2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC140: Game Theory and Bitcoin w/ Scott Lindberg (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Understanding Moore's Law

I think that that's I mean there's a reason none of this proof of stake stuff. Any Bitcoiner that really understands why it works was like, Oh, well, they're done right like immediately, but that's not going to work long term because your incentives are now dislocated from physical reality. The other thing that I that I would just add on to that is you talk you called it the governor or the difficulty adjustment. I think it's just so important and it really goes to whoever this person was that designed this had to have understood Moore's law 10 years into the future.

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