Bitcoin University Youtube

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LjV1a3RKckxBVnk4 Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss how "The Cat" soft fork proposal proposes to deal with the problem of UTXO set bloat, which has been chiefly driven by inscriptions, BRC-20 tokens, and Stamps. Not investment advice! Consult a financial advisor. New Soft Fork Proposal Being Censored? https://www.youtube.com/watch?v=Q5bIIctm6ZY Good example of a junk post that was allowed on Bitcoin Dev Mailing List: https://groups.google.com/g/bitcoindev/c/cAqofdPRWLw/m/uvkGopcZAgAJ Exploding UTXO set: https://www.blockchain.com/explorer/charts/utxo-count Inscriptions spam: https://www.ord.io/?sort-by=trending https://www.ord.io/112377543 https://mempool.space/tx/c0faad11e18c0d4be18d6bc17855f9b4956df09a996370866e535a04248ac0ad "The Cat" soft fork proposal: https://x.com/ostrom72158/status/1997537240701112497 https://github.com/ostromcode/The-Cat/tree/main Claire documents inscriptions UTXO set bloat: https://x.com/ostrom72158/status/1997476891536793619 https://github.com/ostromcode/The-Cat/blob/main/charts/README.md Bitcoin Inscriptions vs Op Returns: https://www.youtube.com/watch?v=7b2SNpcKTSk Impact of Ordinals on node runners: https://www.bitmex.com/blog/ordinals-impact-on-node-runners "Rug the spammers": https://x.com/NickSzabo4/status/1985576561568072023 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #inscriptions #Cat Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
Bitcoin University 279K
Inscriptions, Stamps, and The Cat
Bitcoin University 15 hours ago
Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss how "The Cat" soft fork proposal proposes to deal with the problem of UTXO set bloat, which has been chiefly driven by inscriptions, BRC-20 tokens, and Stamps. Not investment advice! Consult a financial advisor. New Soft Fork Proposal Being Censored? https://www.youtube.com/watch?v=Q5bIIctm6ZY Good example of a junk post that was allowed on Bitcoin Dev Mailing List: https://groups.google.com/g/bitcoindev/c/cAqofdPRWLw/m/uvkGopcZAgAJ Exploding UTXO set: https://www.blockchain.com/explorer/charts/utxo-count Inscriptions spam: https://www.ord.io/?sort-by=trending https://www.ord.io/112377543 https://mempool.space/tx/c0faad11e18c0d4be18d6bc17855f9b4956df09a996370866e535a04248ac0ad "The Cat" soft fork proposal: https://x.com/ostrom72158/status/1997537240701112497 https://github.com/ostromcode/The-Cat/tree/main Claire documents inscriptions UTXO set bloat: https://x.com/ostrom72158/status/1997476891536793619 https://github.com/ostromcode/The-Cat/blob/main/charts/README.md Bitcoin Inscriptions vs Op Returns: https://www.youtube.com/watch?v=7b2SNpcKTSk Impact of Ordinals on node runners: https://www.bitmex.com/blog/ordinals-impact-on-node-runners "Rug the spammers": https://x.com/NickSzabo4/status/1985576561568072023 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #inscriptions #Cat Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Please help to support this channel's work:
https://www.youtube.com/@Bitcoin_University/join

In this video, I discuss how "The Cat" soft fork proposal proposes to deal with the problem of UTXO set bloat, which has been chiefly driven by inscriptions, BRC-20 tokens, and Stamps.

Not investment advice! Consult a financial advisor.

New Soft Fork Proposal Being Censored?
https://www.youtube.com/watch?v=Q5bIIctm6ZY

Good example of a junk post that was allowed on Bitcoin Dev Mailing List:
https://groups.google.com/g/bitcoindev/c/cAqofdPRWLw/m/uvkGopcZAgAJ

Exploding UTXO set:
https://www.blockchain.com/explorer/charts/utxo-count

Inscriptions spam:
https://www.ord.io/?sort-by=trending
https://www.ord.io/112377543
https://mempool.space/tx/c0faad11e18c0d4be18d6bc17855f9b4956df09a996370866e535a04248ac0ad

"The Cat" soft fork proposal:
https://x.com/ostrom72158/status/1997537240701112497
https://github.com/ostromcode/The-Cat/tree/main

Claire documents inscriptions UTXO set bloat:
https://x.com/ostrom72158/status/1997476891536793619
https://github.com/ostromcode/The-Cat/blob/main/charts/README.md

Bitcoin Inscriptions vs Op Returns:
https://www.youtube.com/watch?v=7b2SNpcKTSk

Impact of Ordinals on node runners:
https://www.bitmex.com/blog/ordinals-impact-on-node-runners

"Rug the spammers":
https://x.com/NickSzabo4/status/1985576561568072023

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#inscriptions
#Cat

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

694 141

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LjV1a3RKckxBVnk4

Inscriptions, Stamps, and The Cat

Bitcoin University 15 hours ago

Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss a new Bitcoin anti-spam soft fork proposal that is apparently being censored by Bitcoin Development Mailing List moderators. This soft fork proposal is called "The Cat" and proposes rendering non-monetary UTXOs permanently unspendable, thus choking off economic demand for Bitcoin spam. Not investment advice! Consult a financial advisor. Claire Ostrom: https://x.com/ostrom72158 Soft fork proposal: https://github.com/ostromcode/The-Cat https://github.com/ostromcode/The-Cat/blob/main/bip-the-cat.md Bitcoin Development Mailing List group: https://groups.google.com/g/bitcoindev Are these still the moderators of the ML? https://bitcoinmagazine.com/markets/bitcoin-developer-mailing-list-migrates-to-google-groups Rug the spammers: https://x.com/NickSzabo4/status/1985576561568072023 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #fork #spam Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Please help to support this channel's work:
https://www.youtube.com/@Bitcoin_University/join

In this video, I discuss a new Bitcoin anti-spam soft fork proposal that is apparently being censored by Bitcoin Development Mailing List moderators.

This soft fork proposal is called "The Cat" and proposes rendering non-monetary UTXOs permanently unspendable, thus choking off economic demand for Bitcoin spam.

Not investment advice! Consult a financial advisor.

Claire Ostrom:
https://x.com/ostrom72158

Soft fork proposal:
https://github.com/ostromcode/The-Cat
https://github.com/ostromcode/The-Cat/blob/main/bip-the-cat.md

Bitcoin Development Mailing List group:
https://groups.google.com/g/bitcoindev

Are these still the moderators of the ML?
https://bitcoinmagazine.com/markets/bitcoin-developer-mailing-list-migrates-to-google-groups

Rug the spammers:
https://x.com/NickSzabo4/status/1985576561568072023

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#fork
#spam

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

1.2K 246

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LlE1YklJY3RtNlpZ

New Soft Fork Proposal Being Censored?

Bitcoin University December 7, 2025 12:22 am

Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I revisit Satoshi Dice spam and ask why key Bitcoin Core devs have such a different view of spam today than they did back in 2012-2013-- to the extent of even denying that spam exists. I also discuss recent progress on the "Reduced Data Temporary Softfork," once known as BIP-444 and now known as BIP-110. Not investment advice! Consult a financial advisor. Watch this video first: https://www.youtube.com/watch?v=apup9vrQEaM Greg Maxwell writing spam filter: https://bitcointalk.org/index.php?topic=150405.0 Peter Todd contacting Voorhees: https://bitcointalk.org/index.php?topic=199947.0 https://x.com/chad_agn/status/1995927598141260175 Charlie Lee hated spam: https://x.com/BitcoinMotorist/status/1746044542254465160 Erik Voorhees became a big blocker and is now investing in Citrea: https://x.com/melvincarvalho/status/1996643106121486554 Matt Corallo threads: https://x.com/SatsAndSilver/status/1996635233400000958 https://x.com/14g23h34/status/1996620178747281695 Pieter Wuille's thread: https://bitcoin.stackexchange.com/questions/127895/implications-of-op-return-changes-in-upcoming-bitcoin-core-version-30-0/127903#127903 Will Bitcoin Spam Get Priced Out? https://www.youtube.com/watch?v=GNHXtVJ7Ivk "The demand for cheap highly-replicated perpetual storage is unbounded, and Bitcoin cannot and will not satisfy that demand for non-ecash (non-Bitcoin) usage": https://gnusha.org/pi/bitcoindev/CAAS2fgQyVs1fAEj+vqp8E2=FRnqsgs7VUKqALNBHNxRMDsHdVg@mail.gmail.com/ BIP-444 is now BIP-110: https://x.com/dathon_ohm/status/1996363788086661130 https://x.com/drstarheartsong/status/1996345779565605241 https://x.com/murchandamus/status/1996343310894645754 https://github.com/bitcoin/bips/pull/2017 https://x.com/dathon_ohm/status/1996374884713406515 https://x.com/dathon_ohm/status/1996262326610100733 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #Core #spam Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Please help to support this channel's work:
https://www.youtube.com/@Bitcoin_University/join

In this video, I revisit Satoshi Dice spam and ask why key Bitcoin Core devs have such a different view of spam today than they did back in 2012-2013-- to the extent of even denying that spam exists.

I also discuss recent progress on the "Reduced Data Temporary Softfork," once known as BIP-444 and now known as BIP-110.

Not investment advice! Consult a financial advisor.

Watch this video first:
https://www.youtube.com/watch?v=apup9vrQEaM

Greg Maxwell writing spam filter:
https://bitcointalk.org/index.php?topic=150405.0

Peter Todd contacting Voorhees:
https://bitcointalk.org/index.php?topic=199947.0
https://x.com/chad_agn/status/1995927598141260175

Charlie Lee hated spam:
https://x.com/BitcoinMotorist/status/1746044542254465160

Erik Voorhees became a big blocker and is now investing in Citrea:
https://x.com/melvincarvalho/status/1996643106121486554

Matt Corallo threads:
https://x.com/SatsAndSilver/status/1996635233400000958
https://x.com/14g23h34/status/1996620178747281695

Pieter Wuille's thread:
https://bitcoin.stackexchange.com/questions/127895/implications-of-op-return-changes-in-upcoming-bitcoin-core-version-30-0/127903#127903

Will Bitcoin Spam Get Priced Out?
https://www.youtube.com/watch?v=GNHXtVJ7Ivk

"The demand for cheap highly-replicated perpetual storage is unbounded,
and Bitcoin cannot and will not satisfy that demand for non-ecash
(non-Bitcoin) usage":
https://gnusha.org/pi/bitcoindev/CAAS2fgQyVs1fAEj+vqp8E2=FRnqsgs7VUKqALNBHNxRMDsHdVg@mail.gmail.com/

BIP-444 is now BIP-110:
https://x.com/dathon_ohm/status/1996363788086661130
https://x.com/drstarheartsong/status/1996345779565605241
https://x.com/murchandamus/status/1996343310894645754
https://github.com/bitcoin/bips/pull/2017
https://x.com/dathon_ohm/status/1996374884713406515
https://x.com/dathon_ohm/status/1996262326610100733

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Core
#spam

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

965 153

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LjFnNjJSYmV3NGk4

Bitcoin Core Devs Rewriting History

Bitcoin University December 5, 2025 2:55 pm

Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss Satoshi Dice, the Bitcoin gambling game that spammed the blockchain in the early days of Bitcoin. I compare Matt Corallo, Greg Maxwell, and Luke Dashjr's takes on spam in 2013, as compared to now. For some reason, Bitcoin Core devs like Matt and Greg have devolved into linguistic nihilism, and no longer know what Bitcoin spam is. We drove Vitalik away from Bitcoin with our hostility to spam. We drove Satoshi Dice away from Bitcoin with our hostility to spam. Now it's time to do the same with inscriptions and large op returns. Not investment advice! Consult a financial advisor. Satoshi Dice accounting for 50% of all Bitcoin transactions at the time: https://x.com/ErikVoorhees/status/226436118088933376 https://www.federalreserve.gov/econresdata/feds/2014/files/2014104pap.pdf#:~:text=,weeks%20of%20its%20inception%2C Satoshi Dice screenshots: https://web.archive.org/web/20120508030355/http://www.satoshidice.com/bits.php https://lh7-rt.googleusercontent.com/docsz/AD_4nXfT1cr2wqn1yUtkOc9HthO-1tttkML228QkP-GTRz4FIBKc5Qr-jV2tVSMMb3mTW7ESembExsMEsA72wk7JfAy0YFnaUnH62Yub6UBSVZAioNZwQpg3zwBZi_pCQbF8deyOzeBBVQ?key=W4Xnu8cU1IbUl2CiljmF_UEd Peter Todd and Isabel Foxen Duke's pearl clutching: https://x.com/isabelfoxenduke/status/1995508603667509469 https://www.linkedin.com/in/isabel-foxen-duke-87272423 Worst Bitcoin Miner In America? https://www.youtube.com/watch?v=imyhm-F1DTs Adam Back confirms that Luke's Eligius pool was filtering Satoshi Dice transactions: https://x.com/adam3us/status/1977409102444659186 Matt Corallo used to know what spam is: https://bitcointalk.org/index.php?topic=87444.0 Greg Maxwell's Satoshi Dice spam filter: https://bitcointalk.org/index.php?topic=150405.0 Peter Todd says there's nothing special about Bitcoin: https://x.com/peterktodd/status/1928800783983669364 Peter Todd supports breaking Bitcoin's 21 million coin cap and demurrage: https://www.youtube.com/watch?v=-Dy4DeVhk_g SatoshiDice Sold for $12.4 Million: https://bitcoinmagazine.com/markets/satoshidice-sold-12-4-million Erik Voorhees and Jameson Lopp invested in Citrea: https://x.com/citrea_xyz/status/1970881198839988403/photo/1 Luke has been consistent about Satoshi Dice: https://x.com/LukeDashjr/status/1984021330698940638 Satoshi Dice runs on B-cash today: https://satoshidice.com/ I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #SatoshiDice #spam Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Please help to support this channel's work:
https://www.youtube.com/@Bitcoin_University/join

In this video, I discuss Satoshi Dice, the Bitcoin gambling game that spammed the blockchain in the early days of Bitcoin.

I compare Matt Corallo, Greg Maxwell, and Luke Dashjr's takes on spam in 2013, as compared to now. For some reason, Bitcoin Core devs like Matt and Greg have devolved into linguistic nihilism, and no longer know what Bitcoin spam is.

We drove Vitalik away from Bitcoin with our hostility to spam.

We drove Satoshi Dice away from Bitcoin with our hostility to spam.

Now it's time to do the same with inscriptions and large op returns.

Not investment advice! Consult a financial advisor.

Satoshi Dice accounting for 50% of all Bitcoin transactions at the time:
https://x.com/ErikVoorhees/status/226436118088933376
https://www.federalreserve.gov/econresdata/feds/2014/files/2014104pap.pdf#:~:text=,weeks%20of%20its%20inception%2C

Satoshi Dice screenshots:
https://web.archive.org/web/20120508030355/http://www.satoshidice.com/bits.php
https://lh7-rt.googleusercontent.com/docsz/AD_4nXfT1cr2wqn1yUtkOc9HthO-1tttkML228QkP-GTRz4FIBKc5Qr-jV2tVSMMb3mTW7ESembExsMEsA72wk7JfAy0YFnaUnH62Yub6UBSVZAioNZwQpg3zwBZi_pCQbF8deyOzeBBVQ?key=W4Xnu8cU1IbUl2CiljmF_UEd

Peter Todd and Isabel Foxen Duke's pearl clutching:
https://x.com/isabelfoxenduke/status/1995508603667509469
https://www.linkedin.com/in/isabel-foxen-duke-87272423

Worst Bitcoin Miner In America?
https://www.youtube.com/watch?v=imyhm-F1DTs

Adam Back confirms that Luke's Eligius pool was filtering Satoshi Dice transactions:
https://x.com/adam3us/status/1977409102444659186

Matt Corallo used to know what spam is:
https://bitcointalk.org/index.php?topic=87444.0

Greg Maxwell's Satoshi Dice spam filter:
https://bitcointalk.org/index.php?topic=150405.0

Peter Todd says there's nothing special about Bitcoin:
https://x.com/peterktodd/status/1928800783983669364

Peter Todd supports breaking Bitcoin's 21 million coin cap and demurrage:
https://www.youtube.com/watch?v=-Dy4DeVhk_g

SatoshiDice Sold for $12.4 Million:
https://bitcoinmagazine.com/markets/satoshidice-sold-12-4-million

Erik Voorhees and Jameson Lopp invested in Citrea:
https://x.com/citrea_xyz/status/1970881198839988403/photo/1

Luke has been consistent about Satoshi Dice:
https://x.com/LukeDashjr/status/1984021330698940638

Satoshi Dice runs on B-cash today:
https://satoshidice.com/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#SatoshiDice
#spam

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

882 171

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LmFwdXA5dnJRRWFN

The Secret History of Satoshi Dice

Bitcoin University December 4, 2025 3:23 pm

Join Bitcoin University Premium: https://www.bitcoinuniversity.com/join In this video, I discuss whether Bitcoin Core maintainers are more like janitors, or public servants. I conclude that in reality, they are more like entrenched bureaucrats, or highly paid technocrats who think they know what's best for other Bitcoiners. Not investment advice! Consult a financial advisor. List of Bitcoin Core maintainers: https://x.com/murchandamus/status/1961467875014877416 Murch on Bitcoin Core maintainers as janitors or public servants: https://www.youtube.com/live/3BFgoQawG7Q?t=7535s Bitcoin Knots node count continues to rise: https://coin.dance/nodes/knots The Role of Bitcoin Core Maintainers & the Path Forward: https://www.youtube.com/watch?v=mdnkZunIphA&t=1342s This Bitcoin Core maintainer seems quite tolerant of spam: https://x.com/leo_haf/status/1973009736447734030 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #Core #spam Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com/join

In this video, I discuss whether Bitcoin Core maintainers are more like janitors, or public servants.

I conclude that in reality, they are more like entrenched bureaucrats, or highly paid technocrats who think they know what's best for other Bitcoiners.

Not investment advice! Consult a financial advisor.

List of Bitcoin Core maintainers:
https://x.com/murchandamus/status/1961467875014877416

Murch on Bitcoin Core maintainers as janitors or public servants:
https://www.youtube.com/live/3BFgoQawG7Q?t=7535s

Bitcoin Knots node count continues to rise:
https://coin.dance/nodes/knots

The Role of Bitcoin Core Maintainers & the Path Forward:
https://www.youtube.com/watch?v=mdnkZunIphA&t=1342s

This Bitcoin Core maintainer seems quite tolerant of spam:
https://x.com/leo_haf/status/1973009736447734030

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Core
#spam

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

662 148

YouTube Video VVVGMzFlb2pGS2hXUUp2aXlNSUNXTzJ3LjVVUzlCNHNoREhR

Bitcoin Core Maintainers: Public Servants, or Janitors?

Bitcoin University December 3, 2025 2:14 pm

Join Bitcoin University Premium: https://www.bitcoinuniversity.com/join In this video, I discuss whether Tether's USDT is at risk of collapse due to being under-collateralized. I conclude that USDT is, in fact, over-collateralized and could easily survive even a 30% drop in the fiat price of both gold and Bitcoin. While USDT is fine for those without USD bank accounts, if you want the best censorship-resistant and debasement-resistant money, you should still stick to Bitcoin. Not investment advice! Consult a financial advisor. Tether's biggest risk? https://x.com/OccamiCrypto/status/1995188919659552794 Tether audit: https://tether.io/wp-content/uploads/2025/10/ISAE-3000R-Opinion-Tether-International-Financial-Figure-31-10-2025-RC187322025BD0440-Fascicolo.pdf https://tether.io/news/tether-attestation-reports-q1-q3-2025-profit-surpassing-10b-record-levels-in-us-treasuries-exposure-accelerating-usdt-supply-amidst-worlds-macroeconomic-uncertainty/ Tether reserves breakdown: https://tether.to/en/transparency/?tab=reports Arthur Hayes USDT FUD: https://x.com/CryptoHayes/status/1994915256150495652 US interest rates: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=202511 Tether Group's equity around $30 billion: https://x.com/paoloardoino/status/1995154943808839704 Largest foreign holders of US Treasuries: https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html S&P cuts Tether stablecoin rating to 'weak' on disclosure gaps: https://www.reuters.com/business/finance/tethers-stablecoin-downgraded-weak-sp-assessment-2025-11-26/ Paolo Ardoino responds: https://x.com/paoloardoino/status/1993731485291913649 Cantor Fitzgerald confirms it is custodian for Tether Treasuries: https://www.ledgerinsights.com/cantor-fitzgerald-custodian-tether-stablecoin/ Epstein, JP Morgan, MSTR, And Bitcoin: https://www.youtube.com/watch?v=IfNbXoXS_Z4 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #Tether #USDT Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

Join Bitcoin University Premium:
https://www.bitcoinuniversity.com/join

In this video, I discuss whether Tether's USDT is at risk of collapse due to being under-collateralized.

I conclude that USDT is, in fact, over-collateralized and could easily survive even a 30% drop in the fiat price of both gold and Bitcoin.

While USDT is fine for those without USD bank accounts, if you want the best censorship-resistant and debasement-resistant money, you should still stick to Bitcoin.

Not investment advice! Consult a financial advisor.

Tether's biggest risk?
https://x.com/OccamiCrypto/status/1995188919659552794

Tether audit:
https://tether.io/wp-content/uploads/2025/10/ISAE-3000R-Opinion-Tether-International-Financial-Figure-31-10-2025-RC187322025BD0440-Fascicolo.pdf
https://tether.io/news/tether-attestation-reports-q1-q3-2025-profit-surpassing-10b-record-levels-in-us-treasuries-exposure-accelerating-usdt-supply-amidst-worlds-macroeconomic-uncertainty/

Tether reserves breakdown:
https://tether.to/en/transparency/?tab=reports

Arthur Hayes USDT FUD:
https://x.com/CryptoHayes/status/1994915256150495652

US interest rates:
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=202511

Tether Group's equity around $30 billion:
https://x.com/paoloardoino/status/1995154943808839704

Largest foreign holders of US Treasuries:
https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html

S&P cuts Tether stablecoin rating to 'weak' on disclosure gaps:
https://www.reuters.com/business/finance/tethers-stablecoin-downgraded-weak-sp-assessment-2025-11-26/

Paolo Ardoino responds:
https://x.com/paoloardoino/status/1993731485291913649

Cantor Fitzgerald confirms it is custodian for Tether Treasuries:
https://www.ledgerinsights.com/cantor-fitzgerald-custodian-tether-stablecoin/

Epstein, JP Morgan, MSTR, And Bitcoin:
https://www.youtube.com/watch?v=IfNbXoXS_Z4

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Tether
#USDT

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.

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