CD94: Bank Crisis and Bitcoin with Jesse Myers

support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 94 BLOCK: 780957 PRICE: 4100 sats per dollar TOPICS: Bank Failures, Bailouts, Contagion, Fractional Reserve Ponzi Banks, Inflation, Money Without Trust, Corporate Treasuries, Stay Humble and Stack Sats  nostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:03:41) Supporting the show through donations and subscriptions(00:04:31) Discussion on the current global bank crisis(00:19:53) The impact of the crisis on Bitcoin and the importance of holding your own keys(00:37:29) The role of social media in spreading information and panic during a crisis(00:43:56) The lessons learned from the crypto market and the advantages of Bitcoin(00:45:31) The current state of the global banking crisis and the risks involved(00:46:02) The impact of interest rates on asset valuations(00:49:31) The historical trend of interest rates and its effect on asset prices(00:51:57) The changing economic climate and its impact on asset classes(01:29:24) Michael Sailors and the risk of holding the entire treasury in Bitcoin(01:29:57) Institutions and corporate accounts adopting Bitcoin(01:31:11) The flip side of the treasury strategy and the argument for constant liquidity(01:31:27) VCs and the potential for Bitcoin adoption(01:33:18) The impact of permissionless finance on Bitcoin adoption(01:33:59) The shift in Bitcoin's reputation over time(01:34:47) The Fed's upcoming meeting and the expectation of a pivot(01:39:06) The potential for hyperinflation and the role of Bitcoin