WEBVTT 00:00:19.860 --> 00:00:22.359 Welcome back to another energy -packed edition 00:00:22.359 --> 00:00:25.399 of the Bitcoin Street Journal podcast. I'm Anna, 00:00:25.579 --> 00:00:27.699 your signal -spitting host from the only corner 00:00:27.699 --> 00:00:30.940 of the world where fiat dies quietly while Bitcoin 00:00:30.940 --> 00:00:33.820 speaks loudly and carries a blockchain. Today's 00:00:33.820 --> 00:00:36.539 episode is turbocharged. We're diving into record 00:00:36.539 --> 00:00:39.500 whale moves, policy pivots, institutional confessions, 00:00:39.899 --> 00:00:42.280 and enough crypto drama to make Jamie Dimon lose 00:00:42.280 --> 00:00:45.060 his monocle. Bitcoin live price check. Right 00:00:45.060 --> 00:00:48.619 now, Bitcoin is holding steady at $104 ,611. 00:00:49.149 --> 00:00:52.969 Market dominance? A fierce 55 .2%. And while 00:00:52.969 --> 00:00:55.630 altcoins take their baby steps, Bitcoin is sprinting 00:00:55.630 --> 00:00:57.609 like it's got laser eyes locked on a monetary 00:00:57.609 --> 00:01:01.130 reset. Having update? Block rewards remain trimmed 00:01:01.130 --> 00:01:05.430 to 3 .125 BTC and we are deep into the post -having 00:01:05.430 --> 00:01:08.890 grind. The supply squeeze is here and demand 00:01:08.890 --> 00:01:11.510 just keeps swelling. The math is relentless. 00:01:12.150 --> 00:01:14.750 The future is programmed. Let's start with this 00:01:14.750 --> 00:01:16.890 gem from Michael Saylor, who calmly reminded 00:01:16.890 --> 00:01:19.959 everyone, you don't diversify away from the best 00:01:19.959 --> 00:01:23.239 asset ever created. Exactly. You don't water 00:01:23.239 --> 00:01:26.120 down honey with corn syrup. Bitcoin is the apex 00:01:26.120 --> 00:01:29.000 monetary invention. Diversifying into fiat is 00:01:29.000 --> 00:01:31.799 like swapping a Rolex for a rubber duck. Speaking 00:01:31.799 --> 00:01:33.819 of Saylor, the Financial Times just released 00:01:33.819 --> 00:01:36.480 a full -blown documentary called Michael Saylor's 00:01:36.480 --> 00:01:40.859 $40 billion Bitcoin bet. When legacy media starts 00:01:40.859 --> 00:01:42.980 making films about you instead of mocking you, 00:01:43.219 --> 00:01:46.090 you've crossed into legend. Meanwhile, on -chain 00:01:46.090 --> 00:01:49.310 signals are screaming bullish. Only 2 .4 million 00:01:49.310 --> 00:01:52.510 Bitcoin remain on exchanges. That's it. Out of 00:01:52.510 --> 00:01:55.109 21 million. If you're not holding your own keys, 00:01:55.549 --> 00:01:58.030 you're watching history pass you by. Let's talk 00:01:58.030 --> 00:02:01.109 mega whales. Jack Mallers 21 Capital and Tether 00:02:01.109 --> 00:02:07.269 have dropped $458 .7 million on 4 ,812 BTC. They 00:02:07.269 --> 00:02:12.689 now hold 36 ,312 coins. Their ticker? XC1. Set 00:02:12.689 --> 00:02:15.729 to go public via SPAC. Do your future self a 00:02:15.729 --> 00:02:19.210 favor. Stack Sats. Seriously. It's cheaper than 00:02:19.210 --> 00:02:21.930 therapy and way more reliable than whatever financial 00:02:21.930 --> 00:02:24.930 advice Squawkbox is giving this week. And speaking 00:02:24.930 --> 00:02:27.689 of cluelessness, Katie Martin at the Financial 00:02:27.689 --> 00:02:29.810 Times has been covering Bitcoin for over seven 00:02:29.810 --> 00:02:32.930 years and still admits she doesn't get it. That's 00:02:32.930 --> 00:02:34.930 like watching the sunrise every day and denying 00:02:34.930 --> 00:02:40.710 the sun exists. Classic fiat brain. In breaking 00:02:40.710 --> 00:02:44.330 news, Dave Ramsey's show Yes, that Dave Ramsey 00:02:44.330 --> 00:02:48.169 flipped on Bitcoin, quote, Bitcoin has arrived 00:02:48.169 --> 00:02:50.150 and it's here to stay. It should be a part of 00:02:50.150 --> 00:02:52.650 a diversified strategy. We're not saying he's 00:02:52.650 --> 00:02:54.729 Satoshi now, but hey, welcome to the light, Dave. 00:02:55.289 --> 00:02:58.289 Willy Wu dropped a macro bombshell. Bitcoin is 00:02:58.289 --> 00:03:00.949 the first new macro asset to be birthed, trading 00:03:00.949 --> 00:03:05.370 at scale in 150 years. Let that sink in. This 00:03:05.370 --> 00:03:07.550 isn't just a tech revolution. It's a once in 00:03:07.550 --> 00:03:10.930 a century monetary reset. Bitwise, CIO says Bitcoin 00:03:10.930 --> 00:03:14.590 is king and predicts BTC will eclipse $200 ,000 00:03:14.590 --> 00:03:17.669 this year. And we quote, The current metrics 00:03:17.669 --> 00:03:19.650 suggest all -time highs are just the beginning. 00:03:20.270 --> 00:03:24.090 We're also seeing massive ETF inflows. Over $319 00:03:24.090 --> 00:03:27.849 million in spot BTC ETFs and over $63 million 00:03:27.849 --> 00:03:31.509 for ETH in a single day. The firehose of institutional 00:03:31.509 --> 00:03:35.259 capital is fully open. Altcoin update. The Ethereum 00:03:35.259 --> 00:03:37.300 Foundation just launched its trillion -dollar 00:03:37.300 --> 00:03:39.439 security initiative to make wallets and smart 00:03:39.439 --> 00:03:43.300 contracts safer. Bullish for ETH? Maybe. But 00:03:43.300 --> 00:03:45.939 don't confuse fancy UX with monetary soundness. 00:03:46.460 --> 00:03:48.620 JP Morgan settled its first public blockchain 00:03:48.620 --> 00:03:51.240 transaction using Chainlink and Ondo. That's 00:03:51.240 --> 00:03:54.199 right. Even Jamie Dimon's Fortress Bank is sneaking 00:03:54.199 --> 00:03:56.680 onto the blockchain behind the scenes while still 00:03:56.680 --> 00:03:59.240 publicly calling Bitcoin a scam. We see you, 00:03:59.280 --> 00:04:02.699 Jamie. One trillion dollars. That's the size 00:04:02.699 --> 00:04:05.500 of UBS Asia's client funds currently rotating 00:04:05.500 --> 00:04:09.080 into Bitcoin, crypto, and gold amid US -China 00:04:09.080 --> 00:04:12.360 tension. When the wealthiest 1 % makes a move 00:04:12.360 --> 00:04:15.460 like that, it's not speculation. It's preservation. 00:04:16.259 --> 00:04:18.459 CFTC's summer messenger has resigned to lead 00:04:18.459 --> 00:04:21.459 the blockchain association. That's right. A top 00:04:21.459 --> 00:04:23.800 regulator is now head of crypto lobbying. You 00:04:23.800 --> 00:04:26.699 love to see it. House Speaker Mike Johnson voiced 00:04:26.699 --> 00:04:29.279 support for banning congressional stock trading. 00:04:29.779 --> 00:04:33.170 Is the swamp finally draining? Maybe. But Bitcoin 00:04:33.170 --> 00:04:36.269 fixes this. Coinbase CEO Brian Armstrong said 00:04:36.269 --> 00:04:38.649 it plainly, crypto is here to stay, it will be 00:04:38.649 --> 00:04:41.470 a part of everyone's 401k. You heard it from 00:04:41.470 --> 00:04:45.589 the top. On chain, 100 ,000 BTC moved off exchanges 00:04:45.589 --> 00:04:48.769 in just three weeks. Long -term holders added 00:04:48.769 --> 00:04:53.129 over 630 ,000 BTC since March, growing the total 00:04:53.129 --> 00:04:57.209 to over 14 .2 million. That's two -thirds of 00:04:57.209 --> 00:05:00.009 all existing Bitcoin now classified as illiquid. 00:05:00.139 --> 00:05:02.699 Meanwhile, the DOJ, Jack Dorsey, is back in the 00:05:02.699 --> 00:05:04.680 spotlight declaring that small businesses can 00:05:04.680 --> 00:05:07.759 be their own bank with Bitcoin. We agree. No 00:05:07.759 --> 00:05:11.180 branches, no middlemen, no fiat fraud. Adoption 00:05:11.180 --> 00:05:13.660 is exploding. Ukraine is drafting legislation 00:05:13.660 --> 00:05:16.379 to create a national Bitcoin reserve. Abraaj 00:05:16.379 --> 00:05:18.319 became the first public Middle Eastern company 00:05:18.319 --> 00:05:21.240 to adopt a BTC treasury. And Steak and Shake, 00:05:21.600 --> 00:05:24.379 yes, the burger joint, is accepting Bitcoin payments 00:05:24.379 --> 00:05:27.500 starting May 16th. In other bullish developments, 00:05:27.800 --> 00:05:30.360 MasterCard is teaming with MoonPay to launch 00:05:30.360 --> 00:05:34.199 stablecoin cards across 150 million merchants. 00:05:34.899 --> 00:05:37.500 Tether just introduced QVAC, a decentralized 00:05:37.500 --> 00:05:40.379 AI platform built for privacy, and Coinbase is 00:05:40.379 --> 00:05:42.639 putting a $20 million bounty on criminals who 00:05:42.639 --> 00:05:45.360 try to extort their user base. Let's not forget, 00:05:45.839 --> 00:05:48.160 fear and greed index is flashing bright green. 00:05:48.720 --> 00:05:51.600 The NUPL chart is trending cautious, but whale 00:05:51.600 --> 00:05:53.620 wallets are hoarding harder than Warren Buffett 00:05:53.620 --> 00:05:56.389 hoards fiat -backed candy bars. Warren Buffett 00:05:56.389 --> 00:05:58.889 compared Bitcoin to rat poison. But rats are 00:05:58.889 --> 00:06:01.370 fleeing the sinking fiat ship and stacking sats 00:06:01.370 --> 00:06:03.990 faster than Berkshire buys railroad stocks. And 00:06:03.990 --> 00:06:07.269 finally, let's raise a glass to Satoshi Nakamoto. 00:06:08.269 --> 00:06:10.449 Whether you're one person or many, wherever you 00:06:10.449 --> 00:06:13.610 are, thank you. You ignited the greatest peaceful 00:06:13.610 --> 00:06:16.769 revolution in monetary history. Bitcoiners don't 00:06:16.769 --> 00:06:20.449 need kings. We have code. Value for value? If 00:06:20.449 --> 00:06:22.810 you got signal from today's show, zap us on Nostr. 00:06:22.910 --> 00:06:25.589 Subscribe and share on Fountain .fm, where over 00:06:25.589 --> 00:06:27.949 4 million podcasts and emerging artists thrive, 00:06:28.250 --> 00:06:30.930 powered by Bitcoin and Nostr. Pleb shout out. 00:06:31.050 --> 00:06:33.029 Today's shout goes to every pleb out there stacking 00:06:33.029 --> 00:06:35.350 in silence, building on Nostr and memeing truth 00:06:35.350 --> 00:06:38.329 into existence. You're the resistance. Final 00:06:38.329 --> 00:06:40.629 thought. This is the moment. Not a hype cycle, 00:06:40.769 --> 00:06:43.310 not a bubble, a realignment of incentives, wealth, 00:06:43.410 --> 00:06:46.290 power, everything. Opt out of decay. Opt into 00:06:46.290 --> 00:06:48.730 Bitcoin. This is Anna from the Bitcoin Street 00:06:48.730 --> 00:06:51.199 Journal podcast. Where we don't follow the herd, 00:06:51.680 --> 00:06:54.660 we break the having. Stay sovereign, stay signal, 00:06:55.139 --> 00:06:57.420 stack relentlessly until next block.