Andy Edstrom - Is the World Truly Ready for $1 MILLION Bitcoin?

In this episode, Cedric sits down with wealth management expert Andy Edstrom to discuss Bitcoin’s market cycles, the challenges of holding during bull runs, and the evolving dynamics of property rights in a decentralized world.

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––– Chapters –––

00:00 - Intro

01:29 - Andy’s Background

03:59 - Reflections on Past Episodes

04:59 - LA Fires and Resilience

09:29 - Private vs. Public Solutions

14:29 - Emotional Impact of Disasters

18:29 - Property Rights and Bitcoin

22:29 - Ownership Durability Explained

25:29 - Bitcoin Market Cycles

29:29 - Bitcoin’s Long-Term Price Potential

32:59 - Holding Bitcoin Through Bear Markets

36:29 - Selling vs. Borrowing Bitcoin

42:29 - Real Estate vs. Bitcoin as Investments

46:29 - Bitcoin Price Manipulation

53:29 - Transparency in Bitcoin vs. Stocks

58:29 - Institutional Adoption of Bitcoin

1:03:29 - ETFs and Wealth Managers’ Role

1:09:29 - Closing Thoughts on Bitcoin’s Future

01:09:25 - Bitcoin and Programmability

01:11:08 - Closing Thoughts

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Thank you for listening!