Uploaded May 2026 | Updated September 2026, 1 week ago
They want to blame the war, but the split was already there. This week, I follow the K-shaped economy under the headlines, and Bitcoin’s uncomfortable signal: adoption is accelerating, and so is domestication.
Episode Links
• 🇺🇸 Buy Sats on River (partner.river.com/jupiter) - The best way to stack in the US
• 🇨🇦 The Bitcoin Well (bitcoinwell.com/jupiter) - An amazing automatic self-custody Bitcoin platform
• ⚡ The Bitcoin Company (app.thebitcoincompany.com/signup?ref=JUPITER) - Spending your Bitcoin Via Lightning
• 🏦 Fold Card (use.foldapp.com/r/XNHPXTFC) - Pay bills Stack Sats
• 💵 SALT Lending (borrower.saltlending.com/register?referralCode=GkPQdbqWG) - Get access to your BTC Value w/out Selling
Show Notes
• US consumer prices rise 3.8% as Iran war sends energy … (wkyc.com/article/money/associatedpress/us-consumer-prices-rise-38-as-iran-war-sends-energy-prices-higher/616-fd8cdfdc-d9ab-48a5-87bc-40a7d0f34ce5)
• Inflation spikes to 3.8 percent in April, higher than expected (aol.com/articles/inflation-spikes-3-8-percent-130612000.html)
• PPI report: Wholesale prices rose 0.5% in April, more than expected (cnbc.com/2024/05/14/ppi-report-wholesale-prices-rose-0point5percent-in-april-more-than-expected.html)
• Widening K-shaped economy pattern across income groups (foxbusiness.com/economy/bank-america-data-reveals-widening-k-shaped-consumer-spending-pattern-across-income-groups)
• K-shaped economy is showing up at the gas pump: NY Fed - The Hill (thehill.com/business/5870589-k-shaped-economy-gasoline-consumption/)
• What is the K-shaped economy, where the rich are getting … - Fortune (fortune.com/article/what-is-k-shaped-economy-wealth-inequality-explained/)
• The economy is cracking. This trend is most alarming. (washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/)
• Senate confirms Kevin Warsh as Fed governor, clears way for chair … (cnbc.com/2026/05/12/senate-confirms-kevin-warsh-as-fed-governor-clears-way-for-chair-vote.html)
• Kevin Warsh wins Senate confirmation to Federal Reserve Board of … (finance.yahoo.com/economy/policy/article/kevin-warsh-wins-senate-confirmation-to-federal-reserve-board-of-governors-putting-him-one-step-closer-to-replacing-jerome-powell-as-chair-113716444.html)
• Senate Banking Committee to vote on Clarity Act crypto bill (finance.yahoo.com/markets/crypto/articles/senate-banking-committee-vote-clarity-112544303.html)
• Senate Banking Committee unveils revised Clarity Act text before … (https://crypto.news/senate-banking-committee-unveils-revised-clarity-act-text-before-key-vote/)
• Crypto Market Structure Bill Gains Bipartisan Momentum (bitcoinmagazine.com/politics/crypto-market-bill-gains-momentum)
• Coinbase CEO Brian Armstrong heads to Senate to advocate for … (cryptobriefing.com/coinbase-ceo-senate-crypto-bill/)
• Labor unions oppose Senate crypto bill ahead of Thursday … (theblock.co/post/400917/labor-unions-oppose-senate-crypto-bill-ahead-of-thursday-committee-markup-report)
• Crypto legislation faces another hurdle: Labor unions (cnbc.com/2026/05/12/congress-crypto-legislation-labor-unions.html)
• Strategy CEO Phong Le unveils 6 capital-management principles … (whale-alert.io/stories/e1b0012de19b6f/Strategy-CEO-Phong-Le-unveils-6-capital-management-principles-prioritizing-Bitcoin-per-share-and-allowing-BTC-sales)
• Strategy weighs selling bitcoin to fund dividends amid Q1 net loss (coindesk.com/business/2026/05/05/michael-saylor-s-strategy-signals-potential-bitcoin-sale-to-fund-dividends-obligations)
• Strategy Will Keep Buying Bitcoin Forever, Saylor Says (bitcoinmagazine.com/news/strategy-mstr-michael-saylor-bitcoin-buys)
• Strategy Considers Bitcoin Liquidation to Cover Preferred Dividends (mycryptoparadise.com/saylors-bitcoin-dividend-sale-tests-treasury-faith/)
• Crypto-Assets: Implications for Consumers, Investors, and … (home.treasury.gov/system/files/136/CryptoAsset_EO5.pdf)
• A good article deeply analyzing the impact of Bitcoin ETF on … (https://chainless.hk/2024/03/11/a-good-article-deeply-analyzing-the-impact-of-bitcoin-etf-on-future-finance/)
• Inflation spikes to 3.8 percent in April, higher than expected - The Hill (thehill.com/business/5873675-inflation-rate-april-iran-war/)
• US consumer prices rise 3.8% as Iran war sends energy ...
They want to blame the war, but the split was already there. This week, I follow the K-shaped economy under the headlines, and Bitcoin’s uncomfortable signal: adoption is accelerating, and so is domestication.
Episode Links
• 🇺🇸 Buy Sats on River (partner.river.com/jupiter) - The best way to stack in the US
• 🇨🇦 The Bitcoin Well (bitcoinwell.com/jupiter) - An amazing automatic self-custody Bitcoin platform
• ⚡ The Bitcoin Company (app.thebitcoincompany.com/signup?ref=JUPITER) - Spending your Bitcoin Via Lightning
• 🏦 Fold Card (use.foldapp.com/r/XNHPXTFC) - Pay bills Stack Sats
• 💵 SALT Lending (borrower.saltlending.com/register?referralCode=GkPQdbqWG) - Get access to your BTC Value w/out Selling
Show Notes
• US consumer prices rise 3.8% as Iran war sends energy … (wkyc.com/article/money/associatedpress/us-consumer-prices-rise-38-as-iran-war-sends-energy-prices-higher/616-fd8cdfdc-d9ab-48a5-87bc-40a7d0f34ce5)
• Inflation spikes to 3.8 percent in April, higher than expected (aol.com/articles/inflation-spikes-3-8-percent-130612000.html)
• PPI report: Wholesale prices rose 0.5% in April, more than expected (cnbc.com/2024/05/14/ppi-report-wholesale-prices-rose-0point5percent-in-april-more-than-expected.html)
• Widening K-shaped economy pattern across income groups (foxbusiness.com/economy/bank-america-data-reveals-widening-k-shaped-consumer-spending-pattern-across-income-groups)
• K-shaped economy is showing up at the gas pump: NY Fed - The Hill (thehill.com/business/5870589-k-shaped-economy-gasoline-consumption/)
• What is the K-shaped economy, where the rich are getting … - Fortune (fortune.com/article/what-is-k-shaped-economy-wealth-inequality-explained/)
• The economy is cracking. This trend is most alarming. (washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/)
• Senate confirms Kevin Warsh as Fed governor, clears way for chair … (cnbc.com/2026/05/12/senate-confirms-kevin-warsh-as-fed-governor-clears-way-for-chair-vote.html)
• Kevin Warsh wins Senate confirmation to Federal Reserve Board of … (finance.yahoo.com/economy/policy/article/kevin-warsh-wins-senate-confirmation-to-federal-reserve-board-of-governors-putting-him-one-step-closer-to-replacing-jerome-powell-as-chair-113716444.html)
• Senate Banking Committee to vote on Clarity Act crypto bill (finance.yahoo.com/markets/crypto/articles/senate-banking-committee-vote-clarity-112544303.html)
• Senate Banking Committee unveils revised Clarity Act text before … (https://crypto.news/senate-banking-committee-unveils-revised-clarity-act-text-before-key-vote/)
• Crypto Market Structure Bill Gains Bipartisan Momentum (bitcoinmagazine.com/politics/crypto-market-bill-gains-momentum)
• Coinbase CEO Brian Armstrong heads to Senate to advocate for … (cryptobriefing.com/coinbase-ceo-senate-crypto-bill/)
• Labor unions oppose Senate crypto bill ahead of Thursday … (theblock.co/post/400917/labor-unions-oppose-senate-crypto-bill-ahead-of-thursday-committee-markup-report)
• Crypto legislation faces another hurdle: Labor unions (cnbc.com/2026/05/12/congress-crypto-legislation-labor-unions.html)
• Strategy CEO Phong Le unveils 6 capital-management principles … (whale-alert.io/stories/e1b0012de19b6f/Strategy-CEO-Phong-Le-unveils-6-capital-management-principles-prioritizing-Bitcoin-per-share-and-allowing-BTC-sales)
• Strategy weighs selling bitcoin to fund dividends amid Q1 net loss (coindesk.com/business/2026/05/05/michael-saylor-s-strategy-signals-potential-bitcoin-sale-to-fund-dividends-obligations)
• Strategy Will Keep Buying Bitcoin Forever, Saylor Says (bitcoinmagazine.com/news/strategy-mstr-michael-saylor-bitcoin-buys)
• Strategy Considers Bitcoin Liquidation to Cover Preferred Dividends (mycryptoparadise.com/saylors-bitcoin-dividend-sale-tests-treasury-faith/)
• Crypto-Assets: Implications for Consumers, Investors, and … (home.treasury.gov/system/files/136/CryptoAsset_EO5.pdf)
• A good article deeply analyzing the impact of Bitcoin ETF on … (https://chainless.hk/2024/03/11/a-good-article-deeply-analyzing-the-impact-of-bitcoin-etf-on-future-finance/)
• Inflation spikes to 3.8 percent in April, higher than expected - The Hill (thehill.com/business/5873675-inflation-rate-april-iran-war/)
• US consumer prices rise 3.8% as Iran war sends energy ...
