Episode notes
_*"We're entering the Bitcoin golden era with all the new technologies we're discovering because for the first decade Bitcoin was still very, at least for the first five, six years, there was so little capital in the industry that not a lot was getting built. Plus Bitcoin still had all these early on issues. Now we're getting to the moment where Bitcoin is extremely solid.*_
_*It's a trillion dollar industry, right, or a trillion dollar asset. So I think we're just entering the golden era."*_
_*~ Gustavo Flores*_
I sat down with Gustavo Flores, the CEO of Aureo, Mexico's Bitcoin platform, and this conversation went far beyond just building software. Gustavo actually left Canada for Mexico because of the intense COVID mandates. He recognized the red flags of government overreach early on and refused to stick around. But what he found in Mexico was a completely different beast.
We talked about the harsh realities of building a Bitcoin company in a low-trust society where people are conditioned to expect scams. And yet, Gustavo and his team are building some of the most impressive tools I have seen. They figured out a way to route local fiat directly to a self-custodial Lightning address, without even the need of a middleman to hold your keys. It just works.
We also talked about the heavy lifting required to run La Casa de Satoshi, a physical Bitcoin hub in Mexico City. It takes a severe amount of irrational optimism to be a founder in this space, but the effort is paying off. Plus, we got into the weeds on why Lightning development is actually moving faster than people think. If you assume the best era of Bitcoin development is already behind us, you need to hear this conversation.
*Chapters*
(00:00:00) - Intro to Gustavo and Aureo
(00:03:30) - Gustavo's Bitcoin journey and Aureo
(00:06:54) - Leaving Canada due to COVID policies
(00:15:51) - Bitcoin in Mexico and Latin America
(00:27:47) - Money, trust, and Mexican politics
(00:32:00) - Aureo's Direct to Wallet, Direct to Bank
(00:41:40) - Mexico's political landscape, trust
(00:53:07) - Building La Casa de Satoshi community
(01:06:14) - Lightning Network and Bitcoin scaling
(01:22:48) - Bitcoin's golden era and optimism
*Guest Links*
Gustavo on X (Link: https://twitter.com/gustavojfe)
Aureo on X (Link: https://twitter.com/aureobitcoin)
Aureo's Website (Link: https://www.aureobitcoin.com/en)
*Affiliate Links*
- Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)
- Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)
*Host Links*
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)
Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
_*It's a trillion dollar industry, right, or a trillion dollar asset. So I think we're just entering the golden era."*_
_*~ Gustavo Flores*_
I sat down with Gustavo Flores, the CEO of Aureo, Mexico's Bitcoin platform, and this conversation went far beyond just building software. Gustavo actually left Canada for Mexico because of the intense COVID mandates. He recognized the red flags of government overreach early on and refused to stick around. But what he found in Mexico was a completely different beast.
We talked about the harsh realities of building a Bitcoin company in a low-trust society where people are conditioned to expect scams. And yet, Gustavo and his team are building some of the most impressive tools I have seen. They figured out a way to route local fiat directly to a self-custodial Lightning address, without even the need of a middleman to hold your keys. It just works.
We also talked about the heavy lifting required to run La Casa de Satoshi, a physical Bitcoin hub in Mexico City. It takes a severe amount of irrational optimism to be a founder in this space, but the effort is paying off. Plus, we got into the weeds on why Lightning development is actually moving faster than people think. If you assume the best era of Bitcoin development is already behind us, you need to hear this conversation.
*Chapters*
(00:00:00) - Intro to Gustavo and Aureo
(00:03:30) - Gustavo's Bitcoin journey and Aureo
(00:06:54) - Leaving Canada due to COVID policies
(00:15:51) - Bitcoin in Mexico and Latin America
(00:27:47) - Money, trust, and Mexican politics
(00:32:00) - Aureo's Direct to Wallet, Direct to Bank
(00:41:40) - Mexico's political landscape, trust
(00:53:07) - Building La Casa de Satoshi community
(01:06:14) - Lightning Network and Bitcoin scaling
(01:22:48) - Bitcoin's golden era and optimism
*Guest Links*
Gustavo on X (Link: https://twitter.com/gustavojfe)
Aureo on X (Link: https://twitter.com/aureobitcoin)
Aureo's Website (Link: https://www.aureobitcoin.com/en)
*Affiliate Links*
- Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)
- Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)
*Host Links*
Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)
Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)
Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)
