Simply Bitcoin WHY 99% OF PEOPLE ARE WRONG ABOUT BITCOIN | Beyond Bitcoin
Jul 25, 2025
This week’s guest is Fundamentals, an actuary and author of 'Bitcoin for Institutions,' specializing in investment risk management. The discussion unpacks why Bitcoin's price isn't rising despite institutional interest and dives into the concept of 'Paper Bitcoin.' Listeners learn about the contrasting attitudes towards Bitcoin between individuals and corporations, touching on freedom versus profit dynamics. Fundamentals also sheds light on the risks of Bitcoin custodianship and the motivations behind major players like BlackRock entering this evolving market.
AI Snips
Chapters
Transcript
Episode notes
Individuals Drive Bitcoin Value
- Bitcoin's value is fundamentally driven by individuals, not institutions.
- Individuals have longer time horizons and more conviction to hold Bitcoin than organizations.
Institutional Bitcoin Challenges
- Institutions face many challenges such as governance and short horizons that hinder long-term Bitcoin holding.
- This makes institutional Bitcoin holding fundamentally different and more difficult than individual holding.
Paper Bitcoin Risks Supply Cap
- Paper Bitcoin allows multiple claims on the same coin similar to fractional reserve banking.
- This challenges Bitcoin's 21 million coin supply cap and creates potential problems.