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BTC171: Bitcoin Tech Update with Alex Leishman (Bitcoin Podcast)

5 snips
Feb 28, 2024
Guest
Alex Leishman
Join Alex Leishman, CEO and founder of River, a leader in Bitcoin infrastructure. He shares insights on how Bitcoin is transforming Argentina's economy amid instability. The discussion covers the promising future of the Lightning Network and its scalability. Alex also delves into the significance of Ordinals in decentralized identity and explores the potential of tokenizing equity to merge traditional finance with blockchain. Notable topics include Bitcoin ETFs, custody improvements, and how AI is shaping the financial landscape.
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ANECDOTE

Bitcoin in Argentina

  • Alex Leishman recently returned from Argentina, where Bitcoin adoption is driven by economic instability.
  • People use Bitcoin and stablecoins for daily life due to strict capital controls.
INSIGHT

Treasury Management in Argentina

  • Argentinians prioritize preserving their treasury due to economic volatility and inflation.
  • Many resort to unconventional methods, including holding physical US dollars.
ANECDOTE

Dollarization and Crypto Apps

  • Argentina's economy is dollarized, with pesos mainly used for transactions.
  • Crypto apps in Argentina facilitate Bitcoin transactions, including converting Bitcoin to pesos for payments.
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