87: The Curve Ball

The podcast analyzes Bitcoin's performance and influencing factors in 2025 and early 2026. It notes a surge in network hash rate and Lightning Network capacity, while also examining the potential end of the traditional four-year market cycle due to institutional investment. The silent IPO, where early holders sold at all-time highs, impacted Bitcoin's yearly performance. The podcast further explores the impact of geopolitical events, particularly Venezuela's situation, on Bitcoin's price, contrasting it with institutional strategy perspectives. Additionally, the discussion covers the potential deflationary effects of increased Venezuelan oil sales on Bitcoin's role as an inflation hedge, and the implications of a shift towards fiscal dominance led by the U.S. Treasury.