Bitcoin Is Nothing

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In this video, I discuss how Bitcoin is actually nothing.

It has no leader, no lead developer, no headquarters, no employees, no tangible assets, and no other centralized points of failure. Bitcoin has zero attack surfaces.

Bitcoin is an economic constant, akin to the speed of light in physics, that can be used to measure everything else. You can denominate stocks, housing, money supply, and GDP in Bitcoin to see the truth. When you measure things in US dollars, your measuring stick is constantly changing its length. Bitcoin is economic truth and beauty.

Bitcoin is a social consensus, a decentralized movement that cannot be stopped.

The Bitcoin mind virus continues to spread, and people grow interested in it for its NGU technology, as well as the answers that it provides to age-old questions like "What is money?" and "What do central banks do?"

Not investment advice! Consult a financial advisor.

Can China destroy Bitcoin?
https://thenextweb.com/news/china-means-intent-destroy-bitcoin

No, it cannot:
https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/
https://www.globaltimes.cn/page/202106/1226598.shtml

Satoshi's farewell:
https://www.forbes.com/sites/peterizzo/2021/04/26/10-years-ago-today-bitcoin-creator-satoshi-nakamoto-sent-his-final-message/?sh=603907e410dd

Vitalik still here:
https://ethereum.foundation/about/board/
https://fortune.com/2017/06/26/vitalik-death/

Ethereum highly dependent on AWS and Infura:
https://www.theblockcrypto.com/post/84232/ethereum-infrastructure-provider-infura-is-down

It's easy to sue Ripple:
https://www.coindesk.com/ripple-responds-to-sec-lawsuit-over-xrp-sales

Bitcoin protected as free speech:
https://rosenlaw.com/wp-content/uploads/Freedom-and-Open-Source1.pdf

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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
#Cryptocurrency
#Decentralized

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