Unchained El Auge de MakerDAO: Un Viaje Personal - Ep.171
May 6, 2020
Mariano Conti, Head of smart contracts at MakerDAO and a passionate advocate for cryptocurrency, shares his personal journey as an Argentine navigating economic turmoil. He reflects on the profound impact of inflation and bank account freezes on his life. Topics include the evolution of MakerDAO’s stablecoin DAI, the transformative potential of decentralized finance, and how stablecoins empower Argentinians to reclaim financial stability. His relatable narrative illuminates the clash between traditional banking and innovative digital currencies in survival-driven environments.
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Grandparents' Loss
- Mariano Conti's grandparents lost their life savings due to Argentina's 2001 economic crisis.
- The government froze bank accounts, converted dollar accounts to pesos, and devalued the peso.
Argentinian Risk Tolerance
- Argentinians are more willing to take risks in other areas, especially finance, due to economic instability.
- They often seek dollars as a safe haven, distrusting the government and banks.
Conti's Crypto Journey
- Conti's cryptocurrency journey began in 2014 out of necessity for financial control.
- Working as a freelancer in Argentina, he needed a way to receive dollar payments without government interference.