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Joe Burnett of Blockware joins me to chat about why Bitcoin's security is probably fine in the long term. We chat about the typical arguments for and against here, as well as the surprising idea of 'finality, not security'. Bitcoin long term security argumentsFinality, not securityBitcoin's scaling cycleWhy ETH is more or less doomedBull and bear markets of bitcoin are a feature
Links: Twitter: @IIICapital Blockware/Riot Mining Report: Bitcoin Transaction Fees Thread: https://twitter.com/IIICapital/status/1599813831231827968 Blockware Purchasing Power report
On Mastodon / Pleroma (Fediverse), follow: @stephanlivera@bitcoinhackers.org
Twitter: @stephanlivera
The Ethereum foundation has a conflict of interest.
You see, millions of idiots already staked their ETH without a way to unstake it. The code doesn't even exist yet.
The Ethereum foundation is never going to create the code. If they do, it'll cost them billions of dollars worth of free security.
No for profit company would ever take such a step against its own interests.
This is the problem when crypto has a leader.
They will drag their feet on it forever.
On Mastodon / Pleroma (Fediverse), follow: @stephanlivera@bitcoinhackers.org
Twitter: @stephanlivera
The Ethereum foundation has a conflict of interest.
You see, millions of idiots already staked their ETH without a way to unstake it. The code doesn't even exist yet.
The Ethereum foundation is never going to create the code. If they do, it'll cost them billions of dollars worth of free security.
No for profit company would ever take such a step against its own interests.
This is the problem when crypto has a leader.
They will drag their feet on it forever.