Simply Bitcoin December 1st: The Day Wall Street Declared War on Bitcoin | Bitcoin Simply
Dec 2, 2025
December 1st marked a pivotal moment in Bitcoin history as the Fed ended quantitative tightening while Vanguard pivoted to embrace Bitcoin for 50 million customers. The discussion dives into Vanguard's stake in MicroStrategy, raising concerns about potential conflicts of interest. There's chatter on how Wall Street might manipulate Bitcoin exposure while major asset managers manage voting rights for trillions. The focus shifts towards strategies for becoming a sovereign Bitcoin holder, emphasizing the importance of self-custody and liquidity in the changing market.
AI Snips
Chapters
Transcript
Episode notes
Fed Ending QT Signals Easing
- December 1st marked the Fed ending QT and signaled a shift toward easier liquidity.
- Dante Cook links this to renewed money printing and large overnight injections into banks.
Plumber Analogy for Emergency Liquidity
- Dante Cook uses a colorful bank plumber analogy to describe emergency Fed liquidity.
- He points to a $13.5 billion overnight injection as evidence the system was 'clogged'.
Vanguard's Sudden Bitcoin Pivot
- Vanguard abruptly shifted from rejecting Bitcoin to offering it to 50 million customers.
- Dante Cook highlights this as strategically significant because Vanguard is MicroStrategy's largest shareholder.