Bitcoin, Liquidity, And The Coming Inflection Point | Jeff Ross

Video Description

Jeff Ross joins the show for a breakdown of why the global financial system is cracking and why Bitcoin’s recent weakness may be the setup. We discuss why governments are trapped into monetising debt, why inflation is no longer a policy choice, and how deflation could ultimately kill fiat currencies altogether. Jeff also explains why the four year Bitcoin cycle is effectively dead, how a multi-year U.S. manufacturing recession has quietly dragged Bitcoin lower, and why liquidity and economic reality matter far more than narratives or price models. We also get into Japan’s bond yield shock and the unwind of the yen carry trade, why rising rates there are sending stress through global markets, and what it signals about the end of the easy-money era. Jeff lays out why the world is slowly moving away from the U.S. dollar as the global reserve asset, why gold is already repricing, and why Bitcoin’s real breakout may come later, driven by structural pressure. We explore the 2026 inflection point, government-picked winners like AI and manufacturing and the risk of global deflation. FOLLOW: Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny THANKS TO OUR SPONSORS: IREN: https://www.iren.com/ ANCHORWATCH: https://www.anchorwatch.com/ BLOCKWARE: https://mining.blockwaresolutions.com/wbd LEDN: https://learn.ledn.io/wbd BITKEY: https://bitkey.world/ SWAN: https://www.swan.com/wbd SUBSCRIBE TO THE PODCAST: FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669 WEBSITE: https://www.whatbitcoindid.com/ CHAPTERS: 00:00:00 - Introduction 00:02:30 - Why The Four-Year Bitcoin Cycle Is Dead 00:05:05 - The Hidden Recession 00:07:55 - How Tax Policy Could Reshape Bitcoin Mining 00:10:55 - Governments Picking Winners And Losers 00:14:40 - Debt Monetisation And Currency Debasement 00:19:10 - The End Of U.S. Global Dominance 00:23:55 - How Modern War Reshapes Money 00:27:30 - Gold, BRICS, And The Dollar Shift 00:31:30 - Fourth Turning And Monetary Resets 00:36:40 - What’s Happening With Japan’s Bond Yields 00:38:50 - The Yen Carry Trade Unwind 00:42:35 - Why Inflation Is Now Inevitable 00:47:15 - Deflation, AI, And The Death Of Fiat 00:54:25 - What A Bitcoin Bull Market Looks Like What Bitcoin Did with Danny Knowles #Bitcoin #Finance #Money #Economics