4.8 • 764 Ratings
🗓️ 15 July 2024
⏱️ 56 minutes
🧾️ Download transcript
Marty sits down with Eric Semler to discuss why Semler Scientific chose to store their value in bitcoin.
Semler Scientific: https://www.semlerscientific.com/
0:00 - Intro
1:43 - Bill Walton
4:16 - TCS Capital and post dotcom
10:39 - River & Unchained
11:55 - Parallel between late 90s and today
16:24 - Journey to bitcoin
23:52 - Themes that lead to shorting the best assets
32:20 - Gradually, Then Suddenly & Zaprite
33:57 - Bitcoin’s relative upside potential
35:56 - Bitcoin as treasury asset
42:15 - Board members need more skin in the game
50:36 - Future of bitcoin
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Gradually, Then Suddenly
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0:00.0 | I think that board members generally are risk averse. |
0:06.0 | You know, they're not looking to take, to take a gamble on something like Bitcoin. |
0:11.0 | They see it as a gamble. |
0:13.0 | You know, I don't, but they see it as potentially a threat to their paycheck as a board member. Our board's different. Our board is mainly directors |
0:27.1 | who own a lot of stock in similar scientific. Our goal is to create value in the stock. |
0:35.7 | And that's why we were able to make this decision and why a lot of companies |
0:41.1 | won't be able to do it because they can't get that type of consensus on their board. And |
0:48.1 | their board members don't want to take what they perceive as that type of risk. |
1:01.0 | This rip of TFTC was brought to you by River. It's the best place to buy Bitcoin. |
1:03.0 | Go to river.com slash TFTC and enjoy this episode. You've had a dynamic. said. |
1:13.6 | You've had a dynamic where money has become freer than free. |
1:17.6 | When you talk about a Fed just gone nuts, all the central banks going nuts. |
1:23.6 | So it's all acting like safe haven. |
1:25.6 | I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins. |
1:32.3 | In the world of fiat currencies, Bitcoin is the victor. |
1:36.3 | I mean, that's part of the bold case for Bitcoin. |
1:38.3 | If you're not paying attention, you probably should be. |
1:41.3 | Probably should be. |
1:43.3 | My favorite Bill Walton memory. |
1:46.0 | I only saw him once in person. |
1:48.0 | It was at Madison Square Garden. |
1:50.0 | It had to be 2017 or 2018 when the dead were playing there. |
... |
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