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What Bitcoin Did

THE DOLLAR MILKSHAKE & BITCOIN w/ Brent Johnson

By Danny Knowles

Aired Apr 4, 2025 · 1h 18m · Last boosted Apr 15, 2025

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Show Notes

Brent Johnson is the CEO of Santiago Capital and the creator of the Dollar Milkshake Theory. In this episode, we discuss why the dollar may strengthen before it dies, how global debt markets rely on an insatiable demand for US dollars, and why Brent believes a global sovereign debt crisis will force a dramatic monetary reset. We get into the mechanics of the Eurodollar system, why stablecoins entrench dollar hegemony, and why attempts to escape the dollar could make it stronger in the short term and Bitcoin’s potential role in this endgame. FOLLOW: Danny Kn...

Nostr Boost Stats

sats
2.3k
boosts
8
boosters
7

Nostr Community

Everyone who has boosted THE DOLLAR MILKSHAKE & BITCOIN w/ Brent Johnson on Nostr, ranked by sats sent, all time.

  1. npub1m0gm4…7lad 700 sats
  2. Manadust 500 sats
  3. unknown 456 sats
  4. btconboard #LNHANCE or #CTV 300 sats
  5. Bison 100 sats
  1. jgbtc 100 sats
  2. FernandoTheKoala 100 sats
Other Episodes This Community Boosts Other shows' episodes boosted by people who boosted this episode
May 5, 2025
Nostr Boosts:UN5.3k
300
⚡️👍🏻🫡
unknownMay 6, 2025
5k
You had me at “Satoshi’s going to rape our nodes”.
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Nostr Boosts:5.1k
100
Love murch 👍🏻👍🏻
jgbtcNov 21, 2025
5k
The best example of core going woke was the blackist change in 2020. It's a particularly good example because the PR author explicitly did it for woke reasons: to use a "more appropriate" word and "make everyone happy". Contrary to Murch's claim that core tries to keep conversations technical (around 1:39:00), this PR had no technical justification at all. This was a good conversation, but if anything it made me even more anti-core. A lot of nitpicky weak arguments from Murch, and dismissive hand waving of valid concerns. We know there is more than one core dev, we have read the core arguments and we are still unconvinced. For all Murch's appeals for understanding the core position (I did make it to the end) he seems to have made very little effort to understand the position against this change. I read the "experts" letter, did he read the rebuttals? https://github.com/bitcoin/bitcoin/pull/19227
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Nostr Boosts:UN1.1k
500
🔥🔥🔥 the Stormlight Archive series by Brandon Sanderson is the best modern fantasy series, fight me
500
Nostr sneak peek ftw, great idea
unknownOct 11, 2024
150
Am listening now and really enjoying it. Great to hear from the OGs.
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Apr 1, 2025
Nostr Boosts:M01k
npub1m0gm4qa…Apr 2, 2025
350
npub1m0gm4qa…Apr 2, 2025
350
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⚡️⚡️👍🏻👍🏻🔥🔥
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Nostr Boosts:1.3k
300
⚡️👍🏻🔥
jgbtcDec 31, 2024
1k
I like the clips.
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May 31, 2025
Nostr Boosts:M0650
jgbtcJun 2, 2025
100
Sats vs bitcoin is annoying but put the blame where it's deserved, which is Dorsey/Square. Maybe paying 900 bitcoin for something isn't confusing to Marty but explain to me how this is good for adoption because it's confusing to everyone else.
npub1m0gm4qa…Jun 2, 2025
250
300
Seedless is safer is an attack on Bitcoin. Bitkey makes totally reasonable tradeoffs for noobs with modest stacks. But this is dishonest marketing at best.
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Nostr Boosts:UN801
unknownDec 10, 2024
501
🤣🤣”Al Qeuda democracy”. Love it. Keep up the sarcasm.
300
⚡️🔥💯
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Jan 2, 2025
Nostr Boosts:800
BisonJan 3, 2025
500
If you don’t boost the podcast on nostr, did you even listen to it? GM
300
⚡️⚡️👍🏻🫡🔥
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Nov 22, 2024
Nostr Boosts:800
Jan 7, 2026
Nostr Boosts:M0600
npub1m0gm4qa…Jan 16, 2026
250
npub1m0gm4qa…Jan 15, 2026
250
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👍🏻
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Nostr Boosts:M0600
npub1m0gm4qa…Jun 14, 2025
250
npub1m0gm4qa…Jun 14, 2025
250
jgbtcJun 13, 2025
100
The more anti-maximalist rhetoric you hear, the closer we are to the next panic induced downturn.
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Aug 29, 2024
Nostr Boosts:UN700
unknownSep 5, 2024
500
Great show. I’ve been worried about it but instinctively something didn’t seem right and you’ve explained my concerns really well. 🤣even though I didn’t even know they were my concerns.
200
👍🏻👍🏻🫡🫡
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Nostr Boosts:M0650
npub1m0gm4qa…May 18, 2025
350
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👍🏻👍🏻
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Nostr Boosts:M0650
npub1m0gm4qa…Apr 27, 2025
350
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👍🏻👍🏻
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Nostr Boosts:M0650
npub1m0gm4qa…Apr 27, 2025
350
300
👍🏻👍🏻
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Apr 25, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 27, 2025
350
300
👍🏻👍🏻
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Apr 23, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 25, 2025
350
300
👍🏻👍🏻
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Apr 23, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 25, 2025
350
300
👍🏻👍🏻🫡
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Apr 16, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 19, 2025
350
300
👍🏻👍🏻👍🏻
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Nostr Boosts:M0650
npub1m0gm4qa…Apr 14, 2025
350
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⚡️⚡️⚡️
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Apr 11, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 12, 2025
350
300
Payjoin is awesome and appreciated 🫡🫡
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Apr 9, 2025
Nostr Boosts:M0650
npub1m0gm4qa…Apr 11, 2025
350
300
👍🏻👍🏻
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Nostr Boosts:M0650
npub1m0gm4qa…Apr 7, 2025
350
300
Love Nifty bringing the positive vibes grounded in real BTC progress
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Sep 14, 2026
Nostr Boosts:M0550
npub1m0gm4qa…Sep 16, 2026
250
100
Demanding 600 Bitcoin after you stole all of someone’s money is utterly insane
100
Bro WTF? Everything about their theft is uncommon compared to white hat. You can’t steal and then extort, that isn’t how white hat works. There’s an inherent power balance where you’re “negotiating” with your victim of whom you stole their money. If I break into your house and steal all your shit, will you feel all good if I offer to give most back?
100
👍🏻🫡
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Jul 8, 2026
Nostr Boosts:M0550
100
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
100
If it doesn’t have in app unilateral exit, it’s custodial, period. This is not negotiable. If something is not implemented then it simply doesn’t exist for the average user. 99.99999% of Spark users don’t even know a CLI app exists let alone how to use it. Without local caching and unilateral exit actually implemented in the app and having hard dependency on operator cooperation to exit then it’s custodial. Listen I actually like Spark and think it makes reasonable tradeoffs in a world without covenants, but as it stands it’s a custodial product. Happy to revise this once we see an actual implementation of unilateral exit and more operators and LSPs, but it’s just the honest reality today.
npub1m0gm4qa…Jul 9, 2026
250
100
👍🏻🫡👍🏻
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Oct 25, 2024
Nostr Boosts:600
BisonOct 26, 2024
100
The worse part about RHR is it’s only once a week
500
⚡️⚡️⚡️
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Oct 17, 2024
Nostr Boosts:600
500
⚡️⚡️👍🏻
BisonOct 17, 2024
100
@npub1qny3tkh0a… drops out of 2044 presidential race
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Oct 10, 2024
Nostr Boosts:600
BisonOct 12, 2024
100
500
Mi familia
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 456 via Fountain
    Great to have a contrary voice
  • 500 via Fountain
  • 100 via Fountain
    At 1:09:45 he says if US buys Bitcoin that would be a sign that the bitcoin game theory is playing out. But then at the end he goes on an anti-maxi rant about how maxis have betrayed the cypherpunk roots of bitcoin by cheering for government buying Bitcoin. The best you can say about Brent is his thoughts about bitcoin are muddled, clouded by his distaste for bitcoin maximalism. He should try harder to not let his emotions get in his way of understanding bitcoin.
  • 100 via Fountain
    very interesting and some comments on the usd that I haven’t heard before (and make lots of sense). He lost me at the end when talking about btc: seems like a huge pessimist that believe government will always win_ his comments about choosing time frame doesn’t not make any sense (then why mention a time frame yourself if you then say that anybody can choose its own?!)_ kept saying “hasn’t proofed itself yet (good god man give it time, it’s 16yo (which I would shorten to 10yo because who the hell knew it existed before?)_ lastly his comment about Ammous shows he completely missed the point (they will get it because it’s inevitable, not because he’s a dictator and will force it 😂)
  • 100 via Fountain
    There’s never enough money to pay off all the debt (in a credit based system)