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Rabbit Hole Recap: Bitcoin Week of 2021.09.27

TFTC: A Bitcoin Podcast

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Is Bicoin a Reverse Incentive?

Every state is backed by individuals. Every locality is, you know, if you go down smaller, every township is backed byindividuals. But i would start with that when i look around after big coin, after i discovered big coin, i realize how important incentives are. If we can improve the incentives, then we have a better world. Yes. That bicin not only fixes tat the perverse incentive system in the fiat try system, a product of bickwatand and its security model, particularly proof of work. Since it's so energy intensive, with a proof of work mining andn the necessity to produce a certain amount of hashes, toto add a block of transactions

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