I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
I don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1million in gains… might not be a lot but i'm financially secure.
My CFA ’Gertrude Margaret Quinto’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
If every average Joe would have university level economic education that would indeed be a revolution, at least people would stop voting for those incompetent politicians...
"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek in 1984
its the same for all currencies out there, they all devalue because the government targets to do inflation so they can carry on spending more than what comes in.
Amazing video and style but One thing that everyone should know. Never ask the guy who works in the banking system if you should buy Bitcoin but also don't ask the guy who owns bitcoin either. In both scenarios, we know UPFRONT their answer.
Bitcoin is the internet of money, matter of time all other forms become obsolete. edit; Yes Im a hodler! I will die on this hill, my conviction goes beyond knowledge, reason, and beliefs. Its simple logic, game theory. 0 sum game.
the main issue is losing the money from ur wallet or getting your wallet drained .... even the most smart peoples wallets gets drained some time that's y its never a primary thing may be it can come under secondary .
Opting for an influencer whose primary expertise lies in shilling coins to her followers on a daily basis, rather than individuals with genuine knowledge of cryptocurrency, Good job, DW.
Well, because THERE IS NO INDIVIDUAL WITH GENUINE KNOWLEDGE OF CRYPTOCURRENCY, cause cryptocurrency is a scam. Oh, and because the "inventor" of bitcoin is ANONYMOUS. If you needed any more proof that it's a scam, there you have it.
even eu and the states are making their own digital money to get rid of the bank costs...(and make those profits them self) we cant just close the banks down, they owe to much 🤫🤣 but we can stop printing more money to them when we get another payment option
Yep and if you buy and sell it, it's a cash only business because it will eventually cost you a bank account if you use things like PayPal, Wire Transfers & Zelle for payment. Another problem is having access to Bitcoin and its supply as well. It's getting harder and harder to get and buying the equipment to mine it is not cheap either.
They don't require individual monitoring if the money can be programmed to expire or what it can be spent on. Don't trust banksters amd listen to what they don't say... 😊 Keep hodling 😎
he was such a clown lmao.. he thinks everyone is retraded and can't understand economics.. there is nothing inherently wrong with bitcoin. you can't "print" infinite bitcoins like fiat.. the current monetary system is only designed to make the rich richer and the poor poorer, and they fear that will stop!!!!
It's good to see that a popular video is making an effort to show the positives of Bitcoin. Would be nice if you also showed better miners, who are actually solving power grid problems, rather than creating new ones. Also would be nice if you found a more credible advocate for Bitcoin than some social media influencer.
The debut of a Bitcoin ETF signifies a pivotal moment in the cryptocurrency sphere, bridging digital currencies with conventional investment approaches. This advancement holds the potential to bring stability to Bitcoin prices and attract a more diverse group of investors, potentially driving up demand and value. Central to this transformative shift is Boston Weber, whose profound comprehension of both cryptocurrency and traditional trading has played a crucial role. His comprehensive investment strategy and dedication to staying informed about market trends position him as an invaluable ally in navigating this new era of cryptocurrency investment....
There is still so much misinformation being pushed in the mainstream... no wonder people don't understand. Part of me is glad to be able to buy so much for so little energy expended mining fiat at my 9-5 job.
I really enjoy DW's documentaries. However, on this one the social media influencer had much more space than academics or people with more credibility that could contribute to the report.
The academics track record on decentralized assets is generally so poor that maybe it starts making sense listening a bit more to the ones being previously ridiculed but ended up - at that point - being right, doesn’t it?
Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Linda Wilburn, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.
😅They can say all they want but as a Kenyan I will continue saving my money in Crypto, the Kenyan shilling has lost value over the years while my crypto investments have gained over 1200%.
Get better national and local government or you'll be subject to the extra-national powers manipulating crypto, whether foreign governments or mult-national corporations which will not have the best interests of you or other Kenyans.
Choosing Wendy as one of the proponents is a sure fire way to discredit Bitcoin. There are ‘influencers’ who are actually degreed individuals who can articulate the pros of Bitcoin in a far more academic and palatable manner (for the target audience of this documentary) than she could.
Ethereum Smart contracts , De-Centralised Exchanges were a revelation at the time. They almost seem like ideas before their time, monetary evolution had outpaced the average users abilty to keep up.
I noticed that Professor Phillipp Sandner passed away. I hope he lived a good and fulfilling life! He has certainly achieved some things before passing.
I'll say this much. "Cash is king" in the finance world for a reason. NO ONE questions cash in any way possible and you do NOT need a bank to accept and/or use cash for transactions. It's also NOT REPORTED to any government agency and/or central banking authorities either. That goes out the window with cryptocurrencies.
You could pay with offline devices, if thats what you want to. A hardware wallet is offline all the time. Your smartphone is way more creepy. If you want to be a hardcore "no devices" guy, you could pay in BTC on paper. Its more complicated, but possible.
About 1:30 -- 2:30 in this video, Maria Aguirre explains that she accepts bitcoin to pay for the food she sells. She has been keeping them, expecting the price to rise. WOW --What an intelligent woman !!! As year 2023 moved to 2024, bitcoin rose from less than $30,000 each to over $50,000 each. Her savings have nearly doubled in value. I wish that I had been as smart as Ms.Aguirre.
DW Documentary seems to have their content down to three topics: impoverished nations, climate change, and cryptocurrency. That's what they call "focus"! 😸
Thank you for keeping it real with us. We're all getting hit over the head with these prices, the good thing is being a position to pay these prices. I feel really bad for those who are not in the position to pay for their basic needs.
The value of BitCoin fluctuates, and the medium of payment of products and services in El Zonte are conducted using BitCoin; will the cost of goods and services also goes up and down?
depends what the project is though, telling that to people to just increase token/coin value by buys is indeed often like you state. but projects like web3whales don't go by token value and pays out profits as a collective VC, two very different strategies.
charles Hoskinson , Vitalik buterin , Gavin wood . Geniuses of Block chain tech. incorporate their knowledge into your next documentary. Because it wont only be Bitcoin.
Yeah, yeah hearing this for years. It’s still the same bullshit ponzi scheme it always was. ‘Hodl” is what Bernie Madoff told his clients when they wanted their money back…
I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
But the researcher is just plain wrong (14:05)! You can have a wallet without an exchange! I know because I have one. Noone knows whom it belongs to. I doubt criminals have identifiable wallets.
You are completely wrong. He was referring to the case of citizens depositing euros to buy Bitcoin on exchanges. Here you have to walk through KYC-process to use the exchange. There is also regulation that allows exactly what he describes, which requires exchanges to collect and report the information. But you can prove me wrong... How can you buy bitcoin with unhosted wallets with your Euro?
@@Unterhaltung You can use decentralized exchanges or buy peer to peer locally from cash. You can even mine. All three are possible, but centralized is much easier.
Buy at an exchange then move to a none exchange wallet and have a cold wallet to keep your private keys, is the safest way. Or mine and receive rewards to a off exchange wallet with cold wallet. If an exchange gets hacked or they decide to run with your wallet its all gone, self custodial is the safest way.
They said the average wage is about €4000, that buys a house, feeds a family, you have to consider the average wage in your country and see what that allows you to do. I hate it when documentary commentary says it like this because you consider what is an average wage in your country and think that's not a lot they can not fees themselves.
All knowable economists work in banks, all people working in banks are biased when discussing cryptocurrency, so as a result cryptocurrency doesn't have any opposition.
for a quick profit most traders would choose other crypto then bitcoin... bitcoin is one of the most stable crypto coins, when we talk crypto this is the coin most people hold for a long time a month ago a trader turned $454 into $2.19M in 2 weeks by trading $COQ, a gain of 4827x for example bitcoin wont have the same losses and gains as it have had, it have become pretty stable over time
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve.
This information is dated as usual with these mainstream documentaries. Just like the last DW documentary on Bitcoin in El Salvador, it doesn't age well. These Bitcoin skeptics have been saying the same thing for over a decade now.
Wendy O, Wendy who? Do you know how many influencers in crypto there are? There are quite a few well spoken, well-known crypto influencers that have a great deal more subscribers then Wendy O. Why choose one of the least known ones for a major documentary as the primary “Expert” on crypto for a major documentary, as if shes the dominant face of crypto. Fine, have her on but at least weave in some of the major players in the Crypto universe as well.
I agree, so many better influencers could have been picked to show this side of the story.. come on, Natalie Brunell would have been a way better person for this for example. But I have a feeling that they wanted to show crypto investors being like this girl.
It still amuses me after all these years to see qualified experts unable to classify Bitcoin as an asset(store of value), stock, unit of account, hedge or medium of exchange. In recent times post it 60k crash it also looked to me like a valve to the excesses of monetary printing. Its ability to morph/shape shift is what makes it so special. Lets try a new sobriquet "Freedom for the fruit of mans labour" lol.
"It is not suitable as a form of payment as the price is volatile". Meanwhile the value of Fiat currencies continue to crash as they print ridiculous amounts of it and watch it depreciate. I know where I would rather store my wealth to hold its value.
14:20 this is why cold storage is so important. It’s none of the states business what you do with crypto. The thing is you don’t need an exchange to transfer crypto privately.
You need an exchange to buy. Yes, yes, you can buy privately, but that's difficult, and very risky, and hardly anyone knows how to do it. Once you're on an on/off ramp, all your transactions are linked to you. Even in a purely bitcoin ecosystem, once you make a transaction that has your name on it (you buy something to be shipped to you, registered to you, like a subscription or a support contract or a restricted item, etc) all your transactions are again linked to you. There is no such thing as private bitcoin.
About donations in bitcoin: if they donated usd instead, do you think the end result would be different? Would a roof bought with dollars collapse because it's not supported by numbers in a database and instead purchased with small pieces of painted paper? Its funny how people, who have invested into butcoin, are now trying to find legitimate use for their gamble to make the price go up before they pull the rug (again) and conveniently forget to disclose the purpose of the video.
Donating fiat money is extremely pricey. Have fun donating 10€ to a Country outside of the EU and losing 30-40% of your donation to some 3rd party. Even ON CHAIN it would be less costly right now... but you should donate small sums via LN.
The use case for bitcoin now is mostly a speculative store of value, and the best performing asset ever with asymmetrical upside. There is a reason the recent bitcoin ETF's are the most successful by all metrics in the last 30 years, and it's not bitcoins value in p2p payments.
Your perspective on Bitcoin seems overly simplistic and perhaps a bit naive. Bitcoin is not just any digital asset; it's primarily viewed as a store of value, akin to how society views silver and gold, which is why it's often referred to as 'digital gold'. Bitcoin underscores a significant evolution in how value and financial security will be perceived in the digital age. Your comment suggests a disconnect or a lack of engagement with various nuanced developments within the cryptocurrency space, likely due to a possible gap in understanding that may be influenced by generational differences.
I wish we would go to a system that is fair and meaningful to all, and directly related to what we need. Why can't we as a world use a device like carbon credits?
P.S If this is the explication for the digital euro, then what was the real reason to remove the 500 euro bill's. It was to keep more control on the money flow and (officially) to avoid al-Qaida financing. Forget anonymous transfer? That's!! The hole problem!
There were more DM1000 notes than DM 10 notes, just think about that and most were stored in Swiss Banks, they are still redeemable for eternity, at the exchange rate from 2001. The poor are not supposed to have money, ever.
I do not agree with Prof. Bindseil from ECB. There is a video where Mrs. Lagarde openly says that, 'yes, there will be more control on people' with the digital Euro.
I found this documentary biased in a subtle way, but still....representing/backing the status quo, the centralised empires. I'm going to buy some more bitcoin now!
Blockchain/bitcoin is a future for all monetary systems. Bitcoin will never go away with only 21, million bitcoin. The value of this asset will continue to increase the old equation of supply and demand.
As a long time investor in real estate and metals Im still struggling with Crypto. But still keeping a somewhat open mind as an investment possibility. But like all investments you can't greedy an just hold indefinitely. Eventally you have to sell. Just to generate actual cash. As a short term speculative investment flipping into cash maybe. Still studying it.
The ECB executive refers to cryptocurrencies being a speculative investment, and subject to rapid price variations. I guess he hasn’t heard of the stock market or certain foreign currencies (yes, that is sarcasm for the cryptophobic).
Do majority of people have their wealth in physical cash or card. If one day there was no electricity, society would be over anyway. Most people have money in banks digitally.
You'd be surprised when you will learn how the current banking system works. Do you think banks are transferring/storing millions and billions in cash? All your money are just numbers in a database.
Electronic transfers are one thing, but a dollar is still a physical paper currency or coin. It can be burned or melted down. It exists in the physical world. Cryptocurrency doesn’t exist at all without electricity.
its funny someone in this documentary mention, its bad for environment, and do not realize that having 1000’s and millions of banks would be environmentally better 😀😃, we could argue something like, bank provide lots of jobs, but environment would be the last thing
even millions of brick and mortar banks power consumption does not add to anything compared to bitcoin hashing power consumption. Nice try though. the problem with bitcoins power consumption is not that it consumes power but that MANY MANY different actors consume lots of power for only one of them to actually be used. A brick and mortar comparison would be like a skyscraper with a bank on each floor where everyone of those banks powers every transaction and afterwards only a single banks transaction actually goes through. The waste is utterly enormous.
@@mariusvanc as an estimate, about 180 bitcoin farms in the US used nearly 3% of all electricity produced in the US last year. bitcoin miners are the ones doing the heavy lifting of bitcoin transactions.
That Wendy girls excuses for bitcoin are wild. Just because we already have horrible people in the world doesn't mean we need to add more horrible to it.
Digital EURO would be different than Bitcoin, the banker continues: 35:15 "We have no interest in controlling people, designing the digital Euro, we want to make it so, that we don't receive personal data in the Euro system.And instead have anonymous transactions in our books.We don't want want to know who has particular account, or who that person is." Doesn't Bitcoin offer all of those features allready? Why do you want to reinvent the wheel and get all the data from the investors?
Economic justice or a more fair world are only really reached by incentives. Bitcoin achieves economic justice & a more fair world by offering those incentives to investors. Too many questions asked and too little are properly answered in this doc. And those answers do exist.. they aren't secret.
I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
I don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1million in gains… might not be a lot but i'm financially secure.
@@noah-greeneMy partner’s been considering going the same route, could you share more info please on the advisor that guides you?
My CFA ’Gertrude Margaret Quinto’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
If every average Joe would have university level economic education that would indeed be a revolution, at least people would stop voting for those incompetent politicians...
"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek in 1984
Why did Mr H actually go to war?
World will go under when cash disappears, thats obvius
Lies again? Face Of MLS FNB Money
to be honest, for these people. holding on to bitcoin is probably better than holding into their own country currency
Seems ironic once you come to the realization that this also applies to you as well.
its the same for all currencies out there, they all devalue because the government targets to do inflation so they can carry on spending more than what comes in.
@@RockG.o.d but just imagine a World without goverment overspending. What i.e. would the US do cut the Military or Welfare ?
@@TheGesox they wouldn’t need to cut it.
They should have brought on richard heart or eric vorhees instead
Amazing video and style but One thing that everyone should know. Never ask the guy who works in the banking system if you should buy Bitcoin but also don't ask the guy who owns bitcoin either. In both scenarios, we know UPFRONT their answer.
just go see a cryptographer, this MF will explain to them how this works
Bitcoin is the internet of money, matter of time all other forms become obsolete.
edit; Yes Im a hodler! I will die on this hill, my conviction goes beyond knowledge, reason, and beliefs. Its simple logic, game theory. 0 sum game.
@@Cvandenhazel Nothing wrong with that brotha just keep holding same is here
GREEDY‼️ WILL HAVE NOTHING🤷♀️
You mean Wendy O isn't a genius???
I love how people claim it will drop to zero any second...for the past 13 years.
the main issue is losing the money from ur wallet or getting your wallet drained .... even the most smart peoples wallets gets drained some time that's y its never a primary thing may be it can come under secondary .
@@Arun-sp8vl That risk is why it is good to have a many wallets, and a few large wallets for sending and receiving only. This mitigates risk by a lot.
@@Arun-sp8vl Drained, losing money in wallet ? how ?
Opting for an influencer whose primary expertise lies in shilling coins to her followers on a daily basis, rather than individuals with genuine knowledge of cryptocurrency, Good job, DW.
Well, because THERE IS NO INDIVIDUAL WITH GENUINE KNOWLEDGE OF CRYPTOCURRENCY, cause cryptocurrency is a scam. Oh, and because the "inventor" of bitcoin is ANONYMOUS. If you needed any more proof that it's a scam, there you have it.
she was probably the most cost efficient.
on purpose ths is a hit piece on btc
Those banks said "Oh NO!! They're trying to live without us. Change the laws!!"
Actually it's the state that uses the banks through the ECB to control its subjects, taxes and markets.
Bullshit! The bankers invented Bitcoin.
even eu and the states are making their own digital money to get rid of the bank costs...(and make those profits them self)
we cant just close the banks down, they owe to much 🤫🤣 but we can stop printing more money to them when we get another payment option
It's more like; “We’re losing control of their money! Change the laws!”
😂😂
15:34 if you can’t move your crypto to cold storage you don’t own it. Hard to get burnt when it’s not in an exchange.
Yep and if you buy and sell it, it's a cash only business because it will eventually cost you a bank account if you use things like PayPal, Wire Transfers & Zelle for payment. Another problem is having access to Bitcoin and its supply as well. It's getting harder and harder to get and buying the equipment to mine it is not cheap either.
Very savvy of you.
The ECB guy rejecting Bitcoin. Shocker!
"we dont have any interest in monitoring people" please..
@@LLLemi something that people who want to monitor people would say!
@@LLLemi - LOL!
They don't require individual monitoring if the money can be programmed to expire or what it can be spent on.
Don't trust banksters amd listen to what they don't say... 😊
Keep hodling 😎
he was such a clown lmao.. he thinks everyone is retraded and can't understand economics.. there is nothing inherently wrong with bitcoin. you can't "print" infinite bitcoins like fiat.. the current monetary system is only designed to make the rich richer and the poor poorer, and they fear that will stop!!!!
European central bank ? What have they done for the Euro? After 2020 it lost at least 50% purchasing power.
Amen! All they think of all day is how to regulate and regulate more
It's good to see that a popular video is making an effort to show the positives of Bitcoin. Would be nice if you also showed better miners, who are actually solving power grid problems, rather than creating new ones. Also would be nice if you found a more credible advocate for Bitcoin than some social media influencer.
Maria will be extremely happy after the halving and this next bull run.
I'm looking forward to the update video where she's driving a Lambo and parking it in the driveway of her Bitcoin City mansion
So, she started when btc was 6K, now it is 43K! How conviniently DW did not mention it...
If she has the tech wherewithal to track, safely store her digital currency, and not forgotten her passwords lol.
@@travelzoli I could have started when it was around $500 and had some money to dump into it.
@@travelzoliCorrection. Its now 48k! 😆
The debut of a Bitcoin ETF signifies a pivotal moment in the cryptocurrency sphere, bridging digital currencies with conventional investment approaches. This advancement holds the potential to bring stability to Bitcoin prices and attract a more diverse group of investors, potentially driving up demand and value. Central to this transformative shift is Boston Weber, whose profound comprehension of both cryptocurrency and traditional trading has played a crucial role. His comprehensive investment strategy and dedication to staying informed about market trends position him as an invaluable ally in navigating this new era of cryptocurrency investment....
A better way is to get proper guide!!!! The most important thing is the technicality and Boston Weber keeps proving himself.
Well this is not my first time of seeing his name on social platform. I think he's extremely brilliant and lucrative at the same time.
Spot-on, I would always rate his signals as one of the best ever used 100% accurate.
The internet is filled with so many useful information about Boston Weber.....
Boston Weber’s proficiency in technical analysis has served as a beacon of hope for me esp during the heavy bear market last year.
Videos like these are the best buy signal.
Or the best sell signal because many idiots will buy now
There is still so much misinformation being pushed in the mainstream... no wonder people don't understand. Part of me is glad to be able to buy so much for so little energy expended mining fiat at my 9-5 job.
carefull u all exit liquidation
Ive watched this before so its not 2 days old
lol was thinking the same thing. People like this are the guys that get smacked silly trading/buying into crypto.@@zend666
I really enjoy DW's documentaries. However, on this one the social media influencer had much more space than academics or people with more credibility that could contribute to the report.
The academics track record on decentralized assets is generally so poor that maybe it starts making sense listening a bit more to the ones being previously ridiculed but ended up - at that point - being right, doesn’t it?
@@BastienChanot No, not really. Don't mind the influencers but would appreciate more academics on this as well.
She seems very defensive and less data-driven
@@BastienChanot no
Please take a minute and include testimony of Michael Saylor in your next Bitcoin documentary ;)
They will don't do, beucase because they have made this documentary exclusively to delegitimize the Bitcoin.
Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Linda Wilburn, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.
@Lindawilburn
She's often interacts on Telegrams, using the user-name.
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
Linda Wilburn program is widely available online.
Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.
beautiful cinematography
😅They can say all they want but as a Kenyan I will continue saving my money in Crypto, the Kenyan shilling has lost value over the years while my crypto investments have gained over 1200%.
Get better national and local government or you'll be subject to the extra-national powers manipulating crypto, whether foreign governments or mult-national corporations which will not have the best interests of you or other Kenyans.
Choosing Wendy as one of the proponents is a sure fire way to discredit Bitcoin. There are ‘influencers’ who are actually degreed individuals who can articulate the pros of Bitcoin in a far more academic and palatable manner (for the target audience of this documentary) than she could.
Although I thought Wendy's choice of words was spot on.
@@grahamp2334 she did a perfectly fine job
Well, DW must have approvals before releasing their videos, or they will lose their european funds. So they have to make it a bit biased
I mean this watches as a hit piece and im willing to admit im only lukewarm on bitcoin.
Wendy o was the best you could do?
Fr lol
There are definitely more credible sources.
Unfortunately she fits the mould for a so called expert in 2024.
@@orangeninja912 a boxer and an influencer? 😂
😂
I know only one thing, anything is good if it ends the Monopoly of state to print and manage money because thats the cause of everything
Nope, we had that in the 19th c in the US...lesson learned.
Nice documentary I'm also bullish on BTC and bought some on Nexo to get exposure.
You're posting this 1 month ago, Maria is definitely feeling better.
"Hope" is the worst analysis to base any monetary decision, unless you have money to burn (or other people's money to burn.)
Lotteries, casinos, and ponzi schemes all sell hope.
@@hypothalapotamus5293 Yes and in Germany they are often Government run!
@@hypothalapotamus5293 a lot of people are financially hurt by those things as well
The whole economic system including Currencies only exist because people have hope, faith and trust in them.
I “hope” the global monetary system controlled by governments doesn’t collapse.
Ethereum Smart contracts , De-Centralised Exchanges were a revelation at the time. They almost seem like ideas before their time, monetary evolution had outpaced the average users abilty to keep up.
Contracts have existed for quite some time.
heh yeah... any of those exchanges still operating? lol
@@sd-ch2cq not like this they havent.
@@Ddub1083 DeFi ones? Yeah - all of them.
Smart contracts are not the same as contracts @@sd-ch2cq
I noticed that Professor Phillipp Sandner passed away. I hope he lived a good and fulfilling life! He has certainly achieved some things before passing.
I'll say this much. "Cash is king" in the finance world for a reason. NO ONE questions cash in any way possible and you do NOT need a bank to accept and/or use cash for transactions. It's also NOT REPORTED to any government agency and/or central banking authorities either. That goes out the window with cryptocurrencies.
One world currency 2029.
Great way to ensure that everyone carries a device all the time!
You could pay with offline devices, if thats what you want to. A hardware wallet is offline all the time. Your smartphone is way more creepy. If you want to be a hardcore "no devices" guy, you could pay in BTC on paper. Its more complicated, but possible.
About 1:30 -- 2:30 in this video, Maria Aguirre explains that she accepts bitcoin to pay for the food she sells.
She has been keeping them, expecting the price to rise.
WOW --What an intelligent woman !!!
As year 2023 moved to 2024, bitcoin rose from less than $30,000 each to over $50,000 each.
Her savings have nearly doubled in value.
I wish that I had been as smart as Ms.Aguirre.
What exchange is being used here?
Economic investigator Frank G Melbourne Australia is still following this very informative content cheers Frank 😊
ECB especially critical of things they cant control, makes sense. The central planners nightmare XD
Because they want to control and tax it to the heavens to keep the rich rich and the poor poor
DW Documentary seems to have their content down to three topics: impoverished nations, climate change, and cryptocurrency.
That's what they call "focus"! 😸
Thank you for keeping it real with us. We're all getting hit over the head with these prices, the good thing is being a position to pay these prices. I feel really bad for those who are not in the position to pay for their basic needs.
The value of BitCoin fluctuates, and the medium of payment of products and services in El Zonte are conducted using BitCoin; will the cost of goods and services also goes up and down?
no
Evidence? Meaning?@@TaiHoga
if someone tells you "we're all gonna make it" you're the one they're gonna make it off
depends what the project is though, telling that to people to just increase token/coin value by buys is indeed often like you state.
but projects like web3whales don't go by token value and pays out profits as a collective VC, two very different strategies.
Not if its a change in regime... and not all gonna make it. HFSP or adopt.
Look at house prices in the last 10 years in bitcoin and fiat, your local currency. Then choose in what system you want to save.
I save in Bitconnect 🤡
Can I expect eth to eventually shoot up in price too?
@willsmith4575 sure, but its still a PoS Shitcoin
Thanks for the video
Thank you for watching.
Amazing documentary as always 👍.
charles Hoskinson , Vitalik buterin , Gavin wood . Geniuses of Block chain tech. incorporate their knowledge into your next documentary. Because it wont only be Bitcoin.
Yeah, yeah hearing this for years. It’s still the same bullshit ponzi scheme it always was. ‘Hodl” is what Bernie Madoff told his clients when they wanted their money back…
Wendy girls logic on "people with papers - "degrees" - think they know more then us" ... well .... yes, they actually do :D
No, they dont.
Depends on what people and who pays the opinion and job opportunities. Bitcoin isn't like that. Universities are scams 100%.
If the people with degrees can’t see outside the system they were educated on…
@@forzali so you are telling me 7 years of studying in finance equals with 7 years of flipping burgers, got it. Wish you happy investing.
@@forzali under educated plus overly self-confident, surely the way to be successful...
Thank you dw
I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
But the researcher is just plain wrong (14:05)! You can have a wallet without an exchange! I know because I have one. Noone knows whom it belongs to. I doubt criminals have identifiable wallets.
You are completely wrong. He was referring to the case of citizens depositing euros to buy Bitcoin on exchanges. Here you have to walk through KYC-process to use the exchange. There is also regulation that allows exactly what he describes, which requires exchanges to collect and report the information.
But you can prove me wrong... How can you buy bitcoin with unhosted wallets with your Euro?
@@Unterhaltung You can use decentralized exchanges or buy peer to peer locally from cash. You can even mine. All three are possible, but centralized is much easier.
@@Unterhaltung as the purpose of btc itself p2p is the way
You're the wrong one 😂😂 you can do in person p2p transactions@@Unterhaltung
Buy at an exchange then move to a none exchange wallet and have a cold wallet to keep your private keys, is the safest way.
Or mine and receive rewards to a off exchange wallet with cold wallet.
If an exchange gets hacked or they decide to run with your wallet its all gone, self custodial is the safest way.
When was this video done ?
There are no more gangs in El Salvador , the president made sure of that.
El Salvador is the safest country at the moment
They definitely not playing over there
They about build they country up off investment and bitcoin
They said the average wage is about €4000, that buys a house, feeds a family, you have to consider the average wage in your country and see what that allows you to do.
I hate it when documentary commentary says it like this because you consider what is an average wage in your country and think that's not a lot they can not fees themselves.
Really good documentary, I just hope for the next one on the topic to bring better cryptocurrencies experts.
Prof. Sandner was great, R.I.P.
Why should a company BTC mining or not, have to contribute more than any other company? It’s hardly causing issues in the local community.
Haha, a nightmare for the banks, just what they need! Don’t trust your bank.
All knowable economists work in banks, all people working in banks are biased when discussing cryptocurrency, so as a result cryptocurrency doesn't have any opposition.
Yes trust the coins 😅
No, it's a nightmare for the economy.
Scotland Sharing 🥃📡🥃
When was this originally released?
1933
42:24
ZDF 2023
DW version 2024
very recently, because one guy (Prof. Sandner) just died 2 weeks ago in a car crash and it is mentioned in the doc.
Great Video❤
Thanks for watching!
lol Wendy O, she’s a small fry influencer. Ha
They weren't prepared for the two-hour Michael Saylor answer to their first question
I'm still skeptically oldschool 🙄
Well maybe when bitcoin is 1 million plus you will be less skeptical, in the meantime maybe you could buy a couple bucks worth just in case. 😊
Very informative content
Thanks
For some kinds of traders, eg high frequency and day traders, the volatility is what earns money. That is what attracts them to Bitcoin.
for a quick profit most traders would choose other crypto then bitcoin...
bitcoin is one of the most stable crypto coins, when we talk crypto this is the coin most people hold for a long time
a month ago a trader turned $454 into $2.19M in 2 weeks by trading $COQ, a gain of 4827x for example
bitcoin wont have the same losses and gains as it have had, it have become pretty stable over time
Banks are finished.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve.
Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading !!
Crypto Bull run is making waves everywhere and I have no idea on how it works. What is the best step to get started please ?
Have you not heard of mrs Amelia Jason ?
She has this skill of making complex crypto concepts easy to understand and is truly commendable.
You know her too? I'm also a proud beneficiary of her superb platform.
This information is dated as usual with these mainstream documentaries. Just like the last DW documentary on Bitcoin in El Salvador, it doesn't age well. These Bitcoin skeptics have been saying the same thing for over a decade now.
Wendy O, Wendy who? Do you know how many influencers in crypto there are? There are quite a few well spoken, well-known crypto influencers that have a great deal more subscribers then Wendy O. Why choose one of the least known ones for a major documentary as the primary “Expert” on crypto for a major documentary, as if shes the dominant face of crypto. Fine, have her on but at least weave in some of the major players in the Crypto universe as well.
I agree, so many better influencers could have been picked to show this side of the story.. come on, Natalie Brunell would have been a way better person for this for example. But I have a feeling that they wanted to show crypto investors being like this girl.
@@jahblo666 richard heart would be my pick.
It still amuses me after all these years to see qualified experts unable to classify Bitcoin as an asset(store of value), stock, unit of account, hedge or medium of exchange. In recent times post it 60k crash it also looked to me like a valve to the excesses of monetary printing. Its ability to morph/shape shift is what makes it so special. Lets try a new sobriquet "Freedom for the fruit of mans labour" lol.
It's a Ponzi scheme
Some described it as the first new asset class since ~150 years.
Proper topic.
improper implementation
Those are servers, right? So how are these different compared to google, apple, and other companies that have servers all over the world?
"It is not suitable as a form of payment as the price is volatile". Meanwhile the value of Fiat currencies continue to crash as they print ridiculous amounts of it and watch it depreciate. I know where I would rather store my wealth to hold its value.
I know that too. Definitely not in the bitcoins that everyone will want to sell when they become unemployed.
What happens when electricity is too expensive, yes, in fiat, to run nodes or mine.
14:20 this is why cold storage is so important. It’s none of the states business what you do with crypto.
The thing is you don’t need an exchange to transfer crypto privately.
You need an exchange to buy. Yes, yes, you can buy privately, but that's difficult, and very risky, and hardly anyone knows how to do it. Once you're on an on/off ramp, all your transactions are linked to you. Even in a purely bitcoin ecosystem, once you make a transaction that has your name on it (you buy something to be shipped to you, registered to you, like a subscription or a support contract or a restricted item, etc) all your transactions are again linked to you. There is no such thing as private bitcoin.
Congrats Maria, u will be wealthy soon
Traditional banks want you to use their paper money and then continuously reduce its value while they continuously profit from fees.
About donations in bitcoin: if they donated usd instead, do you think the end result would be different? Would a roof bought with dollars collapse because it's not supported by numbers in a database and instead purchased with small pieces of painted paper?
Its funny how people, who have invested into butcoin, are now trying to find legitimate use for their gamble to make the price go up before they pull the rug (again) and conveniently forget to disclose the purpose of the video.
At the end of the day it's opting out of the central banks and govt control. Just hold onto that toilet paper you call the dollar.
Donating fiat money is extremely pricey. Have fun donating 10€ to a Country outside of the EU and losing 30-40% of your donation to some 3rd party. Even ON CHAIN it would be less costly right now... but you should donate small sums via LN.
The use case for bitcoin now is mostly a speculative store of value, and the best performing asset ever with asymmetrical upside. There is a reason the recent bitcoin ETF's are the most successful by all metrics in the last 30 years, and it's not bitcoins value in p2p payments.
Your perspective on Bitcoin seems overly simplistic and perhaps a bit naive. Bitcoin is not just any digital asset; it's primarily viewed as a store of value, akin to how society views silver and gold, which is why it's often referred to as 'digital gold'. Bitcoin underscores a significant evolution in how value and financial security will be perceived in the digital age. Your comment suggests a disconnect or a lack of engagement with various nuanced developments within the cryptocurrency space, likely due to a possible gap in understanding that may be influenced by generational differences.
RIP Prof. Sandner
@why_so_serious sad he passed so young. Was he ill?
@@mnkwazi we don't know, it seems he died suddenly...
@@mnkwazi he died of a car crash
@@han_zei_bu_liang_li source?
Maria is now very happy i guess!;)
when the pricing value dips frequently that gives the middle-class more opportunity to get in and wait for the next increase in value.
Where were the banks during the 2008 market crash? Oh ya, they created that mess themselves…..
True, Bitcoin seems the same thing, just the intricate version of Banking with advance technology!
I like how this was perfectly timed with a btc pump. 49k double top inc
52k now
@@chen831 yessir, still got my 43 longs
~$70,000 now
I wish we would go to a system that is fair and meaningful to all, and directly related to what we need. Why can't we as a world use a device like carbon credits?
Most currencies other than the dollar crash more than bitcoin ever does. And with 0 upside at the same time.
I don't see bit coin as the next gold,but maybe the next silver.
"Anytime you have an institution which is is debt financed, they're gonna run into some trouble." Uhhmm, should I tell him, or will you?
Good one i tought the same .
P.S If this is the explication for the digital euro, then what was the real reason to remove the 500 euro bill's. It was to keep more control on the money flow and (officially) to avoid al-Qaida financing. Forget anonymous transfer? That's!! The hole problem!
There were more DM1000 notes than DM 10 notes, just think about that and most were stored in Swiss Banks, they are still redeemable for eternity, at the exchange rate from 2001. The poor are not supposed to have money, ever.
Try to find the book "the money mafia" Paul Hellyer. I think you will like it@@gaptaxi
I do not agree with Prof. Bindseil from ECB. There is a video where Mrs. Lagarde openly says that, 'yes, there will be more control on people' with the digital Euro.
researchers are stunned
"In the business world, they are known as smart contracts." lol
I found this documentary biased in a subtle way, but still....representing/backing the status quo, the centralised empires. I'm going to buy some more bitcoin now!
Hodl!
It's government's, the rich, FATF and central banks working against our financial freedoms.
Blockchain/bitcoin is a future for all monetary systems. Bitcoin will never go away with only 21, million bitcoin. The value of this asset will continue to increase the old equation of supply and demand.
As a long time investor in real estate and metals Im still struggling with Crypto. But still keeping a somewhat open mind as an investment possibility. But like all investments you can't greedy an just hold indefinitely. Eventally you have to sell. Just to generate actual cash.
As a short term speculative investment flipping into cash maybe. Still studying it.
the same girl who wants the government out of bitcoin. is proud of Al Salvadore for excepting it as legal tender🤣🤣🤣🤣
Right?! Bit-fans' cognitive dissonance in this Bitcoin Ponzi scheme is almost on par with it's absurdity.
The ECB executive refers to cryptocurrencies being a speculative investment, and subject to rapid price variations. I guess he hasn’t heard of the stock market or certain foreign currencies (yes, that is sarcasm for the cryptophobic).
Stephen Colbert's serious voice😊😊
Another hit piece from dw.
Hmm…money that requires electricity to exist.what could wrong?
Do majority of people have their wealth in physical cash or card. If one day there was no electricity, society would be over anyway. Most people have money in banks digitally.
Pay with a card without electricity 😮
Hmm, money that can be created with a keystroke. What could go wrong?
You'd be surprised when you will learn how the current banking system works. Do you think banks are transferring/storing millions and billions in cash? All your money are just numbers in a database.
Electronic transfers are one thing, but a dollar is still a physical paper currency or coin. It can be burned or melted down. It exists in the physical world. Cryptocurrency doesn’t exist at all without electricity.
its funny someone in this documentary mention, its bad for environment, and do not realize that having 1000’s and millions of banks would be environmentally better 😀😃, we could argue something like, bank provide lots of jobs, but environment would be the last thing
even millions of brick and mortar banks power consumption does not add to anything compared to bitcoin hashing power consumption. Nice try though. the problem with bitcoins power consumption is not that it consumes power but that MANY MANY different actors consume lots of power for only one of them to actually be used.
A brick and mortar comparison would be like a skyscraper with a bank on each floor where everyone of those banks powers every transaction and afterwards only a single banks transaction actually goes through. The waste is utterly enormous.
How many transactions is the bitcoin network currently handling?
@@mariusvanc as an estimate, about 180 bitcoin farms in the US used nearly 3% of all electricity produced in the US last year. bitcoin miners are the ones doing the heavy lifting of bitcoin transactions.
Power too the people stick it to the man
That Wendy girls excuses for bitcoin are wild. Just because we already have horrible people in the world doesn't mean we need to add more horrible to it.
they are biased lol
Digital EURO would be different than Bitcoin, the banker continues: 35:15 "We have no interest in controlling people, designing the digital Euro, we want to make it so, that we don't receive personal data in the Euro system.And instead have anonymous transactions in our books.We don't want want to know who has particular account, or who that person is."
Doesn't Bitcoin offer all of those features allready? Why do you want to reinvent the wheel and get all the data from the investors?
BTC is truly democratic.
banks are tyrans.
The ECB wants the power. They think if they create a fiat currency that runs on a blockchain they’ll somehow beat Bitcoin. Good luck!
I can't wait to open a Digital Euro Account without ID
you'll wait@@TheGesox
Stack those sats. There's not much time left before the halving.
Nice to see Jordi Visser featured here.
Fwiw: i cant buy anything with euros. In both Germany and North America, I can buy goods and services in bitcoin without going to a bank!
Economic justice or a more fair world are only really reached by incentives.
Bitcoin achieves economic justice & a more fair world by offering those incentives to investors.
Too many questions asked and too little are properly answered in this doc. And those answers do exist.. they aren't secret.
10:07 This statue looks cool.
I question who’s behind the introduction of bit coin? Who has power to control the world?
Never look for the creator, for he is now resting in ethernal peace. Take what he gave you and continue to create freedom for yourselves....
@@myhouse5802 maybe she lol
@@myhouse5802 what makes you think so?
Satoshi has no power over bitcoin.
Without a bank how do we withdraw our bitcoins money?
You become your own bank
@@WoJackHorseman24 but how do you withdraw your digital money and turn it into cash?
cold or hot wallet with a seed phrase
Neo: Are you saying that a can change my bitcoins for millions of dollars?
Morpheus: No, Neo I'm saying when you're ready you won't have to do it.
dont do what ever you think.
if you want BTC:
buy it in person for cash
if you sell BTC:
sell it in person for cash
its not hard just go on Tor