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Today we welcome Bailey Reutzel to Liberty Entrepreneurs. \n\nBailey was one of the first financial reporter to cover bitcoin, before banks would even acknowledge its existence. She just finished a six month, 48 state road trip and wrote an article about each state's financial and economic culture. \n\nTo get an idea of what Bailey wanted to accomplish during MoneyTripping, her road trip, check out the Atlantic article featuring her below:\n\nhttp://www.theatlantic.com/business/archive/2015/09/financial-alternatives-post-recession-living/404995/ \n\nYou can connect with Bailey at:\n\nHer Blog: http://moneytripping.com/ - over 50 blog posts from her road trip\nTwitter @BLR13 \nFacebook: https://www.facebook.com/bailey.reutzel \n\nAs a reporter for American Banker and Payment Source, Bailey broke some big early stories, and was one of the lone voices reporting on bitcoin to the banking sector. Bitcoin has mostly been seen as a consumer application, so Bailey reporting for a trade publication is quite unique. You can find an archive of her reporting here:\n\nhttp://www.americanbanker.com/authors/bailey-reutzel-1627.html \n\nShe currently writes freelance for Coindesk frequently \u2013 you can find her recent work here: http://www.coindesk.com/author/baileyreutzel/ \n\nFavorite Quotes from the podcast:\n\nOn Bitcoin versus private permissioned ledgers:\n\n \u201cI think a lot of these private permissioned blockchains, it is still yet to been if they can pull this off. Because everything is in pilot or proof of concept phases, and so the bitcoin community has an angle there to say were the only ones up and running, and we've been up and running since 2008.\u201d\n\nOn covering early Bitcoin companies:\n\n\u201cAnd a bunch of companies that I covered that covered back in the day are no longer around, and it's not necessarily because they were bad companies, it was because they were too soon, they were before regulation, and once regulation hit, it was like 'Oh shit, what do we do now?'\u201d\n\nAfter making a name for herself in the bitcoin payment reporting space, Bailey moved to London. There she met a group of anarchist squatters in London \u2013 who further motivated her to go out and do her own thing. She met guys like Brett Scott http://skepchick.org/2014/03/bitcoin-101-with-brett-scott/ and Dave Birch https://www.youtube.com/watch?v=ccTA2J1QcBM. \n\nAmongst the London squatters:\n\n \u201cThere was a huge group also talking about the history of money, predominantly because bitcoin is a thing. Let's go back, why is bitcoin a thing now? Does that say anything about money's past, or money's future? That was the initial underlying of MoneyTripping, the road trip.\u201d \n\nAn intense road trip - three days per state:\n\n\u201cAs the road trip went on, it just became more and more of a vacation. Where I am just going to do whatever I want. And I think that actually turned into better work. \n\nTo financially make MoneyTripping happen, Bailey saved up some money, and did some freelance journalism on the side. She also earned $1500 in tips, mostly through Paypal, but some bitcoin tips.\n\nShe started MoneyTripping with $8,000, and in all spent about $12k, living frugally. Half of the spending was on gas. To cap off the trip, she drove back into Missouri with $300 in her account. \n\nCould iy have something to do with the Bystander Effect? https://en.wikipedia.org/wiki/Bystander_effect \n\nOn limits to living where she wants to in the world: On a freelance budget, there's no way they would give me a visa. There is a systematic bias towards employment in the modern immigration system. \n\nFavorite Quotes from the Podcast:\n\nOn Bailey's view of the US economy after driving through every state: \n\n\u201cThere's a huge contingent of young people in this country right now: the job market is shit, unemployment is high, and so what do you do? You become an entrepreneur.\u201d\n\nThe best way to create your lifestyle of freedom and flexibility is to get into the entrepreneurial mindset. \n\nKeep. Building. Freedom.