What Bitcoin Did TRUMP, INSTITUTIONS & BITCOIN DOMINANCE w/ Alex Thorn
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Feb 12, 2025 
Alex Thorn, Head of Research at Galaxy Digital, dives into the growing institutional adoption of Bitcoin and its implications for U.S. policy. He discusses the potential for a strategic Bitcoin reserve linked to sovereign wealth funds. The conversation highlights the complex relationship between politics and Bitcoin, especially during the Trump administration, and the challenges of navigating regulations from the SEC and CFTC. Thorn also examines the current crypto cycle, Bitcoin's dominance, and the intriguing intersection of Bitcoin mining and AI technology.
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Bitcoin and Government
- Bitcoin aims to separate money and state.
- Government involvement presents risks despite potential benefits like adoption.
Importance of Self-Custody
- Self-custody is crucial for Bitcoin's decentralization.
- It protects against government coercion and promotes individual sovereignty.
Debanking Incident
- What Bitcoin Did's UK bank account was closed for receiving fiat payment from a Bitcoin company.
- This highlights the past hostility towards Bitcoin businesses.