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I heard recently that there was Peter Dunworth, which I'm sure you know,

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he was saying that he heard of two of the major banks in Australia already

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putting together frameworks to custody Bitcoin. Are you familiar with

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any of that or can you give us some insight into banking? I can't say too much because... Is

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There's really no way around it man, unfortunately. Australia is losing, and

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will lose, a lot of tax revenue over the next 10 years because they're

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How did you manage to get Michael Saylor at your convention? What

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We just annoyed the hell out of him, basically. I look at Bitcoin as

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a way for everyone to create sustainable

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

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

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if I was starting again today, crypto would be my

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

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

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go. 2024 speech was about vision

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and conviction. Now, would you say in the current climate, are you still holding

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Always, man. I've been holding vision and conviction for almost 10 years.

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So that's never going to waver for me. I think most people in the industry that

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have been in the industry for a while, and most people that I speak to anyway, have got

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quite solid conviction in Bitcoin and in blockchain. in

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what everyone's building here. So it's only those that I see entering the market

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that tend to lose some of that conviction and some of that vision.

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But that's normal. I mean, once you've been orange peeled,

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you sort of get that conviction back anyway. I think most people have to

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go through a bear market to really understand what this market is

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Or would you say then, Dave, that considering we're now down to

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28% from the all-time high in Bitcoin, do you think we're going into a bear market?

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No, I don't think we're going into a bear market yet. I mean, what was it? This time

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last year, we were sitting at around $40,000, $50,000 Bitcoin. To

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be complaining about $80,000 Bitcoin is probably a bit silly in

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a 12-month turnaround. I get that a lot of the

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hype around 100k BTC is when

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a lot of people started buying in and now they're down. So that's the

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nature of the game. It's a zero-sum game. If someone's buying, someone's selling.

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You know, I understand the hurt people feel. I've been through it. I went

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through it, you know, numerous times over where you've bought in and then the

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price has dropped and you've just got to hold strong and just be

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patient. And I think the old saying of time in the market versus

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timing the market has never been more important than now. So I

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just, I don't think we're in a bear market. I think we're still gigabullish, if

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I could say that. There's too much fundamentals happening around the

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world. I mean, I'm a technical trader. I trade on both technicals and

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fundamentals. You know, the fundamentals behind Bitcoin at the moment are

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just so strong and stronger than they've ever been. So I

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just don't see how we can go into a full-blown bear

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Wow. I mean, what did you make of the Trump summit

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I think it's good. I think it's a first step in the right direction. I mean,

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people were disappointed that Trump didn't announce that he was going to start buying

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you know, shitloads of Bitcoin. But I think, if anything, it

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shows an element of caution, which is

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actually a good thing long term. I think that if any world

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leader just FOMOs into Bitcoin, as much as we'd love that, for

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those of us that have been in the market a long time, I think that showing some restraint and

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showing some caution could be a good thing long term,

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especially when it comes to getting other governments on side. So I

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think that like anyone that enters the market, the

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US government will hold a certain amount of Bitcoin and

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then eventually they'll get some FOMO and I'll start buying

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some more. So, I just think it's step number one of a 10-step program.

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Yeah. Did you think the fact that they've actually separated out,

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I guess, Bitcoin separate as a strategic reserve to

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For Bitcoin, definitely. I think having a strategic reserve for altcoins

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If I can say it's a stupid decision, then I'll say that. But

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look, altcoins and Bitcoin are chalk and cheese. Bitcoin

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has become a class of its own outside of cryptocurrency, in my opinion. So

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having a Bitcoin strategic reserve absolutely makes sense. Having

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altcoins included in that As I

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said, it's ill-informed, it's a silly decision as far

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as I'm concerned, and it shouldn't be included in the reserve at all. You

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know, I don't think it will be long term. I think that, as I said, it's step

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one of step 10. And I think that he'll have a lot smarter people look at the

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situation and hopefully cooler heads will prevail and

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Yeah. So they're talking, I saw today that the government's trying

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to refinance the debt. Right. So they're trying to bring down interest

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rates. And then, of course, then hopefully we get some sort of liquidity and

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I do. I think that overall we're in a market correction and

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it's quite normal for those that are watching and listening. It's, you

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know, Bitcoin retraces 30 to 50% pretty frequently

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in the big scheme of things. So it's not uncommon. And

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I think that's all that's happening now is we're doing a liquidity hunt.

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We're looking for more money in the market. I think that where we are

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now is probably going to be a local bottom, you know, touch wood, fingers crossed,

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all those things. From here, we'll probably

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range for the rest of March to, you know, 90K and

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then April to sort of 90, 95 and so on from there. But if

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we can create some more liquidity in the market, then obviously people are going to start using

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their expendable or disposable income or extra money

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Yeah. Let me ask you, Dave, when, you know, you've been through so many

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cycles, when you come to these types of

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dips, do you still buy into these dips?

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After so many years in the market. Yeah, definitely. Are

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you keeping cash reserves at some point in order

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My overall strategy is stack stats, right? So, I'm not a Bitcoin maxi

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in terms of I will not touch altcoins, but I'm a Bitcoin maxi

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in terms of it's the only crypto that really has

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the fundamentals to become, you know, a global adopted

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currency of sorts or a store of value or a property or

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whatever you want to call it, whatever your perception is on it. However,

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I will use altcoins to stack more Bitcoin. So I'll

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actively trade altcoins, I'll move into USDT, and

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when the time is right, I'll buy more Bitcoin. You know, that's the strategy that

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I use to stack Zats in a sense. Altcoins have their

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place for me, but it's not because I like them or I

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want to own them or anything like that, it's just to grow more Bitcoin. So when I do

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have USDT, if Bitcoin's in a good buying region,

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And so outside of trading altcoins in

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order to stack more sats, are there any other things that

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you do in order to stack more sats or is that the primary source?

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No, I do some margin trading. I'll leverage trade. But the problem is

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timing. So I don't have a lot of time to do a lot of

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it these days. So I will play bigger swings. So I'm looking at,

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you know, one day to one week charts. I don't do the day-to-day

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trading or intraday trading. anymore. So yeah,

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I mean, I'm going through this phase nowadays because I've been predominantly a

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property investor. Okay. So I've made a lot of money through online

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business, mainly through Amazon and Shopify, things like

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that around the world. I put a lot of that money into property initially.

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And I think because in Australia we're so ingrained into property is

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the thing. and I was very outside of the

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crypto space. I'm fresh compared to where you've

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been, you know. I just got here. I just arrived. Welcome.

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Thank you. Thank you very much. Great to be here. And, you know, I've just

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learned so much just over the past few years. And one

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of the things I've come to because I've gone really deep down the

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rabbit hole of Bitcoin is I've now started to sell property. to

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buy Bitcoin. I'm liquidating. I'm liquidating. I'm basically just

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doing the numbers. I'm looking at where property is going to go over the next 20 years and

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then comparing it to where even, you know, Bitcoin in the last 12 months

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at 120% roughly right over 2024 and just selling

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those properties and putting that money into Bitcoin. With your

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journey, have you, I guess, veered off from Bitcoin and diversified into

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property as well, or you had property and sold property? Where do you sit

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I hold both. So I've got property and Bitcoin, but I've not sold one for the

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other. I think the smartest way to look at Bitcoin is to view Bitcoin as

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property itself. And Michael Saylor says that as well. And if

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you start to view Bitcoin as property rather than currency, then I think

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the mindset will be right in terms of how long will you hold your

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property for. before selling it, if you sell it ever? Is

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it an inheritance play? Is it something that you're going to leave for your kids? Is

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it something that you want to retire on? Will you sell a portion of it? View

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Bitcoin more as a property than a currency. And I think that you'll

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have stronger conviction, longer vision. And in the end, you'll

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come out on top far better. And of course, you'll come out on top far better than owning

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physical property. So yeah, I think if you view Bitcoin as

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property, effectively, to me, what you just said was that you're selling property to

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buy a better property. and property that's going to yield a

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higher return year on year. And ultimately, when you reach

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an age of retirement, if you decide to sell that property to fund your retirement,

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I think you're going to have a lot more there than what you will if you only

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invest in property. Even if you look at the

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rental income over 30, 40 years or whatever it is, I

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still think you'll yield higher return on Bitcoin as an investment of property than

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Yeah. Well, there's one other thing and I was just talking to Dave just before we

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started recording about the cyclone that's just hit the

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eastern side of Australia. And the funny thing was, Dave, you

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know, I'm running around frantically. I've got a restaurant that I also have as

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well. So, I'm sort of dealing with that with closures and power outages. I've

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then got some other commercial property. So, I'm going to the commercial property. I'm like, okay,

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is it going to get flooded and this, that and the other and pulling things off the floor. and

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then I was talking to someone I said you know what I'm running around like like

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my head cut off doing all this stuff and of course some staff issues

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and things like that as well the only thing I haven't had to worry about was

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Bitcoin which then gave me another reason why I should buy more Bitcoin Just

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ate more of that orange peel, my man. Yeah, just like, you know, like,

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no, more Bitcoin is the answer. In my situation, though, I also have a

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wife. So, I brought my wife along the journey as well. And she's heavily

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into Bitcoin, but probably not as where I'm at. Because I'd say, look, just

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sell everything. Just get rid of everything. Dematerialize everything

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in the house and put it into Bitcoin. Dave, is

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No. Simple answer, no. I mean,

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it's a once in a lifetime opportunity. Something like this comes up once in

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a generation, maybe even two, three, four generations. It's a

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revolution that you get once a century at best. So

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acting now could not only set yourself up, it could set up

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a whole bloodline for a century to come. So

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this opportunity won't come back. There won't be

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another one like this for another hundred years. And I couldn't even imagine what that

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next opportunity could be because Bitcoin is the the

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finest type of money that exists, if you

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could call it money. So, I don't see how you could really improve on

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that. So, whatever the next big thing is in 100 years time,

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who knows? But something like this only comes up, you

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know, once every couple of generations. And I think that anyone

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that's watching should seize it as much as practically possible. And

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I think most people get a bit disheartened or off-put because they

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think, oh, Bitcoin's worth, you know, 150,000 Australian dollars. I can't afford

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a Bitcoin. And it's seriously one of the most common misconceptions that

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I've seen over the years. And they don't realize you can buy $10 worth

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of Bitcoin. You can buy $100 worth of Bitcoin. And you can invest your

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super into Bitcoin now in Australia through self-managed super schemes and

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things like that. So a good friend of mine reached out to me, what

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was it, nearly two years ago, 18 months ago, and said,

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Dave, tell me about your Bitcoins. And he said, I want to-

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You've named them, is that it? Is that what he means? Yeah, pretty much. And

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he said, I'm thinking about moving some super into it. He said, my super

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annuation, it's done like 3% a year. It's just kind of sitting there.

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It's losing money. Sometimes it's gaining money. And he pulled half of

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his super out and he put it into Bitcoin. And within 18 months, he doubled his money. And

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he said, Dave, thanks. Now I can actually afford retirement because he

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is almost at that retirement age. And I

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just thought, wow, what a huge result from a single decision.

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So, you know, if he could do that in 18 months, imagine what people can do in

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Well, I've done the numbers, Dave. And just so you know, I actually have

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gone down, as I said before, I've gone down the rabbit hole of

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Bitcoin. And when I first started, I invested some money into getting

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some training. So, I had some idea of what I was getting into and, you know, how

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to protect the money and, you know, cold storage, all this sort of stuff. And I

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remember a guy telling me at the time, who was a trainee, said, all

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of my superannuation is in Bitcoin. And I was like, holy shit, dude. And

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at the time, I was thinking, you're crazy. Because even back

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then, I was still thinking diversification more, right? Oh,

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no, I'm going to keep my super separate. I'm going to have some Bitcoin and I'll have some

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properties. And I'm pleased to say that in

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the last probably about 18 months ago, I transferred all

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of my super over into Bitcoin. I set up a self-managed super

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fund, moved it all into Bitcoin. Now, there's other people watching this going, that Matthew

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guy is freaking crazy. He's nuts. But

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I will say though is I think the last check, I think it

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was up about 50%, right? And if I looked at where superannuation

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has gone, I actually did do a check. I think it was about 8%. That's

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if you've got a good

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I mean, not everyone's doing 8%. Some people are

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still sitting at a break even over five years on their super fund.

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If they weren't doing contributions, they'd be sitting where

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Yeah, and I guess the thing you have to think about too is the hurdle rate, right? You've got to

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get above the hurdle rate and 8% ain't getting above the hurdle rate

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as well. So let me ask you then Dave, have you done the same

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Yes. Not everything. So I'm not balls to the wall like your

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friend. Only a portion of it. Because as you said before,

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diversification is smart. It's kind of like

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a you know, when you're growing up, your parents tell you to get a trade, right?

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It's one of those things where it's kind of drilled into you. Diversify,

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don't put all your eggs in one basket. It's kind of a cautious decision that

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everyone should make with their SUBA. But, you know, as time goes

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You know, it's just... Well, maybe I've made a mistake that day because I've moved,

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I've personally moved all of my wife and my super into Bitcoin.

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And the further I go down, I'm thinking about not diversifying, right?

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You've got to bring the other person on the journey, right? And you've got to have, you know, you've got to have cash

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flow as well and all sorts of other things. And you talked about, you know,

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orange peeling, which I think is definitely, I mean, the reason why I even started

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the show with Crypto Collective is because I found that

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I was talking to a lot of people about Bitcoin. and crypto more

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more Bitcoin and I wanted to just continue talking about it and to

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more people and one of the things that you've done though in your life

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you've taken it to a whole new level not only have you done your education training

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your program but also you've created the Australian Crypto Convention

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which is probably the ultimate of orange peeling because you're able

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to put on a convention bring a whole bunch of people together can

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you tell us about that how it started for you because you've come from

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plumber to now founder of the Australian Crypto Convention

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

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build real wealth, join my free crypto collective

Speaker:

community. It's where I share exclusive insights and strategies and

Speaker:

live discussions to help you succeed, whether you're a beginner or

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scaling your portfolio. Click on the link in the description and join

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Yeah, it's been a pretty big journey. So I went from carpentry into

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crypto, basically. I owned a gym as well. So I owned one

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of the 24-7 gym franchises. I've

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done a few things and I mean,

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starting ACC, it was a case of I wanted to go

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to a big crypto event and there

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wasn't one. And I'd look overseas and I could see that overseas

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was doing crypto events all over the place. There

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was nothing in Australia. And as you said, I'd started an

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education program and I was teaching people by the hundreds, which is amazing,

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but it just wasn't big enough. And I thought, well, if we could start a huge event

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here in Australia, you know, we could bring thousands of people in. And to be honest, I expected,

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you know, a couple thousand people at best to show

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up. And this was back in

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2022. And our first event, we had nearly 5,000 people turn up on the Gold

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Coast. And it just totally blew my mind. And I knew we could do it. I just

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wasn't convinced of it myself in a way. So it

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was amazing to see 5,000 people come through the door. And that was during the big

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NFT boom as well. So a lot of the people that were there were

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actually bought in through the NFT side of things rather than the

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currency side of things. which I found quite interesting because I don't

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get into NFTs, I've never got into NFTs, it's not really my thing. So

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I was learning new things as well because we had, you know, over 100 speakers there

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and some of them were on stage talking about NFTs and some of the community were

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running around talking about NFTs. So I think the biggest thing

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to understand in the community or in

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your journey is that there's always something to learn and that the industry moves so

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fast that Even the self-proclaimed

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experts still have something to learn on a daily basis. So there's

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new technology coming out of the industry every day,

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every week, and education is going to be key. And the other thing that I

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found was so many people would message me on

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Facebook or Twitter or whatever and say, please help, I've lost money, or

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can you teach me how to do this? just

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drowning in, you know, I bought some Bitcoin or I bought some altcoins and

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now it's going backwards. So I wanted to educate people because

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everyone kept calling it a scam. And Bitcoin's a

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scam, Bitcoin's a scam. And to be honest, it was driving me insane that

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people couldn't really see what Bitcoin was and what crypto was. And

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just like TradFi World, there's scams, of course, but there's scams everywhere.

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So I just wanted to educate people and show people that it's real and

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that it's tangible and that you can talk to

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the businesses that are involved in the space and you can meet the people

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that are building these cryptocurrencies and these

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protocols. and show them that it's a tangible, real

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industry, just like any other tech industry, and try and instill

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some confidence in people. And I think we've done a really good job of that so far. And,

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you know, we work with some of the biggest brands in the world that come to the event. And, you know,

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it's really good to see that they get to talk to their customers and

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I think it's incredible what you've done, because it's I mean, you

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talked about balls to the wall with self-made sleepers. It's balls to the

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wall putting on a convention because you're putting a lot of time and money on

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the line and you're hoping it's going to be a huge success. And it looks that

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the past ones have been massive successes. You've even had, I noticed,

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Michael Saylor, who's certainly someone who I look

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up to and follow religiously. I'll probably say zealot now. And

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I've got to ask you though, Dave, do you have Michael Saylor's phone

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number? I do. Have

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Michael is an absolute gentleman. He's one of the nicest

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guys you'll ever talk to. His conviction in Bitcoin is

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unparalleled by anyone. And he loves it

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so much that he just wants to spread the word. He just wants to educate

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people as much as possible. And he does it every day. You see

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him on news programs every single day, podcasts every single day. Like the

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guy is running a multi-million dollar business. But

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he's still got time to educate people. So,

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He's a workaholic. Now, tell me, how did you manage to get Michael Saylor

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What was the secret? We just annoyed the hell out of him, basically. It's like

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any big-name speaker. You've just got to grind away, keep

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contacting them. And just saying, look, we've got a

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huge community here in Australia that love the industry and love

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crypto and love Bitcoin. And they'd love to hear from people like you. And,

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you know, last year we had Charles Hoskinson and Raoul Pal and Rachel

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Colin from Binance and a few other big, big names. And you've just got to

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really hound them and try to convince them to come and speak at your event. The first

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one was the hardest one. And I've been pretty fortunate because over the years, I've built

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a lot of contacts in the space. And before I even launched ACC

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in 2022, I had a lot of industry partners and industry

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friends and industry connections. So it did make it

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a bit easier for me than what it could have been for someone else. And

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then as we've run the event each year, that contact list grows

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and that network grows. And if I don't know someone, then you can generally call

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a friend and a friend of a friend knows them. You know,

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so it's easier to get in contact with some of these people now than what

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it was back in 2022. But yeah, ultimately, it's just having

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the right network, having the right people around you and annoying the hell out

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Well done on that. I want to ask you as well, because you had someone there

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from the political spectrum at your last, I think it was your last

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conference, which was Senator Andrew Bragg. Can you tell me more

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so from a political perspective? Because we've seen so much now come

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out of the USA. But Dave, what is happening in Australia

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Not a lot, I don't think. We've got people like Senator Bragg that is

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pro-crypto. And I know that The folks from DECA,

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once known as Blockchain Australia, they're working hard with government to

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try and have some pro-crypto regulation and at

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the very least have the conversation about it. And Amy Rose, who's

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the CEO over there, a good friend of mine, she's doing a great job. So I

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think that we are seeing some progress in

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that sense, but it's going to take time. It's going to take years in my

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opinion. And without people like Amy Rose and organizations

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like DECA, those conversations just won't happen. At

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the moment, we're sort of stalled. We're behind the US. I'm hoping that the US

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will influence some Australian politics around cryptocurrency. It's

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already influencing UK and other parts of the world. So I'm hoping

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that Australia will follow suit. I mean, what's the saying? When

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America catches a cold, Australia sneezes or some shit like that. I

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think that whatever the US does, Australia will follow suit eventually, but

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it's going to take some time. But at the moment, there's really not a lot happening

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It's really disappointing, Dave, because you see what's going on around the world.

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And it's not just the USA, it's places like El Salvador and

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Bhutan, who's, you know, they're mining their own Bitcoin. I'm sitting here

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thinking, where is the leadership in Australia to sort of look forward thinking?

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And it's great that you actually had Senator Andrew Bragg come to

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one of the conventions and speak, I guess. Is there any other political thought

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leaders or coming in any, I know you've got another convention coming up

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22nd to the 23rd of November in 2025. That's in

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We're hoping to have some speakers from ASIC come through. And for

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me, a big reason for that is there's a lot of grey area

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to operate in for businesses in Australia. So

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especially DCEs, exchanges. So I

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think that people like Andrew Bragg lobbying for pro-crypto regulation

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will help influence ASIC's decisions around a certain

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number of topics. So we are hoping to have some ASIC representation

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this year, which I think will really help a lot of the businesses that come to our

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event. Because we've got almost 100 exhibitors, which are businesses, Australian

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businesses that come to the event. But we've got, you know, last year nearly 10,000 people

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came through the door. Say, you know, a third of them or 20% of

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them at least own some kind of a business. And most

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people that own a business that are also in the crypto, they're looking at other entry

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pathways into crypto businesses. But the problem we

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face in Australia is that the tax laws and the ASIC

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laws are so strict, people are too scared to

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operate. So they're setting up overseas instead. You know, so much Australian talent

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is going to Singapore or Seychelles or

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Caymans and, you know, because there's no way for them to

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operate a business here in Australia and the tax laws are so strict. And

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high. Tax implications are so high. Yeah. So, I

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think that if we can get a lot of these decision makers in a room together

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and just nut it out, so to speak, you know, we hopefully will

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Yeah, one of the things I think, which is great, Dave. Ultimately,

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I think Bitcoin is freedom money. I love the fact that it's

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decentralized. I think coming out of the pandemic

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of recent years really opened my eyes to being,

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I guess, not under the thumb of the government. from

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every level. And I wonder if there's

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a sense in Australia, from a government point of view, is that that's

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perhaps why they don't want to go down this route. And

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look, maybe it might take a leadership change in Australia, a prime

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minister change from the top down. We've got an election coming up now

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in May this year. I know Andrew Bragg sits on the conservative side

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of that under Peter Dutton. So look, maybe we'll see some

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different policies come out down that way. I want to just switch into

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banking, Dave. I heard recently that it was Peter Dunworth, which

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I'm sure you know, he was saying that he heard of

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two of the major banks in Australia already putting together frameworks to custody

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I can't say too much because... It's top secret. A

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little bit. Yeah. So, we work with banking partners

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through the event as well. So, we talk to all the big

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four banks. Okay. The banks come and they speak at our event. We've

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got a lot of, I suppose, mutual industry connections and

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things like that. So, I do know a little bit about it and I do know that it's

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actually been happening for a number of years, probably three or four

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years now. The top four at the very least,

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have been exploring cryptocurrency and blockchain technology

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and building out those custody frameworks. So I

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can confirm it is happening. The problem with the banking is that they get

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10 steps forward, 12 steps back. So the staff attrition

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rate doesn't really, no one sticks around long

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Well, I think they get forward-thinking staff member that

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starts to implement a strategy around blockchain and crypto, and

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then that forward-thinking staff member will disappear or go somewhere else,

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and then they're back at square one again, and they're starting over. So that

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seems to be what happens a lot, from what I can tell. So,

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you know, you've got entire teams that have been built in

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some of these banks to, I suppose, grow or learn more

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about the blockchain technology and how they can implement that in the banks. And then those

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teams are basically dispersed into different areas. And then the

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teams are rebuilt again. And it just seems to be the same cycle over and over

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again. So it will happen eventually. There's no doubt about it. and

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when it does i don't know if it's a good thing or a bad thing i don't know if you actually hold your

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own coins or if the bank will hold it and and just

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give you an iou of it you know i don't know how it's going to work just

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yet but i know that they're actively building something like that interesting that you

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said that the major banks are coming to your convention is there any backlash because

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trying to and you would know this and from I guess many

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of your clients I've seen this in my little community people I talk

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to they get ready you know they might say they've they've taken all

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their super out they've put it into a bank it might be two

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or three hundred thousand dollars they're now prepared to put this into an exchange to

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buy bitcoin they then do their first transfer it's rejected

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right it's blocked they're going to spend days and days trying to get

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through all this rigmarole about why they were allowed to transfer money

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in Have you seen anything in

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that space that could give people some sense of relief

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that maybe the tide's turning? Or is there something inside

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that you know, like a bank that you know that, hey, this is the bank to deal with?

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It's incredibly frustrating. Everyone is suffering the

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same problem. Everyone's in the same boat when it comes to

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onboarding money into crypto. I've got my own

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theories around why, but you know, they're theories, they're

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not fact. But I think that with more pro-crypto regulation,

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we're going to have more pro-crypto banking. The

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fact that we've got banks building out frameworks for

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this already is a good thing in terms of how much

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money you'll be allowed to onboard. I

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don't like the term allowed because it's your money. You should be allowed to spend it

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on whatever you feel like. It's one of those things that really

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irks me. That and debanking as

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well. Debanking is a huge problem in the crypto space, and I

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don't think that's going to go anywhere anytime soon either. But ultimately, the fact

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that banks are building out the frameworks, then eventually the

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problem will go away. It just means it depends on how

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will it look later. So, okay, sure, you can now put $100,000 per day into

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crypto, but we're actually going to hold your crypto and your assets and you

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can't move it to cold storage. Is that how they're going to do it? Are they going to

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make interest off it? Who knows what that looks like just yet. But I don't think

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Is there any way that you know getting money into these exchanges? What

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There's really no way around it, man, unfortunately. Some banks are better than

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others, I think. And it changes frequently as well. I think Bank

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of Melbourne maybe was one that people didn't have problems with. The

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Big Four, everyone's had problems with the Big Four. Maybe Greater, Greater

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Building Society. I think they were a good one at some point,

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but it changes so frequently that it's kind

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of hard to keep up with. And outside of a peer-to-peer transaction,

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there's really not much else you can do. I mean, the only way

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to do it in Australia is to purchase through a bank. through

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your card or through a bank transfer. There's offshore exchanges that

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people can use. So some people will use their credit cards or

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their Visa card or debit cards to buy crypto on offshore exchanges,

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which I don't think have the same restrictions. But you're then running

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the risk of putting your money into a foreign entity. And if

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something does go wrong, there's really no repercussions or

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any way to get your money back. So you just got to be careful and weigh the risks.

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Yeah. Dave, you've got, obviously, you've been in the industry for

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such a long time. There's people that I see around me, though, who

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have also accumulated a lot of wealth through crypto, who

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are leaving Australia for mainly tax reasons. And I

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guess they don't like the restrictions that they have in Australia. Is, I want to say, having a

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plan B or having a second passport or moving outside into

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Yeah, definitely. I think Australia needs to catch

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up with some other regions of the world in terms of taxing

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crypto. The tax rates are just stupidly high.

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Yeah, I mean, it's something that, again, it

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really burrs me up, to be honest. But yeah, I think

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you're right. A lot of people are moving to Dubai or Malta

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or, you know, Seychelles even. A lot of other countries that don't have

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as high tax, or in some cases any tax, like to buy on cryptocurrencies. Trump's

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saying that he's going to make the US a

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tax haven for cryptocurrencies. And if that's something that

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actually comes into fruition, then maybe Australia will, to a degree, follow

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suit. Even Singapore, a lot of people are going to Singapore. I

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think Singapore's only doing about 10% tax. So Australia's losing,

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and will lose, a lot of revenue, tax revenue over the next 10 years

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because they're scaring people out of the country. So while

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they're cashing in now, it'll sort of shoot themselves in

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So, what's the reason then you've stayed in Australia? What's

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Work is here. Everyone's here. So, yeah,

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I mean, there's really no other reason apart from that. If

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I didn't have what I have here in terms of people around

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Lifestyle and families kept you here. I've got children, you know,

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they go to local schools, you know, there's a lot of things that you think about. Yeah,

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Not really. My wife's family is from Malta, so that's

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come up a couple of times. Dubai, just anywhere really. I'm

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not really too fussed. Not fussed. But again, kids at school,

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our parents and main laws and all the families here,

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so it'd have to be something pretty drastic to make me want to move overseas at

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Yeah. Talking about family and you've

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got children, do you think about legacy

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for your family through Bitcoin and what does that look like, like

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I do. I mean, I look at Bitcoin as a way for everyone

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to create sustainable and generational wealth. And

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as I said at the start of the call, this opportunity only comes

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up once every 100 years if you're lucky. So I look at

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it as not just a superannuation for myself or a way

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to retire comfortably or anything like that. I look at it as what can

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this be in 30, 40, 50 years? How much can it

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grow and how much can it benefit my kids and their kids? I

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look at it in a much bigger picture than I think most people do. And

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for me, it's kind of like a big part of the reason I do the convention and

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a big part of the reason I speak at events and I suppose spread

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the word of Bitcoin. It's almost like a... I'm going

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to get in trouble for this. It's almost like a Jehovah's Witness knocking on your door, right?

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So they knock on the door because they believe in something. Whether

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you believe in it or not, it's irrelevant. They knock on your door because they believe that

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they've got this divine power that everyone can benefit from.

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And for me, that's Bitcoin. Bitcoin is that religion. Bitcoin is that divine

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power that I want everyone to win. I want everyone to get

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the benefits from. Because like you said before, COVID brought to

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light a lot of things for a lot of people. Anyone that knows me

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and anyone that's watched me on a podcast in the past probably knows that I love a good conspiracy

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theory. And the government has far too much control

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over us as a people. And, you know, as you said before, Bitcoin

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is a freedom money. It gives us an ability to claw back some

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of that freedom and some of that control ourselves. So it doesn't happen

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with 10 people or 100 people or 10,000 people. It happens when

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the entire country comes together and uses Bitcoin. So

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for me, it's bigger than just myself. It's bigger than

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you and me. It's a movement that deserves the

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Yeah, that's so well put. I completely agree with you. I'm now thinking

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very much like you, thinking in 40 years

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time, you know, when my children are basically

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almost 50, what's the world going to look like? And I think Bitcoin

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is the answer, you know, that encompasses that and legacy. And I'm

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also talking to people about putting something out there that's more than them. So, you

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know, people talk about leaving something for a charity, for

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example. And I said, well, why don't you sanction some Bitcoin for

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the future for that charity when you pass away and you're forgotten

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about and you know, XYZ charity now has Bitcoin

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that you've left them for in perpetuity, which I think is really, really powerful

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when you start thinking outside of your own, even your own self and

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in giving back to others. Dave, you've obviously doing a

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lot of giving back in the community with the Australian Crypto Convention. What's

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in store for 2025? Can you give us some insight to

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Well, I mean, for this year, our focus is just refining

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and making the event as sophisticated as possible. We've grown the

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event year on year by about 50% each year, which is

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wonderful. I'd love to see over 10,000 people come

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through the doors this year. That's a personal goal for me. But

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in terms of what we're focusing on, it's it's about refining

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and sophisticating. So we want high quality speakers, high quality

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educators up on stage so that if we can get even 5,000 people

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that are new to the industry that are there to learn, they're going to be learning from the very

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best. And that's the goal for me. Of course, we've got the parties

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and we've got all the fun stuff and we've got the crypto bros and actually

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you know it's a good you got the xrp army there oh they're everywhere man

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oh you gotta watch out for them they're deadly last

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year i think we had about 10 side events where companies like

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coinbase or binance that they'll put on a party around the

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event on sort of the Thursday or the Friday or even the Saturday night.

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We had the official after party on the Sunday last year with Swift

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X. We hired a huge super yacht, 800 people. We did a big drone show

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and all sorts of really cool stuff. So if you're thinking about coming, it's

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in Sydney again. We do have a super yacht again. It's the biggest super yacht

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It's a lot of fun, man. And I mean, we've got fun activations at

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the event, bull rides, and we had a dive tank last year.

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Prizes is a big thing. So the big dive tank last year,

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I think there was about 120 grand in prizes in the bottom of it. People would dive down

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There was a lot of diamond rings and all sorts of stuff.

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So that was run by a company called YX out of Sydney. And

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they put on a really cool activation with the dive tank last year. So

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there's heaps of prizes. This year, we're already talking with a

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lot of companies. I think we're up to about $2.5 million in prizes to

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go out this year, which is our biggest pool yet so far. And we're going to continue to

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So there's something for everyone, man. There's a lot. It sounds like

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it's going to be absolutely amazing. I just want to say to people who are watching this now, if you go

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back to YouTube and look at the 2024 convention, you get an

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idea of how successful that was. I mean, you

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are not playing small here. It is incredible. And

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it's so professionally put together. Now, I've got something for you,

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Dave. And this is a bit of a conspiracy for you. See, you're one

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step away from Michael Saylor. Michael Saylor is one step

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away from President Trump. Okay. Speak

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to Michael. He speaks to President Trump. He pushes the price up.

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He puts out an announcement. The price goes through the roof. There's an all-time high.

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Okay. All-time high brings more people to the

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I like your stuff. Thanks, Dave. Really appreciate you coming on

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board. I think we'll leave it there on the on the conspiracy to

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build the Australian crypto convention and a new all

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time high. All thanks to Dave. Dave Haslock. All

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right, mate. Thank you so much for joining me. No worries. Thanks, man. Hey, one

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question for you. November 2025. What's the price of Bitcoin going to be? Oh,

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November 2025. It has to be an all time high because we're going to

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make that happen. So I'm going to say it's going to be 150. Me too,

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Okay, why are you going so low? Yeah, 170, let's

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go. 150 to 170, that's my range that I'm aiming

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for for November. Wouldn't it be awesome? And also, hopefully,

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we have no tax on crypto. There we go. Not that I'm selling.

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Me too. I'm not selling. Never sell your Bitcoin. Never sell your Bitcoin.

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There you go. You've heard it from the man himself, Dave Hasselhoff. Thanks

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so much, Dave. Take it easy. Cheers. Thanks for tuning in to Crypto Collective.

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

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a five-star review on Apple Podcast or Spotify and

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make sure to subscribe to the YouTube channel so you don't miss an episode. You

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can also find more of me at I'm Matthew