Episode 23

From 2017 Hearsay to Pandemic Study: Jules on Bitcoin - Part 3

In this final episode with Jules, Tali and Jules chat about the welcoming world of Bitcoin meetups, particularly the Bay Area Bitcoiners. Jules, host of the Peninsula location, emphasizes their approachable, non-intimidating nature. Attendees can expect presentations, Q&A sessions, and relaxed conversations on a variety of topics like Bitcoin mining and Bitcoin needle chart.

Tali and Jules also discuss the modern challenges of financial literacy, highlighting the sharp rise in housing costs since the 1970s. Both advocate for Bitcoin's potential to transform the understanding of money, especially for the younger generation.

Jules emphasizes that grasping Bitcoin requires patience, likening it to a 100-hour journey. But, she reassures, it's worth every minute.

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Visit orangehatter.com or email Tali@orangehatter.com to get connected.

Mentioned in this episode:

Free Market Kids Short

Get your HODL UP ("The best bitcoin game ever!") at www.freemarketkids.com.

Transcript
Tali:

Hi everybody.

Tali:

Welcome to Orange Hatter.

Tali:

Today you're listening to part three of my conversation with Jules.

Jules:

Yeah.

Jules:

Um, wanna give a shout out to Bay Area Bitcoiners.

Jules:

That's the, the local, uh, meetup group that I'm a part of, and

Jules:

I host the Peninsula location.

Jules:

If there's any females out there that wanna check it out,

Jules:

we're not intimidating at all.

Jules:

It's a very casual thing.

Jules:

Very friendly group.

Jules:

Check it out.

Tali:

So can you give us an idea of what a typical Bitcoin meetup, uh,

Tali:

meeting would look like at at your club?

Jules:

At mine, it's, we have it at the same bar.

Jules:

It's like an outdoor casual area.

Jules:

Sometimes we have presentations, like, the reason I went to bitcoin

Jules:

meetups was to ask questions, and it was very intimidating.

Jules:

The first one I went to was in San Francisco and.

Jules:

I always had an excuse not to go, it was too far or I don't wanna park there, or

Jules:

I, you know, it was very intimidating as a female because you know, it's

Jules:

gonna be mostly men and, you know, I didn't have any technical knowledge.

Jules:

Um, but I just wanted to ask questions.

Jules:

And it's different to kind of ask these questions online, right?

Jules:

Twitter's kind of scary.

Jules:

So I really wanted to go, but I just always had an excuse.

Jules:

And then one week my sister was in town, I dragged her.

Jules:

Yeah, it was very intimidating cuz it was like a group that I've never met before,

Jules:

but everyone was so nice and so welcoming.

Jules:

So I decided to, so, um, Billy who kind of organized the whole thing, he wanted

Jules:

to do different locations and he asked if anyone wanted to do the Peninsula

Jules:

one and I volunteered because I know how intimidating it can be for women.

Jules:

So I, I kind of thought if, if I'm the host, then it'll be

Jules:

less intimidating, but so yeah.

Jules:

So for mine, we just kind of hang out and talk, and then sometimes I arrange

Jules:

presentations so that everyone can kind of get some like baseline, baseline knowledge

Jules:

about something and then ask questions.

Jules:

So we've had stuff on, uh, like mining, home mining, presentations

Jules:

on lightning, on ordinals.

Jules:

Um, the most recent one was like a Bitcoin needle chart.

Jules:

It was really fun actually.

Jules:

Um, so we'll have like a short presentation and a Q and A, and then

Jules:

people just kind of spread out and talk, or just, or some, like last

Jules:

month it was just no presentation, just hanging out and talking.

Jules:

People always ask questions.

Tali:

Yeah.

Tali:

So your meetup specifically meets once a month?

Jules:

Once a month, yeah.

Jules:

And we have in our, in the Bay Area, there's like eight different locations.

Jules:

So there's one like going on pretty much all any week of the month.

Tali:

Cool.

Tali:

So going forward, um, do you have any recommendations for other

Tali:

moms who are looking to introduce Bitcoin to their children?

Jules:

For sure.

Jules:

I, I strongly encourage it.

Jules:

Um, and I think just start with just talking about money.

Jules:

Don't get into technicals cuz you know, even for adults, it's just like

Jules:

you just, your eyes just glaze over.

Jules:

It's like, I don't know.

Jules:

So I think just keep it very simple and, and kind of talk about money and maybe the

Jules:

history of money and how it got debased and how now it's like backed by nothing.

Jules:

I think encourage kids to think about it, you know, I don't think

Jules:

they're, they're encouraged to think about it at all at school.

Tali:

Except for budgeting, I think.

Tali:

I think when they think money, they think how to teach your kids to budget, and that

Tali:

is a completely different conversation.

Jules:

I don't think they've learned that till high school.

Tali:

They don't?

Jules:

Uh, well, my daughter hasn't learned anything about that.

Tali:

Okay.

Jules:

So I, I think, I think in high school, like you start kind of learning

Jules:

about like taxes and stuff like that, but, but again, it's like they don't know

Jules:

like, that there's this money creation going on and you're forced to work harder.

Jules:

I mean, I think everyone just thinks like, well, at least my

Jules:

daughter thinks, oh, I have to go to college so I could get a good job.

Jules:

You know?

Jules:

And what, what's a good job to you?

Jules:

Like something that makes a lot of money.

Jules:

You know, I mean, so it's just kind of just ingrained in them that

Jules:

they have to make a lot of money.

Tali:

Otherwise you suffer, you know, you pay $9 a dozen of eggs.

Jules:

Right.

Jules:

Which I guess is true, which is true, but it's like we should kind

Jules:

of question why we have to make so much money, you know, versus doing

Jules:

what you enjoy or, or doing something that is helpful to people in society.

Tali:

That is so true.

Tali:

I, when I did that presentation to the homeschoolers, I was looking for

Tali:

statistics that show something that, that, that the kids can relate to.

Tali:

So I think, if I remember correctly, in nine, in the 1970s, it's takes five

Tali:

times the average household income, five to 10 times their average household

Tali:

income to buy an average house.

Tali:

So five to 10 years of working or something.

Tali:

Today in the big cities anyway, it's at least a hundred times, the

Tali:

house price is at least a hundred times more than the average income

Tali:

level, which means you have to work for a hundred years to buy a house.

Jules:

Wow.

Tali:

And when you think of it that way, you know, I, I was looking

Tali:

at the, the kids in the audience, cuz they came with their parents

Tali:

and their eyes were like, What?!

Tali:

That's why you have to make a lot of money.

Tali:

That's why you have to, you know, be like so income driven instead

Tali:

of goal driven or mission driven.

Tali:

It, it's a, it's a, it's very difficult I think for me, cuz my, my four

Tali:

kids are just entering adulthood.

Tali:

It's so difficult for me to figure out how to guide them anymore because

Tali:

their world is so different from my world when I, when I finished college,

Tali:

but I tell them about Bitcoin and it's kind of like what we were mentioning

Tali:

before until they feel the need for it.

Tali:

It's just fringe knowledge.

Tali:

Even for my kids, even though Scott and I are in Bitcoin education, we talk

Tali:

to people all the time about Bitcoin.

Tali:

For our kids, it's still fringe knowledge because they don't need it yet.

Tali:

So we are forcing them to participate.

Tali:

But you know, once we stop forcing them, you know what I mean?

Tali:

Like you, you can force your kids up to a certain point when they're younger.

Tali:

If you convince them from the time they're 12 years old, by the time they're

Tali:

18, they have that base knowledge and they can make a more balanced judgment.

Tali:

But my kids, we, Scott and I, didn't enter the Bitcoin space until they

Tali:

were already in their late teens.

Tali:

So they've already had a certain set of expectations that we help

Tali:

instill in them because that was our understanding of how the world worked.

Tali:

So now they have to, I guess, just get to the point in their lives where

Tali:

they feel like it is a necessary part.

Tali:

And then I know that, I mean, they know that they can come to us any time to

Tali:

ask questions, but yeah, that's just, everybody has their own journey, you know,

Tali:

to get to that, that Bitcoin rabbit hole.

Tali:

So...

Jules:

YEah, it is, and it's definitely a journey.

Jules:

I think everyone, it's like the proof of work thing, right?

Jules:

You have to, you have to put in the work and then it's there

Jules:

and you have to be patient.

Jules:

I always tell my friends like, give yourself at least like a hundred hours.

Jules:

It's not easy.

Jules:

And it's, it's journey.

Tali:

Baby steps.

Jules:

Yeah.

Jules:

Yeah, for sure.

Tali:

Any last, um, comments for our audience before we wrap up?

Jules:

Don't get discouraged, uh, when it gets confusing, just, just be

Jules:

patient and I think it's worth learning about and it's kind of life changing.

Jules:

So just keep trying.

Jules:

Just keep doing it, keep learning.

Tali:

Yeah, for sure.

Tali:

Well, thank you so much for, uh, talking with us today and sharing

Tali:

your story and your recommendations.

Tali:

And big shout out to your Bitcoin meetup group in the Bay

Tali:

Area and we'll sign off now.

Tali:

Thank you.

Jules:

Thank you Tali.

Tali:

I hope listening to this conversation has piqued your

Tali:

interest and inspired you.

Tali:

If you would like to learn more about Bitcoin or to read

Tali:

the show notes, please visit orangehatter.com for more information.

Tali:

Or you can email me directly at Tali@orangehatter.com.

Tali:

Be sure to subscribe to the Orange Hatter Podcast so you'll be

Tali:

notified when new episodes drop.

Tali:

See you next time.

Tali:

Thank you.

About the Podcast

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Woman-to-Woman Bitcoin Conversations

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About your host

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Tali Lindberg

"Hello everyone, I'm Tali! If you had met me a few years back, you'd have found me in the thick of homeschooling my four incredible kids. That was my world for two decades, filled with lesson plans, school projects, and a whole lot of beautiful chaos. But once they all graduated, a new and unexpected journey began for me - in the world of Bitcoin.

The spark was lit by my husband, nudging me towards this peculiar thing known as Bitcoin. At first, I resisted. After all, the complexity of Bitcoin was intimidating and my plate was already quite full. But he persisted, and even went as far as creating a bitcoin-mining board game, HODL UP, to teach me what it was. Before I knew it, I was orange-pilled, and my curiosity was piqued. What started as a casual dip of my toes soon turned into a fascinating dive into Bitcoin. Like my homeschooling journey, I took it slow, one baby step at a time, learning and adapting as I delved deeper.

Fast-forward to today, I am absolutely thrilled to share my Bitcoin adventures with all you amazing and busy women out there through this podcast. I've made sure the episodes are bite-sized and easy to follow, perfect for your coffee breaks or while running errands. My goal? To share my experiences and the experiences of other women in Bitcoin in an engaging, easily digestible way. Don't let time constraints or technical jargon stop you from diving into Bitcoin. As your friendly guide, I hope to provide a grounded, relatable perspective to help you navigate the Bitcoin rabbit hole. So, here's to us exploring this thrilling digital frontier together!