In this episode, we sit down with Bobby Shell to discuss the two major ongoing wealth transfers—bitcoin and small to medium-sized businesses (SMBs). Bobby discusses his history growing a number of SMBs, and he explains how bitcoin holders may be well positioned to begin operating a small-medium business with their newfound wealth. Last, we discuss the impact of bitcoin on corporations, SMBs, and the individual, and how a bitcoin standard will likely lead to more localized entrepreneurial activity and fewer mega-corporations.
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TIMESTAMPS:
00:01:10 Bobby’s history helping build SMBs and Voltage
00:03:33 Two major wealth transfers—bitcoin and SMBs
00:12:16 Buying bitcoin vs buying an SMB
00:16:24 Holding bitcoin and using SBA loans
00:21:11 Private equity rolling up local businesses
00:25:00 Entrepreneurship from early wealthy bitcoiners
00:30:34 Will bitcoin create more opportunities for local entrepreneurs?
00:40:25 Does bitcoin bring power from the corporation back to the individual?
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