Bitcoin Treasury Companies are Reshaping TradFi with Kane McGuckin | SLP682 @kanemcgukin joins me to discuss the risks with BTCTCs, equity vs preferred shares, and why Bitcoin related education matters more than ever in volatile markets. (00:00) - Intro (02:16) - Kane’s skepticism around BTCTCs (05:37) - What are the possible risks to consider for a BTCTC? (09:53) - Strategy orange-pilled retail investors through the success of $MSTR (12:13) - How do Auction Rate Securities work?; Comparing with Strategy's $STRC (21:51) - What is your time horizon for Bitcoin & BTCTCs? (29:10) - Does the retail crowd understand Bitcoin? Are BTCTCs a good route for Bitcoin exposure? (41:31) - Understanding the risks in Bitcoin Treasury Companies (46:14) - Long term perspectives on Bitcoin and BTCTCs; The importance of NgU (51:14) - Bitcoin’s future ft. Power Law; Leveraging equity in Bitcoin investments (1:00:12) - Innovations in Bitcoin Financial Products; The importance of Bitcoin education through BTCTCs (1:13:16) - Closing thoughts