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If you're watching this video, you're going to learn three big things.

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Number one, why your bank account can lose money from inflation and fees.

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Number two, the difference between Bitcoin and crypto,

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and why Bitcoin is more like the internet than a gamble.

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And number three, the beginner basics of taxes.

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What gets taxed and what doesn't when you talk about Bitcoin?

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Ooh, today's guest is Sam.

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He is our young editor here at Sat Chats.

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He came in skeptical.

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The man is stacking sats now.

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Legend.

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So if you're brand new to Bitcoin, come on inside the world's biggest Bitcoin welcome

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center for today's show.

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Welcome to Sat Chats, the Bitcoin podcast where we chat about sats.

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Sats are the smallest part of Bitcoin the same way pennies are the smallest part of

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a dollar.

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With Sat Chats, we are building the world's biggest Bitcoin welcome center to serve as your gateway to generational wealth.

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So, if you are brand new to Bitcoin, we want to chat about sats with you.

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Head to satchats.com to grab your slot in the studio today.

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I'm your host, Stuart.

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And I'm your co-host, Anna Bevan.

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And with us today in the studio is a very special guest, our editor, Sam.

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Also, we've called him Baby Reg.

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But today he is 180 Sam.

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Number 180 Sam.

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Yeah.

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You made it, man.

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Finally made it.

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Yeah, absolutely.

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This is the man who edits our Monday, Tuesday, Wednesday podcast flagship Sat Chat thing.

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Absolutely, yeah.

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Hard worker.

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Hard worker.

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So the big question here, you probably did not have any interest in Bitcoin before you started working on the show, correct?

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No.

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Okay.

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So the question there is, why weren't you interested in Bitcoin?

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Well, one thing I didn't really understand it.

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I'm 20 years old.

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So when I heard a Bitcoin, it was, I would say it was 2015.

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I was like 10 years old where there was an ad.

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I remember hearing about Bitcoin around that time.

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And I was like, interesting.

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There was an ad on TV?

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Yeah.

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I don't remember what it was either.

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It was a coin base ad that feels like it would be.

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I think so.

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either it was on YouTube maybe

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I don't really remember

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but I was like interesting

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it piqued my interest but I was like

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but it's money that you can't hold

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I was like

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so I just kept going on

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but I never heard about Bitcoin until

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now I started editing

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for it oh

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I heard about crypto and I was just like

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my

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cousin he did

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crypto for a bit

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and he forgot to pull out in time.

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And it went negative.

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So that's where I was like,

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ooh, it can go up and then go down.

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It's just like,

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but I thought that was Bitcoin as well.

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They didn't know that it was too distinctive.

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And then once I started watching your channel,

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I heard it was Stuart that was saying that

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crypto is kryptonite and then Bitcoin is Bitcoin.

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Bitcoin is staying the same.

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Like, it's not going to change, but crypto is kryptonite.

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I'm like, oh, that's very interesting.

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So I was like, that really got me into it a little bit more.

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Good.

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Yeah, I mean, do you think part of the reason why someone like you wasn't interested in Bitcoin is because, like, you're just too young to care about, like, this kind of stuff?

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I mean, unless you're like really experiencing a problem that Bitcoin solves, like why would you even get curious in it?

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So I feel like I got curious because money, like if you put your money in a savings account, it doesn't go up.

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It just stays.

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And something that I realized with my bank is that after like three months, they take out money because of a fee.

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I'm just like whoa like I have like three grand and you take a hundred dollars I was like whoa

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and you only give me a penny back and I was like that that's very for me I was like that's how's

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that working so I started like that's when I was 17 and when I was working for my own money and I'm

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just like how's this how's this fair you know I want my money to start growing with me and so I'm

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just looking at a different approaches so when i saw first i went to stocks i only have like 15

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in stocks got it to 30 hey you doubled your money dude 30 but uh but it was like uh like yeah i have

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to invest way more like triple what i have to put into stocks just to get an outcome that i wanted

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to but I'm just like where's

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other ways and then like again

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once I started watching your channel

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about Bitcoin it just makes me go

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into okay it can grow it's gonna

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stay but it can grow

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eventually in time it's not

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for right now and that's what I'm looking

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for something that doesn't grow in

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quickly but in the long run it's gonna

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benefit me and my future

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kids or anything like that that's awesome

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that's what yeah yeah that's a really

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mature approach to even take

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at 20 at 20

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Yeah, I mean, because I remember when I started making money, I got so upset at how much the government was taking out of my paycheck.

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And I think that was when money became like something that I would even entertain a thought about.

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I mean, it wasn't nearly—I mean, I thought the dollar was money.

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Like, I thought that was like the end-all be-all.

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um and so did you was it that transition to making your own money that really started

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you down the road of like how do I make this thing last how do I build this um did you even

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like care about storing your value like what sort of like what was your train of thought when that

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transition happened so the transition of that it was it's much very difficult when you see your

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money depleting depleting on like inflation is going up and you're like whoa gas is this much

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like i remember i didn't have to pay for gas and it was so amazing and now i started paying for gas

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and i was like oh i used to drive a truck and every two days it was like 50 dollars a gas

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so in a week truck like what kind of truck uh it was a 2008 dakota and i would drive it far like

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from here to Raleigh.

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No, from here to like maybe Fayetteville.

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So almost an hour drive.

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Yeah.

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So like, and it was because of school, basically.

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Oh, and you're saying you had to pay like $50 every two days?

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That's crazy.

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That is way too much.

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And so I'm just like, how can I have money?

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Like, especially having in savings to grow.

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Because I would take out of my savings because I'm like,

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so my check-in account's very low.

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limit take out of savings and then i kept doing that and then i started seeing my savings account

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going lower and lower because inflation is going higher there's a problem i need my money to

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either work in the same way or surpass me because i if i keep putting in my savings account it's

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going to keep depleting because of inflation fees and all this other stuff and i'm like i need to

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find an attorney so that's why i went to look into stocks and then when i looked into stocks i

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saw just so many stuff i'm just like i don't really trust it and if and like people were trying

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to explain it to me i'm just like i it's so much like variables that can crash it and i'm just like

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oh i i don't like that me neither me neither i mean like i like i know guys who will spend all

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of their free time absorbing as much information as humanly possible about the NFL to like make

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their fantasy football league the best it can possibly be. And that's got solid real world

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implications. You know, I've got, I know people who will go deeper and deeper into the stock market

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to try to make the most educated purchase they can make. I mean, when you go to the stock market,

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It's almost like the world of cryptocurrency where there's like 35,000 random coins out there.

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Which one's going to go up, you know, or 35,000 individual company stocks.

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And you're like, well, I mean, I haven't even heard of this random company here that the Motley Fool or Jim Cramer is like telling me is going to be.

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It's like, dude, I think, and of course, my good buddy Nate does the same thing for our Magic the Gathering card collecting and playing.

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There's a new set that comes out every month or two, and he knows every single card.

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And I'm like, personally, I don't have time to absorb that much information about that thing.

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And it's just not my interest level.

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Like, I just want one thing that I can attach to and do consistently over time and have it work out for me.

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You know, do you feel like that resonates with you?

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Oh, absolutely.

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There was also another story.

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My friend, he was trying to invest.

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I think it was 16, 17, 18.

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We were 18 at the time.

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And he found a guy that he was like, oh, we can grow your stocks.

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and so many.

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I told him no.

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I was like,

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we don't know the guy.

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We don't know who he is.

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And basically,

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I was like,

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it's a gamble.

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I was like,

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if you want to gamble,

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let's go to the casino

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and do it.

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But he was like,

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no,

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this is a good investment.

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So he went with the guy

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and comes to find out

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it was a scam.

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Took his money.

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And so I'm just like,

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that's the thing.

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You have to rely on somebody else

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to know what they're saying.

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What variables are there?

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That's why I'm just like, I can't trust a person that I have to rely solely on them for variables that is unpredictable sometimes.

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And that's why I'm just like, like Bitcoin, I see that it's standard.

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Like it's going into it.

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And I see that many stores are accepting Bitcoin.

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There's a wave and I can't be left behind.

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Yeah.

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Can't be left behind.

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Yeah.

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I was thinking about this this morning, Sam. I was like, people would never tell me that the internet was going to crash tomorrow.

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Like nobody would say, hey, I don't think the internet is based on anything, right?

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The internet is a system of rules that computers follow in order to communicate with one another, right?

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It's a protocol.

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It doesn't matter whether you believe in the internet or don't believe in the internet.

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The internet works.

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Because I was thinking, I was like, dude, so many people have told me that they don't think Bitcoin is real.

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they don't think it's backed by anything and i'm like this isn't a stock it's not a cryptocurrency

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in today's world where cryptocurrencies are just coins people make up like this is like

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this is a factual thing the internet is a thing bluetooth is a thing email is a thing like nobody's

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like hey man i just really don't trust email i just really don't trust email i hope it gets there

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What are you talking about? You really don't trust me? Like, I don't know, dude, email could go to zero tomorrow. No, it can't. It's, it's a thing. It's a protocol. Like I've been really struggling with that recently where I'm like, this, it's not an emotional thing. You know, it's not like a, I guess I'll wait. It's like, it literally is a system of rules that computers follow in order to achieve a certain outcome.

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You know, the internet allows computers to connect.

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Bluetooth allows computers to connect over the airwaves, right?

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Email is not the same as the internet That was interesting for me as well Email is a separate network from the internet And they all have their own networks there Anyways I like guys Really it is

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Yeah, yeah.

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Email doesn't go through the internet.

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The internet is a protocol.

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Email is a protocol.

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Now, maybe they use, maybe it does go across the internet.

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It's more like web traffic is one form of, you know,

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and then email traffic is another.

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I'm not sure.

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But the internet, you know,

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that connectivity is a protocol.

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Email is a protocol.

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Bluetooth is a protocol.

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Bitcoin, same thing, dude.

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And to your point, because you use the word standard,

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there's something standard about it that we can rely on.

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But I'm wondering, too, do you feel like the system is unfair, right?

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So when I think about someone like you having to work hard to make money, to continue to stay alive and make money, right?

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And we're all in that space, but you're just getting started with that.

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You know what I mean?

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And you're thinking like, hey, I got $3,000 in a bank account and they're going to charge you $100 to take care of that for you.

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you might as well put it in cash underneath your mattress at that point because you wouldn't lose

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a hundred dollars. They're only going to give you three dollars maybe max, you know, in interest for

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that while they're making a bunch more. You know, all the time that we're spending trying to make

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money, there's like this unfair system that's like eroding it away from us, either through fees and

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taxes or inflating it so it doesn't even buy as much anymore like do you at your young age

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sense that things are not fair yeah like it's like it's i see inflation i see inflation it's

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just like going up every year and there's no way to stop it so i'm just okay i go out with family

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I go by myself just to get a regular meal.

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It's like 18 bucks.

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I'm just like, okay, what happened here?

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And then I go to Walmart or any store to get like a bunch of food just for five items.

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It's now a hundred bucks.

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And I was like, okay, like how is this fair when back in the day, like my grandparents,

236
00:15:37,722 --> 00:15:41,682
they can buy the stuff that I need 10 times more.

237
00:15:41,682 --> 00:15:48,822
I'm just like, how is this fair for, especially for people our age, like getting into it?

238
00:15:49,142 --> 00:15:54,222
And especially like I see my little brother, he wants to spend this amount of money, this amount of money.

239
00:15:54,322 --> 00:16:00,362
And he's like, but I work hard for this just to get just a portion of what I want.

240
00:16:00,442 --> 00:16:01,902
Like, how is that fair?

241
00:16:02,002 --> 00:16:05,282
And that's what I see with younger generations as well.

242
00:16:05,342 --> 00:16:08,622
It's just like, they're going to suffer a little bit more than us.

243
00:16:08,622 --> 00:16:14,962
we're still okay but how's it going to be with their inflation yeah and it's just like a bottle

244
00:16:14,962 --> 00:16:21,142
of water may cost like ten dollars right now it's like two dollars in the gas station maybe three

245
00:16:21,142 --> 00:16:27,522
and it's just like are they prepared can we transition into that bitcoin standard

246
00:16:27,522 --> 00:16:32,502
um so my kids or their kids won't suffer as much

247
00:16:32,502 --> 00:16:39,542
I do think that a bottle of water will be $10 like pretty soon, actually.

248
00:16:40,282 --> 00:16:47,182
Yeah. I mean, if it was a nickel when my uncle was a kid and like if a bottle of Coke was like a,

249
00:16:47,542 --> 00:16:51,862
it was a dime, but you got five cents back when you turned the glass bottle back in.

250
00:16:51,962 --> 00:16:52,362
So it's five cents.

251
00:16:52,362 --> 00:16:53,262
So nice. Yeah.

252
00:16:53,922 --> 00:16:56,702
You know, just people probably would have been, if you're like, hey, guess what?

253
00:16:56,882 --> 00:17:00,682
You know, in 50 years, it's going to be $5 for this.

254
00:17:00,682 --> 00:17:01,922
They would be like, are you insane?

255
00:17:02,502 --> 00:17:02,662
Why?

256
00:17:03,182 --> 00:17:06,582
It's totally going to be $10, you know, $20.

257
00:17:07,262 --> 00:17:12,422
It is like $18 to get a burger and fry for just me these days.

258
00:17:12,682 --> 00:17:13,962
Like, what is happening here?

259
00:17:13,962 --> 00:17:17,422
I mean, we went to Five Guys on Friday,

260
00:17:17,622 --> 00:17:21,622
and it was like $28.

261
00:17:22,542 --> 00:17:24,282
And I think we both got water.

262
00:17:24,882 --> 00:17:28,182
We did get water, and we split a fry.

263
00:17:28,182 --> 00:17:30,782
Yeah, and I didn't even get the real burger that has two patties.

264
00:17:30,862 --> 00:17:31,682
I got the small one.

265
00:17:32,142 --> 00:17:32,542
Yeah, I know.

266
00:17:32,542 --> 00:17:32,902
Yeah, yeah.

267
00:17:32,962 --> 00:17:34,882
So I got the one patty.

268
00:17:35,142 --> 00:17:35,342
Yeah.

269
00:17:35,722 --> 00:17:37,122
And you got a one patty.

270
00:17:37,222 --> 00:17:39,902
And we split a fry and no drinks.

271
00:17:40,042 --> 00:17:41,242
And it was 28 bucks, dude.

272
00:17:41,302 --> 00:17:42,342
It was wild.

273
00:17:42,862 --> 00:17:43,182
Yeah.

274
00:17:44,182 --> 00:17:47,482
Like, even my brother, I think it was a Sunday.

275
00:17:47,662 --> 00:17:50,462
We wanted to go to a burger place over here in Raleigh.

276
00:17:50,842 --> 00:17:53,842
And one of my friends, he was like, yeah, like three burgers.

277
00:17:53,962 --> 00:17:55,662
Just for three burgers, like 55 bucks.

278
00:17:56,122 --> 00:17:57,322
What in the…

279
00:17:57,322 --> 00:17:58,642
What burger place did you go to?

280
00:17:58,662 --> 00:18:00,322
Was it like a sit-down place with a waitress?

281
00:18:00,602 --> 00:18:01,622
I have no idea.

282
00:18:01,682 --> 00:18:02,742
Sit down may help you.

283
00:18:02,842 --> 00:18:04,842
I think it's called Shake Shack.

284
00:18:05,062 --> 00:18:06,042
I think we wanted to.

285
00:18:06,482 --> 00:18:06,902
Shake Shack?

286
00:18:07,022 --> 00:18:07,862
What are you talking about?

287
00:18:07,862 --> 00:18:08,822
I don't know if it's that.

288
00:18:08,922 --> 00:18:09,802
Burger Fie?

289
00:18:10,082 --> 00:18:11,882
That's a, that one is good.

290
00:18:12,062 --> 00:18:12,422
Is it?

291
00:18:12,562 --> 00:18:13,602
Yeah, I like Burger Fie.

292
00:18:13,722 --> 00:18:15,102
I love burgers.

293
00:18:15,562 --> 00:18:17,282
Like, it's my all-time, like.

294
00:18:17,402 --> 00:18:17,862
I do too.

295
00:18:18,002 --> 00:18:18,702
Trump meal.

296
00:18:18,862 --> 00:18:19,602
If somebody is like.

297
00:18:20,562 --> 00:18:21,962
Your all-time Donald Trump meal?

298
00:18:22,122 --> 00:18:22,722
No, Trump.

299
00:18:22,842 --> 00:18:23,682
Like, it trumps everything.

300
00:18:23,882 --> 00:18:25,622
That's a word before his last name.

301
00:18:26,802 --> 00:18:27,782
Just making sure, guys.

302
00:18:27,782 --> 00:18:35,102
But anyway, like if anybody is like, oh, man, I don't like if you say it, we have to have it.

303
00:18:35,602 --> 00:18:39,562
Like it is. I love burgers. It will always hit the spot.

304
00:18:39,782 --> 00:18:42,362
There's never a time where I'm like, don't want a cheeseburger.

305
00:18:42,622 --> 00:18:44,162
Same here. And my dad's the same way.

306
00:18:44,162 --> 00:18:56,102
But to your point, Sam, if I'm a, you know, when I think about the cost of eating out being too high,

307
00:18:56,102 --> 00:18:58,222
then my next thought is okay

308
00:18:58,222 --> 00:19:00,242
I need to eat more meals at home

309
00:19:00,242 --> 00:19:02,262
so to eat more meals at home

310
00:19:02,262 --> 00:19:03,582
I need to go to the grocery store

311
00:19:03,582 --> 00:19:05,862
I go to the grocery store I'm like yo

312
00:19:05,862 --> 00:19:07,422
this is all so expensive

313
00:19:07,422 --> 00:19:09,822
you know I have a wife and two kids

314
00:19:09,822 --> 00:19:11,222
and

315
00:19:11,222 --> 00:19:14,322
easily $400 a week

316
00:19:14,322 --> 00:19:16,242
to feed the four of us

317
00:19:16,242 --> 00:19:17,902
out of the grocery store

318
00:19:17,902 --> 00:19:19,942
out of the grocery store

319
00:19:19,942 --> 00:19:21,922
like not even anything

320
00:19:21,922 --> 00:19:24,062
extravagant just like you know

321
00:19:24,062 --> 00:19:26,082
yogurt breakfasts

322
00:19:26,102 --> 00:19:31,322
your standard elementary school lunches and, you know, basic American dinners.

323
00:19:31,422 --> 00:19:40,582
I'm like, dog, it's like $1,600 a month, you know, we're spending like 15 to $18,000 on food.

324
00:19:40,962 --> 00:19:43,882
And then, and then, and then we do have a moment where I do, we just don't want to cook tonight.

325
00:19:43,942 --> 00:19:44,582
Let's go eat out.

326
00:19:44,802 --> 00:19:49,962
We go eat out 60 to $80 for some regular old food for the four of us.

327
00:19:51,502 --> 00:19:55,102
While some portion of that $400 is going bad in the fridge.

328
00:19:55,102 --> 00:20:24,742
I'm like, this is a mess. This is a mess. You know what I mean? And what is, you know, it's very easy to, to feel like, okay, well, I just got to outwork this, you know, rising cost or, or start gambling on something that turns out to be a scam or fully go to the casino or pull out your smartphone and say, Hey, if these guys win tonight,

329
00:20:24,742 --> 00:20:28,022
and this specific player passes to that specific player

330
00:20:28,022 --> 00:20:31,442
who then makes this specific shot, I should be okay.

331
00:20:31,942 --> 00:20:34,802
It's like, dude, that's not sustainable.

332
00:20:35,522 --> 00:20:37,302
So Bitcoin is a solution.

333
00:20:38,262 --> 00:20:40,842
What do you not understand about Bitcoin?

334
00:20:41,402 --> 00:20:43,702
So one thing I do not understand,

335
00:20:43,822 --> 00:20:48,062
I know that especially when we go out, we get taxed.

336
00:20:48,842 --> 00:20:50,422
Everything is taxed.

337
00:20:50,422 --> 00:20:55,662
And one thing is just like that it's not stopping me fully,

338
00:20:55,802 --> 00:21:00,342
which I want to get more of an understanding of it is do they tax Bitcoin?

339
00:21:00,922 --> 00:21:03,462
And if they do, how do they do it?

340
00:21:04,062 --> 00:21:04,362
All right.

341
00:21:05,042 --> 00:21:06,262
So good question.

342
00:21:06,462 --> 00:21:07,122
And you are right.

343
00:21:07,342 --> 00:21:11,382
I saw a short summer where this girl was trying to understand taxation.

344
00:21:11,702 --> 00:21:14,562
And it was like, it was enough to enrage you.

345
00:21:14,562 --> 00:21:19,882
She was like, okay, somebody pays me.

346
00:21:20,422 --> 00:21:24,202
for like something I've sold to them,

347
00:21:24,622 --> 00:21:28,322
they're paying me with money that they got taxed on.

348
00:21:29,542 --> 00:21:34,402
And then they're paying a sales tax to buy the thing for me.

349
00:21:34,422 --> 00:21:37,222
And then since I've earned that money from them,

350
00:21:37,822 --> 00:21:41,262
I'm paying a tax on it being a part of my income.

351
00:21:41,382 --> 00:21:45,322
And then I go buy something with it and I get taxed for having purchased.

352
00:21:45,322 --> 00:21:49,662
And it's like, how do any of us have any money, quite frankly?

353
00:21:50,422 --> 00:21:55,582
If every single one of us is being taxed at every single stage,

354
00:21:55,802 --> 00:21:56,622
when we,

355
00:21:56,702 --> 00:21:57,642
when we earn it,

356
00:21:57,702 --> 00:21:58,442
it's taxed.

357
00:21:58,442 --> 00:21:59,722
When we buy something with it,

358
00:21:59,762 --> 00:22:00,642
it's taxed.

359
00:22:00,782 --> 00:22:02,202
If we own something,

360
00:22:02,202 --> 00:22:05,282
we need to pay a tax on that in the form of some more money.

361
00:22:06,082 --> 00:22:06,442
Anyways,

362
00:22:06,982 --> 00:22:08,482
that's enough to be like,

363
00:22:08,642 --> 00:22:09,602
dude,

364
00:22:09,722 --> 00:22:10,042
what?

365
00:22:10,362 --> 00:22:11,482
And they can just print the money,

366
00:22:11,542 --> 00:22:11,942
by the way.

367
00:22:12,082 --> 00:22:12,242
Yeah.

368
00:22:12,242 --> 00:22:13,222
Why are you even taxing us?

369
00:22:15,622 --> 00:22:15,982
Well,

370
00:22:16,362 --> 00:22:19,202
it's so that they don't have to print as much.

371
00:22:19,202 --> 00:22:19,902
You know what I mean?

372
00:22:19,902 --> 00:22:23,562
if they can collect some print a little bit and get it back out there,

373
00:22:23,562 --> 00:22:27,362
then you're, you're, you don't turn into Zimbabwe dollars overnight.

374
00:22:27,602 --> 00:22:28,182
It just turned.

375
00:22:28,262 --> 00:22:29,302
That is true. That's helpful.

376
00:22:29,402 --> 00:22:36,282
Anyways, Bitcoin right now is treated basically like an asset,

377
00:22:36,282 --> 00:22:40,602
you know, like a stock or a house or some land.

378
00:22:41,482 --> 00:22:44,762
If you, if you buy it, nothing happens there.

379
00:22:44,762 --> 00:22:46,702
it's only when you sell it

380
00:22:46,702 --> 00:22:47,702
that you need to

381
00:22:47,702 --> 00:22:49,082
somehow

382
00:22:49,082 --> 00:22:50,302
pay the government

383
00:22:50,302 --> 00:22:51,082
in exchange

384
00:22:51,082 --> 00:22:51,802
for either making

385
00:22:51,802 --> 00:22:52,662
or losing money on it

386
00:22:52,662 --> 00:22:53,542
I really don't understand

387
00:22:53,542 --> 00:22:54,302
why we needed

388
00:22:54,302 --> 00:22:55,422
but apparently

389
00:22:55,422 --> 00:22:56,822
if you buy an asset

390
00:22:56,822 --> 00:22:57,642
in this country

391
00:22:57,642 --> 00:22:59,202
and then it appreciates

392
00:22:59,202 --> 00:23:00,862
that's a bummer for you

393
00:23:00,862 --> 00:23:03,022
for some reason

394
00:23:03,022 --> 00:23:04,522
when you sell it

395
00:23:04,522 --> 00:23:05,602
you have to give a portion

396
00:23:05,602 --> 00:23:06,242
to the government

397
00:23:06,242 --> 00:23:07,022
why?

398
00:23:07,662 --> 00:23:07,962
why?

399
00:23:08,582 --> 00:23:09,722
unless you're going

400
00:23:09,722 --> 00:23:10,682
it's going into

401
00:23:10,682 --> 00:23:11,582
a like asset

402
00:23:11,582 --> 00:23:13,622
so if you sell your house

403
00:23:13,622 --> 00:23:14,122
okay

404
00:23:14,122 --> 00:23:14,262
okay

405
00:23:14,762 --> 00:23:18,082
and then you like make money on your house,

406
00:23:18,162 --> 00:23:19,302
make money on your house,

407
00:23:19,522 --> 00:23:23,182
you can then invest it in another house

408
00:23:23,182 --> 00:23:24,702
because it's the same.

409
00:23:25,062 --> 00:23:29,362
Like, but it's not if you sell your house

410
00:23:29,362 --> 00:23:30,682
and you make money on your house

411
00:23:30,682 --> 00:23:31,882
and you buy Bitcoin with that,

412
00:23:31,982 --> 00:23:33,222
you still have to pay capital gains.

413
00:23:33,882 --> 00:23:35,442
And I don't think there's any laws

414
00:23:35,442 --> 00:23:37,002
that like allows you to go from big,

415
00:23:37,322 --> 00:23:38,462
I don't think you can go from Bitcoin

416
00:23:38,462 --> 00:23:40,742
to like a digital asset and not pay taxes, I think.

417
00:23:40,842 --> 00:23:41,162
Correct.

418
00:23:41,622 --> 00:23:44,102
So you do need to be prepared.

419
00:23:44,102 --> 00:23:44,282
I asked questions.

420
00:23:44,762 --> 00:23:55,022
Like, if you bought $100 worth of Bitcoin and it went to $200 worth of Bitcoin and you sold all of that, then you've gained $100.

421
00:23:55,942 --> 00:24:03,402
And you would need to pay 20% or 25% on the $100 of those gains.

422
00:24:03,402 --> 00:24:12,542
So if you bought $100 worth of Bitcoin, it went to $200, and you wanted to liquidate that or sell that off, then you would walk away with $175.

423
00:24:13,102 --> 00:24:14,382
But here's my question.

424
00:24:14,762 --> 00:24:31,882
If I had $1,000 and I was able to put it into Bitcoin and it doubles to $2,000 and then I need it and I walk away with $1,750, I'm not that mad.

425
00:24:32,222 --> 00:24:41,822
Because if I had put the $1,000 in the savings account, they would have said, okay, well, we're going to give you 0.1%, which is, I mean, 10% is 100.

426
00:24:42,302 --> 00:24:43,702
1% is 10.

427
00:24:44,762 --> 00:24:46,282
So 0.1 is like $1.

428
00:24:46,522 --> 00:24:46,842
Yeah.

429
00:24:47,022 --> 00:24:48,362
Like here's $1,001.

430
00:24:48,882 --> 00:24:49,942
Also, we charge you $100.

431
00:24:50,382 --> 00:24:50,582
Yeah.

432
00:24:51,182 --> 00:24:52,122
To hang on.

433
00:24:52,122 --> 00:24:52,802
To hold it, yeah.

434
00:24:52,962 --> 00:25:00,042
So I'm like, look, I don't, I don't have, I'm not, I'm not at a level where I can be

435
00:25:00,042 --> 00:25:08,602
rich person mode, buying more than one home to like rent out to other people or buy a

436
00:25:08,602 --> 00:25:09,762
bunch of company stock.

437
00:25:09,882 --> 00:25:14,742
And like, I don't, I don't, I don't have any assets, you know, Bitcoin is my asset.

438
00:25:14,762 --> 00:25:26,822
And if it can go up that much, if I really needed to sell it, then the capital gains is only on money I would not have been able to make anyways.

439
00:25:27,122 --> 00:25:30,222
So if that's the best I can do, I'll take it.

440
00:25:30,822 --> 00:25:34,522
Okay, so what about when you buy something with Bitcoin?

441
00:25:37,062 --> 00:25:38,482
I mean, we've had...

442
00:25:38,482 --> 00:25:43,402
Isn't that sort of where the fog is with Yana?

443
00:25:43,842 --> 00:25:44,322
Definitely.

444
00:25:44,322 --> 00:25:51,002
I mean, we've had accountants come on the show and the picture they paint is ultra complicated.

445
00:25:51,282 --> 00:26:03,582
Where if you buy something with Bitcoin, somehow that becomes a taxable event because I don't even know why.

446
00:26:03,622 --> 00:26:04,562
Because it leaves your wallet.

447
00:26:05,042 --> 00:26:12,302
Yeah, which doesn't make any sense because people routinely send Bitcoin out of their wallet to another wallet of their own.

448
00:26:12,302 --> 00:26:28,304
So it like that can be a taxable event And I think they trying to pass laws maybe that would basically eliminate capital gains on like smaller purchases Like you know if you sold worth of Bitcoin to buy something with

449
00:26:28,304 --> 00:26:32,304
cash, maybe you wouldn't have to pay taxes on that. But we've also had Bitcoiners come on the

450
00:26:32,304 --> 00:26:40,204
show and say, look, man, if I have Bitcoin and I want something from you and I send you the Bitcoin

451
00:26:40,204 --> 00:26:48,544
directly, I haven't sold any Bitcoin. I haven't sold any Bitcoin. I haven't exchanged it for any

452
00:26:48,544 --> 00:26:54,744
dollars. So where's the taxable event? It's nowhere, right? I mean, that's how I feel as well.

453
00:26:55,284 --> 00:27:03,404
I could be totally wrong, but it seems to me like, it's almost like if I had a hundred dollars

454
00:27:03,404 --> 00:27:10,024
in my hand and I handed it to you, the government does not see that. The government cannot

455
00:27:10,024 --> 00:27:16,784
tax that i'm literally handing you some money why would that get taxed if i send you bitcoin

456
00:27:16,784 --> 00:27:23,824
directly what do you want me to do log that down and say hey these specific satoshis i bought at

457
00:27:23,824 --> 00:27:31,524
this specific time and now when i sent them to sam the new price is this and so it's almost as if

458
00:27:31,524 --> 00:27:37,384
the difference is this much and now i know that's the part that i have a hard time with like it's not

459
00:27:37,384 --> 00:27:47,604
can you track when because once you buy sats and they're in your wallet you buy more sats

460
00:27:47,604 --> 00:27:54,264
they're in your wallet it sort of all gets jumbled up together right not really because

461
00:27:54,264 --> 00:28:03,524
remember each transaction is like a custom gold coin in your wallet when you send those sats

462
00:28:03,524 --> 00:28:07,524
how do you know which one it's going to pull from?

463
00:28:08,064 --> 00:28:09,124
That's a very good question.

464
00:28:09,124 --> 00:28:12,044
Is it going to pull from the sats that I bought at 110

465
00:28:12,044 --> 00:28:14,184
or that I bought at 65?

466
00:28:14,704 --> 00:28:16,024
Right, right, right, right.

467
00:28:16,204 --> 00:28:18,004
Technically, there's probably a way to say,

468
00:28:18,084 --> 00:28:21,924
hey, I used this entire unspent transaction

469
00:28:21,924 --> 00:28:24,184
plus a piece of this unspent transaction

470
00:28:24,184 --> 00:28:26,824
and I bought this unspent transaction at this rate.

471
00:28:27,144 --> 00:28:28,224
But dude, come on.

472
00:28:28,444 --> 00:28:29,644
That is so complicated.

473
00:28:29,644 --> 00:28:37,884
If I sell my Bitcoin for cash, like if I send it to Bitcoin, well, hey, here's my Bitcoin.

474
00:28:38,044 --> 00:28:38,944
Give me some cash back.

475
00:28:39,284 --> 00:28:39,644
Totally.

476
00:28:39,964 --> 00:28:41,064
That makes sense.

477
00:28:41,164 --> 00:28:41,804
Here we go.

478
00:28:42,464 --> 00:28:44,524
That's the buying and selling of an asset.

479
00:28:44,524 --> 00:28:56,264
But if we're moving Bitcoin around on a Bitcoin network, like I don't see how anyone can effectively track and tax that.

480
00:28:56,624 --> 00:28:58,884
And I don't even think anything taxable is happening.

481
00:28:58,884 --> 00:29:24,924
You know, maybe the politicians or the accountants disagree, but that would be kind of a moment where it's like, look, I'm doing my level best as an individual citizen to accurately describe to you how much I've earned or gained this year inside the structure you're providing to me in the form of roads and, you know, defense and what other services, whatever.

482
00:29:24,924 --> 00:29:30,764
here's me doing my level best like if you needed to go even more wild than that like you got to

483
00:29:30,764 --> 00:29:35,804
tell me what that is and how to track it like because because even when yana came on she was

484
00:29:35,804 --> 00:29:41,884
like the government doesn't even the government can't even go much further past hey did you sell

485
00:29:41,884 --> 00:29:47,704
it at a profit or at a loss like if the government even attempted to get anywhere close to let's

486
00:29:47,704 --> 00:29:54,484
inspect what happens on inside the net soon as as soon as you exit the network that's really easy to

487
00:29:54,484 --> 00:30:03,084
be like okay but all this junk inside here yeah you know i'm i'm comfortable doing my best there

488
00:30:03,084 --> 00:30:08,324
and then if they if they come to me and say hey we got to go even further than that okay boss

489
00:30:08,324 --> 00:30:15,464
how much time how much time do i get you know to to try to rebuild all this because because we send

490
00:30:15,464 --> 00:30:20,104
satoshis all the time but they're flying around over here flying around and that's what i love

491
00:30:20,104 --> 00:30:27,484
about it like especially how you explain it it's like um bitcoin it's mostly run by the community

492
00:30:27,484 --> 00:30:33,984
not by the government and that's something that like again i see how the government is i'm just

493
00:30:33,984 --> 00:30:40,004
okay if they can do this to other people when is it going to catch to me it feel it feels really

494
00:30:40,004 --> 00:30:46,944
hard to like get a kernel of momentum and success going that you can build on top of you know

495
00:30:46,944 --> 00:30:56,164
and also like I feel like um for the longest time uh I would spend money because uh there's a saying

496
00:30:56,164 --> 00:31:00,564
it's called if you spend money you make money or something like that and there was a time that

497
00:31:00,564 --> 00:31:08,064
like I did heavily rely on that I'm like it would invest in itself it did not it collected dust

498
00:31:08,064 --> 00:31:15,304
and the only investment I would say I did really good was my car because I travel a lot and so yeah

499
00:31:15,304 --> 00:31:16,924
That's the only thing I would say.

500
00:31:17,404 --> 00:31:18,044
Good investment.

501
00:31:18,464 --> 00:31:18,684
Yeah.

502
00:31:18,844 --> 00:31:23,524
But hopefully, once I start investing in Bitcoin, that's another good investment.

503
00:31:23,744 --> 00:31:23,944
Yeah.

504
00:31:24,464 --> 00:31:24,704
Yeah.

505
00:31:24,824 --> 00:31:31,144
So, AB, what can you describe to Sam as far as what's going to happen to him the moment he becomes a Bitcoiner?

506
00:31:32,564 --> 00:31:35,464
You're going to refresh the Clark Moody dashboard.

507
00:31:35,684 --> 00:31:35,964
Okay.

508
00:31:37,284 --> 00:31:37,884
A lot.

509
00:31:38,524 --> 00:31:39,364
A lot.

510
00:31:39,464 --> 00:31:41,864
Meaning you're going to start checking the price a bunch.

511
00:31:41,864 --> 00:31:43,584
You're going to check the price a lot.

512
00:31:43,784 --> 00:31:44,224
A bunch.

513
00:31:44,424 --> 00:31:44,824
Yes.

514
00:31:45,304 --> 00:31:45,444
Yeah.

515
00:31:47,004 --> 00:31:48,604
It's going to be on your phone.

516
00:31:48,844 --> 00:31:49,144
Yeah.

517
00:31:49,224 --> 00:31:50,444
It's going to be on a browser tab.

518
00:31:50,624 --> 00:31:53,284
They don't have an app, but I have made a phone app.

519
00:31:53,784 --> 00:31:55,584
So I can just click the button.

520
00:31:55,804 --> 00:31:56,044
Yeah.

521
00:31:56,204 --> 00:31:59,284
Instead of having to open my browser and find it.

522
00:31:59,344 --> 00:31:59,984
I found a way.

523
00:32:00,584 --> 00:32:01,024
Dang.

524
00:32:01,264 --> 00:32:01,864
Yeah, that's right.

525
00:32:01,984 --> 00:32:02,344
That's right.

526
00:32:02,704 --> 00:32:03,404
It is not.

527
00:32:03,904 --> 00:32:05,124
It is in a folder.

528
00:32:05,344 --> 00:32:05,584
Okay.

529
00:32:05,664 --> 00:32:07,064
It's in a folder on my phone.

530
00:32:07,164 --> 00:32:07,404
Yeah.

531
00:32:07,804 --> 00:32:08,564
And it goes straight.

532
00:32:08,904 --> 00:32:09,344
Correct.

533
00:32:09,744 --> 00:32:09,984
Correct.

534
00:32:09,984 --> 00:32:10,364
Yeah.

535
00:32:10,464 --> 00:32:12,084
So I feel I felt pretty good about that one.

536
00:32:12,084 --> 00:32:12,304
Yeah.

537
00:32:13,364 --> 00:32:20,664
I will also say, I think, so we've had a lot of guests talk about, like, talk to me about the price in five years.

538
00:32:21,304 --> 00:32:28,204
I found that to be more encouraging than any of the whole, like, in 10 years, this.

539
00:32:28,904 --> 00:32:31,784
Because I, like, I can take a five-year.

540
00:32:32,184 --> 00:32:35,284
Like, five years feels like it's a little further away.

541
00:32:35,604 --> 00:32:36,364
It's not tomorrow.

542
00:32:36,604 --> 00:32:37,524
It's not next year.

543
00:32:38,224 --> 00:32:40,324
But 10 years just feels so long.

544
00:32:40,324 --> 00:32:43,944
and I want to feel like there's progress in mine,

545
00:32:44,404 --> 00:32:46,484
like in the Bitcoin that I've purchased

546
00:32:46,484 --> 00:32:48,804
and the decisions that I've made today,

547
00:32:49,364 --> 00:32:50,684
that'll show up in five years.

548
00:32:51,084 --> 00:32:53,404
And so like I'm holding to five years.

549
00:32:53,584 --> 00:32:53,924
Gotcha.

550
00:32:54,344 --> 00:32:57,244
And I do think so because of Rajat's spreadsheet,

551
00:32:57,484 --> 00:32:59,924
which again, you'll play with that a lot.

552
00:32:59,944 --> 00:33:01,424
I have played with it just a little bit.

553
00:33:01,504 --> 00:33:02,604
I'm like, oh, yeah.

554
00:33:02,604 --> 00:33:03,584
I played with it.

555
00:33:03,944 --> 00:33:04,104
Yeah.

556
00:33:04,264 --> 00:33:05,424
Okay, so what did you,

557
00:33:05,784 --> 00:33:07,944
what kind of like future did you build for yourself

558
00:33:07,944 --> 00:33:09,084
in this Rajat spreadsheet?

559
00:33:09,244 --> 00:33:09,804
I'm not going to lie.

560
00:33:09,804 --> 00:33:10,404
I don't remember.

561
00:33:10,524 --> 00:33:11,804
I just started pressing numbers.

562
00:33:12,024 --> 00:33:12,284
Okay.

563
00:33:12,284 --> 00:33:15,044
It was so fun, like, seeing the money change.

564
00:33:15,144 --> 00:33:18,484
If it's, like, 80%, 40%, or anything like that.

565
00:33:18,484 --> 00:33:19,584
80 is Stewart's favorite.

566
00:33:19,744 --> 00:33:21,204
I like to go with 50%.

567
00:33:21,204 --> 00:33:21,524
Okay.

568
00:33:21,984 --> 00:33:22,524
Yeah, yeah, yeah.

569
00:33:22,704 --> 00:33:24,344
I feel like that's reasonable.

570
00:33:24,864 --> 00:33:28,544
I mean, I just saw, I was just showing AB before he started recording here.

571
00:33:30,064 --> 00:33:33,944
Robin Sayre, who has his own podcast.

572
00:33:34,324 --> 00:33:37,044
He also does the Micro C that we've talked about a little bit.

573
00:33:37,044 --> 00:33:40,944
he shared like a little graphic on Twitter that said,

574
00:33:40,944 --> 00:33:41,744
um,

575
00:33:41,844 --> 00:33:48,504
Bitcoin has been declared dead 432 times over the course of its 16 or 17 year

576
00:33:48,504 --> 00:33:48,884
history.

577
00:33:49,244 --> 00:33:51,704
And if you bought a hundred dollars of Bitcoin,

578
00:33:52,004 --> 00:33:53,604
each time it was declared dead.

579
00:33:53,704 --> 00:33:57,964
So like $43,200 total investment,

580
00:33:58,084 --> 00:34:00,004
you have 65 million bucks.

581
00:34:00,884 --> 00:34:01,484
Dude.

582
00:34:01,564 --> 00:34:01,724
I mean,

583
00:34:01,804 --> 00:34:02,904
now personally,

584
00:34:02,904 --> 00:34:03,284
I don't have,

585
00:34:03,384 --> 00:34:07,004
I don't have $43,200 to invest in,

586
00:34:07,004 --> 00:34:16,584
Bitcoin, but I do have $50 a week. This is $432, $100 purchases, $65 million. Come on.

587
00:34:16,584 --> 00:34:17,064
I know.

588
00:34:17,064 --> 00:34:17,544
Come on.

589
00:34:17,704 --> 00:34:18,084
I know.

590
00:34:18,184 --> 00:34:28,424
If you're 20, you know, what do you, you have 17 years to buy $100 worth of Bitcoin each time

591
00:34:28,424 --> 00:34:34,704
it's declared dead. You know, like you, what I'm most excited about for you is that you're young.

592
00:34:34,864 --> 00:34:35,044
Yeah.

593
00:34:35,044 --> 00:34:38,104
I mean, the rest of us are dead.

594
00:34:38,584 --> 00:34:40,084
I did not.

595
00:34:40,684 --> 00:34:41,724
I did not.

596
00:34:41,784 --> 00:34:45,084
I did not start buying Bitcoin until I was 38.

597
00:34:45,664 --> 00:34:46,144
Right.

598
00:34:46,264 --> 00:34:46,744
You know?

599
00:34:46,984 --> 00:34:50,724
Also, we didn't have the opportunity to buy it.

600
00:34:50,984 --> 00:34:51,264
Right.

601
00:34:51,384 --> 00:34:51,684
Really.

602
00:34:51,824 --> 00:34:58,104
I mean, technically, I could have started buying when it came out in 2009 and I would have been 24 years old.

603
00:34:58,464 --> 00:34:59,524
So I'm 40.

604
00:34:59,964 --> 00:35:02,144
I could have been buying Bitcoin this whole time.

605
00:35:02,984 --> 00:35:03,744
But I think.

606
00:35:03,904 --> 00:35:04,624
But that was.

607
00:35:04,724 --> 00:35:04,844
Okay.

608
00:35:04,844 --> 00:35:06,924
So that goes to what I was talking to you about the other day.

609
00:35:06,924 --> 00:35:07,284
I was like,

610
00:35:07,304 --> 00:35:13,624
it totally makes sense that like dudes are into Bitcoin and a majority of

611
00:35:13,624 --> 00:35:17,104
Bitcoin owners are dudes because the way that you bought it was kind of

612
00:35:17,104 --> 00:35:17,684
sketchy.

613
00:35:18,964 --> 00:35:19,544
I mean,

614
00:35:19,544 --> 00:35:19,744
like,

615
00:35:19,804 --> 00:35:20,404
I don't know,

616
00:35:20,404 --> 00:35:23,164
like a female that's going to go into a back alley and be like,

617
00:35:23,644 --> 00:35:24,284
let me have that.

618
00:35:24,444 --> 00:35:24,684
Let me,

619
00:35:24,684 --> 00:35:24,884
let me,

620
00:35:24,884 --> 00:35:26,384
let me hold that USB stick.

621
00:35:26,504 --> 00:35:26,864
Right.

622
00:35:26,964 --> 00:35:28,084
Out of that white van.

623
00:35:29,084 --> 00:35:29,564
Right.

624
00:35:29,784 --> 00:35:31,024
And so there's gotta be like,

625
00:35:31,044 --> 00:35:31,684
I think it's,

626
00:35:31,684 --> 00:35:35,144
it is a lot safer to buy now.

627
00:35:35,344 --> 00:35:37,184
It's a lot easier to buy now.

628
00:35:38,104 --> 00:35:40,384
And companies are constantly coming up with ways

629
00:35:40,384 --> 00:35:41,404
to reduce the friction.

630
00:35:42,324 --> 00:35:44,524
And so, like, I think it's interesting to hear

631
00:35:44,524 --> 00:35:47,004
about some of the people that we've had on the show

632
00:35:47,004 --> 00:35:48,684
tell their story about how they bought Bitcoin.

633
00:35:49,404 --> 00:35:50,144
I don't know.

634
00:35:50,324 --> 00:35:51,984
And when it was lived on a computer.

635
00:35:53,044 --> 00:35:56,444
And like, that just feels, that's a wild world.

636
00:35:56,444 --> 00:35:58,224
Like, I'm like, how did you take that risk?

637
00:35:58,224 --> 00:35:59,144
Like, why would you,

638
00:35:59,144 --> 00:36:02,184
like that doesn't even really make sense to me.

639
00:36:02,404 --> 00:36:04,544
And so the people who had the vision so early,

640
00:36:05,224 --> 00:36:06,504
like impressive.

641
00:36:07,004 --> 00:36:09,524
Yeah, you either had to like geek out on computers

642
00:36:09,524 --> 00:36:10,824
to mine it yourself.

643
00:36:11,144 --> 00:36:11,264
Yeah.

644
00:36:11,744 --> 00:36:14,464
Or you had to like be so interested

645
00:36:14,464 --> 00:36:19,504
that you would go do an in-person deal, you know?

646
00:36:20,064 --> 00:36:22,684
The CEO of Bitcoin Well, number 103 Adam,

647
00:36:22,684 --> 00:36:24,784
he talked about like he would meet people

648
00:36:24,784 --> 00:36:27,184
at like the McDonald's.

649
00:36:27,184 --> 00:36:33,264
and like okay here you they would like give him a hundred dollar canadian bill and then he would

650
00:36:33,264 --> 00:36:37,284
like send them the bitcoin on his phone or whatever or where and then they would they

651
00:36:37,284 --> 00:36:42,584
would confirm that it showed up he's like all right thanks brother like yeah yeah i i would

652
00:36:42,584 --> 00:36:51,624
100 never do that like i wouldn't do that now let alone when i was like late teens early 20s

653
00:36:51,624 --> 00:36:52,464
No.

654
00:36:53,064 --> 00:36:53,304
No.

655
00:36:53,764 --> 00:36:56,984
Would you buy Bitcoin if you had to kind of do it that way?

656
00:36:57,124 --> 00:36:57,524
Absolutely.

657
00:36:57,804 --> 00:36:58,304
You would get it.

658
00:36:58,804 --> 00:36:59,244
Absolutely.

659
00:36:59,424 --> 00:36:59,824
Absolutely.

660
00:37:00,684 --> 00:37:03,104
If I'm robbed, I'm robbed.

661
00:37:03,524 --> 00:37:03,964
But yeah.

662
00:37:04,144 --> 00:37:04,644
Go for it.

663
00:37:04,924 --> 00:37:05,204
All right.

664
00:37:05,244 --> 00:37:10,024
Now, we're going to move into the final stages of the episode here, Sam.

665
00:37:10,084 --> 00:37:13,084
But do we want to take a minute to talk to your padres?

666
00:37:14,044 --> 00:37:14,384
Yes.

667
00:37:14,564 --> 00:37:15,004
All right.

668
00:37:15,004 --> 00:37:41,964
Oh, okay.

669
00:37:41,964 --> 00:37:42,084
Okay.

670
00:37:42,984 --> 00:37:43,464
Hmm.

671
00:37:43,944 --> 00:37:46,804
Por los padres de Sam.

672
00:37:49,044 --> 00:37:51,384
Dinero, dinero, dinero.

673
00:37:51,784 --> 00:38:08,284
Hoy en día, dinero es papel, pero en los siglos anteriores, dinero era oro, ¿no?

674
00:38:08,284 --> 00:38:17,924
Y había un momentito cuando dinero cambia.

675
00:38:18,864 --> 00:38:22,364
Un día es oro y ahora es papel.

676
00:38:23,004 --> 00:38:25,784
En el futuro está en el Internet.

677
00:38:26,724 --> 00:38:31,744
Es una transformación.

678
00:38:33,544 --> 00:38:36,144
Oro, papel, el Internet.

679
00:38:36,144 --> 00:38:49,484
Y tus padres necesitan tomar el tiempo para ver que el futuro está pasando hoy.

680
00:38:49,484 --> 00:39:01,804
Tenemos el internet, tenemos email, podemos llamar de México aquí o a Inglaterra.

681
00:39:01,804 --> 00:39:10,104
So, we need to explore Bitcoin a little bit.

682
00:39:10,104 --> 00:39:17,664
If you have 50% of your money in effect and 50% in the bank,

683
00:39:18,104 --> 00:39:41,746
we need to change 1 of your money in the bank to Bitcoin and 1 of your money in Entonces tienes 2 de dinero en Bitcoin 2 de Bitcoin 48 efectivo 48 en el banco

684
00:39:42,746 --> 00:39:48,906
Y podemos ver día por día

685
00:39:48,906 --> 00:39:52,166
qué pasa con el dinero cuando es Bitcoin,

686
00:39:52,866 --> 00:39:55,846
qué pasa con el dinero cuando es efectivo en mi casa,

687
00:39:56,626 --> 00:39:56,966
sobre,

688
00:39:57,566 --> 00:39:59,266
en mi cama,

689
00:40:00,346 --> 00:40:03,546
y qué pasa con el dinero en el banco.

690
00:40:04,046 --> 00:40:06,166
Y tus padres van a ver que

691
00:40:06,166 --> 00:40:09,266
el dinero que es Bitcoin

692
00:40:09,266 --> 00:40:13,426
va a ser el mejor dinero.

693
00:40:13,426 --> 00:40:16,186
Porque el efectivo no hace nada.

694
00:40:17,646 --> 00:40:18,686
El dinero en el banco,

695
00:40:19,366 --> 00:40:25,346
su dinero en el banco gana dinero por el banco.

696
00:40:26,626 --> 00:40:28,126
Y no por ellos.

697
00:40:29,226 --> 00:40:31,366
Pero dinero en Bitcoin,

698
00:40:33,366 --> 00:40:35,486
eso va a...

699
00:40:37,266 --> 00:40:42,686
Ellos van a ser capables de comprar más

700
00:40:42,686 --> 00:40:44,866
con el dinero que es Bitcoin.

701
00:40:45,126 --> 00:40:48,206
Después de un año, tres años, cinco años.

702
00:40:48,426 --> 00:40:51,386
Entonces, creo que si dices,

703
00:40:51,386 --> 00:40:54,186
ustedes necesitan

704
00:40:54,186 --> 00:40:56,906
explorar

705
00:40:56,906 --> 00:40:57,886
Bitcoin un poquito

706
00:40:57,886 --> 00:41:01,046
ellos no necesitan

707
00:41:01,046 --> 00:41:02,346
laser eyes como yo

708
00:41:02,346 --> 00:41:04,266
para empezar

709
00:41:04,266 --> 00:41:06,466
solo necesitan un poquito

710
00:41:06,466 --> 00:41:07,586
como 2%

711
00:41:07,586 --> 00:41:11,026
10 dólares

712
00:41:11,026 --> 00:41:12,666
cada mes

713
00:41:12,666 --> 00:41:14,446
es suficiente

714
00:41:14,446 --> 00:41:17,606
what do you think about that?

715
00:41:18,166 --> 00:41:18,506
perfect

716
00:41:18,506 --> 00:41:20,726
not bad, little rusty

717
00:41:20,726 --> 00:41:22,046
pero no es bad, ¿no?

718
00:41:22,646 --> 00:41:23,726
Y lo que estamos diciendo es

719
00:41:23,726 --> 00:41:24,366
Yo seguí a tiny bit

720
00:41:24,366 --> 00:41:26,526
Ana Bevin taught Spanish

721
00:41:26,526 --> 00:41:28,566
Ana Bevin taught Spanish

722
00:41:28,566 --> 00:41:28,946
¿Qué es lo que?

723
00:41:29,306 --> 00:41:31,006
Que es un buen statement

724
00:41:31,006 --> 00:41:31,586
She did

725
00:41:31,586 --> 00:41:33,206
She did

726
00:41:33,206 --> 00:41:35,166
Pero no es tan grande at it currently

727
00:41:35,166 --> 00:41:35,886
Y yo me lo que todo

728
00:41:35,886 --> 00:41:36,266
Y yo me lo que todo

729
00:41:36,266 --> 00:41:36,506
Y yo me lo que todo

730
00:41:36,506 --> 00:41:38,726
Y yo me lo que todo

731
00:41:38,726 --> 00:41:40,486
En España, past tense

732
00:41:40,486 --> 00:41:42,046
Todo eso, crushes it

733
00:41:42,046 --> 00:41:42,406
¿Qué es lo que todo?

734
00:41:42,406 --> 00:41:43,586
Hoy el más que puedo

735
00:41:43,586 --> 00:41:44,726
Es que yo tengo

736
00:41:44,726 --> 00:41:46,146
Vocabulary, nouns

737
00:41:46,146 --> 00:41:47,626
Conjugando en verbes

738
00:41:47,626 --> 00:41:48,226
Yo me lo que

739
00:41:48,226 --> 00:41:51,226
I need way more time

740
00:41:51,226 --> 00:41:51,806
Doing this

741
00:41:51,806 --> 00:41:54,046
Ultimately what I said was

742
00:41:54,046 --> 00:41:58,006
Money wasn't always sheets of paper

743
00:41:58,006 --> 00:41:58,686
It was gold

744
00:41:58,686 --> 00:42:00,686
Now it's on the internet

745
00:42:00,686 --> 00:42:02,686
I'm going to put some translation box right there

746
00:42:02,686 --> 00:42:05,146
Oh that'll be nice

747
00:42:05,146 --> 00:42:06,766
And make sure

748
00:42:06,766 --> 00:42:08,806
Every time I don't say something correctly

749
00:42:08,806 --> 00:42:10,186
Just blast me for it

750
00:42:10,186 --> 00:42:13,046
Translate it literally

751
00:42:13,046 --> 00:42:15,466
To where I sound like an absolute caveman

752
00:42:15,466 --> 00:42:16,206
That would be good

753
00:42:16,206 --> 00:42:17,566
Money

754
00:42:17,566 --> 00:42:22,006
Yeah, it's like back in the day, money is changing right now.

755
00:42:22,206 --> 00:42:23,846
Like just all the tenses are messed up.

756
00:42:23,966 --> 00:42:27,546
But, you know, money has changed over time and it's changing again.

757
00:42:27,806 --> 00:42:29,866
And they don't need to try it out a bunch.

758
00:42:30,046 --> 00:42:31,186
They should just try it out a little bit.

759
00:42:31,326 --> 00:42:31,466
Yeah.

760
00:42:31,786 --> 00:42:32,386
You know what I mean?

761
00:42:32,666 --> 00:42:34,346
Everybody should just try it out a little bit.

762
00:42:34,546 --> 00:42:36,106
Try it out just a tiny little bit.

763
00:42:36,326 --> 00:42:36,566
Yeah.

764
00:42:36,666 --> 00:42:37,506
For goodness sakes.

765
00:42:37,686 --> 00:42:37,846
Yeah.

766
00:42:38,186 --> 00:42:38,986
All right, Sam.

767
00:42:39,166 --> 00:42:44,906
Well, we, you know, we always say that there is more to Bitcoin

768
00:42:44,906 --> 00:42:47,646
than we will ever be able to fit into a single chat about sats.

769
00:42:48,686 --> 00:42:50,246
So we do ask each of our guests

770
00:42:50,246 --> 00:42:52,586
if they'd be willing to come back on in nine months

771
00:42:52,586 --> 00:42:54,786
to give us an update on their Bitcoin baby.

772
00:42:55,126 --> 00:42:56,806
Would you be willing to do that for us?

773
00:42:56,986 --> 00:42:57,346
Absolutely.

774
00:42:57,706 --> 00:42:58,506
Let's go.

775
00:42:58,706 --> 00:42:59,066
Okay.

776
00:42:59,706 --> 00:43:01,566
So now we're going to...

777
00:43:01,566 --> 00:43:02,306
This is crazy.

778
00:43:02,646 --> 00:43:04,666
First time tasting hummus of any sort.

779
00:43:05,046 --> 00:43:06,146
Yeah, this is...

780
00:43:06,146 --> 00:43:07,366
Sam didn't have...

781
00:43:07,366 --> 00:43:08,666
Like doesn't have any Bitcoin

782
00:43:08,666 --> 00:43:11,106
until he has a decision later today

783
00:43:11,106 --> 00:43:12,626
in this episode.

784
00:43:12,846 --> 00:43:14,666
And he has never had hummus.

785
00:43:14,666 --> 00:43:19,226
So this is just a very exciting time for all of us.

786
00:43:19,326 --> 00:43:20,146
Oh, no, did it crack?

787
00:43:20,426 --> 00:43:20,866
It's all good.

788
00:43:20,946 --> 00:43:22,086
Look, Hollywood magic.

789
00:43:22,466 --> 00:43:23,486
Wow, you fixed it.

790
00:43:23,646 --> 00:43:24,126
Hollywood magic.

791
00:43:24,126 --> 00:43:27,726
All right, so we are going to taste, this is Sam's first.

792
00:43:28,046 --> 00:43:28,846
Yeah, go, yeah.

793
00:43:28,946 --> 00:43:29,526
Fat glob.

794
00:43:29,946 --> 00:43:30,786
Get in there.

795
00:43:30,906 --> 00:43:31,826
We're going to taste the.

796
00:43:32,046 --> 00:43:34,946
You're doing some pretty good globs recently, too, on your little half.

797
00:43:35,086 --> 00:43:35,886
Thanks, thanks.

798
00:43:36,266 --> 00:43:37,686
It's about the crocker, not the glob.

799
00:43:37,826 --> 00:43:42,206
We're tasting the classic, which is Stuart's favorite.

800
00:43:42,266 --> 00:43:42,766
That's my favorite.

801
00:43:43,106 --> 00:43:43,826
All right.

802
00:43:43,866 --> 00:43:44,046
Ready?

803
00:43:44,406 --> 00:43:44,606
Cheers.

804
00:43:44,666 --> 00:43:54,906
Wow

805
00:43:54,906 --> 00:43:56,886
Oh man, I love the classic

806
00:43:56,886 --> 00:43:58,206
It's really good

807
00:43:58,206 --> 00:44:00,526
Oh my gosh, the lemon is lemony

808
00:44:00,526 --> 00:44:02,666
It's really feeling the lemon

809
00:44:02,666 --> 00:44:05,546
Little pucker face

810
00:44:05,546 --> 00:44:08,346
Yeah, I kind of feel like a little tingle that happens

811
00:44:08,346 --> 00:44:10,266
So you have a little tingle

812
00:44:10,266 --> 00:44:12,466
Yum

813
00:44:12,466 --> 00:44:13,686
Alright, Sam

814
00:44:13,686 --> 00:44:14,766
I love it

815
00:44:14,766 --> 00:44:15,506
I love it

816
00:44:15,506 --> 00:44:16,626
It's really good

817
00:44:16,626 --> 00:44:19,626
I feel like they should sell it in Mexican restaurants

818
00:44:19,626 --> 00:44:22,986
For me it tastes like

819
00:44:22,986 --> 00:44:26,366
Like just the chip that they have

820
00:44:26,366 --> 00:44:29,246
Some Mexican restaurant has like

821
00:44:29,246 --> 00:44:31,266
Prepared with lime and salt

822
00:44:31,266 --> 00:44:33,526
So I get that taste of flavor

823
00:44:33,526 --> 00:44:34,826
It's really good

824
00:44:34,826 --> 00:44:39,506
The black bean really tastes like a Tex-Mex restaurant to me

825
00:44:39,506 --> 00:44:39,826
Oh yeah

826
00:44:39,826 --> 00:44:42,306
That one really kind of like

827
00:44:42,306 --> 00:44:44,686
encapsulates the Tex-Mex

828
00:44:44,686 --> 00:44:45,086
moment.

829
00:44:45,726 --> 00:44:47,646
And where can I find Ithaca Hummus?

830
00:44:48,386 --> 00:44:50,446
You can go to IthacaHummus.com

831
00:44:50,446 --> 00:44:52,506
but basically any grocery store around here.

832
00:44:52,606 --> 00:44:54,566
Yeah, here in Raleigh, Wegmans,

833
00:44:54,846 --> 00:44:55,866
probably Harris Teeter.

834
00:44:55,886 --> 00:44:57,526
Basically everybody but Trader Joe's.

835
00:44:57,766 --> 00:44:58,846
Yeah, TJ.

836
00:44:59,826 --> 00:45:02,506
I mean, we love you for a lot of other reasons, but you don't

837
00:45:02,506 --> 00:45:04,606
carry Ithaca. Let me give you the Miss J

838
00:45:04,606 --> 00:45:06,046
let me give you the Miss J look where he's like

839
00:45:06,046 --> 00:45:08,706
does that look?

840
00:45:09,546 --> 00:45:10,106
What is that?

841
00:45:10,106 --> 00:45:12,446
Miss J from America's Next Top Model

842
00:45:12,446 --> 00:45:13,506
Oh

843
00:45:13,506 --> 00:45:14,666
I'm sorry

844
00:45:14,666 --> 00:45:16,826
He's like girl

845
00:45:16,826 --> 00:45:18,386
Like that

846
00:45:18,386 --> 00:45:22,706
I'm going to give Trader Joe's Miss J look

847
00:45:22,706 --> 00:45:23,166
Alright

848
00:45:23,166 --> 00:45:25,366
At the end of the documentary

849
00:45:25,366 --> 00:45:27,066
I still haven't seen it yet

850
00:45:27,066 --> 00:45:29,926
Turns out he had a stroke

851
00:45:29,926 --> 00:45:32,906
And like the only person that hadn't visited him yet

852
00:45:32,906 --> 00:45:33,486
Is Tyra

853
00:45:33,486 --> 00:45:35,046
And like

854
00:45:35,046 --> 00:45:37,446
And the documentary ends with him being like

855
00:45:37,446 --> 00:45:39,806
He does that to her

856
00:45:39,806 --> 00:45:40,966
I was like, dang.

857
00:45:41,266 --> 00:45:43,206
Miss J gives her that disapproving,

858
00:45:43,346 --> 00:45:44,966
like, no you didn't, girl, look.

859
00:45:45,826 --> 00:45:48,366
I'm actually into that whole thing again.

860
00:45:48,366 --> 00:45:49,086
Yeah, yeah, yeah.

861
00:45:50,026 --> 00:45:51,326
We'll be revisiting that.

862
00:45:51,406 --> 00:45:53,106
So anywhere but TJs.

863
00:45:53,306 --> 00:45:53,726
Yeah.

864
00:45:55,386 --> 00:45:57,406
Alright, so, oh, and we've got,

865
00:45:57,566 --> 00:45:59,466
I've got a pack of cards to give them to.

866
00:45:59,466 --> 00:46:00,026
Yeah, go ahead, yeah.

867
00:46:00,426 --> 00:46:02,806
Alright, number 83, Aladdin,

868
00:46:03,286 --> 00:46:04,526
is behind these.

869
00:46:05,206 --> 00:46:07,706
That will create some collectible

870
00:46:07,706 --> 00:46:10,206
kind of moments for you

871
00:46:10,206 --> 00:46:11,586
teach you about Bitcoin

872
00:46:11,586 --> 00:46:12,586
it's dope

873
00:46:12,586 --> 00:46:15,026
and I was talking to

874
00:46:15,026 --> 00:46:18,406
I told Aladdin

875
00:46:18,406 --> 00:46:19,886
about my idea

876
00:46:19,886 --> 00:46:22,686
of taking one of these cards and trading it all the way up to

877
00:46:22,686 --> 00:46:23,506
a Bitcoin

878
00:46:23,506 --> 00:46:26,106
well actually a one out of one card

879
00:46:26,106 --> 00:46:28,266
is the best card you can get in his area

880
00:46:28,266 --> 00:46:29,446
so trading it up to the

881
00:46:29,446 --> 00:46:31,126
taking one of these, there's a million of these

882
00:46:31,126 --> 00:46:33,706
trading it up to one of the cards

883
00:46:33,706 --> 00:46:35,526
so there was only one and he was like

884
00:46:35,526 --> 00:46:36,886
that is a hot idea

885
00:46:36,886 --> 00:46:38,246
He really liked it.

886
00:46:39,306 --> 00:46:41,166
He's coming back for his Bitcoin baby soon.

887
00:46:41,566 --> 00:46:43,146
Oh, nice. We'll have to talk about it then.

888
00:46:43,266 --> 00:46:44,426
Yeah, definitely. I think that would be great.

889
00:46:44,966 --> 00:46:47,306
Okay, so we have now come to the cash

890
00:46:47,306 --> 00:46:49,226
versus sats decision.

891
00:46:51,966 --> 00:46:52,366
Power

892
00:46:52,366 --> 00:46:54,846
by

893
00:46:54,846 --> 00:46:55,746
salt.

894
00:46:56,846 --> 00:46:59,126
You're so slow. I was waiting for you. Power by

895
00:46:59,126 --> 00:47:01,066
salt and our own... I was just looking at the amount of

896
00:47:01,066 --> 00:47:03,486
Satoshi's like, golly, bro.

897
00:47:03,906 --> 00:47:04,946
We're going to get it down.

898
00:47:04,946 --> 00:47:08,566
Powered by Salt and our very own 123 Sean.

899
00:47:08,706 --> 00:47:09,206
Shout out.

900
00:47:09,606 --> 00:47:12,046
So, at Sat Chats, we believe in value for value.

901
00:47:12,386 --> 00:47:14,946
And in exchange for your time and coming on our show,

902
00:47:15,026 --> 00:47:17,906
we would like to give you your choice between $50 in fiat

903
00:47:17,906 --> 00:47:21,826
or $50 in Bitcoin, which at today's exchange rate is

904
00:47:21,826 --> 00:47:26,146
78,296 satoshis.

905
00:47:26,166 --> 00:47:27,446
This is so crazy, dude.

906
00:47:27,466 --> 00:47:28,426
What would you like to choose?

907
00:47:28,866 --> 00:47:30,706
Of course, I'm going to pick the satoshis.

908
00:47:30,706 --> 00:47:32,726
Of course, of course.

909
00:47:32,826 --> 00:47:34,006
All right, all right.

910
00:47:34,006 --> 00:47:35,106
Let's go

911
00:47:35,106 --> 00:47:35,866
Perfect

912
00:47:35,866 --> 00:47:37,306
Pick the Satoshis

913
00:47:37,306 --> 00:47:39,906
That is a mighty fine amount of Satoshis

914
00:47:39,906 --> 00:47:41,266
That's a lovely amount

915
00:47:41,266 --> 00:47:43,466
That's like you're within spitting distance

916
00:47:43,466 --> 00:47:45,506
Of six figures worth of Satoshis

917
00:47:45,506 --> 00:47:46,306
Let's go

918
00:47:46,306 --> 00:47:48,646
And just so I can remind everybody

919
00:47:48,646 --> 00:47:49,986
Because I haven't said this in a while

920
00:47:49,986 --> 00:47:53,986
If you divide 21 million Bitcoin

921
00:47:53,986 --> 00:47:57,206
By 8 billion people on Earth

922
00:47:57,206 --> 00:47:59,786
Then your fair share of this network

923
00:47:59,786 --> 00:48:02,146
Is 250,000 Satoshis

924
00:48:02,146 --> 00:48:02,686
Oh wow

925
00:48:02,686 --> 00:48:04,526
Si vive en un futuro world

926
00:48:04,526 --> 00:48:05,026
donde sabemos all folgos

927
00:48:05,026 --> 00:48:06,966
en este valor network

928
00:48:06,966 --> 00:48:07,326
ya

929
00:48:07,326 --> 00:48:08,066
tendrías.

930
00:48:08,066 --> 00:48:09,166
You would have set up

931
00:48:09,166 --> 00:48:10,746
si hubiera

932
00:48:10,746 --> 00:48:11,766
una ruta

933
00:48:11,766 --> 00:48:11,966
de un capullero

934
00:48:11,966 --> 00:48:12,686
de un millió mans.

935
00:48:13,446 --> 00:48:14,566
Wenn you account

936
00:48:14,566 --> 00:48:16,186
for la Satoshi Coins

937
00:48:16,186 --> 00:48:17,566
que no creo

938
00:48:17,566 --> 00:48:18,186
no va a entrar

939
00:48:18,186 --> 00:48:19,326
anytime soon

940
00:48:19,326 --> 00:48:20,326
when you account

941
00:48:20,326 --> 00:48:21,186
para some de la vidente

942
00:48:21,186 --> 00:48:30,826
especially que la vida

943
00:48:30,826 --> 00:48:32,226
de 200,000 Satoshi

944
00:48:32,226 --> 00:48:33,106
es su fair share.

945
00:48:33,226 --> 00:48:33,286
So,

946
00:48:33,406 --> 00:48:35,266
you're a third

947
00:48:35,266 --> 00:48:36,206
of the way there, man.

948
00:48:36,326 --> 00:48:36,986
Come on.

949
00:48:37,326 --> 00:48:37,886
That's awesome.

950
00:48:38,306 --> 00:48:38,526
And so,

951
00:48:38,606 --> 00:48:39,046
then think about

952
00:48:39,046 --> 00:48:40,186
becoming a satillionaire.

953
00:48:40,266 --> 00:48:40,386
Hey,

954
00:48:40,446 --> 00:48:41,726
now I have 4x

955
00:48:41,726 --> 00:48:42,566
my fair share

956
00:48:42,566 --> 00:48:43,146
of the network.

957
00:48:43,686 --> 00:48:44,306
Could you imagine

958
00:48:44,306 --> 00:48:45,246
having 4x

959
00:48:45,246 --> 00:48:45,966
the amount of money

960
00:48:45,966 --> 00:48:47,826
that you would need

961
00:48:47,826 --> 00:48:48,626
to, like,

962
00:48:48,826 --> 00:48:49,546
be you?

963
00:48:49,846 --> 00:48:50,046
Yeah.

964
00:48:50,126 --> 00:48:50,786
You know what I mean?

965
00:48:50,826 --> 00:48:51,146
Like,

966
00:48:51,166 --> 00:48:51,606
if you could say,

967
00:48:51,726 --> 00:48:52,826
here's how much Sam costs,

968
00:48:53,306 --> 00:48:54,726
and then at any point in time

969
00:48:54,726 --> 00:48:55,586
you have 4x

970
00:48:55,586 --> 00:48:56,086
the amount

971
00:48:56,086 --> 00:48:56,966
that you cost,

972
00:48:57,066 --> 00:48:57,346
I mean,

973
00:48:57,746 --> 00:48:58,326
I would feel

974
00:48:58,326 --> 00:49:00,346
so much more secure

975
00:49:00,346 --> 00:49:02,206
if I had 4x

976
00:49:02,206 --> 00:49:03,426
lo que es costo a ser me.

977
00:49:03,706 --> 00:49:04,366
I would be like

978
00:49:04,366 --> 00:49:06,446
way less canker sores

979
00:49:06,446 --> 00:49:07,066
in the mouth,

980
00:49:07,626 --> 00:49:09,026
way less gray hairs

981
00:49:09,026 --> 00:49:10,306
appearing in the head

982
00:49:10,306 --> 00:49:10,706
and the beard,

983
00:49:10,786 --> 00:49:11,506
although I think

984
00:49:11,506 --> 00:49:12,426
it looks good to get old.

985
00:49:13,266 --> 00:49:14,686
Yeah, that's nice.

986
00:49:14,886 --> 00:49:16,466
The mighty oak tree

987
00:49:16,466 --> 00:49:18,746
is much more handsome

988
00:49:18,746 --> 00:49:20,566
than the sapling.

989
00:49:23,686 --> 00:49:24,166
Noted.

990
00:49:24,346 --> 00:49:24,566
Right?

991
00:49:25,066 --> 00:49:26,146
Yeah, sure.

992
00:49:26,306 --> 00:49:26,886
Trees look better

993
00:49:26,886 --> 00:49:27,466
when they get old.

994
00:49:28,006 --> 00:49:28,886
I mean, I think so.

995
00:49:28,966 --> 00:49:29,986
I don't think we can make

996
00:49:29,986 --> 00:49:31,706
that parallel to humans,

997
00:49:31,706 --> 00:49:33,086
pero sí, sí, sí, sí.

998
00:49:33,166 --> 00:49:35,166
Funnily enough, en Old Norse kenning

999
00:49:35,166 --> 00:49:36,846
en la poeta, for a man es tree.

1000
00:49:37,186 --> 00:49:39,226
Cuando se trata de esta vie en Old Norse

1001
00:49:39,226 --> 00:49:41,146
poetry, se trata de un hombre.

1002
00:49:41,426 --> 00:49:42,486
¿Qué dicen para una mujer?

1003
00:49:42,886 --> 00:49:43,526
La misma cosa.

1004
00:49:44,206 --> 00:49:45,506
Men y mujeres, I mean, technically

1005
00:49:45,506 --> 00:49:46,926
Odin made

1006
00:49:46,926 --> 00:49:49,286
man y mujer from dos

1007
00:49:49,286 --> 00:49:50,786
old trees que se desvazen en el sur.

1008
00:49:52,066 --> 00:49:53,066
Bueno, que es exciting.

1009
00:49:53,166 --> 00:49:54,066
Carved out of wood, folks.

1010
00:49:55,326 --> 00:49:56,686
You got your hummus,

1011
00:49:56,946 --> 00:49:58,466
you got your pack of cards,

1012
00:49:58,726 --> 00:50:01,206
you got your squillian satoshis.

1013
00:50:01,206 --> 00:50:02,206
Oh gosh, so many.

1014
00:50:02,546 --> 00:50:04,966
Where can our folks go here

1015
00:50:04,966 --> 00:50:05,966
if they want to spend more time

1016
00:50:05,966 --> 00:50:07,706
with our very own

1017
00:50:07,706 --> 00:50:09,846
daily flagship editor,

1018
00:50:10,806 --> 00:50:11,746
number 180 Sam?

1019
00:50:12,506 --> 00:50:14,406
Well, I also make YouTube.

1020
00:50:14,506 --> 00:50:15,486
I haven't done it in a while.

1021
00:50:15,706 --> 00:50:17,406
It's Samuel Cruz Serrano.

1022
00:50:17,726 --> 00:50:19,626
It's mostly covers that I do

1023
00:50:19,626 --> 00:50:21,526
when I play The Electric.

1024
00:50:22,286 --> 00:50:24,986
I do have a podcast

1025
00:50:24,986 --> 00:50:26,686
that I haven't done in a year yet.

1026
00:50:26,906 --> 00:50:29,766
It was mostly talking to

1027
00:50:29,766 --> 00:50:35,366
uh what was it jeez i haven't done it in a while it was mostly talking to professions

1028
00:50:35,366 --> 00:50:42,586
basically getting inside their heads asking difficult questions to them because i feel like

1029
00:50:42,586 --> 00:50:49,006
uh not a lot of people talk about it and some people just like fresh out of 18 fresh out of

1030
00:50:49,006 --> 00:50:52,586
high school they just go into the workforce and sometimes they don't know what they're getting

1031
00:50:52,586 --> 00:50:54,486
into. So just asking

1032
00:50:54,486 --> 00:50:56,186
those questions to

1033
00:50:56,186 --> 00:50:58,346
professionals, basically. Oh, okay.

1034
00:50:58,766 --> 00:51:00,486
And that one's called SS Podcast.

1035
00:51:01,246 --> 00:51:02,206
So, yeah.

1036
00:51:02,446 --> 00:51:04,026
Nice. That's good. Yeah.

1037
00:51:04,306 --> 00:51:06,546
So Sam will link that in the show notes

1038
00:51:06,546 --> 00:51:07,226
for himself.

1039
00:51:08,446 --> 00:51:10,226
Since he puts together the show notes,

1040
00:51:10,386 --> 00:51:12,806
Sam will be sure to put Sam's information

1041
00:51:12,806 --> 00:51:14,566
in the show notes. Absolutely. Let's

1042
00:51:14,566 --> 00:51:16,466
go. Alright? Let him know, dude.

1043
00:51:16,486 --> 00:51:18,546
Oh, that is fantastic. Alright,

1044
00:51:18,606 --> 00:51:20,526
Abes. Alright, Satillionaires, if you

1045
00:51:20,526 --> 00:51:22,446
have enjoyed today's

1046
00:51:22,586 --> 00:51:24,466
multilingual

1047
00:51:24,466 --> 00:51:26,546
episode.

1048
00:51:26,866 --> 00:51:27,946
Click the subscribe button.

1049
00:51:28,366 --> 00:51:30,566
Your chance to win this silver coin

1050
00:51:30,566 --> 00:51:32,346
that Stuart is acting as Vanna White.

1051
00:51:32,766 --> 00:51:34,566
It has Satoshi on one side

1052
00:51:34,566 --> 00:51:36,586
and a QR code for 50,000 stats

1053
00:51:36,586 --> 00:51:38,566
on the other side thanks to

1054
00:51:38,566 --> 00:51:39,966
CryptoLink Coins.

1055
00:51:40,206 --> 00:51:40,886
And Rob.

1056
00:51:42,046 --> 00:51:44,566
Number 100 and...

1057
00:51:45,166 --> 00:51:46,626
60 or 170

1058
00:51:46,626 --> 00:51:47,806
or something.

1059
00:51:47,806 --> 00:51:48,726
I think he's 190.

1060
00:51:48,946 --> 00:51:49,626
We'll put it down there.

1061
00:51:50,606 --> 00:51:51,606
It'll be below.

1062
00:51:51,606 --> 00:51:53,306
No, he can't be 190 because Sam is 180.

1063
00:51:55,206 --> 00:51:56,586
Oh, episode 190.

1064
00:51:56,746 --> 00:51:57,366
Yeah, yeah, maybe.

1065
00:51:58,186 --> 00:51:58,466
All right.

1066
00:51:58,986 --> 00:52:00,426
However, you will get this coin

1067
00:52:00,426 --> 00:52:01,906
or you'll be entered into this coin

1068
00:52:01,906 --> 00:52:04,386
when we head to 3,000 subscribers.

1069
00:52:05,306 --> 00:52:06,306
So click the subscribe.

1070
00:52:06,886 --> 00:52:08,766
And if you'd like to find out more ways

1071
00:52:08,766 --> 00:52:09,886
that you can support this show,

1072
00:52:10,006 --> 00:52:11,566
you can do so in our show notes.

1073
00:52:12,086 --> 00:52:13,806
Either come on the show as a guest

1074
00:52:13,806 --> 00:52:15,406
or you can sponsor.

1075
00:52:15,706 --> 00:52:17,446
So we like both of those options.

1076
00:52:18,126 --> 00:52:20,326
And Sat Chats is for educational purposes only

1077
00:52:20,326 --> 00:52:22,306
y no se construyó como financiación.

1078
00:52:23,446 --> 00:52:24,446
Y a las redes sociales.

1079
00:52:25,106 --> 00:52:26,106
Y hasta la próxima.

1080
00:52:26,966 --> 00:52:27,946
¡Suscríbete al canal!

1081
00:52:28,306 --> 00:52:28,906
¡Bye!

1082
00:52:29,526 --> 00:52:29,686
¡Bye!

1083
00:52:30,106 --> 00:52:31,826
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1084
00:52:32,046 --> 00:52:33,066
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1085
00:52:33,146 --> 00:52:33,646
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1086
00:52:33,646 --> 00:52:33,706
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1087
00:52:33,706 --> 00:52:34,146
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1088
00:52:34,146 --> 00:52:35,046
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