{"podcast":{"title":"The Bitcoin Way Podcast","slug":"the-bitcoin-way-podcast-6843432","podcast_index_feed_id":6843432,"rss_url":"https://feeds.fountain.fm/lFHn4zNybhc78I4owxOv","website_url":"http://www.youtube.com/@TheBitcoinWay","image_url":"https://feeds.fountain.fm/lFHn4zNybhc78I4owxOv/files/COVER_ART---DEFAULT---6f5d2f1b-886a-4987-b539-c2bc95e4d9f3.jpg","author":"The Bitcoin Way","episode_count":316,"summary":"Welcome to The Bitcoin Way Podcast! We are working to onboard the world onto Bitcoin the RIGHT way, through education and proper self-custody… and with peace of mind. In our weekly podcast, Michael Jordan interviews great minds in, and tangential to, the Bitcoin space to understand this technology's financial, cultural, economic, health, and other implications for our world.Our bi-weekly show, Bitcoin Banter is a discussion on related news and current events, with a dash of entertainment.Subscribe and turn on notifications to keep up with us!Check out The Bitcoin Way:(Web) https://www.thebitcoinway.com/(X) https://twitter …","last_synced_at":"2026-07-31T06:20:28.948368+00:00","page_url":"https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432"},"episode":{"title":"$1M Bitcoin Is Already Locked In | Nik Bhatia","slug":"1m-bitcoin-is-already-locked-in-nik-bhatia","published_at":"2026-04-29T17:06:54+00:00","page_url":"https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432/1m-bitcoin-is-already-locked-in-nik-bhatia","show_page_url":"https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432","url":"https://fountain.fm/episode/2wxKQtRDRqfKIAKEIk9m","audio_url":"https://feeds.fountain.fm/lFHn4zNybhc78I4owxOv/items/AcilpVDzDWhRVbCO1XYx/files/VIDEO---DEFAULT---8bf4688b-2711-4101-8978-5429036a32e9.mp4/ORIGINAL.mp3","summary":"📞 Schedule a FREE call: https://www.thebitcoinway.com/contact?utm_campaign=podcast&utm_medium=social&utm_source=fountain 📖 Subscribe to our newsletter: https://www.thebitcoinway.com/resources/newsletter?utm_campaign=podcast&utm_medium=social&utm_source=fountain 🔑 Learn about our self-custody services: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_campaign=podcast&utm_medium=podcast&utm_source=fountain In episode #114 of The Bitcoin Way Podcast, Nik Bhatia (founder of The Bitcoin Layer, former US Treasuries trader) joins to break down why $1M Bitcoin isn’t a prediction — it’s already locked in. We cover the power law model that puts Bitcoin at $1,000,000 in the 2030s, MicroStrategy’s STRC vs US Treasuries, why bond yields could stay low past $40T debt, the 400x capital gap to BlackRock and Fidelity’s target allocations, how AI is forcing investors to recategorize Bitcoin, and why hyperbitcoinization isn’t coming. You can follow Nik on X at https://x.com/timevalueofbtc , subscribe to his Substack at https://thebitcoinlayer.substack.com , and visit his website at https://thebitcoinlayer.com . ⏱️ TIMESTAMPS: 00:00 - Guest Introduction 01:14 - The Role of STRC in Investment Strategies 06:13 - Understanding Risks in Bitcoin Investments 08:53 - The Landscape of U.S. Treasuries and Bitcoin 12:07 - Bitcoin as a Long-Term Investment 14:55 - The Power Law and Bitcoin's Growth 24:08 - Revisiting Bitcoin's Trajectory and Market Dynamics 29:54 - Bitcoin's Resilience and Market Behavior 31:25 - Macro Trends Impacting Bitcoin 34:46 - The Role of AI in Bitcoin's Future 46:59 - Energy Markets and Bitcoin Mining 52:01 - Hyper Bitcoinization vs. Gradual Adoption 🎧 LISTEN TO OUR POD & OTHER EPISODES: YouTube: https://www.youtube.com/@thebi…","meta_description":"📞 Schedule a FREE call: https://www.thebitcoinway.com/contact?utm_campaign=podcast&utm_medium=social&utm_source=fountain 📖 Subscribe to our newsle…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3597,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-bitcoin-way-podcast-6843432/episodes/1m-bitcoin-is-already-locked-in-nik-bhatia/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432/1m-bitcoin-is-already-locked-in-nik-bhatia.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}