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What podcasters are saying about Bitcoin & crypto markets
Summary
In the past 30 days, 10 speakers on 7 finance podcasts discussed Bitcoin & crypto markets in 13 views. Chorus has followed Bitcoin & crypto markets since October 2, 2026.
Who talks about it most
- Brett Rentmeester · 2
- Arthur Cheong · 2
- Jeff Yan · 2
- Amy Oldenburg · 1
- Felix Stratmann · 1
- Quinn Thompson · 1
- Vincent Deluard · 1
- Don Wilson · 1
- David Friedberg · 1
- Ed Elson · 1
The latest views
Newest first. Every quote is checked against the episode's transcript.
Amy Oldenburg · Morgan Stanley
Digital assets are a multiyear transformation; a hybrid TradFi-digital world persists for years.
Amy says we are living through many years of transformation. Like past financial technology shifts, digital assets take years to deploy. For a number of years the industry will operate a hybrid world. Firms must redesign workflows, upgrade policies and address governance, and this work competes with other innovation topics, which may slow adoption near term. Once the work is done, digital finance will simply become finance.
“and I see digital assets being a multiyear transformation just as we saw some of those other periods in history take many years to actually deploy over time.”at 7:17
Thoughts on the Market (Morgan Stanley): How Digital Assets Are Rewiring Financial Markets ·
Felix Stratmann · Morgan Stanley
Financial institutions are seriously adopting digital assets; crypto is converging with traditional finance.
Felix reviewed press releases from global financial companies. About a quarter by count, and roughly 60% by market cap, have announced, piloted or launched digital asset initiatives. He argues the institutions are seriously behind this. Digital money also enables 24/7 follow-the-sun treasury management, which could matter for corporate treasuries. Products are increasingly issued on public blockchains and firms are experimenting with decentralized protocols. Crypto has moved from trying to replace the financial system to converging with it and making it more efficient.
“I found that roughly a quarter by count and some 60 by market cap, you know, had announced, piloted, or launched digital asset initiatives. So the institutions are seriously behind this.”at 8:46
Thoughts on the Market (Morgan Stanley): How Digital Assets Are Rewiring Financial Markets ·
Brett Rentmeester · WindRock Wealth Management
Crypto, like precious metals, is a grassroots store of value and a reasonable hedge against fiat failure.
A growing group sees crypto and precious metals as the anti-fiat-currency trade. If governments defaulted, extended debt durations or deferred interest, as they have done elsewhere, store-of-value assets would matter. He says he doesn't know what crypto will do, but argues investors ought to consider some of it as a hedge because the world could go there. He calls it a grassroots store of value.
“I think there's a growing group of people that believe crypto along with precious metals are kind of the anti fiat currency trade. And if anything really broke and governments didn't repay or extended durations”at 25:32
Brett Rentmeester · WindRock Wealth Management
AI agents will become the main drivers of crypto wallet and transaction demand, favoring blockchain rails.
He argues that agents acting for individuals will become the main drivers of demand for crypto wallets and transactions. One person could run many bots, each needing its own wallet. He admits no one knows how this will play out, but says it will be a favorable backdrop for blockchain and cryptocurrency rails.
“these agents going out and doing their own thing are going to be the main drivers of demand for crypto wallets and other transaction. It's not gonna be you and I.”at 26:51
Quinn Thompson · Lekker Capital
Crypto's bottoming process will take many months; a proper bull market is not yet here.
Quinn says green shoots in crypto usually show up well before they appear in prices, and that a bottoming process can take many months. He argues that sentiment and activity peaked around two years earlier, when Trump was elected. He cites 2022, when the market bottomed but the bull market did not really start until late 2023, and 2020, when prices stayed flat for many months after the COVID emergency before taking off in 2021. He says that for a real crypto run, liquidity has to return, and that he is interested again but not yet deployed.
“that could take six to twelve months. I mean, if 2022 we bottomed and the bull market kind of really didn't start till late twenty twenty three, similar similar deal”at 48:15
Forward Guidance: The Only Way Out Is Through | Weekly Roundup ·
Vincent Deluard · StoneX
Crypto's resilience despite rising real yields may reflect Korean surplus money flowing into crypto.
Crypto has rallied despite a major rise in real yields, and this is unusual. South Korea's surplus money, with bonus payments at Samsung and SK Hynix flowing into bank accounts, may be recycling into crypto. Korea has the infrastructure and culture for it. He notes that about 20% of South Koreans own crypto, with the US near 15%. Korea's gambling culture, its history of bank failures and central-bank currency repression explain the appetite. If the surplus persists for about three years, more of this money could reach crypto.
“I guess some of that is going to go to crypto just because the infrastructure is there, the culture is there. And maybe that's one reason why we've seen these extraordinary resilient crypto prices”at 54:56
The Meb Faber Show: StoneX' Vincent Deluard: The S&P Is Hiding a Bear Market | #655 ·
Arthur Cheong · DeFiance Capital
Most crypto liquid funds are beating Bitcoin and ETH this year, while the majors are down year to date.
Arthur says most crypto liquid funds he knows outperform Bitcoin and ETH this year. BTC and ETH are still down year to date, while most of those funds are up roughly 20% to 100%. He argues this shows the market is rewarding fundamentals and skilled managers, and that dispersion is healthy for active managers.
“probably more than 80% of the liquid funds I know... In crypto, they outperform Bitcoin, ETH... year to date, they are still down and I think year to date, most of the crypto funds I know is up, like, from 20 to a 100%.”at 20:27
Forward Guidance: Where Is The Crypto Alpha Hiding This Cycle? ·
Arthur Cheong · DeFiance Capital
This year, long and short legs in crypto and equities both profit as failing projects keep falling.
Arthur argues that this year, in both equities and crypto, traders can make money on both the long and short legs. Projects that are failing and near shutdown keep dropping roughly 50% every six months, so shorts can be re-established. Fundamental drivers have been stronger than positioning, which would normally make a long-short book lose money in a bull market.
“think this year in both equity and crypto, think you can actually make money both on a long leg and a short leg because there are some projects that are really not making it... you're shorting those, you actually gonna keep getting like a 50% down every six months”at 24:00
Forward Guidance: Where Is The Crypto Alpha Hiding This Cycle? ·
Don Wilson · DRW
Perpetual futures serve a useful purpose: they can make ETFs more efficient and pass through stock borrow fees.
Perps are futures contracts. Oil ETFs roll front-month futures with slippage, and a Brent-linked perp bought by an ETF would be a more efficient exposure, though not a hedge for oil producers, who need to hedge far out the curve. Retail holders of hard-to-borrow stocks, paying 100% annualized to short, could get borrow fees passed through via a perp. On leverage, a quarterly future can have massive leverage and auto-deleveraging just as a perp can, so a perp could be listed with reasonable leverage and no auto-deleveraging. Don argues a future and a cleared swap carry the same risk to society, so the distinction is mostly nomenclature.
“My view is that [perps] serve a useful economic purpose. They are futures contracts.”at 24:03
Odd Lots: Don Wilson on the GPU Market's Trillion Dollar Question ·
Jeff Yan · Hyperliquid Labs
Perpetual futures have crossed into broad acceptance, including in traditional finance.
Yan says that centralized crypto exchanges offering perpetual futures showed clear product-market fit, because users benefited from and wanted the product. He argues that perps have now crossed a threshold of acceptance and are being seen in traditional finance as well. He presents this as the reason on-chain perps can bridge the user experience of centralized venues with the self-custody and transparency of blockchains.
“I think now you see this in traditional context where I think perps have kind of, like, crossed that threshold of acceptance, which is which is really, really cool.”at 31:20
Odd Lots: Jeff Yan's Plan to Bring the Entire Financial Industry Onto Hyperliquid ·
Jeff Yan · Hyperliquid Labs
Large perp-to-spot volume gaps are healthy because arbitrageurs will trade price dislocations away.
Jeff rejects the idea that perpetual futures volume must be capped relative to the underlying spot market. He points to S&P 500 futures and ETFs, which trade far more than their underlying components, as evidence the gap is healthy. The key requirement is that smart liquidity providers can trade against any price move that does not reflect underlying value. In his view, a thinly traded underlying does not matter, because market makers would happily trade a 1% dislocation away. This lets price discovery happen on the derivative while the underlying still reflects real value.
“I don't actually think that's true. I think you can... I think it's healthy. And if you look at, for example, you know, futures tracking the S and P 500 versus the underlying components or even ETFs, right, like, there is a big volume differential there.”at 52:59
Odd Lots: Jeff Yan's Plan to Bring the Entire Financial Industry Onto Hyperliquid ·
David Friedberg · The Production Board
A factorization breakthrough could break public-key crypto before quantum computers, putting wallets at risk.
Friedberg notes that no cryptography proofs were published among the OpenAI results, which he reads as a sign that significant cryptography progress may have been made but withheld. Some posters argue public-key wallets are now seriously at risk, and the crypto community is in a panic. He says that if a result on number factorization breaks public-key cryptography before quantum computers arrive, that would be a real problem. He also points to a rumor that two more OpenAI releases are being held back, which could include such work.
“if this ends up having a set of mathematical solves for number factorization that could lead to breaking public key cryptography before quantum computers come around... then we have a real problem.”at 50:57
All-In Podcast: Is Claude Conscious? Pope Rejects, Model Welfare Movement, OpenAI's Math Backlash, France Riots ·
Ed Elson · Prof G Media
Gen Z's crypto-only portfolios and sports betting reflect financial nihilism that they likely won't simply outgrow.
Elson argues young people are not building wealth through stocks but through speculative bets. A fifth of Gen Z investors hold only crypto in their portfolios, and a quarter of young men with online sportsbooks treat betting as part of their long-term financial strategy. He sees this as a symptom of 'financial nihilism' that is unprecedented, and he doubts people will simply grow out of it.
“A fifth of Gen Z investors, their only investment, the only thing that they own in their portfolio is crypto... Don't think people will grow out of that? I think that we've been trained really badly.”at 1:13:12
The Compound and Friends: Is Gen Z Completely Cooked? With Ed Elson ·
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