From Law to Bitcoin with Jacqui: "Bitcoin is not a scam. It's... legit." - Part 4

Tali: 00:00:00

Hi everybody.

Tali: 00:00:01

Welcome to Orange Hatter.

Tali: 00:00:02

Today you'll be listening to part four of my conversation with Jacqui.

... Jacqui: 00:00:06

and then they'll start to ask questions.

... Jacqui: 00:00:07

And that's another reason why I wrote "the Bitcoin Cinderella" book, because

... Jacqui: 00:00:10

kids are gaming, they're understanding tokens, but they might not understand

... Jacqui: 00:00:14

the other side of the equation.

... Jacqui: 00:00:16

So I think as adults, we need to kind of open up these conversations and say,

... Jacqui: 00:00:21

do you understand what blockchain is?

... Jacqui: 00:00:23

Do you understand what Bitcoin is?

... Jacqui: 00:00:25

Do you understand what a rig is?

... Jacqui: 00:00:26

And they might not, and the parents might not, and that's okay.

... Jacqui: 00:00:30

They can learn together.

... Jacqui: 00:00:31

I mean, that's part of the fun of, you know, just kind of

... Jacqui: 00:00:34

diving into a whole new area.

... Jacqui: 00:00:36

And we're gonna stumble, and that's okay.

... Jacqui: 00:00:38

We just pull ourselves back up and figure it out again.

Tali: 00:00:42

Yeah, that's so true.

Tali: 00:00:43

When they get past the, well, actually when they enter the teenage years, there's

Tali: 00:00:47

no more, there's no more, "sure, Mom.

Tali: 00:00:50

I believe what you're saying," right?

Tali: 00:00:51

You gotta just, you plant the seeds and, and you hope and pray

Tali: 00:00:55

that the seeds will germinate and flourish into a healthy plant.

Tali: 00:01:00

But all we can do is plant a seed, and like you said, you model.

Tali: 00:01:04

And they're watching.

Tali: 00:01:05

And they may not openly agree with you, but it's possible that their

Tali: 00:01:09

wheels are turning, you know, inside.

Jacqui: 00:01:12

They see everything.

Jacqui: 00:01:13

They, they see everything, and they absorb everything, even if they don't

Jacqui: 00:01:17

always tell us what they absorb.

Tali: 00:01:19

Yeah.

Tali: 00:01:19

And I think one of the things that, uh, you just, uh, mentioned also

Tali: 00:01:23

is to recognize that mistakes are just part of the journey and to

Tali: 00:01:28

admit these mistakes and then also to openly discuss the mistakes.

Tali: 00:01:32

That's what I try to do with my kids, because it actually makes me feel like

Tali: 00:01:36

there's some value in me stumbling, when I can take the lessons and share.

Tali: 00:01:41

Otherwise, I feel like it was, like, just a private price that I paid.

Tali: 00:01:46

But if I'm able to share with my kids then I feel like, oh, okay, okay.

Tali: 00:01:49

I got my, I got my, my worth out, out of the, the mistake.

Jacqui: 00:01:53

I think, you know, none of us are perfect.

Jacqui: 00:01:55

We're constantly learning.

Jacqui: 00:01:57

We're constantly, you know, falling down a ... And I think us showing

Jacqui: 00:02:01

that we're learning different areas, one, shows that we're lifelong

Jacqui: 00:02:05

learners, um, which is part of the fun.

Jacqui: 00:02:08

And two, it also teaches us about resilience, because some of our

Jacqui: 00:02:13

investments are not gonna do well.

Jacqui: 00:02:14

Some of them will.

Jacqui: 00:02:16

And we just have to kind of figure out, okay, how are we packaging it all?

Tali: 00:02:21

Yeah, for sure, for sure.

Tali: 00:02:22

And now you said that you are very into education and you have a legal

Tali: 00:02:26

background, and so you wanna tell the audience about your new project?

Jacqui: 00:02:30

Yeah, so, so as I mentioned, um, you know, I, I started writing

Jacqui: 00:02:35

the Bitcoin Cinderella books and I'm really excited about that.

Jacqui: 00:02:38

But I, I realized when I was at one of the conferences, I've been at the Bitcoin,

Jacqui: 00:02:43

uh, conference in Miami twice now.

Jacqui: 00:02:45

Next year they're gonna be in, in Nashville, Tennessee.

Jacqui: 00:02:49

I do recommend that everyone try to go to a, a meetup and a conference.

Jacqui: 00:02:54

I mean, you're gonna meet wonderful people and learn a lot.

Jacqui: 00:02:57

You'll be able to ask questions.

Jacqui: 00:02:59

It's, it's a remarkable experience.

Jacqui: 00:03:01

But I was at the booth, and CleanSpark, which is a very eco-friendly, Bitcoin

Jacqui: 00:03:06

mining company, it's publicly traded...

Jacqui: 00:03:09

they had sponsored the giveaway of my book, "The Bitcoin

Jacqui: 00:03:12

Ciinderella and the Seven Dwarves".

Jacqui: 00:03:13

So I was at the booth giving it away, and a young attorney came up to me and said,

Jacqui: 00:03:17

how did you get into the blockchain space?

Jacqui: 00:03:19

And I said, well, I'm really not.

Jacqui: 00:03:21

I'm in education.

Jacqui: 00:03:23

And she said, well, can you share some resources?

Jacqui: 00:03:26

I said, yeah, I'm happy to.

Jacqui: 00:03:27

And as she walked away, I realized our information in our space

Jacqui: 00:03:31

is what's called decentralized.

Jacqui: 00:03:34

So that's...

Jacqui: 00:03:34

not one major place that you can go.

Jacqui: 00:03:38

And, and that's a good thing.

Jacqui: 00:03:39

Decentralization is actually very good in many ways.

Jacqui: 00:03:42

But I realized that what was needed was a centralized hub for all

Jacqui: 00:03:46

this decentralized information.

Jacqui: 00:03:48

And so the Blockchain Legal Institute and the, the website is www.BLI.tools is

Jacqui: 00:03:54

what I created with a partner of mine, and it's a, a centralized platform of all

Jacqui: 00:03:59

the decentralized resources from Bitcoin to blockchain to events, to associations.

Jacqui: 00:04:05

You name it, it's there.

Jacqui: 00:04:07

You can sign up for the free subscription and have access to a list of events and

Jacqui: 00:04:12

also resources, and then if you decide that you wanna take a deeper dive,

Jacqui: 00:04:16

there's really affordable subscriptions.

Jacqui: 00:04:19

But it's, it's amazing what's going on in the Bitcoin community and there's that

Jacqui: 00:04:24

whole vertical on the legal institute.

Jacqui: 00:04:27

Because we now have what's called ordinals, which are like NFTs,

Jacqui: 00:04:31

but from the Bitcoin perspective, and you know, just there's so

Jacqui: 00:04:35

much going on in our community.

Jacqui: 00:04:37

I'm really excited to share all about that.

Tali: 00:04:39

Yeah.

Tali: 00:04:39

And also in, because this is such a new space, there are a lot of questions

Tali: 00:04:44

about legal rights and property rights and privacy rights and things like that.

Tali: 00:04:49

Does your website cover any of those issues?

Jacqui: 00:04:52

All of those.

Jacqui: 00:04:53

Yeah, it, they, it's all focused on the laws across the United

Jacqui: 00:04:58

States as well as global laws.

Jacqui: 00:05:00

And, uh, there's a deeper dive into the various issues, you know,

Jacqui: 00:05:07

that you had mentioned as well as associations that are related to that.

Jacqui: 00:05:11

You know, different states have more activities than other states...

Jacqui: 00:05:15

more associations.

Jacqui: 00:05:17

And so it's, it's a really exciting resource to, uh, go to.

Tali: 00:05:23

Yeah, I think it's gonna be so helpful, because that's one of

Tali: 00:05:25

my biggest questions when I go to different meetups, I ask everybody

Tali: 00:05:30

who's been in the space for a while, and I always have the same question.

Tali: 00:05:34

I'm like, where, where is the line?

Tali: 00:05:36

I don't know where the line is.

Tali: 00:05:37

And you know, it's almost like there's, it's all gray areas.

Tali: 00:05:41

There's no black and white and gray in the middle.

Tali: 00:05:43

It's just all gray areas.

Tali: 00:05:45

So I think your tool is going to be so, so valuable.

Tali: 00:05:48

And it's BLI.tools.

Jacqui: 00:05:52

Yeah.

Jacqui: 00:05:53

And I just briefly am showing the, the platform.

Jacqui: 00:05:56

But there's, there's news, there's learn area, AI.

Jacqui: 00:06:00

I know we're talking about Bitcoin, but there's a Bitcoin vertical.

Jacqui: 00:06:03

There's, there's a little bit of everything for everyone who's

Jacqui: 00:06:06

trying to learn this space.

Jacqui: 00:06:07

But especially if you're focusing on the Bitcoin side, there's Bitcoin

Jacqui: 00:06:10

mining and legal considerations.

Jacqui: 00:06:12

There's the legal landscape.

Jacqui: 00:06:13

There's Bitcoin enterprises, because there's a lot of

Jacqui: 00:06:16

businesses involved in Bitcoin.

Jacqui: 00:06:18

I mean, it's really a remarkable space.

Jacqui: 00:06:20

I mean, the other thing is people right now are using, you know, Bitcoin rigs,

Jacqui: 00:06:25

not that everyone, you know, anyone who's listening might have to do this,

Jacqui: 00:06:28

but you can use it to heat your home.

Jacqui: 00:06:30

You know?

Jacqui: 00:06:30

So there's, you know, I, I have solar for the electrical side, but I've thought

Jacqui: 00:06:35

about, you know, the, the, the flip side.

Jacqui: 00:06:37

Okay, there's the air conditioning, now there's the heating.

Jacqui: 00:06:40

So there's a lot of different ways that you can do this.

Tali: 00:06:43

Yeah, I think at the Bitcoin conference there was a company that

Tali: 00:06:46

was showcasing a hot tub that was being warmed by a Bitcoin miner.

Tali: 00:06:51

That's cool.

Jacqui: 00:06:53

It's very cool.

Jacqui: 00:06:53

It's very cool.

Jacqui: 00:06:54

So, you know, again, there's, there's a lot involved in this space, and it's only

Jacqui: 00:06:59

gonna be become more creative and useful.

Tali: 00:07:02

Yes.

Tali: 00:07:02

There are so many tremendously talented and enthusiastic, passionate

Tali: 00:07:07

people working in this space, trying to make it more accessible to

Tali: 00:07:12

everybody, build it up so that it's more secure, build it up so that it's

Tali: 00:07:15

more convenient for people to use.

Tali: 00:07:17

So definitely a very exciting landscape.

Tali: 00:07:20

And I wanna thank you so much for chatting with us today and for all the

Tali: 00:07:24

resources that you have been working on...

Tali: 00:07:26

your Cinderella book, the new Blockchain Legal Institute website.

Tali: 00:07:31

Wonderful, wonderful resources.

Tali: 00:07:33

Any last suggestions for our listeners out there?

Jacqui: 00:07:37

The only thing that I would say is take that first step.

Jacqui: 00:07:41

You know, understand that, again, this is not investment advice, not legal

Jacqui: 00:07:45

advice, just personal opinion, part of the challenge that we have is getting

Jacqui: 00:07:49

past our fear of taking that first step.

Jacqui: 00:07:52

And you know, like I said, even if you just start with $10 to

Jacqui: 00:07:57

get the feel of it, just...

Jacqui: 00:07:59

you don't have to do anything else, but you're gonna see that money go

Jacqui: 00:08:03

up, your money go down and you're...

Jacqui: 00:08:05

but that's no different than stocks or anything else.

Jacqui: 00:08:07

So again, take the first step, ask questions, develop your own personal

Jacqui: 00:08:12

library of resources, go to those meetups, meet the people in the community.

Jacqui: 00:08:18

And doesn't have to be a lot of time, but you know, find your

Jacqui: 00:08:22

favorite, you know, talk shows to listen to, to educate yourself.

Jacqui: 00:08:26

And just be more aware and present in your own financial future.

Jacqui: 00:08:31

Because again, sometimes we give up that control to other people.

Jacqui: 00:08:35

And the other thing that I would say, once you make the decision to

Jacqui: 00:08:39

be part of this process, let your politicians know that you are, as well.

Jacqui: 00:08:45

Because you don't have, you don't have to be very vocal, but it's important for

Jacqui: 00:08:50

individuals within the political space to know that more people are participating.

Jacqui: 00:08:55

Because they're making the rules that then govern us and put the restrictions

Jacqui: 00:09:00

as well as protections out there.

Jacqui: 00:09:02

Now, protections are not bad, but sometimes protections are very

Jacqui: 00:09:05

restrictive, so it doesn't allow us to make the freedom of choice that we want.

Jacqui: 00:09:11

And so we all have to be educated consumers, and sometimes as

Jacqui: 00:09:16

consumers, we make mistakes.

Jacqui: 00:09:18

But again, I would rather make a mistake than have someone say, you can't

Jacqui: 00:09:22

make that mistake in the first place.

Jacqui: 00:09:25

So that's the only thing that I would ask everyone within their own comfort

Jacqui: 00:09:28

level is to be communicating with the politicians, just so that way they

Jacqui: 00:09:33

know that our community is growing.

Jacqui: 00:09:36

And that as voters, this is an issue that we would like to be considered.

Jacqui: 00:09:42

Because I think that that's important.

Jacqui: 00:09:44

Our financial future...

Jacqui: 00:09:46

we need to have some freedom to make those decisions.

Jacqui: 00:09:49

So I don't get very political, but the thing is that I think that if we don't

Jacqui: 00:09:53

speak up, just like if we don't vote, sort of is like a will and voting.

Jacqui: 00:09:57

I think those are two things that we all need to have and do.

Jacqui: 00:10:01

Those are freedoms that other countries don't always have, and so I think

Jacqui: 00:10:04

we should not take it for granted.

Tali: 00:10:06

Yeah, that's really great advice.

Tali: 00:10:08

And like you said, we're not trying to be political here, because Bitcoin

Tali: 00:10:12

is non-political, and that's one of the beauties about this, this

Tali: 00:10:16

protocol, this, this new, what we believe to be a new money standard.

Tali: 00:10:20

But really the protocol, the, the entire ecosystem around it, we are nonpolitical,

Tali: 00:10:25

but whichever political party you belong to, you know, reach out to the people

Tali: 00:10:29

who are in the government positions, and just let them know what you think.

Tali: 00:10:34

Because if you don't tell them they don't know.

Jacqui: 00:10:38

Exactly right.

Jacqui: 00:10:38

They don't know.

Jacqui: 00:10:39

So I appreciate your, my being on your show, and now guess what?

Jacqui: 00:10:45

You get to be on my show.

Tali: 00:10:47

Yay!

Tali: 00:10:48

Thanks for joining us today and learning with us today.

Tali: 00:10:51

If the discussion with our guest resonated with you and you would

Tali: 00:10:55

like to dive deeper into the world of Bitcoin, don't miss out on joining the

Tali: 00:10:59

Orange Hatter Women's Reading Club.

Tali: 00:11:01

The meetup link is in the show notes.

Tali: 00:11:03

Also, if there are women in your life whom you think will both enjoy and

Tali: 00:11:07

benefit from learning more about Bitcoin, please share Orange Hatter with them.