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BTC109: Bitcoin Taro, GBTC Discount, & More w/ Pierre and Morgen Rochard (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Bitcoin
I think what the critics would say is that Bitcoin is changing every four years with the habit. And so the economic incentives are changing because you're cutting the subsidy in half. But I think what they miss is that this subsidy has no effect on transaction finality. It also has its purpose is purely about preventing seniority. We need to do it in a way that is costly so that there's no free money being handed out, right?
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