#Timdraper iProUP: How do you see the crypto ecosystem in Argentina and why did you decide to invest in the country?

Tim Draper: This is where it all began for me, in a way. When I met Sebastián Serrano (CEO of Ripio), we discussed Bitcoin (BTC) and he was very enthusiastic. I asked him, 'Why are you so enthusiastic?'. He replied, 'Because my family made a fortune three times and we lost it all due to the manipulation of the peso by various governments'.

'You know? Bitcoin is quite volatile,' I explained. To which he responded, 'It's nothing compared to the peso.' That was my window into the need to use BTC in countries whose currencies have been poorly manipulated by governments.

I am very excited that Javier Milei is the President of Argentina. His speech in Davos opened the world's eyes. I believe we are moving in the right direction.

Argentinian entrepreneurs have a lot of energy and a great understanding of the economy (laughs) due to the manipulation of their currency. When the economic system here stabilizes, ideally with a Bitcoin economy, Argentina will become the most valuable country in the world again.

It's just a matter of making BTC their currency or just jumping into Bitcoin and getting ahead of the rest. It's a huge opportunity for Argentina.

Local entrepreneurs, with the freedom to do what they want, will make this place take off.