{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Eric Balchunas: The Next Phase of Bitcoin Has Already Begun","description":"In this episode, I chat with Eric Balchunas, senior ETF analyst at Bloomberg Intelligence and author of The Bogle Effect. We dive into the life and legacy of Jack Bogle, the founder of Vanguard, and explore the evolution of Bitcoin ETFs. \u2013\u2013\u2013 Offers &amp;amp; Discounts \u2013\u2013\u2013 Theya is the world\u2019s simplest Bitcoin self-custody solution. Download Theya Now at theya.us\/cedric Get up to $100 in Bitcoin on River at river.com\/Matrix The best Team Bitcoin merch is at HodlersOfficial.com. Use the code Matrix for a discount on your order. Become a sponsor of the show: https:\/\/thebitcoinmatrix.com\/sponsors\/ \u2013\u2013\u2013 Get To Know Today's Guest \u2013\u2013\u2013 \u2022 Eric Balchunas on X: https:\/\/x.com\/EricBalchunas \u2013\u2013\u2013 Socials \u2013\u2013\u2013 \u2022 Check out our new website at https:\/\/TheBitcoinMatrix.Com \u2022 Follow Cedric Youngelman on X: https:\/\/x.com\/cedyoungelman \u2022 Follow The Bitcoin Matrix Podcast on X: https:\/\/x.com\/_bitcoinmatrix \u2022 Follow Cedric Youngelman on Nostr: npub12tq9jxmt707gd5vnce3tqllpm67ktr0mqskcvy58qqa4d074pz9s4ukdcs \u2013\u2013\u2013 Chapters \u2013\u2013\u2013 00:00 - Intro 01:12 - Eric\u2019s Background: Journalism to Finance 05:53 - Investing Philosophy and Personal Strategy&amp;nbsp; 09:24 - Exploring The Bogle Effect&amp;nbsp; 12:09 - Comparing Bogle and Satoshi&amp;nbsp; 22:19 - Origin Story of Vanguard&amp;nbsp; 24:45 - Launching the First Index Fund&amp;nbsp; 28:51 - The Sacrificial Ethos of Bogle 34:46 - Buffett\u2019s Tribute and Endorsement&amp;nbsp; 37:03 - Who Are the Bogleheads?&amp;nbsp; 42:09 - Bogle\u2019s Take on ETFs and Trading&amp;nbsp; 44:59 - Frankenstein\u2019s Monster: Thematic ETFs&amp;nbsp; 49:46 - The Art of Doing Nothing&amp;nbsp; 50:56 - Inflation, Bitcoin, and the Real Return&amp;nbsp; 53:18 - Comparing Bitcoin and U.S. Stocks 54:45 - Bogle\u2019s Take on Trustless Money and Banks&amp;nbsp; 58:33 - Eric\u2019s Journey into Bitcoin via ETF Filings&amp;nbsp; 01:04:55 - TradFi\u2019s Shift After the Bitcoin ETF Approval&amp;nbsp; 01:05:37 - BlackRock, Fidelity &amp;amp; the Legitimization of Bitcoin&amp;nbsp; 1:13:17 - ETFs response to a Major Drop in Bitcoin's Price&amp;nbsp; 1:19:40 - The Two Things that Convinced Eric About Bitcoin&amp;nbsp; 1:24:10 - How Has Bitcoin Changed Eric&amp;nbsp; DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions\/views of any of our guests or sponsors.&amp;nbsp; I want to take a moment to express my heartfelt gratitude to all of you for tuning in, supporting the show, and contributing.&amp;nbsp; Thank you for listening! ","author_name":"The Bitcoin Matrix","author_url":"http:\/\/bitcoinmatrix.libsyn.com\/website","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/37024285\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/189679305"}