Bitcoin.Review Podcast with NVK & Guests

BR021 - Bitcoin Power Dynamics Panel ft. Harry Sudock, Aaron van Wirdum & Adam Gibson

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I'm joined by guests Harry Sudock, Aaron van Wirdum and Adam Gibson to discuss the power dynamics in Bitcoin.

Discussion Topics:

  • 00:02:41 The Mexican stand off conceptualisation of the power dynamics within Bitcoin
  • 00:04:19 Are developers part of the game theory?
  • 00:21:57 The power dynamics involved in changing Bitcoin
  • 00:33:39 The role of prediction markets in determining consensus
  • 00:43:01 Can Bitcoin development be corrupted?
  • 00:46:26 Corruption factors invovled in chain forks
  • 00:53:39 Bitcoin's resistance to change
  • 00:57:12 Bitcoin vs gold and considerations surrounding resistance to human interference
  • 01:03:19 Perspectives on changing Bitcoin
  • 01:04:41 Controversial changes (Tapscript)
  • 01:07:16 What properties of Bitcoin are changeable?
  • 01:15:18 How do you defin the "true" Bitcoin?
  • 01:23:53 Forking as means of achieving market consensus
  • 01:27:14 Politcs and getting buy-in for controversial changes
  • 01:32:40 Why change Bitcoin?
  • 01:34:55 Historic examples of contentious changes
  • 01:38:11 Contextualising developer influence on Bitcoin
  • 01:41:05 Contentious non-consensus changes (RBF)
  • 01:45:12 Game theory involved in conflicts between users and miners
  • 01:55:53 Mitigating against short term incentives with long term risks
  • 01:59:39 Bitcoin: There is no alternative
  • 02:01:55 Off-chain considerations

    • Links & Contacts:

    • Website: https://bitcoin.review/Podcast
    • Twitter: https://twitter.com/bitcoinreviewhq
    • NVK Twitter: https://twitter.com/nvk
    • Telegram: https://t.me/BitcoinReviewPod
    • Email: [email protected]
    • Nostr & LN:⚡[email protected] (not an email!)

      • Full show notes: https://bitcoin.review/podcast/episode-21/

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