This was a very interesting podcast. A personal favorite despite the uncomfortable exchange between two great thinkers.
To be fair to both sides, I think the BTC lending debate was viewed with different lenses. Saylor, viewing Bitcoin as collateral for fiat lending and Chase somehow providing a 5% yield that can be immediately converted to BTC. Sounds great to me, but without risk I don't see an incentive for a big, government backed bank to ever offer a generous yield to its creditors (depositors). I challenge anyone to borrow in BTC even at zero.
Saifedean's comment about little to interest on Loans in a low time preference society is 100% my interpretation of Austrian economics. True, there will always be broke entrepreneurs who might want some cash, but the aggregate savings from low time preference in a fixed money supply will significantly outnumber the demand. The only way to earn a decent interest rate would be with risk, and that means occasional setbacks reducing the overall return (in some cases total wipeout). To eliminate the risk would require socialist protectionist policies or rehypothication.
Key takeaways...don't borrow in BTC unless there is a high negative interest rate and if loans are made in fiat, don't expect a generous yield on Bitcoin to last more than a few years after initial launch.