46 - Vitalik Buterin on Why Proof of Stake?
Bankless
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Bitcoin's 21 Million Dilemma
This chapter examines the philosophical and practical implications of Bitcoin's fixed supply cap of 21 million coins. The discussion highlights potential fractures within the community as evolving demands challenge its rigid structure, along with how various mindsets in the Bitcoin and Ethereum ecosystems shape their governance and adoption. It critiques the community's shift from core values of decentralization towards a price-driven mentality amidst growing institutional acceptance.
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Transcript
