In this episode, I chat with Jesse Myers, aka “Croesus” on X, a Bitcoin strategy advisor and former co-founder of OnRamp Bitcoin. With an MBA from Stanford and experience at Bain & Company, Jesse is now leading Bitcoin strategy at SmarterWeb and advising UTXO Management.

We dive deep into the rise of Bitcoin treasury companies—how they’re reshaping capital markets, unlocking trapped fiat, and potentially becoming the most valuable companies in the world.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Jesse Myers on X: https://x.com/Croesus_BTC

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 – Intro

01:05 –Jesse Myers: background and focus

03:12 – Why Bitcoin treasury companies? The “elephant in the room”

04:05 – From maxi to treasuries: the journey and mindset shift

10:08 – Paying a premium for Bitcoin yield vs spot Bitcoin

14:00 – Small-cap dynamics: high MNAV bands in hypergrowth

16:24 – Meta Planet example: growing into the premium in 0.4 years

17:35 – Portfolio framing: cold storage vs risk capital slice

18:40 – Global thesis: a leader in each capital market

20:02 – New industry lens: BTC treasuries as conduits for trapped capital

23:05 – Endgame vision: refiners that hoover global fixed income

25:22 – “Is this a Ponzi?” Addressing the core critique

28:05 – Centralization tradeoffs and why cold storage still matters

32:05 – Smarter Web snapshot: 2,050 BTC, no debt, NAV lens

34:25 – Risk management: leverage across lifecycle stages

38:10 – UK context: no ETF access, retirement money tailwind

43:18 – Could BTC treasuries hold half of all Bitcoin?

48:40 – Will BTC treasuries issue stablecoins or partner on them?

52:20 – M&A and distress cycles among BTC treasuries

55:05 – Why Apple/Microsoft won’t be first movers

58:50 – Fundamentals vs price: adding BTC while prices consolidate

1:02:22 – Volatility as vitality vs TradFi’s downside skew

1:04:45 – Mindset shift: humans are volatile, Bitcoin is programmatic

1:05:40 – Closing toughts

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with Scott Dedels, co-CEO of Block Reward, host of the Block Reward Podcast, and author of The Dao of Bitcoin: Towards a Cosmology of Energy Money. Together, we dive deep into the nature of time, monetary entropy, and Bitcoin’s role in reshaping our collective experience.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Scott Dedels on X: https://x.com/LanternBitcoin

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:05 - Welcoming Scott Back!

06:05 – Bitcoin Alive 2025: The Value of Time

11:20 – Time, Money & Energy: The Fiat Trap

17:05 – Interstellar, Halvings & Bitcoin as a Clock

22:35 – Perception of Time & Sending Bitcoin to the Future

28:05 – The Tyranny of the Clock & Mechanical Time

33:20 – Consciousness, Dopamine & Fiat Anxiety

37:35 – Arrival, 4D Time & Transcending Linear Perception

43:05 – Housing, Real Estate & Fiat Distortions

48:50 – Architecture as a Time Capsule

53:35 – Utopian vs. Dystopian Sci-Fi & Collective Imagination

59:05 – Entropy: Thermodynamics, Information & Fiat Disorder

01:05:05 – Triunity: Time, Energy, Value in Bitcoin

01:11:05 – Bitcoin: Durable Across Time & Space

01:18:05 – Subjective Time & Caves Without Clocks

01:23:05 – Time as a Wealth Multiplier

01:25:05 – Freeing the Mind from Fiat Stress

01:27:05 – The Hundred Monkeys & Synchronizing Consciousness

⸻ Produced by https://x.com/nillistudio

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with Stephan Livera, Bitcoin educator, host of the Stephan Livera Podcast, and advisor at Bold Bitcoin. We explore his journey of escaping the lockdowns in Australia to build a new life in Dubai, and how his libertarian values and understanding of Bitcoin economics shaped that decision.

Stephan also shares his thoughts on cycles, proof of reserves, the role of stablecoins, and the long-term outlook for hyperbitcoinization.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Stephan Livera on X: https://x.com/stephanlivera

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:09 - Escaping Australia and the Birth of a New Life in Dubai

06:34 - How Bitcoin and Libertarianism Shaped Stephan’s Exit

12:09 - Feeling Disconnected from Home and Becoming a Global Citizen

16:24 - The Allure of Dubai and Its Strategic Advantages

18:54 - Bitcoin Core vs. Knots, Ordinals, and Relay Filters

23:09 - Consensus vs. Policy and Mining Centralization Risks

28:09 - Core Development, Multiple Implementations, and GitHub Controversy

32:34 - Bitcoin Core Funding and Developer Incentives

35:54 - Bitcoin Treasury Companies and Fiat Arbitrage Opportunities

40:09 - Understanding Risk and the Premium to NAV Debate

45:29 - Global Perspectives: Trapped Capital, Arbitrage, and Institutional Flows

49:49 - The Future of Treasury Companies and Their Evolution

55:09 - Nation-State Adoption and Libertarian Reflections

58:24 - Market Cycles, Future Peaks, and Drawdowns

01:04:49 - Is It Too Late to Stack? Advice for Friends and Family

01:07:54 - Inflation, Recess from the Rulers, and the Tether Debate

01:11:03 - Seven Years of Bitcoin Podcasting: What Keeps Stephan Going

01:12:28 - Aha Moments, Power Laws, and the Path to Hyperbitcoinization

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

Produced by nilli studio (https://x.com/nillistudio)

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with Mandrik, a legendary Bitcoin OG who’s been around since 2011. He shares deep honest reflections on proof of work, health and hardship.

We talk about what it was like working customer support during Mt. Gox, the emotional impact of long bear markets, and why kindness, consistency, and situational awareness matter.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Mandrik on X: https://x.com/Mandrik

• Mandrik on Nostr: npub1qex7yjtuucs6ac49kjujdgytrjsphn5a4pdscu2w3qlprym4zsxqfz82qk

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:08 - Mandrik: Bitcoin OG & Baklava Boss

04:30 - Freedom, Cash Traps & the Baklava Origin Story

08:30 - Cooking Roots: Diners, Grandmas & Fat Kid Energy

12:30 - Keto in 2011, Divorce & the First Bite of Baklava in 13 Years

17:00 - Health Journey, Delayed Gratification & Bitcoin Parallels

21:00 - Captain Crunch, Crunchberries & Hedonic Burnout

25:30 - Tweets of Struggle: Pushing Through the Pain

30:00 - Scrubbing Toilets Over Fiat: Escaping a Dead-End Job

34:30 - Closed Loop Bitcoin Economy in New Hampshire

39:00 - Cooking at Porkfest, Meeting Bitcoiners Through Food

43:30 - Jump to Blockchain.info & Early Bitcoin Startup Chaos

48:00 - Startup Grind, Family Balance & 24/7 Bitcoin Life

52:30 - Meaningful Work vs. Mediocre Office Jobs

56:30 - 4 AM Mornings, Short Sleepers & Existential Impact

1:01:00 - Walking, Sunrises & Psychopath Hour Reflections

1:05:30 - The Power of Kindness, Random Compliments & Awareness

1:10:00 - Feeding the Homeless: Lessons from Dad’s Diner

1:14:30 - Situational Awareness & Travel Safety

1:19:00 - Bacon Weave Sandwiches & Caitlin Long’s Memory

1:23:30 - Feeding the Masses: Deep Fried Everything

1:28:00 - Mandrik’s Roots: Nicknames, Gaming & Identity

1:32:30 - Toilets & Baklava: Humble Bitcoin Beginnings

1:37:00 - Getting Paid in Bitcoin for “Low Status” Work

1:41:00 - Advice to the Young: Take the Risk While You Can

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with Jesse Myers, a Bitcoin strategy advisor and the author of the essay Once-in-a-Species. He shares deep excitement for Bitcoin treasury companies and how they might be the gateway for TradFi capital to enter Bitcoin at scale.

We also dive deep into the evolutionary roots of money and how the innate human drive for scarcity laid the groundwork for the concept of money, civilization itself, and ultimately Bitcoin as the perfection of scarcity.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Jesse Myers on X: https://x.com/Croesus_BTC

• Once-in -species Essay: https://www.onceinaspecies.com/p/once-in-a-species-73b

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:04 - Jesse's Bitcoin Journey

02:03 - “Once in a Species”: What Inspired the Essay

02:53 - Nick Szabo, Shell Beads & Proto-Money

05:57 - Jesse’s Academic Background: From Neuroscience to Bitcoin

06:58 - Art, Humanity & Neanderthals

09:05 - Who Were the Neanderthals?

13:48 - Why Did Homo Sapiens Triumph?

16:55 - Victorian & Modern Theories on Neanderthals

20:22 - Current Academia’s View vs Austrian Economics

24:04 - The Hidden Economic Purpose of Shell Beads

28:23 - Brain Science & Scarcity: The TKTL1 Mutation

31:45 - Symbolic Thought: Neanderthals vs Homo Sapiens

34:38 - Population Density & Dunbar’s Number

38:46 - Money as a Social Efficiency Multiplier

43:14 - From Tribalism to Civilization Through Trade

48:28 - Reading Excerpt: Scarcity as the Root of Human Flourishing

50:16 - Lessons from the Past for Bitcoin’s Future

56:22 - Bitcoin: The Invention of Perfect Scarcity

01:00:50 - How Bitcoin Changes Civilization

01:05:38 - Deflation, Craftsmanship & Cultural Flywheels

01:07:39 - Closing Thoughts: Scarcity, Collectibles & Civilization

01:11:35 - What’s Next: Bitcoin Treasury Strategy & SmarterWeb

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode of the Bitcoin Matrix Podcast, I chat with Knut Svanholm, a former seafarer turned philosopher and the mind behind the “Bitcoin Infinity” meme.

We explore the philosophy of freedom, how Bitcoin changes human interactions, and what it truly means to live without fear in an age of paper Bitcoin and clown world distractions.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Knut Svanholm on X: https://x.com/knutsvanholm

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:06 - Knut’s Recent Work and Bitcoin Infinity Academy

04:14 - Philosophical Direction of Bitcoin in 2025

06:18 - Is Bitcoin Divine or Merely Civilized?

07:38 - Directional Libertarianism and Fiat Jobs

09:06 - Bitcoin, Hope, and Time Preference

11:33 - Money Printing: Conspiracy or Human Nature?

13:06 - Shawshank, Hope, and Government Overreach

16:08 - Free Will, Clown World, and Observations

20:06 - Ownership vs. Possession in Bitcoin

23:07 - Confidence, Satoshis, and Identity

29:20 - Bitcoin as the Internet’s Missing Layer

30:31 - FUD, Media, and Psychological Filters

33:34 - Stoicism, Thought, and Reality Control

38:09 - Past Regrets and Mindfulness in the Moment

41:35 - Thought Observation and Creative Flow

44:23 - Reflection, Growth, and Staying Grounded

46:49 - Generational Wealth and Responsibility

50:24 - Infinity Divided by 21 Million

52:15 - Can Bitcoin Be Broken?

54:42 - Final Thoughts

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with the most interesting Bitcoiner out there, George Bodine. He opens up about his unshakable Bitcoin conviction, the painful distance it’s caused with his son, and his deep desire to leave behind generational wealth and wisdom.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• George Bodine on X: https://x.com/Jethroe111

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:16 - The Most Interesting Bitcoiner

03:00 - From Fighter Jets to Fine Art

04:40 - Trailer Parks, Childhood, and Grit

07:18 - The Top Gun Years

09:27 - Stories About Tom Cruise and Life Lessons from Top Gun

11:50 - Post-Navy Hustles: Cab Driving and Cop Life

16:06 - Reinvention and Resilience

18:26 - Art, Creativity, and Mining Behind the Canvas

22:19 - Living the Bitcoin Life

26:14 - Advice to Plebs Still Grinding

29:52 - What If You Were a Young, Free Bitcoiner?

35:01 - Facing Fear and Surviving Tough Times

41:18 - Shark Encounter While Scuba Diving

43:40 - Bowhunting Elk and the Challenge of Nature

45:39 - Roman History, Plebs, and Humility

48:53 - Freedom, Kindness, and a Life Well-Lived

53:50 - Envy, Wealth, and the Bitcoin Divide

55:49 - Father’s Day Reflections and Family

01:01:04 - Leaving a Legacy and Having Enough

01:06:18 - Final Reflections: Honor, Kindness, and Purpose

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!

In this episode, I chat with Pablo from Panties for Bitcoin, a family-run business that designs high-quality undergarments. He shares the economic realities of Argentina, the dangers of hyperinflation, and the passion behind creating a slow-fashion Bitcoin brand.

––– Offers & Discounts –––

Theya is the world’s simplest Bitcoin self-custody solution. Download Theya Now at theya.us/cedric

Get up to $100 in Bitcoin on River at river.com/Matrix

The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order.

Become a sponsor of the show: https://thebitcoinmatrix.com/sponsors/

––– Get To Know Today's Guest –––

• Panties for Bitcoin on X: https://x.com/PantiesBitcoin

• Panties for Bitcoin on Nostr: npub16xcnlkwcvrasle96yzpqywqy5hqyku483lwk843a0r70gsmr4r9sa7np3r

––– Socials –––

• Check out our new website at https://TheBitcoinMatrix.Com

• Follow Cedric Youngelman on X: https://x.com/cedyoungelman

• Follow The Bitcoin Matrix Podcast on X: https://x.com/_bitcoinmatrix

• Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs

––– Chapters –––

00:00 - Intro

01:00 - From Argentina to Canada: A Family Business Legacy

03:00 - Early Career in Underwear Manufacturing

05:00 - Economic Crisis & Emigration Story

08:00 - Hyperinflation in Argentina Explained

10:30 - First Encounters with Bitcoin

13:00 - Cancer Diagnosis & a Life-Changing Pivot

16:00 - Creating a Bitcoin-Centric Brand

18:00 - Getting the Family on Board with Bitcoin

20:00 - Bitcoin Conferences & Community Growth

23:00 - Trading vs. Building Value

25:00 - Bitcoin-Only Business Philosophy

27:00 - The Role of Design & Quality in Their Brand

30:00 - Embracing “Slow Fashion” on a Bitcoin Standard

32:00 - Working with Family & Bitcoin-Fueled Unity

34:00 - Lessons on Uncertainty, Growth & Inspiration

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.

Thank you for listening!