Sports & Suits

Bitcoin: The Future of Financial Freedom With Jesse Goldrich

Stephen Garcia & Sean Febre & Jesse Goldrich Season 1 Episode 5

What if everything you've been taught about money is designed to keep you dependent on a broken system? Jesse Goldrich pulls back the curtain on our financial reality with raw honesty and zero filter in this eye-opening conversation about wealth building in a rigged economy.

Growing up between the extreme wealth of New York City and the blue-collar mindset of small-town Connecticut gave Jesse a unique perspective on money. After watching traditional financial advice fail repeatedly, he discovered Bitcoin – what he calls "the only tool that benefits you, the user" in a world where institutions control nearly everything else.

Jesse doesn't hold back as he explains why keeping cash in a bank account is "literally worthless" while inflation silently erodes your purchasing power. He breaks down complex financial concepts into digestible insights, sharing his journey from real estate investor to Bitcoin maximalist, including painful lessons like losing a million dollars in the Celsius bankruptcy.

The heart of Jesse's message isn't about get-rich-quick schemes but rather understanding how our financial system actually operates. "If you have more time than money, Bitcoin is your answer," he explains, detailing why Bitcoin represents the future of savings technology with its mathematically guaranteed scarcity and appreciation potential against an ever-expanding fiat money supply.

Whether you're already crypto-curious or completely new to the concept, this conversation offers invaluable perspective on building generational wealth in an uncertain world. Jesse's passion is undeniable when he states, "If you're slightly disadvantaged financially, your only hope is Bitcoin" – a bold claim backed by compelling arguments about where our economic system is headed.

Ready to challenge everything you thought you knew about money? This episode might just change how you view your financial future. The question isn't whether you can afford to invest in Bitcoin – it's whether you can afford not to.

Speaker 1:

We are here with another episode of Sporting Suits. We got Jesse Goldrich here, we've had a lot of athletes on here, a lot of coaches, we've had some business owners and now we got this freaking wild man. I mean, holy shit, we go back. I mean as long as I've known Sean, so it's six, seven years, at least At least who's counting.

Speaker 2:

Yeah, I stopped counting once we passed 30, you know it's devastating at this point. No shit, every year is another fucking sad story.

Speaker 1:

But yeah, man, yeah, so you know kind of how we typically do. This is just kind of tell us, like your background, where you're from what you're, where you're at now and, yeah, just kind of shoot the shit, kind of from your childhood all the way until now, love it and shout out.

Speaker 3:

Our sponsors at Nectar yeah. And shout out our sponsors at Nectar, yeah. Big shout out to Nectar, nectar, shout out to Nectar, nectar absolutely.

Speaker 1:

I'm going to throw one in right now, as a matter of fact. Yeah, there you go.

Speaker 2:

The king of the zines.

Speaker 1:

They're nootropics, right, yeah, nootropics. Yeah, caffeine, you want one?

Speaker 2:

No, no, not right now I'm already jacked had shit to do today.

Speaker 2:

But no, yeah, I mean listen, if you guys want to go through my story. I mean I want to be very transparent about my, you know, financial ability. You know, definitely not the best you know school kid but figured out a cool little niche that we're going to dive into here today. But as a kid, you know, I grew up I was just telling the guys I grew up in a pretty unique situation where, you know, I grew up in New York City. Family owned a famous music store in Times Square, so grew up city boy running, running on the stock floor, you know, stocking the boxes, doing everything I can to, you know, bring value at a young age.

Speaker 2:

But one of the cool things about, you know, my setup is being a kid growing up in New York City. You know you see a lot. You see the hustle and bustle. You see you know the motivation and, just quite frankly, how many people have money over there. It's fucking wild, wild, yeah. So you know, long story short, you know parents end up moving out of New York City. We moved out to LA for a little bit. My dad had started up another shop out there, ended up not doing so well, Parents unfortunately got divorced. And then that's when my real story begins when we moved back to a little town in Connecticut called West Haven that's where you know Sean, who you know, so well, yeah, yale, yeah, old coach, at Yale, that's where we started playing some football.

Speaker 2:

You know me as less of a high level than him, but needless to say, you know that's where I got my strife, so to speak. But with West Haven, say you know that that's where I got my strife, so to speak. Um, but with west haven, you know one of the cool things and I was just telling the guys as a kid, when you get put in a blue collar environment, right, um, and I made that transition from you know the lifestyle of the rich and famous new york city vibe to all of a sudden very small, hard-working blue-collar town.

Speaker 2:

I noticed some changes, um, and one of the changes was that as you start to go down in meeting a medium of income in city, you get a lot more yap about money 100. That's how. That's how it works. And so as a kid I paid attention to that, you know, because I obviously I'm competitive, you know, wasn't able to compete at a sports level like you guys, but I was definitely financially competitive. So I would line it up against a lot of the adults in my network about how they talked about money and knew that I wanted to have money Right. And you know, unfortunately I had a little slight dilemma because school wasn't my thing and the old school mantra was if you want to make money, boy, outside of sports, you better figure the school thing out, absolutely.

Speaker 1:

Go to college? Yeah, had to.

Speaker 2:

I didn't believe it, though. I mean, I'm so stubborn and I'm so you know, my own worst enemy. Sometimes I was the kid in school Like I don't need this shit, don't bother me with it, it's a waste of time, it's an old school institution.

Speaker 3:

Absolutely.

Speaker 2:

In some way shape or form. I was actually kind of right.

Speaker 1:

I think you hit the nail on the head. I mean, why the fuck do I need to know the prerogative theorem? I can't even pronounce this shit Exactly.

Speaker 3:

I'm not going to be an engineer, no, I mean, sean may need to know that I went for engineering.

Speaker 1:

Yeah, but yeah that's something that you kind of need to know. I don't need to know what the hell the angles are.

Speaker 2:

Yeah.

Speaker 1:

But I'm telling you what I a lot of kids, a lot more kids like in the last two years that are being homeschooled smart I mean listen.

Speaker 2:

At the end of the day, I think you see, like the institutions that actually have a grip on things play to the kids strength, right yeah, it's like everybody's a different person, you know. I don't need to put you know letters in my numbers to you know. Be able to make it to the next level right, because I've done some pretty cool things financially to this day. I've still never seen an a or a b in any of my math and it makes me want to go backwards to all those dumb fucking teachers and be like you're wasting my goddamn time.

Speaker 3:

Yeah, um, but neither here nor you did go to college though, right I?

Speaker 2:

did go to college, you know I had what did you go to college for the international business, which had no place in going anywhere. International, because I speak one language, barely speak English. I was like, let me just figure out a way to get the fuck out of America for a little bit and I thought that was a cool little way to do. It Ended up not not being the end play. But I mean I had a lie, see, lie, steal and cheat my way into college because I had a straight D average in high school. I mean I was, you know, as rebellious as they come. You know I only went to school to show up to football practice.

Speaker 1:

You know what I'm saying?

Speaker 2:

Like that was my only job, only excitement throughout the day. So when I got to so when we got to, you know time to go to college I had to completely reverse engineer my life. You know, I actually came down here. I got kicked out of a lacrosse game for fighting in West Haven, connecticut, put three girls in my car, drove all the way down to Florida because I knew I was on the IR for a little bit and we ended up stopped at University of Tampa and partied for three days, which turned my entire life around.

Speaker 1:

That's kind of wild.

Speaker 2:

I called my dad. I got arrested twice in those two days. I called my dad. I got arrested twice in those two days. I called my dad and said Dad, there's no other school I want to go to than University of Tampa. So whatever we got to do, please help me figure out a way to go. And he actually was able to reverse, engineer a way to get me in the door by going to HCC Holy shit. So I did one semester at HCC, the Harvard of the South, the Harvard of the South, baby.

Speaker 3:

Hey, I would say HCC.

Speaker 1:

Yeah and no, and I actually. My dad went there too. He literally calls it the Harvard of the South.

Speaker 2:

Dude, I mean I started. I don't know if you guys know the little housing that was behind HCC the Hawks.

Speaker 3:

Landing.

Speaker 2:

I was actually one of the first tenants there, you know. Yeah, first time, and this isn't a community college. This is amazing. I love it. Everyone's at the pool. So I was like I could do this Long story short. I ended up getting through HGC pretty easily. That was one of the coolest schools I've ever been to. Teachers were definitely a lot of fun and easy to work with there. But it got me into University of Tampa and then that's kind of where the story begins From there. University of Tampa, you know, obviously I realized, coming from a blue collar town where everyone yaps about money, everyone thinks they're the big fish on the block. You know, every adult's like I got a hundred dollars in their account you know, and I'm like, as a kid watching these old guys.

Speaker 2:

I'm like dude, you drive a fucked up car, like you know again, cause I didn't know what money was. Now that I do know what money is, it's usually the guy with the fucked up car that has all the money, but not those guys I promise you that yeah um, so you know, I, I, I took a play.

Speaker 2:

You know, I learned a little bit from west haven. When I got to university of tampa, I saw that I was a small fish in a big pond, right. Um, and I wanted to compete at a high level financially. What year was this when you came down?

Speaker 1:

2010, and I mean, obviously you're in real estate as well. Yeah, we'll get into that, but what is the difference that you've seen from 2010? Tampa to fucking yeah?

Speaker 2:

2025. Well, the crazy thing is, you could have bought a house on davis island for skipping a bar tab you know like it was it was peak depression at that point.

Speaker 2:

I'm pretty sure that's right, yeah we were renting places on Davis Island for like $700 a month, split between like four guys, right. And now you guys know the real estate market in Davis Island. It's unbelievable. You can't buy a shack for less than a million bucks, yeah. So I mean, you know, and that all actually ties into what we're going to talk about today, because you know, I think you know I want to give you guys a really simple case study on why to buy bitcoin, as that being, you know, my biggest asset and money maker to this day. But I want to cover all the bases with you guys to know that I'm not just a one-trick pony. I mean, right, I have a pretty sick real estate portfolio, you know, um, and we could is it like multi-family units?

Speaker 2:

yeah, I got, I got. I got some multi-families against my better judgment. So I was actually, you know, started in multifamily in 2015. And then, obviously, you know, was able to acquire a couple pretty cool properties in great locations here in Tampa. Obviously, at that time I was kicking myself because I'm like fuck, I missed the boat. You know, like all these things are 10x what they used to be, Right, and then I felt stupid for buying.

Speaker 2:

But then here comes COVID, and then everything. Everything boomed Right. So once COVID happened, I had to pivot and figure out a way to acquire real estate Right Without without getting banged over the head at those COVID premiums.

Speaker 3:

So did you leverage your current properties? No?

Speaker 2:

So I smoked a joint and came up with a genius.

Speaker 1:

I came up with what I thought was those are always the best. Yeah, always the best.

Speaker 2:

Again, not a great critical thinker, sober. But give me a little spin here and I get a little crappy.

Speaker 3:

But so I came up with so yo, we got some weed gummies.

Speaker 2:

Oh no, please, I'll be on mute this whole time, but no. So I came up with what I thought was a genius plan on the way to utilize hard money lend on assets that I wanted to take back. So it was pretty much. I thought I was becoming a predatory lender.

Speaker 3:

So you were the hard money lender yeah.

Speaker 2:

I started lending out my cash.

Speaker 3:

What was the balloon?

Speaker 2:

Well, there's 12%.

Speaker 1:

Like six months, one year.

Speaker 2:

Yeah, one year, 12% period, right. Asset-based lending Any points Fund daily yeah, well, six points up front, it depends on which company you use.

Speaker 3:

Man. That's an expensive. That is predatory lending, isn't it?

Speaker 2:

Oh yeah, for sure, everyone else, I mean, listen, it's not, I don't want it Cause I'm going to get killed by my friends and partners that are big, big wigs in that space. It's not pretty. I mean they provide a great value, right. I mean they like a lot of these guys that can't get funding, all these people that think they want a million dollar house with dog shit credit and and and and pretty average income. They have a uh, you know, an uphill battle to come right, so hard. Money fills a lot of those gaps. It makes sense. For a lot of people there is no prepayment penalty. So if you are a mover and shaker, definitely a great tool in your Rolodex for buying real estate and acquiring. Because at that point, that point in my life, when I graduated college, right, I was a money guy. I wanted to be, you know, one of the richer kids in my network and I was playing the game to be able to do so Long short, which I'm sure the viewers would love, and I know my friends that are watching this are.

Speaker 3:

just please talk about how much more money your wife makes than you, because you know, everyone can't wait to hit me with that fucking baseball bro, he mentioned it like when, all fair, he just brought it up. I didn't even know this, brother, I don't lie at all.

Speaker 2:

I mean, that's the one thing about being 35 nowadays. I stopped lying years ago, so I mean, I'm not going to come off here as one of these scammer rich guys that you know has all the secrets and tools. I'm just going to give you guys what I got, how it's affected me and how it's helped me make a bunch of money. Because you know again, when I moved to university of tampa I, I had the opportunity I met my wife first semester, right, oh, we've been together 15 years and my wife is a gangster.

Speaker 2:

You know she's a. She's a um, I don't even know how to put what she I mean, she's a titan in her space. She literally runs the multi-level marketing space. She's the number one income earner in the biggest network marketing company. And I always tell all my friends who are like man, it's got to be super cool for you.

Speaker 2:

I'm like no, it kind of fucking sucked you know, because I was the kid that came from that West Haven mentality where I heard adults, you know you talk about money like they were gangsters 24 seven and it was kind of like you know, utilize, you know, hold money over your significant other's head, so I learned a little bit of that in college, when me and Jack would fight in college and I was doing the things I was doing financially.

Speaker 2:

it was like, darling, if you want to eat dinner this week, I would just be very quiet and let me do whatever the fuck I want to do. You know not, if she was here right now she'd be like oh yeah, motherfucker, now you now you fucking eat some pro.

Speaker 3:

But it's true, I mean, she dealt with it right. So now she's like let me give it back. Oh, let me give it back. Oh, let me give it back.

Speaker 2:

Brother. I mean, I don't know if you guys, I wish you could pop up a picture.

Speaker 3:

I can't. Four years ago, can I?

Speaker 2:

I was 250 pounds. I was about as depressed as it gets. You were a tank, yeah, and it was all because my wife started to make more money than me. Everyone at that point in my life was like what the fuck is thriving right now? I go, I live in a toxic household. Right now, my wife's letting me have it for everything I did to her throughout our college experience. Karma's a motherfucker and karma is a mother. And you know it was just dude, because I, I was tough. You know I, I don't have the best um, you know I, I had a lot of maturing to do. I think that's the way to put it. I saw adults that weren't maybe the best examples run, run the show for a long time that I just took little bits from everybody and pieced together my own story. Um, and maybe not, maybe wasn't the the best so-called supportive partner so when the tables turned and she started making my year in a month.

Speaker 2:

And I just want to be crystal clear, because when we talk about bitcoin, I know bitcoin is one of these subjects that everyone's dick gets off sometimes because it's at a hundred k and everyone's like oh you know, I'm not touching it at 100k, it's sitting going down. It ain't going down, but and I mean it may go down it's volatile, but again, it's money go up, technology and I'll explain to you guys the math behind that and how it will continue are there any letters in this math?

Speaker 2:

oh, no, no simple, direct understanding here, no parentheses, no algebra, just that, just that, just the money side baby.

Speaker 3:

I feel like you glossed over this part. You said you were hard money lending right out of ut, but how did you acquire the money in order to hard money lend?

Speaker 2:

well, yeah, so I I mean a little bit of hard money. Lending money definitely come from my wife, because it's not the point where she started to pick up. I mean, when you talk about having a girl jump from, you know she was doing three hundred thousand dollars a year at her software sales a job to doing three hundred thousand dollars a month at her network marketing job. We had some extra money right, um, and you know this is why you know so you can, I can you break me off a Miller to bring me off a Miller too.

Speaker 2:

It took me a while to, it took me a while to ask she, actually, she knows, I'm too prideful to ask you know, cause again I'm got my own demons, um, but she, she actually was the first one to offer like, hey, listen, like let's work together Cause we were pre-married. You know, we, uh, we'd been together nine years before we got engaged. You know, and she'll tell you to this day, obviously, I, I got engaged to her. The second she started making a lot of money because it started to make sense at that point, you know, like like before she just had a regular job.

Speaker 2:

You know the numbers weren't mathing, you know from a marriage, marriage contract standpoint, um, but then, once her numbers started to go mathing, you know, from a marriage contract standpoint. But then, once her numbers started to go up, I said, you know, maybe we give this marriage thing a try. Jesse, what's your last name? Goldridge?

Speaker 3:

Golddigger, yeah, golddigger.

Speaker 2:

No, and she'll tell you. We've been at a bunch of events where people are talking shit about what I got going on and she's like yeah he's one of the smartest gold diggers to ever exist and listen.

Speaker 3:

Own it, fuck it.

Speaker 2:

Who cares?

Speaker 3:

No, I mean, but that's what he said earlier, man, he doesn't give a fuck.

Speaker 1:

He doesn't give a fuck, and that's why I was like I got to get your brother on. Yeah, let's talk about ball, and I gotta get, I gotta get you on. I love it because he has absolutely no fucking filter and he's just he's, he's gonna say what he wants to say. If you don't like it, then get fucked. Yeah, I like that.

Speaker 2:

I like well, no, I mean, think about it like this, boys.

Speaker 3:

I mean, I was with her for nine years before you put in the time exactly, you know and again I, I just got my own demons here.

Speaker 2:

You know, like I'm a product of a divorced family. You know I, when I went down to college, you know when I was, you know, 19 years old, marriage and relationship was the last thing on my mind, you know, and I came down here like I'm never gonna put. You know, I didn't want kids at that time, Obviously, now I have kids and I realized how stupid I was, because it's one of the coolest things to ever do, but I just dug my feet in the ground like an idiot and was like we're hardheaded man.

Speaker 1:

Yeah, literally Like I was like I'll never have kids.

Speaker 2:

I'll never put that in a situation. I'm living for me and I'm going to live the coolest life you know, but then I you know, when you're not looking for it, sometimes life slaps you in the face.

Speaker 2:

They gave me an unbelievable girl who's super cool. She, you know, she obviously this all the time about bitcoin, bitcoin's on a need-to-know basis. My problem with bitcoin was I was first introduced to bitcoin in 2010. Please tell me you bought in 2000. No, no, well, I mean I bought. I never bought in holds, since I don't want to make that claim. Right, I bought because it was like it was the way you acquired greenery, you know, on silk roads, right? So if you were in the game you know hustling and bustling you would utilize bitcoin to acquire these dark web allegedly, allegedly, allegedly, I mean it's, there's documentaries on it all the time, exactly.

Speaker 2:

Well, russ, I just saw Rush speak at Bitcoin conference last weekend in Vegas and he came out. You know he just got released a little bit ago and now he's already got close to 300 Bitcoin in investing. I mean, that guy, it's unbelievable. He was in jail for 12 years, so he deserves it. Who's Russ? Russ? He, it's unbelievable. He was in jail for 12 years, so he deserves it. Who's Russ?

Speaker 1:

Russ, he's the guy that started Silk Road. Yeah, he's the guy that You've never seen American Greed.

Speaker 3:

I have seen American Greed.

Speaker 1:

American Greed. There's a whole freaking-. I love that show.

Speaker 3:

Yeah.

Speaker 1:

There's a whole episode about him, yeah.

Speaker 2:

Well, that kid's a gangster.

Speaker 3:

So, what you're saying were using Bitcoin instead of cash, correct, well, because there was a misinterpretation about Bitcoin.

Speaker 2:

They thought it was a private form of exchange, which it's not.

Speaker 3:

It's actually like it's a secure form of exchange, but it's the most trackable divisible asset out there, right?

Speaker 2:

So if it touches your wallet and you send it out 20 years later, I could go backtrack and see every transaction you made.

Speaker 3:

So let me ask you your question because, all fair, we were saying how Bitcoin, the quantity of Bitcoin, is actually going down because people are losing what you said their keys, right? Yeah, so it's not that trackable, is it?

Speaker 2:

Well, no, no, it is trackable. They could see where all these lost Bitcoin are in the wallets. They just can't access them. Really, yeah, because the passcode?

Speaker 1:

of the key, like what's the guy that lost his? He like threw his key away. His cold storage in the Eight, eight, eight.

Speaker 2:

I think it was like 8,000 Bitcoin or something.

Speaker 1:

Like is that some dump in $80 million? And he's, he's, he's trying to buy the dump. Trying to buy the dump and dig it out and dig it up, yeah, on a fricking zip line or a zip drive, yeah, His ex-girlfriend threw yeah, tough, tough, tough story he needed to throw that girlfriend out with.

Speaker 2:

I think she did get shit canned, which you know I'm sure regardless doesn't solve the problem that we're still broke it's like the guy at the papa john's pizza, yeah oh yeah the pizza. Yeah, pizza day. 10 000 bitcoin, 10 000 bitcoins and he bought two. Oh yeah that gave it away.

Speaker 3:

Yeah, they like interviewed him.

Speaker 1:

He's like yeah, I mean, that's just what bitcoin was worth back in the day. Yeah, they were like you have any regrets? He's like, yeah, sure, a little bit a little bit motherfucker.

Speaker 3:

What well you can't dwell on the past, man?

Speaker 2:

oh no, sure well no, but also I mean the point I was bringing home with that is, I was introduced to bitcoin back then and, because of the context it was introduced me on discredited as junk, you know, like not real, not asset Right, and it took me a lot of time to, you know, get over myself and realize holy shit, johnny, look at this fucking thing because it's running Right and obviously, if you track the price of Bitcoin, it's one of the most volatile assets out there. But the volatility is a blessing of the technology. It's number go up, technology meaning that, like it's a scarce, divisible asset, there will never be more right. And I don't want to jump too far ahead because I I know we're we're kind of popping all over the place here, but if you look at the big picture of what bitcoin is, it simply tracks with the global m2 money supply, which means that, as our government and I'm going to hit you guys with some facts on how this is a guaranteed set standard for how we have to move from a government standpoint, moving forward. But if we continue to print money, bitcoin tracks that m2 money supply almost to a t right. So when other countries china, russia, united states turn on their money printer.

Speaker 2:

Gold reacts within, I think, a couple weeks and then, following that, there's a three month lag behind gold, where Bitcoin then Rockets right. So, from an investment standpoint not being a school guy that can handle letters in his math I try to focus on the easy metrics that show me how to win this game right now. Just to backtrack a little bit, right, if we go to how I first found Bitcoin, I started investing in Bitcoin in 2017. Was my first real like okay, I now own a couple of Bitcoin. Right? One of my partners I can't say his name for privacy was actually mining Ethereum in his IT closet when we started a company called getoutofdebtcom and I would hear the ding go off at like every hour or so and I was like what the fuck are you doing in here, pal?

Speaker 1:

And he was like oh.

Speaker 2:

I'm mining Ethereum. It's pretty much going to be like um, it's a blockchain that eventually will be able to tokenize assets on, et cetera, et cetera. And I was like sounds fun, you know, let me play ball with you. And I had no idea, you know, you didn't know what you didn't know. I just knew this dude did something of value and it was making him money, so I wanted to partake, luckily, that transition of him mining Ethereum. He gave me the playbook on how to mine Ethereum. I tried it, unsuccessfully. It is complicated as fuck. I wouldn't even, you know, begin to. You know, try to explain how to do it because, you know, obviously it's just for smarter people other than me. But that's inevitably what led me to Bitcoin, because during his process of mining Ethereum, he, you know, had some conversation with me. He was like listen, man, the entire thing I'm doing is to be able to acquire Ethereum, to be able to sell, with the ability to acquire more Bitcoin. And then that's when the Bitcoin kind of door opened for me and I was like what's Bitcoin?

Speaker 1:

Yeah, and I was like this is 2017, 2017.

Speaker 2:

And so you know, he kind of explained to me all the perks about Bitcoin and what it really is. And for you guys, that you know and I don't know for the listeners on here, regardless of where you're at from a financial standpoint, the only time Bitcoin doesn't make sense in today's society is if you're a hundred million plus, if you've already figured out the game right and you're running the show and you have cashflow falling out of your ears, then Bitcoin really you know it's not in a need to know basis and how many people have 100 million?

Speaker 3:

You know, I don't Nine figures, man, that's a lot At the bar everyone seems to.

Speaker 2:

I go out there. I'm like man, I'm pretty broke in this group, but you know obviously people are bullshit.

Speaker 3:

You call yourself stupid over and over again. It kind of it's like yo, bro, you're not.

Speaker 2:

You're not. You're not, you're just being humilitous there?

Speaker 3:

yeah, for sure well, you know, is that a word? Yeah, yeah, humilitous. The ability to be humble, love it.

Speaker 2:

No, that's interesting so I mean just just to go to that. I mean, if, if you want to take a wild turn on that, um, you know, once I start slowly, after I started my bitcoin journey and my wife started to kick my ass financially and I was drinking you know a bottle of tequila before breakfast and partying my ass off to try to deal with my own demons, it eventually led me to, you know, ayahuasca, which you know kind of was the first thing that changed my whole life, my whole fundamental train of thought. That led me to be you know where I'm at now, changed my whole life, my whole fundamental train of thought. That led me to be where I'm at now, finally, in half decent shape. I consider myself a pretty savvy long-term investor, not a trader, right? Because all these traders that post their small wins on their Instagram aren't showing you the losses on the back end.

Speaker 2:

It's like scammers are us academy and they're selling you a course.

Speaker 1:

Exactly, it's a fucking disaster. Well, we're going to take a quick little break and then I want to go. We're going to dive more into the Bitcoin and you got your notes already primed up Fired up, let's go. So we're going to take a quick little break. Make sure you comment, like, subscribe, follow. Get your notification shit on, get on, follow Suits and Sports Follow.

Speaker 2:

Mr Goldrich.

Speaker 1:

Mr Goldrich.

Speaker 2:

Mr Goldrich, Gold like jewelry rich like money.

Speaker 1:

I love it. I love it. Don't forget, follow Nectar, n-e-c-t-r Nectar. They're nootropics. No nicotine, although I like nicotine, but yeah, these are really good. So, yeah, use Garcia5 as the code, get a nice little discount. We'll be right back and we're back. Folks, we are back.

Speaker 2:

We are back on Sports and.

Speaker 1:

Suits with Mr Jesse Goldrich and we're getting into what he's excited about.

Speaker 3:

Look at that, and we got to shout out Nectar again Come on.

Speaker 1:

Nah, man, nectar's got enough. Of course. Nectar, nectar, all day long, nectar, all day long. Nootropics get your brain right. Mix it with a little bourbon or tequila, feeling froggy, a little bit of casamigos, yeah, a little bit of this a little bit of that.

Speaker 2:

You know, who knows mother nature's mixer?

Speaker 1:

yeah, that's right but yeah, man, we want to get into this. You know we're going to dive right into it. We don't need to announce it. We've kind of touched on it every now and then, yeah, but let's go into it. Man, this is the Bitcoin guy. I mean, I text this guy nonstop about you know, hey, what do you think about XRP? What do you think about Bitcoin? He's like and I was telling Harold, you talk, and I'm like I don't know what the fuck language this is. Yeah, I really don't.

Speaker 3:

So you just got back from the casino and my Uber driver said yo, xrp is the next biggest thing that's going to pop off. Is that true?

Speaker 1:

Let me then I'm going to sell it. Then Really, yeah, I'm going to sell it. There's a famous quote. I forgot who said it.

Speaker 3:

When taxi drivers start talking.

Speaker 1:

No it was Kennedy. It was Kennedy back in the old. Wall Street 1960s Old Wall Street. No, like when Wall Street first started becoming like the financial institution of the world, he was getting his shoes shined and the shoe shiner guy goes yeah, what do you think about this stock? You know I'm getting involved in this stock and he goes when this guy starts talking about it, sell it.

Speaker 3:

Oh shit, I remember that, I remember that quote. It's kind of it's. It's a weird I mean so you're saying when the broke people start talking about it, that's when you got to get out of it. Well, here, I don't know.

Speaker 2:

Here's my thing, and obviously we're going to talk about bitcoin, because I, you know, bitcoin is its own thing, right, it's, I wouldn't, it's the apex cryptocurrency. That doesn't mean that a lot of these all coins like xrp that have real world utility aren't going to make it right, like there's going to be, 99% of these coins are going to go bye-bye and they're going to all go to zero. But some of these coins, like XRP, has been around the longest as the most corporate sponsors. It does provide, you know, some value in forms of real world utility as far as, like a backdrop for a payment system it's able to handle. You know, the amount of transactions that, like you know, a visa or master card could handle. So there's cool shit there, right, I don't want to naysay it, you know, but again, could it be replicated? Absolutely right, um, and that's the same thing why, you know, I have, you know, huge, massive positions in eat and solana. They're both the same thing, right, you know, I think. What about, like shibu?

Speaker 1:

I mean, listen, I, I have, I have these bots, you know, like these stupid little bots that, like you know, I think, what about, like shibu inu?

Speaker 2:

I mean, listen, I I have, I have these bots, you know, like these stupid little bots that, like you know, print money for me and I'll, I'll play with the shit coins, because it pretty much uses those asset types and converts them to btc for me, so it could like catch the small little moves in between, yeah, and pump out, you know, bitcoin, which is the only thing I want to save in, right, but I think, like to get the user across. I mean, the reason why I wanted to hop on here and talk to your guys is because I really want everybody to understand that Bitcoin is the future of savings technology. Right, it is your 10 year money savings account, right. If you know nothing else about Bitcoin and you're looking to save money for a rainy day, that's how you do it. What?

Speaker 1:

do you mean by that? And? And, well, that's, and that's what, harold, that's what we were talking about. Man, it's like I don't know the first thing about Bitcoin. I don't know how to use it, I don't know how to spend it, I don't know literally nothing about it. Yeah, but I said you a little extra jingle, I'm going to throw it in there and see what happens.

Speaker 2:

Smart. Well, let me tell you this If you have a short time horizon or a short timeline and you want to get rich quick off of Bitcoin, you're going to get smoked.

Speaker 1:

You're going to get fucked. You're going to get smoked.

Speaker 2:

So don't come into the arena today and in to see at least a two to three X, but neither here nor there like for you to be safe, but you're talking about 500.

Speaker 1:

X.

Speaker 2:

Oh well, listen, I'll get to that at the end of the day and I'm going to print out a simple mathematical equation. Again, no letters involved. That will make everybody watching this be like oh, I get it now, what's the estimated projection for 2030? Well, that's it. One million dollar bitcoin, at least period, point blank, and everybody and all my friends that are fucking watching this laughing their ass off going this fucking idiot.

Speaker 1:

Well, we'll see, that's five years, yeah, that's, oh, that's five years. It's not that far, no, no, and which is scary?

Speaker 2:

but again, when you know the way our system is structured and, like I said, I I had a problem. Right wife started making a fuck ton of money. I I had to all of a sudden become an investor, which you guys know.

Speaker 2:

My high school story, d student, big turnaround there, right, and to figure out how am I going to turn this money into more money without losing my wife's fortune? Right, and so I did what I was trained to do, as you know, a 35-year-old product of 2008. I diversified my dick off, right, I diversified my dick off, that's right. So I have, you know, and all my friend, the only people who I take credit to that shit on Bitcoin to me mostly just have superior fiat positions in me, right, because they've. You know, you're talking multi-generational, close to billion dollar families that they're not in a need to know basis of Bitcoin.

Speaker 2:

And you mentioned that on the previous. We just started touching, like we, you know, we just broke 20 million not too long ago, you know. So it's like we're not there yet, right, but we have an issue with the money that we have on what's the best. What's the best, you know, um vehicle to have that money grow. Right, and me, as you know, again not being the best math guy, really trusted, you know, a team of financial advisors that have managed my family's money in New York since 1900.

Speaker 3:

Right, and like literally 1900.

Speaker 2:

Well, you know. So I told you guys a little bit about Manny's. You know, Manny's was founded, I think, like 1909. You know they sold the building to Rockefeller in 2007. They sold the building to Rockefeller in 2007. So, yeah, I mean, you know my family between you know aunts, uncles, brothers, great aunts. You know they probably all touched 100 mil, but at the same point, so you have generational woes.

Speaker 3:

I love how he just says it's non-childhood, no, no no, no, no, no.

Speaker 2:

Not me I mean.

Speaker 1:

I say great aunts uncles.

Speaker 2:

You know my dad is the youngest. He was aunts uncles. You know my dad is the youngest of the. He was the last last of the generation. And the hardest working one, the one that tried to save the whole show, but he of course got, you know, the shit under the stick in the situation, because Didn't you mention a stepdad or some shit, Cause you mentioned rich dad, poor dad right. Oh yeah, Well, no. So when my parents got divorced, you know?

Speaker 2:

I had moved to West Haven, that town where it was, like you know, everybody's yapping about average median income and everyone's super loud about income and I started to go hmm, this is interesting, you know, because like as a kid that came from money, that saw how money really operated, it was like an aha moment. But I'm also competitive and I'm a shit talker. So I was like, fuck, these guys want to talk about money. I'm not going to make more money than you, pal, I'm gonna make more money than your dad and I would talk shit in the locker room, like like you're not ready for me but because I'm coming for it all.

Speaker 2:

I was an angry kid, you know, divorce household, you know it was not moved three times, you know had to change three high schools, two different middle schools, like at that point I was kind of fed up with the world, you know. I was like let's play ball, um, and I thought money was the key to do that. But it took a lot of trial and error to realize that the conventional financial system was working against me, meaning that I was saving in dollars. I mean, I showed up to University of Tampa 19 years old with a hundred grand a backpack, thinking I was the Don Juan, and then I Well you probably were back then no, not University of Tampa, I was no in 2010,.

Speaker 3:

Bro, yeah, well, it did not matter, it was still in the middle of the recession. No, all those kids.

Speaker 2:

No, all those kids from yeah, all those kids from Naples and and all these fancy little towns had what I had on their monthly spending limit you know, like on their parents' credit card. And then I realized I came from a town where I only try to get women by using money and then all of a sudden I realized I need to change the game here because all these, you know, I was like I'm gonna get really tough around here and just start whooping some ass.

Speaker 2:

Maybe the girls will like that. But it didn't matter, because my wife doesn't even like fighting and me and her fell in love anyway, and so it all ended up being for nothing. But that's just kind of how I approached it, cause you know that that that that's how I saw the game. But when we fast forward right and back to my girl making a ton of money, I was put in a position where I had to figure out the best use case for that money and how, how, how it could grow and you had your.

Speaker 1:

You had your financial advisor saying you got to diversify later state stock, literally yeah, and that's what led us into the, the real estate game.

Speaker 2:

Right, you know we. Did they ever say anything about bitcoin? No, still to this day, no, I. I called my lady three weeks ago and I was like, listen, I want to get in the msty, which is, you know, michael saylor's income based, uh, you know, um, derivative, uh product, and she's like I can't touch it and I'm like I'm so close to having you sell everything and give me my money back and just buy bitcoin yeah because you, you, you can't play ball, and that's just a sign that we're still in the first inning of bitcoin well, as you said it in the very beginning, it it's a very strategic move.

Speaker 1:

These, these people that are calling the shots, they know what the they're doing. Oh, 100 percent.

Speaker 2:

They saw jamie diamond, was it a year ago talking about uh bitcoin's rat poison?

Speaker 1:

and they'll never touch it. Never touch it. Now.

Speaker 2:

He's got more than everyone and it's like you, mother fucker, of course you know, like, don't let me get in an elevator with that guy because if he didn't say that, I probably would have been buying more. But I'm one of these kids, that's. You know. I'm damaged from the old system, so I take a lot of the news as bible and make decisions based off of that information, and it's significantly hindered where I'm at today, right? So you know that that was a big aha moment. Oh my God, all the big boys are in on it and they're trying to not let you know. They're in on it.

Speaker 2:

And that's when I started to do a little bit of research, right? So if you go backwards, you realize that you know 19,. I think it was 1970, something. We moved off of the gold standard. If you look at how our economy grew before we moved off of the gold standard, the economy was flourishing, right. Everybody was kicking ass, right. Everybody was happy because you were actually. Your money was going further, right? Could you imagine saving money in a bank account and 10 years time from now, that money is able to buy you more than it is today?

Speaker 3:

That's not the case now. What a luxury. That's not the case now. No, it's the opposite.

Speaker 1:

Hold on. Here's the thing.

Speaker 2:

We just lost 8% on our money from the beginning of the year this is three months since. January and we got and listen.

Speaker 3:

I don't care where you're at Keeping money in the bank account is literally worthless.

Speaker 2:

The dumbest thing you could do, right? So what about?

Speaker 1:

keeping it in a safer in your under your mattress. It's losing its value, yeah.

Speaker 2:

It might as well just roll joints with it. I mean, it's like at that same point it really is trash. Cash is trash. How do I? I feel like you've done that before.

Speaker 1:

Oh, no, no, not that $100 bill.

Speaker 2:

I feel like Jewish pal, you know maybe somebody else is 100, but not mine, but not mine Um no, but listen, you know, if I could, for everybody listening to this, like, listen, I don't want to hear about Bitcoin. You know, I think I missed the boat, you didn't. What most people don't understand about Bitcoin is that one Bitcoin is a hundred million Satoshis, right? So if you were to think about in the terms of money, right? Bitcoin's market cap is, I think, $1.6, $1.7 trillion today. The total global market cap of all assets is 900 trillion right Now. I don't know. As a real estate guy, I have a sick portfolio and I love going to war with my real estate guys because most of the time I'm talking to real estate guy, I got more real estate than that real estate guy and he's telling me you're a fucking idiot, don't buy Bitcoin. I'm like buddy. Are you looking at the numbers of your own real estate? I mean, since COVID, my interest is tripled right. Water bills, all the things I cover for the tenants have close to doubled right.

Speaker 2:

The average income has literally barely trickled up barely trickled up and that's if you got one of the people on the barely scale and that's been like that for decades, now for decades forever, forever. So it really does make no fundamental sense to continue to buy real estate at this point, because I've had the luxury of being able to see how some of the sharpest money managers in wall street manage my funds. They perform 13 14 on average and it's cool. What if you buy cash? What real estate.

Speaker 3:

What if you buy cash?

Speaker 2:

I do. That's all I've ever done.

Speaker 3:

So then why? Why doesn't it make sense? Cause, historically, real estate appreciates.

Speaker 2:

Well, again real. What you don't understand about real estate is real estate only appreciates because the supply of cash is appreciating. It's the same thing as Bitcoin, right? Except Bitcoin appreciates at a faster rate. So you got to think about it like this Now let me ask you a question.

Speaker 3:

Real estate you can rent out those units and you can make money on the property, which is passive income, even though you have to pay property taxes.

Speaker 1:

and maybe whether you purchase HOAs In case you didn't know, they're in real estate.

Speaker 2:

Yeah, great Love it.

Speaker 3:

Not talk, shit I'm into, I'm just wondering what kind of passive income are you receiving from crypto, when the only way you can realize your gains is when you sell that asset?

Speaker 2:

True? No, that's a great point. So, from the beginning of time, every asset the only way it becomes, you know an income is is from selling. What what happens is is when wall street gets involved. They create credit markets around every single asset from the beginning of time, which is why real estate has blown up for our parents, right? Because then they develop these credit products that allows you to borrow against the real estate Credit swaps. Use that money to obviously do personal things, buy more real estate. It becomes a never-ending credit cycle right.

Speaker 2:

And that's how the supply of money is never not expanding, which, again, most people always hit me with that Well, you're never able to generate a yield. You will be Right and that was one of the biggest takeaways I took from Bitcoin conference last weekend in Las Vegas is, as it becomes more institutionally adopted, which you're seeing, you know, companies piled in by the thousands Daily.

Speaker 3:

Daily Right and also you know, the?

Speaker 2:

U us government is doing it all trusted we're gonna get into that we're talking about that one for sure. But when we, when you look at the big picture, it's I mean, they're gonna come out with credit markets built around bitcoin. You already see coinbase just dropped in eight percent, right, so you can now generate eight percent yield off your bitcoin. There's about 50 other companies in the marketplace that are now devising ways to generate yield off of Bitcoin. The problem is, I'm such a Bitcoin maxi. One of my biggest fuck ups and I'm sure this will be a great clip for your guys' podcast is the day I lost a million dollars in Celsius, right.

Speaker 3:

Oh, that's right, Like Celsius, the energy drink. No, no, no, no, no Crypto holder yeah.

Speaker 2:

The crypto wild. It was the first crypto bank and they offered a free lunch right 10%.

Speaker 2:

So many people got smoked. I mean, listen, I wanted 10%. You know, at that age again I'm competing with my wife here. You know I'm trying to do everything I can to bring dollars in. I have this sick asset that I was appreciating at such a rapid rate. So I say, let me take a couple over here, put it in this wallet, generate 10% passive income and then play ball. So at the time there was, you know, there was a time where I was making, you know, a hundred thousand bucks a month in income and I'm over here thinking I'm the coolest thing since sliced bread, all to have it rug pulled Right.

Speaker 1:

So all the unison right there, oh yeah.

Speaker 2:

Oh yeah, oh, yeah. So you know. And then again, it was a real painful pill to swallow, because not only did I, you know, lose a bunch of money, but I had to tell my wife that I lost a bunch of money and that I don't know if we're going to get it back. To make matters worse, my inexperience of investing right, I decided to sit back and watch how the bankruptcy played out, which was my biggest mistake to this debt Cause. This was 2022 when the market crashed down.

Speaker 2:

Bitcoin dropped from, I think, $69,000 all the way to like 15, yeah, 13 or 15. Yeah, so it was something around those lines. And at that point, when Celsius had filed bankruptcy, they had bookmarked the price of Bitcoin to be $25,000. So I was only getting a true value of $25,000 per Bitcoin, and I believe I had close to 50 Ethereum in there as well. So in hindsight, in hindsight, if I wasn't retarded, I would have just taken the cash that I lost, re-bought back in, watched how the bankruptcy played out and then taken my you know, 30% haircut at those values. I didn't do that right, so it ended up being close to, you know, growing today a million plus loss.

Speaker 3:

So was Celsius holding your Bitcoin.

Speaker 2:

Yeah.

Speaker 1:

It was a holding, I guess, company, so as.

Speaker 3:

I call it like Coinbase. Yeah, that was a holding. So so as I call it like coinbase, yeah, so when it was a wallet, exactly, it was an exchange. Yeah, it's an exchange anytime you give up it.

Speaker 2:

Not your keys, not your crypto. It's a very simple thing to understand if you don't own the keys to your own and and it's like us guys that, like you know, we're we're all pioneers. One of the coolest things about bitcoin is the first time you ever own your own wealth. Who doesn't want to own your own wealth? I don't give a shit who you are. You could have a million dollars in chase bank. You go punch someone in the face today and he's a judge's son, your account's frozen.

Speaker 2:

It's done you know, but your judge's son had a fucking fat mouth on him and I want to beat his ass again unless you got a trust.

Speaker 3:

Yeah, well, again, because you could put all your assets in the trust and just be a beneficiary.

Speaker 2:

Nobody's doing that. That Nobody's doing that shit.

Speaker 3:

I mean, look at they can't sue you, bro, the corporate veil I know, but look at all they can try to sue you.

Speaker 1:

There's always ways. Yeah, there's they can try to sue you.

Speaker 2:

Look at Diddy. I mean look at all these guys. I mean all these guys that my bank is gone, all my Bitcoin they can't touch, they could kill me, but then the keys dies with me, unless it was in Celsius. Yeah, of course. No, I'm sure Celsius is fucking jerking off to that one. I told my wife the guy's going to jail for 12 years.

Speaker 1:

I said darling if I get in a bar fight.

Speaker 2:

I'm swinging hard enough to go to jail too, and I'm making sure I go into that guy's cell.

Speaker 3:

Was this Sam Freeman? Was this Sam Freeman? No, no, no, no, he's he no. So this was a different one.

Speaker 2:

Yeah, this is uh yeah, savinsky or something, some, some stupid Ukrainian.

Speaker 3:

So it kind of sounds. It kind of sounds like Bitcoin could be stolen.

Speaker 1:

Yeah, glad you brought that up. You see what they're doing now. They're kidnapping people that, yeah, new york, yeah, wait what? Oh, they're kidnapping people and holding them ransom, like people that are getting on their social media like, yeah, you know, I got this amount of bitcoin or whatever. They will fucking come in for real.

Speaker 2:

Well, it's funny. That's why I'm afraid of these fucking podcasts, because I just did one with a lawyer. You know a couple weeks.

Speaker 3:

Well, right now we're recording in denver colorado okay, awesome.

Speaker 2:

Yeah, I mean, listen, it doesn't matter. I, you know, I have enough of a social media presence now that it's very easy to find me. So it does scare me a little bit, because when I did that last podcast, all of a sudden I got thousands of fishing, you know are you a 2a guy?

Speaker 3:

what are you a 2a guy?

Speaker 2:

what's 2a, second amendment? Oh yeah, hell yeah, are you kidding me? Oh yeah, just making sure?

Speaker 3:

yeah, absolutely no, of course I mean.

Speaker 2:

But I'm not. My wife says I grew up in the middle of evil times like I'd prefer to fight, overshoot, you know, like at the end of the day if I get challenged about doing podcasts and people like approaching you. I mean literally, but true, but true, and that's a great point, but when you understand that's what they call the equalizer.

Speaker 2:

It is, it is. But I think what you really need to understand about bitcoin is when you own your keys and you memorize your keys, it nulls all threats of violence. Right, because they could come and shoot me, fine, shoot me, but we're both out. But you know, it's like, at the end of the day, like they, you know they could try to torture him out of you, I guess like, but we got kids yeah, then that changes the whole show.

Speaker 2:

It does it does, does actually I didn't really think about the whole kid kidnapping aspect, oh fuck that's where you were going, yeah, yeah, yeah oh, where were you going?

Speaker 3:

dark side, yeah yeah, I thought you meant like, oh, we got kids, so we gotta worry talking to rush our jackie chan situation.

Speaker 2:

I got chris tucker in the phone. It's like I take a million and tens.

Speaker 3:

You want any fives with that?

Speaker 1:

No, I mean I don't go anywhere without a fucking rocket.

Speaker 2:

I should travel with a gun more often. I just again. I'm not the sharpest thinker. I always think that I'm good enough of a salesman that if I find myself in a physical altercation and they pull a gun, I'll be able to heckle them enough to call them a pussy to just fight me, you know. But like I guess my wife said that, that's not the way the world yeah, I would say that's a bad idea now when it comes to that kind of yeah no, grab the gun yeah, like, like I said, like some old school gladiator, like just one verse, one you win, you get it all you know, just give me a fighter.

Speaker 3:

Are you talking about american glad gladiators? Yeah, not a lot of people know that show anymore nowadays.

Speaker 1:

That's an old school one, but yeah man, it's the whole, the whole thing I mean, and I want to get your opinion on, uh, on rug pulling as well. I want to go into rug pulling and I want to go into your whole notes down here, because I mean I feel like that's, that's, that's the golden nugget, for sure, yeah, so. So we'll take a quick little breather, refresh our beverages.

Speaker 3:

Love it Smoke a cigarette real quick. Yep, shout out.

Speaker 1:

Nectar, shout out Nectar. Use Garcia5 as the code, get your nootropics on. Don't forget to like, comment, subscribe, share, notify yourselves, notify your loved ones. We got freaking Mr Goldrich here, bing bong, teaching us some freaking Bitcoin. I mean, we're all. I mean, dude, you talk as much as you want, I'm all ears.

Speaker 3:

I'm fucking loving it. Yeah, I'm getting informed here. This is a learning fucking deal when you guys fast forward this podcast 10 years from now.

Speaker 2:

They're going to be like that. Fucking retard was right and I'm gonna be like I told everyone.

Speaker 3:

I said a million in 2030, a million in 2030.

Speaker 1:

Listen it's guaranteed you know, oh, the fucking joe name it. Yeah, literally the joe name.

Speaker 2:

If I listen, I'd put my life on it. I mean, that's how, that's how serious I'm of a bull circle. Back to it, god. Now I have to invest in it.

Speaker 1:

Uh, it's a good idea. All right, we'll be right back. Folks, boys and girls, ladies and gentlemen. Well, on that note, we are, we are back, we are back we are back ready to rock and roll, and we're not fucking leaving. We're gonna get to this juicy, juicy, juicy, juicy bitcoin segment. Yeah, let dude, the floor is yours. We're gonna kind of let you kind of rock and roll, tell us what you kind of saw, what you thought. Process everything with the convention in vegas.

Speaker 2:

Yeah so I mean, listen, it's really easy, you know, at this point to when you look at bitcoin, given my situation, just sit and track it and follow it right. The one thing I took away from the bitcoin conference was I had the opportunity to be in like private rooms with with some big boys with the b in front of the name, you know oh shit, um, and what.

Speaker 2:

What marked me is, you know, and gave me extreme FOMO, was the way they talked about bitcoin and their understanding that bitcoin is inevitably going to be the backbone of our economy. So this is what they were saying oh like, with the clearest conviction ever, right, which, to me at that point, you know, given like and this is behind closed doors.

Speaker 1:

This is not like out for the, as you said earlier, the need to know basis. No, no.

Speaker 3:

Can you talk about this? Yeah, absolutely you.

Speaker 2:

I mean, you have to obviously swing, swing a big stick to get in these rooms and and I'm lucky enough to have enough bitcoin to be granted permission to to get in there um, and, like you know, some of the guys that I follow religiously, you're talking, you know, arthur hayes. You're talking. You know, larry lapard. You're talking, obviously, michael saylor. You know all the goats of the space, like the, the conviction from that group, which, again, like you know, it's easy for viewers to sit on the other side and go, yeah, but that's not for me, or that's bullshit, right, or or these are just, you know, internet people with internet money. These people kick all of our asses in fiat too, right, like it's not right, they they're not like you know, just Bitcoin. What do you mean by fiat too?

Speaker 1:

Like cash, paper, money, right.

Speaker 2:

So it's like Saylor, like his famous story is. Like you know, he had a company, microstrategy, and he had $600 million in cash and he was dying and he felt like he was just going to dissipate into the future and be forgotten forever. You know and I'm not going to quote these numbers because everyone will pick me apart but there's a couple thousand companies that make up the NASDAQ and the S&P right. Of those couple thousand companies, about 10 companies take up 80% of the trading volume, right, magnificent seven. So the other thousands are just forgotten, waiting to be roadkill for Microsoft, amazon and all the big boys.

Speaker 2:

So now, and this all goes into, why Bitcoin will 10X? Because all these companies now, through Saylor's corporate investment strategy, have a clear game plan of how to survive, and it's by diversifying their balance sheets into an appreciating asset with fixed supply, which is Bitcoin. Right, but it was the understanding that these guys know that the old system is broken. Right, that you know Lynn Alden, right, you know she coined the phrase. You know the brakes are off the train right.

Speaker 1:

Well, let me ask this before we get any further. Yeah, we mentioned it earlier. Do you think the brakes went off the train after we got off the gold standard?

Speaker 2:

yeah, absolutely, I mean I I feel like that's the exact you could see on a chart right through, throughout, throughout time, that obviously it started to get wonky about 10 to 15 years after we got off that gold standard, right, um, and now everyone feels it right. Why the fuck? I just bought eggs and milk. I spent 80. You know what I'm saying? Like the whole system, if you and this is why I say it's on a need-to-know basis and you should feel as passionate about bitcoin the way I do, because if you don't have 100 million dollars, then the system is working against you right and if you don't take that personally, then you're not playing the game right, then you literally are just a marshmallow in the group and you're going to get fucking roasted.

Speaker 2:

So, like that's fucking hysterical, I like that. No, it's true, I mean listen at the end of the day I. I don't consider myself one of the smartest people on the planet, but I do know. I play the game right.

Speaker 1:

There's so many people that aren't competitive, though. There's so many people that just stick their fucking head in the sand, work their corporate job. I'm gonna pay my taxes, and I know I got a bunch of my friends. They all say, oh Garcia, you don't do this, you do this. You stick your head in the fucking sand. All you want, man, you take it, you do you. You take care of your family, I'll do it my way. And let's, let's just see. Let's see what happens.

Speaker 2:

Listen there's something about, there's something about human psychology, that that it's, it's pretty clear, which we've all had. You know, friends in our group that have crazy talent that amount to nothing. Right, people are fearful of what they can do, right? They're fearful of failing.

Speaker 2:

They're fearful of being stupid they're fearful of of hopping on the bitcoin train now and then it going to zero and it'd be like, oh, you're the idiot that bought last. But it's simply because they don't understand the technology. Do you think maybe they fear success In some cases right, some cases. There's a lot of people that you know shoot yourself in the own foot.

Speaker 2:

Yeah, I see it all the time, right Like you don't believe, you don't feel like you've done enough to deserve it. And listen, imposter syndrome, 100%, 100%. And I touched on ayahuasca earlier. That's a whole different conversation. I won't bring that up, but like that was kind of my first aha moment to understanding myself, to understanding like, hey, I need to make fundamental changes in my life to be able to master the simulation we fucking live in yeah, um the fucking matrix, the matrix right no matter.

Speaker 2:

I mean, there's a reason why when you come across some people with some swag and that's driving the 400 000,000 G wagon truck, they're like what the fuck does this kid have that? I don't. I felt that way a million times about people. You're talking about yourself right now.

Speaker 2:

In the way, in the way of the point, like the one thing I will say that I give my I'm never a hater right when people are doing better than me. My job is to like ask questions how, what can we do, what'd you do, what changed, what got you here, etc. Right, so many people are so fearful of success that their default is to hate right and hating is free. So all the broke people are great at it, um, but at the end of the day, like, regardless of them, hating yeah, jesus christ yeah, no, I hate even talking about g-wagons, because it's funny.

Speaker 2:

People see this g-wagon they're like you know, they're always like, wow, what a sick g-wagon. But like at the end day I think you know I don't want to get cursed off the the bitcoin podcast.

Speaker 3:

That still is a pretty sick g-wagon it is. Let's look at it one more time. Let's look at it one more time it's a sick car.

Speaker 2:

I, the g-wang, just has such a faithful community that if you say anything bad about it fucking they put.

Speaker 1:

They show up to your house with pitchforks and fucking fire um but as you, as you were saying, man like the, the, it's so much easier to just hate as opposed to like hey man good shit, or?

Speaker 3:

or how can I learn? Yeah, how can I understand?

Speaker 1:

that's why I wanted you to get on here, man, and like talk about bitcoin.

Speaker 3:

We that, harold, sir, he wants to listen man, like we all, we're all trying to figure this so so stephen's been saying his name wrong the entire time well, is nobody going to correct me? On that errol. Errol without the h without the h.

Speaker 1:

I wish I wish you would have told me that before I could have made a fool out of myself.

Speaker 3:

And for those of y'all that can't see him, you know he's a sitting guest today. Yeah.

Speaker 2:

Love it. No, I'd love to have you and listen. Just to circle back to the point you want me to slam home right, when we got off the gold standard, the Fed and I don't think you guys understand this, but the fed was an institution that pretty much is all of our biggest enemy if you work for paper money and you save paper money, then you should lay a bed at night every day, hope the fed dies, because they're the ones that print your money into oblivion and make you lose value, create inflation yeah, exactly, but the problem is and, to their credit, it's the only way the system continues right. So when we got off the gold standard, the Fed used to be able, right, to raise interest rates, to curb the credit market right and be able to like restrict, you know, like help growth right and restrict the private sector right, which would allow us, you know, to kind of regain our bearings from an economic standpoint as a country.

Speaker 3:

The Fed was established in like the 1890s.

Speaker 2:

It was 1913. 1913. There we go. That's my guy, so you know what it was.

Speaker 3:

It was after the trust buster.

Speaker 1:

Yeah, teddy Roosevelt, it was after the Titanic.

Speaker 2:

Which I'm not going to get into.

Speaker 1:

That's a rabbit hole you want to go through, it'll wake your ass up, like for all the second amendment guys.

Speaker 2:

The founding father guys, like all of you guys, you know that that the founding fathers wrote about how the fed. If you implement a fed, it is the fundamental downfall of all society.

Speaker 3:

When did it go down? When did it go down bro?

Speaker 2:

Well, when, when they create to realize that a bunch of the old guys died right, a bunch of new guys got in the system and figured out how to manipulate it for their greater good right.

Speaker 3:

And then, obviously, what politicians absolutely bankers and politicians.

Speaker 2:

I mean the guys that are running the world today. Right, these are the guys that manipulate jackal island man what's?

Speaker 1:

what's jackal island. That's where the fed was thought of, that's where it was created. Yeah, go through that, go through that. I'm telling you, go through that little rabbit hole. Yeah, but go ahead, man, but here.

Speaker 2:

I mean and this is the one point that, no matter where you're at from an educational level, if you can understand this, you understand why Bitcoin is the answer. Now, in today's age, when the Fed raises rates, they just accelerate the national deficit. Right, which is crazy. There's no way to stop this from moving. When they used to raise rates in the bet used to slow things down, everything would pump the brakes. Lending would stop, credit would stop. Now it's the exact opposite. The economy's gotten too big. We've gotten to a point of 100% GDP that when they start to restrict the markets, the deficit climbs at a rapid rate. What is the possible?

Speaker 3:

solution to reduce the deficit well, I'm that's a loaded question. That's a very loaded question.

Speaker 2:

It's actually so and and it's a question. People don't ask enough, so and I don't I don't want to come off political here because I'm neither here nor there. My whole family, you know, are democrats. Obviously, now that I'm rich, I'm a republican. Um, you know, funny, how that fucking works.

Speaker 2:

Let's go, yeah, second you have a little bit of money, policy changes a little bit um, but at the end of the day, like you know, the the thing about the way the system is structured. So they, the guys that are in office now with trump, that Trump brought in, are sharp dudes. Right, I can't name them all, but you're talking about big hedge fund guys that have actually solved a lot of huge economic issues globally.

Speaker 3:

Well, we can name one right Elon Musk. Yeah, elon Musk, he's kind of out now. He's yeah, he's out now.

Speaker 2:

Cause he was just a in the cabinets like the david um, I forget his last name. Uh, it's guys that we don't know their name, yeah, but they're gangsters and they don't give a shit if you're blue, red, green or purple. They're trying to play the game financially, you know. So what they're doing which is unbelievable is they're devising unbelievable, unique ways that our old government, our old system, would never be able to craft up to settle the deficit, right? So? So this is a crypto podcast. I'll sprinkle this on here. I'm not supposed to fucking say it, but it was something that was dropped. That was pretty cool. That I thought was like an aha moment Like this, this could possibly work. So our deficit's so massive? Right, we just saw what Doge did. He wasn't able to fucking put a dent in it. Right, since the beginning of Trump's office, the last 100 days, which I will go on record and say against my own group, was the coolest 100 days I've ever seen a first president take office, the guy's doing shit, I agree with that.

Speaker 3:

He's mixing things up and he's playing ball. Are you tired of winning yet? Yeah, because we're going to continue to win so much.

Speaker 2:

It was a little rocky with the tariffs, for sure, but at the end of the day, his interest was but the tariffs exactly they're not over yet. They're not over yet we're still in a little ping pong battle with china. If we got to strangle some chinese, we'll do it.

Speaker 3:

Well, we're in a 90-day limbo with china right now. Yeah, exactly.

Speaker 2:

But listen, that's the first one. We forget like we want to. We don't want to work with you. They're fucking communists. You ever go over there? Everything's on the social credit system. They take videos of you crossing the street. They ding you for sure. I don't want to live in that fucking society.

Speaker 3:

They are literally communists, literally communists.

Speaker 2:

So it's like I don't know why we're putting so much emphasis on playing fair ball with them when they've been robbing our infrastructure for years. Bro, I love that.

Speaker 1:

That's a whole other story. I love that. That's a whole other game plan. That's a whole other segment there.

Speaker 2:

So to be honest, China could get fucked for all I'm concerned. Yeah, it just banned it yesterday again. It's like I don't give a shit, Because Bitcoin is the solution to all these issues. The point I'm trying to make is the golden nugget I took away is the guys that are in office now with Trump. They're thinking creative ways to eliminate the death of it. So we have I don't know the number, I think it's like 20 or 30 national parks in the United States, right At a combined real estate value of close to a trillion dollars. Are you so it's?

Speaker 1:

gotta be more than that right yeah probably national national parks, national national parks is probably it's, but you're saying that there's about 20 national parks.

Speaker 3:

That in terms of real estate value intrinsic intrinsic real estate value equate to a 10 trillion.

Speaker 2:

Yeah, and I can't even believe I'm saying this on here, cause I don't want to team myself off to get yellow stone in the mug.

Speaker 2:

Exactly Yellow stone, yosemite all the big boys Right, and this is a cool thing about crypto as we start to tokenize assets, cause you're a real estate guy, right, I'm a real estate guy. I hope there's a day that tokenized assets, so this way I could get fucking steven drunk and he could buy one of my properties for me after a few cocktails directly, without cutting out all the middleman. As we tokenize these assets, we'll be able to subject out parcels in tokens to outside investors, right, so you're talking about the potential of wiping out the deficit with a simple land accusation? You know like which. When you really think about that, it's clever as shit, like I'm sure a bunch of these fucking corrupt Chinese guys would love to own a piece of Mount Rushmore for a couple trillion dollars on a tokenization asset, right, a tokenization standpoint where we're now.

Speaker 3:

You're telling, you're saying selling it to non-non citizens. Anybody who's willing to buy it, who?

Speaker 2:

buys it. Well, let putin buy. I don't give a shit, I don't go to those things enough. They still stay in america. You can't move them. You know china buys more real estate in miami than anybody else they buy more farmland than anybody else why not national parks? So we can literally wipe out the, the deficit with like some clever crafty moves like that, just to outsource, you know, the sale of our national treasures. Damn, that's a fucking genius move, that's a unique move.

Speaker 3:

That is unique yeah.

Speaker 1:

I don't know if I'm all bored with it.

Speaker 3:

Well, no, no, no, let me tell you why it's not a horrible idea, because at any point in time, the US government can implement an imminent domain and seize the property back.

Speaker 1:

Yeah, well, there's one thing that the American government. You know what premonacta is, bro, I do know what premonacta is Do you? Yes, motherfucker, I've seen Braveheart a million times. Are you fucking kidding me?

Speaker 3:

next question. Next question I fucking know this is a, that's a clever idea, but again.

Speaker 2:

There's so many things like that that we haven't even touched because the old system was so broken. Right, they had no problem. And again, I don't know where you're at as far as immigration or whatever the shit is, but we have so much waste.

Speaker 3:

I'm okay with mass deportations. Yeah, yeah. Well, I'm okay with it.

Speaker 2:

I just lost my nanny, so it's a tough subject for me oh shit yeah yeah you want to talk about.

Speaker 3:

You want to talk about the horse being on the. I like it, you. You called it a nanny. You mean an au poids, au poids, au pair, au pair, au pair.

Speaker 2:

Yeah yeah, to be honest, this lady was she got deported. No, no, no, no. She had issues and had to go back, and now she's having issues coming back. She self deported. Good for her.

Speaker 1:

I saw Jacqueline's story and I was like, oh god tough household right now you need to find an.

Speaker 2:

American one, yeah, but they ask for more money. Americans are fucking shitty workers. They want to get paid in bitcoin. No, definitely not paying in bitcoin um but yeah. So I mean, once you realize that, like, in order for the current system to continue, they have to print right, and then you look at some of the challenges that we have facing us. You know, today, with obviously Social Security coming up, you have, you know, medicare, medicaid, exactly. There's so much that, like one small tick or two could exaggerate that entire deficit by trillions more dollars.

Speaker 3:

So, at the very least, to maintain the status quo, nothing serious happens, no more wars we have to inject another nine trillion dollars well, are you taking into consideration the fact that the largest generation of baby builders, baby boomers, are going to be dying exactly and our population increase is actually decreasing, right so our, our birth rate is decreasing. Boomers are going to be dying off. Why do we have to print more money? Why can't we just leave it where it's at? What if the Fed decided today? What do you think the ramifications would be? If the Fed decided today, we are no longer printing any more money, perfect, I mean the system fails and we go to.

Speaker 2:

Bitcoin. The system cannot continue without printing Because it's failing exactly it's failing they have to and they they show that the way they're printing. Every time they print an excess amount of mounting right and then we get back to the standard. The next print has to be 2x or 3x with the previous ones to maintain the status and then the feds raise the rates. It's getting bigger each time. There's no way to stop the fucking train.

Speaker 1:

The train is not the station.

Speaker 3:

It's gone, it's over. There is a way to stop it.

Speaker 2:

The old establishment is dead. They're just holding on because they control everything. They're the only ones that are like. You know, there's some great examples of people that in the last couple of years that, like, were able to pull out private loans from the government directly for 280 million at zero points. What Can you do that? I can't do that. No regular person is able to do that unless you're tied in with the big boys, right? So the system is not built for us anymore.

Speaker 2:

If you're not in the 100 mil plus, you don't run Chase Bank, you don't run Bank of America. You might as well just get fucked and go on your way. Go on your way, go on your way, because so bitcoin is your only solution to a fair system. Could you just imagine, you as the viewer, that if you worked let's just say, you made 50 grand a year, which is the average salary and I don't knock that because I've been there right? You make 50 grand a year and you save, let's call, 10 grand a year? In today's market, you pretty much are losing money, right? Imagine if you save 10 grand and you had the peace of mind of knowing that that 10 grand will buy you more in the future than it would today by your ability to save. It would completely change how you handled finances Right, because now you'd be a lot more conservative in your spending.

Speaker 1:

Well, Jesse, I mean, I feel like that's you know, my dad was a financial advisor. I feel like that's what his entire and every financial advisor, that's what their model is. It's like you make 50 grand, you put 10 grand into the market. You make, you know, 8 to 10 to 12% Yep. So you got to do it Diversify, Yep, Diversification, Diversification for sure, but it sounds like there's no diversification here.

Speaker 3:

It sounds like Jesse's just saying and he was saying that he's saying just buy Bitcoin, buy Bitcoin, buy Bitcoin. He was saying that he's like I wish.

Speaker 1:

I wouldn't have listened that.

Speaker 3:

I didn't diversify. I wish I would just put all my eggs into Bitcoin, because I mean you hate real estate. We know that, no listen.

Speaker 2:

I like it from the standpoint that it gives me something to do throughout the day Because I don't own real estate. It owns me. I work for it.

Speaker 3:

You don't have a property manager. No, what the fuck.

Speaker 2:

Why not 10%? No, fuck 10%. I mean, I'm Jewish, I like to keep my shit Are you Jewish Goldridge. Yeah, I don't have enough shit. I don't have 100 doors, I don't have a hundred doors.

Speaker 3:

You know what I'm saying. Like, like, how many doors, how many doors? You got 10, 10. Yeah, oh, okay, so it's a small.

Speaker 2:

Yeah.

Speaker 3:

Yeah, yeah, yeah, but I mean I mean sulfur Springs.

Speaker 2:

No, all South Tampa.

Speaker 3:

Oh, okay, damn yeah, and that's.

Speaker 2:

Isn't that what?

Speaker 1:

they say Location, location, location.

Speaker 2:

I'm not fucking buying nothing out there in goddamn you know what's that place that always keeps going belly up.

Speaker 3:

Sulphur.

Speaker 2:

Springs, sulphur Springs.

Speaker 3:

Yeah, yeah, yeah, that's probably it, manny, my brother, his wife, grew up in Sulphur Springs. Oh, she's Cuban also.

Speaker 1:

I don't know where the hell that even is. You don't? No, yeah, yeah, but outside the doors.

Speaker 2:

I mean, I have a, you know like Outside the doors he's been in my house. I have a sick personal residence. You know like it's an absolute castle, how big it's Square footage. Wise, come on, 10,250, damn no, you living in Avila.

Speaker 1:

No, no, he's five minutes from my house.

Speaker 2:

Yeah, five minutes from his house. Oh, so you're living in the Dessa? No, I'm living in Lutz. Lutz man.

Speaker 3:

Lutz Fucking Lutz, Yo Lutz is fucking weird as shit, because it turns from Bears in 41 and somehow makes its way up there by Lutz Lake Front Row. No, yeah.

Speaker 1:

There's Lutz, Lutz, and then there's Well.

Speaker 2:

Lutz is all just one city. No, my crib was on that show Selling Tampa for a little bit For real. Yeah, no shit. We did a pretty cool remodel there, but again, like you know, at the point, like real estate's cool, and then obviously we have a cool personal residence in Hyde Park Village too. You know that's not factored into all that. Like you know, sick condo You've been there a couple times. It's a very convenient place when you're bar hopping, have a little quick mental reset but uh, maybe smoke a j or two.

Speaker 2:

Yeah, smoke a j or two. For sure do some other things, um but, uh, do some other play some recreationals, you know, but like at the end of the day, um, you know, like it's just, real estate's a job, you know? I think that's the point that I'm getting.

Speaker 3:

What if you have a property manager man?

Speaker 2:

Yeah, of course, but like to get to a property manager, like then you're managing the property manager. I mean, I don't know what property manager does his job at a high level, consistently throughout the years I mean. I have thousands of employees you know that have come through my wheelhouse time for time. Everybody's great the first six months, everybody's great the first year, but what about year two? If you're not when, when the cat's away, the mice will play it's a famous setting.

Speaker 1:

Right like, like, if you don't know how to manage. I thought it was the if the roosters away, the hens will play, that's probably it.

Speaker 3:

Well, no no, it sounds about both of them are probably right yeah they both make sense. No, they make dollars.

Speaker 2:

Yeah.

Speaker 3:

No, the Bitcoin.

Speaker 2:

But I mean, listen when you look at it from that and I think most people don't understand it is Bitcoin, is a protocol, it's a financial technology. Right, it's a scarce amount. If you are able and I don't want everybody, you know, I'm not like like michael saylor I were telling you to mortgage the house and buy bitcoin, right, I'm telling you to put your your coffee money in there daily. Right, there's spendable income. Exactly. There's so many cases, I mean, of a person that just over the last seven years did 30 a day total investment 87 000. You know what their portfolio balance is today it's probably closer to 2 million now that I hear it was a Off of 87 Gs Off of 87 Gs, but it was a million three when Bitcoin was at like 60 or 50, I think right.

Speaker 1:

Jesus.

Speaker 2:

So, like again, don't beat the system, don't try to outsmart the system it's a long-term savings account if you do not view bitcoin as a long-term savings account, you don't understand the technology and you don't deserve to reap the benefits right. And that's simply where I you know, I had some tough conversations with a lot of my friends and family. I am not investing any more money into the stock market. I'm not investing any more money into real estate. I have enough income from the real estate to to obviously, you know, cover my bills, you know, and live a good life and travel and do whatever the fuck I want. But I know, if I want that future fuck you money that I'm able to go back to my network network of friends that all have way more fiat than me and be like who's your daddy now, bitch, I know that this is my long game.

Speaker 2:

This is my game plan I.

Speaker 3:

I like that he used the you I did yeah, yeah, yeah, because yeah you remember the john goodman. Uh, I want to do it from a position of you.

Speaker 2:

Yeah that's oh yeah, boss upset you, yeah, but even then he said 2.5 million on that thing. He's like oh, you get 2.5 million in bankers.

Speaker 3:

Yeah, 2.5 million on that thing he's like oh, you got $2.5 million in bankroll, yeah, yeah $2.5 million 20 years ago.

Speaker 2:

I'm still not fucking you and people.

Speaker 3:

Unless, it's in Bitcoin.

Speaker 2:

Well, but again so let's go back to your point earlier about that. Let's go, hold on, we're going to take a quick little breather.

Speaker 1:

And then we're going. Don't forget like, comment, subscribe, get your notifications on. I want to thank nectar. Nectar, the hector, inspector. Nootropics, nootropics all right, use code garcia5, get a nice little discount. We'll be back with mr goldrich. Bing, bong, cheers my. Anyways, we are back, wow shout out nectar how's it feel on the nectar? My boy, my boy, new tropical.

Speaker 2:

I'm new tropical. I just took a fucking teleportation to the tropics. Atomic apple I don't know if it's that or these drinks, something's got me fucking buzzing oh, their boys are buzzing.

Speaker 3:

That's just ginger ale, and ice forgot you.

Speaker 2:

You can never not eat breakfast before you go hang out with fucking guys, I'm intermittent fasting. I'm about to be intermittent. Fuck.

Speaker 1:

It's unbelievable, this fucking every time I'm with you, cheers cheers thanks for coming on.

Speaker 3:

You guys never explained on the podcast. How do you guys know each other?

Speaker 2:

his brother yeah that's it.

Speaker 1:

That's my brother, just Sean. That's yeah 100.

Speaker 2:

You know, I think one of the, the first. You know, sean's like you, you gotta meet this dude garcia. He's fucking one of us, dude, he's one of us. I didn't know the kid was fucking famous. I've been like you know let's tiptoe here with this guy. You know, let's tiptoe a bit. He's like no he's one of the boys, bring him in.

Speaker 3:

Is that what sean said? He was like yo steven's famous.

Speaker 2:

No no, no, he didn't. He didn't my brother, my brother wouldn't know. My brother is like the opposite of starstruck, you know, he doesn't know who's what or do like he could hang out with leonardo capra and be like yo. I just met a cool dude. Dude, he's half retarded, but god was nice. He should have had money um His name's, leo.

Speaker 3:

Yeah, Leo, I'm like DiCaprio, Georgie.

Speaker 2:

Yeah, he's like, oh yeah, I'm like, yeah, you met a pretty famous guy there, pal, that's just not who Sean is. But Sean was telling me oh, get drinks, because at the time we were big hit the rock kind of guys. Cocaine, what? Yeah, hit the rock Hit the rock, jesus Christ.

Speaker 3:

Wait, wait, wait, you're talking about something else.

Speaker 2:

No, I just meant pound the rock like we like to drink, like fish.

Speaker 1:

Oh, we just got after it, man.

Speaker 2:

Leap all that fucking out. God damn. Yeah, god damn. Why are you going to be on that one, Like you were talking about that on the podcast.

Speaker 1:

That's your last podcast. Johnny can't let him. We're gonna absolutely erase that entire reset.

Speaker 3:

All right, now we're actually all right welcome seriously yeah, man, okay, all right.

Speaker 2:

Yeah, I don't know. I looked at you when I look at steven for guidance and he hits you with the one look, look away. I know it's a fuck yeah, I'm not. Yeah, I don't want to, I don't yeah, I don't want, I don't want to pound that I was saying I don't give a fuck yeah, yeah, I love it, it's real, it's real. No, trust me. All right, well, oh, yeah nectar, cool nectar, nectar.

Speaker 1:

We are back with mr goldrich. Here we go. All right, let's uh, let's dive in a little bit more into your notes that what you, what you, had to say. I know there was a lot of confusion going on the last segment, but so just kind of give. Actually, before I ask you this, what is your opinion on the rug pull? How does that happen?

Speaker 3:

Can you explain real quick for the audience members that don't understand the terminology what is rug pull?

Speaker 2:

Yeah, so I mean, listen, there was a sequence of coins. They call them ICOs or ITOs, initial token offerings, right when it's anybody you know?

Speaker 1:

Like the hot two of coins. Exactly, exactly.

Speaker 2:

Anybody running you know anybody running out of their mother's basement could build a coin, create fake value, say it will deliver a service or real life utility. In some way they get all this marketing hype around it. They pump up you know a lot like again with the tokenomics of how those quote they're called shit coins. Right, work is you could like I could put five million bucks in a shit coin, lock it up so it shows it has five million dollars in equity. Right, build a marketing campaign around it. Have a bunch of people come in social media influencer.

Speaker 1:

Yeah, like you know for you at football.

Speaker 2:

We could call it the, you know, south carolina game, cox coin. You know, I just I just did it.

Speaker 1:

Yeah, you did it. I was just involved in it. You were jesus, or?

Speaker 2:

the fed's about to break us down.

Speaker 1:

I'm gonna talk to you off air about it.

Speaker 2:

Okay, very, very, so maybe that's a sticky subject. It's not a sticky subject because, because I don't, I didn't do anything, all.

Speaker 1:

I did was just I just pressed a button, this is all allegedly, Allegedly yeah.

Speaker 2:

Very allegedly, I mean listen, I've done one too. I came out with a coin a while ago called Change Our World Coin. I got with a bunch of guys that I really liked. I really trusted that we're going to do a coin that like.

Speaker 3:

How much did you guys invest in it?

Speaker 2:

uh, zero um, it was you had to put equity?

Speaker 2:

no, no, you can, it's a marketing strategy to show that the token has value. Right, because everyone's basing, you know, their investments off the market cap of the token, right? So you build a marketing campaign around um, you know the, the worth of the the coin, and what it's going to provide and what value it's going to provide and what real world utility it's going to provide. And then, at the end of the coin, and what it's going to provide and what value it's going to provide and what real world utility it's going to provide. And then, at the end of the day, like most of them, do nothing. And then the developers at some point get frustrated with the growth of the project, so to speak, and then rug pull the whole operation and the people get cash out.

Speaker 2:

Yeah, cash out, meaning like, like there's no real divisibility of like of of numerical value. Meaning like you could have a coin with a hundred billion, billion, you know trillion coins for whatever the project is right, and you can lock up you know a million of them in the value of equity in the coin and then offer out the remaining balance to the masses and then take all of their money, sell your conditioning thing and then let them fight over the rest I gotta talk to you about this off here, because you're gonna, you're gonna laugh your ass off.

Speaker 3:

Isn't that fraudulent?

Speaker 2:

yeah, for sure. I mean you're gonna see a lot of people, I'd get smoked but it's not illegal there's no paperwork.

Speaker 1:

There's no, yeah, I don't know. I fucking hope not.

Speaker 3:

I think if the intent is there, then it's illegal. But if there was no intent intent initially to create or uh to to become fraudulent then you are not legally.

Speaker 2:

I'm gonna say something really fucked up about the crypto world here. That's gonna get me pinned as a target, but you know I don't give a fuck, so I'm gonna say it right now.

Speaker 2:

What happens is these devs, right, these developers a bunch of fucking losers right, yeah, there's just a bunch of smart kids that do a bunch of coding and do some shit, and and they're the ones that could put it together for the salesmen's like us, right, right. And what happens is these kids are always behind the scenes eventually. Everyone wants to be the main character in their own movie, right, and if the kid that built the system could control the system and realize that he's not the face of the system. All these devs are weirdos. You know they will rug, pull you without you even knowing, getting you to front load the marketing, right, especially you get someone like garcia that is like you know, obviously a face.

Speaker 2:

I can't go to the bar without some girl coming up asking to take a picture. Every time someone's asked us, I'm like why not me? You know like I'll take the fucking picture, bitch. They're like go right to this guy. Everybody knows him, everyone wants to be like, so like he's a low-hanging fruit target for these devs, because all the non-cool kids want to be like the cool kids. So they just manipulate the game, find somebody that could like pull a little, pull in like one specific category, and then they fuck the whole show.

Speaker 1:

They fuck the entire show and they I mean they get away with it.

Speaker 2:

Scary group to go after the developers though, because they're sharp guys and listen guys.

Speaker 1:

Not all you are pussies just um, jesse, when I tell you about this shit, all fair, because I don't want to I will say I'm not mentioning it. Yeah, no, because I can't stop thinking about it, because he's saying shit that I'm just like do you want me to you pause the cameras and you want to talk about it?

Speaker 2:

no I just told all the devs to go fuck themselves. So I mean like let's keep that in there. Yeah, you know, but it's true, like you know, and that's why Bitcoin is a solution to all. Right, guys, like nobody owns Bitcoin, right, god you own.

Speaker 1:

Bitcoin and I love it. That's why we want to fuck it on here.

Speaker 2:

I will fucking spit roast that dick all day for.

Speaker 3:

Bitcoin Like it's the one tool that's given me it's the one tool that's given me the ultimate power. So let me ask you a question, because I don't think you've you've said it yet on the podcast when is it going to be providing monthly dividends?

Speaker 2:

yeah, so that that's where we left. On the last one, right is every single asset from the beginning time, and I get this all the time from all my real estate guys, which, uniquely, you know, you know, like I, I'm a real estate guy too, and I love to go toe to toe with my other real estate guys, especially the ones that own less real estate than me, cause I'm like, listen, I'm, I'm in the game, pal.

Speaker 2:

I get it 10 doors in, but I mean that's. That's excluding personal residence. You know, when you look at the big show like it's a pretty sick portfolio, but at the end of the day, every single asset from the beginning of time didn't have a credit market built around it. Right, it takes Wall Street to get involved for them to devise credit markets and lending opportunities around that asset. Bitcoin's not there yet. We're in the first inning, guys. Right? I just again, if I could give you guys simple numbers without fucking letters in that's a theme of this goddamn podcast there's 900 trillion in global equity. Bitcoin is at 1.6 trillion. Bitcoin eats half of every asset on the planet.

Speaker 3:

So 1 900th no yeah, 1 900, yeah, yeah well, it's 1 900th.

Speaker 2:

Now it will turn into a 500 trillion dollar asset. So you're looking at a 500x from here over the next 35 to 40 years really if you got that kind of time, pal, and you're not playing this game and I think you just I think you hit the nail on the head.

Speaker 1:

it's like it's the time, and I think this is a great podcast. I'm learning a lot from it. I hope these people are learning a lot from it.

Speaker 2:

Listen. Some will, some won't. So what Fuck it? I don't care if you do or do not do. I just come to the point. I'm not here to sell you on Bitcoin. I've done everything under the sun.

Speaker 1:

I've played the game to the best of my ability and everything.

Speaker 2:

If you don't get, you're going to get caught with your dick in your hand and that's going to be like god. I wish I would have listened. Well, it's even like we're not.

Speaker 1:

We're not going to get paid from a bitcoin sponsor on this. How?

Speaker 2:

do you know? Well, I wouldn't want to, I wouldn't want to, I wouldn't want to.

Speaker 2:

I'm happy with nectar, the inspector no, I mean, listen, I, I have a goal. I want to get on a couple of big boys like you know, larry Lepard, you know, obviously, michael Saylor, arthur Hayes those guys are all gangsters. But like, at the end of the day, guys like Bitcoin is the only tool that benefits you, the user Right, and that's what I just don't understand people's hatred towards it. It's like, guys, it's the first time an institution doesn't control your future. There's a couple guys in a boardroom that could fuck your whole show and everything you've done from an investment standpoint, like you know not to shit on your investment, but the one you're just showing me, no, and it's great. I mean from a number standpoint.

Speaker 1:

I would do that all day, but one dude could wake up differently tomorrow and be like we're nixing that dividend. We can't survive off of that let's or's maneuver the numbers or get fucking killed by Mario or whatever the fuck the guy's name is or the grandson takes over the grandson's a fucking cokehead.

Speaker 2:

I don't know.

Speaker 1:

Who's the guy that just died from the United Health, that just got killed? Yeah, that's smoked.

Speaker 3:

Oh, are you talking about the?

Speaker 1:

senior Like Mario or Luigi killed him. Yeah, luigi. So to his point it's you can do industrialized or institutionalized assets or go to crypto and you kind of yeah, kind of control your own deal. It's secured.

Speaker 3:

So my whole thing is that like but generating passive income it's a little bit harder when you own Bitcoin.

Speaker 2:

And I'm not against.

Speaker 3:

Bitcoin. I never said I'm against bitcoin. I think bitcoin. I agree with you, bro. Um, maybe not the 10x part, maybe uh 500 000 in five years, but my thing is first the boat for no, no, yeah, well, hey, I'm I'm invested in bitcoin.

Speaker 1:

Listen uh again, but I'm saying like for someone who wants to create passive income how are they going to do that with Bitcoin bro?

Speaker 2:

Well, you just came out. Coinbase just dropped its first. What 8% right. Yeah, 8%, 8% fund on that right. But again, if you're a real Bitcoiner, like me, and that's APY though.

Speaker 3:

Yeah, but exactly so you're looking at annual percentage rates bro, of course for hard money.

Speaker 2:

I mean, I'm putting, you know, I'm putting 600 grand on a house in ocala next to a fucking horse stand.

Speaker 3:

You may be selling it for 800 after you rehab it right well, no, I'm not doing, I'm just hard money lending.

Speaker 2:

I don't give a shit what the borrower does with it. I mean, you're getting your points up front you're getting your points up front it balloons.

Speaker 3:

In a year you made your money yeah I mean you're talking about six points on 100K. Let's just call it 100K for the sake of math. Yeah, you're talking about getting $6,000 up front and then they got to pay interest-only payments. Yeah, and you are a lien holder on the property. You hope they don't default on their loan yeah. Because if you do, then you're the one who has to sell the property.

Speaker 2:

I mean, real estate does have a lot of collateral behind it. Yeah, well, listen, and I just want to be crystal clear like once I came across the bitcoin model, I transitioned my entire real estate portfolio to be every dollar I had in mortgages out on personal real estate. And this again I I think I'm genius for this right. This was, this, was the jay birdie thought that ended up the jay birdie thought that I ended up really like maybe I am the fucking guy, right.

Speaker 2:

But who knows, you know that's for the universe to decide down the road. But I took every dollar I owed in real estate, put it out in hard money at 12 percent right to satisfy my existing real estate portfolio. So, no matter what, every dollar I make outside of real estate is just icing on the cake for more Bitcoin, right. So that's the way I play the real estate game. I believe in it. Everybody always needs a place to live. I have a really cool network of people that do really well in it Kids that kick my ass in real estate and I will never knock real estate because I do understand there's value there. But if you're talking about the apex asset, you're talking about the long-term investment you're talking about the apex asset you're talking about long-term investment.

Speaker 2:

You're talking about the one that's going to outperform everything long term. Long term, including including the s&p 500. That is bitcoin. Period point blank. No matter how you shake it, slice it or dice it, bitcoin is the only answer. You got to think that bitcoin conference really got him going.

Speaker 2:

I mean dude, because that's, I mean that's a tell, that's a, guys in in that bitcoin conference that I had private meetings with, that were you know, telling me very simply like yeah, I have two thousand doors, bud, what do you got? I'm like, dude, they're like. They're like yeah, you need more bitcoin, pal, because it's the end game, right? Every market, every financial instrument that's ever been used since the beginning of human, human civilization, never starts with a credit market. It's always built in once it becomes that useful.

Speaker 1:

Damn, you're hyping me up, man dude, I know I'm gonna fucking juice up one day and it's so funny because you gotta dance the nectar that's got no fire.

Speaker 2:

The nootropics got me ready to send a buy order right now. What if, uh, someone ask you a?

Speaker 3:

question what if someone walked up to you and goes yo, jesse, I'm going to liquidate everything I have and I'm going to just throw it all into Bitcoin? I'd say genius your opinion on it, genius, you would tell them.

Speaker 2:

Genius.

Speaker 3:

As long as you have a long time horizon.

Speaker 2:

If you need the money in a year, I'd say you're not sure.

Speaker 2:

He said. He said that 10 years like. If you want the for sure, fuck you play. It's 10 years. If you want the like might be dicey, you know five years, but if you want the for sure, I guarantee I don't have to think about this shit for 10 years and I know that in 10 years time from now I'm gonna 10x my money. That is bitcoin, point blank. It's the fastest growing asset in the world. The numbers show this is not just like my opinion I'm not the opinion guy to give deliberate advice on other markets.

Speaker 2:

I'm not the smp guru guy. I don't pretend to be the smartest guy in the room. I always am just a student of the game. I've had every more than 99 of the population. I have more fiat, then more real estate, then more everything. Then, and I'll tell you, I'd bet my whole life that's all we have to look at right there.

Speaker 3:

Let's go five years, five that is 988, that's a 10x nothing else touches it that's a 10x, nothing else touch and listen.

Speaker 2:

People just want to like.

Speaker 3:

It's the same thing I agree with you, I don't. I want you to understand that I'm not disagreeing with you. I'm just asking questions great questions. I'm asking questions that the audience members may have.

Speaker 1:

No smart, but what I feel like the audience would ask how do I get rich? Fucking quick, yeah, which is the problem and the quickest way is find some dev guys. Yeah, yeah and fucking pull the damn rug.

Speaker 2:

Yeah, hope you have a little bit of Instagram pull where you have some following. If you don't have a following, you're smoked.

Speaker 1:

You're going to shit your pants when I tell you this story.

Speaker 2:

I'm excited to hear it. I might have to double down on it.

Speaker 3:

So, essentially, this is a long-term play. I want to play too. This is a long-term play. This is what it is. It's saving technology.

Speaker 2:

It's number-go-up technology. It's mathematically built to go up over time time not, and again, exponentially. Again, just look at the way I saw the chart. It was exponential. If you look at the way our government operates, they have no choice but to inject at least nine trillion dollars into the economy and that's, and that's what I know.

Speaker 1:

You said you wanted to get involved in the government side of things.

Speaker 2:

Yeah go ahead and rip it I mean rip it again. So we're looking at the way our, our economy prints money to stay afloat. Guys, If you don't understand this simple fact, you'll never understand money period Right.

Speaker 1:

There's a lot of people that don't. There's 99% of people that have no idea. They stick their head in the sand, say oh, fuck it, you know, it's all whatever, I'm going to work my 40-hour-a-day job, and then I'll party on the weekends. Friday, Saturday, then get back to the grind.

Speaker 3:

So we're out here filming podcasts at a two o'clock.

Speaker 2:

So I mean, listen, when you look at it like this, right, like if you, if you want to be a stock investor, right, you need a series of mathematical equations to factor in the future value of that stock. The value of that stock is based on future production, not money. Now, once I understood that, I realized that whole game's fucked and rigged.

Speaker 3:

I want no part of it. Can you say that one more time? Yeah?

Speaker 2:

once I realized that You're trading on multiples. Yeah, you're trading on a stock's ability to provide future value, not the money they have today. And it's all bullshit, it's all bullshit.

Speaker 1:

Because they have no idea what's coming around the corner. Nvidia's trading on 300x and multiple or whatever.

Speaker 2:

Well, it makes sense. It's like what the fuck get the fuck out. Listen.

Speaker 3:

I have Nvidia, so I don't. Ai is the future, bro. You know that. Yeah, you know that.

Speaker 2:

I wasn't even going to fucking bring that trick to this fucking party. But guess what? The AI is going to use programmable money.

Speaker 2:

That that could be settled instantly, I'd say they're gonna crack the fucking blockchain you don't think they're gonna crack the blockchain well. Well, I mean, are you talking about quantum, the quantum's ability, correct? Yeah, but if they crack their blockchain, they're definitely smoking your four-digit, you know, uh, atm pin, you know what I'm saying? Like like your whole bank account smoked too pal, like that's the thing. So then, what the? What the fuck are we doing? That's all well, at the end of the day, I think we'll be able to use hundred dollar bills as toilet paper in the next 10 years.

Speaker 1:

I really think I hope we do it and listen that with bitcoin.

Speaker 3:

That's what I'm saying well, elon musk said it, which I agree with him once the singularity is cracked, which is ai consciousness that what you're gonna see, is we're cooked.

Speaker 2:

No, bro, what you're going to see what you're going to see is a universal income. Well listen, I don't think you're going to see a universal income. I don't know if we could, that's he said.

Speaker 1:

He said this was that like two years. They have no choice. They have no choice. We're out there, fucking.

Speaker 2:

We're out there, we're doing a seance and native american flutes around my fire in the backyard and I told him exactly what was going to happen in the next 10 years, because you have to understand this room is a bunch of gangsters. You're a hustler. You're a hustler. There's a bunch of viewers in here that are fucking hustlers. 90% of people are fucking dopes 90% of people don't even care to play.

Speaker 2:

I'm just saying, just being conservative, just being conservative, most people are going to get absolutely fucking face left by what comes in the next, in the next 10 years exactly.

Speaker 3:

Well, actually, you know what in the next five years?

Speaker 2:

possibly, but at the end of the day you have it. This is a. This is a participation trophy economy. Everybody has to play right, or else the whole game's smoke. That's why they have to print, because they have to feed the bottom of the pyramid. So do you agree with a?

Speaker 3:

universal income once what you see is, you know, the optimist robots from tesla right they're going to be walking on mars before one single human being walks on mars. You ever see the movie I robot? For sure, bro, that that is what we're going to go towards. I robot, that is literally going to be our future.

Speaker 1:

He literally was saying that there is going to be a universal income. We were sitting there.

Speaker 2:

I'll never, forget there's going to have to be In his 10,250 square foot house castle.

Speaker 1:

We're ripping and listening to Indian flute and me, him and his brother just like, and he's like, you know there's going to be a universal income right, and there's going to be a universal income right. And then we're like what the fuck are you talking about? No, well, listen you've got to think about this man. It's a fact of the matter.

Speaker 2:

I just want to say the one thing I share with Garcia is like I don't have the football ability Garcia has, but I'm a locker room guy man, I'm the guy that in the locker room. When we played football, I was the warrior for the group, you know. Warrior for the group, you know my whole job was to be I was a middle linebacker.

Speaker 1:

I wanted to hit people. I wanted to hurt people. I want to play ball. I was the warrior for my group.

Speaker 2:

So it's the same thing when it comes to finances. When I love people, I want them to know the information I know. I want them to feel what I feel and know that what's coming, because I want to help all the people I love, including, obviously, my brother, my sister, garcia, their friends. So I'm very passionately spoken, when it comes to people in my network, of what I think is going to happen in the future and what I know is not working today, because the only people who don't think that I'm right are the people that have been gifted way more than me through generational wealth. There's not one kid making more money than me today in the real world that doesn't think I'm right. Right, and that's a unique situation. I haven't come across one kid that's kicking my ass in fiat. That's like, yeah, you're retarded, right, and to that point.

Speaker 2:

Now there's a bunch of broke motherfuckers in my network that are like, yeah, you're retarded, it's not right. It's like, okay, motherfucker, well, your shit still sucks, sucks. So how do we solve that? Today, I'm telling you you need a sound money system. It's proven, it worked on the gold standard. It shows if you had the ability to work for money, no matter how little or how great, and you knew that the value of money would buy you more in the future. The entire world changes in your benefit. If you don't understand that, you're a part of the problem and I don't fuck with you let me ask you a question.

Speaker 1:

But, jesse, that's, that's that's. And sean, that's. Part of the fucking problem is that there's these people and there's no shortage of them, and I think, and I give him shit all the time.

Speaker 2:

They know. It's all they know. It's all they've ever been taught.

Speaker 1:

It's I give you shit about ai, I fucking hate it, I love it I fucking hate it.

Speaker 2:

I love it, it is just running up and visit, I mean, but but true.

Speaker 1:

Did you see? It is our fucking dream.

Speaker 2:

Hold on On this tag Michael Saylor's 21 Ways to Wealth from 2025 Bitcoin Conference on this fucking podcast, and he literally incorporates AI into every decision he does today. It's a conglomerate of consensus of information that supersedes my dumb CTE brain from hitting people with my head my whole life. You know what I'm saying, like it is. That doesn't bother you, though, that I mean what I'm seeing.

Speaker 3:

I'm seeing my son easier.

Speaker 1:

I'm seeing my son do fucking homework for his high school using chat gtv. He doesn't look up anything. He has no idea what the fucking color purple is no, and he showed we started this thing with with chat gc. How old are you? I'm 37, man.

Speaker 3:

Do you remember the first dial-up internet?

Speaker 1:

I've seen Age of Ultron man. I don't fucking know. Oh my God, age of Ultron. I don't want to fuck with it.

Speaker 3:

No, but Garcia to his point.

Speaker 2:

Dude, he's an old-school soul and I love him for that very thing. We're the same age. He is an old school soul. I said Old school soul. But it's a good point to what he makes, because AI is the inevitable downfall of society.

Speaker 3:

No, I mean eventually. Yes, the fuck, eventually. That's very pessimistic, that is very pessimistic, no, but eventually, oh my.

Speaker 1:

God now he's pessimistic.

Speaker 3:

No but I'm saying eventually no, I said that was very pessimistic.

Speaker 2:

No, eventually it has to be.

Speaker 3:

I Because? Can you see the upside of it? The ability for AI to take control of everybody's life and everything that they can do, but you?

Speaker 2:

don't believe that the AI naturally generates its own consciousness and controls it.

Speaker 3:

Now you are free to live. Now you are free to live, to do whatever the fuck you want.

Speaker 2:

You are right, there is going to be.

Speaker 3:

You're going to go on vacation, you're going to go on trips. You're going to do whatever you want, because nobody has to work anymore.

Speaker 2:

Sean, your timeline's just fucked. You're right, you're 100 right. He. He's right, you're right, no, but no, he's right. You guys are both right, but your timelines are off right in the short term.

Speaker 1:

Ai is going to be fucking amazing in the next 10 years like we're going to be able to do things we've never been able to do.

Speaker 2:

We're going to be able to manage our businesses. There's going to be businesses that are worth trillions of dollars. With six employees, the guys are going to be richer than everybody. It's going to be the coolest shit we've ever seen.

Speaker 1:

We don't need lawyers. Don't need lawyers. I drafted a fucking contract with hey shout out Nectar, that's what I'm saying Drafted out a contract with them.

Speaker 2:

That's Michael Saylor's standpoint is look that up 21 ways to Bitcoin wealth, right, and he literally explains you that he doesn't do anything. He built both of his MSTY bond yield products. Well, you were talking about how do you generate yield, right? So MicroStrategy, or strategy, now came out MSTY.

Speaker 1:

What.

Speaker 3:

MSTY, msty, t-y. Okay, that's why so they?

Speaker 2:

just came out with a bond product that generates. I think it so. They just came out with a bond product that generates. I think it limits the downside of Bitcoin. Gives you about 10% upside, maybe 8% to 10% upside on Bitcoin.

Speaker 3:

Yep, there you go, bada boom. Dividend yield Yep History.

Speaker 2:

So they just came. He built this with AI and he says if your lawyers don't listen to AI, fine 135%.

Speaker 3:

That's what I'm saying $30.25 a share.

Speaker 1:

This is annual.

Speaker 3:

This is annual, yeah, okay. Why don't you send me this shit? Because I didn't even fucking know about it. Well, what the fuck do I pay you for? You don't pay me at all, motherfucker.

Speaker 1:

Nectar's about to pay your ass.

Speaker 3:

Yeah Well, look at this, okay at this, okay. So dividend. So they paid two dollars and 37 yo bro, I told you fuck, fuck. So again, if you're not in bitcoin.

Speaker 2:

You don't have the money to play if you're scared of what? But again, I, I don't want it. I don't want that to be the case. If you look at one bitcoin and you don't see a hundred million dollars because that's the visibility of it, a hundred million satoshis, then you're just not but, but here's the thing you're.

Speaker 3:

You're talking about a long-term investment strategy long-term savings as opposed to producing passive income yeah for the individual that say he was saying that coinbase is now.

Speaker 1:

I don't. I'm not disagreeing with jesse at all.

Speaker 3:

Yeah, like whatsoever, I'm taking that in but I'm also trying to uh be able. You're an income guy. You like to get your money working.

Speaker 2:

I'm with you. I'm with you. It's my money.

Speaker 1:

Call JG Wentworth motherfucker. On that note, we're going to fucking take a breather, Can?

Speaker 2:

someone load me up over here. These things are rolling.

Speaker 1:

Call JG Wentworth 877-CASH-NOW.

Speaker 3:

Yo, we got to cut that out, don't? We Gave me wet worth Y'all ain't paying us We'll take a quick little breather.

Speaker 1:

We'll be right back with Sports Suits with Mr Goldrich. Like comment, subscribe. Notify all the whole operation. Shout out to Nectar.

Speaker 2:

Come on now, boys, I'll see you in a minute and invest in Bitcoin.

Speaker 1:

Ladies and gentlemen, boys and girls, we are back. We are back After a quick little ABC run in the fucking.

Speaker 3:

G-Wagon Allegedly, allegedly.

Speaker 1:

We're back with Mr Goldrich and he's got to go play some basketball after this Allegedly Break some layups.

Speaker 3:

You're going to play basketball after this, have to.

Speaker 1:

Seriously, yeah, how he's an athlete man, brother play ball, that's it yeah play fucking ball.

Speaker 2:

I mean, I play ball too you know soccer, yeah uh listen, I respect, so for me it's like I can't do cardio in the fucking gym.

Speaker 1:

I need something competitive to do some cardio, you know and like I can't jog in the yeah, literally I'm on the treadmill.

Speaker 2:

It's like next. You know, I'm just wagging watching, I'm looking for the fastest, just wagon watching.

Speaker 3:

Can I ask you about who do you think is the one athlete Currently, right now, that is playing In any sport that is single handedly holding up their sport?

Speaker 1:

I don't even know what kind of Fucking question that is. Angel Reese, katelyn Clark, I was trying to get you to.

Speaker 3:

I don't even know what kind of fucking question that is? Angel Reese Kaelin Clark.

Speaker 2:

Angel Reese Kaelin Clark, you guys are going to get a smoke, kaelin.

Speaker 3:

Clark. Oh my God, I was trying to get you to say Kaelin Clark dog.

Speaker 1:

I mean that whole, angel Reese Kaelin Clark you couldn't pay me enough money to give a shit about any of that. All right, how about?

Speaker 2:

Scottie Sheff, the second. You start talking about women in sports, my dick gets soft. I don't know what it is, but I'll say it. Watching women play sports, I just end up wagon watching. I'm like who's got the fattest ass in this?

Speaker 1:

course. Yeah, that's a moronic question. I feel like we need to cut this entire segment.

Speaker 3:

You know what? Fuck you sir, a reset, all right, yeah.

Speaker 1:

Factor reset. All right, we're back.

Speaker 3:

Factory reset, the all-inevitable reset that's still going to be on the episode dog.

Speaker 2:

Thanks guys, we're back. The wagon-watching thing will get me in a fucking full-blown divorce.

Speaker 1:

We're back from ABC liquor and wagon-watching. Come on, johnny, good lordy.

Speaker 2:

It's unbelievable. It's unbelievable. No, I mean, listen, you know, obviously. Here's the thing. I mean, I think 90% of your viewers they're all sports guys, right? I mean, we're all sports guys at some point. If you're not a sports guy, you're a fucking pussy. I don't know what to say. But like, at the end of the day, some of us just aren't that good. Like I wasn't that good, you know. Like I could pridefully admit that was good Now.

Speaker 1:

But you have to like something else. You have to If you're not good at sports. You have to like, you have to figure something else out.

Speaker 2:

You can't just suck at everything and like wander through life and be like I got this thing sorted.

Speaker 1:

You know like?

Speaker 2:

no, you're a fucking pussy and that sucks and no one wants to be around that energy. So, yeah, I mean like listen when it came to sports. You know, and I know you, you loots boys here and I listen. I live on the same streets as the fucking loots chiefs.

Speaker 1:

He's a loots guy and I was a fucking, you know.

Speaker 2:

Pop Warner prodigy, even though my brother and you will both cringe at that fucking statement. You know Pop Warner to me was the fucking highlight, but it was like I wasn't in the fucking gym in high school. I didn't think being in the gym was that fun, you know.

Speaker 3:

It's not. Did you weigh more than what you weigh right now?

Speaker 2:

No, I weighed way less. I was 170 pounds as an inside linebacker. As an inside linebacker, just to give you a fucking.

Speaker 3:

How tall?

Speaker 2:

are you this tall? I've been this tall since I've been 13.

Speaker 1:

Six foot. No man, it's not fun, it's not glamorous, and I didn't dive in on this shit to the same point to where, like you're on the crypto side of things just like I, I'm pretty good at knowing what the fuck I'm talking about. So why, not. Why the fuck not dive in on this?

Speaker 2:

yeah, I mean, listen, I. I think the key to my success has always been I've always been looking for the best opportunity and like, regardless of what you want to say about me, like you know, my wife will say, like sometimes, sometimes I'm not the most productive, so I'm always looking for the easiest and best way to make money. If I'm just being honest to the viewers, Everybody is, though Everybody is.

Speaker 1:

You're not the only person, but I'll admit that proudly.

Speaker 3:

But I feel like that's not entirely true, because you're going long on Bitcoin, so I mean, that's not the easiest way to make money now. Well, it is when you understand it.

Speaker 2:

It is when you understand what the technology is. It becomes a fucking brainer.

Speaker 3:

But you got a 10-year play.

Speaker 2:

Yeah, for sure I'm able to do that because of my situation as cash flow and finances. It makes it way easier than the most right the person that you know, husband and wife.

Speaker 1:

W-2, that you know, husband and wife, w2 job, combined income 150 grand. So full disclaimer, let's, let's, let's get a full disclaimer here. Do not buy bitcoin with money that you are not prepared to lose, correct?

Speaker 3:

kind of like going to the casino it's not, but it's not.

Speaker 1:

It's having a short timeline but it's stock market in general. Yeah, you see shit on charles swab, uh, morgan stanley. You see there's little infomercials on cnbc all the time, like you know, uh, duty or fiduciary, whatever. Yeah, you know, don't give money that you feel like you can't win back, exactly like I said, the casino right.

Speaker 3:

Well, it's the whole, because do you ever go to casino with money that you can't afford to lose?

Speaker 2:

well, hold on. Can I stop you? I never do. I go to the casino with money I can afford to lose and I'm willing to lose.

Speaker 3:

Well, hold on, can I stop you? I never do. I go to the casino with money. I can afford to lose and I'm willing to lose it but I have a question.

Speaker 2:

Can I stop you guys both there for a second? The second you guys both started making money and I know you both have made some money in your time. How challenging is the thought of investing right? It's not as easy as people think it is right. Everyone's like oh, just put in the S&P and you make 10%. Okay, fine, inflation's 12%.

Speaker 3:

I'm losing 2%. I have a truthful answer I can give. I fucking hate it.

Speaker 2:

Hate it. It's stressful. I fucking hate it. You're so many variable factors.

Speaker 3:

You're Cuban? Well, so are you.

Speaker 1:

I know, but my dad was a financial planner for 40 years.

Speaker 3:

So you asked daddy to invest your money.

Speaker 2:

Correct, he went to daddy for guidance For real. Yeah, who doesn't go to Listen? It's.

Speaker 3:

That's what he fucking did. What does he take? What does he take?

Speaker 1:

Or he does it for free. I hope he didn't take a fucking thing, no no 1%. I'm saying like financial advisor takes.

Speaker 3:

Every financial advisor takes 1% does your father take from your portfolio? Do? You know where I'm sure I, I would, or well, I'm thinking because it's his dad maybe he's gonna be like I'm gonna do it for free for you listen, but you guys are missing the point, this whole thing.

Speaker 2:

It doesn't matter who the fuck's investing your money.

Speaker 1:

I could have a fucking pal investing my fucking money.

Speaker 2:

But the thing is, it's stressful it is stressful the thing is, when you have money, you have a real problem on your hands. Most people don't understand that. They think that when I have money- I'm rich.

Speaker 1:

It doesn't work that way. I have to play devil's advocate. If you're a normal person and we're all normal for the most part we're all fucking savages. But, you go to fucking McDonald's. Mcdonald's is what? $30 for whatever, what McDonald's? But you go to fucking mcdonald's.

Speaker 3:

Mcdonald's is what thirty dollars for a whatever. What mcdonald's are you going to?

Speaker 2:

hey, anyway, you had a fucking three, three happy meals you're 30 bucks, brother.

Speaker 1:

The point is. The point is is that instead of taking that thirty dollars to go to mcdonald's, why not put thirty dollars into the mcdonald's stock market?

Speaker 3:

turn into 87 g's, and then you know what I'm saying.

Speaker 1:

Like it's, it's's shit like that, that, and I see it all the time.

Speaker 2:

Well, I'll fucking tell you why.

Speaker 1:

Invest in Starbucks coffee's ticker.

Speaker 2:

Okay, I'll tell you why. Can I tell all the viewers why you don't put the shit in fucking McDonald's ticker? Because there's fucking 17,000 people that decide the outcome of your money, right, like McDonald's. When you invest in McDonald's, you're investing in a series of executives and providers and financial people that are running that whole fucking conglomerate. Bitcoin is decentralized. It's a technology. You're investing in a protocol. It's nobody's involved. I don't have fucking 10 guys that are trying to jerk my money off in St Bart's next year. I have nobody involved in my money. I have a technology that's going to go up over time, that, no matter what. If I know the increase of money supply going up, the value of my Bitcoin is going to go up and as long as I don't have a short time horizon, I'm going to be richer than this Outside of Bitcoin.

Speaker 1:

But, as you said, it's like why? So if I'm the Average investor. Average investor.

Speaker 2:

I forgot what they call them Average investors oh sorry, yes, yes, pussies Average investors. So if I'm a pussy investor? Which I've been many times yeah.

Speaker 1:

Why take $100,000 and put it in a Bitcoin, as opposed to putting $100,000 into the S&P? Well, $100,000 and put it in a Bitcoin, as opposed to putting $100,000 into the S&P, the NASDAQ.

Speaker 2:

When you say $100,000, that's not pussy investing.

Speaker 1:

I'm talking about pussy investing like $500. $1,000.

Speaker 2:

$1,000. Very simply because you don't have control of your money the same way you do when you invest in Bitcoin. There's so much counterparty risk when you invest in bitcoin. There's so much more. There's so much counterparty risk when you invest in the traditional stocks, in the traditional stock market even the s p the s p is an average of multiple companies there's so many players and actors that you don't know what they do. I gotta be honest, guys, everybody has this fugazi fugazi understanding of what these like top execs are. They're people just like us there are people that are just early.

Speaker 2:

There are people that are just connected. Family was super rich one loaded up they got their great uncle and nephew now running the show that were just handed a opportunity. Right, that is. You eliminate all of that counterparty risk by investing in bitcoin today. Right, I don't trust people anymore. You're talking about ai. I'm a big ai guy. I'm not going to talk about what I think the. I think long-term ai is bad.

Speaker 3:

I think short-term ai is very good long-term, ai is going to be good man. That's amazing. If it is, it's amazing for all of us.

Speaker 2:

It's amazing for all of us. If it's not, it's not. But at the end of the day, I'm talking about today's value of money. If we're talking about that financial the present value of money versus the future value of money the best bet in today's dollar is Bitcoin. Period point blank. It's mathematically proven to go up. It's number go up. Technology.

Speaker 3:

And I like that number goes up. Technology. That's why I have the S&P directly behind you, over your left shoulder. Love it. That shows over the past five years. If somebody invested five years ago, they're up 87.24%.

Speaker 1:

But people don't want, and I'll say this People don't want fucking five years from now, they want five minutes from now. You know what those people are.

Speaker 3:

Those people are instant gratitude, gratification.

Speaker 1:

And now let's look at Bitcoin.

Speaker 3:

Now let's look at Bitcoin 985% over the past five years. Bitcoin has solidified the fact that investing in Bitcoin makes more sense in dollars than investing in the S&P 500.

Speaker 2:

So let me point something out. Can you bring that chart back up? Because I just want to point some things out to you. That's why not everyone's cut out for it.

Speaker 1:

Yeah, the that chart back up, cause I just want to point, point some things out to you, that's that's why not the Bitcoin chart?

Speaker 2:

Yeah.

Speaker 3:

The Bitcoin chart. We're just real quick, cause this is what's up. Do you want me to go five years? One year, man. Five years, let's go five years.

Speaker 2:

So look right here, right Right here.

Speaker 3:

So what is this?

Speaker 1:

What's this March 2021. No, the dips, I just want, just want the dips right here, oh, 46 46.

Speaker 2:

Right here you have. What's this one at the top from this, from this top at 60 000, down to this top at this 34 34 right. And then what's this top here at 64? What's this bottom right here?

Speaker 3:

38. No, that's probably a little bit less.

Speaker 2:

What's the timeline? Just give me a timeline.

Speaker 3:

We're talking about like months, Months exactly.

Speaker 2:

That's why people aren't fucking cut out for this.

Speaker 3:

Because these different? Yeah, but we also said the shit is stressful, right?

Speaker 1:

It is, but at the end of the day, you're not doing day trading. I'm not day trading.

Speaker 2:

I'm not trying to beat Wall Street.

Speaker 3:

I know I'm not the guy, I couldn't get past algebra one. But even on wall street, is it what? Oh, it's all it's on wall street. Now are you talking about through etf, the?

Speaker 2:

big dogs are manipulating the fuck so let me, I'm gonna give you actually one golden nugget. I completely forgot about this and this is gonna rock your viewers fucking minds, okay so let's lock.

Speaker 2:

Here's the fucking bang tang I'm a fucking idiot because I don't understand the game notion, right. So there's a ether scan, right? Ether scan allows Wall Street, the big hedge funds, to understand retail entry versus a non retail entry, and literally all they do all day is swing the numbers to sweep the fucking idiots, right? So if you're looking at a short-term time horizon, brother, you're not beating Etherscan. They know when retail entered. They know when retail exits. They're not going to fucking run the market until they know 90% of retail retards are going to exit. It's completely manipulated, as is the stock market. Hate to break it to you. I knew the stock market was manipulated years ago, which is why I was always hesitant to play, because I was like I'm not that smart, I don't have those skills.

Speaker 1:

But I do have time.

Speaker 2:

I do have time. So if you have more time than you have money, Bitcoin is for you. If you have more money than you have time, you probably think Bitcoin's retarded or a scam, or you have 100 million dollars.

Speaker 2:

That's what I'm saying and it's so funny because after a few cocktails everyone has 100 million. Right, and I'm fucking sick of hearing that. But at the end of the day I do have a network of every I would say six of my seven best friends all have 100 million period and they're not lying, and they all call me retarded daily and I enjoy it because at the end of the day I know my time horizon is going to supersede them and when the tables are not getting involved in bitcoin no, they do actually so funny.

Speaker 2:

The kid who just called me and I goes what the fuck are you doing? I've answered. Called me 15 times. He's worse than my fucking wife. He literally. I showed him my bitcoin at the bar. I was like one day I was like listen, buddy, let me show you. And at the time when I first met him, you know, five, six years ago, it's a couple hundred thousand dollar portfolio. He's like wow, you got that. You're retarded and you got that yeah, I got that motherfucker.

Speaker 2:

So out of spite. I got that out of spite just because he's, you know, big dick. King kong wants to be richer than everyone bought exactly what I had at the time. I had it. Now he's flexing to the fucking oligarchs of his family like, look what I did. I'm like no, tell them, it was me because you just wanted to beat me bud. You know, at the end of the day, it doesn't matter. All I could say is, if you can't handle the swings, if you don't understand long-term investing, you're not built for this game. But if you do want the guaranteed number go up and you do want the peace of mind of knowing that your money will be worth more in the future, bitcoin is the simple answer to the equation. Because you're not smart enough to understand the existing investment infrastructure can I ask you a question?

Speaker 3:

you? Keep mentioning your best friends I don't I don't need you to to say their or anything, but are they all also generational wealth?

Speaker 2:

Yeah, generational, of course, a hundred percent.

Speaker 3:

So you don't know, you don't know any, any hundred millionaires that had nothing.

Speaker 2:

No, you know, I know a bunch of kids. I do know a bunch of kids. I don't know if they'd like me to say their name or not. I do know.

Speaker 3:

Let's not say it if you don't know.

Speaker 2:

I just know. I let's not say it if you don't know well, I just don't know, but I do know a bunch of especially tampa boys here in tampa like obviously you know, know a bunch of kids that have generated, you know a million dollars, a hundred million dollar funds, like in hard money, you know I, I do know good friend of mine. He's a great example.

Speaker 1:

Gangster kids, a gangster his whole family gangsters and those boys pizza shop yo and they and they ripped that.

Speaker 2:

That's a great example of that. Actually, you know, I played basketball with his little brother, james. I fucking, I say james. I'll tell you what of all the all the people, james, chandler, different last name, brother, the family, that kid I'd bet my fucking life on. He's a, he's a workhorse, he hustles, he doesn't play same. I'll drop this kid's name sam silverman kid. I met this kid in the gym when he was working for a fucking regular company making a couple hundred grand a year. Within that made a couple hundred million bucks in.

Speaker 2:

Uh, uh not made lending um lending, acquired a couple million, a hundred million into his fund through linkedin and now is a fucking baller. And that's a kid. I respect everything he says. He understands Bitcoin not crazily invested into it, but understands that it's definitely potential to be the future.

Speaker 1:

Because he just doesn't care about Bitcoin. No, it's just, it's his niche.

Speaker 2:

He's a smart guy.

Speaker 3:

He understands math, the riches are in the niches bro.

Speaker 2:

I don't have his same skill set. I don't have the Ryan McGinnis skill set of understanding being able to sit down with the fucking calculator and play these mathematical games we don't actually know the same people.

Speaker 3:

Oh, definitely, I mean we're in.

Speaker 2:

Tampa's a fucking small town.

Speaker 3:

You know there's a lot of 1.5 more, 1.54 million people in Tampa.

Speaker 2:

Exactly no. And then listen if I say those two names and I don't say one of my best friends. He'll fucking kill me for this. But I got Al Cancio. Al Cancio, 27-year-old kid out of fucking Miami, took over his fucking family shop. It's a multi. It's almost a billion-dollar operation.

Speaker 3:

Let me ask you a question, man. Do you realize that once you start having friends that are millionaires, millions come easily, right?

Speaker 2:

No, fuck that, they're the cheapest bastards.

Speaker 3:

No, no, no, but that's not what I'm saying, that is not what I'm saying.

Speaker 1:

Yeah, I know what you're saying.

Speaker 3:

What I'm saying is once you start surrounding yourself with individuals with high net worths, you realize that obtaining a higher net worth is possible and faster yeah no, and that that I want to change the five you hang around for I want to change the subjects almost fucking, completely, drastically.

Speaker 1:

All right, that is 100 the truth. I've lost many friends because they just don't have the same it's. It's like wolf of wall street, they just don't. Yeah, the same. It's like Wolf of Wall Street, they just don't.

Speaker 2:

Yeah.

Speaker 1:

It doesn't taste, it doesn't seem the same. Well, you, got to.

Speaker 2:

We talked about that. You got to have kids around you that are playing the game. Right, you keep saying kids, man, we're kids, I mean we're fucking kids.

Speaker 1:

I'm 36, man, you're 30.

Speaker 2:

We're still kids 70 circles around.

Speaker 3:

we're running around these 50 year old nowadays you know what the average uh lifespan of a male in the united states is?

Speaker 2:

30 is 70 years old oh, I thought you're about to say 37. I was like 70 years old on the lower end of that we're we're.

Speaker 1:

We're middle age. What are we talking about?

Speaker 3:

we're middle age, bro, we're dying now. Yeah, well, you're gonna have roach blood.

Speaker 2:

No, listen I don't listen, and this is the thing. This is the thing why I've always been hesitant to talk about Bitcoin, because I'm in some cool spaces with some cool guys and there's a bunch of kids that think again, I'm a fucking crackhead for the way I think about Bitcoin and I understand their thought because they've developed a really cool system within the fiat system that works for them and prints cash and I get it, and we make money too. My cash and I get it and we make money too. My wife runs the fiat. I would say my wife kicks all their asses in fiat, but at the end of the day, I'm playing the end game because I want the easiest and fastest way to wealth.

Speaker 2:

I want the quickest way that's going to put me in a position what everybody wants right well, of course, but I I have the timeline to be able to play that game I'm not looking for short-term gratification.

Speaker 2:

I'm not looking for money today. I'm looking for what? At the? At the end of 10 years, I want to come and say, hey, not, not, I don't have 100 million in the fund, but I have 100 million liquid personally. And I think when I get to that point I'll be able to have a very different conversation with these guys. And sure, I'll cover a few rounds, but I'll also hit them with a bunch of fuck yous. I told you so. So when I get there, which you already had.

Speaker 3:

A fuck you. I told you so. Five years from now million dollar bitcoin yeah, I mean.

Speaker 2:

Listen, we hit a million dollar bitcoin, which, when I say, if it's, five years. It's a matter of when 2030 if I, if I told you this, I'm not a time traveler, I'm not one of these fucking kids that are telling you I come from a different universe.

Speaker 3:

Are we sure? Are we sure? Maybe You're a multiversal?

Speaker 2:

traveler Maybe, who knows?

Speaker 3:

You got Thanos in your blood dog. What's going on?

Speaker 2:

Possibly, but I'll tell you right now it's inevitable. If you understand money, you understand Bitcoin's inevitability to a million.

Speaker 1:

If you understand bitcoin's inevitability to a million. If you don't understand money, I I don't want to beg and plead and borrow, you know like.

Speaker 3:

I just wonder how many people are going to like watch this episode and be like that was a waste of uh hour and nobody, nobody's gonna fucking say that. Well, I feel like a lot of people do.

Speaker 1:

Man, there's a lot of people that, just like you, know what did.

Speaker 3:

You were you here, bro. We were talking about everything.

Speaker 1:

Yes, yes, I know, but I'm saying like there's so many people to his point that are saying like $100,000.

Speaker 2:

They discredit, they discredit, I'm not.

Speaker 1:

That's too much. I'm not. We don't know what the fuck it is. I don't know how to touch it, so let me break it down.

Speaker 3:

You're saying the brokies, no, no.

Speaker 2:

It's not taking the surplus of your income and in and investing it into bitcoin. You are significantly fucking yourself if you make 250 000 a year and you take this, you're paying taxes.

Speaker 1:

And how much? 33, 33%. It's crazy. The inflation is another 8%.

Speaker 3:

No, I think it's 28%.

Speaker 1:

You literally have the power. You're going to do ass whipped.

Speaker 2:

Whipped, whipped. You literally have the power, with Bitcoin today, to change your financial future significantly.

Speaker 1:

You see, the NFL guys are getting paid in Bitcoin.

Speaker 2:

Yeah, look at Odell Beckham. Odell Beckham the guy's on his tail under the career and that's his last fucking salary.

Speaker 1:

And now he'll never have to work again.

Speaker 3:

There's there's no cool in the fuck. Is the national football league paying the player?

Speaker 2:

I don't know if they're doing the franchisor paying the player.

Speaker 1:

I don't know, I don't know. All I know is you just said is Steven.

Speaker 2:

Oh, I just read the fucking highlight they asked for their Bitcoin, they asked for their salary in Bitcoin. I don't know if the NFL converts it for them or if they have their agents convert it for them.

Speaker 1:

Regardless, it's a smart thing to do If I had to guess the agents convert it for them. The NFL is this fucking old school anti. The agents are coin clipping a little bit A little Bitcoin for the agents.

Speaker 3:

Yeah, like them Fintedis out there. A lot of Fintedis, yeah Shout out to you, you fucking Canadian If I could leave the group with one thought.

Speaker 2:

I just want everyone to know this from the bottom of my heart. If you're slightly disadvantaged financially or you have the slightest bit of disadvantage when it comes to earning income, your only hope is Bitcoin If you don't. But why do you Let me lightest bit of disadvantage when it comes to earning income. Your only hope is bitcoin. If you don't, why?

Speaker 1:

why do you let me ask this why do you give a shit what these people listen to, right? I don't, it doesn't I don't, so I that's, I'm gonna say that because we're not selling yeah you're not selling a product we're not selling.

Speaker 2:

Well, we're we're selling nectar we're, we're, you know, we're selling nectar. Well, it, just, it, just, it was just like it was my, it was my come to jesus moment, so to speak, of like holy shit. I've been playing the game wrong, right, like, like you realize, like I, I looked at how all my mentors and all my you know advisors and people I trusted in business that were older than me just had such an old school approach of how to invest and how to conduct business, how to do things, and I realized, like it just doesn't hit nowadays. It's not the same, it's not. The game is different. It's rigged against us. No, even my, I, I I say this to, like you know, the people I I admire the most that have made great money. I've, I've fucking outperformed them, I've kicked their ass 10 times over in just value, by owning bitcoin, a scarce, desirable asset that will be the future of sound money why don't you own businesses, man?

Speaker 2:

because I don't want to work, I want to travel I want to live. You can own a business without working. It's a management. What don't I, don't I I think I've been a man, listen I. So we talked about the beginning. I started a company called get out of debtcom with one of my mentors. I I've I've had call centers in multiple countries. I've had multiple employees. I've done super cool things. All those things have just stolen my time. They give me exchange of fiat.

Speaker 3:

It's amazing why don't you hire someone to manage it?

Speaker 2:

you gotta manage to manage that motherfucker.

Speaker 3:

No, you don't what.

Speaker 1:

He's been saying that since.

Speaker 2:

Listen I say human nature's flawed, human nature's flawed when I bring people.

Speaker 1:

Elaborate on that. Now you got to get an AI.

Speaker 2:

So, when you have money, the way I have money, and I hope this if I was going to fucking kill me for saying it Are you okay to say this?

Speaker 1:

Yes, he's okay.

Speaker 2:

People come into your network trying to exploit you. It's not. How do I make money for you? They don't want to make you any more money. They're fucking sick of it. They want to take money from you.

Speaker 1:

They want to take money from me, which is, by the way, I need you to sponsor this episode. Let's go.

Speaker 2:

I got you, so I've given more opportunities to my friends and my network than I I think anybody else has, because I have the biggest heart ever and and I've gotten burned every single fucking time. You typically do it just it, just. It's the way I roll, like I, because I came from such a dark place. I remember when I was begging for an opportunity as a kid I thought that if anybody gave me the opportunity, I was gonna fucking grind for them. Never I was gonna fuck the person that gave it.

Speaker 1:

So I thought I came up with this genius business model that, if I provide these opportunities for my friends that never they would do the same.

Speaker 2:

It's not true. They fuck you. They all fuck you. They just want to take from you as much as they can and do as little output as they possibly can. And that's how you know the difference between A performers and C performers.

Speaker 1:

So just have all all, and that's why I say one term all the people out here.

Speaker 2:

They're just in it for them. If you just want you, you just want to make money for you. If you want to make money for your family, you want to Set yourself up for ten years. The very simple answer to your all of your problems is buy Bitcoin, keep it in cold storage, set it and fucking forget it. And in ten years from time, pay your homage, pay your dues, do your work and you will be fucking significantly it. And in 10 years from time, pay your homage, pay your dues, do your work and you will be fucking significant and invest in bitcoin backed etfs as well that pay monthly dividends if you want income, I mean, that's a way to do it for you fucking savvy investors that bitcoin doesn't produce any money.

Speaker 3:

It doesn't but it just grows it by thousand percent until you sell it.

Speaker 2:

yeah, do you sell it? Well, I mean, it's either that or just grows at 5,000% Until you sell it. Yeah, until you sell it.

Speaker 1:

Well, I mean listen, it's either that or just start robbing motherfuckers.

Speaker 2:

It's like what else are you going to do? I'm just like, I'm done with violence. I'm not in the shape of violence anymore.

Speaker 1:

I want to get started getting violent again.

Speaker 2:

Yeah, he's like robbing motherfuckers.

Speaker 1:

It's like I get. I mean fuck it, dude. I mean listen, we ain't in fucking Nottingham, you know, we ain't my problem is that we might have to get that my luck is if I rob somebody for a million bucks and they fall back and I knock them out.

Speaker 2:

They would then sue me for all my shit. So it's like it's a lose-lose for me. Even if I win the fight, I lose.

Speaker 1:

And big dick macho, do you know why? But you gotta put the Biden mask on. Put the Biden fucking silicone mask on.

Speaker 3:

Well, this is what it is man, because the majority of the people that you're going to assault are broke-ass motherfuckers. Yeah, and they will find out who you are, and they will sue.

Speaker 2:

Well, that's the problem with driving the cars I drive around, because I drive super aggressive and people test me more than ever in these cars.

Speaker 1:

As long as you don't end up like one of our previous guests, I'll be alright.

Speaker 3:

So I'm going to need you to sign a podcast guest release form.

Speaker 2:

Let's go.

Speaker 3:

Or should I Nah, man, you're good.

Speaker 2:

I'm good.

Speaker 3:

That's shocking.

Speaker 2:

I'm about to go put up 20 points at the JCC in about 15 minutes from now.

Speaker 3:

You know what it is. And Jeanette was telling me this she's like yo make him sign the podcast guest release form and I was like I will, Just for your peace of mind.

Speaker 2:

I absolutely will.

Speaker 3:

I told her I was like Jesse. Nah, no, he's good, I appreciate that.

Speaker 1:

He's good Sports and suits man.

Speaker 3:

People, these sports and suits man, people just get fucking smoked. Hey, you know why? Because you got long hair, don't care over here part of the deal.

Speaker 2:

Yeah, you know he. You know him, john daly, you gotta watch him and my brother. I tell you what these guys are wild boys man I'll tell you they, they, I don't give a shit about shit. They give me anxiety sometimes once, once they start drinking I start to call the lawyers like, hey, we covered hey, let me tell you something.

Speaker 3:

You got nothing to worry about. Let me tell you why because I saw him skeet shooting. This guy couldn't hit clay Until he goes all right, so does the Bullets track, and then he hit like seven in a row. But he did his seven in a row, but he did hit seven in a row.

Speaker 2:

He did hit seven in a row. That guy's a fucking savage?

Speaker 3:

I wouldn't call him a savage. I'd call him a Cuban without a flotilla. That's what I'd call him.

Speaker 1:

He's the most unique. He's the most dangerous motherfuckers. Yeah, they are Native.

Speaker 2:

American right In German. We didn't talk about that enough. I want to leave you with that.

Speaker 1:

The Native American flute To everybody watching. I just want to leave you with it. Are we going to film another one? Come?

Speaker 3:

back, yeah.

Speaker 1:

You want to come back to that?

Speaker 3:

Ten minutes. You said four.

Speaker 2:

No, I got to go. I got to go with four. Can we rip it real quick or no?

Speaker 3:

Yeah, Alright and we'll be right back.

Speaker 1:

Welcome back to another episode of sports and cock and welcome back to.

Speaker 2:

We have no idea what's going on here.

Speaker 3:

It is uh 8 PM. We have been drinking since five and this breakfast this is prerecorded, which means that we are five o'clock somewhere.

Speaker 2:

I love it.

Speaker 1:

Hey, seriously, man, cheers, Cheers, love it. Dude, this is needed.

Speaker 2:

Necess.

Speaker 3:

Hey, seriously, man, cheers, cheers, love it, dude, this is needed necessary, absolutely necessary operational procedure bro, you know what I like him. And mac maclo max, which episode one already came out I'm telling you.

Speaker 1:

That's why I want to get these guys on there to where they're explaining the business models. They're explaining shit that these people need to fucking realize. You have no idea how many motherfuckers are out there that literally don't give a shit about anything or have no guidance.

Speaker 2:

They sit there, they're reading their biology books.

Speaker 1:

They're going to fucking sleep and they wake up in the morning. They're going to PE. No, the system's flawed.

Speaker 2:

As you said, money is so further advanced than it needs to be, and that's the problem with the fucking system. Everyone thinks you have to be a fucking quant, a Chinese fucking absolute math.

Speaker 3:

Are you talking about the big short? This is my quant, this is my quantitative. His name is Chang, it's true. And then it goes off the camera. I speak English.

Speaker 2:

I felt that same way. When I started making money, I'm like, fuck, I need a quant, I need somebody who's going to know the shit. It's like, no, you just need a technology that's not going to fuck you in the future. Johnny, like AI, well, it's going to fuck you in the AI.

Speaker 1:

Have you ever seen Terminator? It's going to fuck you in the AI, it could fuck us. It is, it could fuck us started on AI, dog, y'all motherfuckers.

Speaker 2:

I could talk about fucking aliens, but that's a whole nother one. The fucking islands.

Speaker 3:

The fucking islands, the fucking islands. I don't know how you guys have all these football players on these small ass chairs.

Speaker 2:

I can't seem to get fucking comfortable here. I feel like I'm in a purgatory on this fucking couch.

Speaker 3:

Are you telling me that couch is huge?

Speaker 2:

This thing.

Speaker 3:

Hey, listen, you got lightning shooting down your arms.

Speaker 2:

Me no Bang.

Speaker 1:

Raiden All bullshit aside, man, I think this was a hell of an episode. Love it. I know you gotta go shoot some hoops, yeah.

Speaker 2:

I gotta go fucking put 20 points up on the Jewish. Community Center 20 points brother.

Speaker 1:

You're going to fall out.

Speaker 2:

Yo, you know me, I'm retired. Well, that's at the real league, at the league where they actually call plays. I don't even want to say the name, because I hate everybody.

Speaker 3:

Why don't you just say the name Besides the?

Speaker 2:

owner. The owner. I love the owner. I love Scott. He's a nice kid, kid, humble kid. But all the kids that are in this fucking league they're like 22 they think they could have been somewhere. They call it the could have been league. I call it. It should have been called the never been league because the kids were never going to be anything. But they all think they could have been ballers. It's like, brother, if I played basketball my whole life and I played like you, I'd fucking shoot myself in the face so you're basically you're talking about flag football.

Speaker 3:

No, it's like.

Speaker 2:

It's like the flag, it's like the kids that think flag football is the same as nfl. It's like you're retarded. It's not. If I put on pads, you'd be breathing out of a fucking straw, georgie here's what I know.

Speaker 1:

All bullshit aside, what would you be doing if you weren't doing what you're doing?

Speaker 3:

bitcoin right now period no, no, no. If you weren't, if you weren't doing, if you were not doing my whole life.

Speaker 1:

What would I be doing?

Speaker 2:

So it's important to viewers. I don't want people to think I'm some like pompous fucking asshole that came into money because they already figured that one out within the first five minutes.

Speaker 2:

You look at the start, it wasn't the same. I'm buying Bitcoin right now. I love it. No, but listen, at the end of the day, the answer to that question is like I was a salesman, I was working like anybody else $40,000 a year jobs grinding it out. My whole, my whole professionalism was built around outselling the person next to me. I just thought I was the best telephone terrorist in the world.

Speaker 1:

I thought I was the best telephone.

Speaker 3:

You were doing cold calling.

Speaker 2:

Cold calls from the very beginning.

Speaker 3:

It was my first real job With a script or without a script With a script.

Speaker 2:

We were selling small business startups. That's a whole other thing I was actually scanning. So we're starting Amazon affiliate sites. You want to talk about a hard racket? And I was telling people that potentially upon their corporate line of credit. We could transfer their business debt off their personal credit cards and into the company's name.

Speaker 3:

Yo, how many did you sell A lot In one month.

Speaker 2:

I mean, I did 780,000 in one month. How much of that did you get? A lot, no, Like 22%, 22% when you're talking about that. So 14K A lot 140K. At 20 years old. It's a lot of money.

Speaker 3:

Damn. So you got $150,000 for selling Damn.

Speaker 2:

But it was a scam and you feel bad and you realize that the company doesn't.

Speaker 1:

Can you give us the script? Do you feel bad?

Speaker 2:

about a scam though. Yeah, yeah, 100%.

Speaker 1:

It's not a scam.

Speaker 2:

As a kid, you don't know. It's a scam. It's not a scam. Shut up.

Speaker 1:

Let's be honest, do we? I feel bad about it anymore.

Speaker 3:

They have to sign documents, man.

Speaker 1:

First of all, I just don't know if there's if I feel bad about it, I see these fucking houses on Davis Island.

Speaker 3:

What are?

Speaker 1:

you talking?

Speaker 3:

about? What are you talking about? Are scamming people.

Speaker 1:

What do you mean? What do you mean? They're scamming Only person.

Speaker 2:

Can I summarize? Can I summarize what the fuck he's trying to say? The point is that no one wants to scam. No one wants. But in a dog-eat-dog world you'll do what you've got to do. You have to do what you've got to do. Bitcoin eliminates that I agree, you don't have to do that dirty shit if you invest in Bitcoin, of course, because it's my promise, lane.

Speaker 2:

It's the vehicle that has me to realize. I'm gonna kick the shit out of my wife. I'm gonna kick the shit out of all my best friends, oh and I'm gonna talk about financially, financially, yeah, yeah, yeah.

Speaker 1:

No, I was like god.

Speaker 2:

No, my wife will give me the ones and twos brother. She's got hands. No, no, I don't play that game. I'm not fucking. Uh, I'm not.

Speaker 3:

What's she's cuban I bet she don't play that no, she don't play that, you don't you.

Speaker 2:

You go to the house you say yes, ma'am, no ma'am, you have the fucking slightest smirk on your face. You get the backhand. So no, but I'm saying like, at the end of the day we're in the financial game, no one even cares about being tough anymore. I thought when I moved that blue-coll, the world, every bitch is going to love me and everyone's going to love me. I realize that's dumb, because that's not true.

Speaker 2:

Now, with UFC came out, I mean I'm 35, so this was before UFC. Now UFC came out, it's like you could even see the UFC people. Even no matter how praised you are, you become dog shit in a year. It means nothing to be tough, not Jon Jones. It means Jon Jones. But look at Conor McGregor. Now, all of a sudden, conor McGregor's fucking getting washed by everybody. It's not as fun. The point I'm trying to say is when you put your fucking heart and soul on the line physically, it's not as fun as it is financially. If you sell out financially for something that puts your family in a position to be back to our initial meme fuck you Money, fuck you money, fuck you money. That's what it is, boys. I mean that's the game. Like we could do all day. I mean I'm a fighter through and through. I mean if someone spits on me, I'm fighting all day long.

Speaker 1:

But, it's not cool.

Speaker 2:

It's not cool. I'm not prideful that my wife says I have a degenerate issue. Right Like I'm retarded I. Right like I'm retarded, I don't think things through.

Speaker 3:

I don't because I'm like I'm I'm wired that way. I feel like you have to be a little bit unhinged in order to make the kind of money that you do make. You have to be not my wife, though.

Speaker 2:

She comes from a perfect family, perfect girl, perfect everything everybody because y'all met in the sophomore year ut.

Speaker 3:

I mean she didn't know what the fuck she was.

Speaker 2:

Yeah, if I take fucking the slightest bit of credit for my wife's production on here, I'll she would burn the house down so I can't, I can't, I can't do that.

Speaker 3:

That's a cuban bitch.

Speaker 2:

Yeah, that's a cuban bitch if you even say my success is your success around cuban bitches. They will shoot you, so I'm not saying that hey, wait until you meet a russian. Yeah what's hers is hers, and, and, and I commend her to the day I die. She put us in a situation that was fuck you to everybody and that's super cool. My whole scarcity mindset came from protecting it and I've done every game in the book real estate, hard money lending, fucking real estate, crypto investing, crypto killed it all, and not crypto, bitcoin, because I have you know that's crypto, isn't it?

Speaker 3:

Yeah?

Speaker 2:

I mean, I have more ETH and more Solana than most people have real estate and even still, the one thing I'm the most sure about is Bitcoin.

Speaker 1:

So how the fuck and talk to me like I'm a five-year-old. How do people create generational wealth? How do they create just shit Literally generational wealth. How do they create just shit literally general relational wealth? Yeah, like if you're gonna have bitcoin how?

Speaker 2:

how do you hold it? What do you hold it in dollar cost average into bitcoin?

Speaker 1:

take your starbucks money say it like a five-year-old man nobody knows what the fuck dollar cost. Take your your Starbucks money.

Speaker 2:

Take the money that you would spend on bullshit every single week. Figure out what your expenditures are, what your hard spend is, and take the surplus of that income a percentage that you want to save away for 10 years and put that into fucking Bitcoin. If you do that, in today's age, even at a hundred thousand dollar bitcoin, you will transform your life. You just need time. If you're impatient, you're gonna get fucked. If you don't, if you're, if you have patience, you're gonna get rich. It's that simple. What platform should they use? I mean, I don't give a a I use robin hood robin trade, use robin, use coinbase.

Speaker 2:

I don't give a just. At the end of the day, I do have a little bit of trust issues because of what happened to me with celsius I was about that.

Speaker 3:

That's why I'm asking yeah, yeah exchanges are a little rough.

Speaker 2:

You could buy it on any exchange, just transferred into cold storage.

Speaker 3:

You, I use ledger, uh, ledger you said cold storage, cold Cold storage, ledger. Can you define that? Because for the people like us, cold storage is where you're able to store your money offline.

Speaker 2:

You're able to keep your.

Speaker 3:

You're talking about a key. Yeah, you own your own keys.

Speaker 2:

Well, so it keeps it on the blockchain, it keeps it on the Ledger, it keeps it in a place that's accessible throughout the divisibility of time. It accessible throughout the divisibility of time. It will never go anywhere, period point blank, but you're able to utilize the Ledger platform to be able to access it at any time. And Ledger has this thing called Ledger Live where you're able to always access your assets. Period Right, so I could see you know every time I log in.

Speaker 3:

Hey, I made 200 grand today and you know Ledger Live crypto wallet app hey, I made 200 grand today. And you know ledger live crypto wallet app hey, I made 200 grand today.

Speaker 1:

That's a great, don't mind me.

Speaker 2:

I made 20 dollars today, you know, like whatever the fuck it is to you that matters I love that you said that I don't know.

Speaker 3:

He looked at me, he was like uh, I shouldn't, would you suggest this?

Speaker 1:

uh, that was fucking awesome though but it's no, it's great, I mean listen. So my fucking reality.

Speaker 2:

Man. I'll put you this way and my wife's gonna help me my wife's kicked my ass for the last seven years.

Speaker 3:

She's literally outperformed me by probably you say it like it's a bad thing. I I think that's all right, it is it's super cool I wish my wife because we're a team now, for sure.

Speaker 2:

but at the end of the day, I let her know that now her year, I sometimes make in a month with the way things are going and it's super fun.

Speaker 1:

You know what it is.

Speaker 2:

It's like it's the reverse engineering of it.

Speaker 2:

It's like when I was doing $200,000 a year and she was, like you know, making $500,000 a month. Yeah, I mean, listen point blank. If you have more money than time, Bitcoin is not for you. Obviously, you've watched it. You ridiculed us the entire time.

Speaker 2:

But if you have more time than money and you're sitting here, how do I beat the system? How do I change my family's financial outcome? Then, very simply, Bitcoin is your answer. You just have to trust the process and understand the technology. If you don't do the work to study the technology and understand what it is and what it will bring to you long term, then you're simply not playing the game at all, because you have no understanding of what the fiat system is doing to you. Long story short everybody who's struggling. If you're insecure about where you'll be at financially for the next 10 years, if you don't understand how to save long-term or how to invest or how to put your family in a prosperous financial situation, I promise you Bitcoin is your single and only answer. Obviously, time will tell, but I do think we'll fast forward this. In 10 years from now, Everybody who's-.

Speaker 3:

Five years from now.

Speaker 2:

Yeah, well listen, I will say 10 years from now is gonna be a million and five a million. Yeah, 20, 20, 30, it's going to be a million bucks, but for me, uh, 9x doesn't do shit for me. You know what I'm saying. For me, I'm going for the juggler. I want to be the richest, I want to be the strongest, I want to be the you want that yacht money I want that biggest shot money. I want the I'm the big you want that bezos.

Speaker 3:

I want that biggest yacht money. I want the. I'm the big dog on the bus.

Speaker 2:

I'm gonna hit a bridge with the sail literally and not give a shit about the consequence exactly that's what I want, right and I will tell you bitcoin is the tool to get me there. It's just because I've studied it. I understand it most of you guys don't and I understand it sounds like magic internet money. It's not it's. It's a financial protocol that that's built for people like you and I if anybody wants to invest with you, would you not?

Speaker 2:

me I don't take your money, no, no, no, I don't play that game. I don't bring on outside capital, it's all right.

Speaker 3:

So then they need to hit up rpm lending ryan mcginnis in order to be able to have is he?

Speaker 1:

he a sponsor of ours? Yeah, no, listen, they could actually Could be.

Speaker 2:

He will be Ryan McNignus. No, listen, Ryan, and I'll tell you what.

Speaker 3:

Ryan and James. You know Ryan McGinnis. He's got a motherfucking Formula 1 car at the Motor Enclave. That's so sick. No, that's not the point. The point is that he's handling a shit ton of funds. Yeah, in terms of lending no, they're.

Speaker 2:

You know, they're great kids, they're fucking super sound.

Speaker 3:

I think he's older than you, man by like maybe I don't know I, I'd calculate them all him and his brother are gangsters and, and, and what's even weirder is his.

Speaker 2:

I would say it's not even competition, because they all run the market, but his counterparts in. Dkc, david Clemens and Caleb Delgado also gangsters, like everybody in that space.

Speaker 1:

there's not one guy in that space that you look at like they're a fucking idiot. No, no, no.

Speaker 3:

The hard money space. These kids are special.

Speaker 2:

They do. They did devise a plan. That's pretty cool.

Speaker 3:

Steven, why are you so upset about what he's saying? No, I'm not upset, just somewhere on the same page. All I know is the Alessi fucking bakery.

Speaker 2:

That's a scam they have fucking gangsters.

Speaker 3:

I went to fucking school, so he's not talking about gangsters.

Speaker 1:

No talking about like gangsters. I know exactly what he's talking about. I'm saying there's gangsters in every single fucking department of this life we live real, recognized, real.

Speaker 3:

You're the.

Speaker 2:

Fabre, fucking frameworks mafia. Similar to me and you, I think, true, no frameworks, let's go. No, but he is right in the same sense. He is right in the same sense. So let me leave you guys with this note right, because me and him, the football guys, the athletic guys, the guys that will fight in a fucking parking lot for a dollar, that don't give a fuck, that are built off of pride we don't really always love the financial little fruitcake guys, right, not saying that those guys are those guys, because they're not. They're gangsters too. But I'm just saying like we don't love the so-called investment guys.

Speaker 2:

At the end of the day, if you're like us and you're looking for a way to put your money to work, that's a sure bet for the future. That is fucking bitcoin. And if you have surplus income and you want 10 a year, that's hard money. Do that play. But if you want guaranteed income and you want 10% a year, that's hard money. Do that play. But if you want guaranteed income and you want to be guaranteed, fuck you rich in 20 years from now. That's Bitcoin.

Speaker 1:

If you want guaranteed cognizant and fucking eutrophics, you get your ass over the fucking nectar.

Speaker 2:

Nectar buddy, nectar buddy.