The Hidden Link Between POKER and BITCOIN (Psychology of Money)

About this episode

The episode explores the connections between poker and Bitcoin through the lens of psychology, mathematics, and personal growth.

In this episode, Brandon Karpeles sits down with Brian Hirschfield (also known as Fundamentals), founder of Magic Internet Math, for a deep dive into the philosophy, mathematics, and psychology of Bitcoin. Brian shares why his true mission is building people up rather than just trying to "End the Fed," and how leaving a 30-year career as an actuary taught him the value of trusting the process. They discuss the fascinating parallels between the 2004 poker boom and early Bitcoin, exploring how bankroll management, risk tolerance, and unshakeable conviction are required to survive in both arenas. In this episode, we cover: Building People over Ending the Fed: Why Brian is focused on upgrading human potential so we are actually ready for a Bitcoin standard. The Poker to Bitcoin Pipeline: How the online poker boom of the 2000s—with its counterparty risks, site cheating, and need for intense conviction—was the perfect training ground for early Bitcoiners. Faith & The Fiat Trap: A discussion on the story of Ruth, taking leaps of faith, and why so many wealthy people are trapped in a fiat prison of their own making. Pure vs. Applied Math: Why viewing mathematics as an art…

People in this episode

Host: Brandon Karpeles

Guest: Brian Hirschfield

Topics covered

• Bitcoin
• Poker
• Psychology of Money
• Risk Management
• Mathematics
• Human Potential

Keywords

• Bitcoin
• Poker
• Risk Tolerance
• Bankroll Management
• Mathematics
• Human Potential
• Fiat Trap

Mentioned in this episode

Organizations: Magic Internet Math

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