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#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
Is the Proof of Work a Hard Fork of Bitcoin?
The original Bitcoin, for the most part, is not undergone any changes. And that's one of the... I mean, it has undergone changes, but none in the important parameters of the network. Another criticism is about energy. So the proof of work, the consensus mechanism uses a lot of energy. It does consume a lot more energy than central banks. A high quality of life often requires giving the current technology a high expenditure of energy.
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