{"podcast":{"title":"The Bitcoin Matrix","slug":"the-bitcoin-matrix-2537137","podcast_index_feed_id":2537137,"rss_url":"https://feeds.fountain.fm/paBeJqepFBns3bT2OAtC","website_url":"http://bitcoinmatrix.libsyn.com/website","image_url":"https://feeds.fountain.fm/paBeJqepFBns3bT2OAtC/files/COVER_ART---DEFAULT---effa9a4e-bebf-4845-9469-198037e3df43.jpg","author":"Cedric Youngelman","episode_count":286,"summary":"Let's explore Bitcoin, the future of money and the social, cultural, economical and philosophical implications of this new technology. Hosted by Cedric Youngelman.","last_synced_at":"2026-07-26T18:18:32.690390+00:00","page_url":"https://stenobird.com/podcast/the-bitcoin-matrix-2537137"},"episode":{"title":"Matt Cole — He Built a Stock That Pays You Every Day","slug":"matt-cole-he-built-a-stock-that-pays-you-every-day","published_at":"2026-06-01T09:00:29+00:00","page_url":"https://stenobird.com/podcast/the-bitcoin-matrix-2537137/matt-cole-he-built-a-stock-that-pays-you-every-day","show_page_url":"https://stenobird.com/podcast/the-bitcoin-matrix-2537137","url":"https://fountain.fm/episode/46r4dfJAJwKLxEchp75u","audio_url":"https://feeds.fountain.fm/paBeJqepFBns3bT2OAtC/items/PGyfTR0UuPdj8xIX2EQE/files/AUDIO---DEFAULT---6fadc35f-96be-4ac4-859b-41c70aca9bb4.mp3","summary":"Matt Cole spent fifteen years at CalPERS — the largest public pension fund in the U.S. — running more than $70 billion in global fixed income, where his portfolios reportedly never underperformed their benchmark in a single year. Today he's Chairman & CEO of Strive (Nasdaq: ASST), the first publicly traded asset-management Bitcoin treasury company — and the man who just made a security pay a dividend every single business day, the first time that's ever happened in U.S. market history. This is the structured-finance mind behind \"digital credit\" — the idea that you can split a perpetual Bitcoin position into two instruments: a low-volatility, yield-bearing preferred (SATA, now paying daily) and the amplified Bitcoin common stock underneath it. Matt explains why he calls digital credit the biggest story in Bitcoin, how a zero-debt balance sheet survives Bitcoin going \"to one penny tomorrow,\" and why he's laser-focused on a thirty-year digital gold rush. If you've ever wondered what happens when a Wall Street fixed-income operator goes all-in on Bitcoin — this is it. We discuss: The first security in U.S. market history to pay a dividend every business day — and why \"the dividend event is no longer an event\" Digital credit as the biggest story in Bitcoin — attacking a $300 trillion TAM, where 1% is larger than Bitcoin's entire market cap today Zero debt and 18 months of dividend reserves — why \"Bitcoin could go to one penny tomorrow and we don't blow up\" Why Michael Saylor called Strive's SATA the most interesting story in Bitcoin right now \"Bitcoin is hope\" — the line that closes the show Subscribe so you never miss an episode. 🎙️ GUEST Matt Cole @ColeMacro → x.com/ColeMacro Strive (Nasdaq: ASST) → strive.com 💰 SPONSORS & DISCOUNTS 🐟 Firefish — Non-custodial Bitcoin-back…","meta_description":"Matt Cole spent fifteen years at CalPERS — the largest public pension fund in the U.S. — running more than $70 billion in global fixed income, where his p…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4352,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-bitcoin-matrix-2537137/episodes/matt-cole-he-built-a-stock-that-pays-you-every-day/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-bitcoin-matrix-2537137/matt-cole-he-built-a-stock-that-pays-you-every-day.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}