Things are very interesting in a post-election world.Everyone thought a Trump win would tank the economy, but the opposite has happened.The dollar is shooting through the roof, the stock market is soaring and even Bitcoin is hitting its best numbers in three years.Now is the perfect time to jump on that Bitcoin wave.I'm not a big fan of luck.And currency speculation is just another name for gambling.One of my friends lost over fifty grand in a single weekend when he tried to get into this game.Why do you think people dope horses, boxers take dives, and only the uber rich do well with currency speculation?They know how to manipulate the market.As the old poker saying goes – If you look around the room and don't see the sucker, then it's probably you.The people who made the most money from the Gold Rush of 1849 were not the miners.They were the guys who set up hardware stores and sold them shovels.They made more money and took a LOT less risk.Don't be the gambler – just service his needs.

There are tons of startups in the blockchain and Bitcoin marketplace.They show up, raise huge money in Silicon Valley, and then they fall apart.You don't want to be in that game.Right now my shopping cart doesn't accept bitcoin.I'm working on fixing that and it's a scheduled update they are going to push just for me.Let people pay you in Bitcoins and you can start to capture all those miners that nobody else wants to service.Serve No Master on Amazon Most other links can be found in my TOOLBOX Send in your questions to podcast [at] servenomaster [dot] com Read Full Transcript they show you the official exchange rates but you'll never get that number no matter where you go in the world you go to any bank and exchange shop and they give you a different number they never give you that website numbers of the number I'm talking about is when I actually been withdrawing money from ATMs and women moving money around just last night I bought a pair of slacks I haven't bought a pair pants and five or six years is where I live it's too hot but in for this conference I need one pair of khakis just in case and they should be two prices they offered me the price in dollars or the Tyson bot and in exchange rate they offered me was about 35 it is and why know that it's more than 36 right now so I'm certainly not falling for that I can pay in dollars would rather let my own bank give me the better exchange rate following that understanding exchange rates will allow you to spend your money more but if you're not traveling abroad when the ways you can get into the foreign-exchange game is by understanding bitcoin give you real brief simple overview piquant is a currency that is created when certain mathematical formulas are met so you can actually become a bitcoin minor you can buy very expensive computer that does operations all the time and when he completes a certain number of mathematical formulas it generates a single bit going that's how bitcoin farm work to tell that whole system works so computers often work in parallel or work together and each earn part of it going big quiver started it was like a dollar to the bit coin and now I would have into the election bitcoin is on the way out for the first time in a really long time as of right now but claims are $770 about your big coins two months ago even the day after the election you would've seen a nice bump in your value very similar jump so what's interesting to see that all currencies right now being affected in the same way the dollar is getting stronger and it's affecting the value of everything so the value bitcoin has really gone up which is very nice if you recently bought McCoy now I know this episode is called how to become a pickling billionaire and understanding how Bickley works is so critical to the people who first make tons and tons of money with big when there's only a few people that made a ton of money that they click your people to got in very early when piquant was a dollar or two dollars and they bought $1 million with the big points that turn the million dollars and $770 million doesn't those of the people to make huge amounts of money other than that there was the guy who ran silk Road which was a dark web website that let you buy and sell drugs and assassins he got caught try to hire three different hitmen so when he was arrested all of his big coins his bit coin currency was confiscated by the unites its governance another United States owns a couple hundred million dollars in bitcoin's it's one of the reasons that even though the arts it said I will never admit this is a real currency the kind of stuck in the situation because they also possess a bunch of it so that you have to say hey I will hundred million dollars want to throw a reaction was more than that wish to have a list of billion dollars were thrown away we want this million dollars anymore or they have to try and sell the currency or something since an interesting situation most people think about going to super anonymous which is a total life in order to anonymize your funds you have to go through multiple steps for example the platform that I use and I'll post the link below when I buy bitcoin's to sign up for the account had to send in a copy my passport I had to whatever you buy stuff use a credit card okay so when you're buying the currency there's no privacy.how could it possibly be privacy if you're buying the currency with dollars and with your identity now you can't then take that money and anonymize if you move it into a separate bitcoin wallet whenever monies moved around by the equity can't be traced there's no traceability so if I give you five dollars and bitcoin no one can ever tell that was me to give you five dollars or that you received my five dollars there's no way to see the connection between the two of us so if you have multiple big when it counts and you move from one account to the second and third that's when you start to get a little bit anonymous we have to move into account that you've never used for the same computer so if you use the same laptop for managing all three counts guess what your IP is on all three are not anonymous anymore the way they cut the silk Road guy okay this is someone who had made hundreds of millions of dollars having the eBay for drugs a hidden website 15 years ago he posted a question on the form using the same email address and had IP from coffee shop 15 years later that one little post as I got caught asking a simple question about setting up something in the back end of the website that's all it takes is one little glitch so to be complete untraceable is nearly impossible you have to use air gap computers yet use multiple computers in multiple locations of to hide your IP you have to do all of these really colicky technical steps and if you ever log in the Internet without doing one of the steps your security is broken so the obsession with security of that coin is not something that I really caught up and I'm not a big believer that because I think there are a lot of ways to trace you with your bitcoin and if the government really really want to find you they will so I understand the idea of having a bit of protection I also understand any of having currents it's not tied to a nation no one knows who invented bitcoin got Mr.