Episode notes
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)
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Bitcoin Bush Bash
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