Podcast Summary: The Wolf Of All Streets – "How To Arbitrage Bitcoin With @Tryarchpublic | Crypto Town Hall"

Release Date: February 14, 2025
Host: Scott Melker
Guest: Dan Schooler
Additional Participants: Andrew, Tillman, Gary, Rodney

Introduction: Navigating the Crypto Legislative Landscape

Scott Melker opens the episode by addressing current sentiments in the crypto community, highlighting varying perspectives on the evolving legislative environment in Washington, D.C. He notes, “[...] the velocity of news coming out of D.C. since the Trump administration has taken over is pretty astounding” (00:00). The discussion swiftly moves to legislative efforts impacting the crypto industry, with Dan Schooler providing an overview of ongoing legislative activities.

Legislative Developments: Stablecoins and Market Structure

Dan Schooler delves into the specifics of crypto-related legislation, emphasizing the importance of stablecoin bills. He states, “There are three different stablecoin bills now that have been proposed” (01:14), outlining their presence in both the Senate and the House. Schooler discusses the proactive stance of new congressional members and subcommittees focused on digital assets, highlighting the collaborative efforts between agencies like the OCC and SEC under new leadership.

Notable Quote:
"All indications are saying that that council is not going to be a council like originally intended. It's going to be much more of a series of summits, which I think probably is better in the long run."
— Dan Schooler (02:45)

The Evolution of the Crypto Council

The conversation shifts to the anticipated transformation of the White House’s Digital Assets Council into a series of summits. Schooler expresses optimism about the industry's representation in policy-making, despite previous challenges related to tribalism within the crypto space.

Regulatory Shifts and SEC Collaboration

Dan Schooler highlights improvements in regulatory approaches, particularly within the SEC, now equipped with a dedicated crypto task force. He remarks, “It's actually a lot better than it was like the last four years” (07:15), underscoring the collaborative potential between the SEC and CFTC with pro-crypto leadership. This marks a significant shift from past regulatory antagonism, paving the way for more informed and supportive policies.

ETF Expansion and Financial Product Innovation

Scott Melker transitions the discussion to the burgeoning ETF landscape, mentioning several developments:

• SEC’s acceptance of Grayscale’s 19B4 application.
• The New York Stock Exchange’s initiative to establish a Dogecoin ETF.
• iShares’ filings for staking in their Ethereum ETFs.

Andrew, a guest co-host, elaborates on the implications of these ETF approvals, predicting a flood of new financial products tailored to crypto assets. He asserts, “This stuff is going to get approved unless it's just absolute lunacy” (14:04), highlighting Wall Street’s keen interest in monetizing the volatility and novelty of crypto assets.

GameStop’s Strategic Pivot to Bitcoin

A significant portion of the episode examines GameStop's rumored inclusion of Bitcoin on its balance sheet, which allegedly caused a 20% surge in after-hours trading. Rodney analyzes the strategic benefits, stating, “You're going to get a top end growth by adding Bitcoin to your balance sheet” (31:49). The panel debates the potential ripple effects this move could have across other public companies, although skepticism remains about widespread adoption beyond niche or tightly controlled entities.

Notable Quote:
"The big news is we're on the way to get a lawsuit because everyone can do this and it's going to be outside of the gaming sphere, but we're starting to see it happen because they're very tightly controlled because they have on their publicly traded companies that are operating in a specific space."
— Scott Melker (34:32)

Introducing Triarch Public: Automated Bitcoin Arbitrage and DCA

Scott Melker introduces Triarch Public, co-hosted by Andrew and Tillman, as a groundbreaking tool for Bitcoin arbitrage and dollar cost averaging (DCA). Rodney explains, “Our software is the most advanced tool that I've ever seen in the market” (42:42), emphasizing its automation capabilities that allow users to set predefined buying schedules based on market conditions without manual intervention.

Notable Quotes:

• “Our arbitrage Strategy is annualized 247% per year and then you get 10 to 20% cash yield on top of it.”
  — Andrew (48:53)

• “It's about acquiring Bitcoin and getting a tremendous amount of exposure to price.”
  — Rodney (46:28)

Panel Discussion: The Future of Crypto Financial Products

Gary and Tillman engage in a deep dive on the integration of decentralized finance (DeFi) with traditional financial instruments. They discuss the challenges and opportunities in creating staking rewards and yield-bearing stablecoins within ETFs, highlighting the necessity for seamless technical implementations and regulatory compliance.

Gary notes, “Most likely the biggest users of this long term are going to be upstarts just like in the dot com days” (23:00), suggesting that innovative startups will drive the adoption of crypto within the traditional financial framework.

MasterCard’s Tokenization and Industry Skepticism

An intriguing segment covers MasterCard’s claim of tokenizing 30% of its 2024 transactions. Gary expresses skepticism, comparing it to previous ambiguous blockchain initiatives, suggesting that without tangible on-chain settlement, such claims may lack substantive impact.

Notable Quote:
"Unless they're talking about starting to settle real transactions via stable coins [...] then it's not interesting, right?"
— Gary (25:21)

Closing Thoughts: Embracing Automated Investment Tools

The episode concludes with Triarch Public’s team encouraging listeners to leverage their free Bitcoin arbitrage and DCA tools. Rodney emphasizes, “Now just buy more Bitcoin, whether it's with our software or with anybody else's” (56:49), reinforcing the mission to democratize Bitcoin investment through advanced, user-friendly platforms.

Scott Melker wraps up by urging the audience to explore Triarch Public’s offerings and to stay engaged with future Crypto Town Hall episodes for ongoing insights and developments within the crypto space.

Notable Timestamps and Quotes

• 00:00 – Scott Melker: “Getting our panel up as usual. Experiencing some glitching...”

• 01:14 – Dan Schooler: “There are three different stablecoin bills now that have been proposed.”

• 02:45 – Dan Schooler: “All indications are saying that that council is not going to be a council like originally intended. It's going to be much more of a series of summits...”

• 07:15 – Dan Schooler: “It's actually a lot better than it was like the last four years.”

• 14:04 – Andrew: “This stuff is going to get approved unless it's just absolute lunacy.”

• 31:49 – Rodney: “You're going to get a top end growth by adding Bitcoin to your balance sheet.”

• 34:32 – Scott Melker: “The big news is we're on the way to get a lawsuit because everyone can do this...”

• 42:42 – Rodney: “Our software is the most advanced tool that I've ever seen in the market.”

• 48:53 – Andrew: “Our arbitrage Strategy is annualized 247% per year and then you get 10 to 20% cash yield on top of it.”

• 56:49 – Rodney: “Now just buy more Bitcoin, whether it's with our software or with anybody else's.”

Final Recommendations

Listeners are encouraged to explore Triarch Public for automated Bitcoin investment strategies, leverage the insights discussed on legislative developments, and stay informed about the burgeoning ETF landscape and its implications for the crypto market. The panel emphasizes the importance of adopting innovative tools and staying ahead in the rapidly evolving crypto financial ecosystem.

For more details, visit Triarch Public and follow @archpublic for updates.