As a long-time Bitcoiner, I believe the debt crisis won’t improve, debasement will continue, and we’re moving toward a Bitcoin future. During this transition, I see Digital Credit as the most important asset. I held nothing back with Pomp on how big I think this gets.
I sat down with Strive CEO Matt Cole to discuss digital credit, $ASST, and $SATA. @ColeMacro breaks down the mechanics, the dividend structures, what the risks are, Michael Saylor's decision to sell bitcoin, and why a thriving ecosystem of digital credit issuers is better for bitcoin long-term. YouTube: https://www.youtube.com/watch?v=9GO_-vo7xxQ&t=1067s Apple: https://podcasts.apple.com/us/podcast/why-is-bitcoin-digital-credit-so-important-matt-cole/id1434060078?i=1000771220645 Spotify: https://open.spotify.com/episode/2KJQfNRp5FNNWwBTUDKLrX?si=TvPGRgyJQLqAbVxxRcEEyg TIMESTAMPS: 0:00 - Intro 0:41 - What is digital credit & what problem does it solve? 5:17 - How the carry trade works 8:48 - Daily dividends & dividend structure 10:52 - Downside risk & balance sheet protection 16:18 - The strongest critique of digital credit 19:32 - Michael Saylor selling bitcoin 27:03 - Bitcoin price action vs. bullish headlines 31:32 - Where is digital credit taking capital from? 36:44 - Banks, Jamie Dimon & systemic risk 38:52 - Strive vs. Strategy 42:38 - Too much bitcoin held by public companies? 48:33 - Strive's mission & the road ahead
