Ben McKenzie

No, it really isn't.

And the remittance thing didn't come to fruition either to finish that.

The government's own figures said less than 2% of people were using it to send money overseas.

It's not less than 1%.

It's a failure.

The government has actually abandoned the whole crypto project to get a loan from the IMF.

They basically had to say like, no, we're not actually even doing the Bitcoin thing anymore.

The takeaway for me is, A, it's very sad that this whole community is displaced.

There's also a funny aspect.

The only person who was living in Bitcoin City was this gringo named Corbin.

This white dude from Illinois who works construction just moved down there.

Wanted to be the first citizen of?

Bitcoin City.

This imaginary city living in a cinder block house on the beach.

And it was interesting to talk to him because I asked him how much Bitcoin he had.

He didn't want to tell me.

I respect that.

But I was like, clearly it was important to him.

It was a meaningful amount of money.

Otherwise, why would he have done this incredibly drastic thing?