79: Collateral Damage

The Fed cuts, the layoffs hit, and AI papers it all over. But the real story’s in the collateral. From credit crunches to Bitcoin-backed loans, what’s breaking and what’s being built.

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Show Notes

• Fed cuts rates for the second time this year, will end balance sheet run-off in December (https://www.cnbc.com/2025/10/29/fed-rate-decision-october-2025.html)

• Government shutdown now 2nd longest in U.S. history (https://www.cnbc.com/2025/10/22/government-shutdown-trump-democrats.html)

• Ledn to Reach $1 Billion in Bitcoin-Backed Loans by 2025 (https://www.bitget.com/news/detail/12560605033798)

• Strike Line of Credit in the Works - YouTube (https://www.youtube.com/live/bZvpTAE7NYI?si=uoXS3PtSYxa9MeBN&t=4280)

• Lava is introducing the world’s first bitcoin-backed line of credit. (https://x.com/MarediaShehzan/status/1983226151041466438)

• Lava | Waitlist (https://www.lava.xyz/waitlist)

• Shehzan on X: "We make it seamless to use your bitcoin with instant borrowing, global off-ramps, and our upcoming card product to spend directly from Lava." / X (https://x.com/MarediaShehzan/status/1983226154124300522)

• JPMorgan To Accept Bitcoin As Collateral By Year-End (https://bitcoinmagazine.com/business/jpmorgan-to-accept-btc-as-collateral)

• Chain Code Delegation: Improving privacy in collaborative multisig (https://bitkey.build/chain-code-delegation-improving-privacy-in-collaborative-multisig/)

• S&P Global assigns B- rating to Saylor’s Strategy, cites “high bitcoin concentration” (https://finance.yahoo.com/news/amp-p-global-assigns-b-225021901.html)

• Strategy Inc Assigned 'B-' Issuer Credit Rating; | S&P Global Ratings (https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3466223)

• CleanSpark Acquires Land and Power in Texas for AI Data Center Push Beyond Bitcoin (https://theminermag.com/news/2025-10-29/cleanspark-land-power-texas-ai-bitcoin)

• Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center (https://www.cnbc.com/2025/10/28/bitcoin-miner-cleanspark-crypto-mining-energy-power-ai-data-center.html)

• Bitcoin Will Power the Internet of Money and Tokenize Real World Assets with David Marcus - YouTube (https://www.youtube.com/watch?v=yDpMGUZZC4c)

Music

• The End Of The World BY: Filoxera (https://podcastindex.org/podcast/7078988?episode=29831105835)