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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 how critics of “Bitcoin maximalism” are looking quite foolish now, after criticizing Bitcoiners for trying to steer people away from “crypto.” Anyone who got out of “crypto” before the recent FTX blow-up is feeling quite grateful at the moment.
Pushers of DeFi are also trying to spin the situation, to distract people away from how centralized and controlled the DeFi ecosystem still is.
I talk about the ongoing problems and sketchy past of Crypto.com, as well as the de-pegging of wrapped BTC and wrapped ETH on Solana.
Bitcoin maximalists have been proven right, and will continue to be proven right.
Bitcoin is the original decentralized finance (DeFi).
Not investment advice! Consult a financial advisor.
Those toxic Bitcoin maximalists:
https://www.coindesk.com/layer2/2022/10/11/the-rise-and-fall-of-bitcoin-maximalism/
Trying to warn people about BlockFi:
https://twitter.com/ob_hodl/status/1591741416551620609/photo/1
Crypto Casino Implodes (Is Your Money Gone?):
Crypto.com appears quite incompetent:
https://cryptonews.com/news/cryptocom-sends-400-million-worth-of-ethereum-wrong-address-binance-ceo-warns-users-stay-away.htm
It was supposed to be a move to a new cold storage address, but was sent to a whitelisted external exchange address. We worked with Gate team and the funds were subsequently returned to our cold storage. New process and features were implemented to prevent this from reoccurring.
— Kris | Crypto.com (@kris) November 13, 2022
Kris Marszalek has a questionable past:
Prior to launching crypto dot com, Kris Marszalek ran Ensogo, a voucher ponzi scheme.
Image below is from an Ensogo customer trying to get his money back.#CryptoCom #Ponzi pic.twitter.com/tfiYuZ8aaW
— Bitcoin vs. Gold (@VersusBtc) November 14, 2022
https://www.techinasia.com/ensogo-customers-merchants-feel-ripped-company-answers
Bankless guys trying to spin this disaster:
Why does an industry of trustless systems keep trusting in sociopathic scammers?
A fair question.
Every time we prioritize short term price over long term values it always catches up with us.
To go forward we must go back.
Back to decentralization.
— RYAN SΞAN ADAMS – rsa.eth ??? (@RyanSAdams) November 13, 2022
FTX failed because it was regulated by governments not by code.
DeFi didn’t fail because it was already regulated by code.
Code is regulation.
— RYAN SΞAN ADAMS – rsa.eth ??? (@RyanSAdams) November 13, 2022
DeFi does not have “decentralization roots”:
Alt people are like: "We need to go back to our decentralization roots!"
Uhh what decentralization roots? Your roots are people cloning the Bitcoin repo and premining 90% of total supply for insiders.
— magic internet moneyist (@notgrubles) November 13, 2022
Lots of pre-mines and pre-sales:
https://miro.medium.com/max/1400/1*TayypeN1nRVdmikXjuy4hA.png
Wrapped BTC and wrapped ETH on Solana depeg:
https://thedefiant.io/solana-btc-eth-depeg
https://www.coingecko.com/en/coins/wrapped-bitcoin-sollet
https://www.coingecko.com/en/coins/wrapped-bitcoin-sollet
Ethereum validators enforcing OFAC censorship:
https://www.mevwatch.info/
MakerDAO Votes to Custody .6 Billion in USDC With Coinbase:
https://decrypt.co/112808/makerdao-custody-usdc-coinbase
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
#defi
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"If you don't value your time, neither will others. Stop giving away your time and talents_start charging for it." _Kim Garst
Always make me feel better with these videos. Keep it up
Hey Matthew, I left a comment earlier today detailing my experience with buying bitcoin at a cash ATM, versus the experience of buying from an exchange. It was a bit lengthy and included some specifics that maybe were a bit too much for a Youtube comment. I'm just wondering if you had purposefully removed it (which is fine if you did, it's your channel) or if Youtube did because I'm finding it a bit hard to leave certain messages in the Youtube comments lately when they contain certain key words.
I just wanted to share my experience with you and your viewers, whoever might have bothered to read it. I was really curious to see how it worked and what it involved and it was a good learning experience for me, so of course I wanted to return the favor and share. Again, no biggie if it got removed for good reason, I'm wondering where it went, or if you even had a chance to read it.
Thanks!
Bet you would have sold those bitcoins now. $10,000 coming..
Bought my second BTC miner and I'm running a full BTC node. Doing my small part to help the network.
Really disappointing that Peter McCormack has been promoting a lot of these ponzi schemes, I really enjoy his podcast. I hope he does better due diligence in future.
HODL
I read a book by EB Tucker this weekend. Love to find out what you think of this theory. He suggested that Satoshi may have been made up by the intelligence agencies and dropped on the free market to perfect the development of it. At a certain point FedCoin will be unleashed or Bitcoin taken over by the central bank. They will know every transaction a person makes. This makes it easy to tax, track, etc.
Matthew chapter 11:22 verse 14
‘And the defi shall age like milk ‘
Would love to see a figure how much money in total has been stolen through the last two years. Gme – Luna – Celsius – Ftx sagas.
Thanks Mathew your much appreciate your my goto for everything BTC and help me in my convictions in Bitcoin.
I work for a bitcoin company and we love your content, Matthew. Keep up the great work!
I've consumed a lot of content in the crypto and Bitcoin space over the years. I came into it with an open mind ready to listen to whatever people had to say on both sides of the fence. I made lots of mistakes, I admired the wrong people (*cough* SBF) but I kept learning and over time it became clear that most of the so called Bitcoin maximalists are generally very smart ethical people and are genuinely trying to help people understand the space because they've been through it all before and they've done deep research into the history of money, politics, economics, game theory, and so on.
But it 4 entities contribute over 70% of Bitcoin’s mining. What do you make of that?
Maximus Bitcoinus ?
It would be like calling a stoic person toxic
Can you please make a video about The Scourge? Vitalik is trying to convince people that the OFAC compliance issue can be resolved and they have a plan to.
"Ethereum co-founder Vitalik Buterin has added a new category of milestones to the Ethereum technical roadmap, one that aims to improve censorship resistance and decentralization of the Ethereum network."