The Recent Collapse in Crypto Debt Structures With Caitlin Long (WiM 177)

Caitlin Long, Founder & CEO of Custodia Bank joins me to talk about the recent collapses in various crypto debt projects and products. We explore the risks of leverage in the system, the prevalence of crypto scams, and why regulation may be coming sooner than we think due to these recent events. We also talk about Bitcoin Maximalism and the importance of the Bitcoin Hash Rate. Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanbitcoin.com/private/ Guest Caitlin's Twitter Account: https://Twitter.com/CaitlinLong PODCAST Podcast Website: https://whatismoneypodcast.com/ Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1 RSS Feed: https://feeds.simplecast.com/MLdpYXYI Outline 00:00:00 “What is Money” Intro 00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com 00:01:37 Caitlin's background 00:04:19 Leverage in the System, Bitcoin Bull/Bear Markets 00:09:47 Why is this time different? 00:14:59 Market Cycles, S2F & Price Models 00:21:18 Explaining why "Yield on Bitcoin" is not Sustainable 00:26:52 The Importance of Self-Custody 00:29:35 Fractional Reserves, One to One Leverage 00:33:12 Difference between being "Licensed" & being "Regulated" 00:38:03 Watch "Hard Money with Natalie Brunell" From Swan Studios & Bitcoin Magazine! 00:38:49 Take Control of Your Healthcare with CrowdHealth! 00:39:58 Is Regulation coming? 00:42:19 Explaining the Damage & Ramifications of Crypto Crashes 00:45:49 Are there other use cases for Blockchain & Crypto Projects? 00:53:08 Could Decentralization be Achieved again? 01:00:13 Discussing Bitcoin Maximalism & Culture 01:07:31 What type of Indicator is Hash Rate & how do you explain it? 01:11:45 Lightning Network & Final Thoughts 01:15:58 Where to find Caitlin's work 01:16:25 "What is Money" Outro SOCIAL Breedlove Twitter: https://twitter.com/Breedlove22 WiM? Twitter: https://twitter.com/WhatisMoneyShow LinkedIn: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22?lang=en All My Current Work: https://linktr.ee/breedlove22 WRITTEN WORK Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Sats via Tippin.me: https://tippin.me/@Breedlove22 Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove Dollars via Venmo: https://venmo.com/code?user_id=1784359925317632528 The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSES Swan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/ CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedlove Okcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedlove Join Me At Bitcoin 2023, pre-order your tickets now (use discount code BREEDLOVE): https://b.tc/conference/2023 Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/