#715: $1.5 Trillion in AI Promises With No Business Plan with Gary Brode
TFTC: A Bitcoin Podcast
Marty Bent
4.8 • 804 Ratings
🗓️ 11 February 2026
⏱️ 75 minutes
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Summary
Marty sits down with Gary Brode to discuss why the market's reaction to the Warsh Fed nomination was wrong, the real drivers of inflation, the unsustainable economics of the AI hyperscaler spending boom, and why Bitcoin's long-term value proposition remains strong despite short-term price volatility.
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Transcript
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| 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 currency, |
| 0:24.4 | Bitcoin wins. |
| 0:25.3 | In the world of fiat currencies, Bitcoin is the victor. |
| 0:28.6 | I mean, that's part of the bold case for Bitcoin. |
| 0:31.9 | If you're not paying attention, you probably should be. |
| 0:34.6 | Mr. Brod, welcome back to the show. |
| 0:38.3 | Thanks, Marty. |
| 0:39.3 | Great to be here. |
| 0:40.3 | What a week. |
| 0:42.3 | What a week. |
| 0:43.3 | Thinking about, I've had a lot of time to prepare for the show today because we thank you for the last minute agreeing in this morning where you are night where I am. |
| 0:54.5 | We agreed to this, to this recording early in the morning for me. |
| 0:59.5 | You have since gone to bed, woken up, gotten your day started, and here we go. |
| 1:04.6 | And I think to start off, this phrase has been in my mind for last few days because my partner at 1031, John Arnold, |
| 1:14.4 | he writes our newsletter. And on Saturday, the sort of line he ran with was the Warren Buffett |
| 1:22.5 | line, prices what you pay, values what you get. And I uh we're in a market environment where people really |
| 1:29.4 | need to dig into that first principle and understand where the value is uh despite where prices |
| 1:35.4 | may be especially as it pertains to to bitcoin and you had that incredible tweet uh you sent out |
| 1:41.7 | i believe yesterday or the day before about Bitcoin. You've had some |
... |
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