Answering Common Bitcoin FUD

1 year ago
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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

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