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TFTC: A Bitcoin Podcast

#553: Preparing For A Dual-Currency Era with Alex Leishman

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 6 November 2024

⏱️ 66 minutes

🧾️ Download transcript

Summary

Marty sits down with Alex Leishman to discuss River's new offering of bitcoin interest on cash.


Alex on Twitter: https://x.com/Leishman



0:00 - Intro

1:29 - Mechanics and implications of bitcoin interest

10:27 - Unchained & Coinkite

12:21 - The road to River as a primary bank

19:27 - Effectiveness of Trump and private spending

32:35 - Zaprite & SOTE

34:08 - Learning from River’s users

38:30 - Proof of reserves

40:56 - Shareholder influence and activist investors

51:39 - Preparing for the bull

56:57 - Adoption time frame for innovations

1:03:01 -Will bitcoin help us skip Mandibles?

Shoutout to our sponsors:


Unchained

https://unchained.com/concierge/

Coinkite

https://coinkite.com/

Zaprite

https://zaprite.com/tftc

Salt of the Earth

https://drinksote.com/tftc



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Transcript

Click on a timestamp to play from that location

0:00.0

We have something coming in, let's say, a month or two.

0:03.4

It's going to be like the new standard, I think, for making a Bitcoin or crypto app secure.

0:08.9

That's Alex Leishman, CEO of River Financial, revealing a game-changing security feature that could reshape Bitcoin custody.

0:16.5

But that's not all River is changing.

0:18.3

The interest from your dollars in River now earn a high-yield interest rate 3.8%.

0:22.3

And you accrue the Bitcoin daily.

0:24.1

Everyone else is just keeping all of the interest.

0:26.3

We're giving it back to our clients.

0:28.2

Today, Alex challenges popular Bitcoin narratives and shares insights on River's explosive growth.

0:34.1

He also explains what Microsoft shareholders need to acquire Bitcoin and tells us a controversial opinion about the US dollar.

0:40.3

I genuinely believe that we're moving towards a dual currency era.

0:43.3

And just when you think you understand where Bitcoin payments are heading,

0:46.3

I mean, look, actually this is going to sound really heretical.

0:50.3

This is a conversation you don't want to miss. You've had a dynamic where money has become freer than free.

1:03.0

If you talk about a Fed just gone nuts, all the central banks going nuts.

1:09.0

So it's all acting like safe haven.

1:16.2

I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.

1:18.0

In the world of fiat currencies, Bitcoin is the victor.

1:21.9

I mean, that's part of the bold case for Bitcoin.

1:24.6

If you're not paying attention, you probably should be.

1:28.9

Sitting down with Alex Aleksman, Alex, welcome back to the show, sir. Hey, thanks for having me on.

1:34.5

It's great to be back. It's great to have you back. It's been a big week for you. It has.

...

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