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TFTC: A Bitcoin Podcast

#523: Why a Bitcoin Treasury is the Winning Strategy with Eric Semler

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 15 July 2024

⏱️ 56 minutes

🧾️ Download transcript

Summary

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


Shoutout to our sponsors:

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Transcript

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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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