Eric Yakes

Eric Yakes, an investor and Bitcoin-focused analyst, shares insights on the current state of Bitcoin. He argues that price is determined by fundamentals rather than cycles. Yakes explains the impact of marginal supply and demand, and how institutional groundwork precedes significant Bitcoin price shifts. He discusses the potential for nation-state adoption and why liquidity constraints hold back Bitcoin's growth. Additionally, he explores the looming threat of quantum computing and the importance of developing quantum-resistant technologies.

In this engaging discussion, Eric Yakes, managing partner at Epoch and author of "Bitcoin and the Monetary Revolution," dives deep into the evolution of Bitcoin. He shares his transformation from skeptic to advocate, emphasizing the vital role of venture capital in fostering Bitcoin's ecosystem. Yakes uses a tree analogy to explain investment strategies and highlights the need for infrastructure. The conversation also covers Bitcoin's dual role as a store of value and a medium of exchange, along with the impact of stablecoins on its future.