Intro

This chapter explores a programmer's fascination with Bitcoin, starting from its milestone of exceeding $1 in 2011. It examines the allure of scarcity, comparing Bitcoin to collectible items while reflecting on its impact in light of the 2008 financial crisis and the evolving understanding of its economic and theoretical implications.

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IN THIS EPISODE, YOU'LL LEARN:

How are Bitcoin updates generated between developers
How are Bitcoin updates released once complete
How are new versions tested and agreed to
What happens if updates aren't used by full node operators
Why full node operators are important versus why miners are important
51% attacks
Quantum computing and it's potential threat to Bitcoin
Other engineering threats to Bitcoin
Jimmy's thoughts on interesting software initiatives moving forward

BOOKS AND RESOURCES

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Jimmy Song's new Book, Thank God For Bitcoin
Jimmy's Book, Programming Bitcoin
Jimmy's Podcast, OffChain
Browse through all our episodes (complete with transcripts) here.

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