Cosmic Bitcoin - The Bitcoin Reformation w/ Tuur Demeester
Bitcoin Magazine Podcast
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The Rise of Proof of Work
Ethan Jenga: I fully agree on that proof of work solved so many problems, including, you know, a decentralized clock. It really did the monetary policy to a way that was never possible with previous stock, you know,. systems. He says people who are late because it's of course the system where you have got to wait in line and whoever staked their money the latest, which is retail, will get the short end of the stick. "I'm just saying that this system is so fragile, they got to keep making it," he adds.
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