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TFTC: A Bitcoin Podcast

#528: Bitcoin Is The Liquidity Alarm Bell with Preston Pysh

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 9 August 2024

⏱️ 79 minutes

🧾️ Download transcript

Summary

Marty sits down with Preston Pysh to discuss further spiraling of the debt crisis and how bitcoin can help.


Preston on Twitter: https://x.com/PrestonPysh

Preston on Nostr: https://primal.net/preston


0:00 - Intro
1:10 - Treasury auctions and stablecoins
11:06 - Potentially solving the debt problem
23:31 - River & Unchained
24:47 - Bank of Japan
26:22 - Accelerating toward the election
29:18 - Gradually, Then Suddenly & Zaprite
30:55 - Global M2 and liquidity alarm bell
50:15 - Bitcoin corporate treasuries
44:10 - Creating a soft landing
47:50 - Bitcoiners gaining influence
57:23 - How far does this cycle go?
1:04:27 - Vote with your node
1:10:52 - The handout mindset
1:13:44 - Optimism


Shoutout to our sponsors:


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https://river.com/tftc

Unchained

https://unchained.com/concierge/

Zaprite

https://zaprite.com/tftc

Gradually, Then Suddenly

https://thesaifhouse.com/gradually



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Transcript

Click on a timestamp to play from that location

0:00.0

I think people that control a lot of buying power in the world have finally figured this out.

0:05.3

And I think that they're doing everything that they can to, you know, take a position size.

0:09.6

Now, whether it's a large position size or what, or just a hedge, I don't know, but they're figuring it out.

0:15.7

Just look at the people that came to the conference in Nashville.

0:18.1

Like, they're figuring it out.

0:27.4

This rip of TFTC was brought to you by River.

0:29.4

It's the best place to buy Bitcoin.

0:33.7

Go to river.com slash TFTC and enjoy this episode.

0:43.9

You've had a dynamic where money's become freer than free.

0:49.6

When you talk about a Fed just gone nuts, all the central banks going nuts.

0:51.8

So it's all acting like safe haven.

0:59.2

I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.

1:02.4

In the world of fiat currencies, Bitcoin is the victor.

1:05.3

I mean, that's part of the bold case for Bitcoin.

1:08.2

If you're not paying attention, you probably should be.

1:13.6

We were talking in Nashville. That was a great week.

1:14.6

And I think you really helped crystallize an idea has been percolating, obviously, in many circles,

1:23.6

but now is more pressing to people in the industry post-Bitcoin Act bill being put on the floor

1:31.1

by Cynthia Lummis. And then obviously, RFK and Trump talking about a strategic Bitcoin reserve

1:39.9

at the Treasury. But from conversations with yourself, Pierre Rochard, Jack Mahlers, and then listening

1:47.6

to your episode of what Bitcoin did with Luke Groman when I was driving back from a flight

1:53.2

at about an hour and a half drive and listen to that episode.

...

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