"In the marketplace there is a lot of noise and very little understanding of how the fundamental capabilities of Bitcoin arise out of its proof of work algorithm. We’ll see a lot of consensus suggestions and quite honestly a lot of them are not going to work and a lot of them are bullshit that will make a lot of consultants rich selling bullshit to banks."
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[ 3.8 ms ] story [ 6.9 ms ] thread"In the marketplace there is a lot of noise and very little understanding of how the fundamental capabilities of Bitcoin arise out of its proof of work algorithm. We’ll see a lot of consensus suggestions and quite honestly a lot of them are not going to work and a lot of them are bullshit that will make a lot of consultants rich selling bullshit to banks."