I don't think Bitcoin will ever explicitly move to proof of stake. I could see it moving to de facto proof of stake, which would be a backdoor and proof of stake in one way or another. So there would still be mining. It's just that the mining wouldn't be done by purely economically interested entities. And they may be even losing money on the mining part, but it would be worth it because they have protocol proximity for MEV purposes.
In this episode, we're joined by Nic Carter, General Partner at Castle Island Ventures for a far reaching discussion around Nic’s thesis on Operation Choke-Point 2.0; the effort of every U.S. financial regulator to deny crypto firms access to banking services.
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