I want to personally thank Raphael for his warning about bitcoin yield platforms. I could have lost a huge chunk of my stash if he hadn’t raised the alarms about the hidden risk. Much appreciated!
Danny, good camera angle choices on Peter and the guest. Instead of centering them in frame, you gave them "looking room" which makes the cuts much more comfortable. Good stuff!
Great episode! And I am glad to add that the 'hypergoldnization' happened in Song Dynasty (about 1000 years ago) in China, when inflation got so high that people had to take tons of iron coins to buy a small amount of rice. The government initially made coins using copper. But in order to fund the war, they made the copper coins smaller and smaller. Eventually, it became iron coins. Paper money was also born during Song Dynasty. Plus, they had tried to carry out the "Keynesian theory" to try to make economy boom by stimulating expenses. And they finally failed! It is interesting that there are really not that many new things happening even after 1000 years!
I have consumed A LOT of Bitcoin content over the last 3 years. This was EXTREMELY fascinating. Thank you Raphael for all your insight and perspective, and thank you Peter and Danny for bringing him on
With a liquid asset like BTC, it's hard to be over allocated unless you are getting yourself in a position where forced liquidation on short notice is likely.
26:00. Critically important point that real estate (after maintenance, and the massive amount of real estate deferred maintenance future costs) and savings is not keeping up with inflation.
Yeah, people rave about their real estate portfolios, but they only mention entry and exit points. Never talk about taxes, agent and solicitor fees, maintenance, inflation etc
The Schrödinger model forecasts what the true value of bitcoin would be today if it captures a hypothetical percentage share of the market cap of each of the traditional assets (Real estate, gold, stocks, bonds, etc). For the true value of bitcoin to be realised, it would need to capture the share of said traditional assets, and that has not happened yet. That is why currently bitcoin is not at the price as shown in the Schrödinger model.
Very interesting discussion. Thanks. I went and read the whitepaper on the Schrodinger's Coin Model but couldn't find the discount rate you're using. It states the "risk free" rate and currently the 10 year US bond is 4.308%. That's a pretty low discount rate given the current rate of monetary inflation and what I expect as the debt spiral continues. All this to say that the valuation is highly dependent on future rates of monetary inflation.
I've been using 10% in the scenarios but it's adjustable on the app. It should be a mix of your personal time preference, risk free rates and horizon premium. But this is also a guess. The important point is that you should play around with it to have a sense of potential impact on the fair value of BTC.
@@raphaelzagury4306Rapha o seu projeto com a SWAN é fantástico, espero que um dia tenha vaga para bitconheiros poderem trabalhar contigo tambem 😅,much appreciated
The example with being embarassed to tell people you are in bitcoin reminds me of going for work out routine or just streching. People will look at you like at some kind of weirdo, yet the same people go smoke instead and no one look at them the same way shaming them😂
Could you run your Pension Allocation model with the NYC Teachers Retirement Fund? The largest fund in the USA, it hires various investment management funds to manage it. Thank you so much for this video! Excellent!
There's limited space in the TH-cam description, so our "Show Notes" which are linked at the top of every description has many relevant links for each episode including links to connect with our guests. Here's the show notes from this show: www.whatbitcoindid.com/podcast/the-perfect-bitcoin-allocation
@@PeterMcCormackShow Thanks very much for the reply, Peter. I used to be a hexican and thus was not a fan of yourrs, however i have totally changed my mind and find you and your podcast and what youre doing with btc and the football club to be some of the most inspiring stuff in the world. The stuff ive been learning from binge watching your podcasts lately has changed my life. Appreciate you.
Since when is a 60 / 40 allocation a Ponzi? Please...let's keep the conspiracy theories out of this discussion. Why I continue to have some doubts about this podcast, its agenda.
The riskiest allocation to bitcoin is a 0% allocation.
not if you have $100 net worth
That's a really good way of putting it
Objectively true and funny too
No shit right!
Fact check: true
I want to personally thank Raphael for his warning about bitcoin yield platforms. I could have lost a huge chunk of my stash if he hadn’t raised the alarms about the hidden risk. Much appreciated!
This message made my day. Glad I was able to help. Thanks for posting it.
Raphael is all signal..very intelligent and interesting character..Great pod gents.
Danny, good camera angle choices on Peter and the guest. Instead of centering them in frame, you gave them "looking room" which makes the cuts much more comfortable. Good stuff!
One of my favorite guests recently. Great information and takes. Able to break down complexity into easily digestible takes. 10/10.
Great episode! And I am glad to add that the 'hypergoldnization' happened in Song Dynasty (about 1000 years ago) in China, when inflation got so high that people had to take tons of iron coins to buy a small amount of rice. The government initially made coins using copper. But in order to fund the war, they made the copper coins smaller and smaller. Eventually, it became iron coins. Paper money was also born during Song Dynasty. Plus, they had tried to carry out the "Keynesian theory" to try to make economy boom by stimulating expenses. And they finally failed! It is interesting that there are really not that many new things happening even after 1000 years!
great info
Great interview!! Thanks Raphael for sharing your insights 👍
I LOVED THIS PODCAST. ONE OF THE BEST.
Great perspective💯
Thank you Raphael! Excellent work
I have consumed A LOT of Bitcoin content over the last 3 years. This was EXTREMELY fascinating. Thank you Raphael for all your insight and perspective, and thank you Peter and Danny for bringing him on
Just grilled a couple of flank steaks. Good timing.
Thoroughly captivating. Swan has some great people! 🧡
Thanks great show
More Rafa. One of the most trenchant intellects in this space.
Great work gents! Really enjoyed this one and it’s not just the green beer
Excellent. Great guest. Thanks for this.
probably my favourite episode to date!
What a genuine smart individual. Great guest Pete ❤
The last part was great Peter 👍
A vert important analysis for Bitcoin and adoption, super job boys.
Should think about adding his website to the show notes (did I miss it?)
incredible pod
Holy hell this guy is incredible.
Really?
Great discussion, mates. I feel like I might be over allocated…first time I’ve ever thought that 😬
With a liquid asset like BTC, it's hard to be over allocated unless you are getting yourself in a position where forced liquidation on short notice is likely.
Anyone have the link where he says he has a website and app that can change values @ time 40:15
26:00. Critically important point that real estate (after maintenance, and the massive amount of real estate deferred maintenance future costs) and savings is not keeping up with inflation.
Yeah, people rave about their real estate portfolios, but they only mention entry and exit points. Never talk about taxes, agent and solicitor fees, maintenance, inflation etc
Great interview guys 👌👊
Love the models that Rapha developed! 🇧🇷
This guy is great.
I don’t understand Raphael’s explanation. Why isn’t BTC at the price in the Schrödinger model? 48:39
The Schrödinger model forecasts what the true value of bitcoin would be today if it captures a hypothetical percentage share of the market cap of each of the traditional assets (Real estate, gold, stocks, bonds, etc). For the true value of bitcoin to be realised, it would need to capture the share of said traditional assets, and that has not happened yet. That is why currently bitcoin is not at the price as shown in the Schrödinger model.
Loved this. Subscribed
Excellent interview, thanks.
Danny! Nice Speedmaster! You’re a watch guy too!
Amazing research. I will borrow your stuff. Thanks for your work.
I like this guy, very interesting. Especially talking about "reo state."
Free Education.
Wonderful podcast
This is just bloody brilliant.
Raphael you are a Legend my friend thank you!
Very interesting discussion. Thanks. I went and read the whitepaper on the Schrodinger's Coin Model but couldn't find the discount rate you're using. It states the "risk free" rate and currently the 10 year US bond is 4.308%. That's a pretty low discount rate given the current rate of monetary inflation and what I expect as the debt spiral continues. All this to say that the valuation is highly dependent on future rates of monetary inflation.
I've been using 10% in the scenarios but it's adjustable on the app. It should be a mix of your personal time preference, risk free rates and horizon premium. But this is also a guess. The important point is that you should play around with it to have a sense of potential impact on the fair value of BTC.
@@raphaelzagury4306Rapha o seu projeto com a SWAN é fantástico, espero que um dia tenha vaga para bitconheiros poderem trabalhar contigo tambem 😅,much appreciated
One of your best show lads. 🇦🇺🇸🇻👍
This guy is brilliant ☝️💯💯💯
The example with being embarassed to tell people you are in bitcoin reminds me of going for work out routine or just streching. People will look at you like at some kind of weirdo, yet the same people go smoke instead and no one look at them the same way shaming them😂
This was excellent
Answer: 100%
Saved me two hours thanks m8
Saved to Favorites. Period. 👌
Love your content but sometimes wish you’d let your interesting guests run without interruption, you sometimes lose interesting threads.
I agree with this 100%
32:08 Made me think of the movie Office Space. A penny from the penny jar. 😂
Could you run your Pension Allocation model with the NYC Teachers Retirement Fund? The largest fund in the USA, it hires various investment management funds to manage it. Thank you so much for this video! Excellent!
This guy's brilliant, have him on again
Fabulous session ...
This guy is on fire
The Shrodinger Model is very interesting.
you should. link all guests twitters right away in show notes..
There's limited space in the TH-cam description, so our "Show Notes" which are linked at the top of every description has many relevant links for each episode including links to connect with our guests.
Here's the show notes from this show:
www.whatbitcoindid.com/podcast/the-perfect-bitcoin-allocation
@@PeterMcCormackShow Thanks very much for the reply, Peter. I used to be a hexican and thus was not a fan of yourrs, however i have totally changed my mind and find you and your podcast and what youre doing with btc and the football club to be some of the most inspiring stuff in the world. The stuff ive been learning from binge watching your podcasts lately has changed my life. Appreciate you.
Pre-Op charge nurse told me today that his condo association is raising his dues by $70. I told him I buying as much Bitcoin as I can.
Greetings from Brasil
Didn't think many people had bitcoin in Brazil.
Humble brag Pete MUST mention his first btc purchase price in every episode 😂
I'd like to hear more about the up and coming financial instruments being developed so hodlers can hodl forever and still live off thier BTC
great
his eyes are awesome!
Its just math, i love it.
I love the fire Pete brings. Loved to see him get worked up about the questionnaire. He is right. F$@k them!
Down 7000 since this video dropped sweet..
+100%
Coinbase will raise cash to push Ethereum because they own an ETH layer 2 “BASE”, which they are looking to capitalise on.
Yeah but coinbase never goes down on massive sell volume. That's the sus part.
There is no perfect allocation for bitcoin just make sure your above 0. It will be different for every person
Dollar is KING
Kung your arse hole 😂😂😂😂
BLACK ☠️ MONDAY It's all gunna crash like a mofo 👍
😂😂😂😂 nope
I'm starting to be a little fearful for Saylor, he's gotta be pissing off some powerful people
Since when is a 60 / 40 allocation a Ponzi? Please...let's keep the conspiracy theories out of this discussion. Why I continue to have some doubts about this podcast, its agenda.
😂😂😂 you’re not listening! Id10 T 😂😂😂
Choose rich
Def over allocated but sticking it to the man 😂
Time for a correction boys :)
TLDR me
$65,550.00 as of 3/16/24-4:40 p.m. p.s.t.
Sponsors are such scam and unethical companies, I can't take this podcast seriously
Yup. Previously Peter shilled Blockfi and thanks to him many people lost all their life savings
WHATS WITH THE CHINESE ACCENT!!!! JAL WANTS HIS HAT BACK!
bullish!
100% bitcoin minus expenses. Bitcoin is the best asset. There is no second best
😂OXFORDSTYLE🎉MELLOWYELLO