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Cameron Herold

👤 Person
714 total appearances

Appearances Over Time

Podcast Appearances

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

And why should anybody say tax the rich more before we say get rid of the waste first? let's get rid of the obvious waste, and then if we need to tax some people more, sure, let's look at that. But let's not go out as a family and say, let's go get three jobs when we can get rid of some of the waste at home. Maybe we don't need three jobs, right?

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

And why should anybody say tax the rich more before we say get rid of the waste first? let's get rid of the obvious waste, and then if we need to tax some people more, sure, let's look at that. But let's not go out as a family and say, let's go get three jobs when we can get rid of some of the waste at home. Maybe we don't need three jobs, right?

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Okay, so this is what a lot of people don't know about me. So 1-800-GOT-JUNK was the fourth company that I'd built. The third company that I'd built was a private currency company. So we did what Bitcoin is doing today back in 1998 to 2000. We had 30,000 companies buying and selling in the United States using our digital currency instead of the US dollar.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Okay, so this is what a lot of people don't know about me. So 1-800-GOT-JUNK was the fourth company that I'd built. The third company that I'd built was a private currency company. So we did what Bitcoin is doing today back in 1998 to 2000. We had 30,000 companies buying and selling in the United States using our digital currency instead of the US dollar.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

We had Starwood Hotels, the Olympics, Avis Rent-A-Car, Bose Stereo, Hard Rock Cafe, all using our digital currency. It was backed by nothing other than the promise that other people would accept it. So I understood alternative forms of payment very early on. In 2014, and all of my posts are still on Facebook today, you can look up Bitcoin

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

We had Starwood Hotels, the Olympics, Avis Rent-A-Car, Bose Stereo, Hard Rock Cafe, all using our digital currency. It was backed by nothing other than the promise that other people would accept it. So I understood alternative forms of payment very early on. In 2014, and all of my posts are still on Facebook today, you can look up Bitcoin

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

and then look up posts by Cameron Herald, you'll see all my posts, 2014, 2015, that I started accepting payment for Bitcoin back in 2014. I started accepting payment with Ethereum in 2017, and I started acquiring Ethereum and Bitcoin both in 2017. I've been buying more almost every single week since 2017.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

and then look up posts by Cameron Herald, you'll see all my posts, 2014, 2015, that I started accepting payment for Bitcoin back in 2014. I started accepting payment with Ethereum in 2017, and I started acquiring Ethereum and Bitcoin both in 2017. I've been buying more almost every single week since 2017.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I bought more three times in the last couple of days because Bitcoin came back down to 78,000. Me too. I've been buying. I can show you my transactions. Every week, I have an auto buy on Bitcoin. And every time there's a big crash, I do another tranche of Bitcoin. I still only own two coins. I only own Ethereum and Bitcoin. I'm slowly converting most of my Ethereum off.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

I bought more three times in the last couple of days because Bitcoin came back down to 78,000. Me too. I've been buying. I can show you my transactions. Every week, I have an auto buy on Bitcoin. And every time there's a big crash, I do another tranche of Bitcoin. I still only own two coins. I only own Ethereum and Bitcoin. I'm slowly converting most of my Ethereum off.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

The reason I even got into Ethereum was I'm friends with Vitalik's mom and dad, Dmitry and Maria. We're part of a mastermind community together. So I got introduced to Ethereum online. when it was $200 a coin. But yeah, I've been in Bitcoin since when my first post was $450 a coin. So my kids both buy Bitcoin. All my clients are engaged in Bitcoin.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

The reason I even got into Ethereum was I'm friends with Vitalik's mom and dad, Dmitry and Maria. We're part of a mastermind community together. So I got introduced to Ethereum online. when it was $200 a coin. But yeah, I've been in Bitcoin since when my first post was $450 a coin. So my kids both buy Bitcoin. All my clients are engaged in Bitcoin.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Every single week, I think you should be buying some. But I now have a substantial portion of my net worth in Bitcoin. And it's one of the reasons why I'm also now based in the Emirates. I'm a resident of Dubai. My company is based in Dubai. They have very favorable tax strategies for a Canadian living overseas. So that's one of the reasons why I'm based there now too.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

Every single week, I think you should be buying some. But I now have a substantial portion of my net worth in Bitcoin. And it's one of the reasons why I'm also now based in the Emirates. I'm a resident of Dubai. My company is based in Dubai. They have very favorable tax strategies for a Canadian living overseas. So that's one of the reasons why I'm based there now too.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

As a company, if your company has a lot of cash, then yes, you should put some of your cash into Bitcoin as a strategic reserve and hold there and hold for five years. Just buy and hold, buy and hold, keep some there, and then invest in other things too. That's great. I don't think a lot of the countries that are talking about buying Bitcoin...

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

As a company, if your company has a lot of cash, then yes, you should put some of your cash into Bitcoin as a strategic reserve and hold there and hold for five years. Just buy and hold, buy and hold, keep some there, and then invest in other things too. That's great. I don't think a lot of the countries that are talking about buying Bitcoin...

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

should be talking about buying it because they should be paying down their debt first. Like the United States is effectively bankrupt. When you're sitting on $30 trillion in debt, you don't have any money to be buying as a reserve. You should be paying off some of your debt and getting rid of some of your deficit so you're not adding to your debt every year

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

should be talking about buying it because they should be paying down their debt first. Like the United States is effectively bankrupt. When you're sitting on $30 trillion in debt, you don't have any money to be buying as a reserve. You should be paying off some of your debt and getting rid of some of your deficit so you're not adding to your debt every year

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

But if you don't have any money, it's like as a homeowner, if I don't have any cash, how can I go buy something? So I think the countries that should be buying, and they will be buying, are the Saudi Arabias, the Dubais, the countries that are actually living within their means, they're gonna do well.

Finding Peak w/ Ryan Hanley
The Secret of $100M CEOs – Cameron Herold

But if you don't have any money, it's like as a homeowner, if I don't have any cash, how can I go buy something? So I think the countries that should be buying, and they will be buying, are the Saudi Arabias, the Dubais, the countries that are actually living within their means, they're gonna do well.