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Bitcoin Physics, Philosophy, and Fundamentals with Michael Dunworth - Freedom Footprint Show 44

The Bitcoin Infinity Show

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The Importance of Prime Coins

Private crime coin was one of the first shit coins to ever exist. The thing was that miners would be rewarded for finding high prime numbers. Group on basically sold coupons to cupcakes, places to bakeries or restaurants. And so that incentive model is now not an incentive model. It becomes more of a marketing promotional tactic almost. When you start introducing external conditions to a distributed system, people change the whole composition of how this system will operate.

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