The SatsMate Stack

 Hi All,  Now more than ever Americans are wasting thousands of dollars a year on playing the lottery. People are promised riches if they win it, yet it is just an additional tax on the poor and middle class.  There are so many fruitful avenues to invest one's money, why would one waste it in this way? Here are some of the themes I go over about the lottery, and why I think Bitcoin is a bette...

 Hi All,  A lot of excitement over the past couple of months with the Bitcoin ETF approval. The question that many of us have is if this is good for Bitcoin. In this podcast, I discuss the following.  1) The massive inflows and outflows of the ETF 2) Financial Advisors navigating this environment 3) Fees & ETFs 4) Paying for a Bitcoin IOU 5) Centralization Risks  6) Further upsides Best Regard...

 Hi All,  What's been happening lately has been mind-blowing with our fiscal deficit in the U.S.A. Just a few short months ago we passed the $33 Trillion US National Debt, and here we are at the start of 2024 with $34 Trillion in US National Debt.  This system is absolutely broken. There will come a day where we can't pay our bills, and our government will need to die by fire or by ice. ...

Hey All,  We see now more than ever people plunder and fall for middle-class traps that will lead to years if not decades of debt slavery.  What are some things that cause the death of the middle class? Debt & credit.  - Latest iPhones - $60K Cars - Latest Gadgets - Eating out 5x per week - Multiple subscriptions - Following/Being the Jones's Best Regards, SatsMate Support the Channel Her...

Hi Everyone,  We are living in very backward times financially. If you pay off a debt, your credit score will drop several hundred points. If you pay off your mortgage, student loans, house, car, or anything else once you pay this you will notice your credit score will go down.  This is backward! It would be best to be incentivized/rewarded when you pay off your debt, not disincentivized.  We also...

Hi Everyone,  As many of you are aware, the money in your bank account is being lent out 10 times over what you have deposited.  If you need it all at once either in person or digitally, they maybe wouldn't be able to meet your request, but they certainly wouldn't be able to meet everyone's request.  In today's podcast, I shed light on a story with a relative who needed money f...

Hi Everyone,  In today's day and age, many people are looking to take advantage of charity even though they may be well-to-do. In addition, there are many charities where the money doesn't go directly to the people in need but goes through layers of bureaucracy and red tape. In this podcast, I discuss some of the following topics:  - The importance of giving to those in need - How many p...

Hi Everyone,  Now more than ever we are seeing the toxicity of fiat money impact our food, culture, and social lives. With fiat food, we are seeing processed food and big food lobby regulators put things that may not be in our best interests in our food, but they optimize money. By eating this food, we are poisoning ourselves, and while often we save money - it is at the expense of our lives. If w...

Hi All,  Recently there have been some efforts to find avenues to decentralize mining pools. Centralization of any aspect of the value chain can prove harmful to the long-term success of Bitcoin.  There are many potential downside risks for not decentralizing these higher layers. I also discuss ordinals, broader consensus & some of the talks around censorship.  Overall, we need to find ways to...

Hi All,  Many of us are here for reasons behind asset appreciation. We are here because we genuinely think this technology can transform the world and make it a better place to live.  I want to pose an interesting and thought-provoking question, would this have all been worth it if Bitcoin went to $0? Many of us may immediately scoff and say of course it wouldn't be worth it, the project fail...

Hi All,  I'm sure you've been there driving down the road and all of a sudden an unknown light comes up on your dashboard glaring orange/red in your face.  Just recently this happened to us. Our car is worth about $500 and this repair is $400. We did not budget to have this unexpected expense come up, but thankfully we were prepared.  Being ready for financial emergencies is of great imp...

Hi All,  I hope that everyone is doing well this week. Wow, have we seen a runup in Bitcoin approaching just $44,000 today.  There is a lot of euphoria in the market, and currently, with all of this euphoria, we are seeing people talk about Bitcoin that haven't for the last several years! While the price appreciation is great, I'm in it for reasons much deeper than just the price appreci...

Hi Everyone,  In today's credit-fueled economy, we often see people living paycheck-to-paycheck for a variety of reasons. Because our money isn't hard, people are eager to spend dollars because it is equivalent to a melting ice cube.  This is quite problematic because savings are critical for a successful economy, but how can one save when the money is fake? If you know it will be worth...

Hi Everyone,  A famous quote has said when the tide goes out, you can see who is skinny dipping. Currently, many people who have purchased at higher mortgage rates or in the past year or so are starting to question their purchase.  While there was a lot of mania in the markets from a valuation perspective, that tide has started to turn in the opposite direction. People that have purchased maybe di...

Hi All,  I find it absolutely crazy that in the late 1700's there was an uproar in regard to individual taxes at a 3% rate, and now it isn't uncommon to see income taxes approach 35-40% for upper-income brackets.  What's even worse is that there are several more taxes being imposed on us such as sales tax, property taxes, death/estate taxes capital gain taxes.  I think there is a so...

Hi All,  I'm sure many of you have been noticing that we are starting to see a larger and larger reduction in places that accept physical change/cash.  While this may not matter to many, I think it is important to look at this and understand why?  First and foremost I guess it isn't worth very much. Second, governments and bankers want you to transact digitally as it helps them understan...

Hi Everyone,  It is easy to talk about our wins in life and the market. Often times we talk about the wins with ease, and ignore talking about our losses.  Today I am going to share with all of you some of my biggest losses in the stock market. These losses all had to do with too much confidence, not enough research and a lack of due diligence. In certain cases I took tips from people that I reall...

Hi All,  Today I have a very important topic that I think we all know in the back of our heads, but we seldom take action on.  There are many areas of our lives that can use improvement - whether that be our finances, physically, financially, emotionally or spiritually.  In todays day and age we may be strong in one area, and not as strong in another area.  This podcast breaks down my thoughts on...

Hi Everyone,  One of the things I love about Bitcoin the most is the strong sense of community at the conferences, on Reddit and x (even though there can be many disagreements at times).  The philosophy and values of Bitcoin is something to admire as they are grounded in logic.  It is my thought that these values will stay anchored as the community is careful to adopt any ideal or value, but nurtu...

Hi Everyone,  Hope you are doing well! In today's podcast, I am to address if unions are a net positive for the workers.  All in all, I think unions derive significant short-term benefits to the workers. Medium and long term I think headwinds form due to what occurs in the union negotiation.  I am someone who is for fairness and the rights of workers in the work environment, but sometimes thi...

Hey All,  In today's day and age, I see many issues with our credit card system.  From what I see, this system is designed to keep one in debt and trapped within the system.  Having different types of sources, many accounts, enticing rewards and interchange fees are all major headwinds to being successful with credit.  These things in my opinion are causing a broken system that are keeping in...

Hi All, Victim culture is everywhere nowadays! People make all types of excuses for why they aren't doing certain things.  People don't buy Bitcoin and start investing because they come up with every excuse in their heads. They don't have the time, the money, the knowledge the pedigree - you name it!  Victim culture is preventing people from growing in their investments, and in the...

Hi All, In today's day and age, our time is so scarce and limited that we never have time to do many things that will really help us improve our lives.  Whether it is kids, work, activities, or competing priorities - we may not take the time to set up a strong foundation for automating one of the most important things in our lives- our investments.  In today's podcast I break down how ea...

Hi All, Happy Halloween everyone and happy Bitcoin Whitepaper turning 15 years old!  There was a lot of intentionality behind the Bitcoin protocol, that many of us can't even put words to all that we see working like a clock behind the scenes day in and out.  The Bitcoin whitepaper is a timeless masterpiece that concisely provides the world with what this protocol aims to do.  There are many...

Hi All, Money is one of the most important things in our lives next to family and loved ones.  In fact, we spend 40 years and 90,000 hours of our lives working for 1s and 0s and pieces of paper not backed by anything.  In todays podcast, I go into discussing the importance of understanding our money.  - Always looking at money from a historical lens - What we work for in the majority of our lives...