
SLP306 Guy Swann - What Makes Bitcoin A Breakthrough (Newcoiner episode)
Stephan Livera Podcast
00:00
Is Bicoin Old Technology?
The incentives of biccoin are a bit more better aligned for the system to operate into the longer term. T c p ip really has kind of been unchanged since 19 78, i guess. If you make something that you can't break, it just means that you don't understand it well enough to break. The number one rule in cryptography and cypher punks is, don't roll your own crypto. Don't do it. Use the one that is trusted. We know that it actually works. And these things are completely based on that security. That's where their value comes from.
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