00:00So, Matt, before we let you go, I noticed that prior to Strive, you spent 15 years at CalPERS, one of the state's biggest pension funds, where you managed, actively managed fixed income portfolios.
00:10That's a pretty dramatic portfolio to go from the state world of fixed income to the Wild West of crypto.
00:15How did you make that move?
00:17It actually was the reason I became a Bitcoiner in the first place.
00:20I was managing a large portfolio of U.S. Treasuries.
00:24I was probably one of the largest buyers of U.S. Treasuries in the United States.
00:27And talking directly to the Fed, to the Treasury, it gave me conviction as a once Bitcoin skeptic that Bitcoin was the only answer to the debt crisis and the fiat currency debasement.
00:40And the fiat currency debasement as an investment opportunity is kind of becoming popular in Wall Street circles now.
00:47But for Bitcoiners, this was a core part of the thesis and obviously the other being true financial freedom and an opt out from a system.
00:54But the debasement trade, Bitcoin's the only answer.
00:58And I think that a lot of Bitcoiners, including myself and Strive, have conviction that the U.S. government's never going to stop printing money.
01:06The debt crisis is a bipartisan issue.
01:09And, you know, as an American, I'd love to see it be solved, but I am not optimistic on it being solved.
01:14And I think that only provides more and more tailwinds for Bitcoin and people that invest in Bitcoin.
01:20And I think that's a good point.
01:20And I think that's a good point.
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