Ep 96: Being Mr Stingy | Aaron Tang (Blogger&Country Manager of Malaysia's First Regulated Crypto Exchange) - a podcast by Ling Yah

from 2023-12-13T20:10:48.700523

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Aaron Tang is a popular Malaysian blogger known as Mr Stingy (on personal finance & career), and the Country Manager of Luno - Malaysia’s first regulated cryptocurrency exchange.

In many ways, Aaron’s career has been dictated by his “maximizer personality” & desire to make the greatest use of the resources he had. 

This has resulted in some pretty ingenious moves, including a use of multiple credit card schemes to pay off his RM58k student debt at the start of his career!

In this episode, we explore Aaron’s journey from a high flying oil & gas career to the world of social entrepreneurship (he took a 50% pay cut!), why he started the Mr Stingy blog and how that landed him a job in the crypto world as the current Country Manager of Luno. 

And of course, all things crypto/NFTs/DAOs!


Highlights:

  • 3:06 Maximiser personality
  • 6:51 Being a Petronas scholar & breaking his bond
  • 9:18 Paying off his remaining RM58k student debt with credit cards (p/s: not financial advice!)
  • 12:46 Making a contrarian move in his career
  • 17:15 Tendering at a bad time
  • 19:04 Taking a 50% pay cut
  • 24:21 Maximising profits v helping the greatest number of people
  • 25:20 Feedback loops
  • 25:50 Starting the Mr Stingy blog
  • 34:46 How Aaron started writing for the Huffington Post
  • 35:46 How blogging got Aaron a job in the crypto space
  • 36:54 Discovering bitcoin
  • 38:05 Putting skin in the game
  • 41:47 HODL & toxic positivity
  • 42:43 Going through a baptism of fire as Employee #1
  • 43:44 Becoming the Country Manager of Luno 
  • 45:06 Being a regulated digital asset exchange
  • 47:35 What regulators are most concerned about
  • 48:55 El Salvador
  • 49:42 Anti-money laundering concerns
  • 53:50 Algorithmic stablecoins
  • 54:35 Why Luna crashed
  • 58:31 Are play-to-earn games all about insider trading?
  • 1:00:14 Eating humble pie
  • 1:01:44 Big idea that Aaron has changed his mind on
  • 1:05:34 Underdogs
  • 1:06:48 DAOs


📍Show notes: www.sothisismywhy.com/96 

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