Bitcoin creates while Gold destroys, Bitmex email doxing, Euro isn’t for savings, Argentina, Q&A!

Hello everyone this is adam meister the
bitcoinmeister the disrupt meister
welcome to the one bitcoin show today is
November the 3rd 2019 strong Han
bitcoin is next Bitcoin in motion Val
your wealth in Bitcoin apex predator one
Bitcoin he was one Bitcoin offended by
selling everyone hello my leave friends
how you doing there will be time for
some questions and answers in today’s
show so type in bitcoin meister do is to
pretend if you want to and i can answer
your questions about bitcoin about
whatever so i I want to remind everyone
to check out the archives at disrupt my
store calm follow me on Twitter at Tech
ball tecs be alt you’ll see that this
weekend Bitcoin on Friday we had a great
guest on and we went beyond Bitcoin we
talked a bit need talk about family
offices everyone should really check
that out it was a he’s great guests best
guest in space seriously check out this
weekend Bitcoin a lot of people talking
about it I mean it was a little
different than our usual show but hey
man this is a big space we gotta we
gotta see all sorts of different people
over here but he’s a real smart guy the
beyond Bitcoin show was yesterday that
was Saturday check that out also
everything was linked to below hey I
wanted him today I was going to do a
show called I rather own aetherium than
gold silver or any so-called precious
metal now I decided at the last minute
I’m not gonna do that I’m just gonna do
my regular show right now but I’m gonna
do that show soon maybe tomorrow maybe
later today who knows again I’m in
Australia so it’s a completely different
day here so I got the whole day so I
messed up but yeah there’s there’s a
little preview I don’t usually give
previews like that but we might get
something a little different here just
bit I’m no fan of pressure
medals and the whole mentality around
that the the the issue I see is in order
for this to become a a gold centric
world we’re gonna have to go backward
and what I see going on in this world is
incredible innovation and the world is
just changing because of Bitcoin and we
have a guy here like gerald Celente I
mentioned this guy before and why people
I mean people are just addicted to his
doom there are just some doom and gloom
errs that love stuff like this title the
greatest depression stage one that’s his
latest video the greatest depression
were you know we’re entering the
greatest depression stage one and he of
course he says the buy gold and he’s
made so many wrong predictions over the
years but but but the classic tone of
what guys like him say is that in order
for gold and precious metals for it to
work for to really work to really get at
some bang for your buck we’re entering
the greatest depression and the reality
on the ground the reality on the ground
is a lot different than we’re entering
the greatest depression we’re entering a
Golden Age of innovation and the whole
world is being flipped around by
technology in a very positive way so if
these guys have been talking about
depressions on the verge of depressions
for years and years yet we people
getting these technological innovations
and quality of life keeps on going up
people people go into greater and
greater but they have more and more
things 80 percenters to keep getting
their stuff and there’s the world
there’s a morning suit lines it’s just
we’re living in a modern age where for
there to be a greatest
oppression it’s not even really possible
anymore because of the comforts created
by technology so that’s why I say gold
destroys and Bitcoin creates because in
order to get to this gold centric world
look what would you have to have it’s
not progress it’s not progress at all
but the reality on the ground is that we
keep on progressing with so many things
we didn’t used to have the internet when
they were crying about the Great
Depression that we were about to have
and how gold was about to take over so
you could be stuck in that world in that
old world where you’re just waiting
waiting for bad things to happen and
you’re just missing everything the
internet was created social media was
created so much was created so we are
we’re it’s big point is way beyond it’s
creating a whole new realm I’m holding
around the whole new way of thinking
which is just it just surpasses the old
wedding that we used it’s an evolution
it’s an evolution now I’m gonna compare
that here a second I got a link to an
article about what killed the newspapers
Google or Facebook Google didn’t
actually kill the newspaper advertising
markets Google replaced it with an
entirely different market it’s the same
money but Google isn’t in the same
market as newspapers it instead created
its own market and brands decided that
was a better place to be and that’s the
way I see a Bitcoin you’re okay with
it’s creating something entirely new
something that can they could not really
be defined previously and this is true
with all of cryptocurrency
we don’t know what what’s gonna be
innovations that are going to come out
of Bitcoin in all these other these
altcoins accelerator I can go buy the
all coins Bitcoin is is the winner it’s
it’s but that there are gonna we’re
where no one could have predicted icos
okay just that no one could have
predicted the Google advertising model
years ago okay but what Google did was
just completely redefine make it
and made its own industry didn’t read
the fine industry and name newspapers
completely obsolete so just just think
of that for a second and there are all
these traditionalists to say this is
what you know you got to be able to feel
all the money you gotta be able to feel
it gold Islam look all these traditional
but that’s been totally upended by big
it’s we’ve totally read the fine and so
III don’t know III do not want to be
stuck you know the smart boomers out
there there are smart boomers out there
they talk about theoretically
why why it should work why gold should
work why theoretically this should be
what what value is and they are missing
something very important how the real
world actually works 80 percenters don’t
care they don’t care about the
mathematics behind gold okay they don’t
care they keep spending spending
spending and the Fiat system keeps
growing growing and growing so you’re
you know theoretically the gold Umar’s
yeah there should have been a depression
there’s should’ve been this that and the
other but people don’t live innovation
keeps happening financial innovation
that you don’t like that involves
massive debt and massive money printing
it keeps on happening that’s the reality
a ground and people accept it people
love it and now if you don’t like it you
can get in the Bitcoin what are you
getting the gold but the whole Bitcoin
technology is really just creating a
whole new paradigm the whole I caught it
an overlay it’s just something that we
will not will look back one day and will
be able to describe it better it’s hard
to describe the you don’t have the words
to describe the future in the present
but once we go once we’re far into the
future we can look back in the past and
really explain what happened and you’ll
see Aaron
so you know smart do Murs you might be
smart guys but you’re not in motion
you’re way down for your your Gerald
gerald Celente
I mean would you rather be part of the
Gerald cilenti’s of the world of the
innovation in Bitcoin and and even
beyond again I said I’d rather have a
theory ‘m than gold and we’ll talk about
that in the future show So Ra Ra 803 G
said gold bugs think money needs
commodity value when it is clear money
is the thing acquired specifically not
to be used for its commodity value but
to be used to exchange in the future
yeah exactly so I mean they could okay
the commodity thing is theoretically
theoretically it’s very true but don’t
on the ground people don’t care that did
its paper paper dollar bills that it’s
it’s not a commodity
hey it’s Bitcoin to the ministers hey
hey bitcoin party people pound that like
button for the bitcoinmeister yeah thank
you big way to the moon I will be
meeting you in person in a week November
oh well now it’s yeah and well November
the 10th I’ll be meeting you on November
the 10th all right so another another
guy out there Morten left the a he left
this he contacted me he sent me a DM I
wanted to share it with everyone hey
Adam I enjoy your show every day they
make sense hope you enjoy Australia if I
may come up with some thought from my
head Andreas is an expert on technology
you’re an expert on system understanding
it’s only the latter that will get you
rich I want to get rich just like the
rest of the 95 percent of the population
of Earth I want to get rich only the
dedicated 5% Western spoiled wokes
on earth would say that blockchain is
more than just money there is no just
about money as you accidentally pointed
out recently love it yeah thank thank
you very much it there is there is not
jump it’s not
just money money is huge and so it is
great to be to be spoiled and say hey
this is uh let’s let’s do the let’s put
everything on the blockchain here it’s
it’s not just about my no it’s if money
is the most important part of what’s
going on here with this blockchain thing
with Bitcoin but but I will say
something you mentioned system under
understanding and yeah I would say to
tie it in the way I was saying that I
think do MERS have little system under
and they just have theoretical
theoretically you should be able to dig
gold should be this should be the way
that it works and on the ground it
doesn’t work and 80 percenters when you
when you’re thinking about systems 80
percenters they’re not logical at all
and and they have a big say in what is
in the system so you gotta take them
into account when determining what
direction you should go in and have to
do the opposite of them but the key to
keep them in mind so and found that like
button first of all we I wanted to bring
up a fellow big coin er out there Thomas
of the world crypto network and people
he I mean he clearly he’s he’s a spender
he spent his Bitcoin over the years okay
but he has created a a resource that
everyone can access for free and that is
the world crypto Network
yeah his archives are great he you know
he does shows what he does shows he has
to all sorts of guests on there he’s
debuted so many people like Tony Hayes I
mean he’s contributed so much to to the
ecosystem and yet and right now he’s got
something on his Twitter
he’s asking people for contributions and
he’s done this before and people are
calling him a leech people are saying
why don’t you have any Bitcoin you know
you’re terrible get get a real job
they’re saying and I just want to point
out that the all of you were thinking
you know the people who are ripping I am
I suppose I’m are just trolls and stuff
but he does have a real job in the new
world and everyone is still used to
fitting in having a traditional way of
life and everything but we’re this is a
new world here and this is his job and
the way he funds his lifestyle is by
asking for donations he wants sponsors
for his channel for and it’s a
legitimate it’s a legitimate uh endeavor
I mean you could watch all the old
videos anything
it’s very legit he’s not like some bum
begging on the street people are trying
to compare it to that Sri so yeah he
spent his Bitcoin I’m offended by
selling yeah he did that we’re not all
the same I don’t agree with Thomas on
everything but he’s a legitimate dude I
met the dude in person before he’s a
nice sky and does he again does he do
everything the same way does he believe
exactly but I believe in Bitcoin oh and
that’s the beauty of Bitcoin but I just
want to stick up with a guy because
they’re people that are just immediately
ripping on it just and that’s that’s the
way of Twitter saying he’s a leech leech
all these vicious words to call Thomas
of the world criminal network it’s I
mean they this is where the big boys
play so no he has a real job he travels
around the world he has a rural crypto
network that’s his real job the way it’s
funded is spikes through advertisers on
YouTube he’s not making for FERC for the
lifestyle me maybe he’s got to cut back
on expenses to whatever but I mean
Stefan Molyneux he does he not had a
real job the stefan molyneux not have a
real job because the way he he a hundred
percent funds his endeavor which is
YouTube videos is that asking for
donations so that’s what Thomas is doing
um its andreas the best with money I
mean is it is it wrong is it not
everyone could be adam meister with
their freaking money and safe and have a
strong hand okay not even and this is
what morton was
before him Andreas is a freaking genius
is andreas a great money manager no does
he does he contribute a lot yeah he
triggers a lot and so that Thomas does
also and weak but and but a thing to
remember here is you can’t be a
technical genius like andreas and you
can be you know creating content like
like Thomas does and doing what Thomas
does but it’s it’s good to have other
skills also you cannot just bury
yourself in technology and you cannot
bury yourself in the theoretical you
cannot bury yourself in the theoretical
you do there is a reality to this world
and you have to set yourself up in the
reality of this world and the current
reality is is that the Fiat system works
the US dollar isn’t going anywhere
big there’s the Bitcoin overlay hold it
don’t try to complicate it if you study
it all day and you don’t actually own it
and what you do or it you spend it
you’re not going to be financially
successful you’re just not and so I mean
is being financially successful for
everyone no it’s not for everyone it’s
not forever but I I think it’s I think
it’s a huge thing again the people say
the money is that’s a huge part of up of
the whole Bitcoin overlay system and the
technologies that are going on in these
money so you can theoretically talk
about it for free and but I say try to
live it try to live it so and try to
hold on to it that that’s my advice to
Andreas and Thomas you know maybe cut
down on the spending of the Bitcoin once
you get it but hey then if you like what
they contribute contribute to them and
maybe you know give them a little tip
and say hey maybe you shouldn’t spend
you know calling people leech and so
yeah I don’t fund my whole uh my whole
thing here my whole production you know
I enjoy getting the donations I enjoy
the super chests I enjoy all that stuff
it’s not a necessity for me in life
because I have saved because I really am
living this by and whole thing and lit
and cutting out all my expenses living a
frugal lifestyle getting the mote bang
for my buck
wherever I go I planned this out pretty
well so I’m not in a situation where I
have to spend Bitcoin thank God thank
all right moving on what we’re talking
about a lot of things wait a second man
bitcoin was using the Bitcoin group as a
platform for socialist ideals well you
know this is the thing he has he has
some guy named Bitcoin socialist on
there Thomas is a liberal guy he looks
out on Sanford I mean he’s from that at
California and you don’t have to agree
with him politically and I don’t agree
with him politically I’m he he’s a
different outlook so he keeps running
out of money yeah he keeps running out
of money because he has these socialist
ideals and whatever
III don’t he’s a nice guy he’s a nice
and I think we can breathe productive
and saying hey maybe maybe these
socialist ideas that you have talked
about that they’re not working out you
shouldn’t pat on your big Bitcoin
lifestyle based on this and you’ll have
more reclaiming but be the other way
that he has more Bitcoin is just by
asking foreign people send it to him you
know if you want to sponsor him over
there response erm over there he he’s
willing to take advertising stefan
molyneux it is not you know we all have
different we all different priorities in
life we all have different that we all
have different convicted he’s very he
has conviction toward socialism I guess
or for his political beliefs I think
it’s it’s more important to have a to
base your conviction around uh I don’t
know savings for me you know the system
a productive lifestyle system but that’s
what my conviction is around then and
it’s really core beliefs that it’s
important to you know not to be wasteful
not to to really think about your
financial decisions to not be frivolous
expenses and you know and not everyone
thinks as hard as a buddy you know about
what they did people people want to live
a whimsical lifestyle you know oh that
looks good I’m gonna go buy it I’m gonna
go there you know there’s there’s some
people that are that are impulsive and
they like tool it but again my value is
you know turning your brain into
something that this is not impulsive
long term thinking long term thinking is
a core belief of mine and it’s not just
a belief it’s something that I live and
so some people they don’t do that they
might talk about you know saving and
holding and everything and they’re just
not able to do it now what do we have
here eight this is a Peter Schiff was
talking about I’m not even getting
whether he was talking about but Vijay
had a great a great reply it creaked a
crypto backed by gold entirely missus
the reason Bitcoin is valuable but you
don’t understand that reason nor the
reason gold is no longer money trust
minimization all right that that is a
very a very good reminder out there also
I mean we are in a we’re in a modern age
now where everything is digital you know
we have to worry about confiscation we
have to worry about you know if there’s
something physical you can make a fake
version of that you know you can paint a
rock gold okay and the gold is not its
how do you get rid of well I’m going to
talk about that but no it’s with the
Bitcoin you know you’re getting real
Bitcoin when you get sent a Bitcoin okay
and it can’t be unconscious capable
etcetera how might I mean that this this
is not something that shift in
understand but I’m glad real Vijay
pointed that out rhythm trader says
bitcoin is gold that this is this a
better explain Bitcoin is gold that
weighs nothing takes up no space and
can’t be counterfeited or seized it
teleports instantaneously anywhere in
the world you see he just said a lot
better than I
I found that left bun that’s why I wrote
it down so I wouldn’t have to try to
explain it once your tree no scope said
do you think after the next bull run
that some of the big corners you have
met will quit their jobs and donate a
hundred percent of their time to
developing the clean user interfaces and
other things no I don’t I that’s it
that’s an interesting question you
phrased it very interesting do you think
that after the next full run some of the
Bitcoin is you have met will quit their
jobs I do think that that will happen
yes and donating a hundred percent of
their time to develop no I don’t think
they’ll donate their time I think they
will develop clean user interfaces and
other things for profits okay how about
that I think some some big pointers out
there after the next bull run they they
will be comfortable enough in you know
their long-term planning that they won’t
have to work right so-called regular
jobs any more nine-to-five jobs anymore
and they will start other projects that
deal with Bitcoin well the enemy will be
they’ll be capitalists they prot they’re
not donating their time they’re going to
be creating new innovations and they’ll
be charging it for and good for them and
good for them
charging at Bitcoin hopefully Zak
Bandera said Bitcoin is gold that chicks
can’t wear is jewelry oh you think so
you think they can’t wear this jewelry
that’s that’s a business opportunity
right there make Bitcoin into something
that chicks can wear that rappers can
wear wear something they can you know be
flashy you make your treads or make your
your hardware stores they’ll device
something cool
all right people some remember play this
at QX but this is this is taking long
here let’s talk about this big next
thing that happened big next sent out a
mass email and they forgot to BCC
everyone so everyone saw everyone else’s
email address so they basically dots
people this is a reason everyone should
be using bisque if you for some reason
have to sell your precious Bitcoin or if
for some reason you have to turn your
light coin into or other altcoin into
Bitcoin you shouldn’t be going to these
good these exchanges and giving all your
personal information because they can
learn use your personal information just
like that and this it’s an it’s an
advertisement for bisque try out bisque
are you uh big time traders out there so
but this guy says I ran a quick certain
who’s this crypto math says I ran a
quick search on bit next emails and on
one of my databases and I’ve gotten
quite a few hits do you guys think I
should email the people I found path
passwords for so yeah this is
unfortunate there’s already a lot of
passwords then then that some of these
guys have bad passwords that that emails
are out there or their their emails are
already associated with other passwords
and other slices have been hacked so now
they can people say oh that it’s bad
people say oh they’re also bit next
users so now I’m gonna hack into their
account steal their Bitcoin there this
really brings up a lot of nastiness of
the space so if you’re using one hit Big
Macs or something don’t keep any coins
there don’t use the same passwords from
oneexchange to another try not to sign
up for these exchanges that ask for all
this kyc nonsense
what’s this rhythm trader says Argentina
central bank just restricted the
purchasing a bitcoin with credit and
prepaid cards as of today this comes
less than a week since the same Bank
restricted dollar purchases by citizens
just $200 per month alright the rate the
writing’s on the wall there but most
Argentines they won’t do a thing
they won’t do a thing that there’s
obviously huge capital controls coming
they already have capital controls they
want them to be stuck in the peso and
some people will just be happy I’m gonna
just scream and whine and say oh oh we
need more social
we need the government to print this
more pesos to take care of us well the
20 percenters if there are any and there
are some there they’ll just get in the
big coin or they’ll getting the dollars
now get you something better but the
writing is on the wall there’s no shock
they’re not hiding anything in Argentina
what they’re trying to do here with the
new socialist government that’s taking
over from the one that wasn’t so
socialist this is so that this is the
beauty of Bitcoin when the right is on
the wall protect about your wealth in
Bitcoin you can get into it you could
still get into it you can get into
dollars and then get in the Bitcoin or
something just the writing zoomable but
this most people talk a big talk talk a
big talk and then when it’s time for
some action then the government will
take care of me oh this is this won’t be
as bad as last time people keep falling
for it over and over and over again and
that’s why these systems can keep on
going I mean every time Argentina’s go
bankrupt how many times they’ve had
Piper that that’s super inflation how
many times but the people keep buying
into the Argentine peso so again
theoretically they should all have gold
now they should have all gotten gold in
1983 right right gold bugs they should
have all gotten gold but they didn’t is
that people like convenience so if so
extrapolate this to the United States
all the people saying all hyperinflation
is coming to the u.s. dollar people are
gonna stop believing in the US dollar no
they’re not it keeps going so sure it’s
inflating away and it’s out there it’s
not hidden that the u.s. dollars in
inflating way but people want to keep
buying their houses they like their
welfare dollar it keeps it keeps working
for him and but you don’t have to play
that game you don’t have to you get in
the Bitcoin you don’t have to play the
Fiat game I stumbled upon a site she 256
dot org it’s done disrupt the blockchain
space with diversity we fundamentally
that blockchain technology will shaped
our future finance future financial and
government structures and and as such
it’s crucial that those building these
systems are representative of the global
diverse population which they intend to
serve ok you want to be you want to be
diverse if it’s not hurting me
fine I don’t have a problem of people
trying to make the industry but guilting
people into it and saying oh you’re not
you should have more you should do X Y Z
no or you’re evil no but I mean if you
think this the space should be a bit
more diverse and you want to create an
organization that it makes it so be my
guess run your business that way you can
run your business anyway so good good
good luck to them I don’t think it’s uh
it’s not something I’m getting by like I
think we should get the smartest people
that’s what we should do and naturally
all sorts of diversity will comment if
the smartest people come here let’s just
spread the word so I think them credit
for spreading the word they’re trying to
spread the word or they trying to spread
the word to everyone now they’re trying
to spread the word to minorities to
women etcetera but at least you’re
honest for the word okay it’s not
hurting me it’s not it’s not hurting me
at all so go ahead and that and that’s
the that’s the world that’s that’s the
Bitcoin overlay okay if someone can be
interpreting big4 in a completely
different way with our peace with
socialism with diversity if it’s not
hurting you then they let it let them do
and you should you know if they try to
hurt you somehow then they’re the ones
in the wrong they’re they’re the ones
that are wrong definitely but hey we
could we can all live in this space
there’s there’s all sorts of ways of
interpreting it and may the best
interpretation win all right one two
three no scripts at bitcoinmeister right
now the majority of Bitcoin holders are
men do you think that’ll hold true
twenty thirty fifty years into the
future nothing is stopping women from
getting into getting into it but they
choose not to I agree there there are no
barriers for anyone
the Bitcoin now there’s certain
organizations that are reaching out to
good for them we’ll see them right now
ninety-five percent of the people in the
space or men I would say it’s about 95
5% maybe it’s even higher than that
so in 20 years from now it’s not gonna
be 95 percent now it won’t be 95 percent
will will it be equal men and women ever
I mean I don’t know like in the
traditional finance system it’s more men
it’s more men than women it’s just the
way it is I mean men men kind of tend
toward uh finance but if women want to
be in finance they get me in finance and
this is um I mean let’s boil down to the
basics here it’s a it’s a newfangled
savings account on one level so there
plenty of women that know about savings
so they’ll get into plenty we’ll get in
plenty we’ll get in when they realize
that but I don’t know the statistics on
uh – are there more men in the savings
accounts that women were savings
accounts I mean I know that plenty of
grandmas out there that love savings
accounts shunka ducks if economist – how
much bitcoins should new comers get to
be well-off in the future or what should
they aim for
I just saved twenty three to one whole
big one whole one but what would you say
why here I get aim for one that’s a real
simple love that’s why this shows comes
with one Bitcoin show in for one that
should be your first goal but then after
that you got to ask yourself a question
in the in the long-term future how many
how many Bitcoin do I need to be a
millionaire that dad that’s a sit that’s
a really because a lot of people were
Fiat freaks to be a millionaire that
doesn’t mean to work how many and that’s
and how soon do I want to become a
millionaire that doesn’t work so you you
you yourself you come up I mean you get
together do the math on this thing and
then I I did this I did this map this is
the math I did when Vinnie lingham was
saying making bold predictions about
Bitcoin in 2016
I said how many Bitcoin do I need to buy
to be a millionaire very soon and you
know if any is correct and I bought and
then I got that many Bitcoin and the
rest is history so so some people have
to see you think yourself I want to be a
Bitcoin I want to be a millionaire in
2024 how many Bitcoin do you need to be
a millionaire 2024 and so get that many
Bitcoin now there’s another way I mean
you you could think longer term and III
brought it up before in a year 2036
they’re only gonna be 56 Bitcoin minded
a new Bitcoin mind a day so if that in
that in that world of 2036 Bitcoin how
many Bitcoin do you need to be able to
be relevant only 56 or repeat new ones
are being mined today
I mean think again how many Bitcoin
that’s how many because it is it’s a
save as a count on the most basic of
levels so for your retirement to be
comfortable or to be semi-retired or to
have or to have a certain level of
financial freedom how much savings do
you need you have to think of then how
much Bitcoin do up do I need how much
Bitcoin will translate into that fiat
value in the future and what date that
there you go so I mean it involves a lot
of Turkey
it takes long-term thinking and
long-term planning but the easy answer
is just aim for one at first so at least
you know your pace of acquisition you
know how quickly can you save one I mean
that’s a good measure that’s a good
measuring stick right now how how fast
can I save that first one and then if I
think I need ten to be a millionaire in
2026 and that’s what I’m gonna retire
then how quick am I gonna be able to get
that ten how much how much do I have to
store away every month in order to get
that ten in the Year trondheim just
throwing out random numbers out there
I said we talked about the seed
diversity we talked about okay I talked
about bisque
oh yeah well Pantha says unsurprisingly
the exposed bit Mex mail list is being
used for referral link shilling because
well it’s a list of degenerate gamblers
that’s funny house of people and they’re
probably getting some pings to there
people are selling their their referral
links to other exchanges and probably uh
clicking on them hey this is where the
big boys playing it if people want to
use referral links that people want to
buy into that thing and gamble more on
other exchanges I mean you’re gonna do
you’re gonna learn it you’re gonna learn
the hard way there III have a save over
spend dude save over gambling bit-bit
next series the the people that are
playing around there and then you
deserve to lose their email they don’t
deserve to be doxxed at all but they are
doing something risky over there it is
quit gambling it’s quite a gambling up
mentality over there on the pit Macs are
on all these exchanges and now now their
email address is Republic and they’re
getting all sorts of referral links as
I’m sure some of whom are clicking on
them alright let’s talk about Christine
Lagarde who everyone says is like the
devil or whatever they try to blame all
their problems on her and it’s hilarious
she says uh we should be happier to have
a job didn’t have our savings protected
said miss Lagarde I think that it’s in
the spirit of that monetary policy that
monetary policy has been decided by my
predecessors and I think they made quite
a beneficial choice so she’s straight up
saying that yep you shouldn’t be using
the Fiat of the European Union for
savings and we’re not and we’ve been
printing this thing non-stop and if
you’ve been using it as a savings
mechanism well you haven’t been able to
attend a lot of value sir keep a lot of
value it is for spending and we want to
encourage people to spend they’re not
hiding anything right there they’re not
hiding anything she’s not the devil Fiat
is not for savings the dollar is not for
savings the dollar is not for savings if
you’ve got some bank account and you’re
getting you know point one percent
interest it’s it it is for spending so
the 80 percenters are doing the correct
thing with their with their fiat they’re
doing the correct thing with your yeah
and so she HS she says that’s the
monetary policy if it has been decided
by her predecessors so they’re gonna
keep on doing it they’re gonna keep on
printing the euro so you can complain
you can call her the devil or you can
wear you can see or it can’t last the 80
percenters aren’t gonna keep on spending
they aren’t gonna keep on going going
into debt no they are so you can
complain you can worry all about the
theories as much as you want and you can
say this theory is so wrong it’s so
wrong they won’t be able to keep up
printing money it’s so wrong I’m just
gonna wait for the collapse with my gold
or you get the Bitcoin and just stop
complaining compete don’t complain that
this is a digital world and that it that
Bitcoin will benefit from these policies
Bitcoin will benefit more than anything
from all these pop policies because he’s
not falling apart they will be able to
carry out their policies people will
keep spending their euros and their
dollars they will keep printing the
euros and their dollars that those
countries are gonna have an are good
they’re not gonna be they’re not gonna
fall apart where people are gonna have
to technology is gonna disappear and
you’re gonna have to have a gold rock to
go get your water out of the well or
whatever that’s not a the the money
circulating the Fiat circulating is is
funding the technology the people are
demanding with their Fiat smaller
smaller phones greater greater
technology they’ll keep on getting it
and you you if you want to preserve your
wealth you preserve it in Bitcoin and
go so uh yeah she’s not hiding anything
at all there with that statement I know
it sounds it sounds bad it’s not it’s
it’s unfortunate that uh that the
central bank’s you know that’s the
system those central bank’s control
monetary policy of countries deal with
it and they don’t they and they’re not
into savings and they’re not there to
protect your savings that’s the whole
point behind Bitcoin you’ve got to put
you back control your own private keys
dude you can’t rely you can’t go crying
and say oh I was running on the Fed and
the ECB all these years me and fled the
way my bank account it’s not your keys
you you got to decide you can’t just
blindly follow what what the what your
country says is the right thing to do
with your money you take care of
yourself you take care of self with all
right to Val dagger says you going to
the Grand Canyon when you’re in Arizona
no I’m not it’s not it’s it’s a huge
state and it’s the Grand Canyon is no
one near Tucson at all no weren’t nor a
near Tucson and I never even I’ve never
been to the Grand Canyon I drove I grew
across the country twice when I was
going back to Baltimore I well I I drove
near Flagstaff and you can see the signs
for the Grand Canyon that’s the closest
I got the Grand Canyon or maybe when I
was in Vegas was that the closest I got
the Grand Canyon I don’t know I maybe
I’ll go there one one day in the future
no plans to go to Grand Canyon anytime
soon I’m relaxing when I’m in Tucson man
it’s it’s nicely they’ll be nice and
won’t be warm but it would be for winter
in the United States it’ll be warm yeah
make it’s warm no it’ll be more if you
look in the sixties over there all right
so we got a guy this Joe’s gone long
anyone this is someone complaining Mike
dudas saying so big trucks exchange is
going to list a token called BLT V by
the media site block TV can someone
smarter than me explain why a media site
needs its own cryptocurrency well no I
did it obviously doesn’t need that
they’re just trying to make money
that you know 80 percentage we’ll buy it
it’s a way to fund themselves and it’s
basically an ICO and I said why not why
not let them do that
let let the people innovate that way let
people print their own money let make
their own cryptocurrencies
it’ll just reinforce that bitcoin is the
only one that does not centralized on
that on that level and who knows what
they might come up with I think if if
media if you know it would be great if
Thomas could uh print his own
cryptocurrency but will be wrong with
that he could still be a big like that
maybe he would get my you know have had
a Thomas point if you need Bitcoin that
badly now he he might say well I’m not a
I’m not walking okay good you stand for
that that’s awesome right there
but is it suggesting is this suggest he
should be free to do he should be free
to do that but we’re currently in a
world where you do anything close to an
IC o—- your government United States
government might have some words for you
but I as I have said before with the and
it doesn’t hurt me it doesn’t hurt me if
this media outlet is producing their own
their own coin but I’m here you’re just
speaking the common truths just saying
no it’s it’ll go to zero eventually if
Rob’s me but who knows let them
experiment it’s a total gamble so you
don’t thought you people are going to
buy eighty percent are gonna do what
they’re gonna do there’s many
distractions this is where the big boys
play we’re gonna have distractions we’re
gonna have all sorts of innovations
we’re gonna have things totally fail and
blow up there’s gonna be all sorts of
opportunities for people to gamble so
stick with the Bitcoin I say that is the
the purest answer that is out there in
this space and you can hate on the other
stuff I say just wait around and if they
fail they fail and try to try to tell
try to educate people as best as you can
but it’s not your obligation to educate
people okay some people are going out
the will you mean not everybody needs a
in in the crypto world okay in that not
every crypto mommy is you know some
people can be crypto mommies if they
wanted but this is where the big boys
place so people are gonna find out the
hard way with some of these projects now
if there’s a stay a total scam out there
it’s it’s helpful to to just nicely say
yeah pick an app not good all right
but with block TV producing their own
token that’s not a scam I mean that’s
just it’s not Bitcoin it’s a centralized
cryptocurrency but it’s it’s you you
should know what you’re getting into it
at this point there you’re investing in
their their future maybe but or they can
just run away with all of it – because
it’s centralized and that’s just the way
these private blockchains work or
whatever you want to call alright that’s
it i am adam meister the bitcoinmeister
the disrupt meister remember if you
subscribe to this channel like this
video share this video check out the
links below found that like button to
follow me on twitter at Tech pop look so
have this mustache
wow I talked about the theory and a gold
thing you know another show soon that
that’ll be interesting
all right click on the squares and maybe
there’ll be some more flashback videos
coming soon I got the archives to what
we do and recently see


Add a Comment

Your email address will not be published. Required fields are marked *