# Meet Them Where They're At, Give Them What They're Used To | Garrett Johnston

Page: https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909/meet-them-where-they-re-at-give-them-what-they-re-used-to-garrett-johnston
Text version: https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909/meet-them-where-they-re-at-give-them-what-they-re-used-to-garrett-johnston.md
Podcast: [The Bitcoin Treasuries Podcast with Tim Kotzman](https://stenobird.com/podcast/the-bitcoin-treasuries-podcast-with-tim-kotzman-7117909)
Published: 2026-06-23T17:21:06+00:00
Episode link: https://podcasters.spotify.com/pod/show/timothy-kotzman/episodes/Meet-Them-Where-Theyre-At--Give-Them-What-Theyre-Used-To--Garrett-Johnston-e3l6es3
Audio file: https://anchor.fm/s/fd394588/podcast/play/121895235/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-23%2F426696083-44100-2-681f15258bc7a.mp3
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Duration seconds: 4018

## Resource

Garrett Johnston, Senior Vice President of Digital Assets at Marsh, returns to the show to discuss how institutions evaluate risk, Risk Based Capital, and Institutional Grade Digital Credit. Disclaimer: NOT FINANCIAL ADVICE - For entertainment purposes only. Tim Kotzman on X: https://x.com/TimKotzman Garrett Johnston on X: https://x.com/garrettoj 0:00 - Intro 0:10 - Garrett’s career in insurance 6:12 - How institutions evaluate risk 18:00 - What is Risk Based Capital? 25:13 - What would be concerning to an institution? 37:05 - Par, peg, and de-peg 40:14 - Digital Credit in a bear market 45:14 - How do Bitcoin Treasury company executives talk to retail vs institution? 54:00 - Why haven’t Bitcoin Treasury executives been more public in their conviction? 1:03:19 - Institutional Grade Digital Credit #podcast #bitcoin #microstrategy #investing #mstr #btc

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## Transcript

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