00:00:00 In this section of the interview with Luke Belmar, he shares a story from back in 2013 when he got a job washing dishes in a restaurant for six weeks to two months. Despite the job being the worst he had ever been through, he decided to stick with it and was rewarded handsomely with a $300 bonus. He realized that what the owner was rewarding him for was not just his hard work, but also his loyalty and trustworthiness. This experience has led Luke to prioritize trust and loyalty in his relationships with his family and business network. He shares that he travels with his family and niche team, and does not allow outsiders into his circle, as loyalty and trust are non-negotiables for him. Luke also talks about how he used to sleep in his car for six months when he couldn't afford rent, and how he accumulated wealth by holding onto his money and not splurging on expensive things like rent and cars.

• 00:05:00 In this section of the video, Luke Belmar talks about how he monetized his time by focusing on e-commerce, dropshipping, and crypto before most people did. He believes that most people in America have million-dollar salaries in their careers, but they don't understand how to reduce the time to make that money. Belmar also talks about his unique outlook on life, where he doesn't care about what others think of him. He shares his experience of how his father advised him to take an easy, secure job instead of taking the risk of working on sales commission. He also talks about how he bounced back from university because he realized that the professors knew nothing about international business, and he didn't want to settle for a mediocre life. Despite being accused of being disrespectful to his parents, Belmar was determined to retire early and live the life he wanted.

• 00:10:00 In this section, Luke Belmar discusses the difference between a bot and a glitch, and how operating as a glitch can lead to a successful life. He explains that a bot is someone who runs on autopilot and follows a script, while a glitch is someone who breaks out of this cycle, forges their own system, and is not bound to the rules of the system. Luke challenges the advice given by parental figures and urges people to develop their own internal voice instead. He also talks about the current economic foundation and the love for fiat currency, stating that money is debt and that the current system is imploding in real-time. Luke further explains that the banking crisis of 1912 led to the introduction of the Federal Reserve Act of 1913, and that money is now inflated due to fractional reserve lending. He warns that the removal of cash from the system is a way to avoid bank runs, and that inflation is happening faster than interest rates can be raised, leading to an inevitable crash.

• 00:15:00 In this section, Luke Belmar explains the history of a Fiat banking system and how it has affected the United States. During the implementation of this system, bankers printed more proof receipts than actual gold in the banks, leading to the French and British redeeming all the fake paper for real gold, leaving the people who had deposited gold with nothing. The removal of the gold standard in 1971 allows the printing of unlimited money, leading to a debt-based system. Belmar notes that everything in this system, including the money in everyone's bank account, does not belong to them. The current ecosystem is deemed unstable and needs CBDCs to replace and eliminate crypto and cash. Belmar also suggests that the big dogs are moving, and the dollar's value is worthless, and through military power, the United States is sustaining its society.

• 00:20:00 In this section, Luke Belmar argues that people should invest in themselves rather than relying on traditional currency or cryptocurrencies, which he predicts will lose value. He encourages individuals to establish their personal brand and create a significant influence for themselves, preparing for a global reset, which he believes will happen soon. Belmar warns people that they are expendable energy and stresses that the financial scheme is a deception. He suggests that people should adopt a self-education mindset, self-custody, self-management, and self-education, which will empower them to become financially free. Finally, Belmar speaks about the risks of investing solely in cryptocurrencies, including Bitcoin, due to the small size of the crypto space, suggesting that people should position themselves correctly to prepare for the next global reset.

• 00:25:00 In this section, cryptocurrency trader Luke Belmar discusses his investment strategy in cryptocurrencies, stating that he views everything as a Ponzi scheme, including dollars and bitcoin. He details his approach of running things in cycles, not being married to any token or founder and positioning himself in the market where momentum plays are going, such as decentralized finance (DeFi). Belmar gives an example of how he made most of his net worth by putting it into pancake swap after CZ from Binance announced a partnership with the project; he put his investment into transition by coming in and out. Belmar also talks about his short position in Luna UST that he called publicly, successfully making $50k into $2.1 to $2.6 million in just five days.

• 00:30:00 In this section of the video, Luke Belmar discusses his strategy of shorting "ponzis and scams." He gives an example of how he made a lot of money by shorting a token called Jim T GMT, which was a walking ponzi and had no sustainable business model. Belmar also emphasizes the importance of being fluid and flexible with investments, understanding where the cycles start and finish, and preserving wealth in the long-term by staying in cash. He emphasizes the need to create wealth outside of the markets, multiply it through investing and preserve it. Belmar advises against being a Bitcoin fanboy and instead focuses on using Bitcoin to get rich, while being open to changing strategies, currencies and preserving long term wealth.

• 00:35:00 In this section, Luke Belmar shares his approach to identifying profitable cryptocurrency projects. He begins by first looking at macro trends like the strength of the US dollar, as money tends to find a place to go during inflation. Belmar focuses on investing in companies backed by market makers with strong marketing strategies and momentum. He explains that he avoids investing in old altcoin projects, preferring to bet on new hype projects like those integrating AI. Belmar also emphasizes the importance of selling during cracks in the system, which he identifies through points or notifications that indicate a need to exit. He recounts his experience investing in Wonderland Time and how he sold right before the first dump, maximizing his profits.

• 00:40:00 In this section, Luke Belmar discusses the nature of crypto markets, which he says are Ponzi schemes. He explains that he bets against scammers and focuses on identifying which individuals will run the game well. Belmar recommends that investors become well-educated, intelligent and independent to identify scams and capitalize on them. He also discusses the importance of preserving one's bankroll and taking smaller, more sizable bets instead of spreading oneself out. Finally, Belmar talks about his excitement for the next bull run and how he plans to maximize his gains.

• 00:45:00 In this section, cryptocurrency investor and trader, Luke Belmar, talks about how he positions himself in the crypto market. He likens the market to waves and cycles that people move their tokens chasing, always lagging behind, instead of positioning themselves in a cycle they know will do well before everyone else is there. Belmar states that he made a 42x return on his portfolio during 2020, and he wants to focus on the crypto product space during the next bull run. He also mentions his Capital Club, a private club that functions to bring him deal flows he has access to, due to his influence and connections, to its members. Belmar believes it's all about taking high risks and high rewards bets, as every aspect of life is a gamble that requires being good at risk and reward management.

• 00:50:00 In this section of the video, Luke Belmar talks about his decision to bet against the market and how it worked for him. Belmar sold all his Ethereum before the Board Ape Yacht Club land sale, as he didn't see any more upcoming events in the crypto space. He suggests that when the people who don't invest during bear markets start getting greedy, it's a sign that the end is near. Belmar advises people entering their first or second bull market, to first figure out a way to make money before investing. He encourages people to build a business, read a book, and use the money earned to multiply their investments.