SLP313 Gigi - USD is going down to 1 sat & Bitcoin is Time
Stephan Livera Podcast
00:00
How to Create a Chain of Blocks in Bitcoin
Bit coin works as this sort of decentralized time keeping, in a sense. We have to keep track of the order of the transactions. And so there's a certain sense of causality in that chain. But we actually have to rely on some level of unpredictability in order to get that absolutely. It takes real physical energy and ibets it in the data, and this builds up ollthe time. For example, i view mempul, for example, as timeless because they are imbedded in the time chain. They have time assigned to them by bit coins which can't be written down or predicted.
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