Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is July the 18th 2018 strong hand long-term thinking deferral that gratification personal responsibility is the new counterculture remember people yes this is the one Bitcoin show and we call it that because it all starts with one Bitcoin that should be your first goal then two then three the ten and a hundred so on and so on value your wealth in Bitcoin check out the links below check out this rub my Stratcom see my old videos get t-shirts link to below in the tread war ledger nano crypto HW wallet comm is uh I've got an affiliate link down there all sorts of affiliate links down there right so check them out if you want support the show that way so I was on auntie Hoffman show on the Royal crypt of network earlier today I had to get up early for me at least and at least a list trip and it was a good show we talked about we talked about little crypto dividends we just tuned in tuned in I won't spoil it we had a fun fun to it I even I ripped on gold some gold and silver I went on a gold and silver rant I'm no fan of gold and silver digital gold Bitcoin is where it's at people okay so let's get into a toward an Easter tweet it coin is and I've alluded to this kind of thing before bitcoin is the dot-com of digital gold it's Time Square it's big bad all coins icos and forks are the dotnet a hotel a hotel you like but forget and he goes on to elaborate the dot-com domain names are twenty times more valuable than their equivalent dotnet orgs and those are the only alternative top-level domain names even worth Linn effect okay people you can you can extrapolate when I just said and apply it to Bitcoin and cryptocurrency if you want to or you can gamble with 50 Roth coins hey personal responsibility is the new counterculture people do what you want to do but blame it on yourself it's all it's all on you dude all right now there's a billionaire out there who's made the news he's bought some Bitcoin and he's apparently been buying Bitcoin for a while but he just stopped started buying a lot more and the question is when he is even richer in the future are you going to be one of the people scapegoating him blaming him for your problems or are you going to be one of the people celebrating because not only is he wealthier you're wealthier but you were buy a Bitcoin even before he was and you bought a lot of it when he was also so man Odell tweets about Marc Lasry of Avenue Capital Group the co-founder and chairman and okay he's the bill he's a rich dude he has about me they calculate that he's about eighteen million dollars worth of Bitcoin now um yeah that's about 2500 Bitcoin he owns that's a lot of Bitcoin but lots of it he's bought recently the majority he's paid between 5075 hundred dollars for apparently um baby in the end of the day if he keeps his twenty five hundred Bitcoin he will own point oh one percent of all the Bitcoin ever created over 001 percent of all the Bitcoin ever created but again he's not one of those do juice oh he's got lucky because he bought it one of us no no no he didn't get lucky he was paying five over five thousand dollars for most of it he used this head he's already rich he's a God better dad just listen let me get even richer this is a good good way to spend my money I got interested in it when it was cheap I bought a few and now I'm really interested in it so I'm going you know one percent of my wealth is going into it apparently said one person as well so let's talk a little bit more about this a guy named real Vijay said in this past hikes and this applies the mark this guy Marc Lasry the billionaire in this past hike cycle there were perhaps millions of people who made small allocations to Bitcoin the next cycle these people in the process of being mentally mentally captured that's a term this guy made up will be ready to increase their allocation dramatically increasing the reservation demand for Bitcoin some of these people like Lazar II will be billionaires you don't need many billionaires to be captured to see a dramatic effect on price so again we had a lot during the last hype cycle that we just passed in there were a lot of guys that dip their toe into it that vault saw even even before that they bought some and now they're comfortable with it they're mentally captured as this dude points it points out and the next time around when it starts going up in price they're gonna go all-in and it doesn't take a lot of Marc Lasry to really boost up the price Marc lad with all these unknown name Marc Lasry billionaires out there who might own 1 2 3 4 5 6 10 Bitcoin and now are gonna be like I want a thousand Bitcoin now get it for me my person who buys me stuff because I'm so darn rich all right the other thing that is a pound that like button by the way people if you like this kind of Bitcoin information you know the logical explanations of how the wealthy will pump up Bitcoin and how the wealthy you've already experimented a little bit in it are gonna explore than experimented in it soon and you should just be waiting around picking your nose while they're just uh you know between there between experimenting and going all-in or else they're just gonna be one of those people that ends up blaming them and by the way Marc Lasry he's a Marat he's originally from Morocco he's Jewish you better believe a lot of people read blaming because state coders know coiners and conspiracy theorists you know who their favorite people are to play Adam and the mark everybody anyway so um let's see even if you don't currently own any Bitcoin you've been mentally captured your forever a source of liquidity for Bitcoin okay this guy Vijay he feels that even people who haven't bought Bitcoin who I guess are really deep into studying it and are going to buy it they're already they're already on that path if they're mentally captured they're on the path to buying it again I don't like the term mentally capture I don't like that term but I understand what he's trying to say that again so there's something there are some people who don't have any Bitcoin now who have entrenched themselves in it and they're going to buy a lot at the night next height cycle and then of course you have the node pointer should just blame everybody for everything all right so remember pound that like button check out my Twitter tech ball i retweeted something everything I talked about by the way is linked to below tech bought te CH B alt on Twitter follow me there it's always a blast hey if you're in the chat right now I answer your questions if you do the super chat or else I can't see ya and was I don't look at the channel let's call it B color pops up alright so there's a guy that did an ICO study or is it more like a token report and uh I gotta say it's apparently I mean I linked to his tweets below he really studied this stuff you know trying to show the risk of icos and tokens now you can if you're already a twenty percent and you know that I SEOs were complete gambling and nonsense if you've got a strong hand until after 2020 and you you're not impulsive then you don't even need to read this darn thing but there were some nutrient there are some interesting cards out there and if you're still interested in AI cos then you probably should read this and you should become familiar with long-term thinking and not being impulsive anyway he says here's a clip do token projects live up to the promise they make to investors we looked at the top 50 2017 icos every white paper TN see and prospectus every available piece of code every social media post we could get our hands on thread with Fredrik so here we go of the 50 I cos third of the 37 the promise vesting 80% ik didn't coat didn't code it in of the 32 that promised supply restrictions 25% so it didn't coated in of the 17 that promised burning 35% didn't coat did not coat it in of the 10 with tokens that could be modified like bank or only 4 disclosed that right in English I mean come on people you're buying into these things that make these promises and don't even code the stuff in half the time or a lot of the time seriously risky stuff I mean you want to buy a company that would straight-up wouldn't tell you all there or maybe you would maybe you do buy stocks where the companies don't tell you the whole truth all right away I don't know Bitcoin it's all out there it's open source nothing's being kept from you it's all laid out on the table okay people yeah there's a limit on the amount of Bitcoin it's coated in there all right Congress is having some sort of hearing today where they're pretending to pretending to know stuff about cryptocurrency and they're saying all sorts of things you know they seem like they're up to date your big point doesn't care people you shouldn't care either I wanted waste any time putting these guys up on pedestals and worrying about what these really poorly informed politicians have to say about cryptocurrency sure they might they might say stuff that gets scary oh well it's not gonna stop Bitcoin they might see something that's also we love big point great bright they don't continue I'll tell you this doodoos like mark that guy mark Lasky or whatever his name is the Moroccan are the American Moroccan Jew millionaire billionaire what he does means a lot more than what these congressional fools say and you should do instead of saying you can be a Cocker like the congressional people or you could be a doer like the freakin billionaire's you the choice is yours personal responsibilities of new counterculture all right Jameson's life has a group tweet out there for all you lightning Network priests engineers who started tinkering with Bitcoin a few years ago are now commanding Silicon Valley salaries regardless of their geographic locations I expect the same will happen to engineers who start tinkering with Lightner Lightning Network today all right you engineers I don't care where you are on this planet start tinkering with Lightning Network you're gonna be able to make money like you were living in Silicon Valley in the future you just gotta think long-term okay and hey man if you're like in some low cost of living environment right now you start getting paid like a Silicon Valley person you're gonna be living it up you're gonna be traveling around you're not gonna be happy you're not gonna have to work very long especially if you're buying and holding that Bitcoin and you're thinking 2020 all right if you're not so long-term Philadelphia area August the 18th I will be there at the crypto coin con-com at Ken Bozak $45 ticket price below use the bitcoinmeister 45 discount code best holes were bought in bear markets strong hand people long-term thinking tom that like button i'm anna meister the bitcoinmeister the disrupt meister remember subscribe to the channel like the video share the video and of course check out those notes below i'll say hi to you dudes in the chat right now good night
