Nice episode. Quick take-home summary:
Collaterised loans coming to strike “soon”. Good way to access your wealth and avoid CGT without touching your stack. No interest details, custody mechanism or country availability (when UK?) yet. But like any loan, make sure you can cover repayments. Will not be 1:1 because volatility and also that would be dumb. Perhaps dynamic? (Personal guess)
Current cycle is like 2016/2017. Maintain position and accumulate but ensure you can stomach and ride out an 80% dip at some point.
Bitkey and Payjoin integration with Strike being worked on.
Block’s BitKey recommended for those getting started with self-custody.
Peaches is cool (you have to watch it).
Institutions serve a purpose.
Jawline or beard? Or both?
If you’re hungry, always eat your lunch…
Ross Steven’s 2024 Letter is a good read (includes a nice Satoshi quote):