29: Raphael Zagury ON: Conceptualizing Bitcoin as an Asset Class

In the 29th episode of The Block Reward, Scott Dedels is joined by Raphael Zagury, a financial maverick with roots in Brazil's hyperinflation crisis, who shares his journey to Bitcoin enlightenment. Delve into an eye-opening discussion on Bitcoin's potential to reshape the monetary landscape and outshine traditional assets. Raphael demystifies Bitcoin's value, drawing parallels to tech disruptions like the Internet and advocating for its rightful place in your portfolio. Get ready to have your perspective on money challenged and enlightened. Tune in to this crucial conversation for anyone looking to navigate the volatile world of Bitcoin.

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Raphael Zagury was raised in Brazil, he experienced the impact of money debasement and inflation firsthand. This awareness, combined with his passion for technology and economics, naturally led him to Bitcoin. He joined Swan as a staunch believer in the potential of Bitcoin to revolutionize the financial landscape and a desire to contribute to its global adoption.

Key Topics Discussed:

• Incorporating Bitcoin in employee compensation
• Bitcoin's potential to revolutionize finance
• The challenges of Bitcoin's acceptance in traditional institutions
• Asset allocation including Bitcoin in portfolios
• Predicting Bitcoin's value and market dynamics

Timestamps:

04:13 Raphael moved from Fintech to Bitcoin in 2022, joined Swan after realizing Twitter didn't scale well.

07:46 Experiencing Brazil's Hyperinflation in the 90's.

15:12 Discovering new investment opportunities, like the Internet.

17:47 Post-2008 regulations slowed banks' decision-making.

21:05 Only a few financial advisors recommend investing in Bitcoin.

27:23 Investors buy real estate and stocks for long-term value not understanding the specifics.

38:05 Bitcoin's new technology unpredictability & volatility are natural and important during the early stages.

41:52 Asset allocation tool has been tested with the Ontario Teachers pension plan.

44:45 Bitcoin as a part of investment portfolios.

48:44 Bitcoin gaining acceptance among younger generation in finance.

Guest Socials:

Alpha Zeta | X (formerly known as Twitter)

Nakamoto Portfolio | Website