Channel: Luke Smith

Category: Science & Technology

Tags: standardcapitalprivatememelinemaximalismsaylorprivacybestmediumgainslayernetworkcentralizedgoldbtcpricemonerocurrencyxmrcashvalueprofitlightninginvestmentdecentralizedstoretechnologycryptocurrencykrakengeminimichaelpredicitioncoinbaseanonymousexchangebitcoinfinancefungibility

Description: Bitcoin's issues will not be solved with "Layer 2." The gold standard was destroyed by its own "Layer 2" solution to its flaws as a currency: paper currency replaced gold and in the same way, a cryptocurrency like Bitcoin that has extreme transaction fees and requires bloated centralized solutions on top of it will gradually be replaced by those "solutions." A decentralized digital currency and a store of value has to work as such without aid from other systems. This is a clip from an interview I did for Monero Talk. See links to the full interview here: YouTube: youtube.com/watch?v=qIMw_cI4UsA Odysee: odysee.com/luke-smith-on-monero%27s-unique-self:0d9aba4153a9998177f676adfb40c16f8c58f199 PeerTube: videos.lukesmith.xyz/videos/watch/897210b1-0ac6-4dbd-8df8-35b174365db4 My website: lukesmith.xyz Please donate: donate.lukesmith.xyz Get all my videos off YouTube: videos.lukesmith.xyz or Odysee: odysee.com/$/invite/@Luke:7 BTC: bc1qw5w6pxsk3aj324tmqrhhpmpfprxcfxe6qhetuv XMR: 48jewbtxe4jU3MnzJFjTs3gVFWh2nRrAMWdUuUd7Ubo375LL4SjLTnMRKBrXburvEh38QSNLrJy3EateykVCypnm6gcT9bh OR affiliate links to things l use: vultr.com/?ref=8384069-6G Get a VPS and host a website or server for anything else. epik.com/?affid=we2ro7sa6 Get a cheap and reliable domain name with Epik. brave.com/luk005 Get the Brave browser. odysee.com/$/invite/@Luke:7 View my videos on Odysee and get a bonus for joining. coinex.com/register?refer_code=ndf87 Get crypto-rich on Coinex. Get reduced exchange fees for 3 months. coinbase.com/join/smith_5to1 Get crypto-rich on Coinbase. We both get $10 in Bitcoin when you buy or sell $100 in cryptocurrencies.