I have an addiction
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- čas přidán 15. 05. 2024
- It's time to face the truth and open up about my addiction.
I am addicted to the pursuit of a world based upon sound money where human time is exchanged only for something which is equally as scarce - bitcoin.
Books I mentioned:
'21 Lessons' by Gigi
'The Price Of Tomorrow' by Jeff Booth
'The Fiat Standard' by Saifedean Ammous
Instagram/Twitter: @MikeStillBTC
Support:
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Twitter/Instagram/Tiktok: MikeStillBTC
Thanks for watching!
00:00 Confessing my addiction
02:50 Bitcoin as money
04:31 What is money? Is it important?
05:46 The currency is broken
08:11 What is currency backed by?
09:28 Bitcoin the revelation
10:20 Money is time
13:10 Future planning and time preference
13:40 Absolute scarcity
15:28 Final thoughts - Zábava
30 people turning down free bitcoin: czcams.com/video/34dam_K-2NE/video.html
bro you start talking about something you learn are and passionate about. happened to me a few years ago. had to shut up because everyone was looking at me like "hey so they use case is to buy drugs? argg" they didn't get that this changes everything. and yes is sad that bad people use all the crypto craze to scam people into their investment schemes, i have seen even here on youtbe comments. lol "investor advice" people who "help" you lose your money lol. scammers everywhere but that is because of the nature of the irreversible transactions. nothing to do with the technology itself.
how i see the future of bitcoin, obviusly will become an investment as big as real state and banks will want to have your bitcoin stored with them and you will be able to pay with your card withou the shop knowing. but gob will refuse to give up control of their money, as they need inflation to function. the smart countries will keep some as the gold reserves. SO what you do its cool and i may as well start to do it. keep focusing on building the bitcoin circular ecomomy, the target is to improve the use in real life, not only trading get rich fast...
I find it funny how nobody said you were language addicted when you would upload those.Would definitely maybe be interested in exploring certain view points from books like you Mentioned glad you're uploading a bit consistently . Also will you be doing some more interviews?
Yeah I hope so! Thanks for watching. Any questions just post a comment any time, people will be happy to help.
Yes. it is funny considering that Bitcoin is a digital language for money! 😉
I started watching you because of language videos but i am also enjoying your btc related videos
That's great to hear. Bitcoin videos will make a short chapter of my CZcams life. Maybe a few years or something. Thanks for sticking around.
I too am a bitcoin psycho Mike. It's hard not to be when you truly understand bitcoin on a deep level. Once that thing clicks in ur brain it can't be switched off. Bitcoin will go up forever! ∞/21M
So true!
Thanks for my 16:22 minutes of fame!
I was an expat in Kuwait and i first came across your videos. As being another bitcoin addicted person, happy to see the shift in your videos towards bitcoin and waiting for more bitcoin related videos from you. Keep up the good work!
hala kuwait,his vids are just on another level
I've never seen any of your language videos. But I really enjoy you talking about bitcoin
Once you truly understand the importance of Bitcoin, you cannot un-understand it. We should go easy on the nocoiner commenters who haven't yet began to understand it. Hopefully we can help them at least try.
100% agree.
Your content is great!! Keep going!
Some commenters want more Arabic content, others want more btc content. Easy solution: film yourself orange-pilling Arabic speakers on the streets.
"Fiat currency always eventually returns to its intrinsic value - zero" -Voltaire
I love your Bitcoin Content. There is no one day I’m not thinking and learning about bitcoin. I‘m thankful for having bitcoin in my life. It gives me hope for a better future for all people all over the world. Especially for those who live in 3. world country. Thanks for your important educational content ♥️
bitcoin is fascinating, please learn about it, be open minded and you will get it
THANK YOU.gif
I subscribe to your channel because of the bitcoin material. Keep up the great work mate! Congrats on the little one on the way 🥳
Thank you!
🧡
Here since Arabic Mike as I love learning about languages, but also a Bitcoin boy myself from before. Enjoy the journey whenever it may take you.
Thanks man.
Now literally everybody is a Cryptobro.
Bitcoin has crashed now it is definitely not the time to stan for it! These Bros have all lost money and a great majority became bankrupt. Please stop advertising this make-believe currency. BitCoin is NOT money.
@@Purya it crashed from 0.0004$ in 2010 to 20000$ in 2022. The biggest crash in history. To the other direction.
Same.
You raise very good points. Excuse my ignorance, but what happens if technology fails us and we can't access our bitcoin anymore and physical money becomes the only alternative then?
The bitcoin network is extremely hardy and resilient so it’s not really something that one should worry about.
I started watching because of your bitcoin videos. Keep up the good work 👍
Oh you are alive....
👋🏼
Have you read layered money?
I have indeed. One of my favourites.
Came for languages, stayed for the bitcoin. Great content. The issues you talk about are serious issues, even if bitcoin isn’t the solution.
Bitcoin IS the solution lol
@@shivzvp0012 I agree. But the point is even if its not, the issues he raises are serious yet never mentioned.
Ay the guy i met on Rainbow Six Siege. How u doin, homie?
Not me
😂
excellent video
I'm going to share this on Twitter
if your ever in Chester hit us up and we can talk bitcoin
Thanks for watching and thanks will do.
ohhhhh Mike I actually happen to have a question regarding crypto currency. do you think sweatcoin will be valuable in the future? and is it legit or just some kinda scam?
No I don’t think it will. Stick to bitcoin is my advice.
@@MikeStillUK okkkk thanks
with the gold found in Guyana
and the gold found in Turkey this week
the world supply of gold is at about 9 Olympic swimming pools
😂
The scarcity of scarcity
Turkey have found 694MT of rare eath metals
that's 6× the amount of all global reserve's
it's enough for 1000 years at current demand
Turkey just broke what little chance that the world had of going on a gold standard 🤗
stack sats and fuck the banks
I miss arabic vids! 😪
Me too!! This window of time of immense importance (IMO) will not be open forever however. Arabic language will still be there waiting for me to continue in a few years إِنْ شَاءَ ٱللَّٰهُ
@@MikeStillUK you gotta do what you feel you gotta do with your channel, all good brother. It was encouraging to see a westerner learning arabic(something I'm doing myself-but it seems to be taking forever to learn).
@@MikeStillUK "in a few years". I bet Lily will be in one of the videos since she started to learn Arabic. How beautiful!😍🤩
I mean... they're not wrong. Not sure if the video title was meant to be ironic, but it does seem like an obsession and doesn't make for interesting content at all IMO :(
Sorry you don’t find it interesting, there are many people who are very interested in it including my previous subscribers, but not everyone will find it interesting. Have a nice day.
Maybe because you don't have to think about how are you going to afford a home for your future kids or you don't like to think period.
Not the bitcoin psycho 😭✋
What happened to your English lessons?
My channel covers a myriad of different topics. For the next few months or years I'll mostly be talking about bitcoin.
Der JeeJee (Gigi)🫡
I'm also addicted to crypto specially futures trading
Just DCA and hodl for me
Love your Bitcoin content. Replace the word Bitcoin with money it effects everyone globally. One is losing value every year without fail, the other one is separate from state and excess printing and is the future of wealth and freedom. Hodling 5 years and still buy more every month 💎🙌
:0 I had a friend that lives in another far away country we were so close always joke and laugh at each other's stories and posts on Instagram, one day she started the bitcoin stuff when she talked to me about it she started marketing for someone and spoke to me as if she is some freaking robot. I didnt feel like I was talking to the same person... I tried talk to her like a normal friend again.... hut she is lost..... we never talked again.
So...... Mike. Have u been replaced with robot like her??? :((
Bitcoin has no marketing team but once you've 'got it' it's hard to ignore. Maybe your friend and me would get along well haha.
@@MikeStillUK lol actually no it's like she gave money to someone " invested" as she told me and he gave her the money back triple what she gave him with bitcoin..... she even gave me his instagram so I can give him- I mean "invest" too lol
@@williammacbeth7282 It sounds like someone was using the hype and confusion around Bitcoin to scam people. Plenty of that happening. Don't trust. Verify.
@@io3213 I agree.
why is ur comment not visible tho?:0 cuz u stating facts??when I say true stuff my comments usually get deleted by youtube lmao
Brother, What are you addicted to?
The pursuit of a world based upon sound money where human time is exchanged only for something which is equally as scarce.
@Mike Still amazing what you said there!
Came for the language, stayed for the coin. Woopwoop
Thoughts on your current investment in BTC being a sunk cost fallacy stopping you from seeing the success and potential of other cryptos like Ethereum that have the capacity for some type of governance and fiscal policy? Bitcoin can't evolve and the securitisation costs of securing the blockchain will not scale in nearly the same way as something like a proof of stake consensus protocol can.
You're on the money that we need a new and smarter financial system. But bitcoin doesn't have a long term future if it cant adapt.
As someone who is financially conservative I see no reason to gamble on altcoins. That's why I stick to bitcoin.
@@MikeStillUK
I don't suggest gambling Mike! But I do suggest making informed decisions to better understand the second biggest cryptocurrency. The one that acts more like a money than bitcoin ;) Higher volume traded, greater purchase opportunities, more efficient network securitisation etc.
A financially conservative approach is to minimise risk. Diversifying a bit may help with the risk.
In a similar way to being closed off to other cultures, it can hurt to be closed off to other cryptos by calling them altcoins even if they've been well established for almost as long as bitcoin.
Glad we're aligned on that the current financial system isn't one that benefits everyday people anymore, and I hope you keep digging deeper into bitcoin and ethereum.
Bitcoin is working just fine as it is.
@@machineryswellribbon keeping your life savings in fiat is mathematically certain to debase.
@@machineryswellribbon There is no "second biggest cryptocurrency" - there is one digital commodity (it's called bitcoin), and then there are over 15,000 "crypto's" a.k.a unregistered securities. You are right in that they act more like money than bitcoin, because bitcoin doesn't have to pretend.
Hi bitcoin psycho 👋 🙃
unfortunately i have to agree with the comments , im unsubscribing because i have no interest in your new crypto content , although its just for convenience and i do wish you the best of luck, and if you read this i would like you to consider that when you made your language content ,you were in the top 0.001 of people who ever did that if not the absolute best (which you were in my opinion) , however going into crypto/bitcoin you are going into a sea of creators and into much worse odds of success or distinction, i know peoples passions change , and in case some arabs were as***les to you in the past and that contributed to your shift , i would like to apologize on their behalf .