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The Pomp Podcast

#652 How Crypto Will Fix South America’s Money Problems w/ Simon Chamorro

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 3 September 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Simon Chamorro was born and raised in Caracas, Venezuela. He co-founded Valiu to make it easier to transfer money from Colombia to Venezuela by streamlining remittances using cryptocurrency. In this conversation, we discuss bitcoin, stablecoins, Venezuela, Latin America, hyperinflation, El Salvador, and what the true situation on the ground is from a monetary standpoint. ======================= Gemini is a leading regulated cryptocurrency exchange, wallet, and custodian that makes it simple and secure to buy, sell, store, and earn bitcoin, ether, and over 40 other cryptocurrencies. Offering industry-leading security, insurance and uptime, Gemini is the go-to trusted platform for beginner and sophisticated investors alike. Open a free account in under 3 minutes at gemini.com/pomp and get $20 of bitcoin after you trade $100 or more within 30 days. ======================= MiamiCoin, the first CityCoin, is now live! This is a community-launched program built on Bitcoin, and it’s far more than a currency: MiamiCoin is a protocol, and a platform for innovation. So, the CityCoins team is announcing something pretty cool: MiamiCoin Makers Month is a bringing together hackers, designers, and creators who are passionate about creating apps to benefit the City of Miami. $25k in total prizes will be awarded to developers who build the winning apps. And, the winners will be announced by Ryan Hoover, founder of Product Hunt, and Bored Elon Musk, everybody’s favorite pseudonymous Twitter inventor and blockchain enthusiast. Visit MiamiMakers.co to learn more and sign up to take part. ======================= LMAX Digital - the market-leading solution for institutional crypto trading & custodial services - offers clients a regulated, transparent and secure trading environment, together with the deepest pool of crypto liquidity. LMAX Digital is also a primary price discovery venue, streaming real-time market data to the industry’s leading analytics platforms. LMAX Digital - secure, liquid, trusted. Learn more at LMAXdigital.com/pomp

Transcript

Click on a timestamp to play from that location

0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to

0:07.1

the Pomp podcast, simply the best podcast out there. Now let's kick this thing off. Simon Chimorro was born and raised in

0:13.9

Caracas, Venezuela. He co-founded value to make it easier to transfer money from Columbia to Venezuela

0:19.3

by streamlining remittances using cryptocurrency.

0:22.5

In this conversation, we discuss Bitcoin, Stablecoins, Venezuela, Latin America, hyperinflation, El Salvador,

0:29.8

and what the true situation on the ground is from a monetary standpoint.

0:33.3

I really enjoyed this conversation with Simon, and I'm proud to be an investor in the business that he's building.

0:38.6

Before we get into this episode, though, I want to quickly talk about our sponsors.

0:42.2

First up is Gemini.

0:44.1

Gemini is one of those businesses you just got to know if you're in the industry.

0:47.4

I've interviewed a number of people from their team before, and I tend to think that they're taking their right approach to helping usher forward this industry.

0:55.9

Gemini is a leading regulated cryptocurrency exchange, wallet and custodian,

0:59.1

that makes it simple and secure to buy, sell, store, and earn Bitcoin, Ether, and over 40 other cryptocurrencies.

1:04.6

They're offering industry-leading security, insurance, and uptime.

1:07.6

Gemini is the go-to trusted platform for beginner and sophisticated investors

1:11.2

alike. You can open a free account in under three minutes at Gemini.com slash pomp and get $20

1:16.6

of Bitcoin after you trade $100 or more within the first 30 days. Again, you can go to Gemini

1:21.4

and open a free account in under three minutes at Gemini.com slash pomp and then you'll get $20

1:25.9

of Bitcoin after you trade $100 or more within

1:28.2

the first three days. Go check it out and let me know what you think. Next up is Miami Makers

1:34.4

Month. It is a virtual hackathon for hackers, designers, and creators who are passionate about

1:39.3

creating apps to benefit the city of Miami. They've got $25,000 in total prizes, which will be awarded to developers

...

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