In episode 227, McIntosh and Kenshin examine Executive Order 6102 from 1933, when FDR forced Americans to surrender their gold at $20.67 per ounce before the government revalued it to $35, creating a massive wealth transfer. They debate whether a similar Bitcoin confiscation could occur, discussing how centralized exchanges would be vulnerable while self-custodied Bitcoin presents unique enforcement challenges since it exists as cryptographic keys rather than physical asset and compare the regulatory environments between the US and Europe.

Stick around to the very end for Send It Mike's  track, “Freedom Code Revolution”.

Resources

https://reason.com/2025/09/12/donald-trump-is-not-the-bitcoin-president/

Bitcoin Price at Time of Recording

Sep 24th, 2025: 113,661 USD | 96,856 euro

Block Height at Time of Recording

916,219

Episode Page

https://satoshis-plebs.com/episode-227

Music Credits

Freedom Code Revolution
Send It Mike

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. His mastodon handle is @[email protected] and his Nostr.  Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is [email protected]. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!