The SatsMate Stack

Hey SatsCrew, 

In today's podcast, I explore an important topic - family & finances. I think in our day and age, it is getting tougher and tougher to get ahead, while concurrently expenses on alot of our favorite things keep adding up. 

Today, I explore situations in which I believe you should lend family members money, and also discuss why it may not be the best idea. In the end, we want to be there for our family & support them in every way we can, but we also want to teach them to fish and make their own money. 

• Finance the most important thing is having an emergency fund for 3-6 months of living expenses
• This should be higher if you own businesses or properties
• Should you lend to family members? I think yes under these conditions 
• Your oxygen mask is on
• You are 100% confident they will pay you back
• You educate them to set them up for success
• No under these conditions
• Risky borrower
• Risky behaviors
• Unwilling to learn and grow
• In debt to other lenders
• In the end, we need to help out our families
• It’s easy to let guard down to family members 
• Offer education and insight to others, and only help if they are willing to help themselves going forward. You are not Bank of Paul or Bank of John

Overall, I'd love to hear everyone's thoughts on this topic. It isn't often easy to talk about, but in the end, we need to keep an open mind, educate others, and when necessary lend our family a hand when in need. 

Best Regards, 

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey All, 

During the past several years, the Biden administration has been relentless on crypto and focused on enforcement, rather than sensible regulation. 

Meanwhile, they turned a blind eye to SBF during the FTX fiasco. Now more than ever we need to vote for Trump (or even Kennedy) as it comes closer to the election our option is only Trump. 

In this podcast, I discuss important topics like the following in detail: 

• Biden and Gensler's administration have been terrible when it comes to regulation of the “crypto” asset class
• Gensler is very much against crypto
• We all know that the party of the Democrats is the party of censorship, and control & is anti-bitcoin
• While Trump isn’t perfect, he is a step in the right direction
• Moving businesses outside of the U.S. because of hostility toward the industry
• Crypto in different forms “to vote for Trump”
• I think both Robert Kennedy & Trump are open/okay to all kinds of Crypto
• I’m not a fan of this, but it can’t be perfect, and it is a step in a better direction from my view
• We need friendly regulation
• We need to attract businesses and investment in the U.S. 
• We can’t be short-sighted and have corrupt politicians with the banks sliding money to them under the table
• Bank's ability to custody and lend against Bitcoin as collateral (congress passed)
• Biden recently said they would refuse to sign the bill

I'd love to hear your thoughts. I tend to try to stay out of politics, and I also recognize both sides have their flaws, but as someone who weights Bitcoin pretty heavily in my life decisions, Trump will help the Bitcoin industry much more than Biden will. 

I hope you enjoyed this one, Best Regards, 

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

I hope you are all doing well. We are starting to witness the phase-out of cash and other physical forms of payments before our very eyes. Many places/restaurants won't accept cash, and some places won't accept bills larger than twenties. 

There are even some merchants who won't provide change in certain cases (coinage). All of these efforts are aimed at reducing our ability to transact anonymously. In this podcast, I explore Bitcoin & the CBDC world. If CBDCs are rolled out, can't the government make it so you can't transact with Bitcoin? I explore all these lines of thought in this podcast! Specifically, I explore the following important topics: 

• CBDCs also known as Central Bank Digital Currencies are permissioned programmable money by the U.S. Government 
• The ushering in of Universal Basic Income (UBI)
• Bitcoin on-ramps will inevitably close, making it very difficult for individuals to buy or sell fiat dollars for bitcoin
• Liquidity discussion
• Sin Activities and how CBDCs can prevent those activities
• CBDCs are also potential avenues that will accelerate hyperbitcoinization as many free-minded folks will be looking for digital alternatives 
• I think Bitcoin will thrive, but we need to fight & continue education
• We need to not just educate on the benefits 
• of bitcoin, by the downfall of life through a CBDC
• People know gold & silver won’t be the future, they will seek immediate self sovereign digital alternatives, and one of the best alternatives is Bitcoin through the lightning network 

I'd love to gain your insight into the following topics. Do you think it may play out differently than I outlined it? What do you think the government will do to sell it to the individual? I'd love to hear your thoughts and as always - I appreciate the wealth of support! 

Have a good one.

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

Over the past few years, I have diligently studied Bitcoin and macroeconomics to prepare myself for the worst-case scenario - an economic depression or economic recession. 

In our society, we must not jump down the typical consumerism rabbit hole and prepare ourselves for financial hard times/difficulties. 

One thing that has helped me personally is buying Bitcoin and keeping a level head with my investing strategy. In this podcast, I discuss important points such as the following: 

• Financial freedom is different for everyone, what do you want in your life? 
• You can be financially free right now for $2000/month in Mexico, Central/South America, or SouthEast Asia
• On the other hand, this doesn’t get you far in most places in the U.S.
• For me personally, not having any debt, and going on vacation when and where I want is financial freedom 
• Freedom for me is traveling, doing yoga or a workout at any time I want, and also being able to do my podcast or going to conferences to network and add value
• Bitcoin has helped me, even though I am not financially free - I am well positioned in my life to not worry about money too much 
• Sometimes we need to get on a life raft to think with a level head of what we need and want in life
• Far too much we work jobs we don’t like, get stressed out on money and work positions that don’t build us up for our futures
• Get that emergency fund, for me bitcoin is that avenue to help set me up for success

Anyway, I hope you all enjoyed this podcast! Please feel free to share around, and comment if you want. 

I'll keep rolling out more content as the weeks progress (and the markets tighten). Stay level-headed & study your investments in depth. 

Best Regards,

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

We are starting to experience hints of stagflation, increased unemployment, and slower economic conditions. 

When we start to see these slowing economic conditions, it is important to stay alert on things to do to optimize our position during the impending storm. 

While my situation isn't perfect, and there are other things you should consider doing beyond this shortlist, in today's podcast I go over things that I am confident will help me weather the storm. 

Ultimately, we want to be prepared so we aren't unprepared when the tide goes out. Specifically, in this podcast, I go over important things such as: 

• Trying to attain $0 debt 
• Excellent credit 
• Multiple income sources
• Physical Bitcoin, gold, silver, and dividend stocks
• Friends and family close to home that are trusted and prepared 
• More than one passport and friends/ family in another country 
• Physical cash on hand 
• Crafty and survival skills, emergency food, survival supplies, ammo 
• A solid plan on what to do if things hit the fan 

Overall, we need to make sure we have our oxygen masks on! I think these points discussed will help set many of us up 80% well, but we should be open to learning from diferring opinions and perspectives that could set us up for a strong future!

Best Regards, 

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

Over the past day, it has been very difficult to see what is happening to Bitcoin Self-Custody. At the end of the day, we should have rights to our financial sovereignty. 

We are seeing time and time again the government's scope creeps more and more into the surveillance state that will reduce or eliminate American freedoms, while concurrently giving more and more power to the U.S. government. 

In this podcast, I try to explore what is happening to our ecosystem, and the downstream impacts of what this means to individuals. 

Podcast Topics Include: 

•  Samourai Wallet was recently charged with running an unlicensed money-transmitting business that executes unlawful transactions
• This is a full self-custodial wallet… For writing code, the founders face 20 years
• The U.S. is currently under full attack of our First and Fourth Amendment rights
  • Why? First is freedom of speech - and code is speech
  • Second they are under attack of our Fourth Amendment rights of unreasonable search and seizure alongside financial privacy
• Chains of spending (creating a new address- through Ricochet) is what is being determined as illegal. So you can’t create new addresses and send them to yourself. 
• They claimed Samourai as a money-transmitting business and had an obligation to apply KYC/AML regulations to their users
• What the U.S., Europe, and other places are trying to do, is make it so you can’t self-custody anymore
• Well then what is the point of Bitcoin anymore if it is sitting on a centralized ETF or Coinbase or somewhere else? 
• It is essentially just paper bitcoin, and we are back at the Fiat system ALL OVER AGAIN! 
• They are pushing so self-custody tools are money transmission services, and this case is so damn important because it will set the precedent for self-custody in the U.S. THIS NEEDS to be won! 
• What is the alternative if Bitcoin loses? That is right - fiat cuck bucks which will turn into a CBDC Nanny state
• We must build, we must fight and we must speak for what is right in this world! 

Best Regards,

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

You don't have to look far to see the outright dystopian our country has been becoming over the past couple of years. It seems only to be getting worse and worse, with more freedoms being eroded & socialist policies being introduced. 

In today's podcast, I talk about the new outrageous capital gains bill that will severely damage individuals trying to make a little extra in the market, but also be that further scope creeps into our freedoms as Americans. 

In today's podcast, I review the following important topics to spur thought, and discussion with others. 

• FY 2025 Capital Gain rates increasing to 44.6%
• Socialists want to tax the rich, but this is causing & will cause a capital flight out of our country
• The rich will leave, the weak, middle class & poor will be stuck with the bill 
• 25% on unrealized gains
• The wealthy and the connected have top-notch accountants
• Makes investment less attractive in the U.S.
• Makes moving to the U.S. less lucrative
• Unrealized will force sell & cause double taxation
• Not investing will keep one in the dollar, and the number go down in technology
• This is getting so authoritarian that now we are about to see individuals trying to make a buck have to give that to the government
• This is not the America I once knew, and I am hopeful for a red wave in 2024

I hope you all enjoyed this one! I encourage everyone to speak up and out against socialism and our current administration. It will get worse before it gets better. Vote this time around! 

Best Regards, 

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

There are countless things we can do to set ourselves up for success to avoid falling victim to bad financial decisions. 

There are many things we can do to lay the groundwork to being financially prepared and in this podcast I aim to do just that. 

Specifically, I go over important topics like the following: 

• We are taught by our society to live paycheck to paycheck, to keep getting that promotion - earning a bit more and spending more
• Through this, often, times we don’t have near unlimited options because we have trapped ourselves
• It is good sometimes to take a step back and ask ourselves what is richness to us? 
• Is richness to us camping out of a van for months on end? 
• Is it raising kids at a young age?
• How about yoga retreats in india or Nepal?
• For some of us it is actually an expensive home in a nice zip code with a sports car, for others its the option to go anywhere whenever we want and to have unlimited freedom
• Ask yourself how can you be more rich?
• It all starts with a foundation…
• Some are rich with relationships, religion, athletics, socially or academically
• Others can be rich in their career, business or through investing
• The question to ask yourself is what will enhance your financial well being to give you the life you truly want? 

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What is up Sats Crew, 

It isn't easy out on the job market right now. Even if you do land yourself a nice job, often the spigot will dry up eventually when the business changes and things get shaken up. 

I for one experienced a rough experience when it comes to being out of work. Once I was out of work for a while, it was extremely hard to get back in the groove again. My confidence was down, I felt deflated, and hours would go by being alone with my thoughts. 

While I don't have all the answers, here are some topics I go over to equip you best if you are laid off. 

• Being laid off is one of the worst feelings in the world. It happened to me once, and lost a job before that
• My suggestion, immediately cut off everything non-essential in your life
• Don’t stay at home, go to a coffee shop or somewhere as if you are working
• Make sure to not just quickly apply or apply to jobs online, but message people on LinkedIn
• Maybe start a business and write up a business plan
• Take time to read books you have never gotten to 
• Sign up for a difficult race or challenge - Now is the time!
• Stay positive, and seek company with friends and family
• Never get discouraged, take lessons and feedback and move forward
• Consider getting rid of things that you have tied to debt
• Work out twice a day if you can
• Take a risk that you have always wanted to take
• Keep an open mind on the possibilities that await you
• Accept change in your life, and get out of your comfort zone - Volunteer or pick up a temporary side job
• If you have the funds, consider travel
• Study money, essentially, that is what you trade your valuable life money for anyway 8 hours a day thousands of hours a year

What do you think of being out of a job? I think it can be one of the worst feelings ever. The good news is there are countless resources to try, and in the end it could give us the time we need to sift through the nonsense and focus on the priorities in life. 

Anyways, as always I appreciate your attention to this. 

Best Regards,

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

I hope you are all doing well. It is crazy and unfortunate to see what is happening in Canada now. I have been following Canada closely for years, and by the looks of it - it seems like bodily autonomy, housing, interest rates, immigration, and taxes are getting worse. 

At this point, Canada appears to be another Marxist country on the decline - with no end in sight. In this podcast, I go over several important topics regarding Canada, the potential fate of us, and more. Specifically, I explore: 

• Why Live in Canada anymore? 
• What is the Trudeau regime trying to do to its population? Why would businesses open up shop in Canada? 
• 66% for individuals and Companies Making over $250K a Year!
• What is in Canada for you anymore if you are making money?
• Many homes are $1.1M+
• Interest payments on debt exceed the total amount of money collected by the Government? 
• Sadly, I believe the U.S. and many other G7 countries may follow Canada’s playbook
• When things aren’t sustainable anymore, you point the finger at the producers and the rich to blame them for the problems in society
• When in reality societal problems come down to lack of production, lack of productivity & output, and lack of business investment in growing industries
• If you are in Canada, consider getting a plan b passport now
• Opt-out with Bitcoin - as you see how much they are questioning people at the bank now

Best Regards, 

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

Bitcoin, Financial Education, Federal Reserve, Gold Prices, Silver Prices, Bitcoin Prices, Macroeconomics, Financial Literacy, Debt Management, Personal Finance

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