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#746 The Bitcoin Difference w/ Aleks Svetski

The Pomp Podcast

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Proof of Work Is Not Decentralized

The main point of proof of work is that it's truly decentralized. I don't think anyone in the world can look at the bicoin block chain and say, this is not decentralized. The more people we move into bit coin, the sooner we actually move on to a world where we have equality opportunities. So crypto in general is a distraction. Then if we look at applications of data base technology with some sort of consensus mechans maybe issuing tickets for a game or something like that. That's fine. But it shouldn't be classified in the same i guess. Here's o tickent eligo.

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