Great video! I'd love to see a series of shorter videos explaining Bitcoin step by step. Many folks I've spoken to are hesitant to dive in due to the complexity. Short, focused videos could make it much more accessible.
This is a very important query for the bitcoin world.
There has been an impressive increase in transaction costs and delays in Bitcoin confirmations and it can be understood that it is because of the increase in transactions related to NFT's, miners crash their servers due to the digital weight of NFT images.
Practically the whole bitcoin world will collapse.
Great talk overall, but Andreas is completely wrong when he says of Gold/Silver coinage that they "Do not represent value itself", and that "Money is not the valuable thing itself". Real "Money' has important attributes that differentiate it from currency: Medium of Exchange, a Unit of Account, Portable, Durable, Divisible, Fungible (interchangeable), and a Store of Value over time. The reason that Gold is valuable is that it fulfills ALL those properties for Money, while also having use as a commodity (jewelry, advanced electronics, aerospace, dentistry & medicine) and a high relative scarcity.
You know you’ve come to the right person to learn about Bitcoin and Cryptocurrency, when he started to explain how money works. There’s respect in explaining something that might be common sense to some, but not to others
Dear Bubble, I‘m referring to minute 19:27. So, my brain doesn‘t get it….because I always thought the reason why we all need to tell our identity to get a moneyaccount is to make it possible to search for a person later. I mean if nobody knows who got the money this is anarchy. How can we avoid criminality if there‘s no way follow the money? Or am I missing something? Thank you for the valuable content❤️
This video has been incredibly helpful..
I wish I was there in the audience 6 years ago
Great video! I'd love to see a series of shorter videos explaining Bitcoin step by step. Many folks I've spoken to are hesitant to dive in due to the complexity. Short, focused videos could make it much more accessible.
This is a very important query for the bitcoin world.
There has been an impressive increase in transaction costs and delays in Bitcoin confirmations and it can be understood that it is because of the increase in transactions related to NFT's, miners crash their servers due to the digital weight of NFT images.
Practically the whole bitcoin world will collapse.
Is it possible for Adreas to comment on this?
Hector Gonzalo
Bitcoin in simple terms–
A surveillance coin co-opted by governments/globalists to be unusable as p2p currency and push people away from actual privacy
12:30
Great talk overall, but Andreas is completely wrong when he says of Gold/Silver coinage that they "Do not represent value itself", and that "Money is not the valuable thing itself". Real "Money' has important attributes that differentiate it from currency: Medium of Exchange, a Unit of Account, Portable, Durable, Divisible, Fungible (interchangeable), and a Store of Value over time. The reason that Gold is valuable is that it fulfills ALL those properties for Money, while also having use as a commodity (jewelry, advanced electronics, aerospace, dentistry & medicine) and a high relative scarcity.
I wish to be in this room in 2006!!!
I'm glad I stayed away from Bitcoin
You know you’ve come to the right person to learn about Bitcoin and Cryptocurrency, when he started to explain how money works. There’s respect in explaining something that might be common sense to some, but not to others
Bravoooo!!!!!
Well nowadays every coin business requires you to put your id and some more details….
very well told
Thank you Andreas for this, very well explained, informative and educating, I will keep listening to your talks, so good.
Dear Bubble, I‘m referring to minute 19:27. So, my brain doesn‘t get it….because I always thought the reason why we all need to tell our identity to get a moneyaccount is to make it possible to search for a person later. I mean if nobody knows who got the money this is anarchy. How can we avoid criminality if there‘s no way follow the money?
Or am I missing something? Thank you for the valuable content❤️
Andreas is really obsessed with his work! An awesome individual to learn about Bitcoin and Cryptocurrencies from…
Any1 here in 2022 like if yes
oh yes, take a mandarine
Great timeless content (2022 over here)
Very good.
this is by far the best explanation of why we need bitcoin
This guy is from the future
Genius personified. 🥰
what is the best way to make money from investing?