$1 Million Bitcoin: A Scientific Prediction Explained

$1 Million Bitcoin: A Scientific Prediction Explained

In this episode, Nik is joined by astrophysicist and mathematician Stephen Perrenod to unpack the scientific framework behind a potential $1 million Bitcoin. Stephen introduces the Bitcoin Power Law thesis and explains how mathematical modeling, fractals, and historical price patterns point to Bitcoin’s long-term exponential growth. They discuss how this theory differs from stock-to-flow, the role of volatility in Bitcoin’s maturity, and how timeframes like 2031–2033 align with past cycles. The episode offers a data-driven lens into why $1 million per coin may be less speculation and more inevitability.

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Russia Is Now Legalizing Bitcoin for Trade with Joe Consorti

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In this episode, Demian welcomes back Joe Consorti for a conversation on the Clarity Act and what it means for bitcoin. Joe explains the bill's three buckets, how it would separate commodities from se...

11 Elo 34min

Self Custody Is Not Dead with Stacie Waleyko

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In this episode, Demian welcomes back Stacie Waleyko, a bitcoin developer with the Bitcoin Dev Project, on the Coldcard entropy vulnerability and the ongoing theft of funds. Stacie explains how hardwa...

7 Elo 23min

Why Jack Mallers Walked Away From Twenty One

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In this episode, Nik welcomes Jack Mallers, founder and CEO of Strike, for a conversation on his exit from Twenty One. Jack describes the guilt and humility of stepping away from a company whose visio...

5 Elo 39min

Tracing the Stolen Coldcard Bitcoin w/ Galaxy's Alex Thorn

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In this episode, Nik welcomes back Alex Thorn of Galaxy Research on the Coldcard key generation vulnerability and the theft that followed. Alex explains how a March 17, 2021 firmware change left the d...

3 Elo 43min

Coldcard Wallet Hack: What Happened and What to Do Now

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In this episode, Nik and TBL's Demian Schatt cover a breaking security situation: a seed-generation vulnerability in Coldcard hardware wallets that has exposed some bitcoiners to theft, with reports o...

31 Heinä 25min

Kevin Warsh Just Blew Up How the Fed Works

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In this Global Macro Update, Nik covers today's FOMC decision and Kevin Warsh's press conference, where the new Fed chair reaffirmed the 2% inflation target as a firm goal and made clear he is steerin...

29 Heinä 33min

The Great Unwinding Wall Street Isn’t Pricing In with Matt Dines

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In this episode, Nik welcomes back Matt Dines to lay out his thesis that the global order built after World War Two is being reset. Matt walks through the signals he is watching: the Kuwaiti pipeline ...

28 Heinä 1h 10min

The $45,000 Bitcoin Everyone Fears Is Getting Less Likely

The $45,000 Bitcoin Everyone Fears Is Getting Less Likely

In this episode, Nik walks through the latest bitcoin research from Johan Bergman, head of bitcoin research at The Bitcoin Layer, using the charts inside TBL Pulse. He explains Johan's state grid, whi...

22 Heinä 51min

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