Bitcoin Magazine Podcast

Bitwise's André Dragosch joins Spencer Nichols to explain why Bitcoin tends to move before shifts in global liquidity, acting as the canary in the liquidity coal mine, and why his global money supply model puts Bitcoin's fair value at $197,000 today. They also dig into recession risk, the Fed's next move, and how capital rotating out of precious metals could help Bitcoin catch up to the money supply.

🔶 Host: Spencer Nichols — Bitcoin Magazine
🔶 André Dragosch — Bitwise Director, Head of Research - Europe

🧳 Partnership Enquiries Let’s find your fit! BMTV offers customized sponsorships tailored to your brand’s goals and target audience.
👉 Partner with us: https://bitcoinmagazine.com/bmtv

Chapters:
00:00 Why French Bond Yields Are Rising
03:13 Tightening Financial Conditions Go Global
08:04 What the Dollar and an AI Bubble Mean for Bitcoin
12:45 Contagion Risk in the AI Credit Complex
17:23 Bitcoin, the Canary in the Liquidity Coal Mine
21:21 The Fed's Dilemma and the Debt Burden
25:42 China's Slowdown and Recession Risk
30:18 Will Bitcoin Decouple From Stocks?
33:47 Bitcoin's $197K Fair Value
37:43 Bretton Woods III and Bitcoin as Global Money
42:07 Bitcoin's Reserve Currency Call Option
46:48 Bitcoin-Backed Credit and Strategy as a Bank

#Bitcoin #BTC #AndreDragosch #Bitwise #BitcoinMagazine #BitcoinMagazinePodcast #Macro #Fed #FederalReserve #KevinWarsh #Bonds #Eurozone #Euro #Dollar #AIBubble #Recession #China #GlobalLiquidity #Gold #ReserveCurrency #DigitalCredit #Strategy #MoneyPrinting

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Grace Remington and Sean Hagan break down the #BinanceHack, #MSTR earnings, and the #Tech meltdown on #BitcoinMagazine TV (BMTV). Live Monday through Friday at 9:30am ET.

Guests:
Thomas Pacchia – Co-Founder & CEO, PubKey
Mike Flaum – Bitcoin Treasury Analyst, Log Scale Investments
Jorge Jraissati – President, Economic Inclusion Group
and more!

To learn more and get the latest news on BMTV, visit: https://bitcoinmagazine.com/bmtv

Thank you to our BMTV Founding Sponsors! 🎺

🟩 Cash App: For a limited time, new customers can get $21 added to their balance. Just use the code BMTV21 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast.

Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures (https://help.cash.app/btcdisclosures). #cashapppartner

🔲 Square: Get up to $200 off Square hardware when you sign up at http://square.com/go/bmtv! #squarepartner Offer expires December 31, 2026 at 11:59 pm PST.

Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

🔑 Bitkey: Download Bitkey today and use our promo code BMTV to get 10% off the second-generation Bitkey at https://bitkey.world/BMTV. This episode is sponsored by Bitkey. #bitkeypartner

🧂SALT Lending: Don't sell your Bitcoin. Borrow against it.
BMTV viewers borrow from 6.99% APR, a half point below SALT's standard 7.49%. No credit check, no origination fees, no prepayment fees.

The original Bitcoin-backed lender, lending against BTC since 2016.

GET YOUR BMTV OFFER: https://saltlending.com/bmtv/?utm_source=bmtv&utm_medium=youtube&utm_campaign=bmtv_offer
SALT is the official Liquidity Sponsor of BMTV.

SALT loans are originated by SALT Lending LLC (f/k/a SALT Master Fund II, LLC), NMLS 1711910. Borrowing against collateral involves risk. Not available in all jurisdictions. Digital currency is not legal tender and is not FDIC or SIPC insured. Terms: https://saltlending.com/terms-of-use/ #saltpartner

🎙️ Plaud: Visit plaud at https://plaud.ai/BMTV and use code BMTV for 10% off. #plaudpartner

🟦 UTXO Management is a Bitcoin-native asset manager investing across Bitcoin’s public and private markets, from liquid securities to venture to digital credit. #UTXOpartner

Disclaimer: For informational purposes only. Not an offer to sell or a solicitation of an offer to buy any securities. UTXO Management is a subsidiary of Nakamoto Inc. (NASDAQ: NAKA).

🟠 VerifiedX: Discover how VerifiedX and vBTC are turning Bitcoin into programmable financial infrastructure — built for payments, trading, borrowing, lending, treasury management and more, all while preserving self-custody and native Bitcoin redemption. #verifiedxpartner

Explore the future of Bitcoin utility at https://verifiedx.io

🟪 Stand with Crypto: Check your registration, find your state's deadline, and see where your candidates stand on crypto in one place: https://www.standwithcrypto.org/vote?utm_source=swc&utm_medium=influencer&utm_campaign=person058

#Bitcoin #BTC #BitcoinMagazine #BMTV #Tether #USDT #MSTR #Strategy #TechStocks #Stablecoins #BitcoinTreasuries #CryptoHack #Crypto #BitcoinNews #DigitalCredit

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Grace Remington and Sean Hagan break down #Oil & #Commodities, #FedRates, and #BitcoinCycle analysis on #BitcoinMagazine TV (BMTV). Live Monday through Friday at 9:30am ET.

Guests:
Mason Lynaugh – Executive Director, Stand With Crypto
Alex Thorn — Head of Firmwide Research, Galaxy
Doomberg – Energy & Macro Analyst, Doomberg
and more!

To learn more and get the latest news on BMTV, visit: https://bitcoinmagazine.com/bmtv

Thank you to our BMTV Founding Sponsors! 🎺

🟩 Cash App: For a limited time, new customers can get $21 added to their balance. Just use the code BMTV21 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast.

Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures (https://help.cash.app/btcdisclosures). #cashapppartner

🔲 Square: Get up to $200 off Square hardware when you sign up at http://square.com/go/bmtv! #squarepartner Offer expires December 31, 2026 at 11:59 pm PST.

Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

🔑 Bitkey: Download Bitkey today and use our promo code BMTV to get 10% off the second-generation Bitkey at https://bitkey.world/BMTV. This episode is sponsored by Bitkey. #bitkeypartner

🧂SALT Lending: Don't sell your Bitcoin. Borrow against it.
BMTV viewers borrow from 6.99% APR, a half point below SALT's standard 7.49%. No credit check, no origination fees, no prepayment fees.

The original Bitcoin-backed lender, lending against BTC since 2016.

GET YOUR BMTV OFFER: https://saltlending.com/bmtv/?utm_source=bmtv&utm_medium=youtube&utm_campaign=bmtv_offer
SALT is the official Liquidity Sponsor of BMTV.

SALT loans are originated by SALT Lending LLC (f/k/a SALT Master Fund II, LLC), NMLS 1711910. Borrowing against collateral involves risk. Not available in all jurisdictions. Digital currency is not legal tender and is not FDIC or SIPC insured. Terms: https://saltlending.com/terms-of-use/ #saltpartner

🎙️ Plaud: Visit plaud at https://plaud.ai/BMTV and use code BMTV for 10% off. #plaudpartner

🟦 UTXO Management is a Bitcoin-native asset manager investing across Bitcoin’s public and private markets, from liquid securities to venture to digital credit. #UTXOpartner

Disclaimer: For informational purposes only. Not an offer to sell or a solicitation of an offer to buy any securities. UTXO Management is a subsidiary of Nakamoto Inc. (NASDAQ: NAKA).

🟠 VerifiedX: Discover how VerifiedX and vBTC are turning Bitcoin into programmable financial infrastructure — built for payments, trading, borrowing, lending, treasury management and more, all while preserving self-custody and native Bitcoin redemption. #verifiedxpartner

Explore the future of Bitcoin utility at https://verifiedx.io

🟪 Stand with Crypto: Check your registration, find your state's deadline, and see where your candidates stand on crypto in one place: https://www.standwithcrypto.org/vote?utm_source=swc&utm_medium=influencer&utm_campaign=person058

#Bitcoin #BTC #BMTV #BitcoinMagazine #Oil #Commodities #FedRates #FederalReserve #InterestRates #BitcoinCycle #Macro #Doomberg #StandWithCrypto #USDT #Stablecoins #BitcoinNews

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Grace Remington and Sean Hagan break down #Bitcoin in the #Midterms and #BitcoinMacro strategy on #BitcoinMagazine TV (BMTV). Live Monday through Friday at 9:30am ET.

Guests:
Tyler Evans – Chief Investment Officer, Nakamoto
Alexandre Laizet – Deputy CEO & Head of Bitcoin Strategy, Capital B
Senator Bill Hagerty – U.S. Senator, Tennessee
and more!

To learn more and get the latest news on BMTV, visit: https://bitcoinmagazine.com/bmtv

Thank you to our BMTV Founding Sponsors! 🎺

🟩 Cash App: For a limited time, new customers can get $21 added to their balance. Just use the code BMTV21 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast.

Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures (https://help.cash.app/btcdisclosures). #cashapppartner

🔲 Square: Get up to $200 off Square hardware when you sign up at http://square.com/go/bmtv! #squarepartner Offer expires December 31, 2026 at 11:59 pm PST.

Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

🔑 Bitkey: Download Bitkey today and use our promo code BMTV to get 10% off the second-generation Bitkey at https://bitkey.world/BMTV. This episode is sponsored by Bitkey. #bitkeypartner

🧂SALT Lending: Don't sell your Bitcoin. Borrow against it.
BMTV viewers borrow from 6.99% APR, a half point below SALT's standard 7.49%. No credit check, no origination fees, no prepayment fees.

The original Bitcoin-backed lender, lending against BTC since 2016.

GET YOUR BMTV OFFER: https://saltlending.com/bmtv/?utm_source=bmtv&utm_medium=youtube&utm_campaign=bmtv_offer
SALT is the official Liquidity Sponsor of BMTV.

SALT loans are originated by SALT Lending LLC (f/k/a SALT Master Fund II, LLC), NMLS 1711910. Borrowing against collateral involves risk. Not available in all jurisdictions. Digital currency is not legal tender and is not FDIC or SIPC insured. Terms: https://saltlending.com/terms-of-use/ #saltpartner

🎙️ Plaud: Visit plaud at https://plaud.ai/BMTV and use code BMTV for 10% off. #plaudpartner

🟦 UTXO Management is a Bitcoin-native asset manager investing across Bitcoin’s public and private markets, from liquid securities to venture to digital credit. #UTXOpartner

Disclaimer: For informational purposes only. Not an offer to sell or a solicitation of an offer to buy any securities. UTXO Management is a subsidiary of Nakamoto Inc. (NASDAQ: NAKA).

🟠 VerifiedX: Discover how VerifiedX and vBTC are turning Bitcoin into programmable financial infrastructure — built for payments, trading, borrowing, lending, treasury management and more, all while preserving self-custody and native Bitcoin redemption. #verifiedxpartner

Explore the future of Bitcoin utility at https://verifiedx.io

🟪 Stand with Crypto: Check your registration, find your state's deadline, and see where your candidates stand on crypto in one place: https://www.standwithcrypto.org/vote?utm_source=swc&utm_medium=influencer&utm_campaign=person058

#Bitcoin #BitcoinMagazine #BMTV #BTCInc #BitcoinMidterms #Midterms #BitcoinMacro #MacroStrategy #TylerEvans #Nakamoto #AlexandreLaizet #CapitalB #BillHagerty #GENIUSAct #BitcoinTreasury

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

Grace Remington and Sean Hagan break down #Stablecoins & #CentralBanks, #OnChainData, and #BitcoinSentiment on #BitcoinMagazine TV (BMTV). Live Monday through Friday at 9:30am ET.

Guests:
Michael Sullivan – Founder, Bitcoin Sentiment Weekly
Alex Svanevik – CEO, Nansen
and more!

To learn more and get the latest news on BMTV, visit: https://bitcoinmagazine.com/bmtv

Thank you to our BMTV Founding Sponsors! 🎺

🟩 Cash App: For a limited time, new customers can get $21 added to their balance. Just use the code BMTV21 when you sign up, and send at least $5 to a friend in the first two weeks. Terms apply. Bitcoin services by Block, Inc. See the Bitcoin disclosures at cash.app/legal/podcast.

Bitcoin services are provided by Block, Inc. Bitcoin services are not licensable activity in all U.S. states and territories, and not all services are available in all states. Bitkey is not available in New York. Block, Inc. operates in New York as Block of Delaware and is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Bitcoin is a non-deposit, non-bank product that is not FDIC insured and involves risk, including monetary loss. For additional information, see the Bitcoin disclosures (https://help.cash.app/btcdisclosures). #cashapppartner

🔲 Square: Get up to $200 off Square hardware when you sign up at http://square.com/go/bmtv! #squarepartner Offer expires December 31, 2026 at 11:59 pm PST.

Offer for $40 off the cost of one Square Stand, $75 off the cost of one Square Terminal, $100 off the cost of one Square Handheld, or $200 off the cost of one Square Register, excluding applicable taxes. Limited to one discount per product type per seller account. Each code is limited to one redemption per account holder. Valid for new Square customers located in the US only. Offer not valid with guest checkout. Square reserves the right to modify, revoke or cancel the offer at any time. Offer cannot be combined with any other coupon. Void where prohibited, not redeemable for cash, and non-transferable. #squarepartner #blockpartner

🔑 Bitkey: Download Bitkey today and use our promo code BMTV to get 10% off the second-generation Bitkey at https://bitkey.world/BMTV. This episode is sponsored by Bitkey. #bitkeypartner

🧂SALT Lending: Don't sell your Bitcoin. Borrow against it.
BMTV viewers borrow from 6.99% APR, a half point below SALT's standard 7.49%. No credit check, no origination fees, no prepayment fees.

The original Bitcoin-backed lender, lending against BTC since 2016.

GET YOUR BMTV OFFER: https://saltlending.com/bmtv/?utm_source=bmtv&utm_medium=youtube&utm_campaign=bmtv_offer
SALT is the official Liquidity Sponsor of BMTV.

SALT loans are originated by SALT Lending LLC (f/k/a SALT Master Fund II, LLC), NMLS 1711910. Borrowing against collateral involves risk. Not available in all jurisdictions. Digital currency is not legal tender and is not FDIC or SIPC insured. Terms: https://saltlending.com/terms-of-use/ #saltpartner

🎙️ Plaud: Visit plaud at https://plaud.ai/BMTV and use code BMTV for 10% off. #plaudpartner

🟦 UTXO Management is a Bitcoin-native asset manager investing across Bitcoin’s public and private markets, from liquid securities to venture to digital credit. #UTXOpartner

Disclaimer: For informational purposes only. Not an offer to sell or a solicitation of an offer to buy any securities. UTXO Management is a subsidiary of Nakamoto Inc. (NASDAQ: NAKA).

🟠 VerifiedX: Discover how VerifiedX and vBTC are turning Bitcoin into programmable financial infrastructure — built for payments, trading, borrowing, lending, treasury management and more, all while preserving self-custody and native Bitcoin redemption. #verifiedxpartner

Explore the future of Bitcoin utility at https://verifiedx.io

🟪 Stand with Crypto: Check your registration, find your state's deadline, and see where your candidates stand on crypto in one place: https://www.standwithcrypto.org/vote?utm_source=swc&utm_medium=influencer&utm_campaign=person058

#Bitcoin #BitcoinMagazine #BMTV #BTCInc #Stablecoins #CentralBanks #OnChainData #BitcoinSentiment #IzabellaKaminska #TheBlindSpot #MichaelSullivan #BitcoinSentimentWeekly #AlexSvanevik #Nansen #cbdc

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.