The "What is Money?" Show cover image

WiM006 - The Saylor Series | Episode 6 | Digital Gold: Harder, Smarter, Stronger, and Faster

The "What is Money?" Show

CHAPTER

The Gatekeepers Are Your Weakness

There's no gate keepers in a decentralized proof of work network that's energy intensive. If you're trying to use ta small amount of energy to secure a large amount of energy, you created a gatekeeper. And so you need to flip the pyramid. There's no such thing as a free lunch. The romans never sat and cored ind of gate. They knew, and anybody in war knows, you have to go and leave the citadel,. You have to direct actively fight the army that would kill you. This difference between people who get it and those that don't is what makes bicon different from other forms of money-laundering or bank fraud. It just doesn

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