Do we need Alts? Making the case for Bitcoin Maximalism!

#Bitcoin #Altcoins #BitcoinMaxis #DoWeNeedAlts #IGotChallenged #AltsVsBitcoin
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00:00 Introduction
01:19 How To Challenge IA
01:32 Patreon Member “Airstyle” Challenges IA
02:00 Airstyle says…Decentralization
03:20 Nakamoto Coefficient Top Layer 1’s
04:03 Bitcoin Energy per Tx vs VISA 2022
04:29 2188 KwH in Perspective
05:00 Summary
05:27 Airstyle says…Everyone Can Participate Within The Network
06:00 Why Bitcoin Can’t be Banned?
06:14 Cost to Run a Bitcoin Node
07:15 Airstyle says…Quick, Cheap & Low Energy
07:32 Strike & Lightning are Game Changers
08:26 Lightning Network App Users
08:56 Enter ETH – Vitalik claims Competitive w Visa
09:31 SOL $500 Transfer Cost $0.000006
10:23 Airstyle says…BTC As World Reserve Currency
10:50 Yes – Bitcoin is Better Money
11:29 Bitcoin is Better Than Gold & FIAT
12:14 Airstyle says…BTC Has a Strong Narrative: “Digital Gold”
12:50 Commodity Branding is the Ace in the Hole!
13:46 120 Yrs Global Reserve Currency Development
14:44 Airstyle says…Adoption & Worldwide Interest
15:26 BIS’ Basel Committee
16:21 $ Printing & Inflation is a Powerful Govt Tool
17:00 Oh – and Transfers are how Officials Get Elected
17:54 Airstyle says…Regulation
18:53 Bitcoin = Morality!
19:19 Surveilled Permissioned Ledgers
19:56 Govt Can Reach All
20:28 Airstyle says…BTC Survives & Thrives
21:00 Great – 18,000 to Go!
21:44 Airstyle says…BTC Only-Wallet
22:01 SeedSigner
22:31 Airstyle says…Fixed Supply & Deflation
22:53 According to Cane Island Digital Research (CIDR) 4% of circulating bitcoins are lost every year!
23:01 BTC Year 2048 w 1% Drain
23:40 Airstyle says…Distribution of Coins
24:34 Bitcoin Held by Retail ATH at 17%
24:47 Aggregate Cohorts
25:36 Airstyle says…Alts & Fiat Incentive
26:11 Smart Contract Platform Inflation
27:05 Airstyle says…DAPPs and NFTs
27:48 NFT & Blockchain dApp Risk
28:47 Airstyle says…BTC Risks
29:25 Miner Risk
30:00 Re MSTR & Satoshi Risk
30:34 Airstyle says…Alt Gains
30:47 It all goes back to Metcalfe’s Law
32:07 Conclusion
32:09 Summary of all Points