"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."
Bitcoin Mechanic
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.
River is the Bitcoin exchange of choice for the long-term investor. Use this link to get started and earn up to $100 in BTC when you buy Bitcoin at River.
Follpw Bitcoin Mechanic on Twitter.
Check out Ocean.
Follow Cedric Youngelman on Twitter
Follow The Bitcoin Matrix Podcast on Twitter
Finally if you could write a five star review for The Bitcoin Matrix Podcast wherever you listen to your podcasts that would really help get the word out and help new listeners find the show.
And thank you for listening!
Explicit content warning
06/24/24 • 107 min
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-bitcoin-matrix-389663/bitcoin-mechanic-boiling-the-ocean-56824019"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to bitcoin mechanic - boiling the ocean on goodpods" style="width: 225px" /> </a>
Copy