There’s A Glitch In The Matrix | Luke Belmar - podcast episode cover

There’s A Glitch In The Matrix | Luke Belmar

May 30, 20241 hr 23 min
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Episode description

Luke Belmar has done a lot to be in the position he is in today. A true market disruptor who managed to amass huge influence and authority online along the way. Today I spoke to him at length, and we uncovered some predictions he has for the year ahead, and also some advice on what you should be doing this year. What We Cover:

How can individuals provide more value in the marketplace to increase their earning potential
What are the key lessons learned from the historical evolution of money that can be applied to current technological advancements
How can entrepreneurs and influencers align multiple interests under an umbrella approach to create a community
What risks do centralized control systems like those in China pose to individual freedom
what strategies should individuals focus on to ensure they are investing in low-risk, high-reward digital and service-based businesses?
What practical steps can individuals take to pivot from a “hustler mindset” to a more sustainable approach.

Seize The Upside Of The Fed’s Coming U-Turn - While Sidestepping Market Volatility - Fortunes Will Be Made | Sign Up Here -- https://go.1markmoss.com/uturn

See omnystudio.com/listener for privacy information.

Transcript

Speaker 1

How do you build wealth as an immigrant and turn it into multi eight figures? How do you start from zero coming from another country in just a.

Speaker 2

Short period of time.

Speaker 1

And that is the topic of the conversation I am having today in this interview with no other than Luke belmhar. He's somebody that will change the way you think about money completely, how you build wealth. He's young, He's very young, but he's very accomplished. He's turned the Internet and the media world completely upside down, receiving over half a billion views per month, talking about how to build, multiply and.

Speaker 2

Preserve your wealth in this new digital age. He came to the.

Speaker 1

US from Argentine at sixteen years old with only two hundred dollars in his pocket.

Speaker 2

He hustled, He grinded his way to a multi.

Speaker 1

Eight figure net work through digital marketing, E commerce and investing, and now helps others do the exact same thing through his new group called the Capitol Club. I had the pleasure of speaking there a few months ago. In this interview, we get into a lot of topics you need to build, grow, and protect your wealth. We talk about things like how did he build wealth after coming from nothing?

Speaker 3

With it but at the age of sixteen, two hundred dollars in a suitcase.

Speaker 1

My I asked him about how someone else wanted to follow the same path that he went on.

Speaker 2

We'd go about making money like he did.

Speaker 3

How can you make money in the beginning, arbitrage, sales, anything that you can get your hands on.

Speaker 1

We talked about making money. We talked about how do we multiply. We've talked about the investments. I asked him how did he forty x his investments in crypto and what did he do next?

Speaker 3

So out of crypto, rotate the tech stocks. It only made sense under undervalued, Meta, undervalued Shopify, which are the only two stocks that I truly knew because I run Facebook guys and I run Shopify, So I understand the Q four reports of Facebook, and I understand the Q four reports of Shopify undervalue.

Speaker 1

I wanted to know what his views were on what people should be focusing on to be more successful.

Speaker 3

I spent twenty years getting good at business. Now I need to spend the next twenty years and that was yet productive.

Speaker 1

And then we talked about how coming from a country like Argentina shaped his view on money.

Speaker 3

Crazy part is people need to understand that the money system isn't just just an accounting system, it's it's a tool of power.

Speaker 1

We got into what he thinks about the new president Argentina, what he sees as the future of technology, business and investing.

Speaker 2

We started out talking.

Speaker 1

About building community, providing value, and so much more. This is a banger interview. You definitely want to get a pen a paper out. You want to get ready for a masterclass on starting from zero and building an empire. So let's go, all right, Luke Bellmaran the myth maybe about to be the legend.

Speaker 3

You're the legend, bro. Now you're you're you're definitely I'm here in your studio.

Speaker 1

Yeah, you're definitely the man in the myth though, the guy behind the curtain. I love the I love the scarcity that you do, where like you know, when you first started hitting me up, I'm like, I don't even know this guy is. I go look at your Instagram, there's like nothing there. I look at your YouTube's like there's no videos there, Like who is this guy? You do everything very with with scarcity in the mindset. So we're talking about right now, we'll just jump right into it.

We're talking about your community that you run, and talking about how you limit that and create this scarcity for the community, And you're talking about how, basically twenty five hundred people per day get an invite to join, only three hundred sixy nine people of the twenty five hundred actually get in.

Speaker 3

Correct, they don't.

Speaker 1

If they don't win the race, they're out and they're out for good. So you don't want to give them another chance to get back in, even though that's certainly hurting your bottom line. They miss their chance, they miss their chance, and that's it. Because the value extends beyond the money. It has to You have to build a

community beyond a financial metric. Right, So if you want to build a loyal following, and if you want to have a community that fucks with you, you have to put them through things that challenge them.

Speaker 3

You can't just hand over everything for free. You can't just make everything easy and comfortable, because if you don't pay, you don't pay attention, right, And if you get everything for free, you're not going to valuate. And if you see me all the time, then you're going to be can think I'm normal. So familiarity breeds contempt. The less you see me the better. So I limit my content, but I maximize my distribution. So I figure out what

is like a Facebook a winning Facebook ad? You can match that same thing with the concept of content creation. So you have a winning piece of content. Perfect that video gets a million views, that's a winning piece of content. You've proven the thesis does. Are you only going to limit that video to one million views? Are you going to repurpose that video ten thousand times? So in twenty twenty three, we posted almost one hundred thousand videos. Wow.

And that is the difference between me and everybody else is with the one hundred thousand videos, I don't have to focus on sending emails. I don't have to focus on giving people a second chance because there's always new inflow of individuals that are willing to actually go through the three hundred and sixty nine process and sign up before everybody else and join the community and become part of Capitol Club.

Speaker 2

All right, hopefully you're enjoying this interview with Luke.

Speaker 1

I got to take a very quick break, real quick to tell you that I am hosting a live event where I'm going to show you how to seize the upside of the FEDS, you turn, grow your investments in twenty twenty four and sidestep market volatility.

Speaker 2

I'm going to break down about twenty or thirty charts.

Speaker 1

You can see the actual data, see exactly what you should be doing, when you should be watching, and so much more. I'm going to be not only showing you the information, I'm going to be taking all your questions live.

Speaker 2

So join me, come hang out live. Let's get through this data. Ask me all the questions you have.

Speaker 1

Let's plan to get through this together so we can all be on the winning side of this. All right, let's just jump right back into the interview with Luke. If you think about email, email is a way one. It's a way to own your list, right, so you talk about rent the list versus own the list, So it is a way to own the list. If you were to get canceled on all the platforms, do you have no email list, which is the problem. But it's

also a way to nurture the list. And so basically you're saying, forget nurturing on email, I'm just going to continue to nurture them online. Yes, one percent, And you nurture them through short forms. So our long form is when they know what you're about. Short forms, when they know that you exist. So in short form, they know that you exist. And then the continuous repetition of email is what for you to be in front of people. But that doesn't mean you have to be in front

of people via email all the time. So the question is what do you use the email communication for. I began perceiving email completely different than any other digital marketers ever talked about email. So I consider myself. Let's say I have my own kingdom. Right back in the day, two thousand years ago, Alexander the Great conquered all of

the known world. Lukey great, not quite, but he clearly didn't have the ability, the access, or the time to go to every single governor, every single point of his empire and proclaim his message. He had to send what.

Speaker 3

Messengers, in this case emails, But what were they talking about? The word of the king? Whatever he wanted to transmit, it wasn't the messenger cooking up a message via email marketing with a nice slogan on behalf of the king. So every email that comes comes from me, I sit down, I write it, whether it's on my phone, whether it's on my notes, and I send it to my team. So the authenticity level that's attached the email, I don't see it as email marketing. I see it as a

one on one communication with another individual. That's why my email open rates with a quarter million follower list is sixty eight percent.

Speaker 1

Now let's talk about I want I want to jump back to the beginning, but I want to hammer this point home. So that's cool for you, great job, Like you can not let anybody in fifteen percent of the amount of people in. What about people that don't have that many people? I mean, how would you apply that to something where you know you're trying.

Speaker 3

To get fifty people to join? First, you need to ask yourself is what I'm building or who I am worth following or worth investing in? And it's a candid conversation because you are in the marketplace where there's competitors. There's people that are phenomenal, there's people that are excellent. I mean you're in the finance space. You understand your competitors. There's dudes out there that are extremely intelligent, really competent. So you have to get to par be legit in

order to compete at that level. So I think initially, before even conversing about building a following, it's are you worth following? Right? So the reason you have so many followers on YouTube is because your content is fucking phenomenal. The reason I reached out to you is because I saw your bis world structure and I'm like, oh, financial structure. Okay, this guy's quite intelligent. Now I know what he's about. Let me go reach out to him. And that's because

you had substance. Most people are out here doing bullshit stuff online. They have no substance, so they're not worth following. So first ask yourself, do I have a product worth selling that people want? And am I somebody worth following? If the answers know, then ask yourself who do I have to become in order to become worth following. You went through the fucking trenches. You went through oh wait, implosion, you went through all the bullshit, you sold companies, you

listed companies like, you've done the whole nine. So now you're in a situation whereby you actually have credibility in street credit, validity to do what to actually be in a situation whereby you can coach, you can teach, you can build communities. You're worth listening to other people aren't so I think before getting to that stage of hey, why don't people listen to me, ask yourself, am I worth listening to? And if the answer is yes, now

you need to start creating content. Content around what, content around what you know? Become passionate about it and understand that there's people that are there with you. And then when it comes to how much content you need to produce, I take a completely different approach than Gary b. Garybe says, create content content content, no, no, no, create limited amount of content that is high quality, no to convert and distribute that to everybody that knows who or knows this niche

or this community. And if they don't know who you are, they will. And it's a very different approach, a very different format because instead of doing this shotgun approach a million pieces of content, I'll take one winning piece of content and distribute it to ensure that hundreds of millions of people see it. If I know it converts, I love that.

Speaker 1

It's I know you worked with Andrew Tate and it's sort of the message Entertate has about getting girls become the kind of guy that a girl wants like, don't just be mad about it. And so you're kind of saying the same thing about your content, like become the kind of person that somebody would be interested in. I remember when I I think right around when I was twenty or so, I just had this idea I need to travel the world. And the reason why I wanted to travel the world is I wanted to have a

bunch of stories because I wanted to be interesting. And now I've spent I travel a couple months a year. I've been doing that for decades now, and so it's like but at that time, it was like I need to go have experiences so I have things to talk about, and so buzz this deals that you do all of

those things. So it plays in what about when you talk about the content the Gary V. So Gary V's like, don't create document, just document what you're doing and not like, hey, here's what I'm eating, but more like the lessons that you're learning along the way is kind of what I

picked up from it. But you're talking about like creating content, but you create content across a pretty wide niche or not a niche, but really a wide group of subjects, everything from stoicism to crypto to creating content to whatever. What do you think about starting niche down? Niche your face off if you will. Then riches are in the niches versus like being so broad like you are.

Speaker 3

So it depends on it depends on the niche that you pick, and it depends on your objective. So, for example, my umbrella approach is very simply everything's aligned. So if you look at the people that are usually involved in stoicism, they're also involved in the understanding of entrepreneurship or they want sovereignty. So now the understanding of crypto and bitcoin could tie into the idea of this autonomy. And then bitcoin tinns into the concept of principles of being your

own merchant, managing your own money. That ties into okay, now I have freedom of money. Maybe I want freedom of employment. So now you begin to talk about that, and now okay, well social media, who how can I make money online? So what I try to create isn't individual niches that are viewed individually. I try to create a garden. So I create a garden for the community. And how I view my community is very different to how most people view it. Most people view the community

as a place where they're going to make money. So how I view if it was a if my Internet exposure was like a small little empire in the real world, I would consider capital club or my community like the Nile River. You don't take from the Nile River. The Nile River exists. Your goals to preserve it. You build your empire around the Nile River. So what are the businesses that you're building around the community while nurturing and

sustaining the community. Most people fuck up the community. Most people poison the river, most people destroy it instead of building around it. So I have my beautiful community, great people, top of the top. Now how can I empower them? So empowering them through different experience, different events, different content that I understand because I'm very similar to my audience what I want, So I only talk about the shit that I enjoy because I know we have, for example,

similar interests. We could sit down talk about stoicism, bitcoin, crypto and entrepreneurship and that's it, and it's within our niche and our range. So I try to become really good at what I like and then share those things to people that are similar to me. And it just happens to be that my audience and my choice of enjoyment is large enough, and it's becoming the future, like e commerce and crypto, it's only going to get bigger, and we just happened to be at the cusp of it. So it works.

Speaker 1

I love what you said about not taking from the now river just building around it, and so I can tell you know, the first experience I had was at your Mastermind in Spain last year, and you've really built this community of giving more than you're taking. So you use the word empower, and that's the ultimate we're trying to do. And you're trying to like really think about how can I cultivate or another relationship. And it's an old sales message, which is if I help other people

get what they want. I think it was theigziglar. If I help people get what they want, I get what I want. And so you're kind of creating this system that empower people to get what they want and then ultimately then you can get what you want around it. And it's a long game, and I think most people, let me get your comment on this, I think most people can't play the long game. The majority of people, I think are held back because they can't imagine working

for free. They can't imagine working for free. They're used to a paycheck. Well, if someone's not gonna pay me every hour, I'm not gonna go do it. And so how am I gonna go work for months, months, or even years without getting paid, hopefully to get it in the end.

Speaker 3

I don't know what your thought is on that. So you know what I was talking about with Andrew on the tesla coming over here in the car, and I was like, imagine you're in year two hundred of the four hundred year of Israeli slavery inside the Egyptian kind of empire, where you have the story of Moses, or you can even take when Israel gets captured and taken into exile to Babylon, you have the story of Daniel. What happens if you're born in year two hundred and

twenty seven of that slavery? No context of freedom, You have no understanding of what it means to be autonomous. You have no reference point of working for yourself, You have no reference point of making your own mind, you have no reference point of sovereign currency. Because you're under the thumb up your oppressor. People don't seem to understand that that's where we are today. You're two hundred and something years into an ecosystem that's been curated and designed

for slavery. So when you understand that you're one hundred and something years into the syop, you begin to ask yourself, why does it take ten years twelve years in order for me to buy a house cash? That sounds kind of slavish when a couple of years ago I just would have to work two three years, and before that it would take a couple months. What the fuck is a thirty year mortgage? Now they're trying to come up

with fifty year mortgages. So I begin to evaluate all these scenarios and I ask myself, where the fuck are we going in the future. So to get it's not so much an opinionated thing. It's more so I like to observe things pragmatically and see them play out. What I was saying is, do you do you think that holds? You're taking a very long term approach.

Speaker 1

Okay, I'm going to preserve the nile and I'm not going to take from it, But I know if I build around then and help people get what I want, eventually I'll get what I want, and I was saying, I think most people are held back by the fact that they can't imagine working for free.

Speaker 3

Yes, correct, So back to the point. So if you're in year one seventy six of slavery and all you know is that you're going to work and in return you're going to get a paycheck, then that's the default mindset that you're going to hold. No labor is going to be put forth unless you're able to see a reward, and most people can't see a reward in front of their like if it's right here, they don't see the dollar sign right here, they're not going to do it.

They're risk adverse. They don't understand that they have truly nothing to lose, but they're not willing to take any risk.

So I think the big discrepancy as to why individuals aren't willing to take the risk, or why individuals are in a situation where they have this kind of potentially slave mindset, to me, has to do with nurture, how they grow up, the school system, how they're educated, and overall, I think is a cultural experience of hundreds and hundreds of years of systematized cheating that's been done on people to extort them for their time, their energy, and their effort.

If you look at how the FIAT system was created, it wasn't created to empower people. It's created to steal from people. So if you begin to realize that this is kind of like a slavery model that's imposed on everybody, you can kind of shake away from it, or at least observe it from a third party perspective, it may be beneficial.

Speaker 1

Let's jump back to the beginning of Luke Belmar. So from what I know from your story, you're some poor little kid from Argentina that came to the United States with a hundred bucks in your pocket.

Speaker 3

Two hundred bucks.

Speaker 1

You know, a lot of what we become is from where we came from, and so a lot of that is cultural, educational. And I mean today, right now in the United States, we're seeing millions of people coming up from Venezuela and Argentina and South America coming up and I don't think they have the same mindset as you. So I'm curious what was that, Like why did you come up here? And how did you over two hundred bucks? And like how did that work out?

Speaker 3

Yeah, so age of sixteen, I graduate from high school. Thankfully, my parents put me in an English speaking school. It costs three hundred dollars a year, so I was able to learn not the colloquialisms and the specificities of English. I think I adopted this. I've also been in America for over a decade at this point in twenty eight and arrived when I was sixteen, so I was able to learn the language and get quite eloquent with it.

But at the age of sixteen, two hundred dollars in a suitcase my parents got me, well, they didn't get me a flight. One of my family members I was actually working for the airline, Argentina Airline, and I was able to get a flight attendant spot. So wherever the flight attendant seat I think I think in Spanish is called the yam seats there or something like that. I don't know what it's called, but that's where I sat.

And then add family members in the US stayed with them, worked all sort of odd jobs, pressure washing basketball courts, cleaning toilets, flipping wings, flipping pizzas, and then in the year two thousand, end of fifteen twenty sixteen, my first exposure to anything digital was. I had a fellow server and I was working a restaurant twenty fifteen, and he was like, hey, have you heard a bitcoin? That was

the first boat. Remember that was the first kind of the fifteen sixteen it was That's when I got in. It was it was peaking. I was like, this is expensive. I don't know what this is. Bitcoin is a couple hundred bucks. I couldn't really afford it, but you know what, let me take a couple dollars and put them on bitstamp. But I wasn't really part of crypto. But that was my first exposure to anything Internet twenty sixteen came around,

got exposed to everything that was e commerce. I said, hey, I'm going to go live with my brother two hundred dollars a month. That's what I paid him for rent, sleep on his couch, and I built my first online business, which was selling and reselling online digital assets. What was Instagram pages? Building those accounts, selling them? It was Facebook ads for a different nights.

Speaker 1

How did you figure out that you want to buy and sell Instagram accounts?

Speaker 3

Because people were willing to do it. So, for example, people would hit me up and they would did you have like a friend that was doing it, so you're like everybody was doing it. This was when this was the craze of the meme pages back in the day. It was when the meme pages were going crazy. So people build up a niche of a meme page and then they would grab an e commerce store, run some Instagram story ads to it, Boom milk it, go to

another page. What I would do is just build up the pages a little bit and then sell the pages to e comm guys, or build people's pages, sell them to them, flip Instagram user names, anything that could do hustle, make money online, so on that.

Speaker 1

In that regard, I think a lot of people are caught up today and I got to find my passion.

Speaker 3

I don't know if this is what I want to do? Is this what I was made for? And it's like, dude, sometimes you got to how much money is there in digital arbitrage? It's insane, No, I get it.

Speaker 1

But the point I'm making is I think so many people are paralyzed within activity because they don't know what they want to do. And I'm guessing, and you tell me if I'm wrong, But I'm guessing. This wasn't like your dream calling in life, it was like, hey, there's an opportunity.

Speaker 3

Confucius at once said if you do not economize, you will agonize, So it's very true. People are like, oh, I need to be a business owner. No, you don't need to be a business owner to make money. You just need to make money, right, Becoming a business owner is high risk. You're the last one to get paid byther like you're the last ever. Everybody gets paid here, whether the business works are not. The video editor is still getting paid. Everybody's getting paid, but we're not. So

how can you make money in the beginning? Arbitrage sales, anything that you can get your hands on.

Speaker 1

So you just saw an opportunity, like, hey, I see people doing this. I'm just gonna jump in and figure out. Just jumped in and that's the piece that I want to hit. So many people are paralyzed with fear because they don't know what they want to do. And it's like, just start making money. You don't know what you want to do until you start doing things that you don't like. Last year, I made millions of dollars doing coaching programs

and I decided I didn't like them. But I wouldn't know that until I had done them right, and so we've changed that. But I think that's a good point. Okay, so keep going. So now you're flipping those things.

Speaker 3

But I think one of the important parts of this entire narrative that I went to hone in is that my expenses were so low and my risk wasn't built up with having things family bad decisions of the past, whereab I limited the amount of risk or the amount of opportunity that I would pursue. I was only paying two hundred to sleep on my brother Nate's couch, right like, that's what I was paying. I had nothing to lose. I wasn't married, I didn't have kids, I don't have

any of these things. So anything that I do is full on business, full on risk, everything all in because I could afford it. And what I think for young people is never put yourself in a situation where you make irreversible decisions. It's one of the most important principles I learned. So from a young age, I never made decisions or took action towards things that I could not reverse that would fundamentally change my life path. And I think that was my most point lesson like having kids

out of wedlock at the age of seventeen. That fucks up your life. Yeah, okay, for some people it's an anomaly and they end up being super successful. But for the average individual, that's an irreversible decision. So what do you do with that irreversible decision? You have to deal with it. So my objective was, don't make irreversible decisions. Make decisions that if anything happens, you can pivot from.

So low risk, high reward, low expenses. And then I got a marketing gig, so I started doing marketing ads for Wall Street businesses. So companies in Wall Street I would do their ads because they weren't running Facebook ads. So I got my first check for about one hundred for eighty six thousand dollars for nine months of work. Wow, running Facebook ads doubled the company's revenue. I did it

for free for two months. I would was doing outbound because I would get DMS from them on Instagram or LinkedIn messages like hey, like if you're interested in our products or service, like this is shit, let me add some ads them. Ran it for two months for free. I called them like, hey, guys, I want a contract like, oh no, no, I will think about it next month. I was being nice turned off their ads the next day. Next morning, they call me, hey, can you fly up

to New York. Yes. Yeah. They gave me my check and I called my dad and I was like, I made it, and he's like, bro, eight thousand, ninety thousand dollar that's crazy. Like I'm like, yeah, but it's not enough. But remember I was paying two hundred dollars a month for rent, So now's US dollars and you're coming from Argentina and it's crazy. So now I'm making this money, and I'm like, what can I do with my advertising skills? Because I was still nine It's this is a nine

month gig. I don't know if these guys are going to renew. I don't know if they're going to keep on going. Most agency work is quite laborious. These people are calling me. I'm like, let me move this money, let me try some other things, let me take my Facebook aid skills. What am I going to do? E commerce? Figure out the entire ecosystem of e commerce, drop shipping, now,

arbor charging physical products, not just digital products. We ended up doing in the span of three years, sixteen million in revenue, which isn't it massive numbers, but it is for teenagers yea. And we ended up flipping and putting all our money into crypto, which I know sounds insane, but it only makes sense because crypto is the future. And yeah, we rode the twenty twenty Buol run and we forty two xd our portfolio, so quite fire.

Speaker 1

Yeah, I love what you said. I want to break a couple of pieces down for the listeners here. So if you look at the world of sports, let's just say you want to be a pro whatever baseball player to think that, hey, I'd love it if the Dodgers would sign me a contract, and then I'm going to go learn how to play baseball and I'm going to be really good baseball play for you, like no, no, no, no, You've got to do your whole life, yes, and you have to be good enough that they give you the contract.

So what you said was sort of like that, Like you went and learned how to do digital marketing, You went and learned how to build Instagram, social media, flip those and only once you had learned those skills on your own for free, working for free, spending your own time, effort labor, then you got good enough to make a little bit of money. Then you went and gave those services to a company for free to prove your net worth.

And only once you had proved enough worth they were willing to pay you for that, sort of like getting a contract from the Dodgers.

Speaker 3

But people today.

Speaker 1

Think that they can just go, hey, will you give me a job to do marketing for you? But you got no marketing skills. And that goes back to the question I had posed earlier about people not wanting to work for free. But we play sports for free, and so it's just this mindset shift that really holds people back. I kind of want to highlight that.

Speaker 3

I think to add and to finalize that point is if you always want to make money, you have to be irreplaceable. If you have to be irreplaceable when you have to be in high demand. So I may sure that I was irreplaceable. What did I do for this online company doubled their online revenue in two months? Yeah, so now I was irreplaceable and I was in high demand. So now I had the leverage. And I think in

business it's all about leverage. You leverage yourself by becoming better, and people are like, oh, well, they leverage themselves through blackmail or through finessing. No. No, the ultimate form of leverage is to become so undisputably good that people call you right.

Speaker 1

You give your services for free until they want to pay you, until they demand to pay you.

Speaker 3

Yeah, I love that.

Speaker 1

Okay, So now you put all your money into crypto because you're young and you're low risk, and you figure you might as well bet at all. You already said that's kind of how you grew up, and so at this point you're still young, your expenses are still low. Now you know how to make money, so now your risk tolerance is higher because now you know you can go make more money if you need to, and you don't have the downside risk.

Speaker 3

So now you throw it into crypto.

Speaker 1

You time the market cycle pretty good. You forty x forty two x your portfolio.

Speaker 3

You crush it. Then what sell out of crypto? Rotate the tech stocks? It only made sense. Under undervalued Meta, undervalued Shopify, which are the only two stocks that I truly knew because I run Facebook, guys, and I run Shopify, So I understand the Q four reports of Facebook, and I understand the Q four reports of Shopify undervalued Q four they fucking rip their sales through the roof. So in Q one reporting every single year, look at the MetaStock every single Q one, it rips through the moon.

So I rotated out of crypto, which I felt like it wasn't at the value that it was supposed to represent. I think was overvalued. I rotated to undervalued assets this case Meta, Shopify, Robinhood, Coinbase, micro strategy, and my only one that I'm still waiting to play out, which will play out, is PayPal.

Speaker 2

Yeah.

Speaker 1

I mean Facebook's sold off seventy five person which is ridiculous, Like you think it's going to go away seventy five percent?

Speaker 3

So like, yeah, what undervalued stock?

Speaker 2

All right, I'm gonna take another very quick break right here.

Speaker 1

I'm not running commercials in these so these are my commercials, but I want to let you know I'm having this live event so we can see is the upside in the fed U turn that's coming and grow our investments this year without dealing with the volatility. It is going to be a volatile year. Things are going crazy. So come join me. We're going to look at the data. We're really going to charge the graphs, and I'm going to show you what I think is going to happen.

More importantly, what we should be doing about, how we can position ourselves, what assets we should buy, what we should be watching.

Speaker 2

Is so much more. Come hang out, check it out. It's all for free.

Speaker 1

I'm want to answer all your questions live. There's a link down below.

Speaker 2

Let's go.

Speaker 1

I'm curious, So now you've cut your teeth making money, create wealth. So you and I we actually say the same three things, different words, but create wealth, multiply wealth, yes, preserve wealth, and most people don't understand those three And so your journey was creating wealth.

Speaker 3

What can I do?

Speaker 1

Pressure wash, basketball courts, flip pizzas. I'm creating wealth, I'm earning wealth, flipping Instagram accounts. Creating wealth. Then you have to go to multiply it. So then you throw into crypto, you multiply it forty times, right, and now you have to preserve it. I'm just curious, like how you think about those three buckets as far as your attention and

time focused into that. So how much time do you really think about your growing creating the wealth through businesses versus like managing it multiplying that wealth.

Speaker 3

So it depends. So on the business side, there's two aspects. One is instant cash flow, so I can do a consulting call for ten thousand.

Speaker 1

But let's say, just like Luke bellmar so ninety percent of my time is focused on my business and growing my wealth, and I spent about five or ten percent of my time with like what my money is doing when I'm not earning it, or like what.

Speaker 3

Yeah, So I would say the breakdown isn't like a specific a specific breakdown of time. It's more so a breakdown of my life patterns. So the life patterns in the business side, it breaks down to active income, and it breaks like what I have to work for directly versus money that comes in. So I'll create content. Capital glob will continue printing subscriptions. I need to create the content regardless, so that income just comes in. I have my entire team, I have my CEO, Steve tan I

have my entire organization. There's almost one hundred employees inside Capitol Club that build manage that structure. I don't need to be there every single day. I spent the last four years building that so now it's in a place where it consistent in itself, simply because I've created the other vehicle of content creation. So content creation fuels this. That's more so like my passive stream of consecutive money.

So I'm not really focused on this besides the product, right, because if it's my vision, I need to ensure that the product sustains itself, and I'm focused on community retaining people. Then on the active income side, it would be like, I don't do coaching, but if there was a coaching experience, right, So if you do coaching, you can that's your active income. That would be money you received right away. I don't do a whole lot of that. I don't focus really

on instant money because I've made money. You know, once you scratch that itch of okay, I don't no longer need to eat. I think people need to change their mindsets from hustler to boss. And I think people start making millions, they don't change their mindset, right, it's the same mindset that they had when they had nothing. You can't have the hungry mindset when you're already full. It

makes no sense. That becomes gluttony because now when you have a lot, you have to begin to share, right, and if you want to scale, you need to bring people in. So now my main focus is recruitment, right, So now I focus on looking for talent and looking for opportunities. So now that my main basket, my Nile River, is being nurtured and taken care of, I'm bringing new content,

new eyeboss to build out the ecosystem. If I choose to, I can have some sort of active income that requires me to dedicate specific hours, but I don't necessarily like to do that, and most of my time now is focused on looking for new projects, business development, and recruiting top tier talent, because if you can recruit top tier talent, all you have to do is let them work and get out of their fucking way. Yeah, like the recruiting talent.

Speaker 1

We're going to talk about that, but let's just go back to it for a minute. So I often say that the lines between business owner and investor are very blurred. In my career, right when I was out of high school, I started buying bank owned properties, fixing them and flipping them, and I did over one hundred of those properties. Was I a real estate investor? Or? Was my business buying and selling houses? I have one hundred grand in my

bank account. I could just go buy a bitcoin, or I could hire a new employee to go do business development for me. Am I investing into my business, run my business, right, So like the lines are very blurred, and I just want people to get an idea of this because it's something that I see. So I talk about investing, right, I run investment newsletters and things like that.

And the majority of people, I would say, come into my universe and they have a thousand bucks and they want to quit their job and be a full time investor, and I'm just like, WHOA, Well, well that's.

Speaker 3

Not how it works.

Speaker 1

Like Warren Buffett still goes to work every day at a business called Berkshire Hathaway. Ray Dalio still goes to a business Bridgewater Capital, right, So it's like you need to have the business and then you invest into it. So that's why I was kind of curious what your thoughts were on that. And so you know, I think about and Alex Ramosi's talked about the SMP me right.

So it's like I asked my buddy the day we were down in Mexico together over in the years, and I said, you know, if you were going to put one hundred thousand dollars into the SMP five hundred. You know, the historical average over the last six years about seven and a half percent on that you So if you put one hundred thousand, an SMP makes seven and a

half percent. If you put one hundred thousand into your business to hire a new business development manager, I think they could bring you back more than seven thousand dollars. And he said, yeah, I think so.

Speaker 3

I'm like, so, then why don't you do it? I guess I never thought of it. But the point because they don't because they don't see the employees as an investment. They only see it as a salary. And when you're paying for an employee, you're investing into them time, energy, paycheck, attention. So your goal isn't just for them to do the job. My employees, dude, I sit down with them and I tell them, this is this is how you can scale the organization. This is how this is your growth past,

this is your growth trajectory. I sit down and I have real conversations with them. It's like, Hey, if you work well, this is the future that you can potentially have within the organization. So it's not just okay, giving them the vision of here's a paycheck, but now adding to it, it's now they're part owners. Now they feel like they're part of the vision. Now they feel like they're part of the mission. And now the focus becomes a little bit different. Yeah, and to the.

Speaker 1

Point that you made earlier, like people they don't reinvest back into themselves, right, So it's like they were hustling, hustling, husting. They made the million bucks or whatever it was, a couple hundredand whatever that number is for you, but then you don't make the shift to then be investor in your own business. So I make the hundred grand or the million bucks and then I want to go put

into whatever I'm going to put it into. But then I don't invest back into the business within the businesses and continue to grow. Right, something like that I think

about like the mindset shift, the difference. And actually I was with one of my one of my portfolio companies I was coaching last night and we were talking about this specifically and how they're going to close on the phone sell the to the product, and I said, the difference of a poor mindset and a rich mindset is is a poor mindset thinks about the cost, and the rich mindset thinks about the value. So would you buy

this used iPhone for five thousand dollars? Well, if you do only think about how expensive it is, you wouldn't. But if I said, but my bitcoin, while it's on here with one hundred grand, do you want to get me five grand now? Right? And so that's sort of like the mindset shift that people have to go through, like thinking about the value that I'm going to get, not spending my time, investing my time, not spending my money, but investing my money and not and back into the

business for that growth. So I think it's an important point to hit really create, create, create wealth.

Speaker 3

And it's understanding that you don't have to make money every single day, every moment of the day to be productively. Only a fool would plant a seed and watch it and be angry and observe it the same day. Mother Girlmother. No, the world has a natural process. There's an ebbs, and there's an ebb and flow to nature. You are part of nature. You cannot go beyond universal law. There's a

time and a season for everything. So there's a time and a season for harvesting and there's a time and the season for sowing, right, So when are you sewing? If you're sewing, it'll eventually come to you. What people don't seem to understand is the success that you enjoy today isn't from today's actions. It's from the accumulation of all the past seeds. And then people end up losing

in the future. Yeah, that's because you slacked off today because you're focused on the rewards from the past, thinking that you're eating them and indulging on them today, when in fact, you're just indulging from past performance. And if you leave illness in the present moment, your future is going to get fucked. So it's like, how can you continue?

And that's that's the supertrap, Right. You start accumulating wealth, you start making money, and you start slowing down, slowing down, slowing down, slowing down, slowing down, because your attachment and your value and your perspective of what it means to be high performance or productive is attached to dollars. But there's so many things in life that transcend dollars that you can focus on your health, your nutrition, your family. I was speaking to a guy that had done over

a billion dollars in real estate. Real estate sales made a fuck ton of money in commercial real estate. And he said, I spent twenty years getting good at business. Now I need to spend the next twenty years learning

how to become a good father. So it's like his focus changed completely because you realize that to become a complete man, to become a full successful individual, there were other areas that he had to work on and spend time, energy and attention that weren't going to yield necessarily net dollars, but that were still part of his development and his process, and that was yet productive. Yeah.

Speaker 1

Yeah, most personal development would tell you there's at least three and usually four categories of your life that you need to work on, and that would be like health, wealth, your business, then be your relationships, and then the third fourth one that people their own and be like your own spirituality, like where you're at with that, and really, if all four, three or four aren't worked on together,

then they hold you back. So for example, I'm really good with making money and I spend a lot of time with my family, but I'm three hundred pounds and I'm sick and I'm tired, So then I don't have the mental clarity or the energy to do as well in business or with my family as I could. So if I got my health up, then my business and health would grow. If I'm really healthy, I'm in the gym all the time when I make a bunch of money, but my relationships are crap. That holds me back because

I don't have that support network behind me. Yes, and so really you want to keep all of those going together and they multiply each other.

Speaker 3

Leonardo da Vinci famously said to develop a complete mind, study the science of art, and study the art of science. Learn how to see. Realize that everything connects to everything else. Then he continues to say, He says, God will sell you all things at the price of work. God will sell you all things at the price of labor. So first to understand that everything connects to everything else. So how you treat your wife, how you treat your kids,

it's going to it. It's going to reflect how you treat your employees, how you treat the waitress, how you treat in business, or how you're loyal in business. It's going to be a reflection as to everything else that you do. So to develop a complete mind, is to understand everything is in unison, everything is in harmony, and to not be in harmony in one area is to be dysfunctional in everything. It's like having a toothache being ripped six pack tan fucking great physique, but you have

a toothache. Yeah, everything is miserable. So unless you develop a complete mind and full focus and understand that God will give you anything, but you have to work for it. You have to You have to exchange and transmute this energy and this life power and this life will into creating, materializing something to you into the universe, into the physical world. It's going to take labor, but you have to do it with unison and completion. If not, you're not going

to win. Yeah, I love that. I've never heard that quote. I wrote it down. I'm gonna go look it up.

Speaker 1

But I talk about everything has a cost to the point that you're making and everything you can sell a God will sell you everything at the price of your work. So the cost to get what you want is going to be your time, typically, your time, your labor, you after energy, things like that. And you could say, well, the cost to getting in shape is I have to join the gym, and I have to go to the gym.

I have to dedicate time and attention to that. But also there's a saying that says, either either you sacrifice things today to get what you want, or those things become the sacrifice. Yes, so one way or another, it's going to it's either going to cost you my time today or is going to cost my future dream.

Speaker 3

And that principle of God will sell you all things at the price of labor led me to the belief. Excuse me, led me to not the belief because belief entails religion or a system that you can't see. It made me realize the power of bitcoin. Why now, this is a complete flip. But when God sells you all things at the price of labor, labor represents energy input.

So the system, the machine that we talk about this if you're born year two hundred and the slavery machine, you don't know what being free or using your own autonomous energy to create things for yourself looks like. So now you're in a situation whereby you're using your energy to create things that don't belong to you. So, for example, you have this money that's printed out of thin air. There is no energy input that's sustaining the US dollar.

How many people we printed six trillion dollars who worked? What type of energy was input to print that money? None? None, But what about the money right that was printed through energy that becomes devalued. The money doesn't become devalued. What becomes devalued your energy. Your energy that you've put in dollars as a value of energy now is being slowly

trickled and depleted. So what happens. God can't sell you all the things at the cost of labor if you're in the FIAT system because the energy right, well, whatever God wants to pay you is slowly being taxed or slowly being filtered out. So that led me to if I'm going to get anything in life at the cost of my life force energy. So I need to take

my life, my energy and materialize it into something. Whatever I materialize it into has to be able to sustain its energy and has to be able to sustain It's if you pay me ten thousand dollars today for a phone call or a consultation call, and I put it in the bank today, I would be able to redeem that ten thousand dollars for something completely different than what I would be able to redeem that ten thousand dollars in ten years if it was Inia, if it was

in fiat. So it's not that my money's worthless, it's that my energy's worthless because my energy can now no longer purchase what it used to. So that led me to believe to find something that requires energy for existence. Bitcoin requires literal physical energy input for existence. So what you're buying from bitcoin, you're not buying bitcoin. What you're buying is an immutable storage of perfect energy.

Speaker 1

I love that, and we talk about that on a philosophical level a lot which a lot of people think is not on new new stuff and we don't need to pay attention to it. But if you don't really understand this, then you don't understand the whole key behind life. And so the law of energy is that energy cannot be created, it can only be transferred. Yes, so we

have food which gives me calories. Calories are measures measurements of energy, and then I expend those calories by thinking, by working, by doing so, I'm spending my energy my life, if you will. And then let's say that I'm working for four hours to earn enough to live for that day. But then one day I decide to work in extra four hours, Well, then I want to save that extra energy in something that I could then choose to spend tomorrow so I don't.

Speaker 3

Have to work. And then the goal so that's sort.

Speaker 1

Of like your life battery, if you will, right, and the goal is that that battery holds its charge. You don't want that to lose power. But to your point, the FIAT system is like a battery. That's like if you've ever gone like up in the mountains where it's cold, like your batteries they die real quickly, right, So, like you have this battery that's losing and Bitcoin is a different type of battery that can hold that energy, and.

Speaker 3

It's your life. It's like literally your life.

Speaker 1

As a matter of fact, I just put out a tweet a couple of days ago now to got my Twitter account back talking about inflation increased the cost by thirty two thousand dollars. So for the average worker at thirty two dollars an hour, which is the medium pay, it was taking them about three hundred extra hours per year to have the same quality of life that they had the year before. So three hundred hours per year

of your life. That's your life that you could be in the gym, getting in shape with your kids, teaching them lessons, with your wife, building your relationship. Three hundred hours of your life.

Speaker 3

Your energy expended for the same thing that was last year. Yeah, And what I came to realize is we were talking about going back to the creating part, multiplying and preserving of wealth, the multiplication factor. People need to realize I need to stop expending my time, time and my energy four dollars. That's the process of building gardens or ecosystems where money works and makes itself. Is it no longer

requires time and energy to make it. If we go into the Louisvitton story and I go with somebody that makes one thousand dollars a month, they're going to look at a Louis Vuitton wallet that's worth five hundred dollars differently than me because to me, five hundred dollars it didn't require any time, energy or intention for me to make it. This person it required three weeks of time

and or two weeks of time, energy and attention. So they'll value the wallet in direct proportion to the amount of effort and labor that it took them to produce what the necessary energy to purchase that wallet. So now I'm no longer in the premise of is this cheaper as it's expensive? How much energy and life span and time did it take me to acquire that thing? Because you don't buy things in life, hear me, clearly, you

don't buy things in life with money. You buy things in life with the time that it takes you to make that money. So the objective of multiplying your wealth is to be in a situation where you no longer work for money, but you work towards creating systems that create money, giving you the freedom so that you can use your energy to do what you want in life.

Speaker 1

Yeah, let me ask you about this. If you think about money, I say that we don't want money. Nobody wants money. What we want is the goods and services that money buys us. But if you think about money, for example, it's like an exchange of value. It represents value exchange. So I could say, hey, Luke, let me come over to your house and help you move this weekend, or hey, let me come build a fence for you, or let me paint your house, or let me build a website for you.

Speaker 3

If I, as a friend were.

Speaker 1

To say, hey, I'm going to help you move this weekend, then I would have built goodwill with you, and you would sort of owe me a favor back.

Speaker 3

Right, We're not going to write.

Speaker 1

It on paper, but like maybe you would help me do something a social credit a social credit, right, So then really by me providing you value, it's sort of like a favor, and now you give me an iowe you that you owe me a favor some value in the future. But that's like a barter system. So if we want to scale past the barter system, then we need something a sort of io you that I could go to give somebody else. So the dollar sort of represents an IOU. So I've built you a fence, I

helped you move. You give me an IOU that's recognizable. It's a medium exchange to get other favors from other people. Yes, And if you think about that philosophically, then I'm going to say something people don't like to hear, and that means that if you're broke, you're kind of selfish. How much good will have you put into the world? How many iou slips are you sitting on in that barter environment.

If I helped you move, and you move and you move, and I built you offense and your website, and I collected all these favor iou statements, the person that had the most amount of favor IOUs you would say, Man, that guy's really generous.

Speaker 3

Because you get paid in proportion to the value that you provide. Bing No, And the thing is the marketplace will pay you in proportion to that. So if you have no value to provide, it's either you don't know how to provide value, or nobody can see the value you can provide because either you don't showcase or it's just not there. I agree fully.

Speaker 1

Yeah, it's an interesting way to look at it when you look at it from a philosophical angle. Let's talk about it now from like a more of a we'll stay on the philosophical but let's look at it from like a freedom angle. Now. I've often said many times, and I strongly believe that there is no freedom without the freedom to transact. And really it starts with the freedom of private property. So back to me being able to store my value, store my energy. That's my first

form of private property. Do I store it in dollars or bitcoin or gold, or do I store it in a ranch with cows. However I decide I want to store that. That's my life battery. So that's my property. And if you take that cow for me, or take my money from me, that's my life, you're literally stealing it. But then the freedom starts with being able to control the private property, but then more important to be able

to transact. And so we see today that the governments of the world want to continue to impede that ability for us to transact freely. And I'm curious your point or your point of view coming from Argentina. So Argentina is sort of the textbook example today of sort of society breaking down and hyper inflation where people couldn't even

hold their money anymore. And as I was with you and your team in Spain last year, I was told that I wasn't really aware of this, like you're not even allowed to spend much of your money.

Speaker 3

So I think you're not even allowed to spend dollar. You have X amount of dollars that you can withdraw per month, but I.

Speaker 1

Think maybe I mean from your team said like you couldn't even spend more than three hundred dollars a month on your credit card couldn't because or they would exchange at a very high rate seven hundred to one or something like that. Right, so like they wouldn't even allow you to spend your own one, well, they wouldn't allow to spend your money. Capital controls lock you in and then they would just continue to steal from you.

Speaker 3

And the crazy part is people need to understand that the money system isn't just just an accounting system. It's a tool of power. So when when the coinage was created, for example, seven hundred year seven hundred around the BC seven hundred, I think it was in Turkey, that was the first introduction of the coin. Right, so coin just like bitcoin, it's not money, it's technology. It's technology of

what the ripmittants of value. That's all it is. So the coin was the standardized remittance of value from A to b. I could actually move it. How do you make a cow divisible? If I want to sell you a ranch and it's going to cost me nineteen point five cows, it makes no sense because now I have a cow that's worthless. So it's no scalability in that

in that idea. So now I have money, and as soon as money came into the in the side of like coinage, you begin to sell see barons, kings, people that could actually hold currency and had some sort of In this case, back in the day it would be army that could sustain their sovereignty. You would do quite well with coinage. The issue with coins is that they began to get debased, so they introduced metals that would

debase the currency. So for example Rome, Let's say they conquered the entire known world and they had no more kingdoms to conquer, therefore no more gold production, therefore no more economic growth, so they had to debase the currency. The issue with that is that now you no longer

know what's legit, you no longer know what's false. Remember how there's this verse in the Bible says that God abhors the misbalancing of weights because back in the day gold wasn't measured by units, it was measured by weight, so everything had to have a fair balance. Now we have the introduction of the fiat system, which was initially a physical representation of the gold. Who's in iou exactly?

Now that io, you got overprinted? Bullshit? Now the government got into bed with this entire scam, i e. The introduction of bitcoin, which goes back to the bartering system, but with the technological advancement of no middleman necessary. What happens in society, especially with governments, is the new technological advancement produces a temporary period of time of sovereignty. So when coinage came, new barons rose, new sheikhs rose, new

czars came into power, new money. Same thing happened with the radio. As soon as the radio was introduced into the house. One of the big criterias for the government to control every single outlet on the news, which was the source of technological transformation the radio. As soon as the Internet came, we had a few years of what Internet freedom where people could look up information, see all the details. Boom, then censorship. You had that technological period

of boom where people got free. And now you're in a situation where you had social media come into play. Social media came into play, they censored social media really deeply. But now you have the cracking of social media. So people there's technological advancements that produce what freedom. So if you look at the etymological use of the word to think or thinking. It was extremely popular pre introduction of the radio in the household, so people used to think

freely prior to the government coming into the house. As soon as the radio came in to the house. You can look up the etymological use of the word and the popularity of it to think thought, freedom of thought. The moment the radio was introduced into the house, that use of word went down. People stopped to think. When did that word begin to emerge again the moment that the Internet became placed in the house. So a seak

of freedom and truth and thinking once again. Now you have the introduction of new technology, which is what bitcoin on the monetary side, which is the disruption of the financial system that we've been under for the last hundred year. So now people are waking up and there's say, oh, there's something else. Whether bitcoin is the future or not is not relevant. What happens that Bitcoin showed that there is another way of transacting outside of the now controlled

technology of remittance. Now we have a decentralized form of remittance that gives us the ability within a few years before they have digital IDs and id ME and all this garbage, to access the internet. A few years to become extremely wealthy in this period of time because we have this technological differentiator. So if people understand technology, technology freeze you, and then technology gets controlled, and technology frees

you again and technologically gets technology gets controlled. Your job is to figure out what's the next pocket of technology I can take advantage of for my next power play. So if you look at the future, what are you going to need. You're going to need autonomous AI that runs off of your scripts, not off of somebody else's scripts. You're going to need unmanned machines that work specifically for you.

That's technological advancement. That's part of the future. So money, in my opinion, will eventually become obsolete when I have bots, When I have robots, when I have AI working for me, half of the jobs are not going to be commercially viable. Maybe it's not ten years, twenty years, but in fifty years we will get there. So money will no longer be valuable. So what will money be? And that's where the question becomes store of value in things of this nature.

But technology is always evolving, always moving, but it always comes down to the transactions of goods and services.

Speaker 1

Well, it depends on what you considered money. If I think of money as a medium of exchange, we're always going to need a medium of exchange. Yes, so money is not going to go absolutely what we know as money and what we even consider value will change.

Speaker 3

Crazy.

Speaker 1

So value will change, just like information change. Back to your point before radio and even in the eighties, the information was what I got on the nightly Loser in my morning newspaper. Today, I see a kid in Thailand post a picture on the beach and I see what the water looks like, I see the temperature. So like all this information that wasn't there. So I think value changes, but humans are always going to exchange.

Speaker 3

Yes, was going to exchange.

Speaker 1

That's what capitalism is. In my book, the Uncommis Manifesto, we really kind of honed in on that specifically, which is capitalism is not a political modality, it's human nature. So capitalism is private property, using it more efficiently and free trade, among others. I have a fire, you killed a rabbit, Hey, cook your rabbit on my fire.

Speaker 3

Let's just share that, right. And the beauty of bitcoin is that it lets you do that at scale, at scale, multi border without being present where they money type that people internationally accept as a form of value, which is incredible and it's never happened before, which is the fascinating part about bitcoin that I absolutely love.

Speaker 1

I'm curious your standpoint on this because you came from Argentina where the money's wrecked, like literally impoverishing people, right, and you also you travel the world, you talk with a global audience, if you will, do you think that helped you understand why we need a non government money like bitcoin better than most people in the US, who are like, what do we need different money for?

Speaker 3

I grew up in a small town. It's not a village, a small town of twelve thousand people. I would go to my local steakhouse, a small little steakhouse, five different tables, one server, cook on an Argentine style grill. The Argentine peso to the dollar. I remember the time I was eleven years old buying. My dad took me, took me to that steakhouse and it was a I think it was a file mignon or something like that. It costs

three dollars. It was nine pisos. Today the dollar to the pest hundred three to one, Yeah, three to one, three to one. It would cost me a dollar to take a taxi. So everything that was nice about Argentina was the fact that the dollar was cheap and still

the pesel was pretty healthy. But today you see the introduction of socialism, you see the debasement of currency, and truly, the big thing that I see, which is the big shell shock factor, based off of my study of history, this is that this cycle that Argentina went through of the debasement of currency, the nationalization of privatized assets, and the introduction of a socialist, super vampire like government, isn't the first time that it happened in history. I was

talking with Andrew. It happened in Korea, it happened in Cuba, it happened in Bolivia, it happened in Venezuela. You have a lot of countries where you have these socialist type governments that come in, they leach everything from private citizens and they debase the currency by stealing everything. Now, what happens because they steal everything, they still have to get loans.

There's still a debt to who, most likely DIMF. So what happens you have now the IMF being introduced into the scenario, and they're quote unquote the bad guy, But simultaneously they're the good guys. So you don't know how to look at them because they're the ones that are putting you in debt and they're the ones that are pulling you out of that back and forth, back and forth, back and forth, like a loop cycle. So here you have a socialist government that's most likely put in place.

You have a period of normalization of making sure that the government owns all the national assets. The airlines, the petrol companies, the railways, they own everything. But obviously we know that governments can't run shit because they're incompetent. So these products, these goods, these services, they become shitty. Now you have massive inflation. Not only do you have massive inflation, you have massive debt. That debt needs to get paid off.

So you have the introduction of a right wing party. Right, it happened with bid On. It happened in probably the forties and the fifties post World War Two, when the United States began to introduce the fight against communism. So you had this introduction of right wing kind of police states come in. And my thesis is that these these right wing police states, we either have Bouquel, you have

a Malay. You have different individuals. Their purpose is one very simple in my opinion, it's the repayment to the IMF of all the debts. So here you have a right wing politician or somebody that's more on the liberal side that says, okay, we privatize, we need to sell off all national assets. Okay, perfect, what are you doing with that money? You have to pay back the IMF,

by the fucker, Like, that's why you're here. So create the entire inflation system, prop a ton of debt, and then bring somebody through a police state can pay off that debt and then run the cycle back and forth, back and forth, back and forth. My thesis was very simple, and you're going to see it play out because I've been predicting the future for quite a bit of time. Now you're going to see it happen with people introducing third parties. So no longer right wing party, left wing party.

You'll have a third party emerge that'll be self funded. So you look at the president of Ecuador, he's not right wing, left wing, he's a new guy that just emerged. New party Malay, not left wing, right wing, new party. And what happens young guys right wing fuck fucking hate the old system, but they still have to play the rules of the game because they're in debt. Who's going

to pay off that debt? The IMF. So what I see is I look at these cycles in these loops and I try to figure out where in the loop, because it's happening these jackals, it's happening. Where in the loop is this country or this stage, and how can

I succeed in it? Now before the introduction of right wing police states are heavier duty, kind of controlled systems, which I think right wing governments tend to do more than left wing governments if given too much control, and they'll do it, especially under the name of safety and security. Because remember Trump is the one that introduced the vaccine. Trump is the one that introduced all the lockdowns and all these things. Whether it was his willpowers introduction, it

doesn't really make a difference. There's a president that right wing, and I'm not any political quarity. I'm just an observant from the sideline. They tend to introduce more police rule. On the other side, you have the other guys that introduce a lot of state rule, and they'll introduce a lot of Hey, the government is going to be your daddy and manage your things. But in between here you

have the narrative creation. And the narrative creation is the pendulum swings either to the left or to the right, and we've seen it. You've probably witnessed it, a pendulum swing at an energetic level moving to the right through history. So the question is where do you position yourself to not get fucked by these guys that are debasing the currency, but simultaneously not being in a system where there may

be right wing police states. So when I left Argentina at the age of sixteen, it was under the premise of there's a socialist culture that's coming. And it wasn't that I knew that shit was going to hit the fan, like how it went to become one of the most worthless countries in the world, even though from one of the richest, even though in eighteen ninety was one of

the wealthiest countries in the planet. I just left simply because in the US there was more opportunity, and truly, up until this day and I've been to fifty nine countries, the United States is still the greatest country in the world, hands down.

Speaker 1

I personally don't like the left and the right and the republican democrat and the libertarian, the socialist, the common like, it's just like all these labels that nothing really neatly fits in there. And I thought Malay actually called this out pretty well in one of the speeches where I saw he said.

Speaker 3

He talked about, you know, the left.

Speaker 1

Is socialist and the right is fascist, he said, but they're all collectivist. They're all collectivist. So in my book, The Uncongress Manifesto shameless plug again, talk about when we actually draw a diagram of how all politics is on one side and on that there's a spectrum from left to right, socialist to fascist. But socialism and fascist, although we're on extreme opposite ends, apparently, are all central planners and collectivist ideas. So all politics.

Speaker 3

But isn't bitcoin a collectivist idea?

Speaker 2

No.

Speaker 3

At the same time, no, bitcoin is the exact opposite. But it has to work. You have to have a collective unit of people for it to work.

Speaker 1

Well, what I'm talking about collectivist is central planning. Okay, so somebody is planning the system versus what we said, and I.

Speaker 3

Have a diagram. I'll get you a book when we're done here.

Speaker 1

On the other side is capitalism is natural emergent, it's individual individualism and bitcoin fits over there, and so you have sort of and Malay called this out. He said, look all is your left wing, your socialist, your right wing, your fascist? Say it's all collectivist. He said, we're bringing back the individual.

Speaker 3

There is no.

Speaker 1

State, and so let Frederick Bastia and the law talks about this. There is no state. So it's just saying as a state, there's us as you and I as individuals, and collectively we could agree to have this town or whatever this country. And so I thought I thought it was a pretty good statement at a theoretical level. Yes, it's cool, but you still have billions of debt and

debt that you have to pay. Malay like, you can cool, that sounds nice, Okay, you stop to go and sit down with you if you would rather him default on that.

Speaker 3

I don't know, because I don't really know what the best solution would be. I think the best course of action right now, at least for Argentina is the national is the is the privatization of national assets. There's no reason why the government should run anything at everything, And that seems like what he's trying to do. Yes, and that's great. The question is who do you sell it to, who's bidder and who's the highest bidder. It's most likely

all under under it's all under the table. Nationalization companies that come in and they go There's a book called Confessions of Economic Hitman, an economic Hitman. He talks about the jackals. They come in and they give you an offer, and if you don't take the offer, so be it. At the end of the day, you have a guy that comes from a third party, not left wing, right wing, a third party. Somebody has to fund that party. Forty five percent of Argenties don't just vote for you because

you have a message. There's narratives, there's pushed and because you see it in anywhere around the world. In order for a message to be propagated, it doesn't just naturally catch on. You have to push a message, and I think from alternatives definitely the best alternative.

Speaker 1

But do you think there's like sort of like a zeitgeist at the time, So for example, the pendulum, I think the pendulum doesn't.

Speaker 3

Swing from left to right.

Speaker 1

I think the swings from centralization to decentralization. And I think it's technology that does that, and that's a whole different conversation. But if we look at the pendulum from that viewpoint, just for this exercise, and you see this pendulum has been swinging towards centralization. So we have the creation of the UN and the IMF and the BIS

and this global US led homogeny, et cetera. But then we have like it's gone so far and now where there's no truth in men and women and boys or girls and all these things, and it's gone so far that people are rejecting that. And you're seeing the Jordan Peterson's and the Andrew Tates rising up in the face of that, Like people are starting to latch onto that. And it seems like Malay Maloney over in Italy, and

Malay is just like one more person. It seems like the whole world has been gas lilt so hard and they've been told for so long that they don't matter that they're latching onto that type of a person.

Speaker 3

Yeah, it's it's the opposite of what you're already given. So it's it's it's not an extreme, it's just an extreme of that position. I'm not saying good or bad. It's just a natural pendulum swing. But remember it's the pendulum swing of technology. We're talking about technological freedom. As soon as that technology gets suppressed or controlled, you have censorship. You want decentralization, you have you need new technology that

overtakes the centralization. So you have centralization in the federal reserve, in the banking system. You need bitcoin, you have the centralization of the radio, over the television, you need the Internet. So you have these pendulum swings. Now the objective is figuring out. Because of Moore's law, these pendulum swings get slower, they get faster and faster and faster, and they go

back and forth, back and forth. Freedom, censorship, freedom sensorship, to the point where, per the words of Ilia co founder of Open Eye, said, AI has the ability to create imperpetuity, stable dictatorships. And that's the freaky point where I'm like, that's a scary point. That's the scary point. And he's true. I agree, he's right, Bro, he's right. But I don't like that. I don't like it at all. But I'm like, Okay, these are the freedom pockets. Decentralized,

the centralized, centralized, the centralized. We need to be capitalizing on these decentralized pockets before it goes back to say, it doesn't matter how much bitcoin you had, if it doesn't matter how when COVID lockdown, that shit locked down, most people were fucked. That's just the situation that people were in. I don't care if you if you believed in it or you didn't believe in it. Your business,

if it was a physical business, was closed down. Whether you got jabbed, wore a mass, didn't liked it, didn't like it, that was the outcome that was naturally happening. But then you had the ability to make money online. That was a pendulum singing. That was your freedom pocket. Dude. The amount of money people made during COVID online was crazy. But the people physical brick and mortar, Nope. And now

the pendulum swing of oh things opened back up. A ton of businesses started making a ton of money in person.

So you have these pendulum swings of censorship, decentralization, censorship, decentralization, and it's capitalizing on these pockets prior to being in a situation where you end up like China, where now everything's credit controlled systems, you, everything's we chat, everything's face ID, your Tesla needs to be under a certain credit score connected to your idea in order for you to charge

the fucking vehicle. And it's absolutely insane. So I don't know if Elon Musk using the AX app now that has over fifty it has all fifty states the ability to remit money. I don't know if he's going to create a super bank with X. That's my opinion, That's what I think he's going to do. But what happens when X becomes the weak chat, the the week chut

of North America. Now you have the censorship that you're kind of going to be fucked up on because you have the head of technology that's always at the cusp of everything, so that you have this guy that runs your vehicle, so he has probably the best understanding of public of transport. He has satellites that are shot in the space. He owns the AI that gets plugged into your brain. He owns this rocket ships, he owns the AI, and he owns the social media platform that feeds the AI.

All he has to do is control a couple of things, and she gets really really intense, really fast, very scary. So the goal is before these things get introduced which are obvious. Look at skynet and rut in China it's coming. How can you create and utilize these pockets of decentralized wealth creation to not have to face the reality of living in these states? So how can I you? I think building digital businesses outside of a specific ecosystem that

is like Instagram or Facebook. If you're limited to like one social platform or one specific avenue, it can be extremely difficult. Number two is you need something that is low risk, high reward, and usually it comes from service based businesses. So when you have to expend your life force energy to receive money, so your only expense if you don't have a lot of money, is your time and your energy, which isn't worth much because you don't

you can't produce much. So I think digital businesses something is scalable. I think physical business, service based businesses, something that is low risk, high reward that doesn't take a lot of startup costs, and you need to build an AI proof business. I met with one of the founders of open ai a couple of years ago. AI proof business or use ai, use ai, yes, but what the AI boom took place? You had a couple of businesses. You had the I businesses that emerged, and you had

let's use AI to beef up our business. When I met with this guy a couple of years ago, he said build. He's like, yeah, AI is just a lot lot of things. What you need to figure out is what can a I never replace or what is the hardest thing or the hardest mote for AI to replace. So that's what you're going to build your business on. Is the hardest mote that I can can can not bypass, which is what community, personal development, the things that AI can do, physical things, the things that AI can't do

for you. So I shifted capital club, I shifted all my businesses to turn them not as AI companies but as AI proof companies. My companies aren't crypto companies. My companies are crypto friendly companies. So it's like, as the narratives emerge and as the narratives change. Because I don't make any irreversible decisions, I'm able.

Speaker 1

To pivot digital businesses low risk, high reward, which are basically service based businesses because you're just contributing your time and labor. Low risk because you don't have to put up capital, so you can bootstrap them. I agree with all that AI proof. I mean, sure you have the physical or you could use AI. I mean you could look at like I mean, I think trying to become a lawyer or a doctor today.

Speaker 3

Like if you're starting your career now, you're you're gonna go to college.

Speaker 1

I'm gonna go to college and be a doctor or a lawyer like man that's probably gonna be replaced in this and.

Speaker 3

That The difficulty hear is the fact that you're competing against an institutionalized establishment that not only has proven its inaccuracy and invalidity to be an institution like these big universities, Harvard, Dale, all these things. All we have to do, dude, is let's take every every single one of the president's CEOs of all these top universities, run all of their papers, every single paper, essay, video conference, every single presentation, keynote

that they've ever done, and let's find plagiarism. Let's find plagiarism in their work, and we discredit half of the fucking universities automatically off rip. Not only that, but we also have to understand that the universities today are political weapons. They're not educational institutions. They are political, dogmatic, government controlled ecosystems. So when your entire narrative is you're the age of eight and your fucking first grade teacher asks you what

is your dream job? Not what do you want to not what do you want in life? You know, hey, how was your day with your parents? You know, go respect your mom and your dad. Know what is your dream job? The moment you're born, you're fucking curated into the system. Unless you unplug and wake up and realize that they're treading on you. You're not gonna tell them don't tread on me, motherfucker. So you need to have this enlightenment. This this this wake up reality check.

Speaker 2

Dude.

Speaker 1

Yeah, nobody was the I want to start my own online digital community. Wasn't on my bingo card. My little brother sells Pokemon cards online and makes good money like that wasn't on the choice right, So to your point.

Speaker 3

Yeah, I love all that.

Speaker 1

So let's go ahead and close it out here. So what's the what's the advice?

Speaker 3

You said?

Speaker 1

You can see the future. You see future trends. I don't want to say you can predict the future, but you see these future trends. So you've already kind of laid that out, so frame it of fourth one more time.

Speaker 3

We'll kind of close it out and give us abe let's frame it out. Let's frame it out specifically. I actually wrote a medium article where I think I posted it January first, where I posted my predictions for twenty twenty four. So I created an article in three specific niches the your commerce niche, your markets, your money and market sniche, and then you're gonna have your crypto, which I think are going to be the three overlining narratives

of twenty twenty four. So let me go ahead and pull this up through my eight months of research for twenty twenty four. I kind of put this into perspective, so you can just type up twenty twenty for Luke bellmar predictions two minute read. We'll link it in the show notes too. So in the beginning, we have e commerce. So these are trends for twenty twenty four. The first one is e commerce direct to consumer brands begin to receive a new wave of funding in private equity investments.

So if you look at twenty twenty one twenty twenty two, private equity when it comes to e commerce tanked completely. I see another research of investments into IP and into brand in the e commerce niches. So for all these drop shippers, all these white labelers, begin to understand that there's going to be businesses that are going to be buying business, which I think they're going to be good

to talk to you to get well positioned. Next is INFO products will begin to legitimize themselves and directly compete with universities and learning institutions. So now why would I listen to this professor that's never been overseas about international business when I can go and sit down with somebody that has international business experience and just listen to them

on YouTube. So now you have e learning, which has been like almost any phase of new technological advancement, usually gets capitalized and captured by low interest and more predatory individuals. So you look at twenty seventeen, twenty fifteen, twenty fourteen, crypto, it was more scammy, right because it's brand new. There isn't real shit built on it. It's the same thing with INFO products and e learning. The first people on the initial wave was the people that could mil the

money off. But today you have real, real learning institutions online that are competing with the best of the best. I see this as a trend in twenty twenty four. Next is political themed e commerce and drop shipping, so all twenty twenty four because it's an electionnaire. Yes massive. I made a ton of money selling a Donald Trump coin last election. So it was just a coin that had Donald Trump's profile face and it was your memorabilia token,

and people bought a ton of it. I think these do extremely well.

Speaker 1

Shout out to my radio sponsor, universal Coin, and boy on they make a special Donald Trump gold coin. So if you want to get actual goalcoin, check out universal Coin.

Speaker 3

Yes, so it's not that drop shipping coin. Yeah, it's actually real one. Next, you have dominant influencers continue to build scale and sell irl businesses. So now you're going to begin to see influencers the likes of mister Beast and the likes of Luke belmar be in a situation whereby you're building collateral businesses like the Nile River that we were talking about, as proxy small empires around your

traffic source. So I see a lot of content creators now no longer doing merged these simple kind of basic one O ones of commerce, but utilizing their audiences and building real products. So now you can translate loyalty from here to loyalty here, and once you have loyalty on the product, you can sell that company.

Speaker 1

Yeah.

Speaker 3

I love that. Now. NEXTUS Health Longevity and Wellness becomes a top white hat monthly recurring revenue e commerce niche So I think it was Universal Talent Agency or Universal Talent Management that manages all the top guys. Gary Brickett told me this. He said they did a massive report as to what are the emerging trends in niches and biohacking, longevity, health and wellness and anti aging were at the top over any other category in all of commerce. So I

see that being becoming super powerful. Next, I'm big on Shopify, So anytime Shopify keeps ramping up, I love it. Money and Markets the US continues spending. Nothing new there. We already know it, that spiral boom everything that we already know. Bitcoin ETF gets approved. Obviously this was written a couple of days ago. But now I see a big narrative towards ethereum METF. We are going to get in etherym METF eventually. It is inevitable when you begin to look

at all these big companies. They all that bitcoin is a financial instrument where they can take a fee, make some money and have market dominance. Why wouldn't they They do the same with ethereum, and why wouldn't they do that the same with a basket of crypto assets. They might, so it's worth considering at least paying attention. Next, you have your competing layer ones, So you have Salaana, you have a vactually have these other kind of chains that

people like to have high frequency trading ecosystems take place. So, for example, you have this whole shitcoin ecosystem, which people like it. Hete it. It's irrelevant, it's a system that exists. Bitcoin can't sustain that ecosystem because Bitcoin isn't designed for high frequency trading. So now you see a lot of layer ones that are designed for people that want to buy six dollars worth of something and it's only going to cost them a fraction of a penny. There's a

market for that. I think that that's going to be one of the arratives that's going to be taking place when it comes to money in markets. So anything that's layer ones that dominate with high frequency trading, I think it's going to be dope. PayPal and Robinhood stock super underperformed stocks. I think now that the market begins to take form, I think that there's a high likelihood that

these stocks perform extremely well. Venture capital, private equity begins to invest into crypto infrastructure, so a lot of companies that are risk adverse towards projects that have token allocations and tokens. There's companies that will not touch this for legal purposes, but they will still buy infrastructure in crypto. They will still buy SaaS and crypto. So for builders,

you don't necessarily need to launch a token. You don't necessarily need to build something that's what's already been built. You can build a crypto friendly company that is of interest for people that are in the crypto space, but that isn't tied to crypto specifically.

Speaker 1

And shout out to my fund, Bitcoin Opportunity Fund. We're investing in through the infrastructure of the bigoin ecosystem.

Speaker 3

Perfect. So now you have the example right, So now you can invest not in tokens, but in that sustain the crypto ecosystem. I see a massive narrative there for crypto and DeFi. DeFi platforms shift focused to reducing retail onboarding friction and begin to compete head on with centralized exchanges. So you have the likes of Jupiter Exchange or Phantom wallet. If if I was to show you Phantom wallet right now,

I download the phantom wad. In thirty seconds, I open up Jupiter Exchange, somebody sends me USDC, and I'm trading. In ten minutes for me to open up a Robinhood account, get kyced, fund it connect ah, connect my card, get it funded, buy some bitcoin takes a long time. I see DeFi very soon competing hand head on hand hand with centralized exchanges, with your wee bowls, with your e trades, with your merit trades. DeFi is getting really really crazy,

and it's getting really really well funded. So I'd be looking at these NFTs with high viral IP become multi billion dollar brands. So NFTs are merely your ability to hold onto a percentage or a piece of a company or be part of a community. Companies that have high value IP that can merge into the real world are going to do extremely well. You have the likes of Pudge Penguins. You have a couple other companies that are doing extremely well, these are worth considering and looking into

only if they have real world applications. You look at the likes of you talked about Pokemon, right, Pokemon, that's IP, So you're not investing in Pokemon cards, You're investing into the IP that gives the Pokemon cards value. And I think that that's one of these narratives that's going to be taking place. Next is tokenized assets under management. So I see a big play. Larry Fink's begins and has

been talking about the tokenization of all real world assets. Everything, real estate, mortgages, your bank statements, your car loan, your house, anything is going to be tokenized. So companies that begin to build portfolios or begin to take money in to manage assets in a tokenized format, I think are to be kind of extremely popular. Next, we have more publicly traded companies begin to add bitcoin to their balance sheets.

I think, now that you had this reporting system kind of up, my companies have bitcoin in their balance sheet, it's never gonna it's never gonna leave. I think more public listed companies are going to begin adopting it. I think that's gonna be huge. And then one of the big ones is Layer one Smart contracts focused on parallel execution of the EVM, which is the Ethereum Virtual Machine

become popular. So this is basically l ones or different projects that allow Ethereum to not operate like a piece of shit, because right now it operates like a piece of shit. And then finally, the big one for the end of the year is the middle class officially gets priced out of buying one full bitcoin.

Speaker 1

Certainly a few of those are going to play out. Sounds pretty good, sounds pretty ambitious. All right, Well man, we've covered a lot of ground. I think that's probably a good place to break it off. Thanks for having me. That's so we'll focus on for next year. Position yourself in one of those areas. If I'm going to summarize this for people listening, focus on yourself. Work for free so you can build a skill, deliver the skill to the to the marketplace for free, and tell someone wants

to pay you for it. Once you've created that wealth, learn to control where you work and when you work, and then parlay that money into some places that you can multiply that wealth. Here's a whole bunch of themes that you can do this and continue to build your wealth. And grow your wealth and then.

Speaker 3

Protect it so you can protect your freedom and sovereignty. Can I mention the protection real quick? The protection I divide it into two things. And this is kind of a left left kind of curveball. It has nothing to do with yourself. It has to do with the people that you bring. So to preserve your wealth, you need a wealth. You need it. You need you need a financial advisor, a financial planner. You can't assume that just because you said just because you're good in one business

doesn't mean you're good in every business. And just because you're good at making money doesn't mean you're good at keeping it. Yeah. So in my life, the first thing I did as soon as I began to make a little bit of money, I found a financial advisor or a financial planner that had my risk appetite or understood my risk appetite and could help me position a portfolio. Whether it was a mentor, it was somebody that's a CPA and actually specialized in this. I have found these people.

Next is a financial role model. So if I want to preserve my wealth, I need to look at somebody that's been able to do this model prior and take from them, right, So take from their ingredients, take from their recipes, and put something together for me. Take the likes of Warren Buffett. Warren Buffett has his principles of if you're too diversified, you're ignorant, right deal box? Yeah, so, or if you invest everything into one, you're putting both

feet into the lake. Too much risk. So somewhere with them there is his financial model of wealth preservation. You need to find who kind of aligns with you, learn from them, become mentored by them, find a financial advisor that can help you manage this area, which is very

different than making money and being an entrepreneur. And I think having advisors, having counsel and having people that do this management in store for me and kind of think about the future of what I've already built, have been able to position me for the preservation of wealth. Awesome that was to sign it off. Thank you, Billmer, Thank you for having me Mark Moss such a pleasure. Likewise, all right, that's a wrap.

Speaker 1

Hopefully you've enjoyed this interview I did with Luke belmar Boy. I know he's young, but don't overlook his accomplishments because of his age.

Speaker 2

There's a wealth.

Speaker 1

Of wisdom that we can all learn because we can learn from anything and anybody, but specifically we can learn from somebody who came from nothing and made that much money. Make sure to give him a follow. Check out all those links down below. Also, like I said, join me live as we talk about how we're going to navigate what's happening with our central bank and our government and really about the world.

Speaker 2

I'm going to show you all the charts to graphs.

Speaker 1

How we should be building our portfolios to deal with this so we can survive and three twenty twenty four without dealing with all the volatility.

Speaker 2

There's a link down below. Come join me. That's what I got. Hope you enjoyed it.

Speaker 3

To your success out

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