Ex-Sotheby’s CEO: Bitcoin Changed Everything I Knew About Money | Tad Smith | BFM126

Tad Smith is the former CEO of Sotheby’s and The Madison Square Garden Company. Tad is a partner in the leading crypto growth equity firm 1RoundTable Partners/10T Holdings, and currently invests in companies at the forefront of both blockchain and AI.› Follow Tad:https://x.com/tadtweetsSPONSORS🧘‍♂️ Gain peace of mind withOnramp’s Multi-Institution Custody solution. Receive $150 in Bitcoin when you join viahttps://onrampbitcoin.com/bram🔨 Stamp Seed: The safest way to backup your hardware wallet - Get 15% off with codeBRAM athttps://stampseed.comPRODUCTS I ENDORSE› High-quality Bitcoin clothing:https://shop.bitcoinformillennials.com› Foundation Passport: a premium Bitcoin hardware wallet that I love. Get $10 off:https://foundation.xyz/bram› Buy Bitcoin in the EU 🇪🇺 viahttps://relai.me/bram and use codeBRAM to reduce fees by 0.5%🔔SUBSCRIBE TO GET NOTIFIED› YouTube: ⁠⁠https://youtube.com/@bramk⁠⁠› Follow Bram on ⁠⁠https://x.com/bramk› Nostr: npub1gfxgylgst4lcemkjth6xdvcvq7le8rtlrym7wayml63qrjggngaqkqescl🕑 TIMESTAMPS00:00 - Introduction to Financial Realities02:49 - Lessons from Traditional Finance05:39 - The Cost of Education and Debt08:24 - Investing in Real Estate: A Misstep?11:14 - The Burden of Debt and Lifestyle Inflation13:59 - The Importance of Financial Awareness16:40 - The Red Pill Moment: Understanding Money19:26 - The Challenges of Modern Investing22:11 - The Psychological Aspect of Investing25:00 - The Generational Wealth Gap27:35 - Conclusion: Navigating Financial Futures30:00 - The Changing Landscape of Wealth and Family Life31:48 - Understanding Risk in Financial Terms35:30 - The Importance of Time in Investment Decisions38:11 - Art and Luxury Assets as Investments50:52 - The Role of Bitcoin in Modern Investment Strategies56:09 - The Value of Bitcoin and Digital Assets59:47 - Traditional Finance vs. Bitcoin01:03:53 - MicroStrategy's Innovative Approach01:12:42 - The Future of Work and AI01:19:28 - Core Beliefs and Life's Purpose