What I've learned after doing 400 livestreams talking about Bitcoin
I will summarize below and you can watch the full clip if you're interested:
1. Success in life is 100% mindset -
Poor people have a poor mindset and will stay poor until they fix their mind
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2. Bitcoin replicates nature in that you receive in value what you put in work
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3. The locations of your signing device and private key are equally important as the device itself
Remove your single point of failure by storing them separately
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4. Buying Bitcoin over lightning makes UTXO management MUCH easier while keeping custody of your Bitcoin
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5. It does not matter how you SPEND your value but only how you STORE your value
Whether you are spending Bitcoin or fiat, you are sending someone else VALUE
Spend your Bitcoin and grow the network
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6. Bitcoin is Unstoppable for many reasons but one stands out - the people using it
If Bitcoin as we know it fails, a similar version would be built and adopted. None of us are going back to the fiat cult
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7. There is no number of sats to strive for. Every person is unique and therefore has a different route.
It all depends on your age, lifestyle, and knowledge level.
Get as much as you can while you can and quit chasing arbitrary numbers because a thumbnail told you to
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8. There is no price of Bitcoin but rather an exchange rate. Every fiat currency is collapsing at a different rate.
Bitcoin is slowly repricing everything and will become the unit of account
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9. There are two key metrics that matter in Bitcoin - total sats (2.1 quadrillion) and number of people who UNDERSTAND Bitcoin the new standard
As that number increases, there are more people competing for the same fixed amount of sats
Your ownership % of the Bitcoin network will NEVER go down as long as you protect your sats, and the value of the sats will rise forever
We have never had an asset like this in human history
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10. We would be totally FUCKED without Bitcoin
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Replies (9)
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THIS. 🔥🔥🔥
4, yes! But not really significant at low fees.
400 Episodes - congrats and that's a very impressive accomplishment (only recently stumbled upon your content - but looking forward to the next 400 Episodes. )🫡
I sometimes wonder where I’d be now in life if number 10 were in fact true, and there were no Satoshi. It’s hard to stay in that thought experiment for too long.
Would be a dark place, we are so lucky.
Number 10 is a big one!
Congrats on the grind! 400 is a big milestone. Kudos to you for putting the work in!
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Excelente vídeo!
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