Brian Cubellis and Jackson Mikalic open with gold's breakout above its 2011 high and what the divergence from treasuries signals for global macro and Bitcoin. A major earthquake in Taiwan puts TSMC's semiconductor manufacturing—critical for Bitcoin ASIC chips—in the spotlight as a centralizing risk for the mining industry. The conversation covers the dangers of newly launched leveraged Bitcoin ETF products, draws parallels between Bitcoin adoption and the historic California gold rush, and reflects on Philadelphia's growing Bitcoin community following a 125-person meetup with Lynn Alden.