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Unchained

Jeff Park on Why Owning 1 Bitcoin Is Young People's American Dream - Ep. 848

Unchained

Laura Shin

News, Tech News, Business News

4.51.3K Ratings

🗓️ 10 June 2025

⏱️ 70 minutes

🧾️ Download transcript

Summary

In part 2 of Jeff Park’s interview with Unchained, he describes ways that both everyday investors and the U.S. government can use various crypto assets to come out on top as old models and strategies become outdated.  He reveals the three personal stories that led him to develop his radical portfolio theory, puts himself in the shoes of Treasury Secretary Scott Bessent, and explains why Japan is the linchpin in the transition to this new world order. In this episode, we explore: Why Jeff believes the future belongs to wholecoiners The social mission behind owning bitcoin How the U.S. could leverage stablecoins to maintain global dominance Why the new American dream might not involve a house at all And why, in Jeff’s words, we may already be “living in a Bitcoin-only world.” Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Xapo Bank Bitwise Guest: Jeff Park, Head of Alpha Strategies at Bitwise Part 1 of Jeff on Unchained: Jeff Park Says the 60/40 Portfolio May Be Dead. Here’s His Radical Fix  Timestamps: 👋 0:00 Intro 📌 3:14 The 3 life events that shaped Jeff’s radical portfolio vision 🌍 7:58 Why crypto’s value is clearer outside privileged financial systems 🚀 15:18 Why Jeff is so bullish on STRK and what it represents 🌐 20:56 What it means to be “living in a Bitcoin-only world” 💥 27:42 Why the U.S. is vulnerable and what’s the new American Dream 🤝 32:36 What Jeff would do if he were in Treasury Secretary Scott Bessent’s position  🇯🇵 39:16 Why Jeff sees Japan as a critical piece of the global financial order 💵 48:36 Why stablecoins could be the U.S.’s most powerful financial weapon 🤔 54:50 Why Jeff is skeptical about a U.S. bitcoin reserve 🏛️ 59:14 Whether Bitcoin treasury companies are here to stay Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Bitcoin is the thing that I think most young people have understood to be more worthwhile as a way to store value than how little they can control interest rates.

0:11.5

So if you have to buy home today and your 30-year mortgage is 6, 7% plus, I mean, you're priced out of the market.

0:19.7

But you know what? You can buy Bitcoin today.

0:21.9

And Bitcoin is likely going to appreciate in value against the exact 6 to 7% that the

0:27.5

fiatta basement is trying to charge to you to increase the present value of their asset.

0:33.4

That Bitcoin is not only like a hedge, it's actually directionally the right thing to own as a way to grow wealth.

0:39.9

So it's actually very acutely obvious to young people, the rule that Bitcoin can serve.

0:47.8

Hi, everyone. Welcome to Unchained. You're no hype resource for all things crypto. I'm your host,

0:52.7

Laura Shin. Every episode,

0:54.7

we feature our guests and you. We read comments and reviews from listeners. Today, we have

1:00.2

some responses to my recent interview with Ryan Watkins on Pump Fund's $1 billion fundraise.

1:05.9

On X, Yusuf Jems wrote, I think the race is really good for the sustained growth of Solana,

1:12.1

excited to see how it plays out. Also an ex-Jasmine Defy Dev said,

1:17.4

$1 billion spent on user experience infrastructure beats marketing spend every time.

1:22.9

Seameless onboarding and reliable execution create lasting adoption rather than temporary user spikes.

1:28.7

If you want to hear your comment on a show, write a review of the podcast overall, or leave

1:32.8

a comment on our video on YouTube, Farcaster, or X.

1:36.6

This is June 10th, 2025 episode of Unchained.

1:40.5

One early bitcoiner sold 30,000 BTC too soon, missing out on over a billion dollars.

1:46.7

Don't want to make the same mistake?

1:48.1

With Zopo Bank, eligible members can get instant cash without selling their Bitcoin.

1:53.3

Check out Zappobank.com slash Unchained for more.

...

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