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3 EASY Things Every Bitcoiner Should Do (But Most Don't) | Bitcoin Straight Up | YouTubeToText
YouTube Transcript: 3 EASY Things Every Bitcoiner Should Do (But Most Don't)
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Bitcoin was supposed to take power away
from banks and corporations. So why are
companies like Black Rockck and Strategy
now holding more Bitcoin than entire
countries? There are three simple things
that could change Bitcoin's future. And
you can do all of them today. But here's
what most Bitcoiners actually do. They
buy Bitcoin on Coinbase, leave it there,
check the price 47 times a day, post
have fun staying poor on Twitter.
Meanwhile, the three simple things that
could really help Bitcoin
Most people just haven't gotten around
to them yet. Now, the three things I'm
about to show you are all important, but
there's actually one thing that matters
more than all of them combined for
Bitcoin's future. I'll be honest, it's
not as simple as the first three, but
I'll explain why it might be the most
important thing any of us can do. First,
let's start with the basics. You've
probably heard,
>> if you don't control the keys, it's not
your Bitcoin. Your keys, your Bitcoin.
Not your keys, not your Bitcoin.
>> Everyone knows this, but many people
haven't taken this step yet. Often
because it seems complicated until you
do it. But here's why this really
matters. First, exchanges fail. FTX,
Mount Gox, Celsius. When they go down,
your Bitcoin disappears forever. Second,
you don't actually own it. On exchanges,
you just have an IOU. They control the
keys. They control your Bitcoin. They
can freeze your account anytime. And
third, every bitcoin on exchanges
strengthens the centralized system you
wanted to escape. According to Glass
Node, approximately three million
bitcoins sit on centralized custody
exchanges and ETFs combined. That's
about $315 billion not truly owned by
the people who think that they do. But
it's too complicated. Actually, it's
more straightforward than you might
think. Buy any hardware wallet, Treor,
Cold Card, BitKi, whatever. When it
arrives, go on YouTube and type your
wallet name tutorial. It's honestly as
easy as setting up a Facebook account.
Remember how intimidating it was to
learn to drive? Now you do it without
thinking. And it gives you so much more
control over your own life. It's just
daunting because it's the unknown. Look,
you don't have to move your entire
stack. Start with an amount that you're
comfortable with. Just prove to yourself
you can do it. This is by far the most
important step for every Bitcoiner to
make. If you've watched any of these
previous videos, there's a chance you
have bought Bitcoin to escape the
traditional financial system. Yet, many
are still letting someone else control
their keys. When you leave Bitcoin on
exchanges, you're literally
strengthening the system you're trying
to escape. So, first up, hold Bitcoin on
cold storage. Now, here's something that
might surprise you. Even people who do
self- custody often miss this next
opportunity. Actually spend some.
Because when we never spend Bitcoin,
we're accidentally telling the world it
isn't actually money. It's just a
speculative asset. You don't need to
spend your entire stack. You can spend
and replace. Spend $20 worth, then
replace it with the fiat that you would
have used. Real world uses increase
demand, encouraging more people to
accept it and use it. But nobody near me
accepts Bitcoin payments. So what can I
actually do? First, download a lightning
app like Strike, Wallet of Satoshi, or
Bitkit. So, whenever the opportunity
comes, you'll be ready. You can also
find businesses that accept Bitcoin
using bitcoinmap.org.
And did you know you can use bit refill?
You can find this on the Strike app to
buy gift cards or top up your account
for places that you normally spend
money. The infrastructure is growing
fast and more people are starting to use
it every day, including whole
communities who literally live on a
Bitcoin circular economy. The Lightning
Network processed 100 million
transactions in quarter 1, 2025, which
was a 28% jump from the previous
quarter. Here's the thing, though. We
have this amazing infrastructure being
built, but many of us haven't had the
chance to try it out yet. Even buying a
coffee with Bitcoin does more for
adoption than tweeting Bitcoin fixes
this a thousand times. Every transaction
proves Bitcoin works. Every purchase
creates demand. Plus, when you spend
Bitcoin and it actually works smoothly,
you become the best advertisement
Bitcoin could ask for. Okay, you've
secured your Bitcoin and you found a way
to spend some. But before I show you the
one thing that has the biggest impact on
Bitcoin's future, there's one more
simple action that costs 0. I'll be
honest, this one may feel awkward at
first, but it's surprisingly effective
over time. Walk into your local coffee
shop, restaurant, or store.
>> Do you accept Bitcoin? I still know.
>> You know, you can save on the seeds though.
though. >> Yeah,
>> Yeah,
>> you can actually just download it on
your phone.
>> That's it. Just plant the seed. You
don't need to convince them they're on
the spot. Just making them aware the
option exists is a massive improvement.
Bitcoin Map shows there's around 18,000
businesses worldwide accepting Bitcoin
as payment and that number keeps
growing. If anyone asks you for more
information, you can point them to
companies like Bridge to Bitcoin. They
have more information and support for
any questions they may have. I've
personally had friends with businesses
who have either started accepting
Bitcoin payments using apps like Wallet
of Satoshi or are seriously looking into
it for e-commerce. Every conversation
matters. Every future purchase creates a
success story they can share. And that's
how a network grows, one person at a
time. All right, here it is. The thing
that would have the biggest impact on
Bitcoin's future. The thing that
actually keeps Bitcoin decentralized and
secure isn't buying it or spending it.
It's becoming part of the network
itself. Do you know what I'm about to
say? Running a Bitcoin node. Here's why
this matters more than anything else.
Running your own node means you become
part of the network that keeps Bitcoin
decentralized and you can verify
transactions yourself without trusting
anyone else. There's no banks, no
payment processes, no one else involved
in your transactions. It's literally
like handing cash to a friend but
online. Eventually, you can route your
own transactions through your node
instead of relying on other people's
infrastructure like Coinbase or Binance.
I know that might sound technical and
intimidating, but it's easier than you
might think. You've really got two main
options. The easy way, just buy
something like the Start 9 or Umbrell
with everything pre-installed. It will
cost a few hundred, but it's basically
plugandplay. I'll link a setup tutorial
below. Or you can go the DIY route. Use
your existing computer and watch the
5minute tutorial I'll link below. But,
and this is important, you'll need an
SSD hard drive to store it. I tried it
on a regular HDD and it took over a week
to download then crashed and I had to
start all over again. Running your own
node is exactly what Jeff Boo means when
he says
>> we are both the map and the territory.
>> In simple terms, instead of relying on
banks or governments to control our
money system, the territory we become
the actual infrastructure, the map that
makes Bitcoin work by running our own
nodes. Here's why this really matters.
If it stays decentralized and secure, it
is repricing that entire system.
>> He emphasizes the if, not because he's
worried about it getting centralized,
but because he wants us to figure out
how to keep it secure ourselves. In
other words, individual actions like
running nodes and self-custody keep
Bitcoin secure and thousands of people
are already doing it and the number is
growing rapidly. Hence, it keeps getting
more decentralized and more secure.
Okay, slightly techy disclaimer here,
but I think it's really needed. I also
need to mention something that I didn't
cover in my previous video. There is
another real risk to Bitcoin at the
moment, and it is node centralization.
Remember, centralization is basically
the common thread for all the real risks
that exist to Bitcoin. It's been quietly
happening and it's actually become way
bigger since I actually made the video.
But before you worry, here's the really
important thing to be aware of, which
really proves how minuscule these risks
really are. The Bitcoin community is
incredibly aware of all of these risks
and they adapt fast. See, Bitcoin core,
which is the main software used for
running Bitcoin nodes. Notice how over
99% of all nodes running were using
Bitcoin core just last year. Core has
been allowing more and more spam onto
the network, which basically just uses
up way more storage space when you're
running a node. That means that you're
going to need bigger hard drives, aka
more expensive equipment to store
everything. This just makes it harder
for regular people like you and me to
run nodes and more costly. And when
fewer people can afford to run nodes,
the network becomes more centralized.
Exactly what we don't want. But look
what's happening. Bitcoin not which is
another node software which is better at
filtering out spam and allowing only
real money transactions through has gone
from around 3% to over 17% of nodes in
just the last few months. People are
switching because not keeps Bitcoin
focused on what it's supposed to be,
money, not a storage system for junk.
This is exactly why I say the risks are
minuscule. The Bitcoin community sees
problems coming and takes action to fix
them. That's how we keep Bitcoin secure
and decentralized. I'll link a couple of
videos below if you want to learn a bit
more about this. Right, this sounds
great, but here's what I still worry
about. Will normal hardworking people
benefit from Bitcoin in the short term
or just the big institutions? You know
what would be disappointing? Bitcoin
hits millions of dollars per coin, but
it's just digital gold sitting in
corporate vaults while regular people
still can't use it for daily
transactions. Sure, your number might
have gone up, but the truly global free
market that could help everyone see
video 6 is still decades away. So, the
choice is yours. You can help build the
first global free market in human
history that no government or
corporation can control or keep playing
their game while they decide what
happens to your money. We're literally
living through history right now and
most people have no clue. Think about
it. Every revolutionary technology faced
the same criticism. Mobile phones would
never replace regular phones. They're
too expensive. The internet would never
replace newspapers. Even Thomas Edison
said electricity was a waste of time,
nobody will use it ever. But they all
won because when something solves real
problems, it takes over. There's
actually a rule like a law of nature
that explains how these worldchanging
inventions spread. And many Bitcoiners
haven't even heard of it yet. Once you
see this pattern, you'll understand why
every country trying to ban Bitcoin
actually makes it stronger. To see why,
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