The Bitcoin Frontier

Unchained Capital, Inc
  • 5,0 (21)
  • CÔNG NGHỆ
  • ĐÃ HOÀN CHỈNH
The Bitcoin Frontier

Explore how bitcoin as a monetary tool is transforming lives and perspectives. Through Joe Burnett’s conversations, uncover stories of innovation, disruption, and growth as we chart the ever-evolving bitcoin frontier. Whether you're a bitcoin veteran or just curious, The Bitcoin Frontier is your guide to the future of money.

  1. From Harvard to MicroStrategy—valuing MSTR and building Bitcoin24

    3 NGÀY TRƯỚC

    From Harvard to MicroStrategy—valuing MSTR and building Bitcoin24

    In this episode, we sit down with Chaitanya Jain (CJ), an MBA candidate at Harvard Business School and strategist at MicroStrategy, who worked closely with Michael Saylor on the recent open source Bitcoin24 model. CJ shares his experience talking about bitcoin at HBS, detailing efforts to distinguish it from broader crypto discussions. We explore Michael Saylor’s perspective on whether bitcoin is money or just another asset. CJ offers insights into building the Bitcoin24 model and MicroStrategy’s evolving custody strategy, including the future of bitcoin in banking and other companies adopting MicroStrategy’s bitcoin strategy. We also cover their acquisition strategy using equity and convertible notes, the constraints they face, and how to think about valuing MicroStrategy in relation to their NAV. Last, CJ discusses MicroStrategy's potential future S&P 500 inclusion, effective bitcoin advocacy techniques, and the most significant risks to bitcoin today. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com → Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description → Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier TIMESTAMPS: 00:00:00 Introduction and background 00:03:23 Experience at HBS with bitcoin 00:06:06 Efforts to differentiate bitcoin from crypto at HBS 00:08:13 Bitcoin and crypto courses at HBS 00:10:21 Michael Saylor’s view of bitcoin: money or asset? 00:12:12 Catalysts for HBS interest in bitcoin 00:14:06 Key takeaways from interacting with Michael Saylor 00:18:25 Valuing bitcoin without cash flows 00:20:36 Building the Bitcoin24 model with MicroStrategy 00:24:24 MicroStrategy’s bitcoin custody strategy 00:26:32 Future of bitcoin in banking 00:30:55 Other companies following MicroStrategy’s bitcoin strategy 00:38:21 MicroStrategy’s bitcoin acquisition strategy: equity and convertible notes 00:46:24 Limits on equity issuances and convertible notes 00:50:24 Common misunderstandings about MicroStrategy 00:52:42 MicroStrategy’s inclusion in the S&P 500 00:58:26 Bitcoin advocacy and persuasion techniques 00:59:10 Biggest risks to bitcoin WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Chaitanya Jain’s Twitter: https://x.com/_ChaitanyaJ

    1 giờ 3 phút
  2. Entering a liquidity acceleration phase with Luke Gromen

    15 THG 10

    Entering a liquidity acceleration phase with Luke Gromen

    In this episode, we sit down with Luke Gromen to unpack the U.S. fiscal landscape, exploring the growing strain of true interest expense and why the world may be entering a liquidity acceleration phase. Luke highlights some of the most crowded and least crowded trades in the market today and explains why gold miners are taking on a new role, while commodity stocks resemble bonds. We also discuss the potential release valves of gold, oil, and bitcoin. Luke provides insights into the shifting dynamics of physical versus paper assets, the repricing of bonds and hard assets, and bitcoin’s potential place in central bank reserves. Additionally, we cover China’s latest economic moves, the ongoing global debt bubble, and the potential impact of the U.S. Presidential election. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com → Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description → Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier TIMESTAMPS: 00:00 - Intro 01:06 - The U.S. fiscal situation and 'true interest expense' 02:49 - U.S. fiscal tightening and liquidity needs 04:03 - 'America doesn’t get to do collectively stupid stuff with borrowed money forever' 04:51 - What is money? 07:13 - Most crowded and least crowded trades today 08:39 - 'Gold miners are the new commodity stocks, commodity stocks are the new bonds' 12:07 - The release valve: gold, oil, and maybe bitcoin 14:21 - Bitcoin miners as the new gold miners? 16:06 - The importance of physical versus paper assets 20:10 - The accelerating repricing event in bonds and hard assets 23:49 - How bitcoin and gold fit into the reserve asset narrative 33:14 - Will central banks eventually hold bitcoin? 35:00 - China’s aggressive stimulus and what it means for global markets 39:00 - The global sovereign debt bubble and the U.S. deficit 40:21 - U.S. Presidential election and fiscal largesse 41:59 - Repricing of gold and bitcoin 49:10 - What most bitcoiners disagree with Luke on 50:24 - The biggest risks to bitcoin and gold 55:00 - Outro and where to find more of Luke’s work WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Luke Gromen’s Twitter: https://x.com/LukeGromen

    56 phút
  3. Predicting the next bitcoin peak with Checkmate

    8 THG 10

    Predicting the next bitcoin peak with Checkmate

    In this episode, we sit down with James Check to tackle common misconceptions in bitcoin, from misunderstood on-chain metrics to the real impact of long-term holders. We break down key market indicators, discuss risks of audience capture, and explore whether bitcoin is set for slow, steady growth or another 80% drop. We also dive into the relevance of entity-adjusted metrics, the potential impact of ETFs, and how Checkmate optimizes bitcoin allocation strategies. Looking ahead, we speculate on bitcoin’s role in future portfolios, touch on large-scale gold buying, and even consider whether aliens might have their own version of bitcoin. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com → Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description→ Buy bitcoin in an IRA—sign up today and get your first year free: unchained.com/frontier TIMESTAMPS: 00:00 Introduction 01:40 What is one thing you think most people are wrong about? 08:14 Misinterpreted on-chain metrics and long-term holders 13:00 Key metrics to watch for market tops 19:10 Protecting against audience capture in bitcoin narratives 22:44 Slow grind up vs fast exponential growth? 25:48 Will bitcoin fall another 80% at some point? 29:25 Bitcoin was not a ZIRP phenomenon 30:10 Optimizing DCA and portfolio allocations through cycles 35:00 How accurate are “entity-adjusted” on-chain metrics? 41:10 Do ETFs destroy the potential usefulness of on-chain analytics? 46:35 Decades from now, how much bitcoin is in a typical portfolio? 50:50 Who is buying gold in size now? 56:50 Do aliens exist and did they discover their own bitcoin? 1:02:50 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Checkmate’s Twitter: https://x.com/_Checkmatey_

    1 giờ 4 phút
  4. How bitcoin mining reduces carbon emissions with Troy Cross

    1 THG 10

    How bitcoin mining reduces carbon emissions with Troy Cross

    In this episode, we sit down with Troy Cross to examine the environmental impact of bitcoin mining and its potential role in stabilizing energy grids. Troy shares his journey into bitcoin and peer-to-peer systems, addressing early concerns about energy consumption and how his views have evolved. We explore key data from bitcoin miners on energy usage and discuss the challenges of gathering accurate information. Troy highlights bitcoin mining’s unique flexibility in reducing emissions and compares its energy impact to other technologies like AI. We also cover the political implications of bitcoin, potential risks, and the importance of effective branding for bitcoin’s future growth. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com → Learn more about Unchained: https://unchained.com/?utm_source=youtube&utm_medium=video&utm_campaign=TBF-podcast-description TIMESTAMPS: 00:00 Introduction 01:40 The environmental impact of bitcoin mining 04:28 How Troy got into bitcoin and peer-to-peer systems 07:33 Early concerns about bitcoin’s energy consumption 11:21 Bitcoin’s role in stabilizing energy grids 14:53 Data from bitcoin miners on energy consumption 18:47 Challenges in gathering bitcoin mining data 21:25 Bitcoin mining’s flexibility and reduced emissions 25:02 Halvings, miners, and price 28:37 Bitcoin’s superpower: Flexible energy consumption 32:12 Comparing bitcoin to AI in energy use 34:44 The future of energy and bitcoin 38:12 How bitcoin mining adapts to market conditions 42:28 Political ramifications of bitcoin 46:08 The biggest risk to bitcoin 50:09 Bitcoin’s branding challenges 54:12 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Troy Cross’s Twitter: https://x.com/thetrocro → Troy’s bitcoin ownership report: https://www.thenakamotoproject.org/report → Troy’s bitcoin mining report: https://www.btcpolicy.org/articles/bitcoin-mining-reduces-carbon-emissions

    1 giờ 8 phút
  5. Is bitcoin about to enter a parabolic growth phase? with Rational Root

    24 THG 9

    Is bitcoin about to enter a parabolic growth phase? with Rational Root

    In this episode, we sit down with Rational Root to explore whether bitcoin is on the verge of entering a parabolic growth phase. We discuss key indicators, including on-chain data, market cycles, and global liquidity trends, to assess the current state of bitcoin and its potential for rapid price acceleration. Root breaks down the importance of short-term holder behavior, ETF flows, and the psychology of the market. We also consider external factors, such as macroeconomic conditions and regulatory developments, that could fuel or hinder bitcoin's next major move. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com TIMESTAMPS: 01:40 Where are we in the 4 year cycle? 04:55 Bitcoin goes sideways or down a majority of the time 08:14 Cycles from the bottom 13:03 On-chain value map 21:21 Do ETFs change on-chain analytics? 24:00 Psychology of a bitcoin market cycle 26:23 Global liquidity catalyst 30:14 Short-term holder supply 34:38 Bitcoin ETF flows 43:30 Bitcoin ETF cost basis 45:55 Bitwise proof of reserves 49:40 HODL Model update 1:01:40 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Rational Root’s Twitter: https://x.com/therationalroot

    1 giờ 4 phút
  6. How does the FBI think about bitcoin? with Ren McEachern

    17 THG 9

    How does the FBI think about bitcoin? with Ren McEachern

    In this episode, former FBI agent Ren McEachern breaks down financial crime and fraud in the digital age. We cover how criminals use different monetary tools for money laundering, whether the FBI can reverse wire transfers, and their work on the dark web. Ren explains asset seizures, including high-value items like yachts, and the unique challenges of seizing and liquidating bitcoin. We also discuss the FBI’s evolving stance on bitcoin, tracing crypto transactions, and using off-chain data to prevent fraud. Lastly, we tackle the potentially fraudulent NFT market, and Ren shares what he sees as the biggest risk to bitcoin today. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com TIMESTAMPS: 01:30 Introduction and Background 06:00 Most common monetary tool used in money laundering? 09:08 Can the FBI reverse wire transfers? 12:48 FBI and the dark web 15:12 Brazil banning X.com 17:15 Seizing assets and chasing yachts 21:55 Liquidating seized assets and yachts 24:00 The difficulty of seizing bitcoin 29:00 Government seizure of bitcoin and liquidation 37:00 Trump’s strategic bitcoin stockpile 40:00 The FBI's perspective on bitcoin 50:10 Future of fraud with bitcoin and crypto? 01:01:25 Is the NFT market just money laundering? 01:04:30 Most commonly used crypto for fraud? 01:08:13 Biggest risk to bitcoin? WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Ren McEachern’s LinkedIn: https://www.linkedin.com/in/george-ren-mceachern

    1 giờ 11 phút
  7. Is 2025 the year bitcoin accelerates? with Joe Consorti

    10 THG 9

    Is 2025 the year bitcoin accelerates? with Joe Consorti

    In this episode, Joe Consorti joins us to explore the impacts of trillion-dollar deficits on the fiscal landscape and what it means for bitcoin’s future. We start with a look at the current liquidity environment and how asset prices are responding, followed by a discussion on rate cuts and capital deployment strategies. Joe shares his outlook on bitcoin’s trajectory through 2025 and the central bank actions we should be keeping a close eye on. We then examine key models like the power law and stock-to-flow to understand how they relate to bitcoin’s growth. Joe also addresses whether excessive monetary and fiscal stimulus could harm bitcoin, and why crypto is in decline while bitcoin continues to thrive. Finally, we talk about the acceleration of exponential growth, before wrapping up with Joe’s thoughts on unpopular beliefs and the biggest risks facing bitcoin today. SUPPORT THE PODCAST:→ Subscribe→ Leave a review→ Share the show with your friends and family→ Send us an email podcast@unchained.com TIMESTAMPS:00:00 Introduction01:30 Trillion-dollar deficits and the fiscal situation10:43 The liquidity spigot and asset prices17:21 Rate cuts and capital deployment25:35 Bitcoin's future and monitoring central bank actions30:35 Predicting bitcoin in 2025 and factors to watch37:12 The power law model vs. the stock-to-flow model40:05 Does too much monetary and fiscal stimulus harm bitcoin?46:50 The decline of crypto and the thriving of bitcoin51:00 Acceleration and exponential growth01:02:20 Unpopular beliefs and the biggest risks to bitcoin WHERE TO FOLLOW US:→ Unchained Twitter: https://twitter.com/unchainedcom→ Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom → Unchained Newsletter: https://unchained.com/newsletter → Joe Burnett’s Twitter: https://twitter.com/IIICapital→ Joe Consorti’s Twitter: https://x.com/JoeConsorti

    1 giờ 9 phút
  8. How bitcoin’s volatility is creating a powerful positive feedback loop | Dylan LeClair

    3 THG 9

    How bitcoin’s volatility is creating a powerful positive feedback loop | Dylan LeClair

    In this episode, Dylan LeClair joins us to discuss positive feedback loops around bitcoin’s extreme volatility and a collapsing crypto industry. We kick off with Vitalik's questions about the sustainability of yield in the crypto space and whether ethereum and other cryptocurrencies are at risk of fading away. Dylan offers his insights on the VIX spike in early August and what it might mean for the broader market. We then shift to the success of bitcoin ETFs and dive into how companies like Metaplanet and MicroStrategy are using financial engineering to increase their bitcoin holdings per share. Dylan shares his thoughts on the concept of corporate "bitcoin yield" versus holding bitcoin in cold storage, and how volatility can create a highly positive feedback loop. We also touch on the power law and S2F models, rounding off with a personal note as Dylan reflects on his high school teachers congratulating him on his success. SUPPORT THE PODCAST: → Subscribe → Leave a review → Share the show with your friends and family → Send us an email podcast@unchained.com TIMESTAMPS: 00:00:00 Intro 00:01:50 Vitalik questioning where the yield comes from 00:04:07 Are crypto and ethereum dying? 00:08:03 Vix spike in early August—bottom for risk assets? 00:14:34 Success of bitcoin ETFs 00:17:30 Metaplanet and Microstrategy financial engineering more bitcoin 00:33:42 Bitcoin “yield” or bitcoin per share? 00:36:58 Metaplanet and MSTR vs cold storage bitcoin 00:43:00 Volatility results in a positive feedback loop 00:54:13 Power law and S2F model 00:56:45 Dylan’s high school teachers 00:59:35 What’s something you believe that most bitcoiners would disagree with? 01:04:29 What’s the biggest risk to bitcoin? 01:08:15 Closing thoughts WHERE TO FOLLOW US: → Unchained Twitter: https://twitter.com/unchainedcom → Unchained LinkedIn: https://www.linkedin.com/company/unchainedcom  → Unchained Newsletter: https://unchained.com/newsletter  → Joe Burnett’s Twitter: https://twitter.com/IIICapital → Dylan LeClair’s Twitter: https://x.com/DylanLeClair_

    1 giờ 9 phút
Xem tất cả (54)

Trailer

5
/5
21 Xếp hạng

Giới Thiệu

Explore how bitcoin as a monetary tool is transforming lives and perspectives. Through Joe Burnett’s conversations, uncover stories of innovation, disruption, and growth as we chart the ever-evolving bitcoin frontier. Whether you're a bitcoin veteran or just curious, The Bitcoin Frontier is your guide to the future of money.

Thông Tin

  • Nhà sáng tạo
    Unchained Capital, Inc
  • Năm hoạt động
    2023 - 2024
  • Tập
    54
  • Xếp hạng
    Sạch
  • Bản quyền
    © 2024 Unchained Capital, Inc
  • Trang web chương trình
    The Bitcoin Frontier

Có Thể Bạn Cũng Thích

Bạn cần đăng nhập để nghe các tập có chứa nội dung thô tục.

Luôn cập nhật thông tin về chương trình này

Đăng nhập hoặc đăng ký để theo dõi các chương trình, lưu các tập và nhận những thông tin cập nhật mới nhất.
Chọn quốc gia hoặc vùng

Châu Phi, Trung Đông và Ấn Độ

Châu Á Thái Bình Dương

Châu Âu

Châu Mỹ Latinh và Caribê

Hoa Kỳ và Canada