Episode notes
“Trust the process. The money will be printed.”
Arthur Hayes returns to the show to explain why he believes the Bitcoin bull market is back on, and why the next move higher will once again be driven by global liquidity.
In this episode, we discuss why war, AI, supply chain fragility, rising bond market stress, and political incentives all point in the same direction: more spending, more debt, and more money printing. Arthur explains why governments are not going to choose austerity, why the inflationary tax is the path of least resistance, and why Bitcoin remains the trade in a world where fiat liquidity keeps expanding.
We also get into the risks ahead: AI-driven job losses, social unrest, energy and commodity shocks, the fragility of the Treasury market, and the possibility of another policy panic.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Arthur Hayes: https://x.com/CryptoHayes
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://www.blockwaresolutions.com/wbd/
SWAN: https://www.swan.com/wbd
CAPE: https://www.cape.co/wbd
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:01:00 - The Iran War Started The Bull Market
00:06:13 - Why Money Printing Will Return
00:09:05 - The K-Shaped Economy Worsens
00:12:20 - It's Always About Liquidity
00:18:03 - Bessent, Warsh & Yield Curve Control
00:28:37 - AI's White Collar Wipeout
00:38:11 - The Hunger Games Of Debt Issuance
00:48:11 - Is Crypto Dead?
00:55:24 - Bitcoin Is the Trade
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
Arthur Hayes returns to the show to explain why he believes the Bitcoin bull market is back on, and why the next move higher will once again be driven by global liquidity.
In this episode, we discuss why war, AI, supply chain fragility, rising bond market stress, and political incentives all point in the same direction: more spending, more debt, and more money printing. Arthur explains why governments are not going to choose austerity, why the inflationary tax is the path of least resistance, and why Bitcoin remains the trade in a world where fiat liquidity keeps expanding.
We also get into the risks ahead: AI-driven job losses, social unrest, energy and commodity shocks, the fragility of the Treasury market, and the possibility of another policy panic.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Arthur Hayes: https://x.com/CryptoHayes
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://www.blockwaresolutions.com/wbd/
SWAN: https://www.swan.com/wbd
CAPE: https://www.cape.co/wbd
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:01:00 - The Iran War Started The Bull Market
00:06:13 - Why Money Printing Will Return
00:09:05 - The K-Shaped Economy Worsens
00:12:20 - It's Always About Liquidity
00:18:03 - Bessent, Warsh & Yield Curve Control
00:28:37 - AI's White Collar Wipeout
00:38:11 - The Hunger Games Of Debt Issuance
00:48:11 - Is Crypto Dead?
00:55:24 - Bitcoin Is the Trade
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
