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EP13 Trent McConaghy: Blockchain, AI and DAOs

The Jim Rutt Show

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Blockchain and Bitcoin Networks

I still wonder whether trustlessness is worth the cost right it's almost a religious issue with a lot of people in the blockchain world that we have to have this radical trustlessness uncentrability etc. Bitcoin network costs something on the order of five percent of its market cap to operate each year by the time you count mining and transactions that's nuts. I think all of this will come to bear in the next two or three years and these technologies are rolling out as we speak, he says.

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