Eric Yakes, venture capitalist at Epoch Ventures, joins us to talk about Bitcoin's path from digital gold to banking system integration. We dive deep into his 130-page report on Bitcoin banking, stablecoin dynamics as Trojan horses for Bitcoin adoption, and why he believes we're heading toward a hybrid financial system that bridges traditional finance with crypto innovation.

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NOTES:
• Bitcoin lending market could 4x from 50 to 200 basis points
• Trading volumes may increase 17x in next 5 years
• Tether holds about 5% of reserves in Bitcoin
• Bitcoin could reach $100 trillion market cap
• SAB 121 repeal opens banks to crypto custody
• 32,000 pounds lost in Scottish free banking century

Timestamps:
00:00 Start
00:41 Eric's background
11:27 Bitcoin Venture Funding
15:51 Medium of exchange
22:20 Reducing the monetary premium in other assets?
26:03 Bitcoin Banking
31:34 Bitcoin Bank Integration Model
35:45 Stablecoins
38:11 Disrupting Banking
47:57 Ellipsis Labs
48:57 Stablecoin Yield as Staking
51:49 Stablecoins: Winner take all?
53:32 Dollar Derivatives
56:32 Stablecoins vs Bitcoin
1:06:22 Money Velocity
1:14:56 Build on Bitcoin
1:24:44 Gaming
1:28:47 Predicyions

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