The Future Of Money Will Decide Western Civilization

America is carrying $40 trillion in debt, and the dollar has lost about 30% of its purchasing power since 2020. Rep. Warren Davidson, founder of the Sound Money Caucus, explains why rising default risk and inflation are pushing rates higher, and why he believes people without real assets will lose purchasing power. He also warns that the future of Western civilization is centrally tied to the future of money.

Chapters:0:00 – Why the Future of Western Civilization Is Tied to the Future of Money0:40 – Clarity Act Cloture Vote Fallout and Section 305’s Threat to Self-Custody3:48 – Will the Clarity Act Return After the Midterms?6:22 – Open-Source Developer Protections and…

Read more on BitcoinMagazine

Ark Invest’s Lorenzo Valente: Bitcoin’s 5-Year Forecast

Bitcoin has been flat to down this year, but ARK Invest isn’t changing its view. Lorenzo Valente, Director of Research for Digital Assets at ARK Invest, explains why the firm looks at Bitcoin on a five-year horizon and still believes it’s very early in the Bitcoin journey. He discusses ARK’s Big Ideas report, Bitcoin’s role as digital gold and permissionless money, and what still keeps institutional money on the sidelines.

Chapters:0:00 – ARK Invest’s Lorenzo Valente on How Wall Street Sees Bitcoin Now1:36 – ARK’s Big Ideas Bitcoin Price Target for 20302:51 – How Stablecoins Changed ARK’s Emerging Market Bitcoin Thesis4:53 – The Rise of Tokenized Stocks and…

Read more on BitcoinMagazine

Willem Middelkoop: Bitcoin Is The Fastest Horse

Central banks are buying gold at a record pace, so why won’t they touch Bitcoin? Willem Middelkoop, founder of the Commodity Discovery Fund and author of The Big Reset, explains that central banks want assets they can control. Bitcoin’s price, supply, and market are beyond their reach. He also shares why institutional investors, including his own fund, have embraced Bitcoin through ETFs.

Chapters:0:00 – Willem Middelkoop on Oil Prices, Iran and the Gulf1:19 – The Debasement Trade: Bitcoin, Gold and the Commodity Bull Market2:20 – The Big Reset: Is the Dollar System in Its Last Inning?3:58 – BRICS, De-Dollarization and Falling Demand for U.S. Treasuries5:15 – Central…

Read more on BitcoinMagazine

Bitcoin Life Insurer Meanwhile Raises $37.5M

Meanwhile, the first life insurer licensed to operate entirely in Bitcoin, has raised $37.5 million in new funding from its existing investors, the company announced.

Bain Capital Crypto led the round, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Morgan Creek Digital. The raise brings Meanwhile’s total funding to more than $180 million. Sam Altman is also among its backers.

The company said the round follows a surge in demand for its Bitcoin life insurance policies outside the US, particularly in Asia, Europe and the Middle East, amid broader macroeconomic instability.

“Wealthy families around…

Read more on BitcoinMagazine

Treasury Secretary Threatens To Freeze $1B Of Iran’s Crypto

U.S. Treasury Secretary Scott Bessent has said the American authorities will soon seize $1 billion in crypto from Iran. 

Speaking on Newsmax’s NPolicy Summit in Washington, D.C. on Thursday, Bessent added that economic sanctions on the Middle Eastern country were working. 

Iran has been using bitcoin — and other cryptocurrencies — to skirt around U.S. sanctions. The U.S. in April started targeting crypto wallets linked to the Iranian regime, Bessent said at the time. 

“What we have done has never been seen before,” Bessent said Thursday on Iranian sanctions. 

“We’re probably going to seize $1 billion of crypto this week,” he continued. “We know…

Read more on BitcoinMagazine

Here’s How Not To Screw Up Your Bitcoin Privacy

Just one transaction can compromise years of discreet Bitcoin activity, Cake Wallet’s chief operating officer has warned. 

Speaking on the Bitcoin Rails podcast this week, activist Seth for Privacy talked about different ways of protecting one’s privacy when using Bitcoin and said that focusing on privacy was a must for the West. 

Bitcoin privacy is a hot topic again ever since the developers of private coin mixer Samourai Wallet went on trial last year and were subsequently imprisoned. 

But just this week, the U.S. Department of Treasury scrapped two long-stalled crypto surveillance proposals, handing a major win to privacy advocates and the digital asset… Read more on BitcoinMagazine

Bitcoin ETFs Shed $729M In Two Days

U.S. investors this week reversed course, cashing out $729 million from spot bitcoin exchange-traded funds — putting downward pressure on the leading cryptocurrency’s price. 

Funds managed by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares all experienced significant outflows on Wednesday and Thursday, according to data from Farside Investors. 

Investors had started the week by selling close to $90 million in shares but then bought nearly $119 million on Tuesday. 

The rest of the week has seen outflows following news that the Federal Reserve may raise interest rates. Other negative news includes the price of Brent crude jumping following renewed attacks on…

Read more on BitcoinMagazine

Ledger Warns Buyers Not To Set Up Wallets From Reseller

Hardware wallet manufacturer Ledger has said that it is investigating loss of user funds after customers in South East Asia reported issues with devices bought from a reseller. 

The Paris-based company on Friday advised customers who’d bought from vendor CryptoBilis within the last 90 days to not set up their devices. 

Ledger did not reveal how much money users had lost but one blockchain investigator, Specter, wrote on X that he’d traced theft addresses following social media posts and that over $86 million had been lost. 

BREAKING: Ledger reports loss of funds from users in South East Asia who purchased products from the reseller “CryptoBillis”.

The situation is…

Read more on BitcoinMagazine

The $300T Bond Market Is Bitcoin’s Next Frontier

Bitcoin is not a trade, says Loren Asmus of UTXO Management. It is a structural allocation that deserves a place in a portfolio because of its risk-adjusted returns. He shares what he heard at the Bitcoin Treasuries conference, why institutions that get involved tend to stay in, and why education is the real barrier.

Chapters:0:00 Bitcoin Treasuries Conference: The Mood and Takeaways1:54 How Institutions Have Reframed Bitcoin Since the ETFs2:55 From “Getting Laughed At” to a 2.5% Allocation Study5:15 Volatility, Drawdowns, and Where Bitcoin Fits in a Portfolio7:09 UTXO’s Hedge Fund and Preferred Income Strategy8:33 Why the Bond Market Is the Bridge: Bitcoin as a Credit…

Read more on BitcoinMagazine

Bitcoin Core Developer Responds To AI & Quantum Risk

Has AI really changed Bitcoin’s address security, or is it just fear-mongering? Bitcoin Core contributor Antoine Poinsot of Chaincode Labs joins Grace Remington and Sean Hagan to respond to Justin Drake’s viral post. He explains why security researchers need evidence before making claims, and what’s actually at stake with quantum computing risk. He also shares why preparing early matters more than reacting out of fear.

Chapters:0:00 – Antoine Poinsot Responds to Justin Drake’s Bitcoin Address Security Claims1:05 – What the Failed Summer Soft Fork Taught Bitcoin2:35 – BIP 54 Consensus Cleanup: Fixing Long-Standing Bitcoin Bugs3:44 – Why Bundle Four Fixes Into One…

Read more on BitcoinMagazine