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WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2
The "What is Money?" Show
Bitcoin Is a Motor of Sovereignty
Sailor described bitcoin mining as a motor of sovereignty, which i thought it was really interesting. In doing so, you've given them an incentive and disincentive scheme to basely optimize for bidcoin's success - itself empowering the sovereignty of individual holders. So we're talking about, you know, the power of choice. U is the power of force. And i think that it's just more energetically efficient to have a system based on voluntarism than on involuntarism.
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