Personal Reflections: Lindsay wonders how different her life might've been if she hadn't been introduced to Bitcoin 18 months ago after a unique dating experience.
HODLing and DCA: Lindsay talks about the concept of "hodling."
Women and the Moon: A unique take on Bitcoin for women – drawing parallels between female hormonal cycles and the moon cycles, and how they might influence our perspectives, even on concepts like Bitcoin.
Learning Sources: Lindsay's emphasis on finding credible sources to learn about Bitcoin and her personal experience with cold storage.
The Sun and the Moon: Highlighting the complementary roles and strengths of men and women in the world of finance and Bitcoin.
To learn more about Bitcoin: Join the Orange Hatter Women's Reading Club. Visit https://www.meetup.com/womensbitcoinreadingclubwithorangehatter
Please email questions/comments to Tali@orangehatter.com
HODL UP is available at www.freemarketkids.com.
Remember: Knowledge is empowerment! 🍊🎩
Mentioned in this episode:
Free Market Kids Short
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Hi everyone.
Tali:Welcome to Orange Chatter.
Tali:Today you're listening to part three of my conversation with Lindsay.
... Lindsay:I think just really understanding this idea of sound money and what it
... Lindsay:means for my future has been, has been what's like drawn me into Bitcoin.
Tali:So if we play a game and we go back in time to a year ago or a year and a half
Tali:ago, and the person who said opposite you on your first date, was not that person,
Tali:it was somebody else, and he wasn't buying a house with Bitcoin ... can you go back
Tali:to that moment and then think forward and see how differently your life or maybe
Tali:just your mentality or your, your mental state would be different over the the last
Tali:18 months and then also going forward.
Tali:We're just doing pretend here.
Lindsay:Super interesting thought experiment.
Lindsay:Wow.
Lindsay:There's no telling where I would be.
Lindsay:I don't think that I would have found Bitcoin like on my own.
Lindsay:Maybe I would have, but there's no telling when that would've happened.
Lindsay:So even though that relationship didn't, you know, work out romantically, I'm
Lindsay:still so grateful that it introduced me to sound money and put it on my
Lindsay:radar, because I was, when we met, I was just still in a big transition
Lindsay:from travel nursing to, you know, returning to Nashville to put down roots.
Lindsay:I had just gotten out of a relationship, a long-term relationship that didn't
Lindsay:work out, and so I was just kind of recalibrating everything in
Lindsay:my, my whole world of like, okay, I'm, I'm in my mid thirties, I'm
Lindsay:starting over, I'm back in Nashville.
Lindsay:You know what?
Lindsay:Just trying to put the pieces back together and so I really don't know.
Lindsay:I don't know what my life would look like, but I'm, I'm glad
Lindsay:that I don't have to know that.
Tali:So it sounds like Bitcoin has changed a lot of things for you.
Tali:Looking forward, what will you do differently now that you are
Tali:fully convinced that Bitcoin is a thing and Bitcoin is hope?
Lindsay:Yeah, so number one, it's still on my to-do list to consolidate
Lindsay:all of my different, like retirement accounts from all of my different
Lindsay:employers throughout my nursing career.
Lindsay:But, so I, I need to do that.
Lindsay:But I think just putting every dollar that I can into Bitcoin, you know, once I get
Lindsay:all the monthly bills paid and, you know, get things in a little bit better order.
Lindsay:I've heard people at the meetups talk about just buying Bitcoin,
Lindsay:doing dollar cost average.
Lindsay:And like I, I bought some Bitcoin a while back and shortly after that it went down
Lindsay:quite a bit and that was discouraging.
Lindsay:Not gonna lie about that.
Lindsay:And I was like, oh, if I had only waited, you know, a couple weeks to buy.
Lindsay:But Bitcoin has recovered and you know, that feels good, but
Lindsay:the whole time, you know, I'd be talking to other people about my...
Lindsay:you know, it is hard not to feel a little bit discouraged about that.
Lindsay:But the point was that I, I'm a hodler, I'm not in it for like the short term.
Lindsay:And so like this dip that's happening is like inconsequential.
Lindsay:It feels like it is consequential, but it's really not.
Lindsay:So I think just...
Lindsay:it, well, and then like when Bitcoin started coming back up, I was like,
Lindsay:oh, I should have bought more when it was at the, the lowest point.
Lindsay:And so just basically whether, whenever I don't buy Bitcoin, I always regret it.
Lindsay:So I think just continuing to try to stack SATs.
Lindsay:As they say, stay humble stack SATs.
Lindsay:So that's kind of what's next for me.
Lindsay:Just continuing to like put my money where my mouth is, literally.
Tali:Yeah, definitely it's, it's if we're a hodler, and for those of you
Tali:out there who don't know what that means, it's just sort of a, it's a fun
Tali:Bitcoin term, which just means holding.
Tali:So you're holding the Bitcoin, you're not trading Bitcoin, you're
Tali:buying it to preserve wealth, and not to trade it, to try to gain
Tali:the, the, the market price change.
Tali:I mean, dollar cost averaging, that's, that's the most, I would say, emotionally
Tali:neutral way to go because then you, you don't have to try to catch it when it's
Tali:low and try to, you know, benefit from when it's high, you're just looking
Tali:really long term, so that's really cool.
Tali:Any last recommendations for women who are still sitting on the fence?
Tali:Maybe you can reference your love of the moon.
Lindsay:Yes, I do love the moon.
Lindsay:It's a full moon today, actually as we are recording this podcast, so
Lindsay:there is, there's like a, a phrase in the Bitcoin community, like it has
Lindsay:to do with Bitcoin going to the moon.
Lindsay:And basically that just is referring to the price of Bitcoin in dollars,
Lindsay:just going to infinity basically.
Lindsay:And that's, that's kind of when all of us, like hodlers will
Lindsay:be like vindicated or whatever.
Lindsay:My, my thoughts for women who are on the fence, I would just encourage
Lindsay:you to, to listen to someone that's smarter than you are about it.
Lindsay:And there's so many people out there that are so generous with their
Lindsay:knowledge and, you know, I don't know if this approach is for everyone, but
Lindsay:I think there's something to be said for having like a childlike faith.
Lindsay:You know, I, I trusted what I was learning about Bitcoin because I had
Lindsay:already, you know, vetted this person I was talking to and I trusted their,
Lindsay:their intelligence and knowledge.
Lindsay:And so it was, that's kind of what made it easier for me to,
Lindsay:to open my mind to Bitcoin.
Lindsay:That was just my experience, and that's, that's not, that's not how I've learned,
Lindsay:you know, everything that I know.
Lindsay:It hasn't been from that type of process.
Lindsay:But that's how it was for me in Bitcoin is just that, okay, I'm hearing these
Lindsay:people who I can tell are smarter than me talk about why Bitcoin makes sense
Lindsay:and why it solves X, Y, Z problem and why it is really, especially what it
Lindsay:means for people in developing countries.
Lindsay:Like it was, it was easier for me to, to accept like what I was learning
Lindsay:about Bitcoin because I, I could just tell that what the information
Lindsay:that I was hearing was like credible.
Lindsay:So find some credible sources, I guess, to learn about Bitcoin and just
Lindsay:have the conversations, buy some and then put it in cold storage, which
Lindsay:is something that I recently did.
Lindsay:So...
Lindsay:yeah.
Lindsay:And, and even just that experience made it more tangible, actually,
Lindsay:you know, transacting with it.
Lindsay:Even just bringing it into conversations.
Lindsay:Like, I had a guy come to my house to do some pressure washing for
Lindsay:me, and at the end I'm like, you know, okay, I'm, how can I pay you?
Lindsay:And he was like, like we were talking about like Venmo or something, and
Lindsay:it was like, I was like, well, or I can, I can pay you in Bitcoin.
Lindsay:And this guy was, he was really surprised.
Lindsay:I don't think he expected that to come out of my mouth.
Lindsay:But we had a little conversation about, about cryptocurrency that day.
Lindsay:But yeah, just I would say just spend some time.
Lindsay:Learning about it.
Lindsay:It's not too late.
Lindsay:It might feel like it's too late, but I really, I really think it's a, a
Lindsay:worthwhile investment of your time to learn about it, to learn about, you
Lindsay:know, why the dollar is maybe not what you think it is, and see what happens.
Tali:What was that thing you were talking about?
Tali:The hormonal cycles?
Tali:I would like to go down that rabbit hole a little bit.
Lindsay:Yes.
Lindsay:Well, I guess just briefly, I'll just say, yeah, the, the female hormone cycle
Lindsay:is really closely mirrors the moon cycle.
Lindsay:We've got, you know, four distinct phases.
Lindsay:And they all, they all cause us to express ourselves differently
Lindsay:and to process things differently.
Lindsay:And there's, there's a rhythm to it all.
Lindsay:And yeah, I'm really passionate about like women's health and just being our
Lindsay:freest feminine selves that we can be.
Tali:So to follow that train of thought, are you saying that how I
Tali:feel maybe as a precoiner, like I don't know anything about Bitcoin, how I
Tali:feel about Bitcoin might change during different times of the month, just as
Tali:any other new concepts might seem to me?
Lindsay:I think that's definitely possible.
Lindsay:Yeah, I think, I think that's possible.
Lindsay:Like, I can only speak for my own experience, but I, I just have
Lindsay:different perspectives on things in my life at different points
Lindsay:in my cycle, being honest here.
Lindsay:You know, it's generally better to either make or not make certain decisions at
Lindsay:different points throughout the month.
Lindsay:So, yeah, I think definitely taking a stab at learning about Bitcoin in, in all
Lindsay:four phases of your cycle could, could help you have a more well-rounded journey.
Tali:I love that because I know some days like same, same subject,
Tali:I will feel really hopeful and then I'll feel like I hate it and I am
Tali:like, why am I bothering with it?
Tali:And then maybe it's not so bad.
Tali:Like for sure I can feel myself, like the conversation in my head
Tali:being different during different times of the cycle, as you said.
Lindsay:I mean that, and that's our biology.
Lindsay:And I think that we do ourselves a favor when we kind of surrender to
Lindsay:that biology and stop like fighting it.
Lindsay:I know my life got a lot better when I started paying attention and you know,
Lindsay:really like caring for my future self by either scheduling or not scheduling
Lindsay:certain activities or workouts or meetings, like depending on where I
Lindsay:would be in my cycle for those occasions.
Tali:See, our conversation can go anywhere.
Tali:And it's, and it's okay!
Tali:We have to be women.
Tali:Women have to be women.
Lindsay:We, we have, we have a unique experience in the world.
Lindsay:I think that we were created to just process information differently and
Lindsay:I, I think that that's a strength and I, I think we need men too.
Lindsay:I think they have, you know, their perspective on economics.
Lindsay:I think someone that you interviewed recently was kind of talking
Lindsay:about how traditionally men were more financially literate.
Lindsay:And, um, that's, that's still the case in our society, like the
Lindsay:finance industry, banking, even the Bitcoin meetups is predominantly men.
Lindsay:And so I think we can learn a lot from them, and I think they
Lindsay:can learn things from us, too.
Tali:That is so true.
Tali:I think we need both.
Tali:And one isn't better than the other.
Tali:We're just different and we compliment.
Tali:Thank you so much.
Lindsay:Yeah.
Lindsay:Sun and moon.
Lindsay:I love it.
Tali:The sun and the moon.
Tali:There you go.
Tali:Thanks for joining us today and learning with us today.
Tali:If the discussion with our guest resonated with you and you would
Tali:like to dive deeper into the world of Bitcoin, don't miss out on joining the
Tali:Orange Hatter Women's Reading Club.
Tali:The meetup link is in the show notes.
Tali:Also, if there are women in your life whom you think will both enjoy and
Tali:benefit from learning more about Bitcoin, please share Orange Hatter with them.