#1499 Micheal Cagney | Insane New Way To Get More Bitcoin

In this episode of The Pomp Podcast, Anthony Pompliano interviews Mike Cagney, focusing on innovative financial products and the integration of blockchain technology in traditional finance. Cagney explains the concept of a Bitcoin HELOC, where Bitcoin is used as collateral for loans, and introduces YLDS, a novel type of stablecoin designed to facilitate fiat rails on public chains. The discussion covers the automation of lending processes, cross-collateralization opportunities, and the evolving perspective of institutions towards blockchain technology. Cagney envisions a future where financial markets operate 24/7, enabled by blockchain and AI, and emphasizes the importance of democratizing prime lending by disintermediating traditional allocators of capital.