Good morning! Uncle is taking a break from social media, but with BTC hitting $53K, I thought I'd drop in with some positive energy and sats for you - I'm zapping every reply 🫂

Good morning! Uncle is taking a break from social media, but with BTC hitting $53K, I thought I'd drop in with some positive energy and sats for you - I'm zapping every reply 🫂

indigobobcat1 😁

Yeah, you’ll have to settle for obsequiousturnip39 or whatever name it autogenerated for you.

Your Primal Lightning address doesn’t seem to be working, tried from Primal and Alby.

Let's try this again...

Current #macro conditions are almost perfect for a non-recessionary dovish Fed pivot in mid-September.

The closest example in recent history is the mid-1990s Fed rate cuts, which didn't lead to--or coincide with--a major US recession.

Rather, the easing conditions helped initiate and support what would later become the famous/infamous dot com bubble of the late-1990s.

A weak (but non-recessionary) economy and central bank #QE is the perfect combination for rising risk assets (and especially, #bitcoin) in the coming quarters.

Just my opinion, of course. Feel free to disagree and side with the Doom and Gloomers... of which there are many... most of whom don't actually manage money... or manage it well. 🙃

Cheers.

Although September may have some weak data points, I have officially pivoted from Dr. Bullcrab to Dr. Bull.

Bullish macro and liquidity tailwinds are coming soon.

It won’t happen all at once… in fact, it will start slowly at first…

But it will happen.

I expect the next 14 months of #bitcoin price action to be generally lit.

#Halloween2025 is my next major target date.

(For infotainment purposes only.)

The studio is ready, Danny's flights are booked, and next week we’ll begin recording episodes for our new podcast.

I wanted to share the reasons behind this shift as many have been asking. Three primary factors influenced this decision:

1. I hate making remote shows—I never want to do them again. These interviews need the intimacy of being in person.

2. Traveling constantly has been detrimental to my health and my family.

3. My commitments here with the football club and local community are growing.

So, the solution was clear: build a studio in the UK and produce the show locally.

We’ve secured a fantastic space in Soho, London, and we’re ready to go but given the limited number of Bitcoin guests available in the UK or those willing to fly in, it’s time to retire What Bitcoin Did.

Our new podcast will be similar in feel but will cover a broader range of topics. While some episodes will focus on Bitcoin (though less frequently), most will explore other interesting topics or people.

Having made nearly 900 episodes covering a wide range of #bitcoin topics and guests, we’re now aiming higher. By diversifying our content and guests, we hope to introduce more people to the concept of sound money through podcast osmosis. If we get this right, it will be a bigger show, if we get it wrong, well we tried.

For a long time I have felt there is a need to get out of the #bitcoin corner of the party. Real Bedford FC was a way of integrating sound money into a traditional business model. CheatCode purposely did not include Bitcoin in the title, so changing the show feels like a natural next step.

Sometimes when stuck in the #bitcoin landscape you can lose site of how other people in the world think, lose empathy for the complexities of the world. I have felt this. I'd come home from spending two weeks with Bitcoiners and be with friends and family locally and notice a distinct difference in how we see the world. As everything feels like it is going to shit, I feel like there is a bigger job to do now.

The Bitcoin podcast landscape is well served, from Marty and Odell to Natalie and Preston, from The Blue Collar guys to Stefan Livera and anyone I haven't mentioned. There’s no shortage of high-quality Bitcoin podcasts.

However, there seems to be some fatigue in the space, with similar guests and topics being revisited. With our new show we want to bring fresh perspectives and ideas, aligning with sound money where relevant—think of the shows we’ve had with the likes of Eric Weinstein and Michael Malice.

On a personal note, I’m need the challenge, test myself wider, get fit and find a good woman. I can't do this travelling all the time.

When I started the podcast my life was a shit show - divorced, coming off drugs, heading towards bankruptcy. I've had an incredible 7 years, travelled the world, made amazing friends and got to live my dream by buying my local football club.

To everyone who has helped us get this far - the guests, the listeners, the sponsors, we could not have done this without you. I am forever in your debt.

I hope you’ll check out the new show and enjoy it, though it may not be for some of you. Regardless, Danny and I will work hard to deliver the best show possible, like we always have.

Roll on The McCormack Show!

8/8/2024

GM

The more time you spend in this space, the clearer it becomes that many Bitcoiners are dumb 🤷‍♂️

That holds more bitcoin than both of you 😂😂

Managed to fuck up both my car and garage door because the garage door only went up 75% of the way before getting stuck, just enough to be out of my rearview mirror's coverage when I was backing out. 😡