The Mustard Seed Bitcoin Podcast

Matt Crosby joins me to break down what the data is saying about Bitcoin today and whether the bear-market bottom is already behind us.

We discuss Bitcoin’s price and time capitulation, MVRV and on-chain valuation, long-term versus short-term holders, diminishing volatility, global M2 and DXY, the four-year cycle, and the signals Matt believes point toward a new phase of the Bitcoin market.

Timestamps:

00:00 Intro

00:38 Matt Cros...

Luke Broyles joins me to explain why he believes Bitcoin could eventually reach $20 million per coin. We discuss the accelerating pace of technology, the growth of U.S. debt, AI, monetary debasement, and why Luke thinks Bitcoin sits at the intersection of these long-term trends. We also explore why calling Bitcoin "digital gold" may dramatically undersell its potential and why most Bitcoin price targets could be far too low. This i...

Sminston With joins me to explain why Bitcoin’s power law has remained remarkably consistent and how PMI, liquidity, and AI may help explain Bitcoin’s current cycle. We also discuss what could invalidate the power law, the possibility of a $200K-$300K Bitcoin supercycle, and why accumulating 1 BTC is becoming increasingly difficult.

Timestamps:

0:00 Sminston’s background and journey to Bitcoin

5:30 Why power laws mat...

Vijay Boyapati, author of *The Bullish Case for Bitcoin*, joins me to discuss why Bitcoin may be in the “boring low” of its cycle, why he still sees a path to gold parity and ~20x upside, and what could drive the next bull market.

We also discuss AI and Bitcoin security, self-custody, Bitcoin price models, ETFs, treasury companies, and what a future Bitcoin standard could look like.

Timestamps:

00:00 Introduction

00:19 What...

The Rational Root joins me to break down the Coldcard vulnerability, BIP-110, and the potential Bitcoin chain split. We also analyze on-chain momentum, Digital Credit, institutional demand, and whether Bitcoin’s 2026 bear-market bottom may already be in.

Timestamps:

0:00 Introduction

0:24 Coldcard vulnerability overview

4:46 Coin Days Destroyed and the Coldcard incident

8:41 Coldcard’s development failures

11:50 How AI could ...

Eric Jackson joins Joe Burnett to explain why he believes bitcoin could reach $50 million as AI agents transform global commerce and demand pristine digital collateral. They also discuss bitcoin’s recent underperformance, AI-powered market models, compounding through volatility, and why the next five years may be the most uncertain investing environment of our lifetimes.

Timestamps:

0:00 - Eric Jackson’s background in mar...

Joe Consorti joins The Mustard Seed Bitcoin Podcast to break down the Fed’s impossible choice between fighting inflation, protecting the economy, and keeping asset prices alive. We discuss why bitcoin may be the only asset accurately pricing today’s uncertainty, how AI is disrupting software but strengthening bitcoin’s long-term case, and why the dollar crash playbook may already be underway.

Timestamps:

0:00 - Joe ...

Bitcoin is evolving into a unique asset that responds to both crisis and liquidity expansion. In this conversation, we break down how macro policy, market structure, and institutional flows are reshaping bitcoin’s role in global portfolios. The result is a shift toward bitcoin as a core asset for long-term capital allocation.

Timestamps:

0:00 Introduction and current bitcoin market setup

0:23 Price levels, resistance, and defini...

Digital Credit is expanding the total addressable market for Bitcoin and Bitcoin is expanding the total addressable market for Digital Credit. This conversation explores how that dynamic could scale reflexively and reshape global capital allocation.

Timestamps:

0:00 Introduction

1:24 Why Bitcoiners should care about digital credit

6:00 Bitcoin fixed income and a new asset class

8:30 The carry trade: earning Bitcoin yield

11:00 Transparen...

Tad Smith joins Joe Burnett to discuss why he still favors bitcoin over gold, how AI is reshaping software, labor, and opportunity, and why he sees the current market setup as increasingly attractive for bitcoin and Strategy. They also dig into Digital Credit, the long-term potential of Strategy’s preferred products, the quantum cloud over bitcoin, and Tad’s new role leading Candy Digital.

Timestamps:

0:00 Intro

1:28 What ...

Market sentiment is weak, volatility is elevated, and capital has nowhere to hide. In this episode, Adrian Morris explains why sentiment drives all markets, how it shapes bitcoin’s price, and what it takes to navigate and withstand the current environment.Read Adrian's research report here: https://tnorth.com/research/sentiment-as-substrate/Timestamps:

00:00 Introduction

00:33 Welcoming Adrian

01:08 Current market conditions and...

Bitcoin is holding firm as equities, gold, and silver decline amid rising geopolitical tension, signaling a potential shift in how the asset behaves during global stress. We break down the macro forces driving markets, the rise of digital credit as a Bitcoin demand engine, and how AI is accelerating a new financial paradigm.

Timestamps:

00:00 – Intro and Bitcoin’s move from $90K to ~$70K

03:30 – Key levels, market st...

Digital credit and bitcoin-backed money are emerging as a new foundation for global finance, offering yield, transparency, and programmability. In this episode, Parker from APYX explains how this system works, why it is gaining traction, and how it could drive the next wave of bitcoin adoption.

Timestamps:

0:00 Intro

0:33 What is digital money and digital credit

3:01 Parker’s background: from Austrian economics to bitcoin

6:18 Ear...

Joe Burnett sits down with Conner Brown of the Bitcoin Policy Institute to discuss the Basel Committee’s 1,250% bitcoin risk weighting and why many view it as a major policy mistake limiting bank adoption. They also explore digital credit, the future of bitcoin in the financial system, and why AI agents may ultimately prefer bitcoin as money.

Timestamps:

0:00 Intro

0:49 The Basel 1,250% mistake explained

7:26 How punitive Basel&r...

AI is accelerating productivity, compressing margins, and destabilizing labor markets in ways few are tracking closely. We examine the silent depression, liquidity risks, and why a recession could act as a margin call on the U.S. government and ignite the next bitcoin cycle.

Timestamps:

00:00 – AI Is Already Causing Deflation

02:12 – Strange Market Rotation Since November

04:45 – AI Quietly Hitting White-Collar Jobs

06...

Rising global uncertainty, fiscal instability, and shifting monetary regimes are reshaping capital allocation across every major asset class. In this conversation, Joe Burnett and Sam Callahan explain why these forces ultimately strengthen the long-term case for bitcoin as the world’s most reliable monetary asset.

Timestamps:

0:00 The price of uncertainty is rising

0:43 Why global uncertainty is bullish for bitcoin

3:11 Ray Dalio...

Root returns to break down where bitcoin stands in the current cycle, using on-chain data, macro signals, and historical patterns to assess whether a bottom is forming. This conversation explores diminishing returns, institutional adoption, long-term holder sell pressure, and why the next major bull market could emerge once scarcity and demand realign.

Timestamps:

00:00 Root returns: where bitcoin is in the cycle

00:44 Four-year cycle...

Bitcoin’s volatility is shaking out weak hands and setting the stage for a stronger market structure. In this conversation with CJ from Strategy, we break down why volatility is expected, how bitcoin treasury companies and digital credit are reshaping capital markets, and where institutional adoption goes next. If you want to understand what’s really happening beneath the price action, this episode connects the dots.

00:...

In this conversation, Joe Burnett sits down with Mark Valek of Incrementum to unpack why today’s debt-based monetary system remains structurally fragile and how it may ultimately be recapitalized. They explore gold and bitcoin as monetary anchors, central bank behavior, inflationary reset scenarios, and why gold has recently outperformed bitcoin despite their shared role as sound money assets.

Timestamps:

00:00 Introduction and...