119: Debt Always Wins

Washington reaches for Hamiltonian economics, the bond market pushes back, and Bitcoin rips for exactly the reasons Bitcoiners warned about. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes BIP-110 Post Mortem Luke Dashjr Proposes BLAKE2b Bitcoin Hard Fork Monetary Nodes: A Spam-Free Bitcoin Without a Fork Lyn Alden on Bitcoin Fee-Based Security Bitcoin ETF Inflows Hit $137 Million Treasury Doubles Long-Term Bond Buybacks Treasury Steps In as Long-Bond Yields Surge Critical Takes on Treasury's Bond Buyback Intervention Why Bessent Is Playing With the Treasury Market US Debt Forces Investors to Demand Higher Returns Global Bond Rout Puts Governments on Notice 30-Year Treasury Yield Hits Highest Since 2007 Foreign Holdings of US Treasuries Fall Dollar Drops After Treasury Expands Bond Buybacks Gold Surges as Treasury Buybacks Hit Yields and Dollar Fed Minutes Show Growing Inflation Concerns Oil and Debt Fears Drive Global Borrowing Costs Higher Oil Above $90 Revives US Inflation Fears Soft US Data Keeps Pressure on the Dollar Metaplanet Commits 2,100 BTC to US Treasury Venture BlackRock Reaffirms Bitcoin Investment Case Citi Plans Bitcoin Custody Alongside Stocks and Bonds Large Holders Pour $2.75 Billion Into Bitcoin Bitwise Sees Bitcoin Substantially Higher by Year-End JD Vance and the Dollar's Reserve Currency Role JD Vance Is Right Can the Dollar Maintain Its Exorbitant Privilege? Electrum 4.8.1 Released With Security Fixes BitBox Warns Users About Severe Vulnerability BitBox 08.2026 Dixence Update Hunting Down the Coldcard Hacker Zeus Security Incident Post-Mortem DOJ Developer Exemptions World Gold Council CEO Says Bitcoin Will Go to Zero CNBC on the CLARITY Act and White House Meeting Bitwise Says Crypto Can Grow Without the CLARITY Act