When Shift Happens · Oct 1, 2026 · 1h 54m · 101m saved
With Jordi Alexander, Founder and CEO of crypto trading firm Selini Capital
Jordi Alexander says Bitcoin is very undervalued and that he has very high expectations for it over the next 12 months. He also says buying Bitcoin and waiting is no longer a complete plan, because quantum computing and the lack of a team coordinating Bitcoin's development create a tail risk.
Most crypto investors treat Bitcoin as the one answer. Alexander bought Zcash at around $300 to $400 as insurance against Bitcoin failing, and says no amount of money is enough to retire on, because the cost of a given lifestyle keeps rising faster than people's projections.
"People should not be thinking about any kind of retirement." — Jordi Alexander
Alexander, a former professional poker player and sports bettor, now runs a crypto trading firm with about 100 employees. This was his third annual conversation on the show.
The full interview is covered here so you can skip it. 1 hour 54 minutes of audio, 13 minutes of reading.
Here are the 14 calls that matter.
Key Takeaways
Calling a model AGI matters less than whether it replaces workers, and he says that is nowhere near happening
The "doers" will struggle more over the next 10 years, as AI labs automate the agent work they now do by hand
AI gets anyone to a 90th-percentile expert answer; judgment about which answer is right is what stays valuable
No amount of savings is enough to retire on, because the cost of a lifestyle keeps rising
Bitcoin is very undervalued, and he expects it to outperform as dollar devaluation becomes a mainstream theme
Quantum computing is a tail risk
Hyperliquid at about $80–90B in valuation, on under $1B of revenue, is not exciting to him
Zcash works as insurance on Bitcoin: if Bitcoin reaches $200K, he says Zcash can trade at $5K–$10K
Spend at least 10% of your income, he tells successful friends, mostly on health, experts and family
Citadel never pays anyone less than the year before; Alexander instead sets pay by personality
The biggest divide of the next 20 years will be healthy against unhealthy, mentally as well as physically
1. Health as a Moving Average
The conversation opened on Alexander's fitness. He said the way to stay consistent is to treat a goal like body fat as an average rather than a target.
A three-month average, not a one-day target, is what makes a health change stick
He said chaos will inevitably interrupt any routine, so the skill is recovering quickly rather than preventing setbacks. Once a target is reached, the job becomes holding it for three months, because bouncing off it again makes the effort useless.
