Helen Hai, Head of Binance Charity: The New Era of Giving (Part 1/2)

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 3 February 2020

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Helen Hai is the Head of the Binance Charity Foundation. In this conversation, Helen and Anthony discuss what Binance Charity is working on, how blockchain can help solve many of the issues in the philanthropic world, and how you as a listener can get involved and make a real impact. BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. UNSTOPPABLE DOMAINS-----Make your crypto currency payments simple and build censorship resistant websites. Visit unstoppabledomains.com and purchase your blockchain domains today! -----If you enjoyed this episode and want to stay updated on everything Bitcoin, blockchain, and crypto. Check out Off the Chain newsletter by visiting offthechain.substack.com and join 35,000+ other investors currently subscribed to my daily investor letter.

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to Off the Chain, simply the best podcasting crypto. Let's kick this thing off.
0:09.5	Helen High is the head of Binance Charity. In this episode, we talked about what they're building at Binance Charity, how blockchain can help solve many of the issues in the philanthropic world and how you as a listener can get involved and make a real impact.
0:25.9	But before we get into this episode, I want to talk about the three sponsors that made it possible.
0:30.4	The first, BlockFi.
0:32.2	If Bitcoin and other cryptocurrencies have any chance of ever becoming the next global reserve currency,
0:36.9	we're going to need a lot of infrastructure and wealth management services built.
0:40.1	It's exactly what BlockFi is doing.
0:42.0	Many of you already know, I'm a huge fan, I even invested, and I'm a user.
0:46.1	And so today, they offer three products.
0:48.1	The first gives US dollar loans against your crypto as collateral.
0:51.5	The second is an interest-bearing account for your crypto deposits.
0:54.4	And the third is allowing you to buy or trade cryptocurrencies. These three products are
0:58.8	important helping people do more with their Bitcoin, Ethereum, G-USD, etc. You don't want to sell
1:04.0	your crypto, but you need U.S. dollar liquidity, BlockFi can give you a loan. Or maybe you're
1:08.3	a long-term holder like me, but want to earn some interest on your assets. Obviously, rates vary, but right now BlockFi is paying 6.2% APY on Bitcoin and 8.6%
1:17.3	API on GUSD deposits. Those are unheard of interest rates in the legacy fiat world. As if
1:23.1	these three products weren't enough, BlockFi also recently told their users that they will be launching
1:26.8	a credit card in 2020 that pays their rewards in Bitcoin rather than cashback or loyalty points.
1:32.4	A Bitcoin rewards credit card not only sounds dope, but should help more people earn Bitcoin for their everyday purchases too.
1:38.7	BlockFi's been a longtime supporter of the Off the Chain podcast and I'm a huge fan, So go to blockfi.com slash pomp and check them out.
1:45.8	There may even be some discounts and surprises when you go to blockfi.com slash pomp.
1:50.2	wink, wink, blockfi.com slash pomp.
	...

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