There are a lot of myths about who controls Bitcoin's code. Some say miners control the code, while others claim that the developers do. Neither is true. Due to its decentralization, everyone is able to control Bitcoin's code. Bitcoin acts like a democracy rather than a dictatorship. This allows Bitcoin to remain decentralized while still being able to update and change. ... https://www.youtube.com/watch?v=ikNduXSO_TQ
5 Things Everyone Should Know About Bitcoin:
https://youtu.be/vi5Og9ukWQ8
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The Books Mentioned In This Video:
The Bitcoin Standard:
https://amzn.to/3qQCHPk
Digital Gold:
https://amzn.to/3pixShh
Mastering Bitcoin:
https://amzn.to/3XlVf67
A Progressive's Case For Bitcoin:
https://amzn.to/3NpRcRY
Debt: The First 5000 Years:
https://amzn.to/466YbYi
Cryptonomicon:
https://amzn.to/3CCJT43
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Check Out My Article on the Best Bitcoin Books:
https://basicallyblockchain.com/the-best-books-about-bitcoin-to-read/
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Bitcoin is a very complicated topic that takes a long time to really understand. A great way to learn about it is through reading. This video contains some of the best books about Bitcoin. The Books on this list are favorites like The Bitcoin Standard and Mastering Bitcoin. Along with newer releases like A Progressive's Case For Bitcoin.
While these aren't all of the great books about Bitcoin they are a few that can help you get started. After reading some of these hopefully, it will open up a doorway to more books about Bitcoin that you find useful.
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#bitcoin #crypto #investing
Check out my video on Five Things you NEED To Know About Bitcoin:
https://youtu.be/vi5Og9ukWQ8
Balaji's Full Thread:
https://twitter.com/balajis/status/1636822077775941633
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Balaji Srinivasan believes that Bitcoin will hit $1,000,000 in the next 90 days. He is so sure in fact that he has made a million-dollar bet on Twitter. If Bitcoin is worth over one million dollars in 90 days he will receive one Bitcoin. If it is worth less then Twitter user James Medlock will receive one million dollars in USDC.
Balaji, former CTO for Coinbase, believes that Bitcoins price will skyrocket due to hyperinflation with the US Dollar. In the last month several major banks, such as Silicon Valley Bank, have failed causing the federal reserve to print more money. In Balaji's opinion, this is only the beginning and we will soon see many investors fleeing to Bitcoin for safety.
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#crypto #nft #investing
In this video, we'll talk about a picture of a rock that sold for $1.3 million.
Yes, really. In 2021 a project known as Ether rock had one of its NFTs sell for $1.3 million. Ether Rock was one of the first NFT projects and has become a collector's item. Even today the 100 Ether Rock NFTs still sell for several hundred thousand dollars.
Subscribe if you want to see more Bitcoin and Crypto related content:
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https://www.youtube.com/watch?v=tYCyzydu7sU
My Cryptocurrency Iceberg Videos:
https://www.youtube.com/watch?v=Psh5QOTDM_I&list=PLUbmxVY0GTUWJlmGCGiQWSuGOrj0saCA1&index=1
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Books:
Mastering Bitcoin
https://amzn.to/3SWFvo3
The Bitcoin Standard:
https://amzn.to/3L8583v
Youtube Channels:
Virtual Blake
@virtualblake
Andreas Antonopoulos:
@aantonop
Podcast:
What Bitcoin Did:
@WhatBitcoinDid
My Twitter:
https://twitter.com/VirtualBlake
*Disclosure: This description contains affiliate links, which means that if you click on one of the product links and make a purchase, we may receive a commission.
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If you are new to Bitcoin things can be overwhelming at first. Honestly, you would probably have more questions than answers. So here are 5 things that I wish I would've known when first getting into Bitcoin.
Firstly, everything in the crypto space should be treated as a scam until proven otherwise. This includes Ponzi schemes and even, once, well-respected businesses like FTX.
Secondly, people should learn everything they can about Bitcoin. People like Andreas Antonopolous have a lot of wisdom and insight into what Bitcoin is and how it works. Books like the Bitcoin standard and Mastering Bitcoin can provide great foundations of knowledge. And the podcast 'What Bitcoin Did' can help you expand that knowledge.
Thirdly, you should not expect to get rich quick from Bitcoin, as the cryptocurrency's price is now more stable than it was in the early days. Instead, you should be more focused on how Bitcoin is helping to make the world a better place.
Fourthly, self-custody is important to know. For many investors exchanges hold their Bitcoin. With self-custody, you hold your own Bitcoin and no one else but you can control it. Using a hardware wallet can be one of the safest ways to store Bitcoin.
Fifthly, no on else is going to understand Bitcoin or crypto. While it may be a big part of your life these sorts of things are not going to be something that the average person wants to talk about. So find ways to connect with other people who like Bitcoin online.
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Bitcoin is not a scam. Over the last 14 years, Bitcoin has gone from nothing to spawning an entire cryptocurrency industry. This industry is now worth billions of dollars and many people worldwide have invested in it. Many fans and haters have emerged with the quick rise of Bitcoin and the cryptocurrency industry. Some claim that Bitcoin is an outright scam looking to steal the money of those who invest in it. That isn't true and in this video, I explain why.
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For years now the Bitcoin whitepaper has been hidden inside every Mac. Andy Baio discovered a copy of the whitepaper on his Mac while trying to fix his printer. He then asked his friends if it was also on their Macs. To his surprise, most of them said yes.
Why is a copy of the Bitcoin Whitepaper hidden in every Mac since 2018?
While nobody knows for sure, it was likely just used by Apple employees for testing purposes.
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https://www.youtube.com/watch?v=FxVzbio30Zs
Should I Buy Bitcoin? It's a question that almost everyone asks themselves after they learn about Bitcoin. It's a complicated question that won't have the same answer for everybody. In this video I go over the reasons that many people do and don't invest in Bitcoin so that you can decide for yourself what would be best for you.
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00:00 Intro
01:02 Why You Should Invest In Bitcoin
04:17 Why Not To Invest In Bitcoin
07:07 Ending
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https://www.youtube.com/watch?v=MnA2Ga0XYOM
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Recently one of the largest crypto events took place. The stable coin TerraUSD (UST) lost the peg it had with the US Dollar and began to crash. This was a massive issue because both UST and Terra (LUNA) were very large coins with Billions of dollars invested into them.
Several large sales of UST caused the coin to slightly lose its peg to the dollar. This event along with the overall downturn in the crypto market scared investors and caused a mass sell-off of both LUNA and UST. As time has gone on both LUNA and UST are now practically worthless marking one of the largest disasters in crypto history.
Do Kwon the founder of Terraform Labs and The Luna Foundation Guard (LFG) had known this was a possibility and was working on a backup plan to keep UST pegged to the dollar. This plan involved buying billions of dollars worth of Bitcoin in an attempt to make a reserve for UST. Anytime UST lost its peg with the dollar it could be traded in for $.98 Bitcoin. This would shrink the supply of UST eventually getting its price back to $1.
The only issue was that this system was still weeks away from being implemented. So, another plan had to be put together on the spot. The plan they came up with involved loaning out their Bitcoin reserves in an attempt to buy as much UST as possible to get the price back to $1. Ultimately, this plan failed and UST continued to fall. The future of the Terra ecosystem looks bleak as both its coins have completely lost their value.
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Covid has had a very negative impact on all our lives. Some good has potentially come from it as well though. Covid has helped many Americans and people all over the world see the issues in many of our systems. This has led many to look for a solution, bringing them to Bitcoin. Many of the people getting into Bitcoin and crypto now aren't just doing it for the money. They are also looking for a way to better our society.