Bitcoin Today Recast

What’s happening in the Bitcoin market—and what are Bitcoiners talking about after Bitcoin Alpha in Santa Monica? From MicroStrategy (MSTR) to the bigger questions shaping Bitcoin, this episode brings the community conversation back to the forefront.

Today on Bitcoin Today, we revisit the energy surrounding last week’s Bitcoin Alpha conference in Santa Monica and dive into general Bitcoin topics, market perspectives, and the latest conversations across the Bitcoin community.

We also discuss MicroStrategy (MSTR) and its place in the Bitcoin ecosystem, alongside broader questions about Bitcoin, market sentiment, and the different ways people think about gaining and holding Bitcoin exposure.

Bitcoin is about more than price. It’s about ideas, conviction, community, and the future of money. This episode brings those themes together in an open, unscripted conversation about where Bitcoin stands and what could lie ahead.

Whether you attended Bitcoin Alpha in Santa Monica or are catching up from elsewhere, tune in for a community-driven discussion covering Bitcoin, MSTR, market outlooks, and the ideas shaping the Bitcoin conversation.

It’s a market-focused Space covering Bitcoin, Bitcoin Alpha, MicroStrategy (MSTR), Bitcoin market sentiment, Bitcoin investing, and the people and ideas shaping the future of money.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself. We’re live on X every weekday at 8:30 AM PT.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

Chapters:
0:00 Show open: Terence live from Santa Monica
5:00 Bitcoin gives you wings: trust your earning power, not your savings
10:00 Conference recap: Abundant Minds track and Proof of Bull
15:00 Shout-out: hoping Robert is doing well
20:00 Saylor at RFK: 38% Bitcoin CAGR, 52% Strategy CAGR over six years
25:00 Post-conference networking and hangouts
30:00 Dom Bei's "conference for trees" roast
35:00 The family fund framework
40:00 Bringing spouses to conferences, ATN joins
45:00 STRC buyback debate: the Apple iPhone moment analogy
50:00 Dark: Coinbase denied his self-custody withdrawal twice
55:00 Digital credit debate: returns without the volatility?
1:00:00 Moon banter and the hot digital credit topic
1:05:00 Dave: Saylor's earnings call and digital credit for non-Bitcoiners
1:10:00 Adoption S-curves: Amazon, ATMs, electric cars
1:15:00 Dave: 1987 program trading, magic-wand hedging always blows up
1:20:00 Buybacks cannot will a stock price higher
1:25:00 Healthcare detour: medical errors and the EHR era
1:30:00 Digital credit as marketing; Bitcoin as future collateral
1:35:00 Earnings calls: the AI trade is sucking up capital
1:40:00 Liquidity crisis debate: Blake grills a Strategy shorter
1:45:00 Macro: Luke Gromen's rock and a hard place
1:50:00 Europe: suicidal empathy and financed riots
1:55:00 The Nordics voted against their own interests
2:00:00 Wrap: jury duty banter and play-out

Charles Schwab is moving toward a Bitcoin ETF, and the Bitcoin Today room digs into what it means for holders, advisors and the price. Loren and Terence host today's live Bitcoin Today Space with the community, including Aztec, Natalie, Michael, Omar and more.

Today on Bitcoin Today, the conversation opens with the community catching up and what the room is watching on a big conference day. Then the Tesla Roadster and Cybertruck debate takes over, with the panel split on whether the launch hype is real. Along the way: Elon, politics and why polarization keeps people arguing.

Then we turn to Bitcoin. The big news is Schwab and its RIA platform. The panel talks about Bitcoin ETFs, whether ETF selling pressure matters, how Bitcoin differs from an S&P 500 ETF because there can only ever be 21 million, and why more ETF adoption makes self-custody and multi-sig conversations more important, not less. We close out with spend and replace thinking, and the long game for Bitcoin.

Searching for daily Bitcoin news, Schwab Bitcoin ETF, Bitcoin ETFs, RIA platforms, self-custody, multi-sig, Tesla Roadster or Elon? This episode covers it in a live, unscripted community conversation recorded Friday morning PT.

CHAPTERS
00:00 Intro: live from Bitcoin Alpha in Santa Monica
02:31 The Bitcoin-mining wristwatch
05:01 Markets: Korea and Indonesia selloff, hyperscalers getting waxed
15:03 The Schwab news is bullish
17:45 Tesla talk: the Roadster reveal
22:35 The Roadster is something completely different
25:51 Fight: Roadster production vs publicity stunt
28:49 Garage talk: 911 GT3 RS and Ferraris
30:00 Cybertruck vs the Porsche
35:02 The Elon politics debate
39:05 Cheering on the builder despite the politics
45:02 Will the Roadster ever be street legal
48:41 Skepticism for anyone with that much power
50:03 Conference sessions and the Tesla event recap
56:06 Schwab going in is the only thing you need to know
57:11 You can already buy every Bitcoin ETF inside Schwab
58:33 Active vs passive: what is destroying our markets
1:00:42 Did the ETFs move Bitcoin's price up or down
1:01:26 The 2022 drawdown: 70 to 75 percent before ETFs
1:02:32 Paper-handed ETF holders in the next risk-off
1:04:40 The 21 million rebuttal: you cannot make more of it
1:06:30 Compressed spring: paper Bitcoin vs spot Bitcoin
1:10:07 Why Schwab's ETF is bullish: the RIA pitch machine
1:12:35 Fee-based RIAs and Schwab's internal marketing
1:13:23 1000 percent multi-sig: IBIT is not Bitcoin
1:14:18 As ETFs grow, self-custody conversations matter more
1:16:05 In-kind redemptions: can institutions withdraw
1:18:45 On the ground at Bitcoin Alpha
1:21:00 Bitcoin ADRs: American depository receipts
1:22:33 Separate self-custody from spending Bitcoin
1:26:47 Self-custody as a forward market indicator
1:28:04 Winding down: doing the best with what we have
1:30:03 Outro

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself. We are live on X every weekday at 8:30 AM PT.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.
X Money: @LorenHodl

Bitcoin price, hot inflation data, rising bond yields, and a potential AI data center bubble—is the market overlooking important risks? This Bitcoin Today replay explores the latest macroeconomic signals, Bitcoin market sentiment, artificial intelligence, and the question of who to trust in a world of competing narratives.

Hosted by Eric Rice, with Loren joining as co-host, this live Bitcoin community discussion brings together Jeff, Michael, Corey, Tico, G Money, Aztec, Sean, and others to debate Bitcoin, markets, politics, and technology.

BITCOIN, PPI INFLATION & THE MACRO OUTLOOK

We discuss the hotter-than-expected Producer Price Index (PPI), sticky inflation, bond yields, gold, and Bitcoin's price action—including the market reaction as Bitcoin fell below $80,000 during the conversation. The panel considers the difference between short-term volatility and Bitcoin's long-term fundamentals.

AI DATA CENTERS: BOOM OR BUBBLE?

Are AI hyperscalers and data center companies building the infrastructure of the future, or could the AI investment boom be heading for a correction? We explore data center energy and water demands, infrastructure spending, regulation, and the potential implications for markets and Bitcoin mining.

TRUST, ARTIFICIAL INTELLIGENCE & BITCOIN

Who can you trust when politics, media, and AI-generated narratives compete for attention? The discussion explores language models (LLMs), centralized AI, credibility, and Bitcoin's ability to operate without a third party approving transactions.

We also touch on Bitcoin treasury companies, including Strategy and Strive, Bitcoin forks such as BCH and BSV, market psychology, and why long-term conviction matters when headlines create uncertainty.

If you're interested in Bitcoin news, Bitcoin price analysis, macroeconomics, inflation, AI infrastructure, hyperscalers, Bitcoin mining, and the future of money, catch the full conversation.

🎙️ MISSED THE LIVE SPACE?

Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Today's Space was hosted by Eric Rice, with Loren joining as co-host. Catch the full replay.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for more conversations about Bitcoin, markets, and emerging technology.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

Are Strategy’s rising preferred stock yields a warning sign—or an opportunity for Bitcoin investors? From Bitcoin OGs who moved to altcoins to a heated debate over Boomers, Gen Z, and a potential market reset, this episode explores the risks, opportunities, and convictions shaping the Bitcoin market.

Today on Bitcoin Today, we start with some lighthearted community banter before diving into Bitcoin forks and the early Bitcoin figures who went in different directions. We discuss BSV, BCH, their ETFs, and why Bitcoin’s core fundamentals remain central to the debate.

Then we tackle the generational divide. Why are so many young people frustrated with the current system? How did we get here, and what could happen as wealth shifts from one generation to the next?

Next, we turn to Strategy, Strive, and preferred stock yields. We examine products like STRC, the high rates they offer, what they could signal about access to capital, and the risks that emerge when companies rely on continued market access.

Finally, the conversation turns to preparing for a possible market reset. We discuss hedging, keeping dry powder, the upcoming election, and why the group refuses to bet against America. We close with Bitcoin conviction, opportunity, and the importance of making decisions you can live with—without unnecessary regrets.

It’s a market-focused Space covering Bitcoin, Strategy, Strive, preferred stock yields, Bitcoin forks, BSV, BCH, generational wealth, market risk, hedging, the election, and the long-term case for Bitcoin.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself. We’re live on X every weekday at 8:30 AM PT.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

What happens to your Bitcoin if your signing device is compromised—or your family needs to inherit it? From the Ledger hack and Bitcoin security to Fidelity’s Bitcoin options and a heated debate over MicroStrategy, this episode tackles some of the biggest decisions facing Bitcoin holders.

Today on Bitcoin Today, we start with the Ledger hack and signing devices, discussing Bitcoin security and the importance of understanding how transactions are authorized and protected.

Then we turn to Fidelity and Bitcoin. We explore its spot Bitcoin ETF, custodial options, and the implications of choosing how to hold Bitcoin—including a critical question many investors overlook: what happens to your Bitcoin when it’s time to pass it on to your heirs?

Finally, we get into MicroStrategy, now known as Strategy, and spend some time debating the pros and cons. What makes it an attractive way to gain Bitcoin exposure? What are the risks of using a company and its financial structure as a route to Bitcoin? We dig into the arguments on both sides.

From signing devices and self-custody to Bitcoin ETFs, institutional custody, inheritance planning, and Strategy’s Bitcoin model, this episode explores the trade-offs between convenience, control, and risk.

It’s a market-focused Space covering Bitcoin security, the Ledger hack, signing devices, Fidelity, spot Bitcoin ETFs, custody, inheritance planning, MicroStrategy, and the risks and rewards of Bitcoin exposure through public companies.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

AI: The Good, the Bad & the Ugly — What Does It Mean for Bitcoin and the World?

Can AI make the world better—or will its unintended consequences change everything? From the importance of community and positivity to the opportunities and risks of artificial intelligence, this episode of Bitcoin Today explores a technology that could reshape our future.

Today on Bitcoin Today, we start with a conversation about community, staying positive, and why the people around us matter. Then we turn to AI: the good, the bad, and the ugly.

We explore how artificial intelligence could impact Bitcoin, the global economy, technology, and everyday life. What opportunities does AI create? What risks should we be paying attention to? And how might the relationship between AI and Bitcoin evolve as both technologies continue to develop?

It’s a wide-ranging conversation about innovation, uncertainty, and the forces shaping the future. Whether you’re a Bitcoiner, an AI enthusiast, or simply trying to understand where the world is headed, this discussion tackles questions worth thinking about.

It’s a market-focused Space covering Bitcoin, artificial intelligence, AI risks and opportunities, emerging technology, community, and the future of money.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

Is your Bitcoin really safe? The Ledger hack, seed phrase security, and Bitcoin’s power law raise important questions about protecting your Bitcoin and understanding where the market could go next.

Today on Bitcoin Today, Matt McDonagh, a financial services professional, joins the conversation to discuss his industry, AI, Bitcoin security, and the forces shaping the future of money.

We dig into the Ledger hack and why taking control of your Bitcoin security matters. The discussion explores the importance of “rolling your own” seed phrase, self-custody, and understanding how your Bitcoin is protected.

Then we go deep on Bitcoin’s power law and what it can—and cannot—tell us about Bitcoin’s long-term trajectory. With market sentiment shifting, we discuss how Bitcoiners can think about the road ahead without losing sight of the bigger picture.

From AI and financial services to wallet security and long-term market trends, this episode connects the practical decisions Bitcoin holders face today with the larger questions surrounding Bitcoin’s future. And we finish on a positive note.

It’s a market-focused Space covering Bitcoin, the Ledger hack, seed phrase security, self-custody, AI, Bitcoin’s power law, market sentiment, and the outlook for the Bitcoin market.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

Why is Bitcoin dipping? And is MicroStrategy (MSTR) worth the risk—or are its Bitcoin-linked financial products more complicated than they appear?

Bitcoin’s latest price action sets the stage for a lively debate on Bitcoin ETFs, MicroStrategy, and the pros and cons of MSTR’s Bitcoin strategy. Joined by British Hodl, the conversation gets heated as we examine the different ways investors gain Bitcoin exposure—and the tradeoffs that come with them.

We also explore accepting Bitcoin as payment at New York coffee shops and what it takes to make Bitcoin useful in everyday life. From real-world adoption to Wall Street products, this episode tackles two sides of the Bitcoin ecosystem: using Bitcoin and investing in it.

It’s a market-focused Space covering Bitcoin price action, Bitcoin adoption, Bitcoin payments, New York coffee shops, Bitcoin ETFs, MicroStrategy (MSTR), and Bitcoin-linked financial products.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily Bitcoin conversation featuring community members and special guests, hosted by founding member Loren and co-host Terence. Catch the full replay and hear the debate for yourself.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast to catch new episodes and keep up with the conversations shaping Bitcoin.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

Where should you keep your Bitcoin? Hot wallet, Lightning wallet, or cold storage? And what happens when AI bots start changing the way we interact with Bitcoin?

Today on Bitcoin Today, we get into one of the most important questions for anyone holding Bitcoin: how should you actually store it?

We break down Bitcoin wallets, hot wallets, Lightning wallets, cold storage, and self-custody, looking at the different ways people can hold and use Bitcoin—and the tradeoffs that come with each approach.

Then the conversation goes deep into AI and bots, exploring the growing intersection between artificial intelligence and Bitcoin. We touch on Muse, Grok Bot, and the possibilities emerging as AI agents and automated systems become more capable.

We also discuss the Bitcoin Alpha conference and some of the upcoming events.

If you're interested in Bitcoin, self-custody, wallet security, Lightning, AI, or where the technology is heading next, this is a conversation worth catching.

It’s a market-focused Space covering Bitcoin wallets, hot wallets, Lightning wallets, cold storage, self-custody, Bitcoin security, AI, bots, Muse, Grok Bot, the Bitcoin Alpha conference, and the future of Bitcoin.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily live conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. This episode is the full replay of today’s Space.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations, upcoming Spaces, and updates from the show.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast so you never miss a new episode and stay connected to the daily Bitcoin conversation.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl

How much Bitcoin is really there? What’s happening behind the scenes at Bitcoin treasury companies—and could paper Bitcoin and fractional reserves be hiding risks investors don’t see?

Today on Bitcoin Today, we go down the rabbit hole with Entropy and the Entropy Lab project, NGU, paper Bitcoin, and the growing conversation around fractional-reserve Bitcoin.

We take a closer look at Bitcoin treasury companies and the questions surrounding transparency: How much Bitcoin do these companies actually hold? What’s happening under the hood? And how much can investors really see?

Then the conversation takes an unexpected turn into TradFi on blockchains, tokenized stocks, and the future of financial markets as traditional finance increasingly explores blockchain-based infrastructure.

And then Lioness jumps into the conversation and the Space goes completely off the rails.

If you follow Bitcoin, treasury companies, self-custody, financial markets, or the evolution of Bitcoin infrastructure, this is a conversation you’ll want to hear.

It’s a market-focused Space covering Bitcoin, Entropy Lab, paper Bitcoin, fractional reserves, Bitcoin treasury companies, transparency, self-custody, tokenized stocks, blockchain-based TradFi, and the future of financial markets.

🎙️ MISSED THE LIVE SPACE?
Bitcoin Today is a daily live conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. This episode is the full replay of today’s Space.

📍 FOLLOW BITCOIN TODAY
Follow @BitcoinToday__ on X for daily Bitcoin conversations, upcoming Spaces, and updates from the show.

🎧 FOLLOW ON SPOTIFY
Follow Bitcoin Today Recast so you never miss a new episode and stay connected to the daily Bitcoin conversation.

⚡ SUPPORT BITCOIN TODAY
Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going.

X Money: @LorenHodl