Even Criminals Don't Like Monero
Please help to support this channel's work:https://www.youtube.com/@Bitcoin_University/join
In this video, I discuss how North Korean hackers are converting their stolen ETH into BTC, rather than some "privacy coin" like Monero (XMR).
There are a number of reasons, which include relative market cap, liquidity, and censorship resistance-- all of which Bitcoin wins hands down.
Money is a winner-take-all game. Even today, every single major currency is informally or formally pegged to the USD. The world is still on a USD standard, though it is rapidly unraveling.
What happens when US corporations like (Micro)Strategy, North Korean hackers, philosopher-kings in Central America, hippies in the jungle, libertarians in New Hampshire, oligarchs in Russia and China, and everyone else continues to converge on the same money?
That's right-- you end up on a Bitcoin standard.
Not investment advice! Consult a financial advisor.
Ethereum Falls as Crypto Exchange Bybit Confirms $1.4 Billion Hack:
https://decrypt.co/307215/ethereum-bitcoin-fall-bybit-confirms-hack
My trolling tweet:
https://x.com/mattkratter/status/1893103551460843604
Binance delists Monero:
https://www.binance.com/en/square/post/3817825785186
Monero is worth less than B-Cash and dog coins:
https://coinmarketcap.com/
Lazarus Group converting their ETH to BTC, not XMR:
https://x.com/BitcoinNewsCom/status/1893234011855638941
Tether does censorship well:
https://x.com/paoloardoino/status/1893288600625721804
Bitcoin has the most immutable ledger on the planet:
https://x.com/parkeralewis/status/1893088107764781244
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
#Monero
#crypto
Disclaimer
Neither Matthew Kratter's 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 as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky. Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to Even Criminals Don't Like Monero
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
