Simon Dixon: The Game of Money and What Would Make Him Sell All His Bitcoin
9/28/2026 · 93 min · transcript via mlx
Tags
Key topics
— The global financial system is transitioning from a unipolar American-led order to a multipolar regional system with competing settlement rails and central bank digital currencies.
— The $40 trillion US national debt is a Ponzi scheme that will never be repaid; growth must exceed the 3.3% average cost of debt to sustain it.
— Programmable, controllable money through CBDCs in Europe and stablecoins in America represents a "global control grid" that concentrates wealth and enables social credit scoring.
— Bitcoin functions as digital resistance against this control grid by enabling self-custody, peer-to-peer spending, and a fixed monetary supply independent of central authorities.
— Housing and asset prices will continue inflating; the only path to wealth for most people is spending less than earned and investing in assets that outpace inflation.
— AI companies are raising massive debt ($800 billion+ annually) at valuations exceeding treasuries, competing directly with government bonds for capital.
Market & price signals
— Bond yields have reached 2007 levels (pre-financial crisis), signaling stress in the treasury market as foreign central banks sell US debt and demand higher rates. The Eurodollar system holds an estimated $14 trillion in untracked dollar-denominated debt created outside the Federal Reserve. China maintains a rug-pull option across multiple markets—bonds, stocks, commodities, and currencies—but has not yet deployed it. Gold is now the largest reserve asset on central banks' balance sheets by value as they diversify away from US Treasuries.
Actionable insights
— Accept that you cannot afford a house using the boomer playbook (job → education → mortgage); instead, either generate income that outpaces inflation or build and own assets that do, recognizing your skills in digital/AI work may offer better opportunity than real estate.
— Hold Bitcoin in self-custody and resist all centralization vectors: monitor BlackRock's ETF share, watch mining pool concentration, and push back against block-size increases or developer funding tied to the financial industrial complex.
— Spend less than you earn every month and invest the difference in assets (Bitcoin, commodities, stocks, or businesses) for the rest of your life; this is the only reliable path to escape debt servitude in a system engineered to extract wealth from the working majority.
Episode sponsorships
Paid placements mentioned in this episode. BTC Pods is not sponsored by or affiliated with these advertisers. Links are included so you can find offers mentioned on the show.
— Ledn just introduced their lowest rates ever; larger loans get lower rates on new loans, refinances and renewals. Your Bitcoin stays custodied and never lent out. Get 0.25% off your first loan at ledn.io/natalie.
— Bitdeer Technologies Group (NASDAQ: BTDR) powers AI and Bitcoin mining infrastructure with 3 GW of secured global energy and owns the entire stack, from equipment manufacturing to data centers to proprietary orchestration software. Learn more at bitdeer.com.
— Kalshi is the largest prediction market in the world. Get $25 when you trade $25 at kalshi.com/r/HODL.
— BitGo is the digital asset infrastructure company trusted by institutions worldwide for regulated, insured custody, trading, settlement, and liquidity. BitGo now offers that same institutional-grade, insured qualified custodian to individuals—completely free. Learn more at bitgo.com/natalie.
— BitKey is a multi-sig wallet designed so your Bitcoin stays secure and recoverable without demanding constant attention. Use code STORIES for 20% off at bitkey.world.
— The Bitcoin Way offers 1-on-1 help to master self-custody and gain peace of mind. Schedule a free call at thebitcoinway.com/natalie.
— With BitcoinIRA, invest in Bitcoin 24/7 inside a tax-advantaged IRA. Choose Traditional to defer taxes or Roth for tax-free withdrawals later. Head to bitcoinira.com/natalie for up to a $1,000 funding bonus.