"I was in the air force... I take my oath to the Constitution seriously... Uphold the constitution against enemies foreign and domestic. And I didn't understand... we have domestic enemies. And every war, every war, that we have been a part of has been manipulated."
"'The Creature from Jekyll Island'... It's a serious book of the history of the Federal Reserve... I was honestly depressed because... the inevitable outcome of that is Marxism... Bitcoin is the answer to this problem. And then it gave me hope..."
-Kimberly
Resources:
The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin
Story or Die: How to Use Brain Science to Engage, Persuade, and Change Minds in Business and in Life by Lisa Cron
Please email questions/comments to Tali@OrangeHatter.com
Mentioned in this episode:
Free Market Kids Short
Get your HODL UP ("The best bitcoin game ever!") at www.freemarketkids.com.
Hi, everyone.
Tali:Welcome to Orange Hatter.
Tali:Today, you will listen to part two of my conversation with Kimberly.
Tali:That, that's exactly, that's exactly my dilemma right now with my kids.
Tali:So you know, Scott and I, we went to brand name schools.
Tali:We thought that was the right thing to do and we have invested a lot of time and
Tali:energy and money into getting our kids to follow that, at least over the first
Tali:at least 15 years of homeschooling them.
Tali:And now I'm afraid to tell, give them any advice because I feel like my
Tali:advice may or may not be relevant two years from now or three years from now.
Tali:And I just tell them right now, listen, nobody has the right answers for you.
Tali:You just got to follow what your heart is telling you.
Tali:And if that means you go right into business, and you don't go
Tali:to college, then you got to do what your heart is telling you.
Tali:Because honestly, nobody can tell you what the right steps are anymore.
Tali:Right?
Tali:And that whole AI thing is crazy.
Tali:You used to have to hire copywriters, and you have to have editors and
Tali:all those, AI can do all of that.
Tali:They can do coding now.
Tali:They can do art.
Tali:Like, why would people go and spend all that time learning art when you
Tali:can just tell your AI, you know, create this thing, and then just...
Tali:right out of thin air kind of thing, you know, because I have one
Tali:girl who's very interested in art.
Tali:I'm like, I don't know what to tell you.
Tali:Go study.
Tali:Don't go study.
Tali:I don't know what to tell you.
Tali:But you know, I do want to relate something interesting that I just read.
Tali:It was a book called "Story or Die."
Kimberly:"Story or Die."
Kimberly:Okay.
Tali:There's a quote in there that's from a...
Tali:Social Neuroscientist or something, and they were saying how a lot of people
Tali:believe that the reason human beings are on the top of the food chain,
Tali:because we have the opposable thumbs.
Tali:Truthfully, the reason that we are on top of the food chain is due
Tali:to our ability to work together.
Tali:It's actually social intelligence that puts us on the top of the food chain.
Tali:So, I feel like that's one thing I can tell my kids, which is...
Tali:best skill set is learn how to work with people, because machines can
Tali:never substitute you for that, right?
Tali:Every other skill they can substitute.
Tali:They can do engineering.
Tali:They can do, you know, whatever art, and writing, and coding,
Tali:and things like that, but they, machines will never become human.
Tali:And human are human because of their social skills.
Tali:So that [is the] best the advice I can give them today.
Tali:Hopefully that's correct...
Tali:and go into Bitcoin!
Tali:And I tell my kids that.
Tali:They're not all completely convinced, but we tell it to them so much,
Tali:that they just kind of, at some point, just roll their eyes.
Tali:They're like, "we know!"
Tali:You know.
Tali:I'm like, no, no, you don't know.
Tali:You don't understand how important it is.
Tali:So you said that it took a long time from when your friend told you about Bitcoin
Tali:to where you were confident in Bitcoin.
Tali:Like, how did that, how did that journey, what did that look like?
Tali:What did you do to continue to learn about Bitcoin and become more convinced that
Tali:it's the protocol that you value, rather than the investment part that you value?
Kimberly:Well, so initially, like, when I...
Kimberly:bitcoin was the on ramp, right?
Kimberly:You had to get, you to buy the bitcoin in order to buy the
Kimberly:other cryptocurrency, right?
Kimberly:And bitcoin was the first, so it was the slowest, and it didn't have, you
Kimberly:know, the number of transactions.
Kimberly:And it used up all the, you know, so much energy...
Kimberly:and there's all these stories about bitcoin, right?
Kimberly:And then there was all these use cases for, for the other these
Kimberly:other cryptocurrencies and all these things that it was going to do.
Kimberly:But I think I just, I just kept reading.
Kimberly:I, I came across this book.
Kimberly:So...
Kimberly:it was because of Bitcoin.
Kimberly:So, I'm, like, on, I'm getting on YouTube, right, to learn
Kimberly:about Bitcoin cryptocurrencies.
Kimberly:And I ended up listening to Robert Kiyosaki, "Rich man, Poor dad."
Kimberly:Do you know, do you know...
Tali:I do know him.
Tali:Yeah.
Tali:Rich dad, poor dad.
Kimberly:I've had his, I've followed him, and not like recently, but I
Kimberly:mean, like, you know, 20 years ago, like I had his books, and I paid
Kimberly:attention to what he was saying.
Kimberly:I did a course with him.
Kimberly:Anyway, so I got on his YouTube channel, and he started talking about this book.
Kimberly:It's called "The Creature from Jekyll Island."
Kimberly:Have you read that book?
Kimberly:It's about the creation of the federal reserve.
Kimberly:And he pulled, he shows it, and he's got it all tabbed and highlighted.
Kimberly:And you can tell, like, he has really studied this book.
Kimberly:I was really intrigued.
Kimberly:So I got it, and I read it.
Kimberly:I mean, it's a 500 page book.
Kimberly:It's a serious book of the history of the Federal Reserve, you know...
Kimberly:our in the monetary system of the United States...
Kimberly:what we have done.
Kimberly:Right?
Kimberly:When I came out of that, I had such an understanding.
Kimberly:I was honestly depressed because, um, he takes a very conspiratorial viewpoint
Kimberly:of all that has happened and transpired.
Kimberly:And, and the inevitable outcome of that is Marxism, right?
Kimberly:And, and we're on that road.
Kimberly:I was like, how do you, how do you get out of that?
Kimberly:So I ended up on that.
Kimberly:And then at the same time, I'm learning about Bitcoin, right?
Kimberly:And at some point it's like, oh, okay.
Kimberly:Now I get it.
Kimberly:Bitcoin is the answer to this problem.
Kimberly:And then it gave me hope, right?
Kimberly:So then, like, well, okay, this gives me hope.
Kimberly:There's a potential solution to the Federal Reserve and this endless
Kimberly:printing of money and this money that's not backed by anything, right?
Kimberly:And so now it's a matter of understanding more and more about Bitcoin.
Kimberly:Well, does it do what it really says it does?
Kimberly:Is it, can it fail?
Kimberly:Can the system fail?
Kimberly:What makes the system work?
Kimberly:Is it really limited?
Kimberly:Could somebody change it?
Kimberly:I don't know.
Kimberly:You just keep reading and learning and eventually you're like, I
Kimberly:ended up fully kind of grasping it.
Tali:Yeah.
Tali:Yeah.
Tali:That sounds really similar to what my husband went through.
Tali:Because I remember, I remember nights when he was reading that book.
Tali:And he would get so angry.
Tali:He'd be like, Tali, can you believe?
Tali:And I'll be like, Scott, I'm trying to go to sleep.
Kimberly:Your husband was in the air force or the army, right?
Tali:He was in the army.
Tali:Yeah.
Kimberly:Yeah.
Kimberly:I was in the air force.
Kimberly:So, I mean, you know, I take my oath to the Constitution seriously, right?
Kimberly:Uphold the constitution against enemies foreign domestic.
Kimberly:And I didn't understand, we, we have domestic enemies.
Kimberly:And every war, every war, that we have been a part of has been manipulated.
Kimberly:Right?
Kimberly:By the, by the Fed or by the bank, or I ... it by the bankers, but by, you know,
Kimberly:other interests, other interests, right?
Kimberly:Not, not patriotism, not what's good for Americans.
Kimberly:And if you have fought, if you have fought in that, it's really heartbreaking.
Tali:It is, it is, absolutely.
Tali:And he would agree with you 100%, and I'm sure you guys would be able
Tali:to talk about that book forever.
Tali:But he was absolutely, like, he started from that, and that was
Tali:before we ever heard about Bitcoin.
Tali:This was several years back.
Tali:And he also got really depressed.
Tali:Exactly like what you said, he was so depressed.
Tali:He's like, "there is no hope.
Tali:Everything is against us."
Tali:Until he started hearing, I think it was Preston Pysh who was,whose podcast he
Tali:was listening to, the investors podcast.
Tali:And he kept hearing Preston talk about Bitcoin.
Tali:That's when he was elbowing me, going, "Hey, Tali, this Bitcoin thing
Tali:might be a, might be the solution."
Tali:I'm like, "I don't have time.
Tali:Stop bugging me.
Tali:You know, I'm trying to homeschool the kids.
Tali:What are you doing?"
Kimberly:When was this?
Kimberly:What year was this?
Tali:Oh my goodness.
Tali:When he first started poking me about Bitcoin?
Tali:It was several years back, four years back, maybe...
Tali:four or five years back.
Kimberly:So before 2020.
Tali:We didn't know who to ask.
Tali:Back then, if you listen to a podcast, that seems very far away.
Tali:It's not like you can call them up and go, "Hey, I heard this on your podcast.
Tali:Can you explain that to me more?"
Tali:It's not like talking to a fellow bitcoiner, where you go,
Tali:"can you explain this to me?"
Tali:So, it was like, just far away things.
Tali:So he started reading books, and the more he read, the more hopeful he got.
Tali:Because like you, he was so depressed when he read the Jekyll Island book.
Tali:And he kept learning and the more he learned, the more hopeful he got, and the
Tali:more he was trying to bug me about that.
Tali:So it took him two years, two years, of elbowing me, before
Tali:I said, "the heck, fine.
Tali:Just tell me what the heck this thing is."
Tali:Right?
Tali:And so, when that happened, we were in the middle of COVID.
Tali:So probably around the same time, but we, he started two years before that,
Tali:trying to get me to be on board with him.
Tali:And he didn't invest in it back then, because we were both still unsure of it.
Tali:Like, we knew it was the thing, and we suspected that it could be a hope for
Tali:us, but we didn't have anybody in our social circle that gave us confidence.
Tali:So, it wasn't until we, he made that game, the HODL UP game, and got me
Tali:on board, and I started reading, and I was like, "Okay, I'm on board.
Tali:What do we do?"
Tali:And at that point, it was 2020, I think, and we still didn't
Tali:know how to get involved.
Tali:And all these wallet things that they were talking about...
Tali:well, like, conceptually, we understand that, but physically, what does that mean?
Tali:And when we went to our local meetup, it was a crypto investment club.
Tali:So they told us some things, but they were talking about Cardano, and they were
Tali:talking about Ethereum, and they were talking about all these other cryptos.
Tali:And we're like, "we don't even know what those things are.
Tali:We, we, we're having a tough time just understanding what Bitcoin is."
Tali:But they were like, "oh, no, but you need to invest in Cardano."
Tali:I'm like, "I don't know what that is."
Tali:So it's COVID.
Tali:And our 20th, 20th, uh, wedding anniversary was coming up.
Tali:And he said, "what do you want to do?"
Tali:And I said...
Tali:and our anniversary is in November.
Tali:And I said, "Scott, we either stop talking about Bitcoin or we go check it out.
Tali:And we actually do something about it."
Tali:And so, we decided to go to the 2022, last year, 2022 Bitcoin conference
Tali:for our wedding anniversary.
Tali:And there was the first time we were able to talk to people,
Tali:face-to-face, who were Bitcoiners.
Tali:And that's how we finally decided, okay, we can be a part of this space.
Tali:But it took that long.
Tali:So that was 2022.
Tali:He started three, four years before that.
Tali:That's why we're so passionate about bringing this knowledge to people, because
Tali:we were so ready and willing to learn, but we didn't have people around us that
Tali:could explain it to us eyeball-to-eyeball.
Kimberly:So, my pastor friend, he literally talked me through how to buy it.
Kimberly:Like, he's like, "okay, go to this website".
Kimberly:You know, and then, "this is how you're", you know, "you have to get
Kimberly:connected to your bank account."
Kimberly:Okay.
Kimberly:So I did that.
Kimberly:And then he's like...
Kimberly:taught, taught me how to buy it, you know?
Kimberly:And I bought, I bought like, you know, 50 dollars' worth.
Kimberly:And then, and then he taught...
Kimberly:showed me what wallet to get, "download this wallet."
Kimberly:And then he helped me actually move the money off the exchange onto the wallet.
Kimberly:I was like, "what?
Kimberly:Oh my gosh."
Kimberly:Right?
Kimberly:Like, "is it gonna show up?"
Kimberly:He's like," just do five dollars."
Tali:Yeah, exactly.
Tali:And that's what, that's what we did, too.
Tali:Yeah.
Kimberly:He literally held my hand through the entire process.
Tali:Can you imagine if you were already interested, but he wasn't there?
Kimberly:Oh yeah, that's what made me think of that...
Kimberly:when you told me, when you're talking about your story, because
Kimberly:yeah, I had somebody that was literally telling me what to do.
Tali:Yeah, somebody you trusted.
Tali:Somebody you trusted walking you through it.
Tali:And that gives people so much more conviction than reading
Tali:something or watching something and intellectually understanding it.
Tali:Because one of the things that we did, was we, we would go on YouTube
Tali:and we would research, like, wallets.
Tali:But it wasn't one wallet.
Tali:It was, like, 10 different wallets, all different names, some of
Tali:them were lightning, some of them were on chain, and there were so
Tali:many nuances, it paralyzed us.
Tali:We didn't know which way to go.
Tali:We're like, "there're 10 wallets, how do we, how do we choose?"
Tali:You know, and then if we were paralyzed, we did nothing.
Kimberly:Right, oh yeah.
Kimberly:I still, I'm still kind of there, right?
Kimberly:Like I, I have one cold wallet, and I really want to, I need another one.
Kimberly:And I, and I know what has been recommended to me.
Kimberly:And then I was at the conference.
Kimberly:There was one, a new one that was on the market.
Kimberly:And I was like, "well, that looks pretty good.
Kimberly:And it looks like the user interface might be good."
Kimberly:You know, start reading reviews.
Kimberly:And I don't do anything.
Tali:Because there's so many choices...
Tali:Thank you for joining us today.
Tali:We will continue this conversation tomorrow.
Tali:Be sure to come back and hear the rest.