The Income Show is back with host Joe Burnett and BritishHODL, who argues that Bitcoin’s problem wasn’t gold or AI: it became boring. They discuss why ETF investors may be the real diamond hands, BlackRock’s Bitcoin strategy, and the trade-offs of self-custody. They also explore SATA, STRC, Bitcoin-backed savings accounts, and borrowing against Bitcoin without selling.

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Timestamps

0:00 - Intro

1:19 - From Real Estate and Gold to Bitcoin

5:03 - Bitcoin as the Investment Hurdle Rate

7:07 - What Holds Back Bitcoin Adoption?

9:55 - Interest Rates, Debt and Global Liquidity

14:49 - Does the ISM PMI Still Matter for Bitcoin?

17:19 - Gold, AI and Why Bitcoin Became Boring

24:20 - BlackRock, IBIT and In-Kind Conversions

34:50 - Self-Custody vs. Bitcoin ETFs

38:35 - Plugging Bitcoin Into Global Finance

42:05 - Digital Credit, SATA and STRC

44:42 - Could Bitcoin Power High-Yield Savings Accounts?

50:22 - Bitcoin Purists, Borrowing and Generational Wealth

58:15 - Closing Thoughts

Disclaimer:

The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.

True North does not intend for anything herein to be considered an offer or sale of any securities, including those of Strive. True North encourages listeners to consult with their tax and investment advisors. Additional information on any securities or issuers referenced herein can be found in such issuers’ filings with the Securities and Exchange Commission (“SEC”), including any registration statements, prospectuses and prospectus supplements for each issuers’ securities. Listeners should read such documents and other documents incorporated by reference therein or that such issuer has filed with the SEC for more complete information. You may get these documents for free by visiting EDGAR on the SEC website at [www.sec.gov](http://www.sec.gov).*

Any securities referred to herein, including those of True North’s parent Strive, are not collateralized by underlying bitcoin holdings and may be subordinated to senior claims. There are no guarantee of returns liquidity or future performance. The securities referred to herein are neither bank deposits, nor FDIC insured, nor regulated in the same way, and do not have the same regulatory and other protections as bank accounts, money market funds, treasuries, or similar investments and as a result may not be comparable investments. Current trading prices and effective yields may vary, current rates are not indicative of future rates, and in some cases rates are subject to frequent adjustments and may be significantly lower than discussed herein. Cash dividends are not guaranteed. In some cases, dividends have not been paid and may not be paid in the future. Ownership of securities referred to in herein does not confer ownership in the underlying assets, including bitcoin.