In this episode, Nik is joined by Kane McGukin, a traditional wealth manager and longtime Bitcoin writer. They break down the global financial war unfolding through treasuries, stablecoins, and Bitcoin. From the collapse of Eurodollar dominance to the rise of SOFR and secured collateral systems, the U.S. is reshaping liquidity—and weaponizing financial plumbing to defend its position. Kane explains how Bitcoin fits into this new system as a reserve asset, how stablecoins function as Eurodollar 2.0, and why treasuries and gold are being repositioned for strategic leverage. The rules of global money are changing—and this conversation maps the battlefield.
Follow Kane: https://x.com/kanemcgukin?lang=en
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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball
Researcher Demian Schatt's Twitter: https://x.com/demianschatt
Chapters:
00:00:00 Understanding Financial Warfare and the Eurodollar System
00:05:56 The Rise of Eurodollars and Libor System
00:11:21 Financial Warfare and Economic Jockeying
00:17:03 Understanding Treasury Leadership in Abnormal Markets
00:23:19 Economic Impact of Consumer Spending and Market Fluctuations
00:28:42 Bitcoin's Role in the Modern Financial System
00:35:18 Inflationary Assets in Financial Markets
00:40:38 Global Gold Buying Trends: Trump, Putin, and China's Moves
00:46:26 Rebuilding Financial Systems with Gold and Bitcoin
The Bitcoin Layer and its guests do not provide investment advice.
