2min chapter

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

BTC133: Creating a New Libor on Bitcoin w/ Jesse Shrader (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin: A Complete Alternative to Trust-Based Financial Settlement

The fact that people have the optionality to basically set up their own infrastructure and run it is the main thing that we need to ensure continues to exist, he says. Bitcoin makes it so much different than the legacy financial system, which you don't even have anything remotely close to that optionality to run on your own. So well, back to this question. Does that prevent the attack vector of centralizing forces? Is that enough? Yes.

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