**Grant Cardone** (0:00)
So I have something very, very new and something old, something that cash flows, something that you can only use margin, very dangerous margin, Bitcoin, and real estate that you can use, long-term leverage. I got a physical asset and one that's not physical. You combine those two, you got a super being.
**Tony Edward** (0:16)
The banks are looking to use Bitcoin and crypto as collateral. So how would that change your strategy in a few years once this is all ironclad?
**Grant Cardone** (0:24)
Well, I'll be first to the market.
**Tony Edward** (0:31)
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Hi, everyone. Welcome into the Thinking Crypto Podcast. I'm Tony Edward.
**Amanda Wickroft** (2:58)
And I'm Amanda Wickroft.
**Tony Edward** (3:00)
And joining us is Grant Cardone, who is a prominent businessman, real estate investor, and author. He's also the founder and CEO of Cardone Capital, a private equity firm managing over $5 billion in multifamily real estate assets. Grant, great to have you. Welcome.
**Grant Cardone** (3:16)
Hey, great to be on your show.
**Tony Edward** (3:18)
Grant, Amanda and I are related. We're excited to speak with you and to dive into real estate and crypto and much more because you're doing something pretty profound. You're merging Bitcoin with the world's largest asset class, which is real estate. But before we get to all of that, Grant, where did you grow up and what did you want to be when you were growing up?
**Grant Cardone** (3:38)
Well, I grew up in Lake Charles, Louisiana, a little refinery town, Southwest Louisiana, between Houston, really Beaumont and Baton Rouge, if you know that part of the world. I was raised by a single mom. My dad died when I was 10 years old. I'm an identical twin. My brother and I lost our dad when we were like nine and a half years old, which had a big impact on my life because now I have a mom that's raising five kids with no income and having to shuck and jive and manage and do what all the great single moms on the planet do to raise their kids. I grew up in a fear environment. There was not a lot of abundance or prosperity thinking. It was mostly doomsday, plan for a rainy day, save for a rainy day. That whole mentality in a refinery town where nobody ever got paid enough, and then when they did get paid, they went and drank it all on a Friday night.
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