The Cantillon Effect, named after 18th-century economist Richard Cantillon, explains that when new money enters an economy, it doesn't reach everyone equally or at the same time. Those who get access first—typically asset owners, corporations, and financial institutions—benefit most, while those who receive it last, such as ordinary workers, often lose purchasing power. This explains why asset owners keep getting richer while ordinary workers feel like they're running harder just to stay in place, even when productivity increases. The effect is particularly relevant in modern economies where new money enters through central banks and financial systems, creating systemic advantages for those closest to the money printer.
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Bitcoin, AI, Ferrari & UFOs?! Today’s Wildest Market Stories ExplainedAdded:
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Heat. Heat. N.
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Although it's not the last time I want to work for you tonight.
Although it's not the last time back to Roxom TV. I'm your host Jeremy and today is one of those days where the headlines feel absolutely uh absurd and very surreal because in the next hour we are going from macroeconomics to AI to politics to Ferraris and also to UFOs and somehow it all matters. So if you care about Bitcoin, if you care about markets, tech, privacy, and where the world is heading next, you will want to stay with us for this one because we do have a pack show. Let's start with Bitcoin first. Today we are diving into one of the most important ideas in modern economics that most people have never even heard of the canon effect.
And once you understand it, you may never look at inflation the same way like before. Like why does it feel like asset owners keep getting richer while ordinary workers feel like they are running harder just to stay in the same place? Why do stocks and real estate or maybe scarce assets keep exploding while wages struggle to keep up? And this bit is Bitcoin actually the ask hatch for from a system designed to reward those closest to the money printer. We will break that all down in depth. Then staying in Bitcoin, we also have Michael Sailors. Michael Strategy made a major move but surprisingly they did not buy more Bitcoin this time. Instead what they do is that they use $1.5 billion to clean up the balance sheet. Meanwhile, a new challenger is rising. So Strive SATA is accelerating this Bitcoin accumulation machine using yield products, daily dividends, and very aggressive capital engineering. So the real question now is no longer who owns the most Bitcoin. It's who can build the most powerful machine to keep buying more. Because if these treasury companies keep absorbing supply, then that Bitcoin supply squeeze becomes very real. Then in crypto there are some very sad news. The industry lost one of his brightest young builders. Nathan being the founder and CEO of Onondo Finance has passed away unexpectedly at just the age of 32 years old. A huge loss for crypto, a huge loss for tokenized finance. We'll reflect on its legacy and what this means for Ono Finance moving forward. Then let's move to geopolitics and tech because the AI war is getting more intense. According to reports, China is restricting overseas travel for top AI engineers, not military officers, not defense scientists, but AI workers.
That tells you everything about where this is heading. The AI boom is no longer just a business story. It is very much a geopolitical arm race. So it's about chips, it's about talent, it's about infrastructure and now apparently freedom of movement. Then a fascinating market story. So Taiwan has officially overtaken India to become the world's fifth largest stock market. And the reason is ultimately because of one company being TSMC. The AI chip boom is reshaping the financial map in real time. And this is a story about semicondu semiconductors, but it's really a story about where global money thinks the future is going. Then in the privacy world, this one is honestly very disturbing. So your car, your EV might know more about you than your phone.
Where you sleep, how hard you break, your daily routines, even potentially deeply personal behavior t patterns. And now Apple might be bringing cameras to your airport. Yes, like airport with AI powered cameras for some reason. We'll ask a much bigger question like are we slowly building a surveillance economy disguised as convenience? Then if we stay in auto, so uh being the car, Ferrari has officially launched his first EV car. invest electric uh uh uh Ferrari and investors absolutely hated it. Like the stock dropped because apparently not everyone wants a silent Ferrari. We'll break down whether luxury EVs can actually preserve iconic brands or if this is like brand dilusion in real time. And yes, we need to talk about the weirdest story of the day because the internet has gone full rabbit hole. Claims are spreading online about CIA alien DNA tracking tracking consumer DNA database to look for Nardic, the alien human hybrid. And now there is a viral clip making the rounds showing something truly bizarre. So here we have a clip. So uh a fa volcanic eruption in the Philippines. A meteor meteorike object appears to crash nearby and some viewers can claim a uh some people's claim a flying object seem to emerge from it. Now obviously we need to be very clear here. There is zero evidence that this is extraterrestrial.
Could be like facial distortion. Uh could be complete internet nonsense. But the footage is going viral. Like we will look at why people are obsessed with these stories right now. Especially as new Pentagon UFO. We cover that on Roxom TV as well. the disclosures like keep feeding speculation because like whether it's real or internet fantasy, it says something fascinating about public trust. So yes, like today's show is a little bit of everything. We have Bitcoin supply squeeze, privacy surveillance, and possibly UFO madness.
Of course, only on Roxom TV. Make sure you hit the like button, drop your thoughts in the chat, and let's get started with the first news we have to talk about. And we are going straight to the privacy story, the survealian story because it's affecting our lives like you and me on a daily life. So like your car right now might know more about you than you think, maybe more than your phone. And now your eBox might start watching you as well. Because think about it, your car, your EV knows where you sleep, know where you work, where you go every weekend, how fast you drive, how hard you break, whether you wear your seat belt or not. Some cars even track your face, your eye movement, your body weight. So yes, like data that may refute very personal behavior about you and as much of that as much of that information might be leaving your car while you drive. So this is not science fiction. This is happening right now.
And uh there is a bigger question we have to ask if our cars are watching us is our home next because what happened here is that Apple might be heading in that exact direction like but first actually stick with the car what's going on with the EV right now. So uh this is there's this report. So back in 2023, U Masilla looked at 25 major car brands and the results are quite brutal. Every single one failed Masilla's privacy standards. Like we are talking about every single one. Masilla even called cars the worst product category that they could ever refuse. So that is saying a lot. Let's take a look at this clip right now.
Mosilla Foundation, makers of the Firefox browser, call cars a privacy nightmare. They say they're the least secure devices you can buy. A powerful statement given the tech industry's reputation these days.
>> You know, the data collection potential is only growing and car companies have gotten away with this for so long. So, you know, is the toothpaste out of the tube? Can we put any of this back in or is this just the life that we live now?
And our cars aren't aren't a means of independence and privacy anymore.
They're a place that we can be spied and surveiled and coerced.
>> Every one of the 25 brands the group reviewed got a privacy not included rating, making the category as a whole the worst the group has ever evaluated.
Nissan's privacy policy is probably the most mind-boggling, creepy, scary, sad, messed up privacy policy we have ever read, the group said in 2023.
And we here at Privacy Not Included read a lot of privacy policies.
And yet overall, Nissan still fared better than Tesla. Making money off information about you, aka data monetization, has been hyped as a big business, albeit with mixed results.
>> There's a big divide, right? Companies are focused on collecting more and more data, trying to monetize it. They're failing at it. And what consumers want is exactly the opp.
Now you might ask, how bad is it, Jimmy?
Well, I'm going to give you one real example. So, a driver requested his personal data from Lexus Nessos Ness, one of America's biggest data brokers.
And what came back? It was 130 pages, detailed records of every single trip he and his wife took over six months. rude driving habits, patterns, movements, then his insurance premium jumped 21%.
And when he asked why, he was reportedly told driving data played a row. And that is wild. Like imagine buying a car and that car quietly built a profile that makes life more expensive for you. So how legal is this? Well, simple answer is that like the privacy policy nobody reads. According to Moila, 19 out of 25 car brands said they might sell your data. That means automakers, that means data brokers and insurance companies can legally trade information about your life. And most people have no idea about it. And that's the scary part. Not hacking, not leaks, just normal business, business as usual. And it's about to go even further because now new safety systems are coming. So there are infrared cameras, biometrics, sensors, driver monitoring systems, and the official reason that they're giving out is of course for safety like just to detect any drunk drivers on the road, prevent accidents. Like it sounds really good, but now ask the next question like what happens to the data? Because now we're talking about behavior data, potentially health related data, biometric information and there are still very clear like very few clear rules around how that gets used and we already know like uh our phones track us. So whether you search on Google or uh downloading apps or shopping or location like the battle is already happening but your car it feels different because your car is real life whether it's your family trips uh school drop offs doctor visits personal routines that's deeply intimate information and when that gets monetized privacy becomes a business model and not just TV we're talking about. I was teasing it a little bit in the beginning. So Apple like Apple is entering the very same area. Uh we are debating like surveillance in our cars but Apple might be bring a version of that directly into our homes. So according to Bloomberg Apple's next airports might come with built-in camera. So this is actually not for taking photos or uh for uh maybe like POV angles like smart glasses do or matter glasses do. Like these cameras they are for AI. The idea is is like these camera cameras feed visual information directly into Siri. So the Siri doesn't just hear you, it sees what you see. So uh point your earbox at the fridge and ask what to cook or maybe when you walk in the room and ask what you looking at and these camera would feed into Siri. hands the AI so the AIS would get the footage where you are and respond to you like a actual assistant at least that's sufficient like a privacy a privacy light will reportedly turn on like whenever official data is active that's what they claim Apple says there will be signals but still let's be honest that is still an other camera entering your home entering your live.
So the bigger question uh um we are quite concerned here is that first we have the phone and then the smartwatch and then now Eevee next like in the near future we're going to have cameras on the ebox. What happens was when surveillance becomes so convenient like because that's how it usually arrives like not as something scary but portrayed as something useful as frictionless let AI do the work cuz like all you have to do at home is to wear this ears and then the camera would uh capture the footage capture the videos of your fridge and suggest a recipe you could cook like it sounds like They're very assisting. They're very friendly.
And then slowly your homes become sensor networks as well. Like this isn't about Apple specifically. Like it's a much bigger trend. Like the AI era wants data. And the closer the devices to your daily life, the more valuable the data becomes. And it's not just me. Like if we scroll down to the comments, the reaction towards this like Apple's earbugs here like uh translation basically more surveillance to spy on you and in your own homes. And then there's another one that I uh really like. So literally no one asked for it but like Apple still build it anyway. So uh it seems to be a trend like from all the tech companies because they do need more data to feed into AI. So the final question we are asking here can we stop this like I honestly I don't know but like regulation needs to take the first step like we need to have a a cap for for control like mass cap like how much can uh AI do for us how much data can AI companies or tech companies get our data we need to set the rules and of course we'll be keep watching this very closely though ironically speaking it might already be watching us first. All right.
So let me know if you guys what you think of these earbugs or is inevitable that is like the maybe just a trend we have to enter in the next phase.
All right. So let's hop on to the second story of the day. So we have to talk about Taiwan. So Taiwan just overtook India in the stock market rankings and the AI seems to be the reason. This is a fascinating story because on paper India should be so much bigger, so much more valuable. But right now global money is choosing Taiwan instead and one simple answer is of course AI. So Taiwan has officially overtaken India to become the world's fifth largest stock market. So uh Taiwan right now uh Taiwan total stock market value now sit around uh $4.9 trillion as of India is around $49 uh is around like so Taiwan's $4.95 trillion and India is around $4.92 trillion. is close enough but Taiwan is now ahead and that is a ma ba major shift because India has long been seen as one of the biggest long-term growth stories in the world India has the biggest population like very fast growing economy massive consumer market so how does a much smaller economy jump ahead right turns out it's just like one company when it comes to Taiwan so being TSN MC of course. So Taiwan semiconductor manufacturing company.
This is basically the factory behind the AI boom. So if Nvidia designs the brains designed chips, TSMC were built for them. And right now everyone wants AI chips like data centers need them. Cloud companies need them and AI startup of course need them as well. Big tech is spending billions chasing them. that money is flowing directly into semiconductor stocks and Taiwan sits right at the center of this. So we follow the money like this is where global capital is going. Investors are asking like where is the AI infrastructure? Where are the chip makers? Who powers the next generation of competing? And the answer keeps pointing towards Taiwan. So here we have another graph, another charts here. So Taiwan being the green light at the top as you can see strong growth and this is only year to date literally just like 2026 year to date and that has pushed Taiwanese stocks sharply higher this year not because Taiwan suddenly became a bigger economy but because it became one of the most important AI supply chains hubs in the world and if we take a look at India like what about India for India like the story looks very different. So, Indian stocks have struggled.
Earnings growth has slowed. Foreign investors have been pulling money out.
And importantly, India doesn't have the same AI hardware exposure. India has strong software talent. We know we know that for sure like services, digital business. But this current market cycle, this cycle is being driven by physical AI infrastructure. So we're talking about AI chips, servers, power, data centers. That's why that's where the exact excitement is. And India is less exposed to that like that part of the business. And here's the craziest part like Taiwan's entire economy is still way smaller than India's. India's GT GDP is about $4 trillion while Taiwan is under $1 trillion. So the stock market isn't reflecting economic size. What it does is that is reflecting strategic importance. That tells you something huge about this market. And this is a major lesson uh for investors as well.
Stock markets are not always about GDP.
They are about where the future profits are expected to come from. Right now AI is the dominant story and Taiwan owns one of the most important checkpoints in that story which is the semiconductor supply and if AI demand keeps exploding Taiwan would keep winning in this day and age but of course there's still risk because concentration cuts both ways if AI spending slows if chip chip demand weakens And we are talking about Taiwan at the end of the day. So if geopolitical tensions with China arise, Taiwan becomes very vulnerable very very quickly because so much of that valuation depends on one giant global theme. But the final take though like Taiwan overtaking India is not just a marketing ranking story is actually a signal. Global capital is chasing infrastructure. Not just economic growth, not just population size, but the AI boom is reshaping the global financial map in real time. And right now, Taiwan is one of the biggest winners. Let me know if any of the viewers or any of the Taiwanese stocks uh being TSMC uh the the biggest winner right now. But uh anyways, we are taking a short break from now. When we come back we are diving into more AI story and this time we focus on China because China might be controlling its AI talent from ever leaving the country. So that is interesting like uh about like uh freedom of the AI talents as well. So do stay with us after the break we're going to give you more information.
Heat. Heat.
This is Alex. Alex spends most of his time thinking like a trader, still deciding what to do with his Bitcoin.
While Alex waits for the perfect entry, this is Laura. She's watching the S&P drop. Everyone is suddenly a macro expert.
She doesn't panic.
This is Tom. No screens, no noise, no stress. While Tom focuses on his swing, his Bitcoin focuses on compounding because Bitcoiners don't want more dollars.
They want more Bitcoin.
>> I want more Bitcoin.
>> The best move is letting your Bitcoin work while you plan the next one. Grow by Roxom. One currency, one place.
Welcome back to Roxom TV and thanks for sticking around with us after the break.
We're now looking at some latest AI story developing in China. So, China might now be controlling its AI talent like uh national security assets. And this is a very important story because the AI race is no longer just about uh who has the best chatboard or who has the best chips. Right now it might be about controlling the people building the technology. China is tightening restrictions on overseas travel for top AI workers and that tells you something big. Beijing now sees AI talents as a strategic and national asset. So according to rotors like some AI professionals working at uh major Chinese firms including companies like Alibaba and Deepseek may now need government approval before traveling overseas. So if we let that sink in, they are not military officers. They are not defense scientists. We are talking about AI engineers. And that is a major shift because it suggests China now sees a founded AI talent as something too important to move freely. So timing wise is interesting like because the AI race between the US and China is just getting more intense. The US has already tried to slow China down where there is export controls, restrictions on Found's Nvidia AI chips, limits on AI infrastructure assets. But despite all of that, China has still been moving very fast and that has surprised a lot of people. One classic example I would give is of course deepseek because suddenly people started asking like wait is China catching up faster than expected even with sanctions even with limited chip access that create real concern in Silicon Valley and likely real concern in Washington as well. And as for the talent league, like if we flip that around, if China believes its AI engineers are becoming globally valuable, the next fear becomes, what if these talent leave China? What if competitors recruit them? What if sensitive research leaks out? And that's likely what Beijing is worried about because talent is just as important as hardware, maybe even more if you ask me.
And this is what makes the story even bigger. Like those restriction reports uh reportedly are not just for state research labs. They might also affect private tech companies and that matters because it it means Beijing no longer sees AI as just some commercial business. It sees as a national infrastructure, some strategic technology almost like chips or maybe even defense systems. And that is a huge mindset shift. And this is a clear clearest sign yet that AI is becoming a geopolitical arms race because think about it. The US restrict chips. China restricts talent movement. Both sides are trying to protect strategic advantages. This starts to look less like tech competition and more like cold war behavior. Except this time the battleground is AI and we know that whoever leads AI could shape the next decade of global power and that's why it matters and that's why we are adding an AI segment every single day on our TV show as well.
So now here we do want to shift to another interesting story we cannot ignore for the day. Uh I'm talking about Ferrari because Ferrari just launches first EV electric car and investors hit the sell button. Uh if we take a look at the stock price of Ferrari, it literally fell off the cliff and we are looking at the pi past 5 days performance. So um let's talk about Ferrari because Ferrari has officially just entered the EV sector and the market's first reaction is like um is not like hatred but definitely not applause like we could tell from the stock it dropped like 6%.
And that's pretty sharp move for a luxury giant like Ferrari.
So what happened is that uh here we have a clip of what it looks like for the EV.
Uh this is called the Ferrari loose. LSE means light in Italian. And this is a historic moment because this is not just another Ferrari. This is a list of first. So, the first vuly electric Ferrari, the first Ferrari with four four doors, the first Ferrari with five seats, and maybe most shocking, the first Ferrari that doesn't wake the neighbor with that iconic engine roar.
And that alone trigger some Ferrari purist. Now, on paper, like this thing is serious. So, four electric motors over 1,000 horsepower, zero to 100 kilometers kilometers, so km per hour in just 2.5 seconds. More than 500 kilometers of range. And the starting price like is actually €550,000.
That's roughly $640,000.
So, yes, that is still very much Ferrari. So why did the stock stock stock drop so much? Analysts point towards to uh point out to three reasons why it did. So first is the brand identity. So we are talking about Ferrari at the end of the day. Like Ferrari isn't just selling transportation.
Ferrari what it does is that it sell emotion, it sell sound, it sell drama.
that engine screen is part of the product. Like take that away and some investors worry you might dilute the brand and because let's be honest half these Ferrari experiences hearing it before you even see it like electric cars EV changes all of that like of course people are not going to like it.
Second is when it comes to the cost. So building EV platforms is expensive.
There will be new batteries, there will be new engineering, new software and Ferrari has some of the best margins in the car industry. Investors might be asking right now like will EV deployment uh EV development eat into those profits and that is a fair concern. That reason is actually timing. So it's a very classic buy the rumor has sell the news event the stock has already rally ahead of the launch and big expectation big hype then the when the event actually happened traders would likely take profit. So like uh this is a very classic scenario and it happens all the time but the internet had a fourth reason and honestly speaking this might be the most emotional one. Some people think EV is simply not sexy. Like because when you picture Ferrari, so this is a a meme that I found on the internet. It basically summarized the whole thing why people are so upset and so frustrated by Ferrari EV. So on the top you have the classic Ferrari like a classic red color red machine. It is really loud. It's very sexy, aggressive, flashy. This is a symbol of success when you own a classic Ferrari. That is the emotional image is so powerful. And if we take a look at the EV Ferrari at the bottom. So this guy explained everything like this is a really good meme picture that summarized the whole thing. So for some fans, it just doesn't hit the same.
And I kind of understand even though I'm not a not a guy and Ferrari knows this for sure. like Ferrari CEO has already addressed this. So he basically said nobody will force to uh will be forced to buy the EV to stay in Ferrari's good books. That matters because Ferrari has a very exclusive system. If you want access to the very rare hypercars, you usually need to already own the other Ferraris first. So it's like a VIP ladder. But Ferrari says the EV won't be mandatory. So that tells you even Ferrari know some buyers might resist.
But the bigger shift here is that Ferrari has quietly scaled back on the whole EV ambition.
Fully electric cars are now expected to make up only 20% of the lineup by 2030.
That used to be 40. So that is a major car. And that tells you demand might not be as clear as expected. But here's my question. Like even for the EV, who exactly is this for? Because the argument is this. Like maybe younger buyers will love it, but like maybe a new generation wants electric luxury.
Like okay, that is a fair argument, but like think about it. How many young people can actually afford a $640,000 Ferrari? That's not exactly Gen C budget shopping. So, Ferrari is trying to balance two worlds. Like on one hand, there's like a feature technology without losing the soul of the brand.
That's not easy because if you move too fast, you alienated your uh you alienate your loyal fans. And if you move too slow, you risk looking outdated.
So, let me know your thoughts about this EV Ferrari. Uh, does it feel like Ferrari or as long as E as as is EV, you're going to like it because like the uh gas price is so high right now? Let me know in the comment section below and we can start a discussion.
All right, so u moving on to another really weird story we have to cover and this story it goes deeper into internet rabbit hole territory.
So here we have uh a new claim going viral and it's the CIA might be secretly using consumer DNA database. So yes, like we're talking about things like 23 and me or ancestry DNA to search for possible alien human hybrids. So like for those of you uh uh just to understand what it means like uh there are four types of possible aliens released by the uh US government. So uh here is what they might look like and the alien human hybrid is of course like this one. Uh that sounds very completely insane I know but let's break it down where this story is coming from. So what happened is that uh there is some claim coming from author and philosopher so Jason Jen Jeni and he recently appeared on the American Academy podcast. So during the interview he reported stories linked to uh Lin Buchanan a former US army intelligence figure who has involved in so-cal remote viewing programs basically military experiments where people claim they could gather intelligence using psychic abilities and according to the story the CIA is supposedly interested in identifying a race of uh of being called Nordics. So, uh here are the Nordics. Where's the picture? Here's the Nordics. So, these beings are likely look almost like human. Uh they're very tall. Uh blonde hair, blue eyes, and the theory that they might have lived among humans for generations. Again, like this is internet UFO myth like not confirmed science, not verify intelligence, just to be crystal clear. So, we have to do a regality check. There is zero uh public evidence that the CIA is accessing DNA companies to search for alien hybrids.
Uh there's no proof, no official confirmation and companies like 23 and me and Ancestry have not confirmed anything like that. So, right now this is a claim not a verified fact and that distinction matters quite a lot. So uh why is this story spreading though? That is the next question that I want to ask.
Well, the timing wise is interesting because this comes as UFO interest is heating up again. So the Pentagon has released more uh declassified material.
So being the military footage, reports of very strange metallic spheres, unknown objects near sensitive military areas. And that part is real. Like there are actual military reports of unexplained aerial objects. But unexplained doesn't automatically mean aliens. That's where people often make a huge leap. Then comes the whistleblowers. Like this is where things get even stranger. So some former uh some former Pentagon linked figures have discussed theories about multiple large nonhumans uh species. So including let's go back to picture. So all these aliens so uh some grays uh insect like beings and so-cal Nordics. Uh but again like none of that has been officially verified, no public proof, no confirmed bio biological evidence, no government confirmation of alien species. Like this is where you need to separate facts from speculation. Like there are facts. So the fact number one is that the military has recorded objects it cannot easily explain. Fact number two is that governments have uh declassify some UFO related files. But when it come to speculation like speculation number one is like alien DNA tracking program. So if we go back to this news like CIA is using some information or they're tracking Nordic hybrids or specifically using uh the DNA databases from 23 and me that is a very different category because let's be honest intelligent agencies absolutely have a long history of misinformation campaigns like psychological operations or cold war deception. So that was like pretty common in human history. So when wild stories appear, you always have to ask, is this disclosure or it's just more like a distraction? Because right now we have a mix of real military UFO reports, we have former insider claims, internet myth, and a lot of speculation. So speculation like this. So, uh, if you go to, uh, X or Reddit, it's just another rabbit hole, uh, about this like, um, basically this conspiracy theory. So, um, there's some whistleblowers, uh, here. So, New York Post, uh, put that on egg. So, like CIA use data set, uh, just for search for some aliens. And here we have an other uh basically uh influencer talking about this like what if the co vac vaccine was an anti-alien hybrid targeting system and the swapping was to collect DNA to find out who was actually part alien. I'm not going to comment on that whether I do think it's true or not. Uh but like if you go on eggs and type stuff like that, you're gonna see a lot of speculation. Uh though this has not been scientifically confirmed yet.
So it's not verified truth. But until like actual evidence appear, this remains one of the internet strangers rabbit hoes. Still, you have to admit like it makes one hell of a story for sure. And that's certainly an interesting one to cover on Roxom TV.
But anyways, after so much speculation, after so much conspiracy theories, let's take a short break. And when we come back, we are diving into the Bitcoin world and also into the crypto world.
This weekend is interesting because Michael Sailor did not buy Bitcoin this time. But however, I do think is still a bullish time ahead. So do stay with us after the break. We're going to give you more information.
Heat.
Heat.
This is Alex. Alex spends most of his time thinking like a trader, still deciding what to do with his Bitcoin.
While Alex waits for the perfect entry, this is Laura. She's watching the S&P drop. Everyone is suddenly a macro expert.
She doesn't panic.
This is Tom. No screens, no noise, no stress. While Tom focuses on his swing, his Bitcoin focuses on compounding because Bitcoiners don't want more dollars.
They want more Bitcoin.
>> I want more Bitcoin.
>> The best move is letting your Bitcoin work while you plan the next one. Grow by Roxom. One currency, one place.
Welcome back to Roxom TV and thanks for sticking around with us after the break.
We now have a sad story from the crypto world today. So, uh the crypto industry has lost one of his brightest young builders. So, Nathan Olman, the founder and CEO of Ono Finance, has passed away unexpectedly at just 32 years old. This news has sent shock waves across both crypto and tread 5 because Nathan wasn't just another founder. He was one of the key people helping bring Wall Street onto blockchain. So what happened is that we have the official statement, public statement from the on finance team. The company said it was devastated by Nathan's sudden passing. They describe him as brilliant, humble, and deeply driven. As of now, no official cause of death has been publicly shared.
And honestly, 32 years old is incredibly young. So, a real tragedy. So, just to um basically give you quick context for viewers who might not know him, Nathan was one of one of the major names in LWA or real world asset tokenization space.
Before founding on he worked at Goldman Sachs in digital asset very strong treadfi background then in 2021 he made the jump into crypto and built on finance and then he moved really fast and on right now has become one of the biggest largest products trying to connect tre with blockchain. The idea here here is simple which is to take five products like US treasuries like money market products effectually even stocks and bring them onchain make them programmable and faster and more accessible. So there are products like USDY which is a yieldbearing tokenized dollars or U uh OSG which is a tokenized US treasury exposure exposure and most recently big pushes into tokenized stocks market onto became one of the most serious names in the entire LBA narrative and Nathan was a huge reason why. And if we zoom out, LWA is one of the biggest themes in crypto right now because for years crypto focus mostly on native digital assets. So whether is Ethereum or alcoins or some would classify Bitcoin as crypto but now the conversation is shifting toward bringing trillions of dollars of uh trees. So traditional assets onto blockchain rail.
So rather is uh treasuries or bonds or stocks that bridge between like old finance and in finance. Nathan here he actually helped that a lot. So question a lot of people are wondering especially ono fe uh investors of so the company said leadership transition is already in place. So Ian who was already serving as president will now become the CEO. Ono said he has already been deeply involved in operation in product strategy and execution for more than two years. So from a business continuity uh perspective the company has said operations will continue but emotionally losing a founder like this it is huge.
So Nathan Alman was part of a generation of builders trying to reshape financial infrastructure from Goldman Sachs to crypto founder to helping push tokenized finance into mainstream. That is a meaningful legacy for someone only 32 years old. And this is bigger than market is simply a moment to recognize someone who helped move this industry forward. and our thoughts are with his family, friends and also with the ono team.
All right, so moving on to the next story of today, we have to talk about uh Michael Sailor. So Michael Sailor this time he did not buy Bitcoin and uh that might actually be more important. So over the weekend, Michael Sailor dropped one of his usual cryptic uh cryptic tweets. He posted like this week we bought bonds not Bitcoin. So very classic Michael Sailor like everyone immediately started asking wait like why isn't Michael Sailor buying any Bitcoin?
Is Michael strategy slowing down? Has the biggest Bitcoin buyer in the world finally hit pause? Well, today we got answer and actually this might be a bullish move. So, what just happened is that Micro Strategy confirmed it completed a massive $1.5 billion debt repurchase program. What does that mean in simple wording? So, instead of using capital to buy more Bitcoin this week, the company used that money to buy back comfortable debt. Basically cleaning up part of this balance sheet. So uh reduce financial obligations, strengthen the company before the next move and importantly they did not sell any Bitcoin, not even a single coin. Michael Sailor or uh Micro Strategy rather still own a massive 843,000 BTC. That's still by far the largest corporate Bitcoin treasury on earth. And uh if we take a look at the metrics that they giving out, it is uh suggest something very interesting strategy also reported something called the Bitcoin yield here.
And if we take a look uh year to date is 13.3%.
Now what is this right like this is uh one of Micro Strategies favorite internal metrics. What it does is that it measure how much Bitcoin ownership grows relative to total shares outstanding. In more simple version is that are shareholders getting more Bitcoin exposure over time. So like so far this year the answer is obviously yes. A lot of people think Micro Strategy just like blindly buy Bitcoin but that is not entirely true. like this is a financial engineering and it's more about balance sheet management. Michael Sailor is building a machine. Sometimes that machine is buy by Bitcoin.
Sometimes it strengthens itself so it can buy more on a later stage and that's what this looks like the Bitcoin fing is still charging exactly like Michael Sailor said. But speaking of which about this like bitcoin financial product yield bearing product that is an other competitor entering the field uh micro strategy is no longer alone. So another bitcoin treasury company is moving aggressively so being stripe. So stripe asset management sata we talk about that extensively. There was a a deeper breakdown in one of our episodes. So, make sure to watch that if you're interested. So, SATA, they're moving very fast. This morning, Stripe announced it bought another one. So, basically, uh, $1,100 BTC worth around $85 million.
Average purchase price is just under $77,000 per Bitcoin. That now brings the total stash to 16,500 BTC. Still fairly tiny compared to micro strategy, but the strategy that you they are using is what matters. So Stripe what they're doing is like copying the playbook but faster. So uh Strive is Bitcoin yield. So if we take a look at the Bitcoin yield is even more insane.
It's 23.4% year to date. If we compare that to micro strategy, so uh BTC yield is only 13.3%. I don't know why I used the word only, but like still very insane, but like SATA in other words speaking is even more insane. So they also mentioned something called an amplification ratio of uh 45.2%.
This sounds very complicated but bear with me. The simple version what it means is that they are using capital markets tools to increase Bitcoin exposure faster than just buying spot Bitcoin normally. So it's the exact same game just different version and more aggressive compared to Michael Sailor.
And here's where the real innovation. So because you be asking like Jimmy like Strive is just a copycat of Michael Sailor. Uh well that is a little bit innovation a little bit not going to lie. So all right so both strategy and stripe are now building products aimed at traditional income investors. What it means is that people who normally stick to very safe investment uh some fixed income generation uh dividend products they might just buy bonds not necessarily bitcoin. So, Michael strategy of course they have STLC uh Strive they have SATA and starting on 16th of June Strive SATA will become the first US listed security ever to pay daily cash dividends. So not monthly, not quarterly but daily. And this is a I would say a smart pitch because traditional investors love predictable cash flow. Now Bitcoin treasury companies are packaging Bitcoin ratio in a format uh in a uh format uh trackfi understands. So the bigger picture here is this is an evolution we are witnessing like it's an evolution of Bitcoin corporate game. Like the story used to be who buys the most Bitcoin.
Now the real question is who builds the most powerful capital machine? Because if you can attract cheap capital, you can keep buying more Bitcoin again and again. That creates a supply squeeze because these companies they are not trading Bitcoin. They are accumulating it. They are locking it away and reducing available supply while demand keeps growing. And that's the game and that's when the supply squeeze gets really interesting. So short-term wise as we were looking at TA uh like there is still some volatility for sure maybe in the coming months but long-term wise you know I'm an ultimate Bitcoin bull forever.
All right. So like uh before we end the segment, there is some conceptual uh theory that I feel like we have to get that clear uh just so we can understand the macroeconomy a little bit better because like there is this very common commonly asked questions like why does it feel like the rich keeps getting richer and even when everyone else is working so hard? Like think about it.
Maybe you work two jobs or three jobs uh uh right now just to pull make end needs but like you're not feeling any richer.
So that's talking about this concept that nobody learns in school but once you understand it like the whole economy starts to make a lot more sense. So this concept we have to talk about is the cantalon effect. It may explain why so many people feel like they are running faster but somehow getting nowhere. So what is this effect? So Cantalon effect.
So this idea comes from a uh economist named Richard Canton Cantalon all the way back in the 1700s. And his observations are quite simple like when new money enters the economy it does not reach everyone equally and it definitely does not arrive at the same time. The people who get access first they will get the benefit the most. The people who get last uh get the liquidity last usually they are the loser in the market and that is the whole idea very simple but incredibly powerful and incredibly important to understand. Now how does this work in the modern days right? So in modern system new money usually enters through central banks. So we're talking about like maybe uh Federal Reserve the banking system large financial institutions that means fresh liquidity doesn't land in your wallet first where it goes first is they would enter big banks they will enter corporations government spending financial markets asset owners and what happens next is that stocks would go up real estate would go up and asset price move first then Later, consumer prices rise, food gets more expensive, rent goes up, insurance costs more, and wages those usually move less. Often after your purchasing power has already dropped and that's why people view poorer even if the salary technical technically rises a little bit. So that's why people view stuck. This actually explained a lot of modern frustration because over the past decades productivity has gone way up like technology improved, efficiency improved, uh workers became more productive but real wage growth it was much weaker like the productivity gains were real the wage gains were almost like an illusion. So what changed? Why is like the daily basically uh daily citizens of the United States feel the life is so much more difficult compared to before like they are working harder but not necessarily richer. So this again points back to 1971.
That's when the president ended the dollar's length to gold. That was a huge turning point because after that money became much easier to expend. There is more debt in the system, more credit, more liquidity and with that uh it came like massive asset inflation. If you already own assets, like you'd likely benefit quite a lot. If you depended only on salaries or only on wages, it became much harder for your day-to-day lives. So this leads to very uncomfortable truth. Rich people usually get richer just by earning like they don't just like get richer just by earning salary. They get richer by owning assets. Like things that rise when money gets weaker because if the dollar keeps losing purchasing power, owning appreciating assets becomes the winning strategy. Definitely not holding cash, not holding any fiat currencies. I would say and this is exactly why Bitcoin enters the conversation because Bitcoin is different. like there will only be 21 bitcoins would ever exist in this world. No central bank can print more. No politician can create extra supply. That makes bitcoin fundamentally scarce. And for many investors that scarcity is the point not because the system is changing but because understanding the system changes how you survive it. Now to be fair like this effect so canon event is a frame like though it's not a conspiracy theory, but it helps explain why the modern economy feel so unequal, why asset owners seem to win first, why young people struggle to buy homes, and why simple saving cash feels like it's losing power. So, uh, final summary. If you have an orange pill, your friends or your family or any anyone you care about, make sure you try your best because that's what I'm doing on a daily basis as well. We do need to spread out the word so that more people would enter Bitcoin.
All right, so uh that's pretty much mark my end of today's segment. So before you go, make sure to follow us on X. So my ex is gem crypto_io. Make sure to give me a follow. Make sure to follow Roxom TV as well because we have regular news coming out on basis. Uh we talk about like glo news, AI news and we have different guests joining uh the interview joining the channel. Uh here uh we have the wolf of Wall Street uh being one of the uh biggest voices in the space as well. So point being, there is so much fiber content that you probably do not want to miss. So make sure to give us a follow on Roxom TV and also on YouTube as well. As always, I'm live here Monday through Friday starting at 3:00 a.m. Eastern time. If you don't manage to catch my shows live, don't worry. The recorded version is also available on both channels. So being Jam Crypto YouTube channel and also Roxom TV YouTube channel. Thank you guys for watching. I hope you guys have a fantastic day and see you guys tomorrow show.
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