3 years ago

225

𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.

In this video, I discuss whether Bitcoin should add a tail emission, both to secure the network after the last few sats are mined-- and also to mitigate against future Bitcoin scarcity caused by hoarding.

I conclude that changing Bitcoin's monetary policy would undermine Bitcoin's historical consistency and programmatic monetary policy, much as Ethereum has done, by changing both its consensus mechanism and its monetary policy often.

It's impossible to have "ultra-sound money" if your future monetary policy is variable or unknown.

Future hoarding should not be a problem, as we see with traditional assets like beach real estate, precious metals, etc. which are scarce and yet always available-- albeit at a high price, just like Bitcoin should achieve.

Lastly, Bitcoin has a higher hash rate and better global brand than any other proof of work competitors like Dogecoin.

Once you understand that proof of stake leads inevitably to your coin becoming captured, you realize that Bitcoin has already won the race before it's even over.

Not investment advice! Consult a financial advisor.

The problems with proof of stake (playlist):
https://www.youtube.com/playlist?list=PL7w04GVKPitEXH4FlFy2kOsCjM9WF-g58

DOGE tail emission:
https://www.realvision.com/blog/how-to-mine-dogecoin#:~:text=However%2C%20in%20the%20beginning%20of,flat%2010%2C000%20coins%20per%20block.

Monero tail emission:
https://www.getmonero.org/resources/moneropedia/tail-emission.html

DOGE hashrate chart:
https://www.coinwarz.com/mining/dogecoin/hashrate-chart

Hashrate converter:
https://coinguides.org/hashpower-converter-calculator/

My favorite Bitcoin dashboard:
https://bitcoin.clarkmoody.com/dashboard/

Bitcoin now has 94% of the market cap of proof-of-work coins.:
https://twitter.com/LynAldenContact/status/1570440145584750594

Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99

Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
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
#ethereum
#dogecoin

Disclaimer
Neither Trader 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 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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