104: The K Trap

They want to blame the war, but the split was already there. This week, I follow the K-shaped economy under the headlines, and Bitcoin’s uncomfortable signal: adoption is accelerating, and so is domestication. Episode Links 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling Show Notes US consumer prices rise 3.8% as Iran war sends energy … Inflation spikes to 3.8 percent in April, higher than expected PPI report: Wholesale prices rose 0.5% in April, more than expected Widening K-shaped economy pattern across income groups K-shaped economy is showing up at the gas pump: NY Fed - The Hill What is the K-shaped economy, where the rich are getting … - Fortune The economy is cracking. This trend is most alarming. Senate confirms Kevin Warsh as Fed governor, clears way for chair … Kevin Warsh wins Senate confirmation to Federal Reserve Board of … Senate Banking Committee to vote on Clarity Act crypto bill Senate Banking Committee unveils revised Clarity Act text before … Crypto Market Structure Bill Gains Bipartisan Momentum Coinbase CEO Brian Armstrong heads to Senate to advocate for … Labor unions oppose Senate crypto bill ahead of Thursday … Crypto legislation faces another hurdle: Labor unions Strategy CEO Phong Le unveils 6 capital-management principles … Strategy weighs selling bitcoin to fund dividends amid Q1 net loss Strategy Will Keep Buying Bitcoin Forever, Saylor Says Strategy Considers Bitcoin Liquidation to Cover Preferred Dividends Crypto-Assets: Implications for Consumers, Investors, and … A good article deeply analyzing the impact of Bitcoin ETF on … Inflation spikes to