If it’s cryptocurrency-related, the boundary-pushing entrepreneur probably has a business in it
In the What Matters To Me series, a Generation T honouree describes what they do, why they do it, and why it matters.
John Bailon is cashing in on coin. As co-founder and CEO of Satoshi Citadel Industries, he’s behind a whole range of Philippine cryptocurrency-related businesses, including a digital payment service, a money remittance service, a social media incentives website, an Bitcoin orderbook exchange and a bill payment service. Here, Bailon describes his work in his own words.
It was back in 2013 when I first discovered Bitcoin. It was trading at around US$40 then, so I bought some. I read into its technicalities, and it became apparent that it was perfect for me—I was into tech, I’m a programmer and I’m really interested in finance. I met a number of people who were also interested in cryptocurrency, and together we decided to set up a company: Satoshi Citadel Industries (SCI). The idea of it—cryptocurrency—was very vague back then. We just thought that Bitcoin would either blow up and be huge or be small. Either way, we took the leap and built something out of it.