
Hosted by StackingHats & BitcoinBrendo · EN

Thanks Idiots It's been...emotional. Onwards. #Bitcoin

This is the big one! Today, we put some Bitcoin (1,432,047 Satoshis to be precise) in the hands of kids. It’s theirs, they own it, and we don’t have any say in how they save it or spend it. I’ll not spoil the results here, but I do have some thankyous to give. The Artists and their Parents Bowdog Jr; Charlotte; Jasper; Evie; Harriet; Niels; Regan; India; Luna; Archer; Sabine; Frankie; Sena; Bellemy; Claudia; Samuel; and, Ava. The Judges Our kids Those who kindly donated. With a special mention to: Scott, Mallory and Charlotte from www.shamory.com HaggisHodl and AnAverageSalmon whose generosity kicked this off The Inspiration Pixel and Paul To see the winning entries, go to: https://bitcoin-first.com/kids-art-competition/

We’ve always wanted to do an “Orange Pill Live” episode, to test our abilities in answering the questions of a precoiner and to see if (during the course of a podcast) we could convince someone to buy themselves their first Bitcoin. That was the intention of this episode, but in the time it’s taken us to schedule the pod with Bernie, he’d already got himself off zero! However, Bernie is Brendo’s mate, so we thought we’d go ahead with the call and press record anyway, and only publish it if we thought it might help someone out there. It turns out, Bernie has gone from zero to well down the road of hero in 2 short months, but he gave us a great perspective on the issues and questions a new Bitcoiner has right now. We discuss: Bulked-up Brendo “Crypto” misconceptions What made Bernie take the first step into Bitcoin The challenge of buying a home and deposit requirements University (HECS) debt indexation Lack of government support, lies about inflation, stimulus cheques, UBI and something having changed Trying to outrun inflation Savings accounts, stocks, risk taking and having a go What Bernie did practically when he decided to buy some Bitcoin Hot and Cold wallets Understanding a non-physical asset Personal responsibility, 2FA and key storage Steel Seedplates Speaking in Bitcoin or Sats The gradually then suddenly event horizon Volatility, risk taking and bag pumping Rewards programmes Why does Bitcoin crash and is it a buying opportunity Murrurundi golf Pod Shout-outs HardBlock https://www.hardblock.com.au/join/hats The Bitcoin Adviser (Peter Dunworth) *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact Bitcoin Bush Bash http://bitcoinbushbash.info/ Contact Us www.2bitidiots.com

*** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact If you’ve not heard Peter Dunworth’s valuation model for Bitcoin (frankly, what are you doing with your life), go back and listen to episodes 70 and 77, but although he’s been spruiking it all over town and asking someone to challenge it, no one has...until now. We, completely unfairly invited Pete back on under false pretences and then hit him with “his nemesis waiting in the green room”. We wanted to see if we could shake his conviction or rattle his composure. Listen to find out if we could. Settle in with a coffee. This is long one. We discuss: Exponential rise of Bitcoin and fall of Fiat Positioning and wealth preservation The distinction between risk and volatility Resistance to change The opportunity of buying in a SMSF The importance of mobile Kids with Bitcoin wallets Never needing a bank account Blackrock, ETF’s and what does Larry Fink Liquidity drain Client’s will demand Bitcoin exposure from their financial adviser Banking restrictions Why does the bull run ever stop and the point of no return Taking profit, a risk on behaviour What happens when AI and the machines start draining liquidity Why ransomware only ever wants Bitcoin Uber ELI5 and ELI2 The Bitcoin Adviser Starved of original thought Unit bias Moving towards self-actualisation Lambos and Yachts Holy Moly and It’s a Knockout An App Store for Keys Pod Shout-outs https://twitter.com/MichaelDunwort1 https://twitter.com/wavlake https://twitter.com/w_s_bitcoin https://twitter.com/luke_broyles https://twitter.com/BTCSchellingPt https://twitter.com/Meta_Trav https://twitter.com/AndyBTCAdviser https://twitter.com/JakeBTCAdviser https://twitter.com/Rob1Ham *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact Contact Us www.2bitidiots.com

Jesse (@Jessenostr) is a cafe owner (Rise Mofo in Toukley) and former pastor based on the Central Coast in NSW, Australia. This one was an absolute pleasure to do. I hope you get as much from it as we did. We hope we offend you all at least once. Deal with it, it’s fine. We discuss: Emerging from the Bitcoin wilderness Was COVID the orange pill tipping point for learning Starting a Central Coast Bitcoin meetup after attending the Newcastle meetup I, Pencil https://www.youtube.com/watch?v=67tHtpac5ws How to orange pill a lady who just popped in for a coffee The power of asking a question A growth and fixed mindset Encouraging effort over success Being drawn into Christianity, becoming a pastor and then ultimately disillusioned Having everything invested in your religion and losing it all The similarities and differences between finding religion and finding Bitcoin Don’t Trust, Verify Community building in Bitcoin The whole is greater than the sum of its parts Faith Evolutionary science The HeartMath Institute https://www.heartmath.org/ Energy shift in a room Brain wallet bitcoiners Pure truth Accepting Bitcoin in your business and helping others to do the same Long-term thinking for the Central Coast Paying your staff to learn about Bitcoin Bitcoin discounts VoltPay Freedom Pod Shout-outs https://twitter.com/Talej https://twitter.com/MichaelDunwort1 https://twitter.com/2300btc https://twitter.com/_k3tan https://twitter.com/HodlersWay https://twitter.com/btcmap https://twitter.com/VoltPayApp https://twitter.com/theamberapp https://twitter.com/Nackoo2000 Book Recommendations Mindset: The New Psychology of Success, by Carol Dweck https://amzn.to/3KoE0vH *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact Contact Us www.2bitidiots.com

Jeremy Majid is the CEO of the Australian Bitcoin Industry Body www.bitcoinindustrybody.org.au whose mission statement is: “To serve as a voice for the Australian Bitcoin Industry. We welcome open and constructive dialogue with Government and Media and are available to assist with any and all Bitcoin related matters.” There will be sceptics amongst you (I’m one of them), but not about the intentions of ABIB, more the willingness of government to engage in an honest and sincere dialogue. In this one we discuss the problem and how ABIB can be part of the solution. As always...make your own mind up. “Knowing” bitcoiners you’ve never met Anger at fiat jobs Forex trading, gold, silver and why we're not going back to a gold standard Taking control of your finances Finding like-minded friends at a Bitcoin meetup Product Manager at HardBlock Self-taught learning Blockchain Australia Long-term thinking makes volatility easier to manage You don’t need a lot Use Bitcoin and testnet Price inflation examples Changing beliefs Survivors guilt Feature development at HardBlock https://www.hardblock.com.au/join/hats Who is ABIB Interacting with AUSTRAC Holding 2% of foreign exchange reserves in Bitcoin The Moon Landings and conspiracy Scams in Bitcoin Bitcoin business networking Pod Shout-outs https://twitter.com/AusBTCIndBody https://twitter.com/saylor https://twitter.com/danWilcz https://twitter.com/rusty_twit https://twitter.com/JP_Technology https://twitter.com/stephanlivera https://twitter.com/citadeldispatch https://twitter.com/dazbea https://twitter.com/PrestonPysh https://twitter.com/EthanBitcoin https://twitter.com/RobertKennedyJr https://twitter.com/OdyseeTeam https://twitter.com/BitcoinMoonFund https://twitter.com/_k3tan Book Recommendations The Bitcoin Standard by Saifedean Ammous https://amzn.to/3rJpk3X Enter or Support the Kids Art Competition https://bitcoin-first.com/kids-art-competition/ At least 1,432,047 sats to be won! *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at www.thebitcoinadviser.com/contact Contact Us www.2bitidiots.com

If you don’t know what they are, whatever you do, don’t look it up or listen to this podcast. There is no one that can segue from high voltage power transmission to upper decker’s and back quite like Daz Bea. Yes, what’s happening in our world right now is damn serious, but we all need to find the fun in it too and that’s why we keep asking Daz onto the pod. He brings a wealth of knowledge around electricity, net zero targets, issues and opportunities in Australia and beyond, is a founding member of Looking Glass Education, is a proud family man and Queenslander, sings at the weekend and writes books in his ‘spare’ time. I’m tired just reading that! This time we discuss: State of Origin LIV Golf Family priorities Twitter v Nostr (particularly Primal) Protocols v Platforms Nostr documentary https://www.youtube.com/watch?v=aA-jiiepOrE Puppies Net zero future and 100% renewables Energy mix, grid stability and Bitcoin mining in Australia and beyond Understanding at a regulatory and political level Who pays for the grid National Electricity Market Data https://opennem.org.au/ Pumped hydro, solar and hydrogen production efficiency Being able to argue the counter argument Electricity transmission and cost Paid Zoom and AirBNB shitcoiners Snakes, frogs and spiders Rural power demands National grid v Local generation SWER network and outback Australia Getting vocal with your MP Bitcoin Bush Bash, 29-30 July, Palm Cove Surf Club, QLD Seizing the right opportunity Pod Shout-outs @MirbooHodl (Nostr) https://twitter.com/itsmaxdemarco https://primal.net/jack https://primal.net/andi https://twitter.com/BTCBrisket https://twitter.com/LookingGlassEdu https://twitter.com/Croesus_BTC https://twitter.com/BitcoinAlive https://twitter.com/roger__9000 https://twitter.com/TboneHODL https://twitter.com/Bquittem https://twitter.com/bitcoinbushbash https://twitter.com/Mtheadventuross https://twitter.com/Lightsats21 Book Recommendations B is for Bitcoin, by Daz Bea and Seb Bunney https://amzn.to/3rw9vgL Enter or Support the Kids Art Competition https://bitcoin-first.com/kids-art-competition/ At least 1,432,047 sats to be won! Contact Us www.2bitidiots.com *** Get your first 3 months free with The Bitcoin Adviser when you use referral code "SECURE" at https://www.thebitcoinadviser.com/contact

www.breez.technology has been around for a while, and to be honest I didn’t know much about it, so when Ivan reached out to have a chat it seemed like as good a time as any to start learning. Located in Sofia, Bulgaria, Ivan (@Nackoo2000) is the Chief of Staff (Chief of Stuff) and first non-developer to work for Breez. He’s my favourite type of bitcoiner...the ones that are here for the mission first, knowing the money will take care of itself. We discuss: Primal on Nostr (desktop). 100x improvement Being orange-pilled by your lady Devoting a holiday to prove her wrong We’re all on the same team. Love not money Bitcoiners with conviction are those who first tried to prove it a scam Bitcoin striking an intense emotional button The ultimate measuring stick is unit of energy The challenge of explaining Bitcoin to loved ones Not asking for permission. Just starting and trying to make an impression The practicalities of remote working Being aligned on the mission and genuine care for your colleagues Bitcoiners coming out of the shadows in Bulgaria The functionality of Breez and the importance of Lightning as the medium of exchange Lightning Service Providers Business and Personal Goals Custodial versus Non-Custodial and improving reliability Saving versus Using Bitcoin Spending Sats creates another node in the network Instant settlement Aligning incentives and split payments Consequences for cheating Pod Shout-outs https://twitter.com/Breez_Tech https://twitter.com/JasonPLowery https://twitter.com/JeffBooth https://twitter.com/FossGregfoss https://twitter.com/natbrunell https://twitter.com/knutsvanholm https://twitter.com/fountain_app https://twitter.com/BullBitcoin_ https://twitter.com/Mtheadventuross Enter or Support the Kids Art Competition www.bitcoin-first.com/kids-art-competition At least 1,222,047 sats to be won! Plus, prizes from www.shamory.com Contact Us www.2bitidiots.com

Some would call it Karma. The more you try to do good, the more good seeks you out. We started the Kids Art Competition with a modest 200,000 Satoshi’s to give away and our fingers crossed, but at time of writing, that prize is now 1,222,047 sats. Cool, right (thanks to all the supporters). We also got an e-mail from Scott and Mallory Sibley, whose daughter Charlotte wanted to enter the competition, and they wanted to add a few prizes as well (if that didn’t disqualify Charlotte!) They have kindly offered to donate a copy of their books “Goodnight Bitcoin” and “If You Give a Monster a Bitcoin” to the winner of the 0–4-year-old competition, and a copy of their game “SHAmory” to the winners of the other 3 age groups. Plus, there will be a 50% discount at www.shamory.com to all those who enter the competition. We are very grateful for this kind gesture. So, get creative kids! We asked them to come on the podcast to tell their story. We discuss: Pacific Time minimalism Recognising that Bitcoin families working and learning together is important Teaching in a fun way Bringing the skills you have into Bitcoin Realising that you’re part of something special Simplifying complex concepts Satoshi and Hal Manufacturing a product with no experience SHAmmy for Africa Built with Bitcoin Raising money to build a water well Finding a Bitcoin designer Selling bracelets for Satoshis Pod Shout-outs https://twitter.com/TheBitcoinConf https://twitter.com/rjames_BTC https://twitter.com/builtwithbtc https://twitter.com/YusufBWB https://twitter.com/BitcoinerJobs https://twitter.com/pacificbitcoin https://twitter.com/BitcoinAlive https://twitter.com/geyserfund https://twitter.com/Paulbuybtc https://twitter.com/PrinceySOV https://twitter.com/CryptoCloaks https://twitter.com/BtcPins Book Recommendations Goodnight Bitcoin, https://shamory.com/product-category/books/ If You Give a Monster a Bitcoin Bitcoin Money: A Tale of Bitville Discovering Good Money, https://amzn.to/44BpOr7 Enter or Support the Kids Art Competition https://bitcoin-first.com/kids-art-competition/ At least 1,222,047 sats to be won! Contact Us www.2bitidiots.com

We start with a quick shill for the Australian Bitcoin Industry Body’s petition for the RBA to hold 2% of assets in Bitcoin. More details at: https://www.aph.gov.au/e-petitions/petition/EN5167 CLOSING DATE FOR SIGNATURES IS 12 JULY 2023. For more details, listen to this discussion with Dale and Jeremy on The Why Bitcoin Show: https://fountain.fm/episode/cRv5zTAB4DiYoTqCdFs1 Brendo and I are golfers...not great golfers, but we try. So, when MirbooHodl / GreatGrandMan (Dom. A Nostr maxi. Npub below) reached out a couple of weeks ago about a Golf meets Bitcoin project – 88 Sats – we wanted to talk about it. I’ll be honest and say there were a couple of red flags, but after some back and forth over Nostr DM’s we realised that Dom was an open book and was happy for us to question the maxi credentials of the project. More than anything, this a pod about community building in a Bitcoin world. We discuss: Can 88 bitcoiners buy a golf course How long will it take and how to store the Bitcoin until then Why 1 Aussie “oddball” from Victoria wants to own a golf course in Canada Running golf tournaments with Satoshi prizes Creating a Bitcoin only community and a circular economy 88 Sats: Npub1ke3gzakud8hvdpmxxkhzymf87tkznnhmlj78gdqj4t9rqqmkhlws52gfzw Jor: Npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 Finding Bitcoin without social media Primed for Bitcoin after going down the carnivore and regenerative agriculture rabbit holes Wearing the Bitcoin merch in your fiat world Low time preference Building a node within 3 weeks of buying his first Bitcoin Leaving the nihilism behind Allergy to bureaucracy Pod Shout-outs https://twitter.com/AusBTCIndBody https://twitter.com/farmerjen55 https://twitter.com/whybitcoinshow https://twitter.com/KNGgolf https://twitter.com/triggerpod https://twitter.com/KonstantinKisin https://twitter.com/francisjfoster https://twitter.com/saifedean https://twitter.com/saylor https://twitter.com/Blue_CollarBTC https://twitter.com/dazbea1 https://twitter.com/bitcoinbushbash https://twitter.com/BTCsessions https://twitter.com/AndyBTCAdviser https://twitter.com/GazLarking https://twitter.com/PeterBTCAdviser https://twitter.com/PerthHeat https://twitter.com/btcessex https://twitter.com/mission_bitcoin Npubs Hats: npub1evkn6h4dgkk6ey8mqy90spv2fmfnnzgj8u3h8dgqyql32gs9tywqhdruxp Brendo: npub1jsauhxc6hjyk5th86qc5z02c9f0cfc7dwszzlj7e9s8wt54w490q4kglr9 MirbooHodl: npub1jeyv5qwg4286fm68vwj93yr53xv9g799w9vcz8al8mkkz36wkt4qektpt7 Book Recommendations The Bitcoin Standard, https://amzn.to/3PA1MIG The Fiat Standard, https://amzn.to/3PH7loG Golf in the Kingdom Michael Murphy, https://amzn.to/46seqQ5 Support the Kids Art Competition https://geyser.fund/project/2bitidiots More than a million sats to be won!