Rabbit Hole Recap

STRATEGIC BITCOIN RESERVE | RABBIT HOLE RECAP #347

Mar 7, 2025
Rob Hamilton, co-founder of AnchorWatch, discusses Bitcoin's evolution and its future as a strategic reserve asset. He dives into the ethical dilemmas surrounding Bitcoin recovery, recent developments in El Salvador's relationship with the IMF, and the emerging interest from U.S. states like Texas. The conversation also covers transaction complexities and the significance of Miniscript for Bitcoin security. Rob shares insights on the importance of self-custody and the innovations in safeguarding digital assets, offering a blend of serious analysis and engaging banter.
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ADVICE

Focus on Developer Freedom

  • Take the wins as they come regarding Bitcoin adoption.
  • Focus on ensuring developers can write open-source software without government interference.
ANECDOTE

Paolo in D.C.

  • Paolo Ardoino, CTO of Tether, is currently in Washington, D.C. This is notable because he previously stated he wouldn't visit the U.S.
INSIGHT

Bitcoin as a Hurdle Rate

  • David Sachs framed the Biden administration's Bitcoin sales as a loss, highlighting the $17 billion they would've profited.
  • This emphasizes the opportunity cost of not holding Bitcoin.
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