
WiM053 - The Saylor Series | Episode 13 | Bitcoin is Cybernetic Life
The "What is Money?" Show
00:00
Bicoin's Proof of Work Network
The difficulty adjustment actually makes bit coin the first money in history that is adaptive to human action. The word that rang through the halls of m i t when i was there was adaptive control system. You want to build complicated things, you want to go at the speed of sound, if you want to going faster than human beings can perceive, you have to build an adaptive Control System.
Transcript
Play full episode