TFTC: A Bitcoin Podcast #710: Q4 2025 Monetary Base Update with Matthew Mežinskis
40 snips
Jan 31, 2026 Matthew Mežinskis, a monetary analyst who publishes quarterly monetary base updates, breaks down Bitcoin versus gold and silver. They discuss record rallies in precious metals, why Bitcoin looks cheap relative to metals, mining revenue context, power-law price trajectories across currencies, and geopolitical angles about freedom and autocracy.
AI Snips
Chapters
Books
Transcript
Episode notes
Consider Caution On Silver Gains
- If you hold recent silver gains, consider taking profits and reassessing risk because social signs look frothy.
- Matthew explicitly advises caution at current silver levels.
Bitcoin Extremely Cheap In Silver Terms
- Priced in silver ounces, Bitcoin is historically cheap at ~785 oz per BTC versus a 5,800 oz trend.
- Relative to silver, Bitcoin is at its most undervalued percentile ever.
Silver Dealer Lines Indicate Retail FOMO
- James Sheck reported long lines at a silver dealer, signaling retail FOMO and potential market top.
- Marty relayed this anecdote as a practical social indicator of excess demand.
