The Wolf Of All Streets - UFC Legend Kamaru Usman Lost $120K In Crypto - Then THIS Happened!

Episode Date: May 1, 2025

In today's episode of The Wolf Of All Streets, I sit down with UFC legend Kamaru Usman to explore his incredible journey in crypto - from losing and recovering $120,000 to navigating the risky world of meme coins. Kamaru shares his experiences with Bitcoin, his cautious approach to crypto endorsements, and his vision for empowering youth through blockchain technology in Nigeria. Join us for an eye-opening conversation packed with wisdom, laughs, and real crypto talk! Kamaru Usman: https://www.instagram.com/usman84kg ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities! 👉https://archpublic.com/ ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #VeChain #Crypto #ufc Timecodes: 0:00 Intro 1:46 Fighter Life Decisions 3:22 Risks of Fighting Half-heartedly 6:06 Staying Fight-Ready 7:11 Planning Post-Fighting Life 8:25 Investing in Crypto Journey 11:21 First Crypto Investment 14:06 First Big Crypto Loss 15:24 Getting Back into Crypto 18:17 Paid in Bitcoin 22:26 Understanding Bitcoin Scarcity 27:13 VeChain & Environmental Rewards 30:19 Future of Blockchain Adoption 31:18 Bitcoin Adoption in Nigeria 32:56 Bitcoin Fan Award Story 35:15 Crypto Scam Warnings 38:34 Celebrity Crypto Scams 41:37 Avoiding Scam Coins 43:14 Crypto Rewards Without Risk 43:50 Empowering Nigeria's Youth The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

And so I kept, remember those payments, I would do something and they would just send it to, you know. So you wanted a trust wallet address. But I had no thing of the words. You know, I didn't have the words. I still would just open my phone. You can get them from, but you can, if you're in the wallet, you can go get your seed phrase. But that's if you're in, but I didn't know that at the time. So months later, I don't know. I got a new phone.

So everything was logged out. I couldn't find it for a year and a half. No idea where it was at until one day I was in my files in my phone, like the folder files. And all of a sudden I'm like, what? And I see a picture of it. I'm like, I go into it, I input the words, I had 120 grand sitting in there. I'm gonna go with the I mean, that wouldn't be my email.

What do you find out like 160, 170? Yeah. 170. How's that work? Like what's the process? Cause obviously- Well for me, I'm in a little different spot than most people.

You know, I've kinda been there. And at this moment, it's just kinda like, do I wanna still continue to do this? And so I kinda have my pick of when I'm ready to come back because I am, everybody, we're all indispensable. You know, the company can get rid of you when they want, but if they still see value in you, then I'm kind of in that spot to where, you know,

they still see value in me and I have to decide if I really want to chase that again, because you don't want to hang around. Because you don't wanna hang around here if you don't wanna be a champion. No one really likes getting beat up, even though the paycheck is not good enough. Look like Mike Tyson liked getting beat up. Paycheck, like I said, paycheck wasn't bad.

I was saying he was eating his gloves so he wouldn't punch him in the face, yeah. But yeah, thanks for having me, man. That makes sense, though. Do you think that everybody in your industry, all the fighters go through that phase where they kind of question whether it's worth it? Because I mean, it's not,

I can't even imagine how difficult it is. Absolutely, I think we all do that. And I think you're in it, it's rare to just skate by. This is kind of not that type of sport where you skate by because at some point you're gonna run into someone who is on a path to try to be great.

And you don't wanna catch those guys. If you're just that guy who's just trying to scrape by, because those guys could definitely ruin your day. And in that quest, it's like you have to decide, do I wanna chase the greatness, or I wanna do everything possible to get there there or do I want to you know, and this is not the right kind of sport to You know kind of just yeah, let me skate by yeah and try to just win the next one win the next one might end up dead Yeah, something something bad might yeah. Yeah when you're in those in between phases like now kind of deciding what you want to do

Do you have to those in-between phases, like now kind of deciding what you want to do, do you have to stay in shape, ready for next week? Or is it really like you make the decision and then, okay, I'll get it together for the next few months? See, that's a good question. I've ran into a lot of fighters and a lot of them don't. Once they get to a certain level where they, fighters get to a certain level and they feel like,

oh, I know enough. All right, I have a fight now, now let me go into a training camp, which is six weeks, eight weeks, 10 weeks. And in between, which there is time in between, they really not doing anything. But I've never been that type of guy. Once I got in, I was all in.

This has been my life now for, I mean, combat sports has been my life now since I was 13 years old and I'm about to be 38. I still got 10 years on you though. Yeah, you look good, yeah. That's the beauty of not having a real job. Y'all dream of that one day. Keeps you young.

How'd you get into it at 13? I mean, that's a extremely young age and kind of means you grew up with the sport because it's not like UFC was huge 25 years ago, right? That's basically was when it was really in its infancy. Yeah, I didn't really know about it. You know, I was a wrestler. I wrestled in high school, wrestled in college. And it was in college where I watched my first UFC event. Crazy enough, me and John Jones were at the same,

went to a house party in college. And we were at the same place where we watched the fights. And I think that was also maybe his first introduction to seeing MMA in UFC. And I was always like, ah, no like I'm not gonna do that Really? That's yeah, cuz it was I mean scary looking at these guys are kicking each other Yeah, guys kicking each other throwing elbows. I don't know if I want to do that, but You know natural progression we just wanted to continue to compete and when wrestling will kind of hit in that ceiling for wrestling

wrestlers don't get knocked out. Yeah. That's not true. That is debunked. Yeah, but you know what I'm saying? The striking isn't there, it's a whole nother level of... Yeah. I mean, as a wrestler, you have the,

if you're a high level wrestler, you have the ability to control the real estate of a fight. And so if you're getting hit too much, you can take them down. Or if you have a guy that clearly wants to take you down, you could stop them and keep the fight on your feet. So wrestlers essentially control the real estate of a fight.

But nowadays the sport is changing. So, hey, you got guys now that come in and just beat up wrestlers. Yeah, I'm sure. But how do you keep up with that? If you're gonna come back and there's guys who have new techniques, new styles that you maybe haven't even seen before,

how do you prep for that? Well, like I said, I'm not one of those guys who, oh, I have a fight now, let me train and get ready. I'm always still in the gym. I'm always observing, I see what's going on, I see the new stuff. Even though I might not be able to do the new stuff, I still see some of the crazy things

that these guys are doing now. So I'm aware of it. And so it's just, I'm in that phase where it's like, of your life where you're thinking, okay, what's next? Because this is gonna stop one day. And when this stops, what are you gonna get into next? What are we gonna look at?

What are we gonna do? And there's a lot of new things popping up here and there, here and there. And so also as a man and as a businessman and an investor, you always wanna make sure that you know what the next avenue is and what the next phase of life is gonna be. Let's talk about that

because I've met so many athletes who have no clue and then either get hurt or something happens and they're in their twenties and they have nothing to fall back on, no ideas as to what to do next. As you said, you're an investor and a businessman. So what are you building for the future? Well, we're trying to build a couple of different things.

I own my own mixed martial arts promotion in Nigeria, well, in Africa. It's called African Knockout, AKA. But mainly we started in Nigeria. Right now we have fighters from, I think think over 16 different African countries right now. So we're growing that. And right now with the premier fight promotion, mixed martial arts promotion in Africa. And so we want to grow that as big as possible to get these fighters and notorieties or just

these men and young men and women, notoriety to be able to ascend into the UFC or somewhere else that they can really change their lives and their family's lives. Yeah, I'm building that and also investing. I've dabbled into real estate, of course, crypto currency. We've stuck our toes in, we took our toes out, we put a whole foot in there, we almost got cut off.

So yeah, it's a life, I guess it's here to stay now. So I think it's a lifelong journey of understanding that place. Man, I got into crypto in like 2016. We were talking about it a little bit before. I came as a trader. I didn't care about any of it. I was just trying to make money, right?

Hit that first bear market after making all this money, which was easy. I thought I was a genius, but really just good timing. And then I had to like back into caring about it because I was losing so much money that I was like, had to cope. Like, why am I here? And I actually kind of really fell deep down the Bitcoin

rabbit hole and everything and stuck with it. But it's funny, even when you talk, we're talking about, thinking about whether you want to fight again, I can't tell you how many times everybody I've talked to in crypto is like, maybe this isn't for me anymore. And it goes up and it's all good. And you ride the wave. It's kind of similar.

I mean, we're not getting our asses whipped. Yeah, I mean, only financially. getting our asses whipped. Only financially. There's that roller coaster. But you're in it. You've done crypto. So tell me about, I want to hear that roller coaster. Yeah, it's been a roller coaster. You know, it's funny.

I saw this meme not too long ago of this guy. He looked, I don't want to say homeless, but he looked, he looked, I don't wanna say homeless, but he looked like he was on the street and he's sitting there and I don't think, I think I should've showed you this. So he's sitting there and there's the garage like this, there's a door behind him. He's sitting right by the door, he's just on the street

and he has like a bag of chips next to him, and a little can soda. The door is kind of cracked a little bit to where you can only just slide your hand in and out. I think the guy was trying to grab his soda and it accidentally rolled in there. But then rolled that, comes out a two liter, and the guy looks at it, he's like excited.

And then he takes some money out of his pocket. I think he had like maybe a dollar. He puts it in there and like a hundred, like the guy gives him a hundred dollars, slides out. He goes, then he puts his chips in there. And then a bigger bag of chip comes in then he just empties out his pockets. Everything that he has and then he puts his chips in there, and then a bigger bag of chip comes in, then he just empties out his pockets, everything that he has, and he slid it all in there.

And the door closes. And it was just like, this is truly the definition of crypto right here. And that's kinda, I don't wanna say all the way, but that's kinda been my journey with crypto. I got in, I want to say 2017. You were right there. So it was, I remember getting a call from my brother that he goes, hey, there's this new thing. It's crypto. Hey, open up an account, Coinbase, open up an account right now. Hey, look at

this thing. And it was a three major ones, you know, Bitcoin, Ethereum, and Litecoin. And he goes, look, right now, this was just at 2500 yesterday. Yo, definitely put some money in. And I just got into the UFC. I'm a year and a half into the company now. I'm fighting small checks,. I'm a year and a half into the company now. I'm fighting small checks. But I'm making a living.

I can survive. I'm like, okay, let's try this. All right, do 500 in there. Because that 500 was steep for me. Do that in there. And the next day, I think it was at 20 something, 2800, next day, it was like at 3,200. I'm like, let me slide my chips in there, man.

So I put another 500 in. The next day it goes to like 4,800. I remember that, man. I'm like, oh my God, free money. This is easy. And I think I ended up putting in another two grand. Keep in mind, I'm fighting once every six months. I win the fight, you make 20 grand.

I just put three, that's before taxes, that's before the 20% team management fee. So I just put three grand in there and I watched you get up to like maybe eight, nine grand or something like that. I'm like, all right. So at this point I'm checking it every day. I'm like, Oh, I'm making free money, free money, free money. Refresh, refresh, refresh. And then I'm like, all right, I did a good thing. Smart guy, I'm an investor now.

And I just left it. I think I went somewhere for the weekend. And I come back and it's, cause at that point it was the talk of the town. Yeah, that's when it was starting to actually become mainstream. Yeah, that's when it became something, yeah. And I mean, everyone's talking about Bitcoin,

cryptocurrency. And then of course you hear the other side of it all the government can't regulate it. So yeah, this is a new wave It's a new currency. Everyone's getting rid of dollars and all of this. I bought into that a little bit because I'm purchasing this with actual money With my actual dollars. Even though you have to convert, if you wanted to pull money out, you have to somehow convert it.

But for me, I'm like, this is the new wave, this is what's gonna happen. And so I come back from the weekend and everyone's talking about it, because now we're going downwards. And I'm like, oh, I'm still up. It's nothing, I'm still up. So I tried to ride it out another week. Now that the three grand that I put in

has turned into $1,200, I was sick. I was upset. I was like, no, get out, get out, get out before I lose it all. So I started selling. That had to be the bottom, because you all, Yeah. And I started, I thought it was the bottom. So I just sold, and I was like, I lost money,

I lost what, like, maybe almost 1,600, almost 1,800. I'm like, all right, you know what? I learned my lesson, you're not an investor. Don't do it again. So I get out. But this is still the wave. Everyone's still talking about this thing. To the point where I'm, I'll be in somewhere

with business guys and they're talking about this. Oh, this is gonna be, this is crazy. And real guys that really are watching the markets, the stock markets. And they're talking about this new thing. Oh, it's gonna die out it's gonna be this is gonna be that and So I knew it was something big

But I just didn't know how big you know at this point now I'm starting to make a little bit of money in my career a couple years later and people are telling me like You know you look you you'll have friends that actually are in the markets and they'll tell you Yeah, the time to buy is when it's low. This is gonna be the thing of the future. And they said, oh, you should invest in it a little bit. They tell you what is that, a certain percentage that you should invest.

Yeah, a lot of people say 1%, 3%, 5% of your net worth in Bitcoin. Yeah. So I'm like, you know what? I'm making a little bit of money now. That $6,800 loss wasn't that bad. I was bad at the time. But at this point, I'm making a little bit of money now. So you know what, let's do this.

So I signed up to where it'll be automatic draft, 500 every month, just go in there. So I'm like, all right, we'll do that. And I forgot about it and I think it was maybe ten months and Then I looked and the price because the prices were steady for a while the price kind of started to swing back up and We all know how wallet out of it it is because it would be a dollar, go up a dollar one day

and then the next day it's maybe, you know, 80 to the point where it starts taking a second spike. And now I'm like, I knew it would be back. I knew it even though I didn't know it. And it shot up again. And then I threw more money in there. I didn't learn my lesson the first time. I kept throwing more money in, I threw more money in there. I didn't learn my lesson the first time. I kept throwing my money in, I threw my money in

and then it went back down. And this was specifically in Bitcoin? In Bitcoin. Actually, so at that time Litecoin didn't really move a lot. Yeah. And so I threw some money in Litecoin but I think I had maybe like 20 Litecoins. And that was way back when it was cheaper.

But I just I was like, oh, that doesn't move. I just I don't even worry about that. I worried about Bitcoin because that was the big, big guy. And then you started to learn a lot about Ethereum and all the different blockchains that are connected to that specific blockchain. And so I'm like, okay, Ethereum is gonna move, but it's not moving like Bitcoin. And so doing a little bit into that,

and I rode the Bitcoin wave for a little while, and then I got hit again. And I didn't, but this time I didn't sell. I said, okay, it is what it is. I don't necessarily need this money right now. So I'm just gonna ride it out. And I rode it out for a couple of years while it just kind of stayed normal.

And we're back now. I mean, Trump gets in the office and right away we start. But the crazy thing, the one thing that I left out in there was during that process of it just this couple years of it just being a steady price I I started to Take payments in in crypto. I was gonna say I saw that you like once got a fan award and it was like 20 grand Yes, I saw that. Yes. So at that point I'm once got a fan award and it was like 20 grand. Yes. Right, in Bitcoin.

Yes, so at that point I'm like, okay, fan award, 20 grand. And I would have to do an appearance somewhere or I'm like, will you guys pay me in crypto? Cause I don't really need that money right now. I need that cash. So yeah, let's go ahead and throw it in there. And so I just throw it in and throw it in and throw it in.

And I didn't really pay too much attention to it because at this point I didn't need it. And then it starts to, you know, we get a new president, a new government, and then they just, and I looked and I was just like, thank God. You're stuck with it. Yes.

You know what I hate though? Is the calculation in your mind of what you could have had if you had just done nothing in the first place. I tell the story all the time, but my wife, so when I got into crypto in like 2016, 17, Dogecoin was a thing, but that was before it became Elon Musk mainstream everywhere. And it was just a meme you traded like, and it would just do a 15X, come all the way back down, do a 15X. So we traded, you know, I had a couple thousand bucks back then.

You throw in two grand, sell it when it was 12, come back down, buy two grand, sell it when it was 12. But you never, you had to trade it against Bitcoin. There wasn't even a dollar value. It was so low. You know what I mean? And one day, so I sold it and whatever. And then when it went up like a penny, I was like, it's never going higher than that.

That's a dream. And then Elon Musk got ahold of it. It went to like 75 cents, right? And my wife was like, do me a favor, go back and do the calculation if you had just like never sold any of the Dogecoin you had bought 2000 bucks at a time. It was like 40 million. I made like 15, 20 grand, 25 grand on it. And to be fair, I never had a deep belief in Dogecoin,

like I do in Bitcoin or anything, but it does teach you the lesson that if you just have the conviction and you stick with it the whole time and just didn't look at it, I mean, you did the best when you didn't look at it. I have a friend who always tells me, he's like, the best performing accounts in the world

are the dead people at Vanguard. Or Fidelity, or one of them. He's like, they die accounts in the world are the dead people at Vanguard, or Fidelity, or one of them, he's like they die, and nobody takes over their account, and nobody realizes, and it just goes up, and they're not messing with it. And so it's the best performing accounts, literally, in the market.

It makes sense. The thing though is, I wasn't, especially in the crypto space, I wasn't knowledgeable enough about the other coins. So I knew there was something attached to Ethereum. Everything can go away. I mean, nothing- The stock market proves that on a daily basis too, by the way.

Yeah. But so with Ethereum, there was a function for it. Things were tied to that. So that necessarily is not likely to just go away overnight. Then Bitcoin, the way it surged, it came out, and it's a leading coin out there to where it's like, okay, that's going to be here for a while. And of course, we know that we're in a digital age to where things are kind of transitioning into that.

This was something that was going to really be potential currency because right now, it is a currency that's around the world. It's just one currency. And so it is something that's very strong and powerful and it's gonna be here for a while. The level of legitimacy that it's gotten over the past few years for someone like me who was the crazy person screaming at everybody

that this could become a legitimate thing. It's almost like surreal. It's almost unbelievable. You have president talking about it, a strategic Bitcoin reserve, you have ETFs. Like Larry Fink, the CEO of BlackRock, the biggest asset manager in the world trades in dollars is literally saying it could become

the global reserve currency if the dollar keeps inflating. It's just like, I don't know if this clicked, I don't know what that means for the price, but the fact that it's on every show, you were early to it. I mean, it's gotta be nuts to see it at this point. Oh yeah, it's extremely nuts, but to me, honestly still,

and I know there's still a ton of people who feel this way, we still don't understand it because they're saying there's only so certain amount of Bitcoins out there. Who's, how is that? Is there gold where it's just a bank where it's just gold? You know, in there? Or they're saying there's just only a certain number out there. So if there's only a certain number out there, we're dealing with the digital age where everything is digital

Where it's just your account goes up or down for dealing with that and now there's this thing of mining What I we hear of mining? How does that happen? How are you mining Bitcoin? How does that happen in the end? I'm sure everyone wants to know is how does that happen and what does that mean for just basic Bitcoin or cryptocurrency? Yeah, I mean, there'll only ever be 21 million Bitcoin, no matter what. And most likely about 5 million are lost

from those early days when people had old laptops and hard drives that got burnt. And the first wallet has a million and that's never been unlocked. So you gotta figure you're really talking about 16, 17 million Bitcoin total. And there's only just over a million left to be mined. So what mining is, is at the most basic level

is literally just solving a really complex mathematical equation, a math problem, but it requires a lot of computers and a lot of electricity to solve that problem. Like you and I couldn't do it. And so miners are competing to solve that problem and every time about every 10 minutes that problem is solved whichever computer whichever miner solves it they get Bitcoin as a reward and So every four years the reward gets cut in half and that's how you eventually only get to 21 million and there's none left

to be mined so So it's really complicated. Mining is kind of the wrong term, but I think they probably did that because people understand digital gold and they know that gold gets mined. But no, it's just it's a math problem that gets solved and the reward is a Bitcoin. And then that Bitcoin eventually, if they buy it or sell it or distribute it, ends up on exchanges and in our hands. So every four years, it gets cut in half how much they get paid to mine.

To solve math problems. But so you think about that, even if a basic understanding of supply and demand, if the new supply is getting cut in half every four years and the demand even remains the same, only one way price can really go with time. Right. Yeah, and most people don't understand it at all,

but they do understand something being scarce. Yes. If you trust that that is the case. That's, I mean, obviously that's the, that's the exact word is trust there because you have to trust that this is what they say it is. There's only 21 million. Okay, so that means if everybody wants it,

everyone's storing money in there, this price is gonna continue to go up. So when you have companies like Coinbase or all these exchanges to where, so we're giving them money for them to give us a piece of those Bitcoins. We're just, they're just making fees off us trading it together.

I buy, you sell. They make their little like- They make their little fee on it. Just like the stock market, you know? So that's their business and it's a huge one. But it's just based on volume, right? And then you get into the other exchanges outside the United States where they have leverage

and you can like 10X, 50X, you know, I can use a thousand and turn it into a hundred thousand and they all lose their money. Those people make you a lot more money. Wow. Yes, we all lose our money. That's right. Yeah.

I mean, but at the end of the day, the lesson is just like buy some and hold onto it. I told you, I went through all the trading phases, all the speculating, like messing with all this stuff. At the end of the day, you realize you're just in a big ass casino and it's worse than Vegas. Really? Because with anything other than Bitcoin, like it's more centralized.

Somebody controls Bitcoin. It's beautiful because Satoshi Nakamoto, whoever that may be, created it and left. So there's nobody that can manipulate it. Nobody can change it. Nobody can do anything. Really? So they say. The other ones are kind of like, no, they can't.

I mean, that person could come back theoretically and unlock that million Bitcoin. That would be the only thing that they could do, but there's no way to change the actual algorithm. It's literally perfect. Okay. And now, obviously, with me being a fighter and doing what we do is the UFC clearly has gotten into the space as well with their partnership with Crypto.com. Crypto.com, VeChain.

VeChain. I got to spend a little bit of time with VeChain and some guys there to kind of try to understand that a little bit more. And I mean, it sounds fantastic what they're doing. If this is really what it is, where this is kind of where the way the world is moving towards. 100%. And VeChain to their different apps and programs

are willing to create platforms and for us to still be able to function and function in society properly and be rewarded in that way. I think it's fantastic. What they've built is absolutely brilliant because you want to do good. I talked to Dana White about this yesterday. He's an advisor now for them.

I think everyone agrees that you don't want to swim in the ocean and have plastic floating around next to you right so whether like you think environmentalism is bullshit or global warming people it's all political everybody wants to not like swim in trash right so there's a basic understanding and if you can collect that and even just get a little reward it can be money but you could think of it like a Starbucks point like whatever it is a reward for doing that, who wouldn't do that?

Absolutely. Right? And then if you're not trading it and you're not trying to speculate it, you're not putting your money into that, you're just earning it. So anything you get is a reward. Right? And so I think they've really like hacked the best use case for the technology. Right.

And I mean, I think that's incredible. Obviously, with we live in the just the media world right now. I think getting that out is kind of like the thing because obviously, with the partnership with UFC, yes, UFC is going to help do that with all of the fans that actually watch and UFC. And another reason why I think this is great is because obviously the biggest thing that we want in this world is opportunities. Most people just don't have opportunities or get opportunities. And you might wake up and you might want to work hard and say, yes, I'm ready

to work hard, but there's no jobs for you to work. And so with something like this, if I can, if it's just an application that I can have on my phone and I can go around and earn at different places and doing different things and doing different tasks that obviously helps benefit the world as well as a whole. I mean, I think it's fantastic. And for me, I still need to be brought up to speed on how to really utilize that. Because I mean, I still don't necessarily know,

necessarily know how to utilize it. To be honest, like most of it hasn't gained traction where almost anybody knows how to. I was talking to Sunny from VeChain about that and it was like, I've been here since 2016. When are we going to see one of these things become the thing? We have Bitcoin, obviously. That's now, I think, well established. It's all over the place.

And you have stable coins, which are just dollars on, and everybody understands that. It's just a dollar on a different rail. But all the other promises of blockchain, the technology still haven't really caught that real tipping point. Right. I mean, what do you think is, how do we get there? I think that this is definitely one of the things

that they've built. I think there's a few avenues. I think gaming makes a ton of sense for blockchain technology. Like, kids are buying, spending thousands of dollars in Fortnite. Imagine if that went into an asset like the shield you bought or the sword, you can actually trade it with somebody for money.

That makes a lot of sense to me. Absolutely. But at the end of the day, I still think at the core, the best use case is freedom from the system to whatever degree, Americans don't get that, you're from Nigeria. Nigeria is a top five country for Bitcoin adoption in the world because you have youth, they're tech savvy, and you have inflating currency.

So we live in this sort of glass house, everything's perfect here, we can send money, but I've also tried to send somebody in Africa like a $20 wire, you can't do that. No. But I can send them a stable coin in five seconds. You know? If I can send you 30 cents in five seconds

for one penny using crypto. And so in Nigeria, it's absolutely exploded. Right. Bitcoin's extremely, extremely popular there. I mean, I've been hearing a lot of things about it, but I haven't been there long enough to start to really utilize it. But I mean, it only makes sense.

I mean, if this is really the true currency that we're because we obviously there's a currency war every day. And even right now, more so than ever. That's crazy. And so Bitcoin is really truly the one true, stable currency. It only makes sense. And there's one opportunity right now. I still think that, I actually think that right now, even though we all bought it at 2000 and 3000 and 5000,

back then, it was more of a lottery ticket. You really felt like it could go to zero. Maybe governments would ban it, maybe all those things. So even though the price is higher, I think the best risk reward right now, cause you know that it's accepted now. I think it's a great price personally. I'm buying it here. You know what I mean?

Like maybe, and I still tell people all that I think it's a good idea longterm cause I think it's going way, way higher. Let me ask you though, you got paid 20 grand a couple of years ago on Bitcoin. Did you sell it? No, I did not sell. Well, I'll tell you what I did. I got the 20 grand and this is before

the current administration came. So I got the training just in time, boom, 20 grand. My God, $20,000 in there. All of a sudden, administration comes in, 26 grand. Within a matter of, I wanna say a couple months. Boom. Yeah, 26 grand. Yes, I'm loving life. You know, I'm flying into that. 26, 26 grand. I'm, yes, I'm loving life.

You know, I'm like, you know what, let me go ahead and transfer some of this. So I put it in my wallet and, but I, in that, I left in that, I left about, I wanna say two grand in there. I just left it. And then here comes these new coins that are skyrocketing right away.

And I'm like, huh, let's try it. We've never really gambled with these, but let's try it. These, it flew from one day. Remember what they were? Yes, we know what some of them were. We don't wanna say what some of them were. We won't, we don't wanna say what some of them were, but boom, they drop in there. $10, $20, $25.

I'm like, whoa, in a couple of days, yeah, let's do that. So I started getting out of that two grand. I'm getting out and buying those ones with my Bitcoin. At least you're only doing it with that two grand though. And then that's what I was introduced to what a pump and dump is. Yeah, welcome to the party. And within the weekend, I had lost 1400.

Yeah. I was just like, wow. Big meme coins. Yeah. What just happened? Were you messing with like Haktua and? 1400. Yeah, I was just like wow, they mean coins. Yeah What just happened? We're gonna mess with like hop to uh, oh no I that I did hear of that and I was just like what how was that even possible? like who who is There's a team that was going around convincing celebrities governments like the Argentina I like literally convincing them that they were gonna build something serious and then basically programming it so they

could just get the bulk of the coins and sell them off immediately as people were buying. It's absolutely disgusting. It's a real big problem because people conflate it with Bitcoin and it tarnishes the reputation of this thing that actually is quite pristine and serious and legitimate. And you can't blame people for just hearing crypto and thinking that Bitcoin is the same as all this stuff. But it's like there's this wild casino over here. And like I said, it's like Vegas, but Vegas has like a 51% chance of like, you know, for

the house edge. And that's enough for them. There's like a 99% house edge in crypto. It's all, I mean, that stuff is legitimately all scams. It's horrible. And I saw that because it's, I guess that's where the fear is, is who's regulating all of these?

Nobody. Who's allowing these people to, or I'm creating a coin and if you make enough buzz outside here, that starts to go up. Have you ever had anyone come to you and try to use your likeness to create one? Absolutely. I kid you not, there was approach,

I've been approached several times, but I was approached as far as making a coin that will be used in gaming. I was just like, they're like, it's easy money, bro, you're gonna make money, blah, blah, blah. And I was just like, they're like, is this easy money, bro, are you gonna make money, blah, blah, blah, and I'm just like, I don't know enough about it, so I'm okay. That's good, because most people say, let's go.

And honestly, I was just approached again. So I've been approached a couple of times. I was approached this one time, I wanna say last year, by this guy, he's got quite a good following, which now it seemed fake. Got quite a good following and so he approaches me and through social media and says, hey, with your name and likeness,

could you, will you post about this coin, blah, blah, blah blah and we'll pay you this amount it's a handsome amount i'm not gonna lie so i consider it i mean it's just a post but i do take my social media series because that's like my voice that's my that's an extension of me so i'm considering this now it's a it's a good amount and i'm'm like, okay, I'm gonna do this. So we're talking back and forth, me and this individual, and I think it's an individual. So we get to the point where they're, okay,

what the deal is, is you're gonna post this and this and this, I won't send you that. I'm like, okay, but I already know how this space works. You know I need the money up front. And they're like, all right, we'll send you the money. So last minute I was just thinking to myself, I'm like, should probably do a little bit of research on this guy, just a little bit.

Not, you know, you're seeing followers here on this platform, but try to do a little bit of research. Had to be Twitter. So I go, I actually go on Twitter to do some research on this guy. Lo and behold, I have to scroll quite a bit but once I start seeing, I got scammed again. I got scammed again.

All this guy used me to scam. That dude Sahil? Sahil. Maybe not, that was the one who was behind a lot of the bigger like celebrity ones. I think I was hit, you know what? Swear to God, I think that's real. You know what, I think I was hit up by that guy.

And so I'm like, let me do a little bit of research. And once I did a little bit of that research, I'm seeing some things come out and I'm like, whoa, I'm not doing this. You made the right decision because it would have been a scam. And that's so, but the thing is, okay, I understand if it's a scam, but do I get paid? So I wonder if they were going to pay you in the token. So that goes down on you or if they were just going to pay you in the token. So that goes down and dump on you, or if they were just gonna pay you in advance

and say, hey man, you get this much, but we're gonna be able to scam this much. So it's worth it because. So that's what I was thinking, because of course you gotta pay me USD. Yeah. So I'm just thinking, okay, you pay me in USD, but so are you scamming everyone who,

or are you scamming me as soon as I need my account details? You go ahead and just, I don't know how the scam is working. Probably everybody else. Yes, but I saw that. You might get scammed one way or another, but it's probably like they pay you, you do the tweet, they launch the token, they run a bot to run it up, but they got all the tokens,

and then when people start to buy, they dump on all those people. So every penny you make or anyone else makes is coming out of the pocket. This is a zero sum game. It's coming out of the pocket of the people who trusted your post. See Conor McGregor just launched one like last week.

Did he? Was he personal? And it did nothing. Yeah, right off his account, a tweet about same thing. Wow. Did nothing as in where we at? Like, I don't think, no, but I think they tried to like do a pre sale on it and only got like a couple hundred grand or something They were expecting to get tens of millions of dollars. So just didn't happen

So I think at least like I think that's kind of dead like I don't even think you don't think any of those celebrity coins didn't like Ended up doing well and the Trump doing well. And the Trump, the Trump coin didn't do well, right? I mean, so. I mean, for a few days there. If you were there at the day one, you still did well. If you were there in the first hours.

Well, you know what? But most people buy it at the top. Yeah, and I started seeing tweets by, I think the, one of the Trumps. Eric, Eric loves it. Is it, said that I just made this amount of money in a day. Is it, Is this wrong? Oh yeah, I don't know if that was him or, yeah.

To where it was almost insinuating like a pump and dump. It was almost like I'm making an obscene amount of money and I'm not doing anything. Is this wrong? And the same dude who did that did the Argentina coin. Really? It's like this kid, man. Somehow convinced everybody.

Oh, so that was also a scam? He did the Melania token, I think, technically. Well, the Argentina coin was an outright scam. I think once they realized how much money was made by doing Trump, which I will not say was a scam, I think it just, it's unfortunate because most people are going to lose money. But yeah, the Argentina one, I mean, they basically took the supply of what they had and just dumped it way back down. And they had the president tweeting about it and then he was erasing his tweets.

I mean, there was a call for him to be impeached over this token that he probably had his social media team was probably doing it and he didn't even really know about it. It's a cautionary tale though, man. I think hopefully because after seeing the Trump token and then the Melania won the day later Which that one down 99 whatever percent and then they Argentina stuff. I think Everybody's like I'm not touching my name to something like this. Right, right What's your upside really that one check and then people think you scam them the rest of your life, right? Exactly, and then that's why I happily just bowed out. I

Yeah, I'm okay. I will do it. So with a platform like VeChain, can you help explain that to me a little bit on how that keeps me in the crypto world besides me just earning tokens for what I do? Well, they have a token that's been around forever and have had multiple use cases. And frankly, I'm relatively new to being close with them.

I've been friends with Sunny forever, but this new iteration is what kind of got me really excited about it again. But they're one of the few that actually has real clients, real adoption, real companies that's usually using it. But I mean, at the most basic level, like real clients, real adoption, real companies that's usually using it. But I mean, at the most basic level, like I said, you literally take a picture of the stuff you cleaned up or it connects automatically to your Tesla.

So once you enter your account, if you EV charge, you're just getting rewards into an account. There's nothing about that that can be negative. Like I said, maybe that token is $10 one day and $1 one day or $5, and you can choose what you wanna do with it. But no matter what, it's rewarding something you're doing anyways.

To me, that's just such a no brainer. Who wouldn't do that? Absolutely. I think it's, obviously it's a thing of the future because you're connecting people in this space of crypto where like, obviously for most, for us, it was to get into crypto, you gotta put your money in. Yep.

And based on the recent events, what we just talked about with all these different scams, it scares people away. Like, why would I ever dip my toes in it? That's right. But if you can get it for free. Exactly. So if you can get it for free, and then at the same time,

with the component of actually helping to make the world a better place, I think it's a slam dunk. And I think it's something that like people always late to the party sometimes. Be honest, I'll be late sometimes. Not on purpose, but I still think for most of it were early though. Man, I got to put you in touch with some people in Africa who are doing crazy things with crypto that I've met with.

Absolutely. I would do crazy things with crypto. It would be a perfect marriage of what you're doing and it's really genuinely helping people there. Yes, absolutely. I would love that because I think it would go hand in hand because Nigeria especially is, it leads the world in youth population. And there's so many different things, especially with, even with my promotion that we're doing,

it's just trying to empower the youth to just do things in a better way or give them an opportunity to do things. Because it's, like I said, there's so many places in the world where there's the want and there's the will, but there's no opportunities. And so yeah, anything to make the world a better place. And of course, if I'm helping, you know, the country that produced me, absolutely. I love that, man.

Really appreciate your time. It was really, really, really a pleasure. We gotta do this though, for real. Thank you, thank you, definitely. Let's go.