
America may soon revalue its gold to buy Bitcoin, fundamentally reshaping global power dynamics.
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Uber Representative
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JV
Happy TGIF and welcome everyone to no. 1 Daily Bitcoin Pod. In today's show, I'll be breaking down the latest bitcoin technical analysis. We'll also be discussing Spar Supermarket in Switzerland starts accepting Bitcoin payments. Let's go. As well as Arizona Crypto reserve bill passes the House committee heading to the third reading as well as quantum computers likely to reveal a Satoshi Nakamoto is still alive according to Bitcoin OG Adam Beck. Also Sailor says ETF investors stronger hands are helping to stabilize the bitcoin. He also shares with us 21 truths of Bitcoin which I'll be revealing for you in today's show as well as Will the United States dump gold for Bitcoin? A real geoeconomic shift in real time? I think most likely. And I'll be breaking down the most likely reasons for them to do this. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts.net again that's crypto news alerts.net today is pod number 1966. I'm your host JV. It's April 18, 2025. Happy TGIF. A great day to be alive and happy. Good Friday first and foremost, let's kick it off with our market. Watch this Good Friday shall we? And as you can see on your screen, pre Low bitty correcting only down 1% on the day maintaining above 84,500 at the time of the live stream. Ether back in the 1500 range unfortunately XRP, BNB, Salana and Tron also in the red and correcting as well. And check it out coinmarketcap.com the current crypto market cap sits at $2.67 trillion and the Bitcoin market cap is at 1.6 trillion. Roughly a trillion dollar difference between the two. 46 billion worth of volume for the past 24 hours. With Bitcoin dominance coming in today at 62.9. The apex predator as the ether dominance is all the way down to a minuscule 7.2%. And checking out top 100 crypto gainers past 24 hours. We got TAU leading in the back up 10 follow by FL percent followed by immutable of 5 1/2% followed by the sandbox which al ifany are you bullish on for the bull. Holl at your boy and check it out the crypto bubbles. I like to get the visual perspective on the day. Safe to say. Let's get an update. Here we go, updated. Okay, so I'd say majority of the alts are actually in the green today but the top ones are correcting and in the red. As ironic as that is. Fart coin down 10% on the day. Zooming out on the Weekly I'd say 6040 red over green on being the biggest loser. You understand that was rug pulled it lost like billion a market cap overnight unfortunately. And checking out the crypto greed and fear index. Today we're 33 fear yesterday at 30, last week at 25 extreme fear and last month of 32 fear silver lining. The lower this number goes in extreme fear the more likely of a pumpy pump. So let's pump it up and check it out. The infamous time chain calendar. We're currently on block number 892990 and we have 157,000 blocks into the next having and you currently exchange one fiat monopoly dollar for 1183 SATS. So pick up the sats, put down the gats and pick up some bitcoin caps from a man sergio over@bitcoin caps.net and if you don't know now you know Joey. Let's get it, let's kick it off. Now that we did our market watch we'll do a little ta, a little astrology for the broskis. Headline here reads bitcoin price relatively imminent as speculators move 170, 000 of the biddy. This is according to the latest TA from Crypto Quants. Let's break this down, then I'll pull up some of the live charts. Bitcoin short term huddlers are signaling that the current calm price behavior may not last long. Crypto Quant revealed that 170,000 BTC owned by entities with a purchase date between three to six months ago begun to circulate. Quoting them here, around 170,000 bitties are moving from the three to six month Hodler cohort. Large movements from this group often signal that significant volatility is imminent and the chart as pulled up right here shows the impact of the previous short term Hodler events with the latest being the largest by volume since late 2021. Price direction varies both upwards and downwards, making market responses visible. Volatility is a coming and short term Hodler entities are notoriously sensitive to snap market moves and transitive narratives. That's why I got to be in the cohort of the long term Hudders. Don't be so sensitive Karen. In recent Bitcoin price downside has been met with episodes of the panic sellin by the cohort which is defined as an entity buying up to six months. Previously. Earlier in the week crypto quant listed the short term Hudders as one of the main sources of the current bitcoin selling pressure. Not a good look. Short term folk short term hodlers have been the primary sellers sending an average of 930 bitcoin a day to the exchanges.
Bank of America Representative
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JV
We cans get wrecked. I mean it is what it is. In contrast, long term Hodlers only moved about 529 bitcoin daily, highlighting the short term fear or profit taking while long term conviction remains intact. Meanwhile, Crazy Block described the classic shakeout as occurring in bitcoin while allying concerns over a uniform rush of exit across the investor spectrum as he shares here with bitcoin trading sideways and volatility compressing, this cohort driven breakdown helps us understand that the current correction is not a mass exodus by the smart money. It's more likely a reaction from the nervous short term mid tier cabbage hand hodlers. So please don't be like cabbage hands Portnoy over here and hold the bitcoin. For the long term you got to have the diamond hands, you got to huddle at least a minimum, I would say of four to eight years to expect significant gains. And in fact every single bitcoin holler from my understanding that has been huddling for at least four years is in the black. Meaning with it at least an unrealized gain. And that's where you want to be. Never sell at an unrealized loss because then you're turning an unrealized loss to the real McCoy a real loss. And that's not a good look. And that's something the short term huddlers are apparently notorious for. But with all that being shared, I promise to pull up some of the live chart. We'll do some live action Jackson Satisfaction here on tgif. And yeah, you're looking at the hour chart right here via Coinbase, via Trading View. This is live and in the flesh. Not a lot of movement really going on right now. It's been trading sideways for the day but we do have a Target sitting at 88 000. Zoom in. Or bear target sitting just shy of 786. Zooming out from there we'll take a look at a four hour four hour chart says it's going up forever. Jb we do have, you know we did have a dip but we have recovered and we' again flatline at 845. Bear scenario in play of 735 on the four hour no bull scenario printed currently. And zooming out a little further for the daily. We do have the rising wedge followed by the falling wedge. It's like a yo yo. Let's see if we slinky back to the rising wedgie formation. We do have the bull trend scenario sitting just shy of 112,000. Taking us back to price discovery currently sitting at 1093, the current all time high achieved in January. Back on inauguration day we do have a bear scenario just shy of 69 GS baby. And then there's a super bear sitting at 49 000. And zooming out a little further from there we'll take a look at a weekly. Then we'll check out the monthly real quick. The weekly chart shows a cup and handle target as you can see on your screen. Last week we finally had a green candle close and this week thus far, if things continue where they're at, at least we'll get another green weekly close. We have till Sunday to go, but we'll see. I mean again, not lots really happening right now, unfortunately it's been pretty boring, but it is what it is. And zoom out a little further. We look at the monthly and the monthly also shows. Past couple of months have been bearish unfortunately, but hopefully we can maintain in the green for the month of April. Now we're in the second quarter of 2025 is the year preceding the having so you already know. Typically it's a very, very bullish year and hopefully we ain't seen none yet. Here's the latest big news coming out of Switzerland Spar Supermarket in Switzerland Starts Accepting Bitcoin Payments how many of you have ever been to Switzerland? Let me know. I visited there for a few days on my euro trip. Beautiful scene. The mountains were very majestic. It was freezing when we were there, but nonetheless I just remember going on the train and witnessing all the epic views of the mountains and such. It was a good. It was a good look. Global grocery giant Spar has rolled out Bitcoin based payments in Swiss City, marking another step in the growing adoption of the crypto for everyday transactions. Now the Spar supermarkets in Zug, Switzerland implemented the Bitcoin payments via the Lightning Network. The stores Bitcoin payments went live on Bitcoin ma, a community driven project highlighting stores that accept bitty payments. DFX Swiss, a crypto to fiat payment solution firm announced just recently. This bar location is among the first supermarkets in Switzerland where you can pay directly at the checkout using Bitcoin via the Lightning Network. Thanks to our new hashtag Open Crypto Pay Solution, an open peer to peer standard for in person crypto payments. I think that's fantastic. So if you want to live off of bitcoin you can do that as groceries is an everyday expense obviously and most grocery stores do not accept payments. That's a step in the right direction. Bring it Switzerland has long been regarded as one of the more crypto friendly European jurisdictions with some of the earliest crypto adoption initiatives. Back in 2023, the Swiss city of Lugano adopted Bitcoin and Tether USDT payments for all municipal fees, one of the world's first city administrations to do so. There are currently 1013 stores and businesses accepting Bitcoin payments just in Switzerland according to the Bitcoin map data outlined right here on your screen and good coverage all across Switzerland that's what's up. Bitcoin adoption amongst the retail giants with a global presence may increase mainstream trust in crypto payments.
Uber Representative
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JV
Spar operates over 13900 stores across 48 countries with over almost 15 million daily shoppers and 450000 employees worldwide now friction points and complicated. Criticized as some of the biggest hurdles limiting the mainstream blockchain adoption. However, Spar's Bitcoin implementations enables easy payments just by scanning a quick response QR code, making it easy peasy. That's how I paid for my papusas in bitcoin country, you know, I mean, so game on. It was super simple by the way. You just pull it out, you know, scan it. Bada boom, I bought a bitcoin. Just scan the static QR code, send the sats immediately and easy registration by the cashier. And if enough people use it, it may be rolled out in the entire freaking country. So hopefully people use this supportability. Quoting a user here. I use the Phoenix Wallet for the Lightning Network, but pretty much anything works. That means you can use Strike Network, you know, Lightning Wallet you can use currently. What's the one? There's Exodus, there's Shivo over in El Salvador. I don't recommend that one. But I digress. There's a lot of options out there and increasingly more companies are adopting crypto in the country. Switzerland based Blockchain ecosystem Crypto Valley surpass almost 600 billion in valuation last year after a 55 yearly increase. That's pretty significant. Worth $600 billion. And amongst the 50 regional entities, 17 have reached unicorn status. And here I thought unicorn was a fictional beast. No unicorn status is being achieved. $1 billion valuations on the companies quoting them here. A Swiss industry with a top 50 entity share evaluation of 593 billion and whose funding medians export exceed global mediums reflects vision and resilience. And if you don't know, now you know. Some of the Crypto valley's well known projects include Layer 1 Blockchain Network, Ethereum cardano and Casper Blockchain. I guess Casper is the friendly ghost. I didn't realize. But anyways there you have it Broskis. Hopefully they start adopting some retail bitty lightning payments in the United States as well. Follow in Switzerland's footsteps, why not? Here. Here's the latest with the Arizona bill. Good news. Arizona Crypto Reserve bill passes the House and it now heads to the third reading. Lucky number three. That's right. One of Arizona's crypto reserve bills have been passed by the House and is now one successful vote away from heading to the Governor's desk for the official approval. And this is the Arizona Strategic Digital Asset Reserve Bill SB 1373 which was approved officially yesterday, April 17 by the House of committee of a whole which involves 60 House members. Shout out to the House members weighing in on the bill before a third and final reading and a full floor vote. So this is pretty massive as you can see here from The Bitcoin laws Arizona update Bitcoin Reserve Bill SB 1373 has been passed by the House committee of the whole. The next step is the third reading of the final vote and you can see trailing behind Arizona of course we have New Hampshire, we have Texas, Alabama, we got Florida, we got Georgia. I get my peaches out in Georgia.
Bank of America Representative
Who?
JV
That's it. I like my from California. Oh that's yeah. SB 1373 seeks to establish a digital asset strategic reserve fund made up by the digital assets seized through the criminal proceedings to be managed by the state treasurer. Arizona's treasurer would be permitted to invest up to 10 of the fund's total monies in any fiscal year in digital assets. The prelobidity is going up forever. Laura the Treasurer would also be able to loan the fund's assets in order to increase returns provided it done increase financial risk. However, The Senate approved SB 771373 may be a setback by the Arizona Governor Katie Hobbs, who recently pledged the veto all the bills until the legislator passes a bill for disability funding. Boo. Katie Hobbs also has a history of vetoing bills before the House and has vetoed 15 bills sent to her death this week alone. I say we fire Katie Hobbs. How do you like those apples Katie? Now Bitcoin Laws founder and Apollo CEO Julian Farrer told Cointelegraph he expects SB 1373 will pass the House, though it may merge with another crypto related bill such as the SB 1062 which aims to expand the definition of legal tender and include the cryptocurrency. Arizona is the new leader for the state bitcoin Reserve race Where yet Arizona? Let's go. SB 1373 has been passing through Arizona's legislative alongside Arizona Strategic vehicle Reserve Act SB 1025, which only includes the pre low biddy. The bill proposes allowing Arizona's treasury in the State retirement system invest up to 10 of the available funds into the Biddy. SB 1025 also passed Arizona House Committee as a whole April 1st and is awaiting a full floor vote. Send it baby. Also, we have Utah passing a bill legislation on March 7th 7th Lowe's knows.
Uber Representative
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JV
Scrapping the cornerstone provision established in the Biddy Reserve in the final reading. The Texas Senate passed Bitcoin reserve bill also on March 6, while a similar bill recently passed through New Hampshire's House. Give it up for the new hamsters. And while Arizona has seen most of the progress, Farer believes that the Texas bill is the best shot. So you're telling me there's a chance at being signed into law, Noting it has seen the fewest explicit roadblocks thus far. And if you don't know now, you know State adoption coming to a state near you. Here's the latest from Mr. OG himself, Adam Back, who many still believe is Satoshi by the way. He says quantum computers are likely to reveal if Satoshi is alive. Early cypher punk Mr. Adam back, the OG himself cited satosh and a Bitcoin white paper suggesting quantum computing pressure may reveal whether the blockchain synonymous creator is still alive. And what's your thinking? Yay or nay to Satoshi being alive? Let me know. In that live chat during the interview at the Q A session of the Satoshi Spirits event in Turin on April 18, Back suggested that quantum computing may force Nakamoto to move their bitcoin. That's because according to Back, Bitcoin hollers will be forced to move their assets to a newer quantum resistant signature based addresses powerful. Back said that the current quantum computers do not pose a credible threat to Bitcoin's cryptography, but will likely threaten it in the future. Back estimated that the quantum computers may evolve to the extent and maybe 20 years, meaning all of your bitcoin will eventually have to go to a a new updated wallet which can be hacked by quantum computing over the next 20 years, according to the OG. When the threat becomes real, Back said the bitcoin community will have to choose between depreciating old vulnerable addresses or letting those funds be stolen, quitting them here. If the quantum computers are here and people at universities and research labs have access, the network has a choice to either let people steal them or to freeze them to depreciate the signature. Adam Back expects the community to go to the form with the former option, forcing Bitcoin synonymous creator. So ultimately if Satoshi is still alive, he's going to be forced to move his funds which will verify Satoshi is alive and then naturally if he never moves it, all those coins will get lost and donated to the network and then it'll prove Satoshi is probably unalived. Still, Back said that whether such a situation will reveal if Satoshi is alive also depends on the bitcoin future privacy features. Quitting them here it depends on a bit of the technology. There are some research ideas that could add privacy to the biddy, so possibly there might be ways to fix quantum issues while keeping privacy still, not everyone is convinced that privacy enhancements are not such as a scenario would reveal whether Nakamoto was alive. An anonymous early bitcoin miner and member of the bitcoin community shared that he does not expect Nakamoto's coins to be moved as shared here. Even if he is alive and holds the private keys, I do not think he'd move them based on how he acted so far, I would rather expect to let the community to decide. And he also added that since this is a controversial choice, it makes sense to let the community decide. He said that he'd be surprised if Nakamoto came out of the woodwork to move the assets and I'm in that camp as well. I don't think he is alive and or he would move it regardless and I think he would just dedicate it to the network either way. Now the quantum resistant on bitcoin Back explained most quantum resistance signature implementations either unproven in terms of security or very expensive from a data perspective. He cited Lampour signatures for the old and proven design, but pointed out that the weight tends they weigh tens of kilobytes and consequently he suggested that bitcoin should be prepared to switch the quantum resistant signatures, but only do so when necessary necessary, which again could be 20 years from now. He suggested a Bitcoin tap root based implementation allowing addresses to switch to quantum resistant signatures when needed. And there you have it. Which goes to show you that the bitcoiners will always be ahead of the quantum computing because a common thing is like dill. We got to worry quantum computers are going to attack all hack all of our crypto. Well we'll be on top of things because we're not our targeted are we Bitty Broskis I want to share with you the latest from the gigachad including 21 Bitcoin truths which he just published on X and also this headline reads Sailor says ETF investors stronger hands will help stabilize the Bitcoin, referring to like ETFs such as Black Rock etc. So yeah, let's break this down. Bunz pointed out that the spot Bitcoin ETFs have attracted 131 million over the past 90 days and are up 2.4 billion since January 1st. He called this impressive, noting it helps explain why Bitcoin has been relatively stable. Its owners are more stable, he says. Buna said Bitcoin ETF investors have much stronger hands than most people think. He said this should increase the stability and lower Bitcoin's volatility and correlation in the long term. Sailor's firm, Strategy B made its latest Bitcoin acquisition April 14, acquiring 3,459 of the biddy for 285 million at an average price of 82, 600 per coin and according to the Sailor Tracker Strategy, holds now 531,644Btc.
Bank of America Representative
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JV
The Bitcoin Volatility Index, which measures Bitcoin's volatility over the past 30 days, is at 1.8% at the current time of publication, according to the Bitbo data and at at this time, Bitcoin is trading at around just shy of 85,000 and over the past 30 days, Bitcoin traded between 75 and 88amid macroeconomic uncertainty, primarily driven by Trump's imposed tariffs and the ongoing questions about the future of the US Interest rates. Despite this, Bitcoin remained above its previous all time high, which is roughly 73,600, first surpassed back in November. Participants in the broader financial market have also expressed surprise at Bitcoin's relative strength 10th in recent times, particularly in comparison to the S and P. And now again, I wanted to read to you the 21 truths of Bitcoin as per Michael Saylor. He recently shared this, it looks like dated April 17th. This was yesterday at 1:29pm 21 Truth to Bitcoin. Number 1 Bitcoin is an ideology. Number 2 Bitcoin is a protocol. Number 3 Bitcoin is an asset. Number 4 Bitcoin is a network. Number 5 Bitcoin is immaculate. Number 6 Six Bitcoin is ethical. Number 7 Bitcoin is a commodity. Number 8 Bitcoin is a digital commodity. Number 9 Bitcoin is digital scarcity. Number 10 Bitcoin is digital gold. Number 11 Bitcoin is digital money. Number 12 Bitcoin is perfect money. Number 13 Bitcoin is legitimate. Number 14 Bitcoin is corporate. Number 15 Bitcoin is global. Number 16 Bitcoin is immortal. Number 17 Bitcoin is digital energy. Number 18 Bitcoin is a digital energy network. Number 19 Bitcoin is a digital economic system. Number 20, Bitcoin is a digital defense system. And number 21, Bitcoin is an emerging star system. And if you don't know now, you know. As per Mikey Sailor. Now for our featured story of the day. Will the United States literally dump their gold reserves for bitcoin for their strategic Bitcoin reserve? Well, let's break this down. We've been hinting this for a while as there's many net neutral ways for the United States to acquire bitcoin. So is this the dawn of a new reserve era? From gold to treasuries to bitcoin? Let's break her down. The U S has long relied on the US Dollar and U S Treasuries as the twin pillars of its economic, fiscal and monetary strategies. But what happens when all these instruments lose their luster and become lackluster? According to the Bitcoin Policy Institute head of policy Zach Shabiro, the current current financial system is entering a historic inflection point. In a recent interview they shared with the Bitcoin Policy Hour, noting that the US Announces we are buying a million bitcoin as just a global seismic shock. In fact, we covered that in great detail yesterday that the bitcoin price they believe the Bitcoin Policy Institute would soar literally skyrocket to a million per coin just off the announcement of the U S Purchasing a million bitcoin. They say we're probably go very quickly to something like a million dollars per pretty little bitty going up forever. Laura and while the changing monetary order, a potential movement from treasuries as a reserve asset towards the bitty is largely evident for those with eyes to see, the paths that can be taken on that journey are a myra of Gold's role is the largest question mark facing the market. Recent discussions around revaluing the US gold holdings. Still officially priced at $42 per ounce, the derivatives could unleash nearly a trillion in new purchasing power should the United States decide to draw upon it. What would the U S do with that windfall? Well, the Bitcoin Policy Institute's policy thinkers are right. It might be deployed to acquire a strategic Bitcoin reserve in a budget neutral manner precisely in alignment with the remit of the Strategic Bitcoin Reserve Executive Order recently signed by the Trumpster now gold is ancient, Bitcoin is strategic. One of my favorite quotes from Max Kaiser Gold is the poor man Bitcoin, which is right in alignment here. Gold is ancient, Bitcoin strategic According to Matthew Pines, Executive Director, BPI frames the choice in stark geo economic terms. In terms of strategic leverage, there is a asymmetric advantage for the United States to having Bitcoin monetized relative to gold. Pines went to note that the US and its population owns 35 of all the bitcoin in circulation, a ratio that gives Washington serious incentive to prefer digital over metallic money. Gold, despite its historical credibility, is centralizable, expensive to transport and incompatible with the 21st century economy. And while central banks continue stacking it as a hedge against the weaponization of treasuries, its utility as a modern reserve asset remains constrained. Bitcoin, by contrast, is fast, global and increasingly liquid, a networked form of monetary energy that size steps the geopolitical choke points that define traditional finance. The post dollar world has already begun. The dollar remains dominant but fragile, according to Shapiro, citing Triffin's Dilemma, noting how the U S must increasingly choose between domestic economic goals and the international demand of the reserve currency. Issuance sanctions like Those imposed on Russia's dollar reserves in 2022 shook the global confidence in the neutrality of the US assets.
Bank of America Representative
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JV
And since then foreign central banks have responded by moving rapidly into the gold and in some cases into the pretty little bitty going up for a Laura. The treasury is becoming less of a neutral reserve asset according to Shapiro Reference escalating disorder in the bond markets and the U. S perceive politicization. What is that? Politicalization of the financial power. And I also may add the de dollarization from the US dollar such as the BRICS movement being a great example of that. Yet both he and Pine stress that the American America still has tools and bitcoin may be the most potent amongst them. By shifting revenues into the biddy, the US can reduce reliance on debt issuance. In fact, we can reduce up to 50 or more of the debt according to Lummis, just by establishing a strategic, you know, Bitcoin reserve or maybe offloading the gold and trading it for the apex predator here and securing asymmetric leverage in a digitized world. The act from a position of strength 10th in competition with a geopolitical rival such as China and Russia. And may I remind you there's only enough room for one country superpower bitcoin superpower in the world. So whatever country is going to be the first to stack 1 to 5 million bitcoin will most likely be the only one to do so and become a literal bitcoin superpower. Will it be the US Will it be China? Will it be Russia? What are your thoughts? The strategic bitcoin reserve, is it a national imperative? Yeah, man. Under the executive order now got in the Trumpster administration, the bitcoin strategy departments like the treasury and Commerce are already exploring the budget neutral pass. Michael Saylor already laid out a dozen plus viable options for the administration to acquire bitcoin and one of them is revaluing their gold holdings. And also we need to do the audit already at Fort Knox to understand if we even have it. And also selling surplus federal assets which could include real estate, gold and spectrum rights. Also what about just printing money out of thin air and trading it for the hardest asset in human history or using tariff revenues or royalties. In fact, we can reduce the entire national debt using any of these methods as well. Pines emphasizes the urgency of the institutional execution. She says words matter, especially when they come from the White House. He said my bad. And an executive order stating bitcoin is strategic, it itself is a global signal. However, you also heightened the bureaucratic Inertia as the real challenge. Obviously there's still enemies of bitcoin. There's a massive difference between the speed at which the White House wants to move and the ability of the federal bureaucracy to follow Yamin now from theory to detonation the global fallout the US with the bitcoin pivot. If America were to allow through on larger acquisition of the biddy the effects would be both immediate and far reaching. Other nation states will see that they can't be left behind sparking the global hash wars. Coin by Max Kaiser and I think that's just a given. Would that spark Russia and China to try to get the first movers advantage becoming the bitcoin superpower of the world? I think so. Both Shapiro and Pines agree. Whatever your view on the triffin's dilemma or the monetary policy history, bitcoin is now too strategic to ignore. Bitcoin is indispensable. Wherever we're going next it's going to help us get there. So whether the US will truly dump gold is yet to be determined. I think it's likely. What are your thoughts? But the quote the late Charlie Munger show me the incentives and I'll show you the outcome. The incentives given the U. S and China competition, the game theory and America's relative dominance with regards to the domestic bitcoin holding suggests and about face on gold would very well be on the cards. But you let me know obviously we hold the cards, not China. China doesn't hold the cards. We hold the cards. Nipinator holds the cards. So let me know your thoughts family and I'll read your comments out loud. And welcome everyone to the q A segment of the live stream. Trump just gave back the lands to some of the tribes of the NW Good. That means the indigenous people got some of their lands back. That's a step in the right direction. Please such be there is no way any country can amass 5 million big what if it was a long term strategy brother, like a 10 year play or something and they're like so what would that be? A half a million bitcoin per year in my opinion would be very doable because Michael Saylor purchases an insane amount of bitcoin. I don't know how he does it but he gets his hand on sometimes $2 billion worth of Bitcoin in a single week. So if they can do it, why can't America do it? Chickadee, China. Chickadee, chickadee, chickadee, chickadee. Exactly how many bitcoins are there? 14 million 1.1 held in the original satoshi wallets and there has never moved. 3.6 hasn't made to be permanently lost. 1.5 million had to be mine. Who's selling 5 million to anyone? Well, I would dare assume there's probably 2 million on the exchanges. Is there a number out there you can verify? So let's just say 2 million are in the open market right now. Swoop US buys them, they trade their gold reserves for it and then they have a long term plan to acquire. Just hypothetically speaking, if they were to go the route of purchasing 5 million, which is 25 of the circulating supply and then over the course of the next few years they acquire some more, I mean as fast as they can get in, who knows, maybe they're going to seize it from the next batch of criminals because that's currently how the United States has acquired all their bitcoin, because they seize it from the other criminals. So we got criminals seizing bitcoin from other criminals. But we need to change that and they need to start acquiring it strategically, not just from stealing it. And don't forget to check out crypto news alerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. How bottom.
Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Episode 1966: “Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve”
Release Date: April 18, 2025
Host: Justin Verrengia (JV)
In episode 1966 of Crypto News Alerts, host JV delves into several pivotal developments within the cryptocurrency landscape. The episode, titled “Here’s WHY USA Will Dump Gold to Buy Bitcoin for Strategic Reserve,” explores the potential shift of the United States from traditional gold reserves to a strategic Bitcoin reserve. Additional topics include Bitcoin technical analysis, the adoption of Bitcoin by Swiss supermarkets, legislative advancements in Arizona, and the implications of quantum computing on Bitcoin’s future. The episode is rich with insights from industry experts like Adam Back and Michael Saylor, offering listeners a comprehensive view of the current and future state of Bitcoin.
Timestamp: [00:58]
JV kicks off the episode with a thorough market overview:
Notable Quote:
"Bitcoin dominance is coming in today at 62.9. The apex predator." – JV [00:58]
JV emphasizes that while many altcoins are in the green, the top cryptocurrencies are correcting, reflecting broader market sentiment.
Timestamp: [10:00]
A significant highlight of the episode is the news that Spar Supermarkets in Zug, Switzerland, has begun accepting Bitcoin payments via the Lightning Network. This move positions Switzerland as a frontrunner in mainstream crypto adoption, with over 10,130 stores across 48 countries now facilitating Bitcoin transactions.
Key Points:
Notable Quote:
"Bitcoin adoption amongst the retail giants with a global presence may increase mainstream trust in crypto payments." – JV [12:03]
Timestamp: [14:00]
A landmark legislative development is the passage of the Arizona Crypto Reserve Bill (SB 1373) by the House committee, moving it to the third reading for final approval. This bill aims to establish a Digital Asset Strategic Reserve Fund managed by the state treasurer, allowing investment in Bitcoin up to 10% of the fund’s total assets annually.
Key Points:
Notable Quote:
"SB 1373 seeks to establish a digital asset strategic reserve fund made up by the digital assets seized through the criminal proceedings to be managed by the state treasurer." – JV [15:10]
Timestamp: [17:30]
The episode features an in-depth discussion on the potential threat of quantum computing to Bitcoin’s cryptographic security, featuring insights from Adam Back, a renowned Bitcoin OG.
Key Points:
Notable Quotes:
"Quantum computers are likely to reveal if Satoshi is alive." – Adam Back [17:35]
"Bitcoin is fast, global, and increasingly liquid, a networked form of monetary energy that steps over the geopolitical choke points that define traditional finance." – JV [28:32]
Timestamp: [22:00]
Michael Saylor contributes to the discussion by outlining 21 Truths of Bitcoin, emphasizing Bitcoin’s multifaceted role as an ideology, protocol, asset, and more. Additionally, Bunz analyzes the impact of ETF investors on Bitcoin’s market stability.
Key Points:
Notable Quote:
"Bitcoin is an emerging star system." – Michael Saylor, as summarized by JV [22:58]
"ETFs have attracted 131 million and are up 2.4 billion since January 1st. This helps explain why Bitcoin has been relatively stable." – Bunz [22:58]
Timestamp: [24:00]
The core focus of the episode revolves around the United States potentially shifting its strategic reserve from gold to Bitcoin. This analysis is backed by insights from the Bitcoin Policy Institute and Matthew Pines, Executive Director of BPI.
Key Points:
Notable Quotes:
"Gold is ancient, Bitcoin is strategic." – JV [27:00]
"Bitcoin is now too strategic to ignore. Bitcoin is indispensable." – JV [28:32]
"The incentives given the US and China competition, the game theory and America's relative dominance with regards to the domestic Bitcoin holding suggests an about face on gold would very well be on the cards." – JV [28:32]
Timestamp: [28:50]
In the live Q&A segment, JV engages with listeners on the feasibility of the US acquiring up to 5 million Bitcoins as part of its strategic reserve.
Key Discussions:
Notable Quote:
"If they can do it, why can't America do it?" – Listener during Q&A [28:32]
Episode 1966 of Crypto News Alerts provides a compelling exploration of the evolving landscape of Bitcoin adoption, legislative advancements, and strategic financial shifts. The potential move by the United States to adopt Bitcoin as a strategic reserve asset marks a significant milestone in cryptocurrency’s journey towards mainstream acceptance and geopolitical significance. Insights from industry leaders and detailed technical analyses underscore the critical developments shaping Bitcoin’s future.
For those seeking to stay informed with the latest in cryptocurrency news and in-depth analyses, Crypto News Alerts remains a premier source of information in the rapidly changing crypto ecosystem.
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