This podcast episode critically examines the ongoing discussions around the Bitcoin spot ETF, arguing that its approval is largely a game played by billionaires seeking to leverage rising Bitcoin demand, while emphasizing the decentralized nature of Bitcoin as a safeguard against centralized control. Luke posits that the macroeconomic landscape, particularly the depreciating US dollar and the potential for a new crypto supercycle, positions Bitcoin and similar appreciating assets as essential for wealth preservation, all while encouraging long-term holders to maintain focus amid short-term volatility.
