create the world that you want to live in

create the world that you want to live in

[Music]
hello out
there we’re on the
air happy
Tuesday is it a happy
Tuesday I just realized I forgot to post
this on
Noster anybody anywhere anyway holy
cow it is Tuesday
oh but it’s a beautiful day it’s so nice
outside spring is
here feels good life feels good right
now good to see some friendly faces in
the house this morning we got crypto
Heathen we got Tommy
D checking on zapt stream just fired
up okay
well where should we start this morning
where should we start that is the
question I look a little bit different
today don’t I I got a special shirt on
today which we’ll get to in a little
while but I should post this on noer
because I’ve already posted a few things
on Noster today so let’s say we are live
and that’s it and then we can just keep
going keep going with our day it’s gonna
be a good show today it’s G to be a good
show it’s one of those it’s one of those
episodes where I think we need to figure
a few things out
and I want to talk through a few things
kind of like some thought experiment
type deals and what what inspired that
today was a
cbdc bill in a country and so you played
through these different things in your
head I think that’s the best thing that
you can do because we really don’t have
a clue where we’re going to go from here
we have no idea but you can think things
through you know step by step one year
five years 10 years and then you can
kind of guide your own life based on
what you think is going to happen
because at the end of the day it doesn’t
really matter what’s going on outside
the world it’s all about in here and
your day-to-day your local economy your
local market and your networks and I
think that the Bitcoin Network here that
we’re that we’re building is going to be
a big part of
that so with that we got YouTube and
uh we got zap.
stream oh Craig’s over on zap. stream
morning
Craig we should be able to fund the show
today yesterday the Lights Went Out on
zap do stream because I didn’t pay my
utility
bill that’s kind of cool though I like
that
because from my experience on with this
kind of stuff so we have the living in
the future and the the patr on itself is
set up in a way and hopefully people
don’t exploit this but if you do I’ve
found a way around it but anyways on the
patreon what you can do is you can
actually create an account you can put
in a credit card the payment declines
but you still have access to the patreon
this is a little known secret of the
world and so if you I’m on to it now
there was somebody who was doing it in
there I don’t know if they were doing it
intentionally or not but anyways so he
got he or she got a couple weeks or a
month for free on there without
paying so that’s the old world the new
world if you don’t pay your utility bill
they cut you off instantly that’s the
that’s the beauty and the power of
microtransactions micro
payments so let’s uh let’s say see you
here sorry this is taking me a
while or here
no we’re just going YouTube today
sorry sorry Z to stream I don’t have
time we got to keep the show going here
zapt stream is going though we got Dan
over there we got Craig we got a few
other people and over on the
YouTubes we have
Johnny little late super busy at my job
it’s okay man we’re here we’re usually a
couple minutes late on the show but
we’re here every morning that’s the main
thing I think
uh what else we got going on we got Rick
is in the house good morning my friend
smash the like yet that’s a good
question have have you and if not how
come how come
no Terry there’s a new face in the chat
more and joring everyone good morning
glad to have you here
today Brennan says 86 3264 128 256 512
bit coins eventual fair value levels in
my honest opinion
hm it’s an interesting
Theory maybe have to expand on that a
little bit Brandon I’m not it’s early
Tuesday I’m not really up to Snuff with
puzzles this
morning uh Craig says sent some sass
yesterday via zap. stream after the cut
off hope you received I did I saw that
right after the show so thank you for
that Craig is helping fund the zap.
stream channel
cost a little bit over there a little
bit of Bitcoin to run the show over
there so I appreciate that thank
you
Daddo look at
that one of our fellow Bitcoin Ben
enthusiasts we might say but Bitcoin
Enthusiast most of all think he’s a
Litecoin guy
too but we don’t discriminate here other
than
ethereum so let’s kick things off here
we got some metrics we’ll get to the
Daily block reward some
news and then the chat create the world
that you want to live in that’s what
we’re talking about today because at the
end of the day you have the decision you
do up here your thoughts control
everything in your life they dictate
everything in your life so that’s what
we’re focused on
today so let’s get to some metrics let’s
get to some
metrics did I miss anything I feel like
I’m missing something right now maybe
it’s just my
outfit forgot my
hoodie no I
didn’t okay metrics let’s go let’s go
let’s
go here we
go Brandon says Sor those numbers are in
thousands doubling compounding over time
against the inflationary system Bingo
it’s exactly what we’re talking about
today oh look at that drop how did that
happen there’s a lot of things that
happen on the Bitcoin blockchain that
really puzzle
me and make me ask why and that is one
of them how do we go from consistently
for the last couple days since the
having thousands of SATs per Vite to
hundreds of SATs per Vite and then all
of a sudden we dropped to 42 and it’s
not like it was an empty block there’s
490 uh 4
4991 transactions in there so how does
that happen
84521505
so that’s a significant difference right
now for the
miners remember that the miners make all
of their revenues from Bitcoin Bitcoin
mining and last week on Friday we were
all
celebrating but the Bitcoin miners their
revenues get cut in half their costs
don’t change in fact they probably go up
as we go along here but their revenue
cut in
half so that’s that’s pretty wild and if
you think about that this is kind of the
this was the average of the subsidy and
fees last week a little bit higher than
this obviously but let’s say 450,000
that’s per block
and then today because of the subsidy
and I think that this is kind of the
normal as we go forward here the 42 SATs
gets cut by 1 15,000 bucks so that is
significant for the Bitcoin miners I’m
not envious or jealous of anybody who’s
Bitcoin mining that is a very tough
industry and it’s why I kind of shifted
my I mean I I hold Bitcoin obviously
that’s my significant holding otherwise
I probably wouldn’t have a Bitcoin
Channel but I also have some other
Investments and I recently switched from
Bitcoin mining stocks into the ETF and
into micro strategy for that reason it’s
just very difficult for these
miners to stay to keep the lights on and
to keep the miners running when every
four years your Revenue gets cut and
half and so what we would expect here
and what should
happen is that the way the Bitcoin
everything works within Bitcoin is that
even though the subsidy and the fee went
down in Bitcoin because you know it’s a
having year the price usually goes up
significantly their dollar amount over
time
will equalize
stabilize but we’re not there yet the
price hasn’t moved much in the last
little while the last having it didn’t
move till
around September it didn’t really move
much until September so it it haved in
May 20120 and then it wasn’t until about
September 2020 where the price really
started to move but then it
10x so that was before Wall Street that
was before all of these countries that
was before everything that’s been
happening in Bitcoin so I do expect a
fairly significant movement this summer
or
fall so the fees 250 SATs they have gone
down for one block but that’s been the
average for the last little while 250
SATs per Vite pretty high too high if
you have a choice of moving Bitcoin or
not don’t move Bitcoin right now on
layer
one and you know we’re going to see
stuff like this we’re going to see high
fee environments over time and there’s
going to be different things that
trigger it but there are going to be
high fee
environments and so part of your Bitcoin
plan and Bitcoin your part of your
Bitcoin strategy should be setting up
for that setting up for the Times where
it is a high fee
environment which includes maybe some
liquid maybe some ecash maybe some
lightning Phoenix wallet and then when
fees go down that’s when you have to
take advantage of that and consolidate
your
utxos so there’s a whole lot more to
bitcoin than just buying it and holding
on to it for a long time and I
mean there has to be otherwise I
wouldn’t be able to show up every
morning for an hour and talk about it
right so price today $66,500
us one year ago today you could have got
a Bitcoin for
27583 and four years ago you could have
purchased one Bitcoin for 7500 bucks the
Moscow time today we’re going to get rid
of this having thing because that’s a
long ways
away and I don’t feel like doing the
math every morning Moscow time this
morning one US dollar will get you 15514
SATs the price today in
Canada
9,429 like we always say it is the deal
of a lifetime
anytime you can get one
sat anytime your dollar gets you more
than one set that’s the deal of Lifetime
and probably more so than that actually
depending on what your theory around
Bitcoin is
Moosejaw musja Saskatchewan the time
here in Canada is one Canadian dollar
will get you
115
SATs
bye-bye bye-by
metrics okay so now we’re going to do
the daily block r Bo and that is the
best boost the best comment from the
last day boosts will be prioritized I’ve
said that before but if you are somebody
who’s into Bitcoin likes Bitcoin is into
earning Bitcoin you definitely have to
get onto the fountain app every single
day turn on a podcast it doesn’t matter
what it is I
mean if you’re somebody with an open
mind it’s never a bad idea to just kind
of go through a few different podcasts
and and see different perspectives than
you’re used to and I’ve kind of started
doing that there’s a whole bunch of
different shows on there and so you can
earn free Bitcoin every single day on
the fountain app just by listening to
podcasts so the Bitcoin Jour the Bitcoin
journey is on there if that’s something
you know you want to watch it in the
morning and then just turn it on to earn
some free SATs after but you can also
send a boost to the podcaster so you can
send 100 SATs a thousand SATs a million
SATs and you can leave a little message
on there with the SATs
actually speaking of that what what was
my idea last night that I
had suggestion box that’s what it was
okay let me write that down here we’ll
talk about that in a
second where was I Fountain so that’s
what we’re going to start doing we’re
going to start reading the top boost or
comment if there’s no boosts we’ll read
a comment and so this one is from
yesterday we I was talking about gold
and I was talking about how much gold is
out there and how much gold is out there
that we don’t know about or they don’t
tell us about and so I started hinting
at the fact that most of the national
parks in the world or especially here in
Canada in the US there’s much more than
just wanting to attract some tourism
there a lot of it’s protected a lot of
it is very good rich full of Natural
Resources like gold that they just block
off from
everybody so the comment yesterday this
is
from Derek M over on
YouTube and the comment was this is a
constructive one not a real positive or
A negative but a constructive one and
the comment is that he said that there
are several parks that are federal land
that are not open to the
public some are even no fly
zones so I mean just growing up in
Canada here there’s a bunch of
provincial parks there’s a bunch of
national parks and they kind of become
I don’t know you you have a much
different perspective on them than I
have now I used to be like okay well
they’re you know putting all their
resources together they’re hiring people
they’re bringing in tourism they’re
doing all these good things but there’s
always more to the story and like the
comment says there’s there’s several
parks that are not open to the public
and some are even no fly
zones so just ask yourself logically why
would there be a no fly zone over a
national park
why think there’s some Majestic animals
in there that they don’t want the people
to see or maybe something
else I don’t
know not up to me to tell you but it’s
up to you to think about
it zap. stream crypto Heathen says when
we zap do the SATs go directly into the
Chann channels fund or an intermediate
wallet is that
on zap. stream or
on Fountain cryp
in because if it’s zap. stream it goes
directly into my Albi wallet which is
connected to
my zap. Stream
Account and Fountain I believe they take
one or two% of all SATs that are boosted
on
there Daniel says late to the show Good
Morning Nolan went over Nolan starts
early then
hey must be on the East Coast
or he’s an early riser one honestly one
of the things that has made the biggest
impact had the biggest impact on my life
is getting up
earlier I don’t know why and I’ve seen
some people on Noster say that it’s a
cheat code to life I really believe that
you can get a shitload of even if you’re
not doing a live show you can get a
shitload of stuff done in the morning
before everybody else wakes up you get
your stuff done and then you have the
rest of the day you can free up some
time maybe to hang out with family the
dog kids do some stuff that you like
maybe go to the driving range in the
afternoon get some sun I don’t know I I
spent way too long too much of my life
sleeping in not sleeping in until like
10 but like half an hour before I need
to work so you wake up you’re not even
really you don’t even know what’s going
on you’re just going through the motions
go to
work come home eat watch Netflix go to
bed do it all again it’s just a bad
cycle to get into I think
Adrien Lee says top of the morning hey
that’s a good line top of the morning
Stephen rvy stated that all things are
created
twice there’s a mental or a first
creation and a physical or a second
creation all things I really believe
that too that’s a big part of what we’re
going to be talking about today man
Adrien Lee’s got some timely
quotes timely
quotes and vake there’s a new face as
well be the change you want to see in
the world
Bingo oh we got a little Anonymous zap
over on zap do stream love that love
that thousand SATs and the comment says
epic five will be Epoch five will be
epic couldn’t agree more this Epoch is
gonna
melt faces off I think personally oh
that’s
Daniel says that was me I forgot to log
in
says on zap. stream so you have to then
allocate these sets to keep the stream
up or zaps don’t directly fund the
stream so yeah if I don’t if I don’t pay
like I have to go into zap. stream into
my settings and fund my wallet uh fund
my
wallet manually so that’s what happened
yesterday I forgot to do that and it cut
me
off I mean I deserved it I
guess I deserved it so that is the daily
block reward shout out
to uh who was
it Derek great comment
Derek so anyways what I was what I was
gonna say there is last night we were
watching a show here we started
watching uh what was it Ted
lasso so I don’t know if there’s many
Canadians in here but I we we’ve been
watching Mr D love that show but there’s
only six seasons on Netflix so we got
through those and we’re looking to try
to get
um it onto the last two seasons so the
last two seasons aren’t on Netflix for
Mr D so we tried downloading Apple TV I
did a free trial for seven days had to
pay for it still so I got a free trial
on Apple TV plus but you still have to
pay for those so it’s was like three
bucks an episode I can’t be doing that
if it was SATs maybe I I would spend a
couple hundred SATs but not two bucks or
three bucks
so anyways Ted lost so we started
watching that got through one episode
before
bed before the Bitcoin stuff goes on to
put me to
sleep usually throw on nvk podcast uh
really helps you puts you to sleep but
anyways they were doing a suggestion box
on there and they were doing it
anonymously and I was thinking maybe we
could start doing that for living in the
future an anonymous suggestion box and I
was thinking a really good way to do
that would be similar to like a boost
but it it’s like a your own lightning
wallet and you could just send in a
suggestion or a message with a zap or uh
with some SATs it could be five SATs
could be whatever you want the SATs
isn’t important it’s a way to send
something like a message anonymously
without anybody knowing that it was you
so I do think that there’s going to be a
lot of use cases for lightning outside
of just sending money back and forth you
can can do you can send a message with a
SAT
anonymously I mean there’s other ways to
do that probably but I just think that
that’s uh you know if you wanted to
filter if you want to have some sort of
filter there between just Spam and you
know actual productive stuff you could
use SATs for that
lightning so there you go let’s get to
uh niml Lord’s in the house good
morning Daddyo says there’s plenty of
time to sleep when you’re dead no doubt
at the same time though I also think
that sleep is also
underrated so that’s the tough thing for
me is I love getting up early but I also
love staying up late so not a great not
a great equation there been trying to go
to bed
earlier nvk podcast helps
that Brennan
says search for the stanbury res
research debate between sailor and F
geistra on Gold Michael lays out one of
the most epic arguments on how gold is
the only is only good for war because of
its ability to be seized inability to be
seized I guess you’d
say oh sorry gold is I got you I got you
yeah you can’t sees uh he can’t sees
Bitcoin that’s a great
Point that’s a great point it’s
something
physical okay so let’s keep things
rolling here let’s get to some news we
got a little bit of news
actually I changed the whole dynamic of
the show about 10 minutes before I
pressed go live so we’re GNA see how
things go this was going to be more of
like a negative show Almost today I was
I was almost going to title it what was
it here at the top Freer range humans in
a tax farm that was the original title
of today’s show freerange humans in a
tax farm so we’re going to talk about a
couple different things here we’re going
to talk about
cbdcs and then we’re going to get to the
good stuff
afterwards
so where are we here where are
we uh yeah let’s kick things off with
this so this is what kind of triggered
my thoughts this morning and last night
and this is from bitcoin
news by the way bitcoin news is a
sponsor of the show big shout out to
them for supporting such a small YouTube
channel like this one
so every day we do some news it’s
sponsored by bitcoin news makes sense
and uh the one thing I wanted to point
out today about bitcoin news is that on
the 26th which is on Friday they’re
actually doing a live show called The
Dow of
Bitcoin so there was a book that was
just put out called the Dow of Bitcoin
and I think that’s what they’re going to
be talking about on the show but this
was the this was is what the book
says says the most bullish case for
Bitcoin is is not found in the currency
de basement it lies in the power of Hope
and the Abundant nature of the physical
Universe very
interesting so I’ll definitely be
checking out that book because I I’m a
big believer in that I think that
Bitcoin is so much more than just a
currency or an investment or a
measurement it literally changes
everything about you once you start
digging into money into history into
Bitcoin and the further you get down
that rabbit hole the more it changes you
so that’s on Friday on the bitcoin news
Twitter feed it’s a live show and
they’re going to be talking about the
Dow of
Bitcoin so there you go shout out to
bitcoin
news so where are we now here we go so
this is a a tweet from bitcoin news it
says new a bill presented to the
Paraguay legislature would introduce a
cbdc while also recognizing Bitcoin as
an experimental legal
tender so the deputy presented a bill
that aims to regulate the virtual
currency as well as the creation of a
national digital currency and the
digital assets regime this parliamentary
initiative is in addition to the
prohibition of crypto mining which is in
the
Senate so what does that mean to you
what does that sound like what’s the
first thing you think of when you read
something like that because that is kind
of been a a common theme in debate over
the last year or two in
Bitcoin is when we move into a when not
if we move into a Bitcoin World a hyper
Bitcoin world what does that look like
do countries have currency still do
governments still have any sort of
power how do how do both work together
and to me this is kind of my opinion on
how I think the whole thing is going to
go is that I think there there will be
cbdcs I don’t have any doubt in my mind
that all the governments are going to do
their best to try to nationalize their
currencies and digitalize them but if
you really think about
it especially here in the North
America we pretty much already
use a
cbdc if you if you ask the average
person
if you took a survey you asked 100
people how often do you use
cash probably maybe two out of a 100
would say that they use it regularly
Maybe Might it might be less than that
honestly everybody uses their phone
everybody uses digital dollars we
already have that and it’s funny when
people say that they’re turning on the
printing press or they’re printing more
money they’re not printing more money
because they don’t need to have they
don’t want more cash in in the economy
they’re just adding zeros to their
balance sheet or to their debt load it’s
all they’re doing it’s already
digital but this is very interesting
that Paraguay is also recognizing
Bitcoin as an experimental legal
tender so to me this is just my thoughts
on it is like there will be
cbdcs without a doubt and if it doesn’t
really matter if there’s cbdcs because
as long as a Bitcoin and as long as as
Jeff boo says as long as it stays stays
decentralized it doesn’t matter what
other currencies are out there it
doesn’t matter if there’s a million
cryptocurrencies it doesn’t matter if
there’s a cbdc if everything’s being
measured against the one currency with a
fixed scarce
Supply then we could have a trillion
other currencies it doesn’t really
matter as long as we’re measuring it to
that fixed
currency and I think that over time I
don’t know how long it’ll take I think
that the cbdcs will ultimately fail not
because people stop using them but I
think that we’re going to transition
away from the government control that we
have
now I think the governments are going to
become less and less powerful and on the
flip side of that I think that
corporations especially the big ones
like Black Rock are going to become more
powerful we’re kind of already there if
you look at the last election and how
influential the corporations were on
deciding the president that just goes to
show you that the majority of the power
is in the corporations at the corporate
level not the government so they’re
going to roll out these cbdcs it doesn’t
really matter I think that as long as
Bitcoin is here as long as it stays
decentralized we’re
fine and that’s GNA kind of be the theme
of the dryer just stopped here and it
got really quiet but that’s kind of
going to be this theme of the second
part of what I’m going to talk about
today
uh
Caesar good morning another new face
Apu what does that referring to was I
talking about
something I don’t know anyways we
already we are already on
cbdcs the worst thing I think that could
happen is if they take away cash
completely but at the same time and and
this is something that you know when I
when I was talking to my hairdresser
about this I said that Bitcoin is
essentially
cash it’s called it’s at the top of the
white paper it says it’s a peer-to-peer
electronic cash not
currency cash and if you really think
about it it’s the exact same way if you
had a lightning wallet the wallet of
Satoshi you didn’t have to enter your
name you didn’t have to enter your phone
number your email address nothing is
connected to you all you do is download
a wallet of Satoshi and let’s say that
you went on to Noster you you hooked up
a new Noster account started earning
some SATs into that wallet of Satoshi
you didn’t have to enter your name you
didn’t have to enter your phone number
you didn’t have to show a proof of
identity on Noster and so you could
start earning these SATs Bitcoin into
your
wallet and then if you wanted to pay
somebody if I wanted to send you some of
my SATs from my wallet of
Satoshi what none of that process has
been kyc I can do that without any Bank
knowing about it I can do that without
any government knowing about
it and I just send you the money without
anybody anybody’s permission or anybody
knowing about that so that’s a big
problem for these
governments how could they ever control
that it would be
impossible so that’s why I think that
Bitcoin is essentially cash and people
you know that I think once the once the
powers that be figured out that they
can’t stop Bitcoin the one thing that
they did was try to Usher us into this
world of Ky seeing our Bitcoin so that’s
buying Bitcoin on exchang when you have
your name attached to it or holding a
Bitcoin ETF which is attached to your
name that’s not what Bitcoin was
designed to do we’ve kind of been pigeon
hold and pushed into that world of
kyc so that’s kind of where I wanted to
start senior citizens use cash I love
using cash personally and I think that
as more and more people
learn Bitcoin and learn about Bitcoin
start earning Bitcoin they might TR I
might start using you know I’d much
prefer to use Bitcoin obviously but cash
is you know we have to keep the cash
going over on zapt stream crypto even
says the big Banks the corporations the
governments and the rich will use
Bitcoin as a settlement and they’ll push
cbdcs on the working class lightning May
save
us it’s fair
point fair point I do think that the
layer one will be much too expensive for
the average person to use uh but that’s
not what it was really designed to do I
think that if we ever moved into a
Bitcoin
World anybody including Satoshi could
have realized that the the free market
aspect of the Bitcoin transaction fees
would make it unusable for a lot of
people and that’s not really what it’s
designed to do I see the Bitcoin layer
one network as being as crypto Heathen
said a settlement layer four countries
four big corporations even for us if you
want to buy a house with Bitcoin you’re
not going to send it on Lightning you’re
going to it it’s going to replace the
bank wires which we use today if you
want to buy a house you send a bank
wire Bitcoin it cuts out the middleman
there but it does the exact same thing
because it settles you cannot reverse
that transaction and it’s able to handle
these bigger
transactions Brenan says Bitcoin is
actually a perfect replacement for cash
because of the uh s that’s it’s a hard
word to say pseudonymous
Ledger auditability is the extent of the
government’s control and that is better
than paper cash for
them yeah I think that that’s one thing
that people get wrong about
Bitcoin is that it’s not a currency
Bitcoin is not a currency I mean it is
there’s there’s two parts to bitcoin
that you have to understand there’s the
network the Bitcoin Network which is
essentially just a giant open immutable
Ledger it’s what tracks all the
transactions it’s all it is just a
ledger then there’s a currency which is
Bitcoin that runs on top of that that’s
what the currency is on top of that
ledger so you know people get really
lost I think with all the different
terminologies within Bitcoin but it’s
really as simple as that it’s just a
giant open immutable ledger to keep
track of things which we never had
before even with governments if you
think about all of your tax money every
every week that you pay that goes to the
government they decide how they spend it
where to allocate it but we have no abil
we have no ability to audit them none
when was the last time that the Federal
Reserve was audited when was the last
time our government was audited I think
the Pentagon in the US has failed its
audit something like eight out of the
last 10
years so we give them all of our energy
all of our tax money we we just trust
that they’ll do the right thing with it
but we’re not able to audit that
but with Bitcoin it’s just a ledger so
we can see all the
transactions and the small guys the
little guys like us will be able to use
lightning and we’re going to be able to
be more private with our transactions
every day whereas the governments you
know you can figure out whose wallets or
what and I that’s what I think the next
part of this
is is the governments and the banks that
do Embrace Bitcoin are going to be the
ones that stick around and and Outlast
this and they might fade over time
but the ones who Embrace Bitcoin are
going to be the ones that win and so if
you think about a country
like let’s say let’s use Paraguay as an
example even though they tried to ban
crypto mining whatever crypto mining is
but let’s say
parue so they they Embrace Bitcoin as a
as a legal
tender they introduce a
cbdc they potentially Embrace Bitcoin
and let’s say that they make their
wallet public so they say this is our
cbdc this is the Bitcoin that we hold
you can go and see it you can see how
we’re spending our money do you do you
think that people would rather hold that
than the Canadian dollar where there’s
zero
transparency so what happens there
Paraguay’s currency actually becomes
more valuable because more people are
using it or holding
it I mean eventually you know you think
the most people will just hold Bitcoin
but there is going to be a very long
transition here between here and there
and so it is the countries that’s going
to be the banks who who do that kind of
stuff who are very transparent they’re
going to be the ones that win because
somebody’s going to do it and the ones
who don’t do it are going to be pushed
aside Jason says my mom has used cash
the last two years hasn’t or has
vake says the main concern I have is a
future hostile Fork launched by the ETFs
and government and micro strategy to
change Bitcoin on a protocol
level I I don’t want to get too far into
that road right now I don’t think that
that’s possible I think that micro
strategy has 1% the ETFs have about 1%
they have a very long ways to go before
they’re even in a conversation but I do
think that you know futurewise if we’re
talking a hundred years from now because
we know that black Rock’s not going to
stop buying Bitcoin ever they have
unlimited
Capital they have their hands in every
company on Earth they’re never going to
stop buying Bitcoin so I do see that as
a as a concern as well but it’s not
going to be for a very long
time and you know I I don’t know what
the counter to that is the counter to me
is like
buying Bitcoin at this stage as a little
guy holding on to it for as long as you
can spending it when you need to but
only spending it within your own economy
within your own Bitcoin economy so it’s
not going to Black Rock you’re not
selling it on an exchange that will go
to Black Rock you’re spending it with
other bitcoiners in your
network and that’s kind of that’s kind
of the decentralization that Jeff Booth
talks about I don’t know how specific he
gets but I do think that that’s one cure
for it and you know people talking about
it people being aware of it that’s step
one and it’s something that we have to
decide ourselves if that’s what we want
to do because if you think about it like
logically black rock is going to be
buying Bitcoin forever they’re never
going to sell any of their
Bitcoin and the more that they buy and
the less available there is the more
scarce it is the higher the price is
going to go and when the price goes
higher this the 70% of people who
haven’t moved their Bitcoin in the last
couple years let’s say that Bitcoin went
to a million dollars
tomorrow how many people are going to
sell their Bitcoin for Fiat and buy uh
new
car probably a
lot and where’s that Bitcoin going to
flow to Black
Rock so we have to be prepared for this
we have to be ready for that to happen
because it’s going to happen that’s what
they’re going to do they’re going to
push up the price because in that other
world in the Fiat World they have
unlimited Capital they have unlimited
amount of it and so it’s going to be a
very shortterm boost for you you know
whether you buy a car buy a house
whatever that is but in the long term
that’s going to be a very bad thing for
us and black rock knows that they’re not
dumb Carl good morning my friend good to
see you good to see you
yeah boom me that’s a good name says I’m
just wondering how do we do any research
on BTC to find out anything unless
someone tells us their
wallets yeah you just answered it
yourself they would have to tell you
their wallets that’s the beauty of
Bitcoin you can’t figure out other
people’s wallets I mean there there are
people that have and do and do this kind
of stuff for living there’s crypto or
Bitcoin analysis firms I think chain
chain analysis is one but for us we
wouldn’t be able to just figure out
where you know what our government’s
Walt is unless they told
us and at that point you think that
there’s just going to be such a huge
shift and dynamic here in Bitcoin
because if you look at the amount of
wallets that have over one Bitcoin it’s
not that much and there’s hardly any
countries that own Bitcoin right now so
let’s say that a country start start
printing money to buy Bitcoin or taking
on more debt to buy Bitcoin their
balance starts going up so the the
number of wallets actually gets smaller
and smaller over time and they just
accumulate more Bitcoin so you know as
this thing plays out you’re going to be
able to see quite easily whose wallets
are who’s but we’re a long ways from
that and so that’s why I’m saying like
if if there’s a government like Paraguay
who said we’re going to make our wallet
trans or our wallet transparent El
Salvador did this too and they actually
started receiving Bitcoin for
it so the governments are going to say
this is our wallet you can see where our
funds are going to and how much is going
there at a time and they’re going to be
the countries that people move to and
invest in and hold their currencies in
because the C these cbdcs are coming
without a
doubt oh there you go Jason so his mom
has been using cash exclusively keeping
Cash
alive love that love that Craig over in
zap. stream says could be worth doing a
deep dive on using Bitcoin across layer
2 Lightning liquid for cost privacy and
utxos consolidation best practices also
think Atomic swaps are incredibly useful
like bolts and S Swap and may be
subjects members want to learn about
yes
definitely that’s going to be such a
huge part of navigating this whole thing
is learning how to you know not just
buying Bitcoin and holding on to but if
you actually plan on doing things
properly and not getting burned in the
future there are so many different
elements to this thing so definitely I
mean we got a Daily Show so I think that
that kind of stuff I would rather do in
the living in the future or the other
tiers I don’t know just because it’s
more private that way it’s more more
effective I
think okay so let’s what else do we got
here one more piece of news that I
wanted to talk about and then we’re
going to watch two videos here two short
ones but the other piece of news that I
saw was that the new the New York Stock
Exchange they’re testing Around the
Clock
trading officially New York Stock
Exchange is testing Around the Clock
trading and if you’ve been watching the
daily Bitcoin
Journey we we predicted this a while ago
like Bitcoin right now runs 247
365 and so on Fridays the stock exchange
shuts down and the price of Bitcoin
keeps going up keeps going down and
there’s going to be a time where it
either crashes and Wall Street is unable
to buy it or it shoots up and Wall
Street is unable to sell some of theirs
to realize some profits
and that’s when they’re going to say
okay that’s enough because whenever wall
Street’s losing or or not winning they
change the
rules so I said there’s absolutely no
doubt that the stock exchange is going
to become a 365 trading just like
Bitcoin they’re not going to change
Bitcoin to be Monday to Friday 9: to5
because they can’t so they’re going to
change the rules and they’re going to
start their Stock Exchange to be
247365 as well and if you’re been paying
attention to Guys Like Larry fin who
basically control the world in a
roundabout way he said that everything’s
going to be
tokenized and it could be that’s the
thing there could be stocks that are
tokenized there could be cbdcs that are
tokenized but as long as Bitcoin is
there and as long as Bitcoin is
decentralized none of that matters they
cannot change
that because you have to have a fixed
Peg and that’s what Bitcoin is that’s
what gold was for a lot of years but
it’s not anymore Bitcoin is that and
gold did a kind of a shitty job at that
as well mostly because we have no we
have no idea how much gold is out there
and if we need more gold we can
certainly get more
gold Bren says if you sell just to buy
that car you will have sustained a loss
and you will feel it your Bitcoin will
be gone that’s one thing I was going to
do and I think that I might do that
later in the week is talk about selling
your car for Bitcoin or if you would
have bought a a sold your car a couple
years ago and bought Bitcoin what does
that look like I think cars are
really overrated personally and I need a
car bad and in a vehicle here but uh I
think the biggest waste of money you can
spend very Fiat world is getting a new
truck or a new
vehicle horrible Financial advice
okay so here’s what we’re going to do
we’re going to watch a video here short
one sorry I’m getting a little bit
behind here on the comments but that’s
okay why stay in a country that isn’t
transparent
exactly
exactly so let’s uh that’s not what we
want let’s stop sharing
that let’s go to watch this video here
we’re going to start with this one we
got a really short one and like I said
this was what I was going to title the
show
today uh where are we
here okay so this
is 30 seconds
long and it talks about how much has
changed in the last 150 years in terms
of our governments and our taxes and
everything so the title of today’s shows
was supposed to be called called free
range humans in a tax farm and so let’s
watch this and see what she’s talking
about
here 150 years ago you didn’t have to
ask permission from the government to go
fishing own a property build on your
property renovate your home use a
transportation vehicle start a business
get married own a weapon hunt cut hair
sell a product protest grow your own
food sell that food that you grow on
your own property
or even just set up a lemonade stand and
now you virtually can’t do anything
without asking for the government’s
permission first so if you still think
you’re free you’re deluding yourself
hate to break it to you but you’re a
free range human in a tax Farm 150 years
ago you didn’t have to ask permission
from the
government free range humans in a tax
Farm I think that’s an incredible
analogy because I’ve had conversations
with friends before and I don’t really
want to dive too far into this on a
public show but as soon as you were as
soon as you use the word
slave that’s when people they instantly
shut off they just as soon as you say
that they don’t listen to a single word
you say after that and that’s because
we’ve had such a negative connotation
around the world the word slave and how
we’ve been taught history through the
years but if you think about about a lot
of people right now in the world that we
live in the Fiat
World PE everybody’s working harder for
Less 40 years ago there was one parent
that had to go to work and they could
afford pretty much anything with that
one salary now you got two parents
working the kids go off to public school
where they learn about all this woke
while the parents are working
their asses off and a lot of people I
know work all day every day just to get
by so what would you call
that well this one is a free range human
in tax Farm I like that
one because it perfectly sums it up you
know we have this like I said a very
negative connotation around the word
slave you think of slave and it’s like
somebody out there with a whip and
you’re chained up that’s not what
happened for
one but if you think about people who
are just working to
survive and you say Well they’re not
being forced to work well our government
if you look at the the debt clock that
we have when you’re born into the world
right now you have about
$220,000 worth of debt on your back the
day you come
out your first breath you got $220,000
worth of debt attached to you and then
you go off you go through school you
learn how to be a good employee a good
Society
member you go to school even further you
take on more debt you promised a really
good
job at the end of it then you finish
school you have $100,000 worth more debt
on top of that you don’t have a
job you’re working at
Starbucks and what do you
do you got to pay for rent you got to
pay for a your food you got to pay for a
few other things along the way what are
you supposed to do not work and I’m not
saying that we shouldn’t work that’s the
exact opposite of what I’m saying
here I’m saying our work our labor and
our energy should not be allocated to
where it’s being allocated right now we
should be way more abundant than we are
today way
more we were I mean that video 150 years
ago you didn’t have have to ask
permission let’s watch it again after
talking about that these are all the
things that they brought into the world
in the last 150
years 150 years ago you didn’t have to
ask permission from the government to go
fishing own a property build on your
property renovate your home use a
transportation vehicle start a business
get married own a weapon hunt cut hair
sell a product protest grow your own
food sell that food that you grow on
your own property or even just set up a
lemonade stand and now you virtually
can’t do anything without asking for the
government’s permission first so if you
still think you’re free you’re deluding
yourself hate to break it to you but
you’re a free range human in a tax Farm
150 years
ago it’s
crazy it’s crazy when what’s happened
and it’s crazy that most people are just
okay with it and it’s mostly because
we’ve never known anything differently
the old fish Born Into Water is the
exact it’s a perfect analogy for that
most people don’t know any differently
because we’ve never lived in a world
where that wasn’t
around
so what I’m getting at here and I think
that you know hopefully that people can
understand what I’m saying
here um
but this what this is the other part of
it because we do have a choice now we
didn’t have a choice in a world before
Bitcoin we didn’t have a choice and we
were in a lot of trouble I think because
if you look at if you think if you go
down the cbdc rabbit hole and you say
okay well that was their plan all along
to introduce this digital dollar they
knew that this Fiat dollar would die
they knew that the whole system would
have to be reset and they would Usher us
into this Central Bank digital currency
by that time everybody would be on their
smartphones everybody would have their
everything attached to that and that
that’s basically everything that’s kept
in all those things they just listed how
they can enforce
those they’re threat if you don’t pay
your tax if you don’t do this if you
don’t do that we’re going to shut down
your bank
account and if you don’t have a bank
account you’re in a lot of trouble in a
in a society like this you’re in a lot
of
trouble you can’t get a mortgage you
can’t get a car you can’t get anything
without a bank account you can’t start a
business without a bank
account but with
Bitcoin they can’t do that to you they
can’t freeze your
Bitcoin they can’t they can come to your
house they can knock on your door and
say hey we saw that you bought this
Bitcoin back in
2024 hand it
over and if you do it properly if you’re
ready for that if you prepare for that
there’s nothing that they can do they
would actually have to go inside of your
brain get 12 words extract those 12
words get your Bitcoin and send it to
themselves and there’s no way that that
happens today
anyways so yes if we continue down this
road and cbdcs were introduced and you
said something wrong or if I posted this
video
online and the cbdc owners the
government didn’t like that they could
freeze my
account and in a world without cash I
would be in a lot of trouble and that’s
what they wanted to do they wanted to
get rid of cash they want wanted to go
100% digital and they would have full
control of every aspect of your life
even more than they’ve already got right
now but with Bitcoin they can’t do that
so they can introduce all these
different things that they want it’s not
going to have the same impact as it did
when they could freeze your bank account
and essentially ruin your life with that
they can’t do that
anymore so this this next part here
which I’m going to be talking about
is oh there’s some action over in zapt
stream love to see that we got
uh wish I I’ll have to refresh this so I
can see n
pubs okay I’m going to go I’m going to
come back to that because it’s still
just showing nug oh there we go so it
says my path to fire Zapped 100 SATs
thank you my
friend said so true and Daniel says I’m
super interested in ways of oh this is
something else
sorry uh my path to fire says make
people a slave and they don’t even
realize it I was telling somebody
yesterday that there wasn’t passports a
100 years ago they couldn’t believe it
that’s what I
mean we’re we’re fishborn in water and
they were going to Usher us into this
very dark dangerous controlled
World until
Bitcoin until Bitcoin
so yeah I mean that’s the thing the
boating accident is kind of like a funny
joke and like a a metaphor around
Bitcoin world but it’s the truth because
if you if you really think about it if
they came to your house and asked for
your Bitcoin and you did it properly if
you have things set up properly there’s
absolutely no way for them to actually
get that Bitcoin they cannot confiscate
it from you and when they can’t freeze
it when they can’t confiscate it that
takes away a lot of their
control a lot of it that’s that’s been
their threat for the 150 years if you
don’t follow these rules we’re going to
shut you down so there are more things
to worry about here there’s a lot to
navigate and and plan out with this
whole thing and we’re still thankfully
in the early stages of this and and
people who are here now are going to
have the ability to do that not
everybody
will not everybody
will so
Craig over in zapot stream says think
this graphic showing who owns Bitcoin is
interesting summary of it 70 okay so
this is cool let’s let’s take a quick
look at
this show is going to run a little bit
long today but that’s okay we don’t
mind let’s take a look at
this so the cool thing about zap.
stream is that I can Craig shared a link
in here what you can’t do
on YouTube so he shared a link this is
the what he shared this is the graphic
that he
shared and he said that the summary of
this is that individuals own 77% of
Bitcoin
77% Black Rock owns about
1% so over time that could change that
could shift all of this will change all
of these boxes will different in 20
years from now and it’s kind of up to us
what we do with that it’s not it’s not
up to anybody else anymore because we we
have the power right now we have the
influence right now we have the Bitcoin
right
now so it really depends on you know
what what’s your definition of
wealth do you want to have a nice house
nice car sell your Bitcoin to Black Rock
or do you want to create the best future
possible for the people who are going to
be here
because going down that road is very
scary and you before I discovered
Bitcoin and went down the Bitcoin Rabbit
Hole I was very depressed because of
that because of the cbdcs because I saw
where this world was going and I didn’t
understand that Bitcoin was a full
counter to all of that so we’re going to
watch one more clip here and this is
from Jeff
Booth our favorite guy Jeff Booth we’re
gonna have him on the show one day I
guarantee
it but for now we’re just going to have
to watch some of those clips
but this is uh a couple things within
this couple things number one he says a
a specific phrase that you’re going to
notice within the video which ties into
this Channel and what we’re doing here
but also the the main thesis here is
that we have the ability to
choose our world we have the
ability our thoughts our actions where
we put our time where we put our energy
that’s the world that we create
so let’s listen to Jeff here he says it
much better than
me so we’ll give him the screen
time here it is this is three minute
clip but very
worthwhile what is your opinion on the
separation of money and state how long’s
this going to take what’s your timeline
on this do we have any we have no idea
what to compare it to uh yeah so a long
time but you don’t have to wait nor does
the person in Nigeria or does the person
you don’t have to wait for your country
to get it you don’t have to wait for
anybody to get it you can move so I
would I would bet Nico that your life
and what you do looks a lot more
positive than many of your friends
measuring from Fiat world and I’m gonna
wait for you to come back on just to
answer it up absolutely 100% it does yes
so so you’re not waiting you’re already
living in uh you’re already living in
the future and it’s getting and it’s
getting better and better for for you
and so when people people ask me all the
time when will they’re spending 90% of
the time or 95% of the time reinforcing
clown
world I I kind of ask when for you
because that’s what matters and then the
more and more people that move their
time over the more people see exactly
what you’re seeing versus your friends
because they’re just measuring from an A
system based on on theft and you aren’t
and so your life is getting better and
better as a result of that more hopeful
be because of that how long um there’s a
whole bunch of people that if if you
pull up bitcoin price in Argentina right
now um that has uh and you’d see 55
million uh uh per Bitcoin there’s a
whole bunch of people that still believe
the Argentina peso still has value and
they’re measuring in uh in that so so if
that’s the way that the world works and
they don’t see it yet
then probably a long time because the
other thing that that influences is
every time those currencies devalue to
the extent that they do the US dollar
gets stronger and it extends the life of
the US dollar because those people think
US dollar is a good thing and they go
and try to save in US Dollars when
really what you what the us in this
situation is doing is strip mining those
populations from all of their
productivity and and so if they don’t
see it yet and they haven’t moved to
bitcoin even though they anyone in that
population could then then I suspect
this is going to take a long time but it
doesn’t have to like the speed is driven
by us the speed is driven by how much of
our time we move into the new system and
teach other so things like your show and
all of the incredible people that are
trying to spread this around the world
so other people are seeing it um we’re
all connected through that and the more
connection we
have the world doesn’t look like people
look if you go to all these countries
and actually meet people they look the
same everywhere same hope same dreams
same and you see that in Bitcoin and you
see that in Bitcoin conferences no
matter where somebody is we’re all one
and so as you start to realize that and
your time matters in the system you
start spending more time in your system
but you don’t have to wait for anybody
[Music]
pretty powerful words there did you hear
him say you’re already living in the
future have you heard of living in the
future
before we’re there already we’re there
we’re already there that’s a crazy thing
if you’re somebody who’s learning about
Bitcoin if you’re somebody who’s buying
Bitcoin coin if you’re somebody who’s
earning Bitcoin buying things selling
things with Bitcoin you’re already
living in the
future and there’s a in the living in
the future show that we do a couple
times a week we’ve been listening to a
fell named Earl nighting Gail I think
his name is and he talks about the 95%
of people and the 5% of
people and 95% of people all go the same
direction they do the same things
they’re all competing against each other
it’s not it’s a rat race essentially
this was 100 years ago he’s talking
about this and then you look at 5% of
people people who are doing things
differently the people who are taking
risks the people who are creating and
living in this world that’s a 5% of
people and I think that’s a perfect
representation of where we are in
Bitcoin right
now so a couple things there he talked
about the US dollar and how Argentina’s
uh
argentinan value the US dollar like it’s
like it is the currency and so I talked
about the fact that all these different
countries including the us could roll
out a
cbdc but as long as Bitcoin is there it
doesn’t really matter because the world
that we live in and the world that we’ve
lived in for the last 100 years has been
pegged to the US dollar that’s been the
world Reserve currency so yes countries
can print money but then their value
goes down compared to the US dollar but
when the US dollar does it nothing else
is that’s the peg
that’s what we’re valuing everything in
today is a illusionary currency by a
government that’s the peg they can do
what they want with it they can print as
much they can issue as much
debt without our
votes so that’s the peg that we have
right now so anything could happen we
could have all these cbdcs we could have
all these different cryptocurrencies but
as long as we have a solid foundation a
solid Peg like Bitcoin Nothing Else
Matters that’s the key so the thing
here and we’re going
to we’re going to talk about a few
things because you know it’s it’s fun to
talk about these things it’s fun to
listen to Jeff Booth talk but at the end
of the day we still need some actionable
things that we can
do I’m going to take a couple questions
here but let’s uh oh look at this we got
BTC Backpacker in the house we got
cleaning up 12 great YouTube channel
bod and yes this is the famous quote
from hyek this was in the 80s he said
all we can do is BU some Sly roundabout
way introduce something that they can’t
stop we’re not going to go to war with
these people we’re not going to defeat
them all we can do is by some Sly
roundabout way introduce something that
they can’t stop that was before
Bitcoin bod says can you program your
Bitcoin to something like a slow Strat
slow sad stream sort of like an annuity
but self-controlled where you don’t
access your main stash yep it’s
programmable and people hear the word
programmable and they think of being
able to control people and they that’s
you know cbdcs are also programmable but
it still gives you the ability to do
things like that and you can do things
like inheritance stuff where you pass
your Bitcoin on to your kids but they
don’t have access to it until they’re 40
or something or until they’ve watched
100 episodes of The Daily Bitcoin
Journey stuff like stuff like that you
can do because it’s
programmable Summer Breeze good morning
my
friend bod says smash like that would be
much appreciated and we got Satoshi
Nakamoto in the house look at
that okay and I must have missed a
comment here but Satoshi Nakamoto says
someone mentioned Jones Plantation you
already know best movie that will never
be played on mainstream media
interesting I’ve never heard of
that let me write that one down Jones
Plantation I’ll go back to the original
comment here
too
because we’re live and we can
do whatever the hell we want to what did
I miss I think the problem is a lot of
these faces look the same a couple gray
ones where is it oh right here Adrian
Lee our guy says the Jones Plantation
great movie we all live on the Jones
Plantation interesting so it’s probably
the same thesis that she’s talking about
in that short clip then by the sounds of
IT smash like And subscribe sat wow the
daily Bitcoin journey is hitting some
new all-time highs here we got Satoshi
in the in the channel and subscribe to
the
show never heard of this channel this is
amazing
glad to have you here my friend glad to
have you so here’s what we can do here’s
what we can do I got a couple
things so the first one that I want to
mention is what what can we do because
if if we actually want to get out of
this we’ll call it the Jones Plantation
let’s say we want to get out the Jones
Plantation what do we do what can we do
we have the ability to do it
now so the first thing that you should
be doing is you should be supporting
Bitcoin companies
and I don’t know that there’s a
directory or anything out there that
would be actually a smart
idea there are apps like that I think
that already do that kind of stuff but
it would be nice just within like our
Noster within this community if we had
some sort of bit uh business directory
that accepts Bitcoin I think that’d be a
good place to
start so anyways support Bitcoin
companies and that’s why I wore this
shirt today
21 million shirt I always wear my hoodie
and my Navy hat but I wanted to show
this one off today look like a dummy
there but that’s okay it’s a it’s a
great shirt I got in the mail yesterday
it’s from our buddy Eric from ju dep POS
he sells some really good Bitcoin
merchandise king golf is going to be
teaming up with him for a few different
shirts so I wanted to give a shout out
to Eric for one for this awesome shirt
21 million with a little ghost I bought
it actually live on the show a couple
weeks paying with
lightning so you have to support Bitcoin
companies because what we want to do
here is we want to we have the Bitcoin
now we don’t want to sell it for Fiat
which will eventually flow to Black Rock
we want to be buying and selling things
with Bitcoin so then whoever we’re
buying from they’re getting the Bitcoin
black Rock’s not getting the
Bitcoin so support Bitcoin companies I
also there’s a sponsor of the show
called grey Ridge coffee
they’re a local company from Manitoba
here they roast their own beans here in
Manitoba the coffee is amazing drink it
every
day they’re sponsor of the
show both of these links actually
there’s a little discount code in the
description everything you ever need to
know about the show you can find in the
description below but it’s called
juxtapose that’s where this shirt is
from that’s where we’re going to have
some king golf stuff as well on there so
you can use a discount I think you get
10% off or free shipping if you pay in
Bitcoin and then with grey Ridge you
actually get 25% off their their coffee
and it’s made here in Canada roasted
here in Manitoba and he’s a bitcoiner he
accepts Bitcoin on the site and he’s
been very helpful in my journey to get
here and we’re actually teaming up on
something pretty special this summer
which we’re going to hear more about
someday so there’s the two support
Bitcoin companies there’s a ton out
there and one other thing on that one
other thing on that is that if you are
somebody who sorry I’m kind of going
down a few different places here and
there I’m trying to keep up with the
chat too but
um morning
Danny keep it real we’re trying here
we’re
trying summer Bree says Bitcoin can’t be
a currency if you don’t print money
liquid dries up economy collapses
Bitcoin will be a niche store value
maybe 50
trillion that’s an interesting Theory
interesting theory for
sure if you don’t print money but the
the thing that I would argue there is
that you don’t need to print money you
just add decimal places so even though
the the actual amount doesn’t increase
you just cut it into smaller slivers you
you fractionalize it you divide it
further so I think that that’s a a
theory that we’ve been taught is that
you need inflation in the economy I
don’t I don’t I don’t agree with that
theory
I think that if you have Bitcoin as the
Peg and then you can keep expanding it
you keep moving the decimal places as
more and more people show up there the
exact same thing happened with land in
the new world here people showed up you
could get a whole town worth of land for
like a dollar and as more more people
showed up they started dividing that
land into sections half sections quarter
sections uh Acres
Lots they didn’t print more land they
just divided up and as more and more
people showed up the value of it went up
and they kept moving the measurement of
that land so it’s a good theory I
disagree with it but that’s okay that’s
what the show is
about so anyways what I was saying there
was that you don’t have to be a Bitcoin
company to be part of this
economy what you could do is is what
take a good hard luck at what you do
every day what do you like doing and how
could you earn Bitcoin for that and the
one thing I think that a lot of people
are sleeping on right now in
Bitcoin is starting a business you don’t
have to go through the typical rails
that whole thing that all that
start start a business whatever it is
that you do and start promoting yourself
to
bitcoiners so use Noster use things like
this show like this is the most
underpriced opportunity out there you
could literally send in a boost for 100
SATs on Fountain I’ll read your message
whatever it is you could say I’m a a
bookkeeper who wants to start earning
Bitcoin this is how you can get a hold
of me like this show reaches you know a
fair amount of of people and bitcoiners
if you want your audience to be if you
want people paying you in Bitcoin you
have to get in front of bitcoiners and
the cheapest people to get in front of
right now are bitcoiners it’s like an
absolute
no-brainer so that’s one support Bitcoin
companies number two support Bitcoin
channels
as Jeff Booth said the people who are
out there educating people and having
discussions about Bitcoin we have to be
supporting them and I don’t ask for much
on the show I really
don’t show up every morning we talk
about Bitcoin I don’t ask for a whole
lot but and you’re already here you’re
already supporting this channel but what
you can do is start looking at other
YouTube channels you can start liking
their videos you can start commenting on
their videos because it actually it goes
a long way and not only like their
actual ability to earn living but the
motivation aspect of that if they’re
putting out this these good Bitcoin
videos and nobody’s showing up nobody’s
liking it they’re going to stop doing
it and that’s count that’s counteractive
to what we want to be doing here we want
to be growing not shrinking so anything
that you can do without you know you
don’t have to spend money but you can do
things like commenting sharing liking
stuff like that it actually goes a
really long
way so support bitco coin
channels the next one here I see I see
30 some odd people on the the the
streams here on
YouTube use
Bitcoin
Tech big shout out to everybody who’s on
zap. stream right now we have to be
using these things otherwise they’re
going to go
away we have to be using these things
like Noster like don’t wait to get set
up on nost it’s so easy to
download an application create a private
and public key pair and start posting on
there spend less time on Twitter more
time on Noster less time on YouTube more
time on zap.
stream like we have to be doing this I
don’t mean to get fired up here but
these people are building things like
zap. stream like Noster and you’re still
spending all of your time in the old
world on Twitter on YouTube and earning
Fiat when you can just slowly move over
to this we have to start using these
Bitcoin platforms Bitcoin
applications next one here ask
businesses if you can pay in Bitcoin
very simple to do and a a good way to do
this is you know you go to a restaurant
in your town you don’t have to ask to
pay in Bitcoin but just ask the waitress
can I tip you in Bitcoin
and still give her a tip in cash like
that’s why I carry around cash and I
have Bitcoin on a phoenix or a wal the
Satoshi and then they say I don’t know
what Bitcoin is I’ve heard of it I have
none of it they download an app you send
them Bitcoin you give them a tip all of
a sudden you’ve created a new bitcoiner
they’re going to go home they’re going
to tell some friends that they have
Bitcoin they’re going to start paying a
little more attention to bitcoin every
month they’re going to open up their
wall to Satoshi and see what their
bitcoin’s worth now that’s how you
create new bitcoiners
and the last one
here the last
one ballsy golf over in zapt stream
actually I’m G to give Craig a Zap for
that for sharing that resource on
there and I’m going to give ballsy golf
a little zap here as
well because his comment was we’ll try
and tell two people who will tell two
people to grow this
channel that’s how it happens that’s how
exponential growth happens but we have
to be the ones we’re the ones who are
here now we have to be the ones who
Kickstart this whole thing nobody else
is going to do it for
us we are the ones in charge here we
create the world that we want to live
in and the last one
here uh bod says if you’re a business
owner 80% of the people who want to do
business with you don’t know about it
yet that’s a great
quote and if you were bod if you were on
zapto stream I think you are sometimes
but if you were I would zap you for
that uh what did Satoshi Nakamoto
say yeah you only part with your Bitcoin
if you don’t know it’s the superior
asset agreed okay so this is what uh the
last thing I want to say here so we
talked about the Bitcoin companies we
got ju to post here they got great
Bitcoin gear
love the
shirt this is going to be my most worn
t-shirt for sure 21 million and you’re
like a walking billboard people see 21
million they might ask you about it or
they might just think about it next time
they hear 21 million that think oh yeah
I saw some Bozo wearing a 21 million
shirt with a ghost on it we got grey rid
coffee the best coffee out there 25% off
using the code I think it’s King in the
description but support these people
support them if you
can and the last business I wanted to
talk about here actually I’ll talk about
this
first but you have to create a
plan you have to create a strategy for
yourself because it’s going to look
different for everybody and I’m not
asking you to leave your job today call
your boss and say I just watched this
video of Jeff Booth talking about
spending too much time in the Fiat world
I’m
out quit
you don’t need to do that just start
slowly every day moving into this new
system but you have to have a plan and
part of that plan is actually going to
be moving your Capital if you’re
somebody who’s let’s say 30 40 50 60
years old you’re going to have a ton of
capital in that old world in that old
system and you’re you’re not just going
to decide one day that you’re going to
take it all out and you’re going to buy
Bitcoin with it because you’re going to
get hammered with tax because all that
capital is in a system where they know
exactly who it belongs to you
and so if you just take that out you’re
going to pay a shitload of fees you’re
going to pay a shitload of tax and it’s
going to hurt you’re going to waste a
lot of your energy that you put into
earning
that so what you need to do is you need
to create a plan and a strategy for
yourself to slowly exit that system
you’re not going to do it in a day
you’re not going to do it in a year but
over a couple years if you understand
taxes if you understand that kind of
stuff maybe you take a quarter out this
year maybe you had a good business year
so you only take a quarter out next year
you take half out and you can do a
little bit less in terms of earning for
your business or maybe you get some cash
maybe some Bitcoin it’s not on your tax
return but you need a strategy in terms
of withdrawing that capital from that
system and putting it into the new
system of Bitcoin and you have to have a
plan in
place so let’s say you do a quarter you
do half next year and then the year
after that you take the other quarter
and then by that time you’re all the way
out of that system it’s all in Bitcoin
you maximize your taxes by doing that
because your tax is based on your income
every year and so if you can find a way
to split that
out it just makes more sense you’ll get
more Bitcoin out of
it Carl says I was hoping to be sitting
on a tropical beach drinking my drink
out of a pineapple by
now Ah that’s good stuff well
you know stick around for a while start
earning some Bitcoin start building your
life in a way to to do that and it won’t
be very
long Letha says I like the Bitcoin shirt
that says did you just assume my
tender I haven’t seen that
one okay so let’s round things out big
shout out to Daniel for the zap over on
zap. stream a th000 SATs and a shout out
to my path to fire for 100 SATs over on
zap. stream I very much appreciate
everybody for being over there and for
the people who are zapping the goal
today was for some good karma
today so those two will have some great
Karma
today okay so let’s uh let’s round this
out the one thing I want to say with
that is that because most people even
bitcoiners most people are pretty
unfamiliar with how taxes work how
financial planning works and even though
you are in Bitcoin in this world if you
still have some capital in that world
that you want to get out in the most
efficient and effective effective
way consider getting a financial
advisor and I know that goes against a
lot of bitcoiners views but there are
financial advisors out there who
actually do this and help people move
Capital out of that system and into
Bitcoin either through an ETF micro
strategy or actual self- custody of it
and I happen to know a guy there are
very few financial advisers out there
who are embracing Bitcoin teaching their
clients about it and helping people move
from the their capital from the old
system into the new system and I happen
to know one of them so big shout out to
krysler for Parkview private wealth if
you are somebody who has a bunch of
money in the old system if you’re here
in Canada and you want to move that over
time not all at once but over time in
the most efficient way possible get in
touch with me and I’ll put you in touch
with krysler and we’ll figure out a plan
how to do that I can help or he can do
it but either way we can do that but you
have to have a plan in place
and so even if you just go to krysler
and say this is what I have this is
where I want to go he’ll start you out
on that plan that’s a very good starting
point for your plan because that’s going
to kind of dictate how you do things in
your life for the next couple
years because the worst thing that you
can do is decide that you want to move
out of the system today you quit your
job you take all your money out you pay
a bunch of fees you pay a bunch of tax
that’s the worst thing that you can
do so get a plan in place if you need
somebody to help you out with that get
in touch we can do it
it’s what we love to do it’s what we’re
here to do so with that let’s uh let’s
round things out for
today there we go somebody also sent 420
SATs and I don’t know how that’s
happening on here it doesn’t show up in
the comments so maybe they do it
anonymously but there is also a Zap for
420 SATs over on zap. Stream So shout
out to you whoever you are who did that
great numers great
zap so Dan says another Dan in our
life hello there everyone from Sunny
England I’ve been cramming Bitcoin
knowledge into my brain on my drives to
work for the last little while
determined to learn all I can and
improve my
future so here’s what I would say to
that and I do think that this is the
perfect way to close this the oh Letha
says that was her it always happens do
you know why I don’t know why but I love
that Letha 420
SATs uh thank you I don’t know why that
happens and I don’t know how to fix it
maybe if kieran’s here or the grinder is
here maybe they can troubleshoot that
maybe I’ll reach out to
them and see how we can fix that but
Letha now that I know that you are the
420 zapper I’ll give you uh a thank you
for sure every time I see that in there
it doesn’t show up on my screen though
either I have to go into
my um Alby wallet to see
it okay where was I
here long show today this might be a
record
show but that’s okay feel like this was
a very important conversation
today so this is what Dan says I’ve been
cramming Bitcoin knowledge into my brain
on my drives to work for the last little
while determined to learn all I can and
improve my future so this this is the
last thing that I want to say today and
this is I’ve G given five actionable
items here the last one I want you to
consider is joining the living in the
future
tier you can click it in the description
below you can access all the videos
we’ve done all the ideas all the
discussions the idea there is that we’re
becoming better bitcoiners we’re
building businesses and Bitcoin and
earning stats every month we’ve already
built one we got one Venture underway
it’s earning
and of course the network if you want to
be buying and selling and learning from
each other network is a big part of
that so Jeff Booth says you’re living in
the future this is an actual way to live
in the future we one sat equals $1 we’re
planning for that we’re strategizing
we’re building systems and businesses to
prepare for that but one thing that
we’ve been talking about in there is
like I said Earl
Nightingale and he says that you know
one of his things was that every single
day for five years he has he talks in
fiveyear
plans and I I prefer to talk in fouryear
plans because that aligns with the
having cycle the epoch so in four years
for he said for one hour a day if you
committed to that to learning it would
be you would Amaze yourself of how much
you would be ahead after four five years
but I’ll say four so with that and if
you and if you think about how
much you’ve been putting into
Bitcoin how much time how much energy
you’ve been spending learning about
Bitcoin for more than one hour a day
think about after four years how much
that’s going to pay off I think that
most people in this chat and who are
listening to this later are
significantly underestimating how much
knowledge and how useful that’s going to
be in the future and how much leverage
that’s going to create for them even
though it hasn’t happened yet if you’re
somebody who’s putting in the time to
learn this stuff and different aspects
of it and build a business for one or
two hours a
day you’re you’re going to be very well
positioned in the next four years and
that’s what we’re focused on four years
at a
time one day doing things right one hour
one day at a time but over the you know
if you set your direction for four years
you’re going to get to where you want to
go so you can literally create the world
that you want to live in just take some
time some proof of work so with that
back’s getting sore longest show ever I
appreciate everybody very much for being
here
today I hope you have an amazing Tuesday
thank you thank you for showing up lots
of new faces in here and this Channel’s
been growing at a very good pace so I
appreciate that very much everybody so
have a great day hopefully it’s as
beautiful there as it is here today and
we’ll see you right back here first
thing tomorrow
morning bye-bye

get in touch: https://bitcoinjourney.ca/

livin in the future: https://www.patreon.com/user?u=83780281

KEY LINKS IN THE CHAIN:
Bitcoin mining / golf analogy: https://youtu.be/YMkTJ8DY6Xo
NOOGLE: https://noogle.lol/discover
JUXTAPOSE bitcoin merch: https://juxtapose.store/ save 10% with the code “88SATS”
Wild Life (The Unschooling Podcast) – https://www.fountain.fm/show/0cjwJbTn…
Grey Ridge Coffee: https://greyridge.coffee/ – use code “KNG” for a 25% discount
Park View Private Wealth Management (Crysler) – cjamieson@fswpartners.ca
Bitcoin News website: https://bitcoinnews.com/
Bitcoin News YT: https://www.youtube.com/@BitcoinNewsCom

———————————————————————————————————–

nostr pubkey: npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5

21-day bitcoin journey course: https://www.patreon.com/user?u=837802811

substack:
⁠https://bitcoinjourney.substack.com⁠?utm_source=navbar&utm_medium=web

coldcard: https://store.coinkite.com/promo/BC20…

if you would like to donate sats to the cause: knggolf@walletofsatoshi.com

buy non-kyc bitcoin in Canada: BULL BITCOIN
use this link to sign up for an account and get $20 worth of free bitcoin!
https://bullbitcoin.com/signup?referr…

you can also buy bitcoin anonymously using bull bitcoin services with cash at the post office. here’s how:
https://www.youtube.com/watch?v=wvSdL…

contact me: 88sats@proton.me
website: https://silverstones.ca

If you need ANY help with bitcoin: stuck transaction, lost transaction, second set of eyes, second opinion, scenario planning, developing a bitcoin strategy for your family, for your business, utxo management, accepting bitcoin for your business, increasing your bitcoin security…
set up a 1-on-1 session with Jor: https://calendly.com/silverstones/30min

———————————————————————————————————–

The daily bitcoin journey is a live show, every morning at 8am CST, focused on actionable and logical discussion for bitcoiners and future bitcoiners.

Today’s episode talked about creating the world you want to live in. The reality is that YOU have the ability to guide your own life based on your thoughts and your actions.

We talked about the control vectors that the old system has used for the last 150 years and why they are no longer effective. In addition, we talked about some actionable items that you can do to help this transition happen sooner.

They included:
– supporting bitcoin companies
– supporting bitcoin channels
– using bitcoin and freedom tech like nostr/zap.stream
– asking businesses if you can pay in bitcoin
– tipping waitresses with cash AND bitcoin
– creating a plan and strategy to make the transition slowly
– join the LIVING IN THE FUTURE tier and start slowly living in the future with us

We also talked about a few pieces of BITCOIN NEWS and more including:
– waking up early is a cheat code
– the impact of central bank digital currencies
– free range humans in a tax farm
– Paraguay looking at making bitcoin legal tender
– creating a directory for bitcoin businesses

————————————————————————————————————————-

We also talked about the new segment of this show – LIVIN IN THE FUTURE. Once or twice a week, we will have a deep and thought-provoking discussion on living in the future. We have a very small window of opportunity here and we have to take advantage of this. Whether you’re a new or advanced bitcoiner, this segment will have something for ANYONE looking to pounce on this opportunity. Check out the LIVIN IN THE FUTURE tier in the patreon for more info!

If you would like to create a bitcoin strategy for yourself, your family, or your business, please contact me at 88sats@proton.me!

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