bitcoin

What's the last thing you bought with BTC or Lightning in November?

mikhael

Almost everything from https://shamory.com/ !

Proof of Stakers mistake abstract power for physical power

WBD582 QE Infinity with James Lavish & Greg Foss | What Bitcoin Did 📺

ExponentialBTC

Always great to hear, although I skipped the FTX/SBF part as it's a distraction.

*"I've never had so much positive vibes in the presence of a bloodbath"* -- Greg Foss quoting Mark Moss

*People often fall into the trap of mistaking abstract/imaginary power for real/physical power. A recent example is playing out in well-known Proof-of-Stake distributed ledgers.*



![overview](https://pbs.twimg.com/media/Fh2Yq37XEAEacY-?format=jpg&name=large)

![powerline](https://pbs.twimg.com/media/FhsF9tVXwAEdnQG?format=jpg&name=medium)

![compsci](https://pbs.twimg.com/media/Fhr5L1uXgAAbdbs?format=jpg&name=medium)

## Summary
Bitcoin bridges the divide between abstract/imaginary power and real/physical power, thus making a system that is pure information (abstract) and yet physically secure, only breakable by directing a huge amount of real world, physical power and resources.

### Source

Huge thanks to https://twitter.com/JasonPLowery/ 