Bitcoin Citadels and Bitcoin Countries
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In this video, I discuss different approaches to starting new Bitcoin citadels and Bitcoin countries.
Perhaps the best solution is an interconnected global network of Bitcoin citadels that each cater to the peculiarities of their residents. This decentralized approach would be much more difficult for nation-states to attempt to stop.
Bitcoiners are already a global tribe, a decentralized and distributed country of like-minded people who love Bitcoin but still pursue their many individual interests.
Not investment advice! Consult a financial advisor.
Bitcoiners: A Powerful New Political Force:
https://www.youtube.com/watch?v=9Rse4H4QccI&ab_channel=BitcoinUniversity
Uncle Sam as Satoshi:
https://twitter.com/Sickjoke/status/1661004491951603719/photo/1
Erik Cason on ideas for new Bitcoin cities:
https://twitter.com/Erikcason/status/1660881301769994241
https://twitter.com/Erikcason/status/1660894912789860354
Possible Bitcoin ranch in Alaska:
https://farmandranch.com/property/bering-pacific-ranches
Seasteading:
https://reason.com/2019/09/25/start-your-own-country/
https://www.seasteading.org/
The Principality of Sealand:
https://theculturetrip.com/europe/articles/11-micronations-in-europe-you-never-knew-existed/
https://en.wikipedia.org/wiki/Principality_of_Sealand
https://www.bbc.com/travel/article/20200706-sealand-a-peculiar-nation-off-englands-coast
Balaji's map of millionaires moving:
https://twitter.com/balajis/status/1626643435481608192/photo/2
https://twitter.com/balajis/status/1626643435481608192
El Salvador and Bitcoin:
https://www.bbc.com/news/world-latin-america-60135552
Bitcoin communities around the world:
https://www.bitcoinbeach.com/
https://twitter.com/LakeBitcoin
https://twitter.com/BitcoinEkasi
https://twitter.com/dearezkitha/status/1575836547546419202
https://cloud21siargao.com/
Stack Hodler tweet about network of citadels:
https://twitter.com/stackhodler/status/1517066562385199108
Max DeMarco and the Citadel Hunter:
https://twitter.com/itsmaxdemarco/status/1506300508306350087
https://twitter.com/itsmaxdemarco/status/1506300508306350087
https://www.youtube.com/watch?v=07g3EuoSOGI&ab_channel=MaxDeMarco
https://www.youtube.com/watch?v=X8PpCZoquvM&ab_channel=MaxDeMarco
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#citadel
#politics
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Bitcoiners: A Powerful New Political Force
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss how US politicians from both sides of the aisle are increasingly courting Bitcoiners. This was unthinkable even 5 years ago, but will increase going forward.
Bitcoiners will continue to gain wealth when measured against holders of fiat and crypto-- and they will hopefully use that wealth to support political candidates who see the value of a neutral money like Bitcoin.
In a worst case scenario, Bitcoiners can also vote with their feet and money by moving to a more friendly jurisdiction. It's easy to take your Bitcoin with you, but not your stocks, bonds, gold, real estate, etc.
It is important to tell every politician that you are a one-issue voter: "I am pro-Bitcoin."
Let's come together over Bitcoin and heal the divisions between the left and the right.
Bitcoin is a modern and neutral form of money that everyone can get behind, regardless of their politics, race, nationality, gender, etc.
Bitcoin is ethical money for 8 billion humans-- and offers us an exit that will lead to a much brighter future for humanity.
Not investment advice! Consult a financial advisor.
Zizek's famous elevator metaphor:
https://www.lacan.com/zizek-human.htm
Robert F Kennedy Jr Keynote - Bitcoin 2023:
https://www.youtube.com/watch?v=fz7FPl065II&ab_channel=BitcoinMagazine
Tulsi Gabbard Keynote at Bitcoin2023:
https://www.youtube.com/watch?v=cFTig1a5mnA&ab_channel=BitcoinMagazine
Vivek Ramaswamy on Bitcoin - Bitcoin 2023:
https://www.youtube.com/watch?v=3Bc2jRlBunQ&ab_channel=BitcoinMagazine
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#politics
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Crypto Dysphoria (Tragic)
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In this video, I discuss "crypto dysphoria," by which I refer to crypto projects that are unregistered securities masquerading as commodities, in order to skirt US securities law.
Ethereum clearly passes the Howey Test, as well as having these markers of centralized projects:
-- Leader
-- Foundation
-- Roadmap
-- Trademark
When Ethereum is forced to register with the SEC as a security, not only will there be large fines involved, but Ethereum will also need to disclose all material information related to the project's principals and their holdings, prospects, risks, etc.
Unlike Ethereum, Bitcoin is a true asset without an issuer, hence a commodity.
Not investment advice! Consult a financial advisor.
Former SEC director Hinman made millions from a pro-Ethereum firm during tenure:
https://protos.com/former-sec-director-hinman-made-millions-from-a-pro-ethereum-firm-during-tenure/
William Hinman's speech:
https://www.sec.gov/news/speech/speech-hinman-061418
Ethereum is trademarked, just like “gold” “oil” and “bitcoin”:
https://twitter.com/coryklippsten/status/1659981820782600192
https://twitter.com/Pledditor/status/1660357061358542848
Ethereum trademarks:
https://ethereum.org/en/terms-of-use/
https://twitter.com/VitalikButerin/status/1225918565246783489
https://trademarks.justia.com/877/91/ether-87791341.html
Ethereum has a road map:
https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin
Interview with Vitalik Buterin 24h after launch of Ether pre-sale:
https://www.youtube.com/watch?v=xVinKj8t8ps&ab_channel=EtherCasts
Jack Mallers' step-mom gets pitched ETH by Vitalik on roadshow:
https://twitter.com/jackmallers/status/1602683736167948292
What's So Bad About ETH Being A Security?
https://www.youtube.com/watch?v=UaVMRQSK8mc&ab_channel=BitcoinUniversity
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#ethereum
#commodity
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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How Multi-Sig Makes All Bitcoiners Safer
Learn how to build your own Bitcoin vault:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss how Bitcoiners moving their Bitcoin holdings into multi-sig makes all Bitcoiners safer. Once thieves learn that most Bitcoiners do not store all of their keys at home, future home invasions and break-ins should become less frequent.
At bare minimum, Bitcoiners should withdraw their Bitcoin from the exchanges and hold it on a hardware wallet (single sig cold storage).
The next step is to move that Bitcoin into multi-sig, where multiple keys are required to move the Bitcoin. The gold standard of multi-sig involves using hardware wallets from different vendors, as well as distributing those hardware wallets geographically.
"Not your keys, not your coins." If you need to ask someone's permission to move your Bitcoin, then the Bitcoin doesn't really belong to you.
Multi-sig also helps to mitigate against supply chain attacks, especially if you use hardware wallets from multiple vendors.
At the end of the video, I discuss collaborative custody solutions like Casa and Unchained, as well as the possibility of building your own multi-sig vault for maximum security and privacy.
Not investment advice! Consult a financial advisor.
‘The money is gone’: people who lost out in FTX’s collapse:
https://www.theguardian.com/technology/2022/nov/19/the-money-is-gone-people-who-lost-out-in-ftxs-collapse
BlockFi Crypto Customers Lose Fight Over Disputed Coin Transfers:
https://www.bloomberg.com/news/articles/2023-05-11/blockfi-crypto-customers-lose-fight-over-disputed-coin-transfers
Blockstream Jade hardware wallet:
https://blockstream.com/jade/
ColdCard hardware wallet:
https://coldcard.com/
Don't Use Trezor Coinjoin (Or Trezor):
https://www.youtube.com/watch?v=zp012aP0ZFA&ab_channel=BitcoinUniversity
Fake Trezor Wallets Designed to Steal Bitcoin:
https://www.nobsbitcoin.com/fake-trezor-wallets-designed-to-steal-bitcoin-spotted-in-the-wild/
Casa Adds Support For Morons (Ethereum):
https://www.youtube.com/watch?v=soSMIxXBg9g&ab_channel=BitcoinUniversity
Crypto's Dirty Little Secret:
https://www.youtube.com/watch?v=PLCWFdGMiN8&ab_channel=BitcoinUniversity
Is Your Crypto Collaborating With Government Spy Coins?
https://www.youtube.com/watch?v=aEd7sqRQLKI&ab_channel=BitcoinUniversity
Unchained multi-sig vaults:
https://unchained.com/vaults
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#multisig
#hardwarewallet
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Bitcoin Is Money For The AI
Learn how to buy anonymous Bitcoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss why Bitcoin will most likely be the primary medium of exchange for the coming machine to machine (m2m) economy.
Autonomous AI vehicles and robots will probably choose to accept Bitcoin for payment over fiat or other forms of crypto, simply because Bitcoin is the most neutral and most sound form of money ever discovered.
It's easy to envision a future where an AI contractor is given a Bitcoin wallet and funds to employ an army of AI builders and workmen to build or print you a house.
Most people are not as smart or economically literate as AI and will be left holding the fiat bag, losing purchasing power to inflation and monetary debasement and confiscation.
By contrast, AI will understand the history of currency debasement and will demand the soundest and most secure form of money that is available.
If you think that AI is coming for your job and if you want some cheap insurance against becoming obsolete as a human being, it might make sense to buy some Bitcoin just in case.
Not investment advice! Consult a financial advisor.
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#AI
#ChatGPT
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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The US Constitution Is A Shipcoin
Learn to buy anonymous Bitcoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss your legal protections under the US Constitution-- and how they rapidly disappear when you need them most (in a real or pretend "state of emergency").
In a crisis, a government will drop its benevolent mask and do anything and everything necessary to protect itself.
Even the US Constitution was not able to protect investors from the US breaking its promises to US bondholders in 1933 and paying them back with paper money instead of gold.
Under Executive Order 6102, President Roosevelt stole the private property (gold) of millions of Americans, and Congress and the Supreme Court went along with it.
It's much better to protect your own rights through cryptography-- by holding Bitcoin.
Not investment advice! Consult a financial advisor.
Central Bank Banning Bitcoin (Exits Closing):
https://www.youtube.com/watch?v=bvu2OV8hFiw&ab_channel=BitcoinUniversity
New York Times sides with US government over gold "hoarding":
https://www.nytimes.com/1933/04/06/archives/hoarding-of-gold.html
Executive Order 6102:
https://en.wikipedia.org/wiki/Executive_Order_6102
Was There Ever a Default on U.S. Treasury Debt?
https://www.aei.org/articles/was-there-ever-a-default-on-u-s-treasury-debt/
US defaults on silver certificates:
https://en.wikipedia.org/wiki/Silver_certificate_(United_States)
US suspends convertibility of USD into gold:
https://en.wikipedia.org/wiki/Nixon_shock
Watching USD purchasing power erode:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#altcoin
#constitution
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Central Bank Banning Bitcoin (Exits Closing)
Learn to buy anonymous Bitcoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
If Bitcoin has no utility, why are so many governments and central banks so eager to ban Bitcoin?
Late last week, the Argentina central bank prohibited banks and other financial services companies from offering Bitcoin to their customers.
The Argentine government and central bank are trying to prevent further capital flight, as inflation skyrockets and the Argentine Peso (ARS) continues its fall.
Bitcoin is an excellent hedge against hyperinflation, money printing, and central banker incompetence. That is why it is so important to accumulate it now, while it is still relatively easy to do so.
Governments and central banks around the world will continue to try to close the exits, as they continue to boil their populations alive with inflation.
Bitcoin is an essential life boat in this environment.
Not investment advice! Consult a financial advisor.
Read "The Mandibles" novel:
https://www.youtube.com/watch?v=KM7s-oindug&ab_channel=BitcoinUniversity
“Big Short” Investor Argues Bitcoin (BTC) Has No Utility:
https://u.today/big-short-investor-argues-bitcoin-btc-has-no-utility
Warren Buffett: Bitcoin Has No Value:
https://www.fool.ca/2021/01/16/warren-buffett-bitcoin-has-no-value/
Argentines buckle as inflation tops 104%:
https://www.reuters.com/world/americas/zero-capacity-save-argentines-buckle-under-103-inflation-2023-04-14/
Argentina Slams Brake On Crypto, Banning Purchases Through Banks:
https://www.bloomberg.com/news/articles/2022-05-05/argentina-slams-brake-on-crypto-banning-purchases-through-banks
Announcement from Argentina central bank:
https://bcra.gob.ar/Noticias/proveedores-servicio-pago-no-pueden-operar-criptoactivos.asp
Shut The Exits, Boil The Frogs (Financial Repression):
https://www.youtube.com/watch?v=O-Gvg5iR-pA&ab_channel=BitcoinUniversity
Shut The Exits, Turn On The Money Printers:
https://www.youtube.com/watch?v=gPOA5w674d8&ab_channel=BitcoinUniversity
BRCA tweet:
https://twitter.com/BancoCentral_AR/status/1654216302494461952
Bitcoin Traders in Argentina Restricted From Buying Dollars:
https://decrypt.co/105772/bitcoin-traders-argentina-restricted-buying-dollars
"If there is an escape, that escape will be used":
https://decrypt.co/53962/bitcoin-global-regulation-european-central-bank
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Argentina
#Inflation
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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The Fed Is Just So Forked (Banks, Inflation)
Learn to buy anonymous Bitcoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss how trapped the Fed really is.
If the Fed keeps monetary policy tight, it risks a continued unwind of the banking system, as well as plunging Federal tax revenues, which require even more government debt to be issued.
If the Fed loosens monetary policy, the US will experience very high inflation.
I think that the Fed will ultimately be forced to choose the path of money printing and high inflation.
Austerity never works, as politicians who endorse it are always immediately voted out.
Bitcoin remains the best safe haven from bumbling central banks, in my opinion.
Not investment advice! Consult a financial advisor.
Chart of Fed Funds effective rate:
https://fred.stlouisfed.org/series/FEDFUNDS
Bank Term Funding Program (BTFP):
https://www.federalreserve.gov/financial-stability/bank-term-funding-program.htm
Fed target rate probabilities:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html
US public debt to GDP chart:
https://fred.stlouisfed.org/series/GFDEGDQ188S
Stanley Druckenmiller:
https://en.wikipedia.org/wiki/Stanley_Druckenmiller
Druckenmiller on the debt situation:
https://www.bloomberg.com/news/articles/2023-05-02/druckenmiller-warns-us-debt-crisis-worse-than-he-imagined?leadSource=uverify%20wall
Argentine sees triple digit inflation:
https://www.reuters.com/world/americas/zero-capacity-save-argentines-buckle-under-103-inflation-2023-04-14/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#fed
#inflation
#banks
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Bhutan Mining Bitcoin (For Years)
Check out the official Bitcoin University Telegram Group:
https://t.me/+TQ1aUglZx6hkY2Vh
Check out the official Bitcoin University Telegram Channel:
https://t.me/bitcoin_university1
In this video, I discuss how the Kingdom of Bhutan has been mining Bitcoin for years.
This fact was recently revealed in the BlockFi and Celsius bankruptcy filings, and Bhutan has confirmed it. Bhutan appears to be using mostly electricity generated by hydro, which would make its Bitcoin mining operations among the greenest in the world.
Now that both Bhutan and Russia and probably many other countries are mining Bitcoin, it's time for the US to start mining Bitcoin, accumulating Bitcoin, and setting up a strategic Bitcoin reserve similar to Ft Knox.
Not investment advice! Consult a financial advisor.
My warning video about Celsius:
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=BitcoinUniversity
My warning video about BlockFi:
https://www.youtube.com/watch?v=3xy11ng9_YE&ab_channel=BitcoinUniversity
Bhutan mining Bitcoin:
https://www.forbes.com/sites/iainmartin/2023/04/15/the-tiny-kingdom-of-bhutan-secretly-held-millions-of-dollars-in-cryptocurrency/?sh=2fbed6877f1d
https://thebhutanese.bt/dhi-confirms-that-it-is-mining-digital-assets/
Russia mining Bitcoin:
https://www.kommersant.ru/doc/5915688
https://cointelegraph.com/news/russian-government-subsidies-crypto-mining-facility-in-siberia
Elizabeth Warren hates big banks, but hasn't done her research on Bitcoin:
https://www.proactiveinvestors.com/companies/news/1012453/bitcoin-energy-consumption-catches-ire-of-us-senator-elizabeth-warren-1012453.html
What is the energy usage and carbon footprint of politicians' private jets?
https://twitter.com/Alejandro_btc/status/1648127149818228736
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
#bhutan
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Fed Bankster Meets Russian Prankster
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In this video, I discuss how Jerome Powell was fooled by Russian pranksters, pretending to be Ukraine's Zelenskiy.
In the process, Powell reveals a lot about how senile politicians and central bankers interact with technology, as well as his views on inflation and the future path of interest rates.
Bitcoin as a liquidity indicator suggests that the Fed is probably done hiking after its May 3 meeting.
Not investment advice! Consult a financial advisor.
Jerome Powell tricked into a call by Russian pranksters posing as Zelenskiy:
https://twitter.com/KanekoaTheGreat/status/1651691266604937222
https://www.bloomberg.com/news/articles/2023-04-27/fed-s-powell-tricked-by-russian-pranksters-posing-as-zelenskiy
https://www.npr.org/2023/04/28/1172681491/pranksters-tricked-fed-chairman-phone-call
Central banks spreading around the world:
https://en.wikipedia.org/wiki/Central_bank
Fed Funds rate history:
https://www.forbes.com/advisor/investing/fed-funds-rate-history/
Fed target rate probabilities:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
US public debt to GDP:
https://fred.stlouisfed.org/series/GFDEGDQ188S
US total public debt growth rates:
https://fred.stlouisfed.org/series/GFDEBTN#001
GDP growth slowing:
https://finance.yahoo.com/news/gdp-us-economy-grows-11-in-q1-slower-than-expected-125947873.html
Bank of England economist says people need to accept they are poorer:
https://www.bbc.com/news/business-65308769
Bank Term Funding Program (BTFP):
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#fed
#powell
#bitcoin
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
241
views
Trezor's Betrayal (Your Questions Answered)
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Use the discount code YT99 to get the best price.
In this video, I answer viewer questions about Trezor's and Wasabi's betrayal of Bitcoiners and the Bitcoin ethos.
It's probably safe to continue using your Trezor, especially if you are a hodler. If you like to sign transactions frequently, it might make more sense to ditch your Trezor and use a Blockstream Jade or ColdCard hardware wallet instead.
Both are Bitcoin-only companies that don't offer support to scammy altcoin projects (like Trezor does), and that also don't pay fees to chain surveillance companies that seek to hurt Bitcoin's privacy (like Wasabi does).
If you choose to setup a new hardware wallet, generate a new recovery seed on that new hardware wallet, rather than reusing your old Trezor recovery seed.
Not investment advice! Consult a financial advisor.
Don't Use Trezor Coinjoin (Or Trezor):
https://www.youtube.com/watch?v=zp012aP0ZFA&ab_channel=BitcoinUniversity
Trezor offers support for lots of scammy coins:
https://trezor.io/coins
Trezor hiding replies on Twitter and blocking honest inquiries:
https://twitter.com/ChrisBlec/status/1648704607797780481
Bitcoin's privacy wars:
https://decrypt.co/138102/bitcoin-privacy-war
Surveillance companies and governments should not be able to dictate who is allowed privacy:
https://twitter.com/ColeTU/status/1651337228340043778
If you like PayPal, you'll love Wasabi:
https://www.paypal.com/us/legalhub/acceptableuse-full
https://github.com/zkSNACKs/WalletWasabi/blob/master/WalletWasabi/Legal/Assets/LegalDocumentsWw2.txt
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#trezor
#wasabi
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Don't Use Trezor Coinjoin (Or Trezor)
Learn how to buy non-KYC Bitcoin and do coinjoin:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the Trezor, Wasabi, and Samourai controversy over coinjoin.
Wasabi coordinator zkSNACKs has been using a chain surveillance company to screen incoming UTXOs for their coinjoin for over a year. This is an unnecessary and disturbing practice for a supposedly privacy-focused company to be involved in.
By choosing Wasabi as its coinjoin partner, Trezor has destroyed all trust in its company. If you can't trust a company with your privacy, why would you trust their hardware wallets or firmware?
Doing a coinjoin will not erase records of your purchase of KYC Bitcoin, but it can provide good forward privacy (sending, spending) if used properly.
There is probably no urgency to coinjoin if you plan on hodling for the nest decade.
It is important to distinguish coinjoin from custodial mixers:
In the latter, you give up custody to the coordinator and as a result may never see your Bitcoin again.
By contrast, coinjoin is a collaborative transaction where you never give up custody of your Bitcoin.
Not investment advice! Consult a financial advisor.
Trezor using Wasabi for coinjoin:
https://twitter.com/Trezor/status/1648688411975319553
Visual example of a coinjoin:
https://image.binance.vision/editor-uploads/3862b14074034f5ba73600717ff8e119.png
zkSNACKs starts using chain surveillance:
https://twitter.com/wasabiwallet/status/1503091503207432193
Wasabi Wallet legal docs:
https://github.com/zkSNACKs/WalletWasabi/blob/master/WalletWasabi/Legal/Assets/LegalDocumentsWw2.txt
Trezor hiding tweet replies:
https://twitter.com/ChrisBlec/status/1648704607797780481
https://twitter.com/ChrisBlec/status/1646900061584982021
Coinjoin coordinators are not money transmitters:
https://twitter.com/SamouraiWallet/status/1503389170672226308
Samourai Wallet:
https://samouraiwallet.com/
JoinMarket:
https://en.bitcoin.it/wiki/JoinMarket
https://github.com/JoinMarket-Org/joinmarket-clientserver
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#trezor
#coinjoin
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
118
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3
comments
Bitcoin Mining With River Financial?
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I review River Financial's hosted Bitcoin mining setup.
Although I like River as a potential place to buy Bitcoin, I don't like the fact that River needs to collect personal information for its Bitcoin mining program. This defeats one of the main reasons to mine Bitcoin, which is to obtain non-KYC Bitcoin.
Unlike Bitcoin mining rigs, BTC itself never wears out or needs maintenance. BTC is an evergreen asset.
The other problem with using a hosted Bitcoin mining service like River is that you do not have custody of the mining rig itself. That's fine in times of peace, but in a time of war, your machine may be confiscated by the company itself or by a hostile government.
"Not your garage, not your ASIC."
I am a customer of River, but I am not being paid or compensated in any way by River for this video or any other video.
Not investment advice! Consult a financial advisor.
A Bitcoin Miner In Every House and Business:
https://www.youtube.com/watch?v=ApxdZG1dP-M&ab_channel=BitcoinUniversity
Mining Bitcoin at River Financial:
https://river.com/mining
Compass mining rigs confiscated by Russian government:
https://www.bloomberg.com/news/articles/2022-04-22/u-s-crypto-company-sells-gear-stuck-in-russia-to-avoid-sanction#xj4y7vzkg
Gazprom mining Bitcoin:
https://bitcoinmagazine.com/business/gazpromneft-partners-with-bitriver-to-mine-bitcoin
https://coingeek.com/bitriver-to-open-100-mw-mining-facility-following-subsidy-from-russia/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
#River
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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"ASIC Resistance" Is Just Plain Silly (Bitcoin vs. Monero)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the downsides to trying to make your crypto "ASIC resistant," as the Monero community has attempted to do.
It is impossible to make your cryptocurrency permanently ASIC-resistant or ASIC-proof. It's possible build specialized hardware to run ANY hashing algorithm.
And once your crypto's market cap is large enough, you can be sure that someone will be running ASICs to mine it, whether or not you are aware of it.
ASIC resistance ironically has the effect of empowering large corporations that have the capital and talent to deal with repeated hard forks.
By contrast, Bitcoin has successfully passed the "ASIC horizon." Bitcoin is being secured by ASICs, but the SHA-256 ASIC manufacturing market has become much more diverse and less centralized over the years.
This is a good thing, since ASICs are much more energy-efficient, and they create a much stronger energy barrier that discourages rewriting the chain.
Bitcoin has already won. It's just not fully priced into the market yet. Even hardcore Monero supporters are now moving over to Bitcoin instead, further helping to strengthen Bitcoin's network effects.
Not investment advice! Consult a financial advisor.
SHA-256 online calculator:
https://emn178.github.io/online-tools/sha256.html
Gold mines are really dirty and toxic:
https://upload.wikimedia.org/wikipedia/commons/8/8d/Kalgoorlie_The_Big_Pit_DSC04498.JPG
Secret ASICs in Monero:
https://www.newsbtc.com/all/insiders-reveal-asic-mining-inevitable-cryptocurrency/
Satoshi's Secret Weapon and ASIC Resistance:
https://www.youtube.com/watch?v=6FdPd-ZP9_I&ab_channel=BitcoinUniversity
List of ASIC manufacturers:
https://www.asicminervalue.com/manufacturers
Whatsminer being built in the US:
https://twitter.com/SinoCrypto/status/1582812239022940161
Blockstream developing ASICs:
https://www.prweb.com/releases/blockstream_raises_210m_makes_move_into_asic_development/prweb18139105.htm
Why BCH and BSV Are So Fragile:
https://www.youtube.com/watch?v=f5RNsgvEd7o&ab_channel=BitcoinUniversity
Why LTC and ETC and DOGE are slower than Bitcoin:
https://howmanyconfs.com/
The brain drain from Monero into Bitcoin:
https://sethforprivacy.com/posts/why-i-focus-on-bitcoin/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#monero
#bitcoinmining
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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SEC Coming For Your Crypto (Ethereum)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss Gary Gensler's congressional testimony yesterday, in the context of the SEC's ongoing attack on companies issuing unregistered securities and pretending that they are neutral digital assets.
It's quite likely that the main reason Gensler refused to answer Chair Patrick McHenry's questions is because the SEC is actively building a case against Ethereum.
Meanwhile, all of these tokens continue to lose value against Bitcoin, the apex digital asset.
What continues to be quite clear is that Bitcoin is widely regarded by regulators as a digital commodity, without an issuer.
Your crypto is just a mechanism for someone much smarter and much richer to dump on you, whether you understand this or not.
If you own "crypto," chances are that you are helping to fund Bitcoin FUD.
Not investment advice! Consult a financial advisor.
SEC Coming For Altcoins:
https://www.youtube.com/watch?v=Q05tRU2xH10&ab_channel=BitcoinUniversity
Gensler's remarks before the Aspen Security Forum:
https://www.sec.gov/news/speech/gensler-aspen-security-forum-2021-08-03
SEC Charges Crypto Asset Trading Platform Bittrex:
https://www.sec.gov/news/press-release/2023-78
SEC complaint against Bittrex:
https://www.sec.gov/litigation/complaints/2023/comp-pr2023-78.pdf
Is Algorand The Next Bitcoin?
https://www.youtube.com/watch?v=LuZJEPVE8d4&ab_channel=BitcoinUniversity
Vitalik Buterin Interview #2 - How & Why You Should Invest In Ethereum?
https://www.youtube.com/watch?v=3By42zOzEGk&ab_channel=CryptocurrencyMarket
Gary Gensler getting grilled on ETH:
https://twitter.com/sassal0x/status/1648338351832064003
Hey SEC, Ethereum Is A Security:
https://www.youtube.com/watch?v=jWsZI2j3qCI&ab_channel=BitcoinUniversity
Vitalik describes how the Ethereum Foundation dissolves Ethereum Switzerland after the presale:
https://twitter.com/Leerzeit/status/1457075354175250437
Ethereum has a leader and a road map:
https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin
Commodities don't need to wait for a group of paid developers to allow them to be unstaked.:
https://twitter.com/LynAldenContact/status/1642179544789536769
Crypto's Dirty Little Secret:
https://www.youtube.com/watch?v=PLCWFdGMiN8&ab_channel=BitcoinUniversity
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
#sec
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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The Best Bitcoin Book Ever (Mandibles)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I review Lionel Shriver's dystopian novel "The Mandibles," which may be the best Bitcoin book ever, even though it mentions Bitcoin only once.
Mandibles is set in the near future (2029-2047) and follows the impact of a massive economic and social collapse on the fortunes of the Mandible family.
In this dystopian future, private gold ownership and cash are forbidden, and everyone pays for goods and services with brain chips that contain a form of CBDC (central bank digital currency). There is also crazy money printing, hyperinflation, and shortages of basic goods, including food.
Mandibles is a great book to recommend to someone who likes fiction, but has no interest in Bitcoin-- yet.
Not investment advice! Consult a financial advisor.
Thanks to Matt Odell for recommending Mandibles:
https://twitter.com/odell/status/1570129816346849282
The Mandibles:
https://en.wikipedia.org/wiki/The_Mandibles
Odell's interview with Lionel Shriver:
https://www.youtube.com/watch?v=eGev5HrIfaQ&ab_channel=CitadelDispatch
Matt Odell set up Shriver with a Bitcoin wallet:
https://twitter.com/ODELL/status/1636156061420867590
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Mandibles
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
43
views
NYT Attacks Bitcoin Mining (Hit Piece)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the recent New York Times hit piece on Bitcoin mining.
While focusing on the Texas ERCOT grid and demand response programs, the article fails to mention why anyone (especially the globally disenfranchised) might want or need a neutral and permission-less form of money like Bitcoin to begin with.
The NYT doesn't like Proof of Work, but fails to provide an alternate other than accepting the status quo of the US dollar being backed by Proof of War. Are Bitcoin mining rigs, or the US military, more responsible for ultimately generating carbon emissions?
Does Bitcoin mining waste energy?
No, it does not because:
1) Bitcoin mining rigs are incredibly energy efficient, and continue to get more energy efficient over time;
2) Bitcoin mining is a worthy use of energy, because Bitcoin provides a unique form of neutral and ethical money that cannot be captured, controlled, debased, or censored.
My biggest takeaway from the NYT article is that it's a really bad idea to politicize electricity. No one should be given the power to decide what is and what is not a worthy use of electricity.
If you still have a subscription to the New York Times, you are helping to fund propaganda against Bitcoin like this article.
Not investment advice! Consult a financial advisor.
The Real-World Costs of the Digital Race for Bitcoin:
https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html
Paul Krugman's 10-Year History of Being Wrong About Bitcoin:
https://reason.com/2021/06/10/paul-krugmans-10-year-history-of-being-wrong-about-bitcoin/
NYT has a long history of being wrong about new technologies:
https://twitter.com/natbrunell/status/1645457663843614721
How much environmental damage and energy usage can be attributed to the NYT itself:
https://twitter.com/raphschoen/status/1645717714869075970
NYT likes porn, but doesn't consider its energy usage:
https://www.nytimes.com/2022/01/14/movies/erika-lust.html
Bitcoin, Gold, ESG, and Porn:
https://www.youtube.com/watch?v=k39GDkjvMRI&ab_channel=BitcoinUniversity
How Bitcoin Mining Helps The Electric Grid:
https://www.youtube.com/watch?v=ruSAOqEfCiE&ab_channel=BitcoinUniversity
Why Bitcoin Mining Is Good For The Environment:
https://www.youtube.com/watch?v=-j4cXA09Dz0&ab_channel=BitcoinUniversity
Can Bitcoin Actually Help Real People?
https://www.youtube.com/watch?v=BRytOTgJZWs&ab_channel=BitcoinUniversity
Did the NYT doctor the drone footage?
https://twitter.com/level39/status/1645453035781382146
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#bitcoinmining
#nytimes
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
143
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4
comments
Bitcoin For Beginners (2023)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss Bitcoin for beginners.
Bitcoin is a new kind of money that is very special for three reasons:
1) Bitcoin was not issued by a government or corporation. It's a new neutral form of money that cannot be manipulated by government officials or corporate insiders or anyone else. There's nothing else like this-- not Ethereum, not Cardano, not anything else.
2) Anyone can send Bitcoin to anyone else in the world (p2p), without using a 3rd party like a bank or other financial services company.
3) Bitcoin's supply is capped at 21 million. It's difficult at first to understand how this cap is enforced, but trust me for now. Bitcoin is actually more scarce like gold, which makes it an even better store of value than gold over long periods of time.
Not only is Bitcoin an excellent savings and retirement vehicle, but it can also be used as an easy and low-cost way to send remittances to other countries.
Bitcoin is a life raft for refugees, who no longer need to leave their savings behind when they flee their country.
Bitcoin is also a life raft for those who choose to remain in an unstable country and want to hide their savings from an authoritarian ruler or protect it from high inflation.
When you are first learning about the space, focus on Bitcoin not "crypto." Crypto is mostly scams and unregistered securities, as we saw with Do Kwon (Terra Luna) and Alex Mashinsky (Celsius) and Sam Bankman-Fried (FTX) in 2022.
By contrast, Bitcoin is a unique and benevolent digital asset. Bitcoin is ethical money for the world's 8 billion people.
Not investment advice! Consult a financial advisor.
Search my YouTube videos here:
https://www.youtube.com/@TraderUniversity/videos
USD losing purchasing power over time:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-U.S.-Dollar.jpg
The Naira Crisis Is Fueling Bitcoin Adoption In Nigeria:
https://www.nobsbitcoin.com/the-naira-crisis-is-fueling-bitcoin-adoption/
Chart of Bitcoin denominated in Lebanese Pounds:
https://tradingeconomics.com/btclbp:cur
Great places to buy Bitcoin:
https://strike.me/
https://www.swanbitcoin.com/
https://river.com/
Great Bitcoin wallets:
https://muun.com/
https://bluewallet.io/
Satoshi's cup of coffee:
https://www.youtube.com/watch?v=GUe0UIA4Ius&ab_channel=TraderUniversity
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
134
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3
comments
Why BCH and BSV Are So Fragile
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I examine the relative network hash rates of BTC, BCH, and BSV, in order to determine which network provides the most robust security.
I conclude that the Bitcoin (BTC) network offers much higher security against empty block attacks and other 51% attacks than either BCH or BSV does.
This is because the same mining rigs (SHA-256 ASICs) can be used to mine BTC, BCH, or BSV. BTC miners can divert just a tiny percentage of their hash rate (0.50%) to permanently disrupt the other two networks.
This is one reason that you never want to own the second or third best crypto that is secured by the same proof of work algorithm. This leaves your chain open to attacks by machines that are mining the highest hash rate network.
It's no surprise that BSV has already been a victim of multiple 51% attacks.
BCH and BSV continue to be failed forks and failed projects that are gradually trending to zero against BTC.
Not investment advice! Consult a financial advisor.
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator
BSV network hash rate:
https://miningpoolstats.stream/bitcoinsv
BCH network hash rate:
https://miningpoolstats.stream/bitcoincash
BTC network hash rate:
https://miningpoolstats.stream/bitcoin
Hashpower converter calculator:
https://coinguides.org/hashpower-converter-calculator/
BSV hit by three 51% attacks:
https://cointelegraph.com/news/bitcoin-sv-rocked-by-three-51-attacks-in-as-many-months
Empty block attack hits BSV:
https://news.bitcoin.com/an-unknown-miner-commands-more-than-51-of-bsvs-hashpower-consecutive-strings-of-empty-blocks-makes-chain-unreliable/
Bitcoin BSV Association likes to rely on the legal system:
https://bitcoinassociation.net/statement-on-empty-block-miner/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#bch
#bsv
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
101
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7
comments
Why Am I So Mean To DOGE?
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https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the serious reasons why a very unserious crypto like DOGE can never get very far-- and is not a serious competitor to Bitcoin.
Dogecoin has a much lower market cap and daily trading volume than Bitcoin, which makes it less than an ideal candidate for large capital allocators.
In addition, although Dogecoin has faster block time (1 minute, as opposed to Bitcoin's 10 minute block time), it does not offer faster final settlement times. Measured in these terms, it is approximately 11x slower than Bitcoin.
Only Bitcoin can provide neutral, ethical money to 8 billion people.
Not investment advice! Consult a financial advisor.
Even China couldn't stop Bitcoin mining:
https://forkast.news/china-banned-bitcoin-mining-became-no-2-bitcoin-miner/
Dogecoin market cap and daily trading volume:
https://coinmarketcap.com/currencies/dogecoin/
Bitcoin market cap and daily trading volume:
https://coinmarketcap.com/currencies/bitcoin/
Coin has dog meme:
https://i.kym-cdn.com/photos/images/newsfeed/002/367/909/7f3.png
How many confirmations are equivalent to Bitcoin?
https://howmanyconfs.com/
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#dogecoin
#bitcoin
#crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
76
views
4
comments
Proof of Work vs. Proof of Wealth
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss the differences between Proof of Work and Proof of Stake (which I have renamed as "Proof of Wealth" to better highlight what it really is).
Only decentralized consensus achieved through Proof of Work can provide neutral and ethical money for the world.
The global financial system already runs on a version of proof of stake (where those with the most coins exert the most power over the money and the system), and it would be a shame to recreate this system by relying on proof of stake cryptocurrencies.
Proof of Stake is easy to fake or game.
By contrast, there is no way to fake or game Proof of Work.
Proof of Stake doesn't solve the Byzantine Generals Problem.
There is no way to achieve decentralized consensus with Proof of Stake, no matter how much smoke and how many mirrors you deploy.
Remember this the next time you hear Vitalik or Charles Hoskinson try to muddy the waters.
Not investment advice! Consult a financial advisor.
Proof of work:
https://manofmany.com/wp-content/uploads/2019/03/Arnold-Schwarzeneggers-Diet-and-Workout-Plan.jpg
Proof of stake:
https://preview.redd.it/anyone-know-the-context-for-this-pic-of-reagan-and-crew-v0-caskioppvq981.jpg?auto=webp&s=ef574c515e2aa502e2c5ad59a2383e90e6729346
https://www.atlantafed.org/-/media/images/economy-matters/inside-the-fed/2021/03/24/20210315_ecm_fomc_hero.jpg?h=auto&w=100%25
Do you like the current proof of stake system?
https://twitter.com/PelosiTracker_
https://www.bbc.com/news/world-europe-38369822
https://www.politico.com/news/2022/01/10/federal-reserve-vice-chair-resigns-ethics-scandal-526849
https://www.cnn.com/2022/10/14/business/bostic-trading-violations-fed/index.html
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#proofofstake
#proofofwork
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Trader University Is Now Bitcoin University (Breaking News)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I announce that I have officially changed the name of this channel to Bitcoin University.
Thanks to all of you for your support!
Not investment advice! Consult a financial advisor.
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Is Your Crypto Collaborating With Government Spy Coins?
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss cryptocurrencies that are actively soliciting or collaborating with governments and their central banks to help to build central bank digital currencies (CBDCs).
CBDCs are government/central bank controlled cryptocurrencies that can be used to control a population, their spending habits, and their political choices. They are basically government spy coins, and will provide the base layer for government control and surveillance-- as they are already doing in China.
If you came to Bitcoin and crypto for freedom money, then you probably don't want to support groups like ConsenSys/Ethereum and Ripple XRP, who are actively trying to collaborate with their governments and central bankers to build this digital prison.
If Ripple is actually hired to build out this infrastructure, it's the wealthy investors and insiders at Ripple that will benefit because they own actual equity (shares) in the company-- not the token holders of XRP.
If you own or support ETH or XRP, then you are on the side of the central bankers and other bad guys who are working on building a CBDC digital prison. It's as simple as that.
By contrast, Bitcoin is money that is not controlled by a small group of insiders like Ethereum and Ripple are.
Bitcoin is freedom money.
Not investment advice! Consult a financial advisor.
Watch how China controls people with CBDCs:
https://twitter.com/songpinganq/status/1628335223963521028?s=19
https://twitter.com/songpinganq/status/1629219680958271592
https://twitter.com/songpinganq/status/1632228633111666689
Good explanation of the dangers of CBDCs from a human rights activist:
https://twitter.com/gladstein/status/1632286073580843010
Ripple XRP working on CBDCs:
https://www.kitco.com/news/2023-03-01/Ripple-is-working-with-more-than-20-countries-on-CBDC-plans-Brooks-Entwistle.html
https://ripple.com/solutions/central-bank-digital-currency/
https://ripple.com/insights/innovation-in-central-bank-digital-currencies/
XRP-funded propaganda:
https://twitter.com/CleanUpBitcoin
https://twitter.com/coryklippsten/status/1634230355329728512
ConsenSys and Ethereum link to CBDCs:
https://en.wikipedia.org/wiki/ConsenSys
https://en.wikipedia.org/wiki/Joseph_Lubin_(entrepreneur)
https://consensys.net/blog/quorum/envisioning-a-future-of-central-bank-digital-currencies-for-everyone-everywhere/
https://consensys.net/solutions/payments-and-money/cbdc/
Ethereum has problems when Infura goes down:
https://www.theblock.co/post/84232/ethereum-infrastructure-provider-infura-is-down
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#xrp
#ethereum
#crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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Satoshi Unmasked (Bad News)
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
In this video, I discuss Satoshi's true identity, which has finally been revealed to the world.
I'm now convinced that Satoshi is actually Ben Bernanke, former Fed chairman and Nobel prize winner-- but only on April Fool's Day.
Did Ben pump his own bags with quantitative easing? He mostly certainly did, though he probably never held any Bitcoin-- and he certainly is not Satoshi.
Ben Bernanke clearly cannot be Satoshi because I am Satoshi:
https://www.youtube.com/watch?v=YSW-Lfd9pJw&ab_channel=TraderUniversity
Not investment advice! Consult a financial advisor.
Ben Bernanke:
https://en.wikipedia.org/wiki/Ben_Bernanke
Ben Bernanke awarded Nobel Prize in economics:
https://www.brookings.edu/events/ben-bernanke-awarded-nobel-prize-in-economics/
Quantitative easing:
https://en.wikipedia.org/wiki/Quantitative_easing
U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic, Mutually Shared Illusion:
https://www.theonion.com/u-s-economy-grinds-to-halt-as-nation-realizes-money-ju-1819571322
Bernanke at local bars?
https://www.theonion.com/drunken-ben-bernanke-tells-everyone-at-neighborhood-bar-1819572831
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#satoshi
#crypto
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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US Digital Prison (Emergency)
Contact your US Senator TODAY to oppose this bill:
https://www.senate.gov/senators/senators-contact.htm?OrderBy=state&Sort=ASC
In this video, I discuss the RESTRICT Bill in the US Senate that seeks to control free access to information on the internet and the sovereign ability to use open-source software.
If this bill becomes law, it will give the US government unconstitutional power to fine and imprison people for simply using the internet in self-sovereign ways. It also seeks to attack open-source software like Bitcoin.
This bill must be opposed at all costs. Please contact your senator today and tell them to vote against this bill:
https://www.senate.gov/senators/senators-contact.htm?OrderBy=state&Sort=ASC
Not investment advice! Consult a financial advisor.
The RESTRICT Act:
https://www.warner.senate.gov/public/_cache/files/3/f/3f2eaae6-09ad-49e1-b254-46289cf20cca/843D73B1823EA0D4122B4365262410D6.restrict-act-final-text.pdf
Greg Price calls it the Patriot Act for the internet:
https://twitter.com/greg_price11/status/1640722365809147905
Evil co-sponsors of this bill:
https://twitter.com/greg_price11/status/1640731521668599810
Good summaries of why this bill needs to be opposed:
https://www.nobsbitcoin.com/restrict-act/
https://www.coincenter.org/the-restrict-act-creates-blanket-authority-with-few-checks-to-ban-just-about-anything-linked-to-a-foreign-adversary/
Senator Warner:
https://www.warner.senate.gov/public/index.cfm/biography
Senator Thune:
https://www.thune.senate.gov/public/index.cfm/biography
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#RestrictAct
#bitcoin
#internet
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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