Rehypothecation Is Cryptographically Impossible — Martin Matejka, Firefish CEO
"Rehypothecation is cryptographically impossible." Martin Matejka joins the show to break down the rise of Bitcoin-native lending, Firefish's 3-of-3 multisig + DLC architecture, and why the February 6 stress test was the day Bitcoin-backed credit grew up. We discuss why rehypothecation can be engineered out rather than promised away, how Firefish thinks about LTV, margin-call cadence, and the three warnings before liquidation, and why $160 million in non-custodial loans across 27,000 users in 70…
Matt Cole — He Built a Stock That Pays You Every Day
Matt Cole spent fifteen years at CalPERS — the largest public pension fund in the U.S. — running more than $70 billion in global fixed income, where his portfolios reportedly never underperformed their benchmark in a single year. Today he's Chairman & CEO of Strive (Nasdaq: ASST), the first publicly traded asset-management Bitcoin treasury company — and the man who just made a security pay a dividend every single business day, the first time that's ever happened in U.S. market history. This is…
Why Bitcoin Needs Its Own Summer Camp | Camp Nakamoto
Jeff Casler and Angelo Firenze don't run a Bitcoin conference. They run a Bitcoin camp. Jeff is a serial entrepreneur and MS survivor — co-founder of Camp Nakamoto and @btc_mass, with a thesis-forward "why this matters" voice. Angelo grew up on Sandy Island. He spent decades as director of the original family camp the property was built around — and now runs the Bitcoin version of the same idea. Every summer, the Bitcoin world boards another plane to another conference. And every summer, some of…
Bram Kanstein: Bitcoin Is An Economic Psychedelic | EP274
Bram Kanstein returns to The Bitcoin Matrix. He's spent over three thousand hours studying money. He hosts Bitcoin for Millennials — now expanding into Freedom for Millennials — and writes essays connecting fiat money to consciousness, attention, and the design of modern life. This conversation picks up where his first appearance left off. Once you've truly understood Bitcoin — what comes next? Bram's answer is that the orange pill is just the entry point. The real work is what happens after:…
Pius Sprenger Shorted Subprime. Now He Sees It Again.
Pius Sprenger has a PhD in mathematics and spent twenty-five years on Wall Street. He was hired to Deutsche Bank in 2004 and ended up on Greg Lippmann's derivatives desk — the desk Ryan Gosling's character runs in The Big Short. In February 2007 he co-built the ABX index with Goldman Sachs and Bear Stearns. He held his short position for nearly three years while senior management told him he was wrong. He was right. He left Wall Street in 2020. Today he is a founding member of the Scientific Bitcoin…
The FCC Collected $6,790. Then They Came for Bitcoin ATMs. | Paul Tarantino | Ep 272
Paul Tarantino is the CEO of Byte Federal, one of the largest Bitcoin ATM networks in the country. Eighteen months ago on this show he told us Bitcoin wins by default. That Bitcoin is the last currency standing. That AI-generated fraud would break the credit-based payment system. He was right on all three. Now legislators across the country are coming for Bitcoin ATMs and framing it as consumer protection. Paul has spent three years building the most comprehensive data-driven defense of this industry…
Bitcoin Age, the Dollar Mind Trick & Why Gold is Old | Nik Bhatia @timevalueofbtc | EP271
Nik Bhatia called Bitcoin a once-in-a-millennium monetary event before most people understood what Bitcoin was. Now he has a second book, a course at USC Marshall, and the global monetary system is doing exactly what he said it would do. This is one of the most important conversations we have had on this show. We discuss: Why the dollar is a Jedi mind trick almost everyone has fallen for\ How Bitcoin and the dollar can coexist — and why that matters\ Why gold is old and Bitcoin is young\ The…
Who Controls Bitcoin? 16 Years of Data and a 13-Year-Old Hard Drive | EP270 | @secsovereign
Josh discovered Bitcoin in 2010 — before most people knew what a blockchain was. What happened next changed everything. "I'm thankful that I forgot that I was holding." — Josh @secsovereign "The mechanism of control only works on people who can't see it." — Étienne de La Boétie Subscribe so you never miss an episode. ━━━━━━━━━━━━━━━━━━━━━━ 🎙️ GUEST ━━━━━━━━━━━━━━━━━━━━━━ Josh @secsovereign →…
Bitcoin, Stoicism, and Time’s Edge
Nobody told Connor Dolan that the Stoics figured out Bitcoin 2,000 years before Satoshi — but after a year of research, he proved it. Connor Dolan — VP of Enterprise Sales at Unchained, former BlackRock and Capital Group — joins The Bitcoin Matrix to break down why Bitcoin and Stoicism are the two most powerful forces shaping how we think about time, money, and how to actually live. We cover why Bitcoin is the MAP and Stoicism is the COMPASS, how a plastic yellow piggy bank on a kitchen counter…
Bitcoin's iPhone Moment — STRC & the Conversion of the Financial System
Nobody could explain how we get from today to a Bitcoin Standard — until now. MarylandHODL21 and Cris Reed join The Bitcoin Matrix to break down STRC, Strategy's capital flywheel, and why very few people understand what's actually happening in the financial system right now. We cover why STRC is Bitcoin's iPhone moment, how two financial systems are running simultaneously, the apex carry trade, why real inflation is closer to 8% and what that does to every "safe" instrument you own, the M-NAV cycle…
Peruvian Bull - 2026 Is Already Breaking Every Rule: Here's What Comes Next
In this episode, I sit down with Roberto Rios aka Peruvian Bull, and he didn’t come to play it safe. Fresh off breaking news the morning of recording, we kick things off with the Jane Street manipulation lawsuit and what it might mean for Bitcoin price action. We cover the terrifying thesis of The Great Taking, why you may not actually own the stocks in your brokerage account, China’s secret gold accumulation strategy and what it signals about the dollar’s future, the slow-motion collapse of…
Tony Yazbeck - A Collapse Survivor's Warning About War, Banks & Bitcoin
After watching Lebanese banks steal his life savings overnight, Tony Yazbeck went from cybersecurity veteran to full-on Bitcoin sovereignty advocate. Now as co-founder of The Bitcoin Way, he’s on a mission to make sure what happened to him doesn’t happen to you. \ \ This conversation gets real, we’re talking bank collapses, self-custody, opting out of the system entirely, and why proper Bitcoin education might be the most important thing you do in 2026. \ \ ––– Offers & Discounts –––\…