Onramp Bitcoin Media The Great Repricing: Gold, Bitcoin, and the End of Easy Money
Jul 23, 2025
Josh Phair, CEO of Scottsdale Mint and the Wyoming Reserve, shares his extensive experience in the precious metals sector. He discusses the growing intersection between gold and Bitcoin, highlighting their roles as scarce assets in the current economy. The conversation delves into the historical context of monetary systems and the strategic value of diversifying investments with both tangible and digital assets. Phair emphasizes the evolving landscape of wealth management and the importance of adapting to new financial realities.
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Origin of Scottsdale Mint
- Josh Phair founded Scottsdale Mint in 2008 from his guest bedroom during the financial crisis.
- He transformed it into a company serving 20+ foreign governments and central banks with precious metals products.
Bitcoin's Evolving Demand Thesis
- The thesis behind Bitcoin's demand has evolved but people buy it for diverse reasons today.
- Corporations now add Bitcoin to balance sheets, signaling its growing economic acceptance.
Sovereign Demand Drives Gold
- Central banks, especially since COVID, have been primary buyers of physical gold rather than consumers.
- Sovereigns add gold to their balance sheets as a strategic asset amid financial uncertainties.
