Insane New Way To Get More Bitcoin

Michael Cagney is the co-founder and CEO of Figure Technologies, a member of the founding team of Provenance Blockchain and the co-founder and former CEO of SoFi. This conversation was recorded at Bitcoin Investor Week in New York. In this conversation we talk about using bitcoin as collateral for a home, why bitcoin is pristine collateral, stablecoins, blockchain RWA thesis, institutional adoption, KPIs to measure success, and what the future looks like. TIMESTAMPS: 0:00 - Intro 0:37 - How a bitcoin backed home equity credit line works 4:30 - Bitcoin is pristine collateral 6:50 - What is helpful for bitcoin heloc 7:30 - New stablecoin YLDS 10:40 - Blockchain real-world assets thesis 13:28 - Cross-collateralization opportunity 15:10 - Institutional evolution 18:25 - Thresholds to measure success and what future looks like 22:32 - What 24/7 world looks like Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/ Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, Reed Smith delivers smarter, more creative legal services that drive better outcomes for their clients. Their deep industry knowledge, long-standing relationships and collaborative structure make them the go-to partner for complex disputes, transactions, and regulatory matters. Learn more at www.reedsmith.com Polkadot is a scalable, secure, and decentralized blockchain technology aimed at creating Web3. Created by Gavin Wood, co-founder of Ethereum, Polkadot empowers users to build decentralized applications with ease. Backed by industry leaders, making it a preferred choice for big names, Polkadot stands out as a leading choice for investors seeking a reliable, future-proof solution in the growing world of Web3 technology. Learn more at https://polkadot.com/. Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/ View 10k+ open startup jobs: https://dreamstartupjob.com/ Enroll in my Crypto Academy: https://www.thecryptoacademy.io/ Follow Pomp on social media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.din.com/in/anthonypompliano/ Website: https://anthonypompliano.com/ #AnthonyPompliano #Pomp