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Ep. 481 Owning Your Social Capital with The Blockchain

CRYPTO 101

00:00

Decentralized Financing

Aave is trying to expand its global footprint to solve some of these problems in poorer regions and especially regions where they can't even afford to pay an Ethereum gas fee. The idea is to push the idea of using stablecoins as internet money, but also solving real world problems. What's interesting is that almost two months ago in bonus iris, in Argentina, the inflation rate is almost 100%, meaning that whatever you earn today, one year later, you have half of the value in your position.

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