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CRYPTO 101

Ep. 35 - What is SegWit 2x

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 11 October 2017

⏱️ 17 minutes

🧾️ Download transcript

Summary

*** this is not financial or legal advice*** Bitcoin (BTC) is looking like it will go through an other hard fork on November 18th. What does that mean, and is it a good thing? Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: Steve Lin: Lily Allen - Chinese (Vocal Remix) https://soundcloud.com/stevelin/20150805-lily-allen-chinese-vocal-remix Steve Lin: Mr. Ray 2 https://soundcloud.com/stevelin/mrray-2 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

Yo, yo, welcome to Crypto 101.

0:21.6

This is Matthew Aaron.

0:22.6

And today we're going to talk about Segwit 2X.

0:25.6

What is Segwit 2X?

0:27.6

And let's just start that.

0:29.6

Segwit 2X is another hard fork.

0:31.6

This hard fork is going to start or initiate around November 18th.

0:38.0

Now, remember, we just had a hard fork not too long ago, August 1st.

0:42.9

And if you remember what happened to the market leading up to this, well, this was like

0:46.7

the first time this happened.

0:47.7

So everybody was, didn't know what to expect.

0:49.6

Everybody is a lot calmer now for sure.

0:53.4

Yet, there are some people saying there's some pros to this and some

0:58.8

kinds there are people supporting and not supporting i got an email the other day from a listener

1:05.1

and he said what should we do with our bitcoin before the hard work should i keep it in my wallet

1:10.8

should i move into an exchange if you are holding bitcoin do with our Bitcoin before the hard fork? Should I keep it in my wallet?

1:12.6

Should I move into an exchange?

1:18.2

If you are holding Bitcoin, do not do anything until we have all the information.

1:22.8

Information will start coming out from different companies, BitTrex, Polonex,

1:28.6

Coinbase, surprisingly, sent an email saying that they're going to support the hard fork and give you equal shares of Bitcoin gold and Bitcoin, even though they did not support Bitcoin

1:35.9

cash.

1:37.6

They say it's a customer service thing.

...

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