Manuel Blanco is the Founder of Gaugecash. He has 18 years of experience in Finance and is a Fund Manager for WhiteAppleby. He will be speaking at the upcoming World Blockchain Summit in Dubai.
The CoinQuora team asked Manuel questions to help us get to know him, what they do at Gaugecash, and to tell us some things about his perspectives on the blockchain and crypto industry. Without further ado, here’s the interview.
1. Please give us an introduction of yourself. What’s your background?
I was born in San Luis Potosí, México. I was fortunate enough to be at the top of my class and got scholarships to study at the best private universities in Mexico. I decided to go for a bachelor’s degree in Physics. Just wanted to understand how the world works at its fundamental level.
Curiosity has been part of my nature and till this day I am very passionate about Theoretical Physics. There are many other areas of knowledge that I love as well, Behavioral Economics, Finance, Math, Neuroscience, Politics, Wealth Creation, and so on.
I have made my career in Finance all the way since college, I made a partnership with ACM Markets in Switzerland, I became a Money Manager for a decade, later the company was bought by Swissquote Bank.
After I set up another company, I didn’t like it too much so I gave it to a friend. Afterward, I was invited to a very successful educational start-up in Mexico. McGraw Hill wanted to buy 25% of it. I got in charge of all the Negotiations with them, VCs, and other Private Investors, and in the end, the company was sold to the Mexican Ministry of Education.
Since 2013 all the way to 2017 I wanted to own a Brokerage Financial Firm, for different reasons was not possible.
2. How did you get into cryptocurrency? What’s your motivation?
In 2018 I set up myself with the goal to build the largest Private Equity Fund in the History of Latam using blockchain technology. The motivation was and still is to bring thousands of small investors to the professional world of wealth creation.
3. How did you start with your current company? Could you tell us about the business?
Sure, while building the architecture for the Fund on a Turing Complete Blockchain, let’s use Ethereum as an example, if you are not invested in the economic ledger, in this case, ETH, then you need to hedge the volatility of the asset with a liquidity provider.
The other option was to use one of the so-called, “stable coins”, but we didn’t like their proposals, in all fairness, most of them, they have nothing to do with the amazing disruption of what blockchain technology represents and the unbelievable breakthroughs of Bitcoin as the “First peer to peer electronic cash system” that was successfully implemented, solving the “The Byzantine Generals Problem”, using a well-tuned symphony of Game Theory, Cryptography and Computer Science.
Ethereum in its own right, becoming the First Decentralized Computer. So we thought if we could solve the volatility problem of Decentralized Assets with Decentralized Ideas, we would be on the path, not just to solve the volatility problem for our architecture but giving birth to “The First Decentralized Monetary in the World”.
4. What would you say is the unique selling point of your company? What makes it different from other blockchains/crypto businesses?
For selling point, I would say that it can be one of the most profitable ventures in Finance history because for the first time we can compete with EUR/USD Market in a Decentralized Fashion, and well. EUR/USD is one of the largest markets in the world by far. On the other hand, we would bring a much-needed service to millions of people that still lose their wealth because of political issues.
What makes us different from other projects is pretty much everything, we haven’t heard anyone stating, like us, that within the Crypto Space we want to take Tether’s Volume down and bring it to GAUGECASH, and out of it, to compete as a Decentralized Monetary System against major fiat currencies.
By the way, everyone can check the historical behavior of GAUGECASH all the way to 2002 when the EURO was released at https://charts.gaugecash.com/and see that we are more stable than any other major currency including Gold and Silver. It’s pretty cool.
5. What do you personally think about current crypto market trends?
This is a hard one for me, depends on what trend, but in general, NFTs, DeFi, Scalability, Consensus Mechanisms, Parashoot, Dex, Roll-Ups, AI, and many other incredible tech pushing the boundaries of distributed systems is great news for many small investors around the world that can benefit from the growth of the whole ecosystem.
6. Please share your thoughts on the future of Blockchain technology and Fintech evolution.
This one is pretty easy, there is no way back. I just wish the best ideas win, history has shown, this is not always the case, but it has unconceivable potential for making profound transformations in efficiency in many processes today that seem still coming from the age of the Roman Empire.
7. Do you have anything specific to share about your project?
Of course, go and buy the presale at our website www.gaugecash.com, cause we believe it will be closed a couple of weeks after Dubai.
8. How does it feel to be a part of the Dubai Blockchain ecosystem by taking part in the 19th Edition of the World Blockchain Summit in Dubai on Oct 13-14?
We are pretty excited, not just for the event, but to see the reception of GAUGECASH in it.