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The Intrinsic Value Podcast - The Investor’s Podcast Network

MI128: Why Buy Bitcoin w/ Andy Edstrom

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Investing, Education, Business

4.6592 Ratings

🗓️ 28 December 2021

⏱️ 95 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 07:40 - Why investors should consider adding Bitcoin as a part of their portfolio. 26:13 - How Andy thinks about the value of Bitcoin today when buying it for his portfolio. 36:42 - How investors can potentially keep themselves from ‘buying the top’ in Bitcoin. 39:33 - What the 14 characteristics of money are. 01:15:21 - What makes Bitcoin different from all of the other cryptocurrencies. 01:24:32 - Why the US government is not likely to ban Bitcoin. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Swan Advisor Services. Andy’s book, Why Buy Bitcoin. Trade Bitcoin with Swan. Check out TIP’s Mayer Multiple and the Mayer Multiple Twitter Account. Square and Ark Invest’s Report, Bitcoin is Key to an Abundant, Clean Energy Future.  Explanation of the Lindy Effect. Related Episode: MI032: Bitcoin, Cryptocurrencies, and Blockchain (Part 1) w/ Preston Pysh. Related Episode: MI044: Bitcoin, COVID-19, And Macroeconomics For Beginners Part 1 w/ Pomp. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Read this episode’s transcript and full show notes on our website. Connect with Andy: Website | LinkenIn | Twitter Connect with Clay: Twitter  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP. The first is, can they actually kill it? And five years ago, maybe if

0:08.4

all the governments of the world had united to kill Bitcoin, maybe they could have. We're past that

0:12.9

point. The network is so valuable and so distributed and has so much economic activity built on top of it.

0:24.1

On today's episode, I sit down to chat with a very special guest, Andy Edstrom.

0:29.0

Andy is a wealth manager at Westcap Group and is managing director of Swan Advisor Services.

0:33.7

He's also the author of Why Buy Bitcoin, the only Bitcoin investment thesis published

0:39.0

in book format by a professional wealth manager. Andy's opinions have been published in the Wall

0:44.0

Street Journal and The Economist, and he is a frequent guest on Bitcoin-focused podcasts.

0:49.8

During the episode, I chat with Andy about why Bitcoin should be considered as a part of an investment portfolio,

0:55.6

how Andy thinks about valuing Bitcoin as an investment, how investors can potentially keep

1:00.3

themselves from buying the top in Bitcoin, the 14 characteristics of money, and how Bitcoin

1:05.2

stacks up against gold and fiat currency, some of the common misconceptions around Bitcoin,

1:09.9

and a whole lot more. As a friendly reminder,

1:12.6

nothing included in this podcast is investment advice. Please speak with your registered advisor prior to

1:17.5

making financial decisions. Andy brought a ton of value during our conversation. So sit back and

1:22.7

make yourself comfortable because you don't want to miss today's episode with Andy Edstrom.

1:27.7

You're listening to Millennial Investing by the Investors Podcast Network,

1:32.3

where your hosts, Robert Leonard and Play Fink,

1:35.1

interview successful entrepreneurs, business leaders and investors

1:38.5

to help educate and inspire the millennial generation.

1:49.0

Hey, everyone.

1:51.1

Welcome to the millennial investing podcast.

...

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