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David Just Spent a Million Dollars on This

Um, I brought a 44-year-old to co-host my podcast tonight. Oh, so let me tell you something, guys. There's this thing called Bitcoin. It's like an online currency., and it's basically untraceable. That's like the most favorite thing for why people get it. It's like an online currency. It's not like regulated by the US government. It's basically made by like a couple college kids. I don't even know how it started. But basically how it started out is Bitcoin, one Bitcoin used to cost like 2 cents, and then it used to cost 10 cents, and at this point right now, this day, Okay, right today it costs $6,400 for 1 Bitcoin. So when my friend came to me and first introduced me Bitcoin, this was like, this was like maybe 5 months ago, he came to me, he's like, dude, you should really get on Bitcoin, it's blowing up. And he's like, buy 1 Bitcoin at least. It was $2,200 a coin. And I'm like, okay, I'll try it. And I didn't get on it because my app wasn't working or some shit, I don't know. And I check back a couple months later, I check back 3 months later, and it's at, it's at $4,500. And I'm like, holy shit, it's doubled. I go to my friend Zane, I'm like, Zane, look at Bitcoin, it just doubled from a couple months ago. And then I'm like, I can't believe we missed that. I can't believe we, like, we should have hopped on it when we had the chance, right? And then I check again 2 months later, and now I see it's at $6,400. And to myself again, I'm like, Dude, I can't believe I missed it. And I keep missing it. The way Bitcoin works is you buy one coin for $2,000, right? And then you go, and then you watch it grow, whatever. It can grow, it can also plummet to the ground just like any stock. And 6 months later, like it happened, now it's at $6,000. So you sell that same coin, and now you get $6,000 back when you paid $2,000 for it. So you made triple your money. And there's stories about people in Bitcoin. When the app— or when Bitcoin first started, people— it would, it would cost like a cent, a cent or two for a Bitcoin. And like the early people went and they bought thousands of bitcoins. Like they just bought a bunch when it was a startup company, right? And they completely forgot about it in their account. Yeah, I've heard those stories. And then fast forward to now, there was a guy who like, who went on his account and found out he had $21 million worth of Bitcoin. That he completely forgot about. $21 million, real dollars, like American dollars, just sitting in an account that he completely forgot about because Bitcoin just fucking blew up. Wow. It's nuts. And it's just so crazy how many ways there are to make money, and it's just so intriguing to me, and like I don't have enough knowledge.

November 2, 201713:40David
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Jason13:03
what else did the banker say? The banker—
David13:05
it's my money. It's my money. He advised me completely against it. He's like, yeah, don't do it, diversify your income. And I hope you guys aren't bored listening to this because I just find it so intriguing, especially when it's not your money. No, it's not…
Jason13:36
Have you taken a high risk in your life that it panned out?
David13:40
Um, I brought a 44-year-old to co-host my podcast tonight. Oh, so let me tell you something, guys. There's this thing called Bitcoin. It's like an online currency., and it's basically untraceable. That's like the most favorite thing for why people get it. It's like an online currency. It's not like regulated by the US government. It's basically made by like a couple college kids. I don't even kno…
Jason16:31
There's not enough time in the day.
David16:32
Yeah, I don't—
Jason16:33
There's just not enough.