Saving is burning money: Daniel on stablecoins and inflation.

0:00A: I will have $200,000 in cash, but this purchasing power will be less because of inflation. It’s as good as I have $160,000 or $170,000. So it’s crazy. You’re burning money. Yeah, I’m burning money. By saving. By saving. So that defeats the purpose. Because I don’t get bailouts. People that get bailouts are big companies, big brands. To start companies or to build houses or whatever. So it’s big brands that get these bailouts or get these loans from the government. Yeah, so if me as an individual cannot get the government, I shouldn’t be affected by their lack of intelligent policies that they’ve refused to propose that would actually help economic growth.

0:00A: Yeah, I shouldn’t be affected by that. I should be able to use blockchain, crypto, like stable coins to hedge against that. So we’re discussing that. So I want to encourage more people to save in stable tokens and maybe stake them, stake them to little. A little, yeah, interest at the end of the year. So I want to learn more into that. I also want to see how I can also use blockchain activism, holding leaders accountable to using for voting. I want to also see how I can also encourage youth and teenagers to learn blockchain technology as a means of getting out of poverty. Do what I want to do going forward.

0:00A: And hopefully in the long run, get funding for some social projects like the, like the, um, Public Defication, I told you about. Yeah, this is something I think I should do going forward. Even things like at your church, which you mentioned to me as well. You said? Or even things like in your church community, like you mentioned to me as well. Yeah. Trying to contribute to people regardless of cost. $10 for the first prize, $7 for the second, and then $5 for the third prize. Then going forward and see for offer scholarships. Some of them come from very low-income homes, single-parent homes, and then some of them take it too far.

0:00A: They should be really accommodating to everyone. But some family, my father would say, If you go to church, if you become religious, I don’t pay your fees anymore. So we want to see how we can support them and get them through schools.