• 020 - Alex Leishman: Building a Trusted Bitcoin Financial Institution

  • Aug 13 2024
  • Length: 55 mins
  • Podcast

020 - Alex Leishman: Building a Trusted Bitcoin Financial Institution

  • Summary

  • Alex Leishman, CEO, CTO, and co-founder of River, shares his background and journey in the Bitcoin space. He discusses his interest in technology and economics, which led him to discover Bitcoin. Alex explains his vision for River as the most trusted Bitcoin bank and the need for custodial services. He highlights the importance of providing excellent customer service and building a strong reputation in the industry.

    River's focus is on being the best place to buy Bitcoin in the U.S. and expanding its role as a core financial institution as Bitcoin adoption grows. River CEO Alex Leishman shares lessons learned, including the value of keeping things simple, sticking to your core business, and investing in improving foundational systems and operations.

    Follow River
    https://x.com/Leishman
    https://river.com/
    Alex's recommended read: "Denationalisation of Money" by Hayek

    Chapters
    00:00 Introduction and Background
    04:17 Attracted to Bitcoin and Starting River
    08:09 Choosing the Custodial Route and Providing Customer Service
    13:40 River's Business Model and Future Plans
    21:16 Institutional Adoption of Bitcoin
    24:08 River's Client Base and Growth
    25:53 Team Dynamics and Focus on People
    27:44 The Dual Role of CEO and CTO: Simplicity and Focus
    32:27 Lessons Learned: Keeping Things Simple and Sticking to Your Core
    32:54 Funding Strategy: Raising from a Diverse Group of Investors
    41:29 The Future of River: Bitcoin Custody and New App
    49:19 Advice for Employees and Founders in the Bitcoin Space
    52:04 Questioning the Existing Monetary System

    https://x.com/BuildwBitcoin



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