01 April 2025
Why Bitcoin Is the Final Trade You’ll Ever Need w/ Eric V Stacks | Your Bitcoin Story #101

Eric V. Stacks and GG discuss Bitcoin’s impact on finance, personal freedom, and economic fairness, exploring its adoption, political ties, spiritual dimensions, and its role in building generational wealth.
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🕐TIMESTAMP
00:00 Introduction to Bitcoin and Eric V. Stacks
01:33 Life Updates and Moving Decisions
06:39 Experiences in El Salvador and Bitcoin Adoption
10:08 Understanding Bitcoin's Value Proposition
15:19 The Role of Bitcoin in the Current Economic Landscape
18:06 Trump, SBR, and Bitcoin's Future
22:21 Bitcoin as a Store of Value and Economic Transition
32:39 The Future of Real Estate and Bitcoin's Impact
38:57 Bullish on the Future
39:33 Navigating Regulatory Challenges in Cannabis Business
41:26 The Friction of Traditional Capital Movement
42:49 Bitcoin vs. Commodities: A New Paradigm
44:12 Exposing Dishonesty in Financial Markets
46:04 The Rise of Honest Market Participants
48:23 Bitcoin as a Catalyst for Fairness
50:31 The Global Free Market and Economic Equality
52:51 The Spiritual Dimension of Bitcoin
56:04 Creating Your Own Reality
01:01:14 The Power of Mindset and Perspective
01:05:01 Simulation Theory and the Nature of Reality
01:10:08 Living with Purpose and Passion
01:13:00 Finding Joy Beyond Wealth
01:15:28 From Surviving to Thriving
01:21:15 The Power of Perspective
01:28:34 Healing Through Experience
01:34:35 The Future of Bitcoin and Generational Abundance
BLOCK HEIGHT: 890400
All right, Bitcoiners, welcome back to yet another episode of Your Bitcoin Story. I'm your host, Gigi, and today we're in for a real treat. Joining me is someone who needs no introduction in the Bitcoin space. He's a passionate Bitcoiner and educator and someone who's been driving impactful conversations about the future of money. That's right, Eric V. Stacks is back on the show. Eric was one of our most popular guests the last time he joined us. And today he's here to...
drop even more knowledge bombs. We'll be discussing different topics, seeing how he's been since we last spoke and talk all things Bitcoin. So Eric, welcome back to the Your Bitcoin Story podcast.
Eric V Stacks (00:44)
Yeah, man. Thank you for having me. And what an introduction, dude. I hope I can deliver after all of that, man. Wow. Yeah.
G G (00:51)
No pressure.
I'm sure it's going to be a great conversation too. Before we kick it off to those guys who are tuning in and new subscribers and listeners to the show, if you want to hear Eric's incredible Bitcoin story and how he all got started in the space, check out a few episodes back. I believe you were on last October, so some 20, 25 episodes back. Definitely go check out that episode, see how Eric got started.
But in this episode, it'll be kind of a continuation since six months past. Feels crazy. Feels like Eric was yesterday on the show and here we are in 2025. Eric, since the last time we recorded, how you been? What's new in life?
Eric V Stacks (01:33)
been really good, man. I have. We, did a lot of traveling last year. Went to a lot of conferences, went to El Salvador three times. we were down there for, I don't know, four and a half, five weeks, just about in October into November. We were considering moving there. We've then since then changed our, our plans. Yes.
G G (01:55)
I remember you mentioned that last time pre-Christmas
you were like, we'll spend some time there, see maybe we'll move with the family. But what's the verdict, Eric?
Eric V Stacks (02:04)
well, we've pivoted our, our plans. We're actually, I'm here in Miami currently. we're talking about moving to Miami. We've been, or Florida, we've, know, that we're, going back and forth between the West coast and the East coast. It's our first time here. but for many years I've been planning on moving out of Northern California. that plan got delayed a little bit by my last cannabis business endeavor. which was fruitful, worked out really well.
I definitely love El Salvador. There's something very alluring about the place and what's taking, what's happening there. However, what I kind of determined is, is, you know, there seems to be a first mover advantage for people who are interested in moving down there and purchasing real estate. In my position, personally, I'm not interested in selling any of my Bitcoin to purchase real estate. I think that there's a better strategy. I mean, that's different for everybody, but for me personally,
I'd rather hold the Bitcoin and rent. You there's more optionality in that less friction in moving that economic energy. If you sell a house, you pay 6 % commission or whatever. It takes a while to sell things. so, you know, for to obtain the highest level of security and optionality, in my opinion, for me personally, I like to rent a home, hold the Bitcoin strategy.
Yeah. And you know, El Salvador has its growing pains. You know, what's taking place there is absolutely amazing. I can't even imagine what it was like to live there five, 10 years ago. So it was quite, a profound experience. And I made a lot of friends there, you know, there's a romanticism amongst like the people who are there, you know, there's an incentive to get more people down there. And, you know, we kind of explored all of that, but I don't think it's us.
for us. It's hard to get stuff there. It's a developing country. You know, I've become accustomed to being able to just, I don't know, pull out my iPhone, get on Amazon, swipe and shows up 24, 48 hours later. That and then the food, you know, there's good food there, but I'm a pretty particular picky eater, you could say, after being a cannabis producer, agriculturalist, horticulturalist, whatever.
G G (04:12)
You
Mm-hmm.
Eric V Stacks (04:26)
farmer for the last 15, 17 years of my life. I've learned a lot about crop production, GMOs, pesticides, fungicides, et cetera. And so it was a little bit challenging for me to procure the quality of resources that I'm accustomed to. But I will say spending time there really kind of made me appreciate a lot of the perks that I experienced living in the States. know, a friend of mine who's down there currently, and has been there for a little while, Michael Ruiz, he just put a post up the other day.
He's like after living in El Salvador for the last year plus, he's from Miami. He's like, yeah, walking into a Whole Foods is an emotional experience. know, so there's like, it really made me appreciate the abundance that we have in the States. Also, when we were down there, Trump got elected. And so that whole notion of like, dang, do we need to hedge ourselves against like some future totalitarian?
G G (05:18)
Yeah.
Eric V Stacks (05:25)
leftist, globalist movement or whatever. That seems to have changed a little bit. I'm not entirely sure what's gonna happen, but it feels like we're moving in a much better direction in America and I would say globally, generally speaking. And so, yeah, know, and another thing I think about often, I wanna make sure that I'm not running from something and that I'm running towards something.
G G (05:50)
Hmm.
Eric V Stacks (05:52)
And so it kind of felt like for a moment there, you know, my wife and I were talking about moving to El Salvador and it felt like we were trying to escape something. And I think that kind of fell into the category of like, Hey, are we running from something here? It sounds, it feels like that's kind of the motivating or driving force behind that, that idea. But it's, it don't get me wrong. Like it's an amazing, beautiful country. The people are amazing. Um, had just a lot happening, you know, and I think what Bukele is doing is it's pretty incredible.
you know, he's kind of displayed an ability to take a place that was really struggling with corruption politically and on the streets, violence, and it's just a completely different thing there. So yeah, it was fun. It's been fun. It's been a good year.
G G (06:30)
crimes.
Amazing. Just to add another thing I find so inspiring with people that go to El Salvador, the fact that you can, not all places, but a lot of places, especially which parts of El Salvador, if you go to the more Bitcoin friendly parts, you can just walk out your phone and pay things in lightning. It must feel nice, You're kind of living in the future, yet you're in this kind of developing country, No Whole Foods, but Bitcoin's accepted in merchants.
Eric V Stacks (07:08)
Yeah, in El Zante they host a farmers market. I think it's every other week. And yeah, I got my strike app. I load dollars into my strike app and I can send the dollars via strike. They convert it immediately to Sats through the lightning channel and I can purchase things and it's instant. I have like kind of basic cell phone connection. There's no 5G, you know, it's like, but it's instant payments.
G G (07:14)
Mm-hmm.
Hmm.
Screw the 5G.
Eric V Stacks (07:36)
You know, I was in Madeira, I was trying to buy some carbonated water with my American Express card. it took like, I don't know, 10, 15 seconds to do that. And like, you know, I'm at a booth later on the same day, they accept Lightning and I'm buying coffee or whatever and the Lightning payment was instant. So it's pretty incredible what's taking place with the development of the L2s on the Bitcoin network for sure.
G G (07:57)
Hmm.
Eric V Stacks (08:04)
It definitely works. It makes you think like, why do we need all these shit coins? You know what I mean? Like, why can't you build all of this stuff on Bitcoin, right? I guess maybe it's hard to dump unregistered securities on retail if you're building an L2 on Bitcoin, but I don't know. I'm not very well versed in crypto and their whole value proposition, all these crazy coins that they have.
G G (08:31)
Well, I think I.
Eric V Stacks (08:32)
Bitcoin simple
to understand. That's why I'm a Bitcoiner.
G G (08:35)
True, very true, Erik. I think the whole crypto analogy, it's all about where can I get more gains? It's kind of this greed game and then kind of the Bitcoin ecosystem. It's not about greed, like how much is Bitcoin going to like X my wealth? It's more about unplugging from the system and truly becoming unruggable. You really hold your own hard money and it's kind of a different ideology, but I think it's kind of like a learning curve.
Most people, not everybody, but most people, get into the space, they kind of hear a Bitcoin, but then they hear all this shit coinery and the meme coins and everything. And it's like, wow, I can get so many gains in this whole ideology of Bitcoin's 80 or a hundred thousand dollars. And then this shit coin is like 0.222 cents. And then it's like, maybe like there's much more gains in that. So I think that's the one. But I think sooner or later, the longer you stay in the space and more you learn about it, you kind of filter out the noise and end up with Bitcoin.
At least that's how I like to think of it. then again, we're all different and you know, it's a free market, right? Like if you want a shitcoin, shitcoin all you want. All I know is I'm not holding any shitcoins.
Eric V Stacks (09:42)
Totally. Yeah, I like the saying and I forget who originally said this, but Bitcoin is the final trade. know, once you once you have Bitcoin and you understand Bitcoin, you realize like, hey, there's nothing better to sell the Bitcoin for. The only thing that I'm going to sell Bitcoin for something that directly enhances my quality of life. This is my life experience. Bitcoin, let's say we woke up tomorrow. It's ten million dollars a coin.
G G (09:50)
Mmm.
Eric V Stacks (10:08)
Like, am I going to unload my Bitcoin position so I could buy what Apple stock, 40 rental houses? Like, why do you want that? You know, and I do think that there's, it's like residual, it's like a residual thought process or strategy around like trying to figure out how to quote unquote, come up in the game, right? And in what I call the BB era for all of known history, you you didn't have an effective way to preserve your capital or project your economic
G G (10:29)
Hmm.
Eric V Stacks (10:37)
energy into the future or prevent yourself from, as you said, being rugged or debased. And so I think that a lot of people are just not privy to what's happening yet. And I think part of that also stems from a bit of like, seems like for all of known history that everything that was too good to be true or seemingly too good to be true was. And so this idea that Bitcoin is fixed and supply and it's going to change the world and all the ways that us
hard and Bitcoiners talk about, I think a lot of people fail to accept that. I think it's hardwired into our genetic code to be suspicious. And you have to do a lot of work. There's a lot of cognitive dissonance and shedding perspectives that are no longer applicable now that we have Bitcoin. And so, yeah, it's an entirely new system. I'm quite fascinated by Jeff Booth's work. It's been very impactful.
on me and many others. You know, I remember the first time I heard him, I think it was like the Booth series with Robert Breedlove. They did multiple, multiple episodes there. And he's like, hey, deflation is the natural state of a free market. I remember I was like, I was working and I was working with a plant. So was taking clones or leaf. I don't know what I was doing, but I have my headphones and I remember pulling my phone out of my pocket and being paused. Like, wait a second, what is he saying? Like it was like, I had to wire new neuro pathways to understand what he was talking about. And
Yeah, I I see that everywhere I go in the world now. It's like, you know, I look at all the real estate, I look at all the people, like I said, I'm currently in Miami, you got to it. It's just all this money and abundance and it's kind of fiat in its ways. But like, you know, people are driving around in nice cars, there's all this luxury real estate. And I think that most people are unaware that every single thing on planet Earth, other than Bitcoin, the supply will increase if the demand increases.
If the demand increases and there's not enough supply, then the margin will increase, your profit will increase. As the profit increases, the free market's bidding the price up, then entrepreneurs and capital will satiate that demand with supply, and then it's going to drop the value. So we're increasing the supply of everything that people hold to protect their monetary energy or for capital preservation. We're increasing the supply of all those things.
G G (12:34)
Yeah.
Eric V Stacks (13:01)
including Bitcoin currently because we're still mining more Bitcoin, but we're increasing the supply of Bitcoin less than we're increasing the supply of everything else. Treasury bills, commodities like gold, silver, whatever, real estate, equities. There's going to be another company that's going to offer some AI service that's going to issue stock that you can buy. I mean, that's dilutive of the current companies that are offering AI services that are issuing stocks. So everything is being diluted.
G G (13:11)
course.
Eric V Stacks (13:30)
And if you think about like, pricing things like you could you could price, I don't know, like laptops and bottles of water, like how many bottles of water does it take a lap to buy a laptop, right? And so if you look at the world through that lens, then then you want the thing that's the most scarce, especially if it's only a money like Bitcoin is has no other utility value outside of being a money.
And if we're increasing the supply of Bitcoin less than we're increasing the supply of everything else, or let's use an example like real estate, then Bitcoin's convertibility into real estate will increase over time because we're making less Bitcoin than we're making real estate. So yeah, it's like an optical illusion. know, people think that they're getting wealthier, but you know, in most cases, they're getting wealthier in dollar terms.
So you could ask yourself, is like my house going up in value or is the dollar that I'm measuring the value of the house going down in value? And so that's what's taking place. it's yeah, it's it's interesting to see, you know, and I think we're all getting kind of we're being affected by Bitcoin. Everyone's being affected by Bitcoin's existence, whether they know it or not. You know, I call it the great demonetization. All of this monetary energy locked up in all of these other.
G G (14:44)
show.
Eric V Stacks (14:50)
assets, you could say, is starting to move out of those assets and into Bitcoin. In addition to the debasement that's taking place, it's like Bitcoin is a escape valve or it's something that's capturing a lot of that debasement. So, yeah, it's quite wild. in a time, you know, like a paradigm. We're in the midst of a paradigm shift. And watching that and being privy to what's happening, at least that's what I believe, we can all be wrong, you know, you have to.
G G (15:13)
for sure.
Eric V Stacks (15:19)
maintain that level of humility and be ready to adopt a new belief set if the information changes. But currently it looks like a torque the matrix breaks, right? Yeah. Anyways, that's a mouthful, but yeah, it's exciting stuff. You know, I'm quite pumped, man.
G G (15:26)
or if the matrix breaks.
it is.
I see, no, I see the passion in those words and you know, just to follow through and add to what you said, know, kind of the people thinking they're getting richer because the real estate is going up in value, but at the same time, as you said, in Fiat terms and dollars, but at the same time that dollar is getting depreciated like crazy. So even though like your house may cost more millions, those millions are worth less and less every year. So it's kind of this illusion that everybody's in and then
You you brought up Jeff Booth, which I absolutely love and his book, anybody listening to this episode, definitely go check out The Price of Tomorrow. It's not a Bitcoin book. It's about like the true demonetization and how everything essentially should trend towards marginal cost of production, know, near zero. And as we advance in technology, in services and just as a human race, how we get better at things, it's pretty crazy that things keep getting more expensive where
Logically, they should be getting cheaper and cheaper. But now, thanks to Satoshi, if you are denominating things in Satoshi's, then things are actually like in the price of tomorrow, they are getting cheaper and cheaper and cheaper. So Bitcoin is a fascinating technology where it's not just numbers go up game. It's more about wealth preservation and actually having savings, which I think most people today, they have no saving, which is a
It's a scary place to be in because, you know, jobs are being lost left, right and center. And tomorrow, if you lose your job and you cannot pay off your crazy expenses, life gets very dark. But if you have this kind of buffer zone of Bitcoin and you just, you know, strategically DCA every month and keep on piling that up in the future, if you lose that job, you're kind of, or like in my case, if you get sick of the fiat job, you just say, you know what? Fuck it. I'm out of here. Like I'm going to go do what I want to do.
And that's what I love about Bitcoin. gives you the freedom to really live the life that you want and gives you this reassurance, which nothing else will. You mentioned the stocks or the ETFs and all of that bonanza. Like it's all speculative games and it's all IOUs just like the paper money. So Bitcoin truly, it does stand apart. Eric, I want to say, I want to a little bit now transition our conversation because since last time we spoke, Trump was running in the elections.
He won it and now he is back in the office with his sledgehammer doing a lot of reforms in the US. A lot of things are changing. And of course with the Doge coming in and kind of not trusting anything, but verifying everything and checking and doing the digging. But more importantly, this whole SBR talk, I don't want to go too deep on the SBR. I think it's something that was discussed a lot in the recent months.
But just I want to get your kind of top level, you know, sense of, do you think an SBR is good for us Bitcoiners or it's just kind of this shamble of they're trying to kind of win votes and it's like, how do I want to frame it?
like a contest of popularity, like they want to be liked by the Bitcoiners. What's your take on that, Erik?
Eric V Stacks (19:04)
Well, I do think Trump does a very good job pandering at the largest crowd possible. I think that as part of some of the rhetoric around crypto and the whole industry, I think that if he said like, hey, look, the regulation that we're going to put forth is going to put into effect framework that's going to make it so that you have a crypto security and you're going to have to register this as a crypto security. And I don't know the specifics about what he's doing.
but I think that there's a strategy there where he wants to speak to the widest audience. I'm very surprised, honestly, that the SBR has gone into effect so quickly. You know, when he talked at Nashville, I was actually there, I was in the room listening to him speak. I wasn't sure that he was actually gonna execute on that promise. And if he did, my assumption was that it was gonna take years.
Maybe it would be done at the end of his term on his way out or something. But I do think it's a good thing. And this might be a little bit controversial because there's a lot of people amongst the Bitcoin community that want to see, you know, the government go away and fiat collapse. And although I entirely agree and I am quite perturbed by the atrocities that have taken place historically through the centralization and the corruption of money and the violation of
G G (19:58)
Hmm.
Eric V Stacks (20:27)
property rights. I do think that it is important though to figure out if we can transition from this fiat standard and out of the old paradigm, the BB world, the before Bitcoin world into the new era in a peaceful and seamless way. And so in order to do so, in my humble opinion, I think that you need a Bitcoin strategy.
And you need it at every level from the individual all the way on up to the central bank. And I think that that's going to help stabilize an entirely insolvent and unstable system. And so I do think it's a positive thing. And I think it's a positive thing for everybody, including non-Bitcoiners. I know a lot of Bitcoiners are excited about the SBR. Some may have an issue with it because they're like, hey, you know what, screw the government. Others are like, yeah, you know, they're going to pump my bags and
You know, I think all that's true, but I do think what's going to take place and it's kind of in line with the theme currently with with Trump and Elon. They want to cut the irrational wasteful spending and Bitcoin really incentivizes, you know, fiscal prudence and responsibility. So it's kind of like in line with that mission. Yeah, so I do think it's a positive thing. I think that
G G (21:37)
Spending.
Eric V Stacks (21:52)
It's a signal to the rest of the world. Like it's a very validating moment. Like it's a catalyst for what I believe is going to be, you know, the tsunami of money that we knew was going to come into the Bitcoin network because Bitcoin is so much better than all of its competitors for capital preservation. As far as medium of exchange, like the dollar works fine for medium of exchange. I'm not a dollar maxi by any means. I would like to see us on a true Bitcoin standard without a dollar. But in order to get there,
I do think that you have to go through the process that we are currently seemingly going through. It needs to be adopted as a store of value. And the beautiful thing about Bitcoin is that it's better than gold. It's perfected all the properties of gold. And the difference is though is that gold, where you had an L2 system, a derivative system, certificates become dollars and then they detach from gold entirely, as we
I kind of visualize us like reattaching in the opposite way that we detached from gold. We're going to reattach to a Bitcoin standard. But the difference is on Bitcoin versus gold is the underlying asset is infinitely divisible and it's hyper mobile and portable. And so you can you could pay for things with Bitcoin in the digital world in a way you couldn't with gold. So I see what's taking place, at least it's seemingly so.
It looks like the stage is set so that, you know, you got the institutions, you know, you got the fab few rules that are changing corporate corporations should should be adopting this, you know, putting on their balance sheet, micro strategies leading the way. It's game theoretic. If other corporations don't do that, I mean, and I already think Michael Saylor may have hit the point where he couldn't be caught. Like you can't catch up with him. I think that micro strategy or now strategy will be the most valuable company in the world.
G G (23:43)
No way.
Eric V Stacks (23:47)
And that existential crisis that Michael Saylor had, every individual and institution on planet earth has a different version of that same problem where everything that you can hold to preserve your capital is bleeding energy. And so Bitcoin's better, obviously. And then what is it? Saab 121 has been, I think it's rescinded. Maybe that's not the right word, but.
You know, they've gotten rid of Sab 121, which essentially said that banks can't hold Bitcoin without having the cash equivalent on reserve. So that's a major deterrent and, you know, entirely prevented banks from wanting to mess around with digital assets, Bitcoin specifically. And that's now changed. So I think what we're going to see based upon the obvious
need within the existing financial system to continue to debase. The monetary units, the dollars, the euros, whatever, they're being lent into existence as debt against assets. And all of the assets that they're lending dollars into existence against, we're creating more of and at a faster and faster rate. Like this is just my words.
you know, like of what Jeff Booth's work is. He talks about this all the time. was just literally listening to him on Mark Moss earlier today. And so as we become more technologically advanced, and we clearly are, and the rate in which that is happening is increasing, then we're making more of everything at a faster rate. So that's real deflation. But
With the debt-based fiat system, that deflation that's taking place has to be met with more monetary inflation to keep the system solvent. And so I see that the system needs to continue to debase and at a faster and faster rate, and it needs another asset to debase against. And I think Bitcoin is the perfect asset for them to print into.
G G (25:46)
Mm.
Eric V Stacks (26:00)
So I think that what we're going to see is like you can do it with the lead in and unchanged. Like there's people who you get or entities that you can borrow against your Bitcoin from. But these entities are pooling capital from investors who are looking for a place to park their dollars but don't understand Bitcoin well enough to buy the underlying asset. So they're willing to loan at whatever it is 10 percent and then, you know, unchanged or whatever. Let's say they charge you 12 or 15 percent.
So I see what we're going to have is real banks who are able to create the currency. I believe that they're going to start lending dollars into existence as debt against Bitcoin. And what will happen, in my opinion, from my perspective there is that Bitcoin starts to hit the balance sheet as one of the assets that collateralizes the debt amongst the mortgage-backed securities and the equities and whatever else is collateralizing the debt. The difference, though, is that the Bitcoin's appreciating in dollar terms
faster than all those other assets. And so what will happen unless the institutions rebalance, sell down the Bitcoin and buy other assets, then Bitcoin will become a larger percentage of the assets that collateralize the overall global debt. Now, the thing that's so special about that is that the Bitcoin is increasing in supply at a slower rate than the mortgages and the equities and everything else.
G G (27:14)
Mm.
Eric V Stacks (27:24)
So theoretically, what I seem to not be able to see anything other than is that that means that the Bitcoin is going to slow the inflation down. So I feel like Bitcoin being an asset that starts to collateralize the fiat debt in a system that is entirely insolvent, theoretically, there should be less debasement moving forward required to keep the system solvent. I hope that makes sense. It's kind of hard to describe.
But I just kind of look at like the whole world. So you have assets that collateralize the debt nominal value, then you have the debt in nominal value. Let's use dollar terms, whatever that is. It's like $900 trillion worth of assets. And I don't know what the debt, let's just make up a number. Let's say it's $450 trillion worth of debt. As we increase the supply of the assets, we're actually pushing the value down in real terms, right? And so they have to debase to
G G (28:00)
Hmm.
Yeah.
Mm-hmm.
Eric V Stacks (28:23)
to quote unquote, prop the asset prices up. And so deflation is taking place, but just pre-Bitcoin, I don't know if very many people at all understood that things are actually getting cheaper. You just can't see it because you're measuring the value of those things in another moving metric that's actually just losing value faster. Right. And so the beautiful thing with Bitcoin is that it's like as the supply
G G (28:26)
Hmm.
in the wrong currency.
Eric V Stacks (28:50)
As the demand increases, the supply won't change. It's the elasticity of supply. You know, I think we might have spoken about this in our last conversation as a cannabis producer. I watched firsthand, you know, an enormous demand with a margin and not enough supply to satiate that demand was like a beacon of opportunity for entrepreneurs and capital to then come in and produce more cannabis and satiate that demand with supply. As that happens, the value of the product is dropping.
G G (28:55)
Yeah.
We did, yeah.
Eric V Stacks (29:19)
And so, you know, the natural forces, that natural state of a free market being deflation, it's quite literally incompatible. You can't have an inflationary debt-based monetary system work with that. It's completely like, it's almost in some sense like shredding reality. It's bifurcating our society. It's creating the have-not-have yachts world that we live in where people are getting sucked into poverty and the property owning class
is getting wealthier, but you're getting wealthier at the expense of the non-property owning class. So it's zero sum, which is a monumentally big problem. And it causes confusion. You know, it's like, who's this guy recently he's been going fucking viral? Gary economics. He's in London. I don't know if you've seen Gary economics, but he's like,
G G (29:55)
Hmm.
yeah, the English
guy that gets no point about Bitcoin. That's some trader that went retired.
Eric V Stacks (30:13)
Man, I was
watching a clip from him and I was like, my gosh, would a Bitcoin or debate this guy would love to debate this guy. You know, he's like, he's speaking to the problems in the world that are directly a result of property, property rights violation. When they're printing dollars, you own dollars, they're violating your property, right? They're diluting you. And so the problems that have come about as a result of that,
There's a lot of people who are like, look, what we need to do is tax the rich harder. That's actually more property rights violation. And so I feel like it's nonsensical, honestly. Yeah, and so it's this zero sum thing. And Bitcoin, what's so special about Bitcoin is that it's not zero sum. As the United States buys Bitcoin, it's benefiting people selling pupusas in El Salvador that have Bitcoin.
Right. And so, you know, it's better than real estate. The United States government buys Bitcoin. Michael Saylor's buying Bitcoin. You and I buy Bitcoin. Everybody's buying Bitcoin. And that helps everybody within the network. And it also helps everybody that's outside of the Bitcoin network who has no Bitcoin exposure because that capital is now moving into Bitcoin and instead of real estate and equities and real estate really is the specific one that I think is a real problem because housing is getting more expensive. You have people who own
G G (31:13)
Yeah.
Eric V Stacks (31:40)
a bunch of houses and other things that they can leverage. The system has to lend more dollars into existence. So they're lending it to the property owning class. They get to use that equity, which was just there as a result of the debasement of the currency. And then they get to go and buy more assets. It's that cancel on effect. so, you know, if I, let's say I decided someday that I wanted real estate in Miami. Well, the existence of Dubai is dilutive of the value of beachfront real estate in Miami.
And so, and if somebody buys a house in Dubai or a condo in Dubai, they're not helping the real estate value of somebody who owns beachfront property in Miami. So it's dilutive and it has a zero sum element. And so what's good for the individual in Bitcoin is also good for the collective. And like I said, know, people are buying Bitcoin instead of buying more real estate and that's actually making housing more affordable for the people who need it. And so it's quite a special thing.
G G (32:10)
Hmm.
Yeah.
Eric V Stacks (32:38)
getting to witness it is powerful. It's just like very often, I'm talking with my wife all the time, I'm just like, can you believe this is all happening? It is happening. Like Booth says, as long as Bitcoin stays decentralized and secure, all of these things are going to take place. So yeah, it's an exciting time to be alive.
G G (32:51)
I'm all right.
For sure.
I couldn't agree more. know, like the pessimists that say like, like it's a terrible time to be alive. And like my grandparents had it easy. No, Ladies and gents, I'm sorry to pop your bubble, but like it's in my eyes, the best time to ever be alive through the internet. Like the fact that we are doing this recording on the opposite side of the globe and we can transact instantly through a lightning or even on chain. mean, it's just fascinating.
these technologies, if you told someone like 30 years ago, they would tell you, know, this is some Star Trek shit. there's no way that this would be around the corner, but here we are. And imagine the next 10, 20, 30 years where we're going, what we're building. Wow. It's, it's definitely inspiring in the fact that we're not just witnessing it, but you know, doing our little deeds of, of helping push this new paradigm forward. It, it feels like we're, we're doing the right job.
To circle back to the real estate part, essentially I totally agree with everything you said, Eric. It doesn't make sense that housing today, especially for Gen Zs, which make up the most, the biggest population in the world are Gen Zs. And those guys are way priced out of the market in most places in the world. And it's crazy that housing, which should be, I don't wanna call it a right to everyone, but it should be something that should
be accessible to everyone because at the end of the day, you use a house to live in, to have a roof over your head. It's not a money making, you know, stock, right? Like it's something to actually be utilized. And the fact that we've lost that and it's switched to this whole investment scheme, whereas you said the guys at the top with the most money, they just get more mortgages and.
and essentially get loans at super low rates to buy more to kind of play this monopoly game of, got so much real estate and I rent it out and be a rent seeker. But at end of the day, you know, we need people to live in these houses. And I think the fact that before Bitcoin, actually, you had more or less two or three choices, right? It was either park your money in real estate. That's why we've seen that's what they, you know, boomers did. They bought everything they could and then carried on with that trait.
And then the second one was, you know, get some gold, keep it in that. But gold also as a store of value, yes, it's got its properties, it's got the historical track record, but at end of the day, nobody holds that gold at home. And if you want to sell that gold, it's a hell of a process. And it's not as easy as me on a Sunday, I want to sell 50,000 sats and I can just instantly go on the market and just liquidate it and get that money instantly into my account and have the liquidity.
There's no other asset that could be done with it. And the fact of Bitcoin, what I absolutely love about Bitcoin is the visibility part. Most people, know, the pre-coiners, as I call them, when I talk to them about Bitcoin and they say, well, Bitcoin is so expensive. And I tell them, guys, know, like you can buy a fraction of a Bitcoin. And it's crazy that we're in 2025, Eric, and everybody's heard of Bitcoin, but not many people know that each Bitcoin gets subdivided into a hundred million units known as Satoshis.
And that's kind of, to me, that's the biggest part. When I tell people there's a hundred million units in one Bitcoin, they're like, oh my God. So like, I can literally buy 50 bucks. I tell them you can buy like five bucks worth of it if you want. can buy 50 cents if you want. It's going to be like 50, a hundred cents, whatever it is. And that to me is super powerful because with real estate, if you want to liquidate it, not just the taxes which you mentioned, the capital gains tax, but then the whole waiting for the money to clear, to do all the paperwork, to get all the lawyers involved.
There's so many middlemen just getting their little cut in the middle and it's like, why should it be that hard? And at the end of the day, leave the real estate to be lifted and leave the investment vehicles to be investment vehicles where they should be. So I think as we progress and Bitcoiners will have more assets and their purchasing power will increase, I think
The real estate will balance out. think at some point those real estate investors, they will be dumping those rental condos and just be hoarding Bitcoin because it's much better for them. There's no issues with tenants to deal with. There's no maintenance costs as we have with inflation. You need to repaint, change this, change the dishwasher, change the toilet. And if you have multiple of those units, those expenses add on. I think holding Bitcoin is so much better than any single asset.
best part about it is that you hold the keys. Hopefully you have it in self custody, not through some custodian or whoever's keeping your Bitcoin. Because in that case, you're not keeping any Bitcoin. You hypothetically have some Bitcoin, but you've got no Bitcoin on your hands. To me, that's the most special thing. And I'm just really bullish how we go forward. I like to speculate about price. And to me, doesn't really matter if Bitcoin is tomorrow going to be 500k or it's going to be a million.
To me, like tomorrow, it's not going to change anything. I'm not going to go whoop out as you said, and sell it for what? For stocks, for another apartment. can, might as well rent for the next 10 years. And then instead of paying like one Bitcoin for a nice place, I'll pay like 0.1, like 10 million Sats and have my dream house. So, it's all a matter of time and low time preference is something that people should really learn about and try and implement it as hard as it is.
We all have these urges, especially from the, love this term. I wrote it down, Eric, the BBE, the before Bitcoin era. I love it. Kind of, it was all about, I want to get the newest thing and I want to keep on buying, you know, just consumerism maxis, just buying everything. And the deeper you go in Bitcoin, you're like, I don't need most of this stuff. And as you said, I spend my Bitcoin on things I really need to like the food, the, you know, investing into myself, getting things that are really meaningful. So yeah, talk about.
being bullish on the future, I am super bullish on the future, not on the price, but on the freedom part and actually the world balancing out itself as it should be.
Eric V Stacks (39:08)
Yeah, definitely. know, when I sold my property, so I discovered Bitcoin in 2017. We went over this in my last talk with you here. But, you know, I found Bitcoin and I realized, look, I got an existential crisis, you know, owning this cannabis business in this real estate. Like this is going to continue to get harder and harder and harder. My cost of operating is going to increase and my revenue is going to decrease.
G G (39:17)
Yeah.
Eric V Stacks (39:33)
I can't easily expand. There's regulatory impedance. I had 17 acres, but I can only grow 10,000 square feet, which is a quarter of an acre or there about approximately a quarter of an acre. So you can't just continue to expand. Um, so I decided that I needed to sell the property. There was some regulation changes taking place in Humboldt County with the land use ordinance. So I had to wait five months or so before I could list the property so that the fate of the cannabis license and permit was like, you know, set in stone.
And it took me, and I did it fast. It was incredible. This is fast. It took me three months to find a buyer who could actually buy the property and lock in an escrow. Then it took us 90 days to close the escrow. So it was essentially six months for me to sell the land in my house to get out of there. And then I had to pay 6 % to the real estate agents who effectively did nothing but push some paperwork around, send some docu-signs.
you know, answer a couple questions, drive out to my place and have a few conversations or whatever. Yeah, so that was definitely, you know, a example of like, you know, friction involved in like moving that capital. And for me, I was all in on this property. It was like a miracle that I was able to scrap together the money to buy it. It was a miracle that I was able to get licensed so fast that it was a miracle that I was able to sell it. And then because I was in a cash based business,
Although I was lawful under California state laws and I'm paying taxes to the state of California and to the IRS, I still had some banking impedance. It was hard for me to get larger amounts of cash into the bank and I'm running this business and so I have a large monthly nut to crack, so I have all this cash. And so I ended up having a, for me at least, for my net worth, a significant gold and silver position.
And it took me quite some time to unload my gold and silver position. know, I'm mailing off physical gold and silver to a bullion dealer from California to Texas. And so you got to like double box it. You know, you get insurance for the amount of gold that you're selling, but the insurance can only be so high. So I'd have to like send one package off, wait till they got it. And then I would do another order, send the next package off. Then they have to
to authentic, you know, they have to make sure that it's real. They have to go through an authenticity verification or whatever. Then they wire the money. And so, yeah, there's just like the ease of access of your capital with Bitcoin is so mind blowing. You know, if I need money, I can just send some money to send some Bitcoin to the exchange. I can have it wired into my bank account really quick. It's so much better than holding real estate to preserve your capital or holding a commodity.
G G (41:53)
Crazy.
Eric V Stacks (42:21)
You know, another thing too, sailor said this, and I love this. It's like nobody ever got rich buying a commodity. Like no one ever got rich. There's no person who was like became a billionaire because they were buying gold. At best, it was a store of value that appreciated, you know, in tandem with the depreciation of the dollar, right? And even then gold seemed to fail. And I don't know, I'd botched the statistics, but it's, you know, it's like gold seemed to fail as an inflation hedge.
G G (42:41)
Mm.
Eric V Stacks (42:49)
partially probably because of the derivative systems and the ETF and some corruption. There's an incentive to corruption. So the thing too that I find so beautiful about Bitcoin is the ability to expose a dishonest market actor is quite high now. know, like a lot of people are concerned about the ETFs and paper Bitcoin and that's a legitimate concern and I would always advise that somebody
G G (43:05)
Yeah.
Eric V Stacks (43:14)
you know, take possession of their own coins if they're capable. You know, my 84 year old grandmother, for example, like if she called me and said, hey, you know, been listening to you talking. I think I should get some Bitcoin. I'd probably not advise her to go buy a cold card and stamp her seed phrase into a titanium plate and go bury it in the backyard at her retirement home. So there is a place for paper Bitcoin or ETFs or cut.
G G (43:29)
Yeah.
But you can custody for
your grandma, right? Like, I mean, she doesn't have to do it herself.
Eric V Stacks (43:43)
That's true.
She does. But the point that I am trying to make, though, is that we live in a new paradigm. And there was an issue that I kind of referred to, and maybe this isn't the best way to describe it, but it's the best way I can. It's like it was like a game theoretic fuckedness in the BB world. All of known history when we were limited to the physicality of property. And so in order for our civilization to scale and for us to send value
through space, then you needed a derivative system. It's like, know, gold custodian issues a certificate that you could go trade that certificate in the marketplace. It's as good as gold or, you know, it's redeemable for gold. But the problem was, is that the dishonest market participant, the dishonest gold custodian or banker had an advantage in the marketplace if he could figure out how to collude with governments, politicians, kings, whatever, and prevent himself.
for being, prevent themselves from being exposed for that dishonesty, know, that bank run. Well, then, you know, they put into effect a law, bank holiday. It's a bank holiday, like we're insolvent, so we're gonna prevent you from coming and taking the underlying asset because we issued more derivatives, you know, certificates, whatever, than we had of the... That's at least my general understanding. Yeah. Yeah.
G G (45:00)
Is that how banking holidays came into effect, Erik? Because I never, it's a good question. I never thought about it. Like why do banks have a holiday? Because they work so hard, you
know, typing away on their keyboards.
Eric V Stacks (45:11)
Yeah, and so with Bitcoin, though, and this applies to the ETFs and it applies to the exchanges and people's concerns around Coinbase and whatever, I do believe that we're going to see, you know, more things similar to FTX. You know, I like to think that, you know, with some regulatory framework, we'll kind of be able to put guardrails there in place and kind of prevent some of those things from taking place.
G G (45:26)
For sure.
Eric V Stacks (45:36)
I personally believe, and this is just my conspiracy kind of minded opinion, but I think FTX was a major PsyOP. There's something, there's just too much stuff that's fishy around that. But let's say, for example, BlackRock or Coinbase or somebody that they have sold more paper Bitcoin or claims to Bitcoin than they have Bitcoin on reserve. They will get exposed in time. And what this does is it changes the dynamic that was baked into our world that
G G (45:44)
Hmm.
Eric V Stacks (46:04)
allowed the dishonest market participants to very easily get away with their dishonesty and consolidate power into it's like this partially that, you know, parallel to that centralizing force. There's a lot of things about Fiat that are centralizing, but they had the market advantage and it wasn't very easy to expose that dishonesty. But now anybody with a node where you can go on a block explorer and you can look to see if this address actually has these coins.
So if, let's say for example, fidelity, I think fidelity is, know, and I'm not like a TradFi guy, I'm not, you know, a Wall Street guy, so I can be wrong about this, but let's say one of the ETF providers, if they issue proof of reserves, then that kind of puts them at an advantage in the marketplace, because you're like, hold on, I could buy these ETFs, I have whatever it is, 10 or 11 of them available to me. This provider is showing proof of reserves.
G G (46:47)
Hmm.
Eric V Stacks (47:01)
So they're being honest. So I'm going to work with them. that puts, you know, that creates this element where the honest market participant has the advantage and it's really easy to expose the dishonest market participant. And I do think we're going to see a lot of fuckery where people who are entities that have effectively been successful in an era where it was hard to expose dishonesty, they're going to attempt to be dishonest.
to serve their self-interest, to get the most for them and theirs, and they're going to run into issues. Basically, the tide's gonna go out, you're gonna see who's swimming naked. Your ability to expose that dishonesty is really high. And so that creates an element where you're rewarded and you're better off doing the right thing. And I think that that is so monumentally profound. Growing up, I kind of...
G G (47:53)
Hmm.
Eric V Stacks (47:56)
Over the years and I think it really started in my like, I don't know childhood era, you know eight nine ten years old I started a question like There's there seems to be unfairness in this world, right? Like and your parents tell you all life's not fair and you know that makes sense to a certain degree But I think maybe intuitively we're all kind of feeling this like hold on like so if I'm honest and I do the right thing Why is my life harder?
G G (48:11)
Yeah.
Eric V Stacks (48:23)
in a monetary way, think spiritually you're fucked regardless if you're a shitbag, but like from a monetary perspective, like why is it that like, you know, people who seem to be really aggressive and cutthroat and know, they're saying like, it's just business. so you fucked this guy over and you're just gonna, you got the justification of it's just business. Well, that kind of.
that kind of lends itself to a nihilistic feeling within all of us. And I think that's why historically we've congregated around, you know, ideologies and religions and this idea that if you do the right thing, you know, here on planet Earth, when you die, you'll go to heaven. If you do the wrong thing, you're going to go to hell. I think it's like this thing where whatever it is, 99 % of us are honest and capable of doing the right thing. But there's those sociopaths who don't give a fuck who will do whatever.
whatever and it seems like they are excelling in the physical realm. I would say that they're degrading and suffering in the spiritual metaphysical realm. But that's like it creates this feeling of hopelessness. Like, gosh, I just got to do the right thing here.
How's it going to get better? you know, so the discovery of Bitcoin and traveling down the rabbit hole has really fired me up because, you know, it's like in some sense, the technological advancement. It's the discovery of scarcity that in some sense actually makes life fair. You can trade fairly. You could go into the marketplace and you can compete fairly. Like we're actually all 8 billion people on planet Earth if they have access to Bitcoin or playing the same economic game. And that's the first time in human history.
know, Booth said this, he was listening to Booth earlier today, like I said. So this is the first global free market. And that's a real big deal. And that now allows us to all benefit very effectively and easily from the deflation that's actually taking place that most people are unaware of, you know, or, couldn't see. And so, yeah, that's a mouthful, but it's like an exciting stuff, man.
G G (50:24)
Hmm.
No, for sure. you know, just to add to it, like the fairness point, I totally agree. You know, there's also that saying that goes, you know, fake it till you make it, which I always, whenever I heard it, I was like, what do you mean fake it till you make it? Like life is not about faking it. It's about being genuine and, you know, doing the right thing, being an honest human being. But as you said, Eric, you know, kind of if...
If you do everything honestly, kind of you get screwed over in this old legacy system. It's all about like, where can you get an edge over your competitor and steal something out or kind of throw him under the bus. But in Bitcoin, it's like the tall opposite. It's all about if you play fair, you get further than if you cheat. Because if you cheat sooner or later, you're going to be exposed and the trust factor gets lost real fast. yeah, I truly think that Bitcoin, not only will it make the people that adopt it
much more wealthier in the aspect of purchasing power, but also it's going to make the world a much, much more fair place, which I think is highly needed and highly overdue. Corruption and kind of these scammer Ponzi players have been around for centuries. And even if Bitcoin and crypto wouldn't be here today, it's not like scams wouldn't exist. It's just now.
Going back to the crypto aspect, I think it's so much easier for these scammers. They don't even have to leave their bedroom to go and scam people of their money. And at the end of the day, it puts like a bad, you know, taste in people's mouths for Bitcoin. Because if they got scammed on some shit coin, they're like, you know, what's stopping someone, you know, rugged me with Bitcoin without knowing that it's a totally different thing. But I guess, as I, as I said, the more you learn about it, the more you differentiate Bitcoin and all other cryptos.
But yeah, I fully agree with you on the aspect of, know, Bitcoin really makes you more honest and makes you a fair player. And the fact is, you mentioned with Jeff Booth saying that Bitcoin first time in history makes a free market is mind blowing. know, like those things to me are much more important than some government adopting Bitcoin and shooting up to a million dollars. That doesn't really change everyone's life. But the fact that everyone can participate in it.
and be on the same playing field. It's some pretty special stuff.
Eric V Stacks (52:51)
Yeah, and you know, the BB era incentivizes sociopathology. know, like there's something I think that the amount of sociopaths in the world will decrease as a result of Bitcoin. If your life is really hard and you're struggling to survive, something
G G (53:02)
Yeah.
Eric V Stacks (53:14)
can break within all of us. We all have this. I'm not exempt from this. Nobody's exempt from this. At some point, if you're about to fucking starve to death, like you will go and take food at gunpoint, knife point or whatever from someone else, right? And so, you know, as people are moving through the world, looking at others who seem to be excelling, they're struggling to survive. They don't understand what's causing these issues. That's where you get people like, you know, Gary economics is like, we got to,
G G (53:28)
Yeah.
Eric V Stacks (53:42)
confiscate property from all these wealthy people and give it to the poor people, right? And so, you know, or like people just decide, yeah, fuck it, I'm just going to launch a shit coin, like, you know, and I'm going to, you know, pre mine a bunch of it, and I'm going to dump it on everybody and whatever I'm going to get mine, right? And so, yeah, it's like, it's like an incentive that that can cause people to break and become sociopathic. And that that is, it's the inverse with Bitcoin now.
Now, and I actually, you know, I'm doing some traveling this last year. If I hadn't really traveled before in my life, I've seen a lot more of the world. I've met an enormous amount of people. It's so obvious to me that like a significant, whatever it is, 99 point, whatever percent of the people are good people. most people want to do the right thing. They don't want to hurt others. We, you know, we come together, we help others. Like there's so much goodness in the world and
G G (54:11)
Yeah.
Eric V Stacks (54:38)
I think Bitcoin is a monumental catalyst to help reward those people who are trying to do the right thing and de-centrifies the scumbaggery. And it's kind of like in tandem in some ways with this idea of like we're going into this golden age, the age of Aquarius. Astrologically, we're in the midst of a big shift. And I think that there's an ascension taking place. There's more of a spiritual
metaphysical awareness. And Bitcoin is just part of this, this monumental change in our reality. And that's just like, yeah, it's so, so special, you know, in quantum physics, you know, we got science and science is starting to like prove that like, and it almost seems like that we live in a simulation and there is forces beyond that are affecting this reality, you know, you got the double split experiment, you know, that
G G (55:31)
Hmm.
Eric V Stacks (55:36)
the double slit experiment quite literally shows and proves that the observer is affecting the outcome. You're changing reality. The wave collapses into a particle when it's observed. And so, you know, with that said, what, you know, it's like in my own personal journey in life, like I said, I was feeling a bit of hopelessness, you know, that nihilistic feeling of like, gosh, this just feels hard.
G G (55:44)
Yeah.
Eric V Stacks (56:04)
Life wasn't hard enough for me to break and become sociopathic. I'm sure in some circumstances, I like to think that nothing would deter me from being morally and ethically on par. But for me, I just don't think I was in a position where things were so fucked that it caused me to deviate from my morals and ethics. But yeah, was that feeling of hopelessness.
And the discovery of Bitcoin in some sense was also for me in line with like the growth and evolution of my spiritual awareness and my belief around the world in this life experience that like there is something better taking place and I'm going to choose to make sure that I have positive thoughts and I'm trying to visualize the world that I want to live in. You know, I remember in 2017, you know, going down the economic rabbit hole.
I'm on this property that I just bought. I'm getting my cannabis permits and licenses, or going through the process. I'm trying to learn about the position that I'm in. And at the same time, I'm going deep with Joe Dispenza and Abraham Hicks and Bashar and spiritual teachers and whatever. And I feel like in some sense, I created a reality for myself that was better than the one that I was.
in because I started to exude a different vibrational frequency. You know, and I believe in the law of attraction. I believe that you get back what you put out. Your vibrational frequency is going to be mirrored to you in the world around you. And that's a common theme amongst a lot of Bitcoiners that I've talked to and met. Like they kind of seem to find Bitcoin as they were finding more meaning and enjoyment in life.
G G (57:34)
Yeah.
Eric V Stacks (57:56)
as they were taking responsibility for their life experience, you know, and you're shifting out of a victim mentality and you're taking responsibility for yourself. You're starting to look at like, hey, life isn't happening to me, it's happening for me. And there's a beautiful catalyst and something taking place there. And I've been thinking a lot about that and simulation theory and spirituality and vibrational frequency. know, Nikola Tesla said, you understand the...
the secrets of the universe, think in terms of energy, vibration and frequency. Yeah, there's just like so much there that seems to be like really woo woo and metaphysical. You know, and I also think like in some sense, you know, Bitcoin is the merging of the physical and the metaphysical world. know, sailors famously said that, you know, like Satoshi discovered matter in cyberspace. He lit a fire in cyberspace. created a, you know, he brought life to a dead realm.
G G (58:26)
369.
Hmm.
Yeah.
You
Eric V Stacks (58:52)
Well, that cyberspace is like a synthetic ether. But in some sense, now that we have this invisible, finite monetary instrument, I think about it as like metaphysical matter, the merging of the physical world and the metaphysical world. And so in some ways, I kind of feel like the consciousness is evolving in this reality and people are pulling a different experience out of the quantum field.
Yeah, at the very least, it's fun to think about, you know, and it seems to be like, you know, the best way to understand what is this? What what? What am I experiencing? What is this life? You know, like you're we're all searching for meaning. We're all searching for an understanding of like, why are we here? What are we doing? And so it's definitely fun to think about. And it's, you know, that kind of perspective has helped me to maintain, you know, a higher level of enjoyment.
for this life. know, like there was the, know, Jordan Peterson said, I think it's a Taoist saying, like life is suffering. I don't necessarily know that that is all it has to be, you know? think there's a lot of enjoyment, but you have to have pain to have, you know, pleasure. You have to have bitter to have sweet. You have to have dark to have light. And so you need to embrace life in all of its forms.
G G (59:50)
Hmm.
Yeah.
show.
Yeah.
Eric V Stacks (1:00:16)
But at the same time, I think that we can channel in and create a better life experience if we take responsibility and kind of look at ourselves as creators, as part of source energy or part of God. Like, I think everything is exhibiting that source energy. And I kind of think about that as, it's like God energy or whatever. And so, you know, we're a part of that. And I think we have more control over our...
G G (1:00:38)
Yeah.
Eric V Stacks (1:00:44)
life experiences and the reality that we live in, then most people are aware. And I think the system, the construct, whatever, there's like evil forces almost pushing people away from that understanding. Absolutely. Yeah. Harvesting our life force, keeping us in a state of fear and lack and scarcity. And I think the first way to get out of that is to change your mindset and
G G (1:00:59)
Suppressing us. Yeah.
Eric V Stacks (1:01:14)
And then obviously figure out how to get some Bitcoin because that helps. You know, it's easier to be happy when you're not fucked financially, dude. When it's like, hey, I got hurt. I can still pay my bills and still put food on the table. Like it elicits a much calmer state of being, I must say. And so, yeah, yeah, man.
G G (1:01:17)
No
Couldn't agree more.
I agree, you know, the state of mind, you know, I've been reading during the pandemic era when I had a lot of time on my hands, I really kind of went down the stoic rabbit hole and was reading a lot of Marcus Aurelius and Seneca and Socrates. you know, there's this kind of saying, you know, they talk about the thoughts that you have in your head kind of define the reality you live in and people kind of miss that.
Because if you're very pessimistic on stuff and have a very negative outlook, there's a very high likely chance negative things will happen and it'll be a shitty life. But if you're very positive and determined to keep on improving, know, having hope that, you know, better things are coming, better things will come. And I totally agree with you, Kind of people underestimate the thoughts that we have in our mind really shape the reality we're in. And the crazy part is that...
this whole world that we're kind of experiencing, it's all in our head. Because at the end of the day, we have these sensors called eyeballs that take in these light rays and we convert it to different things that we see. But then again, there's something deep inside of us. I don't know, is it the soul or whatever you want to call it? This muse aura where we kind of really live the life that we want to, you know, that we experience in this digital realm. But in the end of the day,
This digital realm is nothing but vibrating atoms, which at end of the day, the argument that nothing is really solid. I truly, the more that time passes, I truly believe that we live in some kind of simulation and we really have control, much more control over the simulation than we think we do have. But at the end of the day, the most important thing that I always tell people is the time is really short on this planet and this reality.
going back to what you said, Eric, know, kind of, really need to focus on enjoying ourselves and looking at the positives of things. And when life gets hard, then nobody has life that is just amazing all the time, 365 days a year. But when life gets tough, just keep on pushing, know, keep on being determined and nothing lasts forever. The good days, the bad days, everything comes to an end. And it's kind of a cycle where how we're born, we die, we wake up, we go to sleep.
everything always revolves, but make sure no matter where you are on this life cycle, make sure to enjoy it. Because even the bad times, you may think it's bad, but actually we hopefully learn a lot of lessons in those bad times. Those bad times make us better people, better husbands, better partners, better fathers, better mothers, whatever circumstances you're in.
That's what actually makes you and improves you instead of if everything would be amazing, then you kind of, you just get really soft. You're sitting on the beach smashing down, you know, pina coladas and nothing's really progressing in life.
Eric V Stacks (1:04:35)
Yeah, yeah, man. And so a lot comes to mind, you know, in hearing that. think, so I think about simulation theory. And the first time I heard of simulation theory, I think it was like a paddle, maybe a panel, I think Neil deGrasse, And maybe in a few other physicists, scientists, whatever, you know, they're talking and one of them says like, look,
It's logical to think that, you know, whether it's five years or five million years from now that we become capable of making a virtual reality that is indistinguishable from base reality. And if that's the case, then it's actually not pro it's it's it's improbable for us to live in base reality. When I heard that, I was like, wow, that's that's interesting. I think Elon Musk is Musk has talked about that as well. And, know,
G G (1:05:14)
Mm.
Eric V Stacks (1:05:29)
As they continue to dig deeper and deeper and deeper to try to look at the building blocks that make up this reality, what they're starting to see is empty space. It's all just energy. And I think that that's quite fascinating. And I think that we're eternal, limitless, spiritual beings who have decided by choice to experience limitation. And I think that the body,
in this reality is within the soul. I don't think that the soul is in the body. And I think that like we are a fractal or an expression of source energy that is experiencing itself. And if you were limitless and all you had was pleasure and limit, limitlessness, you would actually strive for limitation.
to evolve the soul for that soul's evolution. And I heard, I saw a clip the other day, it so good of Bashar speaking about this. I don't know if you're familiar with Bashar. It's this guy, Darrell Anken, who goes into a meditative state and he channels a consciousness. It's said to be an alien. You might not believe that, you might think it's crazy, but what this guy says is always, I resonate very deeply with it. Seems to be very on point. And it was this clip of him talking about
G G (1:06:52)
Hmm.
Eric V Stacks (1:06:56)
You know, the soul is this source energy. It's a part of everything that ever is or will be or whatever. And it decides to experience itself and it distills down energy into this crystallized form. And that is the reality that we are creating as creators. So it's like we're creating our own simulation or our own soul's mission.
to feel out and experience whatever it is that we've chosen to experience and the idea of like reincarnation, reincarnation, you you die, you go to a place, you can come back or whatever, like it all, there's a lot of parallels in that and even traditional religious ideology, Christianity, et cetera. There's a lot of parallels there and so I think that that's, you know, it's quite fascinating stuff to think about.
And if, you know, if the, if we are creators of our own reality, and I think we're all experiencing our own individual reality, and then we have the reality that we're all consenting to, like your reality is different than mine. Mine's different than yours. You can never experience mine and vice versa, but we can agree upon the fact that, you know, we're here and it's this time and date and you got a microphone. It's that consensual reality. We're both consenting to these things. Like your microphone is yellow, but
G G (1:07:58)
Mm.
A common reality.
Yeah.
Eric V Stacks (1:08:15)
I can't see what you're seeing in the same way in our own individual realities, right? And taking that level of responsibility and ownership over your life and your life's experience, I think that that's quite empowering. And then another thing that Bashar speaks to that I find very fascinating and inspirational as well is this idea that, you know, in order to live out the most joyful and purposeful life,
G G (1:08:20)
Mm.
Eric V Stacks (1:08:45)
He says quite literally, I think it's pretty close to this, like act on your highest passion. What are you the most passionate about that brings you the most joy? You take action on that, but you do so with zero insistence on a particular outcome. And you trust that whatever comes is for your highest. So if you go through life with that perspective,
G G (1:09:02)
Mm.
Eric V Stacks (1:09:10)
and thought process in some sense, you create a dynamic where nothing bad can happen to you. Because even something that you think is seemingly bad, it's only bad because you're prescribing or giving that circumstance. Yeah, well, you're giving it that meaning. So you have complete control over the meaning that you give to the experiences in life. So then it also creates this dynamic where you can't fucking lose. Because hey, I did this thing.
G G (1:09:24)
preconditioning yourself.
Hmm.
Eric V Stacks (1:09:39)
Something happened to me that could be perceived as bad, but it didn't happen to me. It actually happened for me. So now I'm going to go ahead and I'm going to stack on top of that and I'm going to then go and I'm going to figure out what I'm the most passionate about and feeling the most, you know, excited about doing it. I'm going to do that and then whatever comes, I'm going to take it. I'm going to embrace it. I'm going to take responsibility for it. I'm going to use it as a series of steps to help navigate through life. There's something else I was going to add in there that I slipped my mind, but maybe it'll come back.
G G (1:10:08)
No, I love it. You know, the spiritual talks, to me, they're one of my favorite ones because it really opens up your mind to possibilities. this is something that I truly believe. I don't know how about you, Eric, but to me, my BBE era was like, I don't really care about spirituality. To me, when I heard spirituality, was all about like, you know, picking up the monks in the mountains, know, humming away. That was to me spirituality. then
Spirituality plays a vital role in our lives, but the way the system and the, what do you want to call it? The propaganda in social media and TVs, they kind of push us away from the spirituality of looking inside for answers. I'm a non-religious person. was raised non-religiously, but I was always raised by my parents. They always said, respect everyone's religion. You shouldn't if...
don't believe in a particular religion, that doesn't mean nobody should. Everybody's free to choose their own religions. And I was exploring with a curious mind the different religions, but out of the religious aspect, even though Buddhism, and it's not really Buddhism, it's a term that was made up by the Western world, it's actually Buddhist teachings. To me, that resonated the most because it was on the contrary where religion tells you to look out and go to someone for answers. In Buddhist teachings, Buddha
wrote that if you want to know the answers to your own reality in the universe, you got to look within yourself. And I feel like with Bitcoin, the more you look within yourself and you start answering, know, asking yourself questions, answering them and going deeper into the meaning of what does it mean to be in this reality and what should I do? As you said, if you find something, your muse, something that you really love, it doesn't feel like work. Like to me personally, like
shooting this episode with you. It's like my day to day job, but it doesn't feel like a job. Like I love like I flourish of what I'm doing. And yeah, maybe I'm not making as much money as I did in my previous chapter of life where I was a nine to five Fiat minor. But I love like to me life is so much more enjoyable. And like at the end of the day, every day I'm getting older and older and you know, I'd rather minimize my spending, increase my saving.
My saving is my Bitcoin vehicle, which in the long term, those savings will outshine any income that I'll be making now, live in a miserable life. At the end of the day, it's all about enjoying yourself and doing the right thing. And I think if more people really dedicated themselves to what they love, in the end, they would have a much better outcome, maybe not financially, but money doesn't make you happy. Most people, want to make X amount of, they want to be a millionaire, billionaire.
But you don't realize that the more money you have the more problems you have because when you have all that money It's not easy. You're like constantly thinking shit. Like everything's getting devalued Where do I put it and you're dealing with money managers and this and that and that's just eating away at your time And at the end of the day, I would much rather live a simple pleb life shoot my shoot my episodes help people go into self-custody get set up with with inheritance plans and enjoy my
my time with my wife and my two beautiful daughters, know, and screw the chasing the millions. At the end of the day, I'm already a millionaire, satoshi millionaire. That's the only millionaire I care about. And you know, at the end of the day, it's all about enjoying yourself, which I think is the most important thing. That's what we're in this earth to do. First of all, enjoy ourselves. And the second one, you know, give back something to people to make their lives better as well. Because, you know, being selfish at the end of the day doesn't help your neighbor, but
Eric V Stacks (1:13:37)
Yeah, right?
G G (1:13:58)
Helping them out helps you also in many ways.
Eric V Stacks (1:14:02)
Yeah, definitely. Something that stuck out, want to add to what you were saying is that most of the people that are wealthy in the world, they don't have a lot of money. They have a lot of stuff. And managing and maintaining ownership of that stuff requires an enormous amount of energy exertion. Whether you're going to outsource that to a money manager or you're going to take care of it yourself,
G G (1:14:08)
Hmm.
Yeah
Eric V Stacks (1:14:30)
It's it's it's it's dilutive of your energy for sure. You know, it's something that I've been experiencing quite a bit of for like the last six months. And I've kind of I've gotten quiet. I haven't been making any content. I haven't been posting really anything. Partially because I'm going through like a transformation. I feel like I'm going through a very deep transformation in my life. Bitcoin has been part of that. You can say that my
affinity for Bitcoin and my position in Bitcoin, my Bitcoin allocation or whatever is helping to catalyze that. But what I'm dealing with in some senses is very interesting. I almost don't know how to operate in the world because I was living my life in a state of survival. And like all of the decisions and actions that I were taking were coming from my ability where I like learned to leverage the fear.
G G (1:15:19)
Hmm.
Eric V Stacks (1:15:28)
and the cortisol induced state of being to get things done. And like I can be hyperproductive. can achieve things that I wanted to achieve. I've had whatever levels of success that I've had that I feel good about, but I was coming at life from a fear based cortisol induced state of existence. And now that that is starting to change because I have my Bitcoin position, I have
inviolable property or the least violatable property in existence. And the purchasing power is increasing at such a rate that I'm not in that survival state anymore. And what I'm finding is I almost don't know how to be. It's really weird. I've been dealing with, OK, so how do I go from surviving to thriving? How do I thrive? And I'm riding this wave of
G G (1:16:22)
Mm.
Eric V Stacks (1:16:27)
living outside of my comfort zone, and I'm like evolving as a person. I'm shedding these limited beliefs, like I'm running into like feelings of fear and inadequacy and like, Hey, I was fucked that I sound stupid, or I said the wrong thing on this podcast, like people are gonna think I'm an idiot, blah, blah, blah. It's all just a reflection of what I believe about myself. And what state of
G G (1:16:49)
Hmm.
Eric V Stacks (1:16:51)
what vibrational state I'm exuding based upon my thoughts, my beliefs and whatever. So I've been going through this tremendous period of growth and evolution. And it's just like I said, it's like, almost don't like, it's like, how do I, what do I do? don't like, I'm not in this state of being scared and stressed out. And so like, I'm like, kind of like almost like learning how to operate in the world, like a child.
G G (1:17:16)
Feel like
a new child, I was gonna say, yeah.
Eric V Stacks (1:17:16)
but I'm just in a different state, you know? And I'm
looking at my daughter and I'm thinking, gosh, she's learning all these things. And I just, just, I have fucking hope that I can provide her a less stressful, like make sure that I could raise her in an environment where she's not scared about how, you know, how am I going to survive? And so that she can thrive and flourish. And I see that taking place amongst people within Bitcoin. And I think that the existence of Bitcoin and the implications societally
philosophically, spiritually, it has a ripple effect and it's like quite literally changing the fabric of our reality. I know that that's quite hyperbolic to say, but it's like what I believe and at least what I perceive to be taking place in my own personal reality. And it's quite profound. just, you know, I'm here in Miami and there's a Bitcoiner, Monica Bravo. She's an artist and Bitcoiner, astrologist, super cool.
G G (1:17:54)
Hmm.
Yeah.
Hmm.
Eric V Stacks (1:18:15)
She did my birth chart, pulled my birth chart and did an astrological reading for me and my wife and like, gosh, it's just so, so on point. It was quite interesting. And one of the things she actually sent me a message this morning, she was like, hey, I was meditating and I just got this download basically about like, I'm no longer in a state. And she goes, I read this, she sent me the message. She goes, I was feeling this. I wanted to share this with you.
you know, I think it applies to you and your wife and to a lot of other people currently. And she's like, it's a mantra. want you to say it. Like I'm no longer in a, in a, a, in a state of surviving. I'm now thriving. And it just, that hit hard because I've been literally thinking about that. Like, gosh, I don't know. I don't know how to be. It's like, I'm learning how to walk again. Like, you know, like you, I was in a wheelchair for a while or something. I'm like, how do I, how do I operate now? It's like, it's, it's interesting for sure.
G G (1:18:54)
Hmm.
Eric V Stacks (1:19:11)
It's quite inspiring, uplifting. It's a special thing. And I think a lot of us Bitcoiners are experiencing similar versions of this. I have a buddy, David, he's in London, and he was talking, I was listening to a podcast he was on. And it's like that desire to bring people in. Hey, come experience, I just want you to experience what I'm experiencing here. Let me tell you about Bitcoin. Would you please?
G G (1:19:19)
100%.
Yeah.
Eric V Stacks (1:19:40)
fucking read a book. Could you listen to the sailor series? I think I've sent the sailor series to like 20 people over the last three years. I don't think any single not I can't. I don't I can't recall one that actually listened to it. It's like, fuck dude, like, but then at the same time, I kind of like I'm moving out of that frustration. And I'm just like kind of entering and
G G (1:19:55)
Hmm.
Let it be
Eric V Stacks (1:20:05)
residing in a state of bliss where I'm like, hey, you know what? I think that everything is getting better and it's available to those who want to be a part of it. And it's not to those who aren't ready for that. And like, I have to accept that. That's okay. That's their experience. This is mine. So yeah.
G G (1:20:11)
Yeah.
100%. Just
to add to that, the control factor, going back to stoicism, in stoicism, it really teaches you your surroundings and what happens around you. Like this example that you said, sending the Seder series to 20 plus people and nobody really listening to it. And prior, you'd be frustrated, like, why didn't you listen to it? I've been telling you all this time, pushing you where now it's like, just let it be. I'm focusing on myself.
It's about the only thing you can control is your own mind and your own thoughts. And if you put those into balance, then you're living the golden life.
Eric V Stacks (1:21:03)
Yeah, the only thing you can control in this world is how you respond to it. You have total control over your response and the meaning that you give to an experience.
G G (1:21:07)
Yeah.
100%. So I want to touch upon David, your friend in London. Is this the David which you have launched your co-host of your podcast? What is it? Stacks talks with David, I believe, if I didn't butcher that. Yeah, no talks. Stacks chats with David.
Eric V Stacks (1:21:16)
Yeah.
Yeah, we're just doing a stacks chats with David. Yeah, stacks chats with David. Yeah,
him and I were we've been talking about that for a little while and he he got it going and we have another buddy of his that's you know, doing the production and whatever and so yeah, it's just a you know, because what happened is is him and I for the last I don't know year now, do we've been having epic conversations and it's like
G G (1:21:48)
weekly chats.
Eric V Stacks (1:21:53)
we should record this, you know, and I never got to it. And finally, he hits me up. He goes, Hey, let's let's let's do one. And so, yeah, so I do. have conversations with him. You know, we were the goal was to do it weekly, but it's you know, it's a little hard to lock it down. I do think that I'm going to start my own podcast, you know, I kind of at times I'm like, there's enough podcasts, but I think that actually we benefit from having more. Yeah, I think the discussions need to be public like
G G (1:22:16)
I couldn't agree more.
Eric V Stacks (1:22:18)
I have so many riveting, inspiring, and energetically uplifting conversations. I want to share that, right? And so it's the best way to do it. And the barrier to entry is there's nothing. I already have a camera and a phone and whatever, laptops. Might as well just do it. Yeah, totally. No, I will say, though, that's part of this evolution that I'm experiencing.
G G (1:22:25)
Yeah.
Of course.
minimal. An experience. So it's not like you're camera shy.
Eric V Stacks (1:22:46)
It's very, well, it's becoming easier. It was very difficult for me to like be public, you know, like, and whatever, whatever, like, I think we all have different flavors of trauma. We all have different things that happen to us that are traumatizing and affect our beliefs around ourselves. And so in my particular case, divorced parents, you know, and when you're a child and I'm learning more about children because I have one and I got another one on the way.
G G (1:22:53)
Hmm.
Eric V Stacks (1:23:15)
You know, children, they internalize everything that happens in the world around them as their fault, something that they're responsible for. And my parents divorced when I was five years old, and I don't consciously remember this, but my assumptions are at this point that I internalized that as being something that like I was responsible for. And I remember being a child, you know, brutal custody battle between my mother and father that went on for years, all the way till I was basically 18 years old, honestly.
G G (1:23:15)
Nice.
Mm.
Eric V Stacks (1:23:44)
And there was like layers of both feelings of abandonment that I experienced, I think, and then also like I wanted my parents to be together. And at one point, I must have been 10, 12 years old, I had a court appointed mediator, kind of like my own attorney, and then my mom had an attorney, my dad had an attorney, and it was like this.
monumental pressure that was imposed upon me and my little brother to decide who we wanted to live with. So who do you want to live with most of the time that you could visit the other parent on the weekends? And like all I wanted was my parents to be together. And then at one point, I decided because I had lived with my mom from like five to 13 years old, that I wanted to live with my father. And dude, my mom fucking would just she couldn't handle that, right?
G G (1:24:18)
Hmm.
Flip.
Eric V Stacks (1:24:41)
And then she like became, I don't know, she like emotionally punished me for making that decision. Like it was this huge form of betrayal. All the meanwhile, she was getting further and further zombied out as a result of pharmaceutical use. You my stepfather was a psychiatrist and a drug, he had drug reps that would come and visit him. And he worked in a prison system and was prescribing psychiatrics to inmates at the prison system.
G G (1:24:56)
Hmm.
Eric V Stacks (1:25:08)
He went to school, he didn't drink alcohol, he didn't do illicit drugs or illegal drugs. So he was doing what he believed to be the right thing. And my mother had these pharmaceuticals and some of them, and now that I know more about the world or whatever, were pretty gnarly. And so she, it was like another layer of abandonment. And then until when I was 20 years old, she ended up committing suicide because the pharmaceuticals weren't solving the underlying issues that she was dealing with.
G G (1:25:23)
Hmm.
Eric V Stacks (1:25:39)
And so it was like, I think I was associating and learned to put on this persona that I considered to be like, I don't know, that people liked about me. you know, I was, I don't know, like when I was a kid, apparently like, you know, I was likable. And so I kind of internalized that likable state and I started to like fracture in a sense and started to like try to put on a persona
G G (1:25:55)
liked.
Yeah, yeah.
Eric V Stacks (1:26:08)
and be what I thought if I was, then I would get the love and acceptance that I like wanted from, you know, the world around me and specifically my parents. And so I kind of experienced like a multiple layers of abandonment. And then I think it was that internalizing the feud between my parents is something that was my fault that I then ultimately couldn't fix. And it like affected me and how I had relationships later in my life. It affected my ability to make decisions. And so
G G (1:26:23)
Hmm.
Eric V Stacks (1:26:38)
With all that said though, I have adopted a perspective and a mindset around that. And I truly believe when I say this, that I'm happy it all went down that way. Because I have evolved as an individual and I have strengths that I would not otherwise have. I make very, very deeply thought out and calculated decisions. And most of the time, historically, they're good decisions. And I think that part of that is like,
G G (1:26:57)
Yeah.
Eric V Stacks (1:27:07)
based upon me having to decide, make an impossible decision. What parent do you want to live with? Well, the option that I wanted wasn't available. And then, you know, I kind of retracted and I became introverted. And it was actually interesting as I'm doing my reading with Monica the other day, I'm like, yeah, you know, I'm really introverted. It's hard for me to like be in public and like be on the podcast and like stand on stage and give a keynote or whatever. Like it's almost...
G G (1:27:12)
Yes.
Eric V Stacks (1:27:34)
Painful for me to do it. But like I know I should be there's something deep in inside of me intuitively where I know I should be doing it because Totally. Well, she's like you're not an you're not an introvert, you know She started to kind of explain what she was seeing in my chart or whatever and that was kind of like that's that's kind of interesting and so I kind of forget the main point that I was trying to make but I have been like riding this wave of like move doing things that intuitively I know I should be doing but are outside my
G G (1:27:36)
Hmm.
seeking discomfort.
Eric V Stacks (1:28:04)
zone. And I'm evolving as a person. My life got so much better when I was late 20s, early 30s, and I moved out of this victim mentality where I felt like things had happened to me that were unfair. And the kids that I went to school with, that went to college and got good jobs, like I dropped out of high school, here I am in Humboldt County growing weed, like, I didn't feel good about myself, you know?
And I learned to forgive my parents. I think everyone is always doing the best they can at that time in their life with who they are, what they know, and what they believe. And then also in being a parent now, I don't have angst or anger towards my parents. I don't feel like my life circumstance was something that I wished was different. I truly am grateful for the things that I've experienced because that's apparently, you know,
G G (1:28:34)
Yeah.
Hmm.
Eric V Stacks (1:29:00)
I guess it's my soul's evolution. It's the path that I'm supposed to walk to become whatever I'm supposed to become, right? And so anyways, to circle that all back down to Bitcoin though, Bitcoin seems to be like this monumental hack to help us to like ascend and evolve because once you can take care of those fundamental needs, you can now focus on more important things.
G G (1:29:08)
Destiny, Destiny is a true thing.
Unlock your potential.
Eric V Stacks (1:29:29)
And I think that, you know, what I've been experiencing was just describing in some ways is a common theme amongst a lot of Bitcoiners that I have, you know, become friends with. They've experienced some level of trauma in their life. And now that they're able to move out of that survival state, they're like changing in really beautiful and positive ways. I can say that a lot of the people that were so inspirational for me,
G G (1:29:43)
Hmm.
Hmm.
Eric V Stacks (1:29:58)
had similar experiences, different flavors. We all have different flavors of challenges and traumatic experiences in life and some worse than others and whatever. That's like a really special thing. It really is. And I'm very grateful for all the developments and unfolding. it's like, the things that you resist persist. And so another thing that I'm consciously trying to do all the time is not be angry.
G G (1:30:02)
Yeah.
Eric V Stacks (1:30:26)
at the world, right? Like there's a lot of things that you could be fucking upset about, you know, and like the vitriol that we could all spit at Fiat, fuck Fiat, this and that, like, hold on, like, I don't know that that's beneficial. I think that that's deterring or it's like, it's limiting your ability to like transcend that, right? And so in order to like move out of it, you have to accept it. You have to be grateful for it. Hey, you know what, like if...
G G (1:30:40)
Mm-mm.
Eric V Stacks (1:30:53)
I was, if we were all born as everybody who's live now that has an affinity for Bitcoin, was born into a Bitcoin era where we wouldn't have the perspective and the understanding of how fucked it was before Bitcoin and how much better it is. So it's the duality of life. You have to have both, right? And so, and I think that our life experience and our understanding
G G (1:31:09)
True.
Eric V Stacks (1:31:17)
and belief set around whatever that means to all of us is much more malleable than your average individual is aware of. And unfortunately, they're kind of under a spell and subject to the mass psyop that's taking place. But I see that evolving, and it feels like it's evolving at a faster and faster and faster rate. And it's special to experience.
G G (1:31:25)
Hmm.
And that's Psy-op is coming
to an end because our daughters and other people listening, their kids, the world they're growing up in, essentially it's this post, not fully post-fiat world, but I don't know how about with your daughter, but like my daughter, especially the eldest one, which is only five years old.
Literally earlier today, I'm putting her to bed after lunch. After lunch, I'm putting her to bed and I'm like, you know, get some nice rest. And she goes, thanks. And she turns to me and she goes, and I hope you go and find more Bitcoin daddy, you know, it's like to them, it's so natural about like, you know, what's happening with Bitcoin this that like I read in Bitcoin books from Shamory, like awesome things like slowly programming the right way, you know, whatever my daughters want to do. I give them full freedom and I hope that, you know, when
Eric V Stacks (1:32:14)
Yeah
G G (1:32:31)
13, 15 years when they're at that age to kind of leave home and go pursue what they want to do. I'm definitely not going to push them down the route of go apply for this college to get some crappy degree, which in most cases won't get you anywhere. It's all about like, focus on what you love. Is it dancing? Is it singing? Is it painting? Is it being a vet? Is it whatever it is, just go and pursue that.
With the savings vehicle that we have with Bitcoin, actually allows us for us and future generations to really focus. So like, feel like we're like this first generation of the unchained generation, which kind of we really focus on what we want to do and the future generations will just have more and more abundance to really focus on what they want to do. So I'm really positive on the outlook of the future generations and their possibilities, but that only depends on what we choose today. So
anyone listening, well, I doubt anyone listening still doesn't have Bitcoin. But if you still don't have Bitcoin, definitely pause the show or right after the show, go and get yourself some Bitcoin and start stacking Bitcoin because that's the biggest freedom you can give to your children and your future grandkids.
Eric V Stacks (1:33:44)
Yes, yeah, so it'll allow the next generation to pursue a passion as opposed to a paycheck. And I think actually ironically that when you're successfully pursuing your passion and expressing yourself through your life experience, that's also when the most abundance becomes available to you. And so it's quite interesting from that perspective. Totally. Yeah.
G G (1:34:06)
It goes hand in hand. Amazing.
Eric, we could be going on for much, much longer, but I like to keep these episodes up to like an hour, hour and a half. And I think we're more or less coming up to the time limit. That being said, this is definitely not the last time we'll be having you on. Maybe we can do a future discussion, maybe particularly on spirituality, because I feel like that's like a really...
topic that's close to both of our hearts. And I think we could ramble and go much deeper in that for over an hour on that subject alone. So maybe we can book something in the coming months. But my last question is more than a question, just curiosity on the topic of travel. Will I be seeing you in BDC Prague later this summer or you're still not sure if you're going to be going?
Eric V Stacks (1:34:58)
No, I'm actually positive that I'm not going to be going to Prague this year. My wife is pregnant. So we're going to, yeah. No, it'll be November. So we could go, but like I also, kind of, I mean, I kind of quite literally am planning to move in the next 12 to 18 months, currently and now for the last few, totally. And so I'm just kind of preparing for that. I'm like, I'm perpetually preparing.
G G (1:35:04)
You mentioned, yeah. And she's due in summer season.
Okay.
A lot of logistics to take care of. Got it.
Eric V Stacks (1:35:28)
You know, someone wise once told me the famous saying that, fuck, what is it? It's, when preparation meets opportunity, that's when the magic happens, and foolish people call that luck. And so I think that, know, I love that, when the first time I heard that I was like, wow, that is fantastic. Yeah, so I'm not gonna go, totally.
G G (1:35:28)
Yeah.
Nice. That's amazing.
You can never be over prepared, 100%.
Eric V Stacks (1:35:53)
Yeah, so I'm not going to go to Prague. I don't think I'm going to Vegas either. I was kind of excited about going to Vegas because it's not too far from me. We've been talking about moving for many, many years and it looks like we're, it's clearly going to be Florida. Now we need to decide what part of Florida we're going to move to. Yeah, so I'm not going to be doing, not going to be doing the same level of traveling that I did last year. And then as far as the spirituality, like, you know, I
G G (1:35:57)
Mmm.
I respect that.
No worries.
Eric V Stacks (1:36:19)
fucking know what's going on. I'm just trying to make sense of it just like anybody. I'm like the ultimate students. I'm like ears. The only thing that I can speak to or share is my own personal experience and the things that I have heard that I resonate with. But I find that, you know, there's the cross section between Bitcoin and spirituality is very fun and fulfilling to discuss and explore. And it's like an extension of the seemingly endless Bitcoin rabbit hole.
G G (1:36:21)
I know.
Hmm.
Eric V Stacks (1:36:49)
And like, how are we creating the beautiful world that we want to see? And I just get so fired up because every way I play out any thought around like, could things play out moving forward? It seems, it's seemingly so true that all roads lead to a Bitcoin standard and all roads lead to an abundant era for...
G G (1:37:12)
Yeah.
Eric V Stacks (1:37:16)
infinite people forever, I don't know, you know, and so, yeah, it's definitely enjoyable to talk about and be a part of.
G G (1:37:25)
No, for sure. you know, I didn't frame as you're the spiritual guru that's going to come back on and teach us some, but it's about discovering what we're experiencing and together having these conversations and, maybe getting a few more beautiful minds on the subject. I think, you know, we could take it really, really deep. And I think that's a conversation that would deeply resonate with the listeners. But yeah, I think we can definitely make that happen whenever the time is right.
Eric V Stacks (1:37:54)
Yeah, ended up,
sorry to interrupt, I ended up on a phone call with Lauren yesterday. We chatted for like an hour and a half talking about all the spiritual stuff. It was super fun. So I don't know, and I have to look through the email, but I think your intention was to get myself, Lauren and Tomer. That will be a very Tomer's top notch. I absolutely love Tomer. And Lauren, and you, I mean everybody really, but.
G G (1:38:00)
Hmm.
And Lauren, Yeah, yeah.
Eric V Stacks (1:38:22)
Yeah, I look forward to us locking that one in.
G G (1:38:22)
Well, I think we're going to be, I think that's penciled in somewhere in like two, three weeks time. So yeah, I think we should add you to that conversation. I think that's going to be a lot of fun having you, Lauren and Tomer. I think that would be a very fun conversation to have. So I guess we will have Eric back on the show, not six months later, but a few weeks later, which is going to be awesome.
Eric V Stacks (1:38:40)
Yeah, being honored to be part of it.
Yeah, I'm excited, man.
G G (1:38:52)
Sounds good. Well, Eric, thanks again, man, for taking the time. I really appreciate it. Enjoy your time down in Miami. I you have some exciting things, especially over the next few days coming up. I'm looking forward to listening to those things. But yeah, until then, definitely all the best of luck. If there's anything I can help you with, Eric, you always know my DMs are always open and I'm happy to help. And to anyone listening, definitely go check out Eric, follow him on X.
And yeah, and I look forward to having you back on the show very soon my friend
Eric V Stacks (1:39:25)
Yeah, man, I look forward to it. I appreciate you and everybody else and really everything else. You know, and I guess I can say, hey, everybody should try to adopt that level of appreciation for what's happening in the world. know, where attention goes, energy flows. So focus on the world that you want to see. And, you know, if you've got a problem with the atrocities in the world and clown world, like defund it by stop, by simply stopping paying attention to it.
G G (1:39:31)
Okay.
Eric V Stacks (1:39:51)
If you're yelling at clown world, you're only strengthening it. Where attention goes, energy flows. So let's put attention on the beautiful things that we want to create in this reality because I think we're capable of doing so.
G G (1:39:53)
percent.
I'd love it.
I love it. Couldn't have said it better on that bombshell. We'll sign off. Thanks everyone for listening. Make sure to follow Eric, subscribe to the show. And yeah, love you all. Stay abundant, stay great. Stacksats. Till next time.
Eric V Stacks (1:40:19)
Peace.
Introduction to Bitcoin and Eric V. Stacks
Life Updates and Moving Decisions
Experiences in El Salvador and Bitcoin Adoption
Understanding Bitcoin's Value Proposition
The Role of Bitcoin in the Current Economic Landscape
Trump, SBR, and Bitcoin's Future
Bitcoin as a Store of Value and Economic Transition
The Future of Real Estate and Bitcoin's Impact
Bullish on the Future
Navigating Regulatory Challenges in Cannabis Business
The Friction of Traditional Capital Movement
Bitcoin vs. Commodities: A New Paradigm
Exposing Dishonesty in Financial Markets
The Rise of Honest Market Participants
Bitcoin as a Catalyst for Fairness
The Global Free Market and Economic Equality
The Spiritual Dimension of Bitcoin
Creating Your Own Reality
The Power of Mindset and Perspective
Simulation Theory and the Nature of Reality
Living with Purpose and Passion
Finding Joy Beyond Wealth
From Surviving to Thriving
The Power of Perspective
Healing Through Experience
The Future of Bitcoin and Generational Abundance BLOCK HEIGHT: 890400