<p>King Dollar is back, the debasement trade is supposedly dead, and Bitcoin is left testing the one question that matters: what happens when Saylor stops buying?</p>
<p><strong>Episode Links</strong></p>
<ul>
<li>⚡ <a href="https://boost.jupiterbroadcasting.com/?show=twib">Boost from the Web</a></li>
<li>🇺🇸 <a href="https://partner.river.com/jupiter">Buy Sats on River</a> - The best way to stack in the US</li>
<li>🇨🇦 <a href="https://www.bitcoinwell.com/jupiter">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li>
<li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li>
<li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC">Fold Card</a> - Pay bills Stack Sats</li>
<li>💵 <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG">SALT Lending</a> - Get access to your BTC Value w/out Selling</li>
</ul>
<p><strong>Show Notes</strong></p>
<ul>
<li><a href="https://www.moneyandbanking.com/primers/2025/10/25/fiscal-dominance-a-primer">Fiscal Dominance: A Primer</a></li>
<li><a href="https://podscripts.co/podcasts/what-bitcoin-did/this-is-the-end-of-the-dollar-system-jeff-ross">This Is The End Of The Dollar System | Jeff Ross</a></li>
<li><a href="https://downloads.cs.stanford.edu/nlp/data/jiwei/data/vocab_wiki.txt">Stanford Wiki Vocabulary Dataset</a></li>
<li><a href="https://finance.yahoo.com/markets/crypto/articles/strategy-opens-door-bitcoin-sales-161700934.html">Strategy Opens Door to Bitcoin Sales as Treasury Model Faces Stress Test</a></li>
<li><a href="https://seekingalpha.com/article/4864639-strategy-bitcoin-as-a-treasury-model-faces-stress-test">Strategy: Bitcoin As A Treasury Model Faces Stress Test</a></li>
<li><a href="https://www.thestreet.com/crypto/markets/michael-saylor-breaks-silence-as-strategy-stock-sinks">Michael Saylor Breaks Silence as Strategy Stock Sinks</a></li>
<li><a href="https://finance.yahoo.com/markets/crypto/articles/michael-saylor-fires-back-never-220115528.html">Michael Saylor Fires Back: “I Never Said The Company Wouldn’t Sell Bitcoin”</a></li>
<li><a href="https://www.theblock.co/post/384452/canaan-bitcoin-mining-greenhouse-efficiency-initiative">Canaan’s Bitcoin Mining Heat Greenhouse Initiative</a></li>
<li><a href="https://ambrook.com/offrange/crops/bit-coin-waste-heat-greenhouses">Mining Bitcoin, Growing Tomatoes</a></li>
<li><a href="https://www.tradingview.com/news/cointelegraph:8efce1154094b:0-how-bitcoin-mining-heat-is-being-tested-to-warm-canadian-greenhouses/">Bitcoin Mining Heat Tested to Warm Canadian Greenhouses</a></li>
<li><a href="https://finance.yahoo.com/news/bitcoin-mining-gets-greener-canaan-181439101.html">Bitcoin Mining Gets Greener as Canaan Recycles Heat for Agriculture</a></li>
<li><a href="https://www.fidelitydigitalassets.com/research-and-insights/adding-bitcoin-corporate-treasury">Adding Bitcoin to a Corporate Treasury</a></li>
<li><a href="https://frblaw.com/why-bitcoin-treasury-companies-are-taking-off-and-what-it-means-for-midmarket-private-companies/">Why Bitcoin Treasury Companies Are Taking Off</a></li>
<li><a href="https://horizonkinetics.com/app/uploads/Bitcoin-newsletter_October-2017.pdf">Cryptocurrency or Fiat Currency? Volatility or Debasement?</a></li>
<li><a href="https://www.fidelitydigitalassets.com/research-and-insights/closer-look-bitcoins-volatility">A Closer Look at Bitcoin’s Volatility</a></li>
<li><a href="https://journalistsresource.org/economics/american-dream-reality-economic-mobility/">Economic Mobility and the American Dream</a></li>
<li><a href="https://www.allianz.com/en/mediacenter/news/articles/250819-breaking-the-logic-of-us-against-them.html">Breaking the Logic of “Us Against Them”</a></li>
<li><a href="https://www.coindesk.com/markets/2026/01/29/more-than-half-of-bitcoin-s-invested-supply-has-a-cost-basis-above-usd88-000">Most Bitcoin Investors Are Officially Underwater</a></li>
<li><a href="https://www.fidelitydigitalassets.com/sites/g/files/djuvja3256/files/acquiadam/1125481.2.0%20-%20FDA%20Bitcoin%20as%20an%20Aspirational%20Store%20of%20Value%20Revisited%20V2.pdf">Bitcoin as an Aspirational Store of Value Revisited</a></li>
<li><a href="https://pomp.substack.com/p/bitcoins-volatility-is-dampening">Bitcoin’s Volatility Is Dampening</a></li>
</ul>
<p><strong>Music:</strong></p>
<ul>
<li><a href="https://fountain.fm/track/4L2bw8uZZNe03XCGYFDl">Legs Broken by Mishkin Fitzgerald</a></li>
</ul>