In episode 227, McIntosh and Kenshin examine Executive Order 6102 from 1933, when FDR forced Americans to surrender their gold at $20.67 per ounce before the government revalued it to $35, creating a massive wealth transfer. They debate whether a similar Bitcoin confiscation could occur, discussing how centralized exchanges would be vulnerable while self-custodied Bitcoin presents unique enforcement challenges since it exists as cryptographic keys rather than physical asset and compare the regulatory environments between the US and Europe.
Stick around to the very end for Send It Mike's track, “Freedom Code Revolution”.
Resources
https://reason.com/2025/09/12/donald-trump-is-not-the-bitcoin-president/
Bitcoin Price at Time of Recording
Sep 24th, 2025: 113,661 USD | 96,856 euro
Block Height at Time of Recording
916,219
Episode Page
https://satoshis-plebs.com/episode-227
Music Credits
Freedom Code Revolution
Send It Mike
Website
https://satoshis-plebs.com
Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info
McIntosh can be reached by email at mcintosh@satoshis-plebs.com and on Twitter at @McIntoshFinTech. His mastodon handle is @mcintosh@podcastindex.social and his Nostr. Kenshin can be reached on Twitter at @kenshin_ninja or on Nostr. Kenshin’s email is kenshin@satoshis-plebs.com. You can also follow the Satoshi’s Plebs podcast account on Nostr. We are looking forward to hearing from you!
We are looking forward to hearing from you!
