The SatsMate Stack

The SatsMate Stack

By Paul SatsMateBusinessInvestingManagement
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The SatsMate Stack episodes

  • My Thoughts on the Minneapolis FED White Paper!

    Hi All, 

    The FED recently came out with a pretty damning paper on Bitcoin as it relates to the U.S. government's budget deficits and bitcoin. Essentially they were saying if Bitcoin does its thing, the U.S. government won't be able to run budget deficits anymore. 

    Essentially, the government is proposing a ban or a high tax, because they want to keep the power of the money printer and don't want to run balanced budgets, or budget surpluses! 

    In this podcast, I go over the following important topics, namely: 

    • FED and ECB came out with whitepapers recently going against Bitcoin heavily
    • Feds paper was about how bitcoin will make it so that the U.S. can’t have deficits anymore
    • Historically bonds were a great avenue to invest to get near risk-free yield and it allowed the government to borrow in perpetuity
    • A new game came around called Bitcoin, and now the government can’t borrow nonstop anymore
    • As Bitcoin continues to outperform, people will stop buying the government IOUs(Bonds)
    • People will allocate to Bitcoin instead of bonds, making it so the government can’t fester
      • They essentially came up with two outcomes that they need to either Ban Bitcoin
      • Tax Bitcoin and make it less attractive by taking some of the winnings whenever someone plays
    • Banning Bitcoin will hurt the USA and make it impossible to get ahead fiscally
      • Famous saying you can’t ban others from Bitcoin, you can only ban yourself from Bitcoin
      • Look at China as a perfect example
    • The government wants to keep the money game going by its rules, and with Bitcoin they can’t control it
    • They are sewing the seeds now in case they come out against Bitcoin & self custody

    I hope you all enjoyed this one! Please be sure to stand up for freedom money, Bitcoin & the right for us to not get taxed without representation! 

    Best Regards, 

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision

    Send us Fan Mail

    Support the show

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

    14 min
  • The European Central Banks Attack on Bitcoin!

    Hey All, 

    Not too long ago we saw the ECB come out with a damning whitepaper on the distributional consequences of Bitcoin. It is funny how many of these bankers historically have called it a scam, now come out crying how it is a threat to the new world order's financial system. 

    I see this as a big win for bitcoin, because even the smarter central bankers are starting to see the writing on the wall. That doesn't mean that we can rest on our laurels. In this podcast, I discuss the following important topics: 

    • Early adopters win at the expense of latecomers and no-coiners
      • Weighing these considerations
    • Specifically, they are stating it is a 0-sum game, and there is no net new activity being created
    • Exacerbate social equality, and how Bitcoin could lead to destabilizing effects
    • Attacking how the original vision of Bitcoin was to be a better payment system, and how Bitcoin has failed at this
      • Discussion of Base Money & El Salvador
      • Financial Inclusion in El Salvador and other developing countries
    • ECB paper drives at scrutiny to mitigate unfair wealth distribution
      • Technological divide
    • Proposing regulatory measures to manage the negative impact on society
      • Huge benefits against inflation and monetary policy mishaps by the government
    • Bitcoin is against economic fairness
      • What is against economic fairness is fiat currency! 
    • Monetary Policy Critique
      • As Bitcoin price rises even further, traditional economic tools will not influence economic conditions as easily
    • As bitcoiners we want decentralization, no more currency debasement, privacy, and financial freedom, and a lack of inequality due to economic policy all on a permissionless network 

    I hope you all enjoyed this one! 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision

    Send us Fan Mail

    Support the show

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

    15 min
  • What Will Bitcoin Do Under Harris vs Trump?

    Hi SatsCrew, 

    We are just a few weeks out from the election and now more than ever, it is important to get out and vote to save this country. In this podcast, I will talk about the following: 

    • Things are getting extremely divisive in this country right now
    • It is known Harris administration has been relentlessly going after Bitcoin/Crypto with chokepoints 1 & 2.0 
    • Trump is known he is taking a more favorable approach to Bitcoin
      • Launching his own $h%$*#Coin 
      • Surrounding himself with players in this industry
      • Speaking at Bitcoin Conference
    • What will happen under a Harris vs Trump admin with Bitcoin
    • For Harris
      • Many people working on bitcoin projects will face heightened scrutiny
      • Unrealized taxes as well as capital gains will likely be implemented against Bitcoin/crypto
      • A CBDC will likely be targeted for a rollout 
      • A lot of money printing will happen, and the price of Bitcoin will rise significantly
    • For Trump
      • Many altcoins will start to pump, and I think he will appoint a new head of the SEC
      • The crypto industry will likely enter a whole new bull run with many people making millions all over again
      • He will be friendly to both Bitcoin and crypto alike
      • He will continue launching NFTS and altcoins which will help enrich his family
      • I think it will be more of a free market
      • There is signaling he will hold Bitcoin on the U.S. government balance sheet which is pretty bullish for the price (And Maybe even start a strategic buying fund)
      • Of course there will be more money-printing
    • Both situations are money printing, one just leans more socialist and this is why we need to get out and vote
    • In the end, there is red there is blue, there is the state and there is you
    • It is critical to speak up for the Orange party as it is the most based on its principles, and right now that is Trump 

    I hope you all enjoyed this one!

    Best Regards,  

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Send us Fan Mail

    Support the show

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

    13 min
  • How Bitcoin Can Help Us Fix Fiat Food

    Hey All, 

    It is crazy to see what is happening with our food supply chains across the country right now. We are getting poisoned now, and I don't see any urgency to get this fixed. It is getting sad in our country that we are at a point where we can't trust our food supply due to listeria outbreaks. Still, furthermore, the food that isn't infected with listeria is in tons of preservatives and cancer-causing carcinogens. In today's podcast, I go over the following important topics, and really try to drive the point home that we must be smart with how we shop, and do our best to verify the source of our foods. 

    • Food deserts are all around us
    • No available produce for many of us, rather fast food joints on every turn
    • 79 cents to buy a squirt/Coke vs $5 to buy a Kombucha/ Fresh Pressed Juice
    • There is such a lack of information when it comes to the labels in our food
    • No transparency 
    • We Need More clear signs on foods built in a lab vs organic 
    • Listeria outbreak recently with over 10M pounds of meat 
    • Flaming Hot Cheeto Fries have addictive ingredients 
    • Kamala offering discounts on medicine, rather than focusing on the root cause 
    • Bitcoin can fix fiat food by helping change the incentive structure
    • Furthermore, the food is heavily subsidized by our government, with artificial fillers 
    • More health-conscious people are needed, and the Bitcoin community tends to be aware of all the outright problems with our food supply 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Send us Fan Mail

    Support the show

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

    13 min
  • My Views on the Microstrategy Valuation

    Hi All, 

    There has been a crazy runup in the price of MicroStrategy over the past couple of weeks and I think it is important to look at it through an honest and objective lens. In this podcast, I go over Microstrategy, my thoughts on what is giving it the premium, my personal view, and If I am allocated.


    • As Bitcoiners I think it is important that we sometimes take a step back 
    • What is the purpose of Bitcoin and why are we allocated to it? 
    • NAV Premium right now is 2.5 times the price of Bitcoin
    • This means that Bitcoin price should be well over 200K if it were trading at NAV
    • Reasons it is trading well above NAV from my view include the following
    • Hype & Speculation
    • An area to short-squeeze big institutional money 
    • Sentiment that it may be included in the S&P 500 or the NASDAQ, bringing a huge flurry of capital 
    • Norweigan Sovereign Wealth Fund & Other wealth funds allocated to it
    • An alternative to the Bitcoin ETF where a Bitcoin maxi is at the helm 
    • Another option that can be accessed in the masses
    • Overall what is my view and am I allocated? 
      • Yes I have some exposure, but I not remember my keys, not my coins
      • The premium is extremely high and it isn’t your own Bitcoin
      • It could be a good proxy
      • Play scenarios in your head regarding government confiscation
      • Do you want to be holding MSTRs shares if Kamala gets elected, hackers attack the honeypot where MSTRs Bitcoin is stored
      • Do you want freedom money that you can allocate anywhere in the world? 
    • Do your research, it may run up to $1000 a share again, or it may pop 
      • Risk reward, just remember why you are getting into it in the first place

    I hope you all enjoyed this one, be sure to self custody if you buy bitcoin! 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Support the show

    Send us Fan Mail

    Support the show

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

    14 min
  • How Bitcoin Can Help Those Impacted by Disasters!

    Hi Sats Crew,

    Now more than ever we can see our government deliberately trying to negatively impact those trying to help. We all know the government is extremely inefficient, it is filled with bureaucracy and red tape and lastly, they aim to virtue signal. There are countless things I can go over, but in today's podcast, I stick to what has been happening with the past hurricanes, and how bitcoin is well-positioned to go around government control to help people who need it. 

    • So much is happening right now from the disaster we saw with Hurricane Helen
    • We just finished Helen, and a hundred + people passed
    • FEMA restricted access for many people to give aid to people directly
    • More importantly, the U.S. government can restrict us not just physically but also financially
    • Bitcoin cannot be stopped, especially on the chain - everything can be verified
    • We can also send directly to the people 
    • Geyser Fund that has raised several million sats
    • Many Bitcoin veterans will work to directly help the people rather than follow the bureaucracy of armchair government bureaucrats
    • People on the ground need help and Hurricane Milton may be coming so stand by!
    • The lesson in all this is that we need self-sovereign money that individuals can send without permission!

    Overall Bitcoin is censorship-resistant money, and with a government that is out of control and will stop at nothing - it is a great asset to get value directly from person to person. Overall, I hope you all enjoyed this one - there are many more great podcasts to come!

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Support the show

    Youtube: SatsMate
    X: SatsMate
    Instagram: SatsMates
    website: www.satesmate.com

    Send us Fan Mail

    Support the show

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

    10 min
  • A Story That Is Changing My Life - Undercover Billionaire

    Hey Satscrew, 

    I recently stumbled upon a show that really is getting me to think in a more open and honest way about how the world works. It is challenging almost all of the misconceptions I have about money, finance, and business. 

    The show is called Undercover Billionaires (I highly recommend everyone give it a watch)! At the end of the day, many of us are trying to make the most of our lives, and this show demonstrates that with the right grit, perseverance, and skills one can "make it" in a short period of time. 

    So many lessons were given, and in this podcast I do my best to be spoiler free! Please be sure to give it a watch, and enjoy the podcast: 

    • The American Dream and Many Misconceptions about the American Dream
    • An insightful show to prove that the American Dream is anything but dead - It is Alive! 
    • Glenn Stearns a successful businessman
    • The premise (without any major spoilers)
    • Reality TV can be kind of cheesy, but consider giving this a view
    • Anywhere in the world there is a need or a gap
    • The importance of staying scrappy
    • Having a budget
    • Acknowledging that No Job is beneath you
    • Getting your hands dirty to get what you want
    • Sacrificing creature comforts to get to where we want
    • The importance of building teams and understanding core competencies
    • Selling the dream, not selling the money. Being a visionary
    • Taking risk and cutting your losses is key when it comes to building a successful business
    • Resources are so abundant if you just keep your mind open
    • Opportunities are every if you keep your eyes open

    Thank you all for tuning in! If you'd like, feel free to click any of the links below to help with this podcast. 

    As always have a good one, 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Send us Fan Mail

    Support the show

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

    17 min
  • A Strong Lesson of Today - The Bitcoin Market Crash and What I’m Doing!

    Hey All, 

    We have seen extreme market volatility over the past few days! A lot of this has had to do with the Japanese Carry Trade, but more importantly, many things are all coming to a head all at once in the global markets. 

    We must prepare ourselves on the upside and downside as we ultimately don't know where we are headed. We do know eventually the money printer will come back on and cause risk markets to break all-time highs all over again. 

    We will either die by fire or ice, and we all know which way our government strongly leans due to its socialistic nature. 

    • Mt Gox Payments occurring
    • U.S. Government potential spite selling
    • Leveraged traders getting wiped
    • Japanese Carry Trade Fallout
      • Asian markets taking an extreme beating (Nikkei down 12%+)
    • Social unrest occurring throughout Venezuela, Bangladesh, England, and broader Europe
    • Trump, not a sure bet anymore in the prediction markets, was 70% not floating around 45-50%
      • Kamala is evil for the economy
      • Regulatory uncertainty worse under Kamala
    • How do I handle the upcoming months?
    • Extreme extreme volatility, markets don’t like uncertainty
    • Cash on the side, limit orders set, and dollar cost averaging a healthy amount every day
    • Recognizing Bitcoin hasn’t decoupled yet from risk-on assets, and when liquidity dries up - bitcoin is the first to feel it
    • Nevers
      • Never trade leverage unless you are willing to lose your entire position
      • If you are still living in the fiat system, never put all your cash in 
      • Buy Bitcoin ETFs unless you are comfortable not buying, today's example
      • FOMO in on either side or pay the consequences

    How have you reacted to the markets over the past couple of days? How are you preparing for a potentially larger market crash? 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Send us Fan Mail

    Support the show

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

    20 min
  • What Made You Become a Bitcoin Maximalist?

    Hey Satscrew, 

    I find it very interesting over the past couple of years different people's opinions on bitcoin have shifted more positively or negatively based on their understanding of the asset. 

    Many that have grown up with financial privilege, often don't come to see the benefit of bitcoin - as the system has always treated them fairly and well enough. 

    Many around the world have been denied access to bank accounts or other financial products, and nearly immediately they can recognize the benefit of this asset. 

    In today's podcast, I go over what made me turn towards Bitcoin. Specifically, I go over important topics like the following: 

    • We all have our unique journeys in this world when it comes to Bitcoin and how we see the world
    • Some get it much sooner than others based on their life experiences, associations with cryptography/tech
    • We all heard about it back in the early 2010s, but only a few people took the time to understand it in nature
    • There are certain moments in time when we come to this fork in the road and try to figure out what path we want to go down
    • Sometimes we go down the path of helplessness, and sometimes we go down the path of trying to find a better path
    • Two things that did it for me was 
      • Banking the under/unbanked
      • Global Remittances
    • Why Just Bitcoin and Not Altcoins?
    • What makes Bitcoin special out of the sea of 27M Alts? 
    • What held me back from buying more was my upbringing in traditional finance, how I was conflating it to a stock, listening to Peter Schiff & Not Taking the time to study and understand it

    Have you started to lean into this asset more over time? How do you think the financial system can be improved, and does BTC provide part or all of that solution? I'd love to hear your thoughts on this important topic! 

    Best Regards,

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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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    15 min
  • A Nocoiners Concern with Bitcoin - “The NSA Created It”

    What is Up Sats Crew, 

    I enjoy networking with normal people in society and recently I went to lunch with a coworker and got into some great discussions surrounding cybersecurity, finance, economics, the BIS, and Bitcoin. 

    Throughout this lunch, we had a great talk on economics, but near the end of the lunch, he mentioned that the reason he doesn't get into Bitcoin is because the NSA created it. I found this interesting, and he wasn't able to back it up too well. Throughout this podcast I go over the following: 

    • Been on a kick the past couple of weeks taking colleagues to lunch and learning about their life history
    • It is known that we don’t know who Satoshi is, but we have many inclinations on who it could be Len Sassaman, Hal Finney, or Adam Beck
    • One colleague mentioned the reason he doesn’t get into bitcoins because the NSA created it
    • NSA involved in developing encryption tech SHA, but does this mean they invented it?
    • NSA linked to assisting law enforcement to take down Silk Road, but that didn’t have anything to do with the primary currency used on Silk Road
    • Government indeed is trying to get us on digital money
    • Some believe Bitcoin may be a stepping stone to get more people on digital money through their own will
    • There are more convenient ways to get the population to use digital money
    • NSA Backdoor to Bitcoin isn’t possible due to the open-source nature of bitcoin
    • No coiners that are black pilled should take a step back and try to debunk their prior misconceptions
    • Researching the conversations with Satoshi, alongside the initial kickoff with Gavin Andreeson with the CIA, I don’t think that Satoshi is the NSA - more likely someone from the cypherpunk community

    What are your thoughts on who created Bitcoin? Do you think just because the NSA created SHA they also created Bitcoin? What would the NSA's incentive be fore this? I would love to hear everyones thoughts. 

    Happy July 4th, 

    SatsMate

    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

    Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
    https://addslice.com/?crew=f5n2V5EI

    Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM

    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 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

    Send us Fan Mail

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

    11 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…