The Wolf Of All Streets Bitcoin On The Edge! Fed Signal Sparks Big Questions
Aug 21, 2025
Markets are buzzing as Bitcoin's volatility intensifies ahead of Jerome Powell's pivotal speech. Discussions revolve around Wall Street's push for stablecoin regulation and the political ambitions of the Winklevoss twins with their crypto super PAC. Adding to the chaos, a Kanye West-themed meme coin skyrocketed to a $3B market cap before a dramatic crash. The conversation also delves into innovative uses of Bitcoin in balance sheets, the lessons banks can learn from tech giants, and the rise of fully reserved stablecoins reshaping finance.
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Rate Cuts Aren't The Sole Market Driver
- Markets expect Fed rate cuts to fuel asset rallies, but that narrative is weakening.
- Iago argues fiscal flows from massive government interest payments now dominate monetary policy effects.
Fiscal Interest Flows Muting Fed Impact
- Large government debt interest creates steady capital entering markets, muting Fed moves.
- This steady fiscal inflow helps explain Bitcoin's slow grind higher instead of hyperbolic rallies.
Move Gradually Before Rate-Driven Flows
- Expect money in money-market funds to redeploy into hard assets when rates fall.
- Position gradually into assets like Bitcoin, real estate, or gold ahead of a cut-driven liquidity rotation.