Join my private Bitcoin forum:
https://www.bitcoinuniversity.com/bitcoin-forum
In this video, I discuss "unit bias" and how it can lead to the illusion that Bitcoin is "too expensive," when in fact Bitcoin is still extremely undervalued.
Unlike other cryptos, Bitcoin's decentralization ensures that no centralized party can increase the max supply of BTC above 21 million coins.
Other coins like XRP were launched with a large number of tokens (100 billion) in order to give the illusion that XRP is cheaper than BTC.
XRP is cheaper than Bitcoin in the same sense that horse crap is cheaper than chocolate.
Don't be fooled-- there's only Bitcoin and there is no second best.
Not investment advice! Consult a financial advisor.
What Is Bitcoin's Ultimate Price Target?
https://www.youtube.com/watch?v=1ugK2waqCqM&ab_channel=BitcoinUniversity
Is It Too Late To Buy Bitcoin?
https://www.youtube.com/watch?v=ek-q3LpWNEg&ab_channel=BitcoinUniversity
XRP horse crap:
https://coinmarketcap.com/currencies/xrp/
Fidelity's report on BTC vs ETH:
https://www.fidelitydigitalassets.com/research-and-insights/understanding-bitcoin-and-ethereum-supply
USD to sats converter:
https://www.kraken.com/learn/satoshi-to-usd-converter
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
#crypto
Disclaimer
Neither Bitcoin 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, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed..
