Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss The Economist's recent article "Why bitcoin is up by almost 150% this year: introducing the cockroach theory of crypto."As a long-time hater of Bitcoin, The Economist is finally seeking to transition to a more positive coverage of Bitcoin, by grudgingly admitting that Bitcoin (much like cockroaches) cannot be stopped. This is a decent article, belatedly recognizing the importance of Bitcoin, while still unfortunately conflating Bitcoin and crypto.Everyone eventually ends up bending the knee to Bitcoin. Those who are too stubborn to do so end up helpfully removing themselves from the economic and genetic fitness pool.Bitcoin is king, and there is no second best. It might make sense to get on the winning team while you still can.Not investment advice! Consult a financial advisor.Old Economist articles on Bitcoin as a bubble or scam:https://www.economist.com/leaders/2013/11/29/the-bitcoin-bubblehttps://www.economist.com/buttonwoods-notebook/2017/11/01/the-bitcoin-bubblehttps://www.economist.com/finance-and-economics/2022/11/24/how-crypto-goes-to-zeroThe cockroach theory of crypto:https://www.economist.com/finance-and-economics/2023/12/18/why-bitcoin-is-up-by-almost-150-this-yearFull text of article:https://twitter.com/coryklippsten/status/1738966624366182886Global map of reachable Bitcoin nodes:https://bitnodes.io/Solana outages:https://cryptoslate.com/heres-why-the-recent-solana-outage-took-almost-a-day-to-resolve/Tether can be easily censored:https://www.coindesk.com/business/2023/12/09/tether-freezes-41-crypto-wallets-tied-to-sanctions/The DAO Hack (Ethereum):https://en.wikipedia.org/wiki/The_DAOhttps://www.reddit.com/r/ethereum/comments/bm4vxu/vitalik_buterin_ethereum_did_a_surgical_irregular/Insider crypto premines and presales:https://miro.medium.com/v2/resize:fit:1358/1*TayypeN1nRVdmikXjuy4hA.pngBitcoin is a lifeboat for those in countries with dying fiat currencies:https://twitter.com/TheRealTahinis/status/1734745743498289538Bitcoin is a swarm of cyberhornets:https://twitter.com/saylor/status/1307029562321231873Michael Saylor Bitcoin Christmas dinner meme:https://twitter.com/saylor/status/1739001917928304752 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 #crypto Disclaimer Neither 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....https://www.youtube.com/watch?v=798gm1PwTXQ