Bitwise Solutions

Using a Hardware Wallet: How to use a to send Bitcoin without it ever touching your computer!

Bitcoin Hardware Wallet Tutorial -Using ColdCard's Air-Gapped Feature Part of my ongoing series of Bitcoin education videos. Here I show you step by step how to send a Bitcoin transaction using a ColdCard hardware wallet, using...

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People ask me "What is backing Bitcoin?"

Money being "backed" by something refers to when things were backed by gold as a means of limiting the supply of dollars created. The value didn't come from the "backing" but from the trust created by the backing that the money couldn't be inflated without work being done to mine gold.
Bitcoin doesn't need to be "backed" because the code is open source and can be seen and verified by everyone, and with it you can see exactly how many bitcoin there are and if the supply is being inflated. Bitcoin are only created when miners expend money and resources and energy in the real world, thus proving they are doing "work".

Value is subjective and nothing has intrinsic value, outside of air and food and water, and even that is subjective as some people chose to starve themselves to death when the subjective value of life no longer means anything to them. Bitcoin has solved the problem of money by allowing us to distrust everyone on earth and still know that 1 Bitcoin = 1 of 21 Million for all time. The real question is, can you figure it out before it costs 10 million dollars a coin and everything is priced in Bitcoin.

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I get this question a lot #crypto #bitcoin #dogecoin #safemoon More Bitcoin and Philosophy podcasts on the way!Use my code when you sign up for Strike to buy Bitcoin and earn 5 dollars for free: https://invite.strike.me/...

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Do you have to buy a whole Bitcoin? #satoshi #dollar #bitcoin A part of my series, Bitcoin Facts as part of my Bitwise Solutions project.bitwisesolutionsjax.comMore Bitcoin and Philosophy podcasts on the way!