The SatsMate Stack

What is Up SatsCrew, 

Recessions are like controlled burns where they may be uncomfortable to have at first, but it is a necessity for stronger and more long-term sustainable growth. 

With the extreme heating up of the economy over the past several years, we are overdue for a reset back to reality. In today's podcast, I go over the tightening economic conditions impacting many important companies such as Nike, Starbucks, and more. Specifically, I cover: 

• Economic conditions tightening with Nike, Consumer Discretionary, Fast Food & More
• People wearing more based clothing (especially Younger Generations)
• Walgreens, Nike, Starbucks, Rubios, Red Lobster, and Redbox have all been on the chopping block
• This is done out of necessity due to hard times
• This is also done out of the need to want to invest more money into hard assets
• Picture of Nike inventory just overflowing, overpriced swoosh logo and products
• The younger generation doesn’t want the logos it is tacky and not subtle 
• For quality it may make sense, but often these garments are made in the same country, under similar conditions for pennies on the dollar
• Hard times will make one reconsider how they are allocating their limited life energy to the things that matter
• Hard times will make those who do have savings and capital, will want to allocate to products that are hard and aren’t being debased from underneath them
• The move away from name brands and to things that are functional and have utility
• Sometimes the name brand isn’t even better (i.e. Mcdonald's Burger vs. Regular Cooked Burger on the Grill)
• In a Recession, let’s be prepared to spend sensibly and on the things that matter and allocate to scarce assets and not spend on unnecessary products

Do you view a recession as a net positive? Will we see softening to the point where we can return to prosperity again? I would love to hear everyone's thoughts! 

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

Hey SatsCrew, 

You don't have to look far to realize that in our current society, we have rent seekers far in wide across all industries. Rent seekers get to positions where they can exploit the efforts of others, and once they do this they milk it for as long as they can. 

They often don't add much value in these rent-seeking positions and are bureaucrats through and through. In the U.S. we have far too many in this parasitic class extracting value from the true creators, workers, and those trying to improve the system for the better. In today's podcast, I go over how from my view Bitcoin can help cut out the rent seekers of society. Specifically, I go over: 

• What is a rent seeker? 
• Power, status, and money create rent seekers in society
• To find these you don’t have to look far
• Corporate examples - middle management
• Artist examples - record labels or music labels
• The rent seeker doesn’t create anything, or put in blood sweat, and tears
• They often reap the benefit without putting in the proof of work
• Bitcoin seeks to disintermediate non-value-added positions from society
• Creators and value creators in the future will directly seek capital benefits for freedom of expression and creation they go through
• Bitcoin and incentive structures
• How do you see incentive structures changing in the future and do you think the “parasitic/rent-seeking class” will cease to exist or in a limited capacity?

Do you think Bitcoin will change the incentive structure change due to its deflationary nature? At a minimum do you think rent-seeking will reduce in the future in a value 4 value economy? I'd love to hear everyone's thoughts! 

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/

Whats Up Everyone, 

Stacker News is a platform that enhances community discussions on economics, bitcoin, and other financial topics.  In a day and age where there are alot of rules and censorship on mainstream platforms, it is a breath of fresh air to see Stacker News (SN) be an avenue for people to speak freely and be part of the value for value movement. 

The community, the content, and the zapping all make SN for a top-notch experience. In today's podcast, I go over what it is, and why I recommend you should try it out! 

• The future of economics, bitcoin, economics, and all types of community discussions
• The problem in today's age with Reddit, X, Instagram, and all other public forums
• These sites have all been heavily financialized with ads, and only a fraction of the value makes its way to the creators
• SN is basic in UI and UX and has a pretty open and honest community on all things Bitcoin and bitcoin culture
• You can zap posts based on the content, or individuals based on their comments
• If you ever have a question comment or concern regarding a topic - it is a nice space to just let it out
• You can make sats, give them away, and have engaging conversations with people from all backgrounds
• The Streak is super addictive - currently at 23 days
• Nothing on SN is censored really, being raw and unfiltered - you get to discuss as things are 
• It is the future of Reddit, the future of Substack, and hopefully - will lead to more writers that engage in best-in-class conversations
• Do you want sats for your commentary on economics, finance, and bitcoin? Feel free to join through my referral! https://stacker.news/r/SatsMate
• They say you are who you surround yourself with, in this case, there are a lot of awesome people at the precipice of the future financial system - come join! 

What platforms are you currently using to engage in discussion and dialogue surrounding macroeconomics and Bitcoin? I hope you all try this out!

See you in the next one,

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 m

Send us Fan Mail

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

Hey SatsCrew, 

There is a famous saying "To improve is to change to be perfect is to change often". This saying is by Winston Churchill, and while I strongly believe it applies to many tech startups around the world, I don't think it applies to Bitcoin. 

It is of great importance to calculate the change made, and that the change is slow. On higher levels of Bitcoin fast change is okay, but on the base layer - we won't slow change as we want to preserve the value to the best of our abilities. In today's podcast, I visit several important topics like: 

• Why for ossification, what are the benefits? 
• Slow and steady 
• Downsides of ossification? 
• How about the benefits of changing the base layer incrementally
  • The need for scaling to be supported by all
  • Examples of people left
• Higher layers of bitcoin
• Middle-of-the-road approach
  • Careful thoughtful evolution with shared consensus 
  • Thorough testing in testnet
• The natural order of events with Bitcoin will lean towards ossification
• It is important for bitcoiners, and people everywhere to keep an open mind, be thorough, and think over the long term
  • Unintended consequences of changes as well

Are you for, against, or neutral regarding the ossification of the protocol? Do you think we may see another hard or soft fork sometime in the future? I'd love to hear everyone's thoughts - and thanks for tuning in!

Best Regards,

SatsMate

Support Me:  https://storm.pub/
Youtube Channel: 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/

What is Up SatsCrew, 

Today is a pretty big day when it comes to world monetary policy. Javier Milei, Argentina's recently elected president has signaled that he will support a Free Market of Currencies! 

This is enormous news because it isn't something we have seen a lot of in the past century. This free market of currencies will mean there will be competition, and the currency won't be ordered by government decree. 

It is an exciting step in the right direction for a country that has suffered from high inflation and economic instability for quite some time. In this podcast, I go over important topics such as the following: 

• Quote discussion
• The free competition of currencies
• Javier Milei as a libertarian, and letting things play out as they do
• No government intervention, no state assistance
• A market free to use whatever currency you see fit
• The dilemma is that both parties need to be willing to accept the currency/money or unit of account
• Technically, by the looks of it barter will even be able to occur
• This is extremely friendly for Bitcoin, and likely there will be no taxes under Milei on any currencies/monies
• Peso or Dollars as a currency
• Bitcoin as a currency
• WTI and BTU, whatever currency makes sense
• Individual freedom, little government intervention 
• The exact opposite of Argentina's history which resulted in high inflation and economic instability
• Functional currency method of translating dozens of currencies in a distilled way for a comprehensive way of understanding financial health

Overall, what did you guys think of this move by Milei? Do you think a free market of currencies would work out, or would there be issues? 

I'd love to hear everyone's thoughts! 

Best Regards,

SatsMate

Support Me:  https://storm.pub/
Youtube Channel: 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/

What is up SatsCrew, 

Many people are trying to imagine how the future would look like if the world was on a Bitcoin standard. If this were the case, we would all have wallets and would be able to transact with lightning on L2s & above. 

When you go to a grocery store, to get your hair cut or pay the landscaper - all would be willing to accept their services in satoshis. Maybe a gallon of milk will be 750 sats, a landscaper's service will cost 7,000 sats and to cut your hair it will be 3,000 sats. The point is things will be priced in sats. We won't look at bitcoin through the worldview of the USD anymore, rather we will look at sats as the unit of account. 

While this seems like a far-fetched vision, there is a slight possibility this could happen in Western nations - as it is currently happening in El Salvador and many circular economies around the world. In today's podcast - I discuss how this future may look - specifically:

• What does pricing everything in Bitcoin mean
• How this is beneficial is that it changes the primary unit of account, but also creates more ease for both the buyer and the seller
• No more currency conversion and understanding spot exchange rates/exchange fees
• The risk of this is the volatility
• If there are certain vendors/obligations you have with people not on the Bitcoin standard
• As the adoption grows, volatility will eventually smooth out or go down
• Over the past 14 years it has been tremendously volatile
• Options for accepting over Bitcoin rails and converting into the currency of your choice
• Better yet, accept over Bitcoin rails, and move a percentage into your treasury for BTC and the rest in cash for day-to-day operations
• We haven’t even approached the widespread acceptance phase
  • 99.99% of vendors in the U.S. don’t even accept bitcoin yet
• Pricing in Bitcoin will be the future, but first there needs to be more education
• Volatility needs to smooth out for 100% acceptance
• Gaining legal tender status does help as most businesses will just take the fiat currency in the country they are in
• A future priced in bitcoin is a future of understanding the asset, but also better and more wallets

I hope you all enjoyed this one! How would you expect the future to look like on a bitcoin standard? 

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

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/

Hey All, 

We don't need to look far to see that Americans nowadays are flush with consumerism, credit, and debt. Our culture feeds off of debt insatiably, and often we fill up our homes, closets, and extra storage units with things that we don't need. 

 Over the past decade or so, the minimalism movement has made strides to help individuals find ways to reduce consumption and live in a bare-bones way. With consumerism rampant in our culture, it often is difficult to be the exception and move away from this trap. In today's podcast, I discuss some important topics surrounding minimalism, and how I think Bitcoin plays a decent role in the minimalism movement. 

• Consumerism is all around us
• Influencers constantly touting products
• Commercials rampant on all platforms now - with excellent subconscious seeds planted
• My thoughts on Minimalism
• How I live my life through minimalism
• The things that I spend my money on
• From my view, the things that many of us should cut out or reduce to optimize our life position
• How minimalism plays into bitcoin
• What society wants you to become
• What we should try to become more minimalistic in our approach to life
• The problems with too much consumerism - too much stuff, too much storage, too much to manage… What are we using
• How you will look back at your life if you live in a minimalistic way with a focus on bitcoin

How can we as individuals become more minimalistic with our approach to life? Far too often we are always trying to get more and more, but when is enough enough? 

Have you found yourself becoming more minimalistic in a way since you started using Bitcoin? I have found that personally - and I don't see myself missing a lot of the things that I used to have. 

Thanks for tuning in everyone, feel free to check out some referral links below. 

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/

Hey SatsCrew, 

So exciting to be alive right now, because now more than ever we can receive bitcoin for pretty much everything we do. Whether you are playing games, streaming, YouTubing, podcasting, doing surveys, or walking - you can always be earning sats. 

What is so great about this is these sats can easily be paid out via lightning at no cost and at any time. To be fair, this isn't a large sum of money - but it is something that I otherwise would be doing, so to earn sats doing so is pretty cool. An excellent reward mechanism is built into each of these things which drives adoption, while concurrently giving the user something in exchange. This is a low-key orange pill for gamers, exercisers, and surveyors alike! In this podcast, I dive deep into the following topics, and discuss how I am currently living on a bitcoin standard in my day to day! 

• Touching the surface of Bitcoin rewards
• For walking every day I receive a couple dozen sats using sMile 
• I’m unsure who is funding this, but I believe sMile funds this to get people on the app and interact with its different features… So incredible, rewarding people to be healthy
• I’m now addicted to walking
• Surveys - for a few moments of my time, I can receive between 100 and a thousand satoshis
• How the surveys work and how all parties win
• Most importantly, the Arcade
• My history in gaming
• The raffle design with Thndr Games
• The game functionality, just having fun with games
• In the future I think we will see these integrated in bigger and even better ways
• Converting pay from CashApp & Strike
• In the end, everything we look at now seems to be radiating with Satoshis to an extent
• By leveraging lightning, and choosing to be paid in Bitcoin we are changing the world into a beautiful orange future

Have you found any other avenues to earn bitcoin while you are working out, playing games, or through some other avenue? I'd love to hear it!

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

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

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/

Hey All, 

We have seen over the past couple of decades men's purpose has started to diminish. Men are choosing to leave the country, get addicted to drugs, become consumed with video games, or worse find a way out. 

The reason why so many are deciding to give up is they often don't see a path towards a better future. Many opportunities around us are evaporating, and it is easy to see why people are throwing in the towel. While I understand it, I don't think it is the right approach. Life is too short to just give up. We must do what we can to make a better future for ourselves even if it may not feel right at the time. In this podcast, I go over these many important points. 

• A lot of this applies to women also 
• Over the past ten or so years we have seen a shift
• Many working-age men have decided to just stop looking for work
• If not this, people can’t even find a job that pays adequately
• Artificial intelligence will replace many office jobs, driving jobs, and other programmable tasks shortly
• People are starting to question, why? Why should I keep trying if everything is working against me?
• Think about all of the headwinds our younger generation has right now
• Many people feel whether I work hard, or not - the outcome is still the same being I can’t afford a home
• What we are seeing is this extreme level of wealth congregate to a few dozen families and hundreds of millions of individuals live problematically in a financial way
• Many are also unhappy - they are comparing on social media, are addicted to smartphones, don’t have an income that supports themselves and can’t find a suitable partner
• Many men are also struggling to find a purpose, as the glue and fabric in society is starting to fall apart from a work standpoint
• Self-esteem, opportunities, and a trajectory for a better future seem dim to many people 

What are your thoughts as it comes to men's erosion of purpose? Could bitcoin fix this, or could there be a way to better position our youth to live a life of meaning? In the end, we want a confident, ambitious young population - not one addicted to vices and activities that will leave them further behind in the future. 

I hope you enjoyed this one! 

Cheers, 

SatsMate

Referral to Stacker News: https://stacker.news/r/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

Send us Fan Mail

Support the show

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

Hey All, 

The current administration has been outright against all things Bitcoin/Digital Assets. I think the evils in this world understand the power that Bitcoin can give the individual, and if we have powerful citizens, then they won't be submissive to the government. The government will always try to do everything it can to further inch its control on others. I hope we see privacy layers above Bitcoin win out, but also be a country where we can attract the best and the brightest. 

Our future as a country depends on this! The alternative is financial repression, financial control & censorship. We also don't ever want to see a large amount of the population leave due to brain drain. We want to attract the best and the brightest. I am hopeful for a future without this administration, but we can't just rely on that. We must be proactively supporting the right causes. 

• This bill has received bipartisan support across both the Senate and the House of Representatives
• This bill helped establish accounting standards for firms to  custody crypto
• Would help increase adoption amongst financial players across the industry
• Biden essentially is saying that he won’t support measures that jeopardize the well-being of consumers when ultimately these consumers he is hurting the most
• Cory Booker, Chuck Schumer, and many other prominent democrats walked away from their party line to support this bill 
• SEC is looking to gain more control, and the deep state keeps inching forward to more dominance
• Overall, a lot of this from my view will be water under the bridge as Biden’s term is nearing completion and from my view, he won’t get re-elected 
• A point on reaching out to your representatives can be made here
• In the end, self custody your own - and vote and tell others to vote this election
• It's just a matter of whether Bitcoin and digital asset innovation remain in the U.S. or will trend overseas in the future

Speak up for all that is wrong in this administration. We want to see more freedom and sovereignty when it comes to our money. 

I hope you all enjoyed this one. I'll catch you in the next one. 

Best Regards, 

SatsMate

Referral to Stacker News: https://stacker.news/r/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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