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My Favorite Thing About Bitcoin
My Favorite Thing About Bitcoin
75 episodes
3 days ago
Bitcoin education and appreciation MFTAB is also on YouTube! ⁠https://youtube.com/@satdaddy?feature=shared⁠ And follow on X ⁠https://x.com/thesatdaddy
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Bitcoin education and appreciation MFTAB is also on YouTube! ⁠https://youtube.com/@satdaddy?feature=shared⁠ And follow on X ⁠https://x.com/thesatdaddy
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Everyone Gets This Wrong.. (Bitcoin Vs Visa)
My Favorite Thing About Bitcoin
9 minutes 35 seconds
3 months ago
Everyone Gets This Wrong.. (Bitcoin Vs Visa)

“Bitcoin is too slow to be money!”You’ve heard it. Maybe you’ve even said it.But what if that entire comparison is based on a fundamental misunderstanding of what money actually is?In this video, I break down why Visa isn’t the gold standard — it’s just a credit network built on layers of trust.Bitcoin? It’s something different. It’s hard money that settles.00:00 - Bitcoin Is Too Slow”… Right?00:33 - The Visa Comparison Is Broken01:00 - What Actually Happens When You Use a Credit Card01:40 - Trust-Based Money vs Final Settlement02:30 - How Gold Scaled in Layers03:00 - The Internet Analogy: TCP/IP to YouTube03:45 - Hawala: An Ancient Layered Payment Network04:20 - Visa’s Multi-Layer Madness05:10 - Bitcoin Is Final Settlement in Minutes07:30 - Bitcoin Is Digital Gold (But Teleportable)08:00 - Lightning Network: Layer Two Scaling Today08:30 - Final Settlement Without PermissionValue 4 Value: If you enjoyed this content feel free to zap me some sats via the lightning network: MFTAB@fountain.fmNYKNYC. Buy Bitcoin and withdraw to self custody with Bitcoin Well. Use my referral link for a chance to win free sats: https://bitcoinwell.com/referral/mftabFollow MFTAB:www.youtube.com/@MFTABhttps://x.com/thesatdaddyprimal.net/mftabhttps://www.tiktok.com/@thesatdaddyhttps://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAhhttps://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37

My Favorite Thing About Bitcoin
Bitcoin education and appreciation MFTAB is also on YouTube! ⁠https://youtube.com/@satdaddy?feature=shared⁠ And follow on X ⁠https://x.com/thesatdaddy