Bitcoin & Markets

Full show notes with links and charts: https://bitcoinandmarkets.com/e286/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Today's episode is a free form show. I cover serveral unrelated topics. First, is the current developments in the oil market, where production is up to 12.26 million bbl/d in the US, which is being offset by the decline in releases from the Strategic Petroleum Reserve, creating a net neutral supply condition, yet price is hitting higher highs. That tells me that economic activity is actually rising in the US. Next, we take a look at the bitcoin price and discuss some things from that market. Lastly, I go through the deep thought of the day. That without government involvement perhaps official measured living standards would drop, but living standards in other things would go way up. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e285/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In today's episode, I cover the big news of the week for macro and that is the relaxation of yield curve control in Japan. I cover a few charts up front, that you can find below on bitcoinandmarkets.com/e285/, then read through some mainstream coverage of the event, and finally read through my own post from last year Yield Curve Control Skepticism. Big episode, thanks for listening! Links Kuroda-nado not enough to derail US Treasuries Yield Curve Control Skepticism #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e284/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In today's episode, I listen to a part of a recent Rabbit Hole Recap with Marty Bent and Matt Odell. In it they discuss inflation, monetary policy, Treasury yields and more. It is full of confusion and fallacies, so I set the record straight. Next, I go through two recent news items regarding the Federal Reserve. The first is that their data provider was hacked on the first day of the recent FOMC meeting, the second is their own research disproving their jobs data. Links Rabbit Hole Recap Federal Reserve data hack Philly Fed research on jobs #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e283/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In today's episode, I read through the weekly newsletter that was delayed this week. It usually comes out on Mondays, make sure you are subscribed! I discuss the main headlines for the week that effect bitcoin from the macro and popular side of things, and go on many tangents. Next we cover price, you can find those charts below or on the report linked. I touch briefly on the Elon Musk doxxing controversy and then take questions from the listeners. Links Bitcoin Fundamentals Report #221 EU threatens sanctions on Twitter, for too little then too much censorship #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e282/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In today's episode, I discuss Senator Elizabeth Warren's new anti-bitcoin bill introduced in Congress this week. It is atrociously bad, being Unconstitutional on multiple levels, and will go nowhere. It does a great job of outlining what the dystopian hell hole a CBDC will be. Next, I talk about the recent Japanese Center for Economic Research (JCER) report that now predicts China will not surpass the US economically in the foreseeable future. Exactly as I have been saying. They stopped short of calling out the real reason behind it though, that is communism. Enjoy the episode, make sure you are subscribed! Links Sen Warren article Thread by Pettis JCER article #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e281/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In today's episode, I include two live streams from Tuesday together. I heavily edited them for time and clarity. The first one is a live reaction to the CPI. The second is a wide ranging talk on why the market seem so counterintuitive at the moment. At the end, I go into a long exposition about misplaced narratives and the future in deglobalization, especially around Emerging Markets. Enjoy. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e280/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Today's episode is about the busy week ahead for macro and bitcoin. The US CPI comes out tomorrow, and the FOMC rate decision on Wednesday. I give some background and my latest prediction. The main part of the show is listening to a recent post by George Gammon on his YouTube channel (linked below or on bitcoinandmarkets.com). He was responding to some Michael Saylor tweets and totally missed the point. I pick apart several of his arguments. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e279/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Today's episode is a free flowing discussion about the news of the day. I take several posts I made in Telegram, and expand on them, including a crazy tweet about ethereum being ultra sound money. At the end of the show I take a few questions from listeners on Telegram, who ask about Tim Draper's price prediction, mining stocks and paper bitcoin on FTX. Great show, see you next week! Links China starts QE Jaran Mellerud tweet Germany rounds up political dissidents #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e278/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I comment on the bitcoin price and then get into a tweet from disingenuous Udi. That takes me on a twisting rant about "crypto" and the entire space. Enjoy. Links USDC gets access to Fed's RRP Udi tweet Neil Jacobs tweet with Cory Klippsten calling out "crypto" journalist scammers #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e277/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, while talking about current macro charts I end up summarizing my macro and geopolitical framework. Oil, stocks, bitcoin, and Treasury yields are the main topics. Links Judge Dismisses Lawsuit Against Saudi Prince Over Khashoggi Killing Citing Biden Immunity Most Americans Support Musk's Efforts To Make Twitter "More Free And Transparent": Poll WTI Slides After Huge Product Builds, Crude Production Rise #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e276/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I go through several comments by my community on Telegram. Then we talk the bitcoin chart a little bit. After that, I read the abstract of the Fed's new paper on retirement and discuss. Finally, I read through my article for Bitcoin Magazine. After recording, my article was then reposted to Zerohedge, pretty exciting for me. Links Retirement Paper from Federal Reserve Deglobalization post #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e275/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I summarize my weekly newsletter and discussion credit in a post-bitcoin world. I spend a lot of time usually talking about how credit works today and how it will change going into a bitcoin world. But once bitcoin has won, what will credit look like? Some people think there will be very little credit in a post-bitcoin world. A tweet I read a couple weeks ago and talked about on the show said, there won't be mortgages in a post bitcoin world, and somehow implied that mortgages are bad. To have this discussion, I use two tweets, one by @John_at_swan and the other by @EricYakes. Enjoy. Links @John_at_swan thread Eric Yakes tweet #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e274/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I react to a tweet thread by Danial Batton about the recent ECB blog post attacking bitcoin being a sign that the indirect attacks on bitcoin through proxies have failed, so the ECB has resorted direct attacks. In it he frames central banks as the big bad evil in the world. My take is slightly different. They are very inefficient, but they are not necessarily the result conspiracy. Credit money won because it was better for the time and the place. Now the global monetary environment has changed because we are at the end of the global credit bubble. The world will naturally go toward a new money. This is a much more positive view, because instead of fighting omnipotent central planners and the most powerful people on the planet, you realize that the market will simply evolve and move toward bitcoin naturally. Next, I talk about the recent jobs report that came out yesterday, and the discrepancy between the Household and Establishment surveys. I once again take an anti-conspiracy stance, saying they just measure different things, and if the government wanted to manipulate things, why do they leave the Household survey untouched, and there to point out the manipulation? Why wouldn't they manipulate both? Links Daniel Batton tweet thread Jobs article #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e273/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, we cover a few charts like bitcoin, stocks and Treasury yields relative to the fed funds range. Next, I cover a few headlines. The first is that Neurolink is 6 months from human trials. Second, the extra-legal trick of the Biden White House, forcing his programs to be shot down in court. The last, headline is about the difficulties the EU is having instituting a price cap on Russia oil. It's all crazy. Last but not least, I take a question from Telegram from Carlo, who asks how the Fed influences shorter term rates but not longer term rates. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e272/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I start with the bitcoin chart (you can find at bitcoinandmarkets.com/e272/). I try to quickly move through the S&P 500, Oil, Treasury yields, and the US dollar index (DXY) charts. The main part of the show is reading through and commenting on the ECB's latest hit piece on bitcoin. Overall, this hit piece may market the bottom for bitcoin. Links ECB blog post Chicago PMI collapse JOLT jobs data #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e271/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I discuss the daily news around bitcoin, macro charts, have a quick debate about credit in a bitcoin world, peak oil demand, why the government uses CPI instead of just counting the money?, and finally, Apple helping communists across the globe. Links ShireHodl tweet Apple turns off Airdrop in China iPhone Pro troubles #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e270/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff This episode is a combination of two streams I did on on Monday November 28, 2022. The main topic was Jason Lowery's positions on Proof of work as violence and his appearance on Marty Bent's podcast. Of course, I hit many other topics like Tether, general FUD in bitcoin right now, credit, and how the future will look in a Q&A at the end. ...in a crypto-anarchy the government is not temporarily destroyed but permanently forbidden and permanently unnecessary. It's a community where the threat of violence is impotent because violence is impossible, and violence is impossible because its participants cannot be linked to their true names or physical locations. - Wei Dai in B-money Links Bitcoin Fundamentals Report Jason Lowery on Marty Bent's pod China riots tweet video (also below) Wei Dai's B-Money first paragraph Twitter signups surge Gabriel tweet discussion #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e269/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I cover a wide range of topics that come from my posts in the telegram channel. Things like drone attacks on shipping vessels, demographics and fertility rates. Then I read through a piece from Politico where they interviewed Matthew Ferranti, professor at Harvard and recent author of the paper recommending central banks buying bitcoin. I finish off the episode with a Q&A session. Links Politico piece on central banks buying bitcoin Chinese demographics and youth problems #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e268/ Telegram https://t.me/bitcoinandmarkets Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I go deeper into the Genesis, Digital Currency Group (DCG) and FTX connection. We discuss several important macro charts I included on the main show notes page, like Bitcoin, the dollar, the Hong Kong dollar, stocks and gold. Lastly, I read through an article about the shortage of young workers already becoming a problem in China, and the worst of the demographic collapse has yet to come. Links Andreas Steno tweet thread China having trouble with young workers Texas Work Group on Blockchain Matters #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e267/ Telegram https://t.me/bitcoinandmarketsTwitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff In this episode, I go through my current newsletter starting from the FTX contagion and my thoughts, then to macro including China updates and the viral Georgia Meloni verbal attack on France, breaking down why she is amazing but wrong in this case about Burkina Faso. Lastly, I discuss the need for credit and investment to stay at least at the current levels in order to secure globalization. Bitcoin Fundamentals Report #218 The Huntsman tweet Matthew Pine tweet #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e266/ Telegram https://t.me/bitcoinandmarkets In all PODCAST apps, search "bitcoin and markets" Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Same Ship, Different Day Chigrl tweet White House G20 Declaration #23 Dylan LeClair tweet thread on Silvergate Happy Friday live stream! Today we talk about Silvergate being THE major bank for exchanges in the bitcoin industry and possible issues. We then dive into chart a little, including a tweet by @Chigrl about copper. I read an article about shipping and inflation from Zerohedge. Lastly, I read through the G20 declaration about vax passports that is making all the headlines. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e265/ Telegram https://t.me/bitcoinandmarkets In all PODCAST apps, search "bitcoin and markets" Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Back with another live stream, this one focused on FTX drama, bitcoin development discussion around RBF, Bitcoin mining investments, and more. I kind of start rambling at the end, but it's a good one. Balaji thread Jonwu thread on the John Jay Ray III finding the crazy state of FTX Error Log's thread #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes for links and charts: https://bitcoinandmarkets.com/e264/ Telegram https://t.me/bitcoinandmarkets In all PODCAST apps, search "bitcoin and markets" Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff This is the live stream from Wednesday prior to the live broadcast of Fed Watch on Bitcoin Magazine's video channels. I cover a wide range of topics around bitcoin and macro, including a war/peace cycle, ETH as the big daddy Ponzi to blow up, speculative attack on stETH from Lido, Q&A about globalization and China. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e263/ Telegram https://t.me/bitcoinandmarkets In all PODCAST apps, search "bitcoin and markets" Twitter https://twitter.com/AnselLindner for Spaces! FREE weekly newsletter https://tinyurl.com/2chhbnff Today's show is about macro topics. Of course, I discuss bitcoin's price and chart, and then discuss major developments missed by, and misinterpreted by, the mainstream financial press. Even alternative macro commentators get this wrong stuff wrong. Big topics are OPEC is cutting its global demand forecast for the 5th time since April and Ukraine softening its position on negotiations. I tie these things into describing and forecasting bitcoin. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with links and charts: https://bitcoinandmarkets.com/e262/ Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner for Spaces! I was lucky to get today's live stream recorded. Human error on Telegram kept it from recording properly, but Twitter Spaces recorded it. The audio quality is worse, which is one of the reasons Telegram is primary for me, but at least I have it and able to release it to you. Topics include a brief FTX big picture, bitcoin fundamentals discussion, macro charts, outline of my general geopolitical and monetary theory, US chip embargo, and Italy and French fight over illegal immigration. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes: https://bitcoinandmarkets.com/e261/ Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner for Spaces! Daily Live stream with FTX exhaustion. In this episode, I look into FTX regulatory repercussions, the next bitcoin narrative battle, stocks and dollar analysis, and Q&A. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes with charts and links: https://bitcoinandmarkets.com/e260 Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner for Spaces! Double live stream day! Initial live CPI reaction, then we discuss Powell's seeming Dilemma, frontrunning a pivot, Bitcoin price reaction, FTX drama and possible SEC collusion, and finally, regulation that is coming to the space. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes: https://bitcoinandmarkets.com/e258 Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner for Spaces! In this daily stream, I discuss the Red Wave briefly as a referendum against the disastrous global Marxist plans. Next, I get into the FTX and CZ drama as well as bitcoin's price reaction. Then I cover some basic currency charts of the Yen, Euro and DXY, as well as a couple Treasury yield charts. Lastly, I talk China import/export numbers the hype about ending zero-covid. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes: https://bitcoinandmarkets.com/e257 Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner On today's daily live stream, I discuss my weekly newsletter topics, including Bitcoin news and current events. Specific topics are the FTX and Alameda solvency issue, Replace-by-fee controversy in Bitcoin, price analysis including headwinds and tailwinds, mining news, and lightning networks bugs. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes: https://bitcoinandmarkets.com/e256 Telegram https://t.me/bitcoinandmarkets FREE weekly newsletter https://tinyurl.com/2chhbnff Twitter https://twitter.com/AnselLindner Another daily live stream. Today, I talk dicuss the bitcoin price action, along with stocks, the dollar, and oil. Find the the chart on the full show notes. After that, I read throug two articles, one about coming oil price acceleration and the Fed's choices, the other about the omnipotent is losing power. They offer me an opportunity to discuss why the typical bitcoin and "alternative macro" conception about the central bank and money are wrong. Lastly, I take a question from one of my listeners. He asks if bitcoin will benefit most from a tight dollar situation or a loose dollar situation. This is because I was talking about credit cycles and the business cycle, and that what we see today is simply a global credit/business cycle that cannot be allowed to collapse, because there is nothing backing any of the money. A collapse would mean liquidating all debt not just the bad debts. Therefore, it will be kicked down the road until we change the money. #bitcoin #macro #geopolitics ---- Disclaimer: The content for Bitcoin & Markets shall not be construed as tax, legal or financial advice. Do you own research. https://bitcoinandmarkets.com/disclaimer/

Full show notes: https://bitcoinandmarkets.com/e255/ Join Telegram https://t.me/bitcoinandmarkets Another daily live stream. Today, I debrief Fed Watch from yesterday, the current chart situation, I give a quick review of Jason Lowery's recent appearance on Preston Pysh's podcast about PoW vs PoS, I discuss an article about Saudi Arabia getting closer to China than the US, and answer a question from Twitter about my views of the future. Find all the links and charts on the full show notes page linked above.

Full notes: https://bitcoinandmarkets.com/e254/ This episode of Bitcoin & Markets marks a new beginning. Yesterday YouTube terminated my channel out of the blue after a live stream. I've since appealed, but this incident has made be question the direction of my show. This is a raw and unedited version of my live stream. I will be posting every live stream I do on Telegram and Twitter to my podcast feed as well. Where paid supporters were the only ones getting my live stream recordings, I want to open them up to everyone and try to broaden my reach. I also started a Rumble channel to check out. On this episode I talk about the ban, the upcoming Fed policy decision later today, the bitcoin price and technical analysis, and a few other topics from my Telegram channel, like the Foxconn issues over in China.

Join the Telegram! Support the show as a member on bitcoinandmarkets.com! This episode is dedicated to education. I select a few terms from the Bitcoin Dictionary and go through them. You can find the Bitcoin Dictionary on Amazon, or by going to bitcoindictionary.cc. The terms I selected are very important to understanding bitcoin, economics, and money. They are convergence, consensus, credit commitment, money and economic medium. Full show notes https://bitcoinandmarkets.com/e253 #bitcoin #btc #money #crypto #economics

This episode is adapted from a live stream from Oct 12, 2022, where I discuss some arguments put forth by ethereum proponents about issuance of ethereum vs bitcoin. Join the telegram https://t.me/bitcoinandmarkets Full Show notes https://bitcoinandmarkets.com/e252 Subscribe and share!

Join the Telegram! Support the show as a member on bitcoinandmarkets.com! This episode is a short clip of my Telegram live stream (also doing them as Twitter spaces) on 8 Sept 2022. The topic was a tweet thread by Mark Moss. This is clip I detail why it is important for people to define inflation and deflation properly as changes to the money supply, and not falsely label all price level changes to "inflation". It is extremely misleading. Mark tells us that the price decreases we've seen over the last several decades are a result of "deflation". That is wrong. Globalization was enabled by massive amounts of credit creation, and since money is credit (we have credit-based money), this was massive inflation. The reason it is important to get the definitions right, is because price changes directly resulting from changes to the money supply (inflation or deflation) is the evil we are trying to avoid. In this case, money printing of the last 50 years led to globalization, economies of scale, artificial division of labor, and price declines. The evils of inflation was the lower prices and globalization. Now, in the reflexive deflationary environment, birth rates to go down, mental health deteriorates, and cultures degenerate. The evils of inflation didn't look like evils, prices went down, but be other side of the coin, deflation, exposes the damage done. Deglobalization is driven by deflation (shrinking of global credit) yet will lead to rising prices from losing efficiencies of globalization. The natural state of things is likely higher prices, but also higher birth rates, better mental health, and flourishing cultures. Initially, the deflationary environment exposes the evils of changing the money supply, but that forces a change in the form of money back to sound money, because the limitations of credit-based money have been reached, and the only way out is to change to a commodity money (I believe bitcoin).

This episode is a recording of my telegram live stream today. In it I discuss a recent video sent to me by a member on bitcoinandmarkets.com. I took the opportunity to describe how power difference appear in the geopolitical chess board. We get into the history of power, the geopolitics of Athens and Sparta, Britain vs France, why some areas have different cultures and economics versus other places, and finally, where is it all going. Original video: (give it a watch and a like) https://youtu.be/x0Iay1Kp9Vk Full show notes: https://bitcoinandmarkets.com/e249/

This episode is a read through and reaction to Arthur Hayes' recent post about Ethereum's merge from a reflexivity perspective. A summary of my major gripes can be found in full show notes: https://bitcoinandmarkets.com/e248/

Full write up here: https://bitcoinandmarkets.com/e247 In this episode, I react to another Jeff Snider interview, this time on the Mark Moss podcast. In the interview, Jeff response to Mark's questions about why QE doesn't work and is not money printing. I expand on Jeff's points by describing how QE actually handicaps future growth, and in a credit-based system, it also effects growth. I wanted to tackle the specific arguments Jeff makes about elasticity next. Jeff claims that the problem with the current system is the lack of elasticity in economic slowdowns. I think he'd also argue that the response to these slowdowns has an effect of ever getting back to a good economy, where credit is expanding, and where elasticity is high. He claims that lack of elasticity is the main problems we face today. My analysis is nearly opposite.

Member access to the shared Drive with all live streams can be found here. Website show notes: https://bitcoinandmarkets.com/e246 This is day #10 in my 30 in 30 live streams on Telegram. If you aren't in there, you should be. In this episode, I discuss the bitcoin price, stocks, the catalyst for a bullish rally, Ukraine situation, Taiwan and China threat or not?, and Richard Werner on credit-based money. I do expect the bitcoin price to rally along with stocks over the next 6 month back to ATHs. I walk through the below chart for the immediate term. Then I say we need a catalyst to really explode higher, and what could that be? Ukraine update The situation in Ukraine is coming to a head. Back on July 16th in Telegram I wrote about Ukraine developments, in part I said: So, what we have is a coalescing of factors on around a date roughly 3 weeks from now. 1) completion of Special Military Operation goals in Donbas, 2) failure of major Ukrainian southern offensive, 3) diplomatic contact through proxies, 4) energy crisis and civil unrest in Europe, already toppling governments in the UK and Italy, maybe more soon.If there is going to be a ceasefire/conclusion to this conflict it will take place then in my estimation.Wildcard: US deep state has promised to fight in Ukraine until the last Ukrainian. They won't give up easily. This map was floated by Medvedev this week. Taiwan threat? Next, I talk about the Taiwan threat. My basic understanding on Taiwan and China remains the same. China is in a credit crisis and is facing the end of the US-led liberal order that enabled them to grow in the first place. They do not have the ability to project power, period. They can perhaps stop Pelosi from landing on Taiwan, but will not respond. In an unusually aggressive warning from Beijing, the CCP told the US to not let Pelosi visit Taiwan, even as equal EU politicians have recently visited with no problem. I say this is the Art of War, looking strong where they are weak. Why am I confident that China will not invade Taiwan or start a war? They have only a handful of amphibious vehicles, and it would take them 5 hours to reach Taiwan over the open ocean of the Taiwan Strait, with hundreds of precision guided missiles trained on them. Once they land, they'd be alone as the vehicles went back to pick up another group. They'd have to assault a fortified beach defended by people fighting for the home. Last but not least, all the US would have to do to choke out China would be to close the Strait of Malacca to their trade. Bottom line, China does not have the tactical or strategic ability to take Taiwan by force, or take on the US militarily directly. Richard Werner The last segment of this live stream is me discussion Richard Werner's credit-based money theories. I agree with him on a couple things, 1) money is created in the process of making a loan, and 2) a healthy banking system will have more small banks than large banks. Where I disagree with Werner is that he is a Chartalist, meaning he thinks money is created by the State. His prescription for the financial system is to have more centrally directed credit creation. It's as simple as telling the banks to lend to production uses instead of financialization. What he doesn't understand is the financialization is a direct consequence of not having a commodity backing. It is a way of simulating a commodity backing by interconnecting counterparty risk throughout the system. He also doesn't accept that credit-based money does not allow for creative destruction, so the monster continues to grow and runs into diminishing marginal returns on debt. The monster must keep swimming or it will suffocate, but where it can swim becomes more and more restricted. Like a game of snake, where eating the dots makes your body grow. As you get toward the end of the game, there is little choice of where to turn. Your freedom of movement is restricted, you must continue down a now predetermined path. This is credit-based money.

Member video https://bitcoinandmarkets.com/e245-video/ Full show notes https://bitcoinandmarkets.com/e245/ Article read from http://btcm.co/fear-hustlers/ This is a discussion and read through of a recent article that I adapted from last week's rant on the Fundamentals Report newsletter. The main ideas are that we should not abide catastrophism. Cries about the end of Western Civilization are overblown to sell books, get clicks and sell subscriptions for more alarmist macro content. It's not different this time. Economic fundamentals keep the world from spiraling out of control.

Member video https://bitcoinandmarkets.com/e244-video/ Full show notes https://bitcoinandmarkets.com/e244/ As listeners to this podcast know, I've been pretty well convinced of the Eurodollar system framework. Jeff Snider is the primary expert on this field today, and his popularity has started to spread rapidly. Though Jeff is an expert in the current system, his critique of bitcoin leaves room for improvement. In this episode, I breakdown part of a recent podcast he was on where he tried to summarize his opposition to a bitcoin-based system as a replacement for our current credit-based system. Here is the original video. The interesting bit starts around the 54:00 mark. https://youtu.be/fFJK9HwSJ94?t=3295

Full show notes: https://bitcoinandmarkets.com/e243 In this reaction video, I listen to a Chris Martenson from Peak Prosperity in a recent video titled I Give Up. I have the utmost respect for Chris due to his sound money views and priceless expert opinion during the early days of the Corona Virus, but his economic claims about energy and the economy required a response. I cover a lot of ground in this episode, including basic economics of complex systems, the central planning fallacy, US oil production, the peak oil fallacy, and contrast a pessimistic macro outlook and an optimistic outlook. Where, How, and By How Much? A problem with most people's macro analysis is the lack of specificity. They use oversimplified terms and claims that would fall apart upon deeper examination. They would find out the affects of a coming recession on different areas of the world will be different, and they'd have to determine that the US is not in that bad of shape relative to other major economies and blocks. However, they have already determined the US is on the road to massive social upheaval and the end of some perceived unusual period of unfairness. Examining relative economic conditions, and the reasons behind those deep historical differences in economic advancement by geographic region, will not support their predetermined outcome. We must ask anyone preaching a coming global manmade catastrophe, some simple questions. 1) Where exactly will the economic stress by most acute? 2) How will that country or region deal with these acute economic conditions? 3) How bad will it get for them relative to other places? Independent Variables To reach a catastrophic conclusion, one must start by introducing an independent variable into the economic mix. Of course, this is impossible, there are no independent variables in nature or economics. When we compare nature with the market, let us compare individuals to species and the market to the larger ecological system. There are certainly cases where individual species may become endangered or even extinct. And in a market, individuals will rise or fall, even die. However, the entire system is not so fragile to begin a downward feedback loop to zero. So, economic variables will change, but that will have been induced by previous changes, and in turn cause future changes. There are no independent variables in the market. This is important when evaluating Chris' arguments about energy. He claims the energy supply will independently be reduced. He uses charts showing a very close relationship to energy usage and GDP. But instead of inferring that GDP causes energy usage, he concludes that energy usage causes GDP. I hope you see the backward inference. One way supposes energy usage is an independent variable, while the other way views it as a dependent variable. US Shale Oil One of the premises that Chris uses for his argument is a belief in peak oil. The theory is carefully crafted to exclude new sources of oil. It claims that we are running out of easily accessible oil, and production from that easily accessible oil will slowly taper for the next 50 years until we are out of it. As I said though, this theory excludes new sources of oil, like oil sands and very importantly oil shale. In the last 15 years, new technology has come around that has enabled US shale oil producers to economically extract shale oil. This is a very big deal because shale oil reserves dwarf conventional reserves by at least 3.5:1 as of current estimates. The US is home to 80% of extractible shale, estimated to be roughly 4-5 trillion barrels, compared to all of the world's conventional reserves of 1.6 trillion barrels. The problem is also, not nearly as bad as peak oil promoters will have you believe, because conventional oil reserves still tend to increase every year, despite extracting approximately 75 million barrels a day. The above chart stops in 2015, so I'll add the last data point from another source. In 2020, global conventional oil reserves were 1.732 trillion barrels, that is more than 100 billion barrels more than 2015 on this chart. Here is shale's contribution to production. US production had a bad time in covid but is already coming back, despite the administration's attempt to humble US production. Conclusion Chris' community and aims of his content are noble. He mainly tries to steer people toward sustainable living and long term planning for your family. I admire that in him, and admire what he has accomplished with his homestead and his community. However, his ideas on peak oil, which he has professed for over a decade now, are simply wrong. Oil production is a dependent variable, just like all other economic variables. Economic activity does not grow into the available energy, because that energy would not be extracted if it wasn't the result of economic planning and activity. Oil production is the result of economic activity, not the other way around. That is why when Chris looks at relatio

Full show notes: https://bitcoinandmarkets.com/e242 Member video version: https://bitcoinandmarkets.com/e242-video/ In this reaction video I listen to a segment of a Lance Roberts morning show available on YouTube. It's a radio show out of Texas that discusses investing and personal finance. I'm a fan of the show, and think they usually do a good job evaluating the stock market and basic market sentiment. However, in this particular segment, Lance attacks Bitcoin from a very naïve angle and I had to set the record straight. Cryptocurrency or Bitcoin? First, I take on his use of the term "cryptocurrency" right out of the gate. I don't think he could define it other than to say, bitcoin and things like bitcoin. But, Bitcoin is not crypto, and crypto is not Bitcoin. Almost all criticism leveled at Bitcoin is intended for crypto scams, not Bitcoin. Lance is guilty of that here. Next, I discuss one of my pet peeves that Lance propagates here. He calls the dollar and bitcoin "fiat" currency. Fiat is very specific thing, it is a currency that is not backed by anything making its supply completely dependent on a ruler/government. The dollar is not a fiat currency. For one, the dollar is backed by credit and low, stable counterparty risk. Secondly, its supply is not dictated by the government (or the Fed). Reserves printed by the Federal Reserve are not a medium of exchange like a dollar bill. Fiscal spending is not printing money either, it is simply borrowing, or pulling demand forward to stimulate the economy today at the expensive of the economy tomorrow. Therefore, the dollar is not pure fiat, and neither is bitcoin. Bitcoin is the thing that is the money. These perverted definitions of fiat can be used to twist gold into being a fiat currency. They'll argue that only gold backs gold, and hence its value is "unbacked". Total lunacy. Bitcoin backs bitcoin, like gold backs gold. Nothing can back the value of money, even the government. They don't back the purchasing power of the dollar. When someone says that, "the dollar is backed by the full faith and credit of the US government", I say, "Okay, what does that mean? What are they backing? Are they backing the purchasing power of the dollars?" The truth is they only back the nominal value of the dollar. $1 = $1. Lance makes an interesting comment that money in your money market fund doesn't just disappear, while bitcoin can just disappear from your coinbase account. Okay, well, coinbase is more like a bank, and dollars disappear and get seized everyday from bank accounts. Dollar bills aren't even safe from civil asset forfeiture. Explaining Stablecoins Next, Lance's associate Michael Lebowitz, whom I have interviewed for Fed Watch and is a sharp guy, explains stablecoins in a pretty good summary. However, he ends by saying that the algorithmic stablecoins have crashed for the first time, making the market volatile. That is not the case, of course. All algorithmic stablecoins have had major issues with their pegs, and most have ceased to function. This particular episode recently with Terra, was such a big deal because it owned a lot of bitcoin and was heavily entwined in the multi-layered scam space. Conclusion Lance Roberts concludes that "cryptocurrency" has not delivered on its promises due to a mistaken analysis by crypto bros. He says "crypto" has promised to be like gold, and be money, when it's not. This is common misdirection, because only bitcoin claims to be digital gold, yet because altcoins fail, bitcoin has not lived up to its promises. Very cringe. Links Original Video (segment starts at 43:15) https://youtu.be/efklhOarIxg

The second of two episodes this week is on Clown World topics like Ripple's Garlinghouse complaining that Bitcoin Maximalism is working in DC, and the implosion of the NFT delusion. You can see the original content in the newsletter, issue #188 of the Bitcoin Fundamentals Report. Clown World Brad Garlinghouse of Ripple infamy, claimed that tribalism in crypto is muddying the messaging in DC. Well, good. He's making the argument that Bitcoin's expert technical and monetary arguments, and our insistence on showing empirical evidence of the past 10 years in the industry of scam after scam properly diagnosed by these arguments, is turning regulators against altcoins. Ukraine bans bitcoin 2 months after making it completely legal. Yet another example of Ukraine's government exposing its true nature. NFTs are Silly I use the recent event of the failed auction of Jack Dorsey's first tweet, the first tweet ever made, to demonstrate the delusion of NFTs. The owner of this NFT bought the token for $2.9 million last year and thought he'd be able to get $48 million now. LMAO you can't make this stuff up. NFTs are nothing more than a digital signature in pseudo-control of a token. A token that is not the object in question, in this case, Jack's tweet. That tweet lives on Twitter's database (and the database of many archive sites), it does not belong to the digital signature or the token. They are two completely separate things. What the token owner has is pseudo-control over a made up concept, a delusion if you will, that the token represents that outside object. I say "pseudo-control" because it can be revoked by the system admins, and has on many occasions in the history of NFTs. A

Discussed in this episode of #Bitcoin and Markets is the concept that the inflation-based investment thesis for bitcoin is dangerous and offering an alternative group of points that form a better more sustainable thesis. You can see the original version in issue #188 of the Bitcoin Fundamentals Report, or the edited and more complete version at BTCM.co. Dangers of the Inflation Narrative There are a couple reasons that the inflation-based narrative is dangerous for bitcoin: 1) It doesn't respect recessions. We currently are experiencing high CPI but are heading headlong into lower CPI, recession and a credit crisis that threatens to be as big or bigger than 2009's GFC. A deflationary crisis, like any recession with credit-based money, destroys the inflation reason to hold bitcoin. 2) The CPI argument is empirically wrong. Bitcoin has not gone up as consumer prices are going up. In fact, it is quite the opposite. All you have to look at is the last two years. In April 2021, CPI broke 3% for the first time in 10 years, and that is exactly when bitcoin peaked at $65k. When CPI slowed to flat in July - September 2021 bitcoin's price began to rally again. Finally, most recently, as CPI has once again accelerated on its way up to 8.5% in March 2022, the bitcoin price fell or has been flat. 3) The end result of this wrong and simplistic investment thesis is that the new marginal investor on Wall St or in the upper-middle class or higher, has bought in with that inflation narrative in mind. Now, as the market tips into lower inflation and recession, they will likely sell. This won't harm bitcoin, but it can hurt investors and isn't a vote of confidence for the bitcoin space. Better Points to Stress My alternative is to stress 3 specific characteristics of bitcoin that will benefit in the real situation in which we find ourselves in. 1) Bitcoin has thrived in flat to falling CPI as a counterparty free safe haven. Bitcoin is better gold, and not a dollar denominated asset with 100% pure counterparty risk. 2) Bitcoin's ecosystem is relatively insulated from a credit crisis because it is based around a different currency. The ecosystem is booming and will likely continue to boom because it doesn't have pure dollar risk like all other industries. 3) Bitcoin is a technology with network effects in its early stages of adoption. This gives it extreme asymmetric risk/reward profile. It might be an accident of history that bitcoin is the technology at this point in its adoption at this perfectly suited moment. Stand by for Part 2 coming out later today!! Links Issue #188: https://bitcoinandmarkets.com/r188/ Edited and complete version: https://btcm.co/the-danger-of-an-inflationary-thesis-for-bitcoin/ A

In this episode, I expand on my commentary in Bitcoin Fundamentals Report #185. The first segment is on the game theory that keeps bitcoin secure from hostile hard forks like the proposed by the Green Peace and the scammer Chris Larson of Ripple. The main point is that coordination to kill the PoW version of bitcoin is impossible because of Bitcoin's decentralization, so there is no future that doesn't involve incentives to defect from that coordination. Hark forks only create altcoins which people can dump to buy more bitcoin. The second segment of the podcast is on the reasons for Europe to be going after bitcoin repeatedly as we've seen recently. The Euro is in very bad shape and the whole globalist dream of a European super state is falling apart, and with it their currency. These are desperate attempts to protect the Euro from competition, but all it will do is shrink the Euro network, and make its demise more certain. More notes: https://bitcoinandmarkets.com/e239 Bitcoin Magazine Article: https://bitcoinmagazine.com/markets/greenpeace-seeks-to-change-bitcoin-code EU law https://www.coindesk.com/policy/2022/03/31/eu-parliament-votes-on-privacy-busting-crypto-rules-industry-rails-against-proposals/

This is the second episode of the week, covering my personal model by which I evaluate the market and important geopolitical news. The main outline can be found on the Bitcoin Fundamentals Report #183. Complete show notes at https://bitcoinandmarkets.com/e238b/

This is the first part of two episodes that will cover my recent Bitcoin Fundamentals Report #183, specifically the Market Commentary section. Part A is much shorter than part B. Bitcoin has generally performed well when compared to gold and stocks since Russian military operations started in Ukraine on 24 Feb. I give a run down of that performance here. Every bitcoin bull should be happy with how stable bitcoin has been despite the massive geopolitical upheavals.