Brian Estes, CIO of Off the Chain Capital and film producer, shares his insights on innovative financial concepts. He discusses the possibility of the U.S. issuing bonds backed by Bitcoin, potentially decreasing debt costs. Estes highlights Bitcoin’s undervalued status, predicting remarkable future prices. He also shares a fascinating story about what he once spent 50 Bitcoin on, illustrating the transformative power of this digital currency. Political shifts and their impact on Bitcoin's acceptance in the U.S. further enrich the conversation.
31:25
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
Introducing BitBonds
Issue BitBonds, a new type of US Treasury bond, to increase demand and lower interest rates.
Include Bitcoin as an incentive, potentially lowering rates to 0%.
insights INSIGHT
Bitcoin Valuation Models
Brian Estes's models indicate Bitcoin is significantly undervalued.
They predict Bitcoin could reach over $1 million in 2024 and $8-16 million by 2030.
insights INSIGHT
Bitcoin as Currency
Bitcoin's classification as property in the US hinders its use as currency.
Countries like Germany and Singapore have tax-free Bitcoin, promoting its use as currency.
Get the Snipd Podcast app to discover more snips from this episode
The Bitcoin Standard analyzes the historical context to the rise of Bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications. The book takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems to modern government debt. It explains the operation of Bitcoin as a decentralized, distributed piece of software that converts electricity and processing power into indisputably accurate records, allowing users to perform traditional monetary functions without relying on authorities or physical infrastructure. The book also explores common questions surrounding Bitcoin and its potential as a store of value and a network for final settlement of large payments, challenging government monopolies and offering a vision of money extricated from politics and borders.
In this episode with Brian Estes, we discuss:
The BitBonds White Paper
Could U.S. pay off its debt with Bitcoin?
Price models show Bitcoin is undervalued
What did Brian spend 50 bitcoin on??
----
Guest Bio: Brian Estes is the CIO of Off the Chain Capital, a General Partner investor of Polychain, and executive producer of the movie, "God Bless Bitcoin." Follow Brian on X and read his two-page white paper on US Treasury BitBonds at https://x.com/brianestes32
----
Coin Stories is powered by Genius Group (NYSE American $GNS). Genius is a Bitcoin-first business delivering AI-powered education and acceleration solutions for the future of work. Learn more and enter for a chance to win a whale pass to Bitcoin 2025 in Las Vegas: https://www.geniusgroup.ai/coinstories
----
Natalie’s Partner Links:
Bitdeer Technologies Group (NASDAQ: BTDR) is a publicly-traded leader in Bitcoin mining and high-performance computing. Learn more at www.bitdeer.com
Secure your Bitcoin with collaborative custody and set up your inheritance plan with Casa: https://www.casa.io/natalie
For easy, low-cost, instant Bitcoin payments, I use Speed Lightning Wallet. Get 5000 sats when you download using this link and promo code COINSTORIES10: https://www.speed.app/sweepstakes-promocode/
Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America’s most secure mobile service, trusted by CEOs, VIPs and top corporations: https://www.efani.com/natalie