
Shitcoin Insider Chat_006 – Proof of What?
Proof of stake, versus proof of work. Isn’t POW super wasteful, while POS is the cost free alternative that obviously is as equally secure? Are

Proof of stake, versus proof of work. Isn’t POW super wasteful, while POS is the cost free alternative that obviously is as equally secure? Are

“Long before we had the Bitcoin energy debate, we had the gold resource cost debate. The contours were similar: the costs associated with gold refining

“Farzan and her family traveled by foot, car and train thousands of miles through Iran and Turkey, finally making it to Germany in 2017. Along

Dave Smith has finally done a Bitcoin episode! For those of you who missed this, I am making it available on my own feed and

“Bitcoin fails as a money b/c of its naive monetary policy. Many people think government printing too much is evil, so a fixed money supply

“This technology goes around blockades and government restrictions, it allows you to move value without trusting anyone, it connects you to the world, and it

“By all extant metrics in security system review, this system should have failed instantaneously, at every possible layer.
And, to be fair, it

“And it’s easier to sensationalize things for pageviews or political gain. For example, it’s commonly said that the Bitcoin network uses more energy than some

“Bitcoin is a network, a money, a language, a system of rules, & a clock. Bitcoin is backed by Truth”
– Guy Swann
Links

The word “fiat” is growing more aggrandized in the modern lexicon, however, despite its increasing popularity it is often ill defined or misused. I regularly

“Here’s the deal with the US infrastructure bill: A new provision has been added that expands the Tax Code’s definition of “broker” to capture nearly

“Many tellings of El Salvador’s story have largely overlooked and understated the role of the Lightning Network. But make no mistake: any country could have
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