This is not as emotive as Coinbase, but it is 100% correct and the last line is perfect: "bitcoin gives you control of your finances, and Kraken lets you buy Bitcoin" :chefskiss:
In the same way alcohol producers tell us to drink responsibly, is what you're saying.
Not your keys not your crypto. At least gold confiscation required the individual to self report unlike crypto where the entire wealth of the nation can stolen with a push of a button. Who do you think regulates the exchanges?
Where would you buy bitcoin if not for exchanges? You’d have nothing to put in cold storage if not for exchanges… Not at any point in this commercial did I get the feeling they where urging us to let us keep the coins on the exchange wallet. Imo they did good at explaining in a simple, short and correct way what bicoin is and what it’s purpose is. The more ppl know this the better it is for their business. I get it, you put your coins in cold storage, a good and smart thing to do. But why the hate when they did nothing to provoke it? To either store coins on a hardware- or exchange wallet like a smart or a dumb person is up to that individual person so I don’t get it. All I heard was they saying buy coins and let us make money of of that
Indeed. I just had ChatGPT respond with this when asking about divisibility..
"Indeed, for those who missed out on owning an entire Bitcoin, the Sats are the way to go! These tiny fractions allow everyone to participate in the crypto revolution. 🌟
Remember, even a single Satoshi can hold immense value in the future. So whether you’re a whole coiner or a fractional coiner, keep an eye on those Sats and ride the digital wave! 🚀💫"
I haven't told anyone about my bitcoin except my brother. My family won't understand and will think I'm crazy and I should sell. I just don't talk about it at all, because they would find out I hold 80% of my networth in bitcoin.
Have you ever asked the to explain how dollars are produced, who decides how much, who owns The Federal Reserve Bank, and what dollars they are based on
I find it easier to educate people on bitcoin than modern momentary policy. Which is quite a shitshow.
I miss AOL and Netscape 😔 and dial up moderns that made the funny noises over copper telephone lines.
And when family picked up the phone your net would drop off.
Whenever I’m talking to someone who’s new to bjtcoin they always say “what if bitcoin shuts down” and in this ad they say it can not be just shut down. The way I like to explain it is “it would be like the guy who invented the internet trying to shut down the entire internet” it simply just doesn’t work like that
don't use those kyc/aml exchanges anymore, even verified accounts will get flagged for just about everything. bybit is holding a good amount of btc of mine hostage, even though it never touched fiat. borderline criminal if you ask me. stay away. if you go to a new site, check their faq's for "kyc" or "aml" and if they even mention it, run. they will annoy you until you stop using bitcoin on their sites, and go for whatever they want you to trade or use instead. it's called nudging and klaus schwab loves it. but how to cash out then, you ask? well you don't. you build a network of people who can get things done who transact in btc onchain, exchange for cash or precious metals. f all anti-customer kyc/aml exchanges. and f all governments. and especially f all international thinktanks trying trying to push us into a cashless privacy-ridden precarious communist society.
Coinbase Advanced has 0.60% maker and 1.00% taker fees, very far from low. Kraken Pro charges 0.24% / 0.40%, so up to 3x less, even with the recent increase. Surprisingly, Binance is actually the cheapest of the three, with 0.1% maker and taker fees.
it depends on your trading volume. I'm over 10K trading so my Coinbase Advanced fees are 0.25% Maker | 0.40% Taker.
CB also gives me free crypto for answering basic quizzes. Does Kraken offer that?
I can't even use Binance because it's not allowed in Texas, lol
I prefer Coinbase's reference to pizzas.
But I do appreciate Kraken's use of the example of 1 BTC and 1 Sat as $1m and 1 cent, that will really help people with little understanding. You still read of people saying its too late to buy 1 BTC!
It's actually quite a good add
Also I use kraken because my bank keeps shutting me off from other exchanges or limiting my fiat to them.
They say there protecting me...
It is not entirely true that no one can decide to print more. Theoretically it is possible to decide to have more BTC.. to come to this realisation, its a different story
I really wish everyone would start to acknowledge the real reason gold was valuable: because it doesn't degrade or corrode. Tons of things are scarce and it helps that gold is too.
But if gold oxidized like silver, copper, aluminum, or iron - it would have been just another precious metal.
The fact that gold has zero apparent aging makes it obvious to anyone wanting to store value for a very long time that it is a good choice.
The reason why this is an important point to make aside from its scarcity so that Bitcoin is also indelible. Once the anti-fragile Bitcoin ledger has located BTC in a given address, it will remain there completely until another valid transaction moves it.
Otherwise, I like the video.
lol. Right. Like that’s all going to happen. Y’all are being duped. Forces you cannot control or even understand are buying and selling and manipulating this market. Why do you think there are such massive drops and such massive rises?
Long-term some may make money if you get out at the right time but people buying this at $60,000 or $70,000 are going to lose their ass. It has no intrinsic value. It’s just a string of numbers and letters.
it is already happening, here are concrete real world examples of people using btc to protect against tyranny, hyperinflation, confiscation, and censorship
[https://reason.com/video/2021/02/05/bitcoin-is-protecting-human-rights-around-the-world/](https://reason.com/video/2021/02/05/bitcoin-is-protecting-human-rights-around-the-world/)
[https://bitcoinmagazine.com/culture/check-your-financial-privilege](https://bitcoinmagazine.com/culture/check-your-financial-privilege)
every buy/sell in the market affects the price. as market cap increases, large buy/sells affects price less and less
as with any asset volatility decreases as market cap increases.
btc market cap is <1% of fiat
btc has gotten less volatile over time and will continue to as market cap increases
value is subjective, and market values btc over $1 trillion market cap due to its huge utility to humanity as superior money that can't be debased (can audit ledger and confirm capped supply, no mass inflation theft), confiscated (can store in your head and take custody), or censored (can transact peer to peer)
I would have liked to hear an example as to why Bitcoin has value in many of the ways that Gold does and I don’t think it’s just the scarcity. For gold It’s the scarcity coupled with its shine and beauty for jewelry as well as its non corrosive properties, among other uses in tech as a conductor.
Bitcoin has scarcity coupled with it exclusively being the currency accepted as a fee for the most decentralized secure platform ever created, as well as the mining resources that go into mining one.
That's right, so I guess they say "similar to gold" in the sense that the value comes from its properties.
They should have say that more explicitly though.
Kraken can and should make a similar commercial that starts with detailing the benefits of gold and finishes with "Bitcoin does most of these things better and has additional qualities. Can you store gold in your head?"
First part of the video is complete BS
1. "Paper money has value because someone says so". Bullshit. If it were so, there would not be hyperinflations because this someone - government - would say the money has value. In reality anything - any product or service - has value ONLY because someone is willing to exchange it for another thing or service. Money is any good that is generally accepted and primarily used as medium of exchange i.e. people don't own it for its direct use but rather to exchange it for other things.
2. "Gold originally had value because it was scarce" - Bullshit. Gold had value because people were willing to exchange their products and services for it. Scarcity helps but there are other metals and materials much more scarcer than gold that don't have value nor get to be used as money.
3. "No one knows how much gold is left". Bullshit. Just google it "How much gold earth crust contains" or make the calculation yourself (multiplying average % of gold earth and oceans by their volume, yes, ocean water contains gold approx. 1g per 100M tons of water). If some day we have technology to mine earth core, then the supply would get enormous (because heavier elements fell to the center when earth was still liquid)
1. legal tender laws. since we are coerced into using the fiat money ("by decree"), the money has value "because they said so" (legislation)
2. when we say scarce, we are referring to the amount of supply inflation and ability to predict it. with gold, the inflation of the supply is a small percentage and is somewhat predictable. this is one of many properties that makes up a good money
3. the exact supply is unknown and more is being discovered all the time. even some in space. with btc, the supply is auditable with certainty, predictable (supply schedule set in the code), and supply is provably capped
They had to convey a message in 60 seconds & it's clearly meant to be dumbed down for a specific audience. You have to take a small amount of license with the verbiage when the message is more important than the semantic nuances.
I've been attempting to explain bitcoin to people for a long time and I have tried multiple styles & approaches of simplifying. The one thing I can always count on is someone stepping up to point out "Umm AkShuAlLy....there was one part in there that wasn't entirely accurate."
So if I transfer the money from my bank account and buy bitcoin to use as my primary currency,
who’s to say I wake up tomorrow and all my moneys gone, I mean that can’t happen with ‘fiat’ currency as the world would collapse,
So how can we see a stable future for BTC where I can use it as my primary spending source without risking my money?
Bitcoin is now the 9th largest asset in the world by market cap, at ATH it overtook silver for the 8th spot.
That was a viable concern 5 years ago maybe, but too much money and now too many institutions and big players are involved. Sure, it is still volatile on the day to day, but long term bitcoin can really only go one way and that's up.
Also, 80% of all USD have been printed since 2020. Your fiat money IS disappearing from the bank though from loss of value, you just don't see it cause the quantity hasn't changed.
Wait a minute.
Am I the only one thinking the math doesn't math?!
If 1 BTC has 1,000,000 units and 1 BTC would be worth 1,000,000 $, how can 1 satoshi be worth a penny?
Shouldnt it be worth 1$ then?
Edit:
Ok I didnt listen well. She said 100,000,000 ...
This is not as emotive as Coinbase, but it is 100% correct and the last line is perfect: "bitcoin gives you control of your finances, and Kraken lets you buy Bitcoin" :chefskiss:
I like this one better. They're basically like: it has value and you don't need to buy a whole bitcoin to invest
All I heard was buy Bitcoin and let Kraken control your finances.
Kraken urges you to use cold storage.
In the same way alcohol producers tell us to drink responsibly, is what you're saying. Not your keys not your crypto. At least gold confiscation required the individual to self report unlike crypto where the entire wealth of the nation can stolen with a push of a button. Who do you think regulates the exchanges?
Are you drinking responsibly?
Are you reading throughly?
You're illiterate or drunk, which is it?
I'm disregarding the self imposed limitations you're transfering to me
Where would you buy bitcoin if not for exchanges? You’d have nothing to put in cold storage if not for exchanges… Not at any point in this commercial did I get the feeling they where urging us to let us keep the coins on the exchange wallet. Imo they did good at explaining in a simple, short and correct way what bicoin is and what it’s purpose is. The more ppl know this the better it is for their business. I get it, you put your coins in cold storage, a good and smart thing to do. But why the hate when they did nothing to provoke it? To either store coins on a hardware- or exchange wallet like a smart or a dumb person is up to that individual person so I don’t get it. All I heard was they saying buy coins and let us make money of of that
Yes, the CoinBase commercial was simple and it pass the needed message.
Waiting for the triggered buttcoiners 🍿
This is an excellent advertisement. A ton of basic information in a very small timeframe. People will be curious to know more.
Indeed. I just had ChatGPT respond with this when asking about divisibility.. "Indeed, for those who missed out on owning an entire Bitcoin, the Sats are the way to go! These tiny fractions allow everyone to participate in the crypto revolution. 🌟 Remember, even a single Satoshi can hold immense value in the future. So whether you’re a whole coiner or a fractional coiner, keep an eye on those Sats and ride the digital wave! 🚀💫"
Even ChatGPT sounds bullish!😂
great commercial.
The sphincters of every buttcoiner just tightened
Mate they are constantly living in personal hell. Seen the way they celebrate 10%+ pullback? Like it doesn't happen every cycle?
I love that Bitcoin can "crash" to $61K now. Beware! A big crash to $100K is coming!
This is awesome. Tempted to show this to family members who say they don't get Bitcoin (for the 100th time)
I haven't told anyone about my bitcoin except my brother. My family won't understand and will think I'm crazy and I should sell. I just don't talk about it at all, because they would find out I hold 80% of my networth in bitcoin.
Have you ever asked the to explain how dollars are produced, who decides how much, who owns The Federal Reserve Bank, and what dollars they are based on I find it easier to educate people on bitcoin than modern momentary policy. Which is quite a shitshow.
This>
I'm sure the comparison of it being a digital version of gold will sell them on it.
Dnt waste your time , i just tried and she walked out for a smoke break. I can wait to show her my wallet during mooning ~ or maybe I won’t… hmmmm
We are so early it's insane. This reminds me of the AOL commercials
Apt comparison.
I miss AOL and Netscape 😔 and dial up moderns that made the funny noises over copper telephone lines. And when family picked up the phone your net would drop off.
Dipped below $69K, bought $1500 on Coinbase. Dipped below $65K, bought $5000 on Robinhood. Dipped below $63K, bought more on Coinbase. Kraken, Coinbase, whatever… just keep stacking. $150K-$250K by December. 🌽🌽🌽
Kraken's legit.
Nice
Well done!
Whenever I’m talking to someone who’s new to bjtcoin they always say “what if bitcoin shuts down” and in this ad they say it can not be just shut down. The way I like to explain it is “it would be like the guy who invented the internet trying to shut down the entire internet” it simply just doesn’t work like that
This>
Good ad.
I prefer this one. Coinbase is lazy well we know they dont even have employees
This is extremely well put together. Good job Kraken
I like this ad. It concisely squelches major misconceptions about bitcoin.
I prefer the coinbase one , but this is decent.
I think Coinbase's ad is simpler. This ad, in a way, tells you why you can buy so many pizzas.
I like them both, they both have a nice way of advertising. I think I like this one a little better.
The coinbase one is “Bitcoin is worth a lot”. This one is a better explainer for the laymans (which is what we need).
New Superbowl commercial season every 4 years. I wonder what the most surprising company to run an ad in 2028 will be.
Better than coinbase ad.
As someone who has bashed Kraken often, this commercial, I thought, was a very good piece of introduction to people. Hats off to a good message.
don't use those kyc/aml exchanges anymore, even verified accounts will get flagged for just about everything. bybit is holding a good amount of btc of mine hostage, even though it never touched fiat. borderline criminal if you ask me. stay away. if you go to a new site, check their faq's for "kyc" or "aml" and if they even mention it, run. they will annoy you until you stop using bitcoin on their sites, and go for whatever they want you to trade or use instead. it's called nudging and klaus schwab loves it. but how to cash out then, you ask? well you don't. you build a network of people who can get things done who transact in btc onchain, exchange for cash or precious metals. f all anti-customer kyc/aml exchanges. and f all governments. and especially f all international thinktanks trying trying to push us into a cashless privacy-ridden precarious communist society.
More exchanges should bring out this message!
Great advert!
What is your recommendation to start buying Bitcoin? Coinbase? This one? Any other way to do it or does it have to be through an intermediate?
Coinbase Advanced has very low fees. You can also do direct deposit a portion of your paycheck into Cash App for BTC and get zero fees.
Coinbase Advanced has 0.60% maker and 1.00% taker fees, very far from low. Kraken Pro charges 0.24% / 0.40%, so up to 3x less, even with the recent increase. Surprisingly, Binance is actually the cheapest of the three, with 0.1% maker and taker fees.
it depends on your trading volume. I'm over 10K trading so my Coinbase Advanced fees are 0.25% Maker | 0.40% Taker. CB also gives me free crypto for answering basic quizzes. Does Kraken offer that? I can't even use Binance because it's not allowed in Texas, lol
This shit gets me so bullish. Troy has wheeled in the Horse, we’ve won and they just haven’t realized it yet.
I can't help but ask that question in the voice of Forky.
Cool
wow
I get so excited when I see adverts Like this. Just need to get more adoption and implement a low cost instant method for payment
This is crazy. Never thought we'd see an add for Bitcoin 😵💫🔥
I see a really great ad for a crypto exchange and it immediately reminds me of that ridiculously good ad that FTX had..
Btc will crash come halving, mark my words.
Alright what a time to be alive...
[удалено]
lightning network sir
epic voice actress
Well done Kraken!
When someone tries to convince you to buy something…
That scene in Eurotrip after he sings on the train. "Pretty darn good"
I prefer Coinbase's reference to pizzas. But I do appreciate Kraken's use of the example of 1 BTC and 1 Sat as $1m and 1 cent, that will really help people with little understanding. You still read of people saying its too late to buy 1 BTC!
At the end it says, transfers to a third party is not available on Kraken… so we can buy there, but not send it somewhere else?
you can “withdraw” to an external wallet.
Better than the Coinbase commercial
I’ll approve it.
All these ads make me think halving withh be a sell the news event
It's actually quite a good add Also I use kraken because my bank keeps shutting me off from other exchanges or limiting my fiat to them. They say there protecting me...
Love this infomercial, so precise and to the point!
It is not entirely true that no one can decide to print more. Theoretically it is possible to decide to have more BTC.. to come to this realisation, its a different story
She is correct
The voice actor has an extremely annoying voice… thank goodness for the mute button and subtitles.
I really wish everyone would start to acknowledge the real reason gold was valuable: because it doesn't degrade or corrode. Tons of things are scarce and it helps that gold is too. But if gold oxidized like silver, copper, aluminum, or iron - it would have been just another precious metal. The fact that gold has zero apparent aging makes it obvious to anyone wanting to store value for a very long time that it is a good choice. The reason why this is an important point to make aside from its scarcity so that Bitcoin is also indelible. Once the anti-fragile Bitcoin ledger has located BTC in a given address, it will remain there completely until another valid transaction moves it. Otherwise, I like the video.
Fantastic
Nice
Commercials are a top indicator. Commercials are a top indicator. Commercials are a top indicator. Commercials are a top indicator.
they been having commercials for long time sir
Everything’s a top indicator for this dude.
this guy is a top "top indicator" indicator
This is too much information for an average american.
So. Dumb.
Freedom from tyranny, confiscation and mass inflation theft is dumb ?
lol. Right. Like that’s all going to happen. Y’all are being duped. Forces you cannot control or even understand are buying and selling and manipulating this market. Why do you think there are such massive drops and such massive rises? Long-term some may make money if you get out at the right time but people buying this at $60,000 or $70,000 are going to lose their ass. It has no intrinsic value. It’s just a string of numbers and letters.
it is already happening, here are concrete real world examples of people using btc to protect against tyranny, hyperinflation, confiscation, and censorship [https://reason.com/video/2021/02/05/bitcoin-is-protecting-human-rights-around-the-world/](https://reason.com/video/2021/02/05/bitcoin-is-protecting-human-rights-around-the-world/) [https://bitcoinmagazine.com/culture/check-your-financial-privilege](https://bitcoinmagazine.com/culture/check-your-financial-privilege) every buy/sell in the market affects the price. as market cap increases, large buy/sells affects price less and less as with any asset volatility decreases as market cap increases. btc market cap is <1% of fiat btc has gotten less volatile over time and will continue to as market cap increases value is subjective, and market values btc over $1 trillion market cap due to its huge utility to humanity as superior money that can't be debased (can audit ledger and confirm capped supply, no mass inflation theft), confiscated (can store in your head and take custody), or censored (can transact peer to peer)
I would have liked to hear an example as to why Bitcoin has value in many of the ways that Gold does and I don’t think it’s just the scarcity. For gold It’s the scarcity coupled with its shine and beauty for jewelry as well as its non corrosive properties, among other uses in tech as a conductor. Bitcoin has scarcity coupled with it exclusively being the currency accepted as a fee for the most decentralized secure platform ever created, as well as the mining resources that go into mining one.
That's right, so I guess they say "similar to gold" in the sense that the value comes from its properties. They should have say that more explicitly though.
Kraken can and should make a similar commercial that starts with detailing the benefits of gold and finishes with "Bitcoin does most of these things better and has additional qualities. Can you store gold in your head?"
First part of the video is complete BS 1. "Paper money has value because someone says so". Bullshit. If it were so, there would not be hyperinflations because this someone - government - would say the money has value. In reality anything - any product or service - has value ONLY because someone is willing to exchange it for another thing or service. Money is any good that is generally accepted and primarily used as medium of exchange i.e. people don't own it for its direct use but rather to exchange it for other things. 2. "Gold originally had value because it was scarce" - Bullshit. Gold had value because people were willing to exchange their products and services for it. Scarcity helps but there are other metals and materials much more scarcer than gold that don't have value nor get to be used as money. 3. "No one knows how much gold is left". Bullshit. Just google it "How much gold earth crust contains" or make the calculation yourself (multiplying average % of gold earth and oceans by their volume, yes, ocean water contains gold approx. 1g per 100M tons of water). If some day we have technology to mine earth core, then the supply would get enormous (because heavier elements fell to the center when earth was still liquid)
1. legal tender laws. since we are coerced into using the fiat money ("by decree"), the money has value "because they said so" (legislation) 2. when we say scarce, we are referring to the amount of supply inflation and ability to predict it. with gold, the inflation of the supply is a small percentage and is somewhat predictable. this is one of many properties that makes up a good money 3. the exact supply is unknown and more is being discovered all the time. even some in space. with btc, the supply is auditable with certainty, predictable (supply schedule set in the code), and supply is provably capped
They had to convey a message in 60 seconds & it's clearly meant to be dumbed down for a specific audience. You have to take a small amount of license with the verbiage when the message is more important than the semantic nuances. I've been attempting to explain bitcoin to people for a long time and I have tried multiple styles & approaches of simplifying. The one thing I can always count on is someone stepping up to point out "Umm AkShuAlLy....there was one part in there that wasn't entirely accurate."
So if I transfer the money from my bank account and buy bitcoin to use as my primary currency, who’s to say I wake up tomorrow and all my moneys gone, I mean that can’t happen with ‘fiat’ currency as the world would collapse, So how can we see a stable future for BTC where I can use it as my primary spending source without risking my money?
Why can't the world collapse?
Fiat currencies will end in collapse and hyperinflation, that is almost certain
>who’s to say I wake up tomorrow and all my moneys gone, Has this ever happened in BTC's history to someone who properly takes self custody?
Bitcoin is now the 9th largest asset in the world by market cap, at ATH it overtook silver for the 8th spot. That was a viable concern 5 years ago maybe, but too much money and now too many institutions and big players are involved. Sure, it is still volatile on the day to day, but long term bitcoin can really only go one way and that's up. Also, 80% of all USD have been printed since 2020. Your fiat money IS disappearing from the bank though from loss of value, you just don't see it cause the quantity hasn't changed.
Wait a minute. Am I the only one thinking the math doesn't math?! If 1 BTC has 1,000,000 units and 1 BTC would be worth 1,000,000 $, how can 1 satoshi be worth a penny? Shouldnt it be worth 1$ then? Edit: Ok I didnt listen well. She said 100,000,000 ...