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BTC Sessions

Ben Perrin

Get your dose of Bitcoin with weekly news roundups and "Why Are We Bullish" panel shows featuring Bitcoiners from around the world!

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  • 45 episodes
  • a few times a week
  • Avg 1 hr 15 min
  • English

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  • S1 · E111
    Today · 1 hr 11 min

    Economic Hitman Exposes The Playbook Being Run On The World Right Now | Dixon & Perkins

    Mentor Sessions EP 111: John Perkins & Simon Dixon on the Nvidia Regime Change, the Economic Hitman Playbook, El Salvador & Who Really Runs the World Hours before Nvidia's board met to decide Jensen Huang's fate, Simon Dixon called Nvidia "the easiest company to regime change." He holds 2 to 3% of the shares and no super voting rights, and Simon is deeply suspicious that the spy story we're being told is the real story. Sitting next to him is John Perkins, author of Confessions of an Economic Hitman, who was trained in exactly the kind of leverage now making headlines. Perkins explains how his job was to bury resource-rich countries in debt until they voted the way Washington wanted, and why China's economic hitmen are now beating America at its own game. Simon picks up where John left off: loading companies with debt, installing boards, and the super-majority voting structures that decide which CEOs can be removed. For the first time publicly, he tells the story of economic hitmen joining his table in El Salvador, playing back a recording of his private meeting, and the IMF refinancing the volcano bond out of existence. From the Strait of Hormuz to the petrodollar, from Epstein to AI, this is a map of who the politicians actually work for, and why both men believe the real battle now is digital sovereignty: your own keys, your own data, your own money. ⏱️ Timestamps: 0:00 - Intro 1:18 - Economic Hitman Playbook Deployed Worldwide Today 2:50 - China's Belt And Road Versus US Debt Strategy 5:18 - Investment Banking Role In Debt And Corporate Control 7:35 - Operation Ajax 2.0 Targeting The Petrodollar 9:15 - Decade Working In Iran And Strait Of Hormuz 11:31 - Finance Now Directs The Military Industrial Complex 16:19 - Venezuela Regime Change And Oil Company Interests 18:08 - Greenland Grab And Epstein Intelligence Connections 20:15 - Nvidia Spy Scandal And How Hitmen Are Trained 25:45 - Who Profits From Ukraine Syria And Hormuz Conflicts 31:37 - Nvidia Is The Easiest Company To Regime Change 33:24 - Oligarch Revolving Door And Rising Public Rebellion 47:24 - Economic Hitmen Inside The Bitcoin Space 48:37 - Building A Bitcoin Volcano Bond In Iceland 50:08 - El Salvador Volcano Bond And IMF Intimidation 55:04 - AI Stablecoins And The Emerging Control Grid 1:01:15 - Digital Revolutionaries Taking Sovereign Control 1:05:47 - Spiritual Battle And Building Local Community 1:08:13 - Follow John Perkins And Simon Dixon Online 🔗 Links & Resources: → John Perkins: https://www.johnperkins.org → John Perkins on X: https://x.com/jperkinsauthor → The Art of the Steal: https://www.johnperkins.org/art-of-the-steal → Simon Dixon: https://simondixon.com → Follow Simon Dixon on X: https://x.com/SimonDixonTwit → Simon Dixon on YouTube: https://youtube.com/@SimonDixon21 Previous Episodes: ⚡Brent Johnson & Keith Dicker: https://youtu.be/QCgW8RlTu5Q ⚡Lawrence Lepard & Mark Valek: https://youtu.be/jTuJ8PXhRV4 ⚡Jameson Lopp: https://youtu.be/Irt0jKj7ISw 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Bitcoin mining for investors seeking Bitcoin ownership and potential tax benefits - https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Nvidia #EconomicHitman #Geopolitics #JensenHuang #JohnPerkins #SimonDixon #RegimeChange #DeepState #Petrodollar #StraitOfHormuz #IMF #FinancialIndustrialComplex #Bitcoin #BTC #ElSalvadorBitcoin #BitcoinBond #SelfCustody #DigitalSovereignty #MentorSessions #BTCSessions

  • S1 · E110
    Tuesday · 1 hr

    "The Safest Way To Use A Computer Is To Never Turn It On" | Jameson Lopp

    Mentor Sessions EP 110: Jameson Lopp on AI Cyberattacks, Security Debt, Multisig Self-Custody & Wrench Attacks Jameson Lopp, co-founder and Chief Security Officer of Casa, says the safest way to use a computer is to never turn it on. With Binance losing $6.3 billion and AI tools finding holes faster than anyone can patch them, decades of security debt are coming due, and Bitcoin was only the first target. In this Mentor Sessions interview, Nathan and Jameson break down why builders need to attack their own systems with AI before somebody else does, how AI-driven worms and swarms could become very difficult to wipe off the internet, and the minimum self-custody setup Jameson suggests for anyone you care about. You'll hear why a single-signature wallet is still a single point of failure, how the Ledger supply-chain attacks and fake Trezors make the case for spreading trust across vendors, why agentic coding tools can show "malicious compliance," and why Jameson warns everyday users against pointing AI agents at their own computer. Plus: a scammer told Jameson he gets paid $850 for every Google account he cracks, and the wrench-attack repository has now passed 800 known cases. ⏱️ Timestamps: 0:00 The Safest Computer Is One You Never Turn On 0:37 Bitcoin Was Ransacked. Is Everything Else Next? 1:27 Security Debt Is Coming Due 2:55 Will We Ever Reach a Secure Steady State? 6:25 Should Software Development Slow Down? 9:46 Can New Hardware Fix Security? 12:31 Could Compilers Be Compromised? 14:14 How Lopp's Self-Custody Views Have Changed 17:55 Usability vs Security at Casa 21:52 The Minimum Setup for Someone You Care About 26:10 Miniscript, Covenants and Reactive Security 30:38 Ledger Supply-Chain Attacks and Fake Trezors 33:24 Why Multi-Vendor Multisig Wins 36:08 Inside Casa: Hacking Yourself With AI Agents 41:26 The Testing Framework That Catches AI Slop 43:29 Should You Point AI at Your Own Computer? 48:31 AI Worms and Swarms We Can't Stop 51:12 Wrench Attacks Pass 800 Known Cases 53:49 Where Wrench Attacks Come From 55:02 Actionable Steps: Update Everything, Trust Nothing 57:34 The Google Scammer Who Gets $850 Per Account 59:33 Where to Follow Jameson Links: Jameson Lopp on X: https://x.com/lopp Casa: https://casa.io Physical Bitcoin attacks (wrench attack) repository: https://github.com/jlopp/physical-bitcoin-attacks Drop your setup in the comments: what's the one security change you're making after this episode? ⚡Previous Episode: Lepard & Valek: https://youtu.be/jTuJ8PXhRV4 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Bitcoin mining for investors seeking Bitcoin ownership and potential tax benefits - https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #JamesonLopp #BitcoinSecurity #AISecurity #Bitcoin #BTC #BTCSessions #MentorSessions #SelfCustody #Multisig #Casa #Cybersecurity #WrenchAttack #HardwareWallet #SocialEngineering

  • S1 · E109
    November 5 · 1 hr 19 min

    "The Markets Are In Denial" But Not For Long | Lepard & Valek

    Mentor Sessions EP 109: Lawrence Lepard & Mark Valek on the Sovereign Debt Crisis, the Fed Trap, Gold, Silver & Bitcoin America's debt just blew past $40 trillion, interest now costs more than the entire military budget, and yet gold and Bitcoin are both down on the year. Larry Lepard of Equity Management Associates and Mark Valek of Incrementum explain why the debasement trade stalled and what sets it off again. In this conversation you'll learn why Valek sees a melting system against Lawrence Lepard's Big Print, why higher short-term rates trap the Fed under fiscal dominance, and which stress signals are flashing right now: European sovereign spreads, commercial real estate delinquencies, AI debt, and private equity funds gating withdrawals. You'll hear why central banks have been net gold buyers every year since 2010 and stepped up their buying after 2022, why Larry thinks Bitcoin already bottomed near $58K, Valek's case for ETF concentration risk, and the market levels both are watching going into 2027. ⏱️ Timestamps: 0:00 - Intro 1:08 - Melting System Vs The Big Print 4:07 - The Fed Has No Lever To Fix Inflation 8:52 - Fiat Currency Is A Religion 12:23 - Sovereign Debt Crisis And Extreme Volatility 14:23 - Europe's Credit Spreads Flash A Warning 16:39 - Cracks In AI Debt, Private Credit And Gated Funds 20:16 - They Will Always Choose To Print 23:27 - Hank Paulson's Break The Glass Warning 27:50 - The Fed And Treasury Are Trapped 30:50 - Is A New Bretton Woods Coming? 34:04 - The Money Printer Joke 37:28 - Greenspan: The Power Is Intoxicating 40:27 - Who's Selling Gold To Central Banks? 44:49 - The Third Inning Of The Sovereign Debt Bubble 47:10 - Is Europe The Next Catalyst? 54:42 - Where Bitcoin Stands After The Hacks 57:11 - Does Gold Move Before Bitcoin? 59:03 - Mark's Unpopular Take: Bitcoin ETF Concentration Risk 1:04:45 - Silver Back Below $50 Is A Gift 1:07:03 - Copper, Silver And The Commodity Squeeze 1:10:31 - When Does The Big Print Happen? 1:12:28 - Gold Can't Default 1:14:45 - What To Watch Going Into 2027 Guests: Lawrence "Larry" Lepard (Equity Management Associates, author of The Big Print) and Mark Valek (Incrementum, co-author of the In Gold We Trust report). 🔗 Links & Resources: → Larry Lepard / EMA free quarterly letter: https://www.ema2.com → Follow Lawrence Lepard on X: https://x.com/LawrenceLepard → Mark Valek / Incrementum: https://www.incrementum.li → In Gold We Trust report: https://ingoldwetrust.report → Follow Mark on X: https://x.com/MarkValek This is a Mentor Sessions deep-dive for the regulars. Drop your read in the comments: does the Fed print before this bubble deflates, or does the market crack first? Tell us where you're positioned. ⚡Previous Episode: Brent Johnson & Keith Dicker: https://youtu.be/QCgW8RlTu5Q 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #SovereignDebt #LawrenceLepard #MarkValek #Gold #Bitcoin #Silver #LarryLepard #DebtCrisis #FederalReserve #AIBubble #PrivateCredit #InGoldWeTrust #TheBigPrint #MentorSessions #BTCSessions

  • S1 · E108
    November 3 · 1 hr 4 min

    No One Alive Has Seen What's About to Happen to the Bond Market | Johnson & Dicker

    Mentor Sessions EP 108: Brent Johnson & Keith Dicker on the Bond Market, the Dollar, Gold & the Next Money Rotation The rest of the world owes an estimated $110 trillion in US-dollar debt they can't print, and a rising dollar is what could force the defaults. Brent Johnson of Santiago Capital and Keith Dicker of IceCap Asset Management lay out why a strong dollar and higher Treasury yields can coexist, what actually causes de-dollarization, and how to position before the next liquidity shock. In this conversation you'll learn why Johnson reads October's sharp Treasury rally as a snapback after record-short positioning, why Dicker warns the bond market peak is behind us and bonds may be a brutal long-term hold, and why a falling dollar index is actually re-dollarization, not the collapse everyone expects. You'll see why both managers treat gold as portfolio insurance that gets sold first in a crisis, why energy could become the next crowded trade if the Middle East stays hot, and how a closer Fed-Treasury 'shotgun wedding' could reshape dollar policy as great-power competition heats up. You'll walk away with a concrete way to stress-test your exposure to bonds, equities, gold bullion, and cash against a range of outcomes. ⏱️ Timestamps: 0:00 - Intro 1:05 - October Treasury Rally And Dollar Strength 2:33 - Is The Bond Peak A Bear Trap? 4:36 - Why Higher US Rates Are Not Catastrophic 6:35 - Defining Inflation As Rising Prices 7:13 - Rising Yields And Dollar Strength Explained 9:08 - Global Government Debt Financing Crisis 11:07 - Will Sovereign Bond Markets Force Central Bank Intervention? 13:18 - Why Global Chaos Favors The United States 15:03 - The 110 Trillion Dollar Global Debt Problem 17:01 - What Could Actually Break The Dollar System 17:46 - Dollar Index As De-Dollarization Gauge 24:23 - Gold Bitcoin And Oil Underperforming Amid Chaos 27:05 - Iran Nuclear Risk And Market Signals 33:57 - Gold As Portfolio Insurance And Core Holding 37:29 - Energy As The Next Market Euphoria Trade 39:13 - Expecting A Tech And AI Correction 42:25 - Prepare For A Crash Instead Of Waiting 47:29 - Canada US Economic Ties And Energy Exports 52:45 - The Fed Treasury Shotgun Wedding Thesis 58:06 - Will America First Survive The Next Administration? 1:02:23 - Year End Outlook Be Prepared For Everything 🔗 Links & Resources: → Brent Johnson / Santiago Capital: https://santiagocapital.com → Follow Brent on X: https://x.com/SantiagoAuFund → Brent Johnson on YouTube: https://www.youtube.com/@MilkshakesPod → TransAtlantic TakeAway (Brent Johnson & John Butler): https://www.transatlantictakeaway.com → Keith Dicker / IceCap Asset Management: https://icecapassetmanagement.com → Follow IceCap on X: https://x.com/IceCapGlobal → The Loonie Hour (Keith Dicker): https://www.looniehour.ca ⚡Previous Episode: Brandon Quittem & Walker America: https://youtu.be/Lci53xJgAFw 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #BondMarket #BrentJohnson #KeithDicker #MentorSessions #BTCSessions #Bitcoin #SovereignDebt #TreasuryYields #USDollar #DollarMilkshake #DeDollarization #GlobalDebt #FederalReserve #InterestRates #StockMarketCrash #MarketCorrection #EnergyStocks #SectorRotation #GoldInvesting #SantiagoCapital #IceCapAssetManagement #MarketVolatility

  • S1 · E107
    October 29 · 1 hr 30 min

    It's Not Just A Fourth Turning, Every Cycle In History Is About To Collide | Quittem & Walker

    Mentor Sessions EP 107: Brandon Quittem & Walker America on the Convergence of Historic Cycles History has only lined up like this twice in 300 years: 1776 and 1914. Walker America tracked 12 major historical cycles and found that in both eras nearly all of them turned at once. Today, 7 of 12 have turned, and the count is climbing. Brandon Quittem and Walker break down where we really sit in the Fourth Turning, why every Fourth Turning in American history has ended in war, how the long term debt cycle points to a soft default on the dollar, and what the rise and fall of empires tells us about the years ahead. They also dig into generational amnesia, the strongman phase, the Gray Champion, and whether Bitcoin and AI make this time genuinely different. Brandon makes the case for Bitcoin as a pressure release valve on a system under strain. They close with practical steps to prepare: managing debt, protecting savings, building community, and staying high agency through turbulent years. ⏱️ Timestamps: 0:00 - Intro 1:04 - Where Are We In The Fourth Turning? 1:38 - The Fourth Turning Explained 5:21 - Every Fourth Turning Has Ended In War 6:06 - The Economic And Tech Cold War 7:47 - Walker's Super Cycle Theory 11:17 - History Has Only Lined Up Like This Twice 12:11 - Ordinary Families Pay First 15:25 - Bitcoin And AI: Is This Time Different? 19:57 - The Long Term Debt Cycle And Soft Default 21:48 - Why This Time Is Not Different 25:04 - How Generations Repeat The Cycle 40:56 - Polybius And The Cycle Of Governments 46:07 - Generational Amnesia 50:06 - The Strongman Phase: El Salvador 51:33 - The Gray Champion And Republic Renewal 56:57 - What Could Disrupt The Cycles 57:40 - Bitcoin As A Pressure Release Valve 1:08:02 - Which Cycles Have Turned And What's Next 1:19:12 - How To Prepare: Wealth, Debt, Income 1:21:50 - Build Your Community 1:27:33 - The Astrological Cycles 🔗 Guests: Brandon Quittem on X: https://x.com/Bquittem Brandon's essays: https://brandonquittem.com Walker America on X: https://x.com/WalkerAmerica ⚡Previous Episode: Broken Country Filmmakers Mira Metter & Mike Werry: https://youtu.be/JzY9L3vQdt4 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #FourthTurning #Bitcoin #SuperCycleTheory #NeilHowe #StraussHowe #BTCSessions #MentorSessions #HistoryRepeats #Cycles #Macro #DebtCycle #Dollar #AI #Anacyclosis #Polybius #Prepare #BrandonQuittem #WalkerAmerica

  • S1 · E106
    October 27 · 1 hr 30 min

    "Not One Thing Has Gotten Better" | Canada Is Rotting In Real Time

    Mentor Sessions EP 106: Broken Country Filmmakers Mira Metter & Mike Werry on Canada's Collapse, Healthcare, Housing, Taxes and Government Control Canada used to be the envy of the world. Now people are asking whether they can survive here, let alone raise a family. Mira Metter and Mike Werry, the director and producer of the documentary Broken Country, spent months traveling the country to find out what broke and when. Their verdict a year later: not one thing they covered in the film has gotten better. They break down why Canadian hospitals run at 100 to 120% occupancy when 80% is considered safe, why roughly 20% of Canadians have no family doctor, and how a country of 40 million ended up with fewer MRI machines than Pennsylvania. On housing, prices have climbed about 375% in 20 years, going from roughly 2.5 times annual income in the '90s to 9 times nationally and 19 times in Toronto and Vancouver. We also get into rising taxes, immigration policy, censorship bills and cameras turned off in Parliament, the federal government's own 2040 social mobility scenario, Alberta and Quebec separatism, and why this is a warning for Americans watching the same policies at home. Chapters: 0:00 - Intro 0:52 - Canada From Envy Of The World To Survival 3:33 - What's Wrong With Canadian Healthcare 4:00 - Hospitals Running At 100-120% Capacity 5:29 - 20% Of Canadians Have No Family Doctor 6:42 - Fewer MRI Machines Than Pennsylvania 7:20 - Hospitals Funded On Last Year's Patients 10:03 - Healthcare Worked Until The Early 90s Cuts 12:37 - Canada's Hidden Two-Tier Healthcare 15:43 - Rural ER Closures Costing Lives 20:31 - Can Canadian Healthcare Be Saved 24:08 - ER Doctors Abused And Burned Out 26:12 - Addiction, Homelessness And Housing 27:03 - Housing From 2.5x To 19x Income 27:55 - Housing Up 375% In 20 Years 29:03 - How Housing Got Dumped On Cities 31:01 - Rent Eating Half Your Paycheck 33:49 - The Five-Year Mortgage Renewal Shock 35:12 - The Money Printing Behind It All 43:20 - Can Housing Ever Correct Without Breaking The Banks 48:01 - How Canada's Government Failed 49:36 - Safe Supply And The Opioid Crisis 52:30 - Censorship Bills And Cameras Off In Parliament 55:43 - Government-Subsidized Media 58:31 - Bill C-22 And Digital Privacy 1:01:38 - The 2015 Immigration Shift 1:06:54 - Youth Unemployment And Temporary Foreign Workers 1:09:55 - Entrepreneurs Leaving For The US 1:11:31 - Wasted Resources: Ring Of Fire, LNG, Hydro 1:17:10 - Walking Away From The US Trade Deal 1:19:46 - Does It Get Worse Before It Gets Better 1:20:52 - The Government's Own 2040 Warning 1:22:39 - Alberta And Quebec Separatism 1:25:52 - A Wake-Up Call For Americans 1:26:50 - Not One Thing Has Gotten Better 1:28:45 - Where To Watch Broken Country ⚡ Watch Broken Country: https://brokencountry.com ⚡Previous Episode: Max Hillebrand & Ben Perrin: https://youtu.be/GYyHcPEaS3Y 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #BrokenCountry #Canada #CanadaCollapse #CanadaHousingCrisis #CanadianEconomy #CanadaHealthcare #CostOfLiving #ImmigrationPolicy #GovernmentOverreach #FailedState #AlbertaSeparation #MiraMetter #MikeWerry #MentorSessions #BTCSessions

  • S1 · E105
    October 20 · 1 hr 33 min

    Every Way To Outsmart Hackers, Big Tech And The Government | Max Hillebrand & Ben Perrin

    Mentor Sessions EP 105 | Max Hillebrand & Ben Perrin on GrapheneOS, White Noise, Local AI, KYC-Free Bitcoin and Privacy Guerrilla Warfare If you click next, next, next on mainstream tech, your privacy is fucked. But Max Hillebrand (White Noise, Marmot protocol, author of The Praxeology of Privacy) and Ben Perrin (BTC Sessions, Sovereign Sessions) argue the tools to route around surveillance have never been better. With an old laptop, an AI agent, Nostr and Zapstore, you can now build and ship a freedom tech app without knowing how to code. From there, they walk through a practical privacy stack: Pixel phones running GrapheneOS (8, 9 or 10, not the 11), Linux laptops, password managers, paying privately with gift cards and prepaid cards, Wasabi Wallet and peer-to-peer Bitcoin, Zapstore, Tor VPN, Amber and White Noise for encrypted messaging, local AI and trusted execution environments, self-hosting on an old laptop, quantum risk to encryption, and why privacy matters for honest price discovery. Timestamps: 0:00 Cold Open 0:41 Privacy Guerrilla Warfare: Can We Route Around the Grid? 2:37 Build an Anonymous App Without Coding 6:19 Why Your Data Is So Valuable 7:38 Google Maps and Your Location Data 9:40 GrapheneOS, Organic Maps and Linux 10:53 Is the Privacy UX Gap Closing? 15:23 Moving the Cultural Needle on Privacy 20:12 Starting a Private Device Setup 24:46 OS-Level ID Verification 25:41 Best Pixels for GrapheneOS: 8, 9, 10, Not the 11 27:05 Linux Laptops and Operating Systems 28:54 Face Scan vs PIN 30:27 Passwords and Password Managers 32:19 Paying Privately With Gift Cards and Prepaid Cards 35:07 Spending Bitcoin Through Friends 37:13 Wasabi Wallet and On-Chain Privacy 38:21 Getting Bitcoin Without KYC 41:38 Zapstore, Tor VPN, Amber and White Noise 48:00 How the Marmot Protocol Works 55:52 How Disappearing Messages Work 57:57 Private AI and Running Local Models 1:01:29 Talking to Your AI Agents Through White Noise 1:07:37 Private Cloud AI With Maple and PPQ 1:08:43 Trusted Execution Environments: Cypherpunk Magic 1:14:35 Self-Host Your Data on an Old Laptop 1:17:14 Is Quantum a Threat to Encryption and Bitcoin? 1:25:09 The Economic Case for Privacy 1:29:00 Ben's Blond Streak Disguise 1:29:55 Where to Find Max, Ben and White Noise Tools mentioned: GrapheneOS, Organic Maps, Debian, Qubes OS, Pop!_OS, Omarchy, Framework, Apple Lockdown Mode, KeePass, Silent.Link, Bitrefill, Coincards, Garmin Pay, Wasabi Wallet, Lightning, Hodl Hodl, Bisq, RoboSats, Zapstore, Tor VPN, Obscura VPN, Amber, White Noise, Marmot protocol, MLS, Nostr, Nostr VPN, FIPS, Routstr, Cashu, Fedimint, Bionic, Maple, PPQ.ai Max Hillebrand (Nostr only): https://towardsliberty.com White Noise: https://whitenoise.chat Sovereign Sessions (tutorials): https://youtube.com/@SovereignSessions ⚡Previous Episode: Jim Rickards & Simon Dixon: https://youtu.be/djc-F6TPfos 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #BitcoinPrivacy #GrapheneOS #Nostr #MaxHillebrand #BenPerrin #WhiteNoise #WasabiWallet #LocalAI #SelfHosting #FreedomTech #Cypherpunk #Bitcoin #BTCSessions #Privacy #Zapstore

  • S1 · E104
    October 15 · 1 hr 33 min

    CIA & Wall St. Insider Confirms the Plan to Freeze Your Money | Dixon & Rickards

    Mentor Sessions EP 104 | Jim Rickards & Simon Dixon on the petrodollar, who runs the world, the AI bubble, dollar collapse, gold vs Bitcoin, stablecoin bank runs and frozen bank accounts. Two wars, a quiet Russian diesel deal, and a $2 trillion AI build-out that one of these guests calls the greatest bubble in history. James Rickards and Simon Dixon sit down to map who is actually calling the shots in the Iran and Ukraine conflicts, and what it means for the dollar, gold, and your Bitcoin. Rickards war gamed finance as a weapon for the Pentagon, advised the CIA on financial threats, and was general counsel at Long Term Capital Management when the Fed stepped in. In this conversation you'll learn why he argues the debasement trade is nonsense and the dollar is getting stronger, why China's yuan can't become a reserve currency, and why he believes an unregulated stablecoin bank run could trigger a panic in the Treasury market. Simon Dixon pushes back with the view that war is the product, that the petrodollar is being quietly renegotiated as China becomes Saudi Arabia's main oil buyer, and that both gold and Bitcoin matter in the programmable control grid he sees coming. You'll also hear a sharp breakdown of the AI bubble, why superintelligence won't be achieved, and the latest supply-chain attacks on hardware wallets. ⏱️ Timestamps: 0:00 - Intro 0:33 - Who Is Calling The Shots In These Wars 2:33 - Who Really Controls Ukraine's Leadership 3:38 - Why Iran Has No Exit Strategy 6:46 - US-Russia Deal That Could End Two Wars 9:25 - Why Only China Russia And US Matter 12:16 - Simon Dixon: War Serves The Power Structure 15:13 - Midterms Weapons Shortages And Trump Agenda 18:46 - Seventy Years Of Petrodollar Monetary History 23:47 - Bigger Picture Above Trump And World Orders 26:19 - Why The Debasement Trade Is Nonsense 29:05 - China's Gold Reserves And Yuan Limitations 32:08 - Using Inflation To Solve The Debt Problem 33:09 - Petrodollar Shift From Saudi Arabia To China 49:26 - Two Trillion Dollar AI Infrastructure Bubble 55:42 - Why Superintelligence Cannot Be Achieved 56:11 - Ice-Nine Freezing Accounts And Redemptions 1:00:06 - Rickards Bitcoin Casino Chip Metaphor Explained 1:01:08 - Stablecoin Bank Run Risks On The Horizon 1:03:55 - Simon Dixon Stablecoins Versus Bank Deposits 1:26:48 - Hardware Wallet Attacks Targeting Self Custody 1:31:49 - Simon Dixon New Book Game Of Money 🔗 Links & Resources: James Rickards newsletter - https://rickardswarning.com Simon Dixon on X - https://x.com/SimonDixonTwit This one is for the people trying to make sense of the whole board at once, not just the headlines. If that's you, join us live for the next Mentor Session and drop your take on war-is-the-product vs the-dollar-is-fine in the comments. We read them. ⚡Previous Episode: Michael Howell: https://youtu.be/Tzyifqs-Bg0 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #JamesRickards #SimonDixon #Petrodollar #DollarCollapse #AIBubble #Stablecoins #CBDC #Gold #GoldVsBitcoin #DeDollarization #IranWar #Geopolitics #SelfCustody #BTCSessions

  • S1 · E103
    October 13 · 1 hr 5 min

    If You Don't Get Global Liquidity, You Don't Get The Everything Bubble | Michael Howell

    Mentor Sessions EP 103: Michael Howell on Global Liquidity, the Everything Bubble & When Bitcoin Rallies Global liquidity is still rising in absolute terms, but the momentum is cracking fast, and that shift is already bending bond markets, credit spreads, and Bitcoin. Michael Howell breaks down exactly what's moving underneath the surface. In this episode you'll see why Howell calls Bitcoin a "liquidity sponge," how the debt maturity wall forces old debt back into the system, and why roughly 80% of all financial market transactions are really just debt refinancing. You'll learn how to read the four indicators Howell watches before every crisis, why the euro system has no safe asset, how Japan quietly devalued its debt through a weaker yen, and why China is "basically Japan ten years later" buying gold for 23 straight months. You'll also hear his specific call: Bitcoin may struggle for three months, then do quite well into 2027 as Treasury QE monetizes government spending. ⏱️ Timestamps: 0:00 - Intro 1:06 - Is Global Liquidity Expanding Or Contracting? 2:33 - Momentum Indicator Signals Liquidity Rollover 3:25 - Why This Is a 5-6 Year Debt Refinancing Cycle 4:28 - The Debt Maturity Wall Explained 5:59 - Debt-To-Liquidity Ratio And Crisis Thresholds 7:20 - Where Liquidity Shifted: CapEx And AI Data Centers 8:54 - Treasury QE: The New Hidden Liquidity Conduit 12:54 - Fed September Hike And Liquidity Management 13:17 - Why 80% Of Lending Is Collateral Backed 14:12 - MOVE Index And Rising Bond Volatility Risk 15:42 - Bessent Buybacks Targeting Off-The-Run Treasuries 16:26 - Fed Managing Repo Spreads And Bank Reserves 17:30 - What The Repo Market Actually Is 20:05 - SOFR Spreads And The Danger Line 24:20 - What Really Drives The MOVE Index Higher 25:49 - Are We Heading Into A Financial Crisis? 26:53 - Two-Year Yields vs SOFR: Rates Rising 29:24 - Where Interest Rates Could Peak 33:25 - Bitcoin As A Liquidity Sponge: The Framework 34:17 - Howell's Medium-Term Bitcoin Bull Case 35:43 - Yield Curve Signals And Bitcoin Bull Market Timing 40:38 - The Eurodollar Market And Gilts 42:36 - France, Germany And The Oat-Bund Spread 43:29 - No Safe Asset In The Euro System 45:26 - Why The Eurozone May Not Hold Together 47:18 - Japan, The Yen Carry Trade And Weaker Yen 49:30 - How Japan Devalued Its Debt Successfully 51:39 - China Is Japan Ten Years Later 53:07 - China Printing Money And Buying Gold To Devalue 56:16 - Could The US Engineer A Domestic Devaluation? 58:25 - How Bitcoin Reacts To Chinese And Treasury Liquidity 1:02:04 - Final Thoughts On AI, Private Credit And Risk Michael Howell runs Global Liquidity Indexes and publishes the Capital Wars Substack, where he tracks global liquidity data and the indicators referenced throughout this conversation. 🔗 Links & Resources: → Michael Howell on X: https://x.com/crossbordercap → Michael Howell on Substack: https://capitalwars.substack.com/ → GL Indexes: https://www.glindexes.com/ ⚡Previous Episode:Rational Root: https://youtu.be/ZkpoEFOQ_cM 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #GlobalLiquidity #EverythingBubble #MichaelHowell #BTCSessions #MentorSessions #FinancialCrisis #BitcoinMacro #TreasuryQE #DebtCycle #CapitalWars #BondMarket #YieldCurve #LiquiditySponge #Liquidity

  • S1 · E102
    October 8 · 1 hr 1 min

    12 Bitcoin Charts, One Painfully Obvious Conclusion | Rational Root

    Mentor Sessions Ep 102: Rational Root breaks down Bitcoin on-chain data, the 2026 cycle bottom, ETF cost basis, the four year cycle and his macro outlook. The Bitcoin bottom looks like it's already in, and the on-chain data says this was the least retail driven cycle in history. Rational Root joins the show with a stack of charts to explain exactly why price held at $60K through the Cold Card hack, the chain split, and the biggest ETF outflows ever recorded. You'll see how the short-term holder cost basis breakout flipped the market bullish, why the ETF cost basis rejected price twice before the breakout, and how the four year spiral chart is behaving at this bottom compared to every prior cycle. You'll learn why Rational Root bought STRC at a 25% discount during the panic, what the digital credit stress test revealed, and why he thinks an all-time high could land before June 2027. You'll also get his candid macro read on AI, ISM manufacturing, interest rates, and the midterm cycle, plus why diminishing returns are likely moving forward even as the cycle keeps chugging along. This is a practical, data-first conversation for holders trying to decide whether to keep stacking or wait for a lower low that may never come. ⏱️ Timestamps: 0:00 - Intro 0:36 - Meet Rational Root and What's Top Of Mind 1:27 - Price Action And The Short-Term Holder Cost Basis Breakout 3:21 - Why This Bottom Looks Like Every Prior Cycle 5:05 - Why We Never Got The Blow-Off Top This Cycle 8:19 - The Momentum Indicator And Mild Capitulation Explained 9:04 - How Institutional Buyers Dampened The Drawdown 11:24 - The Four Year Spiral Chart And Diminishing Returns 13:04 - Will The Spiral Chart Eventually Break? 18:05 - The ETF Cost Basis And The Second Leg Up 20:56 - ETF Inflows, Outflows And The Digital Credit Stress Test 22:39 - The On-Chain Value Map And Fair Value 25:57 - Buying STRC At A 25% Discount During The Panic 28:07 - Cold Card Hack, Chain Split And Price That Wouldn't Break 31:22 - How Fast Can The Recovery Come From Here? 33:54 - An All-Time High Before June 2027? 39:11 - Macro: ISM, The Business Cycle And Midterms 45:52 - AI, Fiat And Why Bitcoin Still Matters More 52:42 - What Gave Rational Root Pause This Cycle 55:04 - How He Actually Feels About Bitcoin Right Now 1:00:31 - Where To Find Rational Root's Charts 🔗 Links & Resources: → Follow Rational Root on X: https://x.com/therationalroot → Rational Root Newsletter & Charts: https://www.bitcoinstrategyplatform.com/ 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #BTCSessions #OnChainAnalysis #BitcoinCycle #FourYearCycle #RationalRoot #BitcoinBottom #BitcoinETF #ShortTermHolder #SpiralChart #BitcoinMacro #DiminishingReturns #BitcoinPrice #BitcoinBullMarket #AllTimeHigh #Bitcoin2027 #BitcoinPrediction

  • S2 · E101
    October 6 · 1 hr 17 min

    "The Most Bullish Market Structure In History For Bitcoin" | Carlasare, Ross, HODL

    Mentor Sessions Ep 101: Joe Carlasare, Dr. Jeff Ross, and American HODL break down why Bitcoin at $85K is poised to break $100K, the dead four year cycle, and AI's economic impact in 2026. Nation states now hold more Bitcoin on a percentage basis than individuals do, and Joe Carlasare and Jeff argue that single fact rewrites the entire bull case heading into 2026. With Bitcoin sitting around $85,000, this conversation makes the case that $100K is the starting bell, not the ceiling. You'll learn why Carlasare calls the recent sell-off a self-fulfilling prophecy, why both guests believe the traditional four year cycle is finally dead, and how the walk from $100K to $1 million could happen faster and easier than most holders expect. You'll hear why long-term hodlers above $100K are already gone, why the Cold Card capitulation felt like the real bottom, and how liquidity, manufacturing, and speculation (the "three burners") tell the macro story right now. You'll also get a frank breakdown of AI's economic impact, the fight over compute governance, the IP and legal battles facing OpenAI and Anthropic, and the FinCEN rules on self-hosted wallets that were just rescinded. ⏱️ Timestamps: 0:00 - Intro 0:40 - Calling The Bottom At $58K And Where Bitcoin Sits Now 1:17 - P(Doom) Zero, P(BTC) 100 2:34 - Nation States Own More Bitcoin Than Individuals 3:23 - The Entire Sell-Off Was A Self-Fulfilling Prophecy 4:36 - Why Flipping Green In 2026 Breaks The Four Year Cycle 6:44 - The Cold Card Capitulation And The Double Bottom 8:19 - Covid Distorted Every Economic Cycle 11:03 - Bitcoin Trades On Macro Now, Not The Cycle 13:14 - Junk Bonds At 14% And Broken Correlations 14:25 - Only 2.5% From A Green Year, 20% From $100K 15:30 - Why $100K Unlocks $200K, $300K, $400K 16:17 - The Walk From $100K To $1 Million 24:01 - The Michael Saylor Prophecy And Follow-On Buyers 27:31 - James Check: There's No Narrative, Just Demand 30:08 - Strategy Survived The Stress Test 34:26 - Is The Equity Market Over Its Skis? 38:19 - Creative Destruction And The AI Economy 40:35 - HODL On The AI Red Capture And Robo-God Labs 45:25 - Effective Altruism, The Vatican, And Compute Governance 47:33 - The Coming AI False Flag 52:47 - Can You Make AI Labs Legally Liable? 55:41 - Do Local Models Beat The Frontier? 1:00:41 - Will Wall Street Shred OpenAI And Anthropic? 1:01:02 - China, Manufacturing, And The IP Problem 1:03:13 - Is AI Output Fair Use? Courts Say No 1:06:35 - FinCEN's Self-Custody Rules Rescinded 1:07:19 - The Three Burners: Liquidity, Manufacturing, Speculation 1:13:48 - What FinCEN Actually Changed 1:15:15 - Joe's New Book And Closing Thoughts This episode references the Cold Card incident, Michael Howell's liquidity work, Lyn Alden's fiscal framing, and Joe Carlasare's new book. Hardware wallet and self-custody tools discussed in the sponsor segments include Trezor and Casa multisig. 🔗 Links & Resources: → Follow Joe Carlasare on X: https://x.com/JoeCarlasare → Follow Jeff Ross on X: https://x.com/FormerDrJeff → Follow HODL on X: https://x.com/americanhodl8 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTCSessions #JoeCarlasare #JeffRoss #AmericanHODL #BTC #BitcoinMacro #FourYearCycle #BitcoinPrice #BitcoinBullMarket #AIandBitcoin #BitcoinTo1Million #NationStateBitcoin #SelfCustody #FinCEN

  • S1 · E100
    October 1 · 1 hr 4 min

    Everyone Waiting For A Bitcoin Dip Is About To Get Left Behind | James Check

    Mentor Sessions Episode 100: James Check breaks down Bitcoin market cycles, on-chain data, the bull market transition, and his end-of-year $100K price target for 2026 Bitcoin just flipped from bear to bull and the on-chain data proves it: more than half of all invested wealth is now in profit, up from just 8% at the $58K lows. James Check returns to break down exactly what changed and where the cycle goes next. You'll learn why James called the bottom back in July and what the run from the low $60s to $86K revealed on-chain. You'll see his four-phase market cycle model, how short-term and long-term holder cost basis acts as resistance, and why 90% of ETF buyers were underwater before $8 billion in outflows hit the bottom. You'll also hear his honest end-of-year outlook, his left/mid/right curve scenarios, and why he believes dips will most likely be bought from here. This is a measured, data-first conversation for anyone navigating the transition out of a bear market without getting chopped up. ⏱️ Timestamps: 0:00 - Intro 0:42 - Confirming the Bull Market 1:24 - On-Chain Data Reveals Human Emotion 1:36 - Price Pain Versus Time Pain Capitulation 2:13 - Macro Trends Begin on One-Second Charts 3:13 - Two Legs Up and Short Squeezes 4:27 - Wealth in Profit Jumps From 8% to 55% 5:27 - Bear Market PTSD and Transition 6:25 - Will Old Buyers Sell at Break-Even? 7:22 - Who Bought Bitcoin at $64K? 8:04 - Four Seasons of Holder Behavior 9:39 - Volume Rising Across Exchanges 10:24 - Anything Missed in the Bear Market? 11:42 - ETFs Bought Tops and Sold Bottoms 13:07 - How 20% of Coins Drive 55% Drawdowns 15:11 - What a True Catastrophic Event Looks Like 15:48 - $100K Resistance and Silent IPO 18:09 - Why the Next All-Time High Feels Special 19:46 - Low-Fee ETF Flows Gaining Traction 21:19 - Why Companies Avoid Bitcoin on Balance Sheets 23:01 - Housing Markets Push Rotation Into Bitcoin 24:00 - Bitcoin Is Not Set and Forget 28:18 - Personal Signals Confirming the Bottom 30:40 - Testing Fear Versus Greed Titles 31:04 - Why Brains Are Wired to Lose Money 32:57 - Is the DCA Strategy Still Active? 33:46 - Maxing Purchases at $60K 40:40 - Bull Market Lines of Defense 44:34 - Tracking the Hot Ball of Money 53:47 - AI CapEx Compared to Bitcoin Mining 59:48 - End-of-Year Price Targets Left Mid Right 1:02:47 - Disbelief Rally Remains Alive and Well 🔗 Links & Resources: → James Check's newsletter & Checkonchain charts: https://checkonchain.com → James X.com: https://x.com/_Checkmatey_ 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Casa MultiSig & Inheritance: https://casa.io/sessions 10% Off First Year Promo Code SESSIONS ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #Bitcoin100K #BTCSessions #JamesCheck #Checkonchain #OnChainData #BitcoinMarketCycle #BitcoinBullMarket #BullMarket #BearMarket #BitcoinAnalysis #BitcoinPrice #BitcoinETF #CostBasis #SelfCustody #Glassnode

  • S1 · E99
    September 29 · 2 hr 46 min

    "If Our Entire Economy Depends On Data Centers, We Are F*cked" | Dave Collum

    Mentor Sessions Ep 099: Dave Collum on the AI bubble bursting, the bond market at 6%, boomer asset liquidation, and why gold and Bitcoin win as valuations regress. The AI bubble has the life expectancy of a soufflé, the 30-year Treasury is being drawn to 6% like a magnet, and Dave Collum thinks the whole thing reprices within a year. This is the macro conversation most people are too polite to have. In this episode, chemistry professor and macro commentator Dave Collum breaks down why the decades-long credit cycle is over, why the inverse correlation between gold and interest rates is about to break, and why boomer asset liquidation guarantees a repricing no dip-buyer can stop. You'll learn why he calls Jensen Huang's share buybacks a bell-ringing top, why he puts the AI capex build-out on a one-year clock, and why he thinks a rare double bear market in bonds AND equities is teeing up — the setup where 60/40 offers no protection. You'll also hear his contrarian take that AI will make the world worse without destroying civilization, plus his read on Warsh, the Fed, and why gold and Bitcoiners could be the ones left standing. ⏱️ Timestamps: 0:00 - Intro 0:50 - Gold Silver Recent Price Action 1:27 - End of the Long Credit Cycle 1:49 - Central Bankers Driving Rates to Zero 4:50 - Treasury Rates Pulled Toward Six Percent 6:32 - Seven Percent Mortgages Housing Trap 9:46 - Kevin Warsh Rate Hikes and Collapse 11:55 - Economy Needs Real Assets Not Data Centers 12:48 - Jensen Huang Nvidia Buyback Signal 14:17 - AI Threat to Civilization Examined 17:46 - Sneaky Behaviors Observed in AI 20:48 - Bitcoin Proof of Work Constrains AI 25:59 - Nuclear Risks Middle East Conflict 27:47 - Putin Iran Restraint in Geopolitics 40:52 - Israel Palestine Historical Context 45:11 - Iran Nuclear Strike Questions Raised 50:40 - Yen Carry Trade Stability Analysis 59:06 - Boomers Driving Boom and Bust 59:33 - Median Boomer Retirement Savings Shortfall 1:03:19 - Boomer Wealth Transfer Needs Repricing 1:08:08 - Lindsay Clancy Case Maternal Tracking 2:01:32 - System Collapse Worse Than Historical 2:03:16 - AI Bubble in Fifteenth Inning 2:04:31 - Market Regression Eighty Five Percent Drop 2:36:45 - Nasdaq Rollover Sudden Bid Support 2:39:15 - Gamma Squeeze Pushing Markets Higher 2:42:07 - Potential Correction Impact on Saylor 🔗 Links & Resources → Dave Collum on X: https://x.com/DavidBCollum If you want the macro conversations the rest of the space won't touch, this is the show. Subscribe for weekly Bitcoin and macro interviews, and drop your take on Collum's one-year AI clock in the comments. ⚡Previous Episode: Jack Mallers: https://youtu.be/LpwGHzUTQ7A 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #MacroEconomics #BondMarket #BTCSessions #DaveCollum #AIbubble #EconomicBubble #TreasuryYields #CreditCycle #BoomerWealth #GeopoliticalRisk #GoldAndBitcoin #MarketCrash #6040Portfolio #SystemicCollapse

  • S1 · E98
    September 24 · 1 hr 21 min

    Somebody Has To Eat The 40 Trillion Dollar Loss | Jack Mallers

    Mentor Sessions Ep 098: Jack Mallers explains monetizing chaos, dollar debasement, the ColdCard incident, El Salvador and why Bitcoin is the most American technology. Jack Mallers argues the entire fiat system forces everyone into speculation whether they know it or not — and Bitcoin is how you take the other side of the chaos. In a wide-ranging sit-down, the Strike CEO breaks down monetizing chaos, the $40 trillion debt bill nobody wants to foot, and why he's never been more bullish. You'll hear why Jack calls debt a form of "time travel" that already spent your future, how the dollar's world-reserve status structurally forces deficits, and why a severe debasement against gold and Bitcoin may be the only mathematical exit for the US balance sheet. You'll get his blunt read on the ColdCard incident and why "open source doesn't mean secure" in the age of AI — the most incentivized person to understand that code base was the attacker. You'll also learn why he thinks 2026 was never a real bull run, why prediction markets are just regulatory arbitrage on sports betting, and what El Salvador got right (and wrong) five years in. ⏱️ Timestamps: 0:00 - Intro 0:48 - Why Jack Is Bullish on Bitcoin 1:47 - Monetizing Chaos by Shorting Fiat 2:04 - Debt as Time Travel and Future Bills 4:43 - Why Public Adoption of Bitcoin Lags 5:17 - Strike Growing Despite Bear Market 6:21 - Why 2026 Was Not a Real Bull Run 7:52 - Why Younger Generations Resist Bitcoin 8:44 - Bitcoin as a Massive Wealth Transfer 11:26 - Savings Culture Versus Gambling Culture 13:07 - Gambling Ads, OnlyFans, and Robot Jobs 17:58 - Hunger for Savings Culture Emerging 18:10 - Family, Low Time Preference, and Bitcoin 21:43 - Robinhood, Meme Coins, and Marginal Speculators 24:23 - Prediction Markets as Sports Betting Arbitrage 26:52 - Why Self-Custody Efforts Often Fail 28:27 - El Salvador Bitcoin Adoption Wins and Losses 34:07 - Why Nations Avoid Copying El Salvador 38:06 - Bitcoin as America's Most American Tech 40:17 - Dollar's Structural Deficit Trap Explained 41:12 - China's Gold and Bitcoin Dollar Debasement 45:49 - Why Jack Glad Clarity Act Failed 47:53 - Fix: End World Reserve Currency Status 49:18 - Bitcoin Not Medium of Exchange First 55:20 - AI Threat to Open Source Security 57:33 - Open Source Alone Does Not Secure 1:02:09 - Just Use Bitcoin Core for Security 1:08:37 - Jack on Leaving Twenty One and Authenticity 1:14:47 - What Strike Is Building Now 1:20:04 - Closing Message to Bitcoiners Guest: Jack Mallers of Strike 🔗 Links & Resources: - Jack Mallers on X: https://x.com/jackmallers - Strike: https://strike.me ⚡Previous Episode: Zack Shapiro: https://youtu.be/iZ7e0hY0WL8 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io If this conversation gave you a new way to see the macro picture, join the regulars — subscribe for more long-form Bitcoin interviews and reply with your take on "monetizing chaos." Catch the previous episode with James Lavish and Doomberg linked in the cards. #JackMallers #Bitcoin #BTCSessions #Strike #BTC #BitcoinMacro #DollarDebasement #MonetizingChaos #SoundMoney #BitcoinBearMarket #WorldReserveCurrency #PredictionMarkets #ElSalvadorBitcoin #Coldcard #OpenSourceSecurity #BitcoinCore #LightningNetwork #SelfCustody #TwentyOne

  • S1 · E97
    September 22 · 1 hr 7 min

    "Four Horsemen Of The Diesel Apocalypse" Are Coming For Europe | Doomberg & Lavish

    Mentor Sessions Ep 097: James Lavish and Doomberg break down the 2026 bond market crisis, Europe's diesel shortage, private credit risk, and Bitcoin as a macro asset. Bond yields near 20-year highs, Europe staring down a diesel shortage, and private credit quietly marking its own books — the plumbing of the global financial system is under real strain, and this conversation maps exactly where the pressure is building. James Lavish and Doomberg join BTC Sessions to connect the dots between the bond market, energy, geopolitics, and Bitcoin. You'll learn why the 10-year yield sitting at ~5% signals a structural regime change rather than a passing inflation scare, how private equity and insurance companies are stuffed with self-marked paper that echoes 2007-2008, and why Doomberg calls Europe's diesel situation the "Four Horsemen of the Diesel Apocalypse." You'll see the case that energy — not currency — is the base layer of every market, why nations are now selling Treasuries to buy fuel, and where Bitcoin fits as the "hot ball of money" hunting for the next asymmetric bet. Both guests also share the disciplined, rules-based approach they use to allocate across gold, cash, and Bitcoin without trying to time the market. ⏱️ Timestamps: 0:00 - Intro 0:43 - Bond yields near 20-year highs and global yield melt-up 0:57 - Why the 10-year at 5% is a new regime, not a blip 3:28 - The death of the 60/40 portfolio 5:38 - Doomberg on Grant Williams, Luke Gromen and fiscal dominance 9:03 - Hyperscaler debt crowding out long-dated paper 10:16 - Echoes of 2007-2008 in private equity and insurance 12:19 - The Treasury default nobody will call a default 16:38 - How private credit marks its own book 20:16 - Every market has its own purpose and structure 25:26 - Trezor Safe 7 self-custody segment 29:55 - Money is a promissory note on energy 30:16 - Private credit, contagion and the mark-to-market catalyst 33:16 - Could real estate seize up the credit chain? 37:01 - Diesel, WTI and the Four Horsemen of the Diesel Apocalypse 42:43 - Why Europe is uniquely exposed 44:08 - Germany's nuclear mistake and the EU's fragility 47:47 - Why Germany may leave the EU 49:04 - Ukraine, Russia and the energy war 51:38 - Why bonds aren't seeing a flight to safety 53:23 - Bitcoin as the asset chucked overboard, now bid 57:03 - Doomberg's rules-based gold, cash and Bitcoin allocation 59:40 - Canada, Greenland, Carney and Trump theater 1:05:44 - Where to follow James Lavish 🔗 Links & Resources: • James Lavish on X: https://x.com/jameslavish • The Informationist newsletter:https://www.jameslavish.com/ • Doomberg on Substack: https://newsletter.doomberg.com/ ⚡Previous Episode: Zack Shapiro: https://youtu.be/iZ7e0hY0WL8 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #BTCSessions #JamesLavish #Doomberg #BondMarket #FiscalDominance #EnergyCrisis #PrivateCredit #DieselShortage #SoundMoney #InterestRates #Treasuries #MoneyPrinting #Europe

  • S96 · E1
    September 17 · 57 min

    Big Tech Gets AI. BlackRock Gets Bitcoin. You Get Prosecuted | Zack Shapiro

    Mentor Sessions Ep 096: Zack Shapiro explains AI existential risk, AI regulation, the Clarity Act, Samurai Wallet, and open source AI policy for Bitcoin. The Clarity Act just failed on the Senate floor, and the fight over whether writing Bitcoin code can be treated as a crime is now heading to 70-year-old federal judges. Zack Shapiro breaks down what that means for self-custody, open source software, and the Samurai Wallet developers still behind bars. In this conversation you'll learn why Zack separates AI existential risk (recursive self-improvement, the orthogonality thesis, instrumental convergence) from the ordinary risks of AI — job displacement, regulatory capture by frontier labs, and cyber attacks like the Cold Card hack. You'll see why he thinks open source AI is not the existential threat, why the Blockchain Regulatory Certainty Act (BRCA) matters more than most Bitcoiners realize, and how the 'two clocks' of AI capability vs enterprise adoption will define the next decade. You'll also get the legal reality behind white hat recovery of hacked Bitcoin, why the liquid hacker is in a bad spot, and what happened when the Clarity Act died on the vine. ⏱️ Timestamps: 0:00 - Intro 0:51 - Amodei, Musk and Altman urge AI slowdown 1:38 - Ordinary risks versus existential AI threats 2:26 - Politics warping the AI safety debate 3:20 - Bostrom, AGI and intelligence explosion risks 5:01 - Orthogonality thesis and instrumental convergence 5:59 - Hugging Face attack shows AI covering tracks 6:58 - No easy policy fixes for AI risks 8:08 - Can't stop AI progress or open source China 9:32 - Separating x-risk concerns from anti-AI populism 12:22 - Regulatory capture and Anthropic IPO timing 14:21 - Keeping open source AI legal and available 16:39 - Trezor self-custody sponsor read 17:43 - One shot parallel between Bitcoin and AI 19:37 - Where real AI productivity gains appear 20:47 - Two Clocks: capability versus enterprise adoption 24:22 - Is AI coming for your job? 25:28 - Electrification analogy and 30-year lag 28:34 - Jevons Paradox and future of work 30:42 - White hat recovery of Cold Card hacked funds 34:02 - Legal precedent for white hat bounties 36:56 - Why the Liquid hacker faces trouble 38:55 - What's actually in the Clarity Act 43:46 - Money transmitter law and the Samurai case 45:20 - Tornado Cash, FinCEN and frying pan argument 47:31 - Why this could ban using Bitcoin 49:33 - BRCA criminal protections and court battles 53:42 - Clarity Act fails to pass what happened 55:24 - Senator Lummis stood on principle 56:50 - Where to follow Zack Shapiro Guest: Zack Shapiro — lawyer and AI-native law firm builder covering crypto policy, AI regulation, and Bitcoin legal defense. 🔗 Links & Resources: - Zack Shapiro on X: https://x.com/zackbshapiro ⚡Previous Episode: Bob Burnett and Nacho Pauls of Ocean: https://youtu.be/1-lvwj4DcJs Brent Johnson: https://youtu.be/UoIwpsOB9O0 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ Sponsored by Trezor - Get Your Safe 7 Today: https://affil.trezor.io/aff_c?offer_id=352&aff_id=1088 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #BTCSessions #ZackShapiro #ClarityAct #BRCA #SelfCustody #SamuraiWallet #ColdCardHack #AIRegulation #AISafety #OpenSourceAI #Superintelligence #BitcoinPolicy #BlackRock

  • S1 · E95
    September 10 · 52 min

    They Bet Everything On An Existential Crisis | Bob Burnett & Nacho Pauls

    Mentor Sessions Ep 095: Bob Burnett and Nacho Pauls of Ocean discuss Bitcoin mining decentralization, the BIP-110 chain split, hash rate flight, and Bitcoin Knots. Bitcoin's first real hard fork just tested mining decentralization for real — and Ocean's hash rate dropped from roughly 40 exahash to 23 before clawing back. Bob Burnett (Barefoot Mining, Ocean chairman) and Nacho Pauls break down what actually happened when the chain split, why rented hash fled while owned hash stayed, and what the loss of Bitcoin Knots means for client diversity going forward. You'll learn why the "template centralization" problem is still the core issue even after BIP-110 was resolved, how a non-KYC pool kept paying miners through the chaos, and why Bob argues Bitcoin needs 3 to 5 competing clients — drawing a direct parallel to how the PC industry standardized USB, PCI, and Bluetooth. You'll also get the honest story behind Ocean's high-profile team departures, who's stepping into the CTO and chairman roles, and why Bob calls the whole episode a "distraction" the community ultimately settled the right way. Whether you run a node, stack sats, or care about who really controls Bitcoin's hash, this is a candid, insider conversation about mining, consensus, and what comes next. ⏱️ Timestamps: 0:00 - Intro 0:41 - Hard Fork Fallout and What Happened 1:12 - Have Bob's Decentralization Views Shifted? 1:54 - Datum Templates and Decentralization Fix 3:25 - Ocean Hash Rate Drops From 40 to 23 EH 3:43 - Overcoming Defeatism Among Motivated Miners 4:11 - Nacho Explains Why Miners Left Then Returned 4:57 - Only Pool That Let Miners Choose 6:37 - Owned Hash Rate Versus Rented Hash 8:34 - True Cost of 15 EH Rented Hash 9:38 - Non-KYC Mining and Unknown Customers 10:50 - Why Large Miners Avoid Switching to Ocean 13:20 - Ocean's Jump to 30 EH and Path to 100 17:23 - Sponsor Break 18:50 - Team Drama and Key Departures 20:17 - Amicable Split With Departing Founders 22:01 - Jason Hughes Becomes CTO and Board Changes 23:28 - BIP-110 Debate and Your Hash Your Choice 33:15 - Bob's Personal Take on Departures 34:13 - Mistake of Treating BIP-110 as Crisis 38:39 - Community Consensus and Bitcoin's Strength 43:57 - Losing Bitcoin Knots Client Option 45:53 - Short Medium and Long Term Client Strategy 46:48 - Plea to Core on Extended Version Support 47:27 - Why Bitcoin Needs Three to Five Clients 48:32 - PC Industry Lessons on USB and PCI Standards 51:16 - Where to Follow Nacho and Bob Guests mentioned: Bob Burnett (Barefoot Mining, Ocean), Nacho Pauls (Ocean), plus discussion of Luke DeWolf, Jason Hughes, and the Bitcoin Boomers. 🔗 Links & Resources: • Ocean: https://ocean.xyz • Bob Burnett on X: https://x.com/Boomer_BTC • Nacho Pauls on X: https://x.com/NachoPauls • BTC Sessions: https://btcsessions.ca ⚡Previous Episode: Brent Johnson: https://youtu.be/UoIwpsOB9O0 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #Bitcoin #BTC #BTCSessions #BitcoinMining #MiningDecentralization #BIP110 #BitcoinKnots #OceanPool #HashRate #BobBurnett #NachoPauls #HardFork #BarefootMining #ProofOfWork #SelfCustody

  • S1 · E94
    September 7 · 1 hr 4 min

    They’re Not Saving the Republic, They’re Building Fortress North America | Brent Johnson

    Mentor Sessions Ep 094: Brent Johnson explains the 2026 dollar outlook, the collapse of the rules-based order, Bessent's Treasury moves, and how AI and stablecoins entrench the US dollar. The rules-based order that kept markets stable for 80 years is dying - and Brent Johnson explains what replaces it, why the US dollar gets STRONGER not weaker, and how AI and stablecoins entrench American power for decades. Brent Johnson (Santiago Capital, Dollar Milkshake Theory) sits down for a wide-ranging conversation on the biggest structural shift in markets since World War Two. You'll learn why he thinks the American Republic could give way to an American empire, why Scott Bessent's Treasury buybacks matter more than the headlines suggest, and how passive management can turn a bond wobble into a full crisis. You'll see why he's concentrated in North America and the Western Hemisphere, why he calls the US-China relationship a "divorce," and why he refuses to bet against the US Treasury even as others call for the dollar's death. He also breaks down why AI is now a matter of national security, why stablecoins are structurally bullish for the dollar, and where Bitcoin fits in the emerging digital-asset order. ⏱️ Timestamps: 0:00 - Intro 1:17 - Iran War and Dollar System Resilience 4:10 - Iran Conflict Pressure on Treasury Yields 5:41 - Rising Yields Create Global Collateral Strain 8:25 - Bessent Long-End Buybacks Explained 10:20 - Mike Green on Passive Bond Risks 11:48 - Rules-Based Order Has Ended 13:39 - Shift to America First Proactive Policy 17:31 - Signs the Rules-Based Order Is Dying 18:27 - Vance and Rubio Munich Security Speeches 21:41 - China Also Wants Strategic Divorce 23:26 - Multipolar World or US Remains Dominant 24:44 - American Republic Falls Into Empire 27:00 - Republic Versus Empire and Authoritarianism 31:07 - Positioning Portfolios Amid Geopolitical Chaos 33:28 - Building Fortress North America Strategy 35:19 - Canada US Relationship Realities 39:41 - Energy Trade War Leverage Analysis 44:16 - Bessent Druckenmiller Soros Trading Lineage 48:51 - Market Outlook Violently Sideways Year End 53:01 - AI Now National Security Priority 57:02 - AI Short Term Employment Risks 58:06 - Stablecoins Strengthen US Dollar Position 59:31 - Bitcoin Role Alongside Stablecoins 1:01:57 - Global Institutions Must Adapt Next Brent Johnson's written research and weekly show "Milkshakes, Markets and Madness" are at Santiago Capital - links below. 🔗 Links & Resources: • Santiago Capital research: https://research.santiagocapital.com/ • Brent Johnson on X: https://x.com/SantiagoAuFund ⚡Previous Episode: Luke Gromen & Lyn Alden: https://youtu.be/xoAuuJyBg6E 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #AmericanEmpire #FortressNorthAmerica #FortressAmerica #RulesBasedOrder #BrentJohnson #DollarMilkshake #SantiagoCapital #USDollar #USD #ReserveCurrency #TreasuryMarket #Gold #Bitcoin #DigitalAssets #Stablecoins #Geopolitics #Hegemony #China #MacroEconomics #CapitalFlows #Multipolar #ScottBessent #AINationalSecurity #BTCSessions

  • S1 · E93
    September 4 · 59 min

    "We're Past The Point Of No Return" | Luke Gromen and Lyn Alden

    Mentor Sessions 093: Luke Gromen and Lyn Alden explain the 2026 global bond market crisis, private credit risk, yield curve control, and Bitcoin and gold as safe havens. The global bond market is bleeding out in slow motion, and the real danger is buried in private credit that insurance companies can't sell without going insolvent. Luke Gromen and Lyn Alden break down why the long end of the Treasury market is grinding higher, why Scott Bessent intervened before any visible crisis, and what happens when trillion-dollar balance sheets finally hit the sell button. You'll learn why China is the one nation conspicuously absent from the sovereign debt rout, how AI-driven deflation is reshaping Chinese manufacturing, and why Gromen argues the U.S. now faces a "Weimar gold reparations" problem with true interest expense at 105% of receipts. You'll see why both guests believe rate hikes are no longer even a usable tool under fiscal dominance, how a Blackrock "one phone call" scenario could freeze $5 trillion in a crisis, and where Bitcoin and gold fit as bearer assets when markets get locked down. Alden makes the case for holding scarce assets and extra cash through the air pockets; Gromen explains why he trimmed Bitcoin and exactly when he'd aggressively buy it back. ⏱️ Timestamps: 0:00 - Intro 1:12 - Treasury Event or Broader Sovereign Debt Crisis 1:34 - Why China Avoids the Global Bond Rout 2:00 - Hyperscalers Emerge as New Bond Vigilantes 3:41 - Path Leading to Yield Curve Control 4:15 - Why Chinese 10-Year Yields Hit Global Lows 6:00 - AI Driving Deflation in Chinese Manufacturing 10:17 - Orderly Bond Market Grind vs Sensationalized Crash 13:43 - The Dog That Didn't Bark in Bessent's Move 14:38 - Silent Crisis Brewing in Private Credit 15:38 - Insurance Insolvency Risk Triggers Treasury Sales 19:01 - Liquidity Versus Solvency in Private Funds 27:44 - Will Warsh Raise Rates This Cycle 29:43 - True Interest Expense Hits 105% of Receipts 33:43 - Rate Hikes Fail Against Fiscal Dominance 35:50 - Crack Spreads, Diesel and Physical Bottlenecks 37:37 - Wall Street Awakening to Fiscal Dominance 40:12 - BlackRock's $5 Trillion Lockdown Scenario 41:00 - Past the Point of No Return for Markets 45:47 - Non-Linear Reset Versus Slow Economic Spiral 50:19 - Physical Constraints in Beef and Refineries 54:05 - Gormen Adds Back Bitcoin After Selling 57:07 - Lyn Alden on Bitcoin and Gold Outlook 🔗 Links & Resources: Lyn Alden: https://www.lynalden.com/ Luke Gromen: https://fftt-llc.com/ ⚡Previous Episodes: Michael Sullivan: https://youtu.be/wp5IYzcThUo Tom Luongo: https://youtu.be/zkvdfR7LTuU 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 ⚡ Sponsored by Blockstream Jade: Easy, open-source Bitcoin-only cold storage. Get 10% off with code BTCSESSIONS at store.blockstream.com. 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io #BTCSessions #Bitcoin #BTC #LukeGromen #LynAlden #BondMarket #Treasury #FederalReserve #InterestRates #YieldCurveControl #PrivateCredit #FiscalDominance #SovereignDebt #USDollar #Inflation #Gold #ChinaEconomy #Japan #MacroFinance #MacroEconomics #BitcoinEducation #BitcoinPodcast #BitcoinInterview #GlobalEconomy

  • S1 · E92
    September 1 · 1 hr 2 min

    This Bitcoin Rally Feels Fake (The Data Says Otherwise) | Michael Sullivan

    Mentor Sessions 092: Michael Sullivan explains Bitcoin sentiment analysis, emotional cohort signals, OG optimism, narrative shifts, and why the data may point to a bottom. Bitcoin sentiment just did something it rarely does after a 22% rip: it stayed calm. No euphoria, no desire spike, no retail flooding back — and that gap between the price move and the emotional data is where the real signal lives. Michael Sullivan — an engineer and fiction writer turned Bitcoin sentiment analyst — breaks down how he tracks 14 distinct emotions across cohorts of Bitcoiners, from OGs and technologists to MSTR treasury speculators. You'll learn why he cohorts the crowd instead of scraping social media, why the Fear & Greed Index misses all the nuance, and why he reads OG optimism as one of the most reliable early signals that positive things are on the horizon. You'll see why 'desire' language sits inversely correlated with price, why the near-total absence of a new narrative can be wildly bullish near a bottom, and how the BIP-110 debate produced algorithmic engagement patterns that looked artificially farmed. He also lays out the AI-bubble-to-Bitcoin thesis and why he's personally bearish by instinct but bullish on the data. ⏱️ Timestamps: 0:00 - Intro 0:38 - Why this rally feels like disbelief 1:09 - Massive sentiment phase shift after crash 2:01 - Rally lacks expected euphoria levels 3:05 - Tracking caring language in ColdCard event 3:58 - Technologists impressed most during crisis 5:12 - Studying Saylor's four Bitcoin cohorts 6:33 - MSTR shareholders as conviction outlier 7:18 - OG optimism as reliable bullish signal 7:59 - Are OGs turning optimistic now 9:56 - Emotions linked to time and excitement 11:40 - Downturn negative language uniquely severe 12:40 - Desire language at market tops and bottoms 16:52 - How language analysis became his focus 19:11 - BIP-110 debate through psychology lens 21:09 - Algorithmic engagement that felt farmed 26:55 - AI bots distorting sentiment data 29:47 - Spotting leaders and narrative first movers 32:56 - Narratives shaping markets and price 34:37 - Absence of narrative as bullish signal 36:42 - Does price or emotion move first 40:03 - AI deflation versus Bitcoin scarcity thesis 40:30 - Euphoria missing at prior all-time high 45:17 - Bitcoiners versus treasury company speculators 50:07 - Conviction language versus hedging explained 54:03 - Denoising sarcasm with cohort analysis 59:31 - Signals needed to confirm bearish view 1:00:06 - Data pointing bullish over coming months 1:02:10 - Where to follow Michael's latest work Michael writes deep analysis on Bitcoin sentiment and shares it on X and Substack — links below. 🔗 Links & Resources: https://x.com/SullyMichaelvan ⚡Previous Episode - Tom Luongo: https://youtu.be/zkvdfR7LTuU 🔔 Subscribe for weekly Bitcoin Podcasts 🐦 Follow on X: https://x.com/BTCSessions 🐦 Follow on X: https://x.com/theBTCmentor ⚡Sovereign Sessions — AI, Privacy, and Bitcoin education: http://youtube.com/@SovereignSessions?sub_confirmation=1 💡BOOK Private Sessions with Nathan, Ben and the BTC Mentor Team: Master self-custody, hardware, multisig, Lightning, privacy, and more. 👉 Visit btcmentor.io ⚡ POWERED by Abundant Mines: Fully managed Bitcoin mining. Learn more at https://qrco.de/bgYKPB ⚡ Sponsored by BITCOIN WELL: Best Place to BUY & SELL BITCOIN https://qrco.de/bfiDC6 #Bitcoin #BitcoinSentiment #BTCSessions #BTC #MarketPsychology #MichaelSullivan #DisbeliefRally #BitcoinRally #BitcoinBottom #BitcoinCohorts #BitcoinOG #CryptoPsychology #FearAndGreed #NarrativeShifts #OnChainAnalysis #BitcoinAnalysis #CryptoSentiment #BitcoinTwitter #SelfCustody #BitcoinTreasury #MSTR #StackSats #BIP110 #BitcoinInterview

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