The 3 Levels of Understanding Bitcoin

Get the "Ultimate Guide to Bitcoin" course: www.trader.university/courses/38824-the-ultimate-g… Use the discount code YT99 to get the best price. Get my best-selling Bitcoin book: www.amazon.com/gp/product/B08RX8Q4ZQ/ Join the Trader University email list: www.trader.university/email-list In this video, I discuss the 3 levels of understanding Bitcoin. Level 1 is the NGU (number go up) level, in which one is mostly preoccupied with Bitcoin's price appreciation measured against some dying fiat currency. Most altcoiners are permanently stuck at Level 1. Level 2 understands Bitcoin as freedom money, as the first digital non-sovereign currency that cannot be censored, confiscated, or inflated away by central bankers and politicians. Bitcoin extends the private property protections of the US Constitution globally to people of all races from all countries. Level 3 seeks to understand Bitcoin at the metaphysical or transcendental level. At this level, Bitcoin can be viewed as an autonomous system or alien life-form that is slowly enlisting followers and spreading across the globe. This level also understands that Bitcoin is rapidly becoming a universal system of measuring value, akin to seconds (time), meters (space), and grams (mass). Bitcoin also teaches us the ugliness of fiat food, fiat art, and fiat culture in general-- and shows humanity the way forward. Ironically, this path forward is somewhat like a return to the beauty of a world on the gold standard. Bitcoin, like gold, teaches us the values of patience and low time preference thinking. Not investment advice! Consult a financial advisor. 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 #Cryptocurrency Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

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