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SECTOR ETFBITQBLOKBEARISHIn depth · 4/5

Zortix matched this thesis to Crypto & blockchain ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.

Stablecoins threatening bank business models

The guest argued that a statecraft-driven shift to T-bill-backed stablecoins could pressure banks to reorient lending toward productive capital, threatening their traditional consumer/financial loan focus.

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The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day. No card required.

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
  1. 14 JUL 2025 · FIRST HEARD
    MACRO MUSINGS WITH DAVID BECKWORTH
  2. 26 EPISODES NOT SHOWN
  3. 9 FEB 2026
    MACRO MUSINGS WITH DAVID BECKWORTH · 6 MENTIONS
  4. 19 FEB 2026
    FINTECH INSIDER PODCAST BY 11:FS
  5. 19 FEB 2026
    MACROVOICES · 2 MENTIONS
  6. 50 EPISODES BETWEEN · 104 MENTIONS
    1. 25 FEB 2026
      FORWARD GUIDANCE
    2. 27 FEB 2026
      THE COMPOUND AND FRIENDS
    3. 1 MAR 2026
      ON THE MARGIN · 6 MENTIONS
    4. 5 MAR 2026
      FORWARD GUIDANCE · 2 MENTIONS
    5. 10 MAR 2026
      THE POMP PODCAST
    6. 12 MAR 2026
      CAPITAL ALLOCATORS · 2 MENTIONS
    7. 16 MAR 2026
      MACRO MUSINGS WITH DAVID BECKWORTH · 3 MENTIONS
    8. 18 MAR 2026
      WHAT BITCOIN DID · 3 MENTIONS
    9. 20 MAR 2026
      BANKLESS
    10. 21 MAR 2026
      SMARTERMARKETS · 2 MENTIONS
    11. 23 MAR 2026
      ANIMAL SPIRITS · 5 MENTIONS
    12. 24 MAR 2026
      THE POMP PODCAST
    13. 25 MAR 2026
      THE POMP PODCAST
    14. 30 MAR 2026
      BANKLESS
    15. 30 MAR 2026
      MACRO MUSINGS WITH DAVID BECKWORTH
    16. 31 MAR 2026
      ON THE MARGIN · 5 MENTIONS
    17. 1 APR 2026
      FORWARD GUIDANCE · 3 MENTIONS
    18. 1 APR 2026
      THE JULIA LA ROCHE SHOW · 2 MENTIONS
    19. 1 APR 2026
      THE POMP PODCAST
    20. 6 APR 2026
      MACRO MUSINGS WITH DAVID BECKWORTH
    21. 7 APR 2026
      ON THE MARGIN
    22. 7 APR 2026
      BANKLESS · 5 MENTIONS
    23. 9 APR 2026
      ON THE MARGIN
    24. 9 APR 2026 · CHALLENGES
      THE POMP PODCAST · 3 MENTIONS
    25. 10 APR 2026
      REAL VISION DAILY BRIEFING
    26. 15 APR 2026
      WHAT BITCOIN DID · 2 MENTIONS
    27. 20 APR 2026
      ON THE MARGIN · 3 MENTIONS
    28. 23 APR 2026
      ON THE MARGIN · 2 MENTIONS
    29. 22 JUL 2026 · 4W AGO
      REAL VISION DAILY BRIEFING
    30. 23 JUL 2026 · 4W AGO
      THE OPTIONS INSIDER RADIO NETWORK
    31. 23 JUL 2026 · 4W AGO
      UNCHAINED · 3 MENTIONS
    32. 23 JUL 2026 · 4W AGO
      BANKLESS · 4 MENTIONS
    33. 23 JUL 2026 · 4W AGO
      BLOOMBERG SURVEILLANCE
    34. 25 JUL 2026 · 3W AGO · CHALLENGES
      THE JULIA LA ROCHE SHOW
    35. 25 JUL 2026 · 3W AGO
      THE POMP PODCAST
    36. 27 JUL 2026 · 3W AGO
      ANIMAL SPIRITS
    37. 27 JUL 2026 · 3W AGO
      BANKLESS
    38. 29 JUL 2026 · 3W AGO
      BANKLESS
    39. 29 JUL 2026 · 3W AGO
      UNCHAINED
    40. 31 JUL 2026 · 3W AGO
      UNCHAINED · 3 MENTIONS
    41. 1 AUG 2026 · 2W AGO
      A16Z PODCAST
    42. 3 AUG 2026 · 2W AGO
      MACRO MUSINGS WITH DAVID BECKWORTH · 3 MENTIONS
    43. 3 AUG 2026 · 2W AGO
      BANKLESS · 7 MENTIONS
    44. 3 AUG 2026 · 2W AGO
      THE POMP PODCAST · 3 MENTIONS
    45. 4 AUG 2026 · 2W AGO
      UNCHAINED
    46. 5 AUG 2026 · 2W AGO
      BANKLESS · 2 MENTIONS
    47. 5 AUG 2026 · 2W AGO
      WHAT BITCOIN DID · 2 MENTIONS
    48. 5 AUG 2026 · 2W AGO
      THE POMP PODCAST
    49. 6 AUG 2026 · 2W AGO
      UNCHAINED
    50. 9 AUG 2026 · 1W AGO
      ON THE MARGIN · 3 MENTIONS
  7. 10 AUG 2026 · 1W AGO
    MACRO MUSINGS WITH DAVID BECKWORTH · 2 MENTIONS
  8. 10 AUG 2026 · 1W AGO
    WHAT BITCOIN DID · 2 MENTIONS
  9. 11 AUG 2026 · 1W AGO
    UNCHAINED
  10. 11 AUG 2026 · 1W AGO
    THE POMP PODCAST
  11. 14 AUG 2026 · 4D AGO
    BANKLESS · 3 MENTIONS
  12. 16 AUG 2026 · 2D AGO
    MONETARY MATTERS WITH JACK FARLEY
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD
NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE