What Is Bitcoin and Why Is It Important?

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  • čas přidán 8. 09. 2024
  • Anthony "Pomp" Pompliano explains Bitcoin. He covers what it is, how it works, why it is important, and then answers as many viewer questions as possible.
    Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at www.pompletter.com :)
    Listen and subscribe on the platform of your choice:
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Komentáře • 1,9K

  • @AnthonyPompliano
    @AnthonyPompliano  Před 4 lety +71

    Pomp writes a daily letter to over 45,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at www.pompletter.com :)

    • @Scorch428
      @Scorch428 Před 4 lety +1

      Congrats on your extra millions today :P

    • @rexmann1984
      @rexmann1984 Před 4 lety +3

      Just popped into to say I watched your Peter Schiff debate, well done man. I'm a gold guy and agree with Peter on it but your limitless supply of gold argument really got him. It's true, look what happened to Platinum. It is the only thing digital currency has over precious metals. You know exactly how much is made per day and how much demand is out there. With gold you're dancing in the dark. However since we've been doing it for thousands of years and it has worked just fine I see no problem with continuing it.

    • @user-hc5hy3lm7k
      @user-hc5hy3lm7k Před 4 lety +3

      Bitcoin = Highly secure ledger recording ownership of pieces of Nothing.

    • @joesmith-ju7hh
      @joesmith-ju7hh Před 4 lety +1

      @@user-hc5hy3lm7k expensive pieces of nothing

    • @TobbenDomino
      @TobbenDomino Před 4 lety +1

      Ralph White i guess she had her bitcoin on an exhange? #notyourkeysnotyourcoins

  • @lucaspatrick6670
    @lucaspatrick6670 Před 2 lety +63

    Great content. It's so surprising how people buy crypto and store. What then is the reason of buying without investing it and making profit?
    Meanwhile making profit in crypto and forex at large requires you investing and as a beginner, you'll need an expert who would guide you while making investments because trading crypto ain't
    really easy as some people might think. You might end up running losses without proper guidance and mentoring from an expert.

    • @Henry-bu7nd
      @Henry-bu7nd Před 2 lety

      Yeah I totally agree with you

    • @Henry-bu7nd
      @Henry-bu7nd Před 2 lety

      6 months ago I had no idea what Crypto is. Now I have $36,000 in BTC and ETH.
      I still don't have much idea what Crypto is.
      But I have a big hunch. An expert trader is the key when it comes to success in crypto trading

    • @oliviatracey1756
      @oliviatracey1756 Před 2 lety

      I BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?

    • @oliviatracey1756
      @oliviatracey1756 Před 2 lety

      Have really lost a lot of money trading on my own

    • @davidrobert1944
      @davidrobert1944 Před 2 lety

      @@oliviatracey1756 sorry for your losses

  • @wendywu554
    @wendywu554 Před 2 lety +68

    Hello what's the best way to get started with trade cos I've been making my personal research for a while now.

    • @mabellogan2376
      @mabellogan2376 Před 2 lety

      Everyone thinks btc is kinda easy but they'll nervous to start.

    • @mabellogan2376
      @mabellogan2376 Před 2 lety

      Growing an account requires dedication and patience

    • @davidailbert7229
      @davidailbert7229 Před 2 lety

      I was winning in a demo before I started a life account. All i can say is that I made losses in different attempts.

    • @jenniferdonald7148
      @jenniferdonald7148 Před 2 lety

      Trading has left me no choice than to keep Investing. It makes so much profit for me.

    • @felicityoneill8897
      @felicityoneill8897 Před 2 lety

      I thought of Investing in btc some time ago but was discouraged by my friends

  • @monalinde5259
    @monalinde5259 Před 2 lety +59

    GOOD VIDEO:EVERYONE NEEDS MORE THAN THEIR BASIC SALARY TO BE FINANCIALLY SECURED, THE BEST THING TO DO WITH YOUR MONEY IS TO INVEST, MONEY LEFT IN SAVINGS ALWAYS END UP USED WITH NO RETURNS,

    • @khalidsalisudoka2353
      @khalidsalisudoka2353 Před 2 lety

      Making money is the plan and with Bitcoin your plans can be accomplish,

    • @khalidsalisudoka2353
      @khalidsalisudoka2353 Před 2 lety

      I really appreciate Mr Sam Justin influence during this global pandemic lock down,

    • @khalidsalisudoka2353
      @khalidsalisudoka2353 Před 2 lety

      Bitcoin trading is the best when you are on a profitable based platform,

    • @khalidsalisudoka2353
      @khalidsalisudoka2353 Před 2 lety

      I started with 7000usd then increased to 13000usd after receiving my profit.

    • @melissabrockman6397
      @melissabrockman6397 Před 2 lety

      That is true I've been trading for years and it has been my source of income,

  • @robertmyers3459
    @robertmyers3459 Před 3 lety +57

    Never knew bitcoin could be so challenging! Kept running back to these CZcams videos to learn more about this your video is indeed helpful. Thanks

    • @harveydaniels5115
      @harveydaniels5115 Před 3 lety

      .Sadly these are one of the changes in bitcoin profit is not always assured..

    • @aidanpatterson5430
      @aidanpatterson5430 Před 3 lety

      @Brandon Hussain .Not everyone has the patience and persistence to grow account. Some may end up blowing up their account.

    • @jamiehussain2811
      @jamiehussain2811 Před 3 lety

      @George Potter Demo account are risk free

    • @harrychapman3172
      @harrychapman3172 Před 3 lety

      Bitcoin Trade has left me no choice but to keep investing because it makes so much profit for me.

    • @jayfrancis1519
      @jayfrancis1519 Před 3 lety

      @@harrychapman3172 .I have been during trade offshore and still in yet to earn my first $100, what strategy do you use please.

  • @stevenrobert5069
    @stevenrobert5069 Před 2 lety +36

    I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

    • @borischandan8858
      @borischandan8858 Před 2 lety

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

    • @brownhenry1531
      @brownhenry1531 Před 2 lety

      I will advice you should stop trading on your own if you keep losing and start trading with Mrs Georgia Williams trading services

    • @georgejones9983
      @georgejones9983 Před 2 lety

      Wow, amazing to see others who trade with Mrs Georgia Williams.I'm currently on my 5th trade with her and my portfolio has grown tremendously

    • @norarayon3827
      @norarayon3827 Před 2 lety

      I invest with Mrs Williams too, she charges a 20% commission on profit made after every trading session and that's fair compared to the effort she puts in to make huge profit

    • @baileypeters7743
      @baileypeters7743 Před 2 lety

      As a first time investor I started trading with Mrs Georgia Williams with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her

  • @jeschild
    @jeschild Před 4 lety +50

    This is one of the very few best informative youtubes I have seen. Only wished I have watched this 10 years ago, and I would have retired very rich long ago.

    • @tatsumakisempyukaku
      @tatsumakisempyukaku Před 3 lety +3

      Don’t worry. Buy now or else in 10 years you’ll be saying the same.
      I just heard him saying that Bitcoin is going to be a million dollars on the flagrant 2 podcast with Andrew Schultz. As of that airing, Bitcoin was $60k. So, if it does go to a million, then that will be a 16.5x increase. That’s crazy if he’s rights. Hell, even if he’s half right.

    • @Kraken_88
      @Kraken_88 Před 2 lety

      @@tatsumakisempyukaku Straight up. I believe it's going multiple millions

    • @streetcrypto1218
      @streetcrypto1218 Před 2 lety

      Be lucky you’re watching it now and understand what he’s saying

  • @paulemily9752
    @paulemily9752 Před 2 lety +18

    INVESTING IN CRYPTO NOW IS VERY COOL EXPECIALLY WITH THE CURRENT RISE IN THE MARKET, ACT NOW.

    • @daniellisa3541
      @daniellisa3541 Před 2 lety

      That is true I've been trading for years and it has been my source of income,

    • @daniellisa3541
      @daniellisa3541 Před 2 lety

      I earned $89,400 on every 19,000 I invested with 7days trading,

    • @daniellisa3541
      @daniellisa3541 Před 2 lety

      Don't remain poor out of ignorance forex trading is lagit and it's pays

    • @daniellisa3541
      @daniellisa3541 Před 2 lety

      And I think the better day has finally come invest in forex trading and ragain your balance.

    • @justinpamela2193
      @justinpamela2193 Před 2 lety

      You are absolutely right

  • @oneminutefixed5003
    @oneminutefixed5003 Před 3 lety +21

    "bitcoin is currently at 11 thousand dollars" laughs in 2021

  • @brittanyjohnson2228
    @brittanyjohnson2228 Před 3 lety +32

    Hello, Can someone please educate me more on Forex trade , I've been loosing from it but I do see people earning and testifying from it but I don't actually know what I'm doing wrong,can someone please put me through?

    • @Yolanda45
      @Yolanda45 Před 3 lety

      All you need now is a professional broker else you gonna continue blowing of your account.

    • @mabellogan2376
      @mabellogan2376 Před 3 lety

      Mrs Margret trading services strategies is working for me at the moment and am making good profit from forex and crypto trading.

    • @davidailbert7229
      @davidailbert7229 Před 3 lety

      Same here it's four months now I started investing with them and it's been a good experience.

    • @richardwilson9502
      @richardwilson9502 Před 3 lety

      Honestly, this is where my question lies I have lost over $700 in trading. How can I be oriented or educated about forex trade .

    • @lucywilliam7919
      @lucywilliam7919 Před 3 lety

      My first investment with Mrs Margaret trading services gave me profit of over $24,000 Us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

  • @ninjaJeff06
    @ninjaJeff06 Před 4 lety +26

    I've gained so much valuable knowledge in the last 4 months watching your videos. I knew next to nothing about the economy and finance before COVID happened. So glad I found your channel at the right time.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +3

      Awesome to hear! Happy to help and thanks for being self-motivated enough to learn :)

    • @Frank-Y
      @Frank-Y Před 4 lety +1

      Nice to hear that. Bought some bitcoin yet?

    • @ninjaJeff06
      @ninjaJeff06 Před 4 lety

      @@Frank-Y yup! 👍

    • @Frank-Y
      @Frank-Y Před 4 lety

      ninjaJeff06 Nice. 👍

  • @brianfox830
    @brianfox830 Před 4 lety +70

    Anthony, I've watched pretty much every video you've ever done... This is your best, by far

    • @nubianra6965
      @nubianra6965 Před 4 lety +4

      You can make up by subscribing to his news letter like I did.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +27

      Glad you enjoyed this one and found it valuable! Trying to produce as much content as I can for everyone :)

    • @santyclose
      @santyclose Před 4 lety +5

      Keep up the good work.

    • @brianfox830
      @brianfox830 Před 4 lety

      @@nubianra6965 Been a sub to the newsletter for quite some time...

    • @yuser5821
      @yuser5821 Před 4 lety

      I pity you

  • @ikelenafly
    @ikelenafly Před 3 lety +42

    joe budden podcast brought me here

  • @thejoshgonzales100
    @thejoshgonzales100 Před 3 lety +6

    Printing money making the dollar devalue hurts the bottom 50% just blew my mind!!! This makes total sense.

  • @Siphomudau1990
    @Siphomudau1990 Před 3 lety +2

    Best explanation of the Blockchain and Bitcoin I've heard. Thank you!

  • @nubianra6965
    @nubianra6965 Před 4 lety +3

    Anthony this was another great Podcast. This video right here should Should be the standard introduction for every high schoolers and college student who knows nothing about BTC.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      That is very king of you! Thanks for watching today and glad you found it informative

  • @solvingtheraceproblem9253
    @solvingtheraceproblem9253 Před 3 lety +14

    This is by far the most important video on CZcams

    • @lenocka1100
      @lenocka1100 Před 3 lety +1

      Great video!
      Thank you Anthony!
      I wish I found this sooner!
      But Not going to stress about it!
      I am grateful

  • @maddiemover5894
    @maddiemover5894 Před 4 lety +4

    As someone that is relatively new to this whole digital currency thing, this was explained really well. Will probably have to watch again to let it all sink in though.

  • @mortenbitsch4955
    @mortenbitsch4955 Před 4 lety +3

    This is a really good introduction to bitcoin, explained in easy to understand terms and examples. Actually it would work even better as educational material if it was visualized also in a small cartoon (RSA Animate like) that boosts the ability to obtain a better overview. Anyone who knows how we could get to that? Respect to you Pomp! Well done.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety

      Happy to pay someone to create the visual if they would like. Just DM me on Twitter. THanks!

  • @TalesFromTheBooth
    @TalesFromTheBooth Před 4 lety +52

    I can’t recall anyone other than Antonopoulous providing this much digestible detail on Bitcoin 💯

    • @maggielee5199
      @maggielee5199 Před 4 lety +2

      I work in BTC and have the responsibility of training people with no BTC experience, to learn everything about BTC in a short amount of time. I love Antonopoulous's seminar. I will also use this video going forward as well. :-)

    • @israelraymond3477
      @israelraymond3477 Před 4 lety

      I'm a bitcoin consultant I mine for investors......
      Are you interested in earning money weekly on bitcoin mining and forex trading
      Here is my whatsapp number
      DM for more info
      +1 (224) 352-6922

    • @annhookman1920
      @annhookman1920 Před 4 lety

      I have been directing people on how to be millionaires through Trading Binary Options with the right manager. I'm seeing people putting much money in Trading and cannot withdraw money or make good profit. Today, have been made provision & support to guide anybody without investing much money and getting double of any amount of money you invest.contact her now so he can guide you through to earn successfully
      facebook.com/ken.miller.544

    • @clararayson5707
      @clararayson5707 Před 4 lety

      Without the help of Mr Williams of financial education, I would have still be in abject poverty struggling with life, that's the best testimony so far after years of great loss here on CZcams I do thank him and i'm grateful.........I recommend him for those out there who are confused about trading Bitcoin.
      Mr William (Professional stockbroker)
      Contact him via email
      Williamtradingservice@gmail or Whatsapp Via. 👇👇
      +1(770),2,8,4,1,5,7,1...

    • @Wunderli_Injury_Law
      @Wunderli_Injury_Law Před 4 lety +1

      Agreed and Pomp is much easier on the ears

  • @theodorehoff1
    @theodorehoff1 Před 4 lety +16

    Brother your a legend i have shared this video with 30 people. Thanks for the education.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +6

      Wow! Thanks so much for sharing it with people, Theodore! Appreciate you taking the time to watch it :)

    • @theodorehoff1
      @theodorehoff1 Před 4 lety

      @@AnthonyPompliano Not a problem brother. I appreciate the hard work your putting in and I want to make sure people can take advantage of the potential opportunities. Wish you and the family well take care. PEACE!

    • @clearvibrations8006
      @clearvibrations8006 Před 3 lety +1

      @@theodorehoff1 I appreciate your comments... I am trying to find a trust worthy broker.... can you suggest anyone...? 🙏

    • @tomnash7202
      @tomnash7202 Před 3 lety +1

      Thank you for your comment and view, trust me I don't take them for granted. I recommend you Mr Theodore to start making millions in ..🅱️..T..C=

    • @tomnash7202
      @tomnash7202 Před 3 lety

      @@theodorehoff1 Thank you for your comment and view, trust me I don't take them for granted. I recommend you Mr Theodore start making millions in ..🅱️..T..C=

  • @petrolo72
    @petrolo72 Před 4 lety +10

    Anthony has a gift of teaching and is able to communicate complex ideas in layman‘s terms. I have shared this video with five people that I know already. 👍🏼

  • @nestorperez5905
    @nestorperez5905 Před 4 lety +10

    Me personally I don’t believe in fiat money, so I go 90% bitcoin and 10% Dollar. Good video Pomp

    • @johnjohnson1997
      @johnjohnson1997 Před 4 lety +1

      Same here. I'm way off balance. But it's okay. Sky or bust. Nothing in the market has this potential.

    • @nestorperez5905
      @nestorperez5905 Před 4 lety

      John Johnson Exactly!!

    • @RainBitcoins
      @RainBitcoins Před 4 lety +1

      @@annhookman1920 your a scammer... People do not contact this person

  • @elmar3329
    @elmar3329 Před 4 lety +4

    Been driving around and listening to this video because I didn’t want anyone to interrupt me. Great video Pomp. Thanks for sharing

    • @annhookman1920
      @annhookman1920 Před 4 lety

      I have been directing people on how to be millionaires through Trading Binary Options with the right manager. I'm seeing people putting much money in Trading and cannot withdraw money or make good profit. Today, have been made provision & support to guide anybody without investing much money and getting double of any amount of money you invest.contact her now so he can guide you through to earn successfully
      facebook.com/ken.miller.544

    • @RainBitcoins
      @RainBitcoins Před 4 lety

      @@annhookman1920 your a scammer.... People do not contact this person

  • @haroldgaleano6728
    @haroldgaleano6728 Před 3 lety

    Bro you are so clear in your explanations. I personally left silver, gold and fiat currency and went all in BTC.....Cheers

  • @renearellano6978
    @renearellano6978 Před 4 lety +21

    Best explanation of bitcoin in very simple terms, love this guy.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      Glad you found this valuable, Rene! Thanks for watching this one :)

    • @viannawells2100
      @viannawells2100 Před 3 lety

      I think the secret behind crypto is buying at a lesser very low rate and selling at a higher good rate

    • @vinasheas3024
      @vinasheas3024 Před 3 lety

      I will recommend Clifford services for you their strategies is working for me at the moment and making good profit from bitcoin

    • @Aliyasilva
      @Aliyasilva Před 3 lety

      Clifford Pearce??

    • @Aliyasilva
      @Aliyasilva Před 3 lety

      Clifford Pearce??

  • @PrenticeJohnson
    @PrenticeJohnson Před 3 lety

    Anthony,
    I have taken; Micro Economics, Macro Economics, General, Financial and Managerial Accounting, and Finance. Still, I didn't receive, read, or comprehend this, the most important information about the economy. The differences between gold, coin, fiat... and inflation are so important for any business person, I don't know how to return this type of knowledge. It's valuable. I THINK YOU!

  • @ghadafihussein
    @ghadafihussein Před 4 lety +90

    This video should be aired in the schools and colleges lecture halls.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +4

      Thanks for the kind words, Abdi :) Thanks for watching today!

    • @Skiptondesigns
      @Skiptondesigns Před 4 lety +1

      In schools especially.
      Wish Pomp was my commerce teacher when I was at school...I might have got into it more.

    • @santyclose
      @santyclose Před 4 lety

      Yes I’m going to spread his word and his chat with bill and Bert as a great teaching aid.

    • @XRPArmyNewsCommunityChannel
      @XRPArmyNewsCommunityChannel Před 4 lety +2

      What about the transaction times.....the transaction costs.....the energy use.....the fact most is mined in China....I own BTC but it has SERIOUS issues this guy will not address or accept.

    • @danielgunslinger3473
      @danielgunslinger3473 Před 4 lety +2

      poor little plebs thinking the revolution is here and yall gonna get lambos. loooool rekt soon newbs

  • @slapstick_2306
    @slapstick_2306 Před 11 měsíci

    The way anthony explains things is always super easy to follow and without unnecessary information.Super nice ❤

  • @nwt.gen5207
    @nwt.gen5207 Před 4 lety +10

    that "Money is a belief system" blows my mind

    • @historion
      @historion Před 4 lety

      Read 'Sapiens" written by Yuval Noah Harari.
      It talks about that and some other human-made beliefs.

    • @Nonduality
      @Nonduality Před 3 lety +1

      Even who you think you are as a person is based on a belief system. The world we live in is an illusion and we all play the game that it is real. Watch the movie The Matrix for how that works.

    • @nwt.gen5207
      @nwt.gen5207 Před 3 lety

      @@Nonduality Exactly. That's why the regulars need reassurance in doing things, because they do things based on beliefs.
      BUY CRYPTOCURRENCIESSS :D

  • @vino.5319
    @vino.5319 Před 4 lety +2

    One of the best and simplest BTC explanation. Thanks

  • @rickeymedlock434
    @rickeymedlock434 Před 4 lety +11

    I love how Pomp makes everything so easy to digest. I’m 21 years old and I’ve always been interested in economics and investing. It’s so nice to have someone that can level with me and teach me things that are so daunting as a beginner. Bang bang!

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      Glad you found this informative and easy to understand, Rickey! Appreciate the kind words and thanks for watching this one!

    • @fraserbrown479
      @fraserbrown479 Před 4 lety +3

      OH MY GOD i soooo wish i was a tender 21 years of age and listening to Pomp, mate you are in such good hands and very very lucky..... We have lived a world of being dumbed down by the system we now have a chance to break free and your 21? Take it on mate!

    • @israelraymond3477
      @israelraymond3477 Před 4 lety

      I'm a bitcoin consultant I mine for investors......
      Are you interested in earning money weekly on bitcoin mining and forex trading
      Here is my whatsapp number
      DM for more info
      +1 (224) 352-6922

    • @RainBitcoins
      @RainBitcoins Před 4 lety

      @@israelraymond3477 your a scammer... People do not contact this person

  • @dustinmoran8219
    @dustinmoran8219 Před 4 lety +1

    The best simple explanation of bitcoin! Someone needs to to do a split screen or voice over of a visual explanation. This is good for us(the common folk)!

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      Thanks for the suggestion, Dustin! Appreciate you watching today

  • @PingMendoza
    @PingMendoza Před 4 lety +77

    Someone should turn this into one of those illustration videos to expand the appeal to visual people. Such a masterpiece.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +13

      I have no clue who can do that, but I'd be happy to pay someone to do it if you do! Just DM me on Twitter :)

    • @zackherer
      @zackherer Před 4 lety +8

      @@AnthonyPompliano I second this idea, make it little bit more mainstream friendly and it will reach millions of people. Some of the best explanations I've ever heard since 2013. Love the analogy with monopoly and many others. Great video Anthony!!!

    • @Skiptondesigns
      @Skiptondesigns Před 4 lety +2

      Why?
      Just listen and learn.
      Take notes...be productive..stop having others do all the work for you.

    • @Skiptondesigns
      @Skiptondesigns Před 4 lety

      @@zackherer Mainstream is boring.

    • @PingMendoza
      @PingMendoza Před 4 lety +3

      Skip- Ad but mainstream is how BTC goes full on 🚀🚀🚀🌚🌚🌚

  • @awolgeordie9926
    @awolgeordie9926 Před 4 lety +12

    A pleasure listening to this enthusiasm and passion. Can Pomp cause a pump? Stack SATS and chill.

  • @youngmillionaire4188
    @youngmillionaire4188 Před 4 lety +69

    Very helpful information you have coupled up in your video
    Already subscribed to your channel.. most People will misunderstand what you highlighted in your video and equally the advantage they have to learn about cryptocurrency at this early stage
    I count myself lucky to know cryptocurrency at this era and also witness the transformation blockchain is bringing to the world economy and with that effect,if you are not holding as many bitcoin as possible you are simply missing up the long run
    I have been an investor since 2017

    • @henriettajames7102
      @henriettajames7102 Před 4 lety

      Crypto currency is bringing a different revolution in the world economy
      People who are optimistic will invest in cryptocurrency...... other will just watch X

    • @jessicaallen9861
      @jessicaallen9861 Před 4 lety

      Crypto market is profiting

    • @jessicaallen9861
      @jessicaallen9861 Před 4 lety

      Trading right now should be at the top of every wise individual’s list

    • @alphaelizabeth1560
      @alphaelizabeth1560 Před 4 lety

      I have watched a lot of videos on bitcoin and this is the most helpful video I have come across thanks

    • @vicdibitetto7926
      @vicdibitetto7926 Před 4 lety

      Okay now explain it to me as if I were a 5 year old

  • @breakingthroughshellfitnes9984

    You are my favorite CZcams when it comes to crypto. You are a plethora of knowledgeable

  • @chefandrejus8809
    @chefandrejus8809 Před 4 lety +11

    Your last video with Peter Shiff was epic! Some good deep thoughts from both of you. And clearly Peter has been around in finance for a while, so he makes a strong case for Gold. Overall I'm a believer in technology, I see how millenials take it for granted digital assets and the whole internet eco system.
    Keep the great content rolling brother!

  • @hammo974
    @hammo974 Před 4 lety +2

    Im korean. My first time that i wAtched your full time video. Amazing quality of talking!
    N technology is so amazing that youtube typed your whole sentence on screen 👏👏👍👍

  • @gordosaurusrex883
    @gordosaurusrex883 Před 3 lety +7

    This aged like a fine wine 🍷

  • @jamesgeorge65
    @jamesgeorge65 Před 4 lety +2

    Everyone who is curious about bitcoin, fiat currency and the financial system needs to watch this.

  • @dannobanano
    @dannobanano Před 4 lety +3

    Awesome vid Pomp! This will be the perfect educational tool for my family who are excited about crypto but have limited understanding. Thank you!! Got to get our Lunch Money right!! 😉

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      Thanks, Dan! Appreciate you watching this one too :) Hopefully the family and friends walk away with a better understanding

  • @kfletcher2005
    @kfletcher2005 Před 3 lety +1

    What happens when there is no longer a financial incentive to run the bitcoin mining software? Let's say in 100 years when the new supply can no longer be mined what happens to all the holders of bitcoin at that point? How does one perform bitcoin transactions when there are no mining participants? Will there be some sort of layer 2 solution built on top of bitcoin to perform these transactions?

  • @saladinallah5299
    @saladinallah5299 Před 3 lety +3

    I still use this to educate folks, Pomp💪🏽

  • @Hugh213
    @Hugh213 Před 4 lety +2

    Bravo! Bravo! Bravo! Great video as an intro to Bitcoin. Thanks Pomp! On second thought...this vid is great for reviewing from time to time. I’ve been in crypto-currency for past seven years and this still enhanced my understanding of Bitcoin.

  • @sommi888
    @sommi888 Před 4 lety +6

    🧡💛💚💙 Still 96% of my net worth invested in Cryptos. Started with 0.5% , added as time went on.
    Taking profit in BTC @ $150k-300k
    Taking profit in ETH @ $9,200 to $20k
    Will buy back in next bear market for the next Halvening again
    *lets rock n roll baby*
    🧡💛💚💙

  • @Hugh213
    @Hugh213 Před 3 lety +1

    One of the best explanations of all times!!! I view it from time to time as a reminder and reinforcement of the future of money. Thanks Pomp...you are making a difference.

  • @ARMENAMERIKANE
    @ARMENAMERIKANE Před 4 lety +9

    Pomp thx for Great refresher now I can now better explain it to my boomer dad and his guys.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety

      You got it! Hopefully they eventually come around :) Thanks for watching!

    • @israelraymond3477
      @israelraymond3477 Před 4 lety

      I'm a bitcoin consultant I mine for investors......
      Are you interested in earning money weekly on bitcoin mining and forex trading
      Here is my whatsapp number
      DM for more info
      +1 (224) 352-6922

  • @goualard100
    @goualard100 Před 4 lety +2

    Quick question for you Pomp :) You are saying that in the 'Bitcoin world', the Saver is winning. Don't you think it is a risk for economic growth and development? I mean people will have much less incentive to invest in stocks and companies, no? What do you think?
    Thanks

    • @teatowel11
      @teatowel11 Před 4 lety

      I think long term we need a currency that is sensitive to productivity. So if productivity increases, the supply of money increases proportionally.
      Interest rates should also be sensitive to productivity.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      The world used to be based on gold, so it would be a return to a less consumption driven economy. Many would argue that is a more sustainable system

    • @ouwedooz9928
      @ouwedooz9928 Před 4 lety

      @@AnthonyPompliano Well the rate of how we consume stuff right now is killing us all, not joking...😆

  • @polish2x91
    @polish2x91 Před 4 lety +5

    actually fiat means by decree of authority, in other words the government

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +3

      Interesting. Didn't know that. Thanks for watching and sharing that piece of information!

  • @patrickpk460
    @patrickpk460 Před 3 lety

    One of, if not THE Best and to the point explanations of Bitcoin I have heard 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @WendyNicholls
    @WendyNicholls Před 4 lety +3

    Pomp you are amazing this was a perfect simplistic explanation of Bitcoin! I'm going to share this with everyone I know.... The Pomp Letter was fire 🔥🔥🔥 today!

  • @dirtbrainrecordings
    @dirtbrainrecordings Před 3 lety

    22:37 was the stand out moment for me.

  • @nancyketola6583
    @nancyketola6583 Před 4 lety +3

    Thank you Anthony. Loved your explanation. Shared it with friends and family :)

  • @politicallee9834
    @politicallee9834 Před 3 lety

    One take Pomp; intelligent, articulate, hydrated.

  • @SingularityAGI
    @SingularityAGI Před 4 lety +24

    I like Pomp's solo episodes more than with guests.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +7

      That is very kind of you! Just trying my best to share all the information I have!

    • @tebanjose6928
      @tebanjose6928 Před 4 lety

      @@AnthonyPompliano New subscriber. Peter Schiff subscirber since 2011 you made your case very well for bitcoin. Why not have both gold and bitcoin. People with bitcoin should buy a little bit of AU/Au and gold people should just buy a little of Bitcoin.

  • @elmopablo
    @elmopablo Před 4 lety +1

    Well done for making the effort that people are made aware of what is going on. Your enthusiasm Pomp is explosive. For one, I appreciate all your effort.🙏👍🇬🇧

  • @washingtonhenry6497
    @washingtonhenry6497 Před 2 lety +26

    Early planning is the best way to build a strong foundation for greatness.. Irecommend Bitcoin/ Forex trade coz it's the easiest online investment that has plenty opportunities to earn a decent payouts and the right skills to proper understanding of how the market runs.

    • @eloylucia1747
      @eloylucia1747 Před 2 lety

      I believe the best online trade one can think off right now is to invest in Bitcoin trade, though stocks are good but ever since I swapped to Bitcion/ Forex trade l've seen so much difference 🥰

    • @nelsongonzalez2812
      @nelsongonzalez2812 Před 2 lety

      If only they know what the future holds, they will know that indeed Bitcoin is the future. Investing in it now will be the wisest decision💯

    • @Barbarakaren7418
      @Barbarakaren7418 Před 2 lety

      Seriously! if there is one thing I have learnt in recent months is to remain very active in the system especially when it comes to Bitcoin investment and funding my trading account with an Expert Broker ❤️

    • @donaldfrederick1924
      @donaldfrederick1924 Před 2 lety

      @@Barbarakaren7418 Yes you are right! Bitcoin trade is the best investment anyone can ever imagine and the profit is huge, I believe this is the best time to invest in it based on the current market status.

    • @donaldfrederick1924
      @donaldfrederick1924 Před 2 lety

      Investing in Bitcoin with an expert broker is the best idea especially as a beginner who knows little of how Bitcoin really works..I have been making alot of profit through Bitcoin trading which has been the main source of my income.❤️.

  • @ed6012
    @ed6012 Před 4 lety +1

    The BTC subsidy is not divided (approx every 10mins) among all miners as you mentioned, but 'given' to the miner who mined/found the next block and can create the next candidate block

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety

      Yes, I tried to keep this as general and basic as possible. Your description is correct but I think that is a nuance that only confuses people in the beginning :) Thanks for watching, Ed!

  • @richierichBTC
    @richierichBTC Před 4 lety +5

    1:01:50 Gold has a marketcap of about 9Trillion and going up :-) BTC will go even higher.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +2

      Ah! I couldn't remember the exact number but I knew it was in that range for sure :)

  • @mithra2396
    @mithra2396 Před 3 lety

    One of the best introductory videos on Bitcoin. Can you please remove the ads from the videos. Thanks.

    • @eddiemartinez9492
      @eddiemartinez9492 Před rokem

      That's how he gets paid for sharing valuable info. Pay for a premium subscription and you don't get the commercials

  • @belladaniel5688
    @belladaniel5688 Před 3 lety +74

    Cryptocurrency investments is not magic. you're not going to be a million richer overnight, but it's a good background to raise your finances at a steady growth.
    You need a proper understanding on it's step by a superb broker to trade for you, Ms Gabriella West can help you too.

    • @catalano4735
      @catalano4735 Před 3 lety

      It's really amazing to see someone else who has been in touch with Ms Gabriella West. She coached me on how to invest safely in cryptocurrency. I started in bitcoin mid November 2019 with the help of a well-known professional broker, Ms Gabriella West and the profits entirely funded my recent duplex

    • @williamscole7025
      @williamscole7025 Před 3 lety

      Most people don't put in pre-work required for profitable trading results and that draws attention to the huge looses of investors.

    • @joelsanchez4611
      @joelsanchez4611 Před 3 lety

      True, most time you need to recognize the existence of a speculative factor and that is the duty of an expert to guide you on the right profitable stock to buy or invest in.

    • @benkent4657
      @benkent4657 Před 3 lety

      Who is Ms Gabriella West?

    • @AhmedKhan-bk6wv
      @AhmedKhan-bk6wv Před 3 lety

      Her strategies are very productive and profitable, she handles my trade while I learn. You can contact her if you're in need of assistance, tell her an investor referred you to her and she will be glad to work with you

  • @ed9405
    @ed9405 Před 4 lety +1

    Lunch money was funny today. When Polina said that you were gonna play chess but then u did a live sesh w Peter Schiff. You realize how big of a deal it is to casually do a live sesh w someone like that? Crushing it. Also, this video was very informative. I sent it to all the older people in my family. We gotta get them onboard to expedite BTC’s takeover.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      Glad you found it valuable! Thanks for watching today :) Glad you are enjoying Lunch Money too!

  • @LoveVibez
    @LoveVibez Před 4 lety +4

    Really appreciate this message. It's this kind of concise information on Bitcoin, some fundamentals on fiat and our money system, and how to better prepare oneself financially that really can help out a lot of people. I'll be sharing this with friends and family that are on the fence or just straight uninformed on what's really going on. I'm well read, but you lay it out in a very absorbable and succinct way. Cheers from Colorado!

  • @MasekFilip
    @MasekFilip Před 4 lety +1

    this video alone could trigger a bull run...great work, hope people who thing btc is some funny internet money see this

  • @israelthegod
    @israelthegod Před 4 lety +17

    The energy in the room is different 😂 let's go

  • @rawnsleyquilapio9688
    @rawnsleyquilapio9688 Před 4 lety +1

    Thank you for educating the masses Pomp. You beautifully summarized Blockchain /BTC in one video. I will send my friends/family to this video when asked what blockchain/BTC is. This is a #Revolution #BTC

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety

      Great to hear and I appreciate you taking the time out of your day to watch this one :)

  • @kresprowland7297
    @kresprowland7297 Před 4 lety +5

    Anthony, I was loving your monopoly comparison! When it came time to discuss the halving... You said every 4 years. Many people say this. But it's really every 210,000 blocks. And I was thinking that you had things set up so perfectly... that you were going to explain that every 210,000 pieces of paper they would halve the reward. Also, you were saying that the reward is divided among all the miners. I realize you were keeping things general so I'm going to let that slide but you do realize that only ONE miner receives that reward each time it is given out every 10 minutes. It is the miner that solves the hash for linking the next block to the chain. Anyway, just wanted to call you out on the "every 4 years" statement and point out that you had the paper slips example all set up. lol. Kresp.

    • @jmanjr
      @jmanjr Před 4 lety

      Kresp Rowland the audience who this video is geared towards is honestly gonna not understand the blocks. It’s perfectly fine he said 4 years and he also stated clearly at the beginning this was going to be a low level beginner like explaining

    • @kresprowland7297
      @kresprowland7297 Před 4 lety +1

      @@jmanjr Fair enough.

  • @zackherer
    @zackherer Před 4 lety +2

    Even tho I know about bitcoin from 2013, I'm now watching this video for the second time, just so I can memorize all of the information when someone asks me what is bitcoin and how it works. Well done sir!

  • @BatmanBoss
    @BatmanBoss Před 4 lety +7

    Gold and Silver moonshots as we speak! Bitcoin booming too! Hard money for the win!

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +3

      Yup, they all benefit from the same macro forces. Makes a lot of sense!

    • @BatmanBoss
      @BatmanBoss Před 4 lety +1

      Anthony Pompliano I was watching you and Peter live last night and I was thinking you and him are like the two best players on a winning team arguing about who had the better game lol you both won!! Same team guys! It was entertaining

  • @diekiesmit1665
    @diekiesmit1665 Před 4 lety +2

    Most valuable and explainable video about Bitcoin I have ever seen. Thank you!!!!

  • @ghadafihussein
    @ghadafihussein Před 4 lety +10

    Bitcoin is the native currency of the internet.

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +5

      I think that is a great way to look at it, Abdi!

    • @petermeier6778
      @petermeier6778 Před 4 lety

      just like you are the native Indian in the camp Abdi

    • @israelraymond3477
      @israelraymond3477 Před 4 lety

      I'm a bitcoin consultant I mine for investors......
      Are you interested in earning money weekly on bitcoin mining and forex trading
      Here is my whatsapp number
      DM for more info
      +1 (224) 352-6922

    • @RainBitcoins
      @RainBitcoins Před 4 lety

      @@israelraymond3477 your a scammer... People do not contact this person

  • @mahmoudbaydoun8230
    @mahmoudbaydoun8230 Před 3 lety

    For God's sake remove all these ads, this is the most important video on the internet!!!!!

  • @HappyWolverine
    @HappyWolverine Před 4 lety +3

    Bitcoin is going bang bang, baby!

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      :) Thanks for watching today, Zao. Hope you enjoyed this one!

    • @HappyWolverine
      @HappyWolverine Před 4 lety

      @@AnthonyPompliano I enjoy them all my friend

  • @deloachrd
    @deloachrd Před 4 lety

    I definitely learned a lot. I decided to subscribe to the pompletter to support him. I been watching some of the videos on youtube the last 2 months. Anthony been popping up in my feeds since I started investing in crypto back in April. Some good solid content and I feel like I am in school learning again. I have business economics degree and seeing what the central banks have been doing is insane. I remember when I graduated college a long time ago my Economic Professor said buy Vanguard Index fund monthly, buy gold and silver. Today I tell my kids buy Silver, Bitcoin / Solid Altcoins, cheap housing (rental properties). I will do everything I can to teach my kids about how money works and how it is created. My kids will be much better setup for there future then I ever was. It's too complicated for me to do like day trading with cryptos, so I am just doing the dollar cost average strategy. It's boring approach but it is what it is.

  • @steve410
    @steve410 Před 4 lety +2

    Pomp amd peter schiff are my fav people on YT

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +2

      Peter absolutely nails the macro economic issues for sure! Thanks for watching today

  • @linkamus
    @linkamus Před 4 lety +42

    Word of warning, if you go 1% bitcoin, you might end up being 50% bitcoin without even doing anything in a few years.

    • @Thanos-mh6vu
      @Thanos-mh6vu Před 4 lety +7

      Conversely, if you go 50% bitcoin, you might end up being 1% bitcoin in a few months without doing anything

    • @kresprowland7297
      @kresprowland7297 Před 4 lety

      This is so true!!! As the dollar falls and bitcoin rises.

    • @johnnyapplesmith
      @johnnyapplesmith Před 4 lety +2

      No, 1% will always be 1%.

    • @clararayson5707
      @clararayson5707 Před 4 lety

      Without the help of Mr Williams of financial education, I would have still be in abject poverty struggling with life, that's the best testimony so far after years of great loss here on CZcams I do thank him and i'm grateful.........I recommend him for those out there who are confused about trading Bitcoin.
      Mr William (Professional stockbroker)
      Contact him via email
      Williamtradingservice@gmail or Whatsapp Via. 👇👇
      +1(770),2,8,4,1,5,7,1...

    • @RainBitcoins
      @RainBitcoins Před 4 lety

      @@clararayson5707 your a scammer... People do not contact this person

  • @felixn9962
    @felixn9962 Před 4 lety

    The best explanation about bitcoin I’ve ever seen. Clear, simple but with all the details!

    • @annhookman1920
      @annhookman1920 Před 4 lety

      I have been directing people on how to be millionaires through Trading Binary Options with the right manager. I'm seeing people putting much money in Trading and cannot withdraw money or make good profit. Today, have been made provision & support to guide anybody without investing much money and getting double of any amount of money you invest.contact her now so he can guide you through to earn successfully
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    • @RainBitcoins
      @RainBitcoins Před 4 lety

      @@annhookman1920 your a scammer... Do not contact this person

  • @missbreckenfeld
    @missbreckenfeld Před 4 lety +6

    Hard money!

  • @ridefastjumphigh420
    @ridefastjumphigh420 Před 3 lety

    I've listened to this video about 5 times now as it comes up on autoplay bases on my viewing history. However, youtube likes to interrupt the video about 7 to 10 times to show me ads ranging from 5 seconds to 59 minutes long. I wish they would reduce the amount and restrict the length of ads, it wrecks the experience of listening to the show.

  • @davidbjoern
    @davidbjoern Před 4 lety +3

    All the ads makes this a pain to watch 😬 I don’t mind ads, but one every other minute is simply too much.

  • @gabev6172
    @gabev6172 Před 3 lety

    Im in finance and I gotta say this video is one of the best explanations on simply put, how many works.

  • @Itzkennnny
    @Itzkennnny Před 3 lety +2

    How many BTC did Pomp earn with all those ads

  • @carmencruz7524
    @carmencruz7524 Před 3 lety +1

    I’m seriously trying to understand all of this, so I am sticking with you:) my goal this year is to become more financially educated and stable

    • @4Mikes4Mindset4
      @4Mikes4Mindset4 Před 3 lety

      that ☝️ message is a scam. And 👍 to your financial youtube education. I started last January. I'm a little smarter because of this calibur of teacher. Keep it ☝️

  • @palebluedotadventures2500

    Great job Pomp! Smashing that button!

  • @ekhwong
    @ekhwong Před 3 lety

    Every time I review the bitcoin basics, I'm still amazed that someone have the vision and the skill to invent this technology.

  • @gustavoanderson233
    @gustavoanderson233 Před 3 lety +6

    IQ options trading is something else , I started with Forex but currencies were so difficult to predict their movement and stuff so decided to trade binary options.i started trading on Olympus trade and lost heavily until I met Mr Nasser Mustafa, he helped me a great deal Thanks Alot

  • @TheAgTeam
    @TheAgTeam Před 4 lety +2

    Supremely concise and superbly informative. My utmost admiration Anthony. You are invaluable to the space in this hard fought quest seeking liberation and a decentralised monetary system

  • @michaelold6385
    @michaelold6385 Před 3 lety +7

    Indicators are designed to work for a reason. MR Nasser Mustafa will help you identify changes in Forex values and alert you to the potential for certain values to decline

  • @allegrasapp7043
    @allegrasapp7043 Před rokem +1

    This was sooo helpful! Thank you for the break down on explaining this!!!!

  • @darkoverllord
    @darkoverllord Před 4 lety +3

    WE NEED ANTHONY ON JOE ROGAN PODCAST TO SPEAK LIKE THIS ABOUT FINANCIAL POLICY. HE HAD PETER SCHIFF ON THERE

  • @floop2935
    @floop2935 Před 3 lety +1

    So much value here ! IAM ACTUALLY PROUD ANTHONY PUT SO MANY ADS!

  • @timkatselas6948
    @timkatselas6948 Před 4 lety +8

    $50,000 incoming

  • @teatowel11
    @teatowel11 Před 4 lety +1

    I've heard people call BTC monopoly money before but this is the first time I agreed with what they were saying 😆

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      lol! That is a great response. Appreciate you watching this one :)

  • @mvasquez3819
    @mvasquez3819 Před 4 lety +5

    BITCOIN IS BACK FINALLY!!

  • @marcinlira1663
    @marcinlira1663 Před 2 lety

    Ive been studying this all weekend, Monday comes around and Bitcoin has now increased by 7%

  • @ricardo_reis
    @ricardo_reis Před 4 lety +7

    Buy Bitcoin

  • @mmatheron
    @mmatheron Před 4 lety

    This was the most informative and therefore the most valuable vlog about Bitcoin I have ever watched. So thank you! I had already gathered a lot of bits and pieces, but this tied it all together comprehensibly, and then some! I believe there’s a 30% chance that Bitcoin will become widely adopted in my lifetime (I’m about twice your age).

  • @Diggn4me
    @Diggn4me Před 4 lety +5

    STACK THOSE SATS

    • @AnthonyPompliano
      @AnthonyPompliano  Před 4 lety +1

      ain't that the truth. just a way of life! thanks for watching today, Matt!

  • @jeremygarcia1142
    @jeremygarcia1142 Před 3 lety

    @anthony pompliano, this is an excellent, very thorough podcast! Thanks you so much!