From The Aviation Principle That Built A Unicorn - with Daniel Vogel (Bitso) · · The J Curve Podcast
“I believe Bitcoin is better money. I hold Bitcoin personally, and a company building in that space should be congruent — that's why we chose to hold crypto on Bitso's balance sheet to both signal conviction and participate in the industry's growth.”
On , Daniel Vogel, Managing Director at MIDCAP FINANCIAL INVSMT CORP, spoke about cryptocurrency during The Aviation Principle That Built A Unicorn - with Daniel Vogel (Bitso) on The J Curve Podcast.
Daniel Vogel, CEO of Bitso, has been active in promoting the adoption of stablecoins and digital assets in Latin America. In August 2025, he co-hosted the Stablecoin Conference 2025 in Mexico, which he said drew over 1,700 attendees, exceeding initial expectations. Vogel stated that more than 10% of remittances from the United States to Mexico now flow through stablecoins, up from zero three years ago, and described Bitso's goal as being a provider of infrastructure for digital assets and stablecoins that businesses can use for importing, exporting, or moving money. He also noted that while the "Genius Act" in the United States is providing regulatory clarity for stablecoins, such clarity is still needed in many parts of Latin America, and described Bitso as the only player in the region that can handle both the technology and regulatory aspects. In earlier appearances, Vogel has discussed the broader potential and challenges of cryptocurrency. In a 2024 talk at Web Summit Rio, he argued that traditional money is "broken" as a store of value, citing examples of financial crises in Argentina and Brazil where savers lost access to their funds. He stated that Bitcoin is "better money" and that Bitso holds crypto on its balance sheet to signal conviction. Vogel has also identified the three biggest challenges for the crypto industry as regulatory engagement, user experience, and consumer education. He has described the collapse of FTX as "unfortunate," saying it combined the worst aspects of traditional finance and crypto, and has advocated for cryptographic proofs of solvency to minimize the need for trust in custodians.