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Author Topic: [2015-12-01] A star Silicon Valley explains how bitcoin is going to change...  (Read 180 times)
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December 01, 2015, 08:36:59 AM

A star Silicon Valley entrepreneur explains how bitcoin is going to change the world

Tech entrepreneur and bitcoin guru Wences Casares saw his family lose their entire wealth three times in Argentina because of hyperinflation, a currency collapse and confiscation.

“[There’s] more people in the world who need a currency they can trust than the opposite,” Casares told
Dan Morehead, the ex-head of macro trading at Tiger Management, in a new interview on RealVision Television, a subscription financial news service.

Those instances are what ultimately led him to the digital cryptocurrency bitcoin.

Casares created Argentina’s first internet provider and later sold his online brokerage firm to Banco Santander for $750 million in 2000. He is now a star of the Silicon Valley bitcoin scene, heading Xapo, a company that provides a bitcoin wallet and storage vault.

The real “a-ha” moment for bitcoin happened when he was planning a trip with a group of childhood friends back in Argentina.

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