Would you give up $100K in stocks for $65K in Bitcoin? Swan Bitcoin founder and CEO Cory Klippsten explains why he would. He calls it his “sovereignty multiple”: he values Bitcoin in self-custody at about 1.5x its market price. For people facing bail-ins, asset freezes or retroactive taxes, he says that number could be 5x or 10x.
Chapters:
00:00 Cory Klippsten on the Binance Hack and Who Holds the Keys
01:17 How Bitcoiners Are Choosing to Hold Their Coins
03:03 First Steps to Get Your Bitcoin Off Exchanges
04:06 Swan Vault Multisig Sees a Surge in Assets
05:05 Trading Bitcoin ETF Shares for Real Bitcoin
07:08 Why GBTC Holders Are Making the Switch
08:19 The Sovereignty Multiple Explained
10:36 Could the US Confiscate Bank Deposits?
12:49 Crypto’s Devil’s Bargain With Politics
15:52 Orange Washing and the Bitcoin Strategic Reserve
17:29 Bitcoin, the Fed and Geopolitical Risk
20:05 Bitcoin’s Adoption Path Is Orthogonal to Macro
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