
Jamie Dimon just went on national television to push back against Bitcoin and crypto legislation. Hours later, a Bitcoin exchange gained direct access to the Federal Reserve's settlement rails. At the same time, Morgan Stanley filed for a spot Bitcoin ETF while geopolitical tensions escalated in the Middle East and Bitcoin surged. This episode breaks down the growing conflict between the traditional banking system and the emerging Bitcoin financial infrastructure, and why the global monetary system may already be bending toward neutral, hard money.
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