Brandon is joined by Zero from Zero Authority to explore how on-chain reputation works, why identity matters for Bitcoin-native apps, and how reputation systems can unlock better incentives across DeFi, governance, and community coordination on Stacks.

• 🧠 What on-chain reputation is and why it matters for Bitcoin and Stacks
• 🆔 How Zero Authority approaches identity without compromising privacy
• 🏗️ Reputation as infrastructure for better incentives in DeFi and DAOs
• 🎯 Sybil resistance, proof-of-participation, and measuring meaningful contribution
• 🪙 How reputation can be earned, maintained, and lost over time
• 🧩 Integrations with Stacks apps and the broader BTCFi ecosystem
• 🌱 Early use cases and what’s coming next for Zero Authority

• 00:00 — Intro and guest welcome
• 02:10 — What is on-chain reputation?
• 06:30 — Identity, privacy, and Sybil resistance
• 12:45 — Reputation as DeFi and governance infrastructure
• 18:20 — Earning, maintaining, and losing reputation
• 23:40 — Integrations across Stacks and BTCFi
• 28:30 — Roadmap and what’s next for Zero Authority

Good For Bitcoin is hosted by Brandon Marshall (@marshallmixing) and Kate Parkman (@katemparkman).

🎧 Subscribe: goodforbitcoin.com
📺 Watch: YouTube
🎙️ Listen on: Spotify • Apple Podcasts • Amazon Music • Pocket Casts
📰 RSS: anchor.fm/s/f9f164f0/podcast/rss

Brandon and Kate tackle the big question on everyone’s mind: are Bitcoin treasury companies finally about to pump our bags, or are they still a structural risk to the market? They walk through fresh announcements from corporate buyers, revisit earlier fears about debt-fueled treasury strategies, dig into why Bitcoin DeFi still matters no matter what price does, and close with stablecoin risk, Tether’s downgrade, and an upcoming sBTC giveaway with Zero Authority.

• 🎯 Whether this new wave of Bitcoin treasury companies is different from the last cycle
• 🏢 How leveraged treasury strategies could create cascading sell pressure if BTC dumps
• 📈 New announcements that suggest some treasury companies are finally executing
• 🧠 Why “Bitcoin needs DeFi” regardless of ETF flows or treasury narratives
• 🏦 S&P’s downgrade of USDT/Tether and what it says about stablecoin reserve risk
• 💵 The role of stablecoins vs. BTC as pristine collateral in a BTCFi world
• 🧱 Recap of last year’s milestones like Nakamoto and sBTC going live, and what’s coming next
• 🎁 Upcoming sBTC giveaway and a Zero Authority episode on on-chain reputation

• 00:00:22 — Cold open, technical gremlins, and Friday vibes
• 00:03:02 — Looking back: Nakamoto, sBTC, Circle, and a busy year for Bitcoin L2s
• 00:07:45 — Why debt-fueled Bitcoin treasury companies used to be scary
• 00:12:52 — Are Bitcoin treasury companies finally about to execute and buy BTC?
• 00:16:27 — Bitcoin as DeFi: lending, borrowing, and trading BTC regardless of price
• 00:17:04 — S&P downgrades USDT/Tether and re-prices stablecoin risk
• 00:21:55 — Announcing an sBTC giveaway with Zero Authority
• 00:22:21 — How to participate and where to find Zero Authority DAO

Good For Bitcoin is hosted by Brandon Marshall (@marshallmixing) and Kate Parkman (@katemparkman).

🎧 Subscribe: goodforbitcoin.com
📺 Watch: YouTube
🎙️ Listen on: Spotify • Apple Podcasts • Amazon Music • Pocket Casts
📰 RSS: anchor.fm/s/f9f164f0/podcast/rss

Brandon and Kate recap their time at Devconnect, share how it shifted their perspective on builders and culture across chains, and then dive into the big news of USDC coming to Stacks via Circle’s new xReserve product. They wrap with a deep dive into mNAV — a metric for valuing Bitcoin treasury companies — and how the “rise and fall” of those premiums tells a story about narratives, risk, and what the market is willing to pay for BTC exposure.

• ✈️ Devconnect recap: energy, builder culture, and how it felt coming from the Bitcoin/Stacks world
• 🤝 Stacks’ presence at Devconnect and interest in Bitcoin DeFi from the wider ecosystem
• 🏦 Circle x Stacks: USDC via xReserve and why “native-ish” issuance matters more than bridges
• 💵 What a USDC-backed stablecoin on Stacks unlocks for users, apps, and BTCFi
• 📉 mNAV explained: how to compare BTC treasury holdings to public market valuations
• 📊 The “rise and fall” of mNAV premiums and what they signal about ETF-era narratives
• 🏢 Nakamoto, MetaPlanet, and the new class of Bitcoin treasury companies
• 🧱 How all of this feeds back into the Stacks and Bitcoin L2 builder story

• 00:01:06 — Friday vibes and intro
• 00:01:52 — Devconnect recap and fresh inspiration
• 00:05:07 — Stacks at Devconnect and interest in Bitcoin DeFi
• 00:05:42 — Circle x Stacks announcement as a major headline
• 00:07:11 — Stacks Hacker House and teams building on Bitcoin L2s
• 00:16:28 — Bitcoin treasury companies, ETFs, and Nakamoto/MetaPlanet
• 00:18:57 — What mNAV is and how to read it
• 00:23:51 — The rise and fall of mNAV premiums in a post-ETF world
• 00:26:43 — Circle’s new xReserve product and USDC on Stacks
• 00:28:21 — aeUSDC today, UX tradeoffs, and what improves with native issuance

Good For Bitcoin is hosted by Brandon Marshall (@marshallmixing) and Kate Parkman (@katemparkman).

🎧 Subscribe: goodforbitcoin.com
📺 Watch: YouTube
🎙️ Listen on: Spotify • Apple Podcasts • Amazon Music • Pocket Casts
📰 RSS: anchor.fm/s/f9f164f0/podcast/rss