2min chapter

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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates

Lex Fridman Podcast

CHAPTER

Is the Free Market Enabled to Clear for Non Profitable Firms to Fail?

I think the real reason they sort of felt that they had to undo it was because they'd always plan to move to this proof of stake world where your political control over the system is a function of your wealth in the system. I mean, and then you would have had like what they thought was a malicious entity and control a lot of coins. That would be a ballsy move to bite that bullet. It kind of reminds me of the bailout of car companies. Yeah.

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