Introducing: “What’s The Problem?” Let’s help *everyone* get to the starting line. Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video. Please share it with everyone you care about (link below). Thank you Bitcoin 🧡 @SatmoJoe

Replies (43)

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npub1wl39...znlx 11 months ago
A tremendous, and wonderfully accessible, piece of work from @SatmoJoe. A little understood aspect of Bitcoin is that Bitcoin in and of itself is not necessarily what excites people in the industry. What IS really exciting is the potential of this tool to fix and mitigate a multitude of problems. Whether your savings are being eaten by inflation, whether you feel you will never be able to afford a house, or whether you can't understand why everything is getting more expensive while your quality of life seems to get worse, problems with our monetary system are likely to blame. Bitcoin attracts people who are fixers, who have seen these problems and want to do something about them. @SatmoJoe has set this out with great clarity, and almost without mentioning Bitcoin at all.... View quoted note →
My pleasure. Thank for you watching it! Please share it with the people you care about
Alison Avery's avatar
Alison Avery 11 months ago
Truly outstanding video, Joe. Such an approachable yet cohesive explanation. Many thanks for the time and thought you put into this. Just watched it with my father and was able to have a great discussion with him. I will check out your site and stay on the lookout for other educational materials you create. Please keep us posted here on nostr! #bitcoin #nostr #plebchain #grownostr #bitcoineducation
zorbaR's avatar
zorbaR 11 months ago
What’s The Problem ?'s avatar What’s The Problem ?
Introducing: “What’s The Problem?” Let’s help *everyone* get to the starting line. Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video. Please share it with everyone you care about (link below). Thank you Bitcoin 🧡 @SatmoJoe
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Amazing, thank you for letting me know, Alison. These types of discussions are precisely what I hoped to stimulate. Please share it with anyone and everyone :)
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npub12kxh...ytx6 11 months ago
Great video, and very informative flow chart, it summaries a lot of the information you pick up from listening to podcasts for years
SatmoJoe's avatar
SatmoJoe 11 months ago
Amazing, thank you! Please spread it far and wide to everyone that needs to see it 🧡
SatmoJoe's avatar
SatmoJoe 11 months ago
Thank you! I hope everyone gets to watch this and then share with the people they care about
Every engineer understands conservation of energy. We know we can’t destroy or create energy. Money is time and energy in abstracted form. If that is true, we can’t just create money (energy). If we could create energy, the natural balance of the universe would violated. Systems would become chaotic and the natural equilibria of the universe would collapse. Expansion of the universe would accelerate unpredictability and have profound catastrophic consequences. Despite this, our governments continuously create new money (energy). Printing money leads to instability. Social instability, economic instability, political instability, institutional instability, health instability. Respecting conservation of energy results in stability. The universe remains orderly and governed by laws of physics. We need a form of money resistant to the temptation to print more fake energy units. It’s the only way to return stability and order to our society. TL;DR There is no free lunch. Printing money has profound, negative consequences. The world needs hard money to return to a state of equilibrium. Buy #Bitcoin.
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npub1qqqq...e3v8 11 months ago
Joe created one of the best introductory explainer videos about Bitcoin, titled "What's The Problem" With a first-class degree in Physics from Oxford Uni and extensive experience in finance and investing, Joe brings a wealth of knowledge to the table
What’s The Problem ?'s avatar What’s The Problem ?
Introducing: “What’s The Problem?” Let’s help *everyone* get to the starting line. Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video. Please share it with everyone you care about (link below). Thank you Bitcoin 🧡 @SatmoJoe
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Fantastic video, finally a presentation that provides the most information without having to convince a friend to read The Bitcoin Standard. This is the problem that everyone feels but not everyone understands. They even have solutions: gold investment, quality food in local communities, returning to nature. Everyone is looking for solutions, but for them the answer is the same: Bitcoin
This is a such a brilliant approach to take with no-coiners. My family and friends get so burnt out by me trying to explain all the complexities of the problem and why #bitcoin fixes this but @SatmoJoe has distilled it so beautifully. A true mark of intelligence is being able to make something complex sound simple and he has nailed it here. #fixthemoney #fixtheworld View quoted note →
I shared this with my mother who is in her 80s. She replied ‘Bloody brilliant, understandable and Really , Really Scary! I shall pass it on to friends who will hopefully get it. I certainly did.’ Great work Joe! I can that see your training as a Physicist, reducing complex systems to their most elegant expression, came in handy here.