Will Bitcoin End Central Banking? with Eric Yakes - WBD462

Location: Los Angeles
Date: Wednesday 2nd February
Company: Independent
Role: Author


The Bitcoin rabbit hole is a confusing, perplexing, and
thoroughly exhilarating experience. It involves the dissolving of
previous certainties and the discovery of a labyrinthine mass of
revolutionary knowledge. It is a life-changing experience.


This journey necessitates one to consider profound and
fundamental concepts that society has almost uniformly forgotten
to question: what is the purpose of money, what is the best
money, who decides this for us, what is money backed by? The
process is like an awakening from a long and childish dream. The
result is a realisation that the status quo should and can be
changed.


Bitcoin is now ubiquitous; it is easy to forget that it is a
nascent and rapidly evolving technology. Despite there being a
growing library of valuable information by an illustrious
collection of authors, those new to the subject often feel
swamped. Particularly as there are factions within the community
with sometimes conflicting views and opinions.


That is why it is valuable to have material written by people who
have been on that journey of discovery, those who have had to
unravel the twisted knot of diverse subjects that underpin
Bitcoin: computer science, cryptography, economics, finance,
banking, philosophy, civics, geopolitics, law. And perhaps most
vitally, those able to provide a neutral position on Bitcoin.


In this interview, I talk to Eric Yakes, author of The 7th
Property. We discuss the genesis of the book, the Federal
Reserve, the role of libertarianism in our future, and the
foundational and unique strengths of Bitcoin.