4min chapter

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#173 – Nic Carter: Bitcoin Core Values, Layered Scaling, and Blocksize Debates

Lex Fridman Podcast

CHAPTER

Bitcoin Is Not Just a Basic Protocol and a Basic Currency

Bitcoin is the encoding of certain values, which are often misunderstood or not acknowledged necessarily. The key number one value that's embedded in Bitcoin is the notion of non-discretionary monetary policy. It really is super concrete about what the supply schedule is and the fact crucially that it can't change. And I think ultimately that comes back to basically a strong respect for property rights.

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