WARNING: There are a number of scammers who are using my image and channel name to try to connect with my viewers on WhatsApp and other platforms to scam them. Just so you know, I will never refer you to "my personal trader" or try to connect with you personally to sell you something. I am trying to ban these scammers as quickly as they pop up. You can always recognize a scammer by clicking on the image and seeing how many videos he has. All of these guys have zero videos, while I have hundreds. I also now have a checkmark next to my name, so that you can distinguish the real Bitcoin University from the imposters. Follow me on Twitter @mattkratter
Beginner here. question: If I get a wallet and buy bitcoin...and lets say my wallet "goes out of business". can I access my bitcoin through another wallet with my seed phrase?
I was just thinking how great it would be for you to start a podcast. Or at least be a guest on some of the current ones. I'm sure you're plenty busy with this but something you should consider. A lot of people really value what you have to say.
Im not that hip to how our phones browsers etc all interact but my fream would be a pjone, a mini supetr computer device that can comnect to the internet, stream videos, movies misic, make purchases send receive payments without having to use Apple or google.. a communications network that has the properties of bitcoin. No one in charge, decentralized, free from censorship and snooping.. an all in pne device with built in lightning node, why are we still putting up with this shit 10:37
You have been my finger on the pulse of all things bitcoin, thank you Matthew. And when you are removed from YT I will follow you on the next platform, for as long as you are still making content
Hey Matt, first time commenting. Love your work! Was listening to Marty Bents podcast over the weekend with Matt Corallo bout the new worry with mining pool centralization. He was basically calling for the nuclear option and reworking the proof of work mechanism. Also gave bitcoin a 3% chance of success, which is crazy to hear from a core developer. Seems like a serious problem although I don’t agree with his solution. Would love to see a video on this sometime if you can.
Mutiny wallet and all of these second layer developers need to do there very very best to be anonymous. I promise you the government is coming after all of the devs. Do not be surprised if the Mutiny devs are sued or arrested very soon. I used to think people who said things like what I'm saying were crazy. Now I realize, its happening. Its real.
Matthew you cannot be stopped. The full name in all CAPITAL letters is a LEGAL FICTION it is not you but people actually believe it is themselves learn how to defend against this FRAUD to end it.
Thank you for another great video Matt! Can we get a vid talking about how the ETFs are trying to corner bitcoin into an asset. This includes others such as Michael Saylor calling it property only and not money or currency. Further we have heard christine lagard calling it a speculative asset. I think that would be an important video as we want to eventually use bitcoin as money and not just a NUG tech.
What an amazing video! Thank you so much for sharing! You are honestly my “go to” for unbiased Bitcoin information! Thank you so much for helping the little guys out here just trying to stay afloat!!! God bless you! ❤️🙏🏼💯
💯 would greatly appreciate if Matthew would do a more of an in-depth video on how to avoid the high fees of UTXO’s from transferring your Bitcoin From an exchange or custody to your own cold wallet.
And here’s a question: there is some USDT on the OKX wallet and a phrase for it: head isolate sound end kit industry choice festival limit stable dolphin derive. How can I transfer my account to Binance?
"sideloading" apps can give you access to apps you wouldn't otherwise be able to run (usually because they violate one or more app store policies), (APK files).
Americans in El Salvador often have to sideload Bitcoin wallets to be able to function in the country until they can replace their geolocked American phones. The wallets commonly used here are already banned in the USA.
I wonder how many lightning nodes are running on TOR. Bitcoin core supports running on TOR only. Good uptime also gets you a lot of connections. If you can spare the bandwidth, running a TOR relay with decent uptime and internet speed will also help mask specific services. TOR isn't perfect. But with large numbers of users comes more challenging censorship.
I really would love a genuine answer and not a close minded ban... Bitcoin is the greatest store of value and that cannot be questioned, but what is the point of using a decentralised network if you need to centralise it to use as medium of exchange? I find going into extremes to be toxic behaviour, great examples are feminism, religions, vegans, politics or even bitcoin. We have a real decentralised, cheap, fast and scalable option called KAS that could work to destroy all of the scam ecosystem POS like Sol and Eth. Please keep an open mind like you did when you looked a the great project called bitcoin. The world is never going to stay still and we have to keep up.
File sharing could have changed the world, but it was kneecapped, what make’s bitcoin different? Yes, people still file share, but it’s not common and comes with penalties, normal people don’t use it.
@@NeuroPulse@bitcoin_university Think we could get a video on how to embed in different mediums ? Surely with AI image generators we can make this so seamless.
Mutiny Wallet team is closing up shop. How is lightning going to work if these guys can’t stay alive. Right now scaling bitcoin is still not sorted. Especially non custodial.
Great video! I did all of this over the last couple of days. Feels good to learn and be capable of self custody. Your guidance has helped tremendously! I’m slowly Orange pilling my close friends…
Do you think the coming tyranny could affect money market/brokerage accounts such as Vanguard, Matthew? We know banks can go on a “holiday,” but I’m wondering if that same holiday could occur inside of these aforementioned accounts as well….
"We're not a bunch of stupid government rent-seekers with 9-5 jobs and 2hr lunches"....😄, your sense of humor layered over the factual and informative content is Gold! Thank you, Mathew 🙏
Great to see these technologies, but so much more is needed. How do we 10x or even 100x capital investment to push more development? Do you believe current models of grant-led FOSS development is viable to scale to what is needed? Opensats (and similar initiatives) are fantastic; but I'm not convinced it's going to incentivize the commensurate level of human skill that will be required in the coming decade to create the technology needed for 9 billion humans. I hope I'm wrong.
I have a question. If you could make a video or let us know how to move btc from base layer where the user is primarily using sparrow into mutiny under lightning. Thanks.
Am I wrong to worry that KYC sats, at least in the US, will be largely "useless" if the US government ever does try to crack-down on it in ways you've suggested in recent videos?
Please explain how Lightning Network is BTC. I am convinced that the Lightning Network is kind of like a BTC "Stable"network, like Wrapped BTC, or anything else that claims to be 1 to 1, but is not BTC. Please convince me that Lightning is worthy of use.
On the surface, it looks like a similar concept, but the decentralized trustless aspect is important to consider (as opposed to the usual scams where you hand over to someone your BTC, and they give you wrapped garbage in exchange). In the case of LN, you sign a contract to lock your own BTC into the channel, and (assuming a non-custodial channel) none of it can leave your channel on LN without your digital signature (i.e. you still own it, whether you consider it "wrapped" or not). The node you are connected to can close the channel if they were the one who opened it, but the channel opener pays the on-chain fee to close it, and your LN balance ends up as a fresh UTXO that you own back on the base layer. If you opened the channel, you can settle it whenever you want (at the cost of the on-chain fee), and again your LN balance ends up as a fresh UTXO that you own.
I notice that at 8:16', the Federation will be expired on Sep 2, 2025. Could anyone pls do me a favor by explaining what will happen to our balance in Fedimint after this day?
Unlike Samouri, their product doesn't rely on or connect to services that they are hosting, but instead you select what LSP to connect with. It is also open source, and would likely continue to be used and improved on, even if the organization itself were to be taken out and everyone currently involved imprisoned.
My bank don’t allow me to purchase crypto, tried most 3rd party apps only to be blocked or account deactivated…please could you help me find someplace or any way I can continue to buy
WARNING: There are a number of scammers who are using my image and channel name to try to connect with my viewers on WhatsApp and other platforms to scam them. Just so you know, I will never refer you to "my personal trader" or try to connect with you personally to sell you something. I am trying to ban these scammers as quickly as they pop up. You can always recognize a scammer by clicking on the image and seeing how many videos he has. All of these guys have zero videos, while I have hundreds. I also now have a checkmark next to my name, so that you can distinguish the real Bitcoin University from the imposters. Follow me on Twitter @mattkratter
Beginner here. question: If I get a wallet and buy bitcoin...and lets say my wallet "goes out of business". can I access my bitcoin through another wallet with my seed phrase?
Thanks, starting to get the Sparrow and Mutiny wallets.
I was just thinking how great it would be for you to start a podcast. Or at least be a guest on some of the current ones. I'm sure you're plenty busy with this but something you should consider. A lot of people really value what you have to say.
Please keep this information coming as long as you are allowed to.
Matt, Thank you for your ongoing teachings. Your sage advice is the closest thing to true north that I have found.
Matthew, your tutorials are inspirational, excellent hard facts presented clearly, and with style. Thank you for doing it right!
I appreciate that!
Always bringing the best to see online each day! Thank you Matt!
Im not that hip to how our phones browsers etc all interact but my fream would be a pjone, a mini supetr computer device that can comnect to the internet, stream videos, movies misic, make purchases send receive payments without having to use Apple or google.. a communications network that has the properties of bitcoin. No one in charge, decentralized, free from censorship and snooping.. an all in pne device with built in lightning node, why are we still putting up with this shit 10:37
You have been my finger on the pulse of all things bitcoin, thank you Matthew. And when you are removed from YT I will follow you on the next platform, for as long as you are still making content
Hey Matt, first time commenting. Love your work! Was listening to Marty Bents podcast over the weekend with Matt Corallo bout the new worry with mining pool centralization. He was basically calling for the nuclear option and reworking the proof of work mechanism. Also gave bitcoin a 3% chance of success, which is crazy to hear from a core developer. Seems like a serious problem although I don’t agree with his solution. Would love to see a video on this sometime if you can.
Liked, shared, shared, commenting, and then sharing again. Thank you Matt for this video. I just shared it again.
Thanks for your support
Mutiny wallet and all of these second layer developers need to do there very very best to be anonymous. I promise you the government is coming after all of the devs. Do not be surprised if the Mutiny devs are sued or arrested very soon. I used to think people who said things like what I'm saying were crazy. Now I realize, its happening. Its real.
Once the software is out there and free and open source, other people can continue the work if (heaven forbid) devs are arrested
This is way too complicated for mass adoption. Thanks for another great video.
Love the tone of this video. Very strong 💪
Your videos are very well constructed and saved my money so many times thank you
I hope bitcoin university is unstoppable.
Any individual can be stopped, but they cannot stop all Bitcoiners. We are like a swarm of bees
@@Bitcoin_Universityyou are our “queen” protect Matt at all cost!
@@Bitcoin_University we bees polinate and we also attack for the queen bee(bitcoin)..we cannot be stopped.
Bbzzzzzzzzz
Matthew you cannot be stopped. The full name in all CAPITAL letters is a LEGAL FICTION it is not you but people actually believe it is themselves learn how to defend against this FRAUD to end it.
HAPPY NEW WEEK MATTHEW ❤
Thank you for another great video Matt! Can we get a vid talking about how the ETFs are trying to corner bitcoin into an asset. This includes others such as Michael Saylor calling it property only and not money or currency. Further we have heard christine lagard calling it a speculative asset. I think that would be an important video as we want to eventually use bitcoin as money and not just a NUG tech.
What an amazing video! Thank you so much for sharing! You are honestly my “go to” for unbiased Bitcoin information! Thank you so much for helping the little guys out here just trying to stay afloat!!! God bless you! ❤️🙏🏼💯
Now I understand why they call it "Mutiny."
Bravo Matthew 👏🏻
Thank you Matt!! You are one of the most thoughtful and inspiring guys in Bitcoin Family. Keep up the good work.
Thank you for sharing, Mr. Matt.
Have a great day, everyone. Even if it is a Monday 😄
💯 would greatly appreciate if Matthew would do a more of an in-depth video on how to avoid the high fees of UTXO’s from transferring your Bitcoin From an exchange or custody to your own cold wallet.
78 usd to send .4 btc
@@rdbjbush I had a fee of $130 to send .02 bitcoin. This was a few years ago
he has done a few on UTXOs. search in his channel.
And here’s a question: there is some USDT on the OKX wallet and a phrase for it: head isolate sound end kit industry choice festival limit stable dolphin derive. How can I transfer my account to Binance?
Better ban arithmetic, too, for Ford's sake!
Where's my Soma?!
Great stuff great episode !
Christine Lagarde. said "If ther's an escape they will take it" Hope true.
"sideloading" apps can give you access to apps you wouldn't otherwise be able to run (usually because they violate one or more app store policies), (APK files).
Yes, I've heard about this, but never tried it-- thank you
Americans in El Salvador often have to sideload Bitcoin wallets to be able to function in the country until they can replace their geolocked American phones. The wallets commonly used here are already banned in the USA.
Always on the cutting edge..
Enjoying your information.
Thanks Matt for all the education. We appreciate you.
Those federation custodians are going to have bigger targets on their backs than tx signing software devs.
I wonder how many lightning nodes are running on TOR. Bitcoin core supports running on TOR only. Good uptime also gets you a lot of connections. If you can spare the bandwidth, running a TOR relay with decent uptime and internet speed will also help mask specific services. TOR isn't perfect. But with large numbers of users comes more challenging censorship.
I really would love a genuine answer and not a close minded ban... Bitcoin is the greatest store of value and that cannot be questioned, but what is the point of using a decentralised network if you need to centralise it to use as medium of exchange? I find going into extremes to be toxic behaviour, great examples are feminism, religions, vegans, politics or even bitcoin. We have a real decentralised, cheap, fast and scalable option called KAS that could work to destroy all of the scam ecosystem POS like Sol and Eth. Please keep an open mind like you did when you looked a the great project called bitcoin. The world is never going to stay still and we have to keep up.
This is epic, thanks for showing it! Unstoppable BTC baby!
File sharing could have changed the world, but it was kneecapped, what make’s bitcoin different? Yes, people still file share, but it’s not common and comes with penalties, normal people don’t use it.
I'm mildly disappointed that the pizza isn't a real QR code.
Yes, that would have been much cooler definitely
I bet you could use the placement of pepperoni on a pizza to generate a truly random seed.
@@NeuroPulse@bitcoin_university
Think we could get a video on how to embed in different mediums ? Surely with AI image generators we can make this so seamless.
“I can embed a Bitcoin receive address in a song or painting” 🤯
It's crazy, isn't it?
The original creators of masterpieces are next. All 2000+ years of it! Just don't own it, sell it, or even look at it.
Thank you, Matthew. Would a sparrow wallet, a mutiny wallet, and cold storage do it for now?
Thanks Matt
Hi matt, when using mutiny make sure you are using your own server or in the case of the company or wallet failing you may lose your funds
I've always heard the word but never seen Chaumian spelled out until now. I always thought it was Chow Mein... lol
Im Union pipe fitter. Good luck shutting my nodes down
I appeciate your auspicious thinking matthew…. krater. But you are arranging deck chairs on the titanic. We already have the solution: gold in hand.
Great information. Thanks!
Mutiny Wallet team is closing up shop. How is lightning going to work if these guys can’t stay alive. Right now scaling bitcoin is still not sorted. Especially non custodial.
Reminds me when the FBI tried shutting down the pirate bay in 2014, spoiler alert, they are still operating
awesome episode!
I once challenged the Devil. It didn't go well for me.
Great video! I did all of this over the last couple of days. Feels good to learn and be capable of self custody. Your guidance has helped tremendously! I’m slowly Orange pilling my close friends…
Do you think the coming tyranny could affect money market/brokerage accounts such as Vanguard, Matthew? We know banks can go on a “holiday,” but I’m wondering if that same holiday could occur inside of these aforementioned accounts as well….
100%
Not only can it happen, it is expected to happen, and probably sooner than we all think.
"We're not a bunch of stupid government rent-seekers with 9-5 jobs and 2hr lunches"....😄, your sense of humor layered over the factual and informative content is Gold! Thank you, Mathew 🙏
Can you make a video on MSTR. Does it make sense to hold MSTR as a form of diversification?
I like the muun wallet for both legacy & lightning
So have i didnt slip into a different coin other than BTC.
I'm gluten sensitive. So, yes: Let's ban all pizza's!
🤣
how would you feel about doing a video about the Japanese yen
Nunchuk is a decent mobile wallet.
Great explanation
the pizza looked yummy and that's ok b/c we are going to have a modern day Renaissance VIVA BITCOIN!
Bitcoin and freedom 💪
I wonder if Mutiny will even work in the Tor browser. The free VPN in the Opera browser is another option.
Thank you
most BU vids i like to listen to fast , but some like this require my smooth brain to listen to Slowly
Great to see these technologies, but so much more is needed. How do we 10x or even 100x capital investment to push more development? Do you believe current models of grant-led FOSS development is viable to scale to what is needed? Opensats (and similar initiatives) are fantastic; but I'm not convinced it's going to incentivize the commensurate level of human skill that will be required in the coming decade to create the technology needed for 9 billion humans. I hope I'm wrong.
Matt can you cover the new capital gains law they want to pass?
I heard it's terrifying!
It won't pass
I have a question. If you could make a video or let us know how to move btc from base layer where the user is primarily using sparrow into mutiny under lightning. Thanks.
Great information here
Please recommend a cold Wallet for Canadians
I love the Coldcard hardware wallet:
coldcard.com/
Am I wrong to worry that KYC sats, at least in the US, will be largely "useless" if the US government ever does try to crack-down on it in ways you've suggested in recent videos?
Thank you, 🙂
Thx so much. Love mutiny.
You never said how much BTC you need to avoid federation?
It depends on on-chain transaction fees at the time, which must be paid in order to open up a Lightning channel
Great stuff MC!
Anyone know the best exchange for no kyc
Thoughts on Tangem wallet?
So how does Mutiny make money for themselves if they don't charge ANYTHING for each lightning transaction?
Pizza ban ! LOL, great video Sir, thanks for creating it
Can’t stop won’t stop !
Please explain how Lightning Network is BTC. I am convinced that the Lightning Network is kind of like a BTC "Stable"network, like Wrapped BTC, or anything else that claims to be 1 to 1, but is not BTC. Please convince me that Lightning is worthy of use.
On the surface, it looks like a similar concept, but the decentralized trustless aspect is important to consider (as opposed to the usual scams where you hand over to someone your BTC, and they give you wrapped garbage in exchange). In the case of LN, you sign a contract to lock your own BTC into the channel, and (assuming a non-custodial channel) none of it can leave your channel on LN without your digital signature (i.e. you still own it, whether you consider it "wrapped" or not). The node you are connected to can close the channel if they were the one who opened it, but the channel opener pays the on-chain fee to close it, and your LN balance ends up as a fresh UTXO that you own back on the base layer. If you opened the channel, you can settle it whenever you want (at the cost of the on-chain fee), and again your LN balance ends up as a fresh UTXO that you own.
aren’t the passphrase words on the web if you do that?
Also Electrum is still legit wallet.
Yes - OG and still one of the best.
Encouraging to see smart people immediately bypass the bureaucrats. BTC is a work of genius.
Ty MC
Thoughts on the Blockstream Green?
Thank you for all the wisdom you share. As a person who wants to move his btc to self custody, is mutony and Phoenix all that I need?
If yes, than my phoenix wallet is as custodial and mutiny to use for payments?
If all you want to do is start self-custodying, have you considered Sparrow + Blockstream Jade? MK talks about this a few times in previous videos.
I notice that at 8:16', the Federation will be expired on Sep 2, 2025. Could anyone pls do me a favor by explaining what will happen to our balance in Fedimint after this day?
Can't they just shut the Mutiny domain like how Samouri was shut down...?
Unlike Samouri, their product doesn't rely on or connect to services that they are hosting, but instead you select what LSP to connect with. It is also open source, and would likely continue to be used and improved on, even if the organization itself were to be taken out and everyone currently involved imprisoned.
We got Bitcoin Pizzas before GTA 6. 💀💀
My bank don’t allow me to purchase crypto, tried most 3rd party apps only to be blocked or account deactivated…please could you help me find someplace or any way I can continue to buy
banning those 2048 words from the dictionary
The dictionary is a transferrer of information, and as such, money. Who do we go after in that case? The ancient Grecians?
My man Matt!
So a Trezor isn’t sufficient anymore?
what exactly is required for phoenix wallets? they only wanted to affect us persons, no?
Mutiny Wallet. Wow!
top quality video!
Hi Matt, can you import the seed phrase of another wallet into mutiny to get started? Or is this an issue of derivation paths ?
Yeah, I'd like to see PokeYourHontas try to ban pizza. LOL That would go over like a fart during prayer time in church.
Matt, are you on Nostr yet?
Federation…sounds like Star Wars!😅