Today Joey with Gilded joins us to discuss seamless invoicing, payments, and accounting for global businesses powered by blockchain.
Joey is a licensed CPA with a 10-year track record performing financial statement audits. As CFO of Gilded, Joey directs the company’s efforts to seamlessly integrate crypto assets into corporate accounting processes. Joey began his accounting career at RSM, where he was designated a firm-wide “Technology Champion”. At EY and LaPorte, Joey was exposed to a vast range of institutional clients and gained a wealth of experience auditing publicly traded companies.
In early 2017, Joey went down the crypto rabbit hole after reading an AICPA newsletter describing how blockchain would revolutionize accounting. He began attending blockchain meetups and soon obtained the AICPA’s “Blockchain for Accounting and Finance” Certificate. Joey holds a M.S. in Accounting from Florida State University.
*Disclaimer. None of this information is financial advice.
The following transcript was created using artificial intelligence. There will be some grammatical errors below.
00:00:01:11 – 00:00:24:16
Richard Carthon: Hello everyone welcome to another episode of crypto current. Your host here Richard Carthon. And today I got a special guest a man we interviewed. This. Company earlier on Episode 25. But they have been ripping and roaring they’ve had so much happen in the last year and a half that I had to get another person on the team here. So we have Joey Ryan with Gilbert. How are you doing today.
00:00:24:18 – 00:00:27:09
Joey Ryan: So Richard does it go man. Good. Good to talk to you.
00:00:27:11 – 00:00:32:20
Richard Carthon: Of course man. Happy to have you here. Before we dive on an apology I was a little bit of background on yourself.
00:00:33:16 – 00:01:05:25
Joey Ryan: Yeah absolutely. So I’m a CPA. I’m actually born and raised in Washington D.C. Once the Fourth Estate for four college majored in accounting. Back in the early 2000s you got out of school and public accounting works for our sound and you are a little a little bit. So did the public accounting thing for about way too long. And then I care to remember is about ten years nine years.
00:01:05:27 – 00:01:33:21
Joey Ryan: So did that but I kind of fell down the crypto rabbit hole in 2017 when everybody and their mom was was become you know crypto billionaires and Yeah drive Ferraris a lot but really fell down at more. You know I was drawn in from kind of the Bitcoin. You know what is this. What’s this Internet money kind of thing drawing in from that perspective at the beginning. But really
00:01:35:21 – 00:02:17:08
Joey Ryan: within you know within kind of the first you know initial resource that I did on the coin I really realized the accounting aspects and that that block chain and crypto has and how it’s really going to turn accounting and flip accounting and auditing on its head. Having you know Bitcoin and Bitcoin botching being an open source and the general ledger that’s immutable. You know really brings a whole new dynamic into accounting and crypto or into accounting and auditing that’s never been changed since Lucca Italy and then in accounting.
00:02:17:10 – 00:02:51:06
Joey Ryan: You know way back when in the Roman and the Roman times. So you know this this brings into the ideas of like triple entry accounting and all that and you know it’s some really really cool stuff that I think is gonna be here a lot sooner than people realize it’s going to be good it’s going to help really track a lot of the accounting stuff going forward but so fell into it that way and then I sort of go into some of the beat ups here in New Orleans home for crypto and that’s where I met Gil.
00:02:51:10 – 00:03:24:17
Joey Ryan: And you know Gil and that goes the kinds of visionary kinds of visionary man. So you know he’s he’s he spent a lot of his time. Working payment or basically building out payment systems for Skidoo which is one of the companies that he co-founded with Seth Godin. So he has a billion payment system background and he sees crypto from the billing and payment systems side. I saw from the accounting side he said hey you know this could be something. So I met him there and that’s where we kind of formed a team.
00:03:24:20 – 00:03:41:00
Joey Ryan: We still can. Our CTO who was actually the head of the at theory and Meetup here in New Orleans we still had a way and just started from there. So yeah we we that’s that’s kind of how I got into crypto and gilded and so where I am today.
00:03:41:02 – 00:04:11:12
Richard Carthon: So right. So you brought up a point that. I don’t think a lot of people have even considered are thought about and which is why I think gilded is set up in such a unique and powerful position is the accounting standpoint and how just like you said this is from an accounting background it hasn’t changed in thousands of years yet here is this new technology that can disrupt it and do it. Easier faster and and more distributed.
00:04:11:14 – 00:04:21:07
Richard Carthon: All this all this stuff when you realize that like that vision you know it was that that that moment when you talked with Gil about this it was at the moment you’re like OK I’m stopping
00:04:22:00 – 00:04:32:00
Richard Carthon: Doing my accounting and I’m going to pursue this like what was that like. Yeah yeah no I say. So the moment it really was like You know when I when I really understood that the change that’s going to have
00:04:32:22 – 00:05:07:09
Joey Ryan: In my head I was like OK either I need to become basically a savant or a leader in the blah chain and crypto accounting space for my firm carve out an industry niche. But you know so. So at that point I was saying the world is still kind of super early for that. It’s like OK if I’m going to do something like that I may have to uproot go to New York or somewhere where we’re kind of watching in Texas a little bigger. So I was like already the do that or I need to start my own company. So I want to start my own company out when we when I met Gil
00:05:08:14 – 00:05:57:24
Joey Ryan: Was just like hey I see the implications of accounting and having to account for this stuff like there’s nothing out there right now that there’s no there’s no software out there there’s no product out there right now that can do this. It needs to be done for accounting purposes like this is going to be a mess or a nightmare as accounts are going to start going at this. But on the tax side. And when they’re performing audits. So you know if we can build this out and kind of be that bridge or connector between the whole financial system and the new and help kind of on board these people and be like hey you know use our products and see or use use what we build use our platform you can you can track and be able to account for these crypto assets initially and we can start onboarding these people that was just kind of we just like literally how I’m talking we just kind of on with it just like that and just go.
00:05:58:09 – 00:06:31:01
Joey Ryan: Yeah. And guilt you know go from the payment side you know he saw. When he built out the payment systems for a switch to the other pay people all across the world right because it’s anybody that’s submitting content to the site. He’s got to pay them for it. So he realized the issues with just PayPal you know your you’re your typical money transfer services out there Paco trips always being etc.. There were so well I guess theme wasn’t there back then but PayPal wasn’t big on back then and just sending wires etc.
00:06:31:05 – 00:07:01:16
Joey Ryan: It was really expensive and you know no transparency and would take you know it could take anywhere from three days to week to send money to different places in the world. So he saw you know cryptos knew where else to be able to send payment on you know instantaneously to anybody. And that’s where he’s like hey if we can integrate this into something very easy for people and businesses to be able to use like that’s where this is going to go I was like yes like I’m on board with that.
00:07:01:18 – 00:07:04:18
Richard Carthon: I see the vision Zach and let’s go get it. So
00:07:04:20 – 00:07:14:14
Richard Carthon: So fast forward you create the company I believe this is you know late 2018. So first explain what is gilded and then after you explain that.
00:07:15:03 – 00:07:29:27
Richard Carthon: Dive into a little bit of you got got you got invited to TechStars and talk about that. Yeah absolutely. So gilded is the simple way to integrate digital currency into your existing
00:07:30:14 – 00:08:07:10
Joey Ryan: Back office systems to be able to send payment to anybody in the world and reconcile those payments into your accounting system et cetera. That’s just an easy way to put it. We do a lot of automation and integration on back and to where we can work with CRM systems etc. and help automate our flows and AP flows. But in a nutshell we’re really just trying to deliver a simple automated digital currency that help a solution to help businesses adopt crypto and be able to to reap the benefits of digital currency.
00:08:07:12 – 00:08:40:03
Joey Ryan: So I think that’s where it’s you know that’s where it’s heading. So when we started out you know we started out in late 2018 and we really thought of this is as like I was saying just just an accounting products like basically just being able to track all of your crypto movements trades etc. within our platform and then being able to integrate those transactions into accounting systems so not necessarily from a tax perspective. Because when we started out there were already a lot of tax trackers out there etc.
00:08:40:26 – 00:09:18:02
Joey Ryan: That was kind of the first if you want to call it like accounting summit that was already kind of reached and saturate a little bit at that point because you know that was encrypted beginning was this individual somebody needed the individual tax help but there were no tools we knows you know. We knew from the beginning there were no tools or businesses. So we’re like hey business are you going to be a want to be able to adopt this technology and utilize its benefits. We need to be able to create a simple solution for them to do this. So we started out with the accounting product knowing that there was a lot of accounting issues on and we when we were
00:09:19:21 – 00:09:54:00
Joey Ryan: At the beginning of twenty nineteen we started applying to some of the bigger the bigger accelerator programs Y Combinator TechStars etc. TechStars had a bar chain accelerator program in New York City and we were lucky enough to get selected for that. So the five of us co-founders went up to New York last. So 2019 February 2019. This is all pre pre Grant. So got to go to the city and thank God it was last year not this year but.
00:09:54:11 – 00:10:25:00
Joey Ryan: So yeah we spent three months out there really honing our product and really understanding what the issues were in the market for crypto accounting. Talking to a lot of. Crypto firms that were on the cutting edge of doing bar chain audits crypto accounting crypto tax etc. really diving and diving deep into the industry at that point in time as a where where where it was at or where it’s at where it’s going what the problems are what we can.
00:10:25:02 – 00:11:00:25
Joey Ryan: What we know what we can help solve. So with that we know with all that customer discovery during those three months we came out of TechStars and launched our first product which was the cookbooks integration so the business could easily accept cryptocurrency and integrate those crypto transactions into cookbooks starting with cookbooks just because we know they had the most account of users across the US so. And that got some really good traction. You know a lot of good interest from accountants but you know we were still seeing a need for payment.
00:11:00:27 – 00:11:37:02
Joey Ryan: We initially when we built the software we built kind of a very MVP payment solution invoicing solution. And as we were launching the accounting piece we are still seeing a lot of traction on the invoicing fees even though we weren’t giving it that much attention. So that’s when we kind of shift our focus a bit and realize OK. Go back to the Y C theme make something people want maybe people actually want Yeah we’re like maybe we actually want or you know it seems like more people are actually wanting this payment tool arm.
00:11:37:04 – 00:12:07:16
Joey Ryan: So that’s what we started kind of shift their focus a little bit last fall. And we were we were lucky enough to be able to meet Spencer in the core market cut team last fall they resell to us on looking for a. Basically a solution on their side to be able to accept cryptocurrency. I should say. When they issue a deal through their CRM system to be able to automate that
00:12:08:14 – 00:12:45:21
Joey Ryan: That process from issuing a finalized deal to closing. To closing or receiving the payment. Using digital currency. So we are able to build a solution for them where. When they close the deal in their CRM system. So when I say zero and talking you HubSpot etc days a CRM called Patch I I’m giving a lot of free plugs in this podcast all day. Yeah. So when when they would basically close a deal or take a deal and finalize an input drive we would automatically created invoices.
00:12:45:23 – 00:12:51:16
Joey Ryan: The second day they mark the deal is closed or sold. Then the then
00:12:53:03 – 00:13:25:09
Joey Ryan: We have to go in. They could basically write the right the details on the invoice send the invoice to the customer. Customer then when then has a choice to pay the invoice the bitcoin theorem any or C 20 token or the multiple several points. That we support taxes B USD to USD USD C etc.. So we started out saying hey why don’t you businesses that want to start dabbling into crypto or start accepting crypto.
00:13:25:11 – 00:14:02:04
Joey Ryan: You can use us and you can give your. Customers a choice like they can pay crypto but we also would give them a choice like hey also if you want to send a wire if you want to send a bank DCH you can use us if you want to pay V A stripe or something like that. We can also integrate or we’ve also integrate that it’s our platform so businesses can be able to pay using traditional methods too. So it’s kind of like. Hey you can start dipping your toes in if you want. There’s traditional methods and new methods. So when we built that out for our market cap and we launched it here just about a month or two ago
00:14:03:02 – 00:14:03:23
Joey Ryan: They
00:14:05:15 – 00:14:37:12
Joey Ryan: It’s blown up. They say they’ve got that. Yeah yeah. They’ve they’ve they moved all I think they’ve moved most if not all of their receivables on our platform. We’re getting a lot of great feedback from what we’ve done with them and a lot of people are starting to notice like Oh wow. Okay. I see the benefits of this. And we also do with that solution we also created a coin base actually backtracking a second. One of the basic things we did for them was create a solution and Coinbase wherein
00:14:38:10 – 00:15:01:22
Joey Ryan: The user can pay their Coinbase wallet directly through our invoicing tool and it gets paid. And then we have a feature that can automatically flip. So if somebody creates a sense sends the invoice and bitcoin we can automatically flip that into USD C or any stable coin. The second it hits their Coinbase wallet so that the volatility risk is gone.
00:15:01:24 – 00:15:08:11
Richard Carthon: Right. So you know you’re getting the money that you’re looking for at that moment you’re not letting it go up or down with. Exactly. Exactly. Exactly.
00:15:08:13 – 00:15:47:12
Joey Ryan: So so yeah we we enabled that and in a we have that in our solution. So the user can pay through Coinbase through through market caps coinbase account it gets paid it gets close out and then it gets reconciled. Oh and their books account. So it’s basically we’re automating away they. Basically the entire. Process from initiation invoice initiation to when the journal entry is actually recorded into cookbooks. Which is extremely powerful and yeah it’s interesting to see how he off pivoted so much from the original vision to now and in how far it’s come and
00:15:48:24 – 00:16:21:08
Richard Carthon: I think one of the things that you brought up a little bit earlier that I want to just touch back on is build what people want. Right build like listen to what your customers are saying listen to what your users are saying and work around it. Once you’ve seen those integrations like what was the moment when you’re like OK this is direction we need to go for right now let’s let’s let’s fix this problem. And then what. How’s it been received so of course you got a market cap at this point. Like how are you starting to see an. Inflow of new people that are trying to use this now.
00:16:21:10 – 00:16:44:29
Joey Ryan: Yeah. So when we when when we started building the solution for our market cap that’s kind of like when we. Really went back into. OK let’s let’s focus on payments and see how this is going to flow through. And funny enough when we launch this. We’re now kind of focusing our ad messaging etc. all around payments and we’re actually getting more people come to our platform for accounting
00:16:47:06 – 00:17:22:27
Joey Ryan: So than we were before we were kind of like you know all about hey you know we can write sell books or reconcile your books etc. for a little accounting now that we’re focusing on payments we’re getting all this accounting track. And I get it like payments and accounting they kind of go together one on one. They’re kind of you know they’re obviously intertwined right you can up payments without accounting you can’t have a kind of about payments that kind of. They go together hand-in-hand. Right. So I get where that comes from. But yeah you know going back to your tier question like you know when we now know that people are starting to understand
00:17:23:07 – 00:17:57:12
Joey Ryan: Kind of how what we’re trying to build in our vision which is. As Gil likes to say I’m going to steal this line is like the problem with crypto and watching right now is like yourself to understand it and to use it like. You know you shouldn’t be able when you drive your car you don’t have to understand how to it how an internal combustion engine works to get in your car turn it on and drive. So that’s what we’re trying to do with crypto is that somebody can just plug it in turn it on and drive and start sending payments start start being able to reconcile their books start being able to track cost bases et cetera.
00:17:57:14 – 00:18:28:06
Joey Ryan: So that’s why that’s what we’re heading towards. And that’s kind of our vision is being able to build those tools. So an individual can seamlessly be able to use it and seemingly integrated into their existing business product. So yeah going back to you know make something people want. That’s what we saw. You know we’re seeing this payment demand and as we focus on that and started tracking those KPI metrics we’re seeing more and more. Uptick on the invoice side. And that’s kind of where we’re like okay. Obviously people want this and it makes sense right.
00:18:28:08 – 00:19:03:00
Joey Ryan: If you’re a small business and you’re you know nowadays everybody’s decentralized you’re you’re hiring a marketing team in Europe your back office team is in India like you’re you know you’re all over the place so you’re sending payments all across the world so it makes sense for people to understand crypto. And for countries that have kind of a current crypto friendly regulations where they can either off ramp or be able to store it on different different platforms et cetera that you can use crypto on and really reap the benefits of of the low fees and transparency.
00:19:03:02 – 00:19:33:16
Joey Ryan: So that’s where again we’re seeing that demand and we’re currently tackling the debauchery in crypto space. Funny enough when we were doing a lot of our our initial customer discovery around crypto accounting we realized that a lot of watching companies don’t actually pay or use crypto on the back end like I would say. So this was back back in 2019 or really doing a lot of our sort of discovery. I would say back then
00:19:34:15 – 00:20:11:23
Joey Ryan: Almost 70 70 percent of the watching companies were not actually paying in crypto and we would always laugh and be like oh yeah you know like it’s so slow and like who wants to pay a crypto right now it’s like. So you’re a crypto company. Yeah. You’re not even eating your own dog food like just like that’s the problem right. Like I like like and it was kind of like staring us in the face then. But like then we circle back six months later and like after it smacked us in the face a couple of times like this makes sense like we need to solve this problem like you shouldn’t have kids of companies not eat not using crypto to pay each other.
00:20:11:25 – 00:20:47:23
Joey Ryan: So. We realizing that by being able to kind of create that solution that can tackle that space first obviously that’s going to be early adopters. Then it can grow from there but some of our customers right are not groups of people. We have for instance like we have a daycare center in Silicon Valley and so they use are their paying customer. And it’s just something with them the other day. And yeah. It’s like yeah we have are all of our kids all their parents are all software developers and engineers and they all want to pay cryptos.
00:20:47:25 – 00:20:59:08
Joey Ryan: So we have to use you guys because they all of us. All right. That makes sense. And then we have one guy who’s an asparagus farmer in Chile and he ships his product
00:20:59:20 – 00:21:26:26
Joey Ryan: To Canada and he’s tired of paying the foreign transaction fees et cetera. So he’s using our platform that invoice and you pay in you know stable coins or bitcoin whatever and escape all those fees and yet you know there’s two use cases right there. OK this makes sense. These people get it. So we know we can build off. I mean that’s obviously just to. We have some more but you kind of build off that from there. So
00:21:26:28 – 00:21:47:20
Richard Carthon: So absolutely and this actually ties into a final question not only in this realm real quick is it who is the ideal customer so everyone who’s listening right now you have some sort of crypto business they have a regular business or what have you. Who this yielded. If I want to come in and use this like what are the ways that I can come in and set this up and use it every day.
00:21:47:22 – 00:22:18:02
Joey Ryan: Yeah yeah absolutely. So the idea of customer right now is is an early adopter crypto business. So any crypto business that wants to get paid in crypto and start on you know start being a. Bit of leverage crypto on the backend. We’re going to make that as seamless as possible for you. So we’re gonna we’re gonna connect in your back office. We’re going to connect into your kind system we’re going to cross into your CRM system and automate away a lot of those processes and make it super simple for you to use crypto.
00:22:18:17 – 00:22:53:08
Joey Ryan: So not just but you know starting with the the early adopters in the space. But the biggest target for us really overall going to be any business that does business and sends payments globally. So we really say that our target market is basically global payments or business is doing business globally. So anybody that’s tired of paying hundreds of thousands of dollars in bank fees every year we can come in and solve that problem and not only can we solve that problem by reducing fees but we can automate some of those processes for you on the crypto side.
00:22:53:10 – 00:23:23:25
Joey Ryan: If you’re getting paid in crypto to be able to reduce the time spent in reconciling payments et cetera et cetera. So really ideally it’s for businesses you know transacting globally or even businesses that are transacting you know within within a certain country. But you know if you’re trying to stay away from certain bank accounts et cetera you know trying to get into crypto and and being able to use the crypto rails on our digital currency rails. That’s that’s where we come into play.
00:23:23:27 – 00:23:41:10
Joey Ryan: So and we do this all by. Leveraging a lot of our partnerships on within our networks. So leveraging several partnerships leveraging our partnerships with liquidity providers et cetera. So we integrate all that into our system to make it easy for the end user to be able to use
00:23:41:24 – 00:24:09:19
Richard Carthon: Amazing man. Well definitely worth checking out. And everyone listening definitely go check them out. But I want to shift gears real quick of you know you’ve been in this space for a while now you’re at the forefront of looking at all these different companies and how they’re buying or seeing pavements and everything else. Colgate came in affected the world in a major way and and there’s just a lot going on. What are some things in the crypt on block chain space that are on the horizon that you think others should be aware of
00:24:10:23 – 00:24:43:11
Joey Ryan: Digital currency is like coming quickly. Government tip their hand in that first stimulus package when they were going to give everybody basically crypto wallets and give everybody their two hundred dollars in digital currency. Like when I saw that in the bill that’s when I got super excited because I wasn’t sure how far along you know you hear stories that the government was super behind on this. You hear some people say that they were actually kind of up to speed. They just tip their hand that they are like ready to frickin do this.
00:24:43:13 – 00:25:23:22
Joey Ryan: So to me that like I’d like jumped out of my chair when I saw that because that just validated for me that they were really close to having. A digital. Currency. And I get you know it’s not true crypto it’s just the digital currency et cetera. But you know it’s it’s a step in the right direction and it gets people to be able to start using the benefits of of of crypto in terms of like I said the transparency the speed and the low cost. So I think that’s that’s coming a lot quicker than people realize and right now like everybody in the space is just like really building out the right products and tools to make it super simple for people to use on
00:25:24:10 – 00:25:37:27
Joey Ryan: You know you’re seeing every day you’re seeing different products coming out that’s that have you know new new features for being able to sort of crypto. I’m probably going to answer one here
00:25:38:18 – 00:25:50:19
Joey Ryan: One of your one of your questions. Yes sir. So if you say I must say this is another plug means plugging away. So hottest. My favorite project in the space right now.
00:25:51:17 – 00:26:29:03
Joey Ryan: And everybody ask me but it’s blocked by if you’re not. If you don’t hold or crypto in block Fi I don’t say shame on you because I get it. They’re their custody provider you’re scared they’re going to they’re going to lose your bitcoin. But man the interest rates on that are way too high for you not to take the chance you can earn eight point six percent on a single coin. I think they’re BTC. Yesterday was at five point three percent five point four percent. So if you’re just sitting there like hobbling your bitcoin you might as well put it on a flight and get five point I think five point four percent interest on it.
00:26:29:21 – 00:26:49:17
Joey Ryan: Which is like. If you you know you have to do the math that can be a lot of money. So yes Spotify is my favorite. They actually just launched the app a few weeks ago. So they have a phone a mobile app now. They do have trading you can trade on there now and they said they’re going to roll out this year that you can actually finally
00:26:51:03 – 00:26:56:12
Joey Ryan: Send basically us e to their app and be able to convert USD into Gaza.
00:26:56:25 – 00:27:02:08
Joey Ryan: So they’re like rock and roll and I’m quick I’m acquitted on that plug. Yeah. Yeah.
00:27:02:10 – 00:27:09:14
Richard Carthon: Innocently enough we had Flory one of the co-founders on the show. So yes they’re there doing some some really great stuff.
00:27:09:17 – 00:27:40:05
Richard Carthon: Love Life. Yeah. They’re great people. And everybody that wants to know is scared about the custody provider. I mean they do whole or you know not being in custody use their phones. They do hold 95 percent of their funds is held by Gemini Gemini on their site says that. You know everything’s. I’m sorry 100 percent of the. Yeah. Take this 5 percent of the funds that go fly are held by a German IV source. Gemini takes 95 percent of the funds and holds them in cold storage.
00:27:40:08 – 00:28:05:12
Joey Ryan: 5 percent is hold it held in like a hot wallet but that 5 percent is also in shirt. Now it’s not FDIC insurance but it’s insured. So it’s kind of as close to as safe as you can get. So like I said I wanted to take the risk to turn the interest. And I like my little interest check that I get every month. So yeah I’m a fan. Awesome.
00:28:05:19 – 00:28:34:19
Richard Carthon: Not I appreciate. Appreciate that plug it isn’t. It is important and for everyone who is looking to learn more about that. He is he brought up that’s episode eighty one. We talked with Florida. She’s one of co-founders of blackface. So definitely listen to that. But man first of all joy again you’ve dropped a ton of knowledge on us today lot which I’ve done with gilded. In. Keeping up ears around with future of digital currency and what that looks like. What is a final thought that you want to leave with all of our listeners here today.
00:28:35:27 – 00:29:14:23
Joey Ryan: Yeah. So I’d say you know for anybody that’s looking to. If you’re. Well I guess everybody listen to this show is probably pretty familiar with crypto. Well for anybody listening to the show that’s a business that wants to get into crypto. Come check us out. We’re gonna make it super simple for you to be able to. Can encrypt and be able to get more and more businesses onboard crypto. But not just you know check us out. I think you know the future of the space. I think it’s it’s I think I actually covered for as much as you know that pandemic of its been and kind of sad times and all that.
00:29:14:25 – 00:29:45:05
Joey Ryan: I think it’s really been an accelerant in the digital currency space. Everybody you know is really embracing the global globalization of things and I think that really holds true in the crypto space. So I think we’re seeing more more people starting to check it out. You know you’re right about everybody all of a sudden on Coinbase like over when the stimulus checks came out. All of a sudden it was like two hundred dollar deposits in the Coinbase that you saw and stuff like that. So I think more and more people know that.
00:29:45:15 – 00:29:51:27
Joey Ryan: I think the cove is really kind of dumped gasoline on the fire on the whole. If you want to call it like
00:29:52:11 – 00:30:07:23
Joey Ryan: Fire to problem etc. that the auto always talks about another plug. Check out the gas. I know Richard’s podcast is my favorite pump is number two the driver how could the real problem.
00:30:08:00 – 00:30:50:21
Joey Ryan: He he he dropped some he’s got some good knowledge and has a good good newsletter but yeah. He talks about you know the race between there the problem with with obviously the economic span and just the money printer you know the money the money printer and and how that’s going to you know basically create too much inflation and just really increase that wealth gap between the wealthiest and the middle class and then you know a lot of it makes sense and I think you know it’s just turning a lot of people to understand what crypto is and how it can be a safe haven and how it can be kind of escape from the system and how powerful it really is.
00:30:50:23 – 00:30:56:12
Joey Ryan: So and you combine that with the having. I mean we’re just rock and roll and crypto space are now bigger.
00:30:56:14 – 00:31:07:19
Richard Carthon: Yeah. And there’s a lot of excitement and definitely lot of momentum building. So I definitely concur with everything you just said. And Joey what are some different ways that people can connect with you and learn more about that.
00:31:08:18 – 00:31:14:14
Joey Ryan: Yeah. So check me out on Twitter at Joey T Ryan. You can check me out on LinkedIn.
00:31:14:20 – 00:31:28:05
Joey Ryan: Joey Joey Ryan and check us out at Gilbert dot finance. You can learn more about us. Don’t hesitate to hit us up on the chat bubble. You can e-mail me at Joey guilt about finance and that’s pretty much it.
00:31:28:23 – 00:31:34:06
Richard Carthon: OK. Perfect. Well again appreciate your time today Joey and for everyone listening stay Crypto Current!
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