WEBVTT - There’s A Glitch In The Matrix | Luke Belmar

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<v Speaker 1>How do you build wealth as an immigrant and turn

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<v Speaker 1>it into multi eight figures? How do you start from

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<v Speaker 1>zero coming from another country in just a.

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<v Speaker 2>Short period of time.

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<v Speaker 1>And that is the topic of the conversation I am

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<v Speaker 1>having today in this interview with no other than Luke belmhar.

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<v Speaker 1>He's somebody that will change the way you think about

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<v Speaker 1>money completely, how you build wealth. He's young, He's very young,

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<v Speaker 1>but he's very accomplished. He's turned the Internet and the

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<v Speaker 1>media world completely upside down, receiving over half a billion

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<v Speaker 1>views per month, talking about how to build, multiply and.

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<v Speaker 2>Preserve your wealth in this new digital age. He came

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<v Speaker 2>to the.

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<v Speaker 1>US from Argentine at sixteen years old with only two

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<v Speaker 1>hundred dollars in his pocket.

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<v Speaker 2>He hustled, He grinded his way to a multi.

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<v Speaker 1>Eight figure net work through digital marketing, E commerce and investing,

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<v Speaker 1>and now helps others do the exact same thing through

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<v Speaker 1>his new group called the Capitol Club. I had the

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<v Speaker 1>pleasure of speaking there a few months ago. In this interview,

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<v Speaker 1>we get into a lot of topics you need to build, grow,

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<v Speaker 1>and protect your wealth. We talk about things like how

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<v Speaker 1>did he build wealth after coming from nothing?

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<v Speaker 3>With it but at the age of sixteen, two hundred

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<v Speaker 3>dollars in a suitcase.

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<v Speaker 1>My I asked him about how someone else wanted to

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<v Speaker 1>follow the same path that he went on.

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<v Speaker 2>We'd go about making money like he did.

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<v Speaker 3>How can you make money in the beginning, arbitrage, sales,

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<v Speaker 3>anything that you can get your hands on.

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<v Speaker 1>We talked about making money. We talked about how do

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<v Speaker 1>we multiply. We've talked about the investments. I asked him

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<v Speaker 1>how did he forty x his investments in crypto and

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<v Speaker 1>what did he do next?

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<v Speaker 3>So out of crypto, rotate the tech stocks. It only

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<v Speaker 3>made sense under undervalued, Meta, undervalued Shopify, which are the

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<v Speaker 3>only two stocks that I truly knew because I run

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<v Speaker 3>Facebook guys and I run Shopify, So I understand the

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<v Speaker 3>Q four reports of Facebook, and I understand the Q

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<v Speaker 3>four reports of Shopify undervalue.

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<v Speaker 1>I wanted to know what his views were on what

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<v Speaker 1>people should be focusing on to be more successful.

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<v Speaker 3>I spent twenty years getting good at business. Now I

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<v Speaker 3>need to spend the next twenty years and that was

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<v Speaker 3>yet productive.

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<v Speaker 1>And then we talked about how coming from a country

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<v Speaker 1>like Argentina shaped his view on money.

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<v Speaker 3>Crazy part is people need to understand that the money

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<v Speaker 3>system isn't just just an accounting system, it's it's a

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<v Speaker 3>tool of power.

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<v Speaker 1>We got into what he thinks about the new president Argentina,

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<v Speaker 1>what he sees as the future of technology, business and investing.

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<v Speaker 2>We started out talking.

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<v Speaker 1>About building community, providing value, and so much more. This

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<v Speaker 1>is a banger interview. You definitely want to get a

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<v Speaker 1>pen a paper out. You want to get ready for

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<v Speaker 1>a masterclass on starting from zero and building an empire.

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<v Speaker 1>So let's go, all right, Luke Bellmaran the myth maybe

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<v Speaker 1>about to be the legend.

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<v Speaker 3>You're the legend, bro. Now you're you're you're definitely I'm

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<v Speaker 3>here in your studio.

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<v Speaker 1>Yeah, you're definitely the man in the myth though, the

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<v Speaker 1>guy behind the curtain. I love the I love the

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<v Speaker 1>scarcity that you do, where like you know, when you

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<v Speaker 1>first started hitting me up, I'm like, I don't even

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<v Speaker 1>know this guy is. I go look at your Instagram,

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<v Speaker 1>there's like nothing there. I look at your YouTube's like

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<v Speaker 1>there's no videos there, Like who is this guy? You

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<v Speaker 1>do everything very with with scarcity in the mindset. So

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<v Speaker 1>we're talking about right now, we'll just jump right into it.

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<v Speaker 1>We're talking about your community that you run, and talking

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<v Speaker 1>about how you limit that and create this scarcity for

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<v Speaker 1>the community, And you're talking about how, basically twenty five

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<v Speaker 1>hundred people per day get an invite to join, only

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<v Speaker 1>three hundred sixy nine people of the twenty five hundred

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<v Speaker 1>actually get in.

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<v Speaker 3>Correct, they don't.

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<v Speaker 1>If they don't win the race, they're out and they're

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<v Speaker 1>out for good. So you don't want to give them

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<v Speaker 1>another chance to get back in, even though that's certainly

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<v Speaker 1>hurting your bottom line. They miss their chance, they miss

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<v Speaker 1>their chance, and that's it. Because the value extends beyond

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<v Speaker 1>the money. It has to You have to build a

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<v Speaker 1>community beyond a financial metric. Right, So if you want

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<v Speaker 1>to build a loyal following, and if you want to

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<v Speaker 1>have a community that fucks with you, you have to

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<v Speaker 1>put them through things that challenge them.

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<v Speaker 3>You can't just hand over everything for free. You can't

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<v Speaker 3>just make everything easy and comfortable, because if you don't pay,

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<v Speaker 3>you don't pay attention, right, And if you get everything

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<v Speaker 3>for free, you're not going to valuate. And if you

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<v Speaker 3>see me all the time, then you're going to be

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<v Speaker 3>can think I'm normal. So familiarity breeds contempt. The less

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<v Speaker 3>you see me the better. So I limit my content,

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<v Speaker 3>but I maximize my distribution. So I figure out what

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<v Speaker 3>is like a Facebook a winning Facebook ad? You can

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<v Speaker 3>match that same thing with the concept of content creation.

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<v Speaker 3>So you have a winning piece of content. Perfect that

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<v Speaker 3>video gets a million views, that's a winning piece of content.

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<v Speaker 3>You've proven the thesis does. Are you only going to

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<v Speaker 3>limit that video to one million views? Are you going

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<v Speaker 3>to repurpose that video ten thousand times? So in twenty

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<v Speaker 3>twenty three, we posted almost one hundred thousand videos. Wow.

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<v Speaker 3>And that is the difference between me and everybody else

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<v Speaker 3>is with the one hundred thousand videos, I don't have

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<v Speaker 3>to focus on sending emails. I don't have to focus

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<v Speaker 3>on giving people a second chance because there's always new

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<v Speaker 3>inflow of individuals that are willing to actually go through

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<v Speaker 3>the three hundred and sixty nine process and sign up

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<v Speaker 3>before everybody else and join the community and become part

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<v Speaker 3>of Capitol Club.

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<v Speaker 2>All right, hopefully you're enjoying this interview with Luke.

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<v Speaker 1>I got to take a very quick break, real quick

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<v Speaker 1>to tell you that I am hosting a live event

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<v Speaker 1>where I'm going to show you how to seize the

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<v Speaker 1>upside of the FEDS, you turn, grow your investments in

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<v Speaker 1>twenty twenty four and sidestep market volatility.

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<v Speaker 2>I'm going to break down about twenty or thirty charts.

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<v Speaker 1>You can see the actual data, see exactly what you

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<v Speaker 1>should be doing, when you should be watching, and so

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<v Speaker 1>much more. I'm going to be not only showing you

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<v Speaker 1>the information, I'm going to be taking all your questions live.

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<v Speaker 2>So join me, come hang out live. Let's get through

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<v Speaker 2>this data. Ask me all the questions you have.

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<v Speaker 1>Let's plan to get through this together so we can

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<v Speaker 1>all be on the winning side of this. All right,

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<v Speaker 1>let's just jump right back into the interview with Luke.

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<v Speaker 1>If you think about email, email is a way one.

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<v Speaker 1>It's a way to own your list, right, so you

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<v Speaker 1>talk about rent the list versus own the list, So

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<v Speaker 1>it is a way to own the list. If you

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<v Speaker 1>were to get canceled on all the platforms, do you

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<v Speaker 1>have no email list, which is the problem. But it's

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<v Speaker 1>also a way to nurture the list. And so basically

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<v Speaker 1>you're saying, forget nurturing on email, I'm just going to

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<v Speaker 1>continue to nurture them online. Yes, one percent, And you

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<v Speaker 1>nurture them through short forms. So our long form is

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<v Speaker 1>when they know what you're about. Short forms, when they

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<v Speaker 1>know that you exist. So in short form, they know

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<v Speaker 1>that you exist. And then the continuous repetition of email

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<v Speaker 1>is what for you to be in front of people.

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<v Speaker 1>But that doesn't mean you have to be in front

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<v Speaker 1>of people via email all the time. So the question

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<v Speaker 1>is what do you use the email communication for. I

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<v Speaker 1>began perceiving email completely different than any other digital marketers

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<v Speaker 1>ever talked about email. So I consider myself. Let's say

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<v Speaker 1>I have my own kingdom. Right back in the day,

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<v Speaker 1>two thousand years ago, Alexander the Great conquered all of

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<v Speaker 1>the known world. Lukey great, not quite, but he clearly

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<v Speaker 1>didn't have the ability, the access, or the time to

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<v Speaker 1>go to every single governor, every single point of his

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<v Speaker 1>empire and proclaim his message. He had to send what.

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<v Speaker 3>Messengers, in this case emails, But what were they talking about?

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<v Speaker 3>The word of the king? Whatever he wanted to transmit,

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<v Speaker 3>it wasn't the messenger cooking up a message via email

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<v Speaker 3>marketing with a nice slogan on behalf of the king.

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<v Speaker 3>So every email that comes comes from me, I sit down,

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<v Speaker 3>I write it, whether it's on my phone, whether it's

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<v Speaker 3>on my notes, and I send it to my team.

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<v Speaker 3>So the authenticity level that's attached the email, I don't

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<v Speaker 3>see it as email marketing. I see it as a

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<v Speaker 3>one on one communication with another individual. That's why my

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<v Speaker 3>email open rates with a quarter million follower list is

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<v Speaker 3>sixty eight percent.

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<v Speaker 1>Now let's talk about I want I want to jump

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<v Speaker 1>back to the beginning, but I want to hammer this

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<v Speaker 1>point home. So that's cool for you, great job, Like

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<v Speaker 1>you can not let anybody in fifteen percent of the

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<v Speaker 1>amount of people in. What about people that don't have

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<v Speaker 1>that many people? I mean, how would you apply that

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<v Speaker 1>to something where you know you're trying.

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<v Speaker 3>To get fifty people to join? First, you need to

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<v Speaker 3>ask yourself is what I'm building or who I am

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<v Speaker 3>worth following or worth investing in? And it's a candid

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<v Speaker 3>conversation because you are in the marketplace where there's competitors.

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<v Speaker 3>There's people that are phenomenal, there's people that are excellent.

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<v Speaker 3>I mean you're in the finance space. You understand your competitors.

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<v Speaker 3>There's dudes out there that are extremely intelligent, really competent.

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<v Speaker 3>So you have to get to par be legit in

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<v Speaker 3>order to compete at that level. So I think initially,

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<v Speaker 3>before even conversing about building a following, it's are you

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<v Speaker 3>worth following? Right? So the reason you have so many

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<v Speaker 3>followers on YouTube is because your content is fucking phenomenal.

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<v Speaker 3>The reason I reached out to you is because I

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<v Speaker 3>saw your bis world structure and I'm like, oh, financial structure. Okay,

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<v Speaker 3>this guy's quite intelligent. Now I know what he's about.

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<v Speaker 3>Let me go reach out to him. And that's because

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<v Speaker 3>you had substance. Most people are out here doing bullshit

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<v Speaker 3>stuff online. They have no substance, so they're not worth following.

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<v Speaker 3>So first ask yourself, do I have a product worth

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<v Speaker 3>selling that people want? And am I somebody worth following?

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<v Speaker 3>If the answers know, then ask yourself who do I

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<v Speaker 3>have to become in order to become worth following. You

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<v Speaker 3>went through the fucking trenches. You went through oh wait, implosion,

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<v Speaker 3>you went through all the bullshit, you sold companies, you

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<v Speaker 3>listed companies like, you've done the whole nine. So now

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<v Speaker 3>you're in a situation whereby you actually have credibility in

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<v Speaker 3>street credit, validity to do what to actually be in

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<v Speaker 3>a situation whereby you can coach, you can teach, you

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<v Speaker 3>can build communities. You're worth listening to other people aren't

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<v Speaker 3>so I think before getting to that stage of hey,

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<v Speaker 3>why don't people listen to me, ask yourself, am I

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<v Speaker 3>worth listening to? And if the answer is yes, now

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<v Speaker 3>you need to start creating content. Content around what, content

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<v Speaker 3>around what you know? Become passionate about it and understand

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<v Speaker 3>that there's people that are there with you. And then

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<v Speaker 3>when it comes to how much content you need to produce,

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<v Speaker 3>I take a completely different approach than Gary b. Garybe says,

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<v Speaker 3>create content content content, no, no, no, create limited amount of

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<v Speaker 3>content that is high quality, no to convert and distribute

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<v Speaker 3>that to everybody that knows who or knows this niche

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<v Speaker 3>or this community. And if they don't know who you are,

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<v Speaker 3>they will. And it's a very different approach, a very

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<v Speaker 3>different format because instead of doing this shotgun approach a

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<v Speaker 3>million pieces of content, I'll take one winning piece of

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<v Speaker 3>content and distribute it to ensure that hundreds of millions

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<v Speaker 3>of people see it. If I know it converts, I

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<v Speaker 3>love that.

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<v Speaker 1>It's I know you worked with Andrew Tate and it's

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<v Speaker 1>sort of the message Entertate has about getting girls become

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<v Speaker 1>the kind of guy that a girl wants like, don't

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<v Speaker 1>just be mad about it. And so you're kind of

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<v Speaker 1>saying the same thing about your content, like become the

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<v Speaker 1>kind of person that somebody would be interested in. I

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<v Speaker 1>remember when I I think right around when I was

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<v Speaker 1>twenty or so, I just had this idea I need

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<v Speaker 1>to travel the world. And the reason why I wanted

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<v Speaker 1>to travel the world is I wanted to have a

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<v Speaker 1>bunch of stories because I wanted to be interesting. And

0:09:50.360 --> 0:09:52.360
<v Speaker 1>now I've spent I travel a couple months a year.

0:09:52.400 --> 0:09:53.839
<v Speaker 1>I've been doing that for decades now, and so it's

0:09:53.840 --> 0:09:56.120
<v Speaker 1>like but at that time, it was like I need

0:09:56.120 --> 0:09:59.120
<v Speaker 1>to go have experiences so I have things to talk about,

0:09:59.360 --> 0:10:00.920
<v Speaker 1>and so buzz this deals that you do all of

0:10:00.920 --> 0:10:03.120
<v Speaker 1>those things. So it plays in what about when you

0:10:03.160 --> 0:10:05.360
<v Speaker 1>talk about the content the Gary V. So Gary V's like,

0:10:05.400 --> 0:10:09.480
<v Speaker 1>don't create document, just document what you're doing and not like, hey,

0:10:09.559 --> 0:10:11.280
<v Speaker 1>here's what I'm eating, but more like the lessons that

0:10:11.320 --> 0:10:12.720
<v Speaker 1>you're learning along the way is kind of what I

0:10:12.720 --> 0:10:15.800
<v Speaker 1>picked up from it. But you're talking about like creating content,

0:10:15.840 --> 0:10:19.520
<v Speaker 1>but you create content across a pretty wide niche or

0:10:19.520 --> 0:10:21.960
<v Speaker 1>not a niche, but really a wide group of subjects,

0:10:21.960 --> 0:10:26.959
<v Speaker 1>everything from stoicism to crypto to creating content to whatever.

0:10:27.960 --> 0:10:30.520
<v Speaker 1>What do you think about starting niche down? Niche your

0:10:30.559 --> 0:10:32.120
<v Speaker 1>face off if you will. Then riches are in the

0:10:32.240 --> 0:10:34.719
<v Speaker 1>niches versus like being so broad like you are.

0:10:35.160 --> 0:10:37.600
<v Speaker 3>So it depends on it depends on the niche that

0:10:37.640 --> 0:10:41.000
<v Speaker 3>you pick, and it depends on your objective. So, for example,

0:10:41.040 --> 0:10:45.199
<v Speaker 3>my umbrella approach is very simply everything's aligned. So if

0:10:45.200 --> 0:10:47.680
<v Speaker 3>you look at the people that are usually involved in stoicism,

0:10:47.720 --> 0:10:51.280
<v Speaker 3>they're also involved in the understanding of entrepreneurship or they

0:10:51.400 --> 0:10:54.400
<v Speaker 3>want sovereignty. So now the understanding of crypto and bitcoin

0:10:54.559 --> 0:10:57.720
<v Speaker 3>could tie into the idea of this autonomy. And then

0:10:57.720 --> 0:11:00.560
<v Speaker 3>bitcoin tinns into the concept of principles of being your

0:11:00.559 --> 0:11:02.800
<v Speaker 3>own merchant, managing your own money. That ties into okay,

0:11:02.840 --> 0:11:04.720
<v Speaker 3>now I have freedom of money. Maybe I want freedom

0:11:04.720 --> 0:11:07.000
<v Speaker 3>of employment. So now you begin to talk about that,

0:11:07.040 --> 0:11:09.600
<v Speaker 3>and now okay, well social media, who how can I

0:11:09.600 --> 0:11:12.480
<v Speaker 3>make money online? So what I try to create isn't

0:11:12.520 --> 0:11:15.440
<v Speaker 3>individual niches that are viewed individually. I try to create

0:11:15.440 --> 0:11:18.959
<v Speaker 3>a garden. So I create a garden for the community.

0:11:19.200 --> 0:11:21.800
<v Speaker 3>And how I view my community is very different to

0:11:21.840 --> 0:11:24.240
<v Speaker 3>how most people view it. Most people view the community

0:11:24.320 --> 0:11:26.200
<v Speaker 3>as a place where they're going to make money. So

0:11:27.080 --> 0:11:29.880
<v Speaker 3>how I view if it was a if my Internet

0:11:29.880 --> 0:11:33.200
<v Speaker 3>exposure was like a small little empire in the real world,

0:11:33.280 --> 0:11:35.839
<v Speaker 3>I would consider capital club or my community like the

0:11:35.960 --> 0:11:38.800
<v Speaker 3>Nile River. You don't take from the Nile River. The

0:11:38.840 --> 0:11:41.480
<v Speaker 3>Nile River exists. Your goals to preserve it. You build

0:11:41.520 --> 0:11:43.320
<v Speaker 3>your empire around the Nile River. So what are the

0:11:43.320 --> 0:11:45.880
<v Speaker 3>businesses that you're building around the community while nurturing and

0:11:45.880 --> 0:11:48.520
<v Speaker 3>sustaining the community. Most people fuck up the community. Most

0:11:48.520 --> 0:11:51.400
<v Speaker 3>people poison the river, most people destroy it instead of

0:11:51.400 --> 0:11:54.440
<v Speaker 3>building around it. So I have my beautiful community, great people,

0:11:54.679 --> 0:11:57.439
<v Speaker 3>top of the top. Now how can I empower them?

0:11:57.480 --> 0:12:02.080
<v Speaker 3>So empowering them through different experience, different events, different content

0:12:02.480 --> 0:12:05.440
<v Speaker 3>that I understand because I'm very similar to my audience

0:12:05.600 --> 0:12:07.600
<v Speaker 3>what I want, So I only talk about the shit

0:12:07.640 --> 0:12:09.960
<v Speaker 3>that I enjoy because I know we have, for example,

0:12:09.960 --> 0:12:12.680
<v Speaker 3>similar interests. We could sit down talk about stoicism, bitcoin,

0:12:12.760 --> 0:12:15.280
<v Speaker 3>crypto and entrepreneurship and that's it, and it's within our

0:12:15.400 --> 0:12:19.040
<v Speaker 3>niche and our range. So I try to become really

0:12:19.080 --> 0:12:21.400
<v Speaker 3>good at what I like and then share those things

0:12:21.400 --> 0:12:22.840
<v Speaker 3>to people that are similar to me. And it just

0:12:22.840 --> 0:12:25.360
<v Speaker 3>happens to be that my audience and my choice of

0:12:25.480 --> 0:12:28.400
<v Speaker 3>enjoyment is large enough, and it's becoming the future, like

0:12:28.440 --> 0:12:30.439
<v Speaker 3>e commerce and crypto, it's only going to get bigger,

0:12:30.920 --> 0:12:32.400
<v Speaker 3>and we just happened to be at the cusp of it.

0:12:32.440 --> 0:12:32.959
<v Speaker 3>So it works.

0:12:33.120 --> 0:12:35.079
<v Speaker 1>I love what you said about not taking from the

0:12:35.120 --> 0:12:37.199
<v Speaker 1>now river just building around it, and so I can

0:12:37.240 --> 0:12:40.360
<v Speaker 1>tell you know, the first experience I had was at

0:12:40.360 --> 0:12:43.800
<v Speaker 1>your Mastermind in Spain last year, and you've really built

0:12:43.800 --> 0:12:46.640
<v Speaker 1>this community of giving more than you're taking. So you

0:12:46.760 --> 0:12:48.640
<v Speaker 1>use the word empower, and that's the ultimate we're trying

0:12:48.640 --> 0:12:50.520
<v Speaker 1>to do. And you're trying to like really think about

0:12:50.559 --> 0:12:52.720
<v Speaker 1>how can I cultivate or another relationship. And it's an

0:12:52.720 --> 0:12:54.440
<v Speaker 1>old sales message, which is if I help other people

0:12:54.440 --> 0:12:56.080
<v Speaker 1>get what they want. I think it was theigziglar. If

0:12:56.080 --> 0:12:57.520
<v Speaker 1>I help people get what they want, I get what

0:12:57.559 --> 0:12:59.440
<v Speaker 1>I want. And so you're kind of creating this system

0:12:59.480 --> 0:13:01.280
<v Speaker 1>that empower people to get what they want and then

0:13:01.320 --> 0:13:03.120
<v Speaker 1>ultimately then you can get what you want around it.

0:13:03.120 --> 0:13:05.800
<v Speaker 1>And it's a long game, and I think most people,

0:13:07.600 --> 0:13:09.040
<v Speaker 1>let me get your comment on this, I think most

0:13:09.040 --> 0:13:11.840
<v Speaker 1>people can't play the long game. The majority of people,

0:13:12.480 --> 0:13:15.560
<v Speaker 1>I think are held back because they can't imagine working

0:13:15.600 --> 0:13:19.319
<v Speaker 1>for free. They can't imagine working for free. They're used

0:13:19.360 --> 0:13:21.880
<v Speaker 1>to a paycheck. Well, if someone's not gonna pay me

0:13:22.080 --> 0:13:24.200
<v Speaker 1>every hour, I'm not gonna go do it. And so

0:13:24.240 --> 0:13:27.720
<v Speaker 1>how am I gonna go work for months, months, or

0:13:27.760 --> 0:13:30.120
<v Speaker 1>even years without getting paid, hopefully to get it in

0:13:30.160 --> 0:13:30.360
<v Speaker 1>the end.

0:13:30.400 --> 0:13:32.320
<v Speaker 3>I don't know what your thought is on that. So

0:13:32.679 --> 0:13:35.720
<v Speaker 3>you know what I was talking about with Andrew on

0:13:35.840 --> 0:13:38.000
<v Speaker 3>the tesla coming over here in the car, and I

0:13:38.000 --> 0:13:41.280
<v Speaker 3>was like, imagine you're in year two hundred of the

0:13:41.320 --> 0:13:46.640
<v Speaker 3>four hundred year of Israeli slavery inside the Egyptian kind

0:13:46.679 --> 0:13:49.240
<v Speaker 3>of empire, where you have the story of Moses, or

0:13:49.520 --> 0:13:51.760
<v Speaker 3>you can even take when Israel gets captured and taken

0:13:51.800 --> 0:13:54.520
<v Speaker 3>into exile to Babylon, you have the story of Daniel.

0:13:55.080 --> 0:13:57.240
<v Speaker 3>What happens if you're born in year two hundred and

0:13:57.320 --> 0:14:01.679
<v Speaker 3>twenty seven of that slavery? No context of freedom, You

0:14:01.720 --> 0:14:03.920
<v Speaker 3>have no understanding of what it means to be autonomous.

0:14:04.120 --> 0:14:06.400
<v Speaker 3>You have no reference point of working for yourself, You

0:14:06.440 --> 0:14:08.440
<v Speaker 3>have no reference point of making your own mind, you

0:14:08.440 --> 0:14:11.080
<v Speaker 3>have no reference point of sovereign currency. Because you're under

0:14:11.120 --> 0:14:14.400
<v Speaker 3>the thumb up your oppressor. People don't seem to understand

0:14:14.400 --> 0:14:16.840
<v Speaker 3>that that's where we are today. You're two hundred and

0:14:16.840 --> 0:14:20.640
<v Speaker 3>something years into an ecosystem that's been curated and designed

0:14:20.640 --> 0:14:24.040
<v Speaker 3>for slavery. So when you understand that you're one hundred

0:14:24.080 --> 0:14:27.760
<v Speaker 3>and something years into the syop, you begin to ask yourself,

0:14:27.800 --> 0:14:31.040
<v Speaker 3>why does it take ten years twelve years in order

0:14:31.080 --> 0:14:34.200
<v Speaker 3>for me to buy a house cash? That sounds kind

0:14:34.200 --> 0:14:36.160
<v Speaker 3>of slavish when a couple of years ago I just

0:14:36.400 --> 0:14:38.520
<v Speaker 3>would have to work two three years, and before that

0:14:38.560 --> 0:14:40.600
<v Speaker 3>it would take a couple months. What the fuck is

0:14:40.600 --> 0:14:42.520
<v Speaker 3>a thirty year mortgage? Now they're trying to come up

0:14:42.560 --> 0:14:45.840
<v Speaker 3>with fifty year mortgages. So I begin to evaluate all

0:14:45.920 --> 0:14:49.560
<v Speaker 3>these scenarios and I ask myself, where the fuck are

0:14:49.600 --> 0:14:52.680
<v Speaker 3>we going in the future. So to get it's not

0:14:52.720 --> 0:14:54.920
<v Speaker 3>so much an opinionated thing. It's more so I like

0:14:54.960 --> 0:14:59.200
<v Speaker 3>to observe things pragmatically and see them play out. What

0:14:59.240 --> 0:15:00.960
<v Speaker 3>I was saying is, do you do you think that holds?

0:15:01.360 --> 0:15:02.760
<v Speaker 3>You're taking a very long term approach.

0:15:02.800 --> 0:15:05.720
<v Speaker 1>Okay, I'm going to preserve the nile and I'm not

0:15:05.760 --> 0:15:07.400
<v Speaker 1>going to take from it, But I know if I

0:15:07.440 --> 0:15:09.240
<v Speaker 1>build around then and help people get what I want,

0:15:09.280 --> 0:15:11.160
<v Speaker 1>eventually I'll get what I want, and I was saying,

0:15:11.160 --> 0:15:12.920
<v Speaker 1>I think most people are held back by the fact

0:15:12.960 --> 0:15:14.760
<v Speaker 1>that they can't imagine working for free.

0:15:14.880 --> 0:15:17.760
<v Speaker 3>Yes, correct, So back to the point. So if you're

0:15:17.800 --> 0:15:20.080
<v Speaker 3>in year one seventy six of slavery and all you

0:15:20.160 --> 0:15:21.920
<v Speaker 3>know is that you're going to work and in return

0:15:21.960 --> 0:15:24.040
<v Speaker 3>you're going to get a paycheck, then that's the default

0:15:24.080 --> 0:15:27.200
<v Speaker 3>mindset that you're going to hold. No labor is going

0:15:27.280 --> 0:15:30.000
<v Speaker 3>to be put forth unless you're able to see a reward,

0:15:30.280 --> 0:15:32.200
<v Speaker 3>and most people can't see a reward in front of

0:15:32.240 --> 0:15:34.080
<v Speaker 3>their like if it's right here, they don't see the

0:15:34.160 --> 0:15:35.880
<v Speaker 3>dollar sign right here, they're not going to do it.

0:15:35.960 --> 0:15:39.080
<v Speaker 3>They're risk adverse. They don't understand that they have truly

0:15:39.120 --> 0:15:41.680
<v Speaker 3>nothing to lose, but they're not willing to take any risk.

0:15:41.960 --> 0:15:45.200
<v Speaker 3>So I think the big discrepancy as to why individuals

0:15:45.640 --> 0:15:48.560
<v Speaker 3>aren't willing to take the risk, or why individuals are

0:15:48.600 --> 0:15:52.320
<v Speaker 3>in a situation where they have this kind of potentially

0:15:52.320 --> 0:15:56.240
<v Speaker 3>slave mindset, to me, has to do with nurture, how

0:15:56.240 --> 0:15:59.800
<v Speaker 3>they grow up, the school system, how they're educated, and overall,

0:15:59.800 --> 0:16:03.560
<v Speaker 3>I think is a cultural experience of hundreds and hundreds

0:16:03.560 --> 0:16:08.720
<v Speaker 3>of years of systematized cheating that's been done on people

0:16:08.920 --> 0:16:11.400
<v Speaker 3>to extort them for their time, their energy, and their effort.

0:16:11.440 --> 0:16:13.200
<v Speaker 3>If you look at how the FIAT system was created,

0:16:13.240 --> 0:16:15.520
<v Speaker 3>it wasn't created to empower people. It's created to steal

0:16:15.560 --> 0:16:17.880
<v Speaker 3>from people. So if you begin to realize that this

0:16:17.920 --> 0:16:20.600
<v Speaker 3>is kind of like a slavery model that's imposed on everybody,

0:16:20.920 --> 0:16:22.760
<v Speaker 3>you can kind of shake away from it, or at

0:16:22.840 --> 0:16:25.200
<v Speaker 3>least observe it from a third party perspective, it may

0:16:25.240 --> 0:16:25.920
<v Speaker 3>be beneficial.

0:16:26.400 --> 0:16:28.880
<v Speaker 1>Let's jump back to the beginning of Luke Belmar. So

0:16:28.960 --> 0:16:32.360
<v Speaker 1>from what I know from your story, you're some poor

0:16:32.400 --> 0:16:34.480
<v Speaker 1>little kid from Argentina that came to the United States

0:16:34.520 --> 0:16:35.560
<v Speaker 1>with a hundred bucks in your pocket.

0:16:36.360 --> 0:16:37.120
<v Speaker 3>Two hundred bucks.

0:16:39.120 --> 0:16:43.080
<v Speaker 1>You know, a lot of what we become is from

0:16:43.120 --> 0:16:45.120
<v Speaker 1>where we came from, and so a lot of that

0:16:45.240 --> 0:16:48.320
<v Speaker 1>is cultural, educational. And I mean today, right now in

0:16:48.320 --> 0:16:50.360
<v Speaker 1>the United States, we're seeing millions of people coming up

0:16:50.360 --> 0:16:53.800
<v Speaker 1>from Venezuela and Argentina and South America coming up and

0:16:53.840 --> 0:16:55.480
<v Speaker 1>I don't think they have the same mindset as you.

0:16:55.760 --> 0:16:58.440
<v Speaker 1>So I'm curious what was that, Like why did you

0:16:58.480 --> 0:17:00.960
<v Speaker 1>come up here? And how did you over two hundred bucks?

0:17:01.000 --> 0:17:02.840
<v Speaker 1>And like how did that work out?

0:17:03.000 --> 0:17:06.520
<v Speaker 3>Yeah, so age of sixteen, I graduate from high school. Thankfully,

0:17:06.560 --> 0:17:08.840
<v Speaker 3>my parents put me in an English speaking school. It

0:17:08.920 --> 0:17:11.359
<v Speaker 3>costs three hundred dollars a year, so I was able

0:17:11.400 --> 0:17:14.479
<v Speaker 3>to learn not the colloquialisms and the specificities of English.

0:17:14.520 --> 0:17:17.159
<v Speaker 3>I think I adopted this. I've also been in America

0:17:17.280 --> 0:17:20.040
<v Speaker 3>for over a decade at this point in twenty eight

0:17:20.119 --> 0:17:22.120
<v Speaker 3>and arrived when I was sixteen, so I was able

0:17:22.160 --> 0:17:25.280
<v Speaker 3>to learn the language and get quite eloquent with it.

0:17:25.320 --> 0:17:27.119
<v Speaker 3>But at the age of sixteen, two hundred dollars in

0:17:27.200 --> 0:17:30.919
<v Speaker 3>a suitcase my parents got me, well, they didn't get

0:17:30.920 --> 0:17:33.800
<v Speaker 3>me a flight. One of my family members I was

0:17:33.840 --> 0:17:37.560
<v Speaker 3>actually working for the airline, Argentina Airline, and I was

0:17:37.600 --> 0:17:39.560
<v Speaker 3>able to get a flight attendant spot. So wherever the

0:17:39.560 --> 0:17:42.159
<v Speaker 3>flight attendant seat I think I think in Spanish is

0:17:42.200 --> 0:17:43.760
<v Speaker 3>called the yam seats there or something like that. I

0:17:43.760 --> 0:17:45.600
<v Speaker 3>don't know what it's called, but that's where I sat.

0:17:45.720 --> 0:17:47.760
<v Speaker 3>And then add family members in the US stayed with them,

0:17:48.359 --> 0:17:50.840
<v Speaker 3>worked all sort of odd jobs, pressure washing basketball courts,

0:17:51.000 --> 0:17:54.639
<v Speaker 3>cleaning toilets, flipping wings, flipping pizzas, and then in the

0:17:54.680 --> 0:17:57.720
<v Speaker 3>year two thousand, end of fifteen twenty sixteen, my first

0:17:57.800 --> 0:18:01.040
<v Speaker 3>exposure to anything digital was. I had a fellow server

0:18:01.320 --> 0:18:04.560
<v Speaker 3>and I was working a restaurant twenty fifteen, and he

0:18:04.640 --> 0:18:06.080
<v Speaker 3>was like, hey, have you heard a bitcoin? That was

0:18:06.080 --> 0:18:07.840
<v Speaker 3>the first boat. Remember that was the first kind of

0:18:07.880 --> 0:18:10.600
<v Speaker 3>the fifteen sixteen it was That's when I got in.

0:18:10.720 --> 0:18:13.000
<v Speaker 3>It was it was peaking. I was like, this is expensive.

0:18:13.000 --> 0:18:14.840
<v Speaker 3>I don't know what this is. Bitcoin is a couple

0:18:14.880 --> 0:18:18.000
<v Speaker 3>hundred bucks. I couldn't really afford it, but you know what,

0:18:18.119 --> 0:18:20.320
<v Speaker 3>let me take a couple dollars and put them on bitstamp.

0:18:20.600 --> 0:18:22.560
<v Speaker 3>But I wasn't really part of crypto. But that was

0:18:22.560 --> 0:18:25.639
<v Speaker 3>my first exposure to anything Internet twenty sixteen came around,

0:18:25.800 --> 0:18:28.040
<v Speaker 3>got exposed to everything that was e commerce. I said, hey,

0:18:28.080 --> 0:18:29.920
<v Speaker 3>I'm going to go live with my brother two hundred

0:18:29.960 --> 0:18:32.280
<v Speaker 3>dollars a month. That's what I paid him for rent,

0:18:32.520 --> 0:18:35.359
<v Speaker 3>sleep on his couch, and I built my first online business,

0:18:35.359 --> 0:18:38.960
<v Speaker 3>which was selling and reselling online digital assets. What was

0:18:39.600 --> 0:18:44.080
<v Speaker 3>Instagram pages? Building those accounts, selling them? It was Facebook

0:18:44.080 --> 0:18:44.840
<v Speaker 3>ads for a different nights.

0:18:44.880 --> 0:18:47.200
<v Speaker 1>How did you figure out that you want to buy

0:18:47.200 --> 0:18:48.520
<v Speaker 1>and sell Instagram accounts?

0:18:48.560 --> 0:18:50.320
<v Speaker 3>Because people were willing to do it. So, for example,

0:18:50.320 --> 0:18:52.399
<v Speaker 3>people would hit me up and they would did you

0:18:52.440 --> 0:18:54.000
<v Speaker 3>have like a friend that was doing it, so you're

0:18:54.040 --> 0:18:56.119
<v Speaker 3>like everybody was doing it. This was when this was

0:18:56.119 --> 0:18:57.960
<v Speaker 3>the craze of the meme pages back in the day.

0:18:57.960 --> 0:18:59.720
<v Speaker 3>It was when the meme pages were going crazy. So

0:18:59.720 --> 0:19:01.879
<v Speaker 3>people build up a niche of a meme page and

0:19:01.920 --> 0:19:04.159
<v Speaker 3>then they would grab an e commerce store, run some

0:19:04.240 --> 0:19:06.720
<v Speaker 3>Instagram story ads to it, Boom milk it, go to

0:19:06.760 --> 0:19:08.320
<v Speaker 3>another page. What I would do is just build up

0:19:08.359 --> 0:19:10.040
<v Speaker 3>the pages a little bit and then sell the pages

0:19:10.040 --> 0:19:12.480
<v Speaker 3>to e comm guys, or build people's pages, sell them

0:19:12.520 --> 0:19:15.359
<v Speaker 3>to them, flip Instagram user names, anything that could do hustle,

0:19:15.440 --> 0:19:16.760
<v Speaker 3>make money online, so on that.

0:19:16.920 --> 0:19:19.440
<v Speaker 1>In that regard, I think a lot of people are

0:19:19.440 --> 0:19:21.760
<v Speaker 1>caught up today and I got to find my passion.

0:19:21.960 --> 0:19:23.280
<v Speaker 3>I don't know if this is what I want to do?

0:19:23.560 --> 0:19:25.320
<v Speaker 3>Is this what I was made for? And it's like, dude,

0:19:25.359 --> 0:19:27.399
<v Speaker 3>sometimes you got to how much money is there in

0:19:27.440 --> 0:19:29.960
<v Speaker 3>digital arbitrage? It's insane, No, I get it.

0:19:30.000 --> 0:19:31.520
<v Speaker 1>But the point I'm making is I think so many

0:19:31.560 --> 0:19:34.679
<v Speaker 1>people are paralyzed within activity because they don't know what

0:19:34.720 --> 0:19:37.239
<v Speaker 1>they want to do. And I'm guessing, and you tell

0:19:37.280 --> 0:19:39.119
<v Speaker 1>me if I'm wrong, But I'm guessing. This wasn't like

0:19:39.160 --> 0:19:41.440
<v Speaker 1>your dream calling in life, it was like, hey, there's

0:19:41.440 --> 0:19:42.119
<v Speaker 1>an opportunity.

0:19:42.320 --> 0:19:45.000
<v Speaker 3>Confucius at once said if you do not economize, you

0:19:45.000 --> 0:19:48.880
<v Speaker 3>will agonize, So it's very true. People are like, oh,

0:19:48.920 --> 0:19:51.200
<v Speaker 3>I need to be a business owner. No, you don't

0:19:51.240 --> 0:19:53.639
<v Speaker 3>need to be a business owner to make money. You

0:19:53.720 --> 0:19:56.120
<v Speaker 3>just need to make money, right, Becoming a business owner

0:19:56.119 --> 0:19:57.880
<v Speaker 3>is high risk. You're the last one to get paid

0:19:57.920 --> 0:20:01.000
<v Speaker 3>byther like you're the last ever. Everybody gets paid here,

0:20:01.240 --> 0:20:03.919
<v Speaker 3>whether the business works are not. The video editor is

0:20:03.920 --> 0:20:07.760
<v Speaker 3>still getting paid. Everybody's getting paid, but we're not. So

0:20:08.119 --> 0:20:12.040
<v Speaker 3>how can you make money in the beginning? Arbitrage sales,

0:20:12.640 --> 0:20:14.000
<v Speaker 3>anything that you can get your hands on.

0:20:14.080 --> 0:20:16.440
<v Speaker 1>So you just saw an opportunity, like, hey, I see

0:20:16.440 --> 0:20:18.080
<v Speaker 1>people doing this. I'm just gonna jump in and figure out.

0:20:18.800 --> 0:20:20.159
<v Speaker 1>Just jumped in and that's the piece that I want

0:20:20.200 --> 0:20:22.160
<v Speaker 1>to hit. So many people are paralyzed with fear because

0:20:22.160 --> 0:20:23.960
<v Speaker 1>they don't know what they want to do. And it's like,

0:20:24.080 --> 0:20:25.639
<v Speaker 1>just start making money. You don't know what you want

0:20:25.680 --> 0:20:27.439
<v Speaker 1>to do until you start doing things that you don't like.

0:20:27.800 --> 0:20:30.000
<v Speaker 1>Last year, I made millions of dollars doing coaching programs

0:20:30.040 --> 0:20:32.199
<v Speaker 1>and I decided I didn't like them. But I wouldn't

0:20:32.240 --> 0:20:34.480
<v Speaker 1>know that until I had done them right, and so

0:20:34.560 --> 0:20:38.119
<v Speaker 1>we've changed that. But I think that's a good point. Okay,

0:20:38.119 --> 0:20:40.000
<v Speaker 1>so keep going. So now you're flipping those things.

0:20:40.119 --> 0:20:42.119
<v Speaker 3>But I think one of the important parts of this

0:20:42.320 --> 0:20:45.120
<v Speaker 3>entire narrative that I went to hone in is that

0:20:45.240 --> 0:20:50.760
<v Speaker 3>my expenses were so low and my risk wasn't built

0:20:50.840 --> 0:20:54.359
<v Speaker 3>up with having things family bad decisions of the past,

0:20:54.560 --> 0:20:57.320
<v Speaker 3>whereab I limited the amount of risk or the amount

0:20:57.320 --> 0:20:59.560
<v Speaker 3>of opportunity that I would pursue. I was only paying

0:20:59.600 --> 0:21:02.399
<v Speaker 3>two hundred to sleep on my brother Nate's couch, right like,

0:21:02.480 --> 0:21:04.280
<v Speaker 3>that's what I was paying. I had nothing to lose.

0:21:04.600 --> 0:21:06.720
<v Speaker 3>I wasn't married, I didn't have kids, I don't have

0:21:06.720 --> 0:21:09.159
<v Speaker 3>any of these things. So anything that I do is

0:21:09.280 --> 0:21:13.200
<v Speaker 3>full on business, full on risk, everything all in because

0:21:13.240 --> 0:21:15.240
<v Speaker 3>I could afford it. And what I think for young

0:21:15.280 --> 0:21:17.439
<v Speaker 3>people is never put yourself in a situation where you

0:21:17.480 --> 0:21:20.640
<v Speaker 3>make irreversible decisions. It's one of the most important principles

0:21:20.680 --> 0:21:22.960
<v Speaker 3>I learned. So from a young age, I never made

0:21:23.119 --> 0:21:26.320
<v Speaker 3>decisions or took action towards things that I could not

0:21:26.400 --> 0:21:29.760
<v Speaker 3>reverse that would fundamentally change my life path. And I

0:21:29.800 --> 0:21:32.760
<v Speaker 3>think that was my most point lesson like having kids

0:21:32.800 --> 0:21:35.399
<v Speaker 3>out of wedlock at the age of seventeen. That fucks

0:21:35.440 --> 0:21:37.719
<v Speaker 3>up your life. Yeah, okay, for some people it's an

0:21:37.720 --> 0:21:39.720
<v Speaker 3>anomaly and they end up being super successful. But for

0:21:39.720 --> 0:21:44.760
<v Speaker 3>the average individual, that's an irreversible decision. So what do

0:21:44.800 --> 0:21:46.520
<v Speaker 3>you do with that irreversible decision? You have to deal

0:21:46.520 --> 0:21:49.720
<v Speaker 3>with it. So my objective was, don't make irreversible decisions.

0:21:50.200 --> 0:21:52.880
<v Speaker 3>Make decisions that if anything happens, you can pivot from.

0:21:53.440 --> 0:21:56.800
<v Speaker 3>So low risk, high reward, low expenses. And then I

0:21:56.840 --> 0:21:59.439
<v Speaker 3>got a marketing gig, so I started doing marketing ads

0:21:59.440 --> 0:22:02.320
<v Speaker 3>for Wall Street businesses. So companies in Wall Street I

0:22:02.320 --> 0:22:04.840
<v Speaker 3>would do their ads because they weren't running Facebook ads.

0:22:05.000 --> 0:22:06.920
<v Speaker 3>So I got my first check for about one hundred

0:22:06.920 --> 0:22:09.560
<v Speaker 3>for eighty six thousand dollars for nine months of work. Wow,

0:22:10.119 --> 0:22:12.520
<v Speaker 3>running Facebook ads doubled the company's revenue. I did it

0:22:12.600 --> 0:22:15.360
<v Speaker 3>for free for two months. I would was doing outbound

0:22:15.359 --> 0:22:17.399
<v Speaker 3>because I would get DMS from them on Instagram or

0:22:17.440 --> 0:22:20.000
<v Speaker 3>LinkedIn messages like hey, like if you're interested in our

0:22:20.000 --> 0:22:22.520
<v Speaker 3>products or service, like this is shit, let me add

0:22:22.880 --> 0:22:25.520
<v Speaker 3>some ads them. Ran it for two months for free.

0:22:26.160 --> 0:22:28.399
<v Speaker 3>I called them like, hey, guys, I want a contract like,

0:22:28.440 --> 0:22:31.160
<v Speaker 3>oh no, no, I will think about it next month.

0:22:31.440 --> 0:22:34.320
<v Speaker 3>I was being nice turned off their ads the next day.

0:22:34.880 --> 0:22:36.320
<v Speaker 3>Next morning, they call me, hey, can you fly up

0:22:36.359 --> 0:22:38.560
<v Speaker 3>to New York. Yes. Yeah. They gave me my check

0:22:38.680 --> 0:22:41.359
<v Speaker 3>and I called my dad and I was like, I

0:22:41.480 --> 0:22:44.639
<v Speaker 3>made it, and he's like, bro, eight thousand, ninety thousand

0:22:44.640 --> 0:22:47.240
<v Speaker 3>dollar that's crazy. Like I'm like, yeah, but it's not enough.

0:22:47.400 --> 0:22:49.480
<v Speaker 3>But remember I was paying two hundred dollars a month

0:22:49.880 --> 0:22:52.119
<v Speaker 3>for rent, So now's US dollars and you're coming from

0:22:52.200 --> 0:22:54.840
<v Speaker 3>Argentina and it's crazy. So now I'm making this money,

0:22:55.200 --> 0:22:58.200
<v Speaker 3>and I'm like, what can I do with my advertising skills?

0:22:58.359 --> 0:23:01.160
<v Speaker 3>Because I was still nine It's this is a nine

0:23:01.160 --> 0:23:03.000
<v Speaker 3>month gig. I don't know if these guys are going

0:23:03.040 --> 0:23:04.439
<v Speaker 3>to renew. I don't know if they're going to keep

0:23:04.480 --> 0:23:08.400
<v Speaker 3>on going. Most agency work is quite laborious. These people

0:23:08.400 --> 0:23:10.480
<v Speaker 3>are calling me. I'm like, let me move this money,

0:23:10.520 --> 0:23:11.919
<v Speaker 3>let me try some other things, let me take my

0:23:11.920 --> 0:23:14.640
<v Speaker 3>Facebook aid skills. What am I going to do? E commerce?

0:23:15.280 --> 0:23:19.600
<v Speaker 3>Figure out the entire ecosystem of e commerce, drop shipping, now,

0:23:19.720 --> 0:23:22.760
<v Speaker 3>arbor charging physical products, not just digital products. We ended

0:23:22.840 --> 0:23:24.960
<v Speaker 3>up doing in the span of three years, sixteen million

0:23:25.000 --> 0:23:27.399
<v Speaker 3>in revenue, which isn't it massive numbers, but it is

0:23:27.400 --> 0:23:30.400
<v Speaker 3>for teenagers yea. And we ended up flipping and putting

0:23:30.400 --> 0:23:32.520
<v Speaker 3>all our money into crypto, which I know sounds insane,

0:23:32.840 --> 0:23:34.919
<v Speaker 3>but it only makes sense because crypto is the future.

0:23:35.320 --> 0:23:38.080
<v Speaker 3>And yeah, we rode the twenty twenty Buol run and

0:23:38.160 --> 0:23:41.360
<v Speaker 3>we forty two xd our portfolio, so quite fire.

0:23:41.560 --> 0:23:43.480
<v Speaker 1>Yeah, I love what you said. I want to break

0:23:43.480 --> 0:23:45.679
<v Speaker 1>a couple of pieces down for the listeners here. So

0:23:46.640 --> 0:23:48.680
<v Speaker 1>if you look at the world of sports, let's just

0:23:48.680 --> 0:23:51.399
<v Speaker 1>say you want to be a pro whatever baseball player

0:23:52.280 --> 0:23:55.280
<v Speaker 1>to think that, hey, I'd love it if the Dodgers

0:23:55.280 --> 0:23:57.280
<v Speaker 1>would sign me a contract, and then I'm going to

0:23:57.280 --> 0:23:59.040
<v Speaker 1>go learn how to play baseball and I'm going to

0:23:59.080 --> 0:24:01.639
<v Speaker 1>be really good baseball play for you, like no, no, no, no,

0:24:01.680 --> 0:24:03.520
<v Speaker 1>You've got to do your whole life, yes, and you

0:24:03.520 --> 0:24:05.679
<v Speaker 1>have to be good enough that they give you the contract.

0:24:05.960 --> 0:24:07.879
<v Speaker 1>So what you said was sort of like that, Like

0:24:08.080 --> 0:24:10.959
<v Speaker 1>you went and learned how to do digital marketing, You

0:24:11.000 --> 0:24:13.600
<v Speaker 1>went and learned how to build Instagram, social media, flip

0:24:13.640 --> 0:24:16.199
<v Speaker 1>those and only once you had learned those skills on

0:24:16.240 --> 0:24:18.960
<v Speaker 1>your own for free, working for free, spending your own time,

0:24:19.000 --> 0:24:21.520
<v Speaker 1>effort labor, then you got good enough to make a

0:24:21.560 --> 0:24:23.720
<v Speaker 1>little bit of money. Then you went and gave those

0:24:23.760 --> 0:24:27.040
<v Speaker 1>services to a company for free to prove your net worth.

0:24:27.080 --> 0:24:29.679
<v Speaker 1>And only once you had proved enough worth they were

0:24:29.680 --> 0:24:31.680
<v Speaker 1>willing to pay you for that, sort of like getting

0:24:31.680 --> 0:24:32.760
<v Speaker 1>a contract from the Dodgers.

0:24:33.080 --> 0:24:34.320
<v Speaker 3>But people today.

0:24:34.080 --> 0:24:36.920
<v Speaker 1>Think that they can just go, hey, will you give

0:24:36.920 --> 0:24:38.800
<v Speaker 1>me a job to do marketing for you? But you

0:24:38.960 --> 0:24:41.320
<v Speaker 1>got no marketing skills. And that goes back to the

0:24:41.400 --> 0:24:43.159
<v Speaker 1>question I had posed earlier about people not wanting to

0:24:43.160 --> 0:24:45.600
<v Speaker 1>work for free. But we play sports for free, and

0:24:45.640 --> 0:24:48.080
<v Speaker 1>so it's just this mindset shift that really holds people back.

0:24:48.200 --> 0:24:49.199
<v Speaker 1>I kind of want to highlight that.

0:24:49.560 --> 0:24:52.040
<v Speaker 3>I think to add and to finalize that point is

0:24:52.240 --> 0:24:54.320
<v Speaker 3>if you always want to make money, you have to

0:24:54.320 --> 0:24:57.520
<v Speaker 3>be irreplaceable. If you have to be irreplaceable when you

0:24:57.520 --> 0:25:00.280
<v Speaker 3>have to be in high demand. So I may sure

0:25:00.320 --> 0:25:02.040
<v Speaker 3>that I was irreplaceable. What did I do for this

0:25:02.080 --> 0:25:05.439
<v Speaker 3>online company doubled their online revenue in two months? Yeah,

0:25:05.480 --> 0:25:08.080
<v Speaker 3>so now I was irreplaceable and I was in high demand.

0:25:08.400 --> 0:25:11.000
<v Speaker 3>So now I had the leverage. And I think in

0:25:11.040 --> 0:25:15.320
<v Speaker 3>business it's all about leverage. You leverage yourself by becoming better,

0:25:15.359 --> 0:25:17.360
<v Speaker 3>and people are like, oh, well, they leverage themselves through

0:25:17.359 --> 0:25:20.359
<v Speaker 3>blackmail or through finessing. No. No, the ultimate form of

0:25:20.440 --> 0:25:24.040
<v Speaker 3>leverage is to become so undisputably good that people call

0:25:24.080 --> 0:25:24.800
<v Speaker 3>you right.

0:25:25.119 --> 0:25:27.480
<v Speaker 1>You give your services for free until they want to

0:25:27.480 --> 0:25:29.240
<v Speaker 1>pay you, until they demand to pay you.

0:25:29.960 --> 0:25:30.520
<v Speaker 3>Yeah, I love that.

0:25:30.560 --> 0:25:32.359
<v Speaker 1>Okay, So now you put all your money into crypto

0:25:32.400 --> 0:25:34.880
<v Speaker 1>because you're young and you're low risk, and you figure

0:25:34.880 --> 0:25:36.280
<v Speaker 1>you might as well bet at all. You already said

0:25:36.280 --> 0:25:37.640
<v Speaker 1>that's kind of how you grew up, and so at

0:25:37.640 --> 0:25:40.200
<v Speaker 1>this point you're still young, your expenses are still low.

0:25:40.280 --> 0:25:42.000
<v Speaker 1>Now you know how to make money, so now your

0:25:42.040 --> 0:25:44.960
<v Speaker 1>risk tolerance is higher because now you know you can

0:25:45.000 --> 0:25:46.720
<v Speaker 1>go make more money if you need to, and you

0:25:46.720 --> 0:25:47.840
<v Speaker 1>don't have the downside risk.

0:25:47.880 --> 0:25:49.280
<v Speaker 3>So now you throw it into crypto.

0:25:50.080 --> 0:25:52.600
<v Speaker 1>You time the market cycle pretty good. You forty x

0:25:52.640 --> 0:25:54.000
<v Speaker 1>forty two x your portfolio.

0:25:54.359 --> 0:25:58.240
<v Speaker 3>You crush it. Then what sell out of crypto? Rotate

0:25:58.280 --> 0:26:01.720
<v Speaker 3>the tech stocks? It only made sense. Under undervalued Meta,

0:26:01.800 --> 0:26:04.639
<v Speaker 3>undervalued Shopify, which are the only two stocks that I

0:26:04.760 --> 0:26:07.960
<v Speaker 3>truly knew because I run Facebook, guys, and I run Shopify,

0:26:08.119 --> 0:26:10.800
<v Speaker 3>So I understand the Q four reports of Facebook, and

0:26:10.840 --> 0:26:14.720
<v Speaker 3>I understand the Q four reports of Shopify undervalued Q

0:26:14.760 --> 0:26:18.520
<v Speaker 3>four they fucking rip their sales through the roof. So

0:26:18.720 --> 0:26:21.720
<v Speaker 3>in Q one reporting every single year, look at the

0:26:21.760 --> 0:26:25.600
<v Speaker 3>MetaStock every single Q one, it rips through the moon.

0:26:25.960 --> 0:26:28.320
<v Speaker 3>So I rotated out of crypto, which I felt like

0:26:28.760 --> 0:26:32.000
<v Speaker 3>it wasn't at the value that it was supposed to represent.

0:26:32.200 --> 0:26:35.639
<v Speaker 3>I think was overvalued. I rotated to undervalued assets this

0:26:35.720 --> 0:26:41.960
<v Speaker 3>case Meta, Shopify, Robinhood, Coinbase, micro strategy, and my only

0:26:41.960 --> 0:26:43.600
<v Speaker 3>one that I'm still waiting to play out, which will

0:26:43.640 --> 0:26:44.520
<v Speaker 3>play out, is PayPal.

0:26:44.720 --> 0:26:44.920
<v Speaker 2>Yeah.

0:26:44.920 --> 0:26:48.000
<v Speaker 1>I mean Facebook's sold off seventy five person which is ridiculous,

0:26:48.040 --> 0:26:50.159
<v Speaker 1>Like you think it's going to go away seventy five percent?

0:26:50.240 --> 0:26:52.000
<v Speaker 3>So like, yeah, what undervalued stock?

0:26:52.080 --> 0:26:54.120
<v Speaker 2>All right, I'm gonna take another very quick break right here.

0:26:54.240 --> 0:26:56.720
<v Speaker 1>I'm not running commercials in these so these are my commercials,

0:26:56.720 --> 0:26:58.119
<v Speaker 1>but I want to let you know I'm having this

0:26:58.160 --> 0:27:01.159
<v Speaker 1>live event so we can see is the upside in

0:27:01.200 --> 0:27:03.720
<v Speaker 1>the fed U turn that's coming and grow our investments

0:27:03.720 --> 0:27:06.320
<v Speaker 1>this year without dealing with the volatility. It is going

0:27:06.359 --> 0:27:08.879
<v Speaker 1>to be a volatile year. Things are going crazy. So

0:27:08.960 --> 0:27:10.280
<v Speaker 1>come join me. We're going to look at the data.

0:27:10.280 --> 0:27:12.239
<v Speaker 1>We're really going to charge the graphs, and I'm going

0:27:12.280 --> 0:27:13.840
<v Speaker 1>to show you what I think is going to happen.

0:27:13.840 --> 0:27:16.320
<v Speaker 1>More importantly, what we should be doing about, how we

0:27:16.359 --> 0:27:19.000
<v Speaker 1>can position ourselves, what assets we should buy, what we

0:27:19.000 --> 0:27:19.639
<v Speaker 1>should be watching.

0:27:19.680 --> 0:27:21.360
<v Speaker 2>Is so much more. Come hang out, check it out.

0:27:21.359 --> 0:27:21.960
<v Speaker 2>It's all for free.

0:27:22.040 --> 0:27:24.000
<v Speaker 1>I'm want to answer all your questions live. There's a

0:27:24.040 --> 0:27:24.879
<v Speaker 1>link down below.

0:27:25.520 --> 0:27:25.840
<v Speaker 2>Let's go.

0:27:26.280 --> 0:27:30.000
<v Speaker 1>I'm curious, So now you've cut your teeth making money,

0:27:30.119 --> 0:27:33.040
<v Speaker 1>create wealth. So you and I we actually say the

0:27:33.080 --> 0:27:37.240
<v Speaker 1>same three things, different words, but create wealth, multiply wealth, yes,

0:27:37.359 --> 0:27:41.399
<v Speaker 1>preserve wealth, and most people don't understand those three And

0:27:41.480 --> 0:27:43.160
<v Speaker 1>so your journey was creating wealth.

0:27:43.160 --> 0:27:43.639
<v Speaker 3>What can I do?

0:27:43.680 --> 0:27:47.000
<v Speaker 1>Pressure wash, basketball courts, flip pizzas. I'm creating wealth, I'm

0:27:47.000 --> 0:27:51.560
<v Speaker 1>earning wealth, flipping Instagram accounts. Creating wealth. Then you have

0:27:51.600 --> 0:27:53.440
<v Speaker 1>to go to multiply it. So then you throw into crypto,

0:27:53.480 --> 0:27:56.600
<v Speaker 1>you multiply it forty times, right, and now you have

0:27:56.640 --> 0:27:59.160
<v Speaker 1>to preserve it. I'm just curious, like how you think

0:27:59.200 --> 0:28:03.399
<v Speaker 1>about those three buckets as far as your attention and

0:28:03.480 --> 0:28:06.879
<v Speaker 1>time focused into that. So how much time do you

0:28:06.920 --> 0:28:10.600
<v Speaker 1>really think about your growing creating the wealth through businesses

0:28:11.080 --> 0:28:13.960
<v Speaker 1>versus like managing it multiplying that wealth.

0:28:14.520 --> 0:28:17.240
<v Speaker 3>So it depends. So on the business side, there's two aspects.

0:28:17.320 --> 0:28:19.760
<v Speaker 3>One is instant cash flow, so I can do a

0:28:19.800 --> 0:28:21.560
<v Speaker 3>consulting call for ten thousand.

0:28:21.600 --> 0:28:24.960
<v Speaker 1>But let's say, just like Luke bellmar so ninety percent

0:28:25.000 --> 0:28:27.080
<v Speaker 1>of my time is focused on my business and growing

0:28:27.119 --> 0:28:29.040
<v Speaker 1>my wealth, and I spent about five or ten percent

0:28:29.040 --> 0:28:30.960
<v Speaker 1>of my time with like what my money is doing

0:28:31.119 --> 0:28:33.160
<v Speaker 1>when I'm not earning it, or like what.

0:28:33.400 --> 0:28:35.840
<v Speaker 3>Yeah, So I would say the breakdown isn't like a

0:28:35.840 --> 0:28:39.560
<v Speaker 3>specific a specific breakdown of time. It's more so a

0:28:39.600 --> 0:28:44.000
<v Speaker 3>breakdown of my life patterns. So the life patterns in

0:28:44.040 --> 0:28:46.200
<v Speaker 3>the business side, it breaks down to active income, and

0:28:46.280 --> 0:28:48.440
<v Speaker 3>it breaks like what I have to work for directly

0:28:48.560 --> 0:28:51.760
<v Speaker 3>versus money that comes in. So I'll create content. Capital

0:28:51.800 --> 0:28:54.720
<v Speaker 3>glob will continue printing subscriptions. I need to create the

0:28:54.720 --> 0:28:58.360
<v Speaker 3>content regardless, so that income just comes in. I have

0:28:58.440 --> 0:29:00.960
<v Speaker 3>my entire team, I have my CEO, Steve tan I

0:29:00.960 --> 0:29:03.600
<v Speaker 3>have my entire organization. There's almost one hundred employees inside

0:29:03.640 --> 0:29:06.160
<v Speaker 3>Capitol Club that build manage that structure. I don't need

0:29:06.160 --> 0:29:07.800
<v Speaker 3>to be there every single day. I spent the last

0:29:07.800 --> 0:29:10.120
<v Speaker 3>four years building that so now it's in a place

0:29:10.120 --> 0:29:13.040
<v Speaker 3>where it consistent in itself, simply because I've created the

0:29:13.080 --> 0:29:16.040
<v Speaker 3>other vehicle of content creation. So content creation fuels this.

0:29:16.680 --> 0:29:19.640
<v Speaker 3>That's more so like my passive stream of consecutive money.

0:29:19.640 --> 0:29:22.280
<v Speaker 3>So I'm not really focused on this besides the product, right,

0:29:22.280 --> 0:29:24.120
<v Speaker 3>because if it's my vision, I need to ensure that

0:29:24.160 --> 0:29:27.520
<v Speaker 3>the product sustains itself, and I'm focused on community retaining people.

0:29:27.760 --> 0:29:29.560
<v Speaker 3>Then on the active income side, it would be like,

0:29:30.160 --> 0:29:32.360
<v Speaker 3>I don't do coaching, but if there was a coaching experience, right,

0:29:32.400 --> 0:29:34.920
<v Speaker 3>So if you do coaching, you can that's your active income.

0:29:34.960 --> 0:29:37.160
<v Speaker 3>That would be money you received right away. I don't

0:29:37.160 --> 0:29:39.080
<v Speaker 3>do a whole lot of that. I don't focus really

0:29:39.120 --> 0:29:41.360
<v Speaker 3>on instant money because I've made money. You know, once

0:29:41.400 --> 0:29:44.840
<v Speaker 3>you scratch that itch of okay, I don't no longer

0:29:44.920 --> 0:29:46.920
<v Speaker 3>need to eat. I think people need to change their

0:29:46.920 --> 0:29:49.560
<v Speaker 3>mindsets from hustler to boss. And I think people start

0:29:49.600 --> 0:29:52.720
<v Speaker 3>making millions, they don't change their mindset, right, it's the

0:29:52.760 --> 0:29:54.720
<v Speaker 3>same mindset that they had when they had nothing. You

0:29:54.720 --> 0:29:57.360
<v Speaker 3>can't have the hungry mindset when you're already full. It

0:29:57.360 --> 0:30:00.360
<v Speaker 3>makes no sense. That becomes gluttony because now when you

0:30:00.360 --> 0:30:02.200
<v Speaker 3>have a lot, you have to begin to share, right,

0:30:02.240 --> 0:30:03.760
<v Speaker 3>and if you want to scale, you need to bring

0:30:03.800 --> 0:30:06.840
<v Speaker 3>people in. So now my main focus is recruitment, right,

0:30:06.880 --> 0:30:08.800
<v Speaker 3>So now I focus on looking for talent and looking

0:30:08.840 --> 0:30:11.360
<v Speaker 3>for opportunities. So now that my main basket, my Nile River,

0:30:11.440 --> 0:30:14.800
<v Speaker 3>is being nurtured and taken care of, I'm bringing new content,

0:30:14.840 --> 0:30:18.080
<v Speaker 3>new eyeboss to build out the ecosystem. If I choose to,

0:30:18.160 --> 0:30:20.080
<v Speaker 3>I can have some sort of active income that requires

0:30:20.120 --> 0:30:22.520
<v Speaker 3>me to dedicate specific hours, but I don't necessarily like

0:30:22.560 --> 0:30:24.480
<v Speaker 3>to do that, and most of my time now is

0:30:24.520 --> 0:30:28.600
<v Speaker 3>focused on looking for new projects, business development, and recruiting

0:30:28.720 --> 0:30:31.680
<v Speaker 3>top tier talent, because if you can recruit top tier talent,

0:30:32.080 --> 0:30:33.920
<v Speaker 3>all you have to do is let them work and

0:30:33.960 --> 0:30:36.479
<v Speaker 3>get out of their fucking way. Yeah, like the recruiting talent.

0:30:36.520 --> 0:30:37.760
<v Speaker 1>We're going to talk about that, but let's just go

0:30:37.840 --> 0:30:40.240
<v Speaker 1>back to it for a minute. So I often say

0:30:40.240 --> 0:30:43.120
<v Speaker 1>that the lines between business owner and investor are very blurred.

0:30:43.440 --> 0:30:45.120
<v Speaker 1>In my career, right when I was out of high school,

0:30:45.120 --> 0:30:47.760
<v Speaker 1>I started buying bank owned properties, fixing them and flipping them,

0:30:47.920 --> 0:30:49.960
<v Speaker 1>and I did over one hundred of those properties. Was

0:30:50.000 --> 0:30:52.880
<v Speaker 1>I a real estate investor? Or? Was my business buying

0:30:52.880 --> 0:30:56.280
<v Speaker 1>and selling houses? I have one hundred grand in my

0:30:56.320 --> 0:30:58.320
<v Speaker 1>bank account. I could just go buy a bitcoin, or

0:30:58.360 --> 0:31:00.760
<v Speaker 1>I could hire a new employee to go do business

0:31:00.800 --> 0:31:03.640
<v Speaker 1>development for me. Am I investing into my business, run

0:31:03.720 --> 0:31:06.200
<v Speaker 1>my business, right, So like the lines are very blurred,

0:31:06.520 --> 0:31:08.120
<v Speaker 1>and I just want people to get an idea of

0:31:08.120 --> 0:31:09.960
<v Speaker 1>this because it's something that I see. So I talk

0:31:09.960 --> 0:31:13.120
<v Speaker 1>about investing, right, I run investment newsletters and things like that.

0:31:13.400 --> 0:31:16.280
<v Speaker 1>And the majority of people, I would say, come into

0:31:16.320 --> 0:31:19.960
<v Speaker 1>my universe and they have a thousand bucks and they

0:31:20.040 --> 0:31:21.880
<v Speaker 1>want to quit their job and be a full time investor,

0:31:22.360 --> 0:31:24.040
<v Speaker 1>and I'm just like, WHOA, Well, well that's.

0:31:23.840 --> 0:31:24.640
<v Speaker 3>Not how it works.

0:31:24.680 --> 0:31:27.440
<v Speaker 1>Like Warren Buffett still goes to work every day at

0:31:27.440 --> 0:31:30.640
<v Speaker 1>a business called Berkshire Hathaway. Ray Dalio still goes to

0:31:30.720 --> 0:31:33.360
<v Speaker 1>a business Bridgewater Capital, right, So it's like you need

0:31:33.360 --> 0:31:35.720
<v Speaker 1>to have the business and then you invest into it.

0:31:35.960 --> 0:31:37.560
<v Speaker 1>So that's why I was kind of curious what your

0:31:37.560 --> 0:31:39.760
<v Speaker 1>thoughts were on that. And so you know, I think

0:31:39.800 --> 0:31:42.520
<v Speaker 1>about and Alex Ramosi's talked about the SMP me right.

0:31:42.560 --> 0:31:44.320
<v Speaker 1>So it's like I asked my buddy the day we

0:31:44.360 --> 0:31:46.400
<v Speaker 1>were down in Mexico together over in the years, and

0:31:46.480 --> 0:31:47.760
<v Speaker 1>I said, you know, if you were going to put

0:31:47.760 --> 0:31:50.480
<v Speaker 1>one hundred thousand dollars into the SMP five hundred. You know,

0:31:50.520 --> 0:31:52.360
<v Speaker 1>the historical average over the last six years about seven

0:31:52.400 --> 0:31:54.440
<v Speaker 1>and a half percent on that you So if you

0:31:54.440 --> 0:31:56.080
<v Speaker 1>put one hundred thousand, an SMP makes seven and a

0:31:56.080 --> 0:31:57.680
<v Speaker 1>half percent. If you put one hundred thousand into your

0:31:57.680 --> 0:32:00.200
<v Speaker 1>business to hire a new business development manager, I think

0:32:00.240 --> 0:32:02.800
<v Speaker 1>they could bring you back more than seven thousand dollars.

0:32:03.360 --> 0:32:04.560
<v Speaker 1>And he said, yeah, I think so.

0:32:04.680 --> 0:32:06.960
<v Speaker 3>I'm like, so, then why don't you do it? I

0:32:07.000 --> 0:32:08.720
<v Speaker 3>guess I never thought of it. But the point because

0:32:08.720 --> 0:32:11.920
<v Speaker 3>they don't because they don't see the employees as an investment.

0:32:11.960 --> 0:32:13.840
<v Speaker 3>They only see it as a salary. And when you're

0:32:13.880 --> 0:32:17.640
<v Speaker 3>paying for an employee, you're investing into them time, energy, paycheck, attention.

0:32:17.840 --> 0:32:19.640
<v Speaker 3>So your goal isn't just for them to do the job.

0:32:19.960 --> 0:32:22.080
<v Speaker 3>My employees, dude, I sit down with them and I

0:32:22.120 --> 0:32:23.840
<v Speaker 3>tell them, this is this is how you can scale

0:32:23.920 --> 0:32:26.840
<v Speaker 3>the organization. This is how this is your growth past,

0:32:27.000 --> 0:32:28.920
<v Speaker 3>this is your growth trajectory. I sit down and I

0:32:28.920 --> 0:32:30.960
<v Speaker 3>have real conversations with them. It's like, Hey, if you

0:32:31.040 --> 0:32:33.760
<v Speaker 3>work well, this is the future that you can potentially

0:32:33.800 --> 0:32:37.680
<v Speaker 3>have within the organization. So it's not just okay, giving

0:32:37.680 --> 0:32:39.880
<v Speaker 3>them the vision of here's a paycheck, but now adding

0:32:39.920 --> 0:32:42.200
<v Speaker 3>to it, it's now they're part owners. Now they feel

0:32:42.200 --> 0:32:43.480
<v Speaker 3>like they're part of the vision. Now they feel like

0:32:43.480 --> 0:32:46.320
<v Speaker 3>they're part of the mission. And now the focus becomes

0:32:46.400 --> 0:32:48.400
<v Speaker 3>a little bit different. Yeah, and to the.

0:32:48.320 --> 0:32:51.120
<v Speaker 1>Point that you made earlier, like people they don't reinvest

0:32:51.160 --> 0:32:54.040
<v Speaker 1>back into themselves, right, So it's like they were hustling, hustling, husting.

0:32:54.080 --> 0:32:55.400
<v Speaker 1>They made the million bucks or whatever it was, a

0:32:55.400 --> 0:32:58.000
<v Speaker 1>couple hundredand whatever that number is for you, but then

0:32:58.240 --> 0:33:00.720
<v Speaker 1>you don't make the shift to then be investor in

0:33:00.720 --> 0:33:02.840
<v Speaker 1>your own business. So I make the hundred grand or

0:33:02.880 --> 0:33:04.240
<v Speaker 1>the million bucks and then I want to go put

0:33:04.280 --> 0:33:06.360
<v Speaker 1>into whatever I'm going to put it into. But then

0:33:06.400 --> 0:33:08.120
<v Speaker 1>I don't invest back into the business within the businesses

0:33:08.120 --> 0:33:11.360
<v Speaker 1>and continue to grow. Right, something like that I think

0:33:11.400 --> 0:33:14.200
<v Speaker 1>about like the mindset shift, the difference. And actually I

0:33:14.280 --> 0:33:17.160
<v Speaker 1>was with one of my one of my portfolio companies

0:33:17.160 --> 0:33:19.160
<v Speaker 1>I was coaching last night and we were talking about

0:33:19.160 --> 0:33:22.400
<v Speaker 1>this specifically and how they're going to close on the

0:33:22.400 --> 0:33:24.440
<v Speaker 1>phone sell the to the product, and I said, the

0:33:24.440 --> 0:33:26.680
<v Speaker 1>difference of a poor mindset and a rich mindset is

0:33:26.680 --> 0:33:30.240
<v Speaker 1>is a poor mindset thinks about the cost, and the

0:33:30.360 --> 0:33:34.240
<v Speaker 1>rich mindset thinks about the value. So would you buy

0:33:34.240 --> 0:33:37.520
<v Speaker 1>this used iPhone for five thousand dollars? Well, if you

0:33:37.520 --> 0:33:39.400
<v Speaker 1>do only think about how expensive it is, you wouldn't.

0:33:39.480 --> 0:33:41.040
<v Speaker 1>But if I said, but my bitcoin, while it's on

0:33:41.040 --> 0:33:42.320
<v Speaker 1>here with one hundred grand, do you want to get

0:33:42.320 --> 0:33:44.880
<v Speaker 1>me five grand now? Right? And so that's sort of

0:33:44.920 --> 0:33:46.920
<v Speaker 1>like the mindset shift that people have to go through,

0:33:46.960 --> 0:33:49.760
<v Speaker 1>like thinking about the value that I'm going to get,

0:33:50.280 --> 0:33:52.600
<v Speaker 1>not spending my time, investing my time, not spending my money,

0:33:52.640 --> 0:33:54.520
<v Speaker 1>but investing my money and not and back into the

0:33:54.520 --> 0:33:56.800
<v Speaker 1>business for that growth. So I think it's an important

0:33:56.800 --> 0:34:00.200
<v Speaker 1>point to hit really create, create, create wealth.

0:34:00.280 --> 0:34:03.080
<v Speaker 3>And it's understanding that you don't have to make money

0:34:03.080 --> 0:34:06.600
<v Speaker 3>every single day, every moment of the day to be productively.

0:34:07.280 --> 0:34:10.080
<v Speaker 3>Only a fool would plant a seed and watch it

0:34:10.160 --> 0:34:14.400
<v Speaker 3>and be angry and observe it the same day. Mother Girlmother. No,

0:34:14.800 --> 0:34:17.400
<v Speaker 3>the world has a natural process. There's an ebbs, and

0:34:17.480 --> 0:34:20.080
<v Speaker 3>there's an ebb and flow to nature. You are part

0:34:20.120 --> 0:34:22.920
<v Speaker 3>of nature. You cannot go beyond universal law. There's a

0:34:22.960 --> 0:34:25.439
<v Speaker 3>time and a season for everything. So there's a time

0:34:25.480 --> 0:34:27.200
<v Speaker 3>and a season for harvesting and there's a time and

0:34:27.200 --> 0:34:30.120
<v Speaker 3>the season for sowing, right, So when are you sewing?

0:34:30.200 --> 0:34:33.080
<v Speaker 3>If you're sewing, it'll eventually come to you. What people

0:34:33.080 --> 0:34:35.400
<v Speaker 3>don't seem to understand is the success that you enjoy

0:34:35.440 --> 0:34:39.120
<v Speaker 3>today isn't from today's actions. It's from the accumulation of

0:34:39.200 --> 0:34:41.600
<v Speaker 3>all the past seeds. And then people end up losing

0:34:41.640 --> 0:34:43.600
<v Speaker 3>in the future. Yeah, that's because you slacked off today

0:34:43.760 --> 0:34:46.520
<v Speaker 3>because you're focused on the rewards from the past, thinking

0:34:46.560 --> 0:34:48.879
<v Speaker 3>that you're eating them and indulging on them today, when

0:34:48.920 --> 0:34:51.200
<v Speaker 3>in fact, you're just indulging from past performance. And if

0:34:51.239 --> 0:34:53.960
<v Speaker 3>you leave illness in the present moment, your future is

0:34:53.960 --> 0:34:56.800
<v Speaker 3>going to get fucked. So it's like, how can you continue?

0:34:56.800 --> 0:35:00.279
<v Speaker 3>And that's that's the supertrap, Right. You start accumulating wealth,

0:35:00.320 --> 0:35:03.080
<v Speaker 3>you start making money, and you start slowing down, slowing down,

0:35:03.200 --> 0:35:06.799
<v Speaker 3>slowing down, slowing down, slowing down, because your attachment and

0:35:06.840 --> 0:35:11.560
<v Speaker 3>your value and your perspective of what it means to

0:35:11.600 --> 0:35:14.560
<v Speaker 3>be high performance or productive is attached to dollars. But

0:35:14.640 --> 0:35:17.600
<v Speaker 3>there's so many things in life that transcend dollars that

0:35:17.640 --> 0:35:20.720
<v Speaker 3>you can focus on your health, your nutrition, your family.

0:35:20.760 --> 0:35:23.479
<v Speaker 3>I was speaking to a guy that had done over

0:35:23.520 --> 0:35:26.279
<v Speaker 3>a billion dollars in real estate. Real estate sales made

0:35:26.320 --> 0:35:28.000
<v Speaker 3>a fuck ton of money in commercial real estate. And

0:35:28.040 --> 0:35:30.400
<v Speaker 3>he said, I spent twenty years getting good at business.

0:35:30.760 --> 0:35:32.640
<v Speaker 3>Now I need to spend the next twenty years learning

0:35:32.640 --> 0:35:34.600
<v Speaker 3>how to become a good father. So it's like his

0:35:34.719 --> 0:35:37.840
<v Speaker 3>focus changed completely because you realize that to become a

0:35:37.880 --> 0:35:41.400
<v Speaker 3>complete man, to become a full successful individual, there were

0:35:41.440 --> 0:35:43.640
<v Speaker 3>other areas that he had to work on and spend time,

0:35:43.760 --> 0:35:47.080
<v Speaker 3>energy and attention that weren't going to yield necessarily net dollars,

0:35:47.560 --> 0:35:49.680
<v Speaker 3>but that were still part of his development and his process,

0:35:49.719 --> 0:35:51.160
<v Speaker 3>and that was yet productive. Yeah.

0:35:51.560 --> 0:35:53.600
<v Speaker 1>Yeah, most personal development would tell you there's at least

0:35:53.640 --> 0:35:55.759
<v Speaker 1>three and usually four categories of your life that you

0:35:55.840 --> 0:35:59.040
<v Speaker 1>need to work on, and that would be like health, wealth,

0:35:59.280 --> 0:36:02.359
<v Speaker 1>your business, then be your relationships, and then the third

0:36:02.440 --> 0:36:03.840
<v Speaker 1>fourth one that people their own and be like your

0:36:03.880 --> 0:36:06.760
<v Speaker 1>own spirituality, like where you're at with that, and really,

0:36:06.800 --> 0:36:10.040
<v Speaker 1>if all four, three or four aren't worked on together,

0:36:10.120 --> 0:36:12.920
<v Speaker 1>then they hold you back. So for example, I'm really

0:36:12.960 --> 0:36:15.239
<v Speaker 1>good with making money and I spend a lot of

0:36:15.280 --> 0:36:17.160
<v Speaker 1>time with my family, but I'm three hundred pounds and

0:36:17.200 --> 0:36:18.920
<v Speaker 1>I'm sick and I'm tired, So then I don't have

0:36:18.960 --> 0:36:21.719
<v Speaker 1>the mental clarity or the energy to do as well

0:36:21.760 --> 0:36:23.880
<v Speaker 1>in business or with my family as I could. So

0:36:24.040 --> 0:36:25.960
<v Speaker 1>if I got my health up, then my business and

0:36:26.000 --> 0:36:28.719
<v Speaker 1>health would grow. If I'm really healthy, I'm in the

0:36:28.719 --> 0:36:29.960
<v Speaker 1>gym all the time when I make a bunch of money,

0:36:29.960 --> 0:36:32.040
<v Speaker 1>but my relationships are crap. That holds me back because

0:36:32.080 --> 0:36:34.239
<v Speaker 1>I don't have that support network behind me. Yes, and

0:36:34.280 --> 0:36:36.359
<v Speaker 1>so really you want to keep all of those going

0:36:36.360 --> 0:36:37.960
<v Speaker 1>together and they multiply each other.

0:36:38.160 --> 0:36:41.920
<v Speaker 3>Leonardo da Vinci famously said to develop a complete mind,

0:36:42.560 --> 0:36:46.120
<v Speaker 3>study the science of art, and study the art of science.

0:36:46.840 --> 0:36:50.919
<v Speaker 3>Learn how to see. Realize that everything connects to everything else.

0:36:51.320 --> 0:36:53.719
<v Speaker 3>Then he continues to say, He says, God will sell

0:36:53.760 --> 0:36:56.919
<v Speaker 3>you all things at the price of work. God will

0:36:56.920 --> 0:36:59.080
<v Speaker 3>sell you all things at the price of labor. So

0:36:59.480 --> 0:37:02.120
<v Speaker 3>first to understand that everything connects to everything else. So

0:37:02.280 --> 0:37:04.239
<v Speaker 3>how you treat your wife, how you treat your kids,

0:37:04.280 --> 0:37:06.040
<v Speaker 3>it's going to it. It's going to reflect how you

0:37:06.080 --> 0:37:09.640
<v Speaker 3>treat your employees, how you treat the waitress, how you

0:37:09.800 --> 0:37:12.279
<v Speaker 3>treat in business, or how you're loyal in business. It's

0:37:12.320 --> 0:37:14.799
<v Speaker 3>going to be a reflection as to everything else that

0:37:14.840 --> 0:37:16.759
<v Speaker 3>you do. So to develop a complete mind, is to

0:37:16.840 --> 0:37:20.239
<v Speaker 3>understand everything is in unison, everything is in harmony, and

0:37:20.280 --> 0:37:22.359
<v Speaker 3>to not be in harmony in one area is to

0:37:22.360 --> 0:37:25.719
<v Speaker 3>be dysfunctional in everything. It's like having a toothache being

0:37:25.800 --> 0:37:30.319
<v Speaker 3>ripped six pack tan fucking great physique, but you have

0:37:30.320 --> 0:37:34.040
<v Speaker 3>a toothache. Yeah, everything is miserable. So unless you develop

0:37:34.040 --> 0:37:36.640
<v Speaker 3>a complete mind and full focus and understand that God

0:37:36.680 --> 0:37:38.640
<v Speaker 3>will give you anything, but you have to work for it.

0:37:38.880 --> 0:37:41.200
<v Speaker 3>You have to You have to exchange and transmute this

0:37:41.360 --> 0:37:44.800
<v Speaker 3>energy and this life power and this life will into creating,

0:37:44.880 --> 0:37:47.839
<v Speaker 3>materializing something to you into the universe, into the physical world.

0:37:48.120 --> 0:37:50.080
<v Speaker 3>It's going to take labor, but you have to do

0:37:50.120 --> 0:37:53.040
<v Speaker 3>it with unison and completion. If not, you're not going

0:37:53.080 --> 0:37:55.279
<v Speaker 3>to win. Yeah, I love that. I've never heard that quote.

0:37:55.280 --> 0:37:56.480
<v Speaker 3>I wrote it down. I'm gonna go look it up.

0:37:56.520 --> 0:37:59.520
<v Speaker 1>But I talk about everything has a cost to the

0:37:59.760 --> 0:38:03.440
<v Speaker 1>point that you're making and everything you can sell a

0:38:03.719 --> 0:38:05.560
<v Speaker 1>God will sell you everything at the price of your work.

0:38:05.800 --> 0:38:08.000
<v Speaker 1>So the cost to get what you want is going

0:38:08.080 --> 0:38:11.040
<v Speaker 1>to be your time, typically, your time, your labor, you

0:38:11.040 --> 0:38:13.600
<v Speaker 1>after energy, things like that. And you could say, well,

0:38:13.640 --> 0:38:15.120
<v Speaker 1>the cost to getting in shape is I have to

0:38:15.200 --> 0:38:16.319
<v Speaker 1>join the gym, and I have to go to the gym.

0:38:16.320 --> 0:38:18.719
<v Speaker 1>I have to dedicate time and attention to that. But

0:38:18.840 --> 0:38:23.160
<v Speaker 1>also there's a saying that says, either either you sacrifice

0:38:23.520 --> 0:38:26.120
<v Speaker 1>things today to get what you want, or those things

0:38:26.160 --> 0:38:28.480
<v Speaker 1>become the sacrifice. Yes, so one way or another, it's

0:38:28.480 --> 0:38:30.000
<v Speaker 1>going to it's either going to cost you my time

0:38:30.040 --> 0:38:31.720
<v Speaker 1>today or is going to cost my future dream.

0:38:32.080 --> 0:38:35.280
<v Speaker 3>And that principle of God will sell you all things

0:38:35.360 --> 0:38:39.680
<v Speaker 3>at the price of labor led me to the belief.

0:38:40.280 --> 0:38:42.800
<v Speaker 3>Excuse me, led me to not the belief because belief

0:38:43.200 --> 0:38:46.040
<v Speaker 3>entails religion or a system that you can't see. It

0:38:46.080 --> 0:38:49.880
<v Speaker 3>made me realize the power of bitcoin. Why now, this

0:38:50.040 --> 0:38:53.560
<v Speaker 3>is a complete flip. But when God sells you all

0:38:53.600 --> 0:38:56.880
<v Speaker 3>things at the price of labor, labor represents energy input.

0:38:57.280 --> 0:38:59.680
<v Speaker 3>So the system, the machine that we talk about this

0:39:00.200 --> 0:39:02.520
<v Speaker 3>if you're born year two hundred and the slavery machine,

0:39:02.520 --> 0:39:04.319
<v Speaker 3>you don't know what being free or using your own

0:39:04.360 --> 0:39:07.000
<v Speaker 3>autonomous energy to create things for yourself looks like. So

0:39:07.120 --> 0:39:11.920
<v Speaker 3>now you're in a situation whereby you're using your energy

0:39:12.000 --> 0:39:15.040
<v Speaker 3>to create things that don't belong to you. So, for example,

0:39:15.280 --> 0:39:17.279
<v Speaker 3>you have this money that's printed out of thin air.

0:39:17.440 --> 0:39:22.120
<v Speaker 3>There is no energy input that's sustaining the US dollar.

0:39:22.200 --> 0:39:25.920
<v Speaker 3>How many people we printed six trillion dollars who worked?

0:39:26.040 --> 0:39:29.240
<v Speaker 3>What type of energy was input to print that money? None? None,

0:39:29.400 --> 0:39:31.839
<v Speaker 3>But what about the money right that was printed through

0:39:31.920 --> 0:39:34.799
<v Speaker 3>energy that becomes devalued. The money doesn't become devalued. What

0:39:34.840 --> 0:39:39.160
<v Speaker 3>becomes devalued your energy. Your energy that you've put in

0:39:39.320 --> 0:39:44.000
<v Speaker 3>dollars as a value of energy now is being slowly

0:39:44.040 --> 0:39:47.839
<v Speaker 3>trickled and depleted. So what happens. God can't sell you

0:39:47.960 --> 0:39:50.120
<v Speaker 3>all the things at the cost of labor if you're

0:39:50.160 --> 0:39:53.600
<v Speaker 3>in the FIAT system because the energy right, well, whatever

0:39:53.640 --> 0:39:56.040
<v Speaker 3>God wants to pay you is slowly being taxed or

0:39:56.120 --> 0:40:01.080
<v Speaker 3>slowly being filtered out. So that led me to if

0:40:01.080 --> 0:40:03.239
<v Speaker 3>I'm going to get anything in life at the cost

0:40:03.280 --> 0:40:06.319
<v Speaker 3>of my life force energy. So I need to take

0:40:06.360 --> 0:40:09.879
<v Speaker 3>my life, my energy and materialize it into something. Whatever

0:40:09.920 --> 0:40:12.360
<v Speaker 3>I materialize it into has to be able to sustain

0:40:12.440 --> 0:40:15.520
<v Speaker 3>its energy and has to be able to sustain It's

0:40:16.560 --> 0:40:19.000
<v Speaker 3>if you pay me ten thousand dollars today for a

0:40:19.040 --> 0:40:22.080
<v Speaker 3>phone call or a consultation call, and I put it

0:40:22.120 --> 0:40:24.840
<v Speaker 3>in the bank today, I would be able to redeem

0:40:24.840 --> 0:40:28.360
<v Speaker 3>that ten thousand dollars for something completely different than what

0:40:28.400 --> 0:40:30.120
<v Speaker 3>I would be able to redeem that ten thousand dollars

0:40:30.160 --> 0:40:32.440
<v Speaker 3>in ten years if it was Inia, if it was

0:40:32.440 --> 0:40:35.919
<v Speaker 3>in fiat. So it's not that my money's worthless, it's

0:40:35.920 --> 0:40:38.640
<v Speaker 3>that my energy's worthless because my energy can now no

0:40:38.960 --> 0:40:41.000
<v Speaker 3>longer purchase what it used to. So that led me

0:40:41.040 --> 0:40:45.320
<v Speaker 3>to believe to find something that requires energy for existence.

0:40:46.040 --> 0:40:52.000
<v Speaker 3>Bitcoin requires literal physical energy input for existence. So what

0:40:52.040 --> 0:40:55.520
<v Speaker 3>you're buying from bitcoin, you're not buying bitcoin. What you're

0:40:55.520 --> 0:40:59.960
<v Speaker 3>buying is an immutable storage of perfect energy.

0:41:01.080 --> 0:41:02.840
<v Speaker 1>I love that, and we talk about that on a

0:41:02.880 --> 0:41:04.799
<v Speaker 1>philosophical level a lot which a lot of people think

0:41:04.880 --> 0:41:06.200
<v Speaker 1>is not on new new stuff and we don't need

0:41:06.200 --> 0:41:07.399
<v Speaker 1>to pay attention to it. But if you don't really

0:41:07.480 --> 0:41:09.879
<v Speaker 1>understand this, then you don't understand the whole key behind life.

0:41:09.920 --> 0:41:12.680
<v Speaker 1>And so the law of energy is that energy cannot

0:41:12.719 --> 0:41:17.440
<v Speaker 1>be created, it can only be transferred. Yes, so we

0:41:17.480 --> 0:41:21.759
<v Speaker 1>have food which gives me calories. Calories are measures measurements

0:41:21.760 --> 0:41:24.960
<v Speaker 1>of energy, and then I expend those calories by thinking,

0:41:25.000 --> 0:41:28.400
<v Speaker 1>by working, by doing so, I'm spending my energy my life,

0:41:28.840 --> 0:41:31.400
<v Speaker 1>if you will. And then let's say that I'm working

0:41:31.440 --> 0:41:34.239
<v Speaker 1>for four hours to earn enough to live for that day.

0:41:34.400 --> 0:41:35.879
<v Speaker 1>But then one day I decide to work in extra

0:41:35.920 --> 0:41:38.160
<v Speaker 1>four hours, Well, then I want to save that extra

0:41:38.320 --> 0:41:41.480
<v Speaker 1>energy in something that I could then choose to spend

0:41:41.480 --> 0:41:42.320
<v Speaker 1>tomorrow so I don't.

0:41:42.120 --> 0:41:44.240
<v Speaker 3>Have to work. And then the goal so that's sort.

0:41:44.080 --> 0:41:46.920
<v Speaker 1>Of like your life battery, if you will, right, and

0:41:47.200 --> 0:41:49.400
<v Speaker 1>the goal is that that battery holds its charge. You

0:41:49.440 --> 0:41:51.359
<v Speaker 1>don't want that to lose power. But to your point,

0:41:51.360 --> 0:41:54.040
<v Speaker 1>the FIAT system is like a battery. That's like if

0:41:54.080 --> 0:41:56.480
<v Speaker 1>you've ever gone like up in the mountains where it's cold,

0:41:56.560 --> 0:41:58.600
<v Speaker 1>like your batteries they die real quickly, right, So, like

0:41:58.760 --> 0:42:01.200
<v Speaker 1>you have this battery that's losing and Bitcoin is a

0:42:01.200 --> 0:42:03.760
<v Speaker 1>different type of battery that can hold that energy, and.

0:42:03.840 --> 0:42:06.040
<v Speaker 3>It's your life. It's like literally your life.

0:42:06.080 --> 0:42:07.560
<v Speaker 1>As a matter of fact, I just put out a

0:42:07.600 --> 0:42:09.440
<v Speaker 1>tweet a couple of days ago now to got my

0:42:09.440 --> 0:42:15.640
<v Speaker 1>Twitter account back talking about inflation increased the cost by

0:42:16.600 --> 0:42:20.319
<v Speaker 1>thirty two thousand dollars. So for the average worker at

0:42:20.320 --> 0:42:22.200
<v Speaker 1>thirty two dollars an hour, which is the medium pay,

0:42:22.680 --> 0:42:26.440
<v Speaker 1>it was taking them about three hundred extra hours per

0:42:26.560 --> 0:42:29.359
<v Speaker 1>year to have the same quality of life that they

0:42:29.360 --> 0:42:33.480
<v Speaker 1>had the year before. So three hundred hours per year

0:42:33.520 --> 0:42:35.799
<v Speaker 1>of your life. That's your life that you could be

0:42:36.320 --> 0:42:38.760
<v Speaker 1>in the gym, getting in shape with your kids, teaching

0:42:38.760 --> 0:42:41.640
<v Speaker 1>them lessons, with your wife, building your relationship. Three hundred

0:42:41.680 --> 0:42:43.120
<v Speaker 1>hours of your life.

0:42:43.040 --> 0:42:47.080
<v Speaker 3>Your energy expended for the same thing that was last year. Yeah,

0:42:47.120 --> 0:42:49.960
<v Speaker 3>And what I came to realize is we were talking

0:42:49.960 --> 0:42:52.640
<v Speaker 3>about going back to the creating part, multiplying and preserving

0:42:52.680 --> 0:42:57.920
<v Speaker 3>of wealth, the multiplication factor. People need to realize I

0:42:58.000 --> 0:43:01.680
<v Speaker 3>need to stop expending my time, time and my energy

0:43:01.800 --> 0:43:07.160
<v Speaker 3>four dollars. That's the process of building gardens or ecosystems

0:43:07.160 --> 0:43:11.000
<v Speaker 3>where money works and makes itself. Is it no longer

0:43:11.120 --> 0:43:15.080
<v Speaker 3>requires time and energy to make it. If we go

0:43:15.120 --> 0:43:17.040
<v Speaker 3>into the Louisvitton story and I go with somebody that

0:43:17.080 --> 0:43:19.279
<v Speaker 3>makes one thousand dollars a month, they're going to look

0:43:19.280 --> 0:43:22.080
<v Speaker 3>at a Louis Vuitton wallet that's worth five hundred dollars

0:43:22.160 --> 0:43:24.840
<v Speaker 3>differently than me because to me, five hundred dollars it

0:43:24.840 --> 0:43:27.319
<v Speaker 3>didn't require any time, energy or intention for me to

0:43:27.320 --> 0:43:30.520
<v Speaker 3>make it. This person it required three weeks of time

0:43:30.640 --> 0:43:32.680
<v Speaker 3>and or two weeks of time, energy and attention. So

0:43:32.719 --> 0:43:35.880
<v Speaker 3>they'll value the wallet in direct proportion to the amount

0:43:35.920 --> 0:43:38.080
<v Speaker 3>of effort and labor that it took them to produce

0:43:38.320 --> 0:43:41.840
<v Speaker 3>what the necessary energy to purchase that wallet. So now

0:43:41.920 --> 0:43:44.760
<v Speaker 3>I'm no longer in the premise of is this cheaper

0:43:44.760 --> 0:43:49.279
<v Speaker 3>as it's expensive? How much energy and life span and

0:43:49.320 --> 0:43:51.400
<v Speaker 3>time did it take me to acquire that thing? Because

0:43:51.440 --> 0:43:54.480
<v Speaker 3>you don't buy things in life, hear me, clearly, you

0:43:54.480 --> 0:43:57.279
<v Speaker 3>don't buy things in life with money. You buy things

0:43:57.280 --> 0:44:00.200
<v Speaker 3>in life with the time that it takes you to

0:44:00.320 --> 0:44:03.600
<v Speaker 3>make that money. So the objective of multiplying your wealth

0:44:03.680 --> 0:44:05.600
<v Speaker 3>is to be in a situation where you no longer

0:44:05.640 --> 0:44:08.040
<v Speaker 3>work for money, but you work towards creating systems that

0:44:08.120 --> 0:44:10.560
<v Speaker 3>create money, giving you the freedom so that you can

0:44:10.640 --> 0:44:13.040
<v Speaker 3>use your energy to do what you want in life.

0:44:13.280 --> 0:44:15.799
<v Speaker 1>Yeah, let me ask you about this. If you think

0:44:15.840 --> 0:44:20.040
<v Speaker 1>about money, I say that we don't want money. Nobody

0:44:20.040 --> 0:44:22.160
<v Speaker 1>wants money. What we want is the goods and services

0:44:22.160 --> 0:44:24.480
<v Speaker 1>that money buys us. But if you think about money,

0:44:24.520 --> 0:44:27.520
<v Speaker 1>for example, it's like an exchange of value. It represents

0:44:27.600 --> 0:44:31.040
<v Speaker 1>value exchange. So I could say, hey, Luke, let me

0:44:31.040 --> 0:44:32.640
<v Speaker 1>come over to your house and help you move this weekend,

0:44:32.719 --> 0:44:34.120
<v Speaker 1>or hey, let me come build a fence for you,

0:44:34.200 --> 0:44:35.600
<v Speaker 1>or let me paint your house, or let me build

0:44:35.600 --> 0:44:36.279
<v Speaker 1>a website for you.

0:44:36.600 --> 0:44:38.240
<v Speaker 3>If I, as a friend were.

0:44:38.080 --> 0:44:40.080
<v Speaker 1>To say, hey, I'm going to help you move this weekend,

0:44:40.360 --> 0:44:42.279
<v Speaker 1>then I would have built goodwill with you, and you

0:44:42.280 --> 0:44:43.799
<v Speaker 1>would sort of owe me a favor back.

0:44:43.960 --> 0:44:45.320
<v Speaker 3>Right, We're not going to write.

0:44:45.120 --> 0:44:46.880
<v Speaker 1>It on paper, but like maybe you would help me

0:44:46.920 --> 0:44:50.560
<v Speaker 1>do something a social credit a social credit, right, So

0:44:50.600 --> 0:44:54.120
<v Speaker 1>then really by me providing you value, it's sort of

0:44:54.160 --> 0:44:56.560
<v Speaker 1>like a favor, and now you give me an iowe

0:44:56.600 --> 0:44:59.080
<v Speaker 1>you that you owe me a favor some value in

0:44:59.080 --> 0:45:03.000
<v Speaker 1>the future. But that's like a barter system. So if

0:45:03.040 --> 0:45:05.680
<v Speaker 1>we want to scale past the barter system, then we

0:45:05.719 --> 0:45:08.479
<v Speaker 1>need something a sort of io you that I could

0:45:08.480 --> 0:45:10.920
<v Speaker 1>go to give somebody else. So the dollar sort of

0:45:11.000 --> 0:45:14.440
<v Speaker 1>represents an IOU. So I've built you a fence, I

0:45:14.520 --> 0:45:18.200
<v Speaker 1>helped you move. You give me an IOU that's recognizable.

0:45:18.200 --> 0:45:20.920
<v Speaker 1>It's a medium exchange to get other favors from other people. Yes,

0:45:21.160 --> 0:45:23.840
<v Speaker 1>And if you think about that philosophically, then I'm going

0:45:23.920 --> 0:45:26.239
<v Speaker 1>to say something people don't like to hear, and that

0:45:26.400 --> 0:45:31.680
<v Speaker 1>means that if you're broke, you're kind of selfish. How

0:45:31.719 --> 0:45:33.680
<v Speaker 1>much good will have you put into the world? How

0:45:33.680 --> 0:45:37.080
<v Speaker 1>many iou slips are you sitting on in that barter environment.

0:45:37.360 --> 0:45:39.040
<v Speaker 1>If I helped you move, and you move and you move,

0:45:39.080 --> 0:45:40.480
<v Speaker 1>and I built you offense and your website, and I

0:45:40.520 --> 0:45:43.919
<v Speaker 1>collected all these favor iou statements, the person that had

0:45:43.920 --> 0:45:45.960
<v Speaker 1>the most amount of favor IOUs you would say, Man,

0:45:46.040 --> 0:45:47.319
<v Speaker 1>that guy's really generous.

0:45:47.040 --> 0:45:49.360
<v Speaker 3>Because you get paid in proportion to the value that

0:45:49.400 --> 0:45:52.799
<v Speaker 3>you provide. Bing No, And the thing is the marketplace

0:45:53.040 --> 0:45:54.640
<v Speaker 3>will pay you in proportion to that. So if you

0:45:54.640 --> 0:45:56.719
<v Speaker 3>have no value to provide, it's either you don't know

0:45:56.760 --> 0:45:58.680
<v Speaker 3>how to provide value, or nobody can see the value

0:45:58.760 --> 0:46:01.600
<v Speaker 3>you can provide because either you don't showcase or it's

0:46:01.640 --> 0:46:03.120
<v Speaker 3>just not there. I agree fully.

0:46:03.360 --> 0:46:05.040
<v Speaker 1>Yeah, it's an interesting way to look at it when

0:46:05.080 --> 0:46:07.160
<v Speaker 1>you look at it from a philosophical angle. Let's talk

0:46:07.160 --> 0:46:09.759
<v Speaker 1>about it now from like a more of a we'll

0:46:09.760 --> 0:46:11.399
<v Speaker 1>stay on the philosophical but let's look at it from

0:46:11.400 --> 0:46:14.080
<v Speaker 1>like a freedom angle. Now. I've often said many times,

0:46:14.080 --> 0:46:18.240
<v Speaker 1>and I strongly believe that there is no freedom without

0:46:18.280 --> 0:46:21.080
<v Speaker 1>the freedom to transact. And really it starts with the

0:46:21.080 --> 0:46:24.359
<v Speaker 1>freedom of private property. So back to me being able

0:46:24.400 --> 0:46:27.359
<v Speaker 1>to store my value, store my energy. That's my first

0:46:27.360 --> 0:46:29.680
<v Speaker 1>form of private property. Do I store it in dollars

0:46:29.760 --> 0:46:31.320
<v Speaker 1>or bitcoin or gold, or do I store it in

0:46:31.400 --> 0:46:34.440
<v Speaker 1>a ranch with cows. However I decide I want to

0:46:34.440 --> 0:46:36.760
<v Speaker 1>store that. That's my life battery. So that's my property.

0:46:36.800 --> 0:46:38.480
<v Speaker 1>And if you take that cow for me, or take

0:46:38.560 --> 0:46:41.440
<v Speaker 1>my money from me, that's my life, you're literally stealing it.

0:46:41.960 --> 0:46:44.000
<v Speaker 1>But then the freedom starts with being able to control

0:46:44.000 --> 0:46:45.879
<v Speaker 1>the private property, but then more important to be able

0:46:45.920 --> 0:46:49.920
<v Speaker 1>to transact. And so we see today that the governments

0:46:49.960 --> 0:46:52.400
<v Speaker 1>of the world want to continue to impede that ability

0:46:52.400 --> 0:46:55.560
<v Speaker 1>for us to transact freely. And I'm curious your point

0:46:56.200 --> 0:47:00.480
<v Speaker 1>or your point of view coming from Argentina. So Argentina

0:47:00.520 --> 0:47:03.880
<v Speaker 1>is sort of the textbook example today of sort of

0:47:03.880 --> 0:47:07.239
<v Speaker 1>society breaking down and hyper inflation where people couldn't even

0:47:07.280 --> 0:47:10.239
<v Speaker 1>hold their money anymore. And as I was with you

0:47:10.320 --> 0:47:12.960
<v Speaker 1>and your team in Spain last year, I was told

0:47:12.960 --> 0:47:14.480
<v Speaker 1>that I wasn't really aware of this, like you're not

0:47:14.560 --> 0:47:16.760
<v Speaker 1>even allowed to spend much of your money.

0:47:16.800 --> 0:47:18.960
<v Speaker 3>So I think you're not even allowed to spend dollar.

0:47:19.040 --> 0:47:20.920
<v Speaker 3>You have X amount of dollars that you can withdraw

0:47:21.080 --> 0:47:22.480
<v Speaker 3>per month, but I.

0:47:22.520 --> 0:47:25.239
<v Speaker 1>Think maybe I mean from your team said like you

0:47:25.280 --> 0:47:27.399
<v Speaker 1>couldn't even spend more than three hundred dollars a month

0:47:27.400 --> 0:47:31.120
<v Speaker 1>on your credit card couldn't because or they would exchange

0:47:31.120 --> 0:47:32.800
<v Speaker 1>at a very high rate seven hundred to one or

0:47:32.840 --> 0:47:35.160
<v Speaker 1>something like that. Right, so like they wouldn't even allow

0:47:35.239 --> 0:47:37.759
<v Speaker 1>you to spend your own one, well, they wouldn't allow

0:47:37.800 --> 0:47:39.759
<v Speaker 1>to spend your money. Capital controls lock you in and

0:47:39.800 --> 0:47:41.360
<v Speaker 1>then they would just continue to steal from you.

0:47:41.920 --> 0:47:45.480
<v Speaker 3>And the crazy part is people need to understand that

0:47:45.560 --> 0:47:50.200
<v Speaker 3>the money system isn't just just an accounting system. It's

0:47:50.680 --> 0:47:54.720
<v Speaker 3>a tool of power. So when when the coinage was created,

0:47:54.719 --> 0:47:59.839
<v Speaker 3>for example, seven hundred year seven hundred around the BC

0:48:00.000 --> 0:48:02.759
<v Speaker 3>seven hundred, I think it was in Turkey, that was

0:48:02.800 --> 0:48:05.200
<v Speaker 3>the first introduction of the coin. Right, so coin just

0:48:05.239 --> 0:48:08.520
<v Speaker 3>like bitcoin, it's not money, it's technology. It's technology of

0:48:08.520 --> 0:48:11.239
<v Speaker 3>what the ripmittants of value. That's all it is. So

0:48:11.320 --> 0:48:14.200
<v Speaker 3>the coin was the standardized remittance of value from A

0:48:14.400 --> 0:48:17.200
<v Speaker 3>to b. I could actually move it. How do you

0:48:17.239 --> 0:48:20.120
<v Speaker 3>make a cow divisible? If I want to sell you

0:48:20.160 --> 0:48:22.760
<v Speaker 3>a ranch and it's going to cost me nineteen point

0:48:22.800 --> 0:48:25.080
<v Speaker 3>five cows, it makes no sense because now I have

0:48:25.080 --> 0:48:27.840
<v Speaker 3>a cow that's worthless. So it's no scalability in that

0:48:27.960 --> 0:48:30.440
<v Speaker 3>in that idea. So now I have money, and as

0:48:30.440 --> 0:48:32.400
<v Speaker 3>soon as money came into the in the side of

0:48:32.440 --> 0:48:36.799
<v Speaker 3>like coinage, you begin to sell see barons, kings, people

0:48:36.880 --> 0:48:39.759
<v Speaker 3>that could actually hold currency and had some sort of

0:48:42.760 --> 0:48:44.279
<v Speaker 3>In this case, back in the day it would be

0:48:44.400 --> 0:48:48.200
<v Speaker 3>army that could sustain their sovereignty. You would do quite

0:48:48.239 --> 0:48:51.520
<v Speaker 3>well with coinage. The issue with coins is that they

0:48:51.560 --> 0:48:56.279
<v Speaker 3>began to get debased, so they introduced metals that would

0:48:56.280 --> 0:48:58.640
<v Speaker 3>debase the currency. So for example Rome, Let's say they

0:48:58.680 --> 0:49:01.359
<v Speaker 3>conquered the entire known world and they had no more

0:49:01.560 --> 0:49:04.920
<v Speaker 3>kingdoms to conquer, therefore no more gold production, therefore no

0:49:05.000 --> 0:49:07.440
<v Speaker 3>more economic growth, so they had to debase the currency.

0:49:07.760 --> 0:49:10.720
<v Speaker 3>The issue with that is that now you no longer

0:49:10.760 --> 0:49:13.320
<v Speaker 3>know what's legit, you no longer know what's false. Remember

0:49:13.360 --> 0:49:15.879
<v Speaker 3>how there's this verse in the Bible says that God

0:49:15.920 --> 0:49:19.719
<v Speaker 3>abhors the misbalancing of weights because back in the day

0:49:19.760 --> 0:49:21.879
<v Speaker 3>gold wasn't measured by units, it was measured by weight,

0:49:22.360 --> 0:49:25.600
<v Speaker 3>so everything had to have a fair balance. Now we

0:49:25.680 --> 0:49:28.840
<v Speaker 3>have the introduction of the fiat system, which was initially

0:49:28.960 --> 0:49:32.680
<v Speaker 3>a physical representation of the gold. Who's in iou exactly?

0:49:33.120 --> 0:49:37.040
<v Speaker 3>Now that io, you got overprinted? Bullshit? Now the government

0:49:37.080 --> 0:49:41.360
<v Speaker 3>got into bed with this entire scam, i e. The

0:49:41.400 --> 0:49:44.480
<v Speaker 3>introduction of bitcoin, which goes back to the bartering system,

0:49:44.960 --> 0:49:49.960
<v Speaker 3>but with the technological advancement of no middleman necessary. What

0:49:50.040 --> 0:49:55.239
<v Speaker 3>happens in society, especially with governments, is the new technological

0:49:55.239 --> 0:50:00.480
<v Speaker 3>advancement produces a temporary period of time of sovereignty. So

0:50:00.520 --> 0:50:04.600
<v Speaker 3>when coinage came, new barons rose, new sheikhs rose, new

0:50:04.640 --> 0:50:08.480
<v Speaker 3>czars came into power, new money. Same thing happened with

0:50:08.520 --> 0:50:11.319
<v Speaker 3>the radio. As soon as the radio was introduced into

0:50:11.320 --> 0:50:15.400
<v Speaker 3>the house. One of the big criterias for the government

0:50:15.440 --> 0:50:18.320
<v Speaker 3>to control every single outlet on the news, which was

0:50:18.360 --> 0:50:22.279
<v Speaker 3>the source of technological transformation the radio. As soon as

0:50:22.280 --> 0:50:24.480
<v Speaker 3>the Internet came, we had a few years of what

0:50:24.560 --> 0:50:27.239
<v Speaker 3>Internet freedom where people could look up information, see all

0:50:27.239 --> 0:50:30.280
<v Speaker 3>the details. Boom, then censorship. You had that technological period

0:50:30.320 --> 0:50:33.040
<v Speaker 3>of boom where people got free. And now you're in

0:50:33.080 --> 0:50:35.120
<v Speaker 3>a situation where you had social media come into play.

0:50:35.160 --> 0:50:38.160
<v Speaker 3>Social media came into play, they censored social media really deeply.

0:50:38.360 --> 0:50:40.120
<v Speaker 3>But now you have the cracking of social media. So

0:50:40.120 --> 0:50:44.040
<v Speaker 3>people there's technological advancements that produce what freedom. So if

0:50:44.040 --> 0:50:47.560
<v Speaker 3>you look at the etymological use of the word to

0:50:47.719 --> 0:50:53.279
<v Speaker 3>think or thinking. It was extremely popular pre introduction of

0:50:53.320 --> 0:50:55.799
<v Speaker 3>the radio in the household, so people used to think

0:50:55.840 --> 0:50:58.480
<v Speaker 3>freely prior to the government coming into the house. As

0:50:58.480 --> 0:51:00.920
<v Speaker 3>soon as the radio came in to the house. You

0:51:00.920 --> 0:51:03.040
<v Speaker 3>can look up the etymological use of the word and

0:51:03.080 --> 0:51:06.719
<v Speaker 3>the popularity of it to think thought, freedom of thought.

0:51:07.560 --> 0:51:10.480
<v Speaker 3>The moment the radio was introduced into the house, that

0:51:10.600 --> 0:51:13.080
<v Speaker 3>use of word went down. People stopped to think. When

0:51:13.080 --> 0:51:17.359
<v Speaker 3>did that word begin to emerge again the moment that

0:51:17.400 --> 0:51:21.120
<v Speaker 3>the Internet became placed in the house. So a seak

0:51:21.200 --> 0:51:24.920
<v Speaker 3>of freedom and truth and thinking once again. Now you

0:51:24.920 --> 0:51:27.440
<v Speaker 3>have the introduction of new technology, which is what bitcoin

0:51:28.280 --> 0:51:31.200
<v Speaker 3>on the monetary side, which is the disruption of the

0:51:31.200 --> 0:51:33.480
<v Speaker 3>financial system that we've been under for the last hundred year.

0:51:33.480 --> 0:51:34.840
<v Speaker 3>So now people are waking up and there's say, oh,

0:51:34.880 --> 0:51:37.520
<v Speaker 3>there's something else. Whether bitcoin is the future or not

0:51:37.800 --> 0:51:41.400
<v Speaker 3>is not relevant. What happens that Bitcoin showed that there

0:51:41.480 --> 0:51:45.640
<v Speaker 3>is another way of transacting outside of the now controlled

0:51:45.719 --> 0:51:49.480
<v Speaker 3>technology of remittance. Now we have a decentralized form of

0:51:49.480 --> 0:51:53.600
<v Speaker 3>remittance that gives us the ability within a few years

0:51:54.000 --> 0:51:56.319
<v Speaker 3>before they have digital IDs and id ME and all

0:51:56.360 --> 0:51:59.520
<v Speaker 3>this garbage, to access the internet. A few years to

0:51:59.520 --> 0:52:02.880
<v Speaker 3>become extremely wealthy in this period of time because we

0:52:02.920 --> 0:52:07.320
<v Speaker 3>have this technological differentiator. So if people understand technology, technology

0:52:07.360 --> 0:52:11.640
<v Speaker 3>freeze you, and then technology gets controlled, and technology frees

0:52:11.680 --> 0:52:15.279
<v Speaker 3>you again and technologically gets technology gets controlled. Your job

0:52:15.360 --> 0:52:17.160
<v Speaker 3>is to figure out what's the next pocket of technology

0:52:17.200 --> 0:52:19.720
<v Speaker 3>I can take advantage of for my next power play.

0:52:19.840 --> 0:52:21.440
<v Speaker 3>So if you look at the future, what are you

0:52:21.480 --> 0:52:24.080
<v Speaker 3>going to need. You're going to need autonomous AI that

0:52:24.160 --> 0:52:27.120
<v Speaker 3>runs off of your scripts, not off of somebody else's scripts.

0:52:27.320 --> 0:52:31.120
<v Speaker 3>You're going to need unmanned machines that work specifically for you.

0:52:31.200 --> 0:52:34.440
<v Speaker 3>That's technological advancement. That's part of the future. So money,

0:52:34.440 --> 0:52:37.400
<v Speaker 3>in my opinion, will eventually become obsolete when I have bots,

0:52:37.480 --> 0:52:39.360
<v Speaker 3>When I have robots, when I have AI working for me,

0:52:39.640 --> 0:52:41.720
<v Speaker 3>half of the jobs are not going to be commercially viable.

0:52:41.800 --> 0:52:43.479
<v Speaker 3>Maybe it's not ten years, twenty years, but in fifty

0:52:43.520 --> 0:52:46.240
<v Speaker 3>years we will get there. So money will no longer

0:52:46.239 --> 0:52:48.960
<v Speaker 3>be valuable. So what will money be? And that's where

0:52:48.960 --> 0:52:51.760
<v Speaker 3>the question becomes store of value in things of this nature.

0:52:51.760 --> 0:52:55.000
<v Speaker 3>But technology is always evolving, always moving, but it always

0:52:55.000 --> 0:52:57.320
<v Speaker 3>comes down to the transactions of goods and services.

0:52:57.560 --> 0:53:00.120
<v Speaker 1>Well, it depends on what you considered money. If I

0:53:00.160 --> 0:53:01.959
<v Speaker 1>think of money as a medium of exchange, we're always

0:53:01.960 --> 0:53:03.600
<v Speaker 1>going to need a medium of exchange. Yes, so money

0:53:03.680 --> 0:53:05.839
<v Speaker 1>is not going to go absolutely what we know as

0:53:05.920 --> 0:53:08.680
<v Speaker 1>money and what we even consider value will change.

0:53:08.680 --> 0:53:09.040
<v Speaker 3>Crazy.

0:53:09.400 --> 0:53:11.640
<v Speaker 1>So value will change, just like information change. Back to

0:53:11.640 --> 0:53:14.040
<v Speaker 1>your point before radio and even in the eighties, the

0:53:14.120 --> 0:53:15.800
<v Speaker 1>information was what I got on the nightly Loser in

0:53:15.840 --> 0:53:17.880
<v Speaker 1>my morning newspaper. Today, I see a kid in Thailand

0:53:17.880 --> 0:53:19.400
<v Speaker 1>post a picture on the beach and I see what

0:53:19.440 --> 0:53:21.400
<v Speaker 1>the water looks like, I see the temperature. So like

0:53:21.480 --> 0:53:24.880
<v Speaker 1>all this information that wasn't there. So I think value changes,

0:53:25.160 --> 0:53:27.080
<v Speaker 1>but humans are always going to exchange.

0:53:27.120 --> 0:53:28.240
<v Speaker 3>Yes, was going to exchange.

0:53:28.280 --> 0:53:30.640
<v Speaker 1>That's what capitalism is. In my book, the Uncommis Manifesto,

0:53:30.680 --> 0:53:33.640
<v Speaker 1>we really kind of honed in on that specifically, which

0:53:33.680 --> 0:53:37.120
<v Speaker 1>is capitalism is not a political modality, it's human nature.

0:53:37.320 --> 0:53:41.879
<v Speaker 1>So capitalism is private property, using it more efficiently and

0:53:42.080 --> 0:53:44.600
<v Speaker 1>free trade, among others. I have a fire, you killed

0:53:44.600 --> 0:53:46.439
<v Speaker 1>a rabbit, Hey, cook your rabbit on my fire.

0:53:46.560 --> 0:53:48.520
<v Speaker 3>Let's just share that, right. And the beauty of bitcoin

0:53:48.640 --> 0:53:50.800
<v Speaker 3>is that it lets you do that at scale, at scale,

0:53:50.960 --> 0:53:55.520
<v Speaker 3>multi border without being present where they money type that

0:53:55.680 --> 0:54:00.920
<v Speaker 3>people internationally accept as a form of value, which is

0:54:01.160 --> 0:54:04.480
<v Speaker 3>incredible and it's never happened before, which is the fascinating

0:54:04.520 --> 0:54:06.600
<v Speaker 3>part about bitcoin that I absolutely love.

0:54:07.200 --> 0:54:09.440
<v Speaker 1>I'm curious your standpoint on this because you came from

0:54:09.520 --> 0:54:13.799
<v Speaker 1>Argentina where the money's wrecked, like literally impoverishing people, right,

0:54:14.080 --> 0:54:16.759
<v Speaker 1>and you also you travel the world, you talk with

0:54:16.840 --> 0:54:19.040
<v Speaker 1>a global audience, if you will, do you think that

0:54:19.200 --> 0:54:23.160
<v Speaker 1>helped you understand why we need a non government money

0:54:23.200 --> 0:54:26.520
<v Speaker 1>like bitcoin better than most people in the US, who

0:54:26.520 --> 0:54:28.239
<v Speaker 1>are like, what do we need different money for?

0:54:28.680 --> 0:54:31.319
<v Speaker 3>I grew up in a small town. It's not a village,

0:54:31.400 --> 0:54:33.920
<v Speaker 3>a small town of twelve thousand people. I would go

0:54:34.040 --> 0:54:38.680
<v Speaker 3>to my local steakhouse, a small little steakhouse, five different tables,

0:54:39.080 --> 0:54:43.440
<v Speaker 3>one server, cook on an Argentine style grill. The Argentine

0:54:43.520 --> 0:54:46.120
<v Speaker 3>peso to the dollar. I remember the time I was

0:54:46.239 --> 0:54:50.040
<v Speaker 3>eleven years old buying. My dad took me, took me

0:54:50.080 --> 0:54:51.799
<v Speaker 3>to that steakhouse and it was a I think it

0:54:51.840 --> 0:54:55.359
<v Speaker 3>was a file mignon or something like that. It costs

0:54:55.360 --> 0:54:59.600
<v Speaker 3>three dollars. It was nine pisos. Today the dollar to

0:54:59.640 --> 0:55:02.279
<v Speaker 3>the pest hundred three to one, Yeah, three to one,

0:55:02.320 --> 0:55:04.160
<v Speaker 3>three to one. It would cost me a dollar to

0:55:04.239 --> 0:55:11.359
<v Speaker 3>take a taxi. So everything that was nice about Argentina

0:55:11.400 --> 0:55:14.959
<v Speaker 3>was the fact that the dollar was cheap and still

0:55:15.000 --> 0:55:18.600
<v Speaker 3>the pesel was pretty healthy. But today you see the

0:55:18.600 --> 0:55:22.440
<v Speaker 3>introduction of socialism, you see the debasement of currency, and truly,

0:55:23.040 --> 0:55:24.960
<v Speaker 3>the big thing that I see, which is the big

0:55:25.719 --> 0:55:28.440
<v Speaker 3>shell shock factor, based off of my study of history,

0:55:28.840 --> 0:55:32.040
<v Speaker 3>this is that this cycle that Argentina went through of

0:55:32.080 --> 0:55:37.279
<v Speaker 3>the debasement of currency, the nationalization of privatized assets, and

0:55:37.440 --> 0:55:43.160
<v Speaker 3>the introduction of a socialist, super vampire like government, isn't

0:55:43.200 --> 0:55:44.840
<v Speaker 3>the first time that it happened in history. I was

0:55:44.840 --> 0:55:48.000
<v Speaker 3>talking with Andrew. It happened in Korea, it happened in Cuba,

0:55:48.600 --> 0:55:51.560
<v Speaker 3>it happened in Bolivia, it happened in Venezuela. You have

0:55:51.600 --> 0:55:53.480
<v Speaker 3>a lot of countries where you have these socialist type

0:55:53.480 --> 0:55:56.320
<v Speaker 3>governments that come in, they leach everything from private citizens

0:55:56.600 --> 0:55:59.319
<v Speaker 3>and they debase the currency by stealing everything. Now, what

0:55:59.480 --> 0:56:02.000
<v Speaker 3>happens because they steal everything, they still have to get loans.

0:56:02.040 --> 0:56:07.200
<v Speaker 3>There's still a debt to who, most likely DIMF. So

0:56:07.320 --> 0:56:10.319
<v Speaker 3>what happens you have now the IMF being introduced into

0:56:10.320 --> 0:56:13.719
<v Speaker 3>the scenario, and they're quote unquote the bad guy, But

0:56:13.840 --> 0:56:15.880
<v Speaker 3>simultaneously they're the good guys. So you don't know how

0:56:15.880 --> 0:56:17.120
<v Speaker 3>to look at them because they're the ones that are

0:56:17.120 --> 0:56:18.400
<v Speaker 3>putting you in debt and they're the ones that are

0:56:18.400 --> 0:56:20.040
<v Speaker 3>pulling you out of that back and forth, back and forth,

0:56:20.040 --> 0:56:22.080
<v Speaker 3>back and forth, like a loop cycle. So here you

0:56:22.120 --> 0:56:24.600
<v Speaker 3>have a socialist government that's most likely put in place.

0:56:25.160 --> 0:56:28.040
<v Speaker 3>You have a period of normalization of making sure that

0:56:28.080 --> 0:56:31.759
<v Speaker 3>the government owns all the national assets. The airlines, the

0:56:32.120 --> 0:56:36.360
<v Speaker 3>petrol companies, the railways, they own everything. But obviously we

0:56:36.400 --> 0:56:38.839
<v Speaker 3>know that governments can't run shit because they're incompetent. So

0:56:39.320 --> 0:56:43.080
<v Speaker 3>these products, these goods, these services, they become shitty. Now

0:56:43.239 --> 0:56:46.120
<v Speaker 3>you have massive inflation. Not only do you have massive inflation,

0:56:46.120 --> 0:56:48.000
<v Speaker 3>you have massive debt. That debt needs to get paid off.

0:56:48.160 --> 0:56:51.120
<v Speaker 3>So you have the introduction of a right wing party. Right,

0:56:51.760 --> 0:56:58.799
<v Speaker 3>it happened with bid On. It happened in probably the

0:56:58.800 --> 0:57:01.400
<v Speaker 3>forties and the fifties post World War Two, when the

0:57:01.520 --> 0:57:04.759
<v Speaker 3>United States began to introduce the fight against communism. So

0:57:04.800 --> 0:57:07.560
<v Speaker 3>you had this introduction of right wing kind of police

0:57:07.560 --> 0:57:10.640
<v Speaker 3>states come in. And my thesis is that these these

0:57:10.719 --> 0:57:13.000
<v Speaker 3>right wing police states, we either have Bouquel, you have

0:57:13.400 --> 0:57:16.680
<v Speaker 3>a Malay. You have different individuals. Their purpose is one

0:57:16.760 --> 0:57:21.640
<v Speaker 3>very simple in my opinion, it's the repayment to the

0:57:21.680 --> 0:57:24.440
<v Speaker 3>IMF of all the debts. So here you have a

0:57:24.520 --> 0:57:26.760
<v Speaker 3>right wing politician or somebody that's more on the liberal

0:57:26.800 --> 0:57:28.800
<v Speaker 3>side that says, okay, we privatize, we need to sell

0:57:28.840 --> 0:57:31.160
<v Speaker 3>off all national assets. Okay, perfect, what are you doing

0:57:31.200 --> 0:57:33.240
<v Speaker 3>with that money? You have to pay back the IMF,

0:57:33.280 --> 0:57:36.600
<v Speaker 3>by the fucker, Like, that's why you're here. So create

0:57:36.640 --> 0:57:39.760
<v Speaker 3>the entire inflation system, prop a ton of debt, and

0:57:39.760 --> 0:57:42.720
<v Speaker 3>then bring somebody through a police state can pay off

0:57:42.720 --> 0:57:44.920
<v Speaker 3>that debt and then run the cycle back and forth,

0:57:44.960 --> 0:57:47.520
<v Speaker 3>back and forth, back and forth. My thesis was very simple,

0:57:47.520 --> 0:57:49.960
<v Speaker 3>and you're going to see it play out because I've

0:57:49.960 --> 0:57:51.760
<v Speaker 3>been predicting the future for quite a bit of time.

0:57:51.800 --> 0:57:55.160
<v Speaker 3>Now you're going to see it happen with people introducing

0:57:55.240 --> 0:57:57.480
<v Speaker 3>third parties. So no longer right wing party, left wing party.

0:57:57.520 --> 0:57:59.520
<v Speaker 3>You'll have a third party emerge that'll be self funded.

0:57:59.560 --> 0:58:01.600
<v Speaker 3>So you look at the president of Ecuador, he's not

0:58:01.680 --> 0:58:03.600
<v Speaker 3>right wing, left wing, he's a new guy that just emerged.

0:58:03.840 --> 0:58:06.920
<v Speaker 3>New party Malay, not left wing, right wing, new party.

0:58:07.320 --> 0:58:11.800
<v Speaker 3>And what happens young guys right wing fuck fucking hate

0:58:11.800 --> 0:58:13.960
<v Speaker 3>the old system, but they still have to play the

0:58:14.040 --> 0:58:17.040
<v Speaker 3>rules of the game because they're in debt. Who's going

0:58:17.040 --> 0:58:19.320
<v Speaker 3>to pay off that debt? The IMF. So what I

0:58:19.320 --> 0:58:21.160
<v Speaker 3>see is I look at these cycles in these loops

0:58:21.160 --> 0:58:23.000
<v Speaker 3>and I try to figure out where in the loop,

0:58:23.160 --> 0:58:25.680
<v Speaker 3>because it's happening these jackals, it's happening. Where in the

0:58:25.720 --> 0:58:29.560
<v Speaker 3>loop is this country or this stage, and how can

0:58:29.560 --> 0:58:32.040
<v Speaker 3>I succeed in it? Now before the introduction of right

0:58:32.040 --> 0:58:34.800
<v Speaker 3>wing police states are heavier duty, kind of controlled systems,

0:58:35.120 --> 0:58:38.680
<v Speaker 3>which I think right wing governments tend to do more

0:58:38.680 --> 0:58:41.480
<v Speaker 3>than left wing governments if given too much control, and

0:58:41.520 --> 0:58:43.920
<v Speaker 3>they'll do it, especially under the name of safety and security.

0:58:44.720 --> 0:58:47.280
<v Speaker 3>Because remember Trump is the one that introduced the vaccine.

0:58:47.280 --> 0:58:49.400
<v Speaker 3>Trump is the one that introduced all the lockdowns and

0:58:49.400 --> 0:58:51.920
<v Speaker 3>all these things. Whether it was his willpowers introduction, it

0:58:51.920 --> 0:58:55.240
<v Speaker 3>doesn't really make a difference. There's a president that right wing,

0:58:55.240 --> 0:58:57.520
<v Speaker 3>and I'm not any political quarity. I'm just an observant

0:58:57.520 --> 0:59:01.120
<v Speaker 3>from the sideline. They tend to introduce more police rule.

0:59:01.800 --> 0:59:03.440
<v Speaker 3>On the other side, you have the other guys that

0:59:03.480 --> 0:59:05.440
<v Speaker 3>introduce a lot of state rule, and they'll introduce a

0:59:05.440 --> 0:59:06.960
<v Speaker 3>lot of Hey, the government is going to be your

0:59:07.040 --> 0:59:09.720
<v Speaker 3>daddy and manage your things. But in between here you

0:59:09.880 --> 0:59:13.320
<v Speaker 3>have the narrative creation. And the narrative creation is the

0:59:13.360 --> 0:59:15.280
<v Speaker 3>pendulum swings either to the left or to the right,

0:59:15.320 --> 0:59:17.360
<v Speaker 3>and we've seen it. You've probably witnessed it, a pendulum

0:59:17.360 --> 0:59:20.400
<v Speaker 3>swing at an energetic level moving to the right through history.

0:59:20.440 --> 0:59:23.320
<v Speaker 3>So the question is where do you position yourself to

0:59:23.440 --> 0:59:27.040
<v Speaker 3>not get fucked by these guys that are debasing the currency,

0:59:27.240 --> 0:59:30.560
<v Speaker 3>but simultaneously not being in a system where there may

0:59:30.560 --> 0:59:33.200
<v Speaker 3>be right wing police states. So when I left Argentina

0:59:33.240 --> 0:59:36.520
<v Speaker 3>at the age of sixteen, it was under the premise

0:59:36.600 --> 0:59:40.200
<v Speaker 3>of there's a socialist culture that's coming. And it wasn't

0:59:40.240 --> 0:59:41.919
<v Speaker 3>that I knew that shit was going to hit the fan,

0:59:42.040 --> 0:59:44.160
<v Speaker 3>like how it went to become one of the most

0:59:44.160 --> 0:59:46.520
<v Speaker 3>worthless countries in the world, even though from one of

0:59:46.520 --> 0:59:48.400
<v Speaker 3>the richest, even though in eighteen ninety was one of

0:59:48.440 --> 0:59:51.440
<v Speaker 3>the wealthiest countries in the planet. I just left simply

0:59:51.480 --> 0:59:54.120
<v Speaker 3>because in the US there was more opportunity, and truly,

0:59:54.240 --> 0:59:57.080
<v Speaker 3>up until this day and I've been to fifty nine countries,

0:59:57.560 --> 0:59:59.480
<v Speaker 3>the United States is still the greatest country in the world,

1:00:00.040 --> 1:00:00.520
<v Speaker 3>hands down.

1:00:01.440 --> 1:00:04.840
<v Speaker 1>I personally don't like the left and the right and

1:00:04.880 --> 1:00:09.240
<v Speaker 1>the republican democrat and the libertarian, the socialist, the common like,

1:00:09.280 --> 1:00:12.360
<v Speaker 1>it's just like all these labels that nothing really neatly

1:00:12.400 --> 1:00:16.800
<v Speaker 1>fits in there. And I thought Malay actually called this

1:00:16.880 --> 1:00:19.120
<v Speaker 1>out pretty well in one of the speeches where I

1:00:19.160 --> 1:00:19.840
<v Speaker 1>saw he said.

1:00:20.600 --> 1:00:22.480
<v Speaker 3>He talked about, you know, the left.

1:00:22.240 --> 1:00:24.600
<v Speaker 1>Is socialist and the right is fascist, he said, but

1:00:24.720 --> 1:00:29.240
<v Speaker 1>they're all collectivist. They're all collectivist. So in my book,

1:00:29.240 --> 1:00:32.440
<v Speaker 1>The Uncongress Manifesto shameless plug again, talk about when we

1:00:32.480 --> 1:00:35.960
<v Speaker 1>actually draw a diagram of how all politics is on

1:00:35.960 --> 1:00:39.040
<v Speaker 1>one side and on that there's a spectrum from left

1:00:39.040 --> 1:00:43.520
<v Speaker 1>to right, socialist to fascist. But socialism and fascist, although

1:00:43.520 --> 1:00:47.760
<v Speaker 1>we're on extreme opposite ends, apparently, are all central planners

1:00:47.880 --> 1:00:50.800
<v Speaker 1>and collectivist ideas. So all politics.

1:00:50.920 --> 1:00:52.640
<v Speaker 3>But isn't bitcoin a collectivist idea?

1:00:52.760 --> 1:00:52.840
<v Speaker 2>No.

1:00:53.000 --> 1:00:55.560
<v Speaker 3>At the same time, no, bitcoin is the exact opposite.

1:00:55.600 --> 1:00:57.120
<v Speaker 3>But it has to work. You have to have a

1:00:57.120 --> 1:00:59.000
<v Speaker 3>collective unit of people for it to work.

1:00:59.280 --> 1:01:02.640
<v Speaker 1>Well, what I'm talking about collectivist is central planning. Okay,

1:01:02.760 --> 1:01:06.959
<v Speaker 1>so somebody is planning the system versus what we said,

1:01:06.960 --> 1:01:07.200
<v Speaker 1>and I.

1:01:07.160 --> 1:01:09.040
<v Speaker 3>Have a diagram. I'll get you a book when we're

1:01:09.040 --> 1:01:09.360
<v Speaker 3>done here.

1:01:09.560 --> 1:01:13.400
<v Speaker 1>On the other side is capitalism is natural emergent, it's

1:01:13.480 --> 1:01:18.000
<v Speaker 1>individual individualism and bitcoin fits over there, and so you

1:01:18.080 --> 1:01:20.360
<v Speaker 1>have sort of and Malay called this out. He said,

1:01:20.360 --> 1:01:23.240
<v Speaker 1>look all is your left wing, your socialist, your right wing,

1:01:23.240 --> 1:01:26.560
<v Speaker 1>your fascist? Say it's all collectivist. He said, we're bringing

1:01:26.600 --> 1:01:27.880
<v Speaker 1>back the individual.

1:01:28.080 --> 1:01:28.840
<v Speaker 3>There is no.

1:01:28.920 --> 1:01:31.640
<v Speaker 1>State, and so let Frederick Bastia and the law talks

1:01:31.640 --> 1:01:34.080
<v Speaker 1>about this. There is no state. So it's just saying

1:01:34.080 --> 1:01:36.720
<v Speaker 1>as a state, there's us as you and I as individuals,

1:01:36.720 --> 1:01:39.520
<v Speaker 1>and collectively we could agree to have this town or

1:01:39.520 --> 1:01:42.240
<v Speaker 1>whatever this country. And so I thought I thought it

1:01:42.240 --> 1:01:45.640
<v Speaker 1>was a pretty good statement at a theoretical level. Yes,

1:01:45.680 --> 1:01:48.280
<v Speaker 1>it's cool, but you still have billions of debt and

1:01:48.400 --> 1:01:50.880
<v Speaker 1>debt that you have to pay. Malay like, you can cool,

1:01:50.920 --> 1:01:53.880
<v Speaker 1>that sounds nice, Okay, you stop to go and sit

1:01:54.000 --> 1:01:56.240
<v Speaker 1>down with you if you would rather him default on that.

1:01:57.120 --> 1:01:59.320
<v Speaker 3>I don't know, because I don't really know what the

1:01:59.360 --> 1:02:01.760
<v Speaker 3>best solution would be. I think the best course of

1:02:01.800 --> 1:02:04.000
<v Speaker 3>action right now, at least for Argentina is the national

1:02:04.160 --> 1:02:07.120
<v Speaker 3>is the is the privatization of national assets. There's no

1:02:07.160 --> 1:02:10.440
<v Speaker 3>reason why the government should run anything at everything, And

1:02:10.440 --> 1:02:11.920
<v Speaker 3>that seems like what he's trying to do. Yes, and

1:02:11.960 --> 1:02:13.800
<v Speaker 3>that's great. The question is who do you sell it to,

1:02:14.960 --> 1:02:17.920
<v Speaker 3>who's bidder and who's the highest bidder. It's most likely

1:02:17.960 --> 1:02:21.680
<v Speaker 3>all under under it's all under the table. Nationalization companies

1:02:21.720 --> 1:02:24.400
<v Speaker 3>that come in and they go There's a book called

1:02:24.440 --> 1:02:28.040
<v Speaker 3>Confessions of Economic Hitman, an economic Hitman. He talks about

1:02:28.040 --> 1:02:30.000
<v Speaker 3>the jackals. They come in and they give you an offer,

1:02:30.040 --> 1:02:31.640
<v Speaker 3>and if you don't take the offer, so be it.

1:02:31.640 --> 1:02:32.959
<v Speaker 3>At the end of the day, you have a guy

1:02:33.080 --> 1:02:35.280
<v Speaker 3>that comes from a third party, not left wing, right wing,

1:02:35.320 --> 1:02:38.080
<v Speaker 3>a third party. Somebody has to fund that party. Forty

1:02:38.080 --> 1:02:40.040
<v Speaker 3>five percent of Argenties don't just vote for you because

1:02:40.040 --> 1:02:43.200
<v Speaker 3>you have a message. There's narratives, there's pushed and because

1:02:43.240 --> 1:02:46.520
<v Speaker 3>you see it in anywhere around the world. In order

1:02:46.560 --> 1:02:48.840
<v Speaker 3>for a message to be propagated, it doesn't just naturally

1:02:48.920 --> 1:02:51.080
<v Speaker 3>catch on. You have to push a message, and I

1:02:51.080 --> 1:02:53.240
<v Speaker 3>think from alternatives definitely the best alternative.

1:02:53.280 --> 1:02:54.520
<v Speaker 1>But do you think there's like sort of like a

1:02:54.560 --> 1:02:57.440
<v Speaker 1>zeitgeist at the time, So for example, the pendulum, I

1:02:57.440 --> 1:02:58.680
<v Speaker 1>think the pendulum doesn't.

1:02:58.440 --> 1:02:59.280
<v Speaker 3>Swing from left to right.

1:02:59.320 --> 1:03:02.920
<v Speaker 1>I think the swings from centralization to decentralization. And I

1:03:02.960 --> 1:03:04.680
<v Speaker 1>think it's technology that does that, and that's a whole

1:03:04.680 --> 1:03:08.320
<v Speaker 1>different conversation. But if we look at the pendulum from

1:03:08.400 --> 1:03:10.960
<v Speaker 1>that viewpoint, just for this exercise, and you see this

1:03:11.000 --> 1:03:13.680
<v Speaker 1>pendulum has been swinging towards centralization. So we have the

1:03:13.720 --> 1:03:16.760
<v Speaker 1>creation of the UN and the IMF and the BIS

1:03:16.760 --> 1:03:21.439
<v Speaker 1>and this global US led homogeny, et cetera. But then

1:03:21.720 --> 1:03:25.200
<v Speaker 1>we have like it's gone so far and now where

1:03:26.120 --> 1:03:28.400
<v Speaker 1>there's no truth in men and women and boys or

1:03:28.440 --> 1:03:31.160
<v Speaker 1>girls and all these things, and it's gone so far

1:03:31.200 --> 1:03:33.400
<v Speaker 1>that people are rejecting that. And you're seeing the Jordan

1:03:33.440 --> 1:03:36.880
<v Speaker 1>Peterson's and the Andrew Tates rising up in the face

1:03:36.920 --> 1:03:38.880
<v Speaker 1>of that, Like people are starting to latch onto that.

1:03:38.960 --> 1:03:41.840
<v Speaker 1>And it seems like Malay Maloney over in Italy, and

1:03:41.880 --> 1:03:44.040
<v Speaker 1>Malay is just like one more person. It seems like

1:03:44.160 --> 1:03:47.360
<v Speaker 1>the whole world has been gas lilt so hard and

1:03:47.360 --> 1:03:49.520
<v Speaker 1>they've been told for so long that they don't matter

1:03:49.600 --> 1:03:51.800
<v Speaker 1>that they're latching onto that type of a person.

1:03:51.880 --> 1:03:55.080
<v Speaker 3>Yeah, it's it's the opposite of what you're already given.

1:03:55.120 --> 1:03:57.840
<v Speaker 3>So it's it's it's not an extreme, it's just an

1:03:57.920 --> 1:04:00.600
<v Speaker 3>extreme of that position. I'm not saying good or bad.

1:04:00.640 --> 1:04:03.040
<v Speaker 3>It's just a natural pendulum swing. But remember it's the

1:04:03.040 --> 1:04:06.080
<v Speaker 3>pendulum swing of technology. We're talking about technological freedom. As

1:04:06.080 --> 1:04:09.680
<v Speaker 3>soon as that technology gets suppressed or controlled, you have censorship.

1:04:09.720 --> 1:04:12.600
<v Speaker 3>You want decentralization, you have you need new technology that

1:04:12.680 --> 1:04:15.840
<v Speaker 3>overtakes the centralization. So you have centralization in the federal reserve,

1:04:15.880 --> 1:04:17.720
<v Speaker 3>in the banking system. You need bitcoin, you have the

1:04:17.760 --> 1:04:20.800
<v Speaker 3>centralization of the radio, over the television, you need the Internet.

1:04:21.000 --> 1:04:23.120
<v Speaker 3>So you have these pendulum swings. Now the objective is

1:04:23.120 --> 1:04:26.360
<v Speaker 3>figuring out. Because of Moore's law, these pendulum swings get slower,

1:04:26.520 --> 1:04:28.080
<v Speaker 3>they get faster and faster and faster, and they go

1:04:28.120 --> 1:04:30.400
<v Speaker 3>back and forth, back and forth. Freedom, censorship, freedom sensorship,

1:04:30.520 --> 1:04:33.240
<v Speaker 3>to the point where, per the words of Ilia co

1:04:33.360 --> 1:04:36.240
<v Speaker 3>founder of Open Eye, said, AI has the ability to

1:04:36.320 --> 1:04:40.439
<v Speaker 3>create imperpetuity, stable dictatorships. And that's the freaky point where

1:04:40.480 --> 1:04:42.520
<v Speaker 3>I'm like, that's a scary point. That's the scary point.

1:04:42.560 --> 1:04:45.280
<v Speaker 3>And he's true. I agree, he's right, Bro, he's right.

1:04:45.400 --> 1:04:46.919
<v Speaker 3>But I don't like that. I don't like it at all.

1:04:46.960 --> 1:04:50.720
<v Speaker 3>But I'm like, Okay, these are the freedom pockets. Decentralized,

1:04:50.720 --> 1:04:53.320
<v Speaker 3>the centralized, centralized, the centralized. We need to be capitalizing

1:04:53.320 --> 1:04:55.840
<v Speaker 3>on these decentralized pockets before it goes back to say,

1:04:56.000 --> 1:04:57.880
<v Speaker 3>it doesn't matter how much bitcoin you had, if it

1:04:57.880 --> 1:05:01.000
<v Speaker 3>doesn't matter how when COVID lockdown, that shit locked down,

1:05:01.880 --> 1:05:05.360
<v Speaker 3>most people were fucked. That's just the situation that people

1:05:05.360 --> 1:05:07.320
<v Speaker 3>were in. I don't care if you if you believed

1:05:07.320 --> 1:05:09.520
<v Speaker 3>in it or you didn't believe in it. Your business,

1:05:09.520 --> 1:05:12.280
<v Speaker 3>if it was a physical business, was closed down. Whether

1:05:12.320 --> 1:05:14.720
<v Speaker 3>you got jabbed, wore a mass, didn't liked it, didn't

1:05:14.760 --> 1:05:16.680
<v Speaker 3>like it, that was the outcome that was naturally happening.

1:05:16.760 --> 1:05:19.280
<v Speaker 3>But then you had the ability to make money online.

1:05:19.480 --> 1:05:22.040
<v Speaker 3>That was a pendulum singing. That was your freedom pocket. Dude.

1:05:22.040 --> 1:05:24.840
<v Speaker 3>The amount of money people made during COVID online was crazy.

1:05:25.200 --> 1:05:28.200
<v Speaker 3>But the people physical brick and mortar, Nope. And now

1:05:28.200 --> 1:05:30.160
<v Speaker 3>the pendulum swing of oh things opened back up. A

1:05:30.160 --> 1:05:32.720
<v Speaker 3>ton of businesses started making a ton of money in person.

1:05:33.000 --> 1:05:37.640
<v Speaker 3>So you have these pendulum swings of censorship, decentralization, censorship, decentralization,

1:05:37.920 --> 1:05:40.720
<v Speaker 3>and it's capitalizing on these pockets prior to being in

1:05:40.760 --> 1:05:42.760
<v Speaker 3>a situation where you end up like China, where now

1:05:42.800 --> 1:05:47.120
<v Speaker 3>everything's credit controlled systems, you, everything's we chat, everything's face ID,

1:05:47.560 --> 1:05:50.480
<v Speaker 3>your Tesla needs to be under a certain credit score

1:05:50.640 --> 1:05:52.400
<v Speaker 3>connected to your idea in order for you to charge

1:05:52.400 --> 1:05:56.520
<v Speaker 3>the fucking vehicle. And it's absolutely insane. So I don't

1:05:56.520 --> 1:05:58.880
<v Speaker 3>know if Elon Musk using the AX app now that

1:05:58.960 --> 1:06:01.760
<v Speaker 3>has over fifty it has all fifty states the ability

1:06:01.800 --> 1:06:03.160
<v Speaker 3>to remit money. I don't know if he's going to

1:06:03.200 --> 1:06:05.320
<v Speaker 3>create a super bank with X. That's my opinion, That's

1:06:05.360 --> 1:06:07.440
<v Speaker 3>what I think he's going to do. But what happens

1:06:07.440 --> 1:06:12.280
<v Speaker 3>when X becomes the weak chat, the the week chut

1:06:12.320 --> 1:06:15.840
<v Speaker 3>of North America. Now you have the censorship that you're

1:06:15.880 --> 1:06:17.800
<v Speaker 3>kind of going to be fucked up on because you

1:06:17.880 --> 1:06:20.600
<v Speaker 3>have the head of technology that's always at the cusp

1:06:20.640 --> 1:06:22.280
<v Speaker 3>of everything, so that you have this guy that runs

1:06:22.520 --> 1:06:25.640
<v Speaker 3>your vehicle, so he has probably the best understanding of

1:06:25.680 --> 1:06:28.560
<v Speaker 3>public of transport. He has satellites that are shot in

1:06:28.600 --> 1:06:31.280
<v Speaker 3>the space. He owns the AI that gets plugged into

1:06:31.280 --> 1:06:33.960
<v Speaker 3>your brain. He owns this rocket ships, he owns the AI,

1:06:34.120 --> 1:06:36.280
<v Speaker 3>and he owns the social media platform that feeds the AI.

1:06:36.680 --> 1:06:38.600
<v Speaker 3>All he has to do is control a couple of things,

1:06:38.640 --> 1:06:41.840
<v Speaker 3>and she gets really really intense, really fast, very scary.

1:06:41.920 --> 1:06:44.800
<v Speaker 3>So the goal is before these things get introduced which

1:06:44.800 --> 1:06:47.960
<v Speaker 3>are obvious. Look at skynet and rut in China it's coming.

1:06:49.280 --> 1:06:52.320
<v Speaker 3>How can you create and utilize these pockets of decentralized

1:06:52.600 --> 1:06:56.080
<v Speaker 3>wealth creation to not have to face the reality of

1:06:56.240 --> 1:06:59.440
<v Speaker 3>living in these states? So how can I you? I

1:06:59.480 --> 1:07:04.920
<v Speaker 3>think building digital businesses outside of a specific ecosystem that

1:07:05.080 --> 1:07:07.920
<v Speaker 3>is like Instagram or Facebook. If you're limited to like

1:07:07.960 --> 1:07:11.480
<v Speaker 3>one social platform or one specific avenue, it can be

1:07:11.560 --> 1:07:15.120
<v Speaker 3>extremely difficult. Number two is you need something that is

1:07:15.160 --> 1:07:17.600
<v Speaker 3>low risk, high reward, and usually it comes from service

1:07:17.680 --> 1:07:20.040
<v Speaker 3>based businesses. So when you have to expend your life

1:07:20.040 --> 1:07:24.760
<v Speaker 3>force energy to receive money, so your only expense if

1:07:24.760 --> 1:07:26.160
<v Speaker 3>you don't have a lot of money, is your time

1:07:26.200 --> 1:07:28.080
<v Speaker 3>and your energy, which isn't worth much because you don't

1:07:28.120 --> 1:07:30.960
<v Speaker 3>you can't produce much. So I think digital businesses something

1:07:31.080 --> 1:07:34.480
<v Speaker 3>is scalable. I think physical business, service based businesses, something

1:07:34.480 --> 1:07:36.240
<v Speaker 3>that is low risk, high reward that doesn't take a

1:07:36.240 --> 1:07:38.520
<v Speaker 3>lot of startup costs, and you need to build an

1:07:38.560 --> 1:07:40.960
<v Speaker 3>AI proof business. I met with one of the founders

1:07:40.960 --> 1:07:43.000
<v Speaker 3>of open ai a couple of years ago. AI proof

1:07:43.040 --> 1:07:48.040
<v Speaker 3>business or use ai, use ai, yes, but what the

1:07:48.080 --> 1:07:50.200
<v Speaker 3>AI boom took place? You had a couple of businesses.

1:07:50.200 --> 1:07:53.040
<v Speaker 3>You had the I businesses that emerged, and you had

1:07:53.160 --> 1:07:55.720
<v Speaker 3>let's use AI to beef up our business. When I

1:07:55.760 --> 1:07:57.320
<v Speaker 3>met with this guy a couple of years ago, he

1:07:57.320 --> 1:08:00.000
<v Speaker 3>said build. He's like, yeah, AI is just a lot

1:08:00.000 --> 1:08:01.960
<v Speaker 3>lot of things. What you need to figure out is

1:08:01.960 --> 1:08:04.680
<v Speaker 3>what can a I never replace or what is the

1:08:04.680 --> 1:08:07.760
<v Speaker 3>hardest thing or the hardest mote for AI to replace.

1:08:08.320 --> 1:08:10.200
<v Speaker 3>So that's what you're going to build your business on.

1:08:10.360 --> 1:08:14.320
<v Speaker 3>Is the hardest mote that I can can can not bypass,

1:08:14.440 --> 1:08:18.240
<v Speaker 3>which is what community, personal development, the things that AI

1:08:18.320 --> 1:08:20.840
<v Speaker 3>can do, physical things, the things that AI can't do

1:08:20.880 --> 1:08:22.800
<v Speaker 3>for you. So I shifted capital club, I shifted all

1:08:22.840 --> 1:08:26.080
<v Speaker 3>my businesses to turn them not as AI companies but

1:08:26.200 --> 1:08:29.600
<v Speaker 3>as AI proof companies. My companies aren't crypto companies. My

1:08:30.080 --> 1:08:32.800
<v Speaker 3>companies are crypto friendly companies. So it's like, as the

1:08:32.880 --> 1:08:35.800
<v Speaker 3>narratives emerge and as the narratives change. Because I don't

1:08:35.840 --> 1:08:38.200
<v Speaker 3>make any irreversible decisions, I'm able.

1:08:37.960 --> 1:08:41.960
<v Speaker 1>To pivot digital businesses low risk, high reward, which are

1:08:41.960 --> 1:08:44.720
<v Speaker 1>basically service based businesses because you're just contributing your time

1:08:44.720 --> 1:08:47.320
<v Speaker 1>and labor. Low risk because you don't have to put

1:08:47.360 --> 1:08:49.280
<v Speaker 1>up capital, so you can bootstrap them. I agree with

1:08:49.320 --> 1:08:51.439
<v Speaker 1>all that AI proof. I mean, sure you have the

1:08:51.439 --> 1:08:53.720
<v Speaker 1>physical or you could use AI. I mean you could

1:08:53.720 --> 1:08:55.960
<v Speaker 1>look at like I mean, I think trying to become

1:08:55.960 --> 1:08:57.760
<v Speaker 1>a lawyer or a doctor today.

1:08:57.920 --> 1:09:00.840
<v Speaker 3>Like if you're starting your career now, you're you're gonna

1:09:00.840 --> 1:09:01.240
<v Speaker 3>go to college.

1:09:01.240 --> 1:09:02.439
<v Speaker 1>I'm gonna go to college and be a doctor or

1:09:02.439 --> 1:09:05.040
<v Speaker 1>a lawyer like man that's probably gonna be replaced in

1:09:05.120 --> 1:09:05.559
<v Speaker 1>this and.

1:09:05.479 --> 1:09:09.800
<v Speaker 3>That The difficulty hear is the fact that you're competing

1:09:09.840 --> 1:09:15.040
<v Speaker 3>against an institutionalized establishment that not only has proven its

1:09:15.400 --> 1:09:20.360
<v Speaker 3>inaccuracy and invalidity to be an institution like these big universities, Harvard, Dale,

1:09:20.360 --> 1:09:22.240
<v Speaker 3>all these things. All we have to do, dude, is

1:09:22.320 --> 1:09:27.000
<v Speaker 3>let's take every every single one of the president's CEOs

1:09:27.080 --> 1:09:30.160
<v Speaker 3>of all these top universities, run all of their papers,

1:09:30.280 --> 1:09:36.479
<v Speaker 3>every single paper, essay, video conference, every single presentation, keynote

1:09:36.520 --> 1:09:40.080
<v Speaker 3>that they've ever done, and let's find plagiarism. Let's find

1:09:40.080 --> 1:09:43.000
<v Speaker 3>plagiarism in their work, and we discredit half of the

1:09:43.000 --> 1:09:46.920
<v Speaker 3>fucking universities automatically off rip. Not only that, but we

1:09:46.960 --> 1:09:51.040
<v Speaker 3>also have to understand that the universities today are political weapons.

1:09:51.800 --> 1:10:00.080
<v Speaker 3>They're not educational institutions. They are political, dogmatic, government controlled ecosystems.

1:10:00.439 --> 1:10:05.120
<v Speaker 3>So when your entire narrative is you're the age of

1:10:05.160 --> 1:10:07.960
<v Speaker 3>eight and your fucking first grade teacher asks you what

1:10:08.120 --> 1:10:10.360
<v Speaker 3>is your dream job? Not what do you want to

1:10:10.760 --> 1:10:12.280
<v Speaker 3>not what do you want in life? You know, hey,

1:10:12.320 --> 1:10:14.120
<v Speaker 3>how was your day with your parents? You know, go

1:10:14.160 --> 1:10:15.760
<v Speaker 3>respect your mom and your dad. Know what is your

1:10:15.840 --> 1:10:18.240
<v Speaker 3>dream job? The moment you're born, you're fucking curated into

1:10:18.280 --> 1:10:21.320
<v Speaker 3>the system. Unless you unplug and wake up and realize

1:10:21.560 --> 1:10:23.920
<v Speaker 3>that they're treading on you. You're not gonna tell them

1:10:23.960 --> 1:10:26.200
<v Speaker 3>don't tread on me, motherfucker. So you need to have

1:10:26.240 --> 1:10:29.479
<v Speaker 3>this enlightenment. This this this wake up reality check.

1:10:29.560 --> 1:10:29.840
<v Speaker 2>Dude.

1:10:29.960 --> 1:10:34.120
<v Speaker 1>Yeah, nobody was the I want to start my own

1:10:34.160 --> 1:10:38.320
<v Speaker 1>online digital community. Wasn't on my bingo card. My little

1:10:38.320 --> 1:10:42.400
<v Speaker 1>brother sells Pokemon cards online and makes good money like

1:10:42.439 --> 1:10:44.679
<v Speaker 1>that wasn't on the choice right, So to your point.

1:10:45.200 --> 1:10:45.920
<v Speaker 3>Yeah, I love all that.

1:10:46.000 --> 1:10:49.640
<v Speaker 1>So let's go ahead and close it out here. So

1:10:49.680 --> 1:10:51.200
<v Speaker 1>what's the what's the advice?

1:10:51.320 --> 1:10:51.639
<v Speaker 3>You said?

1:10:51.720 --> 1:10:54.040
<v Speaker 1>You can see the future. You see future trends. I

1:10:54.080 --> 1:10:55.840
<v Speaker 1>don't want to say you can predict the future, but

1:10:55.840 --> 1:10:57.560
<v Speaker 1>you see these future trends. So you've already kind of

1:10:57.600 --> 1:11:01.640
<v Speaker 1>laid that out, so frame it of fourth one more time.

1:11:01.640 --> 1:11:03.400
<v Speaker 3>We'll kind of close it out and give us abe

1:11:03.920 --> 1:11:06.200
<v Speaker 3>let's frame it out. Let's frame it out specifically. I

1:11:06.240 --> 1:11:10.840
<v Speaker 3>actually wrote a medium article where I think I posted

1:11:10.920 --> 1:11:14.719
<v Speaker 3>it January first, where I posted my predictions for twenty

1:11:14.840 --> 1:11:18.400
<v Speaker 3>twenty four. So I created an article in three specific

1:11:18.520 --> 1:11:21.519
<v Speaker 3>niches the your commerce niche, your markets, your money and

1:11:21.600 --> 1:11:23.400
<v Speaker 3>market sniche, and then you're gonna have your crypto, which

1:11:23.439 --> 1:11:26.480
<v Speaker 3>I think are going to be the three overlining narratives

1:11:26.520 --> 1:11:28.559
<v Speaker 3>of twenty twenty four. So let me go ahead and

1:11:28.560 --> 1:11:31.479
<v Speaker 3>pull this up through my eight months of research for

1:11:31.520 --> 1:11:34.240
<v Speaker 3>twenty twenty four. I kind of put this into perspective,

1:11:34.280 --> 1:11:37.840
<v Speaker 3>so you can just type up twenty twenty for Luke

1:11:37.840 --> 1:11:40.280
<v Speaker 3>bellmar predictions two minute read. We'll link it in the

1:11:40.280 --> 1:11:43.400
<v Speaker 3>show notes too. So in the beginning, we have e commerce.

1:11:43.680 --> 1:11:45.800
<v Speaker 3>So these are trends for twenty twenty four. The first

1:11:45.800 --> 1:11:48.920
<v Speaker 3>one is e commerce direct to consumer brands begin to

1:11:48.920 --> 1:11:51.520
<v Speaker 3>receive a new wave of funding in private equity investments.

1:11:51.720 --> 1:11:53.960
<v Speaker 3>So if you look at twenty twenty one twenty twenty two,

1:11:54.320 --> 1:11:57.720
<v Speaker 3>private equity when it comes to e commerce tanked completely.

1:11:58.240 --> 1:12:02.840
<v Speaker 3>I see another research of investments into IP and into

1:12:02.880 --> 1:12:04.800
<v Speaker 3>brand in the e commerce niches. So for all these

1:12:04.880 --> 1:12:07.479
<v Speaker 3>drop shippers, all these white labelers, begin to understand that

1:12:07.520 --> 1:12:08.960
<v Speaker 3>there's going to be businesses that are going to be

1:12:08.960 --> 1:12:12.479
<v Speaker 3>buying business, which I think they're going to be good

1:12:12.479 --> 1:12:15.920
<v Speaker 3>to talk to you to get well positioned. Next is

1:12:16.080 --> 1:12:19.519
<v Speaker 3>INFO products will begin to legitimize themselves and directly compete

1:12:19.520 --> 1:12:22.519
<v Speaker 3>with universities and learning institutions. So now why would I

1:12:22.520 --> 1:12:27.240
<v Speaker 3>listen to this professor that's never been overseas about international

1:12:27.320 --> 1:12:29.759
<v Speaker 3>business when I can go and sit down with somebody

1:12:29.760 --> 1:12:32.280
<v Speaker 3>that has international business experience and just listen to them

1:12:32.280 --> 1:12:36.000
<v Speaker 3>on YouTube. So now you have e learning, which has

1:12:36.080 --> 1:12:40.839
<v Speaker 3>been like almost any phase of new technological advancement, usually

1:12:40.840 --> 1:12:48.799
<v Speaker 3>gets capitalized and captured by low interest and more predatory individuals.

1:12:48.800 --> 1:12:51.880
<v Speaker 3>So you look at twenty seventeen, twenty fifteen, twenty fourteen, crypto,

1:12:51.920 --> 1:12:54.240
<v Speaker 3>it was more scammy, right because it's brand new. There

1:12:54.280 --> 1:12:56.000
<v Speaker 3>isn't real shit built on it. It's the same thing

1:12:56.000 --> 1:12:58.200
<v Speaker 3>with INFO products and e learning. The first people on

1:12:58.200 --> 1:13:00.200
<v Speaker 3>the initial wave was the people that could mil the

1:13:00.200 --> 1:13:03.800
<v Speaker 3>money off. But today you have real, real learning institutions

1:13:03.840 --> 1:13:06.360
<v Speaker 3>online that are competing with the best of the best.

1:13:06.600 --> 1:13:08.320
<v Speaker 3>I see this as a trend in twenty twenty four.

1:13:08.880 --> 1:13:12.160
<v Speaker 3>Next is political themed e commerce and drop shipping, so

1:13:12.360 --> 1:13:15.719
<v Speaker 3>all twenty twenty four because it's an electionnaire. Yes massive.

1:13:16.000 --> 1:13:18.360
<v Speaker 3>I made a ton of money selling a Donald Trump

1:13:18.880 --> 1:13:22.320
<v Speaker 3>coin last election. So it was just a coin that

1:13:22.320 --> 1:13:26.320
<v Speaker 3>had Donald Trump's profile face and it was your memorabilia token,

1:13:26.520 --> 1:13:29.040
<v Speaker 3>and people bought a ton of it. I think these

1:13:29.080 --> 1:13:29.800
<v Speaker 3>do extremely well.

1:13:30.040 --> 1:13:32.519
<v Speaker 1>Shout out to my radio sponsor, universal Coin, and boy

1:13:32.600 --> 1:13:36.439
<v Speaker 1>on they make a special Donald Trump gold coin. So

1:13:36.479 --> 1:13:38.760
<v Speaker 1>if you want to get actual goalcoin, check out universal Coin.

1:13:38.840 --> 1:13:40.680
<v Speaker 3>Yes, so it's not that drop shipping coin. Yeah, it's

1:13:40.680 --> 1:13:45.160
<v Speaker 3>actually real one. Next, you have dominant influencers continue to

1:13:45.160 --> 1:13:48.040
<v Speaker 3>build scale and sell irl businesses. So now you're going

1:13:48.080 --> 1:13:50.439
<v Speaker 3>to begin to see influencers the likes of mister Beast

1:13:51.120 --> 1:13:53.160
<v Speaker 3>and the likes of Luke belmar be in a situation

1:13:53.200 --> 1:13:56.439
<v Speaker 3>whereby you're building collateral businesses like the Nile River that

1:13:56.479 --> 1:13:59.640
<v Speaker 3>we were talking about, as proxy small empires around your

1:13:59.640 --> 1:14:04.120
<v Speaker 3>traffic source. So I see a lot of content creators

1:14:04.160 --> 1:14:07.920
<v Speaker 3>now no longer doing merged these simple kind of basic

1:14:08.040 --> 1:14:11.200
<v Speaker 3>one O ones of commerce, but utilizing their audiences and

1:14:11.200 --> 1:14:14.240
<v Speaker 3>building real products. So now you can translate loyalty from

1:14:14.240 --> 1:14:16.360
<v Speaker 3>here to loyalty here, and once you have loyalty on

1:14:16.400 --> 1:14:17.840
<v Speaker 3>the product, you can sell that company.

1:14:17.920 --> 1:14:18.080
<v Speaker 1>Yeah.

1:14:18.120 --> 1:14:21.679
<v Speaker 3>I love that. Now. NEXTUS Health Longevity and Wellness becomes

1:14:21.760 --> 1:14:25.000
<v Speaker 3>a top white hat monthly recurring revenue e commerce niche

1:14:25.160 --> 1:14:29.960
<v Speaker 3>So I think it was Universal Talent Agency or Universal

1:14:29.960 --> 1:14:33.080
<v Speaker 3>Talent Management that manages all the top guys. Gary Brickett

1:14:33.080 --> 1:14:36.240
<v Speaker 3>told me this. He said they did a massive report

1:14:36.520 --> 1:14:40.200
<v Speaker 3>as to what are the emerging trends in niches and biohacking, longevity,

1:14:40.400 --> 1:14:43.200
<v Speaker 3>health and wellness and anti aging were at the top

1:14:43.360 --> 1:14:48.040
<v Speaker 3>over any other category in all of commerce. So I

1:14:48.040 --> 1:14:51.600
<v Speaker 3>see that being becoming super powerful. Next, I'm big on Shopify,

1:14:52.120 --> 1:14:55.920
<v Speaker 3>So anytime Shopify keeps ramping up, I love it. Money

1:14:55.920 --> 1:14:58.720
<v Speaker 3>and Markets the US continues spending. Nothing new there. We

1:14:58.760 --> 1:15:02.519
<v Speaker 3>already know it, that spiral boom everything that we already know.

1:15:02.560 --> 1:15:05.040
<v Speaker 3>Bitcoin ETF gets approved. Obviously this was written a couple

1:15:05.080 --> 1:15:06.960
<v Speaker 3>of days ago. But now I see a big narrative

1:15:06.960 --> 1:15:09.639
<v Speaker 3>towards ethereum METF. We are going to get in etherym

1:15:09.640 --> 1:15:12.120
<v Speaker 3>METF eventually. It is inevitable when you begin to look

1:15:12.120 --> 1:15:15.080
<v Speaker 3>at all these big companies. They all that bitcoin is

1:15:15.160 --> 1:15:17.360
<v Speaker 3>a financial instrument where they can take a fee, make

1:15:17.439 --> 1:15:20.120
<v Speaker 3>some money and have market dominance. Why wouldn't they They

1:15:20.120 --> 1:15:22.120
<v Speaker 3>do the same with ethereum, and why wouldn't they do

1:15:22.200 --> 1:15:25.000
<v Speaker 3>that the same with a basket of crypto assets. They might,

1:15:25.360 --> 1:15:28.960
<v Speaker 3>so it's worth considering at least paying attention. Next, you

1:15:29.000 --> 1:15:32.840
<v Speaker 3>have your competing layer ones, So you have Salaana, you

1:15:32.880 --> 1:15:35.680
<v Speaker 3>have a vactually have these other kind of chains that

1:15:35.680 --> 1:15:39.760
<v Speaker 3>people like to have high frequency trading ecosystems take place. So,

1:15:39.840 --> 1:15:43.160
<v Speaker 3>for example, you have this whole shitcoin ecosystem, which people

1:15:43.200 --> 1:15:45.799
<v Speaker 3>like it. Hete it. It's irrelevant, it's a system that exists.

1:15:46.520 --> 1:15:49.280
<v Speaker 3>Bitcoin can't sustain that ecosystem because Bitcoin isn't designed for

1:15:49.320 --> 1:15:51.680
<v Speaker 3>high frequency trading. So now you see a lot of

1:15:51.720 --> 1:15:54.120
<v Speaker 3>layer ones that are designed for people that want to

1:15:54.120 --> 1:15:56.320
<v Speaker 3>buy six dollars worth of something and it's only going

1:15:56.400 --> 1:15:57.920
<v Speaker 3>to cost them a fraction of a penny. There's a

1:15:57.960 --> 1:15:59.559
<v Speaker 3>market for that. I think that that's going to be

1:15:59.560 --> 1:16:01.880
<v Speaker 3>one of the arratives that's going to be taking place

1:16:01.920 --> 1:16:04.160
<v Speaker 3>when it comes to money in markets. So anything that's

1:16:04.240 --> 1:16:06.519
<v Speaker 3>layer ones that dominate with high frequency trading, I think

1:16:06.560 --> 1:16:10.800
<v Speaker 3>it's going to be dope. PayPal and Robinhood stock super

1:16:10.880 --> 1:16:14.000
<v Speaker 3>underperformed stocks. I think now that the market begins to

1:16:14.320 --> 1:16:17.240
<v Speaker 3>take form, I think that there's a high likelihood that

1:16:17.280 --> 1:16:21.280
<v Speaker 3>these stocks perform extremely well. Venture capital, private equity begins

1:16:21.280 --> 1:16:24.360
<v Speaker 3>to invest into crypto infrastructure, so a lot of companies

1:16:24.360 --> 1:16:27.320
<v Speaker 3>that are risk adverse towards projects that have token allocations

1:16:27.320 --> 1:16:29.680
<v Speaker 3>and tokens. There's companies that will not touch this for

1:16:29.800 --> 1:16:32.840
<v Speaker 3>legal purposes, but they will still buy infrastructure in crypto.

1:16:32.880 --> 1:16:35.280
<v Speaker 3>They will still buy SaaS and crypto. So for builders,

1:16:35.840 --> 1:16:37.639
<v Speaker 3>you don't necessarily need to launch a token. You don't

1:16:37.680 --> 1:16:40.519
<v Speaker 3>necessarily need to build something that's what's already been built.

1:16:40.600 --> 1:16:43.880
<v Speaker 3>You can build a crypto friendly company that is of

1:16:44.000 --> 1:16:46.320
<v Speaker 3>interest for people that are in the crypto space, but

1:16:46.360 --> 1:16:48.640
<v Speaker 3>that isn't tied to crypto specifically.

1:16:48.720 --> 1:16:51.519
<v Speaker 1>And shout out to my fund, Bitcoin Opportunity Fund. We're

1:16:51.560 --> 1:16:54.040
<v Speaker 1>investing in through the infrastructure of the bigoin ecosystem.

1:16:54.080 --> 1:16:57.080
<v Speaker 3>Perfect. So now you have the example right, So now

1:16:57.120 --> 1:17:00.799
<v Speaker 3>you can invest not in tokens, but in that sustain

1:17:00.880 --> 1:17:03.519
<v Speaker 3>the crypto ecosystem. I see a massive narrative there for

1:17:03.560 --> 1:17:07.679
<v Speaker 3>crypto and DeFi. DeFi platforms shift focused to reducing retail

1:17:07.760 --> 1:17:11.080
<v Speaker 3>onboarding friction and begin to compete head on with centralized exchanges.

1:17:11.160 --> 1:17:15.240
<v Speaker 3>So you have the likes of Jupiter Exchange or Phantom wallet.

1:17:15.240 --> 1:17:17.280
<v Speaker 3>If if I was to show you Phantom wallet right now,

1:17:17.439 --> 1:17:19.479
<v Speaker 3>I download the phantom wad. In thirty seconds, I open

1:17:19.560 --> 1:17:22.040
<v Speaker 3>up Jupiter Exchange, somebody sends me USDC, and I'm trading.

1:17:22.040 --> 1:17:24.599
<v Speaker 3>In ten minutes for me to open up a Robinhood account,

1:17:24.640 --> 1:17:29.360
<v Speaker 3>get kyced, fund it connect ah, connect my card, get

1:17:29.360 --> 1:17:32.040
<v Speaker 3>it funded, buy some bitcoin takes a long time. I

1:17:32.080 --> 1:17:36.040
<v Speaker 3>see DeFi very soon competing hand head on hand hand

1:17:36.720 --> 1:17:40.439
<v Speaker 3>with centralized exchanges, with your wee bowls, with your e trades,

1:17:40.600 --> 1:17:43.519
<v Speaker 3>with your merit trades. DeFi is getting really really crazy,

1:17:43.520 --> 1:17:46.080
<v Speaker 3>and it's getting really really well funded. So I'd be

1:17:46.120 --> 1:17:50.120
<v Speaker 3>looking at these NFTs with high viral IP become multi

1:17:50.120 --> 1:17:53.680
<v Speaker 3>billion dollar brands. So NFTs are merely your ability to

1:17:54.400 --> 1:17:56.519
<v Speaker 3>hold onto a percentage or a piece of a company

1:17:56.600 --> 1:17:59.400
<v Speaker 3>or be part of a community. Companies that have high

1:17:59.479 --> 1:18:01.599
<v Speaker 3>value IP that can merge into the real world are

1:18:01.600 --> 1:18:02.960
<v Speaker 3>going to do extremely well. You have the likes of

1:18:03.000 --> 1:18:05.280
<v Speaker 3>Pudge Penguins. You have a couple other companies that are

1:18:05.280 --> 1:18:08.519
<v Speaker 3>doing extremely well, these are worth considering and looking into

1:18:08.680 --> 1:18:10.720
<v Speaker 3>only if they have real world applications. You look at

1:18:10.720 --> 1:18:14.000
<v Speaker 3>the likes of you talked about Pokemon, right, Pokemon, that's IP,

1:18:14.560 --> 1:18:16.880
<v Speaker 3>So you're not investing in Pokemon cards, You're investing into

1:18:16.960 --> 1:18:20.280
<v Speaker 3>the IP that gives the Pokemon cards value. And I

1:18:20.280 --> 1:18:21.880
<v Speaker 3>think that that's one of these narratives that's going to

1:18:21.880 --> 1:18:25.519
<v Speaker 3>be taking place. Next is tokenized assets under management. So

1:18:25.560 --> 1:18:29.080
<v Speaker 3>I see a big play. Larry Fink's begins and has

1:18:29.120 --> 1:18:33.719
<v Speaker 3>been talking about the tokenization of all real world assets. Everything,

1:18:33.880 --> 1:18:39.599
<v Speaker 3>real estate, mortgages, your bank statements, your car loan, your house,

1:18:40.800 --> 1:18:44.840
<v Speaker 3>anything is going to be tokenized. So companies that begin

1:18:44.920 --> 1:18:47.880
<v Speaker 3>to build portfolios or begin to take money in to

1:18:48.400 --> 1:18:50.960
<v Speaker 3>manage assets in a tokenized format, I think are to

1:18:51.000 --> 1:18:54.360
<v Speaker 3>be kind of extremely popular. Next, we have more publicly

1:18:54.400 --> 1:18:57.360
<v Speaker 3>traded companies begin to add bitcoin to their balance sheets.

1:18:57.600 --> 1:18:59.640
<v Speaker 3>I think, now that you had this reporting system kind

1:18:59.640 --> 1:19:02.479
<v Speaker 3>of up, my companies have bitcoin in their balance sheet,

1:19:02.720 --> 1:19:05.320
<v Speaker 3>it's never gonna it's never gonna leave. I think more

1:19:05.320 --> 1:19:07.240
<v Speaker 3>public listed companies are going to begin adopting it. I

1:19:07.240 --> 1:19:10.000
<v Speaker 3>think that's gonna be huge. And then one of the

1:19:10.040 --> 1:19:13.479
<v Speaker 3>big ones is Layer one Smart contracts focused on parallel

1:19:13.479 --> 1:19:16.160
<v Speaker 3>execution of the EVM, which is the Ethereum Virtual Machine

1:19:16.360 --> 1:19:20.439
<v Speaker 3>become popular. So this is basically l ones or different

1:19:20.439 --> 1:19:23.559
<v Speaker 3>projects that allow Ethereum to not operate like a piece

1:19:23.560 --> 1:19:25.439
<v Speaker 3>of shit, because right now it operates like a piece

1:19:25.479 --> 1:19:28.040
<v Speaker 3>of shit. And then finally, the big one for the

1:19:28.280 --> 1:19:30.800
<v Speaker 3>end of the year is the middle class officially gets

1:19:30.840 --> 1:19:33.639
<v Speaker 3>priced out of buying one full bitcoin.

1:19:34.280 --> 1:19:35.920
<v Speaker 1>Certainly a few of those are going to play out.

1:19:36.960 --> 1:19:40.200
<v Speaker 1>Sounds pretty good, sounds pretty ambitious. All right, Well man,

1:19:40.200 --> 1:19:42.000
<v Speaker 1>we've covered a lot of ground. I think that's probably

1:19:42.000 --> 1:19:44.040
<v Speaker 1>a good place to break it off. Thanks for having me.

1:19:44.040 --> 1:19:46.679
<v Speaker 1>That's so we'll focus on for next year. Position yourself

1:19:46.680 --> 1:19:49.960
<v Speaker 1>in one of those areas. If I'm going to summarize

1:19:50.000 --> 1:19:54.320
<v Speaker 1>this for people listening, focus on yourself. Work for free

1:19:54.360 --> 1:19:56.320
<v Speaker 1>so you can build a skill, deliver the skill to

1:19:56.360 --> 1:19:58.479
<v Speaker 1>the to the marketplace for free, and tell someone wants

1:19:58.520 --> 1:20:01.120
<v Speaker 1>to pay you for it. Once you've created that wealth,

1:20:01.880 --> 1:20:04.559
<v Speaker 1>learn to control where you work and when you work,

1:20:06.000 --> 1:20:09.559
<v Speaker 1>and then parlay that money into some places that you

1:20:09.600 --> 1:20:12.599
<v Speaker 1>can multiply that wealth. Here's a whole bunch of themes

1:20:12.600 --> 1:20:16.880
<v Speaker 1>that you can do this and continue to build your wealth.

1:20:16.960 --> 1:20:18.200
<v Speaker 1>And grow your wealth and then.

1:20:18.160 --> 1:20:20.120
<v Speaker 3>Protect it so you can protect your freedom and sovereignty.

1:20:20.240 --> 1:20:22.960
<v Speaker 3>Can I mention the protection real quick? The protection I

1:20:23.040 --> 1:20:24.720
<v Speaker 3>divide it into two things. And this is kind of

1:20:24.760 --> 1:20:28.080
<v Speaker 3>a left left kind of curveball. It has nothing to

1:20:28.080 --> 1:20:30.479
<v Speaker 3>do with yourself. It has to do with the people

1:20:30.479 --> 1:20:33.240
<v Speaker 3>that you bring. So to preserve your wealth, you need

1:20:33.240 --> 1:20:34.840
<v Speaker 3>a wealth. You need it. You need you need a

1:20:34.880 --> 1:20:39.000
<v Speaker 3>financial advisor, a financial planner. You can't assume that just

1:20:39.040 --> 1:20:42.200
<v Speaker 3>because you said just because you're good in one business

1:20:42.280 --> 1:20:44.400
<v Speaker 3>doesn't mean you're good in every business. And just because

1:20:44.439 --> 1:20:46.040
<v Speaker 3>you're good at making money doesn't mean you're good at

1:20:46.120 --> 1:20:49.040
<v Speaker 3>keeping it. Yeah. So in my life, the first thing

1:20:49.080 --> 1:20:50.600
<v Speaker 3>I did as soon as I began to make a

1:20:50.640 --> 1:20:52.920
<v Speaker 3>little bit of money, I found a financial advisor or

1:20:52.960 --> 1:20:55.879
<v Speaker 3>a financial planner that had my risk appetite or understood

1:20:55.880 --> 1:20:58.320
<v Speaker 3>my risk appetite and could help me position a portfolio.

1:20:58.439 --> 1:21:01.000
<v Speaker 3>Whether it was a mentor, it was somebody that's a

1:21:01.040 --> 1:21:04.599
<v Speaker 3>CPA and actually specialized in this. I have found these people.

1:21:05.000 --> 1:21:07.479
<v Speaker 3>Next is a financial role model. So if I want

1:21:07.520 --> 1:21:09.040
<v Speaker 3>to preserve my wealth, I need to look at somebody

1:21:09.080 --> 1:21:11.920
<v Speaker 3>that's been able to do this model prior and take

1:21:11.960 --> 1:21:14.200
<v Speaker 3>from them, right, So take from their ingredients, take from

1:21:14.240 --> 1:21:16.640
<v Speaker 3>their recipes, and put something together for me. Take the

1:21:16.720 --> 1:21:19.160
<v Speaker 3>likes of Warren Buffett. Warren Buffett has his principles of

1:21:19.920 --> 1:21:23.240
<v Speaker 3>if you're too diversified, you're ignorant, right deal box? Yeah, so,

1:21:23.920 --> 1:21:26.320
<v Speaker 3>or if you invest everything into one, you're putting both

1:21:26.360 --> 1:21:30.320
<v Speaker 3>feet into the lake. Too much risk. So somewhere with

1:21:30.439 --> 1:21:33.360
<v Speaker 3>them there is his financial model of wealth preservation. You

1:21:33.400 --> 1:21:36.559
<v Speaker 3>need to find who kind of aligns with you, learn

1:21:36.640 --> 1:21:39.439
<v Speaker 3>from them, become mentored by them, find a financial advisor

1:21:39.479 --> 1:21:41.920
<v Speaker 3>that can help you manage this area, which is very

1:21:41.920 --> 1:21:44.600
<v Speaker 3>different than making money and being an entrepreneur. And I

1:21:44.640 --> 1:21:49.000
<v Speaker 3>think having advisors, having counsel and having people that do

1:21:49.160 --> 1:21:52.040
<v Speaker 3>this management in store for me and kind of think

1:21:52.040 --> 1:21:54.639
<v Speaker 3>about the future of what I've already built, have been

1:21:54.640 --> 1:21:57.759
<v Speaker 3>able to position me for the preservation of wealth. Awesome

1:21:58.720 --> 1:22:00.920
<v Speaker 3>that was to sign it off. Thank you, Billmer, Thank

1:22:01.000 --> 1:22:03.000
<v Speaker 3>you for having me Mark Moss such a pleasure. Likewise,

1:22:03.560 --> 1:22:04.360
<v Speaker 3>all right, that's a wrap.

1:22:04.400 --> 1:22:07.439
<v Speaker 1>Hopefully you've enjoyed this interview I did with Luke belmar Boy.

1:22:07.720 --> 1:22:11.360
<v Speaker 1>I know he's young, but don't overlook his accomplishments because

1:22:11.400 --> 1:22:11.920
<v Speaker 1>of his age.

1:22:12.040 --> 1:22:13.120
<v Speaker 2>There's a wealth.

1:22:12.880 --> 1:22:15.080
<v Speaker 1>Of wisdom that we can all learn because we can

1:22:15.160 --> 1:22:17.920
<v Speaker 1>learn from anything and anybody, but specifically we can learn

1:22:17.920 --> 1:22:20.360
<v Speaker 1>from somebody who came from nothing and made that much money.

1:22:20.479 --> 1:22:21.960
<v Speaker 1>Make sure to give him a follow. Check out all

1:22:21.960 --> 1:22:24.080
<v Speaker 1>those links down below. Also, like I said, join me

1:22:24.200 --> 1:22:26.559
<v Speaker 1>live as we talk about how we're going to navigate

1:22:26.960 --> 1:22:29.439
<v Speaker 1>what's happening with our central bank and our government and

1:22:29.520 --> 1:22:30.360
<v Speaker 1>really about the world.

1:22:30.360 --> 1:22:32.160
<v Speaker 2>I'm going to show you all the charts to graphs.

1:22:31.840 --> 1:22:33.880
<v Speaker 1>How we should be building our portfolios to deal with

1:22:33.920 --> 1:22:36.400
<v Speaker 1>this so we can survive and three twenty twenty four

1:22:36.439 --> 1:22:38.000
<v Speaker 1>without dealing with all the volatility.

1:22:38.160 --> 1:22:40.240
<v Speaker 2>There's a link down below. Come join me. That's what

1:22:40.280 --> 1:22:41.360
<v Speaker 2>I got. Hope you enjoyed it.

1:22:41.360 --> 1:22:42.840
<v Speaker 3>To your success out