Satoshi's Plebs

The theory of the four year cycle has been around for a while. The data from the last three halving cycles have provided a pretty good amount of evidence to back this theory up. In this episode we cover what the four year cycle is and how you can use it to help in planning your DCA purchases of Bitcoin - essentially "supercharging" your purchases. Plus news and notes of course. News and Links Pres...

What is Secessio Plebis and how does it relate to bitcoin? What can we learn from the Roman Plebeians? The banking crisis and economic breakdown of the worlds major economic powerhouses seems to be coming to a climax. What can YOU DO abut it? Maybe it's time to begin your personal Secessio Plebis. More bank news this week including major news breaking after the recording of this podcast. This coul...

In my opinion the United States banking system is showing great weakness. This weeks collapse of two large banks demonstrates this. These banks collapsed for different reasons but both demonstrate the inherent risks of a fractional reserve banking system. What is going on? What does it mean for you? Is this going to affect the economy or you? Let's dive in.. News and Links Missouri Bill to Protect...

This week was a special episode with Kyrin Down of Mere Mortals. He and Juan have been working hard at the Mere Mortals Podcast providing great value for their listeners. We talked about how V4V works, traditional Internet advertising and how the Value 4 Value system can provide a better experience for the listener. Enjoy! News and Links Mere Mortals Podcast Why Nostr Matters Xapo Bank becomes fir...

This episode marks a pivotal moment in this podcast. I'm changing the name to better reflect the content that I'm producing. Over the next few weeks I'll update the website etc to reflect the new name. In addition, I cover the news of the week including a major interview that Gary Gensler (head of the SEC) gave to New York Magazine. News and Links The Three Generations Theory: How Bitcoin Reaches...

It seems all of Bitcoin Twitter and a good portion of the Bitcoin podcast / Youtube has been discussing "NFTs on Bitcoin". There is a lot of talk, a lot of noise and probably some misinformation. On today's episode we discuss what the fuss is about and how someone may choose to respond. So let's go!! News and Links ordinals and nft websites https://rodarmor.com/blog/ordinal-theory/ https://github....

It seems everyone in Bitcoin Twitter is talking about Nostr these days. What is it? Why is it important? Also, it seems that Nigeria is threatening to tear apart. Whats going on there seems to be all related to money. And the SEC seems to be wanting to go after every crypto product and company under the sun. News and Links Nigerian cash limits and the eNaira SEC reaches settlement with Kraken over...

"It's not that I like the Empire. I hate it, but there is nothing I can do about it right now". When Luke tells Obi-wan Kenobi these words during the early part of the Star Wars movie the sense of hopelessness is almost palpable. But it turns out of course that Luke CAN make a difference. In a very short period of time he is thrown into the war against a tyrannical government controlling the galax...

The bitcoin halvings have a major effect on the long term price of bitcoin. Understanding what the halvings actually are and when they will occur will happen can help with planning and even predicting the future price of bitcoin. January 29 2023 Weekly Close (USD) BTC - 23,774.57 ETH - 1,646.16 ADA - 0.396313 Bitcoin Block at time of recording: 774,285 Podcasting 2.0 Apps available at http://newpo...

If you have been a Bitcoiner long enough this will happen to you ... someone you know will talk to you about some coin that they heard was "better than bitcoin". A better investment, a better store of a value, a replacement for bitcoin, whatever. Let's dive into why, odds are, that's just not true.. News and Links Genesis Files for Chapter 11 Bankruptcy US Law Enforcement given access to money tra...

The world is awash in debt. The US leads the world economies (we're number one!!!) in amount of debt (31.5 trillion thank you very much). Who is owed this money? What will happen when we can't pay the debt? There are many questions when it comes global debt and the effect on the global economy. News and Links US Debt Clock US Budget Surplus / Deficit History Who Owns US Governmental Debt? Who Owns...

There is a new standard that is being implemented for cross-payment borders and bank interoperability. This standard is the ISO 20022 standard and there are two tokens that are certified for the standard. Are these tokens worth investing in? Let's break it down. News and Links Ripple Labs / XRP Stellar Lumen In 2022 Nigeria Spent 80% of Revenues on Debt Payment Germany Lights the Coal Fires Argent...

Many Austrians think that gold is a great store of value. It has a long history (5000 years!!!) as a form of sound money. But should it be used instead of fiat based money or is there a better solution? News and Links UK Nuclear Plants Face Shutdown over Windfall Taxes Italy Imposing 26% Tax on Crypto Profits NYT - Please go read the Bill of Right...really.. Podcasting 2.0 Apps available at http:/...

The Austrian and Keynesian economist view government management of economic cycles differently. The Keynesian economist have a guiding principle that the government is there to guide and manage the economy intervening during times of growth and recession. Of course the the Austrians are of the view that the government should be hands-off. News and Links SBF co-conspirators flipped Brazil Enacts Bi...

This spending vs saving narrative is one of the major differences between Keynesian and Austrian economics. Keynesian logic is that people in a nation shouldn't be "savers". They should be out spending money - driving the economy. It's your duty to spend and not save. Austrians think that savings is an important component of any healthy economy. Of course these concepts are at cross-purposes. Let'...

The Keynesian economics believe that deflation is bad  and "moderate" inflation is good. Austrians believe deflation is a good thing and inflation by money printing is a bad thing. History is proving the Keynesians are probably incorrect. Will the elite listen before it's too late (or do they even care?). News and Links Britain Energy and Food Crisis SBF Funded The Block Bitcoin Lightning Pri...

The Austrian and Keynesian economics are diametrically opposed on essentially every main point. Austrian economics call for "sound money" while the Keynesian economist desire "stable money". While they sound the same they are completely different. Let's dive in! News and Links https://en.wikipedia.org/wiki/The_Theory_of_Money_and_Credit Eurozone inflation drops to 10 percent Kraken Layoffs of 1,10...

There are two main theories of macro economics - Austrian and Keynesian. Austrian economics developed in the late 1800's Austria while Keynesian economics was developed in the environment of the 1930's Great Depression. I believe that it's pretty indisputable that the majority of the countries of the world operate under what amounts to Keynesian economics. I believe that these policies are what ar...

With the abrupt collapse of FTX it is certain to bring more cleansing to the ecosystem. While it can be hard to keep track of who is solvent and who is failing, let's dive in and take look. The next fail whale may be just around the corner. And how is the FTX hacker (possibly) suppressing the price of ETH? News and Links Brazil Freezes Bank Accounts Biden calls for Crypto Regulations Alameda was F...

Having been in "crypto" for almost a decade has given me a longer term perspective. I have seen exchanges die (not just FTX!), been rug-pulled, lost money to scammers and wasted money on worthless "assets". This current crypto crisis has me thinking yet again about my long term future with crypto. Join me for the discussion. News and Links Twitter Files Paperwork to Process Payments The Ethics of...

A lot has transpired since Sunday night's recording. I thought it would be best to do a shorter special episode to discuss this and the ramifications on the market moving forward. Podcasting 2.0 Apps available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/ I can be reached by email at mcintosh@gen-btc.com and on twitter at @McIntoshFinTech....

This week's news has Twitter all riled up. And it wasn't just about Elon's taking over. It seems that the FTX Exchange of Sam Bankman-Fried may be a little too cozy with Alameda Research . And Binance will be selling all their FTT tokens.. Is this all related? Will it crash the market? Does it matter? News and Notes Bank of England raises interest rates by 75 BPS Bank of England on Recession Fear...

There was a lot of news this week! It seems we continue the inexorable slide to a worldwide Great Depression. With interest rates spiraling up (and choking off long term capital expenditures) and inflations rates continuing to move higher it's almost inevitable at this point. The battle for how crypto regulations will develop continues to be fought. You should take the time watch the Youtube sessi...

The "hack of the week" gives us a chance to discuss both the importance of being safe with your crypto activities as well Sam Bankman-Fried's regulatory proposals. News and Links 3com/FTX security breach Sam Bankman-Fried policy proposal Erik Voorhees Response to SBF Policy Proposal EU inflation rises to new ATH of 9.9% UK inflation returns to double digits (10.1%) as food prices soar EU wants to...

The IMF and the World Bank have been around since 1945. The goal of the IMF is " The International Monetary Fund (IMF) works to  achieve sustainable growth and prosperity for all of its 190 member countries . It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being....