What Bitcoin Did

Danny Knowles
  • 4.7 (103)
  • Technology
  • Updated twice weekly

What Bitcoin Did unpacks Bitcoin’s role in reshaping money, freedom, and the future of finance.

  1. The Dollar Changed. Bitcoin Is the Endgame | Matt Dines

    7 hr ago

    The Dollar Changed. Bitcoin Is the Endgame | Matt Dines

    “The game has changed, it’s very clear.” Matt Dines is a fixed-income portfolio manager and host of Mind Print Hash. In this episode, we get into why he believes the dollar system has already changed and why Bitcoin may be the endgame. For decades, global markets have been built around the offshore dollar system: LIBOR, Fed backstops, QE, ZIRP and the assumption that every crisis ends with more liquidity. But Matt argues that world is being replaced by something very different: a Treasury-led dollar system built around T-bills, SOFR, regulated stablecoins and a new set of geopolitical incentives. We discuss why 2022 was such an important inflection point, how the move from LIBOR to SOFR changed the structure of dollar markets, why the GENIUS Act matters for stablecoin rails, and what Treasury dominance means for the Fed, global credit and Bitcoin. We also get into MicroStrategy and STRC, the risks facing Bitcoin treasury companies, why dollar liquidity still drives Bitcoin markets, how geopolitics is reshaping the financial system, the path to a Strategic Bitcoin Reserve, and why holding real Bitcoin still matters. Bitcoin is not just another risk asset in this transition. It may become the base layer for a new monetary system, but getting there will be volatile, political and tied to the future of the dollar. In this episode: Strategy, STRC and Bitcoin treasury company risk From Fed dominance to Treasury dominance The end of the petrodollar Why capital markets are war by another means The path to a Strategic Bitcoin Reserve Why Bitcoin is the endgame THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny Matt Dines: https://x.com/LeveredUSTs

    2h 35m
  2. Is Michael Saylor Trapped? STRC Explained | Adam Livingston

    2 days ago

    Is Michael Saylor Trapped? STRC Explained | Adam Livingston

    “The market is trying to find a villain right now—and Saylor is that guy.” Adam Livingston explains the pressure building around Michael Saylor, MicroStrategy and STRC as the preferred stock trades at $88, well below its $100 par value. Is STRC broken, or is the market mispricing Strategy’s credit risk? Adam explains how STRC works, why its yield has climbed above 13%, whether it can recover to par, and what Strategy’s capital structure means for MSTR shareholders. We also get into dilution, dividend coverage, Strategy’s use of its cash reserve and whether Saylor is now forced to keep accelerating his Bitcoin strategy. We also get into the Bitcoin bear market, the possibility of a market bottom and why Adam believes the current environment is presenting a major buying opportunity. In this episode: Why STRC is trading below par Whether Michael Saylor is trapped The risks facing MSTR shareholders Bitcoin treasury companies and “digital credit” Bitcoin’s potential market bottom The Fed, inflation and monetary repression THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Adam Livingston: https://x.com/AdamBLiv

    1hr 4min
  3. The Fed Is Trapped: Why Double-Digit Inflation Is Inevitable | Lawrence Lepard

    4 days ago

    The Fed Is Trapped: Why Double-Digit Inflation Is Inevitable | Lawrence Lepard

    “The whole goddamn thing is a charade… finger in the air, wild-ass guess, total gaslighting and b******t.” In this episode, Lawrence Lepard is back on the show to explain why the Fed is trapped between persistent inflation, an accelerating sovereign debt crisis and a financial system that cannot withstand genuinely tight monetary policy. Lawrence breaks down the Fed’s retreat from forward guidance, why its new playbook gives policymakers cover to change course without warning, and why he believes today’s hawkish stance will ultimately give way to rate cuts and more money creation. We also explore his “decade of inflation” thesis. He argues that the cycle began in 2020, that double-digit inflation is still ahead, and that a major disruption in the Treasury or bond market could trigger a “break-glass” response from the Fed, sending Bitcoin, gold and other hard assets dramatically higher. In this episode: • Why the Federal Reserve is abandoning forward guidance • How the Fed could redefine inflation • The sovereign debt problem • Why double-digit inflation is coming • Lawrence's outlook for Bitcoin and gold THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Lawrence Lepard: https://x.com/LawrenceLepard

    1hr 16min
  4. The Hidden Battle for Global Power | Simon Dixon

    19 Jun

    The Hidden Battle for Global Power | Simon Dixon

    “The real battle is not communism versus capitalism. It’s not the radical left versus the far right… They’re all a different flavour of the same agenda.” Simon Dixon is an entrepreneur & investor. In this episode we get into the decline of American hegemony, the rise of a multipolar world, the petrodollar, China, BRICS, Iran, Venezuela, energy, AI, surveillance and the institutions that operate above elected governments. He explains why he sees war, debt and political polarisation as mechanisms that move capital, concentrate wealth and reshape the global order. We also discuss where Bitcoin fits into all of this, why Wall Street wants it held in custody, and how leverage is used to separate people from their Bitcoin. THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Simon Dixon: https://x.com/SimonDixonTwitt

    2h 20m
  5. The Dollar Endgame Is Not What You Think | Peruvian Bull

    17 Jun

    The Dollar Endgame Is Not What You Think | Peruvian Bull

    “The dollar endgame is still in play, but it’s going to play out much differently than most people think.” Peruvian Bull, is a macro analyst and the author of Dollar Endgame. In this interview, we discuss why the collapse of the dollar is unlikely to play out the way most people expect, why the dollar remains so dominant despite America’s worsening debt problem, and why Japan may be the clearest warning signal for what comes next. We get into the eurodollar system, stablecoins, treasury demand, the yen carry trade, QE, yield curve control, zombie companies, and the ways central banks continue to create new tools to kick the can down the road. THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Peruvian Bull: https://x.com/peruvian_bull

    1hr 14min
  6. The Best Bitcoin Buying Opportunity In History | Peter Dunworth

    12 Jun

    The Best Bitcoin Buying Opportunity In History | Peter Dunworth

    I still believe we've got 100X in front of us in the next 10 years… Bitcoin becomes undeniable." Peter Dunworth is the co-founder of The Bitcoin Adviser. Bitcoin is at $62,500, down 50% from the all-time high, and sentiment is the worst it has ever been. So why is the most bullish man in Bitcoin calling this the best buying opportunity in history? We discuss why the bottom is closer than you think, why the next cycle breaks every model, the wall of AI money waiting to rotate into Bitcoin, how the Clarity Act turns the US dollar into a global stablecoin empire, the coming death of all fiat currencies and the 30% property crash heading for Australia. In this episode: Why this is the best buying opportunity in Bitcoin's history The case for 100X in the next 10 years Why the AI trade will rotate into Bitcoin The Clarity Act: a global dollar takeover Saylor, Strategy and the S&P500 double standard Why property is "near uninvestable" THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny Peter Dunworth: https://x.com/PeterBTCAdviser

    1hr 5min
  7. How The State Makes Us Poorer | Max Hillebrand

    10 Jun

    How The State Makes Us Poorer | Max Hillebrand

    "We are taught that the state builds our economy, but the reality is that every act of intervention is an act of wealth destruction." Max Hillebrand joins the show to tear down the Keynesian fallacies that keep us in a cycle of manufactured poverty and systemic theft. We go deep into the Austrian framework to explain why privacy isn't just a tech feature, it is the bedrock of a free economy. We discuss:\ The Theft Trap: Why taxation and inflation are definitionally coercion, and how they silently redistribute wealth from the productive to the state. \ The Broken Window Fallacy: Why building things we don’t need and destroying wealth through war is the ultimate economic delusion. \ The Consumption Trap: How state-manipulated metrics like GDP force us to prioritise over-consumption over the savings required for actual prosperity. \ The Minimum Wage Fallacy: A practical breakdown of why state interventions inevitably price the most vulnerable workers out of the market. \ The Cypherpunk Solution: Why increasing the cost of state attack and decreasing the cost of private defense is our only path to an unstoppable, parallel economy. THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Max Hillebrand: https://towardsliberty.com/ The Praxeology of Privacy: https://towardsliberty.com/pop

    1hr 32min
  8. Why BIP110 Won’t Change Bitcoin | Mr Hodl & Wicked

    4 Jun

    Why BIP110 Won’t Change Bitcoin | Mr Hodl & Wicked

    “In the end, it’s the economic majority of users who decide what Bitcoin is.” Wicked and MrHodl join the show to break down why BIP110 won’t change Bitcoin. We get into the fight over arbitrary data on Bitcoin, why they believe BIP110 fails to solve the problem it claims to address, and why miner signalling alone does not define consensus. The conversation covers Bitcoin Core, Knots, the blocksize war, SegWit, BIP148, spam, soft forks, hard forks, nodes, miners, exchanges, and the role of the economic majority in defending Bitcoin’s rules. Is BIP110 a serious proposal, a virtue signal, or an attempted replay of old battles? And if Bitcoin can be changed without broad consensus, what does that mean for decentralisation? THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny MrHodl: https://x.com/MrHodl Wicked: https://x.com/w_s_bitcoin

    1hr 12min
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Hosts & Guests

4.7
out of 5
103 Ratings

About

What Bitcoin Did unpacks Bitcoin’s role in reshaping money, freedom, and the future of finance.

Information

  • Creator
    Danny Knowles
  • Years Active
    2019 - 2026
  • Episodes
    182
  • Rating
    Explicit
  • Show Website
    What Bitcoin Did

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