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The Bitcoin Layer

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Aug 22, 2024 • 33min

Global Macro Update: Bitcoin, Government Lies On Labor Stats, Lower Rates

In this episode, Nik brings us a global macro update to recap a most dramatic downward revision in labor statistics. He begins with the two most noteworthy items in economics: the downward revision of jobs added by almost one million, the rampant manipulation of labor statistics by the government, and the latest FOMC minutes which stated that the Fed was close to cutting rates in July. Nik breaks down the signals from the yield curve and discusses bitcoin's consolidation. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 857847 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #LaborStatistics #YieldCurve #FOMC #FederalReserve #InterestRates #MarketAnalysis #BitcoinConsolidation #EconomicUpdate #FinancialNews #MonetaryPolicy #JobMarket #EconomicTrends #RateCuts #FinancialMarkets #InvestmentStrategy #EconomicAnalysis #MarketSignals #Macroeconomics #WealthManagement #BitcoinTrends #LaborMarket #EconomicInsights #FiscalPolicy #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Massive Manipulation of Labor Data 00:03:42 - Unemployment data and the Bitcoin layer 00:07:10 - FED Minutes and Rate Cut Speculation 00:10:48 - The FED's Response to Job Revision 00:14:24 - Signal from the Treasury Market 00:18:08 - Risk Assets vs. Investable Treasuries 00:21:43 - Steepening of the Spot Market Curve 00:25:06 - The Signal in the Curve 00:28:44 - Impact of Funding Rates on the Bitcoin MarketSubscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 16, 2024 • 37min

Sovereign Wealth Funds Could Take Bitcoin To $148,000

In this episode, Nik is joined once again by Daniel Batten to discuss overcoming ESG roadblocks to bitcoin investment at sovereign wealth funds. Daniel breaks down the math behind his projection that a 1% allocation from this pool of $35 trillion in capital could drive bitcoin's price higher by nearly $100,000 from here. He also explains how he is fighting the existing negative propaganda about bitcoin with new studies about the environmental benefits of bitcoin mining. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 856972 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Sustainability #Finance #InvestmentStrategies #GreenEnergy #EnvironmentalImpact #CleanTech #BitcoinPrice #WealthManagement #DigitalAssets #ESGInvesting #ClimateAction #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 16, 2024 • 37min

Sovereign Wealth Funds Could Take Bitcoin To $148,000

In this episode, Nik is joined once again by Daniel Batten to discuss overcoming ESG roadblocks to bitcoin investment at sovereign wealth funds. Daniel breaks down the math behind his projection that a 1% allocation from this pool of $35 trillion in capital could drive bitcoin's price higher by nearly $100,000 from here. He also explains how he is fighting the existing negative propaganda about bitcoin with new studies about the environmental benefits of bitcoin mining. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 856972 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Sustainability #Finance #InvestmentStrategies #GreenEnergy #EnvironmentalImpact #CleanTech #BitcoinPrice #WealthManagement #DigitalAssets #ESGInvesting #ClimateAction #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Exploring Sovereign Wealth Funds' Bitcoin Investment Challenges 00:04:21 - Bitcoin as an ESG Asset 00:08:49 - Overcoming Misinformation in the Industry 00:12:42 - Overcoming Misinformation about Bitcoin 00:16:50 - Fear and Uncertainty in the Marketplace 00:20:40 - Exclusion of Domain Knowledge Experts from Bitcoin Mining Conversation 00:24:39 - The Impact of State Pension Plans in Bitcoin 00:28:52 - Bitcoin's Positive Impact on the Environment 00:32:41 - The Migration of Hash Rate from Kazakhstan 00:36:53 - Financing Bitcoin Mining Operations with Landfill GasSubscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 15, 2024 • 28min

Goldman Sachs: $400 Million BITCOIN BUY

In this episode, Nik discusses the latest news about Goldman Sachs allocating over $400 million to spot ETFs. He explores the wave of institutional investment expected to arrive in bitcoin over the next couple of years, explains why only imagination can cap potential future price, and discusses the latest CPI reading and what it means for interest rates and Fed cuts. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 856817 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #GoldmanSachs #Investing #ETFs #Finance #InstitutionalInvestors #BitcoinPrice #CPI #InterestRates #FederalReserve #MarketUpdate #FinancialNews #InvestmentStrategy #StockMarket #EconomicOutlook #BitcoinNews #GoldmanSachsInvestment #MarketTrends #InvestmentNews #EconomicUpdate #FinancialMarkets #StockInvesting #WealthManagement #MonetaryPolicy #GlobalEconomy #AssetAllocation #Inflation #InvestorInsights #MarketAnalysis #EconomyWatch #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 13, 2024 • 37min

Global Markets Update: Bitcoin Consolidation, Macro Headwinds, & Treasury Auctions

In this episode, Nik recaps an eventful couple weeks in financial markets. With heightened volatility across Treasuries, stocks, and bitcoin, Nik breaks down the path of Fed policy rates, yield curve inversion (and why it's still happening), how poor Treasury auctions impact our view on rates, and the potential for several months of choppy bitcoin prices. We also discuss some of the more extreme tail risks for bitcoin. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 856522 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #FinancialMarkets #FedPolicy #Bitcoin #Treasuries #Stocks #YieldCurveInversion #TreasuryAuctions #Volatility #InvestmentAnalysis #BitcoinRisks #MarketRecap #InterestRates #MarketTrends #EconomicAnalysis #FedRates #InvestmentStrategies #BitcoinAnalysis #FinancialNews #TreasuryBonds #YieldCurve #StockMarket #Cryptocurrency #BitcoinForecast #MonetaryPolicy #MarketUpdate #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 9, 2024 • 43min

How Stacie Waleyko is Transforming Bitcoin Education

In this episode, Nik is joined by bitcoin developer and educator Stacie Waleyko to discuss her educational bitcoin pocket guides and brand new online game called Saving Satoshi. Stacie explains the type of student she is trying to reach and shares with us a vision of how Saving Satoshi can become one of the most powerful educational resources in all of bitcoin. Stratum V2, a bitcoin mining protocol, is also discussed. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 855976 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #SavingSatoshi #BitcoinEducation #BitcoinMining #StratumV2 #BlockchainTechnology #BitcoinDevelopers #EducationalResources #OnlineLearning #BitcoinGuides #StacieWaleyko #Blockchain #BitcoinCommunity #TechEducation #DigitalCurrency #BitcoinGame #TechInnovation #BlockchainLearning #MiningProtocol #BitcoinNetwork #FintechEducation #TechResources #PocketGuides #TechDevelopment #EducationalTools #OnlineEducation #BitcoinInsights #TechExploration #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Introducing Zen: Short Books on Bitcoin 00:05:02 - Introducing Taproot 00:09:41 - Benefits of Payjoin and Transaction Cut-Through 00:14:21 - Engaging with the Nostr Community and Introduction to Saving Satoshi 00:19:05 - Inspiring a new generation to fall in love with Bitcoin 00:23:37 - Addressing Innocuous Attacks on Bitcoin 00:28:22 - Exploring Bitcoin Technology 00:33:07 - Teaching Bitcoin without Coding 00:37:45 - The Importance of Encryption and Stratum V2 00:42:29 - Open Source Project FeedbackSubscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 7, 2024 • 1h 4min

Exploring Bitcoin's Strategic Role & AI's National Security Impact with Matt Pines

In this episode, Joe Consorti sits down with Matt Pines, the Director of Intelligence at Sentinel One and National Security Fellow at the Bitcoin Policy Institute. They dive into a multifaceted discussion covering the mechanics behind a strategic Bitcoin reserve, geopolitical flashpoints, advancements in AI technology, and the intriguing topic of UFOs. Matt Pines explains the strategic Bitcoin reserve bill and how the U.S. government could operationalize it. They discuss the feasibility and implications of holding Bitcoin as a financial asset. The conversation shifts to AI advancements, examining security challenges and how governments and private entities can prepare for these risks. Geopolitical tensions around Taiwan and its role in the semiconductor industry are analyzed, focusing on their impact on U.S.-China relations. Lastly, they tackle the subject of UFOs and the credibility of recent claims. Matt shares his thoughts on potential government disclosures and their implications for public trust and national security. Follow Matt Pines on Twitter: @Matthew_Pines The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email Try Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 855828 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #AI #Geopolitics #UFOs #NationalSecurity #Taiwan #USChinaRelations #Cryptocurrency #ArtificialIntelligence #SemiconductorIndustry #GovernmentPolicy #PublicTrust #StrategicReserve #BitcoinPolicy #Technology #CyberSecurity #SentinelOne #FinancialAssets #BitcoinReserve #SpaceExploration #DefenseStrategy #EconomicPolicy #AIAdvancements #GlobalTensions #TechInnovation #IntelligenceAnalysis #GovernmentDisclosure #Futurism #PolicyDiscussion #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - The Mechanics of Establishing a Strategic Bitcoin Reserve 00:07:12 - The Plausibility of a More Plausible Scenario 00:13:51 - Potential Fiscal and Economic Effects 00:20:57 - The Treasury Market and its instability 00:28:09 - International Regulations and the Geopolitics of AI 00:35:25 - The Fight for Power and Disruption in AI 00:42:29 - US Government's Position on Taiwan and China 00:49:32 - The Serious Topic of UAPs and Potential Disruptions 00:56:32 - The US Congress and UAPA UpdatesSubscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 7, 2024 • 45min

GLOBAL MARKETS PANIC: Bitcoin & Stocks CRASH But Recover

In this episode, Nik recaps one of the most eventful few days for financial markets this decade. With the soft landing narrative quickly giving way to a recession after last week's employment data, global markets went into a full tailspin, with US Treasuries dramatically bull steepening, stocks crashing, and bitcoin dipping below $50,000. He analyzes recent economic releases, discusses the volatility event and unwind of the Japanese yen carry trade, and carefully breaks down the price action from Tuesday's sharp, albeit partial, recovery. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. The Bitcoin Layer is proud to be sponsored by Efani, America's most secure mobile service. Efani delivers premium mobile service with unparalleled protection against SIM swaps and privacy invasions. Safeguard your crypto assets and personal data with the industry's most advanced security measures. Protect Yourself Now. If you value your privacy and security, Efani Secure Mobile is the answer. Don’t wait until it’s too late, protect yourself today. Use code TBL at checkout for $99 off the Efani SAFE Plan. https://www.efani.com/tbl?utm_source=substack&utm_medium=email The Bitcoin Layer is proud to be sponsored by Stamp Seed, a DIY kit that enables you to hammer your seed words into a durable plate of titanium using professional stamping tools. It’s estimated that ~30% of Bitcoin is lost forever. Poor seed phrase security is a big reason why. This is why we use Stamp Seed, Heat-resistant to 3,000ºF, rust-proof, crush-proof, and time-proof, Compact and easy to hide, No loose parts, such as screws or letter tiles. Take 15% off with code TBL. Get your Stamp Seed today! https://www.stampseed.com/shop/titanium-seed-phrase-storage-kits.html?utm_source=substack&utm_medium=email Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 855719 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #FinancialMarkets #RecessionFears #USTreasuries #StockMarketCrash #Bitcoin #EconomicAnalysis #Volatility #YenCarryTrade #MarketRecap #SoftLanding #GlobalEconomy #MarketVolatility #Investing #EconomicOutlook #MarketCrash #Forex #MarketTrends #BondMarket #Trading #FinanceNews #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - A Shocking Week in Financial Markets 00:05:11 - The Pain of Rate Cuts and Economic Disruptions 00:10:02 - Economic Backdrop: Headlines and Unemployment Claims 00:15:05 - Implications of a Bad Recession and Rate Cuts 00:20:24 - The Impact of Treasury Repo Investments 00:25:15 - Bitcoin Price Analysis 00:30:05 - The Response of the Investment Universe 00:34:57 - Yields Breaking Down 00:39:45 - The Unwinding of the Carry TradeSubscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 2, 2024 • 45min

Navigating Economic Waves: Felix Jauvin on Market Signals, Fed Cuts, and Bitcoin's Role

In this episode, Joe sits down with Felix Jauvin, macro analyst and host of On The Margin at Blockworks Macro. They dive into the latest economic data, discuss the Federal Reserve's rate decisions, and explore the intricate dynamics between macroeconomic signals and Bitcoin's market behavior. Felix shares his insights on current market conditions, the Fed's September cut, and the broader implications for risk assets. Tune in to gain a deeper understanding of how macro factors shape the financial landscape and Bitcoin's unique position within it. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 855117 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #Macroeconomics #FederalReserve #InterestRates #MarketAnalysis #FelixJauvin #OnTheMargin #BlockworksMacro #EconomicData #FedRateCut #RiskAssets #FinancialMarkets #BitcoinMarket #MacroSignals #EconomicInsights #FedPolicy #MarketTrends #InvestmentStrategy #BitcoinAnalysis #FinancialLandscape #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.
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Aug 1, 2024 • 33min

The BITCOIN Act of 2024 with Senator Cynthia Lummis

In this episode, Joe and Nik sit down with Senator Cynthia Lummis of Wyoming for a detailed discussion of the United States' unsustainable debt problem, and how Bitcoin can help address it. Senator Lummis discusses the establishment of a Strategic Bitcoin Reserve (SBR), how Bitcoin can strengthen the US dollar's position as the world reserve currency, the geographic distribution of the SBR's private keys, what Proof of Reserves for the SBR will look like, and how holding Bitcoin on the United States' balance sheet for 20 years can take our unsustainable debt situation, with $35 trillion in national debt at a 125% debt-to-GDP ratio, and potentially cut it in half. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today. Visit https://thebitcoinlayer.com/unchained and use code TBL for $100 off when you create an account. Subscribe and turn on notifications for TBL on YouTube. Subscribe to TBL’s research letter: https://thebitcoinlayer.com/subscribe Follow TBL on X: https://twitter.com/TheBitcoinLayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Join the official TBL channel on Telegram: https://t.me/thebitcoinlayerofficial Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Block Height 854895 Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball #TheBitcoinLayer #NikBhatia #JoeConsorti #Bitcoin #BitcoinNews #BTC #Bitcoin #CynthiaLummis #BitcoinReserve #USDebt #NationalDebt #LummisBill #BitcoinLegislation #SenateFinance #WyomingSenator #BitcoinPolicy #DebtCrisis #USDollar #WorldReserveCurrency #FinancialReform #EconomicPolicy #USSenate #Lummis #BitcoinLaw #StrategicReserve #USFinance #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro The Bitcoin Layer and its guests do not provide investment advice. Chapters: 00:00:00 - Introduction to the Bitcoin Act of 2024 00:03:12 - Bitcoin's Role in Balancing the Balance Sheet and Strengthening the Reserve Currency Position 00:06:32 - Strengthening the US Dollar with Gold and Bitcoin 00:10:32 - Shore up the US Dollar with Bitcoin 00:14:23 - Multi-signature Cold Storage for Bitcoin Reserve 00:17:48 - Bitcoin as a Strategic Asset in the United States 00:21:29 - Quarterly Proof of Reserve System 00:24:45 - Funding the Strategic Bitcoin Reserve 00:28:26 - Bitcoin as a Neutral Asset and Call to Action for Addressing National Debt 00:32:26 - Discussing the Bitcoin Act 2024Subscribe to The Bitcoin Layer on Soundwise The Bitcoin Layer and its guests do not provide investment advice.

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