Vivek Ramaswamy's Strive just added another 1,200 Bitcoin for roughly $100 million, pushing their stack near 37,000 coins worth about $3 billion, and the crew dives into whether daily Bitcoin dividends are becoming a real moat or a race to zero. From there it's German banks opening Bitcoin trading to tens of millions of customers, a new Visa-backed push to let 175 million merchants accept Bitcoin and stablecoins, and a pretty blunt debate about why none of this "Bitcoin is coming to everything" news ever seems to move the needle.
In this episode:
• Strive's latest 1,200 BTC buy and the math behind daily dividend yields versus Saylor's MSTR payouts
• Why Joey calls Strive's STRC and similar products a "race to zero" on dividend rates, and the cost-of-capital logic behind Saylor's numbers
• German bank Sparkasse opening Bitcoin trading to 40-46 million customers directly inside its banking app
• A new PayPal, Paradigm and SBI-backed effort bringing Bitcoin and stablecoin payments to 175 million Visa merchants
• Block's Cash App numbers - 59 million active accounts and roughly 24 million who've bought Bitcoin - and why most people still won't spend it
• The UK's HMRC resuming direct seizures from bank accounts for unpaid taxes without a court order
• Canada's new labor rules waiving job-market checks for "high wage" foreign hires, and rising Canada-to-US emigration numbers
• YouTube pulling Ben's self-hosted media server tutorial and the group's workaround using Nostr and X for censorship-resistant publishing
For the full conversation and visuals, head over to the video version of this episode.
Watch the video version: https://youtu.be/iBFjTd3WC8M
