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#281: Chinese mining theory, bitcoin divisibility, and UTXOs with John Carvalho

TFTC: A Bitcoin Podcast

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Is the State Having a Monopoly on the State?

"I just like seeing how things were during the trump election, iwas like, this is just not my place," he says. "i also don't like the current trend within biccoin culture of courting politicians." The state has a monopoly on violence that it can use to crack down on big coiners and network itself,. But if they go full tot totaltery or start attacking individual Big Coiners, there's no way for them to do anything about it.

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