Banking on Bitcoin

Published on
September 8th, 2020
Duration
25 minutes


Banking on Bitcoin

The Expert View ·
Featuring Alexander Leishman

Published on: September 8th, 2020 • Duration: 25 minutes

Alexander Leishman, founder and CEO of River Financial, joins Real Vision to break down his venture, River.com, and his perspective on the crypto space. Leishman talks about the problems that River solves for investors as the first bitcoin financial institution. He explains the complex world of bitcoin banking services including the coming technical innovations, the diverse set of clientele crypto banking can serve, and the future adoption of crypto by the corporate world. Additionally, Leishman shares his thesis for the future of bitcoin itself, arguing that if bitcoin continues on its current trajectory, it could replace the US Dollar as the world reserve currency. Filmed August 25, 2020.

Comments

Transcript

  • DF
    David F.
    10 September 2020 @ 13:42
    The degree of negative feeling about this interview and about Bitcoin in particular is surprising . Altho I am a rookie, I learned something from this video. I liked it a lot in fact. What is it about Bitcoin that generates so much anger and contempt?
    • JD
      Jeffrey D.
      16 September 2020 @ 17:37
      People feel like they have missed the boat. Many get caught buying it in the speculative bubble phase. Maybe its the mass media campaign to de-legitimize and marginalize it. Bitcoin success comes at the detriment of gold, which I assume a large portion of RV audience is invested in. Many reasons people could have negative feelings for it.
  • NT
    Nicholas T.
    13 September 2020 @ 10:47
    Central banks adopting bitcoin is a stretch. They're working on digital currencies as we speak. How they will handle bitcoin is so hard to guess that it makes other investments far more attractive. FOMO drives bitcoin investment, but you won't miss out on the coming financial revolution unless you believe bitcoin is the revolution, which it is not.
  • AR
    Al R.
    8 September 2020 @ 15:03
    the quality of videos and guests has gone down, if this continues wont be renewing.
    • LF
      Liam F.
      9 September 2020 @ 06:41
      I'm of an exactly similar opinion.
    • TP
      Tillman P.
      13 September 2020 @ 01:05
      I am disappointed that Realvision allowed this advertisement. Hope they didn't get kickbacks, because I am looking for insight but this seems like a bit of a trap for Realvision customers.
  • SB
    Scott B.
    11 September 2020 @ 03:48
    Buy Bitcoin (BTC) then move it to a multi-sig cold storage solution. Sounds high tech and difficult? It’s not really, like everything else, it’s way more intimidating than it actually is. The rewards you’ll receive in return will far outweigh the upfront effort. Over the next 5 years you’ll hear more and more on RV why Bitcoin is a must have allocation. The adoption curve of Bitcoin might be faster or slower or both simultaneously given the context of the conversation than previous game-changing technologies. Bitcoin is here to stay, it is the present, and the future, and will provide humanity great value in ways not currently fully grasped let alone built and known, its that important. At some point Bitcoin will be the ultimate collateral, what is that worth?
  • SL
    Sean L.
    9 September 2020 @ 12:34
    This post is getting a lot of hate as an infomercial or something along those lines. There are companies who could have paid a lot more than River to get the chance to do this. The reason RV did this is because River is simply the best place to buy bitcoin and they wanted to share that with subs. With that being said, I noticed that this expert view and the expert view last week with Robert Breedlove both fell a bit flat. IMO RV should retire the format or keep it for very unique characters expressing a specific out-of-the-box trade idea along the lines of the Kuppy ep earlier this year. Huge missed opportunity for what could have been far more engaging and dynamic interviews with Alex and Robert who both have a lot of interesting things to say.
    • PK
      Philipp K.
      10 September 2020 @ 23:45
      agree. Whenever a company presents itself the content is boring and superficial. If we would actually learn a bit more from the interviews that would be ok, but this way it looks too much like a boring commercial.
  • BT
    Billy T.
    9 September 2020 @ 00:37
    Can you transfer BTC from River to a ledger wallet? Are there fees with that transfer?
    • DT
      David T.
      10 September 2020 @ 19:01
      Not directly and there always are fees.
  • Md
    Matthew d.
    9 September 2020 @ 23:36
    Still not sold on this to be honest - seems like River’s only value add is customer support for HNW clients... (and even so all they have to do is learn how to use a Ledger X)?
  • AP
    Alejandro P.
    9 September 2020 @ 16:12
    Building a bank to bank the future of money...with blockstream and the lighting network as your foundation...career suicide.
  • AB
    Alastair B.
    8 September 2020 @ 09:24
    I felt like I should have been paid in BAT for watching this. Seems like a good company for wealthy newbs, and so hopefully will help mass adoption
    • SL
      Sean L.
      9 September 2020 @ 12:28
      River is just as good for buying $500 - he got caught articulating what sets them apart from other places to purchase bitcoin and it sort of came out wrong.
  • TY
    Thomas Y.
    9 September 2020 @ 08:04
    I still do not understand the point of River as a company/service. Why not just buy on any exchange and send to your cold storage solution? What do you need River's higher fees for? FWIW, I messaged them asking this (twice) and have yet to hear a response. Pass.
  • PN
    Paco N.
    8 September 2020 @ 18:50
    Bitcoin (BTC) is it. It ruled the past 12 years and it will rule the coming 12. This being an infomercial or not changes nothing. It's the BTC age, those denying it are only hurting their own finances and taking huge risks. Don't bet against BTC.
    • AM
      Alexander M.
      8 September 2020 @ 20:49
      Bitcoin has a loooooong ways to go. Up or down, up and down,down and up. You pays your money, you takes your chance.I paid in for three years and cashed out last week. No regrets. Good luck.
    • LS
      Lewis S.
      9 September 2020 @ 03:22
      Can I wrap my digital art in bitcoin and sell limited edition jpegs for tens of thousands of dollars? I can with something else!
  • BT
    Billy T.
    9 September 2020 @ 00:37
    Can you transfer BTC from River to a ledger wallet? Are there fees with that transfer?
  • Pd
    Pedro d.
    8 September 2020 @ 05:53
    Did I miss something? Is this an infomercial for River Financial?
    • VD
      Vishal D.
      8 September 2020 @ 06:06
      yeah this was suspect
    • AA
      Aymman A.
      8 September 2020 @ 14:18
      Yes it was an infomercial for River Financial. But do you not see the value of this interview? Stories like these are telling you that Bitcoin is at an inflection point on the S curve. It is going towards mass adoption as we speak. At this point I do not care to learn more about about Bitcoin. I know enough to understand that it MAY have huge potential. BUT timing is key. When will it go to mass adoption? Interviews like these help!
    • DL
      Dan L.
      8 September 2020 @ 18:36
      My first reaction was the same; a not-so-interesting infomercial. But after thinking about it, and the near total lack of support for Bitcoin from dominant financial institutions, I realized that it’s important for investors to know that there are companies out there who can help them gain exposure. This infomercial is different. I’m changing my thumbs-down to a thumbs-up.
    • RC
      Rafael C.
      8 September 2020 @ 23:10
      Agree, though the value proposition is not that clear. He claims customer service is paramount, but does not detail their differentiators.
  • DT
    David T.
    8 September 2020 @ 22:17
    River Financial doesn't have the charter. You can't even prove you had money in the bank legally. They can vanish with your bitcoins altogether. Also, the expectation that Bitcoin will go 100x is exactly what will destroy bitcoin.
  • PN
    Paco N.
    8 September 2020 @ 20:51
    Chapter 6 is the part worth listening here. You can skip all the rest. BTC is King, period.
  • WK
    William K.
    8 September 2020 @ 17:55
    To be sure, Mr. Leishman seemed a little awkward in articulating River Financial's vision for the future of bitcoin as well as the ways his firm differentiates itself. However, he has identified a market niche that the world needs. Let's not confuse the speaker's style with the message.
  • MK
    Michael K.
    8 September 2020 @ 17:52
    Unfortunately essential tier is turning into a free YouTube channel