Why You Can't Stop Bitcoin (Antifragile)

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Bitcoin University
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In this video, I discuss why Bitcoin's antifragility ensures that any attacks on the network only serve to strengthen it.

From the China Bitcoin mining ban, to high transaction fees, to chain surveillance, to the banning of custodial Lightning wallets like Wallet of Satoshi, every attack on Bitcoin makes it stronger.

By contrast, the fiat financial system is quite fragile and has required greater and greater interventions over the past 15 years just to hold things together, including quantitative easing and bank bailouts.

In 500 years from now, the only things that I am confident will still be around are:

1) Cockroaches
2) The Bitcoin Network

Not investment advice! Consult a financial advisor.

Nassim Taleb's "Antifragile":
Goodreads: 13530973

China's Bitcoin mining ban unsuccessful:
https://www.cnbc.com/2022/05/18/china...

Bitcoin's hash rate continues to sky rocket:
https://ycharts.com/indicators/bitcoi...

Chart of Bitcoin transaction fees:
https://www.theblock.co/data/on-chain...

Bitcoin fee spike spurs shift to Lightning Network — Binance and Coinbase line up:
https://cointelegraph.com/news/bitcoi...

Chainalysis:
https://en.wikipedia.org/wiki/Chainal...

Wallet of Satoshi to Stop Serving Customers in the United States:
https://www.nobsbitcoin.com/wallet-of...

Good non-custodial Lightning wallets:
https://phoenix.acinq.co/
https://www.mutinywallet.com/

Bitcoin has no future as a payments network, says FTX chief:
https://www.ft.com/content/02cad9b8-e...

SBF buying things with fish in prison:
https://www.theblock.co/post/264546/s...

Bitcoin is a swarm of cyber hornets:
Twitter: 1307029562321231873

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#antifragile  

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