Hello everyone
this is adam meister the bitcoinmeister
the disrupt meister welcome to the one
bitcoin show today is April the 6th 2020
strong hand long-term thinking
uncomplicated ball
bitcoin is next click when in motion
compete don't complain conviction
offended by selling one day closer to
the having and in all time I right all
right dudes
hello my elite friends ask your
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check out the links below for Saturday's
beyond bitcoin show this week in bitcoin
was awesome with Simon from the
Netherlands Hass and Anders gotten the
saliva lead discussion the next this
week in Bitcoin will be on Friday we're
gonna have a guest on from Belarus and I
need up will be making her return from
Austria and up in Toronto we will have
who's coming out up from Toronto what is
his darn name ok
I forgot I eat from Venezuela originally
with a Mauricio of course ok so let's
talk about adjusted freefloat supply
what the heck is adjusted freefloat
supply
well the dudes over a coin metrics have
come up with another measurement that
will get a more accurate depiction of
market caps of your favorite coin out
there and basically went free for adjust
well free-floating supply of the coin
they figure out for Bitcoin I think they
say it's around I forgot the number
came up with 16 million or something it
takes into account coins that haven't
moved in the last five years and so it's
the oath they figure the only coins that
matter when you're when you're coming up
with the market cap and comparing
between comparing between coins is uh
it's you know you determine the metric
by looking at the how many coins
actually can move and so yeah they've
come up with their little term there and
their way of measuring it and of course
the be cash adjusted free float supply
is less than the Bitcoin supply even
though they both are both or supposedly
have 18 million available it's just that
a lot of the be cash is never gonna move
because people didn't know how to claim
it and check it out it's linked to below
it goes into death I like metrics like
that and again it shows that and they
they give one for one of those all coins
of the month they talk about they
compare it with that metric also so so
very interesting so I mean this virus
thing is definitely jumped a shark here
I think because Athena some etherion
people say and who are these appearing
people I want to get a write in fir we
are excited to share that we're working
with consensus health on the stop cove
in nineteen hang on launching April 13th
this hackathon brings together experts
in the health care and life science
field with web three technologies
another gimmick word their buzzword they
said so now Kobe 19 and the virus it's
just a buzzword basically to build a
theory and based solution okay so they
want to build a theory of based
solutions in the fight to stop the virus
I mean atheneum can do some stuff the
big coin can't but let me tell you it
what are you gonna do with the theory on
this is going to stop a virus a virus
doesn't care about aetherium okay it's
already baked into the cake what the
virus is going to do so I mean I give
the guys credit that they want attention
for their hackathon maybe they'll give
away some money to a hospital I don't
know I mean yesterday we were talking
about Tigers that got the virus
now we're talking about aetherium
cheering the virus hey they might have
good intentions these people they
probably do have great intentions okay
but it's getting a little ridiculous
here and it just shows you how not so
serious how overblown this whole virus
thing is people wouldn't be using as a
gimmick to promote their freakin
hackathon all right seriously seriously
and there's some people there singular
there are a couple people that are like
old Dave how can you how can you do this
I have no problem with them doing this
okay really at this point it's just so
rare it just shows how ridiculous this
is the whole that is it's just become a
gimmick it's just become a buzzword you
mean there's a lot of buzzwords out
there so do I mean I wouldn't do it I'm
not having the the the big quantway
Meister hackathon big big high meister
let's fix the virus show yeah I'm
telling you is that it's magnified it
all manufactured did the the panic is
manufactured these guys at least aren't
playing into the panic but man it's it's
just become a buzzword now it's people
are just using it for whatever they want
in this world okay whatever they were
doing pre virus okay they're using the
virus for just the people in the media
who want their favor can need to win
well they're gonna leverage the virus to
help them with that so we've gotten to a
point where prominent public people and
entities are just using virus to help
whatever
we're doing it in the past it's just
it's become a tool a tool of
manipulation alright so there's your
little virus update and ethereal update
of the day just another reminds it
well anyway okay Gordon Easter cow that
like button torta Meester says it
bailouts allow many people to maintain
their spending but because of the
economic crisis they now spend it on a
very narrow category of economic goods
and if because of second-order effect
the supply cannot be ramped up wouldn't
that lead to significant inflation well
I I will say you're onto something there
tour I think that when things hopefully
get back to normal next week hopefully
its next week that maybe some people
will have some X there's going to be
some excess cash flying around
temporarily at least and they're some of
the supply of what people want will have
not been replenished so I think we will
see some price increases for some things
right away in the short term in the long
term that's up for debate but we could
have some short-term price jumps also
hopefully you have all your supplies now
how about that all right buddy tours a
tweet is linked to below so I've been
forgetting to say this and I did say
this on a past show and I just want to
put this out on the compete don't
complain topic list here again in
YouTube put this out I mention this so I
was prepared for this important due to
Co V 19 we will conduct fewer human
reviews to protect the health of our
extended workforce workforce
unfortunately as a result we may remove
content that does not violate our
Community Guidelines so they straight up
set beforehand that because of their
rhythm and things are going to be
automated that if you don't violate
their Community Guidelines you still
might get removed just wanted to put
that out there and so I was prepared for
that and I haven't missed a show yet now
have I no matter what's been going on oh
woe to the impulsive I just want to say
that because a Bitcoin but what's
bitcoins price right now
look at that it's 73 something or other
and there were a lot of impulsive people
selling on March the 13th woe to them
for woe to the people who sold below
5,000 whoa
but again that's why you got a value up
than Bitcoin and just try and get more
Bigpoint don't try to play those fiat
games you fiat freaks PF freak is always
out there now big point of course it
doesn't really have a founder he's dead
who knows whatever Satoshi no one knows
who he is there are some entities out
there in the space whether it be finance
Civic Tron they have founders thus when
you dig deep into them they can say
they're decentralized some of them don't
even say that if you centralize but you
can sue someone and they're all being
sued I'm not a fan of lawsuits I'm just
bringing it up just to show you that
Bitcoin can't get sued but if you make
your own cryptocurrency yeah your
cryptocurrency can get sued and I'm sure
Justin and mr. by Nance and Vinnie
lingham I'm sure they're they're
protected that they are not going to be
liable if they're they if their coins
lose lawsuits but who knows though it's
it's a it's a weak it shows you the
difference between Bitcoin and these
other these other entities out there I
mean some of them aren't even coins some
of them are what I cos it's exchanges
all coins etc all right pound that like
bond less
talk about I made some videos back in
the day 2016 about MIG towel saying you
know you dudes you don't have wives you
don't have kids it's a good time to get
ten Bitcoin right now it's 2016 you know
you got extra money don't don't get a
fancy car it uh there's a fruit fly
who's bothering me there so I was
thinking about the McDowell's today that
partook in that and if you if you were a
dude back then that bought the Bitcoin
and now it's four years later and you
still are are you still a big town you
got all that big point in the bank you
haven't sold it yet you don't have some
woman on you like feminizing you what
I've noticed is during this panic that
the guys that have wives they are the
ones who are the most stressed out right
now so that's like the opposite of a mig
towel with Bitcoin a dude with a wife
who's in debt who's got the kids home
now but it's still paying for private
school
those are dudes that are scared I mean
they are scared now financially maybe
they should be working and they can't
get to their job but that's that's the
beauty of long-term thinking being truly
free so I'm sure there's a lot of ladies
out there that actually watch this show
and everything that are they're in good
shape they got that big point and
they're not they're not too worried
about this not all ladies are worried
about that or buying into hysteria but
chances are you got a lady she's buying
into this area and it's taking its toll
on you and you are in turn buying into
this area III see these guys walking
with their women on the streets and when
I'm running they just they just get out
of the way they got they have their
masks on and everything and I just
wonder if the guys would
themselves if they would get out of the
way yeah because they're they're like so
obsessed with the six feet rule that
they think if a runner runs by them
they're going to die it's real I mean it
is pretty funny at this point you can be
this skinny runner guy and you've run it
on the sidewalk and some big dudes like
and his lady just like run off the
sidewalk I mean it's kind of it's really
pathetic on the guys part I'd be so so
all your big towel dudes I hope none of
you is stressed right none of them you
know you should be stressed because the
virus thing is blown out of proportion
if you listened if you bought that big
point back in the day you got ten
bitcoins I think I think you're pretty
happy at least ten Bitcoin right and you
don't have a you don't have some y'all
paying for private school you're not
paying for another man's kid to go to
private school and you didn't lose your
job hopefully and you work for yourself
so I thought I'd give that perspective I
don't know
and anyone got to take on that
our-our-our Mick Tallis doing better
during this downturn than the the
average citizen of the United States
okay Rocky's in the house good to see
him in the house it wasn't just people
selling down to 3800 for everyone
selling they were so on buying oh yeah
found that like one it was simply big
point moving from weak hands to strong
hands you're absolutely right but I mean
you got it you gotta agree with me like
woe to those sellers I mean yeah there's
a positive side of it there's a great
pot I was one of those dudes that bought
that cheap thing going so are you
probably bad it's it's a great duh it's
great and it's just it's a lesson lesson
learned I don't love this weak hands
learn their lesson who knows I hope they
learned their lesson
alright let's get on with uh what else
do we have here but good to see rocky
he's out in the he's in Southern
California enjoying himself no doubt
so after midnight after moon bud you
gotta love it eric clapton baby you
played
show at 2x if you're uh if you're
watching a tape be efficient be
efficient with that time time yeah and I
want to say something about time I'm a
little disturbed you know every once in
a while it's cool to not know what day
it is or whatever because you're relaxed
you're like intense into your work but
I'm noticing a lot of people prominent
people out there on YouTube they're like
I don't even know it tell you this
anymore I've lost all track of time it's
just one thing after enough guys you're
getting caught up in the hysteria snap
back to reality know what day it is I
know what day it is alright it's good
well it's Monday night going into
Tuesday I know what I'm doing on Tuesday
it's gonna rain in LA on Tuesday so no
run I had to do I have to do my run
today it's done tomorrow
that's a long story but I know what day
it is so here's a little tip for your
sanity if you've lost track of what day
it is and you're a little stressed over
everything just drown yourself by
knowing what day it is okay there you go
don't lose track of time don't you don't
want to get end up in some doom hole
somewhere and here is you stop the flow
guy 100 trillion USD I like what he has
to say in this tweet to maintain 7,000
dollars since October 2017 Bitcoin must
have had four hundred million dollars of
new cash inflow every month the last 2.5
years ok he's really he's simplifying
things there but you'll see the point
and after they having we only need 200
million per month to keep the seven
thousand dollar level if the four
hundred million dollar level stays then
to the moon and this is a good point do
you think the demand so even simplifying
it further everybody out there do you
think the demand a Bitcoin is going to
suddenly get cut in half okay at the
to having no I don't think so I think
that's a ridiculous assumption do you
think that the demand is going to stay
the same for Bitcoin okay that's what
you term it let's just leave it at that
if the demand for Bitcoin stays the same
for and the new the amount of new
Bitcoin being produced is cut in half
what's that mean what's that mean
simplifies that so you can check out his
tweet a lot of people were commenting on
it it's just something to ponder and
it's it's it'll be in street the months
you know by the time we get to December
be very interesting time by the time we
get to the December that's uh that's
over six months after the having it
should be very interesting
remember two hundred ten thousand block
theory take the price the Fiat price of
Bitcoin and subtract two hundred ten
thousand blocks which is about forty six
months about and it's uh it's always
been more today's date subtract forty
six months from it Bitcoin was worth
less back then so we'll see how that
trend continues and all-time high was
for you feel free to was December 2017
so you got to wait till October twenty
twenty-one I am looking forward October
twenty twenty twenty-one alright so
here's something that shows you how this
is a story I don't I was messing with
bank websites today
but it just shows you in the traditional
world where a lot of people are not
working now they're not getting an
income right now their businesses are
closed how they want their government
stimulus check or their government
stimulus program that you have to do
through these banks because look at this
every US banks web this is from this
afternoon every US banks website is
completely overwhelmed right now trying
to process cares and PPP loans basically
no bank can scale to this
alright I have no problem that the banks
can't scale to this this status demand
yeah well it's been brought on by the
status okay because they shut down
private business and now all these
private businesses are trying to get
their stimulus money okay which you have
to get loans through the bank I mean I I
don't even know the specifics of it I'm
not getting carers I'm not getting PPP
loans I mean my life has not been
affected at all by this so I work for
myself it's I have savings it's others
so I'm a big pointer I live in the
Bitcoin overlay town that like button
but that banks are getting their
websites which are pretty strong
websites okay that can scale pretty well
if they're really having hard times now
there are a lot of Americans right now
that want their government money and it
just shows you what a big impact cuz
they're allocating all people
everything's fine out there the
businesses just took a vacation hahaha
but there's your proof right there that
something is up behind the scenes people
want their money but they haven't been
making any money and I've read an
article so people are disappointed with
zoom and because it can be nagging opes
some people been hacked or they're being
spied on I don't I don't know and so the
an article gave alternatives and one of
them the first one the first ones they
mentioned was gypsy and those of you
who've been watching my show since
November know that I discovered jitsi
back in November because of a Manero
dude and you've had that inside
information about gypsy for quite some
time I'm doing this show right now
through jitsi I've done all my this week
in Bitcoin shows since I got active
since I left Australia in November I've
been doing all my this week in Bitcoin
shows through jitsi so there you do have
the insider information not only do you
get Bitcoin or insider information but
you get web uh web talk inside
information
what is that web broadcasting web web
phone and web communication so if you're
if you guys don't like zoom just use
jitsi it is it's really easy to use
it's probably easier than jitsi if you
need to call grandma or mom or or
whoever okay or your business partners
whole thing reeks this is a comment from
I don't know it's from I think Karl
damager is a blog market ticker again
Karl tenders been the best person to
follow during this whole virus panic
prison and you should he's had all the
answers he's been correct all along
follow him he's linked to below market -
ticker and follow him on Twitter but
someone left this comment this whole
thing reeks of the so-called four
cautionary principle if the possibility
of something terrible exists then we
must do whatever it takes to prevent
said possibility they do the same thing
with global warming no measure no
proposal is too extreme it's so true man
is so true two generations have been
raised on this way of thinking and the
third is guess it getting their baptism
into the cult before our very eyes and
he calls them skulls harpies flock to
the precautionary principle because it
gives them with a crave most power on
the moral high ground good point
so guys if you're gonna have development
you're gonna have to take risk all right
you're gonna have to be in motion but if
you're gonna be obsessed with
pre-college precaution and thinking that
you're on this moral high ground it you
just create a stagnation okay so you're
holding back progress when you get
obsessed with precaution that no no one
can die so I mean are we gonna get to
that point where like we have to shut
down every aspect of the world just in
case someone might not I mean it's
getting really ridiculous and so
hopefully this will wake people up to
global warming that hey wait a second we
can't we can't grind the economy to a
halt because of global warming we're
gonna have there's risk in life there's
risk of being a lot
there's risk in being this planet let's
let's keep on doing what we're doing
people and when we see and if something
really tragic is something big happens
then we make a drastic move okay but the
same thing with this virus here I mean
everyone's basing it on models okay but
what's really happening
it hasn't been with the bottom with the
models predicted so what we're gonna
we're gonna look back on this one day
and see that it was not worth it at all
that we should not have shut down the
entire economy that these states these
countries should not have done that and
many people are being are waking up for
this now yes people die but people do
die all the time and we'll see what what
the numbers are at the end okay but this
is definitely the ProCare precautionary
principle gone wild we as a society
really and it wasn't we it was was the
the leaders
unfortunately set the set the tone and
everybody bought into it and everybody
accepted this this complete slowdown and
this stagnation that we are currently in
let's get it back in motion dudes
development there's risk in life there's
nothing wrong with some calculated risk
okay nothing wrong and hey a little bit
of precaution doesn't hurt there's you
don't throw precaution out the window
but you don't make it a way of life okay
you don't obsess over it okay I talked
about time Oh steam and hi steam and
hide battle steeped steam it and so
right now I post them both this show
right now is on both of them and I want
to say that hive all it is is what steam
it wallets they haven't really changed
anything
and right now steam it hasn't really
changed anything so they're basically
identical but the upside for steam it is
that now they are owned by just the son
he hasn't rond them yet okay so there
are a lot of people that think well
steam is going down the tubes but
they've got a big upside I mean
a big upside because we don't know what
he's gonna do to it now it's not to say
that the guys at hive they can't do
something different but I mean the tone
that they set at steam it they've
brought over to hide so I mean what
there's a greater chance that something
big is gonna happen it steam it that
high because hive is just what Steven
was yeah I wish them both luck I wish
you both luck
and I thank I thank them from for
forking off because I got that three
hive because I was been posting on Steam
at all this darn time so good luck but I
just there's a lot of people out there
they're saying that steamin is gonna die
but I mean it seems to me that it has
the bigger upside because Justin son and
his transfers haven't done a thing yet I
mean we're at a time right now when
there are a lot of people worried about
a lot of different things other than
cryptocurrency and that's really
unfortunate for them okay so I'm sure
maybe even transfers and Justin son are
doing some other stuff right now this is
this is the time when everybody is
ignoring uh what they should be paying
attention to if you're paying attention
to it and but you're gonna be happy in
the long but they're people but what I'm
saying is after all this virus nonsense
passes okay he's gonna do something to
that side okay
and I wouldn't uh I wouldn't be I
wouldn't say it's dead at all especially
when he can print his own Trond to make
improvements to steam it and I mean they
just might turn all sticky
why not just say all steam is now trying
who knows that would probably help it
out alright there's you got a little bit
of ballpoint talk the only reason you're
getting it is because again I think it's
I think it's interesting that social
media combining social media and
cryptocurrency someone's gonna come up
with a solution
steam it started it back in June of 2016
it's still around
maybe Justin's son will take it to the
next level maybe someone will
incorporate incorporate Bigpoint into it
it would be great to get something close
to it decentralized it's close to a
decentralized social media platform that
cryptocurrency that gets really
SuperDuper popular because obviously I
have my problems with YouTube so I would
love there to be something a true
something that was even 10% of YouTube
in terms of users and popularity if some
if there was some cryptocurrency option
social media platform that was even 5%
of what YouTube is that would be so
awesome for the cryptocurrency space and
Bitcoin this would bring all sorts of
people into cryptocurrency and then end
up in Bitcoin and it'd be a legitimate
competitor to YouTube even if 5% it
would be alright hydroxychloroquine
haters they hate Donald Trump so much I
mean these people want a possible
solution to the problem of bail they
think politics are so important that
that they don't want it to be true that
there could be a solution to this virus
that there could be a cure to it they
want to bring down the president any
cost and it just shows you that how much
of a joke how much this thing is jump
the shark that this is what they did
before the virus so they just used the
buyers for what they were doing
beforehand bring down they were trying
to bring down the press they didn't like
the public as beforehand they were
trying to bring down the president
beforehand so now they use this as a
tool in their in their arsenal and
because if they really cared about
people staying alive they would be like
oh yeah why don't we let if people are
about that if people are really as sick
as they say they are why not try a
malaria drug I mean what what could be
the worst thing if you're on the road to
dying why not try something that's
pretty safe okay and why not I hate if
this is a horrible black plague which
it's not why not use Hydra why not use a
malaria pill but they know it's not as
bad as they say it is so they know that
this is mostly manufactured the panic
and so they're going to manufacture it
in a way to help what they were doing
beforehand and so here's the very
definition of mindless compliance I
think
just announced CBS ABC NBC networks are
coming together to air one world
together at home Saturday April 18th
Kolbert Kimmel and Fallon will co-host
it'll be on broadcast on more than a
dozen cable channels and YouTube and
radio etc all right so I found out about
this but some big pointers are like
don't watch that and hey you can watch
that if you want to but I'm just saying
if you're interested in something like
that you're probably got compliance that
the dude I mean I don't know why anyone
would want to all those names and
numbers and letters that I just said
yeah that's pretty mainstream right
there there they're the ones that have
really done a great job in manufacturing
and scaring a bunch of a bunch of people
out there and so they're gonna have a
show celebrating being sitting on your
couch and watching TV that's what it is
stay at home together watch TV together
give us ratings together and get scared
together but well we'll tell you jokes
and you can get fat and eat and diabetes
all right and here is someone that talks
about how there's a you know when people
go to the hospital these days and they
they die or they get sick well the
hospitals are likely to say it you know
maybe they were sick because of
something else but then if they test
them and like oh they happen to have
they happen to have the virus also well
they're gonna coat it that way because
and this person says this is dr. Ren
Hoek says it can't possibly have to do
with the fact that the federal
government agreed to pay all Kovan 19
related costs it's almost like there is
a financial incentive to code as many
deaths as possible that way who imagine
that imagine that if you were running a
hospital and you had
died and you had to charge someone would
you charge the person who might not have
any money or the insurance company that
that's broke or would you charge the
federal government that you could charge
as much as you want to that you can lie
about I mean of course you'll definitely
get the money from right there so I mean
there is financial incentive out there
so if someone dies at your hospital to
definitely do a blood test and oh wait
they had it anyway okay coding that's
another a Kovac death right there this
95 year old yep right there
pay me yeah it was a million dollar bill
their government thank you all right all
right dudes 36 days till the Bitcoin
having remember well anyway this week
your Bitcoin will be on Friday don't
know what time it will be at but you do
know we'll have some a great
international guest let me just make
sure if there were any other questions I
wasn't paying too much attention that
Barry in New Zealand how you doing man
he said he learned his lesson down in
Mexico just learned Bitcoin calm big
cows can do whatever the heck they
please no crazy women like my
ex-girlfriend yeah they can that it's a
it's interesting it's you get some
freedom when you don't have I mean we
explained it earlier in the show why you
got that freedom and uh hey man I want
people to tell me do you know any
McDowell's that are in not hysterics
right now I don't know about that
do you know any make ties with bitcoins
that are in hysterics right now all
right i'm adam meister the
bitcoinmeister this real nice to
remember subscribe channel like this
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you're watching it over on bit shoot you
can't silence the meister baby you can't
stop the meister it is freaking
conviction new show every day see you do
is tomorrow i'll say hi in the chat
