Fin Creighton: welcome back to the show today we're joined by Matt Webb Australia connected with him through to ⁓ other Aussie Bitcoin legends Matt how you doing thanks for jumping on

Mat Webb: Yeah, good. Thanks, mate. Thanks for having me.

Fin Creighton: Yeah, coming in clutch last minute. I meant to have a guest on this morning. He pulled out and I need an episode for tomorrow. So you're coming in clutch, but actually come a good time because I've had quite a few people recently asking for more everyday Bitcoiners ⁓ that they can see themselves and better understand how an everyday person seeing it as opposed to say a multimillionaire super wealthy person. Not saying that you're not that, by the way. But to get us started, I guess, was it about Bitcoin that got you guys interested ⁓ where, did you see the world going for Bitcoin to make sense?

Mat Webb: ⁓ it's definitely not me, but maybe soon. Basically it all started through 2020, COVID lockdowns etc. so much Bitcoin there but really being aware of what's was happening to us and the overreach and the control at the time. That uncertainty and that real that real awkward feeling of ⁓ not up here. What's the problem? Which is a great video that got us really started on Bitcoin if I can... focusing on the Bitcoin side of things. We had the shitcoins for a while, just dabbling around and then with the number go up, just with mates at work and chit chat and grab this one and this fart coin and this, this coin, this and that. We just really didn't understand it. We just chucked some money in there and watched them go backwards for a while. And, Yeah, that was probably more my wife, Bobby, that really started on the Bitcoin side of things and the distinction between Bitcoin and all the other shitcoins. Bitcoin itself started to make sense through the video, What's the Problem by, well, the YouTube video, about a 40 minute video by Joe Brian. ⁓ that was the That was the one that probably brought me on side, well, wow, this is really different.

Fin Creighton: Yeah, great video.

Mat Webb: and looking at it from the perspective of where the money's broken and that tied in with the control in our eyes and the overreach and yeah, the money's failing so things are getting pretty bloody weird at the moment so yeah, that would be our beginning and our start.

Fin Creighton: That's an amazing start point video for anyone. So you guys are lucky that that was one of the first things that got you interested and I'll drop the for that in the comments or in the show notes as well for people watching. With to shitcoins and Bitcoin, what was that you didn't understand at first that caused you dabble in the shitcoins?

Mat Webb: It would be down the protocol side, so not realising Bitcoin was the first, you know, the start of the offshoot technologies as we say. Seeing that large number at about, I don't know, it might have been around. the 40, 50,000 compared to an XRP at a dollar 20. seeing that and I always had it on my favourites list, but I never went near it. I just went, I can't buy that, it's too much. Not understanding Satoshi's and the denominations, know, yeah. You couldn't ⁓ understand at time the difference between the one and the other, just thought that's too much. I had guys at Werther that had it and it early, but I just thought, ⁓ it's got away from me. That's it. I'll never own it. But yeah to drill back into the the protocol side was that's the original and the rest seemed to flow off its volatility so and Then understanding that is it is a money It's not a stock or a bond or even now speculative asset. It's it's just another form of money. That's outside that very system that was at that time and still now even worse really pissing us off so it's it's the F you money

Fin Creighton: It is, it is indeed. That's my favourite way of explaining it, but to a everyday person, doesn't make too much sense. And since you understand Bitcoin and made clear differentiation between that, what do you say to people now that come to you perhaps talking about ⁓ shitcoins and to shill a shitcoin to you? How do you about... helping them to understand the difference between Bitcoin and all the other cryptos.

Mat Webb: That exact point I spoke to just now, think more see where the money's broken and where and why is the reason you're entering this type of investment. That would be my first thing. Generally, and I think most of us start off with the number go up, the investment side of things, well they're both an investment, the return, ⁓ or Fiat return, if I can say. There's a difference. Normally I point inflation, the true inflation, that's my angle, ⁓ and that's when get the, really, how do you come by that? 11%, I would say, is true inflation right now. the three that are crap on about the radio and blame people going on holidays and buying jet skis and boats on. That's fake government system. yeah, trying to distinguish between one being... ⁓ you know, a number go up and the other one being the original protocol, which is a whole new currency that will create a whole new different market as Jeff Boo says, you know, the market we've never experienced where everything should get cheaper, it shouldn't be getting expensive on the credit based system. So if probably ⁓ a answer in my mind on, yeah, the difference, but it's very hard ⁓ to to someone. straight up that doesn't see the problem, what's the problem. that's my angle. Like really, are you entering it because you want to shift your money outside the overreach that's pissing us off data that we all talk about? Or are you entering it to make a dollar and cash it back into the same money that we want to exit? So yeah.

Fin Creighton: Yeah, I love that way explaining it to people and I'm a big after bashing my head against a lot of doors that just weren't being answered. People have to feel a level of pain or have a level of want to understand and ask the questions because if you're just talking, even if it's truth to them, it just goes in one ear out the other ear. With regards to what's going on in the world, what bitcoin fixes that is broken, what's ⁓ pissing you off the most around what's going on in the world that makes you passionate to try and fix.

Mat Webb: Basically, again, our leadership, mate, is just piss-weak. Our mediocrity of government leadership is just crap. So, we've up an SMSF, myself and my wife, Bobbie, and that's where we've changed and invested with Bitcoin, a large proportion of it. Having your money in your control and being invested where you want it invested, not in all the... all the cronies in government, all the bureaucrats, all their mates, where all the money's being kicked around, legislated towards their companies and their mates' companies with climate change and wind farms and all the rest of the bullshit that seems to making everything so much more expensive, which is taking out of our pocket at the end of the day, we now have control of our money outside where they're using our tax payers dollars and our superannuation. lot of it gets diverted to places and invested that we don't even ⁓ where it is. No one really looks at their superannuation. for us, that's fix to the daily conversations I have with workmates, anywhere, the dinner table at parties or just family discussions. It's more like we all complain about the same thing. But what are we actually doing? I think they just laugh at us. They all ⁓ now. The government knows we all. ⁓ Pissed off with them, right? got the uni party. You've got there's no alternative. So I Think the biggest the biggest thing I feel is the way we've actually ⁓ that behind in a sense and just done our small bit ⁓ Just remove our money from the very system again that just fucks us over daily

Fin Creighton: Yeah, that was going to be my next question regards to what are the positives. ⁓ I love that message you just shared. Jeff Booth talks about it is it doesn't have to be this 100 % overnight that the whole world changes, but you yourself can decide with your time and energy where you're going to operate from, whether that's in this broken fiat world or in the Bitcoin world. And what you guys are heading towards, which is ⁓ super super exciting and and you're already in let's be honest ⁓

Mat Webb: Yeah, and it's been a ride, you know, and it still is, but it's that part there that I've just spoke about, if I could just say it quickly, that that's the conviction cement, that makes sense, that's the bit that keeps you convicted in the game through the volatility, through all the noise and the fud at the moment. That's the bit that you're like, no, I'm happy. I'm happy where we are now because this is what... This is what we all need to do individually instead of standing around complaining. So, yeah.

Fin Creighton: Yeah, we'll dig a bit deeper into that actually. So in terms of the conviction and stuff, is this your guy's first year cycle, if you want to call it that?

Mat Webb: Yeah, 100 % mate, yeah 100%. And this is where the soul searching and the, if I could say, our spiritual side really does enter the fray lot. Especially explaining to people, it's pretty much crickets at the moment with what's going on with the price, with the guys with the number go up at work, which I call Bitcoin tourists, but they're getting there, there's few there. It's definitely getting a lot more spoken about. But not so much now. Like more when it was flying up it was, yeah everyone was coming to me, Webby at work and asking me all about what's going on and what do we need to do and now it's just like, yeah, crickets.

Fin Creighton: Yeah, no one's interested. And how have you guys a family navigated the volatility with it being your first cycle?

Mat Webb: trying to buy more mate, being more of a tired arse. Probably going out a bit less, we don't go out much anyway. yeah, not buying things we don't need to and putting any extra DCA in every week, which we've been doing for a while now. And now I mean, yeah, just say DCA and anything spare is in, is just because we're buying at a lot better rate than when we first started. So it's on discount. ⁓ know Zane Trust got, ⁓ in a... ⁓

Fin Creighton: Let's go.

Mat Webb: success circle with him. This is how we started out. He often talked early on about just get yourself 0.1, just 0.1 of a Bitcoin. And at the time that was $17,000 at 170 Australian a Bitcoin. And that's what we were doing. I mean, and now, you know, we just bought another chunk the other day at 0.1, it's 10 grand. So you're almost Dublin. yeah. That's it.

Fin Creighton: buy one get one free if that was in the shop the whole world's racing for it

Mat Webb: Yeah, get in and get some. So only going to get better from here. yeah, just keep removing our money from the system. That's our motto. ⁓

Fin Creighton: Yeah, that's it's such a great to look at it. I posted on Instagram ⁓ yesterday, the video I posted on X the other day about being pissed off with the if you could just everyone realizes if you just withdraw and vote with your money, then the world is going to become a better place. And it sounds like you guys have already done that proof of work to build the conviction because I speak to a lot of people that are still shitting the bed.

Mat Webb: Yeah.

Fin Creighton: that were down 50 % from the highs whenever they were in October. Have you? For the people that were at your work or perhaps in your community with Zayn that might be freaking out a bit, what, or just anyone in general actually, maybe listening that's a bit nervous about with what's going on at the moment, where beyond what's the problem by Joe Brian, did you build that conviction and understanding to the point now where you're doubling down and buying as much as possible rather than shitting the bed?

Mat Webb: 100 % you circle, so find your tribe. Like we've had just recently, even we just went up to Fremantle from where we are here in South West WA and Mandra and made up with a group of Bitcoiners, you know, and they're all different walks of life, but I've never met a shit Bitcoiner. I've never, they're all nice people. Groups, you know, we're on a success circle with Zane Trustcott, you know? Sign up with him, there's 50 of us on there, so we've got signal chats. know, we've got guys like yourself, ⁓ who have just recently met through Sean Clark. Like, I reached out to Sean a while ago just as a private message on X. the gives me a callback 20 minutes later, like, ⁓ there's no thing as a shit Bitcoin, and we're all got that same feeling and that same vibe. that we are alienated, know, because it's bloody hard work being a weight to the system. Once you start, you go back. ⁓ it's very hard ⁓ certain circles to bite your tongue through sometimes. that's another skill we're learning as well. But to share it now and to share what we've been through, I think that comes with a bit of value and a bit of purpose. And I think we all need that at the moment with what's going on. Instead of getting caught up in all the... All the bullshit and the fear campaign that's running again now, especially now with what's going on. mean, people are scrambling. Yeah, I can talk all day on certain things happening at work and paying money and the people are in so much debt and against the wall at the moment. I don't too many real positive things happening soon. So, be controlled of your money. Just be control of your own money and we'll see where we end up.

Fin Creighton: Yeah, and if you're open to, if you're not, absolutely no problem at all, without naming any names, are you happy to talk about some of the stories from work? Because there might be that some of the listeners can resonate and think, fuck, that could be me.

Mat Webb: ⁓ definitely mate, and there doesn't need to be names involved. So here's a great example is our pay at work was a day late four weeks ago maybe, yeah about four weeks ago. We get paid fortnightly. I work day shift and we're back to back the night shift. I come into work on it six o'clock in the morning and the guys talking, they're getting changed. Out of their work clothes I'm getting changed. Into my work clothes, swapping shifts. and his wife's on the phone at six o'clock in the morning, mate. Like, we haven't been bloody paid, what's going on? You know, they're against the wall, mate, and you don't realise until you hear things like that. just a day late on your pay. And now with the fuel and the on-flow effects of all these costs just rising and rising daily. I mean, the fuel price is one, but there's so many other hidden costs at the moment. that aren't on the sign when you drive past every morning, ticking over at $2.80 a litre, $3 a litre now, $3.20 for diesel. That's a common daily reminder of a price of something we need, to get to and from work and around. But if we talk power prices, insurance prices, everything is rising. That one's just done a massive jump in one big hit, but this is when it's really starting to bite down hard on, you know, and these young guys at work, get it, credit's just available, that's, credit needs to be more readily available, that was now than, you know, I'm 47, so when I was 20, interest-free only just came out, you know, like, you walk in, buy a TV, walk out. you haven't paid a cent. It's all based on credit. So I think over the last 25 years, that has just increased to such a level that everything's attached with debt. People can go get a haircut probably now and have debt it. Nothing's owned. So in a nutshell, yeah.

Fin Creighton: Yep.

Mat Webb: Yeah, I drive an older car. I don't have debt for cars. You know, I'm an older guy. The younger guys now have got $100,000 four wheel drives and they're 20 years old. Like, you know it's debt. So, but yeah, they might be a fueling for sales, though.

Fin Creighton: Yeah. Yeah, I've heard Western Australia's... ⁓ their way of flexing their... Or spending their cash, ⁓ not even their cash, is on the souped up utes and showing that way, rather than the Gold Coast-esque type of showing off. But yeah, ⁓ super interesting maybe we'll go...

Mat Webb: Morning.

Fin Creighton: down the direction of this bloody war. Who knows what's really going on. I think it's all just a show, if I'm honest, for something much deeper in the background that's going on. But regardless, the fuel prices are already getting hit and the knock on effects of that, especially in Australia with how everything has been going for the last however many years is yes, fuel is going up. Yes, they're going to ration fuel. 15 minute cities, whatever you want to call it, the more serious thing for me is the food and getting to a situation where people literally can't even get access to food, let alone afford the food. What are your thoughts on the state of Australia in terms of the effects that this war is going to have on it?

Mat Webb: Yeah, basically that might like I mean fuel is energy and energy drives Transport we need it for our transport and nothing gets to the shops without a truck delivering it there You know, maybe in the future it might be drawing so you notice but the moment. Yeah, we haven't I don't think we felt the pine I think we'll feel the pine when we're filling up our four-wheel drives, you know Mums and dads to take their kids to soccer and footy Some of the stories I've heard even around that now, kids not being able to play sport and just, you you read comments on certain posts and it just because of fuel. So the knock on effect with food is going to be massive. People were cut during COVID were worried about wiping their ass with toilet paper. going to be a walk in the park, I believe, compared to what's coming now. And I agree. think it's another retest or a test like whether we had the lockdowns as bad or as extreme, think that certainly, you know, we've all heard the rhetoric around, you know, your 15 minute cities, it'll be, everything will be localised. But I didn't think it would be coming this quick. Maybe it might not, not this might end, but like listening to Simon Dixon the other day on his podcast with, is it Peter McCormack, I think?

Fin Creighton: Peta,

Mat Webb: He, they're deep podcast to listen to, even it ends today and they open up straight and the fuel starts coming through, it's going to be three months before that knock-on effect really resides in way. yeah, I'm not too hopeful. I think there's a lot more at play, a lot of dick swinging going on between the world global leaders.

Fin Creighton: Yeah. Yeah.

Mat Webb: So that's a whole nother conversation that I'm not a full bottle on and I don't think I ever will.

Fin Creighton: Yeah, the puppets are well and truly at play. damage is already done, but the consequences haven't even started, in opinion. But ⁓ like try and focus ⁓ more on positives, which is sometimes hard to do. But ⁓ let's focus the a bit more, then, with regards to... You guys, ⁓ we'll bring it to Bitcoin first, and then we'll... ⁓

Mat Webb: Bye.

Fin Creighton: change topic a bit, still focusing on the positive of the future. regards to Bitcoin, you've obviously done the proof of work, you understand that you've got the conviction. But what is that ⁓ of just for the listener to understand? Because I remember it so clearly that that first feeling of having your Bitcoin in self custody. And when you it fully clicks if you understand what you hold and you hold it rather than it being on an exchange. What feelings does that bring up for you and Bobby?

Mat Webb: purpose really, probably the that everything we've done since COVID really. So talking, I think it six years to the day, the first lockdown just the other day. A lot of anxiety, through all those times and still ⁓ now with certain other with the unknowns. But just to cement that everything we did and the path that took us on has led us to this point now. So having self custody and in control of your own money is very liberating when you listen to factual stories of people like Tony Yesback from the Bitcoin way. If anyone follows him or use them like we do for all our setup, shout out to the Bitcoin way, they're bloody great people. That is a great feeling knowing that everything that's brought you to this point is for a reason. And when it actually eventuates like it is now with what you've laid out as a roadmap to, know, what if this happens XYZ, CBDCs, universal basic income, you know, I don't know how many more acronyms there is, there's bloody shit loads of them. work at a place with acronyms, it's just everywhere. yeah, I... I think to sleep at night knowing that if the shit really hits the fan, I don't have to go and ask the bank. I don't have to go and ask my superannuation company. It's mine. Like it's, I say mine, it's ours. It's my wife, Bobby and I can access it and do what we like with it. Obviously our SMSF is until we're, you know, at retirement age or start of at 60. ⁓ So yeah, it's just that feeling of control in a time where everything seems like it's pretty much uncontrolled from the top down.

Fin Creighton: Yeah, 100%. It's, and now's the time for people, especially people that perhaps listening to this that have bought Bitcoin, but they don't own it because it's on an exchange. Now is the time to double down on A, your conviction, but the self-custody aspect of it as well, because it is so uncertain with what's going on right now. But the one thing that is certain is if you have your Bitcoin in self-custody is that you're in protect, you protect. your money and you're in control of your future in that sense. we continue on with looking into the future, you've obviously just joined up with me and Sean with the Satoshi Roundtable Mastermind, which we're super excited to have you as part of. Bitcoin, you guys have got covered in terms of a self custody security play. We'll look into the journey of accepting Bitcoin as payment. because that is what Bitcoin was designed for, obviously. in terms of AI, if we touch on it a bit here and into the future with you guys, how does that all fit into ⁓ your for the future and what you want to achieve?

Mat Webb: the moment and we're still really early Bobby tackles more the technical side and that she's she's just a lot more patient than me if I can be honest but my just we've only been set up with a Well, maybe two weeks with our new bot Wally and Where it in there? It's just it's just a tool that if you don't have that in your kit now moving forward You're basically going to be massive massive steps behind average Joe in whichever field you wanna actually branch out into. I think that the best part about what we're doing now is we're gonna use it to create our own business, our own business. We've had a business in the past, a small business. So taking the knowledge from that and actually just moving into the digital side of things now with less overheads, more creativity. And yeah, tying AI in with Bitcoin, I think they go hand in hand. Like the way I see the future being is, yeah, a lot of number crunching jobs are going to go, AI is going to replace those desk type, you know, data driven jobs. if they're going to be starting to pay bills for companies and transact and yeah, I think Bitcoin just goes hand in hand with that. You're not going to pay, you know, a client or an invoice on a bill with slabs of gold, are you?

Fin Creighton: Yeah, yeah, absolutely. I keep saying that to the gold bugs and look, if Bitcoin wasn't a thing, I'd probably be a gold bug. But Bitcoin is a thing. So can't pay AI bots. can't even I couldn't send you any gold right now without it being a hassle to get to you. So it's in digital age. It just doesn't make sense. But I'm excited the direction of AI now with the open source, open claw, all of these things running stuff locally because I was getting a bit nervous with the centralization of data and the direction AI was heading in but I think it's not that everything's sorted for sure but it's to step in the right direction and super excited for you guys to use it to kind of enhance ⁓ you're doing. ⁓ got few more minutes left till I need to... close up unfortunately but do you I know it's still very much in the ideation stage for you and Bobby with this but you want to talk a bit about your ideas of what that's going to look like you don't have to if you don't want to

Mat Webb: Yeah, no, that's fine, mate. So we are in the infant stage of setting up at the moment where I'm really looking at coming down the path of, know, following in your footsteps and our mentors like Zane and Sean. And you're getting on a podcast and sharing our story as a couple. I find there is a lot of individuals. It was alienated within families in the Bitcoin scene. And that can be really, really hard. have family members the same and the strain on relationships is massive. to COVID. Exactly what happens with COVID. And I see the same happening now with what's going on in the world and politics. We'll put that aside. So, ⁓ so we would really like to... get our story out there, it's probably gonna be through something like this, like a podcast, and then we'll branch out from there. There might be some training modules. We might even, you know, follow in the footsteps of our mentors as well, like Zane, and just share that message and just network that. that process to how do we get into Bitcoin? How do we self custody and get it in cold storage? And just to go to, even SMSFs, so yeah. Basically an educational maybe platform, even if it's a one-on-one ⁓ we sit down and have a coffee with someone locally and we branch out from there. So yeah, that's the basis.

Fin Creighton: It's so exciting, man. And ⁓ I'm glad to hear that that's the direction you're going with. I can't tell you how long I didn't do a podcast for and then didn't launch the business for because I was like, Tony and the team at the Bitcoin way, they're the best in the world. They're already doing it. But Bitcoin is so early and so unknown that there is so much scope for more than one business doing it. And ultimately, we're all on the same mission.

Mat Webb: much.

Fin Creighton: I've spoken to Zane, Tony, Bisha, obviously Sean. For me, it's not a competition between the companies. of us care who goes to ⁓ with who. It's just get your Bitcoin in self custody and get as much Bitcoin as possible and we're all happy. Couldn't care less who you ⁓ in with.

Mat Webb: It's just that network and it's just as is growing rapidly lot for the time we've been in in it and that's that actually is You know you talked before about what has Bitcoin done and made you feel that's actually the feel would be about it I really I really enjoy even this even though it's quite sometimes nerve-racking. That's just the start everyone has this the same experience That's I was just having that conversation with my son before we jumped on here. We're sitting at the back having a cuppa and We're talking about that exact thing. Bitcoin doesn't have a marketing department. He's about to start a new job on the mines himself and he's already talking about DCA and weekly. And he'll be able to do that. with our help, but what about all these mates that need that help? So there's that, I said, just point them in our direction, mate. That's your age bracket. He's only 18, you know, and he's already thinking like that. your age bracket needs that helping hand up because there's not a number you can call. Yeah, so that's the way forward. We all need to just bond together. Network and share our experiences because there's plenty of other people out there now that are on the fence and they're sidelined with not knowing what or where to go But yeah, just buy some Bitcoin Get some Bitcoin first Chuck it in just get a chuck an app on your phone get coin jar or amber up and Unless they buy a bit That's it, you're off and running. Then you start learning it. Then you start learning how to store it and self-custody it. And it be long, you'll be just like us, sharing the message.

Fin Creighton: Absolutely, and it's an addictive place to get to in terms of wanting to share that message and help as many people as possible. And I'm super excited for you guys to your faces out there. And I think there's going to be so many people that resonate with your guys' story. And you're going to be able to make a massive impact for like-minded people that are feeling the same things and are just a few years back behind you guys on the journey. I've got to shoot, I'm sorry, but thanks again for jumping on at short notice. Before I go, where can people find you and Bobby? where do you intend to launch? ⁓ we'll probably be doing another podcast at some point in the future. So if there's no way yet, that's fine. But I know they can definitely at least find you on X.

Mat Webb: Yeah, I'm on X at Matthew.web, yeah, at Webby7981. That's it at the moment, mate. I'm just playing around on there, chucking videos and some reposts with some quotes and yeah, I've been in it long enough now to understand it fairly and sort the shit from the clay. There's plenty of on there. But ⁓ in the process now of our new name and our YouTube channel and our website domain. So once that's up and running, I'll share it out and we'll see where we end up.

Fin Creighton: There is. Well, ⁓ I put your ex in the show notes for people to follow so that they can then get access to when you create the YouTube, the website, everything will be there on your ex, I'm sure. Matt, thanks much for jumping on at short notice. I'm sure we'll do another one maybe before the end of the year ⁓ to see you guys are going. ⁓ And guys, we'll you on the next one.