CD23: the state of bitcoin with @gladstein, @dergigi, and @croesus_btc
Citadel Dispatch
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Proof of Stake - Proof of Work Is a Real Innovation
Gigi: I think proof of work is a real innovation. It's insane that it almost seems like an overwhelming majority of people in the industry, including so-called smart money, are against it. With Bitcoin, we existing holders can't block new entrants. But with proof of stake, that's not possible. We'll see if it happens. And I think there'll be a fight with miners if it does happen."
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