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#281: Chinese mining theory, bitcoin divisibility, and UTXOs with John Carvalho

TFTC: A Bitcoin Podcast

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The Importance of Proof of Work

I just do not support block chains as a design through my own research, i just do not think they scale. Even the word block chain is just like a huge fucking miss nomer that we probably should ha never been marketing widelyly. We probably shoud have stuck with time chain. Becaue tiye, really dry. I don't want to see a soft work but coin and add more assumptions and more risks and more trade offs and more potential debasements or whatever kind of weird things. Yes, i mean, i'm sr, cause wanto speak more eloquently onside changeer, just can't. And he would' obviously know better about his own thing

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