I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins. When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
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.
For all anybody knows bitcoin is a CIA or BlackRock creation…. One things for certain though, you don’t control the power grid and when the power goes out is when cash is needed most
The hard money crowd went from gold and silver, because the paper money is only backed by faith, the might of our military and trillions in tax revenue.... to digital nothingness. 😂 Not a critique just honesty.
@@savageinstitute9569 Perhaps, but people don't understand blockchain technology, which is why they are dismissive of it. Love Chadd, but this reminds me of congressman explaining why a part of my AR makes it an "assault rifle". Lots missing in this Truck Talk.
@@savageinstitute9569 military and tax doesn't prevent state paper money to lose value or to collapse, so it's not backed by it, just by faith, and there's no reasons to have faith in it
Me and mine are no longer investing in this world but storing our treasures in Heaven. :) Learning as much as we can in the way of being self sufficient-but if the Good Lord above was to present us with a place to go....some land and a place to grow some food and raise some animals...that'd be ok with us o'er here. Blessings to all, in Christ Jesus' name.
Matthew 6:20 KJV But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
Used to think like this about Bitcoin until I actually studied block chain and its purpose. Bitcoin is heavily protected, and was created to be the #1 hedge against inflation. There will ONLY ever be 21 million Bitcoin created. Thats how it was designed by Satoshi. As of now, there are 900 bitcoins created daily. In April (also every 4 years) that amount will be cut in half to 450 per day. Then 225 per day in another for years, and so on. DEflationary asset
I respect you Chad, seriously, you should study BTC. NFTs and crypto are NOT the same as Bitcoin. I heard about BTC back when I was in the USAF in 2009. It was around $10 then, now it's 42k. With that kind of $$, you can help millions of ppl.
Yup. I love Chad too, but most people haven't realized the power of it yet. Most won't until everyone wants it and missed the train. BTC is a disruptive technology just like electricity, oil, natural gas, railroads and such. I wonder if there were a lot of dissenters with those technologies too .🤔
This is what I'm talking about. I feel I missed out because I have only been in Crypto for 2 years . Even though I am about to have life changing gains. Good for you brother.
@@BTCPT And you are proving you are clueless to your surroundings.. Incase you missed it we are living in a clown world with all sorts of threats that can totally change our lives.. Now if you are already squared away with fully stocked bunkers, multiple bug out locations, an armory, a mountain of ammo, decades worth of food and water where you can invest in materialistic wealth good for you. Most people aren’t and many are living paycheck to paycheck. I for one have no spare money to invest in anything not tangible and in my hand. And good luck trying to convince me when and if society comes back crypto will still be there. People will be extremely lucky if land ownership even means anything at that point.. Personally. I rather prepare than invest in crypto. I can’t eat crypto or use it to defend myself. I’d much rather have my preps and not need them rather than investing in anything else and need my preps and not have them.
My great grandfather, born in 1897, told me this. Skills and land. "God isn't making any more land," he said. While he was teaching me how to bring up water from the well without muddling it all up, he said, "One day, you are going to be buying this in bottles." That's all you need to know. You said it so well, "Everything on the internet is man made".
Chad this so crazy you’re talking about this. I have a good friend that has thousands of dollars invested. I asked him well how does it work. He explained it. I was thinking the whole time. There’s nothing physical of value in it. I’m so glad my country boy knowledge helped me out.
The obvious thing that hasn’t been said here though is… at one point, it was possible to put $100 in (early) and get $100,000 or even $1,000,000 back… when you SOLD that bitcoin after it increased. That’s how people can/could get right on it. Buy low sell high, as always.
Damn, I thought for the first time I was going to disagree with Chadd. My money is in land, tractors, homes and guns and ammo. I have a 401K and I need to cash it out for silver and gold.
@nicke.3011 yep! Should've taken advantage of the short lived covud thing they were doin. Tax/penalty free early withdraw. I am not positive that was true. Curious though. Mark W has about the same thing goin on as me. Good luck guys.
I agree with a lot of what you say, and appreciate your content and these truck talks. However BTC is deflationary and you can’t make/print/create more of it. I would do some more research on this subject. I also in no way shape or form support CBDCs or crypto on a global scale, but there is a use case for it, at least for now until the powers that be crush it like they do everything else. I would not suggest anyone jump into crypto without actually understanding the concepts and underlying technology behind it. While I don’t advocate for keeping your coins/tokens on an exchange you can transfer your BTC to a Coinbase account and get their debit card and use the card anywhere visa is accepted using your BTC balance. Seriously dig a little deeper on the subject. God bless you and yours.
What is stopping Satoshi from market selling all million of his coins one day? Absolutely nothing but trust. The entire premise of BTC is based on a trustless system, yet the creator literally is forcing you to trust they won't destroy the project any given Sunday. Math and science are great. But bitcoin is a greater fools money grab. Especially with ordinals and all the spamming taking place.
As someone that actually owns Bitcoin, I can tell when someone is salty that they didn't buy it cheap when they first learned about it. Also, this video should be a public service announcement on keeping an open mind and being a life long learner. Just because you've decided to remain ignorant on what's been accomplished using Blockchain Technology, doesn't mean everyone else is 😉
It won't feed you in a grid down situation, or keep you safe if the world is upside down. Furthermore electronic funds won't keep you warm if your stuck in a northern wilderness lost when going hiking. Maybe learning bushcraft, survival skills, or having stored resources. Maybe you do that but if your bothered by his comment you don't see the ignorance he is pointing out toward you. Nothing wrong with either position if you walk in both worlds, just don't get stuck in your world only is his point. You will suffer one day if so.
@@fabfrenchies1974 Sounds like you're stating the obvious. Grid down prepping is different than accumulating digital assets. Of course it makes sense to prep but it also makes sense to prep for a future if the grid doesn't go down.
There are wisdom in your words which I have never heard, im actually a crypto enthusiast, and what you say is true, none is greater than the skills and knowledge of man, well said
I learned my skill in crypto trading that is why I gained and accumulated lots of crypto currency and posses finite assets like land and gold. Do not underestimate and devalue the potential of crypto currency. Some conservative and religious people before are pessimistic on using cellphone and internet now they can not leave without it.
Bitcoin has value bc people are willing to trade goods/services for it. It is no more secure than the fiat currency issued by the treasury. Bitcoin price fluctuations can be used to amass (imaginary) wealth in the short term but as Chadd said; it must be converted into a useful commodity or service before it holds intrinsic value. Skills > land.
Get the BTC chadd my man!!! We gonna be rich I say rich!! Haha when the electricity gets turned off then we realise what’s really gonna save us. Food shelter water and wholeee load of ammo and a nice rig gassed up. Stay safe folks.
Bought bitcoin years ago and actually turned it into cash so I don't know what you were talking about. When cbdc are forced upon the system you will learn about blockchain. But I invested in large amounts of property .
My imaginary Bitcoin is now worth over $60,000. The real pretend money is the US dollar which keeps crashing. I highly recommend that you read the Bitcoin standard, or the Bitcoin White paper. And then come back and make another video. You are no doubt a hero and I have a lot of respect for you, I've been watching your videos for a long time now. You're obviously very educated in your field and it shows. How you are not educated, is in bitcoin, and it shows... it's not your fault that you don't understand it but it is if you are speaking about it like you do understand it and you don't. I hope for your sake and your family's sake you decide to look into it and understand it more. You'll be glad you did.
alot of people are gonna be mad saying bitcoin bad.. but think of it like this.. credit cards... casinos... can you use these and come out in better shape.. yep you sure can... but ultimately most people lose that game... which is why it was designed. crypto is no different, even with good intentions... crypto will be controlled by outer forces and ultimately the people will lose that game. (I am also like you who is involved in crypto to make a quick flip and get out. buy land with it.) but its just like debt. do not go into debt unless you know exactly what your doing or you will lose that game. all of these games can be beat but 98% of players loose...
For me seeds, canning jars, timber, water, livestock and ammo are my investments.. It will come down to whoever possess these items will be owning everyone's bits, gold and silver..just how I see it...
The only bad thing about btc I've discovered in the years I've been researching it is the difficulty level in understanding its value. Land is confiscatable. So is gold. (1933 and 1971) possession of gold wasn't even legal till Ford made it so. Fiat has been a joke since 71. Anyone holding cash is getting stolen from daily in the inflated prices. Isn't your bank account a Leger accessible on your phone? Btc can't be printed into oblivion. There are rules that can't be broken because of true decentralization. Can't be killed or outlawed. What do I know?
You ask, where is the security in BTC... In return, I ask where is the value in the Dollar? Who is in control of the security and worth... of the Dollar? Answer... (US Government and Federal Reserve) They print a it and swap IOU's= Centralized. The (Fed) is a 3rd party group of banks...Nothing to do with the Government. Its a Ponzi scam! As well, the US government, is in my opinion, no more, so whatever this entity that is cogently in control at the moment. If the US goes bye bye, POOF...! So does the US dollar! Where is the Value in BTC? Its Security! Who is in control of that security...? Everyone and no one! If you know anything about BTC you know that it is encrypted and a limited amount produced,= Decentralized! I know you went to Public school... We all got shamed, and we are all...just waking up. And this is happing because of communication between us the people. They no longer have control over the mass communication and they are going crazy over it! Hence the last 3 + years. I think BTC is the future. The US. as we know it. and its currency will go Poof, sooner than later. I hope not... But we all see the writing on the wall, but just don't want to read it. Also, just a bit to chew on...What happen to the South when it separated from the Union. It created its on currency. How much is that currency worth today??? It has happened over and over through out history. We now have a way to hopefully even out the playing field. I ask all to do more research on the subject, please!!! Prepare now. It also has been said, if you own .02 BTC in the future you will be among the richest people in the world. This is not finical advise.@@johnb9045
my silver and gold can easily become someone elses. i dont know who but it can get stolen try stealing my crypto i knnow what wallet it goes to if i ever somehow get robbed lol@@pooroldgreyhaireddaddy
Love your channel. But I'm glad i was duped into buying bitcoin 10 years ago because that's how I paid cash for my house. So definitely real enough for me. NFT's are another story. Anyways, respect you.
It been paying my rent for the last six months off a 10k investment, Chad I respect you man but on this one you simply are uninformed, the code is open to anyone to view and in fact the ammont IS limited and about to be going through a halving. So unlike usa monatary pollicy where they litterlly creat more paper money that is backed by noting and stored in some government computer also btw, bitcoin is finite and intrinsaclly gains more value over time. There is a reason that the 4k bitcoin your buddy gave you in 2018 is now worth 43k.
@@markbaum3388absolutely agree. It’s not even about being a crypto tech nerd. I’m a carpenter, I love the old ways and everything analog but Bitcoin is just something special. Glad people are waking up to this.
@@markbaum3388 Not at all, nobody says you can't make Bitcoin money and pay cash for land or resources or invest time in learning physical real world skills. However if you only chase electronic bliss you will suffer one day is his point.
Chad your fiat $ is melting like an ice cube 🧊. Your land is being taxed. Btc is hardest money ever created. It truly represents your energy. Might want to look into it some more during your morning readings
Chadd - all due respect but you’d be the first to tell someone to learn your subject before preaching about it, am I wrong? Bitcoin aligns with the aggressive libertarian ideals we love 100%. It also severely punishes those who do not put in the time to learn about Bitcoin. do the work on it, I can tell you haven’t yet. it deserves your attention.
Yep, I love Chadd but this video is irresponsible and is leading people astray. What he doesn’t understand is that all of us Bitcojners were skeptics once too, but we took the time to learn and understand it. Everyone gets Bitcoin at the price they deserve.
My brother was broke, 6:37 sold his bitcoin, changed his life. He didn't think it made any sense either, then he cashed it in laughing at his naysayers
Resources have value because enough people have determined them to be of value. Bitcoin will have value long after the fiat dollar, pound, euro, rubble, yen etc have lost all their value. The endless printing and debt will cause the world to lose faith and governments and their funny money.
BITCOIN has a cap of 21 million! How do i know? Its written in code, which is open sourced. Public knowledge. You know who excepts BITCOIN? Precious metal dealers.
Brother I'm just a guy on the internet and you don't know me so the comment is worthless. I don't know that I've seen a video of yours and thought to myself " man he's way off the mark with this" until now. Not understanding something doesn't make it any less real. I paid for the windows in my new house with bitcoin. It's more real than the cash in my pocket. People who hold bitcoin will be in a totally different socioeconomic class in the future. Nothing but love to you Chad. God bless.
So coin base accepts my BTC and then deposits US dollars into my bank account. I can then take those US dollars and buy land, gold, lead, and whatever else I desire.
@user-df3ye5nm9y It's really just understanding the nature of the beast. Only 21M can be mined, but those can be broken down to smaller units. Hey Chad, if you don't want that imaginary BTC, the medic sent you, just send it over. 🤣🤣🤣
That is the most ignorant statement I've ever heard. Have you see a chart of the purchasing power of a dollar 100 year chart. Obviously not. Things don't get more expensive your paper aka fiat currency is loosing value... Wake up or face the consequences
@@danielleuteplace535 so are your make believe dollars....Same concept. That's why the government is going after bitcoin, they don't like it because they can't manipulate it.
True, you can always tell whrn someone hasnt done their researçh on bitcoin. It takes time understand it with research. Most people who talk like him are just upset the price is almost unreachable for most and they missrd the boat
Wealth is my goal and I have already obtained that through Christ who paves his streets in gold! No other wealth matters in comparison. It is not nature or laws of physics that define wealth but the one who created all of it. Now that I have true wealth it would be nice to have financial freedom. I’m hoping to figure that out one day. Good word brother!
I buy bitcoin and when it goes up in value, I sell it to buy gold, land, and ammo. I now have far more gold, land, and ammo than I ever would have had if I had never bought bitcoin.
Hmm it is almost as if bitcoin is doing what it was designed to do… be a store of value that can’t be inflated away or censored by nation states. Bitcoin is an abstract asset but it can be extremely useful to humanity. People are just now catching on to the marvel that bitcoin truly is. Chadd might figure it out one day.
@@ZacksLabunfortunately its centralized now. BTC is old tech and onlt a small group controls it now. Why do you think they want a ETF? Look at what happened when they included silver and gold imto the paper markets. They can comtrol 100000 oz of silver with $500 of paper. Its cheap for say JPM to comtrol millions of oz's. Hemce the reason price has been suppressed. BTC will be the same
I merely buy-and-hold Crypto, and it gladdens my heart that this is all happening now. eight months ago, I made sizable purchases, and since we are now approaching a bull run, I know i'll gain all i lost. What are the best Altcoins to acquire?
Cryptocurrency is booming, notably giants like BTC and ETH. Yet, the market's rollercoaster nature is testing even the hardiest investors. which is why we should look out for proper market analysis or alternatively seek guidance from certified market strategists
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Natalie Ann Brinkman is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
You could wait till after blackrock and fidelity get their bitcoin etf approved and sell it for $100k, or hold it till 2030 and sell it for a half a million to a million too. As long as you sell it cuz it’s going to zero. 😂
lol. chadd's math skills distinguishing themselves in the video. i'd recommend listening to a commodities expert regarding bitcoin and a tactical warfare and endurance sports expert like chadd for those topics. honestly he's pretty pretty spot on across the board. until now. : )
I've been buying since 2017 as well. Most of my btc was bought for under 1k. I just cashed in 2 the other day for 42k. I bought a new car with it. Seems to work for me :-)
I like Chad a lot but....nah. I'll keep my profits and I'll keep my bitcoin and I'll keep DCA'ing in and I'll keep watching chad too. Everyone is entitled to their own opinion and he doesn't infringe on mine so I won't on his. But boy do I like my bitcoin lol..solar stocks did me very well during '16 to '19...but the market is rigged for sure IMO..I'd rather be in bitcoin which I am. God bless y'all
At least you're finally talking about it, that means you're thinking about it. Still a noob conflating bitcoin with all other crypto currencies. Country boy logic, yet you're using the internet (a digital technology) to convey your message. Digital good, but not for money. Money is information. Bitcoin is digital information secured by energy, all it does is convert watts to digital bits of information.
Chadd, you're a smart guy but you need to do more research on Bitcoin before doing videos on it. For someone who is morally opposed to taxes and who strongly dislikes the federal government, this argument sounds sub-sophomoric, and this video will be one you look back and laugh at some time in the future.
Agreed, he makes a video explaining something he doesn’t truly doesn’t understand. Thats ok we all fallible, he’ll figure it out and I still like his values and work ethic.
He’s way out of his lane on this one. It’s the worst video he’s ever made imo. He is so ignorant in this video it makes me wonder if I should be watching any content on this channel.
Bitcoin is legit, give it time, but it will become mainstream. And remember Chad, you’re making money on this thing called RUclips that didn’t exist 20 yrs ago, so go figure!
By definition of written law it (cash) must be accepted as tender in transactions in a professional setting (meaning not req'd in private transactions). So, a store owner does not have to accept bitcoin nor unicorn poop (although that's EXTREMELY finite) to give you, oh, say....your food. Nuff said?
Thanks for the good summary! Now is the perfect time to start buying stocks and crypto( BTC, ETH,) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to Boston Weber Program for helping me get into his trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Boston....
Chad. It’s in the protocol or blockchain. 21 million will always be the total number. Please research. No one can change the white paper. If you bought Bitcoin you can sell it and buy you some land. Pay taxes and can be confiscated by government. Check out El Salvador and the change this coy is seeing due to Bitcoin. Just my opinion. Nuff said 😊
Last week, El Salvador’s National Bitcoin Office posted from its X handle stating in part "The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD)." Frank Muci, policy fellow at the London School of Economics and Political Science (LSE), discusses why he thinks El Salvador’s long-planned bitcoin (BTC) bonds are a "nothing burger." - CoinDesk
I love how people's best argument against bitcoin begins with "well if the grid goes down". Really...really?? Yes, if that happens, then even gold will be worth less than food, water and bullets. IMO.
@@jaye7010 electricity would have to go down in every country in the world where a bitcoin node is running. as long as one bitcoin node remains running, somewhere in the world, the bitcoin doesn't disappear. There are bitcoin nodes in hundreds of countries across the world.
@@30rdmagai live where the State gives it’s gold to Canada and curb stomps children to death in broad daylight to “teach me a lesson” while selling women for sex while they torture children by saying they’re the reason for disease.
It is real as long as there is a consensus of millions of computers verifying the blockchain ledger. It is therefore MORE real then our own currency in America. Make money by taking advantage of technology and emerging systems unknown to most, that is how I roll. To each their own Sir.
Chad, i love you and what you're doing. But you are wrong here. The us dollar is fake. If bitcoin is fake pleassend me one. Again love you and what yours doing.
I got me a nice Harley Davidson from that fake Bitcoin lol like that old Kenny Rogers said you gotta know when to hold em know when to fold em know when to walk away know when to run !
Worth noting; crypto is as real as that wadded up paper in your pocket. I can right this minute buy gold or silver with bitcoin and get a better price than with cash/card. Bitcoin is not as convenient as cash and not useable everywhere, but you can damn sure use it to buy metals that are. Love your channel man.
I’m thoroughly unimpressed with your country wisdom, because BTC is finite by design and has been the best performing asset in the world since 2009, hands down.
I agree with this to an extent. Not going to lie, kinda ironic here we are two months later and bitcoin and others are at all time highs hahaha. I agree 100% it does not hold true value but if the majority of a population says something is worth something, then it does have some amount of value.... for the time being. God bless you all and stay safe out there.
Very insightful. In business school I learned all you have to do is figure a way, either through a product or service to make just a dollar or 3 from millions of people (see Amazon) and you are on your way to getting very wealthy in a material way. I leaned from watching some people that true wealth is watching your children bring their children home for the first time.
@@TheElephantShaman yeah being an expert at one thing doesn't mean you are an expert at another. All good, as a successful investor and trader... I need people to chase and provide me exit liquidity.
@@lonewolf30531 Don’t watch the news. Don’t need too to see what’s going on. I have windows and a door and go outside to see for myself. I’ve invested the bulk of my money in shelter, beans, bullets and bandaids. Unless you are filthy rich you aren’t ready for what’s coming if you are investing in anything that requires electricity or the internet.
This is a little silly. I know people that bought Bitcoin when it came out and cost nothing and now they are rich because they cashed in. I know a guy that bought a little 2 man helicopter and took lessons from his Bitcoin profits. I know a guy who bought a house with Bitcoin. You can buy almost anything online with Bitcoin. I researched the stuff for months before I finally decided to buy some. You don’t really understand what you’re talking about. How is the fiat dollar backed by nothing and losing purchasing power daily any different?
Well thank you for sharing that you don't understand finance. 😂 Here's some fun facts for you. 90% of thr USD out there exists on a hard drive. You're just "pretending" you don't transact with a digital currency already. Gold isn't scarce. Bitcoin has finality and a public ledger. Buying Bitcoin to get rich is stupid. Bitcoin IS the back. It is the hardest, scarcest most valuable asset that mankind has ever known. Rich people get it, poor people fear it, poor people need it, rich people are taking it. You do the math. Oh, but if there's a power outage 😱 Yea. Lemme know how that 18 billion dollars that's available for FDIC insurance for 3 trillion works out for ya.😂
Man does manipulate the amount of gold and silver that exists. Look up how many ounces of paper gold and silver are sold to every physical / real ounce of gold and silver. You’ll be shocked.
Yes, I got some Gold. Also foreign currencies, art, collectibles, option contracts, real estates,... It is called diversification across multiple assets. Common now, these are as basic as holding long term food, water, medicines, and weapons. And don't forget training to use what you got.
Q Use the unrighteous mamon To make friends 🧡 So in heaven, they'll welcome you into their homes 🏡 Use bitcoin etc. US dollars 💵 to buy real things. Buy your farms 🚜 and goats 🐐 Plant your vineyards Build real business and homes 🏡 ❤ Q ❤
Bitcoin is a tool. A tool that allows us to send value across the world fast, cheaply, and permissionlessly. The car you are sitting in, and the camera you are recording with, were bought with a tool named "money". Not with water, not with lead. The video you just made is real. You've posted it on the internet so people worldwide can watch it (as I did). All man-made. If there wasn't such a tool, you'd probably have to send VHS to followers. Or most likely you wouldn't have any, besides your local community. Bitcoin, as a form of investment, is a whole other topic. You said: "There's only so much of it according to who?" Well, don't make statements like that. Because people who understand the tech behind Bitcoin will see how superficial you were in your "research", and will start questioning the integrity of every other video you made so far. PS Don't get me wrong. It's not Bitcoin vs water vs skill vs land. It's a tool.
All due respect, you’re wrong on this one. Btc is just a digital ledger that’s controlled by everyone that uses it and can’t be altered. Not controlled by one person.
@@ralphholiman7401 yes, possibly one Man created it, that’s not the question, the question is What did he create? He created a piece of computer software that has to follow its own rules, we can clearly see the rules that this program must follow, and is only controlled by the majority of its millions of users.
No one knows. They can't get to him or her or whomever to stop bitcoin. Bitcoins adoption rate surpasses cell phone adoption. Imagine it's 1994 and you have a chance to buy into Google. Would ya? Well, it's 1994 again. You'll kick yourself if you don't get at least some btc. It's about to explode.
Gold is money all else is a derivative it's all credit. Gold and silver guys. Hate on me if you like, but it's important to have something outside their system
Chadd with great respect, you do not understand bitcoin in the slightest. Bitcoin has been created and designed to enable users to enforce the rules. Rules over rulers.
Here's a tip from someone who's made well over 100k in BTC... Convert the BTC you want to spend to cash and withdraw it back to your bank account! Glad I could help. 😆
Bitcoin is the greatest invention for personal freedom since the gun. I cant explain it all to you here in the comments section. It takes hours to learn about it. I would strongly recommend putting some headphones in when you're working or running and listening to Michael Saylor explain how it is perfectly engineered money. He explains it better than anyone IMO. Keep up the good work Chadd, but dismissing bitcoin and being arrogant about it can cost you a lot of money and freedom.
The Chinese and Arab men have created more land, literally building islands. Look at Dubai, or any of the new Chinese Islands they are building as military ports.
Old man yelling at kids on his lawn!!😂😂😂 Now if you want to keep those money changers down in the dungeon go out and buy yourself some freaking dang ole Bitcoin! Nuff said! Love you man!!🙏
Crypto is a hedge against the funny money that is the US dollar. Fixed supply currency vs politicians and unelected overloards printing dollars all the way to the bottom? Selling crypto helped me buy my house and gun collection. Nothing imaginary about that. Maybe look into it a little harder. Crypto is a way out of the trap that is our financial system.
I'm overall outperforming a lot of assets by holding Bitcoin and a few other top crypto altcoins.
When my percentage goes down it goes down about double that of the s&p100/500 but when it goes up it goes up like 5 times the S&P rate.
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.
@@ThomasChai05who is your advisor please, if you don't mind me asking?
@@ThomasChai05Could you possibly recommend a CFA you've consulted with?
This is every conversation with a crypto critic.
For all anybody knows bitcoin is a CIA or BlackRock creation…. One things for certain though, you don’t control the power grid and when the power goes out is when cash is needed most
The hard money crowd went from gold and silver, because the paper money is only backed by faith, the might of our military and trillions in tax revenue.... to digital nothingness. 😂
Not a critique just honesty.
@@savageinstitute9569 Perhaps, but people don't understand blockchain technology, which is why they are dismissive of it. Love Chadd, but this reminds me of congressman explaining why a part of my AR makes it an "assault rifle". Lots missing in this Truck Talk.
A man can take your gold and land
@@savageinstitute9569 military and tax doesn't prevent state paper money to lose value or to collapse, so it's not backed by it, just by faith, and there's no reasons to have faith in it
Me and mine are no longer investing in this world but storing our treasures in Heaven. :) Learning as much as we can in the way of being self sufficient-but if the Good Lord above was to present us with a place to go....some land and a place to grow some food and raise some animals...that'd be ok with us o'er here. Blessings to all, in Christ Jesus' name.
Matthew 6:20 KJV
But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
A worthy investment.
Absolutely it's going to be the gold and silver real soon here on this dirt we live on.
Born again 2 mos ago. I do see the world in a different light. I focus on the lord. I'm not concerned so much about here and now.
@@pooroldgreyhaireddaddy congratulations sir. GOD is good, blessings to you!
BTc can be sold into usdt or usdc and moved into fiat cash
Used to think like this about Bitcoin until I actually studied block chain and its purpose. Bitcoin is heavily protected, and was created to be the #1 hedge against inflation. There will ONLY ever be 21 million Bitcoin created. Thats how it was designed by Satoshi. As of now, there are 900 bitcoins created daily. In April (also every 4 years) that amount will be cut in half to 450 per day. Then 225 per day in another for years, and so on. DEflationary asset
I respect you Chad, seriously, you should study BTC. NFTs and crypto are NOT the same as Bitcoin. I heard about BTC back when I was in the USAF in 2009. It was around $10 then, now it's 42k. With that kind of $$, you can help millions of ppl.
Yup. I love Chad too, but most people haven't realized the power of it yet. Most won't until everyone wants it and missed the train. BTC is a disruptive technology just like electricity, oil, natural gas, railroads and such. I wonder if there were a lot of dissenters with those technologies too .🤔
This is what I'm talking about. I feel I missed out because I have only been in Crypto for 2 years . Even though I am about to have life changing gains. Good for you brother.
Bitcoin is crypto...
All fiat currencies have one thing in common. Sooner or later they fail.
Everything is going to zero against BTC
I enjoy this guy's channel but this is a pretty obvious showing that he knows almost literally nothing about Bitcoin.
@@BTCPT And you are proving you are clueless to your surroundings.. Incase you missed it we are living in a clown world with all sorts of threats that can totally change our lives.. Now if you are already squared away with fully stocked bunkers, multiple bug out locations, an armory, a mountain of ammo, decades worth of food and water where you can invest in materialistic wealth good for you. Most people aren’t and many are living paycheck to paycheck. I for one have no spare money to invest in anything not tangible and in my hand. And good luck trying to convince me when and if society comes back crypto will still be there. People will be extremely lucky if land ownership even means anything at that point..
Personally. I rather prepare than invest in crypto. I can’t eat crypto or use it to defend myself. I’d much rather have my preps and not need them rather than investing in anything else and need my preps and not have them.
How do you feel about fiat money, your dollars
Damn good, and infinitely better than Bitcoin.
I quit chasing dollars , and built a life that requires as few of them as possible. Stress went down and peace/happiness went up. 😉
This was the best "Get Rich with Bitcoin" video I have ever seen.
My great grandfather, born in 1897, told me this. Skills and land. "God isn't making any more land," he said. While he was teaching me how to bring up water from the well without muddling it all up, he said, "One day, you are going to be buying this in bottles." That's all you need to know. You said it so well, "Everything on the internet is man made".
Good on you for expressing your opinion. Just don't delete this video.
I wish I had got into Bitcoin about ten years ago. I could have sold it for a huge profit.
Or just even have bought in January 2023
You should have taken his advise you could have been rich!
Chad this so crazy you’re talking about this. I have a good friend that has thousands of dollars invested. I asked him well how does it work. He explained it. I was thinking the whole time. There’s nothing physical of value in it. I’m so glad my country boy knowledge helped me out.
The obvious thing that hasn’t been said here though is… at one point, it was possible to put $100 in (early) and get $100,000 or even $1,000,000 back… when you SOLD that bitcoin after it increased.
That’s how people can/could get right on it. Buy low sell high, as always.
Some of the crypto's have patents and utility that will change the way value moves. If it solves a problem it has some value
Bitcoin is worth 800 Billion dollars in Market Cap. Tell your good friend so take a back seat LMAO
Tries understanding the biggest monetary breakthrough for a couple minutes and feels like he can make an informed decision 😅
I am people like you, from southeast Louisiana! Thank you for your service Chadd!
Damn, I thought for the first time I was going to disagree with Chadd. My money is in land, tractors, homes and guns and ammo. I have a 401K and I need to cash it out for silver and gold.
Silver is cheeeeeap rt now dude.
401k $$ will go to crap in 2024. Best to liquidate to real assets, pay the taxes, and move on with it. That's what I'm doing.
@nicke.3011 yep! Should've taken advantage of the short lived covud thing they were doin. Tax/penalty free early withdraw. I am not positive that was true. Curious though. Mark W has about the same thing goin on as me. Good luck guys.
I agree with a lot of what you say, and appreciate your content and these truck talks. However BTC is deflationary and you can’t make/print/create more of it. I would do some more research on this subject. I also in no way shape or form support CBDCs or crypto on a global scale, but there is a use case for it, at least for now until the powers that be crush it like they do everything else. I would not suggest anyone jump into crypto without actually understanding the concepts and underlying technology behind it. While I don’t advocate for keeping your coins/tokens on an exchange you can transfer your BTC to a Coinbase account and get their debit card and use the card anywhere visa is accepted using your BTC balance. Seriously dig a little deeper on the subject. God bless you and yours.
This. Love ya Chad but you're missing some key knowledge abt bitcoin.
BTC now is like the internet was in 1998. In 10 years there will be 90% worldwide adoption. I stand by what I say.
What is stopping Satoshi from market selling all million of his coins one day? Absolutely nothing but trust. The entire premise of BTC is based on a trustless system, yet the creator literally is forcing you to trust they won't destroy the project any given Sunday. Math and science are great. But bitcoin is a greater fools money grab. Especially with ordinals and all the spamming taking place.
As someone that actually owns Bitcoin, I can tell when someone is salty that they didn't buy it cheap when they first learned about it. Also, this video should be a public service announcement on keeping an open mind and being a life long learner. Just because you've decided to remain ignorant on what's been accomplished using Blockchain Technology, doesn't mean everyone else is 😉
There are so many real good future projects on blockchain that are coming for example xrp. I agree with you.
It won't feed you in a grid down situation, or keep you safe if the world is upside down. Furthermore electronic funds won't keep you warm if your stuck in a northern wilderness lost when going hiking. Maybe learning bushcraft, survival skills, or having stored resources. Maybe you do that but if your bothered by his comment you don't see the ignorance he is pointing out toward you. Nothing wrong with either position if you walk in both worlds, just don't get stuck in your world only is his point. You will suffer one day if so.
@@fabfrenchies1974 thank you very sir. I believe it’s good to have both skills in survival and investing.
@@fabfrenchies1974 Sounds like you're stating the obvious. Grid down prepping is different than accumulating digital assets. Of course it makes sense to prep but it also makes sense to prep for a future if the grid doesn't go down.
There are wisdom in your words which I have never heard, im actually a crypto enthusiast, and what you say is true, none is greater than the skills and knowledge of man, well said
I learned my skill in crypto trading that is why I gained and accumulated lots of crypto currency and posses finite assets like land and gold. Do not underestimate and devalue the potential of crypto currency. Some conservative and religious people before are pessimistic on using cellphone and internet now they can not leave without it.
You know when Chadd is in deep thought because he starts stroking that beard 😂😂😂
Bitcoin has value bc people are willing to trade goods/services for it. It is no more secure than the fiat currency issued by the treasury.
Bitcoin price fluctuations can be used to amass (imaginary) wealth in the short term but as Chadd said; it must be converted into a useful commodity or service before it holds intrinsic value.
Skills > land.
bitcoin was created by the government to replace cash and be the next fiat after the collapse of the dollar
Get the BTC chadd my man!!! We gonna be rich I say rich!! Haha when the electricity gets turned off then we realise what’s really gonna save us. Food shelter water and wholeee load of ammo and a nice rig gassed up. Stay safe folks.
Bought bitcoin years ago and actually turned it into cash so I don't know what you were talking about. When cbdc are forced upon the system you will learn about blockchain. But I invested in large amounts of property .
No... you are not stupid at all. Quite the contrary. Country boy logic works perfectly. Thanks for the video. Regards.
Earthly Possessions should be:
Finite
Tangible
Usable
Tradable
My imaginary Bitcoin is now worth over $60,000. The real pretend money is the US dollar which keeps crashing. I highly recommend that you read the Bitcoin standard, or the Bitcoin White paper. And then come back and make another video. You are no doubt a hero and I have a lot of respect for you, I've been watching your videos for a long time now. You're obviously very educated in your field and it shows. How you are not educated, is in bitcoin, and it shows... it's not your fault that you don't understand it but it is if you are speaking about it like you do understand it and you don't. I hope for your sake and your family's sake you decide to look into it and understand it more. You'll be glad you did.
alot of people are gonna be mad saying bitcoin bad.. but think of it like this.. credit cards... casinos... can you use these and come out in better shape.. yep you sure can... but ultimately most people lose that game... which is why it was designed. crypto is no different, even with good intentions... crypto will be controlled by outer forces and ultimately the people will lose that game. (I am also like you who is involved in crypto to make a quick flip and get out. buy land with it.) but its just like debt. do not go into debt unless you know exactly what your doing or you will lose that game. all of these games can be beat but 98% of players loose...
For me seeds, canning jars, timber, water, livestock and ammo are my investments..
It will come down to whoever possess these items will be owning everyone's bits, gold and silver..just how I see it...
Bitcoin is only up 140% this year, most of any asset in the world smart video sir lol😂
My #1 thought on Bitcoin is NO ELECTRIC/ NO BITCOIN.
I'd take brass and lead in that situation over Bitcoin. 😅
Chad owns bitcoin NFTs and a valid license plate, just so you all know.
"Book smart and Street smart. "
🙃The imaginary game is the US dollar. LOL!
The only bad thing about btc I've discovered in the years I've been researching it is the difficulty level in understanding its value. Land is confiscatable. So is gold. (1933 and 1971) possession of gold wasn't even legal till Ford made it so. Fiat has been a joke since 71. Anyone holding cash is getting stolen from daily in the inflated prices. Isn't your bank account a Leger accessible on your phone? Btc can't be printed into oblivion. There are rules that can't be broken because of true decentralization. Can't be killed or outlawed. What do I know?
Apparently you know quite a bit about the juice...@pooroldgreyhaireddaddy
You ask, where is the security in BTC... In return, I ask where is the value in the Dollar? Who is in control of the security and worth... of the Dollar? Answer... (US Government and Federal Reserve) They print a it and swap IOU's= Centralized. The (Fed) is a 3rd party group of banks...Nothing to do with the Government. Its a Ponzi scam! As well, the US government, is in my opinion, no more, so whatever this entity that is cogently in control at the moment. If the US goes bye bye, POOF...! So does the US dollar!
Where is the Value in BTC? Its Security! Who is in control of that security...? Everyone and no one! If you know anything about BTC you know that it is encrypted and a limited amount produced,= Decentralized!
I know you went to Public school... We all got shamed, and we are all...just waking up. And this is happing because of communication between us the people. They no longer have control over the mass communication and they are going crazy over it! Hence the last 3 + years.
I think BTC is the future. The US. as we know it. and its currency will go Poof, sooner than later. I hope not... But we all see the writing on the wall, but just don't want to read it.
Also, just a bit to chew on...What happen to the South when it separated from the Union. It created its on currency. How much is that currency worth today??? It has happened over and over through out history. We now have a way to hopefully even out the playing field.
I ask all to do more research on the subject, please!!! Prepare now. It also has been said, if you own .02 BTC in the future you will be among the richest people in the world. This is not finical advise.@@johnb9045
my silver and gold can easily become someone elses. i dont know who but it can get stolen
try stealing my crypto i knnow what wallet it goes to if i ever somehow get robbed lol@@pooroldgreyhaireddaddy
@@johnb9045😂😂🏆
Love your channel. But I'm glad i was duped into buying bitcoin 10 years ago because that's how I paid cash for my house. So definitely real enough for me. NFT's are another story. Anyways, respect you.
It been paying my rent for the last six months off a 10k investment, Chad I respect you man but on this one you simply are uninformed, the code is open to anyone to view and in fact the ammont IS limited and about to be going through a halving. So unlike usa monatary pollicy where they litterlly creat more paper money that is backed by noting and stored in some government computer also btw, bitcoin is finite and intrinsaclly gains more value over time. There is a reason that the 4k bitcoin your buddy gave you in 2018 is now worth 43k.
@@markbaum3388absolutely agree. It’s not even about being a crypto tech nerd. I’m a carpenter, I love the old ways and everything analog but Bitcoin is just something special. Glad people are waking up to this.
@@markbaum3388 Based on your words your landlord is the real winner.
@@markbaum3388 Not at all, nobody says you can't make Bitcoin money and pay cash for land or resources or invest time in learning physical real world skills. However if you only chase electronic bliss you will suffer one day is his point.
@@markbaum3388when the financial crash happens or a major cyber attack your bitcoin will be useless. enjoy it while you can
Chad your fiat $ is melting like an ice cube 🧊. Your land is being taxed. Btc is hardest money ever created. It truly represents your energy. Might want to look into it some more during your morning readings
🙏
True!
Got news for you buddy. Our U.S. dollar is imaginary too! Is software imaginary? Look at bitcoin like it is software, which it is.
better trade it for something you can hold brother!
Your are definitely right..... Bitcoin is like the 1st iPhone. I am invested into XRP.
Not tangible
Chadd - all due respect but you’d be the first to tell someone to learn your subject before preaching about it, am I wrong? Bitcoin aligns with the aggressive libertarian ideals we love 100%. It also severely punishes those who do not put in the time to learn about Bitcoin. do the work on it, I can tell you haven’t yet. it deserves your attention.
Well said.
Yep, I love Chadd but this video is irresponsible and is leading people astray. What he doesn’t understand is that all of us Bitcojners were skeptics once too, but we took the time to learn and understand it. Everyone gets Bitcoin at the price they deserve.
🙏
My brother was broke, 6:37 sold his bitcoin, changed his life. He didn't think it made any sense either, then he cashed it in laughing at his naysayers
Resources have value because enough people have determined them to be of value.
Bitcoin will have value long after the fiat dollar, pound, euro, rubble, yen etc have lost all their value. The endless printing and debt will cause the world to lose faith and governments and their funny money.
BITCOIN has a cap of 21 million! How do i know? Its written in code, which is open sourced. Public knowledge. You know who excepts BITCOIN? Precious metal dealers.
🙏
💯
Ferrari now accept Bitcoin too, this video won't age well........
Banks accept it just like your cash now😂😂😂
Yeah this guy doesn’t even know what code is hahaha 😂wonder if he knows what a computer program is
Listening to this guy makes me wanna buy more bitcoin!!!!
he went off the rails cause he missed out and so did I.
Brother I'm just a guy on the internet and you don't know me so the comment is worthless. I don't know that I've seen a video of yours and thought to myself " man he's way off the mark with this" until now. Not understanding something doesn't make it any less real. I paid for the windows in my new house with bitcoin. It's more real than the cash in my pocket. People who hold bitcoin will be in a totally different socioeconomic class in the future.
Nothing but love to you Chad. God bless.
So coin base accepts my BTC and then deposits US dollars into my bank account. I can then take those US dollars and buy land, gold, lead, and whatever else I desire.
Yep, or you can buy a hat, buy a T-shirt. 😄
Exactly . His first bad take so far
@user-df3ye5nm9y It's really just understanding the nature of the beast. Only 21M can be mined, but those can be broken down to smaller units. Hey Chad, if you don't want that imaginary BTC, the medic sent you, just send it over. 🤣🤣🤣
@@mdavid2100 LOL good one
No that's all "make believe". Doge and Shib to the moon!!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
If you want to double your money fold it in half and put it back in your pocket
😂 love that!
While the government prints more, thus devaluing your folded money in your pocket.
Inflation dosnt make thing more expensive, it makes your money worth less
Whoa 🤯🤯🤯🤯
That is the most ignorant statement I've ever heard. Have you see a chart of the purchasing power of a dollar 100 year chart. Obviously not. Things don't get more expensive your paper aka fiat currency is loosing value... Wake up or face the consequences
So an entire new asset class with $1.5 TRILLION in market cap is imaginary? damn!
Yes
Its only value is in the other who think it has value……eventually the idiot supply is depleted and the last man standing is left with a polished turd.
@@MRTEE-sy7sb strong arguments lol
@@marionovoa3846 high volatility, the bitcoin is halved every cycle period, “digital” asset…….not for me. Plenty of other solid investments
The Ferrari that I bought with bitcoin is imaginary too, but I sure enjoy driving it.
It’s interesting to see someone with a very strong opinion on something they don’t understand.
Your make believe coins are cool though
@@danielleuteplace535 them make believe coins sure bought some real stuff
@@danielleuteplace535 so are your make believe dollars....Same concept. That's why the government is going after bitcoin, they don't like it because they can't manipulate it.
Well said
True, you can always tell whrn someone hasnt done their researçh on bitcoin. It takes time understand it with research. Most people who talk like him are just upset the price is almost unreachable for most and they missrd the boat
Wealth is my goal and I have already obtained that through Christ who paves his streets in gold! No other wealth matters in comparison. It is not nature or laws of physics that define wealth but the one who created all of it. Now that I have true wealth it would be nice to have financial freedom. I’m hoping to figure that out one day. Good word brother!
If you don't believe it or don't get it, I don't have the time to try to convince you, sorry - Satoshi
You're quoting the guy no one has ever seen and was using a fake name so you think he was Asian.
@@Legenda20SLOyou must be new to Bitcoin with a comment like that.
@@nb8665 Nope. Im in crypto since 2017.
I buy bitcoin and when it goes up in value, I sell it to buy gold, land, and ammo.
I now have far more gold, land, and ammo than I ever would have had if I had never bought bitcoin.
Exactly- that’s the goal. Farmland and livestock is the endgame
Hmm it is almost as if bitcoin is doing what it was designed to do… be a store of value that can’t be inflated away or censored by nation states. Bitcoin is an abstract asset but it can be extremely useful to humanity. People are just now catching on to the marvel that bitcoin truly is. Chadd might figure it out one day.
@marsiloficino5060 my concern with land is that THEY can spray whatever they want on our land and lakes
And burn us out like Paradise and Maui.
@@ZacksLabunfortunately its centralized now. BTC is old tech and onlt a small group controls it now. Why do you think they want a ETF? Look at what happened when they included silver and gold imto the paper markets. They can comtrol 100000 oz of silver with $500 of paper. Its cheap for say JPM to comtrol millions of oz's. Hemce the reason price has been suppressed. BTC will be the same
I merely buy-and-hold Crypto, and it gladdens my heart that this is all happening now. eight months ago, I made sizable purchases, and since we are now approaching a bull run, I know i'll gain all i lost. What are the best Altcoins to acquire?
Cryptocurrency is booming, notably giants like BTC and ETH. Yet, the market's rollercoaster nature is testing even the hardiest investors. which is why we should look out for proper market analysis or alternatively seek guidance from certified market strategists
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Natalie Ann Brinkman is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
I’m still happy with the bitcoin I have..I can memorize a few words and take some value anywhere in the world. Great work my friend
You obviously didn't watch the video very far
Today bitcoin is $63,600 you can sell for dollars anytime you can buy real estate and cars with it @@rawfoodwriter
Dude I hope you kept that Bitcoin the Doc gave you back in 2017. You could sell it to some other sucker for about $40k today.
If he sold it to some “sucker” earlier around that time that sucker would have made a pretty good investment.
You could wait till after blackrock and fidelity get their bitcoin etf approved and sell it for $100k, or hold it till 2030 and sell it for a half a million to a million too. As long as you sell it cuz it’s going to zero. 😂
As of right now, $68k
*67k TODAY 😂
@@digitaldynasty9618 $70k+ and a pull back.
Just your bank account has imaginary numbers representing your money, yet you use it every day to purchase all the real things in your life.
lol. chadd's math skills distinguishing themselves in the video. i'd recommend listening to a commodities expert regarding bitcoin and a tactical warfare and endurance sports expert like chadd for those topics.
honestly he's pretty pretty spot on across the board. until now. : )
I've been buying since 2017 as well. Most of my btc was bought for under 1k. I just cashed in 2 the other day for 42k. I bought a new car with it. Seems to work for me :-)
Right on !
People crying because they missed out. Well done 👍👍 Shib and doge to the moon! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
The greater fool theory can work for a while.
@@haneytr3s Not buying crypto?..
@@MadHatterHerbyI sold mine. It worked out well. I would only buy crypto for a transaction, not as an asset to hold.
Chad is up 10x in salty tears since 2017 😎
Sorry bro.
This one will not age well.
Right
Like milk
Bitcoin does suck. retiring in your mid 40s. never working for someone ever again. Going to buy me some more SATs today!
bitcoin will not exist soon enough... no internet no bitcoin
I like Chad a lot but....nah. I'll keep my profits and I'll keep my bitcoin and I'll keep DCA'ing in and I'll keep watching chad too. Everyone is entitled to their own opinion and he doesn't infringe on mine so I won't on his. But boy do I like my bitcoin lol..solar stocks did me very well during '16 to '19...but the market is rigged for sure IMO..I'd rather be in bitcoin which I am. God bless y'all
Gold, silver, timber, land, stones, tools, skills, common sense
At least you're finally talking about it, that means you're thinking about it. Still a noob conflating bitcoin with all other crypto currencies.
Country boy logic, yet you're using the internet (a digital technology) to convey your message. Digital good, but not for money.
Money is information. Bitcoin is digital information secured by energy, all it does is convert watts to digital bits of information.
Chadd, you're a smart guy but you need to do more research on Bitcoin before doing videos on it. For someone who is morally opposed to taxes and who strongly dislikes the federal government, this argument sounds sub-sophomoric, and this video will be one you look back and laugh at some time in the future.
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Agreed, he makes a video explaining something he doesn’t truly doesn’t understand. Thats ok we all fallible, he’ll figure it out and I still like his values and work ethic.
He's upset he missed out. Doge and Shib to the moon!!!!.🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
He’s way out of his lane on this one. It’s the worst video he’s ever made imo. He is so ignorant in this video it makes me wonder if I should be watching any content on this channel.
@shawnst22 this was not a good look by any means
Bitcoin is decentralized digital property. It is a finite supply 21 million coins. It will continue to go up as long as fiat currency is inflated
I am not sure if I just imagined it or not. But 2 weeks ago I took some profits and finished paying off my house 18 years early
True wealth is peace of mind that is only available through Jesus Christ.......and it's totally free!!!
Bitcoin is legit, give it time, but it will become mainstream. And remember Chad, you’re making money on this thing called RUclips that didn’t exist 20 yrs ago, so go figure!
Its not tender.
@@NonTypicalRacing tell that to El Salvador
@@NonTypicalRacingTell that to the USD....
By definition of written law it (cash) must be accepted as tender in transactions in a professional setting (meaning not req'd in private transactions). So, a store owner does not have to accept bitcoin nor unicorn poop (although that's EXTREMELY finite) to give you, oh, say....your food. Nuff said?
@@clutch2827 Im not saying that it "isn't" accepted in some stores, regions, etc. Hell, human organs are as well!
Thanks for the good summary! Now is the perfect time to start buying stocks and crypto( BTC, ETH,) if you are just being introduced.. I really wish I started earlier. I’m learning this doesn’t have to be as complicated as some people make it out to be. Thanks to Boston Weber Program for helping me get into his trading server and investing guidelines. Investing and trading are more than just having TA skills. There is a big component of discipline and emotional maturity, that one has to work on! Time in the market vs. timing the market. If you keep that mentality as an investor, you will stay calm during the storm! Within some months I was making a lot more money and have continued on that same path with Boston....
The internet is filled with so many useful information about Boston Weber crypto….
Boston expertise is truly commendable. he has this knack for making complex crypto concepts easy to understand...
A major distinction between winning and losing is using the right strategy and of course with signals like those of Boston, profit is assured.
Best signal provider in the market. Knowledgeable, level headed (no loss like some other traders who recently jumped on the bandwagon).
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week....
Chad. It’s in the protocol or blockchain. 21 million will always be the total number. Please research. No one can change the white paper. If you bought Bitcoin you can sell it and buy you some land. Pay taxes and can be confiscated by government. Check out El Salvador and the change this coy is seeing due to Bitcoin. Just my opinion. Nuff said 😊
Last week, El Salvador’s National Bitcoin Office posted from its X handle stating in part "The Volcano Bond has just received regulatory approval from the Digital Assets Commission (CNAD)." Frank Muci, policy fellow at the London School of Economics and Political Science (LSE), discusses why he thinks El Salvador’s long-planned bitcoin (BTC) bonds are a "nothing burger." - CoinDesk
It 100% requires electricity to be worth anything. If the grid goes down in becomes worth less than a fart in the wind.
If electricity goes down it won’t matter. You better be well healed and have food and water. Nuff said
I love how people's best argument against bitcoin begins with "well if the grid goes down". Really...really?? Yes, if that happens, then even gold will be worth less than food, water and bullets. IMO.
@@jaye7010 electricity would have to go down in every country in the world where a bitcoin node is running. as long as one bitcoin node remains running, somewhere in the world, the bitcoin doesn't disappear. There are bitcoin nodes in hundreds of countries across the world.
Bitcoin is a skill, money which can be sent over a communications channel without relying on central authority.
Exactly. You want to pay someone across the world in gold? How are you gonna do that?
Was worried Chadd was becoming a cryptobro but was relieved when the roast came
Same here but I thought it was way out of character from the beginning.
@@30rdmagai live where the State gives it’s gold to Canada and curb stomps children to death in broad daylight to “teach me a lesson” while selling women for sex while they torture children by saying they’re the reason for disease.
I knew it was a roast or telling the truth about bitcoin
The world is going to a gold backed currency.
Bitcoin =/= crypto
It is real as long as there is a consensus of millions of computers verifying the blockchain ledger. It is therefore MORE real then our own currency in America. Make money by taking advantage of technology and emerging systems unknown to most, that is how I roll. To each their own Sir.
Chad, i love you and what you're doing. But you are wrong here.
The us dollar is fake.
If bitcoin is fake pleassend me one.
Again love you and what yours doing.
I got me a nice Harley Davidson from that fake Bitcoin lol like that old Kenny Rogers said you gotta know when to hold em know when to fold em know when to walk away know when to run !
Not possible it's all made up! 😂😂😂🚀🚀🚀🇺🇸🇺🇸🇺🇸🇺🇸
First bad take so far...
Worth noting; crypto is as real as that wadded up paper in your pocket. I can right this minute buy gold or silver with bitcoin and get a better price than with cash/card. Bitcoin is not as convenient as cash and not useable everywhere, but you can damn sure use it to buy metals that are. Love your channel man.
BTC is a programmable bearer asset which allows self custody of the private keys. Bitcoin is sound money for Sovereign Individuals.
I’m thoroughly unimpressed with your country wisdom, because BTC is finite by design and has been the best performing asset in the world since 2009, hands down.
Most people do not understand it.
We are still early 😊
That bitcoin will be worth absolutely nothing when the lights go out; but country boy logic will keep you alive! Greetings from WV🙂
Don’t you think it’s best to have both, just in case?
Servers worldwide and in bunkers with guards will keep bitcoin alive.
@@clutch2827who employs the guards? The same people that can just make the whole thing disappear perhaps.
If the electricity goes out, you're bank account is gone, too.
Everything will be worth zero if the lights go out. That’s just a stupid statement.
USD is digital too. I guess that’s why they keep making more of it.
The sound of a cowboy yelling at a steam train from his horse.
I agree with this to an extent. Not going to lie, kinda ironic here we are two months later and bitcoin and others are at all time highs hahaha. I agree 100% it does not hold true value but if the majority of a population says something is worth something, then it does have some amount of value.... for the time being. God bless you all and stay safe out there.
Love your content in general but your take on BTC is wrong.
💯💯💯💯👍👍👍😂😂🚀🚀🚀🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Very insightful. In business school I learned all you have to do is figure a way, either through a product or service to make just a dollar or 3 from millions of people (see Amazon) and you are on your way to getting very wealthy in a material way. I leaned from watching some people that true wealth is watching your children bring their children home for the first time.
Glad i bought bitcoin. Loving my gains.
yup ... second entry at 25k... we are at 70k now. I love when people don't understand investing and they talk shit while you are printing.
@@0dteESmini yup. I love the preparedness culture but they're stubborn and arrogant when it comes to securing their monetary assets.
@@TheElephantShaman yeah being an expert at one thing doesn't mean you are an expert at another. All good, as a successful investor and trader... I need people to chase and provide me exit liquidity.
@@0dteESmini lol oh yeah. "You get the price you deserve.
When the world goes to crap, everyone will want some country boy logic. God bless you brother.
This is the truth. Thank you.
The world is already going to shit according to your fav news channels CNN and FOX. 🤔🤦♂️🤷♂️
@@lonewolf30531 Don’t watch the news. Don’t need too to see what’s going on. I have windows and a door and go outside to see for myself. I’ve invested the bulk of my money in shelter, beans, bullets and bandaids. Unless you are filthy rich you aren’t ready for what’s coming if you are investing in anything that requires electricity or the internet.
This is a little silly. I know people that bought Bitcoin when it came out and cost nothing and now they are rich because they cashed in. I know a guy that bought a little 2 man helicopter and took lessons from his Bitcoin profits. I know a guy who bought a house with Bitcoin. You can buy almost anything online with Bitcoin. I researched the stuff for months before I finally decided to buy some. You don’t really understand what you’re talking about. How is the fiat dollar backed by nothing and losing purchasing power daily any different?
Spot on!
Just keep holding till they figure it out and you’ll be flying a helicopter too.
What's up skid Marks?
To each his own. Much respect, but I don’t trust the government…so I think there is a place in this world for non fiat currency like Bitcoin.
Well thank you for sharing that you don't understand finance. 😂
Here's some fun facts for you.
90% of thr USD out there exists on a hard drive. You're just "pretending" you don't transact with a digital currency already.
Gold isn't scarce.
Bitcoin has finality and a public ledger. Buying Bitcoin to get rich is stupid. Bitcoin IS the back.
It is the hardest, scarcest most valuable asset that mankind has ever known. Rich people get it, poor people fear it, poor people need it, rich people are taking it. You do the math.
Oh, but if there's a power outage 😱
Yea. Lemme know how that 18 billion dollars that's available for FDIC insurance for 3 trillion works out for ya.😂
Man does manipulate the amount of gold and silver that exists. Look up how many ounces of paper gold and silver are sold to every physical / real ounce of gold and silver. You’ll be shocked.
Nuff said!!!!! Chadd wright is legit!!!
I have more faith in Bitcoin than US dollar. This is why I hold some. Not life savings, just little bit just in case.
If ye US dollar fails so does Bitcoin
You should buy some Gold. Gold is real money.
Bitcoins for homosexuals
Yes, I got some Gold. Also foreign currencies, art, collectibles, option contracts, real estates,... It is called diversification across multiple assets. Common now, these are as basic as holding long term food, water, medicines, and weapons. And don't forget training to use what you got.
to do what with it? If/when everything collapses, then what?
Q
Use the unrighteous mamon
To make friends 🧡
So in heaven, they'll welcome you into their homes 🏡
Use bitcoin etc. US dollars 💵 to buy real things.
Buy your farms 🚜 and goats 🐐
Plant your vineyards
Build real business and homes 🏡
❤
Q ❤
Bitcoin is a tool.
A tool that allows us to send value across the world fast, cheaply, and permissionlessly.
The car you are sitting in, and the camera you are recording with, were bought with a tool named "money". Not with water, not with lead.
The video you just made is real. You've posted it on the internet so people worldwide can watch it (as I did). All man-made.
If there wasn't such a tool, you'd probably have to send VHS to followers. Or most likely you wouldn't have any, besides your local community.
Bitcoin, as a form of investment, is a whole other topic.
You said: "There's only so much of it according to who?"
Well, don't make statements like that. Because people who understand the tech behind Bitcoin will see how superficial you were in your "research", and will start questioning the integrity of every other video you made so far.
PS
Don't get me wrong. It's not Bitcoin vs water vs skill vs land.
It's a tool.
All due respect, you’re wrong on this one. Btc is just a digital ledger that’s controlled by everyone that uses it and can’t be altered. Not controlled by one person.
What was the name of the person who created Bitcoin?
@@ralphholiman7401 yes, possibly one Man created it, that’s not the question, the question is What did he create? He created a piece of computer software that has to follow its own rules, we can clearly see the rules that this program must follow, and is only controlled by the majority of its millions of users.
No one knows. They can't get to him or her or whomever to stop bitcoin. Bitcoins adoption rate surpasses cell phone adoption. Imagine it's 1994 and you have a chance to buy into Google. Would ya? Well, it's 1994 again. You'll kick yourself if you don't get at least some btc. It's about to explode.
@@pooroldgreyhaireddaddy , so you have no idea who created the computer program you are putting money into? Interesting.
@@ralphholiman7401 why would we need to know who made it?
Gold is money all else is a derivative it's all credit. Gold and silver guys. Hate on me if you like, but it's important to have something outside their system
Chadd with great respect, you do not understand bitcoin in the slightest. Bitcoin has been created and designed to enable users to enforce the rules. Rules over rulers.
lol! your wrong brother
@@carybruton7284Lol I'll bet you think the dollar isn't make believe either! 😂😂😂😂 STFU
💯 correct.
History repeats and the sheeple never learn.Everything will come to an End.
Here's a tip from someone who's made well over 100k in BTC...
Convert the BTC you want to spend to cash and withdraw it back to your bank account!
Glad I could help. 😆
Bitcoin is the greatest invention for personal freedom since the gun. I cant explain it all to you here in the comments section. It takes hours to learn about it. I would strongly recommend putting some headphones in when you're working or running and listening to Michael Saylor explain how it is perfectly engineered money. He explains it better than anyone IMO. Keep up the good work Chadd, but dismissing bitcoin and being arrogant about it can cost you a lot of money and freedom.
Tell that to the Truckers in Canada! "A Gun" ???
Well said, if only he understood it. It would align perfectly with his values.
The Chinese and Arab men have created more land, literally building islands. Look at Dubai, or any of the new Chinese Islands they are building as military ports.
Dubai is a dessert.
Not a very tasty Dessert though.......Have a look on google maps at the man made islands off the coast of Dubai.....@@aslanaslan9500
The Dutch also did.
it's open source software - thats the difference you can actually audit yourself. i have done that. Everyone literally has access to the code.
Old man yelling at kids on his lawn!!😂😂😂 Now if you want to keep those money changers down in the dungeon go out and buy yourself some freaking dang ole Bitcoin! Nuff said! Love you man!!🙏
Crypto is a hedge against the funny money that is the US dollar. Fixed supply currency vs politicians and unelected overloards printing dollars all the way to the bottom? Selling crypto helped me buy my house and gun collection. Nothing imaginary about that. Maybe look into it a little harder. Crypto is a way out of the trap that is our financial system.