Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is August the 11th 2019 strong a and B unique beasts Val you're welcome big going on confiscate about one big point equals one bitcoin offended by selling check out disrupt meister calm tech ball calm on friday today's was the guest on this weekend yesterday was the beyond bitcoin show all of these shows rocked the house and of course there is a new show here every day so follow me on twitter if you need updates into the whole bitcoin meister ecosystem te CH b al t I want to thank Robert the other day he sent a super chat if you guys do super test for this show I will answer your questions next show iver all the super chat questions are saved so I gather them up at the end of this show and I answer them the next show Robert just sent a just a donation which is great you can support the show just by retweeting my shows by the way and in on Twitter just like I tweet them all out so just retweet that's great but you can send super chats also those are nice so 69% Bitcoin dominance they got over that recently but just the other day I wrote it down I think it's under 69 percent now in terms of the market capitalization of all cryptocurrency and it is amazing that that Bitcoin is able to pull this off with altcoins still joining every day and they're so exaggerated because they don't so few are really traded of the altcoins and it's just it pumps up their value but we won't get into that what we have to think about here is is there so these top-tier all all coins are they just believe you the big point now or people just is it just top-tier altcoin capitulation we have a lot of drama in two of these old coins and I'm not going to talk about the specific drama in be cash in BSB I mean if you want a show that talks about that I think it's a complete waste of your time first of all they rely on that stuff to get attention I mean that's that's part of their marketing plan so I'm not going to address the silliness that that comes out of there that just involves the personalities I don't even say those people's names but a and B and because people talk about it and the drama this keeps them going this keeps those coins in the top tier okay if people were just to stopped talking about them they would become an irrelevant because really what would the heck are these coins besides drama coins at this point and all that hatred toward them I mean keep it to yourself I'd say you shouldn't hate these coins you should just ignore these points because your outward hatred to them no social media just gives them the attention they need and keeps them alive and keeps them alive so you know calling them the biggest scams ever buh-buh-buh-buh-buh it's a waste of your breath just to waste your time I'm wasting my time it is noise and it is all they rely on it they rely on that free marketing from all the haters and they do they say and do more and more ridiculous things if people fall for those ridiculous things it's those people that mean personal responsibility is a new counterculture okay we're always going to have people that fall for ridiculous gimmicks alright and ridiculous statements and they're gonna want to believe certain people are certain people and then that's it don't learn the hard way okay if you know the truth then get in the Bitcoin but get as many bitcoins possible learn as much about as Bitcoin as possible and don't waste your time on complete lies and drama uh and that's just saying nicely now compelled that like button people coinbase they have a blog post up which talks about a sophisticated hacking attack we've talked about this how they foiled it now again that this this that this was even attempted is a wake-up call to all you people who keep stuff Akiba big coin a coin base control your own private key because again coin base was able to they weren't gonna get fooled into this one they had read the blog post okay they had in place many many ways of warning about this and but I will say this people working act these Bitcoin banks whatever you want to call what corn base is they are people and they're not machines and they can get tricked into social attacks like the one that's described here okay they can make us mistakes they will make mistakes eventually so why don't you just rely on yourself instead of relying on who knows how many people that could possibly make mistakes just rely on yourself and know and teach yourself how to not make any mistakes in terms of controlling your own private to you on your treads or on your ledger wherever you're going wherever you're gonna do it okay you cut down the risk factor so much by just relying on one person that one person being you found that like button is social attacks do eventually they they can pay off they really can they can get more and more sophisticated and complicated and again maybe one day a hacker will just say the best social attack you can have is uh have one of your people get hired by one of these one of these organizations and have someone do an inside job for you basically that that can happen one day there's nothing stopping it really and the only thing that prevents you from being a victim of an inside job a sophisticated inside job is uh just controlling your private key don't rely on these third parties all right so I do want to bring up if if you really dislike these altcoins and everything like that and know that they're there bush-league I mean they are they're minor leave their Bush leaves someone bsv split okay it had a splint it split into three who knows what it did and the olden that no one continued the old chains okay that the split chains the the original bsd or the one they wanted to be the original bsd it kept on going no one no one kept the other ones alive and then that's it but people are screaming about it oh it's split now hey man if you really if you really dislike these an off coin like that if you really want to bring it down they continue the ultimate form of attack on an altcoin that keeps on making weird mistakes like that it's keeping the bsv to chain alive keep it alive mind it and that will really uh and this is these coins if they want to be reckless like this and have situations where they're centralized points listen to three this is something they happen they should be worried about someone continuing one of these supposes useless forks of their coin so all the big talkers out there that want to get involved in drama well having some unemotional technical stuff there keep up keep out of the BS v2 and the BS three going that'll make the news and that will alert a lot more people to the that it's a house of freakin cards over there all right but again I'm not wasting my time on that thing but I people like to waste their time on hating on all coins well instead of just speaking words you know you can talk to talk walk the walk he continued there they're worthless uh splits all right they're worthless chain splits I had a good time at the Tel Aviv Bitcoin embassy tonight much earlier on tonight and it delayed this this show with this show is it's very late in Tel Aviv right now very late but hey a new show every single day baby but I saw you over there tonight and people you don't know but it was many many maybe some people know him he doesn't he's a technical genius he doesn't appear on shows English speaking shows like this but anyways shout outs and of course the most interesting man in the world was there Shamu al hi guys if anyone is watching well they're asleep now everybody in Tel Aviv when I everyone sit there people partying out on the streets of Tel Aviv's still there getting their eat on it was a fast day today quite a few people fast more people than you think in a secular city like this fast and there it was a banking holiday actually also and I did not know that going in you learn something new every day come out like what all right toward am Easter what is this oh this is good we're talking a lot about all points for some reason tonight oh I want to say hey did the debate on Twitter I was getting like you get paid tweets sometimes in your feed and I was getting once for bsv Tel Aviv amen they're marketing it they're trying at least that they're trying at first I thought who is retweeting this but no it was just I mean these all coins they go to great lengths they spend their money on paid for tweets or waste what a waste I say hey hey but I'm dude this is where the big boys play let them compete let and compete it is but I mean you're giving up they're willing to spend money on Twitter and there's some people that are willing to give them free hate publicity so again let them go backdrop instead of yeah instead of giving them free publicity dude I've talked about that way too but torna Meester he's got to tweet my view if investors want a silver to trade besides bitcoins gold the market will provide it and I agree on that but I mean right now the market just wants one preservation of wealth coin one security truth machine the best when you want the security truth machine when you want to preserve your wealth why why settle for second best so I mean that many people have theorized why why have another store a value preservation of wealth coin what what how can it even exist you pick the one with the best security and that's Bitcoin the most secure is Bitcoin so but if the market for some reason thinks that you need a second one a second best well then one will be selected people I don't see the scenario where people are like well I want to I want to preserve my wealth in another coin wait why would its your wealth you want the best for it but if such a scenario happened tour is F absolutely right the market will provide one what ended but right now clearly there is no other one look at the valuations look at the Bitcoin dominance there's nothing else that people are flocking to in great numbers to preserve their wealth there's no other world reserve cryptocurrency besides Bitcoin clearly clearly look at the table just look at the numbers out there but if if the market wanted one yeah there are plenty of options out there and one would be selected here is a tweet from trevor Noren in 1989 only one in five Americans aged 75 or older were in debt Matt by 2016 almost half were so you can see it's a modern economy in the you know keeping up with the Joneses even the old older people 75 and over have become addicted to this lifestyle of debt okay of the debt based dollar of the welfare dollar and it's why do you think it's going to change you have to change your mindset about okay because the mass is they're not changing and that's great they can stick with that lifestyle and it just shows you how much more powerful the Bitcoin lifestyle is that so many so even old people who should know about saving and print and preserving their wealth are playing the debt game you don't have to play that debt game because grandma is playing that deck game okay you you get into Bitcoin okay it is the way out of that and some people 20 percenters will find out about it 80 percenters we'll hear about it but to me it looks like more and more people what what stuff they valued stuff over savings okay and want to get in Hey in the long run you're gonna end up 75 years old and in debt and if you're not healthy you're gonna end up at an old person's home okay you're gonna older so the government is gonna end up taking care you would wipe from your butt and you're not gonna be able to take care I mean that is that to me is like a nightmare scenario for someone age 75 or older but hey look at that in 1989 only 1/5 Americans that were that age were in debt and now it's it's almost half unbelievable and again is some of your saying well people are people are getting out of the system people are learning how bad the debt system Millen and it provides a comfortable lifestyle up to a point up to a point up to the when you need not to be in debt anymore and you're getting to trouble all right what is this Forbes article here oh yeah for all you people that think block stream is some conspiracy they control Bitcoin or whatever block stream reveals a massive Bitcoin mining facilities and it's all about the decentralizing are making big remaining less centralized so I say compete don't complain if you think they control the whole darn world there they're competing they're creating other mining options out there there they're taking array with some of the Fudd stirs like to say that old Bitcoin mining is so centralized well they're they're making it less centralized there they're there they're creating more a competition for mining there in Indiana doing they're doing it in Quebec and I forgot the other some other country but yeah you can read the article in different and some of you are just gonna still be like oh it's they own Bitcoin ok waste your time with that here is finally we have someone who is in motion an artist and he says what's it's they forgot is it Paul Paul Heller art calm he's linked to below with his tweet a Bitcoin glass are 33 inch diameter of gold glass with a raised to be iridescent glass and you can see pictures of it that the tweak and X's and he contacted me I a if you want to buy a Bitcoin art it check out Paul site and it's good it's a good way to spread the word through art and shows that in in the cryptocurrency space in the Bitcoin space you could be an artist and be an entrepreneur that dude is in motion he's taking advantage of the popularity of Bitcoin and he's creating some interesting art around it so so good for him he's competing he's not complaining that's it that's it for the show pound that like button bang that Bell button i am adam meister the bitcoinmeister the disrupt meister subscribe to your channel click on the squares that you see you can get cool t-shirts like this link to below I will sleep pretty soon hope everyone has a good sleep bye bye