Hello everyone this is adam meister the bitcoinmeister the disrupt meister
welcome to the one Bitcoin show today is August the 23rd 2018 buy and hold strong
hand long-term thinking I'm confiscate Abul unlike llandaff Africa anyway
remember check out the links below distraught maestro calm gets you all my
old videos Trez or t-shirts all sorts of fun things in the links section remember
tomorrow at 7 p.m. Friday 7 p.m. Eastern time is 4:00 p.m. in Los Angeles and
Spokane and Seattle this weekend Bitcoin Ansel Linder will be on one Galt will be
on and I just arranged I think I mean literally before I got on air a new
guest a third guest he's pretty cool he's a Twitter personality I'll let it
be a surprise just in case it all falls through but I know some of you know who
this dude is he is known in the Twitter or land okay so let's just speaking of
Twitter let's talk about this tweet look and this is from Yasin Ark he says look
at the transaction value not the transaction volume of Bitcoin three to
four point three to four billion dollars worth of Bitcoin has been transacted Ali
in the last year at one point three trillion dollars annually bitcoins
baselayer transactional value is within within an order of magnitude away from
visas the use case for bitcoins base layer as a sediment layer for large
value transit actions is real give lightning networks
some time and then we can argue about through play ok so again a lot of people
are like oh there's you can't do many transactions they're talking about
transaction volume but in terms of the value of the US Dollars and again in
this case we got to do a compare what's going on at visa to witness people like
Oh it'll never or it'll never scale the visa in terms of volume but in the
landing network is going to solve that is what that guy is saying but already
already in terms of value visa has about it's about ten times as much value
transacting on their network as Bitcoin okay and--but so that is a lot of money
of value going across the Bitcoin network for various reasons it's not
breaking it's well on its way to getting to you know when you compare the volume
the amount of transactions on the Bitcoin network to visa yeah it looks
pretty pathetic it looks pathetic but when you're
talking about the value that people are trusting Bitcoin do an incredible amount
with an incredible amount of value 1.3 trillion dollars annually on the Bitcoin
network and that's compared about 10 trillion dollars on the visa Network so
it's it's getting there it's an it's a within an order of magnitude so check
out this guy's tweets he shows a number of graphs it's it's some interesting
stuff and I think that's a really good point to remember there that already so
early on in Bitcoin there is a lot of value on the network getting very close
to some a centralized network like visa which is everybody knows visa everybody
uses visa all right so pound that frickin like
button it's a future is bright because the future is bright all right remember
I post a new show here every single day over a thousand shows or at this
rotmeister calm and on Twitter since probably at Twitter I'm tech ball on
Twitter te CH B alt on between out stuff all day at random times
bitcoinmeister on steamin alright a bloomberg article out there and it just
reminds you why you you want to use bitcoin and not a bank Credit Suisse
Group AG has frozen approximately five billion dollars of assets linked to
Russia because of US sanctions against the country
well they I mean come on Russia let me take personal responsibility yeah now
your assets are frozen you trusted him with a bank nobody's fault but your own
fault nobody's fault but mine did a man an air yeah Led Zeppelin remember that
song but album was asked from no but it was that from Physical Graffiti out of
them anyway it is nobody's fault but Russia's that their money's getting
confiscated their values getting cops Keepers any part of the Bitcoin this is
learn from Russia's mistake learn from Russia's mistake if you one day some
government some entity might try to confiscate your wealth and the bank will
just be like yeah sure it's not really his it's mine I'm the bad so bitcoin is
uncompensated all US government cannot take Bitcoin from any government or
person hey but Russia's learning the hard way okay so what else we have here
Oh Arjun Arjun has been on this show before and he retweeted this company out
that I had not heard of before they're called Lali lol Li I link to
them below everything I talk about in this video is linked to below by the way
and they're in motion man they're hiring people at their company by the way for
all you people that say you can't get a job go contact these Lali people anyway
they've got a unique way of getting Bitcoin into the
of regular people into the hands of more people without people having to buy it
or work for it or - god forbid don't try to try to mine alright but
here is the meat I linked to the medium article below and here's a quote from
the guys at lolli and I got in one of them got in touch with me actually after
I said I was gonna talk about on the show today we realized the solution was
actually quite simple distribute bitcoins through online shopping an
activity that millions of people do every day all you have to do is download
lolly and shop as you normally would our brand partners pay us to drive sales
to their sites when you shop on one of our partner sites we get commissions for
driving the sale we then split that Commission with you sending Bitcoin to
you to your lolly wallet everyone wins we believe a rewards based model can
distribute Bitcoin to an entirely new group of people online shoppers in other
words the majority of the country out of eight out of ten Americans and much of
the world ok I thought I think they've got an interesting thing there it's
basically a shopping rewards program where they're gonna reward you with
Bitcoin for shopping at these partners of theirs so I mean if you already shot
their checks at some of these partners check out their site see if you shop
okay I don't shop for anything but I know a lot of you shop you're using your
Fiat to buy clothes online and maybe one of the partners is with their partner
drop lollies you can shop there and then all of a sudden go get some Bitcoin back
and that would be awesome and then you just keep that Bitcoin okay and you know
volley makes some Fiat on the way and then they turn some of the Fiat who'd
will see how this develops I should get the guy on the show I said I I I would
be interested in I think everyone interested in hearing more about this a
few other people retweeted this and I think the LA League I actually made some
mainstream telecast also so the 80 percenters are gonna find out about this
which is great which is great they're all spending like maniacs maybe they can
earn some Bitcoin when they spent and shop
here is another tweet of this is actually an actual this guy's called
actual advice BTC I just stumbled upon his Twitter account okay and in his
description I don't know if he's trying to be funny I don't know if he's trying
to make himself seem awesome with this line but I found that hilarious and
probably something that people are going to use to lure Ian 80 percenters here is
the line I trade boutique crypto currencies quite a term their boutique
crypto currencies oh it sounds so fancy you're not just a trader you trick you
let me trade the boutique crypto currencies I bet it'll catch on I bet
some other who knows of this guy's a good guy or bad guy I don't really know
the dude i checked out his feet it seemed okay his twitter feed
but they're gonna be people that come about now they're gonna hear this term
they're gonna do better used boutique cryptocurrencies so this will get some
80 percenters to pay me some money to tell them something useless yeah I see
top two you're 80 percenters falling for that one boutique crypto currencies look
out for that one people I know that's not my term that's not crypto dividends
which is now long over the world that's not the Hoffman line which is all over
the world but man booty cryptocurrencies this dude I think it I think it'll be
big I think it'll be big and 80 percenters will fall for it there's only
one boutique crypto there's only one elite crypto currency it's the rock its
Bitcoin bitcoin is the next Bitcoin one big point equals one bitcoin pound
African like button that's another saying that's all over now isn't it
meister Hennessy I've got I be my little speech in Philadelphia was about all my
sayings I just kept on going one big fun he was one big body explained everyone
everyone you know personal responsibilities a new counterculture
speaking of personal responsibility as a new counterculture here is a tweet from
Vinny lingham I'm hearing about and seeing pictures of many CEOs and teens
that are splurging I see owe money on private jets draw
and non-stop partying not coding shipping products or signing customers
in 2000 in the year 2000 VC's forced the venture capitalists forced companies the
cut cost to extend runways but hey who needs VC's ask Benny
so I mean he's implying like yeah we need we need the VCS to control this -
to stop this ICO madness no no I I don't know who actually does need them
the I see yours don't need oh no they don't need dick they're gonna fail on
their own okay they don't need the VC to cut their us red okay
the 80 percenters are paying for the coke and the Jets and the partying of
all these ICO people and it's gonna run out eventually and the 80 percenters
this isn't like a secret Vinnie and many knows is it I mean I don't know why he's
bringing I think he's just you know he'd like to be sees he wants to give another
another some support to the VCS out there that you know you guys are off
you
being in this game it's not a secret that the 90% of AI CEOs are ridiculous I
don't come up with a product most of them are scams and then even the 10% and
you have any of them been really successful it's if they want to give up
their precious Bitcoin for ICO so ICO people can snort coke can get
prostitutes to do whatever they want to do then that's the eight best to 80% is
for a call they should take personal responsibility they will learn the hard
way the money will run out the IC use that
are scams and jokes they'll I mean some of them will have heart attacks from
deep being doing too many drugs but most of them will just run out of money and
the game and it will end and there'll be some other new 80% to 80% or trend in
crypto currencies again Derek 80% are impulsive people are gonna do what
they're gonna do 80 percenters are gonna do what they're gonna do ah we're tough
we're gonna say that big point is the rock bitcoin is the one it's better just
to hold the Bitcoin in the fund I see okay I mean are you again
all you people gotta get it on the latest and greatest ICO do you enjoy
watching other people have pleasure with what is yours I mean you should want to
be satisfied not watch other people be satisfied because you gave up your true
value to them enjoy your value enjoy your Bitcoin don't let a third party
hold it don't give it to it I did I see oh you enjoy you live your life you take
personal responsibility because in the other day when you give it to the I CIO
guy he parties his life away no one's gonna be there to bail you out this is
where the big boys play once you give away your big point is gone okay so
Vinnie no we don't need the I see us don't need me venture capital people
they don't they know they need the 80 percenters which need they leech off of
and they will then go away and they will learn the home and that's the best way
let the free market decide here if people are stupid enough again the I
SEOs and they're stupid enough again hi Sears what can I say the big point
option has been there longer than any of the other options and
cryptocurrencies people just don't want to do the boring thing they just don't
want to do the prude it wouldn't be prudent what no it would be prudent
actually just to hold that Bitcoin all right so
and I go in what September 20th and I'll be here in Spokane until the 6th of
September I'm going to be in Baltimore for the High Holidays from the 6th to
the 20th that found that like button remember to click all the squares at the
end of this show now to show my past videos and tune in tomorrow 7:00 p.m.
Eastern Time that's in New York in Toronto in Washington DC for this
weekend big point on this very channel we do that every Friday here found that
like bon Homme Adam I should be premised to disrupt mice remember to subscribe
Channel eggs as he shows me to check out the news section below buy a little big
coin strong hand see ya
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