Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is January the 8th 2020 strong hand long term thinking golden age 2020s bitcoin is the next Bitcoin in motion baby be a unique beast offended by selling having hype alright we’re gonna talk about all of that hello my elite friends how you doing today yes second show of the day we’ll talk about that first one in a second again if you’ve got questions I’ve got answers remember and I’m going to try to say this slowly because a lot of people don’t understand this for some reason you got to do a super chat or you got to type in bitcoinmeister and it’ll turn colors and then I’ll see it I don’t keep like when I’m doing the show I’m not reading your chat the whole time it catches my eye when it turns the color okay do you get it you get it done them I’m doing a show right now so I’m not reading your chat all the time that’s why if you’ve got a question you type in something like that alright if you’re watching this taped you’re just laughing and you’re playing this at 2x hopefully because that is very efficient when you do that yes this week a Bitcoin will be at 4 p.m. Baltimore time 4 p.m New York time on Friday again we do a new show here every day every Friday is this week in Bitcoin hey sometimes you get eight shows a week like this week and last week this week if 4 p.m. and that is what is that 9 p.m. in London and 1 p.m. in Los Angeles Friday we’re gonna have Brad Mills on he’ll be new we’re gonna have Simon from the Netherlands he’s gonna be new and we’ll have Jeff Andrew he won’t be new you’ve you’ve seen him before ok and ok I reminded everybody that we’re getting closer than having and I want to remind everyone for you Fiat freaks out there I think there was a time earlier today the Bitcoin was up fifteen hundred dollars on the year was again the year what it’s been eight days now and so did the charts predict uh Trump’s speech to the chalk charts predict Iran’s in the chart again this is why you don’t play those games people you just hold it and you enjoy the freaking ride you never know you never know when it’s when it’s coming it’s not worth it to do the trading stuff and we’re gonna get into that in one second I want to go further into this Iran thing though and J Jeff Dorman had a very good take on this I had his buddy David nage on my show before best guests in the frickin space town that like button check out the archives at disrupt meister comm Bartek fault calm te CH p ltd remember that that’s me on twitter and where you can watch all the old district ubiquity shows but he says ok bitcoin reacting to iran up and down is a very encouraging sign for bitcoin it means every non crypto investor can now believe with confidence that long term bitcoin is uncorrelated but short term can still act as a vixx / oil / gold substitute expanded playbook equals more overall interest in 2011 and 2012 smart investors that expected double-dip recession and european bank failures vault bought gold and the VIX and spain / italy cds docs none worked those same investors can now buy Bitcoin because it has the same world ending world is ending upside but also comes with tech upside win-win so i like this take they’re always going to be guys when things look like they’re going bad they want to jump into something that they think is going to protect them and he gave examples in the pan Gold oil the VIX Spain Italy CDs well now they clearly are jumping in the Bitcoin at these times short-term and then when the situation resolves itself they jump back out and it’s great that that option is out there it’s an expanded playbook for these type of people now would I do what these people do heck no but that’s what they do that’s their business that’s they liked when things go bad they like to diversify into safe assets and now bitcoin is clearly on the table if they want to use Bitcoin that way I’m not

complaining I can’t stop them that’s the beauty of Bitcoin so I thought that was a very positive take on what may have been going on I mean we don’t have a hundred percent proof but that mean there was people were making charts graphs like with the time when Trump made a speech it went down again when the missiles went flying went up okay yay it’s speculators are gonna do what they’re gonna do let them do what they’re gonna do for me I’m just I’m just watching that Fiat price go up and down I just got a big smile on my face but I know we’re one day closer to an all-time high and I still you know my one Bitcoin he was one Bitcoin I didn’t sell any in my big point and it’s you know moving along with that fiat price whatever they want to do in whatever country okay you and here’s a good reminder of holding like me use Bitcoin like Satoshi Nakamoto hold it good thank you bit dove and you’re right Satoshi Nakamoto who’s probably deceased he’s holding his Bitcoin he doesn’t trade it when things happen in Iran and Iraq okay guys a lot of you told me to get on the bitch shoot I’m a bitch shoot now bitcoinmeister on bitch shoot it’s linked to below so yeah great well any of you actually watch it over there no but that’s the funny thing you got to get on bitch you gotta get a bitch oh so I get on bitch of knowing all people that say you know a bitch is gonna watch but fine you know again if something ever goes wrong with YouTube again there’ll be another place you can watch it and again always go if for some reason it’s not on YouTube well first of all district maestra come watch all my old shows but you go to my facebook page you could go to the steam it page bitcoin meister and i always will post the show there whether it be on Facebook or bit shoot or YouTube but when things are going normally it’s YouTube and I just retweet the YouTube one or repost to YouTube retweet it also and again on Twitter if I ever work if I ever fall off of youtube I’ll tweet out wherever it’s act wherever the show is that there’s going to be a new show every day even if YouTube kicks me off or whatever those down for day or whatever happens I’ll find a way to post the show somewhere so speaking of posting shows and my archives I did my first in a new series today it’s called the road to a one trillion dollar Bitcoin market cap and it goes over you know past bumps and drama and issues that we’ve lived through that looked really big at the time but now we look back and laugh on so today’s show was fifteen minutes and it summed up an interview I did on March 23rd 2017 with king of the trolls and if you watch the video that I posted today you can click below there and you can watch the whole 45 minute video of king of the trolls and if you really wanna if you really have a your attention span there’s nothing link to below is the tweet of the two minute clip from the show that you can retweet go ahead and retweet it please retweet it but it’s funny at the time that I recorded the original show back on March 23rd and king of the trolls said is still saying the same exact things Bitcoin you slow bitcoins expense and people still repeat that same thing oh wait they’re blind followers it’s not it’s not expensive its cheapest anything that descended it it’s ridiculous but than anything they repeat he repeats the same thing over and over again but it he knows by doing that it works there are many blind followers out there and there are some guys even today that commented on the video like oh he’s so right oh my god if you watch this video and you actually understand what’s going on he is so wrong and he he got his way with be cashed everything he dreamed up in that video he got with me cash and it’s who uses be cash what’s big would speak ashes price what’s the total market cap of of crypto would be what’s the big cash dominance people the market has spoken and I said in that video that the market would speak I set up that interview as a long term thinker I knew the questions I was asked asking him in the long term it would look like he was a fool like I mean like well like he looks currently I don’t think I don’t think here the trolls is a fool I think he wanted he was doing very well for himself he wanted to win he wanted it his way or the highway and he’ll say anything and he knows the way to be persuasive to these 80 percenters is to say the same thing over and over and over again as long as it is down he still says the same things over and over again and you can see in the comments

that a few people still believe him they’re still gonna like and there are people out there they just believe anything that is repeated in them many many times and someone says I’m Satoshi Nakamoto he says it many times people believe him people say you know buy this worthless crypto dividend they buy a worthless crypto dividend even though they could have gotten it for free it’s just a certain personality type a certain mindset out there he a follower a blind follower mindset and well anyway watch the video it was a it was a clap it’s a classic very entertaining stuff and it’s 15 minutes so you know you don’t have to have a long attention span and I think a lot of you and a lot of you who weren’t around then what you’ll see you’ll kind of get a taste of the fear that he was trying to spread back then he was really trying to spread the fear then oh if we don’t fix this now bitcoins gonna be terrible and no there was no fork in there was the debate there was no bigger block size for Bitcoin then they were patient they waited a few months for seg wit they did not do a hard fork he got his hard fork and look at the results look he asked me do you use Bitcoin and I said I you know I say Bitcoin he’s like well do you use it you know spend it and what kind of moron spent Bitcoin back then when it was worth what eighth of what it’s worth now ok so if I would have spent mine if I wouldn’t give it into peer pressure and spent my Bitcoin I think I won of the 8x my wealth more than a text my wealth okay it was worth like a thousand dollars back then and of course I’ve got encrypted I got his darn crypto dividend for free since then ok so it’s when I said back then it’s a savings account you darn right it’s Fitness the two and a half years that have passed since then have people been spending crypto currency or have been people trading cryptocurrency and using Bitcoin as a store of value what’s been going on who was correct watch the video who was correct okay I was correct and if you don’t understand that for watching the video because a lot of people don’t understand that for much a few people don’t understand that from Washington video because he keeps saying the same wrong thing over and over and over again but I got big people this was a big boys play if you’re gonna fall for king of the trolls hypnosis then go buy yourself some big cash and pick your nose I guess I don’t know what to say you didn’t 8x your value you’d have become eight times wealthier over eight times wealthier since that day like some of us have all right now what up what do we have here I’ve talked to us it’s like two below what watch it is very entertaining I’ve talked way too much about this show today hey two shows in a day telnet frickin like button now here’s a real life lesson somebody sent me about you know trying to be sky he’s a good guy he’s a real guy he’s a nice guy he was trying to do something legitimate he deals with AB the abra Act okay and he’s dealing with these stable coins and he’s dealing with his bank accounts and you know what I say don’t even get into that stuff just buy your Bitcoin and put on your Tresor because when you when you add these extra steps and when you add these extra coins to the process you can make mistakes and here I’m gonna share a mistake that he wanted me to share with everyone and he said he’s a nice guy he wants people to learn I mistakenly sent US dollar coin to my Abra Huhn US dollar wallet okay so US dollar coin is a stable coin his Abra US dollar wallet is for United States Dollars and it was a decent amount he said they can’t reverse it and I can see how they can’t reverse that I understand whether but he asked he this happened a little while ago but he did ask me some advice and I said dude you got to like beg them to reimburse you but I think it’s technically impossible he said yes basically but they said then so stay in Bitcoin and keep it under your control alright so he was in u.s. dollar coin he had it under his control for a second but he sent it to Abra but he sends for the wrong place and it was lost forever and he lost his wealth but he wasn’t valuing his wealth and Bitcoin so that is a real thing and so how could anyone make such a mistake people it’s the same way people make mistakes in Bitcoin to be cash addresses and theorem to theorem classic addresses it looks the same USD see USD your money the visual tricks it happens people make mistakes that’s why you want to keep it simple that’s why it’s you don’t want to move it around and play games and spend it

and do this that and the other I’m offended by I’m offended by selling I’m offended by saying that people don’t like that term offended my son there’s a reason I say because I don’t want people to make mistakes like this all right pound that like button okay we got people in the chat but nobody typed in bitcoinmeister so I see Rockies in there hello Rocky and John we got California people in there because it’s they’re the only people awake and Barry is in New Zealand because it’s like they’re completely different day over there how you guys do it alright so IRS I’m gonna talk about this IRS situation more on Saturdays be yon picked my show but I’m gonna tie it into a I’m gonna tell you in the big coin right now into the traders and the people who are going back and forth on coin base and other people that just do things privately alright where they’re go you know people dude there’s ways of doing you know doing crypto the crypto changes privately etc etc so the IRS personal income tax audits drop to the lowest level in a decade Baruch Hashem just 0.45 percent of individuals were audited in 2019 following years of budget cuts off thank you the IRS audited IRS is a terrible organization so I am thanking God that they that their budget is going down the tubes and they don’t they can’t hire as many people I think that’s great I don’t know why anyone in their right mind would work for such an evil institution but any people make that that’s their personal responsibility if they feel like they want to work for that organization alright the IRS audited point four or five percent of personal income tax returns in fiscal 2019 down from down from point five nine percent in 2018 and marking the eighth straight year of decline according to a report released Monday in 2010 the IRS started 1.1 percent this is offering a Wall Street Journal article slim tableau of tax returns the steady erosion of tax enforcement has been driven by years of cuts in the agency’s budget the Roofus show along with a heavier workload good luck the work harder on me I wish they weren’t working harder and they’re not working very hard we’re gonna get that in a second in Monday’s report the IRS said that the agency had lost almost 30,000 full-time positions since fiscal 2010 in areas including enforcement and criminal investigation it now has about 70,000 workers and has been hiring over the past year but the agency also projects that up to 31 percent of our mickers will retire within the next five years oh that’s great okay so what what’s that mean for Bitcoin well it’s clear since they’re losing workers and they’re not getting in as many audits that they just don’t have the manpower or the time to get really complex into things they’re going to go for the big easy targets okay so if coinbase is giving them a bunch of Social Security numbers well they’re gonna you know do your spreadsheet see what coinbase told them see what their social security numbers told them see if it matches up you know that that’s something really easy that they can do those are very easy targets these traders that are trading with their Social Security is really easy it’s really easy for them to do that but are they are they gonna be hiring new crypto crypto people when they’re having budget cuts are they gonna all of a sudden open a Bitcoin division a crypto currency division are they office into start training everybody into you know what’s a fork and what’s this and what’s that and what’s a decentralized exchange how can we investigate this decentralized exchange or how can we investigate an atomic swap somebody did or whatever what do you think what do you think they’re gonna do are they gonna go for the easy traders or are they gonna like start like bugging with holders that did stuff privately that they don’t even understand okay it is great it is just great for for the world that they are cutting staff they’re not doing as many audits and it’s clear that to me that they they’ve got to bring in a certain amount of revenue each year they got a della they’ll go for the easy targets and I don’t think it’s people are quick anything over there which is great they’ve government workers are they gonna want to learn about cryptocurrency and they want to go the extra mile they’re gonna go the easy way and again I’m not saying cryptocurrencies immune to this no not at all I mean get coinbase some of these big these traders that have given over their social security numbers these are very easy targets very easy to be audited if the IRS chooses but for

all these people that ask me questions about B diamond your B gold guys judge me make your own decisions based on that information I just saw I just just shared from that article okay I mean if you’re Joe Schmo they claimed the 6 B gold did it you did it with your treads or or something like that I mean all right is the IRS watching you or they watch in the 25 year old that bought the Lambo and is going back and forth on coinbase and vid tracks and everything with their social security number who’s going to get the call now with a depleted staff over there so here’s some news from January 3rd oh wait oh here before I good that January 3rd news that I hadn’t covered yet from France actually and we’re going to talk more about the IRS thing on snow Saturday but from a different perspective tears a tweet from Jamison lop for all you people who like to give out your Bitcoin to organizations that say they’re going to give you interest and of course you give them your social security number – by the way those there’s a what’s the name of the one that everybody likes to give their Bitcoin – was it gives them interest I mean they’re your you best be reporting that I’m telling you right there that that’s really easy for the IRS but there’s owning Bitcoin and then there’s owning promises of Bitcoin some promises are stronger than others that is from Jameson lob and that is a really good way of looking at you can control your own private key on your Bitcoin on your treasurer or on your ledger or a paper wallet whatever or on the thing that JW is creating that is linked to below that I’m going to talk about in a second is Yeti cold Yeti or whatever it’s called or you can own a promise of Bitcoin now some people some Hamas’s are stronger than others okay that that’s true in life you know someone a crackhead will promised you to pay him but you know you’ll end the crackhead 20 bucks he promises he’s gonna pay you back he’s not gonna pay you back but he promised his promise is very good you know with most banks and they’re gonna pay you back with most sometimes you think I mean there’s a promise with maybe that that big company that I forget the name of that gives you interest in your Vikram maybe they’re gonna pay you back maybe it’s just a promise it’s just so I’d rather have the real thing in front of me then a promise I gotta figure out if this promise is stronger than other promises but it is true some promises are stronger than others like again the guy the wink of eye brothers their promise is better than you know some ego coin guy or or what’s the the big I forgot it now big connect it’s been a big connect obviously because big connect stole everybody’s money all right so January 3rd this is news and maybe you’ve heard this before I just heard it French bank shuts down customer account over mild criticisms so so it’s Societe Generale butchered that didn’t I Baltimore X accent town that like button I’m no Frenchie clothes three accounts for one customer after she tweeted that it’s cues were too long okay then it seems to be a true story so this is like social media revenge by the by the banks and I guess they can do that if they want to do that and I never thought well I hadn’t really given it much thought but maybe this will be a trend in the future you’ve got to be good to your bank on social media okay because now a lot of companies you shame them they give in to you immediately and you know you got a bad plane ride they’ll give you a free ticket who knows and lots of different things your mattress was bad they give you free mattress if you shame them on Twitter but we can see we bent maybe in the future they’re gonna go this route like someone complain said we don’t want them as a client anymore and that’s maybe they’ll be social social media revenge by the banks maybe that would be a new thing and let them do that because there is no social media of revenge in Bitcoin if you’re a Bitcoin you can’t be cut you can’t be all of a sudden they can’t take it away and can’t say you have an account anymore cuz there is no day there’s only you there’s only you when you control your own private key unless you’re getting to that promise thing and again if you’re good if but by you know the 2030 Societe Generale a probably will have a Bitcoin bank also and if you’ve shame them on social media they’ll take

your Bitcoin how about that one for you so that is an interesting development hey have any of you ever been to Kigali Rwanda before I heard it’s like the safest city in Africa I’m interested in it I’m interested in it if any of you have been there send me a DM at Tech ball or you can email me to Adam at residue or help calm I’m not saying I’m going to Kigali my–my inquest she precautions did you take for malaria malaria if any because they do have mosquitoes there I’m not a big fan of that I probably never go because they have a little bit I want to know four people have really been there before but it’s a big developing city it’s interesting it interested me Kajal Rwanda I been to I’ve been the definitely uh more uh when I went to Mozambique to what’s more call it a mosey Maputo Maputo in Mozambique that was that wasn’t developing very much that they were on the down trend Kigali is only up upswing and we had safe mapu – not safe but I was there and I but I was fearing the uh I was definitely feeling the mosquitoes when I was there I have some funny stories that one of the guys there one to hang out at nighttime I’m like just take me back to my place I do not want to be outside at nighttime you think oh I don’t understand the mosquitoes I don’t I don’t want to be with you the ski tossed I don’t want malaria or the other one that you can get dengue that that’s that makes me worried when I hear those things I’m not gambling on that stuff I’m not a gambler my town that like button but hey hey coin desk has article 10 billion Bitcoin haven’t moved in more than a year the highest since 2017 dude that is music to my freaking ears there are only 80 million Bitcoin out there ten billion didn’t move in that in 2019 that is awesome now now the Bitcoin that is moving some of its move like millions of million you know going back and forth on these exchanges blah blah blah okay people are gonna do what they’re gonna do but it’s great the holders of last resort hey it’s spreading now obviously not all these people are holders of last resort but hey it’s a savings account it’s not what king of the trolls you know that that statistic alone shows that people don’t want to spend it on coffee okay there’s you can spend on coffee if you want it okay I’m not saying not to do it I’m just saying it looks real bad when you look back and like hey yeah I said $50 and I do that you know in a few years like oh I could have bought a car with that coffee I got in 2015 yeah alright but hey do what you’re gonna do and hey if you want to talk to Adam Meister crypto consultation you can email me a Dimetrodon where help comment can set that up we can talk about anything fun times had by all all right so let’s talk about JW weathermen who has been on the show many times best guest in the freaking space are on this show you get Bitcoin insider information here baby you better believe it he sent he tweeted this out i retweeted it for all you freaks that want to don’t want to deal with Trez ores and want to go complex like like JW and tres talk about well he’s got something for you are are see one of yetee cold calm is released many major improvements to the user the us that means you are up and testing within 10 minutes and we greatly reduce hardware required to 250 dollar laptops Bitcoin core offline is the gold standard Bitcoin and this makes it cheap and easy alright so if you want to experiment with that he’s got it over there it’s tweeted below its link to the tweet is linked to below you can DM him you can go to the yeti Cole comm site to see what he’s talking about finally the song of the day and I think I shared this a long time ago take me on by don’t take all take on me take on me I think that by aha it’s from the eighties if you ever good an 80s dance party in the 2010s or in the 2000s or whatever you went to Navy’s dance party you’ve probably heard it before it’s a play it it’s linked to below puts a smile on your face makes you want to go dance okay that’s it dudes someone said saw your interview and it was great dude just got in the stream hi everyone well dude thank you very much oh joy Punk oj Punk okay I’ll see you in

Brentwood Oh Jay I’ve I’ve added meister the bitcoinmeister the disrupt meister remember to subscribe this child likes and shares me to check out the links below pound that like button tweet this out retweet the stuff I have below watch earlier show bang the bell button I’ll see you tomorrow a new show here everyday thanks a lot guys strong hand