Are Bitcoin Reserve Companies an attack on Bitcoin? With Eric Yakes
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Are Bitcoin Reserve Companies an attack on Bitcoin? With Eric Yakes

1:05:28 Jul 2, 2025
About this episode
Companies are popping up everywhere, adopting the Saylor playbook: using debt to stack more Bitcoin.Eric Yakes, Théo Mogenet and GégéLMSR break down how the suits are leveraging fiat and Bitcoin to pump their penny stocks, what this means for Bitcoin, and much more.(00:00) Intro(02:43) How is it possible to take on so much debt to buy Bitcoin?(11:44) Is the bubble going to burst?(23:23) Is Saylor buying real Bitcoin?(34:34) Is Bitcoin repeating gold’s mistake?(43:08) Have the suits hijacked Bitcoin’s narrative?(49:00) Can ETF custodians go bust?(51:28) Could governments pull off another 6102-style seizure?(53:14) Can you achieve freedom without self-custody?(57:59) Why should you actually spend your Bitcoin?
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