From Paramedic to Bitcoin Evangelist - Part 3

Tali: 00:00:00

Hi everybody.

Tali: 00:00:00

Welcome to part three of my conversation with Lindsay.

Tali: 00:00:04

So I'm not familiar with Airbnb experiences.

Tali: 00:00:07

Is that something that they post on their website or is that just something

Tali: 00:00:12

you're calling Airbnb experience?

Lindsay: 00:00:14

No, that is a part of Airbnb.

Lindsay: 00:00:16

Most of the time people use it for, you know, there's like, you can take

Lindsay: 00:00:20

a cooking class, you can go on a kayaking trip, you can do painting or

Lindsay: 00:00:24

you know, food tours, stuff like that.

Lindsay: 00:00:26

It's, it's actually a, a pretty big thing.

Lindsay: 00:00:28

I got introduced to it when I, when I took a food tour in Thailand once,

Lindsay: 00:00:32

and I was like, this is, you know, this is a really excellent platform.

Lindsay: 00:00:36

And that's where all of my signups have come from.

Lindsay: 00:00:39

Almost no one has, has reached out to me through Meetup that way.

Lindsay: 00:00:43

Uh, which I was kind of surprised at, but, but Airbnb is, I dunno.

Lindsay: 00:00:46

'Cause I, I also run the, I also have a rental Airbnb,

Lindsay: 00:00:50

like a, a residential place.

Lindsay: 00:00:52

And as a, as a host, it's definitely a different, a

Lindsay: 00:00:56

different experience running it.

Lindsay: 00:00:58

And Airbnb experience as opposed to, or the residential rental and Airbnb is much,

Lindsay: 00:01:03

much more stringent about what they allow.

Lindsay: 00:01:06

And like the, you know, picture quality and everything that you put on there

Lindsay: 00:01:11

has to be, there's a waiting period to get every everything approved and then

Lindsay: 00:01:15

to change it, you need to go through that same waiting period again and.

Lindsay: 00:01:19

Yeah, they're not, they're not always flattering about the pictures that

Lindsay: 00:01:22

they, that they select to post and just, you get a, I got a lot of

Lindsay: 00:01:26

rejections as far as, you know, photos and, you know, any kind of marketing

Lindsay: 00:01:29

thing that I wanted to put up there.

Lindsay: 00:01:31

Um, and I don't know.

Lindsay: 00:01:32

I've never run a different one, so I don't know if that's a normal

Lindsay: 00:01:35

experience or just had to do with, with my content specifically.

Tali: 00:01:39

That's interesting.

Tali: 00:01:40

I wonder if it is a, a content issue, but for all the listeners out there who

Tali: 00:01:45

are possibly, you know, like the light bulb is going off and they're like, oh, I

Tali: 00:01:49

can do that too locally and try to reach more people, what would you suggest?

Tali: 00:01:54

How should they take their first step if they want to create something

Tali: 00:01:57

similar to that where they are?

Lindsay: 00:02:00

First and foremost, you need to make sure that you

Lindsay: 00:02:01

have good content to offer.

Lindsay: 00:02:03

I mean, really, really make sure that you are, that what you're communicating

Lindsay: 00:02:09

to people is, is relatable, is understandable, is not too technical.

Lindsay: 00:02:13

That's really easy.

Lindsay: 00:02:14

That's a really easy hole to get stuck down if you're, you know, if you're

Lindsay: 00:02:18

really involved in the community.

Lindsay: 00:02:19

And I've had to, you know, kind of tell myself and make sure

Lindsay: 00:02:22

that I'm scaling that back.

Lindsay: 00:02:23

'Cause you do, you need to kind of remember where you started and,

Lindsay: 00:02:26

and meet people where they are.

Lindsay: 00:02:28

'cause there's a lot of people that are, you know, this is, this is a scary new

Lindsay: 00:02:31

world and, you know, what makes, what makes Bitcoin not for criminals or,

Lindsay: 00:02:36

you know, not for nefarious activities.

Lindsay: 00:02:37

What makes it not dangerous?

Lindsay: 00:02:39

What makes it so that it can't be stolen from me?

Lindsay: 00:02:41

And like, you know, for all of those reasons are, are very, very real.

Lindsay: 00:02:45

In the beginning and you need to kind of keep that in mind.

Lindsay: 00:02:48

So yeah, first, first thing's most important is make sure that you're,

Lindsay: 00:02:52

that when you do have an audience, that it's going to hit home, that it's

Lindsay: 00:02:55

going to be relatable, approachable, non, you know, non offensive,

Lindsay: 00:03:00

and that you're not coming on too strong as far as finding a platform.

Lindsay: 00:03:04

I think that, I think that podcasting seems to be the

Lindsay: 00:03:07

one that has really taken off.

Lindsay: 00:03:09

So if you have the technical capability to do that, that

Lindsay: 00:03:12

seems like a really good avenue.

Lindsay: 00:03:14

Airbnb experiences it, you know, it's working for me and I don't have,

Lindsay: 00:03:18

like I said, I can't do this this full time, so it, it only being,

Lindsay: 00:03:21

you know, every couple months or so like that, that works fine for me.

Lindsay: 00:03:24

If you're looking to do it more, you know, more often than that, I'm

Lindsay: 00:03:28

not gonna say that it's a bad venue.

Lindsay: 00:03:30

I'm not.

Lindsay: 00:03:31

Maybe, maybe, you know, Maybe it's me.

Lindsay: 00:03:33

Maybe I'm just interacting with it poorly or there's something that they don't like

Lindsay: 00:03:37

about, you know, my particular content.

Lindsay: 00:03:40

I don't, I don't know.

Lindsay: 00:03:41

And if I don't know, I think that for Meetup, if you're in an, if you're

Lindsay: 00:03:46

in a more urban area, I think Meetup works great, but it's not quite

Lindsay: 00:03:50

so much if you're in the boonies.

Tali: 00:03:52

Yeah.

Tali: 00:03:52

Thank you very much for those tips.

Tali: 00:03:54

Um, so you were talking about meeting people where they are and keeping

Tali: 00:03:58

things as non-technical as possible.

Tali: 00:04:01

And so you told me about a few analogies that you use that

Tali: 00:04:06

people can really connect with.

Tali: 00:04:07

Can you give us one of those?

Lindsay: 00:04:09

Yeah.

Lindsay: 00:04:10

So in addition to the, you know, talking about the, the grocery store employee

Lindsay: 00:04:14

kind of analogy for inflation, I also like to touch on CBDC in my class.

Lindsay: 00:04:19

Um, kind of more towards the end, just because I think it's really important

Lindsay: 00:04:23

to kind of contrast the, the world of Bitcoin and the, the current state

Lindsay: 00:04:27

of affairs and where that's headed.

Lindsay: 00:04:29

So CBDC, they're Central Bank digital currencies.

Lindsay: 00:04:32

You're probably gonna hear more about them if you haven't already on the news.

Lindsay: 00:04:36

And there's the whole release of the the Fed Now thing, which is, I

Lindsay: 00:04:40

believe, live, which is kind of the infrastructure for an eventual US CBDC.

Lindsay: 00:04:45

But like the current existing CBDC benchmark that you can look at is China,

Lindsay: 00:04:50

and they have their CBDC is live as a pilot in a few parts of the country.

Lindsay: 00:04:56

So I kind of like imagine that you are.

Lindsay: 00:04:58

You know, a middle-aged woman and you happen to be a diabetic and you know,

Lindsay: 00:05:03

you have a, a regular job, not high income, and you have a bank account.

Lindsay: 00:05:08

Traditionally, if you put money in your bank account, you earn a

Lindsay: 00:05:11

little bit of interest on it, and right now it's almost nothing.

Lindsay: 00:05:14

I mean, it's, you know, 0.02 or something, you know, negligible.

Lindsay: 00:05:18

But with a CBDC, now it can be a negative interest rate.

Lindsay: 00:05:22

The bank is charging you to hold that money.

Lindsay: 00:05:24

But with the CBDC, You can't pull it out.

Lindsay: 00:05:27

You can't stuff cash under your mattress anymore.

Lindsay: 00:05:29

You have to have them hold it.

Lindsay: 00:05:31

So you don't have, you have no way of escaping that negative interest

Lindsay: 00:05:33

rate if they decide to charge you that and that negative interest

Lindsay: 00:05:36

rate, because you can't pull it out.

Lindsay: 00:05:38

You don't have a way to defend yourself from it.

Lindsay: 00:05:40

It can be increased.

Lindsay: 00:05:42

You know, they could say that, you know, we're going to send out stimulus

Lindsay: 00:05:44

checks to your bank account, but the catch is if you don't spend it

Lindsay: 00:05:48

within the next three months, 30% of it is gonna be, is gonna be gone.

Lindsay: 00:05:53

They could do, it allows a lot of tools that have never

Lindsay: 00:05:57

existed before to be implemented.

Lindsay: 00:05:59

And I'll say that you are that woman, you happen to be a diabetic.

Lindsay: 00:06:04

Your money if it's fully electronic, like that can be tied to your medical record.

Lindsay: 00:06:09

So if you are a diabetic, they can have it set up so that your money is

Lindsay: 00:06:13

programmed so that it doesn't work.

Lindsay: 00:06:15

You cannot purchase a, you know, a bar of candy that has more

Lindsay: 00:06:19

than 15 grams of sugar or so.

Lindsay: 00:06:22

Even if that bar of candy is for your granddaughter, they can make

Lindsay: 00:06:25

it so that money can be, can be given new rules for everyone.

Lindsay: 00:06:30

Or for individuals who meet specific criteria, or if you are, say, an

Lindsay: 00:06:34

activist that, um, you know, is, is protesting a cause that, that rubs the

Lindsay: 00:06:41

government or authorities the wrong way?

Lindsay: 00:06:44

I mean, they can turn off your ability to buy tomato.

Lindsay: 00:06:46

Like, it's really difficult to keep protesting if you can't,

Lindsay: 00:06:49

if you can't feed yourself, if your money doesn't work anywhere.

Lindsay: 00:06:52

Or another thing that they can do, that they could program into this

Lindsay: 00:06:56

would be the ability to have your money only work within, say, you

Lindsay: 00:07:00

know, a two mile radius of your home.

Lindsay: 00:07:02

So it's like, you can't travel, you can't, you know, you can't continue to,

Lindsay: 00:07:06

to protest this cause or, or whatever it is that they, you know, whatever activity

Lindsay: 00:07:10

that they don't like that you're doing.

Lindsay: 00:07:11

It just, it strips all of the freedoms that you were used to with cash.

Lindsay: 00:07:16

Another thing about it is, you know, let's leave, let's leave the, the middle-aged

Lindsay: 00:07:20

woman analogy, unless jump to say you're a college student or a high school

Lindsay: 00:07:23

student and you wanna make some extra money because you wanna go mow lawns

Lindsay: 00:07:27

in your neighborhood for the summer.

Lindsay: 00:07:29

You know, you charge 20 bucks a salon or something like that.

Lindsay: 00:07:32

Now, every single one of those transactions, it's not cash anymore.

Lindsay: 00:07:35

It can't be, it has to be through this electronic CBDC.

Lindsay: 00:07:39

All of those transactions are direct, all of them are taxable,

Lindsay: 00:07:43

and it's like they're, it just, it completely removes any sort of, you

Lindsay: 00:07:47

know, any ability to be anonymous.

Lindsay: 00:07:49

And I know there's, there's kind of an attack on, on privacy right

Lindsay: 00:07:54

now as if privacy is something, something nefarious in and of itself.

Lindsay: 00:07:57

You know, they say that if you don't have, if you don't have

Lindsay: 00:07:59

anything to hide, you're fine.

Lindsay: 00:08:01

Well, I bet that everyone listening to this has curtains on their windows.

Lindsay: 00:08:03

And it's not because they have something to hide, it's because they don't want to.

Lindsay: 00:08:07

Reveal themselves to the world all the time, and you shouldn't have to.

Lindsay: 00:08:11

There's nothing wrong with paying a high school kid 20 bucks to mow their

Lindsay: 00:08:15

lawn and not sending the government their 12 cents or, you know, their

Lindsay: 00:08:19

$1 or whatever cut out of that.

Lindsay: 00:08:21

Like that's not, that's not a crime and it shouldn't be.

Lindsay: 00:08:24

And CBDC are a, are a really insidious way to bring out a whole,

Lindsay: 00:08:30

a whole new world of, of control and surveillance, um, that, that no one,

Lindsay: 00:08:36

uh, no one here has ever experienced.

Lindsay: 00:08:39

I know that's something that, that is a pilot program in China and, and

Lindsay: 00:08:43

so far it's looking pretty dystopian.

Lindsay: 00:08:45

If, if George Orwell could see it, he would've written

Lindsay: 00:08:47

a, uh, an even scarier book.

Tali: 00:08:50

I think when, when people talk about CBDC, the story that hits home

Tali: 00:08:54

the most for me is just the example that I've heard about our grandma.

Tali: 00:08:58

You know how grandmas just like to give, you know, a dollar or $5 or something

Tali: 00:09:03

to their grandkids and like when you go to the grocery store, get a pack of

Tali: 00:09:05

candy or something, they now in that new system, they can't even give their

Tali: 00:09:10

grandchild that pocket money anymore.

Tali: 00:09:12

You know, it, it's the sign of affection becomes something

Tali: 00:09:15

official that is taxable.

Tali: 00:09:17

Even in that casual interaction.

Lindsay: 00:09:20

Yeah.

Lindsay: 00:09:21

Uh, I think one of the, one of the arguments you would hear against that

Lindsay: 00:09:24

is, you know, oh, there would be a, there would be a minimum, you know, threshold or

Lindsay: 00:09:28

whatever, you know, it's $600 or whatever.

Lindsay: 00:09:29

Anything under that is, it's not gonna be taxed.

Lindsay: 00:09:32

But I don't know, I hear that kind of argument.

Lindsay: 00:09:34

I'm just like, you know, I, I bet you they thought that way in China.

Lindsay: 00:09:37

I bet you they think that way, or they used to think that way in like

Lindsay: 00:09:40

North Korea and stuff like, When, if there is a power able to be

Lindsay: 00:09:45

corrupted, it will be, and, you know, to get things, to get things started.

Lindsay: 00:09:49

It's, you know, it's gonna be all, all painted about how, you know, how

Lindsay: 00:09:53

convenient it is and how safe and secure it is and how, you know, criminals will

Lindsay: 00:09:57

have, you know, a really hard time.

Lindsay: 00:09:59

That sounds really scary when, when they get to decide who criminals are.

Lindsay: 00:10:03

And you know, if a criminal is someone who mows four lines and you know, they,

Lindsay: 00:10:07

they've broken the threshold of how much, how much income they're allowed to have

Lindsay: 00:10:10

without, without having to pay taxes.

Lindsay: 00:10:12

Like that's, that starts to get into a, to a really dystopian kind of a world.

Tali: 00:10:18

Thanks for joining us today and learning with us today.

Tali: 00:10:21

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

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

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Tali: 00:10:31

The meetup link is in the show notes.

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