{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The DeFi Report","title":"Bitcoin Network Health Check: Assessing Thesis & New Risks","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5bf1713a\"></iframe>","width":"100%","height":180,"duration":2590,"description":"Mike and Ryan re-underwrite the Bitcoin thesis with a full network health check: hash rate, miner incentives, active addresses, ETF adoption, treasury firms, and BTC’s performance vs Nasdaq and gold. They also dig into the biggest risks ahead, including security budget pressure, miner concentration, and quantum computing, before explaining why they still view Bitcoin as a core portfolio asset this cycle.\n----\n📣GALAXY | INSTITUTIONAL DIGITAL FINANCE\nhttps://bankless.cc/Galaxy \n\n----\n🎯THE DEFI REPORT | FOLLOW & SUBSCRIBE\nhttps://thedefireport.io/friends \nhttps://thedefireport.transistor.fm/\nhttps://thedefireport.io/\nhttps://x.com/the_defi_report\nhttps://x.com/JustDeauIt\n\n----\nTIMESTAMPS\n\n0:00 Intro\n2:31 Institutional Insights on Bitcoin\n4:24 Mining & Network Security\n8:08 Fees & Block Rewards\n11:20 Security Budget Risks\n14:25 The Future of Mining\n15:57 Address Trends & Activity\n22:48 Institutional Adoption Surge\n25:01 Treasury Firms & Bitcoin\n28:03 Bitcoin vs. Other Assets\n30:51 Quantum Computing Concerns\n33:34 The Future of Bitcoin\n36:43 Closing & Disclaimers\n\n----\nNot financial or tax advice. For educational purposes only.","thumbnail_url":"https://img.transistorcdn.com/lP4Yevy9NR9RPfTijbL4-ksbx-kOKq7JnYtbwM20Nzo/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jNDZl/ZjZjNDNiZmU5NDE5/YTg1MjBkMmQwMGZl/MmZjYy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}