Bitcoin Is Just Fine, Thank You

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In this video, I discuss the distinction between Bitcoin's fiat price (which is volatile) and the steady pace of Bitcoin adoption (which has proceeded by leaps and bounds since Bitcoin first hit these fiat prices in 2017).

Bitcoin is much cheaper today, on a risk-adjusted basis, than it was in 2017 at these same prices, since the probability of failure or successful fork is so much lower now.

Bitcoin continues to be viewed as a risk asset, and as such is vulnerable in the short term to the global repricing of risk assets that is happening due to the Fed's tightening.

Nevertheless, no government or central bank can stop Bitcoin or suppress its price in the long term.

Bitcoin is not dead.
It's not broken.
It hasn't been hacked.
The Bitcoin network has not crashed or been paused.

Don't accept any substitutes! There's only Bitcoin. Everything else is an unregistered security.

Nothing has changed with Bitcoin except its fiat price.
It still cannot be stopped by the government.
I can still send it to anyone in the world that I want to, without needing anyone's permission.
Bitcoin cannot be debased or diluted (21 million max supply)

Not investment advice! Consult a financial advisor.

Solana blockchain suffers new outage:
https://www.theblock.co/linked/149698/solana-blockchain-suffers-new-network-outage

Ethereum blockchain rolls back history:
https://www.coindesk.com/tech/2016/07/20/ethereum-executes-blockchain-hard-fork-to-return-dao-funds/

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

ETH flippening lol:
https://cheddar.com/media/ethereum-vs-bitcoin-is-the-flippening-upon-us

Bitcoin Dominance And The Flippening:
https://www.youtube.com/watch?v=064S5wfqrC0&ab_channel=TraderUniversity

Bitcoin dominance and # of altcoins:
https://coinmarketcap.com/

All alts trend to zero over time:
https://twitter.com/ShireHODL/status/1536099643733463041/photo/1

Bitcoin adoption continues apace:
https://www.npr.org/2021/09/07/1034838909/bitcoin-el-salvador-legal-tender-official-currency-cryptocurrency
https://explorer.acinq.co/
https://www.atmmarketplace.com/news/strike-integrates-with-shopify-to-enable-bitcoin-payments-to-merchants/

Bitcoin milestones and market cap:
https://twitter.com/MustStopMurad/status/1022169639386836992/photo/1

No, we're not all in this together:
https://twitter.com/LPCapitalChi/status/1536524360231665664/photo/1

Altcoiners never stop attacking Bitcoin:
https://hackernoon.com/bitcoin-is-outdated-tech-these-3-alternatives-should-be-on-your-radar-57cf806d34df
https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code
https://seekingalpha.com/news/3849341-ethereums-vitalik-buterin-says-cryptos-likely-wont-replace-fiat-money

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

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