Lantern Interviews

Palmer Luckey on TBPN

Palmer Luckey: Why I Started My Own Bank

Feb 20, 2026 · 29 min

This is largely a repackaging of the same-day TBPN appearance already in the corpus, with the banking, vibe-coding, Vision Pro, and motorcycle material substantially duplicated. Skip it unless you specifically want the unusually candid detail about Erebor proactively working with intelligence agencies to deter fraud.

For example, one of the things that we're doing is rather than working with the intelligence community only under court order to kinda go and, you know, respond when they think there's crime going on in the platform, we're preemptively going out there and saying, no. We're gonna work with them from the very, very beginning to help make fraud almost impossible on our platform, which is great for me too because it means that people who want to engage in fraud are gonna go to other banks.
from this episode

Palmer Luckey discusses why he founded Erebor, emphasizing service for complex American businesses, conservative banking, proactive fraud prevention, and independence through a bank charter. He also covers ModRetro hardware, the benefits of vibe coding for hardware builders, his optimism about VR, and his collection of commercially unsuccessful motorcycles.