What Is Latin America’s Love for Bitcoin? Feat. Sebastian Serrano

Latin America has been in the middle of the crypto community’s attention after El Salvador adopted bitcoin as a legal tender. But is it actually a good thing for bitcoin and for El Salvador, and will it benefit the country’s citizens?This week, “Opinionated” hosts Ben Schiller and Anna Baydakova are talking to Sebastian Serrano, who is the CEO of Ripio, a popular crypto wallet and exchange in Latin America.

Listen on:

On this episode

This week, “Opinionated” hosts Ben Schiller and Anna Baydakova are talking to Sebastian Serrano, who is the CEO of Ripio, a popular crypto wallet and exchange in Latin America.

This episode is sponsored by Unique One Network.

Ripio was founded in 2013 and since then has been expanding in the region with offices in Argentina, Brazil, Uruguay as well as Mexico and Spain. Ripio bought Brazil’s second-largest exchange, BitcoinTrade, in January. (Full disclosure: One of Ripio’s early investors was Digital Currency Group, CoinDesk’s parent company.)

Latin America has been in the middle of the crypto community’s attention after El Salvador adopted bitcoin as a legal tender. But is it actually a good thing for bitcoin and for El Salvador, and will it benefit the country’s citizens? Serrano has his own take on this.

Listen as Ben and Anna talk to Sebatian about crypto use cases in Latin America, his thoughts on whether other countries would follow El Salvador’s lead and accept bitcoin as money, and what Latin American nations should do about bitcoin.

Sebastian Serrano’s Twitter handle: @sserrano44

Image credit: Hernan4429/iStock/Getty Images Plus, modified by Coindesk