Final Settlement E004: Bitcoin is the True Cost of Capital with Cam Doody
March 12, 2024
Onramp Media, the content studio at Onramp, produces Final Settlement to explore the bitcoin thesis in depth. In this episode, Onramp's Brian Cubellis and Michael Tanguma interview Cam Doody of Brickyard. The discussion reflects the participants' own views and is not investment advice from Onramp.
In Final Settlement E004, hosts Brian Cubellis and Michael Tanguma of Onramp speak with Cam Doody, founder of Brickyard, about bitcoin's role in capital allocation. Doody articulates a bitcoin thesis beyond price appreciation, explores how deflationary technologies like AI and bitcoin reshape venture investing, and shares why he frames bitcoin as a benchmark for the cost of capital and how it could change fundraising. Final Settlement is editorial commentary and is not investment advice.
Chapters
0:00 - Intro to Cam 4:58 - Articulating the bitcoin thesis outside of NGU 8:40 - Harnessing deflationary technology 13:53 - Founding Brickyard & transforming venture 26:00 - Efficiency & prudent capital allocation 33:00 - Bitcoin is the true cost of capital 38:15 - Sound money adoption begins with individuals 41:00 - Growth (via the internet) plus efficiency (via AI) 43:59 - A message from Onramp 44:15 - Leveraging deflationary tech like AI & bitcoin 48:00 - The future of venture fundraising 55:40 - Adoption curves & tipping points 1:02:33 - Synergies of bitcoin + AI 1:10:18 - Acceleration of technological evolution 1:13:05 - A new paradigm for bitcoin 1:19:00 - Recent investments & wrapping up
Frequently Asked Questions
Who is the guest on Final Settlement E004?
Cam Doody, founder of Brickyard, joins Onramp's Brian Cubellis and Michael Tanguma, introduced at the start of the episode (0:00).
How does the episode frame bitcoin and the cost of capital?
Doody articulates the bitcoin thesis beyond 'number go up' (4:58) and explains why he views bitcoin as the true cost of capital (33:00). This is the show's framing, not investment advice from Onramp.
What does the episode say about bitcoin and AI?
The conversation explores deflationary technology (8:40), leveraging AI and bitcoin together (44:15), and the synergies of bitcoin and AI (1:02:33).
How could bitcoin affect venture capital?
Doody discusses founding Brickyard and transforming venture (13:53), prudent capital allocation (26:00), and the future of venture fundraising (48:00).
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.