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Shopping? EVERYTHING IS ON SALE — As Measured in Bitcoin

Published June 24, 2025
Joel Bomgar
by Joel Bomgar
YouTube Video Transcript
everyone I am wrapping up some shopping and it is feels great to buy stuff with Bitcoin that is massively appreciated so I just bought a Dairy Queen ice cream cake and as I activated Apple Pay on my watch to pay with my Coinbase debit card I noticed that the little Bitcoin tracker on my watch said 102 that means Bitcoin is above $102,000 while I'm buying a Dairy Queen ice cream cake and same at Kroger when I shop for a few things at Kroger a few minutes before that and everything I buy is radically on sale because everything I buy I am buying with Bitcoin that I bought when it was significantly cheaper than it is now so in total in net I'm living for free as I talked about before uh but even if you take into account the price that I uh paid for whatever it is I'm buying I mean it's everything's like radically discounted from you know 33% 66% 80% you know 90% depending on I guess some of the Bitcoin I bought is probably means the stuff I'm buying is 93% uh discounted because I think the uh the cheapest Bitcoin I ever bought was $6,400 and obviously that is you know 94% discount from the current prices so if you are living on a Bitcoin standard everything is on sale most of the time and the more patient you are the more on sale it is so So the more patient I am from when I buy the Bitcoin to when I spend the Bitcoin the more on sale everything is because the more appreciation that Bitcoin so if I buy Bitcoin and I'm impatient and I spend it when it's only appreciated 10% well I'm buying everything at a 10% discount if I wait till it's 50% uh you know till it's doubled in value I'm buying everything at a 50% discount if I wait till it's you know tripled or quadrupled in value I'm buying everything at a you know 67 or you know whatever it is 75% discount um so your life can be lived at whatever discount you have the patience to live it at if you can get the additional or so the upfront US dollars uh to invest in Bitcoin in the first place so that you can give it time to appreciate before you spend it but um anyway I figured I'd record a quick video because I glanced down at my watch as I was activating Apple Pay on my watch with my Coinbase debit card i glanced at my watch as I was doing that noticed the price of Bitcoin was above 102,000 and I thought "Wow this you know $30 birthday cake from uh Dairy Queen is way way way way cheaper than that as compared to the price I actually bought the Bitcoin for." That's going to pay for that Dairy Queen ice cream cake um but it's also not a bad time to buy more Bitcoin in addition to using the Coinbase debit card for everything I buy I'm never not buying Bitcoin so for example my paycheck hit uh this afternoon and I bought immediately turned around and bought Bitcoin on Coinbase for an average price of $11,700 so if you're thinking "Wow Bitcoin's expensive." Well I just bought a paycheck's worth of Bitcoin today for $11,700 a coin and that's what you do you spend the old Bitcoin you acquire new Bitcoin and at some point in the future people will say "Oh you're kidding you're spending Bitcoin that you bought at 101,000 lucky you you must have gotten really lucky." It's not really lucky i'm just I'm spending Bitcoin right now that I bought for way less and at some point in the future I will spend the Bitcoin I'm buying today when it's way more and in the future at some point people will say "That's crazy how did you buy Bitcoin at 101,000 a coin?" And the answer is because I was buying it when everyone was asleep at the switch i was buying it when 95% of the world had not woken up to the power of Bitcoin its scarcity of supply and its monetary properties and I was buying when other people weren't buying so right now the vast majority of the world is not paying attention nobody you know a tiny tiny tiny fraction of the world understands how big a deal Bitcoin is just like the internet in the mid 1990s almost nobody saw the way the transformative impact that the internet was going to have on everything we do back in the 1990s and if you did if you were somebody like Jeff Bezos starting Amazon back in the 1990s because you did see how big of a deal the internet was going to be well good for you he's one of the richest people in the world and uh Bitcoin is an opportunity for everybody right now to say look how you know if you see if you understand how big a deal Bitcoin is right now at a 101,000 or 102,000 a coin then at some point in the future people are going to be telling you I can't believe you got Bitcoin for 100,000 a coin like that's crazy because it's going to be up at 500,000 a coin 600,000 800 a million dollars a coin and if you buy Bitcoin right now and you hold on to it for somewhere between five and 10 and it's trading at a million dollars a coin then you can spend that Bitcoin and everything in your life will be 90% off because everything in your life you'll be spending that Bitcoin when it's worth 10 times what you paid for it which means the sticker price of everything in the world your actual cost to buy anything in the world is 90% less than what the uh the sticker says so the Dairy Queen ice cream cake I just bought for 30 bucks i don't know that Bitcoin that Bitcoin cost me somewhere between you know $2 and I don't know the more expensive Bitcoin I bought you know 12- $15 i don't know but it was somewhere between vastly on sale and fire sale and extreme fire sale prices and if you can put enough Bitcoin in on the front end and you are patient enough and you can you can live with the uh stomach churning ups and downs that accompany any investment that is high volatility then at some point in the future you can spend that bitcoin when it buys way way way more way more than the US dollars that it cost for you to buy it so if you want to live at a massive discount in your future life and your future self just convert as much of your US dollars to Bitcoin as you can now and be as patient as you can possibly be and at some point in the future you'll have the opportunity to live life at a radical radical discount and honestly as I drive down the road here I'm like so does everybody else afford life i know how I'm affording life i'm affording life because I converted you know everything or 97% of everything into Bitcoin that's I'm affording life and it's working great but how is everybody else affording life that didn't do that because if you didn't do that then over the last four years since January 1st of 2020 you know prices have gone up 30 40 50% and most people's paycheck have only gone up 5 10 15% and if they were living close to paycheck to paycheck four years ago how is everybody not deep deep deep underwater like how are people making the current system work and I think the answer sadly is they're not that's why there's you know record high credit card uh debt and default rates record high auto loans and lotto loan default rates record high number of people that are behind on their mortgages record high borrowing against 401ks to make ends meet how all of those things are happening right now because everybody is not able to figure out how to make it work and so the the answer in my world is there is one way to make it work that I think works better than any other way to make it work and that is convert US dollars that you uh every US dollar you can afford to spare and it is an investment so you know the standard disclaimer is don't don't invest money you can't afford to lose um even though I think you know Bitcoin is a near certain investment obviously not everybody agrees with me uh and this is not financial advice but that is how I make it work i make it work by buying Bitcoin and being patient and spending that Bitcoin in the future when it's worth way more that's how I beat inflation that's how I make sure I can afford everything my family needs and if I didn't have Bitcoin I'm honestly not sure how I would do it because my paycheck has not kept up with my expenses i'll tell you that upfront my paycheck has not kept up with my expenses but my Bitcoin has far outrun my expenses and so it works um but if I didn't have Bitcoin I'm not sure what I would do because that would honestly be a really tough one so uh anyway Bitcoin is the answer to inflation and to living life at a discount have a great night everyone

Disclaimer:

The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.

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