Japan has been the “monetary experiment lab” for decades and the consequences are rippling outward. In this episode, I’m joined by Roberto Rios (Peruvian Bull) to unpack Japan’s 1980s bubble, and how decades of financial repression set the stage for the yen carry trade. We break down why the carry trade exploded, and what it means when it unwinds for risk assets, bonds, bitcoin.

We also connect the macro picture to hard assets: why physical markets in the East are pressuring gold/silver paper markets in the West, and how changing liquidity conditions could shape Bitcoin’s next phase. Finally, we tackle the big question: are Bitcoin’s 4-year cycles fading?

TIMECODES00:00 Japan’s bubble was insane 05:00 Yen carry trade: how it works + why it got huge13:00 Zombie companies + why recessions matter17:15 Society effects: lost generation, wages, birth rate collapse25:00 Mt. Gox, Japan, and Bitcoin adoption + MetaPlanet30:00 East vs West: physical vs paper gold/silver + the “disconnect”38:00 What macro means for Bitcoin + cycles debate44:50 Liquidity, “stealth QE,” and what to watch next

GUEST LINKS

Guest: Roberto Rios / Peruvian Bull

YouTube https://www.youtube.com/@peruvian_bull

Substack https://dollarendgame.substack.com/

X: https://x.com/peruvian_bull

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⚠️ DISCLAIMERS

No Financial Advice. Entertainment/education only; not financial, legal, or tax advice. I may use affiliate links that support the channel at no extra cost to you. Bitcoin and crypto are volatile, do your own research.

In this episode, I sit down with Matt Prusak, President of American Bitcoin (ABTC). Matt breaks down ABTC’s accumulator model — combining high-efficiency mining with a treasury engine designed to maximize Bitcoin per share.

We also dive into hashrate and national security, blockspace geopolitics, U.S. energy dominance, and the role of miners in America’s emerging Strategic Bitcoin Reserve.

If you care about mining or the future of nation-state Bitcoin, this is a must-watch.

Timecodes

00:00 — Sneak peek

00:37 — ABTC: the “Accumulator” model

03:04 — KPIs: BTC-per-share, exahash, & efficiency

06:21 — Relationship with Hut8

07:56 — Trump family involvement: myths vs reality

09:17 — Why nation-states will mine Bitcoin

12:26 — Hashrate, blockspace, reserves: the geopolitical flywheel

14:43 — How much hashrate should nations aim for?

17:22 — U.S. energy policy and the rise of “digital OPEC”

20:22 — The Strategic Bitcoin Reserve

22:56 — ABTCs geographic strategy

23:40 — Partnering with foreign sovereigns?

23:56 — Mining at home hobbyist talk

Guest Bio:
Matt Prusak is President (and formerly CEO) of American Bitcoin (ticker $ABTC), where he leads the company’s mission to become a category-defining “accumulator”. With a background in energy, infrastructure and capital markets, Matt sits at the intersection of mining operations and macro finance.

Matt Prusak on X/Twitter: @MattPrusak

• American Bitcoin on X/Twitter: @AmericanBTC

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#Bitcoin #BitcoinMining #AmericanBitcoin #ABTC #Hashrate #StrategicBitcoinReserve #EnergySecurity #Blockspace #Magsplaining #BTC

In this episode of Magsplaining, we go deep into the “monetary debasement trade” with Lawrence Lepard — why gold is ripping, why Bitcoin is next, and why the fiat system can’t be fixed without massive money printing.

We get into deficits, yield curve control, the Fed, BRICS de-dollarization, Fort Knox and “paper gold,” why silver is waking up, and how this all ends in a global monetary reset. Lawrence also lays out his multi-year macro timeline: inflation, political breakdown, and eventually a return to sound money — with Bitcoin at the center.

If you’ve ever wondered “Is it too late?” for gold or Bitcoin… this is the episode you send people.

💡 GUEST BIO:Lawrence Lepard is a sound money investor and founder of Equity Management Associates (EMA), where he manages funds focused on gold, Bitcoin, and hard assets. A former venture capitalist and long-time advocate for monetary discipline, Lawrence writes widely read macro letters on inflation, debt, and the global shift toward sound money. His latest book explains how governments’ fiscal recklessness is fueling the “monetary debasement trade” — and why gold and Bitcoin are the escape valves.📨 Read his quarterly letters: https://ema2.com/quarterly-reports/BOOK: The Big Print: What Happened to America and How Sound Money Will Fix It: https://a.co/d/7gdSTVa🐦 Follow Lawrence on X: @LawrenceLepard🎙️ FOLLOW MAGSX (Twitter): ⁠https://x.com/crypto_mags ⁠ Podcast hub: ⁠www.magsplaining.com ⁠ 📌 SUPPORT THE SHOW• Like, subscribe, and share this episode• Sponsor: magsplaining at gmail dot com• Tip in Bitcoin: mags@blink.sv ⛏️ PRODUCT PROMO CODEGet 5% off of Bitcoin miners at⁠ ⁠Plebsource⁠⁠ with MAGS.⚠️ DISCLAIMERSNo Financial Advice. Entertainment/education only; not financial, legal, or tax advice. I may use affiliate links that support the channel at no extra cost to you. Bitcoin and crypto are volatile, do your own research.#Magsplaining #Bitcoin #Gold #Silver #SoundMoney #Macro #Inflation #DeDollarization #BRICS #MonetaryReset #LawrenceLepard #FinancialRepression #BitcoinTreasury #QE