Hello hello, firstly, I hope you're having an amazing International Pride Month and National Youth Month in South Africa! I just wanted to take a moment to express our heartfelt appreciation for sticking with us on this incredible journey. Your presence and support mean the world to me and the rest of the team. By the way, don't forget to give us a follow via @nuudmoney on instagram and twitter! It would be a tremendous help in spreading the word about our work to even more people. Now, let's talk about the rollercoaster ride of building nuud money. I won't lie, there were times when we seriously considered throwing in the towel. You know that speech I always give about "doing hard things"? Well, this has taken hard to a whole new level!  We had set a goal to release our application to the world by June 16th, 2023. But, as luck would have it, life threw us some technical and personal curveballs along the way (probably not by coincidence, right?) We also did not think the product was up to our standards, we don't want to release a pathetic product, we care.

Amidst all the emotional ups and downs, I want you to know that we're more determined than ever to bring our work to you, and soon! Speaking of curveballs, let me paint a picture for you, filled with unexpected twists and turns. Imagine this: You've been eagerly planning a solo trip to Europe, envisioning lazy days on exquisite Spanish beaches, indulging in the finest Italian cuisine, securing the perfect seat at the Monaco Grand Prix, and even saving up for a shopping spree in Milan. You've meticulously mapped out your dream adventure in the Notes App over the course of a year. You've done your part. Excitement builds as you embark on your European escapade, exploring all the wonders that await you. Finally, the time comes to treat yourself to some well-deserved retail therapy. You open your bank account, and at first glance, it appears healthy. But then, out of the blue, the president of your home country makes an announcement that devalues your native currency against the Euro overnight, by a staggering 15%! What was supposed to be a carefree trip now feels like a game of Russian-roulette every time you need to make a payment. A simple whiskey sour and a plate of pasta suddenly cost a fortune—"2 million" as Bonang would say. Unfortunately, there's no easy way around this.

The currency you relied on to save your hard-earned money simply isn't strong enough to hold its ground against the mighty Euro. You find yourself with sweaty palms and the fear of accidentally spilling mom's spaghetti whenever you reach for your card.  Imagine if you had been holding a significant portion of your savings in Bitcoin or any other decentralized currency that isn't tied to a single country's policies. As you embarked on your European adventure, you would have had the peace of mind knowing that your Bitcoin holdings remained unaffected by the devaluation of your native currency. While your traditional bank account balance takes a hit, your Bitcoin holdings would have retained a value above your native and spending currency, shielding you from the financial roulette game you found themself in. By benefiting from the decentralized nature of digital currencies, you could have confidently navigated the tumultuous currency waters, enjoying your whiskey sour and pasta without breaking a sweat.  This is based on a true-story, here are some of the receipts. A friend had travelled to Italy and during their trip this is the text they sent me.

You know what? There were times when I almost threw in the towel. But I couldn't shake off the realization that we're solving a real need here. We're determined to help you embrace a brighter future and advance human liberty. So, no matter how tough it gets, we're not backing down. We believe in the impact we can make in your life. Stick with us. Together, we will help everyone, look forward to tomorrow.

mpumelelo, ceo

nuud, inc