Caitlin Long, Founder & CEO of Custodia Bank joins me to talk about the recent collapses in various crypto debt projects and products. We explore the risks of leverage in the system, the prevalence of crypto scams, and why regulation may be coming sooner than we think due to these recent events. We also talk about Bitcoin Maximalism and the importance of the Bitcoin Hash Rate.Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanbitcoin.com/private/GuestCaitlin's Twitter Account: https://Twitter.com/CaitlinLongPODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400 Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYI Outline00:00:00 “What is Money” Intro00:00:08 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:37 Caitlin's background00:04:19 Leverage in the System, Bitcoin Bull/Bear Markets00:09:47 Why is this time different?00:14:59 Market Cycles, S2F & Price Models00:21:18 Explaining why "Yield on Bitcoin" is not Sustainable00:26:52 The Importance of Self-Custody00:29:35 Fractional Reserves, One to One Leverage00:33:12 Difference between being "Licensed" & being "Regulated"00:38:03 Watch "Hard Money with Natalie Brunell" From Swan Studios & Bitcoin Magazine!00:38:49 Take Control of Your Healthcare with CrowdHealth!00:39:58 Is Regulation coming?00:42:19 Explaining the Damage & Ramifications of Crypto Crashes00:45:49 Are there other use cases for Blockchain & Crypto Projects?00:53:08 Could Decentralization be Achieved again?01:00:13 Discussing Bitcoin Maximalism & Culture01:07:31 What type of Indicator is Hash Rate & how do you explain it?01:11:45 Lightning Network & Final Thoughts01:15:58 Where to find Caitlin's work01:16:25 "What is Money" OutroSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22 WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/ WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=true RECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanbitcoin.com/private/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveOkcoin is an innovative and education-focused cryptoasset exchange platform—earn $50 in free Bitcoin by signing up at: https://okcoin.com/breedloveJoin Me At Bitcoin 2023, pre-order your tickets now (use discount code BREEDLOVE): https://b.tc/conference/2023Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/