Unchained

Bits + Bips: The Real ‘Trump Trade’ & Why Trump's World Liberty Financial Was a Flop - Ep. 723

Listen Later

In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger, and Joe McCann are joined by Jeff Park of Bitwise to discuss some of the latest developments in the crypto world. They share their thoughts on a controversial ECB paper about Bitcoin, breaking down why they believe the authors missed the mark. They also dive into the rising institutional interest in spot Bitcoin ETFs and how Trump’s momentum in the polls could impact the market, especially for altcoins. Plus, the conversation explores the significance of Bitcoin ETF options and why they could have a larger impact than many expect.

Show highlights:
  • Why the guys believe that the ECB paper on Bitcoin is a joke
  • How the Minneapolis Fed report said that prohibiting Bitcoin would allow the government to operate at permanent deficits 
  • The institutional demand for spot bitcoin ETFs
  • How Trump has been rising in the polls and what the Trump trade looks like at the moment
  • Whether polls and Poylmarket bets on the U.S. elections are manipulated
  • How the Fed is putting more focus on jobs than inflation
  • When the bitcoin ETF options might launch and which issuers will get it first
  • How memecoins succeed and the rise of AI memecoins like GOAT, fueled by the AI bot truth_terminal
  • What the $1.1 billion acquisition by Stripe of stablecoin company Bridge means 
  • Why Donald Trump’s World Liberty Financial token sale was a flop

    • Sponsors:

    • Gemini
    • Stellar 
      Hosts:
      • James Seyffart, Research Analyst at Bloomberg Intelligence
      • Alex Kruger, Founder of Asgard
      • Joe McCann, Founder, CEO, and CIO of Asymmetric
        Guest:
        Jeff Park, Head of Alpha Strategies at BitwiseLinks
        • ECB paper on bitcoin: Bitcoin Appreciation Could Be ‘Fuelling The Division Of Society’
        • Omid Malekan’s rebuttal to the paper by Bindseil & Schaaf (of the ECB)
        • Minneapolis Fed report: Unique Implementation of Permanent Primary Deficits? | Federal Reserve Bank of Minneapolis
        • Alex Kruger’s tweet on memecoins 
        • Alex Thorn’s tweet on bitcoin adjusted by inflation


          • Timestamps:

          • 00:00 Intro
          • 03:08 Why the ECB’s Bitcoin paper missed the mark
          • 10:17 Political motivations behind the Minneapolis Fed report on Bitcoin
          • 14:18 Rising institutional demand for spot Bitcoin ETFs
          • 21:38 How Trump’s poll momentum could impact crypto
          • 32:14 Are election polls and Polymarket bets manipulated?
          • 43:36 Why the Fed is prioritizing jobs over inflation
          • 52:37 When will Bitcoin ETF options launch?
          • 1:01:08 What makes memecoins, including AI memecoins like GOAT, succeed?
          • 1:13:00 The significance of Stripe’s $1.1 billion crypto deal
          • 1:18:02 Why the WLFI token sale was a “flop”

            • Learn more about your ad choices. Visit megaphone.fm/adchoices

            ...more
            View all episodesView all episodes
            Download on the App Store
            UnchainedBy Laura Shin
            • 4.6
            • 4.6
            • 4.6
            • 4.6
            • 4.6

            4.6

            1,184 ratings

            More shows like Unchained

            View all
            Real Vision: Finance & Investing by Real Vision Podcast Network

            Real Vision: Finance & Investing

            913 Listeners

            CoinDesk Podcast Network by CoinDesk

            CoinDesk Podcast Network

            647 Listeners

            The Breakdown by Blockworks

            The Breakdown

            741 Listeners

            The Pomp Podcast by Anthony Pompliano

            The Pomp Podcast

            1,845 Listeners

            On The Brink with Castle Island by Castle Island Ventures

            On The Brink with Castle Island

            289 Listeners

            What Bitcoin Did by Danny Knowles

            What Bitcoin Did

            268 Listeners

            Markets Outlook by CoinDesk

            Markets Outlook

            136 Listeners

            The Wolf Of All Streets by Scott Melker

            The Wolf Of All Streets

            243 Listeners

            Empire by Blockworks

            Empire

            168 Listeners

            Supply Shock by Blockworks

            Supply Shock

            109 Listeners

            Coin Stories by Natalie Brunell

            Coin Stories

            437 Listeners

            Raoul Pal: The Journey Man by Real Vision Podcast Network

            Raoul Pal: The Journey Man

            136 Listeners

            Forward Guidance by Blockworks

            Forward Guidance

            275 Listeners

            The Milk Road Show by The Milk Road Show

            The Milk Road Show

            50 Listeners

            Limitless Podcast by Limitless by Bankless

            Limitless Podcast

            66 Listeners