The Mining Disrupt News Surge for Monday, July 15, 2024 opened on what the host called a hot week, both in the weather and in the news. Anyone who had not heard what happened on Saturday afternoon, the attempt on Donald Trump's life, must have been camping and disconnected from the world, he said. On that day, Bitcoin traded at $62,478. On October 26, 2026 it was $80,064.
The numbers came first. The host rounded the price to about 60,000 dollars, or roughly 1,600 sats for a dollar. Public nodes stood at 11,425, which he called a significant drop from the 19,000 or so of a week or two earlier. Blocks averaged 9 minutes and 48 seconds, and the anytime fee of two sats per vbyte was still low enough, he said, to move coins around or consolidate UTXOs.
A Host Who Does Not Vote
Before going further, the host wanted to be exceptionally clear about where he stood. Even though the show had just put up the image of Trump raising his fist after being shot, and was about to play a clip of President Biden, he said he does not vote. He mentioned a line usually credited to Mark Twain, that if voting mattered they would not let us do it, while admitting he had no idea if that is accurate. Two or three years earlier, he said, he had decided he was not playing the political game anymore.
The Biden clip was about prices. In it, the president said a new economic report showed inflation down, overall prices falling the previous month and core inflation at its lowest in three years. He said prices were falling for cars, appliances and airfares, and that grocery prices had fallen since the start of the year.
we're going to keep working to take down corporate greed to bring those prices down further
· 2:22
The host's answer was a question for viewers. Do prices feel lower to you, he asked, when eggs at the grocery store cost twice what they did a couple of years ago? Do you look at that and agree that prices are so much lower, he asked, and that corporate greed is to blame for the rest? His sarcasm made the answer clear.
Four States and a National Platform
The main story of the week built on news from a couple of weeks earlier, when Dennis Porter had reported Louisiana's move on Bitcoin. Now Porter posted that the Republican National Committee's pro Bitcoin platform had been influenced by Bitcoin Rights bills passed into law in Oklahoma, Louisiana, Montana and Arkansas.
The host said this showed that Porter's work was having a much bigger impact than any single state's law might suggest. One state passes a bill, he explained, and lawmakers in other states talk to each other and hear from constituents who want the same thing. Then someone shows up at their door to explain it, they get on board, and soon there are four states. He allowed that he might not have the order of the states exactly right, but said the pattern was what mattered. That, he noted, is one state away from 10 percent of the country.
From there, he said, a national party starts paying attention. He pointed to the idea that Millennials and younger voters are more interested in crypto and Bitcoin than in stocks and bonds, perhaps because they can wrap their heads around one and not the other. If that is where the votes are, the question for a party becomes how to go pro Bitcoin, and the answer is to talk to the states that already have. First the states, then the committee, and then maybe the whole country.
A Senate Report and a National Security Angle
On the same theme, the show went back to July 9, when Jason Lowery posted nothing but a pair of eyes, a bow and a winky face, along with a link. It led to a Cointelegraph story reporting that the US Senate had recommended blockchain for national security tests. The host left the link to speak for itself, alongside a week of Bitcoin showing up in national policy conversations.
One Billion Dollars Per Coin
The show closed with what the host called the most outlandish bullish item of the week, one he hesitated to show at all. It was a projection from Fidelity suggesting Bitcoin could reach 1 billion dollars per coin around the year 2038. He said he was not sure such a world would be a good thing, and left viewers to judge for themselves.
He was candid about his own limits. He does not make price predictions, he said, has no models and does not follow the macro picture closely enough to build a trajectory from inflation, interest rates and CPI. Instead, he pays attention to people whose job is to do exactly that, whether it is a report from Fidelity or comments from people like Adam Back and Samson Mow who are deep in the system.
What he did know, he said, was that he has no idea where the price will be from day to day, month to month or year to year, but that Bitcoin is one of the most interesting places to be paying attention right now.
The conversation continues at Mining Disrupt 2027, March 22 to 24 in Irving, Texas.