Podcast: Play in new window | Download (Duration: 1:55:11 — 33.0MB)

Bitcoin recently hit an all time high over 122,000 dollars and now has fallen to about 118,000 as I write this.  Long gone are the days of 300, 600, 6,000 or even 25,000 dollar Bitcoin, but you know what hasn’t changed, unit bias bullshit!  I heard it so many times over the years, “I wish I would have listened earlier but I missed the opportunity” and I have always responded with “no you didn’t miss it, you are missing it right now” and that too has not changed.

Unit bias is where a person says “but I will never even own one full Bitcoin” while buying fractional shares of ETFs of various groups of stocks they are clueless about in their 401Ks every pay check.  It is just foolish thinking.  These are the people who buy silver instead of gold because “you get more” while ignoring historical performance.  They own fractional shares of Amazon and Tesla but some how thing buying sats vs. whole coins is somehow a handicap.

Additionally we have the mentally broke, their excuse is “I can’t afford to buy Bitcoin”.  Many of these people buy plenty of things daily they don’t need to “mentally medicate themselves”.  Whether it be going to fast food places instead of making their own lunch or buying energy drinks or some other vice.  Plenty of people, especially 20-30 something blow small amount of money daily that could given the time they have left in their working lives make them wealthy.

People think they “don’t get Bitcoin” because it is to complicated.  That is nonsense!  While the underlying components of Bitcoin can be complex the formula for building wealth with it is actually so simple the mind is repelled by it.  Want the magic formula right now?

End every day with more sats than you started with!

Start saving with the future in mind.  At this point most people realize that the day of 1 million dollar Bitcoin is inevitable and in fact that will not be a ceiling but let us use it anyway.  I also do not think it will take 10 years to happen, but let’s use that too.  Currently you get roughly 10 sats for a penny, at one million dollars you would get 1 sat for a penny.  Translate to dollars and 5 bucks buys about 5,000 sats, at one million 5 bucks buys 500 sats.  Why does that matter, let’s change our input thinking.

I make you a deal, the deal is you can buy all the dimes you want today, they will each cost you one penny.  How many dimes do you want to buy?  Your answer is all of them right?

Okay let’s go to another level.  There are only two conditions to this.  One, you have to keep the dimes at least 10 years before you spend them, at that point you can buy anything with them.  Two, the only “catch” is when you get your dimes in 10 years you can’t use them to buy more dimes at a penny a piece.  “No wishing for more wishes” sort of thing.  You still want this deal don’t you?

Great that is the deal in front of you now!  Stop trying to hit the lottery and start building wealth today with a deal that is actually better than the one I just offered you.

Join Me Today to Discuss….

• An SNL or Seth Meyers (not sure) skit that is more accurate than you think – link
• Bitcoin hits ATH then drops to 118K why it doesn’t matter
• Unit bias is still wrecking peoples thinking – Guy Swan Podcast on Unit Bias
• Ill never own a whole one is nonsense
• You already own fractional assets stop pretending its different
• Dimes for a penny the satoshi math that matters
• This is now a the favorable vs unfavorable asymmetric risk that think you missed
• Can’t afford it is usually just bad spending
• Young with time DCA and start now
• Even 5 dollars a day adds up with time
• I DCA 10 a day and already own a lot
• Thirty and forty somethings check for 401K ETF access
• Fifty and sixty somethings move slow but start
• There are income yield BTC options now
• Bitcoin is safer now than ten years ago
• You didnt miss it you are missing it now
• End every day with more sats than you started with
• Jack Mallers Video you Should Watch – link
  `

Resources for today’s show…

• Find Me on Nostr
• Article Explaining the GrowNostr Initiative
• Join the Members Brigade
• TspAz.com
• TSPC on Discord
• TSPC Group on Telegram (group chat)
• TSPC Telegram Channel (just messages from me)
• Jack on MeWe
• Join Me on Odysee
• All My Recommend Bitcoin Tools and Resources
  `

Sponsors of the Day

• Join the MSB Here
• Get Your Copy of “Laws of Life”
• The Wealthsteading Podcst – Grow your Wealth Like a Garden
• Start9 Embassy Servers – Take back your digital sovereignty
• Frigidaire Portable Ice Maker – Item of the Day
• The Bitcoin Standard – Item of the Day
• Home Food Systems – Courses that Teach You to Produce Your Own Food in Your Own Backyard
  `

Video Version of Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon.

Want all the Early TSP Episodes?

Remember in addition to discounts to over 80 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.