Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)
The "What is Money?" Show
00:00
Bitcoin Mining
As the network becomes a more constant within the plans of capital alligators, which is to say, it's larger, its more robust, less likely to failright? So as kind of forcing everyone to develop a bitquin strategy. And what this does now is it starts to actually blow up that spatial and temporal bubble we talked about in the last two episodes,. A such that if you want to come into the bitcoin mining game and mount a 51 % attack, you're now competing with all these other technology fabricators who are incentivized...to plug their production into bitcoin mining and generate profits from them.
Transcript
Play full episode
