Why on earth would you go homeless to put more money into

crypto? I really just saw the potential in it. What made you choose crypto

So I chose it because I like the struggle. I've turned down a

bed in their guest room to sleep here in the Tesla because I feel

like I don't need it. Wow, that's incredible. No more apartment. We're just going

to take that extra money from rent, dump it straight into the market. My goal

is to take the money that I have in crypto, I want to scale it up to around $60,000 to

$70,000. If I hit $60,000 to $70,000 regardless of whether I

I'm Matthew Fraser and this is Crypto Collective. After

making millions with Amazon and e-commerce, I realized that

if I was starting again today, crypto would be my first

choice. I'm here to help you take your first steps and

build real wealth. Ready to set yourself up for life? Let's

go. Hey, guys, welcome to this episode of Crypto Collective. I've got an amazing

guest today. His name's Ken and he's from the USA. Now,

Ken's claim to fame right now is he's not just a superstar all

over social media right now, but he's also living homeless

to save more money to go into crypto, which is incredible. Now, Ken, tell

me, welcome to this episode. Why on earth would you

Thank you. Thank you. I really just saw the potential in it. And I, after

kind of learning a little bit more about blockchain and how that works and

how it's going to become part of the new financial system, I spotted

this back in early or late 2023. And

I tried as hard as I could to save as much money to go into it. But I

mean, it's kind of hard to survive in this economy right

now, especially in California. And so I was struggling

to get by. And eventually I was like, you know what? Something's got to change.

I got to dump big money into cryptocurrency and

I need to cut a major expense to do it. And so that's when I decided at

the at the first of twenty four and twenty five, the first of January, I

was like, you know what? No more apartment. We're just going to take that

Wow. And so was there at the time when you decided to do that, because obviously a

really big deal, was there a lot of sort of backlash, you know, from, I guess,

family and friends, you know, because I think if people were thinking

they're going to do this, like what are other people going to say about me? Was sort of that mental mindset

My mindset is a little bit different than most people. A

lot of the influencers that I look at online, like Alex Hormozy,

or like my mentor at the moment, his name is Joe,

and both of them, before they became multi-millionaires, had

to go homeless in order to make their dreams happen. So for me,

it's kind of like this rite of passage into entrepreneurship, is

going homeless and making that sacrifice so that way you can

have what you want later on in life. But as far as like my

parents and my family, My parents still don't

like me doing this. Like, every time I go over to their house for dinner, they're

like, so, so Kenny, when, when are you gonna, when are you gonna get an apartment again?

And so tell me, Ken, like when you actually made that decision, moving back to

parents' house, moving in with a girlfriend, sleeping on

a couch, were they options, like free options, or

So my parents had told me they did not want me to move back in.

Not that I have like bad blood with them or anything like that, but that's just kind

of like, they want me to be on my own. They want me to be out here

making it happen. And if I would have been like

going homeless because I couldn't afford rent, different story.

Maybe they would have let me come back in. But the fact that I was intentionally

giving up an apartment just so I could save more money and I'd be taking advantage

of not paying rent by living with them and they're retired. So

it's like we would be in close proximity like all the time if that happened.

Yeah, no, they weren't they weren't down for that. And so They were like, we'll support

you. They put me up at a hotel my first, I think, three days

when I was going homeless, because I actually got really sick around the first

of January. So they paid for a hotel room for the first three days. And

every now and then, they've offered to let me sleep there for a couple nights. But

actually, I like the struggle. I've turned down a bed in

their guest room, my old room, to sleep here in

Wow, that's incredible. There is something to that though,

Kim, because I know just thinking about my own life, when

you've got your back up against the wall and it's kind of like there's no

options, like you have to make this happen, I feel that people

kind of sort of pull out all stops. right

and they actually do because what I talk I've talked to some friends for

example right they live they've got um these government jobs we

call it the golden handcuffs right they've

got enough money just to get by but they really don't have enough money to

sort of climb out of the matrix But they just

can't bring themselves to climbing over that

hurdle because it's just too comfortable. They don't want to have

to cut back. They certainly wouldn't want to do what you're doing, like going

homeless. So that's really interesting. So how long have

you now been living, and you're living in your car, right?

Yeah, so this is day 89. We're coming up on

the end of month 3 here. I started on

Wow, and so how's it going? What is it actually like living out of

a car? Because the first thing I think about is, what about the bathroom? Where

Well, when I started, it was really uncomfortable because

I was new to it. I didn't really have it ironed out yet. You

obviously kind of develop some patterns and some habits and you kind of figure out

what works and what doesn't. I started sleeping in the back of my BMW.

And that was super uncomfortable. It was super cold. I would have to turn the

car on at night and just leave it running. So that way, like

the heater would be on. I wasted a bunch of gas that way. And

I was parking. I would try parking in like different spots where I

thought that it would be like discreet. But I would always have the cops coming

up on me. The cops would be like, hey, you got to move. You can't be here. I'm

moving in the middle of the night. I'd be exhausted because I have work the next day. I

jumped between like 20 different sleeping locations in my first like two

months. It took a while to find somewhere where like the cops will

leave you alone as long as you just kind of don't bother anyone. Um, as

far as going to the bathroom goes, like you just kind of got to plan it. All

right. Like before, if I know that I'm not going to be leaving

my Tesla like for the rest of the night and I'm going to be sleeping, I'll

go to the bathroom before I come back to my Tesla. So

And do you find like, are there other people that as you've gone down this journey who

are also sleeping homeless to put more money into crypto

So you're like leading the way. I don't really think anyone's that. You're the inspiration amongst

I think so. I mean, I've talked to a couple of other people. There's someone right here

actually, I mean, out my windshield. He leaves his car here

and he sleeps here time to time. But I don't think he's doing that to

So Ken, tell us just for the people who are listening to this, because I

just want to say too that, you know, in Australia, we have this same issue, right? There's

a cost of living crisis here. There's also a rental housing

crisis. So, you know, we've got a lot of these immigrants that have been

imported into the country. You would argue against probably most

people's will because we've got a shortage of housing. So

there's pushed more people, not because they want to go homeless, but because

they kind of have no alternative but to go live in

their cars. I want to know, sort of like, what would you say to I

want to sort of break down the numbers, right, of actually what does it

mean to go homeless, how much money are you saving,

and therefore how much can you put in? Because I know the other day you talked about, you

know, you were doing your, it might have been when you were driving for some reason,

and your Tesla battery, is it, has gone kaput, and

Yeah. So it's my, my BMW battery. Cause

my BMW is a hybrid. The BMW is out the window right here. I

have, I park it next to the Tesla when I sleep. Yeah. As far

as like money goes, you want to look at numbers before I moved out,

but I was renting a room out of a two bedroom

and I was splitting that room with another person. So that's, that's

how we got it that low for the area that I'm living in. The

room that I was renting was 2000 and I had a roommate in that room. So

that way it was a thousand dollars for each of us. To go out and get

a one-bedroom on my own right now, which is what I would have had to do

at the end of the year because my other roommate was moving out, it's $2,000 to $2,500 a

month for a one-bedroom apartment in Orange County, California, at

least in the nicer part of Orange County. I'm very, very

picky about where I want to live. Because I

feel like the area that I live in affects the way that I think and the way that I

view things. I want to live around people who are well off and doing

well. So I'm constantly seeing that and it's right

there in my vision. Like when I see a McLaren driving down the street, I'm

like, let's go. Right back on track, motivation's back. I

like having it in front of me. I can probably get it a little bit less if I

Right, so just on that, so does that mean like as you're like sleeping

homeless, does that mean that you go into Malibu or

something or you go into Bel Air and you park like where all the celebrities

So I'm in Orange County, California, which is

kind of like the rich, nice suburb below

LA. It's wedged in between LA and San Diego. where

John Wayne Airport is there. We have Newport Beach, we have Laguna

Beach, which has some of the best beaches. We have San Clemente,

which is a huge surfer town. And all of the

houses in this area are extremely sought after, especially in

Newport Beach. A lot of wealth here, more

than people think. I would even argue that

it's more than most of LA. It's mostly moved down here to Orange

County now. And if I go out to Newport Beach

and the pier, On the weekend, I'm seeing McLarens, Aventadors,

Huracans, Rolls Royces are everywhere. And then

even just the everyday people in this area, everyone's driving a

Mercedes or a BMW or

a Porsche, something nice. It's like an

overall average price of a car is

like $40,000 to $60,000. which

And so basically, by being in an area that is so affluent, you're

absorbing all that, which is giving you the inspiration, I

guess, to want to be climbing up, let's say, the social

financial ladder, right? You're not sort of living in the slumps and

It's all about competition to me. I am extremely competitive.

So I noticed, like for example, I used to

have an LA fitness membership, which is like a

$40 a month gym membership. And every time I would go to the machines at

LA Fitness, I would have to tick them up several weights.

I was lifting more weight than the average person who

would sit down at these machines. And in my head, it got my ego a

little bit boosted up. And I'm like, oh man, like I'm super strong, stuff

like that. And I wasn't working as hard because I

felt like I was already out competing everyone. I felt like I was already at the top. I was getting

comfortable. I tested out a lifetime fitness membership, which

is like a $330 a month gym membership, like a luxury membership.

And I sat down at a lat pulldown and

it was ticked to 270 pounds. Who

the heck is doing a 270 pound lat pulldown? Like

that's like a massive weighted pullup. And I

felt so insecure. I'm like, oh my God, how is someone doing this? Every

machine that I sat onto, I had to tick the weight down. And

I'm like, oh man, I'm weak. But

then that fuels me, that just motivated me. And then I started

going to the gym every single day, and now I'm in the best shape of my life

in just one month of having this membership now. And the

exact same thing extrapolates out to the area that I'm

living in. When I see someone pull up next to me at a stoplight in

a McLaren, which is the car that I want, it just motivates me.

I'm like, I don't have that car. How did this person get this car? I'm

I'm behind. Ken, that's so interesting because in comparison, Australia

unfortunately has this completely different mindset. They

have a tall poppy syndrome mindset. So if

you're cruising around in a Ferrari or a Lamborghini, the

average Australian wants to slag that person off and

put them down and call them cursed names because

there's a lot of jealousy there. They don't want people to do well.

No one wants other people to do well. They like the idea of themselves doing

well, but not at the expense of them looking worse. And And

that's why I love America so much. I have been to LA

before. I've been to other parts of America. And that's one of the things I love about

Americans is just like what you've got this incredible mindset

of you see something that's where other people are doing well, and

you congratulate that other person. And you're like, hey, I want to

lift myself up to that level, right, of financial freedom,

the car, the house, whatever it is, right? Exactly. Or could it just be even like

what you mentioned before about being at the gym and just in health, right? Hey, I wanna

get to the point where I'm lifting that weight, right? And

I think that's incredible. So just tell me, go back to the numbers again, Ken.

So let's say, so how much are you saving then per month on

So the amount of money that I'm saving compared to when

I had my apartment previously is about $1,000 a month. because

that's what my rent was by eliminating that I'm saving straight up

$1,000 a month. If we're talking about how much I would

be paying if I would have chosen to get a new apartment,

I'm probably saving around $2,000 a month because I

would probably have to pay somewhere in that range in order to rent

a room out by myself or in order to get a

one-bedroom apartment by myself. So I invest like

in January, I was able to put away like $1,300. something

like that, a decent amount. And then in February, I

think the total came out to like 44 or something

like that. I got a really big check at work. I closed more deals

Yeah. So the sales is definitely whenever I close

a bunch of deals and I get like a bigger commission from

them, all of that extra money is going into crypto. Like this

month in March, I actually haven't closed that many big deals. And

so I don't have as much commission to work with. So far,

I haven't invested anything in March. However, I

have one more check that's coming in on the 31st, on

Monday, tomorrow. And I'm thinking about holding that

one in cash, actually, and not investing it yet, because I

think there's going to be another dip. And I want to hold that

Let's see what happens. I mean, it could dip, but then there's also another argument that

said maybe, maybe the bottom ish is kind of in as well.

So I guess you've kind of going to hedge your bets, right? You've already got money in the market and

I have money in right now, so I'm not really, I'd rather wait a little

bit to see if it dips a little bit more to try to pick up things for pennies on

But worst case scenario, I mean, I'll just buy when it's a little bit higher. I

have kind of like a Michael Saylor approach where it's like, I'm

just going to keep buying consistently and not really worry about dips or

Okay, so let me get this right so you are you're gonna wait try

and wait for the dip But you're not gonna wait for the dip explain that one to me

because michael saylor doesn't wait for the dip. He just keeps buying But

you just said you are gonna wait for the dip maybe so while I have the

I'm going to wait. I know I kind of contradicted myself there. But while

I have the cash, I'm going to wait. I'm going to try to wait to

see if it dips a little bit more. But if it does start to go up,

I'm just going to buy right then and there. I'm not going to I'm not going to be one of those guys like, well,

now it's high. Now I can't buy in. I'm just going to buy. I've been

buying consistently since November of

twenty twenty four. Whether it's a peak or whether it's a

Hey, just quickly, if you're ready to dive deeper into crypto and Bitcoin and

build real wealth, join my free crypto collective

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us today. Now back to the episode. And tell me, Ken, what made

you choose, because you've only been in the market for really, I would say, I would

consider a short amount of time. So what made you go

So I chose it because it's an emerging asset class. Before

I started really investing, I looked at all of the different options

that I really had. I didn't like the fact that I

could not control some of the other investments. If I have to give my

money over to a firm and lock it up for a period of time while I'm

investing, I don't like that. I want to have control of my capital in case

an opportunity comes along. So crypto allowed me to

invest on my own. It was something volatile that I

could get multiple multiples of. So like I can get a 10,000 X out

of crypto if I chose to gamble meme coins, but

you can't get that from a stock. And also because we're

pre-adoption on a lot of this and it's not institutionally regulated,

there's a big opportunity to get in early before

the hedge funds hit it. Because the second that these

head funds start pouring money into this and this becomes a worldwide asset

that everyone knows about and everyone's talking about, it's too late.

Like I'm sure you've heard of like when your Uber driver's talking about crypto, it's a little bit

You know, like by then everyone's in. Wait, Ken, I've got a funny story for

you because as I told you from the outset, you know, many, it's probably

now, what's 2017, probably eight years ago

now was when I was driving Uber, right? So I've come to some

financial hardship within my life. I need to bring some extra money

in. I thought Uber was actually a really good way because it's on your own time

schedule. You don't have a boss, right? There's all those sort of benefits that sort

of attracted me to it. And I will say it was actually a pretty

good time. The people were very friendly. It was easy work,

right? Just sitting around cruising. And there was a day, though, that

one guy stepped into the car. And we get talking, of course. And he starts talking

about Bitcoin. And he goes, oh, you know, I know about Bitcoin.

I think I'm going to put some money into it. And me being the

non-expert, I just turned around and said, There's

no way in the world I would put my money into

Bitcoin. That thing is a total scam. That's

a total scam. It's just thin air. There's nothing to it. And

just like what you said, don't listen to the guy who's driving

Yeah, well, things turned around, right? Things turned around for the better, for sure. But

I guess it's like even Michael Saylor, he used to be against

Bitcoin. It's almost like everyone was against Bitcoin until they're

for Bitcoin, which I think is one of Michael Saylor's 21 rules, right?

Everyone's against Bitcoin until they're for Bitcoin. And everyone deserves

Bitcoin, or everyone gets Bitcoin at the price they deserve. And

I think I'm just lucky that I got in when I did. But in

my story, though, I made millions and millions of dollars out of doing

online business. And so I was able to turn that money and

rotate that then to try and protect my wealth. I

went into altcoins as well through sort of

2022, lost the money on altcoins. But fundamentally, I now hold multiple

seven figures in Bitcoin. And that's kind of my main focus

right now is probably mainly Bitcoin, although I do see the attraction to

things like Solana. My second biggest holding is actually Solana.

But I also put money at the time, Ken, into commercial real

estate. I bought a few different commercial real estate

properties at the time as well, which funny

enough, though, I've actually just sold one of those properties so

I could put that money into Bitcoin. All right. So

I'm now rotating out of the property market. So tell me about your

investment strategy. I know you're trying to make high returns, I

So the way that I go about this, and I am no expert.

I'll start with that. I'm no expert either. My

philosophy is I want to buy coins that are undervalued for

their use case. And I want to buy them before big

money gets to them. And I want to follow the trends. So

for example, back in like 2024, I was a lot more interested

in crypto gaming and decentralized science and AI agents than

I was in ISO 20022 coins. I

really, really wanted to, I was holding a mutable. I had

some ring AI. I had, what

was the other one called? It was Dgen. I had the Farcaster

one. I had quite a lot of different tokens

that I was holding, but then when I heard about Donald Trump talking

about all of these different, like he wanted to do this crypto strategic reserve,

and then I heard about this ISO 20022 standard coming in. And

all these banks looking at XRP and then BlackRock is looking at XRP

and all this stuff. I was like, OK, I need to switch my focus. And so I sold

everything that I had and I started to main hold XRP,

which is like 50 percent of my holding right now. Right. I caught that

at 50 cents and I wrote it up to, I think, like three

dollars at its peak, somewhere around there. And

then I also poured a lot of money into HBAR, Hedera,

XDC network. I have some Stellar Lumens, XLM,

and I also have some Algo, Algorand. I had Cardano, but I

recently sold my Cardano and reinvested that into XDC. Which

is pretty much, I got a report from Uphold, and

they mentioned that out of the top five coins that

were the most invested into, I was holding four

of them. So I know I'm not the only one who's taking that path with the

So would you say you got some war battles from the

beginning where you put some money into these altcoins and then I'm

guessing you sold a lot of those. Well, did you? Did you sell them at

So originally in like 2020, I had no idea what

I was doing. I was working at Sonic. I didn't have any entrepreneurial dreams

or anything like that. That was before my red

pill moment, if you could put it that way. And

so I was just stuck in the matrix. I had no idea what was going on. I just

heard about crypto, and I was like, you know what, I'll put money in, and then it went up. And I'm like, oh, this is

nice. I'll put more money in. And then I just lost it all. But in March

of 2024, I had put in a decent amount. I put in around $6,000. And

then I just watched that dwindle down until,

until like October. And that, that was me. Like,

I was like, Oh man, I just got a hold. Like by now I was like, okay, I'm just going to hold

long-term. I know long-term it'll go up, but it hurt to

watch it go down. And then I dumped a bunch more

in, in October. And that's when it actually went up. And

so that's when I started to do pretty well. I think overall my

gains have covered all of my losses that I've ever had in crypto. So currently

I'm up all time. Not by much though, not by much.

Yeah, that's okay. As long as you're in the grain. And now tell me, Ultimately,

Ken, you've got these dreams now, right? You've said you've taken the red pool. You

obviously wanted to try and get out of the matrix and create,

I'm presuming, generational wealth. Am I right in saying

then that you're going to either rotate out of some of these altcoins

So you want to know my two-year plan, kind of, for the

cryptocurrency and also just other things? Because I

don't plan on being a crypto guy. Right?

I want to be an entrepreneur. I want to start a business. So what I want to

do is I have a bunch of debts from before my red

You had a lot of credit card debt before you sort of got into this game?

Yeah. I have a decent amount of credit card debt. I have some personal loans

that I took out to consolidate that debt as well. I have negative

equity on my BMW and on my Tesla. Two purchases

that I didn't really look at, didn't really understand depreciation when I bought

these cars. So I'm in the hole. And my goal is to take

the money that I have in crypto. I want to scale it up to around 60 to

70,000. If I hit 60 to 70,000, regardless of whether I

think crypto is going to keep going up or not, I'm cashing out. I

don't care if I could make 200. That's all I need. I'll

take that money. I'll pay off all of my debts. Then I want to start a business. Now,

as I start that business and as I continue to scale in and generate more

income actively, then I want to start stacking Bitcoin

as an accumulation hold. I'll never sell that

Bitcoin. I'll continue to hold that Bitcoin over

the next 10 years and then I'll begin to take out loans against that crypto

and utilize it kind of like a cash out refinance or like a HELOC on a

house. I'll start to be able to utilize it that way at that

point. That's my long-term goal. I want to get into Bitcoin. People think

that just because I'm in altcoins right now that I don't believe in

Bitcoin or anything like that. But just for the purposes

of what I'm looking for, I need more multiples right

now. to kind of give me a kickstart before I

can start the accumulation game of Bitcoin. Because, I

like max yeah what it depends can you know people protect

i don't know some people say look and again i'm

not making any predictions but the the predictions that you see and

range from it could get to sort of 150 maybe

and i've even heard you know uh samson say you know it could be a million

dollar bitcoin right which would be basically at

least a 10x from here so it could be it could be pretty incredible i'm

just going to ride the wave You know, over the next 10, 20 years

anyway, for me, I'm doing a similar thing. That's the

way to do it. Yeah, buy and hold strategy for me. So you're going to basically

make as much money as you can through this altcoin play, sell

all the altcoins, pay off the debt that you've got,

and then basically start again accumulating Bitcoin into

Yes. I think it's interesting you mentioned commercial real estate as

well because that is somewhere that I want to get into. I want

to start with a 4-Plex because I can get that with an FHA loan here in

the States. And then I really want to move up into like 8-Plex, 12-Plex,

start getting into the commercial side of things. Yeah,

I have a lot of plans. I want to do a lot of things. I got to

clear my debts first. My debts are holding me back. I could have an 800 score

I just want to clear my entire credit report off this cycle and

then I'll start accumulating for the next cryptocurrency cycle

Mm-hmm. I think Look having have been

around a little bit longer than you because I've got about 20 years

on you. I'm in my mid-40s Ken So I

had those same sort of dreams I guess but you know when I was your age

there was no Bitcoin right crypto just didn't exist and

the big thing particularly in Australia is property

like we are just ingrained is like property is the thing and And

just like, I guess, around the world, property has done quite well as far as it's

increased in value. I would also put that down to, though, it's increased

in value predominantly because of inflation and currency debasement.

So it's pushed the prices of those properties up.

And I just said to you before, too, I've sold one

of my commercial properties just recently because I'm putting all that into Bitcoin. I

think, though, when you do the numbers, Ken, and I don't know what the commercial

real estate industry is like in the US, but

I think if you sit down and do the numbers, you're going to be very hard pressed

to give up a wad of cash that

you have to put into this commercial property instead of putting

it into Bitcoin. I think you'll do the numbers and you'll be like, oh.

Because the problem with the property is it comes with so

many taxes. It comes with tenants. It comes with constant

repairs, and maintenance, and fees, and levies. And

it's just endless problems. And when

you compare it then to, I guess, Bitcoin, you're just going to be like, hey, I'm

just going to buy it. I'm going to sit on it. I'm going to hold it. And

then I guess you touched on a really good point. I just want to

just, for the people who are listening right now, is that Ken just

spoke about before about borrowing against the Bitcoin, which

is a very, very interesting play. And I can tell you,

I've already started experimenting with that. So I've actually put up some of

my Bitcoin as collateral and borrowed against it.

There's actually two ways you can do it right now for people who are listening. Ken, you might

find this interesting. One is I can put Bitcoin up and I can get a 40% cash

loan on that, right? And the advantage with putting up the

Bitcoin as collateral is I didn't have to jump through anywhere near

as many hoops as what I would if I was to have to borrow, say, against

a property. So I didn't have to provide any tax returns, pay slips,

nothing. It was just like, just press a couple of buttons. I put up the

collateral and they literally deposited 40% of

the Bitcoin value into my bank account, no questions

asked. I didn't have to explain what I was spending the money on, who

I was going to give it to. Right now, I don't know if this happens in

America, but if you go into a bank right now, you have to explain to

them why you're taking out your own cash. Do you have that in

I don't know if it's that far. I've never really tried to take out

So I'm not entirely sure. I'm not even talking about big loans, Ken. I'm talking about like, you

know, like five grand, 10 grand, you

Yeah, I don't think we have any of that here. If I went to my

bank and I say, hey, I want five grand cash, they'd just pull it out. I'm pretty

Yeah, well, another benefit, perhaps, of America, a bit more freedom there.

Over here, and also this is happening quite a lot in the UK, there's

a lot of bank control over you. And

this is why I love Bitcoin so much, right? Because it leads me down the

path of getting out of the matrix, right? Without that government and that

big bank control over you. So just going back

to those two loans scenarios, one is the 40%, they just give you

your cash. The other loan that I've experimented with is where you

put up the one Bitcoin as collateral, and they will give you

another Bitcoin. So essentially what you've got now is two Bitcoins,

one with the entire loan on it. Yeah, so it's a total of 50% loan

to value ratio, and they hold the two Bitcoin. So

that's the other two different ways you can do it. And guys,

you can do that today. This is available right now. Ken,

do you know what's happening in the banking sector to do with Bitcoin in

I don't really know too much as far as Bitcoin. I know that they

want to put in the strategic reserve. And I know that most

banks now are starting to adopt like a cryptocurrency wallet.

Like I've heard that some banks like they're trying to incorporate a crypto wallet

aside your checking account and aside your savings account. I

know that's going to be coming sometime in the near future here, which is I'm

really excited because I feel like XRP is going to be integrated into that somehow

or HBAR, which would make my holdings skyrocket.

Yeah, yeah, absolutely. I think that's what I've seen as

well, Ken, is a lot of these, I think Bank of America, JP Morgan, for

example, they're going to start to custody Bitcoin. I

think that will also then roll out to the Australian banks as

well. I think once that happens, the adoption is

going to go absolutely crazy. Because one of the downsides, I guess, with

Bitcoin right now is either self-custody people don't want to have to bother with that

or holding it on an exchange that you're not familiar with So for

the average punter if they can sort of walk into their JP Morgan Bank and

just say hey put you know Open it open up a Bitcoin account It

seems really easy and trustworthy and legit. So people

are more likely to do it And so I think it's just

going to explode and of course those who are holding crypto and

Bitcoin like yourself are going to do extremely well.

I'm glad I'm going homeless. I'll say that. It'll be worth it.

Yeah, absolutely. All right, Ken, is there anything else

There was one thing that I wanted to go back to when we were talking about the

difference between real estate and crypto. The reason that

I'm interested in real estate is primarily because

of the leverage aspect of it. No one will give

me a $1 million, $1.5 million loan to

go and buy Bitcoin. Otherwise, I would do that like right now.

But they will give me that to go and buy a fourplex or to buy

a piece of property. So in my mind, I would rather

leverage myself through a property that way. And

then I can cash out, refinance and pull the equity from the

property and put the equity into Bitcoin as the equity builds up.

That was my thoughts behind it. But you're the, I mean, you've been in

commercial real estate. I haven't. That's just the idea that I would want

It sounds good from the outset. But one thing you've got to consider

is that you will have to rely on obviously time to

increase the value or you inject capital into

the building to improve the value and then see an increase so that you can

pull out the equity. I've done the numbers on, you

know, including obviously, you know, putting, let's say you put down $100,000 on

a million dollar property. It's actually higher than On a commercial property, you've got to put down

probably close to $300,000 on a million-dollar property. You

put down that much money versus just putting $300,000 into Bitcoin,

the Bitcoin still supersedes the returns, right?

Unless you've got some other play, like you want to invest in property

because you are a builder, so you know how you can maximise

profit, so you're going to flip something to make money and then

put that into Bitcoin or something like that, right? That would be the way that I

would do it. Anyway, I want you to go and do it anyway, just to experience it,

I would want to give it a shot. I feel like the only way to truly learn

is to fail. I'm pretty sure it's Alex Ramosi that says

this, and I watch a lot of his content. I love the guy. But he says

that if you knew that you were 20 failures away from

your goal, how fast would you want to fail? And so I

kind of take that look on everything. I don't care if my crypto goes

to zero. I don't care if I'm stuck in my car for two

years. I don't care if I try to do this property and it fails because

I'll have that experience and I know that it's just another failure towards

my goal. And then one day, boom, just

Yeah, you're so right Ken, and I can see just, I'm

just so impressed with you, you know, you're young, you've got the right mindset,

you know, you just get out there and hustling, and

that's got to be commended, because a lot of people wouldn't do what you're doing, especially

in Australia, they just want to rely on you know, someone else doing it

for them, right, which ain't going to happen. They're going to have to do it themselves, which is

exactly what you're doing, which I think is awesome, particularly in

the mindset side of things. So I want to congratulate you for that. And

then guys, before we just wrap up this, I want to just say please,

follow Ken on his social media platforms. He goes under

the life of a Ken. You'll find him on Instagram, you'll

find him on TikTok. He's giving videos every single day

about his trials and tribulations as living homeless and

putting more money into crypto. Ken, thank you so much

for joining me on this episode of Crypto Collective. Great to talk to you and

all the best to you. Thank you. Thanks for tuning in to Crypto Collective. If

you've enjoyed this episode, the best way to show your support is to leave a

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can also find more of me at I'm Matthew