Leaving The Legacy Financial System For Bitcoin With BTC Bap: Meet The Taco Plebs

3 years ago
12

For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by BTC Bap (@BTCBap) for another quality conversation with a pleb.

In this podcast episode, Bap shared his rabbit hole story and his journey coming to Bitcoin after hearing about it a couple of times. He, in particular, has an interesting background in traditional finance but after working there as a Bitcoiner for a while, he just couldn’t do it anymore. He needed to break free from the constraints of his old job and pursue his interest in Bitcoin, and he has done just that.

Bap explained that, while growing up, he had always been a pretty frugal dude, saving whatever he could. He even shared an interesting story about receiving bars of silver as a graduation gift for college! Later on, we discussed the unique saving strategies of Bitcoiners who put most of their incomes straight into BTC. I talked about how you can allocate 50 percent to 60 percent of your paycheck and Bitcoiners will say “What is that? An allocation for ants?” It’s funny to think that anyone outside of the Bitcoin space would think you’re crazy for saving that much but Bitcoiners know there is only 21 million bitcoin and everyone in the world is competing against each other for them. We have to stack as much as we can.

Bap explained that a beautiful thing about Bitcoin is that there are rules without rulers. The network is run on consensus, leaving no room or anyone to control it. I touched on the importance of how strong the network is against bad actors who have tried to control the space in the past couple of years. Many have tried to control it, all have failed. There are many great leaders in the Bitcoin space but as Bitcoiners have shown, if they try anything malicious, then Bitcoiners would wage war on them (and have before).

If there are any Taco Plebs you’d like to see on this show, make sure to drop their names and Twitter handles in the comments section below or tweet your feedback to @nikcantmine!

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