The Real Reason Bitcoin Is 58k Forever! | Guest: Adam Simecka | EP 99

Pleb UnderGround

Is bitcoin destined to be 58k forever? we are joined by Adam Simecka to discuss the mystery surrounding 58k. We also discuss a very contentious tweet that Adam made regarding working in and around the bitcoin space. Many people are too afraid to speak up regarding their experiences and it shouldn't be like this. a heavy discussion for sure.

✔ Special Guest/Fireside Chat:

► @AdamSimecka

► @MannaBitcoin

► @HandsFreeBTC

► handsfreebitcoin.com

► https://x.com/AdamSimecka/status/1823722033068617964

✔ Numbers:

► https://x.com/offshorehodl/status/1824425972965261577?s=52&t=CKH2brGypO5fEYTgQ-EFhQ

✔ REKT:

► https://x.com/sethforprivacy/status/1821911218749047196?s=52&t=CKH2brGypO5fEYTgQ-EFhQ

► https://x.com/AEHW1/status/1822987811374440538

► https://x.com/BobMcElrath/status/1824496628654543174

✔ Bitcoin Hopium:

► https://x.com/txmctrades/status/1824156032420966717?s=52&t=CKH2brGypO5fEYTgQ-EFhQ

► https://www.coinspeaker.com/nps-invests-33-75m-microstrategy/

► https://finbold.com/senator-ted-cruz-now-holds-this-much-bitcoin/

► https://x.com/excellion/status/1824442399252471843?s=52&t=CKH2brGypO5fEYTgQ-EFhQ

✔ Twitter Handles: @coinicarus @AEHW1

✔ ShoutOuts:

► @BitkoYinowsky - our PlebUnderground Logo

► @WorldofRusty - Our YT backgrounds and segment transitions

► @luckyredfish - Outro Graphic

► @plebsTaverne - Intro video

► @robbieP808x - Outro music

✔ Links Mentioned:

► https://timechaincalendar.com/en

► https://timechainstats.com/

✔ Check out our Sponsor, support Bitcoin ONLY Businesses:

► https://cyphersafe.io/

We offer a full line of physical stainless steel and brass products to help you protect your bitcoin from various modes of failure. CypherSafe creates metal BIP39 / SLIP39 bitcoin seed word storage devices that backup your bitcoin wallet and protect them from physical disaster

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GM #Bitcoin (mon-fri 10:00 am ET) and The #Bitcoin Council of Autism Spaces on twitter

Timecodes:

0:00 - Intro

00:24 - Waltons Rap

02:32 - Numbers

04:09 - Bitcoin Has Weight!... maybe.

05:13 - Mt GOX bitcoin that remains

09:56 - The biggest theft in history, and no one knows it!

14:48 - FireSide Chat: Adam Simecka

16:13 - Adam's rabbit hole story

18:19 - Manna bitcoin: solving the issue of lightning channels and self custody for the masses?

23:41 - Adam's warning tweet about working in bitcoin

26:15 - Why did adam tweet this out?

28:47 - Self censorship comes in many forms

36:22 - Bridging the gap between fiat and hard money

49:23 - REKT

49:44 - Bitcoiner leaves hardware wallet maker to focus on monero wallet?

50:57 - Bitcoins curse! 58k forever why?

52:58 - Bitcoins Value proposition to millennials

54:53 - Are retail bitcoiners tapped out for the moment?

57:36 - Bitcoin rehypothecation is just too tempting to some businesses!

01:01:18 - Hopium

01:01:36 - Every cycle is going to be the same is it?

01:02:32 - South korea is stacking.... microstrategy stock.

01:03:05 - Samsons bullish tweet. Everyone is buying bitcoin!

01:04:53 - Ted Cruz is accumulating bitcoin!

01:06:39 - If politicians accumulate bitcoin will they see it as many bitcoin maxis do?

#Bitcoin #crypto #cryptocurrency #weekly

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