SLP442 Joe Burnett Bitcoin Long Term Security and why ETH is doomed
Stephan Livera Podcast
00:00
Is It the Nodes That Really Protect the Overall Validity of Transactions?
Bitcoin is the system that exists outside of the government. When transaction fees go up, what we see happen is people demand cheaper settlement. We've seen this play out with Lightning Network development and FETI Mint. And then there's another wave of a Bitcoin adoption where they eventually demanding final settlement on their coins. So it's just a round and round and round. It's really interesting to talk about this flywheel," says Co-founder Mike Kuchins.
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