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

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Number one, how to start Bitcoin the calm way.

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DCA, ignore the noise, and use dips like discounts.

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Ooh, number two, Bitcoin mining.

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What is it?

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Why does it matter?

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How can a normal person like you plug something in and get started?

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Number three, how to build a real Bitcoin life.

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Okay, today's guest, Alfredo, big TikTok NextBlock player, hands-on Bitcoiner, focused on mining.

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He's going to help you stack your first sats.

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

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A Bitcoin.

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The same way pennies are the smallest part of a dollar.

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At Sat Chats, we are building the world's biggest Bitcoin welcome center

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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 virtual studio is 184Alfredo.

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Let's...

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No stranger to sad chats or TikTok Next Block.

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Yes.

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Climbing up the ranks of the Chattillionaire leaderboard

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on Fridays at 11 a.m. is Alfredo.

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Alfredo, you are a big Bitcoiner.

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Can you remember what it was like for you

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to become a brand new Bitcoiner?

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Yeah, this all happened around the COVID time.

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you know, when COVID hit, I started to try to learn about the stock market. And, you know,

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because, excuse me, we were about to get laid off, you know, from our job and that. And I kept

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hearing on the market about Bitcoin, Bitcoin. So I decided to finally like look into it. And that's

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when I started getting books on reading. And the first book I read was The Bitcoin Standard.

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And once I read The Bitcoin Standard, I was pretty much hooked in. I pretty much was like,

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all right, I want to get involved in this.

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What's the next step?

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And I started to, you know, just keep researching into things I need to do.

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Where can I buy it?

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What do I need to do to store it?

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How do I store it?

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You know, learning and watching all kinds of podcasts and YouTube videos

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on how to store it and that.

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So that's pretty much, you know, how I got into it.

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So, yeah, go ahead.

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Man, we said the same time.

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Right now, we're insane.

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Yeah. So we had so many Bitcoiners come on and say that their entrance was the Bitcoin standard.

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I'm just curious because that was also the first book that I read.

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But I read that mainly because Chris and Stuart were talking about it.

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And I was like, okay, I feel like I need to read this book.

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I feel like I can do it.

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I can plow through and read this book on this thing that I've never even heard of.

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And I'm wondering, is it the easiest book to understand on Bitcoin?

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Or does it just lay out an argument really well?

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Like, what do you think that, like, why was that your first book?

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And were there some-

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Yeah, I think it lays out the argument of why we need Bitcoin

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and why we should be involved in Bitcoin.

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There's other good books out there.

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Like I've read Lynn Alden's book, Broken Money.

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I think that's a really good book for people who want to understand how money works,

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how all money in different parts of the world work.

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I've read The Big Print by Larry.

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I think that's a great book for new beginners to get involved with.

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It really just lays down fundamental, easy ways to understand

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what's going on with the economy, what's happening,

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and why you need to kind of get involved with Bitcoin.

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Another one I've read, Jeff Booth's book, Price of Tomorrow.

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I think that's an awesome book.

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It doesn't talk about Bitcoin, but it does give you the sense that once you start to learn about Bitcoin, that you need to be involved with Bitcoin because the future looks bright if you get involved with Bitcoin.

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Because once you start to understand that money can be depreciated, that money's not getting you much today, and you just learn that, okay, well, what do I want to do for my family?

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What do I want to do for my next generation, my grandson, my great-grandkids?

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You know, so and that's the way I, you know, have gotten into understanding reading these books, you know, and going down the rabbit hole with these books, you know.

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Plus, I read also Simply Bitcoin book is another good one.

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I usually give that one to people to read just so they can have a simple way to really understand Bitcoin, because it really just all about Bitcoin.

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Just understanding how to use it, what's mining about, what's wallets about, you know, the different wallets, hot, cold and that.

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So I think that's a great book for people to read, you know, to get involved.

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But I think definitely the Bitcoin standard is definitely the key book to if you want to really, you know, say, OK, I want to go into Bitcoin.

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Once you read it, it'll definitely make you want to go into Bitcoin.

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That's the way it worked for me, you know, so.

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When you were looking at Bitcoin during the pandemic as you were about to get laid off or felt like there was some job uncertainty there,

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Were you coming at Bitcoin as a way to potentially make some quick money to protect yourself?

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Were you looking at Bitcoin as like a way to save what money you had and protect it from money printing, you know, during a job outage?

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Or was it something else?

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No, it was more coming into it, looking at it for how do I make money?

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You know, I'm going to be laid off from my job, you know, so what do I do?

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And that's why I went to the library, got books on the stock market and started reading all kinds of books about how do you invest in the stock market.

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Started watching, what was it, CNMB Marketplace and Yahoo Finance and just trying to understand how to navigate the market so I can make money if I do get laid off from my job.

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So it's another way that I could secure myself of paying my rent, paying my car, paying things that I have to pay.

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I was listening to the Jack Mahler show.

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I've been listening to that recently, Alfredo.

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And he's been talking about...

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Is that Mailbag Monday?

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Yeah.

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I think it's really cool.

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Yeah, you've been really hot on that lately.

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I mean, I guess CEO of a gigantic company

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just hops on YouTube Live once a week

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and just says some real stuff.

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I mean, I think it's fascinating.

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Anyway, that level of direct access is wild.

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But anyways, what he has been teaching me, and I've been working on Lynn Alden's Broken Money as well.

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I've been kind of realizing in my Bitcoin journey, because I'm about two years in, that America has basically turned into a financial apparatus.

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Like, we kind of hollowed out the middle class.

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We hollowed out the working class.

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we shifted jobs to the financial services on the east coast and you know far future tech

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silicon valley vibes on the west coast and there's like not really much going on in the middle of the

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country and you know i know that you are um based on the form that you filled out with us kind of in

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the um you know you're you're in the space where you're you're not in finances you're not in tech

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You know, you're at risk of losing your job out of nowhere at the beginning of the pandemic because we're kind of messing everything up and hollowing it out and scooting it away.

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And your response to potentially losing your job is to try to figure out how to make money through the financial services industry that kind of is potentially part of the reason why your job was at risk in the first place.

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You know, like, do you ever feel frustrated at the current state of America?

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And do you feel like Bitcoin is a way to improve on that?

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Well, I mean, that all starts with in 2008 with the financial crisis.

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I mean, you know, there was a lot of worry moments there, you know, when a lot of people are losing their jobs.

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I mean, I got laid off and, you know, and actually that's a way that I too heard about Bitcoin.

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And, you know, when I got laid off then and went to school to try to figure out what was my next move to do.

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And I just decided to, you know, go to school, do this.

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And every time I see it, every time we have a financial crisis going on, it's just more and more you see that money is being devalued.

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And it's just like, OK, what do you do? What do you do?

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You know, you try to figure out how to invest in assets or invest in something to make some money so that you can, you know, do what you have to do to pay bills, to take care of your family, to make sure that the people around you are OK and happy.

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And, you know, and that just definitely, definitely just, you know, is a reason why I've gotten into Bitcoin.

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Just because I realized that money is broken.

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Money has no real value anymore.

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You know, as much as they can keep printing it, keep creating it, keep giving it to the wealthy, not, you know, eliminating, like you said, the middle class.

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It's just like, what do you do?

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What is the hope anymore?

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And to me, Bitcoin gives you hope of like you can build a brighter future for your family, for the next generation.

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And that's a big key for me is building wealth for my family, for the next generation.

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Sometimes, Alfredo, I feel like things are not looking so hot.

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and I think about previous times in history where they got to where they weren't so hot

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and I don't know exactly how much we can do to improve that before like you know the

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the ceiling drops out and I have this personal belief that I can if I can secure enough resources

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for me and my family, then we can like ride out whatever potential turbulence might be coming down

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the way. Yes. And for me, Bitcoin represents like a savings little nugget, you know, that I can have

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access to. Like, you know, I've read the big print by Larry Lepard as well. I mean, I try not to get

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two up in my head about like fourth turning, you know, nasty stretches and all that. But I'm like,

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I kind of want to prepare for it too, but it kind of wigs me out. Does that stuff wig you out? Do

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you think it's coming? Do you not think it's coming? I try not to get caught up in the doomsday

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scenarios of life because I've been hearing those all my life, you know, doomsday since I've been a

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kid, you know, it's going to be a nuclear war, you know, famines coming and this. I just try not

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to get caught up in that because I believe it's just the media and government propaganda and

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trying to scare us into, you know, believe in what they want because they want us to believe in them

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and believe in the system that's broken, you know, and they just want to keep pushing those agendas

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and that. So I try not to get into that anymore. I used to believe a little bit in that

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doomsday scenario stuff of like, you know, I want to get a bunker and go hide myself in a bunker.

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But when you really learn about it, the bunker is not going to save you. When you really understand

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what, you know, what happens with a nuclear bomb, a bunker is not going to save you.

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You can end up dying in the air and that.

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So, you know, so I just try to focus on the future.

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I'm trying to stay focused on helping people, getting people involved in Bitcoin,

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showing people there's a better way.

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There's a hope, you know, that we can have better.

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We can do better.

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We can be better.

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We can have abundant, you know, because that's what is the key, you know, to life.

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I think it's just people having abundant.

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So people aren't starving, people aren't poor, people aren't broken.

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You know, people are just happy with life and living their life and not worried about all this, you know, negative doomsday scenario of life.

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Alfredo, so I totally agree.

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I think like the abundance of life is something that we all crave.

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And there this mentality I think for most of the generations It like you work for a certain number of years and then you retire And when you retire you do whatever it is you want to do And I feel like millennials are trying to fast track that by like we can have side

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hustles, we can make, we can bring in more money, we can try to survive in a different

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way.

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We can beat the game.

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and we can have a chance to have a great life later

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and also still now.

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It's sort of like a,

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I don't think we think that retirement is a thing.

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No.

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Like I do not, I don't think that way.

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No.

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And I think the generation behind us,

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generations now behind us,

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don't think that way either.

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By behind us, do you mean like the younger generations?

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Yeah, yeah, yeah.

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Like they're younger than we are.

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That's what this is.

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Okay.

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Yeah.

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That's interesting.

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I would say the ones that are ahead of us

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because they came after us.

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But anyways, interesting how we think about it.

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You go up the tree and not downstream.

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Exactly.

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Right.

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Right.

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So I'm curious, like, what do you want to do in your abundance?

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Like, what does that look like for you?

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And how, like, what kind of, what role does Bitcoin play in that?

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well what i want to do to get to that point is just start teaching people more and more about

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bitcoin getting them to understand bitcoin um you know uh that and i believe that all starts with

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mining you know mining is the key to bitcoin and that's where it all first started what satoshi

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did is load up the protocol into a miner on his computer or something and started running it you

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know and that's key to you know bitcoin and me and my friend were trying to set up a meetup

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to start teaching people about Bitcoin.

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And we're trying to come up with some interesting names to name it.

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So people want to come and not just think it's Bitcoin.

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I don't want to come.

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You know, it's like we're trying to encourage people to want to learn.

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And I think that's, you know, key is getting people to learn is an abundant way.

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Another way is we're looking to try to build businesses and companies

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so that we can help people to get to ideas of abundant,

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like abundant electricity, abundant food, you know.

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So we're just trying to come up with these ideals so that we can make that happen.

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And even using our Bitcoin that we have, you know, we we've started kind of like our own little treasury of Bitcoin off to the side, me and my friends, so that we can build this business in Bitcoin so that we can help people.

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Because what we want to do is try to get people as much involved as we can by either giving them some Bitcoin or showing them about mining.

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And then that way they can use that Bitcoin to, you know, buy something, offer some kind of service for someone to come and help them fix something in their house or just, you know, buy some food or just anything.

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Get some health, better health care, you know, pay for cheaper health care, all that.

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So when I think abundance, you know, I just think that everything's going to be cheaper, you know,

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and everything is going to be for the masses, you know,

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and there's not going to be this supply limit and, you know,

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price gouging and all that.

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It's just that everybody will have a chance at something, you know,

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and I think that's a better way to go with life than being the way we are

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today where it's all about my, my, mine.

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And it's just like, to me, that's just a bad attitude to have.

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so if you want to teach others about bitcoin and believe that understanding begins with mining

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and we and i and i do see the ocean t-shirt so shout out to the bitcoin mechanic he came on the

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show great episode barely got even a scooch of the way through his bitcoin barely run nuts run

225
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nuts um what do our brand new bitcoiners hank and lorraine in the audience need to know

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in the simplest way possible about mining what's the what are the first couple of foundational

227
00:16:54,856 --> 00:17:00,896
elements that you believe are important for people to grasp about mining bitcoin

228
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um just buy one of the mining machines you know i have one right here

229
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you know just buy one of these little guys you know and just easy to set up there's nothing

230
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really hard they give you instructions on how to set it up you just plug in a pool or you know if

231
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you want a solo mine you may have to learn a little bit about that but that's not hard to learn and

232
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you know once you get one of these little guys and plug it in and get a wallet and put in your

233
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wallet address and there you go you're mining you know and I think that's the easiest way to go about

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it for people to learn. I mean, there's nothing too technical like most people think today still

235
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that it's so technical to their mind. And it's like, no, all you need to do is buy one of these

236
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little guys, have a wallet, put in your address, download a pool and plug it in and let it run.

237
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Let it do its thing. And are you doing that because you want to earn some Satoshis? Are you

238
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doing that because you want to support the Bitcoin network and make sure it continues? Or

239
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is it, you know, kind of like how Satoshi set it up? It's a little bit of both.

240
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It's a little bit of everything. I mean, it's running to get some Satoshis helping people.

241
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It's getting people into mining so it does secure the network because that's what we need.

242
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It's also trying to, another way of getting people into mining now, me and my friend want

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to create a business is getting people to mine, paying us for our service. If we like,

244
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we're thinking of different things to do, like doing lawn care or doing maintenance, you know,

245
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little people need little things fixed around the house, like a light ball or a light fixture,

246
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or, you know, their sink is leaking, or they got a hot water tank leak. And instead of paying us in

247
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cash and that, I'd rather you pay me in Bitcoin, pay me in Satoshi. So, you know, we're thinking

248
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of ways of doing it like that. Like you start mining with us. And then if you have a problem

249
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under, you know, we come up with some contract and we just come over, we fix what it is. You don't

250
00:18:52,836 --> 00:18:58,336
have to pay us. You just keep mining with us, you know, or you mine. And then if you want to pay us

251
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in however you feel the value is, then you pay us.

252
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We're just trying to help people along

253
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with getting in the mining and helping people

254
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with problems they may have

255
00:19:08,756 --> 00:19:12,836
because of today's prices are just getting more and more expensive.

256
00:19:13,056 --> 00:19:15,236
So try to find a way to help people understand

257
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that there is a cheaper way to help you to fix things,

258
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to get food, to get your light fixed,

259
00:19:21,736 --> 00:19:23,956
get your car fixed, things like that.

260
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So we're looking at ways of doing things like that.

261
00:19:28,336 --> 00:19:34,636
If I take you back to when you became a brand new Bitcoin or Alfredo, did that change you?

262
00:19:35,396 --> 00:19:39,376
Did that create new habits or new beliefs?

263
00:19:41,836 --> 00:19:48,396
Did your kind of perception of what's valuable to focus on change?

264
00:19:51,336 --> 00:19:53,536
No, I mean, I was already focused.

265
00:19:54,036 --> 00:19:56,796
You know, I have to bring religion in this, but I believe in God.

266
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You know, as long as you have a God in your heart, you know, you just got to pray and, you know, that.

267
00:20:02,316 --> 00:20:09,476
But no, Bitcoin really just changed the way I think about money, the way I look at money, the way I see how money works in the world.

268
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You know, the way it's unfair. There's no middle class pretty much anymore.

269
00:20:14,636 --> 00:20:18,176
You know, and that's really the idea that Bitcoin gave me.

270
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And Bitcoin gave me hope that I could help people, you know, do things for themselves that they think they can't do today because of inflation, because of everything is so expensive, you know.

271
00:20:30,036 --> 00:20:41,616
And I just want to try to show people that, you know, and that's what Bitcoin gave me to give me the hope to show people how this system works and how it's a better system than the fiat system we live in today.

272
00:20:41,616 --> 00:20:49,976
how have you like as you were growing in your bitcoin knowledge and on your bitcoin journey

273
00:20:49,976 --> 00:20:57,776
um did you find allies along the way or were you sort of screaming in an echo chamber and

274
00:20:57,776 --> 00:21:02,156
everyone's like please stop talking about this thing like like a little a little like stewart

275
00:21:02,156 --> 00:21:08,236
with kristen like saying bitcoin bitcoin bitcoin driven kitty came on and mocked her dad by saying

276
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Bitcoin, Bitcoin, Bitcoin, Bitcoin.

277
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That's what my dad says.

278
00:21:12,676 --> 00:21:17,576
And so did you like find a little tribe of people

279
00:21:17,576 --> 00:21:20,176
who were growing in their knowledge of Bitcoin

280
00:21:20,176 --> 00:21:22,876
or did you have to trailblaze on your own?

281
00:21:23,916 --> 00:21:25,336
I pretty much was on my own.

282
00:21:26,176 --> 00:21:28,076
When I started to learn about Bitcoin,

283
00:21:28,276 --> 00:21:30,116
you know, I started to learn from, like I said,

284
00:21:30,156 --> 00:21:32,936
from reading and watching YouTube videos and podcasts.

285
00:21:32,936 --> 00:21:36,036
But as I got learning about it and that,

286
00:21:36,136 --> 00:21:38,096
yeah, I tried to tell people about it,

287
00:21:38,096 --> 00:21:42,016
But again, people were like, oh, this thing, you know, it's a scam.

288
00:21:42,096 --> 00:21:43,016
It's a scam, you know.

289
00:21:43,076 --> 00:21:50,996
And I mean, I still try to talk to people today about it, but it's just it's still people just call it a scam, you know, and it's like, OK, you know.

290
00:21:50,996 --> 00:21:57,676
And a lot of that scam stuff just comes from the crap coins, you know, and people don't understand it and don't.

291
00:21:57,816 --> 00:21:59,336
Some people just don't want to understand.

292
00:21:59,796 --> 00:22:01,316
They, you know, believe in the dollar.

293
00:22:01,496 --> 00:22:03,736
But now I've been on it on my own, my journey.

294
00:22:03,736 --> 00:22:12,116
You know, I heard about Bitcoin in 2011 when I was, like I said, when I was going to school and that I was going for general studies and automotive technology.

295
00:22:12,496 --> 00:22:18,616
And I was in a computer lab and people were talking about it then when the Silk Road was going on at that time.

296
00:22:18,796 --> 00:22:26,376
And I kind of myself blew it off like it's a scam, you know, like, oh, no, this this thing sounds weird, you know.

297
00:22:26,376 --> 00:22:30,596
And then, you know, and then and then also in my journey, I'm going on my own.

298
00:22:31,136 --> 00:22:37,596
You know, before that, me and a couple of friends in 2016 tried to get involved with mining and Bitcoin.

299
00:22:37,776 --> 00:22:44,796
But we got caught up in the whole Bitcoin uses so much energy and it's going to earn the world or whatever, you know.

300
00:22:44,796 --> 00:22:54,656
And we didn't even get into it because we didn't go down the rabbit hole like I did in 2019 when I finally decided to say, OK, let me get a couple of ideas.

301
00:22:54,656 --> 00:22:59,836
Let me get a book. Let me watch this podcast and, you know, learn what Bitcoin is really about.

302
00:23:00,316 --> 00:23:03,896
And once I went down the rabbit hole, then I just kept going and going and going.

303
00:23:03,976 --> 00:23:07,156
And I'm still going today. I'm still going down the rabbit hole. I'm still learning.

304
00:23:07,476 --> 00:23:11,176
I'm still understanding. I'm still trying to understand everything about mining.

305
00:23:11,416 --> 00:23:20,416
There's a lot to understand. I mean, Ocean, they constantly are always, you know, giving you all kinds of things on mining and that.

306
00:23:20,416 --> 00:23:25,316
So I'm just like, OK, let me let me find out what's going on in this mining world right now.

307
00:23:25,316 --> 00:23:30,916
So I know what's going on and that. So but yeah, that's pretty much I've been on my own going down this rabbit hole.

308
00:23:30,916 --> 00:23:38,356
But preaching to people about Bitcoin, my friend that is involved with me trying to start a business with, you know, I preach to him.

309
00:23:38,496 --> 00:23:43,136
And once I hit that light bulb moment, you know, that's what I'm trying to do with people more.

310
00:23:43,236 --> 00:23:47,976
Now, when I talk to people about Bitcoin is just ask them questions about what they think about money.

311
00:23:47,976 --> 00:23:56,896
You know, and that all comes from watching videos from, you know, what is money from Robert Breedlove, you know, and Michael Sallar's episodes with him and that.

312
00:23:57,276 --> 00:24:03,576
And just ask people, what is money? And when people start to tell me, then I just ask them other questions like, well, what do you think about money?

313
00:24:03,676 --> 00:24:06,336
Why do you think money is this? Why do you think we have inflation?

314
00:24:06,876 --> 00:24:11,576
Why do you think, you know, why do you say that all the governments print, print, print, that's all they're going to do?

315
00:24:11,736 --> 00:24:17,016
But do you think there's something better we can do? Do you think there's something that is out there that can help us?

316
00:24:17,016 --> 00:24:25,696
And if I could try to just find that light bulb moment to help people to understand Bitcoin, then I'm always trying to figure that light bulb moment.

317
00:24:25,976 --> 00:24:37,476
And if I can give them, I always suggest things for them to read, books and stuff to read and that to try to help them along the way to the journey of where I came into Bitcoin and that so that it helps them along the way too.

318
00:24:38,896 --> 00:24:45,616
Did you start off trying to trade Bitcoin back in the early pandemic?

319
00:24:45,616 --> 00:24:51,016
Did you just go straight into dollar cost averaging once a week or once a month?

320
00:24:51,696 --> 00:24:56,376
What was your strategy to acquire Bitcoin as a brand new Bitcoiner?

321
00:24:56,576 --> 00:25:01,716
And have you learned anything since then that you kind of wish you had been doing since the beginning?

322
00:25:03,056 --> 00:25:08,636
Yeah, in the beginning, I kind of got caught up in some of the crap coins too.

323
00:25:09,096 --> 00:25:11,196
Because at that time, it was early still for me.

324
00:25:11,376 --> 00:25:12,276
I was still learning.

325
00:25:12,876 --> 00:25:16,116
So I started to trade them, you know, trying to catch the high, the low, you know.

326
00:25:17,016 --> 00:25:23,936
But eventually, once I started to learn about this and that I kind of more was in the Bitcoin just to save.

327
00:25:24,696 --> 00:25:28,476
That's where I learned, you know, over time, Bitcoin will grow.

328
00:25:28,976 --> 00:25:30,696
So I just wanted to save it for now.

329
00:25:30,776 --> 00:25:34,316
And then in the future, as I'm thinking, you know, OK, I could purchase this.

330
00:25:34,376 --> 00:25:39,196
I could buy this, you know, as long as I save my money and I got a better place to save my money.

331
00:25:39,536 --> 00:25:45,076
But all the crap coins in that, yeah, I tried to trade those and, you know, make money on them quick like everybody else did.

332
00:25:45,436 --> 00:25:52,496
But once I found out that they're pretty much a scam and, you know, it's all just a gambling game.

333
00:25:52,816 --> 00:25:54,396
It was like, I'm done with this.

334
00:25:54,436 --> 00:25:55,256
I don't want to gamble.

335
00:25:55,416 --> 00:26:13,632
I not a big gambler I really don care for gambling I don want to see people lose money You know I mean I got friends of mine that are millennials and they constantly gambling And I like dude you just you doing the wrong thing But they all you know they all hoping to get rich you know and they just have that get rich mentality you know

336
00:26:13,672 --> 00:26:21,532
And some of them are Bitcoin and some of them are a little in, you know, they got one foot in, one foot out, you know, you know, since I've talked to them and got them involved.

337
00:26:21,532 --> 00:26:24,852
But still, they're just thinking that, oh, man, when Bitcoin's going to go up?

338
00:26:24,852 --> 00:26:26,452
When Bitcoin's going to keep asking me that.

339
00:26:26,672 --> 00:26:31,212
But when I got involved with it, first got involved, no, I didn't really try to trade it.

340
00:26:31,272 --> 00:26:32,852
I just tried to trade the crap coins.

341
00:26:33,232 --> 00:26:40,232
I tried to save in Bitcoin more just because I knew that if I save and the price keeps going up, I can buy this.

342
00:26:40,312 --> 00:26:40,992
I could buy a house.

343
00:26:41,072 --> 00:26:42,352
I could buy some land.

344
00:26:42,452 --> 00:26:44,032
I could buy a new car.

345
00:26:44,252 --> 00:26:45,812
You know, I could take trips and that.

346
00:26:45,812 --> 00:26:51,272
So that's really what I got into Bitcoin was as a saving tool technology more than anything.

347
00:26:51,532 --> 00:27:01,632
i saw some content from uh nikki on maybe it was twitter she she's the one that does the gen z

348
00:27:01,632 --> 00:27:06,732
yeah the gen z style stuff yeah because you talked about how the millennial generation is

349
00:27:06,732 --> 00:27:13,312
kind of just like gambling and like gen z you know based on what she shared it's like even more so

350
00:27:13,312 --> 00:27:18,032
it's almost like exclusively what they think is going to help them make it in this world

351
00:27:18,032 --> 00:27:22,052
is just to like hit it big on their parlay or something.

352
00:27:22,052 --> 00:27:32,912
And, you know, encouragement to gamble on sports is like every other commercial on my streaming platforms right now,

353
00:27:33,072 --> 00:27:38,872
apart from medications that say they're going to cure a problem,

354
00:27:38,872 --> 00:27:42,752
but the side effect may also cause the problem all over again.

355
00:27:42,852 --> 00:27:43,792
It's like, ah, yes.

356
00:27:43,992 --> 00:27:45,232
What is going on here?

357
00:27:45,232 --> 00:27:55,192
you know with with with with gambling and with like get rich quick schemes it's like you know

358
00:27:55,192 --> 00:28:04,572
what man just stack sats and continue to work and continue to save and it happens slowly

359
00:28:04,572 --> 00:28:11,172
but it's sure to happen that's what I want to convey to brand new bitcoiners in the audience

360
00:28:11,172 --> 00:28:13,632
is like, guys, it's so simple.

361
00:28:13,952 --> 00:28:17,852
Instead of going down into the world of sports gambling

362
00:28:17,852 --> 00:28:21,072
or the world of the crypto casino

363
00:28:21,072 --> 00:28:23,752
and just trying to,

364
00:28:23,912 --> 00:28:26,152
or even the stock market can feel that way sometimes,

365
00:28:26,272 --> 00:28:27,912
depending on which platform you're on.

366
00:28:28,352 --> 00:28:31,772
It's like, just take the money

367
00:28:31,772 --> 00:28:34,492
that you can afford to not touch for a while,

368
00:28:34,772 --> 00:28:38,432
put it into Bitcoin and get back to your life, right?

369
00:28:38,432 --> 00:29:02,092
But then we run into moments like this where we are 42% off the all-time highs and suddenly people are now like, yeah, Stuart, but like what happens if I've been saving in Bitcoin for the past three to four months and my savings are down by 40%?

370
00:29:02,092 --> 00:29:07,612
I mean, you might as well throw $100 on tonight's game to see if you can make $1,000.

371
00:29:08,452 --> 00:29:11,492
How do you feel about this most recent dip?

372
00:29:11,592 --> 00:29:13,612
Have you gone through other dips before?

373
00:29:13,952 --> 00:29:18,552
Do you have advice for brand new Bitcoiners who are kind of dealing with their feelings?

374
00:29:18,672 --> 00:29:20,832
Or even pre-coiners who were like, you know what?

375
00:29:20,912 --> 00:29:23,312
See, that's why I'm never going to stack my first sats.

376
00:29:24,412 --> 00:29:29,012
I think you just have to basically go in with an attitude of dollar cost averaging.

377
00:29:29,012 --> 00:29:32,552
and just get into your first savings.

378
00:29:32,832 --> 00:29:33,932
Put $10 in.

379
00:29:34,292 --> 00:29:36,092
Like I tell some people, just put a dollar in.

380
00:29:36,532 --> 00:29:38,892
You can go on Cash App, buy it for a dollar,

381
00:29:39,472 --> 00:29:41,032
put in for a dollar, buy a dollar worth,

382
00:29:41,112 --> 00:29:42,732
buy $10 worth, just let it sit there.

383
00:29:42,852 --> 00:29:45,312
Let it see what it does for the next couple of years.

384
00:29:45,312 --> 00:29:48,212
And if you see you wanna get into it more,

385
00:29:48,312 --> 00:29:48,972
then buy more.

386
00:29:49,492 --> 00:29:52,392
But I just try to tell people the dollar cost averaging.

387
00:29:53,172 --> 00:29:56,312
Don't get scared of the volatility in Bitcoin.

388
00:29:56,512 --> 00:29:58,132
It's just part of the nature right now

389
00:29:58,132 --> 00:30:02,052
because you have people who are just trying to sell it out

390
00:30:02,052 --> 00:30:05,712
or you have big corporations trying to fluctuate the price a little bit

391
00:30:05,712 --> 00:30:08,172
to scare people out so they can buy more cheaper.

392
00:30:09,012 --> 00:30:10,692
But no, I buy the dip.

393
00:30:10,852 --> 00:30:12,692
You know, I buy the dip.

394
00:30:12,852 --> 00:30:14,532
I think this is a great opportunity to keep buying.

395
00:30:14,672 --> 00:30:15,812
I'm still buying.

396
00:30:15,892 --> 00:30:16,992
I buy every day I can.

397
00:30:17,172 --> 00:30:19,852
You know, anytime I got some money, anytime I'm earning some money,

398
00:30:19,872 --> 00:30:21,692
I just take it and I buy Bitcoin.

399
00:30:21,852 --> 00:30:24,472
After I pay all my bills, I buy Bitcoin.

400
00:30:24,732 --> 00:30:26,532
So I'm just buying the dip.

401
00:30:26,532 --> 00:30:31,212
I think this is a great opportunity to get in for a lot of, you know, no Bitcoiners.

402
00:30:31,612 --> 00:30:33,632
I think it's a great opportunity to just buy.

403
00:30:33,732 --> 00:30:38,792
Like I said, buy a dollar worth, buy a $10 worth, buy a hundred dollars worth and just sit on that if you want.

404
00:30:38,852 --> 00:30:41,452
Just let it go and see what happens, you know.

405
00:30:41,512 --> 00:30:47,392
And I guarantee Bitcoin is going to go up, you know, and it's going to go down, but it's going to go up.

406
00:30:47,552 --> 00:30:53,572
And even if it does go up, you know, I mean, when you really learn about Bitcoin, you know, you're not worried about the price, you know.

407
00:30:53,572 --> 00:30:58,972
and I'm not really worried about the price because how I understand Bitcoin, I'm Bitcoin is my money.

408
00:30:59,372 --> 00:31:01,332
Bitcoin is the money I'm going to use for the future.

409
00:31:01,672 --> 00:31:07,572
Bitcoin is the money I'm trying to teach my kids, my grandkids about the future of because that's their money, you know,

410
00:31:07,572 --> 00:31:10,232
and I really don't care too much about the price.

411
00:31:10,352 --> 00:31:14,452
But if you want to get in and you want to chase the price action, then this is a perfect time to get in.

412
00:31:14,732 --> 00:31:17,432
Because say in the next year or so, the price goes up.

413
00:31:17,492 --> 00:31:19,932
Now you're $100 turned into $110.

414
00:31:20,452 --> 00:31:22,252
So you gain an investment, you know.

415
00:31:22,252 --> 00:31:45,212
But if it goes down a little bit, just sit there. I mean, you know, to say this, I have a bet with a friend. What was it back in 2023? He was talking to me. We were going through the scam thing with, you know, all the scam coins. And I have a bet and I bet him $100. He puts $100 in a savings account.

416
00:31:45,212 --> 00:31:48,812
At that moment, I think the interest rate was two point something.

417
00:31:49,312 --> 00:31:50,852
And I put $100 in Bitcoin.

418
00:31:51,272 --> 00:31:54,172
And in 10 years from then, he's got to pay me up.

419
00:31:54,352 --> 00:32:02,192
So, you know, and he's got to pay me up because my Bitcoin is up and his savings account is pretty much nowhere.

420
00:32:03,492 --> 00:32:04,572
So, you know.

421
00:32:05,532 --> 00:32:10,692
It's actually less than nowhere because they've printed money since the beginning of that bet, right?

422
00:32:10,692 --> 00:32:18,352
So I keep thinking too about how you focus on a more abundant mindset.

423
00:32:18,712 --> 00:32:20,192
My dad's the same way.

424
00:32:20,872 --> 00:32:30,952
He talks about how, you know, his cup overfloweth, which is, you know, that is like a Bibble level thing that's going on there.

425
00:32:32,252 --> 00:32:32,812
Biblical?

426
00:32:33,112 --> 00:32:34,412
Is that what you tried to say?

427
00:32:34,552 --> 00:32:34,892
Or did you?

428
00:32:35,112 --> 00:32:36,072
The bibs.

429
00:32:36,192 --> 00:32:36,652
The bibs.

430
00:32:36,652 --> 00:32:37,532
Come from the bibs.

431
00:32:37,572 --> 00:32:37,892
Okay.

432
00:32:37,892 --> 00:32:39,472
I just needed to clarify.

433
00:32:40,072 --> 00:32:40,172
Okay.

434
00:32:40,172 --> 00:32:55,552
It's coming from the Bibble. So, you know, when I think about the future, Alfredo, I kind of view Bitcoin as a savings account for me and for my son and for my daughter, for my grandkids, for my great grandkids.

435
00:32:55,552 --> 00:32:59,732
when I think about an abundant style of mindset,

436
00:32:59,732 --> 00:33:05,152
because it is so easy to get sucked down into doom scrolling,

437
00:33:05,952 --> 00:33:09,852
into news headlines, you know, into,

438
00:33:10,272 --> 00:33:11,712
hey, here's what I want.

439
00:33:11,812 --> 00:33:14,172
You know, people focus more on what's wrong than what's right.

440
00:33:14,172 --> 00:33:19,992
So that's pretty much what we get fed by traditional and online sources, right?

441
00:33:20,192 --> 00:33:23,172
Which is really rough.

442
00:33:23,172 --> 00:33:35,792
But when I zoom out from that, you know, we got we got Elon making a thousand starships that he wants to shoot at planet Mars.

443
00:33:36,032 --> 00:33:40,132
Sure. With humans on top. Like that's amazing.

444
00:33:41,192 --> 00:33:48,932
That is something. Yeah. You know, we do have the ability to cure quite a good, clean amount of diseases these days.

445
00:33:48,932 --> 00:33:50,612
and if you

446
00:33:50,612 --> 00:33:51,652
you know

447
00:33:51,652 --> 00:33:52,852
saw our episode

448
00:33:52,852 --> 00:33:53,712
with Brandon

449
00:33:53,712 --> 00:33:55,172
mushrooms

450
00:33:55,172 --> 00:33:57,272
and fungi

451
00:33:57,272 --> 00:33:58,352
or fungi

452
00:33:58,352 --> 00:33:59,892
are master

453
00:33:59,892 --> 00:34:00,632
chemists

454
00:34:00,632 --> 00:34:01,112
that

455
00:34:01,112 --> 00:34:02,072
are

456
00:34:02,072 --> 00:34:02,932
you know

457
00:34:02,932 --> 00:34:04,132
gonna help us

458
00:34:04,132 --> 00:34:05,712
live even longer

459
00:34:05,712 --> 00:34:06,852
and be even healthier

460
00:34:06,852 --> 00:34:08,332
and it's a whole wild world

461
00:34:08,332 --> 00:34:08,912
out there

462
00:34:08,912 --> 00:34:11,292
I do think that

463
00:34:11,292 --> 00:34:12,152
the internet

464
00:34:12,152 --> 00:34:13,952
kind of took

465
00:34:13,952 --> 00:34:15,552
all these different

466
00:34:15,552 --> 00:34:16,952
pockets of information

467
00:34:16,952 --> 00:34:17,792
and kind of

468
00:34:17,792 --> 00:34:22,112
unlock them to where everyone can access them.

469
00:34:22,472 --> 00:34:24,592
And these days I have artificial intelligence

470
00:34:24,592 --> 00:34:28,012
that's helping me get stronger physically.

471
00:34:28,452 --> 00:34:32,372
It's helping me deal with my mind

472
00:34:32,372 --> 00:34:35,292
when there's too many thoughts and fears

473
00:34:35,292 --> 00:34:37,452
and competing priorities going on.

474
00:34:37,692 --> 00:34:41,532
It's helping me stay out of trouble with my wife, right?

475
00:34:42,112 --> 00:34:44,312
It's helping me build more powerful decks

476
00:34:44,312 --> 00:34:46,072
with my Magic the Gathering collection.

477
00:34:46,212 --> 00:34:46,772
Let's be honest.

478
00:34:46,772 --> 00:34:47,372
Thankfully.

479
00:34:47,892 --> 00:34:52,152
I mean, my Lathril deck was insane this weekend

480
00:34:52,152 --> 00:34:55,392
using cards only in my own collection, thanks to AI.

481
00:34:55,612 --> 00:34:56,052
Nuts.

482
00:34:56,372 --> 00:35:00,172
So I feel like we are headed for a better future on the whole.

483
00:35:00,992 --> 00:35:06,012
I also know that our money supply is just going to get worse over time.

484
00:35:06,012 --> 00:35:25,872
So Bitcoin can help me and my kin kind of make it through this next stage of humanity until we can all kind of upgrade as a human race to better money, right?

485
00:35:25,872 --> 00:35:37,012
Like, I don't really feel the need to predict any kind of disaster moment where, you know, Lynn Alden's kind of nothing can stop this train, Larry Lippard's the big print, fourth turning stuff.

486
00:35:37,312 --> 00:35:50,532
My hope is that we will all see that Bitcoin is superior long before the fiat game kind of blows up in the nation state's face, right?

487
00:35:50,532 --> 00:35:55,992
so that's where yeah and that's where i think that you know i think that people need to start

488
00:35:55,992 --> 00:36:01,272
more the bitcoin community we just need to start building more in bitcoin you know and that's one

489
00:36:01,272 --> 00:36:05,792
thing that i'm seeing that some of us are not doing because we're too busy arguing about certain

490
00:36:05,792 --> 00:36:10,132
things or certain politics and i just really think that we need to just start building and showing

491
00:36:10,132 --> 00:36:15,132
people that when we build this though you know like they used to say it was the same they say a

492
00:36:15,132 --> 00:36:18,872
long time when i was a kid if you build it they will come you know and i feel like that's what we

493
00:36:18,872 --> 00:36:22,512
need to start doing more is just build things. And that's what me and my friend are trying to do

494
00:36:22,512 --> 00:36:26,972
with our businesses. We're trying to build things where we want to build a community. We want to

495
00:36:26,972 --> 00:36:32,412
build it where people, you know, have abundant food and that, you know, build a community where

496
00:36:32,412 --> 00:36:37,232
people just have electricity that's abundant, you know, and, and things like that, build the

497
00:36:37,232 --> 00:36:43,032
community of, you know, just having all kinds of things go on, you know, and people just getting

498
00:36:43,032 --> 00:36:47,652
along and helping each other along the way, you know, fixing things and that, and that's where

499
00:36:47,652 --> 00:36:55,892
I think more we just need to build a circular economy in Bitcoin, you know, and that's what me and my friend are trying to build a circular economy.

500
00:36:56,232 --> 00:37:01,672
And we want to start, you know, building that because I think that'll show people what Bitcoin is.

501
00:37:01,752 --> 00:37:15,772
You know, once you get that circular economy going and, you know, you can go over here and buy eggs or buy a pair of pants or buy this or get your hair cut or, you know, buy this or fix this or get new windows in your house and that.

502
00:37:15,772 --> 00:37:20,852
And I just think we need to really, really start building a circular economy more and more in Bitcoin.

503
00:37:21,072 --> 00:37:27,752
And that's where I think, too, we need to start, you know, getting into the lessons of just trying to reach people by teaching.

504
00:37:28,172 --> 00:37:31,772
And, you know, that's what your channel is for, you know, and I love what you guys do.

505
00:37:31,872 --> 00:37:35,252
You know, you guys are really reaching people and showing people about Bitcoin.

506
00:37:35,432 --> 00:37:43,352
And I think that's what we need more and more in the Bitcoin community and stop having all this divide and nonsense and just focus on the main goal.

507
00:37:43,352 --> 00:37:47,152
getting out of the broken system because the system is broken.

508
00:37:48,292 --> 00:37:49,192
Yeah, yeah.

509
00:37:49,312 --> 00:37:56,252
I would love to see a local Bitcoin economy

510
00:37:56,252 --> 00:37:59,832
where it could even be down to the level of like

511
00:37:59,832 --> 00:38:02,272
just a small neighborhood, you know,

512
00:38:02,632 --> 00:38:04,872
up there in the state of New York

513
00:38:04,872 --> 00:38:08,872
where the individual homeowners in that community

514
00:38:08,872 --> 00:38:12,332
are kind of swapping Satoshi's back and forth for,

515
00:38:12,332 --> 00:38:20,112
Like how cool would it be if some dad pays another dad's kid some Satoshis to mow the lawn?

516
00:38:20,432 --> 00:38:21,192
You know what I mean?

517
00:38:22,132 --> 00:38:23,672
Like that would be so cool.

518
00:38:23,772 --> 00:38:28,692
And then, yeah, like you said, take it down to the local baker, get you a loaf of bread for some Satoshis.

519
00:38:28,812 --> 00:38:40,312
I mean, for me, one of the most powerful aspects of Bitcoin is the fact that you can completely sidestep the current system

520
00:38:40,312 --> 00:38:44,932
and just go back to, you can kind of go forward into a more futuristic world,

521
00:38:45,052 --> 00:38:49,512
but you can also kind of go backward to a time like in the Middle Ages

522
00:38:49,512 --> 00:38:52,332
where you had some gold and silver coins.

523
00:38:52,332 --> 00:39:26,928
The government could not print those or control it in any meaningful way The government needed to kind of provide services or protection to these to these you know regular people in the town and the countryside in exchange for their taxes to but the taxes were then used to kind of continue to provide those services So you know it almost like governments had razor thin profit margins so to speak unless there was you know a corrupt individual in power

524
00:39:27,428 --> 00:39:29,948
Arguably, I think the government shouldn't have profit margins.

525
00:39:31,148 --> 00:39:31,708
But carry on.

526
00:39:32,088 --> 00:39:39,528
Well, the point I'm trying to make here is it just feels super powerful for me,

527
00:39:40,088 --> 00:39:45,848
for individuals to exchange their money one to the other directly

528
00:39:45,848 --> 00:39:50,248
and be able to count on it to be as good as it was when they gave it away.

529
00:39:50,788 --> 00:39:51,108
You know what I mean?

530
00:39:51,108 --> 00:39:52,828
That's the whole white paper.

531
00:39:52,988 --> 00:39:56,768
I mean, Satoshi wrote peer-to-peer electronic cash systems.

532
00:39:56,928 --> 00:40:05,108
So, you know, and that's what Bitcoin is about, being peer to peer with each other, you know, exchanging Bitcoin from one another to one another to one another.

533
00:40:05,108 --> 00:40:10,028
So and that's the beauty of the technology. I don't have to go through no third party.

534
00:40:10,148 --> 00:40:16,328
I don't have to go to the bank, withdraw my money and pay you for something I want or write a check.

535
00:40:16,448 --> 00:40:18,448
You know, that's kind of old to me, too.

536
00:40:18,588 --> 00:40:26,108
You know, and I think, you know, what Satoshi created with Bitcoin is a beautiful, great thing, a hopeful thing, you know.

537
00:40:26,108 --> 00:40:37,508
And I just hope more and more Bitcoiners build and design things in Bitcoin, you know, and that way we'll keep reaching people and people keep coming and realizing what Bitcoin really is.

538
00:40:37,508 --> 00:40:39,828
is there

539
00:40:39,828 --> 00:40:41,388
that makes me think of

540
00:40:41,388 --> 00:40:43,128
like just wonder

541
00:40:43,128 --> 00:40:44,248
is there like a

542
00:40:44,248 --> 00:40:44,808
a website

543
00:40:44,808 --> 00:40:45,968
or a service already

544
00:40:45,968 --> 00:40:46,848
that collects

545
00:40:46,848 --> 00:40:48,248
um

546
00:40:48,248 --> 00:40:50,408
uh

547
00:40:50,408 --> 00:40:51,708
businesses

548
00:40:51,708 --> 00:40:52,948
that are like

549
00:40:52,948 --> 00:40:54,328
from

550
00:40:54,328 --> 00:40:56,388
yard people

551
00:40:56,388 --> 00:40:57,568
to plumbers

552
00:40:57,568 --> 00:40:58,568
to HVAC

553
00:40:58,568 --> 00:40:59,448
like

554
00:40:59,448 --> 00:41:00,488
service workers

555
00:41:00,488 --> 00:41:00,828
that

556
00:41:00,828 --> 00:41:02,548
that will

557
00:41:02,548 --> 00:41:03,708
that will accept

558
00:41:03,708 --> 00:41:04,648
Bitcoin

559
00:41:04,648 --> 00:41:06,008
I've been looking

560
00:41:06,008 --> 00:41:07,068
I would love that

561
00:41:07,068 --> 00:41:07,388
yeah

562
00:41:07,388 --> 00:41:08,608
Yeah, I've been looking for that.

563
00:41:09,208 --> 00:41:10,888
It's like, what is that website?

564
00:41:11,348 --> 00:41:12,028
Angie's List?

565
00:41:12,208 --> 00:41:15,588
You know, like, hire someone to come in and, you know, they do some work.

566
00:41:15,928 --> 00:41:17,148
It would really be Satoshi's List.

567
00:41:17,288 --> 00:41:17,888
That would be cool.

568
00:41:18,028 --> 00:41:18,448
That would be cool.

569
00:41:19,008 --> 00:41:19,408
Nice.

570
00:41:19,888 --> 00:41:20,388
I like the name.

571
00:41:20,908 --> 00:41:27,428
I've seen on Noster once or twice a map of all the retail places,

572
00:41:27,608 --> 00:41:30,348
like coffee shops and restaurants that will accept Bitcoin.

573
00:41:30,448 --> 00:41:32,568
But I haven't seen, like, a services list.

574
00:41:32,648 --> 00:41:33,028
Yeah, exactly.

575
00:41:33,028 --> 00:41:33,988
Even in Cash App.

576
00:41:34,228 --> 00:41:35,528
Yeah, you have it in Cash App, too.

577
00:41:35,528 --> 00:41:38,148
You have a, where all the services is now,

578
00:41:38,228 --> 00:41:39,668
because Jack Dorsey opened that up

579
00:41:39,668 --> 00:41:42,468
and you can see where they accept Bitcoin for coffee

580
00:41:42,468 --> 00:41:44,428
or a sandwich or something, you know?

581
00:41:44,968 --> 00:41:45,308
Right.

582
00:41:45,588 --> 00:41:46,708
Hmm, very cool.

583
00:41:46,968 --> 00:41:47,188
Yeah.

584
00:41:47,468 --> 00:41:48,748
Well, I would like to see-

585
00:41:48,748 --> 00:41:49,788
Maybe I had a noodle on that.

586
00:41:49,848 --> 00:41:50,988
That's going to be Alfredo's list.

587
00:41:51,088 --> 00:41:51,568
Angie's list, yeah.

588
00:41:51,848 --> 00:41:52,568
You need to make that.

589
00:41:52,868 --> 00:41:54,948
Alfredo's, forget Angie, we need Alfredo's list.

590
00:41:55,268 --> 00:41:55,808
Alfredo's list.

591
00:41:56,268 --> 00:41:59,308
Now, Alfredo, there's so much to Bitcoin

592
00:41:59,308 --> 00:42:00,888
that it's clear we'll never fit it

593
00:42:00,888 --> 00:42:02,368
into a single chat about sats.

594
00:42:02,368 --> 00:42:05,088
So we do ask each of our guests

595
00:42:05,088 --> 00:42:08,788
if they'd be willing to come back on in nine months

596
00:42:08,788 --> 00:42:11,188
to give us an update on their Bitcoin baby.

597
00:42:11,308 --> 00:42:12,548
Would you be willing to do that?

598
00:42:13,208 --> 00:42:13,928
Yes, sure.

599
00:42:14,548 --> 00:42:15,228
Let's go.

600
00:42:15,748 --> 00:42:15,948
Fantastic.

601
00:42:15,948 --> 00:42:18,948
Now, in a minute, we're going to ask you to give us your two sats

602
00:42:18,948 --> 00:42:23,008
so that we can kind of give brand new Bitcoiners a peek

603
00:42:23,008 --> 00:42:25,528
into what you think is going to happen over the next nine.

604
00:42:25,748 --> 00:42:27,168
But before we do that,

605
00:42:27,648 --> 00:42:30,228
we need to have ourselves a couple of num-nums over here.

606
00:42:30,228 --> 00:42:30,728
A little.

607
00:42:30,728 --> 00:42:40,268
all the asmr uh so this is our our by the dip moment sponsor Ithaca hummus

608
00:42:40,268 --> 00:42:48,408
uh reminding us to buy the dip which is a really lovely time it's been nice that our by the dip

609
00:42:48,408 --> 00:42:54,008
moment sponsor has had so many opportunities for that to be spot on we we've really worked

610
00:42:54,008 --> 00:42:59,528
hard on by the dip Ithaca by the dip by the dip by the dip all right so we are tasting in the

611
00:42:59,528 --> 00:43:05,528
studio as your virtual taste buds the lemon dill here we go cheers cheers

612
00:43:05,528 --> 00:43:24,428
that dill flavor is so bright so bright it's herbaceous oh look at you with the words you

613
00:43:24,428 --> 00:43:29,088
know what i want mouthfeel it's good it's good it's creamy it's good yeah and kind of what came

614
00:43:29,088 --> 00:43:29,868
to me, Alfredo,

615
00:43:29,888 --> 00:43:30,408
is the first time

616
00:43:30,408 --> 00:43:30,888
it's happened.

617
00:43:31,328 --> 00:43:32,288
As I was staring

618
00:43:32,288 --> 00:43:33,308
at that fat glob

619
00:43:33,308 --> 00:43:34,708
of lemon dill.

620
00:43:34,928 --> 00:43:35,248
Mm-hmm.

621
00:43:35,448 --> 00:43:35,768
Mm-hmm.

622
00:43:36,808 --> 00:43:37,888
I want to make

623
00:43:37,888 --> 00:43:39,548
some deviled eggs

624
00:43:39,548 --> 00:43:40,428
with this stuff.

625
00:43:40,628 --> 00:43:41,768
Ooh, interesting thought.

626
00:43:41,908 --> 00:43:42,148
Like,

627
00:43:42,428 --> 00:43:42,888
because I know

628
00:43:42,888 --> 00:43:44,368
there's like a mayonnaise step

629
00:43:44,368 --> 00:43:46,228
in the deviled egg moment

630
00:43:46,228 --> 00:43:46,988
with the yolks

631
00:43:46,988 --> 00:43:47,788
and the mayonnaise

632
00:43:47,788 --> 00:43:48,348
and other stuff.

633
00:43:48,448 --> 00:43:48,668
Mm-hmm.

634
00:43:48,908 --> 00:43:49,308
Personally,

635
00:43:49,468 --> 00:43:50,308
I think Ithaca hummus

636
00:43:50,308 --> 00:43:51,388
could kill mayonnaise.

637
00:43:52,168 --> 00:43:52,368
Mm-hmm.

638
00:43:52,488 --> 00:43:53,348
You've been a believer

639
00:43:53,348 --> 00:43:54,308
in that for quite some time.

640
00:43:54,408 --> 00:43:55,248
I think Ithaca hummus

641
00:43:55,248 --> 00:43:57,008
could end that condiment

642
00:43:57,008 --> 00:43:57,868
for life.

643
00:43:57,868 --> 00:44:00,788
and specifically with the lemon dill

644
00:44:00,788 --> 00:44:02,728
because it's got that herby note, right?

645
00:44:02,868 --> 00:44:03,408
Yeah, yeah, yeah.

646
00:44:03,408 --> 00:44:06,308
I think that would go really well with eggs.

647
00:44:06,388 --> 00:44:11,888
And if I could make a Ithaca hummus lemon dill deviled egg,

648
00:44:11,948 --> 00:44:13,368
I bet that would slap.

649
00:44:14,048 --> 00:44:16,168
Well, I think that you should do that.

650
00:44:16,748 --> 00:44:18,868
You should just go ahead and experiment about that

651
00:44:18,868 --> 00:44:20,148
and tell the folks at home.

652
00:44:20,748 --> 00:44:23,908
Well, Annabella knows intimately how I work.

653
00:44:24,328 --> 00:44:27,908
Now that I've solved the problem by having the idea.

654
00:44:28,248 --> 00:44:28,988
It's done.

655
00:44:29,428 --> 00:44:30,528
I'm no longer interested.

656
00:44:30,868 --> 00:44:31,508
No longer.

657
00:44:31,528 --> 00:44:33,828
I'll never actually do that myself.

658
00:44:34,388 --> 00:44:37,908
But somebody should do it and let us know how it goes.

659
00:44:37,968 --> 00:44:41,448
Because personally, my contribution is I had the idea.

660
00:44:42,068 --> 00:44:43,268
Now here you are.

661
00:44:43,408 --> 00:44:44,048
Right, right.

662
00:44:44,148 --> 00:44:46,428
Alfredo, have you ever had any Ithaca hummus?

663
00:44:47,308 --> 00:44:48,588
No, I haven't yet.

664
00:44:49,488 --> 00:44:52,128
Was our show the first time you ever heard about it?

665
00:44:52,708 --> 00:44:53,048
Yes.

666
00:44:53,368 --> 00:44:53,988
Yes, it was.

667
00:44:54,308 --> 00:44:54,908
Yes, it was.

668
00:44:55,668 --> 00:44:58,108
Dude, especially up there in upstate New York, man.

669
00:44:58,148 --> 00:45:00,188
You got to rep this Ithaca hummus, man.

670
00:45:00,208 --> 00:45:02,208
I actually seen it in the store and I meant to buy it,

671
00:45:02,208 --> 00:45:04,768
but then I forgot to go back and get some.

672
00:45:05,108 --> 00:45:06,988
But once I go again to the store,

673
00:45:07,068 --> 00:45:08,428
I definitely got to get some and try it.

674
00:45:09,048 --> 00:45:09,668
A hundred percent.

675
00:45:09,808 --> 00:45:10,128
Absolutely.

676
00:45:10,428 --> 00:45:11,848
And then come back to your episode

677
00:45:11,848 --> 00:45:13,448
and tell us what flavor you got

678
00:45:13,448 --> 00:45:14,748
and how much you loved it.

679
00:45:15,008 --> 00:45:15,328
Yes.

680
00:45:15,388 --> 00:45:16,868
Well, maybe I'll just try it on the episode

681
00:45:16,868 --> 00:45:18,008
with you guys next time, too.

682
00:45:18,148 --> 00:45:18,508
Yeah.

683
00:45:19,088 --> 00:45:19,908
There we go.

684
00:45:19,908 --> 00:45:22,988
And honestly, and I don't want to overwhelm Anna Bevin here,

685
00:45:23,388 --> 00:45:27,828
but I'm hoping that maybe not by your nine-month Bitcoin baby update.

686
00:45:27,908 --> 00:45:28,268
Thank you.

687
00:45:28,448 --> 00:45:32,648
But by your 18-month Bitcoin toddler update,

688
00:45:32,728 --> 00:45:37,388
we're in a place where we can just send you a drone

689
00:45:37,388 --> 00:45:40,168
that has Ithaca hummus attached to it.

690
00:45:40,668 --> 00:45:41,088
And it'll just...

691
00:45:41,088 --> 00:45:41,628
That would be cool.

692
00:45:41,968 --> 00:45:45,128
It'll just boomerang onto your front stoop and be like,

693
00:45:45,128 --> 00:45:47,508
okay, hey, your episode's in five minutes.

694
00:45:47,608 --> 00:45:48,748
This sucker's fridge cold.

695
00:45:48,888 --> 00:45:49,728
Like, here we go, baby.

696
00:45:49,908 --> 00:45:50,608
That's exciting.

697
00:45:50,948 --> 00:45:51,868
That would be cool.

698
00:45:51,988 --> 00:45:54,068
How advanced and elite would that be?

699
00:45:54,068 --> 00:45:58,808
I will go on that dream exploration with you.

700
00:45:58,888 --> 00:46:00,708
That sounds very elite.

701
00:46:00,788 --> 00:46:01,068
Okay.

702
00:46:01,668 --> 00:46:02,168
Talk to you.

703
00:46:02,348 --> 00:46:03,908
We're dreaming about certain things

704
00:46:03,908 --> 00:46:06,068
that are about 18 months from now or so.

705
00:46:06,348 --> 00:46:06,748
Yes.

706
00:46:07,088 --> 00:46:07,708
Know what I mean?

707
00:46:07,948 --> 00:46:08,648
Yeah, I love that.

708
00:46:08,668 --> 00:46:08,968
Right?

709
00:46:09,068 --> 00:46:09,248
Yeah.

710
00:46:09,328 --> 00:46:11,608
We're just trying to build things up more

711
00:46:11,608 --> 00:46:12,828
than they currently are.

712
00:46:12,908 --> 00:46:13,088
Correct.

713
00:46:13,088 --> 00:46:15,168
You know, around the 18 month.

714
00:46:15,528 --> 00:46:16,248
Around it.

715
00:46:16,328 --> 00:46:16,548
Right?

716
00:46:16,688 --> 00:46:17,368
See what I did there?

717
00:46:17,368 --> 00:46:17,808
All right.

718
00:46:17,808 --> 00:46:21,548
Now, it's time for your two sats, Alfredo.

719
00:46:22,008 --> 00:46:28,788
What do you think is going to happen over the next nine months that a brand new Bitcoiner should start caring about now?

720
00:46:31,248 --> 00:46:36,008
I just think that, you know, in nine months, Bitcoin is just going to keep growing.

721
00:46:37,148 --> 00:46:41,608
I see that, you know, the price will be whatever it is for people who want to get in.

722
00:46:41,648 --> 00:46:42,748
And I think they should just get in.

723
00:46:42,748 --> 00:46:47,288
This is a great opportunity because who knows, in nine months, the price may go up.

724
00:46:47,288 --> 00:46:55,088
And then if you're a person looking to, you know, invest and try to get some kind of money to help you, that would be the time to get in as time as now.

725
00:46:55,628 --> 00:47:02,528
I think, you know, next future or so nine months, I just think Bitcoin's going to continue to do what it does.

726
00:47:02,728 --> 00:47:05,808
I think it's just going to show people more and more what it's about.

727
00:47:05,948 --> 00:47:09,548
And more and more people are just going to get involved as time goes on.

728
00:47:09,688 --> 00:47:14,628
So I think that'll happen in the next, you know, so months, nine months or so.

729
00:47:16,628 --> 00:47:17,028
Exactly.

730
00:47:17,188 --> 00:47:18,088
Yeah, I think you're right.

731
00:47:18,288 --> 00:47:19,988
I totally agree with your two sats.

732
00:47:20,608 --> 00:47:23,268
Bitcoin's adoption rate is only going to go up.

733
00:47:24,128 --> 00:47:26,588
And the more we keep teaching people about it,

734
00:47:26,648 --> 00:47:27,728
you know, the more, like I said,

735
00:47:28,168 --> 00:47:30,888
me and my friend are really trying to start a Bitcoin meetup

736
00:47:30,888 --> 00:47:33,968
once we come off our shift from our job and that.

737
00:47:34,748 --> 00:47:36,408
We're hoping to start it in April.

738
00:47:36,988 --> 00:47:39,348
If not, May is definitely the time I want to start it.

739
00:47:39,388 --> 00:47:41,808
And I just want to start a meetup about Bitcoin mining

740
00:47:41,808 --> 00:47:43,468
and teach people about mining.

741
00:47:43,748 --> 00:47:44,548
And hopefully that'll,

742
00:47:44,848 --> 00:47:46,848
and we have another meetup we want to try.

743
00:47:46,848 --> 00:47:50,608
We think we want to try earning mine up because a lot of people don't know you can earn Bitcoin.

744
00:47:51,288 --> 00:47:54,408
And we want to show people that you can earn Bitcoin all kinds of different ways.

745
00:47:54,808 --> 00:47:58,908
There are so many ways to earn it. And that's another way. And you don't have to put no money into it.

746
00:47:59,128 --> 00:48:02,488
You could just earn it. You know, and I think that's another way to get people involved.

747
00:48:02,828 --> 00:48:12,608
And then there's games for kids in that, too, which, you know, I would like to try to reach kids more with these games to show them that instead of playing this game that you're playing, that you're not earning anything.

748
00:48:12,608 --> 00:48:17,408
you're just playing, you could actually earn some income by playing this game and, you know,

749
00:48:17,428 --> 00:48:21,808
then do whatever you want with your income, you know? So, but we're trying to work on two meetups

750
00:48:21,808 --> 00:48:27,508
and hopefully we can get those going soon. I think, so I saw a game that does let you actually

751
00:48:27,508 --> 00:48:35,068
earn sats. Simply has one. Yeah. I don't understand how they can do that. Yeah. Simply

752
00:48:35,068 --> 00:48:42,348
Bitcoin, I think if I recall correctly, they have a game where they, like you can earn sats by like

753
00:48:42,348 --> 00:48:44,648
getting to the next level or what have you.

754
00:48:45,928 --> 00:48:48,748
So that could be, that would be a great resource if you.

755
00:48:49,688 --> 00:48:51,368
There's a company called Thunder Games

756
00:48:51,368 --> 00:48:53,148
that I try to get people involved with.

757
00:48:53,568 --> 00:48:56,128
They got a cool couple of little games on there for kids

758
00:48:56,128 --> 00:48:58,268
and for adults, they got Solitary.

759
00:48:58,848 --> 00:49:00,968
I know a lot of older people like to play Solitary.

760
00:49:01,408 --> 00:49:02,748
So when I talked to them about Bitcoin,

761
00:49:02,888 --> 00:49:04,328
I'm like, look, well, you can earn some Bitcoin

762
00:49:04,328 --> 00:49:07,448
playing Solitary instead of just playing Solitary for free.

763
00:49:07,908 --> 00:49:10,648
And I've gotten quite a few older people

764
00:49:10,648 --> 00:49:12,828
into playing the game and earning some Bitcoin.

765
00:49:13,448 --> 00:49:14,388
And it's worked out.

766
00:49:14,448 --> 00:49:16,688
And I got a couple of kids involved with playing.

767
00:49:16,888 --> 00:49:18,628
They got a race game, a snake game.

768
00:49:19,108 --> 00:49:20,608
You know, there's other ones.

769
00:49:20,768 --> 00:49:22,668
But unfortunately here in New York,

770
00:49:22,668 --> 00:49:26,628
we have a restriction because of the New York Bit license.

771
00:49:27,408 --> 00:49:29,528
It doesn't allow a lot of these gaming companies

772
00:49:29,528 --> 00:49:30,568
to come here and operate.

773
00:49:30,848 --> 00:49:34,448
So I can't show, you know, the kids these other games

774
00:49:34,448 --> 00:49:35,648
like Fortnite and that,

775
00:49:35,688 --> 00:49:37,528
that you can actually earn some Bitcoin.

776
00:49:38,048 --> 00:49:39,928
But there's quite a few ways to earn Bitcoin,

777
00:49:39,928 --> 00:49:45,008
Even shopping, there's apps that I have where you buy stuff online and you earn Bitcoin.

778
00:49:45,728 --> 00:49:46,168
Lolly.

779
00:49:46,288 --> 00:49:47,348
Lolly's a good one.

780
00:49:47,488 --> 00:49:47,728
Yep.

781
00:49:47,868 --> 00:49:49,028
That's definitely a good one.

782
00:49:49,188 --> 00:49:50,668
So I use Lolly.

783
00:49:51,268 --> 00:49:54,028
I've tried to show a lot of young people that shop online.

784
00:49:54,268 --> 00:49:57,628
These days they use Lolly because you can earn Bitcoin that way.

785
00:49:58,588 --> 00:50:03,708
And I have an app called Esmile where you walk and you earn Bitcoin.

786
00:50:04,268 --> 00:50:06,248
And I think that's a great thing.

787
00:50:06,248 --> 00:50:09,648
Every day that you're moving, your phone is in your pocket and it's not in your hand.

788
00:50:09,648 --> 00:50:11,548
and you're walking or you're running,

789
00:50:11,988 --> 00:50:13,188
you can earn some Bitcoin, you know?

790
00:50:13,248 --> 00:50:15,468
And I try to promote these things to show people

791
00:50:15,468 --> 00:50:17,988
you can earn Bitcoin without having to put any money

792
00:50:17,988 --> 00:50:19,948
into Bitcoin if you want to get some Bitcoin.

793
00:50:21,028 --> 00:50:21,708
That's wild.

794
00:50:21,868 --> 00:50:23,328
I will be downloading that app soon.

795
00:50:24,128 --> 00:50:26,788
Alfredo, where can our Satillionaires go

796
00:50:26,788 --> 00:50:28,708
if they want to spend more time with you

797
00:50:28,708 --> 00:50:29,728
after this episode?

798
00:50:30,808 --> 00:50:32,348
You can find me on Primal.

799
00:50:32,808 --> 00:50:34,968
You can find me under the name Biddy Cents.

800
00:50:35,788 --> 00:50:37,648
That's the name I came up with.

801
00:50:37,648 --> 00:50:39,268
Being in New York, 50 cents,

802
00:50:39,268 --> 00:50:41,568
you know, a bit of sense, you know, think of that.

803
00:50:41,668 --> 00:50:42,568
That's how I came up with the name.

804
00:50:43,028 --> 00:50:44,668
Or you can find me on Club Orange.

805
00:50:44,948 --> 00:50:46,488
It used to be called the Orange Pill app.

806
00:50:46,868 --> 00:50:49,188
I'm on there in the same, under the same name, Bitty Sense.

807
00:50:49,508 --> 00:50:52,548
And on X, I'm on X on BittyScent21.

808
00:50:54,128 --> 00:50:55,408
Wow, I love that.

809
00:50:55,608 --> 00:50:56,208
I like that.

810
00:50:56,348 --> 00:50:57,248
Yeah, very exciting.

811
00:50:58,188 --> 00:51:02,308
All right, Cotillionaires, if you have enjoyed today's show,

812
00:51:02,428 --> 00:51:07,928
click the subscribe button at your chance to win this collectible silver coin.

813
00:51:07,928 --> 00:51:14,288
it has satoshi on one side and then a qr code uh with 50 000 sats on the other and it is from

814
00:51:14,288 --> 00:51:21,568
our friends at coin or crypto link coins when we get to 3 000 subscribers if you would like to find

815
00:51:21,568 --> 00:51:27,568
out more ways to support the show either grab your slot in the studio or sponsor you can do so in our

816
00:51:27,568 --> 00:51:32,788
show notes below and sat chats is for educational purposes only and should not be construed as

817
00:51:32,788 --> 00:51:35,608
financial advice and our guest views are

818
00:51:35,608 --> 00:51:41,428
yeah all right

819
00:51:41,428 --> 00:51:47,808
keep stacking them slabs

820
00:51:47,808 --> 00:51:49,768
slabs of sex

821
00:52:02,788 --> 00:52:32,768
Thank you.
