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Bitcoin and the Sanctity of 21M | The Twilight of Gold Series | Episode 2 (WiM130)
The "What is Money?" Show
The Proof of Work System
Dollars get their value from the thread of confiscation. To pay your debts, your car payment, your house payment, you actually have to work and compete for dollars. A proof of stake system enshrines with total power, the current people who are in control of the system. And it's a proof of work system that has escape clauses that are exploitable by the people who control it. So i just hate it. It makes me sois so frustrating"
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