Most people think they can't afford Bitcoin because they see a $90k price tag. In this video, I’m showing you the "Crazy Math" of how a simple $5/day habit could have turned into $40,000. It is all about stewardship and a strategy called Stacking Sats.
We are looking at Base8, a Bitcoin-first platform designed to make Bitcoin a viable digital currency for regular people. By using the Satoshi (SAT) denomination, Base8 allows everyone to afford a whole unit of currency rather than just a confusing decimal.
(Download, Fund, and you are automatically entered! Giveaway runs through Jan 15th )
Why I’m using Base8:
Zero Commissions: They do not charge commissions on Bitcoin buys, making it 50% to 80% cheaper than Coinbase.
Auto-Stacking (DCA): You can set up automatic daily, weekly, or monthly schedules to build your portfolio.
Institutional Security: Your assets are held in sFOX institutional-grade custody accounts.
Lightning Fast: Supports the Lightning Network for instant payments with fees in the pennies.
Stay Smart: Includes a searchable news feed and educational content from The Block directly in the app.
The Giveaway Prize Tiers:
1st Place: 1,000,000 SATs (1 winner)
2nd Place: 300,000 SATs (3 winners)
3rd Place: 100,000 SATs (6 winners)
Guaranteed Reward: Get 1,000 points for opening an account and 5,000 points for funding it. These points are redeemable for SATs 1:1.
In this video, we cover: The Math: Why $5/day is more powerful than you think.
The "SAT" Mindset: Why owning a "whole unit" changes how you invest.
Base8 Walkthrough: How to set up your first Auto-Stack.
Security: Why sFOX custody matters for your peace of mind.
00:00 Coffee vs Bitcoin: the “I missed the boat” mindset 00:45 The coffee math: $5/day adds up fast 01:13 What $5/day in Bitcoin could look like over 5 years (DCA) 01:40 Stacking sats: what a Satoshi is (and why it matters) 02:42 Why I focus on Bitcoin (and skip the noisy stuff) 03:12 Base8 (B8) overview: buy, pay, earn, swap 03:28 Auto-stacking + earning yield + Visa debit card coming 04:15 2.5M sats giveaway: how to join + final challenge/CTA
🙏 Faith + Money: "In all toil there is profit, but mere talk tends only to poverty." — Proverbs 14:23 (ESV)
Crypto Jimbo here today.
I hope that you had a good Christmas.
Something we do without thinking.
I just spent $6 on a cappuccino
and it was gone in about 15 minutes.
And most of us do this almost every day
or at least a few times a week.
Let me know in the comments,
how many cups of coffee do you buy per week?
But then when we talk about Bitcoin,
people tell me I missed the boat,
I can't afford a Bitcoin, it's too expensive.
And it's this mindset that keeps us
from future financial stability.
I wanna show you today what happens
if you stop buying the coffee,
or maybe not stop, but buy a little bit less coffee,
start buying a little bit of Bitcoin,
how quickly that can accumulate.
And then I wanna show you an app called Base8
that focuses on this very thing.
And they're actually giving away 2.5 million SATs.
And I'm gonna explain what a SAT is here in a minute.
It's related to Bitcoin.
And they're doing this just to help you get started.
So look at the numbers.
You buy a latte, it costs about $5.
Okay, that's actually cheap for a latte, I think.
If you buy one, we'll say every day,
we'll say you have a little bit of a coffee addiction,
caffeine addiction, that's $35 per week.
That's about $150 per month.
That's over $1,800 per year on coffee, a consumable.
It's gone as soon as you finish it.
But now if you had done that exact same thing,
the $5 a day into Bitcoin for the last five years,
you would have invested about $9,000,
but you'd have $40,000 right now.
This is the whole strategy behind dollar cost averaging
is you just put a little bit in over a long period of time.
Five years is not even that long.
But over time, that turns into a big amount of money.
And this strategy isn't for millionaires.
This is a strategy for people who can give up
a cup of coffee.
And we call this strategy stacking SATs.
So what is a SAT?
Well, I thought this video was about Bitcoin.
Everybody knows what Bitcoin is.
Not a lot of people know what SATs are.
A SAT is just short for Satoshi.
Satoshi is kind of the anonymous creator of Bitcoin,
but it's the smallest unit of Bitcoin.
So there's 100 million SATs in a Bitcoin.
So again, you think a Bitcoin, oh, that's $90,000.
That's too big.
I can never get a Bitcoin.
You don't have to get a Bitcoin.
You can get a Satoshi, a SAT.
But the point of this,
it's like instead of a million dollar bill,
you can get a $1 bill.
And the point of this is to make it feel
something you could use for currency for regular people.
I don't think any of us,
let me know in the comments if you're in a position
where $90,000 can be a currency for you.
Bitcoin could be a currency.
But a Satoshi right now is actually
even a lot less than a penny.
So that's something that we can wrap our minds around
as a currency.
You might not be able to get one Bitcoin,
but you can get a lot of Satoshis, SATs,
and you can sound educated about Bitcoin.
So, and I've been looking at a simple way
for my audience to do this,
and I think I've found it with Base8.
But it's a Bitcoin-first financial platform.
And it just makes this whole idea easy.
Crypto a lot of times scares people
because there's all these altcoins,
there's these meme coins,
there's all these scams going on.
But Bitcoin is crypto.
And it's the stable part of crypto.
And it's the part I would recommend.
I mean, it's not, I don't do financial advice.
But it's the part of crypto that I'd say
everyone should have some kind of grasp on it.
So with Base8, you can use SATs to invest,
pay, earn, swap, everything you wanna do with crypto.
And I really like them.
They don't take commissions on Bitcoin buys,
which makes it about 50% cheaper than Coinbase.
And I really like they have an auto-stacking feature
where you can set up an automatic schedule.
You could say, daily, I wanna buy $5 worth of SATs,
$5 worth of Bitcoin every day.
And it just, you hook it up to your bank,
it just does it automatically.
You don't have to think about it.
You probably won't even notice that it's there.
But again, over time,
especially if Bitcoin does in the future what it could do,
I'm not here to make predictions.
But as fiat currency, that's dollars, euros,
pounds, et cetera, as those become less stable,
digital currency becomes more attractive.
So you can set it up to auto-buy these SATs daily,
you could do weekly, you could do monthly.
You earn yield on that as it's in there.
So it's kind of like a savings account.
It's earning more Bitcoin while it's sitting in there.
And they're launching a Visa debit card soon
so that you can pay with your Bitcoin.
And right now, they're doing a huge giveaway,
giving away 2.5 million SATs of Bitcoin.
And all you have to do is just download the app,
create an account.
It's an app that sits on your phone.
You know, that's what we're used to using.
You don't have to have these complicated crypto tools
that I talk so much about.
Then you get another 5,000 points when you fund your account
and these base eight points you can swap for SATs later.
You know, even if you don't win the grand prize,
you win some Bitcoin just for creating an account
and then some extra just for putting some money
into your account.
Get it going.
The hardest part is just getting started.
A lot of people just, it takes them a lot
to just take that plunge.
I say a lot, you know, with side hustles,
there's a bigger gap between zero and $1
that you've made from a side hustle
than there is from $1 to $1,000.
And that's true with investing as well.
That's true with Bitcoin.
The hardest part is just going from I have zero Bitcoin
to, oh, I have one Satoshi.
I have one part of a Bitcoin.
But crypto's gonna be a part of your future
whether or not you like it.
So you might as well get started now.
What's the saying?
It's not in the Bible,
but don't put off until tomorrow what you can do today.
So I'll leave links down below.
Go download the app.
Everybody who's watching this, please download the app.
Comment down below and say, I downloaded the app.
Then you can create an account.
You can start getting SATs.
You can start having a piece of Bitcoin.
Then when the new price of Bitcoin comes on the news,
you can stop feeling like,
oh, I wish I had got in on Bitcoin.
You can be in on Bitcoin.
So I'll leave all the links down below.
Go download the app.
Appreciate you guys very much.
God bless you guys and have a great rest of your day.