I spoke with @jvisserlabs to break down the Leopold Aschenbrenner hedge fund unwind, the market crashes in South Korea and Japan, Kevin Warsh and the Fed's next move, and the case for compute scarcity as AI demand outpaces supply. We also discuss tokenization and why bitcoin remains the ultimate hedge and store of value in a world being reshaped by AI. YouTube: https://youtu.be/03S1ECNLBnA?is=btwPUyqQaQq4fV_i Spotify: https://open.spotify.com/episode/1gASl1Wb1fP2D9ykYFBdwT?si=9C1pxX-2SAaNOVwrnXFyFA&utm_source=copy-link Apple: https://podcasts.apple.com/us/podcast/the-pomp-podcast/id1434060078?i=1000779409331 TIMESTAMPS: 0:00 - Intro 0:48 - Leopold's fund unwind & lessons from past blowups 9:21 - Hedge fund leverage & how AI is reshaping market structure 11:45 - Korea & Japan's market collapse 13:56 - AI will destroy all public companies? 15:20 - The bull case for hyperscalers & compute scarcity 27:44 - Why bitcoin is the best hedge fund ever 29:12 - Kevin Warsh & the Fed 33:48 - Does this help Wall Street or Main Street? 36:47- Advice for a 25-year-old starting their career today 41:18 - Bitcoin & the rest of crypto industry 48:52 - Migration, digital money & the breakdown of borders 57:56 - What Jordi is covering in his next video(Anthony Pompliano 🌪)