Bitcoin (BTC) is the first “Money-changing Revolution” according to Standard Bank alumnus – Cryptocurrencies

Bitcoin (BTC) is evolving by leaps and bounds and touches all continents including Africa. The black continent has seen the evolution of a vast ecosystem that abounds in businesses and a community. The media you are reading thus embarks on a long trek to discover the crypto ecosystem in Africa. It is in this context that we welcome John Lombela to our collones.


Former banker at Standard Bank (Corporate Investment Bank) and software development engineer, John lombela has turned most of its business to democratizing crypto. He is now the head of Cryptovecs, an investment fund and is developing Axalio, a digital banking project.

For the past few years, John has traveled the world and speaks at several international crypto-related conferences. He agreed to answer our questions, and what he thinks about bitcoin is to say the least a little surprising coming from a banker.

Bitcoin and banks: same fate as for email and post

Hello sir ! Thecointribune is pleased to welcome you to its columns. Can you introduce yourself to our readers?

I am an entrepreneur. I am trained as an engineer specializing in software development. I also spent time in a Corporate Investment Bank – Standard Bank – or I have had a taste for the world of finance since 2011.

What does bitcoin mean to you and how did you find out about it?

A real revolution. Bitcoin is to banking what email was to mail in the 1998s. Bitcoin is for me the first revolution that changes the world of money […] and how people trade value.

I happened to stumble upon it online, in various searches. Interest deepened as several people spoke to me about making money behind relationship marketing activities

You are the founder of cryptovecs capital. What is your job exactly ? Can you tell us about some achievements of cryptovecs?

Absolutely. I take care of setting up strategic financial vehicles focused entirely onhe world of Blockchain technology and digital assets. Cryptovecs offers both investment advice in digital assets and projects that are developing in the decentralization of financial services around the world, but also manages a small portfolio of investments for individuals who want to make interesting capital gains in this sector.

For example, the fact that Bitcoin has gone from $ 0.10 to over $ 18,000 today represents a growth in value of over 180,000% in just 10 years, or an annual average of 1800%; compared to a bank like RAW Bank which only offers 2% annually in a DAT (deposit-a-term). Of course, there are risks, but we should know how to reduce and manage.

Axalio, a digital bank to discover from 2021

Currently, Cryptovecs has embarked on the development of an online digital business and investment bank called Axalio.

I have a particularly very clear and simple mission in relation to this project that we are already launching in the first quarter of 2021.

We are developing a world that includes Africa in the digital landscape of being able to do almost everything online by simplifying access to everyday banking services such as having a global regulated bank account, sending and receiving payments around the world as easily and in the fastest possible way, and above all to provide access to some of the best investment opportunities that exist in the world; for example democratizing investment in our own precious materials like gold, coltan, copper and others.

We want to take Africa to the world, the world to Africa, and allow doing business with other African countries in an environment that fosters cross-border business activities.

The goal is to support the growth of small businesses and ensure prosperity for all. We will make this possible by taking advantage of Blockchain technology and using digital assets to easily transfer values.



Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

For you, how can bitcoin and cryptocurrencies in general be useful for the populations and the African States?

Very simple, above all they are all technologies that solve something specific; bitcoin is the first decentralized peer-to-peer system that allows very fast sending of digitized monetary values, while the evolution of several other cryptocurrencies allows us today to create a giant ecosystem to stimulate a large-scale digital economy.

To get there, we need to understand how they work, why they exist and how they can help develop any sector.

In Congo Kinshasa, your country, the Central Bank keeps warning the public of the “danger posed by cryptocurrencies”, what do you think of this position? What proposal would you give to the authorities in terms of regulating the crypto sector?

This is completely normal. The regulator would first of all like to protect the population which does not know at all about it in order to allow this one not to lose the capital by injecting it into what they do not understand at all in the aim to make a lot of money in such a short time.

However, the regulator in several countries and very often elsewhere around the world always lags behind innovations. What the Central Bank of Congo should do is emulate what its counterparts are doing; seek to understand what Bitcoin is, the technology behind it and why it will never go away.

Then I would sincerely recommend them to set up a sort of “sandbox” which will allow innovative entrepreneurs to develop financial solutions that will work with the Central Bank to help them better understand the field. Finally, the Central Bank should understand that the world of money is evolving entirely in the digital world and that it could also consider digitizing Congolese fiat money thanks to the blockchain by creating what is called a stable currency (stablecoin in English). This would be a big step towards the modernization of financial and banking activities in our country.

“Bitcoin exists to end corruption. “

Do you think the adoption of bitcoin in Congo could facilitate corruption and terrorist financing?

Let’s see first how corruption ignited the Congo and how much more it happens with the US dollar and the Congolese franc and all in fiduciary. The US dollar has funded several terrorist activities around the world, and continues to do so, for decades.

The technology behind Bitcoin exists precisely to end corruption. The fact that most don’t want it is just to avoid terminating a corrupt system that already exists. It is true that the anonymity aspect of transactions would encourage illicit activity.

Certainly, the role of the regulator would not be to regulate Bitcoin and similar technologies, but rather to regulate digital companies that offer services using these technologies. Bitcoin, on the other hand, cannot be regulated.

I give another example; the transformation or vehicle manufacturing industries use technologies that today emit a lot of CO2. It is impossible to regulate the CO2 emitted to it in many forms to date; on the other hand to reduce the emission of these toxic gases, regulators around the world regulate these companies and therefore require that the development of their vehicles emit less of these gases and therefore be taxed in a certain way in the context of global warming . This is a fine example of the regulation of companies that offer services in any sector. The same should be done with all services in crypto.

Corruption will always exist with or without Bitcoin. We just have to see how to reduce it. On the contrary, the refusal of the Central Bank to interfere in the world of crypto sufficiently shows that it does not want the general public to become a large user for fear of scaring away the collection of taxes for example and other services that commercial banks will lose out to crypto-focused companies.

What is your view on the African cryptosphere? What is your vision of where she will become in ten years?

Blockchain is the necessary cure for firm digital development in Africa. This technology is gaining in importance and proving its worth on several levels. Several central banks around the world are starting to develop their stable digital currencies. Congo should definitely take over to develop an economy that is not evolving at all at the moment, but which in my opinion has a lot of future by embracing the notions of blockchain and cryptocurrencies.


Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

While thanking John Lombela for the interview we were already preparing for the next interview. Who are we going to welcome exclusively in the next paper? Come back and read us every morning so you don’t miss the next shot.

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