Ep. 51 - The Power of Crypto! Getting Money to the People Who Need It, Samuel Belay

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 19 November 2017

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

*** this is not financial or legal advice*** We are at a point where crypto can be used to change lives. Matthew’s conversation with CRYPTO 101 listener Samuel Belay highlights, what we feel, one of the most important use cases for cryptocurrency. Samuel is first generation born in USA from an immigrant family. He highlights differences in culture in terms of financial planning and struggles of sending money cross boarders to family. Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: https://www.youtube.com/watch?v=sb2np1HGqxg Intro: Poison (by Bell Biv Devoe) https://www.youtube.com/watch?v=6Hi3nbs3bD4 Intermission: All We Got (by Chance the Rapper) Outro: Firefly (by Mura Masa) https://www.youtube.com/watch?v=ThxaAo1QFSw Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	You live in the United States, Australia, or the UK.
0:04.4	But your family is from a developing country.
0:08.5	You send the money.
0:10.8	But how do you send the money when the government is corrupt and unstable?
0:16.7	There's no stability in the institutions of your nation.
0:21.1	Blockchain could be your answer.
0:24.8	Yo, yo, this is Matthew Aaron with Crypto 101.
0:26.9	And today we have another interview with the average listener, but I will not call this
0:31.7	interview average.
0:33.5	I will call it one the best use cases for cryptocurrency out there right now, and that is getting
0:41.6	money to the people that need it from the places that could provide it. My conversation with
0:47.4	Samuel Belay, who is American-born from an immigrant family, discusses these issues that he deals with every day. Before we go to the interview,
0:57.7	I just want to say that we talked for about 50 minutes and we'll stop the recording, but then
1:04.4	we'll keep on talking. So I would start the recording again. And then we'll stop the recording.
1:08.6	And then we'll start it again because every time we just got involved with this conversation, new things came out of it and they were so interesting that I just
1:15.6	had to keep recording. So I apologize in advance for probably a couple parts in the interview.
1:24.1	We'll come out of nowhere. We'll have a break and then we'll start a conversation and it sounds
1:28.4	like it started in the middle that's because it was started in the middle but i thought that the
1:33.5	content was very important so please enjoy this interview with samuel belay and we'll see you after the
1:40.3	interview after the interview.
1:50.7	Yeah.
1:52.9	Spider-Man and freezing full effect.
	...

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