The 1 Bitcoin Show- Russell Okung walks the BTC walk! Argentina, privacy, preservation of wealth!


Hello everyone this is adam meister the
bitcoinmeister the disrupt meister
welcome to the one bitcoin show today is
August the 12th 2019 strong hand one
bitcoin equals one Bitcoin now you’re
wealthy bitcoin offended by selling
bitcoin is the next bitcoin be a unique
beast uncompensated will holder of last
resort world reserve cryptocurrency
follow me on Twitter at Tech ball Tec HP
alt check out the archives disrupt
meister calm tone days was on on the
friday this weekend big point show
saturday beyond bitcoin show was also
yesterday’s show was also it is all
linked to below hello my elite friends I
am feeling energized today I was last
lecture was really late got some good
sleep and did my 46 hour fast a few
hours ago and baby I am good to go
and so you those in the chat you want to
do the super chat send the super chat
question I will answer it next show busy
save all my super chat questions there
alright let’s start off with a tweet by
another guy who’s been only this week in
Bitcoin show before Phil Geiger down in
Austin Texas
I’m truly I am a truly terrible investor
I’ve never studied finance read
literature about trading technical
analysis or work with a financial
advisor I just buy and hold Bitcoin
while working my day job I’m only up 55
X or my investment is that bad
can can an expert from Wall Street help
found that like button dude that’s the
attitude you took control you don’t need
a third party telling you what to do you
don’t need to fit in to the Wall Street
people to the traditional finance people
to the tea with the tea a people know
you’re doing it you’re going your own
way with your Bitcoin you’re an awesome
investor but in the I but but people you
do nothing you buy and hold you say
that’s nothing compared to what these
fancy people are saying
you know it’s not about the fancy set
some graphics it’s about long-term
thinking having that strong hand and
never letting go that big coin that’s a
strategy that’s a real strategy they’re
not this nonsense of coin flipping do
not FOMO on all coins pound that like
button though okay Russell
oh come of what he plays for the San
Diego yeah excuse me Los Angeles
chargers well this dudes emotion he’s
putting his money where his mouth is
where he’s organizing something at least
he’s got a tweet out there any site
Bitcoin is calm and I went to below and
I’ll read what it says I hope you’ll
join me in LA I believe this is in
September for an educational event
designed for Bitcoin rookies I’m excited
to share Bitcoin is with you because I
believe the way that you finish that
phrase Bitcoin is and the way you
understand Bitcoin is a very
consequential question for every person
alive in 2019 Bitcoin is many different
things to a wide range of people
for me it coin is freedom above all else
well great Russell I am great Bitcoin
I’m happy to hear that bitcoin is
freedom to you and that you’re spreading
that word of freedom to rookies in the
LA area you are a famous person so there
are a lot of 80 percenter types who are
just gonna be like oh I want to make
some money Russell’s cool gonna happen
but they’re gonna change they’re gonna
learn about saving they’re gonna learn
about long-term thinking you got some
guests lined up got some speakers you’re
going to tell them about freedom and
about being independent in controlling
their own financial destiny not relying
on other people so this is news this is
great news you maybe you heard it
somewhere else I don’t know that’s kind
of new as you get here on the
bitcoinmeister channel that’s a hardcore
grassroots stuff and maybe bring in many
people from the LA area many people who
most people will think would never be in
the big does Bitcoin does not
discriminate anyone can get in so it’s
great that a guy like Russell is
bringing it trying to bring it to the
masses so pound that like
button rustle Oh Khan for reaching out
to Bitcoin rookies because I Hey
everyone said everyone’s a rookie at
some point in all in whatever field
begin in to be at the NFL or Bitcoin oh
yeah feeling elite how my elite people
doing out there yeah you can say
Brussels an elite football player okay
you’re an elite Bitcoin holder because
you’re watching the one Bitcoin show you
know to get that one Bitcoin than two
then three than ten so on and so on long
term thinking and again you’ve that you
understand what means the value you’re
out the Bitcoin people are like I don’t
want to go sell your big why would I
sell my big coin I mean I think it is
money that that’s my wealth in the
future you’ll be able to use your
Bitcoin to buy but right now you could
buy things with Bitcoin I mean right now
I’m sure if I went to some developing
country and there was a guy who
understood what Bitcoin was there he
would trade me a lot for it for a
Bitcoin put me up who knows
give me a resort I don’t know but uh
yeah I truly got a my wealth and pick
but I don’t think about cashing it out
into dollars what the heck this is my
money this is the ultimate money all
right yeah oh yeah when would he what’s
the name of it the the security truth
machine yeah all right
so again sports moisture calm you can
get all my podcast and yeah there’s some
shows that are only an audio podcast
form I actually into one specific one
below click on it check it out the
podcasts have been growing quite a bit
and I think it appeals more to the 20
percenters because there’s no fancy
social graphics they want the content so
I’m proud of that
I’m glad that people just want to hear
they don’t they don’t need to see this
t-shirt so you can get t-shirts link to
below and of course these dudes in my
enmity and Alberta Bitcoin solutions
what are they bitcoin solutions that CA
or BTC Edmonton I was what I was in
enmity now I was in a meeting about a
little over a year ago a love a love
Alberta best province in Canada well
yeah in many ways it is I mean there are
some good provinces out there
I don’t pick favorites I love you all
all Canadians now uh-oh whoa what do we
have here coin desk a coin desk Lauren
Adams talking about a coin desk article
well the reason I bring out this freaky
coin desk article is because this KC
dude I mean I don’t know if this was his
fault but on the front page of coin desk
they have clickbait uh currency war with
China
Trump’s currency war is big coins
do-or-die moment that’s what it said on
the front now the art title is Trump’s
currency war with China could be
bitcoins do-or-die moment well first of
all yeah
Trump’s currency war is bitcoins
do-or-die totally clickbait because
that’s not true but Trump’s currency war
with China could be bitcoins do-or-die
moment
no no there’s no do or do or die moment
for bitcoins just another moment they’re
going to be plenty of moments where
countries or do foolish things and in
terms of Finance I mean that’s what a
bureaucracy is all about government
bureaucrats are always making mistakes
that’s why we want our own private money
that’s why we don’t want to be involved
in a financial system that’s controlled
by governments that’s why we opt into
the Bitcoin overlay okay yeah opt into
it so they’re going to be plenty of
countries doing plenty of silly things
that should wake some people up they’re
not do or die moments for Bitcoin for
individuals they should be wake-up calls
it’s not about Bitcoin doesn’t care
Bitcoin doesn’t care it’s about
individuals caring about their financial
future when something like this happens
but in terms of it the currency war each
other with with China unpacking the one
and the trade war tariffs etc etc this
is this is a situation that involves
higher-level finance I mean guys who are
investing in commodities and into into
large corporations that do trades
between China United States and if they
make mistake they make the mistake it’s
the end of the world they can diversify
into so many different asset classes
okay we and when I’m talking about when
we’re talking about countries making
financial decisions that impact
individuals have it Argentina
what’s going on in Argentina right now
they’re a I believe it’s a socialist you
just want some primary election and now
it appears that he might win the the big
election and become the next leader of
Argentina and that the threat of more
financial instability perhaps printing
of the peso more who knows that affects
a lot of individuals in Argentina that
could wipe out their wealth and that so
they need to get into Bitcoin if they
wouldn’t preserve their wealth okay
we’re talking about Trump’s currency war
China’s currency war some of these
high-level traders that are divestitures
diversified in so many different assets
they don’t me they’ll they will
financially survive this this situation
so you know painting it as such a big it
is a big worldwide you know China and
then I say she was to tremendous the
biggest economies on the planet so yeah
it’s uh it’s a big story but is it when
you boil it down to individuals
something don’t like what’s going on in
Argentina is much bigger to individuals
there then then this situation is that
that coin desk is front paging but let’s
and and let’s go to the situation in
Argentina right now they just today
because of the the pace are lost a lot
on the dollar and on Bitcoin and if you
look but this what’s been going on in
Argentina last week big point is at an
all-time high in Argentina in terms of
peso it is it’s higher basically and it
was in the old days when the 2017
all-time high that were used to the
United States same thing basically in
Uruguay now because you’re is some of
the spillover is going into Uruguay what
happens in orange
you know there’s always an effect in
Uruguay but the the Uruguayan peso is
not losing value as fast as the freaking
Argentine peso it’s okay actually the
Argentine peso is now worth less than a
year ryan peso which is unbelievable you
know considering I mean Argentina is
such a more much more productive and
populated country than Uruguay but again
they they have been through this before
did you have a president who had some
was logical in terms of what he had to
do in terms of finances but the people
there they there are a lot of 80
percenters they want someone to take
care of them so just just in Argentina
currency tumbled and the cost
– was this the cost to insure against a
debt default swelled a day after
opposition candy Alberto Fernandez now
is he feeling very that Christine Annie
Alberto Fernandez I do much research
into this won a primary election stoking
concerns of the populace come back just
two months before the presidential vote
all right so is he related that cristina
fernandez is that her son i don’t i do
not know that i mean i mean anyway
cristina fernandez was the last
horrifying leader they had over there
she was originally married to another
president continent and it seems to be a
trend ins in countries in the what like
the wife why not which mostly qualified
if she was the wife I’ve heard that
somewhere before
don’t pound that like bump for that but
pound that like button for me saying
that because I could say anything anyway
but the point is Uruguay Argentina they
are serious countries okay they have
running boy I mean there’s a lot you’ve
never been here before you on what South
America no they’re very European like
countries you’re walking around every
state places for everything is modern
but but they don’t they are terrible
with their currency and they inflate it
away and so people are used smart people
by ways to protect their wealth okay and
that is Bitcoin
that is what they
beginning in two and we have been on
this show and on a few other shows
people have brought up Argentina in the
last two years whatever I was in
Argentina and Uruguay a little over a
year ago and I was in Santiago which is
different Chile is different is is not a
financial basket case like Argentina is
they have freedom much more financial
freedom they don’t try to meddle with
things like Argentina does but the point
is in a in a country that’s composed of
the voting population that Argentina is
you should have known for quite some
time to getting the Bitcoin okay and so
a lot of people did get in the Bitcoin
I mean they were they were buying
Bitcoin when it was supposedly at
all-time highs in dollars and they’re
doing fine right now in terms of
protecting their way because they would
have kept it in argentine pesos i mean
it’s it’s falling so much since uh just
over the last two years over and again
they’ve had a good financial leader
recently um and now they’re getting
scare they’re about to have a bad boy so
this this is the life in some of these
countries we are not familiar with this
in the united states or canada really
about what goes on in butyl i’m in your
when Argentina are safe and beautiful
you really can’t tell when you’re on the
streets that there’s financial mayhem
behind the behind the scenes but again
if you’ve got a bank account you surely
can I mean I oh yeah when I’m walking
the streets of Buenos Aires I don’t have
a back so it doesn’t affect I’m just
buying stuff and I have I do I did
notice how they would very happily take
my dollars at the bus station I’ve
mentioned that before but but this is
the point is this this is not in serious
countries where it is safe where it is
nice they’re not third-world countries
or anything like that this kind of thing
happens and this is why there’s a you
this is a use case for Bitcoin
protecting your wealth for all those
peoples all hoarding is horrible or
what’s this about a preservation of
wealth and the people should be spending
they should be spent no no this is you
have to say they do this is the pure
exam
what’s going on in Argentina all right
Pat pound that store a value store a
value people there’s so many there’s so
many haters out there later good for now
how did it become a store of value coin
go to Argentina you’ll see how it did
it’s it’s beautiful down there pound
that like it protects people against
government ignorance which will never
end and it’s just it’s a different level
of incompetence in every country so
Argentina’s it always reverts back to
incompetence again it’s South African
incompetence is worse sometimes but they
have other checks and balances that have
kept the rand better than the peso
lately but again plenty of dudes in in
South Africa for other reasons know that
they gotta have that mentality that they
have in Argentina again the big point
preserve your wealth talked a lot more
about or just you know that I thought it
would
who’s this MC Klein says whether it’s
and I don’t agree with this tweet but
I’m sharing it so you know what
mainstream people are willing the tape
to take up the Union whether it’s free
for whether it’s choosing these four
four oil tanks safe deposit bag boxes
security guards insurance or wealth
managers there’s nothing unnatural about
being forced to pay to preserve your
wealth no now there’s something very
unnatural about being forced to pay to
to preserve your wealth you know you
think you’re preserving your wealth in
the bank and then all of a sudden they
they’re like oh yeah $60 of feed here or
negative interest rates etc etc know
that I know you don’t have to take that
you don’t have to take that
that’s what bitcoin is for and that’s
what uh the smart people in Argentina
have realized a long time ago
no they don’t have to play with their
inflationary pay so they don’t have to
value their wealth in an inflationary
pay so uh – and that is it wealth that
isn’t paid I mean their wealth is it
being preserved so again you don’t have
to pay to pay exorbitant fees to
to some third party to take care of your
wealth okay take responsibility personal
responsibility is new counterculture you
get in the Bitcoin there there are no
exorbitant fees that to guard your
wealth you you are guarding your wealth
on your own you’re taking so again I
think maybe in the old world before
Bitcoin it there was nothing unnatural
about being forced to pay to preserve
your wealth but no it’s not it’s not
natural anymore baby it’s an abomination
pound that like button going biblical on
you there baby with abomination and
natural God and then you can support
this show by simply retweeting I tweet
out these shows you can tweet them out
I’m at Tech ball Tec HP alt and I got
addresses below if you want to send or
you want to do the super chair whatever
alright
Andreas Antonopoulos has another great
video about it is about security it is
about Mesabi ver samurai a little bit if
you played at 1.75 speed it only takes 6
minutes of your time so guys a lot of
you have had questions for me about
security and about are you gonna do a
video of wasabi and and samurai and
security there’s your video right there
take six minutes and stop watching my
video right now go it’s linked to below
Andreas Antonopoulos he talks about the
security options that are out there
already Lightning Network helps with
privacy okay there are many different
options you can combine them intertwine
them you need to learn about them there
you gotta understand them but there’s
already ways to gain the privacy and of
course you can make if you’ve already
registered in the exchange where you
give it away your you stand in your your
ID well I mean you’ve already taken a
step in the wrong damn a big step in in
the anti privacy direction but if you do
some of the basic privacy techniques
that andreas brings up you’re ahead of
so many people so he says there’s just
you know he gets contacted by so many
people who want the state of you know
the state of the art and they’re super
duper apparently and again for those
people if you even understand the stuff
you’re ahead of like 98% of the people
out there
so you’re already you’re already very
good with privacy compared to some of
your Bitcoin peers so he focuses on
education and learning privacy practices
and one thing that he points out that I
think it’s great is the more people
practicing privacy the bigger the
privacy heard and so the more effective
it is it’s herd immunity there he
explains it better than I did just then
but it’s very logical you know the more
of us that do care about our privacy the
more people that are on the private side
of things and it’s better for everything
so so do try to learn a little bit do a
little something and again he brings up
lightning that work is gonna be is gonna
help with people’s privacy because most
do absolutely nothing watch this video
played at 1.75 speed I could understand
it fine it’s like six minutes out of
your life and in that way I don’t have
to make a video for you you don’t have
to ask questions
he takes it’s really good stuff he makes
great videos so uh and he’s a classic
also Vinny Lincoln is a classic now
somebody don’t let Vinnie and everything
like that prevent but I still read him
and everything he’s a smart man I do not
agree with everything he says to say the
least
but he’s got he’s got wisdom out there
sometimes he says we need to stop using
the term unbent
as if banking is the solution let’s not
assume the world needs everyone to have
a bank account in order to be able to
function within society what the world
needs is the ability for every human to
be able to transact effortless
effortlessly effortless and I I agree
with that pound that like button to that
you don’t need a minute when we say it’s
a be your own bank okay that’s it that’s
a way to explain it but you you’re not
really your own bank you’re able please
Bank requires so much information okay
they do a bank implies approval you are
a human that’s able to transact
effortlessly with Bitcoin it you know it
doesn’t require filling out any forms
being approved of you don’t have to look
a certain way
have to have an income requirement and
you don’t have to present an ID to be in
Bitcoin it is it is effortless less
effortless okay
right there so I like the line of
thinking he’s going there with not using
the term unbanked because again a lot of
people are unbanked and they’re gonna
stay on that but they’re gonna become
Bitcoin and that is good that that
should be what they should what eighty
per what what the unn the so-called
unbanked should be aiming for to be able
to effortlessly transact and
effortlessly save not have to rely on a
third party that requires ID etc
etcetera alright so good job Vinnie
pointing out who it’s a yeah Financial
Inclusion fight fan he talks it that’s
that’s a word I don’t exactly like that
term either but again if you are a big
coin you’re financially included you are
you are that’s the key to financial and
anyone can get into it just that there’s
certain people out there so older so
many barriers the financial inclusion in
this world oh woe is me
let me scream and cry no get in the
Bitcoin there you go there’s your answer
it’s over you’ve got including financial
okay with this
oh yeah I mentioned the my ice link to a
podcast only podcast of mine audio
podcast only link to below something I
noticed in the comment section here on
YouTube there are there’s a new form of
spammer out there that seems to be
taking advantage of tethering because so
many people in the space have heard of
tether there now like stammers out there
that are just like Hayes tether airdrop
or tether this tether that just like
using tether as a term to attract people
to click on their links that will I
don’t know where these links will take
you of course i erase all the spam
that’s left there but it just it seems
like some of these uh these scammers and
spammers are taking a new approach there
their word of the month to confuse and
attract
people their clickbait word is tether
but what will be next from them but I
mean they do it so much people fall for
it I guess they’re the rookies out there
they look cool man I mean I can get some
free tether it’s been in the news lately
these guys are giving it away it sounds
good I don’t know what it is
must be good heard it a lot and they
keep on repeating it better click on
this random link on a YouTube video
don’t do it but yeah they it’s it’s
clearly been in the news so much that
the scammers just can’t not lay off of
it again and again it’s it tethers
tether tether people were traders
usually – so if you have a mild interest
in that you’re likely to be more of a
gambler and a chance taker and you’re
gonna click on something horrible so be
careful so today I’m wearing this shirt
at synagogue I’m wearing this shirt and
a religious guy comes up to me again I’m
in Tel Aviv religious guy he comes up to
me and he says Bitcoin is like yeah and
he’s like he says he’s aetherium
developer he’s from st. Louis I said I
went to watch you in st. Louis and it
was great it was great so again I was in
motion this coats identity it was this
shirt a couple weeks ago that some guy
on the street asked me where the Bitcoin
out to see was so again if you’ve got
Bitcoin shirts you wear it out in public
you’re in motion you’re again you’re
getting the conversation started your
your marketing Bitcoin and so yeah I met
I met a guy who’s an aetherium developer
he’s he’s a good guy again he’s
obviously interested in all sorts of
cryptocurrency
and again for those of you who are into
all the conspiracies out there about why
don’t you reach people why did they do
so well uh-huh because they’re they’re
always learning they’re very interested
in this learning is instilled in uh in
the Jewish culture I gotta say this I
gotta say this is a this guy isn’t like
the same guy is me but he’s got that
learning and great ingrained in him he’s
always grew up with Orthodox and
everything like that and I gotta give
the Jewish people credit we are always
learning we we get we didn’t stumble
upon
we didn’t stumble upon success we
everyone had a chance to get him he was
cryptocurrency okay everyone still has a
chance to get it but it seems like the
places that the only places on earth
where I’ve got stopped because of the
shirt I’m wearing is in Israel they’re
the only people that have yeah I’ve worn
Bitcoin t-shirts all over America no
one’s ever stopped me and said Old Vic
one it’s only in Israel if this happens
to me and it’s it’s not that conspiracy
people it’s uh everyone’s had a chance
to learn about this stuff and just some
people are more proactive about it you
can be like it also don’t be envious be
be like them be like the people who go
out of their way to learn I’m saying
always be learning it’s not just a
catchphrase it’s a lifestyle and it is a
lifestyle that pays off for people and
again there’s a lot of hate out there
out in the world for people who have
success okay and people trying to make
up conspiracies about why they’re
successful they only help each other no
they’re they’re learning okay they’re
learning and they they when you’re
learning you get involved with other
people who are learning you attract
other minds and just about you bounce
off from each other so it was good it’s
great it’s great that this shirt really
I hope I wish these people everywhere on
earth would stop me and start talking
about Bitcoin wherever I go it would be
great it would be great but again
everybody on earth has a chance to get
into this thing everybody had on earth
and they can go whatever they way they
want him that guy went the etherion
route I didn’t ask if he owns any
Bitcoin alright and uh what else do we
have here we talked about that oh one
final thing I want to include with here
fork cast dot news I mentioned that a
few weeks ago I said I look into it a
little bit more I said it might be a
coin desk competitor well I’ve been
disappointed yeah corny desk is better
than forecast not news it’s clearly like
a blockchain dot a blockchain not
Bitcoin like 2015 whose style site and
you know it does have an Asian focus
which I thought was going to be
interesting it’s a lot of fluffy
blockchain II all coin
and stuff oddly enough it’s based in
Hong Kong and not one story is about the
situation that’s going on in Hong Kong
and maybe that sums it all up for you
that it’s you know they got a tonne a
party-line or they’re not into anything
controversial and that’s why they’re
just going for these like clickbait like
tokens stable coins type of articles so
idiot now I have not been impressed
it has fancy sets or graphics but hey
man don’t let that stuff lying yeah it’s
not that but I did mention in a while
ago I thought or a couple of weeks ago I
thought it had potential
I haven’t seen any potential from it
gotta give you an honest truth i’m adam
meister the bitcoin month maybe they’ll
change their ways again it’s in Hana con
they’re in the belly of the beast right
now but it’s kind of blah the the the
publication is prank blah i’m adam
meister the bitcoinmeister the disrupt
meister subscribe his channel pal that
like bond Annabelle one click on those
squares my elite friends I will say
hello to you soon bye-bye

9 thoughts on “The 1 Bitcoin Show- Russell Okung walks the BTC walk! Argentina, privacy, preservation of wealth!

  1. i just finished "The Bitcoin Standard" / i now understand why bitcoin works & why it is unique and can't be duplicated. I have a different view of the few alt coins i currently own. My hands have become stronger.

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