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 [email protected]
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I think maybe another time in my life I may have brushed Bitcoin off,
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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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00:00:28,489 --> 00:00:32,738
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.
213
00:11:48,837 --> 00:11:52,697
And I was, I was fortunate at the time
to have actually worked with a physician
214
00:11:52,697 --> 00:11:56,007
who had owned a, like a supplement
store and had been in the integrative
215
00:11:56,007 --> 00:11:57,697
arena at another point in his life.
216
00:11:57,707 --> 00:12:02,727
So he was really accepting, , of my
views, but I think clinically we have
217
00:12:02,727 --> 00:12:06,914
to practice evidence based medicine
and, , you know, there is a downside to
218
00:12:06,934 --> 00:12:08,544
supplements and things like that too.
219
00:12:08,554 --> 00:12:09,454
They are powerful.
220
00:12:09,454 --> 00:12:11,724
And so people can also not tolerate them.
221
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, and so I certainly didn't want
to give someone something that.
222
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Okay.
223
00:12:15,834 --> 00:12:19,644
You know, can have untoward consequences
and then have them be even more anxious or
224
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feel worse and then leave the hospital and
then not have someone to follow up with.
225
00:12:22,764 --> 00:12:25,994
So I would say at the time I
treaded it very lightly with that.
226
00:12:26,544 --> 00:12:30,047
, and definitely stay within reason of
what's in the published literature
227
00:12:30,047 --> 00:12:31,517
and what's accepted as general.
228
00:12:31,765 --> 00:12:33,497
You know, general medical recommendations.
229
00:12:33,497 --> 00:12:37,587
I was and still am very aggressive
about checking for things like B12
230
00:12:37,597 --> 00:12:42,357
deficiency, things that are really
generally accepted to cause psychiatric
231
00:12:42,367 --> 00:12:46,477
illness and can be great mimicers and
look like, look like different things.
232
00:12:46,700 --> 00:12:50,540
And so I think at work, people know
if they're consulting and they just
233
00:12:50,540 --> 00:12:53,420
like, go ahead and order the B12
level, they're like, Oh, JB, we're just
234
00:12:53,430 --> 00:12:56,550
gonna put this order in now because
she's going to come do it if we don't.
235
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And so that's great.
236
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I'm glad to have that influence.
237
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Thank you.
238
00:13:00,350 --> 00:13:04,540
, and so I go for kind of the low hanging
fruit on things like that, and then just
239
00:13:04,560 --> 00:13:10,296
talk to people about generally accepted
diet and lifestyle and cutting out things
240
00:13:10,296 --> 00:13:14,256
that maybe could be undermining them,
especially in terms of anxiety and things
241
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like caffeine and that sort of stuff.
242
00:13:16,456 --> 00:13:16,856
Tali: Cool.
243
00:13:17,006 --> 00:13:18,946
Okay, so now let's talk Bitcoin.
244
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JB: Yeah.
245
00:13:20,246 --> 00:13:21,586
Tali: first hear about Bitcoin?
246
00:13:22,371 --> 00:13:26,021
JB: Oh man, this is, this is, so my
Bitcoin story is a little embarrassing.
247
00:13:26,021 --> 00:13:30,611
I, I heard about Bitcoin way back
when I had friends in college
248
00:13:30,611 --> 00:13:34,681
that were mining Bitcoin when
it was, , fractions of a penny.
249
00:13:35,101 --> 00:13:40,751
, and so I, but I really did not understand
what it was and they mentioned it in
250
00:13:40,751 --> 00:13:43,211
passing and I was like, oh, that's cool.
251
00:13:43,231 --> 00:13:47,341
My super computer nerd friends are
doing this interesting thing and they
252
00:13:47,341 --> 00:13:49,131
sort of framed it as like, if you.
253
00:13:49,419 --> 00:13:51,729
if you're in another
country, maybe it's unsafe.
254
00:13:51,729 --> 00:13:55,739
You can have this electronic
wallet and no people can't rob you.
255
00:13:55,739 --> 00:13:57,579
And I kind of sort of understood it.
256
00:13:57,589 --> 00:13:58,489
And I was like, well, that's cool.
257
00:13:58,489 --> 00:14:02,979
And maybe, maybe one day they'll be able
to use dollars, you know, and it had no
258
00:14:02,979 --> 00:14:07,809
clue, just totally checked out pre med
student, not really into politics, not
259
00:14:07,809 --> 00:14:13,179
really into banking, econ, finance, I
liked history, but didn't really know
260
00:14:13,179 --> 00:14:15,639
it, , from that standpoint and then,
261
00:14:15,876 --> 00:14:19,556
You know, I had, I had done a
fellowship in psychiatry at one point.
262
00:14:19,656 --> 00:14:23,699
, and I had tried to check out and
do something totally different,
263
00:14:23,699 --> 00:14:24,689
which was trade stocks.
264
00:14:24,699 --> 00:14:26,839
So I knew a little bit
about trading stocks.
265
00:14:26,879 --> 00:14:29,709
And then when I got further along
in my career, I started looking at
266
00:14:30,036 --> 00:14:31,656
retirement in the meantime, the 2017.
267
00:14:33,036 --> 00:14:34,366
Run had happened.
268
00:14:34,376 --> 00:14:38,446
And, , so I had heard about that just by
way of knowing people that had been early
269
00:14:38,446 --> 00:14:41,056
miners and, , it was on my radar then.
270
00:14:41,086 --> 00:14:43,856
I still didn't realize it was something
that I could buy on an exchange.
271
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I didn't know anything about that.
272
00:14:46,266 --> 00:14:49,076
And then, but I did
want to retire someday.
273
00:14:50,306 --> 00:14:55,046
And I was recognizing that inflation
was taking a toll on my life, but just
274
00:14:55,046 --> 00:14:56,486
didn't really have the words for it.
275
00:14:56,596 --> 00:14:59,106
And I kind of did the
whole Dave Ramsey thing.
276
00:14:59,106 --> 00:15:02,366
I did the whole, you know, learn
about index fund investing.
277
00:15:02,866 --> 00:15:05,266
And that was cool, but it just
didn't seem like it was going
278
00:15:05,266 --> 00:15:06,846
to get me where I wanted to go.
279
00:15:07,237 --> 00:15:09,157
and so then I started looking at.
280
00:15:09,457 --> 00:15:12,947
Different things like managing my own
retirement portfolios, all the things
281
00:15:12,947 --> 00:15:18,647
they tell you not to do and looking at
different stocks and following the market.
282
00:15:19,127 --> 00:15:21,767
And I think two things that
happened, one is, , I was reading
283
00:15:21,767 --> 00:15:25,107
a book on how the market moves
and how volume moves the market.
284
00:15:25,127 --> 00:15:31,005
And there was a book that was about who
moves the world it was about insider
285
00:15:31,005 --> 00:15:35,505
trading, I guess you could say, or
presumed insider trading in the market and
286
00:15:35,505 --> 00:15:40,509
how they were able to witness that and,
what markets look like before they crash.
287
00:15:40,549 --> 00:15:42,699
And I just thought that
was absolutely fascinating.
288
00:15:43,119 --> 00:15:46,899
And then separately, one of the stock
picker guys that I was following was
289
00:15:46,919 --> 00:15:48,909
really talking about Bitcoin a lot.
290
00:15:49,579 --> 00:15:51,749
And so it's interesting
because traders get a lot of.
291
00:15:52,300 --> 00:15:56,240
People don't like traders in general,
or they say, , somebody wins the
292
00:15:56,240 --> 00:15:59,500
trade, you know, there's a losing side,
but, , traders are interesting people.
293
00:15:59,824 --> 00:16:03,164
and I think it's, it's in a
way, it's like a sport to them.
294
00:16:03,164 --> 00:16:04,084
They really train for it.
295
00:16:04,084 --> 00:16:06,910
You really have to be aware in
your mind of what you're doing.
296
00:16:06,910 --> 00:16:08,690
So you don't sabotage yourself.
297
00:16:08,930 --> 00:16:11,680
Um, and they read a lot about
the fundamentals of companies and
298
00:16:11,680 --> 00:16:12,820
they certainly know about things.
299
00:16:13,085 --> 00:16:15,665
Like potential insider trading or
corruption in the stock market.
300
00:16:16,485 --> 00:16:21,635
So, , finally I had read about
Bitcoin and I came to the Bitcoin
301
00:16:21,635 --> 00:16:26,649
standard and I read that and then I
read the creature from Jekyll Island.
302
00:16:26,939 --> 00:16:29,609
, and I had actually joined the
trading room, the options trading
303
00:16:29,609 --> 00:16:34,070
room and seen firsthand, , big block
trades, , essentially move the market.
304
00:16:34,220 --> 00:16:34,600
And.
305
00:16:34,990 --> 00:16:37,000
I had seen them trade early before events.
306
00:16:37,280 --> 00:16:43,010
I had bought, Tesla, I'm going to
say in, in 2014, and , , really
307
00:16:43,010 --> 00:16:43,870
didn't know what I was doing.
308
00:16:43,890 --> 00:16:45,070
I mean, I want to be clear the whole time.
309
00:16:45,070 --> 00:16:46,710
I had no clue what I was doing.
310
00:16:47,270 --> 00:16:52,250
Um, and that's probably still true to
some degree, but, you know, Tesla had,
311
00:16:52,370 --> 00:16:55,755
had Stock split five times and gone up.
312
00:16:56,112 --> 00:16:59,792
you know, it would have been an insane
ROI had I held on to it, but you know, Jim
313
00:16:59,792 --> 00:17:05,112
Kramer had really gotten after Tesla and
kind of dogged it out on the television.
314
00:17:05,112 --> 00:17:09,791
And I was up, you know, like, I think my
ROI was like, 300 percent or something.
315
00:17:09,791 --> 00:17:11,242
And so I thought, Oh, it's Tesla.
316
00:17:11,242 --> 00:17:11,852
They're ruined.
317
00:17:11,862 --> 00:17:14,061
I'm you know, sell my stock or whatever.
318
00:17:14,942 --> 00:17:17,392
And then of course, we all know
what happened after that, , split
319
00:17:17,392 --> 00:17:20,301
five times and rallied to almost
a thousand dollars a share.
320
00:17:20,301 --> 00:17:20,382
Yeah.
321
00:17:20,686 --> 00:17:25,288
And so I had become aware, , that
certain people hold the view that.
322
00:17:25,731 --> 00:17:30,451
Influencers in the market can sometimes
be used to create exit liquidity for
323
00:17:30,471 --> 00:17:33,131
big hedge funds or big institutions.
324
00:17:33,681 --> 00:17:36,901
And I had become aware that
you can't always believe what
325
00:17:36,901 --> 00:17:38,521
you see on on television.
326
00:17:39,031 --> 00:17:45,231
And so I was so curious, , and this
now was COVID had started to happen.
327
00:17:45,241 --> 00:17:48,581
And so the lockdowns were happening
and I had more free time on my hands.
328
00:17:48,908 --> 00:17:52,428
And so I was in and around
these options trading room.
329
00:17:52,428 --> 00:17:53,488
I was not trading options.
330
00:17:53,488 --> 00:17:57,168
I'm not that good of a trader I have
no business going anywhere near them
331
00:17:57,424 --> 00:18:01,064
But I could actually see in real time
what was happening and and watch the
332
00:18:01,064 --> 00:18:06,204
news cycles And then see the trades
Happening big block trades happening.
333
00:18:06,354 --> 00:18:11,394
And so that was again really kind of a
period of disillusionment and then at
334
00:18:11,394 --> 00:18:15,439
the same time , in that same vein during
COVID, Jack Mallers was launching Chivo
335
00:18:15,439 --> 00:18:20,622
Wallet in El Salvador and, , doing all
these interesting and wonderful things.
336
00:18:20,812 --> 00:18:25,612
And so COVID was a really dark,
dark time for a lot of people.
337
00:18:25,612 --> 00:18:29,948
It was difficult working in the
hospital and, it was difficult accepting
338
00:18:29,958 --> 00:18:32,148
that maybe things weren't the way
I thought they were in the world.
339
00:18:32,668 --> 00:18:33,048
And.
340
00:18:33,458 --> 00:18:38,168
Bitcoin was this really cool, , area
of light to focus on where it's
341
00:18:38,168 --> 00:18:41,698
like, Hey, maybe there's a way
out of these inflationary cycles.
342
00:18:42,308 --> 00:18:43,768
, , so I started going to our local meetups.
343
00:18:44,166 --> 00:18:47,406
And I met our organizer there
that organizes our local meetup.
344
00:18:47,486 --> 00:18:52,119
I now help him co organize, but really
the creature from Jekyll Island, you
345
00:18:52,119 --> 00:18:56,409
know, I went upstairs one day and
read an insane amount of that book.
346
00:18:56,409 --> 00:18:59,179
I still, I don't think I've actually
finished it, but the majority of
347
00:18:59,179 --> 00:19:03,979
that book and it just came downstairs
a completely different person.
348
00:19:04,059 --> 00:19:04,429
I don't know.
349
00:19:04,439 --> 00:19:05,219
Have you read that?
350
00:19:05,369 --> 00:19:06,079
You have.
351
00:19:06,129 --> 00:19:06,549
Okay.
352
00:19:06,559 --> 00:19:07,529
So you know what I'm talking about.
353
00:19:08,003 --> 00:19:08,993
Tali: I have not.
354
00:19:09,136 --> 00:19:10,166
Scott read it.
355
00:19:10,426 --> 00:19:15,196
And every night he would rant about
356
00:19:15,266 --> 00:19:15,636
JB: Yes.
357
00:19:16,246 --> 00:19:19,086
Tali: so I feel like I read
it, even though I didn't.
358
00:19:20,096 --> 00:19:21,976
Now I'm just, I don't
want to be depressed.
359
00:19:22,296 --> 00:19:23,216
You know, it's a, it's
360
00:19:23,276 --> 00:19:23,596
JB: Right,
361
00:19:23,716 --> 00:19:27,876
Tali: there when you start looking
at our monetary system, even with
362
00:19:27,896 --> 00:19:29,876
Bitcoin, it just gets very depressing.
363
00:19:29,876 --> 00:19:33,466
You just start to question human
nature, you start to question
364
00:19:33,496 --> 00:19:37,271
intentions, because I tend to like
To think that most people are good.
365
00:19:37,611 --> 00:19:39,951
, most people want to do the right thing.
366
00:19:40,221 --> 00:19:43,511
And when you read books like
that, you're just like, really?
367
00:19:43,851 --> 00:19:44,681
Seriously?
368
00:19:44,871 --> 00:19:45,311
Yeah.
369
00:19:46,986 --> 00:19:51,416
JB: So needless to say I came downstairs
a completely different person and
370
00:19:51,756 --> 00:19:56,056
, I'm from the South, bless, bless my
poor ex partner's heart at the time.
371
00:19:56,056 --> 00:19:58,556
He was just like, what
happened to my girlfriend?
372
00:19:59,126 --> 00:20:02,106
You know, I really do
have sympathy for him.
373
00:20:02,116 --> 00:20:06,646
But I think probably, I'd love
to hear Scott, I'd love to
374
00:20:06,646 --> 00:20:08,146
hear Scott's side of this too.
375
00:20:08,556 --> 00:20:12,516
, because we had to have a safe word in the
house in case I talked about Bitcoin too
376
00:20:12,516 --> 00:20:17,626
much and finally he was like, Oh my gosh,
can we please talk about something else?
377
00:20:17,626 --> 00:20:20,176
And so I got like a sweatshirt
that said freedom on it.
378
00:20:20,196 --> 00:20:22,566
And then the O was a Bitcoin, of course.
379
00:20:22,596 --> 00:20:26,536
And then once a week I could go
out to my meetup and we were all
380
00:20:26,546 --> 00:20:28,166
there leaning on each other.
381
00:20:28,387 --> 00:20:30,687
And, everybody was having
the same experience.
382
00:20:30,687 --> 00:20:32,657
It was like, I just need to get
out of the house and go talk
383
00:20:32,667 --> 00:20:34,147
about Bitcoin with my friends.
384
00:20:34,177 --> 00:20:38,317
And then, fast forward now, I think
we're almost 2 years that , we initially
385
00:20:38,317 --> 00:20:41,107
were meeting weekly because we all
really needed that during covid.
386
00:20:41,547 --> 00:20:45,337
And then when the, when life resumed,
, and things have opened back up, we
387
00:20:45,347 --> 00:20:49,637
went to bi- weekly, but then still with
informal meetings on our week off because.
388
00:20:49,637 --> 00:20:49,722
Yeah.
389
00:20:50,092 --> 00:20:53,162
, there's probably we don't have a
really robust Bitcoin theme like
390
00:20:53,162 --> 00:20:55,522
Austin often or Nashville do here.
391
00:20:55,522 --> 00:20:56,912
There's people that are interested.
392
00:20:56,962 --> 00:20:58,242
, but it's a small community.
393
00:20:58,262 --> 00:21:00,042
And so we really flock to each other.
394
00:21:00,052 --> 00:21:04,202
Anytime we get the chance, no one else in
our personal lives wants to hear about it.
395
00:21:05,327 --> 00:21:09,017
Tali: when Scott really started to
pay attention to Bitcoin, he started.
396
00:21:09,256 --> 00:21:10,936
listening to all kinds of podcasts.
397
00:21:10,946 --> 00:21:13,136
He was reading book after book after book.
398
00:21:13,176 --> 00:21:17,329
And he was sending me like three
podcasts a day to say, Hey,
399
00:21:17,329 --> 00:21:18,459
you need to listen to this.
400
00:21:18,459 --> 00:21:22,049
And oh, by the way, here's a book and
here are two more and there are three
401
00:21:22,049 --> 00:21:24,366
more and just like throwing stuff at me.
402
00:21:24,416 --> 00:21:28,856
. So our safe word is the hand,
you know, like if I put up the
403
00:21:28,856 --> 00:21:31,136
hand, that's too much, you know?
404
00:21:32,376 --> 00:21:32,746
Yeah.
405
00:21:32,806 --> 00:21:33,776
And, uh, but.
406
00:21:34,301 --> 00:21:35,581
But it took him two years.
407
00:21:35,601 --> 00:21:40,161
It took him two years before he could
convince me that Bitcoin was real.
408
00:21:40,371 --> 00:21:42,821
And then of course, when I started
going down the rabbit hole, I
409
00:21:42,821 --> 00:21:45,021
was like, why didn't you grab me
410
00:21:45,056 --> 00:21:45,426
JB: Right.
411
00:21:45,676 --> 00:21:45,966
Right.
412
00:21:45,991 --> 00:21:50,301
Tali: and sit me down, you know,
but I guess I wasn't ready,
413
00:21:50,311 --> 00:21:51,661
but he did try really hard.
414
00:21:51,681 --> 00:21:55,101
And kind of like what you're
saying, we just didn't have.
415
00:21:55,366 --> 00:21:59,336
Anybody in our personal life who
we could go to to ask questions.
416
00:21:59,356 --> 00:22:01,486
I think that would have made
a huge difference for me
417
00:22:01,486 --> 00:22:03,716
personally, but we had nobody.
418
00:22:03,746 --> 00:22:06,986
It was all, all of our
learning was from a distance.
419
00:22:07,306 --> 00:22:09,106
There was no Bitcoin meetup here.
420
00:22:09,106 --> 00:22:09,576
That was
421
00:22:09,726 --> 00:22:11,306
JB: You started your meetup, right?
422
00:22:11,316 --> 00:22:12,006
That's right.
423
00:22:12,276 --> 00:22:13,296
Tali: Yeah, we started it.
424
00:22:13,326 --> 00:22:14,626
Our group is very small.
425
00:22:14,626 --> 00:22:18,826
We are still struggling
to find local Bitcoiners.
426
00:22:18,826 --> 00:22:21,906
I would say almost every single
person who's in our meetup
427
00:22:21,906 --> 00:22:24,216
right now, we met in Nashville.
428
00:22:25,586 --> 00:22:29,816
We would be in Nashville, milling around
and we were introducing, , where we're
429
00:22:29,816 --> 00:22:32,026
from and we'll say we're from Louisville.
430
00:22:32,046 --> 00:22:32,856
They're like, no way.
431
00:22:32,916 --> 00:22:33,836
We're from Louisville.
432
00:22:33,976 --> 00:22:34,466
What?
433
00:22:34,896 --> 00:22:35,606
Where are you?
434
00:22:35,606 --> 00:22:37,446
And then we'll find out
that we're really close.
435
00:22:37,476 --> 00:22:41,779
And then when we started the meetup,
we were able to get together, but I
436
00:22:41,779 --> 00:22:45,594
think I met almost every single person,
except for one person Bitcoin Park.
437
00:22:45,819 --> 00:22:46,219
JB: yeah.
438
00:22:46,219 --> 00:22:47,722
I love Bitcoin Park.
439
00:22:47,732 --> 00:22:52,799
And that was a huge, that was a huge,
turning point for me is being there
440
00:22:52,799 --> 00:22:55,959
and actually meeting the people that
are working in the Bitcoin space and
441
00:22:55,959 --> 00:22:59,649
just seeing that really the content
of their character., it's amazing.
442
00:22:59,927 --> 00:23:03,017
being around other Bitcoiners and
particularly at our grassroots where
443
00:23:03,017 --> 00:23:06,937
the meetup organizers meet in that
Bitcoin park with Rod and Matt and now
444
00:23:06,947 --> 00:23:09,337
Harry, that is really a special place.
445
00:23:09,597 --> 00:23:14,950
And, coming with my interest in health
and nutrition and looking at Western
446
00:23:14,960 --> 00:23:16,290
medicine through a different lens.
447
00:23:16,950 --> 00:23:19,030
When I got there, everybody
else was already doing that.
448
00:23:19,040 --> 00:23:20,740
They were like, yeah,
okay, yeah, we eat healthy.
449
00:23:20,760 --> 00:23:23,840
And I was like, wow, these people
already, they know, this is this kind
450
00:23:23,840 --> 00:23:25,430
of incorporated into their lifestyle.
451
00:23:25,460 --> 00:23:29,073
And I think my favorite thing
about those people and often
452
00:23:29,073 --> 00:23:30,243
the people that run meetups.
453
00:23:30,627 --> 00:23:33,917
Every single person that I've met that
runs the meetup is big winners like to
454
00:23:33,917 --> 00:23:37,837
know how things work Like they're going
to get to things on a very granular
455
00:23:37,947 --> 00:23:41,547
Level and look like they're going
to go molecule deep and they want to
456
00:23:41,547 --> 00:23:45,840
understand how it works from the ground
up And also just really well intentioned
457
00:23:46,290 --> 00:23:51,007
people in the space And I think if
people are coming into the Bitcoin space
458
00:23:51,007 --> 00:23:55,267
or have questions about Bitcoin Even if
they haven't bought any Bitcoin yet, I
459
00:23:55,267 --> 00:23:58,737
think one of the best things you can do
is just start circulating in the local
460
00:23:59,157 --> 00:24:03,257
meetups in the local communities and
just meet the people that are working,
461
00:24:03,307 --> 00:24:06,927
, the developers that are working on the
projects or the people that are building
462
00:24:06,937 --> 00:24:13,057
apps on lightning or, , doing things to
create a circular economy and just let.
463
00:24:13,343 --> 00:24:15,863
Yourself be the judge of the
content of their character
464
00:24:15,863 --> 00:24:17,023
and how you feel around them.
465
00:24:17,443 --> 00:24:19,533
, I feel really good
around other Bitcoiners.
466
00:24:19,593 --> 00:24:25,683
I can sit in the corner and not say
a word and just listen to, you know,
467
00:24:25,683 --> 00:24:28,723
what other people saying in the, in
the room and be completely , content.
468
00:24:28,763 --> 00:24:31,523
And, you know, there's people who
disagree in the Bitcoin community,
469
00:24:31,543 --> 00:24:34,113
but they can handle that and they
can talk about that in a way that's
470
00:24:34,113 --> 00:24:38,469
constructive and, give each other a
good ribbing and spicy conversation
471
00:24:38,469 --> 00:24:40,209
and it's okay, and I think that.
472
00:24:40,510 --> 00:24:43,110
, when people are speaking their truth
and living in their truth, they're not
473
00:24:43,110 --> 00:24:46,530
threatened in a time when there's been
so much these past few years, that's
474
00:24:46,540 --> 00:24:51,367
polarizing and so much that divisive,
it's really nice to be at conferences
475
00:24:51,517 --> 00:24:55,307
and places around people where they can
have a civil disagreement and really
476
00:24:55,737 --> 00:24:59,067
have constructive conversation about it
and you know that both sides are well
477
00:24:59,067 --> 00:25:02,530
intentioned, they're trying to, build
something, , to support their communities
478
00:25:02,680 --> 00:25:06,892
and help undo some of the damage of the
inflationary environment that we're in.
479
00:25:07,410 --> 00:25:08,640
Tali: Yeah, definitely.
480
00:25:08,920 --> 00:25:09,210
, okay.
481
00:25:09,220 --> 00:25:13,660
So thinking back to those first few
months, let's say, , during COVID
482
00:25:13,800 --> 00:25:18,290
when you were first really diving in
deep into, , what Bitcoin is and how
483
00:25:18,290 --> 00:25:22,040
it works and everything, what was
your biggest question or the biggest
484
00:25:22,070 --> 00:25:28,100
obstacle you had to get over to be
convinced that Bitcoin is real and is
485
00:25:28,100 --> 00:25:29,440
something you should pay attention to?
486
00:25:29,965 --> 00:25:32,195
JB: Ooh, that's a really good question.
487
00:25:32,495 --> 00:25:32,715
Um,
488
00:25:33,590 --> 00:25:34,320
I have to think on that.
489
00:25:34,320 --> 00:25:39,350
I can tell you one that I still
struggle with right now is, Like I was
490
00:25:39,350 --> 00:25:42,540
saying, stakeholders like to understand
things I think on a granular level.
491
00:25:42,910 --> 00:25:44,090
I am not a developer.
492
00:25:44,090 --> 00:25:47,020
I am not a technically enabled person.
493
00:25:47,030 --> 00:25:50,760
, I can use a smartphone intuitively and
I can type pretty quickly, but that's
494
00:25:51,510 --> 00:25:53,060
how all you're going to get out of me.
495
00:25:53,440 --> 00:25:57,030
And so I think like when things
come up like with the ordinal or
496
00:25:57,030 --> 00:25:58,590
there's network congestion and.
497
00:25:58,990 --> 00:26:01,040
You know, in medicine, I
can go back to the books.
498
00:26:01,070 --> 00:26:02,620
I can go back to gen chem.
499
00:26:02,930 --> 00:26:06,415
I can read journal articles
and I have the, basic science
500
00:26:06,445 --> 00:26:07,795
understanding . In Bitcoin.
501
00:26:07,795 --> 00:26:08,785
I don't have that.
502
00:26:08,865 --> 00:26:11,725
And so I have to look to other people
like our meetup organizer, Craig.
503
00:26:11,735 --> 00:26:14,579
I have to look to the tech
people to translate for me.
504
00:26:14,579 --> 00:26:15,499
What's happening?
505
00:26:15,619 --> 00:26:16,929
, you know, the box size words.
506
00:26:16,929 --> 00:26:20,409
I understood pretty well, but I
think understanding how lightning
507
00:26:20,409 --> 00:26:24,339
network is going to scale and
looking at the hurdles that the.
508
00:26:24,744 --> 00:26:26,334
Network it needs to overcome.
509
00:26:26,374 --> 00:26:30,844
I think I'm intimidated by that,
because I can't look at the code or say,
510
00:26:30,844 --> 00:26:32,684
okay, I understand this at this level.
511
00:26:32,684 --> 00:26:38,184
And so I think trusting that those
problems and that what they're trying
512
00:26:38,184 --> 00:26:42,244
to do to make Bitcoin more accessible
for daily use and uncomplicatable
513
00:26:42,594 --> 00:26:47,195
to borrow a word, I think trusting
that, that that's real, that we can
514
00:26:47,205 --> 00:26:52,535
do that and that those problems exist,
that they will be solved, I think is.
515
00:26:52,863 --> 00:26:56,233
, I'm much more comfortable with now
that I've spent time around people
516
00:26:56,233 --> 00:27:00,243
that code and do the developing
and I can see how they think and
517
00:27:00,243 --> 00:27:01,893
have more discussions about that.
518
00:27:01,893 --> 00:27:03,043
So, I think really.
519
00:27:04,003 --> 00:27:06,753
For me, it was getting past the
fact that I don't understand
520
00:27:06,753 --> 00:27:08,643
the technical level of it.
521
00:27:09,203 --> 00:27:13,233
And I'm, I'm used to having a nuts and
bolts understanding of things that I.
522
00:27:13,893 --> 00:27:15,133
Invest into that amount.
523
00:27:16,068 --> 00:27:17,878
Or I thought I did, maybe I don't know.
524
00:27:18,648 --> 00:27:21,658
I mean, that's that's the
whole whole gist of it.
525
00:27:21,668 --> 00:27:25,918
But at least at work in my professional
space, when I make really big life
526
00:27:25,918 --> 00:27:29,581
changing decisions, potentially for
me or my patients, I feel like I'm
527
00:27:29,581 --> 00:27:31,402
doing it from pretty solid ground.
528
00:27:31,646 --> 00:27:34,656
But the Bitcoin network's
been up for 14 years now.
529
00:27:34,966 --> 00:27:38,206
, and so I think that in and of
itself is a testament as we see
530
00:27:38,206 --> 00:27:41,046
other kind of challengers in
the crypto space come and go.
531
00:27:41,532 --> 00:27:42,522
that does a lot.
532
00:27:43,407 --> 00:27:46,307
Tali: Yeah, I definitely agree
with you about having to rely
533
00:27:46,307 --> 00:27:47,997
on somebody else to translate.
534
00:27:48,310 --> 00:27:53,590
The technology or the, , the debates for
you so , like you said, there are some
535
00:27:53,590 --> 00:27:57,020
things in life that we feel like we have
a pretty solid understanding and even
536
00:27:57,070 --> 00:28:01,730
if somebody introduces a new idea, we
have something to go on to evaluate it,
537
00:28:02,160 --> 00:28:07,407
whereas in Bitcoin space, it's so foreign
and like you said, if you go to, if you
538
00:28:07,407 --> 00:28:11,877
spend time with developers, actually,
I have been so impressed when I go to
539
00:28:11,877 --> 00:28:15,905
the BitDev meetings, how Long term,
they have to look down like they have
540
00:28:15,905 --> 00:28:22,285
to look 10, 20, 30 steps down the road
and have philosophical discussions and
541
00:28:22,285 --> 00:28:25,652
debates to code what they're coding now.
542
00:28:26,272 --> 00:28:30,192
So these are very intentional
people very smart, like you
543
00:28:30,192 --> 00:28:34,425
said, and nobody can predict the
future, but they do their best.
544
00:28:34,745 --> 00:28:40,085
And that's why those discussions where
they disagree are so, so valuable, because
545
00:28:40,295 --> 00:28:40,615
JB: Right.
546
00:28:40,735 --> 00:28:43,555
Tali: if you disagree, that means you're
looking at it from different points of
547
00:28:43,555 --> 00:28:49,329
view, and that's actually a richer and
better and more big picture way of looking
548
00:28:49,369 --> 00:28:54,572
at solving a problem or a potential
problem, trying to predict what the
549
00:28:54,672 --> 00:28:56,862
their code has to solve down the road.
550
00:28:56,902 --> 00:28:58,462
I mean, that's a big job.
551
00:28:58,782 --> 00:28:59,927
And the more All right.
552
00:29:00,157 --> 00:29:03,457
time you spend with these people,
the more, just feeling their energy.
553
00:29:03,457 --> 00:29:06,957
Like for me, feeling somebody's
energy in person is a big thing.
554
00:29:07,367 --> 00:29:10,967
And, uh, you learn to trust that
they all have good intentions.
555
00:29:11,539 --> 00:29:14,208
JB: Yeah, I hundred, a hundred
percent agree with that.
556
00:29:14,238 --> 00:29:16,903
And I think, I have fallen
out of step with doing that.
557
00:29:16,903 --> 00:29:20,583
Just I've switched jobs eventually and
have been working more and I haven't used
558
00:29:20,583 --> 00:29:24,943
to drive to Nashville pretty much on a
monthly basis and was really keeping up
559
00:29:24,943 --> 00:29:29,036
with the current events in the Bitcoin
community and just was switching jobs.
560
00:29:29,036 --> 00:29:34,531
I haven't been doing that as much, but
definitely coming to both the Atlanta
561
00:29:34,531 --> 00:29:38,417
conference, the tab conference, and
then, , grassroots is refreshing on that.
562
00:29:38,652 --> 00:29:42,492
And given, you know, back my
conviction, not that it was lost, but
563
00:29:42,492 --> 00:29:44,092
it was just kind of quiet for a bit.
564
00:29:44,122 --> 00:29:45,202
I was like, oh, man.
565
00:29:45,732 --> 00:29:48,432
I think Bitcoin has just become
so integrated into my life.
566
00:29:48,452 --> 00:29:51,172
You know, when you're first into it,
you're kind of looking at the price and
567
00:29:51,172 --> 00:29:55,752
you're talking about market cycles And
then you just kind of come to, as you
568
00:29:55,752 --> 00:30:00,022
come to understand what it is and what
we're hoping it will do for us, you sort
569
00:30:00,022 --> 00:30:03,712
of thought, I don't, I can't remember the
last time I checked the price of Bitcoin.
570
00:30:04,102 --> 00:30:08,012
, I can't really remember the last time I
thought about another coin and people,
571
00:30:08,012 --> 00:30:09,132
you know, will ask me about other coins.
572
00:30:09,302 --> 00:30:09,912
I'm like I'm sorry.
573
00:30:09,912 --> 00:30:11,522
I just really can't even tell you.
574
00:30:11,522 --> 00:30:12,922
I don't even really have an opinion.
575
00:30:12,922 --> 00:30:14,422
I don't follow any of that.
576
00:30:14,452 --> 00:30:16,232
And it just sort of fades.
577
00:30:16,672 --> 00:30:20,202
, , I think my entire thinking about Bitcoin
has shifted in the past two years.
578
00:30:20,602 --> 00:30:23,465
And it's just sort of become
a almost way of life, but it's
579
00:30:23,465 --> 00:30:24,675
just there in the background.
580
00:30:25,124 --> 00:30:27,970
it's something that I, when
I came on this podcast, I was
581
00:30:27,970 --> 00:30:28,820
like, what am I going to say?
582
00:30:28,820 --> 00:30:29,790
That's not depressing.
583
00:30:30,710 --> 00:30:34,890
I don't want to say a bunch of
depressing stuff and that that is
584
00:30:34,900 --> 00:30:38,030
where I turn my attention at the end
of the day, like, when I want to reward
585
00:30:38,030 --> 00:30:39,700
myself, or I want to take a break.
586
00:30:39,700 --> 00:30:41,370
It's like, okay, let's
see what's going on.
587
00:30:41,380 --> 00:30:42,620
What are people building?
588
00:30:43,220 --> 00:30:48,230
What are the developers up to, ? Was
the spicy disagreement this week,
589
00:30:48,920 --> 00:30:52,976
you know, , and I think that that
is definitely been, a ray of a ray
590
00:30:52,976 --> 00:30:57,402
of light, in a time when things are
really uncertain in our country, , that
591
00:30:57,622 --> 00:30:59,192
it provides a lot of consistency.
592
00:30:59,690 --> 00:31:00,110
Tali: okay.
593
00:31:00,210 --> 00:31:03,860
So you went down the Bitcoin
rabbit hole during COVID.
594
00:31:04,120 --> 00:31:08,690
You've been in this space
fully committed now to Bitcoin
595
00:31:08,700 --> 00:31:10,843
specifically for about two years.
596
00:31:11,173 --> 00:31:15,413
So when you turn around and look
at the past two years, how do you
597
00:31:15,413 --> 00:31:19,363
see your life has changed because
of your involvement in Bitcoin?
598
00:31:20,273 --> 00:31:23,283
JB: Oh, my gosh, girl, I burned it down.
599
00:31:24,243 --> 00:31:24,963
No, I'm just kidding.
600
00:31:25,423 --> 00:31:28,403
, I think I, I look at things
very different politically.
601
00:31:29,123 --> 00:31:31,953
I kind of always I'm sort of back
to where I started with, which
602
00:31:31,953 --> 00:31:33,913
is like, I didn't really want
anything to do with politicians.
603
00:31:33,913 --> 00:31:37,813
They always seem kind of off and weird
to me and I still have that conviction.
604
00:31:38,330 --> 00:31:42,460
But I do pay attention more to what's
being said in the news and at least what
605
00:31:42,460 --> 00:31:44,520
people are purporting your platform to be.
606
00:31:44,520 --> 00:31:47,647
So I'm probably more of a
political person., so the question
607
00:31:47,647 --> 00:31:50,297
is, how is my life different,
like, how has it shaped my life?
608
00:31:50,677 --> 00:31:52,207
I definitely invest differently.
609
00:31:52,447 --> 00:31:56,447
, I think I have found a financial
advisor that is Bitcoin friendly.
610
00:31:56,697 --> 00:32:00,357
I have not been keeping up my
side of communication there.
611
00:32:00,357 --> 00:32:01,907
I need to check back in with him.
612
00:32:02,457 --> 00:32:03,857
, I did the whole thing.
613
00:32:03,867 --> 00:32:07,387
I did the buy a whole coin, lose a
whole coin, trusting it to a friend.
614
00:32:07,767 --> 00:32:10,097
You know, initially I was looking
at other coins because I didn't
615
00:32:10,097 --> 00:32:11,657
understand what Bitcoin was.
616
00:32:12,052 --> 00:32:13,462
Went through that whole thing.
617
00:32:13,502 --> 00:32:17,618
So all the stories, had the old
car that you keep , don't, so you
618
00:32:17,618 --> 00:32:20,318
don't have to have car payments
so you can buy more of a Bitcoin.
619
00:32:21,218 --> 00:32:22,868
Every, every kind of stereotype.
620
00:32:22,868 --> 00:32:26,108
I definitely have, have lived
that and, you know, had the big
621
00:32:26,158 --> 00:32:28,598
financial loss and doing dumb things.
622
00:32:28,598 --> 00:32:32,298
And so now I would say I use that a
lot more understanding that my dollars
623
00:32:32,298 --> 00:32:33,198
later are going to be worthless.
624
00:32:33,988 --> 00:32:36,268
So I finance things
where I might not have.
625
00:32:36,318 --> 00:32:39,338
I was raised in a family where debt
was this really bad evil thing.
626
00:32:39,708 --> 00:32:44,818
, I really gained a lot of insight
into, , scarcity mindset and having
627
00:32:44,818 --> 00:32:46,868
that mindset around wealth and money.
628
00:32:46,868 --> 00:32:50,568
That's definitely something that I
think is inherited in our family.
629
00:32:51,008 --> 00:32:54,428
Really coming to terms with shame
around money or shame with having
630
00:32:54,428 --> 00:32:56,088
something or having wealth.
631
00:32:56,328 --> 00:32:59,238
That's been really interesting journey
that I don't think is over yet.
632
00:32:59,943 --> 00:33:02,903
And just looking at longer term things.
633
00:33:02,913 --> 00:33:06,190
So, like, I was talking with you
before about looking at something
634
00:33:06,190 --> 00:33:10,920
like, , a car wash for definitely not
passive income, but income where that
635
00:33:10,920 --> 00:33:15,590
can be, , a type of income that can
be generating, , cash flow, maybe,
636
00:33:15,590 --> 00:33:17,160
like, while I'm working another job.
637
00:33:17,240 --> 00:33:21,707
And so, , just looking at different
types of investments, And just, yeah, I
638
00:33:21,717 --> 00:33:23,227
mean, just paying a lot more attention.
639
00:33:23,267 --> 00:33:24,017
They have that thing.
640
00:33:24,017 --> 00:33:27,587
There's people who understand economics
and then there's people who work work
641
00:33:27,587 --> 00:33:29,497
for them, you know, if you don't.
642
00:33:29,527 --> 00:33:34,047
And so I think my focus now is really
trying to catch up on understanding
643
00:33:34,347 --> 00:33:38,529
economics and finance, but also
just feeling really a drift on,
644
00:33:38,680 --> 00:33:42,700
How to invest with the Bitcoin
being part of, there's a lot of
645
00:33:42,710 --> 00:33:47,040
people that just are like all
Bitcoin and like they own a house.
646
00:33:47,090 --> 00:33:50,900
They are kind of set in certain
ways and they just go all Bitcoin.
647
00:33:50,910 --> 00:33:54,253
I have friends that have pulled
their entire retirement out, cashed
648
00:33:54,253 --> 00:33:55,803
it out and put it in Bitcoin.
649
00:33:55,803 --> 00:34:00,653
It's definitely not financial advice
for me, but, , so I think trying to
650
00:34:00,653 --> 00:34:05,911
figure out where that is for me in
terms of retirement And how, because
651
00:34:06,091 --> 00:34:10,331
like you said, it's a very long
term, people have a very long term
652
00:34:10,341 --> 00:34:12,281
outlook that are investing in Bitcoin.
653
00:34:12,440 --> 00:34:16,929
And so, to, I don't think I was
very good at visualizing what I
654
00:34:16,929 --> 00:34:18,779
wanted that to look like before.
655
00:34:19,119 --> 00:34:22,239
So answering those questions
has become more concrete.
656
00:34:22,543 --> 00:34:23,612
For me, for sure.
657
00:34:23,842 --> 00:34:29,737
And then also I had some unpopular
beliefs during COVID, tend to take
658
00:34:29,737 --> 00:34:35,797
off both sides, so I think for me,
it was a very lonely time, my family
659
00:34:35,797 --> 00:34:38,447
and I don't see eye to eye on things
and we're always going to talk to
660
00:34:38,447 --> 00:34:39,797
each other and be around each other.
661
00:34:40,248 --> 00:34:41,408
, but just definitely.
662
00:34:41,893 --> 00:34:45,958
I was an outlier in my work
environment, my home environment.
663
00:34:45,967 --> 00:34:48,868
We had a personal tragedy
in my ex partner's family.
664
00:34:48,868 --> 00:34:51,485
That really took a lot of our
time and was very stressful.
665
00:34:51,485 --> 00:34:53,344
And we ultimately ended up separating.
666
00:34:53,355 --> 00:34:55,415
And so there was kind of this void.
667
00:34:55,851 --> 00:34:59,872
Where I was adrift from the community
I had been in before, and I was always
668
00:34:59,872 --> 00:35:03,122
kind of this fringe health person that
people were like, oh, that's so cute.
669
00:35:03,652 --> 00:35:07,842
And then suddenly I was this fringe
health person, and it was like,
670
00:35:07,852 --> 00:35:09,812
wow, there's a lot of space here.
671
00:35:10,302 --> 00:35:14,792
But I will say that that space is
being filled with things that I think
672
00:35:14,792 --> 00:35:19,422
fit me a lot better as a person, and
I've come to know myself a lot better.
673
00:35:19,422 --> 00:35:22,952
I think people found out who they were the
past couple years and what they're willing
674
00:35:22,952 --> 00:35:24,622
to compromise on and what they're not.
675
00:35:24,995 --> 00:35:28,655
And I have a lot of conviction, and
I don't think I've ever had that much
676
00:35:28,665 --> 00:35:30,385
conviction about anything in my life.
677
00:35:30,495 --> 00:35:34,446
, when people ask me about Bitcoin,
I'm just like, tell me a better idea.
678
00:35:34,606 --> 00:35:38,026
, I don't have any better ideas, , and I
think some of the smartest people in
679
00:35:38,026 --> 00:35:41,876
the world are working on Bitcoin right
now, in terms of the development, I
680
00:35:41,876 --> 00:35:45,426
definitely try to get quiet and listen
when they're in the room talking and
681
00:35:45,466 --> 00:35:47,196
learn as much as I can from them.
682
00:35:47,476 --> 00:35:50,836
And I think Bitcoiners are the
type of people that if they saw
683
00:35:50,836 --> 00:35:52,316
a better idea, they would say so.
684
00:35:52,776 --> 00:35:55,036
Or they would entertain in
a discussion or a debate.
685
00:35:55,086 --> 00:35:58,407
And so far in the past decade or
more, that really hasn't happened.
686
00:35:58,757 --> 00:36:02,387
Tali: I want to circle back and ask
you a question about something you
687
00:36:02,387 --> 00:36:04,467
just said that I find very fascinating.
688
00:36:04,558 --> 00:36:10,108
You mentioned that your family
don't go into financing of any kind.
689
00:36:10,378 --> 00:36:11,318
Did I catch that right?
690
00:36:11,338 --> 00:36:11,588
Okay.
691
00:36:11,788 --> 00:36:17,078
And then you also mentioned that you are
trying to reverse a scarcity mindset.
692
00:36:17,408 --> 00:36:21,508
So I'm just wondering how you tie
those two things to Bitcoin and how
693
00:36:21,508 --> 00:36:23,138
Bitcoin is helping specifically.
694
00:36:23,552 --> 00:36:25,262
JB: yeah, that's a, , a
really good question.
695
00:36:25,262 --> 00:36:27,792
So, yes, my parents, I love them dearly.
696
00:36:27,792 --> 00:36:31,062
They're from a very hard working
community in upstate New York, and they
697
00:36:31,062 --> 00:36:35,462
kind of have that, like, you're born,
you pay taxes, you die attitude and
698
00:36:35,462 --> 00:36:37,602
your value really comes from your job.
699
00:36:37,932 --> 00:36:41,732
and they definitely have that kind of
mindset, like, if you make money, or
700
00:36:41,732 --> 00:36:44,972
if you earn a lot of money, you must
have taken something from someone.
701
00:36:45,175 --> 00:36:50,370
so I think for me, there was a profound
sense of guilt, and this is why I say I
702
00:36:50,370 --> 00:36:54,760
do have respect for traders, because if
you have any sort of subconscious thing,
703
00:36:54,760 --> 00:37:00,247
or, , scarcity mindset, with that, it's
going to find you in your subconscious
704
00:37:00,287 --> 00:37:05,557
when you're interacting with money on such
a direct level, and it, it came for me,
705
00:37:05,567 --> 00:37:07,777
, if I made money trading, I felt guilty.
706
00:37:07,777 --> 00:37:09,187
I felt like I had to give it back.
707
00:37:09,702 --> 00:37:12,312
and that's something that
I still rest wrestle with.
708
00:37:12,589 --> 00:37:14,419
I hope that's answering your question.
709
00:37:14,909 --> 00:37:19,099
, I think Bitcoin helps with that because
Bitcoin forces you to look at things
710
00:37:19,099 --> 00:37:24,429
on such a higher timeline, such a, , a
longer time, like 5 to 10 years, and
711
00:37:24,733 --> 00:37:29,333
it forces you to really be honest
with yourself about what's going on.
712
00:37:29,753 --> 00:37:32,393
On in the world, when people learn
about Bitcoin, one of the most
713
00:37:32,393 --> 00:37:35,983
important things is the education
about the financial system.
714
00:37:36,493 --> 00:37:38,103
I always say there's two types of people.
715
00:37:38,763 --> 00:37:42,503
If you think everything's fine and,
and going on well with the government,
716
00:37:42,503 --> 00:37:43,993
you probably don't want to talk to me.
717
00:37:44,593 --> 00:37:48,723
If you think that , maybe some things
could be better, or you think that
718
00:37:48,723 --> 00:37:52,113
maybe they don't always have your
best interest at heart that's probably
719
00:37:52,213 --> 00:37:54,603
the person that I'll invest my time.
720
00:37:54,773 --> 00:37:58,946
Talking with, , and so I think
Bitcoin and needing to do something
721
00:37:58,946 --> 00:38:03,017
about we all have to figure out in
this environment as we move into
722
00:38:03,017 --> 00:38:07,197
this post COVID world, lots of money
printing, our dollars being devalued.
723
00:38:07,882 --> 00:38:10,482
We want to take care of our
families, our neighbors, our homes.
724
00:38:10,862 --> 00:38:12,462
We have to figure out how
we're going to do that.
725
00:38:12,462 --> 00:38:16,432
And Bitcoin forces us to one, be
honest every day, because you're doing
726
00:38:16,432 --> 00:38:18,442
this thing that's contrarian, right?
727
00:38:18,482 --> 00:38:20,302
And you're doing it with your
money and your livelihood.
728
00:38:20,826 --> 00:38:24,916
I personally, I view, Bitcoin for me,
it's very, it's almost very divine.
729
00:38:24,916 --> 00:38:28,836
It's like this almost like
divine intervention and it's very
730
00:38:28,886 --> 00:38:30,596
equal in how it treats people.
731
00:38:31,006 --> 00:38:34,636
, your money is treated the same
on the Bitcoin blockchain as say,
732
00:38:34,636 --> 00:38:36,342
like Elon Musk's money would be.
733
00:38:36,582 --> 00:38:38,397
and so it's very fair.
734
00:38:38,607 --> 00:38:40,733
I think , there is a spiritual community.
735
00:38:40,733 --> 00:38:43,153
There's a thank God
for Bitcoin conference.
736
00:38:43,263 --> 00:38:46,723
, I don't know if I have words for it
yet, but those are the people that I'm
737
00:38:46,743 --> 00:38:48,373
absolutely the most comfortable around.
738
00:38:48,724 --> 00:38:52,184
, I think for me, Bitcoin is an
equalizer in a lot of ways.
739
00:38:52,501 --> 00:38:55,199
And, I don't know how
that's going to unfold.
740
00:38:55,729 --> 00:38:59,242
but what I have seen is my, some of
my friends who are very, you know,
741
00:38:59,312 --> 00:39:01,662
cypher punk, it's a one or it's a zero.
742
00:39:02,792 --> 00:39:05,122
There's not a lot of space
for spirituality there.
743
00:39:05,592 --> 00:39:09,079
I think it's interesting that they
have, especially in the times that
744
00:39:09,079 --> 00:39:11,779
we're living in now, they have sort
of felt almost more aligned with
745
00:39:11,799 --> 00:39:15,579
people that have a spiritual belief
or any sort of religious conviction.
746
00:39:16,029 --> 00:39:18,129
I think there's an
interesting parallel there.
747
00:39:18,564 --> 00:39:22,934
To believe in something that strongly
and to be using it for the good of other
748
00:39:22,934 --> 00:39:25,124
people and with those kinds of intentions.
749
00:39:25,576 --> 00:39:28,936
Tali: Any last recommendations
for women who are still sitting
750
00:39:28,936 --> 00:39:30,056
on the fence about Bitcoin?
751
00:39:30,135 --> 00:39:33,095
, JB: I think I said this early on,
but I just want to emphasize, I can't
752
00:39:33,095 --> 00:39:38,352
emphasize it enough, going to your local
meetup or being around people that are
753
00:39:38,362 --> 00:39:40,572
local to you in the Bitcoin community.
754
00:39:40,832 --> 00:39:44,562
If you have the patience, the Creature
from Jekyll Island is actually a pretty
755
00:39:44,562 --> 00:39:48,195
good read, especially once you get
past the first couple of chapters, , it
756
00:39:48,195 --> 00:39:52,206
does a great job of providing, a
template or an example of what happens
757
00:39:52,206 --> 00:39:54,360
in cultures that fall to inflation.
758
00:39:54,560 --> 00:39:58,700
It's just such a good history book, and
it'll get you up to speed really quickly.
759
00:39:58,903 --> 00:40:00,913
I also am really excited
about Lynn Alden's book.
760
00:40:00,923 --> 00:40:02,613
I wish I could say I had read it.
761
00:40:03,183 --> 00:40:04,493
She's one of my favorite.
762
00:40:05,133 --> 00:40:07,633
I mean, there's so many people
out there that are so good.
763
00:40:07,693 --> 00:40:09,933
You could have a list 100 people long.
764
00:40:10,330 --> 00:40:13,046
trying to think of the name of
her book, but that's the thing
765
00:40:13,046 --> 00:40:14,496
that I'm most excited about.
766
00:40:14,866 --> 00:40:15,316
Um,
767
00:40:15,636 --> 00:40:16,096
Tali: money.
768
00:40:16,726 --> 00:40:17,496
JB: but thank you.
769
00:40:17,697 --> 00:40:22,331
, she has a way of presenting
complex subjects from a 50, 000
770
00:40:22,341 --> 00:40:24,981
foot view very quickly and easily.
771
00:40:24,981 --> 00:40:28,811
I think where you don't have to
necessarily have an econ degree to
772
00:40:28,811 --> 00:40:34,329
understand what she's saying, so I haven't
read broken money yet, but it's definitely
773
00:40:34,379 --> 00:40:40,276
on the list and I will, I feel confident
about recommending anything by Lynn Alden.
774
00:40:40,276 --> 00:40:41,086
And then I think just.
775
00:40:41,796 --> 00:40:45,816
Taking time to really understand
the trading that our senators are
776
00:40:45,816 --> 00:40:49,586
allowed to do, you know, that our, our
elected representatives are allowed
777
00:40:49,586 --> 00:40:51,216
to do the conflict of interest.
778
00:40:51,696 --> 00:40:55,016
There are certain social media
accounts that will follow their trade.
779
00:40:55,716 --> 00:40:59,906
And just understanding how senators
have to report that, if they have
780
00:40:59,906 --> 00:41:03,496
to report if they trade in the ETF,
understanding a little bit of the nuts
781
00:41:03,496 --> 00:41:08,096
and bolts of what moves the market
and what our elected representatives
782
00:41:08,096 --> 00:41:12,226
are accountable for disclosing, I
think will take people a long way.
783
00:41:12,424 --> 00:41:15,967
I had no idea about that before
I learned about Bitcoin, and
784
00:41:15,967 --> 00:41:17,487
then just practical things.
785
00:41:17,847 --> 00:41:20,964
The orange pill app is a
great way to meet people.
786
00:41:20,964 --> 00:41:23,154
I've definitely found that
to be worth the investment.
787
00:41:23,454 --> 00:41:27,574
and then when people are looking
for their meetups, I wonder if
788
00:41:27,584 --> 00:41:29,154
you guys have noticed this too.
789
00:41:29,714 --> 00:41:32,714
the meetup search function in and
of itself is not very good, but
790
00:41:32,714 --> 00:41:36,204
if you Google the town that you're
in and then like Bitcoin meetup.
791
00:41:36,854 --> 00:41:39,874
I think tends to find our meetups faster.
792
00:41:40,014 --> 00:41:43,494
A lot of people have searched us
using the organic meetup search
793
00:41:43,494 --> 00:41:45,324
function and they don't find us.
794
00:41:45,664 --> 00:41:48,997
So, , I think just be sure to
look for a meetup in your area.
795
00:41:49,467 --> 00:41:54,347
and then considering going to a really
big meetup, like, Tennessee and, , Texas,
796
00:41:54,387 --> 00:41:55,947
that's such an experience, I think.
797
00:41:57,327 --> 00:41:58,927
Still blows my mind every time I go.
798
00:41:59,214 --> 00:42:01,534
, but yeah, I think those are things
that people can do to really
799
00:42:01,634 --> 00:42:02,724
get them oriented in the space.
800
00:42:02,764 --> 00:42:07,224
And also just buying a small amount
of Bitcoin, like 5 and practicing
801
00:42:07,244 --> 00:42:08,664
moving it to a hard wallet.
802
00:42:09,134 --> 00:42:12,144
even just getting a little bit
of skin in the game, your brain
803
00:42:12,144 --> 00:42:16,104
will naturally gravitate and
pick it up almost by osmosis.
804
00:42:16,394 --> 00:42:18,947
Cause you know you have some
small investment that will.
805
00:42:19,129 --> 00:42:21,349
A lot of people say, Oh, I
looked at that so many times.
806
00:42:21,839 --> 00:42:25,069
And so I think if people just buy a small
amount, your brain will automatically
807
00:42:25,069 --> 00:42:27,249
commit you more to reading about Bitcoin.
808
00:42:27,874 --> 00:42:29,424
Tali: Great, great suggestions.
809
00:42:29,634 --> 00:42:30,714
so meetup.
810
00:42:30,734 --> 00:42:33,884
com I have found to be slightly
frustrating in looking up
811
00:42:33,884 --> 00:42:35,114
groups, just like you said.
812
00:42:35,434 --> 00:42:39,834
One caveat I want to just mention
is there are a lot of crypto...
813
00:42:40,504 --> 00:42:43,064
Meetups that are listed under Bitcoin.
814
00:42:43,094 --> 00:42:47,554
So just make sure that when you're reading
the description, it says Bitcoin only.
815
00:42:47,604 --> 00:42:50,604
Otherwise, it's likely that
they are just a trading club.
816
00:42:51,202 --> 00:42:51,572
JB: right.
817
00:42:51,602 --> 00:42:52,362
I get hesitant.
818
00:42:52,362 --> 00:42:54,622
I don't want to encourage people to trade.
819
00:42:54,632 --> 00:42:58,382
I could do a whole nother podcast with
you about dumb things JB has done.
820
00:42:59,996 --> 00:43:00,616
, , for sure.
821
00:43:00,616 --> 00:43:03,166
Yeah, I think that I think the
meetups are a great place to
822
00:43:03,166 --> 00:43:05,046
get specific questions answered.
823
00:43:05,264 --> 00:43:07,391
like you said, have been
barriers for people.
824
00:43:07,592 --> 00:43:11,112
In a very supportive environment, I
would be shocked if someone went to
825
00:43:11,112 --> 00:43:14,129
a meet up and people were dismissive
or didn't answer their questions
826
00:43:14,434 --> 00:43:15,954
. Tali: thank you for sharing your stories.
827
00:43:15,964 --> 00:43:18,914
Thank you for sharing all of
your experiences, even the
828
00:43:18,944 --> 00:43:20,104
mistakes that you've made.
829
00:43:20,104 --> 00:43:22,974
I think they, they made you
who you are today and they
830
00:43:22,984 --> 00:43:24,354
prepped you for this moment.
831
00:43:24,354 --> 00:43:24,724
So
832
00:43:25,674 --> 00:43:25,784
JB: for
833
00:43:25,784 --> 00:43:26,234
sure.
834
00:43:26,284 --> 00:43:28,004
Yeah, I'm making better choices.
835
00:43:28,454 --> 00:43:29,724
Yes, you can ask my friends.
836
00:43:29,724 --> 00:43:30,924
I'm making better choices.
837
00:43:30,924 --> 00:43:31,334
Now.
838
00:43:31,364 --> 00:43:32,064
Definitely.
839
00:43:32,230 --> 00:43:35,938
I think good things have come into my
life since going down the rabbit hole.
840
00:43:35,978 --> 00:43:37,118
So I'm very grateful.
841
00:43:38,556 --> 00:43:41,856
Tali: Thanks for joining us today . If
the discussion with our guests
842
00:43:41,906 --> 00:43:45,366
resonated with you and you would
like to dive deeper into the world of
843
00:43:45,396 --> 00:43:49,676
Bitcoin, don't miss out on joining the
Orange Hatter Women's Reading Club.
844
00:43:50,096 --> 00:43:51,816
The meetup link is in the show notes.
845
00:43:52,246 --> 00:43:56,266
Also, if there are women in your life
whom you think would both enjoy and
846
00:43:56,286 --> 00:44:00,266
benefit from learning more about Bitcoin,
please share Orange Hatter with them.
847
00:44:00,926 --> 00:44:02,476
Until next time, bye!