About this episode
Cem is the Founder and Senior Managing Partner of KAI Volatility Advisors. He is responsible for firm-wide management, as well as its Head of Research and Risk Management. Cem triple majored in Economics, Policy Studies and English at Rice University and holds an MBA from Northwestern University's Kellogg School of Management. Follow Cem on Twitter https://twitter.com/jam_croissant Learn more about his company https://www.kaivolatility.com/ IN THIS EPISODE: 0:00 Swan Bitcoin promo 1:18 Born in London, lived in Turkey, grew up in Houston and Oklahoma 2:55 Family's immigration stories 4:22 Grandfather fled Bulgaria 6:16 Early interest in social sciences, parents were engineers 7:47 Founding Kai Volatility Advisors 10:23 Equity volatility 12:27 Macroeconomic analysis, dramatic inequality, distrust of system 21:38 Fixing inflationary problem, Federal Reserve chairs before Paul Volcker 31:09 Control inflation with real supply-side responses 34:43 Equality and fairness relative to growth 38:14 Muddling through a recession like in the 70's 40:35 Why the timing was right for Volcker's moves in the 80's 41:45 What is Jay Powell going to do? 42:21 iTrustCapital promo 43:08 Bitcoin Amsterdam and Bitcoin 2023 promo 44:13 Fold app promo 44:42 Rebalancing takes time, no shortcuts 48:41 Decoupling the US dollar from the gold standard in 1971 52:05 Dollar is threatened, countries de-dollarizing; fairness is naive 55:08 Are Bitcoiners naive? 56:00 First discovering Bitcoin in 2009/2010 58:40 Money is power; future of BTC 1:02:24 Utopia vs. innate desire to compete 1:06:51 "I think rates are going to go a lot higher" in next 6-12 months 1:14:18 Collapse in market will trigger a pivot 1:15:10 "Market is not the economy. Economy is not the market." 1:17:32 Opportunity in this environment 1:19:30 Investing in anything close to government: infrastructure 1:23:19 UBI: Universal Basic Income 1:25:15 Sticky double-digit inflation in the next 5 years 1:27:38 Fed pivot affecting tech stocks 1:29:07 Crises are good because they rebalance things and drive future growth Coin Stories is powered by @Swan Bitcoin the best way to build your Bitcoin stack with automated Bitcoin savings plans and instant purchases. Swan serves clients of any size, from $10 to $10M+. Visit https://www.swanbitcoin.com/nataliebrunell for $10 in Bitcoin when you sign up. If you are planning to buy more than $100,000 of Bitcoin over the next year, the Swan Private team can help. Swan Bitcoin is hosting this year's inaugural Pacific Bitcoin event designed to deliver two days of Bitcoin-only programming featuring top experts and celebrity Bitcoin fans. This unique event November 10-11 in Los Angeles will give you the ability to meaningfully engage the Bitcoin community & industry insiders. Visit https://www.PacificBitcoin.com/ for tickets. Use code HODL for 30% off your pass. BITCOIN 2023 will be the BIGGEST BITCOIN EVENT IN HISTORY held May 18-20 in Miami Beach. If you missed Bitcoin 2022 head to @Bitcoin Magazine for highlights of all the biggest events and panels. You can get an early bird pass for Bitcoin 2023 at a steep discount at https://b.tc/conference/bitcoin2023. Use code HODL for 10% off your pass. With iTrustCapital you can invest in crypto without worrying about taxes or fees. iTrustCapital allows clients to invest in crypto through an individual retirement account. IRAs are tax-sheltered accounts, which means all your crypto trading is tax-free and can even grow tax-free over time. The best part is it's totally free to open an account, and there are no hidden fees, monthly subscriptions or membership fees. If you open and fund an account you will get a $100 funding bonus added to your account. To learn more and open a free account go to https://itrust.capital/nataliebrunell. Fold is the best Bitcoin rewards debit card and shopping app in the world! Earn Bitcoin on everything you purchase with the Fold's Bitcoin cash back debit card and spin the Daily Wheel to earn free Bitcoin. Head to https://www.foldapp.com/natalie for 5,000 in free sats! OTHER RESOURCES - Natalie's website https://talkingbitcoin.com/ - Kai Volatility Advisors https://www.kaivolatility.com/ - Cem on Twitter https://twitter.com/jam_croissant ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories BTC wallet bc1ql8dqjp46s4eq9k3lxt0lxzh6f2wcu35cl6944d ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW NATALIE ON SOCIAL MEDIA Twitter https://twitter.com/natbrunell Instagram https://www.instagram.com/nataliebrunell Linkedin https://www.linkedin.com/in/nataliebrunell ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ DISCLAIMER This show is for entertainment purposes only and does not give financial advice. Before making any decisions consult a professional.