Bitcoin Isn’t Enough: The Financial Plan You’re Missing! - Mitch Moore

At the end of the day, I think close to the picture, and they owning as much bitcoin as

Bitcoin is actually the means And the end that we're trying outcomes that we want to And so if someone is, you married, you know, three young can go to christian school, a family vacation twice a year or whatever to make those And, you know, they have these impact the fulfillment of That's what we're trying to achieve. It's not just own as much Welcome to the Business to helping you enrich your bitcoin, the hardest money on I'm your host, Josh Friedman, of strong wealth.

We're going to be talking is not a sufficient financial that Mitch thinks bitcoin will financial industry. We're going to get to our this. Mitch, welcome to the show. Excited to be here, Josh. I think we're going to have a Absolutely. So I like to start off every that help us to get to know us some insight for our own lives. So you ready for these? Yep.

Question number one is this, about bitcoin? Yeah, so it came up at a few Initially was actually 2017. I was in college at the time, room was talking about it. He was talking about how the he was thinking about buying got from his parents or And at the time, I was working finance.

So you think I may have, you than I was, but with my own any to invest, so I kind of And, you know, we all probably earlier than we actually did, an interesting story, uh, that this is, uh, prvious to You know, my business now, I I was taking a lot of investor This was from, like, uh, start in 2021. Um, and it was during the market crash in history. You know, we were hitting Um, there was like 3000 calls People were waiting hours just know what was going on.

And there were a lot of trades getting filled correctly for. And so they're calling in And so it had been a super I was taking 10 hours of calls was late at night, things were And I got a guy call in, and questions. I can't even remember exactly But then he started to talk to strategy and how buying gold some in his house was actually or maybe protection strategy, And I had gotten a couple of And so I started just to was saying. Sometimes you can kind of tune while.

They love talking to the And then he stops and he says, Who knows why? But he said, you seem like a Did you know that the Federal the government at all? It's actually a private institution. And at that moment, I just, I had failed me. You know, I studied finance. I was. I thought I knew more than the But he said that to me, and I And I never. That has never been said to me before.

So I was like, uh, no, I And he goes on to tell me a And he said, well, there's a And he recommends the creature You've probably heard of it. And that conversation sat with me. I didn't necessarily take Cause he didn't explain to me That's just all he said, and And so that was really the hidden truths of our financial to bitcoin. And then from there, bitcoin I'm going to start this and I know that I need to able to guide our clients well.

And so I start listening to the podcasts I can find, and And I wouldn't say it fully and the problem that bitcoin and followed through on that of Jekyll island. At that point, the light bulb then on. It's really cool. I mean, first of all, I'm a service has always been excellent. The people that you're talking great. So appreciate you for being cool to think that someone end, talking to customer the customers themselves can when it comes to helping what money isn't.

So as a very interesting to other people as they're online in the future. Yeah, for sure. Yeah. The common greeting of that what the is going on with my account? You can fill in the blank. Yeah. Yeah. So question number two is, that you wish everyone understood?

I wouldn't say it's about It's actually about our the theft, corruption, and financial system allows to happen. Like I said, for my own until I read the fiat standard that things really clicked for root problem and the So that's really what I wish bitcoin would come so easy to Question number three, what's to other people? Yeah, to non bitcoiners, I The fiat standard because of But to bitcoiners, which is a the last six months or so, I for bitcoin, kind of showing and the economic kind of Bible.

It's interesting, for sure. Question number four. Beyond bitcoin, what's a helpful to you or your work recently? I thought about this for a was coming. And, you know, I don't want but really, the best idea or has been my faith, my faith in Jesus. And so, you know, honestly, business has been slow. I've had some personal life it's been a tougher time, I Uh, but, you know, really gives me peace.

Just knowing that it's all future is I just have to The lessons that I need to So that's, uh, I would say my in time in my life. So, question number five. We call it our arbitrary but As a general life principle, Yeah, this one didn't take me Why not? Was an easy answer for me. And I'll tell you why. Because when I started this around taking that leap. You know, quitting my job, There's a lot of stress, that. Come with that.

But whenever I'm considering one frame that I like to look worst case scenario? And oftentimes, I find that as bad as we think until we And in that specific scenario, in business, I can just get You know, they're hiring love to have somebody like me. So my real worst case scenario back to my current life that case. So, for me, it's why nothing. Because the fear of the our minds than it actually Well, Mitch, we're here today wealth.

You've already talked about it If you could share with us strong wealth and maybe who in We are really the wealth And, you know, we have worked bitcoin, all the way to bitcoin, and that's 100% of So it's a transition that, last three to six months of Previously, we had worked with a lot of value there. But we realized that we have knowledge and believe that general.

This is the direction that the If bitcoin plays out like we And so, and, yeah, so now, you of traditional financial things that come with that to really give bitcoiners who this area, you know, up to out there that do things But in large part, what we to maybe my current financial it all and it's 60% of my net worth. I'm like, why would I ever do that?

Or they tell me I'm wrong, or in their analysis or whatever And so bitcoin has really run I believe in it, and, you find somebody to help me planning areas of my life. So I want to ask more about of how bitcoin starts to But first of all, I think new business owner, just over owners might get a lot of your process of figuring out marketing content on your website.

Because one thing is, when I one of the first things that I this with you already, is your I'd just be interested to hear developing who you're reaching strategy looks like as a new business. Yeah, that's a great question. So we did, I started strong actually, it would be three That's pretty crazy. Wow, congrats. I appreciate it. But, yeah. So finding my target market, block, I would say.

But the main question that I then even asked myself when we switch to only working with else was, who are we uniquely Like, that is the primary question. And previous to, you know, season of business, I should say. My answer to that was young I'm a young business owner. You know, I know the financial through the business related I can relate to everything that they need, what, what, And I believe that I'm people. And, you know, being able to you know, outside of finance clients.

And I was able to build up a, business that way, you know, about a year ago, and he was a Time. And so he's brought me even you will. But, yeah, when we decided to market is a bitcoiner who's married. It could be a business owner, He's got a few kids and he generous or he was an early and wants to pass that on to You know, when we're thinking positioned to serve that experience that we have in this. And honestly, not many others So that's the primary question a newer business owner is. Is that.

And then, you know, it may So someone listening right now fit?

Like I guess. How would you define bitcoiner? Like who. Who's a bitcoiner? Who's not? Is it just anyone who's opened plan? Or are you looking for someone intent with whatever bitcoin to have in the future? That's a great question, one our ideal client. And so we defined it as that if bitcoin were to become to zero, their financial So they have enough skin in a meaningful portion of their And because of that, we really large bitcoin allocation.

So it's not somebody who is If someone comes in and and see where they are. But really, we want someone go straight down into the that surrounds that large has the potential to become the future. So then maybe we can get to planning go together, if And that clarifying point actually have enough to wherever. If bitcoin goes to zero, which will happen, but if something tanks, then their lives would In that case, what types of with? So that if bitcoin were to be in that tight spot?

Yeah, absolutely. If bitcoin were to we work with people who have bitcoin, all the way to 100% And we're okay with anywhere we're not going to convince And so really what we're has 80, 9100 percent of their make sure that they first making. You know, here are the that could happen, the various If they do play out, are you You know, we have to make sure understand the decision that Because at the end of the day, are really too close to the and realize that owning as end goal.

Bitcoin is actually the means It's not the end in and of itself. The end that we're trying to that we want to achieve for And so if someone is, you married again, three kids, you to put them through, you know, to christian school, and they, twice a year and maybe buy a to make. Make those memories and retire early. And, you know, they have these impact the fulfillment of That's what we're trying to achieve.

It's not just own as much And so maybe that is 100% it's not for others, and we So really just making them could happen in the future is And if bitcoin does happen to think it's going to, and you And probably no one listening that anything is possible. Um, you know, a lot of things four years that even kind of in and of itself, and why it's necessary.

We wouldn't have thought, you So that foundational to start with, with anybody sure that they are prepared Just mentally, you know, uh, Way, one of the things that that your family is prepared to you. So what would be some of those things? Maybe just high level things when it comes to making sure family would know how to a fulfilled life, at least gone. Yeah, absolutely.

I think the estate planning value ads of our service that at this point in time. It's a big part of traditional I don't think, fully to throw everything out of the hold, and that's all I need to do. So, yeah, there's really two about. When you want to pass bitcoin your kids, grandkids or maybe it goes to your wife, you need possession of that bitcoin. You know, so, you know, by And then you also have to be possession of that bitcoin.

You know, obviously, we can't, in our hands, but making sure So, you know, when it comes to that a lot of bitcoiners don't trust in place of any kind, probate. And what that means is it's court is going to say they're the bitcoin goes to, and the world. How much bitcoin you own and a true bitcoiner, I don't Um, you know, privacy is bitcoiners and something that, with our service.

And so making sure that we in place to legally, you know, avoid estate taxes in some, in And then when we look at just it. Okay, first we need to you know, that will be secure for the people who need to get And so, you know, there are custody setups. You know, if somebody has a already kind of earmarking it we'll probably look at, you structure, getting it out of But then the custody set up bringing in a third party institution.

You know, a lot of bitcoiners But then, you know, we can for the, for the grandkids, 2030 years from now. And that can be facilitated It's really different for to make sure that you have the make sure the assets pass and avoid tax. And then we also need to make up in place that is both going Maintain your privacy if that.

If that is, you know, very third parties if we want to, or our spouse on what bitcoin to be able to access it and manage it, well, because if you've spent your whole life sats, and they don't get it, sold right away and they're even invest in something else it. So at a high level, that's to think about when passing So we've been talking about of said people would have net worth savings investments But let's turn briefly to just How do you see bitcoin planning in the future?

As I'm listening to podcasts, of looked down on, or there's about it. But how do you see things Oh, yeah. We could go many different I'll speak to something that I make financial advisors obsolete. We won't need to be standard, and I would agree the financial industry obsolete. But financial planners ever be completely eliminated financial planning down to our money to the outcomes that Traditional financial advisors investing in a few index funds do.

Yeah, they won't survive into is not forced to be an and build their wealth that then, yeah, they won't need is comprehensively looking at cash flow planning for goals, helping a family think through moving pieces.

I don't think we're ever going If we are, then it'll be a So all that to say, if we go it will eliminate a large, But I think myself and the a one that will stick around So on a bitcoin standard that think are the first things to Well, I think, like I said, I on investments and managing you know, industries to go.

Just because of what I Right now, because of our to be a professional investor already expected to be a And so that's what makes us, big and bloated, I would say, have derivatives and debt It gets so complex, insane. And so there's a large part of cut off, I guess. But yeah, I would say the that they will be one of the to a bitcoin standard tomorrow. So you've mentioned the times already and talked about and how there are downstream Could you talk a little bit you've seen?

I'm guessing a lot of people bitcoiners and might already But I think it'd still be thoughts kind of expanding on a bit earlier. Yeah, absolutely. I mean, one, one thing that is and so fiat food. I don't know, I haven't read but in the fiat standard, he We could talk about education. We can go into the others, but With the inflationary system focused on profits and profit margins. They are looking to cut costs is advancing over time and a cheaper and cheaper cost.

Our cost at the grocery store lowering the quality of the consistently buying at the to keep their costs as low as as high as possible, because street, is making sure that per share is always going up. The misaligned incentive there go into the dirt, I guess, and physically. And again, our financial than anyone else. Oppresses maybe would be the And so because of their costs getting financially squeezed, cheap garbage food that is You know, it's.

It's just kind of this you know, really starts to industries. But that's specifically what I important. One important area to me. So another thing you've talked faith.

I'd love for you to talk a foundational for you and some for a good life that is not focus on more money, but kind about where it's like a full, Yeah, absolutely. So, yeah, I mean, my faith is that I do and everything that I mean, Jacob and I are the point. And, you know, that's very And so we're always thinking our love for Jesus and how we become clients of ours.

And so one, you know, one idea him within the business and we are ultimately working for And so let's approach You know, let's show everyone because we're doing it not for them. We're doing it for, you know, And so that permeates, really, So faith is a big one outside Also, I mentioned my physical health. You know, I exercise doing all those things. You know, every area of my life.

I want it to be fruitful and much money as possible or, you I think a lot of bitcoiners bitcoin their top priority or thing in their life that And at that point, bitcoin has And so, yeah, keeping, is important. And I would say, yeah, my are really the three things outside of money, to make sure that honors God. Yeah. And I would say, you know, in a way that we encourage Most of our clients are by any means.

And so we definitely encourage as well, because of belief hearts, and God loves a So, um, that's one way that that I don't think a lot of I appreciate you sharing all that. Mitch. Uh, what are some final We've already talked about a you might want to share, as out more about you and strong wealth.

Yeah, absolutely. I think the final thing I'll is, is not a financial plan. You know, I know I've said and, and, uh, you know, I on social media. But it's important for that there are a lot of other can be optimized that actually preserve, you know, secure their.

Their bitcoin stack if that's translate the bitcoin wealth real life change for, you their grandparents, kids, you a tremendous impact because And so getting everything in something that should take We have the opportunity to greatest asset ever discovered. So let's take it seriously. Let's look at all the areas you know, in our, in our finances. So, yeah, that, that's the with.

But, you know, they, if they can go to strongwealth.net, that we offer and what we do I'm on Twitter and I still I'll never stop calling it But I'm on Twitter and Great. Well, Mitch, thank you so much It's been a pleasure. Thanks, Josh. Appreciate it. Well, friends, it's a wrap.

Thanks so much for listening show. If you want to reach out to those links down in the show dot, as always, keep building, keep living and leading. Well, thanks to those who have in the last week, including bowtied groundhog, Joseph the Black Lotus sent a note with with Charlie Stevens and said, If you would like to support and stream sats as you listen And if you include a note with it on the show.