Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, Nik confirms his belief that we have entered a period of economic recession that started sometime in March. Nik talks through the three signs of this slow down that come in conjunction with the SVB fallout, a loss in confidence in banking system, a credit contraction, and an associated slowdown throughout the rest of the economy. New YouTube videos M/W/F — New Substack posts T/R/S Sponsored By Foundation Devices — see what best-in-class Bitcoin storage feels like at thebitcoinlayer.com/foundation Get $10 off with promo code BITCOINLAYER Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco... Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer Subscribe to The Bitcoin Layer on your favorite podcast platform. Subscribe and turn on notifications for TBL on YouTube. Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball Block Height 784097 #TheBitcoinLayer #NikBhatia #Recession #March #Crisis #PMI #ISM #Manufacturing #Banking #Credit #Contraction #Bitcoin #Freedom #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education The Bitcoin Layer and its guests do not provide investment advice.

Subscribe to The Bitcoin Layer on Soundwise