Foreign.
Charles Rose, Jr.You're listening to the Master Passive Income Podcast Network.
Charles Rose, Jr.Welcome to the Breakthrough Investor Show.
Charles Rose, Jr.My name is Charles Rose, Jr.
Charles Rose, Jr.And we focus on breaking through limitations and barriers to get you to that next level of investing.
Charles Rose, Jr.Usually we have William Palmer, my amazing co host, with me on these episodes, but he unfortunately couldn't be here today.
Charles Rose, Jr.But we'll see you on the next one.
Charles Rose, Jr.And today's episode, our guest will be talking about the hot crypto market that many are talking about right now, including President Trump.
Charles Rose, Jr.He will also mention how he got started and how for the first time in history, you can beat the banks and large companies in getting in early on on these technology investments to build generational wealth.
Charles Rose, Jr.So let's get started.
Charles Rose, Jr.Welcome to the Breakthrough Investor show where we guide you to financial freedom and break barriers in your investing to give you the secrets to success.
Charles Rose, Jr.And now, here are your hosts, Charles Rose Jr.
Charles Rose, Jr.And William Harmer.
Charles Rose, Jr.Hi, everyone, it's Charles Rose, Jr.
Charles Rose, Jr.With Breakthrough Investor where we help you break through that next level as an investor.
Charles Rose, Jr.Usually we have my amazing co host, William Palmer on the show, but he had some things he needed to take care of with his family and couldn't be here today.
Charles Rose, Jr.So he just wanted you all to know that he misses you all and he'll be back on the next one.
Charles Rose, Jr.But today, man, I'm super excited because there are some people that you meet in life and you never talk to them again.
Charles Rose, Jr.Maybe you had a good moment or maybe it was just an okay moment, but there are some people where, when, when you, the minute you start talking to them, it's life changing.
Charles Rose, Jr.They, they.
Charles Rose, Jr.It almost seems like, you know, that person is, is a, a friend or brother, you know, that, that you have and didn't know.
Charles Rose, Jr.You know, it feels like, you know, I feel like I know you somewhere.
Charles Rose, Jr.Well, that guy, I'm so glad that I'm able to bring him on the show because I went to a conference earlier this year, so me and Dustin.
Charles Rose, Jr.So Dustin is the founder of Master Passive Income and the Real Estate Wealth Builders Conference and this podcast network or a group of.
Charles Rose, Jr.So Dustin and I was at this conference in Dallas, Texas, and, you know, we were doing some networking and meeting people.
Charles Rose, Jr.Well, I ran into this awesome guy in his team.
Charles Rose, Jr.We started talking.
Charles Rose, Jr.I didn't quite know, you know, what they invested in.
Charles Rose, Jr.Most people at the conference invested in real estate.
Charles Rose, Jr.So the guy, he started talking about crypto.
Charles Rose, Jr.I was like, oh, my gosh, what did you say?
Charles Rose, Jr.Crypto, dude.
Charles Rose, Jr.I love crypto.
Charles Rose, Jr.I'm a crypto.
Charles Rose, Jr.Investor.
Charles Rose, Jr.Like, as crypto investors, crypto is being.
Charles Rose, Jr.Crypto is being more known more and more, but it's still unknown by many or people heard crypto don't know what it is.
Charles Rose, Jr.So we just like literally started talking, like our crypto talk, talking about the crypto market, how we got started.
Charles Rose, Jr.It was just amazing.
Charles Rose, Jr.Like, so Dustin, you know, saw me talking to them and I.
Charles Rose, Jr.And, and literally left me at the networking event.
Charles Rose, Jr.Like, we were there until like 1 or 2am in the middle of the night.
Charles Rose, Jr.So I had an amazing time with him, he and his team.
Charles Rose, Jr.So I'm just super excited to bring him on the show because this is our first crypto guest on the show and he's going to share with you some insights into the crypto market to help you build some generational wealth.
Charles Rose, Jr.He is a crypto tech investor and educator.
Charles Rose, Jr.He educates communities on digital asset transitions.
Charles Rose, Jr.He and his company, they, they help you and this team, they help you navigate crypto.
Charles Rose, Jr.And their company is called Navigating Crypto.
Charles Rose, Jr.So he is an awesome person at that company and he's going to share with you some, some insights that, that you.
Charles Rose, Jr.That you haven't heard of anywhere else, and he's going to help you set up yourself to build some generational wealth.
Charles Rose, Jr.So without further ado, I'm just so excited to bring him on the show.
Charles Rose, Jr.Travis Pitch.
Charles Rose, Jr.What's up, brother?
Charles Rose, Jr.How you doing today?
Travis PitchWhat's up, Mr.
Travis PitchCharles?
Travis PitchI'm doing amazing.
Travis PitchFeeling blessed.
Travis PitchI just want to.
Travis PitchFirst of all, I want to give it back to you, sir, because like you said, there's some moments that you may meet people in life and you feel like they're, you know, you had a good moment.
Travis PitchYou met them at a business event, you met them at a conference, and, you know, you did a business deal and you moved on.
Travis PitchBut, you know, we didn't even do a deal.
Travis PitchWe just met and we connected and it was just an instant felt like, brother, like you said.
Travis PitchAnd it was just, you know, like you said, you don't normally stay out at those networking events too late at, you know, the, the meetups.
Travis PitchAnd we were there, we, we, we closed the restaurant down.
Travis PitchIt was, it was a great time.
Travis PitchAnd so I'm super, super excited to join you on your podcast and I just.
Travis PitchThank you for the invite.
Charles Rose, Jr.Oh, man, the pleasure is mine to have you on here, man.
Charles Rose, Jr.This has been brewing for a while and I think the timing is really good because I think crypto is getting a lot of attention right now.
Charles Rose, Jr.And, you know, I Think a lot of people don't even know what it is and the technology behind it.
Charles Rose, Jr.So I'm.
Charles Rose, Jr.I'm happy for you to unpack that because, man, I heard you explain it to some people at the conference, and I'm like, man, like, yes, what he said, he knows exactly what to say.
Charles Rose, Jr.But before we get into some of those, you know, technical stuff, man, I'm sure our listeners want to hear more about you.
Charles Rose, Jr.So tell us more about how you get started on your investing journey, man.
Charles Rose, Jr.What made you want to do it?
Travis PitchYes, sir.
Travis PitchSo it was actually during COVID you know, that I got interested in investing.
Travis PitchI have a background as a union electrician.
Travis PitchI was in the electrical union in Chicago.
Travis PitchAnd so it was literally.
Travis PitchI literally finished my fifth year of my apprenticeship, and I got my freshly minted journeyman card, and I was, you know, excited to go on the road and, you know, take my electrical skills on the road across the country.
Travis PitchAnd then Covid hit, and I did not work one hour as a journeyman electrician.
Travis PitchOur union, they gave us the opportunity to apply for unemployment if we felt unsafe going to the job site, if we had kids or if we had, you know, older family living with us at that time, or if we just felt unsafe.
Travis PitchSo, you know, I saw that as a tremendous opportunity.
Travis PitchAnd, you know, I just said, you know what?
Travis PitchI'm feeling unsafe.
Travis PitchIt was.
Travis PitchIt was opportunity.
Travis PitchYou know, I was actually making considerably more my salary because Trump, he boosted the unemployment, and my union boosted our supplemental unemployment.
Travis PitchThat's designed to, you know, kind of pad the loss of.
Travis PitchWhen you're on unemployment, you know, as a construction worker, as a.
Travis PitchAs a union worker, you're often on.
Travis PitchYou could often find yourself on unemployment because, you know, when a.
Travis PitchWhen a job site finishes, then, you know, there's no work for a couple months.
Travis PitchAnd so our union was always really great with, you know, helping us with that supplemental benefit.
Travis PitchSo it's like we're still making our 40 hours, even if we are out of work, so we're still getting paid throughout the year, our full salary.
Travis PitchSo it was, you know, our union was really great with that.
Travis PitchBut, you know, during that.
Travis PitchThat transition during COVID where everyone was kind of at home, free time on their hands, in some cases, you know, they found themselves unemployed.
Travis PitchMost people were finding ways to try and invest.
Charles Rose, Jr.Y.
Travis PitchThat's exactly the process that I found myself in.
Travis PitchYou know, I was at home, and I had, you know, money burning a hole in my pocket and a lot of free time.
Travis PitchSo, you know, I actually got involved in a network marketing company that was specializing in foreign exchange currency trading.
Travis PitchAnd so at that time started trading foreign exchange.
Travis PitchAnd the funny thing is that my first time trading in the market, I actually, you know, I took about $1,000, just, you know, casually trying to wet my feet in the market, and was able to turn that $1,000 into just under $4,000.
Charles Rose, Jr.Really?
Travis PitchThat's awesome.
Charles Rose, Jr.That's phenomenal, man.
Travis PitchYeah.
Travis PitchSo the thing is, the cool thing about it is it only took me eight minutes to do it.
Charles Rose, Jr.No way.
Travis PitchYeah, we did.
Travis PitchWe were doing one minute trades, binary options, high frequency options.
Travis PitchAnd so we did a trade in the morning and a trade at night.
Travis PitchAnd I went seven out of eight in four days.
Travis PitchSo in eight minutes, I was able to, you know, grow my investment to $4,000.
Travis PitchAnd so, you know, my mind stretched after that because I think it was about like $25,000 or something like that an hour.
Travis PitchAnd I was only making about, you know, $90,000 an hour or a year, you know, so my mind stretched at that point, and I was like, okay, what am I doing, first of all, as a union electrician?
Travis PitchAnd why am I not doing this?
Charles Rose, Jr.Yeah.
Charles Rose, Jr.Wow, that is amazing, man.
Charles Rose, Jr.So.
Charles Rose, Jr.So.
Charles Rose, Jr.So that right there was.
Charles Rose, Jr.Was kind of like an eye opener for you, right, to see that, you know, I am just limiting myself with this job, you know, and it was probably a good union job, you know, making, you know, a decent amount.
Charles Rose, Jr.But when you saw how much money you could make and build wealth in this other space.
Charles Rose, Jr.So that would you say that kind of opened your eye to start looking into crypto next?
Charles Rose, Jr.Like, what was that?
Charles Rose, Jr.Journey into crypto?
Travis PitchYeah, like I said, I was involved in a network marketing company, and it was, you know, there was a lot of opportunities within that company as far as, like, the network of people.
Travis PitchFunny story about me is I used to actually hang out with some celebrity musicians.
Travis PitchAnd in Chicago, these guys are pretty famous.
Travis PitchAnd the guys in the company that I met, they were fans of these.
Travis PitchThis group of musicians.
Travis PitchAnd so when they found out that I knew them, then I was that guy.
Travis PitchSo I was, you know, on the inside, I was getting the information from the what the right wealthy people.
Travis PitchAnd they were crypto investors.
Travis PitchYou know, they were in the foreign exchange, you know, trading the stock market.
Travis PitchIt was a stock market foreign exchange company, but there was kind of a small niche of crypto investors, and those are the people that introduced me to it.
Travis PitchSo, you know, I, like I said, I very.
Travis PitchI started small.
Travis PitchI put 2,000 bucks into XRP and about three months later that turned into $10,000.
Charles Rose, Jr.Wow, that is amazing.
Charles Rose, Jr.So, man, I'm going to back up just a little bit, man, because some listeners are listening right now and don't even know what crypto is, what XRP is.
Charles Rose, Jr.Can you give a quick, I know you're an awesome educator and y'all educate so many of your clients and help them build massive wealth.
Charles Rose, Jr.Can you give a quick breakdown on what crypto is and also what XRP is for our listeners?
Travis PitchYes, sir.
Travis PitchSo as far as what crypto is, we're just going through an evolution of technology where, you know, data and the way that it's stored and transferred is, you know, evolving.
Travis PitchWe're going from a paper based society to a digital based society.
Travis PitchAnd so the advantages of cryptocurrency and blockchain technology is there's increased efficiency in transactions, there is increased speed in transactions, there is a cheaper cost for transactions as well as transparency.
Travis PitchFor things like real estate titles and car titles, there is a trackable record of every sale that occurs.
Travis PitchAnd so that can limit the fraud that occurs in asset sales.
Charles Rose, Jr.That makes sense.
Charles Rose, Jr.And, and just to kind of attest to what you're saying about like making the transactions cheaper, because I really want our listeners to really like, you know, understand how this helps.
Charles Rose, Jr.It's so much more than the cheaper transactions.
Charles Rose, Jr.But, but just practically for some of them.
Charles Rose, Jr.Right.
Charles Rose, Jr.So I have family living in the Bahamas and the Dominican Republic and sometimes, you know, I send money to family.
Charles Rose, Jr.My wife and I, we do that.
Charles Rose, Jr.So to send money through wire through your bank?
Charles Rose, Jr.Yeah, it's about $60 at my bank to send.
Charles Rose, Jr.And then they also have to pay to receive the money in their account too.
Charles Rose, Jr.So there's, there's on both ends.
Charles Rose, Jr.Right.
Charles Rose, Jr.And then if I want to send it through a service like Western Union, depending on the amount that you're sending, it could also be anywhere from 8 to $60 or whatever.
Charles Rose, Jr.Could even be more the more you're sending.
Charles Rose, Jr.Right.
Charles Rose, Jr.With Western Union, but with crypto is zero.
Charles Rose, Jr.I send it on networks like Solana, which is, you know, a whole nother network to get into.
Charles Rose, Jr.Right.
Charles Rose, Jr.I believe it was a layer one landmark.
Charles Rose, Jr.So I sent, I sent money through through Solana and it was completely free.
Charles Rose, Jr.So I could send money to my family completely free and fast.
Charles Rose, Jr.Way faster than banks.
Charles Rose, Jr.So the wire could take a couple of days and sometimes it took weeks.
Charles Rose, Jr.Like if, you know, was flagged for something, maybe, maybe the note was not good enough, you know, and Sometimes it's returned and you have to send it back.
Charles Rose, Jr.So sometimes that can happen.
Charles Rose, Jr.Western Union is pretty quick usually, but, but, but then sometimes it could take a couple days or sometimes, you know, and then they have to drive to the place to get it.
Charles Rose, Jr.But then with crypto, they get the money like in less than a minute, which is mind blowing.
Charles Rose, Jr.So I just wanted to kind of like give like a practical example.
Charles Rose, Jr.Travis, I don't mean to interrupt you, but, you know, we're just friends talking, so you can continue, man.
Travis PitchOf course.
Travis PitchSo as far as, like, transactional network, you wanted me to give a breakdown of xrp.
Travis PitchSo the cool thing about xrp, Charles said it is actually pretty much free to transact.
Travis PitchYou can, you can send it for a fraction of the penny anywhere in the world, and like Charles said, it will be in their account ready for them to be able to spend within a minute or two, which is, you know, very, very powerful.
Travis PitchEspecially if you have family in places like Charles said he has family in the Bahamas.
Travis PitchDepending on the area and the corridor of payment where you're sending a wire, things can take weeks, you know, as well as the cost can be hundreds of dollars.
Travis PitchSo imagine you're only sending a couple hundreds of dollars and you have to spend a couple more hundreds of dollars to do that.
Travis PitchThen that's very, very, very inconvenient.
Travis PitchEspecially, you know, when your family really needs the money and they need to get their hands on it at that moment.
Travis PitchYou know, the options just are not that great at this time.
Travis PitchSo there is an inclusivity that is, you know, coming from crypto in the banking world.
Travis PitchAnd that's honestly one of the biggest things that the blockchain is helping address.
Charles Rose, Jr.I love it, man.
Charles Rose, Jr.That, that's so good, man.
Charles Rose, Jr.And so, man, like, like, why crypto, man?
Charles Rose, Jr.Like so many people, they can put their money in real estate, stocks, gold, you know, bonds, you, you name it.
Charles Rose, Jr.There's a list of, of different investment oil.
Charles Rose, Jr.So why, why do you think crypto is one of the best assets that people can invest in right now to build generational wealth?
Travis PitchWell, I mean, so you just have to look at the history of technology and technology investors.
Travis PitchOverall, most people have had skepticism when new technology comes onto the market.
Travis PitchAnd so you can look at the history of the Internet, where companies like Apple, Amazon, Google, these companies, when Internet regulations formed and, you know, it was accepted that this Internet thing, you know, you had Bill Gates going on, you know, mainstream media outlets like Jay Leno and those type of things, and they were Asking him questions.
Travis PitchAnd the audience was just kind of laughing at this guy, you know, and they didn't really understand what was really going on.
Travis PitchAnd so the reason why crypto is because when I got invested into it and my first $2,000 went to $10,000 in three months, you know, that was.
Travis PitchThat was my first time really investing in an asset.
Travis PitchAnd so when that happened, I was like, wow, what is this technology?
Travis PitchYou know, what is actually going on?
Travis PitchAnd so I was able to start researching.
Travis PitchAnd like I said, I had some wealthy investors that I was getting information from, because ultimately there.
Travis PitchThere's something that I have a saying, and it goes like this.
Travis PitchYou know, who are you listening to?
Travis PitchYou know, who are you listening to?
Travis PitchAre you listening to someone that you would ultimately want to trade places with in that thing that you're doing?
Travis PitchSo, you know, at that moment, you know, I definitely had that.
Travis PitchAnd so I was able to get the right information and understand the revolution that's actually happening.
Travis PitchAnd it's not just about, you know, wire transfers or, you know, sending money.
Travis PitchIt's so much bigger.
Travis PitchIt's about data.
Travis PitchAnd the thing is, is that data is our new oil.
Travis PitchIt's a resource.
Travis PitchYou can see if you go on a website and you try to do anything on any Internet, they're asking you for your email, they're asking you for your phone number, they're asking you for all kinds of information about yourself.
Travis PitchAnd that is a powerful resource because, you know, companies are using this to try and track your movements to effectively advertise to you more effectively and, you know, market.
Travis PitchAnd that's ultimately, you know, what everyone is trying to do, is market more effectively, advertise more effectively, because that's how we feed our families.
Charles Rose, Jr.Yeah, that's so true, man.
Charles Rose, Jr.It's so amazing the things you could do with this, you know, with crypto and the technology and wealth building.
Charles Rose, Jr.And so just, you know, put it more in practical terms.
Charles Rose, Jr.How can someone get into crypto and make money with it?
Charles Rose, Jr.And, you know, do feel free to share some of the strategies that.
Charles Rose, Jr.That your company navigate in crypto use to help people build wealth.
Travis PitchYeah, sure.
Travis PitchSo one of the biggest things that I do is I navigate through.
Travis PitchIt's called crypto Twitter.
Travis PitchYou know, Twitter has different sections in it, and, you know, a lot of people call it Fintwit Financial Twitter.
Travis PitchSo I have a habit of surfing the Internet all day long, and I've done that to where I'm able to discern the types of announcements.
Travis PitchBecause the thing is if you wait for a mainstream media outlet to post about financial information, you're going to be too late because the speed of information is how relevant it is.
Travis PitchAnd you know, when a company, a lot of majority of big companies, they make their announcements on Twitter or they make their announcements on LinkedIn, a lot of what I've noticed is, is that the banks and the financial institutions, they will make their announcements on their websites, but a lot of them will make their collaborations and their partnership announcements on LinkedIn.
Travis PitchAnd so when those announcements and those partnerships come out on, you know, LinkedIn or on Twitter, that is, you know, some of the best ways to, to invest in an asset, whether it be a stock or a crypto.
Travis PitchAnd you can get those announcements by following the CEOs, following the executives, following, you know, the actual company page of this, you know, investment that you're potentially looking to invest in.
Travis PitchAnd so when you get those announcements, especially within, within crypto, because it's such a new asset class, it's an emerging asset.
Travis PitchAnd because it's so new, you're seeing world firsts happen where big companies like Microsoft and Apple are making these announcements about crypto companies that they're essentially partnering with.
Travis PitchAnd so when people find out that, you know, you know, we're probably, you.
Travis PitchLet me ask you a question, Charles.
Travis PitchAre you recording this on an Apple device?
Charles Rose, Jr.I sure am, yes.
Travis PitchThat's my point is that, you know, when you see a company like Apple who has market share is, you know, making an announcement about using crypto for, you know, one of the first ways and the first types of, you know, things that they're doing in crypto.
Travis PitchThat is one of the best ways that I make investments off of those, those, those, those announcements, they go kaboom.
Charles Rose, Jr.That's true.
Charles Rose, Jr.Yeah.
Charles Rose, Jr.Yeah.
Charles Rose, Jr.And those companies are, they're in it for making some money.
Charles Rose, Jr.And a lot of times if they're going to make an investment in crypto or what, they have a strong prediction.
Charles Rose, Jr.And as usually, you know, I call it a prediction because, you know, it's not, it's not actual until it happens.
Charles Rose, Jr.Right, but they, but, but they know pretty much what's going to happen next, right?
Charles Rose, Jr.They have, they, I'm sure they spend millions if not billions of dollars on market research, right?
Travis PitchYes, sir.
Charles Rose, Jr.So and so.
Charles Rose, Jr.And that's kind of like correct if I'm wrong.
Charles Rose, Jr.That's kind of what you call smart money, right?
Charles Rose, Jr.When, when you have smart money terminology follow the smart money.
Charles Rose, Jr.Is that, is that, is that what you're doing?
Charles Rose, Jr.You fall into smart money.
Travis PitchThat's exactly correct.
Travis PitchIt is important to follow things that are, you know, that the companies have enough influence to make these things sustainable.
Travis PitchAnd so one of the ways that I do that as well is I follow the laws that are being formed because we don't really have a comprehensive framework in America yet.
Travis PitchBut there are all kind of bills that are being put before the House and being put before the Senate where they're introducing crypto technology.
Travis PitchAnd, you know, a lot of times, if you dig deep enough, you can find a company that's tied to these things in some way, shape or form.
Travis PitchAnd so that is another way that you can ensure, you know, following the smart money.
Travis PitchYou know, what are the banks doing?
Travis PitchYou know, bank of America has, you know, over 100 patents in blockchain.
Charles Rose, Jr.And, you know, banks are even adapting to crypto and even settling transactions on the blockchain.
Charles Rose, Jr.Right.
Charles Rose, Jr.Like I've heard, Visa has been doing it too.
Charles Rose, Jr.And this is a.
Charles Rose, Jr.This is amazing, man.
Charles Rose, Jr.Oh, my gosh.
Charles Rose, Jr.We have so much to unpack about on crypto.
Charles Rose, Jr.I know we can't get it all done soon, but we gotta talk about one of the pressing issues right now.
Charles Rose, Jr.No, I wouldn't even say issues.
Charles Rose, Jr.I would just.
Charles Rose, Jr.I would say this is, you know, what's happening right now, right.
Charles Rose, Jr.It could be an opportunity, huge opportunity.
Charles Rose, Jr.We have President Donald Trump, who is declaring himself as a crypto president, that we have never seen this in history before any president.
Charles Rose, Jr.And then we, we have his, his.
Charles Rose, Jr.His vice president elect is into.
Charles Rose, Jr.Is.
Charles Rose, Jr.Is invest in CR crypto.
Charles Rose, Jr.And if you look at all of the, you know, the members of his cabinet, who he's.
Charles Rose, Jr.Who he's nominating right now and appointing, it seems like almost all of them are pro crypto.
Charles Rose, Jr.So what, what's going on there and where's the opportunity there, man?
Travis PitchSo his.
Travis PitchIn.
Travis PitchIn relation to his cabinet, he recently elected, you know, a pro.
Travis PitchHe released.
Travis PitchHe recently announced his pick for the chair of the sec.
Travis PitchYou know, Gary Gensler, the current chair, announced that he will be resigning when Trump is inaugurated.
Travis PitchAnd so Donald Trump's new pick for the SEC chair, he actually is on the board of a company called Securitize.
Travis PitchAnd so we mentioned xrp.
Travis PitchSo Ripple is an investor in this company called Securitize.
Travis PitchSo that is, I would say, a tremendous, tremendous opportunity where you have a presidential pick for the SEC chair, which is, you know, the most powerful position in the SEC is on the board of a crypto company.
Charles Rose, Jr.Wow.
Charles Rose, Jr.My goodness.
Charles Rose, Jr.Is it.
Charles Rose, Jr.But real quick, is it any.
Charles Rose, Jr.Is it.
Charles Rose, Jr.Is there still time to invest in xrp?
Charles Rose, Jr.Is it too late?
Travis PitchOh, man.
Travis PitchI mean this thing is we're just getting started.
Travis PitchYou know, you talk about, you know, people that may not know what's going on with crypto.
Travis PitchYou know, the thing is, is that yes, most people know about Bitcoin, most people probably know about Ethereum, and after that it pretty much, I mean most, that's just because of the sheer amount of press that it's gotten.
Travis PitchThey don't know what it actually is functioning for and what it actually is going to be used for.
Travis PitchMost people in crypto, they a lot of like the crypto, they call them OGs in the crypto world, they're against, they call it centralized cryptos like xrp.
Travis PitchAnd so there is a deep hatred in the crypto world of people, majority of people that really understand crypto because they think that, you know, crypto is going to be anonymous.
Travis PitchThey want crypto to be anonymous.
Travis PitchBut the thing is, is that, you know, our government will never allow that to happen.
Travis PitchAnonymous transactions, they wouldn't get their cut.
Travis PitchAnd that's just the bottom line, man.
Charles Rose, Jr.But there's still opportunity.
Charles Rose, Jr.You're thinking even though, you know, it's a more centralized crypto, it could still be more opportunity?
Travis PitchOh, definitely, without a doubt.
Travis PitchYou know, like I said, there's still not a comprehensive regulatory framework in America, but as you mentioned with Trump and his pro crypto cabinet, that is changing very, very fast.
Travis PitchAnd there actually is a regulatory framework in the European Union called the mica, the markets in crypto assets.
Travis PitchAnd so it is a complete comprehensive regulatory framework where they have a, you know, exact law set out and laid out for crypto as far as like anti money laundering and know your customer laws.
Travis PitchAnd that's, you know, one of the biggest things is, you know, making sure that when we're doing these transactions across borders, it does, it does help with, you know, those regulatory issues that could arise from that.
Travis PitchBut as far as, like you said, the opportunity, America is the biggest, you know, market maker in the world.
Travis PitchYou know, we're still the reserve currency.
Travis PitchThey, the rest of the world depends on our debt.
Travis PitchAnd so that being said, you know, once America does make a regulatory framework that is comprehensive and you know, we can.
Travis PitchOne of the things that Donald Trump's pick for SEC chair, he's previously, what's the word I'm looking for?
Travis PitchHe's criticized Gary Gensler's regulation by enforcement of the crypto world.
Travis PitchAnd the reason is because these companies, they don't have a blueprint that they can follow.
Travis PitchSo they'll, they'll make a business and they will ask the sec, you know, what do I do?
Travis PitchHow do I follow the law?
Travis PitchAnd they'll come in, they'll meet with them, and they'll tell them, you know, what they should do.
Travis PitchAnd then years down the line, after following what they were told to do, they're getting, they're getting sued by sec.
Travis PitchAnd so it's been a very, very weird thing that's been going on, but, you know, that is moving to the wayside with Donald Trump coming into office and establishing a pro crypto cabinet as, as you said.
Travis PitchSo once this, you know, laws goes into effect is really going to be where you see the Fortune 500 companies and the banking industry and the institutional traders start to enact using blockchain technology.
Travis PitchAnd because they haven't, you know, had this regulatory framework where they can follow the law and do these things safely, their risk management department simply won't allow them to use this technology yet.
Travis PitchSo this is actually one of the first times where retail investors like you and I can actually beat the banks in to a technology.
Travis PitchAnd so very, very exciting because, you know, the trillions and quadrillions of dollars that are being transferred by these mega, you know, Fortune 500 companies and banks, you know, it's just not happening yet.
Travis PitchSo once that does happen, there's going to be, you know, the asset class is going to transform as far as a value market cap standpoint.
Travis PitchSo there's still tremendous opportunity.
Charles Rose, Jr.That is, that's amazing.
Charles Rose, Jr.I'm, I'm super excited to see everything that's coming in the crypto space.
Charles Rose, Jr.You know, I'm a crypto investor as well too.
Charles Rose, Jr.And you know, crypto is currently number two in my investment portfolio.
Charles Rose, Jr.So real estate is still number one.
Charles Rose, Jr.But I, but who knows, you know, you know, with all the gains in this bull run, you know, you know, my, my crypto might outperform my real estate will.
Charles Rose, Jr.It will, it will outperform.
Charles Rose, Jr.I'm sure of that.
Charles Rose, Jr.But.
Charles Rose, Jr.But yeah, man, so there's so many things we can talk about, man, and I, and we are run out of time.
Charles Rose, Jr.But, you know, I know that getting started is one of the most important things no matter what you do in life.
Charles Rose, Jr.And as you were talking, I remember this.
Charles Rose, Jr.I remember the story of when I first heard about Bitcoin, and it was back in 2015, I heard about it from a coworker.
Charles Rose, Jr.I was like, this guy's crazy.
Charles Rose, Jr.You know, this is a coworker.
Charles Rose, Jr.He's a sharp guy.
Charles Rose, Jr.You know, he talks about, you know, the Fibonacci sequence and all kind of different things, you know, search up.
Charles Rose, Jr.We don't have time to talk about that.
Charles Rose, Jr.If you're listening, he was talking about, you know, this crypto, you know, I should get into.
Charles Rose, Jr.I was like, you got to be crazy.
Charles Rose, Jr.Like, why would I need digital money?
Charles Rose, Jr.I already have, you know, I have USD, I've got some stocks, I got a bank account that's digital enough.
Charles Rose, Jr.I was like, it don't make any sense.
Charles Rose, Jr.I completely squashed it.
Charles Rose, Jr.This was back in, in 2000.
Charles Rose, Jr.This was in June of 2015.
Charles Rose, Jr.Right.
Charles Rose, Jr.And so, you know, you can do some research and see what the price of bitcoin was.
Charles Rose, Jr.It was less than 200 bucks.
Charles Rose, Jr.I can't remember exactly what it was.
Charles Rose, Jr.Right.
Charles Rose, Jr.But it was, you know, it's volatile.
Charles Rose, Jr.It goes up and down.
Charles Rose, Jr.So I had an opportunity to get in right there when he told me about it.
Charles Rose, Jr.And you know, of course there's a lot of things that happen in crypto and in my mind and I, I was like, well, see, that's why I don't and get into this, you know, I mean, when you see all that, all the different, you know, the clean out, I would say, you know, to get it to where it needs to be right now.
Charles Rose, Jr.Just like, you know, regular fiat, just like money, there's, there's a lot of corruption with, with regular or traditional fiat as well.
Charles Rose, Jr.But anyway, long story short, I, sometimes I beat myself up thinking, wow, I should have got in in 2015.
Charles Rose, Jr.But then I realized that, you know, I can't change the past, I only can change now and the future.
Travis PitchRight.
Charles Rose, Jr.It's just like the saying, the best time to plant a tree is 20 years ago.
Charles Rose, Jr.The next best time is today.
Charles Rose, Jr.So for those who's listening right now and they, and they're thinking about getting into crypto, what, what are some quick practical steps on how they can, can get started today?
Travis PitchWell, I mean, just like, you know, you go to college to get a four year degree for whatever field that you're looking to get into.
Travis PitchThe most important thing is education.
Travis PitchSo, you know, I would encourage you to follow our navigating Crypto Instagram.
Travis PitchWe give out a lot of valuable information as far as, you know, the laws that are forming and the companies that are making partnerships, you know, as they're happening.
Travis PitchWe have a history of, you know, calling out these companies, forming partnerships the day of.
Travis PitchAnd like I said before, the speed of Information is very, very relevant.
Travis PitchAnd we give out a lot of free information on our Instagram.
Travis PitchSo that would be number one, I would say.
Travis PitchBut, you know, doing your research is very, very important.
Travis PitchYou know, I would say get on Twitter, get on Twitter and start, you know, typing in cryptocurrency, start typing in blockchain technology and, you know, follow the rabbit hole and see where it takes you because, you know, type in Microsoft crypto or type in Apple crypto, type in, you know, Google crypto, type in bank of America crypto, and, you know, really start to understand, you know, what is actually happening.
Travis PitchThere's over the countries that make up 90, 98% of the world's GDP have actually started in some way researching, developing, or have actually implemented, well, researching, developing, testing, or have actually implemented central bank digital currencies.
Travis PitchSo that's 98% of the world's GDP.
Travis PitchThe most influential countries in the world are actually transitioning to digital currencies right now as we speak.
Travis PitchSo I would start researching that and trying to figure out what are the, you know, what are the companies that are going to be the ones that are building this framework.
Travis PitchAnd there's, there's pilots, there's sandboxes.
Travis PitchThe, the banks are testing this stuff out.
Travis PitchAnd it's important to start really understanding, like, what are the banks doing, you know, what are the stock markets doing?
Travis PitchThe NASDAQ is deep in blockchain.
Travis PitchThe stock market is deep in blockchain.
Travis PitchThe clearinghouses that are, you know, selling your, you know, as someone sells and buys a stock, you know, Swift money transfer services, you know, they are transferring a quadrillion dollars a year.
Travis PitchYou know, the, the Depository Trust and Clearing Corporation, which are the people that facilitate, you know, ownership of stocks as they're bought and sold, you know, and transferred to people's, you know, brokerage accounts.
Travis PitchThey settled over $2,000,000,000 in stock sales, and they're deep in crypto in a thing called Project Ion.
Travis PitchAnd so, you know, these are the things that you want to be looking into what are like, like Charles said, follow the smart money.
Travis PitchYou know, we have to follow the things that are sustainable.
Travis PitchAnd, you know, those are the things where they have enough power, they have enough influence where you can invest in something that you can actually think it's going to be here in the future.
Travis PitchAnd that's what most people's problem is with crypto is that they just kind of think it's not going to be a thing anymore.
Travis PitchAnd, you know, if it is going to be A thing, you know, how do I know?
Travis PitchAnd so that is a lot of the things that people worry about with investing in crypto and making sure that their money is safe.
Travis PitchAnd it can be a toss up at times, but, you know, like I said, following our Instagram page, navigating crypto, you can.
Travis PitchYou can stay up to date with the information.
Charles Rose, Jr.Absolutely.
Charles Rose, Jr.I love that, man.
Charles Rose, Jr.That's.
Charles Rose, Jr.That's awesome, man.
Charles Rose, Jr.I love.
Charles Rose, Jr.You know, I'm a firm believer.
Charles Rose, Jr.You and I are connected, man.
Charles Rose, Jr.I'm firm believer.
Charles Rose, Jr.Education is number one.
Charles Rose, Jr.I always tell people to.
Charles Rose, Jr.To get good at anything.
Charles Rose, Jr.You know, three things.
Charles Rose, Jr.Number one, get educated.
Charles Rose, Jr.Number two, get around the right people.
Charles Rose, Jr.And number three, get a coach or mentor.
Charles Rose, Jr.Travis, you guys are amazing, and I know you all can help with all three of those things, so I highly encourage you to follow.
Charles Rose, Jr.Travis and his team, as he mentioned, is navigating crypto.
Charles Rose, Jr.You can find them on Instagram and any other platforms as well.
Travis PitchYeah, well, my personal Facebook page, I give out a lot of information.
Travis PitchT, R, A, V, I, S, P, I, C, H.
Travis PitchDefinitely shoot me a friend request or a follow on there.
Travis PitchAnd yeah, that's pretty much it, really.
Travis PitchI do weekly zoom calls.
Travis PitchYou know, we'll make those announcements on the navigating Crypto page, and we give out a lot of free information on those calls as well.
Charles Rose, Jr.That is awesome.
Charles Rose, Jr.And, man, it's great to have you on the show.
Charles Rose, Jr.We'll probably have to bring you back some more when things start to get even crazier in the crypto market.
Charles Rose, Jr.And.
Charles Rose, Jr.And so, Travis, it's always a blessing to talk to you, brother.
Charles Rose, Jr.So thank you so much for being on the show, man.
Travis PitchI just want to give it back to you, Charles.
Travis PitchLike I said, it was great to meet you in Texas, and I really appreciate our connection that we made.
Travis PitchYou know, talking about the things that we talked about and, you know, also talking about God as well.
Charles Rose, Jr.That was the most important thing that stood out.
Travis PitchYeah, exactly.
Travis PitchSo, you know, thank you again for having me on, and I look forward to coming back if you'll have me.
Charles Rose, Jr.All right, man.
Charles Rose, Jr.Well, you have a great day.
Travis PitchAll right, you too, sir.