23 sats \ 8 replies \ @k00b 16 Jul \ parent \ on: What would change your conviction in bitcoin? bitcoin
I hadn't heard of that book. Thank for mentioning it!
Discusses how adoption by institutions would fundamentally change the security model.
hmmm
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23 sats \ 7 replies \ @Fabs 16 Jul
Sounds like some hefty reading, but some pretty dope one, too.
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23 sats \ 6 replies \ @SpaceHodler 16 Jul
Yes, and math-heavy.
The titles of the last 3 chapters - Centralization, Capture and Collapse - sound rather ominous.
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23 sats \ 5 replies \ @Fabs 16 Jul
Okay, thanks, I'm passing. 😅
Incredible how he has been able to a) learn and understand all of the above, and b) has been able to write a book about it.
Seriously impressive.
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13 sats \ 4 replies \ @SpaceHodler 16 Jul
It's really a shame that the book hasn't gotten more attention, because it does seem like he has given it a lot of thought. It's understandable though - it's too much for most. But I guess it has too be that way and can't be made more concise.
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0 sats \ 3 replies \ @Fabs 16 Jul
Well, it's a highly specific and complex part of Bitcoin, what can you expect?
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0 sats \ 2 replies \ @SpaceHodler 16 Jul
It is, but it's also crucial. If this specific and complex part has a fault, none of the other parts matter in the grand scheme of things.
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0 sats \ 1 reply \ @Fabs 16 Jul
What was the reason that he went and sold his stack?
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0 sats \ 0 replies \ @SpaceHodler 16 Jul
He mentioned it in a video that he used to own bitcoin, but eventually sold it. My memory is faint, it was my impression that he had stopped believing in it, but on second thought I'm not entirely sure.
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