Podcasts: Bitcoin Mechanic - Boiling the Ocean 🔗 11 weeks ago
- Category: Podcasts | The Bitcoin Matrix
- Author(s): Cedric Youngelman
- Published: 24th June 2024 01:46
"Bitcoin is a decentralized bank digital currency. So, if it becomes centralized by definition it is a CBDC. Bitcoin is a CBDC waiting to happen. It's a nightmare unless we can get it back on track. It's something we're sleepwalking into."Â Â
- Bitcoin MechanicÂ
In this episode, I sit down with Bitcoin Mechanic the Chief Boiling Officer over at decentralized mining pool Ocean to discuss the threat from the centralization of bitcoin mining, filtering vs censorship and if Bitcoin is going to eventually turn into a CBDC one day if we continue on our current path.
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