3min chapter

The "What is Money?" Show cover image

The End of Digital Tyranny with Chase Perkins (WiM244)

The "What is Money?" Show

CHAPTER

Bitcoin Lightning Network - The Double Spin Problem, Right?

The Bitcoin implements these principles in an unstoppable way or a very difficult to stop way at least. You can send something with finality and actually give up possession of something and send it to someone else that they take full possession of it, which was never possible prior to Bitcoin. So layer one is universally resolvable, right? So I transfer asset to you. It's something of value to you. And because of that incentivize transmission and payment system,. We now have distributed compute that's not in the hands of anyone party without this incentive structure.

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