The Pursuit of Scrappiness #39 Dmitrijus Borisenka 🇱🇹 (CoinGate) on what you should know about crypto and its future + tips for work-life balance & how to make time to do Ironmans while being a CEO
Dmitrijus Borisenka is the Co-Founder and CEO of Coingate - your gateway to all things crypto. Dmitrijus is a serial entrepreneur, a crypto enthusiast and also an endurance sports athlete.
In this episode we discuss the current crypto bull market, global crypto adoption as well as getting people and businesses into crypto. We also talk about the risks and opportunities in crypto, NFTs and coins to follow. Finally we cover business/life balance, boosting confidence through endurance sports and knowing your body and mind.
The topics covered in this episode with Timestamps
[02:20] - INTRO, DMITRIJUS’ BUSINESS JOURNEY AND THE ORIGINS OF COINGATE
- Be brave to suck at something new
- First steps in entrepreneurship
- First mistakes in business
- Longevity and biohacking
- Starting a crypto business in 2014
- Crypto to become a top checkout method in 3-5 years
[08:25] - REASONS FOR THE CURRENT CRYPTO ALL TIME HIGH
- Pandemic and global money printing
- Bitcoin as digital gold & inflation hedge
[10:10] - EXPERT’S ADVICE ON CRYPTO FOR BEGINNERS
- Don’t do day trading
- Focus on understanding the assets behind the coin
- Play the long game
[15:45] - WHY MERCHANTS ACCEPT CRYPTO
- Ultimate value of crypto in disrupting cross-border payments
- The promise of stable-coins in payments
- Rise of other crypto currencies relative to bitcoin in eCommerce payments
- What kind of businesses accept crypto payments
[19:30] - CRYPTO TO BECOME TOP CHECKOUT METHOD IN 2-3 YEARS
- Adoption of crypto between global fin-tech giants - Stripe, Paypal, Klarna
- Money as the last undisrupted industry
- Can crypto still be squashed by global governments? Too late
[22:50] - ON GETTING PEOPLE AND BUSINESSES INTO CRYPTO
- Challenging educational task
- Spending patterns of crypto users
- Benefits of accepting crypto for eCommerce
- 60% of merchants keep their income in crypto
[28:00] - NFT’s AND 4 COINS TO FOLLOW
- Altcoins that Dmitrijus follows
- NFT’s
- Metaverse
- How easy it is to inflate value of tokens
[32:30] – ON BUSINESS/LIFE BALANCE
- Running (all endurance sports) as a boost of confidence as anyone can make progress
- Running marathon in North Pole and North Korea
- Keeping body and mind in shape through healthy routine in sports
- Other methods of clearing mind through your body
- Become great at business and then die anyway
- Know your body
[39:40] – HOW TO FIND TIME TO DO MORE
- Meditate for 25 min per day and if you don’t have time - then mediate for 45 min per day
- Keep your priorities straight
- Proper stress management, sleep and nutrition
To reach out to Dmitrijus use:
Linkedin: https://www.linkedin.com/in/dmitrijus-borisenka-a3a170b7/
Website: https://coingate.com/
Find out more on https://www.pursuitofscrappiness.co/
Support for this episode comes from Nexpay > https://paynexpay.com/
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The full interview with Dmitrijus is available NOW on Apple Podcasts, Spotify, and Google Podcasts