Bitcoin Memorial Day Briefing

— Consumer sentiment at all-time lows — University of Michigan survey fell to 44.8, lower than COVID or 2008 financial crisis levels, signaling severe main street pain amid K-shaped recovery.

— Credit card delinquencies spiking — 90+ day delinquencies hit 13.1%, the highest in 15 years and approaching all-time records, indicating household financial stress.

— Treasury market stress and yield pressure — 10-year yields remain elevated above 5.5% as foreign buyers liquidate US assets (Turkey sold nearly all holdings in March), forcing the Fed toward yield curve control and currency debasement.

— Geopolitical supply chain disruption — Strait of Hormuz remains closed with Middle East conflict ongoing; countries implementing energy rationing; Australia running out of oil signals developed-nation crisis early stages.

— Austrian economics framework — Clarified that economic productivity (measured by profit/loss and voluntary exchange) differs from moral worth; profit signals value creation, not personal virtue.

— Bitcoin sentiment at lows — Google search trends for Bitcoin at 5-year lows; VC deal count lowest in years despite record capital deployment (concentrated in AI/SpaceX, not crypto).

— Enable automated DCA purchases — With sentiment at multi-year lows and Bitcoin down 38.7% from ATH, this is an optimal environment for dollar-cost averaging. Strike offers free DCA with zero fees and automated cold storage withdrawal to remove emotional decision-making.

— Maintain long-term conviction during drawdowns — The host emphasizes that staying humble and stacking sats through sentiment lows is psychologically difficult but historically rewarded. Set low time preference and ignore short-term price noise; the macro backdrop (currency debasement, sovereign debt crisis) remains unchanged.