Full transcript: MMCrypto on London Real
3:40 Brian Rose: This is London Real, I am Brian Rose. My guest today is Chris Jusinski, aka MM Crypto, the investor, entrepreneur and cryptocurrency trader. You are the founder of MM Crypto, a platform providing daily market updates and breaking news to a massive community of crypto enthusiasts. Your YouTube channel is one of the most popular for cryptocurrency insights and education with more than a hundred million views and has helped you build a massive following across all social media with over two and a half million total subscribers.
4:11 You’re an OG in the Bitcoin space, making your first Bitcoin purchase back in 2017 and have become one of the leading voices in the industry. Ultimately, you believe that Bitcoin represents smart money and is the only realistic store of value in an era of global economic uncertainty. You have predicted that Bitcoin could potentially hit a hundred and fifty thousand dollars in this bull run, a testament to your conviction in blockchain’s transformative power.
4:37 Brian Rose: Chris, welcome to London Real in Dubai.
4:40 Chris Jusinski: Big pleasure to be here. It’s a big honor to be here. Thank you very much for inviting me. I think 2020, March, April, I watched you the first time.
4:51 You didn’t know at all who I was, but I definitely knew you were a very critical voice in the space. And I was thinking, wow, we need media like this. I think one time you said, I do not agree with everything you say, but I will fight your death for your right to say it. And that is beautiful. I think this is exactly what also Bitcoin is about.
5:16 It’s about freedom. Freedom is very important, especially during those times where we have evil growing and it’s a big pleasure to be here for sure.
5:24 Brian Rose: Wow. Well, thanks for saying that. Really appreciate that.
5:27 And I feel like the Bitcoin community was one of the first communities to really embrace that freedom. But I didn’t always know that. And so when I met you back in 2022, I was in Dubai pretty much my first time ever. I was at the JITEX conference, which is this massive tech conference downtown. And there was a little section where crypto was.
5:47 And I bumped into a couple of you kind of high-level crypto guys in Dubai. And I think I first met Carl the moon and then later I got asked to come to an event. DaVinci was there. I met you. I met crypto kid and crypto Jack.
6:04 And I’ll be honest with you. I was completely surprised with how welcoming you guys were. I mean, here you are at the top of your game, right? You know, making crazy money. And yet you still allowed me to kind of come in your circle.
6:20 And I remember telling you guys, wow, you guys have something special here. And the other thing I noticed is that you guys weren’t competing with each other. You know, and if you look at those names, I just mentioned, you know, in any other industry, Chris, I think they would be trying to beat each other and, you know, fighting with each other. And yet you guys were supporting each other. I still remember a crypto kid is this 15 year old kid there.
6:42 And you’re like, yeah, keep going. Make another video. You guys were really promoting him and you had this kind of abundance mentality, Chris. And I was really impressed. And so I was like, these guys are different.
6:54 And so, you know, I kind of want to go into that and try to find out because the leadership comes from the top, you know, and it I believe that mentality is in you. I think it’s in Carl. I think it’s in DaVinci. Today, you posted on your own Instagram and I think you posted you were at one point six million followers and Twitter. And you said another milestone growing so fast.
7:14 You said it’s unreal. Eight years ago, I drove a taxi. Now I pop up on YouTube if you search Bitcoin most of the time and I was number one trader out of 50 million people on Bybit recently. You said everything seems so unreal. Every day I need to ground myself and make sure I don’t lift off.
7:32 All my gratitude goes to God first and to my family and you guys for supporting. Thank you from the bottom of my heart.
7:42 Bro, that’s heavy.
7:43 Chris Jusinski: Thank you. Yeah, it was it was a nice moment again. Every day I wake up and I realize what’s happening. It’s crazy and it seems still unreal after eight years.
7:53 I mean, crypto is crypto is crazy. What you just mentioned before that we are supporting all each other. I mean, if you understand what Bitcoin is about, it’s a network, right? And a network gets more valuable with more people joining that network. If you have two telephones, there’s just one connection between them.
8:11 If you have three telephones, there’s one, two, three. If you have four, one, two, three, four and in between you have five, six. So it exponentially growth, growth. The more people are joining the network exponentially, the more valuable the network becomes. That’s the case for Bitcoin.
8:26 That’s the case for your own network also. So as YouTubers, we are usually sticking together in crypto. I think everyone kind of understands that with some exceptions. They are always good and bad people, but even exchanges are collaborating behind the scenes with each other, right? No one is really fighting each other because in the end of the day, everyone in crypto, if you are forced for good, we are all in for the same reason.
8:51 And there is no reason for competition. We need to stick together to grow like as a Kraken to eventually take over the world in a good way and yeah, improve what’s going wrong at the moment with a traditional financial system.
9:04 Brian Rose: Now, that’s great in theory, but to see it happen in practice is another thing.
9:08 Chris Jusinski: Yeah, that’s true.
9:09 Brian Rose: Because eight years ago, you’re driving a taxi.
9:12 Now, the taxi is driving you just met you outside and you know, you got, you know, a lot of other things that you can do whenever you want to do it. And I don’t know many other industries where someone like that would stay grounded. You look at music and Hollywood and movies and even influencers and other spaces and they’re going to get to a point where they seem invincible. They seem like Superman. They seem like they deserve it.
9:35 And yet, I always see you kind of grounding yourself. I see you at conferences. You take pictures with everybody at the conference and this is something even more. You actually sit there and listen to these people and then you look in their eyes and I was watching you at blockchain life. And again, people come up to me and I’m introverted.
9:52 I think you’re introverted too. I get exhausted after that. I mean people don’t understand if you’re an introvert after 50 or 100 interactions. I have to go home and be alone for a long time. And I’ve seen you there and you’re not just like, yeah, yeah, bye.
10:06 You’re like listening to the person the whole time and giving a lot of your time and energy. How do you still do that?
10:12 Chris Jusinski: Well, it’s the reason why I go to these conferences, right? As we talked before the recording, I don’t want anyone’s business. So I go to these conferences.
10:21 I speak for free. I don’t take any money. I promote the conference if I think it’s a good conference and I go mainly for the reason just to meet the people who are watching me every day in real life, right? So I think I go there for three hours. These three hours I will fully dedicate to my followers.
10:40 And if I was on the other side before I was a follower of other people, right? These YouTubers back in the days, they helped me to discover Bitcoin. So that’s why I think I kind of owe those people who are partially also the reason for my success to just dedicate some time to them and listen to them. So it’s always a big pleasure to meet those people. But just as you said, I think everyone watching this, they will think I’m a big extrovert.
11:08 But yeah, I definitely have a big part of myself being an introvert. So I feel that also after the conference, even though I seem like an extrovert, I am a little bit exhausted and when I’m coming home, I need to relax a little bit and it rather takes a little bit of my energy than it gives me. But I do think I’m a little bit something in between because when I’m on stage, I’m definitely more energized afterwards than before. Just all these actual interactions.
11:35 They are a little bit draining.
11:37 Brian Rose: Yeah, I think we need a new word because it’s not one of the other, not black or white. It’s like some weird combination. Yeah, that’s I think we are very similar in regards to that. I think here’s a secret for a lot of people listening or watching is that most YouTubers are introverts and yet you wouldn’t think that because here they are talking and screaming and whatever they’re doing.
11:56 But if you meet them in real life, a lot of times they are introverted, but YouTube is their medium for connection and expression. And so same with me. I mean, I do a TED talk or you’ll see me doing this, but I’m an introvert giving a really good impression of an extrovert and I think actually that’s where the power is. If you can work on your shortcomings or work on the things you’re not as good at, if you can find an introvert that can act extroverted, I think that’s more powerful than an extrovert because an extrovert has to have people around them all the time. Whereas I think it’s good to be amongst yourself sometime and connect with your heart and plan what you want to do. So I think it’s a nice combination.
12:33 Chris Jusinski: I’m very proud of it also. I don’t want to change how I am for sure. I remember you you touched the topic with with the taxi driver. I deviated a little bit, but when I look into my community, this is usually what what interests them the most because you can connect especially as a listener. I mean as a taxi driver, I was basically on the bottom of the of the food chain, right? Not in any like demeaning or negative way, but that was definitely yeah, not the very very best situation you could be in even though I was doing okay, right? And I was also studying. I was studying and driving a taxi, but I think this is what many what interests many people. How can you get from a place where you are just driving a taxi being a student in the week on the weekend driving a taxi and living really at the bare minimum financially and then how can you get to a point where you are not only well known but also financially very well off and yeah, I mean I studied economics and I can now say in hindsight studying was definitely not the reason for my success, but the economic knowledge was definitely the reason to understand what Bitcoin is about and why it’s important and I think what was very important for me the moment I found Bitcoin was to understand its important importance and put all my dedication into it when I found it.
14:01 I knew okay, I have to quit my studies, which I did I have to quit my taxi driving, which I did I have to go all in with my time and with my money into that specific topic and it will not only change my life. It will change the life of everyone in the world and because of that education and because I knew in the end of the day what Bitcoin where Bitcoin will go to and I think now it’s much more obvious than 2017 even though we are by far not there yet because of that I had the dedication. I never stopped when Bitcoin went from 20,000 to 3,000 I didn’t stop when Bitcoin went from 69,000 down to 16,000. I never stopped. In fact, I double down went all in and leveraged my portfolio at 17,000 US dollars with Bitcoin. It just went down and yeah went in more than a hundred percent or more than all in and that was I think the whether it’s smart or not from a risk perspective. I think that is one of the reasons why it played out so well and you don’t have to necessarily do it in Bitcoin, but if you do it in any other space, you have some business idea or you have a purpose in life.
15:13 You want to educate children or you want to improve the diet of humans in the world. If you really have a very strong purpose and this dedication and yeah, this very strong will then no matter what happens to keep pushing you keep improving you fall down you stand up again. I think this is the secret sauce to the success and yeah, just having that dedication having that picture of your future self in mind and knowing it is happening. I am that person. I will attract all of that. I think that is that is the reason.
15:49 Brian Rose: You had a very important professor early on that taught you some unique things about economics, right? Something that really resonated with you that maybe laid the path. I think you hadn’t heard about Bitcoin at that point, but you had this professor that was maybe showing you some of the flaws in the financial system. Can you talk about that and do I get that right?
16:13 Chris Jusinski: Yeah, man, you really did your homework amazing. I would love to talk about that because that professor I had during my economic studies I had him between 2013 and 17. I finished my economic studies and then I quit my master studies in business afterwards, right? But that is not important.
16:32 The most important part for me, university-wise was 2013 to 17 when I studied economics. And that specific professor you mentioned was actually an ex-central banker from the European Central Bank. And then you might think, oh, that must be a bad guy or puppet or something like this. Not at all. I think the moment he understood what was actually happening and what the central banking system is doing, which is redistributing wealth from the poor to the middle class to the rich, eliminating the middle class, making the rich richer and making the poor more poor.
17:08 Once he understood that he actually dropped out and he became a professor for the university and he taught us that Keynesian economics is having so many flaws that we cannot just keep printing money, that it’s devaluing the system and basically robbing people of their purchasing power. So I understood all of that already before I ever found Bitcoin. And then I thought, okay, what should I do? I made research. I was like, okay, I can buy stocks. I mean, stocks go up because the US dollar gets printed, right? US dollar index goes down, stocks go up. That might be good to maybe preserve the purchasing power. And I thought, okay, ethically maybe gold and silver is a good solution also, right? It’s limited in supply. It’s hard money. And it’s there for ages already. And yeah, it will also go up if the US dollar goes down purchasing power-wise. So I thought, okay, gold and silver might be it. I also had some stocks, but gold and silver I thought that might be it.
18:07 But when I found Bitcoin, I was like, I’m not a programmer, right? But I went into it. I watched Andreas Antonopoulos, a quite good YouTuber, a very legitimate guy, who taught also from the technical perspective of what Bitcoin actually is, how you cannot expand the supply. And wow, when I understood that, I was like, okay, Bitcoin is like gold, just way earlier, way lower valuation up until today, actually 80%, 90%, 85% lower valuation than gold. But on top of that, it’s much more valuable, right? You cannot print any Bitcoin, just like you cannot just produce gold, right? You have to find it. But Bitcoin, on top of that, it’s more portable, it’s more divisible. And it is more scarce because there is more gold in space on other planets, uncertain amount of gold in Earth still yet to be mined. Whereas for Bitcoin, it’s completely certain, almost everything is mined already. And the most important part, and I’m pretty sure you will agree with that, is the not confiscatability. Because at one point of time, in many jurisdictions in the world, that is going to be a huge factor. Okay, buy yourself some gold, but they can come, they can confiscate it. If you have Bitcoin, put it on a 12-word C phrase, remember it, you can write it down. But if you can really remember it, no one can confiscate what’s inside of your brain. And I think this blew my mind when I found out what Bitcoin is really about. I was like, okay, man, 100% all in, that’s it,
19:47 That’s going to change the world. And as I said, now it’s much more obvious than eight years ago that it will.
19:58 Brian Rose: So you studied with that professor from 13 to 17?
20:02 Chris Jusinski: Yeah, 2013 to 2000.
20:04 Brian Rose: You were just doing like night school or just still as a student, you were still learning?
20:13 Chris Jusinski: Yeah, I was, he did macroeconomics and monetary policy and these kind of topics within my economic studies.
20:23 Brian Rose: Wow. And if it wasn’t for him, do you think you would have gone all in on Bitcoin when you saw it?
20:33 Chris Jusinski: I think still, but it would have taken me a little bit, I want to give him credits for sure, but it would have taken me maybe a little bit more effort, a little bit more time to understand because I was starting with economics for the reason that I was hungry to understand the system, hungry to understand how do economies work in between each other, how to understand why interest is going up, why purchasing power is going down and these kind of things.
21:16 London Real promo: How do you get out of a rat race? How do you create wealth not only for yourself, but also for the generations to come after?
21:28 Chris Jusinski: I had this inherent will to understand these things anyways. So he just gave some critical spice into my studies which was really beautiful. But I was on top of that watching YouTube videos day and night about that topic regardless. And that’s why it definitely helped. But it was one explain effect out of many of those I mentioned.
21:57 Brian Rose: It was almost like he pulled you out so you could see the matrix and you could clearly see the problem. And then as soon as you saw the solution, you’ve been staring at that problem for so long that it was just so obvious to you. Whereas most people it wouldn’t have been very obvious. And no one was really talking about that stuff back then.
22:26 It wasn’t on YouTube. A lot of people don’t remember. Don’t forget now. Everything’s on YouTube. Points of view, opinions, podcasts. But back in 13, 14, 15, 16, you wouldn’t have been able to find a former central banker telling you what’s wrong with the system. Very difficult to find. Very difficult. You were very lucky for that to happen.
22:44 And then you’d be poised. I had Andres Antonopoulos on London Real. Oh, really? Yeah. In 2015, 2017, and in 2019, he came on my show. And back then he was talking about the Internet of money, the future of money. Stablecoins didn’t exist yet. And he’s such a heavy, deep guy. And we had this same format with close-up shots. And there’s no videos quite like it because most of the videos with him were at these old conferences where there was a camera in the back.
23:11 And for a while, Rogan took his YouTube channel down and those were some of the interviews he did with Andreas. So for a while, ours were some of the best videos of Andreas going deep. And when I interviewed Michael Saylor, I know you have as well. I know you’re at his party. I want to ask you about it. He told me after the interview, he said, Brian, I watched your Andreas Antonopoulos interviews when I went down the rabbit hole in 2020 on Bitcoin. So yeah, it’s crazy.
23:34 Chris Jusinski: I still have to watch it. I didn’t know.
23:36 Brian Rose: I’ll send him to you. Yeah. Yeah. Well, there’s certain tech companies that try to keep my content away from people.
23:42 Chris Jusinski: Everyone watching like this is one guy, Andreas Antonopoulos, I always recommend to everyone. He has no hidden interests. No, he’s just a good guy and he pushes very good content about Bitcoin and Bitcoin only. I definitely want to recommend for everyone.
23:54 Brian Rose: He’s amazing. You know, in our second episode, I kind of went deep with him afterwards. And for the first time ever, we talked personal with him. You know, what’s it like to travel the world? You know, pretty much as a nomad when very few people were doing that and basically give your life to Bitcoin. And he was a bit like you. He wasn’t doing business. He wasn’t working with companies. He wasn’t endorsing anything. He was purely trying to proselytize this network. And he got kind of introspective and talked about how sometimes it was hard and stuff. And afterwards he got really worried that he shared too much. And he said, Brian, once the interview dropped, I got so many personal messages and he’s like, I’m so glad that I opened up about who I am. And he’s think he started doing more of that in the future. Yeah, it was kind of cool. Kind of cool to see him do that. Michael Saylor, went to MIT and he graduated about three years before I did.
24:46 And at MIT, they require microeconomics and macroeconomics. Okay. Now he got a degree, I think in aeronautical engineering. I got a degree in mechanical engineering and we learned physics. We’ve learned thermodynamics. But when we’re being taught this, he’s in economics deep down inside all the scientists were looking at these graphs thinking this isn’t science, you know, and we always kind of questioned it because it’s like, oh, this is what happened in 1980. And you’re like, yeah, but the same thing happened in 1930.
25:12 And they’re like, oh, yeah, but at that time there was something else going on. And so I talked to him about the fact that we were always a little suspicious of those models because in thermodynamics, if you run an experiment here or on Mars or on the moon, all the gases, they behave the same, you know, in physics it behaves the same. And yet in economics, it doesn’t. And so I think we were always somewhat suspicious of some of these theories. And I think that’s why when you put a scientist on this, they can somehow see things. And I think that’s why maybe Michael went deep and really tried to figure out what was going on. He did an interview recently and said, you know what? If I was just going to do one thing in my life, I would understand money first.
25:54 And he said, I wish I had done that because everything else I did is secondary because if you don’t understand how the money works, you can spend your whole life in the pursuit of something that might not even make a difference. And he was talking about maybe doing business in a dollar based world or trying to save your money. Like you said, if you’re in a low or middle income family and realizing that’s futile with all these other forces and things. I know you interviewed Michael on your channel probably a couple of times back in the day.
26:24 Chris Jusinski: Four times or so.
26:25 Brian Rose: And you were invited to his Bitcoin New Year’s Eve party in Miami. What was that like? What’s it been like to watch someone like Michael come in this space in 2020 and go all in and really give it a lot of eyeballs and a lot of new intellectual property. He calls it energy.
26:42 Chris Jusinski: You know, digital energy is what he calls it. That’s what it is. That’s what money is. Money is just energy, right? It’s a store of value, medium of exchange.
26:51 And you store monetary energy and money, whether it’s gold or Bitcoin. But yeah, this this New Year’s Eve party was amazing. I mean, I was surprised. I came with no expectations. I like to do that because then you can’t get to.
27:05 But even if I went with high expectations, I think they would have been surpassed. They had Tomahawks. They had like all different kinds of meats. Wow, amazing. And I’m a carnivore.
27:16 So I basically meat only. Right. So I was so happy over there. They had so much space, many, many cool people. No one trying to pitch me anything, which is very rare because usually I get pitched all the time from like any projects or whatever.
27:31 They are very legitimate, nice people, smart people. I think really hand selected by himself. And yeah, where some people have maybe a car in front of their house. He had a super yacht, right? Just like docking on there where you can decide, OK, I want to hang out in the house, on the pool, on the dance floor, in the huge massive garden or on the super yacht.
27:55 And I was just a very beautiful party, very nice, organized, legitimate, good vibes, good talks. I definitely do not regret going there. It was a great experience.
28:04 Brian Rose: How important has it been for the space to have Michael come in and as a public company start amassing Bitcoin on the balance sheet and then take it to the next level and the next level and the next level and to start really talk deeply about it and just keeps he keeps going more all in and more all in.
28:22 Brian Rose: And now he he’s doing something that’s really like he calls it he calls it Bitcoin refining is the way he looks at it like a financial engineering tool where he can issue convertible bonds and issue equity and buy Bitcoin with it. It’s this it’s this crazy ecosystem. How important is that?
28:40 Chris Jusinski: He’s turning it around, man. I mean, Mike Isela is basically taking the flaws of the financial system, taking them for his own purpose and leveraging that to actually increase his Bitcoin exposure, which now listening to that, it maybe sounds like, oh, that’s not so nice.
28:57 No, I think he is definitely a false for good. What he’s doing is a great thing. Not only that he promotes Bitcoin to people, he is very articulate. The way he talks about Bitcoin is beautiful. I think he got many, many people from retail into Bitcoin.
29:12 And that is basically that is basically saving them from being a victim of the traditional financial system, which is a beautiful thing in itself. But then on the other hand, he’s also getting companies and right, which a real Bitcoin. I don’t know, like, O.G. would say, this is not what we want. We do not want any black rocks in Bitcoin.
29:37 We do not want any big corporations in Bitcoin. We don’t need them. Yeah, that’s true. We don’t need them. But it is going to happen regardless, right?
29:45 And if it is happening regardless, well, why not help those who believe in it early to get exposed to it early at the same time while we are getting retail in? I mean, if you understand what Bitcoin is and you hold Bitcoin, you already understood it. You’re already accumulating Bitcoin. Then other corporations getting in and putting Bitcoin into the balance sheet is a very good thing. It’s pumping your bags, right?
30:11 And it’s making the supply, which is available on the market more scarce, it increased the valuation and eventually it just speeds up the process to get us where we have to be with Bitcoin. And I think overall, that’s a very, very good thing.
30:29 Brian Rose: And it’s holding now around about 50 billion US dollars worth of Bitcoin, or 45 billion at the time of recording. And I don’t think he’s going to stop anytime soon. He has figured out an exceptionally smart concept to accumulate Bitcoin.
30:46 Chris Jusinski: And yeah, I think the moment more people in a similar position like him are going to realize it. We are going to see a super cycle and a drastic shortening of the available supply, which is on the market. And Bitcoin is probably going to this is no financial advice. It’s just a speculative prediction. Blow up much more than everyone expects and transform into something like a super cycle.
31:15 And for everyone who thinks now, oh, I’m going to sell Bitcoin in my code on 20 percent, you might be standing on the sidelines. I don’t think it’s smart to ever sell Bitcoin. I’m accumulating as many Bitcoin as possible. This is my my financially, my only goal. And I’m I’m not going to be standing on the sidelines when the super cycle happens.
31:36 Brian Rose: So when you see BlackRock get into it and the Bitcoin ETFs and publicly traded companies buy it and even the U.S. talking about a strategic one million Bitcoin reserve, which you know is going to be followed by the same thing from China, the same thing from Russia, the same thing from probably the G 50 countries. For you, it just seems to me that the more you get into it, it just gets us there faster. The more the merrier increases the network effect. Plus, it’s a free country and it’s a free network.
32:03 So you can’t stop them anyways. You embrace that, basically. I think Michael’s the same way. You embrace those people coming in.
32:11 Chris Jusinski: Absolutely.
32:12 I embrace everyone coming in because I’m for freedom. I’m for the free market. Right. Why would I say BlackRock shouldn’t be allowed to buy Bitcoin? Then I’m a communist.
32:22 I’m I’m I’m like I’m I’m actually criticizing for my whole life. No, everyone can get in, whether I’m a fan of them or not. And I think Bitcoin as it is designed, it’s free for everyone. It is designed to get bigger. It’s designed to get more valuable.
32:38 It’s like a Kraken. That’s why 2013 or something, an exchange Kraken.com was formed, right, which is still there, never got hacked. I think they named it like this because they understood Bitcoin is like a Kraken. I think Bitcoin is like a Kraken, which is growing a Kraken, which is taking over the world, you know, like a squid, like a Kraken, like taking over the world, basically hugging the wolf, soaking it up. And that’s how I see Bitcoin.
33:05 It’s inevitable. It will happen anyways. No one can do anything against it because of the way it is set up, permissionless, borderless, decentralized, censorship resistant, like all of these things set Bitcoin up for the inevitable outcome for it taking over the world. And if people, if there are some forces making this happen faster, I’m fine with microsailor. Without microsailor, it would still happen.
33:35 It might take a year longer or five, but it will still happen. If it happens faster, cool, amazing. Well, then we get some solution for the world a little bit faster because if we look at what’s happening in the world, in different economies, we already see everything is crumbling down. It happened quite some time ago with Zimbabwe and some other third world countries where we see their currencies collapsing, basically going into hyperinflation. We saw that from the poorest countries, and then it’s trickling up to second world countries.
34:09 We have Argentina, we have Venezuela, and so on. We even saw the euro shaking a little bit. I think we are getting there. The euro, great British pound and the last man standing is the US dollar, but it’s going to be falling also. And yeah, latest at that point of time, I think everyone will be exposed to Bitcoin.
34:31 Brian Rose: And so nowadays, your ultimate goal is acquiring more Bitcoin. And you don’t…
34:35 Chris Jusinski: Financially, yeah. Financially, yeah, financially.
34:37 Brian Rose: I’ll get into this stuff after, but you don’t have any other business aims, and that’s why I also find unique about you.
34:43 You don’t have a funds, you’re not investing, you said, right before we started taping, I don’t want anything from anybody. I don’t need anything from anybody, which is a beautiful place to be. But that makes you really unique. Why make that decision?
34:58 Chris Jusinski: I think this is just the focus I have, right?
35:01 Some other people, they have the same focus, but they think, oh, I could make more promoting this and that, or I could make more doing this and that sponsorship, not that sponsorships are bad, but I’m just having this one focus, and I don’t want more and more and more of everything and other things. No, I just want to focus on this one single purpose, because I know the outcome, and I think if I take some of that energy and I put it elsewhere, I will be less successful at this specific purpose. So that is my specific goal financially.
35:35 Then, of course, business-wise, my business is also all directed towards accumulating more Bitcoin, whether I’m buying altcoins, whether I’m making YouTube videos and working within exchange together, right, or anything, it is still financially directed towards that aim that I want to accumulate as many Bitcoin as possible. Ethically, it’s still going into the same direction, but I do want to provide as much valuable information, genuinely, as possible, to get as many people into Bitcoin as possible, and that will eventually also get Bitcoin more popular and speed up the process we just talked about before. So, yeah, I just want to reach as many people as possible and help Bitcoin to reach the mainstream from an ethical perspective, because it can free people financially, and then also from a financial perspective, because I want to accumulate Bitcoin for myself, my family, and the generations to come after, and of course, potentially some good charity, which I’m also engaged in a little bit, of course.
36:49 Brian Rose: Recently, you were named the number one trader on Bybit out of 50 million accounts, and I saw you put this massive ripple trade on. I was like 20 million or 50 million or something ridiculous. Maybe you could tell us about it. And I think you made a huge gain. You were number one, and I looked at it. I was like, oh, man, I didn’t know Chris was trading ripple. And I was like, wow, can you tell me about that and your interest in all coins? And I guess it’s ultimately building your Bitcoin position.
37:18 Chris Jusinski: That is it. That is exactly it. So for me, Bitcoin is the number one thing, obviously. You said I was named the number one trader, but actually, if you go to the leaderboard, it’s calculated by total profits. In that week, I was actually the most profitable trader in the month, in the whole month, I think the most profitable trader on all of Bibert, which is the second biggest exchange.
37:41 Brian Rose: How much do you have to make to be that trader?
37:44 Chris Jusinski: Well, in this month, I took profits total of like more than $10 million. And that was, it seems like that was already enough because this month was not a very profitable one for the traders. It was in December, and the price, we all know what happened in December. We went sideways downwards, and it was pretty difficult to make or realize that many profits. So I took these profits at 100, 300, $4,000 US dollars. I took some of my long term Bitcoin trade, which is open for two and a half years. Some of these profits almost two and a half years from the table. And that brought me into the rank number one, which was pretty crazy. But talking about XRP, everyone who’s watching saying, oh, this guy wants to be a Bitcoin OG and he’s talking about XRP, which is like the bankers coin, right? And don’t get me wrong, I say it every single time in my videos, or almost every single time in my videos. My single purpose of buying alt coins or trading alt coins is to maximize my Bitcoin exposure.
38:44 Looking back in history, let’s say the cycles are round about four years long, bull market, bear market. Most of the time, almost 90% of the time, Bitcoin is outperforming alt coins. So if you don’t want to do any work, the smartest thing is just buy Bitcoin and nothing else because there’s just a very short window of opportunity where you can buy alt coins and they will outperform Bitcoin, right? So I think this window of opportunity was November. I think the next window of opportunity is going to open up very soon. But that doesn’t mean I’m selling all my Bitcoin, buying XRP or any alt coins just to get more. That would be greed. I’m just taking a little bit off my Bitcoin holdings, speculative part, putting that into alt coins. So yeah, I bought XRP, I think $2 million US dollars I bought at 60 cents at the breakout. I posted it in the moment I did that on Twitter. We exploded to almost $3 and then the position went up to almost $10 million, from which I took half and the remaining part is still in that position. So yeah, I’m buying alt coins, but I do it for that one purpose and I’m very clear and open about that.
39:56 Brian Rose: Yeah, I think that’s super smart. It’s a shame that sometimes Bitcoin Maxis will not allow them to see the reality, which is, like you said, for a small sliver of time, it can be very profitable to own those alt coins. But the rest of the time, you’re right, it actually isn’t and you’re going to kid yourself if you think you can make money consistently those other three years, three and a quarter years. But there’s about three and a half of them. Yeah, but when it’s that alt coin season, you can’t get gains like it. You can make more future Bitcoin than you would in Bitcoin. So it’s just smart to do that.
40:28 Chris Jusinski: Smart depends on who you are, right? If you are retail, it can be still very unexperienced in the market.
40:34 It can be very dangerous. What if you pick the wrong time frame? What if you pick a rock pool or a scam? Then you might lose everything, right?
40:42 London Real promo: How do you get out of a rat race?
40:44 How do you create wealth not only for yourself, but also for the generations to come after?
41:34 Chris Jusinski: If you lose just 80% of your money in a position against Bitcoin you have to 5x your money to get back your, to get back the 20% back to 100%. So I think not losing money is much more important than making money. So for most people I still think the best approach is to just buy and hold Bitcoin.
42:02 Don’t trade, don’t buy altcoins, no nothing. But for those people who feel confident, or who confident for the right reasons because they can feel confident, or for people who are experienced or maybe have some access to some good information I think it can be good to buy altcoins for a very short time for the single purpose to maximize the Bitcoin holdings. And that’s what I’m doing. So even in November when there was a big altcoin run, I just went from my Bitcoin exposure which was almost 90% of my portfolio down to maybe 75. So you see I was still holding most of my portfolio in Bitcoin. But I did increase my risk.
42:48 Brian Rose: You actually also shared your trading strategy as well, which was interesting because I think a lot of people were watching based on the Bybit performance. And I was shocked by how simple it was. Could you talk about this? And this is probably where everybody wants to listen carefully. What is MM Crypto’s trading strategy that’s made you so successful over the years?
43:08 Chris Jusinski: Yeah, I mean sometimes I do short term trades, but on short time trades I sometimes win, I sometimes lose.
43:14 Maybe in a bull market I win a little bit more often than I lose, of course. But honestly speaking if I would be a short term trader in a bear market I would lose money just as everyone else watching. I think the best trades I did are very few. And I started in the last bull market already with that and I did it again this bull market and I actually announced that beforehand. When we are in a bear market, at one point it’s clear that’s not a correction in a bull market, at one point it’s clear that’s a bear market. So I think when we went from 69,000 down below 30,000, it was undeniable.
43:52 Come on guys, we went down 67,000. This is a bear market, right? And you might say okay, but now Bitcoin already went down 60-70%. How can that insight be of any value for me? Well if you understand, okay, this is a bear market and we went down 70%, historically Bitcoin goes down in a bear market 80-90, 92% or something maximum, sometimes 75-80%. Depends on the bear market, the more Bitcoin, the bigger Bitcoin gets, the less volatile it becomes of course. But if you realize that 60-70%, that’s a bear market, then you know, okay, maybe anytime soon the bear market is over. So I always know when we go down 60-70% that the bear market is over soon. So what I did, and I said that before, I opened a long position on Bitcoin at whatever 70% down, Bitcoin is at 25,000 US dollars. For example, the numbers were similar to those I’m mentioning now, but not exactly.
44:50 I opened a 10x long position on 25,000 US dollars with a few hundred thousand dollars, right? And of course, if you want to do that yourself in the next bear market, the numbers might be smaller or bigger, who cares? But that’s the example now. You open that position, that long position 10x leverage on 25,000 US dollars. If the price goes down 10%, you get liquidated.
45:12 You lose everything. And I knew that. I knew if I open at 25,000 at 10x leverage, 10% lower, 22,500, I will be liquidated. And I got liquidated. Right? So I opened the next position around like 22,000 or whatever. And I got liquidated again. Right? The second time I knew, if I always keep opening positions, I can get liquidated what?
45:36 Five times? Maybe? Five times? And if I get liquidated five times, then Bitcoin will be at like 10,000 US dollars. Even if I get liquidated 10 times, will Bitcoin go down to 5,000 US dollars?
45:50 Very unlikely. But no matter what, I can get liquidated 5 to 10 times worst case. So I got liquidated two times. The third time I opened was at 17,500 US dollars or something. And that happened to be close enough to the bottom not to get liquidated.
46:08 We went higher and every single time Bitcoin broke resistance levels, structural resistance, or like big monthly or weekly patterns. I actually doubled down, increased my position more and more until that point that eventually it was like a position almost 20 million US dollars in size, which then accumulated profits of way more than 20 million US dollars until now. Which hopefully, of course, it will increase if Bitcoin goes higher. But I took already out a multiple fold of the money I got liquidated on, the money I put in, and all the opportunity gains I missed out on by not putting it into Bitcoin physically.
46:50 Also, another thing is I am trading Bitcoin not on futures, but on inverse perpetual. So there’s no expiry date. I can keep it open as long as I want. And it’s Bitcoin settled so I take these profits, and these profits which I take, I take into Bitcoin. It’s just investment ethically what I want to do because I’m not exiting US dollars to accumulate more US dollars even though I’m mentioning US dollar numbers to make it more approachable for people.
47:20 I’m not exiting US dollars to accumulate more of the BS I’m exiting in the first place. I want to get more Bitcoin. So it’s a Bitcoin settled future. I take profits, I take those profits in Bitcoin. Bitcoin goes higher, amazing.
47:34 Those profits I took in Bitcoin they go higher with it, just not leveraged anymore. If it goes lower, no problem. I stay at the same amount of Bitcoin of those profits which I already took.
47:45 Brian Rose: Okay, and that’s physical Bitcoin you own on a wallet somewhere. And then you’ve got your leverage position on the exchange that you just add to as it goes up.
47:54 Chris Jusinski: Yeah, not anymore, but that’s what I did. So my average price went from $17,500 or so, which was my entry price, all the way up to $45,000 or so which is now also my liquidation price. So if Bitcoin goes down to $45,000 now, then I would only have those profits which I already took on that trade but then the trade would get liquidated.
48:19 Brian Rose: It seems like a really sound strategy.
48:22 Chris Jusinski: Yeah, and it’s so easy. You don’t need to be not that anyone should do that now, especially if you need the money maybe in 6 months or 12 months and there is a risk to it still but trading wise, I figured out that is the least risky strategy with the best risk return profile where you don’t need any skills or something.
48:46 You just, okay, we went down 60-70% I can stomach 10 liquidations boom, let me start.
48:52 Brian Rose: Do you think anybody took your advice and did the same thing?
48:56 Chris Jusinski: Some people did, yeah. I see that in the comments some people did. Maybe no one went as crazy as me, but yeah, some people actually took their advice and told me also, hey, I’m in it since 18,000, 17,000 and so on.
49:10 Brian Rose: Beautiful to see. I love this strategy. I’m going to use it in the next bear market. It’s really good, also gives you something to do in the bear market because as opposed to just bite your nails and get all bummed out, when you finally see it’s there and you’re like, okay, this is the bear market, then you can start picking your entry. I like it, man. I saw it and I was like, okay, that’s nice.
49:28 Chris Jusinski: But it’s just a side hustle. My main focus is on just holding Bitcoin cold storage, boom, that’s it. But it’s a lot of fun and it adds a little bit spice to the bear market which is freaking boring, man.
49:40 Brian Rose: You said cold storage. It’s important for you to keep that crypto off an exchange, off of a hot wallet, just somewhere as safe as it can be. What do you usually tell your followers as far as keeping crypto safe because it’s not obvious how to do that.
49:54 Chris Jusinski: Yeah, I mean, in general, for most people cold storage is a great thing. Don’t tell people where it is. Have it distributed, have the private key maybe split up here and there and there. These things are good for some people though. If you have ADHD or whatever, the tendency to lose things and your portfolio is $500, maybe it’s safer on Binance than on a cold storage. Maybe it doesn’t make sense for a $500 holding to buy a $100 cold storage device. So it really depends. But in general, I would say cold storage being the owner of your private keys, so the actual owner of that crypto is the best. Whereas on an exchange, the exchange holds the private key and technically, not legally, but technically, they own your money.
50:46 We saw 2013 with Mt. Gox, this exchange which went down, what can happen? We saw it with FDX. What can happen if an exchange goes down? Your money is gone.
50:58 Brian Rose: I think some FDX people might get back some money now, but still. What about personal safety? I think in Toronto we saw the CEO of a big crypto company just get nabbed for 24 hours and the crypto company said they had to pay a ransom. Or in certain places we hear people go missing. Even where I’m from in London, people knock on your door pretending to be police, these kinds of things. And it’s not just for people like you, but these days there’s a lot of people with crypto out there on their wallets and unlike money in the bank or a property, it can be liquidated very quickly. Just curious, does that make your life challenging?
51:34 And how should people think about that?
51:37 Chris Jusinski: Yeah, there’s always philosophically you have safety and freedom and they are somehow a little bit in competition to each other, right? The more safety you have, maybe a little bit less freedom, the more freedom you have, the less safety. But this is an important topic for everyone. I think don’t be too flashy, maybe don’t go into, don’t be flashy and at the same time go to places like Mexico or something.
52:04 There are of course a few things which common sense should tell you that will increase your risk. And yeah, overall I think for everyone who reaches a very high level of financial freedom, you can up your security and you can consider places like Dubai which are completely mind blowing in terms of safety or Singapore completely mind blowing, absolutely insane. What degree of safety you feel here because people can just you can walk around with a five million dollar watch in the worst area of Dubai and nothing can happen.
52:46 I could get the most expensive watch, put it on the arm of my girlfriend, let her walk in the worst area in the middle of the night and I could sleep well. I know it’s fine. That’s an amazing city in that standpoint.
52:59 Brian Rose: And try to do the same thing in London with a five hundred thousand dollar watch. Oh, in the best area it’s horribly dangerous.
53:06 Chris Jusinski: I mean, I love London and their people are amazing and I like the city and the food and everything but safety wise, I don’t think if I’m ever going to go to London.
53:16 Brian Rose: Probably any major city now, LA, New York, Paris, London, I mean these days you can expect probably something like that to happen.
53:24 Chris Jusinski: Yeah, and the reasons are of course moral and ethical degeneration but also just because people are doing worse and worse. And for the reason which we mentioned in the very beginning of that interview that we have a financial system which is robbing them of their purchasing power.
53:40 Chris Jusinski: And at one point people start to be criminal, right? But when that doesn’t help anymore they would literally get some people would be cannibals because they want to survive, right? So we just have such a high degree of suffering in the world that it forces crime to increase and that’s a very sad fact.
54:02 Brian Rose: Yeah, it’s a system of our own creation.
54:05 Chris Jusinski: Yes, yes it’s very, very unfortunate.
54:08 Brian Rose: I mean it will end. We have, if we just zoom out in the history of civilizations, we have these like curves, right? And eventually civilization collapses and builds it up from the ground again and I think we are in the inside of that collapse and it’s getting worse until it gets better. And look at the Roman Empire, it’s a perfect example. I mean they literally ran the world with some of the greatest technology and the greatest systems of organizing humans and they controlled most of the world and ended up evaluating their currency and it all crumbled at the end. You can look at pretty much every fiat currency system and find a story there. So do you think that the public will ever learn the fundamentals of crypto? Do you think the education will ever come to the masses?
54:56 To where they can finally figure this out? Do you think it’s just about fiat failing and do you think then Bitcoin and crypto will take over or is it still a question to you whether this will actually prevail in the end?
55:08 Chris Jusinski: Bitcoin will take over but not everyone has to understand the real reasons why Bitcoin is valuable for it to take over just like the internet took over without us knowing, oh that’s TCPIP or like these kind of things. I mean I’m not a technical guy. I don’t really know what’s going on inside here when I’m opening my Safari browser when I’m sending a message on WhatsApp. I’m still using it just like everyone else.
55:32 So I think it’s going to be like this for Bitcoin. There are going to be some of those early believers who understand the reason why Bitcoin is valuable but then there are going to be like laggards and late adopters who are just following it along the way because it’s part of the system.
55:51 Brian Rose: It’s going to be fascinating to watch it play out. Tell me about that necklace that you have. It’s gorgeous by the way. I want one.
56:00 Brian Rose: Who gave it to you and what does he mean to you?
56:04 Chris Jusinski: I actually made it. I custom made it myself with for me, for myself and also for DaVinci. I made two of them. I gave one to DaVinci.
56:14 I kept one for myself. I don’t walk around this in the streets or something. I’m really not flashy or not flashy anymore, I have to say. I don’t wear any brands. You can’t see any brands on me.
56:30 You can’t see this ever outside of a podcast or a conference. But of course I like to wear to represent Bitcoin to have it as some kind of sign. People see it. Oh, that’s the Bitcoin guy. But in general, there’s not much more to it.
56:49 Brian Rose: Why DaVinci?
56:50 Brian Rose: Why did you give it to him?
56:52 Chris Jusinski: I started with him. I mean, I started YouTube before I met him. But he’s like a big OG and I think 2018 we started collaborating and we really blew up together. He blew up actually before me.
57:06 I saw him blowing up. Wow, this guy went into Bitcoin so early. But he was horrible at marketing. But he understood Bitcoin earlier than anyone else 2011. So I thought I need to get his word out and market it properly.
57:22 So I was able to make him more famous on YouTube and he was able to his appearances on my YouTube channel to make me more famous on YouTube also. So we grew together and yeah, I give him credits. I attribute a lot of of course my beginning time success to him also jumping on my show. So I gave it to him as a symbol of friendship and appreciation.
57:45 Brian Rose: That’s amazing. Take me back to 17. What were some of those big moments, you know, 17, 18, 19, 20 for you when you started to realize okay, I’m actually getting somewhere because it’s one thing to have an inspirational economics teacher and then quit your job and go all in on Bitcoin. I’m sure there’s thousands of those people and they’re not sitting in this chair today.
58:10 How did you do it? And what were some of those big milestones as you remember them? And you also said I didn’t used to be flashy. So tell me about the old flashy Chris.
58:21 Chris Jusinski: I mean, yeah, of course, of course. Just today on Twitter I posted, I went back into my library on the phone to the month I discovered Bitcoin in March 2017.
58:32 And I saw one photo, two photos I saved. One photo was from Donald Trump, but the other photo was actually two hands breaking apart, breaking the chain. I can show you. And then maybe we can overlay it on this stream here where you can see the photos I saved. You see the date?
58:54 So the moment I found Bitcoin I knew this is this moment, right? And I saved that photo and I discovered that today again. So the moment I found it I already knew, not exactly to the smallest detail what will happen the next eight or ten years until today eight years almost. But I knew approximately where we are going to go. So it started there. I visualized it. I say if you can see it in your mind you will hold it in your hand, right? So I really really knew what I was discovering and how it will change my life in general.
59:34 So that was great. I thought, man, Bitcoin is amazing. I want to go all in. How can I leverage what I am, what I can do to the biggest degree to impact as many people as possible. So I knew it must be social media.
59:50 It’s scalable. I can get my voice out and then I thought, okay, what should it be? I thought YouTube is the biggest search engine after YouTube, right? Where you can push the most content. So I did YouTube. I did Bitcoin, YouTube, combined that and then I just started pushing content. It took me twelve months to ever make my first dollar from it.
1:00:12 But I started, right? And I did it every day. I stopped my studies. I stopped taxi driving. I saved some money from taxi driving. So I was able to get by for like approximately twelve months. And what a wonder I took twelve months to make my first money from YouTube and then also investing.
1:00:30 I immediately left the country and and became a resident of Dubai. And my content evolved, changed over time a little bit. I learned more along the way and then found DaVinci 2018. I went to my first World Economic Forum, which many people are not a big fan of and I’m not a big fan of the World Economic Forum itself, but I like to go for the site events to meet influential people and these kind of things. And yeah, did collaborations. Content grew as a content creator.
1:01:04 Grew with my influence. Never sold my Bitcoin. Always went all in. I I generated passive income streams. Got paid in Bitcoin. Kept these Bitcoin. Just as I said, everything I did was geared towards on the business side, maximizing the amount of attention I can get, and then financial side maxing out the amount of Bitcoin I can hold.
1:01:34 Brian Rose: There was no rule books on becoming an influencer. I don’t even know if that term was even used. A crypto influencer for sure. No. No.
1:01:42 Were you embarrassed to post videos at first? Did it make you uncomfortable? I mean, I have students. Extreme! People just think you’re a natural, right?
1:01:52 But you warned yourself to do that, right?
1:01:55 Chris Jusinski: Horrible. The first video was a five minute video. It took me two hours and 500 jump cuts or so. It was really, really bad.
1:02:02 And then it got better along the way. But yeah, that was I was so shy. And it was so weird to listen to my own voice. But I had to do it. I had to do it. That was my goal, right?
1:02:18 But it was really bad.
1:02:19 Brian Rose: This is great for anybody starting out there. Because they would have thought you were always a natural, always the coolest kid in school, always talking to everybody. But they should realize that for almost same with me. I mean, I was freaked out.
1:02:32 I would have to rehearse it like 20 times and then I was terrible. But we all started that way. And except we just kept going.
1:02:38 Chris Jusinski: My first video is still there.
1:02:39 Brian Rose: Yeah, I love that.
1:02:40 Chris Jusinski: It’s in German, but everyone can watch it.
1:02:42 Horrible.
1:02:42 Brian Rose: I always tell my students that the first video you make, it’s going to be like the baby pictures. If you ever look at your baby pictures and you look at the baby pictures and it’s like, oh, there’s this kind of little disgusting little thing with slime all over it. But your friends and family and your girlfriend will think, oh, it’s so cute. Yeah. And so whenever you’re creating competent for the first time, you think it looks terrible.
1:03:04 Brian Rose: Just remember in five years from now, when you look back on it, it’ll be really cute.
1:03:09 Chris Jusinski: Now I’m so proud to still have that video. I have never deleted it. I kept it there. You can just sort by upload date. And now I wouldn’t say it if I would be still so embarrassed. Right now, I’m proud of it. Yeah. This was my beginning times and I was an introvert. I was shy. I did it regardless and this video makes me very proud.
1:03:29 Brian Rose: Yeah, I feel the same way, man. It really shows me and everyone else like how far it came. And so many people will quit because it’s painful.
1:03:38 I mean, they say public speaking is one of the scariest things people do and this is a version of it. So it all comes down to conviction, right? You knew you had to do things that made you uncomfortable to get to where you wanted to go. It’s always like that. Try to grow your biceps without that.
1:03:54 Impossible. Yeah. Yeah. I want to talk about that too. Do you remember certain moments along the way where you’re like, okay, I left the country. That was a big one for you. I got to move to another country.
1:04:04 I got to collaborate with DaVinci. Do you remember moments where, you know, you made your first million dollars or you got to buy a crazy car you couldn’t have imagined owning or were there any things that were milestones for you or things you remember?
1:04:20 Chris Jusinski: Every single one of those you mentioned, yes, I remember every single one of them. Of course, the first collaboration with DaVinci was one of them. The video blew up.
1:04:30 He was very happy about it. I was very happy about it. It was for me crazy to see like all these views coming in. And that was really beautiful. Then my first million I remember I was renting a villa in Thailand. I was standing on the terrace and I prepared. I had a portfolio app and I put everything I own in it and I was like refreshing it. I was alone.
1:04:54 I wanted to be alone and just waited for this to hit a million and then at the moment it hit a million I closed my eyes and did this and I was like, okay, first stage completed. Let’s go. And I was really, really crazy.
1:05:12 Brian Rose: How did you feel?
1:05:13 Chris Jusinski: Well, it was great, right?
1:05:15 And especially during this time now money is for me just really a number. I’m very emotionally disconnected from it. And that’s good because sometimes I make a lot and sometimes I lose a lot. We don’t want to be emotional anymore at one point of time. But at this point of time it was emotional because it was a financial goal I had for a long time.
1:05:37 Even when I was like I have one memory I always wanted to be financially successful when I was like five or six. As a kid I sit there and I said I want five billion but that was mark not euros. And so I remember me saying that as a kid there was like a small glimpse in my memory where I remember something from like where I was five or six. I have many of those moments where I was playing and this and that. But this one moment I had and I said that I want five billion.
1:06:05 I don’t know why but maybe I saw it in TV or something like this. So my brother told me billionaire blah. But I said that and I remember this. So that was nice to have this first stage completed this first milestone towards becoming financially free which million dollars is of course not enough to settle right. But I knew that is the first moment and was really beautiful.
1:06:31 Then buying my first luxury car was of course also cool. This wears off very quickly. As I said I’m not flashy anymore. I mean now you see me wearing this. But meet me on the street. I’m bare feet or I have like shoes like this. Wooden shoes.
1:06:47 I work bare feet most of the time or like with like a fifty dollar shoes which I’m wearing for like three four years already. So I’m really not flashy anymore. But I was the moment you get really successful and you have an abundance of wealth. It is easy to lose a little bit of the grip. Start buying luxury things. And that was I think for a few weeks until I realized this is the pleasure you get from that goes away very quickly and I trained myself to lose that attribute and it took some time but I got out of that materialistic mindset very quickly.
1:07:25 Brian Rose: Really? Because that would take people years. Not decades.
1:07:29 Chris Jusinski: Less than a year. You just quickly had the feedback loop that this doesn’t make me feel very good for very long. I had a few very crazy months of partying and this and that. Yeah. Could say it is a mistake but it was probably necessary to learn what I learned and then I was like okay this is not how I want to continue. This is not how I see myself.
1:07:51 You suddenly see like advertisements from these like forex guys flashing their cars and you feel embarrassed. Do I want to be part of this kind of like thing? Online? No. I don’t want to be that.
1:08:03 And nothing against them but yeah that’s why I quickly changed that and then 2021 after that I also started some like in between that time even I started some charity work. Crypto for Schools with a friend of mine, Mo. And we actually used crypto to build schools. We supported two schools in Mexico, one in Kenya, in Thailand. Thailand the one is crazy with like more than 300 kids get food.
1:08:35 We paid for the teachers, for the computers and everything. I shared that on Twitter also. So yeah now we are at like six different schools.
1:08:42 Brian Rose: How does that feel? How does that feel to go show up at that school?
1:08:45 How does that feel to go show up at that school?
1:08:48 Chris Jusinski: Amazing. Amazing. There’s not many things which feel better. Definitely feels better than making 10 million on XRP. Definitely feels better than making 20 million on Bitcoin.
1:08:57 Brian Rose: Maybe it doesn’t feel better than getting your first child. That must be nicer.
1:09:03 Chris Jusinski: I’m still waiting for that to come into my life. But so far this is the most pleasant thing. I went to all of these schools with the exception of the African one myself. And Ibiza we also have.
1:09:17 But yeah if I just remember in Thailand and Copangan the school with more than 300 Myanmar kids they are fleeing from the civil war in their country. You go there and they come, they hug you, you give them food, they eat, they are happy, they play.
1:09:33 Brian Rose: Wow this is incredible man. This lets you sleep so well better than any games you can make in crypto for sure. It’s amazing.
1:09:41 Yeah. It’s amazing you found that early. You know a lot of people will do charity later in their life. Their 50s and their 60s.
1:09:49 Chris Jusinski: I have to step up that still. I’m proud of what I did. But percentage wise I think I can do more.
1:09:55 But I think in this cycle I am reaching to the end of my accumulation phase. I don’t want to accumulate for the rest of my life and at one point I think it will be time to increase also other activities whether it’s diversifying into another space or increasing charity activities and these kind of things.
1:10:19 Brian Rose: Well let’s talk about that. I mean what are your plans for the future? And a lot of people just want to keep acquiring more.
1:10:29 Brian Rose: More and more and more. That doesn’t seem like that’s on your agenda.
1:10:34 Chris Jusinski: Yeah. I mean I’m still from a mindset point of view I’m still like I think I want to be a winner so I don’t think I can ever stop. But I don’t want to come from a standpoint of greed. Just more and more and more. I just want to continue to be successful. Right?
1:10:51 Continue to grow, to better myself, whether it’s in reach, in impact and I think money is like a scorecard. It shows you how successful you are in this capitalistic world. In your specific field. Right? I want to do that in an ethical correct way.
1:11:11 But I don’t think I can ever really stop with that. I really want to push health and food content. I want to help people health-wise.
1:11:46 London Real promo: How do you get out of a rat race? How do you create wealth not only for yourself but also for the generations to come after?
1:12:19 Chris Jusinski: So I might deviate it a little bit into that space and there my currency will probably be more views than money because you cannot monetize that maybe as well as crypto. But you can still do amazing supplements or whatever. Let’s see whether you never know before where this journey goes. But that might be interesting. Then investment wise, I mean I’m all in Bitcoin and I will never sell Bitcoin but I will diversify out of crypto into other spaces for the sake of just yeah like broadening my horizon. And also because as bigger Bitcoin gets of course we have diminishing returns to scale and there is a limit to where Bitcoin can go purchasing power-wise.
1:13:07 And I want to diversify out into farmland, into equity, charity, sustainable charity, also economically sustainable charity where you don’t have to constantly pump in more. I want to find a way how you can have economically sustainable charity which carries itself. That would be amazing. So there’s so many things I will do and if God wishes I hope I can do a lot of things still for the remaining decades to come. I want to strengthen my faith.
1:13:39 This is a never ending story. I mean yes I believe in God and there is just I don’t think there is a limit in how connected you can be in that regard. So I want to strengthen that. I want to build a family. I want to help my family.
1:13:59 And yeah improve my health and improve the health of other people. And yeah I think that pretty much sums it up for the next 70 years hopefully.
1:14:09 Brian Rose: Tell me about the health journey because if anyone’s ever met you you’re always like completing a five day fast total carnivore getting nose on therapy on your blood going for some crazy run doing some crazy physical activity. You know I played football with you the other night. You’re in crazy shape, crazy competitive and really good.
1:14:33 And you got this like vibe about you. You’re all pumped up for two hours. Has that always been you? Has that been Chris? Or has this journey been magnified because of your journey with crypto or your success?
1:14:47 Chris Jusinski: Maybe with crypto or something but actually something I’ve never talked about this would be the first time is that I was starting to face some health issues a few years ago. I had antibiotic treatment which I can you can never blame anyone but yourself but some doctors prescribe me too many antibiotics and I also didn’t take them properly so that caused digestive issues digestive issues caused small intestine bacterial overgrowth fungal overgrowth and then I was susceptible to mold I got mold illness and it took some time to realize what was causing what and what do I actually have. So I started doing blood work. I started switching up my diet. Eventually now I reached the stage where I’m at a carnivore diet. I’m eating only meat and eggs and that decreased all the symptoms I had to almost zero or zero.
1:15:41 I literally sometimes it was that bad. I was in Thailand and I didn’t know I have a mold illness and Thailand is full of mold because of the humidity and stuff that my my ankles were hurting so much that I had to use something to hold myself after waking up because in the morning it was the worst to actually just walk stairs. So that’s when I started with ice baths I did the ice bath to be able to move from my house to the gym. In the gym I was working out with insane pain until the pain went away and I could get through the day just to wake up the next day with the same pain.
1:16:17 So it was quite horrible times. I never posted about that online because I don’t want to bother anyone with my problems but yeah, through three years I figured out more and more. My blood values got better and better. I got healthier. I forced myself to the gym every freaking day into the ice bath every day, into the sauna every day.
1:16:39 I didn’t eat the things I laughed anymore like cake and bread and all of these kind of things. And finally got to a point where I’m actually feeling healthier than before I ever got these health problems. And that is something I’m very proud of. It was really, really difficult and it is that difficult mentally and physically that I really don’t wish this to anyone, not even to my biggest enemies I would wish something like this. So I think it will be a nice goal to push content about that and help some people who are facing similar problems because many people do. 15% of humans in the world have a gene that they cannot detoxify mold properly. Many people who have anxiety or depression, sleeping problems, skin problems or anything they don’t even know it might be from mold. It might be from the bread they are eating, the processed food they are eating, the sugar they are eating.
1:17:43 There are so many things which people could easily change with some willpower and improve not only their life expectancy but also the life quality while living the life. My goal is to help those people.
1:17:58 Brian Rose: There is that old phrase that a rich man has many problems but a sick man has one problem.
1:18:04 Chris Jusinski: Yes. And that is all you are thinking about when you are sick.
1:18:09 It doesn’t matter your net worth or anything. All you can think about is I don’t want to be sick anymore. With mold it is really scary because you don’t even know the problem. It is like an unknown unknown. And you feel terrible.
1:18:21 You feel like somebody 40 years older and you are a young man and you can’t figure it out and everyone tells you you are crazy. Right? Yeah. That is true. Hard. It is freaking crazy.
1:18:31 It is literally a fungus infiltrating your body and I really don’t wish it to anyone. Even if I would think about the person I like the least on this world, I do not want this person to go through this. It is really, really bad.
1:18:44 Brian Rose: I had Dave Asprey on my show very early and he was the Bulletproof Executive of the Bulletproof Coffee and he made a movie called Moldy really early on back in like 13 or 14 and it was going and exploring all these issues. And like you said, these were people that were suffering from eczema and depression and anxiety and they would go into their house that looked clean and they would go down in the basement and just find mold.
1:19:07 They would find mold behind the wall in their bedroom and these people that you just thought were complaining all the time and blah, blah, blah but no, there were like real issues and now there is a little more mainstream knowledge about that
1:19:22 Chris Jusinski: but I wouldn’t say 100% getting more and more. I am just, this is also something I think which is topic which is growing more and more and I really hope I can, hopefully I can help with that in the future. Nutrition, lifestyle, sleep, family, faith, all of these things are important and some people are watching that if you are battling anxiety, depression or anything I don’t know what the root cause of that is but whatever it is, I think faith, family, diet, nutrition, sleep, these things, if you focus on them and optimize it, it will definitely help.
1:19:57 Brian Rose: Talk to me about your faith because I see lately a lot of your posts maybe in the last six months or a year, on a Sunday you’ll talk about church or your reference God. Not a lot of people that are big and big that are popular will go there because they think God might alienate people. One thing I find interesting about the Trump victory is that there’s a lot more people talking about faith and seem more comfortable talking about faith. But is that something that’s always been important to you?
1:20:22 Has that come in the last few years? And why do you talk about it?
1:20:26 Chris Jusinski: Yeah, I mean I started talking about it before that Trump thing happened also, the assassination attempt and these kind of things. I was faithful for my whole life but as I said, there’s a journey. There was ups and downs, sometimes where I was more connected, sometimes where I was less connected.
1:20:45 But overall I think I am working on getting more and more connected towards that. And at one point I just decided, well, it helped me so much, right? I want people to, even if some people drop off, don’t watch my content anymore, I can just hope for them they will come back. But for those I can help with it. I think that’s definitely worth the sacrifice.
1:21:09 And if I’m thinking back a few years ago when I was facing these health problems, like I was witnessing wonders myself just by praying and just by laying down, closing the eyes. I was without God, it would not be possible to beat that. And I think with God everything is possible. I want people to understand those people who don’t understand and hopefully see faith in the world increasing in the future because we see evil getting stronger and stronger. I think within the last one, two years, I see the good getting stronger again also.
1:21:49 So I’m very hopeful and I want to be one force supporting that counterpart to the evil.
1:21:54 Brian Rose: I appreciate you talking about it. And I know it’s not easy and I know you’re going to alienate people. And when I saw you doing it, I was like, I like that because it’s real.
1:22:03 Chris Jusinski: I’m going towards the end.
1:22:04 So if they drop off, it will not decrease the watch time so much. I like to talk about everything.
1:22:09 Brian Rose: It’s interesting because religion, when I grew up, as a kid, my mom had to drag me to church. And I think this is in the 70s and 80s. And I think people were starting to push back on religion and say, what’s it for?
1:22:21 And this doesn’t make sense. And this is a bunch of weird old stories in a book that didn’t happen. And that’s the way I kind of looked at religion. But as now I get older, Chris, I look at religion as technology, as intellectual property that humans built over thousands of thousands of years, maybe tens of thousands of years before that in maybe pagan rituals or things that they did. And they built it up into what I see as tech.
1:22:44 It’s like an IP layer that makes humans show up as better humans, protocols. And if you look at a lot of religions, there’s fasting. They would go from the pilgrimage. They would give to the poor. They would do all these things that, and maybe prayer is a form of meditation somehow or a form of gratitude.
1:23:05 They did all these things that made them better people. And it was in the guise of a religion, many different religions. And now when I look at it as that, I’m like, wow, well, the humans came up with this. It probably is because it works to a certain extent. And now I’m looking in my life where it makes more sense.
1:23:22 And I just find religious phrases and stories and making more sense to me. I’ve had Dr. Jordan Peterson on my show. And when he talks about the stories of the Bible, he’s like, this is technology. There’s a story that’s telling you something.
1:23:37 The reasons it’s in there is because it’s teaching you a lesson that will make you a better person. And so he’s like, you don’t have to take these stories literally. They’re not literal. You don’t have to believe that Jesus walked on water or he turned water into wine or you can. But the story there is somehow teaching you to be a better person.
1:23:53 And by being a better person, you’re going to live a better life.
1:23:57 Chris Jusinski: So I’m definitely paying more attention. There wouldn’t be any murder, any stealing, any lying in the world if everyone would follow the teachings of Jesus now, for example, right? So I definitely, I think you can’t find any bad in those teachings. And that alone now, if you’re watching this and you believe or not, that alone is already a nice thing to realize.
1:24:21 Brian Rose: It’s interesting. In America, they talk about the Constitution as being this great document and this concept of freedom of speech and democracy. But some of the people have come back and said, if you think about it, the Constitution of America is like a layer two, and it only functions if you have a layer one of morality and religion. Without that layer, it actually falls, it falls through. Yeah.
1:24:43 Because if everybody shows up and is just like, I don’t care, I have no morality, I’m, then that’s not going to work. And so it’s interesting for people to note out that it’s only functional when it’s built on some type of a standard moral code, which in America’s case was Christianity. So very interesting things and very interesting times right now, which is probably one of the last things I want to ask you about, which is we’ve got a brand new president in America, well, second time president, and we’ve got a very pro crypto administration.
1:25:11 And we have a pro freedom of speech administration and maybe a pro religion administration. What do you make of this with regards to how it’s going to affect the world, how it’s going to affect crypto, how it affects morality? What do you see there?
1:25:28 Chris Jusinski: Well, as I said, I think in the last one to years, I see the good increasing, right? And that gives me hope because if you asked me 2020, I was like, wow, it’s like, I see just black everywhere.
1:25:41 Not in terms of like, just like I see very negative things happening everywhere. Everything was downward spiraling. And now with like Elon taking over Twitter, that’s a good thing. We can finally express our opinion. And then Donald Trump winning.
1:26:01 And of course, both of them, Donald Trump and Elon Musk, they have their flaws. But I think overall, it is a very, very, it’s a change for the good rather than for the bad. And yeah, overall, I see many, many good things happening right now. And it really gives me hope for the future. But as I said before, we have the civilizations, the uprise and the downfall, at least from a financial system point of view, we are still in the downfall.
1:26:32 And I don’t expect the best to happen for that. But morally and ethically, I’m still having hopes that we can be on the uprise again.
1:26:41 Brian Rose: And what about how it relates to crypto? I mean, to see a former US president at the Bitcoin conference in Nashville last year saying the words, never sell your Bitcoin. And saying the words, I’m going to fire Gary Gensler twice.
1:26:57 And like, it was almost surreal to watch that happen. Not to mention the people he’s put in his administration, the things he’s talking about. Is that going to change this industry forever? Do you think it’s really going to be a push or is it remain to be seen?
1:27:13 Chris Jusinski: It’s going to be a push and it’s going to increase the process in terms of speed for Bitcoin to go where it is going anyways.
1:27:21 So just as I said before, Bitcoin has its clear destination. And this fact you mentioned, it’s rather positive for Bitcoin and it will get us there faster. That’s what I will say. Without Trump, and I’m happy he got elected, right? Because look at who else would have gotten elected.
1:27:42 Some people might disagree, but I’m definitely happy about that outcome.
1:27:48 Brian Rose: You dodged a serious blow there. Yeah, wow. That would have been serious.
1:27:53 Chris Jusinski: So yeah, but I think in the end of the day, it will just increase the speed of the process.
1:28:00 Brian Rose: Okay. It’s wild to me, Chris, to watch how the world has just pivoted on the back of that. And major corporations from Zuckerberg and Meta and all these others are just ditching these policies that I thought would never go away and completely going back the other way. And it just seems like the world just took a 90 degree turn left that I didn’t think it was even capable of turning.
1:28:22 Chris Jusinski: It’s interesting with Zuckerberg and everything.
1:28:25 I think they are playing just by the rules now, right? Switching their agenda a little bit. But whatever their intention is to save their own A or to do anything else, as long as this change is for the good, I’m fine with it. I’m happy. Okay, no fact checkers anymore on Instagram.
1:28:47 Beautiful. That’s what I wanted.
1:28:49 Brian Rose: I remember, man, I think your Instagram got f’d a few times.
1:28:53 Chris Jusinski: Mine also back in the days a little bit, I couldn’t talk really about what I wanted to talk about when I ever criticized a mask or some mandate. I suddenly got no views on my story.
1:29:04 It was freaking crazy, man. So these changes are all good for sure. And they will probably help prevent, hopefully, the downfall I was just talking about.
1:29:15 Brian Rose: Okay. I’d like to finish with a couple of final questions, and I’ll ask you one.
1:29:20 If you could pick up the phone and call up 20-year-olds, Chris, and give that young man some advice, what would you tell him? And would he listen to you?
1:29:33 Chris Jusinski: I mean, if he would believe that it’s the future self, he would definitely listen. I would probably say party less, do more sport, spend more time with family, these kind of things. But other than that, I have no regrets, right?
1:29:53 Regrets don’t bring you anywhere. I have learnings. So I’m looking back, I’m fine, and I’m happy that life turned out how it was.
1:30:02 Brian Rose: On that same note, what’s the best advice you’ve ever received? Maybe you think back, maybe I was that professor, maybe it was from Da Vinci, maybe it was from a parent.
1:30:13 I don’t know, mentor, but do you think of anybody that gave you that best advice, maybe something you read?
1:30:21 Chris Jusinski: I think among the best advices I got from my mom or from my dad, because they are all coming from a place of genuinity. And I’m very blessed with my parents. So I couldn’t pick out one single advice, but I think their advice, even though whenever they talk about business or something, maybe they might not be so correct, but the intention is great. But whenever they wanted to tell me something about my life, or about values and ethics, I think that was the most valuable ones ever.
1:30:55 I mean, they made me critical towards letting people get vaccines or the politics or in general just be a little bit more critical. And that was definitely something worth mentioning.
1:31:10 Brian Rose: They gave you your character. Yes. And that’s what this is, ultimately, right?
1:31:16 I mean, you’re an expression of that character. Just now you have more Bitcoin than you used to have, right? It’s you, Ronnie. Final question there is, advice to that 20-year-old that’s listening to us or watching us right now. Maybe they don’t own any Bitcoin.
1:31:30 They grew up in a world where everything is digitized and everything’s online. And maybe they want to grow up one day and be like you or grow up and be someone they’re proud of. What advice do you give them?
1:31:42 Chris Jusinski: Well, financially, some people might think, oh, I have to go into crypto, or I have to buy some altcoins or meme coins and make 100X. I think the best is if you are young, invest in yourself and your knowledge and your capabilities and your skills.
1:31:56 Find a way to develop a cash flow. For some people, that’s working in a job. For some people, it is just that. For some other people, it’s being an entrepreneur. If you see how can you impact a better people’s life, how can you add value, create a cash flow from that.
1:32:12 Cash flow first. It’s always cash flow first. And if cash flow is figured out, from there you go into the investment stage financially. I think that would be the advice. And then otherwise, ethically, I would say, always try to be genuine, not try to rip off anyone.
1:32:32 And yeah, I think this is the two core principles you can follow. And then whether it’s going to be crypto or fitness industry, or this or that, or you want to be a doctor, everyone has to figure that out themselves. Everyone has different talents. Not everyone can do a crypto channel. I couldn’t be a lawyer.
1:32:54 I can’t read well. I have to watch videos, right? So everyone is different.
1:33:00 Brian Rose: When you and I sit down here 50 years from now, and we talk about your life, what are we going to be talking about? What are the things that Chris has accomplished over that life?
1:33:13 What are people going to know you for? What are they going to write in your obituary?
1:33:18 Chris Jusinski: Yeah, we just talked about it before, right? I mentioned a few different things I want to be focusing on. Whether it’s faith or charity, right?
1:33:25 These things business-wise, of course, I want to continue growing, not only with crypto, but also I want to help people improve their health. I want to be a driving force with that. Most likely it is going to be by information, with information. And yeah, of course, I want to be a family man and have generations to carry on my bloodline. Yeah, be a great-grandpa or something.
1:33:55 Brian Rose: Yeah. Pretty cool, right? 25 kids and stuff at the Christmas dinner table and things like that. Yeah. Yeah, that’s a pretty cool future.
1:34:03 Chris, thanks so much for the time. I find this super insightful. I think this helps a lot of people just to see how you became who you are. And I really have enjoyed our friendship, and it means a lot to me, and I learn all sorts of stuff just watching you and being around you. So thanks so much for the time.
1:34:18 Chris Jusinski: Thank you, man. It’s an honor to be here. Dude, man, it was epic.
1:34:21 Brian Rose: Thanks. We’ll do another one in 50 years.
1:34:23 Chris Jusinski: Yes, sir. But yeah, thanks, man. Bye.
1:34:30 London Real promo: How do you get out of a rat race? How do you create wealth not only for yourself, but also for the generations to come after?