Trader University

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Trader University

Trader University

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Learn how to build your own multisig vault:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin

Bitcoin University Premium monthly live classes:
https://www.bitcoinuniversity.com/courses/93850-live-classes

In this video, I review the Bitkey hardware wallet from Block. This is an excellent beginner's self-custody solution for those who are less tech-savvy, but would still like the advantages of multisig.

For those further down the Bitcoin rabbit hole, using a Coldcard or Blockstream Jade paired with Sparrow Wallet and your own Bitcoin node will offer a more private and self-sovereign solution.

Not investment advice! Consult a financial advisor.

Bitkey:
https://bitkey.world/en-US

How the 3 keys work and recovery:
https://bitkey.world/en-US/how-it-works

Bitkey recovery design philosophy:
https://bitkey.build/sharing-our-recovery-design/

Bitkey setup guide:
https://support.bitkey.world/hc/en-us/articles/18929976655892-How-do-I-set-up-my-Bitkey-wallet

Why you should never leave your BTC on an exchange:
https://www.nobsbitcoin.com/japanese-dmm-bitcoin-exchange-hacked-for-4500-btc/

Coldcard hardware wallet:
https://store.coinkite.com/store/coldcard

Blockstream Jade hardware wallet:
https://store.blockstream.com/products/blockstream-jade-hardware-wallet

Download Sparrow Wallet here:
https://sparrowwallet.com/download/

My Favorite Bitcoin Desktop Software (Sparrow Wallet):
https://www.youtube.com/watch?v=HLi8p9aTlBQ&ab_channel=BitcoinUniversity

How To Move Your Bitcoin From Ledger To Jade:
https://www.youtube.com/watch?v=Q4gpVF-ATAg&ab_channel=BitcoinUniversity

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
#Bitkey

Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or indepen..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss Bitcoin's scarce blockspace and high transaction fees, with reference to Yogi Berra's famous aphorism: "Nobody goes there anymore. It's too crowded."

Bitcoin has higher transaction fees than most blockchains because its digital real estate has the most demand. The only reason that your blockchain has lower transaction fees is because your coin is losing and global demand for it and associated blockspace is not as high as it is for Bitcoin.

Having high transaction fees is a feature, not a bug. It helps to compensate Bitcoin miners against the backdrop of an ever-decreasing block subsidy (currently 3.125 BTC and trending to zero).

If people don't want to hodl your coin, then your coin will never develop a strong circular economy, where people want to both earn it and spend it.

And if no one wants to hodl your coin, then you are at a distinct disadvantage to Bitcoin, which not only has many more merchants and other people who want to accept it as payment (strong network effects) than any other crypto in the world, but which also has the strongest hodler community in the world.

Bitcoiners invented "hodling," and no one does it like a fanatical committed Bitcoiner. Altcoiners are constantly searching for the next pump, so that they can dump their current coin and buy more BTC with the proceeds.

That's why every single altcoin chart will continue to go to zero against BTC forever. No one wants hot potato money. Everyone wants digital gold.

"Transaction fees are so high that no one wants to use Bitcoin anymore."

This common cope has strong Yogi Berra vibes: "Nobody goes there anymore. It's too crowded."

The only reason that your blockchain has low fees relative to Bitcoin is because your blockchain is losing against Bitcoin.

Not investment advice! Consult a financial advisor.

Yogi Berra:
https://en.wikipedia.org/wiki/Yogi_Berra

Bitcoin's Hardware Future w..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the trade-offs made by different Bitcoin wallets when interacting on-chain, over Lightning, and over the Liquid Network.

In a high on-chain transaction fee environment, it can be helpful to minimize interaction with the base layer, which is where wallets like Aqua can be helpful, using Liquid instead of on-chain as its "base layer."

I also discuss the Muun Wallet, Wallet of Satoshi, Mutiny Wallet, Strike Wallet, and the Phoenix Wallet.

Not investment advice! Consult a financial advisor.

Watch these videos first:
https://www.youtube.com/watch?v=W90nOePOz58&ab_channel=BitcoinUniversity
https://www.youtube.com/watch?v=-_MkOH--pe0&ab_channel=BitcoinUniversity
https://www.youtube.com/watch?v=KptFVAr4jB8&ab_channel=BitcoinUniversity

Aqua Wallet:
https://aquawallet.io/

Blue Wallet no longer offers easy, built-in Lightning support:
https://x.com/bluewalletio/status/1652969929287630848

Muun wallet has been bloating the UTXO set:
https://x.com/mononautical/status/1621893734156623872

Mutiny Wallet:
https://www.mutinywallet.com/
https://www.youtube.com/watch?v=Z9ZA46OgIWA&ab_channel=BitcoinUniversity
https://www.youtube.com/watch?v=ZfaatXZR478&ab_channel=BitcoinUniversity

Zeus Wallet:
https://zeusln.com/

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

Disclaimer
Neither Bitcoin 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, on this You..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the new mobile Aqua Wallet, and how it uses on-chain BTC, L-BTC, and BTC over the Lightning Network.

The Aqua Wallet is a great wallet to bring to Latin America, or to use in your home country when on-chain transaction fees are high.

One strategy is to stack L-BTC on Aqua (receiving via Lightning or Liquid) and then swap into on-chain BTC once you have over 1 million sats.

Aqua Wallet provides a nice work-around if you don't want to have to deal with Lightning channel management on a non-custodial Lightning wallet.

Not investment advice! Consult a financial advisor.

Aqua Wallet:
https://aquawallet.io/

Bitcoin And The Liquid Network:
https://www.youtube.com/watch?v=W90nOePOz58&ab_channel=BitcoinUniversity

Scaling Bitcoin with Lightning and Liquid:
https://www.youtube.com/watch?v=-_MkOH--pe0&ab_channel=BitcoinUniversity

Tether: We've Onboarded US Secret Service and FBI to Our Platform:
https://www.nobsbitcoin.com/tether-weve-onboarded-us-secret-service-and-fbi-to-our-platform/

Tether Will Freeze Wallets Evading Venezuelan Sanctions:
https://www.coindesk.com/policy/2024/04/24/tether-will-freeze-wallets-evading-venezuelan-sanctions/

Liquid Network blockchain explorer:
https://liquid.network/

Tron network fees:
https://coin.space/tron-network-fee/
https://gasfeesnow.com/heatmap/#tron

Boltz exchange for swaps:
https://boltz.exchange/swap

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
#Liquid
#Aqua

Disclaimer
Neither Bitcoin 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 brok..

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I discuss Trump's pivot to being pro-crypto and pro-Bitcoin and what this means for the US 2024 election.

Biden could quickly pivot and front-run Trump on these same issues (including banning CBDCs and freeing Ross Ulbricht), if he is smart and wants to win in November.

Biden needs to distance himself from Elizabeth Warren and her "anti-crypto army," which is clearly a losing stance for any politician in America now.

The big conclusion here is that the US government is NOT going to ban Bitcoin any time soon.

Even if Trump wins, we are going to need to remain vigilant about self-custody, privacy, and attempts by central bankers to control politicians behind the scenes.

Going forward, politicians will continue to trip over themselves to win Bitcoiners' votes.

Not investment advice! Consult a financial advisor.

Don't vote, it just encourages the bastards:
https://www.goodreads.com/work/quotes/16446901-don-t-vote---it-just-encourages-the-bastards

Hayek quote:
https://www.reddit.com/r/Bitcoin/comments/9bu5jb/fa_hayek_in_1984_i_dont_believe_we_shall_ever/

RFK, Jr first brought Bitcoin to the race:
https://bitcoinmagazine.com/culture/rfk-jr-the-bitcoin-magazine-interview

Trump changed his mind on Bitcoin:
https://x.com/AutismCapital/status/1794580732171714918

Trump's speech at Libertarian Convention:
https://www.theblock.co/post/296779/donald-trump-pledges-to-free-ross-ulbricht-stop-cbdcs-and-support-self-custody-in-speech-to-libertarian-convention

Ross Ulbricht and Silk Road:
https://x.com/RealRossU/status/1794865086135521737
https://x.com/BitcoinErrorLog/status/1794627231576358978
https://en.wikipedia.org/wiki/Silk_Road_(marketplace)
https://x.com/giacomozucco/status/1012724791189606400

Biden has a great chance to counter now:
https://x.com/BitcoinPierre/status/1794724678520758433
https://x.com/csuwildcat/status/1794766951270797331

The crypto election:
https://x.com/Tusha..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the many problems with the different marketing slogans (like "digital silver" and "digital oil") that Ethereum and other crypto have used over the years.

Calling a crypto "digital silver" makes zero sense, since divisibility is not difficult in the world of code, as it is in the world of physical commodities like gold and silver.

My conclusion is that "Ethereum is digital fiat."

Not investment advice! Consult a financial advisor.

Does ETH have a simple one-liner marketing slogan?
https://x.com/EricBalchunas/status/1794023427327533456

LTC as digital silver:
https://www.reddit.com/r/CryptoCurrency/comments/172gb7d/celebrating_12_years_of_our_digital_silver/

Ethereum is a shopping mall and digital oil?
https://x.com/yuppieventures/status/1794478223167832496

ETH is the first ever commodity with a CEO at the helm:
https://x.com/jvs_btc/status/1794063658282037496

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 Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I discuss how wrong I was about a US spot Ethereum ETF, as well as whether ETH is now a commodity-- and what I think happens next.

Not investment advice! Consult a financial advisor.

Vitalik Gets His Big Boy Pants:
https://www.youtube.com/watch?v=aMCBhEmmYwo&ab_channel=BitcoinUniversity

Give every shipcoin an ETF?
https://x.com/Pledditor/status/1793690204886167819

Approve just a few crypto ETFs to muddy the waters?
https://x.com/TuurDemeester/status/1794105635308536164

Max pain for crypto twitter:
https://x.com/_checkmatey_/status/1794122894076969227

ETH ETF approval doesn't change its monetary properties:
https://x.com/lukemikic21/status/1793751597392232870

What is a good one-liner for owning ETH?
https://x.com/EricBalchunas/status/1794023427327533456

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

Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I present the fairy tale version of the events leading up to the SEC's approval of spot Ethereum ETFs in the US, where BTC is the big brother and ETH is the little brother, who is trying to play catch up.

Not investment advice! Consult a financial advisor.

Gary Gensler hard at work:
https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2F5jz8lnx5pbz81.jpg

SEC approves Ethereum spot ETFs:
https://www.theblock.co/post/296304/sec-approves-ethereum-etfs

Ethereum Founder Vitalik doing the Badger dance:
https://www.youtube.com/watch?v=kUheuFDHSvI&ab_channel=JosephBagaric

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 Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I answer questions about how the Lightning Network and the Liquid Network can help to scale Bitcoin.

Both offer faster and cheaper transactions, while giving up some of the final settlement guarantees that are only available at the base layer.

As on-chain transaction fees move much higher over time, people will be forced onto higher layers, especially for small, low value transactions that don't require the same final settlement guarantees that the base layer can provide.

Bitcoin's end game is completely full blocks that provide final settlement for the net results of transaction that take place on higher layers.

Like other money, Bitcoin will scale in layers.

Not investment advice! Consult a financial advisor.

Watch these 2 videos first:
https://www.youtube.com/watch?v=W90nOePOz58&ab_channel=BitcoinUniversity
https://www.youtube.com/watch?v=KptFVAr4jB8&ab_channel=BitcoinUniversity

How Bitcoin Scales (Fedimint):
https://www.youtube.com/watch?v=psObTmh-Qy4&ab_channel=BitcoinUniversity

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
#Liquid
#Lightning

Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not rep..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the various trade-offs involved with using BTC on Coinbase, the Liquid Network, the Lightning Network, and in fedimints.

Putting BTC on a Layer 2 does not make it a shipcoin, provided that there is real BTC locked up on-chain that backs it. I would draw the line at wBTC which uses altcoin payment rails like Ethereum.

As on-chain transaction fees continue to rise, much or all of our Bitcoin transaction activity will take place on higher layers.

While it's important to minimize trust, there is still a place for trust and custodial solutions in the Bitcoin ecosystem, which includes adults holding BTC for young children or older people in their family.

We should expect some form of BTC to end up in every nook and cranny of the global financial system as well as on different Bitcoin layer 2s, because this is what hyperbitcoinization looks like.

Not investment advice! Consult a financial advisor.

Bitcoin and the Liquid Network:
https://www.youtube.com/watch?v=W90nOePOz58&ab_channel=BitcoinUniversity

Bitcoin Pizza Day:
https://x.com/bitstein/status/998886989247197184

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
#Liquid
#Lightning

Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video,..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the increased probability of the SEC approving an ETH spot ETF in the next few days.

It appears that the Biden Administration is attempting to do damage control, by pressuring the SEC to reverse its course.

An ETH ETF without staking would not have a yield, but it would also not be as subject to centralization and capture as an ETH ETF that could actively build blocks and even censor transactions that the US government didn't like.

Bitcoin remains the apex predator of all assets. Expect all crypto, bonds, stocks, real estate, gold, etc to continue to lose value against BTC, which remains a unique and unreplicable asset.

Not investment advice! Consult a financial advisor.

Biden Administration quite hostile to BTC and crypto:
https://www.wsj.com/articles/biden-administration-embarking-on-aggressive-tack-for-cryptocurrency-white-house-official-says-11634077058

Other candidates turning pro-Bitcoin and pro-crypto:
https://www.coindesk.com/policy/2024/05/07/robert-f-kennedy-jr-a-pro-crypto-presidential-candidiate-to-appear-at-consensus-2024/
https://www.politico.com/news/2024/05/10/trump-crypto-biden-00157051

Biden losing in the prediction markets:
https://polymarket.com/event/presidential-election-winner-2024?tid=1716294939973

Biden Administration allies begin to break ranks:
https://www.nobsbitcoin.com/us-senate-votes-to-kill-sec-bitcoin-accounting-rule/
https://www.politico.com/live-updates/2024/05/16/congress/dems-buck-biden-on-crypto-00158412

US SEC is asking for amended 19b-4 filings for spot Ethereum ETFs:
https://www.theblock.co/post/295524/us-sec-is-asking-for-amended-19b-4-filings-for-spot-ethereum-etfs-reports

Biden Administration appears to want an ETH ETF in order to do political damage control:
https://www.theblock.co/post/295474/ethereum-etfs-odds-of-approval-improve-as-it-appears-biden-admin-perhaps-wants-to-appear-more-crypto-friendly-bloo..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss how the Liquid Network works, as well as the trade-offs and differences between the Liquid Network, the Lightning Network, and on-chain Bitcoin.

The Liquid Network is a sidechain (or layer 2) pegged to Bitcoin, offering its own version of BTC called L-BTC.

While Liquid offers much lower transaction fees than on-chain Bitcoin, as well as confidential transactions, it has not seen much usage so far. This may change as on-chain transaction fees increase, and more people as a result want to move between on-chain, Liquid, and Lightning.

We will cover the Aqua Wallet, which does just that, in a later video.

Not investment advice! Consult a financial advisor.

Liquid Network:
https://blockstream.com/liquid/

Liquid Network dashboard:
https://liquid.network/

What is the Liquid Federation?
https://help.blockstream.com/hc/en-us/articles/900003013143-What-is-the-Liquid-Federation

Liquid technical overview:
https://docs.liquid.net/docs/technical-overview

How to run a Liquid node:
https://help.blockstream.com/hc/en-us/articles/900002026026-How-do-I-set-up-a-Liquid-node

Bitcoin on-chain block explorer:
https://mempool.space/

Aqua Wallet:
https://aquawallet.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
#Liquid
#Lightning

Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUn..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

Be Your Own Bank (Bitcoin):
https://www.youtube.com/watch?v=nDsqTIMSpC8&ab_channel=BitcoinUniversity

In this video, I discuss how the US Senate has joined the House of Representatives and voted 60-38 in a bipartisan vote to pass a resolution, that overturns an old SEC accounting bulletin, that has made it prohibitively expensive for US banks and other financial institutions to custody Bitcoin and crypto.

That SEC bulletin has required firms to record customer holdings of Bitcoin or crypto as liabilities on their own balance sheets, thus basically deterring most large US financial institutions from becoming Bitcoin custodians.

If you actually want to protect consumers, then having most of the BTC for the spot BTC ETFs sitting at Coinbase Custody presents unacceptable single point of failure risks.

If Biden signs this bill into law, then many US financial institutions will get in the game of Bitcoin custody and help to mitigate these concentration risks.

As for me, I will continue to keep my BTC in my own personal bank in cold storage, using my Coldcard hardware wallet.

Not investment advice! Consult a financial advisor.

US Senate passes measure withdrawing SEC accounting bulletin:
https://www.theblock.co/post/294949/us-senate-passes-measure-withdrawing-sec-accounting-bulletin

Senator Warren said to vote no:
https://www.youtube.com/watch?v=4E-q06U-JzE&ab_channel=ForbesBreakingNews

SEC SAB Number 121:
https://www.sec.gov/oca/staff-accounting-bulletin-121

Related tweets:
https://x.com/AlexanderGrieve/status/1791147474243162279
https://x.com/saylor/status/1791150877891252260
https://x.com/Eric_BIGfund/status/1791151172889326070
https://x.com/PerianneDC/status/1791245327942443340

USSR leader Chernenko:
https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Fcbhvfhsvww7b1.jpg

President Biden says he will veto the resolution:
https://www.whitehouse.gov/wp-content/uplo..

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I go over a YouTube comment thread to demonstrate how many people approaching Bitcoin struggle with cognitive biases or anger-- what's commonly known as "Bitcoin Derangement Syndrome."

Not investment advice! Consult a financial advisor.

View the comment thread here:
https://www.youtube.com/watch?v=NCOpYKAZ5tw&lc=Ugxxr1T2BnWGDshqRE54AaABAg.A3IhPDU2c_2A3Oojy6Lx-V&ab_channel=BitcoinUniversity

Chart of tulip bubble:
https://static.twentyoverten.com/5b9686c2694a555a435452e9/Nn5xYD9lK6Y/Tulipmania.png

Chart of USD/TRY:
https://www.xe.com/currencycharts/?from=USD&to=TRY&view=10Y

Are cryptocurrencies currencies? Bitcoin as legal tender in El Salvador:
https://www.science.org/doi/10.1126/science.add2844

Map of Bitcoin merchants in El Salvador:
https://btcmap.org/map#9/13.67268/-89.11835

Chart of Fed Funds:
https://fred.stlouisfed.org/series/FEDFUNDS

Will Tether Crash Bitcoin?
https://www.youtube.com/watch?v=SsmurH57WOU&ab_channel=BitcoinUniversity

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Video of man screaming that Bitcoin is going to zero:
https://twitter.com/Breedlove22/status/1774416686591943101

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 Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) sh..

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I discuss the long history of Vitalik Buterin's alleged scams, including an emulated quantum computer mining scheme and an alleged pump-and-dump scheme involving Primecoin. Both of these took place before the Ethereum ICO and offer a unique view into the mind of someone whom I believe to be a serial scammer.

Not investment advice! Consult a financial advisor.

Ethereum has been a platform for many ICO scams:
https://twitter.com/saifedean/status/1540035416451174401

Adam Back witnessed Vitalik's quantum computer pitch:
https://twitter.com/adam3us/status/1273353652447608834

Vitalik’s Quantum Quest:
https://medium.com/bitcoinerrorlog/vitaliks-quantum-quest-9e6af6570f23

Buterin’s quantum quest:
https://davidgerard.co.uk/blockchain/buterins-quantum-quest/

Greg Maxwell on Vitalik's quantum computer:
https://www.newsbtc.com/news/gregory-maxwell-vitalik-buterin-ran-quantum-computer-scam/

Vitalik planning a Primecoin pump and dump:
https://yanislav.medium.com/king-of-bitcoin-godfather-of-ethereum-a9af9ecf56d5

Vitalik's disgusting deleted tweet:
https://www.reddit.com/r/Buttcoin/comments/14tgxoz/deleted_tweets_from_vitalik_buterin_founder_of/#lightbox

SEC subpoenaed firms that dealt with the Ethereum Foundation:
https://www.theblock.co/post/283753/sec-subpoenaed-firms-that-dealt-with-the-ethereum-foundation-fortune
https://www.theblock.co/post/283686/ethereum-foundation-has-received-a-confidential-enquiry-from-a-state-authority-shows-github-commit?utm_source=rss&utm_medium=rss
https://www.coindesk.com/business/2024/03/20/ethereum-foundation-under-investigation-by-state-authority/

Will Ethereum Be Declared a Security By the SEC Next Week?
https://decrypt.co/230728/ethereum-security-status-sec-unlikely-spot-etf

ETH Is A Security (SEC):
https://www.youtube.com/watch?v=u4ucAajq4Uk&ab_channel=BitcoinUniversity

I am not being paid or otherwise compensated by any company or cryp..

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

Since 2009, we have seen the most money printing and monetary debasement ever engineered by a major central bank that presides over a global reserve currency. Unfortunately over that time period, gold has been a very poor store of value, underperforming tech stocks, trash companies, and trash food companies.

One of the biggest problems is that gold is just not that scarce: there is a lot of it in space and even on earth. If gold inventories increase at just 1.50% per year, then the money supply of gold doubles every 46 years. This makes investing in gold like investing in a leaky boat.

By contrast, Bitcoin has a fixed supply, and is easy to verify, easy to store, and easy to transport across borders.

90% of gold's value comes from its monetary premium, which is rapidly being eroded by Bitcoin.

Shiny yellow rocks are beautiful, but a very poor investment and store of value.

Bitcoin is digital gold for a digital 21st century.

Not investment advice! Consult a financial advisor.

Watch the Fed's balance sheet explode:
https://fred.stlouisfed.org/series/WALCL

Bitcoin vs. Traditional Assets CAGR:
https://casebitcoin.com/

Giant asteroid has gold worth $700 quintillion:
https://theprint.in/opinion/giant-asteroid-has-gold-worth-700-quintillion-but-it-wont-make-us-richer/260482/

Mountain of gold discovered:
https://news.bitcoin.com/the-congolese-mountain-of-gold-surprise-discovery-in-africa-shows-metals-scarcity-is-hard-to-prove/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Monetary premiums for silver, gold, and Bitcoin:
https://pbs.twimg.com/media/D9uUPFnUIAEh1Qj.jpg:large

Indians moving away from gold:
https://www.thehindu.com/business/Economy/indians-moving-away-from-gold/article18307953.ece

Gen Z has a problem with gold:
https://www.livemint.com/money/personal-finance/gen-z-has-a-problem-with-gold-wgc-study-11573655003711.html

I am not being paid or otherwise ..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss how it is very easy to copy paste Bitcoin's code, TikTok's code, basketball game rules, and the English language-- as well as how difficult it is to copy paste network effects, which are what really matters.

You can copy Bitcoin's code, but it's impossible to bring along Bitcoin miners, nodes, hodlers, exchanges, wallets, Bitcoin's global brand, companies building on Bitcoin, etc.

Your new version of Bitcoin is not going to be able to catch up with El Salvador, Bitcoin Jungle, Bitcoin Beach, etc. Bitcoin already has a 15 year head start, and huge market cap north of $1 trillion.

Bitcoin remains the apex predator not just of currencies, but also of all assets, which continue to trend to zero against BTC.

Not investment advice! Consult a financial advisor.

Bitcoin software code:
https://github.com/bitcoin/bitcoin

TikTok clone software:
https://www.reddit.com/r/iOSProgramming/comments/j0g8ee/tiktok_clone_open_source/

Donkey basketball:
https://en.wikipedia.org/wiki/Donkey_basketball

Bitcoin mining map:
https://chainbulletin.com/bitcoin-mining-map/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Bitcoin network hashrate chart:
https://www.coinwarz.com/mining/bitcoin/hashrate-chart

Reachable Bitcoin nodes:
https://bitnodes.io/

Chart of eggs priced in BTC:
https://fred.stlouisfed.org/graph/?g=PUbY

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 Bitcoin 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..

Get access to the live classes, private forum, and course:
https://www.bitcoinuniversity.com/join

In this video, I highlight important Bitcoin news stories from the week that you may have missed, answer some viewer questions, and generally say things that increase my need for a personal security guard.

Not investment advice! Consult a financial advisor.

Bitcoin vs gold vs S&P 500 returns:
https://casebitcoin.com/

"Shadowy super-coders":
https://twitter.com/decryptmedia/status/1420083231576240130?lang=en

Why ETH is not a commodity:
https://twitter.com/mattkratter/status/1783619135978762690

Ethereum Is No Longer ‘Ultrasound Money’ After Dencun Upgrade:
https://decrypt.co/229992/ethereum-not-sound-money-eth-fees-deflation
https://twitter.com/_Checkmatey_/status/1788004252612546614

ETH focused too much on pump and dumps:
https://twitter.com/wtogami/status/1787677034077921303

SEC about to sue ETH staking pools?
https://unchainedcrypto.com/could-sec-have-case-against-liquid-staking-protocols-lido-rocketpool-metamask/

ETH continues to lose value against BTC:
https://twitter.com/TuurDemeester/status/1788920666223186060

Web3 VC's are miserable:
https://twitter.com/Pledditor/status/1787474221867626876

Time to sue Bankless for their DAO scam:
https://twitter.com/mattkratter/status/1787594974370160828
https://coinmarketcap.com/currencies/bankless-dao/

There are no rare sats:
https://twitter.com/parkeralewis/status/1786071786443952292

Pay for private jet travel with BTC:
https://twitter.com/CoinCorner/status/1788131731133866129

Donate to Open Sats here:
https://opensats.org/

Jack Dorsey donates $21 million to Open Sats:
https://twitter.com/OpenSats/status/1786715702235164824

FTX creditors get cash, not payment in kind:
https://www.theblock.co/post/293055/ftx-plans-compensation
https://www.prnewswire.com/news-releases/ftx-files-consensus-based-plan-of-reorganization-302138948.html

My Favorite Bitcoin Desktop Software (Sparrow Wallet):
https://www.youtube.c..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the problems with tokenizing real-world assets (RWA) and putting them on a blockchain.

RWA, whether tokenized or not, still need to rely on the existing judicial system and the police for enforcement of ownership.

By contrast, the Bitcoin network itself enforces ownership of its native asset, BTC.

Most tokenization schemes are just decentralization theater, with some premined tokens thrown in for the venture capitalists.

In most cases, you would be much better off using a centralized database (for speed, efficiency, UX) rather than a blockchain.

The one exception is Bitcoin-- blockchain plus distributed proof of work as the means of bringing neutral money to the world. Bitcoin's decentralization ensures that it cannot be controlled or captured as it could be if it were just running on a giant centralized database.

Not investment advice! Consult a financial advisor.

Pomp on tokenization:
https://twitter.com/APompliano/status/1774209866560602372

Larry Fink likes tokenization too:
https://www.forbes.com/sites/davidbirch/2023/03/01/larry-fink-says-tokens-are-the-next-generation-for-markets/?sh=8f5ec907bb1b

Tether does whatever the US government tells it to do:
https://www.coindesk.com/policy/2024/04/24/tether-will-freeze-wallets-evading-venezuelan-sanctions/
https://www.coindesk.com/business/2023/12/09/tether-freezes-41-crypto-wallets-tied-to-sanctions/

Premines and initial token allocations to insiders:
https://miro.medium.com/v2/resize:fit:1200/1*TayypeN1nRVdmikXjuy4hA.png

Tokenized gold is a joke:
https://www.youtube.com/watch?v=26bNpBsuHQ4&ab_channel=BitcoinUniversity

Map of reachable 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
#toke..

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com

In this video, I discuss Chris Pan's Ohio State University commencement address, and the crowd's disappointing reaction when he mentions Bitcoin.

It's especially disappointing considering that the most popular major at OSU is finance, and yet the audience seemed to have zero understanding of the money printing and inflation that Chris Pan was referencing.

It's also sad to see young minds end up so closed after a supposedly liberal education.

How much student debt did these students take on, to receive assistance in the closing of their minds by socialist professors?

We can also blame the "crypto industry" for its endless scams that give Bitcoin a bad name by association.

The biggest losers in this OSU audience will probably being the same people who in a decade will be asking the US government to tax and go after Bitcoiners "cuz it's not fair."

Not investment advice! Consult a financial advisor.

Chris Pan:
https://twitter.com/panchris

Chris Pan's speech:
https://twitter.com/ColumbusBitcoin/status/1787224207287374131
https://twitter.com/BitcoinNewsCom/status/1787650460507148718

OSU shared values:
https://oaa.osu.edu/complaint-and-grievance-systems

UTXO Management:
https://www.utxo.management/

Build on Bitcoin scam:
https://twitter.com/build_on_bob/status/1771175967060373631
https://www.finsmes.com/2024/03/build-on-bitcoin-raises-10m-in-seed-funding.html

Rare sats and inscriptions scam:
https://rare.b.tc/#ord

First and largest Bitcoin Rune is down 85% in a month:
https://protos.com/first-and-largest-bitcoin-rune-is-down-85-in-a-month/

Great tweets about the situation:
https://twitter.com/notgrubles/status/1787666970340409662
https://twitter.com/jasonadeane/status/1787757681207357905
https://twitter.com/charfadirepo/status/1787673066945847312
https://twitter.com/americanhodl8/status/1787863763020091547

I am not being paid or otherwise compensated by any company or cryptocurrency pro..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss how one could continue to use Bitcoin in a p2p manner to buy or sell goods and services-- even if all of the fiat off-ramps had been closed.

Bitcoin is censorship-resistant freedom money, that anyone can use without needing a license or permission. It's impossible to stop Bitcoin, or any other free and open source software (FOSS).

Eventually, the Bitcoin circular economy will bypass the fiat economy in many parts of the world:

You won't buy BTC.
Instead, you'll earn it.

You won't sell BTC.
Instead, you'll spend it.

Not investment advice! Consult a financial advisor.

Bitcoin: The Exits Are Closing:
https://www.youtube.com/watch?v=NCOpYKAZ5tw&ab_channel=BitcoinUniversity

An easy way for merchants to accept Bitcoin:
https://zaprite.com/

Buy wine with BTC:
https://twitter.com/BenJustman

Buy beef with BTC:
https://twitter.com/JasonWrich

Buying food in Bitcoin Jungle:
https://twitter.com/francispouliot_/status/1787278232464589034

Find BTC merchants everywhere:
https://btcmap.org/

BlueWallet:
https://bluewallet.io/

Phoenix Wallet:
https://phoenix.acinq.co/

Mutiny Wallet:
https://www.mutinywallet.com/

Sparrow Wallet:
https://sparrowwallet.com/download/
https://github.com/sparrowwallet/sparrow

SeedSigner:
https://seedsigner.com/

Bitcoin 6102 attack:
https://twitter.com/Fredvs79/status/1787491971654656421

Bitcoin should become a political third rail:
https://twitter.com/Ragnorosis/status/1787489100867498163

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 Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial a..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss how the Nigerian government and central bank have increasingly sought to prevent Nigerians from escaping from the naira into Bitcoin.

In addition to blaming "speculators" and "crypto investors" for the naira's collapse (which can be attributed rather to Nigerian central bank money printing), the Nigerian government is now seeking to prevent p2p Bitcoin transactions, which is clearly impossible.

We can expect something similar to happen in the US, as the US dollar continues to lose purchasing power and people seek to exit the fiat system into Bitcoin.

Holding a spot Bitcoin ETF or leaving your BTC on an exchange will not provide the same protections against monetary debasement and confiscation.

For this reason, it is very important to buy real BTC and hold it on a hardware wallet.

Learn to use the tools today, before the exits have been completely closed.

Not investment advice! Consult a financial advisor.

Nigeria used to be more pro-BTC:
https://bitcoinmagazine.com/business/nigeria-binance-partner-for-economic-zone-in-west-africa
https://bitcoinmagazine.com/legal/nigeria-looking-to-legalize-bitcoin

Food price inflation in Nigeria:
https://www.bloomberg.com/news/articles/2024-02-27/nigeria-s-top-rice-dish-doubles-in-cost-as-inflation-hits-home

Nigeria Blocks Access to Bitcoin Exchanges:
https://www.nobsbitcoin.com/nigeria-blocks-access-to-bitcoin-exchanges-in-attempt-to-save-plummeting-national-currency/

Nigerian Authorities Blame Binance for 70% Naira Devaluation, Move to Issue Arrest Warrant Against CEO:
https://www.nobsbitcoin.com/nigeria-binance-p2p-standoff/

The Naira Crisis Is Fueling Bitcoin Adoption In Nigeria:
https://www.nobsbitcoin.com/the-naira-crisis-is-fueling-bitcoin-adoption/

P2P crypto ban imminent as Nigeria calls crypto a national security issue:
https://techcabal.com/2024/05/03/p2p-crypto-ban-imminent/

My Favorite Bitcoin Deskt..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss Jared Bernstein's ill-fated interview, in which he unsuccessfully attempts to explain money printing and MMT (Modern Monetary Theory).

The really tragic part is that central bank money printing disproportionately hurts the working class, which Bernstein has spent his career writing about and trying to help.

Keynesian economics and MMT are both forms of economic pseudoscience whose real purpose is to provide the theoretical justification for huge government interventions in the economy and the theft of private property through inflation and taxes.

Not investment advice! Consult a financial advisor.

Maggie De Block:
https://en.wikipedia.org/wiki/Maggie_De_Block

Food-based dietary guidelines for Belgium:
https://www.fao.org/nutrition/education/food-dietary-guidelines/regions/countries/belgium/en/

Fed's Yellen expects no new financial crisis in 'our lifetimes':
https://www.reuters.com/article/idUSKBN19I2NT/

Subsequent financial crises:
https://en.wikipedia.org/wiki/September_2019_events_in_the_U.S._repo_market
https://en.wikipedia.org/wiki/2020_stock_market_crash
https://en.wikipedia.org/wiki/2023_United_States_banking_crisis

US debt clock:
https://www.usdebtclock.org/

Interview with Jared Bernstein:
https://twitter.com/RnaudBertrand/status/1786272981058220187

Why inflation can actually be good for everyday Americans:
https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html

MMT:
https://en.wikipedia.org/wiki/Modern_monetary_theory

Hans-Hermann Hoppe on how to talk to modern economists and politicians:
https://twitter.com/TuurDemeester/status/1786390887204876565

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
#MMT
#economics

Disclaimer
Neither Bitc..

Join the private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum

In this video, I discuss the global centralization of Bitcoin hash rate, including Jihan Wu's control over Chinese mining pools.

I also discuss the differences between mining rigs (ASICs, hashers), mining farms, and mining pools.

Fortunately for Bitcoin, there is an eternal Mexican standoff between nodes, miners, and other parts of the Bitcoin ecosystem that makes Bitcoin very difficult to change or to attack.

Not investment advice! Consult a financial advisor.

SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator

Bitcoin Mechanic's article:
https://bitcoinmagazine.com/technical/are-mining-pools-becoming-a-problem-

Pie chart of Bitcoin mining pools:
https://mempool.space/mining

Bitmain:
https://www.bitmain.com/

AntPool & Bitmain Acting as 'a Pool of Pools':
https://www.nobsbitcoin.com/bitmain-antpool-pool-of-pools-report/
https://twitter.com/mononautical/status/1777686545715089605

Ocean Mining:
https://ocean.xyz/

Bitcoin Mining Pools Are Critically Centralized:
https://www.youtube.com/watch?v=bqaBPALIM6c&ab_channel=TFTC

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 Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educatio..

Learn how to buy non-KYC Bitcoin:
https://www.bitcoinuniversity.com

In this video, I discuss what "Bitcoin boating accidents" look like on-chain, as well as the problems with claiming that you lost your BTC.

KYC services help to associate your personal information with Bitcoin exchange withdrawal addresses. If your BTC moves on-chain, the tax authorities are probably going to conclude that you still have your private keys.

Not investment advice! Consult a financial advisor.

Classic Bitcoin boating accident meme:
https://twitter.com/GoingParabolic/status/1704143508074832371

Watching on-chain movement of 10 BTC:
https://mempool.space/address/bc1q5a5p68p8v823ujt5wddszvm0edyrw839l0mf5q

Monero Is Hot Potato Money:
https://www.youtube.com/watch?v=1LTT7wwyUAQ&ab_channel=BitcoinUniversity

Roger Ver arrested:
https://www.nobsbitcoin.com/roger-ver-indicted-for-tax-fraud/
https://twitter.com/Excellion/status/1785449447985701370

"Bitcoin University" Needs a History Lesson on Bitcoin:
https://www.youtube.com/watch?v=LFf1lHlYxgY&ab_channel=RogerVer

FBI Issues Warning Against Using 'No-KYC Cryptocurrency Money Transmitting Services':
https://www.nobsbitcoin.com/fbi-warns-americans-against-using-no-kyc-services/

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
#taxes

Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed a..

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Created 2 years, 8 months ago.

748 videos

Category Business & Finance