I think the whole XRP thing is pretty ironic,
Speaker:to be honest. And it's designed for banking, like the whole point
Speaker:When you hear billionaires talk about investing in industries, they talk about investing
Speaker:into the market leader. If you're getting into crypto, Bitcoin is actually.
Speaker:Can you give us an insight today? What are some of the top
Speaker:meme coins that people should look and consider to
Speaker:buy? Only ones that I hold long term. I'm Matthew Fraser and
Speaker:this is Crypto Collective. After making millions with Amazon
Speaker:and e-commerce, I realized that if I was starting again
Speaker:today, crypto would be my first choice. I'm
Speaker:here to help you take your first steps and build real
Speaker:wealth. Ready to set yourself up for life? Let's go.
Speaker:Today, we have Crypto Vic, a Canadian digital strategist, content
Speaker:creator with over a decade of experience simplifying crypto
Speaker:and highlighting 200X meme coins on
Speaker:his channel. This is one you do not want to miss. Let's dive in.
Speaker:Well, Crypto Vic, welcome to Crypto Collective. Really
Speaker:appreciate you being here all the way from Canada. How are
Speaker:Yeah, you do so much in the content space. I want to say it's just
Speaker:incredible what you do. You're blowing up all over social media
Speaker:and I think because of the quality of your content. But
Speaker:you come from a digital marketing background before
Speaker:this. So what was it like coming from that space and then transitioning into
Speaker:Great question. Wow, you did your research. I feel like I'm talking to Nardwuar. Do
Speaker:No, no, Nardwuar is like this music interviewer. He
Speaker:interviews artists and he always pulls some random thing out
Speaker:from their childhood, like some album that they listened to when they were seven. And they're like,
Speaker:Yeah, exactly. Yeah, so I come
Speaker:from digital marketing and I think it's given me
Speaker:a big edge, to be honest. In 2017, I
Speaker:started a digital marketing agency. It was kind of part of
Speaker:the whole marketing agency online
Speaker:business model trend. I mean, it was
Speaker:more of like an Instagram agency at first, and that
Speaker:was my transition away from like producing music. So before
Speaker:that, I was actually producing music full time. And I learned
Speaker:a lot about marketing when you're like trying to market yourself as
Speaker:a music artist. You learn a lot about marketing, right? Because you're
Speaker:forced to have to gather attention. Anyway,
Speaker:I stopped producing music essentially to focus on
Speaker:my business that became because I learned so much marketing
Speaker:producing music and worked with clients for
Speaker:years, worked with some really interesting clients. I
Speaker:would say like the most interesting client that I had was a supercar dealership.
Speaker:So they had like McLarens and Rolls Royce and Lamborghinis
Speaker:and Aston Martins and we would go there
Speaker:and like film content of us just like turning on the cars and like revving
Speaker:their engines and stuff for social media. It was pretty cool. But
Speaker:COVID came and just completely nuked my
Speaker:business because it was all like local shops and
Speaker:like the supercar dealership, for example, was in
Speaker:the States, just over the border from me, but an
Speaker:hour drive from me. And of course, with COVID, they shut
Speaker:the borders down. So we lost 80% of
Speaker:our retainers in the first week of COVID. Just took a
Speaker:gut punch to the stomach, essentially. And
Speaker:I just had signed a lease on this big office.
Speaker:I had four employees, full-time employees in-house, not
Speaker:overseas type thing. And yeah, we were trying to
Speaker:like really scale and grow, and then COVID just nuked
Speaker:us. So we pivoted to like Facebook ads, and then I learned
Speaker:more about like digital stuff, got into kind of coaching programs and
Speaker:stuff like that, because that's really what we could do at that time.
Speaker:And then I was in a coaching program and I
Speaker:Yeah. And the guy was actually he was really smart.
Speaker:He was a really smart guy. And he basically really
Speaker:drove home the fact that we needed to be posting personal brand
Speaker:content every day. So I started posting personal brand
Speaker:content, like the most random stuff that you could think of
Speaker:about me. And in that whole kind of COVID isolation,
Speaker:I thought it'd be fun to build an Ethereum miner because I
Speaker:had some Ethereum, I had some Bitcoin and XRP very
Speaker:like, you know, not too deep into the space, but just kind
Speaker:of dabbling, maybe like three or $4,000 worth. And
Speaker:I built this Ethereum miner and I made a TikTok out of
Speaker:it. And it just blew up. It was like 300,000 views. Wow. And then I
Speaker:was like, wow, OK, well, I'm going to do more of
Speaker:that, because if I've learned anything, it's that if something works,
Speaker:Wow, that's amazing because, so much to take out
Speaker:of that, Vic, because I guess on the content side of things, of
Speaker:course, I'm gonna put up all your handles so that people watching this who are
Speaker:not already following you can find out what you're doing, not
Speaker:just in the crypto space, but I think more so from your content creation
Speaker:space, like you just, your videos are amazing, which
Speaker:is clearly, I've seen some videos there, they're millions of views, like
Speaker:millions of views, which is, it's just incredible. Isn't
Speaker:it interesting though, just when you talk about COVID, how many people talk about that
Speaker:as a pivotal moment when they went from something to something
Speaker:else, they transitioned from what they were doing to something else. And I
Speaker:think from another level too, Vic, it was actually an eye
Speaker:opener into peeling back maybe, hey, we're in
Speaker:this matrix and this is kind of not what we want to,
Speaker:what we're being told is perhaps not true. And did
Speaker:that have any impact then in your lead
Speaker:into crypto more so? Because I know that you had big issues
Speaker:with truckers having, you know, truckers and those
Speaker:Yeah. Yeah, funny you say that. So the original
Speaker:reason why I bought crypto was at the start of the
Speaker:pandemic, when I formally bought it. I bought some in
Speaker:2017 during that bull run when it was all over the news. I bought Litecoin. But
Speaker:it was on QuadrigaCX, which is an exchange that went under and
Speaker:it was a huge thing. There's a Netflix documentary about it, actually. And
Speaker:so I lost that. But in 2020, I bought Bitcoin,
Speaker:Ethereum, XRP because I went on this like psychotic deep
Speaker:dive into the banking system. And I learned that like
Speaker:fractional reserve banking existed and that our bank account deposits
Speaker:were just IOUs and how money is printed out
Speaker:of thin air and how even the insurance Like
Speaker:the federal insurance companies for bank accounts like they don't have
Speaker:enough capital to support the amount of bank accounts that there are so
Speaker:it's like like I just like freaked out and Had
Speaker:like a week of deep dive like mad scientist level type
Speaker:shit. I guess where is that? Okay, like I was
Speaker:like totally a mad scientist for a week and I I
Speaker:came to the conclusion, I'm like, okay, well, I need to own gold, real
Speaker:estate and Bitcoin. And that's just what I've focused
Speaker:Yeah, wow. You touched on XRP. So
Speaker:Okay. And why is it that then XRP holders
Speaker:I don't know if you saw one of my videos where
Speaker:I called XRP a CBDC. It's a very big video. It
Speaker:I saw a different video where it had a lot of views, and it was basically saying that XRP is
Speaker:Yeah, so I've made fun of XRP quite a bit. I'm
Speaker:kind of trolling, like in a way. To me it's really
Speaker:funny, the comments. Because in my
Speaker:video I'm very serious about it, right? I'm just stating facts about XRP.
Speaker:The ripple has been dumping XRP for years. It's a huge red
Speaker:flag to me. And it's designed for banking. The
Speaker:whole point of crypto is to get away from banking. What are we doing? So
Speaker:I think the whole XRP thing is
Speaker:pretty ironic, to be honest. I know I might offend people,
Speaker:but that's just how I view it. It's my personal opinion. I owned
Speaker:XRP. I made a lot of money on XRP. Well, in context
Speaker:of back then, what a lot of money was to me then. I
Speaker:made good money on XRP. I bought it at like $0.11 Canadian.
Speaker:I sold it at like $2.30 Canadian or something like that. Yeah,
Speaker:So before, we loved XRP. It was amazing. And then,
Speaker:of course, you understood more of the, I guess, the token and the fundamentals.
Speaker:yeah i didn't really like know what it was all i knew were like
Speaker:youtubers were just shilling it so hard and acting like it was
Speaker:going to go to a hundred dollars and i didn't know any better and i just was
Speaker:like whoa and i think a lot of people fall into that trap so
Speaker:i think with that video that we're kind of talking about i was really just
Speaker:trying to be an anti-voice in just a sea
Speaker:of Euphoric voices because at the time I dropped
Speaker:that video that was when XRP had its really big pump like
Speaker:four months ago or whatever whenever it was I forget what it
Speaker:went to but it's went nuts in the course of a week and
Speaker:everyone was like XRP and I was like,
Speaker:no one would do really well right now if
Speaker:I just like laid into XRP, because I have a lot of things I
Speaker:could say about it. So I did. And that's
Speaker:probably one of my funniest comment sections to read. I feel like a
Speaker:lot of people wouldn't be able to handle that. Like people calling
Speaker:I just think I just was there for the walls, bro. It was hilarious.
Speaker:Yeah, I put some question marks around XRP and then of course, I
Speaker:got attacked and I thought, this is interesting, just like you, I was like, I'm
Speaker:just gonna put out another video about that and it is just like
Speaker:a trolling the XRP army, right? They cannot resist
Speaker:commenting and there's always this, they make this sort of
Speaker:comparison between XRP and Bitcoin even though it's
Speaker:like comparing apples to oranges. Yeah, for sure. So
Speaker:tell people out there, Vic, because you've got 20 years of
Speaker:experience, you've been around for a long time. Why should
Speaker:people not buy XRP? And if you even
Speaker:want to relate to, why should they not buy XRP and put their
Speaker:Bitcoin is the market leader, right? That's how
Speaker:I look at it. When you think of like, when you hear billionaires talk about
Speaker:investing in industries, they talk about investing into the market leader. If
Speaker:you wanna invest into an e-commerce company, who do you invest into?
Speaker:You invest into Amazon. They're the market leader. They're gonna push the
Speaker:needle. If you're getting into crypto, Bitcoin is actually the least
Speaker:risky crypto to get into because whatever it does, everything
Speaker:else follows, right? so and we've seen that actually
Speaker:where bitcoin hit all-time high today and where
Speaker:is ethereum it's even solana where like we're not near solana's
Speaker:all-time high it's like 173 or something like that so that
Speaker:that's how i think of it and with xrp it goes back to just banking
Speaker:like banking fundamentally is broken
Speaker:that's why banks get bailed out And
Speaker:why create a system to make banks' transactions faster
Speaker:when we can reinforce the system where we remove banks out
Speaker:of the equation? To me, it's just a bad use of our
Speaker:effort as an industry. And not only that, but XRP and
Speaker:Ripple have a history of attacking Bitcoin.
Speaker:They've launched marketing campaigns around Bitcoin to turn
Speaker:it into proof of stake. And making Bitcoin proof-of-stake
Speaker:would destroy it. It would make it not as
Speaker:decentralized as it should be because if
Speaker:something is proof-of-stake, it can be regulated. Like,
Speaker:Ethereum is proof-of-stake now and it can be regulated
Speaker:just the way that staking pools
Speaker:operate within centralized exchanges. So, I
Speaker:think it's very problematic to be saying that
Speaker:Bitcoin should be proof of stake. You would literally destroy the most, like
Speaker:Yeah, right. Because I guess the proof
Speaker:of work for Bitcoin is one of the fundamental attributes of Bitcoin.
Speaker:Yeah, because like I could just get an ASIC miner and set it
Speaker:up in the Australian desert if I had power and
Speaker:no one would even know I'm there and I could be contributing and keeping the
Speaker:Bitcoin network alive, right? Like it could
Speaker:just be like a handful of nodes all over the world in
Speaker:the middle of nowhere and Bitcoin will be alive. There's nodes
Speaker:in space on satellites. and we
Speaker:could have EMPs going off and nukes going off on Earth and
Speaker:the ledger would still be functioning and it would still be solid
Speaker:because that's true decentralization. And
Speaker:you might argue, okay, yeah, there's mining companies,
Speaker:and BlackRock owns a lot of mining companies, and BlackRock owns
Speaker:a million Bitcoin, and Sailor
Speaker:owns whatever Bitcoin, so it's less decentralized because of
Speaker:that. But it's still, at its core, the way that it functions is, if
Speaker:I have a node, and I'm in the middle of nowhere, and I'm running it, like, it's
Speaker:Yeah. Now, this might be controversial to you because I know you're huge
Speaker:in the meme coin space. You talk a lot about meme coins. Now,
Speaker:when someone comes to me and they say, Matthew, should
Speaker:I put money into meme coins? I'm like, absolutely not.
Speaker:Now, mainly though, I come from this on the sense of because I
Speaker:don't know what I'm doing with meme coins. The average punter who's
Speaker:brand new into the crypto space has no idea what they're doing with meme
Speaker:coins and I always direct them into Bitcoin. But what is the argument
Speaker:then, Vic, of meme coins and why perhaps should
Speaker:Yeah, absolutely. So meme coins shouldn't be your whole portfolio.
Speaker:I think that's very unwise. And like I said, like the
Speaker:safest bit, the safest crypto to buy is Bitcoin because it's
Speaker:the market mover where the least safe cryptos
Speaker:to buy. If I open the trenches right
Speaker:now and i buy the first new pairs that pops up on solana that's the
Speaker:dumbest thing i could do in crypto right however like
Speaker:there is so many people there are millions of people right now who
Speaker:are wanting to get into meme coins because they've
Speaker:heard other people or seen other people post these
Speaker:crazy pnls of them making a lot of money which exists that does happen
Speaker:okay it's hap i've made a large chunk
Speaker:of money off of A two
Speaker:Vic, Vic, you can tell. What is
Speaker:the number? We want to know. You'll be talking to a small Australian
Speaker:I don't disclose my wallets. I don't disclose how much money I have. I
Speaker:just like, it's security, bro. People
Speaker:ask me for my public wallet addresses. I have so many wallets, but
Speaker:people ask me for that. And I just, I'm not comfortable giving that stuff away
Speaker:because the right person, you give that shit to Zach XBT and he's
Speaker:going to map everything out. And there's how many people like
Speaker:Okay. What is probably one of the best stories you've
Speaker:heard of someone making money, not yourself, but someone else making
Speaker:It's just you see it sometimes in the chat. You see these P&L statements
Speaker:of people bringing in like 10, 15 Solana, doing like a
Speaker:10x, a 20x. In my chat alone, like
Speaker:I've called literal 200x plays like in
Speaker:my group chat. Yeah, just like in the last couple
Speaker:months. Wow. About two months ago, we hit like
Speaker:Yeah. It's insane. People are going to listen to
Speaker:this, Vic, and be like, oh my god. This is now what's,
Speaker:So tell us then, Vic, for the people, because I know everyone's going to be
Speaker:watching this thinking, I want to get meme coins now, too. And
Speaker:I'm going to jump in. What is the first thing they must consider when
Speaker:Yeah, if you go in and you think you're going to make money, you're going to get literally
Speaker:scammed in 15 different ways. The biggest thing that
Speaker:I try to do is to educate people
Speaker:to protect them against falling into pitfalls of scammers. There's
Speaker:more scammers out there now than I've ever
Speaker:seen ever, and they're scamming in every way. They're rug
Speaker:pulling, they're sending fake trading bots that drain your wallet, they're
Speaker:impersonating me on telegram and messaging people. Hey,
Speaker:I'm Vic. Now they're like voice. They're actually calling them on
Speaker:telegram with these fake accounts. That's a
Speaker:whole thing. I've been dealing with that for years, but whatever. They're bundling,
Speaker:they're sniping, they are sending
Speaker:fake tokens to your wallet, and when you swap them, it drains your wallet. There's
Speaker:so many ways that you can
Speaker:get scammed with meme coins. So I actually have a
Speaker:video, how to identify scams. I
Speaker:think it's called how to identify scams with 100% accuracy. And
Speaker:that to me is like my that to me is like my most important
Speaker:video I've ever made. It has like 110 something thousand
Speaker:Honestly, I agree, dude. And I send that that video and
Speaker:my mods send that video to thousands. We've sent it to
Speaker:thousands of people in our chat because that's the biggest thing
Speaker:to me, man. It's like, OK, they're gonna go and they're gonna trade in
Speaker:anyway because they've already been convinced that they're the ones that
Speaker:are gonna hit that hundred acts player thousand
Speaker:next player whatever it is I
Speaker:am taking it on myself to figure out how are, how are the
Speaker:way, what are the ways that you can actually be successful? But the biggest
Speaker:thing is like, what are the ways that you can avoid all these pitfalls? What
Speaker:are some strategies you can use that like I've used to actually make
Speaker:some money in like a realistic fashion? Cause I'm not posting
Speaker:like, this is how you hit 1000 X
Speaker:every single day. Like, no, it's more, this is how you
Speaker:can actually make like a couple hundred dollars a day. if you
Speaker:if you use some of these strategies and the crazy thing is
Speaker:though that It's such a fast-paced space that a lot
Speaker:of the things that I've talked to in the past are like kind of outdated And
Speaker:they're like two months ago like it's crazy how fast things move
Speaker:and how much we're evolving as a culture in
Speaker:the trenches and I Yeah,
Speaker:How did you, Vic, how did you first discover meme coins? Because you said
Speaker:you had, we had XRP, but
Speaker:you obviously were committed to Bitcoin. You had some Ethereum, but then
Speaker:what was the switch then? What made you think, ah, meme coins, that's the way to go. Did you
Speaker:Yeah, that's pretty much what happened. I found Rizmus at
Speaker:about 550,000 a
Speaker:$550,000 market cap, and it ran, I think, to $90 million. And
Speaker:then I was like, if I could do that 100 times. Yes.
Speaker:And then I think the next week, I found one called Universal
Speaker:Basic Compute. And I did about the same thing. I
Speaker:found it at about 100k and I think it ran to like 50 million
Speaker:It was pretty crazy. And so what do you do? Because I ask everybody this because just
Speaker:for my own interest too, because I'm always trying to, I'm obviously navigating
Speaker:the crypto space and trying to figure out how can I attain more Bitcoin? What
Speaker:do I do once I have the Bitcoin? You know, should I be And
Speaker:I'm currently actually selling some of my commercial properties. I've got physical
Speaker:properties. I'm dumping those Bitcoin. I
Speaker:have a car collection. I've started selling off cars. Just
Speaker:Were you buying over the last couple of years? Or you
Speaker:No, no. I'm buying. Ever since 22 is when I
Speaker:got in after the last cycle, so after the peak of 21. Yeah, 22 is
Speaker:the best time to start. I was buying like at about, I think
Speaker:my very first trade was at about $66,000-$60,000 US,
Speaker:so it was after the peak and then I just bought all the
Speaker:way down, all through the bottom. didn't stop just
Speaker:like buy buy buy buy buy buy buy and then
Speaker:all the way sort of back up again and through that period was this
Speaker:like self-discovery of one of course coming out
Speaker:of covid and understanding money a bit more and everything's being
Speaker:deep currency being debased and inflation everything then
Speaker:it was I've been basically told a lot, all these properties I'm
Speaker:holding come with huge risk. We have issues here, of
Speaker:course, with land taxes and government controls and things like that.
Speaker:And of course, the yields are shit. And I've got maintenance issues and
Speaker:tenants and all this kind of thing, right? But the Australian dream is
Speaker:actually to buy property. That's what we've been led
Speaker:to believe for decades. I'm sure it's probably similar in Canada.
Speaker:Just quickly, today's episode is brought to you by CoinStash. And
Speaker:with CoinStash, setting up an SMSF account to
Speaker:invest in Bitcoin and crypto is simple. Their dedicated SMSF
Speaker:team ensures same-day account setup with personalized support
Speaker:every step of the way. So once you're set up, you'll have access
Speaker:to Bitcoin and over 1,000 digital assets. You
Speaker:can trade directly on the platform or access their premium OTC
Speaker:desk for larger trades. Best of all, CoinStash is fully
Speaker:compliant and Australian-owned and operated, so you can invest
Speaker:your super with confidence. I personally use CoinStash for
Speaker:my SMSF investing and I've been seriously impressed with
Speaker:both the service and the platform. Hit the link in the show notes and
Speaker:book your free call today. Let's get back to the episode. And then through
Speaker:this peer, I tell you this interesting story. One of the things that I did in
Speaker:the very beginning was I had a friend who was into crypto and I was asking him about it. And
Speaker:I've had success with Amazon. Funny enough, we talked about Amazon before. I've made lots
Speaker:of money with Amazon. And the thing I did though was
Speaker:I went and got educated. I got educated by like what you said
Speaker:with your content or your coach, your coach
Speaker:coach. I went and got coached on
Speaker:Amazon. Yeah, and then I had
Speaker:success from that. I would have spent in
Speaker:the vicinity of $30,000, $40,000 in coaching on Amazon. Was it
Speaker:FBA? Yeah, FBA. What did you sell? I
Speaker:ended up, well, I started off with some products that obviously turned out to be shit. And
Speaker:then I moved into, I discovered a medical device, which
Speaker:I then signed an exclusive contract on, because it wasn't on Amazon, and
Speaker:have since done between 60 and $70 million in
Speaker:sales on that in the last few years. So, hence why
Speaker:I then started buying up all this commercial property. That
Speaker:was where I was putting the money. Yeah, thank you. And
Speaker:then it was the, okay, I need to know more about this
Speaker:crypto thing. I'm going to go and get coached on it,
Speaker:rather than just like throwing all my money in, right? And you know what resonated
Speaker:with me, what you said before, the first thing they taught me was how
Speaker:to protect the crypto. You know,
Speaker:cold wallet storage, look out for scams, et cetera, et cetera. That's the first
Speaker:thing they teach you. The friend of mine who didn't get
Speaker:educated in the space, who just knew what he knew, right, lost
Speaker:all of his money in the Celsius collapse. Brutal
Speaker:had all of his life savings was in the tune of 60 grand
Speaker:There were a lot of warning signs, though There were a lot of warning signs that that was gonna happen
Speaker:depends if you're this is the thing that to Vic is
Speaker:you've got different levels of people who are involved in crypto, like some people just
Speaker:have it there and they're just off doing their day job and they come back in a month and look
Speaker:at their account, right? And in comparison, you've
Speaker:got people like you and me who like every spare second of the day is like, how
Speaker:can I buy more Bitcoin or how can I learn about, in your case, more meme coins or
Speaker:something. And so, this transition, so this
Speaker:is this whole transition for me, then I moved into Um self-managed
Speaker:super funds, right? So we have superannuation in australia You
Speaker:You have to allocate to it You have to allocate to
Speaker:that the government regulates that your pay. Okay.
Speaker:Like yeah, but yeah, we have we have a pension you it's like a government
Speaker:This is putting money aside so you don't have to rely on a pension That
Speaker:is the essence of the superannuation scheme And
Speaker:they like literally make you do it Yeah, so the employer siphons
Speaker:off part of your salary At the moment, it's 12.5% and puts that into
Speaker:the unions who controlled the Labor
Speaker:Party in Australia, which would be the equivalent
Speaker:Yeah, the liberals. You guys have the same elitist cult
Speaker:We've got to play on words here, though, because the Labor Party sits on the left of
Speaker:politics, which is your liberals. And we have a liberal party, which
Speaker:is actually the conservative party. You
Speaker:It's weird, because it feels like the Labor Party should be conservative.
Speaker:Well, they used to be. They used to be a bit like the Democrats were
Speaker:for the working men. And now it's switched, where the Labor Party
Speaker:is more for the elites. and more control. And
Speaker:so the scam of the superannuation system is
Speaker:that you're mandated to put this money into a fund that
Speaker:you cannot touch until you get to basically 67 years old.
Speaker:So that fund is then allocated into anything
Speaker:but crypto, not Bitcoin, just in your stocks, Australian
Speaker:You can allocate it as to riskier and non-risky. That's
Speaker:pretty much it. You can't say put it into Tesla, put it into Meta or whatever.
Speaker:You can't do that. And what if you're self-employed? If you're self-employed, you
Speaker:can allocate to that, so that's called an industry super fund, right, where
Speaker:they basically just control it for you and you can just get on with your day. Separate
Speaker:to that is what's called a self-managed super fund, where
Speaker:you, as an individual, whether you're an employee or a self-employed
Speaker:worker, yeah, you own your own business, you can allocate what you
Speaker:want. So what you can now do, and this is what I've done, is
Speaker:I've moved all of my industry fund super into
Speaker:a self-managed super fund, which I take control over and I've allocated
Speaker:all of that essentially future pension money
Speaker:I thought you said you couldn't do that. Or
Speaker:You can't do it under an industry super fund, but if you take
Speaker:control under a self-managed super fund, so
Speaker:I can't make this up, because you're going to just be like, what the fuck?
Speaker:So what's happening right now, this is happening today, this is the discussion
Speaker:all over the news, is the current federal labor government
Speaker:has now wants to bring in a new unrealized capital
Speaker:So they're going to force you to invest, and then they're going to take,
Speaker:It's not just even a tax on profits. It's a tax on
Speaker:They're trying to do the same thing in Canada, unrealized gains as
Speaker:But Australia and Canada, we're at the same level of corrupt, ridiculous
Speaker:bullshit. Didn't you just have an election and they shouldn't have won too?
Speaker:I saw a video that
Speaker:you did and you said we cannot we cannot reelect
Speaker:the current Liberal yeah party we
Speaker:I don't believe we did I think that there was other things that happened, but
Speaker:I've decided I'm done posting about politics. It's just too It's too
Speaker:I'll do this Yeah, well, this is this becomes the problem. Sorry. I'm sorry. No,
Speaker:no, but you're totally right though Vic. I And I get so worked up
Speaker:about this because we're literally debating this issue right now. Everyone
Speaker:in Australia is trying to work as hard as they can to build up a retirement in
Speaker:a superannuation account, whether it's self-managed or other, so
Speaker:they're not a burden on the taxpayer by drawing a pension in the future. Then
Speaker:the goalposts shift and they say, it's literally, you're
Speaker:earning too much. You've got too much wealth now. We
Speaker:want to now take some of that. And guess what the threshold is, Vic? It's
Speaker:literally $3 million. That is now considered rich.
Speaker:Okay, the average house in Sydney, Australia is two million dollars
Speaker:Okay, so we're not talking we're not talking 300 million
Speaker:It's insanity It's because they want to shrink the
Speaker:middle class so it doesn't exist anymore. And then they want two classes
Speaker:They want the elite class and then they want everyone else and they they want
Speaker:to make it so that You need the government for
Speaker:everything Because then they control you and they're gonna
Speaker:implement digital ID. They'll implement credit
Speaker:system They'll implement a CBDC and then
Speaker:Yeah, that's it. Yeah. Yeah, I'm gonna throw
Speaker:Well, I'm gonna throw one more spanner in it because this is gonna blow you away on
Speaker:top of this because he talked about the elites, right and the
Speaker:people who are exempt from the unrealized capital gains tax,
Speaker:the politicians, the judges, and the bureaucrats. Yeah,
Speaker:I can't make this up. That's
Speaker:fucked, bro. I'm surprised there's not marches in the street with pitchforks.
Speaker:They won't do it, because everyone's scared, bro. Everyone is just so
Speaker:scared of them. Trudeau made an example, and the whole
Speaker:I want to bring it back to Vic. This is the problem. It's
Speaker:because people like me and other people even in my
Speaker:community, because I help bring people from the industry super fund
Speaker:into self-managed super fund to allocate to Bitcoin, the number
Speaker:one asset. And now the Bitcoiners like
Speaker:me feel like we're under attack. from our government trying to
Speaker:steal our Bitcoin. Let's get back to, let's get
Speaker:back to, you said before, which I love, I'm just gonna get as rich
Speaker:as fuck and make so much money that I don't have to worry about all this political shit.
Speaker:Tell us, what is your strategy? How can
Speaker:That's what you're doing. Content. Content,
Speaker:100%. Okay, so, do you know
Speaker:Okay, he's my GOAT. I'm just gonna say that. Alex
Speaker:Ramosi's my goat. There's no other goat above Alex Ramosi. Maybe
Speaker:Cristiano Ronaldo, but Alex Ramosi's my goat, okay? And
Speaker:he says that there's six different types of leverage. And
Speaker:leverage is the most important thing. Because if we had this conversation one-on-one,
Speaker:only we would value from it. But you have leverage of this being media.
Speaker:So now, I don't know how many people will see it, but we've multiplied it by that many
Speaker:people. That many people can get value from this conversation, right? Leverage
Speaker:is the most important thing in business. It's the most important thing really in
Speaker:the world, right? How many outputs
Speaker:you can get for every input that you put in. So if
Speaker:I have one conversation with someone like this, and
Speaker:I make a really good point, only they learn. But
Speaker:if I make a video of it and I post it on the internet, maybe
Speaker:millions of people will see it, maybe millions of people will learn. That
Speaker:is the best form of leverage. The greatest forms of leverage from the
Speaker:Hormozi says is media and software. So
Speaker:media, like I just described, software
Speaker:does a very similar thing. I can make software once and
Speaker:like Facebook, billions of people use that. They
Speaker:make Facebook once. They don't make it billions of times and it
Speaker:scales to a billion people and their infrastructure can support it.
Speaker:So the difference though is that software has a
Speaker:very high barrier to entry. It's very expensive to create it. It's
Speaker:very technical to create it. You gotta be an expert. You gotta know what you're doing. You have to have
Speaker:a really good idea. You have to pay for cloud space. You have to pay
Speaker:for staff, all that stuff. With
Speaker:media I could literally make TikToks on my phone
Speaker:that I already have and TikTok is free and
Speaker:just like thousands if not millions of
Speaker:other creators online develop a following and monetize
Speaker:it and the only thing that I
Speaker:need to do is take action on the media. So therefore, creating
Speaker:content, creating media content is the highest
Speaker:leverage thing that you could do from a leverage standpoint.
Speaker:Now, when you think about where
Speaker:the money comes from, from media, you
Speaker:need to isolate it. The money comes from, in
Speaker:media, primarily from advertising. The advertising
Speaker:industry runs the world. People don't realize that banking
Speaker:and advertising run our existence. They
Speaker:say that you see like 10,000 ads a day or something like that. If
Speaker:you go to Times Square, why is Times Square so famous? Because there's ads all
Speaker:over. What, how does Facebook make
Speaker:money? How does your favorite sports team make money? How do
Speaker:magazines operate, radio stations, television stations? It's
Speaker:all advertising. Without advertising, they would not make money because
Speaker:business owners need to get in front of consumers or other businesses,
Speaker:depending if you're B2C or B2B. You couldn't operate your
Speaker:Amazon business without the eyes that Amazon brings to you. And
Speaker:then if you had to do it on your own through Shopify,
Speaker:you would have to buy Facebook ads. In
Speaker:advertising, there's a very, very important metric called CPM, cost
Speaker:per 1,000 views, cost per mille. Mille,
Speaker:I think, is Latin for 1,000. Depending
Speaker:on the industry that you're in, the thousand views
Speaker:that you buy varies drastically. So if
Speaker:I were to purchase ads for kids
Speaker:toys, the ad costs would
Speaker:be very low because the kids are not the decision
Speaker:makers. So if I'm targeting ads towards kids, which is very hard
Speaker:to do, by the way, like you have lots of regulations around
Speaker:this example, but let's just say there isn't. I
Speaker:could pay $1, $2 per thousand views
Speaker:for my ad with that CPM for that
Speaker:audience. However, what is
Speaker:the most lucrative CPM? And
Speaker:that's someone who has spending power and is
Speaker:going to purchase something that has an insanely high
Speaker:ROI and do it over and over and over again. Traders,
Speaker:right? Crypto. I would say crypto
Speaker:probably has the highest CPM out of any other industry. I
Speaker:don't know exactly, but I can't think of a higher one. Because
Speaker:some of the deals that I see are crazy. Some of the deals
Speaker:Tell me, what sort of deals? Tell me. Give me some numbers. I
Speaker:can't give you numbers. What are the crazy numbers? Don't give me
Speaker:brands, but what are some of the crazy deals you've seen to
Speaker:I charge tens of thousands of dollars if you want my
Speaker:Yeah. And you should be doing this too, bro. Like
Speaker:Well, I do have sponsors reaching out all the time because
Speaker:I mean, you just hit the nail on the head. There's obviously there's a big appetite within
Speaker:the crypto space to get in front of eyeballs through creators like yourself
Speaker:Now there is a very strong nuance that I need to
Speaker:focus on quickly before someone takes this the wrong way, is
Speaker:that you have to disclaim your partnership. Which I
Speaker:think is a massive issue with a lot of influencers in
Speaker:crypto, is that they don't disclaim, they don't tell, I
Speaker:have a material obligation here to
Speaker:create this content because I made a deal with a brand or a
Speaker:project. Any project or brand that I work with, I'm
Speaker:telling my audience, I'm in front, this is a partnered video. I did one
Speaker:yesterday actually. There's a project that I did a video
Speaker:for and it's a trading platform and
Speaker:also they're making their own blockchain and they have
Speaker:their own token. So it's called Zignali. So
Speaker:I did a video for them. I charged what I charge, posted
Speaker:on my stuff. In the video, bro, I literally have
Speaker:a legal paragraph that I put on the screen
Speaker:that says, disclaimer, Signalee is a partner of this video. They paid me to make this
Speaker:video. In my teller, I might say, this is a partner video. That's how
Speaker:you have to do it. If you don't do that, you're shady, bro. Like,
Speaker:what are you doing? Like, that's just, and it's also illegal, by
Speaker:the way, if you're an influencer to do a brand
Speaker:Yeah, we always say partnerships, which
Speaker:obviously makes it very clear. But also, I think
Speaker:the shady part more so is, I'm going to
Speaker:relate it back to XRP again. You've got a lot of people who I understand get
Speaker:I don't know. I've never talked to
Speaker:anyone that could confirm that. I mean, probably. I've
Speaker:heard of other big projects. I know of other big projects for a fact. I
Speaker:did a campaign with Polkadot. I obviously told
Speaker:everyone in the video that they're the partner of that video, but I did a campaign with
Speaker:Like I said, advertising runs the world. And crypto
Speaker:projects, crypto brands, if you promote something and it's a
Speaker:complete like scam, then you're an idiot and you didn't do your
Speaker:due diligence and you led your followers down the wrong path. And you
Speaker:should reevaluate the way that you take on deals.
Speaker:So let me let me bring this back then. So there's the strategy for
Speaker:yourself then, let's say, to become extremely
Speaker:rich. I can't remember the term you use. Really fucking
Speaker:rich. Rich is fine. Thank you. Yeah. Is
Speaker:basically monetize the channel, make money through
Speaker:meme coins. And does that mean the next step is you rotate that
Speaker:Hmm, I like real estate a lot. I own two properties. I know that you're kind
Speaker:of getting out of it. But the way that I see it, the
Speaker:price of real estate will only continue to go up because the
Speaker:dollar is so trash that the value of the dollar will only
Speaker:continue to go down. And real estate is valued
Speaker:in terms of how many dollars there are. So
Speaker:like a house that you bought for $300,000 10 years ago, it went to a million dollars, not because the house
Speaker:got three times bigger, but because the dollar got three times
Speaker:shittier because of COVID, right? Because of money
Speaker:printing, because of the 2008 crisis
Speaker:or whatever, there's lots of reasons. They do quantitative easing. They
Speaker:So Vicky, you're thinking about, okay, you've allocated into, let's
Speaker:say property, you're stacking more Bitcoin, I'm guessing, than
Speaker:with some of the profits that you're making from Bitcoin, Solana, ETH,
Speaker:Okay. And so what then happened, because this has happened to a friend of mine, he's
Speaker:extremely Well off, doing very
Speaker:well, holds a lot of Bitcoin, sold all of his commercial
Speaker:properties including his house and he said, you know what, I'm not
Speaker:doing this anymore and shipped off to Cyprus. Mainly
Speaker:because of the way he was being treated in Australia with the government trying
Speaker:to come down on him at every turn, trying to take their peace.
Speaker:He also just likes the idea of being in a central
Speaker:part of, around Europe where he's accessible to
Speaker:UK, France, Germany, et cetera. And
Speaker:the tax regime in Cyprus is
Speaker:quite low. My understanding is it's 12 and a half percent on company
Speaker:earnings, zero tax on dividends, zero
Speaker:capital gains tax. And you only have to live in
Speaker:Cyprus for two months of the year to be a tax resident. Oh,
Speaker:damn. Yeah. So I'm going to say when
Speaker:you're thinking about, you know, also being free, does that come into play? Like
Speaker:if you buy property, it's like, oh, actually, now I want to leave the
Speaker:country. I can't just pack up my Bitcoin and go.
Speaker:I don't have the intention on ever selling any of my properties. I'm
Speaker:just going to keep loading them up. That's really my goal. I'm
Speaker:just going to keep buying them. The way I look at
Speaker:it with real estate, I get what you're saying about real estate. There's a lot of baggage that
Speaker:comes with it. The way I look at it, though, is that the
Speaker:most amount of millionaires in the United States became
Speaker:millionaires from real estate by a long shot. And
Speaker:I assume most of those people are not super intelligent. They're
Speaker:just kind of normal people who follow the system of
Speaker:get a house, increase the equity, go
Speaker:back to the bank. get a line of credit, buy
Speaker:a second house, increase the equity, repeat, burr,
Speaker:repeat. And that's what I'm doing. And I'm
Speaker:learning a lot too. Like I'm learning a lot about how
Speaker:the banking stuff works, but also like how to actually fix things
Speaker:and build things and renovate on my own without having
Speaker:Oh, you're crypto, not just crypto Vic,
Speaker:And this
Speaker:is guys is how you this is how you hammer a nail oh my gosh today
Speaker:I did a photo shoot for my from for YouTube thumbnails today and
Speaker:I got one photo back from the guy and I like
Speaker:it's just a very like I have this like very like boyish like look on my
Speaker:face and I love it I thought it was a great photo And I posted it on
Speaker:X and I wrote boyband Vic and
Speaker:then like seven meme coins came out that were boyband Vic
Speaker:and one of them ran up to $50,000 market cap. I thought it
Speaker:was the funniest shit. That's like one of my dreams, bro.
Speaker:I'll tell you, you know you're in the big time when anything you tweet becomes a meme coin.
Speaker:Not yet, but that was like the first time and I was like, I was so happy. I
Speaker:didn't, I don't, I just let everyone know I had nothing to do with that. I didn't even know.
Speaker:One of my mods sent it in the chat and was like, look at this. And I was like, oh
Speaker:That's brilliant. That's brilliant. And well, that being said, then I guess the next question
Speaker:is, is CryptoVik going to be releasing his own meme
Speaker:Um, I did do a believe coin. So do
Speaker:you know about believe? So there's a thing called launch
Speaker:coin on believe. Basically, you can tweet at
Speaker:launch coin and then just the name and it will create a meme coin just
Speaker:from your tweet and The day it came
Speaker:out it came out like last week the day it came out like I literally could
Speaker:not resist myself like I tried to resist myself to not
Speaker:do it because I don't want to launch any meme coins like I don't
Speaker:want to launch I I do actually want to but I
Speaker:Yeah. The calls that launch coins all the time,
Speaker:they have a really bad reputation because if they rug
Speaker:or if they don't do well, there's lots of PVP and it just goes
Speaker:So I've said for a long time, I'm not going
Speaker:to launch anything. At one
Speaker:point, I was getting asked multiple times a day. I've
Speaker:decided no, but I did a launch coin on believe and
Speaker:That was a day it came out and these coins were going nuts Like everything
Speaker:everything that was getting minted was running up to like 1 2 million dollars and under
Speaker:a minute. It was nutty yeah, and
Speaker:I so I did one and The
Speaker:technology was very new Do you know like
Speaker:the bonding curve moving to migration and how pump
Speaker:fund tokens work? So with pump fund tokens, there's something called
Speaker:the bonding curve, which is the first kind of stage of a meme coin. It's
Speaker:usually from, depending on the price of Solana, from $4,000 market
Speaker:cap all the way to like $70,000 market cap. Once it reaches $70,000 market
Speaker:cap or whatever the bond price is, all the liquidity in
Speaker:that bonding curve gets bundled up and moved over
Speaker:to pump swap now it used to be radium but pump swap and
Speaker:that's an actual liquidity pool so it gets it turns into like a
Speaker:real coin and he gets a ton of attention so launch
Speaker:a coin on believe does the same thing it has a bonding curve but the bonding curve
Speaker:is kind of shaped differently so it kind of it can get fat like get more
Speaker:traction faster it starts at $24,000 market cap instead of $4,000 market
Speaker:cap but it runs up to the same $70,000 level And
Speaker:so I make it, and I tweet it, I make it, I go
Speaker:over to LaunchCoin to try and buy it, and
Speaker:it was already bonding. Like in under 5 seconds, snipers
Speaker:put over $100,000 worth of liquidity into it. They
Speaker:sniped up $100,000 worth of it. And
Speaker:I was like, what just happened? I kind
Speaker:of made it known I was going to launch it, but I did not think that
Speaker:was going to happen. $100,000 liquidity in the first five seconds is stupid.
Speaker:And the tech was really new.
Speaker:Usually bonding, that migration process takes a few
Speaker:So I was telling everyone, I'm like, do not buy this. The moment this
Speaker:thing bonds, those snipers are going to dump it. It's going to go to zero. Don't buy it. And
Speaker:Let me ask this then. You said, do not buy this. But can you give
Speaker:us an insight today? What are some of the top meme coins
Speaker:that people should look and consider to
Speaker:Yeah. I think one of the only ones that I hold long term is Fartcoin
Speaker:because, It
Speaker:has utility bro, the utility is people are just like shut
Speaker:up. Yeah, like when it's on the
Speaker:news and People like fart coin just hit
Speaker:two billion dollars of market cap
Speaker:It's a flywheel, dude, it's a flywheel of like what
Speaker:the fuck you know, I mean that's That's
Speaker:There you go guys, you've heard it first from Crypto Vic, the man, the
Speaker:meme coin guy who is all over this stuff. He
Speaker:Yeah, but don't buy it. Just like, you know, be safe with your money.
Speaker:Go buy bonds. Don't buy meme coins, bro.
Speaker:Just go buy Bitcoin and bonds. and a
Speaker:Yeah, that's awesome. Vic, I've got to wrap up this call. You've been
Speaker:absolutely incredible. Tell me, for people who
Speaker:do want to find out more about meme coins, perhaps you
Speaker:Yeah, so go check me out on YouTube, Crypto Vic. In
Speaker:my YouTube videos, my biggest YouTube videos about meme coins, you'll have
Speaker:a call to action for my Telegram group. Definitely join the
Speaker:group and the community. There's a group chat in there. Currently, we're at
Speaker:around 9,000 people in the chat. Huge chat. 24-7
Speaker:people are trading, asking questions, new beginners, people that
Speaker:are very experienced. We have whales in there.
Speaker:We have developers who launch tokens in there, too I don't really let
Speaker:them launch in there anymore, but they have And yeah It's
Speaker:just we're just trying to do something positive man and put god at the at the
Speaker:center of everything here because I think that This this industry can
Speaker:get so evil bro. And like you really gotta uh,
Speaker:you gotta look at what it is It's a fast track to get somewhere if
Speaker:you do it, right and if you're in it now even if you lose money this cycle just
Speaker:stay here, bro, like don't leave don't
Speaker:go and forget about it keep learning keep getting your
Speaker:hands dirty stay in the big tokens that Solana Bitcoin
Speaker:and and the future you will literally thank
Speaker:you because the the future is going to be crazy and
Speaker:it's gonna need crypto in order to survive as we talked about with Australia and
Speaker:Canada Bitcoin is is going to be just
Speaker:a pathway to freedom for a lot of people like privacy
Speaker:tokens like Monero are definitely worth looking into as well when you're dealing
Speaker:with elite governments like this. Definitely
Speaker:good things to look into. So yeah, that's what I have to say. My finishing thoughts here.
Speaker:Awesome. Thank you so much, Crypto Vic. I think on those final words is we
Speaker:Thank you. Thanks for tuning in to Crypto Collective. If you've enjoyed
Speaker:this episode, the best way to show your support is to leave a five-star review
Speaker:on Apple Podcast or Spotify and make sure to subscribe to
Speaker:the YouTube channel so you don't miss an episode. You can also find
Speaker:more of me at I'm Matthew Fraser on