Episode 127 - Glo & The Life You Can Save - How blockchain can help alleviate extreme poverty

In episode 127, we’re excited to welcome Jon Behar from The Life You Can Save, a nonprofit making smart giving simpler, and Seth Ariel Green from Glo Dollar, a stablecoin with a mission to end extreme poverty. We discuss how crypto can help fight extreme poverty, how blockchain can fuel smarter giving, some of the barriers preventing crypto from reaching its full potential, and more.


--Three Key Takeaways--

• Crypto can help combat extreme poverty by creating wealth that is donated to fund high impact interventions, and by building new systems to help drive financial inclusion and alleviate poverty.
• There are a lot of challenges preventing crypto from reaching its full potential as a tool for financial inclusion and poverty alleviation. This includes a lack of on-ramps and off-ramps, UX/UI challenges, and security concerns.
• When building Web3 solutions, it’s important to work with pre-existing solutions that have been proven to work, and not trying to reinvent the wheel.

--Full shownotes available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-127-glo-and-the-life-you-can-save-how-blockchain-can-help-alleviate-extreme-poverty

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More on the disclaimer at cryptoaltruism.org.

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