Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)
The "What is Money?" Show
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Bidcoin Base Layer Protocol
Bid coin to scale in terms of payment per second, it has to scale through layers. You cannot get rid of this trade off at the base layer. We need 21 million and we need de centralization. These are the most important properties of non state money. That's what the bit coin base ler optimizes for. But to get it a circulating as a more effective medium of exchange, bickon has to scale at higher layers.
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