Bitcoin Marginalism with Eric Yakes

Eric Yakes is the Managing Partner at Epoch and the Author of The 7th Property: Bitcoin and the Monetary Revolution. In this interview, we discuss the economic theory of marginalism, how this translates to Bitcoin, Bitcoin adoption cycles and the challenges of investing in Bitcoin companies.

“Once the majority of the world owns Bitcoin as store of value then the fundamental monetary property of acceptability is going to be very easy to achieve, and then all of a sudden medium of exchange is going to start happening overnight.”
— Eric Yakes

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/bitcoin-marginalism

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TIMESTAMPS:
00:00:00 Introduction
00:07:15 Marginalism & value theory
00:19:10 Bitcoin marginalism & action
00:26:46 Framework for value
00:35:34 Adoption & subtle onramps
00:43:33 Adoption vs capital allocation

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