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55: Healthy Bitcoin Skepticism
Manage episode 294465488 series 2936982
Blind allegiance to anything is probably not a good thing. Nothing is perfect, including Bitcoin. In this episode, we explore some of the flaws of Bitcoin that Mrugakshee discovered while researching for a Bitcoin Webinar. A healthy dose of skepticism from time to time keeps us rooted in reality!
Keegan's Newsletter on Sathoshi Nakamoto- https://keeganfrancis.substack.com/p/my-thoughts-on-satoshi-nakamoto
Videos by Coding Jesus that sparked the curiosity of learning about Bitcoin's flaws- https://www.youtube.com/watch?v=vjwVtl-VBDw
https://www.youtube.com/watch?v=n0cpX0se6hI
Timestamps:
(00:00) - Introduction
(01:26) - Mruga finds reasons to question belief in Bitcoin, inspired by YouTuber 'Coding Jesus'
(04:27) - Is Bitcoin still used as, and considered, electronic cash?
(13:05) - The importance of Bitcoin's origin, and Satoshi Nakamoto's anonymity
(16:28) - Does Bitcoin not being anonymous, get in the way of it being censorship resistant?
(29:05) - Can Mining Pools censor transactions?
(37:13) - The fungibility of Bitcoin
(45:07) - Closing Thoughts
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com
100 episodes
Manage episode 294465488 series 2936982
Blind allegiance to anything is probably not a good thing. Nothing is perfect, including Bitcoin. In this episode, we explore some of the flaws of Bitcoin that Mrugakshee discovered while researching for a Bitcoin Webinar. A healthy dose of skepticism from time to time keeps us rooted in reality!
Keegan's Newsletter on Sathoshi Nakamoto- https://keeganfrancis.substack.com/p/my-thoughts-on-satoshi-nakamoto
Videos by Coding Jesus that sparked the curiosity of learning about Bitcoin's flaws- https://www.youtube.com/watch?v=vjwVtl-VBDw
https://www.youtube.com/watch?v=n0cpX0se6hI
Timestamps:
(00:00) - Introduction
(01:26) - Mruga finds reasons to question belief in Bitcoin, inspired by YouTuber 'Coding Jesus'
(04:27) - Is Bitcoin still used as, and considered, electronic cash?
(13:05) - The importance of Bitcoin's origin, and Satoshi Nakamoto's anonymity
(16:28) - Does Bitcoin not being anonymous, get in the way of it being censorship resistant?
(29:05) - Can Mining Pools censor transactions?
(37:13) - The fungibility of Bitcoin
(45:07) - Closing Thoughts
Edited and Mixed by Kaushik Sethunath.
Visit the Go Full Crypto website at: https://www.gofullcrypto.com
100 episodes
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