Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Exclusive: Crypto Vic on the Future of Meme Coins, Crypto & Life 🚀
Transcript
- 0:39Welcome to the live stream. We have a special guest today,
- 0:43our friend Crypto Victoria. He's a member of the UFD
- 0:45community, super respected in the overall crypto community.
- 0:50Victoria, welcome to Ron's basement.
- 0:52Welcome to Duster Daily. How are you doing today?
- 0:55Oh, we're on dude. I'm doing great bro.
- 0:57Appreciate you having me again. This is like, what is this, our
- 1:01third or fourth live together? I think it is, yeah.
- 1:04We always seem to have great stimulating conversation, right
- 1:07where I feel like, well, at least from my perspective, I go
- 1:10away learning something. And I know you give a lot of
- 1:13great value to our community, but we were talking before we
- 1:16came online. You have over 200 million,
- 1:20probably closer to 250, three, 100 million lifetime views
- 1:24across all of your social media channels.
- 1:27It's obvious to me that you're providing value to people.
- 1:31And what's most important to me is I know that you do it in a
- 1:34very, I think, transparent, honest and ethical way.
- 1:37So it's a it's a big privilege to have you here on the show,
- 1:40Vic. Hey, man, I appreciate it.
- 1:41Yeah, I think like in crypto, too many, too many and honest
- 1:45people get away with shady things.
- 1:46So when you're not anonymous, like you got to keep it real
- 1:51honestly, like what other option you got?
- 1:53But I just feel like, you know, that's in anything that I do is
- 1:56just be authentic, be genuine. If you're not, if you are not
- 2:01authentic and genuine, I feel like it just kind of eats away
- 2:03at your soul. So I just try to keep it real
- 2:06man, just like you. Yeah, you know, that's a, that's
- 2:08a good point. The other thing I like to
- 2:10remember also, cuz I'm 55 years old, I've learned it's a lot
- 2:13easier to live that way, right? Like nobody's absolutely
- 2:16perfect. We've all made our mistakes in
- 2:18life, but man, it's a lot easier just to be yourself and also
- 2:23just be honest. It's much simpler, you know, you
- 2:25don't have a bunch of stories you got to keep up with or
- 2:28anything like that, so. Yeah, for sure, they say.
- 2:30The truth always comes out. Yeah, right.
- 2:33Well, that's, you know, that's what I love about crypto.
- 2:35This whole idea of, you know, one of the things I learned
- 2:38early on, this idea of transparency, you know, the
- 2:41blockchain is, is very transparent in terms of the
- 2:44transactions that go on. And you know, I don't know how
- 2:47you feel about this, but to me it feels like even in crypto, it
- 2:50feel in the not in the nine months that I've been in it like
- 2:53eventually the truth comes out. Is that is that a a safe
- 2:57assessment in your opinion? Yeah, yeah, for sure.
- 3:00I think it's just best to have nothing to hide.
- 3:02Like if you just have nothing to hide, then like if it comes out,
- 3:05you know, you're just like bro, I've been saying this the whole
- 3:07time like I'm not hiding anything.
- 3:10Yeah, yeah, yeah. Keep, keep moving, keep moving
- 3:13forward. I try to tell the UFD community
- 3:15because sometimes people get frustrated with all the rug
- 3:18poles and some of the shenanigans that go on out
- 3:20there. And, and I like to say, hey, you
- 3:23know, the best thing we can do as a community is adhere to the
- 3:26original ethos of crypto, adhere to what our community stands
- 3:31for. Good attracts good, honesty,
- 3:33integrity. And the best way that we can
- 3:35have a big impact on crypto is by us being successful.
- 3:39Because if you're focused too much on the negativity out
- 3:42there, there's that saying, right, if you, if you roll with
- 3:45the pigs, you're going to get dirty.
- 3:48And there's a lot of good people.
- 3:49I I think in crypto there's a lot of most people are good that
- 3:53I've run into. Yeah, for sure.
- 3:55I think in your community, definitely I, I've encountered
- 3:58the, the lesser people for sure here and there.
- 4:03But I mean, it's, it's a, it's a wild, Wild West situation.
- 4:09You're going to have the heroes and the villains and that's just
- 4:13the nature of humanity, it seems.
- 4:16And on the blockchain, things are just real.
- 4:19It's just real. It's a real place where people
- 4:22feel like they don't necessarily need to be held accountable
- 4:28because like they're really not being held accountable for
- 4:30anything they do wrong. So I, I then it just comes down
- 4:34to morals and how you were raised and what you believe in,
- 4:38right, and what compass you follow.
- 4:40And so it, it definitely is split.
- 4:45I don't know if it's 5050, I don't know if it's 8020, but
- 4:48it's definitely, it's definitely good guys and bad guys out here,
- 4:50that's for sure. Well, I, I, I believe the good
- 4:53guys are winning and I know there's other, you know, I think
- 4:55our community is great. There's great people like you,
- 4:58there's other great crypto communities and great projects
- 5:02and, and I think that I think that in the end, you know, the
- 5:06market or the invisible hand or however you want to say it, that
- 5:10the, that the good people will, will prevail.
- 5:13But it does. I agree with you 100%, Victoria.
- 5:16I mean, like when I got into crypto 9 months and two days
- 5:20ago, I thought, and I got into meme coins.
- 5:23Like I knew a little bit about meme coins.
- 5:25I knew what doge was and you know, but in my mind it was a
- 5:29bunch of cute little animal cartoon pictures.
- 5:32And I thought, oh, I'm going to, you know, was it when it first
- 5:34when Unicorn fart this happened, I thought, oh, I'm going into
- 5:37this nice place with, you know, these cute little animal
- 5:40pictures. And I learned real quickly that
- 5:43it is the Wild West, especially the meme coin sector.
- 5:46I think it's a great and I mean it is look like I I with my gold
- 5:53and silver channel and business, I dealt with a lot of CE OS of
- 5:57big publicly traded companies and I knew like the laws and the
- 6:02rules they had to adhere to. And I'll tell you man, in the
- 6:05crypto world and in the mean coin sector, it is the Wild
- 6:09West. And, and I guess that'll lead me
- 6:12into my first question for you. If I, if I forced you to give a
- 6:18prediction about like where you would see the meme coin sector
- 6:2218 months from now, do you think there's going to be a, a big
- 6:25difference from what we're experiencing now?
- 6:27Do you have any thoughts on that?
- 6:29Yeah, I do for sure. This is actually, I'm actually
- 6:32making a video about this right now because I do have like a
- 6:35very strong opinion about where things are going.
- 6:38So basically we're at a, we're in a place right now where 80%,
- 6:48I'm going to say an 8020, but it's more like 99 one like 99%
- 6:53of tokens that launch are just malicious like they're done with
- 6:58the intention to extract money out of the market, which is the
- 7:04reality of it. If you go and you go on Axiom
- 7:06and you trench, you're going to you're going to get wrecked.
- 7:10Like if you don't know what you're doing, like you're just
- 7:12going to fall into a trap and get rug pulled.
- 7:14Hopefully you don't put too much of your port in it.
- 7:17The 1% projects like this, big projects that have a big
- 7:22community, right, that have lasted stood the test of time
- 7:27and have people showing up, have people rallying around around.
- 7:31I don't think these projects are going to go anywhere.
- 7:34I do think that the trenchers who want a quick flip and who
- 7:41want to basically battle against each other because that's what
- 7:45they're doing, they're kind of like PvP ING against each other.
- 7:48I think that they're going to migrate over to a new brand or
- 7:55new evolution of the ecosystem. So like, this has been my thesis
- 7:58for a while, months and months now.
- 8:00And I teamed up with two different agencies to build a
- 8:05game. So we actually just launched it
- 8:07on Monday and we're playing it again tomorrow on Friday.
- 8:11And it's like an arena based game where you PvP against other
- 8:15players on Solana. So you get that same PvP
- 8:18experience, but it's based on your skill.
- 8:20You can't get rugged. And it's like really fun, really
- 8:23streamable content. And that it's called dot PvP.
- 8:29That's where I think that the, the, the trenches are going to a
- 8:32place where you don't have to worry about getting rugged.
- 8:37You can still PvP against other people and hit multiples.
- 8:40Like when I played the first time I streamed dot PVPI hit a
- 8:443X on what I've on what I've played with.
- 8:47So like you can still hit multiples.
- 8:49You're still playing against other people, but you're like
- 8:52eliminating this whole am I going to get rugged?
- 8:55Is the coin bundled? Is the dev, you know, using side
- 8:59wallets like what's going on here?
- 9:02I don't trust it. It's kind of eliminating all
- 9:04that, but still keeping the fun essence and the competitive
- 9:09essence of I have my Solana, I am battling against other people
- 9:15and I'm going to try and win their solana.
- 9:18And that's literally what trenching and trading meme coins
- 9:21is. Because when you look at like
- 9:24the profitability. So I I think my mics turned down
- 9:26a little bit. No, you sound you sound great
- 9:28on. My end.
- 9:29Is that good? Yeah.
- 9:30Yeah. And I'm and I'm right.
- 9:31Is that when I'm not looking at you or the audience or our
- 9:34viewer? And by the way, everybody please
- 9:35retweet this. It's because as you talk, I'm
- 9:39writing down a list of questions for you.
- 9:41So trying not, I'm trying not to interrupt you.
- 9:43Go, go ahead. No worries, No worries.
- 9:46When you look at like the top traders of a meme coin, which is
- 9:51pretty easy to do, you just go like even on deck Screener you
- 9:54can see top traders. On axe you can see top traders.
- 9:57It's a very small percentage of the traders that were in a coin
- 10:00are the ones that actually make money.
- 10:01Like if you're in a coin out out of like 100% of the traders in a
- 10:06coin, there's going to be like 5% of them who are actually
- 10:08profitable and 95% of them who are not.
- 10:11And they're profitable because they won that money off of those
- 10:14other players, those other traders, right?
- 10:17It's basically a game even like the top Eemcoin traders, the big
- 10:23famous ones like cupsy and orangey and stuff, Those are all
- 10:27they, they used to be Fortnite players, like they were pros,
- 10:31right? So they come from PvP gaming.
- 10:33And I think that it's going to come full circle.
- 10:35I think that trenching on a day-to-day basis is going to get
- 10:39replaced by more formalized gaming that allows for the same
- 10:42experience. And then the communities that
- 10:44are going to stay strong are going to stay strong.
- 10:46They'll migrate more over to like an altcoin status.
- 10:50So that's where I see UFD going. It's like it's going to be
- 10:53compared to just like Dogecoin. It's like when you think of
- 10:57Dogecoin, it's not a meme coin. Like that's an altcoin, you
- 11:00know, it's like top ten. Same with Sheba.
- 11:03It's not a meme coin, it's an altcoin.
- 11:06UFDSPX, Giga, like these big, big, big ones, they're going to
- 11:11be converted and kind of put into like the Hall of Fame, I
- 11:15guess, of meme coin and evolve into all coins.
- 11:19And I think that meme coin culture in the sense of
- 11:22day-to-day trading will eventually migrate and die off
- 11:24into a PvP gaming culture. That's what I think is going to
- 11:28happen. Yeah, I, I, I agree with you
- 11:32100% and you, you know, enlighten me.
- 11:34And, and, and added, added actually a lot of depth to what
- 11:37I was kind of feeling inside that like at some point when
- 11:429590% of the people are out there doing this PvP, which
- 11:46means like player versus player, right?
- 11:48Like there's a winner and there's a loser exactly battling
- 11:50it out. Like Fortnite and my daughters
- 11:52play Fortnite. I've watched it extensively,
- 11:54right? There's only one person who wins
- 11:57in the end, right? What do they call that?
- 12:00A battle Royale. Victory Royale or Battery
- 12:02Royale? Battle Royale.
- 12:04Yeah. But when it comes to money and
- 12:07people and, you know, learning, I think it just feels like that
- 12:10as, as the, as the sector progresses, I mean, how many
- 12:15times are you going to bang your head against the wall until you
- 12:17finally decide like, I don't want to bang my head against the
- 12:20wall and, or you. Just like don't have the money
- 12:22anymore to bang your head against the wall like you're
- 12:24you're rinsed. We call it your you're rinsed
- 12:27bro. Like that's what we say rinsed.
- 12:29OK, I'm learning all kinds of stuff.
- 12:30I love it Rinsed. You're rinsed once all these
- 12:32people get rinsed and spun through the, the, the washing
- 12:36machine, they're going to be like, they're going to be like,
- 12:39I want something safe. And there's a guy in our
- 12:41community King cause who's very smart and involved.
- 12:44And he said this to me and I wrote it down on one of my
- 12:47millions of sheets of paper here.
- 12:49Like you want UFD to be. And I think UFD is like safe and
- 12:54reliable. So that like all these people
- 12:57that are in the trenches that like, but maybe they know about
- 13:00UFD and at some point they finally just say, you know what?
- 13:02I just want to be part of whether it's UFD or SPX 6900 or
- 13:06Pudgy or any other. And there's a lot of other,
- 13:09there's a, like, I think you said the Hall of Fame like that.
- 13:12They I want to go to the Hall of Fame, forget this.
- 13:15It's so different, right? Like going in and battling
- 13:18everyday and basically 90 having a 9095% chance that you're going
- 13:22to lose money versus getting involved with the community
- 13:27where we really have this gift of Web 3 and you know, the the
- 13:32blockchain and like you, we can really make a difference in
- 13:35these projects. Yeah, I really appreciate what
- 13:38you said, Victoria, because it's, it's what I see happening
- 13:41as well. Like we don't need like some big
- 13:43sheriff to come into town and and regulate everything and say,
- 13:46I'm like, we just need the good projects to be there.
- 13:50The Hall of Fame, as you said, in which I hope UFD gets
- 13:54inducted someday, but to be there available and proving
- 13:58themselves. And I, I do I, I agree with you.
- 14:02I think there's going to be a handful of projects that 18
- 14:04months from now are standing out and we're going to have a much
- 14:08different landscape out. There 100%, yeah, it's going to
- 14:11be very, it'll be very different in 18 months.
- 14:13It'll be so different. Like how old is UFG?
- 14:16It's like what, like 8 years old?
- 14:18Nine months. Yeah, like that.
- 14:20Like, but it feels like years, like it feels like years, right.
- 14:24So I mean it just flew like it didn't fly by.
- 14:28Just crypto timing is just such a weird vortex like you know
- 14:33what I mean? Like one week.
- 14:34I know what you mean though. It's like 6 months in
- 14:37traditional world, you know? Yeah, Yeah, I know what you
- 14:41mean. And I wrote it was one of my
- 14:42questions for you. As you were talking, you said
- 14:44there's going to be some of the projects that stood the test of
- 14:47time. And I kind of laughed.
- 14:48I thought is 9 months the test of time?
- 14:51I mean, I like to think we've proven, we've proven we're not a
- 14:54gambling token. That was the big thing when I
- 14:56first got in the first couple of months, people would say there's
- 14:59gambling tokens, right, which I think are the PvP, you know, the
- 15:04trenching, trenching, Yeah. And and then there's like the
- 15:07other tokens that are in in, do you think nine months?
- 15:11I mean, I don't think we've arrived by any stretch of the
- 15:14imagination, but I think UFD and some other projects out there as
- 15:17well have proven, you know, over nine months or a year like, hey,
- 15:21we're, we are real. We are here to stay and you can
- 15:24rely on us and trust us. Well, this is what it comes down
- 15:29to honestly is like Lady Luck favors those who take action.
- 15:35Meaning if you're showing up and you're taking action and you're
- 15:38plugging and plugging and plugging every day and you're,
- 15:41and you're consistent and you work on it, then like eventually
- 15:43one of those actions is just going to hit and it's just going
- 15:46to work and it'll push you forward.
- 15:48And the more actions that you take and the more consistent
- 15:51that you are, the more of those you will hit.
- 15:55And then you have motion, you have momentum.
- 15:59And when you have motion, like you said, like hang around the
- 16:01pigs, you get dirty. Like I've, I'm trying to flip
- 16:05it. Like if you, if you hang around
- 16:07water, you get wet, right? Like, so this is this is the
- 16:13outcome of of your consistency and the consistency of the
- 16:17community is showing up, doing the actions at volume
- 16:25consistently. And then some people notice,
- 16:28like that's how I noticed. And then I brought in my
- 16:31community and I got them. And then, you know, maybe down
- 16:35the line you have finally, I know your community wants it so
- 16:38bad, but like finally a Murad, you know, plug because he's
- 16:45probably paying attention to you, but he's just not saying it
- 16:48because he doesn't want to give a, a false signal.
- 16:51But when I talked to Murad, he told me he's like, I don't even,
- 16:54I don't even consider a project until it's a year old.
- 16:58Like that needs to be at least a year old.
- 17:01I need that data. Yeah.
- 17:03And if you're a year consistent and you're a year live daily and
- 17:09you're a year of the community coming into these lives going
- 17:13into post people posting like, Hey, I checked out UFD and
- 17:16rating them and, and you know, some of your like corral sent me
- 17:21a bunch of merch, you know, and stuff like this, like other
- 17:24communities, they don't do that. And it's that type of activity
- 17:29and action that's that snowballs over time that will get you just
- 17:34those like one off moments. And those one off moments are
- 17:38like 100 X moments and but you would never get them if you
- 17:43didn't have the consistency, the volume, the actions cause again,
- 17:47lady luck favors those take action.
- 17:50So it's not being lucky. It's literally showing up.
- 17:53And that's what like UFD shows up.
- 17:55Like the community shows up and it's real and other communities
- 18:00want that. But they don't have, they don't
- 18:03have the the lore, they don't have the story.
- 18:05They don't have the the face, the they don't have Ron.
- 18:08The it's what you got here is something unique to the space.
- 18:13So if you just continue and you continue taking action on a
- 18:20daily basis, I don't know what it will be, what the next one
- 18:23will be, but it might be Murad. It might be Coinbase, it might
- 18:28be Binance. It like you don't know what it's
- 18:32going to be, but something will happen because you will get
- 18:36lucky. Because luck is not random, it's
- 18:40it's based on action. You can't get lucky if you don't
- 18:42take action. Yeah, man, you are.
- 18:44You are spitting some wisdom there, Victoria.
- 18:46Thank you. The other one I want to throw in
- 18:49before I forget. If you hang out in a Barber
- 18:51shop, you're eventually you're going to get a haircut.
- 18:56That's funny. So what if you're the?
- 18:59Barber, though, Who's going to cut your hair?
- 19:01That's a good question. We'll, we'll, we'll figure that
- 19:04out on the next live stream as you were talking, you know,
- 19:09right, like you do create your own luck, right?
- 19:11That comes from discipline by taking action.
- 19:15There's a there's a concept or a theory out there called the
- 19:18Lindy effect. You ever heard of the Lindy
- 19:20effect, right? Like sounds.
- 19:21Really familiar. It it, it basically said the law
- 19:24of Lindy. I don't know it's I, I had to
- 19:26Google it myself because one of our community members again
- 19:29brought it up to me. But it basically states that for
- 19:32a non perishable item or organization or anything that's
- 19:37non perishable, that the longer it exists, the more likely it is
- 19:42that it will continue to exist and to be successful.
- 19:45That's right and. Yeah.
- 19:47So I think that fits in with what you were with what you were
- 19:50saying and and and by the way, I just want to make sure we do
- 19:54have a Murad countdown ticker. We're at two months and 28 days
- 19:59until he can consider us. So that's.
- 20:02Awesome. That's really awesome.
- 20:03I'm joking, I'm joking. But maybe, maybe we need to have
- 20:05that right. You should have it then your
- 20:08community should raid him. Yeah.
- 20:10You had you. They they will.
- 20:12And they do. They they do.
- 20:14Did you have him on one of your streams?
- 20:17OK, Yeah. Congratulations.
- 20:20I've got a lot of respect for him and I tell this story
- 20:23frequently, so I apologize to those that have already heard
- 20:26it. But you know, when I created UFD
- 20:28that I'd, I mean, I knew nothing about crypto.
- 20:32I mean, I knew like the very like the typical boomer guy
- 20:35who's been in the stock market for. 20 years only Imagine man
- 20:38I. Knew nothing.
- 20:39I knew nothing. And a guy named a guy named Drew
- 20:42who's been been and continues to be one of my advisors sent me
- 20:46that Murad presentation that he gave.
- 20:50I think it was a token 2024 in Singapore.
- 20:53Yeah. And I was, I mean, I watched it
- 20:56for like 20 minutes in my life. My brain changed, my life
- 21:00changed. I realized that like, what was
- 21:04really going on. So I got a lot of respect from
- 21:07your ad and, and, and, you know, even I've got it, I could pull
- 21:11it up. So it's part of what I'm going
- 21:13to show here either in this live stream or the next one.
- 21:15But you put out this pyramid diagram the other day that shows
- 21:18like, you know, the top of the pyramid, the coins that have,
- 21:22you know, the certain characteristics are the ones
- 21:24that will survive. And yeah, he's just been a great
- 21:28off topic. Not off topic, but you mentioned
- 21:31something earlier. And I'm sure everybody watching
- 21:33knows this because I'm the the almost boomer crypto guy.
- 21:37But when they when they say a token is bundled, what does that
- 21:40mean? Like a group of friends
- 21:42basically got together and bought and bought up the supply.
- 21:45It's like, it's like sniping it like at the start of the coin.
- 21:50So let's say I launch a coin, no one knows what it is.
- 21:53It's just a random new pair that comes up and then the developer,
- 21:58like let's say I'm the developer, I go and I create 10
- 22:01wallets over here and I fund them from like a DEX or some
- 22:06source that's going to be hard to track.
- 22:07And then I buy like one wallet after another.
- 22:11So it's like I, I own a bunch of the supply, but it's not like
- 22:14grouped into one wallet. So when you go to top holders,
- 22:17it doesn't show just like one guy owns 50% of it.
- 22:19It's like all spread out between all these wallets.
- 22:22So that's, that's what bundling is.
- 22:24So when it goes up, you could a lot of software that lets you
- 22:27bundle. I don't really know much of
- 22:30them. Like I, I use axiom, but like I
- 22:33don't dev coins. So like this is stuff I know in
- 22:35theory, but if I ever had to do it in practice, I I don't really
- 22:39have the tools. I know there's like a ton of
- 22:41bots and different things, but I've been and I've been
- 22:45approached by these bots being like, Hey, will you promote
- 22:48this? And I'm always like, no, dude, I
- 22:49will not promote this at all. Like leave.
- 22:54But yeah, so that's basically that the idea of, of bundling is
- 22:59just owning a lot of supply in a hidden way.
- 23:03And like if you're doing that, like I, I see the, I see why it
- 23:08makes sense to do it to control the outcome later on so someone
- 23:14else doesn't bundle it and then wreck it.
- 23:17But at the same time, like there's obviously like a
- 23:21malicious undertone if you're bundling it because you can just
- 23:25you can rug pull the project later, right?
- 23:27Right, right. You could simultaneously sell
- 23:29from all those bundled wallets and.
- 23:32You're doing it through like like a bot or I think even
- 23:36Axiom, you could sell it all at once.
- 23:39Yeah, you just one candle, death candle, and it's done.
- 23:43Yeah, yeah. So, so I get approached with
- 23:47multiple times a day with all types of different offers of of
- 23:51I don't know, projects, you name it.
- 23:53Think I mean, I say no and I don't, I don't reply to some of
- 23:58them, but I have to say no to a lot of them.
- 24:01I have to like face that decision every day.
- 24:03Like good or bad, honest, dishonest.
- 24:06I'd imagine you with the influence you have are
- 24:10approached with just unbelievable amounts of quote UN
- 24:14quote opportunities where you have to make like an ethics
- 24:18decision about what am I interested in this?
- 24:21Would I move forward with it? Is that is that the case?
- 24:24Yeah, I have a manager who who deals with all my inbound.
- 24:27I probably get 5 to 10 emails and DMS every day.
- 24:30Wow, wow, yeah, it's, it's incredible.
- 24:34You know, IA couple weeks ago kind of dawned on me when I was
- 24:38thinking about the and I'm always thinking mostly about the
- 24:41meme coin sector. But it dawned on me that like
- 24:44there's certain companies and there's certain people in
- 24:48certain projects in the in the meme coin.
- 24:51I guess probably could say this about crypto in general, but I'm
- 24:54again focused on more on meme coins that are value adders that
- 24:58I think are creating value overall for crypto.
- 25:02And then there's the other portion of it that are
- 25:05extractors. And we, you know, we kind of
- 25:07touched on this earlier, but do you, I mean, you know, that's a
- 25:10real black and white and I guess there's a Gray area in the
- 25:12middle. But is, is that, is that, am I
- 25:15accurate when I'm thinking that? Yes, 100% yeah.
- 25:20That's that's the that's the hero and villain split we were
- 25:23talking about earlier. Yeah, yeah.
- 25:25Like the, there's people out there that are, that are trying
- 25:27to, you know, it gives like I think about like moon pay or
- 25:31even Ledger. Those are the two companies that
- 25:33support me and I feel good about them because like to me moon pay
- 25:35is kind of the, I call it lately I've been calling it the entry
- 25:39door into crypto, right? They've, they've got I think
- 25:4135,000,000 accounts now and like they allow people and that's how
- 25:45I got into crypto. That was.
- 25:46My very it's a super easy on ramp.
- 25:49Yeah, on ramp and and you know, ledgers doing security and then
- 25:54and I don't want to name any names publicly, but then I think
- 25:56of some other companies that I know of in crypto.
- 25:59I think, wow, those guys are really just trying to extract
- 26:02just to make money out of crypto, like not build crypto,
- 26:06but almost find a way that they can extract Fiat.
- 26:10Is that is that accurate even out of crypto?
- 26:13Most projects, most of what's going on in crypto is extraction
- 26:18100%. OK, OK, interesting.
- 26:21But here's the thing, it's like I feel like every business
- 26:25extracts. Yeah.
- 26:28Business is extraction. That's what it is.
- 26:30If I go and I sell you this water bottle, so I bought this
- 26:33water bottle on Amazon. This water bottle, I think it's
- 26:37$50. This water bottle like metal
- 26:40solid. I've had this thing for like
- 26:42three years, bro. Like you can see like there's
- 26:44damage done. I've dropped it.
- 26:45I don't know focus. Yeah, I can see it, Yeah.
- 26:50It's focusing on my face, so you see all the damage that has been
- 26:53done for me dropping it like this thing has been through a
- 26:56lot. Yeah, $50 water bottle.
- 26:59How much do you think the seller got it for?
- 27:03Yeah, 3020 or yeah. 10. Yeah, 10. 12 Do I have a problem
- 27:07with that? No, like they shipped it to my
- 27:09door. You made me you made me thirsty,
- 27:13so pardon me when I take a drink of water.
- 27:15Yeah, for good, man. Drink water dehydrated.
- 27:18But I mean like every business, like business is like you can
- 27:22label it extraction. I feel like extraction is a very
- 27:25malicious word, like profit is another word.
- 27:30I feel like that has like a softer landing.
- 27:33The people are profitable. I'm profitable.
- 27:36I'm not extracting because extraction is like, I feel like
- 27:40extraction is like, hey, look over here and then like good,
- 27:45good, good, you know, like Libra, like Libra was
- 27:47extraction. You know what I mean?
- 27:49Where profit is Ledger a good example, right?
- 27:55Like they sell their hardware wallet $300 or whatever cost
- 27:58them, I don't know, 40 bucks in China or something like that,
- 28:02right? Like, I don't know if they make
- 28:04in China, just an example, but that's business, that's profit.
- 28:09So yeah, I think there's like 3 tiers.
- 28:15I'm sorry, I apologize, but I, I think this relates to what
- 28:17you're saying. Like there's a difference when
- 28:20you make profit, but you're also adding value like your water
- 28:25bottle, right? Like they gave, they made
- 28:27profit. You're cool with that, right?
- 28:29But you've had this really cool water bottle that you've dropped
- 28:32and whatever and you probably have drank, you know, $10,000
- 28:36worth of the equivalent bottled water that you could have bought
- 28:38at the gas station. Probably they they gave, they
- 28:40gave you, yes, same here. I'm a big water drink. 2 Two of
- 28:44these a day. This is me too.
- 28:47High 5 Victoria. I'm a huge water drinker, man.
- 28:51I get it. It's good.
- 28:52It's so rare to meet, like, really serious water drinkers.
- 28:56Like, I'm such a water snob, dude.
- 28:58Yeah, I have a reverse osmosis with alkaline.
- 29:02Alkaline. What's it called?
- 29:04Like they're rocks and they. Right.
- 29:06Yeah, they re mineralize. Yeah, that's.
- 29:09Cool. Yeah, so I like top tier water
- 29:11all day. That's that's my vibe.
- 29:13That's it. Yeah, I'm a huge water drinker.
- 29:16But but it but it's OK to extract if you're giving value.
- 29:20And I like the example you gave the Libra token situation.
- 29:24I don't think that was just pure extraction, right?
- 29:27That was just pure manipulation, right, Right.
- 29:30Yeah, yeah. Like I do deals with projects
- 29:33that I research that I think are actually building something that
- 29:41and I share that stuff to my audience and it's a partner
- 29:44deal. They pay me in some way.
- 29:49So I guess like I'm making profit.
- 29:51I'm also giving value because here's The thing is like I got
- 29:55really tight on talking about any project for a really long
- 30:00time because I got like, I just, I just got so sick of all these
- 30:04rug pulls and I just was like, I'm not going to talk about
- 30:08projects because I don't trust anyone anymore And I'm not
- 30:11leading my community to get slaughtered.
- 30:14Like that's just not happening. And like, I've turned down
- 30:17millions of dollars in total, like millions of dollars like.
- 30:20I believe it. And, and, and it's because like
- 30:25I'm not wanting to ever be an extractor, but at the same time
- 30:31I'm doing deals where I make profit.
- 30:34And the way I see it at this point, it's like people stop
- 30:38paying attention to what I have to say when I don't show up with
- 30:41projects. They want me to show up with
- 30:44projects. You know what I mean?
- 30:46Yeah, yeah. There's like this kind of tie
- 30:48rope by. Yeah.
- 30:50You know, it's like, I can't just not talk about projects.
- 30:53People. Then people like, get upset at
- 30:56me. People message me and say, like
- 30:57Victoria, like we want projects, you know what I mean?
- 31:01And then on the other side, it's like, I got to be like very
- 31:04careful that when I do talk about a project, it's coming
- 31:07from a place where I'm like, I actually did my research and I
- 31:10have the best, my best intention and my best perspective that
- 31:14this is something worth their attention.
- 31:17Yeah, and that's like Grinny. It's tightrope, dude.
- 31:22And and is the is the litmus test, if that's the right word,
- 31:26would you put your own money in it?
- 31:28I mean, when I, when I, I don't, right.
- 31:31And that and see, for me, that was why.
- 31:34And I'm not trying to plug Moon Pay or Ledger, but that's why
- 31:37I'm happy to have Moon Pick. As, you know, like I before Moon
- 31:41Pay sponsored me, I used Moon Pay and I honestly had never
- 31:46heard of Moon Pay and maybe heard of them nine months ago,
- 31:49nine months and two days ago today, I had to call buddies of
- 31:52mine that are, you know, senior people at MasterCard here in
- 31:55Saint Louis. I'm like, if you heard it.
- 31:56And they're like, Oh yeah, they're legit, they're awesome,
- 31:58you know, whatever. But so, and then I had a
- 32:00transaction and it went great. So like, I feel good about Moon
- 32:03Pay. I feel good about Ledger when I
- 32:05did gold and silver, you know, I got I still make some gold and
- 32:09silver content here. You know, like there's a there's
- 32:12a company that sponsors my gold and silver first mint, right?
- 32:16It's a company that I do business with.
- 32:18It's a company that I buy. They they are they're a silver
- 32:21mint in Las. I'll give them a plug.
- 32:23They're a silver mint in Las Vegas, NV.
- 32:25They sell silver. They sell here stuff like this.
- 32:29Here's a 10 oz silver bar and this is about crypto, but I love
- 32:32silver. I've always called.
- 32:35What's that? Yeah, you.
- 32:35Want you want to see my silver? Yeah.
- 32:38I'll see your silver. I've already saw your water
- 32:40bottle. Don't worry, folks.
- 32:42I think crypto Victoria's going to come back Silver, the
- 32:48original cryptocurrency. He's he's he's out there.
- 32:53But what I was saying, I'll keep talking.
- 32:54Then we're going to let Victoria talk is like I will only do
- 32:58sponsorships with companies that either I do business with or
- 33:01that I'm personally invested in. All right, Ron, here he is.
- 33:05All right, UFD community. Here we go.
- 33:08In this box. Let's see what I got here, guys.
- 33:15All right, I have some one ouncers right here.
- 33:20Oh cool, you are. You're a stacker.
- 33:23I have Oh, here we go. This is the This is the meat
- 33:29right here. Is that 100 oz bar or a kilo?
- 33:32No, these are, I think they're 10 ounces. 10 oz bars. 10 oz
- 33:37here. I'll I have 8 of them right
- 33:39here. Oh beautiful are those?
- 33:46What are they? Sunshine met?
- 33:47What did they say on there? Sunshine minting, yeah.
- 33:50Yeah, sunshine met. Wow.
- 33:52Then I shouldn't be showing this on stream.
- 33:58Security risk, bro it's OK. I'm locked down and then I have
- 34:05these bad boys. I'm not going to say how many I
- 34:13have of these. Oh, cool.
- 34:17Yeah, the king, the king, the king of precious metals.
- 34:20Yeah, there. You go.
- 34:22Yeah. That's A1 Ouncer.
- 34:25Yeah, very nice. Got a few, I'm not going to say
- 34:28how many out of those, but. You know, in in this in and you
- 34:31and I are talking about crypto, but I think there's a big
- 34:35misconception, especially on the goal in the gold and silver
- 34:38world that that there's this big divide between precious metals
- 34:43and crypto. And I will tell you my belief,
- 34:46and I know this to be true. And I think I've seen some of
- 34:49the smartest minds in the gold and silver sector also initially
- 34:53at least be get involved with Bitcoin and crypto.
- 34:57But the reasons why people buy precious metals and the reasons
- 35:00why people at the at the core like crypto are essentially the
- 35:05same. I don't know how you feel about
- 35:07that, but decentralization, democratization, I think that
- 35:12that that silver precious metal investors and crypto investors
- 35:16are way more similar than they are different.
- 35:18And I know there's like the Peter shifts of the world and
- 35:21some other people that are very vocal, but but there's a big
- 35:25synergy, I think between the communities.
- 35:28So yeah, I agree. Because it's anti Fiat.
- 35:32Right. Yeah, right.
- 35:33Well, there you go. Yeah.
- 35:34Because Fiat's like the worst investment that you could hold
- 35:39is like something that you literally like, know is going to
- 35:42go down in value. So how do you, Yeah, like
- 35:47literally if you want to be, if you want to be wealthy, just bet
- 35:49against the dollar. Like there's no, that's the,
- 35:52that's there's no gambling involved.
- 35:54If you just bet against the dollar constantly.
- 35:57How do you do that? Cash flowing or just assets,
- 36:01appreciating assets, real estate, which I have a few
- 36:06properties, gold, silver because I mean gold's gripping right
- 36:11now. Gold hold its value for
- 36:13thousands of years that you can buy for the same price as you
- 36:18could buy the finest robe, sandals, crown, some sort of
- 36:26jewelry piece in ancient Rome. You can buy a suit shoes belt
- 36:31from Armani today. Exact same for one ounce of
- 36:34gold, right? Right.
- 36:36And then Bitcoin, which is new, it's unproven, but it's
- 36:42completely demolished the dollar in performance like insane,
- 36:46insane returns. And then with Bitcoin, it's just
- 36:49literally like the, the, you know, if, if you stay next to
- 36:54water, you're going to get wet type of situation.
- 36:57Ethereum, Solana, UFDSPX, like all these, they just are.
- 37:02They're around the water, which is Bitcoin.
- 37:04Yeah, yeah, yeah. It's, it's I, I, you know, I
- 37:09think you summed it up very simply, right.
- 37:12It's, it's anti Fiat investment. And we got to, I mean, under the
- 37:16best, I always say under the best of circumstances.
- 37:19And you know, I've studied the Fed and the, and the Fiat
- 37:23systems under the best of circumstances, right, the Fed is
- 37:27shooting to basically steal 2% of your money per year by and
- 37:31with inflation, it's been much higher as of late.
- 37:34And when you look at where we are now compared to 50 years
- 37:38ago, if you look at the last 50 years, like, you know, the
- 37:41dollars lost 99% of its value against gold, for instance,
- 37:45everybody knows, you know, 50 years ago the dollar was
- 37:49multiple times more powerful than it is today.
- 37:52But if you look at the next 50 years, based on where we are now
- 37:55with the national debt, the way the world has changed, right?
- 37:5950 years ago, we were the, we were the really the ruler of the
- 38:03world, China, India, even Russia, you know, weren't nearly
- 38:08as powerful as they are now. So when we look out of the next
- 38:1050 years, like I love my country and I hate that we're in the
- 38:14situation, but it doesn't look real optimistic for the dollar.
- 38:17When you think the last 50 years were bad, I can't even when you
- 38:20think about the next 50 years, I don't know if you have any
- 38:23thought on that, but it's pretty scary.
- 38:25And I think that's why smart guys like you are saying, hey, I
- 38:29own crypto, I own gold, silver, I own some real estate, that
- 38:32type of thing. Yeah.
- 38:34So the reality is that they want to remove the middle class like
- 38:39they they don't want the middle class to exist.
- 38:41And that's because the middle class is a threat to whatever
- 38:46elite powers are, you know, at work here that kind of call the
- 38:50shots, manipulate the media form the Fed, manipulate the dollar,
- 38:56all that stuff. So by by removing the middle
- 38:59class, they eliminate their biggest threat, which is like an
- 39:02army of people who can hold their own ground, maybe not on
- 39:06their own be super powerful, but like on on on their own.
- 39:09They can hold their own ground because people in poverty, they
- 39:12need, they rely on the government.
- 39:14People in poverty rely on the government.
- 39:16They they want handouts, they want stimulus, they want
- 39:20welfare, government checks. They wait for that.
- 39:22And when they don't get it, they they starve.
- 39:24So they're compliant. People that are in poverty are
- 39:26compliant. So they want two classes.
- 39:28They want them and then they want everyone else basically
- 39:32surrendering to them. So how do they do that?
- 39:35Well, First off, taxes. Taxes are just a direct tax.
- 39:39Secondly, inflation. Inflation is a backdoor tax,
- 39:42like you said. But but the big, the big punch
- 39:46in the gut is like inflation's going crazy where wages are
- 39:48stagnant. So if you work a job, job, well,
- 39:52like how are you supposed to keep up?
- 39:54This is why the cost of living is out of control because wages
- 40:00can't keep up. It's the wages.
- 40:02That are the problem. Like how much has minimum wage
- 40:04increased since 2020? Maybe a couple dollars.
- 40:09I don't really keep track of it. Maybe a couple dollars, but like
- 40:11how much has inflation increased since 2020?
- 40:15Like almost double, almost double.
- 40:18It's madness. So This is why people are like,
- 40:21I can't keep up with paying groceries, like people working
- 40:24full time jobs, living in their cars, like because they're
- 40:28because they want you to be a slave.
- 40:30They want you to be a wage slave because then you're compliant
- 40:33and then they can do whatever they want.
- 40:34And then the next time another pandemic comes around, another
- 40:39cyber attack comes around, some crisis comes around, you're
- 40:43compliant, you listen, you fall in line.
- 40:45And then they can get to work on the back end on doing all the
- 40:48things that they need to do in order to put the pillars in
- 40:51place to further control you. And call me crazy, but that's
- 40:57the world. I don't call you crazy and I and
- 41:00I like to point out that like even the educational system in
- 41:05this country doesn't teach the educational system is doesn't
- 41:08teach anything about money at all right.
- 41:11Any any they'll teach you about algebra, geometry and you know
- 41:15all the but nothing about about money or how to accumulate
- 41:19wealth and what it actually does teach.
- 41:21OK, which I am dead to look I neither I nor I think I can say
- 41:26this for you are financial advisors.
- 41:28We're not giving financial, but I do have a degree in
- 41:31accounting. I did work for a BIG4.
- 41:33I understand how money works and what they teach people is to get
- 41:38in debt and, and, and that goes right into what you said, right?
- 41:41They teach get into student loan debt, get into, you know, all
- 41:45forms of debt is, is what we're basically taught the message
- 41:49that we get, get into car debt, get into all this debt.
- 41:51And, and I think what it creates is a, and you use the word like
- 41:56slavery. I think you use that word to me,
- 41:58it's debt slavery where people basically spend their whole life
- 42:02with a credit card balance and student loan balance and all
- 42:05this stuff and and they never get to it.
- 42:07I mean, look, I think that you've been very successful in
- 42:11in and I don't have any debt. I've been against debt.
- 42:14I hate debt. That's the advice that I would
- 42:16give people. Do your best to get out of debt
- 42:191st and then build, build, build, build, build.
- 42:23Because once you're out of debt, you're kind of you're no longer,
- 42:26you know, fighting gravity every day.
- 42:29You're not going to work to pay interest on on for for somebody
- 42:33else. And so on that note, I want to
- 42:35ask you two things, but does crypto, I'll ask you this first.
- 42:38Do you think crypto and it's original, the original ethos of
- 42:42crypto, does crypto give people a an opportunity to in some ways
- 42:48step outside that system? If that does that make sense
- 42:51What I'm asking, does crypto offer that?
- 42:54I mean on individual level or on a macro level.
- 43:01More on an on an individual level, like can somebody, you
- 43:05know, like gold and silver give people the chance to kind of
- 43:08remove themselves in the in the gold and silver community that
- 43:11will use the same be your own central bank, right?
- 43:14Like hold your own silver like you had or your own gold like
- 43:18you can you can be your own central bank.
- 43:20Does does does crypto give that opportunity?
- 43:24I'm. Just curious.
- 43:25I mean, we'll, we'll wait and see.
- 43:27I guess like you can say we we can speculate, yeah.
- 43:33And if we look at the historic return of it, it has, but I
- 43:36mean, like to say Satoshi Nakamoto comes out and it's
- 43:40Putin and then it goes to 0. Like we don't know what can
- 43:43happen next. So I would love for it to be
- 43:48that. I mean, really the, the design
- 43:51of Bitcoin though, is designed to be anti central bank because
- 43:56anti central bank like all dollars are actually debt.
- 43:59So it's designed to be the reverse.
- 44:03But when you start speculating, it's like speculation is
- 44:06dangerous. So but you have to, I mean, you
- 44:10have to take risks, you have to speculate, you have, you have to
- 44:13stack in different piles. And that's kind of what I talked
- 44:18about before where it's like I have three properties.
- 44:21I have physical metals, I have crypto, I have cash, I have
- 44:27GICSI have ETFs like stack assets in every direction.
- 44:35But the number one thing like, and we haven't touched on this,
- 44:38but the number one thing that everyone should be focusing on
- 44:43is their income. Everyone should be focusing on
- 44:47their income. Income is the food.
- 44:51You're like, there's this common saying in business like your
- 44:55business is a beast, your business is a monster and it
- 44:58eats money. And I learned that the hard way.
- 45:03Like I talked about this on my stream yesterday.
- 45:05I haven't really talked about this too much before, but I had
- 45:09a digital marketing agency, started it in 2018 and built
- 45:15pretty quickly. I mean slow, but quickly.
- 45:17By 2020 we had, you know, 20 local clients doing social media
- 45:22for them, ads for them and stuff like that.
- 45:24Then COVID came and it just all my clients shut their doors and
- 45:30I like pretty much lost my business overnight.
- 45:32So that that year, that year or two years there was like really
- 45:36tough for me and I, I racked up a bunch of business credit card
- 45:42debt basically because I had to float my business and it was, it
- 45:48was so hard to get out of it. Like we're like, it wasn't even
- 45:52like that. It wasn't even a small amount.
- 45:54It was like it fluctuated between like 20 and 50K, you
- 45:58know, and like I would have good months and I would just throw
- 46:01like all my money at it and it just like it was just this.
- 46:04It was just like. A more.
- 46:05Like it just ate. I just wanted more, you know
- 46:08what I mean? And it wasn't until like the
- 46:11start of 2025 when I finally like got out of that.
- 46:14And then I still got really aggressive.
- 46:17And it's just been like, like really aggressively stacking,
- 46:21building wealth at this point. And it's like so far away from
- 46:25that situation now. Thank, thank the Lord, but but
- 46:31the biggest driver of all of that was income.
- 46:35And this is what I mean when it's like the wages are not
- 46:39keeping up with inflation. The wages will not keep up with
- 46:43debt interest. Your wages alone if you work a
- 46:46job are not enough. You need cash flowing assets.
- 46:51You need multiple streams of money coming in like I couldn't
- 46:56count on one hand how many streams of money I have coming
- 46:59in now, probably not on two hands, you know, and that's how
- 47:04you have to think about it. Like if you have a job, that's
- 47:07fine, but like start a YouTube channel start like yield farming
- 47:12crypto or or staking your crypto start like do you need to figure
- 47:15out other ways? Because if you just rely on the
- 47:17one thing and then you get canned like you're screwed and
- 47:20your income is everything. It's you're literally, you can't
- 47:22feed the beast and you and everyone is a business too,
- 47:25right? Like I'm a business, you're a
- 47:27business. Oh yeah, watching the business
- 47:30in themselves. Like that's how you have to
- 47:32think about yourself. So like you, like you need to
- 47:35feed the beast, bro. And if you don't have income
- 47:37that can support it, you're, you're cooked.
- 47:39So that's the number one thing, man.
- 47:42You, you are I I, I agree with you 150% and I haven't said it
- 47:46for a long time, but every single person and we've got 600
- 47:50people with us right now live every single one of the 600 and
- 47:54four 606 whatever people out there, you are a business.
- 47:59What Victoria just said is absolutely true.
- 48:02Trust me, I'm an accountant. I work for a BIG4 accounting
- 48:05firm. One, that's one thing I can tell
- 48:07you for sure, and I'm not bragging, but every single
- 48:10person, whether you're a whether you're a musician or you're, or
- 48:14you're working on the assembly line at Ford Motor Company,
- 48:18you've got, you've got money coming in and you have money
- 48:21going out. You are the exact same thing on
- 48:23an individual level as a business.
- 48:25And what Dick said is true, right?
- 48:27I mean, if you spend more every month and you bring in, you are
- 48:31going to go into debt and then that debt will accrue interest
- 48:34and you will dig yourself into a hole that eventually you'll be
- 48:38like our government is in the United States, you won't be able
- 48:41to get out of. So, yeah, you've got to, you
- 48:45know, that income coming in until you, you know,
- 48:48hypothetically, and that doesn't happen for most people, but it
- 48:51does for some, Get to a point where you've generated so much
- 48:54income and made, you know, spent so much less than you bring in
- 48:58that you've got such a bundle of investments that are making
- 49:01money that you don't, you know, that is your income at that
- 49:04point. But Victoria, that's great
- 49:06advice that you just gave. And man, I hadn't thought about
- 49:09that and said it myself for probably a year and a but we are
- 49:13all businesses, every single person, even my, you know, a 14
- 49:17year old kid is a, is a business and you know, they're spending
- 49:21and you know, eventually they'll get to a point where they'll,
- 49:23they'll need to be making more than they spend.
- 49:25So thank. You for bringing that up and,
- 49:27and it, it, it, it's just, I had some that I want to drop there,
- 49:33but I lost it. But 100% you're, you're a
- 49:37business and your income is, is #1 and I mean, dude, you're not
- 49:44bragging either by saying you worked at a BIG4.
- 49:46Like that's just extreme. Well, that's just, that's just,
- 49:49that's respect. So.
- 49:50Yeah, yeah. No, I mean, you know, I I got, I
- 49:54have a little job that I've had for years at night.
- 49:56It's where I can walk to it. It's the best.
- 49:58I have the best job in the world.
- 49:59I love it. It's not really full time.
- 50:02It's a place. It's a little, it's a little
- 50:04music school, OK. And I just kind of hang out
- 50:07there. So I get to know all these
- 50:08musicians and a lot of them they're they're teachers, but
- 50:12they're basically running their own little businesses.
- 50:14They teach cello lessons. They do gigs on the weekend.
- 50:19I always say to them, I'm like you, you realize you're running
- 50:22a business, OK, Like, like, like I don't need to understand music
- 50:29and I'm not I'm not a musician. I think it's great.
- 50:31I love the people all that like I don't have to understand music
- 50:34though, to function, but they do need to understand money.
- 50:38And sometimes I see some of the decisions they make and I'm
- 50:41like, man, you guys, you know, that doesn't make sense for you
- 50:44to do that to drive, you know, 100 miles to go do a lesson that
- 50:49you're only going to make $40 off of.
- 50:51So anyway, aside, right? I mean, but they but maybe they
- 50:54do it because they they love it. And, you know, there's a whole
- 50:56argument you made, but now you're right.
- 50:58And but I think what it comes down to.
- 51:00And do you have 10 more minutes for me?
- 51:02Victoria, can you hang up? You know, what it comes down to
- 51:05is freedom, OK. And I think that if, if, if, if
- 51:09a person digs themselves into too big of a hole of debt, they
- 51:13never have that freedom. Like, I work that little job
- 51:16because I want to and because I really love it, OK.
- 51:18And I do what I do here in my basement and do what I do with
- 51:22UFD because I love it, right? I have that freedom.
- 51:26I'm not like, because I, I don't have any debt.
- 51:29And I think that's what it comes down to.
- 51:31Like if if people really want to be free, then it's not like you
- 51:36need a certain amount of money, but you need certain
- 51:38circumstances in place, if that makes sense.
- 51:44I think so. Debt, consumer debt, consumer
- 51:48debt, consumer debt is awful. You can use debt to make money.
- 51:54Like my properties are mortgaged, right?
- 51:57So I have tenants and I'm positive cash flow or I, I think
- 52:02I am, I'm, I'm around that point, but it's like I'm holding
- 52:05these forever. So eventually I'm going to be
- 52:07Max positive cash flow where I'll leverage them and keep
- 52:11building out. But you can use debt if you know
- 52:15what you're doing, but it's definitely a, a dangerous game
- 52:18if you don't know what you're doing.
- 52:20I just wanted to add that note, but one thing too, talking about
- 52:23investments, talking about you're a business and, and being
- 52:28in a place where you're not making enough money, some people
- 52:32will be like, OK, Ron Victoria, what do I invest in to make me
- 52:38money, to make me more money right now because I'm not making
- 52:42enough money. And the number one thing you can
- 52:46be investing in right now is your skills is, is your high
- 52:49income skills sales marketing content like product
- 52:58development, software development, AI, like learn
- 53:01these things. The Internet is the new
- 53:04marketplace. Like I've made millions of
- 53:07dollars on the Internet. Like not in real life.
- 53:11You know what I mean? Because I have these skills,
- 53:14sales, marketing, content, AI, right?
- 53:18Like you need to invest and like you can literally buy a course
- 53:22on udemy.com. udemy.com you for 10 bucks, literally $10 that
- 53:29could make you 100 grand. You can go and watch YouTube
- 53:33videos, make a ton of money for free, bro, for free.
- 53:37All you got to do is invest the time.
- 53:41Like you either invest money or you invest time.
- 53:43Rich people invest money so they don't have to invest time.
- 53:47Broke people you got to invest your time so you don't have to
- 53:49invest your money. Get your skills up bro, get your
- 53:52experience. It's so hard for me to keep my
- 53:54mouth shut, but you're, I agree with you 100%, Dick.
- 53:58Hey you, you hit the nail on the head.
- 54:01You know, when I would turn 52 years old, I was sitting on my
- 54:04couch and I was like, I want to do something with my life.
- 54:07You know, like I was going to either right off into the sunset
- 54:11or I want to do something. What you just said is absolutely
- 54:14true and I can vouch for it. I am living proof.
- 54:17I committed when I was 52 years old to start focusing on my
- 54:22YouTube channel. Make one piece of content today
- 54:25and to learn one thing a day and you don't even need to spend 10
- 54:29bucks. I almost interrupted.
- 54:30You said you're wrong, Victoria jokingly because there is there
- 54:34are more there, there is there. There is a world of free
- 54:38education, like you said, if you're willing to invest your
- 54:41time. And that's what I did for one
- 54:43year. I made one piece of content and
- 54:45I made myself find something right.
- 54:47I think like Alex Hormozi or Gary Firechuk or any slew of
- 54:52like all these videos that are out there about how to start a
- 54:55YouTube channel and how to make better videos and how to get
- 54:58better audio. And I mean, it's all there and
- 55:01it's all really for free essentially.
- 55:04But it takes, it takes, like you said, time and a commitment and
- 55:09it takes knowing that it's not always going to be fun, right?
- 55:12It takes hard work and, and it kind of leads me into my next.
- 55:16This is a great conversation because that was one of the key
- 55:19things I wanted to ask you. Like you've been very
- 55:21successful. You've got you've achieved, I
- 55:23think, and I think maybe I have to a certain degree of freedom.
- 55:27But what got you there? Are there any big lessons that
- 55:30you that you learned or any as you look back over the last,
- 55:33let's say five years and you've grown this business to where it
- 55:37is today? Are there any things that stand
- 55:38out for you? And if I'm if, if, if the viewer
- 55:41out there now, almost 700 of them are like what you know,
- 55:44what's the best advice that Victoria could give is anything
- 55:47that comes to mind in that. Regard.
- 55:49Yeah, yeah, like #1 any troubles, any hardships, you got
- 55:56to give that to God. Number one, That's like #1 bro.
- 56:00And you can't live with that. Like you're not strong enough,
- 56:05you're not smart enough. You can't navigate it by
- 56:07yourself. You got to give that to God
- 56:09First off. Then you got to decide what you
- 56:12want. Like, what's the one thing at
- 56:15the Top North Star that you want?
- 56:19For me, I've been telling myself for over a decade I'm going to
- 56:22be a billionaire, probably in my 50s, my 60s.
- 56:27But I will and. Can I, can I ask you one quick
- 56:30question and then I promise I'll shut up?
- 56:32Everybody's getting mad at me for interrupting you, but are
- 56:35you still going to drink out of that same black water bottle
- 56:38when you're a billionaire? Probably buy a new one there's
- 56:42honestly I probably need a new one right now but a bacteria
- 56:45build up most likely at this point so I should probably take
- 56:50some money and invest in a new water bottle but.
- 56:54I'll buy you one when you get to a billion.
- 56:56I won't say anything. I'm sorry, I interrupted.
- 56:58You do that. Bro, I'm getting, I'm getting
- 57:00eggs thrown at me from our audience here.
- 57:02I apologize. Go ahead.
- 57:05So #2 man, like I said, you need a North Star that like on your
- 57:12deathbed, if you hit it, you're going to be like, that's the
- 57:15thing that I wanted to hit when I when I was going to die.
- 57:18So I did it and I'm happy. Like I can die now.
- 57:20I'm peaceful, I'm good, right? For me, I want to live a life.
- 57:25I want to experience a lifestyle where money doesn't exist to me.
- 57:30Like they call it financial freedom.
- 57:33I think past like $100 million, you like, money isn't, isn't a
- 57:37thing. Like it's just like, yeah, I can
- 57:38buy anything I want. I can vouch for that.
- 57:42It happened for me somewhere around 78,000,000 Victoria.
- 57:49You're you're close enough you'll know when.
- 57:51You get there. Thanks for the insight.
- 57:55I'm joking, everybody, Please. Yeah.
- 57:59So yeah, that, that that's the second thing is like you need to
- 58:02know what what you're chasing and you got to like be patient
- 58:07and understand it's not just going to happen in a year or ten
- 58:09years even. Like it might be 20-30 years,
- 58:12but you got to keep working towards it.
- 58:14And then you got to understand then like, what are like the
- 58:17five steps in front of you, what's like a 10X from your
- 58:23current level? And then like make the 10X from
- 58:25your current level a goal and then go after that goal.
- 58:28And then once you get there, what's the 10X from that level?
- 58:30And go after that goal. So you have to like, like, First
- 58:34off #1 remove the stress from you.
- 58:37Put all, put the whole journey on to God and he'll take care of
- 58:40it #2 set your goal as high as you can possibly imagine.
- 58:46Literally just aim at the highest possible thing that your
- 58:49brain can think of that you actually want.
- 58:52Not you want because someone else said you wanted it, but
- 58:54like that you actually want. And then #3 break it down into
- 58:59reasonable 5 steps ahead. 10X of more from where you're at, 10X
- 59:03from where you're at, 10X from where you're at.
- 59:04And then when you hit that, move the goal posts.
- 59:07People say moving the goal posts is bad.
- 59:08No bro, you got to move the goal posts.
- 59:10That's how you get to the the thing.
- 59:12Of course you have to move the goal posts.
- 59:14If you're just going to sit at this goal, then like nice, you
- 59:16plateaued. You're never going to hit your,
- 59:18your N, your North Star, your big, your big thing and, and all
- 59:22of the details, all of the gaps, all of the what you learn this,
- 59:27this and that, it'll all just come together.
- 59:31It'll all just come together. You'll know you need to learn
- 59:33this in order to do that. You'll know you'll meet the
- 59:36right person to do this. Like that's part of where God
- 59:40comes into it. He's just going to introduce you
- 59:41to people. He's going to make it happen.
- 59:43And that's basically from my perspective how you do anything.
- 59:49Yeah. Well, and, and I and I can vouch
- 59:51for what you said, like on a spiritual level, I'm a very
- 59:55analytical person. I always have been, right.
- 59:57And, but, but there's that idea of paralysis by analysis.
- 1:00:02Like my natural instinct is to want to figure out each little
- 1:00:05step that's going to happen over the next two or three years.
- 1:00:08And what you said is absolutely true.
- 1:00:10You just got to start doing it right.
- 1:00:12You got to have that goal of where you want to be and then
- 1:00:16just take the actions and God, the universe.
- 1:00:19However, whatever way people want to look at it, provides the
- 1:00:23answer step by step. And it's never what you think
- 1:00:25it's going to be. A lot of times it's even better,
- 1:00:28right? It's even, it's even, it's even
- 1:00:30better. It works out.
- 1:00:31I want to share this because this is in my daily.
- 1:00:34I keep notes, I'll read it but I've just proof that I have
- 1:00:38this. Maybe everybody wants to
- 1:00:39screenshot it but I'll read what it says cuz it it relates to
- 1:00:42what you said. It says set big goals because
- 1:00:4699% of people set very mediocre goals.
- 1:00:50So the competition to reach those media mediocre goals is
- 1:00:55more intense. This is one of the paradoxes of
- 1:00:58life. It's actually sometimes easier
- 1:01:01to get to the big goals. Like everybody just has these
- 1:01:04little short goals, but there's very so there's a lot of
- 1:01:06competition, whereas the big goals, not many people shoot for
- 1:01:11being as successful as you've been at this point or maybe you
- 1:01:14know where where you're going to be going.
- 1:01:18So people think, oh, that's impossible to get there.
- 1:01:20But in some ways, you know, we can be like, I love this saying
- 1:01:25that you can basically tie up an elephant with a piece of yarn,
- 1:01:29right? Like we, we don't realize how
- 1:01:31powerful we are. We're like an elephant that's
- 1:01:34tethered with a piece of string or a piece of yarn. 100% yeah
- 1:01:40you need to. You need to aim for the what do
- 1:01:45they say? Aim for the moon and or aim for
- 1:01:48the stars and you'll reach the moon.
- 1:01:49You get the moon, baby. Yep, Yep, Yep.
- 1:01:53Victoria, thank you. I want to show for everybody out
- 1:01:56there who's joining us. If you want more crypto
- 1:01:59Victoria, which I know you do. I want to go out real quickly
- 1:02:02here, Victoria, and show your YouTube and Twitter profile.
- 1:02:06OK, This is Victoria's. Is that called Twitter profile?
- 1:02:10Is that correct, Victoria? I never know what to call
- 1:02:11account X account. This is crypto Victoria's X
- 1:02:14account. Go follow him.
- 1:02:17He puts out great content on X and, of course, let's pull up
- 1:02:22this make sure I got it. They should be seeing right now
- 1:02:24your YouTube channel, Crypto Victoria.
- 1:02:27Just go on to YouTube and search for crypto Vic 91,092 thousand
- 1:02:32subscribers. Man, that is awesome Victoria.
- 1:02:35You know, I guess I'll I guess I can't keep my mouth shut, so
- 1:02:39I'll hold on here. I'll say this as you were
- 1:02:42talking as well, in this like modern era that we're living in
- 1:02:47where I think it's really a gift, right?
- 1:02:48Like that, that like, I can sit in my basement, you can sit in
- 1:02:51your studio, we can talk to the world.
- 1:02:53Like 30 years ago, this technology did not exist.
- 1:02:57If you told me this when I was 25 years old, I would have
- 1:03:00thought you were crazy, right? Like, you know, I've got 6 light
- 1:03:03bulbs in a $25 webcam and we can talk to the world and we can
- 1:03:08provide value. You know, when you talked about
- 1:03:11that earlier, like that's value. I think that the 700 people who
- 1:03:15are with us right now are here because you provided some value.
- 1:03:19The 91,000 subscribers you have on YouTube and all your other
- 1:03:24social channels that have 250, three, 100 million views, you
- 1:03:28got that only because you provided value to people and
- 1:03:31like what a gift that is that we can do that.
- 1:03:34And, and I think that if, if, and I know this about you and
- 1:03:37correct me if I'm wrong, but and, and it's worked for me.
- 1:03:42It's like if I, if I focus on giving to people out there, and
- 1:03:47that means the 710 people who are joining us right now, giving
- 1:03:52what I can, giving value, giving secrets, right?
- 1:03:55Like I think sometimes people, they go, that's my secret.
- 1:03:57I can't that that like it so comes back to you and and like
- 1:04:01the success is just even that much more enjoyable. 100% man
- 1:04:06giving is a crucial part of being successful.
- 1:04:10It's been one of my honestly like one of the one of the
- 1:04:14craziest things that I've seen pay off immensely is giving
- 1:04:19value, helping people directly, giving money to people who need
- 1:04:25it, even just like buying a grocery card.
- 1:04:29Dude try this. This is like the best thing
- 1:04:31ever. Go to a grocery store, load up
- 1:04:33$200 on a grocery card, and then once you buy it just literally
- 1:04:37give it to the cashier. Just watch the reaction bro.
- 1:04:42I'm gonna follow you to the grocery store next time, Dick.
- 1:04:45Yeah, you're mine. Hey, hey, wait up.
- 1:04:47Hey. Nick, how you doing?
- 1:04:49Long time no. See you getting ready to check
- 1:04:50out? I'll be right behind you.
- 1:04:52Yeah. No, it's all that.
- 1:04:53It's all joking aside, that's awesome.
- 1:04:57That is, yeah. Honestly, bro, you, you gotta
- 1:04:59try. It's it's the best.
- 1:05:01Like they're they just they like I've had them cry.
- 1:05:05It's just, it's so funny, man. I love it.
- 1:05:07Yeah, yeah, there's nothing. There's nothing more.
- 1:05:11And I learned that early in my YouTube journey, right?
- 1:05:13I mean, I had some, I was really learning a lot and excited me
- 1:05:17like, and that's the other thing, like, hey guys, guess
- 1:05:20what? Learning new things, if it's
- 1:05:22something that you're interested in and it's a goal like like for
- 1:05:25me it was, I wanted to build a successful YouTube channel.
- 1:05:29It was fun, man. It was great.
- 1:05:31Like learning these like, oh, I had no idea that for 15 bucks I
- 1:05:35could buy a microphone and my audio would sound 100% better.
- 1:05:39And I remember the first day I used it, I'm like, this is cool.
- 1:05:42You know, this is fun. And you know, maybe one day I'll
- 1:05:44get rid of my 6 light bulbs. But there, I mean, it's, it's a
- 1:05:48lot of fun. But the giving away.
- 1:05:50And then like the other people that were also on that journey,
- 1:05:54after I was there for a year or two years that would contact me
- 1:05:58and we're starting channels and I'd be like, it was so much fun
- 1:06:02for me to give to them. What maybe even in honestly, ten
- 1:06:07years ago, I thought, those are my secrets.
- 1:06:09I don't want to give that away. Just give it away and and then
- 1:06:13see how it just like comes back. I mean, it's, it really is true.
- 1:06:17It's crazy, but it's, you know, it feels good and it feels good.
- 1:06:20Don't you want to like, don't you want to remember this stuff
- 1:06:22too? Because like, yeah, it's your
- 1:06:24secrets now, but in like 2 years you're just going to forget it
- 1:06:27all at least like put it down. And then like, like there's some
- 1:06:31things in my older videos where I watch my older videos and I'm
- 1:06:33like, I completely forgot all this stuff.
- 1:06:37Like I did not remember this stuff.
- 1:06:38Like how did I even, where did I even get like, where did I even
- 1:06:41come up with this? What?
- 1:06:42Like, you know what I mean? It's so funny looking back
- 1:06:45sometimes and you're like, damn, that's smart, bro.
- 1:06:48Like who is this guy? Oh yeah, it's me.
- 1:06:50Literally I I don't. Remember, I know you know what
- 1:06:52that's a great point. I know exactly what you're
- 1:06:54saying and you know anyone who comes into the basement, it
- 1:06:58looks like a disaster behind me, but you should see in front of
- 1:07:01me. There are literally probably 50
- 1:07:04notes that I have to myself, right?
- 1:07:07Like things to do and make sure you smile, right?
- 1:07:09That's important smile. And I mean, just stuff like
- 1:07:12that, that, that you forget right?
- 1:07:15And then And but by giving away and by teaching people, it helps
- 1:07:18me remember and, you know, comes back.
- 1:07:21All right, Victoria, thanks, buddy.
- 1:07:23I can't wait to have you back on or meet to get the chat.
- 1:07:26You, you, you are, you are awesome.
- 1:07:29There's a reason why you're so successful.
- 1:07:31And on behalf of the whole Internet community, the 750
- 1:07:35people who are joining us right now, you've given us some great
- 1:07:39value. So thanks man.
- 1:07:41Hey, man, I know I, I appreciate it, Ron, thank you so much.
- 1:07:44One last, one last note really quick.
- 1:07:46Oh yeah. I saw her Mosey tweet yesterday
- 1:07:49and he said, he said one day the sun is going to expand and
- 1:07:54absorb the earth and it'll destroy all of your
- 1:07:57accomplishments and everyone and everything that's ever happened.
- 1:08:00But you're afraid to post content because your friends are
- 1:08:03going to make fun of you. That was one of the.
- 1:08:07That was one of the the if if you, if you look back at my
- 1:08:11early videos and some people in the UFD community like to go
- 1:08:14back like 6-7 years. I made videos never seriously
- 1:08:17until I hit 52. And I remember I would make
- 1:08:21these videos and and in my mind, like every ex-girlfriend that I
- 1:08:25had and and whatever was going to watch these videos.
- 1:08:28And the reality is nobody cared, right?
- 1:08:31Nobody cares. Nobody ever made fun of me for
- 1:08:33videos that I made that. That now it's like, now it's
- 1:08:36like, yeah, I hope they see. Yeah, look at.
- 1:08:39Me. Look at me.
- 1:08:41I'm a big shot in my basement. You wish you were still with me?
- 1:08:48Yeah. Yeah, exactly.
- 1:08:53That's funny a little bit. One of one of my notes says I I
- 1:08:58need to always ask my guest, is there anything I forgot to ask
- 1:09:02you any, any final words? I you kind of gave us some
- 1:09:04final, but that was powerful. I I love Alex Hermosi, right, by
- 1:09:08the way, Right. Yeah.
- 1:09:10I mean, you know, I want, Yeah. I mean, like, and, and Gary
- 1:09:13Vinerchuk. Vinerchuk.
- 1:09:16Yeah. I mean, I'm reading one of his
- 1:09:17books, you know, it's like, it's like these people are giving
- 1:09:23with all their information. It's incredible.
- 1:09:25So yeah. Exactly.
- 1:09:27Exactly. Yeah, man.
- 1:09:29All right, Ronnie, Thank you. Man, don't forget to drink
- 1:09:32water. Victoria, OK.
- 1:09:33Definitely will not. All right, brother.
- 1:09:35See you soon. Thank you.
- 1:09:36Yeah. Yeah.
- 1:09:37Bye, bye, bye.