3min chapter

Citadel Dispatch cover image

CD102: Bitcoin is the Best Money with Adam Back and Jack Mallers

Citadel Dispatch

CHAPTER

The Importance of Silk Road in Bitcoin's Success

I think the Silk Road was at least for me and my dad and like was so important to Bitcoin being successful. You have to solve this liquidity problem, you know, like Adam is calling it bootstrapping. It's a really misunderstood part of the story, in my opinion. I'm wearing my BTC Pay tag, which I think is crucial to having a robust censorship resistant circular economy where you don't have to rely on centralized third parties with goods and services.

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