We are for sure, talking the same thing, most definitely. I ended up using the term 'human being' and the words in that order as upside down in the fiat world we live in. The fiat world us upside down and the kind of human the fiat world encourages us to be is so upside down. The emphasis should be on "being" human and so 'being' should come first - "being" human. But the fiat world doesnt want us to emphasise this. The fiat world doesnt want us being it. So became the term so widely knows as 'human being'. The fiat world undermines "being" part of 'being human' therefore 'human being' is the preferred term, 'being' is less important, so comes second. Not sure if ive got this across very well You replaced the word "being" with "doing" which I really liked too, so human doing instead of human being. That was nice. But I couldnt really incorporate "doing" into my thought when I was thinking about how the fiat world has turned our society so upside down. And it seemed to fit and it felt like the term human being has become upside down too. So when i was thinking about it, the fiat world has literally convinved us of reality being so upside down. The term 'human being' is therefore also upside down, so I prefer the words being switched the the right way round, - "being" human. Hopefully you get what i mean... if not then im in a world if my own as usual. 😇 You talk about first principles alot. I agree with this approach and I try to apply this to my every day life. I am surprised by some of the revelations, many things we do, and take for granted and dont really question, Ive come to realise are not required, and unfortunately are a hinderance to our life. This applies everything from health, to the people we are around, and the things we have become dependent on. In terms of health, an example could be, when I stopped putting any products on my skin, the improvement to my skin health and overall health has been significant. Less is more. Or I prefer to say do "nothing". Its funny but practicing "nothing" has enabled me to become more human. We are constantly told to do this or that, behave a certain way, society pushes us to do things that dont always feel natural and the end result often make us less human. To make us look a certain way, or be a certain way, to fit in. In the end, we end up being detatched from experiencing the actual human experience. And we end up expereincing something else entirely which dont always create the best results, not always pleasant, and dont always make us feel great either. As with money, where we are trying to opt out of fiat, to stop fueling a system which is so destructive, and into bitcoin which creates much more positive incentive structure, there are so many other facets non money related which we can also opt out of which we think is essential but when we disect with a first principled approach, we discover that we are better off doing "nothing". "Nothing" is a very difficult approach. When we are faced with a problem, so often we think we have to solve it, we have to be the hero, we need to use our intellect, creating a solution. But often our actions are directly causing the problem and many more problems. Our attempt at solving an issue causes a bigger problem. And then we get stuck in a cycle of problem solving, to fix something that causes another problem and so on. What makes things even more confusing is when we fix a problem, we feel relieved and happy, becayse the initial problem has been resolved, only for the problem to reform and change into something that isnt always apparent in its connection. I think this is where some of the phrases come from "less is more", "simplest solution is the key". Etc. These phrases are true because they are closer to doing "nothing". Its funny but the phrase, "I tried everything but nothing works" the emphasis should be on "nothing". Its like we know the answers, we tell ourselves, we are so close, and then we throw ourselves onto a tangent and then we end up not knowing. Problem with "nothing" is it doesnt really contribute to the economy, doesnt make money, its hard to sell, hard to market, doesnt do much for our ego, but I tell you Daniella there is some serious truth to it. I live by it and always consider it as my number one strategy when faced with a problem. Most problems are solved by this. When I am unablr to literally do "nothing" then I think, how can I do the next best thing as close to nothing as possible. If a solution is very convulted and complex, then I try to avoid it at all costs. I usually find a much simpler work around. And it works out better in the long term.

Nice! Excellent work Daniella, too much good stuff to unpack. What does it mean to be a human being? Maybe we should start with "being" human! Crazy, they inverted it the wrong way round, (intentionally no doubt!). We should never have become a human being, the fiat world taught us to become a human being. We were always meant to, "being" human. This cant be a coincidence, almost like they are saying, no no no, some how the fiat world convinced us that its now outlawed to "being" human. But we are taught that human being is what we need to strive for in this fiat world we live in. Its the civilised way to live, its the modern way to live, the elegant way to live, sophisticated, suave, all while pushing us further and further from "being" human. Purging us from "being" human. We been tricked, thinking the prize is becoming a human being. As usual the fiat world loves to take the piss out of us to our face, and we have naively fallen for it. Society constantly pushes us away from "being" human. We are made to feel ashamed of "being" human. From day one we are pushed into covering up "being" human. From a young age, a perception is created and then re-enforced over and over, driven into us by the fiat world. And then we wonder why, there are so many negative things in society, all the fighting, the nastyness, treating each other with disrespect, fucking each other over. This is not human nature, its the result of not "being" human. Its the result of the fiat world pushing us into becoming a human being, rather than "being" human. Fiat plays an integral part in enabling this skewed - 1985 - reality from dominating. Why does our society go so much out of its way to stop us "being" human. Whats with that? Why is it that the fiat system we live in is so threatened by those that experience "being" human. Whats with that? Seems like alot of effort, energy and attention has been put into, by our fiat dominated society that stops us experiencing "being" human. Why does the fiat world not like like us experiencing "being" human? Maybe because a person "being" human, cant be controlled in this fiat world we live in. Hence why we are tricked into becoming a human beings instead. "Being" human is how its always meant to be. As opposed to the human being that the fiat world has locked us into. Bitcoin enables us to unlock ourselves from the fiat world that is stopping us from "being" human. It breaks our obsession with the fiat existence of becoming a human being. If deflation is the natural state of a free market, then bitcoin is the perfect measuring stick, to measure this deflation. Im excited to experience deflation. Im excited to experience "being" human. Ive realised Ive been played by the fiat world. They tricked me into striving to become a human being, when all along the goal was always, "being" human.

Im weary of bitcoin backed loans because they are so new. So ive decided to sit it out for the moment to see which lenders are still around in a few years. As long as your leaverage is a small % of your bitcoin then I dont think its too concerning. Eg. If you took a loan against 5% of your total bitcoin, then it would have to drop by 90% to get liquidated. Because you need to put up double the amount of loan. I think thats right 🤔. So bitcoin would have to drop 90% before your bitcoin would be at risk. So it would have to drop to 7k. Seems like impossible... On second thoughts, when the price was dropping from 80k+ to 60k, that would have been terrifying to experience if I had a loan. Because when it drops, it really feels like it will just keep going with no end in site. Maybe a loan of 1% of your total bitcoin would guarantee it. The problem with lending against an asset such as bitcoin, yes true this is how the rich stay rich, but they are typically borrowing against an asset such as property that isnt so volatile like bitcoin and would hardly ever fluctuate by 50%. I can see why many are staying away. Im not sure Id have the stomach for it during times of volatility I also expected to be well above 150k by now. The min target I had in my head was 200k. Lets see what happens... Time will tell if we go into a full blown drawn out bear market or if we bounce back. 🤞

Must have been an ai robot serving you. 🤣

I noticed that. Haha. Weird. We can speculate what impact bitcoin will have on society. Its hard to see how things will practically turn out in real life. But its interesting thinking about it. In science / evolution, there are times in history when humans evolve really fast. And it cant be explained by science or darwin theory of evolution. I think its when the environment changes drastically, humans and all living things adapt accordingly. Life has a remarkable ability to mould round its surroundings. I see bitcoin as similar. Its changed the "environment" or the rules that govern our society. As a result humans will adapt, and our behaviour will change significantly really fast, something thats doesnt normally happen so quick. Alot of the negative things we see about our society, we often say its just human nature, is actually because of the rules that get pushed in our society. And then we are just responding accordingly. I do think bitcoin will change things fundamentally. But getting rid of the money printer is key. If US dollar can hyperinflate in say 10 years plus, that gives bitcoin time to overtake gold. And then whatever replacement fiat is created after the US dollar crashes, the people inevitably reject it and select bitcoin. No fiat currency will dominate and bitcoin becomes recognised as a global dominant currency. But I recognise that there will be forces stopping this kind of future. And cbdc is the goal. I think to myself who in their right mind will accept a cbdc. Poor, desperate people, combined with fear and it appears you can convince the masses of anything. Look at how they locked us down during covid. Nobody questioned it. I was the only one on the streets, breaking so called lockdown rules, driving, id see a cop car and instantly feel, will they pull me over. It was like Mad Max, and the cops were the crazy lawlessness on the streets imprisoning us. I visited friends, and neighbours grassed us up to the cops. I visited my aunty and she wouldnt let me passed the front doorway, we spoke in the front garden. I do hope we learn from our past mistakes and wise up. Its a great job you doing Brian, you are onboarding as many people as possible onto the bitcoin life raft. It will make a huge difference to the lives of many. Keep it up man. 🧡

You could consider a bitcoin backed loan. Ledn seem to be the most trustworthy but their 12% interest rate feels expensive. The good thing is you can pay it off early. No penalty. Other lenders offer lower interest rates, but not really looked into them. fire fish I've heard of but not researched. Maybe a normal tradfi loan? Could get a better interest rate.

Good to see your show today . I thought we would have had much more resistance at 70k, but it fell through like it was nothing. Not really sure when it will bottom, my crystal ball definitely isnt working. 🤯😳 For me its tough to gauge whats happening because we havent yet had retail enter, no blow off top, no altcoin market (as much as we hate shit coins, I think they will always be around in some form or another). I think this bearish action wont last too long, a few months maybe. I still think new ATH later in the year. 🤞 You are right Brian, be very careful if anyone thinking about trading. Im not going to consider this at all, too hard to predict when it will turn. If I can get hold of some fiat, will definitely be buying more Bitcoin. People have been blessed with the opportunity again, to buy 1 whole bitcoin at such a low price. ✊

Alex Glasse is rotating a small portion of his capital from bitcoin and into bitcoin treasury companies (btctc) While bitcoin crashed to 60k, MSTR dropped to almost $100. So MSTR is over 80% down from its all time high. Other bitcoin treasury companies are down even more over 90-95% down. So by allocating a SMALL AMOUNT of your bitcoin as a bet that MSTR and these btctc will out perform bitcoin in the short term, I think is not a bad strategy at all. For gods sake dont sell all your bitcoin, and go all in on btctc. I said allocate a small %. If it doesnt work, then your life has not changed significantly to the down side. But, if it does work, then I think its a sensible way to grow your wealth faster. Long term, I always advocate, sit tight, let your bitcoin do the work for you, ride a majority of your bitcoin throughout all the ups and downs, hodl is the strategy thats always worked for investors, for as long as investing has been around. https://youtube.com/shorts/zPvWB0FQBeU?si=9LvGiNcTtyU0d7uQ

Wow price is taking a right beating! Back down to 74k Its amazing how bitcoin just cant be stopped. Even if internet is switched off, transactions can still be transmitted by hamradio. Impressive. What an opportunity we all have to buy again below 100k. Surely, it must bounce at 70k as this was the previous top in previous cycle. If it does drop below 70k, then its such an amazing buy (even at 74k). 🙉 Thanks for the show Brian, you were able to squeeze in despite your busy weekend You are like the bitcoin blockchain, every 10 minutes new block, twice a week same day same time, tik tok next block. 💪💪💪

I still think learning to play dead is the best strategy, Remember your post, time in the market is better than timing the market. But of course if you need to buy things / spend money then might as well buy these things when in a bull market (so you could describe this as profit and cashi g out because you effectively spending less bitcoin). So the time to have done this was last year. I think thats what they talk about when they say short term vs long term time horizon. It gets you to re- evaluate if you really need something. If you dont need the money and can live without buying whatever you thinking about buying, then forget about so called "profit", sit tight, and learn to play dead. You will be better off in the long term. https://njump.to/

Thanks @ukbitcoinmaster another good show. 👍 I will check out keet messenger, is this it https://keet.io/ Also how do you avoid using uk sim cards? You mentioned myfi unit, did i hear that right? I remember Naomi brockwell on yt talking about avoiding sim cards to protect privacy, but never followed up on this. Thanks Brian, some good info in todays show Cheers. 👍

I do agree, atleast 80% of people dont seem to have the abity to see beyond what is physically present today. They seem to lack the vision, for whatever reason. But if we manage to get on a bitcoin standard, then everyone will have no choice but to have and use bitcoin. If we cant get rid of the money printer then bitcoin will continue to go up at a bigger rate, and we will continue to see the blow off tops (which is good for us, number go up) The best example to look at, if money printer remains is gold. Even though its highly manipulated through paper gold, its still been a good store of value in the long term. So thats the worst case scenario. Bitcoin grows extremely fast through its many multiples untill it atleasts matches market cap of gold (~30x from here). At which point lets assume after that it grows similar to gold. Not too shaby. In this scenario, the 80% will be living like peasants, but we tried our hardest to bring them along. 🤷 I prefer and hope for an even better future. If we do get rid of the money printer and we are living in a bitcoin standard world then new people getting in at that stage wont see eye watering gains like we do, but atleast they wont be robbed blind through inflation. And then in the distant future bitcoin will continue to go up at a gradual but much smaller rate. Which is still good. And remember in bitcoin standard world everything gets re-priced to the real value in bitcoin. Many things come down in price. Eg. Its only because of fiat / money printer that houses cost so much. And many other every day things are inflated too, also come down in price. So in this scenario, whatever plays out, its a win win situation for us all, its a win even for the 80% who lack the vision (assuming bitcoin standard world). Quite rightly we get rewarded the most for being able to have the vision and see how the world will change, before it happens. Thats fair. I do agree, atleast 80% of people dont seem to have the abity to see beyond what is physically present today. They seem to lack the vision, for whatever reason. But if we manage to get on a bitcoin standard, then everyone will have no choice but to have and use bitcoin. If we cant get rid of the money printer then bitcoin will continue to go up at a bigger rate, and we will continue to see the blow off tops (which is good for us, number go up) The best example to look at, if money printer remains is gold. Even though its highly manipulated through paper gold, its still been a good store of value in the long term. So thats the worst case scenario. Bitcoin grows extremely fast through its many multiples untill it atleasts matches market cap of gold (~30x from here). At which point lets assume after that it grows similar to gold. Not too shaby. In this scenario, the 80% will be living like peasants, but we tried our hardest to bring them along. 🤷 I prefer and hope for an even better future. If we do get rid of the money printer and we are living in a bitcoin standard world then new people getting in at that stage wont see eye watering gains like we do, but atleast they wont be robbed blind through inflation. And then in the distant future bitcoin will continue to go up at a gradual but much smaller rate. Which is still good. And remember in bitcoin standard world everything gets re-priced to the real value in bitcoin. Many things come down in price. Eg. Its only because of fiat / money printer that houses cost so much. And many other every day things are inflated too, also come down in price. So in this scenario, whatever plays out, its a win win situation for us all, its a win even for the 80% who lack the vision (assuming bitcoin standard world). Quite rightly we get rewarded the most for being able to have the vision and see how the world will change, before it happens. Thats fair. I do agree, atleast 80% of people dont seem to have the abity to see beyond what is physically present today. They seem to lack the vision, for whatever reason. But if we manage to get on a bitcoin standard, then everyone will have no choice but to have and use bitcoin. If we cant get rid of the money printer then bitcoin will continue to go up at a bigger rate, and we will continue to see the blow off tops (which is good for us, number go up) The best example to look at, if money printer remains is gold. Even though its highly manipulated through paper gold, its still been a good store of value in the long term. So thats the worst case scenario. Bitcoin grows extremely fast through its many multiples untill it atleasts matches market cap of gold (~30x from here). At which point lets assume after that it grows similar to gold. Not too shaby. In this scenario, the 80% will be living like peasants, but we tried our hardest to bring them along. 🤷 I prefer and hope for an even better future. If we do get rid of the money printer and we are living in a bitcoin standard world then new people getting in at that stage wont see eye watering gains like we do, but atleast they wont be robbed blind through inflation. And then in the distant future bitcoin will continue to go up at a gradual but much smaller rate. Which is still good. And remember in bitcoin standard world everything gets re-priced to the real value in bitcoin. Many things come down in price. Eg. Its only because of fiat / money printer that houses cost so much. And many other every day things are inflated too, also come down in price. So in this scenario, whatever plays out, its a win win situation for us all, its a win even for the 80% who lack the vision (assuming bitcoin standard world). Quite rightly we get rewarded the most for being able to have the vision and see how the world will change, before it happens. Thats fair. 🎯

Good to see you invest more of your time and energy into nostr and rumble. I got sick and tired of my messages being constantly censored on yt, so I now keep interaction with you tube to a minimum Yes, Ive got that gut feeling too. When bitcoin does rip, we will all be sitting back enjoying the show. 🚀

Good show . The clip with the guy saying bitcoin is guaranteed to crash, dont buy it, was halarious. At one point I actually thought maybe he was being intentionally sarcastic, because each time he said it crashed, the price was always higher at the bottom, than previous high in the previous cycle. I was waiting for the pun that just didnt come. 🤣 Financial Times, being Financial Times. They are leading lambs to the slaughter. Its such a shame, so many people will will lose out big time because of FT. I hope FT readers will wake up before its too late. When Wright Brothers first achieved manned flight in 1902, it took years before mainstream scientists accepted it as real. Infact it wasnt untill 1908 that mainstream newspapers began to report it. Bitcoin feels similar, mainstream economists, nobel prize laureats are in denial, they cant believe that their own models that govern money could possibly be wrong. Physicists and mathematicians were proven wrong by 2 brothers that were bicycle mechanics. Way too much for the experts to stomach. Bitcoin is similar. The expert economists laugh, it has no intrinsic value, backed by no government, no recognised authority. They underestimate the power of the combined authority of decentralised individuals all over the world, spread out, so they cant be silenced. These are just normal every day people, maybe even bicycle mechanics, lorry drivers, office secretaries or factory workers, all running their bitcoin nodes. Its a paradigm shifts thats never existed. I think its only a matter of time before more and more people realise that bitcoin will not go to zero. Lets stay firm with our diamond hands. Bitcoin is going up forever. 🙌

Stake n shake is impresssive, big chain taking bitcoin lightning. Nice. 👍 Good show . I think its a good effective strategy, wear people's patience out. Many, even those that have bought bitcoin dont have the patience to sit tight. I agree dont let them take our bitcoin. Time to show off our diamond hand. 👐

Good interview . Thanks Robin Thatcher! Is Robin on nostr? Thats really annoying, seems like here in the UK we are locked out from taking out a bitcoin backed loan! It does seem lime we will be subject to CGT. Ridiculous! So when the loan ends, and we get our bitcoin back, thats effectively buying back the bitcoin. What about when we borrow against our house (re-mortgage) This is not a taxable event? Otherwise we will have to pay CGT everytume we re-mortgage. I hope lenders accomodate for us in the UK so ownership of bitcoin stays with the borrower, multisig wallet would settle this. And if any contract breach occurs, then bitcoin is lost at which point would then be classified as a taxable event(?) When we remortgage house, the deeds are held by bank. So that would be the same thing as multisig and lender can take our bitcoin if we default on the loan? Just like ehen bznk repossess house if borrower defaults on the loan.

I read some where that the most succesful investors in the world are dead investors. These are investors that died and their families didnt realise they had bought certain stocks. And many many years later, they finally discovered the investment and because it hadnt been managed by a so called "professional advisor" who thought they knew better, the return was far greater. The reason why Warren Buffet is such a succesful investor is because he learned the art of playing dead. We call it hodling. Yeah I 💯 agree, time in the market is far superior than timing the market.