081 - Glenn Cameron: Bitcoin, Institutions & Mass Adoption

Free Cities Podcast - A podcast by Timothy Allen - Fridays

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Bitcoin, ETF, Institutions, Finance, BlackRock, Pensions, Debt, Free Speech, Censorship, Deflation, ESG, Gold. Timothy Allen talks with Glenn Cameron. Glenn is a senior investment consultant who was recently appointed as Head of Digital Assets at Cartwright, the independent privately-owned pension actuarial, consultancy and administration firm. If you’re a financial layman like myself then it's easiest to think of him as the guy who deals with institutional investors regarding Bitcoin.  Bitcoin's institutional investors have been somewhat dramatically cast into the limelight recently with the SEC’s decision to allow the approval of spot Bitcoin ETF products for US citizens. Most people acknowledge that these developments are ushering in an new era of institutional adoption of BTC with some saying that it also grants a new level of legitimacy to the decentralised money, so I was extremely happy to sit down with Glenn and get his experienced opinion on what's going on and what this means for the world of finance and individuals who want to be self-sovereign with their money. This was a great conversation full of excellent insights from the world of legacy finance and will be of great value to anyone who wants to understand Bitcoin’s path forward towards mass adoption. Many thanks to Glenn for giving me some of his precious time, and don’t be surprised when you hear somebody knocking on his door vigorously during the episode.  Glenn's dog escaped and a kind neighbour was returning it. Sorry, I couldn’t edit it out of the episode without compromising the content. Enjoy the conversation. Contact the podcast: ⁠[email protected]⁠ Free Cities Telegram Community: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://t.me/+im6c6r4jQkUzMjU0⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LIBERTY IN OUR LIFETIME CONFERENCE: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://libertyinourlifetime.org/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Make a small weekly donation to support the show: ⁠⁠⁠⁠⁠⁠⁠https://www.patreon.com/FreeCitiesPodcast/⁠⁠⁠⁠⁠⁠ TIMESTAMPS 00:30 Introduction. 5:06 - How did you discover Bitcoin? 10:51 - Can institutional investors buy non-ETF Bitcoin? 19:10 - Coinbase is a junk bond. 27:40 - The complexity of the financial system and the role of central banks in creating money. 35:04 - Has the BTC ETF approval given validity to Bitcoin? 40:08 - Bitcoin not blockchain. 48:00 - The potential risks and implications of a hypothetical entity with the power to create money out of thin air. 52:58 - Bitcoin as a hedge against central banks' money printing. 57:54 - Bitcoin's collision course with traditional financial systems. 1:02:05 - The impact of digital technology on money and power, with a focus on decentralization and autonomy. 1:10:00 - Bitcoin and its potential for wealth preservation, with a focus on its limited supply growth and historical context. 1:16:35 - Deflation and the potential benefits of a deflationary economy. 1:21:30 - Bitcoin's potential to address social and environmental issues. 1:28:46 - Using Bitcoin for employee benefits, with tax implications. 1:38:56 - Bitcoin education. 1:45:07 - Investing in Bitcoin and gold during inflationary times. 1:52:29 - Government debt and economic instability. 1:59:49 - The history of fiat currency and its impact on society. 2:06:31 - Bitcoin and its potential to create self-sovereign communities, with mention of stablecoins and volatility. TWITTER: Timothy Allen: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/MrTimothyAllen⁠⁠⁠⁠⁠⁠⁠⁠⁠ Free Cities Foundation: ⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/freecitiesfound⁠⁠⁠⁠⁠⁠⁠⁠ OTHER LINKS: Cartwright: https://cartwrightbenefits.co.uk/ Free Cities Foundation: ⁠⁠⁠⁠⁠⁠⁠⁠https://free-cities.org/⁠