Chat_143 - Rise and Fall of BTC Treasuries and the Stablecoin Dilemma with Allen Farrington

"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.


 


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Guest Links


Allen Farrington on X (Link: https://x.com/allenf32)



Host Links


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