Topic: Bhutan

2 chapters across the catalog

Bitcoin is seeing massive institutional adoption through ETFs and interest from major corporations like Microsoft. Jay Dyer points out that even nation-states like Bhutan and El Salvador are now holding Bitcoin on their balance sheets. He dismisses old arguments about Bitcoin being used primarily for money laundering, noting that Wall Street has fully entered the market.

The conversation covers the technicalities of US Bitcoin holdings, noting that a significant portion is owed back to Bitfinex. Keiser identifies Texas as the global super-hub for Bitcoin mining due to cheap energy. He predicts a "God candle" event where Bitcoin could rise $100,000 in a single day if the US begins printing money to acquire the asset.