Episode 1122 of Bitcoin And . . . is LIVE!
- Polymarket accurately predicts the NYC mayoral primary, drawing attention from investors like Peter Thiel as blockchain-based prediction markets go mainstream.
- Tether claims its brain-computer interface firm outpaces Neuralink, sparking debate over stablecoin companies entering neurological tech.
- Arizona House approves a state-run Bitcoin reserve, funded through seized digital assets despite past gubernatorial opposition.
- MetaPlanet commits $5B to expand its U.S. Bitcoin treasury, targeting 210,000 BTC by 2027.
- The BIS attacks stablecoins in a new report, while South Korea moves forward with its own won-pegged stablecoin initiative.
Polymarket just embarrassed the pollsters. Again. The prediction market nailed the NYC mayoral primary with almost freakish accuracy. While legacy media floated weak guesses and outdated polling, people placing real money bets on Polymarket got it right. That’s not a hobby. That’s a system that works because incentives work. It’s honest signal in a world full of noise.
Now let’s get weird. Tether is backing a brain-computer interface company. Not only that, they’re claiming this thing is already ahead of Neuralink. You heard that right. The same people behind USDT now want a direct line to your neural cortex. It sounds like science fiction. It feels like a headline from a timeline we were never supposed to land in. But this is the timeline we got. And Tether is spending real money to build the future one neuron at a time.
Meanwhile, in Arizona, a bill just passed that would allow the state to hold Bitcoin. That’s not a typo. The Arizona House voted to create a public Bitcoin reserve funded in part by seized digital assets. We’re talking about government officials allocating part of their treasury to Bitcoin instead of fiat. This isn’t a soft endorsement or a sandbox pilot. This is hard capital moving into hard money. And it’s not happening in Silicon Valley or on Wall Street. It’s happening in the desert.
On the corporate side, MetaPlanet is going for the jugular. The Japanese firm just announced plans to stack five billion dollars worth of Bitcoin by 2027. Their target is 210,000 BTC. That’s a number that puts them on par with MicroStrategy and beyond. Just last month they passed Coinbase on the Bitcoin leaderboard. This latest move sends a clear signal to every legacy finance boardroom. Bitcoin is not just a hedge. It’s a strategic asset and the race is on.
While all this is unfolding, the Bank for International Settlements released yet another fear-soaked report. This time it is stablecoins under the microscope. According to the BIS, they’re dangerous, destabilizing, and a threat to the monetary system. Of course they are. The monetary system they want to protect has been eroding since 1971. But not everyone is playing defense. South Korea just greenlit the development of a won-pegged stablecoin. While the BIS writes another report, Korea builds another tool.
So here’s where we are. Prediction markets are outcompeting pollsters. Tether is diving into neural hardware. Arizona is using seized crypto to build a Bitcoin reserve. MetaPlanet is going full send on a five billion dollar stack. And the BIS is stuck in denial while Asia continues to iterate.
That’s the episode. No hopium. No distraction. Just the news you actually need.
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