Come on a journey with host, Brian Cameron, as we clasp hands and take the leap into financial freedom and wonderment. Bitcoin Summer is a Bitcoin-centric, investment and financial education podcast. Bi-weekly Bitcoin news updates, investment fundamental analysis, and in depth technology how-to’s. Come for the knowledge, stay for the sunny weather! LFG!
Bitcoin. Why is it the superior money technology than money? An analysis of Bitcoin’s value proposition through the lens of first principles. Thoughts on the war situation. What do we do now?
Audio exclusive episode. Totally unscripted and 100% real. My thoughts on everything Bitcoin, investing fundamentals, and the broader macro picture. Whatever comes to mind, goes!
Today, I cover:
-Flipping the script on credit card companies and your economic picture
-Taking power and taking control of your finances
-Empowering your future, by carrying forward your hard work
Support the Show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-All the charting done on the show is done by TradingView
-Sign up and get $30 off your plan
-TradingView Referral link
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Original Airdate: Jan 7, 2022.
Markets are inside out right now and participants are either spoofing bids, liquidating longs, buying the discount, or calling for the death of Bitcoin. Let's take a sobering looks at the broader macro picture.
-Federal reserve surprise: more hawkish talk by the FED, what does it all mean?!
-What I'm watching out for Bitcoin
-FTX price spoofing, coordinated FUD, and the wealthy accumulating
-Banks changing their tune on Bitcoin..are they finally done filling their bags?
Episode mentioned in the show:
https://www.bitcoinsummerpod.com/episodes/trojanhorse
Support the show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-All the charting done on the show is done by TradingView
-Sign up and get $30 off your plan
-TradingView Referral link
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
What to expect for 2022 in Bitcoin world. Stave off the 2021 hangover, zoom out and chill.
-what to look for
-where we're going
-who's adopting?
-bitcoin bond
Bitcoin Summer now TWO episodes per week!
Support the Show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-All the charting done on the show is done by TradingView
-Sign up and get $30 off your plan
-TradingView Referral link
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Happy New Year!
Let's take a look back at 2021. It's been a wild ride with many, many positive and negative news stories for Bitcoin.
Support the Show!
-Lightning Tips on Twitter: Bitcoin Summer on Twitter
-All the charting done on the show is done by TradingView
-Sign up and get $30 off your plan
-TradingView Referral link
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Great combo and great gift idea! Take all the intimidation out of it and check out the easy to follow vid. Shoot me a subscription for more videos like this and twice weekly episodes!
Support the show!
Like and subscribe!
Follow and tip with Lightning: http://twitter.com/bitsummerrip
Packed show today. Let's talk about OPTIONS trading. We will tackle the basics of options strategy and a real world example happening in real time with the Bitcoin Summer portfolio. Original air, December 17, 2021. Let's dive in:
-Take a look at the BCS Portfolio performance and see how I have allocated the last bit of cash
-Writing covered calls on a stock. Cornerstone of the portfolio--SEE HOW!
-Options 101
-Aftermath of FOMC meeting and what's new with Bitcoin this week
SUPPORT THE SHOW!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Anyone else fed up with the FED?! My thoughts on the latest moves (or announcements rather) from the Federal Reserve. Deep dive into:
-Rate hikes priced in for Bitcoin and the rest of the legacy markets?
-Clip from a recent interview with Charlie Stern from askdadwhy from https://reddit.com/user/cstern917
-Bitcoin Summer Portfolio UPDATE: how are the trades going? what are the next moves? is the FED moves influencing portfolio trades?
-I share the cornerstone of investing to keep you successful for years to come. Easier said than done..
Support the Show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Credit Card receive $40 when you sign up!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
This episode, number 25 (can you believe it?) I will cover my new plan for fulfilling my dreams. With the tremendous help and support by my amazing wife, aided, in part, monetarily by the success of my investment choices, I have decided to pursue my lifelong dream of being my own boss; this time in the form of becoming a full-time swing trader.
This is what I’d like to do with the Bitcoin Summer Portfolio. I will be fully transparent with my portfolio choices, tactics used, trades made, and profit or loss made IN REAL TIME! With updates every week and will continue until at least December of 2022, I will pull apart the investing concepts and ideas that arise during the process. This way you will not only get to know the concepts, but you will also get to see them succeed or bellyflop as time goes on. I will still continue to put out tutorials on Lighting and all things Bitcoin, but those take much more production time, so those have to be few and farther between as it is. Therefore this new element won't detract from the regular course of the show. I need to emphasize this, and I will continue to repeat it through the course of this experiment, THESE TRADES AND TACTICS ARE NOT MEANT TO BE COPIED IN ANY WAY! I have no idea what I’m doing. This is for entertainment and educational purposes only and I, in no way, recommend making investment choices on the basis of what I discuss on this show.
Support the show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Youtube version: https://www.youtube.com/watch?v=lhcuiYaSRrM
Dusting off the charts to give you my view on recent price action and where we could possibly see ourselves by the end of the year and even into January 2022.
Also, we continue our discussion with family and newcoiner, Caleb (recorded late October). Included in this episode.
Support the show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Add another tool to your Lightning Node toolbox with Lightning Pool. In this tutorial, I lay out a step by step guide on how to post up your sats and lend out your liquidity provide inbound channel space for those who need it. Earn yield and support the LND network!
Mentioned in the episode:
Michael Levin from Lightning Labs: https://twitter.com/MichaelLevin
Preston Pysh Investors podcast: https://twitter.com/PrestonPysh
Terminal Web node ranking: https://terminal.lightning.engineering/#/
SUPPORT THE SHOW!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Inspired by this conversation with John Vallis and Preston Pysh: https://podcasts.apple.com/ie/podcast...
Original episode of The Investors Podcast: https://www.theinvestorspodcast.com/e...
Support the Show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Intro and New update
Segment 1: Exchange purchases and calculating cost basis
Segment 2: Moving BTC to cold storage
Segment 3: Exchange risk and why we store our BTC elsewhere
Support the Show!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
Today, I cover:
-Bitcoin at new all time high
-Futures ETF, but why we'd prefer a Spot ETF
-Other ETF offerings
-GBTC conversion from a trust into an ETF: what is the likelihood?
SUPPORT THE SHOW!
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Brian sits down with bitcoin newbie and brother-in-law, Caleb, to discuss all things Bitcoin. There is a huge gap between bitcoiners and newcoiners and I am here to be the bridge. I love talking about all the things that excited me in the beginning, but have become too jaded to consider nowadays.
In Part 2, we discuss:
o ETF announcement and a deeper dive into the difference between and ETF and a trust like GBTC shares
o Why you need to have a substantial holding of Bitcoin NOW, and not wait any longer if you’ve been sitting on the sidelines
o Corporate balance sheet adoption and Quarter 3 earnings announcements
o Fun with price predictions
o What’s the Bitcoin halving cycle?
o What’s the mempool?
o What are miners doing with their BTC right now?
o A chat about the difficulty adjustment o Fiat and the Petrodollar
o Frustrations with talking to friends and family that aren’t open to new ideas
o Reducing your risk and finding hope
Support the show:
-Lightning Tips on Twitter: https://twitter.com/BitSummerRip
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
In part 1, we discuss:
o The recent dip o Coordinated FUD
o Elon-Blackrock connection
o Portfolio and cash management
o It’s hard, but how do we stop focusing on short term price moves
o Why Bitcoin gives me hope
o Is it a good time to buy Bitcoin, or do we wait for it to go lower?
o Don’t make perfection the enemy of the good with investing in Bitcoin Stay tuned and subscribe to the show for next week, featuring Part 2 of this discussion.
MUSIC FEATURED: Ind3lible - 10 Bitcoin Commandments
Support the show:
-Lightning Tips on Twitter: Bitcoin Summer Twitter Page
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
· Level one understanding - Easiest benefit of keeping your mortgage to understand is mortgage interest deduction on your income taxes. For mortgages up to $750,000, all interest paid to the bank can be deducted from your income
· Level two understanding of keeping your mortgage: opportunity cost
· Level three - money printer go brrr
o Now it gets better, and this has to do with that pesky thing called inflation
o You’ve agreed to pay your mortgage with a nominal dollar amount and not by how much the dollar will be worth in years to come.
o Your $1012 payment in 10 years, only has a purchasing power of $390
Support the show!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Evergrande Contagion
· What happened – they skipped a bond payment and could default
· Held by Huge bondholders like Blackrock, HSBC, and UBS (not-so-friendly to Bitcoin might I add)
· What will happen?
o Scenario 1: Beijing bailout?
o Scenario 2: Single company punishment with bailout of suppliers, bondholders, and other real estate companies (who could quite possibly be going through the same sort of thing below the surface)?
o Either scenario they go with means more currency debasement, at least in China
· In fact, they have already pumped $14 billion into the market since Saturday, so I’m sure there has been a lot more not yet reported yet
· These include treasuries and mortgage-backed securities
· Was supposed to be in November, but I think it was already just a signal to get ahead of rising inflation worries that the average consumer is feeling—this spook of the market just shot this idea in the foot
· Will printing accelerate?
· What this means for Bitcoin?
o Bitcoin was created in 2009, as a response to over-levered companies, making bad decisions, deamed, “too big to fail”
Website embedding at bottom of show notes:
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Check out the Bitcoin Summer YouTube: https://youtube.com/c/bitcoinsummer
I open a channel to beef up liquidity to and from El Salvador to make it stronger and more fluid. Good time to do it with fees still depressed!
Also, today I cover the basics of Lightning Network and the new developments surrounding the space that will catapult BTC adoption across the globe:
-Layer 1 and Layer 2 of Bitcoin, and a preview into Layer 3
-Best features of the Lightning Network: Instant, inexpensive, and private
-How the Lightning actually works
-How Lightning channels work
-A look at the parabolic growth of Lightning and how it is slowly mainstreaming
-Large corporations, who think with their pocketbook, will be incentivized to accept LND payments across the globe -The inevitable fall of Western Union
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
· Everyone has their own Bitcoin journey, but my hope is that all our journeys lead to self-custody
· 1st consideration is financial security and privacy. These are the cornerstones to true self-sovereignty. Not to get all doomsday, but financial isolation, currency debasement, and other social control tools are typically a dictator’s most powerful weapon against a free and fair people.
· 2nd consideration is exchange risk. like Mount Gox in 2013, which lost $460 million worth of Bitcoin, or 850,000 bitcoin (equivalent to $42.5 billion today)
o You most likely have heard the saying, “not your keys, not your coins” and this is very true
· 3rd consideration is Bitcoin’s scarcity itself. If you are a hodler, you can either actively accelerate its scarcity or keep your keys on an exchange and have a neutral effect.
o If you keep your coins on an interest-bearing app, you are even creating sell pressure on Bitcoin due to short sellers borrowing those exact coins from you. BlockFi and Celsius make their cut and pass interest on to you, but just know you are actively lowering the value of those coins you care so much about.
· Liquid supply shock and how you can contribute! Chart by: @WClementeIII
· Custodial vs. non-custodial BTC wallets
· Hardware wallets
· Tutorial on checking your passphrase BEFORE you vault your Bitcoin: Ledger X Recovery Check app
· Preview of what’s to come on Bitcoin Summer: Wasabi Wallet coinjoin and Fully Noded UTXO managment
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
• How could enough capital possibly be placed into the market to reach the S2F and S2FX ($100k-288k, respectively) price levels?
• A deep look at Bitcoin market cap per USD invested metric. Compiled by Willy Woo: https://woobullcharts.com • How much capital will it take to climb back to $1 trillion market cap? to $100k BTC (S2F)? to $288k BTC (S2FX)?
• What would certain catalysts do to the price of Bitcoin? More S&P 500 treasury announcements, bank customer and fintech user adoption, company dollar cost averaging, etc.
• De-monetization of gold in the form of gold ETFs
• Build Back Bitcoin Infrastructure Bill announcement
Support the show:
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
NYDIG IS A SLEEPER BITCOIN BULL: quietly onboarding banks, credit unions, and fintech all across the US
On this episode, Brian covers NYDIG's quiet Trojan Horsing of Bitcoin to banking institutions across the United States.
TOPICS:
-Central bank digital currencies are going to strip away the banking business leaving them with no choice but to adopt an alternative asset class, namely, Bitcoin
-Analysis of a Frank Chaparro interview of Patrick Sells, head of bank solutions at NYDIG, on his podcast, The Scoop.
-NYDIG's partnership with NCR, the #1 global software provider for retail & hospitality and big implications for Bitcoin payments
-Providing turnkey access to 90% of banks across the country -When will the big four banks enter the fray?
-Bitcoin credit card rewards and the genius way NYDIG is solving some point redemption bottlenecks
-Credit underwriting re-education. How NYDIG is helping Bitcoin become a viable asset class that will bet taken into account by mortgage bankers and other lenders. This will lead to some major hodling!
-Where all the current top four mega-banks stand currently on Bitcoin
Support the show!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Bitcoin buy button and withdrawal option is now live!!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
· Don’t invest money that you’re not willing to lose. What does that even mean?
· Time horizon – it’s a different length for different needs for that particular allocation of money…so with retirement money, for instance, your time horizon is the longest – we break down the cash flow management side of investing – but, we talk about LONG time horizon here on the show
· Price vs. value – why we need to separate these concepts
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Then, use this link to get on the Bitcoin Buy Button waiting list: Get on the waiting list!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Brian and J do a deep dive into some of the hardest, and easiest, aspects of onboarding friends and family.
· How do you talk to your friends and family about Bitcoin?
· Retirement and investment implications
· How giving the gift of Bitcoin can turn people into long term hodlers—maybe
· Bitcoin getting lumped in with all the alt-coins
· Becoming your own bank and getting used to the feeling that you finally actually OWN your money
· Why banks are getting the hint that we don’t need them anymore and what they’re doing to keep our business.
· Can you use only Bitcoin as a currency? How does the volatility affect your day to day purchases?
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Then, use this link to get on the Bitcoin Buy Button waiting list: Get on the waiting list!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Brian and J discuss:
· Previous halving breakdowns
· Where we are in comparison 115 days after previous halvings
· Follow along this episode with: The Halving Tracker
· Price predictions for 2021 (that we made in May-June)
· What could give us a much healthier rise for Bitcoin and possibly create a super-cycle
· Why Amazon payments in BTC doesn’t matter to Bitcoin, but will definitely matter to the price
· Why ApplePay and GooglePay integration would be better for Bitcoin than Amazon payments
· You are NOT buying Bitcoin on Robinhood!
· Telsa, Elon, and swirling BS
· Make it through the correction with Bitcoin Summer. We keep you positive so you don’t have to!!
· Brian unleashes on the insane network effect of BTC
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Then, use this link to get on the Bitcoin Buy Button waiting list: Get on the waiting list!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
Brian and J have a 2-part discussion about Brian’s journey from the value investment world to finding Bitcoin
What we cover:
-Where was the investment bargains when the COVID threatened the stock market?
-Bitcoin’s scarcity statistics
-How the halvings (or halvenings) work and why the protocol leads to supply strangulation and NgU (number go up) technology
-Brief energy discussion
-Biodome
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Then, use this link to get on the Bitcoin Buy Button waiting list: Get on the waiting list!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
· A talk about Bitcoin’s valuation based on Plan B’s s2F and s2fx (Check out the article), and halving price movement analysis by Ecoinometrics (Subscribe to their Substack!).
· How Bitcoin will be more scarce (from supply side) than gold and what that means for Stock-to-flow valuation
· Margin of safety and building in investing mistakes into the price you are willing to pay
· Separating your mindset away from price and towards VALUE!
· Why the outperformance of large caps signify a sick system
· Next potential milestones beyond Apple and Gold
· Why the housing market is sick and prices are artificially propped up
· A healthy market demands higher returns for higher risk, but we are living in a world of higher risk for lower returns
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): Get Strike!
3. Then, use our unique link to get on the Bitcoin Buy Button waiting list: Get on the waiting list!
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: Get on the waiting list now!
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: NodeNook
-6.15% off when you enter promo code: Btb
· What is a market cap? How can we use market cap to help us invest?
· How to use market cap to compare different assets across all asset classes and value companies, bitcoin, etc.
· Why the market cap in, say, AMC, is a diagnosis for a sick market.
· Market cap of Bitcoin?
· How long it took other stocks to reach a 1 trillion market cap
· Staying rational and sticking to your valuation to guide your decisions instead of emotions
· What Bitcoin’s market cap could mean for the eventual price.
Make sure to subscribe to the show to catch PART 2!!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
1. Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
2. Follow this link (available on mobile and chrome): invite.strike.me
3. Then, use our unique link to get on the Bitcoin Buy Button waiting list: https://bitcoin.strike.me/?kid=1KMARH
-BlockFi’s Bitcoin Back credit card is out now!!
-Earn 1.5% back in bitcoin on every purchase
-Earn 2% back in bitcoin on every purchase over $50,000 of annual spend
-Earn 3.5% back in bitcoin during your first 3 months of card ownership
-There are no fees to use the card. No annual fee. No foreign transaction fees
-Sign up today and get on the waiting list: https://blockfi.com/?ref=b479bd73
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: https://www.nodenook.com
-6.15% off when you enter promo code: Btb
We are an onion here at Bitcoin Summer, but instead of peeling back the layers, we are starting from the core and adding them. We are all the onion core, and in order to help explain Bitcoin from an investment angle, we need to start with investment fundamentals. We can’t dive head first into investing, without paying down ALL of our bad debt. Hence, in our investment fundamental series here at Bitcoin Summer, we are starting our discussion at 0. Zero bad debt.
So, if there’s bad debt, that implies there is good debt. What is good debt? Is there certain economic benefits you can gain by holding debt? The rich are all debt free, right? Wrong. We cover all that and more on the 0th installment of our Investment Fundamentals Series. Get your debt skeletons out of the closet and let’s get to work.
Topics in this episode:
-Do not even think about investing unless you are completely out of bad debt
-Techniques on paying off your credit card debt. Easiest way: never keeping a credit card balance.
-Utilizing “good debt” to your advantage: if you’re responsible, you can use the techniques of the rich and powerful
-How you are draining your wealth by paying your mortgage off early. Lock in that 3% rate and ride into the sunset!
-You also get punished for paying off your student loans early!
-How you get motivated to take your life back and get control of your financial situation.
-Paying off bad debt IS an investment.
-The work/cash/bitcoin link and why it’s important to store your hard work, in order to enjoy it later.
-What to look forward to with our Investment Series
-Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality products with plenty of colors to choose from.
-Visit and check them all out: www.nodenook.com
-6.15% off when you enter promo code: Btb
-Also, we are proud to be giving away a red, white, and blue, limited design node nook to one lucky winner. We pay the shipping. Just visit our Twitter and follow the entry directions on our pinned tweet!
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
Intro to Bitcoin, The final installment!!
What’s included in this episode:
-The halving
-Being patient while learning Bitcoin
-What are the Bitcoin miners up to?
-What are your options while being boring and holding your stack?
-Tax implications of selling or trading your Bitcoin
Big thanks to the show’s first sponsor Node Nook! Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality and come in many designs.
-Visit and check them all out: www.nodenook.com
-6.15% off when you enter promo code: Btb
-Also, we are proud to be giving away a red, white, and blue, limited design node nook to one lucky winner. We pay the shipping. Just visit our Twitter and follow the entry directions on our pinned tweet!
In this episode we cover:
-The decentralized public ledger system
-The difference between technical and on-chain analysis
-Transactions, quick settlement, lightning network, and why it's better than banks and brokerage settlement
-Applepay/Googlepay implications for Bitcoin. When will Bitcoin functionality begin? Why haven't they put BTC on their balance sheets?
Big thanks to the show’s first sponsor Node Nook!
-Hide your cables and spruce up your node stations, with beautiful handmade Node Nooks! Super high quality and come in many designs. Visit and check them all out: www.nodenook.com
-6.15% off when you enter promo code: Btb
-Also, we are proud to be giving away a red, white, and blue, limited design node nook to one lucky winner. We pay the shipping. Just visit our Twitter and follow the entry directions on our pinned tweet! @BitSummerRip
Intro to Bitcoin, Part 2 of 4 - broken money, broken gold
In this episode, Brian and J talk about:
-1 BTC=1 BTC, why an arbitrary measurement of USD is troublesome when you have a broken measuring stick
-Why Bitcoin is better and more efficient than gold
-Why gold led Brian to Bitcoin
-Chill and Zen. Snakes and Alligators. Lazy money
***Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
Get Strike app (Step 2) using our promo code and get $5: 10LXVJ
Follow this link (mobile only): invite.strike.me
Then, use our unique link to get on the Bitcoin Buy Button waiting list: https://bitcoin.strike.me/?kid=1KMARH
1st installment of Brian’s Bitcoin Brief. A chat about Jack Mallers’ Strike app announcement and what that means for the payments market. Also, an explanation about the recent, historic difficulty adjustment and what that means for the price, if anything. If you would like to watch the video version of the news brief, watch it on YouTube: https://youtu.be/BmJcuoEJvpU
Intro to Bitcoin, Part 1 of 4: discussion on the basics of Bitcoin. Included in this installment is a surface-level dive:
-Excerpts from Jason Williams’ book: Hard Money You Can’t F*ck With
-What is power?
-Retirement discussion
-Compounding returns
-Why Brian thinks it is not financially prudent to be 0 Bitcoin and how that is going to be a central theme of the show
Mentioned in this episode:
-Strike is now the CHEAPEST way to buy Bitcoin and here is how you do it:
Get Strike app using our promo code and get $5: 10LXVJ
Follow this link (mobile only): invite.strike.me
Then, use our unique link to get on the Bitcoin Buy Button waiting list: https://bitcoin.strike.me/?kid=1KMARH
Let’s go back to the place where it ALL started! The pilot episode of the show that everyone has been talking about. Read the accompanying blog post, if you’re new here, but if not, welcome back!
Episode content:
-J, Bitcoin Summer producer, and Brian, your host have a wide-ranging discussion on the ORIGIN STORY of Bitcoin Summer and the reason Brian HAD to make this podcast
-Why it’s a great time to start a Bitcoin Podcast
-Brian’s background in investments—how the 2008 crash shaped his thesis
-Why has value investing been dying a slow death for decades and how did COVID not give us plentiful, life-changing investment opportunities
-What do you do with your cash? How do you store the energy you expend as you work your job?
-Brian and J’s history with Bitcoin—*hint there were illegal substances involved
-Why Brian is leaving behind traditional finance
-What you can look forward to on the show!
-Why we “buy the dips” and how Bitcoin summer can be yet another dip support system. We are all on this ship together, and those that aren’t, come aboard!
We are starting from 0 fans and 0 followers, so if you like the show, please show your support by writing a review for the show wherever you listen to podcasts.
-Follow us on Twitter: @BitSummerRip
-subscribe to our YouTube: https://www.youtube.com/channel/UCm2ul72tICgvaC-Kms1echw
A Bitcoin-centric, financial education and investment podcast.
Check out the show and subscribe on your favorite podcast app! Come one, come all:
-Bitcoin-curious no-coiners
-Newbies looking to become experts with us!
-All-inners in need of tactics to orange pill your loved ones
-Bitcoin news junkies
-Something for all level of investors, covering all aspects of value investing - and why that only means Bitcoin for Brian
-Everyone. Anyone intimidated, wavering, or teetering on the edge.
Join us and we can all become Bitcoin, long term hodlers, and money experts together!