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Fortune
Fortune
Marco Quiroz-Gutierrez

Future of Finance: BitGo CEO Mike Belshe on the company's recent funding round and why crypto is an alternative to "bad money"

BitGo CEO Mike Belshe. (Credit: Courtesy of BitGo)

Welcome to Future of Finance, where Fortune asks prominent people at major companies about their jobs, how their firm fits into the crypto ecosystem, and what it all means for how we use money.

Before venturing into crypto, BitGo CEO Mike Belshe helped revolutionize technology with his work at Netscape and later at Bitcoin in Argentina is the highest it's ever been. There's so much demand for it because their main currency is imploding—it’s not the first time that Argentina has seen this movie. It's happened three times over now. Maybe one last thing, just to really frame the importance of finance: It's been one of the last industries to really be breached by software. But it’s clearly the most important. You're working right now, I'm working right now, and we are spending our days in the pursuit of money. It's important to us, for our families, for our housing, for our food. When you have bad money, which most of the world has, you can lose your life savings due to nothing, no fault of your own. So software is coming to change all of that. I've been doing this for 10 years now. I think it's going to take a little bit longer. But, hopefully, when you ask me at the end of my career, maybe in another 10 years or so, we'll be able to say "Yeah, that was worth spending time on."

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