2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of a Strong Foundation in Bitcoin

You want to have a very strong foundation, especially when we're talking about monetary systems. The more complexity you add into that system before first getting it stable and functional, you're just adding more risk on top of it. It really comes down to risk and introducing unknown or unknowable risk into a system by adding complexity on top ofIt. If it's not that important to you, by all means, go crazy, be innovative. But what Bitcoin gave us is a very strong, verifiably strong foundation that then allows us to innovate on top ofit without causing any permanent damage to that underlying foundation.

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