Digital Credit TAM and the Bitcoin + Digital Credit Carry Trade

After the AI Buildout, the AI Economy Will Run on Bitcoin Collateral | Eric Jackson

Eric Jackson joins Joe Burnett to explain why he believes bitcoin could reach $50 million as AI agents transform global commerce and demand pristine digital collateral. They also discuss bitcoin’s recent underperformance, AI-powered market models, compounding through volatility, and why the next five years may be the most uncertain investing environment of our lifetimes. Timestamps: 0:00 - Eric Jackson’s background in markets 2:14 - Finding Carvana before the comeback 3:01 - The OpenDoor trade and retail investor momentum 3:40 - How Eric got interested in bitcoin and crypto 6:26 - Building AI models before ChatGPT 9:23 - Volatility, conviction, and long-term investing 12:16 - Why Eric thinks bitcoin could reach $50 million 17:01 - Bitcoin as the “other coin” of the AI trade 17:28 - Why bitcoin has underperformed gold and AI stocks 20:16 - Is the AI boom propping up the market? 22:03 - What the world could look like in 2041 25:55 - AI, uncertainty, and the next five years 28:47 - Kevin Warsh, interest rates, and bitcoin 31:37 - Eric’s bitcoin stress indicator 40:27 - Compounding through bitcoin volatility 43:35 - Can markets be predicted with enough data? 48:20 - How AI changed market analysis 50:44 - Event Horizon IQ and AI-powered predictions 54:15 - Final thoughts and where to follow Eric

The Fed’s Impossible Choice Could Send Bitcoin Higher

Joe Consorti joins The Mustard Seed Bitcoin Podcast to break down the Fed’s impossible choice between fighting inflation, protecting the economy, and keeping asset prices alive. We discuss why bitcoin may be the only asset accurately pricing today’s uncertainty, how AI is disrupting software but strengthening bitcoin’s long-term case, and why the dollar crash playbook may already be underway. Timestamps: 0:00 - Joe Consorti returns 0:43 - Kevin Warsh’s impossible Fed dilemma 4:49 - Why the Fed may cut rates despite inflation 9:35 - Consumer sentiment hits 74-year lows 11:00 - The K-shaped economy: asset owners vs. everyone else 14:00 - Why they will crash the dollar before markets 17:43 - Why bitcoin is underperforming 21:08 - Is AI stealing capital from bitcoin? 25:10 - Why AI can disrupt software, but cannot disrupt bitcoin 31:02 - ISM PMI, the business cycle, and bitcoin’s bottom 34:37 - Why bitcoin broke from global M2 36:26 - What happens if oil, war, and inflation cool down? 37:17 - Why the S&P 500 could hit 10,000 40:43 - How AI expands the divide between asset owners and labor 45:31 - What bitcoiners may be wrong about 48:22 - “I missed bitcoin” and the unit bias trap 50:18 - Where to follow Joe Consorti

Coffeezilla vs 11%+ Digital Credit Yields and Why Bitcoin is Ready To Run | Joe Consorti

Bitcoin is evolving into a unique asset that responds to both crisis and liquidity expansion. In this conversation, we break down how macro policy, market structure, and institutional flows are reshaping bitcoin’s role in global portfolios. The result is a shift toward bitcoin as a core asset for long-term capital allocation. Timestamps: 0:00 Introduction and current bitcoin market setup 0:23 Price levels, resistance, and defining a new bull market 1:30 Macro backdrop: war, uncertainty, and market reactions 2:40 Bitcoin as chaos insurance across global crises 4:00 Performance vs gold, S&P 500, and shifting perception 5:00 Liquidity asset vs risk-off asset: reconciling the paradox 6:30 Dual drivers: global liquidity and crisis demand 8:00 Declining volatility and shallower bitcoin drawdowns 9:30 Why traditional markets avoid prolonged recessions 12:00 Debt dynamics and the inevitability of policy response 14:00 Faster Fed response cycles from 2008 to today 16:00 The “big print” and bitcoin as the primary beneficiary 17:30 Role of technology and information flow in policy decisions 20:00 Monetary policy, asset inflation, and wealth concentration 21:30 Fastest stock market rally since 1982 and implications 23:30 V-shaped recoveries and forward market returns 25:00 Institutional positioning and bullish equity signals 27:00 Treasury market stress and liquidity risks 28:30 Why markets rise in both good and bad scenarios 30:00 Bitcoin’s origin and alignment with monetary debasement 31:30 Coffeezilla debate and digital credit misconceptions 35:00 STRC mechanics and sustainability of yield 40:00 Bitcoin balance sheet coverage and risk framing 43:30 Bitcoin decoupling from tech and software stocks 46:00 Long-term path toward an uncorrelated asset 46:30 What to own if bitcoin did not exist 48:30 Closing thoughts and where to follow

Digital Credit TAM and the Bitcoin + Digital Credit Carry Trade

Digital Credit is expanding the total addressable market for Bitcoin and Bitcoin is expanding the total addressable market for Digital Credit. This conversation explores how that dynamic could scale reflexively and reshape global capital allocation. Timestamps: 0:00 Introduction 1:24 Why Bitcoiners should care about digital credit 6:00 Bitcoin fixed income and a new asset class 8:30 The carry trade: earning Bitcoin yield 11:00 Transparent yield vs black-box risk 17:50 Why digital credit is attracting massive demand 20:00 “Printing Bitcoin with your Bitcoin” 24:59 Bitcoin as the unit of account (Roxom thesis) 34:00 The best Bitcoin investments (NVIDIA example) 38:41 Idle Bitcoin 47:01 The reflexive growth loop of digital credit 54:00 Closing thoughts: think in Bitcoin

Bitcoin, AI, MSTR, and Why Fear Creates Opportunity | Tad Smith

Tad Smith joins Joe Burnett to discuss why he still favors bitcoin over gold, how AI is reshaping software, labor, and opportunity, and why he sees the current market setup as increasingly attractive for bitcoin and Strategy. They also dig into Digital Credit, the long-term potential of Strategy’s preferred products, the quantum cloud over bitcoin, and Tad’s new role leading Candy Digital. Timestamps: 0:00 Intro 1:28 What First Clicked for Tad on Bitcoin 4:11 Gold vs. Bitcoin Right Now 6:51 Current Market Dynamics, Oil, and Volatility 8:46 Why AI Pressures Traditional Software 10:53 Why Tad Still Likes Palantir 13:03 The Fed, Inflation, and Global Liquidity 17:11 Weakening Labor Markets and Why More Printing Could Follow 19:49 Is AI Replacing White-Collar Work? 22:57 Tad’s Advice for Students and Young Workers 26:14 AI, Abundance, and Choosing Optimism 29:51 Where We Are in the Bitcoin Cycle 32:37 Does Bitcoin Have a Real Floor? 35:46 What Could Trigger Bitcoin’s Next Move Higher 38:52 Morgan Stanley, Quantum Risk, and Clearing the Clouds 46:56 Strategy, STRC, STRK, and Amplified Bitcoin 51:49 Is Stretch Strategy’s iPhone Product? 55:21 Tad on Candy Digital and Digital Collectibles 57:42 Final Thoughts on Fear, Resilience, and Happiness