Why Bitcoin Wins in Chaos: Bitwise’s Jeff Park Explains | Jeff Park | E005 Y25

May 22, 2025

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I talk to Jeff Park from Bitwise to discuss how the U.S. Government buying bitcoin will change the world, why macro is bringing institutions to Bitcoin, and the implications of tariffs on the global market.You can follow Jeff on X:https://x.com/dgt10011

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TIMESTAMPS 00:00 - Introduction and welcoming Jeff Park from Bitwise01:07 - Discussion on early social media support from Max Kaiser01:50 - Jeff Park’s role at Bitwise and building the Alpha franchise03:06 - Introduction to Jeff’s highest conviction macro trade04:23 - Bitcoin as a mirror reflecting different investor perspectives06:11 - Post-2024 election macro commentary and Bitcoin’s role07:30 - Bitcoin’s potential in inflationary and deflationary scenarios08:45 - Market reactions to Trump’s tariff policies10:30 - Impact of unwinding global trade on foreign investors12:24 - Explanation of money velocity and global carry trade14:50 - Challenges in monitoring cross-border financial flows17:01 - Trump’s influence on the 10-year treasury rates20:16 - Foreign investors’ role in the long end of the yield curve23:36 - Stablecoins and solving the Triffin dilemma28:15 - Differences between Eurodollars and stablecoins32:40 - Tether’s role in capturing offshore dollar demand38:40 - Emergence of bond vigilantes and patriotism in markets01:12:41 - Trump’s tariff strategy and global trade relationships01:20:42 - Thoughts on the Strategic Bitcoin Reserve (SBR)01:38:30 - Bitcoin market outlook and the four-year cycle debate

---------------------------------------------------------------------CONNECT WITH ARCHIE› Instagram - @Btc.Archive› X/Twitter - @ArchieX__ // @BTC_ArchiveFILMED AND EDITED BY HELIAND › X: @heliand_22 › Instagram: @heliand_22Bitwise, Jeff Park, Bitcoin, macro trade, tariffs, stablecoins, global economy, investor profiles, capital flows, Triffin Dilemma, short selling, capital markets, patriotism, public-private partnerships, U.S. economy, China trade, generational wealth, financial repression, Bitcoin, strategic reserve, Bitcoin, strategic reserve, market cycles, AI, cryptocurrency, global economy, volatility, investment strategies, digital assets, financial systems