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BTC132: Mental Models For Understanding Bitcoin w/ Anil Patel (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
The Importance of Governance in Bitcoin
The point of Bitcoin is to remove third parties from exchanges of value at the issuance of money. You can only do that if there is some kind of work or effort involved in both those things, either the issuance of currency or the validation of transactions. The other direction is governance, which is basically the fiat system and you're quoting all those responsibilities on the shoulders of a select group of individuals. Humans given a long enough timeframe and the ability to influence things at that level of society, you know, like the base money of a society, you're just asking for trouble.
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