Get the "Ultimate Guide to Bitcoin" course:
[ Ссылка ]
Use the discount code YT99 to get the best price.

In this video, I discuss the crypto Algorand (ALGO), how it compares to Bitcoin, and the fatal trade-offs that ALGO has made when it comes to decentralization.

ALGO had a 100% premine/premint and runs on a modified version of proof of stake, which in itself ensures that the protocol can never be neutral.

In addition, ALGO has a headquarters, CEO, CFO, venture capital backers, a website, and a development road map. These are things that no decentralized protocol would ever have.

I conclude that ALGO is an unregistered security that was used to fund Algorand and its foundation. It's just another failed project in crypto land that had a pump and dump.

Algorand is NOT the next Bitcoin.

Bitcoin is the next Bitcoin.

Not investment advice! Consult a financial advisor.

Algorand's website:
[ Ссылка ]

Algorand hires a new CFO:
[ Ссылка ]

Algorand has a foundation:
[ Ссылка ]

Algorand has VC backers:
[ Ссылка ]

Algorand has a road map:
[ Ссылка ]

Algorand has a headquarters:
[ Ссылка ]

Gensler on companies pretending to be decentralized protocols:
[ Ссылка ]

Algo huge premine:
[ Ссылка ]

AlgoWallet gets hacked:
[ Ссылка ]

El Salvador Signs a Cooperation Agreement with Koibanx to Develop the Government’s Blockchain Infrastructure on Algorand:
[ Ссылка ]

Blockchain Protocol Algorand Leads $22M Investment Round in Tokenization Firm Koibanx:
[ Ссылка ]

El Salvador to Launch Government Blockchain Infrastructure on Algorand This Year:
[ Ссылка ]

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.

#algorand
#crypto
#bitcoin

Disclaimer
Neither Trader 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 or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

свернуть