The 1 Bitcoin Show - Btc is the dot com, backdoor centralized tokens, bgold, ico spam

Hello everyone this is adam meister the bitcoinmeister the disrupt meister welcome to the one bitcoin show today is June the 5th 2018 strong hand long term thinking buy and hold golden hold don't be impulsive people all right 2020 bitcoin having uncon for so these building blocks of my philosophy that i just mentioned you can hear me talk about them on the 12th and bokeh or tomorrow tomorrow here in Oslo Norway I'm gonna be at cafe Amsterdam 6 p.m. on Wednesday it's already 4 a.m. here and it's light outside of course it's light out I was just walking at 3 a.m. just for the heck of it I'd like to get a little bit of exercise in before the show sometimes and I fell asleep by accident and it was playing outside it's just it's crazy anyway tomorrow cafe Amsterdam 6 p.m. right here in Oslo or today Wednesday Wednesday in Oslo I don't have to use Oslo people but it's Tuesday still in the US of A alright let me just jump into well first of all I'm going to pour I'm going to Puerto Rico I'm going to be in San Juan after Florida I will be in San Juan Puerto Rico from June the 20th until the 28th because I want to see what's really going on in Puerto Rico with all this up Bitcoin talk we've got Bitcoin billionaire is there or who knows what's really going on there I'm gonna see it with my own eyes so if you're there email me and Adam at trey's or help calm I've already been in touch with some people and yeah check out my alberta tour is like everything's linked to below check out the links below that's too long of an intro isn't it all right so Matt Matt Odell has a very important weed out there ERC 20 token with a deliberate backdoor it's up in value on on the news that it has a deliberate back tour - if you're holding sore coin sore lads can transfer to transfer the balance from your account to any account at will whenever they want they have that ability absolutely insane and defeats the whole purpose of using blockchains to begin with okay there's this so they made this coin called sore coin it's an ER C 20 it's a token it's part of an IC o---- is that the people behind sore coin paid another company in Sora coin apparently and then they didn't like what that company did with some of their sore point they basically didn't like what that company did so they revoked that they turn their search or coin off that they took away the sore point okay from the peak now the company should never have accepted payment in sore I mean that company that dealt with sore coin this is the thing you're dealing with a centralized cryptocurrency this is what you get they can just take it back they can turn it off that's why you want decentralized that's why you don't want to play with this ripple stop and you're - I know everyone's used to living under the Fed living under the Fiat system where everything is centralized and things can be revoked that's not the way it works with true cryptocurrency ki that's not the way works with Bitcoin with Shore point it clearly does so check out this link that I linked to below it is a really interesting article or check out the entire thread the man Odell has he links to the article about this sore labs I mean and then the company sued sore labs so I think sore laughs since there's a centralized company based in some country they felt pressure there's been a settlement so it goes back way ways to centralization if you are a centralized coin you could be sued also but remember Bitcoin can't be sued that's another benefit of being a decentralized so check that out I found that very interesting all right be gold has an update a brief update the team is har and I share this because you know we all got be gold for free and we heard that he had some issues with the 51% attack and so a lot of us still hold to be gold because it was a cryptid dividend we got for free and we wanted to go up so we can get more Bitcoin anyway because it's all about getting Bitcoin Adam Meister does not tell people to buy altcoins unless is a very special speculation and I only tell people to speculate when they are already pretty Bitcoin wealthy when they can and most people out there or live in paycheck to paycheck they can't be speculating on altcoins because I mean they have no money only use your fiat on vehicle anyway that's a little sign of the team is hard at work prep I mean just that's for the newbies who don't get my philosophy yet it was people still ask you what do you think about litecoin how many of you have to ask me that during watched what lit watch the archives link to below disrupt meister comm panel man like button okay let's get into the team is hard at work preparing for a network upgrade to be accomplished via hard fork this will not create a new coin i don't know how they know that if you go up but okay that's but we're doing this for two reasons we need to address the threat of a six miners coming into the equal hash mining coal mining space and we need to take steps to improve the security of our blockchain in light of the recent 51 percent double spent attacks please note that we will be providing at least seven days notice before the network upgrade and perhaps more depending on what we hear from our critical ecosystem partners okay it's linked to below read the entire thing if you're interested in what's going on over there in the land of the be gold alright máximo has been on this show before máximos based in venezuela we love on this show he got some major retweet play with this tweet and it's linked to below and he says then as well and here no one is using be cash in here you have to realize something there is no merchant adoption in here because it's just stupid to spend Bitcoin instead of Boulevard people want to spend their Boulevard and store their bitcoins or dollars that is it ok so you see what people want to get rid of their Boulevard that's what they want to spend they want to preserve their wealth with a Bitcoin he's been saying that for a while and dollars also help preserve people's wealth down there in a hyperinflationary system so so no one is I mean it's it's crazy I mean we're two merchants adoption and be cash I mean that's the last thing on people's minds hey I'm not ripping on I mean this is just to reinforce the the glory of Bitcoin hey man a Bitcoin itself alright so check out that tweet here's a little Joe's figure be cash now we all know that well Panda is no fan of be cash and this is kind of a joke tweet kind of because be cash it does come up with these gimmicks they pump the coins value and this could happen and it reminds us that what would he proposes here reminds me of a negative interest rates that are implemented by by central banks which are totally unnatural but people deal with people are used to centralization of their money so again a lot of us got into bit a gun in the crypt of course because we don't like centralization but we've got all these newbies so they don't care if they're involved with a cryptocurrency that's involved with centralization thus we have that sore point example but anyway let me read the tweet I can't wait for be cash to start implementing negative fees an incentive for people to actually use their network negative transaction fees are the killer app okay again he's saying that as a joke but you never know they could try it and that I mean people brought up some interesting points like some people said yeah but then some people were like well then someone could just send Bitcoin it'd be cash back and forth between themselves and you know they'd be maybe be paid to do that with negative transaction fees but you know such such gimmicks let them try it I mean this is an experimental space the more the merrier you try your experiments if your essential is a centralized cryptocurrency you could do a lot of experiments more so than Bitcoin can so go ahead do something like that I doubt they'll exactly do that but happy the way things are going they make an announcement they're doing negative transit the price will soar and again some of us still hold be cash because we got it for free I'm not telling people to buy be cash I know a lot of it is a crimp of dividend of Bitcoin it was unfriendly fork but hey if gimmicks like that can make it go up in value based on the 80% mob saying hey that's awesome because again short coin just went up in value and it just I mean they took they took their coin back from a company again that company should not have gotten involved with swordpoint I can't believe I'm talking about soar coin man pound that freaking like button what a butt what a day you know things are crazy when it's 4 a.m. in the morning it's bright outside and I can't get I'm glad I'm not here doing a winter though I'd be saying oh it's horrible it's dark here at 2 p.m. Norway nor by the way so again this country the people are so still friendly they have a beautiful country during the summer tour to springtime I don't know what it looks like toward a winter time but I'm not going to ever be here during the winter time if I came out preventive at least I I get with the financial freedom that I have is with the freedom provided by Bitcoin I I don't like going to cold places I don't like being in cold places there's no point for me I can just again I have no I just travel around the world go from place to place that's my home is the road it's awesome it's but you never know yeah hopefully I'll stay in some other places longer but I don't live in Baltimore anymore although I will be back good Baltimore after Puerto Rico for a very for around you know around 4th of July we can talk about that later and then on the Alberta baby so like Baltimore is just the regular stop I'm gonna be in Alberta longer than I'm gonna be in Baltimore all right so keep it's it from the from the kimple keep it simple department pirate Beach almond says pirate beach bum don't let some of these talking heads over complicate things by offering you thousands of knockoff versions of Bitcoin keep it simple and hold Bitcoin yeah exactly don't get sore don't by sore coin don't buy the latest hottest salt coin flavor of the month a real long run bitcoin is the winner think long term people think long term all right and he also had a tweet that says how many billions of dollars will be stolen or lost in altcoin experiments the engineers who wrote and deployed the I you I'll use a different word bad code will not know their code is borked until it's too late yeah that is an interesting thought you know I bring this up because it is in the long run when all these altcoin experiments are done or a lot of people differently billions of dollars totally lost from hacks and all these interesting things were expected experiencing now you know taking back your your off-course stealing it back from people that you gave it to backdoors it's gonna add up over time and some people like oh my god gamble there's uh there's a hybrid - yeah okay wait you're gonna pick the winner and you're gonna know when to sell it keep it simple people Bitcoin know it's up it's not a popular thing to say people want the easy they want the flamboyant answer's yes there's going to be another Bitcoin one of these third - your alt coins will surpass it it's the latest hottest thing you buy it on this day you sell it on this day you flip it to this person no it's not that easy people easier said than done Bitcoin is the next Bitcoin and a the flashy the flashy insanity that only lasts a certain that only lasts a little wild people you have to have long-term plans in your life you can't do these impulsive things because you end up with nothing The Tortoise wins the race okay and I have been telling people Bitcoin for quite some time and for me personally obviously if I was buying it at you know 300 200 300 400 500 600 $700 whatever I mean it's looking real good for me now and it's looking good for a lot of people that I meet at these events are like Adam I've been watching your socialist 2015 and it just takes patience and and again people are gonna look back on seventy six hundred dollars or whatever it is worth today and they're gonna be like oh god I wish I did that I wish I thought long term you know they'll be talking about in 2025 Wow yeah $7,600 and now look how much it's worth I wish I didn't mess around with all those all coins and traded them back and they ended up with nothing and I could have had this just the real thing because it is the route Bitcoin is the real thing and again it's not flashy it seems like such a basic thing the same people don't want to be involved with with a base level but sometimes there's just base level knowledge that you have to have and have to stick with and I mentioned meat cow just sent a thank-you vention for five dollars in the super chat and don't panic sell half your bitcoins like I did he said yeah I mean that's a serious thing people don't panic summer your Bitcoin and then like it's sore corn all right well speaking of and again invention McDowell's great out there spreading the bitcoin word spread in the midtown word where he I mean that's a great audience the MIG tell the men out there I mean they all should be using they should all have a big coin stash I have done videos about this before I'll talk about it in the future again okay so we're we ico spam okay so a lot of content creators are probably familiar with this and some of them probably totally sell out to this to I mean if you see people mentioning rant like promoting icos on their channels or on their Twitter feeds or on their steam it pages or they're probably they might got paid by these icos because I get offers like every day on Twitter o DM to me email to me a sent over YouTube message to me these ICO saying that they'll pay me to talk about I mean to talk about their ICO or their tote whatever they want to call it and I just erased the stuff usually but I do read it I do read it and a lot of times it's based in Russia or so some Eastern European country and it's its total spam it's sometimes they don't even use your name they use it the name of the person that just sent it to and I mean it's not very precise why anyone would even participate in this well they want to get paid with your I see you're gonna you're gonna talk about some Russian ICO and accept their ICO token yeah see this or coin example yeah but anyway when I found interesting about this one that I just got and I'll read you you know I'll give you a little insight into what this sounds like we find your content very interesting and want to know if you are open to commercial offers we have several icos that soon will be promoted and if you have prices we will be very happy to know more about it what we expect from you make review about I SEOs on your steam an account now wait a second so and then they go and they list a whole other bunch of things they want me to do but I make review about I CEOs on your steam account so bad so two things on this I think that's bullish for steam it because if these these spammers I'm I mean they they want everyone to know about their I CEO they want every so they consider steam to be a legitimate platform now I think it's bullish for Stan I really do but be careful here on steam if you see some random dude talk about I CEOs they're like they probably got paid to do it but hey if the Russians know about steam it it must be good god I am serious about this I am see I've found it interesting was usually they're just saying you know make a video for me but these people had steam and I think maybe somebody else had mentioned it before to again I'll have to keep you updated about the ITM spam messages that I get but hey steam it's getting more legitimate every day again if you're a content creator put your legitimate content up there and uh you know you earn earn that steam don't buy the steam again that's a reminder I don't help you go buy that stuff I just tell people to take some time they got some free content put it on free steam it get some free steam and then turn it into Bitcoin and bam you just got some free Bitcoin and you're coming that like button you check out the links below and you're subscribing to this channel alright what else do we have here oh here here this is great Steve Lestrange has a tweet out there the internet Bob it's it's this is an article from 1995 and in comparing crypto naysayers to the internet naysayers of 1995 I love to see things like that so he actually retweeted the actual article and I think he explains how we had were in a similar time period where well similar in that people are gonna look back at the naysayers of Bitcoin just like the naysayers up the internet from 1995 it's just hilarious type of stuff now he also has an ED tweet where he says and I don't I want to dissect this a little bit for me the idea that Bitcoin will be the only surviving cryptocurrency is like saying in the 90s that there were only ever be dot-com domains okay yes there you've got a point there that Bitcoin will be the only surviving cryptocurrency is like saying that only dot-coms will survive but take it to the next level saying that you know Bitcoin will be the main cryptocurrency in the future it's just like saying back in the 90s that calm will be the main domain ending in the future and I've talked about this before on tour de Mistura has talked about this before and it's true but calm what you want a dot-com domain I know there are other ones okay but it's dot-com is the winner you when you create a new website the first thing you check is like oh is it comma vailable yeah you know if you've got a name you want to Adam Meister calm and I got an emotion of course I never got Adam moisture or Gore net you get that ever Adam Meister dot Lee or I mean all this other roots nonsense so there are other there other domain endings sure but calm is the one that's the real one just like Bitcoin is the real I think I don't even be more extreme with Bitcoin like the dominance of Bitcoin but who knows I mean again I mean calm is that nothing else compares to time what am I say I mean it's it's very similar so I thought I would mention that oh and finally be private is having a gathering in Melbourne which is funny was I was just on that woman's show and she's based in beep in Melbourne and she and that and that's in disrupt meister comm if you want to look at when I was on someone else's show and I anyway it's just it's just funny I'm just on somebody's show from Melbourne talking about be private a little bit now they're having an event down there coincidentally but that's cool be private keep spreading you're gonna doing your thing whatever all right and Henry Mall just sent us 5 . Hong Kong dollars thank you I put 3 let's see what he says I put 3% in taste hey zoast last year even such high projects get got rekt buy and hold Bitcoin don't speculate more than how much you put in a roulette game ok yes very good point it's effectively speculation is gambling so if you're gonna play if you're gonna speculate on some calm I mean bounce back come on so off coin you know bet is just pretend you're in Las Vegas how much would you put down on the roulette table put that on your butt again don't waste your money people don't waste your money get into get into the Bitcoin and you know this tasers thing is weird I heard you if you didn't have a password you lost your pesos and people didn't know you're supposed to save your password okay I don't play these games man I don't play and again so so tomorrow is the six real quick I wasn't gonna mention this but people predicted the six of every month Bitcoin goes up in terms of fear I don't care one Bitcoin equals one Bitcoin I knew in the long run in the year 2020 afterwards whatever it'll be worth a lot more than it is today so I don't care what it's worth the sixth of every month I and then all of you can talk about 6 6 6 and 7 6 6 6 and all these things and maybe then um when bots will have will have predicted 6 6 6 6 and you can see how genius he is everything all right check out the links below i'm adam meister the bitcoinmeister the disrupt meister remembers his friends channel like this video share this video I'll say hi to you guys in this chat bye bye