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.
What Bitcoin Did
Bitcoin’s 2025 Paradox: Adoption Advances, Risks Reprice
The January 20, 2026 episode of the What Bitcoin Did podcast features Cory Klippsten arguing that 2025 was structurally positive for Bitcoin despite weak price performance.
Bitcoin Treasury Strategies and the Limits of Credit Adoption
The January 12, 2026 episode of the What Bitcoin Did podcast features Michael Saylor discussing the evolution of Bitcoin treasury strategies and the growing focus on credit markets rather than short-term price action.
Custody, Capital, and Control Risks Around Bitcoin
The January 05, 2026 episode of What Bitcoin Did features Simon Dixon arguing that fiat money creation and regulatory design concentrate power in banks and allied institutions.
Bitcoin Treasuries, Digital Credit, and the Coming Shakeout
The December 10, 2025 episode of What Bitcoin Did features Jeff Walton explaining how Bitcoin treasury companies are evolving from simple “sell equity, buy Bitcoin” strategies into complex, yield-bearing balance sheets.
Bitcoin Mining, Stranded Energy, and Rural Electrification in Kenya
The December 08, 2025 episode of What Bitcoin Did features an examination of how Bitcoin mining can finance off-grid energy in northern Kenya.
Dollar Dominance, Trade Deficits, and Neutral Reserves
The May 16, 2025 episode of What Bitcoin Did features Lyn Alden analyzing how dollar reserve status sustains structural trade deficits and periodic funding stress.