The Christian Bitcoin Podcast - Bitcoin and Fiduciary Responsibility
Meet Wyatt O’Rourke, founder of Basilic, a wealth management company with an investment thesis centered on bridging the gap between a Bitcoin standard and traditional finance. https://basilic.io/
Tim and Wyatt discuss how Bitcoin fits into the landscape of traditional financial advisors, and how it informs Christian generosity and financial plans.
00:00 – Introduction
01:45 – Why do Bitcoiners need a financial advisor?
03:26 – Consultants vs fiduciaries
07:22 – Churches and fiduciary responsibility
09:56 – Bitcoin is not an investment
12:17 – The Church runs on earthly resources 14:48 – Basilic etymology
15:38 – What does Bitcoin have to do with being a Christian?
18:03 – Bitcoiners as nobles
20:13 – Staying humble, stacking sats, and false humility
25:47 – Bitcoin, generosity, and financial plans
30:50 – How does Bitcoin help the poor from a Roman Catholic perspective?
38:33 – How Bitcoin ties in to the doctrine of sin
41:45 – Frustration in orange-pilling church leaders
46:47 – Responses to the volatility objection
49:56 – Framing the fiat system as evil and putting money into a system (Bitcoin) that your enemies use
55:21 – Bitcoin is hope*
58:14 – How to connect with Wyatt