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Macro trends

Macro forces shaping Bitcoin adoption, including policy shifts, liquidity cycles, and geopolitics.

Gold Repricing, Bond Fragility, and Scarce Asset Rotation

Gold Repricing, Bond Fragility, and Scarce Asset Rotation

The January 28, 2026 episode of the Scarce Assets podcast features Jeroen Blokland explaining why gold’s move toward $5,000 reflects a structural repricing driven by debt rollover dynamics, central bank intervention, and geopolitical stress.

Japan’s Yield Shock and Stress on Dollar-Centered Markets

Japan’s Yield Shock and Stress on Dollar-Centered Markets

The January 24, 2026 episode of the TFTC podcast features Robert from Infranomics explaining why Japan’s sudden long-end yield spike matters more for US markets than for Japan itself.

The Fed’s Quiet Pivot and the Next Liquidity Shock

The Fed’s Quiet Pivot and the Next Liquidity Shock

The January 22, 2026 episode of What Bitcoin Did features Larry Lepard arguing that the Federal Reserve has already pivoted away from tightening through so-called reserve management purchases.

China’s Debt Trajectory and Strategic Supply-Chain chokepoints

China’s Debt Trajectory and Strategic Supply-Chain chokepoints

The January 21, 2026 episode of The Bitcoin Layer features Brian McCarthy arguing that China’s manufacturing dominance depends on sustained credit expansion that increasingly fails to generate serviceable cash flows.

Japan’s Bond Trap and the Fight for Neutral Reserves

Japan’s Bond Trap and the Fight for Neutral Reserves

The January 20, 2026 episode of the Coin Stories podcast features Luke Gromen arguing that the dollar-based system is entering a higher-volatility phase where geopolitics, energy constraints, and sovereign debt interact in unstable ways.

AI-Led Reflation and Bitcoin in a Post-Labor Growth Regime

AI-Led Reflation and Bitcoin in a Post-Labor Growth Regime

The January 04, 2026 episode of the Jordi Visser Podcast features Jordi arguing that the global economy is entering an early-cycle reflation regime driven by AI-enabled productivity rather than labor growth.

Bitcoin’s Anti-Capture Logic: Protocol Use vs Financialization

Bitcoin’s Anti-Capture Logic: Protocol Use vs Financialization

The December 22, 2025 episode of The Bitcoin Matrix features Jeff Booth arguing that Bitcoin’s long-run strength comes from people using it as an open protocol rather than holding it as an intermediated asset.