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 Me...
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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?