🇺🇸 The FED is Dead | This Week in Bitcoin, Macro, and GeoPolitics | BitcoinHardTalk Episode 94

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Hey-Hey, Bitcoin Wealth Builders!

It’s Friday, and that means it’s time to decode this week's shifts in Bitcoin, macroeconomics, and geopolitics. I’m Simon Dixon, and welcome to Episode 94 of Bitcoin HardTalk! The overarching theme of this episode is: Is the Fed Dead? And the answer, as you'll see, is a nuanced 'sort of'. I’ll break down everything you need to know from the Bitcoin, macro, and geopolitical angles to understand this pivotal moment.

For those of you new to the show, I’ve spent over two decades obsessing over investing and monetary reform, with 14 years dedicated to Bitcoin, even speaking at the first Bitcoin conference and writing the first published book in the world to include Bitcoin. Since leaving the "Proof of Weapons Network" where I had a career with the banksters, my mission has been to help you prepare for a world of Bitcoin, AI, and central bank digital currencies. We’ve been on this journey since Bitcoin was $3, and now, we passed $123,000 all time high. Hopefully, those of you watching Bitcoin HardTalk are protecting yourselves.

Part 1: Can Strategy MSTR Trade At A Discount To Bitcoin? | This Week In Bitcoin

Let’s jump straight into This Week in Bitcoin, where we’ve seen some fascinating and, frankly, concerning developments.

First, the big news: Bitcoin surged over $116,500, reacting to Jerome Powell's dovish comments. After a minor correction down to about $112,000, we saw an intraday surge, now around $117,000 at the time of this recording. This surge, however, is a direct result of the "debt-based Ponzi scheme" repackaging and rolling over its debt. My message remains clear: if you are close to the money printer or own fixed-supply assets, you will do well. Everyone else gets wrecked and pushed closer to debt enslavement. Protect yourselves!

As I predicted last week, China has flip-flopped yet again! Despite a long-standing ban, a Chinese firm, CMB International, has become the first to launch 24/7 Bitcoin and crypto trading. This shows the ongoing push and pull between state control and the unstoppable force of Bitcoin.

Meanwhile, in Buenos Aires, Argentina, citizens will now be allowed to pay their taxes in Bitcoin and crypto. While this might sound exciting, please do not convert your Bitcoin into a "shitcoin" just to pay taxes! It’s a really bad use of Bitcoin, even if it is a step towards Bitcoin as legal tender. These governments don't care about your monetary freedom; they want you to spend your Bitcoin so they can convert it into their debased, hyperinflationary currencies. This takes me back to 2014 when the Isle of Man government faced threats from the Bank of England for even considering Bitcoin legal tender.

We also saw Gemini, founded by the Winklevoss twins, doubling down on its ambitions to go public on the Nasdaq. Many early Bitcoin companies are now going public, allowing the "banksters" and investment banks to securitise and financialise everything. They want to part you from your Bitcoin, so you own shares in their companies instead of owning Bitcoin itself. Remember, I've followed the Winklevoss twins' journey from their early, sophisticated paper wallets.

Then, Tether announced it has appointed Bo Hines, formerly of the White House Crypto Council, as a Strategic Advisor for digital assets and US strategy. This makes the US strategy around Tether clear: stablecoins are definitely in the mix. The US Bitcoin strategy is not about "Bitcoin Strategic Reserves" – in fact, we don’t even have a clear audit of America’s supposed Bitcoin holdings. Instead, it looks like a push for stablecoins, which I see as tools for surveillance and social credit scores, all backed by national debt to roll over the "debt-based Ponzi scheme". This is also a speculative attack on the Fed by Treasury, issuing stablecoins backed by debt – a historical echo of figures like JFK and Abraham Lincoln who challenged central banking and faced dire consequences. The Genius Act further allows banks to use Fed reserves for stablecoins, chipping away at the Federal Reserve system.

Speaking of central banks, the Central Bank of Syria issued a fresh warning against Bitcoin. They caution citizens against trading or investing in digital currencies, claiming they are "illegal and not subject to any oversight or protection". My analysis is clear: the Syrian central bank doesn't want its people liberated. This is tragic after 14 years of engineered civil war, where the region suffered from the "proof of weapons network's" infiltration and proxy wars, leading to attempts to colonize through currency. We saw how Binance, under US compliance, seized funds from individuals in Palestine, Turkey, Syria, and Lebanon – a stark reminder of the danger of not owning your Bitcoin in self-custody. When Syria is truly ready to liberate itself from its colonizers, Bitcoin will be there to offer true monetary freedom.

Now, let’s talk about Strategy, formerly MicroStrategy. I call this a potential "psyop" to part you from your Bitcoin, encouraging you to own it through shares rather than in self-custody. Michael Saylor quickly rose, accumulating over 650,000 Bitcoin, but remember, when a company goes public, you are essentially "owned by Wall Street" – BlackRock, State Street, and Vanguard – and subjected to their agenda. Strategy effectively launched a speculative attack on debt and equity capital markets to become a Bitcoin treasury company.

Strategy has traded at a massive premium (mNAV) above its Bitcoin value. A high mNAV allows them to issue stock at a low cost to acquire more BTC, a "flywheel". However, this mNAV has decreased from 3.4x to 1.58x, meaning investors are now paying a 58% premium for their Bitcoin exposure. Saylor sparked controversy by revising MSTR Equity ATM Guidance for greater "flexibility" in capital markets strategy, allowing more share issuance, which can dilute shareholder value and increase financial risk tied to Bitcoin's volatility. Strategy owes $8.2 billion in debt and holds $73 billion worth of Bitcoin, with a market cap of $95 billion. This highlights a fundamental difference: Bitcoin has a fixed supply, enforced by math and code, but a company can be diluted. The CFO selling $20 million in shares amid this controversy only added fuel to the fire. If the mNAV premium collapses below 1, leverage starts to work against you. Interestingly, BlackRock holds 5% of Strategy, and Vanguard owns 8%. I anticipate a "Bitcoin leverage complex" to emerge, with Wall Street securitizing and financializing, leading to a few engineered pump-and-dump cycles for them to consolidate more Bitcoin.

My consistent advice to you, my Bitcoin Wealth Builders, remains: hold your Bitcoin in self-custody; if you do, you don’t need to worry. I’ve created a completely free self-custody guide and an 8-module course with Andreas Antonopoulos, author of "Mastering Bitcoin," to help you secure your Bitcoin offline. This is how we "drain the swamp and protect ourselves from the proof of Weapons network with peaceful proof of work". Head over to SimonDixon.com for more details!

Part 2: The Fed Is Dead & the US Is Taking Europe With It | This Week In Macro

Now let’s dive into This Week in Macro, where we’re asking if the Fed is dead and how the US is taking Europe with it.

First, let's look at the impact of tariffs. Berkshire Hathaway’s Q2 results were brutal, showing a 4% drop in operating earnings and a nearly 60% plunge in net income. Executives, including Warren Buffett, blamed these tariffs directly, noting supply chain disruptions, delayed orders, and currency volatility leading to massive losses. Most people don't understand that these "tariffs" are import taxes paid by American companies like Berkshire, Apple, and Nike, not "free money" from foreign countries. They force companies into an impossible choice: raise prices and lose customers, or cut workers and reduce capacity. This leads to shrinking corporate earnings but a rise in distressed purchases of Small and Medium Enterprises (SMEs), driving consolidation.

I personally believe Trump is employing a "fiscal dominance" strategy. This pushes consolidation, strategically weakens the dollar, and drives capital outflows to BRICS, ultimately moving us towards a multipolar world order. The new US-EU trade deal only reinforces this "vassalization" strategy I’ve been highlighting. This deal involves the US imposing 15% tariffs on most EU imports, lowering auto tariffs if the EU reciprocates, and the EU eliminating tariffs on US industrial goods while granting preferential access for US seafood and agriculture. Critically, the EU pledges to buy $750 billion in US LNG, oil, and nuclear products, and $40 billion in US AI chips, with EU firms investing $600 billion in US strategic sectors by 2028. My analysis is clear: this is a disaster for Europe, enriching US companies and furthering BlackRock's vassalization project.

This fiscal dominance is making monetarism dead. The Fed's power to steer monetary policy is fading fast as the dollar weakens. The Fed has to find different tools like QE. We saw the Fed's Reverse Repo market drop to its lowest level in 1,596 days, meaning liquidity is leaving this "safe parking lot" and flowing elsewhere, likely into Treasuries as yields soar. This shrinking cushion could trigger a real squeeze. Today, Fed Chair Powell "caved," signaling a potential September rate cut, despite data not warranting it. This proves what I’ve been saying: the FOMC, banks, BlackRock, and Trump are all aligned. Powell is a puppet for the banks, as is Trump. The dollar is being weakened, falling below $98.

Trump is actively pushing a "fraud case" against Jerome Powell’s office, with the DOJ investigating Fed Governor Cook, potentially leading to 4 Fed seats for Trump to fill. I see this as a "humiliation ritual" to destabilize the dollar and demonstrate the Fed's lack of independence, even though both Trump and Powell ultimately work for the same "banks" and the "Proof of Weapons Network". The Treasury bought back $4 billion of its own debt by issuing shorter, more liquid maturities—a strategy to get debt rates down for fiscal dominance, not inflation or employment.

This path could lead to stablecoins ushering in Modern Monetary Theory (MMT). And who's being prepped for the 2028 presidency? JD Vance, Peter Thiel's pick, a figure from the technical industrial complex, being groomed for a "surveillance state" and Universal Basic Income (UBI). Remember, inflation is the cost of fiscal dominance; surveillance and social credit scores are also costs. As I always say, "every accusation is a confession" regarding the Chinese social credit score.

My advice for you, my wealth builders, is critical here: You have to own assets to survive. Wealth inequality only creates civil unrest. There is no alternative until "the last bond is bought". We could see Treasury stablecoin QE instead of Fed QE. This struggle between the Military Industrial Complex (MiC) wanting dollar dominance and the Financial Industrial Complex (FIC) desiring a Multipolar World Order (MWO) is what I’m watching closely.

On the global stage, BRICS is strengthening. Russia will keep selling oil to India regardless of US tariffs, pushing India closer to BRICS. The US actually increased its imports from Russia by 25% this year while still sanctioning India—a "massive hypocrisy". China and India are "buddying up," challenging US hegemony, resolving border disputes, resuming direct flights, and increasing rupee trade. I believe Trump’s role is to strengthen BRICS while steering the US further into technocracy; changing presidents only shifts style, not strategy.

The US-China AI arms race is accelerating, with tech giants filing numerous patents. I maintain that "nothing stops the AI train, nobody has a plan". We’re seeing government involvement in corporate deals, with the US demanding a cut from Nvidia and AMD sales to China. The drama around Intel, with Trump demanding the CEO step down, a 50% price crash since 2024, and then SoftBank’s questionable $2 billion investment (which they need to borrow), smacks of "stock market manipulation" and "insider trading".

And the biggest announcement to cap off this macro madness: BlackRock CEO Larry Fink has stepped in as interim WEF chairman. I view BlackRock as the de facto "Proof of Weapons Network CEO," orchestrating these "vassalization strategies." They provide technology and advice to the Fed and Treasury, hold board seats on 20,000 companies, and control influence flows through policies like ESG. BlackRock, operating above national allegiance, is resetting the world order.

Part 3: Will Trump Create Peace After Meeting Putin & EU Leaders?? | This Week In GeoPolitics

Let’s turn our attention to This Week in Geopolitics, where the headlines were dominated by the Trump-Putin summit in Alaska. My analysis is clear: "when you follow the money, the meeting changes little". While Trump rated his meeting with Putin a "10 out of 10," he admitted "one or two significant items" remained unresolved. Putin confirmed the war "would not have happened" under Trump, a narrative that Trump certainly loves.

Trump later spoke with Zelensky and EU leaders, including the NATO Secretary General, leading to a subsequent meeting in the US with Zelensky and key EU figures like Von der Leyen, Merz, Macron, Meloni, and Starmer. I see these European leaders as "puppets for the proof of weapons network". Prior to the meeting, Trump threatened economic implications, including penalizing Russian oil buyers like China, if peace talks failed, though he later softened his stance.

The economic implications of peace are significant: removing the EU's $47.60 cap on Russian oil prices could send oil below $50 and inflation towards 2%. Wheat prices fell to a 5-year low in anticipation of a peace deal, as Ukraine exports grains to nearly 400 million people worldwide. The Fed even stated the war added up to 2% to global inflation. Reversing sanctions on Russia would be stimulative and combat oil inflation. Ukrainian bonds also jumped sharply, indicating market speculation for peace.

However, my analysis remains unwavering: "It’s not about peace. It’s about money". I believe this is part of BlackRock's "vassalization strategy," allowing Russia to gain territory while Ukraine is forced into negotiations for its resources. Europe gets weaker, fulfilling BlackRock's goals. A floated deal suggested Ukraine would buy $100 billion of American weapons, financed by Europe, in exchange for US security guarantees. My conclusion? This is "great for US companies," a "disaster for EU," and "great for Blackrock vassalization project". The destruction of the Druzhba oil pipeline, suspending Russian oil transfer to Europe indefinitely, further underscores this agenda.

The numbers don’t lie: between 2020 and 2024, US weapons exports to the EU tripled, reaching $117.9 billion in 2024 alone—a 45.7% increase. This cycle enriches the US Military Industrial Complex (MIC) while depleting European stockpiles and independence, effectively turning the EU into "US PoW puppets". We’ve seen US interference in European elections (Romania, France, Germany) to ensure pro-US, anti-Russia, and anti-China policies, aligning Europe with Washington's agenda at the expense of its economy. EU officials fear becoming a "battleground," and I say the US drains Europe's resources, talent, and autonomy to fight its battles against Russia and China.

Now, a significant shift: Israel's traditional role as a conduit for US MIC funding is moving to Europe. I believe the global economic power dynamics have fundamentally changed, with the "Proof of Weapons Network" abandoning old nationalistic frameworks for a "pure FIC & TIC profit-driven agenda". The Middle East, despite appearing chaotic, is moving towards unification and decolonization by aligning with BlackRock and the financial industrial complex. This marks the end of the post-WWII era model for the Middle East, including Israel's utility as a pretext for funneling American tax dollars to US weapons companies. I believe Zionism is being turned into a toxic asset.

What we knew all along, the heartbreaking news of famine officially declared in Gaza by UN-backed monitors is now undeniable. A classified Israeli military database reveals 83% civilian deaths (53,000 Palestinians killed, with only 8,900 identified as militants). I've called this "Operation blame shift," as narratives previously suppressed are now emerging, suggesting infighting within the "Proof of Weapons Network" factions.

We’re also seeing significant regional realignments: Saudi Arabia and Syria announced plans for a joint investment fund and signed an Investment Promotion and Protection Agreement, with Saudi Arabia preparing for a Damascus stock market. Egypt has begun training 5,000 Palestinian police officers in coordination with Jordan to address the security vacuum in Gaza. Jordan reinstated mandatory military service for the first time in 33 years, following comments from Netanyahu about 'Greater Israel'pl. The world's largest wealth fund in Norway cut ties with 6 firms linked to occupied territories, divesting $1.86 billion from 38 Israeli firms, signaling further isolation for Israel. Hamas accepted a ceasefire proposal brokered by Egypt and Qatar, yet Israel prepares for another invasion amid large protests. The US is even reviewing 55 million visas, "especially for Anti ISRAEL protesters"—a tactic I see the technical industrial complex using to profit from mass civil unrest. Demographics, with low Western birth rates and high suicide/addiction rates, will further vassalize the US, UK, EU, and Israel, creating more civil unrest for the implementation of surveillance and police states.

This, my friends, is the "multi-polar world order" I’ve been describing." The Fed is indeed less relevant than before, needing new tools as we transition to this more dystopian future of fiscal dominance and BlackRock’s multipolar world order.

Final Thoughts: Boycott the System

To my dedicated Bitcoin Wealth Builders, always remember this: the operating model of the U.S. Proof-of-Weapons Network is to manufacture conflict, stage controlled resolutions, and prop up the dollar-based debt Ponzi scheme. The dollar is not backed by gold or productivity; it is backed by a global network of violence and debt.

The only way out is a peaceful boycott. This is how you take back control:

•  Boycott the Fed with Bitcoin.
•  Boycott BlackRock by holding your assets in self-custody.
•  Boycott the banks by aiming to be debt-free.
•  Boycott the global corporations by spending locally.

Choose a peaceful, decentralized monetary system. This is how you reclaim your sovereignty.

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Disclaimer

This blog was generated with the assistance of AI and is based on the views, commentary, and live analysis delivered by Simon Dixon in Bitcoin HardTalk Episode 94. While AI was used to structure and summarise the conversation, the insights, framing, and content originate from the livestreamed episode hosted by Simon Dixon.

The purpose of this blog is to distill complex global developments—from Bitcoin adoption to geopolitical realignments—into an accessible format for educational and informational purposes only. It does not constitute financial, legal, tax, investment, or political advice. The commentary included here reflects personal opinions formed at the time of the episode, based on publicly available data, historical analysis, and Simon Dixon's professional perspective.

Bitcoin and other digital assets are volatile, high-risk instruments. Readers should perform their own due diligence and consult qualified professionals before making financial decisions. Nothing in this blog should be interpreted as a recommendation to buy, sell, or hold any asset, nor does it suggest any guarantee of future performance or outcome. References to individuals, companies, financial institutions, and geopolitical actors are made strictly for analytical or educational discussion.

By reading this blog, you acknowledge sole responsibility for any interpretation or action you take based on this content. Neither Simon Dixon nor any affiliated parties shall be held liable for financial loss, reputational damage, or decision-making based on the insights presented herein.

For the complete and unfiltered version of Simon Dixon's analysis, readers are encouraged to watch the full BitcoinHardTalk Episode 94 livestream.