EP98: Weekend at Bernie's

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