Bitcoin Will Make You Rich In 2024, But NOT HOW YOU THINK

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Lark Davis Crypto Portfolio & Disclosures

00:00 Intro
00:46 BRC20 Revolution
03:52 Controversy
05:41 Get Rich With BRC20

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You are using Bitcoin wrong if you want to get rich in 2024 simply buying Bitcoin in the hopes the price is going to go up it’s probably not really going to cut it anymore oh you’ll make money but you’re not going to get rich if you want to acquire real wealth with Bitcoin

Let’s face it if you can afford to buy one Bitcoin today at 40 $445,000 whatever it is time you’re watching this video then congratulations because you’re probably already kind of Rich assuming Bitcoin is only around like 5% of your total Investment Portfolio then you’re probably sitting just an Investment Portfolio worth what a

Million bucks yeah you’re doing okay for everybody else it’s not really an option requiring you to think outside the box a little bit if you want to get rich with Bitcoin in 2024 this is where Bitcoin Layer Two comes in this is the biggest opportunity to get rich right now with Bitcoin has

Basically existed in a decade fade this trend of BRC 20 tokens at your peril and especially if you’re that guy and you’re still trying to get your first Bitcoin then listen up remember when ethereum was just plain old boring eth back in the day there’s no def5 there’s no layer

2s there’s no meme coins no nfts no Unis swap just a token with the promise of smart contract someday well the introduction of layer twos really kicked the door wide open for ethereum users that is to say applications on top of ethereum giving us more opportunities to

Get well richer than ever with eth well guess what that same door is currently being kicked wide open on bitcoin thanks to the invention of the brc2 technology this new tech inscribes individual satosi the smallest units of Bitcoin with spark contract data making Bitcoin more versatile than ever before

Despite the decade long rumor that ethereum was designed as like a layer two for Bitcoin which of course it wasn’t the truth is that vc20 technology has been released and was actually discovered interestingly back in 2017 it was Bitcoin developers who said no way they reduced the amount of data that

Bitcoin was capable of holding but you can’t keep a good idea down forever bringing us to the last year when the introduction of BR c20s created billions in new trading volume and New Wealth for Bitcoin and Bitcoin holders and the beginning of an entirely new way to get

Rich in the Bitcoin ecos system turning Bitcoin kind of into like a new ethereum which is kind of crazy to say after all this time unlike of course the failing adoption of the lightning Network so much promised never really took off in a big way vc20 though is being weled with

Wide Open Arms by crypto communities and companies taking this new tech from an experimental Niche to potential mainstream adoption and guess what you’re super early if you’re watching this video while compatibility outside of Bitcoin of course remains limited there’s no doubt that brc2 has presented us with well a very new and interesting

Opportunity to make the big kaching kaching with Bitcoin but as so often happens in Bitcoin it is not without its controversy before we talk about that if you’re not yet signed with the wealth Mastery newsletter that I got news for you you are missing out what are you

Waiting for this is the most Alpha packed newsletter in the entire cryptocurrency industry weekly updates on stuff like vc20 tokens as well as altcoin Alpha crypto news yeah we cover the news in the newsletter I know wild defi airdrops some of the air drops we’ve made have made tens of thousands

Of dollars already join our 100,000 plus weekly readers by signing up for free link down below back to bitcoin so of course with every Innovation comes opposition and just like back in 2017 some community members and some developers they are not happy with brc2 tokens at all they want to shut the

Whole damn thing down calling this new technology nothing more than spam on the network they don’t like it so far their attempts to remove this from Bitcoin have backfired you’re not using Bitcoin the right way guys calling to of course the question of true decentralization of

Bitcoin if they were to get their way and yes again developers are saying yeah brc2 is nothing more than spam look they’re increasing transaction times look they’re increasing the fees although miners are making more money so that’s a POS positive but look there’s no denying that brc2 have opened up a

New chapter a new use case for Bitcoin and it’s something not to be easily dismissed if you ask me in fact by the time we’re all long gone and all the Bitcoin has been minded a Bitcoin Layer Two or a very vibrant Bitcoin layer 2 ecosystem very viant token ecosystem

Would help keep incentives high for longer for miners to continue maintaining the network and keeping security High which is exactly why ordinals has been such a success so far making collec frees from brc2 transactions more profitable than block rewards for the first time in years with over $150 million in fees collected by

Minor so far anyone who’s trying to shut down or destroy brc2 it’s just for personal ideological reasons it’s not what the community wants it’s not what Bitcoin you just want they want the rc20 because of course the more money stewards of a network can make obviously the more appealing it is to continue

Participating Community wins miners win everybody’s winning except for some salty developers growing the usage and versatility of Bitcoin is in the best interest of anyone if you ask me and now that we’ve got okay all that out of the way right that’s what it is now it’s

Time to talk about okay Lark how do I make the K kaching kaching kaching with this new technology first thing in is wallet with funding from binance labs and other major crypto companies you probably want to check out unisat Unis set’s currently the best Gateway into the Bitcoin layer 2 ecosystem there are

A few other options out there of course but unisat is kind of the most userfriendly wallet available and one getting kind the most adoption everyone’s kind of ending up on unap you’ll find a link for that one down below in the description creating a brc2 wallet follows the same process as any

Other Bitcoin or crypto wallet requiring you to do all the usual stuff verify your passphrase safely store your private Keys yada yada yada the only difference here is that you’ll need to choose the Tap Root op option as the final step when creating your new wallet

Now once your wallet is set up it’s time to fund it you can either use the copy tab next to your address or click receive to get your QR code paste this address into the wallet that you want to receive funds from and hit send or of course from a centralized exchange that

You’re sending funds from no Hoops required nothing crazy very simple to fund your wallet now once you got some BTC some Bitcoin sitting in your newat wallet you’re ready to go you’re ready to start experimenting having fun we’re going to focus on two main ways you can capitalize on this new opportunity the

First is through inscriptions so you can just head over to unisat and choose the inscribe option this is a super easy way to create and sell your very own nfts name your Satoshi or launch a token have some amazing art IDE is go check it out might be worth your time

Could be the place to do it the default option lets you create Bitcoin nfts by uploading images video even audio files even entire applications pretty crazy thus allowing you to develop anything that you’d like to sell on the unisat marketplace now the next option is of course creating your own domain name

This lets you imbue those SATs with unique domains that can then be sold for a healthy profit hopefully of course hopefully all this stuff is not without risk obviously investing crypto is risk you can lose all your money next is naming Satoshi now this option lets you create rare and

Unique sets that can be shared and sold later on lastly and perhaps the best way to get rich to make it big in the brc2 Gold Rush creating our own brc2 tokens perhaps similar launching a smart contract on ethereum here’s where you can actually go and mint the name sake

And the amount of tokens that you’d like to create or to transfer using the Bitcoin Network now you might be thinking how is this supposed to make me Rich Lark come on man well I’ll tell you this glad you asked by the way you’re supposed to sell them of course with individual

Inscriptions already selling for more than 10 Bitcoin crazy stuff right The Economic Opportunity is 100% sent there for early adopters obviously that’s how you can make your own ones you can also buy other people’s and flip and speculate on them and find serious teams doing serious stuff right so far bc20

Has been one of the big trends in Bitcoin the last year and major auction houses like SES are already out there riding on that train riding that brc2 train your potential in this new Marketplace is limited only by your imagination those who put in the time

Put in the work to find the new hot things even try to make some of your own stuff stand a good chance to reap reward Wards in the future and if you’re not the creative type no worries because that second option has you covered too you can find the next hot brc2 project

Or ordinal by taking the time to try to analyze the marketplace find out what the next big hot things going to be and you get in early and Buy Low sell High you already did your research you know exactly what you’re looking for right then you use the tab and search bar to

Find what you want to buy and then you buy it not sure what projects are available well use the BR BR rc20 option to find new and existing brc2 tokens based on their current stats now once you find the project that you want to invest in of course click on

The trade button and make it yours another great way to find potential profits is by scrolling to the bottom of the marketplace now here you’re going to see the different projects with the most upward Bry potentially say not to say the safest mind you but you can find out

What’s trending in the market as well what you shouldn’t do is totally set on the sidelines waiting for this new ecosystem to just go away because it’s probably not gonna go away it’s probably gonna go up also do you want Bitcoin aird drops Bitcoin aird drops what well

Good news because they’re here and they’re happening holders of early ordinal collections like Bitcoin punks are already making thousands and thousands of dollars on aird drops it’s happening man with AI predicting big things for the brc2 ecosystem this year with lots of money coming into the fundraising space for different Bitcoin

Layer 2 stuff Bitcoin layer 2 could be an incredible opportunity for those who are getting in early if you love Bitcoin you might not want to miss out on this opportunity all right and that’s of course just the brc2 craze the next year is also going to receive the release of

All kinds of stuff so many new layer 2 networks coming out bringing a new range of dii protocols lending Market markets and perpetual dexes and all this kind of stuff coming to bitcoin 2024 is going to see a long-waited and much welcome explosion of new ideas new Innovations

And new technology happening on the Bitcoin Network and as with all Trends early adopters tend to be the ones to be the biggest winners so good luck and have fun and one final note here too this is all fun more risk obviously than just holding your Bitcoin if you don’t

Want to take those additional risks you don’t have to you don’t have to ape into every new narrative but here it is here’s how to do it if you want to do it obviously ape safely you can also just watch from the sidelines hold your Bitcoin for the long term and just chill

That’s also something you can do okay but here it is for those of you who want a little more Adventure in your lives have Fun