BlackRock, Bitcoin, FUD, and Forks

[@Bitcoin_University]

Please help to support this channel's work: www.youtube.com/@Bitcoin_University/join

[@VARELA2nd]

I've been stacking through Swan... Anyone else trustworthy you'd recommend to buy BTC from?

[@Bitcoin_University]

@@VARELA2nd Swan, River, Strike, BullBitcoin, Unchained, Cash App are all great-- just don't leave your BTC at any of them

[@JPs-q1o]

​​@@Bitcoin_University Another thought-provokng video, Matt. Thank you. Let's see if Linux can fork itself out of it's current predicament. That will be telling.

[@WarrGod68]

A fork is like the fed printing money, causing inflation. It will devalue the original btc. It's not possible for a fork of btc to be of equal value! Did you experience the BCH fork? Look what the original Ethereum (ETC) price is now! Any forks should be considered theft!

[@freedomfreakazoid]

I get up every morning and do 3 things. 1 - start a fire in my wood burning stove. 2 - get a cup of coffee. 3 - watch your daily video. I have been studying bitcoin for years and still learn something new every day from your videos. I really enjoy watching you respond to feedback from bitcoin deniers. The responses mirror the attitudes of most people in my life who still have absolutely no clue how bitcoin is changing the world. 2025 is really shaping up to be the big year of mainstream adoption so it may be the year that many of the deniers finally start to see the light. But - I'm not holding my breath. Thanks for all your work Matt.

[@Bitcoin_University]

Sounds like a wonderful morning-- thanks for making this channel a part of it!

[@SamuelGriffin]

What state do you live in with your wood burning stove?

[@freedomfreakazoid]

@@SamuelGriffin Northern California

[@SamuelGriffin]

@@freedomfreakazoid very cool...I've been all around there, which part? I used to live in SF east bay.

[@MikeStillUK]

Thanks a lot boss for my daily sermon

[@julieolson1402]

Fear is such a strong knee-jerk reaction with most of us. But the counteraction to analyze the situation is getting stronger! None of it would be possible for me if I had not started watching your videos in 2021. The changing landscape makes watching as necessary as before. Thanks, Mathew. Please keep it up!

[@krawkraw4999]

Thanks Matt for your continued teaching

[@Bitcoin_University]

Thanks for watching and commenting

[@austinfrazier7325]

Thanks Matt. I was one that tweeted and asked you to respond about the Roger Ver Tucker interview. I think it’s worth a watch just because Tucker is so important. I felt bad for him because he seems fairly naive in regards to btc and was probably deceived into the interview. Roger Ver is not a Snowden like figure but Tucker may think so unfortunately. Most of the comments seemed pro Roger so I’m concerned that this may have damaged Btc for the normies as they will believe his criticisms of Btc.

[@tygyrlylly8079]

I also thought it was strange that he was being lauded as some icon. While he may have been done an injustice in some eyes, he is not a champion of the btc we know and love! Narrative around him in 2017 was wildly different

[@netbloo]

I agree as well, Matt please do a video response.

[@austinfrazier7325]

@ agree. Because Tucker’s audience is so big people may do a KZbin search for him and I would love for a response video by Matt to show up in their results. I’m only half way through the interview as I can only take so much before I have to stop. He was spreading so much FUD. “Bitcoin is unreliable” lol what?

[@seanmilli6266]

Would love to know your thoughts on this Matt

[@alwaysmovingforward212]

@@tygyrlylly8079 Roger’s done much more for Bitcoin than saylor. If you applaud saylor and condemn roger, you have become the exact thing that Bitcoin was created to circumvent

[@heliconcodex]

I found your channel at a time when I probably deserved it, which fortunately was earlier in this past summer. After learning everything I could, with a lot of support from your videos, I setup a node, started saving in BTC, got my self custody figured out and helped a friend get started as well. I thought it was time I finally liked, subscribed AND post a comment! Thank you Matthew Kratter.

[@hugomiller1025]

Although many of the FUD points are silly, it indicates the level of hyper-vigilance that exists within the Bitcoin community - and that is encouraging.

[@YuenanCao]

The attacks on bitcoin will be unrelenting and we must be vigilant

[@Johntron08]

Good morning my friend

[@InterSpaceResearch]

Thanks for these videos Matt, I am continually astounded but what little people understand, and how second-hand and third-hand talking point keep being reused with no thought as to if they bear any truth in them--intellectual laziness I think. Your work is a valuable service.

[@hd_1979]

And here's another interesting video with valuable background information for those who want to learn and understand. Thanks Matt!

[@flindersmj]

"I work for Bitcoin".... what a profound statement. Thanks Matt, for your undying dedication toward the cause of bitcoin. Your videos on bitcoin issues and other work have help me immensely over the last few years. You indeed work for bitcoin.

[@jad1497]

Bitcoin is the worst company in the world!! It doesn't pay ANY of their employees!! Modern day slavery 😂😂 It could be worse, though. If "you worked for early Christianity", not only were you not paid, you lost everything and were most likely tortured to death.

[@jameslegare5394]

Refreshingly informative!

[@FirkraagAurel]

Keep it up Matthew, this is a great channel. I can only imagine the amount of haters and shittalkers that leave comments here. Don't let the weak minded darken the light you carry along. It's a long way still. You are doing a great job!

[@Vonnie12]

I’ve saw the vid about Roger and he’s a good example of how btc is unstoppable The more u learn about btc the more you will understand how amazing it is

[@willlockler9433]

Thank you. A little sanity makes my day.

[@timstar-k5q]

Thanks Matt, just a question please, am I the only one that finds your voice very calming and therapeutic, do u usually get compliments on it ? I like it

[@Bitcoin_University]

Yes, sometimes. Bitcoin University is secretly an ASMR channel, I guess

[@timstar-k5q]

@Bitcoin_University 😂 exactly, thank you Matt

[@nicobergstrom]

My girlfriend agrees with you! She likes it when I watch Matt on youtube. On the other hand she gets annoyed by Michael Saylor's voice, finds it squeaky hinge kind😀

[@AndyJRogers]

The more you learn and get educated, the less FUD you will experience 🐝😊

[@themomista7175]

Good morning. Thank you Sir!

[@CRAIGBYRNE-kl8hi]

Good Morning

[@ZLogick]

I can tell you are building up to more advanced topics 👍

[@richardkelly1367]

Thank you, Matt. Super helpful.

[@timecone57]

It was nice to show search functionality ….i never knew it haha…it would be good resource to share feedback specific topics

[@jairunet]

Excellent information Matthew, I am so fortunate to be found this channel, so much POW and just really clear and great information that educate us bitcoiners to be more aware and smart about our hard work and sweat. Thank you so very much again, and all the very best.

[@ChipNov1998]

Love your sense of humor!

[@atc576]

Man I feel sorry for you Matt having to respond to these STUPID comments. Thx for the clarification yet again!

[@Atlas_21]

It will never end, Bitcoin's enemies will always come up with something new to try to scare the plebs away.

[@Bitcoin_University]

It's ok-- lots of beginners coming to Bitcoin now, and that's a good thing

[@atc576]

@@Bitcoin_University ya but your poise and professionalism is unshakable! I wish I could be like that. Lol

[@Rrrrick188]

I watch your videos to learn. Crazy to me others have it all figured out and still watch your videos. I wish I had the time to watch things I already know everything about

[@nickyboonz]

Good stuff. Thanks, Matt!

[@beateecee5563]

Negative BTC comments are indicative of a lack of understanding and knowledge in regard to bitcoin. I was like that myself in the early days, however, bitcoin has proven itself.

[@elizabethanderson2968]

LMAO ... Matthew really is the supreme definition of keeping calm and carrying on ... the shills and scumbags always float to the surface, eventually ... keep up the good work, sir x

[@7eamGhast]

It’s genuinely about taking the time to learn. How quickly we are able to see whom in our lives possesses the discipline to actually hold themselves to the fire and humble themselves to learn.

[@STP134]

Thank you, Matthew, once again!

[@YankeeinSC1]

I watched Dante speak on quantum yesterday, can't wait to hear Matt's take on it, meanwhile huge EFT inflows after the past few days flowing into BTC

[@flytz311]

Matthew you are a blessing to the community, thank you for your continued education that you are providing. I have two questions, 1st: what is the best practice if you want to gift small amounts of BTC, i.e. to a nephew , lets say I want to gift 50,000 SATS. And 2nd question, if you have a Legacy SegWit account on a hardware wallet, should a new Native Segwit account be created, and then transfer from the Legacy to Native? I'm still not clear on UTXOs and best practices. I'm just HODLing but I also want to make sure i'm using best practices.

[@lazylonewolf]

Personally, I'd set them up (and teach them) with a hot wallet like BlueWallet or Aqua for small amounts + Sparrow. Anything that shows the fiat amount so they can actually see it growing in value. Better make sure to teach them how to handle/secure their recovery words. As for the address, I'd start another wallet and move all my Bitcoin to a more updated address for better security/future proofing.

[@KevKruz]

One thing that I've noticed in the community is that people don't truly understand what it means to be a fiduciary and how very serious an oath it is. People just give their "this is not financial advise" disclaimer and move along. The thing is, individuals and companies that *are* licensed to give financial advice or handle large sums of money on behalf of others have ridiculously strict codes of conduct they must abide by. Basically every word that they utter in public is bound by law. It's much easier to understand Larry Fink when you realize that he's a fiduciary. Now that he's legally allowed to endorse a Bitcoin product, he's out orange-pilling every client that will bother to listen to him. It just so happens that his clients have super deep pockets and hate it that their dollars are melting just like the rest of us. And boy do they have a lot of dollars lol

[@channel77890]

Thanks for another great video. I'm really looking forward to the upcoming video that you mentioned on topic of quantum computing.

[@pugsymalone6539]

The Delinquent Pug abides. Running late on everything today.

[@Bitcoin_University]

The Pug still abides

[@427vot]

Some ways to deal with fear. Self custody, running a node, running a miner, being involved in the conversation. Healthy amount of "fear" makes BTC stronger.

[@miket.8289]

Yeah I think Matt you need to watch the Tucker-Ver interview video and share your thoughts. I don't believe in the BCH stuff but will be useful for your audience overall

[@kennethdoucette6052]

Matt is the ultimate Bitcoiner! Thank you for your service, Sir!

[@berniebilicki7832]

Another enlightening clarification about FUD and scammers....Thank you, Matt....Also, wondering your latest outlook on BTC to-the-moon expansion, or the timing for a million-dollar bitcoin.....

[@Paul-dorsetuk]

sound and informative thank you.

[@AndrewK26373]

More FUD on the horizon with the new google quantum chip

[@idiotengineer3925]

First thing when I saw the chip was, "wonder how this will affect BTC mining"

[@retrorich42]

Matt you forgot to say " I'm sure he's a nice guy in real life"

[@Atlas_21]

But we all know he isn't :D

[@paullamb1100]

5:34 Canaan is also a big competitor to Bitmain, and is headquartered in Singapore. They make the Avalon Nano 3, for example.

[@Bitcoin_University]

Yes, good point. Looks like Bitmain is also setting up in the US: www.nobsbitcoin.com/bitmain-launches-us-production-line-amid-rising-trade-tensions/

[@snowbunny1001]

I absolutely LOVE this channel! 8)

[@Bitcoin_University]

Thank you

[@Ovalrapture]

Awesome!

[@MichaelEdwardWright1]

In addition to Block there are BitDeer mining integrated circuits to out-compete Bitmain.

[@fondofsauce]

Long time listener, not first time commenter. Please do a response video to Tuckers interview of Roger Ver. Thank you Mathew. 😢

[@Bitcoin_University]

Will do-- great suggestion

[@martinlehman4165]

I watched Roger on Tucker and I’d love to see your take on the interview. Thanks Matt!

[@Kranskinator1]

Thanks.

[@danskepatrioter1930]

Hi Matthew! I have an idea for a video that I think your audience would find interesting. How about comparing the energy consumption of Bitcoin and gold, and how fiat currencies are still partially backed by gold reserves? Bitcoin vs. Gold: Did you know that gold consumes more energy than Bitcoin? Gold mining is estimated to use about 240 TWh annually, while Bitcoin uses around 100-140 TWh. Fiat and gold reserves: While fiat currencies are no longer tied directly to gold, many central banks still hold significant gold reserves to maintain trust. How would the world view a currency with no indirect gold backing? Conventional currency is actually more harmful to the environment than BTC. I love your comments: "Go out and make a nocoiner cry" and "Good luck with your shiny yellow rocks" - they’re absolutely brilliant!

[@digitallyinvisible2536]

I wonder what Bitcoin Core node versions are normal node operators running right now. Currently running one Bitcoin Core node on one of my servers. I did take the latest version of the Bitcoin Core node. However, if different node operators are using different versions of the Bitcoin Core. Does it matter or I am only connected to nodes with the same version as me? That is still confusing to understand but I do get that if there was an undesirable change to Bitcoin Core, I don’t have to upgrade.

[@MichaelEdwardWright1]

Apparently Bitmain got itself in trouble and apparently Taiwan Semiconductor Manufacturing Company (TSMC)is reducing Bitmain’s wafer allocations.

[@paddywelsh7151]

Would love to see your response to the Tucker interview with Roger. :)

[@afribeanner]

Roger Ver, Tucker Carlson and Musk now sounding the alarm Mathew does not want people to hear.

[@HalalMoneyShow]

You can lead a donkey to water but you can’t make him drink it.

[@Atlas_21]

I believe it's a horse, but the same concept applies 😁

[@SavannaBanana205]

Hi Matthew! I'm sure I'm not the only one asking, but a rebuttal to the claims Roger Ver made on Tucker Carlson's show would be rad. Thank you!

[@joemama69448]

He's been there done that. Did you search through older videos? Ver even made a rebuttal to the video on this channel

[@lance9749]

Thanks Matt

[@SuperMarioVending]

Matthew, I thoroughly enjoy all your videos. I have to admit I'm a bit shaken by the recent quantum developments as a potential threat to the BTC encryption. Can you revisit this topic again? Thanks for all your great work!

[@janmcostar]

6:23 Why are there so many nodes in ‘country’ n/a?

[@dgunn2817]

Saw that interview the other day. With just a tiny bit of research it's very easy to tell both forks are the absolute definition of shitcoin.

[@anahata8870]

Hey matt, have a nice day😊

[@Fine_Times]

Ty Matt 🎉

[@freedomfight1933]

I watched that Tucker/Roger Ver interview last night. Roger clearly lies a lot. He even said bitcoin transactions are unreliable, which was an insane comment. Tucker is not informed enough to question anything he says of course. At least he did say Satoshi made one of the greatest inventions in the history of mankind!

[@MercifulManatees]

Appreciate all your work Matthew. Please give your opinion on the situation with Roger Ver as it pertains to FUD. Thank you

[@V4BTC-wd5dn]

Based on these comments, one really can't be bearish enough on the IQ of the general population. Those who don't get Bitcoin will HFSP in fiat.

[@Rbyn]

I have been listening to you for a while. I had no idea you are a small blocker. Can you please explain exactly why you don't believe in big blocks and the freedom to put what we want onchain? As I understand it, BTCXT would have allowed freedom to build onchain, low fees, fast transactions, and nodes that could be run on local equipment.

[@jedimortgageadvisor]

Hey Matt, Can you make a video on your thoughts on Roger Vers book. Hijacking Bitcoin.

[@Bitcoin_University]

Yes. I do discuss this topic briefly at the end of today's video

[@jedimortgageadvisor]

@@Bitcoin_University I listened to his book and the premise is the BTC was suppose to become a medium of exchange to compete with central banks but has become only a speculative asset being called a store of value. He says this is due to the developers limiting the block size and making BTC fees high and BTC slow. He states that Satoshi envisioned BTC as a payment system not just a store of value. Always interested in your options on things. Thanks for the content and your reply. .

[@gmckean7]

All Blackrock cares about is AUM, that's where their simple profit via fees come from. If they somehow destroy bitcoin, their AUM would go down and subsequently their profits. Even if they could, why would they.

[@Bitcoin_University]

I agree-- all the incentives point to BlackRock wanting to pump BTC and increase AUM of IBIT

[@quovadis5575]

👍

[@nomandates9186]

any thoughts on the Roger Ver situation?

[@SQUALLHIKER]

I would like to hear more on your thoughts about the Tucker Carlson and Rodger Ver interview.

[@WReKluse]

Great video as always

[@Darameekha]

Wow critics ran out 2014 FUD and are straight up just making shit up now.

[@DjornNorthfield]

Hi Matt, could you do video on Roger Ver's interview with Tucker?

[@DjornNorthfield]

Bitcoin Jesus? More like Bitcoin Judas.

[@jad1497]

Quite the conundrum....if BR doesn't fork Bitcoin, it means it can't control Bitcoin, yet. But, if it eventually controls Bitcoin, then they will fork Bitcoin, thus losing control of Bitcoin.

[@kevocayne]

Hey Matt you’ve talked about the benefits of both running a node and Dorsey’s mission with Ocean. Would you recommend people buy a bitaxe and point to ocean? Maybe if enough people did it we could provide a beneficial hash rate to their cause

[@HowardARoark]

Good response Matt. The key to Bitcoin's resilience is that it requires consensus. Without consensus Blackrock cannot change existing Bitcoin, nor can they gain traction with a fork they create - it all requires consensus, and that is a very difficult thing to achieve. Consensus for a change is only achieved when that change is universally accepted and is without any doubt a good thing for Bitcoin. That means that Blackrock is up against something that is too big for it to control.

[@Bitcoin_University]

Yes, great summary

[@fairplayer7435]

Satoshi had spend more time in research of human psychology, economics, history etc before he drafted one page of the white paper. He covered ALL bases and prepared solid defences for all scenarios possible. That’s why bitcoin is perfection

[@bmcjunkie]

Matt, not so much concerned about BR as I am about quantum computing, e.g. Google's new chip and the cracking of Bitcoin's encryption protocol. Can you create a video on this please?

[@andrewvader9077]

Archive this video!

[@parkscars6459]

"i work for bitcoin" how do i learn this power? soon hopefully

[@Bitcoin_University]

You just keep dollar cost averaging into BTC and hodling-- then you get people like me and Saylor working for your portfolio for free

[@Sundance-i44]

Free Roger Ver original Bitcoin Jesus

[@spearson1978]

Consensus

[@cbarber]

Sensei I don't understand. if a 3letter agency added a couple of million nodes why would it fork?

[@jnegreira]

Hi Matt. About FUD, what do you think about Microsoft ownership of Github ? It seems the main bitcoin core sorce repository is on Github, owned by Microsoft since 2019. This means MS has "root access to the source". Maybe some "lines" could be injected or touched in the sorce code in a way that takes long time to be detected by the community. Do you think it could be a real potential threat ?

[@melcryarfineart]

Have you read Roger Ver's book and can you do a video on it? Or you maybe you have already...

[@Tele-aviasion]

Hi Mat, I’m always curious to know if you’ve ever investigated public banking. Specifically the Bank of North Dakota. In short, they were able to harness fractional banking for the public good. Any comments?

[@Bitcoin_University]

It's not an area that I know much about. Bitcoin is my bank now

[@sepratx4317]

One question that i had What happens when everything goes undervalue aginst btc ?how does the economy change and how will bitcoin be ?

[@SAL-fs1mr]

People will still be spending on things that are necessary. So it's only the unnecessary parts of the economy that are going to be impacted and hopefully collapse.

[@OshoRamseyGump]

I moved my HSA funds into a bitcoin ETF. Any reason to choose one ETF over another?

[@jakea3955]

Matt, you're forgetting that if they destroy the entire internet, basically every single computer and all of the hardware, they can destroy Bitcoin. Gotcha!

[@Bitcoin_University]

And if BlackRock nukes the entire world, then that is probably the end of BTC as well

[@Atlas_21]

@@_outofphase5480 Not exactly, lots of asteroids contain gold, thus increasing the max supply if they hit. 😉

[@JPs-q1o]

Let's see if Linux can fork itself out of it's current predicament. That will be telling.

[@westra4]

Thx Matthew

[@pyug17]

Yes please Matthew, id love to hear your take on the interview between Tucker & Roger. If you have the time

[@Bitcoin_University]

I'm listening to it now

[@pyug17]

Hurly at Swan has got in with an early opinion. I'm still looking forward to hearing your breakdown.

[@johnsartain4160]

I watched in 2x speed while I was waking up so perhaps I miss something. You said it doesn't matter if Black Rock forks Bitcoin because then that would be essentially an entirely new Bitcoin and we would still have our old Bitcoin. I'm struggling to understand this concept because what stops the Bitcoin that's listed on the exchange from being bcash versus Bitcoin versus Black Rock Bitcoin?

[@shaggydogj]

What would be the impact to Bitcoin’s value if the US somehow managed to eliminate the debt like Argentina claims to have done?

[@TheBitcoinBlock]

Thank you Sifu

[@Cubclub85]

Thanks Matthew for your video! Have you ever read the book “Fiat Food”? I’d love to hear your thoughts on it.

[@konigvonpreuen8065]

Wen FU money?

[@gungadin900]

Should we be suprised how few Reachable nodes there are; less than 500 in a major economy like France, only 192 in Switzerland, despite Lugano opening up to BTC........and 1 reachable node in El Salvador????

[@Bitcoin_University]

There may be more unreachable nodes, and nodes move on or off the network. One sovereign Bitcoiner using his node to transact is worth 10,000 people running nodes, but not using them to transact or query the blockchain. What matters is the economic weight of those running nodes

[@gungadin900]

@@Bitcoin_University I guess i was thinking of these figures in terms of them potentially being an indicator of how few individuals (not using Tor) are engaging with BTC in a meaningful way across the globe.

[@RobinBanks-t1m]

@@Bitcoin_Universitycould you please do a video on running nodes for noobs so we can increase the number of nodes being run the correct way

[@mayweatherk7478]

Will you be staking your Bitcoin to OR support the Babylon Bitcoin project ?

[@Bitcoin_University]

Definitely not. Sounds like a great way to lose your BTC