The Bitcoin IFA Podcast
#27 Peter Dunworth | Bitcoin Adviser | Bear Markets, Coldcard & The Duty Every IFA Has to Their Clients
Peter Dunworth is back. In 2016, Peter began putting 1% of his clients' portfolios into Bitcoin. Those clients have now held through the 85% crash of 2018, the 78% crash of 2022, FTX, and the current 53% bear market. Recorded one week after the Coldcard hack, this is the conversation every Bitcoin adviser and every IFA needs to hear. This episode covers: The Coldcard hack explained: what really went wrong (entropy failure in seed phrase generation, not a network attack), what 'single point of failure' means in practice, and how Pete's multi-sig custody setup at The Bitcoin Advisor protects against it. Why Pete believes traditional annuities and pension products are structurally broken, and the maths behind why a million pound pension could be worth half that in real terms within a decade. ETFs vs self-custody: why Pete sees the proliferation of Bitcoin ETFs as growing the pie, not threatening self-custody, and who needs which. Where we are in the cycle: Pete shares what Checked on Chain's data says about whether the bottom is in. Client onboarding: Pete's exact framework for managing expectations, how he pre-warns clients the asset could halve the day after purchase, and why that sets up the DCA conversation. AI vs Bitcoin: why Pete believes every pound flowing into AI will ultimately end up in Bitcoin, and why Bitcoin is the only tech asset with a genuine moat. The professional risk to financial advisers who cannot discuss Bitcoin with their clients due to a lack of knowledge. Speak with The Bitcoin Adviser about Custody Solutions - https://content.thebitcoinadviser.com/the-bitcoin-ifa Sign up to my newsletter - https://hub.thebitcoinifa.com/newsletter Website - www.thebitcoinifa.com We always recommend watching ‘What’s the Problem’ by Joe Bryan: https://bit.ly/jbwtp DISCLAIMER: This podcast is for FCA-authorised financial advisers only and is not for retail clients. The views expressed in this content, and all other content on this channel, are those of the individuals speaking and do not constitute financial advice or a recommendation to invest in any product, asset, or strategy, including those discussed in sponsored segments. This content is for educational purposes only. Always do your own research and consider all relevant risks before making any investment decisions.
