By Gulmaran - 11.03.2020
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Wences Casares just delivered one of most powerful overviews of #Bitcoin I have ever heard (and I have heard a lot). Am hopeful that. A few more great options: Wences Casares on Bitcoin as a new form of money: show-tovar.ru?v=yPIvqJsCOSo The Bullish.
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If you ask them where they prefer, that you take away their internet, which is access to information or their bitcoin, which is access to their money. Everybody else has much, much more restricted access to very basic banking services.
They may have a bank account at the post office, that it only lets you make deposits.
But not really wences casares twitter making payments, much less use it online. What happened at those times?
Growing up I saw read more family lose everything wences casares twitter times.
Every time it was because of something that the government and or the bank did. Where click the following article first time that I have a memory of that, there was a massive hyper inflation where prices wences casares twitter changing constantly.
Everyday, literally sometimes several times a day. That was in Wences casares twitter and my two sisters and she was carrying two plastic bags full of cash.
She had been paid her salary. She was a receptionist at the government bureau with a modest salary and that modest salary took two plastic bags full of cash. And she took us wences casares twitter the supermarket and she gave us each an aisle with a wences casares twitter of things.
So wences casares twitter was one person who worked filofax pop the supermarket whose job was to change the prices and our job was to go in front of that person.
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The person who wences casares twitter through all the aisles putting the new prices and when he finished it here again. So you literally saw the prices change if you follow this person. Our job was to be ahead of that person.
That is really crazy.
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So you also said that you saw these times when money was affected in Argentina, that you say it change the conversations your parents had or you saw the people around wences casares twitter becoming desperate.
What did you see people saying and doing and what do you feel was the lesson that you learned after those experiences?
I was a kid so what Wences casares twitter remember is wences casares twitter of quite emotional and what I remember is the discussions my parents had because of what was going on. And their frustration and their anxiety and how everybody else around us was having the same issues and there was like a collective state of panic and distress.
Nobody trusted anyone with anything. It felt like the very basic fabric that keeps society together was breaking apart and it took a long time.
Something that broke very quickly, took wences casares twitter very long time to rebuild. I have a very clear memory of how this impacted wars. Some people who are better off were able to either buy property to keep the money safe in the form of property or even had a bank account abroad or other things like that.
And those were the ones who were hit the hardest. Did it? A group of childhood friends were contributing to a common project and I was already living in California and at the time. Argentina had banned wences casares twitter forms of sending money.Paypal CEO Interviews Paypal Board Member / CEO of Xapo-Blockchain
You had to send the money to the central bank and then there was a way to claim it from the wences casares twitter bank, but it was very, very hard for normal people to do.
Argentina had currency controls. The only one who would buy and sell click was the central bank. Wences casares twitter they had control of every dollar that comes in and out of the country.
So anyway, I was trying to figure out if my sister could give my friends the money wences casares twitter Argentina and then I could somehow pay my sister at wences casares twitter time.
So I was skeptical and I looked into it. Wences casares twitter found someone who was willing to sell me some bitcoin in person.
From this person in craigslist. We met at a cafe in Palo Alto. And we did the transaction with bitcoin evolution 2020 phones.
With a Qr Code. I wences casares twitter the Bitcoin, I already sold them. I have the pesos in my hand. And I just wonder, was there anything about your personal story, you know, with the way they you saw money handled in Argentina that predisposed you to seeing the potential in bitcoin?
To me, it was very clear and always frustrating that governments see more advantage of the people who are weakest, if you will, and I always thought that technology would change that, but wences casares twitter it had not.
A lot of reading, a lot of playing around with the technology, with a client mining, wences casares twitter people and learning from them.
Wences casares twitter how did you get them to understand the import of it?
In general, did you find it easy or difficult for them to grasp? Argentina is maybe one of the easiest.
Xapo’s Wences Casares on How Bitcoin Makes a Fairer World
Wences casares twitter is invisible to them. Money has always learn more here for Americans.
It has worked for them and for their parents and their grandparents. They wences casares twitter use the same form of money. In Argentina, each generation has discarded some form of currency, at least once, probably more than once.
Imagine that for some crisis you could get rid of the dollar and you have a new currency. It sort of just changes significantly how you see money. But, it makes https://show-tovar.ru/2020/ico-coin-list-2020.html wences casares twitter a lot.
A lot of things that money has always worked for you, you never question. So, I went nowhere from to I tried. I tried super hard.
When the bitcoin price began to move a lot in People began to pay attention. And there was a little bit of sort of chicken wences casares twitter egg there. And, I wences casares twitter at a conference with a lot of important people from Silicon Valley were all present.
Just move a large amount of money so easily. Being a reporter who covers finance, because of the amount that you guys passed around from phone to phone was a quarter of a million dollars.
And it went all around the table from phone to wences casares twitter until it came back to me.
And that happened the first night at wences casares twitter conference and all the people. It caused quite an impression in the people at that table.
But then they began to spread it and you could see the price move as it spread through this conference. And I think for me, that was a moment where something tipped and people who were a lot more receptive and then wences casares twitter started buying, started moving the price, and then it becomes sort of a virtual circle.
Out of all the businesses you could have done with Bitcoin, why did you choose to build Xapo with, you know, the vaults, the wallet, the debit card.
And it will wences casares twitter for a much, much more equal and fair world in my opinion. It could still wences casares twitter. So, I decided that I want to spend the rest of my career helping Bitcoin succeed.
I was part of a large group of people who help Bitcoin succeed and for wences casares twitter the wences casares no deposit bonus casino way to help it succeed.
I see Xapo as a platform to help Bitcoin succeed. And, with Xapo, we focus on what we see as the biggest bottlenecks to success, wences casares twitter right now in our opinion, are security. And an ease of access.
And it is different challenges in each country.
How do you turn cash into bitcoin in India is very different than in the US and is very have dogecoin generator wences casares twitter pity than in Turkey.
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