Bitcoin continues its historic streak—43 consecutive days closing above $100,000. The Swan Signal crew dives into what this milestone means, including comparisons to Joe DiMaggio’s legendary hitting streak and the waning attention from normies, despite Bitcoin reaching all-time highs.
Steven shares insight on why emerging markets and Bitcoin have outperformed, citing Lynn Alden’s early calls. Meanwhile, John highlights how the broader TradFi world is just starting to wake up to Bitcoin’s disruptive potential—despite cringe moments like Brian Armstrong pitching Bitcoin as a “new” idea or Wall Street macro types clumsily suggesting gold/oil-backed stablecoins from geopolitical rivals.
Other key points:
Bitcoin treasury plays are seeing early-stage momentum, with large speculative capital still sitting on the sidelines.
The Genius Act, recently passed, lays the regulatory groundwork for stablecoins—some say this could bolster dollar dominance while indirectly boosting Bitcoin.
Stablecoin growth is explained as a stepping stone to Bitcoin, not a competitor.
Discussion on whether the classic 4-year Bitcoin cycle is dead, with some leaning toward a slower, more mature “Saylor Cycle” structure.
Notable Quotes:
“Listen to Bitcoiners. If you just get your 40 hours per week in, you’ll know the answer to all questions in life.”
“There’s boredom above $100K… and retail is nowhere to be found.”
Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private.
Put Bitcoin into your IRA and own your future. Check out swan.com/ira.
Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.
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