Parker Lewis
speaker
599 appearances
1 recordings
1 series
first heard Jul 2026
last heard 17 Jul
Parker Lewis’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
That's like the fundamental aspect of Bitcoin.
Then when it comes to, well, yeah, there are going to be people who want to put Bitcoin sitting in a stable coin wrapper and say that you have to use this, or they might even just think it's a good idea, that it's a good way to scale, that there will be that inclination.
Tether's already started to buy Bitcoin.
They'll probably allocate more to Bitcoin over time.
But to a holder, the economic incentives dictate even if you are going to use a custodian – this isn't about purity.
It's about pragmatism – that if you are going to use a custodian or not, that if you are going to use a custodian –
And somebody was like, hey, you're going to deposit your Bitcoin to my bank or my bank like entity.
And I'm going to give you a note back in that's denominated in some other money, not Bitcoin.
you'd be like, well, why do you need to do that?
Why don't you just denominate it in Bitcoin, denominate your liability to me, your obligation to me, or more likely the incentives will dictate, hey, this is not a deposit.
This is a bailment arrangement.
Like you can't,
Legally, you can't take my money and give it to somebody else.
But in either of those two scenarios, the bailment arrangement or the deposit arrangement, the economic incentive would dictate, just make it denominated in the currency that I'm giving you.
not some other currency for which you're the issuer of that has a different denomination.
And if one bank wants to do that, another bank is going to follow the economic incentive and say, well, whether it's a different bank or a different jurisdiction, they would say, I'll let you...
You know, I'll denominate my liability to you in Bitcoin rather than some currency I just made up and said that, you know, my currency is convertible to you at, you know, 10 to 1 or like 20 to 1, which was like dollars to gold, at least around 1920 or 1930.
So you basically would have to make up some new currency supply.
Or even if you were issuing it one-to-one, like imagine like a tether to dollar, if you were to do that with Bitcoin, if it wasn't actually in Bitcoin, but was in, you know, BTC tether, it's not Bitcoin, you know?
Like your liability to me would be the currency and the gravitational force of the economic incentive would just be like, well, it's all the same to you.
Showing 421–440 of 599 · page 22 of 30
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