Ten31 Timestamp: Bitcoin and the Red Queen

The Iran deal looked like a breakthrough until both sides started spinning it within the hour, but oil kept falling and the dollar stayed bid anyway. Marty and John walk through a week of narrative violations, from WTI dropping into the mid seventies to Fed Chair Warsh's hawkish first FOMC press conference. They dig into why hyperscaler CapEx exploding while free cash flow collapses makes Volcker 2.0 impossible, how housing affordability and debt service are pushing the Fed and Treasury back together, and why frontier AI is now a state secret. They also check in on Bitcoin's quiet grind, with Taiwan's central bank exploring reserves and BlackRock still building products in the background. 🔗 https://bitcoinproducts.com In this episode: Iran MOU signed and immediately disputed Oil crashing below $75 and the dollar narrative violation Warsh's first FOMC, hawkish dot plot, and stripped down guidance Hyperscaler CapEx surging while free cash flow dries up Housing affordability and why Volcker 2.0 is off the table Fed Treasury accord and the debt service constraint AI treated as national security, Fable 5 pulled from allies Bitcoin range bound while institutions and policymakers build TI…