AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Arthur Hayes Says, “Get your Bitcoin, and Get Out!”
Bankless
How Do We Get to a Million Dollar Bitcoin?
The amount of US treasuries and mortgage back mortgage back security is held on US banking system balance. And that's been guaranteed. So if you want to go and turn your notes to the Fed, you can get $4.4 trillion. What you do with that cash determines how financial markets, you know, deal with it. No one's buying these bonds. These market debt, right? BlackRock has a real, I forgot the name of the real estate fund. They gated with thralls. This is our, it's fucked. Nobody's getting out, right? The stress is not going to be on any bank that majority of their loan book is non-tre
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode