Why Isn’t Bitcoin Pumping While Gold Soars? | Jeff Park

Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation, we go on a global tour — from Argentina to China to London and back to the US — breaking down what’s happening in different economies, why the US dollar, gold, bitcoin, and global swap lines all matter right now. We also discuss market sentiment, bitcoin’s recent price action compared to gold, and whether investors should actually be worried. ====================== Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://pompdesk.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ====================== BitcoinIRA: Buy, sell, and swap 75+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $500 in rewards. ====================== Core is the leading Bitcoin scaling solution, enabling you to lock in yield by locking up your Bitcoin. Simply lock it on the Bitcoin blockchain to secure the Core network, and get rewards. No bridging. No lending. Just holding. Still your keys. Still your coins. Now your yield. Start at https://stake.coredao.org/pomp ====================== Timestamps: 0:00 – Intro 1:59 – Argentina’s economy and dollar swap lines 8:13 – Why the US is buying pesos before bitcoin 11:45 – Bitcoin as a strategic reserve asset 13:39 – China’s trade war and capital flows 18:43 – Lessons from the Bank of England and gold’s staying power 24:05 – How bitcoin could follow gold’s path 28:03 – Founding of America and monetary history 31:37 – Market sentiment and crypto disappointment 33:47 – Bitcoin adoption and trade-offs