Powell pulls the punchbowl and $1.5 trillion in 'paper wealth' vanishes. I'll unpack Wall Street's meltdown, JPOW's 'maybe we'll cut, maybe we won’t' strategy, and how inflation still runs the show. Then, we take a serious look at the idea of a U.S. Strategic Bitcoin Reserve. Could an executive order make it happen overnight? Affiliate LINKS: 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling LINKS : What Is the National Debt Costing Us? Bitcoin Miner Hut 8 Buys $100M BTC Bringing Total Holdings to $1B The Dutch government urged to establish a National Bitcoin Reserve in an open letter. CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets El Salvador secures $3.5 billion IMF financing package after agreeing to make accepting Bitcoin voluntary and unwind its Chivo wallet. Bitcoin Crosses $108k, US Spot ETFs Are The Largest Holder, MSTR To Enter Nasdaq-100 US Federal Reserve cuts fed funds rate by 25 basis points SUMMARY OF FED CHAIR POWELL'S STATEMENT (12/18/24) Bitcoin Policy Institute drafts Executive Order for a Strategic Bitcoin Reserve for President Trump A US strategic reserve could push bitcoin to $500K: Bitwise CIO - YouTube FASB Officially Adopts Fair Value Accounting Rules for Bitcoin Starting December 2024 El Salvador to Scale Back Bitcoin Policies for $1.4 Billion IMF Loan Deal BlackRock releases 3 minute educational video explaining what Bitcoin is. MUSIC: Digital Age Blues by Simon C
