Krystian Streit Show

Author: Krystian Streit

Hi! My name is Krystian, I think money is cool and learning about it is even cooler. Since our schools don't teach us about this stuff I figured I would try my best to make Finance and Investing fun to learn about, along with the hundreds of other finance YouTubers... :)
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Language: en

Genres: Business, Investing

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BITCOIN CRASH | The Problem With Bitcoin And What Could Make It Fail
Episode 3
Wednesday, 3 March, 2021

Support My Work - https://www.patreon.com/krystians The BEST Crypto Savings Account (8.6% APY) - https://blockfi.com/?ref=17247818 Buy Crypto & Earn $10 (Coinbase) - https://www.coinbase.com/join/streit_kz Earn $10 W/ Crypto (Gemini) - gemini.com/share/lmgraq3n Get $30 When You Sign Up For M1 Finance* - https://m1.finance/F4xaJ9IWKICp Pay $15/month For Your Phone Plan - http://fbuy.me/q9KhK All Of My Affiliate Links - https://linktr.ee/krystian9 Follow Me On Instagram - https://www.instagram.com/krystianstreit/ So as someone who is a BIG supporter in crypto, I think it is always important to play devils advocate when investing in them, especially since they are such a new asset class it's really hard to judge what they will do next. But today I just wanted to look into the things that aren't so good about Bitcoin. No this video is not made to take any shine away from Bitcoin and what it has done, but there are some major flaws with Bitcoin and if some of these things happen in the future it could be in some BIG trouble. Bitcoin has a few big known problems like being a proof-of-work coin, having small transaction speeds, taking up a lot of energy to run, there are no updates to the network, and there are a few other minor things Bitcoin doesn't get right. But there is ONE MASSIVE THING that could really send Bitcoin to zero and to find that out you'll just have to watch the video for that one! Happy Investing ❤️ *Disclaimer: I am not a financial advisor and I am not telling you what to do with your money or anything along those lines. All of the videos I make are for entertainment purposes only. If you follow any of my advice you are 100% responsible for any outcomes.*