Why Bitcoin Is Mispriced with Richard Byworth | Relai Bitcoin Podcast #132

<p><strong>Richard Byworth</strong> is the managing partner at BYZ Partners, a board member at Relai (full disclosure), has worked in the financial services industry for over two decades, and is one of the most active Bitcoin educators or media representatives out there. </p>

<p>In this conversation with Relai CEO Julian Liniger, Richard talks about his past in the financial world, how he got so hooked on Bitcoin, how he sees the recent price development, the impact sovereign debt will have, and what to expect in 2027. </p>

<p>You can follow Richard on X: <a href="https://x.com/RichardByworth">https://x.com/RichardByworth</a> </p>

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<p>⏱ Timestamps:</p>

<p>00:00 - Intro</p>

<p>01:45 - Richard’s background in TradFi</p>

<p>04:55 - Bitcoin’s sudden price rebound </p>

<p>09:41 - Seller exhaustion and what’s next</p>

<p>16:47 - The U.S. bond market situation</p>

<p>21:23 - Bitcoin-backed products in the wild</p>

<p>28:51 - Is this price rally healthy and sustainable?</p>