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030 - Knut Svanholm: Seafaring, Praxeology & Bitcoin Spirituality
Free Cities Podcast
The Resistance to Replicability of Bitcoin
Bitcoin forks or shit coins in general are a metaphor for Bitcoin. They're games that really don't have the network effect but that Bitcoin does. And if you see it that way then like you the thing is that you have an economic incentive to follow the ruleset which has the biggest network effect. So everything in Bitcoin is a human being at its core. It's backed by human action, which requires energy. But still the network requires human beings and their decisions that human beings made by their own free will in order to function at all. Otherwise it's just code salad.
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