The Future of Bitcoin Banking with Eric Yakes SLP553
Stephan Livera Podcast
Transition to Austrian Economics and Evolution of Digital Banking
The chapter explores the speaker's shift from traditional financial teachings to Austrian economics, reflecting on encounters with professors and influences like Milton Friedman. It delves into the historical concept of Bitcoin-backed banks, the role of nodes in ensuring currency legitimacy, and the evolution of money into digital forms. The conversation also covers the concept of e-cash, federated mints, Lightning gateways, and the potential uses of e-cash within the Bitcoin ecosystem.
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