
Hosted by Blockworks · EN

In this episode, Blockspace Baron joins the show to deep dive into a contrarian Bitcoin thesis: treating block space itself as a scarce, financial asset. We explore why Blockspace Baron is aggressively acquiring it, how inscriptions and tokens reframe fee economics, and what this could mean if transaction fees rise. Enjoy! — Follow Blockspace Baron: https://x.com/MrBeastBitcoin Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: https://twitter.com/SupplyShockBW Follow Blockworks: https://twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx — Timestamps: (00:00) Introduction (01:48) Blockspace, Ordinals & Bit Bars (04:01) How Blockspace Tokens Are Bought & Valued (05:44) Challenges & the Future of Blockspace (13:58) The Long-Term Vision for Blockspace Tokens (20:58) BIT Bars, Meme Culture & Gentleman Club Phenomenon (22:35) The Economics of Blockspace (28:30) Blockspace Tokens & What Comes Next (35:45) Final Thoughts — Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Bitcoin #Crypto #SupplyShock

In this episode, CEO of Swan Cory Klippsten discusses Swan Bitcoin’s Series C raise and its partnership with a French semiconductor company pivoting into Bitcoin treasury accumulation. He explains the rise of leveraged Bitcoin equities, how these companies use debt markets to acquire Bitcoin, and the potential influx of institutional fixed income into Bitcoin. Cory breaks down risks, opportunities, and why he believes Bitcoin-focused financial institutions are inevitable – touching on market cycles, treasury company models, and strategic corporate adoption. Enjoy! — Follow Cory: https://x.com/coryklippsten Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: https://twitter.com/SupplyShockBW Follow Blockworks: https://twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: https://blockworks.co/newsletter/supplyshock Supply Shock Survey: https://bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 — Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com. — Timestamps: 00:00 Swan-Sequans Treasury Partnership 2:45 Bitcoin Treasury Endgame 4:59 Leveraged Bitcoin Equities 6:30 Breaking Down the Strategy 7:30 Ads (Ledger) 8:14 Breaking Down the Strategy 12:07 Unique Arbitrage Opportunities 15:35 Differentiating Good vs Bad Actors 17:55 Fixed Income Opportunity 19:36 When do the Floodgates Open? 22:53 Ads (Ledger) 23:38 When do the Floodgates Open? 25:06 Swan’s Goals 28:33 Crypto Treasury Companies 30:44 Is this Bull Market Different? 32:44 Bitcoin Treasury Doomsday 36:00 Moving Toward Hyperbitcoinization 38:40 Final Thoughts — Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. #Bitcoin #Crypto #SupplyShock

In the first official episode of Supply Shock, Jameson Lopp joins the show to explain why Jack Dorsey is NOT Satoshi, threat vectors for Bitcoiners, and security prevention strategies to protect yourself. We also delve into attacker stories, how Jameson protects his own financial and physical security, and more. Enjoy!—Follow Jameson Lopp: https://x.com/loppFollow Rizzo: https://x.com/pete_rizzo_Follow Supply Shock: https://twitter.com/SupplyShockBWFollow Blockworks: https://twitter.com/Blockworks_The Bitcoin Historian Newsletter: https://bitcoinhistorynewsletter.com/—Join us at Digital Asset Summit 2025 March 18th - 20th. USE CODE SHOCK10 FOR 10% OFF general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Bitcoin DeFi is here. Stake, bridge, swap and earn real yield on Core - Bitcoin’s consumer chain and staking layer. Join Ignition and get onchain: https://ignition.coredao.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=blockworks Stake your Bitcoin with Core: https://stake.coredao.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=blockworks Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.Need liquidity without selling your Bitcoin? For 6+ years, Ledn has been the trusted choice for Bitcoin-backed lending. With transparency, security, and trust at our core, we help you access your BTC’s wealth while HODLing. Discover what your Bitcoin can do at ledn.io/borrowing.—Timestamps:(00:00) Introduction(01:01) Is Jack Dorsey Satoshi Nakamoto?(05:50) Debunking the Jack-Satoshi Theory(13:04) Ads (Core, Ledger, Ledn)(14:38) Debunking the Jack-Satoshi Theory (Con't)(31:00) The Threat Vectors for Bitcoiners(31:39) Ads (Core, Ledger, Ledn)(33:44) The Threat Vectors for Bitcoiners (Con't)(37:04) Mitigating Security Risks(49:19) Rapid Fire Questions—Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

A new chapter starts today. On the Margin is becoming a new show: Supply Shock, covering all things Bitcoin. Felix is back in the host seat for one last episode, passing the baton to Supply Shock's new host, Pete Rizzo AKA the Bitcoin Historian. They discuss Rizzo's deep lore, sovereign adoption of Bitcoin, and the state of Bitcoin innovation. They also delve into the rise of meme coins, the industry’s future, and more. Enjoy and check out the first full episode of Supply Shock with Jameson Lopp - it's already in the feed!—Follow Rizzo: https://x.com/pete_rizzo_Follow Felix: https://x.com/fejau_incFollow Supply Shock: https://twitter.com/SupplyShockBWFollow Blockworks: https://twitter.com/Blockworks_The Bitcoin Historian Newsletter: https://bitcoinhistorynewsletter.com/—Join us at Digital Asset Summit 2025 March 18th - 20th. USE CODE SHOCK10 FOR 10% OFF general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Bitcoin DeFi is here. Stake, bridge, swap and earn real yield on Core - Bitcoin’s consumer chain and staking layer. Join Ignition and get onchain: https://ignition.coredao.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=blockworks Stake your Bitcoin with Core: https://stake.coredao.org/?utm_source=blockworks&utm_medium=podcast&utm_campaign=blockworks Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.Need liquidity without selling your Bitcoin? For 6+ years, Ledn has been the trusted choice for Bitcoin-backed lending. With transparency, security, and trust at our core, we help you access your BTC’s wealth while HODLing. Discover what your Bitcoin can do at ledn.io/borrowing.—Timestamps:(00:00) Introduction(01:04) New Show & New Host: Pete Rizzo(04:19) Bitcoin's Historical Significance(07:16) Sovereign Adoption and Bitcoin's Global Impact(13:17) Ads (Core, Ledger, Ledn)(14:49) Sovereign Adoption and Bitcoin's Global Impact (Con't)(25:56) Ads (Core, Ledger, Ledn)(28:02) Innovations and Challenges in Bitcoin(33:40) The Future of Bitcoin and Crypto—Disclaimer: Nothing discussed on Supply Shock should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

This week, we discuss crypto's liquidation event over the weekend and how to trade the upcoming week. We deep dive into the weak performance of altcoins, Bitcoin's role in a multipolar world, shorting in this market environment & more. Enjoy!--Go follow the new 1000x feed to keep up to date with all new episodes!Spotify: https://blckwrks.co/3WADHnLApple: https://blckwrks.co/4aEt5u0--Follow Avi: https://twitter.com/AviFelmanFollow Jonah: https://twitter.com/jvb_xyzFollow 1000x: https://twitter.com/1000xPodJoin the 1000x Telegram: https://t.me/+fz-2f0cwC6o0MWNh--Kraken OTC unlocks premium, personalized services for high-net worth individuals and institutional clients to execute large orders. Trade over chat or access our self-service automated trading feature to receive executable quotes in seconds. Get 24/7 access to private and secure trading services and deep liquidity for competitive execution. Get in touch today: kraken.com/blockworksAvailability of products may vary by jurisdiction. Not investment advice. Crypto trading involves risk of loss and is offered to US customers (excluding WA, NY and ME) through Payward Interactive, Inc.--Ledger, the world leader in digital asset security, proudly sponsors Empire podcast. Celebrating 10 years of protecting over 20% of the world’s crypto, Ledger ensures the security of your assets. For the best self-custody solution in the space, buy a LEDGER™ device and secure your crypto today. Buy now at Ledger.com--Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--(00:00) Introduction(00:57) Carnage In Crypto(04:21) Shorting This Market(13:57) Ads (Kraken OTC and Ledger)(15:00) When To Buy This Market?(19:29) WIF(23:48) Privacy Coins(27:26) What's Next For Markets?(39:05) Ads (Kraken OTC and Ledger)(40:44) Bitcoin In A Multipolar World(50:16) The AI Trade--Disclaimer: Nothing said on 1000x is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Avi, Jonah and our guests may hold positions in the companies, funds, or projects discussed

In this episode, Austin Campbell joins the show to discuss stablecoin regulation under the Trump administration, the impact of Trump's executive orders on the crypto ecosystem, and the case against a strategic bitcoin reserve. We also delve into the potential for a more cooperative regulatory environment, global adoption of stablecoins, and much more. Enjoy!—Follow Austin Campbell: https://x.com/CampbellJAustinFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Key Features:Built using Cosmos SDK, IBC compatible, with CosmWasm supportedSecured via a sovereign PoS validator setScalable up to 10k TPSBuilt-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAsImproved User Experience to onboard non-native users and institutions to Web3Learn more: https://www.mantrachain.io/—Timestamps:00:00 Introduction00:35 Stablecoin Regulation Updates Post-Election03:27 Congressional Bills and Bipartisan Efforts06:29 Executive Orders and David Sacks’ Role14:42 SEC vs. CFTC: Regulatory Shifts19:24 Global Adoption and Future of Stablecoins26:20 Debate on Strategic Bitcoin Reserve35:52 Bitcoin's Role and Future Projections40:58 Closing Thoughts—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

In this episode, Lyn Alden joins the show to discuss the economic tensions from fiscal dominance, the major factors driving liquidity, and what to expect under the Trump presidency. We also delve into the dollar wrecking ball, the outlook for Bitcoin, and much more. Enjoy!—Follow Lyn Alden: https://x.com/LynAldenContactFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Key Features:Built using Cosmos SDK, IBC compatible, with CosmWasm supportedSecured via a sovereign PoS validator setScalable up to 10k TPSBuilt-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAsImproved User Experience to onboard non-native users and institutions to Web3Learn more: https://www.mantrachain.io/—Timestamps:(00:00) Introduction(00:31) Global Macro Outlook(02:31) Liquidity Conditions(08:44) Shifting Treasury Issuance(12:04) Ads (Ledger, Mantra)(13:11) Tensions Under Fiscal Dominance(18:32) Trump Fiscal Outlook(22:44) Cutting Rates To Zero(27:38) Energy Outlook(32:04) Ads (Ledger, Mantra)(33:36) Interview Continues(35:45) Trump Vs Reagan Approach(37:41) Dollar Wrecking Ball(42:45) Currency Negotiations(45:39) Bitcoin Big Picture(50:00) Gold Outlook(52:18) Bitcoin Outlook(54:31) Learn More About Lyn’s Work—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

In this episode, James Seyffart joins the show to discuss the wild success of crypto ETFs, how allocators and holders are thinking about crypto ETFs, and all the future ETF filings in the pipeline. We also delve into the impact of ETF options on the crypto market, the ETF gap risk, and much more. Enjoy!—Follow James Seyffart: https://x.com/JSeyffFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Key Features:Built using Cosmos SDK, IBC compatible, with CosmWasm supportedSecured via a sovereign PoS validator setScalable up to 10k TPSBuilt-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAsImproved User Experience to onboard non-native users and institutions to Web3Learn more: https://www.mantrachain.io/—Timestamps:(00:00) Introduction(02:24) Bitcoin ETF Anniversary(06:29) Evolving Allocator Perspective(10:50) Largest ETF Buyers(14:40) BTC Spot-Futures Arbitrage(16:46) ETH ETFs(19:58) Ethereum Narrative Problem(21:13) New ETF Filings(26:16) Ads(27:50) Impact Of Options On Crypto(30:52) Crypto Narratives To Drive Demand(33:29) Potential Altcoin ETF Filings(38:38) ETF Gap Risk(41:12) Basket ETFs(46:17) 2025 Outlook(49:48) DAS 2025—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

In this episode, Joe McCann joins the show to discuss why he’s tactically bearish, the US dollar’s implications for risk assets, and his crypto shopping list. We also delve into bottom signals, the outlook for 2025, and much more. Enjoy!—Follow Joe McCann: https://x.com/joemccannFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Key Features:Built using Cosmos SDK, IBC compatible, with CosmWasm supportedSecured via a sovereign PoS validator setScalable up to 10k TPSBuilt-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAsImproved User Experience to onboard non-native users and institutions to Web3Learn more: https://www.mantrachain.io/—Timestamps:(00:00) Introduction(01:12) Macro & Crypto Overview(09:19) Implications Of Hawkish Fed(12:54) Inauguration & The US Dollar(18:01) Ads(19:35) Crypto Market Outlook(23:34) Strategic Bitcoin Reserve(26:30) Crypto Shopping List(31:56) Bottom Signals(35:47) 2025 Outlook—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

In this episode, Travis Kling joins the show to discuss financial nihilism, the logistics of a Bitcoin strategic reserve, and the potential impact of the incoming administration. We also delve into the crypto market outlook, product market fit across the industry, and much more. Enjoy!—Follow Travis Kling: https://x.com/Travis_KlingFollow Felix: https://x.com/fejau_incFollow On The Margin: https://twitter.com/OnTheMarginPodFollow Blockworks: https://twitter.com/Blockworks_—Ledger, the global leader in digital asset security, proudly sponsors On The Margin. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at Ledger.com.MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.Key Features:Built using Cosmos SDK, IBC compatible, with CosmWasm supportedSecured via a sovereign PoS validator setScalable up to 10k TPSBuilt-in Modules, SDKs and APIs to create, trade and manage regulatory compliant RWAsImproved User Experience to onboard non-native users and institutions to Web3Learn more: https://www.mantrachain.io/—Join us at Digital Asset Summit 2025 March 18th - 20th. Use code MARGIN10 for 10% off general admission!https://blockworks.co/event/digital-asset-summit-2025-new-york—Timestamps:(00:00) Introduction(01:32) Macro Outlook(06:26) Philosophical Vibe Shift(11:51) Financial Nihilism(15:52) Unpacking The Next Administration(19:24) Misaligned Incentives(22:35) Ads(23:59) Bitcoin Strategic Reserve(36:51) BSR & The US Dollar(45:42) Crypto Market Outlook(48:40) Crypto Product Market Fit(53:53) Fundamentals Bearish?(55:42) Learn More About Travis’ Work—Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.