We're Not All In This Together (Bitcoin vs. Crypto)

1 year ago
30

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 vast chasm that separates Bitcoin from all other cryptocurrencies.

We're NOT all on the same team, because we don't all have the same incentives. Lots of crypto founders have large holdings of their coins that they printed up for themselves and their VC backers. Large coin holdings plus proof of stake are a toxic cocktail.

Altcoins are not neutral. They are always social attacks on Bitcoin and/or pump and dump schemes for VC's and insiders.

Those who are creating and selling altcoins (which are always just unregistered securities) are actively delaying the inevitable move to a Bitcoin standard. They're de facto on the same side as the central bankers, whatever their rhetoric may be to the contrary.

Those who buy altcoins are also actively delaying a Bitcoin standard and impeding human progress, whether they recognize it or not.

Not everyone will make it onto Satoshi's Ark-- choose your money carefully.

Not investment advice! Consult a financial advisor.

Anti Tribalism Club:
https://twitter.com/NoTribalismClub/status/1585763661175410688

Initial token allocations for public blockchains:
https://external-preview.redd.it/Im0-_KI9XiZcrcDuu_S0Gn1PDmYkwkuTQdnAZh3v6JY.png?auto=webp&s=3addf56c93746b65190bb5e17d5bfc20100acd90

VC firm a16z pursuing crypto lobbying push in Washington:
https://cointelegraph.com/news/vc-firm-a16z-pursuing-crypto-lobbying-push-in-washington

Andreessen Horowitz wants the government to appoint a 'Web3 czar':
https://www.protocol.com/bulletins/web3-czar-a16z

A16z pump and dumps:
https://hellocrypto.com/article/a16z-top-ten-crypto-investments-2022/

Greenpeace, Crypto Billionaire Lobby to Change Bitcoin Code:
https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code
https://cleanupbitcoin.com/

Coinbase Files to Support Ripple Against SEC Case:
https://www.coindesk.com/policy/2022/10/31/coinbase-files-to-support-ripple-against-sec-case/

Pomp likes to pump altcoins:
https://podcasts.apple.com/us/podcast/880-the-%2410-billion-stablecoin-bet-on-the/id1434060078?i=1000555093692
https://podcasts.apple.com/mu/podcast/678-smart-contracts-on-bitcoin-w-muneeb-ali/id1434060078?i=1000537384967

Vitalik's concern trolling:
https://www.fool.com/the-ascent/cryptocurrency/articles/vitalik-buterin-says-hes-worried-about-bitcoin-long-term-heres-why/

Ethereum validators actively imposing US gov censorship:
https://www.mevwatch.info/

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
#crypto

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