Is Bitcoin's security going to be unreliable, volatile, or could it even fail entirely when we lose the block subsidy? Or is #Bitcoin set to operate smoothly with a natural transition from newly minted bitcoin, to transaction fees? Exploring the security of Bitcoin in the next economic era, with Dan Held's amazing piece, "Bitcoin's Security is Fine."
Don't forget to check out Dan Held's other work, the amazing set of links throughout the article, and drop some applause below:
https://blog.picks.co/bitcoins-security-is-fine-93391d9b61a8
Don't forget to check out Dan's Held's asset management company, Interchange.
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
"Imagine the ideal protocol. It would have the most trustworthy third party imaginable — a deity who is on everybody's side. All the parties...
"While it was pretty difficult for him to take over the very decentralized process of people exchanging gold nuggets, there are now a few...
"Money is an intersubjective problem, and a choice to opt into one monetary medium is an explicit opt out of the other, which in...