
The 7th Property: Bitcoin and the Monetary Revolution w/ Eric Yakes
Bitcoin Magazine Podcast
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FETI, Bitcoin Beach, and the Coin Beach? Yeah, Yeah.
Galloway is an extreme privacy solution and it's going to take a while to get there. The question is whether or not we have enough self sovereign people that acts as a deterrence mechanism against financialization and moral hazard, which Bitcoin enables for us to do. As long as we have services where people can be totally self sovereign, the question becomes what percentage of assets really need to be Peer-to-Peer? That's kind of one of the key risks that we'd be considering from that. But number two, if we do get to this final vision of global Bitcoin standard, there will always be institutions and people that will use centralized services in some form.
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