Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation we talk the debasement trade, bitcoin vs gold, why everyone seems to be getting rich while the government is going broke, Ken Griffin & Paul Tudor Jones being so excited about the market, and what the $2 billion Polymarket deal means for the future.

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Timestamps:

• 0:00 - Intro
• 0:54 - US government going broke while everyone is getting rich?
• 5:00 - Why the “debasement trade” is now happening
• 10:13 - Wall Street capitulates to bitcoin
• 13:29 - Gold vs bitcoin
• 19:48 - 1999 vs 2025 market euphoria
• 24:05 - What Jeff is paying attention to
• 30:44 - ICE invests $2 billion in Polymarket