✅ Get $250 Free And Earn 8.25% Per Year with BlockFi now - https://blockfi.com/tomheavey Is Bitcoin still a good investment today? Well, Michael Saylor recently shared why he believes Bitcoin will rise 100x further from today's price. In this video, I break down his thoughts and explain why I hold Bitcoin as a part of my portfolio. Original Video - https://www.youtube.com/watch?v=xy99aenM8Tk ? How I Find The Best Projects In Cryptocurrency: https://tom-heavey.teachable.com/p/invest-in-cryptocurrency-like-a-pro ?[50% Discount Using Coupon Code - HODL] ? ➡️ Get 2 FREE stocks worth $21 to $3,700 - https://act.webull.com/kol-us/share.html?hl=en&inviteCode=4k1W6Z3YipsA ? Follow me on Instagram - https://www.instagram.com/theavey19/ ➡️ Get $25 of Bitcoin Free: https://crypto.com/app/femnjq3e9z ➡️ Get An Extra $10 of Bitcoin Free: https://blockfi.com/?ref=7d7bf9db ➡️ How I Protect My Cryptocurrency: https://shop.ledger.com/pages/ledger-nano-x?r=42d8 ? ABOUT ME I'm Tom. I graduated university and realised I spent 4 years studying something I wasn't passionate about... I know, I probably should have realised a bit sooner. So I've spent the years since pursuing my true passion; educating people about personal finance and investing. I'm not the best on camera but, if you can overlook that, I hope to teach you about the important skill of finance with weekly videos. Follow along for the journey ? ? BUSINESS ENQUIRES tomheaveybusiness@gmail.com DISCLAIMER This is not financial advice. The speaker is not a qualified financial advisor. These videos are intended for entertainment and general information purposes only. Nothing herein shall be construed to be financial, legal or tax advice ... https://www.youtube.com/watch?v=vdb75lrLdxE

Welcome to the first video of our '3 minutes or less series' - a series of short videos designed to briefly explain a Cryptocurrency project. If you'd like to watch our full interview with Ren Protocol, click here - (Link coming soon) Ren Protocol is tackling the major issue of interoperability in the Cryptocurrency sector. First up, what is the blockchain interoperability problem? In their current form, blockchains such as Bitcoin and Ethereum cannot communicate with each other. They cannot share data, transactions and business logic cannot easily be ported over. Take MakerDAO as an example. Through the MakerDAO solution, the decentralised stablecoin known as Dai has been created. In order to maintain Dai's stability at a value of $1, it is collateralised by Ether. Ether's great, but when we're talking about collateralisation and maintaining stability, we would prefer to use a less volatile asset. While Bitcoin isn't the least volatile asset either, it does exhibit much greater stability than Ether. Therefore, wouldn't it be great to also use Bitcoin as collateral? While it would, the issue of interoperability rears its head. MakerDAO is built on Ethereum, not Bitcoin. As Bitcoin and Ethereum cannot communicate, we encounter the same old problem. In order to overcome this, some companies are producing what is known as 'wrapped Bitcoin'. This is essentially creating a token on Ethereum which represents Bitcoin, locking the Bitcoin away safely, and then using that wrapped Bitcoin token instead. In a sense, this would be using Bitcoin by proxy. However, the issue here remains that this is relying on a company, or group of companies, to store the Bitcoin safely and produce tokens. In the world of decentralisation, it almost goes without saying, but the end goal is to not rely on centralised parties. Ren Protocol introduces a truly decentralised solution to solve the interoperability issue. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ?‍?‍? JOIN US Telegram Community - https://goo.gl/zBKLAL Subscribe Here - https://goo.gl/8bDqQY The purpose of this video is educational, not financial. IMPORTANT: The description and content of this video are not updated over time. This market changes constantly. Descriptions that may be correct at the time of recording, may have changed since publishing. DISCLAIMER All sponsored content is clearly highlighted. If a disclaimer is not provided in the video, I have NOT received any compensation. This is not financial advice. The speaker is not a qualified financial advisor. These videos are intended for entertainment and general information purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video are solely the speak ... https://www.youtube.com/watch?v=wTIQpTRcRi4