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Bitcoin Can't Do Anything Right
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In this video, I discuss how Bitcoin just can't seem to do anything right these days.
Bitcoin can't seem to decide if it's in a bubble-- or dead.
Bitcoin is a cult, a fad, and it's boiling the oceans, using all of the world's electricity, it's inefficient, it's used mainly by drug-dealers and psychopaths, and it's hurting our beloved institutions like Wells Fargo and Bank of America.
Unfortunately, Bitcoin doesn't seem to care, and just keeps chugging along.
Tick tock next block, honey badger don't care.
Not investment advice! Consult a financial advisor.
Bitcoin dead, Bitcoin bubble:
https://pbs.twimg.com/media/FVOC-xmWYAEnJ61?format=png&name=900x900
Bitcoin tulip mania:
https://www.cnbc.com/2013/11/12/peter-schiff-calls-bitcoin-bubble-tulip-mania-20.html
Bitcoin Mining on Track to Consume All of the World's Energy by 2020:
https://www.newsweek.com/bitcoin-mining-track-consume-worlds-energy-2020-744036
Bitcoin bad for the planet:
https://www.popularmechanics.com/science/a35717144/bill-gates-bitcoin-energy-climate/
Bill Gates apologizes:
https://www.vice.com/en/article/akgqw5/bill-gates-is-very-sorry-he-partied-with-jeffrey-epstein
Bitcoin fans are psychopaths:
https://nypost.com/2022/04/12/bitcoin-fans-are-psychopaths-who-dont-care-about-anyone-study-shows/
Bitcoin ownership estimate:
https://explodingtopics.com/blog/blockchain-stats
Lagarde calls out Bitcoin's funny business:
https://www.reuters.com/article/us-crypto-currency-ecb/ecbs-lagarde-calls-for-regulating-bitcoins-funny-business-idUSKBN29I1B1
Lagarde convicted:
https://www.bbc.com/news/world-europe-38369822
Yellen says Bitcoin is inefficient:
https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html
Yellen earns $7.2 million in speaking fees:
https://www.forbes.com/sites/joewalsh/2021/01/01/yellen-earned-72-million-in-speaking-fees-over-last-two-years/?sh=7cab7b6426f9
Fed's Yellen expects no new financial crisis in 'our lifetimes':
https://www.reuters.com/article/us-usa-fed-yellen/feds-yellen-expects-no-new-financial-crisis-in-our-lifetimes-idUSKBN19I2I5
Bitcoin is a cult:
https://www.zmescience.com/science/news-science/nobel-prize-winning-economist-calls-bitcoin-a-cult/
Internet is a fad:
https://content.spiceworksstatic.com/service.community/p/post_images/0000310711/5b0e9fc8/attached_image/by-20o5-or-so-it-will-become-clear-that-the-19619794.png
Bitcoin is rat poison:
https://pbs.twimg.com/media/EmoRwM2U4AANCad.jpg
The government wants to take care of you:
http://www.oregongreenblog.com/wp-content/uploads/2013/03/indian-guns-gov.jpg
https://i.imgflip.com/34u7og.jpg
Tick tock next block:
https://mempool.space/
Bitcoin is a honey badger:
https://pbs.twimg.com/media/CCFlxh8VEAAXtsT.png
https://preview.redd.it/q3kafvlcwv211.jpg?auto=webp&s=7029b0fe1a7544a4fab1c35c9bea68a4eca14995
Bitcoin hash rate chart:
https://www.blockchain.com/charts/hash-rate
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
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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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