All right, everyone. Welcome to the broadcast part 19 where um Bitcoin culture meets business and finance. We catch up on news, tweets, videos, charts, trends, and any other Bitcoin related content that stood out to us in the past two weeks. And I do that together with Michael and Brian. Welcome back, guys. >> Good to be back. How you doing? >> Good. I mean, before we uh started recording, you said '9s the '9s feel good, right? I feel like >> better than the 80s is how I phrase it, >> right? Yeah. Well, I I ...

Core Insights - For the first time since the mid-1990s, foreign central banks hold more gold than U.S. Treasuries, indicating a significant shift in global financial safety and trust perspectives [1] - Central banks are on track to purchase approximately 900 tonnes of gold in 2025, marking the fourth consecutive year of purchases exceeding twice the long-term average [2] - The longest streak of gold buying by central banks has reached 16 years, reversing a trend of net selling that lasted over two decades prior to 2010 [3] Central Bank Activity - In the first half of 2025, 23 countries expanded their gold reserves, reflecting a persistent trend where central banks cannot stop buying gold [4] - The rise in gold prices is linked to the decline of the Federal Reserve's reverse-repo balances, indicating a shift in liquidity management [4][5] - Gold is increasingly viewed as a reliable asset, transitioning from merely an inflation hedge to a form of pristine collateral [5] Trust and Financial Stability - The widening trust gap in U.S. Treasuries is highlighted by the government spending nearly 23 cents of every dollar on interest, alongside declining foreign confidence due to political gridlock and escalating debt [6]

Market Analysis - Gold is outperforming Bitcoin due to factors beyond tariffs [1] - China is strategically building gold-based financial infrastructure to challenge the US dollar's dominance [1] - Beijing injected 1 trillion yuan this year, intentionally devaluing it against gold [1] Bitcoin Challenges - Bitcoin experienced leverage liquidations due to tariff volatility [1] Proposed Solution - Advocate for funding the Strategic Bitcoin Reserve to enable BTC to compete as a leading form of hard currency [2]

When fiat is inflated it slowly goes to zero.When it is frozen it temporarily goes to zero.And when it is seized it instantly goes to zero.But hard money cannot be inflated, frozen, or seized. ...