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Speaker 1: How do you build wealth as an immigrant and turn

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Speaker 1: it into multi eight figures? How do you start from

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Speaker 1: zero coming from another country in just a.

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Speaker 2: Short period of time.

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Speaker 1: And that is the topic of the conversation I am

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Speaker 1: having today in this interview with no other than Luke belmhar.

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Speaker 1: He's somebody that will change the way you think about

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Speaker 1: money completely, how you build wealth. He's young, He's very young,

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Speaker 1: but he's very accomplished. He's turned the Internet and the

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Speaker 1: media world completely upside down, receiving over half a billion

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Speaker 1: views per month, talking about how to build, multiply and.

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Speaker 2: Preserve your wealth in this new digital age. He came

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Speaker 2: to the.

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Speaker 1: US from Argentine at sixteen years old with only two

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Speaker 1: hundred dollars in his pocket.

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Speaker 2: He hustled, He grinded his way to a multi.

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Speaker 1: Eight figure net work through digital marketing, E commerce and investing,

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Speaker 1: and now helps others do the exact same thing through

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Speaker 1: his new group called the Capitol Club. I had the

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Speaker 1: pleasure of speaking there a few months ago. In this interview,

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Speaker 1: we get into a lot of topics you need to build, grow,

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Speaker 1: and protect your wealth. We talk about things like how

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Speaker 1: did he build wealth after coming from nothing?

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Speaker 3: With it but at the age of sixteen, two hundred

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Speaker 3: dollars in a suitcase.

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Speaker 1: My I asked him about how someone else wanted to

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Speaker 1: follow the same path that he went on.

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Speaker 2: We'd go about making money like he did.

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Speaker 3: How can you make money in the beginning, arbitrage, sales,

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Speaker 3: anything that you can get your hands on.

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Speaker 1: We talked about making money. We talked about how do

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Speaker 1: we multiply. We've talked about the investments. I asked him

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Speaker 1: how did he forty x his investments in crypto and

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Speaker 1: what did he do next?

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Speaker 3: So out of crypto, rotate the tech stocks. It only

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Speaker 3: made sense under undervalued, Meta, undervalued Shopify, which are the

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Speaker 3: only two stocks that I truly knew because I run

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Speaker 3: Facebook guys and I run Shopify, So I understand the

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Speaker 3: Q four reports of Facebook, and I understand the Q

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Speaker 3: four reports of Shopify undervalue.

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Speaker 1: I wanted to know what his views were on what

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Speaker 1: people should be focusing on to be more successful.

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Speaker 3: I spent twenty years getting good at business. Now I

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Speaker 3: need to spend the next twenty years and that was

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Speaker 3: yet productive.

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Speaker 1: And then we talked about how coming from a country

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Speaker 1: like Argentina shaped his view on money.

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Speaker 3: Crazy part is people need to understand that the money

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Speaker 3: system isn't just just an accounting system, it's it's a

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Speaker 3: tool of power.

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Speaker 1: We got into what he thinks about the new president Argentina,

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Speaker 1: what he sees as the future of technology, business and investing.

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Speaker 2: We started out talking.

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Speaker 1: About building community, providing value, and so much more. This

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Speaker 1: is a banger interview. You definitely want to get a

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Speaker 1: pen a paper out. You want to get ready for

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Speaker 1: a masterclass on starting from zero and building an empire.

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Speaker 1: So let's go, all right, Luke Bellmaran the myth maybe

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Speaker 1: about to be the legend.

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Speaker 3: You're the legend, bro. Now you're you're you're definitely I'm

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Speaker 3: here in your studio.

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Speaker 1: Yeah, you're definitely the man in the myth though, the

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Speaker 1: guy behind the curtain. I love the I love the

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Speaker 1: scarcity that you do, where like you know, when you

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Speaker 1: first started hitting me up, I'm like, I don't even

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Speaker 1: know this guy is. I go look at your Instagram,

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Speaker 1: there's like nothing there. I look at your YouTube's like

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Speaker 1: there's no videos there, Like who is this guy? You

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Speaker 1: do everything very with with scarcity in the mindset. So

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Speaker 1: we're talking about right now, we'll just jump right into it.

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Speaker 1: We're talking about your community that you run, and talking

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Speaker 1: about how you limit that and create this scarcity for

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Speaker 1: the community, And you're talking about how, basically twenty five

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Speaker 1: hundred people per day get an invite to join, only

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Speaker 1: three hundred sixy nine people of the twenty five hundred

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Speaker 1: actually get in.

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Speaker 3: Correct, they don't.

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Speaker 1: If they don't win the race, they're out and they're

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Speaker 1: out for good. So you don't want to give them

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Speaker 1: another chance to get back in, even though that's certainly

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Speaker 1: hurting your bottom line. They miss their chance, they miss

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Speaker 1: their chance, and that's it. Because the value extends beyond

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Speaker 1: the money. It has to You have to build a

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Speaker 1: community beyond a financial metric. Right, So if you want

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Speaker 1: to build a loyal following, and if you want to

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Speaker 1: have a community that fucks with you, you have to

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Speaker 1: put them through things that challenge them.

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Speaker 3: You can't just hand over everything for free. You can't

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Speaker 3: just make everything easy and comfortable, because if you don't pay,

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Speaker 3: you don't pay attention, right, And if you get everything

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Speaker 3: for free, you're not going to valuate. And if you

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Speaker 3: see me all the time, then you're going to be

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Speaker 3: can think I'm normal. So familiarity breeds contempt. The less

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Speaker 3: you see me the better. So I limit my content,

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Speaker 3: but I maximize my distribution. So I figure out what

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Speaker 3: is like a Facebook a winning Facebook ad? You can

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Speaker 3: match that same thing with the concept of content creation.

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Speaker 3: So you have a winning piece of content. Perfect that

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Speaker 3: video gets a million views, that's a winning piece of content.

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Speaker 3: You've proven the thesis does. Are you only going to

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Speaker 3: limit that video to one million views? Are you going

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Speaker 3: to repurpose that video ten thousand times? So in twenty

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Speaker 3: twenty three, we posted almost one hundred thousand videos. Wow.

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Speaker 3: And that is the difference between me and everybody else

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Speaker 3: is with the one hundred thousand videos, I don't have

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Speaker 3: to focus on sending emails. I don't have to focus

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Speaker 3: on giving people a second chance because there's always new

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Speaker 3: inflow of individuals that are willing to actually go through

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Speaker 3: the three hundred and sixty nine process and sign up

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Speaker 3: before everybody else and join the community and become part

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Speaker 3: of Capitol Club.

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Speaker 2: All right, hopefully you're enjoying this interview with Luke.

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Speaker 1: I got to take a very quick break, real quick

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Speaker 1: to tell you that I am hosting a live event

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Speaker 1: where I'm going to show you how to seize the

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Speaker 1: upside of the FEDS, you turn, grow your investments in

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Speaker 1: twenty twenty four and sidestep market volatility.

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Speaker 2: I'm going to break down about twenty or thirty charts.

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Speaker 1: You can see the actual data, see exactly what you

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Speaker 1: should be doing, when you should be watching, and so

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Speaker 1: much more. I'm going to be not only showing you

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Speaker 1: the information, I'm going to be taking all your questions live.

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Speaker 2: So join me, come hang out live. Let's get through

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Speaker 2: this data. Ask me all the questions you have.

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Speaker 1: Let's plan to get through this together so we can

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Speaker 1: all be on the winning side of this. All right,

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Speaker 1: let's just jump right back into the interview with Luke.

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Speaker 1: If you think about email, email is a way one.

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Speaker 1: It's a way to own your list, right, so you

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Speaker 1: talk about rent the list versus own the list, So

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Speaker 1: it is a way to own the list. If you

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Speaker 1: were to get canceled on all the platforms, do you

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Speaker 1: have no email list, which is the problem. But it's

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Speaker 1: also a way to nurture the list. And so basically

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Speaker 1: you're saying, forget nurturing on email, I'm just going to

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Speaker 1: continue to nurture them online. Yes, one percent, And you

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Speaker 1: nurture them through short forms. So our long form is

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Speaker 1: when they know what you're about. Short forms, when they

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Speaker 1: know that you exist. So in short form, they know

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Speaker 1: that you exist. And then the continuous repetition of email

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Speaker 1: is what for you to be in front of people.

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Speaker 1: But that doesn't mean you have to be in front

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Speaker 1: of people via email all the time. So the question

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Speaker 1: is what do you use the email communication for. I

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Speaker 1: began perceiving email completely different than any other digital marketers

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Speaker 1: ever talked about email. So I consider myself. Let's say

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Speaker 1: I have my own kingdom. Right back in the day,

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Speaker 1: two thousand years ago, Alexander the Great conquered all of

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Speaker 1: the known world. Lukey great, not quite, but he clearly

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Speaker 1: didn't have the ability, the access, or the time to

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Speaker 1: go to every single governor, every single point of his

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Speaker 1: empire and proclaim his message. He had to send what.

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Speaker 3: Messengers, in this case emails, But what were they talking about?

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Speaker 3: The word of the king? Whatever he wanted to transmit,

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Speaker 3: it wasn't the messenger cooking up a message via email

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Speaker 3: marketing with a nice slogan on behalf of the king.

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Speaker 3: So every email that comes comes from me, I sit down,

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Speaker 3: I write it, whether it's on my phone, whether it's

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Speaker 3: on my notes, and I send it to my team.

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Speaker 3: So the authenticity level that's attached the email, I don't

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Speaker 3: see it as email marketing. I see it as a

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Speaker 3: one on one communication with another individual. That's why my

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Speaker 3: email open rates with a quarter million follower list is

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Speaker 3: sixty eight percent.

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Speaker 1: Now let's talk about I want I want to jump

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Speaker 1: back to the beginning, but I want to hammer this

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Speaker 1: point home. So that's cool for you, great job, Like

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Speaker 1: you can not let anybody in fifteen percent of the

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Speaker 1: amount of people in. What about people that don't have

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Speaker 1: that many people? I mean, how would you apply that

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Speaker 1: to something where you know you're trying.

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Speaker 3: To get fifty people to join? First, you need to

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Speaker 3: ask yourself is what I'm building or who I am

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Speaker 3: worth following or worth investing in? And it's a candid

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Speaker 3: conversation because you are in the marketplace where there's competitors.

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Speaker 3: There's people that are phenomenal, there's people that are excellent.

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Speaker 3: I mean you're in the finance space. You understand your competitors.

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Speaker 3: There's dudes out there that are extremely intelligent, really competent.

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Speaker 3: So you have to get to par be legit in

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Speaker 3: order to compete at that level. So I think initially,

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Speaker 3: before even conversing about building a following, it's are you

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Speaker 3: worth following? Right? So the reason you have so many

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Speaker 3: followers on YouTube is because your content is fucking phenomenal.

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Speaker 3: The reason I reached out to you is because I

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Speaker 3: saw your bis world structure and I'm like, oh, financial structure. Okay,

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Speaker 3: this guy's quite intelligent. Now I know what he's about.

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Speaker 3: Let me go reach out to him. And that's because

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Speaker 3: you had substance. Most people are out here doing bullshit

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Speaker 3: stuff online. They have no substance, so they're not worth following.

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Speaker 3: So first ask yourself, do I have a product worth

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Speaker 3: selling that people want? And am I somebody worth following?

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Speaker 3: If the answers know, then ask yourself who do I

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Speaker 3: have to become in order to become worth following. You

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Speaker 3: went through the fucking trenches. You went through oh wait, implosion,

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Speaker 3: you went through all the bullshit, you sold companies, you

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Speaker 3: listed companies like, you've done the whole nine. So now

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Speaker 3: you're in a situation whereby you actually have credibility in

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Speaker 3: street credit, validity to do what to actually be in

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Speaker 3: a situation whereby you can coach, you can teach, you

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Speaker 3: can build communities. You're worth listening to other people aren't

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Speaker 3: so I think before getting to that stage of hey,

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Speaker 3: why don't people listen to me, ask yourself, am I

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Speaker 3: worth listening to? And if the answer is yes, now

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Speaker 3: you need to start creating content. Content around what, content

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Speaker 3: around what you know? Become passionate about it and understand

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Speaker 3: that there's people that are there with you. And then

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Speaker 3: when it comes to how much content you need to produce,

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Speaker 3: I take a completely different approach than Gary b. Garybe says,

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Speaker 3: create content content content, no, no, no, create limited amount of

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Speaker 3: content that is high quality, no to convert and distribute

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Speaker 3: that to everybody that knows who or knows this niche

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Speaker 3: or this community. And if they don't know who you are,

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Speaker 3: they will. And it's a very different approach, a very

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Speaker 3: different format because instead of doing this shotgun approach a

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Speaker 3: million pieces of content, I'll take one winning piece of

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Speaker 3: content and distribute it to ensure that hundreds of millions

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Speaker 3: of people see it. If I know it converts, I

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Speaker 3: love that.

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Speaker 1: It's I know you worked with Andrew Tate and it's

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Speaker 1: sort of the message Entertate has about getting girls become

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Speaker 1: the kind of guy that a girl wants like, don't

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Speaker 1: just be mad about it. And so you're kind of

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Speaker 1: saying the same thing about your content, like become the

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Speaker 1: kind of person that somebody would be interested in. I

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Speaker 1: remember when I I think right around when I was

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Speaker 1: twenty or so, I just had this idea I need

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Speaker 1: to travel the world. And the reason why I wanted

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Speaker 1: to travel the world is I wanted to have a

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Speaker 1: bunch of stories because I wanted to be interesting. And

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Speaker 1: now I've spent I travel a couple months a year.

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Speaker 1: I've been doing that for decades now, and so it's

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Speaker 1: like but at that time, it was like I need

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Speaker 1: to go have experiences so I have things to talk about,

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Speaker 1: and so buzz this deals that you do all of

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Speaker 1: those things. So it plays in what about when you

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Speaker 1: talk about the content the Gary V. So Gary V's like,

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Speaker 1: don't create document, just document what you're doing and not like, hey,

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Speaker 1: here's what I'm eating, but more like the lessons that

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Speaker 1: you're learning along the way is kind of what I

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Speaker 1: picked up from it. But you're talking about like creating content,

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Speaker 1: but you create content across a pretty wide niche or

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Speaker 1: not a niche, but really a wide group of subjects,

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Speaker 1: everything from stoicism to crypto to creating content to whatever.

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Speaker 1: What do you think about starting niche down? Niche your

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Speaker 1: face off if you will. Then riches are in the

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Speaker 1: niches versus like being so broad like you are.

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Speaker 3: So it depends on it depends on the niche that

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Speaker 3: you pick, and it depends on your objective. So, for example,

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Speaker 3: my umbrella approach is very simply everything's aligned. So if

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Speaker 3: you look at the people that are usually involved in stoicism,

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Speaker 3: they're also involved in the understanding of entrepreneurship or they

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Speaker 3: want sovereignty. So now the understanding of crypto and bitcoin

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Speaker 3: could tie into the idea of this autonomy. And then

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Speaker 3: bitcoin tinns into the concept of principles of being your

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Speaker 3: own merchant, managing your own money. That ties into okay,

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Speaker 3: now I have freedom of money. Maybe I want freedom

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Speaker 3: of employment. So now you begin to talk about that,

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Speaker 3: and now okay, well social media, who how can I

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Speaker 3: make money online? So what I try to create isn't

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Speaker 3: individual niches that are viewed individually. I try to create

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Speaker 3: a garden. So I create a garden for the community.

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Speaker 3: And how I view my community is very different to

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Speaker 3: how most people view it. Most people view the community

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Speaker 3: as a place where they're going to make money. So

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Speaker 3: how I view if it was a if my Internet

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Speaker 3: exposure was like a small little empire in the real world,

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Speaker 3: I would consider capital club or my community like the

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Speaker 3: Nile River. You don't take from the Nile River. The

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Speaker 3: Nile River exists. Your goals to preserve it. You build

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Speaker 3: your empire around the Nile River. So what are the

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Speaker 3: businesses that you're building around the community while nurturing and

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Speaker 3: sustaining the community. Most people fuck up the community. Most

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Speaker 3: people poison the river, most people destroy it instead of

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Speaker 3: building around it. So I have my beautiful community, great people,

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Speaker 3: top of the top. Now how can I empower them?

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Speaker 3: So empowering them through different experience, different events, different content

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Speaker 3: that I understand because I'm very similar to my audience

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Speaker 3: what I want, So I only talk about the shit

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Speaker 3: that I enjoy because I know we have, for example,

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Speaker 3: similar interests. We could sit down talk about stoicism, bitcoin,

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Speaker 3: crypto and entrepreneurship and that's it, and it's within our

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Speaker 3: niche and our range. So I try to become really

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Speaker 3: good at what I like and then share those things

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Speaker 3: to people that are similar to me. And it just

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Speaker 3: happens to be that my audience and my choice of

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Speaker 3: enjoyment is large enough, and it's becoming the future, like

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Speaker 3: e commerce and crypto, it's only going to get bigger,

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Speaker 3: and we just happened to be at the cusp of it.

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Speaker 3: So it works.

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Speaker 1: I love what you said about not taking from the

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Speaker 1: now river just building around it, and so I can

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Speaker 1: tell you know, the first experience I had was at

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Speaker 1: your Mastermind in Spain last year, and you've really built

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Speaker 1: this community of giving more than you're taking. So you

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Speaker 1: use the word empower, and that's the ultimate we're trying

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Speaker 1: to do. And you're trying to like really think about

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Speaker 1: how can I cultivate or another relationship. And it's an

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Speaker 1: old sales message, which is if I help other people

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Speaker 1: get what they want. I think it was theigziglar. If

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Speaker 1: I help people get what they want, I get what

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Speaker 1: I want. And so you're kind of creating this system

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Speaker 1: that empower people to get what they want and then

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Speaker 1: ultimately then you can get what you want around it.

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Speaker 1: And it's a long game, and I think most people,

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Speaker 1: let me get your comment on this, I think most

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Speaker 1: people can't play the long game. The majority of people,

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Speaker 1: I think are held back because they can't imagine working

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Speaker 1: for free. They can't imagine working for free. They're used

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Speaker 1: to a paycheck. Well, if someone's not gonna pay me

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Speaker 1: every hour, I'm not gonna go do it. And so

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Speaker 1: how am I gonna go work for months, months, or

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Speaker 1: even years without getting paid, hopefully to get it in

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Speaker 1: the end.

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Speaker 3: I don't know what your thought is on that. So

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Speaker 3: you know what I was talking about with Andrew on

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Speaker 3: the tesla coming over here in the car, and I

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Speaker 3: was like, imagine you're in year two hundred of the

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Speaker 3: four hundred year of Israeli slavery inside the Egyptian kind

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Speaker 3: of empire, where you have the story of Moses, or

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Speaker 3: you can even take when Israel gets captured and taken

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Speaker 3: into exile to Babylon, you have the story of Daniel.

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Speaker 3: What happens if you're born in year two hundred and

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Speaker 3: twenty seven of that slavery? No context of freedom, You

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Speaker 3: have no understanding of what it means to be autonomous.

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Speaker 3: You have no reference point of working for yourself, You

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Speaker 3: have no reference point of making your own mind, you

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Speaker 3: have no reference point of sovereign currency. Because you're under

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Speaker 3: the thumb up your oppressor. People don't seem to understand

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Speaker 3: that that's where we are today. You're two hundred and

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Speaker 3: something years into an ecosystem that's been curated and designed

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Speaker 3: for slavery. So when you understand that you're one hundred

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Speaker 3: and something years into the syop, you begin to ask yourself,

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Speaker 3: why does it take ten years twelve years in order

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Speaker 3: for me to buy a house cash? That sounds kind

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Speaker 3: of slavish when a couple of years ago I just

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Speaker 3: would have to work two three years, and before that

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Speaker 3: it would take a couple months. What the fuck is

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Speaker 3: a thirty year mortgage? Now they're trying to come up

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Speaker 3: with fifty year mortgages. So I begin to evaluate all

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Speaker 3: these scenarios and I ask myself, where the fuck are

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Speaker 3: we going in the future. So to get it's not

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Speaker 3: so much an opinionated thing. It's more so I like

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Speaker 3: to observe things pragmatically and see them play out. What

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Speaker 3: I was saying is, do you do you think that holds?

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Speaker 3: You're taking a very long term approach.

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Speaker 1: Okay, I'm going to preserve the nile and I'm not

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Speaker 1: going to take from it, But I know if I

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Speaker 1: build around then and help people get what I want,

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Speaker 1: eventually I'll get what I want, and I was saying,

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Speaker 1: I think most people are held back by the fact

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Speaker 1: that they can't imagine working for free.

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Speaker 3: Yes, correct, So back to the point. So if you're

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Speaker 3: in year one seventy six of slavery and all you

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Speaker 3: know is that you're going to work and in return

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Speaker 3: you're going to get a paycheck, then that's the default

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Speaker 3: mindset that you're going to hold. No labor is going

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Speaker 3: to be put forth unless you're able to see a reward,

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Speaker 3: and most people can't see a reward in front of

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Speaker 3: their like if it's right here, they don't see the

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Speaker 3: dollar sign right here, they're not going to do it.

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Speaker 3: They're risk adverse. They don't understand that they have truly

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Speaker 3: nothing to lose, but they're not willing to take any risk.

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Speaker 3: So I think the big discrepancy as to why individuals

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Speaker 3: aren't willing to take the risk, or why individuals are

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Speaker 3: in a situation where they have this kind of potentially

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Speaker 3: slave mindset, to me, has to do with nurture, how

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Speaker 3: they grow up, the school system, how they're educated, and overall,

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Speaker 3: I think is a cultural experience of hundreds and hundreds

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Speaker 3: of years of systematized cheating that's been done on people

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Speaker 3: to extort them for their time, their energy, and their effort.

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Speaker 3: If you look at how the FIAT system was created,

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Speaker 3: it wasn't created to empower people. It's created to steal

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Speaker 3: from people. So if you begin to realize that this

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Speaker 3: is kind of like a slavery model that's imposed on everybody,

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Speaker 3: you can kind of shake away from it, or at

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Speaker 3: least observe it from a third party perspective, it may

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Speaker 3: be beneficial.

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Speaker 1: Let's jump back to the beginning of Luke Belmar. So

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Speaker 1: from what I know from your story, you're some poor

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Speaker 1: little kid from Argentina that came to the United States

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Speaker 1: with a hundred bucks in your pocket.

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Speaker 3: Two hundred bucks.

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Speaker 1: You know, a lot of what we become is from

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Speaker 1: where we came from, and so a lot of that

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Speaker 1: is cultural, educational. And I mean today, right now in

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Speaker 1: the United States, we're seeing millions of people coming up

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Speaker 1: from Venezuela and Argentina and South America coming up and

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Speaker 1: I don't think they have the same mindset as you.

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Speaker 1: So I'm curious what was that, Like why did you

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Speaker 1: come up here? And how did you over two hundred bucks?

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Speaker 1: And like how did that work out?

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Speaker 3: Yeah, so age of sixteen, I graduate from high school. Thankfully,

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Speaker 3: my parents put me in an English speaking school. It

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Speaker 3: costs three hundred dollars a year, so I was able

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Speaker 3: to learn not the colloquialisms and the specificities of English.

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Speaker 3: I think I adopted this. I've also been in America

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Speaker 3: for over a decade at this point in twenty eight

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Speaker 3: and arrived when I was sixteen, so I was able

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Speaker 3: to learn the language and get quite eloquent with it.

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Speaker 3: But at the age of sixteen, two hundred dollars in

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Speaker 3: a suitcase my parents got me, well, they didn't get

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Speaker 3: me a flight. One of my family members I was

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Speaker 3: actually working for the airline, Argentina Airline, and I was

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Speaker 3: able to get a flight attendant spot. So wherever the

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Speaker 3: flight attendant seat I think I think in Spanish is

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Speaker 3: called the yam seats there or something like that. I

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Speaker 3: don't know what it's called, but that's where I sat.

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Speaker 3: And then add family members in the US stayed with them,

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Speaker 3: worked all sort of odd jobs, pressure washing basketball courts,

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Speaker 3: cleaning toilets, flipping wings, flipping pizzas, and then in the

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Speaker 3: year two thousand, end of fifteen twenty sixteen, my first

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Speaker 3: exposure to anything digital was. I had a fellow server

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Speaker 3: and I was working a restaurant twenty fifteen, and he

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Speaker 3: was like, hey, have you heard a bitcoin? That was

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Speaker 3: the first boat. Remember that was the first kind of

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Speaker 3: the fifteen sixteen it was That's when I got in.

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Speaker 3: It was it was peaking. I was like, this is expensive.

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Speaker 3: I don't know what this is. Bitcoin is a couple

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Speaker 3: hundred bucks. I couldn't really afford it, but you know what,

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Speaker 3: let me take a couple dollars and put them on bitstamp.

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Speaker 3: But I wasn't really part of crypto. But that was

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Speaker 3: my first exposure to anything Internet twenty sixteen came around,

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Speaker 3: got exposed to everything that was e commerce. I said, hey,

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Speaker 3: I'm going to go live with my brother two hundred

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Speaker 3: dollars a month. That's what I paid him for rent,

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Speaker 3: sleep on his couch, and I built my first online business,

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Speaker 3: which was selling and reselling online digital assets. What was

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Speaker 3: Instagram pages? Building those accounts, selling them? It was Facebook

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Speaker 3: ads for a different nights.

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Speaker 1: How did you figure out that you want to buy

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Speaker 1: and sell Instagram accounts?

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Speaker 3: Because people were willing to do it. So, for example,

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Speaker 3: people would hit me up and they would did you

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Speaker 3: have like a friend that was doing it, so you're

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Speaker 3: like everybody was doing it. This was when this was

436
00:18:56,119 --> 00:18:57,960
Speaker 3: the craze of the meme pages back in the day.

437
00:18:57,960 --> 00:18:59,720
Speaker 3: It was when the meme pages were going crazy. So

438
00:18:59,720 --> 00:19:01,879
Speaker 3: people build up a niche of a meme page and

439
00:19:01,920 --> 00:19:04,159
Speaker 3: then they would grab an e commerce store, run some

440
00:19:04,240 --> 00:19:06,720
Speaker 3: Instagram story ads to it, Boom milk it, go to

441
00:19:06,760 --> 00:19:08,320
Speaker 3: another page. What I would do is just build up

442
00:19:08,359 --> 00:19:10,040
Speaker 3: the pages a little bit and then sell the pages

443
00:19:10,040 --> 00:19:12,480
Speaker 3: to e comm guys, or build people's pages, sell them

444
00:19:12,520 --> 00:19:15,359
Speaker 3: to them, flip Instagram user names, anything that could do hustle,

445
00:19:15,440 --> 00:19:16,760
Speaker 3: make money online, so on that.

446
00:19:16,920 --> 00:19:19,440
Speaker 1: In that regard, I think a lot of people are

447
00:19:19,440 --> 00:19:21,760
Speaker 1: caught up today and I got to find my passion.

448
00:19:21,960 --> 00:19:23,280
Speaker 3: I don't know if this is what I want to do?

449
00:19:23,560 --> 00:19:25,320
Speaker 3: Is this what I was made for? And it's like, dude,

450
00:19:25,359 --> 00:19:27,399
Speaker 3: sometimes you got to how much money is there in

451
00:19:27,440 --> 00:19:29,960
Speaker 3: digital arbitrage? It's insane, No, I get it.

452
00:19:30,000 --> 00:19:31,520
Speaker 1: But the point I'm making is I think so many

453
00:19:31,560 --> 00:19:34,679
Speaker 1: people are paralyzed within activity because they don't know what

454
00:19:34,720 --> 00:19:37,239
Speaker 1: they want to do. And I'm guessing, and you tell

455
00:19:37,280 --> 00:19:39,119
Speaker 1: me if I'm wrong, But I'm guessing. This wasn't like

456
00:19:39,160 --> 00:19:41,440
Speaker 1: your dream calling in life, it was like, hey, there's

457
00:19:41,440 --> 00:19:42,119
Speaker 1: an opportunity.

458
00:19:42,320 --> 00:19:45,000
Speaker 3: Confucius at once said if you do not economize, you

459
00:19:45,000 --> 00:19:48,880
Speaker 3: will agonize, So it's very true. People are like, oh,

460
00:19:48,920 --> 00:19:51,200
Speaker 3: I need to be a business owner. No, you don't

461
00:19:51,240 --> 00:19:53,639
Speaker 3: need to be a business owner to make money. You

462
00:19:53,720 --> 00:19:56,120
Speaker 3: just need to make money, right, Becoming a business owner

463
00:19:56,119 --> 00:19:57,880
Speaker 3: is high risk. You're the last one to get paid

464
00:19:57,920 --> 00:20:01,000
Speaker 3: byther like you're the last ever. Everybody gets paid here,

465
00:20:01,240 --> 00:20:03,919
Speaker 3: whether the business works are not. The video editor is

466
00:20:03,920 --> 00:20:07,760
Speaker 3: still getting paid. Everybody's getting paid, but we're not. So

467
00:20:08,119 --> 00:20:12,040
Speaker 3: how can you make money in the beginning? Arbitrage sales,

468
00:20:12,640 --> 00:20:14,000
Speaker 3: anything that you can get your hands on.

469
00:20:14,080 --> 00:20:16,440
Speaker 1: So you just saw an opportunity, like, hey, I see

470
00:20:16,440 --> 00:20:18,080
Speaker 1: people doing this. I'm just gonna jump in and figure out.

471
00:20:18,800 --> 00:20:20,159
Speaker 1: Just jumped in and that's the piece that I want

472
00:20:20,200 --> 00:20:22,160
Speaker 1: to hit. So many people are paralyzed with fear because

473
00:20:22,160 --> 00:20:23,960
Speaker 1: they don't know what they want to do. And it's like,

474
00:20:24,080 --> 00:20:25,639
Speaker 1: just start making money. You don't know what you want

475
00:20:25,680 --> 00:20:27,439
Speaker 1: to do until you start doing things that you don't like.

476
00:20:27,800 --> 00:20:30,000
Speaker 1: Last year, I made millions of dollars doing coaching programs

477
00:20:30,040 --> 00:20:32,199
Speaker 1: and I decided I didn't like them. But I wouldn't

478
00:20:32,240 --> 00:20:34,480
Speaker 1: know that until I had done them right, and so

479
00:20:34,560 --> 00:20:38,119
Speaker 1: we've changed that. But I think that's a good point. Okay,

480
00:20:38,119 --> 00:20:40,000
Speaker 1: so keep going. So now you're flipping those things.

481
00:20:40,119 --> 00:20:42,119
Speaker 3: But I think one of the important parts of this

482
00:20:42,320 --> 00:20:45,120
Speaker 3: entire narrative that I went to hone in is that

483
00:20:45,240 --> 00:20:50,760
Speaker 3: my expenses were so low and my risk wasn't built

484
00:20:50,840 --> 00:20:54,359
Speaker 3: up with having things family bad decisions of the past,

485
00:20:54,560 --> 00:20:57,320
Speaker 3: whereab I limited the amount of risk or the amount

486
00:20:57,320 --> 00:20:59,560
Speaker 3: of opportunity that I would pursue. I was only paying

487
00:20:59,600 --> 00:21:02,399
Speaker 3: two hundred to sleep on my brother Nate's couch, right like,

488
00:21:02,480 --> 00:21:04,280
Speaker 3: that's what I was paying. I had nothing to lose.

489
00:21:04,600 --> 00:21:06,720
Speaker 3: I wasn't married, I didn't have kids, I don't have

490
00:21:06,720 --> 00:21:09,159
Speaker 3: any of these things. So anything that I do is

491
00:21:09,280 --> 00:21:13,200
Speaker 3: full on business, full on risk, everything all in because

492
00:21:13,240 --> 00:21:15,240
Speaker 3: I could afford it. And what I think for young

493
00:21:15,280 --> 00:21:17,439
Speaker 3: people is never put yourself in a situation where you

494
00:21:17,480 --> 00:21:20,640
Speaker 3: make irreversible decisions. It's one of the most important principles

495
00:21:20,680 --> 00:21:22,960
Speaker 3: I learned. So from a young age, I never made

496
00:21:23,119 --> 00:21:26,320
Speaker 3: decisions or took action towards things that I could not

497
00:21:26,400 --> 00:21:29,760
Speaker 3: reverse that would fundamentally change my life path. And I

498
00:21:29,800 --> 00:21:32,760
Speaker 3: think that was my most point lesson like having kids

499
00:21:32,800 --> 00:21:35,399
Speaker 3: out of wedlock at the age of seventeen. That fucks

500
00:21:35,440 --> 00:21:37,719
Speaker 3: up your life. Yeah, okay, for some people it's an

501
00:21:37,720 --> 00:21:39,720
Speaker 3: anomaly and they end up being super successful. But for

502
00:21:39,720 --> 00:21:44,760
Speaker 3: the average individual, that's an irreversible decision. So what do

503
00:21:44,800 --> 00:21:46,520
Speaker 3: you do with that irreversible decision? You have to deal

504
00:21:46,520 --> 00:21:49,720
Speaker 3: with it. So my objective was, don't make irreversible decisions.

505
00:21:50,200 --> 00:21:52,880
Speaker 3: Make decisions that if anything happens, you can pivot from.

506
00:21:53,440 --> 00:21:56,800
Speaker 3: So low risk, high reward, low expenses. And then I

507
00:21:56,840 --> 00:21:59,439
Speaker 3: got a marketing gig, so I started doing marketing ads

508
00:21:59,440 --> 00:22:02,320
Speaker 3: for Wall Street businesses. So companies in Wall Street I

509
00:22:02,320 --> 00:22:04,840
Speaker 3: would do their ads because they weren't running Facebook ads.

510
00:22:05,000 --> 00:22:06,920
Speaker 3: So I got my first check for about one hundred

511
00:22:06,920 --> 00:22:09,560
Speaker 3: for eighty six thousand dollars for nine months of work. Wow,

512
00:22:10,119 --> 00:22:12,520
Speaker 3: running Facebook ads doubled the company's revenue. I did it

513
00:22:12,600 --> 00:22:15,360
Speaker 3: for free for two months. I would was doing outbound

514
00:22:15,359 --> 00:22:17,399
Speaker 3: because I would get DMS from them on Instagram or

515
00:22:17,440 --> 00:22:20,000
Speaker 3: LinkedIn messages like hey, like if you're interested in our

516
00:22:20,000 --> 00:22:22,520
Speaker 3: products or service, like this is shit, let me add

517
00:22:22,880 --> 00:22:25,520
Speaker 3: some ads them. Ran it for two months for free.

518
00:22:26,160 --> 00:22:28,399
Speaker 3: I called them like, hey, guys, I want a contract like,

519
00:22:28,440 --> 00:22:31,160
Speaker 3: oh no, no, I will think about it next month.

520
00:22:31,440 --> 00:22:34,320
Speaker 3: I was being nice turned off their ads the next day.

521
00:22:34,880 --> 00:22:36,320
Speaker 3: Next morning, they call me, hey, can you fly up

522
00:22:36,359 --> 00:22:38,560
Speaker 3: to New York. Yes. Yeah. They gave me my check

523
00:22:38,680 --> 00:22:41,359
Speaker 3: and I called my dad and I was like, I

524
00:22:41,480 --> 00:22:44,639
Speaker 3: made it, and he's like, bro, eight thousand, ninety thousand

525
00:22:44,640 --> 00:22:47,240
Speaker 3: dollar that's crazy. Like I'm like, yeah, but it's not enough.

526
00:22:47,400 --> 00:22:49,480
Speaker 3: But remember I was paying two hundred dollars a month

527
00:22:49,880 --> 00:22:52,119
Speaker 3: for rent, So now's US dollars and you're coming from

528
00:22:52,200 --> 00:22:54,840
Speaker 3: Argentina and it's crazy. So now I'm making this money,

529
00:22:55,200 --> 00:22:58,200
Speaker 3: and I'm like, what can I do with my advertising skills?

530
00:22:58,359 --> 00:23:01,160
Speaker 3: Because I was still nine It's this is a nine

531
00:23:01,160 --> 00:23:03,000
Speaker 3: month gig. I don't know if these guys are going

532
00:23:03,040 --> 00:23:04,439
Speaker 3: to renew. I don't know if they're going to keep

533
00:23:04,480 --> 00:23:08,400
Speaker 3: on going. Most agency work is quite laborious. These people

534
00:23:08,400 --> 00:23:10,480
Speaker 3: are calling me. I'm like, let me move this money,

535
00:23:10,520 --> 00:23:11,919
Speaker 3: let me try some other things, let me take my

536
00:23:11,920 --> 00:23:14,640
Speaker 3: Facebook aid skills. What am I going to do? E commerce?

537
00:23:15,280 --> 00:23:19,600
Speaker 3: Figure out the entire ecosystem of e commerce, drop shipping, now,

538
00:23:19,720 --> 00:23:22,760
Speaker 3: arbor charging physical products, not just digital products. We ended

539
00:23:22,840 --> 00:23:24,960
Speaker 3: up doing in the span of three years, sixteen million

540
00:23:25,000 --> 00:23:27,399
Speaker 3: in revenue, which isn't it massive numbers, but it is

541
00:23:27,400 --> 00:23:30,400
Speaker 3: for teenagers yea. And we ended up flipping and putting

542
00:23:30,400 --> 00:23:32,520
Speaker 3: all our money into crypto, which I know sounds insane,

543
00:23:32,840 --> 00:23:34,919
Speaker 3: but it only makes sense because crypto is the future.

544
00:23:35,320 --> 00:23:38,080
Speaker 3: And yeah, we rode the twenty twenty Buol run and

545
00:23:38,160 --> 00:23:41,360
Speaker 3: we forty two xd our portfolio, so quite fire.

546
00:23:41,560 --> 00:23:43,480
Speaker 1: Yeah, I love what you said. I want to break

547
00:23:43,480 --> 00:23:45,679
Speaker 1: a couple of pieces down for the listeners here. So

548
00:23:46,640 --> 00:23:48,680
Speaker 1: if you look at the world of sports, let's just

549
00:23:48,680 --> 00:23:51,399
Speaker 1: say you want to be a pro whatever baseball player

550
00:23:52,280 --> 00:23:55,280
Speaker 1: to think that, hey, I'd love it if the Dodgers

551
00:23:55,280 --> 00:23:57,280
Speaker 1: would sign me a contract, and then I'm going to

552
00:23:57,280 --> 00:23:59,040
Speaker 1: go learn how to play baseball and I'm going to

553
00:23:59,080 --> 00:24:01,639
Speaker 1: be really good baseball play for you, like no, no, no, no,

554
00:24:01,680 --> 00:24:03,520
Speaker 1: You've got to do your whole life, yes, and you

555
00:24:03,520 --> 00:24:05,679
Speaker 1: have to be good enough that they give you the contract.

556
00:24:05,960 --> 00:24:07,879
Speaker 1: So what you said was sort of like that, Like

557
00:24:08,080 --> 00:24:10,959
Speaker 1: you went and learned how to do digital marketing, You

558
00:24:11,000 --> 00:24:13,600
Speaker 1: went and learned how to build Instagram, social media, flip

559
00:24:13,640 --> 00:24:16,199
Speaker 1: those and only once you had learned those skills on

560
00:24:16,240 --> 00:24:18,960
Speaker 1: your own for free, working for free, spending your own time,

561
00:24:19,000 --> 00:24:21,520
Speaker 1: effort labor, then you got good enough to make a

562
00:24:21,560 --> 00:24:23,720
Speaker 1: little bit of money. Then you went and gave those

563
00:24:23,760 --> 00:24:27,040
Speaker 1: services to a company for free to prove your net worth.

564
00:24:27,080 --> 00:24:29,679
Speaker 1: And only once you had proved enough worth they were

565
00:24:29,680 --> 00:24:31,680
Speaker 1: willing to pay you for that, sort of like getting

566
00:24:31,680 --> 00:24:32,760
Speaker 1: a contract from the Dodgers.

567
00:24:33,080 --> 00:24:34,320
Speaker 3: But people today.

568
00:24:34,080 --> 00:24:36,920
Speaker 1: Think that they can just go, hey, will you give

569
00:24:36,920 --> 00:24:38,800
Speaker 1: me a job to do marketing for you? But you

570
00:24:38,960 --> 00:24:41,320
Speaker 1: got no marketing skills. And that goes back to the

571
00:24:41,400 --> 00:24:43,159
Speaker 1: question I had posed earlier about people not wanting to

572
00:24:43,160 --> 00:24:45,600
Speaker 1: work for free. But we play sports for free, and

573
00:24:45,640 --> 00:24:48,080
Speaker 1: so it's just this mindset shift that really holds people back.

574
00:24:48,200 --> 00:24:49,199
Speaker 1: I kind of want to highlight that.

575
00:24:49,560 --> 00:24:52,040
Speaker 3: I think to add and to finalize that point is

576
00:24:52,240 --> 00:24:54,320
Speaker 3: if you always want to make money, you have to

577
00:24:54,320 --> 00:24:57,520
Speaker 3: be irreplaceable. If you have to be irreplaceable when you

578
00:24:57,520 --> 00:25:00,280
Speaker 3: have to be in high demand. So I may sure

579
00:25:00,320 --> 00:25:02,040
Speaker 3: that I was irreplaceable. What did I do for this

580
00:25:02,080 --> 00:25:05,439
Speaker 3: online company doubled their online revenue in two months? Yeah,

581
00:25:05,480 --> 00:25:08,080
Speaker 3: so now I was irreplaceable and I was in high demand.

582
00:25:08,400 --> 00:25:11,000
Speaker 3: So now I had the leverage. And I think in

583
00:25:11,040 --> 00:25:15,320
Speaker 3: business it's all about leverage. You leverage yourself by becoming better,

584
00:25:15,359 --> 00:25:17,360
Speaker 3: and people are like, oh, well, they leverage themselves through

585
00:25:17,359 --> 00:25:20,359
Speaker 3: blackmail or through finessing. No. No, the ultimate form of

586
00:25:20,440 --> 00:25:24,040
Speaker 3: leverage is to become so undisputably good that people call

587
00:25:24,080 --> 00:25:24,800
Speaker 3: you right.

588
00:25:25,119 --> 00:25:27,480
Speaker 1: You give your services for free until they want to

589
00:25:27,480 --> 00:25:29,240
Speaker 1: pay you, until they demand to pay you.

590
00:25:29,960 --> 00:25:30,520
Speaker 3: Yeah, I love that.

591
00:25:30,560 --> 00:25:32,359
Speaker 1: Okay, So now you put all your money into crypto

592
00:25:32,400 --> 00:25:34,880
Speaker 1: because you're young and you're low risk, and you figure

593
00:25:34,880 --> 00:25:36,280
Speaker 1: you might as well bet at all. You already said

594
00:25:36,280 --> 00:25:37,640
Speaker 1: that's kind of how you grew up, and so at

595
00:25:37,640 --> 00:25:40,200
Speaker 1: this point you're still young, your expenses are still low.

596
00:25:40,280 --> 00:25:42,000
Speaker 1: Now you know how to make money, so now your

597
00:25:42,040 --> 00:25:44,960
Speaker 1: risk tolerance is higher because now you know you can

598
00:25:45,000 --> 00:25:46,720
Speaker 1: go make more money if you need to, and you

599
00:25:46,720 --> 00:25:47,840
Speaker 1: don't have the downside risk.

600
00:25:47,880 --> 00:25:49,280
Speaker 3: So now you throw it into crypto.

601
00:25:50,080 --> 00:25:52,600
Speaker 1: You time the market cycle pretty good. You forty x

602
00:25:52,640 --> 00:25:54,000
Speaker 1: forty two x your portfolio.

603
00:25:54,359 --> 00:25:58,240
Speaker 3: You crush it. Then what sell out of crypto? Rotate

604
00:25:58,280 --> 00:26:01,720
Speaker 3: the tech stocks? It only made sense. Under undervalued Meta,

605
00:26:01,800 --> 00:26:04,639
Speaker 3: undervalued Shopify, which are the only two stocks that I

606
00:26:04,760 --> 00:26:07,960
Speaker 3: truly knew because I run Facebook, guys, and I run Shopify,

607
00:26:08,119 --> 00:26:10,800
Speaker 3: So I understand the Q four reports of Facebook, and

608
00:26:10,840 --> 00:26:14,720
Speaker 3: I understand the Q four reports of Shopify undervalued Q

609
00:26:14,760 --> 00:26:18,520
Speaker 3: four they fucking rip their sales through the roof. So

610
00:26:18,720 --> 00:26:21,720
Speaker 3: in Q one reporting every single year, look at the

611
00:26:21,760 --> 00:26:25,600
Speaker 3: MetaStock every single Q one, it rips through the moon.

612
00:26:25,960 --> 00:26:28,320
Speaker 3: So I rotated out of crypto, which I felt like

613
00:26:28,760 --> 00:26:32,000
Speaker 3: it wasn't at the value that it was supposed to represent.

614
00:26:32,200 --> 00:26:35,639
Speaker 3: I think was overvalued. I rotated to undervalued assets this

615
00:26:35,720 --> 00:26:41,960
Speaker 3: case Meta, Shopify, Robinhood, Coinbase, micro strategy, and my only

616
00:26:41,960 --> 00:26:43,600
Speaker 3: one that I'm still waiting to play out, which will

617
00:26:43,640 --> 00:26:44,520
Speaker 3: play out, is PayPal.

618
00:26:44,720 --> 00:26:44,920
Speaker 2: Yeah.

619
00:26:44,920 --> 00:26:48,000
Speaker 1: I mean Facebook's sold off seventy five person which is ridiculous,

620
00:26:48,040 --> 00:26:50,159
Speaker 1: Like you think it's going to go away seventy five percent?

621
00:26:50,240 --> 00:26:52,000
Speaker 3: So like, yeah, what undervalued stock?

622
00:26:52,080 --> 00:26:54,120
Speaker 2: All right, I'm gonna take another very quick break right here.

623
00:26:54,240 --> 00:26:56,720
Speaker 1: I'm not running commercials in these so these are my commercials,

624
00:26:56,720 --> 00:26:58,119
Speaker 1: but I want to let you know I'm having this

625
00:26:58,160 --> 00:27:01,159
Speaker 1: live event so we can see is the upside in

626
00:27:01,200 --> 00:27:03,720
Speaker 1: the fed U turn that's coming and grow our investments

627
00:27:03,720 --> 00:27:06,320
Speaker 1: this year without dealing with the volatility. It is going

628
00:27:06,359 --> 00:27:08,879
Speaker 1: to be a volatile year. Things are going crazy. So

629
00:27:08,960 --> 00:27:10,280
Speaker 1: come join me. We're going to look at the data.

630
00:27:10,280 --> 00:27:12,239
Speaker 1: We're really going to charge the graphs, and I'm going

631
00:27:12,280 --> 00:27:13,840
Speaker 1: to show you what I think is going to happen.

632
00:27:13,840 --> 00:27:16,320
Speaker 1: More importantly, what we should be doing about, how we

633
00:27:16,359 --> 00:27:19,000
Speaker 1: can position ourselves, what assets we should buy, what we

634
00:27:19,000 --> 00:27:19,639
Speaker 1: should be watching.

635
00:27:19,680 --> 00:27:21,360
Speaker 2: Is so much more. Come hang out, check it out.

636
00:27:21,359 --> 00:27:21,960
Speaker 2: It's all for free.

637
00:27:22,040 --> 00:27:24,000
Speaker 1: I'm want to answer all your questions live. There's a

638
00:27:24,040 --> 00:27:24,879
Speaker 1: link down below.

639
00:27:25,520 --> 00:27:25,840
Speaker 2: Let's go.

640
00:27:26,280 --> 00:27:30,000
Speaker 1: I'm curious, So now you've cut your teeth making money,

641
00:27:30,119 --> 00:27:33,040
Speaker 1: create wealth. So you and I we actually say the

642
00:27:33,080 --> 00:27:37,240
Speaker 1: same three things, different words, but create wealth, multiply wealth, yes,

643
00:27:37,359 --> 00:27:41,399
Speaker 1: preserve wealth, and most people don't understand those three And

644
00:27:41,480 --> 00:27:43,160
Speaker 1: so your journey was creating wealth.

645
00:27:43,160 --> 00:27:43,639
Speaker 3: What can I do?

646
00:27:43,680 --> 00:27:47,000
Speaker 1: Pressure wash, basketball courts, flip pizzas. I'm creating wealth, I'm

647
00:27:47,000 --> 00:27:51,560
Speaker 1: earning wealth, flipping Instagram accounts. Creating wealth. Then you have

648
00:27:51,600 --> 00:27:53,440
Speaker 1: to go to multiply it. So then you throw into crypto,

649
00:27:53,480 --> 00:27:56,600
Speaker 1: you multiply it forty times, right, and now you have

650
00:27:56,640 --> 00:27:59,160
Speaker 1: to preserve it. I'm just curious, like how you think

651
00:27:59,200 --> 00:28:03,399
Speaker 1: about those three buckets as far as your attention and

652
00:28:03,480 --> 00:28:06,879
Speaker 1: time focused into that. So how much time do you

653
00:28:06,920 --> 00:28:10,600
Speaker 1: really think about your growing creating the wealth through businesses

654
00:28:11,080 --> 00:28:13,960
Speaker 1: versus like managing it multiplying that wealth.

655
00:28:14,520 --> 00:28:17,240
Speaker 3: So it depends. So on the business side, there's two aspects.

656
00:28:17,320 --> 00:28:19,760
Speaker 3: One is instant cash flow, so I can do a

657
00:28:19,800 --> 00:28:21,560
Speaker 3: consulting call for ten thousand.

658
00:28:21,600 --> 00:28:24,960
Speaker 1: But let's say, just like Luke bellmar so ninety percent

659
00:28:25,000 --> 00:28:27,080
Speaker 1: of my time is focused on my business and growing

660
00:28:27,119 --> 00:28:29,040
Speaker 1: my wealth, and I spent about five or ten percent

661
00:28:29,040 --> 00:28:30,960
Speaker 1: of my time with like what my money is doing

662
00:28:31,119 --> 00:28:33,160
Speaker 1: when I'm not earning it, or like what.

663
00:28:33,400 --> 00:28:35,840
Speaker 3: Yeah, So I would say the breakdown isn't like a

664
00:28:35,840 --> 00:28:39,560
Speaker 3: specific a specific breakdown of time. It's more so a

665
00:28:39,600 --> 00:28:44,000
Speaker 3: breakdown of my life patterns. So the life patterns in

666
00:28:44,040 --> 00:28:46,200
Speaker 3: the business side, it breaks down to active income, and

667
00:28:46,280 --> 00:28:48,440
Speaker 3: it breaks like what I have to work for directly

668
00:28:48,560 --> 00:28:51,760
Speaker 3: versus money that comes in. So I'll create content. Capital

669
00:28:51,800 --> 00:28:54,720
Speaker 3: glob will continue printing subscriptions. I need to create the

670
00:28:54,720 --> 00:28:58,360
Speaker 3: content regardless, so that income just comes in. I have

671
00:28:58,440 --> 00:29:00,960
Speaker 3: my entire team, I have my CEO, Steve tan I

672
00:29:00,960 --> 00:29:03,600
Speaker 3: have my entire organization. There's almost one hundred employees inside

673
00:29:03,640 --> 00:29:06,160
Speaker 3: Capitol Club that build manage that structure. I don't need

674
00:29:06,160 --> 00:29:07,800
Speaker 3: to be there every single day. I spent the last

675
00:29:07,800 --> 00:29:10,120
Speaker 3: four years building that so now it's in a place

676
00:29:10,120 --> 00:29:13,040
Speaker 3: where it consistent in itself, simply because I've created the

677
00:29:13,080 --> 00:29:16,040
Speaker 3: other vehicle of content creation. So content creation fuels this.

678
00:29:16,680 --> 00:29:19,640
Speaker 3: That's more so like my passive stream of consecutive money.

679
00:29:19,640 --> 00:29:22,280
Speaker 3: So I'm not really focused on this besides the product, right,

680
00:29:22,280 --> 00:29:24,120
Speaker 3: because if it's my vision, I need to ensure that

681
00:29:24,160 --> 00:29:27,520
Speaker 3: the product sustains itself, and I'm focused on community retaining people.

682
00:29:27,760 --> 00:29:29,560
Speaker 3: Then on the active income side, it would be like,

683
00:29:30,160 --> 00:29:32,360
Speaker 3: I don't do coaching, but if there was a coaching experience, right,

684
00:29:32,400 --> 00:29:34,920
Speaker 3: So if you do coaching, you can that's your active income.

685
00:29:34,960 --> 00:29:37,160
Speaker 3: That would be money you received right away. I don't

686
00:29:37,160 --> 00:29:39,080
Speaker 3: do a whole lot of that. I don't focus really

687
00:29:39,120 --> 00:29:41,360
Speaker 3: on instant money because I've made money. You know, once

688
00:29:41,400 --> 00:29:44,840
Speaker 3: you scratch that itch of okay, I don't no longer

689
00:29:44,920 --> 00:29:46,920
Speaker 3: need to eat. I think people need to change their

690
00:29:46,920 --> 00:29:49,560
Speaker 3: mindsets from hustler to boss. And I think people start

691
00:29:49,600 --> 00:29:52,720
Speaker 3: making millions, they don't change their mindset, right, it's the

692
00:29:52,760 --> 00:29:54,720
Speaker 3: same mindset that they had when they had nothing. You

693
00:29:54,720 --> 00:29:57,360
Speaker 3: can't have the hungry mindset when you're already full. It

694
00:29:57,360 --> 00:30:00,360
Speaker 3: makes no sense. That becomes gluttony because now when you

695
00:30:00,360 --> 00:30:02,200
Speaker 3: have a lot, you have to begin to share, right,

696
00:30:02,240 --> 00:30:03,760
Speaker 3: and if you want to scale, you need to bring

697
00:30:03,800 --> 00:30:06,840
Speaker 3: people in. So now my main focus is recruitment, right,

698
00:30:06,880 --> 00:30:08,800
Speaker 3: So now I focus on looking for talent and looking

699
00:30:08,840 --> 00:30:11,360
Speaker 3: for opportunities. So now that my main basket, my Nile River,

700
00:30:11,440 --> 00:30:14,800
Speaker 3: is being nurtured and taken care of, I'm bringing new content,

701
00:30:14,840 --> 00:30:18,080
Speaker 3: new eyeboss to build out the ecosystem. If I choose to,

702
00:30:18,160 --> 00:30:20,080
Speaker 3: I can have some sort of active income that requires

703
00:30:20,120 --> 00:30:22,520
Speaker 3: me to dedicate specific hours, but I don't necessarily like

704
00:30:22,560 --> 00:30:24,480
Speaker 3: to do that, and most of my time now is

705
00:30:24,520 --> 00:30:28,600
Speaker 3: focused on looking for new projects, business development, and recruiting

706
00:30:28,720 --> 00:30:31,680
Speaker 3: top tier talent, because if you can recruit top tier talent,

707
00:30:32,080 --> 00:30:33,920
Speaker 3: all you have to do is let them work and

708
00:30:33,960 --> 00:30:36,479
Speaker 3: get out of their fucking way. Yeah, like the recruiting talent.

709
00:30:36,520 --> 00:30:37,760
Speaker 1: We're going to talk about that, but let's just go

710
00:30:37,840 --> 00:30:40,240
Speaker 1: back to it for a minute. So I often say

711
00:30:40,240 --> 00:30:43,120
Speaker 1: that the lines between business owner and investor are very blurred.

712
00:30:43,440 --> 00:30:45,120
Speaker 1: In my career, right when I was out of high school,

713
00:30:45,120 --> 00:30:47,760
Speaker 1: I started buying bank owned properties, fixing them and flipping them,

714
00:30:47,920 --> 00:30:49,960
Speaker 1: and I did over one hundred of those properties. Was

715
00:30:50,000 --> 00:30:52,880
Speaker 1: I a real estate investor? Or? Was my business buying

716
00:30:52,880 --> 00:30:56,280
Speaker 1: and selling houses? I have one hundred grand in my

717
00:30:56,320 --> 00:30:58,320
Speaker 1: bank account. I could just go buy a bitcoin, or

718
00:30:58,360 --> 00:31:00,760
Speaker 1: I could hire a new employee to go do business

719
00:31:00,800 --> 00:31:03,640
Speaker 1: development for me. Am I investing into my business, run

720
00:31:03,720 --> 00:31:06,200
Speaker 1: my business, right, So like the lines are very blurred,

721
00:31:06,520 --> 00:31:08,120
Speaker 1: and I just want people to get an idea of

722
00:31:08,120 --> 00:31:09,960
Speaker 1: this because it's something that I see. So I talk

723
00:31:09,960 --> 00:31:13,120
Speaker 1: about investing, right, I run investment newsletters and things like that.

724
00:31:13,400 --> 00:31:16,280
Speaker 1: And the majority of people, I would say, come into

725
00:31:16,320 --> 00:31:19,960
Speaker 1: my universe and they have a thousand bucks and they

726
00:31:20,040 --> 00:31:21,880
Speaker 1: want to quit their job and be a full time investor,

727
00:31:22,360 --> 00:31:24,040
Speaker 1: and I'm just like, WHOA, Well, well that's.

728
00:31:23,840 --> 00:31:24,640
Speaker 3: Not how it works.

729
00:31:24,680 --> 00:31:27,440
Speaker 1: Like Warren Buffett still goes to work every day at

730
00:31:27,440 --> 00:31:30,640
Speaker 1: a business called Berkshire Hathaway. Ray Dalio still goes to

731
00:31:30,720 --> 00:31:33,360
Speaker 1: a business Bridgewater Capital, right, So it's like you need

732
00:31:33,360 --> 00:31:35,720
Speaker 1: to have the business and then you invest into it.

733
00:31:35,960 --> 00:31:37,560
Speaker 1: So that's why I was kind of curious what your

734
00:31:37,560 --> 00:31:39,760
Speaker 1: thoughts were on that. And so you know, I think

735
00:31:39,800 --> 00:31:42,520
Speaker 1: about and Alex Ramosi's talked about the SMP me right.

736
00:31:42,560 --> 00:31:44,320
Speaker 1: So it's like I asked my buddy the day we

737
00:31:44,360 --> 00:31:46,400
Speaker 1: were down in Mexico together over in the years, and

738
00:31:46,480 --> 00:31:47,760
Speaker 1: I said, you know, if you were going to put

739
00:31:47,760 --> 00:31:50,480
Speaker 1: one hundred thousand dollars into the SMP five hundred. You know,

740
00:31:50,520 --> 00:31:52,360
Speaker 1: the historical average over the last six years about seven

741
00:31:52,400 --> 00:31:54,440
Speaker 1: and a half percent on that you So if you

742
00:31:54,440 --> 00:31:56,080
Speaker 1: put one hundred thousand, an SMP makes seven and a

743
00:31:56,080 --> 00:31:57,680
Speaker 1: half percent. If you put one hundred thousand into your

744
00:31:57,680 --> 00:32:00,200
Speaker 1: business to hire a new business development manager, I think

745
00:32:00,240 --> 00:32:02,800
Speaker 1: they could bring you back more than seven thousand dollars.

746
00:32:03,360 --> 00:32:04,560
Speaker 1: And he said, yeah, I think so.

747
00:32:04,680 --> 00:32:06,960
Speaker 3: I'm like, so, then why don't you do it? I

748
00:32:07,000 --> 00:32:08,720
Speaker 3: guess I never thought of it. But the point because

749
00:32:08,720 --> 00:32:11,920
Speaker 3: they don't because they don't see the employees as an investment.

750
00:32:11,960 --> 00:32:13,840
Speaker 3: They only see it as a salary. And when you're

751
00:32:13,880 --> 00:32:17,640
Speaker 3: paying for an employee, you're investing into them time, energy, paycheck, attention.

752
00:32:17,840 --> 00:32:19,640
Speaker 3: So your goal isn't just for them to do the job.

753
00:32:19,960 --> 00:32:22,080
Speaker 3: My employees, dude, I sit down with them and I

754
00:32:22,120 --> 00:32:23,840
Speaker 3: tell them, this is this is how you can scale

755
00:32:23,920 --> 00:32:26,840
Speaker 3: the organization. This is how this is your growth past,

756
00:32:27,000 --> 00:32:28,920
Speaker 3: this is your growth trajectory. I sit down and I

757
00:32:28,920 --> 00:32:30,960
Speaker 3: have real conversations with them. It's like, Hey, if you

758
00:32:31,040 --> 00:32:33,760
Speaker 3: work well, this is the future that you can potentially

759
00:32:33,800 --> 00:32:37,680
Speaker 3: have within the organization. So it's not just okay, giving

760
00:32:37,680 --> 00:32:39,880
Speaker 3: them the vision of here's a paycheck, but now adding

761
00:32:39,920 --> 00:32:42,200
Speaker 3: to it, it's now they're part owners. Now they feel

762
00:32:42,200 --> 00:32:43,480
Speaker 3: like they're part of the vision. Now they feel like

763
00:32:43,480 --> 00:32:46,320
Speaker 3: they're part of the mission. And now the focus becomes

764
00:32:46,400 --> 00:32:48,400
Speaker 3: a little bit different. Yeah, and to the.

765
00:32:48,320 --> 00:32:51,120
Speaker 1: Point that you made earlier, like people they don't reinvest

766
00:32:51,160 --> 00:32:54,040
Speaker 1: back into themselves, right, So it's like they were hustling, hustling, husting.

767
00:32:54,080 --> 00:32:55,400
Speaker 1: They made the million bucks or whatever it was, a

768
00:32:55,400 --> 00:32:58,000
Speaker 1: couple hundredand whatever that number is for you, but then

769
00:32:58,240 --> 00:33:00,720
Speaker 1: you don't make the shift to then be investor in

770
00:33:00,720 --> 00:33:02,840
Speaker 1: your own business. So I make the hundred grand or

771
00:33:02,880 --> 00:33:04,240
Speaker 1: the million bucks and then I want to go put

772
00:33:04,280 --> 00:33:06,360
Speaker 1: into whatever I'm going to put it into. But then

773
00:33:06,400 --> 00:33:08,120
Speaker 1: I don't invest back into the business within the businesses

774
00:33:08,120 --> 00:33:11,360
Speaker 1: and continue to grow. Right, something like that I think

775
00:33:11,400 --> 00:33:14,200
Speaker 1: about like the mindset shift, the difference. And actually I

776
00:33:14,280 --> 00:33:17,160
Speaker 1: was with one of my one of my portfolio companies

777
00:33:17,160 --> 00:33:19,160
Speaker 1: I was coaching last night and we were talking about

778
00:33:19,160 --> 00:33:22,400
Speaker 1: this specifically and how they're going to close on the

779
00:33:22,400 --> 00:33:24,440
Speaker 1: phone sell the to the product, and I said, the

780
00:33:24,440 --> 00:33:26,680
Speaker 1: difference of a poor mindset and a rich mindset is

781
00:33:26,680 --> 00:33:30,240
Speaker 1: is a poor mindset thinks about the cost, and the

782
00:33:30,360 --> 00:33:34,240
Speaker 1: rich mindset thinks about the value. So would you buy

783
00:33:34,240 --> 00:33:37,520
Speaker 1: this used iPhone for five thousand dollars? Well, if you

784
00:33:37,520 --> 00:33:39,400
Speaker 1: do only think about how expensive it is, you wouldn't.

785
00:33:39,480 --> 00:33:41,040
Speaker 1: But if I said, but my bitcoin, while it's on

786
00:33:41,040 --> 00:33:42,320
Speaker 1: here with one hundred grand, do you want to get

787
00:33:42,320 --> 00:33:44,880
Speaker 1: me five grand now? Right? And so that's sort of

788
00:33:44,920 --> 00:33:46,920
Speaker 1: like the mindset shift that people have to go through,

789
00:33:46,960 --> 00:33:49,760
Speaker 1: like thinking about the value that I'm going to get,

790
00:33:50,280 --> 00:33:52,600
Speaker 1: not spending my time, investing my time, not spending my money,

791
00:33:52,640 --> 00:33:54,520
Speaker 1: but investing my money and not and back into the

792
00:33:54,520 --> 00:33:56,800
Speaker 1: business for that growth. So I think it's an important

793
00:33:56,800 --> 00:34:00,200
Speaker 1: point to hit really create, create, create wealth.

794
00:34:00,280 --> 00:34:03,080
Speaker 3: And it's understanding that you don't have to make money

795
00:34:03,080 --> 00:34:06,600
Speaker 3: every single day, every moment of the day to be productively.

796
00:34:07,280 --> 00:34:10,080
Speaker 3: Only a fool would plant a seed and watch it

797
00:34:10,160 --> 00:34:14,400
Speaker 3: and be angry and observe it the same day. Mother Girlmother. No,

798
00:34:14,800 --> 00:34:17,400
Speaker 3: the world has a natural process. There's an ebbs, and

799
00:34:17,480 --> 00:34:20,080
Speaker 3: there's an ebb and flow to nature. You are part

800
00:34:20,120 --> 00:34:22,920
Speaker 3: of nature. You cannot go beyond universal law. There's a

801
00:34:22,960 --> 00:34:25,439
Speaker 3: time and a season for everything. So there's a time

802
00:34:25,480 --> 00:34:27,200
Speaker 3: and a season for harvesting and there's a time and

803
00:34:27,200 --> 00:34:30,120
Speaker 3: the season for sowing, right, So when are you sewing?

804
00:34:30,200 --> 00:34:33,080
Speaker 3: If you're sewing, it'll eventually come to you. What people

805
00:34:33,080 --> 00:34:35,400
Speaker 3: don't seem to understand is the success that you enjoy

806
00:34:35,440 --> 00:34:39,120
Speaker 3: today isn't from today's actions. It's from the accumulation of

807
00:34:39,200 --> 00:34:41,600
Speaker 3: all the past seeds. And then people end up losing

808
00:34:41,640 --> 00:34:43,600
Speaker 3: in the future. Yeah, that's because you slacked off today

809
00:34:43,760 --> 00:34:46,520
Speaker 3: because you're focused on the rewards from the past, thinking

810
00:34:46,560 --> 00:34:48,879
Speaker 3: that you're eating them and indulging on them today, when

811
00:34:48,920 --> 00:34:51,200
Speaker 3: in fact, you're just indulging from past performance. And if

812
00:34:51,239 --> 00:34:53,960
Speaker 3: you leave illness in the present moment, your future is

813
00:34:53,960 --> 00:34:56,800
Speaker 3: going to get fucked. So it's like, how can you continue?

814
00:34:56,800 --> 00:35:00,279
Speaker 3: And that's that's the supertrap, Right. You start accumulating wealth,

815
00:35:00,320 --> 00:35:03,080
Speaker 3: you start making money, and you start slowing down, slowing down,

816
00:35:03,200 --> 00:35:06,799
Speaker 3: slowing down, slowing down, slowing down, because your attachment and

817
00:35:06,840 --> 00:35:11,560
Speaker 3: your value and your perspective of what it means to

818
00:35:11,600 --> 00:35:14,560
Speaker 3: be high performance or productive is attached to dollars. But

819
00:35:14,640 --> 00:35:17,600
Speaker 3: there's so many things in life that transcend dollars that

820
00:35:17,640 --> 00:35:20,720
Speaker 3: you can focus on your health, your nutrition, your family.

821
00:35:20,760 --> 00:35:23,479
Speaker 3: I was speaking to a guy that had done over

822
00:35:23,520 --> 00:35:26,279
Speaker 3: a billion dollars in real estate. Real estate sales made

823
00:35:26,320 --> 00:35:28,000
Speaker 3: a fuck ton of money in commercial real estate. And

824
00:35:28,040 --> 00:35:30,400
Speaker 3: he said, I spent twenty years getting good at business.

825
00:35:30,760 --> 00:35:32,640
Speaker 3: Now I need to spend the next twenty years learning

826
00:35:32,640 --> 00:35:34,600
Speaker 3: how to become a good father. So it's like his

827
00:35:34,719 --> 00:35:37,840
Speaker 3: focus changed completely because you realize that to become a

828
00:35:37,880 --> 00:35:41,400
Speaker 3: complete man, to become a full successful individual, there were

829
00:35:41,440 --> 00:35:43,640
Speaker 3: other areas that he had to work on and spend time,

830
00:35:43,760 --> 00:35:47,080
Speaker 3: energy and attention that weren't going to yield necessarily net dollars,

831
00:35:47,560 --> 00:35:49,680
Speaker 3: but that were still part of his development and his process,

832
00:35:49,719 --> 00:35:51,160
Speaker 3: and that was yet productive. Yeah.

833
00:35:51,560 --> 00:35:53,600
Speaker 1: Yeah, most personal development would tell you there's at least

834
00:35:53,640 --> 00:35:55,759
Speaker 1: three and usually four categories of your life that you

835
00:35:55,840 --> 00:35:59,040
Speaker 1: need to work on, and that would be like health, wealth,

836
00:35:59,280 --> 00:36:02,359
Speaker 1: your business, then be your relationships, and then the third

837
00:36:02,440 --> 00:36:03,840
Speaker 1: fourth one that people their own and be like your

838
00:36:03,880 --> 00:36:06,760
Speaker 1: own spirituality, like where you're at with that, and really,

839
00:36:06,800 --> 00:36:10,040
Speaker 1: if all four, three or four aren't worked on together,

840
00:36:10,120 --> 00:36:12,920
Speaker 1: then they hold you back. So for example, I'm really

841
00:36:12,960 --> 00:36:15,239
Speaker 1: good with making money and I spend a lot of

842
00:36:15,280 --> 00:36:17,160
Speaker 1: time with my family, but I'm three hundred pounds and

843
00:36:17,200 --> 00:36:18,920
Speaker 1: I'm sick and I'm tired, So then I don't have

844
00:36:18,960 --> 00:36:21,719
Speaker 1: the mental clarity or the energy to do as well

845
00:36:21,760 --> 00:36:23,880
Speaker 1: in business or with my family as I could. So

846
00:36:24,040 --> 00:36:25,960
Speaker 1: if I got my health up, then my business and

847
00:36:26,000 --> 00:36:28,719
Speaker 1: health would grow. If I'm really healthy, I'm in the

848
00:36:28,719 --> 00:36:29,960
Speaker 1: gym all the time when I make a bunch of money,

849
00:36:29,960 --> 00:36:32,040
Speaker 1: but my relationships are crap. That holds me back because

850
00:36:32,080 --> 00:36:34,239
Speaker 1: I don't have that support network behind me. Yes, and

851
00:36:34,280 --> 00:36:36,359
Speaker 1: so really you want to keep all of those going

852
00:36:36,360 --> 00:36:37,960
Speaker 1: together and they multiply each other.

853
00:36:38,160 --> 00:36:41,920
Speaker 3: Leonardo da Vinci famously said to develop a complete mind,

854
00:36:42,560 --> 00:36:46,120
Speaker 3: study the science of art, and study the art of science.

855
00:36:46,840 --> 00:36:50,919
Speaker 3: Learn how to see. Realize that everything connects to everything else.

856
00:36:51,320 --> 00:36:53,719
Speaker 3: Then he continues to say, He says, God will sell

857
00:36:53,760 --> 00:36:56,919
Speaker 3: you all things at the price of work. God will

858
00:36:56,920 --> 00:36:59,080
Speaker 3: sell you all things at the price of labor. So

859
00:36:59,480 --> 00:37:02,120
Speaker 3: first to understand that everything connects to everything else. So

860
00:37:02,280 --> 00:37:04,239
Speaker 3: how you treat your wife, how you treat your kids,

861
00:37:04,280 --> 00:37:06,040
Speaker 3: it's going to it. It's going to reflect how you

862
00:37:06,080 --> 00:37:09,640
Speaker 3: treat your employees, how you treat the waitress, how you

863
00:37:09,800 --> 00:37:12,279
Speaker 3: treat in business, or how you're loyal in business. It's

864
00:37:12,320 --> 00:37:14,799
Speaker 3: going to be a reflection as to everything else that

865
00:37:14,840 --> 00:37:16,759
Speaker 3: you do. So to develop a complete mind, is to

866
00:37:16,840 --> 00:37:20,239
Speaker 3: understand everything is in unison, everything is in harmony, and

867
00:37:20,280 --> 00:37:22,359
Speaker 3: to not be in harmony in one area is to

868
00:37:22,360 --> 00:37:25,719
Speaker 3: be dysfunctional in everything. It's like having a toothache being

869
00:37:25,800 --> 00:37:30,319
Speaker 3: ripped six pack tan fucking great physique, but you have

870
00:37:30,320 --> 00:37:34,040
Speaker 3: a toothache. Yeah, everything is miserable. So unless you develop

871
00:37:34,040 --> 00:37:36,640
Speaker 3: a complete mind and full focus and understand that God

872
00:37:36,680 --> 00:37:38,640
Speaker 3: will give you anything, but you have to work for it.

873
00:37:38,880 --> 00:37:41,200
Speaker 3: You have to You have to exchange and transmute this

874
00:37:41,360 --> 00:37:44,800
Speaker 3: energy and this life power and this life will into creating,

875
00:37:44,880 --> 00:37:47,839
Speaker 3: materializing something to you into the universe, into the physical world.

876
00:37:48,120 --> 00:37:50,080
Speaker 3: It's going to take labor, but you have to do

877
00:37:50,120 --> 00:37:53,040
Speaker 3: it with unison and completion. If not, you're not going

878
00:37:53,080 --> 00:37:55,279
Speaker 3: to win. Yeah, I love that. I've never heard that quote.

879
00:37:55,280 --> 00:37:56,480
Speaker 3: I wrote it down. I'm gonna go look it up.

880
00:37:56,520 --> 00:37:59,520
Speaker 1: But I talk about everything has a cost to the

881
00:37:59,760 --> 00:38:03,440
Speaker 1: point that you're making and everything you can sell a

882
00:38:03,719 --> 00:38:05,560
Speaker 1: God will sell you everything at the price of your work.

883
00:38:05,800 --> 00:38:08,000
Speaker 1: So the cost to get what you want is going

884
00:38:08,080 --> 00:38:11,040
Speaker 1: to be your time, typically, your time, your labor, you

885
00:38:11,040 --> 00:38:13,600
Speaker 1: after energy, things like that. And you could say, well,

886
00:38:13,640 --> 00:38:15,120
Speaker 1: the cost to getting in shape is I have to

887
00:38:15,200 --> 00:38:16,319
Speaker 1: join the gym, and I have to go to the gym.

888
00:38:16,320 --> 00:38:18,719
Speaker 1: I have to dedicate time and attention to that. But

889
00:38:18,840 --> 00:38:23,160
Speaker 1: also there's a saying that says, either either you sacrifice

890
00:38:23,520 --> 00:38:26,120
Speaker 1: things today to get what you want, or those things

891
00:38:26,160 --> 00:38:28,480
Speaker 1: become the sacrifice. Yes, so one way or another, it's

892
00:38:28,480 --> 00:38:30,000
Speaker 1: going to it's either going to cost you my time

893
00:38:30,040 --> 00:38:31,720
Speaker 1: today or is going to cost my future dream.

894
00:38:32,080 --> 00:38:35,280
Speaker 3: And that principle of God will sell you all things

895
00:38:35,360 --> 00:38:39,680
Speaker 3: at the price of labor led me to the belief.

896
00:38:40,280 --> 00:38:42,800
Speaker 3: Excuse me, led me to not the belief because belief

897
00:38:43,200 --> 00:38:46,040
Speaker 3: entails religion or a system that you can't see. It

898
00:38:46,080 --> 00:38:49,880
Speaker 3: made me realize the power of bitcoin. Why now, this

899
00:38:50,040 --> 00:38:53,560
Speaker 3: is a complete flip. But when God sells you all

900
00:38:53,600 --> 00:38:56,880
Speaker 3: things at the price of labor, labor represents energy input.

901
00:38:57,280 --> 00:38:59,680
Speaker 3: So the system, the machine that we talk about this

902
00:39:00,200 --> 00:39:02,520
Speaker 3: if you're born year two hundred and the slavery machine,

903
00:39:02,520 --> 00:39:04,319
Speaker 3: you don't know what being free or using your own

904
00:39:04,360 --> 00:39:07,000
Speaker 3: autonomous energy to create things for yourself looks like. So

905
00:39:07,120 --> 00:39:11,920
Speaker 3: now you're in a situation whereby you're using your energy

906
00:39:12,000 --> 00:39:15,040
Speaker 3: to create things that don't belong to you. So, for example,

907
00:39:15,280 --> 00:39:17,279
Speaker 3: you have this money that's printed out of thin air.

908
00:39:17,440 --> 00:39:22,120
Speaker 3: There is no energy input that's sustaining the US dollar.

909
00:39:22,200 --> 00:39:25,920
Speaker 3: How many people we printed six trillion dollars who worked?

910
00:39:26,040 --> 00:39:29,240
Speaker 3: What type of energy was input to print that money? None? None,

911
00:39:29,400 --> 00:39:31,839
Speaker 3: But what about the money right that was printed through

912
00:39:31,920 --> 00:39:34,799
Speaker 3: energy that becomes devalued. The money doesn't become devalued. What

913
00:39:34,840 --> 00:39:39,160
Speaker 3: becomes devalued your energy. Your energy that you've put in

914
00:39:39,320 --> 00:39:44,000
Speaker 3: dollars as a value of energy now is being slowly

915
00:39:44,040 --> 00:39:47,839
Speaker 3: trickled and depleted. So what happens. God can't sell you

916
00:39:47,960 --> 00:39:50,120
Speaker 3: all the things at the cost of labor if you're

917
00:39:50,160 --> 00:39:53,600
Speaker 3: in the FIAT system because the energy right, well, whatever

918
00:39:53,640 --> 00:39:56,040
Speaker 3: God wants to pay you is slowly being taxed or

919
00:39:56,120 --> 00:40:01,080
Speaker 3: slowly being filtered out. So that led me to if

920
00:40:01,080 --> 00:40:03,239
Speaker 3: I'm going to get anything in life at the cost

921
00:40:03,280 --> 00:40:06,319
Speaker 3: of my life force energy. So I need to take

922
00:40:06,360 --> 00:40:09,879
Speaker 3: my life, my energy and materialize it into something. Whatever

923
00:40:09,920 --> 00:40:12,360
Speaker 3: I materialize it into has to be able to sustain

924
00:40:12,440 --> 00:40:15,520
Speaker 3: its energy and has to be able to sustain It's

925
00:40:16,560 --> 00:40:19,000
Speaker 3: if you pay me ten thousand dollars today for a

926
00:40:19,040 --> 00:40:22,080
Speaker 3: phone call or a consultation call, and I put it

927
00:40:22,120 --> 00:40:24,840
Speaker 3: in the bank today, I would be able to redeem

928
00:40:24,840 --> 00:40:28,360
Speaker 3: that ten thousand dollars for something completely different than what

929
00:40:28,400 --> 00:40:30,120
Speaker 3: I would be able to redeem that ten thousand dollars

930
00:40:30,160 --> 00:40:32,440
Speaker 3: in ten years if it was Inia, if it was

931
00:40:32,440 --> 00:40:35,919
Speaker 3: in fiat. So it's not that my money's worthless, it's

932
00:40:35,920 --> 00:40:38,640
Speaker 3: that my energy's worthless because my energy can now no

933
00:40:38,960 --> 00:40:41,000
Speaker 3: longer purchase what it used to. So that led me

934
00:40:41,040 --> 00:40:45,320
Speaker 3: to believe to find something that requires energy for existence.

935
00:40:46,040 --> 00:40:52,000
Speaker 3: Bitcoin requires literal physical energy input for existence. So what

936
00:40:52,040 --> 00:40:55,520
Speaker 3: you're buying from bitcoin, you're not buying bitcoin. What you're

937
00:40:55,520 --> 00:40:59,960
Speaker 3: buying is an immutable storage of perfect energy.

938
00:41:01,080 --> 00:41:02,840
Speaker 1: I love that, and we talk about that on a

939
00:41:02,880 --> 00:41:04,799
Speaker 1: philosophical level a lot which a lot of people think

940
00:41:04,880 --> 00:41:06,200
Speaker 1: is not on new new stuff and we don't need

941
00:41:06,200 --> 00:41:07,399
Speaker 1: to pay attention to it. But if you don't really

942
00:41:07,480 --> 00:41:09,879
Speaker 1: understand this, then you don't understand the whole key behind life.

943
00:41:09,920 --> 00:41:12,680
Speaker 1: And so the law of energy is that energy cannot

944
00:41:12,719 --> 00:41:17,440
Speaker 1: be created, it can only be transferred. Yes, so we

945
00:41:17,480 --> 00:41:21,759
Speaker 1: have food which gives me calories. Calories are measures measurements

946
00:41:21,760 --> 00:41:24,960
Speaker 1: of energy, and then I expend those calories by thinking,

947
00:41:25,000 --> 00:41:28,400
Speaker 1: by working, by doing so, I'm spending my energy my life,

948
00:41:28,840 --> 00:41:31,400
Speaker 1: if you will. And then let's say that I'm working

949
00:41:31,440 --> 00:41:34,239
Speaker 1: for four hours to earn enough to live for that day.

950
00:41:34,400 --> 00:41:35,879
Speaker 1: But then one day I decide to work in extra

951
00:41:35,920 --> 00:41:38,160
Speaker 1: four hours, Well, then I want to save that extra

952
00:41:38,320 --> 00:41:41,480
Speaker 1: energy in something that I could then choose to spend

953
00:41:41,480 --> 00:41:42,320
Speaker 1: tomorrow so I don't.

954
00:41:42,120 --> 00:41:44,240
Speaker 3: Have to work. And then the goal so that's sort.

955
00:41:44,080 --> 00:41:46,920
Speaker 1: Of like your life battery, if you will, right, and

956
00:41:47,200 --> 00:41:49,400
Speaker 1: the goal is that that battery holds its charge. You

957
00:41:49,440 --> 00:41:51,359
Speaker 1: don't want that to lose power. But to your point,

958
00:41:51,360 --> 00:41:54,040
Speaker 1: the FIAT system is like a battery. That's like if

959
00:41:54,080 --> 00:41:56,480
Speaker 1: you've ever gone like up in the mountains where it's cold,

960
00:41:56,560 --> 00:41:58,600
Speaker 1: like your batteries they die real quickly, right, So, like

961
00:41:58,760 --> 00:42:01,200
Speaker 1: you have this battery that's losing and Bitcoin is a

962
00:42:01,200 --> 00:42:03,760
Speaker 1: different type of battery that can hold that energy, and.

963
00:42:03,840 --> 00:42:06,040
Speaker 3: It's your life. It's like literally your life.

964
00:42:06,080 --> 00:42:07,560
Speaker 1: As a matter of fact, I just put out a

965
00:42:07,600 --> 00:42:09,440
Speaker 1: tweet a couple of days ago now to got my

966
00:42:09,440 --> 00:42:15,640
Speaker 1: Twitter account back talking about inflation increased the cost by

967
00:42:16,600 --> 00:42:20,319
Speaker 1: thirty two thousand dollars. So for the average worker at

968
00:42:20,320 --> 00:42:22,200
Speaker 1: thirty two dollars an hour, which is the medium pay,

969
00:42:22,680 --> 00:42:26,440
Speaker 1: it was taking them about three hundred extra hours per

970
00:42:26,560 --> 00:42:29,359
Speaker 1: year to have the same quality of life that they

971
00:42:29,360 --> 00:42:33,480
Speaker 1: had the year before. So three hundred hours per year

972
00:42:33,520 --> 00:42:35,799
Speaker 1: of your life. That's your life that you could be

973
00:42:36,320 --> 00:42:38,760
Speaker 1: in the gym, getting in shape with your kids, teaching

974
00:42:38,760 --> 00:42:41,640
Speaker 1: them lessons, with your wife, building your relationship. Three hundred

975
00:42:41,680 --> 00:42:43,120
Speaker 1: hours of your life.

976
00:42:43,040 --> 00:42:47,080
Speaker 3: Your energy expended for the same thing that was last year. Yeah,

977
00:42:47,120 --> 00:42:49,960
Speaker 3: And what I came to realize is we were talking

978
00:42:49,960 --> 00:42:52,640
Speaker 3: about going back to the creating part, multiplying and preserving

979
00:42:52,680 --> 00:42:57,920
Speaker 3: of wealth, the multiplication factor. People need to realize I

980
00:42:58,000 --> 00:43:01,680
Speaker 3: need to stop expending my time, time and my energy

981
00:43:01,800 --> 00:43:07,160
Speaker 3: four dollars. That's the process of building gardens or ecosystems

982
00:43:07,160 --> 00:43:11,000
Speaker 3: where money works and makes itself. Is it no longer

983
00:43:11,120 --> 00:43:15,080
Speaker 3: requires time and energy to make it. If we go

984
00:43:15,120 --> 00:43:17,040
Speaker 3: into the Louisvitton story and I go with somebody that

985
00:43:17,080 --> 00:43:19,279
Speaker 3: makes one thousand dollars a month, they're going to look

986
00:43:19,280 --> 00:43:22,080
Speaker 3: at a Louis Vuitton wallet that's worth five hundred dollars

987
00:43:22,160 --> 00:43:24,840
Speaker 3: differently than me because to me, five hundred dollars it

988
00:43:24,840 --> 00:43:27,319
Speaker 3: didn't require any time, energy or intention for me to

989
00:43:27,320 --> 00:43:30,520
Speaker 3: make it. This person it required three weeks of time

990
00:43:30,640 --> 00:43:32,680
Speaker 3: and or two weeks of time, energy and attention. So

991
00:43:32,719 --> 00:43:35,880
Speaker 3: they'll value the wallet in direct proportion to the amount

992
00:43:35,920 --> 00:43:38,080
Speaker 3: of effort and labor that it took them to produce

993
00:43:38,320 --> 00:43:41,840
Speaker 3: what the necessary energy to purchase that wallet. So now

994
00:43:41,920 --> 00:43:44,760
Speaker 3: I'm no longer in the premise of is this cheaper

995
00:43:44,760 --> 00:43:49,279
Speaker 3: as it's expensive? How much energy and life span and

996
00:43:49,320 --> 00:43:51,400
Speaker 3: time did it take me to acquire that thing? Because

997
00:43:51,440 --> 00:43:54,480
Speaker 3: you don't buy things in life, hear me, clearly, you

998
00:43:54,480 --> 00:43:57,279
Speaker 3: don't buy things in life with money. You buy things

999
00:43:57,280 --> 00:44:00,200
Speaker 3: in life with the time that it takes you to

1000
00:44:00,320 --> 00:44:03,600
Speaker 3: make that money. So the objective of multiplying your wealth

1001
00:44:03,680 --> 00:44:05,600
Speaker 3: is to be in a situation where you no longer

1002
00:44:05,640 --> 00:44:08,040
Speaker 3: work for money, but you work towards creating systems that

1003
00:44:08,120 --> 00:44:10,560
Speaker 3: create money, giving you the freedom so that you can

1004
00:44:10,640 --> 00:44:13,040
Speaker 3: use your energy to do what you want in life.

1005
00:44:13,280 --> 00:44:15,799
Speaker 1: Yeah, let me ask you about this. If you think

1006
00:44:15,840 --> 00:44:20,040
Speaker 1: about money, I say that we don't want money. Nobody

1007
00:44:20,040 --> 00:44:22,160
Speaker 1: wants money. What we want is the goods and services

1008
00:44:22,160 --> 00:44:24,480
Speaker 1: that money buys us. But if you think about money,

1009
00:44:24,520 --> 00:44:27,520
Speaker 1: for example, it's like an exchange of value. It represents

1010
00:44:27,600 --> 00:44:31,040
Speaker 1: value exchange. So I could say, hey, Luke, let me

1011
00:44:31,040 --> 00:44:32,640
Speaker 1: come over to your house and help you move this weekend,

1012
00:44:32,719 --> 00:44:34,120
Speaker 1: or hey, let me come build a fence for you,

1013
00:44:34,200 --> 00:44:35,600
Speaker 1: or let me paint your house, or let me build

1014
00:44:35,600 --> 00:44:36,279
Speaker 1: a website for you.

1015
00:44:36,600 --> 00:44:38,240
Speaker 3: If I, as a friend were.

1016
00:44:38,080 --> 00:44:40,080
Speaker 1: To say, hey, I'm going to help you move this weekend,

1017
00:44:40,360 --> 00:44:42,279
Speaker 1: then I would have built goodwill with you, and you

1018
00:44:42,280 --> 00:44:43,799
Speaker 1: would sort of owe me a favor back.

1019
00:44:43,960 --> 00:44:45,320
Speaker 3: Right, We're not going to write.

1020
00:44:45,120 --> 00:44:46,880
Speaker 1: It on paper, but like maybe you would help me

1021
00:44:46,920 --> 00:44:50,560
Speaker 1: do something a social credit a social credit, right, So

1022
00:44:50,600 --> 00:44:54,120
Speaker 1: then really by me providing you value, it's sort of

1023
00:44:54,160 --> 00:44:56,560
Speaker 1: like a favor, and now you give me an iowe

1024
00:44:56,600 --> 00:44:59,080
Speaker 1: you that you owe me a favor some value in

1025
00:44:59,080 --> 00:45:03,000
Speaker 1: the future. But that's like a barter system. So if

1026
00:45:03,040 --> 00:45:05,680
Speaker 1: we want to scale past the barter system, then we

1027
00:45:05,719 --> 00:45:08,479
Speaker 1: need something a sort of io you that I could

1028
00:45:08,480 --> 00:45:10,920
Speaker 1: go to give somebody else. So the dollar sort of

1029
00:45:11,000 --> 00:45:14,440
Speaker 1: represents an IOU. So I've built you a fence, I

1030
00:45:14,520 --> 00:45:18,200
Speaker 1: helped you move. You give me an IOU that's recognizable.

1031
00:45:18,200 --> 00:45:20,920
Speaker 1: It's a medium exchange to get other favors from other people. Yes,

1032
00:45:21,160 --> 00:45:23,840
Speaker 1: And if you think about that philosophically, then I'm going

1033
00:45:23,920 --> 00:45:26,239
Speaker 1: to say something people don't like to hear, and that

1034
00:45:26,400 --> 00:45:31,680
Speaker 1: means that if you're broke, you're kind of selfish. How

1035
00:45:31,719 --> 00:45:33,680
Speaker 1: much good will have you put into the world? How

1036
00:45:33,680 --> 00:45:37,080
Speaker 1: many iou slips are you sitting on in that barter environment.

1037
00:45:37,360 --> 00:45:39,040
Speaker 1: If I helped you move, and you move and you move,

1038
00:45:39,080 --> 00:45:40,480
Speaker 1: and I built you offense and your website, and I

1039
00:45:40,520 --> 00:45:43,919
Speaker 1: collected all these favor iou statements, the person that had

1040
00:45:43,920 --> 00:45:45,960
Speaker 1: the most amount of favor IOUs you would say, Man,

1041
00:45:46,040 --> 00:45:47,319
Speaker 1: that guy's really generous.

1042
00:45:47,040 --> 00:45:49,360
Speaker 3: Because you get paid in proportion to the value that

1043
00:45:49,400 --> 00:45:52,799
Speaker 3: you provide. Bing No, And the thing is the marketplace

1044
00:45:53,040 --> 00:45:54,640
Speaker 3: will pay you in proportion to that. So if you

1045
00:45:54,640 --> 00:45:56,719
Speaker 3: have no value to provide, it's either you don't know

1046
00:45:56,760 --> 00:45:58,680
Speaker 3: how to provide value, or nobody can see the value

1047
00:45:58,760 --> 00:46:01,600
Speaker 3: you can provide because either you don't showcase or it's

1048
00:46:01,640 --> 00:46:03,120
Speaker 3: just not there. I agree fully.

1049
00:46:03,360 --> 00:46:05,040
Speaker 1: Yeah, it's an interesting way to look at it when

1050
00:46:05,080 --> 00:46:07,160
Speaker 1: you look at it from a philosophical angle. Let's talk

1051
00:46:07,160 --> 00:46:09,759
Speaker 1: about it now from like a more of a we'll

1052
00:46:09,760 --> 00:46:11,399
Speaker 1: stay on the philosophical but let's look at it from

1053
00:46:11,400 --> 00:46:14,080
Speaker 1: like a freedom angle. Now. I've often said many times,

1054
00:46:14,080 --> 00:46:18,240
Speaker 1: and I strongly believe that there is no freedom without

1055
00:46:18,280 --> 00:46:21,080
Speaker 1: the freedom to transact. And really it starts with the

1056
00:46:21,080 --> 00:46:24,359
Speaker 1: freedom of private property. So back to me being able

1057
00:46:24,400 --> 00:46:27,359
Speaker 1: to store my value, store my energy. That's my first

1058
00:46:27,360 --> 00:46:29,680
Speaker 1: form of private property. Do I store it in dollars

1059
00:46:29,760 --> 00:46:31,320
Speaker 1: or bitcoin or gold, or do I store it in

1060
00:46:31,400 --> 00:46:34,440
Speaker 1: a ranch with cows. However I decide I want to

1061
00:46:34,440 --> 00:46:36,760
Speaker 1: store that. That's my life battery. So that's my property.

1062
00:46:36,800 --> 00:46:38,480
Speaker 1: And if you take that cow for me, or take

1063
00:46:38,560 --> 00:46:41,440
Speaker 1: my money from me, that's my life, you're literally stealing it.

1064
00:46:41,960 --> 00:46:44,000
Speaker 1: But then the freedom starts with being able to control

1065
00:46:44,000 --> 00:46:45,879
Speaker 1: the private property, but then more important to be able

1066
00:46:45,920 --> 00:46:49,920
Speaker 1: to transact. And so we see today that the governments

1067
00:46:49,960 --> 00:46:52,400
Speaker 1: of the world want to continue to impede that ability

1068
00:46:52,400 --> 00:46:55,560
Speaker 1: for us to transact freely. And I'm curious your point

1069
00:46:56,200 --> 00:47:00,480
Speaker 1: or your point of view coming from Argentina. So Argentina

1070
00:47:00,520 --> 00:47:03,880
Speaker 1: is sort of the textbook example today of sort of

1071
00:47:03,880 --> 00:47:07,239
Speaker 1: society breaking down and hyper inflation where people couldn't even

1072
00:47:07,280 --> 00:47:10,239
Speaker 1: hold their money anymore. And as I was with you

1073
00:47:10,320 --> 00:47:12,960
Speaker 1: and your team in Spain last year, I was told

1074
00:47:12,960 --> 00:47:14,480
Speaker 1: that I wasn't really aware of this, like you're not

1075
00:47:14,560 --> 00:47:16,760
Speaker 1: even allowed to spend much of your money.

1076
00:47:16,800 --> 00:47:18,960
Speaker 3: So I think you're not even allowed to spend dollar.

1077
00:47:19,040 --> 00:47:20,920
Speaker 3: You have X amount of dollars that you can withdraw

1078
00:47:21,080 --> 00:47:22,480
Speaker 3: per month, but I.

1079
00:47:22,520 --> 00:47:25,239
Speaker 1: Think maybe I mean from your team said like you

1080
00:47:25,280 --> 00:47:27,399
Speaker 1: couldn't even spend more than three hundred dollars a month

1081
00:47:27,400 --> 00:47:31,120
Speaker 1: on your credit card couldn't because or they would exchange

1082
00:47:31,120 --> 00:47:32,800
Speaker 1: at a very high rate seven hundred to one or

1083
00:47:32,840 --> 00:47:35,160
Speaker 1: something like that. Right, so like they wouldn't even allow

1084
00:47:35,239 --> 00:47:37,759
Speaker 1: you to spend your own one, well, they wouldn't allow

1085
00:47:37,800 --> 00:47:39,759
Speaker 1: to spend your money. Capital controls lock you in and

1086
00:47:39,800 --> 00:47:41,360
Speaker 1: then they would just continue to steal from you.

1087
00:47:41,920 --> 00:47:45,480
Speaker 3: And the crazy part is people need to understand that

1088
00:47:45,560 --> 00:47:50,200
Speaker 3: the money system isn't just just an accounting system. It's

1089
00:47:50,680 --> 00:47:54,720
Speaker 3: a tool of power. So when when the coinage was created,

1090
00:47:54,719 --> 00:47:59,839
Speaker 3: for example, seven hundred year seven hundred around the BC

1091
00:48:00,000 --> 00:48:02,759
Speaker 3: seven hundred, I think it was in Turkey, that was

1092
00:48:02,800 --> 00:48:05,200
Speaker 3: the first introduction of the coin. Right, so coin just

1093
00:48:05,239 --> 00:48:08,520
Speaker 3: like bitcoin, it's not money, it's technology. It's technology of

1094
00:48:08,520 --> 00:48:11,239
Speaker 3: what the ripmittants of value. That's all it is. So

1095
00:48:11,320 --> 00:48:14,200
Speaker 3: the coin was the standardized remittance of value from A

1096
00:48:14,400 --> 00:48:17,200
Speaker 3: to b. I could actually move it. How do you

1097
00:48:17,239 --> 00:48:20,120
Speaker 3: make a cow divisible? If I want to sell you

1098
00:48:20,160 --> 00:48:22,760
Speaker 3: a ranch and it's going to cost me nineteen point

1099
00:48:22,800 --> 00:48:25,080
Speaker 3: five cows, it makes no sense because now I have

1100
00:48:25,080 --> 00:48:27,840
Speaker 3: a cow that's worthless. So it's no scalability in that

1101
00:48:27,960 --> 00:48:30,440
Speaker 3: in that idea. So now I have money, and as

1102
00:48:30,440 --> 00:48:32,400
Speaker 3: soon as money came into the in the side of

1103
00:48:32,440 --> 00:48:36,799
Speaker 3: like coinage, you begin to sell see barons, kings, people

1104
00:48:36,880 --> 00:48:39,759
Speaker 3: that could actually hold currency and had some sort of

1105
00:48:42,760 --> 00:48:44,279
Speaker 3: In this case, back in the day it would be

1106
00:48:44,400 --> 00:48:48,200
Speaker 3: army that could sustain their sovereignty. You would do quite

1107
00:48:48,239 --> 00:48:51,520
Speaker 3: well with coinage. The issue with coins is that they

1108
00:48:51,560 --> 00:48:56,279
Speaker 3: began to get debased, so they introduced metals that would

1109
00:48:56,280 --> 00:48:58,640
Speaker 3: debase the currency. So for example Rome, Let's say they

1110
00:48:58,680 --> 00:49:01,359
Speaker 3: conquered the entire known world and they had no more

1111
00:49:01,560 --> 00:49:04,920
Speaker 3: kingdoms to conquer, therefore no more gold production, therefore no

1112
00:49:05,000 --> 00:49:07,440
Speaker 3: more economic growth, so they had to debase the currency.

1113
00:49:07,760 --> 00:49:10,720
Speaker 3: The issue with that is that now you no longer

1114
00:49:10,760 --> 00:49:13,320
Speaker 3: know what's legit, you no longer know what's false. Remember

1115
00:49:13,360 --> 00:49:15,879
Speaker 3: how there's this verse in the Bible says that God

1116
00:49:15,920 --> 00:49:19,719
Speaker 3: abhors the misbalancing of weights because back in the day

1117
00:49:19,760 --> 00:49:21,879
Speaker 3: gold wasn't measured by units, it was measured by weight,

1118
00:49:22,360 --> 00:49:25,600
Speaker 3: so everything had to have a fair balance. Now we

1119
00:49:25,680 --> 00:49:28,840
Speaker 3: have the introduction of the fiat system, which was initially

1120
00:49:28,960 --> 00:49:32,680
Speaker 3: a physical representation of the gold. Who's in iou exactly?

1121
00:49:33,120 --> 00:49:37,040
Speaker 3: Now that io, you got overprinted? Bullshit? Now the government

1122
00:49:37,080 --> 00:49:41,360
Speaker 3: got into bed with this entire scam, i e. The

1123
00:49:41,400 --> 00:49:44,480
Speaker 3: introduction of bitcoin, which goes back to the bartering system,

1124
00:49:44,960 --> 00:49:49,960
Speaker 3: but with the technological advancement of no middleman necessary. What

1125
00:49:50,040 --> 00:49:55,239
Speaker 3: happens in society, especially with governments, is the new technological

1126
00:49:55,239 --> 00:50:00,480
Speaker 3: advancement produces a temporary period of time of sovereignty. So

1127
00:50:00,520 --> 00:50:04,600
Speaker 3: when coinage came, new barons rose, new sheikhs rose, new

1128
00:50:04,640 --> 00:50:08,480
Speaker 3: czars came into power, new money. Same thing happened with

1129
00:50:08,520 --> 00:50:11,319
Speaker 3: the radio. As soon as the radio was introduced into

1130
00:50:11,320 --> 00:50:15,400
Speaker 3: the house. One of the big criterias for the government

1131
00:50:15,440 --> 00:50:18,320
Speaker 3: to control every single outlet on the news, which was

1132
00:50:18,360 --> 00:50:22,279
Speaker 3: the source of technological transformation the radio. As soon as

1133
00:50:22,280 --> 00:50:24,480
Speaker 3: the Internet came, we had a few years of what

1134
00:50:24,560 --> 00:50:27,239
Speaker 3: Internet freedom where people could look up information, see all

1135
00:50:27,239 --> 00:50:30,280
Speaker 3: the details. Boom, then censorship. You had that technological period

1136
00:50:30,320 --> 00:50:33,040
Speaker 3: of boom where people got free. And now you're in

1137
00:50:33,080 --> 00:50:35,120
Speaker 3: a situation where you had social media come into play.

1138
00:50:35,160 --> 00:50:38,160
Speaker 3: Social media came into play, they censored social media really deeply.

1139
00:50:38,360 --> 00:50:40,120
Speaker 3: But now you have the cracking of social media. So

1140
00:50:40,120 --> 00:50:44,040
Speaker 3: people there's technological advancements that produce what freedom. So if

1141
00:50:44,040 --> 00:50:47,560
Speaker 3: you look at the etymological use of the word to

1142
00:50:47,719 --> 00:50:53,279
Speaker 3: think or thinking. It was extremely popular pre introduction of

1143
00:50:53,320 --> 00:50:55,799
Speaker 3: the radio in the household, so people used to think

1144
00:50:55,840 --> 00:50:58,480
Speaker 3: freely prior to the government coming into the house. As

1145
00:50:58,480 --> 00:51:00,920
Speaker 3: soon as the radio came in to the house. You

1146
00:51:00,920 --> 00:51:03,040
Speaker 3: can look up the etymological use of the word and

1147
00:51:03,080 --> 00:51:06,719
Speaker 3: the popularity of it to think thought, freedom of thought.

1148
00:51:07,560 --> 00:51:10,480
Speaker 3: The moment the radio was introduced into the house, that

1149
00:51:10,600 --> 00:51:13,080
Speaker 3: use of word went down. People stopped to think. When

1150
00:51:13,080 --> 00:51:17,359
Speaker 3: did that word begin to emerge again the moment that

1151
00:51:17,400 --> 00:51:21,120
Speaker 3: the Internet became placed in the house. So a seak

1152
00:51:21,200 --> 00:51:24,920
Speaker 3: of freedom and truth and thinking once again. Now you

1153
00:51:24,920 --> 00:51:27,440
Speaker 3: have the introduction of new technology, which is what bitcoin

1154
00:51:28,280 --> 00:51:31,200
Speaker 3: on the monetary side, which is the disruption of the

1155
00:51:31,200 --> 00:51:33,480
Speaker 3: financial system that we've been under for the last hundred year.

1156
00:51:33,480 --> 00:51:34,840
Speaker 3: So now people are waking up and there's say, oh,

1157
00:51:34,880 --> 00:51:37,520
Speaker 3: there's something else. Whether bitcoin is the future or not

1158
00:51:37,800 --> 00:51:41,400
Speaker 3: is not relevant. What happens that Bitcoin showed that there

1159
00:51:41,480 --> 00:51:45,640
Speaker 3: is another way of transacting outside of the now controlled

1160
00:51:45,719 --> 00:51:49,480
Speaker 3: technology of remittance. Now we have a decentralized form of

1161
00:51:49,480 --> 00:51:53,600
Speaker 3: remittance that gives us the ability within a few years

1162
00:51:54,000 --> 00:51:56,319
Speaker 3: before they have digital IDs and id ME and all

1163
00:51:56,360 --> 00:51:59,520
Speaker 3: this garbage, to access the internet. A few years to

1164
00:51:59,520 --> 00:52:02,880
Speaker 3: become extremely wealthy in this period of time because we

1165
00:52:02,920 --> 00:52:07,320
Speaker 3: have this technological differentiator. So if people understand technology, technology

1166
00:52:07,360 --> 00:52:11,640
Speaker 3: freeze you, and then technology gets controlled, and technology frees

1167
00:52:11,680 --> 00:52:15,279
Speaker 3: you again and technologically gets technology gets controlled. Your job

1168
00:52:15,360 --> 00:52:17,160
Speaker 3: is to figure out what's the next pocket of technology

1169
00:52:17,200 --> 00:52:19,720
Speaker 3: I can take advantage of for my next power play.

1170
00:52:19,840 --> 00:52:21,440
Speaker 3: So if you look at the future, what are you

1171
00:52:21,480 --> 00:52:24,080
Speaker 3: going to need. You're going to need autonomous AI that

1172
00:52:24,160 --> 00:52:27,120
Speaker 3: runs off of your scripts, not off of somebody else's scripts.

1173
00:52:27,320 --> 00:52:31,120
Speaker 3: You're going to need unmanned machines that work specifically for you.

1174
00:52:31,200 --> 00:52:34,440
Speaker 3: That's technological advancement. That's part of the future. So money,

1175
00:52:34,440 --> 00:52:37,400
Speaker 3: in my opinion, will eventually become obsolete when I have bots,

1176
00:52:37,480 --> 00:52:39,360
Speaker 3: When I have robots, when I have AI working for me,

1177
00:52:39,640 --> 00:52:41,720
Speaker 3: half of the jobs are not going to be commercially viable.

1178
00:52:41,800 --> 00:52:43,479
Speaker 3: Maybe it's not ten years, twenty years, but in fifty

1179
00:52:43,520 --> 00:52:46,240
Speaker 3: years we will get there. So money will no longer

1180
00:52:46,239 --> 00:52:48,960
Speaker 3: be valuable. So what will money be? And that's where

1181
00:52:48,960 --> 00:52:51,760
Speaker 3: the question becomes store of value in things of this nature.

1182
00:52:51,760 --> 00:52:55,000
Speaker 3: But technology is always evolving, always moving, but it always

1183
00:52:55,000 --> 00:52:57,320
Speaker 3: comes down to the transactions of goods and services.

1184
00:52:57,560 --> 00:53:00,120
Speaker 1: Well, it depends on what you considered money. If I

1185
00:53:00,160 --> 00:53:01,959
Speaker 1: think of money as a medium of exchange, we're always

1186
00:53:01,960 --> 00:53:03,600
Speaker 1: going to need a medium of exchange. Yes, so money

1187
00:53:03,680 --> 00:53:05,839
Speaker 1: is not going to go absolutely what we know as

1188
00:53:05,920 --> 00:53:08,680
Speaker 1: money and what we even consider value will change.

1189
00:53:08,680 --> 00:53:09,040
Speaker 3: Crazy.

1190
00:53:09,400 --> 00:53:11,640
Speaker 1: So value will change, just like information change. Back to

1191
00:53:11,640 --> 00:53:14,040
Speaker 1: your point before radio and even in the eighties, the

1192
00:53:14,120 --> 00:53:15,800
Speaker 1: information was what I got on the nightly Loser in

1193
00:53:15,840 --> 00:53:17,880
Speaker 1: my morning newspaper. Today, I see a kid in Thailand

1194
00:53:17,880 --> 00:53:19,400
Speaker 1: post a picture on the beach and I see what

1195
00:53:19,440 --> 00:53:21,400
Speaker 1: the water looks like, I see the temperature. So like

1196
00:53:21,480 --> 00:53:24,880
Speaker 1: all this information that wasn't there. So I think value changes,

1197
00:53:25,160 --> 00:53:27,080
Speaker 1: but humans are always going to exchange.

1198
00:53:27,120 --> 00:53:28,240
Speaker 3: Yes, was going to exchange.

1199
00:53:28,280 --> 00:53:30,640
Speaker 1: That's what capitalism is. In my book, the Uncommis Manifesto,

1200
00:53:30,680 --> 00:53:33,640
Speaker 1: we really kind of honed in on that specifically, which

1201
00:53:33,680 --> 00:53:37,120
Speaker 1: is capitalism is not a political modality, it's human nature.

1202
00:53:37,320 --> 00:53:41,879
Speaker 1: So capitalism is private property, using it more efficiently and

1203
00:53:42,080 --> 00:53:44,600
Speaker 1: free trade, among others. I have a fire, you killed

1204
00:53:44,600 --> 00:53:46,439
Speaker 1: a rabbit, Hey, cook your rabbit on my fire.

1205
00:53:46,560 --> 00:53:48,520
Speaker 3: Let's just share that, right. And the beauty of bitcoin

1206
00:53:48,640 --> 00:53:50,800
Speaker 3: is that it lets you do that at scale, at scale,

1207
00:53:50,960 --> 00:53:55,520
Speaker 3: multi border without being present where they money type that

1208
00:53:55,680 --> 00:54:00,920
Speaker 3: people internationally accept as a form of value, which is

1209
00:54:01,160 --> 00:54:04,480
Speaker 3: incredible and it's never happened before, which is the fascinating

1210
00:54:04,520 --> 00:54:06,600
Speaker 3: part about bitcoin that I absolutely love.

1211
00:54:07,200 --> 00:54:09,440
Speaker 1: I'm curious your standpoint on this because you came from

1212
00:54:09,520 --> 00:54:13,799
Speaker 1: Argentina where the money's wrecked, like literally impoverishing people, right,

1213
00:54:14,080 --> 00:54:16,759
Speaker 1: and you also you travel the world, you talk with

1214
00:54:16,840 --> 00:54:19,040
Speaker 1: a global audience, if you will, do you think that

1215
00:54:19,200 --> 00:54:23,160
Speaker 1: helped you understand why we need a non government money

1216
00:54:23,200 --> 00:54:26,520
Speaker 1: like bitcoin better than most people in the US, who

1217
00:54:26,520 --> 00:54:28,239
Speaker 1: are like, what do we need different money for?

1218
00:54:28,680 --> 00:54:31,319
Speaker 3: I grew up in a small town. It's not a village,

1219
00:54:31,400 --> 00:54:33,920
Speaker 3: a small town of twelve thousand people. I would go

1220
00:54:34,040 --> 00:54:38,680
Speaker 3: to my local steakhouse, a small little steakhouse, five different tables,

1221
00:54:39,080 --> 00:54:43,440
Speaker 3: one server, cook on an Argentine style grill. The Argentine

1222
00:54:43,520 --> 00:54:46,120
Speaker 3: peso to the dollar. I remember the time I was

1223
00:54:46,239 --> 00:54:50,040
Speaker 3: eleven years old buying. My dad took me, took me

1224
00:54:50,080 --> 00:54:51,799
Speaker 3: to that steakhouse and it was a I think it

1225
00:54:51,840 --> 00:54:55,359
Speaker 3: was a file mignon or something like that. It costs

1226
00:54:55,360 --> 00:54:59,600
Speaker 3: three dollars. It was nine pisos. Today the dollar to

1227
00:54:59,640 --> 00:55:02,279
Speaker 3: the pest hundred three to one, Yeah, three to one,

1228
00:55:02,320 --> 00:55:04,160
Speaker 3: three to one. It would cost me a dollar to

1229
00:55:04,239 --> 00:55:11,359
Speaker 3: take a taxi. So everything that was nice about Argentina

1230
00:55:11,400 --> 00:55:14,959
Speaker 3: was the fact that the dollar was cheap and still

1231
00:55:15,000 --> 00:55:18,600
Speaker 3: the pesel was pretty healthy. But today you see the

1232
00:55:18,600 --> 00:55:22,440
Speaker 3: introduction of socialism, you see the debasement of currency, and truly,

1233
00:55:23,040 --> 00:55:24,960
Speaker 3: the big thing that I see, which is the big

1234
00:55:25,719 --> 00:55:28,440
Speaker 3: shell shock factor, based off of my study of history,

1235
00:55:28,840 --> 00:55:32,040
Speaker 3: this is that this cycle that Argentina went through of

1236
00:55:32,080 --> 00:55:37,279
Speaker 3: the debasement of currency, the nationalization of privatized assets, and

1237
00:55:37,440 --> 00:55:43,160
Speaker 3: the introduction of a socialist, super vampire like government, isn't

1238
00:55:43,200 --> 00:55:44,840
Speaker 3: the first time that it happened in history. I was

1239
00:55:44,840 --> 00:55:48,000
Speaker 3: talking with Andrew. It happened in Korea, it happened in Cuba,

1240
00:55:48,600 --> 00:55:51,560
Speaker 3: it happened in Bolivia, it happened in Venezuela. You have

1241
00:55:51,600 --> 00:55:53,480
Speaker 3: a lot of countries where you have these socialist type

1242
00:55:53,480 --> 00:55:56,320
Speaker 3: governments that come in, they leach everything from private citizens

1243
00:55:56,600 --> 00:55:59,319
Speaker 3: and they debase the currency by stealing everything. Now, what

1244
00:55:59,480 --> 00:56:02,000
Speaker 3: happens because they steal everything, they still have to get loans.

1245
00:56:02,040 --> 00:56:07,200
Speaker 3: There's still a debt to who, most likely DIMF. So

1246
00:56:07,320 --> 00:56:10,319
Speaker 3: what happens you have now the IMF being introduced into

1247
00:56:10,320 --> 00:56:13,719
Speaker 3: the scenario, and they're quote unquote the bad guy, But

1248
00:56:13,840 --> 00:56:15,880
Speaker 3: simultaneously they're the good guys. So you don't know how

1249
00:56:15,880 --> 00:56:17,120
Speaker 3: to look at them because they're the ones that are

1250
00:56:17,120 --> 00:56:18,400
Speaker 3: putting you in debt and they're the ones that are

1251
00:56:18,400 --> 00:56:20,040
Speaker 3: pulling you out of that back and forth, back and forth,

1252
00:56:20,040 --> 00:56:22,080
Speaker 3: back and forth, like a loop cycle. So here you

1253
00:56:22,120 --> 00:56:24,600
Speaker 3: have a socialist government that's most likely put in place.

1254
00:56:25,160 --> 00:56:28,040
Speaker 3: You have a period of normalization of making sure that

1255
00:56:28,080 --> 00:56:31,759
Speaker 3: the government owns all the national assets. The airlines, the

1256
00:56:32,120 --> 00:56:36,360
Speaker 3: petrol companies, the railways, they own everything. But obviously we

1257
00:56:36,400 --> 00:56:38,839
Speaker 3: know that governments can't run shit because they're incompetent. So

1258
00:56:39,320 --> 00:56:43,080
Speaker 3: these products, these goods, these services, they become shitty. Now

1259
00:56:43,239 --> 00:56:46,120
Speaker 3: you have massive inflation. Not only do you have massive inflation,

1260
00:56:46,120 --> 00:56:48,000
Speaker 3: you have massive debt. That debt needs to get paid off.

1261
00:56:48,160 --> 00:56:51,120
Speaker 3: So you have the introduction of a right wing party. Right,

1262
00:56:51,760 --> 00:56:58,799
Speaker 3: it happened with bid On. It happened in probably the

1263
00:56:58,800 --> 00:57:01,400
Speaker 3: forties and the fifties post World War Two, when the

1264
00:57:01,520 --> 00:57:04,759
Speaker 3: United States began to introduce the fight against communism. So

1265
00:57:04,800 --> 00:57:07,560
Speaker 3: you had this introduction of right wing kind of police

1266
00:57:07,560 --> 00:57:10,640
Speaker 3: states come in. And my thesis is that these these

1267
00:57:10,719 --> 00:57:13,000
Speaker 3: right wing police states, we either have Bouquel, you have

1268
00:57:13,400 --> 00:57:16,680
Speaker 3: a Malay. You have different individuals. Their purpose is one

1269
00:57:16,760 --> 00:57:21,640
Speaker 3: very simple in my opinion, it's the repayment to the

1270
00:57:21,680 --> 00:57:24,440
Speaker 3: IMF of all the debts. So here you have a

1271
00:57:24,520 --> 00:57:26,760
Speaker 3: right wing politician or somebody that's more on the liberal

1272
00:57:26,800 --> 00:57:28,800
Speaker 3: side that says, okay, we privatize, we need to sell

1273
00:57:28,840 --> 00:57:31,160
Speaker 3: off all national assets. Okay, perfect, what are you doing

1274
00:57:31,200 --> 00:57:33,240
Speaker 3: with that money? You have to pay back the IMF,

1275
00:57:33,280 --> 00:57:36,600
Speaker 3: by the fucker, Like, that's why you're here. So create

1276
00:57:36,640 --> 00:57:39,760
Speaker 3: the entire inflation system, prop a ton of debt, and

1277
00:57:39,760 --> 00:57:42,720
Speaker 3: then bring somebody through a police state can pay off

1278
00:57:42,720 --> 00:57:44,920
Speaker 3: that debt and then run the cycle back and forth,

1279
00:57:44,960 --> 00:57:47,520
Speaker 3: back and forth, back and forth. My thesis was very simple,

1280
00:57:47,520 --> 00:57:49,960
Speaker 3: and you're going to see it play out because I've

1281
00:57:49,960 --> 00:57:51,760
Speaker 3: been predicting the future for quite a bit of time.

1282
00:57:51,800 --> 00:57:55,160
Speaker 3: Now you're going to see it happen with people introducing

1283
00:57:55,240 --> 00:57:57,480
Speaker 3: third parties. So no longer right wing party, left wing party.

1284
00:57:57,520 --> 00:57:59,520
Speaker 3: You'll have a third party emerge that'll be self funded.

1285
00:57:59,560 --> 00:58:01,600
Speaker 3: So you look at the president of Ecuador, he's not

1286
00:58:01,680 --> 00:58:03,600
Speaker 3: right wing, left wing, he's a new guy that just emerged.

1287
00:58:03,840 --> 00:58:06,920
Speaker 3: New party Malay, not left wing, right wing, new party.

1288
00:58:07,320 --> 00:58:11,800
Speaker 3: And what happens young guys right wing fuck fucking hate

1289
00:58:11,800 --> 00:58:13,960
Speaker 3: the old system, but they still have to play the

1290
00:58:14,040 --> 00:58:17,040
Speaker 3: rules of the game because they're in debt. Who's going

1291
00:58:17,040 --> 00:58:19,320
Speaker 3: to pay off that debt? The IMF. So what I

1292
00:58:19,320 --> 00:58:21,160
Speaker 3: see is I look at these cycles in these loops

1293
00:58:21,160 --> 00:58:23,000
Speaker 3: and I try to figure out where in the loop,

1294
00:58:23,160 --> 00:58:25,680
Speaker 3: because it's happening these jackals, it's happening. Where in the

1295
00:58:25,720 --> 00:58:29,560
Speaker 3: loop is this country or this stage, and how can

1296
00:58:29,560 --> 00:58:32,040
Speaker 3: I succeed in it? Now before the introduction of right

1297
00:58:32,040 --> 00:58:34,800
Speaker 3: wing police states are heavier duty, kind of controlled systems,

1298
00:58:35,120 --> 00:58:38,680
Speaker 3: which I think right wing governments tend to do more

1299
00:58:38,680 --> 00:58:41,480
Speaker 3: than left wing governments if given too much control, and

1300
00:58:41,520 --> 00:58:43,920
Speaker 3: they'll do it, especially under the name of safety and security.

1301
00:58:44,720 --> 00:58:47,280
Speaker 3: Because remember Trump is the one that introduced the vaccine.

1302
00:58:47,280 --> 00:58:49,400
Speaker 3: Trump is the one that introduced all the lockdowns and

1303
00:58:49,400 --> 00:58:51,920
Speaker 3: all these things. Whether it was his willpowers introduction, it

1304
00:58:51,920 --> 00:58:55,240
Speaker 3: doesn't really make a difference. There's a president that right wing,

1305
00:58:55,240 --> 00:58:57,520
Speaker 3: and I'm not any political quarity. I'm just an observant

1306
00:58:57,520 --> 00:59:01,120
Speaker 3: from the sideline. They tend to introduce more police rule.

1307
00:59:01,800 --> 00:59:03,440
Speaker 3: On the other side, you have the other guys that

1308
00:59:03,480 --> 00:59:05,440
Speaker 3: introduce a lot of state rule, and they'll introduce a

1309
00:59:05,440 --> 00:59:06,960
Speaker 3: lot of Hey, the government is going to be your

1310
00:59:07,040 --> 00:59:09,720
Speaker 3: daddy and manage your things. But in between here you

1311
00:59:09,880 --> 00:59:13,320
Speaker 3: have the narrative creation. And the narrative creation is the

1312
00:59:13,360 --> 00:59:15,280
Speaker 3: pendulum swings either to the left or to the right,

1313
00:59:15,320 --> 00:59:17,360
Speaker 3: and we've seen it. You've probably witnessed it, a pendulum

1314
00:59:17,360 --> 00:59:20,400
Speaker 3: swing at an energetic level moving to the right through history.

1315
00:59:20,440 --> 00:59:23,320
Speaker 3: So the question is where do you position yourself to

1316
00:59:23,440 --> 00:59:27,040
Speaker 3: not get fucked by these guys that are debasing the currency,

1317
00:59:27,240 --> 00:59:30,560
Speaker 3: but simultaneously not being in a system where there may

1318
00:59:30,560 --> 00:59:33,200
Speaker 3: be right wing police states. So when I left Argentina

1319
00:59:33,240 --> 00:59:36,520
Speaker 3: at the age of sixteen, it was under the premise

1320
00:59:36,600 --> 00:59:40,200
Speaker 3: of there's a socialist culture that's coming. And it wasn't

1321
00:59:40,240 --> 00:59:41,919
Speaker 3: that I knew that shit was going to hit the fan,

1322
00:59:42,040 --> 00:59:44,160
Speaker 3: like how it went to become one of the most

1323
00:59:44,160 --> 00:59:46,520
Speaker 3: worthless countries in the world, even though from one of

1324
00:59:46,520 --> 00:59:48,400
Speaker 3: the richest, even though in eighteen ninety was one of

1325
00:59:48,440 --> 00:59:51,440
Speaker 3: the wealthiest countries in the planet. I just left simply

1326
00:59:51,480 --> 00:59:54,120
Speaker 3: because in the US there was more opportunity, and truly,

1327
00:59:54,240 --> 00:59:57,080
Speaker 3: up until this day and I've been to fifty nine countries,

1328
00:59:57,560 --> 00:59:59,480
Speaker 3: the United States is still the greatest country in the world,

1329
01:00:00,040 --> 01:00:00,520
Speaker 3: hands down.

1330
01:00:01,440 --> 01:00:04,840
Speaker 1: I personally don't like the left and the right and

1331
01:00:04,880 --> 01:00:09,240
Speaker 1: the republican democrat and the libertarian, the socialist, the common like,

1332
01:00:09,280 --> 01:00:12,360
Speaker 1: it's just like all these labels that nothing really neatly

1333
01:00:12,400 --> 01:00:16,800
Speaker 1: fits in there. And I thought Malay actually called this

1334
01:00:16,880 --> 01:00:19,120
Speaker 1: out pretty well in one of the speeches where I

1335
01:00:19,160 --> 01:00:19,840
Speaker 1: saw he said.

1336
01:00:20,600 --> 01:00:22,480
Speaker 3: He talked about, you know, the left.

1337
01:00:22,240 --> 01:00:24,600
Speaker 1: Is socialist and the right is fascist, he said, but

1338
01:00:24,720 --> 01:00:29,240
Speaker 1: they're all collectivist. They're all collectivist. So in my book,

1339
01:00:29,240 --> 01:00:32,440
Speaker 1: The Uncongress Manifesto shameless plug again, talk about when we

1340
01:00:32,480 --> 01:00:35,960
Speaker 1: actually draw a diagram of how all politics is on

1341
01:00:35,960 --> 01:00:39,040
Speaker 1: one side and on that there's a spectrum from left

1342
01:00:39,040 --> 01:00:43,520
Speaker 1: to right, socialist to fascist. But socialism and fascist, although

1343
01:00:43,520 --> 01:00:47,760
Speaker 1: we're on extreme opposite ends, apparently, are all central planners

1344
01:00:47,880 --> 01:00:50,800
Speaker 1: and collectivist ideas. So all politics.

1345
01:00:50,920 --> 01:00:52,640
Speaker 3: But isn't bitcoin a collectivist idea?

1346
01:00:52,760 --> 01:00:52,840
Speaker 2: No.

1347
01:00:53,000 --> 01:00:55,560
Speaker 3: At the same time, no, bitcoin is the exact opposite.

1348
01:00:55,600 --> 01:00:57,120
Speaker 3: But it has to work. You have to have a

1349
01:00:57,120 --> 01:00:59,000
Speaker 3: collective unit of people for it to work.

1350
01:00:59,280 --> 01:01:02,640
Speaker 1: Well, what I'm talking about collectivist is central planning. Okay,

1351
01:01:02,760 --> 01:01:06,959
Speaker 1: so somebody is planning the system versus what we said,

1352
01:01:06,960 --> 01:01:07,200
Speaker 1: and I.

1353
01:01:07,160 --> 01:01:09,040
Speaker 3: Have a diagram. I'll get you a book when we're

1354
01:01:09,040 --> 01:01:09,360
Speaker 3: done here.

1355
01:01:09,560 --> 01:01:13,400
Speaker 1: On the other side is capitalism is natural emergent, it's

1356
01:01:13,480 --> 01:01:18,000
Speaker 1: individual individualism and bitcoin fits over there, and so you

1357
01:01:18,080 --> 01:01:20,360
Speaker 1: have sort of and Malay called this out. He said,

1358
01:01:20,360 --> 01:01:23,240
Speaker 1: look all is your left wing, your socialist, your right wing,

1359
01:01:23,240 --> 01:01:26,560
Speaker 1: your fascist? Say it's all collectivist. He said, we're bringing

1360
01:01:26,600 --> 01:01:27,880
Speaker 1: back the individual.

1361
01:01:28,080 --> 01:01:28,840
Speaker 3: There is no.

1362
01:01:28,920 --> 01:01:31,640
Speaker 1: State, and so let Frederick Bastia and the law talks

1363
01:01:31,640 --> 01:01:34,080
Speaker 1: about this. There is no state. So it's just saying

1364
01:01:34,080 --> 01:01:36,720
Speaker 1: as a state, there's us as you and I as individuals,

1365
01:01:36,720 --> 01:01:39,520
Speaker 1: and collectively we could agree to have this town or

1366
01:01:39,520 --> 01:01:42,240
Speaker 1: whatever this country. And so I thought I thought it

1367
01:01:42,240 --> 01:01:45,640
Speaker 1: was a pretty good statement at a theoretical level. Yes,

1368
01:01:45,680 --> 01:01:48,280
Speaker 1: it's cool, but you still have billions of debt and

1369
01:01:48,400 --> 01:01:50,880
Speaker 1: debt that you have to pay. Malay like, you can cool,

1370
01:01:50,920 --> 01:01:53,880
Speaker 1: that sounds nice, Okay, you stop to go and sit

1371
01:01:54,000 --> 01:01:56,240
Speaker 1: down with you if you would rather him default on that.

1372
01:01:57,120 --> 01:01:59,320
Speaker 3: I don't know, because I don't really know what the

1373
01:01:59,360 --> 01:02:01,760
Speaker 3: best solution would be. I think the best course of

1374
01:02:01,800 --> 01:02:04,000
Speaker 3: action right now, at least for Argentina is the national

1375
01:02:04,160 --> 01:02:07,120
Speaker 3: is the is the privatization of national assets. There's no

1376
01:02:07,160 --> 01:02:10,440
Speaker 3: reason why the government should run anything at everything, And

1377
01:02:10,440 --> 01:02:11,920
Speaker 3: that seems like what he's trying to do. Yes, and

1378
01:02:11,960 --> 01:02:13,800
Speaker 3: that's great. The question is who do you sell it to,

1379
01:02:14,960 --> 01:02:17,920
Speaker 3: who's bidder and who's the highest bidder. It's most likely

1380
01:02:17,960 --> 01:02:21,680
Speaker 3: all under under it's all under the table. Nationalization companies

1381
01:02:21,720 --> 01:02:24,400
Speaker 3: that come in and they go There's a book called

1382
01:02:24,440 --> 01:02:28,040
Speaker 3: Confessions of Economic Hitman, an economic Hitman. He talks about

1383
01:02:28,040 --> 01:02:30,000
Speaker 3: the jackals. They come in and they give you an offer,

1384
01:02:30,040 --> 01:02:31,640
Speaker 3: and if you don't take the offer, so be it.

1385
01:02:31,640 --> 01:02:32,959
Speaker 3: At the end of the day, you have a guy

1386
01:02:33,080 --> 01:02:35,280
Speaker 3: that comes from a third party, not left wing, right wing,

1387
01:02:35,320 --> 01:02:38,080
Speaker 3: a third party. Somebody has to fund that party. Forty

1388
01:02:38,080 --> 01:02:40,040
Speaker 3: five percent of Argenties don't just vote for you because

1389
01:02:40,040 --> 01:02:43,200
Speaker 3: you have a message. There's narratives, there's pushed and because

1390
01:02:43,240 --> 01:02:46,520
Speaker 3: you see it in anywhere around the world. In order

1391
01:02:46,560 --> 01:02:48,840
Speaker 3: for a message to be propagated, it doesn't just naturally

1392
01:02:48,920 --> 01:02:51,080
Speaker 3: catch on. You have to push a message, and I

1393
01:02:51,080 --> 01:02:53,240
Speaker 3: think from alternatives definitely the best alternative.

1394
01:02:53,280 --> 01:02:54,520
Speaker 1: But do you think there's like sort of like a

1395
01:02:54,560 --> 01:02:57,440
Speaker 1: zeitgeist at the time, So for example, the pendulum, I

1396
01:02:57,440 --> 01:02:58,680
Speaker 1: think the pendulum doesn't.

1397
01:02:58,440 --> 01:02:59,280
Speaker 3: Swing from left to right.

1398
01:02:59,320 --> 01:03:02,920
Speaker 1: I think the swings from centralization to decentralization. And I

1399
01:03:02,960 --> 01:03:04,680
Speaker 1: think it's technology that does that, and that's a whole

1400
01:03:04,680 --> 01:03:08,320
Speaker 1: different conversation. But if we look at the pendulum from

1401
01:03:08,400 --> 01:03:10,960
Speaker 1: that viewpoint, just for this exercise, and you see this

1402
01:03:11,000 --> 01:03:13,680
Speaker 1: pendulum has been swinging towards centralization. So we have the

1403
01:03:13,720 --> 01:03:16,760
Speaker 1: creation of the UN and the IMF and the BIS

1404
01:03:16,760 --> 01:03:21,439
Speaker 1: and this global US led homogeny, et cetera. But then

1405
01:03:21,720 --> 01:03:25,200
Speaker 1: we have like it's gone so far and now where

1406
01:03:26,120 --> 01:03:28,400
Speaker 1: there's no truth in men and women and boys or

1407
01:03:28,440 --> 01:03:31,160
Speaker 1: girls and all these things, and it's gone so far

1408
01:03:31,200 --> 01:03:33,400
Speaker 1: that people are rejecting that. And you're seeing the Jordan

1409
01:03:33,440 --> 01:03:36,880
Speaker 1: Peterson's and the Andrew Tates rising up in the face

1410
01:03:36,920 --> 01:03:38,880
Speaker 1: of that, Like people are starting to latch onto that.

1411
01:03:38,960 --> 01:03:41,840
Speaker 1: And it seems like Malay Maloney over in Italy, and

1412
01:03:41,880 --> 01:03:44,040
Speaker 1: Malay is just like one more person. It seems like

1413
01:03:44,160 --> 01:03:47,360
Speaker 1: the whole world has been gas lilt so hard and

1414
01:03:47,360 --> 01:03:49,520
Speaker 1: they've been told for so long that they don't matter

1415
01:03:49,600 --> 01:03:51,800
Speaker 1: that they're latching onto that type of a person.

1416
01:03:51,880 --> 01:03:55,080
Speaker 3: Yeah, it's it's the opposite of what you're already given.

1417
01:03:55,120 --> 01:03:57,840
Speaker 3: So it's it's it's not an extreme, it's just an

1418
01:03:57,920 --> 01:04:00,600
Speaker 3: extreme of that position. I'm not saying good or bad.

1419
01:04:00,640 --> 01:04:03,040
Speaker 3: It's just a natural pendulum swing. But remember it's the

1420
01:04:03,040 --> 01:04:06,080
Speaker 3: pendulum swing of technology. We're talking about technological freedom. As

1421
01:04:06,080 --> 01:04:09,680
Speaker 3: soon as that technology gets suppressed or controlled, you have censorship.

1422
01:04:09,720 --> 01:04:12,600
Speaker 3: You want decentralization, you have you need new technology that

1423
01:04:12,680 --> 01:04:15,840
Speaker 3: overtakes the centralization. So you have centralization in the federal reserve,

1424
01:04:15,880 --> 01:04:17,720
Speaker 3: in the banking system. You need bitcoin, you have the

1425
01:04:17,760 --> 01:04:20,800
Speaker 3: centralization of the radio, over the television, you need the Internet.

1426
01:04:21,000 --> 01:04:23,120
Speaker 3: So you have these pendulum swings. Now the objective is

1427
01:04:23,120 --> 01:04:26,360
Speaker 3: figuring out. Because of Moore's law, these pendulum swings get slower,

1428
01:04:26,520 --> 01:04:28,080
Speaker 3: they get faster and faster and faster, and they go

1429
01:04:28,120 --> 01:04:30,400
Speaker 3: back and forth, back and forth. Freedom, censorship, freedom sensorship,

1430
01:04:30,520 --> 01:04:33,240
Speaker 3: to the point where, per the words of Ilia co

1431
01:04:33,360 --> 01:04:36,240
Speaker 3: founder of Open Eye, said, AI has the ability to

1432
01:04:36,320 --> 01:04:40,439
Speaker 3: create imperpetuity, stable dictatorships. And that's the freaky point where

1433
01:04:40,480 --> 01:04:42,520
Speaker 3: I'm like, that's a scary point. That's the scary point.

1434
01:04:42,560 --> 01:04:45,280
Speaker 3: And he's true. I agree, he's right, Bro, he's right.

1435
01:04:45,400 --> 01:04:46,919
Speaker 3: But I don't like that. I don't like it at all.

1436
01:04:46,960 --> 01:04:50,720
Speaker 3: But I'm like, Okay, these are the freedom pockets. Decentralized,

1437
01:04:50,720 --> 01:04:53,320
Speaker 3: the centralized, centralized, the centralized. We need to be capitalizing

1438
01:04:53,320 --> 01:04:55,840
Speaker 3: on these decentralized pockets before it goes back to say,

1439
01:04:56,000 --> 01:04:57,880
Speaker 3: it doesn't matter how much bitcoin you had, if it

1440
01:04:57,880 --> 01:05:01,000
Speaker 3: doesn't matter how when COVID lockdown, that shit locked down,

1441
01:05:01,880 --> 01:05:05,360
Speaker 3: most people were fucked. That's just the situation that people

1442
01:05:05,360 --> 01:05:07,320
Speaker 3: were in. I don't care if you if you believed

1443
01:05:07,320 --> 01:05:09,520
Speaker 3: in it or you didn't believe in it. Your business,

1444
01:05:09,520 --> 01:05:12,280
Speaker 3: if it was a physical business, was closed down. Whether

1445
01:05:12,320 --> 01:05:14,720
Speaker 3: you got jabbed, wore a mass, didn't liked it, didn't

1446
01:05:14,760 --> 01:05:16,680
Speaker 3: like it, that was the outcome that was naturally happening.

1447
01:05:16,760 --> 01:05:19,280
Speaker 3: But then you had the ability to make money online.

1448
01:05:19,480 --> 01:05:22,040
Speaker 3: That was a pendulum singing. That was your freedom pocket. Dude.

1449
01:05:22,040 --> 01:05:24,840
Speaker 3: The amount of money people made during COVID online was crazy.

1450
01:05:25,200 --> 01:05:28,200
Speaker 3: But the people physical brick and mortar, Nope. And now

1451
01:05:28,200 --> 01:05:30,160
Speaker 3: the pendulum swing of oh things opened back up. A

1452
01:05:30,160 --> 01:05:32,720
Speaker 3: ton of businesses started making a ton of money in person.

1453
01:05:33,000 --> 01:05:37,640
Speaker 3: So you have these pendulum swings of censorship, decentralization, censorship, decentralization,

1454
01:05:37,920 --> 01:05:40,720
Speaker 3: and it's capitalizing on these pockets prior to being in

1455
01:05:40,760 --> 01:05:42,760
Speaker 3: a situation where you end up like China, where now

1456
01:05:42,800 --> 01:05:47,120
Speaker 3: everything's credit controlled systems, you, everything's we chat, everything's face ID,

1457
01:05:47,560 --> 01:05:50,480
Speaker 3: your Tesla needs to be under a certain credit score

1458
01:05:50,640 --> 01:05:52,400
Speaker 3: connected to your idea in order for you to charge

1459
01:05:52,400 --> 01:05:56,520
Speaker 3: the fucking vehicle. And it's absolutely insane. So I don't

1460
01:05:56,520 --> 01:05:58,880
Speaker 3: know if Elon Musk using the AX app now that

1461
01:05:58,960 --> 01:06:01,760
Speaker 3: has over fifty it has all fifty states the ability

1462
01:06:01,800 --> 01:06:03,160
Speaker 3: to remit money. I don't know if he's going to

1463
01:06:03,200 --> 01:06:05,320
Speaker 3: create a super bank with X. That's my opinion, That's

1464
01:06:05,360 --> 01:06:07,440
Speaker 3: what I think he's going to do. But what happens

1465
01:06:07,440 --> 01:06:12,280
Speaker 3: when X becomes the weak chat, the the week chut

1466
01:06:12,320 --> 01:06:15,840
Speaker 3: of North America. Now you have the censorship that you're

1467
01:06:15,880 --> 01:06:17,800
Speaker 3: kind of going to be fucked up on because you

1468
01:06:17,880 --> 01:06:20,600
Speaker 3: have the head of technology that's always at the cusp

1469
01:06:20,640 --> 01:06:22,280
Speaker 3: of everything, so that you have this guy that runs

1470
01:06:22,520 --> 01:06:25,640
Speaker 3: your vehicle, so he has probably the best understanding of

1471
01:06:25,680 --> 01:06:28,560
Speaker 3: public of transport. He has satellites that are shot in

1472
01:06:28,600 --> 01:06:31,280
Speaker 3: the space. He owns the AI that gets plugged into

1473
01:06:31,280 --> 01:06:33,960
Speaker 3: your brain. He owns this rocket ships, he owns the AI,

1474
01:06:34,120 --> 01:06:36,280
Speaker 3: and he owns the social media platform that feeds the AI.

1475
01:06:36,680 --> 01:06:38,600
Speaker 3: All he has to do is control a couple of things,

1476
01:06:38,640 --> 01:06:41,840
Speaker 3: and she gets really really intense, really fast, very scary.

1477
01:06:41,920 --> 01:06:44,800
Speaker 3: So the goal is before these things get introduced which

1478
01:06:44,800 --> 01:06:47,960
Speaker 3: are obvious. Look at skynet and rut in China it's coming.

1479
01:06:49,280 --> 01:06:52,320
Speaker 3: How can you create and utilize these pockets of decentralized

1480
01:06:52,600 --> 01:06:56,080
Speaker 3: wealth creation to not have to face the reality of

1481
01:06:56,240 --> 01:06:59,440
Speaker 3: living in these states? So how can I you? I

1482
01:06:59,480 --> 01:07:04,920
Speaker 3: think building digital businesses outside of a specific ecosystem that

1483
01:07:05,080 --> 01:07:07,920
Speaker 3: is like Instagram or Facebook. If you're limited to like

1484
01:07:07,960 --> 01:07:11,480
Speaker 3: one social platform or one specific avenue, it can be

1485
01:07:11,560 --> 01:07:15,120
Speaker 3: extremely difficult. Number two is you need something that is

1486
01:07:15,160 --> 01:07:17,600
Speaker 3: low risk, high reward, and usually it comes from service

1487
01:07:17,680 --> 01:07:20,040
Speaker 3: based businesses. So when you have to expend your life

1488
01:07:20,040 --> 01:07:24,760
Speaker 3: force energy to receive money, so your only expense if

1489
01:07:24,760 --> 01:07:26,160
Speaker 3: you don't have a lot of money, is your time

1490
01:07:26,200 --> 01:07:28,080
Speaker 3: and your energy, which isn't worth much because you don't

1491
01:07:28,120 --> 01:07:30,960
Speaker 3: you can't produce much. So I think digital businesses something

1492
01:07:31,080 --> 01:07:34,480
Speaker 3: is scalable. I think physical business, service based businesses, something

1493
01:07:34,480 --> 01:07:36,240
Speaker 3: that is low risk, high reward that doesn't take a

1494
01:07:36,240 --> 01:07:38,520
Speaker 3: lot of startup costs, and you need to build an

1495
01:07:38,560 --> 01:07:40,960
Speaker 3: AI proof business. I met with one of the founders

1496
01:07:40,960 --> 01:07:43,000
Speaker 3: of open ai a couple of years ago. AI proof

1497
01:07:43,040 --> 01:07:48,040
Speaker 3: business or use ai, use ai, yes, but what the

1498
01:07:48,080 --> 01:07:50,200
Speaker 3: AI boom took place? You had a couple of businesses.

1499
01:07:50,200 --> 01:07:53,040
Speaker 3: You had the I businesses that emerged, and you had

1500
01:07:53,160 --> 01:07:55,720
Speaker 3: let's use AI to beef up our business. When I

1501
01:07:55,760 --> 01:07:57,320
Speaker 3: met with this guy a couple of years ago, he

1502
01:07:57,320 --> 01:08:00,000
Speaker 3: said build. He's like, yeah, AI is just a lot

1503
01:08:00,000 --> 01:08:01,960
Speaker 3: lot of things. What you need to figure out is

1504
01:08:01,960 --> 01:08:04,680
Speaker 3: what can a I never replace or what is the

1505
01:08:04,680 --> 01:08:07,760
Speaker 3: hardest thing or the hardest mote for AI to replace.

1506
01:08:08,320 --> 01:08:10,200
Speaker 3: So that's what you're going to build your business on.

1507
01:08:10,360 --> 01:08:14,320
Speaker 3: Is the hardest mote that I can can can not bypass,

1508
01:08:14,440 --> 01:08:18,240
Speaker 3: which is what community, personal development, the things that AI

1509
01:08:18,320 --> 01:08:20,840
Speaker 3: can do, physical things, the things that AI can't do

1510
01:08:20,880 --> 01:08:22,800
Speaker 3: for you. So I shifted capital club, I shifted all

1511
01:08:22,840 --> 01:08:26,080
Speaker 3: my businesses to turn them not as AI companies but

1512
01:08:26,200 --> 01:08:29,600
Speaker 3: as AI proof companies. My companies aren't crypto companies. My

1513
01:08:30,080 --> 01:08:32,800
Speaker 3: companies are crypto friendly companies. So it's like, as the

1514
01:08:32,880 --> 01:08:35,800
Speaker 3: narratives emerge and as the narratives change. Because I don't

1515
01:08:35,840 --> 01:08:38,200
Speaker 3: make any irreversible decisions, I'm able.

1516
01:08:37,960 --> 01:08:41,960
Speaker 1: To pivot digital businesses low risk, high reward, which are

1517
01:08:41,960 --> 01:08:44,720
Speaker 1: basically service based businesses because you're just contributing your time

1518
01:08:44,720 --> 01:08:47,320
Speaker 1: and labor. Low risk because you don't have to put

1519
01:08:47,360 --> 01:08:49,280
Speaker 1: up capital, so you can bootstrap them. I agree with

1520
01:08:49,320 --> 01:08:51,439
Speaker 1: all that AI proof. I mean, sure you have the

1521
01:08:51,439 --> 01:08:53,720
Speaker 1: physical or you could use AI. I mean you could

1522
01:08:53,720 --> 01:08:55,960
Speaker 1: look at like I mean, I think trying to become

1523
01:08:55,960 --> 01:08:57,760
Speaker 1: a lawyer or a doctor today.

1524
01:08:57,920 --> 01:09:00,840
Speaker 3: Like if you're starting your career now, you're you're gonna

1525
01:09:00,840 --> 01:09:01,240
Speaker 3: go to college.

1526
01:09:01,240 --> 01:09:02,439
Speaker 1: I'm gonna go to college and be a doctor or

1527
01:09:02,439 --> 01:09:05,040
Speaker 1: a lawyer like man that's probably gonna be replaced in

1528
01:09:05,120 --> 01:09:05,559
Speaker 1: this and.

1529
01:09:05,479 --> 01:09:09,800
Speaker 3: That The difficulty hear is the fact that you're competing

1530
01:09:09,840 --> 01:09:15,040
Speaker 3: against an institutionalized establishment that not only has proven its

1531
01:09:15,400 --> 01:09:20,360
Speaker 3: inaccuracy and invalidity to be an institution like these big universities, Harvard, Dale,

1532
01:09:20,360 --> 01:09:22,240
Speaker 3: all these things. All we have to do, dude, is

1533
01:09:22,320 --> 01:09:27,000
Speaker 3: let's take every every single one of the president's CEOs

1534
01:09:27,080 --> 01:09:30,160
Speaker 3: of all these top universities, run all of their papers,

1535
01:09:30,280 --> 01:09:36,479
Speaker 3: every single paper, essay, video conference, every single presentation, keynote

1536
01:09:36,520 --> 01:09:40,080
Speaker 3: that they've ever done, and let's find plagiarism. Let's find

1537
01:09:40,080 --> 01:09:43,000
Speaker 3: plagiarism in their work, and we discredit half of the

1538
01:09:43,000 --> 01:09:46,920
Speaker 3: fucking universities automatically off rip. Not only that, but we

1539
01:09:46,960 --> 01:09:51,040
Speaker 3: also have to understand that the universities today are political weapons.

1540
01:09:51,800 --> 01:10:00,080
Speaker 3: They're not educational institutions. They are political, dogmatic, government controlled ecosystems.

1541
01:10:00,439 --> 01:10:05,120
Speaker 3: So when your entire narrative is you're the age of

1542
01:10:05,160 --> 01:10:07,960
Speaker 3: eight and your fucking first grade teacher asks you what

1543
01:10:08,120 --> 01:10:10,360
Speaker 3: is your dream job? Not what do you want to

1544
01:10:10,760 --> 01:10:12,280
Speaker 3: not what do you want in life? You know, hey,

1545
01:10:12,320 --> 01:10:14,120
Speaker 3: how was your day with your parents? You know, go

1546
01:10:14,160 --> 01:10:15,760
Speaker 3: respect your mom and your dad. Know what is your

1547
01:10:15,840 --> 01:10:18,240
Speaker 3: dream job? The moment you're born, you're fucking curated into

1548
01:10:18,280 --> 01:10:21,320
Speaker 3: the system. Unless you unplug and wake up and realize

1549
01:10:21,560 --> 01:10:23,920
Speaker 3: that they're treading on you. You're not gonna tell them

1550
01:10:23,960 --> 01:10:26,200
Speaker 3: don't tread on me, motherfucker. So you need to have

1551
01:10:26,240 --> 01:10:29,479
Speaker 3: this enlightenment. This this this wake up reality check.

1552
01:10:29,560 --> 01:10:29,840
Speaker 2: Dude.

1553
01:10:29,960 --> 01:10:34,120
Speaker 1: Yeah, nobody was the I want to start my own

1554
01:10:34,160 --> 01:10:38,320
Speaker 1: online digital community. Wasn't on my bingo card. My little

1555
01:10:38,320 --> 01:10:42,400
Speaker 1: brother sells Pokemon cards online and makes good money like

1556
01:10:42,439 --> 01:10:44,679
Speaker 1: that wasn't on the choice right, So to your point.

1557
01:10:45,200 --> 01:10:45,920
Speaker 3: Yeah, I love all that.

1558
01:10:46,000 --> 01:10:49,640
Speaker 1: So let's go ahead and close it out here. So

1559
01:10:49,680 --> 01:10:51,200
Speaker 1: what's the what's the advice?

1560
01:10:51,320 --> 01:10:51,639
Speaker 3: You said?

1561
01:10:51,720 --> 01:10:54,040
Speaker 1: You can see the future. You see future trends. I

1562
01:10:54,080 --> 01:10:55,840
Speaker 1: don't want to say you can predict the future, but

1563
01:10:55,840 --> 01:10:57,560
Speaker 1: you see these future trends. So you've already kind of

1564
01:10:57,600 --> 01:11:01,640
Speaker 1: laid that out, so frame it of fourth one more time.

1565
01:11:01,640 --> 01:11:03,400
Speaker 3: We'll kind of close it out and give us abe

1566
01:11:03,920 --> 01:11:06,200
Speaker 3: let's frame it out. Let's frame it out specifically. I

1567
01:11:06,240 --> 01:11:10,840
Speaker 3: actually wrote a medium article where I think I posted

1568
01:11:10,920 --> 01:11:14,719
Speaker 3: it January first, where I posted my predictions for twenty

1569
01:11:14,840 --> 01:11:18,400
Speaker 3: twenty four. So I created an article in three specific

1570
01:11:18,520 --> 01:11:21,519
Speaker 3: niches the your commerce niche, your markets, your money and

1571
01:11:21,600 --> 01:11:23,400
Speaker 3: market sniche, and then you're gonna have your crypto, which

1572
01:11:23,439 --> 01:11:26,480
Speaker 3: I think are going to be the three overlining narratives

1573
01:11:26,520 --> 01:11:28,559
Speaker 3: of twenty twenty four. So let me go ahead and

1574
01:11:28,560 --> 01:11:31,479
Speaker 3: pull this up through my eight months of research for

1575
01:11:31,520 --> 01:11:34,240
Speaker 3: twenty twenty four. I kind of put this into perspective,

1576
01:11:34,280 --> 01:11:37,840
Speaker 3: so you can just type up twenty twenty for Luke

1577
01:11:37,840 --> 01:11:40,280
Speaker 3: bellmar predictions two minute read. We'll link it in the

1578
01:11:40,280 --> 01:11:43,400
Speaker 3: show notes too. So in the beginning, we have e commerce.

1579
01:11:43,680 --> 01:11:45,800
Speaker 3: So these are trends for twenty twenty four. The first

1580
01:11:45,800 --> 01:11:48,920
Speaker 3: one is e commerce direct to consumer brands begin to

1581
01:11:48,920 --> 01:11:51,520
Speaker 3: receive a new wave of funding in private equity investments.

1582
01:11:51,720 --> 01:11:53,960
Speaker 3: So if you look at twenty twenty one twenty twenty two,

1583
01:11:54,320 --> 01:11:57,720
Speaker 3: private equity when it comes to e commerce tanked completely.

1584
01:11:58,240 --> 01:12:02,840
Speaker 3: I see another research of investments into IP and into

1585
01:12:02,880 --> 01:12:04,800
Speaker 3: brand in the e commerce niches. So for all these

1586
01:12:04,880 --> 01:12:07,479
Speaker 3: drop shippers, all these white labelers, begin to understand that

1587
01:12:07,520 --> 01:12:08,960
Speaker 3: there's going to be businesses that are going to be

1588
01:12:08,960 --> 01:12:12,479
Speaker 3: buying business, which I think they're going to be good

1589
01:12:12,479 --> 01:12:15,920
Speaker 3: to talk to you to get well positioned. Next is

1590
01:12:16,080 --> 01:12:19,519
Speaker 3: INFO products will begin to legitimize themselves and directly compete

1591
01:12:19,520 --> 01:12:22,519
Speaker 3: with universities and learning institutions. So now why would I

1592
01:12:22,520 --> 01:12:27,240
Speaker 3: listen to this professor that's never been overseas about international

1593
01:12:27,320 --> 01:12:29,759
Speaker 3: business when I can go and sit down with somebody

1594
01:12:29,760 --> 01:12:32,280
Speaker 3: that has international business experience and just listen to them

1595
01:12:32,280 --> 01:12:36,000
Speaker 3: on YouTube. So now you have e learning, which has

1596
01:12:36,080 --> 01:12:40,839
Speaker 3: been like almost any phase of new technological advancement, usually

1597
01:12:40,840 --> 01:12:48,799
Speaker 3: gets capitalized and captured by low interest and more predatory individuals.

1598
01:12:48,800 --> 01:12:51,880
Speaker 3: So you look at twenty seventeen, twenty fifteen, twenty fourteen, crypto,

1599
01:12:51,920 --> 01:12:54,240
Speaker 3: it was more scammy, right because it's brand new. There

1600
01:12:54,280 --> 01:12:56,000
Speaker 3: isn't real shit built on it. It's the same thing

1601
01:12:56,000 --> 01:12:58,200
Speaker 3: with INFO products and e learning. The first people on

1602
01:12:58,200 --> 01:13:00,200
Speaker 3: the initial wave was the people that could mil the

1603
01:13:00,200 --> 01:13:03,800
Speaker 3: money off. But today you have real, real learning institutions

1604
01:13:03,840 --> 01:13:06,360
Speaker 3: online that are competing with the best of the best.

1605
01:13:06,600 --> 01:13:08,320
Speaker 3: I see this as a trend in twenty twenty four.

1606
01:13:08,880 --> 01:13:12,160
Speaker 3: Next is political themed e commerce and drop shipping, so

1607
01:13:12,360 --> 01:13:15,719
Speaker 3: all twenty twenty four because it's an electionnaire. Yes massive.

1608
01:13:16,000 --> 01:13:18,360
Speaker 3: I made a ton of money selling a Donald Trump

1609
01:13:18,880 --> 01:13:22,320
Speaker 3: coin last election. So it was just a coin that

1610
01:13:22,320 --> 01:13:26,320
Speaker 3: had Donald Trump's profile face and it was your memorabilia token,

1611
01:13:26,520 --> 01:13:29,040
Speaker 3: and people bought a ton of it. I think these

1612
01:13:29,080 --> 01:13:29,800
Speaker 3: do extremely well.

1613
01:13:30,040 --> 01:13:32,519
Speaker 1: Shout out to my radio sponsor, universal Coin, and boy

1614
01:13:32,600 --> 01:13:36,439
Speaker 1: on they make a special Donald Trump gold coin. So

1615
01:13:36,479 --> 01:13:38,760
Speaker 1: if you want to get actual goalcoin, check out universal Coin.

1616
01:13:38,840 --> 01:13:40,680
Speaker 3: Yes, so it's not that drop shipping coin. Yeah, it's

1617
01:13:40,680 --> 01:13:45,160
Speaker 3: actually real one. Next, you have dominant influencers continue to

1618
01:13:45,160 --> 01:13:48,040
Speaker 3: build scale and sell irl businesses. So now you're going

1619
01:13:48,080 --> 01:13:50,439
Speaker 3: to begin to see influencers the likes of mister Beast

1620
01:13:51,120 --> 01:13:53,160
Speaker 3: and the likes of Luke belmar be in a situation

1621
01:13:53,200 --> 01:13:56,439
Speaker 3: whereby you're building collateral businesses like the Nile River that

1622
01:13:56,479 --> 01:13:59,640
Speaker 3: we were talking about, as proxy small empires around your

1623
01:13:59,640 --> 01:14:04,120
Speaker 3: traffic source. So I see a lot of content creators

1624
01:14:04,160 --> 01:14:07,920
Speaker 3: now no longer doing merged these simple kind of basic

1625
01:14:08,040 --> 01:14:11,200
Speaker 3: one O ones of commerce, but utilizing their audiences and

1626
01:14:11,200 --> 01:14:14,240
Speaker 3: building real products. So now you can translate loyalty from

1627
01:14:14,240 --> 01:14:16,360
Speaker 3: here to loyalty here, and once you have loyalty on

1628
01:14:16,400 --> 01:14:17,840
Speaker 3: the product, you can sell that company.

1629
01:14:17,920 --> 01:14:18,080
Speaker 1: Yeah.

1630
01:14:18,120 --> 01:14:21,679
Speaker 3: I love that. Now. NEXTUS Health Longevity and Wellness becomes

1631
01:14:21,760 --> 01:14:25,000
Speaker 3: a top white hat monthly recurring revenue e commerce niche

1632
01:14:25,160 --> 01:14:29,960
Speaker 3: So I think it was Universal Talent Agency or Universal

1633
01:14:29,960 --> 01:14:33,080
Speaker 3: Talent Management that manages all the top guys. Gary Brickett

1634
01:14:33,080 --> 01:14:36,240
Speaker 3: told me this. He said they did a massive report

1635
01:14:36,520 --> 01:14:40,200
Speaker 3: as to what are the emerging trends in niches and biohacking, longevity,

1636
01:14:40,400 --> 01:14:43,200
Speaker 3: health and wellness and anti aging were at the top

1637
01:14:43,360 --> 01:14:48,040
Speaker 3: over any other category in all of commerce. So I

1638
01:14:48,040 --> 01:14:51,600
Speaker 3: see that being becoming super powerful. Next, I'm big on Shopify,

1639
01:14:52,120 --> 01:14:55,920
Speaker 3: So anytime Shopify keeps ramping up, I love it. Money

1640
01:14:55,920 --> 01:14:58,720
Speaker 3: and Markets the US continues spending. Nothing new there. We

1641
01:14:58,760 --> 01:15:02,519
Speaker 3: already know it, that spiral boom everything that we already know.

1642
01:15:02,560 --> 01:15:05,040
Speaker 3: Bitcoin ETF gets approved. Obviously this was written a couple

1643
01:15:05,080 --> 01:15:06,960
Speaker 3: of days ago. But now I see a big narrative

1644
01:15:06,960 --> 01:15:09,639
Speaker 3: towards ethereum METF. We are going to get in etherym

1645
01:15:09,640 --> 01:15:12,120
Speaker 3: METF eventually. It is inevitable when you begin to look

1646
01:15:12,120 --> 01:15:15,080
Speaker 3: at all these big companies. They all that bitcoin is

1647
01:15:15,160 --> 01:15:17,360
Speaker 3: a financial instrument where they can take a fee, make

1648
01:15:17,439 --> 01:15:20,120
Speaker 3: some money and have market dominance. Why wouldn't they They

1649
01:15:20,120 --> 01:15:22,120
Speaker 3: do the same with ethereum, and why wouldn't they do

1650
01:15:22,200 --> 01:15:25,000
Speaker 3: that the same with a basket of crypto assets. They might,

1651
01:15:25,360 --> 01:15:28,960
Speaker 3: so it's worth considering at least paying attention. Next, you

1652
01:15:29,000 --> 01:15:32,840
Speaker 3: have your competing layer ones, So you have Salaana, you

1653
01:15:32,880 --> 01:15:35,680
Speaker 3: have a vactually have these other kind of chains that

1654
01:15:35,680 --> 01:15:39,760
Speaker 3: people like to have high frequency trading ecosystems take place. So,

1655
01:15:39,840 --> 01:15:43,160
Speaker 3: for example, you have this whole shitcoin ecosystem, which people

1656
01:15:43,200 --> 01:15:45,799
Speaker 3: like it. Hete it. It's irrelevant, it's a system that exists.

1657
01:15:46,520 --> 01:15:49,280
Speaker 3: Bitcoin can't sustain that ecosystem because Bitcoin isn't designed for

1658
01:15:49,320 --> 01:15:51,680
Speaker 3: high frequency trading. So now you see a lot of

1659
01:15:51,720 --> 01:15:54,120
Speaker 3: layer ones that are designed for people that want to

1660
01:15:54,120 --> 01:15:56,320
Speaker 3: buy six dollars worth of something and it's only going

1661
01:15:56,400 --> 01:15:57,920
Speaker 3: to cost them a fraction of a penny. There's a

1662
01:15:57,960 --> 01:15:59,559
Speaker 3: market for that. I think that that's going to be

1663
01:15:59,560 --> 01:16:01,880
Speaker 3: one of the arratives that's going to be taking place

1664
01:16:01,920 --> 01:16:04,160
Speaker 3: when it comes to money in markets. So anything that's

1665
01:16:04,240 --> 01:16:06,519
Speaker 3: layer ones that dominate with high frequency trading, I think

1666
01:16:06,560 --> 01:16:10,800
Speaker 3: it's going to be dope. PayPal and Robinhood stock super

1667
01:16:10,880 --> 01:16:14,000
Speaker 3: underperformed stocks. I think now that the market begins to

1668
01:16:14,320 --> 01:16:17,240
Speaker 3: take form, I think that there's a high likelihood that

1669
01:16:17,280 --> 01:16:21,280
Speaker 3: these stocks perform extremely well. Venture capital, private equity begins

1670
01:16:21,280 --> 01:16:24,360
Speaker 3: to invest into crypto infrastructure, so a lot of companies

1671
01:16:24,360 --> 01:16:27,320
Speaker 3: that are risk adverse towards projects that have token allocations

1672
01:16:27,320 --> 01:16:29,680
Speaker 3: and tokens. There's companies that will not touch this for

1673
01:16:29,800 --> 01:16:32,840
Speaker 3: legal purposes, but they will still buy infrastructure in crypto.

1674
01:16:32,880 --> 01:16:35,280
Speaker 3: They will still buy SaaS and crypto. So for builders,

1675
01:16:35,840 --> 01:16:37,639
Speaker 3: you don't necessarily need to launch a token. You don't

1676
01:16:37,680 --> 01:16:40,519
Speaker 3: necessarily need to build something that's what's already been built.

1677
01:16:40,600 --> 01:16:43,880
Speaker 3: You can build a crypto friendly company that is of

1678
01:16:44,000 --> 01:16:46,320
Speaker 3: interest for people that are in the crypto space, but

1679
01:16:46,360 --> 01:16:48,640
Speaker 3: that isn't tied to crypto specifically.

1680
01:16:48,720 --> 01:16:51,519
Speaker 1: And shout out to my fund, Bitcoin Opportunity Fund. We're

1681
01:16:51,560 --> 01:16:54,040
Speaker 1: investing in through the infrastructure of the bigoin ecosystem.

1682
01:16:54,080 --> 01:16:57,080
Speaker 3: Perfect. So now you have the example right, So now

1683
01:16:57,120 --> 01:17:00,799
Speaker 3: you can invest not in tokens, but in that sustain

1684
01:17:00,880 --> 01:17:03,519
Speaker 3: the crypto ecosystem. I see a massive narrative there for

1685
01:17:03,560 --> 01:17:07,679
Speaker 3: crypto and DeFi. DeFi platforms shift focused to reducing retail

1686
01:17:07,760 --> 01:17:11,080
Speaker 3: onboarding friction and begin to compete head on with centralized exchanges.

1687
01:17:11,160 --> 01:17:15,240
Speaker 3: So you have the likes of Jupiter Exchange or Phantom wallet.

1688
01:17:15,240 --> 01:17:17,280
Speaker 3: If if I was to show you Phantom wallet right now,

1689
01:17:17,439 --> 01:17:19,479
Speaker 3: I download the phantom wad. In thirty seconds, I open

1690
01:17:19,560 --> 01:17:22,040
Speaker 3: up Jupiter Exchange, somebody sends me USDC, and I'm trading.

1691
01:17:22,040 --> 01:17:24,599
Speaker 3: In ten minutes for me to open up a Robinhood account,

1692
01:17:24,640 --> 01:17:29,360
Speaker 3: get kyced, fund it connect ah, connect my card, get

1693
01:17:29,360 --> 01:17:32,040
Speaker 3: it funded, buy some bitcoin takes a long time. I

1694
01:17:32,080 --> 01:17:36,040
Speaker 3: see DeFi very soon competing hand head on hand hand

1695
01:17:36,720 --> 01:17:40,439
Speaker 3: with centralized exchanges, with your wee bowls, with your e trades,

1696
01:17:40,600 --> 01:17:43,519
Speaker 3: with your merit trades. DeFi is getting really really crazy,

1697
01:17:43,520 --> 01:17:46,080
Speaker 3: and it's getting really really well funded. So I'd be

1698
01:17:46,120 --> 01:17:50,120
Speaker 3: looking at these NFTs with high viral IP become multi

1699
01:17:50,120 --> 01:17:53,680
Speaker 3: billion dollar brands. So NFTs are merely your ability to

1700
01:17:54,400 --> 01:17:56,519
Speaker 3: hold onto a percentage or a piece of a company

1701
01:17:56,600 --> 01:17:59,400
Speaker 3: or be part of a community. Companies that have high

1702
01:17:59,479 --> 01:18:01,599
Speaker 3: value IP that can merge into the real world are

1703
01:18:01,600 --> 01:18:02,960
Speaker 3: going to do extremely well. You have the likes of

1704
01:18:03,000 --> 01:18:05,280
Speaker 3: Pudge Penguins. You have a couple other companies that are

1705
01:18:05,280 --> 01:18:08,519
Speaker 3: doing extremely well, these are worth considering and looking into

1706
01:18:08,680 --> 01:18:10,720
Speaker 3: only if they have real world applications. You look at

1707
01:18:10,720 --> 01:18:14,000
Speaker 3: the likes of you talked about Pokemon, right, Pokemon, that's IP,

1708
01:18:14,560 --> 01:18:16,880
Speaker 3: So you're not investing in Pokemon cards, You're investing into

1709
01:18:16,960 --> 01:18:20,280
Speaker 3: the IP that gives the Pokemon cards value. And I

1710
01:18:20,280 --> 01:18:21,880
Speaker 3: think that that's one of these narratives that's going to

1711
01:18:21,880 --> 01:18:25,519
Speaker 3: be taking place. Next is tokenized assets under management. So

1712
01:18:25,560 --> 01:18:29,080
Speaker 3: I see a big play. Larry Fink's begins and has

1713
01:18:29,120 --> 01:18:33,719
Speaker 3: been talking about the tokenization of all real world assets. Everything,

1714
01:18:33,880 --> 01:18:39,599
Speaker 3: real estate, mortgages, your bank statements, your car loan, your house,

1715
01:18:40,800 --> 01:18:44,840
Speaker 3: anything is going to be tokenized. So companies that begin

1716
01:18:44,920 --> 01:18:47,880
Speaker 3: to build portfolios or begin to take money in to

1717
01:18:48,400 --> 01:18:50,960
Speaker 3: manage assets in a tokenized format, I think are to

1718
01:18:51,000 --> 01:18:54,360
Speaker 3: be kind of extremely popular. Next, we have more publicly

1719
01:18:54,400 --> 01:18:57,360
Speaker 3: traded companies begin to add bitcoin to their balance sheets.

1720
01:18:57,600 --> 01:18:59,640
Speaker 3: I think, now that you had this reporting system kind

1721
01:18:59,640 --> 01:19:02,479
Speaker 3: of up, my companies have bitcoin in their balance sheet,

1722
01:19:02,720 --> 01:19:05,320
Speaker 3: it's never gonna it's never gonna leave. I think more

1723
01:19:05,320 --> 01:19:07,240
Speaker 3: public listed companies are going to begin adopting it. I

1724
01:19:07,240 --> 01:19:10,000
Speaker 3: think that's gonna be huge. And then one of the

1725
01:19:10,040 --> 01:19:13,479
Speaker 3: big ones is Layer one Smart contracts focused on parallel

1726
01:19:13,479 --> 01:19:16,160
Speaker 3: execution of the EVM, which is the Ethereum Virtual Machine

1727
01:19:16,360 --> 01:19:20,439
Speaker 3: become popular. So this is basically l ones or different

1728
01:19:20,439 --> 01:19:23,559
Speaker 3: projects that allow Ethereum to not operate like a piece

1729
01:19:23,560 --> 01:19:25,439
Speaker 3: of shit, because right now it operates like a piece

1730
01:19:25,479 --> 01:19:28,040
Speaker 3: of shit. And then finally, the big one for the

1731
01:19:28,280 --> 01:19:30,800
Speaker 3: end of the year is the middle class officially gets

1732
01:19:30,840 --> 01:19:33,639
Speaker 3: priced out of buying one full bitcoin.

1733
01:19:34,280 --> 01:19:35,920
Speaker 1: Certainly a few of those are going to play out.

1734
01:19:36,960 --> 01:19:40,200
Speaker 1: Sounds pretty good, sounds pretty ambitious. All right, Well man,

1735
01:19:40,200 --> 01:19:42,000
Speaker 1: we've covered a lot of ground. I think that's probably

1736
01:19:42,000 --> 01:19:44,040
Speaker 1: a good place to break it off. Thanks for having me.

1737
01:19:44,040 --> 01:19:46,679
Speaker 1: That's so we'll focus on for next year. Position yourself

1738
01:19:46,680 --> 01:19:49,960
Speaker 1: in one of those areas. If I'm going to summarize

1739
01:19:50,000 --> 01:19:54,320
Speaker 1: this for people listening, focus on yourself. Work for free

1740
01:19:54,360 --> 01:19:56,320
Speaker 1: so you can build a skill, deliver the skill to

1741
01:19:56,360 --> 01:19:58,479
Speaker 1: the to the marketplace for free, and tell someone wants

1742
01:19:58,520 --> 01:20:01,120
Speaker 1: to pay you for it. Once you've created that wealth,

1743
01:20:01,880 --> 01:20:04,559
Speaker 1: learn to control where you work and when you work,

1744
01:20:06,000 --> 01:20:09,559
Speaker 1: and then parlay that money into some places that you

1745
01:20:09,600 --> 01:20:12,599
Speaker 1: can multiply that wealth. Here's a whole bunch of themes

1746
01:20:12,600 --> 01:20:16,880
Speaker 1: that you can do this and continue to build your wealth.

1747
01:20:16,960 --> 01:20:18,200
Speaker 1: And grow your wealth and then.

1748
01:20:18,160 --> 01:20:20,120
Speaker 3: Protect it so you can protect your freedom and sovereignty.

1749
01:20:20,240 --> 01:20:22,960
Speaker 3: Can I mention the protection real quick? The protection I

1750
01:20:23,040 --> 01:20:24,720
Speaker 3: divide it into two things. And this is kind of

1751
01:20:24,760 --> 01:20:28,080
Speaker 3: a left left kind of curveball. It has nothing to

1752
01:20:28,080 --> 01:20:30,479
Speaker 3: do with yourself. It has to do with the people

1753
01:20:30,479 --> 01:20:33,240
Speaker 3: that you bring. So to preserve your wealth, you need

1754
01:20:33,240 --> 01:20:34,840
Speaker 3: a wealth. You need it. You need you need a

1755
01:20:34,880 --> 01:20:39,000
Speaker 3: financial advisor, a financial planner. You can't assume that just

1756
01:20:39,040 --> 01:20:42,200
Speaker 3: because you said just because you're good in one business

1757
01:20:42,280 --> 01:20:44,400
Speaker 3: doesn't mean you're good in every business. And just because

1758
01:20:44,439 --> 01:20:46,040
Speaker 3: you're good at making money doesn't mean you're good at

1759
01:20:46,120 --> 01:20:49,040
Speaker 3: keeping it. Yeah. So in my life, the first thing

1760
01:20:49,080 --> 01:20:50,600
Speaker 3: I did as soon as I began to make a

1761
01:20:50,640 --> 01:20:52,920
Speaker 3: little bit of money, I found a financial advisor or

1762
01:20:52,960 --> 01:20:55,879
Speaker 3: a financial planner that had my risk appetite or understood

1763
01:20:55,880 --> 01:20:58,320
Speaker 3: my risk appetite and could help me position a portfolio.

1764
01:20:58,439 --> 01:21:01,000
Speaker 3: Whether it was a mentor, it was somebody that's a

1765
01:21:01,040 --> 01:21:04,599
Speaker 3: CPA and actually specialized in this. I have found these people.

1766
01:21:05,000 --> 01:21:07,479
Speaker 3: Next is a financial role model. So if I want

1767
01:21:07,520 --> 01:21:09,040
Speaker 3: to preserve my wealth, I need to look at somebody

1768
01:21:09,080 --> 01:21:11,920
Speaker 3: that's been able to do this model prior and take

1769
01:21:11,960 --> 01:21:14,200
Speaker 3: from them, right, So take from their ingredients, take from

1770
01:21:14,240 --> 01:21:16,640
Speaker 3: their recipes, and put something together for me. Take the

1771
01:21:16,720 --> 01:21:19,160
Speaker 3: likes of Warren Buffett. Warren Buffett has his principles of

1772
01:21:19,920 --> 01:21:23,240
Speaker 3: if you're too diversified, you're ignorant, right deal box? Yeah, so,

1773
01:21:23,920 --> 01:21:26,320
Speaker 3: or if you invest everything into one, you're putting both

1774
01:21:26,360 --> 01:21:30,320
Speaker 3: feet into the lake. Too much risk. So somewhere with

1775
01:21:30,439 --> 01:21:33,360
Speaker 3: them there is his financial model of wealth preservation. You

1776
01:21:33,400 --> 01:21:36,559
Speaker 3: need to find who kind of aligns with you, learn

1777
01:21:36,640 --> 01:21:39,439
Speaker 3: from them, become mentored by them, find a financial advisor

1778
01:21:39,479 --> 01:21:41,920
Speaker 3: that can help you manage this area, which is very

1779
01:21:41,920 --> 01:21:44,600
Speaker 3: different than making money and being an entrepreneur. And I

1780
01:21:44,640 --> 01:21:49,000
Speaker 3: think having advisors, having counsel and having people that do

1781
01:21:49,160 --> 01:21:52,040
Speaker 3: this management in store for me and kind of think

1782
01:21:52,040 --> 01:21:54,639
Speaker 3: about the future of what I've already built, have been

1783
01:21:54,640 --> 01:21:57,759
Speaker 3: able to position me for the preservation of wealth. Awesome

1784
01:21:58,720 --> 01:22:00,920
Speaker 3: that was to sign it off. Thank you, Billmer, Thank

1785
01:22:01,000 --> 01:22:03,000
Speaker 3: you for having me Mark Moss such a pleasure. Likewise,

1786
01:22:03,560 --> 01:22:04,360
Speaker 3: all right, that's a wrap.

1787
01:22:04,400 --> 01:22:07,439
Speaker 1: Hopefully you've enjoyed this interview I did with Luke belmar Boy.

1788
01:22:07,720 --> 01:22:11,360
Speaker 1: I know he's young, but don't overlook his accomplishments because

1789
01:22:11,400 --> 01:22:11,920
Speaker 1: of his age.

1790
01:22:12,040 --> 01:22:13,120
Speaker 2: There's a wealth.

1791
01:22:12,880 --> 01:22:15,080
Speaker 1: Of wisdom that we can all learn because we can

1792
01:22:15,160 --> 01:22:17,920
Speaker 1: learn from anything and anybody, but specifically we can learn

1793
01:22:17,920 --> 01:22:20,360
Speaker 1: from somebody who came from nothing and made that much money.

1794
01:22:20,479 --> 01:22:21,960
Speaker 1: Make sure to give him a follow. Check out all

1795
01:22:21,960 --> 01:22:24,080
Speaker 1: those links down below. Also, like I said, join me

1796
01:22:24,200 --> 01:22:26,559
Speaker 1: live as we talk about how we're going to navigate

1797
01:22:26,960 --> 01:22:29,439
Speaker 1: what's happening with our central bank and our government and

1798
01:22:29,520 --> 01:22:30,360
Speaker 1: really about the world.

1799
01:22:30,360 --> 01:22:32,160
Speaker 2: I'm going to show you all the charts to graphs.

1800
01:22:31,840 --> 01:22:33,880
Speaker 1: How we should be building our portfolios to deal with

1801
01:22:33,920 --> 01:22:36,400
Speaker 1: this so we can survive and three twenty twenty four

1802
01:22:36,439 --> 01:22:38,000
Speaker 1: without dealing with all the volatility.

1803
01:22:38,160 --> 01:22:40,240
Speaker 2: There's a link down below. Come join me. That's what

1804
01:22:40,280 --> 01:22:41,360
Speaker 2: I got. Hope you enjoyed it.

1805
01:22:41,360 --> 01:22:42,840
Speaker 3: To your success out