The Wolf Of All Streets Bitcoin Supply Shock Intensifies As Banks Prepare To Sue The U.S. Gov Over Crypto!
4 snips
Mar 10, 2026 Alex Miller, entrepreneur building Bitcoin-native layers like Stacks to make BTC programmable and usable. Conversation touches on Bitcoin crossing 20M mined and the shrinking supply. They discuss mining dynamics, fee-driven futures, tokenized assets and institutional adoption. Legal and regulatory battles heating up as banks, markets, and lawmakers jockey for control.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Hits 20 Million Mined
- Bitcoin just passed 20 million mined leaving ~1 million remaining and increasing long-term scarcity.
- Alex Miller highlights the approaching halving cycle and that by 2032 emissions fall below 1 BTC per block, pushing the network toward fee-based security challenges.
Bitcoin Security Faces Revenue Shift
- Long-term security funding must transition from block rewards to transaction fees or other value accrual as emissions shrink.
- Alex says by 2032 rewards drop below 1 BTC per block, implying miners' economics will increasingly rely on on-chain activity or corporate/Treasury holders.
Move Utility On Chain To Support Bitcoin
- Build activity on Bitcoin (layer-2s, programmability) so value accrues on-chain and sustains miner economics.
- Alex describes Stacks as a layer-two that makes Bitcoin programmable and cheaper to capture transaction volume for long-term network sustainability.