Ep. 35 - What is SegWit 2x

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, News, Tech News, Investing, Business News

4.3 • 841 Ratings

🗓️ 11 October 2017

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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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 Our Sponsors: * Check out Mars Men: https://mengotomars.com * Check out NPR: https://npr.org * Check out Quince and use my code quince.com/crypto101 for a great deal: https://www.quince.com * Check out Scribe and use my code Scribe.how/CRYPTO101 for a great deal: https://scribe.com/Crypto101 * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com * Check out Webroot and use my code webroot.com/crypto101 for a great deal: https://www.webroot.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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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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