BTC126: Redeeming GBTC w/ David Bailey (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 19 April 2023
⏱️ 68 minutes
🧾️ Download transcript
Summary
David Bailey and Preston Pysh get into an in-depth conversation about the GBTC Bitcoin Trust and all of the issues it's had over the past year and a half.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:29 - What backs Bitcoin?
10:27 - CBDCs and what happens next.
13:14 - FedNow and what happens after it's launch.
18:43 - The actual impact of picking winners and losers for decades on end.
20:14 - The Skull of Satoshi.
29:43 - What it's like building a Bitcoin media company as an entrepreneur.
29:43 - Growing the Bitcoin Conference.
45:32 - GBTC and the campaign for shareholders to redeem the Bitcoin in the trust.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:02.7 | Hey everyone, welcome to this Wednesday's release of the Bitcoin Fundamentals podcast. |
| 0:07.0 | On today's show, I have Bitcoin OG, CEO and owner of Bitcoin magazine, Mr. David Bailey. |
| 0:14.3 | During the show, we cover a lot of ground and in the middle of the discussion, David and |
| 0:18.2 | I get into an in-depth conversation about the GBTC Bitcoin trust and all of the issues |
| 0:23.9 | it's had over the past year and a half. |
| 0:26.5 | It understands it better than anyone I've ever interviewed. |
| 0:29.4 | So if you're interested in understanding everything that's gone wrong, you won't want to miss |
| 0:33.5 | that part of the interview. |
| 0:35.0 | We also talk about how David grew this massive Bitcoin conference from small to huge, bringing |
| 0:41.3 | in tens of thousands of people and household names. |
| 0:45.2 | And in general, this was just a really fun conversation and I learned a ton because David |
| 0:49.9 | is extremely smart and very articulate in the way he describes things. |
| 0:54.8 | So with that, sit back and enjoy this chat with the very thoughtful Mr. David Bailey. |
| 1:03.7 | You're listening to Bitcoin Fundamentals by the Investors podcast network. |
| 1:09.2 | Now for your host, Preston Pish. |
| 1:22.4 | Hey everyone, welcome to the show. |
| 1:24.1 | I'm very excited about this. |
| 1:25.6 | This is long overdue. |
| 1:27.1 | I'm here with David Bailey. |
| 1:28.5 | David, thanks for making time to come on the show. |
| 1:30.7 | Preston, thanks for having me on. |
... |
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