How To Be Wrong About Bitcoin For 13 Years Straight

How To Be Wrong About Bitcoin For 13 Years Straight

People have been calling Bitcoin a Ponzi scheme for over 16 years.If that were true, it would already be dead.In this video, I break down what a Ponzi scheme actually is, why Bitcoin clearly does not fit that definition, and why this criticism keeps resurfacing from people who fundamentally misunderstand money, value, and how markets work.Value 4 Value: If you enjoyed this content feel free to zap me some sats via the lightning network: thesatstacker@coinos.io or https://coinos.io/thesatstackerNYKNYC. Buy Bitcoin and withdraw to self custody with Bitcoin Well. Use my referral link for a chance to win free sats: https://bitcoinwell.com/referral/mftabFollow:https://x.com/thesatstackprimal.net/thesatstackerhttps://www.tiktok.com/@thesatstackhttps://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAhhttps://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37⏱️ Chapters00:00 – Is Bitcoin a Ponzi scheme?00:20 – Why this myth still won’t die after 16 years01:01 – The actual SEC definition of a Ponzi scheme02:06 – Why Bitcoin confuses people at first03:16 – Bitcoin clearly does not meet the Ponzi definition03:44 – “Price goes up” ≠ Ponzi scheme04:20 – Is gold a Ponzi? Art? Land?05:19 – Bitcoin is not an investment, it’s money06:21 – What makes something good money07:23 – How superior money demonetizes inferior money08:56 – Does rising gold (or Bitcoin) make it a Ponzi?11:09 – “Too volatile” and “Ponzi”? Pick one12:01 – Why real Ponzi schemes collapse, and Bitcoin hasn’t13:27 – Open source vs secrecy and deception14:10 – The real Ponzi hiding in plain sight: fiat money15:19 – Debt, money printing, and the Ponzi math of fiat16:33 – Central bankers, secrecy, and inflation lies17:22 – The historical failure of fiat currencies17:48 – Final verdict: Bitcoin vs fiat18:30 – Exiting the system designed to steal from you

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Episoder(192)

I Asked a Hardware Wallet Engineer About the Coldcard Hack

I Asked a Hardware Wallet Engineer About the Coldcard Hack

Last week a major hardware wallet failure shook the Bitcoin world. I sat down with BitBox embedded engineer Niklas Dusenlund to break down exactly what happened with the Coldcard vulnerability, why it...

13 Aug 38min

Jeff Booth on BIP-110

Jeff Booth on BIP-110

This is an excerpt from my recent interview with Jeff Booth, discussing BIP-110🟠 Stack smarter with the Sat Stacker app (first month free): https://satstacker.app/satstacker📊 Strike referral — fees ...

7 Aug 11min

Bitcoin’s Biggest Test Is Still Ahead | Jeff Booth on BIP-110, Bitcoin Treasury Companies, AI, & more

Bitcoin’s Biggest Test Is Still Ahead | Jeff Booth on BIP-110, Bitcoin Treasury Companies, AI, & more

Jeff Booth joined me to discuss some of the biggest tests Bitcoin is facing. Bitcoin Core vs. Knots, BIP-110, treasury companies, self-custody, AI, and why Jeff believes the rules of the game have com...

6 Aug 58min

Massive Bitcoin Hardware Wallet Bug Disaster Update (URGENT COLDCARD USER ALERT)

Massive Bitcoin Hardware Wallet Bug Disaster Update (URGENT COLDCARD USER ALERT)

A critical vulnerability has been discovered affecting certain Coldcard-generated seed phrases, and over 1,000 BTC has reportedly already been stolen.In this video, I explain what happened, who may be...

1 Aug 10min

What Investing Gurus Won’t Tell You (But I Will)

What Investing Gurus Won’t Tell You (But I Will)

The investing industry has a secret. We’ve been taught that becoming a better investor means consuming more information: more charts, more research, more predictions, more trades. But decades of data ...

27 Jul 10min

Bitcoiners Keep Killing Their Returns — History Explains Why

Bitcoiners Keep Killing Their Returns — History Explains Why

Most people think the biggest risk in Bitcoin is buying at the wrong time.History suggests it’s something else entirely.In this video, I break down one of the most shocking pieces of Bitcoin data I’ve...

23 Jul 8min

Bitcoin’s Bull Market Is Waiting On One Thing

Bitcoin’s Bull Market Is Waiting On One Thing

What if Bitcoin’s bull market never died? It just got delayed.After digging through the data, I think I found the real reason Bitcoin has underperformed, and it has less to do with Bitcoin than most p...

20 Jul 11min

Crypto Is Dead. Long Live Bitcoin.

Crypto Is Dead. Long Live Bitcoin.

Crypto is dead. And it's the best thing that could’ve happened to Bitcoin.For 15 years, Bitcoin has been unfairly lumped together with rug pulls, meme coins, celebrity scams, and VC pump-and-dump toke...

16 Jul 8min

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