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We Study Billionaires - The Investor’s Podcast Network cover image

BTC165: Bitcoin's 2024 Technical Overview w/ NVK (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

Bitcoin's Permissionless Nature

Bitcoin's permissionless nature allows people to work on it and build without worrying about technical risk, as they are not required to seek permission. The deployment of the Taproot protocol has enabled the issuance of BRC 20 tokens, prompting discussions about the intent behind its use. Some view it as creating value, while others consider it an attack. However, in the context of Bitcoin, individual opinions do not dictate the nature of its use, as transactions are validated based on fees paid, without the need for permission.

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