Josiah Munns's avatar
Josiah Munns
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22 year old from Australia BTC/CASH
I’m wanting to post a Bitcoin video today, any good ideas for a short 5 minute video?
Getting my dad into BTC but it’s hard being at completely different stages of life. He’s getting ready to retire and he wants to buy things like a caravan and a new car to travel with mum. He’s not really looking to lock his money up for 5-10 years. So I’m trying to find a balance for him that doesn’t affect what he wants to do but still looks some BTC away in cold storage just to have some skin in the game. Whereas I’m trying to lock all my money up for the future to put off the now and enjoy the future. Putting in the hard work now in hope it pays off long term. I’ve got time on my hands at 21 years of age.
My neighbour bought 0.5 bitcoin years ago before it ran up to $60k USD. He had bought it just to make some quick money but didn’t cash out at the top. So when it started to drop he sold and used the money on his house. He now thinks he got played/scammed from BTC but if he actually just held BTC he could’ve been holding something priced at $100k + recently and now $80k . Imagine if he just held as well as accumulating BTC , I genuinely believe he could’ve quite easily had a whole coin but he doesn’t have the conviction to hold or the understanding on why it will go up forever . I’ve now been stacking BTC pretty hard for 6 months and I’ve still got no where near 0.5 BTC . But I think I will always have more BTC than my neighbour at this point unless he opens his mind again to start stacking from 0. I think that is one of the most common stories you’d head in bitcoin. #sats #btc
If bitcoin went to $1 million this year, I would not sell my holdings. Imagine where it’s heading after that, even if it did drop significantly after . Even an 80% drop to $200k . I feel like 5-10 million a coin would be only 4 years away after a drop like that. The floodgates would be open. Just a thought 💭 1 million a coin = 1 cent per SAT
I remember when I saw Bitcoin for about $18,000 USD. I actually had about $12,000 in savings. At the time I was looking for a car to buy as well as buying altcoins instead , thinking I could accumulate them for the next bullrun. I ended up spending the $12,000 on a Hilux thinking I’d use it heaps for 4WD trips and camping etc . Yes I’ve loved the car … but man now looking at bitcoin priced at $80,000 shocks me. So much price appreciation in a bit over 2 years … and I’ll never be able to get that amount of Bitcoin even with an increase of annual salary. And the altcoins I held through the bear market… never recovered. Bitcoin also dropped even lower to about $15k just after me buying the car. As of today’s price that’s about a 5x. REGRET- yes I have some. But man I did not have the conviction to buy and Hodl like I do now. I’ve learnt so much getting wrecked by altcoins and thinking I can time the market. Not understanding that it’s not too expensive to buy Bitcoin, you can buy a small percentage through (SATS) . Yesterday was the time to buy bitcoin. But you can get some today. I’ve been humbled … #stacksats #sats #bitcoin
My dad has agreed to accept SATS when I pay him back money I owe. I don’t often owe him, but when I do it’s a cheeky way for him to grow his BTC holdings. Easiest way I’ve done this in Australia is through strike @jack mallers We are both looking into cold storage once we accumulate a large holding.
How do you guys attempt to bring your partner into the Bitcoin world? My wife says she trusts me with BTC and our combined money. But I’ve tried to illustrate she needs to have some level of understanding so when BTC does have a massive drop and it feels like our net worth disappears, she’s ready for it and understands where this thing is headed. Any ideas ?? Thanks .
Bitcoin has been functioning the same since it’s inception in 2009. Nothing has changed… Bitcoin does not need ETF’s, companies or countries. They benefit from bitcoin, bitcoin doesn’t benefit from them. We benefit from bitcoin due to its unchanging attributes. Fixed supply and a decentralised protocol. Adopt bitcoin and opt out of the fiat system rigged against us. Robbing us of our time and energy through inflation. #stacksats
Imagine being able to lock up true VALUE into the future. Oh wait .. bitcoin exists. You can withdraw from exchanges and wallets into cold storage. This is pulling true value out of the system and market into a digital safe without an impossible lock to crack. Carrying value into the future… Now try doing that with fiat currency, if I buried $10,000 today in the back yard or locked it up in a safe. It’s worth significantly less 12 months later, then 10 years even less and the trend continues. Now lock up BTC in cold storage using a device like the cold card, passport or blockstream jade. What will that be able to buy you in 5-10 years? @Maple Bitcoin @Jor @Rajat Soni, CFA @ODELL @jack mallers
I’m thinking about setting up a little BITCOIN fund for my future kids. Allocating a very small percentage of my payslip into bitcoin and then to the fund. Imagine $5 or $10 a week into the fund for him/her to receive access at 18 years old. Crazy ! My parents did a similar thing for me growing up but in fiat…and I can tell you it was an absolute blessing but it’s purchasing power had taken a dramatic hit in the 18 years of growing the account. It will be my kids that get to experience I world of BTC and away from the fiat system.
@Jor on his YouTube channel ‘88SatsRadio’ talks about how discovering Bitcoin with its problem solving technology is something that you can’t unsee. You discover the problem that the fiat dollar creates and Bitcoin has a solution. You can never opt back into the fiat matrix system. Your view on money and the world it effects completely changes. @Jor calls this the ‘green light’ effect. Every person that gets to this level and never wants to sell bitcoin, is a green light . The green lights never sell, and they set the price bottom. That bottom level gets lifted as more and more green lights join up in bitcoin. Here are some green lights🟢: Individuals - @Jor @ODELL @jack mallers and you and I. The small guys. That make up 70% of those who hold hot coin. ETF’s like blackrock (1 million bitcoin held by etfs) Companies - Michael saylor’s company called STRATEGY (500,000 bitcoin) Countries - USA establishing a bitcoin strategic reserve. El Salvador accepting bitcoin as legal tender and buying bitcoin a in a government reserve. Green lights are spreading like wildfire, there would’ve only been 100 green lights in 2009/2010. Then maybe 1000 , then 10,000. I think that number only goes up, but it doesn’t go up quick. There are people who join up , sell at a profit or loss in hopes to make a quick buck or sell before losing more. Those aren’t green lights. It’s takes a lot to become a green light but you just have to buy and study bitcoin like your life depends on it.
If you use your whole PAYSLIP each week to buy BITCOIN, you can determine how much you get paid by the time you sell/or pay with bitcoin. Let’s say you get paid $1000 for the week and you use that all for BTC. The price of bitcoin then doubles 12 months later and you sell or use your bitcoin at its new price. Your payslip was then $2000 instead of $1000. Now imagine if you can Hodl most of that bitcoin bought with the payslip. You might’ve just been paid $10,000 for 1 week of work selling in 5 years. Rajat mentioned this idea on @Maple Bitcoin lasted livestream. @Rajat Soni, CFA #stacksats #sats #btc
I always try to acquire100,000 sats minimum a week regardless of price. This gets more difficult with price appreciation . So enjoy the ‘cheap’ SATS everyone. Can’t imagine this will continue much longer. Lock in 🔒
A kid could start live-streaming on zapstream and receive SATS as payment through lightning network. The kid is basically now earning an income. Crazy. Watch the Maple Bitcoin on YouTube and catch their livestream that’s just wrapped up. It’s a good one 😎 #sats #btc #zaps
If all markets see a global crash in the coming months/years . Something similar to 2008 . What price will we see Bitcoin? Can it go back down to $40-60k ? If it does drop to these prices, it gives us all another chance to accumulate as much bitcoin before mass adoption. You might even become a whole-coiner 🤯 #stacksats #btc
I’m 21 years old. I assumed life was as simple as saving in the bank and by doing so. Getting rich. I was wrong … you get poor. Saving in BTC is the way to go. #stacksats
Trump reckons “you’ll have so much money you won’t know what to do with it” I know what we’ll do with it 😏 #stacksats #btc
I’m getting way more sats for $100 than yesterday . #cheapsats
$100K bitcoin ! Check out my latest video :) Trying to get to 100 subs ! @Jor thanks for providing consistent bitcoin content daily. Your show is something I listen to at work that keeps me focused on stacking SATS. Cheers mate 🍻