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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles
Lex Fridman Podcast
Is Bitcoin Durable?
Bitcoin relies on computing infrastructure, so if you were to destroy all the computers in the world, it needs mechanisms that store and transfer information. Every time you destroy Bitcoin miners, you're creating incentives for anyone else with access to electricity to mine because you're making the algorithm easier. So the destruction is difficult because of the decentralized nature of the whole thing. And by then we've got much bigger problems and money, right? That's right.
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