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Rabbit Hole Recap #260: Larry Fink Comes Out of the Closet

Rabbit Hole Recap

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The Importance of Proof of Work in Bitcoin

I think most people that own Bitcoin understand the, at least the big picture importance of proof of work because like pretty much everything else is a proof of stake. But if you're on the left side of this bell curve and you're sending Bitcoin payments on noster, there's people that just never spend Bitcoin. They're not using it as an actual censorship resistant digital cash. Like good money should be, you should be able to save it and spend it at will without permission. So teach their own. I don't think you need to know.

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