4min chapter

Duncan Trussell Family Hour cover image

502: Dr. Drew and Paulina Pinsky

Duncan Trussell Family Hour

CHAPTER

Economic Majority and Plutocracy in Bitcoin

The speakers discuss the concept of economic majority in Bitcoin and how it operates as a plutocracy. They highlight that in a contentious fork, the side with the most economic power wins, regardless of moral arguments. They argue that while Bitcoin may not be affordable for poor people, they will still use it through layer two solutions.

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