We Study Billionaires - The Investor’s Podcast Network BTC108: Bitcoin Retirement and Inheritance Planning w/ Jeff Vandrew and Phil Geiger (Bitcoin Podcast)
18 snips
Dec 14, 2022 Jeff Vandrew, Head of Legal at Unchained Capital, and Phil Geiger, a leader in client services, dive into the intricacies of Bitcoin inheritance and retirement planning. They discuss the surge in self-custody interest post-FTX collapse, the importance of legal title in inheritance, and the differences between probate and non-probate assets. Additionally, they highlight common mistakes in estate planning and emphasize secure methods for managing digital assets, like multi-signature technology and strategic IRA structures.
AI Snips
Chapters
Books
Transcript
Episode notes
Unchained Capital After FTX
- Unchained Capital experienced its busiest month ever after FTX's collapse.
- Their value proposition of self-custody was clearly demonstrated as clients retained Bitcoin access.
Rehypothecation Issues
- Rehypothecating assets with fixed supply like Bitcoin is problematic, unlike traditional finance with unclear asset numbers.
- FTX's collapse highlighted the importance of private keys and real Bitcoin ownership.
Overcoming Self-Custody Concerns
- Address concerns about self-custody by focusing on eliminating single points of failure.
- Use collaborative custody and multi-sig to enhance security and enable recovery.
