

The $100 Trillion Bitcoin Wealth Transfer Nobody's Talking About | Joe Consorti | BFM173
33 snips Jul 24, 2025
Joe Consorti, Head of Growth at Horizon and Theya, is a Bitcoin and global capital markets expert. He discusses his journey from traditional economics to embracing Bitcoin as a hedge against fiat currency pitfalls. Consorti critiques the Federal Reserve’s policies and highlights how Bitcoin is evolving as a reliable store of value, particularly for millennials. He also explores the potential shift of investments from real estate to Bitcoin, showcasing the innovative strategies for homeowners to leverage their equity for Bitcoin investments.
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Joe's Bitcoin Discovery Story
- Joe Consorti discovered Bitcoin during college spring break 2020 lockdowns when authorities restricted access, triggering skepticism about centralized power.
- He used business proceeds to invest in Bitcoin and rapidly deepened his conviction through extensive reading and research.
Bitcoin vs Fiat Economic Flaws
- Joe realized Keynesian economics taught in school didn't reflect real-world economic distortions caused by central bank interventions.
- Bitcoin aligns with Austrian economics, providing a hedge against fiat money's systemic flaws and incentives.
Fed's Flawed Economic Goal
- The Federal Reserve prioritizes keeping GDP and stock markets positive at all costs, manipulating economic cycles artificially.
- This flaw incentivizes near-term consumption and discourages long-term investments crucial for real prosperity.