Ep 39: Dmitrijus Borisenka
on what you should know about crypto and its future + tips for work-life balance & how to make time to do Ironmans while being a CEO
Dmitrijus Borisenka is the Co-Founder and CEO of Coingate - your gateway to all things crypto. Dmitrijus is a serial entrepreneur, a crypto enthusiast and also an endurance sports athlete.
In this episode we discuss the current crypto bull market, global crypto adoption as well as getting people and businesses into crypto. We also talk about the risks and opportunities in crypto, NFTs and coins to follow. Finally we cover business/life balance, boosting confidence through endurance sports and knowing your body and mind.
CLICK one of the links below to listen to the episode
The topics covered in this episode (with Timestamps)
π [02:20] INTRO, DMITRIJUSβ BUSINESS JOURNEY AND THE ORIGINS OF COINGATE
Be brave to suck at something new
First steps in entrepreneurship
First mistakes in business
Longevity and biohacking
Starting a crypto business in 2014
Crypto to become a top checkout method in 3-5 years
π [08:25] REASONS FOR THE CURRENT CRYPTO ALL TIME HIGH
Pandemic and global money printing
Bitcoin as digital gold & inflation hedge
π [10:10] - EXPERTβS ADVICE ON CRYPTO FOR BEGINNERS
Donβt do day trading
Focus on understanding the assets behind the coin
Play the long game
π [15:45] - WHY MERCHANTS ACCEPT CRYPTO
Ultimate value of crypto in disrupting cross-border payments
The promise of stable-coins in payments
Rise of other crypto currencies relative to bitcoin in eCommerce payments
What kind of businesses accept crypto payments
π [19:30] - CRYPTO TO BECOME TOP CHECKOUT METHOD IN 2-3 YEARS
Adoption of crypto between global fin-tech giants - Stripe, Paypal, Klarna
Money as the last undisrupted industry
Can crypto still be squashed by global governments? Too late
π [22:50] - ON GETTING PEOPLE AND BUSINESSES INTO CRYPTO
Challenging educational task
Spending patterns of crypto users
Benefits of accepting crypto for eCommerce
60% of merchants keep their income in crypto
π [28:00] - NFTβs AND 4 COINS TO FOLLOW
Altcoins that Dmitrijus follows
NFTβs
Metaverse
How easy it is to inflate value of tokens
π [32:30] - ON BUSINESS/LIFE BALANCE
Running (all endurance sports) as a boost of confidence as anyone can make progress
Running marathon in North Pole and North Korea
Keeping body and mind in shape through healthy routine in sports
Other methods of clearing mind through your body
Become great at business and then die anyway
Know your body
π [39:40] - HOW TO FIND TIME TO DO MORE
Meditate for 25 min per day and if you donβt have time - then mediate for 45 min per day
Keep your priorities straight
Proper stress management, sleep and nutrition
To reach out to Dmitrijus use:
Linkedin: https://www.linkedin.com/in/dmitrijus-borisenka-a3a170b7/
Website: https://coingate.com/
Support for this episode comes from Nexpay > https://paynexpay.com/
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The full interview with Dmitrijus is available NOW on Apple Podcasts, Spotify, and Google Podcasts