Powell pulls the punchbowl and $1.5 trillion in 'paper wealth' vanishes. I'll unpack Wall Street's meltdown, JPOW's 'maybe we'll cut, maybe we won’t' strategy, and how inflation still runs the show. <br /><br />Then, we take a serious look at the idea of a U.S. Strategic Bitcoin Reserve. Could an executive order make it happen overnight? <br /><br /><p><strong>Affiliate LINKS:</strong><ul><li>🇺🇸 <a href="https://river.com/signup?r=3CT4V56E" target="_blank">Buy Sats on River</a> - The best way to stack in the US</li><li>🇨🇦 <a href="https://bitcoinwell.com/referral/chrislas" target="_blank">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li><li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER" target="_blank">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li><li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC" target="_blank">Fold Card</a> - Pay bills Stack Sats</li><li><span style="background-color: rgba(181, 213, 255, 1)">💵</span> <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG" target="_blank">SALT Lending </a>- Get access to your BTC Value w/out Selling</li></ul></p><br /><br /><strong>LINKS</strong>:<br /><ul><li><a href="https://www.pgpf.org/article/what-is-the-national-debt-costing-us/" target="_blank">What Is the National Debt Costing Us?</a></li><li><a href="https://www.coindesk.com/business/2024/12/19/bitcoin-miner-hut-8-buys-usd100m-btc-boosting-total-total-stash-to-usd1b" target="_blank">Bitcoin Miner Hut 8 Buys $100M BTC Bringing Total Holdings to $1B</a></li><li><a href="https://x.com/cointelegraph/status/1869668999455273105?t=E9EIlRX-vHxbQ8g23lQU3A" target="_blank">The Dutch government urged to establish a National Bitcoin Reserve in an open letter. </a></li><li><a href="https://www.cnbc.com/2024/12/19/cnbc-daily-open-expectations-on-fed-cuts-were-the-lethal-blow-to-markets.html" target="_blank">CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets</a></li><li><a href="https://x.com/BitcoinMagazine/status/1869489853970493795" target="_blank">El Salvador secures $3.5 billion IMF financing package after agreeing to make accepting Bitcoin voluntary and unwind its Chivo wallet.</a></li><li><a href="https://www.theya.us/research/bitcoin-crosses-108k-us-spot-etfs-are-the-largest-holder-mstr-to-enter-nasdaq-100/" target="_blank">Bitcoin Crosses $108k, US Spot ETFs Are The Largest Holder, MSTR To Enter Nasdaq-100</a></li><li><a href="https://www.theblock.co/post/331199/us-federal-reserve-cuts-fed-funds-rate-by-25-basis-points" target="_blank">US Federal Reserve cuts fed funds rate by 25 basis points</a></li><li><a href="https://x.com/KobeissiLetter/status/1869466949677400287" target="_blank">SUMMARY OF FED CHAIR POWELL'S STATEMENT (12/18/24)</a></li><li><a href="https://x.com/bitcoinmagazine/status/1869102704783716684?t=E9EIlRX-vHxbQ8g23lQU3A" target="_blank">Bitcoin Policy Institute drafts Executive Order for a Strategic Bitcoin Reserve for President Trump</a></li><li><a href="https://www.youtube.com/watch?v=9HO2f6NJcWg" target="_blank">A US strategic reserve could push bitcoin to $500K: Bitwise CIO - YouTube</a></li><li><a href="https://www.nobsbitcoin.com/fasb-bitcoin-fair-value-accounting/" target="_blank">FASB Officially Adopts Fair Value Accounting Rules for Bitcoin Starting December 2024</a></li><li><a href="https://www.nobsbitcoin.com/el-salvador-to-scale-back-bitcoin-policies-for-1-4-billion-imf-loan-deal/" target="_blank">El Salvador to Scale Back Bitcoin Policies for $1.4 Billion IMF Loan Deal</a></li><li><a href="https://x.com/BitcoinMagazine/status/1869125598549061661" target="_blank">BlackRock releases 3 minute educational video explaining what Bitcoin is.</a></li></ul><strong>MUSIC:</strong><br /><ul><li><a href="https://podcastindex.org/podcast/7137570" target="_blank">Digital Age Blues by Simon C</a></li></ul>
