UFC Fighter Is ALL-IN on Bitcoin

UFC Fighter Is ALL-IN on Bitcoin

all right guys bang bang I’ve got ronado
here uh you went viral on the internet
for this amazing speech after your most
recent UFC fight and you were talking
about defending Liberty the importance
of private property rights uh you
suggested people go read lwig Von me’s
six lessons I think everyone said wait a
second how is it that a UFC fighter May
understand economics and the importance
of these ideals more than our government
or the people who are running our
economy and so I thought a great place
to start is just like you grew up in
Brazil now you live in the United States
States what are the lessons that you
learned growing up in that environment
and now coming to the US where maybe
it’s supposed to be a little bit
different yes I think it’s a lot of
difference if you understand like the
difference between the Brazilian
Constitution and the American
Constitution uh it’s it’s a huge
difference you know because especially
uh the way the founding fathers they
made the Constitution what they they
were trying to protect right individual
uh individual freedoms so you can speech
you can defend yourself you have the
right to keep the stuff that you work
for so when people say private property
what is private property it’s just you
uh using uh uh enjoying the fruits of
your labor is not it’s not uh it’s not
nothing different than that so if you if
you uh if you have a house if you have
money if you have uh ways to produce you
you have to keep them and and I think in
brail people don’t think like that we
have like a strong socialist and uh and
communist mindset so they think we we
need to share everything we need to uh
in Brazil they want always more
government they want all more control
and when I got here in America I saw not
everybody not everybody but some people
right they they like the Constitution
they praise the Constitution they praise
Liberty the individualism you know uh
the classic liberalism the things that
made America great and and then I start
to realize man in brail is so different
let me see why and then I start to to to
to to dive in American history American
Revolution and and and all that aspects
of why America was founded and and
compared to Brazil and completely
different Brazil always is trying to
copy America but in a bad way you know
so we we had a monarchy in Brazil and
and we had like a Military Coupe and
they put like oligarchs you know what
was not like in America we have the
founding fathers and then you have
Bejamin Franklin and you have George
Washington and he didn’t even want to be
people want him to be the King right and
he say no let’s do like a republic let’s
keep the Constitution let’s keep like uh
people that produce voting it’s not like
a democracy it’s not like everybody’s
voting because not everybody is
producing in Brazil is different they
they took the power for the monarchy and
they give to to to reach families into
oligarchies that was Swit in between
power so Brazil is corrupt because of
that I think because his its foundation
so I
think when I start to look into this and
that’s why that’s the difference but
right nowadays I I think I think people
not realize that the Republic is
degenerate into a democracy and they
think everybody uh even people that
don’t produce they have the right to to
to to enjoy the the the fruits of of the
labor of somebody else and that’s why I
was so invested in in luding VES and the
right in the right of the private
property so when you started to go down
this kind of rabbit hole and you wanted
to learn more about it I would say that
just talking to you for a few minutes
you are better educated on American
history and some of the ideals and
foundations of the country than people
who grew up here their entire life right
and so um why did lwood Von me and the
six lessons like why did that speak so
much to you and and why did you feel
compelled after the fight to on a
national stage tell everyone hey go read
this book there’s a lot of things you
could have said but you told people to
go read a very specific book actually I
know you guys are a huge crypto
community and I’m I’m really into the
Bitcoin again not because so people
think I love America and I like America
and I love Brazil I love America but
most for most and most I like the
principles you know the principles
because I don’t think you are special
because you born in America I don’t
think I am special because I’m born in
Brazil I don’t have pride and and think
and things that I am natural I’m Pride
on what I do you know on my principles
and America I think it’s the same I
think Americans American people citizens
they should be proud of the Constitution
because the laws uh it’s just about
institution right if you if you if you
have incentives to be bad you’re going
to be bad if you have incentives to be
good and Bitcoin is like that all the
right incentives to keep to keep like uh
like scarcity right
decentralization uh so the principles of
Bitcoin that got me into the this habit
role and after the fight I am so uh
invested in Bitcoin meaning that I like
the protocol I like the technology I
like I like the revolution to take the
money out the government you know so
they cannot print they cannot control
they cannot tax of course they can tax
Capital games you know but at the same
time um let’s say if the if the shits go
South right you have your and you have
your your Bitcoin on your custody right
you could move country so it’s like a
it’s like a boat it’s like a life boat
Bitcoin I see like a life boat so uh I
wanted to talk about Bitcoin I want to
talk about uh but I thought man if I go
over there and talk about Bitcoin people
will just uh miss the point you know
because I I knew like people involved
with crypto in Bitcoin they would say oh
look at this guy he’s talking about
Bitcoin but the public they they don’t
understand they think it’s a scam so I
thought okay I’m going to talk about the
same principles but I I will try to
bring to a broad audience and I will
talk about like classic liberalism and
lud VES and people from Bitcoin will
understand and people that are not from
Bitcoin they will try to look into they
will try to read the books and maybe
they get what I’m saying and I think a
lot of people did yeah that’s very smart
is to uh basically talk about it without
mentioning the word I think is is a
clever way to to try to almost red pill
right a large portion of of people what
has the response been after you you know
again talking about uh private property
rights defending Liberty the US
Constitution uh some of these different
ideas like it seemed like on the
internet people were really receptive
was there any negative uh feedback some
people in Brazil they say like I am uh
praising too much America praising too
much the USA that I’m like licking boots
and stuff but at the same time I don’t
care you know why because I’m not
defending America I’m defending the
principles it’s like the blockchain you
know it’s something deeper than Bitcoin
it’s something deeper than than than
make money you know I start in Bitcoin
as a as a how they say like like a
speculative right I want to make money I
want to but now that I understand there
is so much things involved on crypto and
Bitcoin that that it’s not only about
money it’s like principles and in
America it’s the same you you know uh
was the first man the constitution of
America how many years they we have the
Constitution and it it keeps at uh it
keeps how do I say that if you look it’s
the same thing that we’re fighting for
like Freedom rights and it keeps uh like
something from from the present you know
so it’s old but we still can apply today
so I don’t think we need to change I
think we still have to conserve the Valu
and the principles that make America
great but some people don’t like right
some people like that’s why I tell
people read the book he will explain
about capitalism socialism
interventionism like inflation uh
Investments and politics and ideas and I
think the the book is so good because
it’s easy to read I’m not a scholar I’m
not a smart guy and the way he talks you
can really understand so see what he’s
talking about and then you’re going to
understand is we have the same problems
over taxation the government printting
money the debit is is like how how much
is the debit 37 37 billions or something
like that we are spending more money
than are we making but the government he
has this this free card of printing
money and they can get its way out of
debit to printing money and to taxation
You by inflation is all about that you
know yeah what what’s uh for those that
don’t uh know the book or haven’t read
it before it’s basically transcriptions
of speeches that he gave in Argentina a
couple decades ago and and uh he goes
through both kind of history but also
these mental Frameworks and one of them
is capitalism versus socialism and
what’s interesting is you’re basically
saying again overgeneralization but
Brazil is more kind of socialist and
America tends to be more capitalist um
what about the people in Brazil are they
interested in Bitcoin are they more so
trying to use stable coins like what
what do you see with either your friends
your family people you know in Brazil
and kind of how they’re interacting with
these technology
most of people that I talking to Brazil
they don’t know about crypto they don’t
know about
uh the principles of of the blockchain
so it it would be hard for me to say
because every time that I go to Brazil I
usually don’t talk about this don’t talk
about economics so but I know a lot of
people are starting to realize that but
not on my personal Circle you know so I
cannot give you a a accurate answer on
that but
definitely is less people than America
yeah you think in America people are
more aware of this stuff than maybe in
Brazil just with the people you interact
with I think I think so but but it’s
hard to say because most of people that
are interacted right they have the same
principles as me so it’s like a bubble
right so everything that I talk to they
think that what I’m doing is amazing but
I’m pretty sure there’s a lot of people
that don’t like me but again uh I think
that’s important that’s freedom of
speech that’s uh I want people to to to
talk [ __ ] about me I don’t care you know
you have to be strong you have to do
what you what you believe so right so I
I usually I don’t think too much about
that but most of people that I live with
and and talk to they are on the same
boat so talk about America and kind of
your analysis it felt like uh when you
brought this up you knew it was on the
national stage you obviously thought
about it in advance and kind of what the
right uh positioning was were you
issuing a little bit of a warning were
you saying hey America may be moving
away from these ideals and these
principles and actually you as the
people should go and educate yourselves
on it to make sure that that doesn’t
happen now you tell me right we seen
like the the the welfare and the social
programs like I know a lot of I know
people love free stuff and I saw that in
Brazil and in Argentina and if you keep
it doing that how are you going to pay
because that is one point and the book
explained that to like big time
uh when you start this interventionism
it’s it’s very hard to stop because we
live in a democracy the the
representativ they have to be voted on
so imagine saying hey we’re gonna we’re
gonna stop the programs we’re not going
to give you money who is going to vote
for the guy so the populism and the
interventionism they are so tied that’s
almost impossible when you like let’s
say Medicaid right how much money the
government is spending on Medicaid and
then social programs imagine if they say
no we have have to be responsible the
debits too high we’re going to stop the
programs who we going vote for uh and
this Administration they keep uh doing
the populism right they keep saying they
keep bringing more people they keep uh
they want to tax more did you see uh Joe
Biden wants to tax on a 42% the the the
capital gains and that’s never work we
saw on Brazil we saw in many other
places like if you tax the rich they’re
going to leave because they don’t want
to get hurt by that we saw that in
France right a lot of billionaires and
millionaires they move out be looking
for like taxfree paradise because that’s
it the money and the capitalism system
what is capitalism you want to to to
keep as much as money as possible it’s
it’s create wealth and I don’t and back
in the day I didn’t realize that but the
government they don’t they it doesn’t
create healthy wealthy for the other
they take wealthy of the rich people to
give to to to poor people but the
problem is not only that’s immoral and
that they are very bad at doing that so
when you know that’s the problem they
take your money and they are very bad to
because if you see politician most of
them they are not very good businessmen
even though like some of them like to
trade the stocks and stuff and they
doing pretty well and it’s really and
it’s it’s very hard to know why in the
personal life they are not creating
business they are not creating jobs they
are not creating wealth so how they can
manage you your money in the best
possible way they they don’t because in
the end of the day they want to be on
the on the power one more time so they
will do everything they will screw the
country to have their own agenda so
that’s my whole problem with that yeah
it’s um it’s this weird thing where the
people who have generated enormous
wealth obviously are good at capitalism
right like they’ve created the jobs
they’ve built the businesses they’ve
driven the returns and investing and
Taxation especially egregious high
taxation takes from the best capital
allocators and it gives it to the
government who historically have been
the worst capital allocators and so the
definition of destruction of wealth is
to take from good capital allocators and
give it to uh bad ones now there are uh
many programs that the government puts
together uh or spends money uh how do
you think about uh maybe things that the
government does do well are there is
there anything that they are good at
doing uh or is it something where you
think hey maybe we actually should
operate in a system where allow the
markets to try to solve these problems
today’s episode is brought to you by
propy imagine a world where you could
buy and sell your home wallet to wallet
with prop Keys you can mint your home
address and upgrade it to a real world
asset this not only protects your home’s
title from fraud but when you ready to
move you can sell it through an nft
auction as well as through the
traditional way there’s optionality here
propy Keys is part of the propy
ecosystem their mission is to make home
ownership more efficient affordable and
userfriendly propy key is a fun entry
point to placing title on the blockchain
now anyone can start their onchain
journey by miting home addresses via
propy keys and staking them for profit
until they are ready to sell their home
visit propy keys.com to learn more again
that’s propy keys.com to learn more it’s
very hard to me because like again I’m
not a special specialist but as I read
and try understand I don’t think the
government does anything right the only
thing that the government should keep
doing right is protecting the country
right police enforcement like Army
everything to keep the
the the country safe I think that’s the
the main reason because if you but if
and the interventionism the what they
say on the book is like every time they
they make a decision it it it might
seems good but in the end of the day
will affect the the market and the
industry right
because he talks about the milk nobody
be opposed to lower the the price of the
milk so more kids could uh have milk and
like with that be smarter but if you if
you if you put the prices down you’re
going to affect the way uh the they
produce the milk like the cow’s food and
the whole industry going to suffer from
that so this interation system is like a
domino effect so it’s going like Cascade
we’re going to affect the whole market
and then they will try to fix fix the
prices and then it’s like a Cascade so I
think government should stay away from
from from the market and just care about
the justice system right police law
enforcement and army that’s my opinion
but again I don’t like to talk too much
about about parties and policies I like
to talk about principles you know and
and again I’m just new to that stuff I’m
just seeing what and I’m trying to talk
my my mind I’m not a specialist so
that’s is just my opinion yeah listen
but but uh you’re doing something that
seems uh like it is important but many
people don’t do which is you’re trying
to go find information you’re trying to
learn you’re putting in the hours and
the time to read books to talk to people
to elicit feedback all those things that
help somebody get educated about it
right um I I always uh whenever I see
people talking about this they everyone
starts out of the same uh level we don’t
know anything and you have to go and you
have to get started and so reading or or
listening to interviews talking to other
people that’s how you learned which I
think is pretty important how do you
feel uh along kind of these principles
it feels like you know in the United
States we’re coming up on an election
year you’ve got Joe Biden and uh Donald
Trump are going to kind of go
head-to-head um one of the things that I
see lots of people talking about online
is there’s one Camp of people who say
you know uh Donald Trump broke a bunch
of laws the courts are going after him
they’re going to punish him for whatever
he ended up you know doing or not doing
and and kind the court of law will will
uh be the judge there other people are
saying wait a second this is like other
countries in South America am or or in
Africa Etc where um actually it’s one
political party trying to uh prosecute
their political rival and so you know
you grew up in Brazil but also there’s
many countries that are you know in and
around Brazil that some of the times
this does happen and so like how do you
kind of look at that as somebody who’s
come to America and spending time now
trying to understand the principles of
the
country first of all what about you say
about learning is like it’s like on the
Bitcoin space right don’t trust veryify
I think everything that you that you
want to learn don’t take it for granted
like don’t just listen to people say
what they have to to talk talk with them
say what they have to say and then you
verify and then you buy books and then
you go to the internet and see different
opinions uh again I I
think it’s all about populism so I think
Biden will spend a lot of money
especially in 2024 to get reelected his
popularity is very bad they are trying
to crucify Donald Trump they are trying
to take him out of the the election
through through Maneuvers and through
schemes right with the the the justice
system again but I don’t think anybody’s
a sent I’m not saying uh Donal Donald
Trump is a scent but at the same time I
would say of course he would be much
better for America than Joe Biden
especially because he’s being an
entrepreneur he he is having success on
his personal life with business and
stuff of course he will do good for for
the business man and for the
entrepreneurs so uh I really don’t know
what’s going to happen but I don’t see
Joe Biden winning this election but
again could be just my perception
because the people that I con the people
that I uh live right the people that I
talk the people the the people on the
gym they all have the same political
spectrum of of myself yeah that uh that
that makes a lot of sense what are the
things that um have surprised you the
most about America as you’ve been living
here and and given this kind of lens
that you have with uh these kind of core
principles do you feel like America is
uh continuing to kind of live up to
these or is that why you’re so
interested in it is because you had an
expectation of America and then the
reality is something different no I got
here 2017 2018 it was very very
different you know I think this covid
years Chang America for good like very
very deep uh because when I got here I I
remember asking myself oh especially in
Florida right everybody had a job
everybody had houses uh the the market
was going very good you know the people
buying houses with like 2% interest in
very good houses and then and then we
have 2024 and I saw a lot of people like
no jobs a lot of people like struggling
and mentally because we saw that you
know I there is one book that I like a
lot is 1984 that talks about uh like a
socialist government like strong
government Central Power and I think
that that what that was what happened
with covid right they took advantage of
that to try to control people to try to
keep people uh like inside their homes
like to and at the same time they use
the the Canadian economics right to
print money and give and give uh welfare
to the people and that and
that excuse me my word but [ __ ] up the
world you know because the world is is
like it’s globalized everybody every
every other country they use dollar so
America not only screw his own economy
but he it the the whole world because
everybody use the dollar as the to trade
and to me nowadays is impossible for a
guy of my age buy a house it’s
impossible you know that’s why that’s
what what I’m saying they they they are
trying to kill the American dream
because when I moved here I was
hoping to see a better country and I was
seeing a better country but
2024 a lot of people on the street so I
think the economics of it plays a huge
play on that we never seen America
printing that much money so of course
that will affect the whole world and
maybe we see a revolution but at the
same time that’s good for the the crypto
and the Bitcoin because more people are
uh were accepting that the government is
not good on on control your money so
they’re trying to find another ways to
keep the value to keep your money safe
so you it depends how you look it to to
to the problems right but for the for
the most part for the most people it’s
been catastrophic
2024 yeah that um that makes a lot of
sense uh the last thing I want to talk
to you about is uh inflation in Brazil
uh it’s not like Argentina inflation
it’s not over 100% it’s not you know
kind of uh out of control but it’s high
it’s been you know kind of five to nine
10% um and it’s been compounding year
after year after year at a higher than
2% rate and so um what are people saying
at home like is inflation just a part of
life and then they’ve just gotten used
to with kind of a little bit higher
inflation level always was always was
now doubt is not right now is not out of
control but the 70s on the 80s was like
Argentina like people uh people would go
to the grocery stores and they they were
buying like let’s say a soda or
something and they were CH change the
prices every 5 minutes so people would
go to the grocery stores and and they
would spend their all the the all money
you know so you got your money you go to
the what was like in every other place
on every other welfare place like uh the
the the viar Republic on Germany uh
Argentina all these places and why is
that because government doesn’t have uh
like austerity they don’t they don’t
have the the the
the money right so they just keep
printing money through populism to try
to give people what they want like to
give money and Welfare but in the end of
the
day uh Brazil is used to that and people
don’t realize and especially because
they put uh they put the like rich
people they put money on bonds and stuff
and they are paying well if you see the
inflation but at the same time if you if
you understand the concept of the
negative C of field you’re losing money
anyways even if they pay you 10 uh 10 20
I don’t know how much money for your
money on the bank you’re still losing
over time so one day that that that
system will collapse for sure because we
cannot it’s like you in your house you
cannot spend more than you make so one
day all the the social fair and the and
the in these welfare states the social
state they’re going to collapse in my
opinion
last uh last question I think people are
going to have is uh how do you think
about Bitcoin in terms of your life in
your portfolio do when you get paid do
you put 100% in Bitcoin do you buy a
little bit of Bitcoin uh are you trading
Bitcoin like just talk a little bit as
to like uh you’ve done all this work you
you’ve understood the principles right
you you you are uh confident enough to
at least go out and talk to other people
about this so how do you think about
Bitcoin in your own life that that
that’s a good question nobody asking me
that and I start to I start to to try to
learn economics to like the markets
right to the SP 500 and what I do is I I
I don’t have enough information I don’t
trade I’m not comfortable to trade you
know I don’t think you should trade
Bitcoin so I do dollar cost average you
know so every month I put a little bit
not much but because we never know if
the price is going uh down I tend to buy
more if the price is going up I just
going to put a little bit but definitely
I don’t put everything that I own that I
have on bitcoin but again every time
that I study more that I learn more I
start to put more money you know but
again I never know I don’t have enough
uh ability to track the market so that’s
why I set up like automatic payment so
every month I buy a little bit of
Bitcoin I love it that uh that makes a
ton of sense where can uh where can
people go follow you on the internet or
if they want to uh to learn more as you
kind of go down this Learning Journey
and keep sharing your thoughts uh where
can they get that information from you
uh I have a YouTube channel but mostly I
talk about MMA right but now and then I
went live and talk about Bitcoin money
moo Channel I I have a a very good
podcast I just start a good podcast with
another UFC fighted and you talk about
fighting is show me the money podcast so
you can go through my social media and
and
and sometimes I’m doing podcast with on
this mon Moon Channel too but like about
Bitcoin about economics and if people
want to hear me about that that would be
great too go to mon moonu Channel I I
remember after the fight you said Joe
Rogan’s gonna be your first guest on the
show me the money podcast that was that
was excellent hopefully he will uh he’ll
do it yeah he’s not gonna be the first
but one day I hope he he goes to my
podcast awesome well ronado thank you so
much for doing this and we’ll definitely
do it again in the future thank you so
much my friend

Renato Moicano is a UFC Fighter who went viral after his most recent fight, talking about defending liberty, importance of private property rights, and suggest everyone read the 6 lessons of Ludwig Von Mises. In this conversation, we talk about the lessons he has learned from Brazilian constitution vs American constitution, private property rights, why he suggested Ludwig Van Mises, principles of America, why he views bitcoin as a lifeboat, capitalism, national debt, taxation, upcoming elections, inflation, the responses he has received, and crypto in Brazil.

In this podcast, we dive into the revolutionary concept of PropyKeys, an application that allows anyone to mint home addresses all over the world on blockchain. PropyKeys.com is a part of the Propy ecosystem, that has a grand mission to make homeownership more affordable and user friendly. We will explore the journey of Propy’s founder and how this innovative technology provides benefits for homeowners, and for the real estate industry. Join us as we discuss the Propy’s latest collaborations, including Coinbase, and its new fun project PropyKeys. X (Twitter): @PropyKeys
Website: Mint an address at propykeys.com. dApp: https://dapp.propy.com/

Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/

View 10k+ open startup jobs: https://dreamstartupjob.com/
Enroll in my Crypto Academy: https://www.thecryptoacademy.io/

Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
Website: https://anthonypompliano.com/

#AnthonyPompliano #Pomp