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An Enquiry Into Bitcoin's Existential Risks, With Joe Kelly.
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2022Aug 18
Joe Kelly is a Bitcoin skeptic/detractor, we discuss Bitcoin's existential risks and potential defense mechanisms. TIMESTAMPS: 00:00:00 Intro 00:02:02 Who is Joe Kelly? 00:08:05 Means vs Ends; a normative discussion on Bitcoin 00:19:38 Bitcoin's fee-based security model 00:36:10 The nightmare of 51% Attacks and censorship resistance 00:57:10 Can we have decentralization via hardware? 01:01:09 Defense tools against a 51% attack 01:07:00 Is social consensus a valid defense mechanism? 01:16:32 Is Proof of Work dispensable? 01:24:50 Bitcoin governance and the economic majority 01:31:52 What is the most likely outcome for Bitcoin? Joe's Article On How to Kill Bitcoin:   / how-to-kill-bitcoin-part-1-is-bitcoin-unst...   Joe's Article On Bitcoin’s Fee-Based Security Model:   / on-bitcoins-fee-based-security-model-part-...   Joe's Twitter: @joekelly100 Connect with me on Twitter: @gaelsansmith Get in touch: gaelsanchezsmith@gmail.com

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Gael SĂĄnchez Smith

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