Is Theta Better Than Bitcoin?
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 Theta token and how it compares to Bitcoin.
Unlike Bitcoin, Theta is backed by VC's, had a large pre-mine and pre-sale that almost certainly violate US securities law, and runs on proof of stake with the largest validators being large tech companies like Google, Samsung, and Theta Labs itself.
Yuck, yuck, yuck.
The only reason that Theta Labs presumably chose to go with a token was so that they could get early exit liquidity (i.e. dump on naive retail investors) without having to wait for an IPO.
Theta is a dead project.
Not investment advice! Consult a financial advisor.
Theta token:
https://www.thetatoken.org/
Theta's consensus mechanism:
https://messari.io/asset/theta-token/profile/consensus-mechanism
Theta's presale:
https://venturebeat.com/commerce/theta-pre-sale-hits-12-million-as-it-brings-blockchain-to-video-and-esports/
Theta's initial token distribution:
https://messari.io/asset/theta-token/profile/launch-and-initial-token-distribution
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.
#theta
#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.
-
9:40
Bitcoin University
5 months agoAmazing News For Bitcoin Mining (Ocean)
99112 -
2:24:35
Price of Reason
15 hours agoDisney MASSIVE Layoffs! Star Trek Franchise REBOOT? Gaming "Journalism" COLLAPSE! W/ Dreadroberts
24.8K3 -
3:23:38
Jerry After Dark
17 hours agoJerry After Dark: Warzone ft. Nickmercs
59.1K3 -
4:12:32
Geeks + Gamers
10 hours agoTuesday Night's Main Event
41.5K4 -
1:57:04
Kim Iversen
9 hours agoWEF’s Klaus Schwab Is Retiring. Who's Next? GOP Bill Gives VA Benefits To IDF Soldiers | Anti-Genocide 2024 Candidate Jill Stein
56K189 -
2:21:54
Laura Loomer
10 hours agoEP48: Biden DOJ Authorized FBI Assassination of President Trump as Sham NYC Trial Insanity Continues
62.6K156 -
15:57
Breaking Points
17 hours agoBlinken THREATENS GLOBAL STARVATION In Secret Arab Meeting
45.2K57 -
1:24:20
TheMonicaCrowleyPodcast
16 hours agoThe Monica Crowley Podcast: Liars, Circuses and Bioweapons
40.2K17 -
54:33
LFA TV
23 hours agoPoetic Justice as CNN Forced to Defend Donald Trump | Trumpet Daily 5.21.24 9pm EST
42K13 -
53:50
The Late Kick with Josh Pate
12 hours agoLate Kick Live Ep 515: Rashada Sues Napier | Conference Sleepers | Bold Predictions | Nebraska Mood
42.8K3