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Jeff Walton

👤 Speaker
893 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

We view the world in a stochastic way.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

Stochastic just means like probabilistic.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

Yeah, right, yeah.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

And so there's a probabilistic difference between the credit profile of STRC and the credit profile of SATA.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

As computers get better,

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

as people, their brains, shift from flesh brains to computers that are on, you know, true computers, the calculus becomes more automated.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

Like, the trading between credit instruments is going to get more automated.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

It's going to be more computer-focused as opposed to, like, the traditional 1-4-4-A back-alley deals that are trading off-market.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

You're a young guy.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

You're probably around the same age as I am.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

So I think very similarly to the way that you do.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

However, I have STRC exposure in my HSA.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

And I love it.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

But why?

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

Because my HSA is my health savings account, which is tax advantage.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

And I like I want to use it.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

Like if I go to the doctor, my wife goes to the doctor or I want to go get a massage or chiropractic or whatever.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

I know that the dollars are in there and they're not they're not 50 vol.

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

It's just paying me, right?

Bankless
Bitcoin’s $300T Credit Market Opportunity | Jeff Walton

And I get paid, I don't even know the numbers, but it's a couple hundred dollars a month.