Uploaded September 2025 | Updated September 2026, 1 week ago

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In this clip, Michael Tanguma explains why custody risk remains the biggest unsolved problem in Bitcoin and digital assets. Despite Bitcoin’s strong fundamentals and $2 trillion market cap, institutions still see it as speculative because custody is fragile. With few custodians surviving more than a decade, the industry risks repeating another FTX-like collapse unless new solutions emerge.
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Full Episode:
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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.

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