Get my new Bitcoin book: https://www.amazon.com/gp/product/B08RX8Q4ZQ In this video, I discuss a simple way for the US government to capture and destroy Bitcoin: simply allow most of the world's Bitcoin to accumulate at a few custodians, and then seize those custodians. This could, of course, be carried out by any hostile government, not just the US. The solution is for every Bitcoiner to withdraw their Bitcoin from their exchange or app, and hold it on a hardware wallet in a single-sig or multi-sig solution. "Not your keys, not your coins." Centralized pools of Bitcoin are a threat to the individual holders, as well as to the entire Bitcoin ecosystem. We do not want a repeat of US Executive Order 6102, where the US government seized its citizens' gold. This seizure was made possible by the fact that most US gold was already sitting in centralized locations like bank vaults. Crypto exchanges and regulated custodians are a very bad Layer 2 scaling solution for Bitcoin. Not investment advice! Consult a financial advisor. Coinbase trending #1 in app store: https://twitter.com/JoePompliano/status/1453544075626487809 The largest Bitcoin custodians: https://custody.coinbase.com/ https://www.bitgo.com/services/custody/qualified-custody/ When the US government seized gold: https://en.wikipedia.org/wiki/Executive_Order_6102 The threat of an unrealized capital gains tax in the US: https://www.youtube.com/watch?v=iGQzBhF3UDI&ab_channel=TraderUniversity Trezor hardware wallet: https://trezor.io/ Blockstream Jade hardware wallet: https://blockstream.com/jade/ Check out my online trading courses: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 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 #Coinbase #Cryptocurrency 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. ... https://www.youtube.com/watch?v=fqBrYjm9I0w

Join Bitcoin University Premium: https://www.bitcoinuniversity.com In this video, I discuss whether governments or central banks could use Bitcoin futures to try to suppress the price of Bitcoin. Paper Bitcoin: 1) Bitcoin IOU (you leave your BTC on FTX or Celsius or Coinbase and they tell you that they own Bitcoin for you, while they may or may not actually have it when you ask for it) 2) Derivatives like futures that track the price movement of BTC Paper Bitcoin cannot be moved on the Bitcoin network, and offers none of Bitcoin's special features like censorship-resistance, permissionless sending, or scarcity. When a government prints money to come up with margin for Bitcoin futures, it is pumping the price of BTC in that currency, while trying simultaneously to suppress the price of BTC by going short those futures. If any faith in that sovereign is lost or diminished, the result could be the mother of all short squeezes, as the currency fails and thus Bitcoin's price in that currency trends towards infinity, thus bankrupting the sovereign through its short futures position. When it comes to Bitcoin, if you go short you will go broke. Every single person or entity that shorts Bitcoin will eventually go bankrupt. Not even sovereigns are immune. A rational government will not try to fight the soundest money ever discovered (Bitcoin). Rather than trying to short it, a rational government or central bank will print money and buy BTC. So while the US is trying to keep down the price of BTC by shorting BTC futures, other countries may be trying to drive up the price of Bitcoin by going long BTC futures. Willy fails to mention that the dynamic can work both ways: BTC futures and other derivatives can also be used to drive up the fiat value of BTC, and probably will be, given the human tendency to prioritize greed over everything else. Not investment advice! Consult a financial advisor. GATA: https://www.gata.org/ Willy Woo's tweets: https://twitter.com/woonomic/status/1705889626689515832 https://twitter.com/woonomic/status/1705038126912340199 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 #futures 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. ... https://www.youtube.com/watch?v=iccjLP4-6CY

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 whether Bitcoin could survive a nuclear war. I conclude that (like cockroaches, viruses, and cannabis) Bitcoin is extremely difficult to completely wipe out globally. There are many tens of thousands of copies of the Bitcoin blockchain globally distributed and held by nodes worldwide. Just a single copy of it would be sufficient to reboot Bitcoin, once the electricity and semiconductor plants are restored. By contrast, it's not at all clear whether government money, government paper, stocks, bonds, or other "paper wealth" would survive a nuclear war. And even if they did, it's highly likely that they would get partially or entirely confiscated as part of a global financial system reboot. Bitcoin remains the most durable and robust currency for the world, in both good times and apocalyptic scenarios. Not investment advice! Consult a financial advisor. Map of Bitcoin nodes: https://bitnodes.io/ Adam Back says there are 100k nodes: https://twitter.com/adam3us/status/1314929096695013378 Oldest viable seed: https://en.wikipedia.org/wiki/Oldest_viable_seed Bitcoin and cockroaches survive nuclear wars: https://i.kym-cdn.com/photos/images/original/002/332/984/ac0.jpg The Bonsai Tree That Survived the Bombing of Hiroshima: https://www.smithsonianmag.com/history/390-year-old-tree-survived-bombing-hiroshima-180956157/ 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 #nuclearwar #crypto 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. ... https://www.youtube.com/watch?v=3LvjjdgKLKc

In this video, I discuss Bitcoin's biggest advantage: it started small, was able to grow organically under the radar, and now has massive hashing power securing the network, as well as a decentralized structure. Any competitor to Bitcoin in its function as a "store of value" will either need to start small and under the radar, in which case it will probably never be able to catch up to Bitcoin, and the institutional adoption that is now taking place. Or it will need to start large and centralized and well-funded, and thus will be subject to all of the problems that centralization brings (risk of fraud, single points of failure like the tech team or CEO, etc). Bitcoin has the largest market cap, the most hashing power to secure the network, the most mind share, all while still remaining decentralized. It is a combination that will prove almost impossible to beat. I believe that Bitcoin will continue to grow and take market share (probably from gold and real estate), eventually emerging as mankind's central "store of value." This implies a market cap for Bitcoin in the tens of trillions. Not investment advice! Consult a financial adviser. EOS and how not to launch an altcoin: https://thenextweb.com/hardfork/2018/06/08/eos-mainnet-nightmare/ Map of global Bitcoin network: https://bitnodes.io/ Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 #Bitcoin #BitcoinAnalysis Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, 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. ... https://www.youtube.com/watch?v=UU44F7op5Zc