Why a Shared Brazil-Argentina Currency is NGMI with Hashdex's João Marco Braga da Cunha

João Marco Braga da Cunha is a Brazilian economist and portfolio manager with Hashdex, Brazil's largest crypto asset manager. In this episode we discuss a proposal being propagated recently by Brazilian and Argentine leaders about creating a shared currency between the two countries as a way to stimulate trade and reduce dependence on the US dollar. The idea generated a lot of coverage within the crypto community, as even Coinbase CEO Brian Armstrong weighed in on Twitter suggesting that the countries should simply adopt bitcoin. João Marco explains the origin of this shared currency idea, why it might have actually worked in the 1990s when both countries had similar monetary policies, the likely political motivations behind the proposal and what role crypto or digital currency could play here.  Also take a look at this op-ed on the subject that João Marco wrote for CoinTelegraph  Please follow and subscribe to Brazil Crypto Report on Substack for more news, analysis and interviews examining the Brazil crypto ecosystem. Follow Brazil Crypto Report on Linkedin and Twitter