Loading…
Published 28 Oct 2026, 16:35 UTC · fetched 28 Oct 2026, 17:33 UTC
Michaël van de Poppe
@CryptoMichNL
Quoting · 27 Oct 2026, 18:00 UTC · context given to the AI
Here's a stat that breaks most people's mental model of #Bitcoin: its volatility is now lower than most of the Magnificent 7. The "too volatile for serious money" objection, the one every allocator has used for a decade, is quietly expiring. Eric Yakes came on to explain what that unlocks. @ericyakes wrote "Bitcoin and the Monetary Revolution" and invests at Epoch in fintech companies built around Bitcoin adoption. His frame for where demand comes from: "More and more people are gonna want to get exposure to the scarcest, most liquid commodity that you can hold on a thumb drive and move anywhere in the world." What I appreciated: he refuses the lazy bull case. No power laws, no cycle charts, he judges Bitcoin on fundamentals and adoption, and his argument is that every major move up had a concrete driver. BlackRock's ETF started the last one. He thinks he knows what starts the next. Thanks to @OKX for being todays sponsor of the show. We cover: - The volatility stat, and why it changes who's allowed to own Bitcoin - How banks could start accepting Bitcoin as loan collateral, the quiet unlock almost nobody's pricing - What actually drove price last cycle, and the next fundamental driver - How the debasement trade connects Bitcoin and gold - Why he ignores power laws entirely, and what he watches instead - What he wants to see built in Bitcoin fintech Timestamps: 00:00 - Intro 01:00 - Navigating the Crypto Landscape 03:46 - Bitcoin and the Monetary Revolution 11:00 - Bitcoin's Challenges and Opportunities 18:51 - Bitcoin in Banking 28:32 - Regulation and the Clarity Act 32:45 - Stablecoins and Government Debt 35:42 - Debt Dynamics and Bitcoin 40:09 - Bitcoin as a Scarce Asset 43:18 - ETFs and Bitcoin Adoption 47:27 - Investing in the AI Landscape 53:21 - The Future of Bitcoin“#Bitcoin is a, you know, multi-trillion dollar asset that is permissionless. You can send it anywhere in the world without asking anybody for permission. Um, you can hold it on a thumb drive and you can hold billions of dollars doing that.” I agree on this thesis, and it's the only asset that's out there that has these metrics. That's why I also think that Bitcoin has become the best AI trade out there. There's no reason to be bearish on Bitcoin at all, and there are numerous of arguments to be super bullish on Bitcoin for the foreseeable future, as more and more people will pick up this thesis. Great conversation with @ericyakes on @new_era_finance.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction