Join Bitcoin University Premium:
https://www.bitcoinuniversity.com
In this video, I discuss the problems with using a metric like "Bitcoin dominance" when analyzing Bitcoin's market share and adoption.
Bitcoin dominance is defined as Bitcoin's market cap as a percentage of the total crypto market cap.
But not only does the Bitcoin dominance index include centralized, premined proof of stake coins, but it also includes melting fiat ice cube USD stablecoins like USDT and USDC. There is no rational reason to group such disparate categories together in the same index.
Bitcoin dominance is also a very misleading metric because the basket of coins is constantly changing and includes a lot of survivorship bias.
A true Bitcoin dominance index would also take into account traditional stores of value assets like gold, stocks, and real estate that Bitcoin continues to steal market share from.
True decentralization (as only Bitcoin possesses) might not matter to investors today, but it will be critical going forward as nation-state attacks on crypto and Bitcoin escalate.
Only Bitcoin is neutral, anti-fragile money--
And as such, will continue to eat the world.
Not investment advice! Consult a financial advisor.
Value Your Wealth In Bitcoin:
https://www.youtube.com/watch?v=u7-SKIqhOVU&ab_channel=BitcoinUniversity
Top 10 coins by market cap:
https://coinmarketcap.com/
Polygon is a VC coin:
https://www.cnbc.com/2022/02/07/sequoia-leads-450-million-investment-in-polygon-blockchain.html
Size of crypto premines and presales:
https://miro.medium.com/v2/resize:fit:1358/1*TayypeN1nRVdmikXjuy4hA.png
Cardano: Social Credit Scores For Kids:
https://www.youtube.com/watch?v=1STIeWSv0CE&ab_channel=BitcoinUniversity
Is Charles Hoskinson scamming Ethiopia?
https://kalkassa.medium.com/shitcoin-millionaire-cardano-in-ethiopia-d81273d02eff
Cardano Guy Says Turn Off Bitcoin:
https://www.youtube.com/watch?v=Xb0vNZcrqU0&ab_channel=BitcoinUniversity
Book says mean things about Hoskinson:
https://books.google.com/books?id=QEb8DwAAQBAJ&pg=PA166&lpg=PA166&dq=%22charles+hoskinson+would+prove+to+be+much+more+problematic+for+the+group%2C+however%22&source=bl&ots=eeSvgPJlU7&sig=ACfU3U3Rfaes_CvHDyKIDZYef2Zda2N2IA&hl=en&sa=X&ved=2ahUKEwiM-tKR3YH0AhWBK80KHWRLBMsQ6AF6BAgCEAM#v=onepage&q&f=false
Top coins in 2014:
https://coinmarketcap.com/historical/20140126/
Median sales price of US house:
https://fred.stlouisfed.org/series/MSPUS#001
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
#crypto
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.
https://www.bitcoinuniversity.com
In this video, I discuss the problems with using a metric like "Bitcoin dominance" when analyzing Bitcoin's market share and adoption.
Bitcoin dominance is defined as Bitcoin's market cap as a percentage of the total crypto market cap.
But not only does the Bitcoin dominance index include centralized, premined proof of stake coins, but it also includes melting fiat ice cube USD stablecoins like USDT and USDC. There is no rational reason to group such disparate categories together in the same index.
Bitcoin dominance is also a very misleading metric because the basket of coins is constantly changing and includes a lot of survivorship bias.
A true Bitcoin dominance index would also take into account traditional stores of value assets like gold, stocks, and real estate that Bitcoin continues to steal market share from.
True decentralization (as only Bitcoin possesses) might not matter to investors today, but it will be critical going forward as nation-state attacks on crypto and Bitcoin escalate.
Only Bitcoin is neutral, anti-fragile money--
And as such, will continue to eat the world.
Not investment advice! Consult a financial advisor.
Value Your Wealth In Bitcoin:
https://www.youtube.com/watch?v=u7-SKIqhOVU&ab_channel=BitcoinUniversity
Top 10 coins by market cap:
https://coinmarketcap.com/
Polygon is a VC coin:
https://www.cnbc.com/2022/02/07/sequoia-leads-450-million-investment-in-polygon-blockchain.html
Size of crypto premines and presales:
https://miro.medium.com/v2/resize:fit:1358/1*TayypeN1nRVdmikXjuy4hA.png
Cardano: Social Credit Scores For Kids:
https://www.youtube.com/watch?v=1STIeWSv0CE&ab_channel=BitcoinUniversity
Is Charles Hoskinson scamming Ethiopia?
https://kalkassa.medium.com/shitcoin-millionaire-cardano-in-ethiopia-d81273d02eff
Cardano Guy Says Turn Off Bitcoin:
https://www.youtube.com/watch?v=Xb0vNZcrqU0&ab_channel=BitcoinUniversity
Book says mean things about Hoskinson:
https://books.google.com/books?id=QEb8DwAAQBAJ&pg=PA166&lpg=PA166&dq=%22charles+hoskinson+would+prove+to+be+much+more+problematic+for+the+group%2C+however%22&source=bl&ots=eeSvgPJlU7&sig=ACfU3U3Rfaes_CvHDyKIDZYef2Zda2N2IA&hl=en&sa=X&ved=2ahUKEwiM-tKR3YH0AhWBK80KHWRLBMsQ6AF6BAgCEAM#v=onepage&q&f=false
Top coins in 2014:
https://coinmarketcap.com/historical/20140126/
Median sales price of US house:
https://fred.stlouisfed.org/series/MSPUS#001
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
#crypto
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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