2min chapter

The "What is Money?" Show cover image

WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2

The "What is Money?" Show

CHAPTER

Proof of Stake Leads to Spatial Centralization

The network is naturally diffusing and dcentralizing via the incentives that are intrinsic to bit coin itself. So bitcoin's economizing the use of energy by basically allowing us to monetize under used or unused energy sources. And this is causing it to spread out spatially, if you will. It's not a matter of a top down plan, like determining who needs to beware. It's tis this microcosm of capitalism that is bit coin - deciding where it should be based on market consensus.

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