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That's all we cook with, Ryan. Fire.

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What else is there to cook with, folks? Welcome to another episode of To The Unknown Pod, episode 22.

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Can you believe it? Our first episode beyond the mythical, magical 21 that Bitcoiners are obsessed with.

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We are glad to have you here. My name is Jordan Bush. I'm the executive director of TGFB Media,

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which exists to help Christians understand and use Bitcoin for the glory of God and the good of people everywhere.

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I'm Oshawa Hawthorne, director of Brilliance Labs, Christian Social Innovation Lab.

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We help start things.

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We like working with Bitcoin.

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I'm Ryan Finley, entrepreneur, dad of six.

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Yeah, big Bitcoin fan.

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And I'm representing Tinchak Bakery.

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We miss you, Matt.

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Matt won't be joining us today.

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Matt's got cooler things to do.

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So for those of you who this is your first time, we just want to let you know, what in

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the world are you getting yourself into?

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Well, every week we spend time on Twitter and we basically want to redeem that time.

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We want to use it and take just the highlights, the cream that rises to the top.

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We want to take those things and bring them here and chat about them with people who love the Lord,

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who are experts in their field, and we just want to kind of chew over them.

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And yeah, just talk about them and about things that we think would benefit you guys at home,

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depending on what your situation is.

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So we're going to get off and running this week.

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Are we supposed to be experts in our field?

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If you're looking for experts, this is probably not the show.

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Do you want me to?

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Are you fishing for compliments?

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Because Asha was literally the leader of the people in the missions world.

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So, yes, you are an expert.

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No, no, you're getting people's expectations.

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R.E.R. is an expert in raising functional children who are actually productive.

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Let's see, what else?

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Matt's an expert at avoiding being on podcasts.

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Let's see, what else?

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So anyhow, this week, this episode, we're going to be focusing on basically a problem

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that I'm sure many of you have either heard about or are experiencing, depending on where

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you find yourself in the generational ladder here.

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But basically, this issue of Gen Z and homeownership and or just, you know, even younger millennials in homeownership, we're basically at a point where, yeah, just it's very difficult.

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There's lots of people who can't do not own homes and don't have what appears to be a path to homeownership, you know, in the foreseeable future.

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And so, Ash, why don't you kind of just outline some of the reasons why we find ourselves in that problem, in that situation, and then we can kind of talk about what we think Bitcoin has to do with the solution.

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But maybe just kind of outline that and do your best steel manning that as an actual problem.

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Wow.

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Well, you have a few different issues.

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So real estate has been used as kind of the middle class path to wealth.

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And it's easy to leverage.

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It's easy to capitalize upon.

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So you can do your home equity line of credit.

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You could cash out, refinance, and start a business.

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You can refinance and get another house and kind of build from there.

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House prices have gone up over time.

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but there's something called a monetary premium and it's just this idea that the house has a

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utility it provides you uh important value that you need to raise a family but also it is an

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investable asset and so you have folks and this happened during the the covid period where you

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have these unrealistically low interest rates and then a whole ton of money printing and you had

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groups like BlackRock buying up a bunch of single family homes. And so you had all these buyers,

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you had all this relocation. So people going, working remotely during COVID. And then all of

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a sudden they can live anywhere they want because they're allowed to work from their computer.

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And so you had people fleeing the cities and going to high desirability kind of places.

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and that just led to a huge increase of real estate prices.

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And then you have kind of the bottom following out

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where the interest rates have gone up to combat inflation,

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but the real estate prices are sticky, right?

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They're not just going to crash naturally

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apart from some big disruptor in the market.

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And so you've had elevated prices in houses from the COVID rush, but now you've raised the interest rate. So you have affordability, interest rate plus the price. So your monthly payment is the worst that it's literally ever been.

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um and so the older generation saying hey suck it up young ones like we we had 12 interest rate in

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the 70s like yeah you could buy a house for the price of a of a an old a 20 year old toyota corolla

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like so it's not it's not apples to apples it's entirely different to have these these um

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historically average rates with historically absolutely like irrationally high prices.

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So there you go. There's a good summary of the issue. Let's further complicate this and further

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kind of explain why this has gotten so bad. One of the other exacerbating features that you have

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is the fact that we now have so much debt. Like if you're a young person and you're graduating

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in high school and you're going into college, the vast majority of them are going to be taking out

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loans for college because college, due to also getting the same sort of influx of capital due to

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governments throwing grants at students and basically giving them free money,

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all it's done is just increase the price of college. And so in order to then adapt and pay

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for that elevated price of college, people take out loans, which as we've mentioned in the past,

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are incredibly the only type of debt that you can't declare bankruptcy on are student loans,

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which is just horribly insane and unjust if you think about it for longer than 30 seconds.

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So that's another thing is it's not just that we have record home prices. It's also that you

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of record home prices and record runaway student debt. You also have runaway debasement of the

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degrees that you're actually getting with your college education. The education has never been

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worse in terms of the actual end product. You can find high school exams from 100 years ago

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that, I mean, would be like PhD exams today when you compare them to the quality of education. And

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so, I mean, obviously this is not absolute at the highest ranges of education, the highest,

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you know, echelon, you're going to still find super rigorous education. But in many places,

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you know, what you're paying for does not in any way correspond with what you're actually getting,

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especially outside of fields like engineering and medical, whether you're a doctor, a nurse,

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whatever it is. If you're in those, you can still make decent money. There still are other

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consequences that can put pressure on you. But for the average person who's just getting-

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10 years of school and-

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Yeah, yeah.

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$500,000 of debt.

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Correct. So you're still in a difficult place, but there still are mechanisms for you to

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make that valuable. You'll have hospitals that will volunteer, you know, not volunteer, but

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hospitals that will pay off your debt. Basically, they'll say, hey, work for us for this 90 years

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and we'll pay off your debt. And you're like, okay, great. So there's not those same kind of

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debt relief mechanisms that exist in many other fields. And so this, all of these things are a

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bunch of these factors put together. Anybody else want to add any other factors that are contributing

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to this yeah the the zero interest rate policy that was going on uh so you had during covid you

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had people that were still getting 2.75 you know to whatever maybe three three and a half percent

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mortgages or they were refinancing their mortgages at a time when inflation was like eight or nine

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percent so it was literally you know uh the simplest decision in the entire world for millions

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and millions of homeowners to refinance their house during that time.

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And now it effectively froze millions of people in place.

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Because if you sell your house, you lose your low interest rate mortgage

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and your housing payment will double if you want to move across the street.

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So people aren't moving.

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And the effect that that has is it prevents a housing correction from picking up steam.

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Like we're starting to go through a housing correction right now.

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But if you had the normal number of people just moving, like those houses would have to sell.

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And when they went on the market, it would just add more supply.

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And supply is still picking up right now.

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So it's starting.

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But yeah, that actually was incredibly effective of the Fed.

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They're a little sneaky in a sense that they froze everyone in place, basically.

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Or they rugged them, in a sense.

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Um, so right now the houses that are going on the market, a lot of them are like the baby boomers that are moving into retirement homes and they're price insensitive.

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So they just, uh, you know, they're going into a high monthly payment, uh, assisted living center and they just sell their house at whatever the market will pay.

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Yeah.

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Um, and that's picking up.

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Um, yeah.

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And there's, there's some other issues.

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So again, you, so Asha, we talked about the monetary premium.

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there's this added value that has nothing to do with the value of the house itself

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that is added to the price of a house. So that makes it, you know, raises the value,

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which again, if you're a homeowner, you might think, oh, that's good news for me. My house

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goes up in value. But the problem is that even for you, like a lot of these, you know, a lot of

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these houses as investments in this monetary premium, you're banking on being able to sell

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your home for more than you paid for it. This is part of the understood agreement. The problem with

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that is, again, interest rates freeze that. But another problem is, okay, so even if interest

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rates are high, you get to the point where you're depending on selling this house or downsizing or

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whatever, and you have to sell. Let's say you live in the North, you're getting ready to retire,

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prices aren't where you wish they were, but you're kind of forced into doing it.

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And you're going to, so you sell your house. Well, if normal economic actors, like normal people,

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if prices are so elevated relative to the amount of earnings that they're getting

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that they're not able to buy, you would assume, well, this would drive some price corrections.

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But unfortunately, there are plenty of other actors who aren't anywhere near as affected by

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real economic calculation as normal people are. And those would namely be larger corporations,

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larger companies, international interests. So as bad as things appear and have been recently

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in the United States, it's a hundred times worse for many other countries around the world.

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And so many other people who don't have ready access to the dollar, you know, who either they

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have horrible national currencies in the country where they're at, and maybe they don't have ready

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access to the dollar, they are still buying up real estate in the United States as well, because

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it's a way better option than they have in their own countries. They're banking on the fact that

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the American economy is strong. Americans are wealthy. Americans can continue to prop up

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this game of musical chairs longer and longer. And so that has just added more pressure. I was

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just reading an article about this yesterday, which is why it comes to mind. But this is adding

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more pressure onto an already stressed real estate situation. And so things are to the point

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though, in terms of the correction that we talked about, there's an article that there was a chart

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and an article that was written yesterday that basically said, there's a podcast called,

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oh, it's going to kill me. It's on the ringer. It's this guy, Derek Thompson. I can't think of

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what it's called, but really interesting podcast. This guy basically said, hey, so right now,

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home prices are increasing in the Midwest and in the Northeast of the United States.

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they're going down broadly speaking in the in the south and if they're in florida the bottom is

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absolutely falling out of the real estate market and and so again this is there's a whole host of

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reasons for that even there's there's reasons uh for instance one of the things is um that the cost

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of of insurance home insurance and you know other forms of insurance because of a recent spate of

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hurricanes on top of inflation. It's just getting really, really expensive. You can no longer

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fix homes. If there's some sort of problem, you can no longer fix them for the prices

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that these insurance contracts were denominated in. So you're just getting to the point where,

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and plus these houses are getting older, and there's a whole bunch of factors that are resulting

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in people, not a lot of people wanting to move to Florida or at least buy the available homes for

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the prices that they're at. And so there's a whole host of reasons, but this is a real problem.

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And unless you guys want to add anything else in terms of the problem, the question is,

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you know, if you're a younger millennial, if you're a, is there somebody between the

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Zoomers and the young millennials? No. Okay. If you're a young person. Sorry, Generation X.

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Gen X.

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Gen X are older than millennials.

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Yeah.

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Yeah.

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The point is, if you're a young person and you're sitting here, you're looking around

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and you're like, what in the world am I supposed to do?

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Am I ever going to be able to own a home?

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You know, what we want to do with this episode is rather than our, what are, you know, occasional

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we've been, you know, maybe some like a little bit doomer-ish and some of those episodes.

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What's going on here?

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We don't want you to black pill.

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We don't think there's, there's warrant for that.

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But what we want to do is just like, hey, what, how, what, what kind of path is there

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towards homeownership? What kind of path is there to actually being in a position,

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putting yourself in a position insofar as it depends on you, to be able to actually own a home

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and do something about this? And so that's kind of what this episode is going to be aimed at. So

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I let one of you two kind of start this wherever you want to start in kind of unpacking where you would begin Maybe kind of give a brief overview of your situations individually and then kind of how you thought about these things

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You want to go first, Ryan?

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Sure.

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Jordan, you want to pull up that Nick Gurley or Garley?

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You know what, Ryan?

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Actually, I do.

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Let me pull that up first.

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I do want to pull it up.

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All right, here we go. Nick, boom. There we go.

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Can you see that?

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Awesome. Yep. Yeah. So I'll just go through it. Home prices in the U.S. are 16.5% overvalued in

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2025. This is the higher level of overvaluation than we saw at the height of the 2006 bubble.

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After that last bubble, prices became undervalued in the period from 2008 to 2019 was a great time

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to buy a house. However, today's market has become too expensive with home prices outpacing wage

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growth. The result is an overvalued and unaffordable market. This is the main reason why homebuyer

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demand is so low in 2025. Fix the overvaluation, fix the homebuyer demand problem. So yeah, I think

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it's really wise to, whenever you're analyzing a current problem, remember that it's nothing

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this is we're not experiencing these things for the first time like this has happened before

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as the chart shows you know we had a housing crash in 2008 um and houses were yeah houses

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were unaffordable and overvalued back then i remember because my wife and i were trying to

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get into our first house back then leading up to it and i just remember like man dude like this is

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this is insane i don't understand how my peers were able to get into houses at this point because

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they were just compared to like wages back then it was very i mean it's worse now but even but even

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back then it was just like dude how and and we've you know come to find out that there was lots of

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shenanigans going on like you could just lie on your mortgage application as long as you had a

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pulse you could get insane financing uh they were just trying to pump that pump that bubble to the

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to the outer space um things are different like and that's what when you talk to people now like

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oh it's not the same you know they're way more strict than they are uh but houses are still

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very overvalued today um i think the second did he the second part of that tweet yeah uh

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sharing right now the nick early yeah yeah yeah let's go back to it i just want to point out

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something else if you scroll down oh yeah there it is so uh if you go down to number two um

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yeah the median household in the u.s runs around 83 000 uh the annual mortgage payments to buy a

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house 33 000 with the resulting payment income ratio closer to 40 that's simply too expensive

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um i think the let's see where does he talk about it um just second chart here yeah i actually i

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think it's another one of the things anyways uh one another interesting point that nick makes is

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that um right well like if trump just forces out powell and we get uh interest rates to plummet

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he basically points out that even if you drop interest rates an entire percentage point or

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100 basis points, you only save about $200 on the monthly payment. And so for perspective,

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somebody who is trying to buy a house in like 2020 versus today, their mortgage payment is

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basically, it would be double what it would have been in 2020. So shaving off 200 bucks off that,

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that's not going to move the needle at all. So anyone getting their hopes up that these huge

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crash and interest rates are going to actually bring a whole bunch of buyers back to the market,

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it's not happening. I mean, I'll just tell you straight up, people aren't just a couple hundred

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dollars on their mortgage payment away from buying houses. So it's going to probably end up being both

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interest rates. I mean, the biggest thing, the easiest thing to give is going to be house prices.

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Everyone's like, oh, they can just pull levers and drop interest rates way back down. There's

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huge consequences there's a reason why they jacked them up fastest rate in history inflation was

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literally raging out of control and it's still super high what are we at like three point we

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at three six now three point six it's such or whatever the state it is yeah yeah it's the only

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way i heard that but yeah sure yeah stated yeah ground beef keeps going up 10 a year

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just keep your eye on ground beef

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yeah so

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all that to say

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can you pull up my last

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I have one last one that I shared

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it's the bar chart one down there

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let's see

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I'm going to skip straight to this one

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because I just think it's

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it's on that same thread

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yeah

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I can

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bar chart this one

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yeah that's the black one

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okay let's see here and as jordan grabs that so darth powell posted a fox news segment like a

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business segment where they were claiming a 30 over overpricing on real estate so that's like in

250
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this one right i'll post it in the oh studio chat oh okay gotcha is it this one yeah so 30

251
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Keep going, Ash.

252
00:20:57,116 --> 00:21:00,276
30% overpriced.

253
00:21:00,476 --> 00:21:02,456
They're saying real estate is 30% overpriced.

254
00:21:02,696 --> 00:21:02,996
Oh, yeah.

255
00:21:03,376 --> 00:21:03,836
Yeah, yeah.

256
00:21:05,416 --> 00:21:06,516
That's not good.

257
00:21:07,796 --> 00:21:08,976
So we can do this one.

258
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Is this what you're looking at?

259
00:21:10,836 --> 00:21:11,316
I got it.

260
00:21:11,576 --> 00:21:11,796
Yeah.

261
00:21:12,456 --> 00:21:12,836
This one?

262
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Oh, right.

263
00:21:13,576 --> 00:21:13,756
No.

264
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This is here.

265
00:21:16,036 --> 00:21:18,856
So I'll do this, and then Jordan, you show the other one.

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Basically, Darth Powell is saying only 27% of households can afford a median home.

267
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And then 80% of households earning $140,000 already own.

268
00:21:31,196 --> 00:21:35,936
So you have 50% of the housing market is chasing 5.4% of the homebuyers

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that can afford a home that they don't already own.

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Oof.

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00:21:43,256 --> 00:21:43,936
Yeah.

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All right, let's pull this one up, Ryan.

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This one, right? Bar chart?

274
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Yeah.

275
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Yeah. So I think I encourage people not to over fixate on what popped the bubble back in 08.

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It was insane. Like they were just letting anybody a whole bunch of shenanigans with the quality of loans being given out.

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Anyways, at the end of the day, they over-financialized the housing market to unsustainable levels.

278
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And once it pops, it pops.

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It's going to go back down.

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You see, and it returned back to somewhat sanity.

281
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And even then, it would have gone a lot lower, but the government stepped in.

282
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And there was millions of foreclosed on houses back then that they refused to let go out on the market.

283
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and they trickled them out like a little stream.

284
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So this would have gone way lower and it should have

285
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because it would have been healthy.

286
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We needed to return back to health,

287
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but they pumped the bubble back up as fast as they could.

288
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So you can see it just this huge crash back

289
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towards it being affordable.

290
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And I think both Osh and I bought houses at that time.

291
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And then now we're back up to 2025.

292
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five well here's the thing like you can guess what's going to happen next yeah whenever houses

293
00:23:16,196 --> 00:23:23,296
whenever whenever housing is extremely unaffordable it will always return back one way or another and

294
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it's just it's just gravity um yeah unless unless human nature changes because at the end of the

295
00:23:30,176 --> 00:23:36,476
day you can't if you make it impossible for all young people in a nation to get into housing

296
00:23:36,476 --> 00:23:39,176
like pitchforks will come out and Sybil unrest follows.

297
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So like, yeah, you can just,

298
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and we're already getting,

299
00:23:43,056 --> 00:23:45,496
we're already getting a fair amount of like, you know,

300
00:23:45,596 --> 00:23:47,056
pitting, pitting of the,

301
00:23:47,156 --> 00:23:49,096
like for in order to gain political power,

302
00:23:49,316 --> 00:23:52,036
pitting of the generations against each other.

303
00:23:52,736 --> 00:23:54,456
It's just a really dangerous

304
00:23:54,456 --> 00:23:56,456
and unfortunate thing that's happening.

305
00:23:56,616 --> 00:23:58,776
The other thing that I would want to mention here too,

306
00:23:58,776 --> 00:24:02,616
is this, this like dynamic of like whip sawing.

307
00:24:02,736 --> 00:24:04,856
I mean, this, this obviously, let's see,

308
00:24:04,856 --> 00:24:07,476
You know, this is 2006, 2025.

309
00:24:07,936 --> 00:24:09,316
So you're talking 19 years.

310
00:24:09,956 --> 00:24:12,516
Again, for some of us, 2008 seems like yesterday.

311
00:24:12,836 --> 00:24:15,776
Like, it's insane that it's been 19 years.

312
00:24:16,256 --> 00:24:19,376
But like one of the things, this is not the first time this has happened either.

313
00:24:19,496 --> 00:24:23,616
Like if you look at other situations that, again, aren't necessarily, you know, that

314
00:24:23,616 --> 00:24:26,216
we're not in Weimar, Germany.

315
00:24:26,336 --> 00:24:27,576
Like I'm not stating that we're there.

316
00:24:27,696 --> 00:24:32,616
But like one of the things that you see during that time is that the price of gold and the

317
00:24:32,616 --> 00:24:38,756
value of the local currency, it whipsawed back and forth like this. And so this is evidence that

318
00:24:38,756 --> 00:24:49,276
this is an unhealthy situation. And so there likely will be a buying opportunity that prices

319
00:24:49,276 --> 00:24:54,556
will be significantly lower than they are right now for homes. But even then, I mean, even if you

320
00:24:54,556 --> 00:25:01,936
just look at this chart, if you just try to follow where's the trend line, it still is such

321
00:25:01,936 --> 00:25:07,036
a tough thing. So there's a lot of people who are out there and, you know, in our lifetimes,

322
00:25:07,036 --> 00:25:11,636
if you're, if you're 40 and younger, uh, owning a home, it's just been like an obvious thing.

323
00:25:11,636 --> 00:25:16,616
Like, well, of course you're going to buy your house. Um, and yet I think for a lot of people

324
00:25:16,616 --> 00:25:21,636
and, you know, Ryan and I can, can speak to this, uh, you know, like we're both of us are renting,

325
00:25:21,636 --> 00:25:26,816
uh, you know, Ryan, you're, you're choosing to. And, uh, and then in my case, like I'm just not

326
00:25:26,816 --> 00:25:32,896
in a position where it makes sense to put as much money into a house as would be required

327
00:25:32,896 --> 00:25:35,856
because of what it would cost me in Bitcoin.

328
00:25:36,036 --> 00:25:41,216
So maybe, anyway, is there other charts that you guys want to lay out here and share just

329
00:25:41,216 --> 00:25:44,856
to kind of continue to elucidate the problem or do we want to start talking about?

330
00:25:45,956 --> 00:25:51,416
Well, so before we get into the solution, let's just chat a little bit about the social

331
00:25:51,416 --> 00:25:54,056
consequences of this and the moral consequences.

332
00:25:54,596 --> 00:25:56,316
So you guys kind of hinted at this.

333
00:25:56,316 --> 00:26:10,156
There was this video with Peter Thiel, I think it was him, that made the rounds a few weeks ago, where he's essentially predicting the younger generation all going socialist and Marxist.

334
00:26:10,776 --> 00:26:25,296
And the point he makes is, he says, when they get priced out of the ownership of any assets and a participation in the economy, they're necessarily going to disbelieve in the free market.

335
00:26:25,296 --> 00:26:31,936
And so capitalists become socialists when they have no chance of ownership.

336
00:26:32,996 --> 00:26:41,816
And so that's what this kind of upstream of the housing issues, right, is the broken currency and the fiat money printing.

337
00:26:42,296 --> 00:26:50,356
But then downstream of not being able to purchase a home is saying, well, let the whole thing burn anyway.

338
00:26:50,936 --> 00:26:53,636
Then let me entirely opt out.

339
00:26:53,636 --> 00:26:58,356
why should I contribute to this system if the system is broken and isn't never going to work

340
00:26:58,356 --> 00:27:05,236
for me? And so you had during COVID the whole kind of like Wall Street bets movement. And I would

341
00:27:05,236 --> 00:27:12,956
say some of the adoption of Bitcoin and the kind of the retail involvement during COVID was some of

342
00:27:12,956 --> 00:27:20,456
that, like, let's opt into another system. And I think some of the wokeness and all the protests

343
00:27:20,456 --> 00:27:25,856
on campus and the BLM, that was all saying the system is not working for me for various reasons,

344
00:27:25,916 --> 00:27:31,836
right? They're identifying, they're feeling the effect of the problem, but they're like

345
00:27:31,836 --> 00:27:39,636
shooting at other issues. Attributing blame to- Blame the police for why I'm poor and everything's

346
00:27:39,636 --> 00:27:45,356
broken. No, no, it's not like it's upstream, go higher. There's deeper issues in our society that

347
00:27:45,356 --> 00:27:52,696
are moral and systemic financial, right? And so downstream of this, we're getting all the dirty

348
00:27:52,696 --> 00:27:59,376
water, we're dealing with these issues, and now people are going to opt out of the current system.

349
00:27:59,596 --> 00:28:07,516
And I think the question for us, first, if you're a Christian, well, historically, for millennia,

350
00:28:07,516 --> 00:28:13,416
Christians have built parallel systems and parallel ways of living that go against the stream,

351
00:28:13,416 --> 00:28:20,296
that find ways to build communities where we can help one another prosper,

352
00:28:21,016 --> 00:28:23,456
even while Rome burns, right?

353
00:28:23,656 --> 00:28:27,576
And as it says in Jeremiah 29, I mean, seek the welfare of the city.

354
00:28:27,696 --> 00:28:31,496
So it's not a, let's care for one another at the city's expense,

355
00:28:31,636 --> 00:28:36,636
at the world's expense, but it's realizing that the best way

356
00:28:36,636 --> 00:28:46,796
to be salt and light in a failing society, in a failed state, is to have a healthy marriage,

357
00:28:47,376 --> 00:28:55,036
to love and raise your kids, to provide for your family, to love your neighbors, right? To serve

358
00:28:55,036 --> 00:29:02,456
in your church. And if you start in the areas that you have most responsibility and stewardship

359
00:29:02,456 --> 00:29:05,376
and you're faithful there, God will bless you.

360
00:29:05,456 --> 00:29:06,456
He will make you fruitful.

361
00:29:06,996 --> 00:29:08,756
And by God's grace, we may be in,

362
00:29:09,316 --> 00:29:11,136
Ecclesiastes talks about this.

363
00:29:11,136 --> 00:29:16,836
I don't remember what chapter about the godly man

364
00:29:16,836 --> 00:29:18,116
who saves the city.

365
00:29:18,276 --> 00:29:21,396
Or another parallel story is Lot in Sodom and Gomorrah.

366
00:29:21,936 --> 00:29:23,376
And the whole point is God's,

367
00:29:23,696 --> 00:29:26,256
like if there's one righteous man, right?

368
00:29:26,676 --> 00:29:29,316
He still has a purpose for that city.

369
00:29:29,316 --> 00:29:37,316
and and so we we get to be salt and light in sodom and gomorrah uh and and so there is hope

370
00:29:37,316 --> 00:29:43,656
and the issue of real estate is like okay you got to go upstream you got to see the problems

371
00:29:43,656 --> 00:29:50,656
you got to opt out of the the current system the financial system the moral system the educational

372
00:29:50,656 --> 00:29:59,056
system uh and and then rebuild in community uh with with like-minded people and you know what

373
00:29:59,056 --> 00:30:03,436
we will both have a Noah's Ark.

374
00:30:03,716 --> 00:30:04,856
We will be able to survive.

375
00:30:05,096 --> 00:30:07,856
I mean, one of the posts that I saw this week

376
00:30:07,856 --> 00:30:10,756
that I really appreciated was the dude,

377
00:30:12,716 --> 00:30:17,696
he's a believer, the Bitcoin well guy.

378
00:30:19,336 --> 00:30:19,896
Adam O'Brien.

379
00:30:19,896 --> 00:30:20,616
Yeah, yeah.

380
00:30:20,696 --> 00:30:25,116
So Adam used the Noah's Ark analogy

381
00:30:25,116 --> 00:30:36,513
for both the gospel and for Bitcoin And I think that fair And I just share that really quick and then I end my little rant

382
00:30:40,153 --> 00:30:42,013
And he just says,

383
00:30:42,553 --> 00:30:45,173
Noah built a boat and everyone mocked him.

384
00:30:45,233 --> 00:30:45,793
He didn't care.

385
00:30:45,893 --> 00:30:48,313
He knew something that nobody else believed.

386
00:30:48,533 --> 00:30:49,853
God blessed him with knowledge.

387
00:30:49,973 --> 00:30:51,213
He wasn't building for praise.

388
00:30:51,593 --> 00:30:54,093
He was building to be obedient to God

389
00:30:54,093 --> 00:30:55,273
and protect his family.

390
00:30:55,273 --> 00:30:57,373
The world laughed at him until it rained.

391
00:30:58,073 --> 00:31:02,653
You are incredibly blessed with the foresight of what is going to happen to the current system.

392
00:31:03,053 --> 00:31:05,353
You know the action you need to take.

393
00:31:05,593 --> 00:31:06,313
Get on the boat.

394
00:31:06,993 --> 00:31:09,073
Stack sats for your last name.

395
00:31:09,733 --> 00:31:11,473
Stack sats for your last name.

396
00:31:11,733 --> 00:31:12,253
Goosebumps.

397
00:31:13,013 --> 00:31:14,053
Goodness gracious.

398
00:31:15,613 --> 00:31:19,533
And so Adam is taking this, I mean, this biblical story, and this is a reality.

399
00:31:19,533 --> 00:31:28,453
If you gain Bitcoin and lose your soul, if you gain Bitcoin and stack sats but lose your children, okay, it's all worthless.

400
00:31:29,153 --> 00:31:39,413
But if you can live faithfully, be faithful in your marriage, be faithful in raising your kids well, and your kids have a last name they're proud of, you get that figured out?

401
00:31:39,853 --> 00:31:45,733
Bitcoin is that financial piece that you now give them a way to build a future.

402
00:31:45,733 --> 00:31:58,413
yeah it's it's a it's a pretty strong analogy i mean just being in the space since 17 18 you know

403
00:31:58,413 --> 00:32:03,673
like pretty much non-stop especially in those early years it was just totally just being made

404
00:32:03,673 --> 00:32:09,373
fun of for being a bitcoiner and and it's not just being made like it's not just that

405
00:32:09,373 --> 00:32:15,233
being a bitcoiner you were made fun of back then like the problem like the reasons we were

406
00:32:15,233 --> 00:32:21,233
Bitcoiners, like understanding the problem, like it was just, it was completely dismissed. Like,

407
00:32:21,353 --> 00:32:28,493
oh, like currency disbasement or, you know, debasement, not a big issue, uh, broken fiat

408
00:32:28,493 --> 00:32:32,993
system, you know, and, and all the downstream effects from that on literally everything in

409
00:32:32,993 --> 00:32:40,913
our culture just completely dis, you know, dismissed. And, um, yeah, I was, this is an

410
00:32:40,913 --> 00:32:45,153
interesting. I wasn't planning on talking about this, but there's, um, it brings to mind, there's

411
00:32:45,153 --> 00:32:49,933
a, there's a comedian. His name is Dan Soder. He's a comedian. I can't remember if he's based

412
00:32:49,933 --> 00:32:54,493
that originally, but I think, I think I want to say Colorado or something like that, but he is

413
00:32:54,493 --> 00:32:59,453
like best friends with this guy, Mike McDaniel, who's the coach of the Miami dolphins. And so

414
00:32:59,453 --> 00:33:05,413
they grew up together and they were talking about this on a podcast where Dan, his, his parents were

415
00:33:05,413 --> 00:33:11,093
divorced. He never knew his dad. Uh, and, and like his, so he just didn't have a good home life.

416
00:33:11,093 --> 00:33:15,513
He's, he had like a stepdad. We, he wasn't a big fan of. And so he would go over to his friend,

417
00:33:15,593 --> 00:33:21,533
Mike's house on the weekends and he would spend there like from Friday after school until Sunday

418
00:33:21,533 --> 00:33:28,073
afternoon, after all the NFL playoff games or NFL, uh, games were over with. And then his mom would

419
00:33:28,073 --> 00:33:34,213
come pick him up. And so this family became like a refuge to him. And so by virtue of him having

420
00:33:34,213 --> 00:33:40,793
this family be a refuge to him who was far healthier than his home situation was. He was

421
00:33:40,793 --> 00:33:45,153
able to reap the benefits that he wouldn't have had if he didn't have this little, you know,

422
00:33:45,193 --> 00:33:51,133
this bastion of health. And so there's a real situ, I mean, there's a real analog to that in

423
00:33:51,133 --> 00:33:55,813
terms of like, if you're sitting here, you know, in, you know, Zoomers and you're finding stuff

424
00:33:55,813 --> 00:33:59,453
or younger millennials and you're sitting here, you're like, I am in an unhealthy situation.

425
00:33:59,453 --> 00:34:06,033
like you need to hit your wagon to like, you need to get access to some healthier situation.

426
00:34:06,413 --> 00:34:12,153
And so whether that's, you know, finding, you know, finding mentors, whether that's finding,

427
00:34:12,533 --> 00:34:17,333
you know, finding older people who do have businesses, who do have resources and, and

428
00:34:17,333 --> 00:34:21,313
asking them, you know, like just going on and becoming friends with them and just hearing

429
00:34:21,313 --> 00:34:25,373
their situation and maybe asking them like, Hey, is there, are there things that I can

430
00:34:25,373 --> 00:34:31,673
do to add value to you because I'm in a situation where, you know, I need help. Like there are people

431
00:34:31,673 --> 00:34:37,193
like one of the, one of the biggest opportunities that somebody shout to the friend, Bobby Shell,

432
00:34:37,713 --> 00:34:42,453
he talks about all the time. He basically is like, he's building his entire life around,

433
00:34:42,573 --> 00:34:47,493
in terms of money-making part of his life around Bitcoin and small businesses,

434
00:34:47,493 --> 00:34:52,393
because he's just saying, Hey, there are so many baby boomers who are on the verge of retiring.

435
00:34:52,393 --> 00:34:57,513
and many of them are retiring from businesses that they don't have kids who are going to be

436
00:34:57,513 --> 00:35:02,373
taking them. And so they're going to be all of these businesses that you can pick up for,

437
00:35:02,533 --> 00:35:07,633
I mean, relatively cheap that then you can turn around and make money with them. They're profitable

438
00:35:07,633 --> 00:35:12,673
businesses. And so just, you know, looking at this problem that you have and going out and

439
00:35:12,673 --> 00:35:17,373
talking about the problem, you know, just being able, rather than just facing the temptation and

440
00:35:17,373 --> 00:35:22,493
giving into the temptation, just give up and feel hopeless or just complain and, you know,

441
00:35:22,553 --> 00:35:28,913
do radically dumb things. Um, you know, just basically looking for people who, who are in a

442
00:35:28,913 --> 00:35:34,733
better situation and putting yourself next to them and, and trying to listen to them and, uh,

443
00:35:34,733 --> 00:35:38,273
you know, have conversations with them. And, and again, just there, a lot of these people have,

444
00:35:38,353 --> 00:35:42,893
a lot of these people have expertise that they're willing to share and that they want to share.

445
00:35:42,893 --> 00:35:45,233
one of my favorite things

446
00:35:45,233 --> 00:35:47,753
my granddad went to be with the Lord

447
00:35:47,753 --> 00:35:49,273
probably

448
00:35:49,273 --> 00:35:51,153
probably no

449
00:35:51,153 --> 00:35:53,013
four or five, six years ago

450
00:35:53,013 --> 00:35:53,653
something like that

451
00:35:53,653 --> 00:35:56,613
and one of the things that was just incredible

452
00:35:56,613 --> 00:35:57,333
with my granddad

453
00:35:57,333 --> 00:35:59,053
is that he just always wanted

454
00:35:59,053 --> 00:36:01,473
he just wanted to talk to me

455
00:36:01,473 --> 00:36:03,393
and he wanted to tell me stories

456
00:36:03,393 --> 00:36:04,433
about his life

457
00:36:04,433 --> 00:36:06,573
and when I find older people

458
00:36:06,573 --> 00:36:08,233
I just ask them questions

459
00:36:08,233 --> 00:36:09,273
and it is incredible

460
00:36:09,273 --> 00:36:11,193
how frequently they just start talking

461
00:36:11,193 --> 00:36:12,553
they'll just start talking

462
00:36:12,553 --> 00:36:16,093
And I'll just ask them, I'll prime them with a couple of questions and they'll just go.

463
00:36:16,553 --> 00:36:18,953
And they'll talk about, oh, I, you know, I had this experience.

464
00:36:18,953 --> 00:36:21,853
I, you know, I worked in this field and I have this going on.

465
00:36:21,853 --> 00:36:27,513
Like there's, there's so many people who, again, what, what they don't have, they have

466
00:36:27,513 --> 00:36:32,993
material stuff, they've got resources, but they don't have younger people who are necessarily

467
00:36:32,993 --> 00:36:38,553
interested in, in kind of interested in them and interested in hearing kind of their stories.

468
00:36:38,553 --> 00:37:01,813
And so I think that there's just a lot of opportunities for something that's, if you are a scarce type person who's interested in other people and willing to dedicate time to trying to actually provide something that they're lacking, I think there actually are tons more opportunities than the average person is just thinking about.

469
00:37:01,813 --> 00:37:09,273
So, Jordan, I don't know if you saw this in the public chat, but you were basically perfectly answering this question.

470
00:37:09,273 --> 00:37:16,213
In the public chat, a young man asked, what's your best advice for a 21-year-old young man who is discouraged?

471
00:37:17,373 --> 00:37:20,373
So, I think you've just been answering that question.

472
00:37:20,553 --> 00:37:26,353
I want to, Ryan, if you'd add anything else to Jordan's advice.

473
00:37:28,853 --> 00:37:31,113
Yeah, I mean, no, that's huge.

474
00:37:31,813 --> 00:37:38,893
yeah uh i think i might i mean if we're going to continue to go with solutions

475
00:37:38,893 --> 00:37:44,393
yeah don't give up uh reach out to the older generation they're a massive wealth of knowledge

476
00:37:44,393 --> 00:37:53,733
um learn about bitcoin and save even small amounts outside the system so

477
00:37:53,733 --> 00:38:01,253
like our the whole fiat system is like a giant carnival uh don't get tempted into playing the

478
00:38:01,253 --> 00:38:10,073
fiat carnival games like like like for example uh like our i would say huge amount of the young

479
00:38:10,073 --> 00:38:14,873
people in our country are just being tempted into like different gambling meme coins sports gambling

480
00:38:14,873 --> 00:38:27,813
um penny stocks just like uh messing around with leverage um the same like even saving small

481
00:38:27,813 --> 00:38:32,633
amounts and five bucks a day, 10 bucks a day, 20 bucks a day. Like, it doesn't seem like anything.

482
00:38:32,633 --> 00:38:38,933
It's like, it's never going to place a dent, but like, it's, that's never the truth. Even back when

483
00:38:38,933 --> 00:38:43,353
I remember when I was coming out of the high school, I hardly had anything. I was making

484
00:38:43,353 --> 00:38:47,593
hardly anything and investing in companies back then. I was like, what's the point? Like,

485
00:38:47,673 --> 00:38:51,993
what's the point in 50 bucks or a hundred bucks? It's like, that's literally nothing, right?

486
00:38:52,253 --> 00:38:57,553
Well, like just for perspective, just to hammer home the point, I want you to know that like the

487
00:38:57,553 --> 00:39:04,093
companies that i would have invested in and i and i was a little bit were apple and and amazon

488
00:39:04,093 --> 00:39:11,293
and and companies like that and like ryan was even killing tesla on facebook for years

489
00:39:11,293 --> 00:39:15,493
and it performed pretty well

490
00:39:15,493 --> 00:39:24,733
i was buying apple stock when steve jobs came back to apple um but so here's the thing but even then

491
00:39:24,733 --> 00:39:28,013
It was inexperienced, immature, undisciplined Ryan.

492
00:39:29,093 --> 00:39:39,493
And if I could do it over again and listen to my own advice, it's like, you know, don't underestimate the small beginnings.

493
00:39:39,933 --> 00:39:46,013
Like even buying small amounts and just continuing to faithfully work hard and save.

494
00:39:46,773 --> 00:39:51,773
Today, I would just say, be simple, buy Bitcoin and work hard.

495
00:39:52,613 --> 00:39:54,253
Back then, Bitcoin didn't exist.

496
00:39:54,253 --> 00:40:01,753
And so you literally, you had to play a little bit more of the game, which I think it feels like a whole other world.

497
00:40:03,153 --> 00:40:04,613
But yeah.

498
00:40:05,173 --> 00:40:08,633
And just know that the same, like, oh, what's it going to do?

499
00:40:08,673 --> 00:40:10,193
What's, you know, what's 50 bucks going to do?

500
00:40:10,553 --> 00:40:17,513
I mean, we, my thesis, and I think Austin Jordan probably agree somewhat.

501
00:40:17,513 --> 00:40:23,233
like i you know if you can if you can save a thousand dollars like in the next you know

502
00:40:23,233 --> 00:40:31,313
i think we're at 10x in five five years potentially uh maybe 100x within 10 years so depending on how

503
00:40:31,313 --> 00:40:37,113
old you are um just know that like it could be worth 10 whatever you're able to squirrel away

504
00:40:37,113 --> 00:40:41,953
in bitcoin right now it could be worth 10 times as much in five years yeah um so don't don't get

505
00:40:41,953 --> 00:40:48,413
discouraged. Um, yeah. Yeah. I, I would, I mean, first of all, I mean, the first thing I would say

506
00:40:48,413 --> 00:40:53,973
before I give advice to Salome, I think is how you pronounce it. Uh, but like the first thing I

507
00:40:53,973 --> 00:40:58,833
would say is like, you're, you're not alone, you know, just like you're, you're not alone. Like

508
00:40:58,833 --> 00:41:03,933
there's, there's lots of people who are, you know, in similar situations, uh, and who are,

509
00:41:04,313 --> 00:41:07,873
you know, who are just, you know, just frustrated the way that you are. There's also a lot of people

510
00:41:07,873 --> 00:41:13,613
who are in worse situations, you know, than we are. You know, like I'm somebody who I had never

511
00:41:13,613 --> 00:41:17,733
owned a home. Like I've never been able to own a home. Like we were, I went and was, we were

512
00:41:17,733 --> 00:41:23,273
missionaries in Uruguay, like right at the prime years where if we had like a normal job, we could

513
00:41:23,273 --> 00:41:27,193
have been, you know, socking away money and, you know, and doing stuff like that. And we just,

514
00:41:27,273 --> 00:41:31,953
we just didn't have the, you know, the resources to make that happen. And so like, I look at around

515
00:41:31,953 --> 00:41:37,393
it, you know, some people who are my same age and like, they've all got, you know, seven years on me

516
00:41:37,393 --> 00:41:39,613
in terms of, you know, financially,

517
00:41:39,873 --> 00:41:41,453
in terms of like homes and, you know,

518
00:41:41,453 --> 00:41:42,373
all these different things.

519
00:41:42,893 --> 00:41:45,852
And, you know, there are moments where I catch myself

520
00:41:45,852 --> 00:41:47,933
where I'm like, oh man, I'm, you know, I'm jealous

521
00:41:47,933 --> 00:41:49,413
or, you know, whatever it is.

522
00:41:49,913 --> 00:41:51,613
And I mean, just the reality is just like,

523
00:41:51,633 --> 00:41:52,313
hey, you know what?

524
00:41:52,553 --> 00:41:55,013
Like, it's just one of these situations where,

525
00:41:55,093 --> 00:41:56,733
yeah, I don't have that situation.

526
00:41:56,993 --> 00:42:00,213
I'm not in their situation, but the Lord knows.

527
00:42:00,573 --> 00:42:03,253
And so again, I don't know if Salome is a believer or not,

528
00:42:03,293 --> 00:42:05,053
but I do think that's one of these things where,

529
00:42:05,053 --> 00:42:11,273
you know, like pour your heart out to the Lord and just basically just, you know, bring your

530
00:42:11,273 --> 00:42:15,373
things to him. He cares for you. Uh, the scriptures tell us that, you know, cast your cares on the

531
00:42:15,373 --> 00:42:19,893
Lord because he cares for you. Uh, you know, we don't have to sit here and try to care about our

532
00:42:19,893 --> 00:42:23,773
problems all by ourselves. Like God actually is there and he does care about your problems and,

533
00:42:23,773 --> 00:42:28,813
and he loves to provide for his kids. Uh, you know, even if, you know, even if you're somebody

534
00:42:28,813 --> 00:42:32,693
who you're like my dad, you know, this is not my story, but like, if you're somebody who had a dad

535
00:42:32,693 --> 00:42:33,633
who wasn't there for you.

536
00:42:34,373 --> 00:42:36,533
God loves to be a father to the fatherless.

537
00:42:36,633 --> 00:42:38,953
This is one of the things that he loves to do.

538
00:42:39,113 --> 00:42:41,533
And so the other thing that I would say is

539
00:42:41,533 --> 00:42:42,973
don't underestimate,

540
00:42:43,313 --> 00:42:45,433
like leverage the resources that you have.

541
00:42:45,813 --> 00:42:49,313
So if you're 21 years old and you're single,

542
00:42:50,413 --> 00:42:53,933
the resource that you have that other people don't have

543
00:42:53,933 --> 00:42:55,653
is you have your flexibility.

544
00:42:56,233 --> 00:42:58,352
You have flexibility and you have time.

545
00:42:59,213 --> 00:43:01,173
And so I met this, I had this young guy,

546
00:43:01,173 --> 00:43:05,833
one of our pastors just basically encouraged the younger men in the church to reach out to older men

547
00:43:05,833 --> 00:43:12,073
in the church and just basically try to get advice about, you know, just start to hear from where

548
00:43:12,073 --> 00:43:17,553
they're coming from, kind of exactly what I was describing before. And so this guy, I think he's

549
00:43:17,553 --> 00:43:22,133
21 or 23 years old, just came and just basically asked if we could get breakfast. And so we did.

550
00:43:22,233 --> 00:43:26,833
And he just started asking me questions. And I just started asking him kind of where he was at.

551
00:43:26,833 --> 00:43:29,773
Like I didn't want to just start talking, I didn't want to just start talking, giving him

552
00:43:29,773 --> 00:43:33,913
advice without knowing his situation. And so he just proceeded to tell me that he's a young guy.

553
00:43:35,233 --> 00:43:40,793
He's living at home, but he's paying rent. So he's got to pay for a car and he's got to pay for rent

554
00:43:40,793 --> 00:43:44,913
and then obviously food and stuff like that. So what he's doing is he's working two jobs.

555
00:43:45,233 --> 00:43:51,413
He's working one 40 hours a week working at a restaurant. It's not glamorous. He's trying to

556
00:43:51,413 --> 00:43:57,273
move up and move up into management and get, which will result in a raise. And then on top of that,

557
00:43:57,273 --> 00:44:03,473
when he gets off off work from that job, he goes over and works another job at a bar that's right

558
00:44:03,473 --> 00:44:08,693
next door. And so he is basically looking at the situation. He's basically saying, hey, what I have

559
00:44:08,693 --> 00:44:13,773
right now is free time. And so I'm going to maximize my free time. I'm going to do the really

560
00:44:13,773 --> 00:44:19,733
hard thing that's not fun right now so that I'm in a better situation so that I can basically earn

561
00:44:19,733 --> 00:44:26,253
money and then I can invest it. And so he's he's already me saving a good I think at least he's

562
00:44:26,253 --> 00:44:31,493
saving a good chunk of the money that he's earning. And so he's, you know, investing in the stock

563
00:44:31,493 --> 00:44:37,973
market and he's doing well there. And then he's also in bought Bitcoin and is doing great relative

564
00:44:37,973 --> 00:44:43,093
to, you know, when relative to when he got in, how much he's been buying. So I would, you know,

565
00:44:43,093 --> 00:44:49,453
just say, you know, coming up with a plan and then just having people go, like going to find people

566
00:44:49,453 --> 00:44:54,313
who can just be an encouragement to you to just stick to the plan. Cause that's one of the things,

567
00:44:54,313 --> 00:44:57,852
whether you're starting a business or whether you're, you know, just starting your life,

568
00:44:58,293 --> 00:45:04,153
you know, it is just so easy to get discouraged when you don't have, you know, people who are,

569
00:45:04,373 --> 00:45:07,852
you know, you're talking to every day, people who are reminding you of what's real and what's true

570
00:45:07,852 --> 00:45:12,433
and, you know, what's good and people talking about horrible failures that they've had

571
00:45:12,433 --> 00:45:17,173
that set them back financially, set them back in all kinds of ways. Like everyone has these stories.

572
00:45:17,433 --> 00:45:21,113
It's real easy just to look at even these baby boomers and look at them like, oh, they've got

573
00:45:21,113 --> 00:45:25,833
so much money in the easiest time in the history of mankind. All they had to do is basically be

574
00:45:25,833 --> 00:45:31,373
monkeys and throw money at, at the stock market, S and P 500. And they're just millionaires. Uh,

575
00:45:31,373 --> 00:45:35,053
it's like, there is some truth to that. And yet in many other cases, they, they weren't disciplined

576
00:45:35,053 --> 00:45:40,153
enough and they had problems that, that kept them from doing stuff like that. So, um, you know,

577
00:45:40,153 --> 00:45:50,369
even within a lot of the the good situations that people have they had horrible setbacks as well And so I just would encourage people on that front

578
00:45:51,869 --> 00:45:59,549
Yeah. I want to piggyback on that and also the advice to the 21-year-old man.

579
00:45:59,549 --> 00:46:11,569
Um, God's design for us is to be mentored and discipled by our own fathers. And I think that

580
00:46:11,569 --> 00:46:18,189
that extends to, uh, career paths, skills, training, things like that. Not necessarily

581
00:46:18,189 --> 00:46:26,109
that our dads should have like, uh, taught us every little skill that we end up using in our,

582
00:46:26,109 --> 00:46:32,089
in whatever career we end up in. Um, but he's, our dad should kind of, they should have been like

583
00:46:32,089 --> 00:46:40,369
the coach, the encourager, the mentor. And a lot of, a lot of us didn't have that. Like I had,

584
00:46:40,469 --> 00:46:46,049
my dad was awesome, but he was, uh, he was not very entrepreneurial. And so I was a little bit

585
00:46:46,049 --> 00:46:51,149
on my own when it came to like, just developing the skills that, that I needed to succeed. And,

586
00:46:51,149 --> 00:46:59,089
And I was that super discouraged mid 20 something year old guy, literally, and I didn't have a vision.

587
00:46:59,089 --> 00:47:16,849
I think that's a lot of another thing that parents aren't doing a very good job of in the last couple of decades is helping their like giving a vision for their kids and working with them to like encourage their, you know, their different skills and strengths.

588
00:47:17,549 --> 00:47:22,889
And so a lot of times kids are coming out of high school with just literally no idea what in the world they're going to do with their life.

589
00:47:24,369 --> 00:47:39,249
And I just want to encourage anyone out listening right now, just like find older, wiser guys in your church, especially those that are in somewhat similar situations that you might want to be in.

590
00:47:39,349 --> 00:47:44,529
So, for example, if you're interested in business, for example, just any guy in your church.

591
00:47:44,589 --> 00:47:46,029
And the other thing is the Lord can use anyone.

592
00:47:46,029 --> 00:47:53,829
So just pray that God provides somebody that has the skills that you need and to reach out to them and see if they're up for getting coffee.

593
00:47:54,109 --> 00:47:55,789
That's literally exactly what I did.

594
00:47:57,209 --> 00:47:59,049
And God massively blessed that.

595
00:47:59,109 --> 00:48:01,049
There was a guy, Chris Taylor, up in Portland.

596
00:48:01,749 --> 00:48:04,869
He was a huge, huge blessing to me, him and another guy in our church.

597
00:48:06,029 --> 00:48:08,549
I just started meeting with him and they were just kind of mentoring me.

598
00:48:08,549 --> 00:48:16,649
And the other thing is, at that age, there's still so much immaturity and foolishness bound up in our hearts.

599
00:48:16,809 --> 00:48:19,929
You need older guys just to be like, just to tell you no.

600
00:48:20,069 --> 00:48:21,169
No, that's a bad idea.

601
00:48:21,289 --> 00:48:23,749
No, just focus, focus, focus.

602
00:48:24,069 --> 00:48:25,249
Just keep doing whatever.

603
00:48:27,129 --> 00:48:36,929
Ryan, would you share your story of how much money you had in your bank account when you went and met with Chris and started doing your Craigslist hustle?

604
00:48:36,929 --> 00:48:39,769
that's such a great story

605
00:48:39,769 --> 00:48:45,169
dude like i don't know it's like 75 bucks or something like that

606
00:48:45,169 --> 00:48:48,609
it was i was it was pretty it was a pretty wife and what three or four kids

607
00:48:48,609 --> 00:48:52,769
it was yeah it was probably a couple kids at least

608
00:48:52,769 --> 00:48:58,549
yeah it could have been three but yeah it was like

609
00:48:58,549 --> 00:49:05,809
it was yeah it was it was a tough situation and i'd always wanted to go into business

610
00:49:05,809 --> 00:49:08,069
and never had any training.

611
00:49:08,389 --> 00:49:09,249
I went through public school,

612
00:49:09,349 --> 00:49:10,369
so there was no training,

613
00:49:10,589 --> 00:49:12,109
like business training or anything like that.

614
00:49:12,489 --> 00:49:14,849
And so literally, unless you had a dad

615
00:49:14,849 --> 00:49:16,869
or a friend who was a business person,

616
00:49:17,049 --> 00:49:18,949
like how in the world were you supposed to learn

617
00:49:18,949 --> 00:49:20,309
how to do anything with business?

618
00:49:20,489 --> 00:49:22,949
And I remember meeting with them

619
00:49:22,949 --> 00:49:24,429
and they're like, well, what do you want to do?

620
00:49:24,449 --> 00:49:25,749
And I'm like, I have no idea.

621
00:49:26,029 --> 00:49:27,549
Like, I just want to, I've always wanted,

622
00:49:27,709 --> 00:49:29,029
I've been interested in business,

623
00:49:29,129 --> 00:49:30,089
buying and selling things.

624
00:49:30,089 --> 00:49:30,889
And they're like, well, what?

625
00:49:30,969 --> 00:49:32,089
What do you want to buy and sell?

626
00:49:32,129 --> 00:49:32,909
And I'm like, I don't know.

627
00:49:32,909 --> 00:49:37,969
and uh craigslist had just uh become a thing and we were living in portland at the time

628
00:49:37,969 --> 00:49:45,089
and i was like well i i i could buy and sell things on craigslist and and earn money from

629
00:49:45,089 --> 00:49:48,369
it like okay well how are you going to do that and i'm like well i'll find good deals they're

630
00:49:48,369 --> 00:49:52,889
like okay well how much do you need to make a day just to like the bare minimum just to pay

631
00:49:52,889 --> 00:49:57,889
your bills i'm like well probably a hundred dollars a day and so these two guys chris and

632
00:49:57,889 --> 00:50:00,869
what's his name?

633
00:50:01,169 --> 00:50:01,769
Is it Paul?

634
00:50:02,549 --> 00:50:03,409
No, it was Orth.

635
00:50:03,909 --> 00:50:04,409
Oh, Jason.

636
00:50:05,249 --> 00:50:05,609
Jason.

637
00:50:05,809 --> 00:50:06,109
Yeah, yeah.

638
00:50:06,149 --> 00:50:06,609
Chris and Jason.

639
00:50:07,489 --> 00:50:08,109
They're like, okay.

640
00:50:08,869 --> 00:50:09,249
All right.

641
00:50:09,529 --> 00:50:11,569
Well, you buy and sell things every day

642
00:50:11,569 --> 00:50:12,989
and email us at the end of the day

643
00:50:12,989 --> 00:50:14,029
and tell us what you bought and sold

644
00:50:14,029 --> 00:50:14,869
and how much you made.

645
00:50:15,289 --> 00:50:16,029
And it was just like

646
00:50:16,029 --> 00:50:17,529
just a little bit of accountability.

647
00:50:17,709 --> 00:50:18,769
I had to tell him like

648
00:50:18,769 --> 00:50:20,089
and at the end of the day

649
00:50:20,089 --> 00:50:20,949
if I didn't make enough

650
00:50:20,949 --> 00:50:22,409
they're like, dude, work harder.

651
00:50:22,409 --> 00:50:23,809
Or like, work longer.

652
00:50:24,309 --> 00:50:25,429
Like, and

653
00:50:25,429 --> 00:50:34,249
And I just, dude, I was just hustling all day long, trying to, like, literally, I'd, like, buy a drill and then go sell it.

654
00:50:34,469 --> 00:50:37,329
And anyways, that went on.

655
00:50:37,809 --> 00:50:39,489
And then all of a sudden, I was like, I'd make $100.

656
00:50:39,789 --> 00:50:41,129
Then $150, too.

657
00:50:41,249 --> 00:50:42,309
And it kept going up.

658
00:50:42,329 --> 00:50:43,929
And I started, like, specializing in things.

659
00:50:43,969 --> 00:50:45,649
And I eventually got into used appliances.

660
00:50:46,289 --> 00:50:49,989
And then it was, like, $300 and $400 and $500 and $600.

661
00:50:50,269 --> 00:50:52,229
Like, I started making, like, really good money.

662
00:50:52,229 --> 00:50:57,329
and and then i ended up like accidentally stumbling my way into a whole trade which is

663
00:50:57,329 --> 00:51:04,289
learning how to fix appliances and then sell them and um yeah but it was just like the most

664
00:51:04,289 --> 00:51:09,209
simple conversation and i can i can still picture it to this day like and it was the most profound

665
00:51:09,209 --> 00:51:14,169
thing but yet it was just so simple there's okay then just do it just do that thing and then we're

666
00:51:14,169 --> 00:51:20,429
gonna hold you accountable and so i sent them emails every day for six months and um and at the

667
00:51:20,429 --> 00:51:25,509
end of it, like if you, like you can literally do anything. Like you can literally go out,

668
00:51:25,569 --> 00:51:29,489
anybody listening right now, you're like just buy a weed eater and go out and spend all day

669
00:51:29,489 --> 00:51:36,889
trying to get landscaping jobs. And I promise you after six months, you'll be doing very well.

670
00:51:36,949 --> 00:51:40,229
Like it doesn't matter. Just work hard at whatever you do. Be consistent with it.

671
00:51:41,929 --> 00:51:47,909
Trust the results of the Lord. And yeah, that, that, that accountability piece though is huge.

672
00:51:47,909 --> 00:51:54,249
uh i just think like yeah it really is just such a big thing i mean because what was happening over

673
00:51:54,249 --> 00:51:58,769
that six months is you were becoming a different person like you were you know you were being

674
00:51:58,769 --> 00:52:03,909
disciplined in order to just think about these things like my my similar story is i when i was

675
00:52:03,909 --> 00:52:09,229
in college uh my cousin was selling we were uh my cousin was my roommate in college or i think it was

676
00:52:09,229 --> 00:52:14,489
my junior year and he is just he's one of my favorite people in the entire world he's one of

677
00:52:14,489 --> 00:52:18,549
these guys where he just has always had a knack for business, always had a knack for investing.

678
00:52:19,169 --> 00:52:26,569
Everything he touches just turns to Bitcoin. He's just one of these guys where he just has a mind

679
00:52:26,569 --> 00:52:33,289
for him. And the other thing about him is that he literally brings everything to the Lord in prayer.

680
00:52:34,149 --> 00:52:37,409
And so as it relates to investing, this is what he's just always done. He just prays about

681
00:52:37,409 --> 00:52:41,369
everything. He's like, should I get this or not? And something that a lot of people would just be

682
00:52:41,369 --> 00:52:46,369
like, Oh, God doesn't care about that. He just, you know, in this case he does, he does. And so

683
00:52:46,369 --> 00:52:55,709
he was selling, uh, used books. Amazon was, you know, this is 2005 or something. So Amazon, uh,

684
00:52:55,709 --> 00:53:01,169
was, was around. And so we, he just kind of told me what he was doing and he's like, Hey, if you

685
00:53:01,169 --> 00:53:04,849
want to do this, like you're, you're more than welcome to do this. I didn't know anything about

686
00:53:04,849 --> 00:53:08,869
business. I didn't know anything about, you know, starting my own business, whatever, but we just

687
00:53:08,869 --> 00:53:12,889
started going out and buying books together. We had like a little scanner and we had, you know,

688
00:53:12,889 --> 00:53:17,549
used our phones. And so we just would, you know, buy and sell these things. And again,

689
00:53:17,929 --> 00:53:21,109
most of them were like, all right, you're going to make four or five bucks on this one,

690
00:53:21,129 --> 00:53:25,369
or this one you're going to make 10, 12. But then you'd find one where you just would find a good

691
00:53:25,369 --> 00:53:30,609
deal and you're like, oh my gosh, this textbook, I'm going to sell this and quadruple my money

692
00:53:30,609 --> 00:53:36,729
off it. Holy cow. And so I did that, you know, graduated. And then when we first got married,

693
00:53:36,729 --> 00:53:39,449
I did that within the first six months of being married.

694
00:53:39,529 --> 00:53:43,709
I just started doing that on the side and ended up, again, making a couple grand a month

695
00:53:43,709 --> 00:53:45,749
to where we had a young family.

696
00:53:45,849 --> 00:53:46,969
We were able to live off of it.

697
00:53:47,409 --> 00:53:48,989
Again, it wasn't glamorous.

698
00:53:49,229 --> 00:53:50,369
There was no sure thing.

699
00:53:50,509 --> 00:53:55,349
I look back on it now as somebody who's got a job and almost five kids, and I'm just like,

700
00:53:55,429 --> 00:53:56,409
what was I thinking?

701
00:53:57,229 --> 00:53:58,109
What in the world?

702
00:53:58,189 --> 00:54:06,429
But the Lord used it and just used it to develop the right skills to just basically not be

703
00:54:06,429 --> 00:54:15,289
afraid of the future, the present, whatever. I think that's a big part of it is like God is alive,

704
00:54:15,389 --> 00:54:20,789
he's in the world, and he loves building us up. He loves developing character in us

705
00:54:20,789 --> 00:54:27,529
and demonstrating to us that he's a kind father whose every idea that's ever been had,

706
00:54:27,529 --> 00:54:32,709
that's turned into money, has its source in him. And so I think that's another thing,

707
00:54:32,709 --> 00:54:36,509
is just like having the confidence to just go to the Lord earnestly in prayer and say,

708
00:54:36,589 --> 00:54:39,649
Lord, I know every single good idea exists with you.

709
00:54:39,829 --> 00:54:42,429
You could literally give me a trillion dollar idea and I could be,

710
00:54:42,809 --> 00:54:45,509
I could find a check for a million dollars tomorrow.

711
00:54:45,609 --> 00:54:49,569
Like there's a whole, I mean, there's so many absurd ways in which people have gotten,

712
00:54:50,049 --> 00:54:53,529
you know, have gotten to a point, you know, where they have an idea

713
00:54:53,529 --> 00:54:54,889
or they have businesses or whatever.

714
00:54:55,009 --> 00:54:56,089
There's just so many ways.

715
00:54:56,369 --> 00:54:58,969
And so just, you know, not being afraid.

716
00:54:59,109 --> 00:55:00,949
I think that's one thing that I would be encouraging.

717
00:55:00,949 --> 00:55:06,149
Just like take your fear to the Lord and just entrust it to him and he will honor that.

718
00:55:07,309 --> 00:55:07,549
Amen.

719
00:55:07,789 --> 00:55:12,689
So since we're sharing God's stories, so my quick God's story and provision.

720
00:55:13,269 --> 00:55:18,209
And it's so funny hearing Ryan talk about how he needed to make $100 a day to pay his bills.

721
00:55:18,209 --> 00:55:20,669
Oh, the simpler times.

722
00:55:21,709 --> 00:55:24,369
It sounds like inflation adjusted today.

723
00:55:24,569 --> 00:55:30,049
So probably 25 cents and the loaf of bread was a dime, right?

724
00:55:30,949 --> 00:55:38,109
so we aren't as old we're not really that old right brian doesn't look old particularly i'm

725
00:55:38,109 --> 00:55:45,749
i'm i'm look i look my age but um so when we bought our house in 2013 i was bringing in

726
00:55:45,749 --> 00:55:56,709
$2,700 a month okay so we bought this house and and at the time it felt like a lot of money but

727
00:55:56,709 --> 00:55:58,449
I won't even say how much it was.

728
00:55:58,489 --> 00:56:01,069
It was very little bit compared to what this house would be now.

729
00:56:01,569 --> 00:56:08,669
But I remember that first summer thinking, okay, I don't think I can pay all my bills and my mortgage.

730
00:56:08,669 --> 00:56:12,589
They gave me this loan for this house, but money is so tight.

731
00:56:13,809 --> 00:56:19,069
And my prayer had been, okay, God, and I'm serving as a missionary.

732
00:56:19,269 --> 00:56:20,989
I want to be a witness for him.

733
00:56:21,029 --> 00:56:24,869
And I just said, God, provide the house and whoever our neighbors are, I'll reach them.

734
00:56:24,869 --> 00:56:27,049
and love them for Jesus.

735
00:56:27,769 --> 00:56:31,329
And then within a couple months of being at our house,

736
00:56:31,649 --> 00:56:34,689
I noticed these two Arabic guys across the street.

737
00:56:35,449 --> 00:56:37,229
And I meet them.

738
00:56:37,329 --> 00:56:39,289
They invite us over for a meal.

739
00:56:39,949 --> 00:56:42,849
And next thing you know, they're saying to me,

740
00:56:43,029 --> 00:56:44,969
and they're from the Arab world.

741
00:56:45,229 --> 00:56:46,149
They're Muslims.

742
00:56:46,609 --> 00:56:48,909
They're here to study English and go to university.

743
00:56:49,189 --> 00:56:50,229
And they say to me,

744
00:56:50,749 --> 00:56:53,569
we would love to have a Christian family to live with.

745
00:56:53,569 --> 00:56:56,329
and I'm like, hmm, that's interesting.

746
00:56:56,669 --> 00:56:58,929
Well, I know some Christian families with houses.

747
00:56:59,129 --> 00:57:00,569
I'll see who I can talk to.

748
00:57:01,229 --> 00:57:05,069
Kind of the Samaritan's man walk around the other side of the street.

749
00:57:06,129 --> 00:57:08,569
Dude, it's the dumb and dumber scene.

750
00:57:10,449 --> 00:57:13,889
You go down the road, there's a Christian living down the street.

751
00:57:14,029 --> 00:57:15,369
You might find a cartoon somewhere else.

752
00:57:15,369 --> 00:57:17,289
Who could use some extra income?

753
00:57:18,629 --> 00:57:21,429
Yeah, and who has extra room in their house, right?

754
00:57:21,589 --> 00:57:22,709
Who just bought a house.

755
00:57:22,709 --> 00:57:28,049
and anyway so that I get I totally miss it I get home and I I talk to my wife I'm like

756
00:57:28,049 --> 00:57:33,029
these guys they said the craziest thing they're like hey we want a Christian family to live with

757
00:57:33,029 --> 00:57:40,349
isn't that weird that these like Arab Muslims is this post 9-11 Ash uh yeah actually okay that's

758
00:57:40,349 --> 00:57:46,909
another funny story my first night with them it's like 2 a.m and we're drinking cokes uh and talking

759
00:57:46,909 --> 00:57:50,109
and they asked me in their broken English,

760
00:57:50,629 --> 00:57:52,889
I have a question for you.

761
00:57:53,349 --> 00:57:56,049
What do you think about Osama bin Laden?

762
00:57:58,389 --> 00:57:59,549
So they asked me that.

763
00:57:59,889 --> 00:58:01,069
And I'm like, what?

764
00:58:01,149 --> 00:58:03,809
I'm like, I should be asking you that question.

765
00:58:05,449 --> 00:58:07,649
And they're like, oh, yes, he's very bad.

766
00:58:07,709 --> 00:58:08,449
Very bad man.

767
00:58:08,509 --> 00:58:09,669
We do not like this guy.

768
00:58:10,969 --> 00:58:12,689
He gives Muslim a bad name.

769
00:58:12,689 --> 00:58:19,109
So anyway, after my meeting, I go talk to my wife and I said, craziest thing.

770
00:58:19,189 --> 00:58:21,149
They want a Christian family to live with.

771
00:58:21,889 --> 00:58:24,529
And she goes, oh, we have room.

772
00:58:27,169 --> 00:58:28,989
God bless my godly wife.

773
00:58:29,509 --> 00:58:36,889
Of course, I had to move all my books out of my library in my office and move into the little furnace room.

774
00:58:37,209 --> 00:58:40,889
But so within a month of me saying, I don't know how I want to pay my bills.

775
00:58:40,889 --> 00:58:47,909
literally the Saudi government is paying me a thousand dollars a month to host two students in

776
00:58:47,909 --> 00:58:55,289
my home and to share God's love with them yeah um so and they basically paid my mortgage for

777
00:58:55,289 --> 00:59:05,169
like a few years yeah it's that's one of those situations where again yeah you never could have

778
00:59:05,169 --> 00:59:11,869
seen it coming and but you know you were you just were able to you know just respond to the to the

779
00:59:11,869 --> 00:59:16,669
opportunity and again there's a risk there like again like who are these guys what do they want

780
00:59:16,669 --> 00:59:21,329
like you're you know but just the the lord provided an opportunity to just walk through yeah

781
00:59:21,329 --> 00:59:26,609
well i mean don't take that as don't take that advice for every situation correct anyone who

782
00:59:26,609 --> 00:59:33,329
listen i mean be very discerning here's what i said to them like i i said okay you can move in

783
00:59:33,329 --> 00:59:35,229
for a week, if at the end of the week

784
00:59:35,229 --> 00:59:37,389
I still like you and you still like me,

785
00:59:37,689 --> 00:59:39,429
you can stay for a month.

786
00:59:40,169 --> 00:59:41,029
If at the end of the month

787
00:59:41,029 --> 00:59:43,189
I still like you and you still like me, you can

788
00:59:43,189 --> 00:59:45,209
stay as long as you want. See, that's a great plan right there.

789
00:59:45,349 --> 00:59:47,069
Yeah. And they

790
00:59:47,069 --> 00:59:49,229
stayed a few years. And then they invited their

791
00:59:49,229 --> 00:59:51,209
friends. And then their friends and the uncles and the

792
00:59:51,209 --> 00:59:52,349
cousins. And yeah.

793
00:59:53,129 --> 00:59:54,949
Well, that's awesome. Well, again, so

794
00:59:54,949 --> 00:59:57,229
there's three stories we could

795
00:59:57,229 --> 00:59:59,269
we'll probably share more in the future. But yeah,

796
00:59:59,269 --> 01:00:01,009
that would be just the encouragement. It would just be, you know,

797
01:00:01,029 --> 01:00:03,189
you're not alone. God

798
01:00:03,189 --> 01:00:11,929
God knows, God understands, God sees the injustice of the situation that you're in. And he is jealous

799
01:00:11,929 --> 01:00:18,129
and able to do things about it. We are coming up in the end of the episode here. We are super

800
01:00:18,129 --> 01:00:24,429
grateful for you guys. End of episode 22. We're continuing just plugging along here. If you've

801
01:00:24,429 --> 01:00:31,109
benefited from this episode, feel free, go like, subscribe on YouTube, leave us a review on Apple.

802
01:00:31,109 --> 01:00:34,109
We're actually, I think we're up to like 25 reviews, maybe something.

803
01:00:34,329 --> 01:00:37,389
I was encouraged by how many we had over there, maybe even more, 40, something.

804
01:00:38,069 --> 01:00:43,169
But that's by far the best way to continue to spread the word about the podcast.

805
01:00:43,649 --> 01:00:45,589
Ryan, Ash, appreciate you guys.

806
01:00:45,669 --> 01:00:48,209
And we'll see you all in the next episode of To The Unknown Pod.

807
01:01:01,109 --> 01:01:31,089
Thank you.