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Welcome to Living in the Matrix. I'm Jonathan and I'm left of center.

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And I'm Rich and I tend to lean a little bit more to the right. But the bottom line is,

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is together we try to look for the balance of what it means to be human in today's world.

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All right. This is going to be a good one. Welcome everybody, Living in the Matrix. I'm Jonathan.

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This is my co-host Rich. Say hello, Rich. Hey everybody. So great to be back. Hope

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everybody's having a great Friday and my goodness, are we excited to have Whitney back?

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We've had a lot to talk about. Yeah. It's going to be a fantastic show,

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episode. So we have Whitney back. Last year we talked a lot about the Akasha records,

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but that's sort of Whitney's passion project, but she's dove heavily into crypto. And so we're

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going to dive in as well, because I've been in crypto for about five years, Rich, you've been

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dabbling for a little while and kind of gotten into it. But Whitney has taken the deep dive and

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I want to bring her on to really help us understand what it is to kind of understand how it's changing

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the entire landscape, why it's valuable. So welcome to the show again, Whitney. It's wonderful to have

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you. Thank you guys so much for having me. I'm so delighted to be here. Awesome. Awesome. So

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let's start with you because last year you came on and you talked about the Akasha records. And I

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think we talked a little bit about it crypto, but I want to take sort of a deep dive. So

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where did you get started in crypto? Why don't we start there? Great. So just for, I find sometimes

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when we're talking about crypto, there's so much like code and there's so many questions to things.

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I just want to drop people into like the humanness of me. So first off, hey, I'm Whitney. I'm 30

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years old. I currently right now live in Austin, Texas, born and raised originally in Massachusetts.

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And I've lived all around the world since. Back, my crypto journey began actually when I was working

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in the corporate world before I'd even heard all about crypto. But I like to say it's like the fuel

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to like the curiosity in the beginning of like wanting to do something different always begins

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with like that last, that previous life type of thing. So for me, January, 2020, I was living

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and working in Washington, DC as a construction engineer. I had the salary, the career, the friends,

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the family, like all the passions, the hobbies in between. And I was also in my spiritual awakening

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process as well. And at that time I was like looking around, I was really deeply curious where

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I was like, this engineering life, this stable, all these things, this is for someone else, but

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is it for me? And so I kept it was back in the engineering field, I would walk around the office

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and I would look into people's office, look into people's souls, really going around asking people

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questions, like executives to be like, are any of these people, people who I would like to be in the

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future? And time and time again, I kept saying, no, no, no, no, no. And all of this actually, for me,

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it went back to as I was going around doing that discovery, I really wanted to know like, okay,

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the money situation is fine in my world, the salary is fine. Like if I just keep on rinsing,

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repeating like what else? So I wanted to know really-

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Are you bored?

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Oh, yeah.

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Was it dissatisfaction? Because I think dissatisfaction is when something's

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grating against you. Boredom is when it's not interesting. Like you can do it.

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It wasn't bored. It was dissatisfaction. I deeply, deeply unfulfilled. I was like in the office.

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And I would like be driving into the office every single morning saying like my affirmation or like

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my future life of what I wanted. I was like, I want to be living in the island. I want to be

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teaching women something of some sort. I want to be speaking. I want to be connecting with people.

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Like I want impact. And I was like, this is not the life for me.

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You had manifested this almost dissatisfaction because you wanted something and it wasn't that.

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Is that fair to say?

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Yes. And also like, I mean, the dissatisfaction was there because I was living honestly a life that

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society wanted me to live. Like my dad was an engineer. My mom stayed at home. Like

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it was very much like granted my mindset very much works in a way of an engineer, but

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that lifestyle was not for me by any means. So anyways, when I was, I really wanted to know

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like what does a dollar mean to me at that time? Cause I wanted to know like, well, if I can

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understand what a dollar means to me, then I can also understand like where I want to put my energy,

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where I'd feel most fulfilled and also like really what I want to create in this life.

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And so that was a really, really subtle curiosity. But at that time, like I was teaching yoga,

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meditation, manifestation, all while doing the corporate stuff. And I gave my notice and I left.

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Is this going to go to Bali?

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Yes. Yes, it's a yes. That's it. Okay. I remember that now.

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So I gave my notice January, 2020 and I hopped on a plane over to Bali and was planning on

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being there for four weeks as my like corporate detox. I get over into Bali and I was like amazed

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where I was like, wait, there are all these different types of people. There was a huge

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expat community and I was like, there's all these people doing different things in this world and

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it's not the traditional corporate world, but there's like creatives and there's artists and

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there's entrepreneurs and there's investors and all these people figuring out life and on their

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own terms. And it was my first meal alone. I like walk into this vegan cafe and I like sit,

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look down at this table and this guy's eating this beautiful food and I was like, what is this?

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Like, tell me so I can order it. And then he's like, would you like to sit down? And so I was

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like, yes, a friend on the first meal. Amazing. And sure enough, this guy sits, I sit down and

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he started, we start swapping stories and he started talking to me about the financial world.

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He's talked to me about the current system, how broken it is, the future of finance, where things

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are shifting to the global things that are at play, how he's made money, like investing in finance

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and having money work for him. And I was like, you are hitting me with all different forms of

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curiosity. I need to know more. And so this man became, he kept talking to me about this stuff,

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my curiosity, I kept on leaning in and wanting to know more. And he became my crypto mentor who then

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also helped me pull my retirement fund out of Vanguard and put it into crypto and a few other

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different assets so that I could personally manage my own money for my own self and really

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understand like, what does a dollar mean to me? So 2020 for me was a time like this is also when

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the world went upside down. So I'm in Bali and during this time, I'm like, ended up making over

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to New Zealand, bought a friend with my bought a van with with my mentor at the time. So we all so

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it was like, it was very much like, I went to like a deep, deep, deep spadical mode of like really

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trying to understand this whole crypto world because I was like, I know it's part of the

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future. I get it. Was the crypto journey started by that man?

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Yes. Yeah. So he kind of catapulted you into this idea. Yes. Got it. Yes. I think the starting point

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was that you were like, what am I going to do with my money? What is my dollar worth? I mean, that

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was a fascinating question. That's a that's a big Genesis. It's a big switch. It's a big pivot.

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And it's in that question is more of a relationship. It's not. It's yes, this money

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game fits in, but it's it's a relationship to self. And I rental would be like, I'm going to

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it's a relationship to self. And I rent a lot of this crypto stuff. It's actually a reflection

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of self, like reflection of your emotions in the market, reflection of of where things are going,

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what you trust, what you fear. It brings up all different things for so many reasons.

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But anyways, it's super high level. That's more of a that's okay. That's what a lot of people are

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really trying to understand is there's the everyday lives. And we need that's what I love about you is

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you're not just asking the service questions, which is, oh, do I have a dollar today? You're asking

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the question is, what is my life in relationship to this dollar? Because I've I've had money most of

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my life. I came from a very well off family. And I have done very well in my career. But every person

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has to sort of go through that relationship. Because when you don't have money, life gets weird,

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you know? And so answer that question, I think is one of the more important high level questions.

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That's why I caught my attention. Well, and on top of that, Jonathan, I think we're seeing this,

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right? We not only are we seeing awakening, we talk about Aquarius, we talk about the divine feminine.

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But one one one thing is absolutely you don't have to have any kind of sensitivity anything

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this to see that the middle class is being annihilated, right? Every day, with big firms

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buying up single family homes, with the dollar being squeezed with even commission, I guess,

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I just saw this news that commission six percent commissions being eradicated for realtors. So I

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think Whitney, you are at this perfect prescient time of of knowledge of sensitivity and not only

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kind of a spiritual kinds of awakening that we talked about prior to the beginning of the

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podcast. But there's actually you can't even it's not even a crapshoot to see that there's a lot of

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pain and a lot of people suffering right now. I don't know how many times you guys might have

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seen this, but I'm seeing, you know, young poor gals in who have graduated college have their degree,

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you know, supposed to be doing their dream job, their dream life, because they've been told the

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degree will get you there and they can't hardly make rent. And these people are working their

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asses off with a freaking college degree and a full time job. Right. Anyway, I think your timing

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is perfect. Yeah. Yeah. And speaking of timing, so I do want to even share my story around like

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reward returns so people can start to understand some of the number side of things to regardless

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of what background you have financially, because like the crypto asset class is there's a reason

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that it brings a lot of fear because it brings a lot of euphoria and it brings a lot of like

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too good to be true sensations coming up as well. So personally for myself, when I got into the

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market, so when I when I took control of my money in March of 2020, I was playing with a few different

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asset classes, basically trying to grow my bet my my money so that I could then have more crypto.

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However, timing of the whole global world and how the markets played out with all the change,

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my mentor and myself got it wrong. And so I ended up watching my 38k, which is what my starting

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amount was go down to 25. How did that feel? Oh, that's a challenge to the quest. Like,

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I thought I would. That was I was living in New Zealand. I was also living with my mentor

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and my family was the entire time they were like, what are you doing? What did you need to get your

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back over here? Go back to being your engineer self like get your salary, start working like,

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you can't do these things. And I'm like, you don't understand like I'm learning so much every single

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day so that I can, I'm learning for my future self. So that money works for me going forward.

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And like, you guys don't get this, but I'm doing this for me for you for the future freedom for

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more time that we can spend together. Like, I get this, it's like, just wait, like time will work

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for me. So it tested a lot of things during that time. But ultimately, I stayed abroad and I stayed,

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I kept my money in the market. And I find those moments, it's building the resiliency within the

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human like within myself to be like, oh, I really am capable of so much more and I can, I can't,

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I can't do these things. I can't do them. I can't. I can't do that. I can't do that. I can't do

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that. I can't do those things. I can't judge people so much more and I can ask better questions and

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I can figure out these answers. So I would wait for you to go forward. I want to call something

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out to our listeners in Dr. Hawkins scale courage is the beginning of positive action. And that's

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important in those kind of moments is the choice for it into the face of fear rather

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than away from fear. That is what you did. So I kudos to that because that's a big move.

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Thank, thank you. Thank you. Um, I, and I, I, the courage aspect feels like a muscle

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that we just keep, like I personally just keep on the building and, and, and then, and

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then every single day still like I'm, things keep getting bigger, things keep moving faster.

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And I have to still remind myself, like I am choosing courage each time, but I'm just

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choosing the timelines that I'm creating. So like if this alignment, if this timeline

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is an alignment with the future that I want, then okay, some feelings are going to come

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up. Let's move through them as I move into that future version of myself. I love it.

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So, um, speaking of courage, okay, next up. Um, so, um, October, 2020, uh, when my portfolio

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was sitting at 25 K, um, my mentor and I were looking at each other and we're like, we got

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it wrong. We, we thought the market was going to take off, was going to dip at some point,

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but instead, like when, when all the viruses and everything happened, when the world shut

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down, but instead the markets went up, the printing machine went up and like money went

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up, crypto went up, everything went up. And so we just looked back at each other and we

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were like, we just have to admit, like we got things wrong. And it's like giving that

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ego blow to yourself. I was like, I got it wrong and now I have to take a different action.

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And so took my money out of, uh, I was in options contracts at the time and I put it

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into crypto fully. And at that point, the 25 K at its lowest was sitting there. Um,

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I was in particular for myself, I was in Cardano. We had researched so much out of that. We

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knew that that was going to be a really good one at that time and at that cycle. Um, and

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timing matters, which is why I bring it up. That might not be an investment for you now,

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but it's just, that was at the time that was really great buy. Um, I got it at five cents

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and um, I was between that one and hex and I ended up watching that 25 K rise up. We

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January came along, hit a hundred K. And then that point, that was like a huge point where

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I was like, I did it. I was like, mom, dad, see like, at that time it was just like, and

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at that point I was also living back in Bali. So I was like, see, like life is life is good.

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Life is good. Yeah. Here's the proof. Um, yeah. And then, uh, and then the market kept

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on going. And so 200 K, 300 K, 400 K hit. I ended up hitting a high of five 50 K.

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Wow. Out of 25 K. My gosh. That's a 20. Yeah. What is that? What is five times? Yeah. That's

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awesome. Yeah. So I didn't, I say this and I didn't fully take profits on all that stuff

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because of course when you're in your first, well, when you're in your first cycle, you

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think that you're unstoppable in so many ways. Um, well, here's why this is important that

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there in your journey, it's not like you're trying to figure it out. You hit it. And the

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interesting part is, is that you're a, you're a 30 year old female who's, you know, it's

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like you're young and it's possible. That's all I want to call it. I was, you took the

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risk and it's possible and you're not speaking from, I'm trying to, you're speaking from,

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I did it. And I want to give that credence to your journey because you did figure out

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some things that really work. Thank you. I did. And, um, and then from that, I still

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did take profits on a huge, huge, huge chunk. Didn't have to like, I never returned back

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to the corporate world. Um, you got, see, in other words, remember that question, you're

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trying to find the next thing and you found it and leaving the corporate world. What was

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that like? Well, so quite honestly, it felt obvious that I was not going to be returning

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back to the corporate world. When I gave my notice, I had a feeling and knowing, I was

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like, this is, I'm not never ever coming back. I was trying to figure out a different way.

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And, um, and I did, um, but, um, there's, there's something weird that happened. Like

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the whole conversation itself talk about like exponential wealth. Maybe we can talk about

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that later in the cycle, but when exponential wealth hits for, for everyone, for people,

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for myself, there's something that happens where it just magnifies what still lives within.

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Oh God. Yes. Yeah. And so still for myself, I was like sitting in my beautiful Villa in

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Bali. It was like rainy season, just laying on the couch, like, like honestly learning

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a lot still like learning more about quantum physics, more about how the universe works

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and all these things. And I was like, okay, so if I created that, then like, how do I

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create things in the world? And ultimately I'm like, it went back to, I was like, what

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would actually bring me value and purpose and fulfillment with the impact that I would

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give? Because now I have the freedom. I can do whatever I really want that my heart desires.

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Um, but what would actually feel really good impact wise. And so that spark, my impact,

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um, fulfillment, helping people. It was truly fulfillment. Yeah. Yeah. And ultimately, yeah.

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And giving back perhaps, I have a tactical question because what you did, and this is

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what would be in the minds of anybody who would engage with you is like, I can't wait

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to take $200 to 20,000. Right. I mean, um, you know, um, uh, you know, Jonathan's son

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thinks that one of the stocks that he granted to me, which is good Gensler is going to go

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from worth a hundred dollars to, you know, a hundred thousand based on what that could

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happen that the tax strategy, the technical question I have for you is a tax strategy.

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Right. So you take 25 and you go to 500. Let's say you did write it and you sold at the right

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time. Um, can we talk about that right now? Or we talk about that later? Are there implications

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in the crypto world that are different than you would express, expect in a, in a, in a

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capital gains kind of scenario in the stock market for those kinds of gains? Um, the tax

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conversation is a whole loaded question. That's a whole nother conversation itself. I'm not

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an expert in that stuff. Um, I've done, I can tell you guys, I've done like so much

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research around this stuff because also like in 2022, when I was doing my taxes for 2021,

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when everything was beautiful, I emotionally had like a lot of like, it's, it's, it can

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feel hard and heavy at times because you still owe taxes like crypto to crypto. Technically

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you still own, uh, you still owe a tax to it's a taxable event. So like if you sell

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from Ethereum to Bitcoin, um, however, tax strategy kind of goes to more high level stuff.

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So this is where like, you have to understand, like you have to ask yourself, what game am

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I playing? What game do I want to play? And so, um, I feel like there would be a better

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use of our time rather than some tax strategy. We'll do it. We'll do it on one off because

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there's a lot of other people in this country that, I mean, the idea of crypto and web three

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and the idea of avoiding the man, right? The idea is corporate world, corporate fan, and

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that's, is they, they own my stuff. I would like to have autonomy. I want my NFTs. I want

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my money. I'm, I want my creation. I'm doing creative work and all I'm trying to do is

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get through life and help others. Right. I don't need to pay this and this and this and

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this. Yeah. Yeah. Um, two things. First off in crypto, I think that a lot of, so, okay.

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So if anyone, so either of you, cause I know you guys both own somewhat of crypto at different

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points in time. Um, do you store your crypto on an exchange? Yes. Yes. Okay. So do you

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own your crypto or does the exchange own your crypto? Is my question for you. Who do you

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think? Uh, I would think the exchange is older. Technical record. I'm the owner, but I'm wondering

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if you can tell me differently. I'm, and I, mine is an uneducated guess. Mine's not a

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knowledge. So, so this is where, um, do you guys, did you remember hearing anything about

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FTX Sam Bankman freed? Oh, of course. Um, yeah. Yeah. Yeah. Block by Celsius. These

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are other examples of exchanges. And one thing I do want to share is anyone who does store

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their crypto on an exchange, I personally do not. And I never will, um, is because like,

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and if your money is on your exchange, the exchange owns your crypto. You don't. And

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so if we're talking about sovereignty and owning your own money and having power to

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them over you versus the man, um, a thing that I value deeply is being able to store

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your crypto on a hardware wallet device. And that way money can actually be shifted into

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the crypto is in your hand. So especially right now, if things change regulatory wise

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and in the government policy wise around crypto and people are like, Oh, you're only able

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to like move 5,000 out or play around with this or that. I'm like, Whoa, whoa, whoa.

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Like I don't play in those rules because I have taken my money out of first off out of

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the traditional finance system. I've taken it into the crypto world and then I've taken

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it off out of the centralized crypto world and I've taken it into my own hands. Physical,

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physical. Yeah. And that was like gold. Yeah. It'd be almost like owning gold. Yeah. And

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also when the I so I've been in crypto and I've been on a whole bunch of different ones

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and I've created multiple wallets. The UX or the user experience on crypto is monstrous.

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Terrible. It's, it's horrific. And it will not reach wide adoption until they solve that

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problem. Yep. Yeah. Because the average person 40 and up is like, fuck that. Like it's so

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hard. My son's like, Oh yeah, go get this a coasters wallet and all this. And it was

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like, and it was like, wait a minute. Like you have to think in terms of old structures

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and you guys are lucky because you, you started with crypto and it's part of your regulations.

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So widespread adoption to my generation is going to require better UX. Yeah, I agree.

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I'm excited for one that the UX does become better and smoother. I have a feeling a lot

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of people have been saying 2030 feels like a year that that would be in. Um, and what

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that would mean is collectively there would be less volatility in the market because more

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people, the masses would be in. So as an investor, I like being in before that adoption gets

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hit. So it's like, if, if, if, if you go out there and you hit the few extra buttons and

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you learn the software to some degree, this is some of the stuff I teach. Cause I'm like,

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it can be a lot more simplified to like pull your hand into the world of crypto and just

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be like, it's this and that and that and that. And like, I mean, I started in the crypto

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world and I didn't, my confidence was shot. Like I, I, this was a foreign language to

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me. Like that guy talking to me when I was at the age of 26, when I was in Bali about

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crypto was the second person that had ever spoken to me about crypto. One other, it was

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one of the, my first one was just a friend who like owned Bitcoin, but like, I didn't

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know what that stuff was. So, um, I share this because anyone who gets into crypto begins

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with a zero base knowledge and a comfortability around this stuff. And time and time again,

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the more action you take, the more you listen, the more, the more YouTube videos you watch,

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the more questions you ask, the more that you learn little bit by little bit and you

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build your confidence. So, um, personally, I had to really build my confidence cause

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I did not feel that way, but yeah, I mean, anyone can do this.

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Okay. Speaking of volatility and getting an early, what would you say to the skeptics

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who think that a lot of these things, including the meme coins are nothing but a Ponzi scheme,

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get enough people in, build it up enough, get the hell out before everybody else figures

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it out and get out, get the hell out of dodge.

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Yeah, I did it. I asked my software team, the average age is probably 35 and that's

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the number one response they came up with is it's a Ponzi scheme. Yep. What do you say

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to the people like that? But yeah, educate people.

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I would zoom out first. I actually, I wanted to drop this conversation thread in first.

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So the way I approach crypto is very much like an engineer. Um, as an engineer, I spot

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problem solution, just like anything in the world. Um, there's problems in the world.

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I want to be aligned to solutions. So the problem with crypto right now, like why do

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you think crypto came to be? You guys tell me.

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Uh, I've read this story of why Satoshi created Bitcoin. He's a CIA operative. That's, that's

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what was the news that I sent to Travis today. You want me to read it for you right here?

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What does it say? Bitcoin is a US CIA project. This is the conclusion reached by cryptographers

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who provided the first evidence that Satoshi Nakamoto, Creative BTC is a former drug loaded

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informant of US intelligence agencies, Paula Roo.

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He's discovered that Nakamoto's first transaction to separate as this transaction was made by

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Paul Lee Roo to health fitting on January 12th, 2009. These were amounts are now unknown

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before our time.

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I believe all that, that, that stuff feels more like propaganda, maybe propaganda than

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anything. Um, but okay.

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What's your question, Whitney? What is the answer to that question?

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Um, so it was a big libertarian movement back in the, so it sounds about right. So Bitcoin

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was formed in 2009. Yes, it was formed by Satoshi Nakamoto, an unknown person, um, still

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unknown to this day. I actually think there's a lot of beauty in him being unknown him,

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her, it being unknown. Um, because then there's no question, there's no like political stuff,

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cancel culture around the leader. It's just the family guy. Yeah, it just, it just is.

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So anyways, the whole movement was around these libertarians wanted the governments

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to stop meddling with their business and their money stuff and for them to be able to transact

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freely. And so the whole Bitcoin movement, the whole crypto movement has been funded

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on decentralization of taking the power out from the corrupt, the few, shifting the power

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into the people, into the hands of the many, having it governed on something instead of

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like governed by humans making decisions of saying like, Hey, I want interest rates at

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these. Hey, I want to turn the printing machine on at this time. Hey, I want these different

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things that will benefit the few instead. Crypto is a place where it is governed by

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the code. It's governed by like you come into the ecosystem, into the, into the blockchain,

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into Bitcoin, into Ethereum, into whatever you're in. And the code is all transparent.

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Of course. Yeah. It's all the rules. It's everyone can agree to it just because you

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step into the space and the rules aren't going to change. So there was, so the reason I bring

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this up is when we look at things, I invite you, it's like people say it's a scam. Okay.

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It's not actually a scam, but ask yourself like, why is it a scam? But ultimately crypto's

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here to be able to solve problem solution. And so we've been aligning. Hold on, before

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you go forward, I think that's probably an important step at this point, because that's

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a, that's the majority's opinion. Why do you believe it's not a scam? Like at what level

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of conviction do you feel saying this, it is not a scam and give us at least a glimpse

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into the reasoning behind that. First off, what is a scam? Scam is where someone's taking

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your money. Purposeful deceit though. A scam is something where somebody's trying to, trying

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to sell something that isn't real or using deceptive tactics to tell you something is

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what it is and it's not behind the scenes. So it could be something that's selling as

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a quality product and it's shabby or it's something that isn't even there. You know,

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you're selling them, you know, I'm going to, yeah, it's deception. Who is deceiving you

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when you're going into crypto? If it's made by rules that are neutral and there's code

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that seems to be transparent and you have full visibility to what the rules are, then

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I don't think there's actually any deception in that. If that's all a neutral code and

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it's observable by everybody. I think the bigger concern is because of what happened

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with Silk Road and Silk Road was essentially a drug place and they used Bitcoin as the

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way they transacted. It gave it a sense of illegitimacy first and then second, there

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were some pretty large hacks that took some of the crypto, which in theory, if crypto

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works, you shouldn't be able to scam anybody. Okay. First off with some good, good, good

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conversation points here. And anyone else who is thinking about what is a scam, what

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is a scam here, I invite you to like pull out more use cases for yourself and dissect

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it through this lens. So Silk Road, the example of what you're sharing, what I'm first seeing

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is I'm like, well, yeah, of course it was an exchange of value. That's been the whole

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job of it. Yes, it may have felt messy and ugly to some people or dirty because of what

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people were exchanging values for, but ultimately it did its job and it allowed humans to transact

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freely.

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It didn't help, but it wasn't up into that. I mean, reasonably it doesn't fit in the scam

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category.

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Correct. And, and ultimately like when something is birthed, like, okay, when something is,

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when anything new goes out into the world. So like even a TikTok, when that was put out

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into the world, it initially started as a dancing app or like people dancing, whatever

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it was musically. Yeah. Yep. And look how that's evolved. So it just takes the, the

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first wave of adoption does not prove how the whole thing and the whole movement is

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going to stand.

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That is a good point. That is a good point because there is product change and shift

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and versions and growth. That's how businesses thrive. I think you nailed the point is,

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and if you really, at this point now you look backwards and see what is the value. It is

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that exchange of relationship of what we call money. That is, I just want to know that if

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I send Rich 50 bucks, he's going to get it.

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Okay. That's, that's easy. But so everything we're talking about here is it's a free market.

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Yeah.

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There's a free market. There's a few points I want to bring up. One, it's a free market.

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So the people ultimately, like it's, it's a, people choose what they want and explain

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for our audience decentralized.

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Yes. Let me get through some of these points.

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That's like what you're talking about. Sorry.

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Yes. But, but also like, okay. So free market is something where someone gets to choose,

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they get to vote for the world that they want to see. So you get to use your money as a

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vote as energy, exactly what it is. And so what the, when Bitcoin was birthed, the example

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that we're using with Silk Road is saying that the first batch that went out, people

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said, Hey, this is a use case. Like I can use this right now. This is a need for me.

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And people made the agreement. It's the same thing back in the day with bartering. So we're

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just simply seeing, like, I love studying crypto through the lens of like the evolution

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of money, how we've gone through it.

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Crypto is just a movement. It's a movement of people. It's a movement of money. It's

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a movement of energy and it's a movement of change. So it's saying like, there are problems.

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We want to align to solutions. And so this brings us beautifully into decentralization.

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There's another thing I want to jump in first. Nope. We're going to go into decentralization.

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So with decentralization, what we have is, okay, so we're going to go back to problem

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solution. So we currently live in a world that is quite centralized. What are examples

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that you guys know that are that's a form of central centralization in our financial

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system?

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Taxes.

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FDIC. I've got a certain amount of money and it's insured. I'm seeing in the UK, they start,

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somebody wants to pull out $5,000. There's like, what do you want this for? It's like,

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whoa, that's my money. What do you what are you asking me what I want to do with this

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money right now? Right? That's kind of scary.

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Yep. Those are great. And if we want to zoom it even further back, so the government is

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centralization. Another form, so banks, another form of centralization. Companies like anything

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that has a C suite of employees, where humans make decisions. That's an example of centralization

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because I like I really like this diagram where it's like, if you picture like, a network

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of like people, so like circles, a central sense. Yeah, so a network of people who are

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all together centralized one has like circle one circle in the middle and all the arrows

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point back to the centralized.

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Yes. Yes.

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And then the other one for a network is the arrows just go side to side, like everyone's

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connected on a web. And so centralization is when one centerpiece, the whole network

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revolves around the centerpiece making decisions versus decentralization is that everyone is

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a node. Everyone is connected. Everyone like

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Everyone can see, can have visibility. Yeah. And I think that's to me, this is the best

386
00:33:41,680 --> 00:33:48,360
argument for it, because it decentralizes the money structure of the world. And that

387
00:33:48,360 --> 00:33:51,600
is the movement I see happening. Would you agree with that?

388
00:33:51,600 --> 00:33:56,160
Yes. Oh my god. Oh my god currency to the crypto world.

389
00:33:56,160 --> 00:34:01,160
Well, and the people determine the value, not some central arbiter. Isn't that also

390
00:34:01,160 --> 00:34:06,760
correct? Is it collective? Yes. Yes. So the people do. And so this is also one other point

391
00:34:06,760 --> 00:34:12,920
that I really wanted to bring up is each crypto. So there's there's 10 there's 20,000 and beyond

392
00:34:12,920 --> 00:34:17,800
cryptocurrencies out there. Each crypto is not created the same. So even if we want to

393
00:34:17,800 --> 00:34:20,240
get back into the scam conversation,

394
00:34:20,240 --> 00:34:23,600
I think we're past it. Well, no, we're going back in because

395
00:34:23,600 --> 00:34:26,960
it's important to because there are there really are some things to be aware of and

396
00:34:26,960 --> 00:34:34,080
concerned. Yeah. So there are examples. There are 100% examples of scams in crypto. Oh,

397
00:34:34,080 --> 00:34:39,600
yeah. Okay. However, the scams that happen in crypto, they go back to the founders or

398
00:34:39,600 --> 00:34:45,440
they go back to the founding team or people that get involved who are called bad actors.

399
00:34:45,440 --> 00:34:48,320
And those are the people that want to rug pull money from people.

400
00:34:48,320 --> 00:34:51,520
And Benjamin Fried, perfect example, right? FTX, right?

401
00:34:51,520 --> 00:34:56,800
Yeah. And even like we can see examples of other aspects of things. And that's where

402
00:34:56,800 --> 00:35:01,560
people get fear where they're just like, Oh, well, what's happening? And it's like, well,

403
00:35:01,560 --> 00:35:05,160
this is where personally for I when I'm looking at crypto projects and understanding if an

404
00:35:05,160 --> 00:35:11,200
investment is for me and if I want to be a long term investor, I always go back to the

405
00:35:11,200 --> 00:35:19,480
founder because frequently the founder, if I can trust the founder and I can understand

406
00:35:19,480 --> 00:35:26,680
their intentions, their energy behind it, then odds are like if they feel like they're

407
00:35:26,680 --> 00:35:29,880
a good actor and they're not going to scam me, they're not going to pull the money from

408
00:35:29,880 --> 00:35:33,720
me. I think they're gonna be pretty good that it's not going to be a scam and it's not going

409
00:35:33,720 --> 00:35:38,320
to check that box. So when people are doing the research around different cryptos, just

410
00:35:38,320 --> 00:35:42,560
realize all cryptos are not created the same. All code is not created the same. All founders

411
00:35:42,560 --> 00:35:47,520
not created the same. The energy that is infused into each network matters a lot. So I always

412
00:35:47,520 --> 00:35:56,640
go back to the founder. Let's break down because at this point, I think the legitimacy of the

413
00:35:56,640 --> 00:36:01,560
reason for crypto is there. And I want to establish that as a basis for our listeners

414
00:36:01,560 --> 00:36:08,360
that I definitely believe in crypto because of the decentralized nature of the control

415
00:36:08,360 --> 00:36:14,440
of money. I think that's its central purpose. And if you can iron out all of the issues

416
00:36:14,440 --> 00:36:20,600
like Bitcoin, I can never see it being adopted because it's an energy nightmare. Okay. It's

417
00:36:20,600 --> 00:36:21,600
got a, it has a fundamental-

418
00:36:21,600 --> 00:36:24,840
Because the actual physical energy consumed in-

419
00:36:24,840 --> 00:36:29,560
It is insurmountable. It is insurmountable. That's my only tension with Bitcoin. It's

420
00:36:29,560 --> 00:36:33,320
going to make a lot of money and at some point it's going to reach a threshold that's going

421
00:36:33,320 --> 00:36:40,240
to crash. But crypto and like why there are 20,000 of them is because each serves a potential

422
00:36:40,240 --> 00:36:47,040
purpose in the chain. Can you help our listeners understand that? That there are a lot of good

423
00:36:47,040 --> 00:36:54,480
actors who are trying to create utilities for them. Can you unpack that a little bit?

424
00:36:54,480 --> 00:37:01,240
Yeah. Okay. The best way, I actually want to drop back in. So the best way that I like

425
00:37:01,240 --> 00:37:10,040
to see this is problem solution. The existing financial system is broken in many ways. And-

426
00:37:10,040 --> 00:37:13,480
Agreed.

427
00:37:13,480 --> 00:37:17,480
We can see this in numerous ways. We've talked a lot about the money, the banking, people

428
00:37:17,480 --> 00:37:22,360
controlling our stuff in these ways. And honestly, I think there's a lot of market manipulation

429
00:37:22,360 --> 00:37:27,580
and things where the one person is trying to benefit themselves. It's very much trying

430
00:37:27,580 --> 00:37:33,680
to see the mainstream narrative to be like, where are things shifting to? And so a big

431
00:37:33,680 --> 00:37:38,240
part that I like to see is, okay, so the old system is fading. What we're doing with crypto

432
00:37:38,240 --> 00:37:42,540
is we're building the future of finance. And to build the future of finance, it's not going

433
00:37:42,540 --> 00:37:49,320
to be one thing. It's not going to just be like the US dollar being the global reserve.

434
00:37:49,320 --> 00:37:54,720
We have to create a whole different economy for this to exist in flow and to also have

435
00:37:54,720 --> 00:37:58,360
a good user experience so that more people can adopt it and not even realize that they're

436
00:37:58,360 --> 00:38:05,720
using crypto. So that's ultimately the end goal. But what is happening right now, the

437
00:38:05,720 --> 00:38:10,920
reason that there's so many different elements to it, it's very much like the dot com boom.

438
00:38:10,920 --> 00:38:16,040
Very similar energies and similar timelines. The internet came online back in the 2000s,

439
00:38:16,040 --> 00:38:21,440
where it not came online, but you got it. It boomed in many ways. And the same thing's

440
00:38:21,440 --> 00:38:24,640
happening with crypto right now, where it's like, we have to create all these different

441
00:38:24,640 --> 00:38:35,240
tools for you as the user, you as the investor. There's just so many different use cases that

442
00:38:35,240 --> 00:38:40,000
to the person who is just getting in crypto wouldn't particularly get. But okay, let me

443
00:38:40,000 --> 00:38:46,600
use some examples. So like in crypto, there's within each industry, you can find different

444
00:38:46,600 --> 00:38:52,800
subsets of different projects, like projects are also the example of coins, networks or

445
00:38:52,800 --> 00:39:00,160
blockchains. It's just each investment serves a different purpose. Different industries

446
00:39:00,160 --> 00:39:07,200
include the gaming industry, there's a whole like game, game, fi industry. DeFi is decentralized

447
00:39:07,200 --> 00:39:12,840
finance. That's the whole industry itself. But very big. Real estate has its own thing.

448
00:39:12,840 --> 00:39:20,560
The product is it's not product distribution, but it's like sending like shipments around

449
00:39:20,560 --> 00:39:28,440
the world's supply chain. Yeah. Basically, every single health care education, basically

450
00:39:28,440 --> 00:39:34,880
anything that has information or values exchanged, like money exchanged, can have some use case

451
00:39:34,880 --> 00:39:39,280
of working with crypto. Because ultimately, what they're doing is they're using blockchain

452
00:39:39,280 --> 00:39:46,000
technology. And so fundamentally, like this is where okay, crypto is a sparkly thing.

453
00:39:46,000 --> 00:39:49,480
You don't necessarily have to know how crypto works. But the reason that it's helpful to

454
00:39:49,480 --> 00:39:54,120
understand how it works is so that you can understand like how you can trust it. So you

455
00:39:54,120 --> 00:39:57,640
can understand like that your transactions go through to each other. But then you can

456
00:39:57,640 --> 00:40:02,720
also start to see a few more of like the use cases, like how else can this form and sculpt

457
00:40:02,720 --> 00:40:11,440
the future that I'm stepping into with this world? And so for you guys, what is the blockchain

458
00:40:11,440 --> 00:40:18,840
that you guys know of? So my son instructed me is the it's essentially the ledger. It's

459
00:40:18,840 --> 00:40:25,440
a shared ledger that everybody has access to. And you have individuals who mine that data

460
00:40:25,440 --> 00:40:30,340
and approve it. They agree to it. So in other words, there's always a head check on it.

461
00:40:30,340 --> 00:40:35,040
And that's essentially the idea. It's a decentralized structure that everybody can tap into that

462
00:40:35,040 --> 00:40:42,760
is a ledger. Yes. Did I get that right? Yeah, yeah. Used more. I don't love using the word

463
00:40:42,760 --> 00:40:49,520
ledger for beginners. But in like the way I like to balance sheet, what would you lock

464
00:40:49,520 --> 00:40:54,560
it lock it a key? I mean, there's a transactional nature of it. There's actually in a secure

465
00:40:54,560 --> 00:41:00,400
kind of a something that has to go through it. There's a process by which it's it's verified

466
00:41:00,400 --> 00:41:06,040
or it's legitimized. Right? Yep, exactly. So the blockchain is the space where your

467
00:41:06,040 --> 00:41:11,720
information becomes secure so that like the why why is it so important to have your information

468
00:41:11,720 --> 00:41:18,320
secure and verified in so many ways is because let's say you like Jonathan sends rich five

469
00:41:18,320 --> 00:41:22,600
five coins and you rich you log back into your account and you're like, oh, the coins

470
00:41:22,600 --> 00:41:27,720
are there yet you go in a week later and you're like, where'd my five coins go? If someone

471
00:41:27,720 --> 00:41:31,760
went in and changed the number for you, are you going to have trust that the system works

472
00:41:31,760 --> 00:41:37,880
for you? So the trust ultimately, I love to see all the different ways that trust is built

473
00:41:37,880 --> 00:41:42,600
and having code having the blockchain there verifies and secures that the information

474
00:41:42,600 --> 00:41:48,800
is safe. It's secure. It cannot be tampered with. It cannot be changed, transferred, changed.

475
00:41:48,800 --> 00:41:54,800
It's sent out across the network so that everyone in the network can look up the transactions,

476
00:41:54,800 --> 00:41:59,680
look up the information. And that way we as humans can trust that the system works for

477
00:41:59,680 --> 00:42:05,860
us that when we send it across the code, it's safe and secure. So it's a win win in so many

478
00:42:05,860 --> 00:42:10,320
different ways. And it's also very important. And I don't have you guys ever watched the

479
00:42:10,320 --> 00:42:16,720
show billions? No. Okay, Jonathan, there's a scene in billions where the guys who's taken

480
00:42:16,720 --> 00:42:23,220
over for Axelrod, he's got his bald, he's like $10 billion of crypto in these boxes

481
00:42:23,220 --> 00:42:29,200
that you have to have the code. If you don't get it after the ninth time, nobody gets that.

482
00:42:29,200 --> 00:42:34,040
And some guy probably I heard about some guy who lost his password. Everything was sitting

483
00:42:34,040 --> 00:42:38,560
waiting and he couldn't access it. It was just lost. So there is the downside of it.

484
00:42:38,560 --> 00:42:42,880
But as long as you've got that you're good to go. Is that is that is that a reality?

485
00:42:42,880 --> 00:42:47,600
Whitney in terms of, hey, man, if you lose that, then you could be screwed though. Oh

486
00:42:47,600 --> 00:42:53,600
my God, absolutely. And this is for my own self. This is why I personally practice and

487
00:42:53,600 --> 00:42:58,640
preach so much around security. So it's like, if so, I get, I understand why people want

488
00:42:58,640 --> 00:43:01,880
to keep their money on the exchange. First off, some people don't understand that like

489
00:43:01,880 --> 00:43:06,600
the exchange owns your money, but also taking crypto into your own hands means that you

490
00:43:06,600 --> 00:43:09,320
have to build security mechanisms to work for you.

491
00:43:09,320 --> 00:43:15,040
Right. And also like you, I tell everyone in my, in my world, I'm like, when you're

492
00:43:15,040 --> 00:43:20,640
getting your, so what you're referring to with the seed phrase with the words is a phrase

493
00:43:20,640 --> 00:43:25,320
that's usually 12 to 24 words. You can have more depending on how you custom, how you

494
00:43:25,320 --> 00:43:35,060
create it. But those 12 to 24 words, if you plug it into a hardware wallet, a wallet online,

495
00:43:35,060 --> 00:43:40,960
you can recover and restore your crypto and then send it to people as need. Very good.

496
00:43:40,960 --> 00:43:47,640
Whoever knows those 12 words, like let's say you take a picture on your phone and it gets

497
00:43:47,640 --> 00:43:54,900
uploaded to the cloud and then your information on the cloud gets leaked in five years. Well,

498
00:43:54,900 --> 00:44:01,000
because those words were on the cloud, now hackers and scammers may own your money and

499
00:44:01,000 --> 00:44:07,600
not you. So the 12 having those words and having them in systems that personally I tell

500
00:44:07,600 --> 00:44:11,240
people, don't take pictures, don't put it into last pass or password keepers, don't

501
00:44:11,240 --> 00:44:16,360
put into notepads, don't type it into your computer. I store it in metal. And I have

502
00:44:16,360 --> 00:44:20,440
a few other systems of like encryption that I help people with, but like security matters

503
00:44:20,440 --> 00:44:24,640
so much. And once you build those systems at the beginning, you can sleep and be like,

504
00:44:24,640 --> 00:44:27,680
oh, my money's working for me. It's fine.

505
00:44:27,680 --> 00:44:34,200
That's where the maturity of the economy is not there yet for crypto that can take care

506
00:44:34,200 --> 00:44:39,320
of those end user problems because there are a lot of those. And I think when people don't

507
00:44:39,320 --> 00:44:46,560
like change, so the idea of switching from hard cash or fiat money to crypto, that's

508
00:44:46,560 --> 00:44:51,280
like, shit, don't make me do it. Most people are going to be late adopters. Like I'm an

509
00:44:51,280 --> 00:44:57,600
early adopter, but I mean, living your entire life. So there are, there still needs to be

510
00:44:57,600 --> 00:45:02,920
a lot of end user products that help people manage because the management of the crypto

511
00:45:02,920 --> 00:45:09,460
is going to be a new economy. It is. Yeah. It will be going to be similar to like a cash

512
00:45:09,460 --> 00:45:14,760
app where it's very simple. Someone manages it and protects it. And that centralized protection

513
00:45:14,760 --> 00:45:21,000
is really where people are going to be. So yeah. Yeah. So earlier, Whitney, you're talking

514
00:45:21,000 --> 00:45:28,360
about how these different cryptocurrencies, I don't know if you call them coins, are used

515
00:45:28,360 --> 00:45:32,600
in different industries, right? You mentioned healthcare or supply chain. And that got me

516
00:45:32,600 --> 00:45:38,880
thinking about something you said earlier is about one of the things as an engineer,

517
00:45:38,880 --> 00:45:44,240
observing things like this, you start to see patterns, right? And this is where I think

518
00:45:44,240 --> 00:45:48,480
things could get really exciting because if you have your mind on the pulse of things

519
00:45:48,480 --> 00:45:55,160
that are in demand or that are requiring, definitely visibility or any kind of demand

520
00:45:55,160 --> 00:46:00,360
and energy, I think you can start to see how you can get in those early stages. Can you

521
00:46:00,360 --> 00:46:07,280
help the audience understand where you start to see these patterns and how your experience

522
00:46:07,280 --> 00:46:11,240
can help navigate some of these things to help people more comfortable, feel more comfortable

523
00:46:11,240 --> 00:46:16,080
about it? Yeah. Excellent question. This is one of my favorite topics. So personally,

524
00:46:16,080 --> 00:46:23,360
when I was, so like last, so in my first cycle, when in 2021, I watched the 25K go over to

525
00:46:23,360 --> 00:46:29,960
half a million, I was like, whoa, like my mentor, he was doing all this research before

526
00:46:29,960 --> 00:46:35,000
I met him to be able to spot of all, at that point, it was like of 10,000 cryptos. How

527
00:46:35,000 --> 00:46:38,720
do you spot the ones that are going to be home runs that are going to have like for

528
00:46:38,720 --> 00:46:45,360
my own self? I find, I personally am someone who, well, at conservatively, when I say this

529
00:46:45,360 --> 00:46:50,760
to people, like I'm an 11X investor, like I find at least cryptos that have 11X potential,

530
00:46:50,760 --> 00:46:58,280
like realistically 11X. But quite honestly, it's usually more like 30, 40, 50X returns.

531
00:46:58,280 --> 00:47:04,640
And I got it down. So I studied in the cycle where I was just like, okay, he helped me

532
00:47:04,640 --> 00:47:09,760
out in that way. Now, how do I reverse engineer what he taught me and really try to create

533
00:47:09,760 --> 00:47:15,480
a formula to be able to spot high growth cryptos? So that's what I teach today to people is

534
00:47:15,480 --> 00:47:21,840
like, how do you start to train your mind? And a lot of this goes back to like, we're

535
00:47:21,840 --> 00:47:26,120
in like, we're in the information era right now. There's so much information, especially

536
00:47:26,120 --> 00:47:31,200
in the crypto world. So many people are throwing things at us. But I find to be able to spot

537
00:47:31,200 --> 00:47:34,880
patterns and to be able to find those high growth cryptos, you have to start to come

538
00:47:34,880 --> 00:47:41,400
in with like, oh, first off, a wanting and a goal of like, okay, I actually want to find

539
00:47:41,400 --> 00:47:46,580
those ones that are like innovative, that are solving problems. I want to ask a series

540
00:47:46,580 --> 00:47:51,480
of questions to understand like, hey, how is the founder? Is there something of value

541
00:47:51,480 --> 00:47:59,320
here? Is the timing now? What are some of the other competitors out there like? And

542
00:47:59,320 --> 00:48:04,440
so I teach like a whole bundle of different questions to ask because there's a lot of

543
00:48:04,440 --> 00:48:08,880
different information out there, but it's around creating like it's yes, finding them.

544
00:48:08,880 --> 00:48:12,800
But more than anything, it's once you find them, it's asking yourself the right questions

545
00:48:12,800 --> 00:48:18,320
to be able to create like a list, I like to say, a thesis or a conviction. Like, this

546
00:48:18,320 --> 00:48:22,080
is why I'm in it. This is the probability that these things could happen. And these

547
00:48:22,080 --> 00:48:25,720
are also the risks. This is the potential that it could not be it might not be adopted

548
00:48:25,720 --> 00:48:35,240
at this time. And so for an investor, I think one of the first things is like, you have

549
00:48:35,240 --> 00:48:39,680
to come into the space, the crypto space, which is already filled with so much dopamine,

550
00:48:39,680 --> 00:48:44,520
so much so many people wanting to get rich, so much like frenzy energy. And there's a

551
00:48:44,520 --> 00:48:51,320
lot of traders in there who are just like trying to make make a cheap thing. My experience

552
00:48:51,320 --> 00:48:58,200
is if you actually want to invest in something that that has growth in this cycle, you have

553
00:48:58,200 --> 00:49:03,540
to be able to come in with the mindset that you want to do things differently than masses.

554
00:49:03,540 --> 00:49:07,240
You want to come in with a grounding approach that you want to study patterns. You want

555
00:49:07,240 --> 00:49:12,900
to study the market cycle timing pattern like a big one is like, if you don't see the timing

556
00:49:12,900 --> 00:49:18,220
of the market being like how how it occurs every four years, how there's lows and there's

557
00:49:18,220 --> 00:49:22,320
highs and you have to sell the highs and you have to buy the lows. Like if you don't hit

558
00:49:22,320 --> 00:49:26,960
those, you're just you're going to miss the whole crypto game and you're going to find

559
00:49:26,960 --> 00:49:30,840
your money going way, way, way, way up and then maybe way, way, way, way down. And then

560
00:49:30,840 --> 00:49:36,800
you're going to be like, I missed it. So when I'm looking at cryptos, like I have a four

561
00:49:36,800 --> 00:49:43,280
part formula and I like to say you have to get the what you buy correct. So like the

562
00:49:43,280 --> 00:49:50,960
coins when you buy. So the entry when you sell the exit. So use the time to work for

563
00:49:50,960 --> 00:49:57,160
you. And then lastly, it's the systems and security. So you can onboard off board, navigate

564
00:49:57,160 --> 00:50:05,480
things and store your money so you can stay in the game. Super, super, super high level.

565
00:50:05,480 --> 00:50:12,160
But if you keep it high level, you can save yourself a lot of the like frenzy energy in

566
00:50:12,160 --> 00:50:16,360
the crypto world and be like, this is my plan. These are the parts I have to nail. I was

567
00:50:16,360 --> 00:50:20,680
going to say these are the fundamentals. These are the things high level are fundamentals.

568
00:50:20,680 --> 00:50:23,480
There are things you do repeatedly over and over and over and over and over and over and

569
00:50:23,480 --> 00:50:33,000
over to their automatic. Yeah. Yeah. I was going to ask because I, I saw Doge a while

570
00:50:33,000 --> 00:50:40,000
back go from five, six, seven cents to almost 69, 72 cents. And then it just came back to

571
00:50:40,000 --> 00:50:45,680
earth. And I don't remember a lot of the other stocks back then, but was that a cycle? So

572
00:50:45,680 --> 00:50:50,600
and did Ethereum and Bitcoin and any other crypto follow that? Or is that something that

573
00:50:50,600 --> 00:50:54,600
Elon might have done to bump it with with Tesla? I do remember that that particular

574
00:50:54,600 --> 00:51:01,640
spike in Dogecoin. Yeah, this is a fun study case study. Okay, cool. So first off, rich,

575
00:51:01,640 --> 00:51:06,960
my question for you is why did you buy Dogecoin? Because it was cheap, because it seemed like

576
00:51:06,960 --> 00:51:11,840
something fun. And I bought it. I could have bought it when it was five cents. I bought

577
00:51:11,840 --> 00:51:18,320
it at 39. I watched it go to 70 something or 69 or 72. And I just held on to it. And

578
00:51:18,320 --> 00:51:22,120
it was just pretty ugly. So anyway, that's why I bought it. It seemed like a it's it's

579
00:51:22,120 --> 00:51:26,520
cheap, right? It seemed like it really reasonable. Why not? Like, let's see what happens. Did

580
00:51:26,520 --> 00:51:32,800
you buy in before or after Elon started talking about it? Probably after unfortunately, if

581
00:51:32,800 --> 00:51:37,760
it hit 39, it was probably way after. Yeah. Yeah, because it hit a high I'm looking at

582
00:51:37,760 --> 00:51:46,840
the chart right now it hit a high of 57 cents and may 21. So okay. Dogecoin definitely hit

583
00:51:46,840 --> 00:51:50,440
the same market cycle. Okay, so we're gonna break down. We're gonna break down a little

584
00:51:50,440 --> 00:51:58,120
of what what went on with Dogecoin. Let me find you guys were on my screen. Okay, so

585
00:51:58,120 --> 00:52:04,160
first off, Dogecoin is what you like to call a meme coin. meme coins are something that

586
00:52:04,160 --> 00:52:11,480
like literally like a meme on the internet is like a frog. Yeah, it's a cute gif. It's

587
00:52:11,480 --> 00:52:18,080
a cute image of something being like, oh, and so that was even the meme, the social

588
00:52:18,080 --> 00:52:26,640
phenomenon was by cute Doge dog doggy coin. Doggy coin go to the moon. Like, the crazy

589
00:52:26,640 --> 00:52:33,320
thing is the way humans have work is sometimes that does work. However, and sometimes things

590
00:52:33,320 --> 00:52:38,760
go to the moon. And in particular, it like Dogecoin was around for so many years before

591
00:52:38,760 --> 00:52:46,120
it even came on the radar with with Elon. But the benefit of meme coins is that people

592
00:52:46,120 --> 00:52:51,400
are putting things out there and they're hoping that society humans pick it up in some way,

593
00:52:51,400 --> 00:52:57,520
from Dogecoin was one of the meme coins that got lucky. I particularly don't love investing

594
00:52:57,520 --> 00:53:02,160
in meme coins. I have a very small, very small amount of my portfolio that to do so. And

595
00:53:02,160 --> 00:53:07,160
I like to call those lottery tickets there. Because you never know how things are going

596
00:53:07,160 --> 00:53:13,600
to go. It's speculation at its finest. And you can there's there's a whole different

597
00:53:13,600 --> 00:53:17,360
science to that one, because you're truly spotting how humans move and how humans adopt

598
00:53:17,360 --> 00:53:26,080
things. But meet but Dogecoin got lucky that Elon blessed it. And Elon, of course, has

599
00:53:26,080 --> 00:53:31,160
influence and people know that anything on touches like things that he's doing, he he

600
00:53:31,160 --> 00:53:39,360
will make any part of the future he's like weaving things in. So this is where of course,

601
00:53:39,360 --> 00:53:43,360
the time to invest would have been before Elon spoke about it. However, the time to

602
00:53:43,360 --> 00:53:48,640
invest like if it was back then, you would have been thought is absolutely crazy to put

603
00:53:48,640 --> 00:53:54,860
any money into this little dog coin. Because there was no value, there was no one else

604
00:53:54,860 --> 00:54:00,560
really talking about a value besides people on the internet speculating about it. And

605
00:54:00,560 --> 00:54:07,240
I think that did somewhat influence the whole scam concept is like because meme coins, like

606
00:54:07,240 --> 00:54:12,400
I've wrestled with that one. Like I'm a believer in crypto. But I'm not a believer in memes.

607
00:54:12,400 --> 00:54:17,940
I've never seen like I get the party aspect and the project aspect that it's but it doesn't

608
00:54:17,940 --> 00:54:23,560
serve utility. And I think because what ultimately the bigger question people are asking here

609
00:54:23,560 --> 00:54:29,400
is at what point is it going to switch from $1 to what crypto because there's 20,000,

610
00:54:29,400 --> 00:54:33,080
there's probably another 20,000 next year. At what point are we going to have another

611
00:54:33,080 --> 00:54:38,780
dollar that just transaction that transacts energy? So here's my energy because that's

612
00:54:38,780 --> 00:54:45,900
really what money is. It's my promised value to perform over time. And the like how do

613
00:54:45,900 --> 00:54:51,600
I take care of that, protect it and give it away when I want to. So and do it at the lowest

614
00:54:51,600 --> 00:54:55,680
cost possible. And I think that's why the decentralized nature is if we can keep the

615
00:54:55,680 --> 00:55:02,880
cost because basically fiat systems have so many middlemen in the process with taxes and

616
00:55:02,880 --> 00:55:09,400
sales tax and tax again and then it's how do we get rid of the middleman? And that's

617
00:55:09,400 --> 00:55:14,880
a loss of power that is happening in the shift. I know that's a real high level thing. But

618
00:55:14,880 --> 00:55:21,720
it's that's where the world is is like what what is going to be the money of the future?

619
00:55:21,720 --> 00:55:26,080
I want to go back because we're sort of nearing the end of our time. But I want to enrich.

620
00:55:26,080 --> 00:55:35,560
I'll let you leave with one more question is answer your question so far. How what is

621
00:55:35,560 --> 00:55:42,560
your relationship of money and how is it different now? Question that you went into this whole

622
00:55:42,560 --> 00:55:52,520
journey with how has it changed? My relationship to money is not just about money. It is about

623
00:55:52,520 --> 00:55:58,920
my energy of where I want to be in the world. My energy of because how I spend my energy

624
00:55:58,920 --> 00:56:04,880
is my greatest currency. It's also a space right now like from from my own self, my own

625
00:56:04,880 --> 00:56:12,200
business. I am very, very, very much in demand. And I've had no shortage of work. So it's

626
00:56:12,200 --> 00:56:16,960
when people want my time, that's also worth something for my own self to be like, well,

627
00:56:16,960 --> 00:56:24,160
my money, my energy literally in this moment does cost energy at a certain point. And so

628
00:56:24,160 --> 00:56:29,640
for me, it's been my relationship to money has had me be a lot more discerning around

629
00:56:29,640 --> 00:56:35,240
the spaces that I say yes to, in a way where I'm like, I say yes to things that are alignment

630
00:56:35,240 --> 00:56:41,320
for me. And I know that now my yes is stronger because also my no is stronger. I know that

631
00:56:41,320 --> 00:56:46,880
the places I go I'm meant to be at and therefore I'm unapologetically fully presently there.

632
00:56:46,880 --> 00:56:51,040
So for me, I've gotten this richness of life by shifting my own relationship to money.

633
00:56:51,040 --> 00:56:56,040
And it's a constant evolution or like the relationship relationships never have an end

634
00:56:56,040 --> 00:57:03,680
point. But I now have a greater curiosity for myself around where I want to put myself

635
00:57:03,680 --> 00:57:09,360
where I want to put myself when I'm shifting like an abundant mindset versus a scarce mindset.

636
00:57:09,360 --> 00:57:13,600
I'm just like much more attuned with my energy and what I want to create in the world and

637
00:57:13,600 --> 00:57:18,060
how I'm really creating my world. So it's been a really beautiful reflection of my own

638
00:57:18,060 --> 00:57:19,060
relationship to my power.

639
00:57:19,060 --> 00:57:23,480
Well, I think that's the big biggest part. We talk about the matrix here, all the tension

640
00:57:23,480 --> 00:57:31,840
ality and the matrix is really that scarcity mindset. And that to me is the biggest shift

641
00:57:31,840 --> 00:57:37,400
happening is the world is waking up to an abundance mindset. And that's what I love

642
00:57:37,400 --> 00:57:43,680
about your story. If you watch Whitney on Instagram or any of your platforms, I love

643
00:57:43,680 --> 00:57:48,880
your energy and passion of being free to be who you are. That's to me the most valuable

644
00:57:48,880 --> 00:57:54,360
part of your what you're sharing is you've changed your relationship to money and it's

645
00:57:54,360 --> 00:57:59,960
giving you a sense of freedom that has allowed you to enjoy your life. That's that's what

646
00:57:59,960 --> 00:58:00,960
it seems like.

647
00:58:00,960 --> 00:58:01,960
Yeah.

648
00:58:01,960 --> 00:58:06,520
Well, I could tell some of the urgency in one of your recent reels. Whitney is like,

649
00:58:06,520 --> 00:58:12,720
guys just listen to me. This is important. And I could just tell you've absorbed it,

650
00:58:12,720 --> 00:58:18,160
you've channeled it and now you're trying to give back in a way. I think that we're

651
00:58:18,160 --> 00:58:22,960
trying to democratize this. And this goes back to my conversation about this poor middle

652
00:58:22,960 --> 00:58:31,520
class and these poor boomers. Everybody's talking about my dad made $72,000 a year,

653
00:58:31,520 --> 00:58:36,600
bought a house, we had five kids, everybody thrived, we had a boat house, we had a second

654
00:58:36,600 --> 00:58:41,160
house. And there's no way in heck I could even afford my rent today, right? Let alone

655
00:58:41,160 --> 00:58:46,840
even dream about having a house. And one of the things that I would like to ask you is,

656
00:58:46,840 --> 00:58:52,600
how do you have a conversation with a recent college graduate or even somebody who is,

657
00:58:52,600 --> 00:58:58,000
you know, waiting tables and they're able to sock away 50, 100 bucks a week. And they're

658
00:58:58,000 --> 00:59:02,640
just, this is, they're knowing that just they know they need to do it. They don't spend

659
00:59:02,640 --> 00:59:09,680
on a lottery ticket. How can you help? Or how can you envision a world where somebody

660
00:59:09,680 --> 00:59:14,400
with just 100, 200 bucks a month can actually possibly make a difference in their lives

661
00:59:14,400 --> 00:59:17,440
and have a hope of something down the road? And this is what we're talking about. We're

662
00:59:17,440 --> 00:59:24,160
talking about how are we allowing the proletariat, the poor, you know, kid or young person out

663
00:59:24,160 --> 00:59:28,080
there who doesn't really have a chance to try to have some leverage in the world in

664
00:59:28,080 --> 00:59:31,040
the future, because it's kind of depressing, quite frankly, right?

665
00:59:31,040 --> 00:59:38,600
Yeah, yeah, it is. Great question. So my quick, my first thing, so going back to the very

666
00:59:38,600 --> 00:59:43,360
beginning, we talked about action. Yeah, the courage that comes with the action. And so

667
00:59:43,360 --> 00:59:48,080
this is a time right now, like I haven't, the urgency I was talking about was really

668
00:59:48,080 --> 00:59:53,520
like, in short, in crypto, there's every four years, there's a cycle, there's a, there's

669
00:59:53,520 --> 00:59:57,560
a bull market cycle, bull market, bull market means price goes up and it goes up very, very

670
00:59:57,560 --> 01:00:02,520
fast. So that thing that I was able to ride where it went from 25 K to half a million

671
01:00:02,520 --> 01:00:06,340
and some like I've said this before, like I got lucky because the timing was really

672
01:00:06,340 --> 01:00:11,480
good and really right. And at the same time, like I genuinely did get really lucky when

673
01:00:11,480 --> 01:00:14,880
I did meet my mentor and the callings and everything, like there are certain times to

674
01:00:14,880 --> 01:00:21,800
go in this year, this year, year and a half is going to be huge. So it's a matter of if

675
01:00:21,800 --> 01:00:26,840
you are here right now listening to this, just start off and go buy, go buy some crypto.

676
01:00:26,840 --> 01:00:30,800
And like, this is not financial advice because I'm not a financial advisor. There's you cannot

677
01:00:30,800 --> 01:00:36,600
be a financial advisor in crypto. But if I were to tell it to tell someone to begin,

678
01:00:36,600 --> 01:00:44,120
here's an easier way to say it. If you had $10,000, what would you buy right now? Don't

679
01:00:44,120 --> 01:00:49,400
give advice, but 10,000, a hundred, 500. Yeah.

680
01:00:49,400 --> 01:00:54,320
Even if I had 20, if I had 50, the one thing I would go tell you to buy right now is Ethereum.

681
01:00:54,320 --> 01:00:59,400
In particular, here's my reason why I love finding high growth cryptos between Bitcoin

682
01:00:59,400 --> 01:01:05,000
and Ethereum. They both collectively have market adoption. Like it's true. People trust

683
01:01:05,000 --> 01:01:09,600
it. It's not both of these. Neither of them are going anywhere. I have a stronger belief

684
01:01:09,600 --> 01:01:14,400
around Ethereum and also Ethereum is younger. So it's been around, it came out in 2015 versus

685
01:01:14,400 --> 01:01:19,360
Bitcoin, which is 2009. And just because it's younger, it has less market adoption. It's

686
01:01:19,360 --> 01:01:22,960
not number one, it's number two. And what that means when it doesn't have as much market

687
01:01:22,960 --> 01:01:28,280
adoption is it has more ability to grow. It's like the underdog or it's not even the underdog,

688
01:01:28,280 --> 01:01:32,640
it's number two has more ability to grow to number one because it hasn't been seen by

689
01:01:32,640 --> 01:01:37,580
as many people or doesn't have as much trust. So there's going to be a lot more meters

690
01:01:37,580 --> 01:01:41,020
to come up. But if someone is just sitting on the sideline and wants some exposure and

691
01:01:41,020 --> 01:01:46,200
doesn't want to necessarily get into gambling around or playing with Dogecoin and the different

692
01:01:46,200 --> 01:01:50,600
things that come up with speculative meme coins and that type of stuff, and you don't

693
01:01:50,600 --> 01:01:55,360
really want to go deep, deep, deep into things, I invite you to go do some research around

694
01:01:55,360 --> 01:01:59,800
study the market cycle timings, understand how time works in the crypto world, and then

695
01:01:59,800 --> 01:02:05,000
go deep into the Ethereum side of things. I'm not an Ethereum nut, but I will say for

696
01:02:05,000 --> 01:02:09,860
beginners it's very easy to start to grasp some of this stuff and also to see growth

697
01:02:09,860 --> 01:02:12,200
in a really big bold way.

698
01:02:12,200 --> 01:02:18,320
Awesome. Winnie, so how can people find you? Because I want people to be able to find you

699
01:02:18,320 --> 01:02:21,880
and I will put it in the show notes, but please let us know how people, what's the best way

700
01:02:21,880 --> 01:02:22,880
to contact you?

701
01:02:22,880 --> 01:02:28,000
Instagram is awesome. I'm so excited actually about my YouTube channel. So Whitney Magic

702
01:02:28,000 --> 01:02:32,880
is my public name. My YouTube channel, I've been working with a guy and we're dropping

703
01:02:32,880 --> 01:02:36,840
a lot more videos coming this week, some really revolutionary ways to be able to talk about

704
01:02:36,840 --> 01:02:43,560
crypto and how to do crypto in a way that actually feels good in your body. The investing

705
01:02:43,560 --> 01:02:49,320
way, spotting patterns, a lot of this conversation will be going into deeper topics in that aspect,

706
01:02:49,320 --> 01:02:50,800
bring a lot of humanness to crypto.

707
01:02:50,800 --> 01:02:54,240
Do you have any workshops coming up or any training?

708
01:02:54,240 --> 01:02:59,120
I do. So on April, actually on, I don't know when this will be published, but Monday to

709
01:02:59,120 --> 01:03:06,480
18th, my early bird special ends. And then for my five week program, this is a great

710
01:03:06,480 --> 01:03:13,240
place for people to begin with crypto one-on-one. It's under $500 and it's in a group space

711
01:03:13,240 --> 01:03:21,280
as well so that you get to grow together. And that course begins on April 2nd. So that's

712
01:03:21,280 --> 01:03:26,880
in my link tree on my Instagram page on anything that is Whitney Magic related.

713
01:03:26,880 --> 01:03:33,000
Awesome. Whitney, thank you so much. This has been as expected. It's always awesome

714
01:03:33,000 --> 01:03:36,800
hanging out with you because I always learn so much from you. It's beautiful. Thank you

715
01:03:36,800 --> 01:03:41,960
for joining us. And to all of our listeners, this has been another incredible episode of

716
01:03:41,960 --> 01:03:49,100
Living in the Matrix. Please comment and review, subscribe if you can. We're also on Instagram

717
01:03:49,100 --> 01:03:54,680
and YouTube. This has been a blast doing it. And Whitney, thank you so much for joining

718
01:03:54,680 --> 01:03:55,680
us again.

719
01:03:55,680 --> 01:03:59,400
Thank you so much for having me. Range of questions. Loved it.

720
01:03:59,400 --> 01:04:02,360
Love it. Yeah. Always awesome. Thank you so much.

721
01:04:02,360 --> 01:04:27,240
All right. Much love, everybody. Have an awesome time. Whatever you're doing. Take care.