The $1.5 Trillion Tantrum

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.

Then, we take a serious look at the idea of a U.S. Strategic Bitcoin Reserve. Could an executive order make it happen overnight?

Affiliate LINKS:

• 🇺🇸 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

LINKS:

• What Is the National Debt Costing Us?


• Bitcoin Miner Hut 8 Buys $100M BTC Bringing Total Holdings to $1B


• The Dutch government urged to establish a National Bitcoin Reserve in an open letter.


• CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets


• El Salvador secures $3.5 billion IMF financing package after agreeing to make accepting Bitcoin voluntary and unwind its Chivo wallet.


• Bitcoin Crosses $108k, US Spot ETFs Are The Largest Holder, MSTR To Enter Nasdaq-100


• US Federal Reserve cuts fed funds rate by 25 basis points


• SUMMARY OF FED CHAIR POWELL'S STATEMENT (12/18/24)


• Bitcoin Policy Institute drafts Executive Order for a Strategic Bitcoin Reserve for President Trump


• A US strategic reserve could push bitcoin to $500K: Bitwise CIO - YouTube


• FASB Officially Adopts Fair Value Accounting Rules for Bitcoin Starting December 2024


• El Salvador to Scale Back Bitcoin Policies for $1.4 Billion IMF Loan Deal


• BlackRock releases 3 minute educational video explaining what Bitcoin is.

MUSIC:

• Digital Age Blues by Simon C