Twitter Hacked, Bitcoin Secure (And No One Wants ETH)

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In this video, I discuss the recent Twitter hack, and what it means for Bitcoin.

I think that it is significant that in their moment of almost godlike power, the hackers asked for Bitcoin-- not gold, not Ethereum, not Cardano or Chainlink. While most illegal activities are committed worldwide using US dollars, Bitcoin is the most secure, first choice of anyone who wants security and ease of use. This bodes well for its eventual worldwide adoption.

Second, the Twitter hack shows the vulnerability of centralized platforms and networks. It is very easy to compromise a human gate-keeper to a centralized network. This is one of the many reasons that I prefer Bitcoin over other more centralized cryptos like Ethereum.

Not investment advice! Consult a financial adviser.

The Twitter hack:
https://www.bloomberg.com/news/articles/2020-07-15/elon-musk-bill-gates-appear-to-have-twitter-accounts-hacked

Evidence of Twitter shadow-banning and blacklisting:
https://www.theverge.com/2020/7/15/21326656/twitter-hack-explanation-bitcoin-accounts-employee-tools

Common PayPal scams:
https://www.paypal.com/tc/webapps/mpp/security/common-scams

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
https://www.trader.university/join

Use this secret coupon code to get a discount: YT99

#Twitter
#Bitcoin


Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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