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In this video, I answer questions about Bitcoin, as well as covering the most important developments of the week, including the latest attack on Bitcoin mining in the US.
Not investment advice! Consult a financial advisor.
Mempool.space:
https://mempool.space/
UTXO management playlist:
Using Phoenix wallet:
Gandhi quote:
https://www.goodreads.com/quotes/8764432-first-they-ignore-you-then-they-laugh-at-you-then
Biden administration attack on Bitcoin mining:
JUST IN: The Biden Administration has issued an "emergency" data collection initiative to identify the electricity usage of the #Bitcoin mining industry in America 👀
Miners who do not comply are threatened with fines of up to $10,633 for EACH DAY they do not respond 😮 pic.twitter.com/NpxEGq5dXK
— Bitcoin News (@BitcoinNewsCom) February 1, 2024
Bitcoin mining growth is not an “emergency”.
The $3 trillion deficit, $34 trillion debt, and insolvent fiat banking system on the other hand…
— Pierre Rochard (@BitcoinPierre) February 1, 2024
Currently diving into this edict from the EIA against bitcoin mining operations in the US. It is extremely Orwellian.
It seems like they are trying to create a hyper-detailed registry of miners in the US down to particular ASICs. pic.twitter.com/tfZRhjugHe
— Marty Bent (@MartyBent) February 1, 2024
The US banking system may still be in trouble:
JUST IN: 🇺🇸 Fed removes the line, “The US banking system is sound and resilient” from today’s speech as New York Community Bancorp stock falls 40% this morning 👀😮 pic.twitter.com/MU5OGUOKT9
— Bitcoin News (@BitcoinNewsCom) January 31, 2024
Fed funds probability tool:
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
Bitcoin is a Trojan Horse, and Monero is not:
Monero runs up naked to the walls of Troy and gets slaughtered. BTC is the Trojan horse that helps to sack Troy.
— Matthew R. Kratter (@mattkratter) January 29, 2024
Bitcoin price target analysis:
Trying my hand at technical analysis. pic.twitter.com/LqTwFJUO8x
— HODL (@americanhodl8) February 1, 2024
If Bitcoin were a nation:
If Bitcoin was a nation:
population bigger than Germany
average age ~35 yr
Population growth ~20%
GDP growth (10 yr avg) ~50%
No debt
Most billionaires per capita
Most devs per capita
Tech/Internet native
Controls 1% global energy
Industrial growing ~60%/yrHow you not bullish?
— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) January 19, 2024
Bitcoin memes:
https://pbs.twimg.com/media/GFHjmLua4AAl178?format=jpg&name=medium
#Bitcoin is Idyllic. pic.twitter.com/LAJbV9WNhb
— Michael Saylor⚡️ (@saylor) January 25, 2024
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.
