5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC100: Jeff Booth On Finding Bitcoin's Signal In A Noisy World (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Trilema

In the Bitcoin trilema, you can solve two of three sides of that triangle. So decentralization, security or scalability is a quandary in trying to connect all three. As one side becomes more and more centralized by design because it must, then you have this centrally controlled function controlling everything else. And so missing that and sacrificing decentralization or security for something that must be centralized over time, ask to lose in the free market.

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