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I Lost My Bitcoin and Here’s How It Happened! | Beyond Bitcoin · Simply Bitcoin

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  Let's say you're like me. You bought Bitcoin back in 2017.
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  You heard some influencer telling you it was the future.
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  Bitcoin is the wave of the future.
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  You stacked a few sets, maybe even a full coin or two, And
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  now, years later, you have less Bitcoin than you started with.
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  Oh, not because of some hack or some rug pull.
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  It's because life got more expensive and you can hold on,
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  am I right? And this is the part that nobody
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  tells you. The hardest part about Bitcoin
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  isn't understanding it. It's holding.
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  And now instead of living in that luxury apartment that
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  you've always dreamed of, you're living in a van down by the
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  river. When I first got in, Bitcoin was
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  all hype and hope. It was the future.
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  Sound money, the end of Fiat, the number go up.
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  You couldn't open up YouTube without someone promising
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  $1,000,000 Bitcoin. And I believed it.
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  A lot of it just bought enough for held long enough I'd be
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  free. But there's one thing I didn't
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  understand back then. The timeline between here and
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  Freedom is longer than it feels. Over the next 5 to 10 years, it
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  will become a no brainer. It will be like looking back,
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  you know, in 1995 and saying, oh, of course we're going to
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  have computers in every house in every school.
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  But, you know, in 1980, that wasn't that wasn't a sure thing
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  or a given thing. You know, that was laughed off
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  by, you know, when Bill Gates and C Drive said it's going to
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  be in every house, a computer in every house.
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  Everyone laughed at them and thought they were crazy.
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  But now everyone looks back on that and says, oh, of course
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  that was going to happen. So I look at this and think if
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  if you had a keen eye, you can see what's happening.
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  I think it's inevitable. It's just a matter of when, not
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  if. A video gives you instant
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  dopamine at a price. Prediction gives you instant how
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  a time Time is invisible. You can't feel what five years
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  actually is. Five years of groceries, kids,
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  bills, birthdays, rent, gas, debt and price appreciation.
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  Five years and maybe next cycle. And all the while, your stack is
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  quietly shrinking, not because you traded it, but because you
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  had to live life. When when mining, I I learned,
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  you know, a couple of interesting things.
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  One is once you get a taste of Bitcoin revenue, oh boy, you
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  don't want to sell that thing right?
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  But you keep getting the bills. And so immediately I said why am
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  I selling the thing that's appreciating I need?
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  I would rather use it as collateral and meet my expenses
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  and keep the upside. And I had already done really
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  well shorting the Boulevard with the dollar.
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  So this concept of borrowing weak and holding hard asset felt
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  natural. The Fiat world is a gravity
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  well. It pulls you down with rent,
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  insurance, gas prices, school tuition.
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  Everyday the gravity gets heavier.
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  You have to keep running on a treadmill just to stay in one
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  place every day. Work, earn, spend, repeat.
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  When the weight gets too heavy. What's the easiest thing to sell
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  your most liquid asset? Your Bitcoin.
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  Not because you want to, but because your car broke down or
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  your kids school wants another check.
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  Tough break. That's how I lost mine after
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  gambling. Or through the gravity of life.
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  Owning Bitcoin is like sitting at a poker table.
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  The blinds go up every single round.
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  Costs more to stay in the game. That is inflation.
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  Most of us didn't get wrecked on some wild bat.
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  We just got blinded out one expense at a time.
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  A family, a baby on the way, and dreams of escape velocity, that
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  point where you finally break free from the system's gravity.
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  But escape velocity requires energy And in my case, I ran out
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  of fuel. Let me just pause here for a
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  moment. When the grid goes down and
• 3:40
  communication lines stop working, how can you ensure that
• 3:44
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• 3:47
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• 3:50
  of your survival gear needs. They got gear like satellite
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  phones, Faraday bags, solar powered generators.
• 3:56
  They've got it all. Everything you need in times of
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  crisis. And if you go to sat123.com and
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  put the promo code simply, you'll get 15% off your
• 4:04
  purchase. Whether you're camping with your
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  family or you're trying to survive a crisis, SAT 123.com
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  has got you covered. If I could tell my past self one
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  thing, it's this. The goal is not to get rich
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  fast. It's to say solve it long enough
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  to hold on. Spend less than you earn.
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  I know Bitcoin is very exciting to you, but do not treat it like
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  it's a casino ticket. Treat it like it's an oxygen
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  tank. It may be the thing that keeps
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  you alive in some of the most unsurvivable situation.
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  Every SAT that you still have is like a breath of future freedom.
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  Remember, life will probably become more expensive.
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  This gravity wall does not stop. Saving is essential for us as a
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  civilization. And what Fiat did is it took
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  that away from us and then it forced everybody to become an
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  investor, or more accurately, A gambler.
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  Because you're not just even because the money itself is
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  broken, because the money itself is constantly changing in value
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  investing is becoming more of a crapshoot.
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  I mean, value investing is completely underperforming
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  compared to market analysis. You know, you you listen to the
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  Fed and you that you know what matters to the price of
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  individual companies is monetary policy much more than it is
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  their own performance. So basically, you need to be a
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  junkie watching the Fed and following all of the world's
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  central banks. And you need to learn
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  macroeconomics and you need to learn what all the central banks
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  are doing. And you need to understand how
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  commodity markets work. And you need to understand how
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  equity markets work and bond markets and real estate markets,
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  you need to do all of those things just in order to be able
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  to save and earn the and keep the money that you've already
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  earned. Yeah, that's the criminal thing
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  about it. And.
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  One last thing, there is an entire community out there of
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  Bitcoiners and they all like to transact in Bitcoin.
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  So it actually makes sense to make some friends with some
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  Bitcoiners and stay inside that network.
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  The more inside that network, the more transactions you have
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  going on, and the more you have transactions going on, the more
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  you have opportunities to earn Bitcoin.
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  And Bitcoiners are some of the most smartest people in the
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  world, aren't they? And let's face it, sometimes
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  life might offer you something that Bitcoin cannot solve.
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  That's when real people actually matter.
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  Joining the Bitcoin network isn't just about joining the
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  monetary network. It's about joining the social
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  layer network of Bitcoin. Perhaps it could actually help
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  you out on a pinch. Perhaps you'll get new customers
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  because you'll get into Bitcoin. Perhaps you'll get new friends
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  because you get into Bitcoin. I may have lost my Bitcoin that
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  I gained an entire community of people.
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  People that have literally sent me messages and shared with me
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  that that they're alive today because they're plugged into
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  this community that they got sober because they found a group
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  of individuals to help hold them accountable.
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  We have a a Bitcoin veterans group for Christians as well.
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  And we have people that have that have found Jesus and are
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  sharing this journey with other veterans who are walking through
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  that with them. People whose lives are being
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  ultimately completely transformed by being plugged
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  into this new mission with these individuals that have walked on
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  that path and are more than happy to reach back and say,
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  come on, I got you. Let's do this thing.
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  And then to bring them alongside with all of us in this community
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  is growing exponentially. It's crazy.
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  They just people just keep on showing up and the the the
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  members of this community are so gracious and giving of their
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  time, knowledge and gifts that we are truly witnessing iron
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  sharpen iron on a daily basis as these individuals just continue
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  to invest in one another. Right now might be the most
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  Bitcoin you have in your entire life, so stack accordingly.
• 7:52
  And if you want to stack more Bitcoin right now and you'll go
• 7:56
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• 8:00
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  energy like hydropower. You own the hardware and they
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• 8:09
  wallet. And if you go to saasmining.com
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• 8:16
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• 8:21
  mining today. Try SaaS mining.com.
• 8:24
  Thank you so much for watching this video.
• 8:25
  If you like what you see and you want to see more, make sure you
• 8:28
  hit that like button below or you can subscribe.
• 8:30
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• 8:33
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• 8:35
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• 8:38
  This is beyond Bitcoin. Until next time.