Bitcoin & Crypto Is A Threat To The Banks!
Anthony Pompliano
Mike Cagney is the Founder and Executive Chairman of Figure. (https://figuremarkets.co/fm) In this conversation we discuss taking Figure public, how block-chain native securities unlock new markets, the rise of DeFi, bitcoin backed loans, and how Figure is modernizing financial infrastructure.
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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 finance 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 - Why bitcoin backed loans and how it works
43:20 - Advice for entrepreneurs
45:14 - What Figure’s future looks like