The Wolf Of All Streets - “Taking the Red Pill” with Hotep Jesus, Popular Media Personality
Episode Date: November 10, 2020Bryan Sharpe, better known as Hotep Jesus, consistently challenges the status quo. At a young age his father began to introduce Hotep to ideas outside the mainstream narrative that put him on a cours...e towards societal mastery rather than servitude. He took the "red pill" and today owns 3 businesses and never intends to work for anyone. He continues to grow his knowledge and spread awareness to those that metaphorically haven’t "woken up" yet. Scott Melker and Hotep Jesus further discussed taking the red pill, demanding free coffee from Starbucks, left v. right politics, conspiracy theories, the birth of Hotep Jesus, the state and its central bank, capitalism mixed with anarchism, a world currency, traditional investors vs Bitcoin investors, a “Bitcoin board of attorneys,” deep fakes, ICO’s and more. --- ROUNDLYX RoundlyX allows you to dollar-cost-average into crypto with our spare change "Roundup" investing tool, manage multiple crypto exchange accounts in one dashboard and access curated digital asset content and services. Visit RoundlyX and use promo code "WOLF" to learn more about accumulating your favorite digital assets when making everyday purchases and earn $4 in free Bitcoin. --- EQUOS Diginex is the first company with a cryptocurrency exchange to be listed in the US. That exchange, EQUOS, has been built to institutional standards, but is available to everyone. You can trade Bitcoin and Ethereum spot, as well as Bitcoin perpetuals, and get a 5% discount on all fees, by signing up using equos.com/wolf. --- CELSIUS With the Celsius app you can earn up to 15% APY rewards on over 30 cryptocurrencies. Have crypto but want cash? Celsius also offers the lowest cost loans against your crypto with interest rates starting at just 1% APR. Enter promo code WOLF when you sign up and get $20 in BTC! Users must transfer and hold at least $200 of any coin for 30 days to be eligible for the reward. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
Transcript
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I'd like to thank my sponsors, Celsius, Equus, and Round the X for making this episode possible.
Stay tuned later in the episode for more info.
What is up, everybody?
I'm Scott Melker, and this is the Wolf of All Streets podcast.
Today's guest is an entrepreneur, author, and the undisputed king of controversial hot
takes.
With his unique thoughts on history, politics, and race, Hotep has garnered the attention
from Fox News, Joe Rogan, Vice, and more.
I intend to dig deep today into what makes him tick, his thoughts on politics and race in America, and why he's seemingly taken the red pill and exited the matrix.
I'm also really interested in where he thinks Bitcoin fits into the equation, of course.
Hotep, Jesus, man, thank you so much for coming on and taking the time.
It's a pleasure. Thank you for having me, Scott.
Yeah, of course. So before we get into the questions, I have to remind everyone once
again, this is the Wolf of All Streets podcast. I'm your host, Scott Melker. And twice a week,
we talk to your favorite personalities from the worlds of Bitcoin, finance, trading, art, music,
sports, and politics. The show is powered by Blockworks Group, a media company with over
20 podcasts in their network. You can check them out at blockworksgroup.io. And if you follow the podcast, follow me on Twitter, then you should
definitely check out my website newsletter. That's at thewolfofallstreets.io. And that is it for
that part. So, man, I got to ask you, did you earn yourself a free coffee for life at Starbucks or
what? I wish. I'm having a cappuccino from the Bucks right now, actually.
So, man, tell me the Starbucks story, because I know that that went hugely viral. I saw you
on Fox News talking about it. I mean, crazy. What was that about?
Trolling, you know, nice little prank. I saw that some gentlemen had some real legit issues, uh, with, uh, a
Starbucks experience. Police were called on them, um, which is something that's not out of the
ordinary when you're black in America. But the response to it, I felt was, um, hyperbolic,
uh, to say the least. And I was just like, oh, it's not that serious.
Like, it's a problem that we're accustomed to.
But, you know, the huge uproar, I was just like, wow, is it really that serious?
So I took advantage of it and turned it into a media opportunity.
And prior to that, there's two predictions I made.
I said, is there a possibility that, you know, I could get on Fox News?
And the other thing that turned out to be a prediction was I said, if you follow a liberal narrative, they'll push you to the upper ranks of society and give you high visibility.
And both of those things came to be true with my stunt.
That's interesting. Like, were you a fan of Fox News or it was more
like just a challenge to obviously get yourself exposure there? I knew that I wasn't welcome
at the left wing media, pretty much blackballed. So my only hope to get any mainstream visibility
and to reach the homes of America was through Fox News. It was the last place that I could possibly be welcomed
and have a voice at.
So that's why I took aim at it.
That's a really crazy story.
So, I mean, how did this all start?
Obviously, like everybody sort of grows into their,
like I said, I mentioned, you know,
you've said you take the red pill,
you kind of detach from the matrix,
you have this grand awakening.
How did that all happen for you?
Because I think it comes at different points in different people's lives,
or most likely never, right? I mean, most people just never get there.
Yeah. So I like to say I was born hotel, you know, my dad had given me a lot of material to read. Some of them was on the AIDS conspiracy. And my father was ex-military.
He was in the intelligence section of the military. So there were stories he would tell me
that pretty much expanded my mind. And he basically, at a very early age, planted the
seeds that what you see in the
media is not exactly real. What you understand about this world and what's popular to understand
about this world is not real. So he planted those seeds real early. Now, the specifics of it all,
I've taken to another level with my studies. But I, some contributing things were like Alex Jones contributed to the red pill, a documentary by the called The Ring of Power contributed greatly.
And the documentary Zeitgeist and some 9-11 documentaries and things, you know, kind of just took me to the next level of of the red pill.
And then there's higher levels to that.
I always find it interesting where you draw the line, not you specifically, but an individual draws the line on what is like acceptable conspiracy theory and what is just like going
too far. Because obviously like some things we see are true, right? I mean, I'm not saying in
the media necessarily, some things are true. Some things are obviously false. How do you discern,
you know, what you view as truth and what you view as conspiracy?
Well, I don't know if conspiracy is the antithesis to truth. You know, there are,
you know, conspiracy and then there's conspiracy so-called theory.
But there are, in fact, conspiracies and that is truth. Now, what you decipher as truth
has to be extrapolated from the studies. For example, when we talk about socialism and
communism, some people would describe socialism as the workers owning the means of production. And then when I try to think that
through logistically, it seems like a large nightmare because how does a group of people
manage resources without some sort of centralized planning, which led me to the realization that
socialism and communism can be succinctly defined as centralization of power. So, you know, nobody taught me that. It was
me asking, hey, how can I read up? How can I learn more about socialism? I go and study the Russian
Revolution, which is probably the dawn of modern socialism and communism. And I created that definition on my own for what I know to be true.
For example, they in I believe it was the Communist Manifesto push for centralized banking.
And actually, no, it's not the Communist Manifesto. It's Lenin. Lenin is the one who said that, you know, I think he said 90% of communism requires installing a central bank, which
supports my argument that socialism and communism is basically just centralization of power.
So truth, truth, there's accepted truth, and then there's your own truth. What is accepted truth,
you have to read the room and kind of see what that is. And you can kick the bee's nest sometimes. You'll tweet something and you'll quickly find out that's not acceptable. There are certain things when you speak to a conservative crowd that are acceptable and unacceptable. And the same thing with liberals. to offend liberals and progressives and socialists than it is to offend conservatives,
because there are just more things that offend liberals. It's not really hard. With conservatives,
there are things you can do to kick the beast's nest over there as well. It's just much easier
to kick the beast's nest than liberals. So, you know, that's why I think Twitter is powerful.
Me having a large platform is powerful because I can tweet something and then quickly read the room and say, oh, OK, this is, you know, here's what I've studied.
Here's what I found to be true. And, you know, let me throw this into the piranha tank and see who bites.
And then you can read those reactions and see what's acceptable and what's not acceptable.
It's interesting as a trader, like I view sentiment as a huge part of the information
that I use, obviously, to, as you said, to gauge the room, to decide where price is likely to go.
I mean, every time I look at a chart, I'm looking at it and thinking, where are people going to be
scared? Where are people going to be greedy? You know what I mean? And it sounds like that's kind of how you treat
Twitter and people is like, you might throw out a hot take, like I mentioned in the intro or
something that, you know, you're just trying to gauge the reaction and see what's going to happen,
right? It may not even be fully what you believe. You just want to see how people are going to
respond to it. Is that true? Um, partly, um, what I tweet is what I believe.
Right. Um, I don't, I don't feign anything. Um, it's just that, um, sometimes I know what's going
to kick the bee's nest, but it all started from accidentally kicking the bee's nest. I'm like,
Oh, look, I found this piece of information. This is so cool. Let me share. And then you share it. And it's just like, rawr. And it's just like, Oh,
wait, okay. You guys don't like that. All right. You know, I wasn't allowed to say it. I didn't
know you felt so adamant about that. For example, if I want to kick the beast's nest with the right,
all I have to do is just type in, I love reparations, right? Or I want my reparations.
And they're going to be like, Oh no, you don want my reparations. And they're going to be like,
oh no, you don't need reparations. And it's just like, oh, okay. So, you know, as a black person,
you have to stick to the talking points when you're with the right and you have to stick
to the talking points when you're with the left. So there's this accepted truth and then
your own self-truth. And what you choose to share
is going to shape people's perception of you.
And by what you share,
you can use that perception to your advantage or disadvantage.
Yeah, we talked about, obviously,
your feelings on socialism and communism.
But what are your feelings on the two-party system in general?
Because a lot of people would argue, obviously, they're kind of flip sides of the same coin. It's all
the same sort of big machine. Should there be a third party? Should we not have a two party system?
Do you think that people should be able to blindly associate with one or the others,
all of their beliefs? You know, I find it very hard to put myself in a basket of
the comprehensive beliefs of either side personally.
Yeah, I can loosely be described as an anarcho capitalist.
So I I don't like any parts of the government. I don't think the state should exist at all.
So both parties to me are complete and utter trash.
But I think there's I think there's upper level and
there's a lower level, right? Like there's the establishment right and left. And then there's
the people right and left. I'm much more closely aligned and more empathetic to the woes of the
right or conservatives. I'm probably more in alignment with libertarians, but people have
been snubbed by the libertarian party, so I don't like any of these parties. What I think people
should think about is a piece of history where there was a third party that emerged and almost
won an election. I can't remember what year. I have to go back through my studies and find it.
But there was an anti Freemason party that became really popular because the people at that time understood that both parties were controlled by Freemasonry.
So they wanted somebody who wasn't of that cult or cabal and exclusive group of people.
So when I look at the two parties, I don't see the past being much different than the
present in that regards, because both of these groups are essentially controlled by the people
with the money, whatever class that may be.
How do we change it?
Well, Andrew Breitbart says politics is downstream from culture. So if you want to
change anything in this country, you have to change the culture. I think a lot of it has to
deal with practicing empathy. For example, the left has many legitimate gripes. And socialists have many legitimate gripes. I think where socialists go
wrong is with their solutions for these problems. But I think where the right goes wrong is with,
or both sides really, they go wrong. They're not tolerant of opposing opinions. There's no empathy. There's no sympathy.
There's no humanity. The left definitely doesn't have any humanity left, but there's no listening.
Right. You know, so when I speak to a leftist, the first thing I want to do is find all the places where we align and start from there. It seems that when we have these conversations,
first of all, I mean, the left is quite visceral
in their reactions to everything. So when you're dealing with emotional people, you'll have to
first practice empathy, and then you can kind of pull them to your side and position yourself as
an ally as opposed to an enemy.
And then and then when they see that, hey, look, this guy isn't an enemy. He's not here to combat.
I mean, he really wants to learn and understand this and we can find some sort of common ground.
We can kind of move from there. The problem is that the right is basically a reaction to the left.
The left controls all the conversations. You know, if the left is talking
about abortion, the right is going to talk about abortion. If the left is talking about Trump,
the right is going to talk about Trump. So the left is playing, they're like Alex Trebek,
and the right are the contestants. And they're reacting to whatever Alex Trebek says,
the topics we're going to discuss are. And that's the problem, you know,
and that's kind of like where Hotep's different, where, you know, we,
we know what we're trying to do.
There's a mantra amongst us called Hotep and build. So, you know,
we focus on technology and building startups and economics and finance.
So when you deal with us, you already know what our goals are and
what our mission and what our agenda is. Whereas the right, it's kind of like their mission is
whatever is in juxtaposition to whatever the left is. It's like, well, I think what means a lot to you is
like two-way and family. So I would just hammer home on those two points. But to get back to the
Andrew Breitbart point about culture, I think people have to really check the culture of their
family and then their culture of behavior online. I know the left is going to act like two year olds.
And sometimes the right feeds into that. The one thing about a two year old is you never want to feed into their emotions because when you feed into their emotions, you validate them.
And the right does a poor job of validating that. I mean, well, they do a great job of validating that.
And I think that's a poor decision. I think the right should just
stick to what they believe to be true, their religion and Christianity, their family,
and stick to those talking points and control the conversation instead of letting the left
control the conversation. Where's the name HOTEP come from?
It was given to us. The actual definition means to be at peace, rest,
satisfaction. I'm a student of Shaka Agmos, a Nile Valley movement. And so for us, HOTEP was
a greeting. And then right around the time Mike Brown, Trayvon Martin and all of them died, Black Lives Matter emerged.
Third wave feminism became stronger and it became much stronger amongst black people and black women.
So around that time, I sympathize with the death of Mike Brown, the death of Trayvon Martin and Tamir Rice.
And I saw that as an ongoing problem in America. I think where
the road forked was in the solutions to the problem. For example, I remember tweeting,
hey guys, we should boycott the NFL. And I was lambasted and ostracized for the idea of that.
And here we are years later and everybody's taking aim at the NFL
post Kaepernick. Right. And I said things like, Hey, let's boycott Nike. Um, you know, because
they're in the pockets of China. I've said this, I said this years ago, you know, I burnt my,
my Nikes in like 2011 or something like that on video on a it's called Daddy Boston Winner. And so, you know about black people, stop depending on white people to educate your children
and then create your own businesses
to support your own family, your own farming,
your own food sources, so on and so forth.
And that was my reaction to it.
And the left's reaction to that was,
well, white supremacy is still going to exist.
We have to deconstruct the patriarchy and
deconstruct the system of white supremacy. And I'm just like, no, that's not exactly a solution.
So their response to me was to call me Hotep. And I'm like, you can't be a Hotep. It means like
peace. And we use it as a greeting or an exit, you know, like, you know, good night. Um, and, uh, you know, after, you know, a thousand people
calling me hotep, I was like, fine, screw it. We're hoteps now. Like, so it went from, um,
you know, a greeting to a noun, uh, they're using as a pejorative, but we grabbed the term and
exalted it to give it a better meaning. Um, and then, uh, I was at that time, I was going through a very
deep spiritual awakening and I was speaking or tweeting, uh, straight from my soul. And so
somebody, uh, said, what are you some type of hotep Jesus? And I was just like, it's kind of
got a ring to it. You know what I am. And then that's where we are now. It's bold to take the
name Jesus and make it your own. Yeah. Yeah. Uh, you know, um, you have
to enter into action with boldness. Um, you know, uh, there's a lot of negative that can come along
with, uh, taking on a name like Jesus. But, uh, if you believe in yourself, you believe in your
mission and you, uh, practice, um, subconscious conditioning, um, you know, such as what is it that Napoleon Hill teaches?
I forget. Auto suggestion. You practice auto suggestion.
You know, the negative ramifications that come along with these things don't apply to you because you're not thinking about them. They apply to everybody else, but they don't apply to me.
And I've embraced the name Jesus.
And I love the story of Jesus.
I'm not Christian anymore.
I don't identify as Christian, although I was raised Catholic and confirmed Catholic.
But it's not any dis to Christians.
It's not any dis to Jesus.
I'm not trying to replace Jesus.
But I think it's the fact that, you know, the guy's name wasn't even Jesus.
So it's like, you know, it's also pointing out people's ignorance because when people say, hey, you know, you're using this name Jesus. And it's a little like Jesus, um, technically was also, uh, another name for
Joseph. And then we can get into the whole thing about the letter J didn't exist in, in whatever,
have you. But, um, I think the real name was, uh, Yahweh or Yeshua or Yod-Heh-Vav-Heh, which is Hebrew. God, yeah. Yeah, which could also be construed with the Tetragrammaton,
and there's some mathematical applications to that name as well.
So there's a lot of things I know about the story of Jesus
that are not mainstream. So I feel like when it comes
to Jesus, I have more intellectual prowess over it than the people who covered them.
So you touched on something earlier, which I think that this audience will really be interested in
hearing your thoughts on. So you were talking about Lennon and the central bank.
We talk about the central bank here all the time. So what do you make of current monetary and fiscal
policy, the behavior of the central banks? And is it a train that's out of control or something
that can be stopped? Is it a train that's out of control and can it be stopped?
I mean, it's hard to stop printing.
Yeah. I mean, there's two responses to that, right? There's an optimistic one and there's a pessimistic one. I'm a realist, so I'm going to go ahead and say it's not going to be stopped. I mean, you can't even stop the left from criticizing you for identifying as just male and female.
So how are you going to stop this huge system of central banking when you can't even handle these pussy hat wearing people? You know, like the central bank is probably the foremost problem in America.
And the conversation is never there. The conversation is always redirected to something else that's lowered down the totem pole of the power structure.
So until people can stay focused and say, hey, let's let's's, you know, let's, let's focus on this beast
here and let's do something about this. I don't see that happening. I mean, um, people don't
understand what money is. People don't, uh, study economics. Um, so, uh, you're dealing with,
I think, I think what the powers that be do a great job of is keeping people dumb.
So when you're dealing with the dumb population, it's easy to control.
And, you know, I'd say like 80% of the population is just really stupid.
Even the ones that are so-called educated, we call them paper on the wall Negroes, you know, and they got their college degrees.
To me, I hear them talk and I'm just like here, like Charlie Brown.
There's no substance at all. So, you know, unless you can figure out a way the Fed operates. I mean, this system,
I have a new book coming out too, where I actually go into the relationship between the state and the money men. And this isn't actually new. This goes back to, I want to say in my studies, like 15th century. I mean, the dawn of the stock exchange
starts at, I want to say the 17th or 16th century. And, you know, the printing of bank notes,
what's the word I'm looking for? Stock jobbing. Stock jobbing was a practice for a really long
while and manipulating money has been around, I want to say, since the 13th century. So this isn't
a new thing. I just think fractional reserve banking might be new as far as the last 200
years are concerned. I know the French bank pretty much took power in 1913. But when you
have people who believe in a state, that's what you get, you know, and then when you mentioned,
hey, look like, you know, you should check out this thing called anarchism. People have been
perfectly made ignorant to what anarchy is or could be. So therefore, they are status.
And if you're a status, then central bank is what
you're going to get. Right. You talk about people don't understand what money is. And basically,
you're saying that if you're a status, you don't question your money because you trust
your government inherently and therefore you trust the money, right? Yeah. I mean, you're trusting these elected officials to make
decisions on your behalf. But these people are in the pockets of corporations, which again,
goes back to the relationship of the trader with the king. So it's like, who are, who is your real,
who is your real, who should you pay attention to more? Should you pay attention to more?
Should you pay attention to the politicians or should you pay attention to the corporations
if the corporations are the one that's funding your state?
So I think people need to pay attention to how the corporations and the banks work and
direct their focus at them and ignore the state completely.
I think that if people had more control over their ego, the state would become obsolete. The state only exists because people don't know how to act.
Talk about anarchy, then. What does it mean to you when you state that it's not probably what everybody's common perception of is? Because obviously, that's a triggering word for most people, right? You hear anarchy and you picture people running around lighting fires and shooting guns in the air or something, you know? Yeah. Yeah. Um, yeah, they, they've done a great
job of making anarchy become synonymous with chaos. Um, but in depending on what dictionary dictionary you check, it actually could be defined as a utopian society. But I think what it really
means is just the lack of existence of the state. I think to get a better understanding of this,
you should probably check out Michael Malice. You should probably check out Rothbard and the Mises Institute. You know, I'm followed by the Mises Institute. And, you know, I wouldn't say I'm an expert. You know, I'm new to this concept of anarchy because I was one of those people who were brainwashed before when I saw the word anarchy. I was just like, oh, no, what are you talking about? You know, like we need this state until somebody was like, hey, check this out. And I read it and I'm like, Oh, Oh, I get it now. I totally get it. Um, but I
think that goes back to me being an open-minded person where if you're ready to present me some
information, I'll take a look at it, you know? Um, but I had never understood, um, the relationship
between the people in the state. I mean, I think, uh, anarchy is on kind of the
same trajectory as atheist, right? Like when I was young and atheists, like people, it was,
it was a word that was just looked down on and people thought you were nuts. And I kind of came
to that conclusion in my life, you know, on my own. And I think that it was a misconstrued word
and it's largely ends up people who, you know,
think critically about their environment and come to a decision whether other
people agree with that or not. And anarchy, as I've understood it,
as you described it kind of has the same negative connotation,
but the reality of what people think it is, is not what it could ideally be.
But, but I think the question then becomes,
what does a world with no state look like?
How does it function?
Yeah.
So I want to touch on, you said, what is that thing called where you don't believe in God
again?
Atheism.
I mean, some people would, there's, you know, some people are agnostic, some people are
atheists, some people, whatever.
Yeah.
I would, I would say that that concept today is much more widely accepted in the United States than anarchy is.
Yeah, and I think that atheism was pushed by the ruling class because a large part of culture is your belief in a higher power. Um, and I think
that when people don't have something to believe in higher than themselves, you start to get a,
uh, lack of control over the ego. Um, but let's answer your question, right? Like, what does it look like without the
state? I don't know, right? That's what I would have to first and foremost say. How it could
operate would be small citadels and regions and villages and cities that operate how people choose to live their lives.
You know, so if we want to have our own coin or currency, we'll trade, you know, grass or cows or whatever it is.
If we want to practice an LGBT lifestyle, you know, we'll do that. If we want
to practice, you know, guns and, you know, whatever, we should be able to do that. I think
it's just everybody needs to be able to live under their own terms. And if you don't like
how things are where you live, then you have the option to move
where things more closely aligned with your values and what you want in life.
I mean, that sounds like the ideal situation. If it was like that, I mean, I have to think that
largely, at least initially, the reality would be a lot more tribalism and war and infighting and,
you know, they have water, we don't have this. We don't. You know what I mean? Because obviously it's hard without some sort of centralized authority to distribute goods and resources and things like that.
Not saying it can't be done. It was done in the past. But, you know, I also I mean, I despise the government and politics. You know what I mean? But I don't know if I can go 180 degrees
the other direction either, where it's back to like Mad Max and Gastown and Watertown, you know,
so I don't know what the in-between is. Yeah, I don't, I don't think it would look like
Mad Max. I think, I think we, we, we fail to give people credit for being naturally good. I think it's the interference of this state that makes people
naturally bad now. When you say distribution of resources, the government does a very poor job
of distribution of resources. Like Eric July would say, fuck them hoe ass roads. I mean,
if you allowed people to police themselves and manage themselves, I think the roads would be in much better condition.
I think the water supply would be in much better condition. You know,
I think that if we allowed people to,
to live without restrictions of some sort of overlord or state,
people would live much better. Now there is going to be a fight,
potentially over resources. Your side has
more water. But I also think that you have to look at the converse where it says there may be an
increased opportunity for cooperation, whereas the state often restricts cooperation. You need a
license to do this. I have paid $30,000 get hired an attorney just to open up a Bitcoin exchange. Right. And that's at the low end. Right. And the bulk of that money is to get licensed in New York City. So those types of things are what make people angry. You know, when Tanisha wants to open up her hair salon, but she has to get a
license to do so, to do hair, you know, it becomes really, you're stopping people's upward mobility.
I think without those communist restrictions, I think we have a happier society. It's just people
want to live how they want to live. The government just is even like you look at police, like police aren't here to protect us. They're here to police us and protect property. They're here to protect the corporations. They're saying, oh, let me check my speed limit to make sure I don't get a ticket. Right. That the police are actually an oppressive entity and they're an extension of the state.
They're agents of the state. I think we remove some of these things and we turn to your own
private police force. The police will actually be there to protect you and not and not ticket you.
And I think people will be a lot happier without the existence of the state.
But do you think that people should fear corporations
more than they fear the state then?
No, no, no, no.
The corporations are,
the state empowers corporations.
You know, they call it crony capitalism.
I call crony capitalism exploitation of socialist systems.
The corporations say, hey, look, all right, I have the capital to make X, Y and Z happen.
Now, if there are no restrictions, there's going to be an increase in competition. So how do I destroy competition?
Well, let me lobby in Congress to create restrictions so that the little guy
can't compete with me. And that's what corporations do. They use the state to hold people down.
It's not the corporations without the state wouldn't have as much power.
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Wolf, W-O-L-F. So to that end, we fear the corporations because they're using the state
to oppress people. Right. So that's kind of what I was getting at. So how do you escape from this
system? We talk about taking the red pill.
I want to talk about Bitcoin, how you discovered Bitcoin and what its role is in separating
yourself from these entities. Yeah. I don't have too much interest in separating from the system.
I think I'm more concerned with mastering the system. I think it's a very brilliant game that was created by the money men.
And the game is basically designed for the intelligent.
It's not racist.
It's I don't think it's classes.
I don't know what the word is, but there's probably a word for this is brainest.
Right. It's like we're going to separate the intellectual from the stupid. We're going to separate the unambitious for the ambitious.
So, you know, when we look at, you know, Wall Street, people would look at it as an oppressive
entity. And in some ways I can agree, but in other ways, I'm like, I trade options and I do well
trading options, right? And I have a stock portfolio and I do well over there. So I think
that the system is set up for the intelligent. You know, if you're going to sit down and take the time to understand this complicated system and its new language, you can do well. So I'm not really too concerned with destroying the system. I think it's more or less mastering the system and then using your mastery to create something that's better to make the old system obsolete. And then
people go, oh, wait, I kind of like the way they're living over there. Let's do it this way,
right? I think that's the problem. People are so concerned with destroying the system
instead of building a new way. Because even if you destroy the system, what's the new way?
You don't want to push us back to square zero. That's why I was asking you about what happens
after the state, right? It's one thing to destroy it. It's another want to push us back to square zero. That's why I was asking you about what happens after the state, right?
It's one thing to destroy it.
It's another thing to have nothing better to go to.
Right, right.
And that's why, you know, like when I say loosely, I'm an anarchist and it's not that
I want to get rid of this state, although I'd like to see it disappear.
I'm more concerned with what's the better way and building that better way.
And then again, making the state
obsolete. And that's how you would dissolve the state is by making that new idea better.
As far as Bitcoin is concerned, I knew about Bitcoin pretty much probably right from the start.
I mean, it's a very foolish decision of not owning Bitcoin. I think I actually have some
somewhere from back then that I can't
even find, you know, and I think somebody gave it to me. Um, but I don't know where that is right
now. And I wish I did. Um, but anyway, um, uh, my response initially was like the big banks are
going to kill this. Um, I'm not interested. Right. And in many ways, that's true. But I think it was 2017 when it had the big boom.
And, you know, I pay attention to things. So I got in and I made a decent bag.
I remember it was December or November and I was hanging out with the family.
And my friend said, yeah, they're talking about this cryptocurrency thing down at the barbershop.
Time to sell.
Yeah.
So, you know, we were talking.
He's like, well, what do you think I should do?
I was like, I just start off like 100 bucks.
He's like, nah, man, I'm trying to get rich.
I'm about to go all in.
And I think he like took like 20K out of his 401K and the next year it tanked and he was just like sick to his stomach.
But meanwhile, I was telling the whole way, like, don't look at Bitcoin like that. But, you know, I come from
a traditional investing background. So I invested in Bitcoin with a traditional investing discipline,
which is why I knew kind of like what the top was. And then when I saw gains, you know, you see
in a stock market, like you don't see gains of a hundred percent unless
you're training like options right you don't see those types of gains you know you're happy with
13 percent that's a 10 percent a year man you're gonna be rich yeah right yeah right yeah so yeah
so when you see like so when i saw my portfolio and i should say a thousand percent i'm like dude
i already won so i went to twitter and i was just like, yo, um, uh, I'm selling and people are like, oh, you're crazy. It's going to keep going up.
I know you're right. Yeah. So, you know, when, when they said that, I was like, I really don't
care because I come from a traditional background of investing and a thousand percent is unheard of.
So I made my bag and if it goes up more, I'll be sick. But at least I know I made money and didn't
lose. So a lot of people, you know people lost out because they weren't traditional investors. They were Bitcoin investors and they don't understand investing. You know, I studied Benjamin Graham, the teaching me the stock market and telling me do's and don'ts
and so on and so forth and telling me about index funds and how they work. And, um, Ray,
Ray Diallo, I think his name is, you know, I studied a little bit of his stuff. Um,
but then, you know, um, I'm looking at Bitcoin now and everybody's like, Oh,
Bitcoin is going to save the world. And I'm like, I got bridges to sell you if you want one.
They come in red, white and blue.
You know, if you think cryptocurrency is going to save the world, you know, you got another thing coming.
You know, establishment money is controlling the Bitcoin market right now.
If you don't think so, you don't think they've already.
We got guys like Paul Tudor Jones, and I mean, corporations are investing their...
They're taking their reserves and buying Bitcoin, which by the way, I don't think is a bad thing.
But I mean, these are the biggest Wall Street, Wall Street, Wall Street guys you're going to find.
So obviously their money is there.
Right.
I don't believe that Bitcoin is going to save the world, but I certainly believe it can save an individual.
How? Well, if I mean, if the other systems fail and they have exposure, I'm not saying they should be all in.
But the idea that you should have something idiosyncratic, something that, you know, has a different risk profile and is uncorrelated, that could go up when everything else goes down.
I'm not saying that will happen. I'm just saying it's a good idea to be exposed
to something that can give you that sort of potential.
Yeah, yeah, I agree.
I always tell people when investing,
you want to diversify your portfolio.
That's very basic.
How do you diversify your portfolio
with stocks, bonds, and dollars anymore?
You know, so it's really hard to find things
that I find are truly diverse at this point, you know,
and maybe Bitcoin won't be, I don't know, you know, it's shown some correlation, but in general,
I think it's the best shot at having something that could, that could rise when everything else
falls, if that happens. Yeah. I mean, we just saw PayPal, right? Like PayPal is saying next year,
they're going to integrate. And you saw the spike, how the market reacted to that. So I think Bitcoin
is going to become a norm. But I don't think the establishment is bringing in Bitcoin as a
necessity. I think they're doing it because they want to track you. They want to be able to watch
the money better. And that's exactly what the ledger does. It allows them to watch the money better and track everything we do. I mean, Alex Jones has been I kind of like stuffing, you know, a few, a few bands underneath my, um, underneath my, uh, uh, bed, my, my mattress. Right.
Like I like having that physical money, um, for reasons I don't want to explain right now. Right.
But I mean, everybody wants to be able to transact privately. Yeah. Yeah. Everybody should,
everybody should. Exactly. You know, when we look at we look at the Greek diners that are owned in New Jersey, these people transact in all cash and and for obvious reasons, you know, because the IRS sucks, you know. it's like when we start moving to this digital currency, um,
it's good and bad that come along with it.
I'm not,
I'm not one of those people.
That's a Bitcoin maximalist.
I'm not one of those people that think,
Oh my God,
Bitcoin's great.
I'm one of those people.
It's like,
look,
Bitcoin's price is going to go up in the future and I'm hedging my bets.
Yeah,
that's exactly.
I mean,
the most practical way is to view it as a great edge. I mean, that's what I see. You're talking about them wanting to adopt Bitcoin to violate privacy, obviously, and to be able to track our transactions. I have a much bigger fear of that with the inevitable digital dollar and digital yuan and central bank digital currencies. I mean, that's like a wet dream for a central bank, right? We've already talked about all the problems with a central bank.
Imagine when they have perfect control of the money supply.
They know where every single penny and dollar is.
They want your taxes.
It comes directly out of your account, right?
They don't ask what they owe.
They take it directly out.
They want to know what you sent to your kid for their birthday.
They see it, right?
So, yeah, I mean, I think that's
a much bigger threat than even their involvement in Bitcoin.
Yeah. Yeah. You know, what I'd like to see from the Bitcoin community is a lot less of this worship of the cryptocurrencies and more or less paying attention to how the cryptocurrency is
being choked. Like I said, you know, I have to pay
$30,000 in fees just to open up a Bitcoin exchange. And that's basically goes against
everything Bitcoin was supposed to be created for, right? And you're supposed to free the money.
And we haven't freed the money. We put the money in prison. You know, when SEC gets to,
like SEC was never supposed to control cryptocurrency. It was never supposed to
control Bitcoin, but it does here in America, right? Like the certain, and that's why like Binance left,
right? Like I'm not screw this. I'm out. Right. And I don't blame nobody, nobody,
nobody in crypto wants to touch the United States. Right. So it's like, everybody's running around
on Bitcoin Twitter and like, Oh, Bitcoin is Bitcoin cryptocurrency and buy Ethereum.
I'm like, all right, you guys are loading this thing and it's fine, you know, whatever. But
where is the committee? Where is the legal board that's going to go repeal some of these regulations
and say, hey, this goes against the white paper. This goes against everything Satoshi's dreamed of.
And let's tell the SEC, mind your damn business. This isn't for that. Right. And these things, these things are like the SEC is basically anti-constitutional.
And it's like, where's your legal team to combat this stuff? You know, like it sucks that I go to somebody, they say, oh, yeah, I'm a crypto attorney.
OK, cool. Then, you know, I want to open up a change. OK. It's going to cost $30,000 to do that. And it's like, well, what are you doing in the meantime, as an attorney, are you fighting the
repeal of some of these regulations? Are you just studying them so we can be compliant?
And I'd like to see somebody step up and fund some sort of board or committee of attorneys
to go fight this stuff. Where are those brave guys doing that? Because right now,
Bitcoin is not free, you know, unless you open up a VPN.
Right. I mean, they can't control Bitcoin itself, but they can certainly control every on and off ramp and every regulation around it and make it impossible to get to the dollars.
And then you can't spend the Bitcoin anyways, because they're going to tax you if you buy coffee and say that you sold your Bitcoin.
It's so absurd. And the United States is the worst. But it's interesting.
I was on a webinar yesterday with a guy from Nomura, which is like a hundred year old, you know, huge financial institution from Japan.
And we were talking about institutional adoption and these ideas that we were just talking about
Wall Street being involved in big money. And his contention basically was like,
they don't really want to touch Bitcoin. They just want to be like the picks and shovels guys.
They want to control the exchanges. They want to invest in the companies that we're all going to
be using to transact in Bitcoin or anything Bitcoin based. They don't really need
to own it if they own your access to it was basically his point. Yeah. I mean, that goes
back to the inception of the money men. Right. The money men were like, hey, look, what do you
know about issuing bonds and what do you know about minting money? And
then they position themselves as middlemen. And that's where the power is. It's about,
okay, fine. You want this currency to exist? Cool. But you got to go through me, right?
And these people, these money men who have existed throughout the centuries,
these are the same people, the same exact families that were huge
in Europe. Banking are the same ones that exist today and the same ones that are controlling a
lot of the banks today. So this is a very ancient problem, but they understand money. They created
this system of money. They created monetary policy. They created modern capitalism. So
they're going to have much more mastery over
it than the general public or anybody else that thinks that they can outsmart them.
And they're going to change the rules whenever they see fit. So obviously they see this thing
coming. And I personally believe that they created Bitcoin. The SHA-256 algorithm was
created by the NSA. We don't know who Satoshi is. It damn sure ain't that white
dude that claims it's him. Yeah, I don't mention his name. But, you know, I believe that it was
created by the them. And why do you believe that? Just because it was another way to control
money supply? Or was it to give us hope so they could crush it later? I mean, well, like Alex Jones said, it was the idea of getting people comfortable with moving to a one
world digital currency. And then, and then that feeds into the whole one world government thing,
right? Because then if you have one currency, that means you need one overarching body to create
worldwide regulation for this thing. And that's what this
creates an excuse for. It's like, well, we have this currency that's being traded across borders.
It's like, okay, well, now we have an excuse to create this body to control monetary policy
across borders. And then after that, it's just like more of an excuse to open up more NWO type entities. Well, all that said, you're opening a Bitcoin
exchange, right? Yes. So why and how? Because I'm no dummy. I'm no dummy. If you know something is
inevitable, you have two options. You either hate it and go against it or you bet on it. Right. And I know the public is
stupid. And I know that Bitcoin is going to be the future. I know that cryptocurrencies will be
future. And the new world order, they're going to control all this. They have been for centuries.
So, you know, you're either going to fight it, which is going to be a worthless fight because
it's just going to be you alone. It's not like you're going to have the public on your side because they're ignorant and they don't even understand, you know, a lot of these things.
So it's just like, you know, I have to think about my family first and foremost.
So what am I supposed to tell? I got a daughter and I want to tell my daughter that she has to go work for somebody because her daddy believes in this conspiracy of, you know, one world digital
currency. So he's like saying, Oh, no, I'm not going to participate. So my daughter, when I could
just say, you know what, it's coming, I'm going to hedge my bets. And at least my daughter doesn't
have to work for somebody, right? So it's like, I'm looking out for my damn self. And I'm looking
out for the people around me, like, look, this thing is coming. Y'all might want to get in because ain't nobody stopping it.
I believe that Bitcoin is a, you know, you can't save money anymore. Right. Cause I mean, it's, it's, it's losing value, buying power every single day. So at the very least I view Bitcoin as a savings account. I talk about what you're talking about all the time. I just put it aside and my kids can hopefully use it in 30 years. You know what I mean? I have a five-year-old and a one-year-old. And to me, that's the best hedge for saving money for them. Just like you
just said, maybe buying some land. Yeah. Yeah. Yeah. Yeah. That's another good investment,
right? But, you know, I have to think about, you have to take very practical approaches.
You know, when you, when you, when you play the game Monopoly,
you don't say, oh, this game is corrupt. I'm not going to participate. You take your $200
when you pass go and you bought some houses, you take your free parking money, right?
And, and you played a game to win, you know? And like I said before, I know the game exists. I'm
not interested in trying to tear down the system. I'm very interested in mastering the system and showing people, look, they created this game. It's silly.'m going to benefit off of it too. Right. And, and
if there's a personality flow with that, I'll accept that criticism. But again, I refuse to be
poor. So what other businesses have you started? I know you've got a few. Yeah. So, um, we have
coinbitsapp.com, uh, that is an on-ramp, uh, for people who don't want to take the route of getting a wallet, going through exchanges
and learning the finite details. It's a good way to start getting into Bitcoin really fast, right?
And it's one of the cheapest solutions because we only charge a dollar per transaction.
Excuse me. So let me just go ahead and shout out Maher and Yousef, uh, the founders of that company, uh, and thank them for making me a co-founder in that company. And, um, you know, we're, we're close to, uh,
managing, uh, almost a million dollars in assets, um, which is our first, uh, huge milestone.
Um, then I have, um, Gifitize, which is an app, uh, that empowers content creators by allowing them to download GIFs and videos directly from the Twitter platform to an iOS device because you're not currently able to do that on an iOS device.
An Android version coming soon.
Shout out to my co-founder who founded the company, Simone Bees, and made me a co-founder in that company.
And then there's Wazo AI.
Wazo AI, what we do is a camera vision analytics. So anything that passes in front of the camera, we can provide
data and analytics, um, on that. Yeah. So, um, that's a, a software and hardware company. Cause
there's a hardware component, um, uh, attached to it that we install our software to. And we're able to process a lot of these functions on the edge.
And then I'm working with another company started by Arlo Bloom AI,
where we're using AI to blend and create new faces.
Deep fakes.
Deep fakes. Deep fakes.
Sometimes I look at those things and I'm like,
I really just can't tell who it's supposed to be,
but some of them are so good.
Yeah.
It's so scary though.
It is, right?
So you're not going to be able to believe any video that you see ever again when they perfect it.
Right.
So you might as well be in
control of it. Right. That goes back to my point. It's like things are going to happen and you are
either going to be a victim of it or you're going to be empowered by it. I don't plan on being a
victim. If I know deep fakes are coming, well, look, I'm going to learn how this deep fake stuff
works. And, and, and I'm going to be able to empower people with the power of deep fakes.
And then by being in these industries, I can watch and see what's trending and what's happening and
what's coming. And then I can move accordingly so I can be ahead of the curve. So yeah, deep fakes,
camera vision, Bitcoin, um, content creation. I want it all.
So you're not getting a job. You're not going to work for someone.
You said you don't want your daughter to work for somebody. So what do you say to people who
are, you know, quote unquote wage slaves or people who, you know, have low paying jobs and are in
that cycle and can't escape it? Because obviously, I mean, you believe in being an entrepreneur and
making your own way. How can an average person who like needs those needs to pay those bills and needs to make it happen? How can they escape that, you know, that grind?
Well, there's two ways, right? One is investing 50% of your income in investments. And after 10
years, you'll be able to retire, you know, based upon some of the calculations I've seen,
you can retire in maybe 10 to 20 years and maybe even 15 with a Walmart salary.
If you live lean and don't have kids, right? And even if you have kids, I think there's still
ways to live lean and still invest a large portion of your money. But I'm talking about like cashing out a few million
at the end of that period, right?
And because of compound interest and compound gains.
The other way is starting up a business.
You know, you can do passive income things
like starting a blog, starting a YouTube channel.
And you have a lot of people out here
making a lot of money off of YouTube, six figure incomes off of YouTube,
six figure incomes off of Twitch. Right. And, and that's where the future is going, right?
Everybody talks about UBI and robots taking jobs and really what's going to happen. I forget who
said this was, it's not an original thought of mine. Um, but we've seen it in the movies is where
it just comes down to humans
entertaining other humans so entertainment's gonna be uh it's gonna grow um i mean we're doing it
right now right like everybody's got a podcast everybody's got a stream everybody's open up
where before this wasn't possible you had to go through the tv networks and the powers that be
um kind of lost where i was where I was going with this thought.
It's interesting because of what you just touched on.
So you're talking about,
you used to have to go through the mainstream outlets if you wanted to have a
voice, right? You've been on Joe Rogan.
He's the perfect example of someone who basically extricated himself from that
and created his own media empire. Like he cannot be canceled. Yeah. Right.
I mean, his audience is bigger than some
of these networks. So, I mean, that's what I think a lot of us here are trying to somewhat create
our own lane where we have an audience. Yeah. So getting back to my thought,
to answer your question, like as far as like entrepreneurship is concerned, I think
it first has to come down to the want and desire to be an entrepreneur. And, you know, you can do something
as simple as flipping cars, man. You know, you go and get, you know, you hit these auctions,
you can get like a really nice car cheap. You know, your friend's a mechanic. He can, you know,
fix it up a little bit. And then they got like apps like Carvana where you can sell a car in like
24 hours. Right. Yeah. So, you know, you go buy
something cheap and then you flip it, right? Like I think it's called arbitrage, right? So.
Yeah. These dudes are making crazy money on Pokemon cards now, like billions.
Yeah. Yeah. So.
Find your lane and hustle.
Yeah. Yeah. I think, you know, there's plenty of ways to get money, but I think it's about creating many streams of passive income.
You know, I think that you have to start at the bottom when you're not born into wealth. Right.
So I think it first starts with like Booker T. Washington first says, you know, we got to start with some sort of relevant skill.
So whether it's fixing cars, mechanic, engineering, digital marketing, you got to get some sort of
skills. So I think what happens is these W-2 wage jobs are really what I would call apprenticeship.
And then you graduate from that apprenticeship by opening your own business because you're
losing money by being at work. Because if you paid more attention to your other streams of income,
you would make way more money than being at these jobs. So I think if you're at money by being at work because if you paid more attention to your other streams of income you would uh make way more money than being at these jobs so i think if you're at a job you need to be figuring out like what are some other streams of income because if you lose your job
you ain't got nothing coming in right that's what i'm saying it has to happen like on the clock you
need to build something on the side and eventually escape it or you have to somehow have the capital
to do it before you even get stuck in that, you know, on that hamster wheel or whatever.
Essentially, you touched on something, you know, Booker T. Washington saying that you need to learn
a trade. I think one of the craziest things and one of the biggest issues in this country,
and maybe it's purposeful, is that we don't teach financial literacy.
Yeah.
Like you went down the path, you understand compound interest,
you understand these things. Why isn't that taught in third grade? Yeah, because the powers that be.
For example, it's the Rockefellers were responsible with turning public education over to the government.
So once you have progressives controlling and you have the ruling class. I mean, who was it that spoke to,
there's a philosopher that was an assistant to Alexander the Great and Alexander the Great,
you know, had these big ideas for his country and for his nation. And he wanted to educate people.
And I forget the philosopher that stood next to him, but he said, no, you don't want that. You
want a dumb public, you know, religion is the opiate of the mass. I mean, there's thousands of quotes about
those things about keeping the population obviously in the dark. Yeah. Because if people
understood financial policy, who's going to come work in your factory? You know, um, I, I did this,
uh, thought experiment, my children, I pulled up at a Chick-fil-A and we bought some Chick-fil-A and there was a whole bunch of workers.
And I asked my kids, I said, why is it that these people work here at Chick-fil-A? Do you think it's a choice?
And and they we went around the car and everybody had some really interesting points.
Some people said, well, that's what makes them happy. And other ones were like, they don't know any other way. Right. But by keeping those people ignorant, you keep those those low wage jobs full. Right.
And then and then not only that, it gives you an excuse to create socialist programs because the living wage is so low. The cost of living is so high that you're going to need some sort of government assistance.
So it creates the need for state interference.
So, you know, the powers that be are very clever in saying, like, why would we educate these people?
But again, I think that the onus is on us as influencers to go out and educate people.
And some people don't want the education. It's fine. You want to work at, you know, Buffalo Wild Wings your whole life. That's cool. Or you want to spend your money
on Jordans instead of taking that same hundred dollars you buy, you spend weekly and putting
it in Bitcoin and put it in the stock market. You know, you're going to have to work the rest
of your life, you know. But I think what happens is it puts people in a bubble, right? For example,
up until a few years ago,
I never even heard the name Andrew Breitbart.
I had never heard about the publication Breitbart
until they did an article on us.
And you can very easily be closed off from information
by being in these circles, right?
For example, if I asked you,
have you ever heard of John Herbert Clark?
No, I have not.
Right, so this is one of the first and foremost
and purveyors of African-American history,
very important person.
But if you're not connected to Hotep Jesus,
you're never exposed to that name,
which means there's a whole set of historical facts
that you would never know about unless you spoke to me, right? Of course. I mean, history is written
by the winners, right? To some degree. I mean, everybody knows that. So there's a whole other
history that they certainly never would teach us in school. And you go to a different country and
there's an opposite history. I mean, history is almost like arbitrary. It's not fact. Right, right. So, you know, you never being exposed to
me wouldn't get you access to some sort of knowledge. And that's exactly what happens
with finance. If you if somebody is not exposed to like crypto Wendy, yo, or you or crypto blood
or Bitcoin Zay, they would never even know about Bitcoin, right? Because all of their friends
online are talking about Megan Estallion, NFL, NBA. So we're in that bubble of entertainment.
And until somebody enters that bubble and introduces a new thought, they're never going
to be exposed to it. So people are closed off just like rural areas are closed off to, um, the rest of us,
um, just like information is. It's so true. Yeah. And there's something you said earlier
that I really liked. I asked you, how do we change the system? And you said, you don't,
you master the system. Yeah. Cause like as a trader going back, it does everything you say,
like reminds me of like, I can see that you're a very good trader because clearly like you you know you're not
emotionally attached to any of it and you see it for for what it is but it is
really interesting because people always talk about how manipulated Bitcoin is
right yeah and I always joke like it's like the least manipulated thing they
think manipulation is because some dude with a lot of money can dump on you yeah control the market yeah for me that's an opportunity to like ride on that guy's back
no but like like i just want to like the whole point of trading is to just be on the side of
the big guy and not be the little one that gets crushed right and you've seen that with wall
street as well yeah you know so i mean wall street's manipulated. Yeah. You know, so I mean, wall street's manipulated. That's like, as you talk about crony capitalism, money pumping, I mean, they, they, yeah. I mean,
it's like insane. Yeah. Bitcoin isn't, Bitcoin's a free market. People just get mad when they lose
and think that it's been manipulated against them. But I think that that's a mentality that
people take to everything. Well, again, that goes back to the fact that they don't understand.
They've never had any sort of traditional investing training or education, right? Because you can't lose on an investment until you sell.
So why'd your dumb ass sell? You should have bought more when it was down.
It's always the bottom though. They always sell at the bottom. It's always the dead bottom.
It's like the greatest tell you know when you need to buy something is when you're
panicking to get out of it. Yeah. Like I put a bunch of money in Tron, right? And I'm down on it, right? But I'm not even
thinking about it, right? I'm just like, I'll just sit on it. And if it comes back, it comes back.
If it doesn't, it doesn't. And even when it comes back, I'm probably still going to sit on it until
I can just pass it on to my kids because the amount of money I put into it was nominal, you know, nothing.
Well, I mean, that's a key to investing too, right? It's like the way to detach the emotion is for it not to be like your house payment. Right. Yeah. Yeah. You never want to, you know,
invest something that, I think Weston said, never invest what you're afraid to lose.
Money you can't afford to lose. Yeah. You know, only invest what you can afford to lose.
Yeah. But that doesn't, I mean, that that is true and i would definitely advise that but
that also means that like you need to live a life where you can afford to lose a little more
because you're not gonna be able to invest 50 of your salary if you're like trying to you know
live like you're in a music video right yeah. Yeah. Yeah. What people can afford to lose is relative
to how much they're willing to give up to live their lifestyle. It kind of goes back to what
you said before. Yeah. Like I was looking at my friend, um, back when ICOs were, you know,
everybody was pumping and dumping ICOs in 2017. And, um, you know, we had a talk and I was
interested. I was like, Oh wow, I see you making all this money,
pumping up in ICOs.
And she's like, yeah, how are you doing?
I'm like, oh, I'm investing long-term.
She's like, you're holding?
I'm like, yeah.
She's like, nah, you gotta get these ICOs.
And lo and behold, a few months later,
she's like, I'm never gonna do this again.
That's how much money I lost.
She's like, you gave them back those gains
and this is somebody who didn't have. Now today, she teaches this same long-term investing strategy I was telling her
about in 2017. Right. So when she told me about what she was doing in ICOs and I learned about
that pump and dump ICOs, I was like, ah, I don't think I'm going to touch this. This is, you know,
this doesn't seem like the type of thing for me. I'm just going to pick something because, uh, I
think Warren Buffett said, um, you know, uh, never buy a security that you're not willing to hold for 10 years,
you know? So, you know, I bought Twitter stock five years ago and she still, still got it.
You know, he also said that the market market is a mechanism for transferring the wealth,
uh, from the inpatient to the patient, right? Yes. Yeah. Smart guy. And he only buys things that give yield and, you know,
and can compound his gains. Yeah. Smart guy. Knows what he's doing, I would say. Yeah. I mean,
the ICO thing and all this DeFi and all this, I mean, people are getting really rich, but it's
like one in a thousand people. Someone always gets left holding the bag. Right. And I literally,
I was on a live stream yesterday and we were looking at the Bitcoin chart and I counted it back because I was looking at the monthly chart and seeing that price
has very rarely been above where it is today. Even though we all remember 20,000, it was 10,000 to
20,000 and back in one month, right? So it wasn't, there's only been 46 days in the history of
Bitcoin in 11 years where it's ever traded higher than the price today. So if you were an investor
and a dollar cost averager or any of the conservative investing strategies that people talk about,
there's only 46 times that you could have bought ever where you would be down.
Yeah. And that would only be if you never bought more when it drops.
Yeah. Everybody, I wouldn't say everybody, but I have a large set of users who joined CoinBits app early on and they post, you know, screenshots. This one guy was like, yo,
my CoinBits app is outperforming my 401k.
I don't even look at my stuff. I mean, I trade like whatever, but like my IRAs and stuff,
I just, it's on autopilot and I don't even, I'll check it once a year and make sure nothing really
garbage happened. But I check my Bitcoin for every single day.
Okay. Yeah. I don't check it. The only thing I check is the price of gold.
Why is that?
Cause I play options on it.
Oh, you play options on gold. And what do you think right now? Um, I'm in it. I missed the last in, um,
I played nugget and you GT, um, which is a fund and it's quite volatile. Um, and I want to say
maybe two weeks ago, um, it, it hit like $82 or something like that. And I'm like, Ooh, I should get in. Cause it's probably going
to spike to 90. And, um, I felt myself FOMO. So I have a rule. If I feel FOMO, I don't, I don't
do it. Yep. So, um, I didn't, but lo and behold, it happened. It went up to 94 and I'm like, Oh,
I just missed like 10 K right there. Nine times out of 10, it goes to 72. And you're like, what did I do, man?
We all know.
You remember the ones you missed,
but you don't give yourself much credit
for the ones where you decided not to do it
and it goes the other way, man.
So listen, I know we're up against it here with time.
Where can everybody follow you,
keep up with you after this?
Yeah, I would go to bryansharpe.co,
B-R-Y-A-N-S-H-A-R-P-E.co.
Get on my email list.
I have a daily email newsletter that gives you all the updates about my life.
Um, I give tips on, on how to maneuver this thing we call life on various subjects, including,
um, uh, and mainly entrepreneurship.
I think that's really useful, man.
Thank you so much for taking the time.
I appreciate it.
I've been following you for a long time and, uh man you're you're as unique as they come so it's
good to get it we'll have to do this do this again it's it's rare that you meet someone who's actually
willing to say the things that that you do or have their perspectives that you do so whether
people agree or don't agree it's nice to see someone speak their mind for sure so thank you
very much thank you very much. Thank you, man. Great interview.