YouSaid · the spoken record
Alex Leishman
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- 53
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- 2024-02-28
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- 2024-02-28
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- 1
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- podcast
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“Running a business, it's insane overhead. You have to do increasingly ridiculously complex things to preserve your purchasing power and your treasury as your company gets bigger. And whereas in the United States, it probably takes a founder of a normal company that's not a financial institution. It probably takes maybe 5% of their time. They hire an accountant, they get a bank, it's easy. I always more and more deeply appreciate how much they have to put up with down there every time I visit.”
2024-02-28 · We Study Billionaires · BTC171: Bitcoin Tech Update with Alex Leishman (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Sorts of exchanges. And the interesting thing about Argentina is that people actually save and use Bitcoin and stablecoins for their everyday life. It's a very common pattern to save in Bitcoin or save and tether. It's very widely used for moving money given all the really strict capital controls. So I learn a lot every time I go. When you're an entrepreneur in Argentina, finance and accounting is probably 40 to 50 percent of the work.”
2024-02-28 · We Study Billionaires · BTC171: Bitcoin Tech Update with Alex Leishman (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“It's an interesting time to be in Argentina. There's a lot of hope that the new president will make big changes that long term are impactful to the country. Everyone in Argentina has been through a lot. There's been some early signs of progress, but it's TBD. You know, a few tidbits price-wise, housing prices are down. Rent is decently cheaper. Looks at food prices have risen. And so it'll take some time to really sort out how the new economic policies really affect everybody. From a Bitcoin perspective, it's always fun to be there because Argentinians were some of the first people to really understand Bitcoin. It was hard for people who hadn't experienced monetary collapse to understand Bitcoin in the early days. There's actually a very strong Bitcoin culture in Buenos Aires and all the other parts of Argentina. I really enjoy spending time with the people down there, some really talented builders. So the moon team is down there, Dario from MoonWallet. There's folks building all”
2024-02-28 · We Study Billionaires · BTC171: Bitcoin Tech Update with Alex Leishman (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT