Bitcoin University

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 various ways that a 51% attack on Bitcoin could be stopped by Bitcoin Core devs, full nodes, and ASIC manufacturers. 51% attacks are not as dangerous as many people believe. They CANNOT be used to rewrite the whole Bitcoin blockchain, print fake Bitcoin, increase the Bitcoin max supply of 21 million, steal your Bitcoin, or change any of the consensus rules. They CANNOT be used to make a lot of money from double spends either, so it is unlikely that a profit-minded attacker would ever use it. All that 51% attacks can do is to annoy people by making Bitcoin transactions take longer, censoring certain transactions, or temporarily stopping all Bitcoin transactions by mining a series of empty blocks. To do a 51% attack, a government would need to buy, build, or steal a lot of Bitcoin mining rigs (ASICs), which is basically impossible to do without the world noticing. So what happens when Bitcoiners learn that a 51% attack by the US government is on the horizon or has already started? Bitcoin Core devs create one line of code that blacklists miners with US-based IP addresses and whitelists miners with overseas IP addresses. These devs cannot force full nodes to run this software, but economically incentivized Bitcoiners running nodes will certainly run it. Mempools would also back up, leading to much higher transaction fees, that would incentivize more economically minded Bitcoin miners to plug in, thus reducing the attacker's % control of the hash rate. Bitcoin has a very strong social layer (smart, wealthy) that will do everything in its power to defend Bitcoin. Nobody is just going to sit on the sidelines and watch Bitcoin die. Once the 51% attack was over and the world saw the Bitcoin network still operating as usual-- There would be a mad rush to get some of this special money that even a nation-state attacker like the US government was unable to stop. Not investment advice! Consult a financial advisor. Watch this video first: Why A Government 51% Attack Won't Work: https://www.youtube.com/watch?v=FYhNNSLWX4g&ab_channel=TraderUniversity Map of Bitcoin nodes: https://bitnodes.io/ 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 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.

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 why a nation-state 51% attack on Bitcoin would fail. In order to launch a 51% attack, an attacker needs to buy, build, or steal a huge number of Bitcoin mining rigs (ASICs). There is no way to do this (in the age of social media and phone cameras) without Bitcoiners finding out and having advance notice that an attack is coming. One small change to Bitcoin Core could immediately brick these machines, and full nodes would be fully incentivized to run this software update. If the government chooses to try to buy a lot of ASICs, the large companies that manufacture them and their sales middlemen will begin to notice, and will spread the word. ASIC manufacturers are incentivized not to let a government try to destroy Bitcoin, since their whole business model depends on making ASICs which can only be used for one thing-- which is mining Bitcoin. Further, a 51% attack CANNOT: 1) Create fake Bitcoin or increase the max supply of 21 million 2) Steal your Bitcoin 3) Change the consensus rules 4) Force any node to accept a block or transaction that violates the consensus rules All that a 51% attack could do is to censor some transactions, attempt a double-spend, or even produce a series of empty blocks (effectively a denial of service attack, since no one would be able to transact on the network until the attack subsided). As soon as the attack stops, everything goes back to normal with Bitcoin. That would be a great ad for Bitcoin: "Nation-state attacker spends 10s of billions of USD and still fails to stop Bitcoin." Not investment advice! Consult a financial advisor. It's impossible to attack Bitcoin using standard cloud computing equipment: https://bitcoinminingcouncil.com/wp-content/uploads/2022/10/2022.10.13-BMC-Presentation-Q3-22-Presentation.pdf SHA-256 hash algo: https://emn178.github.io/online-tools/sha256.html Whinstone Bitcoin mining: https://www.riotplatforms.com/bitcoin-mining/whinstone-u-s Healthcare.gov plagued by crashes on 1st day: https://www.cbsnews.com/news/healthcaregov-plagued-by-crashes-on-1st-day/ Legacy Weapons Are Eroding the Military’s Edge: https://www.bloomberg.com/opinion/articles/2021-06-07/legacy-weapons-are-eroding-the-u-s-military-s-edge Bitcoin SV rocked by three 51% attacks in as many months: https://cointelegraph.com/news/bitcoin-sv-rocked-by-three-51-attacks-in-as-many-months BSV Suffers 51% Attack: https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/ 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 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.

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 whether Bitcoin mining wastes energy. I conclude that Bitcoin mining does not waste energy, for two primary reasons: 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. Appointing an "energy czar" to tell everyone what is and is not a good use of energy is a slippery slope, and probably not very market efficient. Bitcoin is money that: 1) Cannot be debased. 2) Cannot be censored. I think that's at least as good a use of energy as Christmas lights Not investment advice! Consult a financial advisor. SHA-256 hash calculator: https://xorbin.com/tools/sha256-hash-calculator J/Th efficiency over time for Bitcoin mining rigs: https://bitcoinminingcouncil.com/wp-content/uploads/2023/01/BMC-Q4-2022-Presentation.pdf Private jet emissions quadrupled during Davos 2022: https://www.theguardian.com/environment/2023/jan/13/private-jet-emissions-quadrupled-davos-2022 Bitcoin Mining Uses Less Energy Than Christmas Lights: https://mawsoninc.com/bitcoin-mining-uses-less-energy-than-christmas-lights/ Declining purchasing power of USD over time: https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-U.S.-Dollar.jpg Nigerian Army Killed Unarmed Protesters: https://www.nytimes.com/2021/11/16/world/africa/nigeria-protest-report-massacare.html Nigeria's central bank freezes accounts of police brutality protesters: https://www.reuters.com/article/nigeria-protests-banking/nigerias-central-bank-freezes-accounts-of-police-brutality-protesters-idUSL4N2HT06D 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 #energy 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.

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 Balaji's Bitcoin price target of $1 million in 90 days. After pumping shipcoins for the past few years, it appears that Balaji has returned to Bitcoin, mostly in an effort to bolster his personal reputation by aligning himself with Bitcoin's coming success. I think that his price prediction is quite over the top, but directionally correct, especially given the current financial crisis and the Fed's turning the money printers back on. Bitcoin is the only asset in the world that has: 1) No counter-party risk (if you hold your own private keys) 2) No debasement risk In a time of bank runs and monetary debasement, this makes Bitcoin increasingly attractive as a safe haven asset. Gold also has these same bearer asset characteristics, but it is bulky, difficult to store and assay and transport, and makes zero sense in a digital age. We are continuing to see all assets (including "crypto," tech stocks, bank stocks, stock indices and even gold) rapidly lose value when measured against Bitcoin, as Bitcoin begins to finally be recognized as the safe haven asset that it has always been. Not investment advice! Consult a financial advisor. Be Your Own Bank With Bitcoin: https://www.youtube.com/watch?v=nDsqTIMSpC8&ab_channel=TraderUniversity Fed goes back to quantitative easing (QE): https://fred.stlouisfed.org/series/WALCL Bitcoin hashrate chart: https://www.coinwarz.com/mining/bitcoin/hashrate-chart Balaji predicts $1 million Bitcoin price in 90 days: https://decrypt.co/news-explorer?pinned=134819&title=balaji-srinivasan-bets-on-bitcoin-reaching-1-million-due-to-hyperinflation Balaji pumping Solana: https://twitter.com/balajis/status/1394782976978800643 Solana Billionaire VC's Are Laughing At You: https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=TraderUniversity Coinbase gets a Wells notice: https://www.bloomberg.com/news/articles/2023-03-22/coinbase-coin-gets-sec-wells-notice-over-crypto-offerings Do Kwon finally arrested: https://www.bloomberg.com/news/articles/2023-03-23/terrausd-ust-stablecoin-creator-kwon-believed-to-be-arrested 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.

Learn how to run a Bitcoin node the easy way: 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 whether or not Satoshi solved the Byzantine Generals Problem (BGP). The BGP is a thought experiment that asks how independent parties (who cannot trust each other) can come to an agreement or consensus without having to rely on a trusted 3rd party. While there is no general mathematical solution to the BGP, Satoshi created a very clever workaround with the Bitcoin network. Satoshi's innovation is to marry the blockchain to proof of work, and thus make it possible for miners and nodes on the network to come to consensus, without having to trust each other or a centralized third party. There's no security or immutability without proof of work, which alone makes it expensive and unwieldy for bad actors to attack the network. Bitcoin is a "Byzantine fault-tolerant system." It will continue to operate in a reliable manner even if some of its nodes or miners fail or act maliciously. This is yet another reason why I believe that Bitcoin is the best and safest place to store one's savings. Not investment advice! Consult a financial advisor. Byzantine fault: https://en.wikipedia.org/wiki/Byzantine_fault Satoshi on the problem of consensus and synchronization: https://satoshi.nakamotoinstitute.org/emails/cryptography/7/#selection-65.0-65.151 Download Bitcoin Core to run your own node: https://bitcoin.org/en/bitcoin-core/ 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 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.

Get my Bitcoin course here: 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 head of the SEC Gary Gensler's recent statement that all proof of stake tokens are securities. This makes sense because like securities, they offer an intrinsic yield. Neither physical gold or Bitcoin offer an intrinsic yield. This is yet another sign that Ethereum passes the Howey Test, and as such will have to be regulated as a security. I also discuss Vitalik's presale road show, in which he pitched Ethereum as an investment in a common venture with the expectation of profits. Unlike Ethereum, Bitcoin has no leader, road map, initial token sale used to fund software development, or other signs of a centralized project. Ethereum passes the Howey Test, and thus will be forced to register with the SEC, or risk losing access to the world's deepest capital market (US). Unlike Ethereum, Bitcoin is money without an issuer. It is a digital commodity that had no premine or presale road show and that has no living founder/leader leading the development road map. If Ethereum ever needed to register with the SEC, not only would there be large fines involved-- But Ethereum would also need to disclose all material information related to the project's principals and their holdings, prospects, risks, etc. These disclosures would lead to a mad rush to the exits by institutional investors and others who were already nervous after the FTX blow-up and see many similarities between Vitalik and SBF. I also discuss Ethereum's failure to flip Bitcoin after the Merge, and the huge under-performance that Ethereum has been experiencing relative to Bitcoin since September 2022 and even since it peaked against Bitcoin in 2017. There are basically three kinds of money in the world: 1) Fiat= money issued by a government 2) Crypto (Ethereum)= unregistered securities issued by a company that's pretending not to be a company 3) Bitcoin= money without an issuer (like gold). You need to choose wisely what to hold in your wallet for this turbulent decade. Make sure that your money is not controlled by a centralized group and that it cannot be debased or censored or otherwise neutered or hijacked. Because if it can, when times get tough it will be. Not investment advice! Consult a financial advisor. See all of my free videos here: https://www.youtube.com/c/TraderUniversity/videos Gensler suggests proof-of-stake tokens are securities: https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities Ethereum "Merges" With The SEC: https://www.youtube.com/watch?v=t0VRbQ2njxQ&ab_channel=TraderUniversity Vitalik Buterin Interview #2 - How & Why You Should Invest In Ethereum: https://www.youtube.com/watch?v=3By42zOzEGk&ab_channel=CryptocurrencyMarket Ethereum pre-sale road show: https://twitter.com/jackmallers/status/1602683736167948292 Vitalik passed the Howey Test meme: https://twitter.com/j0e007/status/1634111928187379712 Vitalik has a road map for Ethereum: https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin What's So Bad About ETH Being A Security? https://www.youtube.com/watch?v=UaVMRQSK8mc&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. #ethereum #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.

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 closing of Silvergate, Signature, and Silicon Valley Banks in the context of the Fed's tightening policy coming to an end. There may have been a conscious effort by government officials to try to close the on-ramps to Bitcoin and crypto before the Fed turns back on its money printers. The Fed has hiked enough to cause a US bank run, so it is quite likely that the Fed is done, apart from a small 25 bps hike in March. Bitcoin's price action suggests that the money printers are coming back online and that this Bitcoin bear market is over. Governments can try to close the on-ramps, but Bitcoin will still be the best life-raft out there to protect against the flood of monetary debasement. Not investment advice! Consult a financial advisor. Hawkish Powell puts 50 bp Fed rate hikes back on table: https://www.reuters.com/markets/rates-bonds/hawkish-powell-puts-50-bp-fed-rate-hikes-back-table-2023-03-07/ FedWatch tool for Fed Funds Futures: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html US core CPI tops estimates: https://www.bloomberg.com/news/articles/2023-03-14/us-core-cpi-tops-estimates-pressuring-fed-as-it-weighs-hike Trying to blame Signature Bank collapse on crypto: https://www.bloomberg.com/news/articles/2023-03-14/why-did-signature-bank-fail-inside-the-old-school-new-york-bank?srnd=premium Signature Bank Was Shut Down to Send 'Anti-Crypto' Message: Barney Frank: https://decrypt.co/123346/signature-bank-shut-down-anti-crypto-barney-frank Silvergate shuts down: https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html Operation Chokepoint 2.0 extending to small US banks: https://twitter.com/wtogami/status/1635400774158290944 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 #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.

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 New York Attorney General's suing KuCoin for operating an unregistered crypto casino. In the filing, the AG rightly asserts that ETH is a security. Ethereum is a centralized software project, funded by issuing unregistered securities (ETH), and led by a living founder (Vitalik Buterin) who determines the road map for Ethereum and enforces it using his bully pulpit. Ethereum clearly passes the Howey Test, and will at some point have to register with the SEC, if it wants to keep access to the US's deep capital markets. When Ethereum files these disclosures, investors will flee the project like rats from a sinking ship. Not investment advice! Consult a financial advisor. Hey SEC, Ethereum Is A Security: https://www.youtube.com/watch?v=jWsZI2j3qCI&ab_channel=TraderUniversity New York Attorney General Sues KuCoin, Claims Ethereum Is a Security: https://decrypt.co/123102/new-york-attorney-general-kucoin-ethereum-security Attorney General James Continues Crackdown on Unregistered Cryptocurrency Platforms: https://ag.ny.gov/press-release/2023/attorney-general-james-continues-crackdown-unregistered-cryptocurrency-platforms https://www.docdroid.net/Myyp0yz/kucoin-pdf If you have a roadmap and leader, you are probably a security: https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin Stablecoins Imploding: https://www.youtube.com/watch?v=uilgI0NMJWo&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. #ethereum #crypto #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.

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 the bailout of Silicon Valley Bank, and what it means for inflation, moral hazard, and the US dollar going forward. I also discuss the war on Bitcoin and crypto banks, and what it might mean for your Bitcoin accumulation strategy. Not investment advice! Consult a financial advisor. No Bank Bailouts (Ever): https://www.youtube.com/watch?v=p2rD7M8vc5k&ab_channel=TraderUniversity The Silicon Valley Bank Bailout: https://www.wsj.com/articles/the-silicon-valley-bank-bailout-chorus-yellen-treasury-fed-fdic-deposit-limit-dodd-frank-run-cc80761e Statement from Treasury, Fed, and other freaks: https://home.treasury.gov/news/press-releases/jy1337 Bank Term Funding Program: https://www.federalreserve.gov/newsevents/pressreleases/files/monetary20230312a1.pdf US debt clock: https://www.usdebtclock.org/ Fed and Treasury capitulate: https://twitter.com/maxkeiser/status/1635084340932780032 What looters look like: https://twitter.com/DavidSacks https://twitter.com/chamath https://twitter.com/BillAckman Crypto banks getting shuttered all at once: https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html https://www.marketwatch.com/story/crypto-friendly-signature-bank-shut-down-by-regulators-after-collapses-of-silicon-valley-bank-silvergate-6a7f67ec https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html Custodia denied entrance to the old boy's club: https://decrypt.co/122525/custodia-lawsuit-fed-everything-need-know https://www.federalreserve.gov/newsevents/pressreleases/orders20230223a.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. #bitcoin #banks #bailouts 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.

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 make the argument that Silicon Valley Bank (SVB) should NOT receive a government bailout. Depositors with less than $250,000 will be made whole by FDIC insurance. Taxpayer money should never be used to bail out bankers and VCs. Printing new money to bail out banks increases inflation for the working and middle classes, who are less likely to employ inflation hedges. If you are moved to help victims of bank collapses, feel free to do so using your own money, not taxpayers' money. Not investment advice! Consult a financial advisor. Silicon Valley Bank is shut down by regulators in biggest bank failure since global financial crisis: https://www.cnbc.com/2023/03/10/silicon-valley-bank-is-shut-down-by-regulators-fdic-to-protect-insured-deposits.html NetBank: https://en.wikipedia.org/wiki/NetBank Rust belt: https://cdn.britannica.com/42/234142-050-76F11B05/map-Rust-Belt-United-States.jpg Opioids and rural America: https://www.usda.gov/topics/opioids Sackler family and the cost of doing business: https://oag.dc.gov/release/ag-racine-announces-sackler-family-purdue-pharma How FDA Failures Contributed to the Opioid Crisis: https://journalofethics.ama-assn.org/article/how-fda-failures-contributed-opioid-crisis/2020-08 Billionaires need their bailouts: https://twitter.com/BillAckman/status/1634564398919368704 Bill Ackman uses CNBC to profit from his short: https://www.cnbc.com/2020/03/27/bill-ackman-says-his-cnbc-interview-was-bullish-denies-harming-market.html Nic Carter wants bailouts: https://twitter.com/nic__carter/status/1634631430058770432 But Nic Carter has funds stuck at SVB: https://www.coindesk.com/policy/2023/03/10/silicon-valley-bank-shuttered-by-state-regulators/ David Sacks wants bailouts: https://twitter.com/DavidSacks/status/1634621758019100672 David Sacks likes dumping his Solana on retail investors: https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=TraderUniversity How Warren Buffett Gained from Bank Bailout: https://www.cnbc.com/id/40276100 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. #svb #banks #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.

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 USD stablecoins USDC and DAI breaking their pegs to the US dollar, as the result of over 8% of Circle's USD reserves being trapped in Silicon Valley Bank (SVB), which failed yesterday. USDC was already a centralized, captured coin that could be turned on or off at will by the parent company Circle. Now we can see that it is not even stable when it comes to its price. Like everything in "DeFi Land," stablecoins are decentralized in name only ("DINO") and should not be trusted with your long-term savings, in my opinion. All stablecoins are actually unstablecoins. Bitcoin is my stablecoin. Not investment advice! Consult a financial advisor. "Always-on dollars" lol: https://www.circle.com/en/usdc https://www.theblock.co/linked/70850/centre-blacklist-usdc-address https://www.theblock.co/post/162172/circle-freezes-usdc-funds-in-tornado-cashs-us-treasury-sanctioned-wallets Stablecoin Firm Circle Reveals $3.3 Billion Exposure to Silicon Valley Bank: https://www.bloomberg.com/news/articles/2023-03-10/binance-tether-say-no-svb-exposure-while-circle-stays-mum Coinbase, Binance Suspend USDC Conversions: https://decrypt.co/123208/coinbase-binance-suspend-usdc-conversions-as-dollar-peg-wobbles Equilibrium price of USDC is zero: https://twitter.com/coryklippsten/status/1634455168732508160 MakerDAO Votes to Custody $1.6 Billion in USDC With Coinbase: https://decrypt.co/112808/makerdao-custody-usdc-coinbase Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve: https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/#selection-45.226-45.381 Should Bitcoin Be Backed By Something? https://www.youtube.com/watch?v=E6pGmGESjHw&ab_channel=TraderUniversity USDC has depegged to 91 cents: https://coinmarketcap.com/currencies/usd-coin/ DAI has depegged to 93 cents: https://coinmarketcap.com/currencies/multi-collateral-dai/ DAI Depegs to Lifetime Lows: https://www.coindesk.com/markets/2023/03/11/dai-depegs-as-stablecoin-rout-plagues-crypto/ BlockFi has $227m in Silicon Valley Bank: https://twitter.com/LaurenSHirsch/status/1634315816106618880 People who want to privatize the profits and socialize the losses: https://twitter.com/ddisparte/status/1634395755648630784 Bitcoin has no exposure to SVB: https://twitter.com/DylanLeClair_/status/1634370140715327488 Bitcoin is my bank: https://pbs.twimg.com/media/Fq5SruIWAAM1XNW?format=jpg&name=medium 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. #stablecoin #usdc #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.

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 ongoing bank run at Silicon Valley Bank (SVB), and what it means both for the tech economy, as well as the US banking system. It would appear that the Fed has now "broken something," if we are seeing emergency actions taken by major banks like SVB to shore up their balance sheets, which have been broken by the Fed's rate hikes. This suggests that a Fed reversal may be near. Fractional reserve banking really is the dumbest invention of all time. Bitcoin is the great bank account in the sky that cannot be touched by anyone: It can't be diluted like SVB stock. It can't be plundered by a bail-in. It can't be diluted by Fed money printing. Not investment advice! Consult a financial advisor. Crypto bank run: https://www.youtube.com/watch?v=QhcYmELssSM&ab_channel=TraderUniversity Silicon Valley Bank (SVB): https://www.svb.com/ https://finance.yahoo.com/quote/SIVB?p=SIVB&.tsrc=fin-srch SVB 2021 10-K: https://d18rn0p25nwr6d.cloudfront.net/CIK-0000719739/4b031df0-621a-429e-95ec-1ba5f88b029d.pdf Fed going higher for longer: https://www.cnbc.com/2023/03/07/fed-chair-powell-says-interest-rates-are-likely-to-be-higher-than-previously-anticipated.html SVB announcement that panicked investors: https://s201.q4cdn.com/589201576/files/doc_downloads/2023/03/r/Q1-2023-Investor-Letter.FINAL-030823.pdf SVB 2022 10-K: https://d18rn0p25nwr6d.cloudfront.net/CIK-0000719739/f36fc4d7-9459-41d7-9e3d-2c468971b386.pdf SIVB income statement: https://finance.yahoo.com/quote/SIVB/financials?p=SIVB SVB CEO says don't panic: https://www.theinformation.com/articles/silicon-valley-bank-ceo-tells-vc-clients-to-stay-calm Peter Thiel says do panic: https://www.bloomberg.com/news/articles/2023-03-09/founders-fund-advises-companies-to-withdraw-money-from-svb' Silvergate winds down: https://www.businesswire.com/news/home/20230308005795/en/?ref=no-bullshit-bitcoin Biden wants to tax Bitcoin miners: https://twitter.com/BitcoinMagazine/status/1633933119920168965 New York AG says that ETH is a security: https://decrypt.co/123102/new-york-attorney-general-kucoin-ethereum-security 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. #SVB #banks #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.

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 Hedera (HBAR) and its status as an unregistered security. Unlike Bitcoin, Hedera has a headquarters, board of directors, governing council, VC investors, a foundation, and a road map-- all of which are signs that this is a centralized project. There's nothing wrong with this-- apart from the glaring fact that Hedera illegally funded its operations by selling unregistered securities in the form of HBAR. This was, in my opinion, an unethical way to raise money. So what if Hedera still has cool tech? The question that you have to ask yourself is why they ever had to introduce a token into the mix. If they were going to be a centrally controlled corporation all along, why go the ICO route (2018) and take advantage of retail investors? Why not just sell shares to fund their software development? Well, that's because issuing and selling shares requires making lots of disclosures and also waiting for an IPO to get liquidity. Tokens like HBAR are so much more fun and easy to dump on retail investors in order for the VCs to get liquidity for their LPs-- and for executives to exit without having to file with the SEC. By contrast, Bitcoin is a completely decentralized project without VC investors, a premine, or any other attack or control vectors that come with being a centralized project. Not investment advice! Consult a financial advisor. Hedera Hashgraph VC backing: https://www.crunchbase.com/organization/hashgraph/company_financials Hedera headquarters: https://dallasinnovates.com/hedera-hashgraph-moving-global-headquarters-to-richardsons-3400-at-cityline/ Hedera board of directors: https://hedera.com/about Hedera global governing council: https://hedera.com/council The HBAR Foundation: https://www.hbarfoundation.org/ Hedera's roadmap: https://hedera.com/roadmap Gary Gensler on crypto projects like Hedera: https://twitter.com/coryklippsten/status/1629700076120739840/photo/1 Mainnet nodes run by governing council: https://messari.io/asset/hedera-hashgraph/profile 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. #hedera #hbar #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.

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 whether Bitcoin could survive a nuclear war. I conclude that (like cockroaches, viruses, and cannabis) Bitcoin is extremely difficult to completely wipe out globally. There are many tens of thousands of copies of the Bitcoin blockchain globally distributed and held by nodes worldwide. Just a single copy of it would be sufficient to reboot Bitcoin, once the electricity and semiconductor plants are restored. By contrast, it's not at all clear whether government money, government paper, stocks, bonds, or other "paper wealth" would survive a nuclear war. And even if they did, it's highly likely that they would get partially or entirely confiscated as part of a global financial system reboot. Bitcoin remains the most durable and robust currency for the world, in both good times and apocalyptic scenarios. Not investment advice! Consult a financial advisor. Map of Bitcoin nodes: https://bitnodes.io/ Adam Back says there are 100k nodes: https://twitter.com/adam3us/status/1314929096695013378 Oldest viable seed: https://en.wikipedia.org/wiki/Oldest_viable_seed Bitcoin and cockroaches survive nuclear wars: https://i.kym-cdn.com/photos/images/original/002/332/984/ac0.jpg The Bonsai Tree That Survived the Bombing of Hiroshima: https://www.smithsonianmag.com/history/390-year-old-tree-survived-bombing-hiroshima-180956157/ 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 #nuclearwar #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.

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 whether the crypto exchange Binance is close to blowing up like FTX did. There has been a coordinated attack on BUSD by the SEC and NYDFS, perhaps in an effort to destroy a major profit center for Binance. If investors lose faith in BNB (the Binance equivalent of FTT for FTX), Binance may not have enough assets to return all customer deposits. A Wall Street Journal article suggest that the ties between Binance Global and Binance US are much closer than previously thought-- including possibly sharing US customer data and a common US bank account. For all of these reasons, Binance may fail if the SEC decides to move against CZ. I think it's much safer to use a Bitcoin-only exchange like Strike, Swan Bitcoin, or River Financial (I'm not affiliated with or compensated by any of them). Withdraw your BTC immediately after purchasing it and store it on a hardware wallet like the Blockstream Jade or ColdCard. Not investment advice! Consult a financial advisor. US Justice Dept Mulling Criminal Charges Against Binance Founder CZ: https://decrypt.co/116961/us-justice-dept-mulling-criminal-charges-against-binance-founder-cz-report Paxos receives a Wells notice re BUSD: https://paxos.com/2023/02/13/paxos-issues-statement/ Coinbase delists BUSD: https://decrypt.co/122280/coinbase-delist-binance-usd-stablecoin Binance.US Is Operating 'Unregistered Securities Exchange,' SEC Official Says: https://www.coindesk.com/policy/2023/03/03/sec-official-says-binance-us-is-operating-unregistered-securities-exchange/ Pressure grows on Binance: https://www.nytimes.com/2023/03/06/business/dealbook/binance-regulators-crypto.html Binance Team Fretted Over Binance.US Ties, Tried to Recruit Gary Gensler: https://decrypt.co/122739/binance-team-fretted-over-binance-us-ties-tried-to-recruit-gary-gensler-wsj Crypto exchange Binance reportedly had secret access to its US arm’s bank account: https://www.cnn.com/2023/02/17/business/crypto-binance-changpeng-zhao/index.html BUSD: https://coinmarketcap.com/currencies/binance-usd/ BNB: https://coinmarketcap.com/currencies/bnb/ For Binance, all customer assets are liabilities: https://twitter.com/coryklippsten/status/1632565745338191873 Binance Urges Industry-Wide Action to Boost Trust in Crypto: https://decrypt.co/121827/binance-urges-industry-wide-action-to-boost-trust-in-crypto DeFi receiving Wells notices? https://twitter.com/DylanLeClair_/status/1631745525170012178 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. #binance #busd #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.

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 Kyle Samani and Multicoin Capital's disastrous 2022 performance. It's always a huge red flag when a "crypto entrepreneur" starts bad-mouthing Bitcoin. In the case of both Sam Bankman-Fried and Kyle Samani, it was only a few months before their projects completely imploded. Samani did not understand that there is only Bitcoin, and crypto garbage (multi-coins). Or perhaps he understood and didn't care, because he was being paid a 2% management fee and 20% of profits while taking enormous risks with other people's money (OPM). Remember Do Kwon, Sam Bankman-Fried, and Kyle Samani when you hear about the next "crypto genius" in the next bull market. Not investment advice! Consult a financial advisor. Bitcoin has no future as a payments network, says FTX chief: https://www.ft.com/content/02cad9b8-e2eb-43d4-8c18-2e9d34b443fe FTX founder Sam Bankman-Fried arrested: https://www.cnbc.com/2022/12/12/ftx-founder-sam-bankman-fried-arrested-in-the-bahamas-after-us-files-criminal-charges.html Kyle Samani: https://multicoin.capital/about/ Kyle Salami: https://twitter.com/kylesalami1 "Bitcoin will be irrelevant within a few years": https://twitter.com/KyleSamani/status/1520576966516264960 Multicoin Capital’s Hedge Fund Lost 91.4% Last Year: https://www.coindesk.com/business/2023/03/04/multicoin-capitals-hedge-fund-lost-914-last-year-investor-letter-reveals/ The Peter Principle: https://en.wikipedia.org/wiki/Peter_principle "How to make it in crypto": https://www.coindesk.com/layer2/futureofworkweek/2022/06/29/i-dont-follow-trends-multicoins-kyle-samani-on-how-to-make-it-in-crypto/ Why Solana’s Frequent Downtime Doesn’t Bother Kyle Samani: https://unchainedpodcast.com/the-chopping-block-why-solanas-frequent-downtime-doesnt-bother-kyle-samani-ep-362/ Multicoin Capital massively underperforms benchmarks in 2022: https://twitter.com/DrSoldmanGachs/status/1632157857708904448/photo/1 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. #crypto #bitcoin #multicoin 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.

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 BIS chief Agustin Carstens' recent negative comments about Bitcoin and crypto. Carstens doesn't seem to see the irony of bashing Bitcoin in the middle of an inflation crisis, as Europe struggles to pay its energy bills with rapidly devaluing fiat money. Central bankers like Carstens have done a terrible job of managing our money over the past 100 years. It has been a history of financial crises, bail-outs, and currency devaluations. We also cannot trust crypto project leaders. The nice thing about Bitcoin is that it is a trust-less system that allows each user to independently verify Bitcoin's transaction history. It is rules without rulers. Not investment advice! Consult a financial advisor. BIS chief does not like crypto: https://www.bloomberg.com/news/articles/2023-02-22/crypto-has-lost-battle-against-fiat-currency-bis-chief-agustin-carstens-says https://www.zerohedge.com/crypto/fiat-money-has-won-battle-against-cryptocurrencies-says-bis-chief Governments have a long history of abusing our trust: https://www.nbcnews.com/id/wbna7634313 https://first-heritage-foundation.s3.amazonaws.com/live_files/KeepHealthPlan-CharlotteObserver.jpg https://images7.memedroid.com/images/UPLOADED888/60e9f6363d6a8.jpeg https://twitter.com/Pledditor/status/1628586812967989248/photo/1 US dollar losing purchasing power over time: https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/ Satoshi's inscription: https://www.thetimes03jan2009.com/wp-content/uploads/2015/03/genesis-block-newspaper-bitcoin.jpg Cardano Founder Charles Hoskinson Lays Out 2022 Plans: https://www.coindesk.com/tech/2021/12/27/cardano-founder-charles-hoskinson-lays-out-2022-plans/ Ethereum founder lays out plans: https://decrypt.co/105707/ethereum-merge-surge-verge-purge-splurge-vitalik-buterin So-called "defi" project seizes money from its holders: https://www.coindesk.com/business/2023/02/24/oasis-exploits-its-own-wallet-software-to-seize-crypto-stolen-in-wormhole-hack/ Europe's spend on energy crisis nears 800 billion euros: https://www.reuters.com/business/energy/europes-spend-energy-crisis-nears-800-billion-euros-2023-02-13/ Inflation hitting record highs in Eurozone: https://fortune.com/2022/09/01/record-inflation-eurozone-worst-yet-to-come/ Inflation increases poverty unevenly, widening gaps across the EU: https://joint-research-centre.ec.europa.eu/jrc-news/inflation-increases-poverty-unevenly-widening-gaps-across-eu-2022-12-06_en Christine Lagarde: IMF chief convicted over payout: https://www.bbc.com/news/world-europe-38369822 Bitcoin is hope: https://ih1.redbubble.net/image.3106360413.5177/fposter,small,wall_texture,product,750x1000.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 #fiat #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.

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 evolution of Bitcoin's block size limits and what this means for throughput (TPS or transactions per second), blockchain bloat, decentralization, and the costs of running a node (storage, bandwidth, and verification). If Bitcoin blocks are too small, throughput (TPS) suffers. If Bitcoin blocks are too large, then you end up with blockchain bloat which can make it difficult for everyone to run a node. One advantage of block size limits combined with full blocks is that it can help to jump-start the transaction fee market, which will be necessary as Bitcoin transitions away from having a block subsidy (currently 6.25 BTC and getting cut in half every 4 years). The good news is that while the blockchain continues to grow linearly, the cost of storing the blockchain will continue to fall exponentially. Here's what's non-negotiable to me: 1) Max supply of Bitcoin of 21 million must never be changed. 2) Block size limit of 4 MB must never be changed. Maybe the block size limit is not perfect, but it's good enough. Maybe the max supply is not perfect, but it's good enough. These things are ultimately fairly arbitrary and there's a wide range of numbers which would work. Here's the most important thing: Don't mess with Bitcoin's issuance schedule or monetary policy. Leave it fixed in stone for the next 1,000 years. Don't be like Ethereum and keep changing fundamental things like monetary policy or the consensus mechanism every few years. Base layer money needs to be dependable and unchanging. Moving fast and breaking things works well for tech startups, but it's a terrible approach to take when you're building the new global reserve asset and currency. Not investment advice! Consult a financial advisor. SSD Prices Continue to Fall: https://www.minitool.com/news/ssd-prices-fall.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 #blockchain #blocksize 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.

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 Paul Kiernan's WSJ article in which he alleges that Bitcoin's future is heavily dependent on Bitcoin Core devs, especially the 5 people who have the power to merge changes. Kiernan is missing the key fact that Bitcoin devs can put out whatever software they want, but Bitcoin nodes have the choice whether or not to run it. There are no forced updates or auto-updates to Bitcoin Core. Bitcoin consensus takes place at the social layer and is then expressed in code. As a Bitcoiner, you can run the Bitcoin Core implementation or any other implementation that you want. You can even change the consensus rules, but at that point, you will have hard forked yourself to another coin. To conclude, Bitcoin devs and maintainers have no special power over Bitcoin. If Bitcoin devs collude to push through a hard fork that the Bitcoin community does not like, no one will run the software-- and the devs will have destroyed their reputations in the community forever. Bitcoin Core can be hosted anywhere, so it is not a problem if it eventually gets kicked off of Github. Bitcoin is a social movement of people who are committed to things like 21 million max supply, proof of work, etc. You can try to mess with Bitcoin's code-- but as long as there are Bitcoiners who like Bitcoin, they are not going to just sit on their hands and allow you to try to destroy Bitcoin. Bitcoiners will fight back with code and also by coordinating with one another online and in meat space. Not investment advice! Consult a financial advisor. Bitcoin’s Future Depends on a Handful of Mysterious Coders: https://www.wsj.com/articles/bitcoin-core-maintainers-crypto-7b93804 https://twitter.com/pkwsj/status/1626256764483010560 Senator Warren: Crypto Puts Financial System in the Hands of 'Shadowy Super-Coders’: https://decrypt.co/76997/elizabeth-warren-crypto-big-banks-shadowy-super-coders Bitcoin nodes software summary: https://coin.dance/nodes/all https://bitcoin.clarkmoody.com/dashboard/ Bitcoin Core on Github: https://github.com/bitcoin/bitcoin Old version of Bitcoin Core on Source Forge: https://sourceforge.net/projects/bitcoin/ US Dollar's Future Depends on One Mysterious Lawyer: https://twitter.com/BitcoinIsSaving/status/1626426975937069058 Paul Kiernan's early journalism: https://www.dailytarheel.com/article/2006/07/bare_bottoms_cause_big_uproar 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 #bitcoincore #nodes 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.

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 what happens to asset prices (stocks, bonds, real estate, gold, Bitcoin) in a hyperinflationary environment. It's counter-intuitive, but examples like Zimbabwe, Venezuela, and Argentina show stocks rising sharply even as hyperinflation is ravaging the economy. Unfortunately, stocks rarely go up as quickly as the underlying currency is falling, so investors end up losing purchasing power, even though they have the illusion of getting rich. The worse place to be during hyperinflation is cash or bonds, while the best place to be is almost certainly Bitcoin. Bitcoin also allows you an easy way to exit a failing economy and country by leaving with your wealth intact in a "brain wallet." No other asset is as portable, easy to store, unconfiscatable, censorship-resistant, and scarce as Bitcoin. The time is coming where people are going to be willing to pay any fiat price for some Bitcoin, like a glass of water in the desert. Not investment advice! Consult a financial advisor. Here's How The US Dollar Dies: https://www.youtube.com/watch?v=vKkmidJ_dZc&ab_channel=TraderUniversity Hyperinflation in Zimbabwe: https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe 100 Trillion Zimbabwe Dollar Bill: https://media.cnn.com/api/v1/images/stellar/prod/160504154606-one-trillion-dollar.jpg Zimbabwe stock market chart: https://tradingeconomics.com/zimbabwe/stock-market Venezuela stock market chart: https://tradingeconomics.com/venezuela/stock-market Very high inflation in Argentina: https://www.barrons.com/news/argentina-ended-2022-with-94-8-inflation-highest-in-32-years-official-01673551508 Argentina stock market chart: https://tradingeconomics.com/argentina/stock-market When Money Dies: The Nightmare Of The Weimar Hyper Inflation: https://www.goodreads.com/book/show/8567383-when-money-dies Ethereum staking pools: https://beaconcha.in/pools Watch OFAC censorship happening to Ethereum: https://www.mevwatch.info/ Regardless Of Price, Bitcoin Is A Lifeline For African Refugees: https://www.forbes.com/sites/faridanabourema/2023/02/13/regardless-of-price-bitcoin-is-a-lifeline-for-eritrean-refugees/ 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. #stocks #hyperinflation #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.

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 Putin can have a profound effect on US interest rates by curtailing Russian oil production. Higher oil prices lead to higher US interest rates, as oil-deficient countries sell off Treasury holdings in order to be able to afford oil at higher prices. Higher oil prices also lead to inflation in the pipeline and encourage the Fed to stay tighter for longer. Higher interest rates also tank the stock and housing markets and thus have a negative effect on tax revenues. Lower tax revenues means that the US Treasury must sell even more debt to make up the shortfall, thus also contributing to higher interest rates. What's the biggest problem with higher US interest rates? It makes it more and more difficult for the US government to be able to afford to finance itself and roll its debt. In this way, by raising global oil prices, Putin could theoretically bankrupt the US government. The US needs to revise its energy policy and move more towards new oil production, and especially nuclear power. Both parties are in bed with the central bankers. Vote with your feet and buy Bitcoin. Not investment advice! Consult a financial advisor. Russia to cut oil output by 500,000 bpd in March: https://www.reuters.com/business/energy/russia-cut-oil-output-by-500000-bpd-march-2023-02-10/ Biden pauses new oil and gas leases amid legal battle over cost of climate change: https://www.cnbc.com/2022/02/24/biden-administration-pausing-new-oil-and-gas-leases-amid-legal-battle-.html Court strikes down ruling that blocked Biden’s oil drilling pause: https://www.washingtonpost.com/climate-environment/2022/08/17/court-ruling-biden-oil-gas-leasing-pause/ Biden shrinks Strategic Petroleum Reserve to lowest level since 1980s: https://www.axios.com/2022/11/02/biden-strategic-petroleum-reserve-oil-levels https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcsstus1&f=m The oil industry actually hasn’t done that well under Trump: https://www.politico.com/news/2020/10/27/trump-oil-gas-industry-432722 Fed’s Inflation Fight Pushes Up Cost of U.S. Debt: https://www.wsj.com/articles/u-s-government-borrowing-costs-rise-as-debt-ceiling-fuels-partisan-clash-a4b8cbe2 Chart of US debt/GDP: https://fred.stlouisfed.org/series/GFDEGDQ188S China’s Climate Goals Hinge on a $440 Billion Nuclear Buildout: https://www.bloomberg.com/news/features/2021-11-02/china-climate-goals-hinge-on-440-billion-nuclear-power-plan-to-rival-u-s U.S. shift on child labor may scramble EV sector: https://www.eenews.net/articles/u-s-shift-on-child-labor-may-scramble-ev-sector/ Baizuo: https://en.wikipedia.org/wiki/Baizuo 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. #putin #crudeoil #fed 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.

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 teach you how to create a Bitcoin cold storage setup that can be used to thwart thieves. You first set up a standard Bitcoin hardware wallet and add a small amount of money to it as a decoy. You then create a hidden Bitcoin wallet using a passphrase on that same hardware wallet device. It is in this hidden wallet that you want to store the bulk of your Bitcoin savings. That way, if a thief gets hold of your hardware wallet, he can steal the small amount from the standard wallet, and remain totally unaware of the larger amount that is hidden inside the passphrase version. This may end up saving both your life and your Bitcoin, if the thief is satisfied to walk away with his winnings. An even better solution is to use multi-sig cold storage to store large amounts of Bitcoin: https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity Not investment advice! Consult a financial advisor. Trezor hardware wallet: https://trezor.io/ Blockstream Jade hardware wallet: https://blockstream.com/jade/ Coldcard hardware wallet: https://coldcard.com/ 2020 Ledger hack: https://twitter.com/bitcoinmagazine/status/1405572965480153095 Recovery seeds: https://trezor.io/learn/a/how-to-use-a-recovery-seed Trezor Suite: https://trezor.io/trezor-suite 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 #hardwarewallet #coldstorage 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.

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 Ethereum liquid staking solutions like Lido and Rocket Pool, in the context of the SEC's crackdown on Kraken's "staking as a service." Many people in the Ethereum community fail to grasp how centralized both Lido and Rocket are. Most of the governance tokens are controlled by VC's and insiders who get to pick the node operators and ensure that OFAC censorship of transactions and blocks is carried out by these operators. The fact that ConsenSys not only owns Infura and Metamask, but is also the main investor in Rocket Pool is the icing on the cake. Joe Lubin, as an Ethereum co-founder, has tremendous power over the entire Ethereum ecosystem-- which gives the lie to ETH's claims of decentralization. If Ethereum is ever forced to file disclosures with the SEC, we can guess that it will be quite the ship show. Not investment advice! Consult a financial advisor. SEC Putting Stake In Crypto's Heart: https://www.youtube.com/watch?v=5EbCHlkhHRI&ab_channel=TraderUniversity SEC shuts down Kraken staking: https://twitter.com/GaryGensler/status/1623777842000539648 Ether Liquid Staking Platforms Will Benefit: https://www.coindesk.com/business/2023/02/10/ether-liquid-staking-platforms-will-benefit-as-sec-actions-likely-fail-to-deal-defis-knockout-blow/ Lido TVL: https://defillama.com/protocol/lido?denomination=ETH&hideEvents=false Lido is a huge validator: https://beaconcha.in/pools How to stake ETH on Lido: https://stake.lido.fi/ Apply to be a Lido Node Operator: https://operatorportal.lido.fi/apply-to-be-a-lido-node-operator 95% of LDO supply is held by 1% of addresses: https://twitter.com/_Checkmatey_/status/1540703545267298304 List of Lido investors: https://www.crunchbase.com/organization/lido-b607/company_financials https://techcrunch.com/2022/03/03/lido-raises-the-stakes-for-crypto-defi-investors-with-new-capital/ Watch Lido impose OFAC censorship: https://www.mevwatch.info/ Rocket Pool investors: https://www.crunchbase.com/organization/rocket-pool/company_financials Ethereum ecosystem highly dependent on Infura: https://www.theblock.co/post/84232/ethereum-infrastructure-provider-infura-is-down ConsenSys updates policy to collect IP addresses from MetaMask: https://cryptoslate.com/consensys-updates-policy-to-collect-metamask-ip-data/ Joe Lubin: https://en.wikipedia.org/wiki/Joseph_Lubin_(entrepreneur) Ethereum "Merges" With The SEC: https://www.youtube.com/watch?v=t0VRbQ2njxQ&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. #ethereum #lido #staking 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.

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐀𝐍𝐃 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 SEC's enforcement action against Kraken's "staking as a service" and what it means for crypto exchanges, as well as for proof-of-stake coins in general. By moving to proof of stake at the Merge, Ethereum may have inadvertently turned itself into a security. By contrast, Bitcoin is a digital commodity, not issued by a corporation, foundation, or government. Holders of shipcoins (unregistered securities) may not sleep well at night, knowing what's coming down the pike from the SEC. As part of registration, Ethereum will need to disclose all material information related to the project's principals and their holdings, prospects, risks, etc. These disclosures could lead to a rush to the exits by investors once they see the huge amount of self-dealing and probably outright fraud as well. Not investment advice! Consult a financial advisor. SEC Coming For Crypto: https://www.youtube.com/watch?v=_cAHFgabIeY&ab_channel=TraderUniversity SEC shutting down Kraken's "staking as a service": https://twitter.com/GaryGensler/status/1623777842000539648 https://www.sec.gov/news/press-release/2023-25 Brian Armstrong sad to be losing staking revenue stream: https://twitter.com/brian_armstrong/status/1623459203150131201 https://decrypt.co/107662/ethereum-merge-coinbase-staking-jpmorgan ETH may have shot itself in the foot: https://www.youtube.com/watch?v=t0VRbQ2njxQ&ab_channel=TraderUniversity The power of Ethereum devs: https://decrypt.co/116763/ethereum-devs-staked-eth-withdrawals-shanghai-march-2023 Even Kraken cannot unstake until Shanghai hard fork: https://blog.kraken.com/post/17619/settlement/ What's So Bad About ETH Being A Security? https://www.youtube.com/watch?v=UaVMRQSK8mc&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. #sec #ethereum #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.

𝐆𝐄𝐓 𝐓𝐇𝐄 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 various integrations with the Lightning Network (LN) are connecting different payment companies and extending Bitcoin infrastructure to the whole world. Strike has recently rolled out a pilot program with Clover to add Lightning Network functionality to all of their point of sales (POS) terminals. Strike continues to use the LN for global remittances, recently adding the Philippines as well. As more and more companies connect their financial networks (Clover, Fiserv, Venmo, Robinhood, Strike, CashApp, etc.) to the LN, this is making the LN the new global standard for interoperability between different financial networks. At the end of the video, I also discuss the bullish moving average crossover that just occurred-- confirming strong price action along with these bullish fundamentals. Not investment advice! Consult a financial advisor. Strike Commerce: https://strike.me/commerce/ Strike integrates LN into Shopify: https://www.businesswire.com/news/home/20220407005830/en/Strike-Launches-Shopify-Integration-Bringing-Bitcoin-Lightning-Payments-to-Merchants Clover: https://www.clover.com/ Strike plus Clover pilot program: https://twitter.com/jackmallers/status/1618731420998049798 The Brewer's Kettle: https://twitter.com/brewerskettle Cash App now has full LN integration: https://mobile.twitter.com/CashApp/status/1616163862293917696 Robinhood integrating LN: https://decrypt.co/97202/robinhood-use-lightning-network-bitcoin-transactions Muun wallet: https://muun.com/ Bluewallet: https://bluewallet.io/lightning/ Strike adds Philippines to global remittances program: https://www.nobsbitcoin.com/strike-expands-remittance-feature-to-phillipines/ https://bitcoinmagazine.com/business/strike-launches-remittances-to-philippines South African retail giant adds Bitcoin payments: https://bitcoinmagazine.com/business/south-africa-pick-n-pay-now-accepts-bitcoin Was FTX blowup the bottom? https://www.cnbc.com/2022/11/11/sam-bankman-frieds-cryptocurrency-exchange-ftx-files-for-bankruptcy.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 #lightning #strike 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.