Phil Dettwiler is Head of Custody Storage & Transaction Banking at SEBA Bank AG, the first crypto bank that was granted a banking license in Switzerland. Being a banker all of his life, he sees the investment opportunity in bitcoin and likes the possibility of independent banking. Phil also answers the question: Why do we need banks in Bitcoin?
SEBA Bank AG enables professional and institutional clients to invest, safely keep, trade and borrow against traditional and digital assets, as well as issue tokens, in one place.
We talk about:
The banking license for SEBA
Bitcoin as investment opportunity
The possibility of independent banking
Why a bank in bitcoin? Blockchain Trilemma
How a bank handles crypto custody
Latency and security
The future of banking
Central Bank Digital Currency and traditional banking
Volatility and liquidity
Developing their own wallet solutions
Deposit protection and insurance market
Tokenization, Asset Tokens and the insurance market
Thank you to my sponsors:
Card Wallet - the safest cold storage solution. No software needed. Order now and get 20% off! (time-limited) https://www.cardwallet.com/anita
---------- and ----------
Check out the LTB Network https://letstalkbitcoin.com/
Other relevant episodes:
BUC Live: The Fight Against Money Laundering with Cryptocurrencies
Juraj Bednar: Using Bitcoin Is like a Filter for People with an Open Mind
Richard Myers: About Bitcoin Without Internet and the Importance of Financial Freedom
Smuggler: A deep dive into technology, democracy, privacy, anonymity, nation states, politicial power, cryptoanarchy and it’s relation to bitcoin
Max Hillebrand: busting FUD about the Lightning Network
Jan Čapek and Pavel Moravec Founders of Braiins operating Slush pool "Bitcoin is a big social change in the world."
Subscribe to Anita's mailing list: https://anitaposch.com/newsletter/
Donate: Do you like what you hear? If yes, then please support my podcast. Every donation is used to produce episodes, finance travel costs and make the show better.