The Man Who Bought Bitcoin at 67¢! Podcast w/DavinciJ15

00:00:00:00 - 00:00:05:21
Matt Haycox
Given that your view is it's going to replace the monetary system, when you get that Google cheque, do you turn it into Bitcoin or....

00:00:05:25 - 00:00:06:26
DavinciJ
Yeah, about 90%.

00:00:06:26 - 00:00:09:17
Matt Haycox
Regardless of what the price of Bitcoin is at that point?

00:00:09:17 - 00:00:34:18
DavinciJ
I don't care because I'm playing this game for the end game. Most people don't invest that long, but this is different. This is bitcoin. This is a technology which is obviously, it is a protocol. Protocols is a means of communications. Means of communications is exactly like English. Do you think English is going to die sometime soon? No. If you understand that, you'll understand this is not going to die within your lifetime.

00:00:37:19 - 00:00:48:06
Matt Haycox
Guys. Matt Haycox here. And welcome to another episode of The Matt Haycox Show. I've got with me today crypto expert and special guest, Davinci. We're here filming in Dubai. So welcome to the show.

00:00:48:13 - 00:00:49:19
DavinciJ
Thank you. Thank you. Glad to be here.

00:00:49:21 - 00:00:55:26
Matt Haycox
Tell me, I mean, you're American, obviously. I mean, we've got.. so we've got some-

00:00:55:29 - 00:01:00:13
DavinciJ
No! Obviously... I'm from Chile! I came all the way from

00:01:00:13 - 00:01:03:23
DavinciJ
Chile to Dubai. I was living in Chile for eight years, actually.

00:01:03:23 - 00:01:05:27
Matt Haycox
Oh really? I thought you were joking. You are American, though?

00:01:06:02 - 00:01:06:13
DavinciJ
No.

00:01:07:02 - 00:01:07:21
Matt Haycox
Are you from Chile?

00:01:08:17 - 00:01:09:20
DavinciJ
No. No.

00:01:09:20 - 00:01:13:06
Matt Haycox
I'm completely confused about what the fuck's going on here now

00:01:13:06 - 00:01:13:15



00:01:14:25 - 00:01:18:17
DavinciJ
Actually, I’m from... I was. I was raised in Canada, but I was born in Trinidad.

00:01:18:18 - 00:01:32:27
Matt Haycox
Okay, well, I was. I was going to use all that to a lead on to ask when you, when you came to Dubai and what brought you here. I'm always curious when I meet fellow expats in Dubai, we all seem to have a story to tell, and it normally involves a very quick, swift appearance here.

00:01:33:05 - 00:01:40:04
DavinciJ
Exactly. Yes. I mean, how I got here basically is I was living in Chile and my friends were saying.

00:01:40:05 - 00:01:42:13
DavinciJ
Come to Dubai, habi, to come to Dubai.

00:01:42:13 - 00:01:45:03
DavinciJ
And I'm like, Yeah.. Whatever... No.....

00:01:45:26 - 00:01:46:10
DavinciJ
But there's.

00:01:46:21 - 00:02:11:00
DavinciJ
Zero taxes. You gonna love the tax. It's 0. 0. 0. 0. I kept saying, yeah, yeah, whatever, because I already know how- I know how to manage the taxman very well. -had you been to Dubai before?- No, well, actually, I went on a vacation one time, a few, like just months before I decided to move, right. Went there to hang out with the boys with Carl From The Moon, Chris, Crypto Jack and a few other guys.

00:02:11:09 - 00:02:34:19
DavinciJ
And so we hung out for a while at the, what was it called, The Blue Waters. -Oh yeah- Caesar's Palace. And that was lots of fun, right? We had a lot of fun the week and a half that I stayed here in Dubai, but then I went back to Chile and I was like, Yeah, Dubai, whatever. But one of the things you just don't really understand the freedom you have once you don't have to worry about filing taxes.

00:02:35:06 - 00:03:00:17
DavinciJ
I'm like, Damn, I don't have to report anything to the government at any time? Do you know how much time you free up from that? I mean, I'm trying to refile a U.S. tax document because I get paid by Google and I happen to get paid in my U.S. account. I had to file a whole bunch of documents explaining where I live and whether or not I'm going to be taxed and going to be taxed 30% because I live here in Dubai.

00:03:00:19 - 00:03:09:17
Matt Haycox
I mean, I was going to say, even though, even though you're living here, having the American tie, I mean, that kind of subjects you to lifetime worldwide taxation anyway?

00:03:09:19 - 00:03:19:22
DavinciJ
But I'm not American, but it's still going to pay that American taxes anyways because there's no tax treaty between Dubai and the United States so, too bad.

00:03:19:22 - 00:03:35:25
Matt Haycox
Well, I guess as much as no one... no one wants to be paying taxes, given what I'm about to say, you've got plenty of spare dollars for that, because I heard when I was doing some research for this that in 2013 you did a video saying that people should be buying Bitcoin, which at that point was a dollar.

00:03:35:25 - 00:03:53:05
DavinciJ
Yeah, well, actually it was 2013 I did that video, the price was not a dollar, but I was just telling my subscribers like because they were commenting on my video saying, ‘I wouldn't even put in a dollar into this Bitcoin crap, this, this shit coin called Bitcoin.’ That's when Bitcoin was the first shitcoin.

00:03:54:11 - 00:03:54:24



00:03:54:24 - 00:04:16:19
DavinciJ
Because it was the only coin. Back in 2011, actually they were making fun of me because in 2011 is when I first discovered bitcoin, when it was only a dollar, my lowest price was $0.67. But anyways, I started doing videos once I realized, Oh my God, this is going to work, right? I thought, Oh my God, I was going to be the hero of the gold and silver community because I found a monetary system that the government can't manage.

00:04:16:20 - 00:04:33:00
DavinciJ
Once I realized that this was going to work, I said in my next video, Every once in a while, something comes along that makes poor people rich because they bought it really, really cheap. This is one of them because this is going to replace our monetary system one day. And I explained why and I thought I was going to be a hero.

00:04:33:00 - 00:05:00:09
DavinciJ
But people thought I was crazy. People thought I lost my mind that first video got 751 dislikes on the first day and people hated it. People thought I was... I had completely, completely lost my mind. What are you bonkers? You going to tell us to buy this magic Internet money? No. No way. Everybody was totally against it. And I... I kind of understand why, but I thought, you know, if I just explained it right, then you'll see the light.

00:05:00:09 - 00:05:20:10
DavinciJ
You'll see that you're able to transfer wealth from one place to another with nobody stopping you. That's a huge thing. No one could rob you in between. Imagine trying to move gold, right? Let's assume the government was not the problem, but just thieves. That's even a thing in of itself, just moving gold from one place to another without worrying about thieves trying to rob you.

00:05:20:10 - 00:05:27:19
Matt Haycox
And when you talk about it, replacing the monetary system, I mean, what do you think is a realistic time scale in your expectations for that to happen?

00:05:27:19 - 00:05:49:03
DavinciJ
Realistic time scale? Well, I think from the inception, I believe because we have the Internet and information gets disseminated really fast with the Internet, I think this time around... it doesn't take- the last time we changed the monetary system, it took over 100 years, for people to really change- to really get into it, right? For example, moving from gold and silver to paper money. 100 years.

00:05:49:05 - 00:06:12:11
DavinciJ
This time we have like a lot of information. People are watching videos, they're learning- learning a lot faster than they used to in the past. So there will be an adoption curve that's very rapid. One day all of a sudden the next- When we go into the next bull run, maybe not the next one, but the next one after that, it will be every single person practically, that's that's involved in Bitcoin all at once.

00:06:12:11 - 00:06:41:03
DavinciJ
It'll be a massive, massive rush. And I would predict anywhere from the next 10 to 15 years that that's going to happen. This is a thousand times better than the money you use. In fact, I hope the European Union please, institutes their CBDC work. Yeah, yeah. You know what? You could only have €3,000 and you can only spend it here and spend it there and spend only a certain amount when we tell you, Oh my God, that is so beautiful.

00:06:41:08 - 00:06:49:20
DavinciJ
Because you'll know. Yeah. I don't like that. I think I should use something else. Duh!

00:06:49:20 - 00:07:03:21
Matt Haycox
I mean, there's so many different questions I could ask and avenues we could, we could go down on this. But one thing that I can never get my head around, not, not, not get my head around, but people who say, Oh, I wish I bought Bitcoin back, you know, back then. Or people go, I wish I'd have seen your video

00:07:03:21 - 00:07:32:11
Matt Haycox
and bought it for a dollar. I guess I find that the reality that would be, look, if I'd have bought Bitcoin for a dollar back in 2013 or 11 or whatever time we talking, there is no way I would still be sat on those same coins now, you know. When my dollar had become, I’m not putting a dollar in, I’m putting in 10k, 100k, whatever the figure is. When my dollar's turned into $2 or three or five or whatever number we pick, the reality is me and probably so, so many other people would have cashed out, you know, withdrawn at that point, you know, if not all of it,

00:07:32:11 - 00:07:47:23
Matt Haycox
certainly a substantial amount of it. So, you know, when people go, Oh if I’d have bought that Bitcoin for a dollar and it's now 20k or whatever, you know, I'll be a billionaire. But the reality is people would never, ever have ridden the wave that far. As someone who was, who was in at the beginning. How have you behaved with your money and how do you answer that question?

00:07:47:23 - 00:07:55:05
DavinciJ
Well, I know a lot of people waited until the 2017 run up right before they actually cashed in their Bitcoin. So that is false.

00:07:55:16 - 00:07:55:28
Matt Haycox
Well, sorry...

00:07:56:07 - 00:07:57:04
DavinciJ
Some people. Yes.

00:07:57:09 - 00:07:59:05
Matt Haycox
I'm not saying nobody...

00:07:59:05 - 00:08:17:10
DavinciJ
I know a lot of people... Yes. I think a lot of people did do what you said, because I do know more people who actually cashed out on the run up to 2017 and did not hold that that whole time when they should have and even before that. Right. I remember when I first started talking about Bitcoin a lot of people just didn't know how to hold Bitcoin.

00:08:17:10 - 00:08:32:27
DavinciJ
And so I held it for them. I held it for a lot of my viewers. I showed them their addresses, told them how to look it up so they could see that, you know, I'm not trying to take their money. It's right there. You see if it moves and you know I'm taking it, blah, blah, blah. Right. So I made it clear right, how to see this, right?

00:08:32:27 - 00:08:36:21
DavinciJ
I'm not like, what's it called.... Grayscale. Oh, we can’t show you the bitcoins.

00:08:38:00 - 00:08:38:19
DavinciJ
But we got them!

00:08:39:26 - 00:08:57:14
DavinciJ
But anyway, yes. So I showed them and then as it ran up from the lows of $2 in the 2013 run up, I remember getting phone calls from all the people where it was around $50. Okay, I want my money. Sell, sell, sell, sell! It’s at 50 bucks. Forget it. Let’s sell. I'm like, hold on, this is going to replace the monetary-

00:08:57:18 - 00:09:17:10
DavinciJ
You have to wait for that day. That's the day, you got to wait. It's going to be worth way more than this. No, no, no, no, no. Sell it all. Sell- why don’t you just sell half? No sell it all! and yeah, most people cashed out that I held bitcoins for during the 2011.. when I was telling to buy, cash out around $50 and really never got back to the prices that they they cashed out on.

00:09:17:15 - 00:09:25:23
DavinciJ
It never did and so I felt sorry for them but you know, that's what they wanted then, so I had to- I actually gave them the cash and took the bitcoins

00:09:25:25 - 00:09:26:00



00:09:26:20 - 00:09:27:19
DavinciJ
Yes, you know what I mean.

00:09:27:19 - 00:09:46:13
Matt Haycox
And given that your view is it's going to replace the monetary system, how do you behave with Bitcoin in your own, I guess, you know, personal money, personal net worth. I mean, obviously you were talking a minute ago about getting paid in, paid by Google, for example. I mean, you know, you're getting paid in fiat. What percentage of your income or net worth or however you want to look at it, do you keep in crypto versus money?

00:09:46:13 - 00:09:49:18
Matt Haycox
When you get that Google cheque, do you turn into into Bitcoin or do you...?

00:09:49:18 - 00:09:50:14
DavinciJ
Yeah, about 90%.

00:09:50:14 - 00:09:55:16
Matt Haycox
Regardless of what the price of bitcoin is at that point? 18k today, 22k today, you don't go...?

00:09:55:17 - 00:10:15:12
DavinciJ
I don't care because I'm playing this game for the the end game where it's money and then it's like, how did you do that right? Well, that's why people call me the O.G. That's why I was given this ring for free, because I represent Diamond Hands. That's some serious diamond hands. Now, I know that most people don't invest that long.

00:10:15:13 - 00:10:33:15
DavinciJ
They invest in businesses for a short while. Soon as it booms, that’s it, you get out and walk away because, you know, business can fail over time. As they get bigger, they become behemoth, they become like government, they become useless. They can’t pivot and they destroy. They self-destruct. Yes, I get that. But this is different. This is Bitcoin.

00:10:33:15 - 00:10:54:00
DavinciJ
This is a technology which is almost like, it is a protocol. Protocols is just a means of communications. Means of communications is exactly like English. Do you think English is going to die sometime soon? No. Yes. So if you understand that right, then you'll understand this is not going to die within your lifetime or within a thousand lifetimes.

00:10:54:00 - 00:10:58:20
Matt Haycox
And do you do any trading? do you ride any waves with it or are you just, you just buying to hold?

00:10:58:20 - 00:11:03:21
DavinciJ
I do trading, of course, I invest in other projects and stuff like that. And then, you know, cash back into bitcoin.

00:11:03:21 - 00:11:12:05
Matt Haycox
I mean, when you're buying things in day to day life, I mean, obviously not in the shops, but I mean if you were buying something from somebody who is happy to be paid in Bitcoin, do you pay in Bitcoin?

00:11:12:05 - 00:11:30:14
DavinciJ
Yes. Yes, I do. Most of my employees are paid in Bitcoin, actually. And also when I pay for my flights, when I pay for my my first class tickets, I don't want to send- transfer that kind of cash to the banking system. They'd be like, what you doing? Why you doing that? Please explain. We're going to have to put a hold on that.

00:11:30:18 - 00:11:35:27
DavinciJ
And and when they do that, I'm like, This is why I use crypto so I don't have to hear this nonsense.

00:11:37:19 - 00:11:57:04
Matt Haycox
Obviously, you say Bitcoin was thought of as shitcoin at the beginning because it was the only one. I mean, obviously now we're saying it's a good thing because, or it's here to stay because it's a protocol, you know, because it's a language. I guess you could apply that to many of the other coins are shit coins. How does, you know, the novice listener, the novice viewer, how do they differentiate between the good and the bad?

00:11:57:04 - 00:12:00:19
Matt Haycox
What are the warning signs to watch out for when you're looking to invest in other crypto?

00:12:00:19 - 00:12:23:07
DavinciJ
Well, when you're looking to invest in other crypto, there's a lot of warning signs you can look for. One is if if it is too good to be true, it is. If anybody tells you that they're going to, it's going 100x, 200x... Run. Run the other way. Just don't even bother talking to them. If they like to talk about their family and their kids, run. If they like to talk about how, oh, you know what?

00:12:23:07 - 00:12:26:22
DavinciJ
I'm a philanthropist. I like giving my money away. Run.

00:12:26:22 - 00:12:27:10
Matt Haycox
Definitely run.

00:12:28:26 - 00:12:30:05
DavinciJ
Run!

00:12:30:26 - 00:12:51:19
DavinciJ
Those are some of the basic flags you should look for to avoid when when you're when you're out there trying to invest in any kind of cryptocurrencies. My favorite is when when I talked to the CEO and all they talk about is their family, their kids and their wives, then I know you're running a scam because you're trying to get me to like you, not the technology.

00:12:51:20 - 00:12:55:02
Matt Haycox
So what... What other coins do you believe in? What else are you invested into?

00:12:55:02 - 00:13:02:07
DavinciJ
Well, I'm invested into Ethereum, Binance coin, of course, and many other cryptocurrencies that that I'm spread out through.

00:13:02:07 - 00:13:07:00
Matt Haycox
But do you, I mean, presumably you don't see those as replacements to the monetary system-

00:13:07:00 - 00:13:26:01
DavinciJ
Not at all. Not at all. In fact, the number one coin that I have lots of, I mean relative. Relative to most people is Dogecoin and Shiba. But I- do I think they're going to replace the monetary system? No, but I do think they're going to do well. Right. So because, you know, meme coins have lots of of cool things that people love.

00:13:26:01 - 00:13:51:03
DavinciJ
One is that people love the group mentality, the group proud of their their peers, their younger peers. And that is cute. It's funny. And you could buy, you could with a small amount of money, you could hold a whole lot because people suffer from unit bias. They just do. You can't- there's no way around that. You don't go into the grocery store and say, I want 1/100000th of an apple please

00:13:51:03 - 00:13:51:18
DavinciJ
No.

00:13:52:08 - 00:13:52:17
DavinciJ
No.

00:13:53:20 - 00:13:54:27
DavinciJ
You want the whole apple, in fact

00:13:54:27 - 00:13:55:21
DavinciJ
you might want two!

00:13:56:00 - 00:14:07:24
DavinciJ
So so when it comes to Bitcoin, there's a lot of problems with unit bias, right? People feel that they don't want like a fraction of a bitcoin right there. They just feel like they're getting nothing.

00:14:07:26 - 00:14:11:04
Matt Haycox
So talk to me about NFTs. You’ve had an NFT project yourself?

00:14:11:04 - 00:14:27:27
DavinciJ
Yes, my NFT project was Davitar. It sold out on my birthday. It was launched on my birthday and sold out on my birthday. I had a small collection. It was basically for my diehard fans. They could gain access. One of the cool rewards I gave my diehard fans is that they got a 20 minute video with me to just chat with me.

00:14:27:27 - 00:14:34:25
DavinciJ
And man, you should have seen the smiles on their faces. Oh my God. They were like, It was like heaven for them. You know what? I really appreciate it.

00:14:34:27 - 00:14:37:22
Matt Haycox
What is the theory behind your project? What's the utility?

00:14:37:23 - 00:14:54:17
DavinciJ
Oh, that's one of the utilities. And other utilities, like other people get different things that have access to me, like, for example, access to my private telegram group, access to my token, access to trips and stuff like that later on. And so it's going to be lots of fun, we’re going to have fun with that NFT. And there's only a small amount of them so

00:14:54:17 - 00:14:55:26
Matt Haycox
How many did you release?

00:14:56:03 - 00:15:01:18
DavinciJ
Only 915. So I want to keep it small. So it's just only for the true diehards.

00:15:02:16 - 00:15:04:17
Matt Haycox
How did you pick the number 915?

00:15:04:22 - 00:15:23:16
DavinciJ
Well, because my username, which is DavinciJ15. The reason why it was DavinciJ15 is because I never expected to be famous. I never wanted to be famous. Actually I looked at fame like I'm not going there. So I just thought I wanted a username that nobody else would take, no one else would look- think of.

00:15:23:16 - 00:15:42:21
DavinciJ
And DavinciJ, believe it or not, would go- people would take that from places. And so DavinciJ1 even they would take. So I needed something that, you know, no one would take and obviously nobody's going to take DavinciJ15th. No. And why 15? Because well, 15 is my birthday, September the 15th actually is my birthday.

00:15:42:22 - 00:15:46:00
DavinciJ
And so that's why I did 915, because September 15th.

00:15:46:01 - 00:16:00:01
Matt Haycox
You've gone completely the opposite way that probably everybody else wants to go with names, don't they? Everyone wants to have, you know like, Davinci, but because they can't get Davinci, they end up with DavinciJ15. And you look at them, and you think, Oh, why are you DavinciJ15? Oh because somebody else already took Davinci.

00:16:00:02 - 00:16:02:12
DavinciJ
Yes, exactly right.

00:16:03:06 - 00:16:03:26
Matt Haycox
It's funny.

00:16:04:07 - 00:16:17:25
Matt Haycox
Well, listen, it's been great having you here, buddy. It's been been nice to meet you. And like, say, your name's been coming up a lot with other friends of mine, so hopefully I'll be seeing more more of you in the future. I was going to say, tell everyone listening and watching where they can find you. But we've we've just said it's DavinciJ15

00:16:17:25 - 00:16:22:28
Matt Haycox
Yes -DavinciJ15 on YouTube, on Instagram, all across the social channels?

00:16:22:28 - 00:16:25:13
DavinciJ
So Twitter, TikTok, everywhere.

00:16:25:13 - 00:16:36:03
Matt Haycox
Perfect. And guys, as always, I'm The Matt Haycox. That's T H E M A T T H A Y C O X on all things social and YouTube too. Davinci thanks a lot buddy, see you again.

00:16:36:03 - 00:16:38:13
DavinciJ
Thank you.