Preston sits down with Jon Melton to explore his shift from Morgan Stanley to Bitcoin, insights on Silvergate Bank’s crypto strategy, and the future of Bitcoin-backed finance.
They delve into lending models, the impact of regulation, and how Jon sees banks engaging with digital assets going forward.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
04:31 - How Jon transitioned from Morgan Stanley to the Bitcoin world.
06:32 - The impact of Wences Casares on Jon’s Bitcoin conviction.
08:43 - What made Zappo a pioneer in Bitcoin custody.
09:42 - Silvergate Bank’s unique approach to cryptocurrency banking.
14:50 - Reasons behind Silvergate’s decision to wind down operations.
20:09 - The importance of over-collateralization in Bitcoin lending.
23:10 - Why Unchained avoids rehypothecation in its lending model.
27:25 - How Bitcoin loans might integrate with real estate in the future.
33:38 - The Federal Reserve vs. Treasury Department on stablecoin policy.
37:49 - Why Jon remains bullish on Bitcoin and its role in future finance.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
Website: Unchained Capital.
Related Article: Revisiting Unchained’s Core Lending Principles by Jon Melton.
Related article: Core Lending Principles.
Related article: The Plot to Destroy Silvergate by Nic Carter.
Related Video: Banking, Crypto, and an Upcoming Regulatory Overhaul with Caitlin Long and John Maxfield.
Check out all the books mentioned and discussed in our podcast episodes here.
Enjoy ad-free episodes when you subscribe to our Premium Feed.
NEW TO THE SHOW?
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
- Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok.
- Check out our Bitcoin Fundamentals Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
- Enjoy exclusive perks from our favorite Apps and Services.
- Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
SimpleMining
Hardblock
AnchorWatch
Human Rights Foundation
Cape
Unchained
Vanta
Shopify
Onramp
Abundant Mines
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
