The SatsMate Stack
The SatsMate Stack is a show about personal finance for the rugged world. This is where Bitcoin gives you full control over the keys to your money. We’re stuck in a debt-and-credit trap that crowns debtors and screws savers, pushing folks to gamble on stocks just to survive.
Enter the Orange Light: Bitcoin. I’ve been in this game for years, made the mistakes, and learned the hard way—SatsMate cuts through the biased noise with a clear-eyed take.
This focuses on financial education with a Bitcoin edge, built for anyone ready to break free. From my boots-on-the-ground lessons (El Salvador’s BTC streets, connections made at different conferences, and my decade + experience in the business world), I bridge the old money mess to a future where you call the shots & are in control. Made by a Bitcoiner for the curious, SatsMate is your playbook for financial sovereignty—debt-free, no bullshit.
The SatsMate Stack
Blank Checks and Bitcoin Bets - The SPAC Experience
Hi Satsmate Stackers,
Over the past 5 years, we have seen countless SPACs rise, as it is an alternative way to raise capital. These are one of the many ways to bring a company public, and it is important to be aware of the risks before shelling out your hard earned cash on these investments. In todays podcast, I will go over the following:
- SPACs are blank-check companies that facilitate private companies going public if the deal aligns.
- Institutional capital often backs SPACs, with sponsors typically holding large stakes they sell post-launch.
- I’ve participated in SPACs like SPCE, DKNG, CCIV, Nikola, and Folds.
- Most SPACs I’ve seen end 70–80% down, causing significant capital erosion, though they offer an easier path to going public.
- After these experiences, I’ll avoid investing in SPACs for the next decade.
- SPACs involve complex financial engineering and risks not present in traditional investments.
- Key questions include: How many insiders hold shares, and how much? How much dilution occurs post-IPO? What’s the company’s valuation after going public?
- Other critical factors: What are the asset’s end-to-end fundamentals? What’s the multiple to NAV (Net Asset Value)?
- These questions are vital before investing in a SPAC, but hype often overshadows due diligence, leaving many investors burned.
- 21 Capital could benefit Bitcoin by optimizing Bitcoin per share and developing Bitcoin financial products and lending models.
- Led by Jack Mallers and backed by SoftBank and Cantor Equity Partners, 21 Capital seems promising but isn’t ideal for retail investors who can buy spot Bitcoin at fair value for cold storage.
I always appreciate all the support you guys give me on this podcast, Please feel free to share it around or click one of the links below for your support!
Best Regards,
SatsMate Stack
Fold Credit Card: https://foldapp.com/credit-card?r=qMB4P
Referral to Stacker News: Circular economy with bitcoin discussions involved! https://stacker.news/r/SatsMate
Primary Bitcoin Buys Through Strike: The primary place I go to buy Bitcoin. https://invite.strike.me/2MSTYG
Secondary Bitcoin Buys Through Fold: A nice exchange w/ rewards & bitcoin buys.
https://use.foldapp.com/r/HTFKVY9L
Browser Extension Slice: Earn Satoshis for ads and surveys you browse.
https://addslice.com/?crew=f5n2V5EI
Lolli Rewards: Earn sats by using a linked card at participating vendors https://lolli.com/share/PQFAMM
https://zbd.gg/GalmaDuFria This is my personal QR code. It allows anyone to send me Bitcoin and messages directly to my ZEBEDEE. lnurl1dp68gurn8ghj7ctsdyh85etzv4jx2efwd9hj7a3s9aex2ut4v4ehgttnw3shg6tr943ksctjvajhxtmpxuurjcmxxvuz6wf58q6z6drpv5uj6c3jvy6z6epexe3ryd3kxe3kvcnr7y2uzj
Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing. With investing, you risk losing money, always read an invest
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