Bitcoin just crashed from a $122K all-time high to $63K, and this week alone brought five separate bombshells. Trump accused China of stealing 220 million US voter files and Bitcoin dropped within hours. The US struck 80+ Iranian military targets. Russia's Duma just legalized Bitcoin for cross-border trade. Treasury and Commerce are in an open turf war over who controls the government's 300,000+ BTC reserve. And Michael Saylor, the guy who said "you do not sell your Bitcoin", sold Bitcoin.
This week Alex McShane and Hank Hudson join us to break down all of it, including the theory nobody wants to say out loud: does China's 190,000+ BTC state stash make Bitcoin a geopolitical weapon? And with the Strategic Reserve stalled and Strategy $13B underwater, who's actually left buying?
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Follow today's guests:
Alex McShane: https://x.com/mcshane_capital
Hank Hudson: https://x.com/HankHudsonTV
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Bitcoin Well is Canada's non-custodial bitcoin company, established in 2013 and publicly traded since 2021 ($BTCW.V). We offer Bitcoin ATMs, personal bitcoin services, and an online bitcoin platform.
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