In our latest episode of Amplified Wealth, Adam Armstrong and Austin Hagaman dive deep into Bitcoin - the process, the pricing, the distribution of ownership, the upcoming halving-event and the recent host of ETFs that are now available to invest in.
Episode Highlights:
🧐 What is Bitcoin?
We take a look at how Bitcoin compares to different assets - and whether it should be considered a currency, commodity, collectible or something entirely different.
⛏️ How are Bitcoins Mined?
We talk about the mining and blockchain process, and the associated rewards for doing so. We also touch upon topics such as 'the-halving' and how that correlates to pricing fluctuations over time.
📊 Bitcoin Volatility and Price Swings
We discuss the often-dramatic price swings that come along with Bitcoin as we approach record-high pricing.
🆕 New Bitcoin ETFs
We address the new funds that are now available and what to look for when choosing a fund to gain exposure.
🔮 And Much More!
Timestamps:
- Overview and Soft Open: (00:00)
- Introduction: (06:18)
- Deep Dive into Bitcoin – Commodity, Collectible or other?: (10:51)
- Bitcoin Fun Facts and Mishaps: (25:25)
- Distribution of Bitcoin Ownership – How much does US Government hold: (29:50)
- Understanding Blockchain Technology: (35:00)
- Bitcoin Mining, Rewards and the Halving Process: (40:30)
- Bitcoin Mining Subsidies, Relation to Boom and Bust Cycles, Puell Multiple: (47:17)
- Premiums and Discounts on GBTC - Intro to Spot Bitcoin Era: (53:00)
- Deep Dive into Bitcoin ETFs: (01:05:24)
- Return Patterns and Volatility of Bitcoin: (01:20:05)
- Conclusion and Wrap Up: (01:25:09)
Nothing contained in this presentation should be construed as personalized advice, or solicitation to buy or sell any securities. Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. There can be no assurance that the future performance of any specific investment or non-investment related content in this Podcast will be profitable or suitable for your individual situation. Due to changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions. The opinions expressed in this podcast are those of the participants and may not reflect those of the firm. To the extent you have any questions regarding the applicability of anything discussed to your individual situation, you are encouraged to consult with the professional advisor of your choosing. The firm is neither a law firm, nor a certified public accounting firm, and no portion of this content should be construed as legal or accounting advice.
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