 Jimmy zong spent billions of dollars worth of crypto in order to feel validated by frats and sororities and now He's completely broke. I guess David. What can we learn from all this? Yeah, we got to talk about it because a minute documentary just dropped on Jimmy zong Andrew the rise in the fall long story short Andrew He was a self-described fat ugly weird kid growing up in Cobb County, Georgia very very very non-Asian area mostly white Right, so he wants to be cool. He's good at computer science Andrew. He gets on Bitcoin early He kind of semi steals a bunch of it from the Silk Road, which was a dark web thing Andrew basically he becomes worth three billion dollars at one point and he's spent about 30 million dollars Impressing all his friends or quote-unquote friends in the white frats and white sororities the FBI Seizes all of his crypto and now he's got nothing right and we don't even know if he has a lot of the same friends anymore So essentially his life is ruined Potentially he's still a Uber or a Lyft driver around town. We don't know but anyways guys This is a true story and it also relates to a lot of people a lot of other stories that we've heard of and even people in our Own lives, so if you guys are ready to hear our commentary on this Please hit that like button and check out other episodes of the hot-pot boys right after this Yeah, I wouldn't be surprised Andrew, you know listen to this story I think you feel a lot of different emotions, especially if you're Asian guy and you've seen this before I feel like it could make you sad it could make you mad or you could just be like yo that reminds me of that God that I grew up with yeah I mean here's some even other names that who have a similar story Joe low who's actually a wanted criminal right now by the Government my by Interpol. Yeah, actually took five billion dollars from the Malaysian government Yeah, but he was spending it on Hollywood people and running those circles trying to be feel validated Also sadly it kind of reminds people of the story of Tony share Rest in peace, but you know like if you guys read about that story It kind of seems like he was trying to impress a lot of people and validate himself in a certain way Which may have led him down a certain path and yeah, it's just even people from our own upbringing, so I guess David One thing that's a common thread and I don't want to blame it on everything, but it seems like being a nerdy Chinese guy Even with a billion dollars it doesn't change everything and maybe that's what these guys were hoping to do They were hoping to feel accepted Maybe some of these guys were not put in a great position to impress a lot of people But regardless they have a lot of money, but it still doesn't work out the way they want Yeah, I mean we're gonna get into the comments section in our own takeaways and the first comment was Basically people in the crypto community Defending him and these are these are not Asian people I'm gonna get into the Asian comments later But some of the crypto people feel like the FBI did him wrong because some of the coins were stolen from the Silk Road Which is dark web is a lot of drug money But some of them were legitimately his that he just mined when he was like being a early adopter Yeah, no And I'm not trying to like villainize Jimmy's on because actually if you read the details it He didn't really like steal and commit a real crime of of anything, especially Because also the dark web is already like a criminal thing that they got in trouble for their own thing Anyways, basically, he's not really a criminal So but I that's why I think people feel bad for him and you can empathize because listen It was like you could almost sum it up like That nerd gets a lot of money wants to impress people FBI ends up knocking him for it kind of unfairly takes everything now. He's broke and has no friends I feel bad would you say though two years ago Andrew you saw a lot of Jimmy's songs because crypto was pumping You know Bitcoin was at 60k. Is it true that a lot of people who are deep deep deep in a crypto possibly are in a similar situation Would you you get so rich beyond your wildest dreams and you want to live like a rock star or a celebrity? Yeah, for sure And you want to spend it on the flashiest people and the people that you kind of always Fantasized or dreamt about or that you aspire to be accepted. Yeah, right? It's not really people who necessarily care about you It's not the community. It's not necessarily your family Hopefully you are spending some on your family But like you're really spending on it to release dopamine and just feel cool But it's so fleeting and it's so shallow because in those circles you can kind of pay your way to get in But it doesn't mean it stays with you and you know, everybody knows somebody in their life Whether they've observed them from afar or close in like middle school or high school that was kind of like this You know, they're not they're not to the same level. These are like the 15 out of 10 I mean listen, we don't know any of these crypto billionaires But you knew a guy in high school that kind of was like this like his family owned some restaurants He had a little bit of cash and you what would try to throw parties for people His name was Michael Finn and I'm just saying, you know to hide the identity But this guy was obsessed with like all the prettiest white people at school Like he wanted to be accepted by them so bad that he would like it almost felt like he was like their slave I'm just saying man I'm keeping it real a lot of people said that why is there so many parallels with the story of Tony shade the billionaire of zappos comm Andrew as well as Joe low Obviously, you know, we had mentioned them earlier. What are some of the similarities in story? Yeah, I mean, it's just these Asian guys Chinese guys trying particularly Chinese I'm not saying it only opposite Chinese But these three guys happen to be Chinese or Taiwanese okay of some sort They are growing up in very very non-Asian areas and they want to be accepted by the cool pretty white people, right? Who is that at Georgia State Bulldogs, right? Or I'm sorry University of Georgia. That's gonna be frats and sororities I'm mostly white people, right, right? And I believe that Tony shade wanted to be accepted by a lot of I don't know models probably yeah, and I don't want to like blame it on wanting to be around white people But I think it's just more speaks to their Insecurities as people and they're kind of like lack of self-love and they're possibly you know Level of self-hate maybe that drives them to want to like live this crazy life and spend all this money around people Who don't actually care about them, you know, I wish that they were more around the Asian community or maybe that doesn't solve anything Maybe there's people within the Asian community that still act like this too Of course, um, Andrew the Asian male message boards reddit and stuff like that They had a ton of things a ton of comments somebody said it's sad to think that some Asian males upon becoming wealthy Want to be seen in the cool crowd thinking they will be accepted when in reality that is often not the case They want your money not you they want what your talents and labor produce not you Yeah, I mean and I want to say I think nowadays it's changing a little bit It's not just about being Asian, but obviously these guys First example like maybe Jimmy. He's like if you look at him, he clearly stands out of the friend group He's clearly not looking like everybody. He's not like a buff Asian guy He actually looks like a giant version of the guy from the Korean cartoon. Look is him kind of yeah Before the transformation, right, I mean it is I'm not gonna lie like they probably called him like and by the way Jimmy if you see there's no disrespect to you But uh like job of the hut or something no, I'm sure that they were teasing him behind his back or nicknames And I mean I'm assuming that the women were not all attracted to him and he wasn't he's he was just trying to spend the money How he could but I don't know if he knew how to deploy the capital correctly, right? Do you think he should have just lost weight maybe move to Asia or something like that? I don't even think he had that thinking growing up in Cobb County, Georgia Yeah, that's probably what he should have did because you see some fat guys in Asia living it up Honestly, sometimes that's the answer if you really don't fit in somewhere and you're so far from fitting in You know, you're so far from it like there is possibly an Asian guy who fits into that area But it wasn't gonna be him and I was like dude if you feel that Outsided you got to change your whole scheme. You can't just throw money at it. It's no longer a matter of money It's a matter of environment and then it's also you have to change yourself Yeah, especially in America, which is a country if you guys know that has late late stage capitalism a lot of people They almost like are past money now They have enough money like just because you have a billion dollars if you're an extremely unappealing person It doesn't mean everyone's gonna like you because damn Bill's Aryan still got to look like damn Bill's Aryan and have a bunch of money Right, right, right. Um, somebody said hearing about his family troubles and lack of acceptance in school It's hard not to feel bad for him. Although what he did was wrong He was just trying to achieve what he could not as a kid Somebody said great documentary so sad that Jimmy still got rejected from women even when he had a suitcase full of cash I burst out laughing when I learned that even though it was hard to think about Yeah, basically long story short Andrew There's a story where Jimmy Zong had a Suitcase full of seven hundred thousand dollars to impress women to like hook up with him and they still did not this is in his FBI testimony. Yeah, well, that's because that's weird That's not how you hook up with women who are especially not professionals at that job I don't understand like see this is the weird thing about a lot of people who Come from a hook who makes such a huge jump from being kind of like Outcasts right outcast and then they just get a bunch of money They think that they can literally wear money and then they're like, yeah, I got money ladies and I'm like, well guys Come on if you understand human nature, that's not exactly how things work especially in America Maybe that might work in some parts of a different country, but that's not how it's gonna work in America Somebody said almost everyone forgets about Asian males all together much less Prioritizing mental health. We even forget to take care of our own mental health It's important that we have to have the ability to live our lives fully That we make use of our talents because it's just gonna life is always gonna be way more difficult for it Us than some white Chad, you know, and this seems like such a trivial thing to say sometimes like a like a Almost like a solution, but David, I wish these guys like all these guys played more team sports I think playing team sports would have helped them Find just like just not think like this. That's what I think like I don't know doing martial arts or something would just help you not think so in a way ridiculous like yeah I have money. I'll just spin it and I'll be cool. I'm like, dude Like if you play a sport, you already know like you have all the money in the world I don't make you better at that sport everything like it still kind of teaches you about meritocracy is what I'm saying Somebody said Jimmy's on deserve better We all must learn a lesson from this and make sure that we should only be concerned about ourselves in our community This was obviously off the Asian board. Um, I agree, you know, I just think that a lot of people They don't receive the right coaching from what I read Andrew He had a very strained relationship with his Chinese mainland immigrant parents They probably did not provide a lot of good parenting outside of like study hard, right? Yeah Yeah, I mean they probably weren't great communicators I mean, I'm sure they were great parents in the sense that they provided him a life and took care of them and everything like that But as far as like teaching some kid in Georgia how to grow up and how to maneuver and how to be happy because think about it Listen immigrant parents can teach you how to survive teach you how to work hard oftentimes But some of the things that they're missing and not fully to their fault They're missing how to teach you how to maneuver around life and how to be happy Those are the things that it's very very hard for immigrant parents to teach. Yeah It's almost like they can teach you basketball skills But they can't teach you the flow of the game like five on five Schematics and like knowing well, they can teach you a passion for the game. Yeah, you can't teach that Somebody said he should have migrated and moved to an island destination and he could have lived like a king Instead believe the in the American dream and about how America is better But it did not work the way that he did He was basically also referencing that some white tech guys that come up on like a hundred million or a billion dollars Do move to the islands there have been several cases in the past documented Yeah, and I think that at the end of the day if you Introduce yourself to people by throwing money at them. You're not starting that friendship or relationship on the right foot anyways So obviously I think that the people who move to the islands like a cheap island in Bali and spending a million a year You could live literally like a king there It's like I mean, I don't know if that's like a better life too, but maybe you're just less sad I guess I don't know sounds like he was like frozen in a very high school like mean girls mindset You know trying to rise up the you know like glee or whatever sort of like Hollywood school like image that he had That was super blue pill. He was like he it's weird because he has some aspects of like understanding crypto Which is like super outside of the matrix and right into the you know thinking different But then when it came to a social life, he was just thinking like he was like 12 man Maybe he felt like that those were his friends though and he just wanted to spend money on his friends, too I mean he could have really felt like you know, not everybody has a Big group of great friends. They just have the people around them right and their whole worldview is being determined by that fishbowl That they're growing up in this is the other final comment somebody said holy hell I went to college at you at UGA as an outcast Asian guy who also just wanted to fit in with the all-exclusive White Greek life social scene just like Jimmy So I felt everything that Jimmy did and everything that he was going through in terms of social life in Athens GA as an Asian guy cast aside by all the pretty white people But instead of doing what Jimmy did I found social acceptance in run escape instead, which is a gigantic online RPG So basically saying I was living in the same town as him going to the same school And I was getting millions of not real money, but virtual currency GP from run escape. So I'm something of a Jimmy Zong myself I think dude, I you know, we know a lot of kids of Particularly nerdy families that are out in the boonies or out in areas where there's no other Asians like in the South and It can be uncomfortable, right? You're saying their parents might be like researchers at the local University or or might I Don't know any I mean they could I guess they could run a restaurant But it's a little bit doubtful or they're like professor at a community college Sometimes if you run a restaurant at least you're part of like some type of restaurant community I'm not saying that life is great either I just think life is hard out there man when you're trying to be accepted as an Asian kid Especially if you're nerdy and you're not and you know, you don't just don't get happen to be born Super good-looking. I think it's easier for the girls, but even then the looks is gonna come into play a lot Yeah, man, it's tough man. I don't I don't like I have a lot of empathy for it I've seen it like I've seen a lot of people do some lower extent of what Jimmy Zong did a lot in my life Especially if you grow up in a non-Asian area Andrew, let's just get into our takeaways I think this is gonna be kind of a long section. I mean What do you think the Asian community thinks about when they see this because everybody's seen it in their life? Obviously if you grow up in an Asian enclave if you happen to be, you know, like maybe really tall good-looking Really social off the rip, you know, you probably seen less of this, but I've seen it a lot. I just wish Nowadays in 2022 I can't like 2023 I mean like I think there's so many more resources out there in other communities that you can find Even if you're a kid growing up in like a small town in Georgia and you totally don't fit in There is some type of community that can't is positive that you can be part of You know what I mean? That doesn't mean shuck away trying to be accepted by your environment because I still think that there is something to be said about still trying to Make the best of your situation But regardless you got to use the resources at hand whether that's online whether that's through a certain group sports church Video games like whatever it is like there's something there Yeah, let us know in the comment section below what instances you guys have seen before I think the one that really strikes me is Michael Finn from middle school in high school I'm not gonna lie his Profile photo is him being the best man at this one like really good-looking white dude that we all know from high school His wedding like this guy made it his profile pic That's crazy to be shown with him. Yeah to be shown at his friend's wedding with two pretty white people Right, that's crazy to me. That's like so I can only imagine what his dating profile looks like on the dating apps It probably has him with all the white people that he hangs out with yeah Cuz he wants to have out he wants to show people like hey, you know, I'm not just like a regular Asian guy I can I got these friends Do you think it's important to raise your kids around an Asian community at least nearby if not a full-on Asian Enclave like the six to six of the OC or the Bay Area when you hear stories like this whether that's Tony Shea J. Oh low Andrew. He was isolated in the UK at boarding school I know that Tony share was from a non very non Asian area as well you know what it is man if you're gonna raise your kids in a Area that has no other Asians in it. You better raise them to be strong and confident or You expose them to the Asian community every so often if you're not gonna go out of your way to teach them to like You know be around their own people or be accept or feel like what it's like to be normal to be Asian Then you have to make them very very strong. Yeah, right? That's like your only two options You cannot not raise them strong and then also them be the only Asian kid is society changing like all these stories Are people that are like 30 35 40 for somebody who's 25 and under are these cases still gonna happen a little bit But I think it changes. Yeah, but I have seen kids like I feel like I've seen some like tiktokers Try to seek validation from like the white crowd because they're the only kid Asian kid at school So their content on tiktok is kind of like cringy or like borderline disrespect for the Asians Yeah, it feels like quasi self-hate. Yeah a little bit and I'm just like I don't want to watch this stuff And I'm like I'm sure you're you get comments from people at school and you like it Why do you think so many of these guys are Chinese? I think that it's because Andrew Chinese They have the least structured game plan. You know what I mean? Like I just feel like other groups are smaller They might keep it more tighter and they just have like different coaching I just feel like the Chinese world is so spread out and you could be like the children of So many different things that there's just no plan Yeah, I think it just comes down to like the coaching and obviously I think there's a lot of Chinese people who move To all different parts of the world. So I don't know. I mean, I think we could go on and all religion There's no like clannishness or that's a whole nother video, man I think it goes to show you America is so big and there's so many different fish bowls of different sizes You can be raised in a lot of the things that the way you perceive life are determined by the fish bowl That you spent from like zero to 17 and yeah, yeah Anyway guys, let us know what you think of the story of Jimmy zong in the comments section below Have you seen this before in your own life? Let us know what you think until next time we out. Peace