He Coded With Satoshi. Now He's Back to Help Bitcoin Treasuries.


Jeff Garzik found Bitcoin in July 2010 from a Slashdot post. Sixteen years later, his read on where we are is blunt: the ban risk is gone.
But Garzik's more interesting claim is about what treasury companies are getting wrong right now. Every Bitcoin sitting on a corporate balance sheet earning zero yield is money left on the table.
His framing: custody was step one, and the industry cleared it. Multi-sig, geographically separated key teams, air-gapped machines in secure rooms. Check the box. Wall Street's second layer — leveraged ETFs, indexes, options on the individual plays — that's arriving now.
Yield is the step nobody's taken. Rates on BTC sit in the low single digits. Not amazing. But 1-2% on billions is not nothing, and zero is a choice.
That's the thesis behind Hemi, his L2 that embeds a full Bitcoin node inside an Ethereum node — Bitcoin finality, EVM programmability. The question every CFO in this space is walking into 2027 with is what that Bitcoin is supposed to do — sit there, or work?
Hear more about Jeff’s view in his recent podcast with Tyler Rowe. 12,000 people already have. It’s now our 2nd most watched episode ever.
The people deciding that will be in one room on September 28. Adam Back. Grant Cardone. Eric Weiss. Raphael Zagury. Matt Cole.
The man in the actual white paper. The man who pitched Saylor. The CEO steering the #2 treasury on Earth. And the developer who was writing this software before most of the industry knew it existed.
300 seats. That's the whole room.
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