The Bitcoin Way Podcast

BlackRock - "Bitcoin is Risk Off" | Bitcoin Banter

Feb 15, 2025
George Bodine, a guest speaker on Bitcoin Banter, shares his expertise on Bitcoin's pivotal role in today's financial landscape. He discusses Texas's revolutionary initiative for a Bitcoin reserve without limits, illustrating a shift toward local financial power. Bodine highlights BlackRock's perspective that sees Bitcoin as a 'risk off' asset, contrasting with traditional banking views. The conversation emphasizes embracing self-sovereignty through Bitcoin and the importance of community, self-custody, and a decentralized financial future.
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INSIGHT

Bitcoin as Risk-Off

  • Texas is creating a Bitcoin reserve with no buying limit, signaling a strong move towards Bitcoin adoption.
  • BlackRock’s classification of Bitcoin as a "risk-off" asset further strengthens its position as a reliable store of value.
ADVICE

Support Bitcoin Legislation

  • Advocate for Bitcoin-friendly legislation in your area by contacting your representatives.
  • Use AI tools like ChatGPT or Grok to easily draft letters expressing your support for Bitcoin.
INSIGHT

Bitcoin Standard & Freedom

  • Living on a Bitcoin standard offers freedom and control over your finances.
  • It allows you to focus on your passions and family without constant financial worries.
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