
Bitcoin Mining Death Spiral, AGI, and the End of Central Banking w/ Rich Rines
The "What is Money?" Show
00:00
Navigating Bitcoin's Financial Evolution
This chapter explores the complexities of the Lightning Network for Bitcoin transactions, highlighting trust distinctions between custodial and non-custodial setups. It also discusses the implications of stablecoins on both Bitcoin and Ethereum, examining shifts in financial systems and the transformative potential of Bitcoin amidst evolving economic landscapes. The conversation emphasizes transparency, the role of central banks, and the future of traditional financial practices in a Bitcoin-dominant economy.
Transcript
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