Bitcoin Education | Looking Glass; DCA.BTC; 10 Year Yield; 200 Week Moving; BlockExplorer; LND #btc - YouTube

Channel: unknown

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hello everybody welcome back to this聽 video we're gonna cover a lot of things聽聽
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especially about uh education i uh find聽 this website really really interesting聽聽
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and uh most importantly i see good聽 reviews about this educational website聽聽
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which basically concentrate on education as you聽 know guys i'm all about education in by cover聽聽
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channel in this channel it's all about education聽 teaching you about what bitcoin really is and how聽聽
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can i on board as many people as i can聽 by giving them the most honest education聽聽
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so when i find a website like this that has so聽 much value in terms of what they like they can聽聽
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provide so much more value than i could so聽 i feel like so uh pumped to show you guys聽聽
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uh what uh so how do you know uh ex you know聽 take advantage of that because i see as you聽聽
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can see over here i'm just gonna show you now聽 uh the reviews over there are very great and i聽聽
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took uh i'm taking this course myself right聽 regardless how much i know and about bitcoin聽聽
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but it's not just about bitcoin it is cost uh聽 take you all the way from the beginning of money聽聽
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and um the beginning of time where we started聽 to use money and the definition of that and how聽聽
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did we get here and the fiat system and all that聽 like everything so i had to learn so much good and聽聽
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useful education a district educational content聽 so i really recommend you guys check it out聽聽
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i don't there's no link right so i'm not i聽 don't have any link just click on looking glass聽聽
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education and you can just get there and get a聽 free education um those are uh you know in my in聽聽
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my opinion this this course would cost like uh聽 maybe uh 200 to 300 uh to take even more be for聽聽
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the value you would get uh not only that but you聽 know this education you would never get in school聽聽
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right so those they don't teach us those things in聽 school because if they think if we know right we聽聽
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wouldn't be part of our system right so this is聽 why i really want to recommend this to you guys聽聽
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it's not monetary but uh again uh i'm i'm all for聽 education i'm all for teaching you i don't want to聽聽
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focus too much on the price this is not really聽 all that matters but the most important thing聽聽
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is about dedication and this is why this is how i聽 think you can be very successful so uh we're gonna聽聽
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check uh the the this uh chart over here uh this聽 is just an educate an indicator uh i always look聽聽
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at charts as lagging indicators like it doesn't聽 matter which shot right because before bitcoin聽聽
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this chart never existed like the way it is right聽 so it's what you're looking at when you look at聽聽
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this look at this the last dot on this chart this聽 dot is the position bitcoin is right now it's not聽聽
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indicating what bitcoin is going to do next you聽 see so those are logging indicators and this聽聽
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is what people don't understand they looking at聽 those charts and then they try to make predictions聽聽
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this is really stupid to me it's like how can you聽 just look at something that's like definite it's聽聽
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it's not con it's not continued there's no way聽 this indicating me or anything else in the future聽聽
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that's just done right now right so and then聽 people make like crazy um predictions based on聽聽
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those like it's really stupid to me so i just look聽 at those things just uh i don't take them as any聽聽
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prediction at all because most of those people are聽 just lying um and i'm just we're gonna look at um聽聽
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bitcoin data some statistics and uh聽 let's you know go on the harsh weight聽聽
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the high trade is uh is just holding or just uh聽 just say 204 million they are harsh so per second聽聽
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and then uh so we have uh the difficulty uh聽 over here the difficulty just dropped a bit聽聽
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and now we're just holding there at 20 at 29.聽 so uh and then we have the miner's revenue聽聽
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uh the mine is within is dropping because as you聽 know the price is dropping so it makes sense so聽聽
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i think uh in uh if miners start get getting聽 liquidated and get going out of business聽聽
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you have a lot of miners uh going to聽 the market so people used to used to be聽聽
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willing to get into the mining business they could聽 get in um uh it's the mining business is something聽聽
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very difficult very complicated um you're gonna聽 have to be like very sophisticated to really聽聽
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survive in the mining business because uh it's聽 very competitive so that's why i don't really um聽聽
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suggest somebody to get into the mining business聽 like i mean if you want to do some home mining聽聽
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maybe like for hobby and something you have to you聽 want to make sure that you really educate yourself聽聽
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and start very small like one um s9 something聽 like that but if you if you want to do something聽聽
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if it's about like making money for living聽 it's something very very complicated i know聽聽
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people would do like upstream mining data聽 upstream data for example is doing like uh
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mining bitcoin using flare guys uh you know not聽 flair natural gas and just use this wasted energy聽聽
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and put it into turning it into bitcoin聽 that's really profitable because basically聽聽
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you're getting the gas for free almost free and聽 you just convert that into bitcoin that's good聽聽
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and i think that's really really good but聽 in other ways if you have to buy the power聽聽
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and energy prices are good getting higher right聽 so if you take a loan to buy miners you have to聽聽
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pay interest on the under on that loan if you聽 never use that miner or the miner value or drop聽聽
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so it's it's always all the risk that's why it's聽 so much better to just hold the bitcoin itself聽聽
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because and then you just let the miners work聽 for you and secure that bitcoin for you so聽聽
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no winner to me so just a bitcoin um聽 uh what answer can we check on this uh聽聽
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i think uh for this we good now uh and聽 you know we have the big lightning network聽聽
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uh the the lightning capacity and the聽 channels nodes yeah keep growing up so
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it's uh uh we have we're having more and more聽 channels every day right so uh this is uh the聽聽
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chart for that and we have uh so much you could聽 uh check that for yourself guys i could just go on聽聽
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the bitcoin visuals and you bitcoinvisuals.com you聽 will see like the bitcoin network the lightning聽聽
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network the capacity and you have the the amount聽 of bitcoin and the network is going all right so聽聽
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we are at about like uh four thousand seventy聽 three btc right now and uh yeah we got this聽聽
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the price is going down uh you see the amount of聽 bitcoin is growing right so um i mean the people聽聽
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don't really care about the price and you see the聽 network is strengthening that's amazing and uh聽聽
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also guys uh this is uh basically uh this is the聽 block stream uh block stream explorer so i'm not
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yeah let me just bring this down聽 to see i just gonna show you guys
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on the blog stream explorer聽聽
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i was gonna show you so this is basically over聽 here once you go there you will see the blocks
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and now we have dashboard right every single uh uh聽聽
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block you can see them from there the聽 transactions right and you can see every single聽聽
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transaction here right from here you can聽 see the blocks there so amazing amazing so
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network is keep it is keep working like every 10聽 minutes right tick tock next block um and then聽聽
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let's check on the the dca website um like the聽 other day i made a video teaching you guys about聽聽
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how you can have a safe down payment for your for聽 a house um i really went to like uh step by step聽聽
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let's say if you want to save聽 like a certain amount like 20 000
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so if you want to save twenty thousand dollars聽 every uh twenty thousand dollars for three years聽聽
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so how much money would have聽 to to save every month right so聽聽
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yeah so i went down to basically every uh聽 everything so it was about uh 565 from the past聽聽
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uh three years if you're going to like save聽 565 every month you would be getting like聽聽
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uh you would in total you would be saving in in聽 fiat twenty twenty thousand uh three hundred forty聽聽
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and then in in saving to receiving in terms聽 of bdc your return would be fifty two thousand聽聽
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nine hundred dollars that's way uh聽 way more than what you would get just聽聽
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saving in your bank account so that's the massive聽 potential of this technology is saving technology聽聽
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right this driver that can get you where you聽 want to be in the next three to five years聽聽
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uh so instead of you know looking at the day by聽 day you want to look at this technology as a tool聽聽
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to get you where you want to be in your saving聽 dream uh for like you want to see for anything聽聽
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right but you want you're going to think about聽 long term not just not just like in the next um聽聽
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in the next month or the next year聽 so you have to think long term so聽聽
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really amazing because when you really think about聽 it when you try to save like the the value of the聽聽
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money is evaporating it's not really holding its聽 value really so things are getting more and more聽聽
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expensive like the other day uh the taxi drivers聽 they want they want more money for though you know聽聽
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for their time and you know they just raise uh a聽 few bucks the year in their every time and i don't聽聽
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blame them because uh their time is valuable right聽 so you know they can't if they can't afford to聽聽
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you know feed their family they have to raise聽 the price and this is why the value of your聽聽
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mind is not holding uh you need something that聽 can drive you uh hold this its value over time聽聽
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that's that and so you need to educate yourself聽 about you know like real education and to聽聽
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understand what you're doing here i don't want聽 you to just go and put your money in something聽聽
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you don't understand that's not helping聽 so in uh the last part i want to check on聽聽
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i want to touch on is the the 10-year yield聽 like i already showed you this already guys and聽聽
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this is one of the things i'm very fearful of聽 because the the implosion of the the debt market聽聽
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this is a 10-year year over this is overall like聽 since ever since 19 1980 1980 so now this is uh聽聽
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it uh this is at this level and over here 2.993 so聽 uh i'm i'm just afraid that this these things uh聽聽
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keep you know uh blowing up to the to the upside聽 five seven percent it would be like crazy because聽聽
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imagine if this if this thing get to um聽 seven percent like would be the end game聽聽
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right so uh it's just like money freeze聽 there's no uh money in the bank right so聽聽
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i mean like you're gonna educate yourself about聽 the economy understand what's going on because聽聽
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in my opinion this economy is in the verge聽 of collapse and i see so many places so many聽聽
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countries like unlocking money freezing uh聽 people's bank account they can't access money聽聽
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there's no liquidity so and so聽 many people are just are just so聽聽
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reckless and so they they're so clueless about the聽 economy and what they are dealing with they don't聽聽
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know like the money they yeah they see in the bank聽 it's just a representation of you know some digit聽聽
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it's not really money i i mean it's just like聽 it's really really good for you guys to really聽聽
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educate yourself that's why i show you again this聽 website to teach you about those things and it聽聽
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and not only that just share in your social media聽 and say share with your friend and family member聽聽
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teaching them about this because because so聽 we have to get on together guys so before聽聽
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i finish at this and i want i want to ask you guys聽 uh that's the first time i'm asking you this um聽聽
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uh i just wanted to uh show you guys i have uh in聽 my uh in my uh channel so i'm gonna show you uh聽聽
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if i cover over here so i actually got this um聽 so i i have uh a link that you could uh stream me聽聽
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some sets and it's a fountain i don't know if you聽 guys know this uh uh already but it's a fountain聽聽
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uh it has a lightning network lightning network聽 wallet that's connected to it um that can uh that聽聽
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will lead you to to pay uh to uh you know pay聽 me some shots or stream you extremely some stats
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ah but if you want to support me right so uh聽 because uh as you know like any every thing you聽聽
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do basically let's say you want to finish watching聽 this video for example between the lightning聽聽
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network and then you wanna you know just uh say聽 thank you for example this person said thank you聽聽
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but you wanna uh you know uh take me in other ways聽 you can just go there and just this is the link聽聽
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uh i mean the address for the fountain right聽 uh the unthinkable this is my uh handle is聽聽
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the unthinkable at fountain that fm so this聽 will allow you to just go on your fountain聽聽
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app and just just look for me and you look聽 for this and just pay using this and satoshi's聽聽
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i would be very grateful guys if you could聽 help because uh you know like not only this i聽聽
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i'll be able to have uh you聽 know you know set more time to聽聽
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for more research uh on more like uh great聽 education and great content to help you and help聽聽
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maybe one of your family remember a friendly聽 family we will be using this this uh
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this channel for to to learn uh about bitcoin聽 and educate themselves and protect themselves聽聽
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from what what's gonna happen so i i wish you guys聽 i hope you guys uh enjoy and i hope you guys uh uh聽聽
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take time to just uh stream me some satoshis and聽 uh find any other ways if you could um not a lot聽聽
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but uh i feel like yeah if i uh bring you some聽 value and you you see that uh you just just send聽聽
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like yeah the amount you you feel like i deserve聽 so it doesn't have to be much but it's just聽聽
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simply that i want to see i deserve so i'll聽 just leave it there guys i hope you enjoy聽聽
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and uh this was spike over and i'll聽 see you again guys have a wonderful day