Answering Common Bitcoin FUD
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https://www.bitcoinuniversity.com
In this video, I discuss common questions about Bitcoin including:
1) Its MIT license
2) Whether the NSA controls the SHA-256 hashing algorithm
3) Whether the government knows who Satoshi is
4) Bitcoin's speed
5) The price of Bitcoin and Bitcoin transaction fees
6) Bitcoin's scalability
7) Bitcoin's energy usage
I conclude that Bitcoin has a robust, anti-fragile design and will continue to take market share from traditional stores of value like gold and real estate.
Bitcoin is hope-- and its future is very bright indeed.
Not investment advice! Consult a financial advisor.
MIT License:
https://en.wikipedia.org/wiki/MIT_License
https://github.com/bitcoin-core/bitcoincore.org/blob/master/LICENSE
SHA-256 and the NSA:
https://en.wikipedia.org/wiki/SHA-2
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-calculator
FedWire annual statistics:
https://www.frbservices.org/resources/financial-services/wires/volume-value-stats/annual-stats.html
Cambridge Bitcoin Energy Consumption Index:
https://ccaf.io/cbnsi/cbeci/comparisons
Bitcoin, Gold, ESG, and Porn:
https://www.youtube.com/watch?v=k39GDkjvMRI&ab_channel=BitcoinUniversity
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
#FUD
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.
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