Value for Value ⚡️
That Smile You're Wearing
Episode Summary
Bitcoin's sweet 16 has never looked better. This week, I'll unpack the hard data behind the new wave of adoption that's transforming magic internet money into mainstream reality.Affiliate LINKS:Buy Sats on RiverThe Bitcoin CompanyFold CardLINKS:BTC ETFs Record Massive $870 Million InflowsBTC price risks new 'FOMO' top as Bitcoin ETF inflows near $1B dailySpot Bitcoin ETFs on track to overtak Satoshi Nakamoto's BTC holdings by year-end IBIT took in more $$$ *today* than all but 7 of the 590+ ETFs launched in 2024 have taken in *all year* The market is getting even more concentratedMicrosoft to vote for or against "Assessment of Investing in Bitcoin" during shareholder meeting in DecemberCNBC reports on the soaring national deficit’s role in the election, noting that “neither politicians nor the public seem to care.” The US Treasury expects to drain $186 billion this quarter from its general account plus borrow $546 billion, and then borrow $823 billion in the first quarter of 2025. That’s $1.6 trillion of overdraft spending in the next 6 months.The Case for Bitcoin as a Reserve AssetThis is a very bullish setup for bitcoin into the election, says VanEck's Matthew Sigel - YouTubeNew FinCEN Alert Shows Cash, Smuggling Preferred Method For Hezbollah FinancingStephen Mollah Q&A - YouTubeMacroeconomist claims to be Satoshi, creator of ChatGPT, and Twitter logo designerUS Treasury says stablecoin growth is increasing demand for T-bills MusicThat Smile You're Wearing