Why am I giving away thousands of dollars of free bitcoin?
Published July 10, 2025
by Joel Bomgar
YouTube Video Transcript
00:01 Hey everyone. You might be wondering why
00:03 is Joel Bombgar giving away thousands
00:05 upon thousands upon thousands of dollars
00:08 of free Bitcoin to basically anybody on
00:10 Facebook who's willing to accept it?
00:12 Well, the answer is because I care so
00:15 much about truth and justice. Now, how
00:18 is there a connection between truth and
00:20 justice and giving away a ton of Bitcoin
00:22 for free? Well, I just posted a video
00:25 about why Christians should care about
00:27 Bitcoin, why God cares about truth and
00:29 justice, and why Bitcoin is a more just,
00:32 equitable, fair uh uh financial system,
00:36 monetary system. And so, I care deeply
00:38 about that. I care deeply about the
00:39 truth and justice behind the world that
00:42 God gave us to live in and ushering in a
00:45 new financial system that does not have
00:47 all the corruption of the old financial
00:49 system that is based on fiat currency,
00:52 meaning government madeup currency.
00:54 Well, in order to usher in a new
00:57 financial system, people have to care.
00:59 They have to wake up. They have to
01:01 understand what is possible with a new
01:04 financial system. And the easiest way to
01:06 do that is to give people some Bitcoin.
01:09 In the very early days, for the first
01:11 year or two of Bitcoin's existence,
01:13 there was something called the Bitcoin
01:14 faucet where anybody could go to a
01:17 website and do a capture, like the
01:19 little thing that makes sure you're not
01:20 a scammer or that you're not a bot. You
01:23 fill out a capta and you would get five
01:26 free Bitcoin. This ran for a long time,
01:28 for many, many, many months in the very
01:30 early days of Bitcoin. anybody. You hit
01:32 the website, you fill out the little
01:34 capture thing, and boom, it would send
01:36 five five five Bitcoin. $500,000 right
01:41 now of Bitcoin to anyone anywhere in the
01:44 world for free. Now, I can't afford to
01:47 give everybody five Bitcoin. I would not
01:49 have any more Bitcoin. Um, but what I
01:51 can do is I can give people $30 or $50
01:54 or $100 of Bitcoin, which back then it
01:56 was the same thing. The reason you could
01:58 get five Bitcoin is because five Bitcoin
01:60 was worth like five cents or 50 cents or
02:02 it was worth a such a small amount of
02:04 money that you know the people who were
02:06 funding the Bitcoin faucet were willing
02:09 to fund it just to get Bitcoin out there
02:11 to get people to care. So all I'm doing
02:13 is exactly what the Bitcoin faucet did
02:15 in the early days except I'm giving away
02:17 you know tiny fractions of a Bitcoin one
02:20 1000th of a Bitcoin $100 versus
02:23 $100,000.
02:25 Um, but it's the same concept is the
02:27 world is full of an unjust financial
02:30 system where a small number of fat cats
02:33 print money out of thin air and they
02:35 dilute the hardearned money of the rest
02:37 of us and they get away with it. And the
02:40 only solution to that is Bitcoin. And
02:42 the way people care about Bitcoin is
02:43 owning some. As soon as people own
02:45 Bitcoin, they start to think, "Now I own
02:48 some Bitcoin. Maybe I should figure out
02:50 what it is. Maybe I'm not actually late
02:53 to Bitcoin. Maybe I should figure out
02:55 why Bitcoin is better than all of the
02:57 other crypto currencies out there that
02:59 are not Bitcoin. And uh it's not unlike,
03:02 for example, uh I give free rides in my
03:06 2026 Tesla Model Y to anyone who wants
03:08 to experience a self-driving car because
03:11 when you see when you sit in a car and
03:14 it just drives you around completely
03:16 autonomously, it's sort of an eye-
03:18 openening experience. It's like, wow,
03:20 cars can actually drive you with no
03:22 human interaction. Like that's pretty
03:24 wild and it's hard to believe that
03:26 exists and it's hard to believe how
03:27 transformational it is until you
03:30 experience it yourself. So anybody who
03:32 wants a free ride in a Tesla, as long as
03:33 I know you, as long as we've met in real
03:35 life, we have a personal connection,
03:37 personal relationship. I do not offer
03:39 free rides to random people on the
03:41 internet. Um, but if you and I know each
03:43 other in any sort of connection, happy
03:45 to give you a free ride in a Tesla and
03:47 show you what full self-driving is like.
03:49 It's similar to the early days. Again,
03:51 back to why I give away free Bitcoin.
03:53 It's similar to the early days of the
03:54 internet when people were like, "Why do
03:57 I need email?" It's like, "Because you
03:59 can send an email to anyone in the
04:00 world." And they're like, "Yeah, but
04:02 I'll just use the postal service. Maybe
04:04 if I ignore email long enough, maybe it
04:06 will just go away. Maybe it's this new
04:08 technology that I don't have to engage,
04:10 that I don't have to embrace, that I can
04:13 keep my brain turned off and just hope
04:15 that we all go back to just sending
04:16 faximiles, the old fax machine or the
04:20 old letters. And the truth is, no, email
04:22 is going to be the future. And it is,
04:24 and it was. And the easiest way you can
04:27 do that is just letting someone send an
04:28 email and say, "Look, I know I know this
04:30 whole email concept uh sounds scary and
04:32 it sounds new and you kind of don't
04:34 understand how it could how a message
04:36 could just like cross the internet, but
04:38 here, sign up for an email account back
04:40 then in the days of Yahoo and Hotmail
04:42 and AOL. Sign up and just send one." And
04:45 then they send one and they're like,
04:47 "That's a big deal. I just sent a
04:49 message to someone on the other side of
04:50 the world and it was delivered
04:52 instantly. That's a big But what it's
04:54 hard to understand how big a deal email
04:56 is if you've never sent an email. It's
04:59 hard to understand how big a deal
05:00 Bitcoin is if you don't own any Bitcoin.
05:03 It's hard to understand how
05:04 transformational self-driving cars are
05:06 if you've never been in a car that
05:08 self-drive and self-parked and did all
05:11 of that for you with no human
05:13 interaction whatsoever. Uh it's the same
05:15 with AI. Everybody I run into, I
05:18 inevitably encourage them if they've
05:19 never used chat GPT or Grock, which is
05:22 the new um AI engine from Elon Musk, if
05:25 they've never used AI, I I always
05:28 encourage them to. I'm like, look, just
05:29 think of something crazy and plug it
05:32 into AI. Chat GPT, you know, download
05:34 the little app on your phone, uh or
05:36 download the Gro app, which just they
05:38 just came out with Grock version 4.0
05:40 yesterday. Just download it on your
05:42 phone and ask it something crazy. And
05:44 when you get an answer, it's like, "Wow,
05:46 that's wild." Or you ask it to make up a
05:48 picture, you know, you you upload a
05:50 picture of yourself and say, "Hey, make
05:52 a picture of me flying in a squirrel
05:54 suit over the Andes mountains or
05:57 something like that." And then it makes
05:58 a picture out of scratch that looks
06:00 real. And it's like, "Wow, that's super
06:02 powerful. That's incredible." So, the
06:04 reason I give away huge amounts of
06:05 Bitcoin for free is because we need to
06:09 usher in this new financial system that
06:11 is more fair, that is more just, that is
06:13 consistent with the principles of
06:14 justice and truth that I care so much
06:17 about, that I believe God cares so much
06:18 about. And it's just hard to get anybody
06:20 to care if they don't own any Bitcoin.
06:22 So, what's the easiest way for people to
06:24 care? Give them some free Bitcoin. Once
06:27 people have Bitcoin, they start paying
06:28 attention. They start asking, "Why does
06:30 the price go up and down?" And they
06:32 start understanding how supply and
06:34 demand interact. And they start
06:35 understanding why Bitcoin is different
06:37 than any other cryptocurrency. And they
06:39 understand they start wondering who is
06:41 Satoshi Nakamoto um the inventor of
06:44 Bitcoin? The mysterious not mysterious
06:46 but anonymous character. We don't know
06:48 who that is. So um the easiest way to
06:50 get someone to care about something new
06:52 that is completely transformative that
06:54 will change their life is for them to
06:56 have some or to use some. And it doesn't
06:59 matter if you're trying to get somebody
07:01 to understand email for the first time,
07:02 self-driving cars for the first time, AI
07:05 for the first time, or back in the horse
07:08 and buggy, everybody who was riding
07:10 around in a horse and buggy. When
07:12 someone showed them an automobile for
07:13 the first time, the easiest thing to do
07:15 was to say, "I'll pass. I don't want to
07:17 take a ride. This thing is scary.
07:18 There's not even a horse in front of
07:20 it." And that's what most people did.
07:21 Most people were like, "This whole
07:23 automobile thing, it it's got an engine.
07:25 It makes a noise. I don't understand how
07:27 the engine works. I don't understand how
07:29 the car is moving without a horse
07:31 pulling it. I'll just pass. I'll sit on
07:34 the sidelines. Maybe this whole
07:36 automobile thing will go away. Well, the
07:38 best thing you could do if you owned an
07:40 automobile in the early days is give
07:41 people rides in it. Show them how
07:43 incredible it is that you can turn the
07:45 key and then it just goes and you don't
07:48 have to get the horses ready and you
07:50 don't have to feed the horses and you
07:52 don't have to water the horses and you
07:53 don't have to rub down the horses after
07:56 and the you know the automobile doesn't
07:57 get tired. You just put more gas in it
07:59 and it keeps going. People don't
08:01 understand that unless they experience
08:02 it. So the reason I give away thousands
08:05 upon thousands upon thousands of dollars
08:07 of free Bitcoin is because I want people
08:09 to care. I want them to understand the
08:11 transformational nature of Bitcoin and
08:13 the easiest way to onboard people to
08:15 Bitcoin is to give them some free
08:17 Bitcoin. I believe Bitcoin will change
08:19 the world. I believe it will usher in a
08:21 new age of truth and justice at least in
08:24 our monetary system. And if we have
08:26 truth and justice in our monetary
08:28 system, it brings truth and justice to
08:30 so many other aspects of the world we
08:32 live in. And that's the future I want
08:34 for myself, for my kids, for my family,
08:36 for my wife, for you. And that's the
08:38 future I want for all of us. And because
08:40 we're so early in the adoption cycle of
08:42 Bitcoin, the early adopters benefit from
08:45 the price increase of Bitcoin, which
08:46 means you get a two for one. You get
08:48 sound money and price appreciation for
08:51 the first multiple decades of Bitcoin's
08:53 adoption cycle. And we are still very
08:55 early in that adoption cycle. So that's
08:57 why I give a away free Bitcoin. I want a
09:00 better world. The fastest way to a
09:02 better world is for people to adopt
09:04 technologies that make the world a
09:05 better place. And the fastest way for
09:07 people to care about those new
09:09 technologies, to understand those techn
09:11 new technologies, is to use some or have
09:14 some. And so that's why I give away a
09:17 ton of free Bitcoin. Have a great day,
09:19 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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