Explore every episode of the podcast Old Men, New Money®: Bitcoin, Blockchain & Tokenization

The Future of Sports and Entertainment: Decentralized Ownership and the Role of Web3

In this episode of Old Men New Money, Phil Larmon discusses the systemic issues plaguing the sports and entertainment distribution models. He argues that the current system is fundamentally broken due to the disappearance of scarcity, leading to economic collapse and fragmentation in media consumption. Phil breaks down how Web3 technology can solve these problems by introducing scalable ownership models, decentralized content creation, and peer-to-peer betting. He explains how tokenized media distribution can align the interests of fans, creators, athletes, and leagues, making them stakeholders rather than mere consumers. The episode concludes with a look at how this shift will permanently change the economics of sports and entertainment.

00:00 Introduction: The Broken Distribution Model

01:43 The Collapse of Scarcity in Media

03:06 The Rise of Fan Ownership

04:52 Web3: The Future of Media Distribution

05:59 The Streaming Dilemma

07:43 Tokenized Media and Fan Engagement

12:07 Decentralized Betting and the Future of Sports

13:11 The Inevitable Shift to Tokenized Media

17:12 Conclusion: Rewriting the Economics of Entertainment

Revolutionizing Sports Wealth: Athlete Tokenization's Bright Future

In this episode of Old Men New Money, Phil Larmon explores the concept of athlete tokenization as a solution to the financial and identity crises that athletes often face. He differentiates between economically sound tokenization and the hype around NFTs and digital collectibles. He critiques the early attempt by Fantex and explains why it failed due to the absence of supportive laws, technology, and cultural acceptance at the time. Larmon then discusses the modern landscape where high school and college athletes can monetize legally, paving the way for sustainable tokenization. He emphasizes the need for an aligned ecosystem involving agents, managers, and professional associations to ensure these investments are ethical and beneficial for athletes. The episode also explores the potential long-term benefits of tokenization, including post-career earnings and stronger fan engagement, ultimately providing athletes with financial and identity stability throughout and after their careers.

00:00 Introduction to Athlete Tokenization

00:39 The Structural Problems in Sports

02:09 The Fantex Experiment

05:26 The Modern Landscape of Athlete Tokenization

06:12 Case Studies: Potential and Real Examples

13:35 The Role of Agents and Managers

15:32 Post-Career Monetization

18:46 The Four Conditions for Successful Tokenization

20:42 Conclusion and Future Insights

The Blueprint of Tokenization in Modern Entertainment: Real Ownership and Participation

In Episode 22, host Phil Larmon shifts from the 'why' of fan ownership to the 'how', detailing the mechanics behind tokenization within the entertainment industry. This episode delves into how tokenization collapses the traditional layers of access, ownership, and monetization, using blockchain technology to create verifiable, programmable, and transparent ecosystems. Larmon explores practical applications such as tokenized ticketing, fan access, compliant equity models, media distribution, loyalty pipelines, and real-world authentication. He emphasizes that tokenization is transforming everything from music and film to sports and digital collectibles by shifting fans from passive consumers to active participants with real economic stakes. The episode highlights current implementations and future predictions, asserting that regulated, transparent tokenization will revolutionize entertainment.

00:00 Introduction and Recap

00:56 The Blueprint for Fan Ownership

02:04 Tokenized Ticketing Revolution

03:59 Fan Access and Engagement

05:47 Compliant Equity Models

07:25 Media Distribution Tokens

08:58 Loyalty to Equity Pipelines

10:03 Authentication and Digital Twins

11:01 The New Fan Economy

12:01 Real-World Applications and Future Predictions

15:31 Regulation and Compliance

18:39 Conclusion and Next Episode Preview

Fan Ownership in Sports and Entertainment: The Future of Digital Securities

In this episode of 'Old Men New Money,' Phil Larmon dives into how digital securities can revolutionize the sports and entertainment industries. By applying the concepts of digital assets, compliance, and tokenization, fans, athletes, and creators can all benefit in unprecedented ways. Larmon illustrates how stadium districts can be tokenized, offering fans real, fractional ownership and creating new economic alignments between stakeholders. He also discusses the potential for regulated digital securities to transform fan participation, support athletes' financial health, and reshape the entertainment industry. The future of fan ownership is explored through practical examples and the promise of a more inclusive, economically aligned model.

00:00 Introduction to the Series

00:55 The Emotional Power of Sports and Entertainment

01:47 The Problem with the Old Model

02:17 The Promise of Digital Securities

03:55 Stadium Districts: The Future of Sports Real Estate

06:12 Fan Tokens vs. Real Ownership

11:35 The Role of Digital Securities in Entertainment

12:34 The Future of Fan Ownership

14:28 Conclusion and Next Steps

The Rise of Community Marketing Officers: Transforming Customer Advocacy

In this episode of 'Old Men, New Money,' Douglas Borthwick discusses the emergence of community marketing officers (CMOs), who differ from traditional chief marketing officers. CMOs are customer investors actively involved in promoting the business, motivated by their financial stakes in the company's success. Borthwick covers effective CMO program structures, the importance of compliance, and the impact of aligning ownership with advocacy incentives. He provides practical guidelines for businesses to implement CMO programs and discusses the future potential of this marketing strategy. Real-world examples from Web3 projects and insumer companies are highlighted to showcase the effectiveness of community-driven marketing.

00:00 Introduction to Community Marketing Officers

01:23 The Power of Customer Investors

04:19 Structures for Incentivizing CMOs

06:32 Legal Considerations and Compliance

08:07 Implementing a CMO Program

09:33 Web3 Examples of Community Marketing

11:03 Measuring CMO Program Success

13:03 Common Mistakes and Risks

16:28 Future of Community Marketing

19:13 Conclusion and Resources

Explore further with my books, The Insumer Model and Your Equity in Your Pocket, both available on Amazon.

Integrating Marketing and Investor Relations: The Insumer Model Explained

In this episode of Old Men New Money, Douglas Borthwick delves into the convergence of marketing and investor relations departments through the insumer model. Traditionally, these two business functions operate in isolation, but when combined, they create unique competitive advantages. The insumer model transforms customer loyalty into an investment thesis and integrates brand loyalty with equity appreciation. Real-world examples, such as Blue Mountain Coffee, demonstrate how businesses can benefit from this integrated approach by converting emotional ownership into financial ownership. The episode also discusses practical steps for implementing the insumer model, including customer acquisition, capital raising, measuring ROI, and maintaining privacy. With references to extensive market research and successful case studies, Borthwick provides a comprehensive guide for consumer-facing companies to align customer loyalty with shareholder value.

00:00 Introduction to Insumer Model

00:57 The 30-Second Version

02:16 Real-World Examples

02:51 Marketing and Investor Relations Integration

04:32 Implementing the Insumer Model

11:15 Privacy Concerns and Solutions

12:59 Case Study: Treasure Experience

15:06 Metrics That Matter

16:47 Action Steps for Businesses

18:01 Conclusion and Next Steps

Bridging the Gap: Understanding Hybrid Security Tokens

In this episode of Old Men New Money, Douglas Borthwick discusses common fears associated with pure digital securities and introduces the concept of hybrid security tokens. Hybrid tokens offer both traditional paper certificates and digital tokens, easing the transition to digital securities. Douglas explains the technical process behind hybrid tokens, shares insights from his experience at INX, and highlights the benefits of providing both options to cater to different investor preferences. He also provides practical advice for companies implementing these models and investors considering them.

00:00 Introduction to Digital Securities

00:15 Common Concerns with Digital Securities

00:46 Introducing Hybrid Security Tokens

01:27 Real-World Examples and Benefits

04:21 Mechanics of Hybrid Security Tokens

05:37 Implementation and Costs

06:50 Conversion Processes Explained

08:24 Case Studies and Adoption

13:44 Future Predictions and Advice

17:06 Conclusion and Next Episode Preview

Unlocking the Potential of the Insumer Model™: Aligning Consumers and Investors with Tokenized Equity

In this episode of 'Old Men, New Money®,' Douglas Borthwick introduces the Insumer Model™, a concept merging investor and consumer identities through tokenized equity. Borthwick explains how traditional stock ownership can be transformed using blockchain technology to provide immediate benefits at the point of sale. He details the advantages of this model, including enhanced customer loyalty, better feedback, and reduced marketing costs. Real-life examples and potential challenges are discussed, highlighting how businesses and individuals can benefit from this integrated approach. Future episodes will delve deeper into related topics like hybrid security tokens and brand loyalty.

00:00 Introduction to The Insumer Model™

00:19 The Starbucks Scenario: A Wake-Up Call

00:55 The Concept of Tokenized Equity

01:28 The Genesis of The Insumer Model™

02:50 The Apple Example: Invisible Ownership

04:33 The Three Dimensions of Value

06:14 Real-World Applications and Examples

07:48 The Role of NFTs in Verification

09:25 Implementing The Insumer Model™

11:52 Psychological Shifts and Behavioral Changes

15:34 Challenges and Solutions

16:42 Future Predictions and Action Steps

19:56 Conclusion and Upcoming Episodes

About the Author

Douglas Borthwick is not only one of the voices behind “Old Men, New Money®” but also a visionary championing the integration of consumer and investor identities through groundbreaking concepts like The Insumer Model™. With practical experience intertwining stock ownership and retail benefits, Douglas invites you to join his journey of shaping tomorrow’s business landscape today. His books, The Insumer Model and Your Equity in Your Pocket are available on Amazon today.

Unlocking Private Equity: The Future of Tokenization

In this final episode of Module Four on Real World Asset Tokenization, Ali Davoudi discusses the transformative potential of private equity tokenization. He explains why private equity matters, highlighting its $10 trillion global value but noting that access is limited to accredited investors. Ali explores three models for tokenizing private equity: tokenizing fund shares, direct investments in private companies, and secondary markets for existing stakes. He delves into the challenges, such as regulatory compliance and governance, and shares examples of successful implementations. He also provides practical advice for investors, underscoring the importance of understanding underlying investments, evaluating platforms, and reading legal documents. Ali concludes with his vision for the next decade, outlining a future where tokenization could democratize access and improve liquidity in private markets.

00:00 Introduction to Private Equity Tokenization

00:52 Why Private Markets Matter

02:18 Approaches to Tokenizing Private Equity

03:46 Tokenizing Private Equity Funds

05:17 Direct Tokenization of Private Companies

06:42 Secondary Markets for Private Equity

07:59 Regulatory Challenges

09:23 Personal Insights on Private Investing

10:22 Success Stories and Future Vision

12:52 Lessons from Real World Asset Tokenization

14:08 Investor's Guide to Tokenized Private Equity

15:37 Connecting to the Next Module

16:21 Closing Thoughts

Exploring Tokenization of Public Equity: Innovations and Challenges

In this episode of Old Men New Money, Ali Davoudi discusses the emerging trend of tokenizing public company shares, illustrating how it could reshape global equity markets. He explains the difference between direct tokenization (as done by Galaxy Digital) and wrapped tokenization (as pursued by Backed and INX). Ali dives into the benefits, such as 24/7 trading and instant settlement, but also outlines challenges such as liquidity fragmentation and regulatory complexity. Through detailed examination, he balances the potential advantages against the current practical challenges and provides insights into the future of tokenized public equity, comparing it to the early internet era. Finally, he previews the next episode, which will focus on the potential of private equity tokenization.

00:00 Introduction to Tokenized Public Equity

00:45 Understanding Public Equity Tokenization

00:58 Direct vs. Wrapped Tokenization Models

01:58 Galaxy Digital's Innovative Move

03:26 The Wrapped Tokenization Model

04:52 Value Propositions of Tokenized Equity

06:27 Challenges of Tokenized Public Equity

07:57 Personal Views and Predictions

11:40 Lessons from Real World Asset Tokenization

13:02 Investor Guidance on Tokenized Public Equity

14:28 Connecting to Private Equity Tokenization

15:21 Closing Thoughts

Success in Asset Tokenization: Why Treasuries Outshine Real Estate

In this episode of 'Old Men New Money,' Ali Davoudi explores the robust success of tokenized treasuries compared to the struggling attempts in real estate tokenization. He highlights the simplicity, liquidity, and regulatory clarity that make treasuries an ideal candidate for tokenization. By reviewing major players like BlackRock and Franklin Templeton, Davoudi explains the benefits, business models, and future growth of tokenized treasuries within the financial ecosystem. He also addresses key risks and provides practical advice for potential investors, emphasizing the lessons learned and future potential in tokenizing other asset classes.

00:00 Introduction to Tokenized Treasuries

00:51 What Are Tokenized Treasuries?

01:59 Why Tokenized Treasuries Succeed

03:32 Key Players in Tokenized Treasuries

05:13 Use Cases for Tokenized Treasuries

06:55 Economics for Asset Managers

09:20 Risks and Considerations

10:41 Personal Take and Future Predictions

13:06 Lessons for Other Asset Classes

16:21 Closing Thoughts and Next Episodes

The Truth About Real Estate Tokenization: Why It Hasn't Worked and What Needs to Change

In this episode of Old Men New Money, Ali Davoudi introduces the audience to module four of their educational series on digital securities, focusing on real world asset tokenization, specifically real estate. Ali explains why real estate tokenization, despite its exciting pitch of liquidity and fractional ownership, has largely failed due to regulatory complexities, liquidity illusions, and unclear value propositions. He offers insights into current approaches and suggests practical changes that could make real estate tokenization viable, such as focusing on tokenizing real estate funds or REITs and being honest about liquidity. Ali also shares lessons applicable to other asset classes and previews upcoming episodes covering tokenized treasuries, public equity, and private equity.

00:00 Introduction to Module Four: Real World Asset Tokenization

00:56 The Hype and Promise of Real Estate Tokenization

02:09 Why Real Estate Tokenization Has Failed

04:13 Structural Challenges in Real Estate Tokenization

05:57 Examples of Failed Tokenization Projects

07:52 What Needs to Change for Real Estate Tokenization to Succeed

09:49 Potential Models for Successful Tokenization

14:17 Lessons for Tokenizing Other Asset Classes

15:32 Investor Advice and Looking Ahead

18:08 Conclusion and Future Topics

Understanding the Risks of Investing in Treasury Companies

In the latest episode of Old Men New Money, Douglas Borthwick delves into the various risks associated with investing in corporate treasury companies that are heavily involved in crypto assets. The episode covers seven major risk categories including asset price risk, NAV premium compression, dilution, debt leverage, regulatory issues, key person risk, and execution risk. Borthwick emphasizes the importance of understanding and managing these risks, especially in volatile market conditions, and provides guidance on position sizing, monitoring metrics, and establishing clear exit rules. He also cautions against treating these investments as conservative or core holdings, recommending them only for those with high risk tolerance and speculative capital.

00:00 Introduction to Corporate Treasury Strategies

00:45 Understanding Major Risk Categories

02:37 Asset Price Risk Explained

04:14 NAV Premium Compression

05:46 Dilution Risks

06:56 Debt and Leverage Risks

08:14 Regulatory and Legal Risks

09:36 Key Person Risk

10:46 Execution Risk

12:20 Competition and Technological Disruption

15:23 Managing Risks and Position Sizing

16:30 Who Should and Shouldn't Invest

18:09 Final Thoughts and Next Module Preview

Understanding SOL Strategies: The Future of Treasury Companies

In this episode of 'Old Men New Money,' Douglas Borthwick explores SOL Strategies (ticker: STKE), a pioneering Solana Treasury company that goes beyond simple asset accumulation. Unlike other treasury companies, SOL Strategies also operates validator infrastructure, earning fees from institutional clients and building a recurring revenue business. They manage over 3.6 million SOL and provide staking services for major institutions like ARC Invest and VanEck. The episode delves into their revenue streams, including staking yield, validator fees, and purchasing locked SOL at a 15% discount from the Solana Foundation. Borthwick also discusses why Solana's high throughput and low-cost blockchain make it the ideal platform for institutional applications. The episode concludes with an analysis of risks and strategic advantages, positioning SOL Strategies as a model for the future of treasury companies.

00:00 Introduction to SOL Strategies

00:48 Overview of SOL Strategies

06:28 Revenue Streams Explained

08:19 Validator Economics and Operations

12:02 Institutional Partnerships and Clients

15:36 Risks and Challenges

19:18 Conclusion and Next Steps

Bitmine's Ambitious Ethereum Accumulation Strategy Explained

In this episode of Old Men New Money, host Douglas Borthwick delves into Bitmine's strategic pivot from Bitcoin mining to becoming the world's largest Ethereum treasury. Led by Tom Lee of Fundstrat, Bitmine aims to accumulate 5% of all Ethereum by leveraging capital markets and staking ETH for yield. This episode examines the differences between Bitcoin and Ethereum as assets, Bitmine's innovative immersion cooling technology, and the company's ambitious goal to position itself as a primary counterparty for institutional Ethereum transactions. The episode also highlights the risks involved and compares Bitmine's model to MicroStrategy's Bitcoin accumulation approach.

00:00 Introduction to Corporate Treasury Strategies

00:19 Bitmine's Bold Ethereum Strategy

01:10 Tom Lee's Vision and Strategic Pivot

01:43 Ethereum's Supercycle and Institutional Adoption

03:14 Bitmine's Accumulation and Staking Strategy

08:19 Liquidity and Market Position

09:09 Valuation and Future Prospects

13:37 Risks and Comparisons

15:59 Conclusion and Next Episode Preview

Understanding Treasury Companies: The Strategy Playbook

In this episode of Old Men New Money, Douglas Borthwick introduces module three of the educational series, focusing on treasury companies that use their corporate balance sheets to accumulate crypto assets, primarily Bitcoin. Borthwick explores the pioneering case of MicroStrategy, now called Strategy, which began converting its corporate treasury into Bitcoin in August 2020. The episode details Strategy’s financial engineering tactics, their Bitcoin yield metrics, and the associated risks. It also discusses the broader market implications, highlighting how over 70 public companies have adopted similar strategies. The episode concludes by emphasizing the critical role of Bitcoin’s price trajectory in the success of these treasury companies.

00:00 Introduction to Module Three

00:14 The Rise of Treasury Companies

00:36 MicroStrategy's Bold Move

01:16 Understanding the Strategy Playbook

04:21 Financial Engineering and Bitcoin Yield

09:32 Valuation and Market Dynamics

17:42 Risks and Considerations

22:53 Conclusion and Next Steps

Demystifying Digital Wallets and Key Management

In this episode of Old Men New Money, Douglas Borthwick addresses the fears traditional investors have about digital securities, specifically focusing on private keys and digital wallets. He explains the importance of digital wallets, how custody works, and why security tokens offer safety advantages over pure cryptocurrencies. Douglas clarifies key concepts such as hot and cold wallets, seed phrases, and multisignature wallets, providing insights on the security and practicality of each option. He also discusses the regulatory landscape for digital asset custody, the role of custodians, and the future developments in the field. Key takeaways include understanding the critical nature of seed phrases, practicing wallet setup, and considering custodial versus non-custodial solutions.

00:00 Introduction to Digital Securities

00:51 Understanding Digital Wallets

03:21 Hot Wallets vs Cold Wallets

05:47 The Importance of Seed Phrases

07:00 Custodial vs Non-Custodial Wallets

09:31 Multisig Wallets for Institutional Custody

10:25 Common Mistakes and Best Practices

11:32 Popular Wallet Options

12:45 Regulatory Perspective on Custody

14:53 Future of Digital Custody

16:04 Practical Steps for Secure Custody

16:58 Conclusion and Next Steps

Stablecoins: The Unsung Heroes of Digital Finance

In this episode of 'Old Men New Money,' Douglas Borthwick delves into the significance of stablecoins—cryptocurrencies pegged to stable assets like the US dollar. With over $284 billion in circulation as of October 2025, stablecoins are revolutionizing financial transactions by providing instant, low-cost, 24/7 global transfers. Borthwick explains how stablecoins like USDT, USDC, PY Dollar, and DAI operate, their regulatory landscapes, and their crucial role in digital securities and decentralized finance (DeFi). He highlights the advantages of stablecoins over traditional banking methods, their growing adoption by major institutions like PayPal and Visa, and the potential risks and future of stablecoins in the financial ecosystem.

00:00 Introduction to Stable Coins

00:44 What Are Stable Coins?

03:25 The Main Players in Stable Coins

05:23 How Stable Coins Maintain Their Value

06:56 Stable Coins in Digital Securities

08:24 Regulation and Compliance

09:47 Stable Coins in Decentralized Finance (DeFi)

10:54 The Growing Adoption of Stable Coins

13:36 Potential Risks and Challenges

15:00 Central Bank Digital Currencies (CBDCs)

16:03 Practical Steps and Conclusion

Ethereum vs. Solana: The Future of Tokenized Equity

In this episode of 'Old Men New Money,' Douglas Borthwick discusses the major infrastructure decision in digital securities: Ethereum versus Solana. He highlights Galaxy Digital's choice to tokenize NASDAQ-listed shares on Solana, marking a significant shift from Ethereum due to Solana's high performance and lower costs. Borthwick argues that while Ethereum has institutional credibility and regulatory comfort, it falls short in terms of transaction speed and cost compared to Solana. He provides a detailed comparison of the two blockchains, emphasizing Solana's advantages for high-frequency trading and consumer-facing applications. Borthwick concludes that trends in developer migration and transaction volume favor Solana, marking it as the future leader in smart contract platforms. The episode also teases a future discussion on stablecoins.

00:00 Introduction to the Debate: Ethereum vs. Solana

00:12 Galaxy Digital's Groundbreaking Move

00:58 Ethereum vs. Solana: A Performance Comparison

02:26 The Regulatory Shift and Its Implications

04:42 Ethereum's Struggles in High-Frequency Markets

05:27 Why Solana is the Future for High Throughput Applications

06:31 Developer Migration to Solana

07:36 Solana's Real-World Usage and Efficiency

09:48 The Layer Two Debate and Solana's Unified Approach

10:40 Ethereum's Strengths and Limitations

11:42 Solana's Security and Network Stability

14:19 Future Predictions and Strategic Advice

18:07 Conclusion and Next Episode Preview

Blockchain Basics: Understanding the Technology that Powers Digital Securities

In this episode of Old Men New Money, Douglas Borthwick begins module two of the educational series on digital securities, focusing on blockchain technology. He explains what a blockchain is, its security features, and the differences between public and private blockchains. The episode covers the benefits of blockchain for finance, including instant settlement, fractional ownership, and programmable compliance. Borthwick emphasizes the importance of understanding the technology as major financial institutions implement blockchain strategies. He also discusses the economic models of various blockchains and highlights their adoption and risks. The concluding advice urges finance professionals to gain hands-on experience and follow thought leaders in the blockchain space.

00:00 Introduction to Module Two: Blockchain Technology

00:53 Understanding Blockchain Basics

01:38 The Importance of Blockchain in Finance

02:32 How Blockchain Settlement Works

03:39 Detailed Explanation of Blockchain Mechanics

06:16 Public vs. Private Blockchains

07:47 Smart Contracts and Their Impact

09:05 Blockchain's Advantages for Digital Securities

10:46 Decentralization and Its Significance

13:34 Performance and Scalability of Blockchains

15:00 Consensus Mechanisms Explained

16:11 Current Blockchain Adoption and Statistics

17:15 Risks and Challenges of Blockchain

18:22 Practical Steps to Engage with Blockchain

19:31 Conclusion and Next Episode Preview

The Critical Role of Infrastructure in Digital Securities

In this episode of Old Men New Money, Douglas Borthwick discusses the often-overlooked but essential role of infrastructure in the digital securities market. He emphasizes the importance of alternative trading systems, transfer agents, and custodians in ensuring the smooth functioning of digital securities. Douglas draws from his experience at INX to explain how they built their own infrastructure to support digital assets, including the acquisition of Open Finance and Tokensoft's transfer agent. He explains the different custody models, the role of transfer agents in maintaining accurate records and compliance, and the challenges ATSs face in achieving liquidity. The episode concludes with an outlook for the future of digital securities infrastructure and practical advice for issuers and investors. This comprehensive discussion highlights the critical importance of robust infrastructure in the success and growth of the digital securities market.

00:00 Introduction to Digital Securities Infrastructure

00:10 The Importance of Infrastructure in Digital Securities

00:44 Building the Necessary Infrastructure

01:09 Critical Components of Digital Securities Infrastructure

03:20 Custody Models and Providers

07:08 Role of Transfer Agents

10:41 Trading Venues and Market Liquidity

15:39 Global Developments and Regulatory Landscape

20:00 Future of Digital Securities Infrastructure

21:15 Practical Advice for Issuers and Investors

24:10 Conclusion and Future Modules

The Complete Guide to Security Token Offerings (STOs): Costs, Process, and Pitfalls

In this episode of Old Men, New Money, Douglas Borthwick demystifies the intricate process of Security Token Offerings (STOs). He details the entire journey from planning to execution, highlighting key parties involved: issuers, securities lawyers, blockchain developers, transfer agents, broker dealers, and custody providers. The episode breaks down costs, timelines, and common pitfalls that companies face. Borthwick draws from his experience at INX, providing practical insights into legal documentation, smart contract creation, investor relations, and compliance. The episode serves as a comprehensive guide for companies considering STOs, underlining the importance of professional execution.

00:00 Introduction to Security Token Offerings

00:14 Understanding the STO Process

02:02 Key Players in an STO

04:44 Detailed Breakdown of the STO Timeline

13:48 Common Mistakes and How to Avoid Them

15:31 Successful STO Case Study: INX

17:17 Practical Advice for STOs

19:05 Conclusion and Next Steps

Navigating the Regulatory Maze for Digital Securities: Reg D, Reg S, and Reg CF Explained

In this episode of 'Old Men New Money,' Douglas Borthwick delves into the complexities of regulatory frameworks surrounding digital securities. Focused on SEC's Reg D, Reg S, and Reg CF, Borthwick highlights the importance of understanding these regulations to avoid financial losses. He shares insights from his experience at INX, discussing the challenges and benefits of complying with these exemptions. The episode covers the specifics of each regulation, reporting requirements, resale restrictions, and common mistakes companies make. This foundational understanding is crucial for investors and founders to navigate the evolving landscape of digital securities successfully.

00:00 Introduction to Regulatory Roadmap

00:27 Importance of Understanding Regulations

01:10 Overview of Regulatory Exemptions

03:26 Deep Dive into Reg D

05:52 Exploring Reg S

07:09 Understanding Reg CF

08:00 Full Registration Process

09:09 Compliance and Common Mistakes

12:00 Future of Digital Securities Regulations

12:47 Practical Advice for Investors and Founders

13:35 Conclusion and Next Episode Preview

Understanding Digital Securities: Distinguishing from Crypto

In this episode of Old Men New Money, Douglas Borthwick clarifies the crucial differences between digital securities and cryptocurrencies, dispelling common misconceptions. Drawing from his experience as Chief Business Officer at INX, Borthwick explains how digital securities represent actual securities like stocks and bonds on the blockchain, regulated by the SEC, unlike cryptocurrencies which are considered commodities. He discusses the advantages of digital securities, including instant settlement, 24/7 markets, and legal protections, citing examples from key industry players like BlackRock, Galaxy Digital, and INX. Borthwick also highlights the potential growth and challenges within the space, emphasizing the need for education and adaptation in the traditional finance sector.

00:00 Introduction to Digital Securities

00:42 Understanding Digital Securities vs. Cryptocurrencies

02:52 Types of Blockchain Tokens

04:20 The Howey Test and Security Tokens

06:04 The Advantages of Digital Securities

07:15 Real-World Examples and Success Stories

09:16 The Future of Digital Securities

09:55 Risks and Challenges in Digital Securities

11:14 Traditional Finance vs. Blockchain

13:04 Actionable Steps and Conclusion

Episode Summary:

Douglas Borthwick reveals why Galaxy Digital's decision to tokenize their NASDAQ-listed shares on Solana—not Ethereum—signals a seismic shift in blockchain adoption. This historic SEC-registered public equity tokenization exposes the trillion-dollar infrastructure mistake Wall Street is making by betting on brand recognition over performance.

Key Insights:

Solana processes 40x more transactions than Ethereum with 10,000x lower fees ($0.00025 vs $20-50)

93.5 million daily transactions in Q3 2025 vs Ethereum's 1.6 million

Solana captured 81% of all blockchain DEX transactions and 43% of global DEX volume

First time since 2016 a blockchain attracted more developers than Ethereum (7,625 vs 6,456)

Transaction finality dropping to 150 milliseconds with Alpenglow upgrade

$271 million in Q2 2025 network revenue—leading all blockchains for 3 consecutive quarters

Douglas Borthwick, who was part of the INX team behind the first SEC-registered security token offering, explains why traditional finance institutions like BlackRock, JPMorgan, and Franklin Templeton are backing the wrong blockchain for public markets.

Episode Timestamps:

00:00 - Introduction: Galaxy Digital's Groundbreaking Solana Tokenization

01:01 - Why Wall Street Defaults to Ethereum (And Why That's Wrong)

02:20 - Shocking Performance Data: Solana's 85x Transaction Advantage

05:12 - The Performance Gap That Matters: Speed, Cost & Finality

08:29 - Stablecoin Efficiency: Why Each Solana Dollar Works 8x Harder

11:01 - Debunking the "Security vs Speed" Myth

12:44 - The Coming Migration: What Happens in Next 24 Months

16:46 - Final Takeaway: Why TradFi Needs to Wake Up Now

Topics Covered: Blockchain comparison, Ethereum vs Solana, cryptocurrency adoption, DeFi, decentralized exchanges (DEX), stablecoins, tokenized securities, SEC regulations, institutional blockchain, Web3, public equity tokenization, transaction throughput, gas fees, developer migration, Alpenglow upgrade

Host: Douglas Borthwick | Follow on X: @DCBorthwickLearn more at OldMenNewMoney.com

Crypto Treasuries: Bitcoin, Ethereum, and Solana Strategic Plays

In this episode of 'Old Men New Money,' Douglas Borthwick explores the emerging trend of corporations leveraging cryptocurrencies within their treasury models. Starting with MicroStrategy's pioneering move to convert its treasury into Bitcoin in 2020, the landscape now includes a variety of approaches: MicroStrategy (rebranded to Strategy) focusing on Bitcoin, Bit Mine on Ethereum, and Solve Strategies on Solana. Borthwick breaks down the operations, risks, yields, and strategic advantages of each model, highlighting their unique approaches to financing and revenue generation. Suitable for those looking to understand different corporate cryptocurrency treasury strategies and their potential impact on portfolios.

00:00 Introduction to Crypto Treasury Companies

01:36 MicroStrategy's Bitcoin Strategy

04:35 Bit Mine's Ethereum Accumulation

07:19 Solana Infrastructure with Saul's Strategies

11:05 Comparing the Three Models

14:35 Investment Risks and Considerations

15:50 Choosing the Right Crypto Treasury Company

16:46 Conclusion and Next Steps

Solana: The Next Generation of Blockchain Technology

The podcast discusses the unprecedented evaporation of $19 billion in crypto positions on October 11, 2025, emphasizing Solana's resilience in handling high transaction volumes. Using an analogy of the 1800s railroad boom, the speaker compares Solana to pioneering railroads that succeeded due to their high traffic, low costs, and reliability. The script explains how Solana's blockchain works, the role of SOL as fuel, and how validators maintain the network while earning rewards. It also guides regular people on how to buy and stake SOL for passive income, highlights Solana's capacity for supporting decentralized apps, and addresses the risks of crypto volatility. Ultimately, the podcast underscores the significance of Solana's technology in the evolving blockchain landscape.

00:00 Introduction: The $19 Billion Crypto Crash

01:03 The Railroad Analogy: Understanding Solana

02:13 How Blockchains Actually Work

03:03 The Validators: Keeping Solana Running

04:11 How Regular People Get Involved

04:48 Staking Your SOL: Earning Passive Income

05:47 What Actually Runs on Solana

06:48 The Actual Numbers: Solana's Performance

08:28 The Risks You Need to Know

09:34 The Bigger Picture: Blockchain's Future

10:39 Outro: Getting Started with Solana

Digital Securities and Consumer Equity: The Revolution and Risks

In this episode, Phil Larmon, Ali Davoudi, and Douglas Borthwick discuss the implications of the new Genius Act and Clarity Act on the economy, specifically focusing on the rise of digital securities and consumer equity - What ouglas calls The Insumer Model. They delve into the potential for stablecoins and digital wallets becoming ubiquitous, transforming how consumers and investors interact. The conversation touches on issues of interoperability among digital security platforms, potential benefits for shareholders in consumer loyalty models, and the challenges and risks companies might face in implementing such systems. Concerns about privacy, liability, and the feasibility of peer-to-peer trading without intermediary platforms are debated, highlighting the complex landscape and the need for more thorough discussion and planning.

00:00 Introduction and Episode Kickoff

00:56 The Impact of the Genius Act and Clarity Act

01:58 Understanding Digital Securities and Consumer Models

02:26 Practical Applications and Benefits of Digital Securities

05:01 Challenges and Considerations in Digital Securities

05:29 Future of Payments and Loyalty Programs

08:12 Equity Ownership and Consumer Privacy Concerns

09:21 Debating the Viability of Tokenized Equity

10:54 Potential Issues and Real-World Examples

13:54 The Need for Thoughtful Implementation

24:01 Conclusion and Final Thoughts

26:30 Costco Gold Purchase Dilemma

27:50 Crypto Arbitrage and Kimchi Premium

28:46 Tokenization and Equity Concerns

30:07 Universal Basic Income and COVID

30:29 Naked Shorting and GameStop

33:10 Digital Securities and NFTs

45:27 Strategic Reserves and National Security

47:58 Fiat Money and Economic Constructs

48:14 Concluding Thoughts and Future Discussions

The Rise of Investment Crowdfunding with Yvan De Munck

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick interview Yvan De Munck, an expert in investment crowdfunding. Yvan shares his extensive experience in the crowdfunding space, tracing the evolution from early platforms like Lending Club to the current possibilities in investment crowdfunding. He discusses the benefits of using data analytics to predict successful crowdfunding investments and how platforms like CClear.ai can empower individual investors to act like VCs. Yvan also touches on how the industry is set to explode, driven by increased participation, the rise of tokenization, and the potential for investment crowdfunding to rival traditional VC models.

00:00 Introduction and Social Media Promotion

01:03 Interview with Yvan De Munck: Investment Crowdfunding Expert

01:43 Yvan's Journey into Crowdfunding

02:16 The Birth of Lending Club and Marketplace Lending

04:16 Institutionalization of Crowdfunding

07:07 The Rise of Online Lending

09:23 Investment Crowdfunding vs. Venture Capital

10:54 The Role of Data in Crowdfunding Success

12:47 CClear.ai and the Future of Crowdfunding

14:19 Competitive Benchmarking and Market Insights

16:04 The Importance of Data in Crowdfunding

18:47 Capital Pulse Ratings and Offering Insights

25:50 Understanding Platform Incentives

27:15 The Role of Community in Crowdfunding Success

28:04 Examples of Successful Crowdfunding Exits

29:23 Analyzing Crowdfunding Success Rates

32:15 Marketing Strategies for Crowdfunding

33:46 The Importance of Digital Marketing

34:35 Investor Ratings and Metrics

40:55 VC Involvement in Crowdfunding

44:12 The Future of Tokenization and Liquidity

47:23 Final Thoughts and Conclusion

Revolutionizing Trucking Finance with Blockchain: A Conversation with Todd Ziegler

In this episode of Old Man, New Money, Ali Davoudi and Douglas Borthwick speak with Todd Ziegler, CEO of TCS Blockchain. Todd explains how TCS is transforming the trucking industry by addressing the high cost of capital, a major problem in the $2 trillion US supply chain. Utilizing blockchain technology, TCS offers faster and cheaper settlements for transportation companies by disintermediating traditional factoring companies. Todd shares his journey from the trucking industry to blockchain, detailing the benefits of their ERC 20 token on the INX platform, and how it significantly reduces costs for truckers. The episode delves into the complexities of factoring, the inefficiencies in current systems, and TCS's innovative solutions, including potential scaling into other industries.

Learn More Here: https://www.tcsblockchain.com/

00:00 Introduction to the Guest and TCS Blockchain

00:59 Todd Ziegler's Background and Entry into Blockchain

02:43 Challenges in the Trucking Industry

04:27 Factoring in the Trucking Industry

10:53 TCS Blockchain's Solution for Truckers

19:10 How TCS Token Works

21:44 Understanding Secondary Market Participation

22:11 Regulatory Environment and Future Incentives

24:15 Factoring Beyond Trucking

24:38 Scaling and Industry Expansion

25:48 Challenges and Opportunities in Factoring

26:59 Acquisition Interest and Market Position

28:15 Blockchain and Digital Assets in B2B Settlement

29:28 Current Operations and Future Plans

31:05 Funding and Capital Management

39:21 Crowdfunding and Token Economics

41:37 Conclusion and Contact Information

The Bitcoin Boom: Strategic Acquisitions and State-Level Legislation

In this episode of Old Men New Money, hosts Douglas Borthwick and Ali Davoudi discuss the latest trends and major moves in the Bitcoin and cryptocurrency markets. They delve into MicroStrategy's aggressive Bitcoin accumulation strategy led by Michael Saylor, the company's rebranding, and its growing influence.

Other key topics include the involvement of major players like Meta Planet, 21 Co, and Cantors and Tether in the Bitcoin race. They also discuss mergers and acquisitions in the crypto space, highlighting Coinbase's $2.9 billion acquisition of Deribit and Jump Trading's investment in Securitize. Additionally, they address the state-level Bitcoin reserve legislation passed by New Hampshire and Arizona, and the potential of Texas joining in.

The discussion extends to the Genius Act, its blockage in Congress, and Coinbase's alleged role in it. The episode concludes with a preview of upcoming guest Dennis Porter, who will share insights on state-level Bitcoin initiatives.

00:00 Introduction and Subscriptions

00:42 Episode Overview and Topics

01:17 MicroStrategy and Bitcoin Strategy

03:40 Bitcoin as a Store of Value

07:00 MicroStrategy's Market Moves

11:52 Financial Engineering and Bitcoin Lending

15:08 Concerns with Traditional Finance

18:27 US Bitcoin Reserve and Accumulation Strategies

21:00 Government's Bitcoin Strategy

21:54 US States Embrace Bitcoin

22:50 Bitcoin's Scarcity and Value

24:10 Bitcoin as a Store of Value

25:11 Bitcoin vs Traditional Finance

25:48 Understanding Bitcoin Investment

32:25 Institutional Adoption of Crypto

34:53 Regulatory Challenges and M&A News

38:51 Conclusion and Upcoming Interviews

Old Men, New Money: Bitcoin, AI, and the Future of Digital Assets

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick delve into the rising influence of Michael Saylor and MicroStrategy's Bitcoin strategies. The discussion expands to potential government adoption of Bitcoin for strategic reserves and the economic implications. They also explore the impact of AI on job markets and corporate profits, as well as the transformative potential of blockchain for various sectors. Memecoins and digital securities receive brief mentions, reflecting ongoing trends and regulatory shifts in the digital asset landscape.

00:00 Introduction and Announcements

00:45 Michael Saylor and MicroStrategy's Bitcoin Strategy

02:57 Government and Institutional Adoption of Bitcoin

05:23 State-Level Bitcoin Initiatives

06:28 Economic Factors Affecting Bitcoin Prices

18:52 Meme Coins and Altcoins Discussion

30:25 AI and Its Impact on Jobs and Investments

34:37 Closing Remarks and Future Outlook

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Revolutionizing Sports Fandom with Blockchain: An Interview with Sandy Khaund of Credenza

In this episode of Old Men, New Money, hosts Phil Larmon and Douglas Borthwick interview Sandy Khaund, the CEO of Credenza. Sandy discusses his journey from engineering roles at major companies to founding a blockchain ticketing company, Upgraded, which was later acquired by Ticketmaster. The conversation dives into the potential of blockchain in sports and entertainment, focusing on how Credenza leverages blockchain technology to enhance fan experiences, integrate disparate data systems, and provide personalized engagement. Sandy elaborates on the concept of pseudonymous identity and how blockchain can offer secure, personalized, and innovative solutions for sports teams, fans, and sponsors alike. The episode also touches on exciting use cases with the St. Louis Blues and the broader implications for digital identity and micropayments in the sports industry.

00:00 Introduction and Host Greetings

00:20 Guest Introduction: Sandy Khaund

00:48 Sandy's Career Journey

01:30 Blockchain Ticketing with Upgraded

03:59 Challenges and Innovations in Ticketing

09:11 The Future of Blockchain in Ticketing

20:04 Digital Identity and Blockchain

29:08 Decentralized Autonomous Organizations (DAOs)

34:14 Digital Identity and the Digital Divide

35:36 Biometrics and Privacy Concerns

38:10 Introduction to Credenza

39:37 The Future of Personalized Fan Experiences

41:51 Blockchain and Pseudonymized Identities

46:36 Monetizing Sports Fandom

57:25 Fan Ownership and Private Equity

01:06:38 Conclusion and Final ThoughtsJoin us in staying updated with the latest by subscribing to our channels on YouTube, Spotify, and iTunes.

Jameson Lopp Discusses Bitcoin Security, Cypherpunk Ideals, and Self-Custody Solutions

In this episode, hosts Phil Larmon, Ali Davoudi, and Douglas Borthwick of 'Old Men, New Money' interview Jameson Lopp, a noted figure in the Bitcoin and cybersecurity space. Jameson shares his background in computer science and his journey into the world of Bitcoin. He explains the origins of Bitcoin within the cypherpunk movement and discusses its foundational principles of privacy and encryption. The conversation delves deep into Bitcoin's security features, including the concept of multi-key (multisig) security that Jameson’s company CASA specializes in. They explore CASA's innovative services for personal and enterprise Bitcoin security, including inheritance solutions, and discuss contemporary digital threats such as social engineering. Jameson also shares his concerns about the potential centralization risks posed by Bitcoin ETFs and paper Bitcoin. The episode highlights the importance of education and self-custody in the cryptocurrency world. The show concludes with Jameson promoting educational resources and encouraging the audience to take control of their digital assets.

00:00 Introduction and Hosts

00:22 Guest Introduction: Jameson Lopp

00:44 Jameson's Background and Bitcoin Journey

01:23 Understanding Cypherpunks and Bitcoin Security

06:07 Quantum Computing and Bitcoin

10:12 CASA: The Evolution and Security Focus

16:53 Inheritance Solutions for Bitcoin

25:11 Enterprise Solutions and Future Prospects

27:11 White Collar Professionals and Bitcoin

27:40 Evolution of the Customer Base

28:33 Expanding Beyond Bitcoin

29:31 Leadership Changes and Challenges

31:28 Security Trends and Threats

35:45 Personal Experiences with Cyber Attacks

39:37 Advice for Bitcoin Security

45:43 Concerns About Bitcoin Centralization

49:36 Closing Thoughts and Recommendations

Wendy Starland: Transforming Music with Blockchain and MusicSoul

In this episode of Old Men, New Money, hosts Phil Larmon, Ali Davoudi, and Douglas Borthwick interview Wendy Starland, a renowned singer-songwriter and co-founder of MusicSoul.

Wendy discusses her journey from being a Universal recording artist to discovering and developing Lady Gaga. She shares her diverse musical background and influences, including working with artists like Jack White, Sheryl Crow, and Wu-Tang Clan. Wendy delves into the problems in the music industry, such as monetizing music and the challenges artists face today. She introduces MusicSoul, a new music streaming platform she co-founded that aims to create a middle class for musicians by paying artists 70% of streaming and advertising revenues. The platform also integrates social media engagement, blockchain technology, and offers a marketplace. Wendy emphasizes the potential of MusicSoul to revolutionize the music industry by removing financial hurdles for artists and providing brands a new way to connect with consumers.

00:00 Introduction and Guest Introduction

00:38 Wendy Starland's Musical Journey

02:34 Discovering Lady Gaga

05:19 Music Industry Insights and Tokenization

08:25 Married to Music: A Personal Anecdote

13:05 Musical Inspirations and Career Highlights

19:47 Impact of Social Media on Music

22:25 Advice for Aspiring Artists

25:49 Introducing MusicSoul

26:45 The Harsh Reality of Music Streaming

27:35 Creating a Middle Class for Musicians

27:41 How AI Matches Artists with Brands

29:41 Advertising Integration in Music Soul

30:53 Global Reach and Licensing

32:06 Empowering Artists and Consumers

35:59 Building a Super App for Music

39:42 Challenges and Future Prospects

46:33 Engaging Brands and Investors

48:06 Conclusion and Contact Information

Old Men, New Money: The Trump Coin Controversy and Beyond

In this episode of 'Old Men, New Money,' hosts Phil Larmon, Ali Davoudi, and Douglas Borthwick discuss the recent developments in the cryptocurrency world, especially focusing on Trump's involvement with the Trump Coin and its implications. They explore the significance of meme coins, the transparency of blockchain, and the role of prominent political figures in the crypto space. The conversation also covers various other crypto topics such as the potential impact of Elon Musk's X payments, the role of Dogecoin, and the strategic use of XRP. They delve into the increasing interest from central banks and governments in Bitcoin, highlighting how institutional participation influences market dynamics. Additionally, the discussion touches on tokenization of pre-IPO stocks and the future of crypto-friendly administration. Closing the episode, they tease an upcoming interview with Wendy Starland who will discuss blockchain's role in the music industry.

00:00 Introduction of the Full Crew

00:09 Trump Coin Controversy

06:05 Crypto Market Dynamics

10:09 Ripple and XRP Debate

13:30 Bitcoin's Institutional Adoption

18:48 Synthetic Contracts and Market Manipulation

21:37 Elon Musk and X Payments

21:58 Exploring the Super App Concept

23:05 Deep Seek: A New AI Competitor

24:06 Implications of AI Advancements

30:54 Tokenized Pre-IPO Stocks

36:00 MicroStrategy and Bitcoin Investments

40:37 Banks and Bitcoin Custody

44:45 Conclusion and Upcoming Interview

Meet Ali Davoudi: From Bitcoin Maximalist to Aviation Tycoon

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick welcome their new permanent crew member, Ali Davoudi. Ali, a long-time acquaintance of Phil's, shares his journey into the world of cryptocurrency, starting with his skepticism about the TARP Act in 2011. As a staunch Bitcoin maximalist, he discusses his distrust in central banks and other altcoins. Ali's career spans numerous ventures, from running a successful software company and dabbling in online tobacco sales to owning a minority stake in Million Air, a private aviation company, and other diverse businesses. He highlights his extensive entrepreneurial background, his unique entry into aviation, and the broader implications of blockchain technology in various industries.

00:00 Introduction to the Hosts

00:23 Ali Davoudi's Journey into Crypto

01:50 Bitcoin Maximalism and Investment Philosophy

03:21 Ali's Professional Background

04:48 Venturing into Aviation

11:18 Blockchain in Various Industries

13:07 Conclusion and Farewell

In the first episode of season two, hosts Phil Larmon and Douglas Borthwick ring in the New Year 2025, discussing key trends and predictions for Bitcoin and the broader cryptocurrency landscape. The episode features an in-depth analysis of Michael Saylor's strategic investments through MicroStrategy, the impact of volatility on new Bitcoin investors, and the potential edge of regulatory changes under Canada, and the incoming Trump administration. They also delve into the growing interest in crypto and large-scale tokenization of assets. Additionally, the hosts introduce a new co-host, Ali Davoudi, set to bring his entrepreneurial expertise and vibrant personality to the show. The episode highlights the increasing subscriber base and continued growth of 'Old Men, New Money,' encouraging listeners to engage and follow on various platforms.

00:00 Welcome to Old Men, New Money

00:56 Michael Saylor's Bitcoin Strategy

04:10 Bitcoin Volatility and Long-Term Strategy

07:16 Nation States and Strategic Bitcoin Reserves

14:30 XRP's Comeback and Regulatory Changes

18:04 Tokenization of Assets and Future of Trading

25:34 AI's Impact on Financial Markets

29:35 Introducing New Co-Host Ali Davoudi

30:54 Season 2 Kickoff and Future Plans

Exploring the Future of Treasure Hunting with Cutting-Edge Technology: An Interview with the Team Behind Treasure Experience

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick sit down with Marc and Krist Geriene, CEOs of Treasure Experience, along with CTO Mike Bomhoff. The discussion dives into the pioneering journey of Treasure Experience, one of the first companies to undertake a security token raise. Marc introduces their commitment to commercial archaeology and marine exploration, focusing on innovative underwater drones for shipwreck recovery. Krist and Mike elaborate on the technological advancements and AI integrations they are utilizing, as well as their past successes in treasure hunting across multiple regions. The conversation transitions to the practical aspects and challenges including piracy, security, and the financial intricacies behind their expeditions. The hosts also explore the media and educational potential of Treasure Experience and its unique approach to engaging a broader audience through digital securities and participatory treasure hunts.

00:00 Introduction to Old Men, New Money

00:13 Meet the Treasure Experience Team

03:52 Innovations in Underwater Technology

08:11 Challenges and Successes in Marine Exploration

10:53 Applications Beyond Treasure Hunting

19:57 Artificial Intelligence in Marine Research

24:06 Collaborations and Future Prospects

25:22 Exciting Past and Future Treasure Hunts

26:15 Krist's Most Valuable Find

27:14 Global Treasure Hunting Adventures

27:42 Upcoming Expeditions and Projects

31:57 Navigating Legal and Jurisdictional Challenges

36:30 Piracy and Security Measures

40:15 Media and Public Engagement

42:36 Digital Security Tokens and Investment

49:32 Conclusion and Future Prospects

Navigating the World of Crypto Branding: Sina Nader's Revolutionary Journey

In this episode of Old Men, New Money, hosts Phil Larmon and Douglas Borthwick are joined by Sina Nader, a prominent figure in the crypto world. Sina discusses his dynamic career, which includes significant roles at Robinhood, FTX, and Mysten Labs. He shares his journey from Wall Street to becoming a key player in the crypto industry, emphasizing the emotional and human elements behind major business decisions. Sina also reveals his latest venture, PARTI, a media platform with integrated financial services, aimed at providing creators with better revenue-sharing opportunities and instant payments. This episode provides a deep dive into Sina's experiences, insights, and his views on the future of crypto and digital securities.

00:00 Introduction to Old Men, New Money

00:10 Meet Sina Nader: Crypto Pioneer

00:49 Sina's Journey: From Wall Street to Crypto

01:50 Building Robinhood's Crypto Platform

07:08 FTX: From Operations to Brand Building

09:33 Celebrity Endorsements and Marketing Strategies

17:24 Personal Insights and Experiences

20:43 Crypto in Sports: MLB Partnership

21:25 MLB and Crypto: A New Frontier

22:41 Targeting Crypto Users: Strategies and Challenges

25:28 Crypto in Sports and Entertainment

29:17 Reflecting on FTX and Moving Forward

38:25 Introducing PARTI: A New Venture

Old Men, New Money: Bitcoin Adoption with Samson Mow from JAN3

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick interview Samson Mow from JAN3. Samson shares his background in game development and his transition to focusing on Bitcoin adoption at the nation-state level. He explains JAN3's mission to help countries utilize wasted energy resources for Bitcoin mining and the broader strategies for adopting Bitcoin as legal tender, mining, or as a reserve asset. The conversation delves into the geopolitical implications of Bitcoin, China's potential strategy, and the importance of early adoption. The discussion also touches on U.S. regulatory attitudes towards Bitcoin and its potential future role in the economy, leading to the idea of 'hyper Bitcoinization.' Samson predicts a significant rise in Bitcoin's value and advocates for early investment and widespread adoption. The episode concludes with a call to action for listeners to support JAN3's mission and invest in Bitcoin.

00:00 Introduction and Guest Welcome

00:36 Samson Mow's Background and JAN3

01:20 Bitcoin Strategies for Nations

02:24 Challenges and Opportunities in Bitcoin Mining

05:26 Political Landscape and Bitcoin

08:48 Global Adoption and Future of Bitcoin

12:59 The Omega Candle and Market Dynamics

19:03 Bitcoin as Money and Real Estate Implications

25:41 Closing Thoughts and Call to Action

Exploring ProMeet: A New Era of Blockchain-Powered Online Monetization

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick are joined by Jon Azeroual, the founder of ProMeet. Jon shares his journey from traditional finance to the crypto world, discussing his previous ventures and the inception of ProMeet. ProMeet is introduced as a tool that revolutionizes online monetization by integrating video conferencing, streaming, and transactional layers with blockchain technology. Jon elaborates on the benefits of ProMeet, such as instant payments, global accessibility, and ease of use, while emphasizing its potential to transform how creators, consultants, and event organizers monetize their content. The discussion also touches on the broader implications of blockchain in financial markets and the differences between ProMeet and other platforms like OnlyFans. The episode ends with a look at future usage scenarios and the real-world impact of ProMeet's innovative approach.

00:00 Introduction and Guest Welcome

00:35 Jon's Background in Finance and Bitcoin

01:47 Early Ventures and INX Experience

03:37 Challenges with Security Tokens

03:57 Regulatory Hurdles and Market Dynamics

16:35 ProMeet: Concept and Features

28:32 Understanding USDC and Wallet Setup

29:10 Topping Up Your Wallet: Payment Methods

30:04 Managing Your Balance During Calls

30:50 Comparing ProMeet to OnlyFans

34:03 ProMeet's Unique Features and Benefits

35:26 Monetizing Content on ProMeet

38:52 ProMeet's Market Strategy and Use Cases

45:35 Subscription Models vs. Pay-Per-Use

51:14 Final Thoughts and Future Prospects

Exploring Digital Securities and Blockchain Innovations with Richard Johnson of Texture Capital

In this episode of 'Old Men, New Money', hosts Phil Larmon and Douglas Borthwick interview Richard Johnson, CEO of Texture Capital. Richard delves into his journey from traditional Wall Street trading to founding Texture Capital in 2019, exploring the potential of digital securities and blockchain technology in capital markets. He discusses the regulatory challenges, advantages of blockchain in security markets, and the importance of secondary trading. The conversation covers various use cases such as real estate, home equity investments, and innovative models like tokenizing racehorses and NFL player earnings. The discussion highlights the intersection of finance, technology, and regulation, providing insights into the future of digital securities.

00:00 Introduction to Old Men, New Money

00:25 Richard Johnson's Journey to Texture Capital

03:00 The Rise of Digital Securities

04:45 Challenges and Opportunities in Tokenization

05:46 Texture Capital's Market Position and Strategy

12:10 Real Estate and Digital Securities

19:21 Investor Trends and Capital Raising

20:17 Marketing Responsibilities and Compliance

22:11 Digital Securities and Web 3.0

25:17 Security Tokens and Utility

28:58 International Investments and Regulations

31:10 Innovative Investment Opportunities

35:41 Celebrity Tokenization and Future Prospects

37:20 Conclusion and Final Thoughts

Old Men, New Money: Exploring the Future of Digital Assets with Renata Szkoda

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick welcome Renata Szkoda, chairwoman of Global DCA and CFO specialized in digital asset businesses. Renata provides insights into her work with digital assets, including her role at Cube Group and INX, and the importance of governance, accountability, integrity, and transparency in the space. She discusses the evolving landscape of digital assets, the role of stablecoins, the significance of blockchain technology, and the necessity for proper disclosure practices. The conversation also touches on how digital assets can revolutionize cross-border payments and democratize investment opportunities globally. Additionally, they explore the regulatory environment and challenges in educating policymakers and the public about the intricacies and potential of digital currencies.

00:00 Introduction and Guest Welcome

00:15 Renata Szkoda's Background and Role

02:23 Core Principles in Digital Assets

04:12 Educating the Industry and Public

05:55 Political Influence on Digital Assets

08:23 Understanding Stablecoins

09:34 Challenges in Policy and Regulation

17:24 Global Perspective on Tokenization

26:17 Reaching Accredited Investors

39:54 Importance of Disclosures in Digital Assets

47:44 Closing Remarks and Final Thoughts

Breaking Barriers in Digital Asset Trading: The Rise of Upstream

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick introduce Mark Elenowitz and Brian Collins, co-founders of Horizon Fintechs and the innovative digital asset marketplace, Upstream. Mark and Brian discuss how Upstream democratizes access to investments by leveraging blockchain technology to offer real-time, global securities trading. They delve into Upstream's unique approach to eliminating traditional trading friction, their compliance with international regulations, and the technological sophistication behind their platform. The discussion also touches on future applications, including NFTs and global fan engagement, and their current fundraising efforts to fuel further growth.

00:00 Introduction to Old Men, New Money

00:13 Meet the Guests: Mark Elenowitz and Brian Collins

00:41 Mark Elenowitz: Background and Vision

02:33 Brian Collins: Technological Innovations

05:21 Challenges and Solutions in the US Market

07:29 Upstream's Unique Marketplace

15:18 Global Investor Access and Benefits

18:19 Business Development and Future Plans

25:25 Tokenization and Regulatory Compliance

26:45 Onboarding Process and Technology Integration

28:36 Market Accessibility and User Experience

32:28 Innovative Products and Market Expansion

34:49 Automated Market Makers and Blockchain Technology

36:36 NFTs and Future Applications

41:58 Fundraising and Future Growth

49:06 Conclusion and Contact Information

Navigating the Digital Asset Landscape with Jay Bluestine from Blue Square Wealth

In this episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick welcome Jay Bluestine from Blue Square Wealth. The discussion covers Jay’s transition from traditional finance at UBS, Smith Barney, and Morgan Stanley to founding Blue Square in 2018, his journey into Bitcoin investments, and the launch of risk-managed digital asset hedge funds. Jay explains the mechanics of hedge funds, the importance of regulated investment environments, and strategies for mitigating volatility in digital assets. The conversation also delves into the potential of blockchain technology, the future of institutional adoption, and the broader implications of Bitcoin and other digital assets on the financial landscape. This episode offers valuable insights for both seasoned investors and those new to digital assets, highlighting the convergence of traditional finance with decentralized finance.

00:00 Introduction to Old Men, New Money

00:17 Meet Jay Bluestine from Blue Square Wealth

00:54 The Evolution of Blue Square and Digital Assets

03:13 Understanding Hedge Funds and Investment Strategies

05:51 Investment Options and Tax Considerations

07:09 Exploring Bitcoin and Other Digital Assets

13:28 Solana and the Future of Blockchain

20:02 Institutional Adoption and Market Dynamics

27:43 Understanding ETF Approvals and Institutional Adoption

28:31 Regulatory Stamp of Approval and Its Implications

29:22 Challenges for Wealth Managers and Institutional Involvement

30:44 Volatility and Institutional Adoption

34:17 Tokenization and the Future of Digital Assets

41:39 Investment Strategies and Risk Management

45:52 The Entrepreneurial Ecosystem and Future Opportunities

47:51 Closing Remarks and Final Thoughts

Episode 0: Old Men, New Money: Exploring the Evolution of Digital Securities

In this introductory episode of 'Old Men, New Money,' hosts Phil Larmon and Douglas Borthwick dive into their backgrounds and expertise, emphasizing their deep involvement in digital securities, blockchain, and cryptocurrency. Douglas shares his journey from Scotland to becoming a leading figure in the digital securities space, detailing his work from traditional finance to pioneering the first IPO of a digital security on the blockchain. Phil recounts his varied career from professional sports to the ad tech space, highlighting his focus on blockchain's impact in sports and entertainment. They discuss the fundamental differences between traditional and digital securities, the potential and challenges of tokenization, and the growing role of digital assets in various sectors. The hosts set the stage for future episodes, promising to cover current events, expert insights, and practical advice for navigating the rapidly evolving digital assets landscape.

00:00 Introduction to Old Men, New Money

00:36 Douglas Borthwick's Journey into Digital Securities

02:33 Understanding Digital Securities

04:16 Phil Larmon's Background and Career

06:28 The Intersection of Blockchain, Sports, and Entertainment

15:08 Tokenization and Its Implications

16:33 The Future of Digital Assets and Tokenization

17:40 Conclusion and Podcast Goals

From Hoodies to Suits: Annelise Osborne on Innovating Digital Assets in Traditional Finance

In this episode of Old Men New Money, hosts Phil Larmon and Douglas Borthwick welcome special guest Annelise Osborne, author of 'From Hoodies to Suits: Innovating Digital Assets in Traditional Finance.' Annelise, who is the Chief Business Officer at Kadena, shares her extensive experience in finance, credit, real estate, and digital securities. The conversation delves into her book, her career journey, and her insights on integrating blockchain technology into traditional finance. Annelise discusses the current challenges and future potential of digital assets, the importance of education for technology adoption, and her personal experiences as a woman in the financial technology space. The episode highlights the roles of regulation, institutional adoption, and user experience in advancing blockchain-based financial products.

00:00 Introduction and Guest Welcome

01:30 Annelise Osborne's Background and Career Journey

03:06 Entering the Blockchain Space

04:55 Writing 'From Hoodies to Suits'

07:52 Challenges and Opportunities in Blockchain Finance

16:41 Institutional Adoption and Regulation

18:18 Joining Kadena and Future Goals

25:46 Blockchain Integration in Everyday Life

26:59 The Insumer Model: Investing and Consuming

28:14 Connecting with Fans through Digital Securities

30:34 Impact of Blockchain on Real Estate

35:32 Challenges and Opportunities in Tokenized Real Estate

38:43 Women in the Digital Asset Space

44:05 Future of Digital Assets and Personal Insights

49:44 Final Thoughts and Where to Find More Information