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Economics and Dentistry: YOUTUBE'S FAVORITE TOPICS

2012-12-11 · John · watch on YouTube · Global development · announcement promotion

In a Bank of Nerdfighteria report on the way to the dentist, John says the Foundation to Decrease World Suck has refilled ($15,000 plus $60,000 in pledges) for the Project for Awesome, the Nerdfighter Kiva team nears $1.6 million in loans, and Nerdfighteria now lives in many places beyond YouTube; he asks for P4A videos.

What is said

00:00:00 — Dentist morning, suit and Holden Caulfield hat; Bank of Nerdfighteria report: the giving arm (Foundation to Decrease World Suck) after P4A 2011 and its current balance

  • ★★ John is up extremely early to go to the dentist to find out whether he needs a root canal, which he expects he probably does. (hedged) — 00:00:00
  • ★★ Wearing a suit and a Holden Caulfield hat, John delivers the Bank of Nerdfighteria's 'quarterly' report, now more annual, because the Project for Awesome is coming up. — 00:00:00 · Bank of Nerdfighteria, Project for Awesome
  • ★ John says the Bank of Nerdfighteria has two arms, a giving arm and a lending arm, joking that like Charlie McDonnell it is also nice, generous and handsome. (playful) — 00:00:00 · Bank of Nerdfighteria, Charlie McDonnell
  • ★★ John says the Foundation to Decrease World Suck was set up in 2007 to fund things like Nerdfighters' first concerts and fighting global poverty, and since 2008 has focused on global poverty as more important. — 00:00:29 · Foundation to Decrease World Suck, extreme poverty
  • ★★★ John says that after last year's Project for Awesome the Foundation to Decrease World Suck gave more than $80,000 to five charities chosen by the YouTube community, leaving it broke. — 00:00:29 · Foundation to Decrease World Suck, Project for Awesome
  • ★★★ John says the foundation now has $15,000 in the bank plus $60,000 in pledges, which he says should be bigger than last year. (hedged) — 00:00:29 · Foundation to Decrease World Suck

00:00:58 — Minecrafteria; ride to the dentist in an electric car; the many places to be a Nerdfighter

00:01:27 — No root canal yet; the lending arm: Kiva explained, the Nerdfighter Kiva team's total, free first loan, John's own lending

  • ★ At the dentist John learns he needs no root canal, yet. — 00:01:27
  • ★★ John explains that Kiva lets ordinary people lend to entrepreneurs in the developing world, giving them banking access they would not otherwise have. — 00:01:27 · Kiva, microfinance
  • ★★★ John says the Nerdfighter Kiva group had just passed $1 million in loans at the last report and is now about to pass $1.6 million. — 00:01:27 · Bank of Nerdfighteria, Kiva
  • ★★★ John tells non-members to click the link and make a first Kiva loan for free; the inviter, here a raffle-winning Nerdfighter from Arizona, also gets a free loan. — 00:02:07 · Kiva, Bank of Nerdfighteria, doobly-doo
  • ★★★ John says that, often as the inviter, he has lent more than $64,000 through more than 2,000 Kiva loans, and 100% of borrowers have repaid him so far. — 00:02:07 · Kiva, microfinance

00:02:37 — John's repayment record; summary; P4A is now an internet thing; ask for P4A videos on Monday; sign-off

  • ★★★ John says he has lost only $7, to currency fluctuations in South Sudan, so helping $64,000 worth of businesses grow cost him $7. — 00:02:37 · microfinance
  • ★★ John sums up: the lending arm is going like gangbusters and the giving arm is ready for the Project for Awesome. — 00:02:37 · Bank of Nerdfighteria, Project for Awesome
  • ★★ John says that with so many places to be a Nerdfighter, the Project for Awesome is now an internet thing rather than a YouTube thing, though YouTube is still its core. — 00:02:37 · Project for Awesome, YouTube
  • ★★★ John asks Nerdfighters to make a video about a charity they feel passionately about and upload it on Monday at noon Eastern. — 00:02:37 · Project for Awesome, Nerdfighteria

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