# The K Trap

URL: /show/this-week-in-bitcoin/104/
> They want to blame the war, but the split was already there. This week, I follow the K-shaped economy under the headlines, and Bitcoin’s uncomfortable signal: adoption is accelerating, and so is domestication.

- Show: [This Week In Bitcoin](/show/this-week-in-bitcoin/)
- Episode: 104
- Date: 2026-05-13
- Hosts: chris
- Duration: 01:18:18
- Audio: https://feeds.fountain.fm/40huHEEF6JMPGYctMuUI/items/Y58qtX4fjDuPPop31PsP/files/AUDIO---DEFAULT---72fbdcf3-7798-46a0-8c0a-58f3834a9716.mp3


Transcripts: [application/x-subrip](https://feeds.fountain.fm/40huHEEF6JMPGYctMuUI/items/Y58qtX4fjDuPPop31PsP/files/AUDIO---TRANSCRIPT---DEFAULT---SRT.srt)




### Episode Links

* 🇺🇸 [Buy Sats on River](https://partner.river.com/jupiter) \- The best way to stack in the US
* 🇨🇦 [The Bitcoin Well](https://www.bitcoinwell.com/jupiter) \- An amazing automatic self-custody Bitcoin platform
* ⚡ [The Bitcoin Company](https://app.thebitcoincompany.com/signup?ref=JUPITER) \- Spending your Bitcoin Via Lightning
* 🏦 [Fold Card](https://use.foldapp.com/r/XNHPXTFC) \- Pay bills Stack Sats
* 💵 [SALT Lending](https://borrower.saltlending.com/register?referralCode=GkPQdbqWG) \- Get access to your BTC Value w/out Selling

**Show Notes**

* [US consumer prices rise 3.8% as Iran war sends energy …](https://www.wkyc.com/article/money/associatedpress/us-consumer-prices-rise-38-as-iran-war-sends-energy-prices-higher/616-fd8cdfdc-d9ab-48a5-87bc-40a7d0f34ce5)
* [Inflation spikes to 3.8 percent in April, higher than expected](https://www.aol.com/articles/inflation-spikes-3-8-percent-130612000.html)
* [PPI report: Wholesale prices rose 0.5% in April, more than expected](https://www.cnbc.com/2024/05/14/ppi-report-wholesale-prices-rose-0point5percent-in-april-more-than-expected.html)
* [Widening K-shaped economy pattern across income groups](https://www.foxbusiness.com/economy/bank-america-data-reveals-widening-k-shaped-consumer-spending-pattern-across-income-groups)
* [K-shaped economy is showing up at the gas pump: NY Fed - The Hill](https://thehill.com/business/5870589-k-shaped-economy-gasoline-consumption/)
* [What is the K-shaped economy, where the rich are getting … - Fortune](https://fortune.com/article/what-is-k-shaped-economy-wealth-inequality-explained/)
* [The economy is cracking. This trend is most alarming.](https://www.washingtonpost.com/opinions/2025/08/06/economy-jobs-middle-class-recession-tariffs/)
* [Senate confirms Kevin Warsh as Fed governor, clears way for chair …](https://www.cnbc.com/2026/05/12/senate-confirms-kevin-warsh-as-fed-governor-clears-way-for-chair-vote.html)
* [Kevin Warsh wins Senate confirmation to Federal Reserve Board of …](https://finance.yahoo.com/economy/policy/article/kevin-warsh-wins-senate-confirmation-to-federal-reserve-board-of-governors-putting-him-one-step-closer-to-replacing-jerome-powell-as-chair-113716444.html)
* [Senate Banking Committee to vote on Clarity Act crypto bill](https://finance.yahoo.com/markets/crypto/articles/senate-banking-committee-vote-clarity-112544303.html)
* [Senate Banking Committee unveils revised Clarity Act text before …](https://crypto.news/senate-banking-committee-unveils-revised-clarity-act-text-before-key-vote/)
* [Crypto Market Structure Bill Gains Bipartisan Momentum](https://bitcoinmagazine.com/politics/crypto-market-bill-gains-momentum)
* [Coinbase CEO Brian Armstrong heads to Senate to advocate for …](https://cryptobriefing.com/coinbase-ceo-senate-crypto-bill/)
* [Labor unions oppose Senate crypto bill ahead of Thursday …](https://www.theblock.co/post/400917/labor-unions-oppose-senate-crypto-bill-ahead-of-thursday-committee-markup-report)
* [Crypto legislation faces another hurdle: Labor unions](https://www.cnbc.com/2026/05/12/congress-crypto-legislation-labor-unions.html)
* [Strategy CEO Phong Le unveils 6 capital-management principles …](https://whale-alert.io/stories/e1b0012de19b6f/Strategy-CEO-Phong-Le-unveils-6-capital-management-principles-prioritizing-Bitcoin-per-share-and-allowing-BTC-sales)
* [Strategy weighs selling bitcoin to fund dividends amid Q1 net loss](https://www.coindesk.com/business/2026/05/05/michael-saylor-s-strategy-signals-potential-bitcoin-sale-to-fund-dividends-obligations)
* [Strategy Will Keep Buying Bitcoin Forever, Saylor Says](https://bitcoinmagazine.com/news/strategy-mstr-michael-saylor-bitcoin-buys)
* [Strategy Considers Bitcoin Liquidation to Cover Preferred Dividends](https://mycryptoparadise.com/saylors-bitcoin-dividend-sale-tests-treasury-faith/)
* [Crypto-Assets: Implications for Consumers, Investors, and …](https://home.treasury.gov/system/files/136/CryptoAsset_EO5.pdf)
* [A good article deeply analyzing the impact of Bitcoin ETF on …](https://chainless.hk/2024/03/11/a-good-article-deeply-analyzing-the-impact-of-bitcoin-etf-on-future-finance/)
* [Inflation spikes to 3.8 percent in April, higher than expected - The Hill](https://thehill.com/business/5873675-inflation-rate-april-iran-war/)
* [US consumer prices rise 3.8% as Iran war sends energy prices higher](https://www.abc27.com/news/us-world/business/ap-us-consumer-prices-rise-3-8-as-iran-war-sends-energy-prices-higher/)
* [324\. Apolar Money: Lecture at the Global Economy & Finance Conference in Seoul - YouTube](https://www.youtube.com/watch?v=0yhv0Z_fOGk)
* [Bitcoin Wins Big While Altcoins Face New Regulatory Reality - YouTube](https://www.youtube.com/watch?v=PSx0nyfJ47o)

**Music:**

* [Shoot Me Down By: Nat Hills](https://podcastindex.org/podcast/7777168?episode=53270866546)