Episode #26
#26 Kwasi Kwarteng: If You Can't Discuss Bitcoin With Clients, You're Not Doing Your Job
What happens when a Cambridge-educated monetary historian, former Chancellor of the Exchequer, and chairman of a Bitcoin treasury company sits down to talk about Bitcoin? You get the most intellectually grounded Bitcoin conversation the podcast has ever had. Kwasi Kwarteng - whose PhD examined the 1695 Recoinage Crisis, who wrote 'War and Gold: A 500-Year History of Empires and Debt,' and who now chairs Stack BTC - didn't find Bitcoin through the price. He found it through two decades of studying what happens when money goes wrong. This episode covers: • 'If you can't discuss Bitcoin with your clients, you're not doing your job.' The professional challenge every adviser should hear. • Why the age of an IFA almost perfectly predicts their Bitcoin attitude, and what a 25-year-old retiring in 2066 should be thinking about right now. • Boris Johnson called Bitcoin a Ponzi scheme. Kwasi's response: what does he think about fiat currencies that have lost 90% of their value in 50 years? • UK national debt: 311 years to reach £520bn (1694–2005). Then quadrupled in 21 years. • The 1695 Recoinage Crisis: England's silver coins were secretly debased to half their value. Sound familiar? • Central banks printing money, then buying gold to hedge against their own printing. 'Protecting themselves from themselves.' • Why Kwasi sees Bitcoin as the logical successor to the gold standard. • Stack BTC's dual model: Bitcoin treasury plus cash-generative businesses, and why a pure Bitcoin play is harder in London than on NASDAQ. • The UK's post-2008 anti-innovation mindset: the IPO market has collapsed, the dynamism is gone, and London is ceding ground to Paris and New York. • What Bitcoin has given Kwasi beyond the price: a framework for understanding value, money, and what 'fiscal incontinence equals monetary debasement' really means. Sign up to my newsletter - https://hub.thebitcoinifa.com/newsletter Website - www.thebitcoinifa.com We always recommend watching ‘What’s the Problem’ by Joe Bryan: https://bit.ly/jbwtp DISCLAIMER: This podcast is for FCA-authorised financial advisers only and is not for retail clients. The views expressed in this content, and all other content on this channel, are those of the individuals speaking and do not constitute financial advice or a recommendation to invest in any product, asset, or strategy, including those discussed in sponsored segments. This content is for educational purposes only. Always do your own research and consider all relevant risks before making any investment decisions.
