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.