
Bitcoin Audible Read_503 - Bitcoin is Time [DerGigi]
Mar 5, 2021
Explore how Bitcoin redefines the concept of time rather than just functioning as digital money. DerGigi discusses the significance of decentralized timekeeping in maintaining trust without a central authority. Delve into the complexities of block time, synchronization in a distributed network, and the philosophical implications of Bitcoin. The conversation also touches on the challenges of double-spending and how proof of work enables a trustless system, positioning Bitcoin as both a currency and a global clock.
Chapters
Books
Transcript
Episode notes
1 2 3 4 5 6
Intro
00:00 • 3min
The Intricacies of Time in Bitcoin and Its Impact on Civilization
02:48 • 6min
The Timekeeping Challenge in Digital Transactions
08:30 • 31min
Establishing Trustless Systems through Proof of Work
39:46 • 6min
The Time of Bitcoin: Mining and Consensus
45:24 • 14min
Decentralized Timekeeping in Bitcoin
59:30 • 12min

