Trey Sellers of Unchained and Andy Flattery discuss how bitcoin relates to the Financial Independence Retire Early (FIRE) movement.
Bitcoin allows individuals to hold their wealth in money itself rather than subpar assets like real estate, stocks, bonds, or gold. Sellers explains that the demonetization of assets occurs when traditional money loses value over time and individuals have to choose where to store their value. He argues that the monetary premium for these other assets, such as real estate and index funds, can be replaced with bitcoin as the global standard for wealth preservation.
Guest: Trey Sellers is Head of Client Solutions at Unchained Capital, which provides financial services for Bitcoiners, starting with the most secure way for clients to hold their own bitcoin for multiple generations. Unchained also offers bitcoin IRAs, bitcoin trading, and Bitcoin-backed loans, with a strong focus on education. Trey has broad experience across banking, finance, technology, and consulting, and he’s been a Bitcoiner since 2014.
“You don’t have to rely on somebody else to give you access to your money. If you’re holding Bitcoin and holding your own keys this is something that you can’t do at any scale with other assets that are out there. You can hold gold in a safe in your home, but you can only do that to a certain amount.” – Trey Sellers
Andy Flattery is a CERTIFIED FINANCIAL PLANNER™ and Owner of Simple Wealth Planning. He serves young and affluent families that are working to lower their time preference and achieve financial sovereignty. Flattery is the host of The Reformed Financial Advisor Podcast, where he relates stories in Kansas City history to pivotal themes in personal finance. When he’s not helping individuals build wealth, you can catch him playing rec sports, reading Austrian economists, and spending time with his wife and three children.