# #84 Nik Bhatia - What Really Drives Bitcoin's Price

Page: https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247/84-nik-bhatia-what-really-drives-bitcoin-s-price
Text version: https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247/84-nik-bhatia-what-really-drives-bitcoin-s-price.md
Podcast: [The Sovereign Life with Dale Warburton](https://stenobird.com/podcast/the-sovereign-life-with-dale-warburton-6341247)
Published: 2025-05-11T01:37:27+00:00
Episode link: https://podcasters.spotify.com/pod/show/whybitcoinshow/episodes/84-Nik-Bhatia---What-Really-Drives-Bitcoins-Price-e32lunp
Audio file: https://anchor.fm/s/e00fa13c/podcast/play/102480057/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-4-11%2F400009210-44100-2-abd43b5806205.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-sovereign-life-with-dale-warburton-6341247/episodes/84-nik-bhatia-what-really-drives-bitcoin-s-price
Duration seconds: 3629

## Resource

Nik Bhatia is a prominent financial researcher, CFA charterholder, and Adjunct Professor of Finance and Business Economics at USC Marshall School of Business, where he teaches Applied Finance in Fixed Income Securities. He is the author of the bestselling book Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies (2021) and his recent work, Bitcoin Age (2025). Bhatia is also the founder of TheBitcoinLayer.com, a premium markets research platform focusing on Bitcoin through a global macroeconomic lens. With a background in trading U.S. Treasuries and interest rate futures, he bridges traditional finance and Bitcoin, exploring its role as a store of value, a check on fiat systems, and a pluralistic monetary technology. You can follow me on ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠www.x.com/⁠Dale21M ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠or visit⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠www.whybitcoinshow.com⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ for any feedback. I'm on a mission to help people understand "why Bitcoin". If you could like, comment and share this episode with friends, it's the single most valuable thing you could do to help spread the message. Need a hand with self-custody? Book a ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠session ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ with me to get your Bitcoin security house in order.

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