EPISODE · Jul 25, 2026 · 1H 25M
Did Putin Just K*ll A U.S Senator? — Bitcoin Is Preparing For War
from Bitcast · host BTC Sessions
A Duke professor just published a roadmap for profitably attacking Bitcoin using offshore derivatives markets — simultaneously mining enough hash power to take over the network while shorting Bitcoin to zero. The hosts aren't impressed, but they do take it seriously enough to dig into whether a nation-state or "nefarious geopolitical entity" could actually pull it off. In this episode: • Duke professor Campbell Harvey outlines a 51% attack strategy funded by short positions in Bitcoin's derivatives markets, claiming the cost is roughly 50 basis points of Bitcoin's market cap — "surprisingly affordable" in his words. • A former Meta engineer argues Bitcoin has two ticking time bombs: quantum computing vulnerabilities and a miner fee economy that never materialized as block rewards shrink, with 95% of Bitcoin already mined. • Lindsey Graham's death is discussed at length — the hosts examine the timeline around his visit to a Ukrainian drone facility, Russia's subsequent strike on that facility, and theories about who might benefit from his death. • Netanyahu's Fox News interview proposing a Pentagon-Israeli military merger draws sharp commentary, including his claim that Israeli intelligence is worth "five CIAs." • Japan's 30-year bond hitting a record high yield and South Korean stocks crashing nearly 10% in a single session are framed as symptoms of the broader fiat system unraveling. • Oil surging nearly 8-9% on the day following the Kharg Island strike, which the hosts say accounts for roughly 90% of Iran's crude exports, with someone making "generational insider trading wealth" off the volatility. • The mining fee debate and quantum FUD are dismissed as YouTube slop — the hosts point to the difficulty adjustment and growing node activity as evidence the network self-corrects. Watch the video version: https://youtu.be/8a3fpIPEJvQ
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Did Putin Just K*ll A U.S Senator? — Bitcoin Is Preparing For War
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