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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
Lex Fridman Podcast
What Is Bitcoin and What Are the Fundamentals of Bitcoin?
Bitcoin is the protocol for conveying value through communications channel. The name of the asset, the sort of monetary unit, circulates within the system. It's like you've got uppercase, Bitcoin, lowercase, Bitcoin. Why didn't Satoshi just give them different names? He chose to distinguish them in Bitcoin for whatever reason. They're not distinct.
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