ROLLUP: BTC Shatters $100K, What's Next? | The Debanking Debacle | New SEC Chairman | Biggest Airdrop... Ever?

Bank Station is the first week of December. Ladies and gentlemen, we have 100k Bitcoin. We hit it this week, David.

Wow. A hundred thousand dollars. Uh. Where were you when Bitcoin crossed a thousand dollars? Do you remember?

Where was I? Oh my god. Um, I mean, still living at my house, like with my family. I but like I don't remember the moment. Is there a moment that you you recall?

I remember my friend, my Bitcoin pilled friend, talking to me and my other friend about Bitcoin. And it was the first friend that I had that talked to me about Bitcoin, and he was just stoked that Bitcoin had crossed $1,000. And it was the the first moment I was like, okay, like maybe I should like actually meaningfully look into this.

Where's that Bitcoin friend now?

How

Uh he's an abandoned

do you

Yeah?

Is he still in the scene? He's still in crypto?

he was never like a crypto native. He was just like a Bitcoiner guy who just like was pilled about Bitcoin from a very early age.

Well, here's to hoping your friend held that Bitcoin.

And for all the way

a hundred times higher. You know what?

We gotta start with this clip. I think Eric Adams here. This is the mayor of New York City. And I think Eric Adams basically sums up how feeling. Okay. This is Eric Adams, the guy who in 2022 took his first paychecks as a mayor of New York City in Bitcoin, denominated in Bitcoin. Here's his reflections on Bitcoin hitting 100k this week.

He is standing on fr in front of a podium in front of a crowd of people, a crowd of reporters for content.

It's cool. Look at the background says investing in our children, creating career pathways for 15,000 students. Not a press conference about Bitcoin.

Here he is. Let's just play the clip. Here he goes.

We should not be afraid of Bitcoin. Remember y'all laughed at me when I first got my Bitcoin? Who's laughing now? Go look at my Bitcoin now. You all mock me. You're taking your first three paychecks in Bitcoin. What's wrong with you? Now you wish you would have done it. You know? And so I am happy.

And so I am

This is

laughing now.

this is setting the tone of everyone who's going home for Christmas in two weeks. Who's laughing now?

Your family's gonna love you, ladies and gentlemen. Just just

The shit eating grin that he has is plastered on his face the whole time.

go on, it's how we're all feeling. All right. So we gotta start there. It's time for the bankless weekly roll up. We got 100k Bitcoin. We'll talk about the timeline, David. I want to bring you through history. Yeah, that's right. All right, we're gonna start at the Bitcoin pizza and work our way up just to celebrate this momentous week. It's another all time high week, of course, at Bitcoin. Not just Bitcoin, though.

Also, stable coins catching an all-time high. Also, XRP Ripple flipping into number three slot.

Not on my um on my on my bingo card, this bull market, but yeah.

Here we are.

A lot of Solana Bulls uh disappointing because it it it took number three spot. We'll talk about that. What else we got?

Mark Andreessen appeared on Joe Rogan to talk about things that we very much know about in the crypto space, things that are not new to us at all, like the lived experience that we've had for the last two years about founders being de-banked. And it was shocking to me, and I think Mark, that like Joe Rogan had no prior knowledge of this. And as a result of this episode, it just rang around the Joe Rogan community, which is very large. And now it has become common knowledge. It went from like esoteric crypto corner conspiracy theory to common knowledge about the crit the debank of tech and crypto. And the the that's just the news that now the rest of the industry, the rest of uh the world knows about the debanking of crypto. Uh so we're gonna talk about the reflections of all of this uh news processing through the internet. Also, we now know the new name of the SEC chairman. Who is he and what can we expect from him? Hyperliquid dropped their token and it's become one of the largest airdrops ever. Uh, and then the Celsius founder, our best friend Alex Mashinsky, who agrees with us that banks are not your friend. He's got the t shirt. He got the t shirt. That's what he's what he said. Uh he has pled guilty. Uh, he needs shortly to be sentenced. So we're gonna catch up on Alex Mashinsky.

Let's talk let's talk about Bitcoin. Okay, because it's Bitcoin's week.

It's Bitcoin Week.

Hit 100k. Let's look at it on the Kraken Pro charts here. Here it is. Green candles marching all the up to 100K and past 100k. What's what was the all time high on the week?

The new Bitcoin all-time high, $103,000.

Starting the week at $94,900, up 6%, currently at $101,000. God, that one, that 100 handle is kind of crazy. Can you

Dude, like, okay, so

just violently burst through it just last night with for no reason whatsoever, other than it's time to buy Bitcoin.

Everyone was talking about 100k Bitcoin, of course, because that's the milestone. Do you know also the same day it passed 2 trillion in terms of market cap? That's another

Trillion. That's

number. 2 trillion. Think of how much like it takes to move a you know multi trillion dollar market 10% in a week. That's what Bitcoin went and did. What a crazy week this has been.

there's a pretty cool moment of uh Isaac Miller who made this kind of classic 2013 video watching like just uh camera pointing at the TV screen, the computer screen, watching Bitcoin cross $100. Uh, and he just did it again 11 years later, uh, doing the same thing to like to trying to copy himself 11 years later. Let's go watch this clip of Isaac replaying, recreating uh this moment, but now at 100,000, superimposed over his uh $100 Bitcoin crossing.

Right here, watch

Watching

history we leave

Bitcoin is up to

a hundred thousand dollars.

dollars

That's in all time high.

and it's continuing to rise.

I thought break price could be went up to a thousand and two.

And this is the highest

Look at we had

last tremor

trade two Bitcoin for a hundred thousand dollars a piece

eleven dollars

piece. That's amazing.

I mean just look at this graph. That's the last three minutes.

minutes.

Give me a second, I can switch it up.