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ROLLUP: Gary Gensler Grilled at Congress Committee Hearing
Bankless
Bitcoin's Security Budget Problem
If you want that unfortable costliness, which is baked into gold at the periodic table level, on Bitcoin, you actually have to issue more Bitcoin to pay for it or make up for it in transaction fees. That's why we have said for a very long time before I think this was more widely known. The only way for Bitcoin to solve this is really to migrate to proof of stake.
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