#473: Banks Without Bankers with Eric Yakes

TFTC: A Bitcoin Podcast · Jan 12, 2024 · 1h 26m

Marty sits down with Eric Yakes to discuss his piece written for Axiom, federated mints, and the newly approved Bitcoin ETF.

Eric on Twitter: https://twitter.com/ericyakes

Axiom article: https://www.axiombtc.capital/banks

Eric's book: https://yakes.io/book/

0:00 - Intro

6:40 - Can we really have banks without bankers?

12:44 - Tradeoffs

16:10 - Fedimints

23:48 - Federated model cost/benefit

35:23 - Implementing incentives

42:08 - Fedi in the future

45:53 - Speculating on possibilities

51:35 - Mint distribution and crossing chasms

59:23 - Ark

1:07:57 - Spoiling final thoughts

1:11:31 -…