We Study Billionaires - The Investor’s Podcast Network BTC069: Bitcoin Retirement Planning & Self Custody w/ Parker Lewis & Jeff Vandrew
Mar 16, 2022
Join Parker Lewis and Jeff Vandrew from Unchained Capital as they dive into the essentials of self-custody and Bitcoin retirement planning. They emphasize the necessity of understanding counterparty risk and the benefits of holding your own keys in today's unpredictable financial landscape. The duo explores innovative strategies for integrating Bitcoin into retirement accounts, discussing compliance challenges and long-term investment mindsets. Their insights reveal how Bitcoin can provide security and autonomy in turbulent times.
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Asset vs. Liability
- Understand the difference between assets that are someone else's liability and assets that are nobody's liability.
- Recent events have made this distinction clearer.
Counterparty Risk and Bitcoin
- Counterparty risk, the risk associated with relying on a third party, is a significant factor in finance.
- Bitcoin addresses this by enabling self-custody, eliminating reliance on financial institutions.
Canadian Protestors
- In Canada, people donating to protests had their bank accounts frozen.
- This highlights a risk beyond insolvency: the weaponization of the financial system.