2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC137: Bitcoin Functions Like A Biological Network w/ Brandon Quittem (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Layers in Bitcoin

Goll's Law states that to make a complex system, you need to start with a simple system. In biology in the biology layer, it might be the virus bacteria, fungi, plant, animal hierarchy. And so bringing that to Bitcoin, and we can take at the alternatives to Bitcoin if we even want to call on that afterwards,. But Bitcoin is very, very simple; It produces blocks. That's all it really does. If you want to do a visa type payment network, like the lighting network on top of that, that would make sense. You wouldn't want to combine a central bank with Visa, right? Those are totally separate layers with different functions.

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