Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation, we go on a global tour — from Argentina to China to London and back to the US — breaking down what’s happening in different economies, why the US dollar, gold, bitcoin, and global swap lines all matter right now. We also discuss market sentiment, bitcoin’s recent price action compared to gold, and whether investors should actually be worried.
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Timestamps:
- 0:00 – Intro
- 1:59 – Argentina’s economy and dollar swap lines
- 8:13 – Why the US is buying pesos before bitcoin
- 11:45 – Bitcoin as a strategic reserve asset
- 13:39 – China’s trade war and capital flows
- 18:43 – Lessons from the Bank of England and gold’s staying power
- 24:05 – How bitcoin could follow gold’s path
- 28:03 – Founding of America and monetary history
- 31:37 – Market sentiment and crypto disappointment
- 33:47 – Bitcoin adoption and trade-offs