Quotessence
Home / Quotes / Quote by Olawale Daniel

Quote by Olawale Daniel

“If any of the above real world, national or regional currencies starts losing its value or falls victim to currency speculators or face any other dangers, not only would the central bank which backs that currency will take action to protect it, the government of that nation too would take supportive action too. Cryptocurrencies are not backed by any central bank, government or financial entity. In fact, and as a consequence, cryptocurrencies are viewed by governments and central banks with trepidation, scepticism and intrigue. Cryptocurrencies by their very concept are beyond the purview of traditional governmental-central bank currency framework, though not outside the economy, nor illegal.”

Quote by Olawale Daniel

Create image

Author

Olawale Daniel

Browse famous quotes and profile details for Olawale Daniel. more

You May Also Like

“When our lives lay in scorched shambles, we cannot allow our lives to take on the identity of the carnage that lies smoldering all around us. Therefore, we must create something that irrefutably declares we are not what lies strewn at our feet. And so, we create successes that declare we are not this! Yet, the carnage remains.”

SuccessIdentityFailureDestructionValueWorthAccomplishmentsCarnage
Book:The Eighth Page: A Christmas Journey
Create image

“I remember one time we were walking into a grocery store and an old man was ringing a bell for the Salvation Army. I asked my dad if we could give him some money and he told me no, that he works hard for his money and he wasn’t about to let me give it away. He said it isn’t his fault that other people don’t want to work. He spent the whole time we were in the grocery store telling me about how people take advantage of the government and until the government stops helping those people by giving them handouts, the problem won’t ever go away… I believed him. That was three years ago and all this time I thought homeless people were homeless because they were lazy or drug addicts or just didn’t want to work like other people. But now I know that’s not true. Sure, some of what he said was true to an extent, but he was using the worst-case scenarios. Not everyone is homeless because they choose to be. They’re homeless because there isn’t enough help to go around. And people like my father are the problem. Instead of helping others, people use the worst-case scenarios to excuse their own selfishness and greed.”

TruthPoliticsHomeless
Book:It Ends with Us
Create image

“Not the shattered or slashed works to which Alena thrilled, but those objects in the archive that both were and weren't different moved me: they had been redeemed, both in the sense that the fetish had been converted back into cash, the claim paid out, but also in the messianic sense of being saved from something, saved for something. An art commodity that had been exorcised (and survived the exorcism) of the fetishism of the market was to me a utopian readymade–an object for or from a future where there was some other regime of value than the tyranny of price.”

ArtValueUtopiaCommodity FetishismReadymade
Book:10:04
Create image