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In this video, I discuss James Baxter-Derrington's article "Whine all you want, Bitcoin is still worthless," as well as James Ball's article "Thanks to Trump, Bitcoin is booming."
Both articles are full of misinformation and outright howlers. While James and James believe that Bitcoin is useless and should be valued at zero, the global free market is valuing Bitcoin at $1.7 trillion. Could it be possible that the market is correct and James squared are wrong?
People find Bitcoin useful because you can store it without needing a bank account or brokerage account, you can send it to anyone in the world anytime without needing anyone's permission, and you can use it to protect your family's finances from the ravages of inflation.
Fortunately, Bitcoin is a voluntary, opt-in system and no one is forcing either James to use Bitcoin, unlike fiat money which is forced upon everyone at the barrel of a gun.
Not investment advice! Consult a financial advisor.
Top assets by market cap:
https://companiesmarketcap.com/assets-by-market-cap/
Prince James of Baxter-Derrington:
https://www.telegraph.co.uk/authors/j/ja-je/james-baxter-derrington/
Whine all you want, Bitcoin is still worthless:
https://archive.is/U32ie#selection-2439.4-2439.50
Telegraph up for sale after takeover collapses:
https://www.bbc.com/news/business-68926764
Global map of Bitcoin nodes:
https://bitnodes.io/
Monetary premiums for silver, gold, and Bitcoin:
https://x.com/real_vijay/status/1766549172436586786
More on monetary premiums:
https://www.youtube.com/watch?v=3wMIem8xF8E&ab_channel=BitcoinUniversity
Bitcoin is being used by people all around the world:
https://x.com/Bitcoinbeach
https://x.com/BitcoinJungleCR
https://thechainsaw.com/finance/bitcoin-island-boracay-philippines/
https://btcmap.org/
Bitcoin Lightning Network:
https://mempool.space/lightning
Bitcoin daily trading volume:
https://coinmarketcap.com/currencies/bitcoin/
Bitcoin annual settlement value:
https://x.com/BitcoinPierre/status/1769410679478353990
Can Bitcoin Actually Compete With Visa?
https://www.youtube.com/watch?v=Sr3ekjBEYKM&ab_channel=BitcoinUniversity
"Thanks to Trump, Bitcoin is booming":
https://x.com/jamesrbuk/status/1857711608899780860
Lots of people being debanked in the UK:
https://www.ft.com/content/925ad89b-bc39-42de-becb-1cd431264eba
Using Bitcoin to protect family finances:
https://bitcoinmagazine.com/culture/inside-lebanons-currency-crisis-how-hyperinflation-feels-
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
#ponzi
#bubble
Disclaimer
Neither Matthew Kratter's 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.
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