Bitcoin vs. Infinite Banking: Why I Still Choose Gold & Silver (Ep. 326)
Farming Without the Bank Podcast
Release Date: 10/31/2025
Windfall Alert: What Farmers Miss Every Single Year (Ep. 338)
Farming Without the Bank Podcast
Is life insurance a luxury—or a necessity? In this episode of Farming Without The Bank (FWTB Ep. 338), Mary Jo breaks down Chapter 7 of Nelson Nash’s Warehouse of Wealth and explains how Parkinson’s Law silently destroys financial progress, especially when people experience windfalls of money. From selling land, paying off equipment, kids leaving the house, or daycare expenses disappearing—windfalls happen whether you notice them or not. The real question is: Where does that money go? Nelson Nash’s real-life example shows how paying off a policy loan after a windfall can feel like...
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Corporations Don’t Pay Taxes — You Do. Here’s How. (Ep. 337)
Farming Without the Bank Podcast
You’ve been told corporations pay taxes, but what if that’s the biggest lie in the system? In this episode, Mary Jo breaks down who really pays for taxes, benefits, tariffs, and government programs—and why the consumer always ends up holding the bag. In Episode 337 of Farming Without the Bank, Mary Jo dives into Chapter 6 of Nelson Nash’s Warehouse of Wealth: “Lies, Lies, and Lies.” This episode exposes how taxes, Social Security, employee benefits, tariffs, credit card fees, and corporate expenses are never absorbed by businesses—they are passed directly to you, the consumer....
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Your Biggest Problem Isn’t What You Think It Is (Ep. 336)
Farming Without the Bank Podcast
Everyone says farming and ranching are hard—but what if the real problem isn’t expenses… it’s how money is being used? In this episode, Mary Jo tackles the backlash around “excess money,” breaks down why being debt-free isn’t the same as being financially secure, and explains why cash flow—not comfort—is the real solution. 👉 Follow Mary Jo Here: 👉 Get the book: In this candid rant-meets-masterclass, Mary Jo responds to critics who claim there’s no such thing as excess money in agriculture. She explains why higher cattle prices create opportunities, and how...
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Commodity Prices Trap Farmers In Debt (Ep. 335)
Farming Without the Bank Podcast
Most farmers still buy equipment the old way—cash or bank loans—losing years of compound growth. What if the problem isn’t your policy… It’s when the money runs through it? 👉 Follow Mary Jo Here: 👉 Get the book: In this episode, Mary Jo breaks down the “before asset” idea: running money through your whole life policy before you buy equipment, cattle, or cover operating expenses. She explains why premium is what makes you money, why loans themselves don’t, and how to think differently about “I can’t make the payment this year” when you are the banker. Whether...
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Banks Don't Want You Knowing This About Investments (Ep. 334)
Farming Without the Bank Podcast
Most people believe they’re doing the right thing by maxing out their 401(k) or IRA. But what if the entire system is designed to trap you later with higher taxes, forced withdrawals, and lost control? Follow Mary Jo Here: Get the book: In this episode of Farming Without the Bank, we break down The Market Scam from Nelson Nash’s Building Your Warehouse of Wealth** and expose what most financial advisors never explain. Mary Jo dives into Chapter 5 of Building Your Warehouse of Wealth, unpacking why tax-qualified retirement plans may be one of the biggest financial misconceptions of...
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Tiny Town, Huge Risk: What Buying a 60-Year-Old Business Really Takes (Ep. 333)
Farming Without the Bank Podcast
Be open-minded, ditch the negativity, and yes, you can buy that small-town business and make it work. In this episode, Mary Jo sits down with client and Iowa rancher/feed-store owner Erica Lantz, who walked away from a 14-year corporate food job to buy a 60-year-old feed store in a town of 1,000 people… during COVID. 👉 Follow Mary Jo Here: 👉 Get the book: Erica shares how she runs a 5th-generation farm with Dexter cattle, heritage hogs, hair sheep, hypoallergenic curly horses, and silky chickens while modernizing a tiny farm store, creating custom feed mixes, shipping...
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Parents Need to Teach This—Not Schools (Ep. 332)
Farming Without the Bank Podcast
Is your 401(k) really a “benefit”… or did you just get dropped into the government’s boiling pot without noticing? 👉 Follow Mary Jo Here: 👉 Get the book: In this episode, Mary Jo continues breaking down Nelson's book Building Your Warehouse of Wealth (Chapter 4) and why he called tax-qualified retirement plans a scam, how government “help” actually means control, and why cash flow + financial education beat blind 401(k) contributions every time. What we cover in this episode: We walk through the history of pensions, 401(k)s, IRAs and Social Security, and how...
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Change Your Financial Future Now! (Ep. 331)
Farming Without the Bank Podcast
Controlling the Banking Function in Your Life to Change Your Finacial Future! You might be saving 10% of your income… but quietly sending 34.5% of every disposable dollar to banks in interest. In this episode, Mary Jo breaks down Chapter 3 of Building Your Warehouse of Wealth and shows why how money flows is more important than the rate of return you’re chasing. 👉 Follow Mary Jo Here: 👉 Get the book: Using Nelson Nash’s “All-American Family,” we walk through where your money actually goes, why banks always win under the current system, and how using...
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Why Life Insurance Might Be Your Secret Asset! (Ep. 330)
Farming Without the Bank Podcast
Banks classify your life insurance as an asset, so why do so many people treat it like an expense? In this episode, we break down how dividend-paying whole life can be your warehouse of wealth without feeding inflation like the banking system does. 👉 Follow Mary Jo Here: 👉 Get the book: Chapter 1 of Building Your Warehouse of Wealth (Nelson Nash) hits hard: government programs, fractional reserve banking, and how we’ve become “part of the problem” by chasing cheap loans and rates of return. We contrast banks (who lend money that doesn’t exist) with...
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Stop Waiting for Inheritance; Start Farming Now (Ep. 329)
Farming Without the Bank Podcast
Are you waiting on an inheritance, a government program, or the bank to finally let you farm “for real”? In this episode, Mary Jo shows how that thinking is exactly what’s holding you back, and how Nelson Nash warned us about it years ago. 👉 Follow Mary Jo Here: 👉 Get the book: In Episode 329, Mary Jo dives into Nelson Nash’s second book, “Building Your Warehouse of Wealth,” and unpacks why how you think about money, wealth, and government programs determines everything about your financial future. From government “police actions” to farm programs and...
info_outlineBitcoin fans say it’s the future. I say: show me how it actually solves real-world money problems. In this episode, I walk through the biggest unanswered questions I still have about Bitcoin: volatility, inheritance keys, “who’s in charge,” government visibility, and why I still prefer AND assets like dividend-paying whole life over OR assets like BTC.
👉 Follow Mary Jo Here: https://www.youtube.com/channel/UCXYvzroUouEMsTGKFw5nJHQ
👉 Get the book: https://www.farmingwithoutthebank.com/book
Prompted by a listener (thanks, Todd!), I listened to a Bitcoin proponent debate and wrote down the sticking points I can’t get past. If Bitcoin is limited, why do explanations sound inflationary?
If it’s infinitely divisible, how is that different from a devalued currency? If most people don’t even understand the dollar, how do we get mass adoption of a new money system?
How do I plan a purchase in 5 years with that level of volatility? What about lost keys and inheritance? And if the government can track blockchain activity and tax capital gains, how does this “stop tyranny”?
I compare Bitcoin to gold/silver and outline why I prefer cash-flowing, contractually guaranteed strategies—especially Infinite Banking.
Key Takeaways:
◦ Value = belief. If 97% don’t understand money now, mass BTC adoption is a stretch.
◦ Volatility breaks planning. It’s hard to budget for real purchases with wide swings.
◦ Bitcoin behaves like an OR asset; I prefer AND assets that can grow while being used.
◦ Inheritance risk is real: lose the key, lose the asset.
◦ Government visibility & taxes exist—so “off grid” claims don’t really hold.
◦ Cross-border payments are a useful perk—but fees and frictions can creep in over time.
◦ Insurance companies and banks avoid BTC due to volatility and lack of cash flow.
Chapters:
00:00 Cold open: “Who’s running Bitcoin?” creator, mining & control
01:01 Shoutout to Todd & why this episode exists
02:58 Can BTC be a supplementary medium of exchange?
03:27 Ground rules: why I’m open—but unconvinced
04:39 “Limited” yet “inflationary”? Divisibility vs. value
05:31 Nelson Nash lens: “If dollars are worthless, why trade BTC for them?”
07:16 Value = belief; most people don’t understand money
10:06 Volatility vs. planning for real purchases
12:57 Invest in what you know; AND asset vs. OR asset
14:00 Lost keys & inheritance problems
14:58 Will BTC stop tyranny? IBC, voting & policy matter more
16:06 Govt tracking, capital gains & “digital money” already here
17:21 Why insurers/banks avoid BTC (volatility, no cash flow)
18:50 Who’s in charge? Mining, outages & resilience
20:10 The one valid perk: cross-border transfers (for now)
20:59 Trust, fees & centralization concerns
21:27 Dollar strength, crash talk & practical money use
23:04 Crypto dilution: too many coins, weaker adoption
24:19 “Explain it like I’m five”—if it’s too complex, that’s a risk
25:12 CTA: Want guarantees and an AND asset? Start with IBC
(Timestamps are from the video version. Audio-only edits are always shorter since they have had more fluff removed, so the timestamps are not accurate to this version.)
→ Want a strategy you can plan around? Start your Infinite Banking journey today.
→ Grab the Farming Without the Bank book and schedule your appointment to get set up.
→ Comment with your best Bitcoin arguments—especially on planning, inheritance, and governance.
• Farming Without the Bank book & consult:
https://www.farmingwithoutthebank.com/book
• Podcast home page:
https://www.farmingwithoutthebank.com/podcasts