The Blockchain Advisor ™

24. A Digital Economy in a Box. Eric Gravengaard of Athena Bitcoin International discusses the companies bundled Bitcoin service named Ruru


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CEO and co-founder Eric Gravengaard of Athena Bitcoin International discusses their new bundled Bitcoin service named Ruru. Eric says "...we’ve ended up with this great product. It's a Digital Economy in a Box. We've bundled an ATM, Point of Sale technology & a user friendly Bitcoin wallet which holds two of the best currencies in the world; the US Dollar & Bitcoin".


Before Athena installed 200 Chivo ATM machines 30% of the population of El Salvador over the age of 15 held a bank account. Now three months later, 4 million Chivo accounts have been opened in a country with 6 million people. Bitcoin is a fintech revolution because 20 years after the introduction of PayPal a citizen of El Salvador still cannot link it to their bank account. Eric believes fintech has failed Latin America. Bitcoin fixes that. 

A Digital Economy in a Box. Eric Gravengaard of Athena Bitcoin International discusses the companies bundled Bitcoin service named Ruru

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In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview floor traders and brokers from Chicago Board Options Exchange. The start of the bull market in 1982 was a special moment in time we shared on the trading floor! The Crash of 1987 is an event that left an indelible mark on our psyche and taught us the meaning of tail risk as opening rotation volatility of options exceed 300%.

In this time of high speed algorithmic trading, we can't forget the stories and  experiences of those who were the founding members of today's derivative market.

In our Closing Rotation series we interview and pay tribute to those people who risked personal capital and created today’s modern derivatives market.

Early members at the CBOE are passing away and we want to capture these memories. Closing rotation refers to the days on expiration Friday when a series of options were retired and the prices settled for the last time.

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The Blockchain Advisor ™By The Blockchain Advisor ™