As I've said in my opening statement, that's something that is really important to me. It's the reason I'm still in Bitcoin 11 years later, and why I'm spending my money and putting my money where my mouth is to help the billions of people around the world who live under some sort of financial oppression.
This is a real problem that we don't really pay too much attention to here in the west because we have a money system that works. We have banks that work pretty well. It's not something we think of as a day-to-day need—that we need Bitcoin as payment method—but for people I'm talking to and working with in Nigeria, El Salvador and places around the world.... I mean, there are 200 million people in Nigeria who are experiencing hyperinflation right now, and they're turning to Bitcoin as a tool that's kind of like a shield to pick up.
Earlier, something was mentioned about Bitcoin not being used as a tool for protecting against inflation. That's another thing we should try not to be partisan about, where we look at something someone says and then ascribe those values. Bitcoin is a tool for good for the world and for the billions of people who live under financial oppression. For people in Nigeria, even though Bitcoin maybe went down 70% from when some of them bought it, they're currently limited to withdrawals of $45 naira a day from their accounts, so they have no choice but to turn to something like Bitcoin. As well as companies, like mining companies that do off-grid mining, there are 300 million people in Africa who don't have access to secure power. Bitcoin positively impacts the grid and, in a way, is going to accelerate the world's adoption of clean energy.
I think Bitcoin is a tool for freedom. That's one of the things that makes me so excited about Bitcoin. I would love to see more people who are in poverty in Canada be lifted up and be reframing themselves from short-term thinking to long-term thinking and saving. Trading cryptocurrencies and minting NFTs and trading them might be fine if you're a stock trader or something like that. The real innovation here is being able to save in a disinflationary money that is free from the corruptible influences of a CEO or any world government that can change the monetary policy on you, as billions of people are experiencing all over the world.