There's Nothing Special About Blockchain

Trader University
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𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
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In this video, I discuss why there is nothing special about blockchain.

In almost all cases, you are much better off using a centralized database, which is faster.

The only reason to use a blockchain is when decentralization and neutrality are more important to you than speed.

And the main use case for that is money, where you want to have a neutral stance towards everyone who interacts with the system.

That's why you don't want your money issued by a corporation or by a government. It's simply giving them too much control-- and that control always ends up with governments taking advantage of people and harvesting their life energy.

Satoshi's real innovation was not blockchain, but rather combining proof of work with a distributed network as a way to achieve consensus, without having to rely on a centralized 3rd party like a bank.

Not investment advice! Consult a financial advisor.

The Bitcoin white paper:
https://bitcoin.org/bitcoin.pdf

Greenpeace, Crypto Billionaire Lobby to Change Bitcoin Code:
https://www.bloomberg.com/news/articl...

Ethereum Post-Merge OFAC Compliant Blocks:
https://www.mevwatch.info/

Why Am I Such A Mean Bitcoin Maxi?
https://www.youtube.com/watch?v=16bSt...

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
#blockchain
#crypto

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