hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is October the 2nd 2018 strong hang on long term thinking uncomplicated Bitcoin first alright this coming Friday 10:30 am
I already have the time I already know who's gonna be on is this weekend Bitcoin this Friday we do this week in Bitcoin show is a panel show that wraps up the whole week we have three great guests always the best freaking guest in the space on this channel and 10:30 am on Friday that's Eastern Time Zack Vall will be on just stop Marad that's moon red and Abraham Cambridge from South Africa will be on you know all those dudes they've been on the show before I want to wish a very happy birthday – Josh co-host in the super chat he sent two bucks Josh I hope you having a great birthday whether you're out in the middle of the plains of the Midwest or wherever you may be happy birthday Josh and thank you for the support all right so I mentioned that Zack Bowl will be on the show on Friday and of course this week in bitcoins every Friday but I do post a new show here every single day of a frickin year including this one that you're watching right now oh man I'm like the Cal Ripken a freaking big point every day I come to play baby pound that freaking light button to be the man you gotta beat the man whoa all right so I have done so the great Zack Bowl had an awesome interview with the dude who's in charge of Casa and I link to it below and this this organization casa this company casa i mentioned it before a premium cold storage solution for sovereign individuals who want to be who want to be their Bitcoin back without having to overcome tons of technical hurdles okay so we're talking about if they're basically appealing to high-end clients to who are wealthy people and can get really should we say customizable but then they'll get customizable with it their clients I'll do with their clients I wanted to do but their primary interest is Bitcoin by they they came up with that Bitcoin first slogan that I just used before and I think that's a great way they did not give us describe themselves as Bitcoin maximalist their Bitcoin first and I'm a Bitcoin first or also you know because I do we set their other coins out there they're not all gonna die the Bitcoin is the one Bitcoin is the rock so I'm a Bitcoin first type of guy but but anyway going going back to this interview that is you should watch it I listened to it excuse me it's a listen to guys so those of you who need pretty pictures you're not gonna be entertained he probably shouldn't be here anyway but we're not about fancy set some graphics here baby oh yeah found that frickin like fun sure um they talked he talked about the Lightning Network a little bit even he mentioned that you Bitcoin Falls if Bitcoin fails they're all gonna fails fail which I have always said also hey Tony babies have said that for a long time also so you know for those of you like I I'm I'm a Bitcoin to disappear well if Bitcoin disappears all cryptocurrency disappear so but Bitcoin isn't disappearing sovereign wealth security is a new concept he explains and I mean over all of this interview shows how early we are and what a bright future is ahead and the glory of the smart people like this dude what his name even is I know good Zack Zack interviewed him he's from Casa excuse me for forgetting the name dude but you're great uh-hum and you guys to learn his name by watch listening to the interview he does mention Duke University and he does prove you know again I a lot of people are down on own colleges right now but I have mentioned the elite schools the United States of America such as Duke if you can get into them if you know someone who has gotten into a school like Duke most of the time they're smart and this guy is smart okay you can hate over you again you might not learn a lot of these universities for certain courses and then certain people get in with lesser grades and lesser standard you know the standards aren't the same for everyone but again this guy shows that there's a there's a large group of people who do go to these premiere universities who are creating great products and are smart people so know a degree isn't going to tell you everything about a person but a degree from a top-tier University it's gonna give you a little bit of a hint about them at least a lot of the time so going going back to this this interview what is it you have to think about he mentioned something you have to think about what is going to change in life but you also have to think about what is not going to change and what's not going to change as people are always going to need a safe place for the big coin good storage for the big coin they're gonna be people out there that are going to keep relying on third parties so that's just the fact that's something that's not going to change either so I mean you can build a business around that if you want to I mean they're going to be Bitcoin banks okay this is this interview just inspire you know again it just shows up a lot of future topics that can be expanded upon in this company is definitely going in the right direction if they point out that people are always going to be busy they're not gonna have the time or at least certain people if you know if you're if you're a dude you got a wife and a kid you're maintaining a house you're working for a fortune 500 company and again I don't recommend doing that but you're not gonna have a lot of time to manage your Bitcoin and you're gonna want some help with it you're not going to be able to learn the whole tressaurian announced you're not gonna be a hundred percent perfect with your storage capabilities so this company is here for the sovereign customer first the person who wants control who is a sovereign individual who doesn't want a third party to control their wealth they do key management four sovereign individuals so again watch watch the video I this company I again I've talked about Casa before and also he sees a day of reckoning for the non safe stores out there which I have also talked about that one day one of these third-party custodial services is going to get hacked and it is going to be a bad bad day and a lot of people are gonna learn a hard lesson but again it's personal responsibilities of new counterculture as I always say here so yeah that's that's all again I I there uh it's a good good interview so on it it's linked to below alright Ansel Lindner who has also been a guest on this week in Bitcoin before he says and he's also they can't put Bitcoin back into a bottle it's loose its anti fragile and it's delivering what is this five billion dollar over five billion dollars of censorship resistant transactions per day alright I could get word from another guest who has been on this show before there won't be on this Friday but will be only this week in Bitcoin show in two Fridays what is that all that is that the nineteenth know is that's the Olivia what is the twelfth Dobie it's uh I got a message from Gabriel in Venezuela and I don't know if he's even gonna be able to talk about this but his exchange monkey coin was shut down by the Venezuelan government seven weeks ago so that's it was banned by the government it was banned by the government seven weeks ago so I mean there's really not much I can say about that right now and he's he's alright so let's talk to him not this Friday but next Friday the 12th and yes he's alright he I did talk to him so and it's this happened seven weeks ago I think it's a little down but we'll hear from him we'll hear from him as someone did ask me you know how Abrial someone asked me that a few days ago what am i one of the guys over there in the chat that watches this show all the time and yeah that's how caper so you know we were talking about stories before Andreas Antonopoulos I'll into his video he reminds everyone use a passphrase on your treads or use a passphrase use a passphrase and don't do the brain wallet thing don't try to get cutesy with your storage techniques either okay just he doesn't try to get cutesy either about it he sticks with the program don't try to get too fancy to like you're like you're saving some money or something like that no just follow the protocol use the use the use the passphrase to protect as a way to protect yourself hey watch the video let's link it below alright this is from some be private dude and it brings up a bigger bigger issue the coin based application form has been filled out and submitted beep okay so be private applies to coinbase that's not a shock I mean I'm sure every up coin out there with a brain has applied to be listed on coinbase after they have given everybody the opportunity to do so the question is will coinbase deal with privacy coins and are they more likely to list crypto dividends a big point like be private and like be gold because they can appear to be giving a long time term holders free coins because again long term holders you're not really holding your big day of day control your Bitcoin but you've been keeping your Bitcoin there for a while at least you gotta be trading it but if you're a long-term holder of Bitcoin on coinbase that you know you be gold and they own you some be private so they might go for those first because it's gonna seem like to a lotta their long-term holders or we're getting something for free and some of those people if you're naive enough to keep your Bitcoin on coinbase you might not even know that you're entitled to be gold or be private but again and be gold is not private at all be gold is so that one again it be cold and be private are going to be listed be gold will be listed wait before it be private wealthy so then we will see also you know Gemini has Z cash already so they're willing to list that private see coin Gemini so I would soon point base would be willing to list seek ash but how private it was gonna where's their dividing line is he excuse me is be private to private is monaro to private will have to see will have to see the the evolution of adding coins to coinbase see how that progresses and see what direction they're trying to go in if they're trying to go in the occurred the dividend direction if they're avoiding the privacy coin direction so good luck to be private good luck to three gold you know Z cash also anybody you know anybody get listed on coinbase you end up in there you're gonna get pumped now because they have that one option the bundle option where you push a button to get all of them at once again they haven't had it anything new lately the last one was appear in classic I will kick you all up to date as I know a lot of you buy your stuff from coinbase you should only be buying big coin from there though because the others come on one big point because one big point value your wealth in Bitcoin so shape speaking about all coins and other coins shape-shift was in the news was in The Wall Street Journal article yesterday and a lot of it was fake news trying to create thud around shape-shift that it like launders money I didn't read the whole article but Erik Voorhees has tweeted has written a reply a thorough reply to The Wall Street Journal and I'd link to it below and the guy named uh and this guy Jeet ji has a great Twitter feed I link to it below he says Wow pretty comprehensive take down the Wall Street Journal is reporting the funniest thing is the Wall Street Journal is now refusing to share the transaction idea IDs once shape-shift found some of the specific claims or just wide wildly inaccurate yeah so yeah be careful of mainstream media funding on funding on cryptocurrency you know don't get too carried away with it a lot of people do of course that's just the nature of the beast the these mainstream publications they don't you know they know they don't always have dedicated sources that are really into the crypto space into the Bitcoin space with all that being said Matt Odell had his own take on what Erik Voorhees had to write in response to The Wall Street Journal he thought it was very revealing if there were any deaths that shaped shit shape-shift does it actually care about user privacy or fungibility their response to the recent Wall Street Journal article should put them to rest they don't care they never cared at least they are finally admitting it point blank ouch alright I see in the super tech Jack call-out on his birthday since nut says no shenanigans this birthday just BTC minded plus Adam well thanks Josh for the you know you must be having a great birthday I'm having a great birthday for you here October 2nd is always nice there's like a a baseball playoff game today you're maybe you're in the Midwest I know a lot of people in the Midwest like the Cubs and I think they'll beat the Rockies of course now they're people in Midwest who else would like the Rockies anyway and of course all of us from Baltimore hope that the A's win the game tomorrow that they play in that wretched place that they will have to travel to tomorrow pound that frickin like button if you don't like that team or the other team in the American League East that is in the playoffs because in Baltimore we don't like we don't like those those two teams that will go nameless and we hope the A's you know I don't care about the A's that much but if they can beat that wretched team and then go on to beat the other wretched that would be great no don't waste your time following sports people seriously ah Syria yeah I don't I don't give as much time to baseball it's my one little my one little thing on the side that I do my one little pastime but it's all about statistics and numbers I've said this a million times baseball is the best sport the follow-up was of all those statistics at you I can name the World Series well all the World Series winter since 1956 completely ridiculous focus on big people all right so back to Bitcoin where was I JW weathermen yeah there's a guy who is you know about education not about baseball education is about freaking Bitcoin education so I've lifted him below if you take his course and you mention adam meister meister you get $50 off and that's linked to below he was on with this week and bitcoin show this past friday check out this drop by steve common watch of all my old videos including that one and you know speaking about this weekend bitcoin I've got I've got a treat I'll be we're gonna have to all the fans of this week a big point I'm gonna have a special treat for everyone soon I'm working on a make it easier to watch them all the old ones all right so where do we go here now somebody on Monday in the chat said I put my tresor on my keychain and I can't say who this was either I didn't know who said this I can't say this was because then yeah I put my Tresor on my teaching like it's a car alarm never had a problem at airports you know what dude that's not a bad idea at all you know I mean that the you know that the American airports which is for us Americans that's what we have to worry about the most when we're leaving the country or coming back in the country you're probably you're probably all right with that I mean I wouldn't recommend it but if you are carrying your trees or if you just have one keychain and that's then they're more into other things right now I mean if you made it look really obvious like something they should look at if it's again I thought that was interesting I'm not making any recommendations I'm just I'm just sharing that I thought that was if I had to carry my trays where I'd probably put it on my key chain you know the one time I did carry my trays were yeah that was really bad with happy when they were searching me again if you're a single male you know true or if you're if you're a guy without your family your traveling business your unshaven you already look like you're a freaking you got the dark hair and the dark skin like me oh they're gonna think you're a drug dealer and they're gonna search everything it's that's why I never know that was I learned my lesson they did ask me no that was a long story that's that said just for another show I've talked about that in the past let's get back to this darn show ah where were you know we talked about the trans or on your keychain what else is there here Oh theory on stuff well I'm offended by selling how am I like what a fair bang that Bell but do you need reminders when this frickin show comes on what is this the Omni research has this tweet out September I CEO issuance down 90 percent from January if you're wondering why the etherium prices collapsed and has no bid here is the answer a theory of use case equals global funding currency for icos know the correlation of aetherium price and IC o—- issuance so that is a very interesting correlation now I want everybody clear on this that I'm not saying that aetherium the only future use case is is doing this IC o—- thing I'm sure people are gonna be able to do other productive things with the theorem but right now there was no doubt about it that it was his primary use case was funding these freaking on CEOs and now these I SEOs aren't hot-to-trot anymore like they were in January I guess the etherium price is going down but guess what all these other coins trying to be a theory help they're in a bad state because of etherium is it doing well in this space then what the how the other ones gonna do well aetherium is the next aetherium bitcoin is the next bitcoin that are your wealth in bitcoin how about that and if you're some programmer of the next awesome world why machine then yeah program on a kimono theorem mess around with the theory on but you're not using it as a store of value you're not using it as the rock as big points but that sprays apples and oranges so again I'm a Bitcoin first er I'm a Bitcoin first er but I can admit you know etherium is the next etherium alright so here is a a study of crypto network for us this is a this is an interesting paper I've read it you should read it it's about the about different Forks a crypt of dividends as you were as it as it is as some say um as I say but no it's not it doesn't talk about airdrops this crypt of dividends covers our jobs and covers Forks this is just covering Forks it has been argued then let me quote something from this paper it has been argued that Forks are die utila to the value of a crypto asset as they split the user base or demand-side between the parent and the child resulting in a lower combined network value now Loing looking at bitcoin aetherium z cash and Manero the idea that Forks die vert the demand side of the network from the main chain does not appear the whole true rather than true community splits Forks of these networks appear to have created essentially new communities something also apparent from the behavior of developers child chains today have struggled to attract demands and developer talent from their parent communities we can speculate that the inability of almost any child chained to meaningfully appreciate relative to its parent may result from this difficulty of diverting users and developers from parent networks so you got the real Bitcoin you create some Forks off of it the real Bitcoin stays the real Bitcoin the developer state the fans stay the holder stay now and this is this is true in the other four coins that it mentioned also okay Pete what these Forks have turned out to be or just smaller new communities that are three one-time dividends for the holders of the original coin crypto dividends now the one thing that wasn't mentioned in this now exactly I wanted to I want to give a little insights everyone back in the day of the time of the etherium plastic fork yeah I mean who's gonna of you're gonna you're gonna remember 2016 I was not a fan I was like you know Bitcoin can have no Forks you know again you have to evolve over time and as we got closer to the be cash fork I started understanding that you know what this can't overtake Bitcoin you know I everyone that the community is awful it might it'll form another it'll form an Auckland he's just a unique way of forming a new offline but what this paper did not talk about is how about saw these mediocre you know not top to your all points out here but maybe second-tier all coins that are out there these are going to be a time when there will be and I discussed this a long time ago whether there will be a fork and the new fork will be that coin and the one left behind will be you know it'll be like a 60/40 type of split you know the other one will still be a big coin but the new coin will be the the main version of that parent that the former parent coin so that wasn't explored because so far what we've seen is every time there's been a fork the parent coin the root coin is I put a while ago stays the rock of that ecosystem and everything else keeps forking off of that main rock again alright so here is something a medium post-launch your full Bitcoin plus lightning node today with BTC pay server on top with BTC pacer volkov process is fully automated and takes less than a minute plus whole set-up cost less than $10 a month read more there ok for all you people who in a risk you know this is early day of lightning early days of Lightning Network now if you want to have your lightning know today read that all right there you go I'm not recommending it but people want to know about it there it is check it out George Kovacs at 5 bucks no wisecracks today hot hold Bitcoin low time preference alright but let's have a long term long term thinking let's not care about short-term thinking long term thinking all right so what do we got here but thank you George said Susie I caught him George it's Gregoire it's guy Gorham you know what there used to be some other dude around here that had a G name I know what happened that guy he was like oh maybe some kind of Eastern European I just remembered him he didn't like that I like mentioned other coins and then he's like I'm not watching your channel anymore I remember I was they start with a G was a while ago ha it's funny how things can just flash back into your head sometimes I think so although of all the people would be angry about Tatiana I blow the biggest big points I mean I'm a Bitcoin first er come on dude you know but some people are just very strict about their their Bitcoin maximalist worth of knots you know priest I guess you know you can't if you mentioned the word white coin if you accept like coin as a donation you're a criminal I always pronounced yeah I butcher people's things on here I got the Baltimore accent here too much too much cheering for the Orioles all these years you mentioned my boy shot yeah I've got the Baltimore accent I'm doing down ution so finally ripple this uh who said this well uh well pandas said ripple is great for crypto it's a very simple and effective Twitter IQ test all right I I don't agree I don't think all people involved with Twitter or stupid and and you know there's it's a ripple is for rookies man but that's what that's that's something people supposed to say so summer reply to that CLE with a tweet that I approve them it's a great indicator if you want to find out how much research someone actually did in my opinion many people I know heard about Bitcoin saw the ripple price learned about ripple compare the price to Bitcoin thought it was cheap bought it and then they tweet about how it will reach you know twenty thousand dollars just like big going did alright so yeah again I'm not gonna call all ripple people though I'm few people I a lot of them are impulsive a lot of people want they're going to be the next Bitcoin doesn't everyone but they just haven't they have been around for a while they haven't had the taken a time to do the research and you know they're in the 80 percenter type of 80 percenter type of knowledge you know fancy sets and graphics and uh bikini clad women valuing valuing their wealth in women and again when we're young we all value our wealth in in women heck I used to value about that was that very productive not really spent a lot of time this valium your wealth and big point that's productive that's getting all the 24 Center side of things and if you really you know you got take your time send your first Bitcoin before you buy your first litecoin and if you're patient with this stuff you're not gonna end up some ripple bag holder or some guy some of these guys that have gone crazy on Twitter I mean it's like it's very embarrassing you know some of the things they tweet about how the greatness of Ripple I mean why are you just a fan of the US dollar and banks I mean it's a free country that's free you can be a fan no shame I guess there's no shame in being a fan of the US dollar but you know you're talking and Kryptos and stuff with ripple I mean you might as well just go back to you I get personal responsibility as a new counterculture you'll learn soon enough you ripple heads think they probably already in it anyway I'm adam meister the bitcoinmeister the disrupt meister remember to subscribe this channel like this video share this video check out the notes section below and that's it said well I said comment like fun but vention said Adam won't say and I won't say H ODL I don't like that word I'm like oh I'm like hold grab ahold of that if your value of your wealth and women grab ahold of that
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