In our interview with @JoakimBook, he broke down how #Bitcoin & crypto are reshaping global finance From prediction markets to government reserves and the rise of stablecoins, we broke down some of the biggest stories you may have missed ↓

Prediction markets just went mainstream. ➤ NYSE took a $2B stake in Polymarket, reflecting a valuation of ~$8B ➤ This is the same platform that out-forecasted pollsters in the 2024 elections ➤ Financial markets are now bleeding into markets, politics, sport and culture. Crypto keeps finding its way into TradFi & the mainstream.

@joakimbook When Washington halts, hard money shines. ➤ Fiscal drama barely dents real budgets, but it boosts the narrative for apolitical money ➤ Gold and Bitcoin still trade as “outside the system” assets ➤ Every shutdown reminds the world why Bitcoin exists.

The US just doubled its Bitcoin stash — now over 300k BTC. ➤ US authorities seized almost 130,000 BTC from an alleged Cambodian criminal organization ➤ Seized from global scams, now technically part of a “strategic reserve” ➤ Echoes of a modern sinking-fund: hold appreciating BTC, roll debt What if the Fed becomes the next HODLer of last resort?

Meanwhile, Bitcoin hit ATHs with zero hype. ➤ No retail mania, no “when Lambo,” just quiet institutional flows ➤ We're in the midst of the great debasement trade and resurgence of apolitical money ➤ Market structure is also shifting—ETFs, funds, and corporates dominate And yet, it feels like the bull market everyone’s sleeping through.

@joakimbook Stablecoins are quietly turning crypto into a new layer of U.S. dollar dominance. ➤ Tether earns billions with ~17 employees ➤ Every USDT minted strengthens demand for Treasuries ➤ Circle and US banks all want in The global dollar system is quickly migrating onchain

@joakimbook The halving narrative may be dead. ➤ Issuance is too small to matter ➤ Institutional behavior, not miner supply, drives price ➤ 4-year cycles may be a relic of the past Bitcoin's patterns will continue to evolve as it is financialized

@joakimbook #Bitcoin & crypto have matured: ➤ Prediction markets are merging with Wall St. ➤ Governments are hoarding BTC while media lags ➤ Stablecoins are reshaping the dollar system ➤ The 4-year cycle is fading at the hands of financialization