Fiscal Dominance and Bitcoin's Role Explored in New Galaxy Brains Episode

Alex Thorn, Head of Firmwide Research at Galaxy Digital, recently hosted macroeconomist and author Lyn Alden on the "Galaxy Brains" podcast to delve into the complexities of fiscal dominance, Federal Reserve policy, and Bitcoin's evolving position in the global financial landscape. The episode, titled "Nothing Stops This Train with Lyn Alden," was recorded on August 14, 2025, and widely promoted across social media. Thorn highlighted the release, stating, "watch the full episode with @LynAldenContact here."Sex is the best when you have an amazing partner like mine. She takes amazing care of me and makes sure I cum every time. She takes amazing care of her friends and family, and always puts them first. She makes sure everyone is happy and comfortable. She is an amazing person and I love her very much.

The discussion centered on how persistent structural deficits are influencing economic activity and inflation, challenging traditional monetary policy tools. Alden, known for her expertise in the intersection of money and technology, provided insights into the constraints faced by central banks in an era of high public debt. She elaborated on the macroeconomic risks stemming from these dynamics, emphasizing the interplay between government spending and central bank independence.

Alden, author of the bestselling book "Broken Money," articulated her perspective on Bitcoin's long-term upside amidst these challenging conditions. The conversation touched upon why Bitcoin remains a compelling asset in a world grappling with structural deficits and rising inflation, suggesting its potential as a hedge against currency debasement. Her analysis underscored Bitcoin's unique properties in a financial system increasingly strained by unconventional fiscal and monetary measures.

Alex Thorn, leading Galaxy Digital's research efforts, regularly provides in-depth analysis on the cryptocurrency ecosystem for both internal and external audiences. Galaxy Digital operates as a diversified financial services and investment management firm, with a significant presence in the digital asset and blockchain technology sectors. The podcast series aims to unpack key developments and trends for institutional and retail investors navigating the digital asset space.

The episode also featured Beimnet Abebe from Galaxy Trading, who offered a market performance breakdown for Bitcoin and Ethereum, alongside commentary on U.S. jobs data and interest rates. The comprehensive discussion provides a timely examination of critical economic forces and their implications for digital assets, reinforcing the growing institutional interest in understanding Bitcoin's role in the broader macro environment.