Bits + Bips: Why Iran Is Trump’s Greatest Taco. Plus, Is Elon’s TeraFab ‘Bullshit’?
Episode description
Trump pulled off a five-day ceasefire nobody expected. Ram calls it the greatest TACO of his career.
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Trump announced a five-day pause on strikes against Iranian energy infrastructure just hours before his own 48-hour ultimatum expired. Oil crashed below $90. Bitcoin surged from $68,200 to above $71,000. Ram called it the greatest TACO of Trump’s career and said the Trump put is officially here.
Meanwhile the Fed held rates steady but the dot plot revealed a historically wide internal split: seven members want zero cuts in 2026 while five want 50 basis points or more. Powell warned inflation isn’t coming down as hoped with projections now at 2.7% for headline.
And in tech, Elon Musk unveiled a $25 billion chip fab that Ram says is pure fiction while Bezos raised $100 billion to buy manufacturing companies and transform them with AI.
Hosts:
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Austin Campbell, Host of Bits + Bips, Zero Knowledge Consulting
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Ram Ahluwalia, Co-Host, CEO of Lumida
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Chris Perkins, Co-Host, President of CoinFund
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