The Pomp Podcast #1490 David Tse | How To Safely Get Yield On Your Bitcoin
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Feb 20, 2025 
David Tse, Co-founder of Babylon Protocol and a genomics expert, discusses the future of Bitcoin by introducing a third use case: secure staking. He explains Bitcoin's evolution as both a payment system and a store of value. The conversation delves into the trust in code versus traditional institutions and the mechanics of Bitcoin's staking process. Tse emphasizes the importance of user safety and innovative protocols, while exploring Bitcoin's role in the evolving financial landscape, including its potential integration within Web3.
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Why Bitcoin?
- David Tse chose Bitcoin due to its potential as a new infrastructure for decentralization and permissionless interaction.
- He sees it as the next frontier beyond communication, similar to the rise of cell phones.
Bitcoin Use Cases
- Bitcoin has two native use cases: a decentralized payment system and a store of value.
- A third use case, Bitcoin staking, leverages Bitcoin's value for trustless security on other blockchains.
Trust in Code
- Anthony Pompliano suggests that trust in institutions and humans is decreasing, while trust in code is increasing.
- David Tse agrees, linking this trend to Satoshi Nakamoto's vision for Bitcoin.