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The 1 Bitcoin Show- Libra is not a Facebook IPO, Ripple, Adam Kownacki, Q&A!

Hello everyone this is adam meister the bitcoin meister the disrupt meister welcome to the one bitcoin show today is June the 19th 2019 strong hand I'm confiscating bitcoin is the next bitcoin being a neat Beast Val your wealth in Bitcoin offended by selling personal responsibility is a new counterculture of course this is your home for Bitcoin insider information everyone in the live chat I don't have that many topics and talk about tonight so please ask questions and you have to type in bitcoin meister or i don't see the questions alright remember follow me on twitter at ml tch BLT also this Friday 2:00 pm

Eastern Time and that's 11 am in Los Angeles we have three great guests on to this week in Bitcoin show I'm already excited Bitcoin Tina is going to be on and I haven't read yet who my other guest oh yeah David Bennett and Christian will be on sometimes I get David's name mixed up that's why I had to see it rained out David Bennett and Christian will be on with with Bitcoin Tino 2 pm on Friday East Coast time remember this is the best savings account ever devised by man yes long-term thinking you you Bitcoin holders that that's what it is so today hey when I was at a synagogue in the morning a guy asked me he's like hey did you hear that Facebook is starting their own Queen yeah because he knows that I have something to do with Bitcoin so I said yes I did hear about that I actually made a show about that last night and I and then another guy said was that that's you're into the kryptos yeah so I had a big smile on my face obviously and I and I just thought you know did the people who know nothing about Bitcoin this was a big this was a news story they heard about he said he heard about a little fox news or something and it's opening people's minds to cryptocurrency and making them ask questions they ask me questions today they're very basic but still it's an opening if someone asks you about it today or tomorrow whenever this is this is an opportunity it's a talking opportunity to say yeah the guy asked me if I thought it would do well I said look through all right but you know bitcoin is the real one and you probably can't even get that and my point is that all these days that Bitcoin has been going up in price you know it's tripled in Fiat value you never asked me about that didn't hear about that he heard about Facebook you heard about the day had a coin and so this is waking people up to the insider information that we have I mean most people if they had heard a Bitcoin before they probably a lot at the price that gets dead they had no idea just tripled in value since the winter so this is a time to talk about it with newbies it is it's it's a positive it's a positive opening for us so I've got it again if you've got a questions hundred pick one less your supplement says do you think Libra boost or delays Bitcoin moon plans yeah I don't think it really has that effect doesn't have an effect on it it was all baked into the cake I'd say that before Bitcoin goes really insane that things like this we're going to happen so this is all part of the plan that we we know for a while there big corporate coins corporations making their own coins and big names would get in the cryptocurrency so it's it's part of the plan a I guess it's it's not really that big of a shock that it happened 2019 they're maybe they're rushing to get in before the 20 having it only helps though it does help get us closer busy he's waking up more people to the existence of cryptocurrency that's what I saw today in that anecdotal example that I just shared another question here do you think we can possibly be entering the beast system first of all you got to be a unique beast and not worry about all those rumors about this is the mark of a base this is the mark of the beast I hear all these kids like oh it's clearly the mark of the beast okay great you can believe that what are you doing what are you doing if this is the mark of the beast are you just crying and screaming and dooming or did you buy Bitcoin you're probably crying screaming and dooming if you're screaming about market be stopped now tap now to Val I'm not saying you're doing this but I've seen a lot of posts today when people are ripping on Facebook coin or saying good things about it then you'll just have to merge to say it's the mark of the beast is the mark of the beast and that's not really productive but of course dimmers aren't productive they just like to talk about worst-case scenarios and like hope that they happen so that they can say oh I was right there was a worst-case scenario I'm just as broke as I was before town that like fun but you say do you think we could possibly entering the beast system in which you're buying and selling of goods and services could be stopped with the push of a button well we're already in that system if you opt into it yeah I if that system is easily up yeah if Facebook is making it very easy for all the 80 percenters to opt into that system and the stim what's wrong with that look that's up what's wrong if people want to be part of that system if they want to be if they wanna be monitored and if they can be turned off at the click of a button by a central authority I mean it that's their personal responsibility that's it again we don't have so the Bitcoin why do you need to worry about that if you're in the Bitcoin system then that's not the system you're in so yeah that system is good you could be I mean people are already being deep lat or people already being kicked off a banks and stuff there's centralized authorities that are saying you don't fit in you can't be part of what mainstream normies are in and so I mean if you want to be part of that system you could follow the rules follow the rules it's already out there I don't follow rules I'm the Bitcoin system I'm a big court over then I can just laugh at all the people who worry about oh about that big house can we get turned off though I can't buy the wrong thing I can't post the wrong video I mean if you're big you have to worry about that oh yeah it's out there and more power to Facebook to take advantage of all those 80 percenters and intro and hopefully wake up some of those 80 percenters to the fact that they don't have to be a part of that machine that fitting name is totally overrated and you don't need a mortgage from Bank of America to to be successful you know I mean you know I mean in order to impress many people most people yeah you you need to be in debt to Bank of America and Wells Fargo and have a gigantic house and be at their mercy if you say something wrong they can turn you off and they get Facebook is making it very easy with this centralized point and all these people are gonna be what to be a part of and the thing is you know I I'm talking about in a pretty high up level there that people just old I don't understand that I you know I can't be turned off I don't say anything wrong I don't know do anything maybe you don't have anything to worry about but there's a whole nother level of people who are just like who Facebook is starting our own coin I want to get in on this Facebook's a big corporation there are people out there that just buy ripple because they want to be involved with a coin that says it has something to do with a bank if ripple can be successful if ripple can have all these people blindly but in a centralized currency a centralized digital currency that Braga's main selling point is that it does work with banks and MoneyGram then Facebook is a much better buy than that so they're gonna be all these people that are rivers that have the rip ler mindset they're gonna buy Facebook coin and it's all ridiculous it's I don't know why here in the Bitcoin overlay where we are we were like why would you want to even be part of why we might want to opt in to this well because some people see the ripple has gone up a lot value so they think even though Facebook is a stable coin supposedly or maybe stable maybe it'll go up in value or maybe I'll get some benefit from it that I just don't know yet and then there are some people out there who will be confused enough that they'll be like they're they're making their own coin now and thus this is just like if I wouldn't I mean on the Facebook I think yo that I wasn't allowed to be part of there are gonna be people to think it and that might boost the value of this coin you know it's supposed to be a stable okay okay that's great if people are that confused and think if this is an IPO type of thing it's not it's not but some people will interpret it that way and that's what they're gonna buy it that's why they're gonna want to hold onto it that's why they're gonna want to be a part of it I need a video back in late 2015 when I was in Auckland New Zealand or was it early 2016 was Rea around New Year's where I said buying Bitcoin at $400 is like a Facebook IPO for a regular person you can look up that video disrupt meister calm it is there now the original Facebook IPO back in the day we you have to be a qualified investor in order to get in there's certain rules in order you know in order to get in or like IPOs like they and everybody knew the Facebook IPO was happening and everybody knew the Google IPO was having everybody knew that you if you bought it you would you would you very well but regular people who are not qualified investors could not buy it and we all remember that everybody knew that and I made a video in late 2015 saying that this bitcoin is the equivalent of that it's the equivalent of a Facebook IPO that every single person on the planet earth can be a part and I said that in 20 15 minutes $400 and I said therefore people get 10 to 1010 Bitcoin and I was right I was absolutely right and you know in a sense that that's what bitcoin still is every single person on this planet can get in on this thing like they couldn't get in on the real Facebook IPO it is still an incredible growth opportunity is it as as big as the Facebook IPO so I don't know I I don't make tremendous predictions like all the click Bader's out there okay let's say big big there's gonna be a million dollars in five years I'm not into that okay I'm just valuing I'm trying to get as much big point as possible but if I got it wake some people up and say it's like a Facebook IPO stilt then it's like a Facebook IPO still okay it is it is very it's still insider information the people that again they hear more about this Facebook point leap Libra or whatever its called then they do about think the price of Bitcoin going up they know more about Facebook than they know about Bitcoin so we still have insider information okay so it is in a sense it's like giving ah it's an insight or buying opportunity to get you know Bitcoin and again once you get Bigpoint you get the creek but you get interest on your Bitcoin if you control your own private key that's a little-known fact – you get these air drops and and and in Forks Krypton dividends as they're called so yeah it's it's these people thinking that the people who will foolishly be thinking that buying the Libre coin is like a Facebook IPO when even to this day buying bitcoin is much much more like a Facebook IPO and definitely in 2015 when I was saying it was like a Facebook IPO it was much more so than because again it was only it was only four hundred dollars in that thing now it's a $9,000 there is a difference there but still Val your wealth and bigpoint just try to get as many big we don't worry about the price and there are people out there there are people out there that are cheering on the likes of Maxine Waters who is virtue signaling in the Congress now saying that she wants to question Facebook and give him a hard time I wouldn't everyone who's cheering on Maxine Waters to take a step back and think about what they're really cheering on then if bitcoin doesn't need four competitors for icos for for its centralized coins to be investigated by the likes of busybodies like Maxine Waters by sociopaths like Maxine Waters who like to micromanage every aspect of private individuals lives Bitcoin doesn't need that you don't need that you don't need to be thinking about that if you're cheering her on it's cheering on such a horrific person as that – – because again you should read what she's saying like Oh Facebook has done so much bad we need to they need to take it slow and what they're doing what break that she had to say what a private corporation it does with their with their product right the she say she said stuff about Oh they've uh with their inability to block Russian ah silliness this understands nothing she hasn't gotten her bride yet obviously I understand that or she doesn't realize she's got her bride yet but again if you guys are thinking there's some people out there oh it's so good that the Senate is they're gonna try and delay the Facebook point this is great there's good you know I mean it might be taking some of the flack that it's distracting some people from Bitcoin which is pretty big one doesn't need that big boy doesn't need perfect it's not a pleasant to glorify people like that like Maxine Waters is is not uh it's not ethical I think it's I think it's wrong I really do think is wrong because she's not doing this to help you she's doing it to grandstand okay and take it to gain more power for herself this isn't people individuals out there don't need their grandmommy looking after them okay let mommy government you know worry let them fail on their own just people think it's a freaking IPO let them learn the hard way what it is okay she doesn't have any clue it's first of all found that like button but and if I cos i ce o–'s are turtle scams and people are back let them learn the hard way they don't need the government to come in and regulate everything and and be the mommy and the daddy we're grownups we're freakin even 80 percenters are grownups even though they're 80 percenters and they could learn the hard way so again think long hard if you're cheering on the US Senate and the likes of a Maxine Waters just just take a step back and think about your life if you find yourself cheering her on in this situation because it's again I you don't have to be a big fan of Facebook coin or Libre but you don't decry for government regulation on it either or for the government to to do your dirty work you need to destroy it I mean that that I mentioned this before I mean to creation and not destruction and our bunch of people in this space or look let's kill all the off coins let's destroy this is well I on the other hand I feel like I like people working on Bitcoin creating Bitcoin products creating Bitcoin through dividends creating being also creating more new stuff it's it's not it's it's more its abundance new stuff is abundance which happy in abundance we have people out there who cheer on stunting growth which is all the government is which is all that Maxine Waters is is the stunting of creativity and this space this life that we are given is all about creativity and creation and not destruction but there are so many people who favored the destructive side of things and I just want to throw that out there again I've said it in other ways on the show before but I think long and hard about what what your work what you're supporting when you're cheering on certain entities and when you're talking about destruction and I wish this would go away I wish it you know what things will go away things do disappear you should focus on being productive getting more big points for yourself everything else will work out fine I'm sure bitcoinmeister do you think Libra boost your oh here no that one that Bitcoin Meister is coinbase a reasonable on-ramp for new people how else do you want poor people I think it's reasonable yep I just tell him to go to coin base and get their Bitcoin off of there as soon as possible but then that's the other thing there's a caveat there okay it's a great it's easy way to buy Bitcoin again the government's gonna know they you know Bitcoin okay there you go are there other other ways for new most movies really don't care about that okay they're gonna when they sell it they'll pay their taxes etc etc etc I mean if you don't if you want to it's it's a reasonable long rap now unreasonable on-ramps or for really for more experienced people you do what tone did you go to the back alley with a bunch of cash and you buy Bitcoin from some dude you don't know who could have a gun and you might have to have a gun on you and I mean that that doesn't seem very reasonable but you'll get it anonymously that way but coinbase isn't easy reasonable way to do it and but again the caveat is get it off learn how to move your Bitcoin immediately and how to store it on your tresor immediately and so you're not worked it's it's not reasonable to store your big point of coin base that is not reasonable but you need to buy it there yeah and there are other ways to buy it you know cash app and all these other things that I have never even tried before there but again I mean the government's keep a track of that too so again it's it's reason yeah it's the long answer there sometime Maur bursa has something you and Rush Limbaugh have in common we're both incredibly overweight now ah only people I don't I don't know if he's still overweight is he I don't know only people who understand what they're talking about can talk about it every single day they aren't there aren't any left this don't art talk radio interesting point there marver interesting interesting part point I know Rush Limbaugh used to be a big a big football fan and I used to be a big football fan alright it's nothing we had he come I think he probably still is one Jordan Scott Baker Meister who would you rather have dinner with king of the trolls or Jim Jim oh definitely king of the trolls definitely king of the trolls I I don't want to have I don't want to have dinner with a psychopath I mean again I I could handle king of the trolls I can no we haven't we have dinner he's a healthy guy maybe we talk about health food and stuff I don't know but no I he's a much more normal individual about a most reasonable he's not a he's not a psychopathic liar like like Jim Jones probably is then they really are two different I mean I know people try to compare them as they've been involved with you know be cash one of them and the other one of BS V but there's no comparison at all and I'm no fan working in the trolls either no comparison I'd rather be around king of the trolls and Jim Jones much Jim Jones is just a pathological lawyer it's it's unbelievable that people believe a word he says but big clip terminus is bitcoinmeister they are control freaks I'm sure you're talking about Maxine Waters yes that you must be yes that many of the people in government are that is just a great word I was thinking I'm trying to think of that phrase before they are control freaks so yeah Jordan big boy prepared is Marber and Bigfoot thank you for the questions guys thanks a lot thanks for for being here you guys are awesome all right remember type the bitcoinmeister it doesn't turn colors unless you type in Bitcoin Meister and I can't see it otherwise okay so we talked about the opportunity to talk about Bitcoin two newbies because of what coin puts it out on the table there and I just again I mentioned how again if people want to buy ripple thinking that it's a corporate coin and again I'm not vilifying the word corporation they'll really want to get you know in a real truck a huge court face because a huge corporation much larger than than ripple much larger than some banks so yeah they would logically people who were interested in ripple for that reason will buy a face book but again Libra let them learn let them learn we don't need a we don't need a the the control freaks to be in charge here and say no you can't do that a Bikram Meister I appreciate you being here tonight I sold a painting for litecoin earlier today and all he had on his hot wallet was pretty cool and you know where that that's going alright yeah now your wealth in Bitcoin turned that LTC into some VTC Nick Carter has a good article out there now that we live in a post Libra world it's as good a time as ever to reflect on the trade-offs involved in cryptocurrency design and why bitcoin is the way that it is some of its most puzzling trade-offs explained and to me the the five trade-offs that he talks about in this article they're not puzzling at all to me they're all about long term thinking and long term planning but a lot of people would like to ripple in Bitcoin well why aren't why can there only be 21 million there should be more we should be able there should be a there should be a government that can change the monetary policy again read his article and it combats all that Fudd I'm already I've already got a strong hand against all that fun I mean that's why I got into Bitcoin I get the limited supply come on and then you could do that you could send it anywhere in the world and no one could stop it but a lot of people don't get that and that's why they'll buy a Libra because they just like a lot of people are using it even though Facebook can stop people from using it and it won't be able to be sent to certain countries and they'll be able to make as most of Moe as much of it as they wanted to still abaya I'll opt into it and that's that's what you got and I already had Facebook's so why not they're doing your line for free why not again if Facebook gives away for free and allows you to turn in the Bitcoin turning the big point immediately that that that would be awesome that would be awesome but a lot of people are gonna like start spending it on their uber and they'll get hooked on it then I get turned off by uber one thing we'll see what the we all see the difference between a centralized coin and a decentralized one soon enough it'll be great but again it's waking up a lot of people and you know people are talking about the basket this is supposed to be a stable coin anything you need butI in israel who i will see you soon I'll be there July 11th until like September 25th in Tel Aviv but Rudy brought up a point that it's got a basket of crypto currencies it's gonna be based off of its its stability it will be based off of a basket of currencies whatever that means and it's obviously it's it's not as easy to to hold them accountable you know when it's a it's a basket of currencies like you're not going to know if they have the amount of the amount they say it makes it more complicated they know if it's based on the dollar because then what we have 18 million dollars and you can check it here you can check it here we have 18 million dollars but with a basket you don't even know what the basket of currencies is maybe it changes here and there may be some this big point so it's it's gonna be harder to tell if it's actually backed up by anything but at the same time people already blindly trust Facebook so much with all their private information they'll blindly trust Facebook that yeah one Facebook coin equals exactly what Facebook says it equals and they will blindly trust it and so there won't be any need to hold them accountable I guess for the people who buy into that but they they are definitely complicating matters and that helps them kind of dodge accountability some of you might remember Adam Cal Nike is a a boxer in Brooklyn who's a Polish descent he's got a coming out in August against a guy who used to be the title holder and it's in Brooklyn and I linked to his up Twitter before because he is a huge big point fan and if he wins this fight if he wins this fight he will be on track to fight the the champion of the world his name is Deontay Wilder and that would be a huge if that actually and that will be in 2020 if that had Deontay Wilder will fight Adam coun a key in 2020 around the heavy in fact so by this show again Adam has to win his fight I guess the ante has to win his next fight too and it looks like that would be the biggest marketing matchup they could have so they would have that in 2020 and it would be huge we're talking about mainstream knowledge of Bitcoin right now Adam only has like 11,000 Twitter file their followers and he's a huge he's really a huge heavyweight fighter if he is scheduled to fight Deontay Wilder he'll become like a household name Adam cowl-neck he is like the white George Foreman basically so I read that comparison somewhere and so a fight between white George forming and this chiseled Deontay Wilder dude I mean that would be a huge event for the 80 percentage for everyone and Adam will I hope we'll still be talking Bitcoin and it'll be another way to introduce Bitcoin to the masses right there so there's a topic you're not gonna hear anyway so wish and wish Adam well in his August fight I'm sure we'll give some updates and if if he does get his title shot against tiant day Walker Wilder in in 2020 near the having that would be quite quite awesome quite a quite a fight all right now who's this Scott Marva says dying in your bed years from now will you be willing to trade your fiat for one chance to come back here and tell the globalists that they may take our gold but they'll never take our Bitcoin well I don't like to think about that yeah I don't get that what exactly I don't care about the global don't worry about if you understand that no one can take your that no one can take your Bitcoin you're in good shape I'm not about I'm about living in the present and telling people right now Bitcoin is on confiscate bullying and gold is not and if the government wants to take a bow they could if Peter Schiff came to your house you could just you know ding in your yard and take your goal with you if you wanted so yeah it is it is the truly uncopyable assets that you can take across borders and it is a newfangled savings account all right now we're done with the Bitcoin cryptocurrency aspect of the show someone just said go Raptors okay the Canadians you're still like I heard the people got shot during the parade in Toronto which is reminiscent to what happens in Baltimore when the Ravens won the title was Super Bowl xlvii a few years ago I think someone got killed in Baltimore during the parade I was at the parade actually so yeah Toronto you don't want to go to Baltimore out there at least no one got killed but yes shootings happened but yeah guys yet you hockey fans I'm sure your your big basketball guys now all right don't waste too much time on that it is surreal that the NBA title is in Toronto all right all right always someone had a legendary all 99 said Adam Cal Mackay brisk Chris area or areola August 3rd yeah that's what I was saying he's fighting a former champion Chris areola August 3rd in Brooklyn and then Adam bursts Deonte in 2020 hopefully that's what it looks like yes to be he has to beat Craig he can't he can't overlook that guy Chris he's got it that'll be great for Bitcoin we want him to beat Chris so he can fight DNA what about the end-of-life planning do you have a plan yeah I got a plan how will you pass on your keys I've got people there's there's a lot all sorts of other Bitcoin Meister's out there I'll leave it up that so guy Bennett just sent five bucks thanks to you just a friendly reminder that we are within five years of to having oh yeah leave Libra to the 80 percenters exactly and stick with the unconscious capable king pound that like button guy bennett thank you okay now now we're really done we're really done with the cryptic courtesy asked of the show I want to bring up something and I kind of got wrong on yesterday's show at the end of at the end of yesterday's show you know crypto Corbett you're saying we are north we are the champions it is so funny if you're a hardcore Baltimore Oriole fan like I am we do not like the Blue Jays at all there there was a long history there's a lot I'm not gonna get into it and people shouldn't take those things too seriously but I mean I the SkyDome that's what it used to be called okay I am no fan of the SkyDome I'm not gonna get into any stories and hey I know but yeah it's all game and everything and yeah I do think it's interesting that they they won the NBA title but I'm no fan of Blue Jays III I couldn't believe it you know you go anywhere in town oh they got Blue Jay hats on so I assume like this is Canada's basketball team now I do not you know all those years you know being an American least against the Blue Jays I didn't know that like when they played in Seattle like so many people came down to cheer them from Vancouver and so I did not know that until I was in Vancouver and solve it the things you learn I mean America East has some major Toronto is that's Canada's team then you have Boston in New York which were these tremendous fan bases and then you have Baltimore which and Baltimore is beloved because they we had such a win anyway and people want to hear about this so what I did want to say as I was talking about the yeah that TV show not maverick as my father also like maverick but a Rockford Rockford and the gold Firebird and I said that if if I were to buy a classic Firebird it wouldn't be more than a Tesla and I'm wrong about it so I started looking up with prices of classic Firebirds I was worse than thinking like classic Corvettes and like a Tesla cost like what $80,000 that'll cost quite a lot of money i I don't know they'll go ahead with between sixty and a hundred or sixty and a hundred twenty thousand I don't even know to show you how much investigations I've done into that but you can get a classic Firebird from like 1978 for like $20,000 not that much money now if you wanted the gold Firebird if you wanna be gold Firebird from Rockford like the specific one that one I think they have one like in a museum a few of them I think ones in a museum that would probably cost you more than a Tesla but if you were to get it's a Firebird it's not a Corvette so if you were gonna fire burden had to paint a gold it was from 1978 it would be a lot less than a Tesla so I was wrong about that yesterday you can tell them thinking about that I started investigating it a little bit cuz I really like how that gold Firebird looks I think it's kind of cool I think it would be kind of funny to have one you know once I convinced myself I can buy like one frivolous fee where will that be in 2032 or 2033 okay everybody I've adam meister the bitcoin and if you don't want to talk about with rockford and the gold and the gold Firebird and my father watch the end of yesterday's show I'm Adam I should be composing this rotmeister we had a little bit of a be on big coin show at the end of today this is what Saturday's shows all about pan that like well now that emotional most disrupt meister subscribe his channel like this video share this video pound that like one bang at delpan thanks a lot everyone i'll say hi to you in the chat right now look at that shirt baby