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BTC248: Bitcoin’s Institutional Wave w/ Willy Woo, Max Kei, Efrat Fenigson, and Preston Pysh at Baltic Honeybadger (Bitcoin Podcast)

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Manage episode 501268298 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network 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://ppacc.player.fm/legal.

A sharp panel debates Bitcoin’s “institutional phase”: BlackRock’s ETF as catalyst, SEC policy shifts on in-kind redemptions, and the boom in corporate treasury strategies.

They probe Coinbase custody concentration, nationalization risks, Tether’s role, and why self-custody remains the antidote. AI’s influence on education and CBDCs vs private stablecoins round out a high-signal hour.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:11 - Why BlackRock’s spot ETF marked a cultural and capital tipping point.

05:31 - How SEC limits on in-kind redemptions and their reversal, shape market integrity.

08:56 - The difference between MicroStrategy’s preferred stock model vs convertible debt.

10:14 - Why concentrated Coinbase custody introduces fragility and what decentralizes it.

12:10 - The political “nationalization” risk and how institutions could be rugged.

17:45 - The case for denominating liabilities in fiat while stacking BTC.

19:50 - Pitfalls of copycat treasury companies timing the market (e.g., short-dated debt).

25:53 - How AI-driven discourse (e.g., Grok) accelerates Bitcoin education.

29:10 - Why private stablecoins (e.g., Tether) may outcompete CBDCs globally.

37:37 - The timeless lesson: make Bitcoin “un-ruggable” via self-custody.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

NEW TO THE SHOW?

SPONSORS

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

  continue reading

1091 episodes

Artwork
iconShare
 
Manage episode 501268298 series 1394353
Content provided by Stig Brodersen and The Investor's Podcast Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Brodersen and The Investor's Podcast Network 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://ppacc.player.fm/legal.

A sharp panel debates Bitcoin’s “institutional phase”: BlackRock’s ETF as catalyst, SEC policy shifts on in-kind redemptions, and the boom in corporate treasury strategies.

They probe Coinbase custody concentration, nationalization risks, Tether’s role, and why self-custody remains the antidote. AI’s influence on education and CBDCs vs private stablecoins round out a high-signal hour.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

03:11 - Why BlackRock’s spot ETF marked a cultural and capital tipping point.

05:31 - How SEC limits on in-kind redemptions and their reversal, shape market integrity.

08:56 - The difference between MicroStrategy’s preferred stock model vs convertible debt.

10:14 - Why concentrated Coinbase custody introduces fragility and what decentralizes it.

12:10 - The political “nationalization” risk and how institutions could be rugged.

17:45 - The case for denominating liabilities in fiat while stacking BTC.

19:50 - Pitfalls of copycat treasury companies timing the market (e.g., short-dated debt).

25:53 - How AI-driven discourse (e.g., Grok) accelerates Bitcoin education.

29:10 - Why private stablecoins (e.g., Tether) may outcompete CBDCs globally.

37:37 - The timeless lesson: make Bitcoin “un-ruggable” via self-custody.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

NEW TO THE SHOW?

SPONSORS

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

  continue reading

1091 episodes

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