# One Step Back, Two Steps Forward

URL: /show/this-week-in-bitcoin/48/
> Markets are stumbling, Bitcoin is under pressure, and the AI bubble might be popping. But beneath the chaos, something more substantial is forming.

- Show: [This Week In Bitcoin](/show/this-week-in-bitcoin/)
- Episode: 48
- Date: 2025-02-26
- Hosts: chris
- Duration: 01:07:36
- Audio: https://op3.dev/e/serve.podhome.fm/episode/f01a19c0-6f9d-4aef-9515-08dc15242149/63876209899051072468394052-8783-49d1-9fc1-2b52d45036dbv1.mp3





### Episode Links

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**LINKS:**

* [S&P 500 ekes out gain on Wednesday, ending four-day run of losses](https://www.cnbc.com/2025/02/25/stock-market-today-live-updates.html)
* [M2 Money Supply Rises](https://x.com/zerohedge/status/1894483878489837907)
* [Microsoft CEO Admits That AI Is Generating Basically No Value](https://ca.finance.yahoo.com/news/microsoft-ceo-admits-ai-generating-123059075.html)
* [Analyst says Microsoft is cutting AI data center spending, which may have led to market sell-off](https://www.cnbc.com/2025/02/24/a-microsoft-analyst-report-by-td-cowen-raised-concerns-about-the-ai-trade-and-helped-cause-fridays-market-sell-off.html)
* [How to Prevent the Next $1.5B Bybit Hack: A Strategic Approach to Solving Blind Signing | Blockaid Blog](https://www.blockaid.io/blog/how-to-prevent-the-next-15b-bybit-hack-a-strategic-approach-to-solving-blind-signing)
* [Did liquidity in crypto just dry up? ](https://x.com/KobeissiLetter/status/1894218914923417964)
* [Apollo Investments worried about downside risks to economy, notes that every 1 federal employee may actually be 3 jobs because of 2 contractors.](https://x.com/SullyCNBC/status/1893299923283546339)
* [Apollo Global Management - Wikipedia](https://en.wikipedia.org/wiki/Apollo_Global_Management)
* [Egg prices could increase by 41.1% in 2025 amid bird flu, egg shortages](https://www.axios.com/2025/02/26/bird-flu-egg-prices-growing-shortages-eggs)
* [U.S. Marshals Service, Managing Billions of Seized Assets, Can't Say How Much Crypto It Holds](https://www.coindesk.com/policy/2025/02/20/u-s-marshals-service-managing-seized-assets-can-t-say-how-much-crypto-it-holds)
* [Polymarket | Will Trump create Bitcoin reserve in first 1…](https://polymarket.com/event/will-trump-create-a-national-bitcoin-reserve-in-his-first-100-days?tid=1740593285996)
* [BitKey Inheritance is live. Here’s how it works.](https://bitkey.build/inheritance-is-live-heres-how-it-works/)
* [The ‘Bitcoin’ Senator To Chair First Digital Asset Hearing Wednesday](https://www.forbes.com/sites/jasonbrett/2025/02/23/the-bitcoin-senator-to-chair-first-digital-asset-hearing-wednesday/)
* [My bill to allow South Dakota to invest in Bitcoin died 9-3 in committee this morning. We will be back next year."](https://x.com/ManhartLogan/status/1894089957301453186)
* [Local news station KXAN covers the Texas Bitcoin Reserve bill ](https://x.com/BitcoinNewsCom/status/1894443833758191806)
* [Yes, Montana's Bitcoin reserve bill was rejected by House lawmakers BUT, 41 yay to 59 nay is more than most would have expected in past years & implies approval will happen in one of the 26 states SBR proposals are live](https://x.com/Crypto_Mags/status/1894050837602681042)
* [POWELL: “Bitcoin is like gold, only it's virtual, it’s digital.”](https://x.com/cointelegraph/status/1893876003044274404?t=E9EIlRX-vHxbQ8g23lQU3A)

**MUSIC:**

* [Acetaminophen by Mooky Podcastindex.org](https://podcastindex.org/podcast/7192897)