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RE: You think you know about Bitcoin? You don't know Jack! Listen up....
Exactly what I've been thinking re: shut the internet off or EMP. Great analogy/storyline of early gold mining and bitcoin mining difficulty curves.
HAHA real time laugh as you threw the money in the air. You should start public speaking. Solid flow, knowledge, logic and entertainment.
Bankers also don't like it because it makes them obsolete. Peer to peer is the greatest selling point as you highlighted. No middle men, cheaper and faster!
How will Bitcoin remain useful while my Exodus wallet costs me .05 BTC to transfer from it and has been this way for weeks? That's my concern.
Good concept about the bankers accumulating it and overpowering the market by their manipulation via their holdings to short eventually.
Thanks!
I'm glad your got some worthwhile info from one of my videos....and some good laughs! That's a win!
Could you possibly address the high bitcoin network fees in an upcoming video? That's something that has me a bit worried, especially as newer investors see/feel them, and what might lead fresh investors to seek alternatives without knowing the deeper history of BTC. My Exodus network FEE to send a modest size of Bitcoin from mining to my Nano is ".05" Bitcoin and has been that for a week+ .
Not sure how to move BTC right now from there and not sure when it'll alleviate if more people will be pounding the network. Bitcoin Cash will start chirping more about it too.
Convert your BTC ( or ETH ) to LITECOIN ( LTC) and then transfer that to another place and convert it back to BTC.
LTC is fast and free transfers.
You will take a few hits from the conversion but it's nowhere near as high as BTC.. or as long.
Hope that helps!
Completely agree there, but not all states allow for Shapeshift to be used, which is embedded in Exodus.