Jon Tarr - Masternodes: The Little Known Secret of The Crypto Industry | Cashflow Hacking Ep #18
Jon Tarr, Founder of Totally Crypto and early Bitcoin adopter joins us on the podcast to discuss the future of the Bitcoin market, and the coming masternode revolution that is appearing under the proof of stake protocol. As an early pioneer and adopter of Bitcoin, Jon has gone on to teach investors of all incomes and levels of interest what it takes to profitably invest in the ever-evolving crypto industry, and now shares some of his best strategies on the Cashflow Hacking Podcast in order to help you do the same.
Video Version Of Podcast
People & Resources Mentioned
Your Action Items For This Podcast
- Join the Totally Crypto Facebook Group
- Once you are in the group, don't just sit there. Read what people are saying, and ask a lot of questions.
Welcome to the Cash Flow Hacking Podcast. We're on a mission to help people increase their cash flow. While the steady paycheck of a nine to five job may provide you a sense of security, it will never bring you true financial freedom and abundance. We will teach you the tips, tricks, and strategies behind increasing your cashflow. We connect with the experts who have defied conventional finance wisdom, who now earn more than they ever once thought possible. For those of you that are not yet at your full potential, are underemployed, or simply looking to grow their cash flow, then this podcast is for you. Welcome to the Finance & Markets Cashflow Hacking Podcast, and now to your host, Casey Stubbs.
Casey Stubbs: 01:03
Hello, this is Casey Stubbs from Cashflow Hacking Podcast. Today we have John Tarr from Totally Crypto. Jon, thanks for being on the show today.
Jon Tarr: 01:15
Hey, thanks, Casey. Hey everybody. Thanks for having me, man. I'm excited to chat.
Casey Stubbs: 01:19
Yeah, I think we're gonna come away with some great tips. We're always looking to help people increase their cash flow in one way or another because just working a job by itself just isn't gonna cut it with how expensive things are today. So tell us a little bit about what you do right now with Totally Crypto.
Jon Tarr: 01:37
Yeah. So I started..I have a company called Live Free Financial and I have a bunch of different brands under that company, but Totally Crypto is a Facebook group and a website that I started almost a year ago now and I started at primarily because Bitcoin was..I'd been in Crypto since 2013 and the market really started to get hypey and I, I saw a ton of bad information out there and started this really kind of from my family to understand what in the world Cryptocurrency was and how to not get taken in. At that time there was some sort of MLM scammy thing that I wanted people to avoid that I kept getting asked about. So I started Totally Crypto on Facebook to be an educational group where people can come and share information, ask questions about Cryptocurrency.
Casey Stubbs: 02:30
Oh, that's pretty cool. And so as a result, you've got this group and you've been able to really benefit and generate some kind of revenue from Crypto investments?
Jon Tarr: 02:42
Yeah, so I do quite a few things in the Crypto space. The group I think we're approaching close to 50,000 people now, like 44,000 people. So the cool thing about having a group like that as you get all kinds of opinions and perspectives at one bad thing about that is you get all kinds of opinions and perspectives, right? One good thing about that is it gives you a lot of different angles to check stuff out from. So you know, if somebody's interested in cryptocurrency, I think it's a great resource, but yeah, I had purchased my first Bitcoin on Easter Sunday, 2013. I was fortunate where I had a, I was an affiliate marketer that time and I was making more money and I knew what to do with which is a good thing and I put money into Bitcoin, which was the one thing that I thought I'd be setting money on fire with, right. I did all these different investments and that was the only one that actually worked out. So, it's like the George Costanza rule, you know, it should've just been opposite day, but it was really good. And so now I've understood sorta how to speculate and to get cash out of Crypto, both.
Casey Stubbs: 03:50
So you were saying that that was the only one that worked out. Now I know that a lot of times in investing that you can invest in 10 things, 9 might not work, one thing does work and then that will cover from all the losses. In this case, was your one Bitcoin investment enough to cover all the other investments that didn't pan out
Jon Tarr: 04:17
Yeah, that and then some. It's a..it ended up being very...I was just lucky. I'm not like an expert investor at least at that time. And so yeah, so it was great. Fantastic.
Casey Stubbs: 04:24
Okay. So the people on this show, there are people that are listening, they're working, they're trying to figure out how to get started with different avenues for extra side income. So what kind of tips would you have for someone who doesn't really know a lot about what's going on with Bitcoin, how they could get started and what they could do to maybe get an actual consistent revenue from the Crypto space?
Jon Tarr: 04:52
Yeah, so let me go two-fold here Casey. The first side is on the investing side and you know, if you're investing, if you've got a day job, if you're somebody that is just looking to invest, then you have to understand that Bitcoin is, when I bought Bitcoin, it was $90 and it is way higher than $90. It fluctuates every day, but it's closer to that 6,700. Billionaire Tim Draper on our Totally Crypto Summit predicted that it would go to 250,000 within 2022 crystal ball, woo woo, right? who knows? But so the fact is, from an investment standpoint, Bitcoin is going to be pretty powerful.
And how's that impact your cash flow? Well, because as Bitcoin grows, there are more and more people coming into the marketplace. And so that means there are more and more opportunities. Two opportunities that I would like your people to look at are mining Bitcoin, which is more like a business and you guys wrote a great article on mining, which I shared in my group so people can check that out. So mining is a big part of cashflow. Right? And then the second part in my favorite is what's called proof of stake and they're called master nodes and that's a great cash flow, kind of a passive cashflow avenue for people, which I'd be happy to expand on. But those are two buzzwords that people need to think about, mining and masternodes.
Casey Stubbs: 06:26
So that is really good stuff and it's still a little bit overwhelming for the average person though because like right there both those things didn't really get. So could you, I definitely want to hear, I hear about the second term. What was that again?
Jon Tarr: 06:26
Casey Stubbs: 06:45
Yeah. I would like to hear about that. How can somebody get started in it? What do you think is the potential for it? And is there a big learning curve or cost to get started?
Jon Tarr: 06:55
Yeah. So, with mining there's a big learning curve and big costs, right? And you know, your wife's gonna kick you out of the house when she comes home, you got 20 miners in the garage, loud, right? So that might not be the best opportunity for people. Let me explain real quick and simple man's terms what the difference is. So mining is basically proof of work. You have all these computers solving a very fancy algorithms, which none of us are intelligent enough, at least I'm not intelligent enough. I shouldn't. I guess put everybody in the camp. I'm not intelligent enough to figure it out. But these transactions they're what solves the decentralized blockchain. So you don't have accountants sitting in a room, you've got all these computers that are solving these things. And so what happens is, in order to solve these equations, to make the blockchain run, they give you a reward in Bitcoin. They say, hey Casey, thanks for solving that problem. Thanks for doing the work for us. Here's a little Bitcoin for you. Well, with a masternode, what has happened, a lot of these coins technology's getting better and better and they're called proof of stake and what that means is let's say let's take a proof of stake going called Linda and what the people over at Linda say is, Hey Casey, if you want to make some extra Linda, all you've got to do is buy, let's say a thousand Linda and then you put that on a virtual server and you solve the equations for us and we'll pay you and Linda to do that for us. And um, there's a difference. Like you have to give permission to do that. You have to have a minimum amount, but it doesn't take the computer power, the electricity and you get paid in your coin of choice. And there's a website called masternode.pro, and it's got a list of all the different master node coins and the returns that they're paying right now.
Casey Stubbs: 08:58
Okay, now I'm actually gonna put that link below along with your other contact info, your group and..but masternode.pro, so they go there and then it will tell you all of the different coins that you can do this with.
Jon Tarr: 09:21
Correct and some coins require. So in it's all gamuts. So like dash was one of the first masternode coins and it requires like 250 grand now just to get a masternode because the coins gone up so much. Don't want to confuse people, but there are coins on this list. You can get a masternode for a thousand bucks. Okay. So just know that there's just, just like owning apartment buildings, right? There's a 10 unit and there's a thousand unit apartment buildings. So it's the same kind of thing.
Casey Stubbs: 09:51
Okay. So with a masternode you're getting rewarded for solving some kind of problem or doing some kind of function. Now I'm gonna go back from another Cryptocurrency that I recently got involved with called Steemit and you may or may not be familiar with it, but it's a content platform where if you published blogging content and then if you comment on the article or you curate articles and share it with other members, they're going to reward you with their Crypto called Steem. Is master node, kind of like that kind of concept? because they're paying you for doing something they want you to do.
Jon Tarr: 10:30
See a masternode is more passive. So it's almost like owning an apartment building. You don't have to go clean it, you don't have to do any of that kind of stuff. You don't have to know about plumbing and electrical. All you have to do is once you buy the building, sit back and collect the rents and that's kind of the way a masternode works. You're going to go buy whatever the minimum amount of coins are because they want you to have skin in the game. And then when you get those coins and you put them on a vps server so that they can be used to process the transactions, then they just pay you for that and you don't have to do anything but set it up.
Casey Stubbs: 11:06 Okay. So you set it up and then after that it's totally passive. That's it?
Jon Tarr: 11:13
Yeah. Disclaimer, when I say passive, you just have to make sure to watch it every day because if they change a setting or something like that then you have to change with it. But after you initially set it up, you don't have to do anything except just check in on it every day. Make sure that everything's still running.
Casey Stubbs: 11:29
Okay. Now that website you mentioned before, that's how you can find out how to make this work?
Jon Tarr: 11:40
So there's, there's some different masternode.pro is gonna list all the different, what they call masternode coins and those are what are called proof of work coins. And so that's what that website is. You can search, there's all kinds of information on youtube about these trainings, we have a training on this too. If people reach out, but there's a lot of really good information on there and I'm gonna tell you, Casey, 96% of the people, I don't know where I got that number, but 96% of the people in Crypto have zero idea that these even exists.
Casey Stubbs: 12:15
Okay, so right now I'm really am gonna put you on the spot here. I want you to share your trainings with our audience. So like if you could after the show, I want to email you when we post this episode live, I want to put that below the episode so people can check out what you've presented to help train people on this.
Jon Tarr: 12:30
Yeah. Awesome. You got it, man.
Casey Stubbs: 12:30
Jon Tarr: 12:30
Casey Stubbs: 12:37
Yeah, well I'm just thinking for myself because, that's why I love hosting a show because I get all these experts on how to increase cashflow. So I'm already running the scenarios in my head of like, okay, how do I get my, coz I'm thinking, okay, I'm gonna start compounding it. I'm gonna scale it. I'm gonna take my profit from one. I'm gonna roll it back into the other one. How can I calculate what type of ROI each coin will give me, each master node and where to best invest my money?
Jon Tarr: 13:05
Yeah. So I'll tell you what we do. This is where it gets complicated and it becomes like, you know, you're sitting on the couch at your psychologist and they're like, well, the why's and the how's and what do you want your life to look like? right? But here's what I do. And so I'll just say what I do. We invest in masternodes and we let those masternodes compound and then once we get our initial investment back with the masternodes, I put all of my masternode coins. I take those and I turned them into Bitcoin because I'm very bullish on Bitcoin for the long run. I don't need the money that masternodes are generating. And so I put them in there.
Jon Tarr: 13:45
If you need the money, then turn them into Fiat currency. You're good to go. If you want to let it compound, you can let it compound. But what I do is I turn it into Bitcoin and if Tim Draper's right then that's just more fun for me.
Casey Stubbs: 14:00
Yeah, that's pretty. That'll be pretty fun day If he's right.
Jon Tarr: 14:00
Yeah, yeah, no doubt. No doubt.
Casey Stubbs: 14:07
So, okay. Since you're really into the coin space, are you doing anything with ICOs and are you investing in a basket of Cryptos? or are you throwing everything you've got into Bitcoin?
Jon Tarr: 14:18
So, that's a great question. I'm very heavily invested in Bitcoin again by accident, right. And so I also bought a ton of Ethereum. I think Ethereum is a great play. It's what we call a big cap coin. It's really, it's great. Their protocols are awesome. A lot of companies build on their protocols, which is a pretty amazing. Disclaimer again. I'm totally on Techie, so if you're watching this, you're like protocol. I don't really even know what that means, right? People say protocol, stuff like that. So just understand that I'm not a techie dude. You don't have to be techie to be in this space. But to expand on your question, when the ICO market was really, really hot, I invested in a lot of ICOs and my philosophy is always the same. I'm going to invest in something. Once I get my initial investment back, I'm going to keep that and then I'll sort of let the rest ride. If I find that something is gonna turn, I might then turn that into Bitcoin, but I think we currently hold 40 or 50 different coins right now because they were initial ICO investments.
Jon Tarr: 15:26
What people are gonna see about the ICO market. This is really important. In January the ICO market vanished and the reason advantage for us as Americans and Canadians and the UK is because regulation. These ICOs, we're going out there, they were raising a bunch of money. They were completely unregulated and when the United States said, hey, we might come and start taking some of that money back that you got. And they started freezing assets. Then it put the brakes on new projects because people were waiting to see how this was going to work, what people are gonna see now, that's just now starting to emerge, so it's been sort of an ICO winter for six months, but what's coming up or what's called a securitized tokens or STO (Securitized Token Offerings) and people are going to see these started to become the norm. They are regulated, but normal people can invest. You don't have to be an accredited investor in most cases. And that's where some of the new opportunities are. So STOs is what people want to pay attention to there.
Casey Stubbs: 16:33
STOs, okay. So that is different from ICO. So ICO is totally going away. It's just been replaced with STO.
Jon Tarr: 16:44
We'll see what happens. So in my opinion, and we're both marketers, you know, by trade. Here's the thing, ICO sort of got this bad stigma to it because there were a lot of scams out there. There's a lot of regulation. So if people say STO and ICO, it's the same thing, but the STO is gonna be more regulated. And so people are gonna be able to play in that market. Where I got to tell you guys and gals that are watching this, if you get into a project, if a project comes up to you with Casey coin tomorrow and says, Hey, I'm ready to roll, I got Casey coin. You want to make sure that they've done the proper registration and everything with the government. So because if not, that is not a project you want to be in. That wasn't the case a year ago. That's the case now.
Casey Stubbs: 17:41
So all of the current coins that were launched as ICO, the ones that were really legit have then gone ahead and went through the process that was necessary to get regulated.
Jon Tarr: 17:51
Well, no. Right now it's sort of a, they're waiting to see how the SEC is going to maybe hold them accountable. So I think you're going to see some of those projects. We'll see how that plays out. Now. One thing to know, it's very, very, very important. 65% of the 44,000 members that I have in Totally Crypto are from outside the United States. This is a world market. It is led by Asia. Not the US, it's one of the only financial markets that that is the case and so people have to understand that these ICO's pretty much can operate without the United States. So what you've seen, Casey, is people that don't want to go to through the regulatory process here in the states. They just say no US investors.
Casey Stubbs: 18:44
Right? And I've actually, I've actually seen that because I go to websites to do research on something and I'll get this pop up that says we don't, we don't deal with you because you're from the US.
Jon Tarr: 18:54
No soup for you.
Casey Stubbs: 18:54
Jon Tarr: 18:57
Yeah. You're out. And that's what's happened to all these ICOs and really what's happening now is the SEC didn't really have a path for a company to raise money on the Crypto market and now that path seems to be like a Reggae plus. And, and there are some Reg D filings as well. If people don't know what that is, Reggae plus is gonna be more for everybody and Reg D is gonna be for accredited investors. So now that that fog is lifting, you're gonna see more of these start to come out and be available for US investors and they're going to refer to them as STOs.
Casey Stubbs: 19:34
Okay, well that's good information and I've got a couple more Crypto questions and then I want to kind of switch gears and talk about, what you actually specifically are doing to help people with Cryptos. But first I want to talk about Bitcoin. Right now Bitcoin is down. I've been seeing in the news both sides of the coin. I've seen Tim say temporary per se, 200 and some thousand. And then I saw another one said it's going to a thousand. Do you think, obviously you're bullish, so is this a great buying opportunity? Would you recommend disclaimer, you know, you're not an advisor, blah, blah, blah. But do you think this is a great buying opportunity right now for Bitcoin?
Jon Tarr: 20:15
Simple answer, yes. Would you like for me to expand?
Casey Stubbs: 20:15
Jon Tarr: 20:20
Okay, awesome. So I'm sitting there the other day after Tim was on and I go to make this post in Totally Crypto and I'm a human being and I have a lot of Bitcoin and so I'm doing the math in my head, right? So if Tim's right, I'm like, Oh wow, that's sexy, you know, jeez, how nice. And so then I start thinking if this hits me. So I started thinking, I wonder what a theory in this is gonna do. So basically what, what Tim Draper is saying is that Bitcoin is going to 50 x from where it is today. What is the theory I'm going to do? And then all the sudden it was like the universe spoke to me and I'm gonna tell you why the grandma test, okay, here's the grandma test.
Jon Tarr: 21:01
Bitcoin has got fundamentals and your grandma can understand it. What can your grandma understand about Bitcoin? This is why it's going to win. Even if it's not adapted as a currency, which I don't think any of the current currencies are gonna be adapted where we're spending them for a variety of reasons. We don't have time to talk to you that my grandma can get like real estate. Well, you better buy it Casey because ain't making no more, right? Bitcoin is finite. There's only 21 million. Okay? That's the first fundamental. My grandma gets that, that there's only a million. When I say a Ethereum, my grandma, how many of those are there? Because that's what I was thinking like how many Ethereum are there, which I couldn't find. It'd be easy to find, but I wasn't looking. So the first fundamental you have there, why Bitcoin is gonna go up is because it's finite.
Jon Tarr: 21:49
The second reason is because it's the brand of Cryptocurrency. You ask somebody in a bar, Hey, um, they'll ask me, what do you do? I say I'm into Cryptocurrency. Their head turns like this. And I say Bitcoin or like, Oh yeah, I've heard of Bitcoin, right? Everybody understands it. The third thing is availability. All these exchanges, you can buy Bitcoin on all of them, right? So it's got more availability. And so when the institutional money comes and it's coming because all the infrastructure is coming into this, your grandma, my grandma, who is the institutional money, it's not Cryptoheads, it's grandma, she's gonna get that. And so when she goes to her financial advisor, like Equity Trust, who on our summit unveiled their new platform to buy and sell Cryptocurrency from your self directed IRA, grandma's gonna be like, well, what do I buy? There's five Cryptocurrencies. Oh well they're not making any more Bitcoin. I'm buying that. And I've heard of it. So that's why I'm very bullish on Bitcoin and yes, it may go down to a thousand if it does, I pray to God. It does. I'll buy every one of them that I can get my hands on. I don't think it's gonna go that low, but I do think that in 5 to 10 years it's an absolute home run.
Casey Stubbs: 23:08
Okay. So the real reason for the drop that, because it was just because it was a massive run up. It was a bubble. Everybody was going crazy over it. Like in December and January when it was moving up, you talk about the grandma test. I had people calling me, asking me about it, like my mom and my uncle and they're like, oh, what's going on here? You know, stuff like that.
Jon Tarr: 23:31
Yeah and what people don't understand about markets, markets rise and fall based on two things, right? Confidence and liquidity. So if there's a lot of liquidity coming into the market, that's gonna push the market up. Right? And so like if you think about 2008 financial crisis in the market, dried up and Lehman brothers. Well what happened? We'll all the liquidity dried up. There was no money anywhere. So their price started falling. Why did their price fall. Because there was no confidence in the market. So it's more institutional money comes into this because there's more confidence in the market because the regulation, it's just a natural cause and effect that Bitcoin is gonna rise.
Casey Stubbs: 24:08
Okay. And as far as the Cryptos, Bitcoin is the brand and I totally get that. It's like a, you know, Kleenex or whatever. Right? When you need tissue you're going to say Kleenex. That's the brand, so I get that, but do you think that Bitcoin will, cause if as it goes up, it'll cause the others to rise with it.
Jon Tarr: 24:30
So historically it has. Historically it has. I think that what you're going to start seeing is more and more of these projects are gonna have substance and there'll be a little disconnected, but just like, you know, when there's trade war rumors, right? If you're in the United States, well a lot of companies fall. There really shouldn't be connected to trade, but it's just like, well, oh, the market's down. Right? And so I think you're gonna see a lot of that. Did Bitcoin and the other cryptocurrencies are gonna rise and fall in tandem.
Casey Stubbs: 25:04
Okay, well now, after talking with you and hearing what you understand about Crypto, I understand that you really get this. And if I'm listening to the show, I'm like, okay, Jon, he knows what he's talking about. I want to find out, how to benefit from his knowledge. So what are you doing with Totally Cryptoto to help people get to the next level and to really take advantage of these markets? I know you run totallycrypto.com and you have a Facebook group. Do you have offer any services that can help Bitcoin enthusiasts?
Jon Tarr: 25:41
I do. I think the best place to start and you know, I have all kinds of different products, Casey, and you can guide me on that, but the book that I wrote with Roger Bryan called How to Profit Wildly from the Bitcoin Boom, ended up down or sideways markets like $5 and 60 cents. That's a great place to start getting some information. The Totally Crypto group on Facebook is completely free, great place to get information. My agenda with that group is to bring a lot of people together and have a discussion, right? That's the agenda. So questions.sOut of 44,000 people, Someone is where you are right now, whether you're advanced, whether you're a beginner. So that's the two places that I would start. We have more advanced training, but I don't really push that agenda because that's not for everybody. That's for people that are committed to this market. After they dive in, after they learn more about it or they're already in the market, they want to take it to the next level, so no need and thrown a bunch of money at it just start to get informed. And those are the places I would start.
Casey Stubbs: 26:50
You know, that's exactly the strategy that I usually take when I'm starting something new is I start to research, I start to do stuff for free because I don't like to throw money at something unless I know it's going to give a return. But once I learned that, then I like to take the next step and then throw some money at it because I'll know get a good return like investing in educational courses or anything, marketing courses, trading courses, whatever it is. Once I realized that it's actually gonna work. So that's a great strategy.
Jon Tarr: 27:20
Do you mind if I give one piece of advice? My favorite piece of advice to give?
Casey Stubbs: 27:20
Jon Tarr: 27:26
So people are always like either a, you got lucky with Bitcoin, that's what they tell me, or you're brilliant. I can't believe you held right because there's been Crypto winters before. Brilliance and intelligence has nothing to do with it. If you are investing money that you can afford to invest that you're not going to miss, you're gonna be completely disconnected from it and you're never gonna think about it. And if you do that, if you get a little bit of information from my group, again, it's free and then you don't overextend yourself. You just can't go wrong, you know? Then if it goes to zero, we all had a hell of a good time. You and I talked for a while and it was fun and if it goes to 250,000, like Tim Draper says, then we're all super happy, but you've got to be disconnected from it. Please do not mortgage your home. Put all this money in and then watch it every nanosecond. That is a recipe for Xanax. And I don't have a prescription pad.
Casey Stubbs: 28:27
You know, that's really good advice. I've actually got some investments that I've been holding onto for 10 years and haven't done absolutely nothing and I don't even think about it anymore and it may happen and probably won't, but hey, it wasn't a lot of money and it's okay. So that's really good advice. Yeah, that's really good. And so you want to hear about what I did with Crypto, which is kind of funny?
Jon Tarr: 28:27
Yeah, I'd love it. Yeah.
Casey Stubbs: 28:53
So I got a coin base account a while ago and then I thought I noticed that they had this thing where you connect your debit card to it or they give you a debit card so you can spin crypto. So I'm like, hey look at me. I'm, I can actually spend my Cryptowith my debit card. And I ended up spinning it all before the big run up.
Jon Tarr: 28:53
Oh no way. Oh!
Casey Stubbs: 28:53
Jon Tarr: 29:18
That's a...that's man. It's funny you say that because I had a friend. You probably know this guy. I won't say his name on the air but he called me like right around December and he's like, Hey Jon, I've got like $500,000 with the Crypto in an account and I don't know how to get to it. Can you help me? And basically what he had done, he sold like three grand worth of equipment. He's an ecommerce guy. He sold like 3 grand worth of equipment to this dude like three years ago, three and a half years ago. And just forgot about it because it just wasn't a lot of money and there you go. The opposite of what you did.
Casey Stubbs: 29:58
Yeah, I had lost money but you know, it is what it is. So that's pretty good. Okay. Well I, I think I'm gonna follow up. I like to give some action steps at the end of the show. I think we've really covered a lot of great topics and so my action steps for people that are interested in Crypto is to get into the Totally Crypto group on Facebook and that's open to everybody, right?
Jon Tarr: 30:24
Open to everybody. We do not discriminate.
Casey Stubbs: 30:26
Okay, so today's action step is get into that group. I'm gona post it in the link below and then second is I would recommend that you get that book written by Jon Tar and his friend Roger, right?
Jon Tarr: 30:26
Yeah Roger. Roger Brian.
Casey Stubbs: 30:42
Roger Brian. Get that book. I'm gonna post that link below also, so there'll be a series of links to those two action steps I think are pretty critical and then the third one is once you get into that group, don't just sit there, read what people are saying and ask a lot of questions. That's really how you educate yourself and then start formulating a plan. But I think if you follow up on those things, I think you'll be able to get a plan going where you could generate some extra revenue. Does that sound like some good action steps to you?
Jon Tarr: 31:11
I think so. I mean, I think it's perfect, you know, just start diving in, get some information.
Casey Stubbs: 31:16
Okay. Excellent. And the whole node thing, what was that called again?
Jon Tarr: 31:22
Oh, yeah, it's called a masternode. People can also look. It's called Proof of Stake and it's masternode.pro is one of the websites that you can check that out on.
Casey Stubbs: 31:36
So I know for me, I'm definitely gonna do that. Like I'm writing this down. I'm going to follow up on that because I think that sounds like something that would be of interest to me. So thanks for the info.
Jon Tarr: 31:51
Yeah, you got it man. You got it. I think everybody should do it.
Casey Stubbs: 31:56
Okay and thanks for being on the show today. It was a great help. I really appreciate the information. I think what you shared today is gonna help a lot of people, so thank you.
Jon Tarr: 32:05
Hey, thanks for having me. I always enjoy it and enjoy talking to you, so thanks everybody.
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