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Disbelief Stage, No Recession, Culture vs Technology - Daily Live 1.30.23 | E309

Bitcoin & Markets

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Bitcoin's Incentive Structure Will Take Care of All This

It takes no update to Bitcoin at all. You can use Bitcoin the way it is now. It's just that the nodes or the people that are using this extra protocol, they would have to run extra equipment and or trust a third party. So I think it's a lot of hoopla about nothing, but we'll see. We'll see how this grows. There's going to be no hard fork to make this impossible. And lastly that, you know, Bitcoin's incentive structure is going to take care of all this. so we don't really have to worry too much about that.

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