I Started in Bitcoin at $180 and In 2025 It’s Never Felt Cheaper

About this video

• Video Title: I Started in Bitcoin at $180 and In 2025 It’s Never Felt Cheaper
• Channel: Robin Seyr
• Speakers: Stephen Cole, Robin Seyr
• Duration: 01:11:36

Overview

This video features a conversation between Stephen Cole and Robin Seyr, discussing Stephen's journey into Bitcoin, the importance of decentralization in financial systems, and the future of Bitcoin adoption by businesses and institutions. Stephen shares his personal experience with Bitcoin, the founding of his company Castle, and his insights on the evolution of digital finance.

Key takeaways

• Bitcoin as a Default Savings Technology: Stephen Cole started buying Bitcoin in 2013 at $180 and considers it his default savings technology, putting all earned income into Bitcoin by default.
• Castle's Mission: Stephen co-founded Castle to simplify Bitcoin adoption for US businesses, enabling them to establish and manage Bitcoin treasuries.
• The Block Size Wars: A pivotal moment in Bitcoin's history that highlighted the importance of immutability and resistance to change, reinforcing Stephen's belief in Bitcoin's unique qualities.
• Financial Freedom and Censorship: The PayPal/WikiLeaks incident illustrated the threat of centralized finance and the importance of financial freedom as a foundation for other freedoms.
• Decentralized vs. Centralized Platforms: The discussion touches upon the challenges and potential of decentralized platforms like Nostr compared to established centralized platforms like Twitter, highlighting user adoption hurdles and the network effect.
• Institutional Adoption and De-risking: Bitcoin has undergone significant de-risking due to cleared regulatory questions and internal debates, making it a less risky asset with substantial future potential, despite its perceived high price.
• Future of Bitcoin Adoption: The trend of companies, from SMBs to larger institutions, allocating portions of their balance sheets to Bitcoin is seen as a healthy progression, with the potential for Bitcoin to become ubiquitous in financial systems.