BTC248: Bitcoin’s Institutional Wave w/ Willy Woo, Max Kei, Efrat Fenigson, and Preston Pysh at Baltic Honeybadger (Bitcoin Podcast)

You're listening to TIP. Hey, everyone. Welcome to this Wednesday's release of the Bitcoin Fundamentals podcast. So last week, I had the pleasure of participating in the Bitcoin Honey Badger conference over in Riga, Latvia. And on one of the panels, we were talking about whether the institutional wave that's currently sweeping Bitcoin is a good thing or if this is some type of Trojan horse to capture the protocol. And this was a really fun conversation. We had Willie Wu, we had Max Kai, we had Effort Fenigsen, and everybody just brought some really unique insights to the conversation. And I wanted to share the panel with the podcast, so I reached out to Max and Anna, who run Debitfy and HODL HODL, which are the ones responsible for, putting this whole conference together. And they were kind enough to let me resyndicate this onto the podcast. And with that, I hope you guys enjoy the conversation. It was a fun one. Celebrating ten years. You are listening to Bitcoin Fundamentals by The Investor's Podcast Network. Now for your host, Preston Pysh. Being your moderator today is the star and the host of the You're the Voice podcast, Efrat Pfannigstern. I don't know if you guys have listened to her podcast. If you haven't, you 100% should Efrat please come up onto the stage. Thank you so much. I have been a guest. Yes. That's true. Max Kai, you need no introduction. He's back. Max is back here. Thank you. Preston, you're back up on the stage to talk about this one as well, and Willie Wu is just making himself up here. So Willie, thank you. Willie all the way from New Zealand. Thank you very much, Willie, for coming across. And the the title of this panel is Bitcoin's institutional phase, Trojan horse or tipping point. And just to help get this one spiced up a little bit, did you guys see American HODL's meme, who's Trojan horsing who? No? That was very interesting. And his message behind that was, are we being Trojan horsed by the institutional adoption? So, anyway, off to the panel. Thank you very much, guys. Give him a big round of applause. Okay. Thank you for being with us after lunch. I'm sure you would have preferred being in the sun, but we are going to be just as shiny. In the past twelve to eighteen months, Bitcoin has entered a clear institutional phase, ETFs, treasury companies, mainstream stacking. But Bitcoin was not originally built for Wall Street. Bitcoin evolution is being shaped at the moment, not just by ideology, but by capital flows. As someone who truly appreciates self sovereignty and freedom, me, I'm opening myself up to this inevitable evolution of Bitcoin in our fiat reality, and I'm learning much about it. So I'm keen to have this discussion with these three masterminds. The overarching question here is, are we seeing a trend horse or a real tipping point? And …