In this episode, Founder & CEO of Surus.io Patrick Murck joins the show to reflect on Bitcoin’s rise to a fresh all-time high, its original mission of financial autonomy, and the tension between price appreciation and real-world use. He discusses stablecoins as dollar-compatible tools, why market structure reforms are stalled, and how his new company enables tokenized real-world assets with bankruptcy-remote custody. We also explore US regulatory history, accredited investor rules, and why crypto remains an experiment with both promise and pitfalls. Enjoy!

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Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.

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Timestamps:

(01:00) Bitcoin's All-Time High

(03:23) Bitcoin's Evolution

(05:25) Bitcoin Treasuries & Corporate Adoption

(06:19) Ledger Ad

(07:05) Bitcoin Treasuries & Corporate Adoption

(20:37) Regulatory Landscape & Early Challenges

(35:12) Ledger Ad

(35:57) Regulatory Landscape & Early Challenges

(38:17) Crypto Market Structure & Securities Laws

(43:21) The Future of Crypto Innovations

(46:03) Bitcoin Treasuries and Marketplaces

(50:33) Challenges in Crypto Regulation

(55:52) Building Real World Asset Tokens

(01:20:19) The Evolution of Crypto Generations

(01:09:38) Final Thoughts

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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

#Bitcoin #Crypto #SupplyShock