Wences Casares on Bitcoin and Xapo

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4.7 • 4.4K Ratings

🗓️ 20 July 2015

⏱️ 61 minutes

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Summary

Wences Casares, bitcoin evangelist and founder and CEO of Xapo, talks with EconTalk host Russ Roberts about how bitcoin works, the genius of bitcoin's creator, and how Xapo is structured to create security for bitcoin banking.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find
0:16.0	links and other information related to today's conversation.
0:19.0	You'll also find our archives where you can listen to every episode we've ever done going
0:23.2	back to 2006.
0:25.4	Our email address is mailadycontalk.org.
0:27.9	We'd love to hear from you.
0:32.0	Today is July 14th, 2015, and my guest is Wences Casaras, founder and CEO of ZAPO.
0:39.4	That's XAPO, a company that creates Bitcoin wallets and bolts.
0:44.1	Wences welcome to Econ Talk.
0:46.0	Thank you Russ, thank you for having me.
0:47.7	So let's start with your story.
0:49.7	How did you come to be an evangelist for Bitcoin?
0:52.9	I first learned about Bitcoin in 2011.
0:55.8	I live in California, in Palo Alto, and a group of childhood friends from Argentina.
1:04.3	We're doing a project together and we all needed to send money for that project.
1:09.2	And I couldn't send money from California to Argentina, so I was trying to see if my sister
1:12.8	who's there could give my friends some money and I'll pay her later.
1:16.6	And one of my friends who's not tech savvy or financially savvy said, hey, why don't you
1:21.3	use Bitcoin?
1:22.3	And I said, what?
	...

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