2min chapter

The "What is Money?" Show cover image

Bitcoin and Cryptosovereignty with Erik Cason (WiM293)

The "What is Money?" Show

CHAPTER

The Importance of Unconcealedness in Proof of Work

Heidegger said that truth is unconcealiveness. And, you know, we often say Bitcoin is truth. I thought there's a few other definitions of truth that I also think applied to Bitcoin, but I thought that one was just brilliant. That's essentially what Bitcoin is, right? You can inspect every component of it. There's no opportunity for information asymmetry. It's like very just in that way.

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