In this episode of Empire, Jason is joined by Bill Barhydt, founder of Abra, to discuss the 80-year debt cycle, Bill's crypto thesis and the future of Web3 banking. We start with macro, Q4 predictions and the "big Fed pause". We then discuss Bill's BTC and ETH investment thesis and the concept of a Web3 bank.

Tune in to the end, where Bill announces a new product that could shape the future of financial services.

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(00:00) Introduction

(01:32) The 80-Year Debt Cycle & the Big Fed Pause

(15:35) ETH vs Bitcoin Investment Thesis

(26:10) Circle Ad

(27:33) Abra's Outperformance in the Bear Market

(30:02) Ingredients for the Bank of the Future

(41:56) Announcing Abra Bank, the Bank of Web3

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Follow Bill: https://twitter.com/billbarhydt

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Resources

Abra

https://www.abra.com/

The Blocksize War book

https://amzn.to/3xf0IQw

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Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted dollar digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.

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Disclaimer: Nothing said on Empire 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 solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.