PART 1

Simon Dixon returns for his fourth appearance to discuss why Bitcoin self-custody feels under siege. We cover the Coldcard vulnerability and the Ledger supply chain attack, whether they are opportunistic hacks or something more deliberate.

We also get into European crypto tax moves, China’s role in Bitcoin mining and the shift of miners into AI data centers, and what Bitcoin can learn from China’s governance model.

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Willy Woo, one of Bitcoin's best-known on-chain analysts, joins the show for his fourth appearance. He explains how he identified the market bottom, why the four-year cycle may no longer hold, and why quantum risk is shaping how he will hold Bitcoin from here.

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Jeff Park explains why the Strategic Bitcoin Reserve has stalled, who really benefits from Trump Accounts, and what rising yields and the AI build out mean for Bitcoin. We also get into where the next wave of buyers could come from, and why Jeff thinks AI agents will need crypto.

This is not investment advice. Jeff's views are his own and do not represent his employer.

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