My name is Isaiah Jackson, and this is Gary Leland and you're listening the
episode one forty two of the Crypto Cousins podcast. Beat your interest in bitcoin
and cryptocurrencies by joining Hall of Fame podcaster Gary Leland on the Crypto Cousins podcast.
And remember we are all cousins in the world of crypto. This week's
price of bitcoin nine thousand, six hundred and fifty three dollars. That's up
one hundred and forty two dollars or one point five percent over the past seven
days. How how do you? How do you? Welcome to the show,
Isaiah? Oh, yeah, thank you for having me. Glad to
be here. It turns out that we kind of grew up close to each
other, but at like way different time periods. Dude, I'm from South
Carolina and you're from North Carolina. Oh the good old Carolina is yep,
from Charlotte and uh yeah in the South Carolina a lot. And my dad
lives the lives there now. So we're at in top Rock Hill right across
the state line. So yeah, yeah, I live. I lived down
on James Island outside of Charleston. So that's about three It's about they have
about three four hours. Ok. Yeah, yeah. My grandmother's from Charleston,
so a lot of family in South Carolina. Yeah yeah, Charleston was
a good place to grew up as a kid. Well, we grew up
on island. It was good out there because we were at the beach all
the damn time. Yeah. Oh yeah, I say, yeah, you
got the beach. It can't be too bad. Yeah. Yeah. You
come from a family of teachers though, right, absolutely. Um, so
my mother is teacher. Grandmother was a teacher. I have an aunt set
of teachers. I have cousins around the country who are in the education system,
either on school board, the principals. So yes, grew up in
the education system a lot, and so my mom teach for over twenty five
years. Now, that's a big move, you know, moving from Charlotte,
North Carolina to LA. I mean I moved from, like said,
Charleston to Dallas, Texas. And I thought that was a bigger move yours.
It's a bigger move than mine. And what made you decide to move
out to LA. I started KRB Digital Assets Group with my business partner,
King. Our consultant was doing fine, but we were on different coats.
He was already in LA and he was just getting out of the Navy,
and he was in LA and I was in Charlotte, and we decided we
need to do a daily show to get the information out faster, which is
called The Gentleman of Crypto. And he convinced me one summer twenty seventeen to
come out and hang out with him, just to see what it's like.
And then September that year, I got my car in Charlotte and drove out
here to LA which was for the most fun days. But yeah, it
was a pretty big move, but I was just ready. I was ready
to move anyway. And it worked out because the show was now that five
hundred and seventy episodes and been going strong ever since, and our businesses has
increased as well. You're five hundred and seventy, Mike four minute Bitcoin Show
is five eighty one, so I'm just barely ahead of you. It's every
weekday I do like you do. It's funny. I drove out here a
long time ago. That was a long time ago. I was twenty nine,
I guess at the time time, and that was a big disruption or
change in your lifestyle. When you move that far away, so you were
already in crypto, though you discovered crypto when you were in North Carolina and
then moved out to La So twenty thirteen is when I found out about it.
Ironically from a banker. I found out about it, and you know,
I was in Riley at the time. I was a teacher, and
you know, when you're in your twenties, still trying to find your way,
almost anything, you'll try it. The good thing is I understood the
reason for bitcoin more than the price, being tech based and working in I
over the year just help reassure that. So yeah, I started out in
North Carolina and then when I came to California just took it up a notch.
Tell me about the gentleman of crypto. So it's a daily show.
It comes on that ten AM specific time and we go through news updates and
answer questions for anybody who pops into the live, live show. And most
of our crowd has stuck since twenty seventeen, twenty and eighteen. After that
bull run in December two the seventeen, everybody everybody wanted to know about bigcoins,
so we gained a big crowd, but they've stuck because we've consistently put
out, you know, content that is relevant to the time as well as
it's live, so you know you're speaking to people who know what they're talking
about. Some people, you know, they are okay in the crypto space,
but they prerecord everything and they have a script. We literally go live
every day and can answer whatever questions you have. So yeah, it's the
general Crypto has really taken off. Yeah. Yeah, my four minute crypto
is a script. But I gotta get my info out in four minutes,
all right. I'm not gonna be able to if I don't script it,
right, I'm not gonna do it in four minutes, So I got to
really cut it down. But this show I record also, though I don't
do much editing unless someone says, hey, don't put that in there,
but you know our someone screws ever something like that. But you know,
I find that I enjoy watching live shows and I'd like to get in there.
I just can't find out time. Some day I find someone like you
have that's a partner that I can work with, that can like handle that
in that, you know, and we could build a show, because I
think those are great shows when you can bring in questions like that, and
I'm sure that's what you do. You have people to ask you questions during
the show and you can answer the questions live. Absolutely. Yep. We
answer questions every day anything going on in the market. So I'm opinionated mostly
facts. But yeah, any questions you have and pop in on The Gentleman
of Crypto and ask away, is that at general in the Crypto dot com?
Or how do people find that on YouTube? You can find us at
the Gentleman of Crypto yep. And website is being rebuilt, so I don't
want to put it out now, but it will be up as well.
Okay, Now, really, I think I don't know if this is what
you're most known for, but this is kind of like your hot thing right
now, I guess is your book. Yep, Bigcoin in Black America.
So let's jump to that real quick too, and tell us about your book.
Just give us a rundown on it real quick. Oh yeah, so,
Bigcoin in Black America was written and published last year July eleventh, twenty
nineteen. And a fun fact, the only time Resident Trump has ever tweeted
about bitcoin was on the date my book was released, So that kind of
gave it some a boost when it first came out, and since then,
Yeah, that's what I said. It's free promotion. I didn't have to
pay for it, but a lot of people google bitcoin and bigcoin and Black
America came up for a lot of people. So that book came out,
and one of the things I wanted to do was make my message more efficient
and get it to as many people as possible. And I also wanted to
make sure that the black community realizes that bitcoin is a great opportunity for us
economically, even though we don't much. You know, many black people don't
know about it, and unfortunately, the media does a good job of that
misinformation because you know, bitcoin was tulips, Bitcoin was a scam, It's
used by drug dealers. All of that stuff is what the media says.
So I wanted to write a concise book for the people in my community so
that they could read it, apply it, and see that a regular person
such as myself has been a bitcoin for years now, and I'm not a
nuclear physicist or you know, one of the you know, one of the
super smart people was just learning it and applying it. So wrote the book
for that reason. And I'm glad people are taking a liking to it and
are able to process the knowledge. What motivated you really to write this book
because you knew the content and so I mean, what made you say,
Hey, I'm going to write this stake for a book because you could written
them him at anything. Yeah, So the idea. I started thinking about
it twenty sixteen after it was following the Mike Brown protest they got killed in
Ferguson and one of the things I wanted to do is what is happening now?
Protest again? I wanted to stop him from happening because I wanted us
to have an economic solution so that we could control the neighborhoods that are being
terrorized. And started thinking about it the same roommate that told me about bitcoin.
I kicked around the idea with him. He loved it, and then
I was like, well, write it when it's time. And that's how
it came about. And I started writing writing it in two nineteen and finished
it that year. And you know, one of the biggest motivations too,
was to get the book out before something like what's happened the last couple of
months happened, because if I just wrote the book and just published it.
I could be seen as an opportunists or somebody who's trying to take advantage of
the moment. But I tell people, I've been talking about this for years,
So I saw this exactly, yeah, exactly. So that's that was
sort of the urgency of getting it out last year because I knew twenty twenty
was gonna be pretty big. Yeah. So you know, I think that
I saw well, I didn't think I saw maybe two weeks ago video on
I think of me. I saw it on Twitter of you may have seen
the same video of At a Black Lives Movement meeting, someone was speaking and
he said to the crowd, you know, we have got to get into
bitcoin. Basically, you know, we are using the money that is holding
us back. You know, we're putting them, We're keeping them in power
by using their money. And even if you spend five dollars, you know,
or ten dollars on bitcoin, you're doing something to help the people basically
instead of helping the banks that are holding us down. I thought it was
a pretty powerful message that the guy made. You know, you know a
video I'm talking about, Oh yeah, absolutely. It was made out here
in La on the it was downtown, I believe. And it was funny
because when the video started circulating, because he had a mask on and people
couldn't see him, people thought it was me because people I live in LA's
people know I live in La so I did. I got a lot of
messages on Twitter from people saying, was that you? But did you sneak
into a protest and set because they had never I guess heard the black person
be that open about bitcoin in public, And I said, no, it's
we're waking up. People are starting to realize, Yeah, the thing that
is holding us back, the root of the problem is the money system.
So I was glad to see that. I followed him on Twitter, talked
to him a couple of times. So yeah, it's great to see and
I think some people got the message, but I think most people will.
With news such as PayPal today, well that's very big. News becomes true
if it's not a rumor, I mean, yeah, exactly exactly. If
it comes true, that'll be great because then people will say, hey,
this isn't going away. I mean I think cash ip was enough proof that
it's not going away. Then accepting or allowing people to buy a bigcoin but
yes, glad that message got out and I got offered money from other sources
to go to a protest and do the same thing. But I was like,
that was organic, that was perfect. That's exactly how it should be.
Nobody was expecting it. So I love it. And in case you're
listening and you don't know what Isaiah and I are talking about. With the
news, it was a news news article came out to Day this rumored that
PayPal and Vimeo are going to start selling bitcoin and maybe maybe the announcement to
be made within the next three months or something if I'm correct, which like
you said, that'd be I mean, what do they have like one hundred
and fifty million users or something. Heck if he even three hundred million.
Yeah, so even if one percent of them joining up a lot of people,
Yeah, that could start incredibly Yeah. I saw that. I had
seen I saw that, Like I said, that guy give us a talk,
and I've seen a sign here and there during an event, you know,
buy bitcoin, blah blah blah bitcoin. But I wish we would see
more of that because I think you're I think you've got a great point.
That's a great way I think I made a post about it two weeks ago,
so saying, you know, it seems to me like buying bitcoin would
be a good way to get a point, your point across, or anyone
to get their point across and accomplish what they want if you d fund the
people who are causing your problems exactly. I mean, I don't know,
it don't sound like rocket science to me. I mean, yeah, yeah,
it sounds so simple. It's complicated, you know. I mean you
tell people that they're like, now, it's gotta be more we gotta do.
And I was like, honestly, the most peaceful protests you can have
is just simply buying bitcoin, take your money out of the banks, stop
using their services. At least if you start using bitcoin, and there's a
push from the black community to use bitcoin, at the very least, they'll
have to change their practices, even if banks don't go away forever. And
you know, like some people think at the at least how to change their
practices, and they will have to offer a better product in order to get
your business. Because bitcoin is becoming more and more you know, easier to
use. Onboarding is a lot easier. So yes, I think bitcoin can
get the banks back in line, and you're right. I think that's the
best way for us to protest. I think it's kind of like when I
was a kid, being a little kid. You know, Martin Luther King
led protests and you know, peaceful protests. But if stores during the civil
right movements, we're not caring about the black consumer and treating him not in
a good way. They had times when they just would quit shopping, boycott.
Yeah, thanks, And then when they boycotted and they said, geez,
we need that business. We're gonna ride a business. We didn't need
to change our tunes. Because money is a big, big mover in this
country. Money is like sometimes the only thing people understand exactly. And the
boycott, the Montgomery bus boycott that they did after Rosa Parks wasn't allowed.
They bankbrupted them. They had to. It was probably you know, two
busting companies. And once that one big one with bankrupt, like six new
ones popped up because they simply didn't give them their money. And you know,
that is one way to do it, but at the time they didn't
have bigcoin. Now we can go a step further and we can be fund
the entire system that is literally the only thing fund in your terror right now.
So if you actually want to solve the problem, you got to go
to the source. All this other stuff is mostly smoking mirrors. But once
you start talking about the source, I think we'll get a better understanding than
of how to solve the issues. Yeah, I agree with you a hundred
percent. I think that is good. And I think your book if your
book, like I said I told you earlier, I'm in the middle of
another book that I saw you recommend, actually had a cost price of tomorrow.
I think the price is tomorrow. Yeah, yeah, number halfway through.
So I'm gonna read yours next. So if your book's going into that,
I think that's a great message that I believe in also, so I'm
kind of excited to get into that and read that book there. I didn't
realize though, that during the Montgomery situation with Rosa Parks, I knew there
was boycotts. I didn't realize they actually because of the boycotts that the bus
company that caused the whole issue went out of business. Yep, they boycotted
them for a whole year. So it'll put you out of business. That'll
put you out of business. So yeah, and even though it was publicly
funded, so to say, it was private interests involved and they had to
restructure and start all over. So yep, it works, and it's been
done with other businesses, just not as much today, only because I think
a lot of people in the black community don't know that their dollars are going
towards companies who are funding their terror. A lot of the big corporations,
a lot of the private prisons that are built, a lot of the police
violence we've seen as all as a result of the money you use. So
we got to find a different way. I met Rosa Parks maybe fifteen years
ago, and you wouldn't think that such a little woman would be so powerful.
I mean to be honest with you, because she's just a small little
woman. But she had a power and she was determined. If a little
woman, a little lady can do that start something like that, anything can
be started. And bitcoin can definitely go that way. How are sales going
with the book? By the way, before I go further, are they
Are they what you expected? Or are they doing better? Actually, last
two weeks volume has been exponential. I sold about ten times as many books
in the last two weeks that I have the entire year. So as far
as it picking up, I think people starting to see the message. I
had about four or five new bookstores that are carrying it, so sales are
going good. I'm just happy people are finally seeing that this is a solution
more than just you know, bitcoin price go up. It's like no,
no, no, it's actually solution based and we're getting a lot of new
eyes on it. So, you know, people who are older is sort
of the crowd I was going for as far as getting them simple explanations,
and also younger crowds college and young high school and younger so that they are
introduced to it. So people in the middle middle class like us, you
know, you kind of want to just keep it in the road. You
got kids, you got a mortgage. It's kind of hard to discuss it
with them. But the younger generation as well as the older people who may
have lived them more money. I definitely wanted this book to be simple for
them. Well, I think you know, that's a real problem with the
bitcoin is that people a lot of people see it as orange cooin goes up,
only you know, and they don't realize it's anything but an investment vehicle,
and then they got, no, that's that's way too volatile of an
investment vehicle for me. And really that's not all it is. They just
don't don't see it that way. And I was telling you before the show,
you know, I think I face some of the same issues you face,
but in talking to boomers, you know, because they're like, may
it maybe even be worse, they probably are the worst of all to deal
with because they're all setting their ways. It's stuck. Yeah, it's definite
ways. And as I posted this morning on Twitter, you know, a
lot of boomers at least ways that I hang out with or retired and they're
pretty much set. I mean, maybe they're not going to be any wealthier,
but they pretty much can live the rest of their lives and have their
bills paid and take a trip here and there and see their kids and eat
and not have to worry about anything. So they're kind of going, why
do I need to take a chance. You know, I'm already sevent dy,
and I'm already I know I'm gonna I know I got enough money and
with Social Security and with Medicare that I could live the rest of my life.
You know, and why I take a chance. So I'm going for
the orange coin go up, and then at that and now I'm red,
you know at seventy Yeah. True. And one thing I always tell older
people of older generations. One thing I tell them is the trust you have
in your pension and your retirement, it only takes one time for it to
crack, the one time you can't take your money out of your pension,
or the one time banks going solving like an O eight and they can't give
you your money. It only takes once for them to in my mind to
be like, okay, well the trust we were promised is not here with
Bigcoin. Supposedly Bigcoin has died a thousand times. Somehow it's still here.
It went from six cent to almost ten thousand. So volatility is great if
it's in your favorite So you know, I trying to remind them that,
look, big Point could fail a million times in your mind, but it's
never actually going anywhere. That pension fails, that's human era, that's that's
not going to be very good. So I don't try to scare anybody.
I just think you should have a plan. B Well, I think that
the pensions they really have a big issue there anyway. Yeah, I mean
I think they're unsustainable as to what they are. I mean, when some
guy works somewhere and then he gets the last paycheck for the rest of his
life and he's going to live another thirty years. I mean, you know,
because let's see, even like Social Security, I started getting so Security
at sixty five, which is great. Well, I don't get it yet.
I'm waiting until seventy to get the most. But I couldn't get it,
and it's kind of like going cushion. Oh, with the day's science
and the shape I'm in and how people are doing nowadays, I might live
to one hundred, so how could they possibly afford to give me money for
thirty five years? Even I put it in, what I'm getting back is
so much more. And then I'm getting Medicare, which is like, oh
my gosh, that's like the greatest thing ever invented. If you were like
me and you were paying Yeah, I had eight thousand dollars deductible and I
was paying two thousand a month for insurance. That's a heck of a deal.
If you're in my situation and you're self employed and you were old,
you know, so I just don't know, and that's just like a pension.
I don't know how they can possibly do that. And that's what I
think bitcoin is a safety valve for, because I think they're going to shut
those down. You know. I went to my bank. I think a
picture of it. I went to my bank like three weeks ago, and
it was shut down and there was just a sign on the door saying we're
closed, call us if you need to get into your safety deposit box.
That's all it said. I didn't say when it was opening, didn't say
jack, just a sign saying it was closed and give a call if you
need to get into your safety deposit box for an emergency. Yep. And
unfortunately I've said this for years. I was like, imagine waking up and
your bank is just closed. That happened, and it's Bank of America.
It wasn't like some little bank mine as well a spargo. It was shut
down except for appointments. And I was like, so, y'all, do
people really think that they can't just shut down and be like, well,
we'll see you when you see when we see they can do that tomorrow,
and what will you do? Because it happened in Greece, they shut down
banks for like a week and nobody could get money out of ATMs, and
the price of bitcoin went up I think twenty something percent in Greece because they
were like, well stuff to buy stuff? What options do I have?
So I think banks will eat themselves. I'd like to say that all the
time, is that their policies are built for crisis is not to happen,
so when it does, they eat themselves. They print more money the fair
principal money banks have to shut down, their services are unavailable and they're still
humans with that work there, so their money is affected. So how do
you think they're going to feel coming back to that? So, yeah,
you're right two weeks ago when you went, We went like two weeks or
four to start pulling out money. And I taught my wife to go get
a certain amount of cash out of there. And she went out there and
said, now all you can have it's three thousand dollars and she said,
what do you mean? And they said that's all they can have, And
as she goes, you know, we have more than that in there,
and I said, but that's all we can have. I don't understand what
you My wife just couldn't understand it because she has no concept to the banks
to close. That's not even that's not even her brain wave. When she
came home and told me, I was like, yeah, that figures,
And my wife was just kind of like what do you mean? No matter
how many times they told her, she couldn't understand it. And they said,
you can come back tomorrow and try to get the same amount again,
and she goes, well, I'd have to come back for a few days
to get what we were playing on taking well and said, so you guarantee
I can get that much smart you I can't guarantee you can get that much.
Smart could change, but now it's open. It was kind of a
weird deal, and so we've gotten out what we felt like we needed to
get out. That's kind of a weird deal, in't it. You go
to a bank and it's closed. Yeah, that was a test run.
I think. You go to a bank, it's closed, what do you
do? And a lot of people might have panicked, But that's what plan
be. That's what bitcoin and other cryptocurrencies before, you got to have some
sort of backup plan. If you need to buy stuff, There is nothing
better, right, now can rely on banks. What do you think would
happen if all the banks closed instead of some of them from a week or
two, I think we would have finally have the mutiny that people should should
have shown before. It just would go towards the right direction. We should
be just going straight at banks and feder deserve anyway. But I think once
that happens, I think people will stop the thought process of everything the USA
does is good, all of our systems work. I don't need to deal
with that. Because when you talk about bitcoin to people in countries where their
governments have filled them over and over, they get it instantly. As soon
as you say, they're like, oh yeah, I definitely need a plan
be against this government in America will kind of spoiled. Everything's been working fine,
you can go make money, put it into a bank. As soon
as it stops, that premise that the banks have and the fiduciary commitment that
they have is over. They don't really care about you. They never right,
they never did, and you'll just have evidence. So I think we'll
see a wave of people who panic, and when we see some people who
go into a bitcoin, some people will probably start pushing gold you know,
or trying to buy more gold. I think that time is coming sometimes soon,
you know. I think what's happened in our country is, you know,
the depression was so long ago, and the blank thank closings were so
long ago, and the government taking your gold was so long ago that most
people don't even hardly know what happened. And if they do know what happened,
they don't know how bad it was. And they definitely didn't know that
the government take came and took your gold that you couldn't known it anymore.
They don't know that at all. So I think that's a situation. Hey,
before we go any further, I do want to take a moment here
to tell everybody about bit block boom. If you're not familiar with bit block
boom, check out the conference I'm putting on. This the third year we've
put on bit block boom. It's a real bitcoin conference, and say real
because that's all we talk about is bitcoin. It's not a cryptocurrency conference or
an all coin conference or a blockchain conference. It's bitcoin conference and that's pretty
much all we talk about. So check it out at bitblock boom dot com.
It scheduled for August the end of August and Dallas, and it's gonna
be a pretty big conference this year, but it's not big. We limited
to three hundred people, so it's a limited size conference. But it's going
to be our best one year. So check that out a bit block boom
dot com and see what our lineup books like. Like I said, I
invite you before the show. If we can make it work, I'd like
to get you out there to speak at Absolutely. I thought that was funny
on a show I told you. I watched you on several other YouTube interviews.
Yesterday I spent a little bit of time watching you, and you were
talking to someone about a conference in Washington, DC that was putting on a
bitcoin a black bitcoin conference. I guess we would say and then, and
the way you put it made me laugh. I mean, I hope,
maybe it's not funny and I shouldn't be saying that, but you were like,
I was the only black guy at the white conference, and I thought
that was really funny, you know, and it's really hard. Maybe it's
not. Maybe I've just been looking at the wrong place, but you know,
out of all the people who've asked me to speak at bit block Boom,
which I've turned away a lot of people. This year, I didn't
have one black person asked me to speak. You know, so I take
it for granted that there's not as many black people into bigcoin as there are
white people. Do you think that's a true point or do you think I'm
just like color blind, I'm not seeing it. Oh yeah, Demographically,
there isn't that many black people who are in the bigcoin space. And just
crossing path is one of the things that has enabled me to become pretty successful
in this space. Is like I said, I used to go to conferences
all the time, you know, just solo show up and I would meet
people who, you know, maybe they had a conference or they had a
business. So bit block boom. Black people just didn't know about it.
So Saint Clair Skinner, who you know, he has a company called bit
Murray. He started the Black Blockchain Summit in DC and it's you know,
We've had hundreds of people for the last two years. And I was the
keynote speaker last year. And one of the things that I wanted to encourage
people to do was to not only come to a black blockchain conference, but
go to other conferences so that you can be out, people can see,
you can introduce network because, like you said, as far as the bigcoin
space, it's for everybody. So you don't necessarily go looking for a certain
demographic of people, whether it's Black, whether it's you know, Asian,
you just don't go looking forward because that's how bigcoin worked. It was for
everybody. You find it, use it. So I went you there and
going forward, I think you have much more interest from the black community with
the work that I'm doing, with the work that others are doing. So
yeah, we'll definitely get get that change. Last year we had two speakers
and one canceled at the last man just couldn't make it because of an issue.
The year before we had one, and then the last few years I
haven't had any women. I took a lot of grief about that, but
not one woman asked, you know, it is the same situation I just
was looking at. Yeah, I'm pretty much just get an email and I
go who is this and I look, Okay, you look like you'd be
a great speaker. I'd like to hear you. And I lined them up
and then I got a bunch of bunch of last year and I never even
noticed it about the women, and so this year I was telling us someone
about it and they said, well, I'd like to speak us. Well,
why haven't you asked? You can speak, I'd love to have you
speak. So so I'm trying to move on that, but that was kind
of funny. Hey, I got some questions here for you to get off
a bit block boom because I don't want to, you know, I talk
about that way too much. It's kind of like becoming a bit block boom
a conference show, and that's not my goal here. I'm going to ask
some of these questions here from people on Twitter. I don't think I have
anything that should be crazy here. Let's see what your quest answers are.
First, one is mind from mind you one five four eight eight four nine.
I don't know what do you think that means? One? That's probably
a box, but it's all good. Oh you think it is? Is
it less than a hundred followers? I don't know. I just copied it
over. Oh is it? If it's a weird name like that, it's
usually a box, Sam oh boomer. I don't know a lot of this
stuff. It usually box. Yeah, okay, well it asked asked a
pretty decent question. Why would a bot ask this question? Well, you
can control your box these questions, but yeah, I got Okay, what
happens when the Federal Reserve bands fee out on on rams as far as like
coin base on ramps up? Yeah? Yeah, yeah. If government says,
hey, coin Base, we're shutting you down and we're taking all the
bitcoinness on there too, probably what would happen. Yeah, Well, whenever
other people think that they can shut down these businesses, I tell them,
I promise you there will be other ones that pop up. And on top
of that, legally, there's something called a bit license Jim, and I
hasn't Coinbase hasn't, so legally they wouldn't get shut down, and they do
hand over the data to government officials. So I don't think any on ramps
will be shut down unless they didn't follow those rules. If the Fed wanted
to quote unquote shut it down, the only effective way would be to say
that they would had practices with terrorists were using their platform and we're moving you
know what I mean. It would be sort of that sort of problem.
But I think they would clear it up and they wouldn't get shut down.
The only thing that can really shut them down is if people people don't want
to use them, because as soon as one exchange shuts down, I promise
you that somebody would with an idea for another exchange. Because it is bitcoin
is legal, you can use it anywhere, So people will use VPNs,
maybe use international exchanges. People may start using decentralized exchanges to convert. You
know, there's no way to really stop it. Indoors box has been open.
Yeah, yeah, I agree completely. Our next question is some status
quant which specific community in the US today is best position to convert into a
full circular bitcoin economy. I don't even know what that question means. So
so as far as bitcoin being used in a circular economy, I believe black
people should have the best use case for it because when you talk about group
economics, every time we've tried group economics, it's been with bricking mortar stores
and in black Wall Street and Tulsa, in Rosewood and Florida, in women
to North Carolina, there have been black owned Wall Street or businesses that are
in the community and they all got burned to the brown and the reason being,
of course, we have racist who are who didn't like them but bitcoin
is best black people who as a circular economy because we can have a digital
economy and you can't burn that down, and you can build and have group
economics and support each other's businesses so that the entire community is leveled up.
Much like here in La you have Koreatown, you have Little Ethiopia. You
have a lot of different communities that support each other as a close knit group.
And I think that would be great as a circular economy for black people.
I think we have the best shot at it. That's the use case.
I think it's for us. We should be at the forefront pushing it.
I mean, just along with everybody else. So that makes sense.
And like you said, you have in La little Korea, I mean you
have trying to town in places you have a lot of a lot of cities
that go to there'll be ethnic communities that all seem to support each other with
their shops and everything. But I don't see that as much in the black
community. Am I wrong? Or if I've just been hanging out it's a
wrong place, I mean, which could be You're right, it's but that
was a concerted effort. One thing I want to remind people is is that
black business owners in the forties, when they tried to build businesses and certain
especially in the South, they were denied loans and then those loans were instead
given to immigrants. That's why you have a lot of Korean stores in the
middle of the hood in La Or you have a lot of That's why you
have a lot of Indian shop owners in the neighborhoods in Charlotte where I grew
up, because those loans were given to immigrants over black people, simply because
there was a law, can't remember the name of it, but a banking
law against discrimination against immigrants. It wasn't applied to black people for some reason
because the power that we supposedly can wield, I guess scared banks off.
But yes, that's why you don't see it. And then when black people
do open these businesses, a lot of times you have provoking tours, you
have police that can shut it down, you have outside forces that will work
to actively get rid of black communities who or black owned businesses in these communities.
So it's been a struggle, has been a fight. But there are
a lot of online businesses starting now, a lot of black owned businesses that
don't have to have brick and mortar, so we're we're still moving along just
farm. But you're right, you go to black babloos, you don't really
see a lot of black own businesses, And unfortunately the media has picked that
up as oh, y'all must not want businesses. It's like, no,
no, no. This has been a concerted effort to keep black people away
from building another Black Wall Street or something as big. In my opinion,
yeah, I think that would be a stupid reasoning to meeting would come up
with. I don't think there's a human being who isn't excited about being in
charge of their own destiny if they could possibly do it, and that's what
being an entrepreneur allows you to do to at least ways partially be in control
your own destiny. So that doesn't make any sense at all. So that's
another case also for bitcoin, then, is what we're getting at here basically
is that bitcoin don't care. Bitcoin don't care if you're black, white,
Asian, gay, It just don't care. It's just going to keep doing
the same thing, and you can get on the bandwagon and take advantage of
it or not. That's your progative. But if you want to jump in
and get on the bandwagon. It just don't care exactly. And that's a
solution we need. We need an unbiased solution that involves money, and Bigcoin
seems to be the best, best one right now. Yeah, you don't
need to worry about going to a bank and getting a bank account. Yeah,
you know, turned down into the bank account. You have to worry
about them telling you can only take out three thousand dollars either. Yeah.
Yeah, we're going up and it's closed, Yeah, exactly closes. Yeah.
Both of those were weird to me, I mean, and maybe more
weird because I've been around a long time, but I kind of expected it.
Let's see the same. Another question, other than financial prosperity, what
do you want to accomplish in life? I want freedom, and by that
I mean real freedom, the ability to do what I want when I wake
up every morning. So it's not only financial prosperity, learning how to grow
my own food, learning how to farm, learning how to build my own
or construct my own houses, you know, just complete and total freedom.
And I would really like to be on an island somewhere far away within the
next five years. So that is really my goal. You know, everybody
should want to attain some level of freedom, and that's that's all I've been
working for. Money is just a tool to get that freedom. So you
have an aisle in an area world in mine, I got a couple,
still trying to figure out which one, but yeah, I've got a couple
of places I would really love to stay for a while. Where do you
see America in ten years either completely changed or we will not remember America as
it was, simply because if the financial system, that could be Even if
it's completely changed, that could be true. Yeah, And what I mean
by changed is the people that are in control. It kind of flips to
more you know, diverse, younger crowd, and America kind of switches its
tune or will be like the Romans, will you know, mess ourselves up
from the inside out, and America won't be as viable as people think and
not as great a place unfortunately. But I think in ten years we'll solve
those problems. And I think not just big coin, but just the mindset
of people is changing now. If you've noticed a lot of people tune,
that has changed, a lot of corporations have changed their way of thinking.
I think of ten years, we'll clear that up. I am kind of
cautious to say that, only because there have been people who were part of
the fight in the sixties and seventies, like, yeah, this is definitely
gonna be fine in the next ten fifteen, and then we're in twenty twenties
still having the same fight. So I just want to be cautious there.
But I think financially things have changed, so we'll see real change in ten
years. So you know, this is a question I'm asking getting into today's
world. What's going on in the United States? Everything? What do you
think of a community is like chop going on. I mean, I kind
of am concerned on that because like yesterday I saw some guy was killed then
they couldn't even get in there to try to figure it out, and that
didn't seem like good news to me. I mean, people walking around with
guns is not a big deal because I see that. I see why people
white people walking around with guns, you know, and I don't go,
oh my god, there's a white guy with a gun. So I don't
know why I should feel any differently if on TV I see a black guy
walking with a gun, and I mean, you know, if it's legal
to have a gun. Who cares. But that kind of got me yesterday
when the police couldn't come in there to try to work the crime scene.
I guess yeah, and I think chop. I mean, if you think
about it, it's kind of like the beginning of a bigcoin is random.
It's all over the place. There's no real leader. They're starting from scratch,
and to build a community from scratch. We'll see how it works.
But some of the essential services they need they don't have them yet. And
like I said, if you compare it to the start of bigcoin, you
could it was almost no way for you to get it on an exchange.
There were no exchanges. Really, yeah, you had to send money in
an envelope. There's some guy and hope they showed out or meet him at
a cofee house like I did for the first two years, you know what
I mean. So I think anything you start from scratch is going to have
his bumps and things going through. I do want to say in the community
that they're building, they have made a consertive effort to make sure that if
people want to live at separate parts, they do. They separated people based
on that and then everybody comes back together, you know, whenever they want
to. So Chop is an experiment. I have to see more about it.
But this reminds me of bigcoin building from scratch. It's like when you're
building from scratch, you have to go through these trials and errors. And
I don't really believe much from the media as far as how bad things are,
and I don't ever really think things are as good as they say.
So I think it's somewhere a happy medium, and I think they'll they'll figure
it out to an extent. We'll see how far the city of Seattle goes.
Yeah, yeah, but that's true, I mean, or how far
I guess even the president lets him go. I mean that he could always
send troops in there not, so it's not just up to the city of
Seattle. When may nothing's up to anyone anymore. I mean, you know,
the bankers, I guess we're pretty much going to decide what happens in
there. Yeah, when you really get down to it, that's really bad
it except I have one last question. Do you listen to any podcasts?
What podcasts do you listen to? Well, I really only listen to maybe
two podcasts. I listen to pomp Anthony Pompiliano's podcast podcasts, and as far
as regular information, I would listen to Joe Budden his podcast It's podcasts and
just catching up because I'm getting older now, I can't keep up with music,
so I kind of listen to him to see what's what's going on.
But yeah, those are pretty much only two. I do a lot of
podcasting and videos, but I don't listen to him a lot, so it's
kind of weird. I really don't really don't have as much times. But
yeah, yeah, those are two I try and catch. That's weird that
you said you're getting older now and you don't listen to music much. And
you know, I don't listen to music at all anymore, and I used
to all the time. But but you know, I set up a turntable
here in my office and I've started bringing I have like three or four hundred
albums, you know, from the seventies, so I bring up two or
three every day now. Nice, Well, yeah, I need to bring
some of my vinyl there. We can jam out every I collect seventies Final
two. Yeah, every morning I put on I had Tower Power this morning,
and then went to rolling Stone, so so yeah, it's kind of
funny listening in that old vinyl and some of them I don't know how I
screwed them up so bad, you know, because where can they buy the
book at? First of all, let's get there. Where can they buy
the book at? You can head to Amazon and just typing bigcoin in Black
America. I was an Amazon bestseller on there. I do want to shout
out to them. You can go to Bigcoin in Black America dot com if
you want an autograph copy um, and you can find me on Twitter at
bigcoin is a Z A Y. And before we go, I always ask
this, is there anything maybe I didn't cover that you want to make sure
and tell everybody I want to. I don't want to miss something, melt.
Since you took the time to come on the show with me, if
there was something you wanted to tell people, or announcement or something and particularly
wanted to share that I didn't think of to ask, well that was all
for me. I mean you asked perfect questions and the questions from Twitter were
great as well. Yeah, I got everything out. I just want people
to read the book and yeah, keep buying a big one, Okay,
well, thanks for coming on the show. I do appreciate this. Let
you know you were officially a cryptocusin now. Thank you for having on this
show. I do appreciate that. Thank you, sir. I hope you've
enjoyed today's show, and I want to give a big thank you to all
my cousins out there for listening and subscribe. If you haven't subscribed yet,
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