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Why is Bitcoin Antifragile?
3
Transcript
Technical Disorder
- Protocol Level Attacks
- Denial of Service Attacks
- New Technologies
- Few Guarantees
Technological
Developers
Technical Gains
- Malleability - Strengthening
- Tx Spam - 2nd Layer
- Altcoins - Better Software
- Few Guarantees - Prudence
Economic Disorder
- Company Collapse
- Government Ban
- Volatility
- Few Guarantees
Why is Bitcoin Antifragile?
No Guarantees
Economic
Virtue
HODLers
Stronger
Economic Gains
Jimmy Song
- Weak Companies Die - Mt Gox
- Gov't Irrelevance - China
- Uncertainty Acclimation - Bubbles
- Few Guarantees - Temperance
Social Disorder
- FUD/Tulip Attack
- Governance Takeover Attack
- Scams
- No Guarantees
Social
Community
Social Gains
- No Appeals to Authority - Jaime Dimon
- Businesses not in charge - NYA
- Smarter, more informed community
- No Guarantees - Meritocracy
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