Matt and Nic are back with another week of news and deals. In this episode:

• Saylor releases Strategy's "Digital Credit Capital Framework"
• MSTR stabilizes for now though STRC is still discounted
• Is Saylor transitioning MSTR into a Bitcoin hedge fund?
• Is Strategy doing anything tricky with their mNAV calculation
• The OpenUSD consortium is announced
• Is the Tether and Circle duopoly broken?
• Can stablecoin consortiums work?
• What could cause OpenUSD to fail?
• Trump's 2025 diclosures include a lot of crypto
• Binance leaves the EU for now
• The K-pop DAT ends its digital asset ambitions
• Why the bottom might not be in

Matt and Nic are back for another week of news and deals. In this episode:

• Our recording snafu
• STRC's depeg explained
• Saylor's path forward
• Why Strategy's issue is the converts
• Polymarket's questionable marketing
• Trump's Quantum EOs

Matt and Nic are back for a week of news and deals. In this episode:

• The Tartan Army takes over Boston
• Europeans are shocked that American infrastructure works
• STRC falls into the low $80s
• STRC's liquidation cascade mechanics
• What are Saylor's options now?
• Is the US right to put the brakes on Fable?
• Will open weight models puncture the AI boom?
• Are we living in a vulnerable world?
• Kristin Gillebrand's son raises $30m for a perps exchange
• Make sure your tokenized equity provider has the equity
• Why aren't publishers doing pay per content

Content mentioned:

• Nick Bostrom, The Vulnerable World Hypothesis

Matt and Nic are back with a new week of news and deals. In this episode:

• Spanish soccer club Osasuna hedges their relegation on Kalshi
• Strategy shocks people by buying the dip
• Is Strategy sacrificing MSTR to save STRC?
• Saylor bolsters his cash position
• What factors are dragging on the BTC price?
• Zcash fixes a scary inflation bug
• SBF formally applies for a Presidential pardon
• The CFTC proposes banning a subset of prediction market contracts
• Polymarket thinks that Kalshi is spying on them
• European fans in America for the World Cup are discovering Buc-ees
• The DATs are struggling
• Hester Peirce gives her farewell address
• Japanese banks are launching a joint stablecoin
• Will there be offshore interest-bearing USD stablecoins?
• Anthropic drops Fable
• The thin model hypothesis
• What could pop the AI rally?

Wyatt sits down with Omid Malekan, a Professor at Columbia Business School, author of several books, and "Explainer-in-Chief" of blockchain technology. In this episode, Wyatt and Omid discuss:

• Why do stablecoins carry a persisent sense of being "dangerous" or "ungovernable?
• Are stablecoins truly private money? How do we define private money?
• Who owns our current banking and payment systems?
• Why do banks vocally oppose stablecoins?
• Who will own and control digital money networks?
• Are blockchains the right medium for digital finance over the long term?
• Is digital trust a problem?

Matt and Nic are back for another week of news and deals. In this episode:

• FIFA's World Cup ticketing scandal
• Andrew Yang is now a crypto and telecoms entrepreneur
• Are Strategy's woes responsible for the Bitcoin pullback?
• Will Saylor defend STRC or MSTR?
• What are Saylor's options here?
• Polymarket has another market resolution SNAFU
• How UMA could be used to exploit Polymarket
• BitMine considers a perpetual preferred security
• Google's quantum circuit is optimized by hobbyists
• Galaxy launches OTC trading for prediction markets
• Treasury sanctions Iran's largest digital asset exchanges
• Andrew Left of Citron research is convicted of securities fraud

Matt and Nic are back with another week of news and deals. In this episode:

• The CEO of Lead bank says debanking was made up
• Which aspects of debanking were real?
• The SEC scraps its 50-year-old gag rule
• The WSJ gets free banking history wrong in their attack on stablecoins
• What does history tell us about decentralized monetary issuance
• Why stablecoins aren't vulnerable to the same issues as free banks
• SoFi launches SoFiUSD and mixes a stablecoin with a tokenized deposit
• Sentiment is bottoming in Ethereum
• David Hoffman sells his ETH
• Are stablecoins parasitic to L1s
• Can L1s accrue value sustainably?
• The DATs are troubled
• Is AGI here already?
• AI cost discipline

Content mentioned in this episode:

• Nic on Substack, Stablecoins are private money. There's nothing wrong with that

Matt and Nic are back with another week of news and deals. In this episode:

• Are AI datacenters better or worse for the environment than Bitcoin miners?
• AI is not responsible for your power bills
• Why AI could actually drive down residential power prices
• Is AI less popular than crypto ever was?
• The negative societal effects of tech companies staying private for longer
• We analyze the SpaceX S1
• OpenAI solved one of the Erdos problems
• The US government is taking equity stakes in quantum computers
• Jane Street is still dealing with the Terra fallout
• Prime Trust is trying to claw back assets from Swan
• The SEC has questions about tokenized equities

Content mentioned in this episode:

• Nic on Substack, AI is not hiking your electricity bill - yet

Matt and Nic are aback with another week of news and deals, today joined by Gus Coldebella to cover the CLARITY Act. In this episode:

• The Clarity Act advances resoundingly from committee
• Sen. Warren doesn't like the Clarity Act
• Will there be an ethics provision inserted into Clarity?
• The next fight in DC
• What's up with Nantucket real estate?
• Nantucket's ponzinomics
• Nantucket is the birthplace of venture capital
• Circle is issuing a token
• Cprkrn recovers 5 BTC with the help of Claude

Matt and Nic are back for another week of news and deals. In this episode:

• Will Hantavirus become another global pandemic?
• Kraken buys Reap for $600m
• Bullish buys Equiniti for $4.2b
• Reflections on 10 years of attending Consensus
• Is it acceptable to wear a backpack with a suit
• a16z crypto announces a $2.2b fundraise
• Coinbase is laying off 14% of the firm
• Will AI lead to massive job losses?
• Is VC immune from AI job displacement
• I bipartisan compromise is finally reached on Clarity
• How the AI water use debate is just like Bitcoin
• The AI lobby is learning from Fairshake
• The SEC delays prediction market ETFs