Stablecoins & Bitcoin with VALR’s COO Gianluca Sacco
In the 5th episode of VALR Unfiltered: Money, Meaning & Society, hosted by Ben Caselin, VALR’s CMO, an engaging conversation unfolds with Gianluca Sacco, VALR’s COO. The discussion explores stablecoins, Bitcoin, and the philosophical underpinnings of money and human values, offering insights into the growing crypto landscape.
The episode begins with a critical examination of stablecoins, particularly their role as tokenized US dollars. Gianluca highlights their significance in enabling fast, low-cost cross-border transactions and protecting against local currency inflation, especially in regions like South Africa and Southeast Asia. However, both express concerns about potential government overreach and the risk of stablecoins becoming a permissioned system, akin to a controlled SWIFT network, which could undermine the freedom crypto promises.
The conversation shifts to Bitcoin as a potential global reserve asset, emphasizing its role as a hedge against inflation and unchecked fiat money printing. Gianluca envisions a future where Bitcoin’s scarcity and non-sovereign nature make it a cornerstone of a new financial system, possibly resembling a modern gold standard. This leads to a broader discussion on human nature and the search for enduring value. Ben and Gianluca reflect on beauty, wisdom, and freedom as universal human pursuits, with Bitcoin symbolizing a quest for lasting financial sovereignty.
Addressing the crypto industry’s trajectory, Gianluca advocates for its youthful, experimental spirit, where innovation thrives despite occasional frivolity. He believes VALR’s endurance lies in its commitment to serving customers with integrity, focusing on genuine service over flashy trends. The episode concludes with a shared belief that intention—whether in personal values or business practices—is what truly endures, positioning VALR to adapt and thrive in a maturing, globally inclusive financial system.
Risk Disclosure
Trading or investing in crypto assets is risky and may result in the loss of capital as the value may fluctuate.
VALR (Pty) Ltd is a licensed financial services provider (FSP #53308).
Disclaimer: Views expressed in this article are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.
