Podcast
The Hurdle Rate Podcast
Hosted by thehurdleratepod · EN
Join Matt, Ben, Jeff, and Tim for an entertaining and informative weekly podcast cutting through conventional wisdom on Bitcoin, investing, and macroeconomics. Every Wednesday, this forward-thinking team delivers unique perspectives and innovative insights that challenge mainstream financial narratives, empowering listeners to make more independent decisions for their corporate or personal financial lives.
Is Bitcoin your hurdle rate?
New episodes every Wednesday!
23episodes
Episodes
Newest firstAll episodes
Episode 62: Digital Credit Weakness
2d ago00:53:45Summary readyEpisode 62: Digital Credit Weakness Full episodes: https://tnorth.com/hurdle-rate/ In this week's Hurdle Rate, the crew breaks down the mechanics of volatility and liquidation events, before turning to shifting investor behavior and how markets react to sudden liquidations. We dig into how digital credit stacks up against traditional financial instruments, the innovations shaping the future of the lending landscape, and what it takes for protocols to remain resilient in brutal bear markets. We close with a deeper look at the Federal Reserve, the opinions surrounding Kevin Warsh, and why navigating economic uncertainty requires a unique strategy for the anticipated super cycle ahead. Here’s the latest with Tim Kotzman, Matt Cole, Jeff Walton, and Ben Werkman. 00:00 - Welcome To The Hurdle Rate 06:24 - Analyzing Volatility and Liquidation Events 11:28 - Understanding Market Reactions and Investor Behavior 17:23 - Comparing Digital Credit to Traditional Financial Instruments 22:11 - The Future of Digital Credit and Market Innovations 30:52 - Resilience in Bear Markets 36:07 - Opinions on Kevin Warsh and the Fed 41:48 - Navigating Economic Uncertainty 51:53 - Optimism for a Super Cycle
SummaryEpisode 61: What’s Your Time Preference?
1w ago00:52:47Summary readyIn this week's Hurdle Rate, the crew breaks down the latest corporate Bitcoin market activity and Strive's growing Bitcoin holdings, before turning to Strategy's Bitcoin sale and what the balance sheet math actually reveals about risk and permanent impairment. We dig into historical bear market scenarios, how to manage amplification ratios, and the product management and demand dynamics shaping the treasury company landscape. We close with a deeper look at what digital credit actually is, and why it matters for the road ahead. Full episodes: https://tnorth.com/hurdle-rate Timestamps 00:00 Welcome to the Hurdle Rate Podcast 01:44 Market Acceleration and USD Reserves 06:04 Holistic Capital Structure Strategy 12:20 Designing Long-Term Capital Vehicles 17:21 Analyzing Recent Bitcoin Flows 18:11 SpaceX IPO and Major Capital Events 29:18 Bitcoin on Institutional Balance Sheets 36:51 Takeaways from Bitcoin Prague 41:20 Onboarding New Investors via Digital Credit
SummaryEpisode 60: The Math of Amplification
3w ago00:50:39Summary readyEpisode 60: The Math of Amplification In this week's Hurdle Rate, the crew breaks down the latest corporate Bitcoin market activity and Strive's growing Bitcoin holdings, before turning to Strategy's Bitcoin sale and what the balance sheet math actually reveals about risk and permanent impairment. We dig into historical bear market scenarios, how to manage amplification ratios, and the product management and demand dynamics shaping the treasury company landscape. We close with a deeper look at what digital credit actually is and why it matters for the road ahead. 00:00 - Welcome To The Hurdle Rate 00:50 - Corporate Bitcoin Market Activity 2:42 - Strive's Bitcoin Holdings Update 04:41 - Market Transparency And Liquidity 13:11 - Strategy Sells Bitcoin: Balance Sheet Analysis 18:01 - Risk And Permanent Impairment 19:59 - Historical Bear Market Scenarios 27:36 - Managing Amplification Ratios 40:15 - Product Management And Demand 45:32 - Defining Digital Credit
SummaryEpisode 59: Scale Like Crazy
4w ago00:47:33Summary readyEpisode 59: Scale Like Crazy 0:00 - Welcome Back to The Hurdle Rate 1:08 - Jeff’s Podcast Circuit & Strategy Retires Debt 21:27 - Strive’s Big Week 32:42 - Strategy’s Retail Q&A 41:29 - Kevin Warsh is The New Fed Chair
SummaryEpisode 58: Exponential Innovation
May 1900:54:47Summary readyEpisode 58: Exponential Innovation 0:00 - Welcome Back to The Hurdle Rate 1:30 - Strive: The Daily Dividend Company 5:32 - Ringing The Opening Bell at Nasdaq 23:50 - How Strive Paid Off Its Debt 27:00 - How Big Is This Idea? 41:21 - The Infrastructure Behind The Scenes 47:00 - How Bitcoin Will Be Involved In Strive’s Future All episodes are posted on YouTube: https://www.youtube.com/channel/UCR9Q6w9zyf_KS2ujrzhoLyA All episodes are hosted on https://tnorth.com/shows/hurdle-rate/
SummaryEpisode 57: The Answer Is Trillions
May 600:54:44Summary readyEpisode 57: The Answer Is Trillions All episodes live here: https://tnorth.com/shows/hurdle-rate/ 0:00 - Welcome Back to The Hurdle Rate 3:02 - MSTR Earnings Call Reaction 25:22 - Is Digital Credit Too Good to Be True? 42:16 - FDIC & Monetary Risk
SummaryEpisode 56: The User Experience
Apr 2100:53:44Summary readyEpisode 56: The User Experience All episodes live here: https://tnorth.com/shows/hurdle-rate/ 0:00 - Welcome Back to The Hurdle Rate 2:20 - Strategy Flips BlackRock 20:58 - Is The Tokenized Ecosystem Completely Useless? 30:13 - AI Tools & Revamping Portfolios 45:55 - Schwab Education
SummaryEpisode 55: A Structural Shift
Apr 1400:50:29Summary readyEpisode 55: A Structural Shift [00:00:00] Welcome Back to The Hurdle Rate [00:01:30] Digital Credit’s Big Month [00:18:05] Capital Flows [00:26:50] Rethinking Credit [00:42:37] The End of the 60/40 Portfolio
SummaryEpisode 54: The Management of The Treasury
Apr 700:51:39Summary readyEpisode 54: The Management of The Treasury [00:00:00] Welcome Back to The Hurdle Rate [00:01:55] The Accumulation Phase [00:21:00] Digital Credit as The Hurdle Rate [00:40:45] Moderate Duration
SummaryEpisode 53 - Bitcoin, AI and The New QE
Mar 3100:58:57Summary readyEpisode 53 - Bitcoin, AI and The New QE Thank you to our sponsor, Swan Bitcoin. We buy Bitcoin at Swan.com [00:00:00] Welcome Back to The Hurdle Rate [00:01:45] US Debt Crisis [00:17:37] AI Disruption in The Startup Economy [00:30:58] Debasement & Portfolio Construction [00:44:34] Which Type of Non-Bitcoin Company Would Even Be Attractive Now?
Summary