Why did the market tank when the Fed cut rates? And are normies finally realizing inflation is staying higher for longer? I break it allll down, and why I'd rather not see an Executive Order to create a #Bitcoin Reserve in the US, but there is at least one upshot. 🎉 Enjoy, it's the last planned episode of the year! 🎅 https://www.thisweekinbitcoin.show/episodepage/the-15-trillion-tantrum
🎉 My biggest episode yet! $100k seems to really have freaked some people out, I can't overstate how stupid some people are getting. I bust the biggest FUD since #Bitcoin hit $100k, and much more in this super sized edition of This Week in Bitcoin: https://www.thisweekinbitcoin.show/episodepage/100k-worth-of-fud
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What's wild to me is how most of the free software and #Linux community is just totally sleeping on Bitcoin. Still. Let's not lose sight of the fact that #Bitcoin is open source code. Just because most of the open source community don't recognize or celebrate what an achievement $100k is, that doesn't take away from how historic it actually is. Bitcoin is not some Apple product or something Elon is selling, it's owned by the people because "everyone" else slept on this technology for 14+ years. image
$100k! Not gonna lie, it does feel like a bigger deal than $20k did. What's even more impressive is just the insane amount of trading volume happening right now. When do these people sleep? 😉
Hey #nostr frens 👋 I think Bitcoin adoption might be the best thing to happen to the dollar system, and I discuss my thoughts around #Bitcoin backed loans, and why everyone can calm down about the Bitcoin ETFs. It's all in this week's episode, catch it in your player of choice: https://episodes.fm/1733733790/episode/YmYzZmIzYWYtOTY1NS00MjZhLTkyZDMtNmI2ODEyZmRlZDcz?view=apps&sort=popularity
Why do we need taxes when we print money?