Bitcoin Today Recast

Humble Warrior guest hosts Bitcoin Today with Loren Hodl and Terence Michael traveling, and the room digs into MARA selling 13,597 bitcoin for $1.1 billion to chase AI data centers. Gary Cardone argues the big miners are liquidating into AI while small miners making bitcoin near $37,000 inherit the network, and Darkside makes the long case: Bitcoin is the automobile and fiat is the horse and buggy...

Did Strategy's latest Bitcoin purchase actually dilute MSTR shareholders? Darkside breaks down Strategy’s latest 8-K, arguing that $200 million in share issuance behind its latest Bitcoin purchase debased existing MSTR holders rather than amplifying their Bitcoin exposure. Terence Michael hosts with Loren on the road as the conversation turns to the Binance hack impacting 900,000 users, Coinki...

Fred Krueger joins Loren Hodl and Terence Michael as Bitcoin holds $75K after the midterm sweep, arguing the blue wave is the most bullish outcome possible and that Strategy is about to become a Bitcoin bank. He makes the always-be-transacting case: spend and gift Bitcoin constantly, and let the LLMs file the taxes from a wallet export. The panel then works through the housing trap, saving in Bitc...

Fred Krueger joins Loren Hodl to argue the agentic AI economy will settle in Bitcoin rather than stablecoins, because an autonomous agent cannot hold money a human can freeze, and he lays out the Lightning rails that let machines pay each other today. Darkside opens with the two-way wipeout, about $400 million of shorts and $500 million of longs liquidated, and calls it the 1974 gold futures playb...

Dennis Porter joins Terence Michael the morning after the midterm sweep to map what a flipped House and Senate mean for Bitcoin: the energy and infrastructure bills already moving, Senator Gillibrand at the negotiating table, and Elizabeth Warren stripped of the financial power she held. Darkside calls the result a vote against being lied to rather than a vote for Democrats, and says the printer k...

Darkside does the math Michael Saylor leaves out: Strategy owes $1 billion in September 2027 if MSTR closes below $183, $2 billion in March 2028 below $433, and $3.5 billion more by 2029, while roughly $1 billion every five weeks goes into buying back STRC. Tomer Strolight shows how Grok's reverse-split error made Strive (ASST) look up 200 percent while it fell 83 percent, and Fred Krueger notes A...

dotoshy and Joe Carlasare say the Binance story is not finished: outflows have passed $7 billion since withdrawals reopened, CZ is publicly denying that Binance borrowed money, sold assets, or raised capital to fill a $6 billion hole, and accounts holding $100 million or more still cannot withdraw while smaller accounts get out. Terence Michael explains why a snapshot of coins is not a proof of re...

Mr HODL argues the $6.3 billion Binance hack was not a custody failure but a hot wallet failure: your UTXOs should be cold no matter who holds them. Terence Michael opens with the multisig case and the Mt. Gox lesson, the room audits CZ's promise to cover the hole against the cash a company like Coinbase actually holds, and Bruce Fenton closes with the case for tokenization. Bitcoin held $77,0...

Mike Schmidt, who funds core developers through Brink and runs the Bitcoin Security Consortium's quantum work, explains why Bitcoin Core skipped version 32 for 32.1 after an AI scanner caught a medium-severity bug, and why the BIP110 fight turned on the difference between consensus and policy. TC reads the day's difficulty adjustment, set to jump close to 6% for the second time in two weeks, as pr...

Joe Carlasare, an attorney, walks the room through AI copyright: whether AI output is a tool's product or a principal author's work decides if it can be protected at all, and why anonymous accounts offer no shelter from false-light judgments. Lorenzo opens on the Fed meeting with a simpler frame: he does not save in dollars, so he follows issuance, halvings, and difficulty instead of the rate deci...

Terence Michael hosts an open-floor Bitcoin Today room that starts with the simplest question in personal finance: what actually preserves savings when bonds sit doing nothing for decades and the 401k is supposed to be fine? The room builds a working elevator pitch for Bitcoin, from 17 years of persistence to self-custody, the circle of trust, and why a crisis is what finally makes people question...

Loren Hodl and the Bitcoin Today room work through the quantum FUD cycle, paper Bitcoin, and what actually secures a blockchain, from hacked-coin scenarios to the nominal amounts that matter. The room debates whether any other chain can ever reach Bitcoin's decentralization, why the top 10 from 2016 looks nothing like today, and what evidence would change their minds. The show closes on the go...

Roberto argues Japan is the monetary experiment lab for the West: thirty years of QE, QQE, and yield curve control that never created growth, with yield curve control next for the United States if a bond market crisis hits. He calls the BIS the head of the Medusa and makes the finale case that Bitcoin solves the Triffin dilemma, because a reserve asset with no host country cannot break one, unlock...

The builder of EntropyLab, a single-file offline Bitcoin key and wallet calculator, argues your seed words are only as trustworthy as the entropy that created them, and that after the Coldcard failure no hardware wallet should generate your 24 words in secret. TC lays out the contradiction at the heart of Bitcoin security and the fix: roll your own entropy, create your own words, verify everything...

Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. The daily show on Bitcoin, money and the incentives behind the headlines. Follow so you never miss an episode.

Attorney Joe Carlasare argues proof of reserves proves nothing about a Bitcoin treasury company's solvency, because FTX showed addresses for Bitcoin it never had. Fred Krueger runs the math on a Tesla-SpaceX merger putting 30,000 BTC on one balance sheet, Matt McDonagh maps the three portals driving adoption, and Tomer Strolight explains why hash rate follows price instead of leading it. Loren and...

Jeff Walton of Strive walks through the $700M SATS placement and defends the fixed coupon against STRC's floating rate. The room presses him on SATA versus SATS, what happens if yields fall, and whether anything in the structure can force a sale of the bitcoin. Cut from today's full Bitcoin Today Space. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. Full episode: https://o...

Strive is raising $700 million through SATS, and the room argues whether a fixed coupon beats STRC. Jeff Walton joins Loren and Terence on SATA versus SATS, what happens if the coupon depegs, and why nothing in the structure forces a sale of the bitcoin. The open compares Bitcoin's volatility with the S&P 500. Loren and Terence host Bitcoin Today live on X, weekdays at 8:30 AM PT. Watch th...

What’s happening in the Bitcoin market—and what are Bitcoiners talking about after Bitcoin Alpha in Santa Monica?  From MicroStrategy (MSTR) to the bigger questions shaping Bitcoin, this episode brings the community conversation back to the forefront. Today on  Bitcoin Today , we revisit the energy surrounding last week’s Bitcoin Alpha conference in Santa Monica and dive into general Bitcoin topic...

Charles Schwab is moving toward a Bitcoin ETF, and the Bitcoin Today room digs into what it means for holders, advisors and the price. Loren and Terence host today's live Bitcoin Today Space with the community, including Aztec, Natalie, Michael, Omar and more. Today on Bitcoin Today, the conversation opens with the community catching up and what the room is watching on a big conference day. Then t...

Hot PPI, an AI infrastructure boom that may be a bubble, and a credibility crisis in politics and media. What should Bitcoin holders make of it all? Eric Rice hosts today's Bitcoin Today Space with Loren joining as co-host, plus a community panel that includes former doctor Jeff, Michael, Corey, Tico, G Money, Aztec, Sean and more. Today on Bitcoin Today, we open with the dialectics of politics an...

Are rising yields on Strategy's preferred stock a sign of panic? From Bitcoin OGs who turned to altcoins to a heated debate over Boomers, Gen Z, and the coming market reset, this episode tackles what Bitcoin holders should be thinking about right now. Today on Bitcoin Today, we start with some lighthearted community banter before digging into Bitcoin forks and the early figures who left Bitcoin be...

What happens to your Bitcoin if your signing device is compromised—or your family needs to inherit it?  From the Ledger hack and Bitcoin security to Fidelity’s Bitcoin options and a heated debate over MicroStrategy, this episode tackles some of the biggest decisions facing Bitcoin holders. Today on  Bitcoin Today , we start with the Ledger hack and signing devices, discussing Bitcoin security and...

AI: The Good, the Bad & the Ugly — What Does It Mean for Bitcoin and the World? Can AI make the world better—or will its unintended consequences change everything? From the importance of community and positivity to the opportunities and risks of artificial intelligence, this episode of Bitcoin Today explores a technology that could reshape our future. Today on  Bitcoin Today , we start with a...

Is your Bitcoin really safe?  The Ledger hack, seed phrase security, and Bitcoin’s power law raise important questions about protecting your Bitcoin and understanding where the market could go next. Today on  Bitcoin Today , Matt McDonagh, a financial services professional, joins the conversation to discuss his industry, AI, Bitcoin security, and the forces shaping the future of money. We dig into...