Stacking Sats will Never Be this Easy Again – Epi-3195

The Survival Podcast

Society & Culture, Philosophy

4.6 • 1.8K Ratings

🗓️ 1 November 2022

⏱️ 94 minutes

🔗️ Recording | iTunes | RSS

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Summary

Has the bottom hit for the current cycle? The truth is that I don’t know. Further the truth is math never lies and hence it doesn’t matter. I actually called the bottom once the cycles top was established at 14,400. … Continue reading →

Transcript

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0:00.0	And we are live welcome folks to episode 3195 of the survival podcast as far as Bitcoin
0:25.1	and breakout episodes, episode 25. So I don't have a guest today and I'm not sure exactly
0:34.5	how that happened. We didn't lose anybody or anything. Dorothy just didn't have anybody
0:39.2	booked today. And I think I told her like several weeks ago to go ahead and leave me a
0:43.1	week open. But I don't remember that. I've had a lot going on lately. And then so when this
0:48.8	hole in the schedule came up, whatever reason I said to leave me an open week, I forgot what
0:54.1	it was. And I'm like, well, what are we going to talk about as far as Bitcoin goes today? And I
0:58.2	thought about something I've been saying a lot lately to people. And that is that it will never
1:04.5	be easier than it is right now to stack sats or to accumulate Bitcoin. Sats being Satoshi's,
1:12.4	the smallest unit of Bitcoin. Of course, I should pay homage to yesterday was white paper day,
1:17.0	the anniversary of the Bitcoin white paper being put out by Satoshi, whoever he she they was.
1:23.3	And I find it interesting because the whole thing had happened yesterday. So Gary Gensler
1:28.2	on Twitter said, you know, happy 14th anniversary to the Bitcoin white paper. And hey,
1:35.6	you know, we should make sure that in 2023, we finally give consumers the protection they need
1:41.7	under the banner of crypto. And I responded to Gary Gensler. And I said, you know, who else
1:49.9	says that you have to pay for protection, you didn't ask for and takes money from you against your
1:55.3	will to provide you protection. Call it a mafia. And by the way, Bitcoin was invented by Satoshi,
2:02.6	so we wouldn't need your protection. And you know, you only can say so much in Twitter because
2:07.2	you have a character limit. But my other side I was, do whatever you want with crypto. Do whatever
2:11.5	you want with it. But Bitcoin is not crypto in that generic sense. Bitcoin is its own thing.
2:17.4	Bitcoin is specifically designed so that you don't need somebody to protect you.
2:23.9	It is, it is enforced security by voluntary participation. So we're not going to dig too deep
	...

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