Crypto Tax Payments and How Web3 Will Revolutionize Democracy with Buenos Aires Innovation Chief

This week we speak to the Secretary of innovation and digital transformation for the city of Buenos Aires Diego Fernandez.

In the news this week it was announced that all citizens of Buenos Aires will now be eligible to make tax payments via crypto, an initiative that Diego was front and center of.

So what does this mean for residents of the city and how will it work in practice?

The interview was recorded before Argentina’s central bank effectively banned banks from offering crypto in response to pressure from the IMF. While we did not discuss this issue, we did get into how a pro-crypto city can deal with a less friendly environment for the industry on a national level.

Timestamps:
0:00:00 Section 1 Taxes via crypto
0:04:25 Diego's intro to crypto in government
0:07:10 Was there general government interest in crypto
0:11:00 A pro crypto government?
0:14:19 Sponsor
0:14:41 Tempered positivity
0:18:51 Why is Argentina mass adopting?
0:24:59 How are they using crypto?
0:27:53 Sponsor
0:28:33 How many are users?
0:33:30 Digital identity
0:38:06 Sponsor
0:38:36 Leveraging and implementing
0:50:25 City coins
0:53:30 Sponsor
0:54:14 Governments vs Crypto
0:56:42 Is ‘liquid’ democracy viable?
0:58:03 Vision for Buenos Aires
1:03:29 How is Diego defiant?

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