if you're thinking that I just want to put some coins in my cold storage wallet, I want to buy

some ETFs, and I just want them to keep going up 20 to 30% every year, that error is over.

There's going to be opportunity to make money.

It's just not going to be at the beta level, just buy Bitcoin and buy the S&P and watch them,

or buy Bitcoin and buy triple Q's and watch them go up.

I think that era is now behind us.

Welcome to Bankless, where we explored the frontier of internet money and internet finance.

And today on the show, we are exploring the future of the US economy and whether or not

Donald Trump's economic policies are trying to bring the economy to its knees.

It's been a pretty tumultuous time in the market, especially in the crypto markets, as we have had some

wild swings in blue chip asset prices as Donald Trump announces the creation of a crypto strategic

reserve, followed by an escalation in the trade wars and communications from Scott Bessent,

the Treasury Secretary, about the rebalancing of the U.S. economy away from the trade wars and communications from Scott Bessent, the Treasury Secretary,

about the rebalancing of the U.S. economy away from the stock market and towards the bond market,

which, to spell it out plainly, does not bode well for risk assets like crypto.

So a crypto strategic reserve, a renewed trade war, a concerted effort to lowering interest rates at all costs, leading to somewhere

between an economic recession or the golden age of domestic industry manufacturing and real

GDP growth in America. To help me navigate this confluence of conversations, we're bringing on

Jim Bianco of Bianca Research, who is one of our favorite macro researcher, crypto investor

commentators

to tell us how he sees it. And I can confidently say, after recording this episode with Jim,

that I'm feeling much better about the chaos that is ensuing in the market, not because

...