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Satoshi's Plebs

242 - Bitcoin is for the Unbanked: When Banks Fail, Bitcoin Works

By McIntosh

Aired Jan 29, 2026 · 1h 17m · Last boosted Feb 4, 2026

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Show Notes

In Episode 242 of Satoshi’s Plebs, McIntosh and Kenshin talk through how Bitcoin serves the unbanked—people with little or no access to traditional banking due to geography, documentation, KYC/AML barriers, profit-driven gatekeeping, political targeting, and capital controls. They frame Bitcoin’s core advantage as permissionless access: it doesn’t care who you are or where you live—only whether you control your keys. They keep it honest by covering the hurdles too: education, infrastructure, custody risks, and volatility. The episode closes with a dignity-focused point: giving someone in a remote village the ability to securely save and t...

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The referral code feature is still a work in progress but YATA supporters will get hooked up! Sign up and start selling stuff for sats the easy way. https://www.takemysats.com
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#TakeMySats supports importing/exporting products via NIP-99! Will be doing more testing now that y’all mention it. Sign up for the beta with referral code “LOCALBTC” to support the show. https://www.takemysats.com
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Speaking of having to #YATA — remember you can support the show by using referral code “YATA” when signing up for #TakeMySats. Create a store and start selling stuff for sats the easy way. https://www.takemysats.com
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Thank you Perma and Oshi for your continued support for #TakeMySats! Your listeners can now use referral code “YATA” when signing up and receive a free month of the Pleb Plan. It’s not automated at the moment, so please give me at least 21 hours to respond and get you set up. Support yourself (and Bitcoin) by selling stuff for sats, and support the YATA boys by letting me know they sent you. The building will continue until sats are the standard! https://www.takemysats.com
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Good to hear you got some sales at the #bullishMarket @npub1zqdpzty2m… ! Hope to see you and @npub1uzt238htj… at a future event like the good ole days. 🤙
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This episode was SoGood! Thanks for the flowers after reading my boost. It’s easy to be building in this space when I’m surrounded by bullish people like yourselves.
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Thanks for shouting out #TakeMySats gents! Quite a nice jingle, setting it as my ringtone now. 😎🤙
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The next #bullishMarket event is on Tuesday July 21! If you have something to sell and have been thinking about attending, reserve your booth before June 30 and take advantage of the early nostrich pricing — 1000 sats for new vendors and 500 for returning. The website has been updated so you’ll automatically be added to the Nostr calendar event. More integrations to come. Gotta keep cooking like the Local Bitcoiners! https://bullishmarket.onrender.com
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LFG @npub1tan2cwtf8… adding *The Bitcoin Nova* to my #21HPW 🧡🤙 https://fountain.fm/show/ACfqgNSBFCxAxuB5jXgu
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Great episode gents. Bullish on the ideas on bringing more products to our (Bitcoin/Nostr) market. I’m cooking up some things on that front. Stay tuned. 👀
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Jun 30, 2026
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That was a quick turnaround! I didn’t get a chance to boost Oshi’s episode yet. Boosting this one now in case y’all drop another one in less than a week. 😄 Thanks for continuing to support #TakeMySats and the #bullishMarket. NIP-99 support is also coming to a new client I’m building called #Circl 👀 (Yes, that’s spelled correctly. It’s still cool to leave off vowels right?)
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Adding to the #TakeMySats jar 🧡🤙
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The “LOCALBTC” referral code is a way for me to know which users who sign up for #TakeMySats are listeners. I’ll find a way to hook them up and send some value back to the show — #V4V baby! 🧡🤙 https://www.takemysats.com
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Thoroughly enjoyed this conversation. Keep up the great work @npub1d9dgsq34n… and @npub12ca2xp6m2… 👏
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Bullish conversation gents!
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It’s LIT! Good to see both of you at the 8/21 #bullishMarket. It’s back to the drawing board for keysend support on the jukebox since I learned that it’s not supported on a phoenixd backed Alby Hub. Will have to consider setting up an LDK node again.
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REMEMBER, IF YOU CAN DREAM IT, YOU CONDUIT! 😎
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Come visit the #bullishMarket on Sunday June 21 from 9-10 AM Central. A virtual farmers market event where we use bitcoin as money. There will be tunes, auctions, door prizes, a bitcoin faucet, and, most importantly, amazing products from Nostr merchants. If you decide to buy something, post about it on Nostr and tag #bullishMarket for a 1000 sat zap! ⚡️
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The June #bullishMarket is coming up on Sunday the 21st! Mobile support has been added recently to make it more convenient for shoppers to pop in and hang out. And if you’ve got something to sell, there’s still time to reserve a booth! The more vendors, the merrier. Save the date and bookmark bullishmarket.onrender.com
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The #bullishMarket is on the 21st of every month! If that falls on a weekday, the event will be in the evening (6-7 PM). And if it falls on a weekend, it’ll be in the morning (9-10 AM). Central time. Been doing it this way for almost a year! I know it’s not a consistent day of the week but hopefully that means someone can make it on a weekend that couldn’t make it on a weekday and vice versa.
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Episode Boosts

Every boost sent to this episode, as published to Nostr, newest first.

  • 100 via Fountain
    Bullish on Satoshi’s Plebs