
Bitcoin. Macro. Markets. Money. Weekdays 9:30am-11:30am ET | By @BitcoinMagazine π
Nashville, TN
Joined November 2021
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Watch BMTV LIVE from 9:30-11:30 AM ET
Guests:
9:35 AM - Jorge Jraissati (@JraissatiJorge)
11:00 AM - Mike Flaum (@GrainofSaltSF)
11:20 AM - Thomas Pacchia (@tpacchia)
Tune in!
nitter.cf/i/broadcasts/2WXVkOKyEβ¦
BMTV retweeted
If you don't think Bitcoin will CAGR at much higher than 10% a year, I don't know why you would own it. @jpmorgan sandbagged their projection. Plan accordingly. Bullish.
Earlier this month, Bank of America agreed to pay $1.2 billion in penalties for violating anti-money laundering laws.
Meanwhile, the Samourai devs are still sitting in prison for writing code.
@tpacchia: "It's an extreme double standard in the space." πΊπΈ
Log Scale Investments CEO Mike Flaum says JPMorgan's 10% Bitcoin CAGR call is a sandbag π
"If you don't think Bitcoin's going to compound at 20% a year, then I don't know why you would own Bitcoin."
His range is 35% to 40% a year.
Michael Saylor on what Strategy becomes after its biggest quarter ever:
"We are emerging as the central bank of the crypto economy." π
BMTV retweeted
JUST IN: Coinbase disclosed buying 643 Bitcoin worth $1.5 billion for its balance sheet in Q3 π
Jorge Jraissati: "The role of Bitcoin will grow even more in Venezuela." π»πͺ
"We have the mentality of finding ways to protect our savings, and Bitcoin is really a way to do that."
Jorge Jraissati: Bitcoin mining can rescue Venezuela's wasted power β‘οΈ
Why? Its hydro can produce three to four times what the economy uses, and bad transmission throws gigawatts of it away.
π @DoombergT says the Bitcoin vs. gold debate comes down to age:
"Younger people are far more likely to allow an agent to take over their computer than a retiree living on a pension. So it goes with Bitcoin and gold." π
πΊπΈ Senator Bill Hagerty on why the Strategic Bitcoin Reserve is "a smart financial play" and a signal to the industry:
"Bitcoin is finite... we wanna be early in this process and see that reserve go up."
"To demonstrate support for a new innovative industry, and that it happened here."
Dollar hegemony, the Strategic Bitcoin Reserve, and the crypto outlook after the midterms.
Senator Hagerty covers it all with Grace and Sean.
Full interview π
youtu.be/8Ddy2qldD3g
Galaxy's @intangiblecoins on why money keeps choosing AI stocks over Bitcoin:
1οΈβ£ AI "touches every part of the economy"
2οΈβ£ Bitcoin "is not the sexy investment" right now
"But that will come back. That also creates an opportunity." π
If quantum computers start breaking keys, does your wallet setup matter? π
Unchained's CEO Joe Kelly says yes:
"The layering that's there in multi-sig is going to ultimately be more robust and give people more time to migrate when they're faced with that kind of emergency."
πΊπΈ Could the US still add to its Strategic Bitcoin Reserve in 2027?
Mason Lynaugh says lawmakers need to "feel the heat from their holders back home; that Bitcoin reserve must happen." π₯
BMTV retweeted
Oil is up about 87% this year, but the bond market isn't pricing an inflation scare π
From Dec 31 to Oct 27, 10-year real yields climbed 0.71 points to 2.64%, while inflation pricing moved just 0.10 points. That means almost 90% of this year's rise in the 10-year is real yields, at levels not seen since 2008.
BMTV's Sean Hagan says that's what tight money looks like. The thing to watch is whether inflation pricing starts catching up to oil π
πΊπΈ Stand With Crypto's Mason Lynaugh on what crypto voters can prove on Election Day:
Swinging a key House race "projects political power that influences how everybody governs"
"Crypto voters are gearing up and ready to show their strength on Election Day." π³οΈ
Galaxy's @intangiblecoins on why "the bottom is in" for Bitcoin:
β‘οΈ Regaining the 50-week average after 20+ weeks below it has never preceded a drawdown
β‘οΈ BTC is now 5 to 6 weekly closes above the 50-week
No new bear market low has ever followed that setup.
πͺπΊ In 2022, the ECB's official X account said Bitcoin was headed down "a road to irrelevance."
BTC was around $17,200 that day.
"Isn't it great to say you out-traded the European Central Bank?" π
π @DoombergT says the US pressuring allies not to sell Treasuries is "wildly bullish" for gold and Bitcoin:
"You probably don't want to buy Treasuries because you can't sell them when you need them."
"In the long term, it's actually wildly bullish for assets like gold and Bitcoin." π






