Swan Signal Live - A Bitcoin Show cover image

Lyn Alden and Vijay Boyapati - E54

Swan Signal Live - A Bitcoin Show

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Bitcoin Mining Pool Centralization Hardware Production Centralization Mining Pool National State Attack

The main risk to watch out for is ones that are not acting economically and so I kind of talked about how you know I people overstate sometimes the risk of having you know the mining capacity that exists in China. If Bitcoin does not have a sufficient percentage of its market capization spent on security it becomes a little bit more vulnerable to those sorts of tail risks from from actors that are not necessarily economic whereas if it has developed a pretty persistent fee market it makes a much bigger operation to even attempt it.

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