Toxic Bitcoin Saturday Is Back [eijEbn4Jlh]

2025-01-02T03:22:53-0600

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Get advanced Bitcoin education here: https://www.bitcoinuniversity.com/join In this latest installment of "Toxic Bitcoin Saturday," I answer viewer questions, and make some jokes at the expense of Bitcoin critics and shipcoiners. I discuss why XRP is less crypto, and more social disease, as well as why it's impossible to launch a new cryptocurrency that can displace Bitcoin. I also discuss the scenario of stock market collapse and bank runs that leads to inflows into Bitcoin, and a breakdown of Bitcoin's correlation with risk assets. When Bitcoiners say that "only Bitcoin matters" and that you should "ignore all crypto," it sounds pretty delusional and close-minded. In fact, it's the complete opposite. It's the distilled collective wisdom of a group of people who have seen one misguided or scammy project after another come after Bitcoin and fail. "Blockchain" is simply the worst form of database that exists. It has a very narrow use case when paired with distributed proof of work, and only then it makes good money (Bitcoin). There is no point copy pasting this, because you can never catch up with Bitcoin. You can't do Bitcoin 2.0 with proof of stake or added "features" (privacy, speed, etc) because of fundamental engineering tradeoffs: Add privacy at the base layer and you end up with possibility of inflation bugs. Speed up transaction speeds and you bump up against real-world constraints like block propagation speeds across the internet, etc. The sooner you understand that Bitcoin is the apex monetary asset and that nothing else matters, the better your life will be. Everything is trending to zero against Bitcoin, including all crypto. Not investment advice! Consult a financial advisor. The only holiday song you'll need this year: https://x.com/carlabitcoin/status/1867584499619705238 Rob Hamilton on the slow death of ETH: https://x.com/Rob1Ham/status/1868744022128287899 Solana will go the way of all shipcoins: https://x.com/TuurDemeester/status/1870189948873170978 Normies buying noise, instead of signal: https://x.com/PsychedelicBart/status/1867229927222735227 Old Thinkpad used to take down DOGE network: https://x.com/aejkohl/status/1867078471190712741 Roger Ver was not systematically censored: https://x.com/notgrubles/status/1867248139561996625 FUD surrounding BlackRock Bitcoin explainer video: https://x.com/TheDesertLynx/status/1869445485548671270 Members Of Congress Explain They Need Pay Raises To Keep Up With The Inflation They Caused: https://x.com/TheBabylonBee/status/1869872859851399483 Will a sell-off in equities crash Bitcoin? https://x.com/MickConz/status/1870128754107814364 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 #XRP Disclaimer Neither Matthew Kratter's 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.