When Shift Happens Podcast

Matt Hougan, CIO at Bitwise, explains why Bitcoin could reach $6.5 million and why Solana has "the best setup I've ever seen" for a 10x to $1 trillion.

THE SHIFT NEWSLETTER
💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter
___________
PARTNERS
💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.
https://z.cash/ecosystem/zashi-wallet/
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/
🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv
💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT
🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.
 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356
🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/
💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.
 https://sui.io/
🧩 Story makes IP and real-world data programmable, enforceable, and monetizable.
 https://www.story.foundation
★ Forza!, Coinsilium’s Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/
🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem. 
Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t
___________
Follow Matt Hougan
• Twitter: https://x.com/matt_hougan
• Twitter: https://x.com/bitwiseinvest

FOLLOW WHEN SHIFT HAPPENS
Twitter (X): https://x.com/KevinWSHPod  
Instagram:  https://www.instagram.com/kevinfollonier_ 
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://kevinfollonier.com/
DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction
1:35 Please Subscribe
2:01 Matt’s Last Episode Popped Off
3:59 At Least 10x Left On The Crypto Marketplace?
4:36 Why Is Bitcoin Still Early
5:43 Who Are You
11:09 Our Trusted Partners
11:45 Why Is A Higher Price In Gold Bullish For Bitcoin
12:49 Matt’s Portfolio Regarding Gold, Bitcoin, & Crypto
13:56 How Does 1 Bitcoin Reach $6.5 Million In 20 Years
15:03 How Could This Thesis Be Wrong
20:27 Wise & Boring vs Unwise & Exciting
21:40 Two Bets On Solana Explained
25:11 Confusion With Crypto Investing Explained
30:00 Does Solana Have The Best Setup
30:31 How Big Could Solana Get In 10 Years
31:20 Our Valued Sponsors
32:29 How Matt Expresses His Bullishness On Solana 
37:13 Is Your View Still Holding Bitcoin, Bitcoin, Bitcoin?
38:27 What’s The Deal With Ethereum
42:14 Our Esteemed Supporters
46:16 Debasement Trading Will Be More Popular In 2026
48:00 How Do I Get Rich With Crypto In 2026
49:14 Alpha & Long Term Trends Build Wealth In Crypto
55:23 One Thing To Remember From Conversation

Kostas Chalkias, co-founded Sui after leaving Facebook's Libra - and named his son Kryptos.
While other blockchains compete on speed, Sui built what nobody else prioritized: quantum-safe cryptography, AI-ready infrastructure, and blocks large enough for robots. 
Governments and developers are quietly choosing Sui over Ethereum and Solana.

THE SHIFT NEWSLETTER
💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter
___________
PARTNERS
💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.
https://z.cash/ecosystem/zashi-wallet/
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/
🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv
💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT
🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.
 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356
🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/
💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.
 https://sui.io/
🧩 Story makes IP and real-world data programmable, enforceable, and monetizable.
 https://www.story.foundation
★ Forza!, Coinsilium’s Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/
🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem. 
Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t
___________
CONNECT WITH KOSTAS
Twitter: https://x.com/kostascrypto
Twitter: https://x.com/Mysten_Labs
Website: https://t.co/EufSM90Sd9
FOLLOW WHEN SHIFT HAPPENS
Twitter (X): https://x.com/KevinWSHPod  
Instagram:  https://www.instagram.com/kevinfollonier_ 
TikTok: https://www.tiktok.com/@kevinfollonier_
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://kevinfollonier.com/
DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction
1:32 Please Subscribe
1:56 Going Outside
3:26 Time Difference In Dubai vs U.S
5:50 Why Kostas Doesn’t Sleep
8:09 Isn’t It Annoying To Change This 8 Year Habit
8:42 Did You Realize This Habit Wasn’t Healthy
11:50 Our Trusted Partners
12:26 Using Stable Coins Everywhere
12:59 What Is A Cryptographer Explained To Your Mom
15:18 How Secure Are WhatsApp Messages from Governments POVs
28:20 Most Companies Lack Strong Cryptography Teams
30:03 Do You See This Happening With Mysten, Growing To Big To Make Decisions Quickly
33:00 Our Valued Sponsors
43:46 What Is The One Big Breakthrough SUI Is Known For
50:34 - Our Esteemed Supporters
51:25 What Is SUI Doing At The Intersection Of AI, Crypto, And Robots
59:26 Closing Remarks - Most Passionate Founder

Andrej Majcen, CEO of Bitcoin Swiss, built a $6 billion crypto empire from $500 Bitcoin without VC funding.
In this conversation, Andrej explains why we have a 5-year window to build generational wealth - and why Bitcoin, not crypto, is the answer.

THE SHIFT NEWSLETTER
💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

___________

PARTNERS
💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.
https://z.cash/ecosystem/zashi-wallet/
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/
🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv
💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT
🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.
 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356
🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/
💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.
 https://sui.io/
★ Coinsilium is a Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/
🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem. 
Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t
___________
CONNECT WITH ANDREJ
Twitter: https://x.com/AMajcen_BTCS
Twitter: https://x.com/BitcoinSuisseAG
FOLLOW WHEN SHIFT HAPPENS
Twitter (X): https://x.com/KevinWSHPod  
Instagram:  https://www.instagram.com/kevinfollonier_ 
Linkedin: https://www.linkedin.com/in/kevinfollonier/
DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction
1:35 Please Subscribe
2:01 Building A Good Work Environment & Being Critical
5:05 Where Does This Hardworking Attitude Come From
7:50 Viewpoint On Working Difficult Jobs At An Early Age
10:57 Our Trusted Partners
11:34 Who Are You
12:24 How Andrej Became Fascinated By Crypto
15:41 The Price Of Bitcoin When You Started
19:16 Your View On The Crypto Space
22:53 Your Answer To “Bitcoin Is Too Expensive”
26:15 Why Andrej Owns Real Estate When Most People Are Against It 
31:24 Our Esteemed Supporters
43:17 Bitcoin Suisse Explained To Your Mom
49:37 What’s The Origin Behind The Name Bitcoin Suisse 
53:46 Our Valued Sponsors
56:36 Comparing Investment Assets, S&P 500, Gold, Bitcoin
1:04:36 Nicholas Story & Allocating Large Amounts Of Capital
1:08:51 Why You Relocated To Abu Dhabi 2 Years Ago
1:10:29 Why Abu Dhabi Specifically For This Objective
1:15:34 What Makes Bitcoin Suisse Special
1:16:13 Who Do You Serve & Not Serve
1:17:19 Why You Don’t Serve Retail Anymore
1:18:19 What’s Bitcoin Suisse’s Endgame
1:19:55 Andrej’s Biggest Flaw
1:22:12 One Thing People Should Remember

Raags, CEO of Kast, lost a $100M company and spent 8 years paying back debt. 
Now he's building what he believes will be a trillion-dollar stablecoin bank serving 150+ countries. 

THE SHIFT NEWSLETTER
💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter
___________

PARTNERS
💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.
https://z.cash/ecosystem/zashi-wallet/
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/
🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv
💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: ⁠https://go.kast.xyz/VqVO/SHIFT⁠
🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.
 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356
🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/
💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.
 https://sui.io/
🧩 Story makes IP and real-world data programmable, enforceable, and monetizable.
 https://www.story.foundation
★ Forza!, Coinsilium’s Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/
🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem. 
Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t
___________
CONNECT WITH RAAGS
Twitter: https://x.com/raagulanpathy
Twitter: https://x.com/kastxyz

WHEN SHIFT HAPPENS
Twitter (X): https://x.com/KevinWSHPod  
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://kevinfollonier.com/

DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Managing A New Baby + Business How?
1:32 How You Deal With Social Media & Gatherings
4:44 The Math Of Compounding As A Founder Explained
6:43 Getting Others To Understand Compounding At Scale
7:22 How Much Time Goes Into This?
8:39 Who Are You
11:00 Our Valued Sponsors
19:33 Eating The Humble Pie Explained
21:16 The Importance Of Ego In Entrepreneurship
23:46 Retweeting A Complaint Comment + Response
26:59 How You Made Money After First Business Failure
29:18 Why You’re Called The Stable Coin Guy
31:30 Our Valued Sponsors
31:47 Stable Coins Have Unified The Dollar System
32:51 How Do You Look At The U.S Dollar vs Stable Coins
35:47 What Did You See That Made You Start Kast
39:06 Explain Kast To Your Mom
42:11 Why Are You Building Kast With Over 100 Employees
47:41 How Do You Simplify The Stable Coin Usage System
49:33 Are You A Fintech Or Crypto Company
50:48 How Likely Would Revolut Or Robinhood Replace Kast
54:14 How Is It Possible For Kast To Be Profitable After 15 Months
57:57 What Is It About The Gold Card
1:02:03 How Can Someone Tell If They Should Spend Or Hold

Raoul Pal shares his framework for making it in crypto in 2026 without getting lucky: hold the right assets and do absolutely nothing. 

THE SHIFT NEWSLETTER
💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter
___________
PARTNERS
💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.
https://z.cash/ecosystem/zashi-wallet/
🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/
🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv
💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT
🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.
 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356
🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/
💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.
 https://sui.io/
🧩 Story makes IP and real-world data programmable, enforceable, and monetizable.
 https://www.story.foundation
★ Forza!, Coinsilium’s Gibraltar-based Bitcoin treasury arm. Coinsilium trades on AQUIS (COIN) and OTCQB (CINGF). https://www.coinsilium.com/
🔘 Mantle Network combines Ethereum-level security with low fees and fast transactions via its layer-2 tech. Stake ETH for mETH and join a transparent, community-governed ecosystem. 
Join the upcoming Mantle Hackathon: https://mantle.to/hackathon/a4t
___________
CONNECT WITH RAOUL👇
Twitter: https://x.com/RaoulGMI
Linkedin: https://www.linkedin.com/in/raoul-pal-real-vision/
Instagram: https://www.instagram.com/raoulgmi
YouTube:  @RaoulPalTJM  
GET RAOUL PAL’S FREE REPORT AND PREPARE FOR THE NEXT DECADE: https://rvtv.io/3YOZZUe

FOLLOW WHEN SHIFT HAPPENS
Twitter (X): https://x.com/KevinWSHPod  
Instagram:  https://www.instagram.com/kevinfollonier_ 
Linkedin: https://www.linkedin.com/in/kevinfollonier/
Website: https://kevinfollonier.com/

DISCLAIMER
The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction1:40 Please Subscribe2:06 Getting Sick, Conferences, & Podcasts4:04 You’re Either A God Or A Moron6:13 Why Would Someone Attack Anyone For Any Reason?15:13 Our Trusted Partners18:46 Traders Are Claiming The Move Is To Buy & Hold21:38 Liquidity Is The Name Of The Game In Crypto26:59 What Is A Minimum Regret Portfolio30:47 Does Raoul Follow His Own Framework36:33 Our Valued Sponsors40:24 What Raoul Needs To Pull The Trigger On ZCash54:26 Wall Streets Thoughts On Crypto vs Reality56:21 Raoul’s Take On Crypto’s Exponential Growth1:09:43 Raoul’s Portfolio In 20251:11:48 Honest Thoughts On SUI In Late 20251:21:03 How Lucky It Is To Be In These Positions 1:28:13 What’s Happening With NFTs1:35:27 The Upstream Of All Wealth Leads To Art1:38:53 Is Your Advice Still To Buy The Dip In 20251:45:50 We’re Learning Conviction Even Now1:47:55 How To Win With Crypto In 2026