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

4 months ago
253

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
https://foldapp.com/marty
Bitkey
https://bit.ly/TFTCBitkey20
Unchained
https://unchained.com/tftc/
Zaprite
https://zaprite.com/tftc
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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