Is Binance Really Untrustworthy?

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Devin Zugel: When I was in one of them I wanted to try doing a crypto transaction with this guy just like see what it was like. To do it the lead the manager and the quewa who is an older professional guy who had been running it for a long time. He called to the back and it's like 17 year old kid with a Binance app comes out and starts like exchanging the crypto with me. And you know I'm sure he's a very bright young kid but he is not running this businessIt's kind of no skin off his back if something goes wrong. Devin: What I would do if I were them is have like hardware wallet or

Devon Zuegel talks with EconTalk host Russ Roberts about the crazy world of money and finance in Argentina. When inflation is often high and unpredictable, people look for unusual ways to hold their savings. And when banks are unreliable because of public policy, people look for unusual ways to keep their savings safe and to make financial transactions. Welcome to Argentina, where Zuegel finds surprising applications of cryptocurrency for solving problems.