Why Bitcoin Could Still 20x | Vijay Boyapati

Vijay Boyapati, author of *The Bullish Case for Bitcoin*, joins me to discuss why Bitcoin may be in the “boring low” of its cycle, why he still sees a path to gold parity and ~20x upside, and what could drive the next bull market.

We also discuss AI and Bitcoin security, self-custody, Bitcoin price models, ETFs, treasury companies, and what a future Bitcoin standard could look like.

Timestamps:

00:00 Introduction

00:19 What Vijay Got Right About Bitcoin

06:03 Is Vijay More Bullish Today?

08:07 How Vijay Values Bitcoin

10:36 What Stands Between Bitcoin and Gold Parity?

11:31 Understanding the Current Bitcoin Cycle

16:48 Is AI Sucking Capital Away From Bitcoin?

20:49 AI, Coldcard and Bitcoin Security

27:14 Will AI Make Bitcoin Software Stronger?

28:04 Stock-to-Flow, Power Law and Bitcoin Price Models

31:49 What Could Trigger the Next Bitcoin Bull Market?

34:13 Where Will the Next Wave of Capital Come From?

37:22 What Would a Bitcoin Standard Look Like?

39:55 Why Bear Markets Create Opportunity

41:39 Where to Follow Vijay