{"podcast":{"title":"Hell Money","slug":"hell-money-5593039","podcast_index_feed_id":5593039,"rss_url":"https://anchor.fm/s/9968c7a4/podcast/rss","website_url":"https://hellpodcast.money","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/25637809/25637809-1653267769204-c062aef70f2a1.jpg","author":"Hell Money","episode_count":95,"summary":"A weekly podcast from two Bitcoin enthusiasts. Each week Casey and Erin discuss a different aspect of Bitcoin's technology, culture, and vibe.","last_synced_at":"2026-07-16T08:22:18.947963+00:00","page_url":"https://stenobird.com/podcast/hell-money-5593039"},"episode":{"title":"BITCOIN TREASURY COMPANIES ARE IN A DEATH SPIRAL","slug":"bitcoin-treasury-companies-are-in-a-death-spiral","published_at":"2025-10-29T19:00:00+00:00","page_url":"https://stenobird.com/podcast/hell-money-5593039/bitcoin-treasury-companies-are-in-a-death-spiral","show_page_url":"https://stenobird.com/podcast/hell-money-5593039","url":"https://podcasters.spotify.com/pod/show/hellmoney/episodes/BITCOIN-TREASURY-COMPANIES-ARE-IN-A-DEATH-SPIRAL-e3a61ob","audio_url":"https://anchor.fm/s/9968c7a4/podcast/play/110347467/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-9-28%2F410145760-44100-2-cae8ae40c6c86.mp3","summary":"On our spooky Halloween special, we're suiting up as Taylor Swift and Travis Kelce to talk about the new phase of Bitcoin where everyone is copying Michael Saylor and calling it a strategy.We dive into Bitcoin treasury companies, yield chasing, and asking the spooky questions: can anyone actually reproduce Saylor’s results, or is this the end of the corporate Bitcoin era?Topics discussed:- How traditional finance bros are engineering yield on Bitcoin- Michael Saylor’s Strategy- Why guilt is a sin (and yield might be too)- The “Great Script Restoration” BIP and the possible end of 4 meggers- The existential crisis of making a Bitcoin podcast when everyone just wants bullish hopium- And Seasonal Runes??Get bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys ORDINALS SATSCARDS: https://shop.inscribing.com/products/ordinals-satscardTIMESTAMPS0:00 Intro, Travis Kelce & Taylor Swift, The Life of a Showgirl album review7:45 Strategy, financial instruments & engineering9:50 Zk Shark's substack article about Michael Saylor & Bitcoin treasury companies14:45 Guilt is a sin, everyone is chasing yield on Bitcoin18:00 Strategy derivatives: Punk Strategy, Node Strategy, Pizza Strategy, Puppet Strategy21:30 Hell Money Podcast existential crisis26:20 Bitcoin treasury company death spiral28:20 Great Script Restoration BIP31:45 The end of 4meggers?37:50 Seasonal Runes45:40 Ordinals satscards47:50 Sora AI","meta_description":"On our spooky Halloween special, we're suiting up as Taylor Swift and Travis Kelce to talk about the new phase of Bitcoin where everyone is copying Michae…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3332,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/hell-money-5593039/episodes/bitcoin-treasury-companies-are-in-a-death-spiral/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/hell-money-5593039/bitcoin-treasury-companies-are-in-a-death-spiral.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}