Tad Smith joins Joe Burnett to discuss why he still favors bitcoin over gold, how AI is reshaping software, labor, and opportunity, and why he sees the current market setup as increasingly attractive for bitcoin and Strategy. They also dig into Digital Credit, the long-term potential of Strategy’s preferred products, the quantum cloud over bitcoin, and Tad’s new role leading Candy Digital.

Timestamps:

0:00 Intro

1:28 What First Clicked for Tad on Bitcoin

4:11 Gold vs. Bitcoin Right Now

6:51 Current Market Dynamics, Oil, and Volatility

8:46 Why AI Pressures Traditional Software

10:53 Why Tad Still Likes Palantir

13:03 The Fed, Inflation, and Global Liquidity

17:11 Weakening Labor Markets and Why More Printing Could Follow

19:49 Is AI Replacing White-Collar Work?

22:57 Tad’s Advice for Students and Young Workers

26:14 AI, Abundance, and Choosing Optimism

29:51 Where We Are in the Bitcoin Cycle

32:37 Does Bitcoin Have a Real Floor?

35:46 What Could Trigger Bitcoin’s Next Move Higher

38:52 Morgan Stanley, Quantum Risk, and Clearing the Clouds

46:56 Strategy, STRC, STRK, and Amplified Bitcoin

51:49 Is Stretch Strategy’s iPhone Product?

55:21 Tad on Candy Digital and Digital Collectibles

57:42 Final Thoughts on Fear, Resilience, and Happiness