Podchaser Logo
Home
Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Released Sunday, 24th December 2023
Good episode? Give it some love!
Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Sell It All for Bitcoin: Ledger Jedi's Bold Move to El Salvador & Why It Matters

Sunday, 24th December 2023
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:03

Jonah , welcome to the having report podcast

0:05

. Thanks for doing this tonight . Man , what's going

0:08

on ? Oh

0:10

, man , so you and I met a couple nights

0:12

ago up here at the restaurant man , this

0:14

is a Bitcoin hub , as we've

0:16

discussed .

0:17

Bitcoin breaker . The beach breaker hotel

0:19

best Bitcoin hotel in

0:21

El Salvador . It is not even close . This

0:24

is the dominant spot . If you're going to come to El Salvador

0:26

, highly encourage the beach

0:28

breaker hotel . They take care of you . The

0:31

owner , carlos , is absolutely the man

0:33

. Took us out on a volcano tour . Today

0:35

. Have the best time of our whole lives . Come

0:37

here . You're going to be taking care of incredible prices

0:39

, incredible service , 10

0:41

out of 10 .

0:42

Carlos and Anida have taken care

0:45

of Chris and I all week . They're

0:47

great hosts and so

0:49

, yeah , thanks , thank you for that showed up .

0:51

Yeah .

0:52

And yeah , we're going to

0:54

, we're going to keep you , keep you stimulated

0:56

throughout this podcast .

0:57

Let's get it .

0:58

So what I love about you , jonah , is that

1:00

you're all in .

1:02

You're all in , I'm all in , except

1:04

that I keep buying these $3 packs of smokes .

1:06

Yeah , Keep it in keeping

1:08

them in business down the road there . So

1:11

you're all in and you just moved here . Maybe

1:13

you could tell us a little bit about

1:16

your journey and like how long you've

1:18

been here and what's been your experience so far .

1:20

Man . Okay , so my my

1:22

journey is a little bit weird , a little bit of a weirdo . I

1:26

moved to El Salvador on Wednesday

1:28

, sold all my possessions

1:30

and I decided that I've got to come

1:32

here . I've got some Bitcoin , I've got a . I've

1:34

got some mini months of runway because

1:36

of Bitcoin . I highly encourage

1:38

everyone to get some Bitcoin so that they can have

1:40

mini months of runway to go and pursue their dreams

1:42

as well . But I saw

1:44

what was going on in El Salvador and I realized

1:47

that this was a dead country , the most

1:49

dangerous country in the world historically

1:52

, more dangerous than Baghdad , more dangerous than

1:54

Iraq , more dangerous than Ukraine

1:56

. There was so many murders here , all

1:59

of the locals . They couldn't start businesses

2:01

, they couldn't project into the future and start to

2:04

look for a better life

2:06

. They had no hope because they were trying

2:08

to survive an imminent danger

2:10

. And a year ago , this

2:13

new president , aybu Kele , garnered

2:15

enough support from the locals to perform

2:18

something that no other country

2:20

has ever performed , which is locking

2:22

up all of the 66,000

2:25

terrorists terrorizing this country

2:27

. And in the span

2:30

of a week , this

2:32

went from a dead country six

2:34

feet deep in the ground to

2:36

a living , vibrant country where the

2:38

people are no longer in fear for their lives and

2:41

they can now see into the future a life that

2:43

is completely different to the one

2:45

that they had before , and they will never go

2:47

back . They can start to look

2:49

forward , invest in the future and

2:51

start to build a savings and a life for themselves

2:54

in a way they've never been able to before . And

2:56

when you experience the feeling of the local

2:58

Salvadorans that

3:00

are going through that , it is

3:02

a polar opposite from

3:05

America , I'm sure , canada

3:07

and all of these Western civilizations that are

3:09

on the decline . It is

3:11

polar opposite and it even almost brings

3:13

a tear to my eye when you talk to these people , because you

3:16

sense this hope , rather than in America

3:18

, where you get this apathy and you get this

3:20

sense of it doesn't even matter , it's

3:22

hopeless . Here

3:24

it's the opposite . All

3:26

we have is hope and we are on the same team .

3:29

Let's make Al Salvador great , for once

3:31

and I think you've had some great

3:33

success and awesome , awesome introduction

3:36

there . But you've had some great success

3:38

since you've been here . You know you're connecting with all

3:41

sorts of people in the community . Already You're

3:43

looking at places to stay , you

3:46

know , possibly bumping up with other bit coiners

3:48

100% , so that's really

3:50

cool . But you've particularly had some success

3:52

with your drone . So

3:54

I'm gonna I want to give you an opportunity to tell

3:56

that story .

3:57

Man . So this is what's so incredible . So

3:59

one thing that I really like to share with people is

4:02

the concept of soft skills are overrated

4:05

, and those soft skills being sales or

4:07

marketing and being a convincing person or being

4:09

like a cool guy . What

4:12

people don't look at is the physical

4:14

tools to get the job done . Anyone

4:16

who's ever been successful at anything have the right tools to

4:18

get the job done . Yes , they had the

4:21

other side , the soft skills as well , but

4:23

as soon as they got those tools , that's what allowed them to increase

4:26

the velocity at which they could achieve their goals . So

4:28

, whether it's the best military , they have the best tools . Whether

4:30

it's the best tech company , they have the best tools . Or , if

4:32

you just look throughout history , hunters

4:34

and gatherers the best hunters who were

4:36

the chiefs of their tribes they had the best

4:38

tools , they went and made them , they found the , they

4:41

found the flint , created their spears and they took down a

4:43

mammoth and they're the man now because they had

4:45

the tools . So my thinking was

4:47

okay , I'm going to move to El Salvador

4:49

and I don't have a falling right now

4:51

, but I know that El Salvador is going

4:53

in the direction that I want to go . So I'm going to go there

4:55

and invest in El Salvador

4:57

, and so I need tools to do that , because

4:59

I can go down there and I can go here and

5:02

talk to people

5:04

and that's great and I can make an impact . But

5:06

if I bring the tools to be able to share

5:08

this to a scale that wouldn't

5:10

be possible on a one on one , that's where

5:12

the difference can really be made . So I invested

5:14

in a $3,000 DJI Mavic

5:16

drone pretty cool but

5:19

basically I was able to take my first shot

5:21

on this drone . I don't know how to drive this thing . I'm

5:23

almost crashing into walls and

5:25

what's going on is I

5:28

randomly , accidentally get this incredible

5:30

, beautiful video of El Sante

5:32

Bitcoin Beach , the heart of the

5:34

Bitcoin culture , where it

5:36

started here in El Salvador

5:39

, long before it was safe , long

5:41

before it was legal tender . This movement

5:43

started here and so I got this footage

5:45

and I posted it out one

5:48

time on Twitter . Now , max Kaiser

5:50

300 , 600,000 followers

5:52

on Twitter , advisor to

5:54

President Bukele of El Salvador , the guy

5:56

who got the Bitcoin movement started officially

5:59

in the government here saw my

6:01

video and

6:03

what he does is he says this is a

6:05

beautiful piece showing the

6:07

beauty of our country here , and he

6:09

takes any pin this to his profile . I

6:11

have no following . I have , no , no

6:13

people that are watching my stuff

6:15

and shouting me out , but just

6:18

because of the simple tool that I invested in

6:20

, I was able to garnish all that traction

6:22

. And just a simple fact of having Max Kaiser

6:25

retweet me and then pin me to

6:27

his account , which you actually showed me I didn't even know

6:29

. Yeah , being

6:31

able just to show that to people adds a

6:33

level of credibility that I couldn't have possibly had

6:35

before , and it opens all these doors to

6:37

the owner of this fine

6:40

establishment here , opens the door with you

6:42

, all these people , the Germans , and

6:46

so the

6:48

tool is what actually allowed me to get

6:50

that . So , again , what I need to encourage everybody

6:52

to do is , yeah , you want to develop your soft skills

6:54

, you want to be a better communicator , dot dot dot , but you

6:56

need tools . You need to invest in tools and you spend money

6:58

to get tools so you can get the job done at

7:01

a velocity at which you'll actually get

7:03

a return on your investment . So get some

7:05

tools 100% .

7:06

Yeah , no , I love that explanation about

7:08

tools and making that investment

7:10

. What do we got right here ? Yeah , we got mini

7:12

mics . This is the good for traveling .

7:14

We've got music playing and wind blowing , and if we didn't have

7:16

these , there ain't no podcasts . Yeah , exactly

7:18

, but you did you did the right thing , you made an investment

7:20

. And now here we are .

7:21

Exactly , and you ran three podcasts today . Yeah

7:24

, man , it's been a busy day . We did the Volcano

7:26

Santa Ana Volcano , which is the most ?

7:28

7am , to what time ? Now 9am , and

7:30

we had the time .

7:31

Yeah , it's getting late here . Yeah

7:34

, we're trying to pump it out , make use of our time here . Like

7:37

you said , you've been here since last

7:39

Wednesday , so

7:44

what's your plan then ? Like you're

7:46

here , you've checked out Bitcoin

7:49

Beach . You're hearing about Berlin

7:51

, other opportunities

7:54

in Bitcoin centric areas

7:57

. You're fresh here . Where's

7:59

your mindset ?

8:00

So my mindset here was to come to Elzonte

8:03

first for a week just to experience this culture

8:05

and then move to San Salvador , the big city

8:07

, so that I could be connected to people here

8:09

. But I got here , I met

8:11

you and you introduced me to Ronnie , chris

8:14

, the Germans , carlos

8:18

here , and I got so connected I

8:20

sort of realized the Bitcoin movement

8:22

is in Elzonte . If you want

8:24

to be a part of the Bitcoin movement , if you really want to be

8:27

a part of New York in

8:30

the 1920s , you want to be a part

8:32

of history and like something that is going

8:34

to 1000X over the next

8:36

20 years , you need to get your ass to

8:38

Bitcoin Beach , elzonte . You

8:41

don't need to move here , but you need to get here . You need

8:43

to meet some people . You need to make some connections , because

8:45

that's another thing that's completely undervalued

8:47

with people is yeah , we

8:49

talk about tools and we talk about buying Bitcoin

8:51

, but what about connections ? If

8:53

you're not sitting here connecting with people , you're

8:56

screwed . You can have all the money in the whole wide world

8:58

If there's no people around to enjoy it with , you're

9:00

just going to kill yourself . That's

9:03

how it works . Yeah , connection

9:05

is everything , and so that was

9:07

my mindset here . It's like I've got Bitcoin . Bitcoin

9:10

is going to 10 million and it

9:12

is such

9:14

a I've got 90 months of runway

9:16

, as is if Bitcoin doesn't move

9:18

. So I'm like , okay , I've got money

9:20

, but what I am severely lacking

9:23

in my whole life is connections . Why

9:25

? Well , here's why In

9:27

America , I'm always been

9:29

a complete outsider . Okay

9:32

, and what that

9:35

means is I grew up in a way where I was looking

9:37

around the world and I was seeing things that

9:39

didn't add up much like

9:41

our good German friend here that you also interviewed . And

9:45

because of these things , I'm asking questions that are

9:47

frustrating for people . I'm asking too many questions

9:50

, too many questions that people are pushing

9:52

me to the back and they're kind

9:54

of suppressing my

9:57

curiosity , and

10:00

so with that , I started to kind of

10:02

pull back right , not

10:04

on what mattered to me and what I was

10:06

interested in in researching , but

10:09

in my connecting with people

10:11

, and so I kind of I wasn't fully

10:13

isolated . I've got some really , really close , tight-knit

10:16

friends , but the rest of them were fairly

10:18

shallow because I couldn't actually connect on a core

10:20

level , because our ways

10:22

of thinking are just too different

10:24

. Then I got here and

10:27

started talking to you and Chris and

10:30

Jacob and Ronnie and

10:32

Carlos and the

10:34

other , chris and Marlon , and

10:36

I realized these people are like me

10:39

and

10:41

where I had like almost a social anxiety

10:43

, I had like a fear of shyness or like an

10:45

inadequacy feeling . I come

10:47

here and that is gone . And

10:50

when I say it's gone , there's no

10:52

trace . I'm able to communicate

10:54

with people on a core level

10:56

, as if we're brothers , as if we've

10:58

known each other for the past 10 years

11:00

, and there's

11:03

nothing like it . And again , that comes down

11:05

to being here at the core level of

11:07

something that was just brought to life . This

11:09

is spring , you come out of winter

11:11

and you enter spring and everything blooms and

11:13

it comes to life . That's here right now

11:15

. I just got to convince everybody

11:17

. You've got to come and visit and connect

11:20

with some people , because that will change

11:22

the trajectory of your entire life

11:24

or at the very least , it could take

11:26

some risks .

11:28

I think people feel other

11:30

bit corners here , feel , really feel that sentiment

11:32

like back home . It's a black sheep

11:34

, a bit pointer , not too many people interested

11:37

in . Yet , exactly , come here , you're meeting like

11:39

minded people and feels like we know each other for

11:41

such a long time because we both been interested

11:43

in the same thing for

11:46

a very long time . But

11:48

you did mention $10 million , so we're

11:50

going to go into everybody's favorite question

11:52

, which is price predictions , and

11:54

I just want to go . I don't want to go like

11:56

way down to the future , but I want to talk about because

11:59

we're like I think , 17 weeks from the next

12:01

Bitcoin having . There's a having party here

12:03

early April .

12:04

Come to the having party , come to the Bitcoin , come

12:07

to the beach breaker hotel , the best

12:09

Bitcoin hotel here . I'm telling

12:11

you you'll walk in . It's got Elzante . It's the only

12:13

new build here . It's by far the nicest

12:16

, by far . The chief is by far the best , and this is

12:18

where the having party is , and you've got to get your , your

12:20

booty , down here .

12:21

Yeah , Well , if I could just interject

12:23

, there's a official the

12:25

having Bitcoin . I forget the website , but it's havingpartycom

12:29

, or right .

12:29

Right , there's the official event .

12:30

Yes , yeah , yes , but there will be . That's

12:32

only two days long . It's like an all inclusive , just

12:35

meet and greet . Not a true conference

12:37

, but I think there's a conference afterwards . Yeah , come

12:39

for a week . This is a great place for folks to

12:41

stay too . I think that other place is a little pricey , so if

12:43

you're a traveler on a budget , this

12:45

is the place to be , absolutely .

12:47

And also , like I'm telling you

12:49

this , there's like I don't want to get

12:51

all weird and woo woo , but it's almost

12:54

on a spiritual level here , like in a the way

12:56

that you feel I don't know if it's the environment

12:58

or the people or the way that they take care of you , but

13:00

just being here I'm saying it , not this hotel full

13:03

regret , full regret . I mean

13:05

, I just spent all my time here because it's this

13:07

is the place to be and , of

13:09

course , the event you go to , the event you got

13:11

to be at the event . Just spend some

13:13

time here and connect to those people , meet Carlos

13:16

, and make those come meet me . I'll

13:18

be here and we'll make it happen .

13:20

So , between 2024 , 2028 , what's

13:23

your high prediction ? What's your low prediction ?

13:26

24 . Okay , so the next four years

13:28

. So here's

13:30

where I'm at , bro . I'm at 500,000

13:32

to like 10 million . All

13:36

right , so low in 500,000 , high

13:39

in 10 million , high in being a VTF

13:41

, sir . Approved , fair standards of accounting

13:43

are put into place . Apple

13:46

and these companies are able to put their treasuries

13:48

into Bitcoin so that they're low , no

13:50

longer holding 500 billion in cash . It's

13:52

appreciating a 10% per year

13:55

in purchasing power . Now they can

13:57

hold Bitcoin and actually receive

13:59

10 to 20% compounding

14:02

annually , and those are bearish numbers on

14:05

their capital . And then , as soon as , because

14:07

of security , they can actually take out loans

14:09

on those securities , meaning

14:11

they can use their liquidity at 1%

14:13

without having to sell their Bitcoin . They

14:16

never have to sell again

14:18

, which is why it's

14:20

going up forever .

14:22

So this is hyper-Bitcoinization

14:24

phase . You think this this ?

14:26

I , I , I'm . I've got a 80% probability

14:29

on hyper-Bitcoinization this this cycle

14:31

. Wow , that's where my money's

14:33

at . Just look at the cycle . Look at the political

14:36

geography . Look at everything

14:38

going along worldwide . China's falling

14:40

apart . China inflation is is

14:42

falling apart . They've got apartments that are for sale

14:45

45% off . You wait another three months , it'll be

14:47

75% off . This is China

14:49

, a really strong economic force in the world

14:51

. America it's the same thing . Candidates the

14:53

same thing . And the Netherlands I've talked to

14:55

people there . It's the same thing . In Germany

14:57

, prices are falling as well . And

14:59

this is this is what we're seeing . China

15:02

is absolutely the currencies

15:04

being devalued . Devalued

15:06

is absolutely destroying people's entire

15:09

incentive structure for their life . This is

15:11

the source of all the crime . This is the source of all of the

15:13

division . This is the source of all things . You fix the

15:15

money . You fix the world . It's like a cliche , but this is

15:17

a . This is where we're at , and if

15:20

you look at the climate , you can just

15:22

sense that we're on this precipice . Everyone's like , yeah

15:24

, but I felt it in 2022 . Okay , that's

15:26

great , but the logistics weren't in place

15:28

. There was no security . These

15:31

companies can't buy commodities . They

15:33

can buy securities . These companies can't take

15:35

out loans on commodities they can . On securities

15:37

I mean , they don't have to sell , they can

15:39

put it in their treasury very

15:41

easily , rapidly , and then , with the accounting

15:44

standards being fixed , now , when their Bitcoin's in

15:46

a drawdown , it goes back up . They don't have to say

15:48

forever it's in a drawdown like they

15:50

do right now . Next year

15:52

, as soon as it goes up now

15:54

, they can actually market as that appreciation again

15:56

. And so , when you see

15:58

all those things , there's no way for Apple

16:01

to move the needle to increase their revenue

16:03

more . There's not . They've done it , They've tried

16:05

it , they're doing everything , and so their

16:07

next step is going to be to buy Bitcoin . That

16:09

is going to increase their treasury dramatically

16:11

and it becomes this arms race . It

16:13

becomes this giant gamification

16:17

of hyperbitkonization

16:19

and I

16:21

really don't think that they're even going to have a chance

16:24

to roll out CBDCs

16:26

and all these things , because they

16:28

they shot their low too early and

16:30

Bitcoin is coming

16:33

in at just that moment where

16:36

they kind of like drew their

16:38

sword and their arm is up here and

16:40

it's like sorry , Bitcoin's right here with the

16:42

jab and just take them out .

16:44

So yeah , man

16:46

, I love your passion and in your again

16:48

, your sentiment is mimicking a lot

16:50

of the sentiment I'm hearing here around

16:53

this area . So you know

16:55

it's you're probably in the ballpark , it

16:57

sounds like , and you

16:59

know I pray that it goes . That does what

17:01

it does and this is the cycle to to onboard

17:04

everybody .

17:05

If it doesn't , we're going to see a very violent next four

17:07

years , incredibly violent

17:09

. We're going to see worldwide riots

17:11

, famines , governments

17:14

just absolutely looting their

17:16

own countries through inflation . We're

17:19

going to see absolute horrors . So

17:21

, yeah , I also pray that that does happen . And

17:24

also , you know everyone's like , oh , it's

17:26

a guess . Well , the reality is , if you take data

17:28

and you analyze it , you can make projections

17:31

with probabilities , and that's not a guess

17:33

, that's called a projection and what you're

17:35

doing is your . When you have enough data

17:37

, you get a superpower . That's

17:40

called foresight . Okay , if

17:42

you have have done enough repetitions

17:44

of one thing and you've seen how

17:46

, all the different ways that it could occur , you start

17:49

to be able to calculate and say , okay , I predict

17:51

this is going to happen . That's science and

17:54

it really is exactly the same with

17:57

Bitcoin .

17:58

You got a neat new hat today . Where's

18:00

my hat ? Where's your hat ?

18:02

I think it's over there .

18:03

Oh , it's there , Naive .

18:03

Bucket , la 2024 . If somebody wants to grab it

18:05

over there , I'll be happy to yeah .

18:06

Yeah , no , that was awesome and I

18:09

wanted one , but I think you got the last one . I think

18:11

they were sold out .

18:12

Yeah , they got sold out quick after I bought

18:14

that last one . Yeah , man , something happened , they got popular

18:16

real quick .

18:17

Yeah , I know you're a fan .

18:18

And they got sold out . I think they had two left

18:20

and they got sold out .

18:21

My , that's a sick hat , so I wanted to make

18:23

sure we got a shot at this . There we go , naive

18:26

Bucket , la with .

18:26

Bitcoin logo down .

18:28

Yeah .

18:29

Naive Bucket , la , with the Bitcoin logo , and

18:31

then we've got 2024 . That's when these get his

18:33

reelection . We've got DOS

18:35

, that's God , union , which is Unity , and Libertad

18:38

, which is freedom . And that's his three

18:40

, three points that he runs on , and

18:42

if you don't like that , then you're

18:44

a fucking loser .

18:48

Ben , I love your approach . You're , you're a very

18:50

like a candid speaker and you're not

18:52

afraid of being yourself and you're I

18:54

really feel like you're being yourself here . But

18:57

like , what's your like , what's your strategy

18:59

when you're talking to a normie , as they

19:01

say , a no-pointer , somebody coming

19:04

into this space with no background

19:06

knowledge ?

19:08

What is my like ? What's ?

19:09

my eyes for them , your strategy , or like

19:11

how do you ?

19:11

Oh , that's a great question . That's

19:14

a phenomenal question . So this is

19:16

lovely . Here's what I don't recommend

19:18

doing . If you want to orange pill somebody

19:21

, here's what you don't do Blah , blah

19:23

, blah , blah , blah , blah , blah , blah , blah , blah , blah , blah

19:25

, blah , blah . That's what they hear when

19:27

you start telling them stuff . Stop

19:29

telling people stuff . You need to stop now

19:32

. Okay , here's what you do . Instead

19:34

, you're going to ask Socratic questions

19:37

. Now , if you don't know what that is , I highly suggest

19:39

Googling it , because we're not going to get into it here , but

19:41

essentially it's just going to be questions that lead

19:43

to an answer that you already know . So

19:46

what you're going to do is you're going to try to get them to

19:48

identify a problem . So

19:50

here in El Salvador , we talked to a young gentleman . Boots

19:53

on the ground Maybe we can clip the footage in . We

19:56

were at the rave here in the

19:58

jungle and there was a young Salvadoran , 20

20:00

year old , super cool , speaks good English , smart

20:02

guy , and he kind of understood Bitcoin , but he's

20:04

still on the fence about it . And

20:06

I thought to myself was like , okay

20:09

, I've got to have the right approach with this guy . I can't just

20:11

tell him things . So I asked him . So

20:14

quick context El Salvador had to switch

20:16

from their cologne which is like their peso

20:19

, their money to

20:21

the US dollar , because the cologne was

20:23

completely devalued and it would cost tens of thousands

20:25

to even buy , like a loaf of bread type thing . So

20:29

they had that going on

20:31

and they had to actually switch to the US dollar

20:33

because that's infinitely more stable , right

20:35

? So that's the context . Now I

20:37

ask him why did you have to switch from the cologne to the US

20:39

dollar ? And he thinks he thinks he's like well

20:41

, because the economy broke . He

20:44

said , ah , that's not good . Why the economy

20:46

break ? He said , well , they were printing

20:48

and printing and then the prices were going

20:50

up and the economy broke . I said , oh , no , that's

20:52

a problem , isn't it ? He says , yeah , that's a problem

20:54

. Boom , okay , we've just identified a problem

20:57

. What that does is it subconsciously activates

20:59

his paying attention in his brain . There's

21:02

no way to get around it . It's like you're amygdala If

21:05

you identify a problem , you have to

21:07

look at it , and so as soon as you do that , it's

21:09

a subconscious deal . They're going to be receptive

21:11

. Okay , now we've got the problem established

21:13

, let's take it a step further

21:15

. Okay , so it broke the economy , so

21:18

you had to switch to the US dollar because they were printing so

21:20

much and it was inflating . What

21:22

if I told you that the US dollar

21:25

and the government and the central

21:27

banks are doing the exact

21:29

same thing

21:31

? And

21:34

he goes oh shit . And

21:37

then the whole deal is that's why

21:39

Bitcoin . And I said

21:41

because if they do print all the money

21:44

, what's going to happen to the US dollar

21:46

, like the Cologne ? And he says it's going

21:48

to go down . I said exactly . And

21:50

he goes that's why Bitcoin . And

21:53

he says Bitcoin is the new order . It's

21:55

more than just the money . It's a new way

21:58

. It's a new way of thinking , it's a new way

22:00

of being and man , for that 20 year

22:02

old kid to get it is absolutely

22:04

beautiful . But to circle

22:06

back to the question , you need to identify

22:08

a problem and introduce a solution . That's

22:10

the only way . Identify a problem , label

22:12

the problem , get off of the solution

22:15

. It's really sales , one on one . I've been in sales my

22:17

whole life and that's what you have to do . Stop

22:20

telling people stuff . Stop doing it . People

22:22

hate it . They tune you out . You're

22:24

actually going to do the opposite of grow Bitcoin . You're going to make people

22:26

fucking hate Bitcoin . Excuse my language , but it's

22:28

like it really destroys

22:31

people's care about Bitcoin . They're

22:33

like please shut up , bro , I don't get it

22:35

, I don't care , it's because it's

22:37

not a problem to them . When you get them to admit it's a problem

22:39

, they're like okay , I've got a fucking

22:41

problem , I got to deal with this . And

22:43

that has to be the mindset

22:46

and the system you take , or you're going to fail .

22:47

Right , right , yeah , and

22:51

I'm glad you referenced that conversation we have with those young Salvadorians because that

22:53

was really good , and I'm so grateful that you pulled

22:55

out your camera for that , because that's

22:57

something I'd like to review , because that was such a good

22:59

ground level conversation for

23:02

young people and

23:05

they were very critical thinking and open

23:07

towards it , and I

23:09

think we'll have to put that one out there . It

23:11

was such a good conversation . I want to put that one out there

23:13

separate and we'll link it .

23:15

We'll put the link in , and I was just worried . When we talked

23:17

to them I was worried they were really going to be tied asses , but

23:20

they weren't .

23:22

Yeah , yeah , no , I see what you're saying and you

23:24

know what , and I love your sales

23:26

experience and you're bringing it to the space

23:29

. That actually happened

23:31

earlier today when you

23:33

went out I don't know I think you were in Bagnos

23:35

or whatever and you

23:38

used that pitch when someone

23:40

with a no-coiner was asking about Bitcoin

23:43

and you identified a problem for them

23:45

. When you went out

23:47

to the washroom there , all of a sudden , she was

23:49

curious . She started asking questions

23:51

.

23:51

And she started asking me questions .

23:53

She was kind of annoyed with us talking about Bitcoin before , and

23:55

then she kind of got into an isolated manner where she

23:57

can speak one on one with somebody and

24:00

she probably asked 20 questions and

24:02

I was so happy to have been there

24:04

.

24:05

And what was the catalyst for her wanting to ask those

24:07

questions ?

24:09

Well , I'm saying it , was you planning that seed and

24:11

getting her to think about ? I want to be clear

24:13

though it wasn't about me .

24:15

It was purely about the fact that she

24:18

felt that she had identified a problem . Whether

24:20

I was the one who had introduced that to her is completely

24:23

irrelevant , because everyone can introduce like you

24:25

just have to make them realize . Because

24:27

when you make them realize with questions , they

24:30

are the ones realizing . When you're just

24:32

telling them the problem , they don't freaking

24:34

care . You got to get them to recognize

24:36

it themselves .

24:37

Yeah , yeah , I love that and

24:39

I'm definitely . That's probably the biggest thing I'm going to take

24:42

away from you in our experience

24:44

in El Salvador here . Now you

24:46

already mentioned Max Geyser . You know you're pinned on

24:48

his profile right now , which is super

24:50

cool You've been here for a couple of fucking days and

24:52

you're already pinned on Max Geyser . I

24:55

feel like everybody who's coming here , all Bitcoiners that

24:57

are coming here , good things are just happening to them .

24:59

No , no , it's a magical moment .

25:01

Yeah , so just on that , besides

25:03

him , you know , is there any other resources

25:06

or people you like to follow in this space ?

25:09

So no , there's not

25:12

. What there is is there's

25:14

people and connecting with them

25:16

, and there's nothing , absolutely

25:19

nothing , that's going to build my conviction more

25:21

in Bitcoin . And there's no

25:23

more pure signal than sitting here

25:25

at the Beachbreaker Hotel and

25:27

talking to you , and talking to Chris , and

25:30

talking to . Jacob

25:32

and realizing

25:35

all of the stuff that we're bringing

25:37

to the table . It clarifies it so

25:39

much . All of the bullshit falls aside . I

25:41

haven't thought about the price the whole time I've been

25:43

here . I don't care , because I just know where we're going

25:46

. But , like

25:48

I don't care at all , I know where

25:50

we're headed , and it's because I'm talking to you guys . I've

25:53

barely spent any time on Twitter . The

25:55

only thing I did is post that thing and then I got

25:57

the retweet from Max and the pin , because

26:00

I've just been so here with you guys

26:02

and that is what I like

26:04

to follow . And it really comes down to those core

26:07

principles . The core principles are you

26:09

need to get off zero . You need to get Bitcoin , and

26:11

really I don't like get off zero , I

26:13

like get on one . You need to get to

26:16

a Bitcoin . You got to hurry your ass up because

26:18

you're going to get priced out . You're not

26:20

going to be able to even sell your house to get a whole Bitcoin

26:22

in 18 months . You're

26:24

going to be screwed . So

26:27

you've got to be quick . You've got to have an

26:29

extreme level of urgency . You've got to get some Bitcoin

26:31

and then , once you've got that taken care

26:33

of , you need to start taking massive risks . Now getting

26:36

the Bitcoin . That is a massive risk , I'll give that to you . But

26:38

, like a massive risk for me is moving to El Salvador

26:41

okay , on a whim , and

26:43

I said I'm going and I'm going to make this

26:45

thing work . And when you start to take those risks

26:47

, when you take , it's like

26:49

you're blind and there's a fog of war and

26:51

you can't see the path in front of you . And you stand

26:53

up and you take a step and all of

26:55

a sudden , the path clears and you start

26:57

to realize this isn't dangerous . But

26:59

there's actually this , this beautiful

27:02

, almost magical

27:05

, miraculous path that

27:07

just unveils in front of you and it almost

27:09

feels as if the universe bends

27:11

itself to you when you take these massive

27:13

risks and it's a

27:15

really crazy concept

27:17

, but you've got to take massive risks

27:20

and then , once you've gotten some Bitcoin and you've taken

27:22

those massive risks , the next thing you've

27:24

really got to focus on is getting

27:26

some tools , and you've got to get whatever

27:28

tools is going to take for you to accomplish the goals

27:30

that you've got to get , depending

27:32

on if it's AI or in Bitcoin , or in technology

27:35

, or in fitness or in personal relationships

27:37

and all that kind of stuff . Those tools , whether

27:39

it's my drone or my six pack or my

27:41

cigarettes or whatever . They're all having

27:44

an effect . Ok

27:46

, cigarettes make you smarter , yeah

27:51

, now they take a little bit off the end of your life

27:53

, but you get that little buff right here and now

27:55

. You know what I mean . So Tool

28:00

and you know what else is tools these microphones

28:03

, your camera , my drone , you know

28:05

like all

28:07

of your connections are tools . You've

28:09

got to start to realize and quantify and analyze

28:12

exactly what your

28:14

tools are that are going to get you where you've got to be . You

28:16

know your tool might be a fucking gym membership

28:18

if you're a 300 pound swab , right

28:21

, you know what I mean . And you got to get that tool . And

28:23

you know what Better tools going to be a personal trainer and

28:25

maybe some OZempic gets your . You know

28:27

, get it done .

28:28

Yeah .

28:29

So Well , you got

28:31

to get the tools , yeah . And then the

28:33

last thing once you've got your Bitcoin

28:35

, you've taken massive risks . You've got

28:37

your tools all lined up . Is you need to ? You

28:40

need to with all your might and all your momentum

28:42

and all your force and all your vigor and all your heart

28:44

. You need to connect with people . You

28:47

need to do everything in your power to get

28:49

your , curate your environment , curate

28:52

your social media , so

28:54

that you are in a space where you can

28:56

free flow and free think , not be

28:58

nervous , and actually

29:00

connect with people on this core level

29:02

, because when all of the like

29:04

, all of the facades slip away

29:07

and you're just pure

29:09

, like we are right here , it's just

29:11

this heart to heart connection and it

29:13

opens all the doors . And when you hit those

29:15

four things , man , life becomes

29:17

magical , life becomes a miracle and life

29:19

becomes this journey that

29:22

you can't not enjoy

29:24

.

29:25

I love the connecting with people message and

29:28

I really resonate with that because coming

29:30

to El Salvador you know , creating content

29:33

in this space was a big goal of mine

29:35

and it's been so challenging because that's

29:37

all I've been doing is connecting with guys

29:39

like you and , you

29:41

know , exploring and there's

29:43

always another guy to connect with and they're

29:45

never ending . They just keep coming and

29:47

more staying , and the support that I've gotten

29:50

here has been has been overwhelming . But

29:52

, jonah , I'm going to open it up for you

29:54

If you have any last comments

29:57

or words of wisdom . If not , just

30:00

let us know where we can follow you and learn

30:02

more .

30:02

So here's the words of wisdom . The

30:06

reality is is that there

30:08

is nothing like Bitcoin . Every

30:10

other monetary system there is

30:12

period is sold

30:15

or enforced by a party . Now

30:18

Bitcoin is the only opt-in one that was given to

30:20

us in this immaculate conception method . What

30:23

is that ? So the story of the

30:25

Bible and Jesus . Doesn't matter whether or not you believe

30:27

it literally or not . In those ancient texts there

30:29

is wisdom . Now , the story of

30:31

Jesus is like a resurrection story

30:33

. And all of this right Now

30:36

. What you have to realize

30:38

is that with Bitcoin

30:40

, there's

30:44

the exact same concept of Jesus

30:46

not having a father . He was

30:48

born of a virgin . He

30:50

came out of nowhere

30:52

and changed the course of history

30:54

forever , probably more than any other man

30:56

in the world , whether or not you believe in the Christianity

30:59

and all this . So I

31:01

mean they changed the fricking date it's ADB

31:04

, you know , after death , before death and then

31:06

they tried to change it to BCE , right ? But so

31:09

this immaculate conception

31:12

of Bitcoin makes it very special , because Ethereum

31:14

was 70 percent pre-mind and

31:16

sold for Bitcoin . Hex , same

31:19

story . Solana , same

31:21

story . Vc investors charismatic

31:25

figure behind it , trying to get you

31:27

to believe that in some

31:29

way it is superior in some form , by

31:31

my shit . That's what they're saying . You

31:35

don't want to do that because that is

31:37

a system that's being sold to you . Now

31:40

. The fiat is not being sold to

31:42

you , it's being , it's

31:44

being forced upon you , so

31:47

saying if you're not going to involve in the fiat system

31:49

, you're going to end up in jail . If you're not going to pay your taxes

31:51

, it's going to be a problem . Bitcoin

31:54

is the only one that has that immaculate conception

31:56

and clearly you could probably tell I'm a little

31:58

bit of a spiritual type of person . I believe

32:00

in a lot of like really beautiful concepts

32:03

I've seen them play out in life and synchronicities

32:05

, and Bitcoin

32:08

is that synchronicity . Bitcoin

32:10

is that unique factor . Bitcoin

32:13

is that magic thing . I was listening to this

32:15

court case as I'm a nerd

32:17

, and the court case was about foreclosure

32:20

. He's getting foreclosed on his mortgage this was in the night

32:22

, I think the 1900s , okay and

32:25

he's suing the bank foreclosing on

32:27

his home because he says , no , you

32:29

can't foreclose and take my house because the

32:32

contract is not valid . Why is the

32:34

contract not valid ? In a contract

32:36

, there's something called consideration , and consideration is

32:38

an exchange of value between two parties

32:40

and without a consideration , there is no contract

32:43

. It's null and void . That's why I can't make you

32:45

sign a contract that says you're gonna be my slave

32:47

forever , no matter what , and you sign it and you're

32:49

fucked . No , there's no consideration . It's not a valid

32:51

contract . Okay , so

32:53

he says the reason that there is no consideration

32:55

, the reason this is not about a contact , is because I gave

32:57

you my $20,000 down payment and

33:00

then what you do and so a lot of people don't know this

33:02

what you did is you then

33:04

printed the rest of the money for my

33:06

house out of thin air . Now

33:09

, is that value ? Because the last time I checked

33:11

and this is what he says verbatim the

33:14

only one who can create something of value out

33:16

of nothing is God

33:18

, and I just thought to myself

33:20

this is way before Bitcoin . I thought , huh

33:22

, where the fuck did Bitcoin come from

33:24

? I

33:27

don't know who's Satoshi Right

33:30

, I don't know , but

33:32

I know that he came and he left us a gift

33:34

and he didn't try to force it on

33:37

us and he didn't try to sell it to us and

33:39

he didn't try to I

33:42

don't want to use this word , but I can't think of a . I

33:45

can't think of a better word . He didn't want , he didn't try to molest it

33:47

or like make it Dirty

33:51

or like change it , you know . So

33:54

there , there really is nothing out there like Bitcoin

33:56

. So , for all the people that have been brainwashed by

33:59

hex or XRP or all

34:01

of the different data and the sales pitches

34:03

they have , there are teams with

34:06

hundreds of millions of dollars Trying

34:08

to convince you of these things , so you buy

34:10

their coins with your Bitcoin

34:13

. What did they sell you the Ethereum

34:15

for ? It was for Bitcoin .

34:20

Everything is denominated in Bitcoin in the crypto

34:22

world . I agree , when I when I learned

34:24

that lesson , I was like wow , you know they're

34:26

. They're all just trying to get Bitcoin . At the end of the day , I

34:28

just need to start getting as much Bitcoin as I have

34:30

and stop stop shitcoining and and

34:32

I'm I'm very guilty of you know Shitcoining

34:35

when I first got into the space . I think a lot of people are

34:37

in the same boat as me .

34:38

That's the natural progression . Yeah , yeah , yeah

34:41

. If you're not a maxi , you're gonna end up driving a taxi

34:43

.

34:44

I love that , so don't do

34:46

it . Awesome man , cool man

34:49

, working , working folks follow you . Ledger

34:51

Jedi .

34:52

LED gr . Ge

34:54

. Sorry L E , I

34:57

got ran over by truck Going

35:04

on YouTube . They're fairly graphic , yeah

35:07

, but yeah so no

35:10

, yeah , I ledger . Jedi . It's like ledger , like a

35:12

Bitcoin ledger . Jedi like Star

35:14

Wars ledger .

35:14

Jedi Twitter , instagram .

35:16

Twitter and Instagram . I'm gonna

35:18

be working on a YouTube getting that up as well

35:20

. So , yeah , find me ledger

35:22

Jedi everyone . Yeah , and and for everybody out there

35:25

, you know you're very willing to connect with people

35:27

and absolutely , if you come , come down , hey

35:29

, come find me , I'm gonna be here , I'm gonna be living here , I'm

35:32

renting a spot . I'm so happy

35:34

to just connect you with all the people that I've been connected

35:36

with . The way that I looked at it Is when I moved here

35:38

, I was so confused . I didn't know how to get my visa

35:40

, I didn't know how to move and get the import stuff

35:42

, and it was so confusing . And I got here

35:44

, it was 9 pm and I'm lost and

35:46

I can't find the Airbnb and you know what

35:48

? Just Bitcoin is . Coming find me and they just like hey

35:50

, I had the same experience . I was so confused

35:52

, let me show you what's up . And in a matter of

35:55

48 hours , I'm like oh , I just know what's going on

35:57

. So you come here , you find me . I'm so

35:59

happy to show you the people

36:01

connect you , help you , get involved , meet

36:04

some people and just have a great time as well

36:06

. So , yeah , come , come , say what's up in Elzonte

36:09

, el Salvador , and

36:11

you will not regret it .

36:12

Awesome and pleasure Jedi everybody

36:14

. Do you remember the ? Do you remember the Salvadoran

36:17

? I do . Boom

36:19

, boom Good to

36:21

be back in El Salvador .

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features