Bitcoin v The Banks with Simon Dixon & Bill Barhydt

In this interview, I talk to Simon Dixon, the Co-Founder of BankToTheFuture and Abra CEO Bill Barhydt. We discuss the legacy banking system, the fight for privacy, and the future of banking in a bitcoin world.

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/bitcoin-v-the-banks

THIS EPISODE’S SPONSORS:
Gemini - https://www.gemini.com/
BlockFi - https://blockfi.com/?ref=f0fdce00
Sportsbet.io - https://sportsbet.io/?ref=wbd
Casa - https://keys.casa/?pk_campaign=wbd-yearly-sponsor&pk_medium=sponsorship&pk_source=what-bitcoin-did
Exodus - https://www.exodus.io/
Ledger - https://www.ledger.com/

TIMESTAMPS:
0:00 Introduction
0:21 Peter's Closed Accounts
1:54 Simon Dixon's Intro
5:34 Bill Barhydt's Vision
12:13 UK Banks
17:06 Operation Chokepoint
20:24 Fractional Reserve Banking
25:44 Suspicious Activity Reports
28:43 Fungibility
30:34 Altcoins as Testbeds
34:56 Layer One Privacy?
42:42 Money is Evolving
47:08 Crypto Banking Tech Stack
55:12 Debt vs. Collateralized Banking
1:01:39 All Fiat Monies Die
1:07:49 Your Personal Bitcoin Standard
WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr

LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/

SUPPORT THE SHOW:
→ https://www.whatbitcoindid.com/sponsorship/
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com

WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/

LEARN ABOUT BITCOIN & CRYPTO:
→ Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/

****

“I’m truly blessed to be able to be involved in the disruption of the entire financial system one product at a time, until eventually Peter can just say Fuck the Banks.”
— Simon Dixon

Location: Remotely
Date: Tuesday 13th April
Company: BankToTheFuture, Abra
Role: Co-Founder, CEO

The banking system is a regulated Ponzi scheme driven by leverage and debt with onerous rules and powerful gatekeepers. When you are in the system, you are a slave to it, and worse still, the banks can freeze your payments and shut down your accounts.

Simon Dixon envisions a future where we aren’t beholden to deputized authoritarian institutions to move and store our money; he thinks we can achieve it by plugging decentralized and centralized systems together. And Bill Barhydt is helping build that future.

While Bitcoin is a savings based economy that may help rid us from a world drowning in debt, there are still questions about how people with one foot in the old system, and another foot in the future, will make the transition while maintaining their privacy. While many promising solutions are in development, it’s not clear exactly how we will be borrowing, transacting, and securing our wealth.

In this interview, I talk to Simon Dixon, the Co-Founder of BankToTheFuture and Abra CEO Bill Barhydt. We discuss the legacy banking system, the fight for privacy, and the future of banking in a bitcoin world.

Видео Bitcoin v The Banks with Simon Dixon & Bill Barhydt канала What Bitcoin Did