Show notes
Charles Schwab is moving toward a Bitcoin ETF, and the Bitcoin Today room digs into what it means for holders, advisors and the price. Loren and Terence host today's live Bitcoin Today Space with the community, including Aztec, Natalie, Michael, Omar and more.Today on Bitcoin Today, the conversation opens with the community catching up and what the room is watching on a big conference day. Then the Tesla Roadster and Cybertruck debate takes over, with the panel split on whether the launch hype is real. Along the way: Elon, politics and why polarization keeps people arguing.Then we turn to Bitcoin. The big news is Schwab and its RIA platform. The panel talks about Bitcoin ETFs, whether ETF selling pressure matters, how Bitcoin differs from an S&P 500 ETF because there can only ever be 21 million, and why more ETF adoption makes self-custody and multi-sig conversations more important, not less. We close out with spend and replace thinking, and the long game for Bitcoin.Searching for daily Bitcoin news, Schwab Bitcoin ETF, Bitcoin ETFs, RIA platforms, self-custody, multi-sig, Tesla Roadster or Elon? This episode covers it in a live, unscripted community conversation recorded Friday morning PT.CHAPTERS00:00 Intro: live from Bitcoin Alpha in Santa Monica02:31 The Bitcoin-mining wristwatch05:01 Markets: Korea and Indonesia selloff, hyperscalers getting waxed15:03 The Schwab news is bullish17:45 Tesla talk: the Roadster reveal22:35 The Roadster is something completely different25:51 Fight: Roadster production vs publicity stunt28:49 Garage talk: 911 GT3 RS and Ferraris30:00 Cybertruck vs the Porsche35:02 The Elon politics debate39:05 Cheering on the builder despite the politics45:02 Will the Roadster ever be street legal48:41 Skepticism for anyone with that much power50:03 Conference sessions and the Tesla event recap56:06 Schwab going in is the only thing you need to know57:11 You can already buy every Bitcoin ETF inside Schwab58:33 Active vs passive: what is destroying our markets1:00:42 Did the ETFs move Bitcoin's price up or down1:01:26 The 2022 drawdown: 70 to 75 percent before ETFs1:02:32 Paper-handed ETF holders in the next risk-off1:04:40 The 21 million rebuttal: you cannot make more of it1:06:30 Compressed spring: paper Bitcoin vs spot Bitcoin1:10:07 Why Schwab's ETF is bullish: the RIA pitch machine1:12:35 Fee-based RIAs and Schwab's internal marketing1:13:23 1000 percent multi-sig: IBIT is not Bitcoin1:14:18 As ETFs grow, self-custody conversations matter more1:16:05 In-kind redemptions: can institutions withdraw1:18:45 On the ground at Bitcoin Alpha1:21:00 Bitcoin ADRs: American depository receipts1:22:33 Separate self-custody from spending Bitcoin1:26:47 Self-custody as a forward market indicator1:28:04 Winding down: doing the best with what we have1:30:03 Outro🎙️ MISSED THE LIVE SPACE?Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself. We are live on X every weekday at 8:30 AM PT.📍 FOLLOW BITCOIN TODAYFollow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays.🎧 FOLLOW ON SPOTIFYFollow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money.⚡ SUPPORT BITCOIN TODAYEnjoy the show? Support Bitcoin Today and help us keep the daily conversation going.X Money: @LorenHodl
