The Real Threat of Centralization & Censorship in Bitcoin!
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- Опубликовано: 23 апр 2024
- In an act of war, the US Government froze Russian dollar assets at the beginning of the Ukraine/Russia conflict and as of yesterday, Russia struck back by seizing over $400m in assets from JP Morgan, the biggest bank in the US. This makes us take a look in the mirror at the the real threat of centralization & censorship in Bitcoin mining as we highlight the importance of keeping Bitcoin decentralized, secure, and most importantly freedom money.
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WARNING: Beware of scammers who use Swan's image and name in the comment section. We will never ask you to contact us through RUclips. If you have any questions and want to reach us directly, follow our Twitter account @Swan and send us a message.
WARNING: Beware of the scammers in the comment section that use Swan's image and name. We will never ask you to contact us through RUclips. If you have any questions and want to reach us directly follow our Twitter @SwanBitcoin and send us a message.
I don't need a channel that talks about price everyday. I'm holding my BTC for at least 5-10 years and will probably never sell and transact in BTC for the rest of my life. This channel is a lot more informative, together with Bitcoin University.
Never sell is the best way to go. Borrow cash from your assets so you never have to sell them and you don’t have to pay tax because you’re not selling.
@@1245JLI could never understand how someone would willingly give up the hardest asset humanity has ever known for worthless pieces of paper backed by nothing
Swan is changing the world 🌎 through Bitcoin education thank you
Brilliant Dante - I watch EVERY episode sir! Like smashed too
Excellent!!!
My food philosophy is proof-of-steak but all my real money is definitely proof-of-work! And we definitely need more decentralization of pools.
Proof of Work...Yes! Decentralized
There has never been a decentralized proof of work network.
Ive read the Bitcoin Standard, the Fiat Standard, Broken Money and currently reading The Price of Tomorrow, all these books have been mind blowing, especially just how ignorant we have all been to the constant corruption and milking of its citizens that governments engage in through the traditional financial system.
This is the first time in history we have a truly decentralized way of opting out of the current scam system that will push problems into the future and essentially enslave our future generations. Now is the time to switch. We must protect and advocate for Bitcoin at all costs.
Freedom money requires privacy
Tasty vegetables 🥗
Appreciate the solid info on Bitcoin.
IMHO this is the best bitcoin info on RUclips. I'm really tired of all the split screen talking head videos going on and on about price, acting like BTC is a stock, and constantly framing bitcoin in the context of USD. Info like this video series from Swan really stands out and the humor and sports references every so often chunk up the technical info nicely. I've got the mining report downloaded, definitely looking forward to learning more and appreciate it. Thanks, Dante and Swan!
Great content
This is more important to me than the the price going up and down daily .
Awesome. Thx.
Thank you Dante!
Great to see the miners positively enabling growth in power supply in Africa. Same thing is happening in Ethiopia.
Great show DC
Brilliant work Dante and Swan team 👏👏
Another awesome video! Thanks Dante!
Good job Swan
Great show, as always.
Great work 🤝🏽
Great video
Dante! Loved it. This what we need to hear.
so many solar panels in Cali the grid is wasting power aparently . good opportunity for Cali State Mine btc
And about 40% loss of Energy from the Wires themselves! There's gotta be a smarter way to transmit Energy.
Really liked this format
Great video Swan ❤
Amazing
You should give you thoughts on if Runes, Ordinals, & Inscriptions are a DOS attack. Matthew Kratter from Bitcoin University has been going off the last few days. I'd love to hear your thoughts.
I’d appreciate hearing this perspective as well!
Thank you Dante, appreciate all your videos. You are absolutely right…we need to hear this!
Jester TURDeau just changed capital gains from 50% to 66.7% of the gains being taxable.
I smashed the like button so hard
Excellent information.
SWAN is a Bitcoin OG. Keep it up!
🚀🚀🚀🚀🚀🚀
$400m is grains of sand.
❤
Excellent video. A much needed topic. I’ve been here since 2017 and don’t fully understand this side. Cheers.
FJB. Vote republican as if your financial future depends on it.
This is like my daily sermon.
Swan has 1% of all the bitcoin mining power?? Thats HUGE
Excellently presented... good info and in future do an episode on lightng network. Explain it in small business terminology
$400M = Nothing, Oh, and keep your broccoli...
If only JP Morgan had a set of private keys 🤷🏾♂️
Two mining pools control 51.2% of the network. Three people control those mining pools. The most centralized networks are proof of work networks.
Well if the number never goes up. Bitcoin would be irrelevant and meaningless. It is what it is.
BITCOINER HERE: Its not wierd you dont talk about the current issue with transaction fees caused by Runes, ordinals, inscriptions making the blocks clogged with BS???
I’m still thinking that it’s a sexy topic when bitcoin price goes down so I can keep buying some more and get the most value for my Fiat currency before it inevitably is insanely high, which we all know is coming!
The prices right now are “insanely high” compared to 14 months ago
I loved that "news clip" explainer about Gridless -- can anyone send me a direct link to it?
😊
Is there a way to use Swan in Europe?
Oh I misunderstood! I thought block was going to allow the merchants to save in bitcoin!
While vegetables done right are just as tasty as anything else, talking about mining and network infrastructure is the meat and potatoes. And we're firing up the grill tonight!
25 cents a kwh? I have people tell that 5 cents (USD) is too high.
@ Mukwano Coffee we've been selling coffee for bitcoin for 2 years... Drives me crazy when I hear that haha
How does Swan help prevent customers ending up with unspendable UTXOs? If they are DCA regularly to self custody, seems like a real and growing risk...
i've used the automatic withdrawal on swan, you set the size, like 0.01 or 0.025 etc
Bitcoffee
How is an adverse for a minor to take transactions that they believe will give them the greatest profitability, when when they still have the same chance as any other minor to get the next block? That's laissez-faire 101
I thought it was very sexy. And one of your best videos. Thank you.
That was a good - make that great - and worthwhile rant. "Eat your vegetables." Learn the whole Bitcoin story.
Bravo Russia 🎉
Govt.need to control bitcoin otherwise it is going to collapse soon.......m
First?
JPM is the devil, I'll save my tears.
Once NATO attacks Putin, it's btc buying time again, much much lower.
I can see those extra sats in my eyes.
I can tell by the way you hodl me.
It would be long before it's buying time.
Not veggies. Liver. We all need to eat our liver.
Get rid of Biden in November, please!
Dante.. you’re a great guy … be a pirate save the world… buy pirate chain… ARRR.. is the symbol
Buy ARRR.. best crypto currency