Casually Explained: Bitcoin

[@CasuallyExplained]

Take your personal data back with Incogni! Use code CASUALLY at the link below and get 60% off an annual plan: incogni.com/casually

[@Riael]

Cool stuff

[@Univaryy]

Who cares

[@kiri374]

​@@Univaryyhow are you everywhere 😭 ive seen u on insta so much

[@Irothelegend1]

Best case for buying bitcoin is because of the massive printing of money from the Fed and reckless government spending.

[@blazer511]

7:32 that's a Nietzsche quote

[@Ares-v6k]

Bro spent 3 months investing in crypto, got scammed, lost his money, and is now making it back with this video.

[@sauceinmyface9302]

Based as hell.

[@dexterity_1st]

Big brain move 👏

[@mr_0n10n5]

That tax write off go brrrrr

[@thegibbehhh9430]

@@mr_0n10n5 You still lost 20-35% of your money.

[@CasuallyExplained]

I'm doing the new business model of instead of getting a new hobby each month I just find a new way to get scammed

[@jasonbrose6743]

"Nah, I'd win" - me before losing my life savings to the funny dog coin

[@totaldan99]

​@@Univaryy wait I wasn't supposed to? But it had the word funny in it!

[@_Epidemic_]

“I alone am the bullish one”

[@Vassilinia]

At least 68 people liked it though.

[@myk3hunt]

I had a stop/sell off set for 69 cents/ea on doge most ez money I've ever made

[@jasonbrose6743]

@@_Epidemic_ "Throughout heaven and earth, I alone am the bankrupt one"

[@Aurora-nv3br]

I never knew the orgin of the ”hodl” meme until now, thanks casually explained for enriching my life!

[@EEEEEEEE]

‎‎‎‎‎‎‎‎‎‎‎‎‎‎E

[@2dTones]

mine was enriched too, pit pat piffy wing wong wang just like that!

[@DavidSandersT]

"which I think is bullish but I think I may have to ask my shaman" is the single funniest utterance I've heard on this channel. thank you for that. lolol

[@techgroveusa]

The point you made about HODLing being more about avoiding bad decisions than making good ones is a refreshing perspective.

[@musicaccount3340]

He has a point, making bad decision while speculating on your life savings is worse than not making any.

[@justarandomguy6794]

*"Doesn't upload for 3 months"* Casually uploads a video on bitcoin *"Goes away for another 6 months"*

[@rishabh5750]

Pretty accurate timing. Bitcoin is up nearly 50% this year and just starting the bull run. When price goes up, people flock into it for a quick buck without knowing anything about the tech.

[@lopypop]

this was probably in his video backlog from 2015

[@pepsico815]

@@rishabh5750 Everybody does this when Bitcoin goes up in value. People start tweeting about it. Making videos. Podcasts. They're all tourists with no real understanding.

[@csguy466]

@@rishabh5750 Pretty much. Everyone jumps on the hype train without knowing a thing about it. Tourists basically.

[@RammmFan]

Praise internet gods, he is not oversimplified guy :D

[@allenbrooks22]

You are just looking so gosh darn cute today casually explained

[@allenbrooks22]

@@Univaryy stop replying to comments and entrepreneur some bitches

[@HGraabæk]

Thats weird to say, but true af

[@CasuallyExplained]

Thanks babes u 2

[@HGraabæk]

@@CasuallyExplained sending positive (and very drunk) vibes

[@alextrifs]

@@CasuallyExplainedI couldn’t even casually, I explained immediately

[@DrSenorFishTacos]

"Bro I just want to be able to afford a house one day" hit so close to home LMAO

[@pinstripecool34]

Same 🥲😐

[@nathan5765]

bro what home?

[@umo4046]

me, holding on to my job's stock T_T so i can (maybe, hopefully) buy a house someday

[@apteryx496]

Don't you mean so close to apartment?

[@Janiix89]

buy bitcoin

[@OutlierConcepts]

"Didn't you learn anything from 2008" "No we were 12"

[@Barncore]

I haven't seen a video of yours in years and this one pops up in my feed along with the rest of the crypto content and it's hilarious. What a great crossover. Kudos sir

[@Bassist-Beneath]

The phrase “Crypto twitter” makes me physically ill

[@the-sz8sq]

⁠​⁠@@UnivaryyI asked him sorry about that 😔

[@rishabh5750]

Might want to see someone about that. that is not normal.

[@swedneck]

think of it as crypto in "cryptozoology", it's a part of twitter that you're not quite sure if it's real but it's fascinating to witness people react to nonetheless

[@Nockblock]

Crypto X doesn’t sound much better

[@Eanakba]

One of the worst places on social media

[@EonLess]

1:03 Fun fact: No store took Bitcoin in this famous scenario. Guy A guy transferred Guy B a bunch of Bitcoin. Guy B brought 2 pizzas using real money and gave them to Guy A. This story often gets retold as if Papa Johns accepted Bitcoin. They did not.

[@mubelotix]

I think people know that. Fun fact is guy B sold the Bitcoin immediately afterwards, he was broke as fuck. Which is why he is still broke today

[@mostlyrobotic]

That is never how the story gets told.

[@youaskforit]

Why do you call paper money real money ?

[@wdsdsd3511]

​@@mostlyrobotic What often happens is: Some random crypto bro tells the story as if this was the first transaction with Bitcoin. Some dude calls them out that it wasn't a real transaction. The dumb cryptobro who has too much unearned arrogance to admit they're wrong about something acts as if they were still right somehow and two dude exchanging made up currency is somehow still an official transaction. The fact that the two pizza weren't a real transaction is more known nowadays, so now all the crypto idiots have to pretend they didn't spend years pretending that it was and making the story into a mini legend of its own.

[@sobohobo12123]

I've never heard someone think Papa Johns accepted Bitcoin in 2010

[@Gua2O5]

this is the first casually explained video that left me more confused than I was before

[@Janiix89]

Bitcoin: the first decentralized digital money. Not sure what was so hard about that

[@bedhunter]

Do the work, dude

[@tukkajumala]

8:50 "so i've had some whiskey" is the perfect explanation for most tirades.

[@Noodlyk18]

The fact that I can understand each new Casually Explained video, makes me wonder if he's also an ADHDer hyperfocusing on a new interest for a couple months, then dropping it overnight to move on to the next thing that gives dopamine hits.

[@hititwithit]

Yes

[@yummysauce6653]

no bro being a person doesn't make someone adhd

[@Naygen]

I'd be honest, this still isn't casually explained enough, I have no idea what half of it means

[@BlackJesus8463]

It means you're too greedy to live if you buy bitcoin. ✌

[@nomadshiba]

@@BlackJesus8463 you are not helping people

[@tomfreyberg7020]

Git gud

[@rare.and.important.content]

Read the white paper

[@Eponapear]

Well its a comedy channel so, not sure what you expect.

[@yubisaki-lol]

Look who remembered his youTube password

[@JonVinci]

Look at the bum telling a content creator that they haven’t posted content in 3 months therefore it must mean he forgot his password.

[@Wolf36181]

​@@JonVinci look at this bum not enjoying a funny joke so telling everyone else that the joke was not funny

[@iCookCrystalMeth]

@@JonVincichill

[@JonVinci]

@@Wolf36181 “oh look who decided to show up” weak ahhhhhh type joke. Fake wolf real clown. Beat it bozo

[@ZackSeifMusic]

Top comment

[@MrDokugan]

I never knew where the hodl meme came from. That is hilarious

[@Dennis-xj8nh]

Literally a typo. What a mystery, no wonder the corporate press has been unable to explain it.

[@kamimunOfficial]

I thought it meant Hold On for Dear Life.

[@RaulDukeKnife]

It’s like Covfefe but we adopted it.

[@Dennis-xj8nh]

@@RaulDukeKnife how is it like coffee ?

[@Dennis-xj8nh]

@@RaulDukeKnife That's just something he

[@romankampelmacher4685]

5:05 "...to use those children for something else" lol

[@NimbleBard48]

Yeah, I chuckled at that one xD

[@mbst]

I was looking for this comment

[@welennelew9866]

Child labo....

[@Martincorbett7]

*No man is too rich til you leave the earth you leave with nothing*

[@MammeMassaert-i2m]

well at least the rich achieved something in life before that person dies. his kids will probably inherit the fortunes and pass on to the next generation. cycle of life.

[@CallumGrummitt-g6e]

true.but.i.wont.die.poor

[@JackArmstrong-f5k]

We live in this earth, we gotta play our part...He's living life while he is still alive...

[@RitaFredsham]

Yeah got to play your part start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.

[@EnocksonFerrall]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@WhiskerDooz]

"My Arrakoin.... My Doge." -Baron Harkonnen-Fried

[@EEEEEEEE]

‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎E

[@tappajaav]

@@EEEEEEEE EEEEEEEE

[@danielzaiser]

"... Hitoshi Nakamoto..." shows picture of Hikaru Nakamura, chess Grandmaster 🤣🤣🤣🤣

[@Univaryy]

No one is laughing

[@dragswedi4406]

@@Univaryy i am

[@swedneck]

@@Univaryy i am

[@THE_TROLLS_WIN_BOY]

@Univaryy 64 likes

[@redwire8]

*Satoshi Nakamoto :)

[@lordapplesauce3596]

Great timing, was about to yolo my life savings in roaringkitty coin

[@Univaryy]

Corny Npc

[@urnoob5528]

@@Univaryy buy a mirror

[@DavyDavePapi]

Wait there's a roaringkitty coin?

[@Gr8Incarnate]

You can do that or lottery tickets. Personally, I'd go with the lottery tickets....

[@nomadshiba]

buy btc

[@Bonkkbm]

"your girlfriend cant leave you for another man, if she's cheating on you with a woman..." absolute gold

[@meatwax]

Yea thats some 4D Big brain stuff 😂

[@federicosandrelli1467]

I like how these videos a sneakily becoming actually informative

[@robf8349]

The smith & wesson line had me cackling

[@nawalkumar4750]

Exactlyyyyy😂😂😂😂😂

[@Knytz]

😂

[@nicholasreid1348]

you know, the worst thing about ad's is clicking the ad and getting youtube's guidelines and not a video. Then the video is gone.

[@Univaryy]

Npc moment

[@nicholasreid1348]

i think ablion has done crypto well. not my thing but still

[@TheRyulord]

Get an adblocker

[@Dennis-xj8nh]

What are these "ad's" you speak of?

[@Totsy30]

Dude youtube loves doing that with the "This video includes paid promotion" when you mouse over the video. Of course if you click that popup(which takes up 25% of the thumbnail) it takes you to the guidelines and as OP said, the video is gone.

[@Spike-Prime]

For the record, no, in 2010 the guy who bought the pizza didn't actually buy it with Bitcoin. He made a post asking if anybody would buy a pizza for him in exchange for bitcoin, someone else took the offer, and bought the pizza with actual money. The vendor didn't accept Bitcoin, just some guy who was interested in having Bitcoin.

[@Andyjpro]

Pizza broker is a thing, don't you have one?

[@Spike-Prime]

@@Andyjpro sure, but this isn't that. This is asking a random stranger to buy a pizza in exchange for some useless crap. He might as well have asked someone if they wanted snake oil in exchange for buying a pizza.

[@michaelvernon9459]

What is money, and how isn't Bitcoin the best money the world has ever seen?

[@Spike-Prime]

@michaelvernon9459 look, it's not my job to sit here and explain to you why Bitcoin is absolute dogshit on every conceivable level. If you wanna understand why Bitcoin is terrible, why its very existence and functionality are an ethical and logistical nightmare, watch at least the first half hour of Dan Olsen's "Line Goes Up."

[@YoungScholar9]

Thank you for your invaluable fact check. Someone used his, at the time, obscure internet money in order to receive a tangible physical good in return - that was the story/milestone. Not whether Papa Johns or some dude with a pizza oven ended up with the coins.

[@tonyth9240]

Now I want Smith&Wesson to actually offer him a sponsorship

[@Gwilo]

I did not understand one word of that however I have learned my lesson; gambling is bad. it's worse if they try to convince you it's not gambling

[@CristanioPeweyyy]

Drugs are good

[@pepsico815]

Hmmm, buying a piece of digital scarcity isn't gambling. Putting your savings into something that somebody else can create for free though (USD) IS gambling.

[@wango6603]

@@pepsico815 cope

[@BlackJesus8463]

I think you'll find trading is so much worse if you change how much you're willing to lose at any moment. 🤪🤪

[@phrogtesem9410]

@@pepsico815 It gets even wilder when you find out there are currencies that scale identically with the US Dollar. They fluctuate according to the fiat currency.

[@PilotoBahia]

this explanation left me with more questions than answers... casually explained is back!

[@Krafanio]

The only thing I got from this video is that I need the "A Field Guide to Backyard Birds of North America: A Visual Directory of the Most Popular Backyard Birds" book.

[@lupinearsenalALT]

Jamie needs to make a casual explained video for this casual explained video

[@0ffendingeverybody]

The stick figure legend is back

[@FictionHubZA]

Ola

[@ChiefGingy]

bro the smith and wesson bit for the sponsor was great, even the giggle snort after, well played haha

[@BaphomentIsAwsome666]

Casually explained is one of the best channels, is not spamming videos but only makes videos when life had its way with him either positively or negatively

[@carloscontreras1071]

"you would gladly look that person dead in the eye, and say *supercell ad chime*"

[@BlueJayYT]

7:42 I finally made it, gang

[@bella-xd7rx]

9:08 thankyou, I really needed to hear that today. :)

[@heitorbrnl3663]

Thank you for posting! I can only rewatch so much of your videos...

[@RickMyBalls]

oh well, back to sorting by oldest...

[@AlexScorpionVn]

5:04 PURE gold, cracked me up.

[@Nfunspoiler]

Getting a bitcoin ad that repeated everything you said during this video is a vibe

[@礒野延]

The live casino games are my favorite. The blackjack tables especially. Feels like the dealer is right there with you

[@Exc3ssIv3]

This may unironically be the best casually explained yet

[@BlackJesus8463]

It might actually be too much for casuals.

[@cobrasys]

Not sure if it's _the_ best one, but it's up there. Top 3 easily.

[@twobyfour]

I`ve not been this invested since the Natalie Dormer temperature scale.

[@bigrichie6766]

yeah right lmao dude is so ill informed about the entire space either its on purpose and for the memes, or he is actually smooth brained. Nobody is worried about btc energy costs lol, and scarcity IS a good argument for why btc is a good asset, why would it not be? casually explained is a clown show who probably lost shit tons of money in crypto, or more likely missed the train entirely, leading to this shit video. Absolute case of skill issue tbh.

[@OoRo0]

loving the 3 month schedule

[@Univaryy]

You Npc fr

[@Pax.YouTube]

Incognito Mode and Casually Explained in the same day? What sorcery is that?

[@BlackJesus8463]

I already forgot.

[@benjibutt5796]

IH/Incognito Mode is a shameless plagiarist

[@WesternCommie]

I just got an ad for Bitcion half way through this video that was explaining bitcoin, saying close to what you said, just seriously. It was hilarious.

[@abetahau8108]

Heres how bitcoin works in caveman terms: Me want fish. Me give shiny rock for fish. Everyone in tribe see trade. Tribe write trade on big rock. Big rock can't change. Me want new shiny rock. Me do big puzzle. First to finish puzzle get new shiny rock. Shiny rock safe. No one steal.

[@michaelf8221]

Thanks for dropping this after Last Week Tonight's huge season 3 dump and not before it. I wouldn't have seen it in my feed if you were a few hours earlier!

[@BlackJesus8463]

I saw that too.

[@Evan-xs8ts]

8:11 where do you find these 😂

[@NancyFranciss]

Ah, Bitcoin-where dreams of quick riches meet the harsh reality of volatility! 😂 I've got my emergency fund at $23k, and I'm itching to dive into investments. But before I go all-in on digital gold, does anyone have a map to navigate this financial jungle? A head start would be nice-preferably one that doesn’t end with me eating ramen for the next decade.

[@CharlotteJacobsons]

Totally get where you're coming from! Bitcoin's like the Wild West of investing-exciting but risky. If you want to keep that $23k from turning into a sob story, maybe think about getting some professional advice. An investment advisor could help balance the thrill of crypto with some less nerve-wracking options. You know, so you’re not just one Elon Musk tweet away from financial ruin. 😅

[@MollyShorters]

You guys are right-Bitcoin's a wild ride, but I’m all about calculated risks. I’ve been thinking about getting an investment advisor too, but honestly, I have no clue where to find a good one. How do you even start looking for someone who won’t just push their own agenda?

[@CharlotteJacobsons]

There are a handful of CFAs. I've experimented with a few over the past years, but I've stuck with ‘' Linda Aretha Reeves” for some years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@MollyShorters]

Thanks for the heads-up! I looked up Linda Aretha Reeves, and she seems like exactly what I’ve been searching for. Finally feels like I’m on the right track in this financial journey. Here’s to smart investments and no more sleepless nights wondering if I made the right choice!

[@blissds-gi3mb]

Watched Linda Aretha on Bloomberg finance summit 4 years ago and her presentation was terrific!

[@All_Attitude_video_]

The integration of Alemio Network with Layer-2, DeFi 2.0 tech and Cross-Chain interoperability has significant potential to enter top 100 cryptos. Well done!

[@arthurgere2562]

I now have an image of thousands of Chinese kids mining bitcoin by counting on their fingers

[@Virtuous_Rogue]

Seems like an MLM scheme to me. Invest in Bitcoin, hype it up to your friends so they buy, raising the price for you. Keep hyping it to make sure demand goes up and your Bitcoin holding keeps going up.

[@nomadshiba]

it has value because its the best asset type, easy to move, easy to secure. you can take it to the grave. and its guaranteed to be scarce, nothing in the human history has the same properties. house prices are not high because people need houses, they are high because traditionally, people put their value in the house market in order to protect it, because houses are scarce. you cant put your value in gold because gold loses its value because there are more gold being mined every year, it doesnt survive more than 2 generations. people uses houses as store of value because there was no other option. they are not great, they require maintenance, security. and houses are easy to tax, because you cant move your house to another country with less tax. if you tax btc too much it can leave the country in someone's head. bitcoin should make houses cheaper and more affordable because then we dont have to use them wrongly as store of value out of their purpose

[@Annah382]

I guess a lot of people over the last 15 years have been "hyping it up to their friends," no real value. 😂

[@Virtuous_Rogue]

@@Annah382 A global currency can build a much bigger pyramid than a nation level MLM. It's also got no barrier to participate. With an MLM you normally have to actually sell something. Its value is debatable but for an asset that is as volatile as Bitcoin, it's risky to store money in it that you would be devastated to lose.

[@XMysticHerox]

@@nomadshiba You said a lot without once mentioning what actually gives it value. Which is nothing. The only "value" comes from new people buying into the scam. Eg a pyramid scheme.

[@heyho4770]

​@@nomadshibaHouses and Gold can satisfy real life demands while Bitcoin is mostly there to convert it into Fiat currency aka actual money.

[@petertaydus6330]

Yo I haven’t laughed this hard and this much in a long damn time. Forever subscribed my dude. Keep it up. Thanks again. Great info. Much love.

[@quackgamingMc]

"Swarm of Cyber Hornets" I'm pretty sure that's just the average twitter user

[@yazvangamingyt8836]

Diving into Alemio Network's whitepaper - the innovation and technology behind this project are mind-blowing!

[@CillBinton]

I don't care about the time in between. Quality vid every time. Love your content my man!

[@MoshHewson]

Genuinely one of your best already omfg

[@dovlacic3066]

WTF if this is his best video i can't imagine what others look/sound like...don't have time to look this fools work...

[@MoshHewson]

@@dovlacic3066 how about you check who asked?

[@CarimboHanky]

incogni give us your data, so we can... "wipe" your data from other competitor data bases... sounds good to me 😂

[@taftpenton8962]

Everyone buys bitcoin at the price they deserve. Never an exception

[@prekk2986]

A month is always projected to be amazing when this guy uploads

[@Dezbo]

Every single time this guy uploads I’ve went through monumental changes in my life

[@javierrodrigo1009]

Please do "Casually Explained: Chess" !

[@johart309]

YES

[@Nockblock]

April fools

[@twig1777]

bump because I'd love to see this.

[@alexandrub8786]

Oh yes. The first great turn-based strategy game still popular today.

[@dontbefatuousjeffrey2494]

​@@alexandrub8786I thought that was war?

[@Exilum]

What with the spam? Did this video summon all the crypto bots of the world?

[@MyLegsAreKindaLong]

i know right

[@Krauerking]

Yes. They probably latch onto key words.

[@ThisCanBePronounced]

Yes, many crypto KZbinrs have had to pretty much totally give up on comments as a functional feature. Almost every. single. comment is such spam. Surely they and their viewers are all reporting constantly but KZbin hasn't done anything about it and it's been at least 3-4 years like this. But they creators to keep the comments on for "engagement," I guess. I think you're only immune to it if you have monetization off. That's why CoinBureau is immune, and that's good for the rest of us since they're a top information/education-only channel (assuming they still are; I'm no newbie any more so I don't watch them much. No vouching here).

[@catastic9394]

Yeah it's the same for any other financial video, they just love to scam desperate people ig

[@ThisCanBePronounced]

@@catastic9394 does it happen on tranditional finance videos too? As an exercise, the finance videos I watch aren't in English so I don't know. I do see the spam has enough generic language or can be easily adapted for them lol.

[@ArchieOscar-r5v]

I'm thinking of getting into investing but feel a bit lost and confused. Any friendly advice or contacts you recommend for guidance?

[@PeterDuran-b4p]

It's a wise idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.

[@JackWilson-c8c]

Getting advice & guidance from financial experts like Alana ringberg to adjust your investment is a wise move.

[@AxelAdam-d6u]

Wow. You know her too? I lost a lot of money as a beginner until I saw Mrs Alana ringberg She on CNBC. She's been managing my portfolio with good returns and I appreciate her sincerity and genuine services

[@ChrisFerguson-g7o]

So you guys also familiar with her? Whoa! She is amazing and the reason my spouse and I possess our own home and car

[@GeorgePhilip-j8z]

I was so skeptical when I saw testimonies about Alana but I gave her a try. She has been making good returns for me since I started trading with her

[@marmer1327]

Okay your sponsor read won my heart!

[@robithesir]

I'm just glad that you didn't call a trilby a fedora

[@bensteinhauser784]

Crypto's too risky for me, instead, I'm taking the safer option and commiting insurance fraud. Then, with that money, I'll buy gear and rob a bank.

[@dontbefatuousjeffrey2494]

Why not just stop with the fraud? If you do that right there's absolutely no need to I just got wooshed, didn't I?

[@winstonwolfe2537]

“Anonymous chess grand master 😮😊😅 Satoshi Nakamoto”

[@styxing]

Casually explained and internet historian uploading on the same day, it must be christmas

[@AveryLiburd]

your sense of humor is incredible.

[@igor_kossov]

As Alexander Pope once wrote about this very development: "A little learning is a dangerous thing" "Drink deep, or taste not the Koolaid Spring"

[@harutokarasu5353]

Perfect, I was running out of CasuallyExplained videos to binge

[@cyansuy3062]

The part about gold bugs me a bit because, while it has value because of the bling, it's also used in practically every aspect of today's technology. Hell, to mine bitcoin, you need gold

[@Knytz]

You also need water to mine bitcoin and to live

[@longislandlegoboy]

The point isn’t that gold is useless it’s that its value is much higher than like the actual value of its use. We all just say it’s worth a lot because we agree it’s worth a lot. It’s why those cranks who complain about the gold standard being dropped are cranks

[@davidj6755]

Only 10% of gold is actually used for industrial purposes, 90% of it is used purely as a store of value. Most of it is just sitting in vaults.

[@cyansuy3062]

@@davidj6755 10% is still a LOT of gold

[@bubbleboy821]

I am in the boat that Gold doesn't have all that much intrinsic value, other than its supply. However, the gold standard was important because it prevented government taxation through inflation.

[@andrewpayette621]

4:52 I literally choked on my food with that joke

[@NachitenRemix]

Its a good joke

[@HMNCLunar]

Had us in the first half, not gonna lie.

[@TheNumbersPerson]

The S&W joke made my day. Have some additional engagement points for the algorithm.

[@RetirededKat]

I used to hang out with a guy who got into mining back in 2008 during the Folding@Home days. A few years later he had a basement full of PCs, then in 2019 he cashed out and vanished. Good luck Don, wish I had listened.

[@UnkIZMs]

Maaaaaan, Bitcorn is really gonna hurt feelings very soon.

[@SAL-fs1mr]

and you'll get over it by holding bitcoin for over 5 years. but you have to hold it.

[@Pico_444]

I think one of the biggest strengths in Bitcoin is that if I want to send $30 million to a guy in Bolivia on a saturday night at 3AM I can do so in 10 minutes while paying maybe $0.5. Try doing the same thing in the traditional banking system and tell me how many questions they asked, how much you had to pay, how long it took and how many watchlists you were placed on.

[@ChristopherHallett]

If you're sending $30 million to a buy in Bolivia you;re doing it in USD cash, in Pelican cases, on a chartered private yacht, with an armed security team. The only thing bitcoin was ever good for in a commercial sense was buying bathtub meth off silk road.

[@RiversideM]

if you're doing that you should for sure be on a watchlist

[@skatemore33]

​@@ChristopherHallettyou have no idea what you're talking about whatsoever

[@gonzoengineering4894]

And once again, libertarian ideals have been effortlessly subsumed by the state to further its power. There is no reason to drop that kind of money in Latin America in one go unless you work for the CIA plotting a coup

[@gatosospechosop3]

@@skatemore33please elaborate

[@luciferseventh1679]

I’ve never heard of the stock to flow model in any of my finance classes lmfao it’ll be so interesting to bring it up

[@xcosmiccrunchx]

It's funny you're making fun of it. I'm sure people were making the same comments about the sahm rule in 2020, but I bet everybody has heard of it in your class.

[@enriquemercedes9519]

5:12 the $2 powerball joke was hilarious!

[@kZkZ]

gold wasnt valued since the dawn of humanity, lots of random crap unique to a specific society was though, like sea shells - in this context whats important is something common that everyone accepts and has access to while having properties that ppl attribute to as good SOV

[@axnoro]

And the societies that used sea shells got trampled by societies that used gold. Later on, these societies started using gold instead of reverting to sea shells.

[@Etaoinshrdlu69]

Gold is rare. It doesn't tarnish. It's small. It's physical. That's why it was used. In the modern world it can't be used for payments but its still physical which is what makes it unique compared to other investments.

[@hedgehog3180]

@@axnoro What the fuck does that have to do with anything?

[@axnoro]

@@hedgehog3180 Seashells are an inferior sort of currency to gold. They are easily produced by industrial societies, whereas gold is not. People need to realize that the reason gold was used as money is because of its properties which make it the hardest natural money and not because it was 'available' or because it is pretty or anything else.

[@wardprocter2371]

Don’t forget about tulips. Those were some strange times…just like now.

[@cowmath77]

I remember seeing a sign at a deli in 2011 that they took bitcoin and wondered what that was. My buddy said he could show me how to buy it, but I thought it was a dumb trend and said nah. 😢

[@andrasszabo1570]

Maybe not, it only would've been theoretical money. Its value is growing so much that I'd never sell it.

[@SillyMonkeysLikeApples]

I hear that hundreds of times already

[@cowmath77]

@@SillyMonkeysLikeApples ok

[@alvadagansta]

Perhaps that was a regrettable moment, but your instinct of rejecting dumb trends probably protected you from thousands of shit coins and scams in your life. It probably wasn’t all a loss.

[@johnnypopstar]

Spoiler alert: that deli did not actually accept bitcoin anyway. Various interested parties just went around sticking those stickers up in such places long before any of them actually accepted it.

[@danielgoldberg8214]

This is one of the funnier casually explained videos yet!

[@stray8468]

I never knew the word HODL had its origins in a mis-spelled internet post

[@qwerty11111122]

9:44 im dead

[@tommyaoi1183]

😂😂😂😂😂

[@WangoTango_]

Can you casually explain why my friends get lost and fall asleep under parked cars when they drink

[@florianfelix8295]

they’re just men?

[@brookejon3695]

That's because your friends are stray cats

[@ThisHandleFeatureIsStupid]

Because falling asleep under moving cars would prevent them from continuing to be your friends. 👍

[@quasimofo6480]

Mom, he posted again

[@Univaryy]

Corny Npc

[@quasimofo6480]

@@Univaryy how'd you escape the gas chamber snoop

[@TheRealE.B.]

Bitcoin has gone up in value over the past 15 years about as much as some Pokemon cards. This is a clear signal that Pokemon investors should be diversifying into Bitcoin.

[@expressyourself1829]

Mining is not math problems, it's literally guessing numbers. That being said, I full heartedly believe in bitcoin.

[@BlueJayYT]

Blah blah blah, too many funny words, stick boy. Just cut to launching your meme coin already so I can throw my money at it

[@bagfaceman1656]

Always a good day when something gets Casually Explained

[@Univaryy]

Npc moment

[@SkinnyNinny]

​@@Univaryywith those comments everywhere, you seem really desperate to piss off random strangers on the Internet

[@ThatOneGuy_James]

Ok, but when is Casualcoin dropping?

[@FredianaNucci]

Agreed on the crash games. You really never know what's going to happen next. It’s a real adrenaline pump

[@Meilk27]

love seeing a good "they dont think it be like it is but it do" quote

[@CathieGomez-mp8sk]

Bitcoin is gearing up for a monumental leap to new all- time highs.🚨

[@MorrisBasar-jm9lc]

Absolutely. It's an exciting time to be in crypto. Strap in and enjoy the journey.

[@ErnestoHorner88]

this is definitely superb! think you could suggest any professional/advisors i can get on the phone with??

[@JohnGeorge-pw2xo]

Yes grahamconsults

[@DonnDenisse]

i'm in my fifth trade with him and it has been super.

[@nicholda436]

On telegra..?

[@Cristian_M_]

Successful people don't become that way overnight. What most people see as a glance of wealth, a great career, and purpose is the result of hard work and hustle over time. I pray that anyone who is reading this will be successful in life.

[@ramadhanipongela1360]

I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..

[@tracyholian2944]

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

[@TuncayErol-jy1il]

​@@tracyholian2944 You are right. Been thinking of going into gold and cyptocurrency

[@aaronferrell3129]

Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate

[@clydeorlan2615]

You’re right but a lot of people remain poor due to ignorance

[@fishyfishery]

Hes back

[@Univaryy]

Who cares