How Bitcoin Destroys All Altcoins (Taro)

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In this video, I discuss Bitcoin's layered approach to new money, and how Taproot and Taro allow more functionality that will increasingly render altcoins worthless.

Taro will allow stablecoins, NFTs, wrapped altcoins, and other assets to be issued on the Bitcoin blockchain, and then moved incredibly quickly and cheaply over the Lightning Network.

Your altcoin is just another future feature on Bitcoin.

When you are building new money, it's important to make sure that it is being built on a credibly neutral, secure, and decentralized foundation. Further functionality can be added in layers, but if the foundation is not secure, the entire project is just another leaning Tower of Babel.

The internet itself was built in layers.

Not investment advice! Consult a financial advisor.

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Taro:

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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
#Cryptocurrency
#Taro

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Neither Trader 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 or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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WARNING: There are a number of scammers who are using my image and
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Bitcoin_University
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Matthew, the more I learn from you, the more I love Bitcoin!
I can't thank you enough. Keep up the good work. 🙏🏾🤗

bullishwhizz
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Your so eloquent and intense on the Bitcoin story.
It’s a breath of fresh air to listen to you.

No fucking shit right.

Thank you

dg
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Great explanation of why Bitcoin is the best crypto currency. Two thumbs up.

lilyglass
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I've been trying to explain this to alt coiners for years. I'm glad other people are catching on to that the only good thing about alt coins are that they are a testing bed for BTC upgrades

douglastaylor
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Thanks for another great video Matt! Our community is so incredibly fortunate to have you part of it. This particular video demonstrated to me that I’m wasting my time investing in AMP token, when the BTC lightning network does the same function better and more efficiently. Looks like I’ll be swapping out of AMP for more BTC. Thank you again!

giancarlo
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When you talked about building on foundations, you should have added “foundations built on a rug” 😂🤣. Thank Matt for you great channel.

alexfinn
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Bitcoin is more than just a crypto. Its a value planet with its own gravity. Alts will always live and die in this orbit.

robt
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The innovation happening on Bitcoin is F'n mind-blowing

fusion
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The final observation on the Tower of Babel was very interesting. I've never noticed it. Thank you for sharing

MartinCuticchio
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I’m heavily involved in Taro in the background, but focused on communication layer because that’s my biz. This includes making Onion Protocol more broadband robust.

PlanetFrosty
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I really like how calm your voice is and how you emphasize each syllabi - your energy must blend well with mine - makes listening to you much easier.

youtubeone
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I just recently discovered your channel & i love it.. Very informative, without hype nor clickbait, unlike those other crypto channels. Keep up the great work brother ! 💪🏾

SlyPsycho
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Holy Moly, this was one of my worries about bitcoin, that it wasn't going to compete with other altcoin's "use cases" but I really would rather wait 10 years to borrow against it instead of Blackrock blocking my ETH wallet if they want L0L THANKS !! CHEERS

hoopnewsdaily
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Alt-coiners keep the bitcoin price low for our closest friends and family to buy more. Keep that price low because we all know where it is going long term!

korypostma
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Thanks Mathew I enjoyed this one very much.Have a fantastic weekend

kevinl
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Mathiew your videos are extremely educational. I'm still trying to learn more about privacy on Bitcoin. I think that is by far the most important function.

joebiggs
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MC, U a bad man! Thanks for keeping it 100. Your work is impeccable.

kryptonic
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Well Done!! There is something so relevant in your comparison on the standalone apps. I remember all my service trucks used to have Garman GPS's hard wired into each of there dash boards. I have them all sitting in a drawer now lol!

mark
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Really appreciate hearing your perspective on these vids. Thank u 🙏

ninjashhh