In this year-end review episode, we take an honest look at our 2025 predictions and how they held up against reality. Bitcoin started the year around $94k with high expectations, hit $122k in October, but closed near $87k - not quite the moonshot we anticipated. The institutional adoption we were excited about brought mixed results, with Wall Street playing their own games rather than simply pumping the price.
We reflect on what went right and wrong this year - from the disappointing lack of meaningful progress on the Strategic Bitcoin Reserve to the continued regulatory challenges in Europe. Despite missing our price targets, the fundamentals remain strong and adoption continues to grow.

Bitcoin Price at Time of Recording

Dec 23rd, 2025: $87,770 USD | 74,450 Euro

Block Height at Time of Recording

929,162

Music Credits

The Top Hats Orchestra - Nut Cracker Suite
The Top Hats Orchestra - Let It Snow

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!

We are looking forward to hearing from you!

238 - Were We Wrong About Bitcoin in 2025?