Matthew Sigel: Digital Credit, Government Spending, & Institutional Yield | The Income Show | Ep. 2

Jakob Schillinger: Future of Money, Digital Credit, & Bitcoin | The Income Show | Ep. 4

In Episode 4 of The Income Show, Joe sits down with Jakob Schillinger, CEO of Hermetica, a self-custodial Bitcoin yield product built for earning BTC-denominated returns while keeping your position on-chain and transparent. Together they explore the future of money, the evolution of fixed income, and why digital credit represents one of the largest untapped markets in finance. The conversation digs into what separates a durable yield product from the failures of past cycles, covering transparency, institutional-grade risk controls, the importance of low volatility, and the lessons being absorbed from recent DeFi exploits. Jakob and Joe also unpack Hermetica's infrastructure, its path to multi billion dollar scale, and how simplification, not complexity, is the foundation of higher security. They close on the bigger picture: Bitcoin's role as a world reserve asset, the intersection of AI and Bitcoin, and how a shifting interest rate regime will redefine the priorities of every digital credit issuer in the next cycle. Full video podcast on YouTube and https://tnorth.com

Stephen Cole: Building a High Yield Account On Bitcoin | The Income Show | Ep. 3

In this Episode 3 of The Income Show, we sit down with the founder of Castle to explore how Bitcoin and digital credit are reshaping the way businesses save, borrow, and benchmark long-term success. We dig into why traditional banking is falling short, how Castle's platform lets any company automatically start accumulating Bitcoin on its balance sheet, and why digital credit may be one of the most overlooked opportunities of the cycle. From the parallels between today's Bitcoin adoption and the early internet, to the risks of waiting on the sidelines, to what happens when rates shift and household-name corporates finally step in, we cover the full arc of where this is heading over the next five years.

Matthew Sigel: Digital Credit, Government Spending, & Institutional Yield | The Income Show | Ep. 2

In Episode 2 of The Income Show, we sit down with Matthew Sigel, CFA and Head of Digital Assets Research at VanEck, to discuss the rise of digital credit, institutional yield opportunities, Bitcoin’s role in the global financial system, how macroeconomic forces are reshaping modern investing, and much more. Matthew shares his investment philosophy, breaks down the evolution of Strategy’s digital credit products, and explains why traditional 60/40 portfolios may no longer be sufficient in an era of persistent government spending, monetary expansion, and structural inflation. The conversation also explores Bitcoin mining infrastructure, AI-driven energy demand, institutional adoption, and the long-term implications of digital assets on markets and society. Whether you’re interested in Bitcoin, fixed income, macro strategy, or the future of institutional finance, this episode offers a deep dive into the changing landscape of modern capital markets. Matthew Sigel is a CFA charterholder and serves as Head of Digital Assets Research at VanEck, where he focuses on crypto markets, Bitcoin adoption, mining infrastructure, and digital asset investment strategy. Follow Matthew on X: https://x.com/matthew_sigel [https://x.com/matthew_sigel] Follow Joe on X: https://x.com/IIICapital [https://x.com/IIICapital] Follow True North on X: https://x.com/TNorth [https://x.com/TNorth] Keep up to date on all True North Here: https://tnorth.com/ [https://tnorth.com/] Time Stamps: 00:00 [https://www.youtube.com/watch?v=_Cr6Wtops9c] - Intro 01:14 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=74s] - General investment philosophy and core principles 03:37 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=217s] - Common mistakes and market timing pitfalls 06:07 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=367s] - Analysis of Strategy and digital credit offerings 08:36 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=516s] - Digital credit versus traditional fixed income 10:25 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=625s] - Shifting away from traditional 60/40 portfolios 12:45 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=765s] - Personal conviction and modern monetary theory 14:15 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=855s] - Economic inequality and Bitcoin's societal impact 16:33 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=993s] - Resilience of digital credit during market drawdowns 18:01 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=1081s] - Building institutional trust and track records 19:34 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=1174s] - Risks and limitations of digital credit 23:21 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=1401s] - Growth versus value investing in digital assets 28:04 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=1684s] - Intersection of AI and Bitcoin mining infrastructure 31:48 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=1908s] - Future market projections for 2030 and 2050 34:16 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=2056s] - Macroeconomic factors and interest rate impact 36:14 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=2174s] - Relationship between Bitcoin and gold 37:12 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=2232s] - Nation-state involvement in Bitcoin mining 39:42 [https://www.youtube.com/watch?v=_Cr6Wtops9c&t=2382s] - Closing thoughts Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions. True North does not intend for anything herein to be considered an offer or sale of any securities, including those of Strive. True North encourages listeners to consult with their tax and investment advisors. Additional information on any securities or issuers referenced herein can be found in such issuers’ filings with the Securities and Exchange Commission (“SEC”), including any registration statements, prospectuses and prospectus supplements for each issuers’ securities. Listeners should read such documents and other documents incorporated by reference therein or that such issuer has filed with the SEC for more complete information. You may get these documents for free by visiting EDGAR on the SEC website at [www.sec.gov [http://www.sec.gov]](http://www.sec.gov).* [http://www.sec.gov).*] Any securities referred to herein, including those of True North’s parent Strive, are not collateralized by underlying bitcoin holdings and may be subordinated to senior claims. There are no guarantee of returns liquidity or future performance. The securities referred to herein are neither bank deposits, nor FDIC insured, nor regulated in the same way, and do not have the same regulatory and other protections as bank accounts, money market funds, treasuries, or similar investments and as a result may not be comparable investments. Current trading prices and effective yields may vary, current rates are not indicative of future rates, and in some cases rates are subject to frequent adjustments and may be significantly lower than discussed herein. Cash dividends are not guaranteed. In some cases, dividends have not been paid and may not be paid in the future. Ownership of securities referred to in herein does not confer ownership in the underlying assets, including bitcoin.

Mike Alfred: AI, Bitcoin, Digital Credit, & The Future of Investing | The Income Show | Ep. 1

In the debut episode of The Income Show, we sit down with Mike Alfred; private investor, board director, and one of the sharpest minds at the intersection of Bitcoin, AI, and digital finance. Mike is the Founder and Managing Partner of Alpine Fox LP, a private investment partnership focused on value equities and Bitcoin. He serves on the boards of IREN (NASDAQ: IREN), a publicly traded data center and Bitcoin mining company, and Bakkt (NYSE: BKKT), a regulated crypto fintech platform. Follow Mike on X: https://x.com/mikealfred [https://x.com/mikealfred] Follow Joe on X: https://x.com/IIICapital [https://x.com/IIICapital] Follow True North on X: https://x.com/TNorth [https://x.com/TNorth]