Chris Kline
👤 PersonAppearances Over Time
Podcast Appearances
people just don't feel comfortable about retirement this isn't our grandfather's economy you can't just go buy a few stocks bonds live off dividends and that's because of how expensive things are getting this is i think a common misnomer for most folks is they think inflation is like a reset button of every year but it's actually cumulative my favorite comparison is there was a meme on x where i was like i'm on a weight loss program i gained five pounds a year ago i've gained 10 pounds a year before that 11 pounds a year before that but this year i lost four pounds
so why am i still fat well because it's cumulative prices are rising exponentially we're printing more money than we ever have before so at the same time where you're paying more today if you put even just a hundred thousand dollars in the savings account and just let it sit there the yield you're getting is not keeping up with inflation itself
It's a pleasure to be here.
This is great.
Yeah, so we sit, I mean, we all know what Bitcoin is.
I'm sure your audience has a good feeling.
We sit at the intersection of crypto and retirements.
About a decade ago, we had this crazy idea that it was that the world we're in a retirement crisis in this country at the end of the day, that whether it's our grandparents that don't know if they're going to live longer than their money or kids a little bit younger than you or Gen Z's, Gen Alphas that are saying the kind of thing retirement's kind of like this steep cliff that'll never happen or the middle group, which is
paying for their kids and paying for their parents and getting squeezed on pricing, people just don't feel comfortable about retirement.
And so you have, this isn't our grandfather's economy.
You can't just go buy a few stocks, bonds, live off dividends.
We built and designed the first platform that allowed folks to go into first Bitcoin.
That's why our name is Bitcoin IRA.
We're OG like that.
It was the only one in the space.
We're up to 80 now.
So people are investing in all kinds of different things on the platform these days.
Yes.
And it's also you get that big income gap just like you have in the real world.
So there's people that are the Northwest Mutual just came out with a piece right before COVID.