Join Bitcoin University Premium:https://www.bitcoinuniversity.comIn this video, I discuss how any ban on Bitcoin "unhosted wallets" or "self-hosted wallets" is essentially a ban on tossing a coin 256 times and writing down some zeros and ones on paper.A 256-bit number or Bitcoin private key can also be represented as a QR code or as a 24 word list, so you'd need to ban those things as well.If I flip a coin, generate a private key, and generate a Bitcoin receive address, I don't even need to be online to receive Bitcoin from you into my "unhosted wallet." I can also convert the Bitcoin receive address to a QR code and paste it all over town using flyers.If you want to ban Bitcoin, you should start by banning math and pieces of paper.Not investment advice! Consult a financial advisor.Coin flipping:https://en.wikipedia.org/wiki/Coin_flippingBIP-39 Seed Recovery Phrase Words:https://www.bitcoinsafety.com/blogs/bitcoin/seed-phrase-listUnhosted wallets and self-hosted wallets:https://www.theblock.co/post/213380/self-hosted-wallet-ban-avoided-in-new-draft-of-eus-anti-money-laundering-billhttps://www.nobsbitcoin.com/elizabeth-warren-wants-bank-secrecy/Using dice rolls with your Coldcard:https://coldcard.com/docs/verifying-dice-roll-math/I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=Qv_4vWS2q98