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For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Apex ₿ (@malandrox7), a no bullshit and passionate Bitcoin pleb.
I’ve been meming, shitposting and talking Bitcoin with Apex on Twitter for well over a year now, and was really happy that he decided to come on the show. We’ve talked on Clubhouse before this podcast and he’s a cool dude. What also caught my eye was his interest and tweets about day game — I don’t know of anyone else on Bitcoin Twitter who tweets about it.
We started off this interview with Apex sharing his rabbit hole story and how he found Bitcoin. Apex found Bitcoin in 2016 at around the very start of that big run-up in price to about $20,000. A lot has changed since that last bull run with infrastructure being built, new types of buyers in the market and more. We riffed on why we think this bull market is different and what could happen in the coming year.
Apex explained how he saw the hyperinflation happening in front of his eyes while he lived in Venezuela, and realized the importance of Bitcoin quickly. He talks about seeing the prices of cigarettes rise and noticed something was wrong. Today, in the United States, we are starting to see prices of goods and services rise because of all of the money printing we’ve done this past year. All fiat currencies eventually face the same fate of hyperinflation and wealth evaporation, and seeing these warning signs all around us should be the green light to buy some bitcoin.
Later on, Apex explained how Bitcoin helps you stop over consuming, and he used himself as a good example. He shared that he loves sunglasses and in the past has needlessly dropped some money buying more pairs, but Bitcoin has changed his time preference and incentives, and now he uses that money to buy more bitcoin! I mentioned the FUD of “since Bitcoin is deflationary, people will stop buying things and the economy will fail,”…