Transcript
A (0:00)
Notice I've taken you through Gold Land stocks and now Derek, I look back and I have always wondered for the individuals in our community who feel like they are priced out of maybe buying land or buying multiple real estate properties, what opportunity do they have to create generational wealth? And I waited all of my life diligently searching chain for the answer and in 2016 I stumbled upon it. Derek, the answer is Bitcoin in your view? Yes.
B (0:43)
Gold Land stocks, Bitcoin, which one grow my money faster.
A (0:48)
Bitcoin by far.
B (0:50)
Over what period are we looking at?
A (0:53)
I want people to think about bitcoin in centuries. Ideally I want them to think about it in centuries. But let me just say this. 2017 one Bitcoin was 3000 cities or 3000 US dollars today. 3000 cities in 2017. Today Bitcoin is roughly about 90,000 US dollars and approximately. So the actual number is 960,000 cities but approximately 1 million cities. So someone could have taken 3000 cities, invested it in Bitcoin in 2017 and they will have 1 million Ghana cities today in the in the same way someone in the US would have invested $3,000 and they'll have close to US$100,000.
B (1:49)
For those that don't understand what bitcoin is, what is it?
A (1:54)
Bitcoin is the first digital asset, or if I should expand on it, it is the first digital scarce asset. This is the first time that we have a property that is something you can't see and that's something that many people have a problem with. My close friend Anwar Hans me, I don't Bitcoin, I can't even see it. I can't touch it. I like to feel my money. I want to walk to a property, touch it and know that it is there. I say to him, do you think the world is becoming more physical in nature or more digital? And if you say digital, with the advent of AI and all of these incredible technologies, if you think the world is becoming more digital, then my simple answer for you is do you own any digital wealth? Because if the world becomes solely more digital, it's the holders of digital assets. They are going to be the pioneers. The Andrew Carnegie's, the John D. Rockefellers over the next 10, 20, 30 years.
B (3:07)
Why are you so sure?
A (3:11)
I have studied this asset class on average three to five hours every single day since 2016. In fact, 2016 I discovered this asset skyrocketed up and then fell about 60, 70%. And I said, who this thing is a scam. I knew it was A scam. So I ignored it for About a year, 2017, I was going about my day and this article popped across my screen and it said that the individuals who had invested in PayPal, Peter Thiel and you know, his buddies, they were coming together, creating some kind of consortium to invest in bitcoin and other digital assets. And I said, why are they investing in this scam? So it's one of two things. It's either me, Hans, I don't know what I'm talking about, so I'm wrong, or they, the billionaires are wrong. So who could be wrong? Obviously, if you judge by our net worths, clearly it was me. So what did I have to do? I had to be humble enough to go and educate myself in the bitcoin space. It's called going down the rabbit hole. So I went to study Bitcoin digital assets every single day, three to five hours a day at 2x speed, to understand it. And I still do that up until today. Well, as you know, here for family.
