This rally may not last much longer…
Crypto may be momentum, not value. And the market’s changing fast.
On @bitsandbips: Ethereum’s roadblock, Trump’s tariff calculus, the stablecoin bill meltdown, and … Buffett vs. Portnoy?
Spoiler: it’s not looking good for value investors.
Timestamps:
0:00 Intro
1:01 Katalin’s background
3:40 The real motive behind tariffs, according to Katalin
11:43 What the market is forgetting to price in
18:57 How Europe views Trump’s trade moves
21:33 Trump thinking that U.S. companies are cutting bad deals with China
26:04 Why Bessent’s op-ed made waves, and why Alex calls him the smartest in Trump’s crew
29:13 The collapse in U.S. manufacturing employment, despite a surge in production
33:12 Buffett’s exit and his old-school take on tariffs in a new-school market
39:46 Will Ethereum’s pivot actually improve the price?
51:28 The impact of the political mess around the stablecoin bill
53:53 Ripple’s attempted Circle acquisition and why Ram wouldn’t touch XRP
1:00:43 Importance of Apple quietly opening the door to NFTs and crypto sales
1:03:34 What’s up with the Taiwanese dollar
1:06:05 Why adding tariffs to chips could backfire big time
Thank you to @BitwiseInvest for sponsoring this episode!