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TFTC: A Bitcoin Podcast

#535: The State of Bitcoin-Backed Credit with Matt Dines

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 11 September 2024

⏱️ 107 minutes

🧾️ Download transcript

Summary

Matt on Twitter: https://x.com/buildcio

Build: https://t.co/GN8C8AhVGf



0:00 - Intro

1:28 - Is the bear over?

11:19 - Bitcoin-backed credit market

19:21 - River & Unchained

20:37 - Ukraine bonds vs Unchained loans

30:11 - Why Unchained loans work

37:45 - Gradually, Then Suddenly & Zaprite

39:22 - Predicting capital markets

54:39 - Swaying minds with a good track record

1:07:05 - Venture fund perspective, Fold IPO

1:13:13 - Bitcoin vs stablecoin strategies

1:34:36 - OpenSats and HRF

1:44:13 - Plugging the Bitcoin Lunch



Shoutout to our sponsors:


River

https://river.com/tftc

Unchained

https://unchained.com/concierge/

Zaprite

https://zaprite.com/tftc

Gradually, Then Suddenly

https://thesaifhouse.com/gradually


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Shop Now: https://merch.tftc.io


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Transcript

Click on a timestamp to play from that location

0:00.0

September is that key bottleneck. You've got to get through that period. Now you're going to see

0:04.4

competing tokenized money market funds going head to head with, let's say, Tether. What you're

0:09.3

really just doing is amplifying the existing bubble. It doesn't have to look like 2008 or 2020 either.

0:14.6

It's just we've been trained to brace ourselves for those type of things. You're not going to hear any

0:18.9

candidate make these points on the ballot in November, even if Donald Trump was up at the conference. I think this IPO

0:25.3

at fold, it's going to be a huge proof point for CIOs out there. Bitcoin focus funds have not

0:30.7

return any capital to investors. And so the fact that we're getting these first companies out

0:35.1

the door, that's a big thing.

0:45.6

This rip of TFTC was brought to you by River.

0:47.7

It's the best place to buy Bitcoin.

0:51.9

Go to river.com slash TFTC and enjoy this episode. You've had a dynamic where money has become freer than free.

1:02.0

If you talk about a Fed just gone nuts, all the central banks going nuts.

1:08.0

So it's all acting like safe haven. I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.

1:17.6

In the world of fiat currencies, Bitcoin is the victor.

1:20.6

I mean, that's part of the bold case for Bitcoin.

1:23.6

If you're not paying attention, you probably should be.

1:26.6

Probably should be.

1:31.3

Oh, it's just going. We're going, Matt. Live rip.

1:32.3

Welcome back to the show.

1:34.3

Thanks, Marty. Pleasure to be back with you.

1:37.3

It's been about 16 months since we caught up on this show.

1:41.3

As you were saying, deep bear market. Are we still in a bear market?

...

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