#031 - Mauricio Di Bartolomeo - $100k Bitcoin, Free Speech, Immigration and Populism
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 13 December 2024
⏱️ 123 minutes
🧾️ Download transcript
Summary
Mauricio Di Bartolomeo, co-founder and CEO of Ledn, a Bitcoin and digital asset financial services platform, fled Venezuela to escape persecution by the regime and the devastating effects of economic collapse and hyperinflation.
Can Bitcoin be the answer to managed decline and inflation? In this interview we discuss the lessons from Venezuela's economic collapse and how Bitcoin offers a pathway to financial freedom. We also cover the challenges of big government, the hidden costs of free services, and why decentralisation through Bitcoin could revolutionise economies like the UK.
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Transcript
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| 0:00.0 | Generally speaking, when people realize they can vote themselves benefits, like vote yourself free health care, vote yourself subsidies for food, but you know, vote yourself money. |
| 0:11.4 | Yeah. They will do that. They're going to vote themselves incentives and money until they perceive that those incentives aren't working for them or they're not getting their worth. |
| 0:21.8 | So for example, in Venezuela, when things broke was when your pension became the equivalent |
| 0:25.9 | of five bucks, right? And so people said, okay, well, my pension is not allowing me to eat. |
| 0:31.1 | This free healthcare, the hospitals don't work. I have no drinking water at my house. |
| 0:36.2 | All these services that you're supposed to be giving me, |
| 0:39.1 | I'm not getting them anymore. Eventually, what you're doing when you're giving out these free |
| 0:43.6 | things is you're eating it away from someone else. It's a cancer, right? And the only way out of this, |
| 0:48.9 | and the only way you don't sink with the ship is you got a life raft. And that life raft is |
| 0:52.5 | usually an asset because no matter how much water the government prints, your asset just lifts, just goes up with it. |
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| 1:40.2 | That is iron.com. Hello, my friend. How are you? |
| 1:46.2 | I'm great, man. Happy 100K. Welcome to London.com. Hello, my friend. How are you? I'm great, man. Happy 100K. |
| 1:51.5 | Happy 100K. Welcome to London. It's beautiful here. Is it your first time? No, my second time. |
| 1:58.5 | But the first time I was here, I think your impression of anything, even a place, is in some way tainted by how, what point in life you are in. So the last time I was here, |
... |
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