# How Trump Could Weaponize Bitcoin

URL: /show/this-week-in-bitcoin/38/
> Bitcoin: The Unlikely Ally of the Dollar System. What if Bitcoin pumps don’t kill the dollar but make it stronger? How stablecoins and T-bills could entrench the dollar’s dominance, Saylor’s Bitcoin pitch to Microsoft, and why ETF fears are overblown.

- Show: [This Week In Bitcoin](/show/this-week-in-bitcoin/)
- Episode: 38
- Date: 2024-12-04
- Hosts: chris
- Duration: 01:14:12
- Audio: https://op3.dev/e/serve.podhome.fm/episode/f01a19c0-6f9d-4aef-9515-08dc15242149/638689431504084300bf3fb3af-9655-426a-92d3-6b6812fded73v1.mp3





### Episode Links

**Affiliate Links:**

* 🇺🇸 [Buy Sats on River](https://river.com/signup?r=3CT4V56E) \- 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

**LINKS:**

* [Finally my chart got attention. And now I feel is it too late for this fractal now that everyone knows about it](https://x.com/MrVandelayArt/status/1863545210955006442)
* [Crypto Market, Gold Could Rise if World Seeks Dollar Alternatives Amid Trump Tariffs](https://www.barrons.com/livecoverage/stock-market-today-120324/card/crypto-market-gold-could-rise-if-world-seeks-dollar-alternatives-amid-trump-tariffs-SAkJxGnL7ro2Yjfb8pDU)
[Trump pushes for global dollar dominance, but also embraces
bitcoin](https://www.axios.com/2024/12/03/trump-dollar-bitcoin-tariffs-brics)

* [Tom Lee Predicts S&P 500 To Reach 6,300, Bitcoin To Break $100K By Year-End, Says Trump's Tariffs Can Be Effective 'Negotiating Tools' ](https://www.benzinga.com/news/global/24/12/42281825/tom-lee-predicts-sp-500-to-hit-6300-bitcoin-to-surpass-100k-by-year-end-says-trump-carrying-a-big-stick-can-be-effective)
* [US dollar and bitcoin advance spurred by Trump tariff expectations | Reuters](https://www.reuters.com/markets/currencies/dollar-soars-with-bitcoin-trump-trade-ramps-up-euro-yuan-battered-2024-11-12/)
* [How painful will Trump’s tariffs be for American businesses?](https://www.economist.com/business/2024/12/03/how-painful-will-trumps-tariffs-be-for-american-businesses)
* [Luke Gromen: Bitcoin as "The New Oil," Trump's Tariffs, and the Death of the Dollar-Centric System - YouTube](https://www.youtube.com/watch?v=vIxS-bjTu5A)
* [Digital Assets and the Treasury Market presentation](https://home.treasury.gov/system/files/221/TBACCharge2Q42024.pdf)
* [Saylor Buys 15,400 BTC](https://xcancel.com/saylor/status/1863569873713955156)
* [Microsoft Bitcoin Strategy - A Presentation by Michael Saylor - YouTube](https://www.youtube.com/watch?v=cH2t6VOdgkE)
* [James Lavish says Bitcoin is “0.2% right now, at 1% of the total global assets, Bitcoin's a $9 Trillion asset and worth about $450,000, at 3% is worth $1.3 Million per BTC”](https://x.com/SimplyBitcoinTV/status/1863630055596777757)

**Energy:**

* [The Potential Relationship between Biomass, Biorefineries, and Bitcoin](https://www.mdpi.com/2071-1050/16/18/7919)
* [Renewable energy and cryptocurrency: A dual approach to economic viability and environmental sustainability: Heliyon](https://www.cell.com/heliyon/fulltext/S2405-8440\(24\)15796-9)
* [Can bitcoin mining empower energy transition and fuel sustainable development goals in the US? - ScienceDirect](https://www.sciencedirect.com/science/article/abs/pii/S0959652624002464)
* [Bhutan's national Bitcoin holdings reach one-third of its GDP, could Bitcoin become the new favorite reserve asset for countries worldwide? - ChainCatcher](https://www.chaincatcher.com/en/article/2151842)

**Updates:**

* [BlackRock’s spot ETF surpasses 500,000 bitcoin in assets under management ](https://www.theblock.co/post/329190/blackrock-ibit-spot-bitcoin-etf-500000-btc)
* [Officials are halting Bitmain units at U.S. ports, industry firms report - Blockspace Media](https://blockspace.media/insight/officials-are-halting-bitmain-units-at-u-s-ports-industry-firms-report/)
* [Introducing Alby Benefits](https://blog.getalby.com/introducing-alby-benefits/)
* [Alby Go v1.7.2 Update.](https://github.com/getAlby/go)

**Music**

* [Bitcoin all Time High by HEKS](https://podcastindex.org/podcast/7123185)

