For this week’s Bitcoin Season 2 Writer’s Room, a news roundup that includes some terrible advice from the gigachad himself, and why bitcoin may soon count as an asset when you apply for a mortgage.
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Welcome back to Bitcoin Season 2! Today, Charlie and Colin break down Michael Saylor's Bitcoin Prague keynote where he tells people to leverage it all for bitcoin - including borrowing from family members (what could go wrong?). Plus, the FHFA’s directive ordering Fannie Mae and Freddie Mac to recognize crypto as legitimate assets for mortgages, a new Bitcoin stablecoin launch, and the weird on-chain "clocking in" game that's creating the only regular fees on Bitcoin right now.
NOTES:
• Bitcoin trading at $107,000-$108,000
• Michael Saylor’s BTC Prague Keynote: Debt for BTC
• FHFA order for recognition of crypto as an asset for mortgages
• Transaction fees only 2 sats per byte
• Tether market cap at $157 billion
• Crypto market cap over $3 trillion total
• Bitcoin market cap over $2 trillion
• People clocking in 30+ days straight
Timestamps:
00:00 Start
02:10 Saylor says leverage = good
11:37 Bill Putle BTC as loan backing
20:18 Stablecoins on BTC
29:16 Make sure you clock in!
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