PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I know this life meant for me.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
Yeah, thanks.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I'm from Southern California, like you, and I cut my teeth buying bank-owned repos right out of high school.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
Bank-owned repo.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
In the mid-'90s, the banks were sitting on a glut of repos after the housing crash in California from, like, 89 to 92, and they were giving away zero down.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
And so I was fixing and flipping them up inβ
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
a young white boy up in south central compton watts yeah that that's what we did that's that's what we did and uh straight out of compton i built up uh two different tech companies a high-tech medical equipment company uh internet company that i started in 2001 after the dot-com crash got laughed out of the room uh two big exits but then 2008 came and when i got
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
knocked over the head, let's just say, right?
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I was all in Southern California real estate, which is one of the worst markets in the world.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
It made me go, shoot, I'm pretty good at business.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I made a lot of money.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I've had some big exits.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I've built some big companies.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
But what is this global financial system that just has all this power over my life and I'm not even paying attention to it?
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
So after dusting myself off and vowing to my wife that this would never happen to us again, then I've spent the last, whatever now, 12, 15 years digging into macroeconomics and understanding the financial system, and I quickly understood that it's fiat currency and the over-leverage in the debt system, and I became a gold bug.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
Then I became a Bitcoin guy, and now I'm a sound money advocate.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
And I've been now talking about Bitcoin and macroeconomics on YouTube, as you mentioned earlier, for about seven, eight years now, speaking on big conferences.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I have a venture capital fund.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
We fund Bitcoin companies.
PBD Podcast
Trump's Credit Card CAP, Musk's Iran Move, 50% OnlyFans Tax + Efran Soltani Execution | PBD Podcast | Ep. 718
I sit on the board of two publicly traded Bitcoin companies and just trying to spread wealth.