3min chapter

The "What is Money?" Show cover image

WiM047 - The Saylor Series | Episode 11 | The Failures of Fiat

The "What is Money?" Show

CHAPTER

The Immutability of Bicoin Mining

Bicoin is an emergent property. People say there's nothing that's absolutely immutable short of being god. Is not absolutely mutable. But as bick coin becomes more decentralized, the thermo dynamic inertia of the thing, increases,. and it becomes more immutable. When there were a hundred holders, it was something. When there was a million, it was more immutable. There's a hundred millionhes more immutable when the bicoin mining spreads further. The more it reproduces, the more it it spreads, te the more decentralized it gets, the more immutable it gets. And therefore, the higher degree of confidence you can have in the integrity of the entire thing

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