issue 241 - week of 5-23-25
curating the good stuff for the casual bitcoin enthusiast each week
summary podcast
Listen below for an succinct overview in podcast format of all items contained in this issue of the newsletter.
news
I used Google NotebookLM and ChatGPT to summarize the information in this week’s news links:
The central theme emerging from the analysis is a growing global recognition of Bitcoin as a hedge against fiat currency debasement and economic instability. Amid expanding monetary supply and declining trust in traditional currencies, Bitcoin's fixed supply and decentralized nature position it as a compelling alternative store of value. This macroeconomic backdrop, as emphasized by voices like Lawrence Lepard, is pushing individuals, corporations, and governments toward what is perceived as “sound money.” The scenario mirrors Gresham’s law, where depreciating fiat currencies are being spent while scarcer assets like Bitcoin and gold are hoarded for long-term preservation of wealth.
Institutional and sovereign adoption of Bitcoin is accelerating, reinforcing its legitimacy and signaling a structural transformation of financial systems. Forecasts project over 4 million BTC will be acquired by institutional investors by 2026, with public companies, ETFs, sovereign wealth funds, and even nation-states participating in the shift. MicroStrategy’s pioneering strategy of converting excess cash into Bitcoin has inspired a replicable model, and U.S. states like Texas and North Carolina are advancing legislation to build strategic Bitcoin reserves. These developments highlight a broadening view of Bitcoin as a geopolitical and financial hedge, with implications for treasury management and state-level fiscal policy.
Simultaneously, Bitcoin is becoming increasingly embedded in the traditional financial ecosystem, giving rise to the notion that it is now “too big to fail.” This growing entanglement, from corporate balance sheets to ETFs and lending platforms, means a Bitcoin collapse could pose systemic risks, ironically making regulators and governments more likely to support its continuity. Bitcoin-native financial services—such as borrowing, lending, custody solutions, and proof-of-reserves mechanisms—are rapidly evolving to support this growth. Despite institutional involvement, Bitcoin’s foundational ethos of decentralization, transparency, and personal sovereignty remains strong within its community, reinforcing its unique position as both a financial asset and a philosophical movement.
Bitcoin surges to all-time peak as crypto sentiment improves.
https://www.reuters.com/markets/currencies/bitcoin-rises-new-record-high-eclipses-january-top-2025-05-21/
Bitcoin Price Surges Into Uncharted Territory. The Next Catalysts for the Crypto.
https://www.barrons.com/articles/bitcoin-price-surges-xrp-record-high-2dca06c2
Bitcoin hits new record high near $112,000 as rally marches on.
https://www.cnbc.com/2025/05/22/bitcoin-price-hits-new-record-high-above-111000.html
BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH.
https://cryptoslate.com/insights/blackrocks-ibit-leads-all-us-etf-inflows-following-bitcoins-historic-rally-to-new-ath/
Forecasting Institutional Flows to Bitcoin in 2025/2026.
https://prowly-prod.s3.eu-west-1.amazonaws.com/uploads/mailing_attachments/80962/167b46599bd0254b1ae2dfe4ad2af0a9.pdf
Sorry bears — Bitcoin analysis dismisses $107K BTC price double top.
https://cointelegraph.com/news/bitcoin-bears-analysis-dismisses-btc-price-double-top
Strategy Acquires 7,390 BTC and Now Holds 576,230 BTC.
https://www.strategy.com/press/strategy-acquires-7390-btc-and-now-holds-576230-btc_05-19-2025
Strategic bitcoin reserve bill passes in Texas.
https://www.axios.com/2025/05/22/strategic-bitcoin-reserve-bill-passes-in-texas-crypto
Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres.
https://www.reuters.com/sustainability/boards-policy-regulation/pakistan-allocates-2000-megawatts-electricity-bitcoin-mining-ai-data-centres-2025-05-25/
15 years ago, a software developer paid for two pizzas with 10,000 bitcoin. Those pies would be worth $1.1 billion today.
https://fortune.com/article/pizza-bitcoin-day-story-laszlo-hanyecz-papa-johns-pizzas-value/
What You Didn’t Know About Laszlo Hanyecz, the Bitcoin Pizza Day Legend.
https://www.coindesk.com/tech/2025/05/22/what-you-didnt-know-about-laszlo-hanyecz-the-bitcoin-pizza-day-legend
media
Podcast. Robin Seyr: ALL-In on Bitcoin - How Much Will Bitcoin Be Worth in 30 Years? (Full Breakdown)
Podcast. The Investor’s Podcast: Jack Mallers on XXI (21) and Strike Borrowing and Lending (BTC235).
Podcast. The Pomp Podcast: Bitcoin’s All-Time High Is Just the Beginning.
Bitcoin Magazine. The Nakamoto Strategy feat. David Bailey | Bitcoin for Corporations Ep. 2.
Podcast. Altcoin Daily: Market Is “Ticking Time Bomb,” Bitcoin On Brink of Eruption | Lawrence Lepard.
Podcast. Bitcoin Treasuries: Bitcoin Custody Panel with Onramp.
tweets
(Substack blocking direct Twitter links at the moment)
https://x.com/woonomic/status/1924035000703283310
https://x.com/woonomic/status/1924035000703283310
https://x.com/GertvanLagen/status/1924597210076881066
https://x.com/Vivek4real_/status/1924615914521084154
https://x.com/woonomic/status/1924627942174556486
https://x.com/DocumentingBTC/status/1924639948419764639
https://x.com/dotkrueger/status/1924839476796522632
https://x.com/saylor/status/1924882283443388871
https://x.com/MacroScope17/status/1925202965830225959
https://x.com/PeterLBrandt/status/1925207233492869218
https://x.com/mikealfred/status/1925207053687275858
https://x.com/therationalroot/status/1925234964167045614
https://x.com/roxom/status/1925276029809008828
https://x.com/nayibbukele/status/1925347440774791552
https://x.com/peruvian_bull/status/1925361743787958478
https://x.com/Tephra_Digital/status/1925307592240455984
https://x.com/JoeConsorti/status/1925382145532367226
https://x.com/stackhodler/status/1925097365809103218
https://x.com/woonomic/status/1925412054380548501
https://x.com/PrestonPysh/status/1925530731125612591
https://x.com/Eric_BIGfund/status/1925585916380205267
https://x.com/coinbase/status/1925397149388325071
https://x.com/Croesus_BTC/status/1925634478854099218
https://x.com/pete_rizzo_/status/1925909471429108026
https://x.com/kyle_chasse/status/1926275293301370931
https://x.com/TFTC21/status/1926278261568401870
https://x.com/TFTC21/status/1926263161314795916
If you think we’ve missed something important, please send it to us and we’ll be sure to add it to next week’s newsletter… And please share!
