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TFTC: A Bitcoin Podcast

#693: The War for the World's Reserve Asset with Ryan Gentry

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 11 December 2025

⏱️ 81 minutes

🧾️ Download transcript

Summary

Marty sits down with Ryan Gentry to discuss his new $220 million SPAC aimed at taking Bitcoin operating companies public, the five-year evolution of the Lightning Network from single-digit millions to $10 billion in annual volume, and why Bitcoin businesses are finally mature enough to compete in public markets.

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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. 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.

0:36.5

Ryan Gentry, I would say it's been a while, but it hasn't been a while.

0:40.5

We catch up behind the scenes quite frequently, but it's been a while since you've been on

0:43.8

the show five years, five years.

0:46.9

Five years depriving your audience.

0:50.3

For me, Marty.

0:51.5

I mean, but in serious, five years, that's a long time, especially a long time of Bitcoin, isn't it?

0:58.5

That's basically a third of Bitcoin's life we've gone without catching up on this show.

1:05.2

That's a wild way to think about it.

1:07.4

Yeah, I mean, five years ago, November 2020, Bitcoin was at what? Like mid-teens?

1:14.2

Let me check.

1:14.8

15K. So I just started buying.

1:18.8

I go on the five-year chart. It's been six. Like, it doesn't even come up on the five-year

1:23.2

chart at the, to all. Was it November 2020?

1:28.6

I think so, yeah.

1:30.2

Yeah, we were climbing.

...

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