If Australia brings in the exact type of digital ideas

that UK, is that a bridge too far? Is that like, no, we're

That's actually one of the things that gets me off of politics that I don't want to focus

on too much is because it just becomes... I think we should move all

You can't hit that on someone in your relationship day one of

This is why I'm not fully involved in anything, right? Because superannuation, wherever

we have that, like you said, it's not 100% safe like everybody says it is. Bitcoin

is not 100% safe either. Like, there's all this stuff about supercomputers

coming out that could destroy something. Our counter to that too, the supercomputers come

Well, they're probably going to attack nuclear codes before they care about people's stupid

I'm just saying there's a million different scenarios. 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,

in this episode of Crypto Collective, I brought in my good friend, Matt. And

I want to dive deep into his life. Why? Because he's

going to resonate with so many people right now. He's actually made the transition

from moving interstate all the way from the Socialist Republic

of Victoria all the way to Queensland, which is one of the better states

right now. And also what has been his journey in

Oh, thanks, Matt. I appreciate you having me on. Yes, I've escaped the

socialist state of Victoria, but I didn't know that until right now. Until

Yeah, well, it is the socialist state of Victoria, hence all the taxes, like

the bedroom taxes and all this sort of rubbish they want to bring in. But from

At the moment, I'm sort of all in on my YouTube channel. I had

a business running IT security. That business is still going. I

sort of sold out of that to go all in on my YouTube channel, which

is AIDIY Tech, or the website's AIDIY.Tech. I'll

leave a link in the notes. Excellent. Put it in the description and

everything. Plug the crap out of it. Go and give him a sub everybody. That's

the, and I sell merch and all that stuff too. But yeah,

what we do is, what I do, I noticed it was a growing use

of AI music. People are putting their songs out and everything, and I

sort of wanted to form a community around that AI music. And

I do four videos a day per week on

YouTube. I have a crew that I sort of work with, pump out the content. I

do lives every single week, playing people's music, helping

them create music videos, just talking about AI music

Yes, I am. Which one? My

birth country is America, but all my socials now have a

Yeah, yeah. A bit sneaky. Look, I want to touch on

that because about the way you work, because right

now there's so many people that want to obviously move. Now you've just proved the point that you

can move from Victoria all the way to Queensland, right? The Gold Coast,

which is one of the nicest places in all of Australia. because

you've got an online business, right? You've got an online business, which

is the same thing that I've got, hence why I could easily move

over to a place like Dubai, because right now I'm talking about getting the

hell out of Australia, getting out of the government control, I

know you love talking about that, and also the high taxes, and

looking to actually move out, compound my wealth outside

of Australia, but What's so interesting though is the point

is that you've got an online business. How powerful has that been,

Yeah, it's great. I mean, I know like the thing now tends

to be to sort of look down on Australia and all that, but I think from

my perspective, moving from the US, right, like you

couldn't do anything. Like if you don't have health insurance by default,

you know, if you work in a full-time job, you might

have one or two weeks that you earn a year, and probably one

or two sick days a year. So, you know, from my perspective, all

that stuff is a bit of relief, just being in Australia, if I were working a

Yeah, but you know what, you know, people live good lives, you know, and it's

been said of one of our common denominator mentors

is that you'd have to try really hard to suffer here. Yes. You

know, and that's good if you want to work full time, but you're right. Like having

my own businesses, like I said, I have my IT security business and

I could operate that remotely. And now I have my YouTube stuff and

I can operate that remotely. It's huge freedom. I

can do it anywhere. Like I have... I was set up originally

in the home we owned in Victoria, then

we moved to a rental for six months prior to moving here because we had sold the house. I

had a studio set up in a detached dwelling that

I built myself in that house. Then I moved to the rental place.

It's the exact same studio because it's just a room, right? And

But that was the rental. Then I moved here. It's the exact same studio because it's

Can you explain that though, Matt, for people who are thinking about moving even from

Victoria up to Queens? And I speak to a lot of them. What was the exact

process that you went through? And also can you talk about, you know, you

obviously sought for a lot of money in Victoria, got a much, well, what

So I guess, um, like we

started talking about the move to the Gold Coast, like, 10 years

ago, eight, maybe eight, 10 years ago, quite a while, quite a while ago. But you

know, like, like with most people stuff starts off as talk, but I've never

been talk. Like I've always thought, you know, I'm not going to talk about

someone or do something, but I was never at that stage. I

wasn't really ready. Like Deb was ready. Kind of. I think when I

talked to what she'd sort of pull back a little bit, the conversation was always

there, but I was involved in sporting clubs and I felt like at the core,

that's what was important to me. As well as some people that I

knew and people that I could catch up with and I thought, things

I do that are important are involved with people that are there. And

then after a while, I kind of sort of was disillusioned by

some of that stuff and the idea of moving, it became more of

a reality, the idea of moving up here. And at a point where I thought, Why

do I really need to catch up? Are they going to miss me if I go or something? Do they really

need me? A lot of the stuff that I established, I established it so well that

I could pass it on to anybody else. So I thought, I'm not really needed here.

I don't really want to be here anymore. I hate the cold. Deb was like ready

to go. My daughter, Brooke, with her school, we didn't really

want to be in that school anymore. Like they looked after their good school

at all, but there was things that we didn't like about it. So it was just time to go.

Things were lining up, yeah. It became realistic to go. Like, Deb

was ready, Brooke was ready, I was ready, and it was just going.

So what was the first step then? You just put the house on the market and

Yeah, once you put the house on the market. No, we waited till we sold, and

then the settlement date was like two months, so we knew we had two months to

get a rental. So we got a rental. We were planning on

moving to the Gold Coast as soon as we sold the house, but the sale

took about a month and a half longer than we'd hoped, and it got close to Christmas. We

were like, you know what? It's going to be too hard to move to Christmas. We'll just

stay here for another six months. We'll suffer through it. In that suffering, we

found out we even more wanted to move to the Gold Coast because

the house that we got was terrible, because we had to get a place real quick.

Yeah, so whatever's on the market. Whatever's on the market. We didn't want to pay a

lot because we're just like, we're not gonna be here for a long time. Yeah. It was like, you know what,

it's cold here, there's no insulation. Even more so, let's just go

Okay, but you had visited the Gold Coast a few times to look around.

Yeah, I probably made like three trips out here just to check it

out. I went here specifically to check out schools with my daughter

and my wife, and then some big storm happened, ripped

away all the beach. All the appointments we had for the schools got

canceled, and then we sort of went back. Then we came back again after that,

and I came with just my daughter. We had school interviews and met

him. You know, I'm glad we did that trip because at the time she was 11 and

it can be really unsettling just to walk into a complete unknown as

an adult, never mind as a kid, into a

And how has Deb found things in

Yeah, good. You know, for her, she said the other day when I heard her talk to

Right. What I find though, Matt, is it doesn't matter whether

it's Bitcoin, whether it's moving to another country or

interstate, you might think that, okay, I'm ready to

go, but then you've got a wife and, you know, I have an

And I have to think about them too. So I'm on this journey, even if I think about

Bitcoin, right? I say to my wife, Paula, I think we

Oh, I don't know, because she doesn't know what I know, right? And I just

expect her just to be like, oh yeah, let's just get some Bitcoin. Imagine

what it was like though, months down the track, maybe even maybe in

a year or two, when I said, I think we should move all

of our superannuation over to Bitcoin, right? You can't hit that on

someone in your relationship day one of you discovering Bitcoin. Even

Well, I think you just, as I was building conviction, this is my point, as I'm

building conviction, I expect my wife to

also have just automatically the same conviction, but they don't. And so you've

got to bring them along on the journey, which I think in your case,

bringing Deb along the journey to eventually move also translates to

I mean, every relationship's different. Like she probably was the first one

that floated the idea of moving to the Gold Coast, even though I'd been to the Gold Coast

a few times. And, you know, a lot of the stuff that I do,

she's on board with it before I am. It's the

reverse. She works full time for Telstra. She

works remote as well. You know, and she might just float

an idea that maybe we should look into Bitcoin. and then I've

got to spend months looking at watching videos and all that. Then I

might sort of fall away and there might be a video of you or a video of

one of our like a similar people that when they go like, have you watched these videos?

Okay. And I'll start watching. He's talking about this. Okay. So I got to spend time talking

When Deb came to you and said, hey, I think we should allocate to

Bitcoin, and said, go watch this, what was

the... It was kind of like, it wasn't so much like we should

allocate to Bitcoin, it was kind of like, I think we should learn about Bitcoin and

we should consider this. And I think we both arrived at the same time at

Right. So it wasn't that long before... You sort of like thought about it

Yeah, I've been involved in in cryptocurrency since

like 2016-2017. I was starting to

learn about it then. But she's the one that really did a real big push towards

crypto maybe about two years ago. Something like

And so tell us about what happened with the move then because obviously you had a

We've got over a third of our entire everything in

crypto. Mainly Bitcoin? Yeah, mainly Bitcoin.

What else? We've got

that same investment going on with the AI Wealth Pro. We've got

that going on. I've got my own Bitcoin

stuff, my own safe. But I've also got, you know, shares.

I'm not as dedicated to it as you, like 8,000% of

No, I don't yet. Unless you have one that you can give me later and maybe some

Yes, yeah. Yeah, yeah. So you're allocating to different things. Yeah, yeah.

And did you end up allocating as well? Because something that I've done, I always talk about,

which is moving my superannuation over to Bitcoin within an SMSF.

We haven't yet. This is something we always talk about. Okay. I have raised

it with my accountant. He said, yeah, we could pull the trigger on that if you want. That's not

a problem. We just have to figure out, we have to figure out

if we want to do that. Like this is something Deb talks about probably weekly.

She'll bring it up that there's a danger. The danger in

not allocating? No, there's just a danger in the companies that run

the super stuff that they're falling over. Like I actually had a big contract for

one of the major, actually have a stadium. I won't say who it

is, like I had a major contract when I was in IC security. The people that run

the stadium over the Gold Coast, but like, like

I don't see the danger in it that she does that it's going to fall over I mean crypto

could fall over I suppose as well and

I know I know the government is doing things to consolidate the

superannuation companies that aren't running so well to have them combine and

then piss off uh with the ones that are being run well

Red Shield maybe, but anyway, it was a couple of funds that

had people's superannuation, right? But they weren't, my understanding is

they weren't superannuation companies per se, they were just funds that

had people's superannuation. And financial advisors had

told 12,000 Australians, hey, go and

allocate your funds into this fund over here. And it turned out the fund just

Yeah, so they ended up being dickheads in the way... Well, they

Yeah, so now they're gonna just flick it like, oh, this is something that you should have

I don't know. But here's the thing, though, is the financial advisors, obviously, they

were getting remunerated for suggesting to go to XYZ company,

right? And now you've got these 12,000 people that are just like, No

money. Can you imagine being 65, you're like, tomorrow I'm

retiring. And then you just go on to your account. It's zero. I

mean, it would absolutely be devastating to think that you'd

worked your whole life ready to retire with a decent amount. I

think one guy in particular had over like $1.5 million in this account.

And so I guess this is what they say is the counterparty

risk, right? Which is we in Australia assume that

when we've got our funds sitting in a superannuation company or just

a company that looks after your superannuation that everything

is great and that we never any problems, right? Because that's we just think that.

It's not very widely spoken about in

the media. I mean we don't even hear about this one anymore which is only just recent, right? And

so I guess by allocating to Bitcoin, if you are fully convinced...

Because superannuation, wherever we have that, like you

said, it's not 100% safe like everybody says it is. Bitcoin is not 100% safe either. There's

all this stuff about supercomputers coming out that could destroy stuff. But

our counter to that too, the supercomputers come out, they're going to wreck your bank

Well, they're probably going to attack nuclear codes before they

I'm just saying there's a million different scenarios that could basically be devalued to

And I think what you told me is quantum computing. You'd know

But my understanding is that... I know about quantum computing when I read about

And also like conspiracy theories. I had someone that actually his

interview is going to be released on my channel tonight talking about Google

had some quantum chip that went out and it was isolated. and

it rewrote its own code and they couldn't figure out how. And the only conclusion to

that was it was so smart it went back in time and rewrote its

own code. The way they discovered it

Maybe that's why it wants us to know, because

it's giving us a hint. Yeah, awesome. Now, everybody's going to be looking into

My point though is that from the people that I've listened to who are

more experts in this space think that one, it's not even an issue for at least

the next five, seven years. And when and

if and when quantum computers do get to a point where they can attack the network of

Bitcoin, there will already be other computers that are out that will

And that's the thing is right now. the current blockchain of

the network of Bitcoin has never been hacked. You

cannot destroy it because there's so many nodes with basic computers

that make up the system and you'd have to have I guess you'd call a

51% attack and you just simply can't do it. It would not make any sense though

to just on that point if someone was to attack the

network thinking they were going to steal the Bitcoin or something then

the price would drop. So their price of their Bitcoin would drop.

And in order to attack the system, it would cost so much money, it

would just be better to simply put that money into Bitcoin

Yeah, there's disruptors that would just do it, if they could do it, just because.

Anarchy. Yeah, you're right. But my point in all that

is I don't have everything in Bitcoin. I have a large amount for

our risk, I guess, comfort level, which is a lot. I

think it's a lot more than what most people would have. It definitely is a lot more

than what most people would have. A larger percentage of what most people would have

I've got in it. But I've got, like I said, shares that I feel comfortable with, and

I can do what I want. I've spoken to Matt about this. He's, I don't

know what he's thinking, but he's got cash sitting in

bank accounts because what are you getting? I'm getting like 5% or

something like that. But it's not a huge, I don't have like that. So basically

the money's, look, it's better than doing like just sitting under the

bed. You know what I mean? Because if it was sitting under the, under the bed or

the mattress, it would literally just be devaluing. At least you're

trying to keep up with inflation, I guess. So it's one, But

you keep that liquid cash, just like rainy day money?

Yeah, it's got to pay. Also, like if I want to buy more Bitcoin or if I

want to put more money into AI Wealth Pro, I can do that. So in your mind...

I just don't like to keep it in the stuff that's earning, like I need to keep some

So what I do is like, this isn't a strategy anybody, this is

what like, I keep a certain amount

of money there. It's probably like not a small amount of money for

rainy day or paying rent or whatever. Yeah, it's

like a surplus fund. Whatever it is, but yeah, I just don't keep it. Like

I just open when the introductory rate of the

I just open up a new account. I just had an idea. You should do it on your YouTube

channel. Yeah. On how to find the best introductory rates.

But you know like you're talking about like half or one

No, I don't like I don't because like it's all available

online. I suppose I did when I first started doing this and it just does

nothing right and there's like the online if you like your

online bank accounts that have like a three-month introductory thing like Rabobank

and like whatever else is out. The amount of pain in the ass

all that is, when I need to be doing stuff on YouTube and I

need to be figuring out stuff on Bitcoin, is you only have so much time to

learn all that stuff. So I do that because I don't want 1% or 0%. I just

You should come into the Crypto Collective community more often. Maybe

I should. And learn all the stuff that I put in there, which is absolutely free.

You can find the link in the show notes. I'm feeling that, yes.

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Use the link in the show notes to learn more. Now back to the episode. So

what's the next step for you then like in your wealth creation? Is

it allocate more to like have you

got like a dca strategy a dollar cost average strategy where

you're just putting like money in every single week for example or

you're just sitting you just put the allocation in in lump and then you're sitting

back to see what happens i was doing that with shares i was like a certain

amount i allocated every single pay i had to

No, I don't have that with Bitcoin at the moment. Right now, we just had

a massive amount, like a lump sum going to that AI Wealth Pro. I

would say we're definitely more than most people

that would have invested into that strategy. I don't know if you want to give context. No,

everybody knows. Yeah, cool. So yeah, we've done that, and right now it's

just, my strategy is figuring that out, because

we're really new to that. Like, funnily enough, we

went to a sales funnel for leverage trading

months before we got involved in this, because I kind of

sort of half knew. I kept seeing YouTube videos of leverage trading

come up, and I'm like, hey, ChachiBT, what the freak is that?

And then it would say, and I said, I have no freaking idea still. So

we went to someone's funnel. We basically, Deb and I, exchanged

like death packs that we will not buy into

whatever this... Before we went into

AOL, it was a different thing altogether. It was a face-to-face thing

So we're just going to go there and learn. So we spent the day

and started off like, oh, and you know, we're here. We're going to

sell you something at the end. Like, yeah, we all know. Like in that

in that like bit of vulnerability, you're supposed to feel a bit more comfortable. But

anyway, we learned a whole lot about. Leverage trading so

when the air wealth pro stuff came out like just by

chance Like I understood to a point what leverage trading

was I understood the risk behind it. I was able to understand How

they're sort of mitigating some of that risk I understood it to

a level not like at a 10 probably like at a 4 or 5 or

something like that so now I'm just trying to really understand that and

monitor that and and That's what I'm doing now, is

So basically Matt and I are in a trading program that you could be a part of too. However,

it used to be a very small entry price, but now because there's so many people

that are in it, they've capped it now at a minimum of $100,000 USD. So

just to put it out there, I know that's a lot of money for a lot of people. It's

giving on average 24% returns, you split

the profit with the company and they invoice you for their share. It's

also self-custody fund. So that's all I'm really going to say on it. If you

want to know more about it, you can always reach out to me, send me a message directly. You

better actually just come into my Crypto Collective community because I talk about

it a lot in there. You can reach out to me in there and you can also find out if

there's any more seats available. Maybe by the time you see this video, it actually might

be done. But keep in mind, minimum $100,000 USD. So it's

Here's the context. Well, you've said it so many times now. So it's like, OK. Because

I'm going to get 1,000 messages now. Like, what was that thing he was talking about? Tell us. There you

So you did this little leverage trading thing and then you sort of figured it out and then decided

It was what we decided ahead of time not to do with them because you know there was

we thought like honestly we had to talk if if we're gonna do anything

like that we're gonna do it through you not some guy that we don't know right

so yeah so what else are you guys doing then as far as um

investing goes I mean we're always looking at Bitcoin

when do you think you'll get obsessed no man like we

seem to be talking on the phone a bit more so it's probably not far off like

you said have you orange peeled anybody else into into Bitcoin You

know what, there's people that... And have they disowned you? No.

Here's the thing, right? We're involved in a pretty conservative family.

As far as investments, you invest in superannuation, you do this, cut

and dry, and then... I mean, I want to say, you

want to talk about relatable. There's going to be people here the exact same as me. Like,

you asked me what I did for a living. Like, I was honest about my YouTube. I

do my YouTubing. To basically say that to people outside

of people that I feel comfortable in saying that, it's tough. Talking about Bitcoin

and all that, and just knowing you're going to get blowback, and people say like,

geez, a risk, and blah, blah, blah. And then the

shots that people would take, like, And you know how they're talking

about you behind your back and the questions they ask. And the

Then you say, yeah, I know, it's totally crazy. But

the thing is, I kind of relate to those people because I

was there too. All last decade when

Bitcoin was, you know, doing massive returns, I

just wasn't even thinking about Bitcoin because I was just too focused on

You know, making, you know, I had a new business. We were obviously struggling to pay,

get the business up and running and just going through all this shit that other people go

through. Yeah. So I hadn't just no thought or concept to think, oh, I'm

going to allocate some money into this Bitcoin thing. I just completely ignored it.

And maybe because I did ignore it. I just had an immediate

default setting that was, oh, it's a scam. You know,

I'd much rather buy property because you could touch property and you can see it. Even

though right now I'm basically selling off all, heard this a million times now,

dematerializing everything. Sold all the cars, the properties are going. That

was the real estate agent just, we just missed the call then. She's probably telling

me, hopefully that's, you know, that everything's good. But, and

just moving everything more into a digital aspect. Two reasons

though, Matt. One is, I think I'm getting ready to, if

I want to move, I don't have to worry about all these other physical assets

that are still in Australia. So what about, have you thought about, because I

started off with this, you know, kind of pumping up the online business because

obviously you can just pack up and move somewhere. Do you ever think

about maybe we need to move to a different location,

Not in a serious way, we haven't. And I'll tell you why

it's like a dead in the water conversation for us at the moment. We only just moved to the

Gold Coast, right? We have a 12 year old daughter. She's, we

ripped her away from her, like, lifelong friends

that she had, like, with Mother's Group, when she was a baby. She's

still, like, really good, tight friends, trusting with them, talks

to them online, things. And now she's just starting to get settled into

the Gold Coast, and she loves the school, like, The

school that she's at, it's a private school,

it's a small private school, only about 10 minutes from

Yeah, that's the focus at the moment. Like, we're going to pay a little bit

But you also don't worry, which, correct me if I'm wrong

here, but I think you're a person that doesn't worry about

No, that's not true. I try not to be

obsessed with it because I'm constantly trying to learn stuff and

grow as a person and get better at, say, my YouTube and everything

Okay, let me just ask you this then. If Australia brings in

the exact type of digital ideas the UK, is

The UK right now is bringing in the digital ID, right? That is Keir Starmer,

Prime Minister of the UK, literally announced a couple of days ago.

So by the time this airs, maybe a few weeks ago. You know, I did hear about this.

Yeah, hear about it. I mean, it was all over social media, what have you.

And he's talking about, he said, it is mandatory. You must have

the digital ID if you want to work in this country. Now,

how are they pitching it though? The sales is because we're trying to stop the

boats coming in from France. I mean, like, come on,

That framing of stuff that, like, look over here stuff, that's always

pissed me off. And that's actually one of the things that gets me off of politics that

I don't want to focus on too much, is because it just becomes...

I see what they're doing, both sides. I know you're particularly one side

I mean, let me just touch on that too, because right now, for

example, the Liberals in Australia are doing a

rubbish job. Like they're absolutely garbage. They

should be holding Labor to account, particularly for unrealized capital

gains tax on superannuation. I mean, they basically said nothing about that.

And if they did, they should come out and say, we're completely opposed to it. And if it does

get brought in, we're going to trash that

policy if we get back into government. The digital ID, which

is basically through this over 16 issue, right,

in Australia, the coalition should come out and say, we're opposed to that too. But

You know, they did knock back that thing. The Liberals knocked back that thing straight up

where it was like, we're going to decide what can be posted online or

not. Like, there was a thing. They defeated that.

Like, I think I wrote to my member when it was being proposed. That

was like under some censorship. Some censorship laws. So they

do do it. I think they're so afraid of

I think that's the thing that they have to take a stand.

Yeah, just let us get in. Then you'll know what we've taken

a stand on. Yeah, basically. Let's talk about

the digital ID stuff. I'm curious about that because As

What I want to tell you then, it could come to a point like the digital ID

system, which is under a social credit score, right? So

if you know anything about how China operates, that

scares the absolute bejesus out of me. And

it's so 1984 Orwellian, it's

not funny. Now, if you've read that book, you realize it's actually practically

true and it's written like decades ago, right? Now, what it

means though, if you've ever seen any of the clips going on in China, if you

do something wrong, right, what the state considers wrong,

you'll get your photo plastered across like a

billboard in the city and it'll say, Matt, he's bad,

They did an episode of Black Mirror on this. It was all based on

social media, right? And you could, you walk into a coffee shop

and they go, Oh you're bad and you get a negative and people at

a certain social rating that certain credit for they can live in certain houses they can

be in certain neighborhoods and then once you get a low enough social credit

Yeah well now that you say that if you don't support Bitcoin you

can't be in my neighborhood. I love that system.

What percentage do I have to come clean the percentage? I said

Maybe I need to bring them in so I can orange peel more people. That'd

But I feel very comfortable and I'm not sweating right now because I thought this

Yeah, yeah, yeah. So seriously, like it could literally get to the point where, you

know, you've met your carbon credits on airline travel

on filling up fuel in your car, you've

had too much meat so you can't buy that anymore, right? And

there's nothing to stop the state from imposing restrictions

on travel. Let's say you speak out against the

I mean, look what's happening in the UK. Look what's happening in

the US. If you speak out against the president, you

You could be kicked out of your career. What's speaking out, like speaking out saying you

want him to die? I mean, that's... There's,

Yeah, but there's people that are talking about, I don't agree with his policies that are taking constant

shots at him and calling him an idiot. And the networks that

are hosting those people are being threatened with lawsuits. Yeah,

but that's a lawsuit. That's not what we've banned

Well, I don't know how it operates in the US, right? You obviously have freedom of

speech there, and obviously you have the right to sue for defamation. I mean, even

Macron is also suing someone from the US for defamation

Let's just say, to the point of, yes, I agree with you, and I'm using

that as an example, and I don't agree with it, and I don't think it

should be done, right? I guess we're circling back

to Bitcoin. You have your stuff in your Bitcoin

safe, right? They can't touch that. That's in your safe. I've got that in

my treasure, whatever. Is that what you're eventually circling back

Well, I mean, we just touched on digital IDs, of course, and I certainly

don't approve of it. And I guess, yes, that kind of does where it

is where it kind of comes to is that self-custody of your money. Because

under a digital ID system, state-controlled, they

could say, Matt, we don't like you, what you said, or you did something

wrong. Freeze your bank accounts, freeze your shares, whatever. Now we've already seen this even, I'm

not even sure if they have a digital ID in Canada, but they froze people's

bank accounts based on, oh, they weren't supporting the COVID lockdowns basically, right?

All bank accounts frozen. Now could that happen in Australia? Now

my point in the beginning was, I guess, and I even ask other

people this, at what point do you decide to move out

of Australia, right? With rules like that. And

The way I answered the question is right now that's not being considered because my daughter right

now in school. Yes. If we were at the point where, if

Like, if I could objectively look at that and go like, I

We're still walking around freely, but it's that frog in

Yeah, it's also like they say, like, until they come after me, right? If it's not my

people being targeted, then who cares? Then all of a sudden my people are being targeted.

I want to freak off to Dubai, right? But even

that being said, like, If the danger is that it's that

Orwellian here and people being pulled off the streets and being deported,

you know, and there's no due process whatsoever, that would

That's right. Exactly right. Yeah. But yeah, that's exactly right.

Get him. Yeah. Yep. I'll be like, how are you going, Cobber? I

Yeah, I mean that's what's happening in the UK, right? You've seen people with this, with

speech now. If you post something on Instagram,

That happened in COVID too, like as much as... In Australia too, yeah, it's insane. Definitely in

Victoria it happened, like there were people posting in Victoria, I don't care about

the lockdowns, they're going to be going to this march or whatever, there was a... and

the police showed up at their house. Were they like next door neighbours of yours or

anyone? It was literally me, and I went to jail, no,

yeah, I told on them, yes, correct. No, but did you know people? No,

I didn't know anybody like that. This is this is like on whatever, Herald

Sun or whatever it was online or what came up on Facebook feed.

So that was happening, but I don't know if that was legit because there was

a big thing happening at the moment. No one knew if people were going to die. I don't know.

I don't know if that was an excuse. Like your audience is definitely going to have opinions

on that, but I guess the point is the power is there for

them to leverage that. If that was legit, and it could have

Yeah. Okay. Well, guys, if you've stayed with this conversation all

the way up till now, thank you for doing so. Leave a comment and

let me know what you would actually do or at what point would

you consider leaving Australia? Is it something like

more lockdowns or is it an actual fully nationalized digital

This is a great conversation. I want to keep going. You know, I don't like talking politics with

Damn it. I know. But I want you to, I want to add

some more value to the people watching. As someone who's

sort of fairly new into the Bitcoin, like you've allocated a lot, what

would you say to people would be the things that you would maybe even do differently

again? Like would, for example, you not put a lot in now in

I would have bought a shit ton of Bitcoin. So 2016, you wouldn't have bought Litecoin,

I mean, at the time, that was looking like it wasn't an altcoin. It looked like

it was like parity. Taking over the system. Yeah, it looked like it was parity. At

the time, it was viewed the same way Ethereum's viewed now. Like the

cousin of Bitcoin at the time. So people buy

Yeah, well, you know, Kevin O'Leary, Mr. Wonderful, I

just saw a video of him only a few days ago. He's now, he

had about 26 different coins. He's now, he's

got a whole, he's consolidated, but he's got a whole team of people behind him and

basically has come down to the conclusion only, he sold

everything and it only has Bitcoin and Ethereum. Yeah. Now,

I don't own any Ethereum. I have in the past, but I don't own any Ethereum now. My second

biggest holding is Solana. But let me just be clear, although I'm

an absolute Bitcoin maxi, I'm selling all altcoins.

Once I get out, I think actually what's going to happen is after this cycle, I'm going to

Let me talk about also, like your question about

what I would have done differently. I've always sort

of taken pride in the fact that I don't give advice other

than something I'm really skilled in or I know, or at least

I give the advice up to the level that I know them, right? And

that means I don't, and this has been more and more something I've learned through my

life is not to gravitate towards

sensationalism or someone big noting

himself as knowledge, right? So when I first got in, the first person

that got me in gave me advice, which is just get

into altcoins of stuff that you believe in.

So that was the advice, like if you believe in Tomahawk missiles.

If the logo looks good. Well, it could be like this. like

SpaceX or whatever. Well SpaceX is a bad example because they make a shit ton of

money but let's talk about something like you

believe in copper cabling through Australia or whatever and

there's an altcoin that's based on copper cabling. So like I strongly

believe in that. That's the reason I want to get in that because I value that. Well that's

not really a financial reason. So my

Let me step back. The thing that I would suggest is find someone

that's legit knowledgeable in whatever area

of investment you want to be in, like with you with Bitcoin, and

go to that. Someone you can trust that you know is knowledgeable, objectively knowledgeable,

and then go to that one which I would say

Well, I just want to put this out there. Although, you know, some people might see

me as the all-knowledge of Bitcoin, I

actually don't see myself as the all-knowledge of Bitcoin. I'm constantly learning

more and more about Bitcoin. Now, do I

know probably more about Bitcoin than the new guy? Sure, but it's

completely evolving for me. And that's what I love about Bitcoin

is you... The more you learn about it, the more you

start to, I guess, it's life-changing, to

be honest. You start to look at the world differently through Bitcoin.

So this is why you are the number one guy, I guess, in Bitcoin. Because there's

this thing that says like, I don't know, there's like a reason, psychology,

or there's a term around it, that stupid people think they're smart, right?

They don't, they have no idea what they don't know about. But really smart

people think they're stupid, because they know that they have to keep reading, they

know there's all this stuff they don't know, so they keep trying to learn in

investing so you just basically said you don't think you're the number one

guy you don't think you know at all that's perfect that means you are smart on

the subject and and and people probably should follow you right

well there you go well thank you for that clarification i wasn't here i wasn't

here to plug you by the way so you know i've got so many like

i keep collecting all these books now on on bitcoin related stuff

stack now at home. I'm like, oh my God, I've got so many books to get through. But I'm then

I'm also so committed now to the crypto collective community. So

I spent a lot of time in there, like responding to people and what have you and

doing videos and giving not advice, but you know,

things that are happening in the market, but not so much of Bitcoin is going up

or down more things like, hey, this is what's happening in banking, you

know, If you want to get your money from the bank to coin

stash, for example, and big plug to coin stash, the number one crypto exchange

in the country, then this is the best on-ramp to do it. So tactical,

practical things within the space is what I like to talk about. And

then I let people go on their own journey of understanding the

fundamentals behind Bitcoin because it evolves and it's

always different too depending on where you are in your

life, right? If you're already a multi-multi-bazillionaire, then

it's kind of a different for you because you might want to like, hey, I'm going to buy Bitcoin

as a store of value because I don't want my money eroded away sitting in

like interest, mining interest accounts, right?

But if you're someone who you're thinking about retiring in the next 20 years and you're looking

at your super and you're like, shit, I've only got like 180 grand. I'm going to be on the pension. I

need to do something here, then maybe allocating some

of your super to Bitcoin might be the best option for you. So they're two

different places, right? The guy at the top's not thinking about retiring

because he's good, right? But he doesn't want to lose his money, he just needs

So yeah, I think there's more room to move on the confidence too, because

everybody says like do what the billionaires do. Well, some of the billionaires

are starting to put their money to Bitcoin. There still are like people talking about gold

or Coca-Cola shares or whatever they're talking about. I think Buffett

took all the stuff away from banking or whatever. He's starting to do other things now. But

as you're seeing more and more billionaires, They

say follow them, invest in what they invest in, and they're starting to...

I don't follow any of those people. Oh, you would have made a ton of money. Ah,

damn it. Followed the Pelosi trades. Yeah, yeah. Yeah, now you

This is my thing, right? We should probably buy into Tylenol right now, which is what

I mean, I've seen some of the women on there, they're throwing down these

Tylenols in defiance of Trump

This is what he does, right? He tanks the price of things,

then quickly reverses that once it's low after all his buddies

Yeah, I don't know. I don't know. But anyways, maybe he actually just came out to

I don't know why. Did he come out and say it or did R.S.K. Jr.

I'm just wondering why would he have to come out and say that when we're the health minister?

He says things. You see what I'm saying? Anyway. Yeah, well he did say that. Before we

go down too many rabbit holes, I think it's probably time we wrap this up because

we are out of time. I want to thank you for coming in to talk to me

about your life and times and your investment strategies and give some insight to

people who are brand new, particularly in this space. And maybe they can too move

out of the socialist republic of Victoria and

Yeah, come to Queensland. It's pretty awesome. You get to go to the beach. I picked my

daughter up at the beach, at a period of school. Take you to the beach, have

Anywhere you live is 10-15 minutes away from a nice beach.

Actually, we have to put a gate up. No more Melbourneites. It's

full. No more Victorians, stay out. It's full. All right, Matt. Anyway, thank

you so much, guys. Look forward to seeing you on the next episode. Take care. Thanks for

tuning in to Crypto Collective. If you've enjoyed this episode, the best

way to show your support is to leave a five-star review on Apple

Podcast or Spotify and make sure to subscribe to the YouTube

channel so you don't miss an episode. You can also find more of

me at I'm Matthew Fraser on all