Episode notes
“We’re in an era where the monetary system is changing. The world is going to look very different on the other side of this thing.”
Checkmate is back on the show to explain why Bitcoin may already be back in a bull market and why the bigger story is not just the price, but the system beginning to crack.
We get into his case that the bottom is likely in, why the $60k flush looked like a real capitulation event, and the levels that matter now. Checkmate breaks down the on-chain data behind his 80% bull-market thesis, why bears may be running out of road, and what happens when sentiment flips from selling rips to buying dips.
We also get into rising bond yields, broken fiscal systems, the end of trust in government debt, Bitcoin vs gold, ETF flows, Strategy/MSTR risk, Coinbase custody risk, and why the world is moving towards assets that sit outside the system.
We then get into Australia’s proposed capital gains tax changes, why Checkmate sees them as a direct attack on savers, builders and young people, and why tax policy may become one of the next major battlegrounds for Bitcoiners.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Checkmate: https://x.com/_Checkmatey_
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
00:00:55 - Is Bitcoin Back in a Bull Market?
00:06:10 - The Data Behind the Bull Case
00:11:22 - Realised Price & True Market Mean
00:17:05 - Buying Dips vs Selling Rips
00:26:09 - The Road to $1 Million Bitcoin
00:29:23 - Coinbase, Quantum & MSTR Risk
00:39:27 - The Bond Market Is Breaking
00:47:16 - Bitcoin in a Debasement Regime
00:52:58 - Bitcoin, Sanctions & Sound Money
00:56:11 - Australia’s Capital Gains Tax Shock
01:01:40 - The Attack on Savers
01:09:33 - A Trial Balloon for the World
01:20:57 - Fighting Back
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
Checkmate is back on the show to explain why Bitcoin may already be back in a bull market and why the bigger story is not just the price, but the system beginning to crack.
We get into his case that the bottom is likely in, why the $60k flush looked like a real capitulation event, and the levels that matter now. Checkmate breaks down the on-chain data behind his 80% bull-market thesis, why bears may be running out of road, and what happens when sentiment flips from selling rips to buying dips.
We also get into rising bond yields, broken fiscal systems, the end of trust in government debt, Bitcoin vs gold, ETF flows, Strategy/MSTR risk, Coinbase custody risk, and why the world is moving towards assets that sit outside the system.
We then get into Australia’s proposed capital gains tax changes, why Checkmate sees them as a direct attack on savers, builders and young people, and why tax policy may become one of the next major battlegrounds for Bitcoiners.
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
Checkmate: https://x.com/_Checkmatey_
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
00:00:55 - Is Bitcoin Back in a Bull Market?
00:06:10 - The Data Behind the Bull Case
00:11:22 - Realised Price & True Market Mean
00:17:05 - Buying Dips vs Selling Rips
00:26:09 - The Road to $1 Million Bitcoin
00:29:23 - Coinbase, Quantum & MSTR Risk
00:39:27 - The Bond Market Is Breaking
00:47:16 - Bitcoin in a Debasement Regime
00:52:58 - Bitcoin, Sanctions & Sound Money
00:56:11 - Australia’s Capital Gains Tax Shock
01:01:40 - The Attack on Savers
01:09:33 - A Trial Balloon for the World
01:20:57 - Fighting Back
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
