Mexico Just Woke Up to Bitcoin | Gustavo Flores

<p>Mexicans watched their banks get nationalized, their deposits frozen and the peso lose half its value overnight, so they keep their wealth in bricks. Liam sits down with Gustavo Flores Echaiz, co-founder and CEO of Aureo, on why the country&#39;s wealthy are now turning to Bitcoin.</p><p><br></p><p>Guest: Gustavo Flores Echaiz, co-founder and CEO of Aureo and writer for Bitcoin Optech:</p><p>X: https://x.com/gustavojfe</p><p>Website: https://www.aureobitcoin.com/es</p><p><br></p><p>BOOK A CONSULTATION</p><p>Holding Bitcoin for decades raises two questions: who protects it, and how it reaches your family. Onramp answers both. Three institutions protect it, and no single one can lose it, move it, or use it. Inheritance built in. Insured through Lloyd&#39;s of London. Speak with our team to see if it fits.</p><p>👉 https://go.onrampbitcoin.com/consult-fs-pod</p><p><br></p><p>GET ON THE LIST</p><p>• Onramp: our research, event invites, and the week&#39;s Bitcoin news in one free email. https://go.onrampbitcoin.com/research-fs-pod</p><p>• Early Riders Insights: the best content in the ecosystem, weekly. https://www.earlyriders.com/research</p><p><br></p><p>ABOUT THIS EPISODE</p><p>Gustavo Flores Echaiz explains why about 90% of Mexican household wealth sits in physical assets: bank nationalization in 1982, a 1,000 to 1 currency reset, and the 1994 peso collapse that froze deposits taught a generation to trust real estate over banks. He argues that a concentration of political power, including a judicial overhaul that put every judge up for election, is now pushing wealthier Mexicans toward an asset no government controls. He covers why Banxico bars banks from offering crypto, how stablecoins may force a change, and what Aureo has built since its March 2026 launch, from Bitcoin to bank transfers in seconds to business accounts with multi-user access. Liam and Gustavo also discuss why AI has Bitcoin developers fixing bugs instead of building features, and La Casa de Satoshi in Mexico City.</p><p><br></p><p>CHAPTERS</p><p>00:00 - Intro: Gustavo Flores Echaiz returns</p><p>03:17 - Bitcoin Optech: security fixes replace new features</p><p>07:33 - Lightning bugs and the end of security by obscurity</p><p>11:34 - Gustavo&#39;s path: Montreal, Bull Bitcoin, Wasabi and Aureo</p><p>14:12 - Why 90% of Mexican household wealth sits in physical assets</p><p>16:59 - Bank nationalization, the 1994 peso crisis and a fintech boom</p><p>21:43 - Mexico&#39;s wealthy, concentra