AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
6min chapter
WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life
The "What is Money?" Show
Having a Human Resources Department in a Bank
In bit coin, the security is intrinsic to the network. It's basically built into the protocol. And then we get to facilitiesat tha, the fod bank has to go and have a facility the middle of new york city. But if you're running a miner and you don't pay your electricity bill, you get pushed off the network. So the network is self healing, self sealing, self up grading. In the bicoin world, whereas in the fiat banking world, it requires human intervention to do all these things. Oh, complicated. We're doing it. What's the next step? While security in a real bank, i've got to have security professionals.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode