#276: Starting an exchange in Guatemala, onboarding enterprise clients, and freedom money with the IBEX Mercado team

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8 • 764 Ratings

🗓️ 18 October 2021

⏱️ 97 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Join Marty as he sits down with Jose Lemus, Juan Pablo Lemus, & Estaban de la Peña; the IBEX Mercado founding team, to discuss:

- Why they built the exchange

- International banking restrictions in Guatemala

- How they ended up with their non-custodial model

- Communicating with regulators

- Avoiding having to KYC kids

- Banking the unbanked

- Bitcoin's perfect incentives

- much more

Follow IBEX Mercado on Twitter

Shoutout to this week's sponsors.

Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse when you download the app.

Unchained Capital. Check out their white glove vault concierge service that will take you from zero to secure multisig setup in no time. Use the code TFTC and receive $50 off that package that includes 2 Trezor Model Ts and $1,000 in your vault.

Braiins. Braiins are leaders in the mining industry; running Slush Pool, creating firmware to make miners more profitable (Braiins OS+), and building out Stratum V2 to help further decentralize mining and make Bitcoin more robust. Check out their mining profitability calculator.

Compass Mining. Compass wants to democratize bitcoins hashrate and give everyone the ability to strengthen the network while mining bitcoin profitably. Thanks to Compass, it’s never been easier to mine bitcoin. Check them out at compassmining.io

Transcript

Click on a timestamp to play from that location

0:00.0	What is up, Freaks at your boy Marty Bent here to introduce this episode of Tales from the Crypt.
0:05.9	I sat down with the team from Ibex Mercado, Jose, and Juan Pablo Lemus, a brother co-founder team,
0:15.2	in Esteban de la Pena, uh, to talk about what's going on in Guatemala and El Salvador.
0:23.5	This episode will make you bullish freaks.
0:26.1	That's all I'll say.
0:27.6	Please forgive.
0:28.4	I'm going to edit out.
0:29.5	I think I'm going to edit out the technical difficulties.
0:31.1	I'm going to edit out the technical difficulties in the middle.
0:36.3	Four years in, more than four years in. So I'll try to figure it out.
0:39.8	Maybe I need a producer. Anybody in Austin want to help me produce stuff? Seriously. I do want to
0:44.8	get a studio set up where we can easily do video recording in high-deaf the correct way,
0:53.7	willing to pay. Let me know if you're in
0:55.6	austin preferably in person this rip was brought to you by good friends at the mullah fucking
0:59.8	cash up cash up sell you stack sets send sats receive sets sell sets if you so please we're saying
1:05.1	sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat sat satats are the standards. A hundred million Satoshi's in one whole Bitcoin.
1:12.2	You call them Satoci's.
1:13.0	Most people call them Sats, though.
1:14.4	You don't have to stack a whole Bitcoin, a fraction of a Bitcoin.
1:17.1	You can stack whole Sats instead.
1:18.8	Cash app makes it extremely easy.
1:21.9	You need DCA into Sats.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marty Bent, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marty Bent and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.