Episode Summary:
In this episode, Decent Millionaire host Dara Albright and guest Stefan Rust, CEO of Laguna Labs, the development arm of Truflation, a blockchain-based inflation dashboard possessing a more accurate, real-time inflation gauge, discuss NUON, the world’s first independent, overcollateralized and decentralized flatcoin pegged to the value of unbiased inflation.
Episode Highlights:
The drawbacks of stablecoins – particularly during inflationary times;
The dangers of CBDCs;
How flatcoins hedge against inflation;
The collateralization of Nuon, the world’s first flatcoin;
The magnitude of inaccuracies in government data sources such as the Bureau of Labor Statistics;
Why a growing number of financial institutions are turning to Truflation for a more accurate and reliable real-time inflation gauge;
How individuals could benefit from customized inflation calculators;
How regenerative finance (“ReFi”) provides a more honest approach to ESG investing.
Educational Takeaways:
what is a stablecoin
what is a flatcoin
what is a CBDC
About The Decent Millionaire Podcast
The Decent Millionaire podcast (short for decentralized millionaire), hosted by fintech pundit Dara Albright, is an episodic podcast series that helps people discover the unprecedented wealth creating potential of decentralization, web3 & Participate2Earn Economics (P2E Economics for short). Whether you are an individual looking to learn how web3 can make you healthier, wealthier and wiser – without investing a dime; or whether you are a policymaker, financial professional or economist seeking to understand how this new macroeconomic framework will foster economic expansion, narrow wealth gaps, raise literacy rates, improve the healthcare system and ensure ample retirement savings for all, this is the podcast for you.
How Decentralization Combats Inflation and Protects Your Purchasing Power