If your fav bitcoin podcast
1. Disparages bitcoin treasury companies and digital credit "they don't have any operating business..."
2. Advertises bitcoin loan companies
They have fallen upon their own sword. -->literally they make money by advertising digital credit via bitcoin loans.
But wait, it's even worse.
Every $100 invested in a bitcoin treasury company draws ~10$ into bitcoin from digital credit investors -- expanding the pool of people invested into bitcoin.
Every $100 invested in a bitcoin loan with responsible loan-to-value, creates exactly $10 of credit capital that can go into bitcoin or cash and expands the pool of people invested in bitcoin by 0.
in fact it can reduce the amount of people invested by -1 in the case of a margin call.
One product expands bitcoin adoption.
The other keeps it limited to just the person taking the loan--and even threatens to take them out in the worse case.