Lessons from Venezuela's hyperinflation crisis w/ Mauricio Di Bartolomeo, CSO of Ledn | ep. 5 new renaissance capital w/ frank corva

Mauricio Di Bartolomeo believes that it's essential to understand the nature of money if you want to be financially successful.
Growing up in Venezuela and witnessing his country's political and economic systems unravel, Mauricio learned the hard way that hard work doesn't matter much if you save in fiat.
In 2015, his brother discovered Bitcoin and started mining it.
Upon witnessing his brother's success as a Bitcoin miner, Mauricio found his calling and started Ledn, a Bitcoin lending company (and more), by 2018. In our interview, he shares his journey in greater detail and bestows upon the listener the many lessons he's learned about money along the way.
0:00 Introduction clip
1:44 Intro music
1:58 Introductions
5:18 Overview of crisis in Venezuela
13:30 Inflation vs. hyperinflation
19:19 Latin American debt / How money works
26:31 The nature of money
28:36 Mauricio's brother Bitcoin mining operation
33:25 Bitcoin as a way for everyday Venezuelans to hedge
37:12 Don't save in fiat / Pain is a teacher
40:44 Do Venezuelans need Bitcoin?
47:45 Stablecoins
58:18 Why is Ledn a lending company?
1:07:10 Earning trust
1:11:28 How does Bitcoin help people in Venezuela?
1:16:01 Bitcoin helps Democracy
1:19:44 Outro
Intro music: "Yours" by correspondents — https://open.spotify.com/track/45u2rj38rllskHPnIRUTl3?si=cf7815b5424d4aea
#money #venezuela #inflation #hyperinflation #bitcoin #btc #currency #economics #finance #crisis #usd #usdollar #stablecoins #lending #lendingcompany #ledn #canada