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Not a Nigerian Bitcoin Scam! Tim Draper's 30K BTC win should inspire! Democratization of savings?

Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin look at that shirt look at that bitcoin show today is January the 26th 2019 I am back in ball after like 30 hours of flying strong and long-term thinking conviction oh yeah this is all about conviction right here offended by Sally oh where else did I I lost my there's so much I have to say here today that I'm just one Bitcoin equals one Bitcoin ok strong hand so welcome to the show everyone hello my elite friends it is late at night in Baltimore and this time I am in Baltimore but it is still November 26 in a lot of the United States so this is your November to 26 show check out the nut November to 25th so link to below check out this weekend Bitcoin you can see it all at distraught my shirt calms at vol was great but seriously Thanksgiving you're not gonna get a lot of content from a lot of people check out those last two shows it was a lot of fun last three shows check out this show you if you're not in America you're probably wondering why things are slowing down well it's Thanksgiving at BWI Airport it wasn't slow tonight my god so many people picking up people it was wild everyone coming back and yes I had four different flights today four flights and guess what my luggage that was checked in did not arrive with me but they're gonna send it to where I am tomorrow Thank You United in advance it best be coming tomorrow because I woulda pound that like button and get all those Bitcoin shirts out of my suitcase which are which is in Chicago now I guess on its way to BWI in the middle of the night yes okay and yeah it's cold well it's not that cold but it's not Australia I'm miss you Australia and how am i wide awake I don't know how I'm wide awake I really want a good sleep but a new show every day that's what you get here play this at 2x people remember play this it 2x if you got questions put it in the put it in the super track or you can type it bitcoinmeister and I will notice it and there was I wanted to thank Carlos Avalon birthday jr he sent five dollars in the super chat for yesterday's show which I wasn't even around for yesterday's show I was a little plain but the magic of the Internet oh you can upload things and then it goes live so you have a new show every day it was a good one beyond Bitcoin type of stuff I was talking about Pete buddha-heads and then all of a sudden I noticed on Twitter like he's getting ripped on today just as I predicted sort of anyway that's beyond Bitcoin stuff let us get into Bitcoin stuff ok you're tired of hearing me rambling on about being back in Baltimore Ken Bozak just sent $4

20 I haven't seen you for a while can do you want to be on the show on Friday at 2:00 pm this week in Bitcoin will be on Friday at 2:00 pm mostly Ken Bozek I know it's Black Friday you're in America I'm trying to get foreigners on but do you want to be on he he said yes please all right look at that a play I'm in motion this is how you do it in the middle of the show you're getting people on your Friday show so yes Ken will be on the show and we'll have some foreign people from outside the United States also I'm working on specifics but it will be on at 2:00 p

m on Friday very good we'll have someone from the Netherlands Oh Boris Boris will be on okay and people are saying hello who live oh yeah you better believe this is live but even if it's not live from you it's just as good when it's not live I was talking about Bitcoin with some dude on the plane today I'll get to that in a second Alistair Milne has a great tweet that reminds us of the past that you guys should know about 2014 now he says it's 2015 but it was 2014 Allison really says in 2015 everyone was mocking Tim Draper for buying Bitcoin at auction for around $600 the same people are laughing holder's accumulating before the next having I bought more yesterday says Alistair Melanie Alistair I'm so glad you even though you got the year wrong that you reminded me of the great Tim Draper what he did and I guess I remember people mocking him for buying 30,000 Bitcoin at an auction yes they said all you were so foolish that we don't know how much he paid but people assumed it was like around 500 600 and they were laughing at him oh that stupid rich man he's just so he just got lucky he's not lucky anymore he just got thirty thousand Bitcoin for $500 a piece what an idiot people were saying it's dying and you envious people out there wonder how rich people get rich they don't they don't need to fit in they know when do they have long term thinking they don't get freaked out by down markets so yeah the rich people are getting richer now they're accumulating now Allister mill he's pretty rich and he's still buying it now hey but people will complain in the future and I just want to tell the people who weren't around back in 2014 how it was because I mean most people in their right minds are now like whoa that was a really good deal Tim Draper got their 30,000 Bitcoin in the 3-digit Rell oh yeah oh yeah but people were ripping on it people thought he was a fool people thought it was crazy I didn't I thought was great I was trying to figure out how much they paid for each one I just want to know we'll never know unless he admits it all right so guys if you're if you're if you're getting worried about people saying oh how could anyone buy now just you know think think back to them pound that like button museum or mahadev says bitcoin is the Damac democratization of savings before real savings vehicles were only available to the rich real estate and stocks he says are examples of that today you can stack SATs and store your wealth in the scarcest asset the ability to save wealth in Bitcoin will bring millions of people out of debt I have a correction there dude the ability to save wealth in Bitcoin should bring millions of people out of debt I doubt many people that are in debt right now some people are in debt right now will buy Bitcoin but that getting into debt mentality I don't think they'll be the ones that are buying Bitcoin they'll be the ones that are laughing at the Tim Draper's of the world saying how stupid and then being envious of them in the future but the important thing to remember about this whole statement is if a person is in debt now and they did start buying Bitcoin okay it could help them get out of debt it really could it really could it is a say it could teach people about savings just give them the mentality say we're saying I got I gotta get myself out of debt then I gotta buy myself some Bitcoin okay and then they'll be forever out of debt because they know one Bitcoin equals one Bitcoin and you're trying to value your wealth in Bitcoin so I mean right now there's a lot of people in fiat debt which is pretty bad but once they get out of that fiat debt and are above the level and they got some extra Fiat they turn to Bitcoin it's just the opposite world and I have mentioned on this show that regular wealthy people did have access to you know the Facebook IPO before regular people did yeah again so this is something this is just like a Facebook IP or a Google IPO for regular people I've been talking about this for years and years and years so he's getting at a point that I've gotten that before alright thank you Monsieur Matt O'Dell oh right so he tweeted out a chart I really liked a price chart and I don't usually you know I don't like fancy sensor graphics but I do like charts you can learn from so it wasn't really a fancy set it was a graphic how could it be a fancy set imagine being on a set that was just a chart maybe I should do that one day town that like button that would be psychedelic all right and yes I did watch that Brad Pitt and Leonardo DiCaprio movie based in 1969 it was good I'll talk about at the end of the show some people didn't think it was good I thought it was good but okay going back to this chart I saw it on the plane because who you when you're on the plane for like 24 hours I was sitting next to a woman with pink hair at one point oh or blue hair I don't remember now I I fell asleep because I couldn't you know I couldn't stay awake next to something like that so Matt tweeted out a chart and you got I'm tired so I can't really give a great description of what it exactly measure person and I was talking about this on my videos the other day about the percent of the previous all-time high that the price is currently act well this chart charts out the percent of the cycle low okay the the price the current price what percent of the cycle low it currently is and of course that's over a hundred percent it's over on because we've we've already reached a cycle low of whatever three thousand whatever it was so it's it's way above that it's two hundred for two hundred percent or I don't know what it is right now but he compares that percent of the cycle low price across the previous cycles and you can see that we're basically at the same point we were before the preview before the 2016 having okay and the only difference and I pointed this out the other day the only row big difference in the chart was what happened this summer when the price of a Bitcoin was quite a lot more than the cycle low and that didn't happen to two other cycles so check out that chart it is if you need to strengthen your hand I think it will I it's that it's all cyclical type of deal that I talk about a lot and something that that's that the charts also show is that after they having it's always the percent the percentage of the psycho low of the price the percent of us ago it goes up quite a bit all right and it's in he's following the same pattern so you judge for yourself look at the chart below link to below and I point attrex did it I forgot who did it now but man Odell tweeted it out and that's what's linked to below should i erase that one and all right so I'm on the plane and the dude we just got to talking and he asked me what I did I talked about Bitcoin and he'd heard of it and he'd heard of it in 2012 but he got gold and silver instead and he was kind of bitter about the Hat but he really was oh he was a young guy and he was open he was open to learning and you'd heard quite a bit about it and yeah we had a good conversation so I'm always emotion always willing to talk about it and this was on the fourth leg of my journey this was the Chicago to Baltimore flight and so I was I was really tired and there was a lot of turbulence on that flight was it started raining in Chicago but it was a good distraction made the flight go by a lot faster so maybe he's watching get yourself some Bitcoin for you for your third kid that's on the way dude all right it's a good thing to get for your kids that are on the way they'll felt fella they'll thank you in the future something I also wanted to say is just a reminder I'm in Baltimore in an easy way you can tell that I'm in Baltimore is that I always put the location of where I am below every one of my videos and there's just the attention to detail has been lost today by so many people so many people are in a rush they they'll ask me questions that I've already answered in the notes section and they ask me where I am and it's written right I know I say it all the time like if you don't know where I am I always have written down a note section but attention to detail is a lost art today guys don't be impulsive go the attention to detail direction it can help you a lot take your time read everything and tried it together the specifics because most people they are in such a big rush today there is no attention to detail and people who appreciate attention to detail people who are not impulsive it's a and when they see someone else has that attention to detail it's a bonding type of thing that's how you network ok that's how your network haven't attention to detail all right by the way dudes so I didn't check the Bitcoin price right when I left Australia I knew it what it was and then I checked it when I got back here so it's like over 30 hours without the Bitcoin it's fun to do it's fun to do I had no idea if the Ravens won the Monday Night Football game I knew they were on I knew they were on Monday Night Football have no idea if they want and I'm in Baltimore right now Baltimore County but whatever um just you gotta get get away sometimes from but anyway you don't get distractions focus focus baby and I was focused to get home do a show and go to sleep and yes I'm in the middle of a 60 hour fast and still baby I love it in a minute fasting pounding that like button do it right now healthy stuff traveling around the world Thanksgiving back in Baltimore speaking of Baltimore Jim from Philadelphia 1983 world series town that like fun uh Jim says he has got a good tweet that I tweeted out I think even when I was traveling I was able to tweet retweet some things a few times baby because I emotion that's that's why the Jim i retweeted the screen people liked it if you get paid and Fiat and now your wealth in Bitcoin you just got a nice race that is the way to look at it spending Bitcoin said sanguine adoption just reached a new all-time high at sixty five point one five percent but I thought some guy had the secret of segue and was going to hacking oh no that guy's just a fraud but people believe him pound that like bunch so this good news about sacred good sad that some people are frauds but yes sixty five point one five percent sacred according to this which I actually wrote down like I think before I left Australia how many yes and 60-hour fast it is so easy to do a 60-hour fast when you're on four different planes okay when we're like over 20 Ali hours I own a darn play today or in an airport unbelievable and this day just doesn't end it started out in Adelaide by a journey started on on the 26th and as I kept going in the wrong direction in terms of the time zones it staged at 26 26 26 it's still the 26 in Los Angeles in Hawaii in Denver and everything it's been to 26 for 39 hours it was a 26 for me let's get crazy I love it though it's fun it'll be nice to sleep it will be nice to sleep I slept some on the plane but just sleep on a plane it's it's you don't get a good sleep on the plane not not satisfying not satisfy but you you should be hungry I mean who could be hungry with you on a plane I mean really that the stuff looks disgusting so yeah I started fasting on Sunday after my I had a beautiful last meal and a delayed I still can't believe I was just in Adelaide yesterday well according to the time stones but it's it's weird man it's it's weird but yeah I had my food Sunday night I won't have it again until uh yeah I had my food Monday night is Monday night because now it's like I don't know what day it is okay dude I don't know what days I am like it was it was Monday night in Adelaide when I had my food but in in both Baltimore time it was very early Monday morning so yeah so on Wednesday afternoon toward evening Oh it'll be 60 hours pound that like button and I'll go probably go jogging a teeny bit beforehand I don't feel at all man I'm just happy to be home in you know homes were a heart you know I don't really have a home anymore but this is you know my people are here Baltimore you gotta love Baltimore oh man I have you got to the Nigerian story yet people are probably one I hope you're playing this at 2x people Zach Allen said how you got have you got a YouTube community guidelines strike for Bitcoin videos are people tripping no I have never gotten a strike I can believe that some Bitcoin people have gotten strikes if they curse and they talk about things that it's hard to get a strike it's you know if someone completes ed something that offended someone like you can go in a lot of nonsense directions I don't go in nonsense directions and I don't I don't curse and I I haven't heard about you about Bitcoin youtubers getting strikes but I hear about plenty of people talking about political issues getting strikes okay but that's the way I YouTube yeah I deal with it have a great Thanksgiving with your family enjoy thank you Bitcoin to the moon thank you but knows I'd never know I've never offended their Community Guidelines although I am I offended by their community on a certain level but yeah I deal with it oh so here Alice where Melanie says this is he says a new all-time high in smart I can't say the word smart but people were being smart BOTS out there on they they're they're being very snippy snippy replies to pro Bitcoin tweets exceeding levels last seen in the 3000 s last year yeah I you pointed this out before Alistair people are getting the cranky they're getting cranky they're getting cranky like it was December of a lack of 2018 I'm not cranky dude you gotta four we got vibe man this is good vibe out there Bitcoin baby long-term Tim Draper think like Tim Draper think like Jim Draper not like fake Toshi down that like button it's a great for positive guy fake Toshi not so positive no all right we talked about Thanksgiving break controlling the world it sure does even Australians are talking about in this chat Bitcoin magazine Vlad who's be on the show maybe I maybe Vlad will come on the show on Friday I don't know Ken Bozak still a couple the show on Friday but Vlad is a smart guy you a rights for Bitcoin magazine and we reach some just ask about YouTube YouTube D monetization Bitcoin fixes this YouTube denominated a de monetization your is it de monetizing your content Bitcoin fixes this and it's a good article that gives a pretty complicated some complicated ways of getting into lightning Network and earning money through being a YouTube content creator a lot of YouTube content creators that deal with um controversial subjects and then not so controversial ones that like deal with kids are are getting D monetized and because they're really strict now they're like in every video you make you have to say are there kids in this video and the default is no but if you say yes I guess you can get the I don't know I don't have nothing to do with kids and videos this is all about being over 18 here town that like button although Bitcoin or that's the thing about bitcoiners you could be like a 14 year old and figure out how to get Bitcoin that's it Bitcoin can't stop anyone you can be any age you could be 90 like Craig ships father he's over 90 now it could be I mean who knows some fourteen-year-old kid in South Africa that somehow figure it now but someone Vlad wrote a whole article and it's a good article but I someone replied in the tweet in in the tweet tweet thread wouldn't thank you Tony I'll get to you in a second man wouldn't it just be easier to put a Bitcoin wallet address in your description rather than getting your subscribers to download things and make accounts I gotta go with that one for most people it would be easier just to and as what I recommend it for everyone just to list a Bitcoin address in your description it most people can't do complicated things like download things and make accounts but he says Vlad says in terms of speed scalability fees and even financial privacy is better for them to start with lightning services afterwards they can learn much more about how Bitcoin works and how they're supposed to manage their financial sovereignty okay that's your take on it man so Tony traveler just sent $20 in the super chat Thank You Man he says strong hands well I appreciate the support Tony traveler and I'm glad you're a traveler I'm clearly a traveler I will be in Baltimore until until December 12th and then I'll be off to Tucson Arizona look at that you can get shirts like this link to below you know there's gonna be all sorts of different shirts worn hopefully the shirts that are in my suitcase which is in Chicago I'll be wearing them again in the future real soon real soon this I really like to get that suitcase back nothing nothing to like valuable in there but I mean anyway okay yeah it was I was kind of shocked when I'm waiting at the carousel and my luggage didn't show up I only have one bet I got the bag I put in my back with a laptop and some important stuff in it my Tallis a my tefillin and then the the big bag is just I live off out of that big bag I only tried that's all I need that's all I need for more than for like three months of travel I'm good baby I'm a man that's what a man can do he travels light I'd like to get the suitcase back yeah I know it's 20 years old – of course I don't buy a new suitcase but you know the Bitcoin shirts and like my sweatpants and my running shoes are in there actually that would be nice to get back instead of used some broken old pair like the the pair that I wear like every day it'll come tomorrow I got confidence in you United and BWI etc so we're finally getting to the point of the Nigerians here Matt Alburgh who and I have talked about this view before he analyzes the peer-to-peer Bitcoin trading network selling networks whatever you want to call them packs full and what's it caught d I can't think of the other one in did local bitcoins that he he gives analysis of this and he mentioned in it's something I saw before I actually found this article that in sub-saharan Africa again the volume is picking up the volume is larger than it was at the all-time high I think I mentioned this his other shows but but with this he wrote an article and his really interesting article packs full is the most important Bitcoin company you aren't paying attention to so what is happening he said Nigeria remittances growing okay here's a quote from the article because it shows he's got what he's found out is that Nigerians around the world and in Nigeria they figured out a way to kind combine remittances and Bitcoin and gift cards and taking pictures and there they're buying Bitcoin and gift cards and they're sending money home to Nigeria this is good and despite the note the nuria the the Narita is a very inflationary currency and even though bitcoins price has gone down lately they're they're still doing well so what is happening here then what I discovered is that mostly Nigerian immigrants in the USA are purchasing gift cards in the USA taking a picture of the card and receipt and then immediately sending those pictures to their family and friends in Nigeria using what what's up those on the receiving end of the gift card purchases in Nigeria are the ones who then upload the pictures to paxville these Nigerians in Nigeria use the gift cards to trade for Bitcoin and then turn around and completely a second trade which sells the recently acquired Bitcoin for Nigerian currency through a bank transfer the whole process is described in the diagram below apparently it only takes like 20 minutes it sounds pretty darn complicated but they're using paxville and paxville has enabled a lot of people on the fringes apparently to get their help handle Bitcoin do some creative things with Bitcoin but because they makeshift remittances with Bitcoin create every minsters Bitcoin read the article this dis mat albergue dude he's good he's good with the statistics and he's good with talking about something that a lot of people don't talk about and I don't pay attention to packs full at all unless when he talks about it once it's hot and finally well uh well end it with a non Bitcoin note once upon a time in Hollywood was the movie that I watched I try to watch some other movies I fell asleep boring they weren't good don't even remember what they were now but once upon a time in Hollywood it is a good movie if you know about what really happened in 1969 if you know who Sharon Tate was you have to understand him Sharon Tate was and to understand to know what those horrible people did to chair Tate and her friends that horrible day in 1969 but and then and then too you know and did you know you get this a peek into the the Hollywood scene back then Leonid Leonardo DiCaprio Brad Pitt do a good job and there were some beautiful women in in the movie the some of the Matt Manson girls one of the Manson girls was portraying her the woman portraying her the girl portraying her was was beautiful and the real life people weren't too beautiful but Sharon Tate was incredibly beautiful person and the actress portraying her was a very beautiful woman but if you're if you're familiar of LA also you can pick up some sights here and there that you know about but it is a fairy tale remember this is a ferret once upon a time in Hollywood it's not a true story it's based on some true things and it gives glimpses into what was going on in 1969 in Hollywood but there is part of it is unsaddle II it's sad that part of it is is a fairy tale what what happens in the end didn't really happen in real life but it isn't it is a good movie but I think a lot of people don't appreciate it as they don't know the whole history I mean stefan molyneux gave it a horrible review and i took i disagree i really disagree with i think was I thought it was entertaining and as I enjoy seeing how life was back then and I I do there's a certain aura of Los Angeles you know when I'm walking around and I'm curious about what was it like back in the day here in stuff anyway that's it that does things like movie recommendation for free of course if you're on the watch it for free or get it free on the internet somehow or watch it on me when you're on the plane but it was I found that I found entertaining I thought they and I you know say what you will I know a lot those are such mainstream guys Brad Pitt and Leonardo DiCaprio and I don't care about their politics or anything like that they're good actors they they are good actors and it was entertaining and I don't like the blood and gore of Quinn Tarantino's movies I usually watch them at all there wasn't that much blood it was at the end there were some there were some blood and gore but yeah not as uh not as and there was a psychedelic reference in there too there's an Ellis the cigarette so I was talking about psychedelic stuff but don't do that stuff people stay healthy healthy town that like button alright yeah that's it half hour show i'm adam meister the bitcoinmeister time to go to sleep remember subscribe the channel like the video pound that like button bang out that button click on the square right there i will say hi to you guys in the chat bye bye