Share
))
HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
…
continue reading
Manage episode 521475983 series 3674831
Content provided by Bram Kanstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bram Kanstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Jeff Walton is the Chief Risk Officer at Strive ($ASST), where he builds digital credit products that give institutions Bitcoin exposure. His work sits at the forefront of industrializing the speculative attack on the dollar.
PARTNERS
🌳 Gain peace of mind with Onramp’s Multi-Institution Custody solution. Sign up with code BRAM to receive $150 in Bitcoin after your first deposit: https://onrampbitcoin.com/bram
🟧 Gemini’s Bitcoin Credit Card: Earn instant bitcoin rewards on every purchase with no annual fee. Sign up today to earn a $200 intro Bitcoin bonus: https://gemini.com/bram
🔐 Blockstream Jade Plus: The simplest and most secure hardware wallet on the planet - Get 10% off your entire order with code BRAM at https://store.blockstream.com
🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with code BRAM at https://stampseed.com
PRODUCTS I ENDORSE
› Get 10% off a Bitaxe open-source Bitcoin home miner using code BRAM at https://shop.powermining.io/?ref=BRAM
› Buy Bitcoin in the EU 🇪🇺 via https://relai.me/bram and use code BRAM to reduce fees by 0.5%
🔔 SUBSCRIBE TO GET NOTIFIED
› https://youtube.com/@bramk
🕑 TIMESTAMPS
00:00 - The speculative attack on the dollar: Pierre Rochard's thesis
03:47 - Why corporations borrow weak fiat to buy strong Bitcoin
07:22 - Real estate vs. Bitcoin: leveraging a hard asset
09:37 - Why 98% of people won't self-custody Bitcoin
11:34 - Structuring Bitcoin exposure with less volatility
14:00 - The concept of Bitcoin volatility insurance
15:59 - The insurance analogy: underwriting risk with a pile of capital
18:43 - Why Bitcoin-backed products beat Oracle's 40-year bond
27:47 - The bank business model vs. the Bitcoin model
34:05 - Perpetual preferred equity vs. convertible debt (SEDA)
46:29 - The addressable market: Insurance companies' capital structure
56:01 - Why regulators prevent insurance companies from holding Bitcoin
01:13:12 - Bitcoin as the new global hurdle rate for capital
01:27:36 - The Millennial problem: no pension, no safety net
01:45:16 - Why Bitcoin must become the unit of account
ℹ️ EPISODE SUMMARY
Strive CRO Jeff Walton joins Bram Kanstein and breaks down how the speculative attack on the dollar is accelerating using Bitcoin-backed financial products. He explains how instruments like perpetual preferred equity (Strive’s SATA and Strategy’s STRC) allow massive pools of TradFi capital—like insurance companies—to gain exposure to Bitcoin’s appreciation without suffering 80% volatility. This engine converts cheap fiat debt into hard Bitcoin. We discuss the concept of Bitcoin as the new global hurdle rate and why risk is currently mispriced globally
215 episodes
