EP:37 - Entrepreneur Inspiration - Bitcoin HEAVY with Doug Scribner

Doug Scribner, an early adopter of Bitcoin, shared his journey from working in audiovisuals to becoming a significant player in the cryptocurrency space. He bought Bitcoin at $3.50 and continued investing up to $100, amassing a considerable amount. Doug's entrepreneurial spirit led him to start several startups, although he candidly admits many were failures. Despite this, his investment in Bitcoin proved to be his most successful venture, allowing him to transition into an investor and entrepreneur role.

Doug provided insights into the world of Bitcoin and cryptocurrency, emphasizing the importance of understanding and strategizing investments in this field. He advised against Bitcoin mining for individuals, suggesting it's more practical to directly invest in Bitcoin. Doug also shared his perspective on the future of Bitcoin, predicting significant growth and advising listeners to hold onto their investments for the long term.

Throughout the podcast, there was a focus on the Owwll platform, a mobile app that facilitates paid consultations with experts in various fields. Doug Scribner and the hosts, Jason Hill and Ellie Santra, discussed the potential of this platform for professionals and entrepreneurs. They explored how Owl provides unique opportunities for networking, mentorship, and knowledge exchange, particularly beneficial for those seeking guidance in areas like cryptocurrency.

Takeaways
1. **The Evolution of Cryptocurrency Investment:**
   - Doug Scribner's journey from buying Bitcoin at $3.50 to becoming a major investor highlights the potential of strategic cryptocurrency investment and its impact on personal wealth growth.

2. **Understanding Bitcoin's Future in the Market:**
   - Doug's insights into the future of Bitcoin emphasize its anticipated significant growth, suggesting that holding onto Bitcoin investments can be a wise long-term strategy.

3. **Leveraging the Owl Platform for Knowledge and Networking:**
   - The episode underscores the Owwll platform's role in providing opportunities for mentorship and professional connections, especially valuable for individuals seeking expert advice in fields like cryptocurrency.

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Transcript

0:23

I bought bitcoin at $3.50, and I bought a shit ton of it up until $50. Then I bought a whole bunch more, up to $100. So I own a good chunk of bitcoin. To another episode here on the Owl podcast, I'm joined with my co host, Ellie Santra. And we're going to go into detail today about bitcoin. The man to my left, there's a thing or two about that. He's an entrepreneur, started a quite large company around it, and also he is a poker player. So I'm sure I'm going to get him to tell me a couple of tips about poker because I love Texas holder myself and also just health in general, things that I've went through in my life. He's going to share what he went through and how we're going to make a bigger impact to this world to kick things off. Ellie, what is happening on your end today? I've just been hanging out here at the Owl office on the app, meeting a lot of cool people. It's actually funny because I was on the chat forum earlier today, and Jennifer Geigel was on the chat forum and wrote, hey, guys, I really need help with bitcoin. I have a friend who's super interested and I was like, wait, jennifer, you have to tune in to our episode today because Doug Scribner is going to solve all of your problems. So some of them, yes. Some of them. Maybe not all of them. Okay. I don't want to oversell here. Why is it deep dive? It doesn't. And it does. It's like, hey, look, how much do you need to know about the technology? I would argue you don't know anything about text messaging. But you do it all the time, right? What's the name of the protocol for text messaging? You don't know? It doesn't matter. SMS. Standard messaging service. Okay. I don't know if that is that right. Standard messaging. Sorry. That is close. Well, I'm not. And then when you signed up with your first email, or you get a new email, you use pop three or SMTP. You got to decide which. AOL. Come on. Everything was AOL back in the day. And you've heard of the protocol? Www. World Wide web? Yeah. Hypertext transfer protocol. Getting better. I'm not too bad here, right? You were getting a lesson. So for someone who literally knows nothing about bitcoin, right. I don't know, where do you start? I feel like that's my first question. For those of us out here that are like, we want to make money, but where do we start? That's not where I start. Okay. I start with philosophy. Okay. That's what drove me into bitcoin, is like, we didn't care when it started that you'd become rich, right? No one knew. So you were passionate about bitcoin, and then the money came from that. Essentially, yes. I was rewarded for my passions. They always say, follow your passion. Yeah. This is the case when it happened. My passion is fair, borderless, not manipulatable by politicians, philosophically sound money, and that sounds so freaking boring. Can I swear in this podcast? Absolutely. All right. It sounds so freaking boring. I'll stay with. No, it actually doesn't. The way that the country is going right now, I think that sounds really appealing to a lot of people. It's not. You're raw. That's why every live podcast is coming back, because people don't want all the edited BS anymore. Well, maybe, but I mean, to describe computer science, computer protocol. That part. Yeah, that part, exactly. You don't need to know about that. And I didn't know about that. I still don't know. I'm not a tech guy, really. I'm not a computer programmer. But I did understand the arguments of why we need sound money, why we need politically neutral money. It can be used in any country. No government can manipulate it. They can try. They have tried. They will try. But ultimately, the US is one country. It's a powerful one. And China banned bitcoin mining. Did that stop bitcoin mining? No, they had more bitcoin miners were in China than any other country. The government banned it, and nothing happened to the bitcoin network. Okay, so I got to ask a question, because the first thing that came to mind when she said bitcoin was making money, right. And that might irk you. I don't know if it does or not, because the philosophy is it's a digital currency, right? The blockchain, the technology behind it, and that could get it kind of like, it's not gambling, it's not Texas hold them poker, right? So when she says, oh, bitcoin making. Money, what comes to mind to me? Yeah. Well, like I said, I got into for the philosophy, but you can make money on it, you can short it and long it, and you can day trade it. And now with the ETF, that was approved Thursday, last Thursday, the US government, the SEC, lost so many cases against bitcoin companies, so now you can get it in your 401K brokerage accounts. I'm going to put a little spice in here. I don't know. I just got an email last week about that. I am a finance. You do know I'm a financial advisor, right? I was going to say I am registered. And I got an email from my broker. Be careful, you cannot sell this just yet with that announcement, because they still have to do their proper due diligence to get it on the platform to put it in brokerage accounts. But of course, you go to Schwab fidelity, boom. Self directed. You do whatever you want. It's available. Self direct has been willing. And that's why some of the bs and the crap that has chained financial advisors who can't give good financial advice because they're handcuffed by politicians and old school thinkers. Yeah. So bitcoin comes along and all these financial advisors who might love it, understand it, can't tell their clients, which means they're not being good financial advisors. Irony, right? It is. And of course, I'm a new school advisor, right? So I'm not like the old school types that are out there. I leverage technology. We have the mobile app. So it's hard for a lot of advisors out there because they can't give their true opinion on it. No. Just have to stay 100ft away. But things are changing. It just goes a little slower. Lawyers got to get involved and they have to protect the bigger brands just in case. That's why. Yeah, bitcoin goes fast. Also with know, obviously we're in, you know, all these license plates now have to be changed. Everyone at FTX, black license plates. I was a major issue. So then the broker dealers stand up for themselves, say, see, look what happened with FTX. So give us your opinion on that. Look what happened with FTX. Did that happen to bitcoin? Nope. Nope. Do people understand the. No. Right. So people, here's the difference. FTX is a company. It's not bitcoin. Coinbase is a company. Fidelity is a. Yep. Wells Fargo is a bank. If Wells Fargo gets robbed, does that mean the US dollar is bad or been hacked or something? I love that answer. Because just yesterday I told a client, they're like, my friend told me not to do this with this insurance policy. And I'm sitting there like, your friend, did she see your insurance policy? Like, she has a different one. It might be the same brand, but she took it out at a different time frame. And it's the same philosophy where you're speaking about. It's like people jump to conclusions really quickly that FTX does all these other everything around bitcoin. But it's like, no, they had one element with bitcoin, but it's a brand that screwed around. The CEO sold bitcoin. Yeah. There's so many misconceptions. Oh, it finances terrorism and drug dealers and tax evasion. But when they do the studies and they dig deep into it, they find like a fraction of drug deals are done with bitcoin. A fraction of terrorist financing. Do you know where most of the terrorist financing and drug dealing and sex trafficking happens? Which currency? It states? Dollar. Us dollar. Are we going to close that down? No, that would be more effective to stop all those things, though. The US dollar is more anonymous. So let's dive deeper into you as an entrepreneur. Right? Tell us your first brand, when you started it, how you got to this point. So I came from the video of editing video, wedding videography, sports video. I did all the mixed martial arts fighting videos. We used to drop cage. This is why I picked you for this podcast, because we were chatting and I was like, wow, you've lived like 70 lives. You need to come on the podcast. You get what it means to be an entrepreneur. I'm way older than I look. I feel very young. Wait, I'm way older. Yeah, that's right. Exactly. I'm way younger than I look too. Yeah, I got a young soul. So anyway, coming from the video space, that was my first passion. I sketch comedy and this kind of crap. Did wedding videography for years. Switched to mixed martial arts. We used to drop cages onto dance floors in Minneapolis nightclubs, including First Avenue, where Prince famously performed. And then we would strap deer stands to the cages, and I would have guys up there with cameras, with cables on them. In the old days, we had tape in these cameras. So anyway, I was a video guy. So as I discovered bitcoin a couple of years later, I'm thinking, what can I do with bitcoin? That combined, what can I do? Video. So I came up with a way of launching videos on a pay per view. Launching videos by scanning a bitcoin QR code that's on a screen. You scan the QR code with your bitcoin wallet. The QR code throws that bitcoin to the artist. The platform, my platform would take a sliver of that, and most of the money goes to the artist. And that was live streaming, no recorded video. Oh, recorded. Okay. You'd upload so your band's video, your comedy sketch. So rather than putting it on YouTube where monetization can be, I mean, you have to have a certain number of views to even get any money on YouTube. Someone like myself, who is an artist, would say, hey, I don't know anything about bitcoin, but why not try to get into it, right? I think a lot of artists, including myself, are also curious about the NFT space now as well. This is 2014, when we started. It's called Watchmybit. You can look for. The demos are online still. Okay. The website is up, watchmybit.com. But there's no. You were, like, ahead of your time so far ahead. Yeah, we went to Vidcon, which is the largest YouTube conference. 2015, I think, 2016. And we had a booth there and people are going, wait, what's bitcoin? No, videos are supposed to be free. I don't know. You can charge $0.29. Can you imagine credit cards? You can't charge $0.29. Yeah, that's impossible. So one of the advantages of bitcoin is micro payments. So you can charge a dollar, dollar 50. There's no credit card payments. That money goes to the artist. It doesn't go to a credit card processor. Right. Yeah. Then to PayPal, then to YouTube. Then what about taxes? Sorry to cut you off like that. How does that work? Look at this financial guru over here. No, just like with. Obviously, if I'm an artist and know I get money in a tip jar at a live, like, maybe I'm not reporting those. You're not, because it's a gift, literally. But. So with bitcoin, how does that work with taxes? Same way it works if you're repairing snowmobile engines or lawnmowers or a car. If you make over$600, you got to report it. It's all. Yes. Okay. Versus how Vemo used to work. Right. People used to give mo all the time. Right. Vemo changed it up. Now maybe you can use emojis still and they won't know. One of my friends might be using the owl platform because he's a specialist in taxes and cryptocurrencies. It's a lot of ins and outs and things. And in that you're not chained by the government or banks or whoever. You can just give advice or, like, Jason is a little chained. Well, yeah, because you're not an official financial planner, you're a coach helping people make their way through a sometimes confusing new technology that's going to free the world. Cool. Remove politicians and they're manipulating ways. And then when you were talking about bitcoin and you're not in it for the money and stuff, like that, other than the money aspect and I guess the political aspect, what are the other benefits? Yeah, I guess. Or just like the reasons? Sort of. Yeah. So this gets into monetary theory and philosophy. Are you motivated by a kind of money that politicians can't manipulate? It's called hard money. Gold used to be hard money. This is a boring topic for most people. Never mind. You can ask him on owl. Yeah, but that's all I'm on owl for this show. Next. So if you want to avoid war, you don't want to fund wars, you don't want to fund oil, you don't want to subsidize big corporations. Right. These are all reasons I had for liking bitcoins. Got it. I got rich along the way. Awesome. What was the aha moment when you say you got rich along the way? Like, when did you go from a solo entrepreneur to all of a sudden crap? I need to. Yeah. When did you know? Did you raise? I made it. Did it come in naturally self funded? I got such a good story. Did you get to 100 employees? Tell us. No one out there really in our audience may know this whole story and we want them to really see what it was like. So I started buying bitcoin 2011, less than $5 per coin. And at the time, I was working for an AV integrator audiovisual. I was pulling cables through ceilings for microphones like this kind of cable, cameras and control systems and those nice boardrooms. So I was up there, and my friend Mark, who's a financial planner until I hired him full time so he could now actually stop worrying so much. Sure. So I'm sitting there on a ladder pulling cables through the ceiling, and it's like, Doug, we got to make this decision about. Watch my bit. My first business platform. Are we going to do this? We do that. Get off the ladder. Do you know how much you're worth right now? No. Let me just do it. Blah, blah, blah, blah, blah. Okay, so you're saying I should quit my job? Yeah. I loved my job, by the way. Wow. But you said you left or you loved. Loved it. Okay. Loved that job. It was so fun. Traveled a bunch, didn't make a lot of money, and I didn't care. I'm not money motivated. Yeah. Ironic that I'm so freaking have it that you've been to my yacht. Yeah. What was it worth at the time when you say, like, you didn't know, telling you that there's often situations that happen when the person doesn't know the stock price and happens with stocks like apple, it happens with the one on the table, Celsius. Right. That stock exploded, went from two, $3 to over 100 in a matter of two, three years. And all of a sudden someone's like, oh, I only have 100 shares, and at $3, that's not that much money. But all of a sudden, when there's exponential growth, all of a sudden someone's like, wait a second, this is now worth half a million, 5 million, 10 million? Right. It sounds like you were a little naive at the time, so I'm just wondering if you're okay with saying it. You don't have to say it at. That time because times have changed. I wasn't naive about it. I didn't care. So I bought bitcoin at $3.50 and I bought a shit ton of it up until $50. Then I bought a whole bunch more, up to $100. So I owned a good chunk of bitcoin. And all my team was saying, doug, stop talking about this stuff in public. All right? So by the way, I live in Iowa. I'm just visiting here. My name is Bob, and I'm not who I think. Yeah. Anyway, so bitcoin went from owned a bunch of it. Yeah. Now I've parted with a bunch of it because I paid employees I bought. So let's get into that side of the story. When did the brand start and when was the scaling moment of the brand? Well, my brand is nothing more than Dougco. That's my office name you can think of as a family office. So now I'm an investor entrepreneur. So I started several startups. Okay. Another one was a private jet hailing app. Another one was, I'm going to call it a financial kiosk. Mechanical, like physical kiosk. Now, were those successful or those were failures? They're all failures. So how many failures before the successful one? Well, there are no successful ones except for bitcoin itself. So because I'm an early adopter, I have a family office. You could say that. Oh, I see what you're saying. Yeah. And I did. No idea that I suddenly have a family office. I had to hire people to help strategize and tax purpose all this kind of thing. So my brand is Dougco. Got you. It's all making sense now, right, exactly. And I have started several companies. Some of them are going to around still in one form or another, but. I have say several. Like how many? 10, 20, 43 main startups that you yourself and I myself are founded. I'm a very hands on startup part of it. We got you. Exactly. And then I've invested in many other side companies and I've helped got you some visionary things that I am motivated by. Do you pick specific ones to invest in or you kind of stick to a certain, like, some investors will say healthcare only, right? Some will say fitness only. Some will say not touching mobile apps. 99% will fail. A lot of them will never touch a beverage company, right? And some people won't start with a co founder that's never done it before because the failure rate is so high. So they'll always say second time, third time founders, right? Because those early founders, everyone roots for the underdog, but we know the truth. Most of them fail, right. About learning experiences. And like I said, a good entrepreneur is one who has failed several times. So good entrepreneur here, right. But my success is that I had enough wealth because of my wisdom, my owl like wisdom, to see bitcoin spot trends early. Yeah, and early. So early, like no one knew this was going to happen. I mean, I sold smoothies for bitcoin. But did you sell any of your bitcoin? You've held it this entire time? Well, that's a whole other story. Yes. I ended up selling some. I've ended up making bad loans. Friends. Sure. I've also paid for conferences. We sponsored one of my companies, fly air, sponsored Sundance twice. We flew in Macy gray. Oh, nice. Brought her friend Avril Levine. We flew the Wu Tang clan to anarchal Poco. If you watch the show the anarchists on HBO, when you see the Wu Tang clan, I flew them there in my private jet hailing app. Not a private jet. We don't own private apps. You said an app. It's a private jet app. Like Uber for private. And that's nothing new anymore. But we were pioneering that. We had a token, crypto token, which was a frequent flyer mile. It was a lot of cool stuff. Yeah. And what about the other brand that you spoke about earlier in the show that someone like the video one Ellie can post a video and then start charging twenty cents. Thirty cents. Yeah. Is that still around? We closed it down. The website is up, all the training videos are up and all of our. So all the three. Are any still around? No. So watch. My bit is in hibernation. Okay. And it's been replaced now. We are such early pioneers. Nfts have come along, new coins have come along, but no one has done video streaming being launched by crypto successfully. There's been other imitators, libraries, but not successful ones. Right. One of the reasons is that nobody expects to pay for video. Yeah, nobody. Not even 29. Same with music, the songs. You don't realize that the artists put in so much of their own money, and it's like, can't you just give them a little bit back? Exactly. Unless you're an artist yourself, it's hard to understand the reality of those things. What is your feeling about the whole entitlement world when it comes to, everything's free. Free. Why would I pay? Because obviously we have a mobile app where you have to pay to speak to somebody. And we get that a lot, too. They're like, why would I pay to speak to someone? Like, I don't know. You get to the front of line. You could speak to someone, pay to. Go to a networking event on cameo who charges hundreds of dollars, do a video. And now you could chat with them. They're listing themselves at five to $20, and you have a one one conversation. And cut out all the bs with messaging people and just trying to get a meeting with them. Right. Give you access to experts that are sometimes untouchable. Because we're not sharing anyone's phone number on the app. It's only an app call. And the person on the other end, like yourself, you be the judge. You want to go make yourself available to take some calls at one dollars,$100, that's up to you. Right. And you just want to be friendly, do a dollar and be like, I just feel like sharing some wisdom. Yeah. Watch my bit was a similar concept, except we had video streaming, recorded video. I mean, not streaming, but recording. Yeah. Right. Except your system is a live person who is there. Maybe they're philosophically motivated and just want to help people. Like you said, we do have so mentorship Mondays. We have a lot of successful ceos who just like. So it's their time to give back. People like to give back, so they lower their price. We've had the CEO, John Fieldy, CEO of Celsius, like other big ceos, get on owl on Mondays. Lower. They're usually $100. They lower their price to a dollar. Then it's mentorship Mondays, and people call them and they're giving back their wisdom. And we even have things with college students where, like, oh, we're looking for internships. Let's go on Mondays. Like that kind of thing where they really can mentor and network. And so it's a whole thing. Let's do it right now. This is the part of we are going to share our screen. I have someone in mind who I want to call. I'm going to take a selfie while we're doing this. So watch this. Now we're going to put the screen up on the tv and you could see it from here, but the audience sees all these live experts. So what we're looking at is all these experts are available to speak to. And then we have different categories, like podcasting. Right. Advertising, publishing. You could search any expertise. Right, because we have a whole menu. Or you could just do like a Google search. You want to search for someone at. The top right there, put in bitcoin, see what's ready. But someone just posted. So we have this chat forum where people literally can't. Yeah, I want to call Jennifer right here. Jennifer. And she said, I have a friend wanting more information. Crypto mining and cryptocurrency. Who do you recommend? And then here you go. Perfect timing. We have a guest. Now, you weren't in the app yet. I can't tag you. But once you're in the app, right after this episode, he will be available. He will be an expert. So just hang tight. Everybody are watching. But what we're going to do. Is Jennifer live right now, by the way? Yeah, she is. I just saw live. You should call her. We are going to call Jennifer. So let's see if she's on this home screen. Pull it down one time to refresh so I don't have to search for her. There she is. Oh, she's only $55. Well, she's getting a gift. Yeah, because usually I wouldn't call her $55, Jennifer. But if you're watching, what does that mean? She's charging $55 for her service. Yeah. What does she do? Well, we're going to ask. Find out. Okay. Because you're going to ask her question. One of the things she does, calling. Her and she doesn't know, but then. Amazing, because I've talked to her, is she helps people find ways to make money at home. So say I'm like, I need a side hustle. She has a list of, like, jennifer, the apology. Are you patched in? I think I. Oh, she was at work. He was there the whole time. This is perfect timing because we did not stage this. Can you share with our audience and our guests what you posted in the chat form today? And we want Douglas to answer it. Yes. So I actually have a friend, so it's not even a question for myself, but a friend of mine is looking about how to do crypto mining. So he asked me, he said, do you know anybody that I could talk to about crypto mining. So I said, well, you know what? I'm going to post that on owl. I'm sure somebody can help you with that. And then I was going to get him to call that person on. Yeah, okay. Because I don't know anything about crypto mining. So he says, jennifer, I need help with crypto mining. And I said, well, I'm not the right person for this. So I said, let me find you somebody, because I'm a person that usually I'll find if I don't know anything about it, I will help because I do have 18 streams of income, but none of them are crypto mining. So, yes. You have any crypto mining advice to give? I would love to pass that along to my friend. I'm going to address two of your issues. One is earning passive income with crypto, which is something else you can put under your hat. Number 19. Yes, but here's the best advice on bitcoin mining and most crypto mining. Ready? Any money that you're going to put into mining, just buy bitcoin. Don't really do it. No, it's complex. The competition is so big, you need giant data centers. There are smaller cryptos that you could mine. It takes a lot of research to find coins that are worth it. And then the best advice is you mine these peer coin, Akash, you mine not akash, but you might. A caspa is one that's coming up, but you would just sell them instantly and buy bitcoin with know. And that's what you should do. You shouldn't sell them for cash. You should buy bitcoin and sit on the bitcoin for three to five years because there's a lot of things happening within the next three to five years, actually the next six months, that we all expect the bitcoin price to explode. And then in three to five years, it's going to triple or double or quadruple or even ten x. Really? Okay, so here's another question. So I know that you're going to say, well, I can't give advice on that because in case it goes down or something, you're not responsible. But if you were to choose three cryptocurrencies that you would say are maybe something interesting to look into right now, which three would you suggest to somebody who's a newbie? I do have a little bit of cryptocurrency, but not a lot, just a couple of $100. But if I were to buy a few more $100 worth, what should I be looking at right now, bitcoin. So here's the rule of thumb. 80% bitcoin. When you get to 80% of your portfolio in bitcoin, and then you can gamble, which is exactly what all other shitcoins are, is gambling. I do have projects that I like that are profitable, but I have a team of people who research them and all that stuff. And I can tell you I'm a big fan of the cosmos ecosystem, which is the coin is called atom, but their reward coin is called osmosis. There are some coins where you can yield farm, which is a whole nother complex thing. So Adam is one of them, or the cosmos ecosystem. Ethereum is a good bet for future stuff. But 80% should be bitcoin that you sit on in a wallet you control. All right, that's the deal. Okay. Because I was kind of worried about bitcoin, because I said, okay, well, it's already really high. It's not. Is there a possibility of it going higher still? Let me tell you. You want to know why? Why? Okay, so the bitcoin software, which is all it is, it's open source software. It's not controlled by Satoshi Nakamoto. It's not controlled by a company. The bitcoin foundation doesn't control it. It's controlled by the people. It's the most egalitarian thing. It's the miners, the node operators, and it's the consumers who control bitcoin. So in the software, every four years, something amazing happens. Let me paint a picture this way. Who decides to raise interest rates in the US? I don't know. I'm in Canada. It's politicians. Okay, politicians. I have 1 minute left. Okay. It's the government, basically. When do they do this? When do they do this raising and lowering of interest rates and inflation and all this stuff? Whenever the hell they want. Anytime? Anytime. Do we know when it's going to be? Sometimes, but not really. Bitcoin has stability, which no one says. In that every four years, the number of bitcoin that the miners can discover gets cut in half. That happens this April, the amount of bitcoin available. You convince me the new bitcoin coming. Out gets cut in half, as it has for every four years since its inception. That cannot be changed. That's going to cause scarcity, which is why things become more valuable. Well, that is awesome. And can I get my friend to call you? Because I think that this would be so good to have him to call you directly, because I'm not sure that I could re explain all of this, but definitely have him listen to the show. Yeah, we're live. Yeah, just go back to the recording. Of course. Call him. He's going to be the featured expert of the week next week. Bye. So usually you can extend a call, but she's $55, so we're not extending it. We're calling. Wait a minute. Doesn't she pay you that much? We gave her the advice. We called her and gave her the advice, but typically because this isn't a. Call in show, so if we wanted to make it a call in show, you would add to be an expert. We called her through the all platform. Yeah. All these experts are live. And the way it works is when you're an expert, see how I'm not live. I'll go to my profile, see how I'm under podcasting right here. I'm not live, right. No, you can't call me. I'm $99.10 minutes, and then all I'm doing is hitting this timer button and saying, you can call me for the next 4 hours and I could price myself any way I want. So now I'm $99 and someone could click my profile for a ten minute call. We're selling blocks of time. Ten minutes. And then once you're on the call, you could extend it. So how cool is this? We're going to pick one more. Okay, $2. So give me a topic. Give me room to grow here. I'm going to let you pick all these people in here. So like a nonprofit, expert entertainment, obviously, I could click in event planning. She's awesome. Event planning. She gave me some great tips. Happiness especially. She is like, you're in a bad mood, you speak to her. She'll brighten your day. Haven't spoken to him. He's new on the platform, so you. Can see the stars. Like nine calls, 50 calls. He's brand new advertising. He's in the music business. Yeah, I actually talked to him yesterday. He's going to help me. Colleen awesome. She runs a really cool podcast I was on this week, so that's pretty cool. I bet you'd have. I have a friend who, he does specifically crypto based taxes. He does my taxes. He works for me full time. He might want to do a side hustle where he can do this sort of thing while he's doing something else. Walking the dog. Yeah, well, that's the beauty of it. I'm in the car all the time. I'm driving all over the place, music gigs, blah, blah, blah. And rather than just listening to music. After a while, you kind of are just like, okay, I need a little more stimulation. Steely Daniel. And goes so far, rather than going to a three hour networking event and paying money and being like, wow, I spent all this time networking, and no connections come out of it. So many times you go to those events and you get people's cards and you ever follow up them, and here it's like, I can search exactly what I'm looking for. I don't have to. Bullshit. I don't have to be stuck in a boring conversation with someone I don't want to listen to. It's ten minutes, so if they're not helpful, then you can be like, okay, bye. Is it actually limited to ten minutes? You can add time, so if you like the conversation. So it's controlled on both parties. So the person that is the expert taking the call, if they have another meeting, they could reject it and really control their boundaries. Okay. And it's two w's, two L's. If they just search on YouTube for that. If my friends want to go, oh. Yeah, we're in the App Store and. Google Play store, but they can watch on YouTube right now. Yes. Yeah, we're out. We're live on Instagram. We're live on my LinkedIn account, Jason R. Hill, and then on Facebook as well. Well, so the point is, I've got many crypto friends, and there's probably not that many bitcoin people on there, so I bet you a lot of them will be jumping on board here with this opportunity. Absolutely. Tell them about it. Yeah. Then you can start getting, like, super specific. Like. No, I'm just talking about Ethereum. No, I'm just talking about Cosmos. No, I'm just going to specialize in degeneracy. We call it Degenes. What about Rachel or Michelle? You said she's good event planning. No, the other one I was interested in to see. Oh, poker. I wouldn't mind talking to a poker expert. I don't think the other guy actually wasn't a poker. He's just by a table. He created this golf game on a table. I'm the poker player. I know, right? So in college, it was during the Chris moneymaker boom, when everyone started playing at a little table like this for$5. And then I got really good. I started playing online back in the net teller days, and I couldn't believe that money was coming out of ATM when I was in school making a few thousand dollars. Nice. And then after college, I got entry into a World Series poker event. After winning like$100, I turned into $5,000 seat. Nice. Threw me out to Tahoe. They called it the fearsome four. I was one of four people that got flown out. I got all this gear, and then right after that, if you remember, three months later, there was the crash. Right? All the companies moved out of the publicly traded party. Poker, politicians. Yeah, the Patriot act. So I have over$10,000 glued into the website that I was in. And then eventually it freed up to bow dog and some other. That's when poker stars. Poker stars and full tilt got really popular because all the other companies that were probably trade had to get the hell out of here. They could not do it any longer. And then it got a lot tighter online, if you remember. So I would play, and then that's when I went into the financial service industry in 2007. So I had to slow down, right? I had to take my career a lot more serious, and I did it always on the side. I would go down Atlantic City, good old Burgata, play a lot of poker. And I still to this day, down in Coconut Creek, I ended up cashing in fourth place around 83,000. My first big event I played. You're in Florida? In Florida, I ended up cashing in $83,000, which then parlayed it to buying this office, actually. So it's kind of like one ripple impact led to the next thing. Okay, you are not invited to my private poker game. There was only 1100 people. Right? It's only 1100 people to get down. It's really hard to get down to the final table. Any big poker. But I play locally now. I play cooking a creek, like two five. I go play anything crazy. I go one two down at. What does that mean? Hard rock. You could buy in usually from $100 to $300 and the blind$2. But he has a cash game. There's a lot of cash games. People buy homes. I do not have a cash game. We use poker chip go. Symbolize their tokens. Right, tokens. How often do you play? Once a month about. And we've done it on my boat, actually. So I guess I do have a good question for you, because a lot of people will see you as like, okay, he was jumping into bitcoin early, and a lot of times people, then it's a lottery curse, right? All of a sudden, you do the wrong things with your money and you don't work, and then you have less passion. If you're not working, you're not going to meet people like us in this office on a daily basis, and sometimes it goes south because you don't have to work another day in your life. Right. You could owe the money and somebody are safe and just take interest off of these accounts. Right. So tell us how you don't be in that zone of the curse of the lottery. I'm just going to hookers and blow. You're in Miami. How do you stay ground? Yes. That's where we're going with this. How do you stay? Well, you never stop being interested in changing the world. And that's, like I said, you don't. I think it depends on the personality. Yeah. I mean, being philosophically motivated, you look at the world and go, this should not be this way. How can we replace that crappy system that suppresses and oppresses people? Hey, I think crypto and bitcoin could help this out. And that's my legacy, will be replacing inefficient systems government with fair, understandable, set in stone computer smart contracts, perhaps, that help people with carrots and sticks, not just like carrots. So that's why I started a family office, really. And to help people probably understand now. So you stole time management. You still want to impact this world? Because a lot of times people say, if I ever win the lottery, I'm done quitting my job. And you said earlier, like, no, I didn't really want to quit my job. I love my job. I did have passion projects. You want to have impact, which is absolutely awesome. And you see a lot of entrepreneurs with that mindset. A lot of people go over to me and say, jason, when owl blows up, what are you going to do? Are you going to sell it? And I'm like, no, I want to run it. I love this. I love talking to our 50 plus brand ambassadors. I love waking up every day and getting in my car and chatting with someone on owl. Going home, a 30 minutes commute, I chat with someone on owl. I come in his office with Danielle, Stephanie on our team, and we have a fun time. If I just had all the money in the world and then sat at home, that would be boring, right? So I just look like there's more to this world than just money, right? And I think a lot of people learn that once they receive it. And then all of a sudden goes back to, you see so many people saying the same thing. It's just about human interaction. That's what Al is able to continue, human interaction. Twenty four seven. And we hope to make impact in this world, because when you look at the next generation, they're not using the phone to call people, right? And they text everyone. They're on social media and it's very fake, of course, we know. And lots of times you just want to chat with someone and get the realness out of conversations. You got dog trainers on there? Oh, yeah. You're the second person today that asked us that. We have this in the. We're going to go to the chat form real quick because someone just brought that up earlier today. Alisa, we were on a zoom with her earlier and she was like, I just got this new dog and I don't know what to do. I'm a really good dog trainer. Look at right here, my many skills. I'm looking to connect with someone about animal welfare. Can't make this. I found a puppy and I don't want it to go into a shelter. But I need help. So look, I clicked Dylan and then there he is. He's $21 for ten minutes. You could request him to go live. He's taken 34 calls and everyone's had a positive experience. It's right there. Wow. Yeah. That's amazing. That's really cool. Guy is a genius. It says wow. Love it. Okay. Like dog tricks. Dog tricks, yes. Okay, I think it's time for the bet. Oh, yeah. What? She's been waiting all. I didn't tell you about the bet. We don't tell everyone everything about something. Surprises. All right. We're going to make it in bitcoin, though. Okay. Well, basically you have to think of a bet. I'm tired, it's a long. So it's going to be about owl, right. Every week we come up with a. Bet for our something around owl. So what we're going to say is that we're going to make it based on the amount of time you make yourself available. You're a very busy guy. I'm assuming you're involved. Are open, though? Mornings are open. We're on the east coast here. Okay. So from today to next Wednesday, you have to make yourself available to take calls. Should we say a minimum of 30 minutes per day for seven days straight? So it builds a habit to take calls on owl. Right. So very simple, you make yourself available. Obviously you have to take the calls. You can't just go available. And there's evidence of this. Yeah. That way I can cheat. Yeah, of course. So next seven days for 30 minutes a day, you create this habit where you go live for a minimum of 30 minutes. You go live as much as you want. But you put into your 30 minutes. And pretty much at the end, if you win, we have to provide you something. You tell us what you want. Meaning if I agree to do the 30 minutes per day. Yes, there's the evidence. Yeah. The bigger, the bigger calls. But you will get calls. You will get calls because we promote you. And anyone who's new goes under this category, new. And the way it works is it's not by random. Um, we have people follow you and then they get a notification when you make yourself available. So what happens is these notifications come in when you're available, but because we're promoting you, they're going to follow. They're going to be up there. They're going to be up there. So we know that anyone in your shoes is going to instantly get phone calls, especially when you're new. Usually most people get a call within three minutes when they're new. And you get up to like ten calls because we have power users on this app. Look, 1.4 thousand calls. 624 240. Wow. They're going to get calls. Wow. This is a new topic that isn't really that much on your platform. Yeah. No. Okay, so now we need the bet. Are you willing to do that? And then you're able to wager the bet on. Check my schedule. Hold on just a second. Yeah. We busy entrepreneurs changing the world and everything. We got to make sure we. 30 minutes. Any time in the day. You could do this while you're driving? While I'm selling the boat, for example. Today you could get in your car, you're going to be an hour away from home in Miami. So you could take calls in 30 minutes. Uber. I'm not sure if you drove or you ubered here. I drove here. Drove. But Miami traffic, you could do it while driving home. I do it all the time. Remember I said earlier I do it while commuting. Yeah. Right. It's a good place to do it. Or we could even say, I commit. He's committing. Okay. 30 minutes every day starts tomorrow because today you're on the show. All right, good. Tomorrow is a busy day. Or we could just say, like, he has to go live in the next week for three and a half hours. I disagree. I'll explain why. Because people who don't form habits consistent. It's no different than the gym. If you don't go every day, you're going to have excuses. But if you do this every day for seven days, it's also going to create an amazing story. I think what's going to happen out of this is you're going to like, oh, my God, look at the lives I've impacted over the seven days. And I think it's going to turn into something that you did not see coming. No different than when people start eating healthy for seven days. Right. And all of a sudden they see. The benefits when we did the 75. Hard or drink an extra gallon of water a day. Yeah. Okay. I can do that. Two in the morning. It's a platform. You just have to go live. No one calls you. They don't call you. You have international callers, too, I suppose. In app, it's only us and Canada today. Okay. Money. Regulations. Passing money. That's good. Different conversation one day. Bitcoin. When are we going to add bitcoin to the app? You might give us some knowledge on that subject after your seven days. Knowledge bombs. Yeah, exactly. Okay. So now that we agree that you're going to do it, what do you want? If you win? What are you wagering? So you win. You want something from us. Some people have asked for this studio. That would be an item. Some people ask for Celsius gear because they love the Celsius brand. Some people have asked for a free ticket to Podfest, which we have very big, like the biggest podcasting festival. And there's going to be a lot of influencers from people there happening Orlando next weekend. So tickets. Everyone tells me to start a podcast. So this. So, well, the thing about Podfest, I'll. Have to think about studio. Yeah, we could let you use the studio. Yeah, there's a podfest. If you get a ticket, there's a know, it's like an educational. You came up for the day. Danielle will be there. And we have four big influencers on stage. And then they're running an interactive podcast booth with us. And there are different classes on how to run a successful. So you have to see a visual. So what happens is when we do the podcast booth, it's like this. Think of this, where this is where I. So that's at an event, but where there's going to be 1500 attendees, there's podfest expo there, and there's the announcement. That's what our booth looks like. Big news to start out 2020 anyway. What you'd want from us. Yeah, I had to think about that. Or the studio. Keep it simple. You have to take our studio over and bring a guest in, and it's. Yours for 2 hours. Yeah, because people say you should start a podcast, Doug. You've got all this knowledge and all this kind of stuff. But there's so many bitcoin podcasts already, so many news. And as a video guy, I like post production, editing. I like titles. I like, like, now we're going to Ellie in the street. Or maybe we give you x amount of money to spend in the owl app and you can call all the video people and pitch your rom.com. Who knows? I don't know. There are options. Think about it. Maybe a case of Celsius. Yeah, that, too. We will have plenty of that. So that will be easy as of next week. When you think about it, though, it's a good challenge. It's a good bet. But here's the thing. If I successfully meet the challenge, and let's say I only do five days, and all of a sudden I've got money on the side, then I can tell my friends who are maybe broke or need more money and they need side gigs. So, in a way, just being part of it, you've helped me already, so I don't need anything from you. Okay, but you want to make it? I want to light on my yacht. Yeah. Okay, now we're talking. Sure. Yeah. I need her to come sing on my yacht during. You can play. Yeah, let's do it. Okay. That's probably got this for free. You get her for free on. You have to sing on his yacht. She charges a lot for those singing. I actually do, yeah. All right. Maybe we'll do it at one of the poker parties or something. Yeah, I'll be, like, done. I'm betting myself. No, you charge a lot for that? No, I do private events, like upwards of 500. I got it. I want voice lessons. Oh, yeah, totally. Voice lessons. Wow. How about you get two voice lessons, 1 hour each? Okay. I charge 100 an hour. This is Ali. Sandra. Yeah. I've been singing for over 20 years. I had a scholarship for singing to my. No bullshit, here. Yeah. So I know my shit. And you're going to make money when people call you. Think about it from that side. And really having Elfie Santa as Carol's really what I'm looking for. Okay, so that's the bet. You guys got a shit? Wait, not yet, not yet. What do we get if he loses? Oh, yeah, we forgot about that. Oh, jeez. What do we want? Okay, I have a 28 floor condo. You can do it off of there in front of my bitcoin gong. You can do the show there. Or the boat is the best. If I still have the boat, you can use that. Should we just say boat and then if you don't have it, we'll figure something out. We'll do that. Figure it out later. Okay. You have a mobile studio. Yes? Yeah, we do. That one in the photo? Yeah. Okay. There it is. The deal. Everyone witnessed the know get on the app now and give them a ring. Before we end the show, I did skip one subject that, of course, touches my heart, and Danielle, of course, mentioned it to me. I had testicular cancer. I'm very open about know. I publicly posted about, obviously, I had cancer, and that impacted my life, which is why I want to end the show with this know, because it changed my life. The way I view money, right. When I look at money, I did very well in financial service sector in New York City. I moved down to Florida with my family. And of course, when you get a knock on the door, when you least expect it, and they say the words, you have cancer, you're like, wow. Everything flashes in front of your eyes. It doesn't matter how many zeros are at the end of your bank account. You can't just blast money and get cancer to go away. Right. It doesn't work. Like, that happened to Steve Jobs as well, and he had some famous quotes. So tell us. And she did not share with me the type of cancer, but just tell us how that did make an impact and or impact how you want to change your life to be better. Yeah, it's funny. So I didn't have feochromocytoma. I was misdiagnosed with a 100% fatal cancer. Wow. Chromosytoma misdiagnosed. That's right. So how to change my life? It's a good question because I wasn't money motivated to begin with. Maybe subconsciously. I've just strived a little more since those times. What year was this? This was 2017. 2018. Recent, yeah. There's even a funny crypto story behind it. Back in those days, it was like, okay, the altcoins were new litecoin. All these other coins were there, and I wanted to. So I put a bunch of money into these little altcoins, and actually, not a little bit, but a good chunk. I was switching bitcoin to these other currencies and went through my three months of cancer therapy, and then that was called altcoin summer, and altcoin skyrocketed in price, and I forgot that I had done this. And then I go back and look. Like, oh, I guess I'm rich again. I don't want people to think crypto is about being rich. It's not. It is a happy accident for me in all ways, which is why I sometimes talk about this and people think I'm bragging, and I'm not. Yeah, you're just, like, passionate. I'm just amazed. I used to live in Minnesota. I was pulling cables. Now I got a four bedroom yacht. Yeah. And I don't even like the damn know. It's like, oh, man, you're just a rich son of a. And I want to help you get rich. Yeah, I want to help you get rich. I want to help everyone get rich. And you can do it with bitcoin, crypto. There's ways. And it's not too late, everybody. It's early. Yeah, because that's what I keep hearing, is, it's too late. That ship has sailed early. It's early. Number one, because of the technological programming of bitcoin, the having alone ensures that it gets the amount of bitcoin produced by the miners cut in half every four years. This is April. It's going to happen my birthday month. And if you look at the chart of every four years, it does this, and then it drops 80% and people go, oh, you see, it's a scam. Just hold it. If your property values dropped on your house, you're not going to sell your house, right? Because it's useful. That's like the stock market goes up and down and up and down, and people still keep it in there. People don't realize that bitcoin isn't really a currency. And currency is of many descriptions. That's one of its uses. That's what we thought it was. Now it's a store of value. It's like gold. You put the gold bars under your mattress, something like that. So anyway, store of value. Later, it'll become a currency. Just like gold at first was just a store of value, and then they realized, oh, I can make coins out of it. Oh, and I can pass these around better than these giant rocks that I had to carry around before. But try scraping off a fraction of a penny of a gold coin. Bitcoin can do this because it's digital gold. That's kind of the concept here. Digital gold. When we're on that topic, blah, blah, blah. That's just like owl digital gold, because you get to get reviews, relationships, and plant a lot of seeds to tell people what you do, and then they come back full circle when they've spoken with you and then say, oh, I know a person that does this or that. My brain is spinning with all these people. I know who could? Early experts. Because you have to be open minded, right. So often people are closed minded and they don't try new technologies. Just like you said, it's actually really relatable to what we talk about with Owl is if you think of owl just for the money of, like, I want to make this side hustle, you might not be successful. But if you think of it as like, how many connections am I going to make that are going to lead me to the right person? Because we all know that a lot of business is we get the best connections through people we know and we get the best leads through that. So if you think of it as like, okay, if you go into it having a lower price, right, you're going to get more calls and you're going to connect with more people. Have you guys ever thought about, or have you gone to older people, old folks homes who are professionals and retired and bored off their asses? And a dollar per ten minutes is a lot of money to them. Like, my mom is a retired speech pathologist, and she can impart so much wisdom to other speech pathologists because the technology and the teaching methods have changed. Yeah. And they love the old school telephone calls, so they love it. We do cater to an older audience. The only thing is, with our app, just going to the App Store, hitting the download button, someone really needs to go in and teach them how to download. Because we've had, when we're larger, we agree it will work because we see that audience already in the app and they absolutely are blown away. Like, I'm missing this. I always wanted something. Everything's like Instagram and TikTok. I just want to speak to people. But if nothing else, they're lonely. Yeah, but if nothing else. Well, yeah, I guess you're right. They have to have the app and offer their services. They have to have some savviness there. So helping old people with apps is an expertise that you probably have on there somewhere. Yeah, my mom would use that. Yeah, she's 86. Wow. Get her on her, use other apps. Accidentally getting her to take a picture with her phone is like pulling teeth. She have bitcoin? She did for a while, and then she Doug buys bitcoin from me. I go, okay. Why? I just don't want it. Okay. Anyway, that's an investor mentality. Not the bitcoin thing. She had bitcoin on a paper wallet. Wow. Paper is another way you can store bitcoin. People don't realize these things. I didn't know. Well, anyway, you will learn a lot from this guy, Doug Scribner. You can call him probably in the next. Well, we won't make him. We'll do it today before I leave. Yeah, we're going to download it today so you'll be able to call him. Make sure you call him in the next seven days so he can win his bet, please. See, now I'm motivated. Now I'm motivated. Damn. You win. Help him win. Oh, by the way, let me motivate you even more. You will be the first person to win the bet if you complete this, because everyone goes on the show. They're like, oh, easy. I'm going to take those calls. Not one person, not one has started. It with like seven episodes ago. Okay. Voice lessons. Yeah, I'm really looking forward to that because you've heard me sing. Yeah. I have a decent enough voice that. You could just give you some tips, especially for your karaoke nights, which I've. Done now three times. Awesome. We're going to switch. I will be taking side profits for anyone interested out there. He will win or if he will lose. Right now, the money line is like. Plus you need, like, a whiteboard. Yes. It's not looking good if all seven have failed so far. Yeah. So we hope you're the one. But if you really want those voice lessons. Yeah. Do this. Okay. Well, thank you again for joining us here on the Owl podcast. Take care. Bye. Post production for the Owl podcast is. Done with Care by Brian at Ocean Tree Creative. OTC offers full service podcast post production. As well as social media, video production and coaching and mentoring on both areas. Reach out to Brian via the link in the show notes.