2234: Tucker Carlson Confronts Peter Schiff: Is Bitcoin the Next Global Reserve?

Summary

---

Bitcoin News Alerts | Daily BTC News

Episode 2234: Tucker Carlson Confronts Peter Schiff: Is Bitcoin the Next Global Reserve?

Date: January 27, 2026
Host: JV (Bitcoin News Alerts) with Fed Chair Nipinator

---

Overview

This episode centers on several breaking Bitcoin and crypto industry developments, but the highlight is a spirited analysis of the much-discussed recent debate between Tucker Carlson and Peter Schiff on whether Bitcoin could become the world's next global reserve currency. The episode delivers raw market commentary, macroeconomic updates, and the hosts’ signature unfiltered banter, with hard-hitting opinions on Bitcoin, regulation, banking adoption, and the classic “Bitcoin vs. Gold” argument.

---

Key Topics and Insights

1. Bitcoin Market Update & Sentiment

• Current Price: At recording, Bitcoin was trading at ~$88,500, “finally back in the green” after volatility (00:57).
• Market Trends:
  • Continues to trade sideways, marked by fleeting green candles instantly corrected by red, “barely in the green as well, up 7% on the day” (01:47).
  • The crypto market cap is “climbing but barely,” at $2.97T (01:58).
• Market Sentiment:
  • Crypto Fear & Greed Index at 29 (“fear”), lower than last week’s “extreme fear” (02:15).
• MACRO Context:
  • “Fudsters are really impacting the market right now, especially with the government shutdown looming.” (04:25, Nipinator)
  • Gold and silver “breaking out” while Bitcoin shows weakness: “Ironic enough gold and silver have been breaking out, which we’ll dive into here shortly.” (04:33, Nipinator)

---

2. Bitcoin vs. Silver & Technical Trends

• Bearish Crossover Signal:
  • Bitcoin’s 21-week EMA crossing under the 50-week EMA, reminiscent of 2022’s bear market start.
    • “REC Capital revealed a bearish crossover... Bitcoin raising fresh questions over the new bear market beginning.” (05:21, JV)
    • Last occurred in the “collapse of FTX,” driving Bitcoin below $18K (06:09).
• Bitcoin vs. Silver:
  • “Bitcoin now back at levels seen at the end of the last bear market when the collapse of the major crypto exchange FTX [...] Meanwhile, Caroline Ellison [...] is a free woman now, believe it or not.” (06:41, JV)
  • Noting both assets have soared in USD terms but, “the real reason for the moves: depreciation in fiat. And there you go yo.” (07:41, JV)

---

3. Bitcoin Hash Rate Hit by US Winter Storm

• Major Drop:
  • Hash rate fell “more than 40%” over two days due to extreme winter weather forcing miners offline to stabilize the grid. (07:50)
  • “Approximately 40% of the global bitcoin mining capacity has gone offline in the past 24 hours” (08:57, JV)
• Quick Recovery:
  • “It can scale down quickly when needed and resume just as fast” (10:50, Nipinator)
• US Mining Importance:
  • US provides “38% of the global hash rate” (11:09), “137 crypto mining facilities [are] known right in the US” (11:16)

---

4. Tether Launches “USAT” – US-Compliant Stablecoin

• USAT Launch:
  • “Tether, as you know, the largest stablecoin by market cap, has just launched the US Dollar pegged stablecoin built specifically to operate within the US” (12:56, JV)
  • Compliant with the “GENIUS Act,” a new federal stablecoin framework effective July 2025.
  • CEO Bo Hinds (formerly Trump’s crypto advisor).
  • Launched as ERC20 with $10M supply, expected on several exchanges except Coinbase.
• Significance:
  • “USDT has proven for more than a decade that digital dollars can deliver the trust, transparency and utility at a global scale. And there you go.” (14:56, JV)
  • “With the launch of the USAT we see the digital dollar that is designed to meet the federal regulatory expectations of the lizard folk.” (15:10, JV)

---

5. Japan’s First Spot Bitcoin ETF by 2028

• Regulatory Shift:
  • Japan may list its first spot crypto ETF as early as 2028, marking “a major shift in the country’s regulatory approach” (15:27)
• Industry Preparation:
  • “Japanese giant Nomura holdings and SBI are preparing to develop the country’s first crypto ETFs. My understanding is SBI holdings is the largest bank out of Japan.” (16:43, JV)
  • Discussion about planned ETF: “allocate 51% to gold and 49% to digital assets to mitigate investment risks.” (16:58, Nipinator)
• Potential Impact:
  • Could reach “1 trillion yen worth 6.4 billion USD” in net assets; Japan working on tax reform for crypto (17:41)

---

6. 60% of Top US Banks Preparing for Bitcoin

• Wide Adoption:
  • “That’s more than half of the top US banks either starting to offer or announcing plans to offer Bitcoin related services such as trading or custody.” (19:37, JV)
  • “One CEO of a top 10 global bank told me crypto is their number one priority and they view it as existential.” (20:07, JV quoting Coinbase CEO Armstrong)
  • Major banks named: JP Morgan, Bank of America, Citi, Wells Fargo, Goldman Sachs.
• Bank Skepticism:
  • Some banks critical of “yield bearing stablecoins,” worried about financial system risks (22:11), still cautious on offering BTC services.

---

7. Feature Segment: Peter Schiff vs. Tucker Carlson on Bitcoin as Reserve Asset

• Schiff’s Position:
  • “Bitcoin is a speculative instrument with no actual use case...” (23:19)
  • Claims US strategic reserve proposals are “bailouts for early adopters” (23:31).
  • Dismisses Bitcoin as a reserve asset: “Bitcoin strategic reserve is really just a bitcoin bailout fund trying to use taxpayer money…” (25:37).
  • Argues both BTC and fiat are “faith based,” but central banks need commodities with real use—unlike BTC (25:55).
• Tucker’s Counterpoints:
  • “Why is it throwing it away and why betting on bitcoin is any different than buying a gold stock or something?” (24:13, Carlson)
  • Interrupts Schiff’s “no real use” argument, pressing him on whether gold actually creates more value than BTC (24:37)
• Memorable Quotes:
  • “Gold is a poor man’s bitcoin. Deal with it, Schiff.” — JV (24:00)
  • “Bitcoin is never going to earn money in the future. It is a non income producing digital asset has got nothing in common with gold.” — Schiff (24:45)
  • “How’s that different from buying gold? You’re not making anything, you’re not making anyone’s life better.” — Carlson (24:37)
• JV Commentary:
  • JV sides with Tucker, challenges Schiff’s anti-Bitcoin stance, and jokes, “Now that gold is on an all time high and Peter’s on a cloud, he’ll be able to talk his shit and I want to hear Max [Keiser] debate him.” (27:55)
  • Predicts if Bitcoin attained reserve status: “Bitcoin market cap heading to 35 trillion.” (27:01)

---

8. Community and Watch Unboxing

• Coin Vigilante Watch:
  • JV does a detailed unboxing and review of a limited edition Bitcoin-themed watch.
  • “What’s cooler than being reminded of Bitcoin’s transparency every time you look at your wrist, you know?” (34:10, JV)
  • Praises its “scarcity built in,” and “super impressed... means more than any other watch if you’re in Bitcoin.” (32:43)

---

Notable Quotes with Timestamps

Market Sentiment:

“Fudsters are really impacting the market right now, especially with the government shutdown looming.”
— Nipinator (04:25)

Bitcoin vs. Gold:

“Gold is a poor man’s bitcoin. Deal with it, Schiff.”
— JV (24:00)

Schiff Criticism:

“Bitcoin is a speculative instrument with no actual use case and warn that proposals for the U.S. strategic reserve amount to a taxpayer funded bailout for early adopters.”
— JV summarizing Peter Schiff (23:24)

Tucker’s Challenge:

“How’s that different from buying gold? You’re not making anything, you’re not making anyone’s life better.”
— Tucker Carlson (24:37)

On Bitcoin as Reserve:

“Bitcoin strategic reserve is really just a bitcoin bailout fund trying to use taxpayer money. [He] argues both Bitcoin and Fiat are ultimately faith based, but that the central banks cannot rely on the bitty because it has no not no monetary demand which would collapse if they have ever tried to liquidate it at scale scale. By contrast, he calls gold the real money and a valuable commodity...”
— JV summarizing Schiff (25:55)

Banking & Institutional Adoption:

“One CEO of the top 10 global bank told me crypto is their number one priority and they view it as existential. Existential meaning they got to hop on board [or] be left behind...”
— JV quoting Brian Armstrong (20:07)

---

Timeline of Important Segments

| Segment | Topic | Timestamp | |-----------------------|--------------------------------------------------------------|-------------| | Market Update | BTC price & sentiment, macro headwinds | 00:57-05:13 | | BTC vs Silver | Bearish cross, FTX comparison | 05:13-07:43 | | Hash Rate Dip | US winter storm impacts mining | 07:50-12:46 | | Tether’s USAT Launch | Compliance-focused. US stablecoin, role of GENIUS Act | 12:46-15:27 | | Japan Spot ETF | Regulatory shift, timeline for BTC ETF | 15:27-18:21 | | US Bank Adoption | 60% of major banks entering BTC services | 19:37-23:05 | | Schiff vs. Tucker | Reserve currency debate, gold vs. bitcoin | 23:07-27:55 | | Coin Vigilante Watch | Live unboxing and BTC culture shoutout | 28:52-34:58 |

---

Tone and Closing

• The episode remains characteristically lively and irreverent, filled with Bitcoin maximalist energy, sarcastic asides, and clear disdain for “FUD” and traditional banking “cartels.”
• The Carlson-Schiff debate is presented as a microcosm of the ongoing Bitcoin vs. gold—and old money vs. new money—culture war.
• JV closes by advocating for a future Max Keiser vs. Peter Schiff debate and shifting into a community segment.

---

Summary Takeaways

• Bitcoin remains volatile but resilient, and macro/political FUD continues to sway risk appetite.
• Schiff insists Bitcoin is “pure speculation,” Tucker pushes back, JV sides solidly with Team BTC, declaring gold’s era as monetary king is ending.
• Institutional and regulatory progress marches forward worldwide, with Japan preparing for its first ETFs and over half of US top banks integrating Bitcoin.
• Hash rate fluctuations demonstrate the flexibility and robustness of Bitcoin’s mining ecosystem.
• Community and culture, exemplified by niche Bitcoin watches, are seen as crucial to Bitcoin’s growing appeal and daily life integration.

---

For further discussion and participation, check out the video stream and Q&A at bitcoinnewsalerts.net.
HODL!

Transcript

[Shopify Ad Voice]

When it's time to scale your business, it's time for Shopify. Get everything you need to grow the way you want. Like all the way. Stack more sales with the best converting checkout on the planet. Track your cha chings from every channel right in one spot and turn real time reporting into big time opportunities. Take your business to a whole new level. Switch to Shopify. Start your free trial today. RingCentral's AI receptionist uses Voice AI to answer on the first ring so you'll never miss a call again. In just a few minutes you can personalize your own AI receptionist to answer questions, route calls, schedule appointments, and even send texts in multiple languages. Plus, it's easy to scale. Create unlimited AI receptionists across any phone system. It's all powered by one reliable platform for effortless AI communications. See for [e-mail] Ring Central Voice of.

[JV]

Your business, welcome Bitcoin Fam to number one Bitcoin pod. Bitcoin pumping back in the green. We're trading at 88.5 at a time of the live we'll be discussing Bitcoin Trendline Cross mimics 2022amid this insane Bitcoin versus silver breakdown. We'll also discuss the Bitcoin hash rate briefly drops to mid 2025 levels amid the US winter storm. Also tether rolls out USAT and as genius compliant US stablecoin via Anchorage. We'll also be discussing Japan to list the first spot crypto ETF as early as 2028 the year the next having. Also 60% of the top US banks are already geared up for Bitcoin according to River. Very bullish. Also Tucker Carlson presses Peter Shiff on Bitcoin as the new global reserve currency will be sharing the infamous gold gold versus Bitcoin debate. We'll also be taking a look at the overall crypto market. All this plus so much more right here in today's show. Today is Pot Episode 2234. I'm your host JV alongside Fed Chair Nipinator. Bitcoin finally back in a green. Trading just above 88,000 at the time of the live. Let's kick it off with our market watch as we do each and every day. You can see coin 360 on your screen. Bulk of the market back a pumping but barely. I mean ether up two and a half percent looking to reclaim 3,000. Bitcoin you know it's barely in the green as well up 7% on the day. Check it out coinmarcap.com the market cap back on the Climb but barely still seems stagnated. Yo, it's 2.97 trillion Bitcoin Market Cap $1.759 trillion Top 100 Gainers Hyper Liquid Pump fun in Chili's Checking out Crypto Greed fear index today is a 29 fear yesterday 20 extreme fear last week 32 fear last month 24 extreme. Check it out. Time chain calendar. We're on block height 933,996 and you can receive or exchange one fiat monopoly dollar for 1134 SATS, which ultimately means.

[Nipinator]

Pick up the sats, put down the.

[JV]

Gats, pick up some bitcoin gaps from my man Sergio over@big caps.net pulling up some of the live charts. As you can see here, big green candle on the hourly and followed by a corrective candle removing all the recent gains of the past hour. So it's like bitcoin trying to break out. We just surpassed 885 insta corrected right back down the following hour. Crazy but this has been bitcoin of recent unfortunately checking out the four hour. You also notice we started making an ascension 1, 2, 3, 4 like seven out of eight candles in the green and then we insta correct right back down. Continue to trade sideways. Checking out the daily. We should be in the green today.

[Nipinator]

No, we were in the green earlier but now it's reversed in the red.

[JV]

Good lord. Yesterday we had a green day. No dookie day before. Big red candle downwards. Unfortunately as the correction continues. Checking out the weekly only a few.

[Nipinator]

Days into the week, but we are.

[JV]

In the green thus far. We had a nasty red candle for.

[Nipinator]

Last week so hopefully we could, you know, create some gains.

[JV]

But I know a lot of the.

[Nipinator]

Fear, uncertainty and doubt, you know, the.

[JV]

Fudsters are really impacting the market right now, especially with the government shutdown looming.

[Nipinator]

People are panicked and that typically hurts risk own assets. Even though ironic enough gold and silver have been breaking out which we'll dive into here shortly.

[JV]

So now for the monthly January. Yo. We were in the green for the bulk of the entire month and it's so minuscule you could barely see the green line.

[Nipinator]

It's practically a break even right now at this point of 88.

[JV]

So we have a couple of more days with three days left to determine.

[Nipinator]

If we get a green candle for the month of January or not. Do you think we'll continue to trade sideways, you know, or do you think.

[JV]

We'Ll have some form of a breakout?

[Nipinator]

Whether to the upside or to the downside? Do let me know and next up.

[JV]

Bitcoin trend line cross mimics at 2022amid.

[Nipinator]

This insane Bitcoin versus silver breakdown I'll break it down for you.

[JV]

REC Capital revealed a bearish crossover involving.

[Nipinator]

Two key trend lines for the biddy.

[JV]

Bitcoin raising fresh questions over the new bear market.

[Nipinator]

Beginning after the 21 week exponential moving average cross beneath the 50 week equivalent. The event which completed the latest weekly.

[JV]

Damn candle close occurred in April of 2022.

[Nipinator]

The Bitcoin bull market emas have officially crossed over as pointed out here by REC Capital checking out the one week chart. Now 2022 was Bitcoin's last true bear market year. That was like the collapse of FTX going bankrupt, the Terra Luna scandal and scandal after scandal. It was crazy. Bitcoin crashed like 18 GS and it had an all time high in 2021 I believe back in November it was 69 G and then we crashed and wrote it all the way down to.

[JV]

Like 18 which was wild or it says act actually even lower than I anticipated. It says 156 was the local bottom. That's pretty wild. The MA cross how now triggered for the first time in four years lending weight to the 2026 following a four year pattern produced in the textbook bare market. Now despite debate over the four year cycle Val the lackluster price of Q4.

[Nipinator]

2025 bottom targets include a battle for.

[JV]

65G'S now the Bitcoin vers silver echoing.

[Nipinator]

The 2022 bare market bottom Dan Crypto.

[JV]

Trades drew attention to the bitcoin overall weakness against the precious metals, specifically silver measured against silver.

[Nipinator]

Bitcoin now back at levels seen at the end of the last bar market when the collapse of the major crypto exchange FTX sparked a massive crypto crash. Meanwhile ALAM research woman, what's her name? Caroline Ellison. The one with the grippy from Mississippi. She's a a free woman now believe it or not. And Bankman Free is trying to get a pardon from the Trumpster. Probably living it up with the diddler. No Diddy, actually very much diddy. Bitcoin now trading FTX collapse levels relative to the silver.

[JV]

It has also taken silver about half.

[Nipinator]

The time to make the move compared.

[JV]

To the bitcoin entire bull trend.

[Nipinator]

This cycle we're getting to the 20172020 levels. We're on the bitcoin silver ratio. I mean look at a chart right here. The post acknowledged both bitcoin and silver had major gains in US dollar terms since that time regardless of the current ratio readings. That's right the dollars. The the ultimate coin is what they're saying.

[JV]

Which also just shows what the real.

[Nipinator]

Reason is for the moves. Depreciation and fiat. And there you go yo Regarding the hash rate.

[JV]

Yes please Bitcoin hash briefly drops to the mid-2025 levels mid a US winter storm bitcoin hit a 7 monon low over the weekend as a massive winter storm bombarded the US with snow and ice, pushing miners to curtail operations to stabilize the energy grid. American weather forecast company ACCU Weather reported on the Monday Massive winter storm affected three dozen states over the weekend. That's 12, 24, 36 the widespread snow, the ice, power outages affecting 1 million energy customers. Data from Coin wars shows the D network hash rate began to drop Friday and by Sunday hit 663exah hashes per second, more than 40% slump in hash rate across two days. However, it has since begun to recover and sit around 854exahashes per second as of Monday. Approximately 40% of the global bitcoin mining capacity has gone offline in the past 24 hours due to the extreme winter weather. Now check it and energy demand surges. Some mining operations reduce the activity to ease the pressure on the regional power systems and support the critical infrastructure.

[Trust and Will Ad Voice]

You know, this is one of those topics that no one really wants to think about. But if you're a parent, a homeowner, married, or helping take care of aging parents, it's something that honestly deserves a little attention. I'm talking about estate planning, and before you tune out thinking it's complicated or expensive, that's actually why I want to mention trust and will. Trust and will makes estate planning feel way less intimidating than it sounds. They offer modern attorney designed wills and trusts that you can create online, and the process is surprisingly straightforward. In fact, you can create a will in as little as 30 minutes that includes things like guardianship for your kids or pets, how your assets are distributed, and even healthcare directives. Don't wait until it's too late. Protect your loved ones with Trust and will, the most trusted name in online estate planning. Go to trustandwill.com future to get 20% off. That's trustandwill.com future for 20% off. Trustandwill.com F U T U R E.

[Vanta Ad Voice]

Your software needs to be compliant to win deals, but you also need your engineers focused on building your product, not pulling SOC2 evidence. Enter a third option. Make Vanta your first security hire. Vanta uses AI and automation to get you compliant fast Simplify your audit process and unblock deals so you can prove to your customers that you take security seriously. Plus Vanta scales right along with you backed by support that's there when you need it every step of the way. That's why top startups like Cursor, Linear and Replit use Vanta to get and stay secure. Don't sock block your best engineer, set them free and get compliant fast with Vanta. Get [e-mail] this flexibility like Bruce Lee.

[Nipinator]

Is a built in strength for the bitcoin mining. It can scale down quickly we need and resume just as fast we when.

[JV]

It conditions allow the US contributes the largest amount of the world's bitcoin mining power as you should know with bitcoin.

[Nipinator]

Mining data platform Hash rate index estimating.

[JV]

The country contributes 38% of the global.

[Nipinator]

Hash rate here in the United States of America. And a 2024 report from the Fed.

[JV]

Also found there were upwards of 137 crypto mining facilities I guess known right in the US Bitcoin miners help stabilize the power grid through the load. Imagine if Nikola Tesla was alive during bitcoin. You know that mofo discovered free energy a hundred years ago.

[Nipinator]

He'd be mining all the bitties. Free bitties, no ditties.

[JV]

Just saying I gotta throw that out there. Free energy, zero point energy baby. Look it up. Miners can set their new wind or solar installations and ramp up to soak up surplus power. Shut down when the grid. The grid tightens like the grippy from Mississippi on Caroline Ellison Just saying. Bitcoiners such as Daniel Batten, a Bitcoin Environmental social governance researcher, said Monday Bitcoin mining and demand response work together in Texas stabilize the grid amid the extreme weather. And I ain't talking Floyd Mayweather here, we're talking the weather. The storm also slowed the daily bitcoin production from some of the US's largest miners, according to crypto quant citing data from analytics platform. Some of the largest miners of the US, which include Marathon Digital holdings, dropped from mining 45 Bitcoin the day prior down to 7. So my understanding is AI is taking some of this supply and there's like a fight between bitcoin and AI, you know, the energy production right now, which would also explain a reduction in the hash rate. And this is something that was prophesied by the High priest Mass Kaiser. So I just want to throw that out there.

[Nipinator]

Let's continue. Next story of the day. Tether rolls out the USAT as the genius compliant US stable COIN via The Anchorage. That's right.

[JV]

So yeah, Tether. As you know, the largest stable coin.

[Nipinator]

By market cap that we're referring to.

[JV]

USDT has just launched the US Dollar.

[Nipinator]

PEG stablecoin built specifically to operate within the US following the initial announcement last.

[JV]

Year, Tether confirmed Tuesday.

[Nipinator]

That was a taco Tuesday, the formal market launch of the USAT stablecoin with Anchorage Digital bank serving as the issuer. Tether described the USAT as a federally regulated dollar back stablecoin designed to function under the GENIUS act, which established the first federal framework for the payment stable coins in the US in July of 2025. In last September's announcement, Tether revealed that Bo Hinds, who previously led Trump's crypto advisers on digital assets, would assume the CEO role of Tether USA at and according to the coin mar data, USAT launched with a 10 million supply as an ERC20 token, which means it's on the Ethereum blockchain Yo and at launch. Tether's new stable is expected to be available on several exchanges including Bybit, Crypto.com, kraken, OkX and a moon Pay. I take it it's not going to be available on Coinbase because they have their own stable coin they're promoting, right? USAT now available to the US users seeking dollar back token. I wonder if it will be legal tender then in El Salvador as currently USDT is, but I guess it wouldn't make sense if it's specifically for the US So I just answered my own question. I'm a genius. Anyways, Tether announces the launch of the USAT Federal dollar back stable coin Made in America. We love you now. The announcement highlights the operational maturity of the Tether as operators of the world's largest stablecoin US to the D to the table as well as compliance with a framework designed for America's most demanding institutions. I demand talking to Samson. USAT offers institutions an additional option the dollar back token Made in America. USDT has proven for more than a decade that digital dollars can deliver the trust, transparency and utility at a global scale. And there you go. Here's their CEO Paolo. Very proud of the USAT team. It's actually cool name because it's you set kind of like a sat a Satoshi however has nothing to do with satoshi so I take that back. With the launch of the USAT we see the digital dollar that is designed to meet the federal regulatory expectations of the lizard folk. Our focus is stability, transparency, responsible governance, ensuring that the US continues to lead in the dollar innovation sensation. And there you go yo tether doing.

[JV]

Big things next Story of the Day Japan to list the first spot crypto ETF as early as 2028 year of the Haven here's the latest the greatest On Monday, news outlet Nik Asia reported Japan's first crypto ETFs could be listed as early as 2028, offering retail investors easier access to Bitcoin. It's kind of like mindboggling that Japan, who's so advanced, don't already have ETFs. But this is very bullish. Obviously there's a lot of capital coming out of Japan and you already know about the uncary trade we talk about all the time. This would mark a major shift in the country's regulatory approach to digital asset products. Japanese regulators, Konichiwa have been cautious of the crypto funds. Their agency fsa repeatedly express its reservations about investment products. The FSA plans to amend the Investment Trust Act Enforcement order to include crypto in the list of specified assets for ETFs. Additionally, the agency will propose stronger safeguards to protect investors to McKay added. Now, ahead of the regulatory changes, Japanese giant Namora holdings and SBI are preparing to develop the country's first crypto ETFs. My understanding is SBI holdings is the largest bank out of Japan. In August, SBI filed to launch the etf. So that would be their version of.

[Nipinator]

JP Morgan Chase launched the ETF linked.

[JV]

To both Bitcoin and xrp. Wow, so that's their first choice.

[Nipinator]

Even over Ether.

[JV]

They prefer XRP as well as a.

[Nipinator]

Digital Gold Crypto ETF. Getting in the gold business, which would.

[JV]

Allocate 51 of the gold and 49.

[Nipinator]

To digital assets to mitigate investment risks. And as reported, Japan's Minister of Finance Satsuki. Wow, that's definitely a bitcoiner name Satsuki. That's a dope name. Katayama highlighted. Earlier in the month, U S crypto ETFs have expanded as a means for citizens to hedge against inflation because there is an inflation sensation. And in her New Year's address at the Stoko Tokyo Stock Exchange we had oh, so there's a woman. Good to note.

[JV]

Katayama supported a potential launch of crypto based investment products, suggesting similar initiatives to those of the US which would be pursued by the Japan Notably, US approved the first wave of the ETFs. As you know, January 11, 2024 based on Bitcoin first and then eventually they launched the Ether ones and as of January 23, Bitcoin funds total net assets amount to 115 billion. Also, Nik noted, Japan's asset management industry estimated that Japanese crypto ETFs could eventually reach 1 trillion yen worth 6.4 billion of the USD. Japanese authorities have been reviewing their regulatory system over the past years, developing customer fund safety policies to allow innovation in a more reliable environment. Also last year, Liberal Democratic Party of the Japan Innovation Party published their upcoming FY2026 tax reform. The tax reform set to introduce significant changes to the existing taxation system.

[Nipinator]

All I gotta say, taxation is theft.

[Vanta Ad Voice]

Your software needs to be compliant to win deals, but you also need your engineers focused on building your product, not pulling SOC2 evidence. Enter a third option. Make Vanta your first security hire. Vanta uses AI and automation to get you compliant fast. Simplify your audit process and unblock deals so you can prove to your customers that you take security seriously. Plus, Vanta scales right along with you, backed by support that's there when you need it every step of the way. That's why top startups like Cursor, Linear and Replit use Vanta to get and stay secure. Don't sock block your best engineer. Set them free and get compliant fast with vanta. Get started advanta.com oh yeah, I mean.

[JV]

I can go on here but you get the gist. It's going to be a big year in Canada I guess when they launch.

[Nipinator]

These ETFs and ETPs again.

[JV]

Still a little shocking that they have.

[Nipinator]

Yet to do it because usually at.

[JV]

That their forefront of innovation.

[Nipinator]

But you know every dog has his.

[JV]

Day and we all pay for Bitcoin.

[Nipinator]

At the price we deserve. Baby baby.

[JV]

60 of the top US banks are geared up for the Bitcoin according to river. That's right. That's more than half of the top US banks either starting to offer or announcing plans to offer Bitcoin related services such as trading or custody. Now Monday river shared a list of the top 25 institutions operating in the.

[Nipinator]

U.S. saying 60% of the top U.S. banks are in Bitcoin and want to talk to SAMs. On Saturday, Coinbase CEO Armstrong said a.

[JV]

Key takeaway from the times of the.

[Nipinator]

Davos Switzerland forum was held January 19 till January 23. Was was the bank and CEOs becoming friendlier towards crypto. All I gotta say I don't trust any bankers and nobody can change my mind. Especially central banking cartels. They're very evil you know. But out of the unnamed bank and CEOs he met, Armstrong said most of them are actually very pro crypto and leaning into as an opportunity. Some aren't quite there yet. One CEO of the top 10 global bank told me crypto is their number one priority and they view it as existential. Existential meaning they got to hop on board to be left behind. Here you can see the bitcoin products for the top 25 banks of the US right now. Number one, Epstein's banking institution, JP Morgan Chase, then two bank of America I believe the roots behind that is the Rockefeller cartels. Then you got City Group, then the Wells Fargo, the Goldman Sachs, the Morgan Stanley, the US bank and the list goes on. Some U S banks were previously accused of being anti crypto. Yeah. And allegedly complicit in actions such as so called operation choke point 2.0. Yeah. A government effort of the bank crypto companies. Yeah. JP Morgan at the top of the.

[JV]

List and the latest edition, that's why they're currently being sued. Uh, JP Morgan uh, is being sued by Donald Trump for $5 billion for debanking his family and spreading FUD. But that's what banksters do. The latest edition of the river list Swiss bank and giant UBS operates to the US reportedly exploring opening up the bid and ether trading to the wealthiest clients. And amongst the big four US banks JP Morgan again the official banking institution of Epstein and the clients had announced it's considering adding crypto trading. About time Jamie. Wells Fargo offers services like bitcoin back loans. Institutional clients and city groups exploring institutional crypto custody services. Combined these three banks hold over 7.3 trillion in assets.

[Nipinator]

A lot of money.

[JV]

However, banks are still not fully on board with all the aspects of the crypto. They have been some of the loudest critics of the yield bearing stable coins and you know the stance on why that is. I cover it all the time fearing they could pose significant risk to the financial system. Yeah, people would rather earn a bigger yield in their digital currency than store digital dollars at the bank where they're.

[Nipinator]

Virtually losing money like a melting ice cube due to the debasement of the dollar and hyperinflation sensation. Bank of America and the other members of the big four group of the.

[JV]

US and the second largest US bank overall has yet to announce any plans for the bitcoin services. Forbes estimates assets are over 2.6 trillion. While the next two large banks on the Forbes list have yet to reveal any interest in bitcoin services including Capital one which has 700 billion in assets.

[Nipinator]

And Truist bank which holds $536 billion.

[JV]

Now for our feature story of the.

[Nipinator]

Day, Tucker Carlson presses Peter Schiffmeister on Bitcoin as the new global reserve currency.

[JV]

That's right. In a new interview with U.S. media.

[Nipinator]

Personality Tucker Gold advocate Peter renewed his.

[JV]

Attack on the bitty and the broader crypto industry. Speaking on Tucker's show, he argued Bitcoin.

[Nipinator]

Is a speculative instrument with no actual use case and warn that proposals for.

[JV]

The U.S. strategic reserve amount to a.

[Nipinator]

Taxpayer funded bailout for early adopters.

[JV]

Peter also spent much of the conversation.

[Nipinator]

Attacking official inflation data and fiscal policy, telling Carlson Americans are being lied to about inflation. I do agree with that element 100%.

[JV]

They're lying to us and arguing that.

[Nipinator]

The government changed the CPI 100% accurate that it could blame the private sector.

[JV]

For the higher costs. Accurate of the living when it was.

[Nipinator]

Simply raising prices and responses to inflation. He does make a little sense. He's signaling out Trump's signature bill, the big beautiful bill, as the worst thing that we have done under Trump.

[JV]

I disagree there.

[Nipinator]

I believe there's a lot worse things that have occurred but I understand where he's going here.

[JV]

He and he argued legislation not only.

[Nipinator]

Preserved all the deficit spending under the President Biden but made it worse by increasing government spending, cutting the taxes. Complete waste of capital. Shift. Turn to the crypto industry complaining, complaining like a Karen about the US Government promoting it, which is a complete waste of capital and has caused many Americans to throw their money away on crypto. Here's where I highly disagree with the hater. And just a reminder, gold is a poor man's bitcoin. Deal with it shift. Carlson cuts in to ask why is it throwing it away and why betting on bitcoin is any different than buying a gold stock or something. Something or stocks shifts Answer Bitcoin has no actual use beyond speculation. The only reason anybody wants to buy it is that they think the price is going to go up. That's the sole source of demand. He added that the people who made money in crypto only did so because the crypto that they bought a long time ago went up, not because they produced anything of value or made people's lives better. I'm going to call there. How's that different from buying gold? You're not making anything, you're not making anyone's life better. Carlson interjects, I'm glad he interjected there. There's a big difference. Bitcoin is never going to earn money in the future. It is a non income producing digital asset has got nothing calm in common with gold. Yeah, because it's not even on gold's trajectory. Bitcoin's on its own trajectory. Peter Summarizing Shift's arguments about the state of the global economy and the decline of purchasing power of the US Dollar, Carlson asked why Bitcoin cannot become the next global reserve asset as confidence in the dollar erodes and Tucker's asking some good questions here. Peter Shift Meister dismissed the idea outright, claiming that Bitcoin strategic reserve is really just a bitcoin bailout fund trying to use taxpayer money. A legend the summer early Hodlers were able to pay off a bunch of the politicians to get them to support the btc. He argues both Bitcoin and Fiat are ultimately faith based, but that the central banks cannot rely on the bitty because it has no not no monetary demand which would collapse if they have ever tried to liquidate it at scale scale. By contrast, he calls gold the real money and a valuable commodity used in jewelry, aerospace, consumer electronics and medicine.

[JV]

Someone explained that one to me. How is gold used in medicine? Says that tokenized fully back gold on blockchains can deliver Internet native payments without creating inflation or relying on the ever rising token prices. The price of gold has been on a tear lately as you know. It just smashed 5,000 in ounce on Monday amid rising global trade war tensions while the bitty price has been on the decline. So that's why I got Peter Schiff flexing. But what's your thoughts on Bitcoin as a global reserve currency replacing gold? And if it were to do so, that means Bitcoin market cap heading to 35 trillion.

[Nipinator]

Why?

[Vanta Ad Voice]

Because your software needs to be compliant to win deals. But you also need your engineers focused on building your product, not pulling SOC2 evidence. Enter a third option. Make Vanta your first security hire. Vanta uses AI and automation to get you compliant fast. Simplify your audit process and unblock deals so you can prove to your customers that you take security seriously. Plus, Vanta scales right along with you, backed by support that's there when you need it every step of the way. That's why top startups like Cursor, Linear and Replit use Vanta to get and stay secure. Don't sock block your best engineer, set them free and get compliant fast with Vanta. Get [e-mail] Goldmark cap currently just surpass.

[JV]

35 trillion, but we already know how we feel on the Shiftmeister. Every dog has its day. Even a broken clock is right at least two times a day. You want to know what I want to see? Max Kaiser vs. Peter Schiff the ultimate gold Debate. Now that gold is on an all time high and Peter's on a cloud. He'll be able to talk his and I want to hear Max debate him. And just like the classic debates with Max and Peter Schiff on stage, if we can make that happen, you know.

[Nipinator]

I'd love, you know, I'll be the host.

[JV]

I'll get in there with the Nipinator.

[Nipinator]

I'll ask all the hard questions. I'll be the mediator, whatever. Not that we need a mediator, but.

[JV]

Let'S make it happen. If you'd like to see a debate ver gold bug Peter vs Bitcoin high.

[Nipinator]

Priest Max, let me know. Maybe we can make it happen, Captain. If there's the man, we'll make it happen. You know, but here's what we're going to do. I got like eight minutes before I got a dip. Early stream today.

[JV]

I did receive this box from Coin Vigilante. I'm going to cut this mofo open. I'll open it up. This is a watch I ordered last week as soon as I got back from the Max and Stacy Invitational. You can see on the bracelet, Got the pocket knife. Gonna cut this mofo open and let's.

[Nipinator]

Do a little unboxing, shall we? Can't wait.

[JV]

Shout out Coin Vigilante, by the way. Here we go.

[Nipinator]

All right.

[JV]

Mofo is officially open. Here's the official unboxing.

[Nipinator]

Drum roll, please. I don't know if that was the right one.

[JV]

All right, I just opened a box. This is what it looked like inside. Bitty orange. Loving it. The hardest part of ordering a watch is there's so many epic choices to choose from. Now this is the Bitcoin transparency edition. You can see it's transparent. You can see through it with the mechanics. And one of them in particular really caught my attention, though. It was hard to decide, you know, there were so many great choices to choose from. Coin Vigilante doing big things, you know, making bitcoin watches, helping bitcoin adoption, bitcoin culture. So you got to respect it. So show them some love. Make sure you follow them on X. It's coinore Vigilante. So we have all the.

[Nipinator]

The orange.

[JV]

We have the box. This is what's inside. This is my first time ever ordering a watch from them. Will not be the last very sexy box here. This is where the watch is going to be inside. And there's something else in the box. I think this is a tool probably to change the links to fit the wrist. It looks like a thing to Push the pin in the watch. So this comes in the box as well. Different tools, which is cool. That means I may not have to go to a watch guy to make it fit me. So I have little wrist, if you can't tell a small. But here's the box. We're going to open this mofo up. You guys ready for the great big unveil? Let's do it. Oh, snap. More stuff. Ooh, it's very nice. I like the box, by the way. Very high quality. I'm not sure how to open it yet. I think it might slide out here. Yeah, it slides out of this box. So it's like a box and a box in a box. It's an, like, inception, you know, dream inside of a dream inside of a dream. Stacking a bitty. So there's another box outside of this box and then there's cover for that other box. This is cool. All right, so I'm stacking boxes on my desk. I think this is the official box. Inside the box of the box. It has a very nice texture. You can tell it's very high quality. You can also tell by the stitching.

[Nipinator]

This is better than Louis Vuitton.

[JV]

Just saying.

[Nipinator]

Pretty lit, pretty lit.

[JV]

And then I take it it says Coin Vigilante. Nice branding right there.

[Nipinator]

Just giving you the 360.

[JV]

That's the back, this is the front. I'm very impressed with the quality of the box. It seems more high quality than the Rolex. No, no, I like this box, you know. All right, let's open this mofo up. There she is. JB went with the black stainless steel with the orange bitty. I like the. The color. I believe it pops very well. So let me know what you think of this. And being it's a transparency edition, this is a collector's item. Very few amount being produced. And the hardest part on the website is you're going to see a bunch of cool watches. And most of them are not available because they sell out and they only make so many pieces. So it has the scarcity built in. Let me know if you think it's cool, but, yeah, I dig this.

[Nipinator]

Let's see.

[JV]

Let's open this up. There's a card here that says transparency owner's card, limited production. It's signed in the back. Not going to read it all for you, but you can see it there. You can always screenshot that and read it if you care. And then, yeah, this is the watch right here. This is the. The illness. Look at that. Let me know what you Think. And there's a sticker on it right now to preserve the crystal. About to take it off this thing. See how it fits. Oh, it's nice and heavy. It's definitely got some weight to it. You can tell it's really good quality. In fact, let's take off the plastic. See a little plastic. So now you can see a very clear image of it. You can see the inner workings of it right now and all that kind of stuff. I'll show you from a different angle. I don't know how the lighting is from each, but here's another angle you can see. Trying to get the glare out of the frame, but very sexy. Let me know what you think of this watch. Would you ever buy one of these? Because they are available, just FYI, I'm not selling them. I'm not an affiliate. But I'm very proud owner of the bitcoin transparency watch. And shout out coin vigilante. If you guys are interested in bitcoin watches, look no further. You know, they're the best. But yeah, this is a sexy freaking watch. I'm super impressed. And the craziest part is how affordable they are. You don't have to pay Rolex prices, you know. And it means more than any other watch if you're in bitcoin. I mean, what's cooler than being reminded of bitcoin's transparency every time you look at your wrist, you know? Yeah. So let's see how's this baby opens. And put this on my wrist for the first time. I know it's going to be too big because I have a low wrist. I'm going to have to do some adjustments.

[Nipinator]

Okay, let's see here. I think it goes like that. Snap.

[JV]

Yep.

[Nipinator]

Just like my Rolex did. Snap.

[JV]

And it's on. It's on like Donkey Kong David, baby. But yeah, naturally it's super big because I have a little wrist. So I will adjust the band, make it tight, but very, very happy with it. Again, shout out coin vigilante. This is fire. I'll rock this with respect every day, you know. So again, shout out coin vigilante, bitcoin transparency. And don't forget to check out bitcoinnewsalerts.net for the full premium experience with video and to participate in the live stream along with the Q A. And I look forward to seeing you on tomorrow's episode. Hoddle.

[Libsyn Ads Voice]

Marketing is hard, but I'll tell you a little secret. It doesn't have to be. Let me point something out. You're listening to a podcast right now and it's great. You love the host, you seek it out and download it. You listen to it while driving, working out, cooking, even going to the bathroom. Podcasts are a pretty close companion. And this is a podcast ad. Did I get your attention? You can reach great listeners like yourself with podcast advertising from Libsyn Ads. Choose from hundreds of top podcasts offering host endorsements or run a pre produced ad like this one across thousands of shows. To reach your target audience in their favorite podcasts with Libsyn Ads, go to libsyn ads.com that's L I B S Y N ads.com today.

[Vanta Ad Voice]

Your software needs to be compliant to win deals. But you also need your engineers focused on building your product, not pulling SOC2 evidence. Enter a third option. Make Vanta your first security hire. Vanta uses AI and automation to get you compliant fast. Simplify your audit process and unblock deals so you can prove to your customers that you take security seriously. Plus, Vanta scales right along with you, backed by support that's there when you need it every step of the way. That's why top startups like Cursor, Linear and Replit use Vanta to get and stay secure. Don't sock block your best engineer. Set them free and get compliant fast with Vanta. Get started at Vanta. Com.