Zortix matched this thesis to Crypto & blockchain ETFs as one way for retail investors to get exposure. Not a recommendation.
Full-stack issuers capture more value
The case was made that full-stack issuance platforms like Ramp and Reap justify high valuations by collapsing the traditional card stack and capturing more value.
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The story so far
CONTESTED · 187 MENTIONS · 86 EPISODES · 27 SHOWS
14 JUL 2025 — 16 AUG 2026 · 2D AGO
111 SUPPORT · 9 CHALLENGE · 67 MENTIONED
- MACRO MUSINGS WITH DAVID BECKWORTH
5 EPISODES BETWEEN · 11 MENTIONS · 26 NOT KEPT
- 26 EPISODES NOT SHOWN
- MACRO MUSINGS WITH DAVID BECKWORTH · 6 MENTIONS
- Unbundling money from payments for better systems
- Good payments driving out good money
- Stablecoin vulnerability illustrated by USDC's SVB moment · CHALLENGES
- Future bailouts of stablecoins to protect Treasury market
- Open access to Fed infrastructure for non-banks
- OCC trust charters as a backdoor 'light bank' charter
- FINTECH INSIDER PODCAST BY 11:FS
- MACROVOICES · 2 MENTIONS
- FORWARD GUIDANCE
- THE COMPOUND AND FRIENDS
- ON THE MARGIN · 6 MENTIONS
47 EPISODES BETWEEN · 96 MENTIONS
- FORWARD GUIDANCE · 2 MENTIONS
- THE POMP PODCAST
- CAPITAL ALLOCATORS · 2 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH · 3 MENTIONS
- WHAT BITCOIN DID · 3 MENTIONS
- BANKLESS
- SMARTERMARKETS · 2 MENTIONS
- ANIMAL SPIRITS · 5 MENTIONS
- THE POMP PODCAST
- THE POMP PODCAST
- BANKLESS
- MACRO MUSINGS WITH DAVID BECKWORTH
- ON THE MARGIN · 5 MENTIONS
- FORWARD GUIDANCE · 3 MENTIONS
- THE JULIA LA ROCHE SHOW · 2 MENTIONS
- THE POMP PODCAST
- MACRO MUSINGS WITH DAVID BECKWORTH
- ON THE MARGIN
- BANKLESS · 5 MENTIONS
- ON THE MARGIN
- THE POMP PODCAST · 3 MENTIONS
- REAL VISION DAILY BRIEFING
- WHAT BITCOIN DID · 2 MENTIONS
- ON THE MARGIN · 3 MENTIONS
- ON THE MARGIN · 2 MENTIONS
- REAL VISION DAILY BRIEFING
- THE OPTIONS INSIDER RADIO NETWORK
- UNCHAINED · 3 MENTIONS
- BANKLESS · 4 MENTIONS
- BLOOMBERG SURVEILLANCE
- THE JULIA LA ROCHE SHOW
- THE POMP PODCAST
- ANIMAL SPIRITS
- BANKLESS
- BANKLESS
- UNCHAINED
- UNCHAINED · 3 MENTIONS
- A16Z PODCAST
- MACRO MUSINGS WITH DAVID BECKWORTH · 3 MENTIONS
- BANKLESS · 7 MENTIONS
- THE POMP PODCAST · 3 MENTIONS
- UNCHAINED
- BANKLESS · 2 MENTIONS
- WHAT BITCOIN DID · 2 MENTIONS
- THE POMP PODCAST
- UNCHAINED
- ON THE MARGIN · 3 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH · 2 MENTIONS
- WHAT BITCOIN DID · 2 MENTIONS
- UNCHAINED
- THE POMP PODCAST
- BANKLESS · 3 MENTIONS
- MONETARY MATTERS WITH JACK FARLEY
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD