Unless they start using stable coins as pseudo cbdc and begin to control peoples spending. In which case people will naturually look for privacy coins and or bitcoin lightnimg which does a very good job in staying private when purchasing.

I dont think they will be able to control bitcoin and control what we can or can not spend on in the future. ✊

Good show Brian thanks 👍

Do you think people will prefer using stable coins to make purchases instead of bitcoin lightning. I can see why Stable coins might come out as top, they will be very convenient to use. Although I am hoping lightning wins and bevomes the preferred way to make purchases. Any bitcoin i use to spend through lightning i just buy back at the end of the month. I can see why people might not want to use lightning, because bitcoin is perceived as their savings. And spending your saving makes no sense. Buying back at the end of the month is an extra step which just add inconvenience to peoples lives. Spending via bitcoin lightning has better privacy than stable coins, so thats a plus point
I totally agreee, we will keep getting higher highs at the end of every bull markets and higher lows at the end of brar markets. Exact timing is akways hard to predict. 💯

Wow, we can secure residency if we spend just 90 days a year in el salvadore. Thanks Brian, i didnt realise this, will research this 👍

You are asking for a real boating accident when tax man comes after you. 🤣

I agree Charles Hoskinson really has lost the plot! I wont be buying Cardano. 🤦
Good for Strive to buy 32 bitcoin, nice symbolic message.

I think Strategy should have some fun with all the bears, they should sell 7 bitcoin, announce it publicly and then 6 the next day, 5 the day after that, 4, 3, 2, 1 and then on the 8th day buy some insane number of bitcoin, a record breaking number that we have never seen before.

I think that would be great marketing. Lol. 🤣

With Space x ipo and all the other ipo scheduled to launch, it does seem like alot of liquidity being sucked from every where into these crazy valued stocks. Gold is feeling it, Bitcoin is feel it too, people will fall for it.

Its a really good opportunity to get discounted sats. ✊

Good to have you back Brian! Hope you had a really good break.
The world really is full of too many whingers and whiners. Its frustrating.
I have a small amount of dry powder which is such a small % of my stack that I dont see the point of putting straight into bitcoin. So I am looking to buy bitcoin treasury companies which are totally batterred at the moment. One more drop down into the 50's and I will be happy. So part of me is very excited see the price go down because the discount for these companies are even bigger than the discount on bitcoin.
But yeah i would prefer to be 100k plus of course. Because my overall portfolio is down considerably. It does seem like people are losing their heads.
I would like to see the alt coin completely capitulate. In this recent down turn they have not really done too badly. Once they crash even more than bitcoin, then we know we have truly bottomed.
8% fear and greed. Thats low. I think years ago I remember seeing 5 or 6, but this was a long time ago, maybe 2020 covid crash.
Stay patient is the key to this game.
Time to hunker down and hodl... 🙌

Wow! People are actually selling their bitcoin stash because its underperforming this year compared to gold. Im not really sure why people dont get it. Bitcoin is the most superior asset to ever exist. This could be a bottom signal, high profile people selling bitcoin.

Freddie New is great, yes our privacy really is under attack. We all just need to stand our ground. The truth is, they cant force us to do something we wont do. So really governments are testing the masses to see how far we can be pushed to compliance. Reality is, for those that cave and give in, they are the ones deciding to comply and submit. People that give in and give up their privacy, they are doing it to themselves. People need to take more responsibility for themselves, learn about how to live without handing over their privacy. Sounds harsh, but those that are not willing to put in the effort, deserve to live a life of enslavement.

During covid, the reality was people locked themselves in their own homes. People decided to comply and submit. I did not follow any of the guidelines, I always stood inside the 2m line, never wore a mask, and I always sneezed with no inhibition. Who would think somethimg as simple as sneezing, they could make us feel so guilty for. I visited friends and family during lock downs. Neighbours stared in dismay as I rocked up. It was amazing to see, the streets were so empty during lockdown. I drove through central London on a weekday, no traffic, no people, no sound, it was eerie. It made me realise how easy it is for the people to become so easily controlled and manipulated. Very disheartening to see.

Nice one for securing second address. This is a very usefull tool to have. This makes it much harder for governments and criminals (the two terms are interchangeable) to leak our physical location and much harder for criminals to find us physically.

For me its not so hard, I am not big on social media, the recent ID verification for websites, just use a vpn. If they ban vpn, then use tor. And all they are doing is pushing us to use nostr more and more. And to find better solutions that are decentralised. Good luck trying to impose ID verification on nostr. I dont think people in government pushing these insane policies, even know that something like nostr exists. Otherwise I dont think they would be pushing the masses so far. And they dont realise that the more they censor, the more people will adopt communication protocols that they have no control of. I dont think they understand how powerful bitcoin is either. Because its such a small asset in the big scheme of things, its totally off their radar.

Ive started exploring linux as an alternative operating system to Microsoft windows. Microsoft is awful, the latest windows operating system is taking snapshots of everything we do on your desktop. Crazy!

Thanks for another good show. 👍

Another good show @UKBitcoinMaster
Thanks. 👍

Thats really impressive, Claude helping a user to recover his lost bitcoin. It also shows that if someone gets hold of your laptop / hard drives then they could find your recovery seed words if you havent secured properly.
500k by end of decade! I spat my orange juice out when I heard this. Lets add a zero to that please! If Michael Saylor has anything to do with it, he will make sure we hit this price target well before then. I think Edelman is underestimating grossly.
Good show @UKBitcoinMaster. Thanks for another show. ✊

You are so right. The government are completely thieving Aholes!
Its organised crime, with the law on their side. I avoid dealing with the government at all times.

Good show @UKBitcoinMaster. Would be good if we really are back in bullish momentum. 🤞

Statiatics say 3/10 will go broke. I think it will be even higher because significant portion have their savings in traditional mainstream assets, that will wither to nothing. If only they could be open to bitcoin. Its sad.

So many people are so crititical of Michael Saylor. If he buys 10 bitcoin and sells 1, is that really a bad thing! If everyone did this, then they would be extrmeley well off.

Good show @UKBitcoinMaster. Becareful in the shed man! It can be a dangerous place.

Having Bitcoin really does give a great sense of security. If there is an emergency, financially, its not an issue. And being in a position to help friends and family when they need it most is a great feeling. I bet your daughter was over the moon and extremely grateful. ✊

Michael Saylor's never sell your bitcoin, is a good mantra. I always interpreted it as, you only sell if you really have to and dont sell it to fund crap you dont need. And always try to lraverage first. So if Im tempted to buy an expensive watch for 5k, I ask myself would I be willing to pay 500k for it? Because this is how much 5k worth of bitcoin today will be worth in the future. I usually decide to not be tempted to spend on empty things. Its short term joy that doesnt last very long.

As for Strategy announcing we may need to sell bitcoin, I dont think its anything to worry about. They are literally eating up the bitcoin supply like a monster. If they sell, then I think they have earned the right to sell some. 🙌

I do agree with Tim Draper too. Not having bitcoin is absolutely nuts. My cousin was complaining recently how his life is so hard bevause he has too many expenses going out. I tried to explain bitcoin to him, but he replied, the price is too high. It was frustrating to hear. 🤦

Good show @UKBitcoinMaster. And you were full of energy, looks like you have fully recovered. Nice one mate! 💪💪💪