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Bitcoin-Backed Loans Are the Future
Today I'm joined by Mike Cagney, the co-founder and CEO of Figure. We discuss taking figure public, Bitcoin-backed loans, launching a stablecoin, the regulatory environment, and more.
🖥️ From The Desk of Anthony Pompliano
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Pomp writes a daily letter to over 270,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: https://pomp.substack.com/
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⏰ TimeStamps:
0:00 - Intro
1:17 - Taking Figure public and why it’s good for business
4:58 - Opportunities to improve financial infrastructure
17:32 - Why it’s the “golden moment" for DeFi
18:52 - Are regional banks in trouble?
20:51 - Launching a stable coin and GENIUS Act
25:45 - The regulatory shift and now having political support
29:48 - Partnerships and consolidation in the industry
38:33 - Figure is modernizing financial infrastructure
39:01 - Bitcoin backed loans and how it works
43:20 - Advice for entrepreneurs
45:14 - Figure's plan for the future
#Bitcoin #AnthonyPompliano #Pomp
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