TFTC: A Bitcoin Podcast #693: The War for the World's Reserve Asset with Ryan Gentry
36 snips
Dec 11, 2025 In this conversation, Ryan Gentry, a Bitcoin entrepreneur and former Lightning Labs executive, discusses his ambitious $220 million SPAC aimed at taking Bitcoin companies public. He reveals how the Lightning Network has evolved to $10 billion in annual volume and why Bitcoin businesses are now ready for public markets. Ryan emphasizes the importance of public listings for access to capital and the inevitable adoption of Bitcoin by traditional finance, side-stepping co-option concerns while underscoring Bitcoin's role in reshaping global property rights.
AI Snips
Chapters
Transcript
Episode notes
Take Mature Bitcoin Firms Public
- Do target mature Bitcoin operating companies with revenue, product-market fit, and cash flow when taking firms public.
- Use public markets to unlock growth, capital access, and strategic advantages that private firms cannot access.
Bitcoin As A Peaceful Capital War
- Bitcoin's growth is a peaceful economic war for global capital that draws value away from other assets into BTC.
- As Bitcoin becomes a new store of value, capital reallocates from treasuries and bonds into Bitcoin.
Miners Bridged Into Hyperscale Energy
- Early Bitcoin public companies came from the energy/mining sector and built deep relationships with producers and utilities.
- Those skills later attracted hyperscalers who paid premium prices for the same infrastructure expertise.