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.
What Bitcoin Did
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.
MicroStrategy's Bitcoin-Backed Corporate Capital Engine
The November 28, 2025 episode of What Bitcoin Did features Phong Le explaining how MicroStrategy has transformed into a leveraged Bitcoin treasury and credit platform.
Reframing the 2025 Bitcoin Bull Market Reset
The November 24, 2025 episode of What Bitcoin Did features James Check and Alec Dejanovic examining whether the sharp drawdown from above 120K to around 80K means the Bitcoin bull market has ended.
Bitcoin Under Repression: Aid Rails, Activism, and Energy Options in Venezuela
The October 22, 2025 episode of What Bitcoin Did features Leopoldo López detailing how opposition networks used Bitcoin to bypass state-controlled finance. He explains a pivot from stablecoins to Bitcoin for large-scale humanitarian payouts and activist support, alongside resilient communications.