In this episode of the Bitcoin Fundamentals Podcast, Preston Pysh interviews Jon Melton, a finance expert with experience in currency markets and the Bitcoin space. Melton discusses his transition from Morgan Stanley to Bitcoin, influenced by Wenceslas Casares, and his time at Silvergate Bank, highlighting its role in providing liquidity to crypto firms. The conversation covers the circumstances surrounding Silvergate's wind-down, the importance of over-collateralization in Bitcoin lending, and the risks of re-hypothecation. Melton also shares his insights on the future of Bitcoin-backed real estate loans and the potential impact of stablecoins on the financial system, as well as the dynamics between the Federal Reserve and the Treasury regarding stablecoin regulation.
Sign in to continue reading, translating and more.
Continue