David Torrence: Why Is Bitcoin So Trendy? // CryptoCurrency Explained (Bitcoin, ETH, Blockchain)

SPEAKER_01 0:03

This is the Beyond the Story Podcast, a show that goes way beyond the story. What's happening, party people? Welcome back to the show. Welcome to the show. Maybe it's your first time, maybe it's your third time, maybe it's your hundredth time. Either way, I'm really glad that you're here. My guest this week is David Torrance. I met David actually out fishing with a few buddies a few weeks back, and he had told me in casual conversation that I started investing a little bit here and there, and then quickly realized how to do it full time. We started the conversation about cryptocurrency that seems to be so relevant and how he actually became a full-time investor. And as we continued this conversation, I thought, you know what? I want to sit down and have a conversation with you. I want to better understand what you do because I want to understand this world, where we're going with this cryptocurrency, how the average person can start investing and create an investment plan for themselves, but could potentially do it full time too. So, friends, please help me welcome to the show. David Torrance, what's up, dude? AKA King David. How are you doing, man? Pleasure to be on. Good man. That's it. That's a very powerful nickname there, King David.

SPEAKER_00 1:22

It is a powerful nickname. I mean, David, what King David, uh, the King of Israel. I'm also named after my father. So, you know, probably Prince David would probably be more suitable, but you know, my ego lets me go with the king instead of the prince.

SPEAKER_01 1:34

I love it. I love it. So you and I met out fishing a couple weeks back with our good friend Ian Welsh, the motivational egg.

SPEAKER_00 1:41

Casually.

SPEAKER_01 1:42

Yeah. That was a good time, actually. That was a really good time. That was a great time. There are, there are, there are worse ways to spend a Sunday morning than out to sea. We didn't catch, we didn't catch many except like a hundred of those tiny little fish that we couldn't even keep. I did. I had beginners luck though. I had I caught at least three or four. This is true. This is true. And we didn't get rained on, so it was a good time. It was a good time. So out there, we were talking about what you do. We were actually talking about cryptocurrency. We were talking about investing in in general. And you casually had said, you know, I started to do this and then I did this, and then it enabled me to start doing you know, investing full time as a job and as a career. That immediately piqued my interest. And I said, we got to sit down. I'd love to have you on the show and talk about number one, your story. Number two, what's going on with this whole crypto world? And number three, how does how does the average Joe or Jane get in the mix with investing and starting to do it? Why it's important? So let's just back up. So what were you doing previously when you got out of high school? What did you set out to do with your life?

SPEAKER_00 2:41

I wanted to be a physical therapist. So I went to school for physical therapy. I attended the University of Central Florida and I got my bachelor's in kinesiology, worked in physical therapy for three years. After that, I transitioned to a new career, which led me back here to South Florida, which I'm from originally. And then I became the strength and conditioning director for a private Krishna institute. And I was there for the last three years. But while I was after graduating from UCF, I've always been investing. But it's always been just small, right? You know, older people telling you, hey, you should invest. And me just trying to be a student and listen. I did it. And I always had little shares and things, and I always knew about investing. But I really went heavy the last, I would say, last two years, two, three years, until trying to become a master of investing. That's kind of where I found my place myself right now. That's led me to be right, like you said, a full-time investor, philanthropist, and author. Um, so that's kind of a quick tip on where I where I was before, kind of how I got here.

SPEAKER_01 3:41

Sure. So let's talk a little bit about the philanthropist part. How does how is that worked into your your investing career and what you're doing?

SPEAKER_00 3:47

Is it that you're yeah, so I have a nonprofit called KP CareS. My nonprofit originally started off with just it was a book, it was me trying to get back to the middle school I went to as a kid, um, which is in the low income area, it's a Title I school. And then three years ago, um I set out to just have a book bag giveaway, not giveaway, book bags and school supply giveaway, yeah, essentially for all the incoming sixth and seventh graders um that attended that school. And I did that for the last three years. But then I was like, I want to do more, right? I'm an investor, I'm looking at what my community looks like in terms of their exposure to the market, um their knowledge of the market, and I said, well, there's obviously a wealth gap, right? And this pandemic exposed it even more. The wealth, the rich got richer, right, and the poor got poorer. So clearly the wealth gap got bigger in the midst of this pandemic. So my thought process was how can I bridge that gap? Right. And it's easier to build up children than to to build broken mints. That's a quote Frederick Douglass. And I thought, well, I need to do something to bridge the gap, but get to the youth. So I came up with a stock market activity book that is um a very entry-level to understanding the market from a child's perspective. Um, so as young as elementary, um, children can get access to this book and start getting exposed to the illustrations of the market, not even understanding or comprehending, right? Images are very important as a kid. So just exposing them to different things that has to do with the stock market, hopefully over time will compound. And now we have a generation of kids who are aware of the market, what it can do, and maybe they can find their way into it at a younger age so that we can bridge the wealth gap over the course of time. Um, so that's the philanthropist aspect, and also I'm working now with nonprofits and starting youth investment programs. So that's on the horizon. So that's the philanthropist side.

SPEAKER_01 5:36

Love it. So you found a way to be able to get what you're passionate about and then then what you're passionate about with business and and and bridge a gap between the two.

SPEAKER_00 5:45

Yeah, exactly, which is really hard to do. That was been my hardest part because prior to me working my way into the investing aspect, my whole life was centered around sports, sports medicine, and things of that sort. Because my goal was as a kid, like most kids, to go to the NBA, be like Kobe Bryant, play basketball, so forth and so on. And I always had to find a way to monetize my passion. And I found a way to do that because even though I didn't go to the NBA, right? I've worked with NBA players in my past career, being a strength and conditioning coach and working in physical therapy. But now I had to find a way in this new era of David to bridge that gap, right? Passion and what I want to do. And I've seamlessly done it, you know, um, by God, by the grace of God. So I'm just I'm really appreciative. And I'm trying to take advantage of it. I'm very young, I have the time, so I seen a reason to do it, and there's a need. The most important businesses in the world give a solution to a problem. And there's obviously a problem with the wealth gap. So the fact that there's a problem, there's demand, all I have to do is supply it. And right, we we come to a solution, we and we create a market for myself, for the nonprofit, so forth and so on.

SPEAKER_01 6:51

Love it. So, yeah, there's definitely a huge need there, especially with just even not even underserved areas and communities, but just the youth in general of being able to have people. Correct. A general understanding of why investing is important. So, how how did you start doing uh this whole investment thing full time?

SPEAKER_00 7:15

Capital. I had to for for years while I was working my job, um, I lived on the I did the 60-40 world. I saved 60% of my salary and I lived off 40. So you do that for three years, you got a pretty good cushion to work with. And then I just continued to educate myself and I realized, and this goes into what you're just saying about the average person being an investor, inflation is the silent killer. When I say inflation, what I'm speaking about is the cost of goods and services, housing, and things like that goes up every year. So let's think about it. I make a $40,000 salary. But houses every year go up, gas go up, cost of milk and eggs go up, daycare, right, car insurance. That $40,000 does not buy you the same thing it does this year that it will five, 10 years from now. So the question becomes if I'm capped by 24 hours in a day, right, and I can't work 24-7, there is something that can work 24-7, that's my money. So if you think about it, saving is important, but saving over a long-term time frame isn't actually sustainable for growth. It's sustainable to maybe try to maintain, but inflation will actually cut that money in half, right? Because the money that $50,000 10 years ago is not $50,000 now. I can't buy you the same thing. So investing, that's why investing is so important. And that's how I got started realized that while I had this lunch sum of money in my savings, I was like, well, I gotta build on it. Each of my dollars is an employee for me. I had to think of it like that. Once I came to that realization that each of my dollars around play, I'm like, well, you motherfuckers need to get to work, excuse my language, right? So, and that's what I did. And then from there it was just an educational aspect of understanding how to invest. And I got it broken down to me by my cousin, who's also my mentor, that when you invest, you invest how you consume. Well, what am I talking about? Well, I have an Apple phone, I have an Apple Watch, I have two Apple laptops, right? And I you look at Apple, it's been around for a really long time. I'm sure you have an iPhone, so you know somebody who has an iPhone. Well, the question becomes why don't I invest in Apple simply? It's a company that's been around for a long time. It keeps coming out with new products, it keeps coming out with new services. Well, that sounds like a great company to me. I can I spend my money there. Well, also, I spend money on Amazon. I need food, finding clothes, right? I can do all through Amazon. Why don't I invest in Amazon? I use Microsoft Word and Excel. I watch Netflix all day, right? As a kid, why am I not investing in the companies in which I'm giving my money to? So investing can be very simple. And when people ask me, how do I get started? I said, think about what you consume. Sure. And if you think about what you consume, like, wow, I invest in some of the most profitable companies in the world: Starbucks, McDonald's, Nike, Home Depot, Lowe's, Target, Apple, Microsoft, Amazon, Tesla. Right? These are very simple companies. And at this point, all you have to do is now try to buy a $100,000 house for $50,000, which basically means wait for it to go up, down. Everyone wants to buy when everything's going up. Oh, Doji coin jumped 100%, let me get in.

SPEAKER_01 10:12

I don't understand why why why people are so amped at buying at the height of the market. It's got to be FOMO. Yeah. It's like I'll pay another $50,000 over ask asking price just to get in the game, not to realize that everything's cyclable. I saw a post on Facebook yesterday that asked about, hey, does everybody remember 2008? And I didn't necessarily agree with that because banks were given loans back then. If you could spell your name, you were getting a loan.

SPEAKER_00 10:38

Yeah, mortgage-backed loans. Yeah, that's that's what caused the crisis. That's what caused the hit.

SPEAKER_01 10:41

Exactly. And I don't think that's gonna happen again. However, the real estate market does cycle every 10 to 15 years, and there will be a leveling out. Now, more popular places to live right now, Miami. We're not gonna see as much adjustment on there, but it's still not going to be at the height of the market right now where nobody wants to sell anything, inventory's in the toilet. So it'll be interesting to see how that that ends up panning out. I had a conversation with somebody yesterday, called me about wanting to start a podcast investment guy, and I said, So what do you think about this whole crypto thing? And he said, I just think that it's it's it's it's time is limited, especially with all of the different countries threatening specific different things as far as far as deregulating it. And well, you can't deregulate it because it's already, and that when the new Fed coin eventually comes out, all the other additional cryptocurrencies are gonna go away. That got me thinking in a different direction here. What do you think is going on with this whole cryptocurrency world?

SPEAKER_00 11:36

Yeah, so let's go into that. So the thing with cryptocurrency that people love, and we hear this word is it's decentralized, right? That's a big word for it, can't be influenced by the government. But if you really think about it, is it really decentralized? Because I've seen Elon Musk put out some tweets, say some things like SNL, and all of a sudden crypto's impacted significantly. So when we talk about decentralization, yeah, it can't be directly impacted by the government, but it can be influenced. Sure. If that makes sense. So I think that's something to keep in mind. Second thing is the crypto market actually has gone through a significant correction. I think Bitcoin's at a high of 62,000, now it's at what 34? Yeah. Ethereum ran up um to about 4,000 because NFTs has rant down to about 26, 25. The hardest thing with crypto is to find out what's really real. Because the thing is, like I told you, each of these cryptos has to solve a problem for them to be sustainable. Well, what problem do what problem does doe coin solve? What problem does Bitcoin solve? And that's as as us the investor, that's something we have to think about. So for example, in in the olden days, during bartering and early times of investing, right, gold was a hedge against inflation. Right? Now we have the new digital gold, which is crypto, which is Bitcoin. Bitcoin has often coined as the new digital gold. Well, the reason that is is because the price, the value of the dollar has gone down year after year because we keep printing money, especially as of recent, right? How much money has been pumped into the market or to the ecosystem and the world because of all these stimulus checks? So the value of the dollar goes down, right? So the question becomes well, if I'm a business or if I'm a person of high net work, how do I have my money not get hit with inflation? Well, you hedge inflation right with gold, but there's something better than gold now, Bitcoin, right? So Bitcoin solves that problem, right? When we talk about Ethereum, what pretty what problem does Ethereum call? Well, smart contracts, which goes down the rabbit hole of NFTs, right? Non-fungible tokens and things of that sort. That solves a problem, smart contracts. Now, those are the two ones that I am invested in, and I tell people to put their money because they actually solve a problem. Not only that, they've been around long enough to build a thesis on. I don't, you should not invest in something you can't build a thesis on. When you're investing on speculation and sentiment, you're those quick gains, but wealth is built in the long term. So, yeah, I can get 100% on Doji coin, but if I don't sell it and realize those gains and then it drops and it drops 110%, what's the point? Right? So the question becomes where can we put our money long term to build wealth? And that's why I talk about building the wealth gap and not just getting rich off investing. I mean, you're trying to get rich off investing FOMO is what drives you. You're trying to get wealthy off investing, patience is what drives you, understanding is what drives you, education because the numbers don't lie. The numbers don't lie. So, you know, that's that's my sentiment on the crypto crypto market. I think people we need to be more educated and think of them as what's gonna solve a problem. Let me put my money there long term and let let it do its work. Sure. Simple to put, to keep it simple for the average investor, that's all you really need to do. I can get more into the details of it, but it's really that simple. You can find out what solves a problem, right? Buy low, sell high. Pretty simple.

SPEAKER_01 14:58

Yeah, I gotta t I somebody tipped me off three years ago when it was at 5,000. I should probably grab I should probably bat grab some Bitcoin. And my gut didn't go, you know what, let's do this and see. I didn't, but you know, it's that whole shoulda, coulda, woulda. Now we're at what 35, 34, 35,000 people, there's still conversations happening of Bitcoin having a potential to go to 100,000. Is that realistic, you think?

SPEAKER_00 15:24

Well, I think having doesn't happen for another three years is realistic. It's realistic for two reasons. Number one, institutional money is behind it. For prior to the last two years, there's been no institutional money really into Bitcoin, which is why we've had a crazy run-up since last March. Excuse me. So the fact that we have institutional money, we're not saying institutional money, I mean Goldman Sachs, like these big banks, BlackRock, we have these big banks that are not holding Bitcoin, right? We have companies such as Square, PayPal, Tesla that are actually holding Bitcoin on their balance sheets, right? Because they want to hedge inflation, right? Think about it. If I have, if I'm a bit from Tesla and I have $100,000, in six months, that $100,000 is gonna be $100,000. But guess what? If I have $100,000 in Bitcoin, six months, that can look a lot different.

SPEAKER_01 16:10

Sure.

SPEAKER_00 16:11

What does that do? That gives you more buying power. That allows you to increase your research and development, to increase your inventory, right? To produce more cars, to do more marketing, to build more services. So from a business standpoint, that is gonna be a huge thing because companies are gonna be looking to Bitcoin as a hedge for inflation, the dollar, so forth and so on. So that the number of businesses using it, right? And also we have institutional money behind it. I think it's possible for Bitcoin to go to 75, not 100. But 100 within the next two years is definitely more realistic. So Bitcoin and your and the other, you said there was only two coins. Ethereum. The Ethereum are the two that I am because I can build the thesis around it because of how long they've been around, and there's also infrastructure around them. Like when I say infrastructure, like I said, there are banks that are not holding Bitcoin. That was not a thing. Banks were scared as hell of Bitcoin before, right? Right? And also we have something called NFTs that are non-fungible tokens.

SPEAKER_01 17:09

My boy Gary V just killed the game in two weeks.

SPEAKER_00 17:12

It was, you know, 25 million in two weeks. I mean genius. He said, I'm gonna show people how to use NFTs the right way. I was like, oh, this man's a genius. 100%. Beautiful. And guess what?

SPEAKER_01 17:26

By the time it was all done, it was brilliant. I mean, he went out and locked his team in a house for a week, and everybody started doodling. And next thing you know, we he's got a project that he's been that he teased for a month and it drops. And yeah, it's absolutely brilliant. I'm not shocked. It was number one, well deserved for the work that he puts out to the world, but also, yeah, I mean, it's just the world we're living in here, and it's about being at the present moment, being ahead of the curve.

SPEAKER_00 17:50

Well, I want you to think about is what happens when NFTs works itself into other sectors of the world, such as music. It's already worked his way into sports, right? You got these college players that are now going to the NBA, they're putting out NFTs. For example, Jalen Suggs hit the game winner for UConn, put out an NFT, right? In addition to that, you receive those game-winning shoes. Right? What and guess what? He gets royalties on every time that's sold.

unknown 18:13

Right.

SPEAKER_00 18:14

That's huge. Think about if Drake puts out one song that's an NFT. You know how much that's gonna sell for? And only you get to keep that song. My boy's gonna be huge.

SPEAKER_01 18:23

My my boy paints exotic cars, Porsches, Lambos, all kinds of Rich B. Caliente. He's he's an unbelievable, unbelievable artist. Just did an NFT on a Porsche 9-11 with Rick Ross. They did a whole event around it and a whole nine. And uh you probably know Rich. He's in he's in uh he's he runs in the in the Ian Wells circles, but an absolutely brilliant artist. And uh yeah, I it was I thought here we are, and we've got art, art meets music, boom, NFT.

SPEAKER_00 18:54

So it's gonna be interesting. Yeah, and that's built on the theme, right? You can build a thesis around that, right? If NFTs continue to, that's gonna help the appreciation of Ethereum, right? And also just the supply and demand appreciation as well. You can build a thesis around that. When I say thesis, I mean a game plan on what it is now and where it can go X amount of years from now. You can't I can't think of that with DojiCoin. I don't know what problem it solves other than Elon Musk really liking. Well, it started out of a it just started out of a tweet or an answer to a question.

SPEAKER_01 19:24

So it was it was it was it was established on on hearsay. Correct. I mean, literally here from one person's name, but that's the world that we're living in right now. I also think you know Musk also said Tesla's now accepting Bitcoin. I think that allowed them to say, well, we've now got Bitcoin on our books, we're not doing it anymore, or at least right now. And he was concerned about the fossil fuels that were involved in the internet.

SPEAKER_00 19:48

Yeah, clean energy. Well, now I'm gonna tell you right that that I think that was a very strategic play by Elon because I think Elon wants to be the pioneer for everything EV and clean energy. Because guess what he does? Now he he makes these Bitcoin miner companies such as Riot Blockchain and Marathon Digital Holdings, um, which are two companies I'm heavily invested in. He allows them to now work with Tesla so Tesla can supply what? The electric, the EV, right? The clean energy. Because Tesla is not just a car company, right? There's they have solar panels for houses. They're they're they're they're they're multifaceted. So guess what? Now he allows his business to grow just by pulling out a tweet and causing a disruption. Disruption is very powerful for innovation and also for collaboration. And Elon has mastered that. Just hopes he doesn't get in trouble with the SEC again. But that's what he's great at, and I think that was a strategic play, and that's gonna help because all it did was honestly creating a buying opportunity for people like myself. Because Bitcoin dropped, Tesla dropped. Guess what? Those Bitcoin mining companies stopped. All they did was create a buying opportunity because these companies aren't going anywhere. And when we talk about second layer solutions, which is now I'm getting to my my nerdy bag about crypto. When we talk about second layer solutions, when I say that, I mean what happens once all Bitcoin is is is out, all the halving is out and all the coins are out. What happens then? Okay, so all of that.

SPEAKER_01 21:12

Right. And I and I and I totally agree with that. So let's back up for someone going, wait a co I can barely pronounce Bitcoin. What do you mean fossil fuels? What do you mean mining bitcoins? I gotta say, when I first learned about that too, I was I was thinking fossil fuels resources is is a bitcoin actually an actual item or an actual something to be created of. So let's let's help our listeners better understand how these bitcoins are.

SPEAKER_00 21:36

Yeah, it's a commodity.

SPEAKER_01 21:37

Okay, yes.

SPEAKER_00 21:37

So Bitcoin is essentially a commodity. When I say commodity, I mean like the dollar is a commodity. Um wheat, water is now a commodity. That's something to talk about as well from an investing standpoint. If you think about it, there's a market now for water that says a lot about where we are. But Bitcoin is a commodity. Like I said, Bitcoin, you can think of it as a digital gold. And the way mining works for Bitcoin is there's these algorithms that process. Transactions and bills on top of blockchain. And when these things are built on top of blockchain, you are rewarded with Bitcoin. And so what does is this, these really fancy machines, these miners by Bitmark, they have these Bitcoin mining miners that companies such as Riot Blockchain, Marathon Digital Holdings purchase, right, in bulk, and they have to have a certain cooling because it runs a lot of electricity, a lot of heat, so forth and so on. And these companies basically have these machines running these complex algorithms to solve blockchain and build on top of it, and they're rewarded with Bitcoin. Now, what happens is every X amount of years Bitcoin goes through a have halving where it's basically cut. So it cuts the supply. Right. And remember, if there's high demand, low supply, the price usually goes what? Which essentially makes sense. And which makes it great against the dollar because guess what? The dollar we just keep printing it. Because the dollar's not backed by gold anymore. Right. So you can just keep printing dollars. And well, guess what? You have high supply and low demand, the price goes down. And if you have high supply and high demand, price still goes down or trade sideways. So that's what we're talking about in terms of what Bitcoin is and what it does in comparison to the dollar, how it works in terms of the mining, right? Is simply these companies having these machines that run complex algorithms that build on top of blockchain, and you get rewarded with Bitcoin. And like I said, Bitcoin is a commodity. So it's something to work long term.

SPEAKER_01 23:26

In order for those machines to work, yes.

SPEAKER_00 23:29

So they run, they run off, they they as of right now, they have been running off of old school fossil fuels. But also we know that trying to get rid of a lot of the carbon in the air has been a big initiative for Joe Biden's infrastructure plan and what Elon's trying to do as well, decarbonize just for global warming purposes, right? So pushing away from fossil fuels has been a big thing for Tesla, and basically Elon Musk has called it out. So now what miners are trying to do is they're trying to now figure out a way to now mine clean more clean. Yeah, I was gonna say that'll be next. Yeah, they're trying to mine clean. That's a and guess what? Who are we gonna go to to do the clean mining? What company has the best infrastructure already to do that? Yeah, right. So you can build a thesis around that.

SPEAKER_01 24:09

Sure. Oh, you most definitely can't. Yeah, yeah, I was just about to say the same exact thing. Talk about a thesis around something.

SPEAKER_00 24:15

Yeah, exactly. And you can look to the numbers and you can just simply do the numbers, right? Think about Bitcoin mining company, how many miners they have, how much Bitcoin do they they make, right? It becomes a very easy way to build a thesis. And when we're talking about an average investor, unfortunately, this is the level of thinking you have to do. Because when we're talking about investing, we're not talking about investing dollars, we're talking about our hard-earned money. We're talking about money for our children, right? And we can segue into that because one thing that I see that is people invest for themselves short term, but they're not investing for their children long term. For example, I often ask my father, would you bought an Apple stock when it was $25 a share when I started high school? Because you know how much $10,000 at that time would have been four years when I graduated or when I graduated college? You're talking about almost half a million, a million dollars just to buy and hold and never have to look at it again. Right? From compound interest, right? Reinvest in dividends and just holding stock. Right. So one thing I often tell people is if you're not gonna invest for yourself, invest for your children. Sure. Give them what you didn't have. Because guess what? You can get at a low cost now, you can buy literally five shares a month. For the next 18 years you get from your child's born, you can have half a million dollars waiting for them to graduate high school, for them to pay for school, for them to start their own business, so forth and so on. Yep. Right? Um, and I think that's huge when we talk about bridging the wealth gap. It's never been easier, too.

SPEAKER_01 25:43

It's never been easier.

SPEAKER_00 25:44

I use an app called It's never been easier, yeah.

SPEAKER_01 25:46

Well, as of recent, I opened up a Robin Hood account because that's where you can buy crypto too. But I I've been utilizing the Stash app for probably the past 24 months. I got my daughter signed up with an account too. And I you treat it as a bill every single month. That's just it. You're whatever you decide to do, 100 bucks a month, 50 bucks a month, 200 bucks, whatever it is. It's if that was a light bill, you'd pay it. If it was a phone bill, you'd pay it. Why not? Right, exactly. But paying yourself first is is is is crucial. And my my daughter's fought me, you know, fought me slightly, but I said in 10 years, you know, she's 20 now, in 10 years, you're gonna look back and be like, man, I'm glad dad made me do this. So if you're listening to this right now, get yourself an investment account. You don't have to be savvy. A lot of these apps help you better understand exactly what you need to do to be able to get started. But that was great advice you said earlier, David. Start with what you consume. I had a buddy tell me, go all in with Apple, Amazon, Tesla, and Facebook. Just go, David, and that's that that's that's it. You consume them already.

SPEAKER_00 26:39

Keep it simple. Keep it simple. You don't have to be like me and know everything. There's a cheat code for the average person.

SPEAKER_01 26:46

Sure.

SPEAKER_00 26:47

There's literally a cheat code, just invest in what you know, or if you're not, just go to indexes, the SP 500s, the 500 best companies in the world. Can't go wrong. Right, right. Literally can't go wrong.

SPEAKER_01 26:56

Well, this is a great uh got great conversation, David, exactly what I had expected would happen on on this episode because I I've learned I've learned a ton here, and I hope that uh those of you listening are learning a lot more about what you didn't know that you didn't know about the world of not only investing, but cryptocurrency as well. You want to connect with David further, all of his links to Instagram, etc. will be available in the show notes. David, it's been great to hang out with you again, brother. Thanks for taking some time out of your uh busy day of stocks and and investing to to hang out for a few minutes. We'll have to have you back on the show as this whole world of not only investing, but cryptocurrency really starts to shape our our world and our future as we know it.

SPEAKER_00 27:34

Correct. Yeah, no, thank you. I appreciate it for being back again.

SPEAKER_01 27:37

Thanks again, brother. Until next time, friends. Bye.

SPEAKER_00 27:40

Peace and love.

SPEAKER_01 27:42

Thanks so much for tuning into this episode of the Beyond the Story Podcast. Be sure to appreciate it. If you haven't done so already, make sure you're subscribed to the show. This way you'll get updates as new episodes become available. If you feel so inclined, please to review. Be sure to appreciate it. Signing off from the podcast, Launchlab.com studios. We'll talk to you next time.