Rodolfo Andragnes is co-founder and president of the NGO Bitcoin Argentina welcomed the Decentralize 2021 event that took place virtually this afternoon. A meeting that was organized for all those who wanted to take their first steps in the world of crypto-finance. It will be taking place on Thursday, August 19 and Friday, August 20 from 6:00 p.m. to 8:00 p.m. Argentina.
Andragnes, highlighted that the NGO Bitcoin Argentina has been defending Bitcoin in the country since 2013, taking advantage of the potential of cryptocurrencies as well as Blockchain technology. Thus expanding knowledge through conferences, the press and the media. Always with the intention of evangelizing the economy that exists and is behind cryptocurrencies.
In this sense, he stressed that, in Decentralize 2021, an understanding of the role of money in the evolution of man would be debated until a journey of the thousands of cryptocurrencies that exist -even the state ones-. From how to buy or save to how to avoid falling for scams. From how to invest to how to lend and get income.
Andragnes stressed that he is currently developing a couple of startups inside and outside the ecosystem. And, he owned the first official institute in the world to accept Bitcoin and publish graduate degrees on the Blockchain.
Evolution of money
Now, during the event, the evolution of money was discussed, and for this, Pepe Guillén, director of Coincaex, was present. Who spoke a little about technological advances, which has been lived through history in terms of money. And how people exchanged money in decades past.
He mentioned that, in each of the times and stages of the economy through the years. It has always been people who are behind the decision-making of the money supply and it is they themselves who make these decisions for thousands of people. Thus impacting the most vulnerable people.
Now, what Bitcoin in question does is take that “power” away from those few but powerful people. Since, with cryptocurrencies it is possible to work through an algorithm that has clear and distributed rules that cannot be altered. Thus, making manipulations that benefit a few impossible.
In this sense, he reiterated, that Bitcoin is an obvious revolution of Blockchain technology. And, he took the opportunity to advise attendees to analyze the past, understand the present and, as far as possible, anticipate what is coming in the field of the world economy. To continue like this, with a free-to-use technology.
Consider that the blockchain and all its uses are like a genie that came out of the bottle. He highlighted that this technology changed the way trust is built in the digital world. “Today digital is flooding almost all industries and, on the other hand, trust is transversal to every human relationship and a pillar in the construction of value.”
Bitcoin vs state currencies
Speaking of celebrating 50 years of fiat currency last week, Guillen expressed how Bitcoin could compete with government currencies. Therefore, he indicated that you should take your eyes off the states a bit and look at the level of processing that Bitcoin has. And that, as a good responsible user of Bitcoin, install a watchful eye within the ecosystem.
He assured that the space of the main cryptocurrency in the market is going to be doing. Just as gold did at the time, a moment in fact that it still maintains within the current economy. In this sense, he believes that if the ecosystem continues to grow derived from the awareness that people are having in relation to the bad decisions of the rulers. Therefore, he believes that Bitcoin will always play a role in the economy of many, many people. Action that will generate a general reaction in the countries of the world.
In addition, and despite not being an expert in projections, he made it clear that Bitcoin will see and exceed its highs again and again throughout its history. “BTC and its price is still niche, but there is no monetary asset in the world with the degree of certainty of scarcity and inviolability of Bitcoin. And the more people understand it, the more it becomes the store of value for them. But when will each milestone happen? I can’t say that. “