Bitcoin, Gold, and the End of the Rules Based World

Show Notes

This episode blends Bitcoin market structure with a sweeping assessment of geopolitical rupture following a weekend of extraordinary global events. Matthew opens by grounding viewers in Bitcoin’s current positioning, noting that despite sharp headlines and short term volatility, price remains firmly within the same range it has occupied for months. Bitcoin continues to trade between the 40th and 50th percentile of its power curve, roughly 0.8x trend, which historically represents a neutral zone rather than a signal of stress. Even recent geopolitical shocks failed to push Bitcoin meaningfully outside this band, reinforcing its role as a neutral asset during uncertainty. Matthew then turns to Bitcoin priced in gold, where the contrast is stark. Bitcoin remains under 22 ounces of gold, below the 10th percentile on a multiple basis and nearly 70 percent discounted relative to its long term gold trend. He explains that a simple reversion to trend, even without further gold appreciation, would imply a multiple increase in Bitcoin’s dollar price. The second half of the episode widens dramatically into geopolitics. Matthew argues that the post World War II rules based order has effectively ended, citing the collapse of authoritarian regimes, shifting military power, and the growing reality that strength now dictates outcomes. From Venezuela to Ukraine to the Baltics, he draws historical parallels and stresses that the world has entered a more dangerous and less predictable phase. The episode closes with a sober conclusion. In a fractured global landscape, long term structure, discipline, and neutrality matter more than ever. Porkopolis Economics - Episode 321 Chapters: 00:00:00 - Intro 00:01:04 - Bitcoin Trends and Market Analysis 00:05:03 - Gold Multiples and Long-Term Trends Analysis 00:08:00 - Russia's Inequality Problem and Historical Parallels 00:11:15 - WWII Invasions and Modern Military Spending Parallels 00:17:03 - Russia's Four-Year Ukraine Struggle 00:20:44 - Dictatorial Regimes Collapsing, Global Order Shifting 00:26:15 - The End of the Post-1945 World Order 00:30:30 - The End of the Post-WWII World Order 00:33:48 - International Law and Global Power Dynamics 00:37:16 - Poland's Strength and Geopolitical Shifts 00:39:57 - Russia's Declining Influence in Global Politics 00:57:10 - Bitcoin and Geopolitical Insights Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/ Porkopolis Economics covers macroeconomics, money, geopolitics and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis. Data-driven. Scale matters. Smaller, decentralized states means more opportunity for liberty than larger ones. Host: Matthew Mezinskis https://porkopolis.io https://x.com/1basemoney Show content is not investment or financial advice in any way. 🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6266922845601792