What if the future of credit markets is built on bitcoin? In this episode, we sit down with Jon Melton, Head of Lending at Unchained and a veteran of Morgan Stanley, Silvergate, and Xapo. Jon shares his journey from Wall Street to building a bitcoin-backed credit business, helping institutions safely borrow dollars against their bitcoin without losing control. We explore why bitcoin is pristine collateral, how interest rates in this market may evolve, and why re-hypothecation risk matters. Jon explains how collaborative custody transforms the borrowing experience and outlines the future of institutional credit on a bitcoin standard. We also discuss why the regulatory tide in America has turned—and what that unlocks for bitcoin’s next wave.

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→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Read Joe Burnett’s new report, Repricing the Economy in Bitcoin: https://www.unchained.com/go/repricing-the-economy-in-bitcoin?utm_campaign=strivereport&utm_medium=podcast&utm_source=tbf&utm_content=youtube

TIMESTAMPS:

0:00 - Intro

4:45 - Conviction through doing the work

10:07 - Managing $1.5b in bitcoin loans with zero losses

16:08 - What Wall Street still doesn’t understand about bitcoin

20:11 - Why bitcoin embodies American values

26:27 - How interest rates might evolve in bitcoin lending

30:12 - Why Unchained never rehypothecates your bitcoin

36:22 - How big will bitcoin lending get in 10 years

41:10 - What unlocks the next wave of bitcoin credit markets

46:25 - The biggest risk to bitcoin

WHERE TO FOLLOW US:

→ Unchained X: https://twitter.com/unchained

→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

→ Jose Burgos (Director of Media Production) on Twitter: https://x.com/DeFBeD

→ Jon Melton’s Twitter: https://x.com/jmelton21mm

What if you were introduced to digital scarcity before bitcoin even existed? In this episode, we sit down with Anil Patel, author of The Bitcoin Handbook and creator of widely shared bitcoin graphics featured in Michael Saylor keynotes. Anil shares how selling concert tickets sparked his early understanding of scarcity, and how that insight shaped his approach to bitcoin. We discuss his take on bitcoin’s future as a store of value, treasury asset, and sovereign protection tool, and why he believes bitcoin’s price will rise forever. Anil unpacks his journey from pitching bitcoin to MBA classmates in 2013 to now building educational content that simplifies complex ideas. We explore the rise of bitcoin treasury companies, how centralized platforms differ from bitcoin’s ethos, and the enduring value of reading and low time preference in a distracted world.

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→ Send us an email podcast@unchained.com

→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Read Joe Burnett’s new report, Repricing the Economy in Bitcoin: https://www.unchained.com/go/repricing-the-economy-in-bitcoin?utm_campaign=strivereport&utm_medium=podcast&utm_source=tbf&utm_content=youtube

TIMESTAMPS:

0:00 - Intro

1:09 - Anil’s early digital scarcity insight from concert ticketing

5:12 - Why bitcoin will go up forever, according to Anil

12:07 - Building a personal and family bitcoin reserve

14:18 - Bitcoin treasury companies vacuuming up supply

16:17 - Pitching bitcoin to his MBA class in 2013

23:32 - Evolving bitcoin education and content creation

29:22 - Why early bitcoiners understood digital scarcity

32:16 - Sovereignty vs number go up—why both matter

40:16 - Mental models and heuristics to cut through noise

43:08 - Innovation is accelerating—so is bitcoin’s upside

WHERE TO FOLLOW US:

→ Unchained X: https://twitter.com/unchained

→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

→ Jose Burgos (Director of Media Production) on Twitter: https://x.com/DeFBeD

→ Anil Patel’s Twitter: https://x.com/anilsaidso

What if bitcoin treasury companies become the most powerful corporations of the next decade? In this episode, we’re joined by Sam Callahan to explore how lightning adoption, corporate strategy, and macro uncertainty are reshaping the global economy. Sam explains why companies like Strategy are pioneering a new capital structure based on bitcoin, how BTC-native yield on the Lightning Network could disrupt traditional finance, and why institutions are finally waking up to sound money. We cover everything from regulatory arbitrage and ETF flows to lightning yield flywheels, safe haven behavior, and the future of corporate balance sheets. Sam also breaks down how tether and stablecoin adoption could drive a new phase of economic activity on lightning—and what it means for investors looking to outperform.

SUPPORT THE PODCAST:

→ Subscribe

→ Leave a review

→ Share the show with your friends and family

→ Send us an email podcast@unchained.com

→ Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Book a free call with a bitcoin expert: https://unchained.com/consultation?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description

→ Read Joe Burnett’s new report, Repricing the Economy in Bitcoin: https://www.unchained.com/go/repricing-the-economy-in-bitcoin?utm_campaign=strivereport&utm_medium=podcast&utm_source=tbf&utm_content=youtube

TIMESTAMPS:

0:00 - Intro

1:21 - How bitcoin treasury companies are revolutionizing finance

5:20 - Bitcoin treasury companies vs real estate leverage

10:01 - Why this cycle could mimic 2017’s parabolic run

12:46 - Why bitcoin adoption is at a major inflection point

16:36 - Who’s next to buy bitcoin: corporates or governments?

22:31 - If bitcoin hits 50% of gold, price hits $1 million

28:06 - Bitcoin is starting to show safe haven behavior

34:39 - How lightning and tether could explode BTC-native yield

46:16 - Spend fiat or spend and replace bitcoin?

52:30 - Why DOGE can’t stop the era of fiscal dominance

WHERE TO FOLLOW US:

→ Unchained X: https://twitter.com/unchained

→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom

→ Unchained Newsletter: https://unchained.com/newsletter

→ Joe Burnett’s Twitter: https://twitter.com/IIICapital

→ Jose Burgos (Director of Media Production) on Twitter: https://x.com/DeFBeD

→ Sam Callahan’s Twitter: https://x.com/samcallah