3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC120: Preston's Top 5 Bitcoin Fundamental Moments, w/ Michael Saylor, Jeff Booth, Gigi, Alex Gladstein, Cory Klippsten, & Pablo Fernandez (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Proof of Work Requires Human Judgment

I'm starting to lose my patience because Bitcoin has been around for a very long time. Why are you trying to print your own money? It's all unethical. We want to remove humans from the equation when it comes to the very moral and ethical question of money production. Who can stop the money flows? Who can freeze their accounts? Who says what is true and what is not? And Bitcoin and proof of work, it uses physics and mathematics and something you cannot cheat. All the other systems like proof of stake and also the current fiat system,. It's all the same thing. It's a quorum of people that decides what's true. It's the central bank. Just look

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