ROLLUP: JD Vance Bitcoin 2025 | $425M ETH MicroStrategy | Tariffs Blocked | Stablecoin Summer
Episode publishedPodcast: BanklessBankless
Transcript preview
Preview only
David, you remember last year around this time, we were talking about the Bitcoin conference. We played this clip from Donald Trump. Okay? And this was like an election promise at the Bitcoin conference. He was like, if you elect me, I am going to fire Gary Gensler. Do you remember that clip?
Yeah. It was this was, like, when the timeline seemed to diverge from the very bare hole that we were in versus a very bullish positive outcome with a potential election of Donald Trump.
Yeah. Absolutely followed by the most raucous applause I've ever heard at any conference whatsoever. Okay. Flash forward to this year. This is JD Vance at that same conference. The
thing that we did for this community, we reject regulators, and we fired Gary Gensler, and we're gonna fire everybody like him. We
Bitcoin conference. Trump didn't show, but JD Vance did. And this is sort of a promises made, promises kept type of clip. And, again, same amount of applause as last year.
It's crazy that we're already one year around the sun from that conference. That create like, I think they're talking about this as an even bigger conference, a Bitcoin conference, which makes sense because Bitcoin is, like, three times higher price than it was last year. But the I don't think there will be anything ever as monumental as the Bitcoin conference from that year when when Donald Trump said all those things. And and like I said, we there were two timelines, and we chose the bullish one. Yeah. Yeah. Downstream of that.
Yeah. But there are some repercussions for that. We're gonna talk about that. We're definitely some repercussions. The Trump dinner and other things going on. But, first, guys, this is time for the Bankless Weekly Roll Up. Got a lot to talk about. Number one, David, the micro strategy of Ethereum, is it finally here? I kinda think so. What is it? How much they buying? What's gonna happen next? And what other acquisition vehicles are hitting the public markets these days?
And what could possibly go wrong by too many crypto acquisition vehicles in the public stock markets? Also, courts have made a halt on all Trump tariffs effective immediately. So we're we're gonna get Ryan's macro analysis coming down the pipe here. And then also the Circle IPO, is that story finally coming to a close? Will they IPO? Will they get acquired by Ripple or what? We're gonna get into all of those topics and more, but first a message from our friends and sponsors over at REIT. REIT is a real world re staking platform that leverages reinsurance contracts to generate yield on staked c
one e. Right? It's not re. It's not it's not It's not re? No.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.