Bitcoin: Swiss Army Knife, or Sword?

Join Bitcoin University Premium: In this video, I discuss Bitcoin the Sword vs. Bitcoin the Swiss Army Knife. Bitcoin allows anyone in the world-- To send value To receive value To store value-- In a self-sovereign way. That’s good enough. That’s ambitious enough. That’s a $500 trillion total addressable market. This is Bitcoin, the Sword. In an effort to add more functionality at the base layer to Bitcoin, we need to be careful that we don’t unintentionally break Bitcoin’s core functionality of being freedom money for the world. Destroying Bitcoin the Sword in an attempt to turn it into Bitcoin the Swiss Army Knife would be a disaster for humanity. It’s not just the known unknowns that we should be worried about-- It’s also the unknown unknowns and unintended consequences that we should be most fearful of. Even a tiny change to blocksize, miner incentives, etc could have cascading and possibly even fatal consequences for Bitcoin. Not investment advice! Consult a financial advisor. Liberal Bitcoin vs. Conservative Bitcoin: Bitcoin= Free Speech Repository? Someone Put the Tiananmen Square ‘Tank Man’ Image in the Bitcoin Blockchain to Troll China: Nic Carter’s lack of humility: 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 or (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.