BCB155: JAMES CHECK — The Calm Before The Storm
Blue Collar Bitcoin
The Importance of Trust and Evolution in Bitcoin Development
This chapter examines the significance of trust and evolution within the decentralized nature of Bitcoin, highlighting the challenges of making changes while preserving community trust. It compares Bitcoin's approach to trust and decentralization with Ethereum, discusses the role of Bitcoin banks in the Lightning Network ecosystem, and explores the uncertainty of predicting Bitcoin's future price. The chapter also touches on strategies for Bitcoin investors and the shifting demographic of Bitcoin holders towards long-term stability and evolving custody practices.
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