13min chapter

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

BTC098: Proof of Stake (PoS) Versus Proof of Work (PoW) w/ Jason Lowery (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Abstract Power Hierarchies and Proof of Stake

This chapter discusses the concept of abstract power hierarchies and questions the effectiveness of proof of stake systems. It explores the emergent properties of systems based on abstract power versus physical power and examines the potential risks and drawbacks of cryptocurrencies.

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