Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - Year-End Reflections and Top Deals
12:45 - Market Signals and ETF Flows
25:13 - Stablecoins and Digital Asset Integration
28:19 - Noise in the Market: Digital Asset Treasuries and Cycle Theory
35:26 - Reevaluating Bitcoin Cycles
36:01 - The Quantum Debate
37:09 - Predictions for Bitcoin's Future
41:39 - Market Dynamics and Predictions
53:45 - Innovative Banking Solutions for 2026
59:55 - The Future of Multi-Institution Custody
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - The Arrival of Banks in Digital Assets
02:49 - Institutional Adoption and Regulatory Changes
05:46 - The Role of Traditional Banks in Digital Assets
08:43 - Partnerships and Trust in the Digital Asset Space
11:49 - The Impact of PNC's Bitcoin Trading
14:54 - User Behavior and Market Dynamics
17:56 - The Future of Banking and Digital Asset Integration
20:51 - The Centralization Debate in Digital Assets
23:46 - The Evolution of Financial Products
29:26 - Navigating Market Challenges
31:50 - The Rise of Stablecoins in Tech
34:27 - Cultural Shifts in Digital Payments
36:16 - Blurring Lines in Financialization
40:45 - Innovations in Banking and Fintech
44:55 - Around the Horn: Insights and Predictions
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-125.html
https://x.com/BitGo/status/1999514929314038040
https://www.theblock.co/post/382111/stripe-acquires-valora-wallet-team-builds-stablecoin-services
https://www.loopcrypto.xyz/blog/loop-crypto-is-joining-lead
https://www.theblock.co/post/381903/pnc-bitcoin-trading-high-net-worth-clients-coinbase-tie-up
https://archive.ph/tqGv6#selection-1037.11-1037.97
https://bitcoinmagazine.com/news/coinbase-prediction-tokenized-stocks
https://x.com/TheBlock__/status/1998886176447488055?s=20
https://x.com/gondorfi/status/1998800082070884751?s=20
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Register for Early Riders & Onramp State of the Bitcoin Industry Roundtable - https://form.typeform.com/to/qcvoKTZT
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - Introduction and Market Sentiment
02:00 - Risk Management and Investment Philosophy
04:40 - Bitcoin vs. Traditional Assets
07:31 - Larry Fink's Insights on Bitcoin
10:09 - Sovereign Wealth and Bitcoin Accumulation
13:03 - Global Trends in Crypto Adoption
16:03 - Middle East's Strategic Moves in Crypto
18:52 - Game Theory and Global Crypto Dynamics
22:08 - Emerging Markets and Crypto Services
24:49 - Infrastructure Development in Digital Assets
26:17 - The Importance of Domain Expertise in Cryptocurrency
27:16 - Future of Cryptocurrency and Market Dynamics
29:21 - The Rise of Cybercrime in the Crypto Space
30:20 - Centralization Risks in Cryptocurrency Custody
31:56 - The Gold Standard and Bitcoin's Centralization Problem
34:25 - Navigating Trust and Custody in Bitcoin
37:11 - The Adoption Challenge: From Zero to Bitcoin
40:01 - The Stakes of Digital Asset Custody
44:18 - Emerging Trends in Bitcoin Infrastructure
46:06 - Recent Developments in Crypto Regulation
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://x.com/MTanguma/status/1996209093858501012?s=20
https://www.cftc.gov/PressRoom/PressReleases/9145-25
https://www.theblock.co/post/381644/coinbase-resumes-user-onboarding-india
https://www.theblock.co/post/381655/robinhood-indonesia-acquisitions
https://www.theblock.co/post/381662/argentina-domestic-bank-crypto
https://x.com/thisisorlando/status/1996284429455822993?s=20
https://bloomingbit.io/en/feed/news/101972
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - Thanksgiving Reflections and Bitcoin Sentiment
02:41 - Tether's Stability Concerns and S&P Rating
10:49 - The Systemic Nature of Tether and Market Dynamics
21:42 - JPMorgan and Klarna: The Future of Stablecoins
28:39 - The Future of Bitcoin and Stablecoins
29:40 - The State of Stablecoin Technology
31:45 - Understanding Multi-Party Computation vs. Multi-Sig
37:02 - The Importance of Bitcoin in Custody Solutions
40:50 - The ETF Landscape and Market Competition
48:53 - Structured Products and Bitcoin's Market Position
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://finance.yahoo.com/news/nasdaq-ise-seeks-quadruple-trading-042125019.html
https://unchainedcrypto.com/jpmorgans-deposit-token-puts-stablecoins-on-notice/
https://www.theblock.co/post/380375/stablecoin-issuer-paxos-acquires-fordefi-crypto-custody-wallet
https://bitcoinnews.com/p/jpmorgan-structured-bitcoin-note
https://x.com/paoloardoino/status/1995154943808839704?s=20
https://finance.yahoo.com/news/p-downgrades-tether-stability-rating-210430953.html
https://x.com/CryptoHayes/status/1994915256150495652
https://decrypt.co/350376/openai-confirms-data-breach-heres-whos-impacted
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.00:00 - Latest in Bitcoin price action
01:46 - Kraken’s $20B IPO & Citadel’s investment
10:17 - Tether’s strategic investment in Ledn & Bitcoin-only lending
17:53 - VC money chases perp DEX infrastructure
21:52 - Maker/Sky’s OBEX incubator & the stablecoin yield gray zone
24:46 - Slash: stablecoin-first banking and demand for better money movement
26:01 - Human risk management, AI scams & Doppel’s $70M raise
32:48 - Cardano chain split exploit & “decentralization theater”
42:13 - Rethinking the poverty line, broken stats & the debasement trade
50:12 - Square/Block’s SMB Bitcoin tools & the future of merchant adoption
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.ledn.io/post/tether-invests-in-ledn
https://decrypt.co/349147/crypto-exchange-kraken-raises-800-million-20-billion-valuation
https://www.doppel.com/blog/doppel-series-c
https://x.com/LayerZero_Core/status/1990822714416963636
https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - Government Shutdown and Economic Implications
03:03 - Impact of EBT and SNAP on Consumers
05:49 - Ledger IPO and Digital Asset Market Dynamics
08:33 - Ripple's Valuation and Market Positioning
11:52 - FOMO and the Rise of High-Risk Investments
14:42 - Innovations in Payment Systems and Merchant Adoption
37:24 - Coinbase's New Token Launch Platform
44:31 - The Evolution of Custody in Crypto
51:01 - Hedge Funds and the Crypto Conflation
56:25 - DeFi Exploits and the Complexity of Trust
01:01:21 - AI Investments and Public-Private Partnerships
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://x.com/LukeGromen/status/1986203411331568041
https://x.com/Balancer/status/1986104426667401241
https://x.com/KobeissiLetter/status/1987886039847882961?s=20
https://x.com/zerohedge/status/1987876356345024775
https://x.com/Square/status/1987886908480033186?s=20
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 - MasterCard's Acquisition of ZeroHash
02:57 - The Future of Bitcoin and Stablecoins
05:47 - Coinbase's Strategic Moves and Partnerships
12:05 - The Role of Traditional Finance in Crypto
17:46 - Trends in Stablecoins and Tokenization
23:42 - The Hype Cycle in Crypto and Its Implications
28:42 - Navigating the Crypto Spectrum
32:15 - The Evolution of Trust in Financial Products
34:32 - The Role of Institutional Trust in Crypto
38:01 - Understanding Credit Ratings in the Crypto Space
43:21 - AI Layoffs and the Future of Business
51:14 - The Impact of AI on Consulting and Business Models
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.electronicpaymentsinternational.com/news/coinbase-2bn-acquisition-bvnk/
https://x.com/stockmktnewz/status/1984016283306786943?s=12
https://fortune.com/crypto/2025/10/29/mastercard-zerohash-acquisition-bvnk-stablecoins-coinbase/
https://x.com/KrishanGopaul/status/1983851088588513482https://x.com/FirstSquawk/status/1982850503320187044
https://x.com/thepowerfulHRV/status/1982859979989324139
https://x.com/saylor/status/1982857061257097696
https://x.com/ChainLinkGod/status/1983755475079278877
https://x.com/therosieum/status/1984987750647333350
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
02:11 – JPMorgan to accept BTC/ETH as collateral by year-end
11:41 – Fortress/Prime Trust fallout: single-custodian risk and insolvency lessons
16:19 – Notable deals of the week
25:31 – FalconX to buy 21Shares: ETFs as on-ramp; options liquidity migration
26:41 – Crypto M&A surges; Q3 deal value and what 2026 might look like
32:08 – Coinbase buys Echo (and UpOnly)
38:56 – Tether roundup: AI ambitions, USAT, and the Rumble token (RUM)
46:54 – Convergence of AI and digital assets
53:53 – ETH dev flight to Tempo; centralization tradeoffs and incentive-driven pivots
58:15 – The state of the greater digital assets industry
1:08:28 – Macro week preview
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://x.com/pmarca/status/1982524567072669929
https://www.theblock.co/post/375102/ledger-nano-device-wallet-app
https://www.theblock.co/post/375102/ledger-nano-device-wallet-app
https://www.theblock.co/post/376037/tether-ai-open-dataset-local-app
https://www.theblock.co/post/375652/prime-broker-falconx-to-buy-21shares-amid-crypto-ma-spree-report
https://blog.kraken.com/news/q3-2025-financial-highlights
https://finance.yahoo.com/news/nevada-shuts-down-fortress-trust-114729119.html
https://a16zcrypto.com/posts/article/state-of-crypto-report-2025/
https://x.com/TheOneandOmsy/status/1982219947792126246
https://finance.yahoo.com/news/coinbase-signs-375-million-deal-113014849.html
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering capital markets, dealmaking, early-stage venture, bitcoin applications and protocol development.
00:00 – Intro & welcoming Gustavo Flores
01:17 – UK opens retail BTC/ETH ETPs
04:13 – Japan stablecoins & productization
07:49 – LATAM stablecoin wave; Brazil in focus
11:27 – Coinbase x CoinDCX (India/APAC)
15:47 – Stablecoin plumbing: BlackRock & Stripe
20:27 – BTC credit vs high LATAM rates; Bolivia case
23:31 – Nubank pursues U.S. bank charter
29:11 – 2026 custody (Citi/Schwab) & cycle timing
33:25 – Aureo announced (Swapido → Aureo)
35:03 – Aureo MIC thesis & team
42:21 – Storage-first: MIC + localized service
56:40 – Debasement trade & BTC hurdle rate
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.aureobitcoin.com/en
https://bitcoin.docsend.com/view/2dj7n3sjr5uyrsr4
https://blockworks.co/news/tempo-series-a-raise
https://www.lightspark.com/news/lightspark/introducing-lightspark-grid
https://www.cnbc.com/2025/10/13/citi-aims-to-launch-crypto-custody-in-2026-exploring-stablecoin.html
https://www.theblock.co/post/375228/japan-fsa-local-banks-crypto
https://www.theblock.co/post/374870/paxos-mistakenly-mints-300-trillion
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
https://www.linkedin.com/in/liam-nelson1/
Keep up with Gustavo: https://x.com/gustavojfe
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Connect with Acropolis — https://www.acropolistreasury.com/book
Connect with Early Riders — https://www.earlyriders.com/contactPresented by Onramp Media in collaboration with Acropolis & Early Riders...
Bitcoin for Businesses is a bi-weekly podcast for operators. We turn headlines into a playbook, covering custody architecture, board approvals, accounting, financing, and real-world implementation.
00:00 - Introduction to Bitcoin for Businesses Podcast
01:24 - Square’s Integration of Bitcoin Payments
05:34 - The Future of Bitcoin in Business
13:11 - Inflation and the Gold-Bitcoin Relationship
19:08 - Counterparty Risk in Bitcoin Holdings
25:11 - Emerging Multinational Banks and Bitcoin
32:07 - Tax Considerations for Bitcoin-accepting Businesses
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Introduction and Overview of Recent Events
02:53 - Texas Capital Markets and Blockchain Summit Insights
05:59 - Understanding the Debasement Trade and Fiscal Policies
08:40 - Market Reactions to Recent Economic Announcements
12:07 - The Fragility of the Crypto Ecosystem
14:53 - Lessons from Recent Market Volatility
17:44 - The Role of Bitcoin in a Volatile Market
20:55 - The Future of Prediction Markets and Information Discovery
30:35 - The Nuances of Prediction Markets
32:45 - Square's Bitcoin Integration
37:55 - Traditional Finance Meets Digital Assets
42:17 - Sovereign Adoption of Bitcoin
49:42 - The Risks in Capital Markets and First Brands
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://blockworks.co/news/bank-of-russia-limited-crypto
https://x.com/unusual_whales/status/1977710157766307970
https://x.com/matthew_sigel/status/1976251057421647886
https://x.com/gladstein/status/1976684360754684366
https://x.com/nextfckingthing/status/1977072040227045729
https://x.com/kaledora/status/1977138503382413777
https://x.com/web4O/status/1977109201311908304
https://x.com/_Checkmatey_/status/1977112327704268833
https://finance.yahoo.com/news/wall-street-pivots-morgan-stanley-114628117.html
https://blockworks.co/news/morgan-stanley-crypto-access
https://x.com/HighyieldHarry/status/1976107853695107382
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.00:00 - Market Breakthroughs: Gold and Bitcoin Surge
02:55 - The Debasement Trade: Shifting Sentiments in Finance
05:43 - Institutional Adoption: The Role of TradFi in Digital Assets
08:51 - Galaxy One Launch: Bridging TradFi and Crypto
11:43 - Yield Products: Evaluating Risks and Opportunities
14:54 - The Future of Financial Metrics: Nominal vs. Real Returns
17:55 - The Wild West of Finance: Embracing Change
20:39 - Bridging the Gap: Crypto Services for TradFi
23:53 - Incumbents Entering Crypto: Walmart and Stripe's Moves
39:51 - The Future of Stablecoins
43:50 - Interoperability and User Experience in Finance
45:33 - Walmart's Role in Financial Inclusion
48:10 - Risks of Stablecoins and Financial Systems
49:44 - The Evolving Landscape of Stablecoin Competition
53:23 - Credit Market Risks and Financial Distortions
01:03:18 - AI's Impact on Venture Capital and Market DynamicsIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/researchLinks discussed:
https://x.com/QTRResearch/status/1974204995273654475
https://www.bloomberg.com/news/articles/2025-10-01/nyc-pilot-funded-by-coinbase-tries-basic-income-payments-in-crypto
https://www.theblock.co/post/373468/galaxy-launches-galaxyone
https://finance.yahoo.com/news/wall-street-pivots-morgan-stanley-114628117.html
https://fortune.com/crypto/2025/10/01/stripe-crypto-stablecoins-open-issuance-bridge-blockchain-tempo/
https://www.theblock.co/post/373510/standard-chartered-estimates-1-trillion-could-exit-emerging-market-bank-deposits-for-us-stablecoins
https://murmurationstwo.substack.com/p/the-stablecoin-duopoly-is-ending
https://www.cnbc.com/2025/10/06/openai-amd-chip-deal-ai.html
https://www.reuters.com/business/ai-venture-funding-continued-surge-third-quarter-data-shows-2025-10-06/
https://www.bestbrokers.com/forex-brokers/the-state-of-ai-venture-capital-in-2025-ai-boom-slows-with-fewer-startups-but-bigger-bets/
https://x.com/exec_sum/status/1974120982614061197
https://bitcoinmagazine.com/markets/wall-street-takes-the-lead-in-bitcoin-options-as-blackrocks-ishares-overtakes-coinbases-deribit
https://ca.finance.yahoo.com/news/blackrocks-ibit-enters-top-20-102855648.html
https://www.theblock.co/post/372763/binance-offers-turn-key-crypto-as-a-service-solution-for-trad-institutions-looking-to-offer-trading-custody-compliance-services
https://www.cnbc.com/2025/10/06/who-is-sanae-takaichi-the-first-woman-set-to-helm-japanese-government.html
https://x.com/LukeGromen/status/1974184554782220583
https://x.com/TimmerFidelity/status/1974112204271296790
https://www.cnbc.com/2025/10/03/walmart-onepay-is-rolling-out-crypto-to-mobile-banking-app.html
https://x.com/calleymeans/status/1608618928561074177?lang=en
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/Keep up with Liam: https://x.com/Lnelson_21
https://www.linkedin.com/in/liam-nelson1/
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Market Sentiment and Predictions
02:32 - Tether's Valuation and Market Impact
11:00 - AI and Stablecoin Innovations
25:11 - Capital Discipline in AI Investments
27:32 - The Impact of AI on Capital and Energy
30:49 - Universal Basic Income and AI Tokens
33:01 - AI's Influence on Stock Market Dynamics
34:35 - The Future of Energy and Economic Growth
38:40 - Bitcoin as a Hedge Against Capital Destruction
41:41 - TradFi's Shift Towards Digital Assets
45:45 - Mainstream Adoption of Digital Assets
51:37 - The Future of Bitcoin Companies and Market Dynamics
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://decrypt.co/340910/morgan-stanley-bitcoin-ethereum-solana-trading-etrade
https://www.theblock.co/post/372531/vanguard-crypto-etf-access
https://x.com/EricBalchunas/status/1972615445950701672
https://x.com/ReneSellmann/status/1972243094063231458
https://x.com/business/status/1971354036524716082
https://x.com/JimPethokoukis/status/1970846329791234193
https://x.com/GSR_io/status/1971640456871399899
https://www.theblock.co/post/372706/swift-blockchain-ledger-consensys
https://www.theblock.co/post/372230/upbit-merge-under-naver
https://cointelegraph.com/news/circle-examines-reversible-stablecoin-transactions
https://www.youtube.com/watch?v=Pdne9xaRLUc
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders — https://www.earlyriders.com/contact
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Connect with Acropolis — https://www.acropolistreasury.com/book
Presented collaboratively by Early Riders & Onramp Media…
Presented by Onramp Media in collaboration with Acropolis & Early Riders...
Bitcoin for Businesses is a bi-weekly podcast for operators. We turn headlines into a playbook, covering custody architecture, board approvals, accounting, financing, and real-world implementation.
00:00 - Introduction to Bitcoin for Businesses
01:08 - Insights from Recent Bitcoin Events
06:09 - Understanding Custody Solutions
09:00 - Exploring Bitcoin Yield Strategies
18:19 - The State of Credit Risk in Business
23:07 - The Role of Bitcoin in Business Revenue
27:07 - AI and the Future of Value Transfer
32:08 - The Impact of Y Combinator on Startups
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Connect with Early Riders --- https://www.earlyriders.com/contact
Connect with Onramp --- https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Nashville Conference Recap
02:23 - Multi-Institution Custody Insights
08:24 - Investment Announcements and Stables Initiative
12:11 - Bitcoin Treasury Company Acquisitions
29:15 - Global Banking Trends and Digital Identity
31:45 - Geopolitical Tensions and Currency Control
34:46 - The Rise of Stablecoins and Global Pushback
39:22 - The Shift Towards Hard Assets
43:53 - The Role of Gold and Bitcoin in Wealth Preservation
46:16 - AI's Impact on Business and Investment Strategies
50:43 - The Future of Bitcoin and Financial Institutions
55:30 - BitGo IPO and the Future of Digital Asset Custody
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://bitcoinmagazine.com/business/early-riders-texas-accelerator-bitcoin
https://www.sec.gov/Archives/edgar/data/1740604/000162828025042203/bitgoholdingsincforms-1.htm
https://finance.yahoo.com/news/bank-england-plan-cap-stablecoin-064322101.html
https://x.com/matthew_sigel/status/1970096786455908723
https://longbridge.com/en/news/257647299
https://finance.yahoo.com/news/ray-dalio-says-invest-gold-132955153.html
https://x.com/StealthQE4/status/1968427249998123351
https://x.com/MacroScope17/status/1969767479309111536
https://www.theblock.co/post/371567/b-hodl-uk-bitcoin-treasury-strategy
https://www.theblock.co/post/371021/quarter-of-public-bitcoin-treasury-companies-trade-below-btc-holdings
https://x.com/JulianKlymochko/status/1967985624922910765
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Learn more about The Stables --- https://www.earlyriders.com/stables
Read the Manifesto --- https://bitcoin.docsend.com/view/pihqiuztjcy5ji3y
Learn How to Get Involved --- https://form.typeform.com/to/a2BIIljt
Connect with Early Riders --- https://www.earlyriders.com/contact
Connect with Onramp --- https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Introduction to The Last Trade Podcast
03:45 - Launching EarlyRiders and Stables
07:14 - Building a Base Camp for Entrepreneurs
10:14 - Insights from Silicon Valley and Community Building
13:15 - Navigating the Bitcoin Landscape
16:15 - The Importance of Foundational Business Principles
19:07 - Identifying Viable Business Opportunities
22:08 - Commercializing Bitcoin Ideas
25:07 - The Role of Constraints in Business Success
30:36 - The Future of Private Equity and Bitcoin
32:49 - Commercial Viability of Bitcoin Innovations
35:49 - Navigating the E-Cash Landscape
39:55 - The Role of Bitcoin in Traditional Finance
44:00 - Exploring Bitcoin as a Store of Value
46:52 - The Intersection of Bitcoin and AI
51:14 - Building the Future of Bitcoin Investments
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Connect with Early Riders --- https://www.earlyriders.com/contact
Connect with Onramp --- https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Market Movements and Upcoming Events
02:11 - Banking Crisis in Thailand
09:59 - Youth Revolt in Nepal
18:23 - Bitcoin's Role in Financial Portfolios
23:09 - Gemini's Public Offering and Market Trends
28:06 - Exploring Solana's Blockchain Advantages
33:07 - The Future of Bitcoin Dividends
35:25 - Hyper Liquid and the Evolution of Stablecoins
37:42 - Vercel and the Future of Micro Payments
43:51 - The Rise of Bitcoin in Everyday Transactions
49:28 - Navigating the Fragile Economy
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.cnbc.com/2025/09/12/gemini-the-winklevoss-crypto-exchange-pops-in-nasdaq-debut.html
https://hbr.org/2025/09/does-bitcoin-belong-on-your-balance-sheet
https://vercel.com/blog/introducing-x402-mcp-open-protocol-payments-for-mcp-tools
https://finance.yahoo.com/news/superstate-issue-fresh-galaxy-digital-110007162.html
https://www.wsj.com/opinion/americas-buy-now-pay-later-economy-3dae0902
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Onramp — https://onrampbitcoin.com/contact-us/
Connect with Acropolis — https://www.acropolistreasury.com/book
Connect with Early Riders — https://www.earlyriders.com/contactPresented by Onramp Media in collaboration with Acropolis & Early Riders...
Bitcoin for Businesses is a bi-weekly podcast for operators.
We turn headlines into a playbook, covering custody architecture, board approvals, accounting, financing, and real-world implementation.00:00 – Welcome to Bitcoin for Businesses
02:12 – MIC: the corporate custody unlock
06:42 – Ledn pivots to bitcoin-only lending
10:59 – Bitcoin-only vs multi-asset UX
12:47 – Public treasuries + fair-value accounting catalyst
20:39 – The “yield” mirage: save, don’t reach
25:16 – Macro: inflation squeeze, bankruptcies, rate cuts & MMFs
32:05 – Offense & defense: pricing power, network effects
39:49 – BTC-backed credit lines for working capital
43:52 – Stablecoins as on-ramps; finality vs chargebacks
51:58 – Real-world payments: Namecheap $2M via BTCPay
57:25 – Closing takeaways & CTA
Connect with Early Riders --- https://www.earlyriders.com/contact
Connect with Onramp --- https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Introduction and Market Overview
02:57 - Stripe's Stablecoin Chain and Industry Reactions
05:57 - David Marcus' Perspective on Centralized Control
09:00 - Decentralization vs. Centralization in Crypto
12:03 - The Future of Payments and Corporate Influence
14:57 - World Liberty Financial and the Illusion of Decentralization
17:32 - Hyperliquid: A New Player in the Market
32:47 - The Rise of Prediction Markets and Decentralization
37:06 - Sovereign Accumulation of Bitcoin
43:48 - India's Unexpected Crypto Adoption
47:00 - Tether's Investment in Gold and Bitcoin
55:51 - The Future of Money: Gold vs. Bitcoin
01:01:04 - AI and the Future of Labor
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://x.com/zoomerfied/status/1965022977986122116
https://x.com/paoloardoino/status/1963970499530399774
https://x.com/GwartyGwart/status/1963335764508643696
https://x.com/notgrubles/status/1963680872512790585
https://x.com/ccatalini/status/1964027763616358450
https://x.com/davidmarcus/status/1964055754648014852
https://x.com/brian_armstrong/status/1963375254526709879
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21
Connect with Early Riders --- https://www.earlyriders.com/contact
Connect with Onramp --- https://onrampbitcoin.com/contact-us/
Presented collaboratively by Early Riders & Onramp Media…
Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.
00:00 - Introduction and Market Overview
01:52 - Blockchain and Government Data Confusion
05:52 - The Rise of Prediction Markets
10:01 - Trump Media and Digital Assets
13:23 - Fed Policy and the Dollar's Reserve Status
19:36 - The Shift Towards Hard Assets
25:17 - The Future of Investment Strategies
32:14 - Career Risk and Market Dynamics
34:45 - The Mortgage Crisis and Real Estate Liquidity
36:15 - The Rise of ETFs and Financialization
39:41 - The Challenge of Outperforming Benchmarks
42:40 - The Importance of Small Allocations in Crypto
46:01 - The Role of Incentives in Financial Products
48:43 - CFTC's New Advisory on Offshore Exchanges
54:38 - Institutional Investors and the Crypto Dilemma
If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly: https://www.earlyriders.com/research
Links discussed:
https://www.theblock.co/post/368295/trump-media-crypto-com-cro-token-treasury-funding
https://x.com/KobeissiLetter/status/1962235795622035767
https://x.com/elerianm/status/1962275798619914297
https://x.com/KobeissiLetter/status/1962532572015001630
https://x.com/LukeGromen/status/1958522779331961319
https://cryptobriefing.com/offshore-crypto-trading-cftc-guidance/
https://x.com/LukeGromen/status/1959631878547259400
https://stanfordreview.org/uchicago-lost-money-on-crypto-then-froze-research-when-federal-funding-was-cut/
Keep up with Michael: https://x.com/MTanguma
https://www.linkedin.com/in/mtanguma/
Keep up with Brian: https://x.com/BackslashBTC
https://www.linkedin.com/in/brian-cubellis-00b1a660/
Keep up with Liam: https://x.com/Lnelson_21