The Future of Bitcoin Banking with Eric Yakes SLP553
01:08:04 Share

Eric Yakes, author of The 7th Property, joins me to talk about the future of Bitcoin Banking, LN and ecash. We discuss:

• Chaumian mints and ecash

• Interaction with LN

• Credit markets in the future

• How does the system remain Full Reserve? 

• Regulatory roadblocks

• Will there be a role for passive index funds?

Links:

• X: @ericyakes) 

• axiombtc.capital/bank )

• Site: Y)akes.io)

Sponsors:

• Swan.com) (code LIVERA)

• CoinKite.com) (code LIVERA)

• Mempool.space)

Stephan Livera links:

• Follow me on X: @stephanlivera)

• Subscribe to the podcast)

• Subscribe to Substack)

Timestamps:

• 00:00 - Introduction

• 08:23 - Bitcoin Banking

• 13:57 - Chaumian Mints

• 19:10 - How Do Chaumian Mints Work

• 24:04 - Use Cases for FediMints and CashewMints

• 31:09 - Coinkite.com

• 32:24 - Mempool.space

• 33:13 - Swan.com

• 35:08 - Bitcoin's Evolution and Adoption

• 38:20 - Regulatory Roadblocks for Commercial Mints

• 40:31 - Mitigating Risk of Token Debasement

• 46:59 - Fractional Reserve Banking and Trust

• 56:45 - Passive Index Funds and Stock Indexes

• 01:01:56 - Accounting Valuation and Global Wealth

• 01:06:02 - Closing Thoughts on Banks Without Bankers