Bitcoin Ossification Debate with Vijay Boyapati and Reardencode SLP583
Stephan Livera Podcast
Bitcoin: Ultimate Scarcity and Decentralization
This chapter delves into the economic significance of Bitcoin as a protocol for value transfer with its ultimate scarcity of 21 million coins, comparing it to gold. The discussion emphasizes trust in Bitcoin's inflation schedule, the importance of decentralization, and the implications of holding Bitcoin in a non-custodial way. Debate also focuses on the concept of ossification in Bitcoin development and the potential future where most individuals may interact with Bitcoin through financial institutions while only a privileged few control their coins.
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