I recorded my first podcast yesterday talking about bitcoin and the state of the world for 3 hours was so much fun lol! The world is really becoming a crazy place where random people on the internet are now open to chatting and sharing their thoughts I love it
@Cesc0410 in November 2021
I’ve been thinking a lot about gold and how people compare it to #Bitcoin and I don’t think they are that similar Yes there are some similarities but I think where bitcoin is different is actually what makes it better than good - https://thebitcoinmanual.com/articles/bitcoin-beats-precious-metals-money-goes-bad/ I smashed out a more detailed post of my thoughts on my blog if anyone wants to read it and give their take on the subject I would really appreciate it
If you have Bitcoin and you don’t need to sell it because you can still fund your life through your fiat job then you really have no excuse to sell your bitcoin. Sure you can and I’m sure many will but they’ll be making a big mistake in my view - https://thebitcoinmanual.com/articles/why-selling-btc-losing-game/ Check out my latest post on why selling and trading BTC is a bad idea if you looking to maximise your profits
If your only objection to using Bitcoin is the fact that it’s “expensive” to move and the fees aren’t what you like then you only have yourself to blame. Not learning how to use second layer solutions, not learning how to manage your UTXO sets and not checking block capacity is part of being your own bank YOU are responsible for your money and you alone so you’re not pointing fingers at Bitcoin you telling yourself you are incompetent or lazy No ones going to handle your…
Went to visit a friend who started growing his own weed! Look how awesome his plants are looking, soon he’ll be able to harvest
I’ve been without banking services for 7 days now lol it’s been quite the journey I’ve had to adapt and use what cash I had and I could have asked someone to help me out but I thought it was a good challenge I can see how dependant we are on the banks and why we need to break away from it! It’s so important to have money and funds that only you have access to and only you have a say in Especially in times of uncertainty
If you’re tired of the podcast circle jerk and want to hear from people who aren’t trying to sell you anything then check out this poddy some great banter - https://m.youtube.com/watch?v=uD6F7C3480I&t=6919s
I turned on the TV 📺 which I hardly do because it’s mostly rubbish and this catfish UK show is on and man the people on these shows are either a level of stupid that is beyond my comprehension or they are all grifters looking for a 15 minutes of fame I don’t know what to make of this, I can’t see how people would do this to themsleves lol am I missing something?
I find it so weird how people will share the amount of crypto or Bitcoin they have online with complete strangers like why make yourself a target for criminals and scammers? As this thing becomes a bigger part of the worlds wealth advertising your holdings becomes more and more dangerous as these criminals can see you as a soft target
Squid game has been the talk of the internet for some time now and I’m always glad to see non American movies and series get the praise it deserves And it makes me wonder what other countries are producing great stories but because they don’t have the marketing and budgets of The US that it never reaches the public What is your favourite non-US film? Or tv series?
Am I the only one who has gotten tired of all the price action of the bull market? I feel like it’s all people talk about these days and nothing else matters! The protection of assets and learning about holding your own money is thrown out the window - https://thebitcoinmanual.com/articles/why-i-hate-bitcoin-bull-markets/ The media, the influencers and the scams, it’s just so much noise and I feel like we’re not focusing on the right things which is defunding the state and…
I checked out Tom hanks new movie Finch which is on Apple TV right now. His a top actor who I always enjoy watching and the concept seemed solid! It seemed to draw from movies I liked like I am legend, castaway and it had potential but man was this movie a let down. It started off strong and set the foundation but man The ending was so unsatisfying it’s like they didn’t know how to finish it so they just left it open ended and hope that if it does well they can do a sequel…
I am hearing rumours that Zimbabwe could be the next nation to adopt bitcoin as a legal tender currency and they will the First Nation in Africa if they do go through with it Living close to this country and knowing how bad it’s been there I really hope thy do go through with it so they can get back on track
Bitcoin took a whole 2 weeks to smash through the previous all time high it set around 20 october and seems to be on a rampage. This thing is powering through despite all the FUD and attacks and doesn’t seem like it’s going to be stopped anytime soon $69 420 is on the way While the price action is great for those who believe in it I’m kinda sad I’m getting less Sats for my money lol but hey good problem to have I suppose! I’ll keep stacking as long as I have fiat left
Bitcoins market cap continues to grow from strength to strength it’s now holding more value than the Swiss franc and it’s fast approaching the value of the entire silver market It only needs to flip a few of the FANG stock companies before it goes after gold and this growth seems to be getting faster and faster it’s actually scary how this thing keeps running Do you think Bitcoin will flip silver before the end of the year?
In a bull market most of the talk and focus is on price and when the price will move up and people start to take more risk! They forget about security, they leave money in exchanges and aren’t focused on securing their coins - https://thebitcoinmanual.com/articles/the-importance-of-a-regular-btc-security-check/ I think this is a big mistake as their are people looking to grab your coins should you make a mistake! I’m moving my coins to cold storage because I want more…
The US inflation numbers came out today and it’s far exceeded the 2% target they were going for and has headed to 6.2% which is insanely high I know a lot of us don’t understand the gravity of these numbers but it means your money loses half its value over a 12 year period The amount of wealth that is being destroyed is scary and I myself feel very uneasy about this, I don’t know how we recover from this without some serious pain
What do you think of Facebook rebranding into meta and pushing this AR and VR world? Do you think we’ve become so soft that we will accept it and prefer to live in a. Digital world or do we reject it and remember that life is lived away from the screen? Are you a meta verse fan or a meatverse fan?
Everytime I go to the store which I try to limit ive noticed prices are slowly starting to increase by bigger amounts even things like Netflix which was usually the same price for many years has now gone up! I’ve asked friends and family if they noticed many don’t some do and those that do don’t really care they accept it for it what it is I always wondered why Venezuelans and Zimbabweans never left before their currencies collapsed but now I understand it’s a slow creep and…
With bitcoin skyrocketing in price over such a short space of time a lot of people are sitting on gains they would like to enjoy but cannot without some serious tax implications - https://thebitcoinmanual.com/articles/what-is-a-bitcoin-backed-loan/ One way to try and get around some of it is to borrow against your bitcoin and use the debt instead of cashing in! It also means you can secure your position and pay it back with cheaper fiat over time Have you thought of taking…
So Bitcoins taproot upgrade finally goes live and it brings with it a host of new privacy features, cost saving on chain fees and smart contract ability to the bitcoin base chain and support for second layers I am keen to see how this upgrade gets used in the next few months! I think we are going to see bitcoin native DEFI services take off What do you think?
In the game of building wealth they say time in the market is far more important than timing the market ➡️https://thebitcoinmanual.com/articles/bitcoin-rewards-patience-consistency/ This isn’t more true than in the case of #bitcoin while most are distracted by shitcoins thinking they can trade these markets those who are slowly, consistently and methodically stacking BTC are going to be the ones that win this game long term Yes there will be a few gamblers who win abs their…
I checked out the latest movie on Netflix called Red Notice! It’s their big budget film for the month and one of their biggest releases of the year, when Netflix took this movie that cost $200 million to make from Universal pictures It stars the Rock, Ryan Reynolds and Gal Gadot as the star power but I have to say all three are no lead actors and it shows they are so limited in their acting and the script borrows heavily from other movies! It seems like a rehash of something…
I checked out the latest #marvel movie in Venom, I watched it over 2 days because I fell asleep the first time. It was really disappointing and I feel marvel is just pushing these out because they now have a big enough fan base to make a profit without doing much work The movie hardly pushed the story forward or build on the character. The villain is was again pretty forgetful and this movie was only here to move Venom into the marvel universe now and set it up for the new…
Learning about money is a complex topic so #Bitcoin would naturally be as complex to understand - https://thebitcoinmanual.com/articles/does-bitcoin-have-inflation/ As the world deals with inflation it and deflation it can be hard to get to grips with what it all means! I’ve put together a post on #inflation versus #deflation and what it means for Bitcoin so it’s a bit easier to understand Have a look at my latest post and let me know if you have any questions happy to…
If you’ve been following #bitcoin news this past few weeks you’ll know that an #ETF is the talk that’s been making the rounds and driving some of this bullish price action. But what the hell is an ETF? - https://thebitcoinmanual.com/articles/what-is-a-bitcoin-eft/ You can find a full break down of what an ETF is, it’s pros and cons and why some are excited about it and others hate it
I went to the store today to look for new soccer boots because mine is starting to break and I am shocked at the prices they charge! The last time I bought boots I paid around R1500/$100 and now there is nothing you can really buy for under R3500/$210 It’s crazy how quickly prices are rising and how is anyone supposed to keep up? Why would anyone be buying these things at these prices? I am hoping this madness comes to a resolve soon because I can’t justify paying these…
If you ever wondered why #Bitcoins price increases against fiat currency or why you need to spend less Bitcoin each year to buy something then check out my break down - https://thebitcoinmanual.com/articles/does-bitcoin-have-inflation/ In this post I explain what bitcoins inflation rate is, why it is different to other currencies inflation rates! How bitcoin leverages deflation and why deflationary forces are good for humans Have a look and feel free to leave a comment or…
It’s Braai time baby
Have you ever wondered why so many content creators focus on shitcoins and very few creators focus on bitcoin? ➡️ https://thebitcoinmanual.com/articles/the-temptation-for-content-creators-to-shitcoin/ If you get into the digital asset space you will bombarded with tokens and content creators shilling them getting you to buy them is their game! As long as you not buying bitcoin ans buying their coin that’s what they want as well as the people that pay them The smarter content…
Twitter and Square CEO Jack Dorsey has announced that they have set up funding for an open source Bitcoin DEFI exchange - https://thebitcoinmanual.com/articles/square-announce-a-bitcoin-dex-whitepaper/ The project known as TbDEX has released its white paper but not much detail on how it will operate or what it will look like, but it’s a step in the right direction Jack realzies square and cash app have its limits and defi backed by bitcoin has far more reach! I’ve put…
Yesterday someone asked me about #stocks and wanting to invest to try and preserve some of her purchasing power! She understood that her money isn’t going as far as it used to and she has to do something about it However she didn’t entertain Bitcoin because she feels it’s too risky and volatile and she doesn’t understand it yet I find it so funny the excuses and the lazy arguments against bitcoin and why people want to invest in things that will be second best
We’ve seen the rise of meme stocks over the last 2 years but also meme coins with #doge and #shiba inu taking the lead on this front and moving into the top 10 -https://thebitcoinmanual.com/articles/meme-coins-cryptocurrency/ Now some may think this is funny or find some rationale for this but to me it just shows how weak any of these other coins actually are abs they have no fundamental value! If two meme coins can capture more value than 99% of these other coins, then do…
I try to not complain as much as possible and soldier on but sometimes I really wonder if we are getting a better standard of living! My dad is on the side that nothing has changed and we have the same chance he had growing up. That inflation is not a problem and that we’re all just lazy I don’t know I feel different, I feel like that completely dismisses all this generation has to fight for, it dismisses all the damage the previous generations have done stealing from future…
If you’ve heard about #bitcoin then you probably already know that it has a hard cap of 21 million coins and that there will never be any more - https://thebitcoinmanual.com/articles/does-bitcoin-have-limited-supply/ But what does it mean to have a limited or finite supply of something? Why did Satoshis choose to have a hard cap? In this post I go through bitcoins limited supply theory and why it is set up the way it has and why the hard cap is so important to the entire…
As #Bitcoin increases in price so too does all its other denominations, namely the satoshi! The #satoshi is 1 of 100 million smaller bites of a bitcoin - https://thebitcoinmanual.com/articles/how-many-satoshis-is-1-of-my-fiat-currency-worth/ Now that bitcoin is moving into prices that very few people can afford the satoshi is starting to make a lot more sense to use as a unit of account when compared to other countries local currency How much is 1 of your local currency…
I’ve been watching dexter new blood for the last 3 weeks and while an interesting show it’s by no means a dexter classic! I don’t like to judge a series before I’ve seen all the episodes and this one can go either way. It’s no longer about Dexter dealing with his inner demons but more him trying to cover his arse for the slip up he made! It’s more of a cat and mouse game between dexter and the authorities but there seems to be another sub plot emerging that they’ve been…
Satoshi was naturally the first person to mine #bitcoin since he built the system and owns around 1 million coins - https://thebitcoinmanual.com/articles/what-would-happen-if-satoshi-nakamoto-sold-all-his-bitcoin/ Now that is worth billions and if his still alive he could become the richest person on the planet as bitcoin keeps increasing in price! If his dead and the keys are lost then that’s a lot of Bitcoin that is now removed from circulation and lost forever Now 1…
Looking at how the price of electricity, petrol and gas is increasing even though supplies are increasing with new power generation we seeing life get more expensive - https://thebitcoinmanual.com/articles/inflation-pushing-africans-dark-ages/ When energy gets more expensive it directly impacts your quality of life and pushes you further into poverty It’s awful to see and we really need to look at ways of reducing energy cost and I think Bitcoin does this! Check out my…
It’s been reported that in South Africa 🇿🇦 a new variant of COVID has been found and it’s called the “super variant” lol it really feels like they making things up ag this point and trying to keep the fear going I am so over this now, and I think we need to all accept that this is over and move on! I have gone back to normal and do everything I would normally do and refuse to change! I’ve given 2 years of my life for this and I think that’s more than enough
Due to the volatility of #Bitcoin we’ve seen many people automatically think it’s some kind of stock that trades on traditional markets - https://thebitcoinmanual.com/articles/when-does-bitcoins-market-close/ I’ve had many people ask me about the bitcoin stock and the bitcoin company and it goes to show how few people understand this technology Bitcoin isn’t a #stock it’s markets never close and they can be accessed by anyone in the world at anytime It’s a game changer when…
Just finished watching the New #southpark post covid special and it’s freaking hilarious it’s nice to see someone making good comedy again and not afraid to tell it like it is Can always trust the team at South Park to give us an honest and funny take on current events I really enjoyed this one and I highly recommend it! Can’t wait for part 2 next month
A lot of drama is made around the fact that Bitcoin uses a lot of electricity. We hear the media cry about it all the time oh it used more than this county or that county -https://thebitcoinmanual.com/articles/why-bitcoin-use-electricity/ But it’s not like miners are stealing it they are paying for it. I think if people understood why Bitcoin needs energy and what the network uses it for it would make more sense to them I think Bitcoin is a net positive for the world and the…
So I’m a little confused now do hearts still give people tips from the tip pool or do we have to manually tip again with the free tips we are given? How does anyone keep up with what’s going on here?
A lot of people will get rich from buying #bitcoin and crypto but that doesn’t mean they will stay rich - https://thebitcoinmanual.com/articles/early-bitcoin-wealth-wasted/ If you don’t learn how to protect wealth you will never be able to keep it! Since these markets are so unpredictable and you can make a lot of money here loads of people will see major profits and not know what to do with them And it will be wasted the less you had to work for the wealth the less you…
I was looking for something interesting to watch and came across the #movie Wind River and I thought it looked like a good plot and I gave it a go and didn’t regret. The story is a bit of a dark one but it’s facinating right up until the end with a big finale! Jeremy Riener carries this movie and really shows his acting chops on this one I highly recommend if you haven’t already seen it
#DEFI has become super popular during this bull run it’s like how #ICO was for the 2017 run and more people are flocking to these scams to try and earn big pay outs - https://thebitcoinmanual.com/articles/fooled-defi-interest-rates/ The thing that attracts people to defi are these crazy high interest rates they promise you to get your lock your money In their system but the fact is these interest rates aren’t all they are cracked up to be In my latest post I break down how…
I see the Fold app is partnering with niantic the company that created Pokémon go to build a new app that will allow you to drop #satoshis in certain places and people can walk around and pick up #bitcoin with the app using the AR camera and location tagging I wonder how people are going to take to these Bitcoin treasure hunts
Every year more people get into #bitcoin without bothering to learn how it works and how to keep it safe - https://thebitcoinmanual.com/articles/how-bitcoin-can-be-lost/ If you’re too lazy to do the work and chasing quick riches you are likely to get burned and burned hard! Every year people lose money by leaving it on exchanges, sending it to unspendable addresses or lose access to their coins making bitcoin more scarce Bitcoin will continue to be destroyed by people and in…