Hello everyone this is Adam Meister the bitcoinmeister the disrupt
meister welcome to this very special edition of today in bitcoin today is
December the 21st 2017 strong hand long-term thinking first off Friday 9
p.m. Eastern Time is this week a big coin this show that you're watching
right now is not live I'm taping this on my new camera is a test of my new camera
but later tonight it might be much later tonight we will be live as usual for the
one Bitcoin show at the regularly scheduled show I post a new video here
every day of course just testing out this camera and remember if you need a
crypto consultation you can email me at a dimitra's or help calm i've been
getting requests for them lately i met with a client last night so that's
always fun Adam at Tresor help.com pound that like button if you like this new
camera that's being tested out ok so this video is all about a use case for
Bitcoin that I was just thinking about it just jumped into my hand like I have
to make a video for this now the protection against state forced asset
seizure ok the you can get into all sorts of
lawsuits litigation whatever you want to say and the state the government can
take away your assets can liquidate your bank account and give it to the person
who is suing you frivolously or for whatever reason you get into a marriage
that went sour you get into a business relationship that went sour you are at
the mercy of the courts you were going to have to pay a lawyer a lot of money
but and this is a big but Bitcoin helps
eliminate the fear of losing basically everything and I'm going to explain why
now first off I just watched the video and I'm going to link to it below
it's about this me too meaning that's going around social media and
unfortunately there are people out there who will for whatever reasons for
attention to get revenge or new for some reason say that you did something to
them in the past that was inappropriate and they will try to ruin your
reputation and they will try to extort money from you most likely through the
court system through the state now if you're a person who has assets those
assets are at risk when you get into one of these situations and you never know
when you're going to run into these situations obviously if you are not
married it's you avoid a divorce situation you won't have to worry about
divorce but other situations you know you work in a work environment where you
encounter the opposite sex Alliance that that person of the opposite sex might
have accused you of sexual harassment when you just brush by them one day and
try to take you for everything that you're worth or they might not even go
through the state and just say hey I'm going to say X Y & Z about you you're
gonna have to you know do this you're gonna have to give me your car or
whatever but again let's focus on the state issue but again Bitcoin protects
you from from the non state issue too so the plan ahead mentality now let's say
you're just a regular person you haven't encountered any trouble at
all but you know that you can happen to you you understand that so you're gonna
make sure that your cash in the bank you you minimize the amount of a bank
accounts that you have put some of that in the Bitcoin put a lot of it in the
Bitcoin if you need now the reason is this let's say
you have $15,000 worth of relatively liquid assets okay that can all be taken
away from you suddenly what you do is okay I'll buy
one Bitcoin for $15,000 and you think about it and you're go that's a lot of
money how about if it goes down the $10,000 suddenly there's no guarantee
that Bitcoin will maintain its level well let me ask you this if Bitcoin gets
the price gets cut in half in terms of dollars it goes down to $7,500
but then compared to what would happen to you if you didn't do anything with
your assets but you got sued the kingdom come would you lose half of it including
the lawyers fees or when you lose basically all of it so what would you
rather do be in the situation where hey man you're you're if you get it's one of
these situations you're losing it all or hey I've changed I put some I've
reallocated some of my assets now there is something that people consider to be
riskier I might lose half of it I might lose a third of it but who knows it
might it might go to the moon for all I know
so compare there's two different scenarios right there and think which
one is worth and think about the pain of dealing with lawyers think about the the
stress that you have it on your life if you got into one of these situations
where you're fearing that everything's gonna be taken away from you now when
everything is in Bitcoin when you have an in big one they can not take it away
from you they can they might suspect but what happened where is all in this stuff
now what happened or why doesn't it have any stuff and if they really start
pounding at you like you're gonna give me your stuff I'm gonna you know torture
you for the Bitcoin which they can't which they can't do you can always just
leave the freaking country go to Canada or if you're kind of go to the United
States wherever with your treasurer remember buy a treasure at crypto Hwa
comm links below and that's it it's over you've got your assets with you you've
got it's fine but again it's come in that situation anyway but I mean
this this is about precautions this section of the video is just about
propulsion I want this to be thought-provoking and I'm one of the
reasons I do this is because a lot of people look at their known use cases for
a big point I'm giving you some very creative but practical use cases for
buying one bit combine more than one Bitcoin I mean large purchases of
Bitcoin because I want people out there who had assets to reconsider the way
their assets are allocated in terms of the situation that we're living in today
where people can accuse you from all sorts of nonsense if you're a guy or
whoever are a person working at a big corporation you're making $200,000 a
year okay it can all come to an end really soon again
you brush someone the wrong way if your hand actually I've actually touch to
someone's backside you might you might be cruisin for a bruisin after that is
the society we live in today your name will be all over Twitter earlier I mean
who knows what will happen and again this is why I tell people to work for
themselves but however if you are a guy who works for himself and your matter is
if you get into the whole situation over again where so and again another plan
ahead thing you can do is it's your own it's your own secret prenuptial
agreement with yourself okay have a stash of Bitcoin that your significant
other does not know about so if they do try to take you for everything you have
some of your assets in Bitcoin and again it's better than having all this cash in
the bank that they're immediately able to take away from you or some 401k that
there immediately are your retirement other retirement count IRA whatever that
there immediately that immediately gets frozen the moment you get sued or just
who I've heard all sorts of ridiculous situations but these are the nightmare
type of situations that you should think about when you're planning ahead
so Bitcoin gives you this freedom and freedom from worrying about these types
of situations but freedom from getting into these situations and remember part
of life is having peace of mind and Bitcoin will give you peace of mind
and you and again the first thing people will say well happen if it goes down by
a lot but compare that to the peace of mind to the of losing everything through
one of these lawsuits okay so explore Bitcoin become more confident with it
but you don't have to be that confident with it when you are pretty sure that
there's a big chance that you can get in twenty situations now let's go to the
scenario where you're already in the middle of one of these situations okay
you are maybe you're in a horrible marriage and you know it's about to go
down okay they're about to the lawyers are already circling around you like
vultures and you're you're about to have to hire
a lawyer because things of gods are bad or you're in another situation with real
estate or one of your tenants is suing you for something completely ridiculous
and first of all you should not let me tell you if you're a guy who's about to
get married a person who's about to get married you should sell your on your
properties they have tenants okay it is such a pain to have tenant properties
and then insurance and to have the state tax you constantly on it it is better to
own Bitcoin than to own a rental property when you're about to get
married because again you have the stress of that rental property Bitcoin
doesn't give you that stress but the same time if you also get into this
horrible marriage they can take that rental property from you when you could
have all along is they've been working so hard milking this wrinkled property
you just have Bitcoin all along and and didn't didn't have all that stress and
it bitcoins a lot easier to maintain than a freaking rental property in the
middle of Baltimore City playing by all these gangs and the politicians make you
by the way when you own a rental property in Baltimore City you are the
slave of the tent basically oK we've gone off on a little bit of a tangent
there but this applies to some people here when we're working when we're
comparing assets we're comparing our rental properties and Bitcoin I favor
big corn up to the max when compared to rental properties especially if you're
about to get married even if you have good tenants but again let's say you're
in the middle of a situation where you you're about to get sued for Kingdom
Come okay all right this is when you're like everything that you can live
you better start liquidating now and putting it in the Bitcoin you don't
worry a Bitcoin gets cut in half because the value of Bitcoin you know you buy
all these Bitcoin for fifteen thousand each
don't worry about going down the to 7,500 okay don't worry about that
because you're about to lose everything if you don't do this you're about to
lose all that stuff no get out of your for again if you're in these and I'm not
a financial advisor I'm just giving your life advice right here okay
this is this is real life life advice I'm positive if you're in one of these
situations right now you're not going to be too anal retentive about the whole
thing and say oh man you're not a financial adviser I'm going to tell on
you or whatever you know but be that's that the old way of life okay first of
all people pal that like button if you like the new way of life here and
long-term thinking but again if they didn't have long-term thinking if you're
in one of these binds right now get liquidate everything as much as you can
buy some Bitcoin don't hire some lawyers and just say hey you know what take it
if your woman or spouse take it person who's suing me just take it you won't
have anything truck if you anyway if you have nothing left they take nothing then
which is great you've got your trans or with all your liquidated assets on it
get out of there just get out it whatever get out means to you whether it
be out of the country or just go you don't have a lawyer going through with
the proceedings claim poverty I'm not a legal expert again I'm not saying I'm a
legal expert I'm not saying I'm a financial expert I'm not saying that
follow this but again this is this is life experience type of stuff you should
consider it is this video is just about it use cases for Bitcoin awesome use
cases for big point to prevent these horrible state forced seizures of your
property of your of your assets which we have to deal with in this modern world
you could pretend this doesn't exist today and that's what people have been
doing for a long time but I'm very the perfect person or I'm
involved in the perfect business no one will sue me my coworkers are
great people Oh my business is so liberal my bosses
give me all these benefits nothing bad in the world could happen to me that's a
fantasy where and you can live in the fantasy world with the 80% not owned
Bitcoin not benefit for Bitcoin not use Bitcoin as a protection mechanism
because I'm telling you I've just given great reasons why bitcoin is a
protection mechanism against such horrific situations so again if you
don't like dealing with pan lawyers a lot of money once you're in one of these
situations here you go this is a way to avoid that okay that's it i'm adam
meister the bitcoinmeister the disrupt meister remember to subscribe this
channel like this you're sharing this video comment like when hopefully his
video turned out
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