Podcast: How the Memecoin Casino is Impacting Bitcoin
https://www.thisweekinbitcoin.show/episodepage/bitcoins-two-roadblocks_638755941882944588
originally posted at https://stacker.news/items/891071
Chris Fisher
chrislas@jupiterbroadcasting.com
npub1awyz...79n4
Editor-in-chief at Jupiter Broadcasting
Have you ever wondered why Bitcoin tends to sell off on news of higher inflation - when it's supposed to be the greatest inflation hedge ever? I get into that and a lot more this week, enjoy!
https://www.thisweekinbitcoin.show/episodepage/why-bitcoin-sells-when-inflation-goes-up_638749855507515104
Player of choice: https://episodes.fm/1733733790/episode/ZTUzZTVlODItMWU5MS00YjMxLWJlMmQtZDE2Y2EwZjE2YzU5
I've been a little quiet over here, heads down on today's episode of This Week in #Bitcoin.
All the Bitcoiners following the Fed, or looking historical cycle charts are in for a big shock. There's a new boss in town! Catch today's episode here: https://www.thisweekinbitcoin.show/episodepage/45
Or in your favorite podcast app: https://episodes.fm/1733733790/episode/MTc2NWNjZTMtZjEwYS00ZDEyLTlmYTctYTYwZDMzYWMzZTk0
We're recording episode 600 of LINUX Unplugged today! We'll be live in just under 3 hours from this post.
Join us over in our #nostr chat at:


Jupiter Broadcasting
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Independent coverage of Linux, BSD, Open Source, System Administration, Information Security, News, Software Development and Discussion.

π It's out a bit late so I could slip in the latest news, but a fresh This Week in Bitcoin is out, and I'd love it if you checked it out.
I recap why the Bitcoin community declared war on Ripple/XPR this week, why I think Trump is walking into an economic trap and much more!
On Fountain:
On the web: https://www.thisweekinbitcoin.show/episodepage/44

Fountain
This Week in Bitcoin β’ Strategic Ripple War β’ Listen on Fountain
Why many Bitcoiners went to war with Ripple/XRP this week, the Fed policy's impact on Bitcoin post-Q1, and why I think Trump is walking into an eco...
Nearly $1.5tn in stock market value wiped out today on the news of DeepSeek being cheap. And people say Bitcoin is risky. π€£


The hits keep coming when the market is already down!
π° JUST IN - Chinese DeepSeek AI launches multimodal "Janus-Pro-7B" model with image input and output.
"This new model beats OpenAI's DALL-E 3 and Stable Diffusion across GenEval and DPG-Bench benchmarks."
It's already posted, too:
And it's also under the MIT License.
The market might be taking a beating on this news, but in the long term, this surely only increases competition, right? I'm already hearing talk of "AI's Sputnik Moment."
Chances are, in my humble opinion, that in the long term, this only serves to pump the AI bubble harder and faster.
What do you think?
It's already posted, too: deepseek-ai/Janus-Pro-7B Β· Hugging Face
Weβre on a journey to advance and democratize artificial intelligence through open source and open science.
Hey look a surprise Bitcoin sale!
It's a blood bath out there today.
As I post this:
- NVIDIA shares dropping like a stone. Last down over 16%.
(NVIDIA has erased more than -$600 BILLION of market cap today.)
- Microsoft almost down 4%
- Google almost 3%
- Taiwan Semi Conductor down 14%
- Oracle down almost 13%
Not everyone is down tho...
- META up 1.46% and Apple up 2.25%
The only two in the bunch. Both of whom have focused on open source / local AI.
It's all in reaction to DeepSeek exposing how much waste has been going into US AI projects.
DeepSeek is ~96% CHEAPER than ChatGPT.
- Cost of OpenAI o1: $60.00 per 1M output tokens
- Cost of DeepSeek R1: $2.19 per 1M output tokens
And, again DeepSeek R1 is MIT Licensed.
Total panic at the tech companies and the wider market today. And they should be. I have been trying out DeepSeek R1, locally on my LAPTOP - and it works great. And fast. This is a win for open-source.


Ross Ulbricht's journey from Silk Road to a presidential pardon is one of the most legendary stories in Bitcoin's history. I'll dive into his arrest, the government's tactics, Ross thoughts from behind bars, and more.
This episode is a celebration of Ross release, don't miss it! https://www.thisweekinbitcoin.show/episodepage/43
I am so thrilled about Ross's pardon. The promise was kept. If you don't have the background, or maybe you have a friend or SO who does not understand why everyone is so thrilled, this Reason video does a decent job as an introduction.
The story is even wilder than they have time to explore, but I think it's a good starting point.
A hot new TWiB is out, lucky 42! π
This might be my most bullish episode yet. Three big trends are coming together for Bitcoin, and I can't help but get excited.
Check it out here: https://www.thisweekinbitcoin.show/episodepage/42


Last day on our anniversary trip, and I wanted to share how unique this spot was. Pretty cool to have a Mountain Range on one side, and the ocean on the other.
I just wrapped up recording this week's Self-Hosted, which will be out Friday. That means I'm done for the week early!
My wife and I are taking our small car on a few-day road trip around the Olympic Peninsula to celebrate our upcoming anniversary.
I have lived in Washington my whole life and have never really explored this beautiful area of the state.
But it's been a while since I road-tripped in anything but the RV. It feels unsettling to leave all my stuff behind, and I don't know how you people do it! I gotta sleep in some strange bed? Weird! π
I can't bring my shitter with me? Crazy! But most of all, I won't have all my tech...
I'm just bringing my Pixel, and I don't plan to use it for anything besides maps.
I hope we have a lot of fun and get to recharge our batteries. If you're in the area and see a little black car zoom by, give us a π


π This Week in Bitcoin is back after my holiday break and with a whopper. I packed the episode.
Fiscal dominance is taking stage, and I think Bitcoin will benefit, but I'm not nearly as bullish on 2025 as most, and I think I have the receipts to back it up:
Plus, I had a chance to review the Blockstream Jade and Block's BitKey wallets and discuss how they compare to each other and the ColdCard.
Don't miss the excellent links in the show notes either; cream of the crop: https://www.thisweekinbitcoin.show/episodepage/41
In your player of choice: https://episodes.fm/1733733790/episode/OTQzNzE0YjAtMzE3Ni00OWI0LTg1OWQtN2E0Yjg5NjgwODc3
Santa got Levi the Pod Dog some things to keep him warm on winter walks. π
Merry Christmas!


Why did the market tank when the Fed cut rates? And are normies finally realizing inflation is staying higher for longer?
I break it allll down, and why I'd rather not see an Executive Order to create a #Bitcoin Reserve in the US, but there is at least one upshot.
π Enjoy, it's the last planned episode of the year! π
https://www.thisweekinbitcoin.show/episodepage/the-15-trillion-tantrum
π My biggest episode yet! $100k seems to really have freaked some people out, I can't overstate how stupid some people are getting.
I bust the biggest FUD since #Bitcoin hit $100k, and much more in this super sized edition of This Week in Bitcoin:
https://www.thisweekinbitcoin.show/episodepage/100k-worth-of-fud

What's wild to me is how most of the free software and #Linux community is just totally sleeping on Bitcoin. Still.
Let's not lose sight of the fact that #Bitcoin is open source code.
Just because most of the open source community don't recognize or celebrate what an achievement $100k is, that doesn't take away from how historic it actually is.
Bitcoin is not some Apple product or something Elon is selling, it's owned by the people because "everyone" else slept on this technology for 14+ years.


$100k! Not gonna lie, it does feel like a bigger deal than $20k did.
What's even more impressive is just the insane amount of trading volume happening right now. When do these people sleep? π