Episode notes
In this episode of Cypherpunk’d, we sit down with entrepreneur and systems thinker Dan Schmitt to unpack why innovation is dying, why venture capital stopped funding real breakthroughs, and how financialization has quietly hollowed out capitalism.
Dan has built and scaled Inc. 500 companies without traditional venture capital — and now he’s on a mission to redesign the system itself through Open Source Capitalism and decentralized innovation models.
We dive into:
Why groundbreaking innovations are “sitting in closets” instead of reaching the market
How healthcare, education, and financial systems are producing the opposite of their original purpose
The rise of monopolies and the death of true capitalism
Why “funny money” and debt are driving systemic instability
How decentralization, AI, and new models of entrepreneurship could reshape the future
If you care about Bitcoin, decentralization, entrepreneurship, and the future of freedom — this conversation will change how you see the world.
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