Scarce Assets E008: Samson Mow – Why $1M BTC Could Happen This Cycle
Scarce Assets: a biweekly podcast presented by Onramp which delves into the emergent role of Bitcoin in finance professionals' strategies and outlooks. Hosted by CFP, Andy Edstrom, and former hedge fund manager, Jesse Myers, Scarce Assets provides invaluable insights for wealth managers aiming to outperform their peers in the decades ahead.
Finance professionals everywhere know about stocks and bonds, but the macroeconomic outlook requires that serious investors pay close attention to another category: Scarce Assets.
0:00 - Introduction to Samson
3:31 - Nation-state bitcoin adoption
8:33 - Use cases resonating with governments
12:05 - Bitcoiners in government
13:45 - Aqua Wallet overview
22:00 - Accelerating adoption with JAN3
26:43 - A message from Onramp
26:59 - Bitcoin adoption in China
32:54 - Buying bitcoin vs earning bitcoin
34:19 - Forecasting the “suddenly” phase
37:13 - Benefits of the “gradually” phase
43:30 - Political unpalatability of being anti-bitcoin
46:01 - Bull market factors & the decline of fiat
51:50 - The economic situation in Canada
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