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Mr Obnoxious

Bitcoin Marginalism with Eric Yakes - WBD847

Mr Obnoxious

Peter McCormack

Technology, News, Politics, Money, Investing, Finance, Bitcoin

4.82.7K Ratings

🗓️ 2 August 2024

⏱️ 60 minutes

🧾️ Download transcript

Summary

Eric Yakes is the Managing Partner at Epoch and the Author of The 7th Property: Bitcoin and the Monetary Revolution. In this interview, we discuss the economic theory of marginalism, how this translates to Bitcoin, Bitcoin adoption cycles and the challenges of investing in Bitcoin companies.

Show notes: https://www.whatbitcoindid.com/podcast/bitcoin-marginalism

This episode’s sponsors:

IREN - Bitcoin Mining. Done Sustainably.
Swan Bitcoin - Invest in Bitcoin with Swan
Ledger - State of the art Bitcoin hardware wallet
Bitcasino - The Future of Gaming is here
Casa - Take control of your digital wealth
CheatCode - Sydney, Australia Oct 25–26

Transcript

Click on a timestamp to play from that location

0:00.0

Once the majority of the world owns Bitcoin as a store of value,

0:07.0

then the fundamental monetary property of acceptability is going to be very easy to achieve

0:12.0

and then all of a sudden medium exchange just

0:13.6

going to start happening overnight. Hello there from Bedford, hope you are all

0:17.4

doing very well. Very excited here. Football season starts tomorrow. Real Bedford,

0:22.0

our very own

0:22.8

Bitcoin Football Club opens their campaign in the F-A

0:25.9

Cup against it nears.

0:27.0

If you're in and around Bedford, come down.

0:29.3

Come and watch, come and cheer the lads on.

0:31.5

Should be a good day.

0:32.6

Anyway, welcome to the What Bitcoin did podcast,

0:35.2

which is brought to you by the Legends at Iran, formerly known as Iris Energy.

0:38.4

Iran is using their next generation data centers to power the future of Bitcoin mining and AI using 100% renewable energy.

0:46.0

IRN remains the same business with the same goals now just with a different name.

0:50.0

I'm your host Peter McCormack and today we've got my buddy Eric Yakes back on the

0:54.5

podcast. Now Eric is launching his own investment firm EPOC and to go along with the

1:00.3

launch he released a paper called Bitcoin Marginalism. So in this

1:04.5

interview we get into the paper where it looks into the economic theory of

1:08.3

marginalism how that translates to Bitcoin the different adoption cycles and how he sees the industry evolving and how he

1:15.7

thinks it's important to invest in Bitcoin businesses and not just Bitcoin.

1:20.3

All right, hope you enjoy it, as ever. If you have any questions about this or anything else, please do hit me up, is hello, what Bitcoin did.com.

...

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