The Pomp Podcast

Mike Cagney, Founder and Executive Chairman of Figure and a SoFi co-founder, dives into the future of finance. He highlights the power of Bitcoin-backed loans, allowing borrowers to access liquidity without relinquishing their assets. The discussion also covers how blockchain is reshaping financial infrastructure and democratizing access to capital through decentralized finance (DeFi). Cagney sheds light on the challenges of tokenization and the evolving relationship between traditional banks and digital assets, setting the stage for a revolutionary shift in finance.

Henrik Zeberg, Head Macro Economist at Swiss Block, dives into the economic complexities surrounding cryptocurrencies and inflation. He discusses the inevitability of Bitcoin's cyclical crashes, drawing parallels with historical market behavior. Zeberg warns of a looming tech bust and a potential economic downturn fueled by high inflation and central bank policies. He also emphasizes the importance of historical lessons for navigating future market challenges, including a call for a monetary reset to stabilize global currencies.

Jordi Visser, a seasoned macro investor with over 30 years on Wall Street, shares insights on why the recession narrative may be off base. He discusses the soaring performance of Oracle and the implications of AI on market dynamics. Visser highlights the rise of retail investors, the shifting job landscape due to automation, and how these factors could influence investment strategies. With a focus on Bitcoin and Ethereum, he predicts a promising outlook for cryptocurrencies as traditional finance increasingly embraces digital assets.

Jeff Park, Partner and Chief Investing Officer of ProCap BTC, shares insights into Bitcoin's promising future amidst market dynamics. He discusses why Bitcoin is currently lagging behind gold and the implications of lower interest rates. The conversation delves into the burgeoning role of retail investors and their influence on the market, as well as upcoming IPOs like Gemini and Figure. Park theorizes potential Bitcoin price targets, ranging from 140K to 500K, underscoring a transformative phase for investors as they redefine mainstream finance.

Ric Edelman, founder of the Digital Assets Council of Financial Professionals and a New York Times best-selling author, shares insights on the changing landscape of investment. He discusses why financial advisors are now embracing Bitcoin, noting a shift from skepticism to endorsement. Edelman also critiques the traditional 60/40 investment strategy in light of rising interest rates, promotes Bitcoin as a superior asset compared to gold, and emphasizes the need for financial advisors to adapt to new technologies and educate their clients on cryptocurrency.

Join Mel Mattison, an investor, author, and former fintech executive, as he dissects the intricate relationship between the Federal Reserve and current economic policies. He argues that historical political pressures have compromised the Fed's independence. Mattison champions Bitcoin and gold as essential hedges against currency debasement and inflation, emphasizing their importance in today’s changing investment landscape. He also critiques traditional investment strategies and encourages adapting to the evolving economic environment.

Jordi Visser, a macro investor with three decades of Wall Street experience and creator of 'VisserLabs', shares insights on the market landscape. He discusses the potential of Bitcoin reaching $150,000, emphasizing the rise of retail investors. The conversation dives into the synergy between Bitcoin and AI, predicting a dramatic increase in its market cap. Visser also explores the impact of rising electricity costs and the Fed's response to inflation, suggesting that aggressive rate cuts could address economic uncertainties.

Jeff Park, Partner and Chief Investing Officer of ProCap BTC, shares insights on the evolution of investment intelligence amid the rise of retail investors. He discusses why Bitcoin is considered a unique asset and its ideological significance in today's financial landscape. The conversation touches on innovative corporate strategies like Bitcoin treasuries, the social risks in investment choices, and how consumer ownership is reshaping purchasing behaviors. Park encourages a mindset shift for investors to better navigate the volatile market.

Darius Dale, Founder & CEO of 42Macro and a macroeconomics expert, dives into the intriguing world of finance. He discusses the Federal Reserve’s evolving policies and their potential impact on the economy, with a focus on inflation rates. The conversation highlights the challenges in the housing market and innovative solutions for reform. Darius also examines the implications of deregulation on housing demand and positions Bitcoin as a strategic hedge against inflation, raising questions about the future of retail investing.

The discussion kicks off with a dive into Bitcoin's potential price shifts and how the ongoing rise in gold contrasts with it. They explore the growing interest in Bitcoin from countries like El Salvador and the implications of central banks adopting cryptocurrencies. The pair also address the inefficiencies in government, advocating for privatization. Finally, they unpack the Bitcoin vs. Ethereum dynamic, focusing on market predictions and the impact of new investor trends as retail investors take the spotlight.