Trump, Powell, and global tariffs are reshaping the financial system, and crypto is right in the crosshairs. Arthur Hayes and Mike Silagadze explain how these shifts could spark an even bigger DeFi boom.
Arthur explains how Trump's walking back of tariffs and Fed stability commitments signal we've hit the bottom, setting up Bitcoin for a massive rally. Meanwhile, Mike claims ETH has finally bottomed and shares how ether.fi is building toward generating a billion dollars in annual revenue.
We explore treasury buybacks as the new QE, why central banks choose gold over US treasuries, and how crypto products with real cash flow are shifting the space toward fundamentals. We also discuss ether.fi's DeFi bank vision and how their card is delivering crypto functionality with Visa-level usability.
This conversation connects macro trends, token economics, and DeFi's future in ways that reshape our understanding.
Let's get into it.
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