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Why Can’t My Uncle STOP Working? | Ep. 85 — #85 Mike
Description
In this episode of Sat Chats, we welcome #85 Uncle Mike, a Texas metal shop teacher and soon-to-be retiree who’s never touched Bitcoin in his life — until now. Mike’s spent decades working with high schoolers and sharp objects, only to realize that retirement might mean working part-time until he physically can’t anymore.
Stewart, guest co-host/Stewart’s Dad Monty, and Mike dig into how a Coke once cost a dime, how burgers, homes, and everything else have become wildly unaffordable, and what inflation really means. With humor and heart, they break down the problem of storing decades of hard-earned energy in a currency the government prints for free… and why Bitcoin might be the fix.
We explore: ✅ Why a retiree should even care about Bitcoin ✅ Whether gold still makes sense today ✅ The true cost of inflation ✅ How a house can double in dollars but lose 99% of its Bitcoin value ✅ What Bitcoin is (a transparent, unstoppable machine) ✅ How to get started stacking sats safely
Chapters
00:00 Episode Preview
00:36 Introduction to Sat Chats and Sats Giveaway
02:39 Meet Uncle Mike and Understanding Bitcoin Adoption
04:52 Retirement Concerns and Financial Security
14:54 Inflation and Its Impact on the Economy
18:59 The Inflation Dilemma
19:17 Understanding Gold as a Store of Value
20:27 The Rise of Bitcoin
25:41 Real Estate vs. Bitcoin: A Comparative Analysis
29:45 The Future of Money: Bitcoin's Potential
31:50 Investing in Bitcoin for Financial Safety
33:11 Understanding Bitcoin as a Machine
35:48 Recapping the Conversation and Future Outlook
Uncle Mike tries Ithaca Hummus for the first time, shares a powerful lesson about working with your hands, but will he choose cash over sats?
If you’ve ever worried about retirement, inflation, or what happens to your dollars over time, this one’s for you.
Support Sat Chats directly by:
— Zapping Lightning to satchats@getalby.com
— Grabbing your slot in the studio today at https://satchats.com/
— Sending Bitcoin to bc1q5yrwe6qxujzumg5j28g0rvckx9n859sa08fupc