Hello everyone this is adam meister the bitcoinmeister the disrupt meister
welcome to the one bitcoin show today is February the 11th 2018 strong hand
conviction long term thinking 2020 having people I'm coming luck I'm in
freaking Darwin Australia now that's where the show is coming from today hey
man I do a new show here every day check out the archives below I got off a
plane a few hours ago I slept some but I had to do my show 14.5 hour time
difference here than Baltimore notice that point five it's really strange
alright so you check out the nose section below Reservoir get your treads
or come to a show you while I get your cryptography tea t-shirts and just watch
the archives people have a strong hand alright so here is a non strong ham non
strong hand non long-term tweet not like long term thinking tweet that I thought
was funny it's actually originated on May the 17th 2011 I wish I had kept my
1700 Bitcoin at 6 cents instead of selling them at 8 cents at 30 cents they
are now worth $8 oh man put that in perspective a lot can change
but if he valued his way wealth and bitcoin he'd still have 1700 Bitcoin I
think he'd be happy so again ignore those fiat numbers where
they are now what they appear to be now try to get more and more Bitcoin this
person is worrying about 6 cents 30 cents 8 dollars
he should have just kept that 1,700 Bitcoin that's the bottom line that's
the big number in that that sticks out to me but 1,700 Bitcoin
back then is still 1700 Bitcoin now and you if you would have held on to it he
would have gotten to be cash the be gold and whatever crypto dividends are on the
way be private we'll talk about that in a second
pound at night button people if you're watching live or if you're watching on
tape delay or whatever you want to call it no real reason to watch it live it
all right so what do we have and if you are watching a live though you can ask
questions that's that's a reason if you do the super chat otherwise I can't see
ya okay here's a tweet have you seen Abra's new digital currency portfolio
manager and exchange service bitcoin aetherium plus 50 fiat currencies all
right I haven't seen it no but this tweet implies that a abre has a nice
service on your phone a and I'm not into these phone acts type of things so I
don't know if it's old or if they just updated it it's better than it was
before and they're just excited now I bring this up because well first of all
the more options out there the better so this is a completely new option or
improved option and great then great for just you know buying and everything but
when we start to talk about you know you buy from your phone you send from your
phone that means you're storing your you're keeping some information on your
phone to your private key that's I don't like that I don't even own a phone as
many of you know so when I when people ask me about wood phone app should I use
warehouse today what wallet should I put on my phone I am just hesitant to say
anything because it first of all I don't use that and I don't trust it i don't
trust Bitcoin and cryptocurrencies and phones I just don't I know a lot of you
are into that kind of thing it's something I don't recommend and I'm just
bringing it up right now again I keep mine on hardware wallets that's what I
do I mean what's I'm not I don't need that if I need it
I'll go into my hardware while I'll get okay and then some people say well I'll
keep it very if I ever need to spend it on people a super small amount on my
phone okay super small amount is good but it starts from there it starts as a
super small amount and before you know it you've got three Bitcoin on there and
that's not too cool or maybe you have three Bitcoin on there when it was a
super small amount and now it's not a people don't think of that as a super
small amount anymore so be careful with phone storage um be careful with phone
apps be careful downloading trick acts I mean again for me it's so simple just to
use the treasurer it's just it's so it's safe it's simple it gets rid of the
worry and again I am a I'm a strong hand holder I don't I've never never never I
never needed to trade it in for dollars or whatever the people are interested in
doing and I don't spend my Bitcoin on things okay what else do we have here
yeah check out the archives I said that I said that before okay Boris at the I
talked about this guy Boris from a game kings in the Netherlands he interviewed
me when I was in Taipei and now the video is up there and it is a beautiful
video I'll link to it below again I I love the combination of gamers and in
cryptocurrency I think it's gonna go well together he's all into something
there I know some of you guys play video games I do not play video games at all I
did when I was younger but it's just not not something interests me I just
there's only so much time during the day it seems like a lot of guys put way too
much time into it that's if that's your thing that's your thing but but his
video is also I'm glad he's introducing me to gain more people and I'm glad I
could tell regular Bitcoin people to check out his video it's edited I know
you some of you guys you know don't pay attention to a word I say and just like
to look at my hair so you will love that video because my
eye I look marvelous that's how I look in real life actually he's got a great
camera he had it sit real nice so if you'd like to admire the way I look and
not pay attention to a word I say then that's for you for you 80 percenters but
again you'll learn if you actually pay attention like you show
you should have listening comprehension I know many of you cannot grasp that
you'll learn a lot from the video also so it's it's a good-looking video and
it's a smart video also thank you very much bars all right what else do we have
here our more about 80 percenters here 80 percenters in terms well keep that in
mind that the term 80% Vitalik is not an 80% Robbie he's a
smart guy he's got a tweet out there it says excellent if I'm talking about
metallic Brut brooder in the founder of aetherium and maybe the dictator of a
theorem I don't know you can call them a lot of different things excellent I
think doing rescue forks in exceptional circumstances can be a great choice for
nascent early stage blotchiness okay now that that tweet sounds a lot
like centralization who would determine what when a rescue fork is necessary is
it just one person saying okay we're doing this now we're do that's it we're
doing it it's it's not done by consensus is just we're doing it I'm saying it's I
took a poll because we're we go back to the whole dowel situation and many of
you don't remember and that was that was like a command that was like we're doing
this and then aetherium classic survived off that's really the original aetherium
so some people are like well Adam wait a second
the market has spoken people have spoken a few MS done Ben and if your classic
hasn't done as well as since then now the market we all know is made up of a
bunch of 80 percenters that don't know the first thing about centralization or
what cryptocurrencies are so supposed to be about in and again maybe it is okay
for aetherium I get a theory missed it's a different animal than Bitcoin but what
he's saying out there he says I think doing rescue forks and exceptional
circumstances can be great a choice for nascent early stage blockchain so he's I
mean he's he's not being very specific to theory I mean he can he's setting a
precedent saying hey if you start you encrypt occurred sorry
so what if you if someone says we're gonna we're just gonna fix it to bail
someone out he's talked about bail that's here okay I'm a fan of
bailouts and I don't I don't think it was I don't think was the right way to
go from this moment still at this moment and you know you're building all these
things on top of the theory I mean it just makes you wonder is one day
someone's gonna do something gonna make a command that says hey we're gonna go a
different direction and it's gonna hurt your ERC 20 or your year or C 20 took
it's gonna break because of this cuz we're bailing out a bigger guy for a
little guy I don't know it's just that he tweets this you can see how this can
start controversy and people who think about and think about and again most
people are 80 percenters they're just going to buy it me see it's going up in
value so again I guess everyone wins until something bad happens
so we'll see it's something to think about and just going to the Bitcoin side
of things for me this is why bitcoins great you'll never have someone that
says hey I'm in charge here we're doing X and we're doing it now
that can't happen there has to be consensus so it take and it's hard to
change things in Bitcoin she seems to be a person that likes to be involved with
projects that are easier to change and I I don't agree with that I don't think I
like the Bitcoin being hard to change is great thing so toward Amis to retweeted
that so alright and he's a he's he's a little bit coin side of the fence I'll
say that okay pound that like but but hey
aetherium and Bitcoin two different animals and they shouldn't and I'm not
trying to paint them as competitors I am trying to just point out on how big
Bitcoin can't have a dictator that that's very important for Bitcoin or
else it's gonna all fall apart which some people would say well no it's got a
strong leader obviously it's stronger no opposite the opposite if it had a
dictator it would not be a Bitcoin anymore
so let's talk about be private for a second they had a meeting up in New York
way up in New York from where I am I usually save from the perspective of
Baltimore because New York is three three half four hours north of Baltimore
but anyway I'm from Baltimore for those people who don't know they had their
meeting up in New York it went well there's a video of it seems like they're
building momentum here because Bitcoin calm which is uh basically a prob the
publication of sorts if you catch my drift
um they actually did an article wrote an article about be private so perhaps they
like ret because he read is one of the main guys behind me pride and in the be
cash Bitcoin argument the block size argument rent was thought of more of a
on what the people at the Bitcoin comm Pravda would like but anyway the fact
that they there are a lot of people commented in an article what I care
about is that people were finding out about this they're building it up now
they're building up the marketing we ought to spread the word about be
private there's we're all gonna get this for free since we're big coin holders we
wanted to do well it's an anonymous version of Bitcoin that's like Z cash
it's also forking off of Z classic so if you have Z classic you're gonna get this
if you have big point you're gonna get it I've explained it numerous times in
past videos we'll go over it some more as it gets closer I have said it before
I said it again come on bitch Rex make this easy come on Tresor make this thing
easy for all of us for Z classic people and for Bitcoin people I'll make more
videos now speaking about marketing I thought of a funny marketing idea I
think I was on the plane when I thought about this we've got B gold out there
and then I was thinking how you know this Indian exchange zebb pay is slowly
adding cryptocurrencies they have well I'm for it they have
ripple which many don't consider to be a cryptocurrency and they have a I think
Bitcoin litecoin I forgot what else they have I don't know I'm not in India but
if they if they added be gold it's totally my beagle
in touch with them and say add us because people in India love gold they
will just love it it'll cause a big ol pump it will so if
you're a big old person go out there go to goods em pay exchange pitch up pitch
them say hey your people are just gonna are gonna want to explore this because
it's got the name gold in it and it's got the name Bitcoin up in it but Adam
calls it be gold cuz I again people are why do you call it be cashed I called
all the Crypt of dividends be something because there's only one Bitcoin that's
name of the show the one Bitcoin show all right there was an event called the
Satoshi - Satoshi roundtable I'm sure you heard about it is dude bruce fenton
but I don't agree with all the time puts it on you know I don't want to put this
out up on a pedestal or anything this event but people are curious about it he
invites people he think I died verse group of people who think you think he
thinks are important in the in the cryptocurrency world and a lady named
Caitlin long who's actually from Wyoming she put a she made a nice summary a
10-point summary that's easy to read a lot of these summaries are longer I
haven't gotten a chance to read lots yet I linked his below also I mean some of
these are just too long a lot of time and I'm not that interested in the event
but I know some of you are so I recommend reading Caitlin's ten points
her ninth point is obviously biased this about Wyoming
she's from what I owe me she's trying to promote Wyoming I'm very curious about
roaming though I'm not taking away from a point I don't know if he was one of
top 10 most important things at the event but again I wasn't at the event
but I am curious about this aspect of it by board the point out she is from
Wyoming I might visit Wyoming when I mean not speaking in Boulder on the 25th
of April and I've been in touch with someone from my oming actually and we're
in the early stages of talking about some things so Yap and I like what if
you want me to visit Wyoming but I check out her a summary and lot summary also I
have not even read yet so I hope it's I hope it's nice we've got Michael Krieger
who's been on the show before the great of Liberty Blitzkrieg he has a summary
of the Senate hearings again I don't care that much about the Senate hearings
they can't stop it it's all you it's gonna be you're either gonna say it's
but or either say it's foam oh you're gonna say
they're promoting it too much they're hyping in it you know they can't make a
difference it's out of their hands at this point so yeah it was positive he
has good he has a nice summary out there and if you're gonna read a summary why
not read his summary what I care about more and I haven't heard about is the
the House bill and I haven't got it I need an update I'm gonna research this
the House bill to not tax transaction is a big coin under $600 because again
you're supposed to report every little sale a Bitcoin a Fiat that you have or
Bitcoin to products that you have okay and obviously it's going to be an
accounting pain for for certain companies that are just you know they
are using their Bitcoin I mean I'm not a fan of you I don't think people just
hold your bitcoins strong hand but Saigon for some peeps so this with this
if this bill actually gets passed it will make a difference I mean it will
lessen yeah I don't think there should be any laws about Bitcoin whatsoever I
think it's ridiculous people have to pay taxes on their Bitcoin but again that's
the rule right now since that's the law of the land right now if they don't get
rid of that law and they have to make another law to improve upon that law so
that's why I'm interested in this six hundred dollar law which I've not heard
about for a while you know that that's a real actionable thing at these hearings
they didn't talk about any really actionable things from what I can tell
they it's a hands-off approach which is great which is great that's a great
thing to come off of it they're still pretty hands-off in terms of Bitcoin it
seems like they're interested in the eye cos I don't know okay so yeah pound that
like mine that's the end of the Bitcoin part of the show I wanted to say one
thing about cut about the 80% though about the 80% which I mean you can
interpret this as being our Bitcoin 80 percenters are conformist they easily
conform they go with the trend they're not the people who take a stand when
things appear dark or when things appear down with things that when the ship
appears to be going down they're not the ones these are trying to help they're
not the ones saying hey everything's gonna be all right here here's a plan
let's create a plan they're just like bail bail we're out of here
we're out of here that's it you know even if even if the and I say
this ship is going down when it appears this is going sometimes it looks like
you know this ship might be a going down it's not you can you can be fixes you
don't panic you need a leader to take a stand that's not an 80 percent the 80%
of our conformist there panic panic sellers they're not long-term thinkers
at all so again it may be the going down with the ship thing not the best analogy
in the world people but III think I think you get my point
when when it was it when the going gets tough the tough get going anyway when
things appear to be tough it's 20 percenters who take a stand okay
they don't go with the flow they're not trendies they're not conformist they
take a stand and they what is the word I'm looking for if they stand their
ground they hold their own and it was that other beautiful they have
conviction alright I'm at a Best 20 percenters or conviction 80 percenters
conformist all right I'm Adam I should bitcoinmeister the disrupt meister
remember subscribe to this channel like this video shares video check out the
notes section below I'm going to go try to run in Darwin before thunderstorms
come by
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