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TFTC: A Bitcoin Podcast

#615: How Bitcoin Can Avert A Pension Crisis with Dom Bei

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 5 May 2025

⏱️ 77 minutes

🧾️ Download transcript

Summary

Marty sits down with Dom Bei to discuss the state of CalPERS.


Campaign site: http://Www.beiforcalpers.com

Campaign Twitter: https://x.com/DomforCalPERS

Proof of Workforce: http://Www.proofofworkforce.org

Dom Bei on Twitter: https://x.com/Beiwatch_1


0:00 - Intro

0:32 - Opportunity Cost app

3:34 - Dom's background

10:36 - Fold 7 Bitkey

12:13 - How pensions got to this point

19:29 - Impact of failure

28:10 - Unchained

28:38 - CalPERS politicized

33:49 - How pensions should approach bitcoin

42:49 - How to educate

49:37 - Energy/mining

55:55 - Running for the board

1:08:52 - Roswell NM

1:12:33 - C2A


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Transcript

Click on a timestamp to play from that location

0:00.0

You've had a dynamic where money has become freer than free.

0:10.0

If you talk about a Fed just gone nuts, all the central banks going nuts.

0:16.0

So it's all acting like safe haven.

0:18.0

I believe that in a world where central bankers are tripping over themselves to devalue their

0:23.5

currency, Bitcoin wins.

0:25.3

In the world of fiat currencies, Bitcoin is the victor.

0:29.2

I mean, that's part of the bold case for Bitcoin.

0:31.8

If you're not paying attention, you probably should be.

0:36.2

What's up freaks?

0:38.0

Sitting down with Don Bay running for the board of trustees of Calpers.

0:43.0

Dom, welcome to the show.

0:45.1

Thanks, Marty.

0:46.1

And what else?

0:47.9

What is up, freaks?

0:49.0

How is everyone doing today?

0:50.5

I hope everybody's doing well.

0:52.3

Vives are high here.

0:54.6

Been vibe coding. The vibes are high because the vibe coding's been up. I vibe coded something

0:59.7

last night. Feeling pretty excited. Nice. What were you working on? Is it a top secret or?

1:05.0

No, I think by the time this episode airs, I'll have released it. But it's a very simple product.

1:13.2

A browser extension that allows you to put the price of goods that you may or may not be buying in sats alongside

1:19.0

dollars so that you recognize the opportunity cost of purchasing things. I like that.

...

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