AI is getting the blame for deflation, but other forces may be driving it. What happens to Bitcoin in a world of falling prices? Then: BIP-110 and the biggest governance fight since the blocksize wars.

Episode Links:

• 🇺🇸 Buy Sats on River - The best way to stack in the US
• 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform
• ⚡ The Bitcoin Company - Spending your Bitcoin Via Lightning
• 🏦 Fold Card - Pay bills Stack Sats
• 💵 SALT Lending - Get access to your BTC Value w/out Selling

Show Notes:

Deflation & Macro Narrative

• Lyn Alden on the Gradual Print Era, Gold & Bitcoin
• Cathie Wood Predicts Deflation

BIP-110

• BIP-110 Official Site
• BIP-110 Overview — The Bitcoin Manual
• BIP-110 Soft Fork Gains Support — Phemex
• Bitcoin Nodes Running BIP-110 Cross 2% — Cointelegraph
• BIP-110 Divides Developers and Miners — Bit2Me News
• Adam Back Criticizes BIP-110 — ForkLog
• BIP-110 Validator Support Snapshot — RootData
• Could BIP-110’s Data Cap Disrupt Bitcoin? — AInvest
• Plan ₿ Forum 2026 — Knots & BIP-110 Debate

OP_RETURN Stats

• Recent OP_RETURN Output Statistics — Delving Bitcoin

Updates & Market Signals

• Treasury Secretary Scott Bessent Interview — CNBC
• T-Bills Driving Bitcoin Price — Cointelegraph
• Goldman Sachs CEO on Bitcoin & Clarity Act — Decrypt

Music:

• Radio Brigade — Mellow Cassette