Good episode, (even though the host were tired) In Argentina, I don't think the pressure to take money from the IMF or the US is for the election. Milei ran and won on a platform of "we can keep kicking the can and borrowing from the future. We have to make some sacrifices." Maybe he's borrowing money to start mining Bitcoin, even with our recent run-up mining isn't very profitable, but it is valuable to nation states to be able to ensure Blockchain access as well as accumulate Bitcoin. I think hash rate progress recently can only be explained by nation states doing it
Episode 227 - Executive Order 6102
By McIntosh
Ep. 227 · Aired Sep 26, 2025 · 1h 5m · Last boosted Sep 27, 2025
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Show Notes
In episode 227, McIntosh and Kenshin examine Executive Order 6102 from 1933, when FDR forced Americans to surrender their gold at $20.67 per ounce before the government revalued it to $35, creating a massive wealth transfer. They debate whether a similar Bitcoin confiscation could occur, discussing how centralized exchanges would be vulnerable while self-custodied Bitcoin presents unique enforcement challenges since it exists as cryptographic keys rather than physical asset and compare the regulatory environments between the US and Europe. Stick around to the very end for Send It Mike's track, “Freedom Code Revolution”. Resources https://reason.com/2025/09/12/donald-trump-is-not-the-bitco… ...
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