In a world of NPCs and centralized control, the most radical thing that you can do is to reclaim your own agency. In this episode, I'm joined by Eric Yakes, Bitcoin VC and the author of the seventh property. We move past number go up and discuss the monetary revolution that Bitcoin brings. We explore how immutability is the only thing that can fix our corrupted relationship with value and why Bitcoin AI and personal hardware are merging to create a world where you no longer have to trade your freedom for co ...

Hello everybody. Welcome to the Tuesday live stream. So a lot of things to go over. So let's just jump right into it. So first of all, Davos is going on. If you don't know what Davos is, it's a it's put on by the World Economic Forum and it pretty much contributes or collaborates the public and private sector to figure out what is going wrong with the economic status of the world and how those guys and gals fix it. And uh if you don't know, this was actually created by Claus Schwab, like a famous one that u ...

Banking System Analysis - Fractional reserve banking is highly leveraged and politically protected [1] - Banks are now distribution extensions of the central bank, not independent risk intermediaries [1] - The sovereign balance sheet, not the commercial one, represents the real capital structure [1] Decentralized vs Centralized Systems - Stablecoins and private credit funds are market-native instruments that clear through collateral [2] - Decentralized collateral systems absorb volatility [2] - Centralized credit systems outsource volatility to the taxpayer [2] Risk and Loss - Losses are transparent when stablecoins and private credit funds fail [2] - Bank failures result in socialized losses [2]