What Bitcoin Did
What Bitcoin Did
Danny Knowles
Bitcoin Will Never Have Another 80% Crash | Eric Yakes
1 hour 18 minutes Posted Aug 27, 2026 at 4:44 pm.
Intro and general banter
Macro inflection points for Bitcoin
Bitcoin store of value and adoption cycles
The gold to Bitcoin rotation
Stablecoin adoption and sovereign currency dynamics
Future predictions and wrap up
0:00
1:18:40
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Show notes

“Everything’s structurally changed.”

Eric Yakes is back on the show to explain why Bitcoin may never suffer another 80% crash, and why the recent 50% drawdown could prove that the four year cycle is finally dead.

We discuss whether yield curve control has arrived under another name, why Bitcoin is becoming a hedge against monetary debasement and the potential for a great rotation out of AI and gold and why gold could reach $10,000 while Bitcoin runs from $80,000 to $800,000.

Eric also gets into how the US push for stablecoins could unintentionally accelerate Bitcoin adoption, why stablecoins may provide the route to hyperbitcoinization, how Bitcoin could become the world’s most valuable collateral and why fractional reserve banking might actually help Bitcoin win.

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