How Bitcoin Can SAVE 2 Million Pensions and Stop a CRISIS... w/ Dom Bei

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4 months ago
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Santa Monica firefighter Dom Bei discusses his campaign for CalPERS Board of Trustees, aiming to represent 2 million pension members managing $500 billion. Bei reveals CalPERS faces severe underfunding at 75%, leadership turnover with 4 CIOs in 5 years, and missing major investment opportunities. He advocates for Bitcoin education among pensioners, drawing parallels between the "lost decade" in private equity and potential missed opportunities with Bitcoin. Bei outlines his vision for addressing the broken incentive structure, improving transparency, and engaging previously apathetic voters in California's largest pension system.

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Campaign site: ⁠http://Www.beiforcalpers.com⁠
Campaign Twitter: ⁠https://x.com/DomforCalPERS⁠
Proof of Workforce: ⁠http://Www.proofofworkforce.org⁠
Dom Bei on Twitter: ⁠https://x.com/Beiwatch_1⁠

Fold
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Bitkey
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Unchained
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Zaprite
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Salt of the Earth
https://drinksote.com/tftc

0:00 - Intro
0:32 - Opportunity Cost app
3:34 - Dom's background
10:36 - Fold & Bitkey
12:13 - How pensions got to this point
19:29 - Impact of failure
28:10 - Unchained
28:38 - CalPERS politicized
33:49 - How pensions should approach bitcoin
42:49 - How to educate
49:37 - Energy/mining
55:55 - Running for the board
1:08:52 - Roswell NM
1:12:33 - C2A

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