Weekly Roundup 11/14/25 (Miran speech, Cash App adds Stables, DAT Hangover)(EP.685)
Date: Podcast: On The Brink with Castle Island
Key Insights
Bullish:
- $BTC - CBDCs would drive demand for bearer cryptocurrencies like Bitcoin as people seek privacy-preserving alternatives to government digital currencies
Bearish:
- $UNISWAP - The dual token/equity structure creates an unsustainable conflict between token holders and shareholders, making value accrual to the UNI token problematic
- $DAT - Digital Asset Trusts face a multi-year hangover period similar to previous market bubbles like ICOs
- $BANKS - Traditional banks face structural headwinds from stablecoins and alternative lenders competing away their business
- $GBP - UK's restrictive £20,000 stablecoin ownership limit will handicap the pound's ability to compete as a digital currency