Bitcoin’s Data Debate: Should the Blockchain Be Permissionless? | Sergio Lerner Supply Shock 2026-09-19 | Bitcoin’s Data Debate: Should the Blockchain Be Permissionless? | Sergio Lerner
Why This Bitcoin Cycle Could Last Until 2027 | Mike Alfred Supply Shock 2025-10-09 | In this episode, Founder & Managing Partner at Alpine Fox Mike Alfred explains why this bull run could stretch into 2026–27, how institutions and treasury companies are changing the game, and why retail is still asleep. He also dives into the risks and narratives shaping the market, how investors should think about balancing Bitcoin with Bitcoin proxies like miners, and why he’s fading the Bitcoin Knots drama. Enjoy!—Follow Mike: https://x.com/mikealfred Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY200 for £200 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction01:57 When Will the Bitcoin Cycle End?08:39 Catalysts that Could Move Bitcoin12:37 Historical Analogues & Market Risks17:12 Biggest Overbought Narratives18:57 Bitcoin Treasuries & Mastering Narratives25:57 Bitcoin vs Bitcoin Alternatives29:35 How Institutions See Bitcoin33:51 Crypto & Tokenization37:03 The Future of Bitcoin40:21 Debunking Bitcoin FUD43:11 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Core vs Knots: Are We Headed for a Fork? | Mike Schmidt Supply Shock 2025-10-07 | In this episode, Mike Schmidt of Brink unpacks Bitcoin’s current technical war. We cover misconceptions about Bitcoin Core, the heated debate around OP_RETURN and relay policies, the role of node operators versus popular will, how funding and incentives shape development, and the risks of multiple implementations. Enjoy!—Follow Mike: https://x.com/bitschmidty Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY200 for £200 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:30 Clearing Up Bitcoin Core Myths05:17 How Bitcoin Core Really Reaches Consensus09:30 The OP_RETURN & Data Wars20:30 Why Node Operators Shape the Network24:02 The Hidden Risks of Knots26:12 Consensus vs. Popular Opinion29:00 Putting Bitcoin Core Under the Microscope31:53 Who Funds Bitcoin Core and Why It Matters39:39 The Danger of Multiple Implementations43:22 The Future of Arbitrary Data on Bitcoin45:06 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Living a Bitcoin-Only Life Is Now Possible | Shehzan Supply Shock 2025-10-02 | In this episode, Founder of Lava Shehzan Maredia explains how Bitcoin-backed loans, yield products, payroll conversion, and self-custody tools through Lava are enabling people to live on a Bitcoin standard while avoiding sales, taxes, and centralized risk. Enjoy!—Follow Shehzan: https://x.com/MarediaShehzan Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY200 for £200 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:30 Lava’s Vision & Fundraising03:11 Inside Lava’s Platform04:35 Trust & Self-Custody06:29 Life on a Bitcoin Standard15:41 Bitcoin-Backed Loan Strategies20:21 Bitcoin Mortgages & Innovation21:58 Revenue & Monetization26:22 Security & Key Management31:12 The Future of Bitcoin Finance34:59 Long-Term Bitcoin Predictions36:44 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin & the Coming Wave of Money Printing | Arthur Hayes Supply Shock 2025-09-30 | Live from the Origin Summit, hosted by Story and Blockworks, Co-Founder of BitMEX & CIO of Maelstrom Arthur Hayes shares his macro view on the erosion of Fed independence, inevitable money printing, and how these forces intersect with crypto markets. He covers Bitcoin’s performance versus gold and stocks, the political choices around AI’s productivity boom, and why DeFi, stablecoins, and new decentralized trading models are at the heart of the next cycle. Enjoy!__Follow Arthur: https://x.com/CryptoHayesFollow Felix: https://x.com/fejau_incFollow Forward Guidance: twitter.com/ForwardGuidanceFollow Blockworks: twitter.com/Blockworks_Origin Summit: https://www.originsummit.xyz/Forward Guidance Telegram: https://t.me/+CAoZQpC-i6BjYTExForward Guidance Newsletter: blockworks.co/newsletter/forwardguidance—Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY200 for £200 OFFblockworks.co/event/digital-asset-summit-2025-london—Timestamps:00:00 Introduction02:50 Money Printing & Yield Curve Control05:42 What Does this Mean for Bitcoin?08:48 AI & the Debt Doom Loop12:44 Favorite Crypto Themes & Innovations13:48 Perp DEXes & Hyperliquid18:16 Stablecoin Winners & Losers21:32 Stablecoin Systemic Risk23:30 AI, Intellectual Property, and Blockchain24:47 Western vs. Asian Crypto Markets__Disclaimer: Nothing said on Supply Shock or Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
Bitcoin Core v30 Sparks OP_RETURN Controversy Supply Shock 2025-09-26 | In this clip, Murch breaks down the controversy around Bitcoin Core v30’s change to the OP_RETURN limit, explaining why it’s a technical, incentive-fixing move rather than a threat to the network. He clarifies how this shift could steer data away from clogging the UTXO set while maintaining security and efficiency. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/EUHc5QO0xxg➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Murch: https://x.com/murchandamus Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Core v30 Release: What’s Changing & Why It Matters | Murch Supply Shock 2025-09-25 | In this episode, prolific Bitcoin Core contributor Murch discusses the forthcoming Bitcoin Core v30 release. We explore the evolution of the release process, the shift from legacy Berkeley DB wallets to descriptor wallets, new features for power users and businesses, performance gains like faster indexing, upgrades to networking and mining interfaces, and the cultural debate around conservatism, protocol changes, and developer neutrality. Enjoy!—Follow Murch: https://x.com/murchandamus Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction00:02 Overview of Bitcoin Core Release Process03:08 Details on Bitcoin Core Version 30.005:34 Evolution of Bitcoin Core Development11:32 In-Depth on Wallet Changes21:06 Technical Improvements and Features24:22 Mining and Network Decentralization29:38 Node Operators and Version 30 Benefits41:56 Conservatism in Bitcoin Development45:15 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Turning $0.05 Cans Into BTC | Bruno Oliveira Supply Shock 2025-09-23 | In this episode, Bruno Oliveira and his translator (Felipe Demartini) join the show to discuss Bruno’s journey turning cans into SATs. We discuss how his love of Bitcoin blossomed into a stacking opportunity to the tune of 22 SATS per can and how he plans to reach one whole Bitcoin. We also delve into why Brazil needs Bitcoin, Bruno’s Bitcoin children stories, and more. Enjoy!—Follow Bruno: https://x.com/sucateirocripto Follow Felipe: https://x.com/namcios Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:05 Bruno's Journey Selling Cans for SATs04:00 Inspiration & Love of Bitcoin06:32 The Good & Bad of Bruno’s Can Collecting08:37 Stacking a Whole Bitcoin10:04 Why Brazil & the World Need Bitcoin11:21 Bruno’s Inspirational Story13:20 Bruno's Bitcoin Children Stories16:06 What Would Satoshi Think?17:08 Don’t Give Up on Bitcoin—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
How Bitcoin Knots Sparked a New Culture War | Pourteaux Supply Shock 2025-09-18 | In this episode, Pourteaux joins the show to discuss the rise of Ordinals and inscriptions on Bitcoin, the long-running debate over data storage on the blockchain, and how the controversy around Bitcoin Knots reflects deeper cultural and political shifts within the Bitcoin community. We also explore what this means for Bitcoin’s resilience, miner incentives, and its increasingly partisan perception in U.S. politics. Enjoy!—Follow Pourteaux: https://x.com/pourteaux Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:37 Early Days of Ordinals and Inscriptions06:11 Future of Ordinals on Bitcoin11:14 Bitcoin Knots & Filtering17:09 Bitcoin Resilience vs Innovation25:28 Bitcoin Soft Forks and Knots Maintainers26:50 Knots Community and Bitcoin Politics29:10 Lessons from the Fork Wars30:53 Bitcoin's Political Landscape32:36 Bitcoin and Cultural Shifts35:24 Bitcoin's Partisan Divide38:06 Future of Bitcoin in Politics47:07 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Wars 2.0: Who’s on the Right Side of History? | Jonathan Bier Supply Shock 2025-09-16 | In this episode, author of The Blocksize War Jonathan Bier joins the show to compare the ongoing dispute between Bitcoin Core and Bitcoin Knots with the 2015–2017 fork wars. We examine how both sides claim the “small-blocker” legacy, debate the role of fee markets and mining decentralization, and question whether Bitcoin should tolerate non-monetary data like Ordinals and inscriptions. Enjoy!—Follow Jonathan: https://x.com/jonathanbier Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:35 Comparing Bitcoin Core & Knots to Block Size Wars09:07 Debating Fee Markets & Mining Decentralization34:32 Debating Spam, Blocksize & Bitcoin’s Use41:07 Relay Policies & Network Diversity45:21 The Role of Miners in Bitcoin's Future52:16 The Intolerant Minority & Bitcoin's Success58:39 Mining Centralization Concerns1:03:18 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Civil War: Core vs. Knots Over Arbitrary Data | Shinobi Supply Shock 2025-09-11 | In this episode, Rizzo & Shinobi from Bitcoin Magazine dive into the escalating dispute between Bitcoin Core and Bitcoin Knots, unpacking the ideological clash over arbitrary data in transactions, node vs. miner dynamics, and the legacy of the Fork Wars. They explore whether Bitcoin should be a neutral settlement layer or a strictly financial system, the technical realities of relay and consensus rules, and the rising social tensions around developer authority and dissent. Enjoy—Follow Shinobi: https://x.com/Brian_trollz Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:31 Bitcoin Core Just Doesn’t Understand07:24 Bitcoin's Purpose & Transaction Types09:56 Core Developers' Stance on Network Changes14:39 Arguments Against Arbitrary Data on Bitcoin20:01 Dissent Impact on the Network25:40 Closing Thoughts on Bitcoin Development27:44 Understanding Bitcoin as a Settlement Layer28:52 The Rise & Fall of Ordinals & NFTs on Bitcoin30:41 The Fork War Consensus & Bitcoin's Evolution32:38 Node Supremacy and Economic Relevance35:03 The UASF & Economic Relevance37:19 The Role of Developers & Community Consensus49:14 Educating the Next Generation of Bitcoiners50:52 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
The Biggest Threat to Bitcoins Future Supply Shock 2025-09-10 | In this clip, Michael Tanguma explains why custody risk remains the biggest unsolved problem in Bitcoin and digital assets. Despite Bitcoin’s strong fundamentals and $2 trillion market cap, institutions still see it as speculative because custody is fragile. With few custodians surviving more than a decade, the industry risks repeating another FTX-like collapse unless new solutions emerge.—Full Episode:➤ YouTube 🎥: youtu.be/Lec7rr7UfNM➤Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Michael: https://x.com/MTanguma Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin’s Biggest Unsolved Problem is Custody | Michael Tangum Supply Shock 2025-09-09 | In this episode, co-founder & CEO of Onramp Michael Tanguma argues that this Bitcoin cycle is fundamentally different due to the rising sovereign and institutional bid, suppressed volatility, and structural changes in custody. He explains why gold’s surge is a smoke detector for sound money adoption, why collaborative custody must evolve beyond self-storage and third-party custodians, and why 2022’s collapse was just a “dry run” for the risks ahead. Enjoy!—Follow Michael: https://x.com/MTanguma Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction04:06 Where Are the Sovereigns?08:10 Whales Selling BTC09:34 Where is the Cycle Headed?12:26 Market Infrastructure & Self-Custody18:43 DATs & Bitcoin Custody23:30 Why is Custody an Issue?26:53 Lending Market & FTX 2.031:07 Wild West of Crypto36:13 ETFs & Tokenization38:19 Altcoins in a Maturing Market40:54 2025 Predictions42:25 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin’s 7% Rule: Why Intelligent Leverage Works Supply Shock 2025-09-05 | In this clip, Ed Juline explains how “intelligent leverage” allows corporations to buy more Bitcoin through financial engineering, as long as Bitcoin appreciates at least 7% annually. Drawing on lessons from Saylor’s earnings calls, miner business cycles, and Bitcoin’s discovery as sound money, he argues that Bitcoin’s growth is as inevitable as gravity. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/qP1sTH-J7AE➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Ed:https://x.com/ejulineFollow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on. SupplyShock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions. inthe companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Treasury Companies Mark A New Era Of Intelligent Leverage’” | Ed Juline Supply Shock 2025-09-04 | In this episode, Ed Juline discusses the explosive growth of Bitcoin treasury companies. Ed recounts his journey from early Bitcoin days to working with MicroStrategy, highlighting how “intelligent leverage” has unlocked institutional adoption. We also discuss whether cycles still matter, the risks and opportunities of Bitcoin treasury companies, geographic arbitrage in emerging markets, and how preferred shares and ETFs are shaping Wall Street’s interaction with Bitcoin. Enjoy!—Follow Ed: https://x.com/ejuline Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:25 Treasury Company Realization07:50 Unpacking Intelligent Leverage09:19 Predicting Bitcoin11:39 Is the Four-Year Cycle Over?13:49 Treasury Company Impact on Bitcoin16:32 Can We Expect mNAV Compression?18:59 Tapping into Foreign Markets21:26 Winner-Take-All Market?23:26 Competing for 21M BTC25:19 Rebalancing Treasury Company Holdings26:38 Onboarding People to Bitcoin29:46 Understanding Preferred Share Strategies31:59 Many Types of Bitcoiner36:01 Do Pensions Understand Bitcoin?37:50 Does Custody Matter?39:33 Strategy S&P500 Inclusion41:27 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Self-Custody is the Only Permissionless Bitcoin | Charles Guillemet Supply Shock 2025-09-02 | In this episode, Ledger CTO Charles Guillemet explains the importance of self-custody. He breaks down the evolution of Bitcoin custody, the tradeoffs between ETFs and true self-custody, the importance of seed phrases, institutional adoption through Ledger Vault, and the challenges of making multisig and hardware wallets user-friendly. Charles also stresses that Bitcoin’s value as permissionless money depends on decentralization and self-custody, urging users to practice secure backups and verify transactions. Enjoy!—Follow Charles: https://x.com/P3b7_ Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Timestamps:00:00 Introduction02:40 Bitcoin Custody Evolution03:35 The Importance of Self Custody05:26 Ledger's Role in Bitcoin Security07:08 Seed Phrases & Security Innovations16:24 Institutional Adoption & Custody Trends24:16 Multisig & User Experience28:34 Gifting Bitcoin & Hardware Wallets30:54 Future of Bitcoin Hardware Wallets38:26 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
The Roman Storm Tornado Cash Verdict Explained! Supply Shock 2025-08-29 | In this clip, David Z. Morris breaks down the Roman Storm verdict and what it means for Tornado Cash. While he was convicted on one technical charge, the jury was hung on major money laundering and sanctions charges, leaving the door open for retrial, appeal, or even dismissal. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/VeVivYykROI➤Apple🎙️: bit.ly/3QKdX5a. ➤Spotify🎙️: bit.ly/3YhGJy3—Follow David: https://x.com/davidzmorris Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply. ShockTelegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is. arecommendation to buy or sell securities. ortokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Roman Storm’s Guilty Verdict: What It Means for Digital Privacy | David Z. Morris Supply Shock 2025-08-28 | In this episode, David Z. Morris breaks down the Roman Storm trial, explaining Tornado Cash’s origins, the split verdict, and why the case sets a critical precedent for financial privacy. He highlights how the jury’s hung decision reflects deeper debates about decentralization, crypto regulation, and the limits of state power over code. Enjoy!—Follow David: https://x.com/davidzmorris Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction03:25 Breaking Down Roman Storm Trial Verdict05:49 Background of Tornado Cash09:29 The Arrest and Charges11:58 Legal Nuances & Defense14:18 Ledn Ad14:55 Legal Nuances & Defense18:51 Journalistic Perspective26:15 The Importance of Digital Privacy26:54 Prosecution's Mistakes and Cover-Ups28:07 The First Witness & Payback.com Scam31:13 Jury's Deliberation & Technical Challenges31:51 Ledn Ad32:37 Jury's Deliberation & Technical Challenges35:44 Administration's Stance on Crypto Cases38:54 Appeal Process & Legal Implications44:28 Future of Financial Privacy50:09 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Will Stablecoins Hurt or Accelerate Bitcoin’s Adoption? Supply Shock 2025-08-27 | In this clip, Deigo Gutierrez explains how Bitcoin-backed stablecoins are being used in Latin America, the role of the U.S. Genius Act in shaping adoption, and why short-term savers rely on digital dollars while long-term savers turn to Bitcoin. We also dig into hyperbitcoinization and how Bitcoin is redefining global monetary power. Enjoy!—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow David: https://x.com/dieguitoFollow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Stablecoins Will Beat the Dollar | Diego Gutierrez-Zaldivar Supply Shock 2025-08-26 | In this episode, RootstockLabs co-founder Diego Gutierrez explains how Bitcoin-backed stablecoins and decentralized financial primitives are enabling real-world adoption, especially in volatile economies like Argentina. He contrasts Rootstock’s vision of a Bitcoin-secured, censorship-resistant financial stack with more centralized systems like Ethereum or Solana. Diego also explores how stablecoins, tokenized assets, and even nation-states may converge on Bitcoin rails, and why institutional adoption must be balanced with sovereignty and trust-minimization. Enjoy!—Follow Diego: https://x.com/dieguito Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction01:41 Rootstock & Building on Bitcoin10:17 Ledger Ad11:06 Bitcoin-Backed Stablecoins18:36 Where Will Stablecoins Live?22:11 Why Use Bitcoin for Stablecoins?25:26 Ledger Ad26:12 Problems with Using Other L1s30:22 Other Bitcoin Stablecoins32:22 Tokenizing Real World Assets35:40 Does Tokenizing Make Sense?39:05 Why Hasn’t Argentina Embraced Bitcoin?44:27 Is the 4-Year Cycle Over?48:23 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin: The Most Secure Publishing Tool in the World Supply Shock 2025-08-22 | In this clip, Gabriel Shipton (brother of Julian Assange) explains how Project Spartacus inscribes entire archives of war diaries onto Bitcoin, proving that Bitcoin is not only uncensorable money but also an unstoppable publishing platform. —Full Episode:➤ YouTube 🎥: youtu.be/2dWSrf_Td_0➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Gabriel: https://x.com/GabrielShipton Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin vs. The Censorship Machine: A New Era for Journalists | Gabriel Shipton Supply Shock 2025-08-21 | In this episode, Gabriel Shipton—brother of Julian Assange—joins the podcast to discuss Project Spartacus, a grassroots initiative inscribing WikiLeaks’ most sensitive archives onto the Bitcoin blockchain. By doing so, the project aims to preserve uncensorable historical records, highlight Bitcoin's original ethos as a tool for resistance, and protect the rights of whistleblowers and journalists. Shipton reflects on Julian’s impact, the need for publishing tools outside state control, and how Bitcoin’s evolution offers a future for free expression and immutable truth. Enjoy!—Follow Gabrielle: https://x.com/GabrielShipton Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction02:06 Project Spartacus & Julian Assange06:14 Bitcoin as a Publishing Tool09:56 Ledn Ad10:37 Bitcoin as a Publishing Tool19:01 Project Spartacus Execution & Goals25:56 Ledn Ad26:43 Advocacy for Technologists & Journalists36:51 Julian Assange's Current Life & Future Plans39:26 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Can Bitcoin Survive Without Institutions? Supply Shock 2025-08-20 | In this clip, Hans Thomas from 10X Capital breaks down why institutional adoption is critical for Bitcoin’s survival, how debt can become a hidden risk for treasury companies, and why structures like MicroStrategy’s “flywheel” model create powerful long-term advantages. The conversation highlights how emerging markets, execution discipline, and transparency will determine which companies actually thrive in the Bitcoin treasury race.—Full Episode:➤ YouTube. 🎥:youtu.be/ctmdSqLxZrQ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow 10X Capital: https://x.com/10XCapitalUSA Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
The Bitcoin Flywheel Accelerating Corporate Adoption | Hans Thomas Supply Shock 2025-08-19 | In this episode, CEO & Founder of 10x Capital Hans Thomas explains how Bitcoin treasury companies are becoming global “on-ramps” for digital asset adoption, leveraging public markets and the flywheel effect to compound holdings. He shares insights on raising capital from crypto whales and institutions, executing deals in emerging markets, and why execution and low-cost capital matter more than hype. Enjoy!—Follow Hans: linkedin.com/in/htnyc Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction02:31 Global Treasury Company Opportunities08:35 Capital Formation & Asset Management09:03 Ledger Ad09:50 Capital Formation & Asset Management16:22 Are OGs Using DATs to Cash Out?21:39 Institutional Adoption is Healthy25:36 Ledger Ad26:21 How Should Retail Evaluate DATs?34:30 Should Big Companies Adopt a Bitcoin Strategy?41:40 Bitcoin vs. DATs46:00 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
How Should You Value A Bitcoin Treasury Company? Supply Shock 2025-08-15 | In this clip, Rizzo & Tim Kotzman explore emerging metrics for valuing Bitcoin treasury companies (like forward mNAV) and how they can highlight long-term growth potential even when current valuations seem stretched. However, Tim argues that with major players like BlackRock slowly increasing allocations and new products offering yield plus upside, there’s significant room to run over the coming decades.—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow GUEST: https://x.com/TimKotzman Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock. is arecommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Is The Global Bitcoin Treasury Boom Just Starting? | Tim Kotzman Supply Shock 2025-08-14 | In this episode, co-host of the Bitcoin Treasuries podcast Tim Kotzman breaks down the rapid rise of Bitcoin treasury companies beyond MicroStrategy, highlighting the opportunities in untapped global markets, the emergence of new investor metrics like Bitcoin-per-share and forward mNAV, and the challenges for retail investors navigating risk and jurisdictional complexity. He discusses company differentiation, the potential for M&A, the influence of institutional adoption, and why he expects significant expansion in the sector through year-end. Enjoy!—Follow Tim: https://x.com/TimKotzman Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction02:28 Bitcoin Treasury Boom04:36 Are We Still Early?06:12 Increasing BTC Per Share09:36 Valuation Metrics10:29 Ledn Ad11:11 Valuation Metrics14:58 Role of mNAV17:34 Challenges for Retail22:29 Ledn Ad23:10 How Do You Maximize Your BTC?26:03 Differentiating From Other Companies30:36 Bitcoin vs Digital Asset Treasuries33:39 Treasury Boom Expansion or Contraction?35:42 When Will Mag7 Buy Bitcoin?41:43 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
The End of Bitcoin’s Boom-Bust Era? Supply Shock 2025-08-13 | In this clip, Adrian Morris explains why Bitcoin’s famous four-year boom-bust cycle may be evolving. While past cycles aligned with halving events, they were also fueled by trillions in government stimulus that pushed investors out the risk curve. Today, with institutional accumulation via ETFs, corporate adoption, and declining volatility, the incentive to rotate out of Bitcoin is shrinking, potentially ending the old cycle dynamics. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/vhF9z3JLd8k➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Adrian: https://x.com/Adrian_R_Morris Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin to $1 Million: The Stairway to Heaven | Adrian Morris Supply Shock 2025-08-12 | In this episode, Adrian Morris of True North argues that Bitcoin’s current market phase is fundamentally different from past cycles. He attributes prior boom-bust patterns less to the halving schedule and more to stimulus-driven speculation, noting that institutional ETFs, corporate treasuries, and reduced volatility are now creating a stronger, more stable bid. This “Stairway to Heaven” thesis envisions Bitcoin steadily stair-stepping higher rather than repeating extreme four-year cycles. Enjoy!—Follow Adrian: https://x.com/Adrian_R_Morris Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction00:55 Debating Bitcoin's Four-Year Cycle05:35 Historical Context & Early Bitcoin Market09:20 Impact of Stimulus on Bitcoin & Altcoins17:50 Institutional & Corporate Influence31:05 Ethereum & Institutional Sentiment36:42 Corporate Bitcoin Strategies & Risks41:16 Digital Asset Treasury Movement42:44 Ethereum vs. Bitcoin Treasuries48:49 Stairway to Heaven: Bitcoin's Future52:07 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin’s 4-Year Cycle Is NOT Dead Supply Shock 2025-08-08 | In this clip, Michael Terpin pushes back on claims that Bitcoin's 4-year cycle is dead. He lays out compelling historical and onchain evidence that the cycle still drives price action—just with diminishing returns each time. While macro and regulation now play a bigger role, Terpin argues that retail psychology remains the dominant force, and that even today’s more “mature” ETF-driven retail is still buying late and panicking early. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/pR6xvAp4W8I➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Michael: https://x.com/michaelterpin Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply. Shock Newsletter:blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on. Supply Shock is arecommendation. to buy or sellsecurities. or tokens.This podcast is for informational. purposesonly, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions. inthe companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoins Blow-off Top Is Coming | Michael Terpin Supply Shock 2025-08-07 | In this episode, author of Bitcoin Supercycle Michael Terpin explains why he believes the four-year Bitcoin cycle is still intact. He outlines his view that Bitcoin operates in "seasons" (spring, summer, fall, winter), with predictable post-halving behavior and diminishing returns. While macro forces and ETF inflows may distort short-term sentiment, Michael argues that human psychology and market structure still drive cyclical corrections. Enjoy!—Follow Michael: https://x.com/michaelterpin Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for £100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction01:37 Debating the Bitcoin Supercycle09:08 Early & Future Bitcoin Adoption11:30 Ledn Ad12:09 Early & Future Bitcoin Adoption13:52 Political Influence on Bitcoin18:31 Bitcoin's Seasonal Patterns25:29 Ledn Ad26:17 Ethereum & Altcoins30:08 Innovations & Failures in Crypto44:05 The Concept of Bitcoin Supercycle—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Crypto Has Entered A One-Way Door Supply Shock 2025-08-06 | In this clip, Bitwise CIO Matt Hougan argues that crypto is entering a new era driven by institutional adoption and regulatory clarity—two long-term forces that will likely override the old four-year cycle. With $35B in ETF inflows already, he expects flows to grow year after year, powered by slow-moving but powerful investors. While political risk still lingers, he says we’ve passed through “one-way doors” on ETFs, stablecoins, and market structure. The current cycle may rhyme with those of the past, but this time, it really is different. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/nYXAn0BG1oM➤ Apple🎙️: bit.ly/3QKdX5a. ➤Spotify🎙️: bit.ly/3YhGJy3—Follow Matt: https://x.com/Matt_Hougan Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin’s Four-Year Cycle Is Over | Matt Hougan Supply Shock 2025-08-05 | In this episode, Bitwise CIO Matt Hougan explains why he thinks the four-year Bitcoin cycle is breaking down. He predicts a smoother, longer cycle ahead, driven by ETF flows, regulatory clarity, and a more mature market structure.While Rizzo wrestles with nostalgia for the classic boom-bust cycle, Hougan makes the case that “this time really is different.” Enjoy!—Follow Matt: https://x.com/Matt_Hougan Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction 01:03 Debating Bitcoin's Four-Year Cycle 04:13 Institutional Adoption & Regulation 04:57 Are Four-Year Cycles Psychological? 08:37 Bitcoin’s Evolving Political Impact 09:48 Ledger Ad 10:38 Bitcoin’s Evolving Political Impact 17:00 Institutions Are Slow & Steady 18:58 Reflecting on Bitcoin's Scarcity 22:20 Crypto Regulation & Institutional Impact 23:38 Ledger Ad 24:25 Retail Investors & the Four-Year Cycle 25:45 Adapting to Bitcoin's Middle Ages 33:28 Can Blockchain Support Incoming Demand? 36:50 Sovereign Adoption & Strategic Reserves 38:28 OG Bitcoin HODLers Cashing Out 41:38 Final Thoughts —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
The Bitcoin Treasury Trade Is Over Supply Shock 2025-08-01 | In this clip, Maple Finance CEO Sidney Powell explains the key difference between Bitcoin treasury companies (like MicroStrategy) using layered capital structures to bet on BTC appreciation and new yield-focused approaches that generate actual onchain Bitcoin returns. He outlines four real ways to earn BTC yield, highlights tax and counterparty risks, and shows why native yield matters for institutions. Enjoy!—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow GUEST: TWITTER Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_. JoinSupply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply. ShockNewsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is. arecommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Treasury Companies Will Lose The Bitcoin Yield Race | Sidney Powell Supply Shock 2025-07-31 | In this episode, Maple Finance CEO Sidney Powell joins the show to discuss the evolving market for earning yield on Bitcoin. We explore the rise of Bitcoin treasury companies like MicroStrategy, the differences between capital structure-based returns and real onchain yield, and the role of staking and DeFi in delivering Bitcoin-native returns. Sid breaks down the risk profiles between tokenization and securitization, discusses Bitcoin Layer 2 competition, and shares why Maple is betting on the emergence of a Bitcoin yield ecosystem. Enjoy!—Follow Sid: https://x.com/syrupsid Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction 01:31 Earning Yield with Your BTC 03:58 Bitcoin Treasury Companies vs Maple 12:03 Securitization vs Tokenization 12:52 Ledn Ad 13:31 Securitization vs Tokenization 15:15 Maple’s Target Market 18:40 Appealing to Bitcoiners 22:46 Layer 2 Ecosystems 26:22 Ledn Ad 27:09 Will Bitcoin Have a Killer App? 29:10 Building off of Bitcoin 31:06 Bitcoin’s Long-Term Security Problem 33:38 Different Ways to Generate BTC Yield 35:35 Moving to a Multi-Blockchain World? —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Are Democrats Betting on a Bitcoin Collapse? Supply Shock 2025-07-30 | In this clip, Rizzo and Alp explore how political incentives, massive debt, and the evolving identity of Bitcoin users could shape U.S. crypto policy. They argue that Democrats may strategically wait for a Bitcoin crash to attack Trump-aligned Bitcoiners, while “America First” Bitcoiners aim to use BTC as a geopolitical weapon, despite the math not adding up. The conversation questions whether Bitcoin can meaningfully fix the debt crisis, and highlights the risk of ideological capture and financial volatility. Enjoy!—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk ➤ Apple🎙️: bit.ly/3QKdX5a. ➤Spotify🎙️: bit.ly/3YhGJy3—Follow Alp: https://x.com/alpacasw Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Is Mainstream, But At What Cost? | Alp Supply Shock 2025-07-29 | In this episode, OG Bitcoiner Alp reflects on Bitcoin’s transformation from a fringe libertarian experiment to a mainstream political tool. They discuss the dilution of early Bitcoin culture, the lingering identity crisis among mid-cycle adopters, the myth of ongoing existential threats, and the shift from cypherpunk ideals to nation-state interests. Alp shares his skepticism of Bitcoin's co-option by U.S. political movements and emphasizes that while Bitcoin is no longer underground, its core functionality and value remain intact. Enjoy!—Follow Alp: https://x.com/alpacasw Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction 06:04 Bitcoin’s Changing Culture 09:56 Ledger Ad 10:43 Bitcoin’s Contrarian Mindset 16:46 Evolution of Bitcoin Upgrades 20:26 Unpacking Bitcoin Knots 24:45 Future of Bitcoin & Political Implications 26:13 Ledger Ad27:00 Future of Bitcoin & Political Implications 28:13 Currency Competition, Tether & Dollarization 29:55 US Politics & Bitcoin 32:14 Stablecoins & the Financial System 36:59 Bitcoin's Role in America's Debt Problem 48:46 The Cypherpunk Dream & Bitcoin's Future 52:31 Final Thoughts —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Millions of Bitcoins Could Be Lost to Quantum—How to Protect Your Coins Supply Shock 2025-07-25 | In this clip, Bitcoin veteran Jameson Lopp explains a phased proposal to protect Bitcoin from a future quantum computing threat. The plan addresses how to migrate funds to post-quantum cryptography, even for dormant coins like Satoshi’s, and includes mechanisms to reject vulnerable transactions after a multi-year upgrade window. The biggest concern? Millions of Bitcoins could be stolen and dumped if users don’t migrate in time.—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk. ➤Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Jameson: https://x.com/lopp Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Quantum Computing: Solving Bitcoins Greatest Threat | Jameson Lopp Supply Shock 2025-07-24 | In this episode, Bitcoin veteran Jameson Lopp discusses the growing threat of quantum computing to Bitcoin’s cryptography. He breaks down his new Bitcoin Improvement Proposal (BIP) that aims to prevent a catastrophic supply shock by encouraging a network-wide migration to quantum-resistant addresses. Lopp explains the nuances of Shor’s algorithm, possible migration schemes, controversies around locking old funds, and his phased plan to protect user assets. We also touch on the state of Bitcoin L2s, BitVM progress, mining risks, and the philosophical tension between ossification and innovation. Enjoy!—Follow Jameson: https://x.com/lopp Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 Against Allowing Quantum Recovery of Bitcoin:blog.lopp.net/against-quantum-recovery-of-bitcoin —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction 02:38 Bitcoin’s Quantum Threat 07:18 Presidio Conference 10:27 Quantum Resistant Solutions 11:08 Ledn Ad 11:45 Quantum Resistant Solutions 17:14 Jameson’s Proposal 23:21 What If You’re In A Coma? 25:00 Ledn 25:45 Proposal Feedback 27:20 Quantum Mining 29:59 How Fast Is A Quantum Hack? 32:15 The Quantum Plan 33:41 How To Protect Your Funds? 35:39 Bitcoin Layers 2s 37:43 Core vs Knots 42:01 Is Bitcoin Progressing? 45:16 Final Thoughts —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Cant Win Without Innovation Supply Shock 2025-07-23 | In this clip, Eli Ben-Sasson argues that we're still in the earliest phases of exploring Bitcoin and crypto’s potential. While some maximalists resist experimentation, history shows that meaningful innovation—from paper money to programmable systems—takes centuries to mature. Eli makes the case for allowing tokens, privacy, and smart contract innovation rather than forcing everything through Bitcoin. Embracing experimentation is essential to discovering what truly works.—Full Episode:➤ YouTube 🎥: youtu.be/wy8FieFeUhk➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Eli: https://x.com/EliBenSasson Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Ossification Is a Threat to Its Survival | Eli Ben-Sasson Supply Shock 2025-07-22 | In this episode, Co-Founder of StarkWare Eli Ben-Sasson joins the show to explore the philosophical and technical crossroads between Bitcoin and Ethereum. He recounts the early hopes of building zk-tech on Bitcoin, the cultural rift that pushed innovation elsewhere, and why Bitcoin’s potential remains limited without soft forks. Eli argues for a future where Bitcoin’s principles—decentralization, verifiability, and self-custody—can scale globally through new cryptographic tools like ZK proofs and Layer 2s. He reflects on governance, protocol ossification, and the critical need for experimentation to preserve Bitcoin’s revolutionary promise. Enjoy!—Follow Eli: https://x.com/EliBenSasson Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction 01:41 Early Bitcoin Development 02:48 Privacy & Alternative Cryptocurrencies 05:56 Bitcoin: The Asset vs. Tech 10:03 Ledger Ad 10:51 Bitcoin: The Asset vs. Tech 13:48 Ethereum's Emergence & Impact 20:53 Experimentation & Innovation in Crypto 31:54 The Cultural Impact of Bitcoin's Development 34:03 Historical Perspective on Bitcoin's Adoption 34:55 The Necessity of Experimentation in Crypto 35:54 Bitcoin's Global Product Market Fit 37:12 Ledger Ad 37:59 Challenges in Bitcoin's Consensus Process 39:18 Governance Issues in Decentralized Blockchains 41:33 The Future of Bitcoin & Global Economics 43:34 The Role of Decentralization in Blockchain 54:51 ZK Technology & Its Applications 01:01:32 Living on Bitcoin —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Or The Hamster Wheel? Your Choice. Supply Shock 2025-07-18 | In this clip, Didi Taihuttu shares the emotional journey that led him to sell everything—his house, business, vehicles, and even his kids' savings—to go all in on Bitcoin. After losing both parents and facing burnout, he chose freedom, minimalism, and life on the road with his family. His conviction in Bitcoin wasn't just financial—it was rooted in lifestyle, values, and firsthand experience with the global need for decentralized money. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/uHibCC6GiwU➤Apple🎙️: bit.ly/3QKdX5a. ➤Spotify🎙️: bit.ly/3YhGJy3—Follow Didi: https://x.com/Diditaihuttu Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
He Traded His HOUSE For Bitcoin In 2017—Why Hes STILL HODLing | Didi Taihuttu Supply Shock 2025-07-17 | In this episode, Didi Taihuttu—aka the "Bitcoin Family" patriarch—shares the origin story behind selling everything to go all-in on Bitcoin, from early GPU mining and Dogecoin experiments to surviving bear markets and living unbanked for nearly a decade. He discusses why he believes Bitcoin is the only true tool for financial freedom, the moral cost of traditional finance, and how the rise of stablecoins, Lightning, and crypto infrastructure shape a new global reality. Plus, how Bitcoin can empower machines, children, and the next generation of digital nomads. Enjoy!—Follow Didi: https://x.com/Diditaihuttu Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction01:14 Bitcoin Bull Markets 03:52 Early Days of Bitcoin Mining 08:23 Switching to Dogecoin 09:35 Ledn Ad 10:13 Switching to Dogecoin 11:33 Selling Everything for Bitcoin 13:58 Living the Bitcoin Lifestyle 20:36 Trading and the 2017 Crypto Boom 21:37 Bitcoin Maximalism & Diversification 22:58 Living Unbanked 24:30 Ledn Ad 25:16 Investing in Crypto Projects 26:48 The Cultural Schism in Bitcoin Maximalism 30:01 The Future of Bitcoin & Decentralization 33:20 Lightning Network & Education 36:11 Stablecoins 39:50 The Future of Bitcoin Adoption 43:11 Predicting Bitcoin's Future 46:22 Final Thoughts —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Why Crypto Regulation Is Doomed To Fail Supply Shock 2025-07-16 | In this clip, Patrick Murck contrasts the smooth political path of the Genius Act with the stalled, contentious market structure bill. He argues that U.S. stablecoin policy is easy to align with dollar dominance, while regulating crypto market structure brings competing values into conflict—especially between trust-minimized innovation and the legacy compliance system. Patrick advocates for fixing the outdated securities law system entirely, rather than forcing crypto into it while warning that meaningful reform will take time and real debate. Enjoy!—Full Episode:➤ YouTube 🎥: youtu.be/OdJrO0Tgehg ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Patrick: https://x.com/virtuallylaw Follow Rizzo: https://x.com/pete_rizzo_ Follow. SupplyShock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock. Newsletter:blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and. any views expressed by anyone. on the show are opinions, not financial advice. Hosts. and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Securities Laws Are Broken & The Market Structure Bill Will Fail | Patrick Murck Supply Shock 2025-07-15 | In this episode, Founder & CEO of Surus.io Patrick Murck joins the show to reflect on Bitcoin’s rise to a fresh all-time high, its original mission of financial autonomy, and the tension between price appreciation and real-world use. He discusses stablecoins as dollar-compatible tools, why market structure reforms are stalled, and how his new company enables tokenized real-world assets with bankruptcy-remote custody. We also explore US regulatory history, accredited investor rules, and why crypto remains an experiment with both promise and pitfalls. Enjoy!—Follow Patrick: https://x.com/virtuallylaw Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Join us at Digital Asset Summit in London October 13-15. Use code SUPPLY100 for $100 OFFblockworks.co/event/digital-asset-summit-2025-london —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com.—Timestamps:00:00 Introduction01:00 Bitcoin's All-Time High 03:23 Bitcoin's Evolution 05:25 Bitcoin Treasuries & Corporate Adoption 06:19 Ledger Ad 07:05 Bitcoin Treasuries & Corporate Adoption 20:37 Regulatory Landscape & Early Challenges 35:12 Ledger Ad 35:57 Regulatory Landscape & Early Challenges 38:17 Crypto Market Structure & Securities Laws 43:21 The Future of Crypto Innovations 46:03 Bitcoin Treasuries and Marketplaces 50:33 Challenges in Crypto Regulation 55:52 Building Real World Asset Tokens 01:20:19 The Evolution of Crypto Generations 01:09:38 Final Thoughts —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Will Beat Ethereum At Its Own Game Supply Shock 2025-07-11 | In this clip, Alex B explains how Arkade's new scripting environment brings Ethereum-style programmability to Bitcoin without bridges or complex zero-knowledge proofs. By preserving Bitcoin’s UTXO model off-chain, Arcade unlocks smart contracts, AMMs, and credit markets while avoiding the security risks that have plagued bridge-based solutions – potentially enabling a true Bitcoin-native capital market revolution.—Full Episode:➤ YouTube 🎥: youtu.be/riw1US-pUAs ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Alex: https://x.com/bergealex4 Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone. onthe show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin’s Battle For Programmable Money | Alex B Supply Shock 2025-07-10 | In this episode, Alex B from Ark Labs joins the show to discuss how Arkade, a new Bitcoin scaling protocol, enables off-chain programmability without bridges, preserves self-custody, and avoids global state constraints. He discusses complementarity with Lightning, unlocking Bitcoin-native capital markets, programmable contracts, synthetic assets, and how Arkade could transform Bitcoin financial infrastructure – and more. Enjoy!—Follow Alex: https://x.com/bergealex4 Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction02:37 What is Arkade?06:17 Ledn Ad06:59 Programmability & Scripting12:32 Comparing Arkade with Other Solutions33:01 Future of Bitcoin Financialization33:49 Ledn Ad34:35 Future of Bitcoin Financialization48:46 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Treasury Doom Debunked Supply Shock 2025-07-09 | In this clip, CEO of Swan Cory Klippsten dismisses Bitcoin treasury doomsday theories, arguing that the market is still in its infancy with minimal capital deployed compared to its potential. They predict that future dominant Bitcoin treasury companies will be profitable cash-flowing businesses reallocating their profits into Bitcoin, similar to leveraged buyout targets, rather than speculative shells. The speaker emphasizes that this is just the beginning and warns against confident forecasts given how early the market remains.—Full Episode:➤ YouTube 🎥: youtu.be/09ziG0mRCNg ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Cory: https://x.com/coryklippsten Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Treasuries: Were Just Getting Started | Cory Klippsten Supply Shock 2025-07-08 | In this episode, CEO of Swan Cory Klippsten discusses Swan Bitcoin’s Series C raise and its partnership with a French semiconductor company pivoting into Bitcoin treasury accumulation. He explains the rise of leveraged Bitcoin equities, how these companies use debt markets to acquire Bitcoin, and the potential influx of institutional fixed income into Bitcoin. Cory breaks down risks, opportunities, and why he believes Bitcoin-focused financial institutions are inevitable – touching on market cycles, treasury company models, and strategic corporate adoption. Enjoy!—Follow Cory: https://x.com/coryklippsten Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Ledger, the global leader in digital asset security, proudly sponsors Supply Shock. As Bitcoin adoption grows, Ledger celebrates 10 years of securing over 20% of the world’s crypto. Buy a LEDGER™ device now for true self-custody and peace of mind in securing your Bitcoin. Devices are also available in Bitcoin orange. For every device ordered in BTC Orange, we’ll donate $5 to brink.dev. Buy now at https://Ledger.com. —Timestamps:00:00 Swan-Sequans Treasury Partnership2:45 Bitcoin Treasury Endgame4:59 Leveraged Bitcoin Equities6:30 Breaking Down the Strategy7:30 Ads (Ledger)8:14 Breaking Down the Strategy12:07 Unique Arbitrage Opportunities15:35 Differentiating Good vs Bad Actors17:55 Fixed Income Opportunity19:36 When do the Floodgates Open?22:53 Ads (Ledger)23:38 When do the Floodgates Open?25:06 Swan’s Goals28:33 Crypto Treasury Companies30:44 Is this Bull Market Different?32:44 Bitcoin Treasury Doomsday36:00 Moving Toward Hyperbitcoinization38:40 Final Thoughts—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Core Faces Impossible Demands Supply Shock 2025-07-05 | In this clip, Peter Todd explains why critiques demanding Bitcoin Core change its development process are technically flawed, outlines how proposed solutions to block arbitrary data like NFTs (e.g. monkey JPEGs) would be costly and impractical, discusses the impossibility of stopping such data entirely, and argues Bitcoin development is better spent improving fees and scalability than fighting unwinnable censorship battles. Enjoy!—Full Episode:➤ YouTube 🎥: bit.ly/4m62Txk. ➤Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Peter: https://x.com/peterktodd Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Bitcoin Core vs. The World: Why It Can’t Be Shut Down | Peter Todd Supply Shock 2025-07-03 | In this episode, Bitcoin core developer Peter Todd discusses the rise of Bitcoin Knots, censorship debates, op_return limits, miner incentives, the challenges of blocking ordinals and inscriptions, scaling via Lightning, the future of Bitcoin development, and more. Enjoy!—Follow Peter: https://x.com/peterktodd Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock Supply Shock Survey: bitcoinhistorynl.beehiiv.com/forms/979475d9-fb4b-4c13-99af-5037dd5718c6 —Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.Visit ledn.io to learn more. —Timestamps:00:00 Introduction01:24 Bitcoin's Firestorm02:07 Ledn Title Ad02:28 Bitcoin's Firestorm06:27 Satoshi Dice08:50 Censoring Transactions13:34 Ability to Dissent16:45 Ledn Ad17:22 Is Bitcoin Knots A Threat?20:16 The Knots Critique of Bitcoin27:52 Making A Moral Argument28:46 Ledn Ad29:32 Making A Moral Argument32:03 Responsibility of Miners35:54 Filtering is Pointless37:33 “Shoulds” vs Reality41:56 Development & Price44:56 Multiple Bitcoin Soft Forks47:19 Bitcoin Dream Development49:53 Alternative Financial System53:22 Innovations in Crypto—Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
Why 99% Of Crypto Will Go To Zero Supply Shock 2025-07-02 | In this clip, Jeff Garzik explains why Bitcoin and Ethereum remain dominant despite thousands of crypto experiments. He argues most altcoins trend to zero, but their innovations beta-test tech for Bitcoin. Ethereum succeeded where Bitcoin didn’t by enabling autonomous smart contracts, and institutional trust still heavily favors BTC for its maturity and predictability.—Full Episode:➤ YouTube 🎥: youtu.be/2cD9OnKNKDI ➤ Apple🎙️: bit.ly/3QKdX5a ➤ Spotify🎙️: bit.ly/3YhGJy3—Follow Jeff: https://x.com/jgarzik Follow Rizzo: https://x.com/pete_rizzo_ Follow Supply Shock: twitter.com/SupplyShockBW Follow Blockworks: twitter.com/Blockworks_ Join Supply Shock Telegram: https://t.me/+SpmLg6P_QcgxNDcx Supply Shock Newsletter: blockworks.co/newsletter/supplyshock —Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone. onthe show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.#Bitcoin #Crypto #SupplyShock
