Fannie Mae Eyes Bitcoin Collateral, Abstract Tries to Fix Incentives

Fannie Mae opened the door to one of the show’s biggest ideas, with Cap framing crypto-backed mortgages as a real step toward Bitcoin becoming usable collateral instead of an asset people have to sell to buy property. From there, the conversation turned to Abstract, where the bigger question was whether XP systems and onchain activity are rewarding real user behavior or just pushing people into empty farming loops. The market backdrop stayed shaky throughout, with Bitcoin rejecting around $72K, Circle bouncing after its sell-off, and broader uncertainty still hanging over risk assets. Together, the episode felt like a mix of crypto moving closer to traditional finance while consumer platforms still struggle to get incentives right.Subscribe:Coffee with Captain Newsletter: https://coffeewithcaptain.beehiiv.com/YouTube: https://www.youtube.com/@coffeewithcaptainshowFollow on X:Chris Jourdan: https://x.com/ChrisJourdanCoffee with Captain: https://x.com/coffeewithcap_This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris and guest speakers may hold tokens discussedCheck Out:Doma: Tokenizing DomainsUnvault: Revolutionizing NFTsThe Everything Token: A Book on Web3 and NFTsSave money on your taxes easily with Awaken Tax: new users use code coffee50 or returners use returncoffee50For 10% off the Dominion 2026 conference, register with this link: Dominion 2026 coupon