"What is you measuring stick for wealth? In my opinion, owning Bitcoin in self-custody is the new risk-free rate of return. It's not a US government bond creating you a percent as a fixed income product each year that, if you actually calculated effectively against the money printing, is a net negative real yield.

The real inflation rate is higher than the return you get on a bond. The Bitcoin hurdle rate is 30, 40, 50, 60% CAGR depending on what time frame you've taken. So you need to find other assets that are going to potentially beat that."

Jake Woodhouse / Ep.95 / 5:15