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cover of episode #553: Preparing For A Dual-Currency Era with Alex Leishman

#553: Preparing For A Dual-Currency Era with Alex Leishman

2024/11/6
logo of podcast TFTC: A Bitcoin Podcast

TFTC: A Bitcoin Podcast

Chapters

River Financial introduces a new product offering bitcoin interest on cash deposits, converting daily interest into bitcoin and passing the yield back to clients.
  • River Financial pays 3.8% interest on cash deposits, converting it into bitcoin daily.
  • The product is FDIC insured and managed conservatively by a bank partner.
  • River aims to set a new standard for banking by giving interest back to clients.

Shownotes Transcript

Marty sits down with Alex Leishman to discuss River's new offering of bitcoin interest on cash.

Alex on Twitter: https://x.com/Leishman

0:00 - Intro

1:29 - Mechanics and implications of bitcoin interest

10:27 - Unchained & Coinkite

12:21 - The road to River as a primary bank

19:27 - Effectiveness of Trump and private spending

32:35 - Zaprite & SOTE

34:08 - Learning from River’s users

38:30 - Proof of reserves

40:56 - Shareholder influence and activist investors

51:39 - Preparing for the bull

56:57 - Adoption time frame for innovations

1:03:01 -Will bitcoin help us skip Mandibles?

Shoutout to our sponsors:

Unchained

https://unchained.com/concierge/

Coinkite

https://coinkite.com/

Zaprite

https://zaprite.com/tftc

Salt of the Earth

https://drinksote.com/tftc

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