In this episode, Allen Farrington, an expert in Bitcoin finance and philosophy, dives into the intricate world of BTC treasuries and stablecoins. He discusses the MNAV trade's potential to trigger the next bear market, highlighting its implications for market leverage. Allen also explores Bitcoin's compatibility with Islamic finance principles, while sharing insights on how AI is impacting productivity and communication in the crypto space. Their conversation is both engaging and enlightening, painting a vivid picture of Bitcoin's evolving landscape.
01:37:58
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Bitcoin Changes Corporate Capital Decisions
Companies holding Bitcoin use bitcoin as their hurdle rate and therefore make more prudent investments.
Holding BTC extends runway as prices rise, changing corporate behavior toward capital efficiency.
volunteer_activism ADVICE
Use Bitcoin As A Hurdle Rate
Evaluate startups against Bitcoin as an alternative investment when they hold BTC treasuries.
Prefer founders who only invest capital when expected returns exceed holding Bitcoin.
question_answer ANECDOTE
SpaceDrive Looked Finished — Then Failed
Guy recounts trying SpaceDrive and failing to transfer files across devices despite polished UI.
The project later ran out of money, illustrating how capital can fund attractive-looking but unfinished products.
Get the Snipd Podcast app to discover more snips from this episode
"The whole MNav trade, it has as much implied leverage on the way down as it does on the way up. I have a lot of sympathy for the idea that actually this is what triggers the next bear market, that there's so much leverage introduced via this mechanism that not only do a lot of the treasury companies themselves get wiped out, but the sell pressure is so severe that it impacts Bitcoin as a whole." ~ Allen Farrington
In this episode of the podcast, I sit down with the always insightful Allen Farrington to dive into some of the most fascinating topics in the Bitcoin space. We explore the intersection of Bitcoin and Islamic finance, where Allen shares his latest research and the potential for Bitcoin to align with ancient principles of financial justice. We also tackle the wild world of stablecoins, discussing how they're changing the game for both better and worse. Allen breaks down the MNAV trade and why it might be the next big risk in the Bitcoin ecosystem. Plus, we dive into the future of work and how AI is reshaping the way we think about productivity and value. As always, Allen brings his sharp wit and deep understanding of Bitcoin's role in the world. This one's a great conversation that spans Bitcoin’s intersections with finance, philosophy, and the future of money.
Check out our awesome sponsors!
Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without giving up your Bitcoin. (Link: https://learn.ledn.io/audible)
OFF: The Oslo Freedom Forum is a global human rights event by the Human Rights Foundation (HRF), uniting voices from activism, journalism, tech, and beyond. Through powerful stories and collaboration, OFF advances freedom and human potential worldwide. Join us next June. (Link: https://oslofreedomforum.com/)
Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. Don't forget to find me on my Pubky ID here: pk:5d7thwzkxx5mz6gk1f19wfyykr6nrwzaxri3io7ahejg1z74qngo. (Link: https://pubky.org)
Chroma: Chroma is dedicated to advancing human performance and well-being through cutting-edge light therapy devices and performance eyewear. Their mission is to enhance physical and mental health, unlocking peak human health, cognitive function, and physical performance. Get 10% off your order with the code BITCOINAUDIBLE. (Link: https://getchroma.co/?ref=BitcoinAudible)
Bitcoin Audible