EP81: Seize the Day with @beefbackbetter (Chapter 4)

2-Bit Idiots

English - April 27, 2023 13:33 - 1 hour - 130 MB - ★★★★★ - 1 rating
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Previous Episode: EP80: Bitcoin Alive After Party

Next Episode: EP82: Satoshi ‘73 with @roger__9000

We’re telling a story. We didn’t set out to tell a story – in fact we rarely set out with any coherent plan – but we’re telling a story, nonetheless.

This is Owen’s story.

He’s an Aussie with a background in organic farming certification. We first met at a Bitcoin Bush Bash in 2020, visited his farm in 2021 (Episode 22), spoke to him from his El Salvador scoping trip in May 2022 (Episode 43) from next door to Mrs Bukele (Episode 61) and now here we are again. It’s a fascinating progression of a doer rather than a talker, and I’d highly recommend you go back over the previous episodes to get the full picture.

We discuss:

Starting a beef business in El Salvador and partnering with pro-Bitcoin locals

Types of farming and the challenge of the wet and dry seasons

The current quality of beef and the inclusion of chemical additives (fiat incentives)

Only accepting Bitcoin in the business

Blink wallet

Hedging volatility

Residency and visa options

Brain drain starting to reverse

Opportunity everywhere with huge tax incentives

Seeking entrepreneurial influence

Bukele’s majority means that all bills pass