#410: The Fed Is Trying To Bring Down The European Banks with Tom Luongo
TFTC: A Bitcoin Podcast
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The Importance of Proof of Work
The Bitcoin Maxis are absolutely right. Like 90% of the crypto market is crap. 95% of those garbage. I'm still just a proof of work Maxi. It's... Because that's the thing that's ... That is the thing that makes those coins commodities, where everything else is just not. And it's tokenized electricity, whatever you want to call it. Gold is like congealed diesel fuel. Human labor. That's the 90% of any friggin gold company.
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