3min chapter

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

BTC099: Michael Saylor's Deep Dive on Bitcoin Energy Misconceptions (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Is on One Handed Example How to Do It

Vitalix: Bitcoin is on one handed example how to do it. Set the protocol January 3, 2009. Don't mess with it. I think ETH is the other extreme which is sitting here in a security protocol as a month old or a few weeks old. We don't know what will happen there. The monetary protocol is still not set. For example, what's the staking yield? Nobody knows. You talk about perverted incentive structures like you were describing earlier with lobbying and things like that.I could only imagine what type of infighting could potentially cause a split in some of those incentives because we're talking about a niche group of programmers working towards what update they personally want

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