Strive SATA is the Best Bitcoin Treasury Company Not Saylor's MSTR Strategy!? | Jeff Walton

**Jeff Walton** (0:00)
We want to plug the debasement gap. We want to provide a solution for people that can stop bleeding money from debasement. The US M2 money supply has increased at 6.7%, compounded annually for the last 50 years in a row. If you're not making 6.7%, you're losing money.

**Tony Edward** (0:23)
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Link will be in the description. Hey, folks, welcome into the Thinking Crypto Podcast. I'm your host, Tony Edward, and joining me is Jeff Walton, who is the Chief Risk Officer at Strive, which is a Bitcoin treasury company and asset manager focused on maximizing shareholder value. Jeff, great to have you.

**Jeff Walton** (3:00)
Thanks for having me here. Yeah, happy to be here.

**Tony Edward** (3:02)
Yeah, Jeff, excited to chat about Strive, all the great things you guys are doing. You're really, really setting the bar high for other Bitcoin treasury companies with SATA and all the great things that's happening. I would love to start with your background. Tell us about where you grew up, where you're from, how did you make your way into the crypto industry?

**Jeff Walton** (3:20)
Yeah, so I grew up in Sacramento, California, Central Valley, and I became very interested in business and finance in high school.
I had some challenges with my parents, and I needed to get out of Sacramento. That was like my number one goal, I needed to get out of Sacramento. So I ended up going to university at the University of Puget Sound in Tacoma, Washington. I graduated at the top of my class in high school, got some scholarships to go play baseball and football at the University of Puget Sound, studied business and economics, was incredibly fascinated into math, and I wanted to go work in New York and work for one of the hedge funds. I wanted to go do the sexy thing. Ultimately, I ended up getting a job in reinsurance in Seattle, and so I got to live with my friends up in Seattle, and I got to still work in finance, but it was this unique, tiny niche world of finance, which is the reinsurance world. Now, reinsurance, if you're unfamiliar, is insurance for insurance companies. Insurance companies have balance sheets, and they manage liabilities into the future. They're taking in capital premiums, they're investing those premiums, and they're anticipating that they're going to have to pay out claims into the future.