No matter how often we cover these ideas, it still seems astonishingly common for new people to fall into the same old fallacies and the same misguided thinking. In this episode I try to cover all the major problems with the "raise the blocksize" mentality, and why its thinking incorrectly about what the system even provides, and most importantly how it provides it.
We cover 7-9 key points and ways to think about scaling, the Bitcoin network, & what the future of it might be given enough time. Bitcoin is the tortoise, not the hare. And the problem isn't about building a VISA competitor, its about building a state-proof monetary base. Lets jump in!
Don't forget to get your BitBox02 with discount code "GUY" for 5% off at guyswann.com/bitbox
You should already be stacking, but take the work out of it by do it automatically with Swanbitcoin.com/guy (free sats to start your plan)
“In my lifetime I have seen many technologies emerge. The Internet. Pocket super computers. Digital music. And the old guard fought it, tried to...
“It’s going to be really interesting to replicate some of the token-based authentication schemes that we already have with centralized providers but do it...
"People that are in the Western world and specifically in the United States, what they're realizing, whether they can say it this way or...