In this episode, John Fakhoury joins the show to discuss Bitcoin’s “missing bull market,” how Bitcoin is becoming a global macro asset, why institutions can no longer ignore it, and why hype-driven treasury companies and altcoins are facing a harsh reality check. We also explore what could drive the next phase of adoption, what 2026 may bring, and why Bitcoin might reach its next milestone in a far quieter (and more powerful) way than anyone expects. Enjoy!
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Timestamps:
(00:00) Introduction
(01:57) Is the Bitcoin Cycle Broken?
(09:05) The Rise & Risk of Corporate Bitcoin
(13:31) Hard Truths About This Market
(19:42) Bitcoin’s Path to the Index Era
(22:21) The Mood Shift Under the Surface
(24:43) What the Fed Means for Crypto
(27:00) The Great Altcoin Reckoning
(30:36) Stablecoins Become Infrastructure
(33:20) Bitcoin’s Real Stress Test Ahead
(36:29) Culture, Capital & the Next Cycle
(41:06) Final Thoughts
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Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
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