47: Cole Walmsley ON: A Bitcoin Renaissance

The Block Reward | Bitcoin For Beginners

20-08-2024 • 42 mins

In this episode, Scott interviews Cole Walmsley, a former professional poker player turned Bitcoin advocate. Cole shares his journey from traditional investing to discovering the transformative potential of Bitcoin. He discusses how Bitcoin can grant individuals financial freedom, challenge governmental control over currency, and potentially lead to a new Renaissance. Cole and Scott explore the concept of Bitcoin as a store of value and its potential impact on global wealth, productivity, and governance in the digital age.

Cole Walmsley is the founder and CEO of Gaiter Capital, a spiritual seeker and an insatiably curious human being who decided to skip college at 18 to play professional poker in Florida. He also has a book on its way, titled “The Bitcoin Thesis”.

Timestamps:

3:16 Why Bitcoin should not be priced in dollars.

8:12 How Michael J. Saylor does not fully understand Bitcoin.

11:41 Bitcoin’s value retention makes it the best money.

17:09 Incentives in private governance models for prosperity.

22:21 How Bitcoin transmits money with no borders.

28:55 Money being issued by an issuer is an outdated concept.

34:41 Bitcoin enables freedom by giving back time and value.

Connect with Cole on X and visit the Gaiter Capital website.

Resources Mentioned:

The Bitcoin Standard by Saifedean Ammous | Book

MicroStrategy | Website