Wences Casares, founder of bitcoin security company Xapo and serial entrepreneur is "obsessed" with bitcoin.
"I truly believe that it may change the world more than the Internet did. I truly believe that [because of the] 4 billion people who live on cash today. It is the biggest step forward in the democratisation of money we've ever seen," he told CoinDesk.
Widely referred to as the digital currency's "patient zero" – a term coined by LinkedIn co-founder Reid Hoffman – the entrepreneur is credited with spreading the word about the digital currency throughout Silicon Valley and reticent financiers on Wall Street. A mission which, he said, has drawn laughter from skeptics. "Bitcoin sounds a little like science fiction at first."
It seems Casares is used to dealing with technology skeptics. Hailed with launching Argentina's first Internet service provider (ISP), he recalls speaking to the CEO of Telefonica – a Spanish telecommunications giant – about the Internet in the early 1990s, urging the executive to pay attention to the emerging revolutionary technology to little avail.
Although the comparison between the Internet and bitcoin is not new, Casares regurgitates it convincingly, drawing on his own personal experience:
"Bitcoin is exactly the same thing, but for money. It moves money from anywhere to anywhere, in real-time, for free and no one controls it and no one can stop it." Read More