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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates
Lex Fridman Podcast
Bitcoin by Contract - The Most Aggressive Land Grab Ever
The Bitcoin circulated for a long period of time from January 2009 to about July 2010 without really having a financial value. There weren't really any marketplaces. And so that gave it this great distribution among a broad set of stakeholders. Now when you have new cryptocurrencies launched, they're aggressively pre-mind and some gigantic Silicon Valley venture fund is going to own 30% of it. That's just so oligarchical. It's unbelievable.
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