Bitcoin Is Not A Bubble. It's A Big Bang. | Niko Jilch

600,000 economists can't explain what money is. One anonymous coder did, and a 100-year-old theory explains how. At BTC Prague 2026, Niko Jilch, host of Was Bitcoin bringt, the leading German-language Bitcoin podcast, breaks down why the Bitcoin price is not a bubble but a big bang: Ludwig von Mises' regression theorem playing out in real time. From the 650K predictions that never happened and the four-year cycle that stayed right on track, to Pizza Day, Satoshi's base metal thought experiment, and the timeline that finally settles the store of value versus currency debate, this keynote makes the case that the price is the only signal we really have, and that what sounds like chaos is a new monetary asset being priced into existence. 🗓️The 2027 edition of the BTC Prague Conference is May 6-8, 2027. 🎟️ Mark your calendars and get your tickets with EARLY BIRD pricing: https://btcprague.com/ticket-types/ ⚡️If you're looking for somewhere to buy Bitcoin, Invity is the place to turbocharge your DCA strategy. Apply the code BTCPRAGUE to get €50 for your first strategy. https://www.invity.io 💰You can borrow against your Bitcoin with Firefish: https://firefish.io/ 🔐Need help taking custody of your Bitcoin? Book a free 30 minute call with The Bitcoin Way: https://www.thebitcoinway.com/service... Timestamps: 0:00 Intro 2:24 Bull slop: the cycle calls that didn't age well 3:23 After the 2025 top: Amsterdam and the bear market signal 4:08 Bob Loukas: the four-year cycle is right on track 5:04 Lesson 1: quit Twitter 5:42 News and narrative always follow the price 7:04 Rolf Dobelli: avoid the news 8:31 Lesson 2: Pizza Day, Bitcoin's first reference price 10:32 Ludwig von Mises and the regression theorem 12:57 Satoshi's base metal: the origin of "digital gold" 14:55 Christoph Kletzer: useful because it's valuable 16:17 The store-of-value step and the adoption curve 17:34 A new monetary asset being priced into existence 18:05 Closing ~ X / Twitter   / btcprague   LinkedIn   / btc-prague   Instagram   / btcprague   Facebook   / btcprague   Nostr https://primal.net/p/nprofile1qqsd0f6... Stay up to date with Bitcoin news and conference updates: https://btcprague.com/#newsletter