2min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden and Vijay Boyapati - E54

Swan Signal Live - A Bitcoin Show

CHAPTER

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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