Ross Stevens: The Beauty of Bitcoin
At the MacroMinds Charitable Investment Symposium, Andrew Tsai, the Managing Director at PDT Partners as well as Co-Founder & Chairman at Chalkstream Capital Group and Ross Stevens, the Founder & CEO at Stone Ridge Asset Management as well as Founder & Executive Chairman at NYDIG, discuss the beauty of Bitcoin.
Timestamps:
0:00 - Welcome
1:19 - Who is Ross Stevens and NYDIG
6:00 - Inflation in the American Dream
7:33 - Cash is a Liability
8:57 - Bitcoin is Life Insurance
10:39 - The 2020 Stone Ridge Shareholder Letter
13:45 - Money is Technology
15:15 - Money is Title to Human Time
17:03 - Bitcoin is Our Peaceful Weapon of Choice
19:04 - Salability Across Time
23:18 - Bitcoin Within Corporate Balance Sheets
27:48 - Are You a Portfolio Manager
29:33 - Getting Onto The Bitcoin Standard
34:40 - Banks and Non-Interest Income
35:45 - The Bitcoin IndyCar
36:55 - Central Banks Fear Bitcoin
42:07 - Purchasing Bitcoin as a Reserve Asset
45:40 - Second-Layer Solutions
50:38 - The Critics of Bitcoin
51:57 - Building A Monetary Cathedral
54:10 - What Could Go Wrong
55:37 - Interest Paid In Bitcoin
56:36 - What Motivates Ross Stevens & NYDIG