EVERYTHING You NEED To Know About The Bitcoin Halving!

Summary

The video script discusses the upcoming Bitcoin Halving event, which occurs every four years and significantly impacts the cryptocurrency market. The host explains the concept of Bitcoin as a digital cash and store of value, contrasting it with fiat currencies that are subject to inflation. The explanation delves into the Bitcoin protocol and the proof-of-work mechanism that governs mining and the creation of new Bitcoins. The script also explores historical data on Bitcoin's price performance post-halving events and predicts potential growth based on the scarcity of supply and increasing demand. The video further introduces the concept of Bitcoin DeFi and the role of platforms like Order Bank, which aims to offer lending, borrowing, and staking services within the Bitcoin ecosystem. The host emphasizes the speculative nature of cryptocurrency investments and encourages viewers to do their research before investing.

Takeaways

• 🎉 The Bitcoin Halving is an event that occurs every four years, significantly impacting Bitcoin's supply and value.
• 💡 Bitcoin is designed as a peer-to-peer digital cash, aiming to replace fiat currencies and revolutionize financial interactions.
• 📉 Fiat currencies are inflationary, losing value over time due to government money printing, unlike Bitcoin which has a capped supply.
• 🔑 Proof of Work is a protocol that allows Bitcoin mining, where miners compete to solve complex puzzles to earn Bitcoins.
• 💰 The Bitcoin Halving reduces the reward for miners by 50% every 210,000 blocks, approximately every four years, thus reducing new Bitcoin supply.
• ⛏️ As of the time of the transcript, around 19.7 million Bitcoins have been mined, with an estimated 17 million in circulation, and some lost or inaccessible.
• 📈 Historical data shows that Bitcoin's price has experienced significant growth following previous halving events.
• 🌐 The current Bitcoin cycle is unique as it has reached an all-time high before the halving, possibly indicating a new type of bull market driven by institutional investment.
• 🏦 Wy Bank is highlighted as an emerging player in the Bitcoin ecosystem, offering decentralized finance (DeFi) solutions like staking, lending, and borrowing for Bitcoin holders.
• 🚀 The presenter is optimistic about Bitcoin's potential for massive gains post-halving and suggests that being sidelined could lead to missing significant opportunities.
• ⚖️ The presenter emphasizes that the content is not financial advice but rather an educational insight into Bitcoin and its halving event.

Q & A

What is the Bitcoin Halving event?

The Bitcoin Halving is an event that occurs approximately every four years, where the reward that miners receive for adding new blocks to the blockchain is reduced by 50%. This mechanism is designed to control the supply of Bitcoin and mimic the scarcity of a precious metal like gold.

How does Bitcoin's proof of work system work?

Bitcoin's proof of work system involves miners competing to solve a complex mathematical puzzle. Once solved, a new block is added to the blockchain, and the miner is rewarded with a certain amount of Bitcoin. This process both secures the network and creates new Bitcoins.

Why is Bitcoin considered a store of value?

Bitcoin is considered a store of value because it has a capped supply of 21 million coins, making it scarce and potentially valuable. Its limited supply, combined with increasing demand, can contribute to its value over time, similar to precious metals like gold.

How does the halving affect the Bitcoin supply and demand?

The halving reduces the number of Bitcoins entering circulation by 50%, which can lead to a decrease in supply. If demand for Bitcoin remains constant or increases, this scarcity can drive up the price of Bitcoin, as has been observed in previous halving events.

What is the current inflation rate of Bitcoin?

The current inflation rate of Bitcoin is about 1.7% per year. This is significantly lower than traditional fiat currencies, which can experience much higher inflation rates due to the printing of more money by governments.

How has the Bitcoin halving historically affected its price?

Historically, Bitcoin's price has seen significant growth following the halving events. For instance, after the halving in 2012 and 2016, Bitcoin experienced exponential growth, with price increases of 55x and 60x respectively within a year.

What is the significance of Bitcoin reaching an all-time high before the halving?

Bitcoin reaching an all-time high before the halving is a unique occurrence and could indicate a shift in market dynamics, potentially driven by institutional investment. It does not necessarily signal a bearish trend but could suggest a different trajectory for the upcoming bull market.

What is the potential impact of institutional involvement in Bitcoin?

Institutional involvement can lead to increased legitimacy and adoption of Bitcoin as an asset class. It can also introduce new dynamics to the market cycles, as institutions tend to invest before retail investors, potentially leading to more stable growth and less volatility.

What is ORBank and how does it relate to the Bitcoin ecosystem?

ORBank is a decentralized finance (DeFi) platform built on Bitcoin's layer one, aiming to offer staking, lending, and borrowing services for Bitcoin and other compatible tokens. It represents a new development in the Bitcoin ecosystem, allowing users to put their Bitcoin to work in a way that was previously more common with Ethereum-based DeFi platforms.

What is the ORBank token and why might it be a potential investment opportunity?

The ORBank token (ORBK) is the native token of the ORBank platform, which can be traded on centralized exchanges like Gate.io. It represents a potential investment opportunity if the Bitcoin DeFi ecosystem grows and ORBank successfully captures a portion of the market for lending and borrowing services.

What is the advice given for those considering investing in Bitcoin?

The advice given is to consider buying some Bitcoin if one can afford to do so, emphasizing that it could be a potential opportunity for significant gains. However, it is stressed that this is not financial advice and that individuals should make their own decisions based on their financial situation and risk tolerance.

Outlines

00:00

🎉 Introduction to Bitcoin Halving

The video begins with an introduction to the Bitcoin Halving event, which occurs every four years. The speaker, Faat, promises to explain the Bitcoin protocol, the proof of work mechanism, and the historical impact of Bitcoin Halving on its price. He emphasizes the importance of understanding these concepts for anyone interested in cryptocurrencies. Bitcoin is described as a peer-to-peer digital cash system designed to replace fiat currencies, and its characteristics as a store of value are compared to gold. The issue of inflation with fiat currencies is discussed, and the speaker illustrates how Bitcoin's limited supply can protect against inflation.

05:02

💰 The Mechanics of Bitcoin Halving and Its Impact

This paragraph delves into the mechanics of Bitcoin mining and the role of the proof of work system. The speaker explains how miners are rewarded with Bitcoins for adding blocks to the blockchain by solving complex puzzles. The Bitcoin Halving is then described as an event that reduces the reward for miners by 50% every 210,000 blocks, approximately every four years. The impact of this reduction on the circulating supply of Bitcoins and its potential to increase the value of Bitcoin is discussed. The speaker also touches on the concept of Bitcoin as a hedge against inflation and its current inflation rate, which is significantly lower than that of fiat currencies.

10:04

📈 Historical Performance of Bitcoin Post-Halving

The speaker presents a chart showing the historical performance of Bitcoin following the previous three halving events in 2012, 2016, and 2020. Each event is marked by significant growth in Bitcoin's value, with exponential increases in price observed within a year of each halving. The speaker suggests that, based on historical trends, another significant price increase is likely following the upcoming halving event. The unique situation of Bitcoin reaching an all-time high before the halving is also discussed, with the speaker expressing optimism for a new bull market driven by institutional investment.

15:05

🏦 Introducing ORBank: Bitcoin Ecosystem Innovation

The final paragraph introduces ORBank, a project aiming to tap into the liquidity of Bitcoin by offering decentralized finance (DeFi) solutions such as staking, lending, and borrowing. The speaker explains how ORBank operates on the Bitcoin blockchain and allows users to lend and borrow Bitcoin and other assets for yield. The potential for ORBank to revolutionize the Bitcoin ecosystem is highlighted, especially if the trend towards institutional investment in Bitcoin continues. The speaker also discusses the ORBank token, its current market status, and his personal investment in the project, framing it as a high-risk, high-reward opportunity.

Keywords

💡Bitcoin Halving

Bitcoin Halving is an event that occurs approximately every four years, reducing the block reward for miners by 50%. It is significant because it decreases the rate at which new Bitcoins are created, potentially leading to increased scarcity and value. In the video, it is discussed as a catalyst for Bitcoin's price growth historically.

💡Proof of Work

Proof of Work is the consensus algorithm that underpins the Bitcoin network, requiring miners to solve complex mathematical puzzles to validate transactions and add new blocks to the blockchain. It is central to the video's discussion on how Bitcoin mining operates and is affected by halving events.

💡Inflation

Inflation refers to the decrease in the purchasing power of money over time due to an increase in the supply of money. The video contrasts inflationary fiat currencies like the US dollar with Bitcoin, which has a capped supply and is therefore seen as a hedge against inflation.

💡Store of Value

A store of value is an asset that can be stockpiled and preserved without losing its worth over time. Gold is used as an example in the video, and Bitcoin is compared to it due to its limited supply, making it a digital equivalent that can retain and potentially increase in value.

💡Supply and Demand

Supply and demand is the economic principle that dictates the price of a commodity or asset. When the supply decreases and demand increases, as explained in the video, the price typically rises. This principle is applied to Bitcoin's halving events to predict potential price increases.

💡Bitcoin Mining

Bitcoin mining involves using computational power to solve complex mathematical problems to validate transactions and earn rewards in the form of new Bitcoins. The video explains how mining is affected by halving, as the rewards for miners are reduced, potentially impacting the mining industry and the Bitcoin market.

💡Cryptocurrency

Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. Bitcoin is the primary example discussed in the video, highlighting its potential for wealth generation and its role as a peer-to-peer digital cash system.

💡Decentralized Finance (DeFi)

DeFi refers to financial services that are conducted on a blockchain without traditional financial intermediaries. The video discusses how DeFi is becoming more accessible with Bitcoin through platforms like OrBank, which aims to offer staking, lending, and borrowing services for Bitcoin holders.

💡Smart Contracts

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They are mentioned in the context of Bitcoin's ecosystem evolving to support more complex use cases like DeFi, which was previously more associated with Ethereum's blockchain.

💡Token

In the context of the video, a token refers to a digital asset that represents a particular utility or a right to a service within a blockchain ecosystem. The video discusses OrBank's token, RBK, which is used within its platform for various financial services.

💡Institutional Investment

Institutional investment refers to investments made by large organizations like banks, insurance companies, or pension funds. The video suggests that increased institutional investment in Bitcoin could lead to a more mature and stable market, potentially influencing the effects of halving events.

Highlights

The Bitcoin Halving event occurs every four years, significantly impacting Bitcoin supply and potentially its price.

The halving event reduces the number of Bitcoins mined per block by 50%, from 6.25 to 3.125.

Bitcoin is designed as a peer-to-peer digital cash system, aiming to replace fiat currencies.

Bitcoin's limited supply and increasing demand make it a digital equivalent to gold, acting as a store of value.

Fiat currencies are inflationary, as governments can print more money, reducing the value of existing currency.

The Bitcoin protocol is based on 'proof of work,' which involves miners solving complex puzzles to validate transactions.

The total supply of Bitcoin is capped at 21 million, ensuring a deflationary monetary policy.

Previous Bitcoin halvings in 2012, 2016, and 2020 were followed by significant growth in Bitcoin's price.

The 2024 halving could potentially lead to new all-time highs for Bitcoin, possibly reaching the $150,000 to $160,000 range.

Bitcoin's inflation rate is currently around 1.7% per annum, significantly lower than traditional currencies.

The halving mechanism ensures that Bitcoin's supply does not exceed the 21 million cap, maintaining its scarcity.

It is estimated that about 17 million Bitcoins are in circulation, with approximately 2.5 million lost or inaccessible.

The Bitcoin halving is a unique event that has historically led to substantial gains for investors.

The presenter suggests that investing in Bitcoin could be a significant opportunity, especially for those who are currently on the sidelines.

The video introduces 'OrBank,' a platform aiming to offer decentralized finance solutions on the Bitcoin blockchain.

OrBank's token, ORBK, is available on centralized exchanges and presents a high-risk, high-reward investment opportunity.

The presenter discloses a personal investment in ORBK, considering it a potentially high-impact investment if the Bitcoin ecosystem expands into DeFi.

Transcripts

the Bitcoin Haring is here and this is

what we celebrate this is an event that

happens every four years so this is

something to talk about and in this show

I'm going to give you everything you

need to know about the Bitcoin Hing I'm

going to explain to you how the protocol

supporting Bitcoin actually works proof

of work don't worry about it I'm going

to explain to you in very simple terms

just enough so you can have a

conversation about it I'm going to look

at previous data historical data when

Bitcoin HED and how that reacted on the

price and I'm going to explain to you

exactly why this is a big deal so guys

if you are returning to the channel

smash the Subscribe button we bring you

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genuinely truly means the world to me if

you like this content let me know in the

comment section below as well guys there

is a billion ways to make money in

crypto and I am on the mission to find

them home my name is faat and if I find

anything I share it with you so if I

make money you can make money too let's

jump into the video so for us to start

talking about halling we have to

understand what Bitcoin really is it's

designed to be this peer-to-peer digital

cash replacing all fi currencies and you

know basically revolutionizing how we

interact with money however it is kind

of becoming a store of value some

something like a digital gold talking

about gold gold is a store of value

because it's limited so there is a

certain amount of gold in the world that

we can use and there will be no more by

having limited Supply and increasing

demand that gives gold a great store of

value status a lot of people stack away

US dollars in their bank and I talk to a

lot of people daily who say um I have a

savings account and I'm putting 20 30%

of my my my my earnings in there and

that's just growing and I'm making money

and I just always tell them that you are

not making money by Saving US dollars or

F currencies you are actually losing

money and the reason is because contrary

to gold and Bitcoin the US dollar and

Fiat currencies are inflationary and

that means that by printing more money

the governments basically delete the

value of your currencies now don't get

lost bear with me so that's let's

imagine there's 100 people on a deserted

island and there's only 10 bottles of

water left that 10 bottles of water is

at extreme demand but at a limited

Supply because there's only 10 therefore

the value of these bottle of waters is

very high let's imagine that someone

takes a walk and finds a well with

hundreds and hundreds of liters of water

immediately the 10 bottles of water the

value of the 10 bottles of water will

drop drastically because the supply is

not capped anymore it's not limited now

going back to the dollar the government

can print dollar you probably have heard

about quantitive easing and you probably

have heard about the government printing

more money as they basically as they

wish printing more money basically means

that they are finding a well and ending

Supply so there is no limited supply to

the dollar and that means that the 10

bottles of water or the current dollars

in circulation can be immediately

increased because they can print more

money and that is what we call inflation

so if there's $100 in the world today

and they print tomorrow 20 that means

there's 20% more dollars in circulation

and therefore your coin your your you

see I'm thinking coins but your dollars

are worth less has less purchasing power

now why is this interesting for the

Bitcoin Hing you may ask it is very

important because the Bitcoin Hing

solves exactly this problem Hing means

that there will be 50% less Bitcoin

coming into the circulation after the

Hing date I'm going to get into that in

a second but first we have to understand

proof of work and bear with me this is

important stuff I am telling you it is

important when you sit down you want to

talk about crypto you want to take this

seriously you have to make sure to

understand these things so keep watching

so there are different protocols that

operate these blockchains I don't want

to go that technical in here but what

you have to understand that there is

something called proof of work which

basically allows Bitcoin mining it's

called work because the miners these are

actual machines computers compete with

each other to solve a very difficult

technical puzzle and when that puzzle is

solved Bitcoins are created as reward

and it gets rewarded to the ones who

solved the puzzle simple terms there are

machines put in a big Warehouse running

all the time and trying to solve a

puzzle and when they solve it they get

Bitcoins but how much Bitcoins they get

that's the actual question and that

depends on the number of blocks they

solve now when we say blockchain that's

the underlying uh technology behind

Bitcoin we have to imagine it as block

of transactions so in each block there

is three and a half about 3 and a half

thousand transactions stored and that

means if I send you a Bitcoin that's

stored put into a block with other

$3,499

transactions and that is a block and to

solve that block or add that block to

the blockchain miners have to solve that

very difficult puzzle so when they solve

a puzzle that blog gets added to the

blockchain and the miners get rewarded a

certain amount of Bitcoins now the

Bitcoins they get rewarded is coded into

the it's coded so in 2009 89 when sattos

Nakamoto designed this whole thing it

the code was created if the whole thing

was launched and it is programmed to

happen nobody can change it it will stay

that forever there is going to be 21

million Bitcoins in the world and that's

it there is no more so to gradually

increase the circulating Supply that is

actually coming into everyday life and

accessible for everybody the Bitcoin

that is accessible for everybody they

did not just they did or Satoshi

Nakamoto did not design this whole thing

so all the coins are in circulations and

you can buy and hold whatever you want

it is coming into circulation by the

miners solving these Concepts so when a

block is added to the blockchain the

minor gets current

6.25 Bitcoins yeah it's a lot of

Bitcoins but it's a lot of work as well

and computing power you know it's it's

actually it's actually a lot of Bitcoins

but if you think about the grand scheme

of things it's not that much but let's

talk about Hing let's talk about Hing

but you have to understand this so here

we go the miners get these 6.25 Bitcoins

every time they add a block to the

blockchain or solve this puzzle but the

blockchain is this that if they would

get 6.25 forever there will be no cap on

how many Bitcoins will be there you know

out there therefore there needs to be a

mechanism that reduces the number of

coins these miners or validators get for

solving this puzzle and operating the

blockchain and the reduction is in case

of Bitcoin 50% every 210,000 blocks or

approximately 4 years so that does not

mean that the 21 million Bitcoin will be

Haled and there will be the circulating

Supply will be HED or whatever what it

means is that the miners who get

rewarded 6.25 Bitcoins for each block

now we'll only get rewarded 3.12

Bitcoins for each block for the exact

same work 3.25 to be exact so the way

the code works is that there is a block

with about 3 and a half thousand

transactions in it every 10 minutes on

the Bitcoin blockchain now if you

multiply this whole thing up you will

see that when you get to 210,000 blocks

you will be about 4 years in so the code

is written in a way that every 210,000

blocks there should be a hobing in the

rewards and that is exactly what we're

going to see now now why is this

relevant and why it can be interested in

uh in the price of Bitcoin and why we

could see a massive growth let's go back

to our example with the 10 water bottles

and someone finding well imagine I tell

this 100 people that I have 10 bottles

of water but I'm only giving out five

bottles in the first day two and a half

bottles in the second day 1.25 bottles

in the third day and that way decreasing

the amount of water I give out every

single day the supply stay the same I

have still 10 bottles of water but I'm

reducing the number of I'm I'm I'm

giving 50% less bottles every single day

you can imagine that by the third day

people will probably fight over that one

and a half bottles of water because it

will become more scarce as we go by the

day now that's the exact same here with

Bitcoin there is 51 million at totals

like 10 bottles and as the years go

every four years we will get 50% Less in

circulation so where are we win the 21

million cap well currently there has

been about 19.7 million Bitcoin his mind

so we are approaching the 21 million the

thing is that it's not 19.7 million

Bitcoin in circulation because a lot has

been lost and you know left in a wallet

and sent to a wrong address and burned

and whatnot so estimates are that about

17 thou 17 million Bitcoin are in

circulation and that means that we have

a 21 million Bitcoin Supply cap and even

from that even from the 19.7 that is

already in circulation about two and and

a half million is lost that means that

10% of the total that will be ever

created is already lost or Lum or not

accessible and again we just learned if

Supply goes down and demand goes up

price usually follows and goes up as

well one more thing I want to add to the

holing is we talked about inflation in

the beginning how does Bitcoin really

fight inflation and I said that it's

through the the halving it happens

through the haling now the inflation

rate of Bitcoin is about 1.7% yearly and

the reason why I say that currently you

know inflation is 15 20 30% in some

places so 1.7% is up absolutely

incredible why because even though the

Bitcoin having a haling and the the

supply that comes into circulation gets

Haled every four years there is still

Bitcoin coming into circulation and

deludes the value of Bitcoin because

there are more Bitcoins but because the

supply gets HED this number is tamed at

1.7% I mean I don't know why you live in

the world but just to Simply understand

this and this is actually one of the

True Values of Bitcoin and why it's

becoming a store of value if you take 20

bucks in 20 12 going into a supermarket

you see what you can buy and you take 20

bucks now and go into a supermarket and

what you can buy today you will see what

I'm talking about however if you would

have bought Bitcoin in 2012 you would

probably be a millionaire by now even if

you just bought for $1,000 so now that

we know that Supply is decreasing and

because of the reasons I just explained

demand is increasing that makes the

price go up as well limited Supply

increased demand equals higher price now

let's look at what happened the previous

three events Bitcoin had hings Bitcoin

had a Hing in 2012 2016 and 2020 if

you've been here for a while and you

know where this is heading so if you

haven't stay tuned it is absolutely line

bulling now this is the weekly chart off

Bitcoin from basically the very very

beginning from 2011 actually this chart

shows uh these three lines are the

Hallen events so I can't even see it

because it was so small here I can't

really see it here but if you look at

the weekly chart the the Hing happen

here and within you know within uh what

was it 300 days exponential exponential

growth 5,000 so 55x basically 60x uh in

2012 let's look at what happened in

2016 by the way guys I want to plug my

channel here if you are interested in

trading I have trading shows live

trading I teach you a complete different

concept there is a link in the

description to my trading Channel please

check out subscribe and come to the live

shows interact I promise you you won

regret it so this second line represents

the second Hing event in July 9th and we

saw exponential growth off there as well

then you know basically we still the the

2017 bull market and a cool off and then

in 2020 we had another haling here and I

don't even have to tell you what the

rate here is absolutely mind-blowing and

then we have a cool down in this period

as well a bare market and then what is

different here and this is what we're

going to talk about is that the harving

will happen around this time so when you

see this video the harving already has

happened or is happening literally

within uh within 24 48 hours so if you

consider that the Haring will happen

around these regions and you see that

this was the the the pump after the Hing

here you we don't even see this because

it was so tiny but I showed you 60x uh

on that and you see this was the the the

the reaction to the Haring in 2020 then

what you can imagine is that this is the

reaction of the Hing in

2024 so although history doesn't

necessarily repeat itself it definitely

Rhymes so because Supply is going down

and demand is going up the likelihood of

this playing out and Bitcoin rocketing

to all time highs new alltime highs

potentially to the 150 160,000 region is

very likely based on the historical data

what is interesting here and is

completely unique and not seen in the

previous Cycles is that Bitcoin already

reached all-time high before the halling

event now a lot can wonder whether this

is a bullish or a bearish indication but

you have to understand this is just my

take my personal opinion that we are

going to see a complete different bull

market at this time and going forward

basically institutions getting involved

in this asset becomes an instit

institutionalized asset and therefore

will bring different uh different

characteristics to the Cycles so the

fact that Bitcoin reached alltime high

before holing is not a bearish

indication for me I believe this is

rather something that we have never seen

before when institutiones get involved

they basically load up before retail

arrives as they always have done and

even though we did achieve and create a

new oldtime highs before Halloween the

likelihood of Bitcoin rocketing to new

highs in my personal opinion and based

on the data what what I just showed you

is extremely high now as you see now

Bitcoin can bring massive massive gains

after the Hing but what else can bring

massive gains as this is where I want to

bring in our sponsor or bank now as you

know I only bring in sponsors that I

genuinely truly believe in or I think is

very very interesting in or bank is one

of these why because the whole bull

market is being institutional IED as I

have talked about this now institutions

coming in interested in buying Bitcoin

and that puts massive buying pressure on

bitcoin and on the Bitcoin ecosystem

it's very interesting because for a long

time Bitcoin Maxes did not want a

Bitcoin ecosystem there is no second

best Michael Ser said it there's no

second best crypto asset there's a

crypto asset it's called Bitcoin but

recent developments with BR c20s are

showing signs of a massive Bitcoin

ecosystem is developing or Bank can be

one of the players in there so what am I

talking about you probably have heard

about lending and borrowing and defi

staking well that thing was not

available on bitcoin for a very long

time but now as we see BRC inscriptions

where you could see you know nfts on

bitcoin different othero use cases on

bitcoin and Bitcoin defi Bitcoin lending

and borrowing this is exactly what Wy

Bank brings to the table so the basic

idea here is that there is a bunch of

liquidity left on in Bitcoin it's

basically just sitting there a lot of

people holding St set right and it's

standing there doing nothing what war

Bank basically tries to get and tap into

that market the people who just huddle

the hudders and the Bitcoin is that just

sitting on a cold storage war Bank aims

to offer a self- cost solution for defi

staking lending and borrowing your

Bitcoin so the project is pretty

exciting I'm going to tell you in a

second it is in a test net however they

do have a launch token already and you

are extremely extremely early as you can

see on that Twitter they say order bank

is a noble money market built on on

bitcoin layer one it's literally built

on bitcoin operating as the compound

Finance of the Native layer if you

scroll lower you will get to a section

that says how does or Bank work or Bank

enables users to lend out BTC BRC 20s

and Arc 20s for yield and borrow at

competitive interest rates IT addresses

the need for decentralized money markets

inspired by the success of compound

Finance ethereum in the 2020 D5 summer

so what they basically do again is that

you will be able to take your Bitcoin

that you would huddle and you don't want

to keep it exchanges self custody and

lend it out peer-to-peer and basically

as Bitcoin was designed peer-to-peer

someone else and obviously earn some

interest now if you go on that website

you will see an enter app icon you can

go there you can connect your uniset

wallet and you will get to this

interface again this is still in test

net so once you connect your uniset wall

it will swap you to a test network but

you will be able to come here and see

what the basic IDE here if you have done

any borrowing and lending on defi this

is basically the exact same on the

Bitcoin ecosystem so when you come here

to the website there is a link in the

description you will be able to come to

the dashboard here is where you will see

your own Bor or or or or land Bitcoin

you can click on markets and you will

see what assets are available on you

will see what assets you can borrow and

what APR there is again all self custody

now there are a bunch of other features

why or bank is going to be very very

interesting in my opinion if we again

assume that Bitcoin is going to get the

main attention this bll Market people

will start getting into R c20s and use

the Bitcoin ecosystem now or bank as you

saw as well I mean this does not look

complicated for me when you if you have

played around with brc's it was an

absolute nightmare you had to do

inscriptions then you had to list them

but you had to you couldn't sell

fractions it was absolute nightmare with

order bank will they basically

revolutionize the space now let's talk

about the token and why I bring this to

you right now the do have a token it's

called or bank or rbk you are able to

get it on gate.io and Maxi and big

already on centralized exchanges it just

launched a month ago and these exchanges

already launched it I mean G the I Max

surprised but bitat is kind of surprise

so this is very promising for me it's a

12 million market cap at 45 million

fullly valuation which is a little bit

high for me but it had a 50 60% drop in

the past month it's been lodged a month

ago and that means that tells me that

everybody who wanted to dump probably

has dumped already why have I invested

and why do I think this can be hero or

zero play because if the rc20 narrative

picks up if I'm right with the

institutionalization of this bull market

and people you know going towards

Bitcoin much more if the landing and

boring narrative defi which will pick up

at some point we will have a defi

narrative can transition the people the

Bitcoin Maxes into getting into defi

with their Bitcoin or bank is an

absolute winner in that space for me

it's a DJ play I always tell you

honestly for me this is a zero or her

play uh it is down if you look at a

three months interface or the time frame

it is down about 60% uh I do believe

it's a great buy at these levels if you

want a moon bag again this can go 100x

1,000x or it can go to zero as well I

genuinely think this can be interesting

I am invested full disclosure I hold a

small bag and I will hold to see if the

Nar sa Falls guys I hope you like this

video I hope you enjoyed it and I really

hope that now you got a little bit of

better understanding on what Bitcoin

hobing is and how you can benefit from

it not Financial advice absolutely not

if you follow this channel you know that

we do our best every single day to give

you money-making tips and and and and

everything else to help you navigate the

crypto industry but I believe if you are

sidelined now you might be making a

mistake of a lifetime take 20 bucks 50

bucks 100 bucks 1,000 bucks whatever you

can afford and buy some Bitcoin I am

basically begging you again not

Financial advice but um yeah that's

what's up if you got any value of this

video please please please let me know

in the comment section I'll reply to

every single comment in the first 24 48

hours and smash the like button and

share it with your friends and guys make

sure to follow me on Twitter I interact

with you there make sure to subscribe to

the channel and I believe I will see you

in the next one

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