Rajat Soni is a CFA with 10+ years of experience. As a personal finance educator and content creator, he simplifies complicated concepts with weekly insights on personal finance, investing, stocks, and Bitcoin with his audience of 250K+ followers across Instagram, X, Substack, and Linkedin.

› Follow Rajat on https://x.com/rajatsonifnance

› Rajat on YouTube: https://www.youtube.com/@rajatsonifinance

SPONSORS

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› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠

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🕑 TIMESTAMPS

00:00 - Introduction to Bitcoin and Wealth Building

01:24 - Traditional Wealth Building Methods

04:41 - The Flaws of Fiat Money

09:07 - The Legacy Financial System's Design

13:32 - Bitcoin as a Superior Savings Technology

17:49 - Counterparty Risk and Ownership

26:00 - Unique Characteristics of Bitcoin

28:16 - Understanding Bitcoin's True Ownership

29:22 - The Trade-offs of Bitcoin vs. Fiat

33:04 - Why Everything Trends to Zero Against Bitcoin

41:59 - The Illusion of Wealth in the Fiat System

50:16 - Bitcoin Allocation Strategies

ℹ️ EPISODE SUMMARY

Bram Kanstein and Rajat Soni explore the transformative potential of Bitcoin in wealth building, contrasting it with traditional financial systems. They discuss the flaws of fiat money, the importance of understanding counterparty risk, and how Bitcoin offers a unique opportunity for true ownership and wealth preservation. The dialogue emphasizes the need for personal responsibility in managing wealth and the implications of inflation on purchasing power, ultimately advocating for Bitcoin as a superior savings technology.