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Olá pessoal!
For this week’s episode I talk to Matthias Broner of Matter Labs (the team behind ZK Sync) and Mili Santamaria of the Crecimiento core team to discuss the Crecimiento movement, which aims to turn Argentina into a hub for crypto startups and talent.
Key Themes:
Argentina has a perfect storm for crypto adoption: economic instability, tech-savvy population and workforce, and a government that is open to transformative solutions
The Aleph Pop-Up City: A month-long event bringing together 2,500 builders, startups, regulators, and investors during the month of August. After this episode was recorded, it was announced that the Aleph City will be happening again in Buenos Aires in December
Regulatory efforts to create a favorable environment for crypto and tech startups, such as the creation of Special Economic Zones and regulatory sandboxes
The potential for Argentina to once again become a top global economy through the Crecimiento movement
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Matthias highlighted the real-world impact of projects being developed in Argentina, such as QuarkID on ZKsync for digital identity and Lemon's efforts to onboard millions of users to crypto. These initiatives demonstrate the potential for blockchain technology to solve pressing economic and social issues in the country.
Mili discussed the regulatory reform efforts that she has been leading, including work on a regulatory sandbox and a push to create a Special Economic Zone for crypto and tech. These initiatives aim to provide operating clarity and stability for businesses operating in the space, addressing key concerns such as taxation, labor laws, and access to funding.
Both guests expressed optimism about Argentina's potential to become a global leader in crypto innovation. While acknowledging the ambitious nature of the movement, they stressed the importance of fostering an environment that encourages local talent to build and stay in Argentina, rather than relocating to other countries.
As the Crecimiento movement gains momentum, it presents an exciting opportunity for the crypto community ggobally to engage with and support Argentina. By fostering innovation, addressing regulatory challenges, and leveraging the country's existing crypto adoption, Argentina could potentially transform its economy and become a leading force in the global crypto landscape.
You can connect with Mattias on X/Twitter and Linkedin, and Mili on Linkedin.
Also, if you want to learn more about Crecimiento, have a listen to this conversation I had with Diego Fernandez, Secretary of Digital Innovation for the city of Buenos Aires, back in July.
Have a great weekend everyone!
-AWS
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Episode #119: Inside Argentina's Aleph City and Crecimiento Movement with Matthias Broner and Mili Santamaria