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July 31, 2025 141 mins

Why does this Bitcoin cycle feel… different?

In this Roundtable, I sat down with Simple Steve, Bitcoin Mechanic, and my brother Jeff Swann for a deep dive into what’s really driving the current phase of Bitcoin adoption. We break down the quiet buildup behind this cycle, the politics creeping into the space, and the shifting nature of Bitcoin treasuries — including why some are already failing. We also get into the weeds on quantum breakthroughs, dust limits, and why lightning still isn’t ready for prime time. From barroom stories to technical debates, we ask: Are the normies finally coming around? Are the devs out of touch? And is this cycle the calm before the chaos?

This is our one-year Roundtable anniversary. Let's go!

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