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The Contradictions of Statism | The Hillebrand Series | Episode 9 (WiM068)

The "What is Money?" Show

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The Cost of Bitcoin Mining

An attack makes the network more expensive. So it's increasing demand for network security. And because it's that expensive, people, people don't defend their property,. and that's when they get it stolen from so reducing the cost of defense is is a very much the most important strategy evera like that framework your approaching through. It almost puts, it gives us a window through which to evaluate bit coin mining and government equally are at just the cost of providing security.

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