Stop Saving Cash. Do This Instead.

[00:00:00]If you go back to your basics, the more of something there is, the less valuable it becomes. If you have $10 and 10 apples, well, each apple, you would assume costs $1. If you increase the money supply to $20, but there's still only 10 apples. Those 10 apples now are going to be worth $2 each. We do have this thing called Bitcoin that allows you to be your own bank. I chose Bitcoin as my ride or die because Bitcoin has a finite amount.

[00:00:34]>> This is your host Nurse Ralph. Today I got Vans from the Bitcoin Broadcast Podcast who's going to help me give you your dose of orange pill so you don't die from fiat disease. Vans, man, welcome to the podcast. How you doing?

[00:00:47]>> I'm doing good, man. Uh, thank you for having me on. It's a pleasure. Uh, how are you doing?

[00:00:52]>> I'm I'm good, man. It's it's nice to talk to another podcaster, you know, sometimes it's like it's like how does it feel to be on the other side of the podcast?

[00:01:00]>> It's I know it's weird. Um being on this side of the podcast is like >> I like being on that side of the podcast. [laughter] >> I don't I don't mind. Um I' I've done I've done plenty of these in like the past year uh since I started my podcast.

[00:01:16]So >> uh I'm getting more used to just you know talking about whatever. Uh I'm I'm like a pretty open book. I'll share um most things about myself. You know, some people like to kind of guard it, protect it, their privacy and stuff, which I understand.

[00:01:31]>> Yeah.

[00:01:31]>> Um I'm all for that.

[00:01:32]>> Yeah.

[00:01:33]>> But uh I think it's it's good to share your experiences, especially with something like Bitcoin. I think it helps other people grow uh and then they can relate to your story. And so I'm I'm just a pretty open book, so I don't mind uh jumping on other people's podcasts and sharing.

[00:01:50]>> Yeah. Yeah. I love that. I love that.

[00:01:52]Yeah. Same. same here. I'm like, "Yeah, you know what? Might as well. There there are a lot of people that do want to stay private, but you know, it's like how are you going to make people relate to you if you don't show what you do and and show your improvement and stuff?"

[00:02:03]So, I agree. I agree. I agree. And uh you know, uh they are they're saying that Bitcoin is dead right now. So, I was thinking about, oh, is it a good idea to do this podcast? Are we wasting our time? [laughter] >> What do you think about this this time?

[00:02:14]I know, right? What do you think about the the the bearish uh sentiment right now, man?

[00:02:18]>> Oh, let's see. So, uh, I used to get really scared when Bitcoin would fall.

[00:02:25]Uh, >> oh man, I I remember my the first bare market, um, the first big one, and I was like, watching your net worth drop that much >> is uh it's terrifying, dude. It's like >> uh you think it's dead. You you start seeing the headlines. You start reading everything. All your friends come out, if they know you're into Bitcoin, they all come out and say, "Are you okay?"

[00:02:48]Right? And they're like, [laughter] you know, are are you sure you're into Bitcoin? Um, you haven't talked about it much lately. And it's like, yeah, I know it's down like 50 60%. I get it. Uh, but dude, I now I get pumped.

[00:03:01]>> Yeah.

[00:03:01]>> Um, >> yeah, >> I'm excited because when Bitcoin's down like this, you take advantage of it.

[00:03:08]And, uh, I'm a pretty greedy person, you could say. I like to I like to gain wealth. I like to gain as much Bitcoin as I can along the way as well. So >> when Bitcoin's down 50 60% that that's just a discount to me, dude. Like I just want more and more and you know it was kind of weird this last bull market we got up to like 126 and I was looking at my Bitcoin stack and uh I was telling my wife like man I don't know if we can like get any more like unless all of a sudden we start making a lot more money.

[00:03:43]I'm like, I don't know if we're going to be able to grow this Bitcoin stack anymore. Like, we can still DCA, but like it's going to be a slow grind if Bitcoin starts cruising to like 150, 200, 250.

[00:03:55]>> Yeah.

[00:03:56]>> And when we topped out and we came back down below 100K, my mind kind of switched and it turned into like >> it's go time. like we need to make as much money as possible like always, but >> we need to we need to start stacking again cuz this I think this might be our last time.

[00:04:17]>> Yeah.

[00:04:17]>> That you can really stack hard um and make and get like a meaningful amount of Bitcoin, dude. And so I'm >> I'm stacking as hard as I can right now.

[00:04:27]I don't care if it goes lower. If it goes to 40K like some people are predicting, >> um then it is what it is. I'll I'll still buy.

[00:04:36]>> Um I don't care >> if it goes if I'm predicting my this is my own personal opinion, not financial advice. Um if it goes down to 50K, that's my kind of target range is right around 50. So 48 to 50 is I think we might get a wick down there. Who knows?

[00:04:54]>> Yep.

[00:04:55]>> That's my goal. Um I have some cash saved up. If we drop below 55, I will probably start unloading that like even heavier. But I've been buying heavily.

[00:05:06]Um bare markets typically last about a year. Uh we'll see if that happens because we didn't get a blowoff top in the uh bull market. So we might not get a deep bare market. And I think people >> are estimating that we're going to get, you know, 75% below the all-time high, which would put us at like $32,000. And I'm like, dude, I don't know if I can see that. Times have changed. You know what I mean? like Bitcoin's grown so I don't know if we see that kind of bare market and it's already middle of June um whenever this comes out maybe it might be July I'm not sure but uh >> you know it >> it's it's a great time to buy I'm excited um I don't stress about it I set my DCA so every morning at 8 am uh I get a notification that I've bought x amount of dollars of Bitcoin >> Yep. And every time it drops an extra 5%, I go into my exchange and I smash buy some more. That's how I do it.

[00:06:08]>> Yeah. No, I love it. I know that's that's exactly how I feel, man. It's like right now it's like the it's we we have an opportunity to stack so so much more. Like this is like this is the time to start learning and stacking.

[00:06:21]Honestly, like I want to personally I'm like I want to thank all the people that are selling Bitcoin right now to go jump into these uh AI IPOs or whatever the hell they doing. I'm like, "Hey, thank you for giving me the chance to to buy Bitcoin again below 100,000 cuz honestly we like like I mean I think the next bull market I mean we may not like you said we may not get Bitcoin below six figures again like you know I mean once people understand what this thing is I mean I think this is you remember I don't know if you know the the first the first price pred the first price prediction that um uh Alfany did was like 10 10 million per coin back in like when um like I think it was like the week after Bitcoin came out he was like oh if the uh the total wealth is like anywhere between 300 trillion or something like that then he's estimating that if Bitcoin captures everything it will be 10 million and I'm like hey this is not even a this is like a 90 this is you want you have Bitcoin on a discount right now like as long as you can exchange pieces of paper or fiat money for Bitcoin you are early so get as much of it as possible Don't save your money in something that somebody can create more of and and enjoy life, man. You know, the bare market is like it's like the greatest thing ever. Like I I used to stress about it a lot too, but now I'm like now I understand it. I'm like, "Oh, this is so good." Like the longer it stays around 90 I mean I mean um around um 60,000 the more stats I get.

[00:07:48]So I'm like, "Hey, I'm winning regardless." So I'm okay. [laughter] >> Same, man.

[00:07:54]>> Yeah. No, I love it. I love it. And uh before we dive more into Bitcoin, man, tell us a little bit more about your yourself and your journey before Bitcoin.

[00:08:02]>> Yeah. Um so I uh I'm originally from Colorado. Um and uh so now now I live in Florida, but uh grew up in Colorado and um I don't know how far back you want me to go, but I found Bitcoin in about 2017. Um the end of the end of that bull run um >> around like when it was like 13,000 or something. And uh I was just buying I I was learning to trade stocks. I had a very very boring job.

[00:08:31]>> Yeah.

[00:08:32]>> And uh I spent like nine hours in an office a day type job. And uh I I didn't know what else to do. I literally just sat there and replied to emails when emails came in. Like that was it. And >> so I was like I don't know what else to do.

[00:08:48]>> And I started to learn how to trade stocks >> and make money on the side, you know?

[00:08:53]Yeah. And uh all of a sudden everyone just started talking about Bitcoin in 2017. It went from like whatever two $300 to 20,000 and on the way up. So I like I bought like 50 bucks, like really small amount. And uh I was also pretty poor. I think I was only making like 40k a year or something, dude. And uh so so I'm I'm broke. Uh I'm married. We just like paid for our wedding. And so I just start investing small amounts like 50 bucks a month into this thing.

[00:09:24]>> Yeah.

[00:09:25]>> And uh I didn't know what it was. And eventually um I quit my office job and started working with my dad. Uh he was doing he he's owned his hardwood floor business for uh you know 30 years. And so I was like all right we wanted to learn how to trade stocks together. And so but I started getting into Bitcoin a little bit. So when I was working doing hardwood floors, I started listening to podcasts like nonstop. I was listening to 6 to 8 hours a day of Bitcoin podcasts. Yeah.

[00:09:58]>> And which led me into so many different rabbit holes. And >> you know, you start going down like what is money type thing. And >> all of a sudden, Bitcoin just started making more and more and more sense. But then 2020 happened. And as soon as 2020 happened, that was like my big aha momentum for Bitcoin cuz we had so many things that were so backwards um and uh the government overreach, the the money printing, the amount of inflation that we all experience to this day from that.

[00:10:36]>> Yeah. Um, and you know, it was so funny cuz when when Trump came out and said like, "Oh, I'm going to send you guys checks."

[00:10:45]And then Biden did the same thing, you know, stimulus checks, at least here in America. And they're like sending out these checks. All my friends were pumped. They're like, "Free money, man."

[00:10:55]And, you know, they're buying things like GameStop. They're are, you know, trying to book vacations, buying cars, all this crap. Um, and I I was like, "Guys, this isn't free money. This is going to cost us. Like, this is expensive." Yeah.

[00:11:12]>> And I told him, I was like, "I'm putting this into Bitcoin. I'm putting every dollar the government sends me in the mail, this check, I'm putting it straight into Bitcoin." And we did that.

[00:11:22]My wife and I, every time we got a check from them for COVID, >> we put it straight into Bitcoin. Y >> and uh >> which was like a blessing. Yeah. Um but man, CO really opened my eyes to the the amount of like control the government can have over society >> and the amount of fear that people saw and I was like something's very very broken here.

[00:11:50]>> Yeah.

[00:11:51]>> And the answer was Bitcoin. And luckily I had been learning about Bitcoin beforehand and that's it clicked man.

[00:11:58]Yeah, >> I was like, Bitcoin solves this issue.

[00:12:01]Like, >> and I I needed to have more Bitcoin. I was obsessed with it. I still am.

[00:12:08]>> And that's I mean, that's my my story of how I got into it. And um >> and then I I was silent for many years.

[00:12:16]I just was buying Bitcoin. You know, the more money I made, the more I DCA.

[00:12:21]>> Yeah.

[00:12:21]>> Um >> and now sitting here, I I was like I started my podcast like a year ago, a little less. um just like you kind of did cuz I was like, you know, I'm not going to be silent about it anymore. I kind of want to talk about it. Yeah.

[00:12:33]>> And talk about my experience and um talk about what I've learned along the way.

[00:12:38]And so now I'm here uh you know, >> Yeah. I love that.

[00:12:42]>> Spreading it.

[00:12:42]>> Yeah. I love that. I love that. You know, it's crazy too. It's like there's so many like co like made turn like turned so many people into big corners.

[00:12:50]Like it's it's wild to see like it's like it's like yes, it was bad. A lot of people died, but at the same time it was a blessing. It's like uh it's like we need to like >> it's almost like you feel like you need to thank Jerome Pal for just printing 40% of all the money that was ever to to ever create to be created. It's it's it's a wild man like co was and and to be honest like I I didn't even think much of it when it happened. It was it was it wasn't until like after I think I think it for me it was like 2022 2023ish that that's when I was like like reading more about it learning about inflation CPI and I was like wait what like how did this happen and nobody nobody like around me cared. I think I think I think you're right with the >> the scare tactics and so and all of that. They made you afraid to do anything. But then a lot of people had so much time at home to to to think to read to actually learn and for the first time we actually like stepped away from our like the the the the I guess that that that uh hster wheel you know like people actually had time to think and we were like oh wow something happened here something is broken and we need to look into it. So no that's yeah co yeah co was uh yeah a curse and a blessing at the same time.

[00:14:02]So thank you J. Yeah that's crazy. I mean I I completely agree, dude. Like it without co I think I would have made it uh to my Bitcoin conviction eventually.

[00:14:13]Yeah.

[00:14:13]>> But CO just escalated it.

[00:14:16]>> And I mean the majority of people that I talked to on on my show, they say that uh CO was their experience too that that woke them up. And there's just so many things that we can get into later that that I woke up to. But um >> but knowing about Bitcoin was like the biggest blessing during COVID times.

[00:14:37]>> Oh yeah, for sure.

[00:14:37]>> And uh >> so I'm glad I'm glad it happened. Like you said, like a blessing and a curse type thing, you know.

[00:14:44]>> Yeah. And I agree. I agree. And and growing up growing up uh what did your your your family teach you about money?

[00:14:52]So, it's kind of funny because my dad has a degree in finance, but uh he he didn't teach us about money.

[00:15:00]>> He um you know, he he had this degree.

[00:15:03]He used to work at big firm um and then he moved us to Colorado from Chicago when we were uh when I was like 2 years old and he started his own uh hardwood floor business and uh so he just never talked about money, you know, he he owned his own business. He made good money except for like in 0809 the great financial crisis. Um that was tough.

[00:15:27]>> But he he didn't tell us or teach us about money. I had to learn about it on my own. But what's kind of weird is >> uh when I was growing up I was I'm one of four. So I have a older brother, two younger sisters.

[00:15:42]when like my grandparents or my aunt and uncle or someone would give us Christmas money. Um well, sorry, Hanukkah money.

[00:15:50]Well, I was raised Jewish. Uh >> um but anyway, when we'd get holiday money, my my siblings would spend it almost immediately.

[00:16:00]>> Um you know, they'd go buy new clothes, new whatever.

[00:16:03]>> And I was always the one that saved it.

[00:16:06]Mhm.

[00:16:07]>> And my parents did recognize that as we were growing up. Like I even to this day, they're like, "No, like I'm the most financially responsible still."

[00:16:17]Yeah.

[00:16:17]>> Out of my siblings. Like my brother, he'll get, you know, he'll get a a big check at work and like he'll go buy whatever. Like I think he bought a boat like recently. I'm like, "Bro, like [laughter] >> like what are you doing?" And uh I'm like, "I know you don't make bank. Like why are you spending [laughter] that on a boat?" and um and my sisters like they're just not as financially literate and I try to help them. Um >> and I for some reason I was always way more conservative with my money. I was the one that would go out >> and uh mow my neighbor's lawns for 20 bucks, you know. So I was that type of kid. I would be selling things um you know like trading Pokemon cards back in the day. um Beanie Babies. Like I I was I was always kind of like I collected things that I thought had value. I would sell things for money and I would save my money. That's just I didn't learn it, I don't think, from my parents cuz my parents they spent most their money.

[00:17:20]Like uh I hate to say it, but my mom and dad are still working and they're in their 60s. My my dad, I think, is uh like 64. My mom is 60. Mh.

[00:17:30]>> And I don't see them being able to retire anytime soon. I mean, hopefully, but they're still working. Like, they spent their money.

[00:17:41]>> Yeah.

[00:17:41]>> And they did have four kids. I get it.

[00:17:44]Um, >> but man, like I don't want to be in that position. I don't want to have to work when I'm 60, 65. I want >> I don't want to have to work right now.

[00:17:54]I want to be able [laughter] to do what I want. Like, that's what you want, right? financial freedom is the goal >> to spend your time how you want. And so yeah, my parents didn't really teach me that. I I learned it from somewhere and I don't know where cuz >> ever since I was a kid, that's just how I was.

[00:18:11]>> Yeah. Yeah. Yeah. I never Yeah, you're right. Like I never like the idea of just working until 65 and then you get to enjoy that little bit of left of your life to to hopefully if you're not sick or unhealthy, whatever to to hey go on trips while you're old or whatever. I'm like, "No, man. That's not that never really sat well for me." Like, I think that's that's why I started like, you know, I started training, trying to make more money and and all that and eventually got into Bitcoin. So, yeah, I definitely agree. And it's so sick because it's like, you know, I feel like if it wasn't for for Bitcoin, it's like we never really ask ourselves the question, what is money? Like we, you know, the saying how we work like 80,000 to 100,000 hours, but nobody asked the question, what is money? until I think it's like 2020 I think when I first heard uh when Sailor first said when the the Sailor series when they they what is the what is money show and I was like oh okay interesting what is money and then people start asking more question and then so I started learning about like you know money versus currency and all that and and there are other people that were talking about this uh a lot of um gold bugs like the you know Mike Maloney from um I don't know if you you've seen the um was it um the um what what's his show again? Uh he has a he has a thing about currency where he talks about uh the hidden secrets of money. I don't know if you've seen that one.

[00:19:32]>> I haven't. No.

[00:19:33]>> No. Yeah. Yeah. It's it's pretty good.

[00:19:34]It's old. It's like 10 plus years old, but but they were talking about it, but and then I think eventually he did mention Bitcoin in one of his later episode, but they they are old episodes.

[00:19:45]So, a lot of guys knew about it, but these things were never really questions that people ask like, "Oh, what is money? What are we working for? or we exchange our time and energy for something that somebody can create but nobody cared like and and and I feel like because inflation was like you know I guess 2% or whatever you know like people never question it because you know it's it was steady and then like once something broke and they had to print a lot of money and people were like whoa whoa whoa what happened what is going on I think I think we needed something to happen to to wake a lot of people up so yeah that that's yeah man it's crazy man it's crazy yeah and Um, what is uh what what was there a specific podcast that you you listened to um back then that helped you understand um Bitcoin and money better?

[00:20:32]>> Yeah. Uh the main podcast that I attribute this to is uh Peter McCormax.

[00:20:37]Um he's not the host of it anymore, but um what Bitcoin did.

[00:20:42]>> Uh now it's run by Danny Nolles, who used to be the producer for Peter McCormack. Um, and so I I listen to him a ton. Um, I don't remember exactly when his podcast started. I think it started in like 2019 or something or 2018 maybe.

[00:21:00]Um, but he he started asking just the dumb questions of Bitcoin, like the very very basics of like what is Bitcoin?

[00:21:11]Like how many Bitcoin are there? And it's like oh 21 million. And I was like, "Oh, okay." Like I needed I needed like elementary school teaching for me to get there. And that's what it was is it was like, you know, and then eventually he was bringing on these economists, you know, and then you'd see people that studied like macro, you know, Lynn Alden. Um, and then you start bringing in uh, you know, like traders and like Willy Woo. And then it's like I don't know. I I was just learning so much about every aspect of Bitcoin. I'm not a technical guy, so like don't ask me about, you know, like too much of like, you know, I'm not going to be able to help you out with the technical aspect of Bitcoin. Like I know I know the fundamentals. I know what Bitcoin is.

[00:21:58]>> I know, you know, what it >> what it can be in the future.

[00:22:02]>> Um >> but that's that's all I really needed.

[00:22:07]um I I should learn more like you know don't like Bitcoin mining I'm like yeah I know the basics you know but like if you tell me to you know build a Bitcoin miner like no way like I'm not going to be able to do that. Uh but yeah so it was mainly that podcast. Uh I listen to Anthony Pompiano. I listen to uh Robert Breedlove what is money um podcast. So luckily a lot of those guys uh they blew up pretty big and um I found them along the way and was able to, you know, educate myself through free content.

[00:22:40]>> Yeah. Yeah. Yeah. That's that Yeah, that's amazing, man. Yeah. I know. Thank God for those guys for real. And uh let's say without without going too technical, let's say you let's say you at a a restaurant with your friends and you have your friend Jackie who's like uh who who picks up the bill and she's like, "Oh, what the heck is going on here? Why why is this thing so expensive? Why why are they keep Why do they keep increasing the price of of of the food? And and you had some time to talk to her and explain to her what the problem is and and how Bitcoin could be a solution. What would you uh what would you tell her? How would you explain that to her?

[00:23:15]>> I usually when something like that happens, I usually mention something about, you know, how how much money they can print. Um like we were talking about with COVID how they printed like 40% of the money supply. Um it's it's really really difficult to do in a short period of time to someone because for someone to understand it it >> they have to kind of like rewire their brain to think differently. um you can't it's hard to be like, you know, well that's inflation and then they're like, yeah, I I guess so. Like everything's more expensive. And then everyone blames, you know, the rich people or the the president at the time. Um but no one knows like where it comes from. And if they're willing to listen, it's it's usually uh I start with inflation. I start with money printing. Um, and if they seem interested, then you can go into things like, well, money's not scarce. You know, that's why gold was uh so popular and still kind of is. And, you know, the US dollar used to be backed by gold. um until 1971 when Richard Nixon took us off the gold standard and you know the US promoted that to the its citizens at the time as a good thing like that we can produce more for you know wars uh our economy will boom we can we can build more our infrastructure will get better uh so they presented it as that and what ended up happening is is the complete I mean yes they were able to build things yes things did happen but that wasn't just because of them um that was mainly I mean because of independent people that were you know the entrepreneurs that were trying to do that but what the government what it allowed the government to do was print unlimited money >> and basic with a push of a button they could create money out of thin air which if you go you know back to your basics If there's, you know, the more of something there is, the less valuable it becomes. You know, if you have $10 and 10 apples, well, each apple you would assume costs $1. If you increase the money supply to $20, but there's still only 10 apples. Those 10 apples now are going to be worth $2 each.

[00:25:52]>> Yeah. Well, you keep increasing the amount of money that's supply and demand, the amount that those goods and services, it's going to go up.

[00:26:02]Everything is going to cost more. And so, >> um, it's almost like childish, but people don't think about it.

[00:26:11]>> And when you tell them that they printed 40% of the money supply, >> they are like, "Huh?"

[00:26:19]>> They're like, "Okay." Yeah. But no one knows how many dollars are in circulation, right? So >> you produce trillions and trillion. I think it's like 8 trillion dollars within like a year and a half or something.

[00:26:32]>> Mhm.

[00:26:33]>> In 2020 into 2021.

[00:26:36]Um yeah, things are going to go up.

[00:26:39]>> Yeah. because all the money that you have in your savings account just got diluted by the amount of money that they printed, sent you your $1,200 check and gave the rest, you know, to corporations, gave the rest to PPP loans, which like celebrities were collecting million-dollar checks >> and, you know, NOS's, uh, nonprofits, they were all making so much money off of COVID >> and we were stuck with $1,200 $00 and inflation.

[00:27:10]>> Yeah.

[00:27:11]>> And then all of a sudden, just like I told my friends when they were spending their $1,200 and I said I was buying Bitcoin, um all of a sudden inflation comes around and Yeah. They say it was 9%. We all know it's higher. It got higher than 9%.

[00:27:28]>> Yeah.

[00:27:29]>> You know, how much did your stake go up?

[00:27:32]How much did gas go up at the time? How much did housing go up? Yeah, >> we all know that you are paying way way more for simple goods and services than you were just 6 years ago.

[00:27:46]>> Like an an astronomical amount of money.

[00:27:49]>> Yeah.

[00:27:49]>> That >> people can't afford to to pay for anymore unfortunately.

[00:27:54]>> Yeah. And if you are not investing your money into something, then you're going to get left behind because inflation will eat away at your purchasing power. You know, I if your dollar can only buy 50 cents what it, you know, what it used to be able to buy, then you just lost 50% of your purchasing power just by leaving it in a bank account.

[00:28:20]>> Mhm.

[00:28:21]>> And so you have to put it into something. And I chose Bitcoin as my ride or die because Bitcoin has a finite amount.

[00:28:29]>> Stocks, >> yeah, >> stocks can be produced. Um, they can be split. They can issue more shares.

[00:28:37]>> Um, they also are very manipulated.

[00:28:40]>> Oh, yeah.

[00:28:40]>> Gold.

[00:28:41]>> Gold people are constantly I think it's like 2% a year or something. I don't remember the exact number. I think it's like 2% a year of the supply of gold goes up. Um, so the supply of gold also doubles. What is that? It's like >> 35 36 yearsish. Yeah.

[00:29:00]>> Yeah.

[00:29:01]>> So, uh, I wanted to buy something that had a finite amount. You cannot print more Bitcoin. And I know I kind of got away from your original question of how would you tell them about inflation, but like that's the rabbit hole you go down when you try to explain why something is more expensive. Mhm.

[00:29:19]>> Um because most people, if you read the headlines, if you go on Instagram, if you go on Facebook, um a lot of the stuff you'll see is it's it's the rich people's problem, right? It's the wealthy. It's the greedy corporations that caused this. It's their fault. They stole your money.

[00:29:38]>> Yeah.

[00:29:39]>> But that's not true >> because money is infinite. You know, it's not a it's not a pie chart. It's not like, >> you know, the rich people have most of the pie chart and there's only this much left for you.

[00:29:53]>> That's not true. If you want to get rich, you can get rich, too. You can make more money. The rich people figured out a way to acquire more money by producing something, >> right?

[00:30:06]>> And so, it's not their fault. It's the Federal Reserve's fault for printing the dollars.

[00:30:13]>> Yeah. Yeah. Uh, sorry, got off topic, but that's where I >> No, no, that's No, that's that's No, that's fair. No, that's fair. I mean, it is you you're right though. It's it's one of those things you it's it's hard to explain like in a short period of time. No, I agree. It's a It's such a It's something that you need to like you need to sit down and spend months. I mean, I don't know how many hours you I mean, you I mean, shoot. I mean, I know I know for sure I'm probably at like it has to be over 5,000 hours for sure by now because I'm just like I spent so much. It consumes all your time. And now that I'm starting to get it, but like it's like it's like even then I'm still like there's still so much I don't know.

[00:30:53]Like although like yes, I know I know quite a bit. Like you said, I'm not I'm not I'm not as technical either. I don't I still don't know a lot of things about the mining and all and all these stuff, but but yeah, it takes it takes it takes a long time. And and you know um and the thing too it's like uh they don't teach you a lot about it in school as well where it's like the our education system is just it's trash, right? Like it just feels like we just learn about like unnecessary crap. Even the history that they teach you is just ter it's it's trash history. [laughter] It's like we don't learn about anything about money. the things that actually matters like how to, you know, when you get out of school, when you get out of college, how to actually the things that matter, the things that you need to to to to do as an adult. You learn that as you go. Like school like I I don't remember what I did in school to be honest with you. Like I don't remember anything in high school. I just remember I just remember hanging out with my friends. I don't remember anything that I learned really. I just, you know, my ma math I was okay with, but like I don't remember anything else other than that really. It's it's it's sad. Have you ever heard of the fleas experiment?

[00:31:58]Um how when they put Yeah. It's like like you know how fleas can they can jump like I don't know like 3 feet or something like that and then there's a video of like a guy that put him in a in a draw and then he covered the draw for like I don't remember how long. And then after a while the fleas were just jumping about like like maybe like I don't know a maybe one foot. And then when he when he um uncovered it the fleas did not go up any higher. They just stayed at that that level. And it's the moral of the story was that like if you train them u for long enough if you train them that oh this is your limit you will never go high again like you'll never be able to to achieve your full potential. And I feel like that's what they did with us where they just trained you, hey, you go to school, you do this, you stay at your level, you don't don't learn, don't you you like they they basically took away all of our dreams and all of our like like like you know like like imagination and then most people just trust the process. They go on with their life and then they're still 65 70 and they're still working and they don't realize what happened, what what went wrong. Nobody talks, you know, it's like it's like oh this is I don't know. It's it became a new normal now, you know? So, it's like Yeah. Yeah.

[00:33:09]It's It's crazy.

[00:33:10]>> No, dude. The education system, man, that was a a tough one to learn that that was kind of a scam. And then you learn the history of the educa, like the public education system, you know, the Rothschilds. Yeah.

[00:33:25]>> Um, and Carnegies and like >> it's not pretty how it was developed and it's made to make >> uh employees. Mhm.

[00:33:34]>> You know, you look at a at a school and a prison and they look pretty similar, right? Like you go to school, you sit down, you shut up, and you listen. You don't question authority.

[00:33:46]>> You don't get creative. You don't try and think outside the box. Even though they'll tell you, "Oh, think outside the box," you know, in some art class. And it's like, "Dude, you're not thinking outside the box at all." Like all these teachers are they're just glorified students by the time they become a teacher. Like look at the teachers now.

[00:34:07]Like oh my gosh I I look at them and it's like >> these people have like blue hair and nose rings. And I'm sorry not all of them. I know there's a lot of really good teachers out there and I do know some of them. Most of them are they lean socialist. Most of them lean Democrat.

[00:34:26]Um, if you lean Democrat, I don't care.

[00:34:29]If you lean socialist, I kind of care because now you're messing with my livelihood.

[00:34:33]>> Um, and so that bugs me that it's it's indoctrination. And teachers go from, you know, all the way up until college.

[00:34:42]They get their teaching degree and then they get like some certifications along the way, but then they're right back in school teaching the same crap that they just learned. Yeah. They have never experienced a job outside of that necessarily besides maybe, you know, when they were going through school, they might have been like, you know, a waitress or something. They've never had to create anything. Um, and so they they get stuck in this flywheel of like, I'm doing good. I'm I'm teaching kids. I'm educating kids. And like >> you're dumbing them down. And with your flea experiment uh or story, >> it's it's a glass ceiling essentially, right? Mhm.

[00:35:22]>> It's you have to shatter that expectation of you know kind of like what I was saying with the pie chart and wealth like you realize you can make more money >> than you know making minimum wage or getting a 2% 3% raise in your job.

[00:35:39]>> You can make unlimited money.

[00:35:41]>> Like we might have Elon Musk the first trillionaire and I know that's going to piss people off and I think that's fine.

[00:35:47]>> Um I don't care how much money someone else has. That's >> has nothing to do with me. I want to earn as much money as I physically can.

[00:35:55]And [clears throat] how are you going to do that? Well, you're not going to do it typically >> with a 9 to5. You're not going to do it teaching. So, those people have no incentive to teach how to make money because they don't know how to make money.

[00:36:08]>> Yeah. Um, I do know that there are statistically a lot of millionaires that come out of um that are produced from teaching because teachers have to get really frugal with their money because they don't make much.

[00:36:20]>> And so, >> uh, I I did learn that some teachers >> Yeah.

[00:36:25]>> learn how to invest and they invest early on and they invest for a long time. So, yes, you know, they they come out a millionaire when they retire at 60 or whatever from teaching. Um, but it's not very common. And dude, I don't want to be rich by the time I'm 60. I want to be rich now.

[00:36:44]>> Yeah.

[00:36:44]>> I want to be I want to enjoy my time now. Like I I understand like getting rich quick is uh typically a scam.

[00:36:53]>> Mhm.

[00:36:53]>> But you can still live a better life than living off 50, 60, 70 grand a year, >> right?

[00:37:00]>> Like there are options. And once that, you know, lid is lifted, uh, it takes it takes someone to to actually critically think about what they can do to break out of there and learn that they can jump higher than just a foot.

[00:37:18]>> Um, >> and so I think that was a great example.

[00:37:21]I'm going to hang on to that one for myself.

[00:37:23]>> Oh, yeah. Oh, yeah. No, you know, it's it I love I love that that one. And and I think it's like the same in um even the same in healthcare sometimes, too, right? given for doctors as well. Um, I mean, I guess we we can dive more into health for sure because I feel like every Bitcoiner eventually as we understand like how, you know, how money works and how wealthy we will eventually become, um, we start taking our health a little bit more seriously and and and it's sad to see that like the the the teaching in in the healthcare system is very like similar where it's like it's I I mean, I talked to a few uh a few doctors and it it's like they only get one hour of nutrition um like um class and it's like what like nutrition is basically everything but they are it's like their brain goes from like oh you have a problem let me give you a medication um let me give this medication it's like okay not everything has to do with medication and yeah I mean before I I'm not I'm not going to talk too much about that I don't want to piss a lot of people off but like I know um you've posted on eggs that you uh you had quite a you have quite an interesting health journey man like um from like struggling with like um anxiety, depression, alcohol, being on SSRIs and stuff like that. And and dude, you're doing so good. I mean, dude, congrats, bro. You are you're Wow. You cuz I I used to work in um as a detox nurse and I've seen a lot of people in your shoes and they it's not that easy to to to like get over all these things.

[00:38:53]So, man, so tell us how did you do it, man? How'd you do it?

[00:38:58]>> Yeah. Yeah. So, uh, for for people that don't know, um, yeah, I I used to drink, um, a decent amount and it was like, you know, of course when you're in college, you drink a lot, right? Like you party.

[00:39:11]It's just part of college these days.

[00:39:13]It's dumb. Well, when I graduated college, it was uh, it was just on and off, drinking, not drinking, slowing down, but I was still partying like pretty often. And all of a sudden, I developed I started developing like really bad anxiety. And this was like right before 2020.

[00:39:31]>> Mhm.

[00:39:32]>> Um it was like a it started out with like social anxiety and like >> I would get I couldn't eat in front of people. So it was almost like an eating disorder mixed with social anxiety and it was really weird. I'd never experienced it before and I swear it happened because I was drinking too much. Like >> it affected my brain. and it affected my body.

[00:39:53]>> Um, my body was telling me like screaming at me like, "Stop drinking."

[00:39:57]Well, I did the opposite of what my body was telling, >> which most people do when you kind of already have a problem. Um, so I started drinking even more because my anxiety would get bad.

[00:40:11]>> Mhm.

[00:40:11]>> And so to combat my anxiety, I would drink, >> right? And then because that would take the edge off, it would help me relax and then I could fall asleep at night. Um, but then I'd wake up the next day and the anxiety would be it would be worse because I drank the night before. And um, I did this for so many years of on and off, you know, throwing up in the morning and >> feeling like complete garbage for so long. And I don't I applaud my wife for sticking with me like through this time because it was like dark, man. Um, I got I got really depressed. um you start questioning things like why am I alive?

[00:40:54]Like this sucks. Because when you're not happy >> for multiple years in a row, >> um it's really hard to to wake up in the morning. Yeah.

[00:41:05]>> It's really hard to smile.

[00:41:07]>> Yeah.

[00:41:08]>> And the drinking continued and it went on and on and eventually >> um my wife and I, we moved from Colorado to Texas and I got really homesick. I didn't real I didn't think I would get homesick, but I did. And once again, I turned to alcohol and the anxiety was like full throttle, man. Like I was struggling to like get out of bed. I was I didn't have a job at the time because I quit my job to move to Texas because of my wife's work for context. So, she was working. I was not. I was trying to figure out what I was going to do.

[00:41:43]>> Yeah.

[00:41:45]I turned to alcohol hardcore and eventually that's when the depression set in and my mom called me. Dude, I remember this phone call. I'll probably never forget >> and she called me and she was like, "How are you doing?" And I was like, >> "I'm not doing good, mom."

[00:41:59]>> I was like, I mother's intuition like it it had been a couple months since we talked on the phone and she just called me out of the blue >> and I was like, "I'm not doing good."

[00:42:09]Like and I started crying.

[00:42:10]>> Yeah. And she was like, "When you get home," because I was out on a walk at the time, I would try to go for daily walks to get sun. And >> uh it would help my anxiety.

[00:42:21]>> Yeah.

[00:42:21]>> And so [clears throat] she was like, "When you get home, I need you to go find a doctor." And I was like, "Okay, I I will do that." Cuz she was like, you know, you're scaring me. I I want you to take care of yourself.

[00:42:31]>> So I did. And I found a doctor and I show up to this doctor and she is like, "So you're dealing with anxiety?" I'm like, "Yeah, here's a pill." And I was like, "I just take this." And I was like, "Is there any side effects?" "No, you're fine." [laughter] "Oh, okay." And I was like, "Can I eat and drink whatever I want on this pill?" She's like, "Yep, just take the pill. You'll be fine."

[00:42:56]>> Okay. Um my journey and that's got me on my SSRI journey. Um, so I was on SSRIs, uh, which is an anti-anxiety, anti-depressant for those that don't know. Um, I was on that for, uh, about a year and a half, two years. And, uh, >> man, those things will take you for a wild ride. Um, >> you have high highs, you have low lows, and you feel like a zombie most of the time. Um, and then if you try drinking on an SSRI, oh, those that will mess you up, dude.

[00:43:33]>> And um, [clears throat] >> so then I really started going uh deeper into the health aspect of Bitcoin. Like, you know, what is money? And then I was like, people start talking about eating healthy, exercising, and like taking care of yourself, um, you know, for the future. And I was like, "Okay, I should start probably doing this." And then my wife and I are talking about, you know, having a kid. And I'm like, >> I struggle to take care of myself.

[00:44:04]>> How am I going to take care of a baby?

[00:44:06]>> Yeah.

[00:44:06]>> If we decide if we get pregnant right now, I that terrified me.

[00:44:11]>> So, I I quit alcohol. Um, >> it sucked, man. Um, I had withdrawals and things like I wasn't like a a drinker as in like wake up and drink. I was like a every evening I would have like multiple glasses of wine type drinker.

[00:44:27]>> Yeah.

[00:44:27]>> Um but I still had withdrawals at night like night sweats and stuff. Um it took like a week and then I just started feeling so good >> and then >> I was still taking the SSRI >> and so I was taking the SSRI and they started giving me anxiety >> because I wasn't drinking anymore. So, it like switched. It was like my body was trying to get healthy, but the pills were making me unhealthy.

[00:44:55]>> Yeah.

[00:44:55]>> And um I I I started cutting my my anxiety pills in half.

[00:45:01]>> And uh because I tried quitting cold turkey one time and I got really bad like really really bad uh brain zaps as they kind of call it >> and I had really bad uh vertigo. So, it felt like I was like falling through the floor.

[00:45:15]>> Yeah. So, so I weaned myself off of SSRI slowly. It took a couple months.

[00:45:22]>> Um, I haven't had alcohol now. Yeah. In I think it's like almost a year and a half or something. I don't really keep track cuz I don't really care to drink anymore. I just I feel phenomenal. Um, I have I've been on I've been off of SSRI now for a very long time and I'm so grateful >> that the Bitcoin community kind of pushed me down this health rabbit hole >> of be cognizant of what you put in your body cuz that's, you know, it's your fuel. It it fuels your brain and when you're putting pills and poison like alcohol in your body, like I don't care if people drink. That's fine. Um >> but if you start developing a problem, >> maybe take a look at that alcohol that you're drinking cuz >> it's probably a culprit.

[00:46:14]>> And so I I just quit. I was like, I I want to be as happy as I can. Um I started lifting. Um started getting really into fitness. Mhm.

[00:46:24]>> And uh so I work out four to five times a week now. Um >> like I said, I don't drink at all. We'll still go out and it's fine. Like I have zero problem >> um >> with alcohol or anything. I'll still drink like a non-alcoholic beer >> uh just to kind of like fit in or something. But [laughter] >> but I don't touch I don't touch any substances other than nicotine. Nicotine is one thing I still touch. Yeah. Um it it was a long long journey and it was a very >> painful one to come out of >> and I mean h if I if I had known how good I feel today um I wish I would have done it a long time ago because I I feel like I wasted a solid 5 years of my life from my late 20s to my early 30s I feel like is a blur.

[00:47:15]>> Yeah. Like you know when you're in depression and you're like >> you're drunk all the time every night and you're >> oh the the miserable feeling every day that I had like that's no way to live man and I'm so grateful >> that I came out of that. Um >> and I I do give props to Bitcoin for it because I don't know I maybe I would have found it on my own. I'm not sure, but Bitcoiners really helped with that because Bitcoiners like to take care of what they put in their bodies. They're >> um >> you know, low time preference, delayed gratification, and you want to live longer. You want to eat the steak, get sun.

[00:47:55]>> Yeah.

[00:47:56]>> Um eat protein, >> drink your water, like >> Yeah.

[00:48:00]>> the stupid stuff that we should all know.

[00:48:03]>> Yeah.

[00:48:04]>> And do. So, sorry that was kind of long, but that that was how it went.

[00:48:09]>> Yeah. Yeah. Yeah. No, I know. That's uh it's it's a it's a it's a great story, man. Honestly, like and dude, that's it's impressive that you you went through all of this cuz I mean, from seeing like how um um other people how they deal with it. Some sometimes they just like go a lot of them, they just go more into um they get more depressed.

[00:48:29]They just go they stay on the pill. they just they don't really try to like or sometimes it's their environment sometimes that you know they don't have enough support. So I mean it it it is tough and I know um um I mean from seeing like people withdraw from different substances like alcohol is by far one of the most dangerous things to withdraw from like for sure especially with the like the risk for seizures and stuff like that. It's >> you die. Yeah.

[00:48:56]>> Yeah. Yeah. It is. It is. It's no joke honestly. Like and it's crazy because it's like it's available everywhere. So like if you get hooked on this thing like it it's that's it. Like you can like it can easily ruin your life just just by like I don't know just if you have too much stress and then you rely on alcohol. Yeah man. It's it's dangerous. It's really dangerous. But unfortunately it's everywhere. And that's, you know, it's one of the first drugs I feel like most kids, you know, you go to college, hey, hey, let's drink. Like, you know, and like like you, like when I was in college, man, I I used to I used to out drink like guys that were like six over six foot tall. I used to outdrink everybody. And then eventually I was like, "Okay, I this is this is not good for me." And and I was I was I always like to exercise as well and all that. And I noticed how it was like not, you know, helping me. and and I eventually cut back a lot. And oh yeah, I I wish I never touched it to be honest. I mean, yeah, I'll drink here and there. Um I don't have a problem with it, but yeah, it it is it is a hard drug, man. And I wanted to go back on the uh um SSRIs and stuff like that cuz I found it funny that your doctor was just like, "Oh, yeah, there's no side effects. Just take it, whatever." Have you ever looked at the list of the side effects of SSRI, dude?

[00:50:11]>> Oh my gosh.

[00:50:12]>> Oh, it's so bad. Like you >> so bad. [laughter] Yo, that that is one drug I will never ever touch. My like one class of drugs I'll never take. It's like it's like it's like your anxiety can get worse.

[00:50:23]Your depression like you can get even more suicidal. Your your sex drive might drop like dizziness, nausea. Like the list of side effects is insane. And then they just prescribe these things like it's like freaking M&M's. It's like yo, like oh my god, that's sick, man. I'm glad you were able to >> to get up for that, man. That's that's wild, dude. That's >> No. No, the the fact that my doctor was like, you know, there's no side effects is wild to me because uh I experienced um less anxiety at first and then it was very ramped up anxiety and then it was less anxiety and then she tried to double my dose, dude. Like I she went she took me from 10 millig to 20 and I thought my I thought my brain >> was literally like on a treadmill going like 60 m an hour. Like it it felt like it was buzzing >> and >> all I could do was nap. That was the only thing that I could do to take care of it. And it was so miserable.

[00:51:24]>> And uh like I said, I had to cut him in half and uh eventually. But, >> oh man, I experienced all the symptoms like um the sex drive like >> um erectile dysfunction. Dude, can you do you know how how much it sucks to like kind of have erectile dysfunction when you're like 28 or 20? I think I was like Yeah. 29, maybe 30. Like >> Yeah. Oh, yeah. It stresses you out even more. Yeah.

[00:51:48]>> It's like it's >> it's so demoralizing. And then you're told that you when I when I moved here to Florida, so this is when I I finally got off of them. Um moved here to Florida and I ran out of my anxiety medication.

[00:52:04]>> And so I called my doctor in Texas and I was like, "Hey, I'm running out of these. Can I have more?" Um because I know once I stop taking them, I get vertigo. So I was like, "I need these pills."

[00:52:15]>> Yeah.

[00:52:16]>> They're like, "No, you have to come in."

[00:52:17]I'm like, "Well, I'm in Florida."

[00:52:19]>> Yeah. And so I I had to I went through another phase of vertigo uh because I ran out.

[00:52:25]>> Found a doctor here in Florida.

[00:52:28]>> He he was better. He talked to me about my uh diet and exercise and things like that, >> but he still didn't want me off the pills, >> right?

[00:52:37]>> He told me that I'd probably have to take them for the rest of my life.

[00:52:41]>> Yeah.

[00:52:42]>> And I told him I'm going to get off of them.

[00:52:45]>> Yeah. And I went from 10 milligrams down to five, five down to two and a half, two and a half, you know, into these little like crumbs. [laughter] I was like sprinkling cuz you don't know what you're taking at that point. I just wanted to avoid vertigo as much as I could. So I weaned myself off for um >> I want to say it took like two months.

[00:53:06]>> Yep.

[00:53:06]>> Um every time I would drop down a dose, I would wait a two weeks or so. So, it took a long time and I still had some vertigo, still had some anxiety and that's when the workouts I had to go to the gym because the gym >> would clear my mind, it would exhaust my body and it would help me with my anxiety. And now, sure, I still get normal anxiety like uh stressed about things or >> I get nervous for certain things. Um, but that's just like that's just being human, right? I don't need a pill for that, >> right? Oh yeah. Yeah. You don't need to I mean it's like stress is a that's a normal part of life. You like you're going to be stressed out about something. It you don't need Yeah. You don't need a pill for stress. It's like Yeah. Just you and and and also I I guess I guess I don't want to I I guess I don't want to say it like oh the doctors are evil necessarily. It's like that's all they know, you know? They just know meds, you know? They they they they see it. I I w I do wish that like we lived we lived in in a system where you know where the medical system cared more about like your lifestyle in instead of like prescribing you I guess like selling you a product you know like it it feels like it's like that >> you know that Rockefeller style where it's like oh yeah we just they're just selling products it's just um we need to like rebuild the medical system again where it's like okay doctors now have more than 10 minutes to to sit with a patient and they can actually talk to them about, oh, what are what did you what are you eating? Are you, you know, are you walking enough? Are you getting enough sun? Like, yeah, it needs like a total, you know, reboot. And maybe at some point in the future, you know, maybe uh, you know, when we get when we educate people and we maybe when we get enough Bitcoiners, you know, up in power, um, so we can take over the medical system and the government hopefully. I don't know, man. I'm just I'm I'm I'm shooting high out here.

[00:54:59]>> It'll happen. [laughter] Yeah. Yeah. I mean cuz cuz honestly like I I mean if >> like I mean my kids and you know a lot of a lot of people like Bitcoiners kids they are going to follow our footsteps and they're going to try to build like a future where that that their parents like created you know like if we are starting to cut down this like this like whatever like this this this fake reality with fake fiat money and we're trying to build a new reality for our kids. I think I think eventually the world will be better and and and talking about that actually like if if 20 years from now, how do you see the world if if Bitcoin does stay decentralized and secure?

[00:55:39]>> Oh, I mean I I'm very optimistic um about the future for that reason. Of course, I I watch things and I see the direction that we're going and it's that's a very pessimistic view of uh UBI and uh you know um digital IDs um >> being controlled and censored and uh not being able to travel where you want because of you don't have this vaccine type stuff >> which we already kind of experienced and >> it's that is only going to get worse.

[00:56:15]>> Yeah.

[00:56:16]>> But we do have this thing called Bitcoin that allows you to be your own bank. Um, and when I say that, like you can have your own Bitcoin in your own custody and no one else can touch it. Um, without your permission. Uh, of course, people are always going to be like, well, what if they come and break into your house and force you? Okay. Yeah, sure that can happen. But I would still rather be my own bank than have than have all my money, you know, with Charles Schwab or Chase or whatever. Yeah.

[00:56:54]>> And they can shut down your bank account whenever you want. Like what happens to your money when um in 20 in might even be like 10 15 years from now when all of a sudden your carbon tax has been reached and you can't eat more steak and >> they're like hey according to your bank account you have spent you know way too much on steak. So now >> you can no longer spend your money on certain types of foods. What then? Well, I will have my Bitcoin. I can still buy steak from a rancher around in Florida that accepts Bitcoin. And guess who can't stop it? The government. No one can stop these transactions.

[00:57:38]>> I'm I'm my own bank. I own my own money.

[00:57:41]>> And that is the definition of sovereignty and freedom >> is I don't have to ask permission to do something with something that I own.

[00:57:50]>> Yeah. Um, and that's the future I want to see for people that see it that way.

[00:57:57]In in 20 years, I hope there are way more people like you and me talking about this, educating kids about this.

[00:58:06]>> Um, hopefully, like you said, dude, politicians, we we finally have a somewhat pro- crypto government.

[00:58:14]>> Um, which is great. Yeah, >> I think that's actually a step forward compared to what we could have had, >> right?

[00:58:21]>> Um, which would have been a step backwards. But the best thing is is they can't turn Bitcoin off. They can turn crypto off.

[00:58:28]>> Yeah.

[00:58:29]>> They can stop Ethereum. They can stop XRP.

[00:58:32]>> Yeah.

[00:58:33]>> That has servers. That has a CEO. That has a boss.

[00:58:37]>> You cannot turn Bitcoin off unless you turn off the internet to the world for forever.

[00:58:44]>> Yeah. [laughter] That is how you can turn Bitcoin off.

[00:58:48]And you know what? If the government decides to do that, to turn the internet off for the world for forever, >> we have bigger problems than money.

[00:58:57]>> Yeah.

[00:58:57]>> And [laughter] you better hope you have guns and ammo at that point.

[00:59:00]>> Oh, yeah.

[00:59:01]>> So, I would rather choose the version of people learning about Bitcoin. It's a finite supply. It's it's a scarce finite asset that you can purchase, put it in your own custody. You can hold it for as long as you want. No one can touch it.

[00:59:20]>> Um, >> that's I want I don't I want the government as far away from my business as possible.

[00:59:29]>> I want people to be able to exchange in a free o and open market for whatever goods and services they want. um using this technology. That's the kind of future I want with Bitcoin. And I think it will happen. Um cuz if it doesn't, then it gets kind of dark kind of quick.

[00:59:47]Yeah.

[00:59:47]>> And uh >> I think there's going to be people like you and me.

[00:59:51]>> Um that found it.

[00:59:53]>> And we'll be okay, I think, no matter what because even even Yeah. You're on you're in a different state than I'm in.

[01:00:01]>> Yeah.

[01:00:01]>> I'm in Florida, so I'm in the best state in America. Um you're [laughter] you're up north. So um what happens though?

[01:00:12]Let's say Florida turns completely around and all of a sudden, >> you know, uh I need to leave. I need to get out of Florida. I need to flee the United States.

[01:00:24]>> Yeah.

[01:00:25]>> How are you going to bring your bank account, the amount of money in your bank, >> Mhm. Whether you have gold or dollars, how are you going to flee your country >> and take that with you?

[01:00:39]>> Are you going to get on an airplane? Uh, pretty sure they check that. There's you can't even bring $10,000 with you.

[01:00:46]>> Uh, so all right, you're screwed there.

[01:00:49]Um, unless you're wealthy enough to fly private, you might be able to get away with it.

[01:00:53]>> Um, with cash, probably not gold because it weighs too much. Mhm.

[01:00:57]>> But Bitcoin, you can memorize your seed phrase and you can you can put all that wealth onto a wallet.

[01:01:05]>> You memorize the password to it.

[01:01:08]>> Um, I don't know if I recommend that. I would recommend putting it onto some sort of metal device, >> right? uh just in case you forget a word. Yeah. But >> you can memorize your password if you want and you can transfer your wealth with you wherever you go because bit one bitcoin equals one bitcoin and anyone in the world can exchange it for whatever currency they have. Mhm.

[01:01:32]>> So if you know if you need to flee and go to Italy, uh probably a bad example, but [laughter] if you need to go if you go to Italy and you know they have euros, you can exchange Bitcoin for euros.

[01:01:47]>> Yeah. Yeah.

[01:01:48]>> Um at at no exchange rate. They it's just that's it's >> it's the price of Bitcoin for their euros and uh that's what it is. Or they can accept the Bitcoin for what it is.

[01:02:00]And guess what? The government cannot halt that bank account from me. And that's the future. I I hope we get to a point where the government realizes this, more people realize this, that we should be more free um to do with what our money and that's that's a very I I think that's sounds pretty nice is >> less taxation, um more freedom, you know, let let markets be markets, let people be free with their own money that they make.

[01:02:32]>> Uh that's that's really important. Yeah.

[01:02:34]>> Um because right now I we don't have that at all. We live in a very >> uh to be honest, we do live in a very socialist system >> that taxes the crap out of us. You know, if if you if at the end of the day, you only get to keep 70% of your paycheck.

[01:02:51]>> Uh >> I'm sorry, you're not free. Yeah.

[01:02:54]>> That that's theft. They stole 30% of your money. I didn't see the government anywhere when I was at work, >> but but they took it.

[01:03:02]>> Yeah. So, um, you know, you get >> you you have to go around regulations for everything to get your ID, your driver's license. You get taxed on sales tax. You buy a home and you have to pay property tax. Uh, it's it's endless.

[01:03:19]>> And I hope that kind of corrupt system that we live in now really starts to fade away because we can have a better system with Bitcoin.

[01:03:27]>> Yeah. No, I agree. I agree. And you're right, though. You know, like I I remember one of the first time I did my taxes um and I was like, "Wait a minute." Like I don't remember the government being there in the rooms doing CPR with my patients. How come they took over 25% of my paycheck? Hold on. What the heck is going on here? Like what? That's just crazy. No. Yeah. And um but yeah, no, I agree. I agree. I feel like I feel like a world without Bitcoin at this point, a future I guess without Bitcoin is it does look scary, honestly. like I I don't think I would want cuz I don't know, tell me if I'm wrong. I feel like this is this might be the the government's last chance at controlling the people to be honest.

[01:04:10]Like with like the CBDC's and stable coin cuz cuz I think one of the things that stop a lot of people from using Bitcoin is because they complain, oh, Bitcoin is um it's it's it's digital.

[01:04:20]It's not physical and oh, it's it can't be real. But like once you transition to Yeah. Exactly. too volatile, all of that. But like once you transition to stable coin and people realize, oh, these are basically the same thing. It's like it's like, oh, it's digital. You can't touch it, but we're using it, but it's losing purchasing power. Like once you once they see like a version of Bitcoin that they call stable coin that's not really stable, that still gets more expensive. Then it's like I feel like that's like their last their last chance to like at at fiat money in general. And then after that, after stable coins or CBDC's, it's the same thing to me. But like after that, it's like what else? What else can they do?

[01:04:59]Like once people start waking up like this, like I can't see them coming up with another form of fiat other than that. It's like so I'm like in my mind I'm thinking maybe we should just like push this stable coin so that people can realize this thing faster, how much of a scam it is, so that people can transition to a better form of money faster. I don't know. What do you think about that?

[01:05:19]Actually, >> I I agree with you. Um I I think stable coins are the, >> you know, kind of the pathway to a CBDC, um a central bank digital currency. I think that's what they're going to use.

[01:05:32]Um and I agree, hopefully more people wake up to it. I I can already tell you they're going to incentivize people to use the CBDC. They're going to say, >> you know, it's for your safety. Uh we can we can monitor and catch criminals.

[01:05:47]we can make sure people aren't stealing your tax dollars like they have been.

[01:05:52]>> Uh, you know, they're going to they're going to incentivize someone some they're going to incentivize you somehow.

[01:05:58]>> Yeah.

[01:05:59]>> To use their currency.

[01:06:01]>> Yep.

[01:06:01]>> Um I only see that ending in a bad way that or sorry in two ways. Either a really bad war where another revolution where American citizens are sick of it.

[01:06:13]And so that's why never give up your guns people. Mhm.

[01:06:16]>> Um because once you give up your guns, then >> then you're done. Uh then you have nothing left. So, >> uh but then then they have complete control over you. If they have control over your money, um and your, you know, your privacy, you're done.

[01:06:34]>> Uh and so, >> yeah, you have to go to Bitcoin. You have to go to a system that's decentralized that no single one person controls.

[01:06:44]>> Yeah. Um, >> yeah.

[01:06:46]>> I don't see another way. And I completely agree with you. Without Bitcoin, I would have less hope.

[01:06:52]>> Yeah.

[01:06:52]>> Like, I know it sounds so like corny and like foo. It's like, oh, hope and dreams and it's like but but if you think about it, what else could we use, man? Like >> what else could we use? I don't see another option right now.

[01:07:10]>> Yeah. Yeah, I know. Like the all the It's like It's like Yeah. People are talking about oh yeah the next Bitcoin XRP CASPA whatever the hell they talk it's like no like the these things no it's it's no there is no other option but Bitcoin >> I know >> people are stuck in fiat world.

[01:07:27]>> Yeah.

[01:07:27]>> Um it's it's really hard to get out of out of fiat world. It really is.

[01:07:32]>> Oh yeah cuz that Yeah. That's that's all we know. Yeah. That's that's literally all we know fiat is. Yeah. Yeah man. But uh on a more uh positive note though like what else do you do for fun outside of the podcast and Bitcoin?

[01:07:46]>> Oh man. Um like I said, I live in Florida, so >> I enjoy the beach very much.

[01:07:52]>> Um go ahead, follow me on X and I'll send you feet pics of me on the beach.

[01:07:57]Uh no, I'm just kidding. [laughter] Um >> so I I used to snowboard a lot when I lived in Colorado. Uh, but now I live here and I love warm weather. So, there's lots of pickle ball to be played. Um, stand up paddle boards.

[01:08:12]>> Um, just hanging out on the beach. I love um we have a swimming pool uh cuz I live in like a community, you know, it's like town home type thing. So, there's a community pool. Yeah.

[01:08:22]>> Um >> I I love being outside. Like we go for bike rides, we go for walks in nature.

[01:08:28]Um I I love all that stuff. I'm being inside is, you know, I'm inside because I have to record my podcast and I have to edit and I have to do that kind of thing. Yeah. Um >> but uh fishing, I love fishing, dude.

[01:08:43]>> Almost anything outside. Like that's why I love Florida so much because you can be outside unless there's a hurricane.

[01:08:50]>> You can be outside, >> you know, year round.

[01:08:54]>> Like of course we get normal rainstorms and stuff, but like it's it's nice weather. Sometimes it's hot, but >> that's okay. Like >> you you're in the water most of the time. Like one of these days, I know I ragged on my brother for buying a boat.

[01:09:09]>> One of these days I want a boat, dude.

[01:09:11]But >> but right now I want the Bitcoin because a boat depreciates.

[01:09:16]>> Yeah.

[01:09:17]>> And uh Bitcoin is cheap right now. So I want the Bitcoin. And I will gladly sell some Bitcoin potentially in the future.

[01:09:25]Not anytime soon. You know, Bitcoin is a very long thing. I will never sell all of my Bitcoin for the record. I will never sell all of it. And you never should. Um but, you know, at the same time, um I will sell a little bit to enjoy my life.

[01:09:42]>> Yeah.

[01:09:43]>> Uh because what else is there? You know, you like we were talking about at the beginning, retiring at 65 type thing.

[01:09:49]Like I still want to enjoy my life, go on vacations. Um I love being on the water like hanging out um on like a pontoon boat.

[01:09:59]Sounds great.

[01:10:00]>> Yeah. No, I love that.

[01:10:01]>> That's what I love.

[01:10:02]>> Yeah, that that's great. That's great, man. And then uh one last question for you. Uh if you could uh if you could go back in time and give your younger your younger self advice other than buying more Bitcoin, what would you tell yourself?

[01:10:15]>> Don't drink. [laughter] >> Fair enough.

[01:10:18]>> Um >> Yeah.

[01:10:20]>> Yeah. Uh how long ago are we talking about?

[01:10:24]>> Let's say 10 years. Let's say 10 years.

[01:10:25]I think I think that's a good time frame.

[01:10:28]>> All right. Um, man, it's kind of crazy, dude. I've been married 10 years uh this July. So 10 years ago. Yeah. Like >> Yeah.

[01:10:39]>> Yeah. That's that's cool. Um 10 years ago, what would I tell myself? Uh besides the don't drink alcohol, I would say start putting yourself out there more. Um, if you want to do any type of content creation, just start >> because I think back then, uh, I wanted to. I just didn't know. I, like I told you, I'm not technical. I I'm so bad with technology, dude. Like I I'm so grateful for AI because I can ask it anything and it walks me through like I'm a kindergartener, >> right? [snorts] Um, but >> if you want to start something, seriously, in your 20s, >> start it. Yeah. Because >> it only gets more and more difficult to start things the older you get. Um, I don't have, like, I don't have children yet. Um, >> but to start your own thing, um, is only going to get harder the older you get.

[01:11:36]You get married, then you have kids, you have a mortgage, >> and it gets more difficult. I would say start something early. Like find your passion, start it. Uh take risks when you're younger.

[01:11:51]>> Yeah.

[01:11:51]>> Take risks because you can you got time on your hands.

[01:11:55]>> Um that's the one benefit of being young is I'm only 35. I I'm talking like I'm 55. [laughter] Like dude, I'm still taking risks. Like you know I'm still taking risks. I'm still you know trying new things constantly. So, >> um, but that's what I would do if I told myself like at 25 >> like, dude, just start it. Just do it.

[01:12:18]Like, >> don't second guess. Uh, people will make fun of you. You'll make fun of yourself.

[01:12:23]It'll be you'll learn >> so much faster though than just doing it instead of like, I'm not ready yet. I'm gonna I'm going to read more. Like, uh, maybe next year I'll start it. Like, >> yeah, >> dude, just start it. Like if you want to start your fitness journey, just freaking start it. Just do it. Don't wait for the new year. Don't wait until an anniversary. Don't wait until you have to get ready for Cabo. Like, just freaking start it.

[01:12:50]>> Yeah. And do it now.

[01:12:52]>> Yeah, >> that's what I would say.

[01:12:53]>> I love that, man. Wow. That that that's powerful, man. I love that. I love that.

[01:12:56]Yo, thanks again for your time, man. I appreciate it. Yo, where can people find you?

[01:13:02]>> Um, I'm on Twitter X um under Huttle Florida. um is what I go by on X. Um the rest you can follow my channel um YouTube. The Bitcoin broadcast uh is on Instagram, Rumble, Spotify, Apple, YouTube. Um >> most the videos are on are on YouTube and Rumble mostly. Uh but all the content um all the all of my podcasts are on those on those channels. Um and then Instagram, I need to be more active. I'm trying.

[01:13:34]>> Yeah. Uh that's like one platform I I I'm not very active on, but I'm trying to get more active. Uh but yeah, the Bitcoin broadcast >> um in Hutddle, Florida on X.

[01:13:45]>> Nice, nice, nice. Yeah. And yeah, make sure you follow him on X for the feet picks for sure. So [laughter] yeah, but yo, all right, man. Yo, thanks again for your time, man. I appreciate it, yo.