The Ledger, every show

“It's pretty clear that at this point, Bitcoin is not ready for prime time in that way. There are sort of basic problems with the protocol, with the number of transactions that can go through the system, and significant improvements that need to be made before …”

“And I think the people who are kind of really in the trenches working on this recognize that this sort of thing takes five, 10 years, and, you know, Wences often would say that to me when I was talking to him in the course of reporting on this book that, you k…”

“That has been an issue that people don't actually seem to trust themselves to use truly decentralized technology, or perhaps they don't have the abilities to do so.”

“If the government does away with that, if the government begins to deal with inflation, then the advantages of Bitcoin are going to become a lot less significant.”

“I wouldn't argue that Argentina is the future of Bitcoin, or Argentina is paving the way for Bitcoin, you know, broader adoption by ordinary people. I just think it's a great experiment to watch, because it's the place where people are trying that right now”

“The code in itself would have died a quiet death if it were not for all of the people in this book”

“And in Argentina, as I mentioned, as you mentioned, is really the one place where I saw that happening, where I saw ordinary people who didn't have any political motivations, didn't really understand the technology using Bitcoin because it allowed them to do s…”

“When you look at it, there are a lot of lessons to be drawn for how it might be used elsewhere once, once the technology, once the protocol, once the code, once the infrastructure is improved, it will be able to compete in other places in similar ways”

“I think that what Argentina has that a lot of other places don't have with dysfunctional economies is a very well-educated, literate tech-savvy population that, that knew how to embrace this technology and that had the skills to do that and a comfort with, The…”

“Many of the crises that have hit Bitcoin Have been as a result of people trusting their bitcoins with some central institution that was essentially allowed to hold their money in the same way that a bank does, but without any insurance.”

“Wences as an entrepreneur is fascinating because he is so good at telling stories, and I think that's a big part of the reason he has managed to influence Bitcoin the way that he has, and the way, and that he has managed to build the companies that he has, bec…”

“Frankly, the most popular way to get around the peso is the dollar, so there are already, there's already a whole infrastructure and world of money changers in Argentina who are changing between dollars and pesos and that's, That is something that sort of set …”