The Last Trade team is joined by Liam Nelson of Early Riders to analyze a pivotal week where BlackRock's Larry Fink flagged US debt as a systemic risk to the dollar, the Trump administration sent continued pro-Bitcoin signals, and Bitcoin appeared massively mispriced relative to global liquidity conditions. The discussion examines Bitcoin's 10-week correlation with M2 money supply, gold's run to all-time highs as a leading indicator, and the macro setup pointing to a significant repricing for Bitcoin. The hosts also debate the relationship between gold and Bitcoin in the current debasement trade and share their views on the timeline for Bitcoin's next major move.