Could Bitcoin be the Largest Robbery of all time

[Optional]

Holy fukk that video was so confusing. I sound like an crusty old timer, but I don’t get how I print a piece of paper and magically all my btc is off coinbase & on paper.

Coinbase does not actually have your bitcoin.

They are just viewing the transactions associated with your wallet key from the blockchain record.


So it's never "off" or "on" Coinbase or the paper wallet.

Coinbase and the paper wallet simply hold the keys to access your wallet records and approve sends.


You can actually go and download an Electrum desktop wallet and import your private key into that and be able to access your wallet and do sends from multiple places/wallets. They all just update their history from the blockchain record and display it to you.

[Otters27]

Odds are you're already a slave to the mighty dollar... so really what are you afraid of?

All true

[TheMoneyShot]

I know I have posted this video before but everytime I hear "bitcoin is a bubble" it makes me laugh.

Bare in mind, this video was published 2 1/2 years ago. It's been through a couple more "bubbles" since that time.

I didn't know D2 was making Bitcoin videos years back.