SUMMARY
In this lively episode, Nish and Michiel navigate a turbulent but exciting week in markets, tech, and crypto. They kick off by celebrating crypto’s rebound, with Sui and Bitcoin leading a surprising rally. Michiel shares quirky news from a Brooklyn spa heating hot tubs with Bitcoin miners, before discussing Elon Musk’s carbon removal X-Prize – and the irony given Musk’s ties to Trump. The duo dive deep into the growing antitrust troubles for Meta, with Instagram’s co-founder testifying against Mark Zuckerberg.
Nish brings big crypto wins: Ripple clears its legal battles, Trump’s meme coin explodes, and the Federal Reserve backs off its anti-crypto banking stance. Plus, a wild kidnapping story tied to Bitcoin fortunes highlights the dark side of crypto wealth.
In the tech stock world, Palantir outshines Nvidia, reversing the old rule that tech is less volatile than crypto. Michiel argues volatility is everywhere – and sometimes, crypto is the safer bet.
Chapters
1. 00:00 — Taurus Season, Crypto Season
Bitcoin, Sui, and altcoins are pumping — but are we back or getting wrecked again?
2. 01:58 — Lambos, Dubai, and Hot Tubs
The Dubai crypto crowd, and a Brooklyn spa heats its hot tubs with Bitcoin miners.
3. 04:20 — Musk vs. Trump: Climate Hypocrisy?
Elon backs $100M in carbon removal tech… while advising a climate change denier.
4. 07:28 — Zuck’s Instagram Sabotage
Kevin Systrom testifies Zuckerberg starved Instagram of resources — out of fear?
5. 09:32 — Your Grandmother’s Facebook
Facebook is now where old classmates and surgical selfies meet. Nish explains why she avoids it.
6. 14:07 — Dinner with Trump? Just Buy His Meme Coin
Trump’s TRUMP token pumps after he offers a private dinner to top 220 holders.
7. 15:37 — Kuwait’s Crypto Crackdown
Illegal mining causes blackouts. Not every country is using Bitcoin heat for spa luxury.
8. 16:04 — US Fed Walks Back Anti-Crypto Banking
The Federal Reserve quietly ends its crypto-unfriendly bank guidance.
9. 17:04 — Crypto Enters the Tech Elite
Even The Information is covering crypto banks now. Silicon Valley is watching.
10. 17:59 — Crypto Kidnapping in Florida
$230M in Bitcoin, a kidnapped son, and a gang of 18- to 22-year-olds.
11. 19:34 — Podcast Tips, TikTok Dreams, and Family Spotify Plans
Demis Hassabis on AI, family accounts gone wrong, and what’s wrong with LinkedIn content.
12. 24:20 — Palantir vs. Bitcoin: Who’s More Volatile?
Tech stocks like Palantir are now crazier than crypto. Is your pension fund ready?
13. 26:21 — Bull or Bear? Depends on the Week
Nish is bullish, Michiel is bearish, and Sygnum Bank backs altcoins.
14. 27:46 — Closing Notes: Don’t Post Your Gains
In a world of kidnappings and flexing, the final tip: stay low and stay safe.
NFA Podcast – Episode 13 Show Notes
Altcoins rally with Trumpcoin and Sui leading the charge
2. Brooklyn Bitcoin Mining Spa
3. Elon Musk donated $100M Carbon XPrize
· IPCC Report: the Physical Science Basis
4. Meta Antitrust Case & Zuckerberg Drama
- Kevin Systrom testifies against Mark Zuckerberg
- Mark Zuckerberg buried himself
- Has the government already won against Zuckerberg?
5. Trump Meme Coin & Dinner
6. ZachXBT – Brilliant Crypto sleuth’s X account
7. Kuwait Energy Crisis because of Bitcoin
8. Fed Withdraws Anti-Crypto Banking Guidance
10. AI & Nobelprize winner & Startups
11. Sygnum Bank bullish on altcoins
NFA Podcast on other channels
- NFA podcast newsletter on Linkedin
- NFA podcast newsletter on Substack
- NFA channel on Youtube
- NFA channel on Spotify
- NFA channel on Apple podcasts
- NFA account on Instagram
- Nisheta Sachdev on X
- Michiel Frackers on X
Please remember: the NFA Podcast is Not Financial Advice!