Ep. 153 — No. 23 JakeIn this episode of Sat Chats, the hosts discuss the journey of Bitcoin investment, focusing on the importance of understanding satoshis, the risks associated with collateralized loans and the lessons learned from personal experiences in the Bitcoin market. They explore the volatility of Bitcoin, the impact of market trends and the significance of choosing the right loan provider while sharing personal anecdotes and insights. In this conversation, Jake reflects on his experiences with Bitcoin loans, the complexities of smart contracts, and the lessons learned from his past mistakes. He discusses the importance of choosing the right platforms for Bitcoin transactions and the frustrations of dealing with centralized systems. The conversation also touches on the independence of Bitcoin, the integration of Bitcoin into daily life and the balance between technology and nature. Jake shares his positive experiences since moving to a more self-reliant lifestyle and emphasizes the importance of learning from losses while looking forward to future projects.⬇️⬇️⬇️— Sat Chats is the Bitcoin podcast for the curious, cautious, and not-quite-coiners— Every episode ends with the guest choosing $50 in cash… or $50 in Bitcoin— Subscribe and turn on notifications to join our journey to 10,000 subs and our 2 million sats giveaway— Drop your questions or Bitcoin myths in the comments — we read every one— This show is for educational purposes only and not financial adviceSupport Sat Chats:— Lightning zaps: satchats@getalby.com— Book your session in the studio: https://satchats.com/— Sponsorship inquiries: show@satchats.com