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https://www.bitcoinuniversity.com/join
In this video, I discuss how to check if your Bitcoin is real, using your own Bitcoin Knots node connected to Sparrow Wallet and a good hardware wallet like the Coldcard or Blockstream Jade.
A great way to run a Bitcoin Knots node as well as other Bitcoin-related software is to buy or build a Start9 personal server and run StartOS on it.
Good reasons to run your own Bitcoin node include:
1) To verify for yourself that your BTC is real and has never been spent
2) To be able to send Bitcoin transactions without needing to ask permission from someone else
3) Privacy: if you use someone else's node, they can see all of your Bitcoin transactions (and IP address, which can be linked your physical location)
4) Forks: if there's ever a soft fork or hard fork in Bitcoin, you can decide which software you want to run (do you really want to let Coinbase or Trezor decide this for you?)
5) Running your own node that filters spam helps to make the Bitcoin network healthier
6) By running your own full node, you are helping to provide a backup of Bitcoin's history, including all transactions going back to 2009. This information can then be shared with new nodes to help bootstrap them, thus helping the Bitcoin network to grow and become more robust
Not investment advice! Consult a financial advisor.
How To Run Your Own Bitcoin Node (And Fight Bitcoin Spam):
https://www.youtube.com/watch?v=9JKpA7gqbW0&ab_channel=BitcoinUniversity
How To Configure Bitcoin Knots (To Stop Relaying Spam):
https://www.youtube.com/watch?v=9l67aUi_NW8&ab_channel=BitcoinUniversity
Start9 personal servers for sale:
https://store.start9.com/
How to build your own Start9 server:
https://www.youtube.com/watch?v=aXVgGLaEEwc&ab_channel=BitcoinNotCrypto
How To Run A BITCOIN NODE: Knots on Desktop, Umbrel and Start9:
https://www.youtube.com/watch?v=zT4NuAaH3EM&ab_channel=BTCSessions
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
#Knots
#node
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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