August 13, 2025
BTC247: Bitcoin's evolution with Traditional Finance w/ Jon Melton (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast NetworkAbout this episode
Preston sits down with Jon Melton to explore his shift from Morgan Stanley to Bitcoin, insights on Silvergate Bank’s crypto strategy, and the future of Bitcoin-backed finance. They delve into lending models, the impact of regulation, and how Jon sees banks engaging with digital assets going forward. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:31 - How Jon transitioned from Morgan Stanley to the Bitcoin world. 06:32 - The impact of Wences Casares on Jon’s Bitcoin conviction. 08:43 - What made Zappo a pioneer in Bitcoin custody. 09:42 - Silvergate Bank’s unique approach to cryptocurrency banking. 14:50 - Reasons behind Silvergate’s decision to wind down operations. 20:09 - The importance of over-collateralization in Bitcoin lending. 23:10 - Why Unchained avoids rehypothecation in its lending model. 27:25 - How Bitcoin loans might integrate with real estate in the future. 33:38 - The Federal Reserve vs. Treasury Department on stablecoin policy. 37:49 - Why Jon remains bullish on Bitcoin and its role in future finance. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Website: Unchained Capital . Related Article: Revisiting Unchained’s Core Lending Principles by Jon Melton . Related article: Core Lending Principles . Related article: The Plot to Destroy Silvergate by Nic Carter . Related Video: Banking, Crypto, and an Upcoming Regulatory Overhaul with Caitlin Long and John Maxfield . Check out all the books mentioned and discussed in our podcast episodes here . Enjoy ad-free episodes when you subscribe to our Premium Feed . NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok . Check out our Bitcoin Fundamentals Starter Packs . Browse through all our episodes (complete with transcripts) here . Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool . Enjoy exclusive perks from our favorite Apps and Services . Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter . Learn how to better start, manage, and grow your business with the best business podcasts . SPONSORS Support our free podcast by supporting our sponsors : Simple Mining HardBlock AnchorWatch Human Rights Foundation Linkedin Talent Solutions Vanta Unchained Onramp Netsuite Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm