Tom Schmidt

speaker
296 appearances 3 recordings 2 series first heard Jun 2026 last heard 29 Jun

Tom Schmidt’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 3.

Appearances

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I don't quite know how because I do find I'm not a particular big strategy or sailor bull, but he does have the ability to pull a rabbit out of a hat on demand.
So he'd be able to do something.
Yeah, I think there's a lot of businesses or investment charities that are sort of predicated on this idea of, you know, Coinbase, Keger from past, you know, decade or so.
But, you know, the problem is you don't eat Keger, right?
Like the United States, on average, is maybe, you know, a thousand feet above sea level.
And then you hit the Rocky Mountains and it's like, oh, shit, I was not prepared for this.
And the question is, how do you sort of, you know, moderate some of this volatility while you are structurally long term Bitcoin?
I think the plan is, you know, you should have more of a, you know, insurance fund for this kind of thing.
But ultimately, you know, if you're long strategy, probably you're buying stretch, you're also long Bitcoin.
The question is, you know, why this instrument to express that view?
Well, I see you wearing that jersey.
And really the question is, do you want to be Brazil or do you want to be Argentina?
And those are kind of the two paths open to you.
I think one is maybe, you know, short-term painful, long-term the better path.
The other one is you kind of kick the can down the road a little bit more.
I really am not the specialist, not the person to call when it comes to interrogating the psyche of Michael Saylor, which ultimately feels like you kind of have to understand and underwrite if you want to buy any of these assets.
So I don't know.
That's certainly an interesting area to specialize in in terms of the market, but...
I think if anything, again, I think you'd probably find some way to cover some of this short-term debt.
And then, hey, maybe we just give ourselves a little bit more window and hope that Bitcoin goes up in that remaining window.
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