The Fed cuts, the layoffs hit, and AI papers it all over. But the real story’s in the collateral. From credit crunches to Bitcoin-backed loans, what’s breaking and what’s being built. Episode Links 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Show Notes Fed cuts rates for the second time this year, will end balance sheet run-off in December Government shutdown now 2nd longest in U.S. history Ledn to Reach $1 Billion in Bitcoin-Backed Loans by 2025 Strike Line of Credit in the Works - YouTube Lava is introducing the world’s first bitcoin-backed line of credit. Lava | Waitlist Shehzan on X: "We make it seamless to use your bitcoin with instant borrowing, global off-ramps, and our upcoming card product to spend directly from Lava." / X JPMorgan To Accept Bitcoin As Collateral By Year-End Chain Code Delegation: Improving privacy in collaborative multisig S&P Global assigns B- rating to Saylor’s Strategy, cites “high bitcoin concentration” Strategy Inc Assigned 'B-' Issuer Credit Rating; | S&P Global Ratings CleanSpark Acquires Land and Power in Texas for AI Data Center Push Beyond Bitcoin Why bitcoin miner CleanSpark beat Microsoft for Wyoming AI data center Bitcoin Will Power the Internet of Money and Tokenize Real World Assets with David Marcus - YouTube Music The End Of The World BY: Filoxera