Connect with Early Riders // Connect with Onramp Presented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology. 00:00 - Introduction and Market Overview 01:52 - Blockchain and Government Data Confusion 05:52 - The Rise of Prediction Markets 10:01 - Trump Media and Digital Assets 13:23 - Fed Policy and the Dollar's Reserve Status 19:36 - The Shift Towards Hard Assets 25:17 - The Future of Investment Strategies 32:14 - Career Risk and Market Dynamics 34:45 - The Mortgage Crisis and Real Estate Liquidity 36:15 - The Rise of ETFs and Financialization 39:41 - The Challenge of Outperforming Benchmarks 42:40 - The Importance of Small Allocations in Crypto 46:01 - The Role of Incentives in Financial Products 48:43 - CFTC's New Advisory on Offshore Exchanges 54:38 - Institutional Investors and the Crypto Dilemma If you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly. Links discussed: https://archive.ph/XFfSe https://www.theblock.co/post/368295/trump-media-crypto-com-cro-token-treasury-funding https://www.wsj.com/finance/currencies/trump-family-amasses-6-billion-fortune-after-crypto-launchEktBp6GuTDvqhf3MZXIVFYfFFqAJd0Ov4pUL42sn7RDX-1hGRmECPS8DlqSLw%3D%3D https://x.com/KobeissiLetter/status/1962235795622035767 https://x.com/elerianm/status/1962275798619914297 https://x.com/KobeissiLetter/status/1962532572015001630 https://www.nbcnews.com/politics/white-house/trump-removing-federal-reserve-governor-lisa-cook-rcna227138 https://www.bloomberg.com/news/articles/2025-08-25/us-etfs-eclipse-total-number-of-stocks-in-paradox-of-choice-for-investors?utm_source=substack&utm_medium=email https://x.com/LukeGromen/status/1958522779331961319 https://cryptobriefing.com/offshore-crypto-trading-cftc-guidance/ https://x.com/LukeGromen/status/1959631878547259400 https://stanfordreview.org/uchicago-lost-money-on-crypto-then-froze-research-when-federal-funding-was-cut/ Keep up with Michael: https://x.com/MTanguma https://www.linkedin.com/in/mtanguma/ Keep up with Brian: https://x.com/BackslashBTC https://www.linkedin.com/in/brian-cubellis-00b1a660/ Keep up with Liam: https://x.com/Lnelson_21 https://www.linkedin.com/in/liam-nelson1/
