Jeff Park is a Partner and Chief Investing Officer of ProCap BTC. In this conversation, we go on a global tour — from Argentina to China to London and back to the US — breaking down what’s happening in different economies, why the US dollar, gold, bitcoin, and global swap lines all matter right now. We also discuss market sentiment, bitcoin’s recent price action compared to gold, and whether investors should actually be worried.

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Timestamps:

0:00 – Intro
1:59 – Argentina’s economy and dollar swap lines
8:13 – Why the US is buying pesos before bitcoin
11:45 – Bitcoin as a strategic reserve asset
13:39 – China’s trade war and capital flows
18:43 – Lessons from the Bank of England and gold’s staying power
24:05 – How bitcoin could follow gold’s path
28:03 – Founding of America and monetary history
31:37 – Market sentiment and crypto disappointment
33:47 – Bitcoin adoption and trade-offs

Why Isn’t Bitcoin Pumping While Gold Soars? | Jeff Park

The Pomp Podcast