Bitcoin 101 with Linda Hill (WiM114)
The "What is Money?" Show
00:00
Is Proof of Stake Better Than Proof of Work?
Bitcoin is in the middle of a bull run right now. There is no known way to secure the supply of money other than energy expenditure. The rich get richer, the poor get poorer until the entire economic network collapses. Proof of stake is inherently centralizing and prone to collapse. It's putting on the same moralistic camouflage as e s g and all this other bogus state narrative to climate lock downs. Decides, can you have people that put it into their account and then waste it? You can't have corruptible money that's not rooted in energy. That was a proxy for gold. And again, i think its matthew is like, to those who have, more will be
Transcript
Play full episode
