Charles Hamel (Opera MiniPay) on Globalizing Dollar Access (EP.643)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
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Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated. The
federal government loans American International Group, AIG, $85,000,000,000. This
is a different kind of mortgage, and the Fed is asleep. The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the two mortgage giants that have been threatened by the housing crisis. The
Bank of England has pumped £75,000,000,000 more to Britain's ailing economy with a new round of quantitative easing. You print a couple trillion dollars, and all of a sudden, people start to worry. So out of this worry, we have something called the Bitcoin. Bitcoin. I'm Wyatt Khazarsahi, and on today's episode, I sat down with Charles Hamel, the creator of Opera MiniPay. MiniPay is an app for saving, sending, and spending in US dollars in Sub Saharan Africa and now expanding more broadly powered by stablecoins. There are over 8,000,000 MiniPay wallets, and that number continues to grow. We now
to be here.
Would you mind touching on, to start with, how did you become involved with MiniPay?
Very much from inception, actually. MiniPay, first of all, it's important to understand is an Opera product. Opera, the browser company. And I've been working at Opera for a number of years and was part of the initial team that built this Web three wallet back in 2018. It was a very early attempt at this hybrid browser wallet product. So I was very involved in that, left for a few years, but then I was keen to get back and to create something very different, a wallet that was using a lot of the same tech but gave a very different experience and really focused around simplicity rather than tryi
So it was something of a crypto native wallet to start with, which is different from today's product? Well,
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