SLP435 Bitcoin Times Austrian Edition with Svetski
Stephan Livera Podcast
00:00
Bitcoin Software and the Internet to Coordinate Cryptocurrency
Bitcoin is an open source protocol for a peer-to-peer network engaged in cryptographic verification using proof of work. We're using Bitcoin software and the internet to coordinate in a way where previously you needed all these other things. It's like how much energy does that use so that you and I can go down to the cafe and buy a coffee? The technology of money sort of enables it.
Play episode from 39:12
Transcript
