I Asked Bitcoin Billionaires For Crypto Advice

Summary

In this exhilarating video, the host sneaks backstage at the world's largest Bitcoin conference, aiming to extract investment wisdom from industry giants. After a thrilling adventure, they secure interviews with notable figures like Kevin O'Leary, who advises beginners to start small and learn from losses, and Michael Saylor, who predicts an explosion in crypto technology integration and accessibility. The host also learns from successful investor Brian John about the importance of learning from mistakes. The video concludes with the host's reflection on the value of networking and a generous giveaway of Bitcoin to the audience.

Takeaways

• 😎 Sneaking backstage at a Bitcoin conference led to unexpected interviews with successful investors and entrepreneurs.
• 💼 Kevin O'Leary suggests starting small with crypto investments, learning through experience, and understanding wallet security.
• 📚 Education is key in crypto investment; Kevin O'Leary recommends using resources online and learning the basics with a few select coins.
• 🤔 The importance of understanding centralized and decentralized wallets is highlighted as a foundational step in crypto investment.
• 🚀 Michael Saylor, owner of MicroStrategy, predicts an explosion in digital wallets and the integration of crypto technology into mobile apps.
• 🌐 Saylor emphasizes the potential of crypto to provide financial accessibility to the unbanked and to facilitate fast cross-border transactions.
• 📈 For beginners with a smaller budget, Saylor advises self-education through free resources and not investing based on rumors or urgency.
• 💡 Brian John, a successful investor, stresses the importance of learning from mistakes and not being afraid to make them in crypto investment.
• 🎯 The video creator's experience at the conference underscores the value of networking and meeting new people in the crypto community.
• 🎁 The video ends with a giveaway of $1000 in Bitcoin, encouraging viewers to engage with the content and follow on Instagram.
• 🎉 The overall message is one of optimism and excitement about the future of cryptocurrency and the opportunities it presents.

Q & A

What was the main objective of the person conducting the interviews at the Bitcoin conference?

The main objective was to ask successful investors, athletes, and celebrities about the best way to make money with cryptocurrency.

How did the person manage to sneak backstage at the Bitcoin conference?

They found an unauthorized way up that led backstage, and then walked through the back door, making themselves at home in the press room.

Who was the first notable person the person interviewed backstage and what is significant about him?

The first notable person interviewed was Kevin O'Leary, who is significant because he sold his business for 3.7 billion dollars and is known from a popular TV show.

What advice did Kevin O'Leary give for a beginner looking to make money with crypto?

Kevin O'Leary advised starting small, getting educated about centralized and decentralized wallets, and being prepared to lose some money initially as part of the learning process.

What cryptocurrencies did Kevin O'Leary suggest starting with for beginners?

He suggested starting with Ethereum, Bitcoin, Solana, and Polygon, and to work with five coins in total.

What was the challenge presented at the conference that involved a bull?

The challenge was to stay on a mechanical bull for two minutes to win a free Bitcoin, which was worth around $40,000 at the time.

How long did the person last on the mechanical bull and what was the reaction of the people around?

The person lasted about 24 seconds on the bull and the people around laughed at him.

Who was the old friend the person ran into at the conference and what is he known for?

The old friend was Brian John, a highly successful investor and the owner of one of the largest crypto channels on YouTube.

What advice did Brian John give for beginners in crypto and making mistakes?

Brian John advised not to be afraid to make mistakes, but to learn from them, noting that the best investors make mistakes but improve by learning from them.

Who is Michael Saylor and what is his connection to Bitcoin?

Michael Saylor is the owner of MicroStrategy, a company that holds more Bitcoin than any other public company, with an estimated 125,000 Bitcoins worth around $5.2 billion.

What does Michael Saylor predict for the future of cryptocurrency and its accessibility?

Michael Saylor predicts that crypto technology will be built into more mobile apps, there will be an explosion in digital wallets, and as the lightning network rolls out, websites and apps will integrate the protocol for fast cross-border money movement, making it more accessible for everyone.

What advice did Michael Saylor give for beginners with a smaller budget interested in crypto?

Michael Saylor advised beginners to educate themselves, recommending resources like hope.com and his website sailor.org for free education, and to read books like 'The Bitcoin Standard'.

What was the final event the person was invited to after the conference?

The person was invited to a private event on a yacht after the conference.

What giveaway was announced at the end of the video?

A giveaway of a thousand dollars in Bitcoin was announced at the end of the video, with participants encouraged to comment and follow on Instagram to enter.

Outlines

00:00

😎 Sneaking into the Bitcoin Conference for Exclusive Interviews

In this segment, the narrator describes their experience of attending the world's largest Bitcoin conference with the goal of interviewing successful investors, athletes, and celebrities about making money with cryptocurrency. They faced the challenge of getting backstage access without any credentials and managed to sneak in through an unauthorized route. Once backstage, they join the press room, where they nervously but excitedly anticipate conducting interviews. Their first encounter is with Kevin O'Leary, a billionaire investor known for his appearance on a popular TV show. The narrator interviews Kevin, who advises beginners to start small, educate themselves on the differences between centralized and decentralized wallets, and to expect initial losses as part of the learning process. Kevin also recommends starting with five specific cryptocurrencies: Ethereum, Bitcoin, Solana, and Polygon, emphasizing the importance of understanding wallet security and the basics of cryptocurrency.

05:01

🚀 Riding the Bitcoin Bull and Gleaning Wisdom from Crypto Experts

The video script continues with the narrator's attempt to ride a mechanical bull for a chance to win a Bitcoin, but they are quickly bucked off, much to the amusement of the onlookers. Seeking redemption, the narrator aims to secure another valuable interview. They spend an hour exploring the conference without much success, but eventually reconnect with an old friend, Brian John, a successful investor with a prominent crypto channel on YouTube. Brian advises beginners not to fear making mistakes, emphasizing the importance of learning from them to become a better investor. The narrator then shares their mission to meet Michael Saylor, the owner of MicroStrategy, a company holding a significant amount of Bitcoin. After a long wait, they manage to interview Michael, who shares his bullish outlook on Bitcoin and predicts the integration of crypto technology into mobile apps and digital wallets. He also highlights the growing accessibility of money through cryptocurrency, especially for those who are unbanked or face difficulties with traditional banking systems. Michael advises beginners to educate themselves, pointing to free resources like his website and others, and to never invest based on rumors or urgency.

Keywords

💡Bitcoin

Bitcoin is a decentralized digital currency that operates without a central bank or single administrator. It is the first and most well-known cryptocurrency and is often used as a benchmark for the entire crypto market. In the video, Bitcoin is a central theme, with the conference being the largest Bitcoin conference and discussions revolving around investment and the future of cryptocurrencies, including Bitcoin.

💡Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates independently of a central bank. The video discusses various aspects of making money with cryptocurrencies, including investment strategies and the importance of understanding the technology behind them.

💡Investors

Investors in the context of the video are individuals who have put money into cryptocurrencies with the expectation of profit. The script mentions successful investors, indicating that they are individuals who have made significant gains in the cryptocurrency space.

💡Decentralized Wallet

A decentralized wallet is a type of cryptocurrency wallet that allows users to have full control over their private keys, meaning that the wallet is not controlled by any central authority. Kevin O'Leary suggests getting a decentralized wallet to understand the difference between it and a centralized wallet, emphasizing the importance of security and personal responsibility in cryptocurrency management.

💡Education

Education in the context of the video refers to the process of learning about cryptocurrency and blockchain technology to make informed investment decisions. Michael Saylor emphasizes the importance of self-education, recommending resources like his website and books to understand the technology and its potential impact.

💡Kevin O'Leary

Kevin O'Leary is a Canadian businessman and television personality who is known for his appearances on the reality show 'Shark Tank' and his success in the business world. In the video, he provides advice on starting with a small investment in cryptocurrency and learning from the experience.

💡Ethereum

Ethereum is an open-source, blockchain-based distributed computing platform and operating system that features smart contract functionality. It is the second-largest cryptocurrency by market capitalization. The video mentions Ethereum as one of the cryptocurrencies that beginners should consider investing in.

💡Solana

Solana is a high-performance blockchain platform designed for decentralized applications and cryptocurrencies that can process transactions quickly and at a low cost. It is mentioned in the video as one of the cryptocurrencies to explore, indicating its growing importance and potential in the crypto market.

💡Polygon

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It is designed to increase the scalability of Ethereum and is mentioned in the video as another cryptocurrency for beginners to look into.

💡Stablecoins

Stablecoins are a type of cryptocurrency that is designed to minimize price volatility by being pegged to a stable asset, such as the U.S. dollar, to reduce the risk for investors. The video mentions stablecoins in the context of digital wallets and the future of cryptocurrency, suggesting their role in providing stability in the market.

💡Lightning Network

The Lightning Network is a second-layer payment protocol that operates on top of a blockchain. It enables fast and low-fee transactions off the main blockchain, which is crucial for scalability. Michael Saylor mentions the Lightning Network in the video, predicting its role in making cross-border transactions fast and accessible.

Highlights

Sneaking backstage at the world's largest Bitcoin conference to interview successful investors, athletes, and celebrities.

Kevin O'Leary's advice on starting with crypto: Educate yourself, set up wallets, and be prepared to lose initial investments to learn.

Kevin O'Leary's suggestion to start with five coins including Ethereum, Bitcoin, Solana, and Polygon.

The importance of learning from mistakes in crypto investment, as emphasized by Brian John.

Michael Saylor's prediction of crypto technology integration into mobile apps and an increase in digital wallets.

Saylor's view on the frustration of people unable to get bank accounts and the potential of crypto for cross-border transactions.

The challenge of staying on a mechanical bull for two minutes to win a Bitcoin.

The experience of networking and meeting new people at the conference, including subscribers.

Michael Saylor's advice for beginners: Educate yourself with resources like hope.com and his website sailor.org.

The significance of understanding crypto as 'electricity in 1900' and its potential to change the world.

The feeling of accomplishment after interviewing Michael Saylor, a major inspiration in the crypto world.

Getting invited to a private event on a yacht, symbolizing success in the crypto community.

The importance of putting oneself out there and networking to meet amazing entrepreneurs and investors.

A giveaway of a thousand dollars in Bitcoin to celebrate the success and learnings from the conference.

Transcripts

today we're here at the largest bitcoin

conference in the entire world inside of

here are some of the most successful

investors athletes and celebrities of

all time today i'm going to be asking

them one question what's the best way to

make money with crypto

the only problem was we had no way to

get to them we got to figure out how to

sneak backstage and get to the real

people i don't know how we're going to

do it we're going to join this community

then my friend and i scattered out the

entire venue looking for any type of way

to get backstage a few minutes later we

found this

we just found this

definitely not supposed to be up here

but it's going to take us backstage

all right joe we snuck backstage at the

bitcoin conference we're here in the

press room and i think we actually might

get some good interviews today so i'm

nervous my heart's beating but man i'm

excited let's get it i pretty much

walked through the back door and made

myself at home enjoyed some free coffee

and pretty quickly recognize someone

that's kevin o'leary he sold his

business for 3.7 billion dollars and

he's on that one tv show you might have

seen i asked him to do the interview and

with no hesitation he said sure i'm

gonna go right now we're here with kevin

o'leary big fan of this guy i've learned

a lot from you my question to you is for

a beginner what would you say is the

best way to make money with crypto you

know to start small um

crypto requires a little education and i

think

everybody doesn't matter who you are

should basically get a centralized and

decentralized wallet so you understand

what the difference is and then put in

200 bucks and you'll lose it that's

what's going to happen but you'll you'll

figure out who hacked you why they

hacked you uh what you did wrong about

security everybody loses money in the

beginning and then you start to

understand how important it is to

understand what what these how these

wallets work but start with the basics

i'd suggest work with five coins and you

definitely want some ethereum you're

gonna need it yeah definitely um and you

want some bitcoin the granddaddy of it

all but also check out solana look at

polygon you know look look at some other

ideas

and just start to work with them move

them between your centralized and

decentralized wallet understand how that

works there's so many great resources

like you

online that you can learn from and if

you go to youtube it's just countless

lessons yeah that's what i did i did

that three years ago and i started to

really get down the rabbit hole i feel

i'm learning every day continually but

i've got a ton of money invested yeah

and i'm you know i mark to market it

every day and the volatility is you know

nosebleed but that's the nature of where

we're at in the cycle yeah well thank

you kevin i really appreciate it man

have a great day thanks okay bye

everybody that is the face of

accomplishment i was feeling great after

the press room so we decided to go

explore the rest of the conference and i

saw the challenge of a lifetime if i

could stay on the bull for two minutes i

would win a free bitcoin which is like

40 000

and i was feeling like i got that all

day i walked up there ready to claim my

throne as the king of the bitcoin bull

but unfortunately i only lasted about 24

seconds and these guys laughed at me so

to get my revenge i needed another great

interview asap we explored the

conference for about an hour couldn't

find anybody but then i ran into an old

friend of mine brian john he's a highly

successful investor and has one of the

largest crypto channels on youtube

here's what he had to say brian my

question to you for beginners what is

the best way to get started and make

some money with crypto

if you're a beginner when it comes to

crypto don't be afraid to make mistakes

i know a lot of people get intimidated

by investing and they see stable coins

bitcoins all coins she but you know

millionaires there's just a lot going on

but what i'm gonna say is don't be

afraid to slip up the best investors

make mistakes but all you have to do is

make sure you do this one thing right

here you want to learn from your

mistakes if you make 100 mistakes if you

don't learn from them you're not going

to get anywhere make your mistake make

note of it learn from it move on and be

a better investor well said bro thank

you it was great catching up with brian

and he shared some amazing advice but i

was on a mission to meet one man today

this man is michael saylor he's the

owner of microstrategy which holds more

bitcoin than any other public company in

the world as of today his company is

estimated to have almost 125 000 bitcoin

which is worth around 5.2 billion

dollars but i couldn't find this man

anyway so right now we are not really

doing that well i haven't really talked

to anybody in the last like two hours

and we're running out of time here so i

searched the entire place did a podcast

and even met up with some subscribers as

we were ready to give up though i

noticed something when we were walking

through the hallway we just saw michael

sailor go in that room over there and i

think we're gonna get him on the video

no joke i literally waited outside this

man's room for over an hour but after a

while the waiting paid off because he

came outside and i had to shoot my shot

and i wanted to ask you one quick

question 30 seconds for this video if

you don't mind thank you so much okay

are you jordan yes sir okay

nice to meet you by the way i'm gonna

make fun of yours so uh all right guys

you can do it inside if you want that

would be great maybe let's do it i mean

i only got five minutes maybe one minute

we'll be less than one minute i knew it

would probably be more than one minute

but you got to do what you got to do all

right we're here with michael saylor one

of my biggest inspirations in this

crypto world and i have one question for

you so i saw today that you're more

bullish than ever on bitcoin what do you

see for the future of cryptocurrency and

for beginners how can they get started

in this world i think you're gonna see

um crypto technology built into lots of

more mobile apps and you're gonna see an

explosion in digital wallets that are

holding bitcoin and also stable coins

and increasingly as lightning rolls out

you're going to see websites and mobile

apps build the protocol into all their

offerings so that people can move money

around at the speed of light

cross-border

everywhere right making it more

accessible for everybody yeah i think

there's an explosion and and

accessibility to money and i think also

the people are getting frustrated there

are billions of people who can't get a

bank account and there are billions of

people that want to move money on

saturday

and there are billions people that want

to move money between africa and south

america and asia and the us and

you know if i go to my

pay app and i click send you know i get

rejected a third of the time myself even

if i'm trying to send it to someone here

in the united states so so i think that

most of the world is thinking it ought

to be fast and easy and ubiquitous and

crypto technology lets me do it and 20th

century

technology doesn't and lastly for the

beginners out there who are just getting

into this world smaller budget maybe

what could you say for them

i think the first thing to do is educate

yourself if you go to hope.com there's

lots of free education uh my website

called sailor.org has bitcoin for

everybody yeah it's a 12-hour class

so read the books uh like the bitcoin

standard listen to the videos take the

class

education is free you should you should

never

invest money or do anything based upon a

rumor or a whim or an urgency you should

learn right this is a this is like

electricity in 1900

it's going to change the world and you

might want to figure out how it works

yeah i agree thank you mr sailor we

really appreciate it yeah my pleasure we

really came a long way today i was

feeling amazing we did what i said i was

going to do at a high level this is what

we do man

they have no idea that i interviewed

michael saylor

today has been way better than i even

expected and i just got invited to go to

a private event on a yacht so

you know i gotta go to that

we officially made it out here on the

crypto yachts and man all i can say is

that we are way too blessed i went to

the bitcoin conference not having any

idea who i was gonna meet and who i was

gonna talk to and we made it here with

some amazing entrepreneurs investors and

overall just good people don't be afraid

to put yourself out there network meet

new people because i'm telling you it's

so worth it but now in honor of

cryptocurrency i'ma have some fun

[Music]

bitcoin conference we came we saw we

conquered learned a lot met some amazing

people and i'm gonna be giving away a

thousand dollars in bitcoin so drop a

comment follow me on instagram to enter

and i'll see you guys in the next video

peace

let's go she want the info dude i wanna

talk about crypto this is ga tv