4min chapter

The "What is Money?" Show cover image

Bitcoin Maximalism and Crypto Scams with Cory Klippsten (WiM184)

The "What is Money?" Show

CHAPTER

Proof of Work - The Only Way to Insure Money

Proof of work is the only known to give us high assurance of integrity of the money supply. That's what gold was, and that's what bitcoin is. Other networks like etherium are forced to adopt alternative consensus mechanisms at some point or at least feign to be doing so. To remainrel in the eyes of the market w were they trying to keep the pump going? Yes, it's that simple. Keep the pump going by moving the goal post.

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