What Bitcoin Did with Peter McCormack

Bitcoin v The Banks with Simon Dixon & Bill Barhydt

04.14.2021 - By Peter McCormackPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

“I’m truly blessed to be able to be involved in the disruption of the entire financial system one product at a time, until eventually Peter can just say Fuck the Banks.”

— Simon DixonLocation: Remotely

Date: Tuesday 13th April

Company: BankToTheFuture, Abra

Role: Co-Founder, CEOThe banking system is a regulated Ponzi scheme driven by leverage and debt with onerous rules and powerful gatekeepers. When you are in the system, you are a slave to it, and worse still, the banks can freeze your payments and shut down your accounts.Simon Dixon envisions a future where we aren’t beholden to deputized authoritarian institutions to move and store our money; he thinks we can achieve it by plugging decentralized and centralized systems together. And Bill Barhydt is helping build that future.While Bitcoin is a savings based economy that may help rid us from a world drowning in debt, there are still questions about how people with one foot in the old system, and another foot in the future, will make the transition while maintaining their privacy. While many promising solutions are in development, it’s not clear exactly how we will be borrowing, transacting, and securing our wealth.In this interview, I talk to Simon Dixon, the Co-Founder of BankToTheFuture and Abra CEO Bill Barhydt. We discuss the legacy banking system, the fight for privacy, and the future of banking in a bitcoin world. This episode’s sponsors:

Gemini - Buy Bitcoin instantly

BlockFi - The future of Bitcoin financial services

Sportsbet.io - Online sportsbook & casino that accepts Bitcoin

Casa - The leading provider of Bitcoin multisig key security.

Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.

Ledger - State of the art Bitcoin hardware wallet

-----WBD334 - Show Notes

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

Become a Patron and get access to shows early or help contribute

Make a tip:

Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S

QR Codes: Bitcoin

If you do send a tip then please email me so that I can say thank you

Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

More episodes from What Bitcoin Did with Peter McCormack