In this episode, Stephan reconnects with Stephen Cole to discuss the evolving landscape of Bitcoin, particularly focusing on the rise of Bitcoin treasury companies and the launch of Castle, a new venture aimed at automating Bitcoin treasury management for small and medium businesses. They explore the implications of Bitcoin adoption for small businesses, the importance of hard tech, and the potential for Bitcoin to serve as a foundational asset for future innovations. The conversation emphasizes the need for businesses to adapt to sound money principles and the role of technology in facilitating this transition.
Takeaways
🔸Companies upgrading to sound money is a positive trend.
🔸Castle aims to automate Bitcoin treasury management for SMBs.
🔸Dynamic strategies for Bitcoin acquisition can adapt to revenue fluctuations.
🔸Small businesses can benefit from Bitcoin as a savings asset.
🔸The failure rates of small businesses highlight the need for better financial strategies.
🔸Hard tech and sound money are interconnected for societal progress.
🔸Bitcoin's supply predictability offers unprecedented security for wealth.
🔸Investing in Bitcoin can empower small businesses against inflation.
🔸The acceptance of Bitcoin as a balance sheet asset is increasing.
🔸The future of venture capital may include Bitcoin-denominated contracts.
Timestamps:
(00:00) Intro
(03:05) The Rise of Bitcoin Treasury Companies
(04:30) Stephen’s background and introducing Castle
(08:52) Castle's Unique Approach to Bitcoin Treasury Management
(12:02) Automation and Integration for Small Businesses
(15:04) Sponsors
(20:00) Bitcoin adoption amongst Small Businesses
(25:00) Business Failure Rates under the Fiat Standard
(30:00) Ideology or Technology?
(32:23) The Challenge of Outperforming Bitcoin
(33:27) Sponsors
(35:15) Bitcoin denominated investing
(39:55) Should early stage start ups hold Bitcoin in Treasury?
(45:20) Hard Tech and Bitcoin
Links:
Sponsors:
Stephan Livera links:
