When Robert Beadles, who goes by CryptoBeadles, first joined crypto, it was mostly cypherpunks. He says blockchain today consists of a lot of people trying to raise money for products whether or not they fill a real need. “Silicon Valley types,” he says.
Back in the day, Bitcoin was made of mostly libertarians. “They were anti-big government, anti-financial institutions,” he said. “Now, you have the epitome of evil in the space. You’ve got China coming into the blockchain industry, you’ve got JP Morgan with their stablecoin, HSBC, too. You’re starting to see Alibaba, IBM, Amazon, Facebook, and all these huge corporations, trying to leverage blockchain to either generate more money for themselves or offer more value to their customers.”
He says the evolution of blockchain has been an organic process. “From the beginning, where it was tech kids, to now where it is some of the same people that the tech kids were trying to revolt against.”
As a religious man, Beadles focuses on family first. In business, even those who are not related by blood are considered family. Beadles, whose oldest son often accompanies him to different Bitcoin conferences when the world is not locked down, has been with his wife since he was 14 years old. They were married by 17. “Having a kid was a big shock, because I went from being a kid that’s working, doing martial arts, football, working jobs to now people are reliant on me.”
They went from welfare and food stamps to creating a large California construction service company. They do work for companies like PG&E, AT&T, and more. “I built that through the grace of God and hard work,” he said. “And then I started building residential homes and multi-family homes. Once I got that up and running, I was able to go back to my roots of tech, build a software company, and start building applications and platforms for the government.” Now he runs Monarch Wallet and Monarch Pay.
For Beadles, God and family is everything right now. “My family keeps getting bigger, because I adopted more and more people that aren’t necessarily blood,” he said. “But, the family is huge. I try to incorporate them in everything that I do. So, that way, it’s not just me doing something. It’s all of us together doing something. That brings a lot of value to us, because we’re able to do a lot of cool stuff together, and it’s interesting.”
Beadles’ faith is his motor. “I’d have nothing without God,” he said. “So, I have trust in God, but I steer away from the rocks. So, in other words, I asked God for help, but I also put in the work. God is in everything. I trust in him and I know that he knows a lot more than me. I’m just gonna keep doing what I do and hopefully it all pays off in the end.”
At the end of the day, Beadles believes he will have to answer to God for everything that he does. “So, I make sure that when I do something, I’m doing it as ethically and as morally in line with the 10 commandments, with what the Bible says.”
His advice for people? “Trust in God and work your tail off. Don’t just sit around waiting for a handout. Don’t just sit around making excuses for why you’re not successful. If you want something, live or work your tail off and go take it. That’s how this world is, man. I like what Rocky said: ‘If you think the world owes you something, go out there and take it.’”