Valuetainment - May 14, 2026


＂$900K Turned Into $121M＂- The Bitcoin Bet That Turned CZ Into A Crypto Legend

Hosted by
Patrick Bet-David
Mentioned
Bitcoin Ben Reeves Bobby Lee Binance Benjamin Reeves Centi Mark Zuckerberg Blockchain Info Steve Wozniak Lee Butcher Peter Smith Steve Jobs Theo Bontu Ron Cao Jack Ma Chen Bo He Yi Manufacturer Tuscaneiro Bitcoins and 2 more
＂Three Times BIGGER Than Manhattan＂ - MEGA AI Data Center Sparks Tech War With Americans ＂China Is The ENEMY＂ - Ken Paxton DEFENDS Texas' AI Data Center EXPLOSION

Episode Stats


Length

22 minutes

Words per minute

187.4

Word count

4,232

Sentence count

362


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, Ronster chats with Bitcoin's first true billionaire, Satoshi Nakamoto. They talk about how he went from being a geeky kid in a rural village in China to building one of the fastest growing crypto-exchange companies in the world, and how he built a company that went from zero to $1B in a short period of time.

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 Okay, when I sell my business, I want the best tax and investment advice.
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00:00:30 your story fascinating story you know before everybody learned about you with binance at the
00:00:35 time i think you guys went from zero to billion the fastest out of any other company that we had
00:00:40 and then reports came out you on twitter you have a massive following when it comes down to bitcoin
00:00:46 the comments you've made the stories of you selling your house for 900 000 all of that
00:00:50 but for some of the audience that maybe doesn't know before you became the business tycoon that
00:00:55 you are today. How does the story begin? Well, we trace back, right? I was born in a fairly rural
00:01:02 village in China. I grew up there, moved to a city when I was 10, and then moved to Canada when I was
00:01:09 12. And then I did high school there. I did high school in Vancouver, and then I started college
00:01:16 in Montreal, in McGill. Didn't graduate there. I did four years, and then my intern boss gave me
00:01:24 a job, and I delayed and delayed, and I never went back to McGill.
00:01:29 I started working.
00:01:30 And then I worked in Tokyo, New York, Shanghai, and then where else?
00:01:38 Singapore.
00:01:41 So I started as an IT guy and then turned into an entrepreneur.
00:01:47 I worked in Bloomberg in New York.
00:01:49 um and so i was always in the sort of thin financial tech fintech field um so um and then
00:01:56 i started a company i was a junior partner of a it company i started a company with six other
00:02:02 older guys um in shanghai in 2005 did that for eight years and then i came across bitcoin in 2013
00:02:09 um and i was like this is the this is the this is the future technology so at that time it was
00:02:14 actually pretty interesting because um i think there's three big technologies in my life there's
00:02:18 internet that's blockchain and at the time i didn't know what was next right at the time i
00:02:22 thought the next one was going to be like 10 15 years later now we know it's ai so i think this
00:02:26 is the three big technologies in my life um when the internet was happening i was too young to
00:02:31 really do anything meaningful with it um in the blockchain uh when blockchain is happening we
00:02:37 know we got lucky we founded a platform that's uh that's impactful that's useful and then so yeah
00:02:43 that's kind of how i came to be yeah well if i was in high school with you say you're 14 15 years
00:02:47 old who were you in high school we're in a class together who's cz i was a normal kid i was a bit
00:02:52 geeky uh i played a lot of sports um and um i was like you know asian kid in canada um that played
00:03:01 volleyball um that um just no more kid nothing i wasn't super smart i wasn't super um i wasn't
00:03:08 the best in any academics i was pretty decent in math and science um a bit weaker on the literature
00:03:14 like no english uh french i was very bad in french um uh yeah so but i was a normal kid yeah
00:03:21 did did people like did you know you're gonna do something special like was there something
00:03:26 where like one day i'm were you a driven kid or no no it was it was not it was no it was like
00:03:33 there was no indications i was anything special um i was just a normal kid yeah and i there was
00:03:38 never any indications oh this guy's gonna build a billion dollar company even were you a dreamer
00:03:43 Would you dream about one day, you know, I'm going to do this, make my family proud?
00:03:48 Was there any thoughts like that with you?
00:03:50 No, I didn't have any of the, I wanted to be successful.
00:03:53 I wanted to do well, but I never dreamed of being a billionaire or like, you know, run a largest crypto exchange.
00:03:59 Like, that's just never, like, you know, I just wanted to like, no, have a, I want to be financially successful.
00:04:06 I want to have a successful career.
00:04:08 I want to build a good life.
00:04:09 I want to, I always worked hard.
00:04:11 But I wasn't dreaming like, no, I want to be the worst, I don't know, whatever ranking.
00:04:18 That just, that's not.
00:04:19 That wasn't you.
00:04:19 Yeah.
00:04:20 So I don't know if you read the book, Accidental Millionaire.
00:04:23 It was a book written about Apple, about Steve Jobs and Steve Wozniak.
00:04:28 It was, I think it's a former employee that wrote, it's a little bit of a disgruntled guy that was saying bad things about him.
00:04:34 There's a different copy of it.
00:04:35 If you go to Accidental Millionaire and you put Apple, just go to images, you'll see which one it is.
00:04:40 Apple, that's the one right there.
00:04:42 Then they wrote a book called The Accidental Billionaire.
00:04:44 If you notice, it's only got 11 reviews.
00:04:46 This came out in 87.
00:04:47 It's actually a very good book.
00:04:49 For somebody in the space, Lee Butcher was actually a very good book I read.
00:04:53 Then the book came out called An Accidental Billionaire.
00:04:55 And that was written, I think, about Mark Zuckerberg, who, you know, he became a billionaire.
00:05:01 I don't know what they call it.
00:05:03 What's 100 is what?
00:05:04 Centi?
00:05:04 A hectare is 10.
00:05:06 Centi.
00:05:06 Centi, right?
00:05:07 So you're an accidental centi billionaire.
00:05:10 I'm not sure.
00:05:11 I'm not sure I'm Senti, to be honest.
00:05:13 I think the Forbes estimates are a bit off.
00:05:16 They're too high.
00:05:17 Okay.
00:05:17 Yeah.
00:05:18 But yeah, kind of accidental, yeah.
00:05:21 And how did it happen?
00:05:22 Because I know the story when you sold your property,
00:05:25 if you want to share that story,
00:05:26 when you sold the property and you bought all Bitcoin,
00:05:28 what got you to the point of saying,
00:05:30 I have to be able to get into Bitcoin?
00:05:33 I started learning about Bitcoin in 2013, right?
00:05:36 And at the time, I was like, what, 36, 37?
00:05:39 and then I was like okay this is this is the future technology this is bigger than the internet
00:05:45 and when the internet was happening I was too young so I was at 36 37 ish I wasn't gonna let
00:05:52 this opportunity pass by so I said look I just gotta get involved in this in this in this new
00:05:58 technology field I don't know what I'm gonna do first I don't know what I'm gonna do yet but I'm
00:06:04 gonna buy bitcoins first so I sold my house sold my apartment and bought bitcoin
00:06:09 So that was pretty clear to me.
00:06:11 That was a very long-term conviction.
00:06:12 Is this a $900,000 apartment?
00:06:15 Yes, this is a $900,000 apartment.
00:06:17 And when you bought it at the time, what was the average price of Bitcoin?
00:06:19 The average price I got in was about $600,000.
00:06:22 I got payments in installments, right?
00:06:24 So I bought it at $800,000, $600,000, $400,000.
00:06:26 So the average was $600,000.
00:06:28 So if we do $900,000 divided by $600,000 times $81,000,
00:06:33 you're looking at $121 million, give or take.
00:06:37 Something, yeah.
00:06:38 Just, yeah, about $100 million.
00:06:39 Selling a $900,000 apartment turned into $121 million.
00:06:43 Yeah, yeah, yeah.
00:06:44 The average person listening to this thinks that's crazy.
00:06:49 But what made you say, this is what I'm going to be doing?
00:06:51 That's a pretty bold decision to make.
00:06:52 That's a big risk to make.
00:06:54 Well, number one, I saw the clear future of the technology.
00:06:58 I don't know what it's going to be like exactly, but I know it's going to grow.
00:07:01 What made you say that?
00:07:02 Is it a paper?
00:07:03 Is it a white paper you read?
00:07:04 Is it someone's paper you read?
00:07:06 or back then there was much less materials about it um there was white paper that i read there was
00:07:11 a forum called bitcoin talk.org that i spent a lot of time on and then uh going to conferences
00:07:17 meeting meeting the people the community made a huge difference and also doing the first
00:07:21 transaction with bitcoin when when you when you install your own bitcoin wallet and you realize
00:07:26 wait a second this this is a network i can send money to anyone a full control there's no bank
00:07:31 involved there's no no other fees involved uh it's instantaneous um so once you realize that
00:07:38 it's like this is a technology for the future uh not only did i just sell the apartment um i actually
00:07:43 quit my job to look for a new job in this industry right so most people will say like no
00:07:47 those two combined are pretty high risk but i think as i know as i as i um detail in the book
00:07:52 risk is a risk is not based on the action it's based on your individual circumstance for me
00:07:58 my risk tolerance at the time was high
00:08:01 because I know I can get a job.
00:08:03 If like Bitcoin went to zero,
00:08:05 I can get a job in a bank.
00:08:06 I can get a job on Wall Street again.
00:08:09 That confidence came from what?
00:08:10 You're just pure skill set and knowledge.
00:08:12 Yeah, yeah, yeah.
00:08:12 So like, no,
00:08:13 by the time I learned about Bitcoin in 2013,
00:08:17 within 2001, 2005,
00:08:19 I was working in Bloomberg in New York.
00:08:21 And so I was in entrepreneurship
00:08:23 for eight years afterwards.
00:08:24 I thought my experience
00:08:26 and everything else have increased.
00:08:27 My value should have increased.
00:08:28 At the time when you sold your apartment and you quit your job, how much did you have in liquid cash?
00:08:33 Did you have some money?
00:08:34 Not very much because I put most of my cash into the company that was working before, and the rest of the cash was in the apartment.
00:08:41 Less than a half a million bucks.
00:08:42 Way less.
00:08:43 Actually, probably much less.
00:08:46 The apartment money was pretty much all I had.
00:08:48 The reason why I say this is it's not like you made the decision because you had a couple million dollars in a bank from a previous exit.
00:08:54 You're not rich at this time.
00:08:56 No, no, no.
00:08:56 Okay, so that's a risky decision right there.
00:08:59 But you trusted your ability on the way to work
00:09:02 and the skill set that you had
00:09:03 and the knowledge that you had.
00:09:04 Yeah, yeah, yeah.
00:09:04 So I didn't need the 900,000 to maintain my lifestyle.
00:09:08 Got it.
00:09:08 I can work for income that will maintain my life.
00:09:12 And you were a minimalist, even at that time.
00:09:14 Yeah, I wouldn't call myself a minimalist.
00:09:16 I'm just pretty basic, right?
00:09:18 So I wouldn't like, you know,
00:09:19 if you look at my table,
00:09:21 it's got all kinds of camera gadgets.
00:09:23 I wouldn't like minimal, like very clean.
00:09:25 That's how I think of minimalists.
00:09:27 I'm just a normal, basic guy.
00:09:29 Got it.
00:09:30 I don't do anything fancy.
00:09:31 So when you found out Bitcoin,
00:09:33 was it like a three o'clock in the morning aha moment?
00:09:35 You're calling your friend, wake up, John.
00:09:37 I got to tell you something.
00:09:38 We're going to do something special.
00:09:39 Did you have a moment like that or was it gradual?
00:09:43 Well, a friend told me, a friend, Ron Cao,
00:09:46 told me about Bitcoin over a poker game.
00:09:49 It was a very friendly poker game.
00:09:51 And then afterwards, I spoke to another friend
00:09:54 who, his name is Bobby Lee.
00:09:57 He was just about to join.
00:09:58 Bobby Lee?
00:09:59 Yeah, he was just about to join BTC China,
00:10:01 which is at the time.
00:10:02 Not the comedian, Bobby Lee.
00:10:04 No, different Bobby.
00:10:05 When I think about Bobby Lee,
00:10:07 all I think about is Bobby.
00:10:09 The whole Theo Bond thing.
00:10:11 Not this guy, not this guy.
00:10:13 But yeah, so there was a couple of friends
00:10:15 who were around me.
00:10:16 They were getting pretty serious into Bitcoin.
00:10:19 I was like, okay, let me learn about this
00:10:20 a little bit more, yeah.
00:10:22 And so from there, is it, you know, inviting friends over,
00:10:26 guys, we're going to go do this, we're going to go do that,
00:10:29 or no, it was more, I got to go find a company to work for?
00:10:32 At the time, first, I spoke to a bunch of guys.
00:10:35 We tried to do a few different businesses.
00:10:37 Like, basically, like, let's do this and that.
00:10:40 I talked to a couple of friends in Taiwan who used to work for TSMC,
00:10:44 the Taiwan Semiconductor.
00:10:46 Manufacturer.
00:10:47 Manufacturer, yeah.
00:10:48 Right.
00:10:48 Basically, all the NVIDIA chips, all the AI chips,
00:10:50 80% of the worst chips
00:10:51 are manufactured there
00:10:52 we wanted to do
00:10:54 a Bitcoin mining chip
00:10:56 or a mining machine
00:10:58 but that didn't materialize
00:10:59 it involves a lot of logistics
00:11:01 which are not my specialty
00:11:02 how close did you guys
00:11:03 get to executing that?
00:11:04 not very close
00:11:06 we discussed business concepts
00:11:07 we had like
00:11:07 maybe even a business plan
00:11:09 but we didn't pull the trigger
00:11:10 I did a couple
00:11:12 like Bitcoin ATM machines
00:11:16 I actually sold a couple
00:11:17 but that also didn't
00:11:20 And then I said, okay, well, instead of trying to do a startup, let me try to work for a company first. And I bumped into a few guys at Blockchain Info, and then I joined them for a few months.
00:11:31 Big company, small company, startup?
00:11:34 Very small company. I joined as a third person there.
00:11:37 And who were they players? The other two guys, were they players in the Bitcoin space?
00:11:42 Well, the founder is a 20-year-old kid who wrote a website that attracted 20 million users.
00:11:51 Wow.
00:11:51 At the time, he was 20.
00:11:53 At the time, he was 21, 22, yeah.
00:11:55 And how old were you at the time?
00:11:56 I was like 30.
00:11:57 I was 36, 37.
00:11:59 So a 36, 37-year-old goes, works for a 20-year-old to build a website with 20 million users.
00:12:05 Well, he already built the website.
00:12:06 I was just helping him, really.
00:12:08 Did you go in as an equity position player or no, just a regular person?
00:12:15 No, I joined without much equity.
00:12:17 I have an earn out to earn the equity, but I didn't stay that long.
00:12:21 I didn't stay more than a year, so I didn't have a year.
00:12:23 Did he end up becoming a major player?
00:12:25 Like, is he a known guy in Bitcoin today?
00:12:27 No.
00:12:28 Has he become very successful?
00:12:29 No.
00:12:30 His name is Ben Reeves.
00:12:32 He's the founder of the company, but he sold his shares later on for at least a few million.
00:12:38 probably double-digit millions.
00:12:40 But then he's a very low-key introvert.
00:12:42 So he stayed out of sight.
00:12:44 Got it.
00:12:45 Ben Reeves.
00:12:46 Is that part of blockchain.com?
00:12:48 I think they later renamed to blockchain.com.
00:12:52 This page doesn't talk about Ben Reeves.
00:12:54 But Ben Reeves is a true founder.
00:12:58 Benjamin Reeves.
00:12:59 Peter Smith and Benjamin Reeves.
00:13:00 Got it.
00:13:01 So what did you learn from what he did?
00:13:03 So now you're working there.
00:13:05 What did Ben do?
00:13:06 Because you're not there for too long.
00:13:08 Yeah, yeah.
00:13:08 How long were you there?
00:13:09 I was there for eight months.
00:13:10 And during that eight months, was it an accelerated learning curve of finding out everything with Bitcoin?
00:13:17 I learned a lot, actually.
00:13:18 Number one is the community is very dynamic.
00:13:21 So this guy, Ben Reeves, his only marketing was based on one thread on BitcoinTalk.org, which is a bulletin, like a virtual bulletin form.
00:13:31 That's what brought 20 million people.
00:13:32 Yeah. And then also blockchain info at the time didn't have a company. They don't use bank accounts. They don't have an office. They pay everybody in Bitcoin. They pay all the, you know, when we grew into like 18 people, we just, the company just paid every month, send some Bitcoin to all the employees. It's up to them to how they handle that Bitcoin, those Bitcoins. They didn't have an office. They didn't even have the company back then. So it's just like 18 people working together and they're still growing.
00:14:02 So I learned a lot of different stuff about blockchain, about crypto during that time.
00:14:08 Got it.
00:14:08 So did your idea of not having a headquarters kind of come from the experience here that you don't need it?
00:14:14 That definitely contributed to like when early on in Binance, I said, look, we don't need a headquarter.
00:14:20 We can pay everybody in crypto.
00:14:23 Yeah.
00:14:23 Got it.
00:14:24 So then from there, eight months later, what do you do next?
00:14:28 I actually joined a Bitcoin exchange in China, OKCoin at the time.
00:14:34 And then I learned a bit about how exchanges operate.
00:14:37 Exchanges are actually much closer to what I know best.
00:14:40 I've been dealing with trading systems quite a lot.
00:14:44 So actually, He Yi hired me into OKCoin.
00:14:49 So that's OKEx.
00:14:51 And then how long are you there with them?
00:14:53 I was there also just under a year.
00:14:55 Under a year.
00:14:56 Yeah.
00:14:56 So, yeah.
00:14:57 So this turned into a big company.
00:14:58 They got 5,000 plus employees.
00:15:01 This is San Jose, Calo.
00:15:02 How big of a company is this?
00:15:03 I think there are about 2,000 to 3,000 people.
00:15:05 Maybe 5,000.
00:15:06 I don't know.
00:15:07 I haven't, but they're still around.
00:15:10 They're a decent size exchange.
00:15:12 They're probably about, I would imagine like about 10 times smaller than Binance.
00:15:18 10 times smaller than Binance.
00:15:19 Yeah.
00:15:19 Even Coinbase.
00:15:21 I saw the numbers.
00:15:22 Even Coinbase is what, a third of your size?
00:15:25 Depending on how you calculate,
00:15:26 by trading volume,
00:15:27 they're much less than that.
00:15:31 But by Bitcoin reserves,
00:15:34 they're probably about,
00:15:35 I actually don't know the numbers
00:15:36 on top of my head anymore.
00:15:38 By Bitcoin reserves,
00:15:39 Coinbase has a decent Bitcoin reserves.
00:15:43 They started early.
00:15:43 Got it.
00:15:44 So from that company you go to from China,
00:15:47 how much longer after that
00:15:48 do you start Binance?
00:15:49 So I left that company.
00:15:50 That took me another,
00:15:53 I left that company in 2015
00:15:54 And it was two years later, in 2017, I launched Binance.
00:15:58 So at this point, when you're leaving and you're working at these different companies,
00:16:02 what is, are you sitting there saying, I'm eventually going to start something?
00:16:06 I'm eventually going to start something?
00:16:08 Or that's not even on your mind right now?
00:16:09 So in 2015, I said, look, I'm going to do my own startup, right?
00:16:12 So I, and I actually wanted to do a Bitcoin exchange, basically very similar to what Binance is.
00:16:18 But then the team I assembled, we only had tech guys and we don't have a marketing team.
00:16:23 And I wanted to do a Bitcoin exchange in Japan, and none of us spoke Japanese.
00:16:29 So I tried to raise money from VC investors, and they said, like, no, there's no way you can do this Bitcoin exchange thing.
00:16:34 But you can provide the technology for Bitcoin exchanges.
00:16:36 So we pivoted to a technology company providing exchange systems to other exchanges.
00:16:41 And we did that for two years.
00:16:43 And then it was 2017, we said, well, there might be a chance that we can pivot to running a Bitcoin exchange ourselves.
00:16:51 So 2015, we tried to do a Bitcoin exchange, but we were not quite ready.
00:16:58 Pre-17, are you a known player in the crypto world, in the Bitcoin world?
00:17:02 I think I had a bit of a reputation by 2017.
00:17:07 What would people say about you?
00:17:10 Who was CZ pre-starting Binance?
00:17:12 Like if somebody came up, like right now we talk about Ben Reeves.
00:17:15 If somebody said, hey, CZ in 2017 pre-Binance, what would they say about CZ?
00:17:19 They would probably say CZ is a technology guy, been involved in the crypto industry relatively early, and been in a senior position in a wallet company, senior position in an exchange company, and then built his own business as a technology exchange systems technology company.
00:17:40 That's probably what people would say, yeah.
00:17:43 Okay.
00:17:43 And so from there, now you have a reputation.
00:17:45 Are you at a point that if you start something, people want to work with you?
00:17:49 Generally, yes.
00:17:49 Okay.
00:17:50 So now you start Binance.
00:17:51 Yeah.
00:17:52 When you start Binance,
00:17:54 what were some of the big early meetings you guys had?
00:17:58 Like, you know, you think about the meeting
00:18:00 that everybody has seen with Jack Ma
00:18:01 when he's doing Alibaba
00:18:03 and he's there with, you know, five, six, seven guys.
00:18:05 I'm sure you've seen this video.
00:18:06 It's not black and white,
00:18:07 but it's old video where you can tell it's not a...
00:18:10 Did you have a meeting like that?
00:18:12 Where you said, guys, here's what we're building.
00:18:14 Oh, yeah, yeah, yeah.
00:18:15 Yeah, yeah, yeah.
00:18:15 We had a meeting like that.
00:18:17 We said, look, let's build this thing called a crypto exchange, right?
00:18:22 And put the guys into a room and says, this is what we're going to build.
00:18:27 And I told him, look, I've been for the last, I don't know, 17 years in my career,
00:18:34 I've always been working on exchange systems.
00:18:36 And now I think this is the time to build it.
00:18:38 If I don't do this, I'm going to keep thinking about this for the rest of my life, right?
00:18:42 So if I don't do this today, I might try again two years, five years, 10 years later.
00:18:46 So it's something that we'll have to do sooner or later.
00:18:49 And now might just be the right time to give it a shot.
00:18:52 None of the other people objected.
00:18:54 Everyone's like, yeah, let's go for it.
00:18:55 Was everybody in?
00:18:56 Everybody was in.
00:18:57 So nobody's like, I don't know, CZ,
00:18:59 whether you're going to be able to pull this off.
00:19:00 Nobody doubted you.
00:19:02 On my team, nobody doubted.
00:19:04 Everyone's just like, okay, sounds good.
00:19:06 Let's go for it.
00:19:08 But when I tried to raise money from VCs,
00:19:11 no one invested.
00:19:13 Everyone's like, no, no, the exchange space is too crowded.
00:19:16 There's too many exchanges out there already.
00:19:18 You can't do it.
00:19:20 So that's the VC investors.
00:19:21 And then we did an ICO, initial coin offer.
00:19:24 I saw that.
00:19:25 And then everyone wants to buy the ICO.
00:19:27 This is the $15 million or something?
00:19:29 Yeah, this is the $15 million ICO.
00:19:30 It was like a stark contrast.
00:19:35 And it's $15 million.
00:19:37 Am I correct when I say it gave 4,100x return?
00:19:42 Yeah, pretty much.
00:19:43 So if somebody would have put $1,000, it's worth $4,300.
00:19:47 If somebody would have put $1,000 into it,
00:19:52 $4,100X would be what?
00:19:55 $40,000, $400,000, $4.1 million.
00:19:58 Yeah, yeah.
00:19:58 Just from $1,000.
00:19:59 Yeah, yeah, yeah.
00:20:00 And even more, depending on the B&B price at different times.
00:20:05 Yeah, yeah.
00:20:05 But at the time, it was just crazy because we had a white paper
00:20:08 and people were willing to give us $15 million
00:20:10 for about half of the total supply of the coins.
00:20:14 Did anybody give money that was a player
00:20:16 where you're like,
00:20:17 oh, wow, that guy is willing to give us money?
00:20:19 Was there any players that got in?
00:20:21 Oh, yeah, yeah, yeah.
00:20:21 Who were some of the big names?
00:20:24 Well, they're all crypto guys, right?
00:20:25 So this guy, his name is Shen Bo.
00:20:28 He runs, what's his company, Invictus.
00:20:32 He did a couple of different companies, I think.
00:20:35 China or Japan?
00:20:37 He was in China at the time.
00:20:38 He was in China, okay, got it.
00:20:39 and um so he when i when i when i asked him he just told me he just told me that no uh cz i'll
00:20:47 give you this much money this is before he read the paper he this is before he read anything he
00:20:53 just said oh cz you're gonna do a project i'm gonna support you i think he sent me i want to
00:20:59 say like 100 eth uh uh and the time was i don't know i forgot the price but you know he gave me
00:21:04 like a couple hundred thousand dollars.
00:21:06 Yeah, that's pretty wild.
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