Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is July the 3rd 2019 strong hand like this shirt says long term thinking one bitcoin equals one pic value your wealth and bitcoin having hype uncompensated oh yeah I'm offended by selling this is your home for Bitcoin insider information yeah no fancy sets or graphics but you get little get little fun things from Australia like this my buddies in Australia sent me all right you've seen that before if you're a veteran of this show ok everyone check out the links below everything that I talk about is linked to below this game is not rigged this show is not rigged insider information I will be in Israel on July the 11th just reminding you guys see you in tel-aviv soon but I'm in Baltimore right now and all my live chatters if you want me to visit your city just say where you are now on the live chat do is shout up do bitcoinmeister I'll say where you are I'll give you a shout out ask questions type in bitcoinmeister is the only way I can see it alright so let's talk about a fun fie fie fie fie fun pop up I know people always complain there are some flood stirs I'd love to say the transaction fees on Bitcoin er are so high and here is a tweet from Kyle Turley compared to the last cycle in 2017 slash 18 in which Bitcoin went from 32 hundred dollars to 11 thousand dollars the average mean fee is down approximately 76% and the average median fee is down about 89% the growth of scaling solutions like seg wit has helped contribute to decrease in fees so all you people who weren't around during the last time that Bitcoin was ramping up in time as a Fiat you Fiat freaks yeah the fees were a lot more now they're not as much and segment has helped so combat that Fudd when people always expensive no it's not seg would has helped compared to last time that we were going through all this uh faux mowing and whatnot now I want to say people are used to that five-digit realm yet better starts get used to it people starts get used to it all right now but yeah George when we first entered that five-digit realm when we first touched it yeah the fees were a lot more all right pound that like button and and ZS Aaron's last I can't see it he's a Lisbon and of course I visited Lisbon back in March and April of 2017 and February of 2017 and I loved Lisbon Lisbon I went to a Bitcoin meetup there lots of people were pumped about it back in 2017 loved that it was totally in English although I mean most of the people they were from Portugal big community out there back in 2017 at least I enjoyed my time in Lisbon boobers guy says Pikesville are you I'm making a reference to the suburb of Baltimore the northwest suburb of Baltimore which I would happen to be in earlier today oh god I'll talk about that in a second now uh but yeah I always get my shout out to my Baltimore suburbs of course Northwest Baltimore suburbs yeah alright so this is from speaking of foreign lands someone says now I need a confirm on this cash payments over three thousand euro to be apology be abolished in the Netherlands that's bullish for Bitcoin they can't stop you from sending your Bitcoin they want to cut down on that uh unmonitored transactions I guess they want you to use your credit card in the Netherlands yeah keep while doing that country's modern countries you wanna ban large cash transactions go ahead make my day it will help Bitcoin but yeah they're saying this guy at least the same above 3000 euro in the netherlands cash payments they won't accept them they're gonna they're not gonna allow uh places to accept them too bad that's good for Bitcoin Zach Bandera sent two dollars he said pound I say that like button pound that like button oh yeah everyone this is a little beyond bitcoins Joe moment for you that's I'm about to give you remember to watch to be on Bitcoin show on Saturday nights if you want to hear about health tips and life hacks and all sorts of opinions that go way beyond Bitcoin you may remember that I said I was gonna start a 86 hour fast on Sunday night and sure enough I did so right about now where am i where where am I like at 66 hour mark or something like that and you can see is it that hard people is it that hard to have a long again the reason you want to go over 72 hours because supposedly say it restarts your immune system yeah we'll see whatever you don't learn it's long term thinking this is long term type of stuff so yeah I'm doing my regular show a new show here everyday even tomorrow on 4th of July so next time you see me my fast will be over probably I'm gonna eat before I do my show but my fast my 86 hour fast will end at 1:24 pm
tomorrow and it's fine I'm actually you go running after it's gonna go run two miles after this because it was too hot to run earlier I did a bunch of things today again you could be in the middle of a huge tremendous and I had my water everything that's fine it's all you need just pointing out to you this is what I look like I've got my hair cut today what about my normal life went to synagogue you can do it to people not that hard and I'm just doing my show like I usually do but I wanted to point that out it's you know we're almost at the holiday here YAG Dan Kay wizard said hey Adam which is worse be cash or bsv bsv is no doubt about it no doubt about it oh my god yeah I mean you just compare the founders there's your answer right there that definitely your answer right there all right and got and thank you for a dollar 99 guy Bennett said bitcoinmeister I would be this I mean the real question is what is worse be cash or ripple and I say ripple anyway and some people disagree with me strong I've had shows about that in the past so guy Bennett said a big home oyster I would be disappointed if you ever paid for a haircut do you cut your own hair no no no no no I do not cut my own hair I only had I only got a free haircut once that was in college and no I I had been going to the same place to get my hair cut since right before my bar mitzva it is Christoph's in Reisterstown Maryland I recommend it highly it is a real barber shop you could talk about manly issues with Chris the barber and I guess the other male barbers there's some female bar barrettes there too so women can come there but it originated it was really hardcore guy at one point and you could still if you go there early you could talk about all sorts there's like Guns & Ammo magazine there I noticed so no I do pay but it is it is a low cost place he he he hasn't changed a price that much over the years I mean he's kept up with inflation I guess it's still when the it's a great haircut from Chris he's dude dude actually today it was funny a woman that was there with her son I assume she may have been a single mother but she's before I got my hair cut she's like oh man I want to see how Chris cuts your hair man you've got like a rockstar haircut are you in a band I said no what people think I'm in a band and you know I tried to you know not have much conversation because again a woman with a appears to have a child on her own it's clear why she's talking through the bitcoinmeister town that was if she knew I was the bitcoinmeister she's really be talking to me no you look the rockstar down that like but if you were to hear more about that supple Saturday nights type of show that's the kind of thing that's talking about Saturday's show anyway and again if she has a husband or whatever she should be talking to her she'd be talking to a man about his hair in front of her child all right so uh yeah so I do go to Chris's a place in Russia's town and get my hair cut I anyone in area should go there in Baltimore area well worth it so and again since since before I was 13 I was talking about and today be Rock cents 99 cents moving on because people don't want to hear about Adams hair but yet people comment about how Donald Trump had a tweet out there oh my god now maybe he's confused this is this is hilarious China and Europe are playing big currency manipulation game and pumping money into their system in order to compete with the USA we should match and he says match in all capitals or continue being the dummies who sit back and politely watch as other countries continue to play their games as they have for many years well are you saying we should like match their money printing like other people were interpreting it that way I'm interpreting it that way also well again if you can if you have power of the Fed to tell them the key you know keep keep it up then I guess you're gonna do that and I guess you're gonna print money do what you're gonna do Donald um for us guys that's a bullish sign for Bitcoin he thinks it's good that China and Europe are printing money and that he wants to keep it up with them like this is a race okay you can do that I mean it sounds like more like an AOC type of thing right there but again I'm in the Bitcoin overlay so I'm just watching that's that's why you need to be in the Bitcoin over like just in case a tweet like that is a serious if he it doesn't seem like you really understands monetary policy very much idiot but again if that's the direction he's gonna go in then you know be my guess my Bitcoin will boost up in Fiat value because of you again we're gonna have any deflation yeah if Donald's gonna do it then Donald's gonna do it if the liberal after him is gonna do it deliberately it's gonna happen but some people are very happy with deflation let them be he seems to be happy with it he wants to compete who's got more money printed I guess no but again if you're a Bitcoin just get your popcorn out of yes pound out like button Alistair Melanie has a tweet about inflation though Bitcoin removes a government's ability to steal from its people via inflation currency devaluation currency devaluation is mind-blowing to me that in 2019 with knowledge of a long history of many currencies being debase so many people are still against it not a shit okay know it to me it's not a shock at all I mean I mean the people are still against Bitcoin it's not easy to use it's why nots it's if you're in the Fiat if you're getting paid by the welfare with dollars you're comfortable with it you're able to buy your big-screen TVs still I mean if you're able to buy your big-screen TV who cares if the currency is being debased well you should care but 80 percenters they're gonna do what they're gonna do the dollar is easy they they can buy big-screen TVs with it it's very they don't notice it they don't they don't know savings they don't understand a savings Allister I mean a lot of people don't get savings it's just spend spend spend dollars very convenient for Spence men spend they don't notice that dispensed been spent is getting them less and less they have to spend more and more to get what they used to get and if that'll print some more than but there's some people there like if their team doesn't if their team prints more then rah-rah-rah for the dollar you know like Oh Donald printed more Donald's dollar so that's awesome or if you're on the other team Bernie printed more dollars that's awesome again let let those people the 80 percenters get caught in that so popper which team is winning we're not we're not on any of those political teams okay in Bitcoin we just watch it and because we know that both teams end up doing the same thing inflating the currency and again us you are the United States dollar is not gonna hyper inflate though that that's for the lowly ones that don't don't worry about I mean even your Bitcoin you don't have to worry about inflation or hyperinflation okay your Bitcoin that's that's a cool thing so there's your answer Allister people don't like Bitcoin because they're perfectly content with their big-screen TVs and the ease of use of the dollar it will become easier at 80 percenters are gonna do what they're gonna do you get a thick not everyone cares about savings purse responsibility is the new counterculture they don't have to cut they don't have to care about savings and the end of the day when they're totally dependent on the government sitting in a hospital rotting away from their diabetes depending on the government to save their lives then maybe they'll understand why it was a good idea to have savings and to to care about not just live for the day all right you know all right let's see what is this here we talked about the fee five we're talking about Donald I wouldn't say oh yeah yeah we talked about that Bitcoin renews governor's ability did and again government's ability Bitcoin removes the government's ability to steal from its people no no no no it doesn't Ramin Bitcoin will be there and governments will still be stealing from their people if you opt in the Bitcoin it you don't have to worry about your government stealing from you anymore okay yeah that's a better way of putting it all right Trump Trump derangement syndrome here I mean I was in synagogue yesterday I was in sin the guy I was also in a difference in the guy earlier today but they were not talking about this it was last night when I was in that the fella actually and I hear these guys these old dudes talking about Trump impeachment like they're so a hundred percent like convinced that it could actually happen and they're so into this Oprah opera and they don't even know how the impeachment process worked they were naive to it they're just like so this is what they do when they go home I guess they watch TV all day and and again they're older I guess they're retired and I got my big point shirt on I'm just I just I wish I wish a fraction of the people who got caught up in the soap opera like the these guys they're a done deal okay they're old senior citizens that's it they're not changing okay they're gonna go to their grave worrying about Donald Trump which is a terrible thing to do really your waste its asset it's that it's said that people get or that the range about Trump about Trump that they're talking about in the back of the synagogue in stock but this is what their life lines have come to it's unfortunate I mean they could be getting you the Bitcoin and passing on wealth to to their grandkids and stuff but I I just by eight Bupa besides these dues they're younger people that are just like these old men which is really pathetic they're so into the PO soap-opera they're following it so closely they're talking about it in social situations even at their religious institutions I mean what a waste of life and this sounds like a Saturday show here again if only a fraction of people that had Trump's Arrangements injury which if she's like you know what this is all one big soap opera this political stuff let me try to better what's what's this about money and savings a Bitcoin I mean again I knocked it out of all that's I used to know a lot more about politics I mean I wasn't just this is it is this every year gets worse and worse you know in my college days and stuff if people weren't that mainstream society wasn't that obsessed with elections it's just it's it's called parabolic it's exponential growth in terms of 80 percenters becoming obsessed with politics and it is just when I hear dudes like that talking about it I just think if only a smart and you know what a small percentage of the people will wake up and you know like you know why do I care about this I got a better my own life these guys don't control any aspect of my life I control my own life let me get into this Bitcoin thing and be wealthy and you know if I still care about politics I can build a statue do my favorite politician with all my wealth that I've acquired through savings all right so uh Forbes Forbes has an impulsive clickbait title that I meant to mention yesterday but we ran out of tact we used to we ran out of time yesterday because everybody has some great people were flying questions were flying out of the chat no not that many questions today but someone said thanks for the shows Adam yes thank you Charlton I'm glad you appreciate them and they'll be one tomorrow on July 4th because most Americans won't be doing Bitcoin shows tomorrow they'll be getting drunk and blowing up stuff and man I can tell you some fourth of July stories from my day on my roof in Baltimore oh my oh my oh I did not value my wealth in Bitcoin back then I was valuated not anyway so let's continue someone knocked over my chimney one fourth of July thank God no one ever fell off of my roof thank God that was that was that long-term thinking on my part having people my roof drinking you know if someone would have fallen out they would have didn't very bad so and I had a the one person who warned me was a friend of mine who was a lawyer Oh who is a lawyer so he and he's a real smart guy I was uh back then you know I was not not thinking straight so Forbes had is impulsive clickbait title big Bitcoin bubble burst as a theory on ripple and litecoin prices crash I mean so this is just from the other day sometimes it just July the second he's he's already ready Bitcoin bubble has burst dudes how long are you guys Rockies or what just because the price went from 14,000 below 10,000 doesn't mean the bubble that it was a bubble or it burst or that it's you know gonna stay below welcome to the five the five digit realm okay gang kids be patient okay you don't know right panic I mean again you're its clickbait articles using the terms that people are going to click on trying to scare people it was just a bubble I mean during the show what's going on during this show right now I mean it's like it's $12,000 again and uh just it's ridiculous clickbait but again Forbes for busy they've got a history of this all the mainstream guys and they have no grasp of this they're so impatient be I can't date they haven't heard to Adam Meister famous same EE days it goes down by 3000 OB days it goes up by 3,000 I mean it does it and then then the next day it'll go up by a thousand again it's volatile dudes its volatile alright again check out this rap maestro calm if you like these type of shows I have over 1300 in my archives you can learn a lot and again this Friday 11:00 am is this week in Bitcoin I forgot to say that the beginning but Friday 11:00 am is this week in Bitcoin tomorrow is fourth of July Thursday hopefully I'll have another afternoon show this one is relatively early also it's just 7:30 here in Baltimore 7:30 p
m Juan Gault who will be on the show on at 11:00 am on Friday he'll be one of the guests this weekend Bitcoin you all love got he had an interview I I link to it below a tweet of a new hardware wallet well they they haven't actually produced their hardware wallet so someone's gonna ask me what do you think of the engrave wallet I don't know they seem somewhat legit he thought they were legit but they haven't made their wallet yet and it could be a little while so he hear his takeaways from my interview with engrave adding usually a randomness to master seeds diversification for chip manufacturers that produced ledger and treasured multi-sig and Shamir backup strategies OSS first closed source security okay so if your again it doesn't exist yet though so that's that's a big elephant in the room right there but hey the more the merrier is compete don't complain it'd be great if there's another hardware wallet a producer so why God interviewed these guys I'll guess I'll ask him more about it when he's on the show so just in case you guys hear about this new this new thing element freedive says a bitcoinmeister will there be seven digit Bitcoin within our lifetimes hey yeah I don't make predictions like that I mean I'd be really happy with six to be in the six digit realm I take one realm at a time so I'm looking forward to six digit realm and we will see after that uh if we can get to the seven digit realm that that would be great God willing one Bitcoin be worth a million dollars guy but I I don't like to say thing I I find that to be clickbait so I never they're still I mean that that's one of the classic things about Bitcoin social media how many people when things start to get rolling again start talking about $1,000,000 Bitcoin soon and then that person is an expert immediately immediately they're like a long time for grad program prognosticator and the guys just made one prediction in his life one I mean again I gotta get my nephew just say one built one million dollar Bitcoin and he'll be famous he'll be able to have a you know a Twitter feed and so show people be courting him all of a sudden little bitcoinmeister will be getting that well i did adam meister won't be the bitcoin meister anymore my little nephew says 1 million dollars I mean it everyone will know him not me that's how it works the clickbait works all right I mean that's out for 80 percenters they what they just want to hear they want to hear it so badly that they take it they would love of the 5 year old little kid that said it all right at what point should I get a second trailer to split my stash right a dude I said or if you have to Bitcoin if you have to but why not why not they're reasons it's really nice to have a second storage device I mean again I would say and they're so cheap compared to the cost if you have to Bitcoin that's right now is $24,000 worth of uh asset why not pay an extra $100 to take that dad it's just to split it down for for now okay so yeah I I said a long time ago that well yeah when you get over one Bitcoin why not get a second one and and and you know we're not gonna get into this in this show but there's a lot there's crypto dividend reasons to do it too if you're going back and forth if you want to get your private key all this there are reasons to have to tab to storage devices so yeah that's my uh that's my opinion I have more than two storage devices obviously and uh you have remember crypto dividends you hold your Bitcoin at you control your private key you get that you get these Forks you get these air drops MWC registration ends on July 19th actually and then you turn in the Bitcoin was you value out there because you get interest on your Bitcoin that's insider information so few people talk about that no more people talk about $1,000,000 Bitcoin or $1000 Bitcoin coming soon then they do like saying just hold dude don't try to tie the market just hold and you get these cryptic dividends for free that you turn in the Bitcoin there's your insider information but hey people want to see fancy stuff in graphics town that like button but here you don't get that you just get insider I'd rather get insider information that fancy Setzer graphics but it personal responsibilities new counterculture you make the choice oh yeah here I had notes on this piece of paper so I came up with this idea was it when I was on the plane yeah I think was on the plane as I wrote her on the back of this plane ticket as the government that all these local governments that are getting uh hacked and they have to give Bitcoin in order to free their computers and Baltimore never did it but you know all these these local governments they hire so many useless people for $60,000 a year forty thousand dollars a year eighty thousand dollars a year what the IT departments and all these big cities should do because managers also they always trying to add more people just for the heck of it because I think it boosts their salary the incentive structure is horrible in these in these cities okay just like oh if I hire more people I get my get a raise and educate why don't you hire a virtual person work this into your government okay this is what governments should pretend they should pretend it like this I am going to hire this virtual person named Bitcoin and I'm going to pay him sixty thousand dollars a year but I only have to do it once so I hire mr Bitcoin for sixty thousand dollars and I put the Bitcoin away and if we ever get hacked then mr
Bitcoin gives up his entire salary to them you see what I you see where I'm going at here you see if they're really pay somebody sixty thousand dollars a year every single year they just buy Bitcoin once it's been 60 thousand dollars a Bitcoin right now what's that going to get you well it's gonna get you exactly five Bitcoin right now and you just let it sit there it's your insurance policy if something comes around around then you use then then you use it to to pay off the the person in Russia or wherever that's broken into your system you really should have a competent IT team but most cities don't because they just hire their brothers or their brothers friend or whatever the IT workers aren't even they just sit there all day do nothing so I mean this is an example and and then you can just pretend that mr Bitcoin is an employee and you can get your managerial bonus or whatever you get and there you go that's that's how you could work it into your budget because already you're hiring useless people so just hire a medical non-existent useful this purse is actually more useful this person who's not real name bitcoin is more useful than your real people that are working for you because if it ever comes to be that someone breaks into your system you send the Bitcoin to the person re to the person who is demanding it and I think yeah I think six or five Bitcoin right now that that'll be enough in the future to pay these dudes off but I mean again the Florida cities it's happening to I mean it's gonna keep you're gonna hear these stories more and more about a government systems being broken into and the people breaking into them demanding payments in Bitcoin guy Bennett says can we at least agree to dollar cost average mr Bitcoin salary they've got that skill to do that they should just do it all at once it's I mean they could do it in monthly payments or but you know every two weeks like they were really paying a guy salary I guess okay but I think they should just get it out of the ways so they don't like stop in the middle of it okay am a toadette know Nick Carter says have you witnessed your friends in the financial sector losing their minds trying to predict what the Fed will do next those miss allocated resources are the cost of our monetary regime not explicit you won't see a Fed uncertainty cost in text but still very real and you know Mick's got a point people who are in traditional finance more financial markets they have to worry about every single little move the Fed does they have to make the predictions about it it affects their stocks their bonds their gold their this their that the other and in Bitcoin we don't need to worry about that we don't at all that is the awesome thing about the Bitcoin overlay the government's are going to do what they're gonna do bitcoin is they can't do anything the Bitcoin the Fed the Fed making moves yeah some of them will convince more people to buy bitcoin so Bitcoin will go up but it's it's not a concern for a bitcoin holder it is it is not at all for a bitcoin holder at least I should stress that big holder's do not have to worry about what the Fed does if you again maybe if you're a trader and stuff if you're a Bitcoin trader then yeah you actually do have to worry about that what the Fed does because it just Britain it's a Fed does something totally randomly uh and just decides to go crazy on the print the money printing suddenly your position saying oh bitcoin is gonna go a thousand or bitcoin is gonna go to eight thousand will get totally wrecked because of your chart can't predict what individual actors are going to do so that's I mean that's another reason why I think Bitcoin trading or trading anything is totally insane holding Bitcoin if you're a strong hand bitcoin holder it doesn't matter what the Fed does at all it doesn't matter what the Fed does at all so yeah and I mean that it's you know if you're gonna be a trade a traditional finance guy you got a deal with the you know that's just that's just the way it is I was gonna say I feel bad for them I don't they'll be after this person response Lee is a new counterculture they got into it they know what it is I feel happy for me that I don't have to worry about that nonsense and be rocks said is it okay to use one Satoshi per bite for transaction fees if time is not a factor uh look I don't know I don't I that that would be the cheapest IIIi don't go that low I don't go that low I don't know that just don't do it like I don't want to say something that's gonna get somebody's thing stuck now I don't want to say that so I don't have the chart in front of me right now but it you don't have to go before your wallet recommend so you can go lower but I that is that's the possible that's the cheapest and I'm scared of stuff like that I did get the super cheapest if you I mean boogers guy said if you wait long enough one Satoshi once the Toshi will be expensive very interesting well yeah you're gonna be a in the future we will be able to go beyond that uh oh yeah you know what yeah I know you're saying I just got there one second yeah you're right if you do rate I just I did something backwards in my head there if you if you wait long enough indeed in terms of Fiat what Satoshi what will be expensive but we're not we're not there yet we're definitely not there yet so and at that point everyone who needs to make quick cheap transactions will be using the Lightning Network which will be less than less than a Satoshi at that point in theory all right I was moving around as a move around BTC for the MWC airdrop that's why I asked well I mean we're getting to a point where time is gonna be a concern with that because I mean haven't you get stuck for two weeks of you that would that won't be too fun all right so Matt Odell here's something bullish for Matt Odell and I think maybe I noticed this also the etherium scam bots are back with a Twitter tactic they post an edited screenshot with the scam link embedded stay safe out there nobody is giving is going to give you free money yes no one on Twitter is giving away really free etherium do not fall for that it is back but the fact that it's back means is bullish because that was those those scams pop up during a bull markets I haven't seen one of them for a while and the other they're coming out again like a plague so beware people know there's no no one's giving away free aetherium on Twitter or other social media platforms finally finally this was very interesting this is from Gigi who was on the show recently I think was last week he was on this week in Bitcoin check out tech ball comm follow me on Twitter at Tech vault-tec HB alt IC wallet is a Bitcoin cold storage wallet that doesn't require site just plug in headphones and a keyboard or a refreshable Braille display and get going and so I have wondered and I saw a tweet about this a long time ago about the blind using Bitcoin and here is a solution to that and I actually know someone who is blind and I may be talking to him tonight on the phone I'm who owns Bitcoin so I think he's a very interesting person to hear it to know if he's even heard of this and you know that the trials and tribulations he's gone through trying to hold Bitcoin when you can't see when you're blind so this is a solution I see wallet and I was I was glad to hear that so I will leave you with that note that very positive a note i'm adam meister the bitcoinmeister the disrupt meister remember to subscribe his channel like this video share this video check out the links below pound that like button bang that bal button you can get shirts like this link to below click on those squares to see my old shows i'll say hi to everyone in the chat bye bye
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