Intersection of Crypto, Artificial intelligence and Solar technologies discussion on Apestar Podcast
So welcome to Apestar podcast this is the first of many that will be that will be done I'm still not sure what I'm gonna call it yet but for now tentatively we call it Apestar Podcast Nice name of course it's a nice name ha ha ha and with me here is Peter. He is the founder of Shining Power Solutions He's a renowned person who knows everything about energy solar batteries in Nigeria here. Please welcome to Apestar podcast Yeah I'm glad to be here Yinka so just like you introduced me I'm a solar guy, my name is Peter, and I like what I do Yeah To start this thing I would like you to say something about what made you bred your interest in solar and batteries how did you get into the industry? Okay so where do I start from so I'm a graduate of University of Ibadan I studied physics so during physics program in university days you are mandatory to have 2 years internship during your course of study 200 level and 300 level it's a compulsory course for us During my 200 level IT I was opportuned to to serve at Simba Industries It's an Indian company That deals with solars, batteries and inverters On getting there, I was like, "wow, this is nice and I picked interest from there So you're saying before prior to that time you had no interest in Yeah Prior to that time, not like I had no interest, like I had okay so there's this mentor Dr Olugbi Johnson that came to that came for our freshers' welcoming when I was in 100 level he told us that we should focus more on energy that if we really want to solve any Nigeria problem powers has to be fixed first before any other sector could develop easily so he was just advicing us that we should go into solar although solar was still new in Nigeria as at that time.
That was in 20 2015 yeah 2014 there about. So he was telling us, was encouraging like focus more on renewable energy and other alternative source of energy aside the gas and stuff like that so he has created that was the first time I'll be hearing about solar prior that I I don't know anything about solar I mean I didn't come from a wealthy family Fair enough Fair enough that's interesting the main reason why we sat here today will be is an inter I'm trying to see an intersection between solar battery technologies, crypto currencies and artificial intelligence so Wow that's cumbersome no no no Not particularly but there's a particular question that I've been ruminating about okay it pertains to solar okay and the first question is Is the dream of a decentralized electricity grid possible? yes in Nigeria here because if you look at Nigeria for example everyone is we don't have enough electricity supply to go round as you know and most people provide their own power and it is self sufficiently. Now I'm thinking a step forward like if if we can band together maybe a group of people it could even be a single individual that has probably capital Okay to like generate electricity and distributes to it's not even about distributing to a lot of people now it's about distributing to just your community say like ten houses, is it possible? Yes it is possible just like you said I mean people have been Nigeria our country I mean I don't want to speak negatively this is reality yeah so a lot of stuff we've been trying to survive here I mean when we look at water before we have a water corporation that supplies water to everybody's home then people started drilling their well drilling their borehole and sorting clean water themselves I mean, the same thing can be done to energy already it's there it's there already but it's just that it's before the solar technology become rampant in Nigeria, people have been using the small generator "I pass my neighbor" although it's not clean for our environment carbon monoxide and stuff like that and the stress of servicing so just like the question you asked is it possible yes it is possible you can generate enough in fact data says that we are not using up to 30% of solar power yet so there is the energy is there, it's constant when you say 30% of solar power what do you mean I mean if you look at what the sun is releasing to the earth in terms of efficiency is what you're referring to? no no I'm not gonna talking in terms of efficiency it's just like oh there's a generation okay and you're not dragging enough and it's just wasting okay do you get my point like you have a sea of ocean okay and you are taking the water with just small cup I feel you so that's why so I feel you the sun has enough potential right well we're not harvesting enough of it right right I'm not even sure we're doing up to 30% of what the sun is giving us so that's it right and it's constant and it's free that's interesting part about it so you're saying you're saying is possible yes it is so what would it cost so in terms of cost although if we'll be sincere in this part of the country the cost of solar installation is a bit it's a bit heavy not so much heavy but a bit heavy for a normal average person in this part of the country I mean it's cleaner isn't cleaner supposed to be like widespread and cheaper and you know I mean you know most of all these product most of the products the solar panels, the batteries, the inverters are not produced here in Nigeria They are imported stuff and when we talk about such you know we have to talk about the exchange rate In normal world market, thanks to China, they've tried to like make it as cheap as possible make it as cheap as possible so many pressure but then may want to buy with the currency I mean the US dollars the changing and looking at the average earning power of a Nigerian I mean it's not it's not so easy that's why it's making it as if it's capital intensive but in the real sense it's not, it's just our currency that is not so strong let me put it that way however it's still better than the alternative whatever alternative you want to talk about I mean, it's still better So you're saying a consortium of people can't band together Let's even lets put Nigeria as a use case now Okay Say if i have let's say I have five friends and we want to pull capitals together to experiment with something like this experiment with providing our local community generate power for them and distribute to them at a cost how would do you maybe you don't have the exact numbers what are the off the top of your head what's what's the cost so before we can accurately give before I can I accurately give you the cost there's something called loads load analysis we have to get your average load your maximum load your running loads let me break it in simple terms like what you use normally what are the things you use occasionally so that's what it just means so we know the load peak t the running load and so when we have all those data then we can design effectivlye and efficiently But let's say that a fan, a TV, a laptop your bulbs for basic load it's something 2 kilowatts can still work with so plus or minus 2 kilowatts So if you are 5 we're looking at 10 kilowatts So if we are looking at 10Kilowatts solution we have to now look at battery sizing maybe backup that gives you You know sun, we have an average of time the sun comes out so we might be looking at the storage of about 30kilowatts then we look at generation we can range it, say we have steady sunlight of 4 hours out of 24hours Then we can just do our mathematics Then with that, I mean, that's about say 8 million or 9 million Naira upfront cost wow Per the entire projects of per building so this is what I'm referring to okay so I don't know if this captures the idea what I'm imagining okay is that in a community let's say in an estates okay okay an estate of 10 houses okay there will be a central grid grid like solar panels let's say a hundred solar panels okay There'd be a back up Okay I don't know how okay so when you're talking about an estate, there was this time I had a project similar to that we used use 10 megawattsa okay yeah lithium battery capacity So what will that cost? I mean it requires a lot of a lot of calculations I can't just but I can't give you range so my the main purpose of why I delved into that is You never can tell we could people could watch this and might pick interest is something like there might be an idea that they want to like launch they want to like they've probably been thinking about it and want to like okay let's try it out okay so you know that's why I'm asking for what could be the possible cost obviously you can't tell me the accurate cost but the possible cost 1 million USD hmm yeah Well in the in the grand scheme of things that doesn't sound like a lot yes It doesnt that's what I'm telling you solar is cheaper to whatever you want to compare it to right yes right It is so how can is it possible for crypto to come into the mix yeah so before I can say if crypto can come or not I need to understand crypto to it's fullest like I only have little knowledge about crypto to me it's more of buy when it's dip then wait when it rises take your profit to me, I feel it's seasonal so there will be this time people are saying buy buy buy buy so you buy then you see that your money has doubled if you're not greedy enough you you sell flex your money and I mean you live your life that's the only thing I knew about crypto I don't know any of that thing so I really cannot say but one thing I know is that one thing I think I know is that crypto is a means of exchange yeah and of course if you are creating a value there must be an exchange it's possible it's possible it can come maybe when you because when you when you are when you want to there are some countries that accept crypto as a means of exchange yes maybe Bitcoin or ethereum or something Bitcoin network is actually very slow I was going to recommend I was going to like recommend something like USDT the stable coins okay stable coins yes yes It's a means of exchange yes, so I'm really concerned about the aspect we are doing is in the country where we have a legal tender on all that I'm pretty sure so in in a sort of community like that you might want if you want to recoup your investments because you invested in USD perhaps if you want to like recoup your investment faster and and retain those gains you don't want to be deflation to destroy it you might want to tie it to a hard currency yeah basically so I think that I don't know if they'll work it could work but now it depends on regulation I don't know if regulation would like come me in and try to like bottleneck all those all those aspects so that makes a lot of sense that makes a lot of sense yeah it can work because in our company we have a financing option we call it Energy as Service okay so energy as service is that we we give you the we upfront the whole cost of the production I mean the whole cost of the installation do everything then you pay us when you use although there's a fixed amount you pay like whatever you use plus X that x is a constant then whatever you use is the variable Say for example this project cost 300 million might charge as low as 10 million naira per month then plus whatever energy you use so when we look at the finances you might it off in 3 or 4 years and after you've paid it off the whole product belongs to you like just like your know solar panel has about 30 years warranty your batteries lithium batteries more 7-10 years then you're fine so just like I said there's no regenerative cost unlike you buy a diesel gen you have to refuel so it's possible The the last time we spoke we were talking about distance you know if the houses are spread around over so now you're talking about the transmission now yeah transmission from the generative part yes so it's just like normal transmission Can it be solved? Yeah, it could be solved I mean we generate DC we convert to AC then we transmit AC let me break it down direct current is what we generate from the solar panel then we save it at the medium of the batteries then what we are transmitting to each house is not direct current it's alternating current and it does not affect with increase in distance so the energy is constant the only part we can have a problem is if we want to transit in DC luckily for us in this side of the country none of the houses uses DC direct current everyone is using AC In fact, we can even use the existing structure okay we don't need to like create our own structure oh That will mean working you know working with people in the the incubent people in charge of energy so for example now if you have a Although that's federal government property Yes for example now your estate there is a transformer a high voltage is coming landed to transformer transformer reduced it to the normal usable voltage at home to then transmit it to different houses so we will now disconnect from that grid that is coming then we'll pick your load at the transformer point and re-distribute it Do you get what I mean? it sounds doable but what is the so what's the bottleneck like the bottleneck is the upfronting cost like are people ready to you have an idea and you feel like this can work some people are not well informed enough some people think because they have fallen to the wrong kinds of technician everything Some people think solar is a scam I mean, I've collected so many works the products are fine they use fake cables they use cables meant for AC to install DC and stuff like that so just because of all these roadside people some people do not believe in solar energy again I mean And you were saying something or else we want to create a green house estate yeah so we say so the entire estate will be just we have to now bring some people that are technologically inclined that understand how it works that understand how you can manage your power efficiently yeah so we need to like do a lot of orientation that's why makes a lot of sense that some things are achievable some things are doable unlike probably you met one roadside guy fix something for you and it didn't work to you feel like solar is a scam or you paid fora 2kvA you feel like this 2kvA you have a grid in your house you can out on your microwave, your AC because the person that installed for you is just an electrician, he's not a solar engineer there are so many technical faults people believe it can not work because they are not well informed some believe it can't work because they don't have and they did not they did not look towards that direction because they don't have the financial capacity is something like this already happening in Lagos where there is concentration of capital? Yes just like I mentioned earlier I said there was an estate like that that we were proposing to install 10 megawatts and they are ready to adopt it yeah I know are ready to adopt it or already adopting it? they adopted it but we could not finance it due to the wow yes you mean at the financial capital of Nigeria they couldn't finance something like that so the thing is people the financial institutions some are skeptical that Nigerians are not so because we don't have a well structured credit system and they feel like people can default people can do you get so they are a bit skeptical about investing their money in that kind of project Well said But it's doable Well said Yeah but if we can work with I feel like if there's a real estate firm that owns the building and that can control the whole estate okay let me give you an insight now if I'm coming to my house I can come to this house let us assume this house is powered in green and I buy this house from someone as I'm moving I can be like please disconnect me from the from your this thing (solar connection) I cannot afford to pay it you know you know some people are like that you know Nigerians are not cooperative and because there's no regulations that says that whenever you are coming here you must like is a constant fee you have to pay it it's not like if you're using or not it's not like you will travel out just like I said the variable and the constant so the constant either you use or not the constant is there so that will make it easy for financial to to want to invest so it's not like I want to disconnect from your solar grid I want to use my own generator although generator might sound relieving at first because of the you spread the cost over time you keep buying fuel destroying the ecosystem ecosystem but over the time you discover that the cost of solar is much cheaper and the noise factor the servicing factor I'm a so now if you have a if you can have a real estate we can partner with or have a group of people that are willing to take it up and we know that there's no going back this is the way forward probably for the next three or four years this is how we are doing it so the way the way the way the way the way it seems to me the way it seems doable is is I mean I mean I might be wrong but in my mind it seems as if the way forward now is to have an estate and then set it up from the ground up God bless you and be like this is how it's going to work God bless you so you are saying existing existing There are estate like that in Lagos that have started I don't want to mention I don't want to do adverts for anybody I actually went there to I was called upon to come and estimate and design the whole system I was there so it's not like is possible it's doable already it's already on Yeah and there's a lot of funding as regards that the company's getting a lot of carbon credit because they are bringing green they even call it green and smart homes So it's So you know if you are buying the house you already know what you are going into it's not like you now get there and be like I don't No It's called green and smart home you have the name of the estate I don't want to mention I don't want to give a free publicity but yeah Yeah Well said The next topic I want to delve into is the artificail intelligence topic I know you maybe a semi technician you're more into the management role and stuff but do you worry about humanoid robots taking your job yeah so human humanoid robot would probably help me with my job it's not going to take my job because I run a business it will like I would want to adopt it myself because it makes my work more efficient although I will still have some staff that probably oversee the robot but it makes my work more efficient I disagree So it will assist me in my business it's not going to take No doubts no doubts but like a truly autonomous intelligence might not need you anymore to be in charge of anything okay so I'm going to give you an insight now okay so let's look at toyota manufacturing company for example there are so many robots there assembling, operation, painting, fitting of airbag the're robots doing there are some automation machines They already have a set a role to play they don't have general intelligence They don't have general intelligence yes but you still need ther's this human part of the business just like what I'm doing here fair enough yeah there's still human part of the business this is just one of them that of course you have to do and you have to Fair enough then you build trust like not everybody can trust robot 100% like if robot is giving you cost of this cost of this yeah because you are technically inclined you might want to agree but some people be like who do I arrest I mean who do I sue Are you So like the point is that there has to be the face for the whole business of a thing there has to be someone in charge of the branding in charge of the a lot of stuff like so I will adopt robot I'm not going to like despise it In fact I can't even wait to start to start having robots working for me Are you worried about the fact that it's going to displaced a lot of people you know at the end of the day So now the thing is let's look at let's look at another aspect of robot does see say for example the last decade there was no drone maybe two decades ago let me say before you have to get the pilot videographer before you can shoot from you can't have an aerial view when you're shooting whatever video but now there is drone but now there's someone controlling the drone there's someone making sure that the drone should although some drones are photosensitive and could be programmed that these are the areas I want you to capture but there's still someone like making sure that the drone is doing the right thing yes so so it's just about you like are you willing to like be flexible enough to be like oh this is the solution how do I make the best out of the solution it's going to take a lot of people's job that one is not doubt it's just like when there was typewriter now that is laptop yes yes if you don't update yourself that you learn it let me be like I can remember vividly like there are something that DI printing will not do that there are some places that they are not going to accept anything aside from typewriter directly people are arguing so it's either you adopt the technology or you fight it but my advice is if you fight it then you're going out of business You are, no doubt about that you don't so you have to go so those that accept it will be fine but those that fight it are definitely you know so there always be a loophole that's why there's always upgrade in systems whatever system there's always upgrade upgrade is because people are there behind it monitoring it, seeing the flaws they keep upgrading and upgrades never finish trust me so it's now for you to position yourself to the latest upgrade and how you can make the best use of it am I concerned about people using humanoid I'm not because it's making my own work easier and cheaper yeah so it's deflationary so it will make everything cheaper yeah it will make everything cheaper so it's just my own thing so how do I work with this not like fight it and be like nah no no no I build my business around the robot now because this is the new tech and this is how it works so so let's say everything works out fine and then you have you have a bunch of robots doing most of the menial jobs for you and you are just in the what then what then do you do I spend the money In that kind of world you'd have more than enough money you have enough you don't even know what to do with it yeah just like I said I said upgrades never finish that of course I myself would love to keep investing more in the flaws of the robot then like a bit you know at times business is funny there might be demand in another way okay maybe this is your line of business say for example you sell white shirt for a particular community and you keep selling but before you know anybody has white shirt Do you get it Everybody has white shirt there's no demand for (white shirt) then you might start looking at can you add up drycleaning business because your white shirt when you wear it, it's dirty then you have to have a service that makes sure the white shirt are in good place since the sales of white shirts has fallen So entrepreneurship is not a destination it's a journey and that's why I'm an entrepreneur so entrepreneur sorry whatever phonetics so it's a journey so you have to keep understanding system so you are not there's no this complacence like my soul relax eat no so it's a journey it's a journey so when that stage comes you're going to see some loopholes you're going to see how you can work with it effectively so you adopt it and you move on even as an installer like even those that doesn't run a business like a normal solar installer or a normal solar technician it's up to him yes it's up to him to adopt it Personally I think we'll enter into a world where most jobs are already taken care maybe next decade or two most job yes but it's not that rampant it's too, one, it's not rampant, two there's still not, its still kind of slow so the humand are still faster than that instance when it comes to repetitive stuff you can't compete with them in that angle but when that time comes when they are able to do most things I think it will free, one it will let's not sugar coat anything I think it will it will kick out a lot of people in the job markets and majority of people will not know what to do but at the end of the day we're left with this free time to to explore whatever it is we want to explore it does favor those with capital if you already have capital and you are you are already covered in the way cause you are you can either invest in something else or you don't fall back onto your onto your savings or assets or whatever but for people who are we were f***ed by this it's a tricky thing the tricky situation to solve I'm not sure there's a solution to it there are the solutions that are being proposed are like UBI Universal Basic Income and stuff but when you introduce UBI it also inflates everything so it's a very tricky thing but I don't think that's something we can't really solve to be honest but let's go to the topic of China okay Interesting do you think we can Africa because Nigeria is like it's a very small part of I mean we call ourselves giant of Africa but that's another discussion but you think Africa can compete with China yes really? yeah Interesting If we have the right leadership we can because can we ever get there? You said? Can we ever get there? it's possible it's possible nothing is impossible but the thing is are we willing to get there are we equipped enough are we ready for the challenges ahead are we orientated enough are we even exposed to know educated enough are we even do we even see what those people are doing yes it's because you're enlightened that's when you know that oh this is the many Nigerians prefer to to hear about gist of Baba T and so many dirty stuff and even to down to our young generations at early age they've started doing internet fraud a lot of stuff we are not even exposed we are not educated but can we yes because we have more than enough We surely have the resources We have more than enough but it takes more than just having the resources we don't have the brain power we don't have the we don't have the government I would like to push back on the on that a bit So you think we have the brain power? we do have the brain power I disagree well I think we do have the brain power but it's the talents to convert at the end of the day it boils down to education so now when we look at our education system and why I said we don't have the brain power is what are what are we being fed with? that that was that's where I was going to yeah To solve this talent problem it has to go from the ground up There's this thing I learnt I just know that the mind of a a man is Tabula Rasa I mean although there are other theories that says you live in colony of souls then later adopted that both of them are right but I feel like is what you impute that you output you're right If you keep inputting simultaneous equation quadratic equation, trigonometry that people are finding it hard to apply except those that are in architecture and some fields how then do you compete? You can't so when I tell you so when I say we don't have the brain power that's what I mean even the person teaching you does not know well We have the raw brain power there are very intelligent Africans Over thyere, they already have a system that sucks talent away from other parts of the world because their society already has a way to like cater for those people so that's proof that we do have the brain power we just don't have an a society that incentivises them to like stay here and be able to be like you know channel their raw brain power into using things here and you know creating incredible technologies here so we do have the brain power what I think is the solution is to educate I don't think this current generation of people we have can solve the problem I might be wrong but in order for you to like solve this problem we have to train children yet the unborn children and the newer generation say 1 to 5 years old teach them all these new topics you know machine learning, AI technologies mathematics focus should be on that yeah and then limits you know find a way to regulate it's a difficult topic to have but find a way to regulate social media it's a it's a tricky topic to actually because at the end of the day if you regulate social media there will be Are you aware that Instagram is not allowed in China oh yeah and and most western most western social media technologies are not allowed in there they have their own you know algorithm whatever In fact I heard I'm not really sure about it but like on their own TikTok own version of TikTok it's different it's difference it's mostly about educational videos you know rockets technologies and all yes so basically the entire west is dumbing down their own kids while China is like improving their own generation there's no way there's no way you can compete with those kind of kids it's impossible so it's a very interesting conversation to have but I hope we get there someday I do intend to like I'm sure you do too anybody watching this I hope when they have kids they will be able to like teach them try and inculcate in them the proper at the end of the day it's in your hands you have to let them know how to like be self-sustainable and be intelligent so yeah I agree with you I agree with you but I hope I'm able to convince and not to confuse you that the way out though We can There's also the issue of poverty too If you are poor and don't have what to eat, t there's also that angle you don't know what to do and what has been a way out for most people in Africa crypto for sideline people in most of the world what has been a way out for most of them is Bitcoin and stuff I'm sure you have some questions about about that let's jump into it So my own belief about crypto is I feel crypto is that it's not different from Sportybet I feel it's more of predictions you predict this this is going to go like this then you bet against it not going like that So you're gambling yeah then make your profit while other person cry you are happy and you are smiling Have you ever tried it? As far back as 2020 if i could remember a friend of mine told me buy MATIC I sold my car then what I'm telling you the truth I sold my car and and that's like one of the best decisions I ever made Best decision that means you made money I made money from crypto What's your issue with it? I later lost money So I sold my car then I was using one EOD (Honda End of Discussion) I sold my car for around maybe 650(thousand) and I bought MATIC right so I mean my money how much did you make? maybe like X5 really you didn't do bad actually I didn't do bad and I was very happy I bought another car then again he said buy I can't remeber the coin then it dumped I was sad I think it's SLP or something I bought then I lost money I lost about maybe 2000 US Dollars although that time it was a lot for me even now, it's still a lot and I was just like maybe this thing is gambling you hit today, you cry tomorrow crypto is a very broad thing there's the gambling aspect but I would push back that most things in life is also gambling if you're in crypto you buy something you you expect that it rises in value If you buy a stock If you buy Conoil today or Oando or UBA or whatever company you expect it to run up and then cashout or whatever or hold for long term So it's a I don't think it's different it's any different to that yeah I agree with you in that aspect that okay so it's just like the normal financial market it's up and down but there are ways to play play the game because at the end of the day it's all a game even your own business you couldn't have been successful in it if you don't understand how the market is if you don't understand where to chip in yourself where to corner so it's all a game basically and with crypto there's a way to play there is okay so in crypto by my own rules there are three main businesses in crypto there is credit there is foreign exchange and there is liquidity financing so with credits it means you're borrowing some people your assets and for them it's like in exchange for an interest rate so let's say you are ETH (Ethereum) and then you give me your you borrow me with ETH you set a rate basically let's say you set like 10% interest rate so that means Per year? Yes, APR so that means I'm paying you I'm paying you this but majority of they call them degens in crypto degens don't they don't look into that they just want to like put in their $1,000 10X, 100X, get out hop unto an NFT basically that's like the gambling aspect but to make sustainable gains in the industry it takes deep thinking and you know soul searching yeah because if you keep jumping from one piece to the other you'll make loss at the end of the day so there are there are ways to play that game there are ways to play that game do you have any question Yeah so I believe a coin can go from a particular value to 0 and never exist again I'm not saying Oando can not go because you're comparing some stocks now but the chances are very slim and it takes a longer time but in the blink of an eye volatility is crazy so that's where the foreign exchange aspect aspect comes in so with the foreign exchange foreign exchange is an is an exchange of one currency to the other you know you're trying to sell to USD for JPY JPY for this and that in the crypto industry you're trying to swap BTC to ETH ETH to MATIC or Polygon or whatever You're trying to swap the other one to some other currency so you swap that in an exchange people who own that infrastructure they are betting on volatility sort of but they don't have to guess where the market is going whether the market goes up or goes down it's it's irrelevant to them because at the end of the day they're raking in fees the last time we were having this conversation we were talking about that is it not gambling, that you know people will lose their money and all that at the end of the day you have to realize that people will gamble whether you like it or not yeah people will gamble whether you like it or not people will trade whether you like it or not and when you when you own the infrastructure layer of that you own a piece of that you are getting certain percentage of it that's more sustainable than you bouncing from one place to the other okay I get it for whatever trade that is happening whatever swapping that is happening those that own the infrastructure are getting paid either it goes up or it goes down so now if you really want to make money from crypto the whole goal is to go and build your own infrastructure and make sure people are patronizing you can we say that? fair enough fair enough The beauty about crypto is like is not in the traditional sense the traditional system it's insiders that would have an opportunity to own a piece of that but in Who are the insiders? insiders by I mean people that already have capital, people who are already connected people who are already in power they are the ones who are opportuned to invest in something like that but with with crypto it has an ethos of decentralization so it means anybody on the streets so far you know about it anybody on the street can actually contribute to that and buy a piece of that industry so that is how that is how you get an ownership of a sustainable income so now that being said I do recognize that a lot of people don't have the capital let's say that's you want to buy a salary and when I say something like that people look at you like you are crazy You want to buy a what? buying a salary buying a salary is possible buying someone salary buying a salary buying a salary means by like you know every month you're getting paid a certain amount based off the ownership of an infrastructure that you own so it means let's say the exchange that we talked about where people are exchanging the foreign exchange made about just a figure a million dollars a month then if you own 1% of that 1% of that million dollars goes to you as your monthly income wow but for for you to own a piece that, it means you need to invested something for you to own a piece of that so most people are not well capitalized enough to to like do that and that's where Apestar comes in because we realize that a lot of people don't really have that but Apestar democratizes further in a sense that people who don't have a lot of capital to invest they can come in, alright pool their capital together and then we now use AI technologies machine learning algorithms to like distribute it into the system to find the where yields, to be able to locate where yields are and then return it to our customers so that's what we're trying to do with Apestar but that's like conversation for another day so with crypto it's, it's kind of gambling but at the end of the day you have to know how to play the game well that's what I talked about earlier the game is the game yeah so this has been a very productive conversation I would like to do this another day Yeah some other time yeah if people want to like locate you or maybe they want to get to know know more or wants to do business with you maybe a multibillionaire CEO and he's like, "hey Peter" where would they locate you let's make my estate go green yeah Shiny Power solution Instagram TikTok Facebook yeah it will be down in the (description) and our office address is at we have one at Olopomewa, Eleyele, Ibadan we have another one at Apete, Ibadan as well so Well, it's great to have you here Same here my brother Next time yeah thank you Let's cut it.
2025-04-09 12:04
