Bitcoin & Sports Teams Are The Best Hedge Against Inflation | Chris Kelly

About this episode

Chris Kelly is a co-owner of the Sacramento Kings, founder of Kelly Investments, and a former Facebook executive. In this conversation, we break down why he owns bitcoin, how sports teams and bitcoin both work as scarce assets, Meta's big AI bets, and where AI and crypto are converging. We also discuss Sports One, his new venture bringing minority sports team stakes to the public markets. ==================== Arch Public is an agentic trading platform that automates investment strategies across Stocks, Commodities, ETFs and Crypto. Whether you’re rotating into AI & Gold, allocating to the S&P 500, or accumulating Bitcoin, Arch Public executes your plan 24/7 without ever taking custody of your assets or funds. Sign up today at https://www.archpublic.com , and start your FREE automated trading strategy! ==================== Uphold is the easiest way to buy and sell crypto unlike any other platform allowing you to trade in just one step between any supported asset. Check them out at https://www.uphold.com/pomp/ This video includes a paid sponsorship with Uphold. I’m compensated by Uphold for promoting its products and services and may receive commissions from referrals. Terms apply. Not available in all jurisdictions. Digital assets are risky and may result in the total loss of your capital. ==================== 0:00 - Intro 1:08 - Why Chris owns bitcoin 2:10 - Bitcoin vs sports teams as scarce assets 5:53 - Inside the Kings arena (tech, data center & ETH mining) 10:07 - Meta's AI spending & falling token costs 14:59 - OpenAI vs Anthropic & AI bubble risk 16:48 - Interest rates & the Fed 18:40 - Open source AI & Meta's strategy 22:05 - Investing across the AI stack & blockchain 25:34 - AI & crypto convergence 34:20 - Sports One: democratizing team ownership 41:01 - Equity vs token 44:00 - How sports & markets are changing