61. Why bitcoin can’t be controlled by councils
The Bitcoin Standard Podcast
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Bitcoin Block Size War
Austrian economics helps us understand the Bitcoin block size war. The fact that miners have a lot of money invested in Bitcoin is not a threat to them, it's a liability for them. Value comes from the market. It's not imparted on the blocks because of work done. Nobody hears proposing anything about consensus rules. None of these miners or the statement issued by their mining council was not suggesting that we should change the Bitcoin protocol anyway. They're just out there so far at least.
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