I really enjoyed this macro conversation with Danielle DiMartino Booth and James Bianco:
‣ Recession vs "No Landing" debate
‣ CPI vs 'truflation'
‣ Remote work, wage growth, AI impact on jobs
‣ Extreme wealth concentration
‣ Stocks booming - when will Fed cut rates?
‣ Fed spending and national debt
‣ Powell's legacy
‣ Election year economy
‣ #Bitcoin and Jim's passionate take on why spot Bitcoin ETFs mean "we can kiss $500k/coin goodbye"?!!
Danielle’s my secret crush 💜🧡
Yes loved the show.
ETFs are perhaps against the ethos of bitcoin, but Jim's concerns about them are only relevant IMO if a very significant % ends up in them, which I think is unlikely. Even then, the important part is that people still have the ability to self custody if they choose.
Love when Danielle is on the show!
😁👍
The only thing is when you ask about #Bitcoin and their answer is about Crypto, I know the guy is still at the beginning of the learning curve.
I love Danielle but it’s like her smart brain just can’t admit that bitcoin is the solution to most of the problems she accurately describes!!
Humble 7 sats to support Coin Stories. Here we go!
