At the end of the day, I think
close to the picture, and they
owning as much bitcoin as
Bitcoin is actually the means
And the end that we're trying
outcomes that we want to
And so if someone is, you
married, you know, three young
can go to christian school,
a family vacation twice a year
or whatever to make those
And, you know, they have these
impact the fulfillment of
That's what we're trying to achieve.
It's not just own as much
Welcome to the Business
to helping you enrich your
bitcoin, the hardest money on
I'm your host, Josh Friedman,
of strong wealth.
We're going to be talking
is not a sufficient financial
that Mitch thinks bitcoin will
financial industry.
We're going to get to our
this.
Mitch, welcome to the show.
Excited to be here, Josh.
I think we're going to have a
Absolutely.
So I like to start off every
that help us to get to know
us some insight for our own lives.
So you ready for these?
Yep.
Question number one is this,
about bitcoin?
Yeah, so it came up at a few
Initially was actually 2017.
I was in college at the time,
room was talking about it.
He was talking about how the
he was thinking about buying
got from his parents or
And at the time, I was working
finance.
So you think I may have, you
than I was, but with my own
any to invest, so I kind of
And, you know, we all probably
earlier than we actually did,
an interesting story, uh, that
this is, uh, prvious to
You know, my business now, I
I was taking a lot of investor
This was from, like, uh, start
in 2021.
Um, and it was during the
market crash in history.
You know, we were hitting
Um, there was like 3000 calls
People were waiting hours just
know what was going on.
And there were a lot of trades
getting filled correctly for.
And so they're calling in
And so it had been a super
I was taking 10 hours of calls
was late at night, things were
And I got a guy call in, and
questions.
I can't even remember exactly
But then he started to talk to
strategy and how buying gold
some in his house was actually
or maybe protection strategy,
And I had gotten a couple of
And so I started just to
was saying.
Sometimes you can kind of tune
while.
They love talking to the
And then he stops and he says,
Who knows why?
But he said, you seem like a
Did you know that the Federal
the government at all?
It's actually a private institution.
And at that moment, I just, I
had failed me.
You know, I studied finance.
I was.
I thought I knew more than the
But he said that to me, and I
And I never.
That has never been said to me before.
So I was like, uh, no, I
And he goes on to tell me a
And he said, well, there's a
And he recommends the creature
You've probably heard of it.
And that conversation sat with me.
I didn't necessarily take
Cause he didn't explain to me
That's just all he said, and
And so that was really the
hidden truths of our financial
to bitcoin.
And then from there, bitcoin
I'm going to start this
and I know that I need to
able to guide our clients well.
And so I start listening to
the podcasts I can find, and
And I wouldn't say it fully
and the problem that bitcoin
and followed through on that
of Jekyll island.
At that point, the light bulb
then on.
It's really cool.
I mean, first of all, I'm a
service has always been excellent.
The people that you're talking
great.
So appreciate you for being
cool to think that someone
end, talking to customer
the customers themselves can
when it comes to helping
what money isn't.
So as a very interesting
to other people as they're
online in the future.
Yeah, for sure.
Yeah.
The common greeting of that
what the is going on with my account?
You can fill in the blank.
Yeah.
So question number two is,
that you wish everyone understood?
I wouldn't say it's about
It's actually about our
the theft, corruption, and
financial system allows to happen.
Like I said, for my own
until I read the fiat standard
that things really clicked for
root problem and the
So that's really what I wish
bitcoin would come so easy to
Question number three, what's
to other people?
Yeah, to non bitcoiners, I
The fiat standard because of
But to bitcoiners, which is a
the last six months or so, I
for bitcoin, kind of showing
and the economic kind of
Bible.
It's interesting, for sure.
Question number four.
Beyond bitcoin, what's a
helpful to you or your work recently?
I thought about this for a
was coming.
And, you know, I don't want
but really, the best idea or
has been my faith, my faith in Jesus.
And so, you know, honestly,
business has been slow.
I've had some personal life
it's been a tougher time, I
Uh, but, you know, really
gives me peace.
Just knowing that it's all
future is I just have to
The lessons that I need to
So that's, uh, I would say my
in time in my life.
So, question number five.
We call it our arbitrary but
As a general life principle,
Yeah, this one didn't take me
Why not?
Was an easy answer for me.
And I'll tell you why.
Because when I started this
around taking that leap.
You know, quitting my job,
There's a lot of stress,
that.
Come with that.
But whenever I'm considering
one frame that I like to look
worst case scenario?
And oftentimes, I find that
as bad as we think until we
And in that specific scenario,
in business, I can just get
You know, they're hiring
love to have somebody like me.
So my real worst case scenario
back to my current life
that case.
So, for me, it's why nothing.
Because the fear of the
our minds than it actually
Well, Mitch, we're here today
wealth.
You've already talked about it
If you could share with us
strong wealth and maybe who in
We are really the wealth
And, you know, we have worked
bitcoin, all the way to
bitcoin, and that's 100% of
So it's a transition that,
last three to six months of
Previously, we had worked with
a lot of value there.
But we realized that we have
knowledge and believe that
general.
This is the direction that the
If bitcoin plays out like we
And so, and, yeah, so now, you
of traditional financial
things that come with that
to really give bitcoiners who
this area, you know, up to
out there that do things
But in large part, what we
to maybe my current financial
it all and it's 60% of my net worth.
I'm like, why would I ever do that?
Or they tell me I'm wrong, or
in their analysis or whatever
And so bitcoin has really run
I believe in it, and, you
find somebody to help me
planning areas of my life.
So I want to ask more about
of how bitcoin starts to
But first of all, I think
new business owner, just over
owners might get a lot of
your process of figuring out
marketing content on your website.
Because one thing is, when I
one of the first things that I
this with you already, is your
I'd just be interested to hear
developing who you're reaching
strategy looks like as a new business.
Yeah, that's a great question.
So we did, I started strong
actually, it would be three
That's pretty crazy.
Wow, congrats.
I appreciate it.
But, yeah.
So finding my target market,
block, I would say.
But the main question that I
then even asked myself when we
switch to only working with
else was, who are we uniquely
Like, that is the primary question.
And previous to, you know,
season of business, I should say.
My answer to that was young
I'm a young business owner.
You know, I know the financial
through the business related
I can relate to everything
that they need, what, what,
And I believe that I'm
people.
And, you know, being able to
you know, outside of finance
clients.
And I was able to build up a,
business that way, you know,
about a year ago, and he was a
Time.
And so he's brought me even
you will.
But, yeah, when we decided to
market is a bitcoiner who's married.
It could be a business owner,
He's got a few kids and he
generous or he was an early
and wants to pass that on to
You know, when we're thinking
positioned to serve that
experience that we have in this.
And honestly, not many others
So that's the primary question
a newer business owner is.
Is that.
And then, you know, it may
So someone listening right now
fit?
Like I guess.
How would you define bitcoiner?
Like who.
Who's a bitcoiner?
Who's not?
Is it just anyone who's opened
plan?
Or are you looking for someone
intent with whatever bitcoin
to have in the future?
That's a great question, one
our ideal client.
And so we defined it as
that if bitcoin were to become
to zero, their financial
So they have enough skin in
a meaningful portion of their
And because of that, we really
large bitcoin allocation.
So it's not somebody who is
If someone comes in and
and see where they are.
But really, we want someone
go straight down into the
that surrounds that large
has the potential to become
the future.
So then maybe we can get to
planning go together, if
And that clarifying point
actually have enough to wherever.
If bitcoin goes to zero, which
will happen, but if something
tanks, then their lives would
In that case, what types of
with?
So that if bitcoin were to
be in that tight spot?
Yeah, absolutely.
If bitcoin were to
we work with people who have
bitcoin, all the way to 100%
And we're okay with anywhere
we're not going to convince
And so really what we're
has 80, 9100 percent of their
make sure that they first
making.
You know, here are the
that could happen, the various
If they do play out, are you
You know, we have to make sure
understand the decision that
Because at the end of the day,
are really too close to the
and realize that owning as
end goal.
Bitcoin is actually the means
It's not the end in and of itself.
The end that we're trying to
that we want to achieve for
And so if someone is, you
married again, three kids, you
to put them through, you know,
to christian school, and they,
twice a year and maybe buy a
to make.
Make those memories and retire early.
And, you know, they have these
impact the fulfillment of
That's what we're trying to achieve.
It's not just own as much
And so maybe that is 100%
it's not for others, and we
So really just making them
could happen in the future is
And if bitcoin does happen to
think it's going to, and you
And probably no one listening
that anything is possible.
Um, you know, a lot of things
four years that even kind of
in and of itself, and why it's necessary.
We wouldn't have thought, you
So that foundational
to start with, with anybody
sure that they are prepared
Just mentally, you know, uh,
Way, one of the things that
that your family is prepared
to you.
So what would be some of those things?
Maybe just high level things
when it comes to making sure
family would know how to
a fulfilled life, at least
gone.
Yeah, absolutely.
I think the estate planning
value ads of our service that
at this point in time.
It's a big part of traditional
I don't think, fully
to throw everything out of the
hold, and that's all I need to do.
So, yeah, there's really two
about.
When you want to pass bitcoin
your kids, grandkids or maybe
it goes to your wife, you need
possession of that bitcoin.
You know, so, you know, by
And then you also have to be
possession of that bitcoin.
You know, obviously, we can't,
in our hands, but making sure
So, you know, when it comes to
that a lot of bitcoiners don't
trust in place of any kind,
probate.
And what that means is it's
court is going to say they're
the bitcoin goes to, and
the world.
How much bitcoin you own and
a true bitcoiner, I don't
Um, you know, privacy is
bitcoiners and something that,
with our service.
And so making sure that we
in place to legally, you know,
avoid estate taxes in some, in
And then when we look at just
it.
Okay, first we need to
you know, that will be secure
for the people who need to get
And so, you know, there are
custody setups.
You know, if somebody has a
already kind of earmarking it
we'll probably look at, you
structure, getting it out of
But then the custody set up
bringing in a third party institution.
You know, a lot of bitcoiners
But then, you know, we can
for the, for the grandkids,
2030 years from now.
And that can be facilitated
It's really different for
to make sure that you have the
make sure the assets pass
and avoid tax.
And then we also need to make
up in place that is both going
Maintain your privacy if that.
If that is, you know, very
third parties if we want to,
or our spouse on what bitcoin
to be able to access it and
manage it, well, because if
you've spent your whole life
sats, and they don't get it,
sold right away and they're
even invest in something else
it.
So at a high level, that's
to think about when passing
So we've been talking about
of said people would have
net worth savings investments
But let's turn briefly to just
How do you see bitcoin
planning in the future?
As I'm listening to podcasts,
of looked down on, or there's
about it.
But how do you see things
Oh, yeah.
We could go many different
I'll speak to something that I
make financial advisors obsolete.
We won't need to be
standard, and I would agree
the financial industry obsolete.
But financial planners
ever be completely eliminated
financial planning down to
our money to the outcomes that
Traditional financial advisors
investing in a few index funds
do.
Yeah, they won't survive into
is not forced to be an
and build their wealth that
then, yeah, they won't need
is comprehensively looking at
cash flow planning for goals,
helping a family think through
moving pieces.
I don't think we're ever going
If we are, then it'll be a
So all that to say, if we go
it will eliminate a large,
But I think myself and the
a one that will stick around
So on a bitcoin standard that
think are the first things to
Well, I think, like I said, I
on investments and managing
you know, industries to go.
Just because of what I
Right now, because of our
to be a professional investor
already expected to be a
And so that's what makes us,
big and bloated, I would say,
have derivatives and debt
It gets so complex, insane.
And so there's a large part of
cut off, I guess.
But yeah, I would say the
that they will be one of the
to a bitcoin standard tomorrow.
So you've mentioned the
times already and talked about
and how there are downstream
Could you talk a little bit
you've seen?
I'm guessing a lot of people
bitcoiners and might already
But I think it'd still be
thoughts kind of expanding on
a bit earlier.
Yeah, absolutely.
I mean, one, one thing that is
and so fiat food.
I don't know, I haven't read
but in the fiat standard, he
We could talk about education.
We can go into the others, but
With the inflationary system
focused on profits and profit margins.
They are looking to cut costs
is advancing over time and
a cheaper and cheaper cost.
Our cost at the grocery store
lowering the quality of the
consistently buying at the
to keep their costs as low as
as high as possible, because
street, is making sure that
per share is always going up.
The misaligned incentive there
go into the dirt, I guess, and
physically.
And again, our financial
than anyone else.
Oppresses maybe would be the
And so because of their costs
getting financially squeezed,
cheap garbage food that is
You know, it's.
It's just kind of this
you know, really starts to
industries.
But that's specifically what I
important.
One important area to me.
So another thing you've talked
faith.
I'd love for you to talk a
foundational for you and some
for a good life that is not
focus on more money, but kind
about where it's like a full,
Yeah, absolutely.
So, yeah, I mean, my faith is
that I do and everything that
I mean, Jacob and I are the
point.
And, you know, that's very
And so we're always thinking
our love for Jesus and how we
become clients of ours.
And so one, you know, one idea
him within the business and
we are ultimately working for
And so let's approach
You know, let's show everyone
because we're doing it not for them.
We're doing it for, you know,
And so that permeates, really,
So faith is a big one outside
Also, I mentioned my physical health.
You know, I exercise
doing all those things.
You know, every area of my life.
I want it to be fruitful and
much money as possible or, you
I think a lot of bitcoiners
bitcoin their top priority or
thing in their life that
And at that point, bitcoin has
And so, yeah, keeping,
is important.
And I would say, yeah, my
are really the three things
outside of money, to make sure
that honors God.
Yeah.
And I would say, you know,
in a way that we encourage
Most of our clients are
by any means.
And so we definitely encourage
as well, because of belief
hearts, and God loves a
So, um, that's one way that
that I don't think a lot of
I appreciate you sharing all that.
Mitch.
Uh, what are some final
We've already talked about a
you might want to share, as
out more about you and strong wealth.
Yeah, absolutely.
I think the final thing I'll
is, is not a financial plan.
You know, I know I've said
and, and, uh, you know, I
on social media.
But it's important for
that there are a lot of other
can be optimized that actually
preserve, you know, secure their.
Their bitcoin stack if that's
translate the bitcoin wealth
real life change for, you
their grandparents, kids, you
a tremendous impact because
And so getting everything in
something that should take
We have the opportunity to
greatest asset ever discovered.
So let's take it seriously.
Let's look at all the areas
you know, in our, in our finances.
So, yeah, that, that's the
with.
But, you know, they, if they
can go to strongwealth.net,
that we offer and what we do
I'm on Twitter and I still
I'll never stop calling it
But I'm on Twitter and
Great.
Well, Mitch, thank you so much
It's been a pleasure.
Thanks, Josh.
Appreciate it.
Well, friends, it's a wrap.
Thanks so much for listening
show.
If you want to reach out to
those links down in the show
dot, as always, keep building,
keep living and leading.
Well, thanks to those who have
in the last week, including
bowtied groundhog, Joseph the
Black Lotus sent a note with
with Charlie Stevens and said,
If you would like to support
and stream sats as you listen
And if you include a note with
it on the show.