Time for some reflection on the first half of the year and where we are going.
Bitcoin Price at Time of Recording
June 8th, 2024: $69,192
Block Height at Time of Recording
847,135
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
Ethernight Club by Kevin MacLeod
Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license
Website
Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info
I can be reached by email at [email protected] and on Twitter at McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!
[00:00:00]
McIntosh:
Hey, Pleb Nation. Today is June 9th, and this is episode 171 of Satoshi's Plebs. I'm your host, Macintosh. And today's episode is Last Half Focus. Alright. This is gonna be a little bit different. I'm heading out of town tomorrow. I'm recording this on Saturday night. It's going to be a fairly short episode. Probably, I'm thinking less than 30 minutes. Gonna skip some of the stuff. There's really no news to talk about this week, not of super significance, so we're actually gonna skip that. I do have something I wanna talk about, and, we'll get into that in just a minute. But, to begin, we'll do our brief market update. As I record here on Saturday night, the the, we're at block height 847135, and the price of Bitcoin is $69,192.
So, that's kind of it for the market update. We continue to trend, no different really than, what we have been. I actually thought late this week that we might break out. We were testing, those upper limits of the box that I've been talking about so much lately. And, he tried, and then we fell back. When this thing breaks open, I think, to be honest, I think it's going to explode. But regardless, we have not at this point. We are continuing to be in a good place. I hope you are continuing to DCA as we always talk about here on Satoshi's Plebs. Let's just go ahead and jump right on into it. Okay? I really do wanna make this a short episode.
So as we are already in June and we are approaching the half the 6 month mark, the half year mark, whatever you wanna call it of the year. I have become a bit more reflective as I do from time to time. And I look back on the last 6 months and I go, Macintosh, what were you doing? I've been all over the place. Different projects, different things that we've been talking about here on the podcast. And, you know, I told y'all recently I've been helping a friend build a shed, something that, we, as a family, actually enjoy doing. And, that process, has proven to be fairly lengthy.
We are, I believe, approaching the end. But, anyways, I wanted to I I wanted to spend some time thinking and contemplating on the second half of this year where we're going. I will say this, I believe that Bitcoin is going to continue to trend upwards. At some point, we won't break out of these summer doldrums and, this post happening box that we've been in, and we will be moving on upwards, in my opinion, towards a $100,000. Probably, I think, before the end of this year, but we will see. That certainly remains to be seen. Of course, that's not financial advice, all that kind of stuff, but that's just what I keep coming to the conclusion of when I look at the data.
So, anyways, of course, I've continued my mining. I've continued those daily stacking of sats, if you wanna look at it that way, which is how I look at it. And, that's gone on pretty good. Already started to put some thought into this podcast and kind of how I wanna approach second half of this year. I think maybe for the last 6 months to even a year or so, I think if I were honest, I think I would say I've been, a little directionless. We talk about a number of things on here. We talk about the Bitcoin news in general. Of course, I talk about privacy a lot. We talk about how Bitcoin helps people in difficult situations.
You know, we just we cover a lot of different topics that I'm super technical. And I don't know. I've mentioned things in passing, which I don't necessarily even follow-up on. One of the things about me, you know, I'm basically an entrepreneur, and I have these ideas, like, just I'll have 5 ideas in a day, and that doesn't mean that I can do 5 of them, and I realize that. But, actually, where all this, a lot of this comes from today, I was listening to what Bitcoin did, Peter McCormick's podcast, probably one of the most, well known, listened to podcast in the space, and, he interviewed Michael Saylor. Now Michael Saylor is the CEO of MicroStrategy. This is somebody that I followed for a while.
He kind of found Bitcoin in 2020. So, but he jumped in in a big way. He's become very influential. I do not agree with everything that he says. I agree with a lot of what he says. He used a great metaphor of Bitcoin about Manhattan, being the island of Manhattan. His first few years, he's kind of stopped talking about that and moved on, so so to speak, to other things. But but he was talking to Peter on this particular podcast. And one of the things that he said, he was talking about how he doesn't really engage with people on Twitter in terms of this back and forth. And I try not to actually, I've already tried not to do that, to be honest, just because I don't enjoy that form of debate. I have no problem with debating people. I just find it to be, especially on Twitter, very combative.
Not really my thing. But then he was talking about focusing what you do talk about. And I my ears kind of perked up, so to speak. He's talking about how he doesn't talk about all these different things. He only talks about 1 or 2 things and it's things that he's done known about whatever for a while, and that's what he focuses on. And he just simply doesn't even engage with other people about these other things. That kind of struck me, to be honest, because I do tend to engage on a lot of different things. And I just like I said, I talk about a lot of different things here on the podcast. And I'm not sure that that's maybe the best thing.
And I don't really know how to handle that, to be honest. But yesterday, I began a vacation. So we're leaving town tomorrow. We'll be gone for a week, essentially. And then I'm actually having another week off from my day job, from my fiat mining job as some people say. And I will, be working on the shed. I hope to kind of finish the outside during that week which will in a lot of ways wrap up my involvement with that project. But I'm gonna spend a lot of time thinking about this during the next 2 weeks. So I'm gonna record this tonight. I'll post it tomorrow night. It'll come out. You know, Sunday night, it'll come out and, be posted kind of at a regular time.
I probably will not post until the like, a week from the next from this Monday. So I'll be late after that for one day, because I think we'll be getting back on Sunday, and I probably will really won't feel like recording. And I have the next day off. I should be able to at least record Monday night and get it out Tuesday, either late Monday or Tuesday. So just a heads up, I'll probably be late there. But I am gonna spend, you know, these next couple of weeks. I don't know what I'm gonna talk about next week at this point. We'll have to see. But I really wanna spend a couple of weeks and, you know, really think about this stuff. And then I'll come back and, you know, kinda share that with y'all and we'll see where we go from there.
You know, we've got the conference coming up in July, planning on going to that. Really looking forward to that, actually. And, we'll see where the where the second half of this year takes us. You know, one of the things that I love about the Mere Morals podcast is they're constantly talking about goal setting and goals and, like, they just had their June goals, episode, which I haven't been able to listen to yet, but I saw that they had put that out probably about a week or so ago, which would basically make it the 1st June. That would make sense. I love that. And I've always, for a long time, let me say it that way. I've been a goal setter.
But I've learned over the last few years to sharpen my focus. And I want to take my time with this podcast to sharpen that focus and really decide what I need to be talking about. Do I need to spend time interviewing with other people? Do I need to be, I don't know. Whatever. Right? So looking forward to that. Looking forward to the time off, to be honest. Looking forward from not having to go to that day job. I like my job, but it's pretty stressful. And, you know, we'll unwind a bit, and we'll spend some time thinking and probably reading some different stuff. I've got I've got a number of books I can try and catch up on, and then we'll get back to it. Okay?
So that's kinda what I wanted to share with you. I'd love to hear your thoughts on that. Here in just a second, we'll be talking about our supporters, and, you know, you could boost in and let me know what you think would be a great, thing to do. Okay? So alright. So speaking of supporters, we'll go ahead and jump right on into that. I've got to get Telegram open. So it looks like this week, during our, this week, we got a boost from Gulag Bound, one of our regular listeners regular supporters. He said would be interested to hear about the Bitcoin legal funds. Just a thought during the boring Michael, boring market cycle. Sent a row of sticks, 1111.
I appreciate that Gulag bound. And I touched on this last week. I'm not sure it's worth a full episode, but it's certainly what something I could talk about. There are a number of different, legal funds and I would say open source projects, ways to support these. Certainly would put that into the hopper over the next week or 2 of things to talk about. So thanks for the input. And, so we had a total, of 20 basically, 24100 sats, 2390 7, whatever, for the week. So he sent in the row of sticks, and then he's, we had streaming as well.
1200 1300 sats as well. So I appreciate that. Like I said, not really a whole lot out there in terms of news this week, and I do wanna make this as short as possible. So we're just gonna kinda skip that. Nothing major. Things are just kind of going along midsummer. What can we say? So we're gonna go ahead and wrap this up. I appreciate the value that Gulag Bau brought. We are a value for value podcast. What that means is that I depend on people like him to support this show. If we provide value in a meaningful way, we hope that some of the listeners would provide value back. And we do that. We see that, on a pretty regular basis.
One of the things though that we can do to provide value back to you as a listener, aside from the content that we're providing, if you'll clip one of the episodes, 1, 2, 3 minutes from the episode, I know you can do this on film. Just clip it and post it there on the app and tag me in the boost. I will if it's a current episode, I'll boost you 500 stats. If it's an older episode, I'll boost you 300 sats. It's a way for you to make some treasure. It's a way to make some sats from me, and it's a way to what we get in terms of value. You know, we get, we get exposure, frankly. So other people hear that, listen to it. Hopefully, they like what they hear and so on.
You know, I talk about value for value time and time time and time again on here. We don't have any ads. We don't have sponsorships. I don't do anything like that. I believe, honestly, that that type of support can skew your view journalistically, and I try and avoid that. So, if I'm shilling some product for some company, let's just say Ledger as an example, very well known hardware wallet in the Bitcoin space. They also support, the casino coins as well, but they support some of these large podcasts. If you have a large number of downloads, you know, I'm sure they're getting quite a bit of money.
The problem is if they were giving me that money, let's say they were giving me $5,000 an episode, it's certainly possible. Do you think I'd be talking about Ledger when they have a data breach as they've had? Do you think I'd be talking about how Ledger the fact that they support casino coins, all of these other alternative tokens, means that your Bitcoin that's stored in a ledger wallet, the security on it is not as good because of all of this different exposure. It gives more places to attack that hardware wallet. Just one little example.
I don't wanna harp on that too much, but yeah. So that's why I love to hear from people like Gulag Bound. K? If you're new to podcasting 2.0, I would suggest going out maybe and grabbing the fountain podcasting app. I also enjoy using the Podcast Guru app. I've been using it a lot lately and also Podverse. Okay? They're all great products. You can hook them up to a Lightning wallet, which is a Bitcoin, layer 2 wallet, and then you can stream and support sats on a podcasting 2,0, podcasts like my own. You can boost. You can send in messages, that kind of thing. Well, anyways, that's about it. Thanks for being here. I hope this has been helpful. I sure would love to hear from you. I'm on Twitter at McintoshFintech.
I also post my, Nostra Pub key on my Twitter account right up at the top. I've pinned it up there. And that way, if you're on Nostr, you can follow me there as well. I'm on Macintosh. I'm on mastodon at [email protected]. And we've got the satoshi plebs website. So stay humble, friends. Go out. Make it a great week. I will talk to you soon.
Hey, Pleb Nation. Today is June 9th, and this is episode 171 of Satoshi's Plebs. I'm your host, Macintosh. And today's episode is Last Half Focus. Alright. This is gonna be a little bit different. I'm heading out of town tomorrow. I'm recording this on Saturday night. It's going to be a fairly short episode. Probably, I'm thinking less than 30 minutes. Gonna skip some of the stuff. There's really no news to talk about this week, not of super significance, so we're actually gonna skip that. I do have something I wanna talk about, and, we'll get into that in just a minute. But, to begin, we'll do our brief market update. As I record here on Saturday night, the the, we're at block height 847135, and the price of Bitcoin is $69,192.
So, that's kind of it for the market update. We continue to trend, no different really than, what we have been. I actually thought late this week that we might break out. We were testing, those upper limits of the box that I've been talking about so much lately. And, he tried, and then we fell back. When this thing breaks open, I think, to be honest, I think it's going to explode. But regardless, we have not at this point. We are continuing to be in a good place. I hope you are continuing to DCA as we always talk about here on Satoshi's Plebs. Let's just go ahead and jump right on into it. Okay? I really do wanna make this a short episode.
So as we are already in June and we are approaching the half the 6 month mark, the half year mark, whatever you wanna call it of the year. I have become a bit more reflective as I do from time to time. And I look back on the last 6 months and I go, Macintosh, what were you doing? I've been all over the place. Different projects, different things that we've been talking about here on the podcast. And, you know, I told y'all recently I've been helping a friend build a shed, something that, we, as a family, actually enjoy doing. And, that process, has proven to be fairly lengthy.
We are, I believe, approaching the end. But, anyways, I wanted to I I wanted to spend some time thinking and contemplating on the second half of this year where we're going. I will say this, I believe that Bitcoin is going to continue to trend upwards. At some point, we won't break out of these summer doldrums and, this post happening box that we've been in, and we will be moving on upwards, in my opinion, towards a $100,000. Probably, I think, before the end of this year, but we will see. That certainly remains to be seen. Of course, that's not financial advice, all that kind of stuff, but that's just what I keep coming to the conclusion of when I look at the data.
So, anyways, of course, I've continued my mining. I've continued those daily stacking of sats, if you wanna look at it that way, which is how I look at it. And, that's gone on pretty good. Already started to put some thought into this podcast and kind of how I wanna approach second half of this year. I think maybe for the last 6 months to even a year or so, I think if I were honest, I think I would say I've been, a little directionless. We talk about a number of things on here. We talk about the Bitcoin news in general. Of course, I talk about privacy a lot. We talk about how Bitcoin helps people in difficult situations.
You know, we just we cover a lot of different topics that I'm super technical. And I don't know. I've mentioned things in passing, which I don't necessarily even follow-up on. One of the things about me, you know, I'm basically an entrepreneur, and I have these ideas, like, just I'll have 5 ideas in a day, and that doesn't mean that I can do 5 of them, and I realize that. But, actually, where all this, a lot of this comes from today, I was listening to what Bitcoin did, Peter McCormick's podcast, probably one of the most, well known, listened to podcast in the space, and, he interviewed Michael Saylor. Now Michael Saylor is the CEO of MicroStrategy. This is somebody that I followed for a while.
He kind of found Bitcoin in 2020. So, but he jumped in in a big way. He's become very influential. I do not agree with everything that he says. I agree with a lot of what he says. He used a great metaphor of Bitcoin about Manhattan, being the island of Manhattan. His first few years, he's kind of stopped talking about that and moved on, so so to speak, to other things. But but he was talking to Peter on this particular podcast. And one of the things that he said, he was talking about how he doesn't really engage with people on Twitter in terms of this back and forth. And I try not to actually, I've already tried not to do that, to be honest, just because I don't enjoy that form of debate. I have no problem with debating people. I just find it to be, especially on Twitter, very combative.
Not really my thing. But then he was talking about focusing what you do talk about. And I my ears kind of perked up, so to speak. He's talking about how he doesn't talk about all these different things. He only talks about 1 or 2 things and it's things that he's done known about whatever for a while, and that's what he focuses on. And he just simply doesn't even engage with other people about these other things. That kind of struck me, to be honest, because I do tend to engage on a lot of different things. And I just like I said, I talk about a lot of different things here on the podcast. And I'm not sure that that's maybe the best thing.
And I don't really know how to handle that, to be honest. But yesterday, I began a vacation. So we're leaving town tomorrow. We'll be gone for a week, essentially. And then I'm actually having another week off from my day job, from my fiat mining job as some people say. And I will, be working on the shed. I hope to kind of finish the outside during that week which will in a lot of ways wrap up my involvement with that project. But I'm gonna spend a lot of time thinking about this during the next 2 weeks. So I'm gonna record this tonight. I'll post it tomorrow night. It'll come out. You know, Sunday night, it'll come out and, be posted kind of at a regular time.
I probably will not post until the like, a week from the next from this Monday. So I'll be late after that for one day, because I think we'll be getting back on Sunday, and I probably will really won't feel like recording. And I have the next day off. I should be able to at least record Monday night and get it out Tuesday, either late Monday or Tuesday. So just a heads up, I'll probably be late there. But I am gonna spend, you know, these next couple of weeks. I don't know what I'm gonna talk about next week at this point. We'll have to see. But I really wanna spend a couple of weeks and, you know, really think about this stuff. And then I'll come back and, you know, kinda share that with y'all and we'll see where we go from there.
You know, we've got the conference coming up in July, planning on going to that. Really looking forward to that, actually. And, we'll see where the where the second half of this year takes us. You know, one of the things that I love about the Mere Morals podcast is they're constantly talking about goal setting and goals and, like, they just had their June goals, episode, which I haven't been able to listen to yet, but I saw that they had put that out probably about a week or so ago, which would basically make it the 1st June. That would make sense. I love that. And I've always, for a long time, let me say it that way. I've been a goal setter.
But I've learned over the last few years to sharpen my focus. And I want to take my time with this podcast to sharpen that focus and really decide what I need to be talking about. Do I need to spend time interviewing with other people? Do I need to be, I don't know. Whatever. Right? So looking forward to that. Looking forward to the time off, to be honest. Looking forward from not having to go to that day job. I like my job, but it's pretty stressful. And, you know, we'll unwind a bit, and we'll spend some time thinking and probably reading some different stuff. I've got I've got a number of books I can try and catch up on, and then we'll get back to it. Okay?
So that's kinda what I wanted to share with you. I'd love to hear your thoughts on that. Here in just a second, we'll be talking about our supporters, and, you know, you could boost in and let me know what you think would be a great, thing to do. Okay? So alright. So speaking of supporters, we'll go ahead and jump right on into that. I've got to get Telegram open. So it looks like this week, during our, this week, we got a boost from Gulag Bound, one of our regular listeners regular supporters. He said would be interested to hear about the Bitcoin legal funds. Just a thought during the boring Michael, boring market cycle. Sent a row of sticks, 1111.
I appreciate that Gulag bound. And I touched on this last week. I'm not sure it's worth a full episode, but it's certainly what something I could talk about. There are a number of different, legal funds and I would say open source projects, ways to support these. Certainly would put that into the hopper over the next week or 2 of things to talk about. So thanks for the input. And, so we had a total, of 20 basically, 24100 sats, 2390 7, whatever, for the week. So he sent in the row of sticks, and then he's, we had streaming as well.
1200 1300 sats as well. So I appreciate that. Like I said, not really a whole lot out there in terms of news this week, and I do wanna make this as short as possible. So we're just gonna kinda skip that. Nothing major. Things are just kind of going along midsummer. What can we say? So we're gonna go ahead and wrap this up. I appreciate the value that Gulag Bau brought. We are a value for value podcast. What that means is that I depend on people like him to support this show. If we provide value in a meaningful way, we hope that some of the listeners would provide value back. And we do that. We see that, on a pretty regular basis.
One of the things though that we can do to provide value back to you as a listener, aside from the content that we're providing, if you'll clip one of the episodes, 1, 2, 3 minutes from the episode, I know you can do this on film. Just clip it and post it there on the app and tag me in the boost. I will if it's a current episode, I'll boost you 500 stats. If it's an older episode, I'll boost you 300 sats. It's a way for you to make some treasure. It's a way to make some sats from me, and it's a way to what we get in terms of value. You know, we get, we get exposure, frankly. So other people hear that, listen to it. Hopefully, they like what they hear and so on.
You know, I talk about value for value time and time time and time again on here. We don't have any ads. We don't have sponsorships. I don't do anything like that. I believe, honestly, that that type of support can skew your view journalistically, and I try and avoid that. So, if I'm shilling some product for some company, let's just say Ledger as an example, very well known hardware wallet in the Bitcoin space. They also support, the casino coins as well, but they support some of these large podcasts. If you have a large number of downloads, you know, I'm sure they're getting quite a bit of money.
The problem is if they were giving me that money, let's say they were giving me $5,000 an episode, it's certainly possible. Do you think I'd be talking about Ledger when they have a data breach as they've had? Do you think I'd be talking about how Ledger the fact that they support casino coins, all of these other alternative tokens, means that your Bitcoin that's stored in a ledger wallet, the security on it is not as good because of all of this different exposure. It gives more places to attack that hardware wallet. Just one little example.
I don't wanna harp on that too much, but yeah. So that's why I love to hear from people like Gulag Bound. K? If you're new to podcasting 2.0, I would suggest going out maybe and grabbing the fountain podcasting app. I also enjoy using the Podcast Guru app. I've been using it a lot lately and also Podverse. Okay? They're all great products. You can hook them up to a Lightning wallet, which is a Bitcoin, layer 2 wallet, and then you can stream and support sats on a podcasting 2,0, podcasts like my own. You can boost. You can send in messages, that kind of thing. Well, anyways, that's about it. Thanks for being here. I hope this has been helpful. I sure would love to hear from you. I'm on Twitter at McintoshFintech.
I also post my, Nostra Pub key on my Twitter account right up at the top. I've pinned it up there. And that way, if you're on Nostr, you can follow me there as well. I'm on Macintosh. I'm on mastodon at [email protected]. And we've got the satoshi plebs website. So stay humble, friends. Go out. Make it a great week. I will talk to you soon.
