Listen To This Episode:
For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by fellow pleb Yung Lerk (@YungLerk_) for his first-ever podcast appearance.
This was one of my favorite episodes that I’ve recorded in this series and I’m sure you’ll love it just as much as I did. We kicked off this interview by discussing Lerk’s rabbit hole story and how he found Bitcoin. He described how he went through a four-touch process with Bitcoin after finding it for the first time in 2012, and seeing it pop back up over and over again as time went on. He remembered his friends buying things from Silk Road with bitcoin and talked a little about that.
Bitcoin changes you, you don’t change Bitcoin. And Lerk explained just how much he’s changed since coming into the Bitcoin space. Precoiner Lerk would spend lots of money on things that he didn’t necessarily need, and he explained how he earned a good amount of money but didn’t know what to do with it. Once he dove down the rabbit hole, he stopped the needless spending to accumulate as much bitcoin as possible, and he hasn’t looked back. He mentioned the importance of bitcoin’s finite supply of 21 million, and why that urges him to stack harder.
This led to a discussion about time preference and savings, and how Bitcoin completely changes your incentives in life.
“If it doesn’t change your life, you’re doing it wrong” he said, and I completely agree.
Many people who buy bitcoin don’t get into it and learn why it’s important. Bitcoin is powerful enough to change the life of anyone, so if it doesn’t change yours, you may be going about it wrong.
Below are some of Lerk’s most interesting thoughts shared during the interview. And be sure to check out the full episode for more.
How Did You Find Bitcoin And Fall Down The Rabbit Hole?
I got into Bitcoin in the fall of 2019, I heard about it growing up a couple of times, like…