
Why Will Governments Target Bitcoiners? | Ep. 75 — #75 Konrad
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In this episode of Sat Chats, we meet Konrad Fitzpatrick—Canadian Bitcoiner, ex-bank teller, and the grandson of Polish immigrants who lived through communism. His first exposure to Bitcoin came through RuneScape gold arbitrage, but it wasn’t long before he started orange-pilling 80-year-old customers at his bank and studying fiat’s collapse from behind the counter.
We unpack how fear, anger, and greed all play a role in orange-pilling, why older folks sometimes “get it” faster than Gen Z, and why Konrad believes Executive Order 6102 is coming for Bitcoiners next—unless you self-custody.
We cover:
✅ Gold confiscation, the Petrodollar, and Nixon's 1971 move
✅ Why salary raises are a lie in a fiat system
✅ Lightning vs. Western Union: cost and speed showdown
✅ How Bitcoin builds “financial muscles” for the future
✅ Roasted Red Pepper hummus and canceled fiat envelopes
Konrad clearly knows his stuff—but he still has to choose: 46,955 sats or $50 in fiat. Does he trust the math… or the paper?
Support Sat Chats directly by:
— Zapping Lightning to satchats@getalby.com
— Grabbing your slot in the studio today at https://satchats.com/
— Sending Bitcoin to bc1q5yrwe6qxujzumg5j28g0rvckx9n859sa08fupc
Links for today’s Show Notes:
Bitcoin Well:
https://www.bitcoinwell.com
https://twitter.com/TheBitcoinWell
https://www.bitcoinwell.com/satchats (affiliate link with exclusive onboarding video and bonuses)
Executive Order 6102 (Gold Confiscation History):
https://en.wikipedia.org/wiki/Executive_Order_6102
Alex Gladstein’s Article on the Petrodollar (recommended reading):
https://bitcoinmagazine.com/culture/u-s-petrodollar-system
Sat Chats Giveaway (10 Million Sats Contest):
https://www.satchats.com/giveaway