114. Why Bitcoin Changes Accounting with Darin Feinstein
The Bitcoin Standard Podcast
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The Best Accounting Technology Ever Created
Bitcoin is the most important and best monitary technology that's ever been invented because it lives on the best accounting technology. The proof of work consensus mechanism, which in order to hack, you would have to hack all the notes that contain the entirety of the piccoin network - an impossibility. And so when you can't hack this network, not only do you have the first innovation in accounting and the first Innovation in monetary rtance, what happens? Well, nobody can take your big coins if you have them on your self custodian wallet,. Because the hackers can't hack it, and the government can’t hack it.
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