Bits + Bips: Bitcoin Brushes Off Another War & Will Powell Relent on Rates? - Ep. 857
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What can Unchained do for you? We wanna know. Fill out our survey so we can serve you better and you might win a free one year subscription to Bits and Bips Premium. Visit unchainedcrypto.com/survey. That is unchainedcrypto.com/survey or check out the show notes for this episode. Hey, everyone. Just a quick note about today's show. It was recorded live at 04:30PM eastern on Monday, approximately ninety minutes before president Trump announced a cease fire between Israel and Iran. That's why it is not addressed in this recording. As of Tuesday evening, the cessation of hostilities appears to be
President is tweeting at the Fed president, the chairman of the Federal Reserve. You know, I think it's the asinine. I don't think you should be tweeting at him. You're you're shoving him, and he's trying to help you and trying to help the flow of capital in The United States by having some level of political independence, and Trump's shouting them is not helping the situation. It's probably if anything, I think the rates could go down, and I think he I think Trump has actually slowed that process with his nonsensical asinine behavior.
Yeah. I mean, just calling him a moron saying he doesn't understand things. I mean, it might be like if that was me, it might push me the other direction.
Oh, not you. How about if it's Jerome Powell? Jerome Powell's giving him the bird right now. Yeah. You know that, and I know that.
Hi, everyone. Welcome to Bits and Bips, exploring how crypto and macro collide one basis point at a time. Today, we're gonna talk about US and Iran and Israel. Just first, I wanna say, obviously, our hearts go out to anyone directly impacting these situations. And when we're talking about this today, we're gonna focus mostly on, you know, the financial and geopolitical impacts and not to dissuade or anything like that. That's just what we can do here. And, obviously, none of us are particular geopolitical experts, but we can try to talk about how we think it is impacting markets. We're gonna g
everyone.
Today, we're also joined by Anthony Scaramucci, the Baron of Skybridge House. He doesn't really need any introduction himself, but, for those that don't know who he is, we'll we'll let him intro himself in a minute. We're here to discuss the latest stories in the world of crypto and macro. Just remember that nothing we say here is investment advice. Please check unchainedcrypto.com/bitsandbips for more disclosures. Before we begin, let's take a minute to hear from our sponsors that make the show possible.
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Alright. So let's get into this. If you've been living under a rock, you can't talk about what's going on in markets without talking about what's going on with US, Iran, and Israel. Iran and Israel obviously have been attacking each other, for a few a couple weeks now. The US just bombed nuclear sites in Iran. Earlier today, Iran file fired a barrage of missile attacks at US bases in The Middle East. Obviously, the number one impact here is oil, which we can talk about out here everyone's point of view. But I Alex, let's turn to you of to get your your views and thoughts on how you're looking
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