Around the Willow Tree | Bitcoin is Dead - Bitcoin Is Dead

Episode Transcript
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Trey Carson (00:56):
Today we've got our very special group once again.
We've got wayne from willowtreeler and we got his grandson,
evan from Willow Tree Lawn Careand we got Tom the taxman in
Jones, one of the regulars onthe Bitcoin is Dead podcast.
So I wanted to start with amistake that I made during the
last time we spoke.
I told I think it was youspecifically that I don't think

(01:19):
your business should acceptBitcoin, because at the time, my
train of thought was if youaccept Bitcoin as a method of
payment right now, mosteverybody around here isn't.
They don't know about Bitcoinand they aren't going to spend
it even if they know it.
Here's what I think companiesshould do in general is the

(01:42):
first thing you should do isadopt Bitcoin as an asset for
the company.
So if you have cash, instead ofjust keeping it in the bank
outside of whatever funds thatyou need to operate, if you have
extra funds that you're notgoing to spend to a later date,
then drop that into Bitcoin andjust hold that, because it's
going to do two things.
The first thing it's going todo is it's going to give you
exposure to Bitcoin, which is agood thing, but it's going to

(02:04):
give you educational exposure.
You got to figure out how toget it into, how to convert your
cash into Bitcoin, how to storethe Bitcoin and then, as your
conviction grows over time andmore people interact with you
about Bitcoin.
If you have somebody then says,hey, I'd like to pay in Bitcoin
, it's very quick and very easyto then accept payment.
I mean within 24 hours, like atTaxman's place, within 24 hours

(02:27):
.
We had a system set up where hecould accept Bitcoin and I
think, taxman, you wouldprobably agree not a lot of
people want to pay in crypto.

Tom Taxman Jones (02:34):
Not yet.
Again, what you stated is trueIn this area here, people are
slowly beginning to adapt to itand I think a lot of it has to
do with the bad press that hasgone out.
The guy down in the Bahamasthere, sam Bankman Fried, there

(02:55):
you know, of course, but reallywhat he did was no different
from anyone else.
That would have been launderingmoney and basically running a
Ponzi scheme against the public,unknowing what was taking place
.
And of course, my position,which I'm even more and more a
believer in the Bitcoin, is thatit's going to help minimize the

(03:18):
cost for small business.
And what you mentioned thereabout Evans, he probably would
run into a few problems dealingwith the public there.
As to being paid, because I knowmy other clients is doing lawn
care, service, things of thatnature there, the younger people
and by that meaning my grandson, my daughter, all in on cash

(03:41):
out there, and I noticed moreand more of my clients heating
and air, plumbing, things ofthat nature.
A few Cash App were more of theZeller there in the Venn mode,
because of course they've beenout there and then they're tied
to the different banks there.
But what Trey just mentionedbeginning to accept Bitcoin,

(04:05):
that, even when you have thoseindividuals that want to pay you
, it's going to be to yourbenefit because it's going to
help build up your asset thereon your balance sheet.
And then, of course, wayneknows, when you go to borrow
money, the first thing the bankwants is okay, let me see your
balance sheet, what do you ownand who do you owe?
And, of course, with Bitcoin,especially with the fact that

(04:25):
it's continued to show anappreciated value, it's just
going to enhance your overallnetwork, which means when you go
into the bank or whoever you'redealing with, they're going to
be like you know hey, look atthis balance sheet there.
It also is going to show that,running the business, that you
got the discipline to set asidethe money for that rainy day.

Yeah.
So, like I said, I think thatin the long term, you will want
to accept Bitcoin, but as a steptowards that which is the
ultimate goal, but a steptowards that.
I think keeping it as atreasury asset is a good idea If
you want to accept it quickly.
It's not hard to download awallet I mean me and a few of
you went through that.
Download a wallet on your phoneand you can accept Bitcoin

(05:08):
right then and there.
So it's not hard to do.
It's just a matter of how youwant to implement it, and what I
don't want people to do is setup a system, try to accept
Bitcoin and then run intoproblems.
The first time somebody triesto pay or the first time they
want to interact with it, theyrun into problems.
It makes them nervous.
They don't feel as comfortablewith the asset because they
haven't spent any time with itto actually see returns in
general.

(05:29):
So once you understand thereturns and you have an
understanding of how to store it, how to use it and so on and so
forth, it's much easier then toaccept.
So I wanted to correct thatfrom the last time we talked.
It's bugged me since I did itbut how's lawn care?

Evan (05:49):
what's going on in the lawn care world?
Um, it's pretty good so far.
Um, I've seen a pretty bigincrease in uh work this year.
I, you know, kind of aside fromthe lawn care portion, you know
, actually doing the work andmore towards, like the I guess,
business side and running thecompany, I um kind of redesigned
our marketing program this year, so I created a website and
started running Google Ads,because we used to be on

(06:13):
something called Angie Leads andI didn't really like the idea
of it.
It was really expensive andkind of inconvenient for us.
And the Google Ads have beenworking a lot better and I've
been seeing a lot of really goodresults from that, and that's
something that, um, I reallywanted to do.
That's a big goal of mine forthis year was increasing the

(06:33):
amount of work we had and, um,you know, getting more jobs and
things like that, you guysstaying pretty busy, oh yeah
yeah yeah, how many days a weekyou guys putting in now?
we're putting in five to sixright now.
Yeah, I was hoping to keep itlike.
Well, the idea is to mow fourdays throughout the week, monday
through Thursday, and thenFriday and Saturday, do projects

(06:56):
like mulch installs,landscaping projects or anything
like that, and then, if itrains or anything like that too,
we have Fridays and Saturdaysto catch up also, if we don't
have any landscape projects.

Do you do the patio with the outside?
I call it outside fireplace.
There I notice you're seeingmore and more homes that's doing
that Again growing up in thecountry.
I'm like, ok, just go outsideand build a fire there.
Again growing up in the country.
I'm like, okay, just go outsideand build a fire there.
But of course, more and moreyou see your homeowners and they
look pretty nice, especiallythe stonework, so you provide

(07:31):
that as well.
Not yet they call thathardscaping.

Evan (07:34):
Yeah, hardscaping, that's hardscaping.
Okay, yeah, I saw, okay,hardscaping.
My cousin works for a companythat they do a lot of
hardscaping.
He's thought about it.
He has thought about it.
Yeah, well, in the future youknow there's plenty of there's
time and that's, you know, onedirection I'd like to go.
There's many places, you know Isee the company going and
that's you know, somewhere I'dlike to go eventually is doing

(07:55):
hardscaping and things like thattoo, because, yeah, it's pretty
nice.

Do you also plant trees, flowers, things
like that, if the customer wantsthat?

Evan (08:05):
Yeah, we do plantings and kind of.
Another service that I startedoffering this year is weed
control and fertilization.
So you've probably heard oflike True Green Companies, like
True Green and other weedcontrol and fertilization
companies.
They don't mow at all, theyonly do weed control and
fertilization.
Oh really, yeah, companies,they don't mow at all, they only

(08:27):
do weed control andfertilization.
Oh really yeah.
Which is, um, they just go outand spray for weeds, keep your
lawn fertilized and you're on ayear-round program, um, you know
, all throughout the year.
So that's.
Another benefit of that, too isthat it um provides job
security, you know, in like thewinter months and things like
that.

Wayne (08:43):
You got a certification for chemicals and licensing.

Evan (08:46):
Oh yeah, yeah, you had to.
There's a certification processand a licensing process.
So there's a gap, I guess, likea skill gap between, like weed
control and fertilization, andpeople that just kind of do
regular lawn maintenance, likemowing.
So, you know, it just helps usstand out more and, um, it also

(09:10):
separates us from like, uh,people, I guess people who are
more, um, you know, just doingbasic things right and a lot of.
Something I've been seeing a lotthis year is that, um, people
want to.
They just want to go throughone company for everything.

One-stop business.

Evan (09:27):
Yeah, exactly Because a lot of people are having a lawn
care company that just mowstheir yard and everything, does
all of that.
And then they also haveTruGreen come out spray for
weeds, keep the lawn fertilized.
But it's pretty convenientbeing able to offer a complete
lawn care program.
So you're going to give themthe full turnkey.

Whatever they want, you can come back and
provide the herbicide,pesticides, things like that.
Do you ever get any requestsfor dealing with insects?
Because I know earlier thisyear it was some kind of bug and
everybody was complaining aboutthat.

Evan (10:02):
Well, that's the thing too .
So there is a separate licenseyou have to get for doing
insects, which that's calledstructural pest control.
I'm licensed to do weed control, okay.
So I'm not legally allowed tospray for insects and things
like that.
Well, at least ones that areinside the house and around the

(10:23):
house.
It's like, well, at least onesthat are inside the house and
around the house.
But you know, maybe in thefuture I'm not haven't
completely decided yet you knowif I want to go that route of
you know, spraying formosquitoes and things like that,
because for even for mosquitoes, you know you need a structural
.
I think, if I'm not mistaken,you need a structural license to
even to spray for mosquitoes,which that kind of goes hand in

(10:44):
hand.
You know, with the weed controland fertilization.
People start wondering aboutbugs and you know things like
that.
So you know, I might, I mightend up getting that license also
.

Yeah, I know, of course people have changed
over time and everybody likes tobe able to set out doors and
don't have the bugs, don't haveany problems there, and so of
course again looking for theturnkey.
But you mentioned earlier aboutyou no longer use the Angie
list.
I mean it just wasn't workingout or you just wouldn't get the
leads.

Evan (11:15):
No, we were definitely getting them.
They would pop up.
But the thing is, when you geta lead through Angie's list, it
goes to you and it also goes tothree or four other contractors.
It doesn't just go to you.
So when it pops up on my phone,you know first of all, as soon
as it pops up I'm charged like40 bucks, 40 to 40 bucks per
lead.

Wayne (11:34):
It's a charge whether you get the lead or not.
Let me elaborate on this alittle bit.
Well, you know, when it startedout and don't get me wrong it
was HomeAdvisor.
Then I think Angie Lee boughtthem out when I started seven
years ago and it was anexcellent way.
It's an absolutely excellentway to start a new business
because it's actually targetingthe customers that you want.

(11:57):
I mean, they're coming to youto do that work.
So it really got us going, gotus started and also some of
these other things I wasn'tfamiliar with that he's using
now.
Or maybe it wasn't out there, Idon't know, but it is expensive.
There's no doubt about it, andI did notice that we've been in
it so long.
We've been on Angie's List orAngie's Leads.

(12:19):
Angie's List is what the nameof it is For, like I said, seven
years.
We get a lot of repeat business.
You know a lot of customers.
Even if somebody we alreadyhave reaches out and we're on
that list, we'll still get thelead and we still get charged.
But we can dispute that charge.
But we get so many in it's hardto catch.

(12:39):
You know, it's hard to taketime to do all that we can write
in and say this is existingcustomer and they'll take that
charge off us so you would get arepeat customer, a returning
customer.
If they're looking for somebodyelse, yeah, you still get
charged until you can dispute itand say the reasoning for the
dispute and they give you credit.
But if you miss that orwhatever, you're too busy and

(13:00):
whatnot, that's still a chargeand it varies on on.
I noticed it varies on theneighborhood this end, like west
burlington is going to behigher than east burlington okay
or green, you know, out thehall river based on your zip
code.
Yeah, it's based on your zipcode, but I mean it was an
excellent way to start abusiness.
But now that we've been inlonger, there was a lot of

(13:21):
downfall.

But we're still in it.
We we're still involved in it.
They do have some excellentsoftware.

Wayne (13:26):
I mean, we've got a very, very large customer list and
that's all embedded in there.
We've got every customer thatwe've ever did work for or
requested work.
If you wanted to take that listand start sending out flyers
directly to them, try to gettheir business and all.
But there's a lot of advantagesthat it offers, but there is

(13:46):
disadvantages because it isexpensive.
We're probably paying what?
Maybe on a weekly basis, $200,$300.
Yeah, sometimes $200 to $300,and you can put that At the
height of the business, but youcan turn it off.
See, right now we've still gotit, but I've got everything
turned off on there.
You've got to have one activeservice that you provide, and

(14:07):
there's a whole list ofdifferent things, not only in
lawn care.
You know anything.
You can turn off all the onesyou don't want to be active in,
and it's divided up in businessand residential.
So I turned everything offexcept snow removal business.

Which right now, in the middle of June,
Right, what's the chances ofgetting some of that?

Wayne (14:27):
But if somebody in the business wants to get.
We do do snow removal, but wereally don't want to do it, for,
you know, we don't care aboutgoing from driveway to driveway,
we want the shopping plazas.
We do have about seven shoppingplazas that we do now during
the wintertime, yeah.

Evan (14:46):
And that's how we got it through Angie's Leads.
We never got that at 10 pm forAngie's Leads.
Yeah, I just personally don'tlike it at all.
I never really have.
And I agree that it is a greatway to start Maybe get your
first 10 clients or somethinglike that but once you get to a
certain point, you have a fewclients established definitely I
would invest in building yourown website, because there's

(15:10):
easy ways to do that, and goinginto Google Ads or even Facebook
Ads.

Wayne (15:15):
It's easy to say we just get out of college.
You see, you get out of college, graduating computer science or
getting out of college.
That's easy to say, but whenyou haven't done it, you've
never done it.
That's not an easy thing.
That's easy to say, but whenyou haven't done it, you've
never done it.

Evan (15:28):
That's not an easy thing and it's costly too.
Yeah, I would say, starting upbuilding your website initially
and getting onto Google, theinitial cost might be a little
bit higher than initiallygetting onto Angie, but over
time you'll be saving a lot ofmoney.
You won't be spending two, youknow, two, three.
Well, it depends on how muchyou put as your monthly budget.
That's another thing too.

(15:48):
You know, by running Google adsand Facebook ads you can
control your monthly budget andeverything.
But yeah, I would definitelyfor any service provider, any
business that sells service,definitely look in the website,
google ads, facebook ads, and Iwould stay away from Angie's
List.
If you look it up, if you lookup Angie's List and their

(16:12):
reviews and everything, mostcontractors don't really like
them, and you know.
That's just something I'velearned from experience.

And too by the fact how many years have you
been?

Evan (16:22):
out there now.
Well, really, since I was like13.

Oh, okay.

Evan (16:26):
So I've been on and off, you know, throughout my middle
school and even high schoolcareer, college career.
You know, I've been on and offjust when I have time.

Wayne (16:35):
You know you're talking to a tax man now.

Evan (16:37):
Right, oh, okay.
So yeah, you probably see hereally, you know.

Wayne (16:41):
No, you wasn't on.

Evan (16:45):
You know he, probably he really.
You know, no, you didn't, youwasn't on.
You know he was just working.
Oh, yeah, yeah, he saw it whenI wasn't, you know officially,
like on the payroll andeverything.
But yeah, I've been on for awhile.
You know, I don't know, I grewup with this company and you
know I really love what I do.

Wayne (16:58):
So yeah, he started more when I was about 13, you know.

Okay, started mowing about 13, you know.

Wayne (17:06):
Okay, make sure to get them started early, yeah I'm 20
now, so, all right, stay thereas long as you can.
Something else yeah, I didn'tthrow it on him either.
You talk about that pestcontrol and all.
I'm going to get him intobeekeeping, so we, when he's out
there if a swarm of bees isthere he'd catch them and bring
them back and we get backstarted out.

Evan (17:18):
That's not a bad idea I never thought about that, yeah
there there's a whole communityaround beekeeping on.
Youtube oh yeah.

Wayne (17:27):
Yeah, he was really big into beekeeping.
I was in beekeeping, yeah.

Pretty good size.
Did you work with the AlamanceCounty Beekeepers Association?

Wayne (17:32):
Yeah, I was in Alamance County, North Carolina.
I was on the list with theagriculture board.
And that's another funny story.
They used to call me rememberGhostbusters?
They used to call me rememberGhostbusters.
They used to call me the BeeBuster because I'd go to work
with a beehive in the back of mytruck and whenever they'd call
into the agriculture extensionabout a hive of bees they would

(17:53):
contact me to go get them.
So if I was working I'd have toget off work and go catch the
bees and then I'd go back atnight and pick up the hive and
I'd go all different times tocatch bees.
That's where I got most of mybees at.
I got 50 hives at one time andI still got all the wood and
everything and I just got tooold to do it.

But I got a young grandson that's a good
entrepreneur and there's a lotof money to be made in bees.
I got a couple of clientsthat's into the whole bee thing
and the fact of it is a lot ofpeople take bees for granted,
but if you don't have bees, youdon't eat.

Wayne (18:28):
They pollinate, honeybee pollinates about 90% 80-some
percent of all the food that weconsume.
The only other pollinator, realgood pollinator, decent
pollinator, is a bumblebee andit's lazy.
Wow, I can't remember thefigures off the top of my head
because I hadn't done it in 25years since I bought the service
station, that whole term busyas a bee yeah.

Evan (18:50):
See, I would do it.
I would be interested in maybegetting into beekeeping or
something like that, but I'dhave to wear one of those suits
with a net over your face.
I never wore a suit.
Yeah, exactly that's what I wasabout to get into is how he's
never worn a suit.
He would go in there, you know,I think he'd take his shirt off
and everything.

Wayne (19:06):
I have my shirt off just go and jump in.

Evan (19:08):
Well, the reason behind that, too, is because I think I
think you mentioned this to mebefore, pa you know if you're
wearing your shirt and a bunchof clothes, and that's what
makes them start to sting you.

Wayne (19:22):
That's not the only thing , but that is one reason.

Evan (19:24):
What's another reason they're mad.

Wayne (19:27):
Okay, they get mad at you , but anyway, that's definitely
a good something to get into.
I just thought about it whenyou were talking about pest
control.
That would be ideal toincorporate with this business.

Evan (19:44):
Well, you know, that's the thing I really love about lawn
care and landscaping is thatit's a perfect.
There's so many doors.
There's so many different waysyou can go with it.
My dad has even told me that heknows people who started mowing
lawns and doing lawn care andnow they own like 20 dump trucks
and they're, you know, theyhave like a million dollar

(20:04):
business, a few million dollarbusiness.
You know.

So there's just so many different avenues
you can go it's got a good starttoo yeah, I mean the growth
potentials is reallyunbelievable there, because, I
mean, the fact of it is wasmentioned here earlier about the
whole homeowners associationthere, because of course, more
and more people living in thosetype of developments there and
also the fact of it is you justdon't see the children mowing

(20:28):
yards anymore and of courseeverybody likes to have a pretty
yard there and um, well,speaking of that, all right,
have you had any trouble withgetting people to work again
running the tax service andpayroll?
I know that's one of the thingsa lot of my, my clients in
construction is gettingdependable workers.

(20:49):
Have you encountered anyproblems with that?

Evan (20:52):
Not yet.
Fortunately, I have a prettylarge family and I have some
family that I can call on tohelp me, like right now, I have
my uncle and my cousin workingwith me and, um, you know,
fortunately enough, they'repretty good and, um, they listen
to me and you know, we wereable to work together and
everything so your cousin'shelping us now, or yeah, uh will

(21:14):
.

Wayne (21:14):
Yeah, his name is oh yeah , oh, you're that's jack, your
cousin, other grandson, allright, yeah, well, I was
thinking about the other cousinyeah, that's, yeah, exactly.

Evan (21:23):
That's a good, that's exactly my point I have such a
big family that I'm able to callon them for help.
Like I said, I have anothercousin who's working in
landscaping.
Once I get to a good point, Iwould be able to probably pull
him in if necessary.
Another good thing is that hehas experience, but once it

(21:44):
comes to finding other people onthe outside, I think that I
would have a problem finding agood person.

Yeah, I mean because everybody's dealing in
there.
I want to say everybody.
When you start talking aboutmanual labor, especially in the
food industry waiters,waitresses what have you there?
It's interesting that smallbusinesses still have no problem
with getting people to workbecause of this inflation.
How has this inflation has ithad?

(22:12):
I know it's had a negativeimpact.
So how have you been able tohandle the whole inflation with
the escalating costs?

Evan (22:20):
Well, really the main thing was cutting our you know
that expense, our marketingexpense.
I feel like that's helped us alot, but he's increased the.
Oh and increasing rates too.
Increasing rates, yeah, all ofour rates.

Wayne (22:34):
Nobody expects it now.

Right there's no way out of it.

Evan (22:45):
But yeah, that was so, that's, you know, those are a
couple really big things that Ifeel like that I've done this
year was, you know, like I said,I reworked the marketing
expense and also I increased ourrates, you know, all across the
board on everything.

When you went up on your rates, what kind of
reaction did you get from yourcustomers?

Evan (22:55):
Well, nobody was really mad, Everybody really understood
.
I have almost 80 lawns that IOut of 80.

Wayne (23:11):
About 80, give or take We've been $10 to $12 for a
cheeseburger now at McDonald's.

Evan (23:16):
But out of that many regular clients whose lawns I
maintain, I feel like losing oneout of that many is pretty good
.

Yeah, that's pretty impressive there because
the fact of it is your businessis no different than anybody
else, especially if you go inthe grocery store, because I
know for myself I had a fewcomplaints about the increase in
my tax preparation and monthlybookkeeping fee there.
But the fact of it is, I don'tcare who you are, what you're
doing there, everybody's dealingwith this escalating cost there

(23:44):
, especially the guys inconstruction, because they don't
know what the price of job fromone week to another week there
because of materials andsupplies there and of course
everybody has a different takeon inflation.
But the bottom line it justmeans that your dollar is not
going as far as it used to beRight, and of course you got to
stretch it what you can, but youcan only stretch it so much.

I read yesterday that $1 in 1930 is now worth 17
cents 17 cents.
There are people alive thatwere born in 1930 or before.
Yeah, In their lifetime they'veseen almost a complete
destruction of a currency.

I looked at the statistics being born in
1960.
A dollar today will be worth$10 in 1960.
Today will be worth $10 in 1960.
So that just goes to showwhat's taking place to the
dollar.
And again, due to inflation andthat's one of the things that's
so attractive about Bitcoinit's going to help insulate this

(24:45):
, especially when you begin toset aside money, because in the
past you set aside $1,000, yougot inflation 2, 3, 4, 5, 6, 10%
a year.
That $1,000, you got inflation2%, 3%, 4%, 5%, 6%, 10% a year.
That $1,000 at 10% is now $900.
Well, who's going to make upthat difference there of your
buying power?
Because the bottom line, that'swhat inflation does it destroys
your buying power.

Evan (25:07):
Well, I just want to make a point that, due to my age, I
feel like I've never reallynoticed, uh, you know, inflation
in the stores and everythinglike that until recently.
You know, growing up I remembergoing to McDonald's or anything
and the price for you know, ameal like, let's say, number one
, for example, you know six, $7.
Now, um, you go and it's in thedouble digits.

(25:30):
Yeah, it's like $13.
Exactly, it almost doubled, youknow, and I'm starting to see
that now with my own eyes andit's kind of interesting because
I'm like, wow, you know, I feellike I'm getting old by seeing
that, by noticing the inflationand everything.

Wayne (25:42):
It's unfortunate.
I hate it that you know.
To me it feels just like the1970s.

Right, right, it feels like I'm living in the
ground all day, Because rightnow it's almost a mimic of how
it was in the late 70s Of courseyou're just a little bit older
than I am, wayne, but I canremember that and back then, of
course, for y'all youngsters,that's when you had to buy gas
based on the last digit of yourlicense tag.

(26:11):
You had to, even in the odd days, and I can remember my mother
was working in the textile milland she had a Volkswagen Bug and
of course she would go in thereand fill it up and then she
would drop my younger brotherand I off, maybe I don't know a
block or two from there, andthen we would go with the
plastic jug to get another twogallons so she would have enough

(26:32):
gas for the week.
And people don't think thatthat can happen, but of course,
as Wayne and I know, it verymuch did happen, especially that
what about 72, 73, 74.
73, 74.
Yeah, so it can happen.
Now, also by the fact that youare, say, an entrepreneur, and
with this inflation and you seewhat it does there again, how it
takes away the buying power ofyour money, you can see also, I

(26:56):
guess being an entrepreneur itmakes you realize it more.

Evan (27:00):
Oh, yeah, definitely.
You know.
That just means I have to.
You know, as prices increase,we have to increase our rates
too, even if it's in the middleof the year, you know, then I
increase my prices.
You know, if I keep getting somany jobs, and you know I
increase my I I increase myprices.
You know, if I keep getting somany jobs, then you know I have
to increase my prices.

Now, majority of your customers are
individuals commercial.

Evan (27:21):
Majority is residential residential clients majority.
But this year at least, we aregetting a lot more commercial
customers too.

How did you get to commercial customers?

Evan (27:33):
I think it's from increasing my social media
presence and Google andeverything, because before,
maybe like last year and theyear before you look at Willow
Tree Lawn Care not much came up,but I completely updated our
Google profile and I made somesocial media accounts for us too
.

Which one did you do for the social media?

Evan (27:54):
social media accounts for us to like.
You know which one did you dofor the social media?
I did Instagram, facebook,tiktok.
So you know some stuff that Imade it kind of appeal to, like
you know, younger audiences, Iguess.
Like I made it, you know,colorful and everything, made
some videos, before and afterpictures, things like that.
But the main thing is with mywebsite, you know I was able to.

(28:18):
You know it's important toinclude keywords like lawn care
in Alamance County, lawn care inGraham, lawn care near me,
things like that.
That way, when these commercialpeople are looking for new
clients or new service providers, you know they're probably just
going to do a Google searchlike anybody else.
You know lawn care providers inthis area, and so I have to,

(28:40):
you know, put in the work tomake sure my website and my
Google profile comes up, youknow, when they search in those
keywords.
And you know I feel like I dida pretty good job with that.
So I think that's really how Igot a lot of these commercial
projects that I'm getting now.

If I had a product for the lawn care business for,
like the industry as a whole, Ihad this new product Could I
just approach you as like abusiness to business thing and
say, hey, I got this product.
Could I just approach you andthen get you to help me tailor
that product or maybe even usethat product?
I'm thinking a little backstory here.

(29:21):
If I start working with crumbrubber, do some other stuff
where I have basically justgranulated rubber, I can form
that into any mold, and what I'mseeing some people do is form
it into mold for landscaping, avariety of different
applications.
But if I came to you and saidI've got this edger or this edge
that you would put down as aseparator between, say, the

(29:42):
driveway and the grass, or Ihave mulch like rubber mulch,
could I just approach you andsay, hey, here's a product, try
it out.
If it works, let me know.
If it doesn't, then let's worktogether to try to figure out
how to make it work.
Like, where is it going wrongfor you?
Because I have some aspirationsto do some stuff like that down
the road and I'm curious on howto take a nonexisting product

(30:04):
into a market that alreadyexists.

Evan (30:06):
So you're basically saying like test it out, yeah, yeah,
definitely I'd be open to thingslike that you have got one call
.

Wayne (30:13):
You said you had to buy it down at Lowe's.
Yeah.

Evan (30:20):
I haven't personally.
Everybody's business isdifferent and everybody gets
different types of leads, but mepersonally, I haven't had many
customers use artificial mulchor anything like that.
Like my grandpa said, I havehad one lead come in where they

(30:40):
wanted to use artificial mulch.
But you know, as we progressand as we move on in life, I
think that will be a thing thatpeople will start to get into,
and the reason is because itdoesn't decompose, it doesn't
Color, doesn't fade, right, butI feel like it's just not.
Kind of similarly, I guess, toBitcoin.
It's just not advertised,people don't really talk about

(31:02):
it that much, but definitely inthe years coming I see that to
be on the rise.

The idea is that you take a wasteful product and
turn it into a useful product,and in some instances.
I don't know all the ins andouts of mulch, but I know that
it changes color and I have torefresh it every year or two,
whereas if I didn't have torefresh it, I'd be a little more
interested In a given like ifI'm at the store and I'm looking
at a bag, if this one's colornever fades and this one does

(31:30):
all things else, or everythingelse equal, I'm going to take
the one that doesn't fade, if Isomehow know that.
So I'm just trying to come upwith ways to use scrap rubber,
because I think I'm going to endup with a lot of it.

Evan (31:41):
yeah, yeah, that's a.
That's a great idea and I thinkthe the um only thing really
kind of maybe pushing peopleaway from that um is the initial
cost, because um mulch regularmulch is pretty cheap and rubber
mulch is more expensive, butthere's a lot more pros.
Like you said, it doesn't breakdown.
You don't have to refresh itevery year.
This person that reached out tome actually, I think she says

(32:05):
she put it down like five or sixyears ago and it still looked
fine to me.
She just said she just wantedsomething new.

I've never seen a tire change colors, no matter
how long it sat in the field.
So I mean, that's the weirdthing about tires there's no way
to get rid of them effectively.
You can burn them, but thatcreates its own problem.

Evan (32:24):
Yeah, that creates its own problem.
Well, I'm not exactly sure howdo they do it at the dump.
Do they burn it?

Wayne (32:32):
I thought they burned it.
No, they probably shred them.

Evan (32:34):
Oh, they do shred them.
I would think Okay.

Wayne (32:38):
Uh-huh, I don't know that , but I had heard they at one
time they were shredding them toadd to asphalt.

Yeah, that's another application.
I had heard that.
And also, you know, like if yougo to a track or if you go to
like in the mevin park, there'sthe, there's like a paved walk
around, yeah, kind of around.
That's all recycled rubber,just crumbed up and colored, and
they come and put it down.
I'm wondering if you can takeit.
You know, when people do epoxyfloors and garages, they come in

(33:08):
and they put down a lot ofepoxy and then they throw flake
on it and that flake gives itthe color and the epoxy gives it
the hardness.
You could do effectively thesame thing with rubber, but you
wouldn't throw it onto it.
You would color the rubberwhatever color or patterns you
wanted and then lay it outalmost like a thick paste and as
the epoxy hardens, that rubberis ingrained in it, and so you'd

(33:29):
have a semi-rubber, semi-epoxyfloor and that floor would
potentially be something thatwould last.
You know, epoxy lasts for along time.
Rubber never goes away, so thatfloor would almost last
indefinitely If you had theright mixture of epoxy and
thickness, all those thingsyou'd have to.
There's a lot ofexperimentation that you could
do with with crumb rubber, and Ithink lawn care is going to be

(33:52):
one of the places where you can,because you can mold it into so
many different shapes bricks,patio pavers, edgers, I mean all
these things you can.
You can mold rubber into, andpeople will just come drop off
tires because they can't get ridof them.
So your, your incoming supplyof goods is free.
The only thing you've reallygot to pay for is storage and

(34:13):
processing.

Evan (34:15):
Yeah, I would definitely test it out.
I wouldn't be opposed to thatat all.
I'm pretty sure I could findsome use for it in a job.

If I progress down that road which I'll probably
know more about by the end ofthis year if I progress down
that road, I'll definitely comeknocking.
I can't design a better productif I don't know what the
product needs are.
So if you come to me and say,hey, I could really use
something that does this betteror cheaper, then I can say, okay
, let me try to build that andthen turn around, give it to you

(34:44):
and actually test it out, seehow it goes.
That'd be fun and potentially,you know, good for both of us.

Evan (34:52):
Yeah, definitely potentially you know, good for
both of us.

Yeah, yeah, definitely um, so do you go to a
lot of houses?
Yeah, yeah, I suspect you runinto some interesting people.
I mean, I'm not askingspecifics here, but everybody
knows about the pizza deliveryguy, the plumber we all know how
that stuff works.
Milkman, you run into wildstuff when you're out there
talking to people uh, not asoften as you think.

Evan (35:18):
I mean, I've seen some you know um pretty far out things,
um I can't think of any off thetop of my head, but I've
definitely, you know um,interacted with some interesting
characters my old father-in-lawwas uh, after he got out of the
Navy he did Time Warnerinstalls and he said he wouldn't

(35:38):
believe the shit that peopleopened the door in.

He said you wouldn't believe it.
So you go to do an install at ahouse and the lady opens the
door and she ain't wearingnothing but a bathrobe and she
ain't shy about nothing.
He's like you just got to stareat the cable while you're
plugging in things, just like,okay, I'm not going to look
anywhere Because you might getin trouble.
You don't know what her actualintentions are.
Necessarily, dudes get introuble a lot these days, but I

(36:03):
thought maybe in lawn care youmight run across that Like, yeah
, maybe you come back and waterthese plants and something like
that I don't know.

Evan (36:14):
Yeah, well, yeah, I've definitely ran into some
interesting characters.
Like I said, I just can't thinkof anything off the top of my
head right now.
Well, actually, I can think ofsomething off the top of my head
, but if I say it, yeah youdon't want to let it out.
If I say it, then it's going to, because it's so far out and
like so interesting that theperson would know it was about
them.
You know what I mean.

Yeah, fully, I get you.
We are kind of a local podcast,exactly.

Evan (36:39):
If I disclose that, they would know it was about them.

Going back to what you're doing with your
landscaping business there,because that creates the whole
middle class.
Once you take away theincentive for an individual to
go in business for themselves,you begin to destroy the middle
class.
And if you don't have a middleclass, then that means you're
going to have a very smallpercentage of extremely wealthy.
Everybody else is going to beliving in poverty.

Today, on the way here, I was thinking if 2%
interest or 2% inflation is thetarget by the Federal Reserve,
then in effect, a kid born today, if we stuck with 2% inflation,
a kid born today and intowhatever his lifespan would be,

(37:26):
every year his life would get 2%worse, like in a measurable way
.
So if you go over the span of alifetime, a solid 80 years,
that means that it's 160% worsethan it was when you were born.
If you live 80 years, Whereasif you flip it, if Bitcoin gets

(37:46):
2% more valuable over the yearsor every year, which presumably
will be way more than that, butas a point of comparison, that
means that your life would be160% better by the time that you
die, In terms of what you coulddo.
All things equal, and it'sactual slavery.

(38:07):
It's actual like for real, nocage slavery.

And that's the intention of inflation, that it
keeps you where you'reconstantly losing because the
value of your work has decreased.
You go out and you get a joband you get paid $100 for it.
Well, you wake up in themorning that $100 is now $99.
You've lost a dollar overnightthere and then, of course, over
a period of time, it's continuedto accumulate and then, of

(38:35):
course, over a period of time,has continued to accumulate.
And the fact of it is, when youtalk about income inequality
just equality period, or whathave you standing a living, when
your work begins to lose valueon a daily basis, then that
means someone has robbed andstole from you.
Because who are you working for?
You're working for yourself,but with inflation you wind up

(38:56):
working for the bank, becausethen you got to go borrow money
to make up that difference thatyou have now lost from the value
of labor to pay your bills.
And it's not going to change aslong as you got inflation.
And we have been sold tobelieve oh, it's only 1%, oh,
it's only 2%, oh, it's only 3%.
And in the scheme of things,you think oh, okay, it's only 1%
, oh, it's only 2%, oh, it'sonly 3%.
And in the scheme of things,you think, oh okay, that's not a

(39:18):
lot, but, as you just stated,2% in 10 years, that's 20%.

Yeah, it's the equivalent of being like I'm
going to go earn $100 an hourand then in 10 years somebody
says well, now you earn $80 anhour.
It doesn't work out that waybecause the pay normally goes up
, but the pay doesn't go upenough to compensate for what
was lost due to this invisibletaxation, inflation thing.

(39:44):
And nobody knows like mostpeople don't know what's
happening.
That's the crazy part, as Iwalk into the grocery store
sometimes and I see people justgoing about their daily lives,
checking out, buying somehamburger meat, what have you?
And I know what everybody'sthinking like damn, why is this
shit so expensive?
Or how is it more expensive?
Or I don't have enough money.
You know something like thatand the unfortunate part is none

(40:06):
of you understand.
You don't have a mechanism tolearn what you need to learn.

Nobody's going to tell you If you're using EBT
government subsidy.
You don't care.
I'm so tired of fuckingliberals, you don't care, and
that's the thing.
And that's really.
What has happened is, againwe've been brainwashed that okay
, everything is all well andfine, and so boom.
At the end of the day, thosewho are working and paying taxes

(40:32):
has got to pay for those whodon't work.
And I saw something I may readtoo many things in the edit.
Roughly 20% of the populationpay no tax whatsoever and is
totally dependent upon thegovernment.

Oh, yeah, I have a family member.

Yeah.

There's no question , she doesn't pay taxes.

So who pays for them?

We do.
I'm like, how do you get moneyback at the end of the year when
you didn't pay in?
Like I didn't know how thatactually worked Because from 18
until now I was either in theMarine Corps or employed.
I've never had an unemployedperiod Well, except when I got
fired recently, but other thanthat I've never had an
unemployed period.

(41:12):
So when it came time for thisone particular family member of
mine to talk to me about taxes,she was saying that, oh, I'm
going to get back X, y, z at theend of the year on average.
And I was like, how?
Like how do you normally, ifyou get money back, that means
you paid too much in how do youget money Normally?
How do you get money out whenyou didn't pay anything in when
in fact you took from the systemthe whole time?
She has no idea.
She doesn't know how she getsthat money.

(41:34):
Zero idea.
The light bulb is not on whenit comes to that conversation
With children Earn income credit.

Yes, the best thing since sliced bread.
If you don't work.

It's the craziest shit.
I have to pay taxes and at theend of the year I might owe
taxes because I didn't payenough taxes.
Right when somebody who paidzero taxes gets money back
because they didn't earn enoughmoney to pay taxes.

And when you really begin to peel the onions
away individuals such asyourself who are young you're
going to be saddled with thisdebt.
And again, the majority ofpeople don't understand when
they talk about oh, we got a $36trillion debt, oh, we're
running at a deficit of atrillion dollars a month.
Well, most people can'tcomprehend that.

(42:23):
I think we said a billiondollars is a thousand dump
trucks with $100 bills.

Yeah, it's an incredible amount.

Yeah, I mean again think about that A tandem
dump truck at $100 bills is $1billion.

Wayne (42:40):
And this is $1,000 billion Right.
So most people can't begin tocomprehend that.

And you see, and one of the things too that
we've been led to, the slaughteris the whole concept of Social
Security.
You see, your generation ispaying for Wayne and I to have
social security.
You know, Trey's a little young, he got a few more years to
work Excuse me, a few more yearsto slave away, for lack of a

(43:09):
better term.
But the fact of it is that'swhat inflation does, and
inflation comes from one.
Well, you can have a naturaldisaster, but it comes from one
thing, and one thing onlyExcessive government spending.

And it permeates every part of the culture.

Everything.

It permeates everything.
There's a new music video outand I don't even know who the
artist is, but it's horrendous.
It's so hypersexual from afemale perspective.
It's so hypersexual that it'sunbelievable.
And my opinion is that thereason that you have people that
are so comfortable acting inthis manner is because they know

(43:48):
that sex sells and because youdon't have enough money or your
perception is that you alwaysneed more money.
You'll do these types of thingsin order to get that money, and
it just a matter of levels,right?
Some people won't stoop tocertain levels.
Other people will do otherthings to get more money, but
when there's easy money to bemade by just saying
hyper-sexualized shit on theradio, you're going to continue

(44:09):
to do that.
And if you think about thatfrom terms of TikTok Instagram,
it's an assault on core valuesof human decency, and they don't
realize it, but I believe atits core it's a chase of money,
just like pretty much everyother problem, in my opinion.
But they'll never know that.

(44:30):
They can't know that becausethey won't understand, they
won't take the time tounderstand this, a conversation
like this where somebody'staking from you and they're like
well, I got more money thisyear than I did last year.

And that's all they care about.

That's the end of the question.
That's the end of theconversation, and it bothers me
deeply that I have to raise kidsin this type of environment and
combat these type of things.
Meanwhile, the Federal Reserveis talking about pausing hikes,
or pausing their activities, andeverybody's like well, I can't
wait until they print some moremoney, so the stock market will

(45:02):
go up.

Or get my stimulus check.

I'm like you don't understand what you're talking
about.
You're saying I'm going toshoot myself in the foot but
I'll run faster afterwards, andthey're like no, you don't
understand.

The whole again, for lack of a better word
.
Hustle on being disabled at 35years of age.
I mean true enough.
There are some individuals whoare truly disabled, but there
are also individuals that takeadvantage of being classified as
disabled at 30, 35, 40 years ofage, and Social Security was

(45:36):
not designed for that.

And then you got Biden coming out talking about
canceling student debt andthings of this nature.
It's like you're not stupid,biden any president was not
stupid.
They might not have beenintelligent, but they weren't
stupid.
Biden fully knows thatcanceling student debt ain't
shit, it's nothing.
It means nothing.
It means nothing.
It'll help out the familiesthat get canceled, but otherwise
it means nothing.

(45:59):
You could cancel 60,000people's worth of college debt.
What impact would that have onthe economy?
Effectively, none, when youhave $34, $35 trillion in debt.
Two days ago, our debt paymentssurpassed our defense budget,
and our defense budget is like30 times larger than every other

(46:19):
country that comes after usStudent debt doesn't mean
anything.

Wayne (46:24):
There was a thing on Fox News today I was watching it on
the Fox Business channel wherethey're projecting the debt to
be $50 trillion by 34.
$50 trillion, yeah.

See what you got to look forward to.

You can't, and that's why I think that
companies should hold Bitcoin,because you can't combat this,
you can't outwork this, it just.
There's no way.
You can work until you're olderand potentially have like a
reasonable life, but the valueof the work that you put in for
40, 60 years of your life is notgoing to be shown if you're
using the dollar as atraditional saving system.

And another statistic came out I don't know
if you saw it, wayne, I think itcame out sometime this week
here that you have a higherpercentage of elderly retirees
basically they're 62, 65 age andup are having to get another
job to just maintain theirstandard of living because of

(47:22):
the escalating property tax andproperty insurance.
Even if you just talk about foodin general there, of course we
all understand and feel theimpact on food and the thing of
it is the increase.
When you talk about propertytax and property insurance,
that's affecting individuals whoown property.
Now, if you don't own anyproperty, you don't feel it.

(47:44):
If you go into the grocerystore and you buy everything
through EBT or what have you,you don't feel it.
You don't feel it.
You're living in governmentsubsidy houses.
You don't feel it there Becausebut basically, you are a slave
of the federal government and,unfortunately, people have been
brainwashed to think thatthey're coming out of here.
Well, how are you coming out ofhere?

(48:05):
And you have basicallyforfeited your right to get what
you think is a free check.

Bread and circuses.
Bread and circuses.
Just keep them entertained,keep them fed and they won't
revolt.
It drives me crazy, andespecially when I talk to people
who I care about at a personallevel and I try to explain
something to them about this andthen the next comment out of
their mouth is oh so you see thegame.
Last night it's like, yeah,it's cool, but you're being like

(48:36):
if I came and stole two percentof your shit from your house in
front of you, you would beoutraged.
If I took a battery out of yourremote, if I went over there
and stole the mouse to yourcomputer, took out every left
sock that you own and took 2% ofyour goods, or took away your
YouTube.

You lose your mind or your.

TikTok Because somebody's doing it behind your
back.
You're like, yeah, okay, it'sfine.

I'm not going to worry about it, you don't
even know it's happening.

It's an invisible tax, something I wanted to ask
both of you guys, though on adifferent note.
So we've talked to you.
We've tried to reach out tosome other business owners.
We recently talked to thegunsmith business in downtown
Levin.
They own a t-shirt company anda few other things.
Is there a company in the areathat you've always wondered
about that we could reach out toand say, hey, let's get

(49:22):
together, do a little podcast?
Brand new company we don't knowabout, but maybe something that
interests you specifically?
Or bring you on as kind of aguest and we'll talk with them.
What do you guys think?
Is there a company that comesto mind?

Wayne (49:33):
Yep.
What's that Quick Cash PawnQuick Cash Pawn or no Super Safe
Pawn?
I'm sorry, that's what theprevious place they worked at
Tracy and On North Church StreetI think Tracy and.

Teresa, yeah, because they buy.
In fact, if you heard the ad onWBAG, your hometown station
there, they talk a lot aboutbuying coins and collectible
there, and so of course theyvery much understand the value
of having an asset is going tohave an appreciated value as
opposed to a depreciated value.

So what was the name of them?
Again, it's Super Safe Pond,super Safe Pond in Burlington.

Wayne (50:11):
Yeah, it's right down from the muffler shop If you go
to bypass as soon as you get in,well, it's still in Hall River.
It's right before you get tothe city limits of the end of
Hall River and the start ofBurlington.
Our town and country is on theleft.
I'm good friends with them.
They're good people.

Yeah, yeah.
Well, I'll try to get them on.
I'll reach out to them and say,uh, I'll speak with them.
You want to speak to them?
Okay, yeah, is there?
Is there a company that youguys don't have contact with,
that you guys don't know,because I'm always driven by
these industrial places andwondering how did that shit

(50:52):
start?
Obviously, some of them arechains and didn't start there,
but I've got local places thatare in industrial facilities.
I've always driven by andwondered how did that start?
What do you do?
Did you go in the bank and askthem for a $30 million loan and
they just gave it to you, like,how did this work?

out, oh no.

Oh no, oh no, How'd this work out?

It doesn't quite work like that, does it,
Wayne?

But on the pawn shop front that'll be
interesting because they areheavy in gold.

Wayne (51:14):
I presume Gold and silver .
Yeah, a lot of collectibles.

There's an antique store in downtown Mebane, right
on Clay Street, downtown Mebane,and I walked in there as a gold
guy.
They sell antiques and gold andthings like that and I want to
have him on the podcast.
But I haven't figured out howto approach him yet, because the
last time I saw him I mentionedBitcoin and we had a small

(51:38):
conversation and now obviouslyhe has a business that deals
with gold, so he's got a stakein it.
But he told me he said youshould be ashamed of yourself
Out here telling these peoplethese things.
You should be ashamed ofyourself.
And I've always wondered likewhat do you think I'm telling
people?
Like where do you think I'mcoming from?
And I'd like to have them onthe podcast.
But I've got to figure out away to approach them because I'm

(52:00):
not trying to pin Bitcoinagainst gold.
There's an argument to be madefrom both sides.

Wayne (52:05):
Sure, but you could have, you know, a lot of other things
.
It I mean you could have a lotof other things.
It's like when you have a mealyou can have different things.
It's just another investmentthing in my opinion.
I agree with you, it's justanother commodity?

Yep, exactly, and that was one of the things.
When it first came out, it wasa lot of questions, but now
we've got more and moregovernment rulings and the IRS
said, okay, it's an asset, yeah,just like gold silver land.
And when you sell it it createsa capital gain, just like gold
silver land there.
So of course, I know peoplehave their own idea about it and

(52:43):
that's part of what we've gotto do is educate people.
But what you said, wayne, isthe case.

Wayne (52:48):
It's just another investment.
What scares a lot of people,though?
And it's totally different,particularly Bitcoin, totally
different than central bankingdigital currency, cbdc, I think
you know.
I've heard some of yourdiscussions on the radio.
It's terrifying.
And that scared a lot of people, because you know that would be

(53:11):
controlled completely by thegovernment.
Exactly.

And that's their intention.

Wayne (53:14):
Yeah, and they can cut it off.
You know one thing that stuckout when I listened to you all
on BAG Trey was talking you knowyou might be buying too much of
this, we'll cut you off.
You know, yeah, maybe gettingoverweight, and they cut you off
on.

Sundays or whatever .
Well, there's this big problemright now where the idea to lose
weight is that you eat less fat, when the truth is the opposite
.
If you want to lose weight, youeat proper fat steak like
actual protein-level fat, notcarbohydrates over and over
again.
And I can imagine a futurewhere they say hey, cows are

(53:56):
contributing too much to globalwarming, so we're not going to
allow you to buy beef, not thecow.
Oh the cow.

What about the goat?

Well, I, mean goat milk is pretty friendly among
vegetarians or not vegetarians,among the left-leaning side of
the crowd, I think.

Wayne (54:09):
There's another segment I watched today I watched the
business channel slightly, butit's on the same subject is they
were talking about feeding ourmilitary.
I didn't catch the whole thing.
I caught a portion of it, butmy understanding is it's
lab-processed meat.

Yeah.

Wayne (54:23):
They were going to feed the military lab-processed meat
which they say, you know, havingit gone through verifications,
it's processed meat, which theysay, you know, having it gone
through verifications, is evensafe.

Well, a friend of mine a while back was saying
that if he could take a pill,just a single pill that gave him
all the nutrients that heneeded throughout the day and he
didn't have to eat, he wouldn't.
And this like he would take thepill, he wouldn't eat.
And this led into aconversation about if you have
an animal and the animal existsfor the purpose of your needs,

(54:54):
whatever it is that you needfrom him, be it working, eating,
what have you would you ratherthe animal live a very
comfortable, a very relaxed, avery massaged lifestyle, or do
you want an animal that's morefree roaming?
There's risks, there's naturalselection processes going on.
It's at risk, it's more natural.

(55:14):
And I was like I'd rather, Iprefer an animal.
Just as an animal exists rightOff the hoof, cook him, we're
good.
And it came up.
We came up with this idea where, if we had a farm, we'd call it
teardrop farms, where you couldtaste the struggle because all
of our animals were just animalsliving in a field doing animal
things.
Right, we didn't.
There's no hormones, there's nomassages, there's no anything,

(55:36):
just teardrop farms.

You could taste the struggle well been old
country boy and I know waynecan relate uh to me um food.
The taste of food has changed.

Oh yeah, it's, it's not why is the mcdonald's
hamburger so much different thana burger on the grill?
Like what's in it, Like there'ssomething there.
It isn't just meat, it can't be.

I don't know.
I do know, if you drop thisfast food outside, ants won't go
to it.
No shit.

Are you serious?
I know the no shit.
Are you serious?
I know the French fries.
Are you serious?

Yeah, the French fries.

I thought you were going to say that they won't
decompose, which I've heard.
But ants won't eat it.

Well I know they came out with ice cream
cones that that cone won't meltbecause of the—.
The ice cream won't melt.
Well, the ice cream will, butthe cone that's holding the ice
cream because of thepreservatives is in it.
And if people would just stopand look at the ingredients in

(56:37):
food, my thing is, if I can'tpronounce it, I'm not going to
eat it.
Okay, yeah, Because again yougot so many additives that's put
in the food and all you got todo is look at the youth, and
this is a perfect point.

Why would I put additives in food if I knew it
would hurt people If I was acompany?
It's simply a financialmotivation, exactly, and you
don't make enough money, youneed more.
And that's why I thinkeverything is downstream of
money, because as soon as youstart tracing it back, it just
ends up in money.

Oh yeah everything the as soon as you
start tracing it back it justends up in money.
Oh yeah, everything.
The love of money is the rootof all evil.

It never goes back to just pure.
There are cases like vengeanceand things of that nature, where
there's human emotion involved,but when you look at structured
things that people have createdand tried to improve over time,
typically it just results backto money.

Wayne (57:28):
It just blows my mind how people don't see it On the
other side.
You have to have it to survive.
And it just blows my mind howpeople don't see it On the other
side.
You have to have it to surviveRight.
I mean, you've got to have itto survive, to eat.

And you know, and Wayne, the thing of it is, a
lot of people getmisunderstanding.
But Bitcoin is just anothermeans of paying your bills and
being compensated for the workyou have provided in the service
there.

Well, just recently I think it was today or
yesterday Germany sold 1,000Bitcoin.
Well, just recently I think itwas today or yesterday Germany
sold a thousand Bitcoin and theygot that Bitcoin from taking it
from people who had donevarious illegal things and such
as that right.
So that causes impact to theprice and you see a nation state
selling Bitcoin.
I think if you look at a nationstate like El Salvador, who's
buying one Bitcoin every singleday, you can go and look at

(58:07):
their wallet and every daythere's a new Bitcoin gets
dropped in there.
I think countries like Germanyare going to regret it down the
road, because people will demandto pay their taxes with
something that holds value,something that's more valuable
than it was when they originallygot it, because it improves
their life.
To do so, they sell less of acommodity or less of a thing to

(58:27):
pay their bills.

Wayne (58:29):
On that subject, since we are talking about that, do you
think the cause of that halvingoccurred?
As far as getting paid formining half price?
That's my understanding of it.
The halving occurred a fewmonths ago.

Yeah, in April In.

Wayne (58:43):
April.
Yeah, do you think that'swhat's holding the price up?
Because I've been watching itand I noticed it running
somewhere around in the mid 60sI think 65,000 or something
because I want to pick it upagain, but I want to get it
hopefully down in at least the50s.

I don't think it'll drop so imagine if, if I have a
bitcoin miner and that minerproduces and it doesn't, but
let's just say it produces onebitcoin a day, yeah, after the
halving price, irregardless, Ithen started making half a
Bitcoin a day.
Okay, so my supplier is reducedby half.
If I have to pay my bills withthe Bitcoin that comes in, I now
have half of that income.

(59:18):
So it's like if you lost halfyour yards, it'd be the
equivalent of that, where yourmoney might vary, but the total
quantity of well, in your caseit would be the total quantity
of service that you wereproviding got cut in half.
But realistically, when theincome gets cut in half, miners
have to sell more Bitcoin inorder to service whatever loans

(59:41):
or bills that they have in amonth.
So miners are selling a lot.
On the other hand, because theETF got approved and I don't
understand the Wall Street sideof it all that well but there's
a difference between the spotBitcoin ETF price and a thing
called the futures market, wherepeople are buying a spot
Bitcoin and then somehow workingwith the futures market to

(01:00:02):
arbitrage between the pricedifference of those two markets.
That's holding the price downand typically after a halving,
historically for three or fourmonths we've seen kind of
sideways or even negative pricedown and typically after a
halving.
Historically, for three or fourmonths we've seen kind of
sideways or even negative priceaction.
Normally if we repeat some ofthe same patterns we should see
the price start going back uparound October.

Wayne (01:00:20):
Well, I'm not really saying it's holding it down.
It's really holding it upBecause before I've watched it
for a long time or a pretty goodwhile say 10 years, maybe seven
or eight pretty good, while Say10 years, maybe Seven or eight
years at least, and I've noticedit hasn't had the big drops as
it has in the past.

Trey Carson (01:00:38):
Yeah, there's a heavy buying pressure.
Yeah, but long-term holders,people that have held Bitcoin,
say, one, two years, a lot oftimes.
They bought Bitcoin somewherearound that $60,000, $65,000
mark back a couple of years ago.
Now some of those guys are inthe green when they're at
$65,000, $69,000 and they'reselling.
So there's a heavy sellpressure from not just those

(01:01:00):
type of people, but heavy sellpressure across the board for
people that are doing arbitrageor things of that nature.
But then that's counterbalancedby people like the ETF of that
nature.
But then that's counterbalancedby people like the ETF.
This morning, michael Saylorwith MicroStrategy, who is kind
of my inspiration for my apologyat the beginning of this
episode where I wanted tocorrect saying that you

(01:01:21):
shouldn't accept Bitcoin but youshould buy Bitcoin and hold it
as an asset.
That's because that's what he'sdoing and it seems to be
working.
He bought 11,000 more Bitcointhis morning.

Wayne (01:01:35):
So 11,000 Bitcoin just went off the market, basically
for see that that's my wholeintention anyway, exactly what
you said.
I mean, if I take it at themuffler shop or if he took it at
the lawn care, it would bethere for the long run yeah,
it's, it's an asset, it's not athat's right.
It'd be an asset yeah and justlike the reason that Tom
mentioned, among other things,it would definitely be an asset
and just to boost up your bottomline.

Well, all of a sudden, you've got something
that you can go to lenders andloan against potentially I mean
that's difficult to do now, butpresumably in the future that'll
be around You've got somethingwhere, if an emergency hits, it
doesn't take you out, it can'tbe taken from you.
Right earlier, before westarted the podcast, I remember
we were talking about peoplewhen they get a um, a wage, a

(01:02:18):
wage garnishment applied againstthem.
There's no wage garnishment inthe bitcoin world.
I mean you can say I can'tspend it, but you can't stop me.
In reality, right, you canimprison me, but you can't.
You can't stop me from doingthat.
If I have access to a way to doit, that's right, whereas with
a bank account, they can freezeit and you're done.

Wayne (01:02:36):
You can pay the Bitcoin directly, but if you take cash
for it, then they'll get it assoon as it goes in, like I think
in El Salvador you can pay twoBitcoin and get a passport, so
things go real bad.

Two Bitcoin, I think it's a passport.

Wayne (01:02:51):
So things go real bad.
You can move down.
I think it's $220,000.

Yeah, but that's a that's a full citizenship.
Yeah, that's the fullcitizenship you can just if you
have the money you can just buyand they're they accept Bitcoin
for taxes.

Wayne (01:03:03):
Yeah, just a reminder.
You know his other side of hisfamily.
You know His other side of hisfamily.
You know Evan is my grandsonthrough my daughter, but his
father's side of the family isfrom El Salvador.
I didn't know.
He mentioned that in the lastpodcast.

Evan (01:03:17):
Yeah, yeah, hopefully you know in the future that people
start to use it more down there,which the economy is definitely
on the rise with this newpresident, nayib Bukele.

Tom Taxman Jones (01:03:29):
He just got reelected.

Evan (01:03:30):
Yep.

In a landslide .

Evan (01:03:32):
Oh yeah, everybody loves him.
My whole family loves him.
You know he's doing a lot ofgreat things for the country.
Salvador was, you know,probably I think it was actually
the most dangerous country inCentral America.

In the world at one time?
Yeah, in the world.

Evan (01:04:10):
And now it's one of the safest.
It is, yeah In the world,really good time.
And they can walk the streetand they feel safe.
Exactly so.
Nayib Bukele is doing greatthings.

I don't claim it's all Bitcoin, because I know he
locked up a lot of the bad folk.
Oh, yeah.
Judge's in-law.

Wayne (01:04:26):
Well, there's a.

It's a double-edged sword, right?
Yeah, well, there's a.
It's a double-edged sword,right.
Like you.
There was some my understanding.
There was basically asuspension of their constitution
when he did that, but at somepoint, like, if your country is
absolutely and completelycorrupt, Joe Biden, if he's
absolutely and completelycorrupt, I could get now up here
.

Wayne (01:04:45):
Yeah, he had to do what he had to do At some point.

The constitution needs to be like.
Our Constitution has anenforcement clause, but I don't
know if the El Salvadorians did.
But you can't argue with theresults.

Evan (01:04:57):
Right, I think, like his Twitter bio says, like the quote
unquote the coolest dictator inthe world, or something like
that.
Yeah, but I mean, you know,sometimes it's just necessary
for the future and you know itpaid off.

So his economic advisor is just an absolute
crazy Bitcoin guy, like fullblown.
He was buying Bitcoin when itwas a dollar, a dollar and a
half.
He was buying Bitcoin back thenand he is a full blown nutcase
now.
But he is a hundred percent theeconomic advisor to the
president of El Salvador becausehe's so well-versed and so
hardcore on Bitcoin.

And again look at the results.

Oh, today Trump received a $2 million donation
in Bitcoin from the Winklevosstwins, the ones who sued Mark
Zuckerberg during the Facebookthing, the original.
Facebook people Supposedly.
Yeah, I don't know the fullstory behind it.

Well, yeah, yeah, yeah, you had to watch the
movie the social network.

Is it called the social network?
Yeah, I think it's called thesocial network.
But yeah, they donated $2million.

Not to get too far off track, but it's
interesting how President Trump,when he came out and made the
statement about taking Bitcoin,how the Biden administration had
basically turned 180 degreeswhere now they're going to have
a Bitcoin conference.

It's game theory in action that you have to do
what's best for you and what'sbest for you.
Unfortunately, in the case ofBiden, it's to accept Bitcoin,
and the only reason I sayunfortunately is because you
generally want to be on theother side of the aisle on most
things that Trump says are goodif you're Biden, but he had to
bite the bullet, that's becauseyou can't be like.

(01:06:33):
You just can't ignore this,right.
I guarantee you, if we walkedoutside right now and could talk
to every person that drove bythis company, one out of 10
would have no concept, no ideawhat to talk about when it came
to Bitcoin.

But the one out of 10 that you did talk to
would know a whole hell of a lot, and that's because he crossed
that barrier, and everybodyeventually crosses that barrier.
Correct me if I'm wrong, but Iread or saw 60 million people in
the United States that eitherown Bitcoins or have dealt in
Bitcoin.

I don't know the exact number, but it's like a
third of the US, something likethat it's a cryptocurrency of
some kind and probably say halfof them have an idea of what
they own.

Right.

But truthfully, there's probably less than
250,000 pure hardcore, reallyunderstand Bitcoin people in the
world.
That's how early we probablyare.
There's plenty of people whoknow about it, who might own a
little bit, that have heard ofit, but people that actually
understand it and really thinkabout can this win against

(01:07:34):
something against the dollar andhave the tools to mentally
process kind of the dollar worldagainst the Bitcoin world?
There's probably 250,000 peoplewho really get it and those
people are heavily invested inBitcoin.
They aren't heavily invested inthe dollar.

They read the writing on the wall.

Yeah, I'm reading a book right now about risk.
We talked about this the otherday and one of the new things
that I came across was thatinsurance houses we were talking
about this- Lloyd's of.
London.
Yeah, lloyd's of London startedas a coffee shop and the reason
that Lloyd's of London wassuccessful was because they had
access to information beforeeverybody else did.
And that's where we are inBitcoin is that?

(01:08:12):
If you're in Bitcoin right now,it may seem like you're 15
years too late, but you'reprobably 50 years ahead of the
majority of the Western world Imean assuming that the dollar
doesn't collapse immediately butyou're probably.
If you just know about it andwork with it, you're probably 25
to 50 years ahead of most ofthe Western world.
But we can wrap up here.

(01:08:35):
I appreciate you guys joiningme.
Evan, last time we talked, weforgot to get you and Wayne to
sign our little artwork overthere.
We're going to auction that offat the end of 21 episodes.
If nobody buys it or nobodybids on it, I'll buy it for
myself and I'll donate the fundsregardless of if it's me or
someone else to the Bitcoin coredevelopment group, however

(01:08:58):
small or however large thosefunds might be.
But I wanted to bring it intoday so to get an opportunity
for you to sign it, because Isaw your grandpa up at his shop
since the last time we spoke, sohe got to sign it then, but I
wanted to see if you'd sign ittoday.
Oh yeah, no problem.
Awesome, because wherever thatgoes, it's going to live on
somebody's wall forever, even ifit's just mine.

Evan (01:09:17):
Yeah, for sure.

So cool.
Well, I appreciate you guysjoining me today.
We'll wrap up from here, but ifyou're in Alamwn Care, Buy some
firewood.
Yeah, get some firewood.
Get your yard done.
Get up with Willow Tree Mufflerif you want some exhaust work
done.
Tom Jones Taxes we all knowthat's right there in Graham If

(01:09:39):
you want to go down there andget your taxes and payroll In
between the courthouse and thejailhouse.
There we go, there we go andwe're going to you keep them
separated.

Yeah, yeah, there you go.

And if you're a business in Alamance County, we
want to talk to you, and by we Idon't mean just me, I mean me
and kind of my whole crew thatcomes along with me.
I like to bring on extra peoplewhen I interview folks so that
way we can get different pointsof view.
So if you own a business inAlamance County, orange County
or the surrounding central NorthCarolina area, let's get
together.
Let's talk about Bitcoin, let'sanswer some questions.

(01:10:10):
I've beaten pretty mucheverybody I know at this point
over the head about Bitcoin forthe past two years, so I'm
looking for new victims.
So just let me know you guyscan reach out to us on the
podcast.
We're all over Twitter Bitcoinis Dead, podcast, things like
that but otherwise, reach out toWayne, to Evan or to Tom for
your tax muffler or lawn careneeds and thanks everybody.

Thank you.

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