Bitcoin & Markets

In this episode we walk through a discussion of money supply, Fed policy, and velocity, to find out if inflation is coming to the dollar. This is an important concept for bitcoin because many people believe bitcoin's fate is tied to a weak dollar, which it is not. Website: Twitter: Links M0: M1: M2: GDP:  

The beloved bitcoin podcast is back with a reaction and hot takes on a recent interview between Danielle DiMartino Booth and Bitcoin Magazine's show Fed Watch. The show starts with an update on this podcast's current and future direction, then we listen to the recent interview, and finally react to it.

In this episode, I read through the new Europol EC3 Cyber Bits April and May issues where they talk about Wasabi wallet and bitcoin mixing in general. Full show notes at My copy:    Original:    Next part is on why you should Delete Coinbase. They are trying to sell your data to the DEA and the IRS. Story:    Janine thread on Neutrino and now Coinbase's crimes against human rights. Coinbase owns the technology from  

In this episode, I base a discussion about bitcoin and ethereum inflation around a tweet from Ryan Sean Adams, a popular etherean. I touch on the bitcoin halving, the fact that bitcoin's supply is not changing, and how ethereum wants to copy bitcoin and make unwarranted comparisons. Tweet: Full show notes at

In this episode I walk through an understanding of Liquidity and how the actions of the Federal Reserve can't increase liquidity and flow in the economy. I also give a quick definition of the REPO market and interpret it as a money substitute factory - a place that creates and destroys money substitutes. This is the consensus layer of the global financial system and how we need to define what money is. It's money substitutes that flow through the REPO and money markets. Mises on money​ substitutes Jeff Snider ​Excellent REPO market resource ​Highlighted Fed paper on Discount Window Stigma and how they try to address it

In Part 3, I answer some critiques and questions from the audience. The discussion on liquidity and Repo, the base layer of the Eurodollar system is now moved to Part 4 coming up soon. Questions from Epistemicrisis, Xan, CryptoGamer and Colin Harper. WTF is happening with the Fed?! - Is this inflation w/ Ansel Lindner - WTF 5    Website:

In this episode I tackle different types of money, debt, fiat and commodity monies. I discuss how they behave differently as a global money standard. Debt has a unique aspect of global deflation that's not shared with other forms of money. I discuss bailouts at money replacement, not money expansion. Finally, I wrap up with how this all ends.

In part one of this series I describe two important schools of thought on the global monetary system and the future of the dollar: the Dollar Milkshake and the Eurodollar. Then I try to establish a definition for inflation as a monetary phenomenon based on mainstream Milton Friedman, Mises and my own defintition. Lastly, I ask the question if what we think of as monetary expansion today, is actually monetary expansion. In part two, I'll discuss the differences I see between debt based money, fiat and commodity money. Website: https://bitcoinandmarkets.com/e211 Brent Johnson Dollar Milkshake:    Jeff Snider Eurodollar University:    Milton Friedman:   Mises:   

Hi Bitcoiners, I'm reading through my Friday newsletter The Fundamentals Report along with my extra commentary. Topics covered are the virus and effects of lock downs and shortages in gold and the dollar. I also talk about how bitcoin fits into this market. Show notes post: https://bitcoinandmarkets.com/e210/ Report: https://bitcoinandmarkets.com/r83/

In this episode I discuss the bullish case for bitcoin being driven by QE but not via a weaker dollar. The dollar will continue to strengthen in a volatile way. Bitcoin will be bid because the traditional market will get worse and worse at price discovery and bitcoin will get better and better. I bring in two articles. The first one is about China's consumer credit bubble popping and the second is about primary dealers in Japan refusing to sell their JGB's to the Bank of Japan. That effectively stops QE as a weapon of the central bank. The primary dealers would rather use their JGB's in dollar swaps with the Fed. China consumer credit: Japanese bonds: Website: https://bitcoinandmarkets.com/e209

In this episode I use a tweet by Pierre Rochard and a video from Daniel Hannan as a jumping off point to talk about globalization, the growing distrust in our institutions, non-monetary rewards, and what this current crisis will lead to. Links: Pierre's tweet: "If everyone added to their cash balances during the good times, they wouldn't need to beg politicians and central bankers for bailouts during the bad times. But inflation penalizes cash balances. This is why we #Bitcoin." Daniel Hannan video: Website:

In this episode, I break the news that the Fed has cut interest rates to zero and launched QE 5. The Fed is not in charge of interest rates, they follow the market. Interest rates were already close to zero in the market, so this move by the Fed was reactionary. They have lost control. I also talk about currency swaps and how to position yourself for the coming financial reset. Image link: News article:  Transcript of rate cut: Highlighted transcript of rate cut: Transcript of liquidity announcement:

In this episode I discuss ideas around the misunderstood concept of 51% attacks in mining, drawing inspiration from a tweet by . Tweet: Website:  

In this episode we discuss the historic times we are living in, focusing on the evolving situation and effects on the markets of the coronavirus. I touch on the stock market, bonds, yield curve, prepping, what you should expect to develop over the next few months. We also speak briefly on the bitcoin price, why it's falling, and what we can expect over the next few weeks going into the halving.    

On this episode I walk through a very deep tweet that will help us understand multiple assets on one chain. These I call these non-native assets and they have non-native incentives. I bring in many connected ideas and try to make sense of it all. @BobMcElrath tweet:  

In this episode I talk about the recent proposal to offer a "safe harbor" to ICO scams for 3 years. This proposal was put forth by Hester Pierce, a previously bitcoin friendly Commissioner at the SEC. I question the intentions behind this proposal and the totality of the SEC's actions in the space. Article link:

This is a quick discussion on how the coronavirus is affecting bitcoin mining in China and the price. I give you an update on the virus and then read a couple articles, and finally discuss the economics of supply and demand in the shadow of the third halving. Articles mentioned are: Decrypt    Coindesk:  

Hello Bitcoiners! I'm back with a short discussion of the Tron vs ETH2.0 debate. Is Tron better or the always delayed ethereum centralized ethereans? I give you a quick rundown of the situation and a based assessment. Bitcoin is King, Eth is a scam, Tron is a scam. We are seeing the beginnings of the scam coin conflict. Website: Article: NVK's tweet:  

I go through as article from Coindesk that is very misleading about ETH2.0. Don't believe the hype. This is only phase zero they are trying to launch this year. Phase zero does nothing to immediate scale ethereum, it's only a preliminary step in an overly complex 5 year plan for ETH2.0.  Website: Article link: Annotated article: Parity client DAO: Phase 0 details: Marty's thread:  

In this episode I go through Federal Reserve Governor Brainard's recent speech on Central Bank Digital Currencies (CBDCs). I cover all aspects but focus on money versus means of payment, free market value versus central planner force / central banker legal tender laws. Link:

In this episode I discuss the bitcoin price in and where it's going. Bitcoin is in the big leagues and part of every important panel discussions and on the lips of every powerful financial person in the world today. Next, I talk about the upcoming bitcoin upgrade called Taproot. Show notes: Links:

In this episode I discuss recent price movements and how they corresponded to the tense Iranian over the last week. I look into recent developments of State-sponsored stablecoins and detail the Baidu beta launch. Then I dive into the drama behind Nakamoto,com. Altcoiners using the term "pro-bitcoin" in a desperate attempt to extent their ponzi schemes. Lastly, I quickly talk about the halvening not being priced in. Links: https://bitcoinandmarkets.com/e196 Baidu network https://xchain.baidu.com/ New York Ledger https://decrypt.co/16155/new-yorks-lawmakers-are-pushing-for-its-own-cryptocurrency Nakamoto,com is a propaganda site https://twitter.com/Karalhoin/status/1213515397477150721 Veblen good https://en.wikipedia.org/wiki/Veblen_good Efficient Market Hypothesis https://en.wikipedia.org/wiki/Efficient-market_hypothesis 99% of altcoin volume is fake https://medium.com/swlh/how-to-better-estimate-bitcoins-true-trading-volume-by-fiat-currencies-and-against-altcoins-41623ddc9827

Discussion about the coming year and more for Bitcoin and this ecosystem. Topics include: The Halving Mining Tons on Lightning Altcoins Central Bank Digital Currencies Part 2 with discussion about the dollar and China can be found on my https://Patreon.com/bitcoinandmarkets

PRICE had 3 phases this year, 1) consolidation, 2) huge rally, 3) mini bear market FEES were very low all year, blocks full LIGHTNING First full year of mainnet wallets >3x growth Lightning Torch Watchtowers added to Lightning Loop in added to lightning Multi-part Payments added to lighting Hodlonaut Lightning bugs PLUG-N-PLAY NODES The rise of the plug and play node PRIVACY debates, privacy was enhanced in 2019 MISC QuadrigaCX Twitter and Square, Jack Dorsey #DeleteCoinbase Binance hack Tether and bitfinex CSW faketoshi sues everyone and gets owned in court Liquid tokens Plus token China block chain FUTURES Bakkt ErisX Binance/FTX Crypto Facilities/Kraken BitMEX seychelles CUSTODY Fidelity Coinbase/Xapo Bitgo/Kingdom Trust Swiss bank Vontobel GOV CRACKDOWN FINCEN threatens KYC IRS and other tax agencies start asking direct questions FBI says Bitcoin is a growing issue for them LIBRA and STABLECOINS CBDCs REPO market and the Fed

We are seeing the slow motion collapse of Ethereum in front of our eyes. I debrief the Adam Back comparison of Ethereum to Theranos and Vitalik's toxic reply to me of "ok bitcoiner". Short but dense episode. Show notes: https://bitcoinandmarkets.com/e193 Vitalik tweet https://twitter.com/VitalikButerin/status/1199820134275145728

Dense episode today. We talk about the recent bitcoin price drop and how or if China had anything to do with it. China has come out with massive support for "blockchain" yet they are cracking down on cryptocurrency exchanges. Are we in crazytown or are they serious? We've seen this before. The Central Bank Digital Currency (CBDC) is just the latest incarnation of altcoins, but this time, because they are feeling the heat. https://bitcoinandmarkets.com/e192

In this episode, I skip the price talk for the most part and talk about some news items. I take a deeper dive into Lightning Network for Bitcoin and the hot new app for private chat called Whatsat. Then go after Bianco the Chief of FinCEN and his comments quoted in Reuters. Lastly, I dissect OMFIF-IBM's report on DLT. Don't want to miss it! https://bitcoinandmarkets.com/e191 Links: Whatsat https://www.bitcoinlightning.com/whatsat-send-private-messages-via-the-lightning-network/ IBM OMFIF report https://bitcoinist.com/ibm-central-bank-issued-cryptocurrency-five-years/ FinCEN chief thug https://www.reuters.com/article/us-crypto-currencies-fincen/u-s-to-strictly-enforce-anti-money-laundering-rules-in-cryptocurrencies-fincen-chief-idUSKBN1XP1YR

In this episode I go over the bitcoin price movements over the last week and hit on the big news items of the week. The first news item is the China's complete U-turn into blockchain. Next I discuss the doxxing of customers by Bitmex, Coinbase's unscheduled downtime and the wide fluctuations caused in the market. Lastly, I discuss why we are seeing a pull back in the bitcoin mining hash rate. Links in show notes: https://bitcoinandmarkets.com/e190

Bitcoin's price explodes high today. I address current price movements in the first few minutes of the podcast, the we get into some deeper factors affecting the price. Our news today is about sidechains, lightning network, future on boarding, de-dollarization and Repo madness from the Fed continuing. Full show notes with links at https://bitcoinandmarkets.com/e189

This episode is packed with information. We talk about Bitcoin scarcity as it relates to the 18 millionth bitcoin being mined, I give a unique estimate of the size of the Lightning Network using app statistics, and give you an update on what's going on in the Repo market with the Federal Reserve. #Fed #bitcoin Show notes https://bitcoinandmarkets.com/e188

I'm back with an episode about the bitcoin price, the new IRS guidelines for bitcoin taxes, and some Ethereum news. There are pros and cons to the new IRS clarifications, and I go through all of those. You can find the full show notes at https://bitcoinandmarkets.com/e187

After months of building bearish indicators, the Bitcoin price finally broke down. We called this correctly and are now sowing the seeds of the bullish move. I talk about lots of price things, good things about Bitcoin infrastructure, including traditional type products and lightning network. This community has been waiting to stack sats at the appropriate time, and we are going to be ready for the resumption of the bull market. Full show notes at https://bitcoinandmarkets.com/e186

I'm back with a brand new episode of Bitcoin & Markets. Today I focus on bitcoin mining with the hashrate exploding and overnight repos from the Fed with liquidity drying up around the world. Of course, I give my predictions on price and opinions on the Bitcoin market as a whole. Love you listener. Consider supporting us on Patreon if you like the content.

Things are slowing down in the Bitcoin market. Price has recovered, but too a hit today. We continue in the consolidation pattern. News items are interesting this week. I mentioned several on my free newsletter, but in the podcast I speak about malware using information from bitcoin transactions, lightning network vulnerability, JP Morgan on stablecoins with negative yields, and the $1 billion transaction we saw yesterday.

An excerpt taken from our member live stream. I was asked about money as a belief system and I laid out my argument for why that's incorrect. Through out the 90 min live stream I was asked repeatedly about it, so I cut them all out and posted here. Please support our content by becoming a member on Patreon. Support our sponsors Fastbitcoins.com and etoro.com. https://bitcoinandmarkets.com/e183 

The bitcoin price dropped this week as we've been talking about for several weeks. Will it continue down to the ultimate $8500 target? We discuss that, the overall state of the market including development on Lightning and on Bitcoin's consensus layer. I give you a blast from the past when discussing altcoins. We wrap up with a discussion about the Bill Dudley's Fed comments in a Bloomberg op-ed.

I'm back with a great bitcoin episode, discussing price and a bearish contrarian take. The mining and developement in bitcoin. Lastly, I buzz around and give you some great news items you might not find on another podcast, including analysis of the Fed's Powell speech today from Jackson Hole.

A different format this week, I'm releasing the audio of this week's live stream on Patreon. We talk about the Bitcoin Ponzi scheme in China that recent was busted and SEC news. The meat of the show is a reaction to the Dan Held v Vinny Lingham recent debate. Source video is https://www.youtube.com/watch?v=C7VZBPWE7wU

This week sums up some of the macro events we've been seeing and analyzing how they fit into the recent bitcoin price movements. The end of the show is dedicated to my Gold vs Bitcoin debate for people new to this space that are discovering topics on money for the first time.  Show notes at https://bitcoinandmarkets.com/e179

Huge news week this week. We talk about the Bitcoin price, of course, some Bitcoin mining news, and Layer 2 technologies really picking up pace on development, setting the stage for the next bull market. Next, I dive into Bitcoin Independence Day, the failing Federal Reserve, and finally bitcoin taxes and the IRS. Show notes available at https://bitcoinandmarkets.com/e178

This week I go in depth on the Bitcoin price and the way in which the price is set. Many people disparage technical analysis and chart reading, but they also support other psychological measures. I don't buy it. Price is the only thing that matters. You can't partake in the market without market prices. I discuss many aspects of Bitcoin this week and go on several rants. Enjoy. Hit me back with feedback.

What a great week for Bitcoin. Congress grills Libra and talks bitcoin. Price is strong, but with a bit of downside risk. Altcoins continue to decouple, as they can't keep up with bitcoin. As time goes on, the silly narrative that bitcoin is used for illicit exchange is going to explode in their faces. On the macro side, the price of oil is dropping, so queue Iran FUD. It all comes down to the Fed at the end of the month.  Show notes available at: https://bitcoinandmarkets.com/e176

In this week's episode we discuss Bitcoin's volatile price in depth. Will we see new highs or new lows? I also discuss the crazy bitcoin mining sector and how it's been ramping up big time and if any altcoin or other cryptocurrency can hope to keep up with bitcoin. Lastly, I touch on the big topic of this week Trump's and Chairman Powell's comments on Libra and Bitcoin. Great episode. Don't forget to sign up for our newsletter for all the charts and other links. bitcoinandmarkets.com.

A slightly less crazy week in Bitcoin this week, but there's still plenty of news out there. We cover the price, the incredible mining hashrate surge, new estimates on the lightning numbers. For the news items I pass on some insights about CME volumes, tether updates onto ethereum, and the dollar. Show notes: https://bitcoinandmarkets.com/e174

In this episode I take time to discuss the price and historic bitcoin price movements. I touch on mining and lightning, and compare digital barter interoperability to interoperability with one money. Last, I cover the $13 trillion in negative yielding bonds. Show notes: https://bitcoinandmarkets.com/e173

Huge week this week in Bitcoin. We saw Facebook drop their whitepaper and other docs for their token Libra, Binance kicks out US customers, and the Fed refused to lower rates (yet). We cover all of that plus the fundamentals that are moving Bitcoin's price. Show notes and links at https://bitcoinandmarkets.com/e172

Get up-to-date on all the prices, metrics and big news events from around Bitcoin every week. On top of our weekly metrics, I cover the Bakkt, Stablecoins, and the macro situation regarding fiat currencies and the events in the Gulf of Oman. https://bitcoinandmarkets.com/e171

Group chat with some great Bitcoin content creators, Guy Swann from Cryptoconomy, Brady from Citizen Bitcoin, Christian from POV Crypto, and Jeff from work on this show. This is a Part 1 of this banter, Part 2 will be out in a couple of days first on Patreon, and then in 2 weeks on the normal feed. The full run time was over 2 hours, so we are splitting it after the main topic on this episode which is Decentralizing Youtube. We talk about DTube, Dlive, and other YouTube alternatives. They aren't really decentralized but we rap about the how and the why.   https://bitcoinandmarkets.com/e170

This week we go on a trip through the fundamentals in Bitcoin and hit news items along the way. Specific news items I discuss are Tuur Demeester's new Adamant Capital piece called A Note on the Bitcoin Rally, the block reward as a disruptive subsidy to hash rate, an analysis that shows 51% of dapp Daily Active Users are bots, and stablecoins and Facebook Globalcoin. Show notes: https://bitcoinandmarkets.com/e169

This week in Bitcoin was dominated by the price and the budding of a culture war. People bring their own bias to Bitcoin, there's no dominant bitcoin culture. You see what you want to see. This week we also saw a new All Time High is hashrate and difficulty in Bitcoin. Lastly, I discuss the Lightning Network Plateau. More at https://bitcoinandmarkets.com/e168