2024-12-24T16:37:23+0800

Join Bitcoin University Premium: https://www.bitcoinuniversity.com/join In this video, I discuss whether Satoshi Nakamoto's "Genesis Wallet" is close to being breached, with the result that over 1 million BTC will be stolen and dumped on the market. My conclusion is that this particular "news item" is the result of a trolling post about Kentucky fried chicken. BIP-39 wallets did not even exist in Satoshi's active years. I conclude by discussing HD wallets, recovery seeds, xpubs, Bitcoin addresses, and how they are related. Not investment advice! Consult a financial advisor. Report Claims Satoshi Nakamoto’s Genesis Wallet With 1.1M BTC Partially Breached: https://www.cryptonewsz.com/satoshi-nakamoto-genesis-wallet-partial-breach/ https://x.com/Bitbothawkeye/status/1862399564176605280 Dead Internet theory: https://en.wikipedia.org/wiki/Dead_Internet_theory BIP-39 word list: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt#l1 Genesis block: https://mempool.space/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f 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 #Satoshi #Genesis 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.