a16z Podcast: Which Bitcoin Players Matter?
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 19 May 2015
⏱️ 22 minutes
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| 0:00.0 | The content here is for informational purposes only, should not be taken as legal business tax |
| 0:05.6 | or investment advice or be used to evaluate any investment or security and is not directed |
| 0:10.3 | at any investors or potential investors in any A16Z fund. For more details, please see A16Z.com |
| 0:16.8 | slash disclosures. |
| 0:18.7 | Hi, everyone. Welcome to the A6NZ podcast. |
| 0:21.9 | This is Donal, and I'm here today with Nathaniel Popper, New York Times journalist, and the author |
| 0:25.9 | of the book just out today, Digital Gold, Bitcoin, and the inside story of the misfits |
| 0:31.7 | and millionaires trying to reinvent money. |
| 0:34.3 | Welcome, Nathaniel. |
| 0:35.9 | Thank you for having me. |
| 0:37.1 | So I just wanted to kick off with an |
| 0:38.7 | article you wrote in the New York Times recently about what you describe as an experiment with |
| 0:43.5 | Bitcoin happening, playing out in Argentina, where people are trading pesos for Bitcoin and vice versa |
| 0:49.8 | instead of actually into other currencies. Could you talk a little bit about why you think that phenomenon is happening? |
| 0:57.9 | I mean, one of the things you comment on is that it's the only place where ordinary people, |
| 1:01.6 | that you think is the only place where ordinary people are using Bitcoin for real commercial transactions. |
| 1:07.3 | Yeah. |
| 1:08.0 | I mean, in the course of writing this book, I traveled to most of the places where |
| 1:13.4 | Bitcoin has caught on in any significant way. And I was always on the lookout for people actually |
| 1:23.0 | using Bitcoin, you know, people who weren't just speculating on the price of Bitcoin or working |
| 1:30.1 | on it for sort of political or technological reasons. I wanted to see people using it in |
| 1:38.0 | some ordinary way. And Argentina, as I mentioned, as you mentioned, is really the one place where |
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