The SatsMate Stack

Hey Satsmate Crew, 

It is not surprising what is happening right now, but we are seeing a clear case be made that many banks are on the brink of an insolvent collapse. The FDIC recently came out with a statement that 63 lenders are at risk of insolvency. 

What is insane to think about is how could we have arrived at this point. Was this done purposefully, or was this a mistake? I think the incentives of the system are incorrectly constructed and because of that self-interested actors & short-term incentives are what is running the system. 

The system eventually does need to break without bailouts, as bailouts just lead to moral hazard and more easy money. We need to be prepared when stuff like this does happen, because in times like this, we need to be prepared to help others out, but try to capitalize and make the most out of the opportunity that we can. 

• US Banking Sector faces $517B in Unrealized Losses
• 63 lenders at the risk of insolvency
• End of years 2024, 2025 & 2026 we need to be prepared for the potential inclement weather that could come to the system
• Reserve requirement currently 0%
• There were too many loans made that will end up going bad in the commercial real estate area 
• Even in residential, banks were handing out 2-3% mortgages left and right
  • Now the cost of capital is at 7-8%
  • Consumers got a steal, banks now live in the reality of an 8% rate environment
• It is clear this administration doesn’t have everything under control and Bidenomics is a failure
• To be honest it is bigger than him, the issue lies within the structure of our banking system overall
• This is the same banking system that denied Wyoming’s full reserve bank
• The FDIC can’t cover all of this - and if all these banks did go under the contagion could be widespread
• Why Bitcoin
• Why A Better System
• What banks do to your money to devalue your life energy and your savings

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

We see material weakness in many businesses across the U.S. from a retail standpoint. A lot of discretionary products right now are not selling well at all, and because of this we are seeing companies like Dicks, Best Buy, Bass Pro Shops, and many more suffer because the consumer is sick. 

The consumer is pretty much all tapped out from every angle because of inflation, slowing job increases, and more. In this podcast I dive into what I see as the current recession right now, where it is hitting the hardest - and how I am positioning myself to best weather the storm. 

In the end, it is key to be prepared - because in the end when the tide goes out, you want to be caught strong and prepared. 

• Bass Pro shops CEO recently issued a warning that the company needs to reassess its strategy
• Buy Now Pay Later on consumer discretionary products 
• We are seeing a slow-down trend in the economy right now
• With this downtrend, Americans are maxing out credit debt, and specifically defaults are increasing
• Consumer sensitives are starting to see a setback (examples include anything recreational or debt is used to finance) 
• Fast food and restaurants are down
• Necessities are still strong
• 2024 outlook and how I’m positioning?
• Gold, Silver, and most importantly Bitcoin/B companies
• Election year, things being propped up, and how to look at this
• Staying consistent with one’s strategy 

So satscrew, what are your current thoughts on the economy right now? Do you think we are going to see more downside ahead of us? Also, what ways are you trying to position yourself to both weather this storm but also profit off a downside? 

As always, thanks for all of the support, I look forward to continuing to deliver top tier content! 

Best,

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey Satscrew, 

We are starting to witness game theory play out right in front of us! It is beautiful to see companies worldwide trying to position their portfolio in a way of strength with a hard asset that can't be debased. It is well understood that fiat can be printed to infinity, and it is also well understood that bitcoin is finite. Many companies, individuals, and nation-states alike are starting to question why one would not trade something that can be printed in infinity for something finite.  

In this podcast, I go over the important companies that have decided to move to the hardest asset in the world. I furthermore discuss the game theory, and my thoughts on this catching on to the majority of companies in the Fortune 500. 

In the end, we want to see treasuries optimize, and savings grow. Hyperbitcoinization is right around the corner and with hopefully a friendly administration in the next year - I'm hopeful this trend won't reverse. 

• Semler Scientific a small healthcare company has decided to allocate Bitcoin on its balance sheet
• Meta Planet in Japan also bought bitcoin
• Soon we will see a rush of all corporations trying to get a slice of the Bitcoin pie
• Recently trading at $22 a share it is now priced at $33 a 30%+ increase
• Healthy revenues, looking to park capital in a hard asset that can’t be debased by a government
• Microstrategy playbook (similar revenues as well)
• 581 bitcoin purchased worth $40M
• Other companies with long-term time horizons are looking to allocate to the hardest assets in the world
• Block, Tesla, Bitcoin Miners, ETFs alongside crypto companies have chosen to add Bitcoin to their balance sheets 
• More adoption will come especially next year under a better administration
• It’s hard to deny the facts 
• More and more companies will continue to adopt and it will cause something known as “the Bitcoin effect” 

What companies do you think are positioned to be the next to adopt Bitcoin? Do you think we will see broader adoption in the U.S. or overseas when it comes to companies putting this asset on their balance sheet? 

At what point do you think we will see the tipping point for companies of all sizes to start FOMO(ing) into Bitcoin? I'd love to hear everyone's thoughts! As always, all of your support is greatly appreciated and I can't wait to keep delivering the best content to every one of you! 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew,

We are living in a world where more and more people are getting deeper into debt, while concurrently commodity asset prices are surging in an illustrative manner. 

Over the better part of the past century, we have been living in a fiat experiment due to the creation of the Federal Reserve Bank. From our view, we are at the end times of this fiat experiment and many are realizing what is money, and if fiat does have value due to the decree by the government. 

Times are getting harder for many, grocery prices are skyrocketing, and most interestingly the current administration is saying everything is fine, there is nothing to worry about. 

In this podcast, I go over many important topics, including the difference between the different types of money and most importantly how we can best prepare. 

• Current delinquencies for auto and credit card debt are surging past 8 & 9%
  • Millions upon millions of people that aren’t paying their bills
  • Not enough liquid cash for people to pay bills
  • Debt cycle as interest compounds and makes it harder to get out of
• Gold, Silver, & Bitcoin have been surging - is this sending a signal?
• Debt A Debt-based economy makes it so others invest in other's debt - but that is messed up! 
  • Why can’t we pay for what we have, why do we need to Rehypothecate and spread everything out? 
• Gold, Silver, and Bitcoin have been surging because they see something wrong right now with the system
• People right now are starting to invest in harder assets that aren’t backed by credit and debt (i.e. auto loan-backed securities, or mortgage-backed securities
• Credit cards and auto are not mortgages, but they are critical for many - as people need a vehicle to get to and from work, and people rely on credit cards to get through their paycheck
• Commodity money or Bitcoin will help promote individuals saving and living within their means
• People can’t borrow endlessly with Bitcoin as with Bitcoin you are holding the bearer asset yourself 
• Credit money, people endlessly borrow because it is worthless and can be paid back with cheaper dollars tomorrow
• Commodity money, people try to hold onto and save because tomorrow it will likely be worth more than yesterday, so people save and have low time preference for forward-thinking behavior

I'd love to hear what you think! Do you think we are at the end of the fiat experiment? Will we ever go back on a harder money standard or are we in a position to keep repeating ourselves time and time again with this melting ice cube money? 

As always your support means alot. 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

I'm sure many of you have heard the saying "Stay humble and stack sats". This is a popular phrase among the Bitcoin community over the past several years because of the amount of people out there trying to do things in a way that could be obnoxious, drive attention, and live a life without humility. 

In this podcast, I go into the criticality of living by this motto - and always seeking to increase our sat position more tomorrow than today.  In this podcast, I go over several important topics that I'm sure we have heard of before, but it is important to remind ourselves: 

• Wealth is hidden
• You don’t want to make yourself a target
• Sats/Bitcoin tends to go up every epoch (4 years), by staying humble you position yourself to grow wealth in degrees of magnitude
• Nice, and flashy things are expensive to maintain and generally don’t provide an ROI
• Try to do things that aren’t very high time preference
• It is easy to stray from this if you have never been in a situation where you are running into money
• It also helps one get closer to their financial roots
• Being there for what is important - and not caught up in the noise of society 

Overall, in a world of glitz and glamour, living humbly and trying to gradually increase our sat stack is of great importance in this world of noise and showing off. 

I think this is a motto I will try to live by for the rest of my life and I hope others learn to adopt it in whole or in part - as I think it will genuinely make people's lives better. I hope you all enjoyed this one, and be sure to share it around! 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

You go to many countries around the world and notice not a lot of people have debt. There are some edge and fringe cases, but the majority tend to pay things with cash every step of the way. 

Why is it in our Western U.S. society that we are so driven to go deeper and deeper into debt? Everything one can think about has been completely financialized - and it is leading to more and more people getting into positions that are hard to get out of. 

We spend so much money cause we know we will be devalued in the future. We spend so much because we get approved for it. What I think we need is a shift in people's mentality to move into a more commodity money-based system instead of a debt-based money system. This will make us want to save more, spend less & think more about our future. 

• Inflation drives spending on fiat
• Loose credit conditions also drive spending on fiat
• Erosion of American values 
  • Black Friday, Keeping up with the Jones’s and straying from humbleness
• Revenge spending
• Pushing present consumption at next to no cost
• Locking people up, infinite money printing - and Americans want to make up for lost time
• Buy goods and services right away, because tomorrow you will get x% less than today
• Savings for Americans increased to all-time highs of 32% with the stimmies, but Americans are close to depleting through these savings
• False idols and TV Ads
• A lack of low time preference and based behavior/delayed gratification
• We always want the nicest car, the best house location & cool vacations
• Not many of us are willing to sacrifice an older car, a worse house location, and mediocre travel in the world of Instagram 

I'd love to hear everyone's thoughts on why Americans spend so much money. Do you think we are all trying to keep up with the Joneses? Is there another solution that you can think of that will help us course correct? 

I hope you all enjoyed this one satscrew! 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

The government-issued statistics from the BLS (Bureau of Labor Statistics) are a complete joke & lie. Constantly hedonic adjustments are being made the hide the true reality of the inflation we are seeing in the country.  

They fool us into thinking prices rise by x+1 when they rise by x+5. The unfortunate reality is that we make decisions with this data that don't fully protect us, and we can see the true reality of the situation with our own eyes. 

• Shadow Government Statistics
• Why Governments Lie
• Bending the truth
• Hedonic adjustments have happened over a dozen times since 
• Recently removed from the index Tomatoes, vegetable oils & Coffee
• Previously New Cars/trucks, housing, furniture, lamb, train fares and more
• Government needs the courage to stand behind these numbers
• Hedonic adjustments are just lies that fool the normies and the mainstream
• It hurts everyday shoppers and consumers because they are told one thing and see another
• OPT out with the hardest money ever
• They can’t mess and hedonically adjust the bitcoin chart data 
• Bitcoin is the tip of the spear, a positive or negative omen that encapsulates how the market feels
• It is the free market for better or worse, and we need freedom and transparency on the ledger, not government manipulation

What are your thoughts you see with hedonic adjustments on inflation numbers? Do you think this is overplayed and what do you think the real inflation rate is in the U.S? 

I'd love to hear your thoughts, and thank you all for the support! 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey Satscrew, 

We are seeing an insane reality currently where Biden and many democrats are standing against an asset that is supposed to democratize finance and the global financial system. 

The very people who seek to help the poor and middle class are turning their shoulders on people who are trying to capture value in a permissionless, digital, and non-debasable way. 

In today's podcast, I go over why I think Biden taking an anti-bitcoin stance will end up costing him the election (despite all of his other issues). 

• Who out there hates crypto with a burning passion? 
• Other than Bankers, and corrupt politicians - not many
• Mark Cuban discussion on this
• You have everything to lose, and nothing to gain by going anti-crypto
• Many democratic individuals are very pro-crypto and pro bitcoin
• Going anti bitcoin doesn’t make any sense for Democrats
  • Aren’t they the ones about financial inclusion and helping the poor?
  • Aren’t they the ones that help individuals from the greedy bankers?
• This is a Bitcoin Election
• There are hundreds of reasons why Biden won’t win this election, but his stance on this side has people fired up for Robert Kennedy or even Trump
• States rights in Oklahoma enacted and signed into law to protect fundamental Bitcoin rights
• Even if federally the government tries to impede on bitcoin rights, states will work to pass laws that protect against this tyranny and freedom to monetarily transact, mine, and hold keys

Overall - I'd like to gain your insight on if you think this stance will cost him the election. I don't think its looking good at all, and I strongly believe we will see a changing of the guard. 

I hope you all enjoyed this one, and as always I love the support, the sharing and the comments! I'll see you all in the next one.

Best Regards, 

 
SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey Everyone, 

More and more the stock market resembles a casino than it represents a place of steady investment based on logic and fundamentals. I am completely for people making a buck, and nowadays we see stocks get short-squeezed just because their balance sheet is a joke. 

In today's podcast, I go over my thoughts on the entire thing, and how I am approaching it. I hope you enjoy - and remember not to take life too seriously, but be careful about these investments. 

• Buying Long and Trading Short (Discuss)
• Shorting makes a stock price go down
• The stock market has turned into a big casino
  • Derivatives and more advanced contracts allow complex trades
  • These markets are huge now with trillions of dollars in bets
• Financialization through derivatives and these financial institutions is what is hollowing out America
• The entire market is so closely tied together and some of these hedge funds that go under could cause contagion to the entire market
• Companies with high short interest get taken advantage of by these Wall Street hedge funds
• Now there is a natural weakness discovered by the market and it can be exploited by retail against the hedge funds
• At the end of the day this is why I hope for bitcoin
• The fact that there is only 21M
• The fact that your keys are your coins - solves this entire problem and fake paper money
• We will see the return to intrinsic value in the future due to bitcoin
• All this manipulation causes endless issues to the people working at GameStop while enriching the media, politicians, and hedge fund billionaires… until now

Overall, I think we will see more investments in memetics over the next several years... With these huge pops in stocks, it wouldn't be ideal to be on the short size or leveraged in certain cases. I think at the end of the day we need to respect mr. market to be random as always. I hope you all enjoyed this one - be sure to share and comment if you can! 

Best Regards, 


SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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Hey SatsCrew, 

Things are getting interesting as it comes to the Biden administration and loans. The socialist and democratic party seems to be trying to bribe the populace into voting for them, by forgiving loans and other debts. 

While I can go on and on about the problems our society faces as it comes to how we have gotten into this mess, I can assure you one of the worst ways out of this mess is through government intervention. Paying off these loans will further divide our society as it can create a huge moral hazard, and there are a lot of logistical details that would need to be addressed. In this podcast specifically, I go over the following important topics: 

• Moral hazard
• Setting the wrong precedent
• Higher taxes for the lower, and middle class
• People intentionally taking advantage of the system
• What is the solution to this problem?
  • No government intervention in healthcare
  • No government intervention in education
  • No government guarantees
• Current problem, is things are artificially propped up because of all of these guarantees
• We need a system where we get rid of the bureaucracy and red tape and allow the free market
• We need deflationary money like Bitcoin so things get cheaper over time and not more expensive

I'd love to hear your thoughts on loan forgiveness! While I tend to be a bit more hesitant on this, I am for equity & equality as it comes to finance. If we just forgive all loans, then anybody can get anything they want in life and it will turn our system upside down. 

I hope you all enjoyed this one! 

Best Regards, 

SatsMate

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

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

Send us Fan Mail

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