The 1 Bitcoin Show- Libra hearing eve! Mnuchin speaks, Tether, gold, Litecoin & the Dolphins, Q&A!


Hello everyone this is adam meister the
bitcoinmeister the disrupt meister welcome to the one bitcoin show today is
July the 15th 2019 strong hand be a unique beast Val your wealthy big coin
bit coin having hype i’m confiscate about one bitcoin equals one bitcoin it
does say strong hand on this shirt doesn’t it i think it does
you get shirts like this they’re linked to below five digit realm oh yeah get
used to it yes sometimes anyway one bitcoin equals one bitcoin personal
responsibility is a new counterculture okay dudes where’s everybody at I’m in
Tel Aviv Israel everybody in the chat if you got a question type in
bitcoinmeister if you want me to visit your city in 20 20 or 20 21 or 20 22 put
in your city with big Corbin Meister I’ll give your city a shout-out and I’ll
consider coming there in the future and let’s sit some like really back anyway
guys I’ll consider so let let us start the show but remember you can follow me
on Twitter te CH be ELT check out all the archives sports meister comm is
where all my podcasts are if you don’t want to see this face you just want to
hear I don’t blame you se I mean why do you want to see my face you want to hear
the show learn from the show it’s not about fancy sets and graphics learn from
the show disrupt meister comm tech ball calm this weekend bitcoin was great with
giacomo on friday check that out I’m working on another good one coming up so
I want to make it very clear that I think any entity on this planet they
should have the freedom to print their own money out of thin air why not let
the market decide this is where the big boys play and now that is what
cryptocurrency gave the world the gift to the world so any any Joe Schmo cannot
praise own money out of thin air and let the market decide now we have au visa
government individuals who wanna regulate who want a monopoly on money
and that’s what the hearing is gonna be about tomorrow okay yes the long-awaited
United States said it Congress whatever you want to say hearing on Libre is
tomorrow we’re on it’s hearing Eve Libre Eve here and they don’t want Facebook to
be able to print their own money they already know is cryptocurrency thing is
out of the box and they can’t stop it they can’t stop the decentralized ones
and they’re gonna try to do they’re gonna try to smack down the
decentralized ones but they want nation-states to have a monopoly on
money and cryptocurrency this is saying a big no-no and now these
huge corporations which in many ways are already as powerful as nation-states
they want that last power that last jewel of the money per of the printing
press and so these senators and congressmen
and president are going to say all sorts of things are going to talk about
national security threats and then there’s some that are just going to
virtue signal and say oh you’re making a rich richer and what about the poor
people what about the children what about the drug dealers what about the
children oh it’s it’s horrible the black market just anyway most of the people
won’t make any sense at all but the 80 percenters will think they’re making a
lot of sense and so there’ll be some entertainment value
I’m warning you all though because it probably the Fiat price of Bitcoin is
gonna be all over the place during the next two days just bunches of
speculators playing on people’s fears and hopes on what what’s when what
Center have said what another Center said trying to interpret it one way or
the other icon that like button Brian he says he’s in beautiful Wiltshire UK and
yeah I want to visit there one day I’ve only been to the UK once
heywhat excluding the time the many times in the airport just set foot in
the regular part of England other than the airports once so yeah I guess
don’t waste you I’m not gonna watch the hearings I’ll just get the cliff notes
but I’m giving you a little bit of a preview there so Bloomberg article here
minuchin plans briefing on cryptocurrency regulatory issues
Treasury secretary Stephen Venusian said the Trump administration has very
serious concerns about Facebook Inc’s proposed cryptocurrency Libre which has
already drawn the ire of President Donald Trump and Democratic lawmakers
this is indeed a national security issue Minuten said in a briefing the reporters
at the white hat to reporters at the right White House we will not allow
digital assets service providers to operate in the shadows okay so that’s
some pretty great broad statements there they’re gonna try to regulate
cryptocurrency they’re not gonna be di2 friendly toward Facebook coin the
Facebook people are gonna get smacked around a lot tomorrow so if you’re a big
hater Facebook a Facebook then I guess you’ll get some pleasure from that but
me personally I want this Libre thing to happen I am the more the merrier this is
where the big boys play it will get more people into Bitcoin but again I’m not an
investor in facebook so whatever happens happens but I’m a long-term thinker and
I know it will eventually happen that these tremendous corporations the United
States of America will have their own currencies whether they be very much
like PayPal or getting toward Bitcoin now manoosh ins briefing is actually
linked to below you can watch the whole thing for yourself Matt Odell gave a
very nice son expect them to use illicit activity playbook terrorism drugs etc
expect a push for KY CML everywhere they can force it in Bitcoin ban unlikely for
the foreseeable future feels like Steve has been stacking SATs
pound that like button yeah he probably hats I mean he’s no no he’s not a fool
yeah he isn’t buying gold I’ll tell you that
133 no script says I’m starting to think the announcement of Libre was the shot
heard around the world uh that’s interesting take on it it woke people up
I wanted to wake even more people up dude
Johnny and Weiss is Bighorn Meister he says this is San Francisco I mean I’ve
been there many but I don’t want you to come here
because there’s too many crackheads crazy weird bull here it’s not safe dude
I’m from Baltimore and it’s much there was a methadone clinic got shot up
in Baltimore today it’s worse than San Francisco trust me
I’m I love saying I love San Francisco I love I think it’s awesome uh-huh this
hill those hills are amazing now was it what it once was no probably not but
it’s still great it’s still better than Boston Walker but I love the Baltimore
that’s where I’m from people born and raised Baltimore huh you know what a
white person says they’re born and raised in Baltimore Maryland of a
certain age they mean they were raised in the county and that’s me
so those no no there’s a difference between Baltimore County Baltimore City
anyway we won’t get into all of that okay so there should we talked about
that and toward the Meester’s take on the new chin just told when you should
just told baby boomers that it’s okay to buy bitcoins since it will be regulated
since if we regulated well and it’s akin to money gram PayPal etc you know I mean
that’s a positive way of looking at it that the the the regulation seal of
approval that might come out of all these congressional hearings eventually
might make baby boomers very comfortable with getting in the cryptocurrency now
and they’ll be all this retail interest all these newbies are gonna flock the
coin base all of a sudden after these hearings is they’re gonna feel safe
about the situation who knows maybe that maybe that’s a
long-term benefit of all of this also we shall see I’m not a fan of regulation
this is where the big boys play we I can I don’t need anyone to protect me from
my Bitcoin yeah protect me yeah so big coat here is
another of a classic tweet a new tweet but it’s classic already instant classic
that basically says bitcoin is living Gold’s dream this is for Barry Silbert
who apparently is a pretty big player in cryptocurrency found that like button
gold bugs right now where’s our White House press conference
that really sums up the gold situation all these years gold
everyone’s gonna run in the gold gold gonna shake up the whole system gold is
gonna bring the dollar down Gold’s gonna bring the government down didn’t they
ever have hearings about gold no they don’t give a darn about gold not at all
what’s goal is gonna do a good house that threaten house that threaten the
United States of America is monopoly on money okay or on nation-states
off printing their own money no cryptocurrency gives every Joe Blow out
there and every tremendous powerful corporation the ability to print their
own money that’s why they’re having a hearing on it
that’s why bitcoin is living goals dream that’s why we’re living in the future
right now and this is what if this is what money has evolved into and it is
very exciting and it’s very interesting to see the government how they try to
weasel out of this thing how they try to have they attempt to mess it up but
they’re not gonna mess it up and Facebook will be more powerful than most
nations on this planet and we were entering a new post national realm now
again the United States of America will still be the most powerful entity in the
world for the foreseeable future hey but we’re
have companies and coins and colonization of power there because all
the power has always been for those of you obsessed with power and you
shouldn’t the assessment power but it’s all being concentrated in the
nation-state it’s for for this era of the modern era should we say now it’s a nice
congressman tomorrow and they think they won’t be able to do nothing about it
they it’s maybe slow it down here and there and have their little tape so they
can get some bribes from certain people but the work it’s changing it’s exciting
and I know a lot of you hates Facebook but you should be cheering Libre on you
should be tearing libro on butter cookies again it’s they’re not going to
be able to fight Libre and all the altcoins
and Bitcoin at the same time they’re gonna have to pick their poison and
right now they’re clearly picking rerun to pick on and eventually they’ll start
hitting on some of these centralized altcoins
well what that what’s that lead out in the open that won’t be hit on it all
Bitcoin and dump them take little shots in it but it’s easier to hit on Libre
and ripple and whatever else is out there for as long as ripples out there
at least so and let’s talk about tether real quick because again a my fan and
tether in terms of that it encourages people to do reckless trading no I don’t
like that I don’t like the back any of their wealth in dollars and thus they
value their wealth and tether and they feel the need to sell their Bitcoin but
I’m afraid I’m frickin offended by selling if you’re doing it as a trader
okay totally offended by selling it’s not just the line it’s a way of Lex okay
and but but the one thing that tenders got going for it right now it already is
it’s already got power beyond that of certain nations because yes it’s been
able to print its own money and a lot of T’s are really really frustrated with
that because they printing their own money and they let the market decide and
the market of 80 percenter trader had said almost unanimously that these guys
can printers Heather as they want and it’s worth one
u.s. dollar now somebody who that makes no sense it’s gonna they’re just pretty
enough in there but that sounds fair no it is fair the markets decided a
bunch of 80 percenters who trade who value their wealth in dollars say that
what tether is equal to one dollar deal with it deal with it deal with it and
that’s why it sued by the state of New York because of some company has come
out of nowhere and become more powerful than countries
on this planet okay because they could say we can print this thing called
tether and it’s equal to a dollar and it is equal to a dollar that’s like dudes
that’s like they printed it out of thin air it serves a purpose for trading
Bitcoin trading all coins and a bunch of people are sending over and over and
over again we believe once Heather equals one dollar and that’s the
revolution that’s going on right now and that’s why they’re gonna be trying to
take down believe and that’s why their attempts to take down tether have been
tremendous and let’s cheer together on for that for that one thing that they’re
doing I don’t like that it’s all about training and whatnot but but what they
have done is revolutionized currency in people’s minds have gotten people out of
it it doesn’t have to be a nation state that says this is worth this no it can
be a company that says yes we’re creating something it is worth a dollar
now in the parasite was a little mistaken I said Panama did something
very similar where Panama does is you need US dollar basically in Panama they
have a currency called the Balboa though which is only in coin in the third form
of coins so they just can’t print up a bunch of Balboa’s and say they’re equal
to a dollar they have made some Val boa coins and said they’re equal to $1.00 so
on a smaller scale they have printed money out of thin air they’ve coined
money out of thin air and said it’s equal to a dollar and everyone is says
it is stage those coins in Panama just like they accept the US dollar now a
better example which I also brought up in past that shows that the power of
tether is in Namibia then the million dollar is printed
out of the blue and they say it is equal to one South African Rand and indeed and
I have seen this in person because I was in the maybe a in November 2016 you can
use random or you can use the million dollars okay and they’re equal now if
you go outside of Namibia and go to South Africa and try to sell your
Namibian dollars they give you a 25 percent they’re not gonna give you as
much South Africa gram okay 25% less South African man huh so there
and you can’t use Namibian dollars anywhere else on earth
but in the maybe and maybe in South Africa for that where they will it will
be worth twenty twenty-five percent thus just going back to my main point
again tether and Facebook are more powerful than Namibia okay that’s we’re
already we’re already there okay we’re basically already there
maybe that Heather because again it it’s only a it’s only cryptocurrency people
are using tether right now maybe that’s a little bit of a exaggeration but and
when Facebook gets this this Libre thing going there’ll be no doubt in your mind
that Facebook could Bob I’m the maybe yeah okay control I’m him it’ll be more
powerful than the maybe if it already is alright I think that was all the stuff I
had on my uh yeah so again this is the power this is the this is what
cryptocurrency has brought to this role the true revolution the ability to print
your own money and let the market decide and as a market decides it’s worth a
dollar then it’s worth a dollar and it’s gonna threaten a lot a company a lot of
countries a lot of these numbskull countries that deal it they just print
keep on printing and printing their their their lunar currencies they’re
gonna fall what they behind the these cryptocurrency in these countries and
these companies because these companies actually have a product and a service to
sell that they’re gonna base their coin around and again Facebook coin is gonna
say we are worth we are worth a basket of currencies whatever that means I mean
it’s gonna it’s gonna be a dollar amount is where it’s gonna boil down to and
guess what the market is and then it’s going to be very threatening to the the
nation-state based world economy you know the United States should really
have to worry about hate States Senate and Congress is doing
what all these other minor country should be worth
we don’t think Unites States now has nothing to worry about it’s all the
third world countries think I don’t look not too worried about the United States
of America they should be bowing down to the congressman tomorrow saying you know
what you’re actually saving us a little bit of time here we get our act together
there you’re gonna delay this Facebook coin thing before they totally make our
coins obsolete but of course they’re all haters they’re not going to care at all
the United States is doing the dirty work for them and they’re not going to
change and they’re all going to go down the toilet
and they deserve to go down the toilet if they can’t see this coming and yeah
they’ll be yeah but don’t worry they’ll have a mix of Chinese control grid
controlling them and the they’ll still be hating on the unite it’s good for
that good for that but anyway personal responsibility is a new counterculture
if you’re in one of those countries right now watching this show with one of
those third world currencies get out of that third world currency find a way to
get big point I’m assuming you’re watching to show you already have and
make it real easy for yourself so when the Chinese implement the control grid
on your country because your corrupt leader already saw that the Chinese he
already every African state has artis has already taken loans and the Chinese
don’t give away loans for free they’re gonna come back for the collateral and
you’re the collateral so since you’re the collateral better have your big
point so when the time comes for the Chinese to claim their collateral you
can get out of there or you can live under the control red and if you enjoy
there’s some people in control codes I tell you that’s your choice
all right so and again it’s not like the Chinese are hiding anything
I’m not do I’m not talking any conspiracy stuff out here
it made alone with your country there’s collateral they’re gonna want something
when your corrupt leader who stole all the money and is not gonna be able to
pay them back it’s hey that’s business dudes welcome to the burger the big boys
play and the Chinese are big boys and they don’t have feelings like Americans
do okay thank you facts the fact is your corrupt leader made a deal with the
Chinese they’re gonna come back eventually might not be the 2020s might
not be the 2030s they’re gonna come back for that
and for this for you and the implementation of the control grid so
that so that it’ll be too crowded in China by then so they’ll be able to live
among the natives of the countries that are the money
okay that was unplanned so maybe that should be on Bitcoin but whatever if
you’re a big coin dude you don’t need to worry about that kind stuff if you’re in
a country that gets control grid you can leave your outside that system they
can’t confiscate it they won’t bother you
someone once you three knows kept said there’s really no difference between
tether and the Fed printing let the market decide yeah no there is no there
is no difference no there’s no difference what the Fed printing says
we’re printing this dollar for the most powerful country in the history of
mankind thus it is worth what it’s worth tether
is thing we’re printing this coin it’s used for trading Bitcoin in all corn and
there’s no kyc involved it’s worth what the market says it’s worth alright so
moving on talked about in the midea the maybe it was I joined my time in the
media I enjoyed it what was that what was it was listen to me it’s City there
I can’t I can’t forget it’s got the German name and there’s there’s Germans
there there a few Germans like to go on vacations in uh I’m so sorry I can’t I
can’t remember the capital of the MIDI his name that’s that’s where I was and somewhat someone in the chat say the
capital of Namibia for me right and I’m sorry I cannot forget that glorious
city’s name but it has some it has some nice European architecture in it some
old German churches and such yeah I’m just I’m trying to jog my memory
moving on uh-oh here so enough of Facebook coin I think you guys get the
get the take on it we it will be interesting tomorrow and it’s all part
of a bigger picture and it is all good for a Bitcoin in the long run now
speaking of the long run here are some charts by Martin DVD the current
multi-month rally in digital assets is different than 2017 with all coins
trailing and relative performance yet all coins you’re learning at the Hartley
CME Group futures volume surging and a relative lag in retail interest all
pointing toward increasing institutionalization of the asset class
yet dude the the people out there I don’t know what they’re waiting for
they’re not buying it for themselves retail hasn’t grown it hasn’t been going
up but guess what the institutions are buying the Bitcoin and guess what the 80
percenters will be crying real soon oh it’s on family history currents gotta be
in it before me dude you can get it in it now there’s no one stopping you you
can get on coinbase and buy it but no at the chart show that people aren’t
following on all coins like last time and it’s not a bunch of newbies coming
in buying it it’s a bunch of institutions that are helping pop up
this up Bitcoin price and I believe also people throwing in the towel on those
all up coins alright win hook of course how could I
forget win hook oh my god I’m sorry we milk perhaps I shall return what I
couldn’t find anything Bitcoin related they’re the first namibian Bitcoin
related thing I encountered wasn’t until about two years later when I was in
South Africa at the conference and I met a guy from Namibia it’s a small country
very it’s a desert country very small population and that’s part of the reason
they’re able to get away from just printing out this Namibian dollar I’m
saying it’s worth around and it is okay to pound that like a button though dudes
tour de Maistre has a great tweet out there alright alright this is the skank
controversy or a little bit of italic here the talaq proposes to store
aetherium blockchain data and this is only a temporary solution by the way I
read data on Bitcoin be cash terrible idea in my opinion nobody uses be cash
and it has the same mining algorithm is Bitcoin making it extremely vulnerable
to 51% attacks okay that is what Tour de Meester said about that apparent
proposal but then Vitalik said I think if you’re in classic could could be a
great choice for this and better than be cash due to its short block times if it
adds flaw ID client support and call data
gas cost reduction okay don’t even know what that second thing means don’t even
care what’s going on here is that the etherium blockchain is getting crowded
and he’s the body some plan or suggested a plan to use the space that’s on the be
cash chain or they use the space that’s only a theorem classic chain here you go
guys this is why things cannot this is why all coins can randomly pump if this
actually happened and I don’t know if that’s even really up that’s fine I’m
the positive thing but again I talked about in the I talked about in the past
I’ll talk about in the future all coins are gonna partner up there are going to
be all coins that partner up perhaps this is a foreshadow of this perhaps
this is the first major partner a top-tier altcoin partnership that would
be pretty big right there that would that would make a lot of 80 percenters
say all of this is not important that I buy better by aetherium better by be
cash better by etherion classic who knows just the thing to remember is
Bitcoin doesn’t company to partner with anyone because bitcoin is the next
Bitcoin and one big point equals one big point and remember hold your own Bitcoin
you get crypto dividends you get interest on your Bitcoin you get these
Forks like be cash why buy be cash when you can get it for free when if yet what
I had a Bitcoin at the time the fork and of course the member win will coin
airdrop is coming the last it registers in the 19th check out past shows or just
go to w MW c MW and you can ask chris all the questions in the world about
that airdrop if you haven’t registered and of course i’ve registered of course
i get i want to get my free my free crypt of dividend and turn in the big
point of course of course value your wealth in bitcoin baby so let’s talk
about top tier coins but let’s talk about marketing because when you are a
centralized top to your coin you can market yourself by partnering with NFL
teams oh my lord Miami Dolphins select litecoin as the official cryptocurrency
the Miami Dolphins and NFL team for those of you who don’t know has settled
has selected litecoin as the official cryptocurrency of the team like coin
I’m gonna help be able to advertise directly to fans at Hard Rock Stadium
formerly known as Joe Robbie Stadium I added that because I remember that in
Miami according to a press release oh wow
oh wow so yeah just Joe IV hey if you’re gonna remain atop to your knee you’re
gonna have to do marketing gimmicks like that they’re gonna get a lot of
attention will this help litecoin will people in Miami actually start buying
like home because of this probably not probably not not to make a substantial
difference but it makes a noise it makes some noise
it gets the litecoin brand out there some more in the future when people in
the Miami region really wake up to Bitcoin and cryptocurrency they’ll
probably remember this and this might help like point day and again there are
a lot of good eyes in the Miami area that I met over a year ago that were so
kind to me that came to my speaking event that let me stay at their place
and hook me up with another place you guys saw a rock perhaps you’re uh you’re
watching right now and I hope your hands are as strong as ever and that is it
wait some people did say some stuff in the chat shout out from Logan Utah says
Lance Robinson dude I have only been in Utah or other than the airport once I
camped out there when I drove across the country as a youth and it is so
beautiful we camped in a stand Utah State Park just east of Salt Lake City
and I think that part of the country is beautiful and there are a lot of good
people out there don’t hear much about cryptocurrency from Utah I think you’re
one of the first people ever to shout out from Utah in all the chats that I’ve
ever seen and I’ve done many of these shows so Lance thank you for that and I
do hope to visit Utah one day he said Ann also Lance says I got registered and
my coins off coinbase thanks to you dude that is awesome
that is awesome Lance that that that MWC helped you get your coins up like any
gay this should be getting airdrops that’s it that should be a catalyst for
you to get your coins off accordingly like it was
for Lance all right Lance you’re awesome up in Utah UK big my master says thanks
again bitcoinmeister and I say everyone check out Bryan the UK big coin master
show he had a good one today I just you find him UK big coin a star on YouTube
it’s easy I didn’t link to below because I forgot
to link to it but I will talk more about another one of his shows very very soon
he’s gonna get a special shout out on this show we had to delay the shout out
now explain why all the nice – alright kind of like when bang that bail bond
I’m Adam I seen before mushroom disrupt meister remember subscribe this channel
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