Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:03):
It's that time time time, time, Luck and load. The
Michael Arry Show is on the air.
Speaker 2 (00:23):
She has a modic.
Speaker 1 (00:24):
A buddy of mine who was UT fans will remember,
he was all star quarterback at University of Texas during
some good years played for Woodland's High School. And when
I said I wanted somebody in the cryptocurrency space, the
bitcoin industry, and I sent our guys out to go
(00:45):
looking for somebody, and one of the people that came
up was Tilman Holloway. And I found out that my
buddy that he was a guard for my buddy Chance
when he was at University of Texas, and I love
you football. Used to watch a lot more UT football
because I had more time back in those days. But anyway,
(01:07):
so I start checking around on this guy, especially because
it's a financial related thing. I'm extra I do extra
due diligence. And so another friend of mine who's older,
who I trust in respect, said, you know that's Jack.
You know that's Jack Trotter's grandson. Well, you probably won't
know who Jack Trotter is. But when I was running
for mayor, I would well, first when I was running
(01:30):
for city council, then for mayor, I would go meet
with the Titans of Texas, the guys that were, you know,
legendary city builders, Ben Love, Jack Blanton, Corby Roberts, and
Ernie Cockrell. What was Don's name that was head of
the rodeo and ahead of HLMP at the time. Gosh,
(01:51):
I can't stand it anyway. So they would all say
when I would leave, I'd say who do I need
to go and meet, and then say you got to
go meet Jack Trotter. Jack Trotter was a legend in
this town. So a friend of mine said, you know
that's Jack Charter's grandson. Okay, all right, you have my
attention anyway, So before we talk Bitcoin Tilmanholloway archpublic dot Com.
(02:13):
I called Chance during the break and I said, give
me one story about this guy, because Ramon he played
at sixty three three twenty five, so you kind of
get the idea this is a Chance said, that is
one of the baddest ugea me. He said, we were
on Sixth Street one night, hammered and he's got his
shirt off in the middle of Sixth Street saying I'll
(02:36):
block anybody, I'll fight anybody with a horse in his face.
And he said, I think he was trying to fight
the horse, and I'm not sure the horse wanted any
part of that. But for you UT fans, he blocked
for Major Chris and Chance Mock. So some good UT
football memories there. Chance told me, he said, if you
(02:56):
want one good story, I would say the Beef Bowl
AT's Steakhouse.
Speaker 2 (03:04):
Is it true? Twelve story?
Speaker 3 (03:08):
It is true, legend, legends said that I did that.
I was injured. I had a shoulder injury at the time,
so I wasn't going to get.
Speaker 1 (03:15):
To play in the bowl game.
Speaker 3 (03:17):
And they had a competition and it was not only
team based but individual based. Is who ate the most
prime rib? And I stepped up to the proverbial and
literal plate and I took one for the team and
we won the beef Ball.
Speaker 1 (03:34):
You know what I can. I can respect the competitive advantage.
I'm not sure if anybody's going to trust their money
to you with bitcoin, which they already don't know much about,
based on the fact that you're a big, bad dude
who can out eat and out drink anybody. But they
are good stories. I will say that they're good stories.
And there's probably some old UT heads out there that
(03:56):
will give you a call just just because of that.
Speaker 2 (04:00):
And then.
Speaker 1 (04:02):
Chance had told me, was it Bud McFadden, that's your relative. Yeah,
he's my other grandfather. Okay, And Bud McFadden was All
American at ut Win. Do you know what year?
Speaker 3 (04:17):
I want to say forty nine to fifty three if
my memory serves me. But he was a legend as well,
two time All American in he was an All American boxer, wrestler,
and defense and offense football players. So's he's in the
Hall of Honor and had a great NFL career and
ended up coaching at the Oilers at the end of
(04:37):
his career.
Speaker 1 (04:38):
Wow, that's a lot of pressure. Where'd you go to
high school?
Speaker 2 (04:42):
Oh?
Speaker 1 (04:43):
You were home school?
Speaker 2 (04:43):
I went to high school. I was homeschool.
Speaker 3 (04:46):
But then I kind of went to a little football
boarding school for a football season in Denver called Faith
Christian Academy, and it was a was a powerhouse team.
We won state and we're in contingent pretty much every year.
But that was my senior year.
Speaker 1 (05:00):
So did you play organized ball before that?
Speaker 2 (05:05):
I did not know.
Speaker 3 (05:06):
I came into Texas as green as you can imagine it.
Speaker 1 (05:09):
I loved those story heared to all the other offective linemen.
I love those stories, like when a keem olajuwon was
the best low post in all of professional basketball and
the guy didn't play It was a soccer goalie. The
guy didn't play basketball until very late in the day.
And it wasn't just because he was tall. That guy
had skills and he didn't start playing until very late
in the day.
Speaker 3 (05:31):
Yeah, my parents kind of were a believer that I
should play everything. I played hockey, basketball, baseball. I was,
I was, you know, an all sport type kid, and
then they, you know, everybody started saying you need to
focus on football, and it became clear.
Speaker 2 (05:45):
That I was.
Speaker 3 (05:46):
I had, you know, an ability to play and could
go somewhere and could get a scholarship, so it became
kind of the first priority. But hockey was my first love.
I would have played ice ice hockey if I could
have forever, and my kids all play ice hockey now.
But Texas is I got to wear my grandfather's number.
But mccaden, he was number sixty one at Texas and.
Speaker 1 (06:06):
Oh cool, I got to carry on kind of the family.
Speaker 2 (06:08):
Yeah, it was an amazing time.
Speaker 1 (06:10):
Was it your goal to go on and play pro ball?
Speaker 2 (06:14):
No, my goal.
Speaker 3 (06:14):
I actually quit. I had a chance to go play,
and it just never was in my heart. I didn't
love football enough, and I wanted to I got married
my fifth year in college, my last year, and wanted
to start a family and start a career.
Speaker 1 (06:30):
What brought you to Houston. I was raised there, I
was born there.
Speaker 3 (06:35):
I went to Second Baptist and lived on Troon Road
for the vascatory of our childhood.
Speaker 1 (06:40):
Oh my god. Okay, well that makes sense. You're Jack
Trotter's prandson. You got to live on Trouon Road. That
makes all the sense in the world. What got you
into bitcoin?
Speaker 3 (06:50):
I got into bitcoin over a decade ago because I
was intrigued with the fact that anyone could participate in
the network, that if you were one of the three
billion unbanked people, that if you had a plug and
you had a computer, that you could participate, you could
become bank That's what initially got me into it. I'm
a little bit of a nerd, and like the most
(07:11):
offensive lineman are, and I was intrigued with the crypto
mining side of it, not so much, just I didn't
care about the price appreciation.
Speaker 2 (07:19):
I didn't get into it for that.
Speaker 3 (07:21):
So I fell in love with the technology, and I
saw the adoption potential, and one thing led to another,
and I put everything aside and focused on that for
I've done that for the last ten years.
Speaker 1 (07:33):
Wow. Ten years ago, I didn't know what it was.
I'm not sure I still know what it is. Can
you hold with us for just a moment?
Speaker 2 (07:43):
Yeah? Absolutely.
Speaker 1 (07:44):
Tilman Holloway is our guest. The website is archpublic dot com.
If you've wanted to learn more about bitcoin or begin
investing in bitcoin. These were folks that came highly recommended
to us, and I was getting a lot of questions
and I'm not the one that answer them. I do
want to say that our folks at Oracle love our
(08:07):
business series talking to business owners about their business and
sponsored our business series series. And you can get the
cfo's Guide to AI and Machine Learning at nextsweek dot com.
Forward slash Berry my last name, and to.
Speaker 2 (08:23):
The Michael Berry Show. Goo not.
Speaker 4 (08:28):
But as you know, there's a new sheriff in town
because after four years of mistreatment and outright hostility led
by Democrat regulators, lawmakers in this country have a choice.
Will we lead our nation into a future of financial
sovereignty of innovation and of prosperity, or will we let
(08:50):
unelected bureaucrats and four competitors write the rules for us?
And I'm here today to say loud and clear with
President Trump, crypto finally has a champion and an ally
in the White House. In our administration, we understand the
(09:15):
full potential of the digital assets industry, not just as
an investment, not just as a flashy technology, but as
a symbol and driver of personal liberty for all our citizens.
And we are dedicated to seeing that promiseful.
Speaker 1 (09:29):
Film the way that we see it.
Speaker 4 (09:32):
The people in this room are the digital pioneers of
the American economy, and that's why our administration is doing
something a little unusual in Washington. We're listening to all
of you as you blaze the trail of innovation.
Speaker 1 (09:48):
Film in the holloway is our guest. We are talking
about bitcoin. And if you find yourself thinking, well, I
keep hearing bitcoin talked about and I don't even know
what it is, and you're in the right place, or
as is happening with a lot of my friends, do
you mind if I mentioned pickleball just one time? So
(10:11):
I've got some guys I play pickleball with who are
rather aggressive investors, and it often comes around to the
discussion of pickleball, I mean of bitcoin, and I am
amazed how many people have gotten into this. Tilman Holloway
(10:35):
is our guest archa ar chpublic dot com. Timan, why
has there been a run up? Last I looked at
it was one hundred and nine thousand. Why has there
been a run up in the cost? What's driving that.
Speaker 2 (10:50):
Inflation? Yeah, inflation.
Speaker 3 (10:53):
We have to inflate our currency because we're a debt
driven society and you have to continue to inflate to
make the debt cheaper. And so when you inflate fiat
currency across the globe and you don't know the true
denominator against the dollar that you hold, well, bitcoin only
(11:14):
has twenty one million. So it's a hedge against inflation,
but not just our inflation, but the global inflation that
we see. And that's why everybody has kind of piled
in or seen it as a safe haven. Even people
from the traditional finance space like Larry Sink, have latched
onto this premise and kind of seen that as this
(11:35):
primary driving force of value.
Speaker 2 (11:38):
So, yeah, being a hedge.
Speaker 3 (11:40):
Against inflationary environments is the primary use case for bitcoin.
Speaker 1 (11:45):
Man Fink is an unfortunate name, isn't it.
Speaker 3 (11:52):
Well, it's unfortunate enough. He's got eighteen trillion under management side.
Speaker 1 (11:57):
Yeah, but he's got enough to change his name. My
wife went My wife went to law school with a
girl named Beth Dick, and she changed her name when
they graduated. But first and last year, true story, and uh,
Michael Michael Savage Michael Wiener, he changed it to Michael Savage.
(12:22):
The uh, the publisher I got more publisher of National Inquirer,
Bob Pecker, Dude, you got enough money changed your name.
Speaker 2 (12:35):
I don't disagree.
Speaker 3 (12:36):
That seemed like solid Joyson's right there.
Speaker 1 (12:38):
Tilman Holloway as our guest archpublic dot com. Why do
people I wrote some questions down, so if it sounds
like I'm ready, I am. Why do people call bitcoin
freedom money? Is it like French fries and nobody wants
to call it French money.
Speaker 3 (13:01):
It's the only money that's permissionless. So if for example,
I write a check, that check can bounce. The instant
settling of money is a problem that society has not
solved yet. Bitcoin solved that problem. When I send you bitcoin.
I can't get it back. There is no clawing it back,
(13:22):
there's no saying, oh well, I changed my mind. It's
a final settlement of value and it's trustless. So I
don't need to meet you in a parking lot with
cash or gold coins. I can do it geographically from
anywhere in the world, and I can do it with
anyone else in.
Speaker 2 (13:40):
The world, wherever they are.
Speaker 3 (13:42):
So it has unique properties that no other instrument has
that make it more valuable than other instruments, no different
than gold has value because it has certain characteristics. Well,
bitcoin has those same characteristics, but kind of a two
point zero version or improvement upon them.
Speaker 1 (14:03):
So the idea is that it stores value in an
alternate way, and in a time of inflation, where people
are scared, they're looking at things like gold, they're looking
at things like bitcoin. Is that fair to say, correct?
Speaker 2 (14:19):
That's exactly Well.
Speaker 3 (14:20):
When price of eggs and milk are going up, Bitcoin's
price is also going up, but it's going up faster
than those other products. So your purchasing power is preserved
by owning bitcoin versus owning anything else. You have more
power to buy things in the future. Five years ago,
(14:42):
you could buy the average US house with thirty bitcoin,
now you could buy it with three bitcoin. So it's
continuing to provide a hedge against the inflation that we
see or the rising of prices. And we don't need
anybody ever that says wish I hadn't a bought bitcoin.
That's not the common complaint. The common complaint from everybody
(15:06):
is I wish I had bought bitcoin when I heard
about it, or I wish I had bought more bitcoin
when I heard about it. And so that's what art
Public did, is it solved those problems with software. We
created software that buys bitcoin on your behalf, but doesn't
do it in some random way, does it on the depths,
does it in the most prudent, appropriate manner that financial
(15:31):
geniuses have ever come up with, which is an intelligent
dollar cost averaging way. And so this is a set
it and forget it, hands off approach that gets you
to your goal and gets you where you want to
be in terms of accumulating bitcoin. But you don't have
to become an expert. You don't have to. It's completely
hands off. You set it and forget it, and when
(15:52):
you check it, the next time you check it you'll
be headed towards that progress of the goal that you
set out when you set it.
Speaker 1 (16:01):
Have you ever heard the name Ed Bosarge?
Speaker 2 (16:06):
I have not so.
Speaker 1 (16:08):
Ed Bosarge. He's still alive. I don't know him, but
I know his son. And they came. I think the
company was called Quantus, but they basically did this trading
in Houston and they made billions of dollars for their clients.
(16:29):
But before there was bitcoin they were doing. I mean,
I get what you're doing. And the whole now, putting frozen,
putting on the State Michael Show, Jello brand, putting pops
made with the goodness of real jello pudding. I'm laying
out my plan.
Speaker 5 (16:44):
To ensure that the United States will be the crypto
capital of the planet and the bitcoin superpower.
Speaker 2 (16:50):
Of the world.
Speaker 1 (16:51):
And we'll get it done.
Speaker 5 (16:56):
If crypto is going to define the future, I want
to be mind minted and made in the USA.
Speaker 1 (17:04):
It's going to be.
Speaker 5 (17:05):
It's not going to be made anywhere else. And if
bitcoin is going to the moon, as we say is
going to the moon, I want America to be the
nation that leads the way. And that's what's going to happen. Oh,
you're going to be very happy with me. You're going
to be so happy it is. He's the greatest guy.
(17:25):
That's why I'm proud to be the first major party
nominee in American history to accept donations in bitcoin and crypto.
Speaker 1 (17:36):
And they've made a lot of them, i might.
Speaker 5 (17:37):
Tell you, and I appreciate it. Since we made that
announcement on May twenty first, we've already raised twenty five
million dollars, much of it in bitcoin, crypto and others.
Others that are very very good also. But as you know,
our excitement about the future of bitcoin and crypto could
not be more difficult from the approach of our opponents,
(17:59):
can't be. Look, our opponents have gone a difficult route.
They go in old fashioned stuff. We're going to take
it right down the middle. We are going to We're
so different from anybody else in terms of a campaign.
First of all, we understand that they don't understand it.
They are blocking your path, they're blocking your way. But
I've made it a lot easier for you because the
(18:21):
SEC has been very, very tough on you, and now
they see that you've embraced me. All of a sudden,
people that were under investigation, they're being let go. They say,
oh no, we don't want to do that. We love
Let me tell you, if they win this election.
Speaker 1 (18:35):
Every one of you will be gone.
Speaker 5 (18:39):
They will be vicious, they will be ruthless, they will
do things that you wouldn't believe. But right now, because
of me, they're leaving you alone. So please say thank you,
President Trump, thank you for very much. And the reason
they're doing that is, I've heard from some of your
(18:59):
great genie uses.
Speaker 1 (19:00):
That talk to me about this subject.
Speaker 5 (19:03):
I've heard from Vivek one hundred and seventy five million
people in some form are involved with this world of
crypto and bitcoin and all of the others. One hundred
and seventy five billion. So when they heard that, they said,
let's be nice to them at least until after the election.
Speaker 6 (19:22):
I asked my CPA firm for some guidance on the
tax cuts President Trump has proposed.
Speaker 1 (19:33):
It was originally called the TCJA, and when Trump was elected,
one of the first things he did was the TCJA,
which was lowered the tax brackets, more generous child tax credits,
twenty percent deductions for pass through businesses which was the
Qualified Business Income deduction. All of that is set to
(19:56):
expire next year. My CPA say that would mean that
more than sixty percent of taxpayers will see higher taxes
in twenty twenty six, if the TCJA is not extended,
if the Trump tax cuts are not extended, and if
we don't have time today, I'll get into those on Monday.
(20:19):
But these are very interesting times. If you do not
have a good CPA firm and your business is growing,
and maybe you've outgrown your original CPA, or they've retired
or died or moved out of town or whatever else,
email me and I'll connect you with my guys, because
there's a lot of brain power under that roof they have.
(20:42):
They have become a huge resource to me on tax matters,
and they're fantastic. Tilman Holloway is archpublic dot com. Are
you the founder? Tillman?
Speaker 2 (20:54):
I am. I am the founder and the CEO.
Speaker 1 (20:57):
Okay, So if you're in an elevator and you've got
one minute to explain to someone, and I don't mean
someone that has no knowledge of the markets and no
knowledge of gold and where its value is and precious
metals and these sorts of things. Somebody has a pretty
good understanding of our financial system and monetary policy and
(21:20):
all that, and you're explaining what bitcoin is to them,
knowing that they have some knowledge of it. You have
one minute go.
Speaker 2 (21:33):
If you don't have it, dude, you.
Speaker 1 (21:34):
Took three seconds taking a breath. You burned three seconds.
Speaker 3 (21:40):
This is five time to finish this thing up in
In twenty five seconds, we can sit around and wait
for another thirty seconds. Then I can still get it in.
Speaker 1 (21:48):
Okay, hold on, hold, I got to restart the clock.
Restart the clock. Okay, here we go.
Speaker 3 (21:53):
Diversification is the best strategy that anyone's ever come up
with if it pertains the finance futures and planning them.
And bitcoin has made it sixteen years with an average
return of forty plus percent. It has the highest upside
and the lowest downside risk that it's ever had based
upon the adoption of the banks and Wall Street as
(22:16):
a whole. There's etf products, there's option products, there's all
sorts of ways in which you can engage with the
engage with bitcoin. So to fear bitcoin and to not
engage with it because you don't understand it, those days
are gone. It's time to engage. And we've created a
suite of software that will make you engaging with bitcoin
as easy as it's ever been, hands off, completely thoughtless,
(22:40):
will walk you through setting up the software. We'll show
you exactly what it will end up looking like at
the end of the term, and you'll be exactly where
you want to be at the end of that term.
So there's no reason to hold off any longer on
getting involved with bitcoin because there's no other asset like
It gives you an upside that no other.
Speaker 2 (23:01):
Asset gives you.
Speaker 1 (23:04):
It was a minute twelve, but that's fine, legal procedureway.
How many times did you get called for holding at
ut would you guess? Just estimate?
Speaker 3 (23:16):
Well, this was back when they let us play. I
didn't get called very much. I got off sides was
probably the most common offense. And then we you know,
maybe five or six times in my career I got
called for holding.
Speaker 1 (23:29):
And how many times you think when I was.
Speaker 2 (23:30):
Holding on every play? Let's get let's get straight.
Speaker 1 (23:33):
How many times you think you get part of the game.
How many times you think you were off sides?
Speaker 3 (23:38):
Uh?
Speaker 2 (23:39):
Maybe ten?
Speaker 1 (23:41):
That's aggravating, isn't it?
Speaker 2 (23:44):
Oh man, Yeah, it's listen.
Speaker 3 (23:46):
There's nothing that gets you chewed out more on the
sideline than offside simulties.
Speaker 1 (23:51):
I don't cheer for teams anymore, although I have to admit,
and I did not intend this to happen, but I've
gotten too emotionally invested in the Texans. But I may decision.
Years ago, I made some kind of mental health check up,
decisions things I would do to make sure that I
stayed a stable human being. And I realized, you know what,
you have enough pressure. I don't want to say stress.
(24:14):
You have enough pressure in your life. Let's not sports
are a diversion for you. Let's just enjoy them and
not root for a team. So my kids will come
in and they'll go. Whoever's losing, they'll go. They I
always root for the underdog, and so I like whoever's
behind to try to come back. That's what I started doing,
and it makes it a lot more fun and I
(24:35):
don't get my feelings hurt. But when so, I watch
a lot of games that I don't have a dog
in the hunt, so I don't have to get mad
at some offensive lineman for being off sides. But when
you see some big galut and he's off sides and
they're they're they're marking it back and it feels like
forever for that poor guy from the call to marking it,
(24:57):
but especially if it was a good play, as a
you know, productive play, and now they're they're bringing it
all back and they'll they pan in on his face.
Why are you doing that? It's not like he's gonna
go eh, glad you all wasn't. It's the only time
we ever see the guy or hear his name and
number sixty one Tilman Holloway all sides on the play.
I mean, that's that that that's gotta suck because nobody
(25:19):
ever calls your name when you blow open a hole
and they run to daylight.
Speaker 2 (25:24):
Fortun not no, and the defense only has to do
one play, right and right hold on, they get praised.
Speaker 1 (25:31):
Public dot com Tilman Holiday Holiday, Halloway, archpublic dot com.
Are you Moravian?
Speaker 2 (25:42):
Not? What are you? I think I'm English?
Speaker 3 (25:46):
I don't really know that. I've never done one of
the DNA.
Speaker 1 (25:50):
Tests because you didn't want to be in the system.
Speaker 2 (25:55):
Something like that.
Speaker 1 (25:58):
So so what do you do for people? If somebody calls,
If somebody goes to archpublic dot com and then then
they call you or email you from.
Speaker 3 (26:07):
There, they can book an appointment with us our software.
If you want to just get your feet wet and
learn about automated trading and learn about bitcoin, you can
book an appointment with us and we'll get you set
up with our free version of our software, which allows
you to trade up to ten thousand dollars a year.
There's no cost to that software at all. It's just
(26:27):
an educational tool so that we can introduce people to
the technology. If you, after using it, find it something
that fits inside your goals and you want to take
it to the next level, we have a concierge program
that we can walk you through that gives you exposure
to futures market trading as well as pretty much any crypto,
not just Bitcoin, and so we can get you set
(26:49):
up with a customized set of tools that will help
you get where you want to go. So it's all
about education. It's all about booking a demo with us,
talking to us about exactly what your journey looks like
and how you want to approach it, going to how
you want to engage.
Speaker 1 (27:05):
That's pretty heavy stuff for a former meathead.
Speaker 2 (27:10):
Well, you know you got to do something. That's all
the concussions that you putting me through and.
Speaker 1 (27:16):
Called Chance Monk during the break and I said, man,
this guy, this guy's pretty pretty smart guy for where
I would have expected for a guard on a college
football team. He's a smart scot on the team, one
of smart people hardment in my life. The guy is
legitimately brilliant. I said, Wow, okay, because Chance doesn't brag
on anybody but Chance.
Speaker 3 (27:40):
Well, I appreciate the compliment, but I don't know how
valuable it is coming from Chance.
Speaker 1 (27:46):
Well, look, you'd rather that than you know, the alternative.
He could tell your beef Bowl story, he could tell
your beef ball story, or he can tell how smart
you are. And you came up with his software. So
I remember the name of the company, it's quant Lab.
Was bos Arches company. And without going too deep into
the weeds, my understanding is they figured out a They
(28:07):
figured out that the big trading houses would have to
batch their trades late in the day and they would
intercept that trade and it's it's down to the nano
second and they would make the So you'd go to
buy at eighteen and they would step in and get it,
and then you'd have to buy from them. And it
(28:28):
was literally a couple of pennies per trade, but it
was pure volume and they made billions of dollars. As
I understand it, it's a legendary Houston story for people
that know those sorts of things. And I don't know
if quant Labs is the powerhouse they once were. Mister
bos Arches is quite a bit older. But my understanding
(28:50):
is in the day they did something that obviously you're
wanting to do, which changed everything, which which added the
technology to make it happen. So it's a set it
and forget it because most of us can't sit there
like my buddy Claypool and day trade all day. Most
people are running a business.
Speaker 3 (29:07):
Well, yeah, you don't have the time, the expertise, and
the emotional stress that it puts you on under is
not fun. This is the exact opposite. You get all
of the benefits of somebody watching the market for you
twenty four to seven, waiting for the dips to happen,
waiting for the math to be done and the criteria
to be met in order for that trade to be executed.
(29:29):
And so you have expert traders waiting on your behalf
to execute exactly what you set into motion. Before there
was emotion, before you were in a losing position, before
you were up a bunch and had to decide when
you were going to start selling. Automation is the future
of a retail trading. It just hasn't gotten mainstream yet.
And that's exactly what we're here to do, is show
(29:52):
people how easy it becomes to manage your own trading
activity when you have essentially about sitting there doing it
for you.
Speaker 1 (30:03):
So maybe not a good analogy, but kind of like
what E trade was for stocks many years ago, empowering
an investor to do things on their own and engage
in a way they couldn't before.
Speaker 3 (30:19):
Fair or Yes, it's technology tearing down the walls of access,
and so you know, in order to if I said
to you, if you said to me, hey, I'd like
to own one bitcoint over the next two years, and
I would like to buy it, you know, I don't
know when to buy it. Well, if you picked today
to buy it, you could be incurring a lot of
(30:40):
risk because there could be significant price fluctuations off of
today's price. But if you set a schedule to purchase
five hundred dollars increments of it over the next year
and a half, two years, you're going to get a
really healthy curve. You're going to get a very prudent
price entry point because you're going to be dollar cost averaging.
(31:02):
So then the next question then becomes, well, what are
you going to be looking for for those purchases in
those five hundred dollars increment? Well, the software is looking
for dips, and so you can program the software to
define what you think a dip is. So if you
think a dip is when the price of bitcoin goes
down by ten percent in a week, well then it'll
trigger that five hundred dollars trade if that criteria is met.
(31:25):
And so you set these purchasing schedules into play, not
just blindly, but you have historical performance that you can
pull over the last sixteen years to see what the
future would hold if the past you know essentially it
holds true. And so you can set these up and
forget about them in multiple instances, both for kind of
(31:46):
a four to one case style, set it and forget
it automatic savings account. But then let's say you have
the sale of a car and you want to take
a certain portion of the proceeds and invest it into bitcoin. Well,
you can say I'm all X number of dollars and
I want it to be placed in the market over
this period of time. And the software will not just
(32:07):
blindly or dumbly enter those trades. It's actually monitoring the
market and making very wise decisions as it pertains to
the volatility and the depths, and you're essentially buying.
Speaker 2 (32:18):
On all the depths.
Speaker 1 (32:21):
President Trump spoke at the Bitcoin Convention a few months ago,
and it was amazing to me how many people started
emailing me about Bitcoin that had never shown any interest before.
And I'm not talking about thirty year old kids in downtown,
you know, businesses that are traders and things. I'm talking
to people that own a family farm. Folks were all
(32:42):
of a sudden very interesting because President Trump is very interested.
Has that affected your business? And how much is that
of How much has that affected bitcoin generally.
Speaker 2 (32:53):
A huge amount.
Speaker 3 (32:55):
Bitcoin is making a metamorphosis right now as it pertains
to who it's appealing to. It used to just appeal to,
kind of, like you said, the younger generation that was
trying to make a lot of money, exponential growth. It's
now appealing as a hedge, a serious financial tool for people.
Speaker 2 (33:17):
To hedge against inflation.
Speaker 3 (33:18):
So, for example, if you are a high net worth
individual and you're looking to hedge against the nine percent
inflationary cost of holding cash, well, you can put a
very small amount of your net worth into viitcoin, and
because it's performed as well as it has and continues
to it will outperform, even at a small percentage, the
(33:42):
entire inflationary impact that you have on your cash balance.
So it's an incredible tool to offset the economic environment
that we find ourselves in.
Speaker 2 (33:52):
As everything's going up in price.
Speaker 7 (33:55):
Nitcoin's going up in price a lot facter because that
has proven it's scarcity, and so there's twenty one million
that can ever be created, no more and no less.
Speaker 2 (34:07):
And so as everything I'm up.
Speaker 1 (34:08):
If somebody wants to talk for him, email me and
I'll connect you. And the gentleman Elvis has left the building.
Thank you, and good night,