What Bitcoin Did

“We experienced, as a percentage of deposits, the biggest bank run in history.”

Alan Lane joins to discuss the fall of Silvergate, the bank run that followed FTX’s collapse, and how his team kept meeting withdrawals as 70% of deposits left. He explains why he believed the bank could rebuild and what changed between surviving the run and deciding to close.

We a...

“You actually have the president and the Treasury working for Bitcoin because they’re working for a weaker dollar.”

Matt Cole joins to discuss why he believes America’s debt crisis leaves the government with few good options, how rising bond yields could force the Treasury and Fed to intervene, and why a weaker dollar could fuel Bitcoin’s next bull market.

We ...

“I think everyone is underestimating the speed of AI.”

Jordi Visser joins the show to discuss why he believes AI could trigger a major shift in global wealth, weaken the investment appeal of stocks and real estate, and create a new bull case for Bitcoin. He explains why wealthy investors haven’t needed Bitcoin yet, and how AI’s deflationary effects could change that. ...

“The things they need to do to bring inflation down are just too painful for them.”

Andy Constan returns to discuss why he thinks politicians will keep running large deficits, how inflation can shift the cost of America’s debt onto savers and future generations, and why that creates a bull case for Bitcoin.

We also get into how institutions decide whether to o...

“You don’t need inflation for anything whatsoever. It’s essentially a counterfeiting cartel.”

Peter St Onge returns to discuss why he believes 2% inflation is a scam, how central banks transfer wealth from savers to governments and Wall Street, and why technological progress should be making life cheaper.

We also get into Austrian economics, his argument that ...