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=Yohu_qzP25w
In this video, I discuss how to create your own high interest rate savings account using ETH and DeFi protocols like MakerDAO, Uniswap, and Aave.
This is a brand-new, permission-less form of online banking that runs on the Ethereum network and uses decentralized apps (DeFi protocols).
Transaction fees are still very high in this space, but should come down in the future, if Ethereum is able to scale.
DeFi is still very new and untested, so don't risk any money that you cannot afford to lose.
Not investment advice! Consult a financial adviser.
Loanscan:
https://loanscan.io/
Metamask wallet:
https://metamask.io/
Coinbase Pro:
https://pro.coinbase.com/trade/ETH-USD
MakerDAO and DAI:
https://makerdao.com/en/
My favorite stablecoin (DAI):
https://www.youtube.com/watch?v=tX2ya5rcEjE&ab_channel=TraderUniversity
Uniswap:
https://uniswap.org/
Aave:
https://aave.com/
DeFi Pulse:
https://defipulse.com/
Crypto market caps:
https://coinmarketcap.com/
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
#DeFi
#Cryptocurrency
#Ethereum
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=wo3GEmJnkP0
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 various ways that a 51% attack on Bitcoin could be stopped by Bitcoin Core devs, full nodes, and ASIC manufacturers.
51% attacks are not as dangerous as many people believe. They CANNOT be used to rewrite the whole Bitcoin blockchain, print fake Bitcoin, increase the Bitcoin max supply of 21 million, steal your Bitcoin, or change any of the consensus rules.
They CANNOT be used to make a lot of money from double spends either, so it is unlikely that a profit-minded attacker would ever use it.
All that 51% attacks can do is to annoy people by making Bitcoin transactions take longer, censoring certain transactions, or temporarily stopping all Bitcoin transactions by mining a series of empty blocks.
To do a 51% attack, a government would need to buy, build, or steal a lot of Bitcoin mining rigs (ASICs), which is basically impossible to do without the world noticing.
So what happens when Bitcoiners learn that a 51% attack by the US government is on the horizon or has already started?
Bitcoin Core devs create one line of code that blacklists miners with US-based IP addresses and whitelists miners with overseas IP addresses. These devs cannot force full nodes to run this software, but economically incentivized Bitcoiners running nodes will certainly run it.
Mempools would also back up, leading to much higher transaction fees, that would incentivize more economically minded Bitcoin miners to plug in, thus reducing the attacker's % control of the hash rate.
Bitcoin has a very strong social layer (smart, wealthy) that will do everything in its power to defend Bitcoin. Nobody is just going to sit on the sidelines and watch Bitcoin die.
Once the 51% attack was over and the world saw the Bitcoin network still operating as usual--
There would be a mad rush to get some of this special money that even a nation-state attacker like the US government was unable to stop.
Not investment advice! Consult a financial advisor.
Watch this video first:
Why A Government 51% Attack Won't Work:
https://www.youtube.com/watch?v=FYhNNSLWX4g&ab_channel=TraderUniversity
Map of 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
#bitcoinmining
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=cYpLQtcBCNI
In this video, I discuss how a nation's stock market can go up sharply, even during bad economic times. Too much government debt can crowd out the private sector and force the central bank to sterilize or monetize the debt, by printing new money ex nihilo and buying the debt.
As U.S. federal debt has grown, foreign investors have scaled back their purchases, choosing instead to move their asset allocation away from Treasuries to physical gold. The inability to pick up yield through Fx-hedging these purchases has further accelerated the move away from foreign investors wanting to hold Treasuries. U.S. banks and the private sector were briefly able to take down this debt until late 2019 when the repo crisis showed that even domestic buyers did not have the capability to absorb so much debt.
As a result, the Federal Reserve has become the buyer of last resort for Treasuries, thus monetizing the debt, devaluing the dollar, and driving up the prices of stocks, gold, and Bitcoin. If this process drives the Dow to 100,000, it will be at the expense of the USD and our purchasing power.
Not investment advice! Consult a financial adviser.
U.S. debt clock:
https://www.usdebtclock.org/
Federal debt/total public debt:
https://fred.stlouisfed.org/series/GFDEBTN
The Fx-hedged Treasury trade stops working:
https://www.bloomberg.com/news/articles/2018-10-17/bond-traders-get-paid-big-to-dump-u-s-treasuries-and-go-abroad
U.S. repo rate spikes:
https://moneyweek.com/515762/us-repo-rate-spike-an-alarming-echo-of-the-financial-crisis
Watch the Fed's balance sheet grow:
https://fred.stlouisfed.org/series/WALCL
Federal debt held by international and foreign investors:
https://fred.stlouisfed.org/series/FDHBFIN#0
Why are stocks rallying when the economy is bad?
https://www.wsj.com/articles/why-is-the-stock-market-rallying-when-the-economy-is-so-bad-11588974327
Fastest growing sector of the labor market is employment at central banks:
https://twitter.com/TheStalwart/status/1258748588437446656
Venezuela GDP chart:
https://www.statista.com/statistics/370937/gross-domestic-product-gdp-in-venezuela/
Central bank gold reserves:
https://tradingeconomics.com/china/gold-reserves
https://tradingeconomics.com/russia/gold-reserves
https://tradingeconomics.com/united-states/gold-reserves
https://tradingeconomics.com/germany/gold-reserves
https://tradingeconomics.com/united-kingdom/gold-reserves
Zimbabwe stock exchange:
https://www.african-markets.com/en/stock-markets/zse
Worthless Venezuela money:
https://www.dw.com/en/venezuelas-worthless-currency-turns-into-bags-of-money/a-43833213
Caracas Stock Exchange Stock Market Index
https://www.bloomberg.com/quote/IBVC:IND?sref=SUTBRjfG
Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Mark
...
https://www.youtube.com/watch?v=eRflQnjJffo
Join the Trader University email list:
https://www.trader.university/email-list
In this video, I discuss the most recent FOMC statement, and its implication for the Fed's taper.
It appears that the Fed is determined to reduce purchases of long-term government debt by $10 billion every month, and the US Treasury is secretly cooperating by issuing less debt at the far end of the yield curve
The US government still needs to borrow massive amounts of money, which we would expect it to do at the front end of the curve (T-Bills). The Fed can then use its Money Market Mutual Fund Liquidity Facility (MMLF) to prop up the front end of the curve.
In this way, the Fed can have its cake and eat it too. Expect stocks, housing prices, and Bitcoin to continue to appreciate sharply, since it is likely that the Fed will need to keep the money printers going for the rest of this decade.
Not investment advice! Consult a financial advisor.
Fed begins taper:
https://www.cnbc.com/2021/11/03/fed-decision-taper-timetable-as-it-starts-pulling-back-on-pandemic-era-economic-aid-.html
Latest FOMC statement:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20211103a.htm
Daily Treasury yield curve rates:
https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield
The Fed is the elephant in the room:
https://www.bloomberg.com/news/articles/2021-11-02/stock-market-jerome-powell-federal-reserve-dominate-treasury-bond-trades
Money printer go brrr:
https://www.youtube.com/watch?v=O1hCLBTD5RM&ab_channel=TimvanHelsdingen
US debt clock:
https://www.usdebtclock.org/
Watch the Fed's balance sheet grow:
https://fred.stlouisfed.org/series/WALCL
US Treasury reduces long-term bond sales:
https://www.bloomberg.com/news/articles/2021-11-03/treasury-unveils-first-cut-in-long-term-debt-sales-since-2016
Money Market Mutual Fund Liquidity Facility (MMLF):
https://www.federalreserve.gov/monetarypolicy/mmlf.htm
What is a money market fund:
https://www.investopedia.com/terms/m/money-marketfund.asp
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.
#Fed
#Taper
#Stocks
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,
...
https://www.youtube.com/watch?v=oYlDv8taJXA
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.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
Join the Trader University email list:
https://www.trader.university/email-list
In this video, I discuss how to borrow against your Bitcoin for 0% interest using Abra.
This is not a product endorsement. Rather, I view it as an interesting window into the future of Bitcoin loans. Bitcoin is the ultimate liquid, pristine collateral, and as such will form the foundation of the new financial system.
With Abra, you can currently borrow 15% of the value of your Bitcoin (15% LTV loan to value) at a zero percent interest rate.
This could allow one to retain exposure to Bitcoin's upside, avoid paying taxes that are due when selling Bitcoin, and also purchase another asset like real estate that has both upside and utility.
The main downside here is that you have to trust Abra to hold your private keys. One also needs to be careful about how deep the next drawdown will be for Bitcoin. One would only get a margin call on a 15% LTV loan if Bitcoin went down more than 85% from its price at loan origination.
Not investment advice! Consult a financial advisor.
Abra Bitcoin loans:
https://www.abra.com/borrow/
The Future of Bitcoin Banking with Bill Barhydt:
https://www.whatbitcoindid.com/podcast/the-future-of-bitcoin-banking
Bitcoin Loans (The Ultimate Guide):
https://www.youtube.com/watch?v=Uvgg3j_uiVw&ab_channel=TraderUniversity
Using Bitcoin Loans To Buy Anything:
https://www.youtube.com/watch?v=MemwCbp0Y3I&ab_channel=TraderUniversity
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
#Loans
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 replac
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https://www.youtube.com/watch?v=r9wZB3jRCCc
In this video, I discuss more bad news for Ripple the company and for XRP the cryptocurrency.
Early investors are trying to sell shares of Ripple at a $6 billion valuation, which is well below where Ripple raised money in December 2019 at a $10 billion valuation. This is also a steep discount to the value of Ripple's XRP holdings, which are currently at least $14 billion. Insider selling at a deep discount provides an interesting window into what sophisticated investors believe Ripple XRP's future to be.
In addition, as the price of XRP has risen, it looks like Jed McCaleb (a co-founder) has increased the size of his daily XRP sales.
Retail investors who buy XRP are the bag-holders. As Warren Buffett is fond of saying, "If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy."
Bitcoin is the next Bitcoin.
Not investment advice! Consult a financial adviser.
Ripple XRP vs Bitcoin:
https://www.youtube.com/watch?v=rPxFcSXNB4A
Ripple (the corporation):
https://ripple.com/
Ripple XRP the cryptocurrency:
https://coinmarketcap.com/currencies/xrp/
Ripple raises money at $10 billion valuation:
https://ripple.com/insights/ripple-caps-record-year-with-200-million-series-c-funding/
Early investors trying to exit:
https://www.btctimes.com/news/investors-are-looking-to-offload-ripple-equity
Ripple executive leaves:
https://cointelegraph.com/news/ripples-1-billion-head-of-xrp-markets-quietly-leaves-job
Santander not using XRP:
https://cryptonews.com/news/this-is-why-santander-hesitates-to-use-xrp-7415.htm
https://cointelegraph.com/news/why-santander-doesnt-want-to-use-ripple-for-international-payments-yet
Watch Jed McCaleb dump his XRP:
https://dailyhodl.com/2020/08/04/ripple-co-founder-is-selling-1740000-xrp-per-day-according-to-crypto-monitor-whale-alert/
https://bithomp.com/explorer/rEhKZcz5Ndjm9BzZmmKrtvhXPnSWByssDv
Bitcoin for Beginners (2020):
https://www.youtube.com/watch?v=ZpDA682fDN0
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
#XRP
#Ripple
#Bitcoin
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
...
https://www.youtube.com/watch?v=eJKeq8saTrk
In this video, I discuss the coming Social Security and Medicare funding crisis, and how I think that it will be resolved.
If you add up Federal spending on Social Security, Medicare/Medicaid, defense, and Federal debt interest expense, it already exceeds revenue from tax receipts.
It is my belief that none of these programs can or will be cut. The U.S. will maintain its military spending levels due to lobbying from the defense industry, as well as the U.S. need to protect global trade routes and the economic infrastructure that props up the U.S. Dollar as a world reserve currency. We will not default (at least nominally) on our debt's principal or interest payments.
By 2021, outflows from Social Security will exceed inflows, necessitating dipping into the Social Security trust fund. That fund will be completely depleted by 2035 at current rates.
There are many reasons for the Social Security impending crisis, which include:
1) Lower fertility rates and higher life expectancies than were originally factored into the program, resulting in an aging work force.
2) The impending retirement of the Baby Boomer generation.
3) More unemployment and lower payroll taxes due to the COVID crisis and the lockdowns.
4) The Social Security trust fund has been earning less interest income, as Treasury yields have fallen over the past 20 years.
It is too politically risky for Congress to cut or alter retirement benefits, so it will become necessary for the Federal Reserve to print a massive new amount of U.S. dollars to monetize the Federal debt that will be necessary to keep these programs going.
I then discuss how newly created U.S. dollars make their way from the Federal Reserve through the primary dealers (big banks) to the U.S. Treasury, and thence to Congress and the Social Security Administration.
In this environment of central bank inflationary monetary policy and debt sterilization, assets like gold and Bitcoin should out-perform.
Not investment advice! Consult a financial adviser.
U.S. debt clock:
https://www.usdebtclock.org/#
U.S. Entitlement programs:
https://en.wikipedia.org/wiki/Mandatory_spending#Entitlement_Programs
What is Medicare:
https://www.medicare.gov/what-medicare-covers/your-medicare-coverage-choices/whats-medicare#:~:text=Medicare%20is%20the%20federal%20health,a%20transplant%2C%20sometimes%20called%20ESRD)
Social Security 2020 annual report:
https://www.ssa.gov/OACT/TR/2020/tr2020.pdf
The U.S. aging population:
https://www.usnews.com/news/best-states/articles/2019-09-30/aging-in-america-in-5-charts
U.S. defense spending:
https://www.pgpf.org/chart-archive/0053_defense-comparison
https://www.macrotrends.net/countries/USA/united-states/military-spending-defense-budget
Treasury holdings of Federal Reserve:
https://fred.stlo
...
https://www.youtube.com/watch?v=S0ZM2nlL0Is
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.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
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The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7TKEowg&ab_channel=TraderUniversity
Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity
In this video, I discuss the details of the FTX bail-out offer to BlockFi, which apparently includes the requirement that all existing shareholders get wiped out.
Contrary to their public statements, BlockFi is in serious trouble to be even contemplating such an investment. CoinDesk reported this weekend that Mark Yusko and Anthony Pompliano are trying to raise emergency equity capital as an alternative.
Either way, this is another lesson in the dangers of lending out your Bitcoin and crypto. In a bear market, the concern shifts from "return on capital" to "return of capital."
Not investment advice! Consult a financial advisor.
Is BlockFi About To Implode?
https://www.youtube.com/watch?v=SFow3o6EkRw&ab_channel=TraderUniversity
BlockFi gets $250 million credit offer from FTX:
https://www.coindesk.com/business/2022/06/21/blockfi-receives-250m-credit-facility-from-ftx/
BlockFi and Voyager Bailouts (Is Your Money Safe Now?)
https://www.youtube.com/watch?v=AQEJ7giBw4w&ab_channel=TraderUniversity
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout:
https://www.coindesk.com/business/2022/06/25/morgan-creek-is-trying-to-counter-ftxs-blockfi-bailout-leaked-call-shows/
Weaselly lawyer language:
https://twitter.com/BlockFiZac/status/1539216595729453056
BlockFi's paternalistic lecture:
https://twitter.com/BlockFi/status/1539658861287710720
The best time to raise money is when you don't need it:
https://twitter.com/BlockFi/status/1539658864500641792
All major crypto lenders probably dead:
https://twitter.com/twobitidiot/status/1540830959825731584
Goldman wants to use your money to bottom fish:
https://fortune.com/2022/06/24/goldman-sachs-celsius-assets-crypto/
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.
#blockfi
#bitcoin
#bitcoinnews
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=3xy11ng9_YE
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.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
Join the Trader University email list:
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In this video, I discuss seeing with "Bitcoin eyes," and the stark differences between a Bitcoin mindset and a fiat mindset.
A fiat mindset is focused on short-term thinking and views Bitcoin as a high-beta risk asset.
A Bitcoin mindset looks at Bitcoin from first principles and views Bitcoin as a low-risk store of value.
Similar to Amazon and its volatile stock price, people often look at Bitcoin and miss the forest for the trees.
Not investment advice! Consult a financial advisor.
Bitcoin FUD dice:
https://www.onthebrink.shop/products/fud-dice
Amazon a failure?
https://www.theguardian.com/technology/2001/mar/15/internetnews.onlinesupplement5
Is Amazon a cult?
https://www.seattleweekly.com/news/how-i-escaped-from-amazon-cult/
Amazon Web Services (AWS) a risky bet?
https://www.bloomberg.com/news/articles/2006-11-12/jeff-bezos-risky-bet
https://247wallst.com/technology-3/2022/05/03/amazon-web-services-is-worth-1-trillion/
Is Bitcoin a cult?
https://medium.datadriveninvestor.com/bitcoin-isnt-dead-but-it-is-a-cult-1183b4d2318f
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
#fiat
#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=8KTl1mq5svo