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

BTC180: The Current Challenges Bitcoin Faces w/ Max Hillebrand (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Importance of Understanding Resistance in Bitcoin's Design

The insight emphasizes the significance of resistance in Bitcoin's design to comprehend freedom technology, where without resistance, higher-level security protocols are ineffective. The speaker highlights a critical flaw in Bitcoin called pooling pressure, which results in larger miners gaining more financial benefit than smaller ones due to the costs involved in verifying and relaying blocks across the network. This flaw remains unresolved and poses a significant challenge to fix.

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