Hey SatsMate Stackers, 

You don't have to look far to see how much greed surrounds the World Cup. It is crazy to think about how something as innocent as a global football festival has now become a multibillion-dollar conglomerate industry. Yes, the games are entertaining, yes, the tensions are high, but now more than ever, you can feel that they are really trying to stretch every opportunity for more money. Whether it is the sponsorships, the dreaded hydration breaks, or something as simple as the seats/beverages, it has gotten out of control! Specifically in this podcast, I go over the following: 

• I’m a huge Futbol fan, and It's something I have really enjoyed watching over the past decade
• This year, my eyes are extra aware of all of the corrupt stuff going on with this game - and what can be done about it
• Dynamic ticket pricing
  • Fifa creating artificial scarcity and taking large cuts when buying and selling on the platform
  • Many didn’t receive the tickets they wanted
  • Tickets often were going for thousands of dollars, even though when you watch some of these matches, 10-20% of the seats are purely empty
  • Manipulation to get higher prices from people! 
• Greed at the finest - the people's game, a game where you just need a Futbol, is now something that only the elite can see due to neck-snapping prices 
• Large prices on food and drinks - if you are an American, you are used to those $20 beers, but for those who have a weaker currency, it is painful to buy simple concessions
• Parking, transportation, and everything are expensive. FIFA didn’t subsidize anything at all, even though they could have
• Those hydration breaks have gotten seriously annoying, and it is all to get more commercial time, which means more money from sponsors 
• Certain companies couldn’t use their brand at the stadium (like Heinz, for example), cause they didn’t pay. Everything needs to be paid and transacted 
• Sponsors across every wall, and it is being front and center. I think FIFA is thinking about the commercial actors, and less about the supporters, more than ever 
• Just because they are not for-profit is ridiculous. Where is all this money going? $10-50M dollar salaries? Technically, if they pay these high salaries, they can have a $0 profit
• Huge price gouging at nearby hotels and venues - essentially corporate greed 
• I think the big solution to this is having a challenger to FIFA come up
• When one player gets too big, it is key to get more competition in place to get them in line
• When their power goes unchecked, they can do anything literally 
• We need less greed-driven exploitation and more of a unified global festival

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope your week has been going as well as mine. I have traveled to dozens of countries around the world, and I can say from my experience that my eyes and perspective are much wider now after I have travelled as much as I have. One of my favorite things to do is go to a new country & go on an adventure. I've seen so many positive things going to these beautiful places, and have been inspired by all the people's businesses I have gone to (whether big or small). At a minimum, I have a broadened perspective on the world, and in this podcast, I share much of that. Specifically, I cover the following: 

• I grew up, and my parents showed me most of the United States growing up
• I never really travelled internationally until I met my now wife 
• I think traveling genuinely has opened my eyes up to the more important things in life, and it often will get us outside of our comfort zones
• I’ve been to some of the most fancy high-end places on earth (Switzerland & Como), and some of the poorest places, such as the poorest places in Albania, Remote Mexico & El Salvador 
• I think all humans want that one thing in common: to live a peaceful life away from state intervention
• We want to do what we love, potentially raise a family, and secure our future financially
• People also want to experience all that life has to offer, as well, this includes eating nice food, dressing well, and being generous to those in need
• I think travel teaches one compassion to - we all want those things, and whether we are rich or poor, many of us don’t have a bad heart - some were born with bad conditions that they couldn’t escape, or suffer with addiction 
• It is also incredible to see what life could be with tremendous money 
  • Discuss the Swiss trips, the mega yachts in Sicily, or what wealth gets you in Como 
• They say a successful business can solve key problems
• I think it is so important to open your eyes and see what problems humans universally are facing - not just in the U.S. 
• I think everyone in the world would be much kinder and better off if we travelled
• Discuss Hawaii & New Zealand - The best thing you can do is combine your trips 
• Keep exploring, keep seeing how people live, and be generous to others throughout your journey 

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope things are going really well for you. I genuinely think the future of making money comes down to owning real businesses, equity in companies and focusing on Bitcoin. I think everything else is noise... If you can focus on these three at all costs in the financial realm, I think you will do very well! Specifically in this podcast I go over the following: 

• It blows my mind why so many companies don’t give employees skin in the game for their companies
• If a company gives you equity, you own a portion of the business and will do everything you can to enhance its value
• Leadership in a company, I don’t understand why so many companies don’t offer equity
• My stories with equity in companies, and my thoughts: Carvana, Republic, Where I am At Now, and All Aboard
• Skin in the game will make people work longer hours, will make it so they go above and beyond - they want that cut of the pie
• Examples at SpaceX, Janitors, and lower-level staff getting several hundred dollars, even millions
• You can rarely do this just with a salary, or with a salary + Bonus
• Going forward, I will do everything I can to negotiate stock-based comp with my positions
• I think Bitcoin is the best hard money, but the ultimate lesson is that we need to get into hard assets, as we will get printed away
• The next thing is if you acquire a physical business, be sure to negotiate the equity percentage in your favor
  • Always, always try to shoot for a percentage of some type - your future will thank you
  • Story of some people that I worked with at Carvana

If you can in life, try to acquire a decent amount of bitcoin, and pair that with equity in stocks/companies alongside equity in real, tangible businesses (whether that is pressure washing, etc.) 

• Elon became a trillionaire not because he cashed out - and stayed in cash. He became a trillionaire because he took everything he made from PayPal, and recirculated that back into his business
  • He went all in
  • There is a lesson in that - to go all in and bet on yourself

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope you are all doing well! In today's podcast I go over if you think sports betting should be legal in the U.S. I think there has been a huge surge in all types of sports betting over the past couple of years, and it has caused many people to lose alot, and alot of these sports books to get very wealthy. Overall, I think sports betting should be allowed because in the free market, we should do as we wish with our hard-earned money, but I think there needs to be resources in place that educate people on the risks of gambling. Specifically, in this podcast, I go over the following: 

• Everywhere you turn, everywhere you look, there are promotions on promotions for sports betting
• It's insane to think about the amount of ads they push, whether it is Bet365, MGM, FanDuel or Draft Kings
• Is sports betting really good for our society? Is it helping us or hurting us? 
• I recall when I first got into it, there were incredible promotions that I couldn’t pass up
  • The hook - Free 200 bonus bets when you bet $10, they are getting even better now $350 on FanDuel if you bet 7 days consecutively
• These companies know what they are doing and will make this back
• I’m a free market maximalist, so yes, I think they should be allowed
• I think we need more education on sports betting, because people are losing an arm and a leg on some of these parlays, and the odds of winning are incredibly small 
• The trends are insane: $166 billion wagered in 2025, with billions in tax revenue
  • The state doesn’t want to stop this gravy train from happening
• Several million adults in the U.S. have problem gambling 
  • Mainly young men are those who get addicted to gambling - almost 50%+
• We need a society of personal liberty and consumer choice
  • We should also self-regulate 
  • We can’t let the government in on the regulation because they aren’t interested in helping the problem - they get huge revenues from this
• There are economic gains, significant entertainment, and regulation should occur instead of prohibition
  • At the same time, problem gambling resources need to be made available to those in need
  • They could slow down on the amount of ads at this point; it is getting ridiculous
• If you ban something, people will still do that thing but underground (think alcohol in the prohibition days)
• I think creating these apps, but putting resources in front is key
• We need more free market capitalism, not less
  • With this, we need to be aware and help out those in need
• I place bets once in a while, but I am aware that the probability I will win big is small, and if I bet safely, the wins will be smaller
  • I understand it is addictive too - so in the end you need self-control

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope you are all having a great week! We are seeing prices stay elevated, interest rates stay elevated, while the labor market seemingly is strong. Stocks are hitting all-time highs, while many interest rate-sensitive assets like Bitcoin remain muted. In this economy, I can get a much better deal renting than buying. Specifically, in this podcast, I cover the following: 

• In this economy, I think renting is greater than owning
• I’m paying $2100 or so per month for where I am living, if I put 20% down & had a mortgage, I would be at $3400
• This delta, I am going very hard and investing, as I know I need to build equity in my future
• That difference between rent & buy can’t just be spent though; it needs to be allocated with a purpose
• Most things I think we should buy outright, like a car, any electronic device, and things that go into a home
• Any experience should be owned & never financed as well
• Homes are something that have been propped up way too high, due to institutional investment, and people treating homes as money because the money is broken
• Rent isn’t always better than owning - but I think it depends on one's situation, homes in the area you are in, how much down payment you have, and what horse you think is the fastest
• As many of us know, we never really own our homes - rather, we are perpetually paying taxes, fees, HOA, huge commissions, utilities, and more
• Don’t go into buying a home just cause everyone else is
• Trust me, I don’t like rules - and having a home gives you more freedom - but is an HOA really freedom?
• Many people who “Own” their home maybe can’t travel as much, or can’t put money into certain activities they value
  • I think after tax, you need to try to keep it between 15-20% tops, the bankers and everyone say 30-40%, but that just means you are bound and house poor
  • Don’t follow what everyone else does - or you will become just like everyone else

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

It is mind-blowing to see what AI is capable of right now. I know completely non-technical people who have been able to code a website with relative ease. It makes me genuinely happy that there are tools that can help non-technical people create products simply by typing. Everyone's brain works completely differently, and this helps the creative people significantly. In this podcast, I go over the risks of being simply an employee and where there is a decent gap in the market. I know we may not all be cut out for the blue-collar world, but sometimes we just need the right mindset, a bit of money, and a hard work ethic - and we can make a really nice living for ourselves! Specifically, in this podcast, I go over the following: 

• If you aren’t in the top 10% at what you do in the corporate world, there is a risk you could get automated away
• X (formerly Twitter) proved you could cut 90% of your workforce and do much better
• Block, Meta, Oracle, Amazon, Cisco, LinkedIn, Dell, and more are all proving it. They can get by just fine without you; they all can
• With computer jobs where you just press buttons, answer emails, take calls, sit in a comfy office chair - are you really insulated?
• From my view, I don’t think this is the best place to be focusing our time & attention
• Just because it is cushy and good to you now, where are all these middle management office jobs going in the future? 
• Future organizations will be flat
• Have you seen what AI can do? 
• What AI can’t automate is things that we need humans to do - which is why blue collar is having a revival
• All these AI companies, or AI automation efforts, depend on us. Without us, they cannot operate
• The bureaucracy, and sue from accounting, or Joe from finance, could be automated - but not the operators of the business, or those out in the field
• Nursing homes, cleaning businesses, pressure washing, concrete, HVAC, fencing contractors, luxury bathrooms, trash can cleaning business 
• The silver tsunami is here, and a lot of 50-70 year olds are looking to cash out
• Now is a great opportunity to automate those businesses that barely have a functioning website and accounting system
• AI will automate most corporate jobs, especially if you aren’t top-tier

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

It is absolutely crazy how many large-scale sports events are occurring all across the Americas recently. It is eery how many distractions we have at this time, when things clearly haven't been going well in the macro economy. In today's podcast, I go over how many circuses and sports events are keeping us distracted, as well as what we may be distracted from. I don't think it is bad to enjoy sports, and enjoy life - as I partake in many of these events and know many successful people that do as well... My main thing is it is important that we do not take our eyes of the prize, and we don't lose sight of what truly makes this country a special place to be. Specifically, in this podcast, I go over the following: 

• This is a famous quote from Juvenal around 100 AD. In the centuries to follow, Rome faced a tremendous decline
• There are so many important issues going on right now
• Inflation, energy prices, food insecurity, war in the Middle East, and famine
• At the same time, while there are so many activities that require our full focus and attention, it is being diverted by enormous  events
• All of these circuses/events come right as things are not looking great. This distraction is helping the upper class and elite
• How could we protest or riot, or start a revolution if we are fat, docile, drunk on beer, and sedated with all this entertainment? 
• All these cheap dopamines, you feel like you are engaged, but there is a lack of any real-world follow-through
• Easier than ever to have ultra-processed food, algorithmic feeds, and entertainment is dirt cheap
• We chase ourselves from distraction to distraction, stating everything is fine, but is it? Is our standard of living improving? Are we making a material change in this world? 
• If you were elite and wanted to stay in your position of power, how would you sedate the masses? 
• There literally is a Nitro Circus on the White House lawn, a huge UFC Fight on the White House Lawn, Endless Futbol matches here in the Americas, and lastly the basketball finals
• Protests and riots erupted all across NYC the other day, but not in revolt of how bad things are - rather there team didn’t win
• The elites want you pitted against each other, not against them
• They will keep delivering these and make us as sedated as possible to avoid the reality of what this country has become

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey SatsMate Stackers, 

There often is so much buzz and excitement about companies going public on the NYSE! This buzz and excitement can be a lot of fun, but this hype, not tethered to reality, can lead to excess valuations, euphoria, and people getting in for the wrong reasons. In this podcast, I go over IPOs in general, the SpaceX IPO, and my thoughts. I hope you enjoy this one as much as I did! 

• I have lost a lot of money on IPOs in the past
• IPOs are exciting; there is so much buzz when these things go public
• Both natural and unnatural buzz
  • Many people I haven’t heard from in years on investing reached out - yellow flag
  • These roadshows really hype it all up, and get Investment Bankers, Large Investors & the public interested
• Some examples of IPOs that have done very well, and some haven’t
  • The best: UBER, VISA, META, SNOW, AMZN, and more, all 100-7000% returns over time
  • The Worst: FIGMA, Pets.com, Groupon, Etoys, all bankrupt or down 70-95% since IPO
•  The lesson here is that so many IPOs do poorly, and some do well
  • Research indicates that between 30-40% actually perform well, and 60-70% perform poorly over the long run
  • I think SPACEX will be hyped for a few months, experience most of its drop in the next 12 months, and then over the long run, it may do well, as there are some impactful businesses in the portfolio
  • Reasoning: the lockup period for insiders and institutional investors
• NASDAQ Situation with SpaceX
  • Many indexes bent the rules to include SpaceX in the index
  • 401K investors are buying SpaceX in their retirement, even if they don’t want to
  • If you are target dated or if you have growth exposure, you will be shortly investing in SpaceX
  • RUSSELL 1000, FTSE, Nasdaq 100, and the VTI (total market) will be buying SpaceX
  • They adjusted the rules for index inclusion just days before, and I think this may, unfortunately, make your average folk become the new exit liquidity 
• My view on valuation
  • There are so many great companies out here, and I think, naturally, humans are greedy
  • The lead underwriters, like JPM, gauge interest and are the ones setting the price. I think SpaceX is genuinely a great company, but they don’t make money
  • If fundamentals matter like in the Intelligent Investor book, it would trade around $20-30 a share, maybe (and even that would be expensive)
  • People are betting on a story, or a narrative to unfold 
  • Now, I say never bet against Elon - he goes all in on himself and his companies - and I’ve made a lot investing in Tesla 
• You know what never had an IPO, Bitcoin - every coin is generated with Proof of Work, and was generated by mining
• There was no insider allocation - I buy Bitcoin because it is fairer than stocks. Those closest to the money printer, to the elite, bankers, underwriters, etc.,  are the ones who get ahead with IPO’s

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope you have all been having a great start to your summer! It is crazy right now to see all these names in tech go up 20, 50-80% in just a matter of days. We are what I believe to be approaching peak euphoria in much of the stock market, and I'm sure many of us in Bitcoin are asking the same question: Why has Bitcoin stalled, or traded sideways during this period? It can be very difficult to see everyone getting massively rich off their trades, but I think there is a reason behind all of this. In this podcast, I discuss my current sentiment on Bitcoin and some of the reasons for neck-snapping returns in the stock market. Specifically, I go over the following: 

• No, I don’t think Bitcoin is cooked, but there is a huge divergence in the stock market and what Bitcoin has done
• Why is Bitcoin this weak right now compared to the stock market?
• Many people who bought the ETF didn’t really know what it was, and it is the first risk-off thing they will get rid of
• Lack of conviction amongst many new people entering the space
• The stock market is getting carried by the top 10% of AI and tech stocks, but bitcoin isn’t an AI play
• The community (as mentioned previously) is near all-time lows; people’s conviction isn’t there
  • A lot of infighting in the community (some examples)
• Paper exposure is likely at an all-time high
• I believe we are in a bear market in terms of the bitcoin cycle, so that is contributing to this as well
• Many of the top 10% of society are pumping up the stock market, and something has got to snap soon
• Unsustainable p/e levels, a lot is similar to right before the 1929 crash or the 2007 market crash
• People could be losing faith in it, and price suppression could be occurring with hedge funds, and others
• I’m still very bullish right now, given macro uncertainty, future money printing, and the need for a global neutral money to settle trade in
• I don’t think the dollar or the yuan will be used to settle trade in the future; we will need a global neutral money to do that
• Directionally, I think it is good that it isn’t correlated as much, not ideal for holders like me - but still something that isn’t awful
• Stocks further have a lot of flows from pensions, indexes, passive investors, and bitcoin doesn’t have this reach as much

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

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Hey Satsmate Stackers, 

I hope you are doing well! It can be seen that gas is remaining elevated, the bond market is uncertain, and the Strait of Hormuz remains closed. This is causing consumers to feel increasingly squeezed, and the numbers show it. The Michigan Consumer Sentiment Index has hit all-time lows over the past couple of months, a strong indicator that people are not doing well. In this podcast, I go over the following: 

• The Michigan consumer sentiment came in the other day, and we now see an all-time low of 47.9
• This is literally the lowest reading ever recorded
• Some perspective is Black Monday crash we saw it in the 60s, .com crash 70s-90s, great financial crisis 55-60, and generally in a healthy economy, you see it in the 90s to 100s
• With the latest reading being low, something is very wrong, but what is driving this? 
• It is no surprise that the war in Iran and the blockage of the Strait of Hormuz are causing elevated gas prices
  • But further, when gas goes up, so does everything it touches. All supply chains or anybody who uses freight. Grocery prices, parts, pretty much everything go up
• Automation & AI is making it so that what used to take 3-5 people to do things, now only takes 1 person overseeing AI
  • Weakness in the labor market due to war & uncertainty
  • Weakness in the labor market due to AI/Automation
  • Further, wages haven’t been keeping pace with the general increase in goods and services
• Most consumers don’t have access to the stock market, and while the stock market is hitting all-time highs, many people on the lower end of the K don’t feel like they are getting wealthier
• It is key to get exposure to assets, especially as inflation goes up
• I think the FED has done a god-awful job ensuring that inflation stays below 2%
• You can make the case they have done an okay job keeping unemployment low, but is having to work 2-3 jobs really a sign of health in the economy? 
• Many people aren’t working these extra jobs to hustle; they are working them because they have to make ends meet
• People are sick of paying over $100 at the pump, and $4.00 for a potato at the grocery store
• People are sick of being forced back to the office, to do something they were doing remotely just fine
• People are sick of paying an arm and a leg for daycare, when their work salary barely covers it
• People are overpaying for things that don’t make sense and aren’t of value anymore. So much in our society is a complete rip-off 
• Discussion of what my coworker said the other day about how he's making more than ever
• Everyone is making more, but we all can see through the illusion
• The silver lining is that we are cooking at home more, we are becoming more crafty, more measured with our approach to things, and seeking true intrinsic value in things

If you like this, feel free to share it, leave a like, or comment. Also, check out the links in the description that help support my channel and podcast.

Best Regards, 

SatsMate Stack

Referral to Stacker News: Circular economy with bitcoin discussions involved!  https://stacker.news/r/SatsMate

Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG 

Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L

https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.

Send us Fan Mail

Support the show

Youtube: SatsMate
X: SatsMate
Instagram: SatsMates
website: https://satsmate.wordpress.com/