The SatsMate Stack

The SatsMate Stack

By Paul SatsMateBusinessInvestingManagement
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The SatsMate Stack episodes

  • We are Being Lied to About Prices! Opt out of this System!

    Hey Sats Crew, 

    In today's podcast, I go off on how we are being lied to about prices in our system. I know we have hit this topic several times over the past couple of months - it is getting worse and not better. 

    I hope everyone listens to this and has the empathy to understand people who can't protect themselves from inflation due to lack of knowledge, or lack of earning ability. Many people get left behind when things inflate the way that they are. 

    In today's podcast, I try to dive into the lies we are told about prices and avenues one can take to opt out of the system. Specifically, in this podcast, I go over: 

    - I may sound like a broken record, but it is getting rough out there with prices! 
    - $10 Deodorant and $12 Listerine! Condoms are like $20+ 
    - Hedonic adjustments destroy the true inflation number
    - What is unfortunate is I’m somewhat insulated as an investor in assets, but many are - - just living off their earned income and seeing nominal raises at best
    - This entire system is starting to fall apart, and people are getting hurt by it every day
    - Talking to the Costco Rep today about gold and silver
    - Seeing the Chaos erupt in the Middle East - I know there will be even more of our money being sent overseas to feed the military-industrial complex
    - People are living so close to the razor's edge right now, all because of fiat money - and this experiment may unwind quickly
    - Speak up when you see B.S. with the Feds and the BLS’s numbers
    Inflation is not 3% it is much much higher and we are all being lied to

    In the end, I want everyone that watches this podcast/channel to succeed. We must always find avenues to better ourselves financially and keep an open mind to where the hockey puck of the future is headed. 

    In the end, we should educate ourselves, educate others & be prepared in case times get worse. 

    I wish you all the best,

    SatsMate Show

    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

    Send us Fan Mail

    Support the show

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

    11 min
  • Dopamine Hits & Video Game Culture on the Rise - Can Bitcoin Fix This?

    Hey Sats Crew, 

    I like many today am so wrapped up in the quick dopamine hits from social media, video games, salty snacks, and other euphoric forms of media/entertainment. 

    I've come to recognize that many of these things are good to me, but just because they are good to me, doesn't mean they are good for me. As I get older I realize I tend to shift towards habits and activities that are fun and easy - but oftentimes don't yield the best long-term outcomes. 

    In the end, I think most of us want to have long fruitful lives, filled with doing things we love. In this podcast, I go over a lot of the quick and easy dopamine hits that impact me and culture today, and I encourage each of us to take a step back and recognize how we could be better served. 

    • Nothing in this podcast is meant to be pessimistic, rather pointing out how we are starved for substance - the sugar example
    • Many of us grew up playing video games and getting that immediate dopamine release after we accomplished some task or completed a mission
    • Relationships used to be traditional and organic, now it is simply a swipe on the app
    • Art used to be invested in, had depth and meaning and now it is simply an NFT that can be generated by AI
    • Game of Thrones with some of my friends - and scrolling tik-tok/insta
    • We now gamble nonstop on sports to get that dopamine thrill, when back in the day we would participate in and play a sport
    • Things are getting smaller, with lower attention spans and our minds are being hijacked for attention at every turn
    • I believe that a return to harder money will return us to a more slower and traditional culture
    • With fiat, everything is distorted and fast-paced - cause it needs to be, cause of the quality, the hamster wheel we are all on and 
    • We are less based in our decisions, our principles are often out of whack and we are chasing the gamble and the gain just to keep up

    Are there any quick dopamine hits that you are chasing in your life? What routes have you taken to try and reduce these negative neural paths? I'd love to hear each of your thoughts. I've enjoyed putting this together as always. 

    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

    Send us Fan Mail

    Support the show

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

    11 min
  • The Importance of Prepping and How Bitcoin Plays a Role!

    Hey Sats Crew, 

    It is important to be prepared in case something bad happens domestically. Whether it is an earthquake, tornado, EMP, or something worse - it never hurts to be prepared and have a plan of action, alongside resources, food, and water. 

    In today's podcast, I talk about what I am doing and why it's good to have options during these times. Specifically, I go over important points like: 

    • Living in a point in time where tensions have never been higher and polarization has never been wider
    • Discussion of extreme preppers & what makes many people’s eyes roll
    • A variety of things can happen earthquakes, tornados, EMPs, nukes, viruses, oil supply shocks, and much more
    • Worst case you have some food/water supplies ready if you need it
    • In the best case you can survive long enough to find a new home if yours goes under
    • Many preppers are gold and silver bugs
    • I question many of you to question Bitcoin as a role in your prepping
    • What if your bug-out isn’t in the U.S., how do you move your value with you?
    • What if extreme hyperinflation hits, how do you protect yourself? 
    • Bitcoin isn’t immune to EMPs or Nukes, but it does allow another way to hedge your bets on the insolvency of the U.S. alongside mitigating disasters
    • Prep across all areas - not just money… Also, don’t just look at money, look at tangible goods as well.

    Overall, these are some of my thoughts and plans when it comes to prepping. Do you have opinions in regard to prepping? What are you doing to prepare? 

    Best Regards,

    SatsMate

    Auto Insurance in the U.S: https://www.cnbc.com/2024/04/11/why-car-insurance-costs-are-skyrocketing-leading-to-higher-inflation.html

    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

    Send us Fan Mail

    Support the show

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

    11 min
  • Greed and the Problem of Health, and Auto Insurance in the U.S!

    Hey Sats Crew, 

    You don't have to look far to realize our system is meant not to protect the individual, and often it is here to protect wealthy CEOs, and bureaucrats - the new oligarchs of the U.S. 

    It is sad how many times I have been screwed over by our insurance system - and in the end, I've come to realize what do we need to opt into this system? Those who don't have insurance don't get arrested, get to walk away free and often don't need to have any responsibility. This podcast go over topics including: 

    • Insurance costs are skyrocketing across the U.S.
    • Specifically 22.2%, for me 33.3% 
    • Since 12/21- costs up 45.8% in Auto
    • Discuss my Auto Story
    • Discuss my Health insurance story 
    • Crowd Health and how Bitcoin fixes this
    • Who holds you to the highest standard?
    • What is a better way?
    • How Bitcoin or even an S&P  would have appreciated to large amounts that would exceed insurance
    • They don’t trust you. They look at you as an enemy

    Do your best to protect yourself by having the right savings to handle these situations. I hope to see the insurance industry change so that we aren't treated like enemies when we file claims. 

    What do you think about insurance in the U.S. Do you think it is a good system and they have your best interests at heart? I would love to hear your thoughts, as always I hope you have a good one! 

    Best Regards,
    SatsMate

    Auto Insurance in the U.S: https://www.cnbc.com/2024/04/11/why-car-insurance-costs-are-skyrocketing-leading-to-higher-inflation.html

    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

    Send us Fan Mail

    Support the show

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

    11 min
  • Why Indonesia and the Entire World Needs Bitcoin!

    How is the Sats Crew Doing Today? 

    We need to take a step back and appreciate that in the U.S. we have a decent amount of consumer protections and some cybersecurity protections. 

    In many places around the world, they have none of that. If you are cleared out - you are cleared out. I think in our lives, we need to attempt to take self-custody of our gold, silver or bitcoin. 

    In the end, we need to look out for ourselves. We can't lean on any "trusted" third party or stuff like this happens.  In this podcast, I go over the story of what happened, specifically: 

    • A Balinese woman who is a cleaner was cleared out $2,340
    • In the U.S. we have financial privilege so we don’t see this, but in other parts of the world there aren’t protections 
    • Largest bank in Indonesia Bank Rakyat 
    • Scammers here and across the world can take your money in a minute even if you work years for it
    • The bank doesn’t accept responsibility even though they were the ones who lost it
    • Bitcoin pros and why the third world needs to move onto bitcoin 


    I hope you all enjoyed this quick one! I think the key reminder here is to try and take self-custody to protect yourself because in the end bankers, bureaucrats, and politicians do not have our back. 

    Best Regards, 

    SatsMate

    Article On Women Cleared Out of Everything in Indonesia: https://www.aljazeera.com/economy/2024/4/5/at-indonesias-biggest-bank-customers-life-savings-vanish-with-a-click

    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

    Send us Fan Mail

    Support the show

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

    7 min
  • Americans are Living Paycheck to Paycheck! Invest in your future!

    What's up Sats Crew, 

    Today I was shocked to find out we are seeing more Americans than ever living paycheck to paycheck. It already was pretty bad at the 50% range, but now we are seeing this surpass 60%+. 

    With all the conditions in today's economy, you don't have to look far to see what is causing all this to happen. Like a junkie addicted to drugs, the U.S. has been addicted to cheap credit for some time now. Reality is starting to set in for many Americans... In today's podcast, I go over how these stats have been increasing significantly, while also trying to assess the reasons why Americans are living so close to the edge. 

    In the end, all of us are just trying to make a better life for ourselves, and with all these factors outside of our control sometimes it can be easy to give up. But Don't!!! Now is the time to succeed! In today's podcast, I go over the following: 

    - A CNBC Article stated that 65% of Americans are living paycheck-to-paycheck 
    - Huge uptick of 10%+ from last year
    - What’s causing this pressure now more than ever?
    - 69% indicate inflation,59% lack of savings,28% interest rates, 33% credit card debt, 21% loss of income 15% student loans
    - Less than 47% of Americans have money set aside for emergencies and those that do it’s often not enough (less than $500)
    - CNBC gives bad advice IMO on getting a savings account and balance transfer card
    - Balance transfer is playing with snakes
    - Savings account beyond a certain threshold is begging for debasement 
    - Study bitcoin, gold, and silver especially if we enter a recession 

    I would love to hear what you think! Do you remember times getting this bad in the past? I would love to hear your thoughts! As always, please feel free to share this around and support if possible. It means a lot. 

    Have a nice one all, 

    SatsMate

    Article on today's podcast: https://www.cnbc.com/2024/04/09/most-of-americans-are-living-paycheck-to-paycheck-heres-why.html#:~:text=A%20majority%2C%2065%25%2C%20say,be%20living%20paycheck%20to%20paycheck.

    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

    Send us Fan Mail

    Support the show

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

    12 min
  • Americans are Sacrificing an Arm and a Leg for the American Dream of Homeownership!

    Hey SatsCrew, 

    Currently, we are witnessing the housing market get to a point where it is affordable to almost everyone who isn't paying cash. 

    These prices in line with these interest rates make it almost impossible to buy at this time. 

    In today's podcast, I try to dive into a recent Axios article that was published about sacrifices people are making for home ownership. 

    • Axios  Article recently out from Axios
    • In life we all need to sacrifice for what we truly want
    • I’ve certainly made sacrifices that I’m not proud of, but I’ve also caved to a lot of the ways that millennials cave
    • To afford homeownership people took the following
      • Less vacations
      • Skipping meals
      • Working additional hours and shifts
      • Sold personal possessions 
      • Borrowed money from family and friends
      • Taking out money from retirement
      • Skipping important medical treatments
      • Working extra jobs/side hustles/gig work
      • Receiving gifts from family
    • What is driving up prices? 
      • Hard costs such as framing, foundations, drywall, HVAC, plumbing, electrical
      • Labor is at an all-time high right now
      • Soft costs such as financing, marketing, sales, architecture, permit, impact, and sewer fees are also present
      • Land costs for in-demand places also going up
    • What are you willing to sacrifice? I think Bitcoin provides a lot of the same property characteristics, without having to part with so much liquid capital

    Overall these are just some of my high-level thoughts. I hope everyone prospers and can get into the home of their dreams. In the meantime, I am hedging against downside risk by trying to protect my wealth with hard assets like Bitcoin. 

    I wish you all the best. 

    Kind 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

    Send us Fan Mail

    Support the show

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

    14 min
  • Bitcoin Flipping Gold - Can This Still Happen?!

    What is Up Sats Crew, 

    Gold, silver, and many other commodities have been pumping over the past several days. I think this is a sign of the times seeing people move to things that aren't fake, that can't be debased and manipulated. 

    If you look at Costco, they recently rolled out gold bars and are selling approximately $100-200M per month. One of the factors I believe is leading to prices pumping in commodities is people are not wanting to throw money into stocks, crypto, or real estate, or keep it in cash right now. 

    Where else does it go? The safe bet - commodities. In today's podcast, I discuss the following important topics: 

    - Bitcoin will be worth a lot when it approaches gold's Market Cap, Approximately $700K
    - What narrative is Bitcoin taking on - Store of Value or Medium of Exchange?
    - The larger allocators, Saylor, and others are giving it the store of value narrative
    - What makes gold so special? What makes Bitcoin so special? 
    - What are the hesitations of certain countries and groups to adopt Bitcoin?
    - Gold has an inflation rate, and Bitcoin has a disinflation rate of 0 by the year 2140
    - Borderless, Assaying, divisibility, and for day-to-day transactions
    - Do I think it will and when? 
    - I think it will before 2030, but I think with what it has done so far, what we have in store, and the increasing acceptability amongst the mainstream this is what I see


    What do you think about Bitcoin flipping gold in market cap? Is this in the realm of possibilities this decade? I'd be curious to hear your thoughts on on hurdles it would need to cross to achieve this - and scenarios that could ignite the fire for this to happen. 

    I hope you all enjoyed this. 

    Best Regards, 

    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

    Send us Fan Mail

    Support the show

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

    12 min
  • Boeing Plane Part Falls Detaches! The Decay of Quality on a Fiat Standard!

    Whats up SatsCrew! 

    I can't believe my eyes on what we are witnessing concerning Boeing planes over the past couple of months. We see doors/pins/bolts and engine covers come off mid-air. We are seeing major turnover in executive leadership and a rise in Diversity, Equity, and inclusion as it comes to hiring. 

    The question now is, what can be done to solve this, but what the root of all these errors is in the first place? It is crazy to think that we are living in the year 2024 and we have quality and standards going down, but low and behold it is happening. In today's podcast, I discuss the following important topics: 

    • It feels like every day now we are seeing issues with Boeing's planes
    • Sad to see that we are devolving over time with the quality of airplanes
    • It is 2024, should saving on expenses and materials be a priority over safety?
    • This is where capitalism gets crony. Savings money at the expense of risking lives
    • The fiat standard is the root cause of alot of this
    • Diversity, equity, and inclusion as the downfall of many companies
    • Making prudent and wise decisions with capital is more done on a harder money standard than a soft money standard 
    • How can this all change? Demanding change at the corporate level, getting rid of wokeness, and moving to hard money will incentivize a level mindset when it comes to quality

    Anyway, these are my thoughts on this important topic. I'd love to hear what you think in the comments below. We must be vocal and speak up when it comes to negative issues surrounding this. 

    Best Regards, 

    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

    Send us Fan Mail

    Support the show

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

    11 min
  • Brazil and Totalitarianism - Does Bitcoin and NOSTR Fix This?

    What is Up Sats Crew, 

    We currently are witnessing more and more authoritarian activity all around the world, and even in countries that are developed/developing. 

    Unfortunately, as time goes on this doesn't fade away - rather it keeps growing because as long as we are alive there will always be authoritarian dictators trying to assert dominance over other countries, their money & of course their people. 

    In today's podcast, I discuss important topics about how NOSTR and Bitcoin can help fix many of the issues we are witnessing in Brazil. These topics include: 

    • The push towards control, censorship, and the creation of fear by governments
    • Blocking of X Accounts, Elon Musk pushes back
    • This is how dictators come to be (Lula and de Moraes)
    • Other countries around the world would jump on opportunities to censor accounts
    • Transparency is key
    • Where does Bitcoin play a role? Not in the speech, but the freedom of capital flows
    • Crowdfunding (the truckers, Israel, etc)
    • Totalitarian countries control the banks and financial institutions
    • If they don’t want their opponent to win, they can control the ebbs and flows of capital
    • NOSTR is an open-source platform where you hold the keys, I think leveraging this platform, alongside Bitcoin lightning provides a perfect way of getting one voice out - and it cannot be silenced
    • Stand up to authoritarianism, stand up to dictators, allocate value to those that want freedom of property, of speech, and sovereignty for individuals

    I'd love to hear your thoughts on this madness happening in Brazil, and more of your thoughts on how the future will shape it as it comes to freedom of speech. Do you think Bitcoin & NOSTR play a key role in helping give individuals a voice where they otherwise are being silenced? 

    I'd love to hear your thoughts! 

    Best Regards, 

    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

    Send us Fan Mail

    Support the show

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

    9 min

About The SatsMate Stack

From the publisher's feed

The SatsMate Stack is a show about personal finance for the rugged world. This is where Bitcoin gives you full control over the keys to your money. We’re stuck in a debt-and-credit trap that crowns…