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JB - "When people ask me about Bitcoin, I'm just like, tell me a better idea."
Episode 8420th November 2023 • Orange Hatter • Tali Lindberg
00:00:00 00:44:24

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From Disillusion to Faith

In this episode of Orange Hatter, Tali explores the journey of JB, a physician assistant who saw flaws in traditional Western medicine and discovered Bitcoin as a transformative force. The conversation touches on the value of Bitcoin in fostering personal freedom and financial stability, despite it being often technically complex to comprehend. A significant emphasis is given to the importance of enhancing self-education on finance and economics.

00:03 Introduction and Announcement of Women's Retreat

01:22 Guest Introduction and Conversation Start

01:56 Guest's Background and Professional Experiences

02:47 Exploring Nutrition and Holistic Approaches in Psychiatry

04:03 Questioning Traditional Western Medicine and Funding

04:35 Discovering Bitcoin and Its Potential

05:00 Personal Experiences with Nutrition and Diet

06:51 Challenges in Sharing Nutritional Approaches in Medical Practice

13:17 Transition to Bitcoin Discussion

13:22 Guest's Early Exposure to Bitcoin

15:09 Understanding the Stock Market and Bitcoin's Role

18:25 Personal Transformation and Bitcoin Adoption

18:42 Building a Local Bitcoin Community

21:05 Reflecting on the Bitcoin Learning Journey

21:45 The Importance of Community in Learning Bitcoin

22:09 Starting a Local Bitcoin Meetup

22:37 The Impact of Bitcoin Meetups and Bitcoin Park

23:30 The Character of Bitcoiners and the Value of Local Communities

25:09 Overcoming Technical Challenges in Understanding Bitcoin

31:00 The Shift in Investment and Financial Mindset

34:23 The Personal Transformation through Bitcoin

36:04 Overcoming Scarcity Mindset and Understanding Bitcoin's Role

38:20 The Spiritual Aspect of Bitcoin

39:25 Advice for Women New to Bitcoin

43:38 Closing Remarks and Invitation to Join the Women's Reading Club

***

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:

Aleia Free Market Kids Sponsorship FULL

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Transcripts

JB:

I think maybe another time in my life I may have brushed Bitcoin off,

2

:

but it was very easy for me to accept

Bitcoin because I'm familiar with big

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systems not working on a really large

scale and that can be hard to come to

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terms with and really disillusioning.

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:

Tali: Hey, everybody.

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Welcome to Orange Hatter.

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Before we dive into my conversation

with our guest today, I want to share

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with you a very exciting project,

the Orange Hatter Women's Retreat.

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The mission of this retreat is to create

a nurturing sanctuary where women in the

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Bitcoin space can connect with each other,

recharge batteries, find grounding, and

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form deep friendships so that you don't

feel so isolated where you are sharing

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the potential of Bitcoin with the world

while keeping an eye on the fiat system.

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This retreat is going to

be absolutely amazing.

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I am partnering with the

Yucatan Project in Mexico.

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The details will be rolled

out later this week.

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Keep an eye out on Twitter

at Orange Hatter Pod.

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I'll give out more information

as they are finalized.

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Spaces are very limited, and

they're going to fill up fast.

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So sign up for it when the registration

and I will see you in Mexico.

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And now we're going to.

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Continue with our podcast.

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Here is my conversation with

our wonderful guests today.

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Welcome to Orange Hatter JB.

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It's so wonderful to have you here.

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Thank you for joining us and

sharing your Bitcoin story.

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JB: thank you for having me.

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It's really excited to talk to you because

I just just recently saw you in person.

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So it's very familiar coming

back after grassroots.

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Tali: Yeah, I'm so glad we got

to meet each other in person.

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Get to know each other.

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better.

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And now I get to share your

story with our audience.

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So very excited.

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Let's start by just telling us a

little bit about your background.

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JB: So, right now I work

as a physician assistant.

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, I work in a local

hospital, small hospital.

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My, sub specialty is in psychiatry,

which is, , consult liaison psychiatry,

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and we, we work a lot with people

who, , are hospitalized on the medical

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floors or maybe coming for triage in

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the ER.

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Tali: you were sharing some feelings

about your professional experiences,

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even before you came across Bitcoin.

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Would you mind sharing

a little bit about that?

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JB: Yes, , so I worked at another

hospital in, um, I've worked

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various jobs over the past years.

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, the longest thing in psychiatry and, a

few, several years ago, I saw some folks

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and coworkers have adverse effects to

some of the things that are required

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to work in the medical industry.

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And I was really looking into

nutrition and more holistic ways

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to try and help my patients.

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I felt like I kind of maxed out what

I could do with medications and I was

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reading a lot about nutrition, a lot about

functional medicine and then kind of.

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I had some experiences where I saw

some folks have some adverse effects

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that should have really been minor

and statistically, I probably never

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should have seen if the stats were

right on those adverse events.

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And so that got me really curious

and looking closer at some things

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and traditional Western medicine.

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And I think, I just realized that

there is a lot more that can be done.

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I think from a lifestyle food

approach, we don't get much

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nutrition in medical school.

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I was really kind of naive about that.

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, and I think there's, I think we're waking

up to, , there's a lot that we don't know

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that we don't know, , in Western medicine

that maybe other disciplines kind of have

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the jump on us in terms of nutrition and.

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And that sort of thing.

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, but also the people I work

with are really smart.

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They're very intelligent and well read.

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, and so it was kind of this moment of

disillusionment where it was like, how can

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such a big industry like this be missing

some of these things that are so simple?

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, and I think.

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That led me to look further at, where the

funding comes from , in the medical world.

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And, , , potential conflicts of

interest in terms of our education,

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who, who funds our journals

and, and those types of things.

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And, um, I think the statement I was

making to you earlier is that , trying

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to understand how that happened on that

scale, , and how maybe we've overlooked

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some things like diet and lifestyle,

, really primed me, , to maybe accept.

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That there's issues like that things

going on on a scale , in our government

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and our, our banking industry.

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, and so.

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When I learned more about Bitcoin, and

when I paid more attention to Bitcoin,

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it was very, I think, maybe another

time in my life, I I may have brushed

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Bitcoin off, but it was very easy

for me to accept Bitcoin because I'm

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familiar with big systems, not working

on a really large scale, and that can

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be hard to come to terms with, and, and

really, , disillusioning, or, cause

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a lot of disillusionment if you have

been living in another larger market.

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or making other assumptions.

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Tali: So , when you started exploring

things like nutrition, diet,

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JB: That's a great question.

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Initially.

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, I think I've always been

a detail oriented person.

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I think people always advise

me not to overthink things.

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So people are kind of accustomed

to me going down rabbit holes, you

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know, and that's why I work on a

medical service or work with the

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medical services like I do now.

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I enjoy that.

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Uh, you know, for me, it was

more of a personal experience.

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I was, uh, reading about

different nutritional protocols.

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, the Walsh protocol is one.

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I really, I wound up doing

his conferences and CME.

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I really enjoyed that.

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And so what was happening for

me was I was eating better.

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I was cutting some things out of my diet.

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I was supplementing a few things

like minerals and B vitamins and

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just really seeing this amazing

change in my short term memory.

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, and that was helping out my anxiety.

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I probably was the person that

you could Spin in the ADHD anxiety

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categories and that just really

helped it transform for me.

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and so, you know, everything we do in

western medicine is evidence-based,

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and you have to be really careful

about doing anything that there

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isn't good published literature for.

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But I was trying to show up at

work in my own way and be like,

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wow, this is really working for me.

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And I've, cut out all medication and I'm

sleeping better and I'm dreaming better.

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And, you know, honestly.

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People were like, oh, that's great.

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But when I tried to really be more

specific about what was happening , and

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direct people towards books or things

like that, nobody, nobody believed me, you

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know, they just kind of had me on the head

and I felt like, gosh, I'm really feel

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like I'm shouting this from the rooftops.

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Like, this could be really great

and I think that I wonder if maybe

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there's some part of , our training

in Western medicine that sort of

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leads us to dismiss the power that.

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Just those simple changes can have.

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It was not, I don't want to say it

wasn't, well received in that sense,

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but I think it was just more dismissed.

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I think people thought it was really

overstating the benefits that I

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was getting and also I think kind

of the assumption that like, if

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that was that great, we would have

figured it out by now, you know,

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it would be in all the journals.

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It would be in all the literature.

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, and so that.

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I think that's a really long explanation.

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and I think everybody has to come

to their own conclusions to why

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that's maybe that, you know, we

don't have an emphasis as much.

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I think it's starting to happen.

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We're seeing a big push and integrative

and functional medicine and there's

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a lot of people in that that have

a prescribers license or a medical

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license that are adding that into their

practice and taking a closer look at it.

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Tali: Were you allowed to talk about it

with your patients or were you forced

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to keep that information to yourself

because the association that you're part

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of maybe doesn't support that or condone

the sharing of outside information

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JB: Um, you know, I think there was

there were certainly we have we have

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students a lot in the hospital or

is that so we would do literature

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reviews and look at the quality of

data for things like simple things like

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supplementing magnesium or things like

that and it's just not , sometimes this

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may have changed several years ago.

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It's not as robust as say, like a

cardiology study or something where.

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You can scale that and, and really look

at something that's a one or a zero.

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It's hard sometimes in

psychiatry to get hard figures.

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So I think people did entertain

the idea of doing a literature

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review, , but there's not always

an abundance of literature in the

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traditional journals out there.

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That's robust.

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That really has a high end and is

really done well, , and so, you

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know, somebody could always make

the case that, oh, there's not,

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there's not good evidence for that.

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It's very easy to say that and be right.

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, and so I think people have to

kind of ask the question, well,

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why isn't there good evidence?

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Why aren't we doing more robust studies?

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And I think that's really where, you

know, I leave it up to everybody to

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kind of decide, , and do their own,

you know, such an overused phrase, but

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do their own research on that 1, and

kind of that's just food for thought,

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but I think if, , you know, having

that conversation with people about.

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Thank you.

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Really simple things like cutting out

sugar and caffeine in their diet and

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just really practical things that I

think anybody Can get behind definitely

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was something that I became more had

a lot more conviction about But as far

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as really specific protocols, I did

actually pay to fly one doctor with

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me To the conference I want to say

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and I can't remember he he wound up I

think eventually go out into private

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practice and do that in private practice

Last that I heard, but we haven't

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we haven't been keeping up together.

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Tali: the reason I ask is because I had

a friend who was a pediatrician and in

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order to practice, you have to be a part

of the American Pediatric Association.

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And I remember meeting up with

her when my oldest daughter was

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four months old, and she said

Tali , the back of her head is flat.

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And I said, okay, I don't, you

know, I don't know what shape.

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I mean, it just looked like a head to me.

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But she said, she said,

Tali, her head is flat.

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You need to sleep her on the side.

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And I said, but my pediatrician

emphatically told me from day one

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that I need to sleep her on her back.

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And she said, she's restricted to follow

the American Pediatric Association.

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She could not tell her patients who were

coming into her practice with babies with

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a flathead to sleep them on their side.

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But she said, I'm telling you right

now, my own children, they sleep on

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their side because If they sleep on

their back, their head will be flat.

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And then you see these kids being pushed

around strollers wearing those helmet

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JB: Yeah,

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Tali: trying to reshape the head.

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JB: yeah,

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Tali: So she said her hands are tied.

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She can't tell her patients what

she's doing herself with their kids

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because she would get in trouble

and she would lose her license.

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But she said in private, I am telling you,

you need to sleep your baby on the side.

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So I'm just wondering if

there's something like that in.

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Your specific area that prevented

you from sharing outside information,

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about using nutrition or diet to

improve psychiatric condition.

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I'm just trying to understand if there

are parallels that we can be drawn here.

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JB: I think so, I think the general

answer to that question is yes, I

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think there is some testing you can

do to sometimes support nutritional.

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Interventions, , it's hard because

the protocols that are in the,

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maybe, like, the private arena, , the

standard lab that you're using, they

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may use 1 reference range is normal.

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And then your protocol may say, okay,

a different number is not normal.

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And, you know, your hospital lab is

going to call it as they, as they see it.

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And so.

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, yeah, I think especially as a, as a

physician assistant, I'm practicing

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under someone else's license.

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I'm, I have a supervising physician

and so I won't step outside of

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what they're comfortable with.

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And I was, I was fortunate at the time

to have actually worked with a physician

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who had owned a, like a supplement

store and had been in the integrative

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arena at another point in his life.

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So he was really accepting, , of my

views, but I think clinically we have

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to practice evidence based medicine

and, , you know, there is a downside to

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supplements and things like that too.

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They are powerful.

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And so people can also not tolerate them.

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, and so I certainly didn't want

to give someone something that.

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Okay.

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You know, can have untoward consequences

and then have them be even more anxious or

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feel worse and then leave the hospital and

then not have someone to follow up with.

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So I would say at the time I

treaded it very lightly with that.

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, and definitely stay within reason of

what's in the published literature

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and what's accepted as general.

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You know, general medical recommendations.

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I was and still am very aggressive

about checking for things like B12

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deficiency, things that are really

generally accepted to cause psychiatric

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illness and can be great mimicers and

look like, look like different things.

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And so I think at work, people know

if they're consulting and they just

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like, go ahead and order the B12

level, they're like, Oh, JB, we're just

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gonna put this order in now because

she's going to come do it if we don't.

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And so that's great.

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I'm glad to have that influence.

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Thank you.

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, and so I go for kind of the low hanging

fruit on things like that, and then just

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talk to people about generally accepted

diet and lifestyle and cutting out things

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that maybe could be undermining them,

especially in terms of anxiety and things

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like caffeine and that sort of stuff.

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Tali: Cool.

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Okay, so now let's talk Bitcoin.

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JB: Yeah.

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Tali: first hear about Bitcoin?

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JB: Oh man, this is, this is, so my

Bitcoin story is a little embarrassing.

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I, I heard about Bitcoin way back

when I had friends in college

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that were mining Bitcoin when

it was, , fractions of a penny.

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, and so I, but I really did not understand

what it was and they mentioned it in

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passing and I was like, oh, that's cool.

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My super computer nerd friends are

doing this interesting thing and they

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sort of framed it as like, if you.

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if you're in another

country, maybe it's unsafe.

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You can have this electronic

wallet and no people can't rob you.

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And I kind of sort of understood it.

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And I was like, well, that's cool.

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And maybe, maybe one day they'll be able

to use dollars, you know, and it had no

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clue, just totally checked out pre med

student, not really into politics, not

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really into banking, econ, finance, I

liked history, but didn't really know

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it, , from that standpoint and then,

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You know, I had, I had done a

fellowship in psychiatry at one point.

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, and I had tried to check out and

do something totally different,

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which was trade stocks.

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So I knew a little bit

about trading stocks.

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And then when I got further along

in my career, I started looking at

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retirement in the meantime, the 2017.

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Run had happened.

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And, , so I had heard about that just by

way of knowing people that had been early

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miners and, , it was on my radar then.

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I still didn't realize it was something

that I could buy on an exchange.

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I didn't know anything about that.

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And then, but I did

want to retire someday.

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And I was recognizing that inflation

was taking a toll on my life, but just

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didn't really have the words for it.

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And I kind of did the

whole Dave Ramsey thing.

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I did the whole, you know, learn

about index fund investing.

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And that was cool, but it just

didn't seem like it was going

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to get me where I wanted to go.

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and so then I started looking at.

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Different things like managing my own

retirement portfolios, all the things

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they tell you not to do and looking at

different stocks and following the market.

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And I think two things that

happened, one is, , I was reading

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a book on how the market moves

and how volume moves the market.

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And there was a book that was about who

moves the world it was about insider

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trading, I guess you could say, or

presumed insider trading in the market and

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how they were able to witness that and,

what markets look like before they crash.

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And I just thought that

was absolutely fascinating.

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And then separately, one of the stock

picker guys that I was following was

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really talking about Bitcoin a lot.

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And so it's interesting

because traders get a lot of.

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People don't like traders in general,

or they say, , somebody wins the

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trade, you know, there's a losing side,

but, , traders are interesting people.

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and I think it's, it's in a

way, it's like a sport to them.

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They really train for it.

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You really have to be aware in

your mind of what you're doing.

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So you don't sabotage yourself.

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Um, and they read a lot about

the fundamentals of companies and

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they certainly know about things.

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Like potential insider trading or

corruption in the stock market.

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So, , finally I had read about

Bitcoin and I came to the Bitcoin

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standard and I read that and then I

read the creature from Jekyll Island.

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, and I had actually joined the

trading room, the options trading

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room and seen firsthand, , big block

trades, , essentially move the market.

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And.

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I had seen them trade early before events.

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I had bought, Tesla, I'm going to

say in, in:

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didn't know what I was doing.

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I mean, I want to be clear the whole time.

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I had no clue what I was doing.

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Um, and that's probably still true to

some degree, but, you know, Tesla had,

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had Stock split five times and gone up.

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you know, it would have been an insane

ROI had I held on to it, but you know, Jim

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Kramer had really gotten after Tesla and

kind of dogged it out on the television.

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And I was up, you know, like, I think my

ROI was like, 300 percent or something.

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And so I thought, Oh, it's Tesla.

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They're ruined.

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I'm you know, sell my stock or whatever.

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And then of course, we all know

what happened after that, , split

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five times and rallied to almost

a thousand dollars a share.

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Yeah.

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And so I had become aware, , that

certain people hold the view that.

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Influencers in the market can sometimes

be used to create exit liquidity for

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big hedge funds or big institutions.

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And I had become aware that

you can't always believe what

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you see on on television.

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And so I was so curious, , and this

now was COVID had started to happen.

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And so the lockdowns were happening

and I had more free time on my hands.

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And so I was in and around

these options trading room.

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I was not trading options.

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I'm not that good of a trader I have

no business going anywhere near them

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But I could actually see in real time

what was happening and and watch the

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news cycles And then see the trades

Happening big block trades happening.

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And so that was again really kind of a

period of disillusionment and then at

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the same time , in that same vein during

COVID, Jack Mallers was launching Chivo

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Wallet in El Salvador and, , doing all

these interesting and wonderful things.

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And so COVID was a really dark,

dark time for a lot of people.

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It was difficult working in the

hospital and, it was difficult accepting

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that maybe things weren't the way

I thought they were in the world.

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And.

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Bitcoin was this really cool, , area

of light to focus on where it's

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like, Hey, maybe there's a way

out of these inflationary cycles.

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, , so I started going to our local meetups.

343

:

And I met our organizer there

that organizes our local meetup.

344

:

I now help him co organize, but really

the creature from Jekyll Island, you

345

:

know, I went upstairs one day and

read an insane amount of that book.

346

:

I still, I don't think I've actually

finished it, but the majority of

347

:

that book and it just came downstairs

a completely different person.

348

:

I don't know.

349

:

Have you read that?

350

:

You have.

351

:

Okay.

352

:

So you know what I'm talking about.

353

:

Tali: I have not.

354

:

Scott read it.

355

:

And every night he would rant about

356

:

JB: Yes.

357

:

Tali: so I feel like I read

it, even though I didn't.

358

:

Now I'm just, I don't

want to be depressed.

359

:

You know, it's a, it's

360

:

JB: Right,

361

:

Tali: there when you start looking

at our monetary system, even with

362

:

Bitcoin, it just gets very depressing.

363

:

You just start to question human

nature, you start to question

364

:

intentions, because I tend to like

To think that most people are good.

365

:

, most people want to do the right thing.

366

:

And when you read books like

that, you're just like, really?

367

:

Seriously?

368

:

Yeah.

369

:

JB: So needless to say I came downstairs

a completely different person and

370

:

, I'm from the South, bless, bless my

poor ex partner's heart at the time.

371

:

He was just like, what

happened to my girlfriend?

372

:

You know, I really do

have sympathy for him.

373

:

But I think probably, I'd love

to hear Scott, I'd love to

374

:

hear Scott's side of this too.

375

:

, because we had to have a safe word in the

house in case I talked about Bitcoin too

376

:

much and finally he was like, Oh my gosh,

can we please talk about something else?

377

:

And so I got like a sweatshirt

that said freedom on it.

378

:

And then the O was a Bitcoin, of course.

379

:

And then once a week I could go

out to my meetup and we were all

380

:

there leaning on each other.

381

:

And, everybody was having

the same experience.

382

:

It was like, I just need to get

out of the house and go talk

383

:

about Bitcoin with my friends.

384

:

And then, fast forward now, I think

we're almost 2 years that , we initially

385

:

were meeting weekly because we all

really needed that during covid.

386

:

And then when the, when life resumed,

, and things have opened back up, we

387

:

went to bi- weekly, but then still with

informal meetings on our week off because.

388

:

Yeah.

389

:

, there's probably we don't have a

really robust Bitcoin theme like

390

:

Austin often or Nashville do here.

391

:

There's people that are interested.

392

:

, but it's a small community.

393

:

And so we really flock to each other.

394

:

Anytime we get the chance, no one else in

our personal lives wants to hear about it.

395

:

Tali: when Scott really started to

pay attention to Bitcoin, he started.

396

:

listening to all kinds of podcasts.

397

:

He was reading book after book after book.

398

:

And he was sending me like three

podcasts a day to say, Hey,

399

:

you need to listen to this.

400

:

And oh, by the way, here's a book and

here are two more and there are three

401

:

more and just like throwing stuff at me.

402

:

. So our safe word is the hand,

you know, like if I put up the

403

:

hand, that's too much, you know?

404

:

Yeah.

405

:

And, uh, but.

406

:

But it took him two years.

407

:

It took him two years before he could

convince me that Bitcoin was real.

408

:

And then of course, when I started

going down the rabbit hole, I

409

:

was like, why didn't you grab me

410

:

JB: Right.

411

:

Right.

412

:

Tali: and sit me down, you know,

but I guess I wasn't ready,

413

:

but he did try really hard.

414

:

And kind of like what you're

saying, we just didn't have.

415

:

Anybody in our personal life who

we could go to to ask questions.

416

:

I think that would have made

a huge difference for me

417

:

personally, but we had nobody.

418

:

It was all, all of our

learning was from a distance.

419

:

There was no Bitcoin meetup here.

420

:

That was

421

:

JB: You started your meetup, right?

422

:

That's right.

423

:

Tali: Yeah, we started it.

424

:

Our group is very small.

425

:

We are still struggling

to find local Bitcoiners.

426

:

I would say almost every single

person who's in our meetup

427

:

right now, we met in Nashville.

428

:

We would be in Nashville, milling around

and we were introducing, , where we're

429

:

from and we'll say we're from Louisville.

430

:

They're like, no way.

431

:

We're from Louisville.

432

:

What?

433

:

Where are you?

434

:

And then we'll find out

that we're really close.

435

:

And then when we started the meetup,

we were able to get together, but I

436

:

think I met almost every single person,

except for one person Bitcoin Park.

437

:

JB: yeah.

438

:

I love Bitcoin Park.

439

:

And that was a huge, that was a huge,

turning point for me is being there

440

:

and actually meeting the people that

are working in the Bitcoin space and

441

:

just seeing that really the content

of their character., it's amazing.

442

:

being around other Bitcoiners and

particularly at our grassroots where

443

:

the meetup organizers meet in that

Bitcoin park with Rod and Matt and now

444

:

Harry, that is really a special place.

445

:

And, coming with my interest in health

and nutrition and looking at Western

446

:

medicine through a different lens.

447

:

When I got there, everybody

else was already doing that.

448

:

They were like, yeah,

okay, yeah, we eat healthy.

449

:

And I was like, wow, these people

already, they know, this is this kind

450

:

of incorporated into their lifestyle.

451

:

And I think my favorite thing

about those people and often

452

:

the people that run meetups.

453

:

Every single person that I've met that

runs the meetup is big winners like to

454

:

know how things work Like they're going

to get to things on a very granular

455

:

Level and look like they're going

to go molecule deep and they want to

456

:

understand how it works from the ground

up And also just really well intentioned

457

:

people in the space And I think if

people are coming into the Bitcoin space

458

:

or have questions about Bitcoin Even if

they haven't bought any Bitcoin yet, I

459

:

think one of the best things you can do

is just start circulating in the local

460

:

meetups in the local communities and

just meet the people that are working,

461

:

, the developers that are working on the

projects or the people that are building

462

:

apps on lightning or, , doing things to

create a circular economy and just let.

463

:

Yourself be the judge of the

content of their character

464

:

and how you feel around them.

465

:

, I feel really good

around other Bitcoiners.

466

:

I can sit in the corner and not say

a word and just listen to, you know,

467

:

what other people saying in the, in

the room and be completely , content.

468

:

And, you know, there's people who

disagree in the Bitcoin community,

469

:

but they can handle that and they

can talk about that in a way that's

470

:

constructive and, give each other a

good ribbing and spicy conversation

471

:

and it's okay, and I think that.

472

:

, when people are speaking their truth

and living in their truth, they're not

473

:

threatened in a time when there's been

so much these past few years, that's

474

:

polarizing and so much that divisive,

it's really nice to be at conferences

475

:

and places around people where they can

have a civil disagreement and really

476

:

have constructive conversation about it

and you know that both sides are well

477

:

intentioned, they're trying to, build

something, , to support their communities

478

:

and help undo some of the damage of the

inflationary environment that we're in.

479

:

Tali: Yeah, definitely.

480

:

, okay.

481

:

So thinking back to those first few

months, let's say, , during COVID

482

:

when you were first really diving in

deep into, , what Bitcoin is and how

483

:

it works and everything, what was

your biggest question or the biggest

484

:

obstacle you had to get over to be

convinced that Bitcoin is real and is

485

:

something you should pay attention to?

486

:

JB: Ooh, that's a really good question.

487

:

Um,

488

:

I have to think on that.

489

:

I can tell you one that I still

struggle with right now is, Like I was

490

:

saying, stakeholders like to understand

things I think on a granular level.

491

:

I am not a developer.

492

:

I am not a technically enabled person.

493

:

, I can use a smartphone intuitively and

I can type pretty quickly, but that's

494

:

how all you're going to get out of me.

495

:

And so I think like when things

come up like with the ordinal or

496

:

there's network congestion and.

497

:

You know, in medicine, I

can go back to the books.

498

:

I can go back to gen chem.

499

:

I can read journal articles

and I have the, basic science

500

:

understanding . In Bitcoin.

501

:

I don't have that.

502

:

And so I have to look to other people

like our meetup organizer, Craig.

503

:

I have to look to the tech

people to translate for me.

504

:

What's happening?

505

:

, you know, the box size words.

506

:

I understood pretty well, but I

think understanding how lightning

507

:

network is going to scale and

looking at the hurdles that the.

508

:

Network it needs to overcome.

509

:

I think I'm intimidated by that,

because I can't look at the code or say,

510

:

okay, I understand this at this level.

511

:

And so I think trusting that those

problems and that what they're trying

512

:

to do to make Bitcoin more accessible

for daily use and uncomplicatable

513

:

to borrow a word, I think trusting

that, that that's real, that we can

514

:

do that and that those problems exist,

that they will be solved, I think is.

515

:

, I'm much more comfortable with now

that I've spent time around people

516

:

that code and do the developing

and I can see how they think and

517

:

have more discussions about that.

518

:

So, I think really.

519

:

For me, it was getting past the

fact that I don't understand

520

:

the technical level of it.

521

:

And I'm, I'm used to having a nuts and

bolts understanding of things that I.

522

:

Invest into that amount.

523

:

Or I thought I did, maybe I don't know.

524

:

I mean, that's that's the

whole whole gist of it.

525

:

But at least at work in my professional

space, when I make really big life

526

:

changing decisions, potentially for

me or my patients, I feel like I'm

527

:

doing it from pretty solid ground.

528

:

But the Bitcoin network's

been up for 14 years now.

529

:

, and so I think that in and of

itself is a testament as we see

530

:

other kind of challengers in

the crypto space come and go.

531

:

that does a lot.

532

:

Tali: Yeah, I definitely agree

with you about having to rely

533

:

on somebody else to translate.

534

:

The technology or the, , the debates for

you so , like you said, there are some

535

:

things in life that we feel like we have

a pretty solid understanding and even

536

:

if somebody introduces a new idea, we

have something to go on to evaluate it,

537

:

whereas in Bitcoin space, it's so foreign

and like you said, if you go to, if you

538

:

spend time with developers, actually,

I have been so impressed when I go to

539

:

the BitDev meetings, how Long term,

they have to look down like they have

540

:

to look 10, 20, 30 steps down the road

and have philosophical discussions and

541

:

debates to code what they're coding now.

542

:

So these are very intentional

people very smart, like you

543

:

said, and nobody can predict the

future, but they do their best.

544

:

And that's why those discussions where

they disagree are so, so valuable, because

545

:

JB: Right.

546

:

Tali: if you disagree, that means you're

looking at it from different points of

547

:

view, and that's actually a richer and

better and more big picture way of looking

548

:

at solving a problem or a potential

problem, trying to predict what the

549

:

their code has to solve down the road.

550

:

I mean, that's a big job.

551

:

And the more All right.

552

:

time you spend with these people,

the more, just feeling their energy.

553

:

Like for me, feeling somebody's

energy in person is a big thing.

554

:

And, uh, you learn to trust that

they all have good intentions.

555

:

JB: Yeah, I hundred, a hundred

percent agree with that.

556

:

And I think, I have fallen

out of step with doing that.

557

:

Just I've switched jobs eventually and

have been working more and I haven't used

558

:

to drive to Nashville pretty much on a

monthly basis and was really keeping up

559

:

with the current events in the Bitcoin

community and just was switching jobs.

560

:

I haven't been doing that as much, but

definitely coming to both the Atlanta

561

:

conference, the tab conference, and

then, , grassroots is refreshing on that.

562

:

And given, you know, back my

conviction, not that it was lost, but

563

:

it was just kind of quiet for a bit.

564

:

I was like, oh, man.

565

:

I think Bitcoin has just become

so integrated into my life.

566

:

You know, when you're first into it,

you're kind of looking at the price and

567

:

you're talking about market cycles And

then you just kind of come to, as you

568

:

come to understand what it is and what

we're hoping it will do for us, you sort

569

:

of thought, I don't, I can't remember the

last time I checked the price of Bitcoin.

570

:

, I can't really remember the last time I

thought about another coin and people,

571

:

you know, will ask me about other coins.

572

:

I'm like I'm sorry.

573

:

I just really can't even tell you.

574

:

I don't even really have an opinion.

575

:

I don't follow any of that.

576

:

And it just sort of fades.

577

:

, , I think my entire thinking about Bitcoin

has shifted in the past two years.

578

:

And it's just sort of become

a almost way of life, but it's

579

:

just there in the background.

580

:

it's something that I, when

I came on this podcast, I was

581

:

like, what am I going to say?

582

:

That's not depressing.

583

:

I don't want to say a bunch of

depressing stuff and that that is

584

:

where I turn my attention at the end

of the day, like, when I want to reward

585

:

myself, or I want to take a break.

586

:

It's like, okay, let's

see what's going on.

587

:

What are people building?

588

:

What are the developers up to, ? Was

the spicy disagreement this week,

589

:

you know, , and I think that that

is definitely been, a ray of a ray

590

:

of light, in a time when things are

really uncertain in our country, , that

591

:

it provides a lot of consistency.

592

:

Tali: okay.

593

:

So you went down the Bitcoin

rabbit hole during COVID.

594

:

You've been in this space

fully committed now to Bitcoin

595

:

specifically for about two years.

596

:

So when you turn around and look

at the past two years, how do you

597

:

see your life has changed because

of your involvement in Bitcoin?

598

:

JB: Oh, my gosh, girl, I burned it down.

599

:

No, I'm just kidding.

600

:

, I think I, I look at things

very different politically.

601

:

I kind of always I'm sort of back

to where I started with, which

602

:

is like, I didn't really want

anything to do with politicians.

603

:

They always seem kind of off and weird

to me and I still have that conviction.

604

:

But I do pay attention more to what's

being said in the news and at least what

605

:

people are purporting your platform to be.

606

:

So I'm probably more of a

political person., so the question

607

:

is, how is my life different,

like, how has it shaped my life?

608

:

I definitely invest differently.

609

:

, I think I have found a financial

advisor that is Bitcoin friendly.

610

:

I have not been keeping up my

side of communication there.

611

:

I need to check back in with him.

612

:

, I did the whole thing.

613

:

I did the buy a whole coin, lose a

whole coin, trusting it to a friend.

614

:

You know, initially I was looking

at other coins because I didn't

615

:

understand what Bitcoin was.

616

:

Went through that whole thing.

617

:

So all the stories, had the old

car that you keep , don't, so you

618

:

don't have to have car payments

so you can buy more of a Bitcoin.

619

:

Every, every kind of stereotype.

620

:

I definitely have, have lived

that and, you know, had the big

621

:

financial loss and doing dumb things.

622

:

And so now I would say I use that a

lot more understanding that my dollars

623

:

later are going to be worthless.

624

:

So I finance things

where I might not have.

625

:

I was raised in a family where debt

was this really bad evil thing.

626

:

, I really gained a lot of insight

into, , scarcity mindset and having

627

:

that mindset around wealth and money.

628

:

That's definitely something that I

think is inherited in our family.

629

:

Really coming to terms with shame

around money or shame with having

630

:

something or having wealth.

631

:

That's been really interesting journey

that I don't think is over yet.

632

:

And just looking at longer term things.

633

:

So, like, I was talking with you

before about looking at something

634

:

like, , a car wash for definitely not

passive income, but income where that

635

:

can be, , a type of income that can

be generating, , cash flow, maybe,

636

:

like, while I'm working another job.

637

:

And so, , just looking at different

types of investments, And just, yeah, I

638

:

mean, just paying a lot more attention.

639

:

They have that thing.

640

:

There's people who understand economics

and then there's people who work work

641

:

for them, you know, if you don't.

642

:

And so I think my focus now is really

trying to catch up on understanding

643

:

economics and finance, but also

just feeling really a drift on,

644

:

How to invest with the Bitcoin

being part of, there's a lot of

645

:

people that just are like all

Bitcoin and like they own a house.

646

:

They are kind of set in certain

ways and they just go all Bitcoin.

647

:

I have friends that have pulled

their entire retirement out, cashed

648

:

it out and put it in Bitcoin.

649

:

It's definitely not financial advice

for me, but, , so I think trying to

650

:

figure out where that is for me in

terms of retirement And how, because

651

:

like you said, it's a very long

term, people have a very long term

652

:

outlook that are investing in Bitcoin.

653

:

And so, to, I don't think I was

very good at visualizing what I

654

:

wanted that to look like before.

655

:

So answering those questions

has become more concrete.

656

:

For me, for sure.

657

:

And then also I had some unpopular

beliefs during COVID, tend to take

658

:

off both sides, so I think for me,

it was a very lonely time, my family

659

:

and I don't see eye to eye on things

and we're always going to talk to

660

:

each other and be around each other.

661

:

, but just definitely.

662

:

I was an outlier in my work

environment, my home environment.

663

:

We had a personal tragedy

in my ex partner's family.

664

:

That really took a lot of our

time and was very stressful.

665

:

And we ultimately ended up separating.

666

:

And so there was kind of this void.

667

:

Where I was adrift from the community

I had been in before, and I was always

668

:

kind of this fringe health person that

people were like, oh, that's so cute.

669

:

And then suddenly I was this fringe

health person, and it was like,

670

:

wow, there's a lot of space here.

671

:

But I will say that that space is

being filled with things that I think

672

:

fit me a lot better as a person, and

I've come to know myself a lot better.

673

:

I think people found out who they were the

past couple years and what they're willing

674

:

to compromise on and what they're not.

675

:

And I have a lot of conviction, and

I don't think I've ever had that much

676

:

conviction about anything in my life.

677

:

, when people ask me about Bitcoin,

I'm just like, tell me a better idea.

678

:

, I don't have any better ideas, , and I

think some of the smartest people in

679

:

the world are working on Bitcoin right

now, in terms of the development, I

680

:

definitely try to get quiet and listen

when they're in the room talking and

681

:

learn as much as I can from them.

682

:

And I think Bitcoiners are the

type of people that if they saw

683

:

a better idea, they would say so.

684

:

Or they would entertain in

a discussion or a debate.

685

:

And so far in the past decade or

more, that really hasn't happened.

686

:

Tali: I want to circle back and ask

you a question about something you

687

:

just said that I find very fascinating.

688

:

You mentioned that your family

don't go into financing of any kind.

689

:

Did I catch that right?

690

:

Okay.

691

:

And then you also mentioned that you are

trying to reverse a scarcity mindset.

692

:

So I'm just wondering how you tie

those two things to Bitcoin and how

693

:

Bitcoin is helping specifically.

694

:

JB: yeah, that's a, , a

really good question.

695

:

So, yes, my parents, I love them dearly.

696

:

They're from a very hard working

community in upstate New York, and they

697

:

kind of have that, like, you're born,

you pay taxes, you die attitude and

698

:

your value really comes from your job.

699

:

and they definitely have that kind of

mindset, like, if you make money, or

700

:

if you earn a lot of money, you must

have taken something from someone.

701

:

so I think for me, there was a profound

sense of guilt, and this is why I say I

702

:

do have respect for traders, because if

you have any sort of subconscious thing,

703

:

or, , scarcity mindset, with that, it's

going to find you in your subconscious

704

:

when you're interacting with money on such

a direct level, and it, it came for me,

705

:

, if I made money trading, I felt guilty.

706

:

I felt like I had to give it back.

707

:

and that's something that

I still rest wrestle with.

708

:

I hope that's answering your question.

709

:

, I think Bitcoin helps with that because

Bitcoin forces you to look at things

710

:

on such a higher timeline, such a, , a

longer time, like 5 to 10 years, and

711

:

it forces you to really be honest

with yourself about what's going on.

712

:

On in the world, when people learn

about Bitcoin, one of the most

713

:

important things is the education

about the financial system.

714

:

I always say there's two types of people.

715

:

If you think everything's fine and,

and going on well with the government,

716

:

you probably don't want to talk to me.

717

:

If you think that , maybe some things

could be better, or you think that

718

:

maybe they don't always have your

best interest at heart that's probably

719

:

the person that I'll invest my time.

720

:

Talking with, , and so I think

Bitcoin and needing to do something

721

:

about we all have to figure out in

this environment as we move into

722

:

this post COVID world, lots of money

printing, our dollars being devalued.

723

:

We want to take care of our

families, our neighbors, our homes.

724

:

We have to figure out how

we're going to do that.

725

:

And Bitcoin forces us to one, be

honest every day, because you're doing

726

:

this thing that's contrarian, right?

727

:

And you're doing it with your

money and your livelihood.

728

:

I personally, I view, Bitcoin for me,

it's very, it's almost very divine.

729

:

It's like this almost like

divine intervention and it's very

730

:

equal in how it treats people.

731

:

, your money is treated the same

on the Bitcoin blockchain as say,

732

:

like Elon Musk's money would be.

733

:

and so it's very fair.

734

:

I think , there is a spiritual community.

735

:

There's a thank God

for Bitcoin conference.

736

:

, I don't know if I have words for it

yet, but those are the people that I'm

737

:

absolutely the most comfortable around.

738

:

, I think for me, Bitcoin is an

equalizer in a lot of ways.

739

:

And, I don't know how

that's going to unfold.

740

:

but what I have seen is my, some of

my friends who are very, you know,

741

:

cypher punk, it's a one or it's a zero.

742

:

There's not a lot of space

for spirituality there.

743

:

I think it's interesting that they

have, especially in the times that

744

:

we're living in now, they have sort

of felt almost more aligned with

745

:

people that have a spiritual belief

or any sort of religious conviction.

746

:

I think there's an

interesting parallel there.

747

:

To believe in something that strongly

and to be using it for the good of other

748

:

people and with those kinds of intentions.

749

:

Tali: Any last recommendations

for women who are still sitting

750

:

on the fence about Bitcoin?

751

:

, JB: I think I said this early on,

but I just want to emphasize, I can't

752

:

emphasize it enough, going to your local

meetup or being around people that are

753

:

local to you in the Bitcoin community.

754

:

If you have the patience, the Creature

from Jekyll Island is actually a pretty

755

:

good read, especially once you get

past the first couple of chapters, , it

756

:

does a great job of providing, a

template or an example of what happens

757

:

in cultures that fall to inflation.

758

:

It's just such a good history book, and

it'll get you up to speed really quickly.

759

:

I also am really excited

about Lynn Alden's book.

760

:

I wish I could say I had read it.

761

:

She's one of my favorite.

762

:

I mean, there's so many people

out there that are so good.

763

:

You could have a list 100 people long.

764

:

trying to think of the name of

her book, but that's the thing

765

:

that I'm most excited about.

766

:

Um,

767

:

Tali: money.

768

:

JB: but thank you.

769

:

, she has a way of presenting

complex subjects from a 50, 000

770

:

foot view very quickly and easily.

771

:

I think where you don't have to

necessarily have an econ degree to

772

:

understand what she's saying, so I haven't

read broken money yet, but it's definitely

773

:

on the list and I will, I feel confident

about recommending anything by Lynn Alden.

774

:

And then I think just.

775

:

Taking time to really understand

the trading that our senators are

776

:

allowed to do, you know, that our, our

elected representatives are allowed

777

:

to do the conflict of interest.

778

:

There are certain social media

accounts that will follow their trade.

779

:

And just understanding how senators

have to report that, if they have

780

:

to report if they trade in the ETF,

understanding a little bit of the nuts

781

:

and bolts of what moves the market

and what our elected representatives

782

:

are accountable for disclosing, I

think will take people a long way.

783

:

I had no idea about that before

I learned about Bitcoin, and

784

:

then just practical things.

785

:

The orange pill app is a

great way to meet people.

786

:

I've definitely found that

to be worth the investment.

787

:

and then when people are looking

for their meetups, I wonder if

788

:

you guys have noticed this too.

789

:

the meetup search function in and

of itself is not very good, but

790

:

if you Google the town that you're

in and then like Bitcoin meetup.

791

:

I think tends to find our meetups faster.

792

:

A lot of people have searched us

using the organic meetup search

793

:

function and they don't find us.

794

:

So, , I think just be sure to

look for a meetup in your area.

795

:

and then considering going to a really

big meetup, like, Tennessee and, , Texas,

796

:

that's such an experience, I think.

797

:

Still blows my mind every time I go.

798

:

, but yeah, I think those are things

that people can do to really

799

:

get them oriented in the space.

800

:

And also just buying a small amount

of Bitcoin, like 5 and practicing

801

:

moving it to a hard wallet.

802

:

even just getting a little bit

of skin in the game, your brain

803

:

will naturally gravitate and

pick it up almost by osmosis.

804

:

Cause you know you have some

small investment that will.

805

:

A lot of people say, Oh, I

looked at that so many times.

806

:

And so I think if people just buy a small

amount, your brain will automatically

807

:

commit you more to reading about Bitcoin.

808

:

Tali: Great, great suggestions.

809

:

so meetup.

810

:

com I have found to be slightly

frustrating in looking up

811

:

groups, just like you said.

812

:

One caveat I want to just mention

is there are a lot of crypto...

813

:

Meetups that are listed under Bitcoin.

814

:

So just make sure that when you're reading

the description, it says Bitcoin only.

815

:

Otherwise, it's likely that

they are just a trading club.

816

:

JB: right.

817

:

I get hesitant.

818

:

I don't want to encourage people to trade.

819

:

I could do a whole nother podcast with

you about dumb things JB has done.

820

:

, , for sure.

821

:

Yeah, I think that I think the

meetups are a great place to

822

:

get specific questions answered.

823

:

like you said, have been

barriers for people.

824

:

In a very supportive environment, I

would be shocked if someone went to

825

:

a meet up and people were dismissive

or didn't answer their questions

826

:

. Tali: thank you for sharing your stories.

827

:

Thank you for sharing all of

your experiences, even the

828

:

mistakes that you've made.

829

:

I think they, they made you

who you are today and they

830

:

prepped you for this moment.

831

:

So

832

:

JB: for

833

:

sure.

834

:

Yeah, I'm making better choices.

835

:

Yes, you can ask my friends.

836

:

I'm making better choices.

837

:

Now.

838

:

Definitely.

839

:

I think good things have come into my

life since going down the rabbit hole.

840

:

So I'm very grateful.

841

:

Tali: Thanks for joining us today . If

the discussion with our guests

842

:

resonated with you and you would

like to dive deeper into the world of

843

:

Bitcoin, don't miss out on joining the

Orange Hatter Women's Reading Club.

844

:

The meetup link is in the show notes.

845

:

Also, if there are women in your life

whom you think would both enjoy and

846

:

benefit from learning more about Bitcoin,

please share Orange Hatter with them.

847

:

Until next time, bye!

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