Absolute banger

https://wavlake.com/track/46e14aae-ee1d-416c-a9f6-2dbefa972301

In this episode of The Transformation of Value, host Cody Ellingham sits down with Kevin Whitmore from the new Bitcoin Policy Institute NZ. They are engaging with Ministers & Members of Parliament to push for a tax exemption on Bitcoin payments under $1,000. The goal? Fix the compliance nightmare and unlock real financial innovation. Listen here:

https://fountain.fm/episode/mK0sC3kk5NSD5VVdvSOl

Bitcoin’s market cap has slipped from $2.5T to about $1.8T, a ~30% pullback, but the bigger picture still looks like smooth, structural growth. $1 USD now buys 1,100 little bits of Bitcoin, up from a low of ~800.

In November 2017, Bitcoin dropped about 30% from an ~$8k all-time high to ~$5.5k - then ripped to a new high near $20k by Christmas. Volatility like this isn’t unprecedented.

Your Bitcoin savings might be down in dollar terms, but with everything on sale for Black Friday your purchasing power is kinda the same ¯\_(ツ)_/¯

GM and happy Monday! New Zealand’s cash markets open shortly, with Australia and Asia right behind. Will our local institutions use the head start to buy the dip or are they effectively handcuffed until the US ETFs open in 21 hours?

Since spot Bitcoin ETFs arrived, we’ve had three major “sales”: -35% (Aug 2024), -30% (Apr 2025), and now -25%. Every dip is getting shallower as big buyers step in sooner. Are institutions front-running each other to catch the dip before anyone else can? #bitcoin

A -25% sale on Bitcoin is great, but the chart shows it’s nothing like the -40% to -80% discounts we’ve seen before. Do we still have deeper discounts ahead to look forward to, or is this sale coming to an end? #bitcoin

Dollars $USD fall to an all time low. You can now purchase a dollar for less than 800 sats of #Bitcoin